SOUTHEAST ELECTRIC COOPERATIVE INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SOUTHEAST ELECTRIC COOPERATIVE INC (EIN 81-0228814)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-03-14
- IRS object ID
- 202520739349301707
- Schema version
- 2024v5.0
- 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) |
|---|---|---|
| Return | 2025-03-14T14:01:37-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 541320089 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ADAMS JENKINS & CHEATHAM | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 231 WYLDEROSE DR | AddressLine1Txt |
| City | MIDLOTHIAN | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23113 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810228814 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHEAST ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOUT | BusinessNameControlTxt |
| Phone | 4067758762 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 369 | AddressLine1Txt |
| City | EKALAKA | CityNm |
| State Abbreviation | MT | StateAbbreviationCd |
| ZIP | 59324 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALBERT PAUL | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4067758762 | PhoneNum |
| Signature | 2025-04-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | G STEVEN GILLIAM CPA | PreparerPersonNm |
| PTIN | P00348264 | PTIN |
| Phone | 8043231313 | PhoneNum |
| Preparation | 2025-03-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TYE B WILLIAMS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 369 | AddressLine1Txt |
| City | EKALAKA | CityNm |
| State Abbreviation | MT | StateAbbreviationCd |
| ZIP | 59324 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $9,830,767 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.SEECOOP.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1946 | FormationYr |
| Legal Domicile State | MT | LegalDomicileStateCd |
| Activity Or Mission | THROUGH DEDICATION, COOPERATON, COMMUNITY INVOLVEMENT AND LOCAL CONTROL, WE PROVIDE SAFE, DEPENDABLE, AFFORDABLE ENERGY AND INNOVATION FOR THE BETTERMENT OF OUR MEMBERS TO IMPROVE THE QUALITY OF LIFE AND CREATE A BRIGHTER FUTURE FOR ALL | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 12 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,270,739 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,461,295 | CYProgramServiceRevenueAmt |
| PY Investment Income | $393,611 | PYInvestmentIncomeAmt |
| CY Investment Income | $363,072 | CYInvestmentIncomeAmt |
| PY Other Revenue | $7,724 | PYOtherRevenueAmt |
| CY Other Revenue | $6,400 | CYOtherRevenueAmt |
| PY Total Revenue | $8,672,074 | PYTotalRevenueAmt |
| CY Total Revenue | $9,830,767 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $57,530 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $68,555 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $1,479,122 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $1,388,753 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,722,861 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,547,654 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,412,561 | PYOtherExpensesAmt |
| CY Other Expenses | $6,718,054 | CYOtherExpensesAmt |
| PY Total Expenses | $8,672,074 | PYTotalExpensesAmt |
| CY Total Expenses | $9,723,016 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $107,751 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $24,822,687 | TotalAssetsBOYAmt |
| Total Assets EOY | $25,432,421 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $9,603,640 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,228,483 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $15,219,047 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $16,203,938 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THROUGH DEDICATION, COOPERATON, COMMUNITY INVOLVEMENT AND LOCAL CONTROL, WE PROVIDE SAFE, DEPENDABLE, AFFORDABLE ENERGY AND INNOVATION FOR THE BETTERMENT OF OUR MEMBERS TO IMPROVE THE QUALITY OF LIFE AND CREATE A BRIGHTER FUTURE FOR ALL | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | THE SALE AND DISTRIBUTION OF ELECTRICITY TO MEMBERS OF SOUTHEAST ELECTRIC COOPERATIVE. THE THREE LARGEST PROGRAM SERVICES, AS MEASURED BY EXPENSES, ARE AS FOLLOWS: COST OF POWER: 4,774,306 BENEFITS PAID TO MEMBERS: 1,388,753 SALARIES AND WAGES: 979,449 | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 48 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 12 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $9,034,372 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $789,995 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHEAST ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4067758762 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 369 | AddressLine1Txt |
| Address Line2 | 110 S MAIN STREET | AddressLine2Txt |
| City | EKALAKA | CityNm |
| State Abbreviation | MT | StateAbbreviationCd |
| ZIP | 59324 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| TYE B WILLIAMS | |||||||
| GENERAL MANA | 40.00 | Yes (X) | $133,072 | $0 | $70,393 | ||
| ADAM KUNTZ | |||||||
| LEAD LINEMAN | 40.00 | $115,162 | $0 | $62,596 | Yes (X) | ||
| JAKE HAMMEL | |||||||
