AIKEN ELECTRIC COOPERATIVE INC: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- AIKEN ELECTRIC COOPERATIVE INC (EIN 57-0113065)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-11
- IRS object ID
- 201923159349302552
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-11T09:29:30-08:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Aiken Electric Cooperative Inc | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2790 Wagener Road | AddressLine1Txt |
| City | Aiken | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 570113065 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Aiken Electric Cooperative Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AIKE | BusinessNameControlTxt |
| Phone | 8036496245 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 417 | AddressLine1Txt |
| City | Aiken | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29802 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Gary L Stooksbury | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 8036496245 | PhoneNum |
| Signature | 2019-05-01 | SignatureDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 165.166.47.186 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-11-11 | IPDt |
| IP Tm | 09:29:20 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | B28101B511F1AA970B836769C198438984BF6648 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | B28101B511F1AA970B836769C198438984BF6648 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Gary L Stooksbury | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 417 | AddressLine1Txt |
| City | Aiken | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $124,477,062 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.aikenco-op.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1938 | FormationYr |
| Legal Domicile State | SC | LegalDomicileStateCd |
| Activity Or Mission | Aiken Electric Cooperative, Inc. will strive to provide reliable, competitively priced energy and other services that are desired by the membership. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 165 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $14 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $112,343,771 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $118,909,633 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,990,808 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,567,429 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $116,334,579 | PYTotalRevenueAmt |
| CY Total Revenue | $124,477,062 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $5,138,749 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $7,667,559 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $799,496 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $884,318 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $110,396,334 | PYOtherExpensesAmt |
| CY Other Expenses | $115,925,185 | CYOtherExpensesAmt |
| PY Total Expenses | $116,334,579 | PYTotalExpensesAmt |
| CY Total Expenses | $124,477,062 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $0 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $265,302,729 | TotalAssetsBOYAmt |
| Total Assets EOY | $272,050,645 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $164,712,759 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $165,653,275 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $100,589,970 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $106,397,370 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Aiken Electric Cooperative, Inc. will strive to provide reliable, competitively priced energy and other services that are desired by the membership. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | To provide the best possible electric service to all who desire it within the system's service area at the lowest price consistent with the highest standards of service. | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 34 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 165 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Members And Shr Gross Income | $117,648,420 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $6,305,701 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | April Collins | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8036496245 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2790 Wagener Road | AddressLine1Txt |
| City | Aiken | CityNm |
| State Abbreviation | SC | StateAbbreviationCd |
| ZIP | 29802 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Wayne Furtick | ||||||||
| Trustee | 16.00 | Yes (X) | $32,998 | $0 | $0 | |||
| Otis Dewitt Livingston | ||||||||
| President | 17.00 | Yes (X) | $54,289 | $0 | $0 | Yes (X) | ||
| Edward Swartz | ||||||||
| Trustee | 15.00 | Yes (X) | $16,276 | $0 | $0 | |||
| Linda Bramlett | ||||||||
| Secretary/Treasurer | 15.00 | Yes (X) | $23,384 | $0 | $0 | Yes (X) | ||
