BLUEBONNET ELECTRIC COOPERATIVE INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- BLUEBONNET ELECTRIC COOPERATIVE INC (EIN 74-0754103)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-10-31
- IRS object ID
- 201133049349301168
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-10-31T15:34:08-05:00 | 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 | BOLINGER SEGARS GILBERT AND MOSS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8215 NASHVILLE AVENUE | AddressLine1 |
| City | LUBBOCK | City |
| State | TX | State |
| ZIP Code | 79423 | 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 | 740754103 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLUEBONNET ELECTRIC COOPERATIVE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BLUE | NameControl |
| Phone | 8886222583 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 729 | AddressLine1 |
| City | BASTROP | City |
| State | TX | State |
| ZIP Code | 786020729 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ELIZABETH KANA | Name |
| Title | CFO | Title |
| Phone | 8886222583 | Phone |
| Date Signed | 2011-10-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Matt R Willis | Name |
| Phone | 8067473806 | Phone |
| Date Prepared | 2011-10-18 | 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) |
|---|---|---|
| Name Of Principal Officer Person | MARK ROSE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 729 | AddressLine1 |
| City | BASTROP | City |
| State | TX | State |
| ZIP Code | 786020729 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 193170592 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.BLUEBONNETELECTRIC.COOP | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1939 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS OF THE COOPERATIVE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 299 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 83741 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 187047552 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 192118874 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 243672 | InvestmentIncomePriorYear |
| Investment Income Current Year | -405088 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 365183 | OtherRevenuePriorYear |
| Other Revenue Current Year | 410663 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 187656407 | TotalRevenuePriorYear |
| Total Revenue Current Year | 192124449 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 202942 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 19290899 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 19633154 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 163735639 | OtherExpensePriorYear |
| Other Expenses Current Year | 163362324 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 183026538 | TotalExpensesPriorYear |
| Total Expenses Current Year | 183198420 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4629869 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 8926029 | RevenuesLessExpensesCY |
| Total Assets BOY | 368040224 | TotalAssetsBOY |
| Total Assets EOY | 382619969 | TotalAssetsEOY |
| Total Liabilities BOY | 227128301 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 235882309 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 140911923 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 146737660 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | COMMITMENT TO OUR MEMBERS TO BE THE BEST WE CAN BE AT DELIVERING RELIABLE ELECTRIC POWER AND RELATED SERVICES AT A COMPETITIVE PRICE. TO FACILIATE THIS COMMITMENT, WE WILL CONTINUE TO INVEST IN THE LATEST PROVEN TECHNOLOGIES, GOOD STEWARDSHIP OF OUR ENVIRONMENT AND THE COMMUNITIES WE SERVE, AS WELL AS IN THE HEALTH AND SAFETY OF THE PUBLIC, OUR MEMBERS AND EMPLOYEES - THE TRUE SOURCE OF ENERGY OF BLUEBONNET. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | PROVIDING ELECTRIC ENERGY TO OUR MEMBERS - 81,317 ACTIVE SERVICES AT YEAR END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 100 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 299 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Gross Income From Members | 197707381 | GrossIncomeFromMembers |
