2021-11-12T13:36:39-06:00 2020-12-31 750767305 AXLEY & RODE LLP PO BOX 1388 LUFKIN TX 759021388 990 2020-01-01 752187855 EAST TEXAS ELECTRIC COOP EAST 9365609532 P O BOX 631623 NACOGDOCHES TX 759631623 CARRIE HAWKINS CFO 9365609532 2021-11-01 true CARRIE HAWKINS TONY L MCGOWEN PC CPA P00058493 9366346621 2021-11-01 2020 2022-09-23 18:48:47Z CARRIE HAWKINS 2905 WESTWARD DR NACOGDOCHES TX 759631623 323288587 false X WWW.ETEC.COOP X 1987 TX SALE OF WHOLESALE POWER TO ITS EIGHT MEMBERS ON A COOPERATIVE BASIS. 20 20 8 0 0 319033537 294621142 4571147 3106218 13981790 25561227 337586474 323288587 0 0 2069353 2058536 0 0 325549278 311037526 327618631 313096062 9967843 10192525 1042127187 973623271 852930728 774190032 189196459 199433239 SALE OF WHOLESALE POWER TO ITS EIGHT MEMBERS ON A COOPERATIVE BASIS. false false PROVIDES WHOLESALE POWER TO ITS ONE ELECTRIC GENERATING AND TRANSMISSION COOPERATIVE MEMBER AND SEVEN DISTRIBUTION COOPERATIVE MEMBERS. false false false false false false false false false true false false false false true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 106 0 true 8 true false false false false false 292241633 31046954 false false false X 20 20 false false false false true true true true true false false true true true true true true true true false X CARRIE HAWKINS 9365609532 2905 WESTWARD DR NACOGDOCHES TX 759631623 MICHAEL THOMAS GM/CEO 50.00 X 213164 0 143278 AJ GOFF INTERIM CEO 55.00 X 295640 0 0 JAMES A WAGNER ENGINEER 40.00 X 179544 0 92387 LAWRENCE WILLIAMS VP ENGINEERI 40.00 X 154861 0 102540 CARRIE HAWKINS CFO 40.00 X 164157 0 79975 JOHN HARGROVE CHIEF TECH O 40.00 X 25000 0 4405 WES BARRON DIRECTOR 7.00 X 16600 0 0 MARK BOYD MANAGER/DIRE 6.00 X 16600 0 0 ROBERT BOYD DIRECTOR 5.00 X 16600 0 0 PAT BROWN DIRECTOR 4.00 X 16600 0 0 KATHI CALVERT MANAGER/DIRE 4.00 X 16600 0 0 STEVE DELAUGHTER DIRECTOR 5.00 X 16600 0 0 GREG JONES PRESIDENT 6.00 X X 16600 0 0 JP DOBBS JR DIRECTOR 5.00 X 16600 0 0 KENNETH KEELING DIRECTOR 6.00 X 16600 0 0 FRANKIE B KING DIRECTOR 3.00 X 16600 0 0 RHETT REID ASST SECT/TR 8.00 X X 16600 0 0 MARK TAMPLIN MANAGER/DIRE 3.00 X 16600 0 0 ALBERT TILLER DIRECTOR 3.00 X 16600 0 0 DOUG TURK SECT/TREASUR 5.00 X X 16600 0 0 BRYAN WOOD MANAGER/DIRE 6.00 X 16600 0 0 DAN COURMIER DIRECTOR 3.00 X 16100 0 0 WILLIAM EMMONS ADVISORY DIR 4.00 X 12500 0 0 KENNON KELLUM ADVISORY DIR 1.00 X 12500 0 0 HENRY BISCAMP ADVISORY DIR 3.00 X 12000 0 0 KAY REED ADVISORY DIR 1.00 X 12000 0 0 PAUL SIMMONS ADVISORY DIR 5.00 X 12000 0 0 WILLIAM SPEIGHTS ADVISORY DIR 3.00 X 12000 0 0 TREY TEAFF MANAGER/DIRE 1.00 X 11700 0 0 PAT LINDLEY DIRECTOR 2.00 X 9600 0 0 KENNETH LANGLEY DIRECTOR 7.00 X 5200 0 0 DEBRA ROBINSON DIRECTOR 5.00 X 4400 0 0 JIMMY JONES ADVISORY DIR 2.00 X 3000 0 0 ROBERT WALKER VICE PRESIDE 4.00 X X 0 0 0 KATHY WOOD MANAGER/DIRE 4.00 X 0 0 0 1404366 422585 5 true true false HOLLAND & KNIGHT 800 17TH STREET NW SUITE 1100 WASHINGTON DC 20006 LEGAL 4823468 VOLT POWER 3100 INTERSTATE N CIR SE ATLANTA GA 30339 UTILITY SERVICE 4558048 GDS ASSOCIATES 1850 PARKWAY PLACE SUTIE 800 MARIETTA GA 30067 ENGINEER CONSUL 4502663 ETHOSENERGY POWER PLANT SERVICES 2800 NORTH LOOP WEST HOUSTON TX 77047 POWER PLANT SER 3784118 GENERAL ELECTRIC INTERNATIONAL INC 4200 WILDWOOD PARKWAY ATLANTA GA 30339 LT MAINTENANCE 2899263 5 ELECTRIC ENERGY 221000 292181250 292181250 PATRONAGE CAPITAL 221000 2439892 2439892 294621142 3106218 3106218 TRANSMISSION REVENUE 221000 14122638 14122638 OTHER INCOME 221000 7169230 7169230 SELLBACK REVENUE 221000 4208976 4208976 60383 60383 25561227 323288587 320182369 3106218 1363180 29405 338256 77491 189192 61012 193515 3755801 344420 404244 2703618 353806 70058 64593 28362879 43210200 203214 PURCHASE OF ELECTRIC POWE 95591936 TRANSMISSION 55946636 PURCHAE OF FUEL 43363990 OPERATING EXPENSES - PROD 31692248 4776368 313096062 0 0 0 7948651 15594356 78531138 10468024 46555089 49059060 20121320 19463694 163632277 158826190 1102314298 424590001 682529789 677724297 37793337 37422064 5015586 5065586 1042127187 973623271 42472529 47848601 4887119 3000429 805571080 723341002 852930728 774190032 X 189196459 199433239 189196459 199433239 1042127187 973623271 X 10192525 44255 X false true X true false 1102314298 424590001 677724297 677724297 X 323288587 323288587 323288587 313096062 313096062 313096062 SCHEDULE D, PAGE 3, PART X 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. X X X X false false false MICHAEL THOMAS GM/CEO 212823 341 130449 12829 356442 AJ GOFF INTERIM CEO 295640 295640 JAMES A WAGNER ENGINEER 179308 236 61700 30687 271931 LAWRENCE WILLIAMS VP ENGINEERING 151066 3795 72697 29843 257401 CARRIE HAWKINS CFO 163862 295 49722 30253 244132 JOHN HARGROVE CHIEF TECH OFFICER 25000 4405 29405 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