2020-06-26T17:01:03-05:00 2019-12-31 BKD LLP PO BOX 3667 LITTLE ROCK AR 722033667 990 2019-01-01 710025315 C & L ELECTRIC COOPERATIVE CORP % GREGORY S SMITH C&LE 8706284221 PO BOX 9 STAR CITY AR 716670009 GREGORY S SMITH CEO/GENERAL MANAGER 8706284221 2020-05-19 true AMBER SHERRILL P00748683 5013721040 2020-05-19 167.68.126.162 71015520201785000013 2020-06-26 P 8179D62D1CFBF1D3275E38CEA4F423D57C97B8CE 3F910C2EA158F392107FD01EE4BF28EF5850A170 2019 2020-09-23 17:36:50Z GREGORY S SMITH PO BOX 9 STAR CITY AR 716670009 42074259 false X CLELECTRIC.COM X 1938 AR SALES OF ELECTRICITY TO RURAL MEMBERS OF THE COOPERATIVE AND MAINTAIN THE DISTRIBUTION POWER LINES IN THE SERVICE AREA. 9 9 94 0 0 0 0 43670139 41096410 726036 823098 15151 144327 44411326 42063835 0 0 1683731 -226970 9709095 10577784 0 0 0 32287776 30889383 43680602 41240197 730724 823638 125184734 134173156 69448694 79381978 55736040 54791178 SALES OF ELECTRICITY TO RURAL MEMBERS OF THE COOPERATIVE AND MAINTAIN THE DISTRIBUTION POWER LINES IN THE SERVICE AREA. false false PURCHASE, DISTRIBUTION AND SALE OF ELECTRICITY TO RURAL MEMBERS, MEMBERS SERVED-14,435 false false false false false false false false false true false true false true false false 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 27 0 true 94 true false false false false false 41096410 823638 false false false X 9 9 false false false false true true false true true false false true true true true false true true true false AR X GREGORY S SMITH 8706284221 PO BOX 9 STAR CITY AR 71667 GREGORY SMITH GENERAL MANAGER 40.0 0.0 X 207704 0 80073 JAY FRIZZELL MANAGER OF OPERATIONS 40.0 0.0 X 154251 0 44659 SHAWN HARVEY SERVICEMAN 40.0 0.0 X 136077 0 40514 DARIAN MCGEE DISTRICT SUPERVISOR 40.0 0.0 X 126469 0 48394 BRIAN LOWERY MANAGER OF OFFICE SERVICES 40.0 0.0 X 122333 0 51701 STEVEN GREENWOOD SERVICEMAN 40.0 0.0 X 121631 0 43315 WILLIAM M HUMPHREY DIRECTOR 1.87 0.0 X 37770 0 0 LAWRENCE E HUDSON DIRECTOR 2.85 0.0 X 36270 0 0 CHARLES S SEARCY DIRECTOR 2.38 0.0 X 34770 0 0 ROBERT W FLOYD DIRECTOR 1.56 0.0 X 34620 0 0 PHILIP C WILSON DIRECTOR 1.0 0.0 X 30570 0 0 KEITH D GRIFFIN DIRECTOR 4.42 0.0 X 25504 0 0 TONY CATHEY DIRECTOR 1.62 0.0 X 22595 0 0 JOHN E ASHCRAFT DIRECTOR 5.58 0.0 X 15945 0 0 RAY E MORRISON DIRECTOR 0.5 0.0 X 1842 0 0 1108351 0 308656 9 false true false ECHO POWERLINE LLC 313 WALNUT STREET BUNKIE LA 71322 CONSTRUCTION 894191 VOLT POWER LLC 2910 HUGHWAY 31 NW HARTSELLE AL 35640 CONSTRUCTION 850278 JL MALONE PO BOX 3367 ALBANY GA 317063367 CONSTRUCTION 635265 BARNETT RIGHT OF WAY SERVICES INC PO BOX 761 HOPE AR 71802 RIGHT OF WAY 414099 KENNYS DOZER SERVICE INC PO BOX 368 LOCKESBURG AR 71846 RIGHT OF WAY 426100 8 0 OPERATING REVENUE 221000 40568263 40568263 CAPITAL CREDITS 212000 528147 528147 41096410 823098 823098 0 0 143787 0 143787 143787 143787 0 0 0 0 0 0 0 10964 10424 540 540 0 42063835 41096410 967425 0 0 0 -226970 527662 0 6107605 1396581 2043114 502822 0 45190 41289 0 0 0 0 0 262754 0 0 0 0 0 17001 2572951 0 4432485 307057 COST OF POWER 21016420 ADMIN & GENERAL 2048882 . 0 . 