2021-09-20T09:06:18-05:00 2020-12-31 590548468 PURVIS GRAY & COMPANY LLP 443 EAST COLLEGE AVENUE TALLAHASSEE FL 32301 990 2020-01-01 590192831 CHOCTAWHATCHEE ELECTRIC COOPERATIVE INC CHOC 8508922111 PO BOX 512 DEFUNIAK SPRINGS FL 324350512 STEPHEN RHODES CEO 8508922111 2021-08-17 true STEPHEN RHODES 999009999 RYAN M TUCKER CPA P00524189 8502247144 2021-08-17 2020 2022-09-23 18:48:47Z STEPHEN RHODES PO BOX 512 DEFUNIAK SPRINGS FL 324350512 115831475 false X WWW.CHELCO.COM X 1941 FL TO PROVIDE ELECTRIC SERVICE TO MEMBERS IN PARTS OF HOLMES, OKALOOSA, SANTA ROSA AND WALTON COUNTIES. 9 9 170 0 0 118370105 115606538 274325 224937 0 118644430 115831475 17837 49215 3566261 3934972 1704976 1907756 0 0 106809326 106125572 112098400 112017515 6546030 3813960 313285798 334468850 209722826 227317544 103562972 107151306 TO PROVIDE ELECTRIC SERVICE TO MEMBERS IN PARTS OF HOLMES, OKALOOSA, SANTA ROSA AND WALTON COUNTIES. false false TO PROVIDE ELECTRIC SERVICE TO MEMBERS IN PARTS OF HOLMES, OKALOOSA, SANTA ROSA AND WALTON COUNTIES IN NORTHWEST FLORIDA. false false false false false false false false false true false true false true true false true false false false false false false false false false true true true false false false false false false false false false false false true true true false true 54 0 170 true false false false false false 109929168 5306158 false false false X 9 9 false false false false true true true true true false false true true true true true true true true true true X X CHOCTAWHATCHEE ELECTRIC COOPERATIVE 8508922111 1350 BALDWIN AVENUE DEFUNIAK SPRINGS FL 32435 STEPHEN RHODES CEO 55.00 5.00 X 366240 0 273984 JONATHAN AVERY SENIOR VP OF 50.00 X 184431 0 85688 EMILY COWAN VP OF MBR. S 50.00 X 142730 0 94930 F SCOTT SEAY VP OF ADMINI 45.00 X 163343 0 62018 MICHAEL KAPOTSKY DIRECTOR OF 50.00 X 133894 0 58515 GEORGE PAUL SR. LINEMAN 50.00 X 131491 0 56944 ROBIN C SHAW VP OF FINANC 50.00 4.00 X 133478 0 35627 BRADY BEARDEN ASST. SEC./T 5.80 X X 20800 2003 0 TERRY PILCHER DIRECTOR 5.80 0.00 X 19700 0 0 BERT PRUTZMAN DIRECTOR 6.00 1.00 X 16400 2043 0 GAYLE HUGHES SECRETARY/TR 4.00 0.10 X X 17000 0 0 GERALD EDMONDSON PRESIDENT 7.40 0.10 X X 14650 2035 0 RONALD JONES DIRECTOR 2.50 0.00 X 12800 2017 0 LEE PERRY DIRECTOR 3.00 X 12000 0 0 JAMES BISHOP VICE PRESIDE 5.10 5.20 X X 11500 0 0 BURT COSSON DIRECTOR 1.10 0.00 X 10100 0 0 1390557 8098 667706 18 false true false SOUTHLAND UTILITY SERVICES INC PO BOX 512 DEFUNIAK SPRINGS FL 324350512 ROW/UG INSTALL 4944069 VOLT POWER LLC 3100 INTERSTATE NORTH CIRCLE SUITE 300 ATLANTA GA 30339 INSTALLATION 2236528 BAKER ENGINEERS LLC PO BOX 522 DEFUNIAK SPRINGS FL 32435 ENGINEERING 616214 LORD & SON CONSTRUCTION INC PO BOX 1808 FORT WALTON BEACH FL 32549 CONSTRUCTION 581304 EMERALD TRANSFORMSER INC 4509 STATE HWY 83 DEFUNIAK SPRINGS FL 32433 MAINTENANCE 197412 9 SALE OF ELECTRICITY 221000 99792036 99792036 EGLIN CONTRACT REVENUES 221000 10137131 10137131 OTHER REVENUES 221000 3091831 3091831 CAPITAL CREDITS 532000 1989390 1989390 POLE RENTAL 221000 596150 596150 115606538 127937 127937 97000 97000 97000 97000 115831475 111918557 3912918 43215 6000 3934972 927852 883679 13676 82549 6388384 11612652 COST OF POWER 67046065 MAINTENANCE 9011146 ADMINISTRATION 5948331 CONSUMER ACCOUNTS 3512815 2606179 112017515 0 0 0 2464223 1521906 6172302 13203454 11858904 