EAST CENTRAL OKLAHOMA ELECTRIC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: EAST CENTRAL OKLAHOMA ELECTRIC (EIN 73-0224017)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-11-04
IRS object ID: 201123089349301707
Schema version: 2010v3.4
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-11-04T11:53:04-05:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BRISCOE BURKE & GRIGSBY LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	4120 EAST 51ST STREET SUITE 100	AddressLine1
City	TULSA	City
State	OK	State
ZIP Code	741353633	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	730224017	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	EAST CENTRAL OKLAHOMA ELECTRIC	BusinessNameLine1
Business Name Line2	COOPERATIVE INC	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	EAST	NameControl
Phone	9187560873	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1178	AddressLine1
City	OKMULGEE	City
State	OK	State
ZIP Code	744471178	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	TIM SMITH	Name
Title	GENERAL MANAGER	Title
Phone	9187560873	Phone
Date Signed	2011-09-27	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	SEAN B DUNAHAY CPA	Name
Phone	9187498337	Phone
Date Prepared	2011-09-27	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	51325788	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.ECOEC.COM	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1938	YearFormation
State Legal Domicile	OK	StateLegalDomicile
Activity Or Mission Description	TO PROVIDE ELECTRICITY TO MEMBERS	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	89	TotalNbrEmployees
Total Gross UBI	238946	TotalGrossUBI
Net Unrelated Business Txbl Income	75668	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	47005179	ProgramServiceRevenuePriorYear
Program Service Revenue CY	49833633	ProgramServiceRevenueCY
Investment Income Prior Year	849699	InvestmentIncomePriorYear
Investment Income Current Year	567795	InvestmentIncomeCurrentYear
Other Revenue Prior Year	480296	OtherRevenuePriorYear
Other Revenue Current Year	255693	OtherRevenueCurrentYear
Total Revenue Prior Year	48335174	TotalRevenuePriorYear
Total Revenue Current Year	50657121	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	888262	SalariesEtcPriorYear
Salaries Etc Current Year	980928	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	45672705	OtherExpensePriorYear
Other Expenses Current Year	47369629	OtherExpensesCurrentYear
Total Expenses Prior Year	46560967	TotalExpensesPriorYear
Total Expenses Current Year	48350557	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	1774207	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	2306564	RevenuesLessExpensesCY
Total Assets BOY	124011308	TotalAssetsBOY
Total Assets EOY	134930368	TotalAssetsEOY
Total Liabilities BOY	72601747	TotalLiabilitiesBOY
Total Liabilities EOY	80264905	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	51409561	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	54665463	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	TO PROVIDE ELECTRICITY TO MEMBERS	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	PROVIDED ELECTRICITY TO MEMBERS	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Description	TO PROVIDE INTERNET SERVICES	Description

Field	Value	IRS element (for citing)
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	true	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	true	RelatedOrgControlledEntity
Transaction Related Entity	true	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	26	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	89	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Gross Income From Members	49833633	GrossIncomeFromMembers
Gross Income Other Sources	1066602	GrossIncomeOtherSources
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	true	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	OK	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	THE COOPERATIVE	NamePerson
Telephone Number	9187560873	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	P O BOX 1178	AddressLine1
City	OKMULGEE	City
State	OK	State
ZIP Code	744471178	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee
LARRY HARVEY
TRUSTEE	6.25	X	25898	0	0
DWIGHT LUTHER
SEC-TREAS	7.04	X	25659	0	0
MAX SHOEMAKE
TRUSTEE	6.42	X	25155	0	0
ED KLOECKLER
TRUSTEE	6.06	X	24504	0	0
JERRY REMPE
TRUSTEE	5.81	X	23341	0	0
JIMMY ELLER
PRESIDENT	5.85	X	23248	0	0
LOWELL HOBBS
VICE PRESIDE	8.62	X	21809	0	0
TIM SMITH
GEN MANAGER	40.00		153911	0	69658	X
DAVID SERMONS
DIR OF OPERA	40.00		110317	0	58408	X
EDDIE HENNIGAN
DIR OF OFFIC	40.00		106726	0	53374	X
BILLY MOORE
DIR OF MR-PR	40.00		61640	0	37347	X
BRETT ORME
SUPERV. OF E	40.00		106707	0	53226		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	708915	TotalReportableCompFromOrg
Total Other Compensation	272013	TotalOtherCompensation
Number Individuals GT100 K	4	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
CNCS INC
PO BOX 26706	OKLAHOMA CITY	OK	73126	BLDG CONTRACTOR	2701918
RIGGS TREE SERVICE
PO BOX 310	OOLOGAH	OK	74053	ROW CLEARING	2316497
GORDON CONSTRUCTION COMPANY
905 W MAIN ST	STIGLER	OK	74462	LINE CONST.	1842241
C K PARKER
PO BOX 103	MORRIS	OK	74445	LINE CONST.	414059
SCOTT WALLICK DBA PULLING UNITS
PO BOX 267	OKMULGEE	OK	74447	UG CONST.	177637

