2011-05-12T10:09:11-05:00 2010-12-31 BUFFAMANTE WHIPPLE BUTTAFARO PC 201 WEST THIRD STREET JAMESTOWN NY 14701 990 2010-01-01 250397695 CENTRAL ELECTRIC COOPERATIVE INC CENT 7243992931 PO BOX 329/716 ROUTE 368 PARKER PA 16049 MATTHEW P BOSHAW 7243992931 2011-05-12 1 DAVID V DITANNA CPA 7166645104 2010 2016-02-24 21:20:13Z MATTHEW BOSHAW PO BOX 329/716 ROUTE 368 PARKER PA 16049 34664852 0 1 X WWW.CENTRAL.COOP X 1937 PA PROVISION OF ELECTRICITY DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PA 8 8 89 0 26186 0 0 0 0 0 158380 136235 16573899 16941148 16732279 17077383 0 0 0 0 341998 481294 0 0 0 13061456 13049590 13403454 13530884 3328825 3546499 89609461 92751197 61240727 64048199 28368734 28702998 X PROVISION OF ELECTRICITY DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNSYLVANIA. 0 0 PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNSYLVANIA PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNYSLVANIA 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 1 19 0 1 89 1 1 1 0 0 0 0 0 0 0 0 33596611 1068241 0 X 8 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DENNIS BEGGS 7243992931 PO BOX 329 PARKER PA 16049 ALTHEA SMITH 10.00 X 16307 0 0 ROBERT STERRETT 6.00 X 12307 0 0 BETTE WALTERS 7.00 X 13318 0 0 KENNETH D DURRETT 6.00 X 11591 0 0 RICHARD WEAVER 5.00 X 12084 0 0 JODY WEAVER 9.00 X 13035 0 0 JAMES BURD 9.00 X 11709 0 0 WILLIAM EICHNER 2.00 X 5049 0 0 MERGERY TERWILLIGER 8.00 X 11541 0 0 LARRY S ADAMS 40.00 X X 169812 0 62992 DENNIS W BEGGS 40.00 X 92697 0 35783 MATTHEW BOSHAW 40.00 X 111844 0 10328 481294 0 109103 2 0 1 0 THE DAVEY TREE EXPERT 1500 N MANTUA STREET KENT OH 44240 TREE TRIMMING 874419 ASPLUNDH TREE EXPERT CO 708 BLAIR MILL ROAD WILLOW GROVE PA 19090 TREE TRIMMING 584411 2 136235 136235 33570425 17587469 15982956 15982956 PAT CAP OF ASSOC. ORGS 221000 911402 911402 MISCELLANEOUS 221000 45322 19136 26186 EQUITY IN EARNINGS OF 221000 1468 1468 958192 17077383 16003560 26186 1047637 481294 2087874 2894915 DISTRIBUTION MAINTENANC 2918802 ADMINISTRATION AND GEN 2194598 DISTRIBUTION OPERATIONS 1552591 CONSUMER ACCOUNTS 1040136 CUSTOMER SERVICE AND IN 311047 49627 13530884 1847310 3167743 5855883 3222261 1304 533545 722308 892366 283497 241252 104788796 28520509 73000471 76268287 7898688 8425743 89609461 92751197 3746600 4133105 53437975 55892336 4056152 4022758 61240727 64048199 X 0 0 3321975 1691276 25046759 27011722 28368734 28702998 89609461 92751197 X 3546499 -3212235 X X 0 1 1 X 0 104284383 28520509 75763874 504413 504413 76268287 INVESTMENTS IN ASSOCIATED ORGANIZATIONS 8425743 C 8425743 ACCUMULATED POST RETIREMNT BENEFIT OBLIGATION 3137873 DEFERRED CREDITS 584885 ACCUMULATED PROVISION FOR STORMS 300000 4022758 17077383 13530884 3546499 -2098658 -1113577 -3212235 334264 34664852 17587469 17587469 17077383 0 17077383 31118353 17587469 17587469 13530884 0 13530884 PART XI, LINE 8 - RETIREMENT OF CAPITAL CREDITS PART XII, LINE 2D - COST OF POWER PART XIII, LINE 2D - COST OF POWER PART X, LINE 2 - THE COOPERATIVE IS EXEMPT FROM TAXES ON INCOME PURSUANT TO SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. CONSEQUENTLY, THE FINANCIAL STATEMENTS REFLECT NO PROVISION FOR TAXES ON INCOME. INCOME TAX RETURNS THAT REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES INCLUDE 2007 AND LATER YEARS. X X 0 0 0 LARRY S ADAMS 154812 0 15000 0 0 0 0 0 62992 0 232804 0 0 0 RICHARD WEAVER BOARD OF DIRECTOR 17587469 DIRECTOR IS ALSO A DIRECTOR OF ALLEGHENY ELECTRIC COOPERATIVE, WHICH IS THE WHOLESALE POWER SUPPLIER TO CENTRAL RURAL ELECTRIC COOPERATIVE. 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - MEMBERS OF RURAL ELECTRIC COOPERATIVE ARE CONSUMERS OF ELECTRICITY. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - GOVERNING BODY IS ELECTED BY MEMBERS BY BALLOT VOTE. FORM 990, PART VI, SECTION B, LINE 11 LINE 11A EXPLANATION - A COPY WILL BE INCLUDED IN THE BOARD PACKAGE FOR REVIEW PRIOR TO THE BOARD MEETING. MANGER OF ACCOUNTING & BUSINESS DEVELOPMENT WILL REVIEW AND ANSWER ANY QUESTIONS THAT THE BOARD MAY HAVE. THE BOARD WILL VOTE ON APPROVING FORM 990 FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL REVIEW AND SIGNATURE OF CONFLICT OF INTEREST POLICIES. FORM 990, PART VI, SECTION B, LINE 15 AN OUTSIDE CONSULTANT FROM NRECA PROVIDES THE BENCHMARKS FOR THE DIFFERENT TIERS OF EMPLOYEES. THESE FIGURES ARE PROVIDED TO THE BOARD. THE BOARD THEN APPROVES THE BENCHMARKS. THE BOARD APPROVES THE CEO'S SALARY, WHILE THE CEO APPROVES THE DEPARTMENT DIRECTORS' SALARIES BASED ON THE BENCHMARKS AND THE BUDGET APPROVED BY THE BOARD. THESE BENCHMARKS ARE UPDATED EVERY FEW YEARS. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE AVAILABLE AT THE MAIN OFFICE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE AT THE MAIN OFFICE UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: PRIOR PERIOD ADJUSTMENTS: -2,098,658. RETIREMENT OF CAPITAL CREDITS -1,113,577. TOTAL TO FORM 990, PART XI, LINE 5: -3,212,235. FORM 990, PART XII, LINE 2C NO CHANGES IN OVERSIGHT OR SELECTION PROCESS CENTRAL ELECTRIC SERVICES CORPORATION PO BOX 329 ROUTE 368 EAST PARKER PA 16049 251869786 SATELLITE INTERNET PA CENTRAL ELECTRIC COOPERATIVE INC C 77111 219116 1.00000 COOPERATIVE SOLUTIONS INC PO BOX 329 ROUTE 368 EAST PARKER PA 16049 251822768 BUSINESS SERVICES PA CENTRAL ELECTRIC COOPERATIVE INC C 1.00000 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 CENTRAL ELECTRIC SERVICES CORPORATION L 26186