MPD ELECTRIC COOPERATIVE INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MPD ELECTRIC COOPERATIVE INC (EIN 85-4014392)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-30
- IRS object ID
- 202343349349301314
- Schema version
- 2022v5.0
- 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 | 2023-11-30T16:21:19-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 581094351 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX ONE | AddressLine1Txt |
| City | MACON | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 312020001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 854014392 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MPD ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MPDE | BusinessNameControlTxt |
| Phone | 8434793855 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 676 HIGHWAY 9 E | AddressLine1Txt |
| City | BENNETTSVILLE | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29512 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM L FLEMING JR | PersonNm |
| Person Title | PRESIDENT (CEO) | PersonTitleTxt |
| Phone | 8434793855 | PhoneNum |
| Signature | 2023-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | WILLIAM L | PersonFirstNm |
| Person Last | FLEMING JR | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RICHARD A WHITTEN JR | PreparerPersonNm |
| PTIN | P00606339 | PTIN |
| Phone | 4787466277 | PhoneNum |
| Preparation | 2023-11-30 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | WILLIAM L FLEMING JR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 676 HIGHWAY 9 E | AddressLine1Txt |
| City | BENNETTSVILLE | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29512 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $23,307,360 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | MPD.COOP | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2020 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | PROVIDING ELECTRICITY DISTRIBUTION SERVICES TO ITS TWO SEC 501(C)(12) MEMBERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 19 | VotingMembersIndependentCnt |
| Total Employee | 114 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $17,944,836 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $23,305,384 | CYProgramServiceRevenueAmt |
| CY Investment Income | $1,976 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $17,944,836 | PYTotalRevenueAmt |
| CY Total Revenue | $23,307,360 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $733,709 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,354,210 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,360,982 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $15,590,626 | PYOtherExpensesAmt |
| CY Other Expenses | $20,212,669 | CYOtherExpensesAmt |
| PY Total Expenses | $17,944,836 | PYTotalExpensesAmt |
| CY Total Expenses | $23,307,360 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $7,678,284 | TotalAssetsBOYAmt |
| Total Assets EOY | $212,788,185 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $7,678,284 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $155,790,292 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances EOY | $56,997,893 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PROVIDING ELECTRICITY DISTRIBUTION SERVICES TO ITS TWO SEC 501(C)(12) MEMBERS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | N/A | 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 | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | 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 | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | 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 | 119 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 114 | 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 | $23,305,384 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $1,976 | 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 | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 19 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (true) | 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 |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANNIE CROWLEY | PersonNm |
| Phone | 8434542866 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 676 HWY 9 E | AddressLine1Txt |
| City | BENNETTSVILLE | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29512 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 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 |
|---|---|---|---|---|---|---|---|
| WILLIAM L FLEMING JR | |||||||
| PRESIDENT (C | 40.00 | Yes (X) | $562,381 | $0 | $241,241 | ||
| ROBERT B FLEMING | |||||||
| CHIEF OPERAT | 40.00 | $562,094 | $0 | $161,285 | Yes (X) | ||
| THOMAS H FREEMAN | |||||||
| CHIEF ADMIN | 40.00 | $317,182 | $0 | $131,495 | Yes (X) | ||
| LORI A STUCKEY | |||||||
| CHIEF CONSUM | 40.00 | $312,824 | $0 | $131,495 | Yes (X) | ||
| ROBERT T KIRK | |||||||
| VP OPERATION | 40.00 | $304,157 | $0 | $126,270 | Yes (X) | ||
| JESSICA MASON | |||||||
| VP, ACCOUNTI | 40.00 | $311,243 | $0 | $106,846 | Yes (X) | ||
| JOHN ALFORD | |||||||
| DIRECTOR | 2.00 | $13,996 | $0 | $0 | Yes (X) | ||
| JAMES A GOODSON | |||||||
| CHAIRMAN | 2.00 | Yes (X) | $13,996 | $0 | $0 | Yes (X) | |
| SAM P MCINNIS JR | |||||||
| VICE CHAIRMA | 2.00 | Yes (X) | $13,996 | $0 | $0 | Yes (X) | |
| F LASHON SELLERS | |||||||
| DIRECTOR | 2.00 | $13,996 | $0 | $0 | Yes (X) | ||
| RICKY SMITH | |||||||
| DIRECTOR | 2.00 | $13,996 | $0 | $0 | Yes (X) | ||
| LEE C WHITE | |||||||
| DIRECTOR | 2.00 | $13,996 | $0 | $0 | Yes (X) | ||
| MELVIN CARABO | |||||||
| DIRECTOR | 2.00 | $12,996 | $0 | $0 | Yes (X) | ||
| PRESTON GAINEY | |||||||
| DIRECTOR | 2.00 | $12,996 | $0 | $0 | Yes (X) | ||
| EDGAR GORDON | |||||||
| DIRECTOR | 2.00 | $12,996 | $0 | $0 | Yes (X) | ||
| JAMIE T GRANT | |||||||
| DIRECTOR | 2.00 | $12,996 | $0 | $0 | Yes (X) | ||
| DAVID HOWELL | |||||||
| DIRECTOR | 2.00 | $12,996 | $0 | $0 | Yes (X) | ||
| ROBERT NORTON | |||||||
| DIRECTOR | 2.00 | $12,996 | $0 | $0 | Yes (X) | ||
| HAMER PARNELL | |||||||
| DIRECTOR | 2.00 | $12,996 | $0 | $0 | Yes (X) | ||
| DONALD JEFF QUICK | |||||||
| DIRECTOR | 2.00 | $12,996 | $0 | $0 | Yes (X) | ||
| W RONALD QUICK | |||||||
| DIRECTOR | 2.00 | $12,996 | $0 | $0 | Yes (X) | ||
| WILLIAM F BUSTER ROGERS | |||||||
| DIRECTOR | 2.00 | $12,996 | $0 | $0 | Yes (X) | ||
| JANELLE SAULS | |||||||
| DIRECTOR | 2.00 | $12,996 | $0 | $0 | Yes (X) | ||