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	10	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	SALES OF ELECTRICITY	Description
Total Revenue Column	49833633	TotalRevenueColumn
Related Or Exempt Function Income	49833633	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	49833633	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	567795	TotalRevenueColumn
Exclusion	$567,795	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	160374	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	160374	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	160374	TotalRevenueColumn
Exclusion	$160,374	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	729825	GrossSalesOfInventory
Cost Of Goods Sold	668667	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	61158	TotalRevenueColumn
Unrelated Business Revenue	238946	UnrelatedBusinessRevenue
Exclusion	-$177,788	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	OTHER INCOME	Description
Total Revenue Column	34161	TotalRevenueColumn
Exclusion	$34,161	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	34161	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	50657121	TotalRevenueColumn
Related Or Exempt Function Income	49833633	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	238946	UnrelatedBusinessRevenue
Exclusion	$584,542	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	820995	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	159933	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	2808943	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	4035485	Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal
COST OF POWER	29546166
DISTRIBUTION	6264248
CONSUMER EXPENSE	1915891
GENERAL & ADMINISTRATIVE	1696680
TAXES	967702

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	134514	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	48350557	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	923816	BOY
EOY	1545247	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	350528	BOY
EOY	3071752	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	7288978	BOY
EOY	7418471	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	642101	BOY
EOY	406574	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	2583777	BOY
EOY	2321008	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	141046407	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	37631627	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	97037868	BOY
EOY	103414780	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	15184240	BOY
EOY	16752536	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	124011308	BOY
EOY	134930368	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	5360086	BOY
EOY	5409019	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	55043014	BOY
EOY	61817529	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	12198647	BOY
EOY	13038357	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	72601747	BOY
EOY	80264905	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

Field	Value	IRS element (for citing)
BOY	161480	BOY
EOY	161955	EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	2806907	BOY
EOY	2990472	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	48441174	BOY
EOY	51513036	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	51409561	BOY
EOY	54665463	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	124011308	BOY
EOY	134930368	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	2306564	ReconcilationRevenueExpenses
Reconcilation Other Changes	949338	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	327795	OtherCostOrOtherBasis
Book Value	327795	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	140718612	OtherCostOrOtherBasis
Depreciation	37631627	Depreciation
Book Value	103086985	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	103414780	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
EAST CENTRAL - ASSCO. PART. CAPITAL	16512290	C
ECO SERVICES - NTRC PART. CAPITAL	240246	C

Field	Value	IRS element (for citing)
Total Of Book Value Securities	16752536	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (5 entries)

DescriptionDescription	AmountAmount
POST-RETIREMENT BENEFIT OBLIGATION	$10,281,200
CUSTOMER DEPOSITS	$2,552,937
DEFERRED CREDITS	$203,830
OTHER	$389
ROUNDING	$1