| Gross Income Other Sources | 3117242 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ELIZABETH KANA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8886222583 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 650 HWY 21 EAST | AddressLine1 |
| City | BASTROP | City |
| State | TX | State |
| ZIP Code | 78602 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (21 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| RICHARD SCHMIDT | ||||||||
| CHAIRMAN | 7.20 | X | X | 41032 | 0 | 0 | ||
| E BENNIE FLENCHER | ||||||||
| VICE-CHAIRMAN | 3.40 | X | X | 35480 | 0 | 0 | ||
| JAMES KERSHAW | ||||||||
| SECRETARY-TREASURER | 4.40 | X | X | 28752 | 0 | 0 | ||
| BYRON BALKE | ||||||||
| ASST. SECRETARY-TREASURER | 5.40 | X | X | 28829 | 0 | 0 | ||
| FRED HANNES | ||||||||
| DIRECTOR (1/1/10-5/31/10) | 1.40 | X | 14403 | 0 | 0 | |||
| GARY GERDES | ||||||||
| DIRECTOR | 4.90 | X | 36980 | 0 | 0 | |||
| KENNETH MUTSCHER | ||||||||
| DIRECTOR | 5.60 | X | 29297 | 0 | 0 | |||
| ADLINIE RATHMAN | ||||||||
| DIRECTOR | 2.10 | X | 26687 | 0 | 0 | |||
| LYLE WOLZ | ||||||||
| DIRECTOR | 3.80 | X | 22524 | 0 | 0 | |||
| ROBERT MIKESKA | ||||||||
| DIRECTOR | 4.00 | X | 36109 | 0 | 0 | |||
| MILTON SHAW | ||||||||
| DIRECTOR (5/1/10-12/31/10) | 12.60 | X | 14876 | 0 | 0 | |||
| MARK ROSE | ||||||||
| GENERAL MANAGER & CEO | 50.00 | X | 420225 | 0 | 119760 | |||
| ELIZABETH KANA | ||||||||
| CFO | 50.00 | X | 219226 | 0 | 65085 | |||
| MATT BENTKE | ||||||||
| COO | 55.00 | X | 237817 | 0 | 62368 | |||
| MICHAEL SIMMANG | ||||||||
| GENERAL COUNSEL | 40.00 | 195378 | 0 | 43089 | X | |||
| ERIC KOCIAN | ||||||||
| MGR OF ELECTRICAL OP. | 50.00 | 170613 | 0 | 39856 | X | |||
| JOHN A SANDERS | ||||||||
| MGR OF GOV AFFAIRS/ECON DE | 50.00 | 135921 | 0 | 39054 | X | |||
| THOMAS ELLIS | ||||||||
| MGR OF ENGINEERING | 50.00 | 122855 | 0 | 23734 | X | |||
| LESLIE BARRIOS | ||||||||
| MGR OF TECHNOLOGY/EMP SUPP | 50.00 | 118661 | 0 | 18344 | X | |||
| GRANT GUTIERREZ | ||||||||
| CONTROLLER | 50.00 | 130749 | 0 | 39643 | X | |||
| RACHEL ELLIS | ||||||||
| SR. ADMINISTRATIVE OFFICER | 50.00 | 105878 | 0 | 40340 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2172292 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 491273 | TotalOtherCompensation |
| Number Individuals GT100 K | 11 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ASPLUNDH TREE EXPERT CO | |||||
| 1700 SOLUTIONS CENTER | CHICAGO | IL | 60677 | RIGHT OF WAY | 4112066 |
| LINE TECH | |||||
| 402 TECHNOLOGY DRIVE | BASTROP | TX | 78602 | CONSTRUCTION | 2137775 |
| SIEMENS ENERGY INC | |||||
| DEPT CH 10075 | PALATINE | IL | 60055 | CONSULTING | 1994855 |
| CENTRAL TEXAS HIGHWAY CONSTRUCTORS | |||||
| PO BOX 1110 | LOCKHART | TX | 78644 | CONSTRUCTION | 1676067 |
| MCCOY TREE SURGERY COMPANY | |||||
| PO BOX 872119 | KANSAS CITY | MO | 64187 | RIGHT OF WAY | 1306294 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 13 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| ELECTRICITY SALES | 221000 | 189093481 | 189093481 |
| TRANS.LINE LEASE | 221000 | 1661478 | 1661478 |
| PATRONAGE DIVIDENDS | 221000 | 1363915 | 1363915 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 192118874 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 178111 | TotalRevenueColumn |