| James E StewartJr | ||||||||
| Trustee | 16.00 | Yes (X) | $45,906 | $0 | $0 | |||
| Scott Riddle | ||||||||
| Trustee | 10.00 | Yes (X) | $26,972 | $0 | $0 | |||
| J Strom Thurmond Jr | ||||||||
| Trustee | 6.00 | Yes (X) | $23,770 | $0 | $0 | |||
| Dana Moseley | ||||||||
| Trustee | 17.00 | Yes (X) | $31,078 | $0 | $0 | |||
| O Frank Dorn | ||||||||
| Assistant Sec./Treasurer | 16.00 | Yes (X) | $47,285 | $0 | $0 | Yes (X) | ||
| Robert Curry | ||||||||
| Vice President | 16.00 | Yes (X) | $49,113 | $0 | $0 | Yes (X) | ||
| Chuck Sanders Jr | ||||||||
| Trustee | 9.00 | Yes (X) | $26,477 | $0 | $0 | |||
| Theo R Williams | ||||||||
| Trustee | 0.00 | $10,253 | $0 | $0 | Yes (X) | |||
| Gary L Stooksbury | ||||||||
| CEO | 50.00 | $466,702 | $0 | $105,949 | Yes (X) | |||
| Dan Garman | ||||||||
| VP - Operations & Engineering | 50.00 | $183,926 | $0 | $107,635 | Yes (X) | |||
| William Inman | ||||||||
| VP-Customer & Strategic Services | 45.00 | $158,753 | $0 | $151,247 | Yes (X) | |||
| Robyn McCay | ||||||||
| VP - Human Resources | 40.00 | $131,057 | $0 | $63,759 | Yes (X) | |||
| Todd Scoggins | ||||||||
| Area Director | 50.00 | $119,129 | $0 | $98,677 | Yes (X) | |||
| Charles Rushton | ||||||||
| Area Director | 50.00 | $118,534 | $0 | $70,054 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,565,902 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $597,321 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 18 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Lewis Tree Company | |||||
| PO Box 731897 | Dallas | TX | 75373 | Right of way clearing | $1,963,027 |
| Bobby McGuire dba G&M Locating | |||||
| 1623 Brown Road | Hephzibah | GA | 30815 | Locating services | $152,971 |
| Lee Electrical Construction Inc | |||||
| PO Box 55 | Aberdeen | NC | 28315 | Electrical Contractor | $342,167 |
| Bradley Plumbing & Heating | |||||
| 150 Rutland Dr NW | Aiken | SC | 29801 | Water Heater Installer | $138,682 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| Electricity Sales | 221000 | $117,648,420 | $0 | $0 |
| Pole Rental | 221000 | $189,050 | $0 | $0 |
| Patronage Capital - Assoc | 221000 | $1,072,163 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $118,909,633 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,567,429 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,567,429 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $124,477,062 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $118,909,633 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,567,429 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,667,559 | TotalAmt |
| Program Services | $7,667,559 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $854,503 | TotalAmt |
| Program Services | $854,503 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,815 | TotalAmt |
| Program Services | $29,815 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $449,944 | TotalAmt |
| Program Services | $449,944 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,978,194 | TotalAmt |
| Program Services | $6,978,194 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,571,592 | TotalAmt |
| Program Services | $8,571,592 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Administrative & General | $5,495,584 | $5,495,584 | $0 | $0 |
| Consumer Accounts & Consumer SVC | $4,058,984 | $4,058,984 | $0 | $0 |
| Distribution Maintenance & Operations | $14,592,452 | $14,592,452 | $0 | $0 |
| Purchased Power | $75,778,435 | $75,778,435 | $0 | $0 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,477,062 | TotalAmt |
| Program Services | $124,477,062 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,071,135 | BOYAmt |
| EOY | $2,481,637 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,823,877 | BOYAmt |
| EOY | $12,550,190 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $860,158 | BOYAmt |
| EOY | $800,120 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,555,586 | BOYAmt |
| EOY | $9,832,631 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $297,204,842 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $89,145,579 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $203,262,666 | BOYAmt |
| EOY | $208,059,263 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,714,007 | BOYAmt |
| EOY | $38,311,104 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,300 | BOYAmt |
| EOY | $15,700 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $265,302,729 | BOYAmt |
| EOY | $272,050,645 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,306,442 | BOYAmt |
| EOY | $28,591,069 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,975,000 | BOYAmt |
| EOY | $11,225,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,054,585 | BOYAmt |
| EOY | $126,901,201 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,376,732 | BOYAmt |
| EOY | -$1,063,995 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $164,712,759 | BOYAmt |