Field	Value	IRS element (for citing)
Total Of Amounts	13038357	TotalOfAmounts
Total Revenue	50657121	TotalRevenue
Total Expenses	48350557	TotalExpenses
Excess Or Deficit For Year	2306564	ExcessOrDeficitForYear
Other	$1,740,416	OtherAmount
Total Adjustments	1740416	TotalAdjustments
Excess Or Deficit Per FS	4046980	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	52416037	TotRevenueEtcAuditedFinclStmt
Other Revenues	1758916	OtherRevenues
Revenue Not Rptd F990	1758916	RevenueNotRptdF990
Revenue Subtotal	50657121	RevenueSubtotal
Total Revenue Per Form990	50657121	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	48369057	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	18500	OtherExpensesIncluded
Expenses Not Rptd F990	18500	ExpensesNotRptdF990
Expenses Subtotal	48350557	ExpensesSubtotal
Total Expenses Per Form990	48350557	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
LIABILITY UNDER FIN 48 FOOTNOTE	SCHEDULE D, PAGE 3, PART X	IN JUNE 2006, THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ISSUED INTERPRETATION NO. 48 ("FIN 48"), ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. FIN 48 PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS IN ACCORDANCE WITH STATEMENT OF FINANCIAL ACCOUNTING STANDARDS (740-10-25, ACCOUNTING FOR INCOME TAXES. FIN 48 REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. IF THE TAX POSITION MEETS THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE TAX EFFECT IS RECOGNIZED AT THE LARGEST AMOUNT OF THE BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. ANY DIFFERENCE BETWEEN THE TAX POSITION TAKEN IN THE TAX RETURN AND THE TAX POSITION RECOGNIZED IN THE FINANCIAL STATEMENTS USING THE CRITERIA ABOVE RESULTS IN THE RECOGNITION OF A LIABILITY IN THE FINANCIAL STATEMENTS FOR THE UNRECOGNIZED BENEFIT. SIMILARLY, IF A TAX POSITION FAILS TO MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT TAKEN IN THE TAX RETURN WILL ALSO RESULT IN THE RECOGNITION OF A LIABILITY IN THE FINANCIAL STATEMENTS FOR THE FULL AMOUNT OF THE UNRECOGNIZED BENEFIT. FIN 48 BECAME EFFECTIVE JANUARY 1, 2007 FOR PUBLIC COMPANIES AND NONPUBLIC COMPANIES THAT ARE CONSOLIDATED WITH PUBLIC COMPANIES. ON DECEMBER 30, 2008, THE FASB ISSUED FASB STAFF POSITION (FSP) FIN 48-3, EFFECTIVE DATE OF FASB INTERPRETATION NO. 48 FOR CERTAIN NONPUBLIC ENTERPRISES, WHICH ALLOWS DEFERRAL OF FIN 48 FOR CERTAIN NONPUBLIC ENTERPRISES INCLUDED WITHIN THIS FSP'S SCOPE TO THE ANNUAL FINANCIAL STATEMENTS FOR FISCAL YEARS BEGINNING AFTER DECEMBER 15, 2008. THE COOPERATIVE ON HAS ELECTED TO DEFER IMPLEMENTATION OF FIN 48 TO ITS FIRST ANNUAL FINANCIAL STATEMENTS ENDING ON DECEMBER 31, 2009. THE ADOPTION OF FIN 48 DID NOT HAVE A MATERIAL EFFECT ON ITS FINANCIAL POSITION, RESULTS OF OPERATIONS OR CASH FLOWS. THE DETERMINATION OF UNCERTAIN TAX POSITIONS FOR FINANCIAL STATEMENTS PRIOR TO THE IMPLEMENTATION OF FIN 48 USES THE TAX JUDGMENTS REPORTED ON THE COOPERATIVE'S TAX RETURNS WHICH WERE BASED ON THE REQUIREMENTS FOR FILING TAX RETURNS UNDER THE VARIOUS TAXING AUTHORITY'S REQUIREMENTS FOR THE APPLICABLE FISCAL PERIOD. THESE FILINGS MAY BE SUBJECT TO AMENDMENT OR CHANGE DURING AN EXAMINATION BY THE VARIOUS TAXING AUTHORITIES, WHICH HAS NOT BEEN CONSIDERED IN THE DETERMINATION OF THE COOPERATIVE'S TAX ASSETS OR LIABILITIES INCLUDED IN THOSE CONSOLIDATED FINANCIAL STATEMENTS. THE TECHNICAL MERITS OF THE COOPERATIVE'S TAX POSITIONS ARE DERIVED FROM SOURCES OF AUTHORITIES IN THE TAX LAW (LEGISLATION AND STATUTES, LEGISLATIVE INTENT, REGULATIONS, RULINGS, AND CASE LAW) AND THEIR APPLICABILITY TO THE FACTS AND CIRCUMSTANCES OF THE TAX POSITIONS. MANAGEMENT HAS CONSIDERED WHETHER THE COOPERATIVE HAS ANY UNCERTAIN TAX POSITIONS, EMBEDDED OR OTHERWISE, THAT WOULD MATERIALLY IMPACT THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES NO SUCH MATERIAL UNCERTAINTIES EXIST, THEREFORE, NO PROVISION IS PROVIDED. THE COOPERATIVE HAS TAX RETURNS FOR TAX YEARS 2003-2008 IN VARIOUS JURISDICTIONS THAT REMAIN SUBJECT TO EXAMINATION.
RECONCILIATION OF CHANGES - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 8	ACCRUAL BASIS CAPITAL CREDITS - COOP ONLY 1,452,438 ACCRUAL BASIS CAPITAL CREDITS - SERVICES ONLY 115,858 EQUITY INCOME IN SUB. 190,620 FEDERAL INCOME TAXES -18,500
REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 2D	ACCRUAL BASIS CAPITAL CREDITS - COOP ONLY 1,452,438 ACCRUAL BASIS CAPITAL CREDITS - SERVICES ONLY 115,858 EQUITY INCOME IN SUB. 190,620
EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XIII, LINE 2D	FEDERAL INCOME TAXES 18,500