| Unrelated Business Revenue | 83741 | UnrelatedBusinessRevenue |
| Exclusion | $94,370 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5885 | TotalRevenueColumn |
| Exclusion | $5,885 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 297091 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 373 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 296718 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 296718 | TotalRevenueColumn |
| Exclusion | $296,718 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 56231 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 639430 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -583199 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -583199 | TotalRevenueColumn |
| Exclusion | -$583,199 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 386784 | GrossSalesOfInventory |
| Cost Of Goods Sold | 406340 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -19556 | TotalRevenueColumn |
| Related Or Exempt Function Income | -19556 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MISCELLANEOUS INCOME | 221000 | 94296 | 94296 |
| PURCHASE DISCOUNTS | 221000 | 33320 | 33320 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 127616 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 192124449 | TotalRevenueColumn |
| Related Or Exempt Function Income | 192226934 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 83741 | UnrelatedBusinessRevenue |
| Exclusion | -$186,226 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 202942 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1888386 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11535793 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2945995 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2305804 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 957176 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10199499 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15238796 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| PURCHASED POWER | 120196688 |
| DISTRIBUTION EXPENSE | 10271664 |
| ADMIN & GENERAL EXP | 4136611 |
| CUSTOMER SERVICE | 3199281 |
| TRANSMISSION EXPENSE | 119785 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 183198420 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4441879 | BOY |
| EOY | 3302278 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11043181 | BOY |
| EOY | 10554710 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12107365 | BOY |
| EOY | 12656258 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1625942 | BOY |
| EOY | 1560563 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4799074 | BOY |
| EOY | 4218267 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9781283 | BOY |
| EOY | 8992634 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 412600501 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 81808582 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 311570486 | BOY |
| EOY | 330791919 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9357245 | BOY |
| EOY | 9904435 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3313769 | BOY |
| EOY | 638905 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 368040224 | BOY |
| EOY | 382619969 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16533683 | BOY |
| EOY | 18558056 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 224857 | BOY |
| EOY | 244423 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 192167132 | BOY |
| EOY | 195553336 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18202629 | BOY |
| EOY | 21526494 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 227128301 | BOY |
