2019-05-09T16:09:40-05:00 2018-12-31 750767305 AXLEY & RODE LLP PO BOX 1388 LUFKIN TX 759021388 990 2018-01-01 750229997 DEEP EAST TEXAS ELECTRIC COOPERATIV INC DEEP 9362752314 880 US HWY 21 EAST SAN AUGUSTINE TX 75972 BRYAN WOOD GENERAL MANAGER 9362752314 2019-05-03 true GARY FORD CPA P00045242 9366346621 2019-05-03 167.68.16.49 2019-05-09 16:09:40 CD P D66BD3CC8366E3365D854C2F224190509AC2AA47 0CA194CBC5E2A2BBF6CDC2BB91C36F06C0C9087E 2018 2019-02-21 02:37:17Z BRYAN WOOD PO BOX 736 SAN AUGUSTINE TX 75972 93810005 false X HTTP://WWW.DEEPEAST.COM/ X 1938 TX DEEP EAST TEXAS ELECTRIC COOPERATIVE WAS ESTABLISHED FOR THE PURPOSE OF PROVIDING ELECTRICITY AND RELATED SERVICES TO RURAL CONSUMERS IN EAST TEXAS. 11 11 122 0 0 90836359 93470376 284199 244631 93834 94998 91214392 93810005 0 4505581 5322264 929234 700349 0 0 85779577 87787392 91214392 93810005 0 236973467 235517990 141871346 135851888 95102121 99666102 DEEP EAST TEXAS ELECTRIC COOPERATIVE WAS ESTABLISHED FOR THE PURPOSE OF PROVIDING ELECTRICITY AND RELATED SERVICES TO RURAL CONSUMERS IN EAST TEXAS. false false DEEP EAST TEXAS ELECTRIC COOPERATIVE WAS ESTABLISHED FOR THE PURPOSE OF PROVIDING ELECTRICITY AND RELATED SERVICES TO RURAL CONSUMERS IN EAST TEXAS. false false false false false false false false false true false false true true 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 25 0 122 true false false false false false 93470376 339629 false false false X 11 11 false false false false true true false true true false false true true true true true true true true false X GINA EVETT 9362752314 PO BOX 736 SAN AUGUSTINE TX 75972 JP DOBBS JR PRESIDENT 9.00 X X 29265 0 0 RONNIE GREER SECRETARY/TR 5.00 X X 19683 0 0 WILLIAM A SPEIGHTS VICE PRESIDE 7.00 X X 28663 0 0 PAUL ALEXANDER DIRECTOR 3.00 X 17904 0 0 JOHN CHILDS DIRECTOR 5.00 X 22926 0 0 SERICA WILKINS DIRECTOR 4.00 X 18220 0 0 MICHAEL G LEE DIRECTOR 3.00 X 26599 0 0 MICHA MILLER DIRECTOR 2.00 X 28899 0 0 BENNIS P STEPTOE DIRECTOR 1.00 X 11119 0 0 JIMMIE POPLIN DIRECTOR 5.00 X 26530 0 0 JOE B WOOTEN DIRECTOR 4.00 X 18285 0 0 DOUGLAS E TURK GENERAL MANA 60.30 X 225049 0 66139 GINA EVETT ADMIN DIRECT 40.00 X 122851 0 38217 KELLY PARKER DIRECTOR OF 40.00 X 114075 0 42472 JESSIE MORGAN DIRECTOR OF 40.00 X 110106 0 40624 CHARLES C BENNEFIELD AREA SVC TEC 51.90 X 102390 0 33534 922564 220986 5 false true false EASTEX LINE CLEARING LLC PO BOX 1656 LIVINGSTON TX 77351 RIGHT OF WAY MA 943462 HOFFPAUIR TREE SERVICE INC 456 THUNDER VALLY RD DERIDDER LA 70634 TREE TRIMMING 607722 EAST TEXAS UTILITY SERVICE P O BOX 1673 JACKSONVILLE TX 75766 LINE CONTRACTOR 364240 ECHO POWERLINE LLC 313 WALNUT ST BUNKIE LA 71322 POWERLINE INSTA 351847 VOLT POWER 2910 HWY 31 NW HARTSELLE AL 35640 LINE CONTRACTOR 286504 13 SALE OF ELECTRICITY/FEES 221000 89168570 89168570 TRANSMISSION REVENUES 221000 2584796 2584796 PATRONAGE CAPITAL CREDITS 221000 1674164 1674164 METER LOOP 221000 42846 42846 93470376 184677 184677 59954 59954 59954 59954 QUALIFIED POLE RENTAL INC 221000 86496 86496 OIL AND GAS ROYALTY INCOM 221000 8502 8502 94998 93810005 93530330 279675 5322264 700349 4223184 7037822 POWER COST 61526803 DISTRIBUTION - MAINT. 5724670 DISTRIBUTION - OPERATIONS 3548638 OTHER EXPENSES 2519210 3207065 93810005 0 0 0 2611553 3450231 5900000 1600000 7786313 8630977 9617 7451 1846903 1803705 5876417 5134848 249601838 71701949 177464064 177899889 35478600 36990889 236973467 235517990 16120917 14826031 120524672 116089349 5225757 4936508 141871346 135851888 X 95102121 99666102 95102121 99666102 236973467 235517990 X 0 4563981 X false true X true false 3415898 3415898 2597475 1358955 1238520 243588465 70342994 173245471 177899889 ETEC COOPERATIVE CAPITAL CREDITS 26953605 NTEC CAPITAL