| EOY | $165,653,275 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $354,608 | BOYAmt |
| EOY | $358,132 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,235,362 | BOYAmt |
| EOY | $106,039,238 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,589,970 | BOYAmt |
| EOY | $106,397,370 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $265,302,729 | BOYAmt |
| EOY | $272,050,645 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $5,807,400 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,242,156 | OtherCostOrOtherBasisAmt |
| Book Value | $1,242,156 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,334,154 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,463,082 | DepreciationAmt |
| Book Value | $6,871,072 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $284,628,532 | OtherCostOrOtherBasisAmt |
| Depreciation | $84,682,497 | DepreciationAmt |
| Book Value | $199,946,035 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $208,059,263 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Patronage Capital from Assoc Orgs | $8,230,651 | C |
| Term Certificates | $1,336,194 | C |
| Other Investments see supp sch | $28,744,259 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $38,311,104 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Accumulated Provision Post Retirement | -$4,754,916 |
| Consumer Deposits | $3,690,921 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | -$1,063,995 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Theo R Williams | |||||||||||||
| $0 | $0 | $0 | $0 | $10,253 | $0 | $0 | $0 | $0 | $0 | $10,253 | $0 | $0 | $0 |
| Gary L Stooksbury | |||||||||||||
| $337,283 | $0 | $3,000 | $0 | $126,420 | $0 | $74,370 | $0 | $31,580 | $0 | $572,653 | $0 | $0 | $0 |
| Dan Garman | |||||||||||||
| $167,139 | $0 | $3,000 | $0 | $13,788 | $0 | $80,183 | $0 | $27,452 | $0 | $291,562 | $0 | $0 | $0 |
| William Inman | |||||||||||||
| $142,390 | $0 | $3,000 | $0 | $13,363 | $0 | $124,666 | $0 | $26,581 | $0 | $310,000 | $0 | $0 | $0 |
| Robyn McCay | |||||||||||||
| $127,523 | $0 | $3,000 | $0 | $534 | $0 | $38,300 | $0 | $25,459 | $0 | $194,816 | $0 | $0 | $0 |
| Todd Scoggins | |||||||||||||
| $104,576 | $0 | $3,000 | $0 | $11,553 | $0 | $73,709 | $0 | $24,968 | $0 | $217,806 | $0 | $0 | $0 |
| Charles Rushton | |||||||||||||
| $103,042 | $0 | $3,000 | $0 | $12,493 | $0 | $45,096 | $0 | $24,958 | $0 | $188,589 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt I Line 4b | FormAndLineReferenceDesc |
| Explanation | Gary L Stooksbury receives an IRS required distribution from his pension restoration plan. This amount is included in taxable income. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt VI, Line 6 | The Cooperative has members as provided in its bylaws which are included as a part of this return. |
| Pt VI, Line 7a | The Cooperative has members who elect members of the governing body as provided for in its bylaws which are included as a part of this return. |
| Pt VI, Line 7b | Certain decisions of the governeing body are subject to approval by members as provided in its bylaws which are included as a part of this return. |
| Pt VI, Line 11b | Form 990 is reviewed by the Board with all supporting documentation made available to them. |
| Pt VI, Line 12c | The Cooperative regularly and cosistently monitors and enforces compliance with their Conflict of Interest Policy as provided for in its policy which is included as a part of this return. |
| Pt VI, Line 15a | Compensation for the CEO is reviewed and approved through the use of a compensation survey and a performance review conducted by a compensation committee which is then approved by the member-elected board. |
| Pt VI, Line 19 | The Cooperative makes its bylaws, Conflict of Interest Policy and financial statements available to the public as part of its Form 990. The Form 990 is available as reflected in Part VI Section C Line 18. |
| Pt XI | See supporting schedule for the change in Net Asstes |
| Pt VI, Line 15b | Compensation for key employees is reviewed and approved through the use of a compensation survey and a performance review conducted by a compensation comittee which is then approved by the member-elected board. |
| Other | Part V, Line 3a - The Corporation filed Form 990-T for the year ended December 31, 2018, although they did not have any gross revenue from an unrelated business activity. The filing requirement for Form 990-T was a direct result of IRC Section 512(a)(7), which requires tax-exempt organizations to increase their UBTI by the amount of employee parking expenses that would be nondeductible if they were subject to the same deduction dis-allowance rules as taxable entities |
| Form 990, Part IX, Line 24e | Other Expenses |
| Form 990, Part IX, Line 24e | Purchased Power |
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