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	X	TravelForCompanions
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
TIM SMITH
153911	52984	16674	223569
DAVID SERMONS
110317	42229	16179	168725
EDDIE HENNIGAN
106726	37169	16205	160100
BRETT ORME
106707	37146	16080	159933

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ALL OTHER ACHIEVEMENTS DESCRIPTION	FORM 990, PAGE 2, PART III, LINE 4D	TO PROVIDE INTERNET SERVICES
CLASSES OF MEMBERS OR STOCKHOLDERS	FORM 990, PAGE 6, PART VI, LINE 6	MEMBERS
ELECTION OF MEMBERS AND THEIR RIGHTS	FORM 990, PAGE 6, PART VI, LINE 7A	YES
DECISIONS SUBJECT TO APPROVAL OF MEMBERS	FORM 990, PAGE 6, PART VI, LINE 7B	YES
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE FORM 990 IS REVIEWED BY THE BOARD MEMBERS PRIOR TO ITS FILING.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	THE ORGANIZATION PERIODICALLY REVIEWS ITS CONFLICT OF INTERESTS POLICY WITH EMPLOYEES AND THE BOARD OF DIRECTORS.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	THE ORGANIZATION UTILIZES INDUSTRY INFORMATION, COMPENSATIONS STUDIES AND A COMPENSATION COMMITTEE TO DETERMINE COMPENSATION.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	THE ORGANIZATION UTILIZES INDUSTRY INFORMATION, COMPENSATIONS STUDIES AND A COMPENSATION COMMITTEE TO DETERMINE COMPENSATION.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	UPON REQUEST

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

Field	Value	IRS element (for citing)
Business Name Line1	ECE FOUNDATION	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1178	AddressLine1
City	OKMULGEE	City
State	OK	State
ZIP Code	74447	ZIPCode

Field	Value	IRS element (for citing)
EIN	205754034	EIN
Primary Activities	DONATIONS	PrimaryActivities
Legal Domicile State	OK	LegalDomicileState
Exempt Code Section	501C3	ExemptCodeSection
Public Charity Status	9	PublicCharityStatus

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	ECOEC	BusinessNameLine1
Business Name Line2	EAST CENTRAL ELECTRIC COOPERATIVE	BusinessNameLine2

Field	Value	IRS element (for citing)
Controlled Org	false	ControlledOrg

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	true	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	false	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	false	SharingOfFacilities
Sharing Of Paid Employees	false	SharingOfPaidEmployees
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	false	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable

Name Of Other Organization NameOfOtherOrganization

Field	Value	IRS element (for citing)
Business Name Line1	ECE FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Transaction Type	B	TransactionType
Amount Involved	171638	AmountInvolved
Method Of Amt Determination	ACCRUAL	MethodOfAmtDetermination