| OPERATIONS M | 40.00 | $111,532 | $0 | $63,973 | Yes (X) | ||
| SAMUEL ERFMAN | |||||||
| CREW FOREMAN | 40.00 | $111,399 | $0 | $62,296 | Yes (X) | ||
| DOUGLAS GARDNER | |||||||
| DIRECTOR | 3.00 | $11,508 | $0 | $0 | Yes (X) | ||
| ALBERT PAUL | |||||||
| PRESIDENT | 4.38 | Yes (X) | $8,847 | $0 | $0 | Yes (X) | |
| MICHAEL HANSEN | |||||||
| VICE PRESIDE | 2.58 | Yes (X) | $8,672 | $0 | $0 | Yes (X) | |
| DAVE HAYDEN | |||||||
| DIRECTOR | 2.27 | $7,975 | $0 | $0 | Yes (X) | ||
| CLAYTON JARDEE | |||||||
| DIRECTOR | 1.92 | $6,829 | $0 | $0 | Yes (X) | ||
| KAREN KREITEL | |||||||
| SECRETARY/TR | 3.21 | Yes (X) | $6,457 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $521,453 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $259,258 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| EPC SERVICES INC | |||||
| 1241 S 31ST STREET WEST | BILLINGS | MT | 59102 | CONSTRUCTION | $16,267,154 |
| RED ROCK POWER INC | |||||
| PO BOX 725 | HAVRE | MT | 59501 | CONSTRUCTION | $5,336,661 |
| ELECTRICAL CONSULTANTS INC | |||||
| 3521 GABEL ROAD | BILLINGS | MT | 59102 | ENGINEERING | $1,213,632 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| SALE OF ELECTRICITY | 221000 | $9,034,372 | $9,034,372 |
| PATRONAGE ALLOCATIONS | 221000 | $361,672 | $361,672 |
| CIAC | 221000 | $65,251 | $65,251 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $9,461,295 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $363,072 | TotalRevenueColumnAmt |
| Exclusion | $363,072 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $6,400 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $6,400 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,400 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,400 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,830,767 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,467,695 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $363,072 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,148 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,407 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,388,753 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $253,753 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $979,449 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $225,450 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,002 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,000 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $335,387 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,592 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $355,079 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $805,134 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| COST OF POWER | $4,774,306 |
| TAXES | $226,624 |
| ADMINISTRATIVE | $216,614 |
| DISTRIBUTION MAINTENANCE | $189,119 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$249,801 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,723,016 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $717,042 | BOYAmt |
| EOY | $1,042,965 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,881,875 | BOYAmt |
| EOY | $100,590 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $922,851 | BOYAmt |
| EOY | $1,069,502 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $726,130 | BOYAmt |
| EOY | $537,427 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,446 | BOYAmt |
| EOY | $46,080 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $27,755,581 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $8,808,287 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,783,533 | BOYAmt |
| EOY | $18,947,294 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,710 | BOYAmt |
| EOY | $132,270 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,624,100 | BOYAmt |
| EOY | $3,556,293 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,822,687 | BOYAmt |
| EOY | $25,432,421 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $965,879 | BOYAmt |
| EOY | $578,326 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,637,761 | BOYAmt |
| EOY | $8,493,680 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $156,477 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,603,640 | BOYAmt |
| EOY | $9,228,483 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,219,047 | BOYAmt |
| EOY | $16,203,938 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,219,047 | BOYAmt |
| EOY | $16,203,938 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,822,687 | BOYAmt |
| EOY | $25,432,421 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $107,751 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $877,140 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (true) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | false | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $78,704 | OtherCostOrOtherBasisAmt |
| Book Value | $78,704 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,747,034 | OtherCostOrOtherBasisAmt |
| Depreciation | $548,378 | DepreciationAmt |
| Book Value | $1,198,656 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $24,296,627 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,980,227 | DepreciationAmt |
| Book Value | $16,316,400 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,633,216 | OtherCostOrOtherBasisAmt |
