EAST TEXAS ELECTRIC COOPERATIVE INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- EAST TEXAS ELECTRIC COOPERATIVE INC (EIN 75-2187855)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-12
- IRS object ID
- 202123169349308457
- Schema version
- 2020v4.0
- 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 | 2021-11-12T13:36:39-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 750767305 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AXLEY & RODE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1388 | AddressLine1Txt |
| City | LUFKIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 759021388 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752187855 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EAST TEXAS ELECTRIC COOP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EAST | BusinessNameControlTxt |
| Phone | 9365609532 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 631623 | AddressLine1Txt |
| City | NACOGDOCHES | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 759631623 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CARRIE HAWKINS | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 9365609532 | PhoneNum |
| Signature | 2021-11-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CARRIE | PersonFirstNm |
| Person Last | HAWKINS | PersonLastNm |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TONY L MCGOWEN PC CPA | PreparerPersonNm |
| PTIN | P00058493 | PTIN |
| Phone | 9366346621 | PhoneNum |
| Preparation | 2021-11-01 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CARRIE HAWKINS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2905 WESTWARD DR | AddressLine1Txt |
| City | NACOGDOCHES | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 759631623 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $323,288,587 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.ETEC.COOP | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1987 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | SALE OF WHOLESALE POWER TO ITS EIGHT MEMBERS ON A COOPERATIVE BASIS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 20 | VotingMembersIndependentCnt |
| Total Employee | 8 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $319,033,537 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $294,621,142 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,571,147 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,106,218 | CYInvestmentIncomeAmt |
| PY Other Revenue | $13,981,790 | PYOtherRevenueAmt |
| CY Other Revenue | $25,561,227 | CYOtherRevenueAmt |
| PY Total Revenue | $337,586,474 | PYTotalRevenueAmt |
| CY Total Revenue | $323,288,587 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,069,353 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,058,536 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $325,549,278 | PYOtherExpensesAmt |
| CY Other Expenses | $311,037,526 | CYOtherExpensesAmt |
| PY Total Expenses | $327,618,631 | PYTotalExpensesAmt |
| CY Total Expenses | $313,096,062 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,967,843 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $10,192,525 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,042,127,187 | TotalAssetsBOYAmt |
| Total Assets EOY | $973,623,271 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $852,930,728 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $774,190,032 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $189,196,459 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $199,433,239 | NetAssetsOrFundBalancesEOYAmt |
| Mission | SALE OF WHOLESALE POWER TO ITS EIGHT MEMBERS ON A COOPERATIVE BASIS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | PROVIDES WHOLESALE POWER TO ITS ONE ELECTRIC GENERATING AND TRANSMISSION COOPERATIVE MEMBER AND SEVEN DISTRIBUTION COOPERATIVE MEMBERS. | 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 | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | 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 | 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 | 106 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 8 | 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 | $292,241,633 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $31,046,954 | 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 | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 20 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CARRIE HAWKINS | PersonNm |
