MEADE COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization: MEADE COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION (EIN 61-0277343)
Tax period: 2025-01-01 to 2025-12-31
Filed: 2026-05-13
IRS object ID: 202631339349302083
Schema version: 2025v4.1
Source: Download XML · Original 990 at ProPublica

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

Return header
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-05-13T08:49:27-05:00	ReturnTs
Tax Period End	2025-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	610420207	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	JONES NALE & MATTINGLY PLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	401 WEST MAIN STREET SUITE 1100	AddressLine1Txt
City	LOUISVILLE	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40202	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2025-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	610277343	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MEADE COUNTY RURAL ELECTRIC	BusinessNameLine1Txt
Business Name Line2	COOPERATIVE CORPORATION	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	MEAD	BusinessNameControlTxt
Phone	2704222162	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 489	AddressLine1Txt
City	BRANDENBURG	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40108	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KYLE HEAVRIN	PersonNm
Person Title	PRESIDENT & CEO	PersonTitleTxt
Phone	2704222162	PhoneNum
Signature	2026-05-11	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	TRAVIS C FRICK	PreparerPersonNm
PTIN	P01728213	PTIN
Phone	5025830248	PhoneNum

Field	Value	IRS element (for citing)
Tax	2025	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	KYLE HEAVRIN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 489	AddressLine1Txt
City	BRANDENBURG	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40108	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$100,553,287	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.MCRECC.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1937	FormationYr
Legal Domicile State	KY	LegalDomicileStateCd
Activity Or Mission	PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 31,806 CONSUMERS MONTHLY.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	79	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$85,829,188	PYProgramServiceRevenueAmt
CY Program Service Revenue	$99,637,333	CYProgramServiceRevenueAmt
PY Investment Income	$241,943	PYInvestmentIncomeAmt
CY Investment Income	$199,410	CYInvestmentIncomeAmt
PY Other Revenue	$567,818	PYOtherRevenueAmt
CY Other Revenue	$716,544	CYOtherRevenueAmt
PY Total Revenue	$86,638,949	PYTotalRevenueAmt
CY Total Revenue	$100,553,287	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$640,801	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	-$226,997	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$8,350,103	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$8,931,192	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$77,648,045	PYOtherExpensesAmt
CY Other Expenses	$91,849,092	CYOtherExpensesAmt
PY Total Expenses	$86,638,949	PYTotalExpensesAmt
CY Total Expenses	$100,553,287	CYTotalExpensesAmt
PY Revenues Less Expenses	$0	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$0	CYRevenuesLessExpensesAmt
Total Assets BOY	$114,152,123	TotalAssetsBOYAmt
Total Assets EOY	$119,288,934	TotalAssetsEOYAmt
Total Liabilities BOY	$72,842,613	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$78,519,631	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$41,309,510	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$40,769,303	NetAssetsOrFundBalancesEOYAmt
Mission	PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 31,806 CONSUMERS MONTHLY.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$100,553,287	ExpenseAmt
Revenue	$99,947,913	RevenueAmt
Desc	PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 31,806 CONSUMERS MONTHLY.	Desc
Total Program Service Expenses	$100,553,287	TotalProgramServiceExpensesAmt
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	42	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	79	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Members And Shr Gross Income	$99,637,333	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$593,820	OtherSourcesGrossIncomeAmt
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ANNA SWANSON CFO	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2704222162	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 489	AddressLine1Txt
City	BRANDENBURG	CityNm
State Abbreviation	KY	StateAbbreviationCd
ZIP	40108	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
GREG HARDESTY
DIRECTOR	8.00	Yes (X)	$13,832	$0	$0
DR JAMES G SILLS
VICE CHAIRMAN	8.00	Yes (X)	$10,560	$0	$0	Yes (X)
DARLA SIPES
SECRETARY/TREASURER	12.00	Yes (X)	$19,265	$0	$0	Yes (X)
DAVID T WILSON II
DIRECTOR	8.00	Yes (X)	$11,332	$0	$0
PAUL EDD BUTLER
DIRECTOR	12.00	Yes (X)	$10,565	$0	$0
CHRISTOPHER CREECH
DIRECTOR	8.00	Yes (X)	$13,082	$0	$0
STEPHEN BARR
CHAIRMAN	12.00	Yes (X)	$10,832	$0	$0	Yes (X)
MARTIN LITTREL
PRESIDENT/CEO	60.00		$378,106	$0	$61,850	Yes (X)
ANNA SWANSON
CFO	50.00		$195,651	$0	$36,170	Yes (X)
CHARLES MATTINGLY
JOURNEYMAN LINEMAN	49.00		$140,621	$0	$21,143		Yes (X)
MICHAEL FRENCH
VP OF ENGINEERING	50.00		$158,705	$0	$67,661		Yes (X)
TODD BLACKBURN
VP CORPORATE COMPLIANCE	50.00		$152,666	$0	$25,985		Yes (X)
KELLY NICHOLS
FOREMAN LINEMAN	49.00		$145,958	$0	$20,581		Yes (X)
JOHN CROSIER
DIRECTOR OF OPERATIONS	50.00		$134,542	$0	$21,630		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,395,717	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$255,020	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	28	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
THE TOWNSEND CORP
PO BOX 7015	MUNCIE	IN	47308	RIGHT OF WAY	$2,776,019
WILLIAM E GROVES CONSTRUCTION
PO BOX 1205	MADISONVILLE	KY	42431	POWER LINE CONSTRUCTION	$1,460,195
M&M ELECTRICAL CONTRACTOR
5081 HWY 431 NORTH	SPRINGFIELD	TN	37172	POWER LINE CONSTRUCTION	$622,456
PRODIGY CONSTRUCTION CORP
11106 DECIMAL DR	LOUISVILLE	KY	40299	BUILDING UPGRADES/REMODEL	$311,509
DJ WINDELL INC
3094 OLD HEINZ ROAD NE	CORYDON	IN	47112	STAKING ENGINEERING SERVICES	$109,143