CREDITS 6022873 CFC CAPITAL TERM CERTIFICATES 1866200 NRUCFC PATRONAGE CAPITAL 1132998 TEC CAPITAL CREDITS 727701 SEDC CAPITAL CREDITS 207483 CRC PATRONAGE CAPITAL 34753 INTEREST AND DIVIDENDS RECEIVABLE 23020 OTHER INVESTMENTS IN ASSOC ORGS. 20860 COBANK PATRONAGE CAPITAL 1000 NRTC PATRONAGE CAPITAL 346 SPECIAL DEPOSITS 50 36990889 POST RETIREMENT BENEFITS 3144411 CONSUMER DEPOSITS 1745096 CONSUMER ADVANCES FOR CONSTRUCTION 30270 OTHER DEFERRED CREDIT - TRANSFORM 17100 OTHER DEFERRED CREDIT - OCB 150 CONSUMER DEPOSITS - DEFERRED -150 OTHER LIABILITIES -369 4936508 X 93810005 93810005 93810005 88487741 88487741 5322264 5322264 93810005 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 POSITIONS REQUIRE AN ACCRUAL BASED ON CURRENT STANDARDS OF ACCOUNTING. SCHEDULE D, PAGE 4, PART XII, LINE 4B ALLOCATION OF MARGINS 5,322,264 X X X X false false false DOUGLAS E TURK GENERAL MANAGER 215950 8481 618 45684 20455 291188 GINA EVETT ADMIN DIRECTOR 117328 4648 875 25483 12734 161068 KELLY PARKER DIRECTOR OF OPS 108800 4269 1006 23293 19179 156547 JESSIE MORGAN DIRECTOR OF ENG. 105165 4077 864 21545 19079 150730 FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS CONSIST OF CONSUMERS PURCHASING POWER FROM DEEP EAST TEXAS ELECTRIC COOPERATIVE. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS GOVERN ACTIONS THROUGH ELECTION OF BOARD MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B PRIOR TO FILING FORM 990, A COPY OF THE FORM 990 IS PROVIDED TO EACH DIRECTOR AND IS ALSO REVIEWED AT A MEETING OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C THE COOPERATIVE CLOSELY MONITORS THE PAYMENT OF INVOICES TO ENSURE THAT NO PAYMENTS ARE MADE TO INTERESTED PARTIES THAT ARE NOT WITHIN GUIDELINES OF POLICY. WHEN SELECTING VENDORS AND CONTRACTORS TO PROVIDE SERVICES OR SUP PLIES, THE COOPERATIVE MAKES A CONCERTED EFFORT TO OBTAIN INFORMATION ABOU T THE VENDOR THAT WOULD GIVE RISE TO ANY CONFLICT OF INTEREST. THE COOPERATIVE ALSO REQUIRES BOARD MEMBERS TO ANNUALLY DISCLOSE ANY CONFLICTS, AND NEW BOARD MEMBERS TO DISCLOSE CONFLICTS AT THE BEGINNING OF THEIR TERM. FORM 990, PAGE 6, PART VI, LINE 15A THE COOPERATIVE RETAINS THE SERVICES OF PRIVATE CONSULTANTS TO PERIODICALLY REVIEW THE WAGE RANGES FOR ALL POSITIONS. THE CONSULTANT PROVIDES DATA FROM JOBS OF LIKE KIND AND IN SIMILAR AREAS AND COMPARES TO CURRENT RATES BEING PAID. THE PROCESS IS REVIEWED AND RANGES ARE SET IN PLACE. THE GENERAL MANAGER REVIEWS THE POSITIONS OF DIRECTOR OF ADMINISTRATION AND DIRECTOR OF ENGINEERING AND DIRECTOR OF OPERATIONS. A NEW COMPENSATION REVIEW OF ALL JOBS IS COMPLETED APPROXIMATELY EVERY 5 YEARS. FORM 990, PAGE 6, PART VI, LINE 15B THE COOPERATIVE RETAINS THE SERVICES OF PRIVATE CONSULTANTS TO PERIODICALLY REVIEW THE WAGE RANGES FOR ALL POSITIONS. THE CONSULTANT PROVIDES DATA FROM JOBS OF LIKE KIND AND IN SIMILAR AREAS AND COMPARES TO CURRENT RATES BEING PAID. THE PROCESS IS REVIEWED AND RANGES ARE SET IN PLACE. THE GENERAL MANAGER REVIEWS THE POSITIONS OF DIRECTOR OF ADMINISTRATION, DIRECTOR OF ENGINEERING, AND DIRECTOR OF OPERATIONS. A NEW COMPENSATION REVIEW OF ALL JOBS IS COMPLETED APPROXIMATELY EVERY 5 YEARS. FORM 990, PAGE 6, PART VI, LINE 19 EACH NEW MEMBER IS PROVIDED A COPY OF THE COOPERATIVE'S BY-LAWS UPON APPLICATION FOR SERVICE. THE BY-LAWS ARE ALSO AVAILABLE ON COOPERATIVE'S WEBSITE. COPIES OF THE COOPERATIVE'S CONFLICT OF INTEREST POLICY ARE PROVIDED TO NEW EMPLOYEES UPON HIRING. THESE ARE AVAILABLE TO MEMBERS BY REQUEST. ANNUAL FINANCIAL STATEMENTS ARE PUBLISHED IN THE TEXAS CO-OP POWER MAGAZINE. FORM 990, PART XI, LINE 9 GAIN/LOSS ON OCI 160,468 OTHER CHANGES IN EQUITY 11,026 2018 PATRONAGE CAPITAL TO BE ALLOCATED 5,322,264 PATRONAGE DIVIDEND -929,777 TOTAL 4,563,981