| EOY | 235882309 | 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 | 1361025 | BOY |
| EOY | 1280565 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139550898 | BOY |
| EOY | 145457095 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140911923 | BOY |
| EOY | 146737660 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 368040224 | BOY |
| EOY | 382619969 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 8926029 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -3100292 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4602732 | OtherCostOrOtherBasis |
| Book Value | 4602732 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 23971929 | OtherCostOrOtherBasis |
| Depreciation | 3906841 | Depreciation |
| Book Value | 20065088 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 362658503 | OtherCostOrOtherBasis |
| Depreciation | 77901741 | Depreciation |
| Book Value | 284756762 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 21367337 | OtherCostOrOtherBasis |
| Book Value | 21367337 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 330791919 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (9 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| POWER COST OVER COLLECTED | $2,605,658 |
| ACCRUED PROPERTY & OTHER OPERATING TAXES | $1,869,904 |
| ACCRUED EMPLOYEE COMPENSATED ABSENCES | $1,296,957 |
| ACCRUED INTEREST | $840,772 |
| CONSUMER DEPOSITS | $3,467,783 |
| UNCLAIMED CAPITAL CREDIT RETIREMENTS | $1,943,560 |
| ACCUMULATED PROVISION FOR PENSION AND BENEFITS | $8,952,926 |
| DEFICIT INVESTMENT IN AFFILIATED COMPANY | $300,136 |
| DEFERRED CREDITS | $248,798 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 21526494 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part IV, Line 2b: | PURSUANT TO SECTION 74.3013 OF THE TEXAS PROPERTY CODE, THE COOPERATIVE HAS ESTABLISHED A RURAL SCHOLARSHIP FUND WITH RETIREMENTS OF PATRONAGE CAPITAL, WHICH HAVE REMAINED UNCLAIMED FOR A PERIOD OF THREE YEARS. THE AMOUNTS DEPOSITED INTO THE RURAL SCHOLARSHIP FUND ARE APPROVED BY THE STATE OF TEXAS AND CAN ONLY BE USED FOR SCHOLARSHIPS TO ENABLE STUDENTS FROM RURAL AREAS TO ATTEND COLLEGE, TECHNICAL SCHOOL OR OTHER POST SECONDARY EDUCATION INSTITUTION. ANY AMOUNTS SO DEPOSITED INTO THE RURAL SCHOLARSHIP FUND ARE STILL PAYABLE TO THE PERSON TO WHOM THE ORIGINAL PAYMENT WAS MADE BUT UNCLAIMED. ALSO PURSUANT TO SECTION 74.3013 OF THE TEXAS PROPERTY CODE, THE COOPERATIVE HAS ESTABLISHED AN ECONOMIC DEVELOPMENT FUND WITH RETIREMENTS OF PATRONAGE CAPITAL, WHICH HAVE REMAINED UNCLAIMED FOR A PERIOD OF THREE YEARS. THE AMOUNTS DEPOSITED INTO THE ECONOMIC DEVELOPMENT FUND ARE APPROVED BY THE STATE OF TEXAS AND CAN ONLY BE USED FOR THE STIMULATION AND IMPROVEMENT OF BUSINESS AND COMMERCIAL ACTIVITY FOR ECONOMIC DEVELOPMENT IN RURAL COMMUNITIES. ANY AMOUNTS SO DEPOSITED INTO THE ECONOMIC DEVELOPMENT FUND ARE STILL PAYABLE TO THE PERSON TO WHOM THE ORIGINAL PAYMENT WAS MADE BUT UNCLAIMED. ALSO PURSUANT TO SECTION 74.3013 OF THE TEXAS PROPERTY CODE, THE COOPERATIVE HAS ESTABLISHED AN ENERGY EFFICIENCY ASSISTANCE FUND WITH RETIREMENTS OF PATRONAGE CAPITAL, WHICH HAVE REMAINED UNCLAIMED FOR A PERIOD OF THREE YEARS. THE AMOUNTS DEPOSITED INTO THE ENERGY EFFICIENCY ASSISTANCE FUND ARE APPROVED BY THE STATE OF TEXAS AND CAN ONLY BE USED TO ASSIST MEMBERS OF AN ELECTRIC COOPERATIVE IN REDUCING THEIR ENERGY CONSUMPTION AND ELECTRICITY BILLS. ANY AMOUNTS SO DEPOSITED INTO THE ENERGY EFFICIENCY ASSISTANCE FUND ARE STILL PAYABLE TO THE PERSON TO WHOM THE ORIGINAL PAYMENT WAS MADE BUT UNCLAIMED. | |