| Phone | 9365609532 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2905 WESTWARD DR | AddressLine1Txt |
| City | NACOGDOCHES | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 759631623 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| MICHAEL THOMAS | ||||||||
| GM/CEO | 50.00 | Yes (X) | $213,164 | $0 | $143,278 | |||
| AJ GOFF | ||||||||
| INTERIM CEO | 55.00 | Yes (X) | $295,640 | $0 | $0 | |||
| JAMES A WAGNER | ||||||||
| ENGINEER | 40.00 | $179,544 | $0 | $92,387 | Yes (X) | |||
| LAWRENCE WILLIAMS | ||||||||
| VP ENGINEERI | 40.00 | Yes (X) | $154,861 | $0 | $102,540 | |||
| CARRIE HAWKINS | ||||||||
| CFO | 40.00 | Yes (X) | $164,157 | $0 | $79,975 | |||
| JOHN HARGROVE | ||||||||
| CHIEF TECH O | 40.00 | $25,000 | $0 | $4,405 | Yes (X) | |||
| WES BARRON | ||||||||
| DIRECTOR | 7.00 | $16,600 | $0 | $0 | Yes (X) | |||
| MARK BOYD | ||||||||
| MANAGER/DIRE | 6.00 | $16,600 | $0 | $0 | Yes (X) | |||
| ROBERT BOYD | ||||||||
| DIRECTOR | 5.00 | $16,600 | $0 | $0 | Yes (X) | |||
| PAT BROWN | ||||||||
| DIRECTOR | 4.00 | $16,600 | $0 | $0 | Yes (X) | |||
| KATHI CALVERT | ||||||||
| MANAGER/DIRE | 4.00 | $16,600 | $0 | $0 | Yes (X) | |||
| STEVE DELAUGHTER | ||||||||
| DIRECTOR | 5.00 | $16,600 | $0 | $0 | Yes (X) | |||
| GREG JONES | ||||||||
| PRESIDENT | 6.00 | Yes (X) | $16,600 | $0 | $0 | Yes (X) | ||
| JP DOBBS JR | ||||||||
| DIRECTOR | 5.00 | $16,600 | $0 | $0 | Yes (X) | |||
| KENNETH KEELING | ||||||||
| DIRECTOR | 6.00 | $16,600 | $0 | $0 | Yes (X) | |||
| FRANKIE B KING | ||||||||
| DIRECTOR | 3.00 | $16,600 | $0 | $0 | Yes (X) | |||
| RHETT REID | ||||||||
| ASST SECT/TR | 8.00 | Yes (X) | $16,600 | $0 | $0 | Yes (X) | ||
| MARK TAMPLIN | ||||||||
| MANAGER/DIRE | 3.00 | $16,600 | $0 | $0 | Yes (X) | |||
| ALBERT TILLER | ||||||||
| DIRECTOR | 3.00 | $16,600 | $0 | $0 | Yes (X) | |||
| DOUG TURK | ||||||||
| SECT/TREASUR | 5.00 | Yes (X) | $16,600 | $0 | $0 | Yes (X) | ||
| BRYAN WOOD | ||||||||
| MANAGER/DIRE | 6.00 | $16,600 | $0 | $0 | Yes (X) | |||
| DAN COURMIER | ||||||||
| DIRECTOR | 3.00 | $16,100 | $0 | $0 | Yes (X) | |||
| WILLIAM EMMONS | ||||||||
| ADVISORY DIR | 4.00 | $12,500 | $0 | $0 | Yes (X) | |||
| KENNON KELLUM | ||||||||
| ADVISORY DIR | 1.00 | $12,500 | $0 | $0 | Yes (X) | |||
| HENRY BISCAMP | ||||||||
| ADVISORY DIR | 3.00 | $12,000 | $0 | $0 | Yes (X) | |||
| KAY REED | ||||||||
| ADVISORY DIR | 1.00 | $12,000 | $0 | $0 | Yes (X) | |||
| PAUL SIMMONS | ||||||||
| ADVISORY DIR | 5.00 | $12,000 | $0 | $0 | Yes (X) | |||
| WILLIAM SPEIGHTS | ||||||||
| ADVISORY DIR | 3.00 | $12,000 | $0 | $0 | Yes (X) | |||
| TREY TEAFF | ||||||||
| MANAGER/DIRE | 1.00 | $11,700 | $0 | $0 | Yes (X) | |||
| PAT LINDLEY | ||||||||
| DIRECTOR | 2.00 | $9,600 | $0 | $0 | Yes (X) | |||
| KENNETH LANGLEY | ||||||||
| DIRECTOR | 7.00 | $5,200 | $0 | $0 | Yes (X) | |||
| DEBRA ROBINSON | ||||||||
| DIRECTOR | 5.00 | $4,400 | $0 | $0 | Yes (X) | |||
| JIMMY JONES | ||||||||
| ADVISORY DIR | 2.00 | $3,000 | $0 | $0 | Yes (X) | |||
| ROBERT WALKER | ||||||||
| VICE PRESIDE | 4.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| KATHY WOOD | ||||||||
| MANAGER/DIRE | 4.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,404,366 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $422,585 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | 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 |
|---|---|---|---|---|---|
| HOLLAND & KNIGHT | |||||
| 800 17TH STREET NW SUITE 1100 | WASHINGTON | DC | 20006 | LEGAL | $4,823,468 |
| VOLT POWER | |||||
| 3100 INTERSTATE N CIR SE | ATLANTA | GA | 30339 | UTILITY SERVICE | $4,558,048 |
| GDS ASSOCIATES | |||||
| 1850 PARKWAY PLACE SUTIE 800 | MARIETTA | GA | 30067 | ENGINEER CONSUL | $4,502,663 |
| ETHOSENERGY POWER PLANT SERVICES | |||||
| 2800 NORTH LOOP WEST | HOUSTON | TX | 77047 | POWER PLANT SER | $3,784,118 |
| GENERAL ELECTRIC INTERNATIONAL INC | |||||
| 4200 WILDWOOD PARKWAY | ATLANTA | GA | 30339 | LT MAINTENANCE | $2,899,263 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ELECTRIC ENERGY | 221000 | $292,181,250 | $292,181,250 |
| PATRONAGE CAPITAL | 221000 | $2,439,892 | $2,439,892 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $294,621,142 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,106,218 | TotalRevenueColumnAmt |
| Exclusion | $3,106,218 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TRANSMISSION REVENUE | 221000 | $14,122,638 | $14,122,638 |