12975383 7513662 9391493 852771 140714 355600393 103821499 240824044 251778894 43606863 45338983 320 320 -7291 117703 313285798 334468850 17046108 20061497 8263249 179289843 190954050 13386875 8038748 209722826 227317544 X 226415 237110 103336557 106914196 103562972 107151306 313285798 334468850 X 3813960 -225626 X false true X true false 838493 838493 10726469 2601919 8124550 99652227 5803588 93848639 244383204 95415992 148967212 251778894 INVESTMENT IN ASSOCIATED ORG.'S 44964232 C RESTRICTED INVESTMENTS 374751 F 45338983 CUSTOMER DEPOSITS 3826872 CONSUMER/CUSTOMER ADVANCES 2142693 DEFERRED COMPENSATION/PENSIONS 1347560 DUE TO SUS 317097 DEFERRED CREDITS 242247 UNAMORTIZED GAIN ON REACQUIRED DEBT 162279 8038748 X 115831475 115831475 115831475 108574054 108574054 3443461 3443461 112017515 SCHEDULE D, PAGE 3, PART X ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE COMPANIES AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE COMPANIES HAVE TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AGENCIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE COMPANIES AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COMPANIES ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE COMPANIES ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2017. SCHEDULE D, PAGE 4, PART XII, LINE 4B RETIREMENT OF CAPITAL CREDITS 3,434,972 MEMBERS HELPING MEMBERS 8,489 true WALTON OKALOOSA COUNCIL ON AGING 1154 BALDWIN AVE DEFUNIAK SPRINGS FL 32435 591145224 501C3 8489 SEE PART IV 1 SCHOLARSHIP 6 6000 SCHEDULE I, PAGE 1, PART I, LINE 2 THE COOPERATIVE'S ANNUAL COLLEGE SCHOLARSHIP PROGRAM IS DESIGNED TO HELP MEMBERS OR THEIR DEPENDENTS WITH COLLEGE EXPENSES. IN ORDER TO BE ELIGIBLE FOR THE AWARD, APPLICANTS MUST BE A CHELCO MEMBER, SPOUSE OF A MEMBER, OR THE DEPENDENT OF A MEMBER AND HAVE A GPA OF AT LEAST 2.50. APPLICANTS MAY BE EITHER GRADUATING HIGH SCHOOL SENIORS OR STUDENTS CURRENTLY ATTENDING A COLLEGE OR UNIVERSITY. THE CHELCO SCHOLARSHIP WINNERS ARE SELECTED AT THE ANNUAL MEETING. SCHEDULE I, PAGE 4, PART IV SCHEDULE I, PART II, LINE 1(A)(1) - AS PART OF THE MEMBERS HELPING MEMBERS PROGRAM, THE COOPERATIVE SERVES AS A PASS THROUGH AGENT, ALLOWING MEMBERS TO PROVIDE FINANCIAL ASSISTANCE TO THE WALTON OKALOOSA COUNCIL ON AGING FOR UTILITY RELATED SUBSIDIES TO OTHER MEMBERS. AS PART OF THE OPERATION ROUND UP PROGRAM, THE COOPERATIVE SERVES AS A PASS THROUGH AGENT TO BENEFIT ORGANIZATIONS IN THE SERVICE TERRITORY. MEMBERS WHO PARTICIPATE IN OPERATION ROUND UP CHOOSE TO ROUND THEIR MONTHLY ELECTRIC BILL TO THE NEXT WHOLE DOLLAR AMOUNT AND THE SPARE CHANGE IS DISTRIBUTED TO NON-PROFIT ORGANIZATIONS IN THE COMMUNITIES. NONE OF THE NON-PROFIT ORGANIZATIONS RECEIVED MORE THAN 5,000 DURING THE YEAR UNDER THE OPERATION ROUND UP PROGRAM. X X X false false false STEPHEN RHODES CEO 327136 39104 252245 21739 640224 JONATHAN AVERY SENIOR VP OF E&O 176051 8380 65921 19767 270119 EMILY COWAN VP OF MBR. SERVICES 142730 73719 21211 237660 F SCOTT SEAY VP OF ADMINISTRATION 150467 12876 55051 6967 225361 MICHAEL KAPOTSKY DIRECTOR OF E&O 133894 40941 17574 192409 GEORGE PAUL SR. LINEMAN 89950 41541 39822 17122 188435 ROBIN C SHAW VP OF FINANCE 132907 571 18243 17384 169105 SCHEDULE J, PART III SCHEDULE J, PART I, LINE 4B STEPHEN RHODES PARTICIPATED IN THE EXECUTIVE BENEFIT RESTORATION PLAN, WHICH IS A NON-QUALIFIED RETIREMENT