| Part X: | ON JANUARY 1, 2009, THE COOPERATIVE ADOPTED THE "UNCERTAIN TAX POSITIONS" PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE PRIMARY TAX POSITION OF THE COOPERATIVE IS ITS FILING STATUS AS A TAX EXEMPT ENTITY. THE COOPERATIVE DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ITS TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE, AND THAT ALL TAX BENEFITS ARE LIKELY TO BE REALIZED UPON SETTLEMENT WITH TAXING AUTHORITIES. | Description of Uncertain Tax Positions Under FIN 48: |
| Part VIII THE AMOUNT OF INVESTMENTS - PROGRAM RELATED ON FORM 990, PAGE 11, PART X, LINE 13 DOES NOT EQUAL OR EXCEED 5 PERCENT OF THE TOTAL ASSETS ON FORM 990, PAGE 11, PART X, LINE 16, COLUMN B. CONSEQUENTLY IN ACCORDANCE WITH IRS INSTRUCTIONS SCHEDULE D, PART VIII HAS BEEN LEFT BLANK. Part IX THE AMOUNT OF OTHER ASSETS ON FORM 990, PAGE 11, PART X, LINE 15 DOES NOT EQUAL OR EXCEED 5 PERCENT OF THE TOTAL ASSETS ON FORM 990, PAGE 11, PART X, LINE 16, COLUMN B. CONSEQUENTLY IN ACCORDANCE WITH IRS INSTRUCTIONS SCHEDULE D, PART IX HAS BEEN LEFT BLANK. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Recipient Table RecipientTable (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|
| BASTROP CHAMBER OF COMMERCE | ||||||||
| 927 MAIN STREET | BASTROP | TX | 78602 | 740501825 | 501(C)(6) | 6755 | 0 | TO SUPPORT OPERATIONS OF THE ORGANIZATION. |
| BASTROP COUNTY MUSEUM VISITOR CENTER DONATION | ||||||||
| 702 MAIN STREET | BASTROP | TX | 78602 | 501(C)(3) | 30000 | TO SUPPORT OPERATIONS OF THE ORGANIZATION. | ||
| BASTROP INDEPENDENT SCHOOL DISTRICT | ||||||||
| 906 FARM STREET | BASTROP | TX | 78602 | 501(C)(3) | 19974 | TO SUPPORT OPERATIONS OF THE ORGANIZATION, INCLUDING PROJECT GRADUATION, HIGH SCHOOL BAND, HIGH SCHOOL HONEY BEARS, AND ATHLETICS. | ||
| MANOR CHAMBER OF COMMERCE | ||||||||
| 11250 HIGHWAY 290 E | MANOR | TX | 78653 | 501(C)(6) | 7525 | TO SUPPORT OPERATIONS OF THE ORGANIZATION AND SPONSOR THE ANNUAL MANOR CHAMBER OF COMMERCE BANQUET. | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 4 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Other Information: | Identifier |
| Return Reference | Part IV: | ReturnReference |
| Explanation | ALL GRANTS, SPONSORSHIPS AND DONATIONS ARE MADE TO NON-PROFIT AND CIVIC ORGANIZATIONS THAT ARE LOCATED IN THE COOPERATIVE'S SERVICE AREA. ALL DONATIONS ARE INTENDED TO IMPROVE THE COMMUNITIES IN WHICH OUR MEMBERS RESIDE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARK ROSE | |||||||||||||
| 391952 | 0 | 23625 | 0 | 4648 | 0 | 98548 | 0 | 21212 | 0 | 539985 | 0 | 0 | 0 |
| ELIZABETH KANA | |||||||||||||
| 215868 | 0 | 0 | 0 | 3358 | 0 | 43103 | 0 | 21982 | 0 | 284311 | 0 | 0 | 0 |
| MATT BENTKE | |||||||||||||
| 235111 | 0 | 272 | 0 | 2434 | 0 | 42445 | 0 | 19923 | 0 | 300185 | 0 | 0 | 0 |
| MICHAEL SIMMANG | |||||||||||||
| 185416 | 0 | 0 | 0 | 9962 | 0 | 14789 | 0 | 28300 | 0 | 238467 | 0 | 0 | 0 |
| ERIC KOCIAN | |||||||||||||
| 165939 | 0 | 2500 | 0 | 2174 | 0 | 20528 | 0 | 19328 | 0 | 210469 | 0 | 0 | 0 |
| JOHN A SANDERS | |||||||||||||
| 131243 | 0 | 0 | 0 | 4678 | 0 | 30540 | 0 | 8514 | 0 | 174975 | 0 | 0 | 0 |
| GRANT GUTIERREZ | |||||||||||||
| 123365 | 0 | 5148 | 0 | 2236 | 0 | 14759 | 0 | 24884 | 0 | 170392 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplemental Information | Identifier |
| Return Reference | Part III | ReturnReference |