| Depreciation | $279,682 | DepreciationAmt |
| Book Value | $1,353,534 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $18,947,294 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PATRONAGE CAPITAL | $3,383,314 | C |
| CAPITAL TERM CERTIFICATES | $171,329 | C |
| MEMBERSHIP FEES | $1,650 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $3,556,293 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CAPITAL LEASE | Desc |
| Amt | $156,477 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $156,477 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $9,723,016 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $9,723,016 | RevenueSubtotalAmt |
| Other Revenues Not Included | $107,751 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $107,751 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $9,830,767 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $8,334,263 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $8,334,263 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,388,753 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,388,753 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $9,723,016 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 4, PART XI, LINE 4B | CONTRIBUTION IN AID OF CONSTRUCTION 65,251 PATRONAGE ALLOCATIONS 42,500 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | PATRONAGE ALLOCATIONS 1,388,753 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| CARTER COUNTRY TRACK & ARENA | |||||||
| PO BOX 3647 | GILLETTE | WY | 82717 | 921044576 | $9,493 | COST | UPGRADE LIGHTING |
| CARTER COUNTY FAIR BOARD | |||||||
| PO BOX 315 | EKALAKA | MT | 59324 | 816001341 | $11,655 | COST | UPGRADE LIGHTING |
| CARTER COUNTY MUSEUM | |||||||
| PO BOX 445 | EKALAKA | MT | 59324 | 816012684 | $20,000 | COST | CONSTRUCTION AID |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| YOUTH TOUR, WASHINGTON | 2 | $10,582 |
| 4-H MARKET ANIMALS | 3 | $16,825 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 4, PART IV | FormAndLineReferenceDesc |
| Explanation | 1. PAID TO MONTANA ELECTRIC COOPERATIVE 81-0229220 FOR TWO HIGH SCHOOL SUDENTS TO GO TO WASHINGTON D.C. FOR THE ANNUAL YOUTH TOUR. 2. ANNUAL 4-H LIVESTOCK SALE. THE PURCHASE OF 4-H MARKET ANIMALS IS DONE BY A BOARD MEMBER IN EACH OF THE 3 COUNTIES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| TYE B WILLIAMS | ||||
| GENERAL MANAGER | $133,072 | $37,356 | $33,037 | $203,465 |
| ADAM KUNTZ | ||||
| LEAD LINEMAN | $115,162 | $29,914 | $32,682 | $177,758 |
| JAKE HAMMEL | ||||
| OPERATIONS MANAGER | $111,532 | $31,223 | $32,750 | $175,505 |
| SAMUEL ERFMAN | ||||
| CREW FOREMAN | $111,399 | $29,914 | $32,382 | $173,695 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THROUGH DEDICATION, COOPERATON, COMMUNITY INVOLVEMENT AND LOCAL CONTROL, WE PROVIDE SAFE, DEPENDABLE, AFFORDABLE ENERGY AND INNOVATION FOR THE BETTERMENT OF OUR MEMBERS TO IMPROVE THE QUALITY OF LIFE AND CREATE A BRIGHTER FUTURE FOR ALL |
| FORM 990, PAGE 6, PART VI, LINE 2 | MIKE HANSEN CLAYTON JARDEE DIRECTOR DIRECTOR BROTHER-IN-LAW |
| FORM 990, PAGE 6, PART VI, LINE 6 | SOUTHEAST ELECTRIC COOPERATIVE, INC., HAS SINGLE, JOINT, AND ASSOCATION MEMBERSHIPS WHICH ARE EFFECTIVE UPON RECIPT OF ELECTRIC SERVICE. |
| FORM 990, PAGE 6, PART VI, LINE 7A | ALL MEMBERS ARE ELIGIBLE TO VOTE FOR OR ELECT MEMBERS TO THE BOARD OF DIRECTORS |
| FORM 990, PAGE 6, PART VI, LINE 7B | ALL MEMBERS HAVE A RIGHT TO VOTE ON AND APPROVE CHANGES PROPOSED TO THE BY-LAWS |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE COMPLETED FORM 990 WAS PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO AND AT THEIR REGULAR MONTHLY MEETING. AFTER REVEIW BY THE BOARD OF DIRECTORS, FORM 990 WAS SIGNED BY THE BOARD PRESIDENT |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. BOARD MEMBERS ARE REQUESTED TO COMPLETE AND SIGN THE CONFLICT OF INTEREST DISCLOSURE STATEMENT |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE GENERAL MANAGER GETS THE MONTANA ELECTRIC COOPERATIVE ASSN DATA ON SALARIES FOR STATE COOPERATIVE AND USED NRECA NATIONAL WAGE SURVEY. A SUMMARY IS PRESENTED TO THE BOARD WITH THE FULL SCHEDULE AVAILABLE. THE BOARD OF DIRECTORS THEN ACT ON THE COMPENSATION FOR ALL EMPLOYEES, INCLUDING THE GENERAL MANAGER |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE GENERAL MANAGER GETS THE MONTANA ELECTRIC COOPERATIVE ASSN DATA ON SALARIES FOR STATE COOPERATIVE AND USED NRECA NATIONAL WAGE SURVEY. A SUMMARY IS PRESENTED TO THE BOARD WITH THE FULL SCHEDULE AVAILABLE. THE BOARD OF DIRECTORS THEN ACT ON THE COMPENSATION FOR ALL EMPLOYEES, INCLUDING THE GENERAL MANAGER |
| FORM 990, PAGE 6, PART VI, LINE 19 | ALL GOVERNING DOCUMENTS, BY-LAWS, CONFLICT OF INTEREST POLICY, TAX DOCUMENTS AND FINANCIAL STATEMENTS ARE KEPT AT THE OFFICE OF SOUTHEAST ELECTRIC COOPERATIVE, INC. 110 S MAIN STREET, EKALAKA, MT 59324, AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST |
| FORM 990, PART XI, LINE 9 | PATRONAGE DIV ALLOCATED TO MEMB NOT EXP PER GAAP 1,388,753 NON-CASH PATRONAGE ALLOCATIONS -42,500 CIAC NOT REVENUE PER GAAP -65,251 PATRONAGE CAPITAL RETIREMENTS -403,851 OTHER -11 TOTAL 877,140 |