2011-08-18T08:36:03-04:00 2010-12-31 BKD LLP PO BOX 3667 LITTLE ROCK AR 722033667 990 2010-01-01 710166791 SOUTHWEST ARKANSAS ELECTRIC COOPERATIVE CORP SOUT 8707722743 P O BOX 1807 TEXARKANA AR 718541807 C WAYNE WHITAKER 2011-07-21 CHERYL SCHLUTERMAN 5013721040 2010 2016-02-24 21:20:13Z C WAYNE WHITAKER 2904 E 9TH ST TEXARKANA AR 71854 56062264 false X WWW.SWREA.COM X 1937 AR PROVIDE FIRST CLASS ELECTRIC SERVICE TO THE MEMBERSHIP AT A VALUED PRICE, AND TO PROVIDE OTHER SERVICES THAT ADD VALUE TO THE ORGANIZATION. 9 9 96 9 0 0 0 0 47267095 54599543 1439495 1172814 1145988 289907 49852578 56062264 0 0 0 0 475335 856865 0 0 0 46910254 52662656 47385589 53519521 2466989 2542743 146233490 147070860 82015624 78061806 64217866 69009054 PROVIDE FIRST CLASS ELECTRIC SERVICE TO THE MEMBERSHIP AT A VALUED PRICE, AND TO PROVIDE OTHER SERVICES THAT ADD VALUE TO THE ORGANIZATION. false false DISTRIBUTION OF ELECTRICITY TO 18,508 MEMBER ACCOUNTS, 27,440 METERS. false false false false false false false false true true false false true false false false false false false false false false false false false false false true false false false false false true false false false false false true true false false true 67 0 true 96 true false false false false false 54599543 1462721 false X 9 9 false false false false true true true true true false true true true true true true true true true true false X TRACY GOLDEN 8707722743 2904 E 9TH ST TEXARKANA AR 71854 RICHARD BARNARD 5.0 X 17550 0 0 G E CRABTREE 7.0 X 19096 0 0 ALAN GREEN 6.0 X 18350 0 0 A LYNN LOWE 12.0 X 11892 0 0 JAMIE STEVENS 6.0 X 9939 0 0 RUSSELL PENDERGRAFT 5.0 X 18550 0 0 WARREN PLYLER 6.0 X 20100 0 0 DON STEMPLE 7.0 X 19796 0 0 JESSE SULLIVAN 4.0 X 18150 0 0 TOMMY ISBELL 2.0 X 0 0 0 CHARLES W WHITAKER 60.0 X 281700 0 112489 ALLAN C HOGUE 43.0 X 111764 0 35971 TRACY GOLDEN 43.0 X 104982 0 22468 GEORGE WALL 40.0 X 107153 0 70808 759022 0 241736 4 false true false GS TREE SERVICES RIGHT OF WAY 338900 PIKE ELECTRIC INC LINE CONSTRUCTION 834494 VINCENT BROTHERS POWERLINE LINE CONSTRUCTION 537564 APPLE TREE SERVICE INC RIGHT OF WAY 723071 TOTH ASSOCIATES CONSULTING ENGINEERS 329195 12 0 ELECTRICITY SALES 221000 54599543 54599543 0 0 54599543 1172814 0 0 1172814 0 0 0 0 0 0 REDEMPTION OF CAPITAL CREDITS 212000 206889 206889 0 0 OTHER INCOME 900099 83018 83018 0 0 289907 56062264 54889450 0 1172814 0 0 0 0 856865 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3690679 0 4210222 0 COST OF POWER 32504733 TRANSMISSION EXPENSE 148069 DISTRIBUTION EXPENSE-OPERATION 4463810 DISTRIBUTION EXP-MAINTENANCE 3927218 ADMINISTRATIVE & GENERAL 3651529 66396 53519521 797037 409471 13982570 8602424 4164592 4456381 622335 643541 1425753 1512784 558762 439858 155369762 48617957 100540768 106751805 24140867 24253790 806 806 146233490 147070860 16133837 15972811 64623266 60715051 1258521 1373944 82015624 78061806 X 66373207 70749194 -4978270 -4641103 2822929 2900963 64217866 69009054 146233490 147070860 X 2542743 2248445 X X false false false 151632722 48617957 103014765 3737040 3737040 106751805 COOP FINANCE CORP CAPITAL CERT 1246226 C COOP FINANCE CORP PATR CAPITAL 476102 C AR ELEC COOP PATR CAPITAL 617959 C OTHER PATR CAPITAL 520492 C MISC MEMBERSHIPS 3315 C INVESTMENT AT AECC 19889696 C MEMBER CAPITAL SECURITY - CFC 1500000 C 24253790 0 CONSUMER DEPOSITS 1040295 DEFERRED CREDITS 333649 1373944 X X false false false CHARLES W WHITAKER 