| Explanation | Part II, Column C INCLUDED IN THIS AMOUNT IS THE INCREASE IN ACTUARIAL VALUE OF BENEFITS PAYABLE UNDER A DEFINED BENEFIT RETIREMENT PLAN. THE CONTRIBUTION RATE FOR PARTICIPANTS IN THE NRECA R&S DEFINED BENEFIT PENSION PLAN ARE THE SAME FOR ALL INDIVIDUALS IN THIS MULTI-EMPLOYER PLAN. THE CHANGE IN ACTUARIAL VALUE FOR EACH PARTICIPANT, HOWEVER, VARIES WITH AGE. IN OTHER WORDS, THE OLDER A PLAN PARTICIPANT IS, THE GREATER THE INCREASE IN THAT INDIVIDUAL'S CHANGE IN ACTUARIAL VALUE, ALL OTHER THINGS BEING EQUAL. BECAUSE THIS RELATES TO A MULTI-EMPLOYER PLAN, CASH CONTRIBUTION TO THE PLAN IN LIEU OF THE ACTUARIAL INCREASE ARE EXPENSED IN THE FINANCIAL STATEMENTS. MARK ROSE ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $91,198 401(K) EMPLOYER MATCH 7,350 TOTAL COLUMN C: 98,548 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN: (91,198) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN: 91,985 ADD: CASH CONTRIBUTION TO PENSION RESTORATION PLAN: 65,615 TOTAL COOPERATIVE CASH CONTRIBUTION $164,950 MATT BENTKE ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $35,213 401(K) EMPLOYER MATCH 7,232 TOTAL COLUMN C: 42,445 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN: (35,213) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN: 55,320 TOTAL COOPERATIVE CASH CONTRIBUTION $62,552 ELIZABETH KANA ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $36,397 401(K) EMPLOYER MATCH 6,706 TOTAL COLUMN C: 43,103 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN: (36,397) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN: 51,460 TOTAL COOPERATIVE CASH CONTRIBUTION $58,166 MICHAEL SIMMANG ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ -0- 401(K) EMPLOYER MATCH 14,789 TOTAL COLUMN C: 14,789 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN: (-0-) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN: -0- TOTAL COOPERATIVE CASH CONTRIBUTION $14,789 ERIC KOCIAN ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $15,326 401(K) EMPLOYER MATCH 5,202 TOTAL COLUMN C: 20,528 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN: (15,326) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN: 42,455 TOTAL COOPERATIVE CASH CONTRIBUTION $47,657 JOHN SANDERS ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $26,515 401(K) EMPLOYER MATCH 4,025 TOTAL COLUMN C: 30,540 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN: (26,515) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN: 28,432 TOTAL COOPERATIVE CASH CONTRIBUTION $32,457 GRANT GUTIERREZ ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $10,574 401(K) EMPLOYER MATCH 4,185 TOTAL COLUMN C: 14,759 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN: (10,574) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN: 29,589 TOTAL COOPERATIVE CASH CONTRIBUTION $33,774 | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MARY ELLEN WHITSEL | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | MARY ELLEN WHITSEL IS EMPLOYED BY THE COOPERATIVE. | Relationship |
| Amount Of Transaction | 53924 | AmountOfTransaction |
| Description Of Transaction | MARY ELLEN WHITSEL IS RELATED TO MICHAEL SIMMANG, WHO IS A KEY EMPLOYEE OF THE COOPERATIVE. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (17 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section A, line 2 | ADLINIE RATHMAN (DIRECTOR) AND JAMES KERSHAW (DIRECTOR) BOTH OWN STOCK IN FIRST NATIONAL BANK - BASTROP, AND BOTH SERVE ON FIRST NATIONAL BANK - BASTROP'S BOARD OF DIRECTORS. | |
| Form 990, Part VI, Section A, line 4 | ARTICLE III, SECTION 2 OF THE COOPERATIVE'S BYLAWS WAS AMENDED TO UPDATE THE QUALIFICATIONS OF A DIRECTOR. A DIRECTOR IS REQUIRED TO BE A LEGAL RESIDENT OF THE COUNTY THAT IS SERVED BY THE COOPERATVE BUT THE MEMBER NEED NOT BE A RESIDENT OF THE PORTION OF THE COUNTY SERVED BY THE COOPERATIVE. | |
| Form 990, Part VI, Section A, line 6 | THE COOPERATIVE WAS FORMED BY THE MEMBERS TO PROVIDE ELECTRIC SERVICE AT COST ON A COOPERATIVE BASIS. | |
| Form 990, Part VI, Section A, line 7a | THE MEMBERS OF THE COOPERATIVE VOTE ON THE BOARD OF DIRECTORS. ELECTIONS ARE DONE ON A ONE MEMBER ONE VOTE BASIS. | |