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	ELECTRIC SERVICE	Desc
Business	221000	BusinessCd
Total Revenue Column	$99,637,333	TotalRevenueColumnAmt
Related Or Exempt Func Income	$99,637,333	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$99,637,333	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$199,410	TotalRevenueColumnAmt
Exclusion	$199,410	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
JOINT USE POLE ATTACHMENT	221000	$322,134	$322,134
PATRONAGE CAPITAL ALLOCAT	221000	$310,580		$310,580
SALE OF GENERAL PLANT	221000	$83,830	$83,830

Field	Value	IRS element (for citing)
Other Revenue Total	$716,544	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$100,553,287	TotalRevenueColumnAmt
Related Or Exempt Func Income	$99,947,913	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$605,374	ExclusionAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	-$226,997	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$663,226	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$6,165,765	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$803,454	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$782,391	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$516,356	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$37,921	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$33,300	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$36,968	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,083	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,210,661	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$5,469,815	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$227,053	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
PURCHASE POWER	$79,785,590
DISTRIBUTION - MAINTENA	$5,361,717
DISTRIBUTION - OPERATIO	$4,010,664
ADMINISTRATIVE AND GENE	$2,070,573

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	-$7,398,253	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$100,553,287	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,998,148	BOYAmt
EOY	$1,814,254	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$676,976	BOYAmt
EOY	$2,125,721	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$9,664,273	BOYAmt
EOY	$10,416,498	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$1,619,647	BOYAmt
EOY	$1,387,234	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$967,041	BOYAmt
EOY	$1,085,209	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$156,732,604	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$60,256,023	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$93,706,531	BOYAmt
EOY	$96,476,581	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$2,726,879	BOYAmt
EOY	$2,863,745	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$2,792,628	BOYAmt
EOY	$3,119,692	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$114,152,123	BOYAmt
EOY	$119,288,934	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$8,179,137	BOYAmt
EOY	$9,540,145	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$59,710,863	BOYAmt
EOY	$63,803,010	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$4,952,613	BOYAmt
EOY	$5,176,476	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$72,842,613	BOYAmt
EOY	$78,519,631	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$53,970	BOYAmt
EOY	$51,415	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$861,328	BOYAmt
EOY	$870,628	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$40,394,212	BOYAmt
EOY	$39,847,260	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$41,309,510	BOYAmt
EOY	$40,769,303	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$114,152,123	BOYAmt
EOY	$119,288,934	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$0	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	-$540,207	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$740,786	OtherCostOrOtherBasisAmt
Book Value	$740,786	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,744,540	OtherCostOrOtherBasisAmt
Depreciation	$2,639,141	DepreciationAmt
Book Value	$1,105,399	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$152,247,278	OtherCostOrOtherBasisAmt
Depreciation	$57,616,882	DepreciationAmt
Book Value	$94,630,396	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$96,476,581	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDesc	AmtAmt
CONSUMER DEPOSITS	$1,808,866
OTHER CURRENT AND ACCRUED LIABILITIES	$1,797,953
ACCUMULATED POSTRETIREMENT BENEFITS	$769,144
CONSUMER ADVANCES FOR CONSTRUCTION	$769,418
MISC MRSM ADJUSTMENT	$31,095

