2020-11-15T13:02:57-08:00 2019-12-31 273625988 Goff & Herrington PC 5016 Champions Dr Lufkin TX 75901 990 2019-01-01 752187855 East Texas Electric Cooperative Inc EAST 9365609532 PO Box 631623 Nacogdoches TX 75963 Carrie Hawkins CFO 2020-11-15 true Ronnie Herrington CPA P00028527 9366342345 2019 2022-01-07 14:23:13Z PO Box 631623 Nacogdoches TX 759631623 337586474 false X www.etec.coop X 1987 TX Sale of wholesale power to its eight members on a cooperative basis. 20 20 11 0 0 329687456 319033537 3111002 4571147 18347769 13981790 351146227 337586474 0 0 1644915 2069353 0 0 340275727 325549278 341920642 327618631 9225585 9967843 1051681915 1042127187 872543260 852930728 179138655 189196459 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 11 true false false false false false 316857970 20728504 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 0.00 X 308766 0 189014 Lawrence Williams VP Engineering 40.00 0.00 X 142732 0 103245 John Hargrove Chief Tech Offi 40.00 0.00 X 142745 0 86277 Carrie Hawkins CFO 40.00 0.00 X 151419 0 77346 Mark Tamplin Manager/Direct 3.00 0.00 X 18100 0 0 Greg Jones President 5.00 0.00 X X 18100 0 0 Kathi Calvert Manager/Direct 7.00 0.00 X 18100 0 0 Wes Barron Director 2.00 0.00 X 16687 0 0 Steve Delaughter Director 5.00 0.00 X 16600 0 0 Frankie B King Director 3.00 0.00 X 16600 0 0 Dan Courmier Director 3.00 0.00 X 16600 0 0 Robert Boyd Director 5.00 0.00 X 16600 0 0 JP Dobbs Jr Director 4.00 0.00 X 16600 0 0 Mark Boyd Manager/Direct 9.00 0.00 X 16600 0 0 Pat Brown Director 4.00 0.00 X 16600 0 0 Bryan Wood Manager/Direct 6.00 0.00 X 16600 0 0 Debra Robinson Director 5.00 0.00 X 16100 0 0 Pat Lindley Director 2.00 0.00 X 16100 0 0 Doug Turk Sect/Treasurer 5.00 0.00 X X 13700 0 0 Rhett Reid Asst Sect/Treas 5.00 0.00 X X 13500 0 0 William Emmons Advisory Direct 4.00 0.00 X 13000 0 0 Henry Biscamp Advisory Direct 3.00 0.00 X 13000 0 0 Paul Simmons Advisory Direct 5.00 0.00 X 13000 0 0 Jimmy Jones advisory direct 2.00 0.00 X 12000 0 0 William Speights Advisory Direct 4.00 0.00 X 12000 0 0 Kay Reed Advisory Direct 1.00 0.00 X 12000 0 0 Kennon Kellum Advisory Direct 1.00 0.00 X 12000 0 0 Kenneth Keeling Director 10.00 0.00 X 10900 0 0 Basel Gibbs Director 2.00 0.00 X 10400 0 0 Sam Alison Director 2.00 0.00 X 5700 0 0 Kyle Kuntz Director 2.00 0.00 X 4400 0 0 Jim Latham Director 2.00 0.00 X 3100 0 0 Albert Tiller Director 5.00 0.00 X 2600 0 0 Kathy Wood Manager/Direct 4.00 0.00 X 0 0 0 Robert Walker Vice President 3.00 0.00 X X 0 0 0 1132949 455882 4 false true false SkyHelm 1 E Sheridan Ave Oklahoma City OK 73104 Cyber Security, NOC/SOC 6736608 Holland & Knight 800 17th Street NW Suite 1100 Washington DC 20006 Legal 5153750 GDS Associaties 1850 Parkway Place Suite 800 Marietta GA 30067 Engineer Consultants 4365961 EthosEnergy Power Plant Services 2800 North Loop West Houston TX 77092 Power Plant Service 3496227 General Electric International Inc 4200 Wildwood Parkway Atlanta GA 30339 LT Maintenance Svcs 2708880 38 0 Electric Energy 221000 316724066 316724066 Patronage Capital 221000 2309471 2309471 319033537 4571147 4571147 0 0 0 0 0 0 0 ERCOT Revenue 221000 133904 133904 Sellback Revenue 221000 4187547 4187547 Transmission Revenue 221000 9635339 9635339 25000 25000 13981790 337586474 333015327 4571147 0 0 0 0 1236289 0 518938 92848 149530 71748 232811 5574920 377296 350391 0 0 3829290 0 153157 0 0 51471 194868 0 0 29062485 0 40240406 193807 Purchase of Electric Power 101382979 Transmission 56768834 Purchase of Fuel 51012697 Operating Expenses-Productio 30565569 5558297 327618631 0 0 0 582096 7948651 84107558 78531138 0 50058804 46555089 0 0 0 15358748 20121320 155958682 163632277 1073623783 391093994 702649663 682529789 0 0 38132451 37793337 0 4833913 5015586 1051681915 1042127187 37607813 42472529 6276277 4887119 828659170 805571080 872543260 852930728 X 179138655 189196459 179138655 189196459 1051681915 1042127187 X 9967843 89961 X false true X true false 1073623783 391093994 682529789 682529789 Patronage Capital 7300394 C Memberships 2110 C CFC Capital Term Certificates 2087134 C CFC LCTC - Turk 12701327 C Patronage Capital - Cobank 5993122 C CFC LCTC - Lake Liv 250205 C CFC LCTC - Plum Point 3172380 C CFC LTC- Woodville 5786665 C CFC MSC 500000 C X 337586474 337586474 337586474 327618631 327618631 327618631 Part X : FIN48 Footnote 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 positions require an accrual based on current standards of accounting. For federal income tax purposes the tax returns essentially remain open for possible examination for a period of three years after the date on which those returns are filed. X X X X false false false Carrie Hawkins CFO 151042 377 41836 35510 228765 John Hargrove Chief Tech Offi 140930 1815 53214 33063 229022 Lawrence Williams VP Engineering 140823 1909 65718 37527 245977 Michael Thomas GM/CEO 307743 1023 149008 40006 497780 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder 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 Cooperative, Inc. Jasper-Newton Electric Cooperative, Inc., Rusk County Electric Cooperative, Inc., Sam Houston Electric Cooperative, Inc. and Wood County Electric Cooperative, Inc. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Each Distribution Cooperative Member and each distribution cooperative member of aG&T Member shall be represented on the ETEC Board of Directors by one directorrepresentative (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, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders The member appointed governing body with representation from each member cooperative has the authority to approve decisions and govern the organization. Form 990, Part VI, Line 11b: Form 990 Review Process 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 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, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Annually each Director must complete and sign a conflict of interest statement disclosing any known conflicts of interest. If any potential conflicts are noted, the Governing Body is to be notified and is responsible for enforcing the policy. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The organization uses an HR 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, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The organization has a certified public accountant compile comparability data for salary information for all employees. Management of the organization utilizes this data along with other information to set and approve annual salaries. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available 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. Other Changes In Net Assets Or Fund Balances - Other Increases Decrease in unrealized gain/loss = $89961