| Form 990, Part VI, Section A, line 7b | THE FOLLOWING ACTS REQUIRE APPROVAL OF THE MEMBERS OF THE COOPERATIVE. 1. DISSOLUTION/LIQUIDATION OF THE COOPERATIVE. 2. MERGER OR CONSOLIDATION OF THE COOPERATIVE WITH ANOTHER ORGANIZATION. 3. THE DISPOSAL OF A SUBSTANTIAL PORTION OF THE COOPERATIVE'S ASSETS. | |
| Form 990, Part VI, Section B, line 11 | MANAGEMENT PRESENTED A COPY OF THE FORM 990 TO THE BOARD FOR DISCUSSION, REVIEW AND APPROVAL PRIOR TO FILING. THE DISCUSSION AND REVIEW WAS PERFORMED AT THE BOARD MEETING IMMEDIATELY BEFORE FILING THE FORM 990. | |
| BOARD MEMBERS, OFFICERS, AND EMPLOYEES OF THE COOPERATIVE ARE REQUIRED TO REVIEW AND BE FAMILIAR WITH THE POLICIES OUTLINED IN THE COOPERATIVE'S CONFLICT OF INTEREST POLICY. OFFICERS, BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO DISCLOSE ANY ACTION OR SITUATION THAT MIGHT VIOLATE THE POLICY AS SOON AS POSSIBLE. OFFICERS AND BOARD MEMBERS ARE REQUIRED TO REPORT ANY ACTION OR SITUATION TO THE ENTIRE BOARD OF DIRECTORS; EMPLOYEES ARE REQUIRED TO REPORT ANY ACTION OR SITUATION TO MANAGEMENT. | Form 990, Part VI, Section B, line 12c | |
| THE BOARD OF DIRECTORS USE A COMPENSATION SURVEY AND COMPARE COMPENSATION REPORTED ON OTHER COOPERATIVE'S IRS FORM 990S WHEN DETERMINING THE COMPENSATION OF THE GENERAL MANAGER. THE SURVEY SHOWS COMPARATIVE SALARIES FOR GENERAL MANAGERS FROM COOPERATIVES LOCATED IN TEXAS AND THE NATION. INTERNAL AND /OR EXTERNAL RESOURCES ARE ALSO USED TO COMPARE ANNUAL COMPENSATION WITHIN THE INDUSTRY. THE BOARD AND GENERAL MANAGER USE THE EXPERTISE OF AN INDEPENDENT COMPENSATION CONSULTANT, A COMPENSATION SURVEY, AND COMPARE COMPENSATION REPORTED ON OTHER COOPERATIVE'S IRS FORM 990S WHEN DETERMINING THE COMPENSATION OF THE COOPERATIVE'S OTHER EMPLOYEES MEETING THE DEFINITION OF OFFICER AND KEY EMPLOYEES, IF ANY. THE SURVEY INCLUDES SALARIES FROM SIMILAR COOPERATIVES THROUGHOUT TEXAS AND THE NATION. | Form 990, Part VI, Section B, line 15 | |
| THE COOPERATIVE PROVIDES A SUMMARIZED COPY OF THE AUDITED FINANCIAL STATEMENTS TO THE MEMBERS OF THE COOPERATIVE AT THE ANNUAL MEETING. THE COOPERATIVE WILL PROVIDE A COMPLETE COPY OF THE AUDITED FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, OR GOVERNING DOCUMENTS TO ANY MEMBER WHO REQUESTS A COPY. | Form 990, Part VI, Section C, line 19 | |
| TO PROVIDE DETAIL REGARDING DIRECTOR'S COMPENSATION | THE COMPENSATION REPORTED FOR MEMBERS OF THE BOARD OF DIRECTORS INCLUDE HEALTH INSURANCE PREMIUMS PAID BY THE COOPERATIVE ON BEHALF OF THE BOARD OF DIRECTORS. | Form 990, Part VII, Column D |
| TO PROVIDE DETAIL REGARDING OFFICER'S OTHER COMPENSATION | IN ORDER TO PROVIDE RETIREMENT BENEFITS TO ITS EMPLOYEES, THE COOPERATIVE HAS ESTABLISHED A DEFINED CONTRIBUTION PLAN UNDER SECTION 401(K) OF THE INTERNAL REVENUE CODE. AS PART OF THE PLAN DOCUMENT, THE COOPERATIVE PROVIDES A MATCHING CONTRIBUTION UP TO 3% OF A PARTICIPATING EMPLOYEE'S BASE SALARY. ADDITIONALLY, THE COOPERATIVE PARTICIPATES IN A MULTI-EMPLOYER DEFINED BENEFIT PLAN. CONTRIBUTIONS TO THIS PLAN ARE BASED ON THE FULL FUNDING LIMITATION OF SUCH PLAN. EMPLOYER CONTRIBUTIONS FOR BOTH PLANS ARE AVAILABLE TO PARTICIPATING EMPLOYEES, INCLUDING OFFICERS AND KEY EMPLOYEES, MEETING THE ELIGIBILITY REQUIREMENTS OF SUCH PLANS. THE COOPERATIVE ALSO PROVIDES HEALTH INSURANCE TO ALL EMPLOYEES, INCLUDING OFFICERS AND KEY EMPLOYEES, THROUGH A QUALIFIED PLAN. THE AMOUNT REPORTED ON PART VII, COLUMN (F) FOR THE OFFICER OR KEY EMPLOYEE IS COMPRISED OF THE ACTUARIAL INCREASE IN THE DEFINED BENEFIT PLAN FOR THE OFFICER OR KEY EMPLOYEE, THE TOTAL AMOUNT CONTRIBUTED TO THE 401(K) PENSION PLAN AND THE INSURANCE PREMIUMS PAID FOR THE BENEFIT OF THE OFFICER OR KEY EMPLOYEE. IN ADDITION TO THE ABOVE PENSION PLANS, THE COOPERATIVE ALSO PROVIDES POST-RETIREMENT HEALTH INSURANCE BENEFITS THROUGH AN UNFUNDED WELFARE BENEFIT PLAN. THE VALUE OF THESE BENEFITS HAS NOT BEEN ESTIMATED. | Form 990, Part VII, Column F |