| DON R TEAL | |||||||
| DIRECTOR | 2.00 | $12,996 | $0 | $0 | Yes (X) | ||
| PATRICK ANN TONEY | |||||||
| SECRETARY/TR | 2.00 | Yes (X) | $12,996 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,622,805 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $898,632 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 30 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BE&K BUILDING GROUP | |||||
| 201 EAST MCBEE AVENUE STE 400 | GREENVILLE | SC | 29601 | CONSTRUCTION | $24,419,016 |
| SOUTHEASTERN LIMB & TREE | |||||
| PO BOX 1872 | RIDGELAND | SC | 29936 | TRIMMING | $1,157,754 |
| FVS LLC | |||||
| 817 PHILLIPS RD | WALTERBORO | SC | 29488 | HERBICIDE | $171,144 |
| WHEELER TRIGG ODEONNEL LLP | |||||
| PO BOX 17782 | DENVER | CO | 80217 | LEGAL SERVICES | $114,281 |
| DAVIS CONSTRUCTION | |||||
| 1230 LARRIMORE DR | MANNING | SC | 29102 | LINE REPAIR | $110,025 |
| 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 DISTRIBUTION SERVICE | Desc |
| Total Revenue Column | $23,305,384 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,305,384 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $23,305,384 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,976 | TotalRevenueColumnAmt |
| Exclusion | $1,976 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,307,360 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,305,384 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $1,976 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $733,709 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,360,982 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,845 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $264,941 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,947,900 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,619,495 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| DISTRIBUTION MAINTENANCE | $5,169,114 |
| DISTRIBUTION OPERATIONS | $3,739,211 |
| ADMIN & GENERAL EXPENSES | $2,254,785 |
| CUSTOMER SERVICE & INFO | $1,064,799 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,579 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,307,360 | 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 | $1,913,754 | BOYAmt |
| EOY | $251,555 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,043,774 | BOYAmt |
| EOY | $6,187,420 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,928 | BOYAmt |
| EOY | $4,291,837 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $173,054 | BOYAmt |
| EOY | $476,457 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $330,640,368 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $129,692,491 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $200,947,877 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,000 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,489,774 | BOYAmt |
| EOY | $631,039 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,678,284 | BOYAmt |
| EOY | $212,788,185 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,598,487 | BOYAmt |
| EOY | $9,888,912 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $141,706,293 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,079,797 | BOYAmt |
| EOY | $4,195,087 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,678,284 | BOYAmt |
| EOY | $155,790,292 | 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) |
|---|---|---|
| EOY | $56,997,893 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $56,997,893 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,678,284 | BOYAmt |
| EOY | $212,788,185 | 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 | $56,997,893 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,806,058 | OtherCostOrOtherBasisAmt |
| Book Value | $5,806,058 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $23,373,996 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,072,039 | DepreciationAmt |
| Book Value | $15,301,957 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $301,460,314 | OtherCostOrOtherBasisAmt |
| Depreciation | $121,620,452 | DepreciationAmt |
| Book Value | $179,839,862 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $200,947,877 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER CURRENT & ACCRUED LIAB | $4,170,232 |
| OTHER DEFERRED CREDITS | $24,855 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,195,087 | TotalLiabilityAmt |
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 (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| WILLIAM L FLEMING JR | |||||
| PRESIDENT (CEO) | $495,551 | $26,000 | $40,830 | $241,241 | $803,622 |
| ROBERT B FLEMING | |||||
| CHIEF OPERATING OFC | $382,058 | $154,141 | $25,895 | $161,285 | $723,379 |
| THOMAS H FREEMAN | |||||
| CHIEF ADMIN OFFICER | $270,551 | $25,350 | $21,281 | $131,495 | $448,677 |
| LORI A STUCKEY | |||||
| CHIEF CONSUMER OFC | $271,451 | $16,100 | $25,273 | $131,495 | $444,319 |
| ROBERT T KIRK | |||||
| VP OPERATIONS | $259,875 | $21,000 | $23,282 | $126,270 | $430,427 |
| JESSICA MASON | |||||
| VP, ACCOUNTING | $272,051 | $16,100 | $23,092 | $106,846 | $418,089 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 3 | LLET MANAGEMENT COMP. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE COOPERATIVE HAS MEMBERS WHO ELECT OTHER MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN THE BYLAWS. |
| FORM 990, PAGE 6, PART VI, LINE 7B | CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN THE BYLAWS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS REVIEWED IN DETAIL BY THE COOPERATIVE'S GOVERNING BODY, WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM BEFORE BEING FILED. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 15A | COMPENSATION OF THE CEO IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD. AS PART OF THE PROCESS THE BOARD UTILIZES A SALARY STUDY BY A RECOGNIZED NATIONAL ORGANIZATION. |
| FORM 990, PAGE 6, PART VI, LINE 15B | COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE CEO. |
| FORM 990, PAGE 6, PART VI, LINE 19 | MPD ELECTRIC MAKES AVAILABLE ON REQUEST ITS GOVERNING DOCUMENTS (BYLAWS), CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. |
| FORM 990, PART XI, LINE 9 | PATRONAGE CAPITAL MEC - ALLOCATED MARGIN 275,174 PATRONAGE CAPITAL - PDEC ALLOCATED MARGIN 458,535 PATRONAGE CAPITAL - MEC 19,553,714 PATRONAGE CAPITAL - PDEC 36,710,470 TOTAL 56,997,893 |
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