Field	Value	IRS element (for citing)
Total Liability	$5,176,476	TotalLiabilityAmt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Independent Consultant	Yes (X)	IndependentConsultantInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARTIN LITTREL
PRESIDENT/CEO	$378,106	$0	$0	$0	$0	$0	$0	$0	$61,850	$0	$439,956	$0	$0	$0
ANNA SWANSON
CFO	$195,651	$0	$0	$0	$0	$0	$0	$0	$36,170	$0	$231,821	$0	$0	$0
MICHAEL FRENCH
VP OF ENGINEERING	$158,705	$0	$0	$0	$0	$0	$0	$0	$67,661	$0	$226,366	$0	$0	$0
TODD BLACKBURN
VP CORPORATE COMPLIANCE	$152,666	$0	$0	$0	$0	$0	$0	$0	$25,985	$0	$178,651	$0	$0	$0
KELLY NICHOLS
FOREMAN LINEMAN	$145,958	$0	$0	$0	$0	$0	$0	$0	$20,581	$0	$166,539	$0	$0	$0
CHARLES MATTINGLY
JOURNEYMAN LINEMAN	$140,621	$0	$0	$0	$0	$0	$0	$0	$21,143	$0	$161,764	$0	$0	$0
JOHN CROSIER
DIRECTOR OF OPERATIONS	$134,542	$0	$0	$0	$0	$0	$0	$0	$21,630	$0	$156,172	$0	$0	$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	LINE 6 EXPLANATION - MUST BE A MEMBER TO RECEIVE ELECTRIC SERVICE. EACH MEMBER HAS 1 VOTE. MAY HAVE MORE THAN 1 SERVICE PER MEMBERSHIP.
FORM 990, PART VI, SECTION A, LINE 7A	LINE 7A EXPLANATION - NOMINATING COMMITTEE MEETS EVERY YEAR THERE IS AN ELECTION TO SELECT MEMBER TO RUN FOR DIRECTOR. MEMBER MAY RUN FOR DIRECTOR WITH PETITION SIGNED BY 100 OR MORE ELIGIBLE MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7B	LINE 7B EXPLANATION - ARTICLES OF INCORPORATION CAN ONLY BE CHANGED BY AT LEAST A 2/3 MAJORITY OF MEMBERSHIP. BYLAWS MAY BE ALTERED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11B	LINE 11B EXPLANATION - DIRECTORS ARE FURNISHED A DRAFT COPY OF THE FORM 990 PRIOR TO FILING. MAY MAKE INQUIRIES AND CHANGES TO THE INFORMATION CONTAINED IN THE FILING.
FORM 990, PART VI, SECTION B, LINE 12C	DIRECTORS AND KEY EMPLOYEES ANNUALLY COMPLETE QUESTIONNAIRE ON FAMILY AND BUSINESS RELATIONSHIPS.
FORM 990, PART VI, SECTION B, LINE 15	15A. AND B. THE BOARD RECEIVES DATA FROM BOTH LOCAL AND NATIONAL SURVEYS. THE BOARD USES THIS DATA, ALONG WITH PERFORMANCE REVIEW FOR THE CEO, TO SET COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19	BYLAWS AND ARTICLES OF INCORPORATION ARE MADE AVAILABLE TO EACH NEW MEMBER. EACH YEAR AN ANNUAL MEETING OF MEMBERS IS HELD, WITH FINANCIAL INFORMATION DISTRIBUTED AT THIS MEETING. FINANCIAL INFORMATION IS AVAILABLE ON KENTUCKY PUBLIC SERVICE COMMISSION WEBSITE.
FORM 990, PART XI, LINE 9:	COMPREHENSIVE INCOME-POSTRETIREMENT BENEFITS -47,614. MARGINS ALLOCATED TO MEMBERS -226,997. MEMBERSHIPS ISSUED -2,555. REFUNDS OF CAPITAL CREDITS -321,133. OTHER EQUITIES 58,092.
FORM 990, PART IX, LINE 4	REPRESENTS PATRONAGE CAPITAL ALLOCATED TO MEMBERS IN ACCORDANCE WITH THE COOPERATIVE'S BYLAWS. THIS REPORTING RESULTS IN A DIFFERENCE BETWEEN BOOK INCOME AND INCOME REPORTED ON THE FORM 990 BY THE SAME AMOUNT.