2019-10-28T08:36:53-05:00 2018-12-31 631035228 Jackson Thornton & Co PC PO Box 96 Montgomery AL 361010096 990 2018-01-01 370425335 Monroe County Electric Cooperative Inc MONR 6189397171 PO Box 128 Waterloo IL 62298 Alan Wattles President/CEO 6189397171 2019-10-22 1 Patrick Cooper P00856177 3348347660 2019-10-22 142.154.130.164 2019-10-22 10:52:04 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2018 2020-03-31 21:24:44Z Alan Wattles PO Box 128 Waterloo IL 62298 18228351 0 X www.mcec.org X 1938 IL As a member owned organization, Monroe County Electric Cooperative's mission is to provide and maintain quality electric and related services for the benefit and well-being of its members. 9 9 27 0 0 0 0 0 17044578 18133603 28593 30442 100528 64306 17173699 18228351 0 0 1183616 1140370 442750 467711 0 0 0 15418810 16620270 17045176 18228351 128523 0 42630282 43579030 29833128 29808413 12797154 13770617 As a member owned organization, Monroe County Electric Cooperative's mission is to provide and maintain quality electric and related services for the benefit and well-being of its members. 0 0 Monroe County Electric Cooperative, Inc. is a member-owned electric cooperative. Using approximately 1,200 miles of distribution and transmission electric line, Monroe County Electric Cooperative, Inc. serves more than 6,700 local farms, homes and businesses located in Illinois with dependable electric power. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 32 0 1 27 1 0 0 0 0 0 0 0 17633095 718234 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X Alisa Wood 6189397171 PO Box 128 Waterloo IL 62298 Gary Gregson Director 1.69 X 4600 0 0 Joel Harres Director 1.01 X 3350 0 0 Richard Hollis Director 2.03 X 5200 0 0 Manlee Knobloch Director 2.61 X 5750 0 0 Larry Kraft Director 5.87 X 10600 0 0 Richard Liefer Director 5.59 X 9000 0 0 Ross Mueller Director 2.97 X 7650 0 0 Richard Neff Director 1.70 X 4500 0 0 George Obernagel Director 1.43 X 4600 0 0 Alan Wattles President/CEO 45.00 X 174707 0 99856 Alisa Wood Office Manager 40.00 X 96516 0 41382 Chris Scott Operations Supervisor 40.00 X 119050 0 46386 Christopher Deterding Foreman 44.00 X 108591 0 42560 Robert Gross Foreman 44.00 X 112026 0 74316 Steven Drennan Lineman 45.00 X 108699 0 47745 Ronald Rusteberg Foreman 44.00 X 109394 0 62309 884233 0 414554 6 0 1 0 National Information Solutions Cooperati 1 Innovation Circle Lake St Louis MO 63367 Computer support/ Member billing service 144671 1 Electric Revenue 221000 17518439 17518439 Capital Credits 221000 615164 615164 18133603 16337 16337 64306 0 64306 64306 64306 14105 0 14105 14105 14105 18228351 18133603 0 94748 X 1140370 467711 1077377 1477030 Cost of Power 10600482 Dist Exp - Maintenance 1232898 Admin and general 1135444 Dist Exp - Operations 621553 475486 18228351 252743 230231 20000 20000 1498431 1544874 392623 391702 990989 765618 53991383 18440684 34952033 35550699 4523463 5075906 42630282 43579030 1485307 1585499 126649 108327 27914955 27846366 306217 268221 29833128 29808413 X 0 0 763389 846915 12033765 12923702 12797154 13770617 42630282 43579030 X 0 973463 X 0 1 X 1 0 1804468 1804468 3442835 1440728 2002107 48744080 16999956 31744124 35550699 Subordinated Certificates 338252 F Investments in Related Organizations 4728379 F Investment in Subsidiary 9275 F 5075906 Post Retirement Benefit Obligation 268221 268221 X Part X, Line 2: An evaluation of whether or not it has any uncertain tax positions is determined on an annual basis by the Cooperative. While the Cooperative believes it has adequately provided for all tax positions, amounts asserted by taxing authorities could be different than the positions taken by the Cooperative. The Cooperative recognizes any interest or penalties assessed by taxing authorities in income tax expense and, with few exceptions, is no longer subject to federal, state, or local income tax examinations by tax authorities for years before 2015. X X 0 0 0 Alan Wattles President/CEO 172287 0 2420 0 0 0 77213 0 22643 0 274563 0 0 0 Chris Scott Operations Supervisor 117388 0 1662 0 0 0 25138 0 21248 0 165436 0 0 0 Christopher Deterding Foreman 108591 0 0 0 0 0 21782 0 20778 0 151151 0 0 0 Robert Gross Foreman 112026 0 0 0 0 0 53538 0 20778 0 186342 0 0 0 Steven Drennan Lineman 108699 0 0 0 0 0 27066 0 20679 0 156444 0 0 0 Ronald Rusteberg Foreman 109394 0 0 0 0 0 41531 0 20778 0 171703 0 0 0 Part I, Line 3 .. Form 990, Part VI, Section A, line 6 Monroe County Electric Cooperative is a member owned cooperative. Form 990, Part VI, Section A, line 7a Monroe County Electric Cooperative, Inc. members elect the board of directors. Form 990, Part VI, Section A, line 7b Bylaw changes are to be voted on by the membership. Form 990, Part VI, Section B, line 11b The President/CEO & Office Manager review the Form 990 for reasonableness and consistency with prior year Form 990's. Form 990, Part VI, Section B, line 12c The conflict of interest policy is reviewed annually at the monthly board meeting in addition to the Board of Directors signing a conflict of interest form. Form 990, Part VI, Section B, line 15 Annual review and salary comparisons are based upon the NRECA Wage & Salary Survey with all salary amounts being approved by the Board of Directors. Form 990, Part VI, Section C, line 19 Bylaws are offered to all new members and are posted on our website. All other documents are available upon request. Form 990, Part IX, Line 4 The instructions to the 2018 Form 990 indicate that organizations exempt under Section 501 (c)(12) should report "patronage dividends paid" to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words "patronage dividends paid" in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year ended December 31, 2018. Form 990, Part XI, line 9: Assignment of net margins to members 1,140,370. Retirement of Capital Credits -342,366. ASC 715 adjustment 40,318. Other changes 135,141. Monroe County Environmental Management NFP PO Box 128 Waterloo IL 62298 203960021 Sewer Treatment IL N/A C 262236 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0