2011-05-11T15:33:18-07:00 2010-12-31 990 2010-01-01 630052772 CULLMAN ELECTRIC COOPERATIVE CULL 2567373200 P O Box 1168 Cullman AL 350561168 Grady Smith 2567373240 2011-05-11 2010 2016-03-07 17:11:31Z Grady Smith P O Box 1168 Cullman AL 350561168 105330921 0 X www.cullmanec.com X 1936 AL Cullman Electric Cooperative's mission is to provide electric service to its members located in four North Alabama counties while adhering to the following values: commitment, accountability, reliability and efficiency. 9 9 105 0 1003198 121009 0 0 93314151 102464789 201838 322422 2185848 2542681 95701837 105329892 0 0 0 0 4797087 5259598 0 0 0 87792607 96286890 92589694 101546488 3112143 3783404 148068274 157071235 84861740 90081622 63206534 66989613 Cullman Electric Cooperative's mission is to provide electric service to its members located in four North Alabama counties while adhering to the following values: commitment, accountability, reliability and efficiency. 0 0 0 0 0 Provide electric service to members. 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 50 0 1 105 1 1 1 0 0 0 0 102464789 2865103 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X C Jerry Weathersby 2567373200 1749 Eva Road NE Cullman AL 35055 Neil Rainwater 3.7 X X 13540 0 0 James C Fields Jr 2.2 X X 12340 0 0 Lynda Carter 5.2 X X 12340 0 0 Chad Alexander 2.3 X X 12340 0 0 David Hembree 6.4 X 12340 0 0 Sue Reynolds 4.4 X 12340 0 0 Robert Tidwell Jr 2.1 X 12340 0 0 Daryl Calvert 1.9 X 11440 0 0 Lisa Weeks 2.6 X 10840 0 0 Grady W Smith Jr 50 X X X 179897 10356 56221 C Jerry Weathersby 45 X X 99921 0 38291 Kyle Baggett 47 X X 107725 0 25837 Gail Neal 45 X X 105317 0 40061 602720 10356 160410 3 0 1 0 Nelson Tree Service Inc 3300 Office Park Drive Dayton OH 45439 Right of way clearing 1220894 Sumter Utilities Inc P O Box 579 Sumter SC 29151 Install utility services 1075452 B & R Meter service Inc 2010 County Road 1725 Holly Pond AL 35083 Meter reading service 362864 Vanguard Alliance-CSA P O Box 3480 Tupelo MS 38803 Billing Service 291300 Service Electric Co 608 S Holtzclaw Chattanooga TN 37404 Line Maintenance 306031 14 0 Electric Sales 221000 102464789 102464789 0 0 0 0 0 0 102464789 322422 0 0 322422 0 0 0 0 0 0 0 0 1383520 14800 0 0 1383520 14800 1398320 0 0 1398320 0 0 1202 1029 173 0 173 0 Patronage Capital 900099 141163 141163 0 0 Contract Billings 541519 1003025 0 1003025 0 0 0 0 0 1144188 105329892 102605952 1003198 1720742 778669 1507109 1534746 1439074 3234311 5609986 Power Cost 76951164 Distribution - Operations 1589766 Distribution - Maintenance 4543471 Transmission Maintenance 30826 Taxes 3388675 938691 101546488 0 0 0 658566 1009369 2582295 5150895 8685246 10591533 916783 921966 4488389 4590103 190418680 58054416 128309001 132364264 2427994 2443105 148068274 157071235 9065259 15174730 1098555 1021457 72263218 71455929 0 2434708 2429506 84861740 90081622 X 199925 199600 0 0 63006609 66790013 63206534 66989613 148068274 157071235 X 3783404 -325 X 0 1 1 0 0 1021501 1021501 0 7321019 2482398 4838621 0 0 0 0 0 6858154 5120097 1738057 0 175218006 50451921 124766085 132364264 0 Member Deposits 2429506 2429506 105329892 101546488 3783404 0 0 0 0 0 0 3783404 105329892 0 0 0 0 0 105329892 0 0 0 105329892 101546488 0 0 0 0 0 101546488 0 0 0 101546488 SchD_P10_S00_L02 Schedule D, Part X, Line 2 Effective January 1, 2009, the Corporation implemented the Accounting Guidance for Uncertainty in Income Taxes using the provisions of ASC Topic 740, Income Taxes (previously FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes - An Intrepretation of FASB Statement No. 109). The adoption of FASB ASC 740 did not have a material impact on the Corporation's financial statements. The Corporation has concluded that there are no significant uncertain tax positions requiring disclosure, and there are no material amounts of unrecognized tax benefits. The Corporation's evaluation was performed for tax years ended June 30, 2007 through June 30, 2010. The years that remain subject to examination by major tax jurisdictions as of June 30, 2010. 0 0 0 Grady W Smith Jr 176656 0 0 0 3240 10356 55867 0 3822 0 239585 10356 0 0 Federated Rural Electric Insurance Board Member 166982 Property and Liability Insurance 0 F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 Members F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a The Members elect the Board of Trustees. F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a After the Form 990 was prepared by the Accounting Department, the Vice President of Accounting, Finance and Control performed the initial review. The Cooperative's President & CEO reviewed the report. A draft copy of the Form 990 was provided to the Cooperative's legal counsel and independent auditors for their review. The Cooperative's governing Board was provided a copy of the report and reviewed the report at a regular Board meeting. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c A copy of the conflict of interest policy and a questionnaire is provided annually to all Trustees, applicable management team members and selected employees to be returned to the President & CEO or Executive Committee of the Board of Trustees. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Board of Trustees evaluates the performance of the President/CEO annually. During this time compensation is reviewed and the Board, acting as the Compensation Commmittee, makes their recommendation. A written contract is executed at this time. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Cullman Electric Cooperative's governing documents, conflict of interest policy and financial statements are available upon request through the office of the Vice President of Accounting, Finance and Control. F990_P11_S00_L05 Form 990, Part XI, Line 5 Net change in Memberships. Operation Round-up of Cullman and Winston Counties P O Box 1168 Cullman AL 350561168 631284255 Educational assistance AL 501(c)3 9 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0