| OTHER INCOME | 221000 | $7,169,230 | $7,169,230 |
| SELLBACK REVENUE | 221000 | $4,208,976 | $4,208,976 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $60,383 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $60,383 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $25,561,227 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $323,288,587 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $320,182,369 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $3,106,218 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,363,180 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,405 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $338,256 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,491 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $189,192 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,012 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,515 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,755,801 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $344,420 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $404,244 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,703,618 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $353,806 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,058 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,593 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,362,879 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,210,200 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,214 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PURCHASE OF ELECTRIC POWE | $95,591,936 |
| TRANSMISSION | $55,946,636 |
| PURCHAE OF FUEL | $43,363,990 |
| OPERATING EXPENSES - PROD | $31,692,248 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,776,368 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $313,096,062 | 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 | $7,948,651 | BOYAmt |
| EOY | $15,594,356 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,531,138 | BOYAmt |
| EOY | $10,468,024 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,555,089 | BOYAmt |
| EOY | $49,059,060 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,121,320 | BOYAmt |
| EOY | $19,463,694 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,632,277 | BOYAmt |
| EOY | $158,826,190 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,102,314,298 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $424,590,001 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $682,529,789 | BOYAmt |
| EOY | $677,724,297 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,793,337 | BOYAmt |
| EOY | $37,422,064 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,015,586 | BOYAmt |
| EOY | $5,065,586 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,042,127,187 | BOYAmt |
| EOY | $973,623,271 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,472,529 | BOYAmt |
| EOY | $47,848,601 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,887,119 | BOYAmt |
| EOY | $3,000,429 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $805,571,080 | BOYAmt |
| EOY | $723,341,002 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $852,930,728 | BOYAmt |
| EOY | $774,190,032 | 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 | $189,196,459 | BOYAmt |
| EOY | $199,433,239 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $189,196,459 | BOYAmt |
| EOY | $199,433,239 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,042,127,187 | BOYAmt |
| EOY | $973,623,271 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $10,192,525 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $44,255 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,102,314,298 | OtherCostOrOtherBasisAmt |
| Depreciation | $424,590,001 | DepreciationAmt |
| Book Value | $677,724,297 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $677,724,297 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $323,288,587 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $323,288,587 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $323,288,587 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $313,096,062 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $313,096,062 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $313,096,062 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 3, PART X | FormAndLineReferenceDesc |