0 145354 41240197 543747 563738 5639674 9283114 0 0 4284374 4092688 0 0 0 0 0 0 2053263 1658817 143967 115551 157579409 58189685 92647766 99389724 0 0 0 0 17708168 17270225 0 0 2163775 1799299 125184734 134173156 7467217 7959113 0 0 0 0 0 0 0 0 0 0 61970027 71411425 0 0 11450 11440 69448694 79381978 X 0 0 361296 363908 55374744 54427270 55736040 54791178 125184734 134173156 X 823638 -1768500 X false false false 1038969 1038969 3863809 2120221 1743588 142682553 56069464 86613089 9994078 9994078 99389724 PATRONAGE CAPITAL - AECI 1091883 C PATRONAGE CAPITAL - AECC 14493929 C PATRONAGE CAPITAL - NRUCFC 446305 C FEDERATED INSURANCE 387114 C CAPITAL TERM CERTIFICATES-CFC 827327 C NRUCFC AECI AECC CRC 5950 C COOPERATIVE RESPONSE CENTER 10000 C COOPERATIVE RESPONSE CTR CERT 7717 C 17270225 0 CREDITS - PURCHASED POWER REFUNDS 11440 11440 X X X false false false GREGORY SMITH GENERAL MANAGER 207704 0 0 0 0 0 55523 0 24550 0 287777 0 0 0 BRIAN LOWERY MANAGER OF OFFICE SERVICES 122333 0 0 0 0 0 29235 0 22466 0 174034 0 0 0 SHAWN HARVEY SERVICEMAN 136077 0 0 0 0 0 18870 0 21644 0 176591 0 0 0 STEVEN GREENWOOD SERVICEMAN 121631 0 0 0 0 0 21458 0 21857 0 164946 0 0 0 DARIAN MCGEE DISTRICT SUPERVISOR 126469 0 0 0 0 0 26167 0 22227 0 174863 0 0 0 JAY FRIZZELL MANAGER OF OPERATIONS 154251 0 0 0 0 0 34068 0 10591 0 198910 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THERE IS ONLY ONE CLASS OF MEMBERS. ALL MEMBERS HAVE ONE VOTE EACH. THE MEMBERS ELECT THE GOVERNING BODY AND APPROVE WHETHER THE COMPANY CAN BE SOLD. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS PURCHASE ELECTRIC ENERGY FROM THE COOPERATIVE. EACH MEMBER IS ENTITLED TO ONE VOTE. THE MEMBERS ANNUALLY HOLD A MEETING TO ELECT BOARD MEMBERS, PASSING UPON REPORTS AND TO TRANSACT SUCH OTHER BUSINESS THAT MAY COME BEFORE THE MEETING. UPON DISSOLUTION OF THE COOPERATIVE, AFTER ALL DEBTS AND LIABILITIES HAVE BEEN PAID AND ALL CAPITAL FURNISHED THROUGH PATRONAGE HAS BEEN RETIRED, THE REMAINING PROPERTY AND ASSETS OF THE COOPERATIVE SHALL BE DISTRIBUTED AMONG THE MEMBERS AND FORMER MEMBERS IN ACCORDANCE WITH THE APPLICABLE PROVISION OF THE LAW. FORM 990, PART VI, SECTION B, LINE 11B FINANCIAL MANAGEMENT OF THE COMPANY REVIEWS THE FORM 990 BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C NO PERSON SHALL BE ELIGIBLE TO BECOME OR REMAIN A BOARD MEMBER OF THE COOPERATIVE WHO IS IN ANY WAY EMPLOYED BY OR FINANCIALLY INTERESTED IN A COMPETING ENTERPRISE OR BUSINESS SELLING ELECTRIC ENERGY OR SUPPLIES TO THE COOPERATIVE, OR A BUSINESS PRIMARILY ENGAGED IN SELLING ELECTRICAL APPLIANCES, FIXTURES OR SUPPLIES TO THE MEMBERS OF THE COOPERATIVE. THE BOARD POLICY STATES THAT EACH DIRECTOR WILL ABSTAIN FROM ANY DECISION THAT IMPACTS HIS/HER PERSONAL WELFARE OR THE PERSONAL WELFARE OF CLOSE RELATIVES OF THE DIRECTOR OTHER THAN MATTERS WHICH ARE OBVIOUSLY COVERED BY BOARD POLICIES. FORM 990, PART VI, SECTION B, LINE 15A A NATIONAL, REGIONAL AND STATE COMPENSATION SURVEY IS REVIEWED ANNUALLY. THE BOARD OF DIRECTORS APPROVES THE CEO'S SALARY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15B A NATIONAL, REGIONAL AND STATE COMPENSATION SURVEY IS REVIEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION IS PROVIDED TO EACH NEW MEMBER, CERTAIN BY-LAW PROVISIONS ARE PUBLISHED ANNUALLY IN MEMBER MAGAZINES, ANNUAL REPORTS ARE MAILED TO MEMBERS, AND FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VII, LINE 6A PERSONAL PROPERTY RENTAL REVENUES EXCLUDED FROM UNRELATED BUSINESS INCOME ARE RELATED TO POLE RENTAL INCOME. FORM 990, PART XI, LINE 9 CAPITAL CREDIT ALLOCATION RETIRED TO MEMBERS (1,385,592) UNCLAIMED PATRONAGE CHECKS 209,875 BENEFITS PAID TO MEMBERS (226,970) INCREASE IN MEMBERSHIP DEPOSITS 2,612 FAS RECOGNITION (368,425) ---------------------------------------- TOTAL OTHER CHANGES IN NET ASSETS 1,768,500