2011-11-04T11:53:04-05:00 2010-12-31 BRISCOE BURKE & GRIGSBY LLP 4120 EAST 51ST STREET SUITE 100 TULSA OK 741353633 990 2010-01-01 730224017 EAST CENTRAL OKLAHOMA ELECTRIC COOPERATIVE INC EAST 9187560873 PO BOX 1178 OKMULGEE OK 744471178 TIM SMITH 9187560873 2011-09-27 true SEAN B DUNAHAY CPA 9187498337 2011-09-27 2010 2016-03-07 17:11:31Z 51325788 false X WWW.ECOEC.COM X 1938 OK TO PROVIDE ELECTRICITY TO MEMBERS 7 7 89 238946 75668 0 47005179 49833633 849699 567795 480296 255693 48335174 50657121 0 0 888262 980928 0 0 45672705 47369629 46560967 48350557 1774207 2306564 124011308 134930368 72601747 80264905 51409561 54665463 X TO PROVIDE ELECTRICITY TO MEMBERS false false PROVIDED ELECTRICITY TO MEMBERS TO PROVIDE INTERNET SERVICES false false false false false false false false false true true false false true true true false false false false false false false false false false false false true false false false false false false false false false false false true true true false true 26 0 true 89 true true true false false false false 49833633 1066602 false X 7 7 false false false false true true true true true false false true true true true false true true true false OK X THE COOPERATIVE 9187560873 P O BOX 1178 OKMULGEE OK 744471178 LARRY HARVEY 6.25 X 25898 0 0 DWIGHT LUTHER 7.04 X 25659 0 0 MAX SHOEMAKE 6.42 X 25155 0 0 ED KLOECKLER 6.06 X 24504 0 0 JERRY REMPE 5.81 X 23341 0 0 JIMMY ELLER 5.85 X 23248 0 0 LOWELL HOBBS 8.62 X 21809 0 0 TIM SMITH 40.00 X 153911 0 69658 DAVID SERMONS 40.00 X 110317 0 58408 EDDIE HENNIGAN 40.00 X 106726 0 53374 BILLY MOORE 40.00 X 61640 0 37347 BRETT ORME 40.00 X 106707 0 53226 708915 272013 4 false true false 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 10 SALES OF ELECTRICITY 49833633 49833633 49833633 567795 567795 160374 160374 160374 160374 729825 668667 61158 238946 -177788 OTHER INCOME 34161 34161 34161 50657121 49833633 238946 584542 820995 159933 2808943 4035485 COST OF POWER 29546166 DISTRIBUTION 6264248 CONSUMER EXPENSE 1915891 GENERAL & ADMINISTRATIVE 1696680 TAXES 967702 134514 48350557 0 0 0 923816 1545247 350528 3071752 7288978 7418471 642101 406574 2583777 2321008 141046407 37631627 97037868 103414780 15184240 16752536 124011308 134930368 5360086 5409019 55043014 61817529 12198647 13038357 72601747 80264905 X 161480 161955 2806907 2990472 48441174 51513036 51409561 54665463 124011308 134930368 2306564 949338 X false true true X true true false false false false false false false false false false 327795 327795 140718612 37631627 103086985 103414780 EAST CENTRAL - ASSCO. PART. CAPITAL 16512290 C ECO SERVICES - NTRC PART. CAPITAL 240246 C 16752536 POST-RETIREMENT BENEFIT OBLIGATION 10281200 CUSTOMER DEPOSITS 2552937 DEFERRED CREDITS 203830 OTHER 389 ROUNDING 1 13038357 50657121 48350557 2306564 1740416 1740416 4046980 52416037 1758916 1758916 50657121 50657121 48369057 18500 18500 48350557 48350557 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 X true true X X X X X false false false TIM SMITH 153911 52984 16674 223569 DAVID SERMONS 110317 42229 16179 168725 EDDIE HENNIGAN 106726 37169 16205 160100 BRETT ORME 106707 37146 16080 159933 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 ECE FOUNDATION PO BOX 1178 OKMULGEE OK 74447 205754034 DONATIONS OK 501C3 9 ECOEC EAST CENTRAL ELECTRIC COOPERATIVE false false true false false false false false false false false false false false false false false false false ECE FOUNDATION B 171638 ACCRUAL