| Explanation | FINANCIAL ACCOUNTING STANDARDS BOARD CODIFICATION SECTION 740 REQUIRES RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS. THE COOPERATIVE CURRENTLY ACCOUNTS FOR UNCERTAIN TAX POSITIONS BASED ON THE ESTIMATED LIKELIHOOD OF ASSESSMENT AND HAS NOT DETERMINED THAT ANY TAX POSISTIONS REQUIRE AN ACCRUAL BASED ON CURRENT STANDARDS OF ACCOUNTING. FOR FEDERAL INCOME TAX PURPOSES, THE TAX RETURNS ESSENTIAL REMAIN OPEN FOR POSSIBLE EXAMINATION FOR A PERIOD OF THREE YEARS AFTER THE DATE OF WHICH THOSE RETURNS ARE FILED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| 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 | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| MICHAEL THOMAS | |||||
| GM/CEO | $212,823 | $341 | $130,449 | $12,829 | $356,442 |
| AJ GOFF | |||||
| INTERIM CEO | $295,640 | $295,640 | |||
| JAMES A WAGNER | |||||
| ENGINEER | $179,308 | $236 | $61,700 | $30,687 | $271,931 |
| LAWRENCE WILLIAMS | |||||
| VP ENGINEERING | $151,066 | $3,795 | $72,697 | $29,843 | $257,401 |
| CARRIE HAWKINS | |||||
| CFO | $163,862 | $295 | $49,722 | $30,253 | $244,132 |
| JOHN HARGROVE | |||||
| CHIEF TECH OFFICER | $25,000 | $4,405 | $29,405 | ||
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | MEMBERS CONSIST OF ONE 501(C)(12) TAX EXEMPT GENERATION AND TRANSMISSION COOPERATIVE, NORTHEAST TEXAS ELECTRIC G&T, AND SEVEN TAX EXEMPT DISTRIBUTION COOPERATIVES, CHEROKEE COUNTY ELECTRIC COOPERATIVE ASSOCIATION, DEEP EAST TEXAS ELECTRIC COOPERATIVE, INC., HOUSTON COUNTY ELECTRIC COOPERATVIE, INC., JASPER-NEWTON ELECTRIC COOPERATVIE INC., RUSK COUNTY ELECTRIC COOPERATIVE, INC., SAM HOUSTION ELECTRIC COOPERATIVE, INC. AND WOOD COUNTY ELETRIC COOPERATIVE, INC. |
| FORM 990, PAGE 6, PART VI, LINE 7A | EACH DISTRIBUTION COOPERATIVE MEMBER AND EACH DISTRIBUTION COOPERATIVE MEMBER OF A G&T MEMBER SHALL BE REPRESENTED ON THE EAST TEXAS ELECTRIC COOPERATIVE, INC. BOARD OF DIRECTORS BY ONE DIRECTOR REPRESENTATIVE (HEREINAFTER "DIRECTOR/DIRECTOR") AND ONE MANAGER REPRESENTATIVE (HEREINAFTER "MANAGER/DIRECTOR"). THE RESPECTIVE MEMBERS ELECT THE GOVERNING BODY FROM INDIVIDUALS WHO HAVE BEEN SUBMITTED FOR CONSIDERATION AT THE ANNUAL MEETING. THESE REPRESENTATIVES MUST MEET CERTAIN QUALIFICATIONS FOR ELECTION TO THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 7B | THE MEMBER APPOINTED GOVERNING BODY WITH REPRESENTATION FROM EACH MEMBER COOPERATIVE HAS THE AUTHORITY TO APPROVE DECISIONS AND GOVERN THE ORGANIZATION. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS PROVIDED TO ALL DIRECTORS AND THE AUDIT COMMITTEE PRIOR TO FILING. THE AUDIT COMMITTEE INITIALLY REVIEWS THE 990 AND MAKES INQUIRIES OR PROPOSES REVISIONS AS NECESSARY. EMPLOYEES OF THE COOPERATIVE RESPONSIBLE FOR FILING MEET WITH THE AUDIT COMMITTEE AND ARE AVAILABLE TO RESPOND TO QUESTIONS OR PROVIDE BACKGROUND. ONCE THE AUDIT COMMITTEE IS SATISFIED THAT IT IS COMPLETE, THEY RECOMMEND IT FOR APPROVAL BY THE FULL BOARD. THE FULL BOARD ALSO HAS AN OPPORTUNITY TO REVIEW AND MAKE INQUIRES OF THE EMPLOYEES OF THE COOPERATIVE RESPONSIBLE FOR FILING THE FORM 990. THE BOARD THEN FORMALLY APPROVES THE FORM 990 PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ANNUALLY EACH DIRECTOR MUST COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT DISCLOSING ANY KNOW CONFLICTS OF INTEREST. THE ANNUAL CONFLICT FORMS ARE REVIEWED BY THE AUDIT COMMITTEE, AND IF ANY POTENTIAL CONFLICTS ARE NOTED, THE GOVERNING BODY IS TO BE NOTIFIED AND IS RESPONSIBLE FOR ENFORCING THE POLICY. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE ORGANIZATION USES A CONSULTING FIRM TO COMPILE BOTH SALARY INFORMATION AND CONDUCT AN ANNUAL CEO EVALUATION SURVEY. THE COMPENSATION COMMITTEE OF THE ORGANIZATION UTILIZES THIS DATA ALONG WITH OTHER INFORMATION TO MAKE A RECOMMENDATION ON COMPENSATION TO THE FULL BOARD. THE BOARD THEN FORMALLY APPROVES THE COMPENSATION PACKAGE FOR THE CEO. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE ORGANIZATION UTILIZES THE NATIONAL G&T SALARY SURVEY AND THE NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION BENEFIT AND COMPENSATION DATA AS INDUSTRY GUIDELINES. MANAGEMENT OF THE ORGANIZATION UTILIZES THIS DATA ALONG WITH OTHER INFORMATION TO SET AND APPROVE ANNUAL SALARIES. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE COOPERATIVE'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY SUBMITTING A WRITTEN REQUEST TO THE COOPERATIVE. |
| FORM 990, PART XI, LINE 9 | INCREASE IN UNREALIZED GAIN/LOSS 44,255 |
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