263005 0 0 0 18695 0 96787 0 15702 0 394189 0 0 0 GEORGE WALL 91220 0 0 0 15933 0 56734 0 14074 0 177961 0 0 0 ARKANSAS ELECTRIC COOP CORPORATION WHITAKER & STEMPLE - BOD 32504733 PURCHASED POWER false GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS FORM 990, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PART VI, LINE 6 THERE IS ONLY ONE CLASS OF MEMBERS. ALL MEMBERS HAVE ONE VOTE EACH. THE MEMBERS ELECT THE GOVERNING BODY AND APPROVE CERTAIN DECISIONS OF THE GOVERNING BODY. ELECTION OF THE GOVERNING BODY FORM 990, PART VI, LINE 7(A) ALL MEMBERS HAVE ONE VOTE EACH. THE MEMBERS VOTE IN ORDER TO ELECT THE MEMBERS OF THE GOVERNING BODY. DECISIONS SUBJECT TO APPROVAL FORM 990, PART VI, LINE 7(B) AS SET OUT IN THE BYLAWS OF THE ORGANIZATION, THE MEMBERS VOTE, BY BALLOT, ON WHETHER THE COMPANY CAN BE SOLD. REVIEW OF FORM 990 FORM 990, PART VI, LINE 11B VP OF FINANCE AND ACCOUNTING REVIEWS THE RETURN INITIALLY. THE GENERAL MANAGER REVIEWS THE RETURN AFTER THE INITIAL REVIEW, FOLLOWED BY THE BOARD'S REVIEW AND APPROVAL FOR MAILING. MONITORING AND ENFORCING COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12(C) ANNUALLY, THE BOARD POLICIES: A) CONFLICT OF INTEREST POLICY B) WHISTLEBLOWER POLICY AND C) DIRECTOR'S DUTIES AND STANDARDS OF CONDUCT; ARE REVIEWED AT A BOARD OF DIRECTORS MEETING. THE REVIEW IS CONDUCTED BY THE COOPERATIVE'S ATTORNEY. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, LINE 15(A) & 15(B) LINE 15(A) THE BOARD OF DIRECTORS HAS A POLICY ON THE PROCESSES OF PERFORMANCE APPRAISALS, AND DEVELOPMENT PLAN FOR THE PRESIDENT AND GENERAL MANAGER. ACCORDING TO POLICY, A FORMAL APPRAISAL TAKES PLACE IN THE FIRST QUARTER OF EVEN NUMBER YEARS. A REVIEW OF COMPENSATION OCCURS DURING THIS FORMAL PROCESS. THE LAST FORMAL APPRAISAL OCCURED THE FIRST QUARTER OF 2010. AN APPRAISAL OF THE PRESIDENT'S PERFORMANCE OCCURS INFORMALLY ON A MONTHLY BASIS AT BOARD MEETINGS. LINE 15(B) ALL NON UNION EMPLOYEES UNDER THE DIRECTION OF THE PRESIDENT ARE GIVEN ANNUAL APPRAISALS. THE PRESIDENT DIRECTLY APPRAISES THE VICE PRESIDENTS. DEPENDING ON THE APPRAISAL AND THE BOARD APPROVED WAGE AND SALARY PLAN, THE APPRAISED EMPLOYEE RECEIVED A SALARY INCREASE. UPON APPROVAL OF THE BOARD OF DIRECTORS, THE WAGE AND SALARY PLAN FOR NON UNION EMPLOYEES IS UPDATED ANNUALLY BY A WAGE AND SALARY CONSULTANT. THE WAGES AND BENEFITS OF ALL UNION EMPLOYEES UNDER THE DIRECTION OF THE PRESIDENT ARE COVERED BY A COLLECTIVE BARGAINING AGREEMENT. THE CURRENT CONTRACT WENT INTO EFFECT ON AUGUST 1, 2010 AND EXPIRES AUGUST 1, 2014. ANY CHANGES TO THE AGREEMENT ARE APPROVED BY THE BOARD OF DIRECTORS. AUDIT INFORMATION FORM 990, PART IV, LINES 12(A) AND PART XII, LINE 2B SOUTHWEST AR ELECTRIC COOPERATIVE CORPORATION'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTANT ON A FISCAL YEAR BASIS AND THE TAX RETURN IS COMPLETED ON A CALENDER YEAR BASIS. RECONCILIATION OF CHANGE IN NET ASSETS FORM 990, PAGE 12 NET ASSETS 12/31/2009: 64,217,866 NET INCOME 12/31/2010: 2,542,743 CHANGE IN PATRONAGE CAPITAL: 4,375,987 CHANGE IN MEMBERSHIPS: 2,280 OTHER MARGINS & EQUITIES: 337,167 OPERATING MARGINS - PRIOR YEAR: -2,466,989 NET ASSETS 12/31/2010: 69,009,054 SOUTHWEST ARKANSAS TELECOMMUNICATION&TEC PO BOX 1807 TEXARKANA TX 75504 710661638 TELECOMMUNICATION TX NA C CORP 1896 83028 1.00000 false false false false false false false false false false false false false false false false true false