PLAN. HE DID NOT RECEIVE ANY PAYMENTS DURING 2020 FROM THE PLAN, THEREFORE SCHEDULE J, PART I, LINE 4B IS MARKED NO. SCHEDULE J, PART II(C) THE AMOUNTS REPORTED ON SCHEDULE J, PART II(C) REPRESENT THE CHANGE IN THE ACTUARIAL VALUE OF THE NRECA RETIREMENT SECURITY (RS) DEFINED BENEFIT PENSION PLAN AS COMPUTED BY THE PLAN'S ACTUARIES AND INCLUDES THE AMOUNT OF 401(K) EMPLOYER CONTRIBUTIONS. THIS IS NOT REPRESENTATIVE OF AMOUNTS PAID BY THE COOPERATIVE ON THE EMPLOYEE'S BEHALF. FORM 990 PART IX LINE 24E PAYROLL TAXES ARE INCLUDED IN LINE 24E. FORM 990, PAGE 6, PART VI, LINE 6 MEMBERSHIP IS COMPRISED OF ANY PERSON, FIRM, ASSOCIATION, CORPORATION, OR BODY POLITIC OR SUBDIVISION THEREOF WHO (1) HAS MADE A WRITTEN APPLICATION FOR MEMBERSHIP, (2) AGREED TO PURCHASE COOPERATIVE ELECTRIC ENERGY, (3) AGREED TO COMPLY WITH AND BE BOUND BY THE ARTICLES OF INCORPORATION AND BYLAWS OF THE COOPERATIVE AND ANY RULES AND REGULATIONS ADOPED BY THE BOARD, AND (4) PAID THE MEMBERSHIP FEE. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS OF THE COOPERATIVE ELECT THE GOVERNING BOARD TO THREE YEAR TERMS. FORM 990, PAGE 6, PART VI, LINE 7B THE BYLAWS OF THE COOPERATIVE REQUIRE APPROVAL BY THE MEMBERS FOR SUCH DECISIONS AS CHANGES IN THE BYLAWS, THE SALE, MORTGAGE OR LEASE OF ALL OR ANY SUBSTANTIAL PORTION OF THE COOPERATIVE'S PROPERTY. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD REVIEWS THE TAX RETURN AT A REGULAR MEETING PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A SURVEYS AND OTHER FORM 990S WERE UTILIZED IN DETERMINING THE CEO'S COMPENSATION. COMPARABLE DATA FOR SIMILAR POSITIONS IN THE INDUSTRY WAS USED AS A BASIS FOR COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 15B AN OUTSIDE FIRM WAS UTILIZED IN DETERMINING THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES. COMPARABLE DATA FOR SIMILAR POSITIONS IN THE INDUSTRY WAS USED AS A BASIS FOR COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON MEMBER REQUEST. FORM 990, PART XI CHANGE IN MEMBERSHIP 10,695 FORM 990, PART XI, LINE 9 CHANGE IN MEMBERSHIPS 10,695 MEMBERS HELPING MEMBERS 8,489 ACC. OTHER COMP. INCOME -244,810 TOTAL -225,626 THE CHELCO FOUNDATION INC 1350 BALDWIN AVENUE DEFUNIAK SPRINGS FL 32435 821794757 PART VII FL 501C3 7 CHELCO false SOUTHLAND UTILITY SERVICES INC PO BOX 512 DEFUNIAK SPRINGS FL 324350512 593508830 PART VII FL PART VII CHOCTOWATCHEE ELECTRIC COOPERATIVE C CORP 5732247 5570431 1.00000 true false true false false true false false false false false false false true false false false true false false SOUTHLAND UTILITY SERVICES INC E 402525 ACCOUNTING RECORDS SOUTHLAND UTILITY SERVICES INC M 5430447 ACCOUNTING RECORDS SCHEDULE R SCHEDULE R, PART II, LINE 1(B) THE FOUNDATION DISBURSES FUNDS TO VARIOUS ORGANIZATIONS FOR USE IN CHARITABLE AND COMMUNITY BASED NEEDS. SCHEDULE R, PART IV, LINE 1(B) SOUTHLAND UTILITY SERVICES, INC. PROVIDES UNDERGROUND INSTALLATION AND RIGHT OF WAY CLEARING SERVICES. SCHEDULE R, PART IV, LINE 1(D) CHOCTAWATCHEE ELECTRIC COOPERATIVE, INC. SCHEDULE R PART VII THE AMOUNT REPORTED FOR SOUTHLAND UTILITY SERVICES, INC. ON FORM 990, PART VII, SECTION B (4,944,069) IS THE AMOUNT PAID (CASH BASIS OF ACCOUNTING). THE AMOUNT REPORTED FOR SOUTHLAND UTILITY SERVICES, INC. ON SCHEDULE R, PART V, LINE 1M, PERFORMANCE OF SERVICES (5,430,447) IS THE AMOUNT INCURRED (ACCRUAL BASIS OF ACCOUNTING).