| PATRONAGE DIVIDENDS | PATRONAGE DIVIDENDS RESULT FROM THE PAYMENT OF INTEREST FROM COOPERATIVE BANKS AND THE PURCHASE OF SUPPLIES AND SERVICES FROM OTHER COOPERATIVE ORGANIZATIONS. THE EXPENSES ASSOCIATED WITH PURCHASES FROM AND PAYMENTS TO SUCH COOPERATIVE ORGANIZATIONS ARE A DIRECT COMPONENT OF COST OF THE ELECTRIC SERVICE PROVIDED BY THE COOPERATIVE TO ITS MEMBERS. | Form 990, Part VIII, Line 2 |
| ACCOUNTING SYSTEM | THE ACCOUNTING RECORDS OF THE COOPERATIVE ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS AS PRESCRIBED BY THE FEDERAL ENERGY REGULATORY COMMISSION FOR CLASS A AND B ELECTRIC UTILITIES. THE UNIFORM SYSTEM OF ACCOUNTING DOES NOT RECORD EXPENSES IN THE GENERAL EXPENSE CATEGORIES PROVIDED ON PART IX LINES 1 - 23. THE COOPERATIVE WILL BREAK OUT SALARIES AND WAGES, EMPLOYEE BENEFITS AND PAYROLL TAXES THAT ARE ALLOCATED IN ACCORDANCE WITH THEIR ACCOUNTING SYSTEM, BUT OTHER EXPENSES THAT ARE DESCRIBED IN LINES 1 - 23 WILL BE REPORTED ON LINE 24 UNDER THE EXPENSE CATEGORIES REQUIRED BY THE UNIFORM SYSTEM OF ACCOUNTS. | Form 990, Part IX |
| RECONCILIATION OF WAGES PER RETURN TO FORM W-3 | SALARIES AND WAGES ARE ALLOCATED TO ASSET, LIABILITY, AND EXPENSE ACCOUNTS BASED ON THE ACCOUNTING SYSTEM DESCRIBED ABOVE. IN AN EFFORT TO EXPLAIN WHY THE AMOUNTS REPORTED ON LINES 5-7 DO NOT AGREE TO THE W-3 THE FOLLOWING RECONCILIATION IS PROVIDED. TOTAL PER LINES 5-7 $13,424,179 LESS DIRECTORS FEES REPORTED ON 1099-MISC (314,969) LESS EMPLOYEE OFFICER & KEY EMPLOYEE BENEFITS INCLUDED IN LINE 5 (330,158) PLUS SALARIES AND WAGES ALLOCATED TO NONOPERATING MARGIN 409,563 PLUS SALARIES AND WAGES ALLOCATED TO ASSET ACCOUNTS 3,586,539 RECONCILIATION TO W-3 $16,775,154 | Form 990, Part IX, Lines 5-7 |
| BREAKDOWN OF EXPENSES INCLUDED IN ADMINISTRATIVE AND GENERAL | THE FOLLOWING IS A BREAKDOWN OF THE EXPENSES REPORTED AS ADMINISTRATIVE AND GENERAL EXPENSE ON FORM 990, PART IX, LINE 24. OUTSIDE SERVICES EMPLOYED $2,919,273 OFFICE SUPPLIES AND EXPENSE 152,760 INSURANCE EXPENSE 887,680 MAINTENANCE OF GENERAL PLANT 176,898 TOTAL ADMINISTRATIVE AND GENERAL EXPENSE PER 990 $4,136,611 | Form 990, Part IX, Line 24 |
| Changes in Net Assets or Fund Balances: | NET DECREASE IN MEMBERSHIPS -80,460. EQUITY METHOD INCOME (LOSS) FROM INVESTMENT IN SUBSIDIARY -50,047. OTHER COMPREHENSIVE INCOME(LOSS) PROVISION FOR PENSIONS AND BENEFITS -151,548. RETIREMENT OF PATRONAGE CAPITAL -2,818,237. Total to Form 990, Part XI, Line 5: -3,100,292. | Form 990, Part XI, line 5: |
| AUDIT COMMITTEE | THE BOARD OF DIRECTORS HAVE ASSIGNED MEMBERS TO AN AUDIT COMMITTEE TO OVERSEE THE FINANCIAL STATEMENT AUDIT AND SELECT THE INDEPENDENT FINANCIAL STATEMENT AUDITOR. | Form 990, Part XII, Line 2c |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLUEBONNET RURAL WATER CORPORATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 729 | AddressLine1 |
| City | BASTROP | City |
| State | TX | State |
| ZIP Code | 78602 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742532344 | EIN |
| Primary Activity | WATER DISTRIBUTION | PrimaryActivity |
| Legal Domicile State | TX | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 721144 | ShareOfTotalIncome |
| Share Of EOY Assets | 1446428 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| BLUEBONNET RURAL WATER CORPORATION - (I) INTEREST | ||
| A | 83741 | CASH |
| BLUEBONNET RURAL WATER CORP - (IV) BUILDING RENT NA LESS THAN 50000 | ||
| A | 0 | CASH |
| BLUEBONNET RURAL WATER CORPORATION | ||
| P | 350617 | CASH |
| BLUEBONNET RURAL WATER CORPORATION NA LESS THAN 50000 | ||
| N | HOURS X EMPLOYEE COMPENSATION | |