2019-05-08T08:28:19-07:00 2018-12-31 741194944 Bumgardner Morrison & Company LLP 1501 E MOCKINGBIRD LN STE 300 Victoria TX 77903 990 2018-01-01 741393760 SOUTH TEXAS ELECTRIC COOPERATIVE INC SOUT 3615756491 PO BOX 119 NURSERY TX 77976 MIKE KEZAR GENERAL MANAGER 2019-05-08 true MICHAEL E WENSKE CPA P00047017 3615750271 2018 2019-02-21 02:37:17Z MIKE KEZAR PO BOX 119 NURSERY TX 77976 529152553 false false X WWW.STEC.ORG X 1944 TX Rural utility service cooperative for generation and transmission of electricity. 16 16 284 0 0 497668230 526343842 1422653 1769356 829295 927653 499920178 529040851 0 26674056 32462191 34747432 36768691 0 0 489674898 509937355 551096386 579168237 -51176208 -50127386 1405884368 1404012079 1109984333 1075649855 295900035 328362224 Rural utility service cooperative for generation and transmission of electricity. false false SOUTH TEXAS ELECTRIC COOPERATIVE, INC. (STEC) IS ORGANIZED FOR THE PURPOSE OF GENERATING AND TRANSMITTING ELECTRIC POWER. STEC HAS EIGHT (8) MEMBER COOPERATIVES. STEC SELLS ITS POWER PURSUANT TO WHOLESALE POWER CONTRACTS WITH ITS MEMBER-CUSTOMERS. false false false false false false false false false true false false false true false 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 false false false true 90 0 false 284 true false false false false false false false false false 505339476 16897809 false false false false false X 16 16 false false false false true true false true true false false true true true true true false true true false X FRANCES NITSCHMANN 3614856170 2849 FM 447 VICTORIA TX 77905 BOBBY BAUCH Director 1.00 0.00 X 15000 0 0 BRAD BIERSTEDT Director 5.00 0.00 X 15000 0 0 PAUL BRYSCH JR ASST SEC-TREAS 5.50 0.00 X X 15000 0 0 JAMES COLEMAN Director 5.00 0.00 X 13200 0 0 LEROY KASPAR Director 4.00 0.00 X 14400 0 0 RON HUGHES Director 4.00 0.00 X 15000 0 0 TOMMY ERMIS Director 5.00 0.00 X 12600 0 0 JOHN HERRERA Director 5.00 0.00 X 15000 0 0 DONALD WEHMEYER Director 7.00 0.00 X 16200 0 0 TRACE McCUAN Director 4.00 0.00 X 12000 0 0 BLAINE WARZECHA Director 5.00 0.00 X 14400 0 0 BRUCE ELLIOTT Director 3.00 0.00 X 14400 0 0 LARRY HUESSER Vice President 4.20 0.00 X X 15000 0 0 MARK ROLLANS Director 4.00 0.00 X 15000 0 0 GARY RAYBON President 8.00 0.00 X X 15600 0 0 BARBARA S MILLER SEC-TREAS 4.69 0.00 X X 14400 0 0 FRANCES NITSCHMANN CFO 55.00 0.00 X 224632 0 97992 MIKE KEZAR GENERAL MANAGER 70.00 0.00 X 1328996 0 234519 CORY J ALLEN ASST. GENERAL MANAGER 55.00 0.00 X 293573 0 119995 JOHN PACKARD MGR-POWER SUPPLY 50.00 0.00 X 271745 0 113973 DARRELL J KLIMITCHEK MGR-TECH SERVICES 50.00 0.00 X 230944 0 100737 CLIFTON E LANGE MGR-WHOLESALE MKT 50.00 0.00 X 232982 0 100012 ROGER BISHOP PLANT MANAGER 50.00 0.00 X 220330 0 95464 DOROTHY K DISANTO MBR SERVICES COORD 45.00 0.00 X 209238 0 95470 3244640 958162 106 false true false ROTH CONSTRUCTION 2202 DELMAR DR VICTORIA TX 77901 CONSTRUCTION 3338706 LAMBDA CONSTRUCTION LTD 211 JESSES CIRCLE NEW BRAUNFELS TX 78132 CONSTRUCTION 3043381 MESA LINE SERVICES LLC 2505 FM 1462 ALVIN TX 77511 CONSTRUCTION 2858099 HAYNES AND BOONE LLP P O BOX 841399 DALLAS TX 75284 ATTORNEY 2828164 VOLT POWER LLC 2910 HWY 31 NW HARTSELLE AL 35640 CONSTRUCTION 2225684 34 0 CAPITAL CREDITS 221000 4055294 4055294 SALE OF ELECTRICITY-GROSS 221000 522288548 522288548 526343842 1776723 1776723 0 0 0 104335 111702 -7367 -7367 -7367 0 0 0 INTERNET 221000 1800 1800 MISC. NON-OPER. INCOME 221000 920738 920738 RENT OF ELECTRIC PROP. 5115 5115 927653 529040851 527259013 1781838 0 0 0 32462191 1726369 0 21011021 5951609 6513855 1565837 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 43065873 0 90363610 799097 OPERATION EXP-OTH POWER SUPPLY 309840775 OPERATION EXP- PRODUCTION FUEL 36788814 MAINTENANCE EXP- PRODUCTION 8277836 PROPERTY TAXES 8243400 12557950 579168237 0 0 0 33033966 29186529 34000000 39000000 0 50622214 48903896 0 0 0 17857896 18623278 31472589 30232148 1537595960 364171126 1175724342 1173424834 0 0 63163817 64631850 9544 9544 0 1405884368 1404012079 54882220 58433015 1049179830 1014133543 5922283 3083297 1109984333 1075649855 X 450 450 488 488 295899097 328361286 295900035 328362224 1405884368 1404012079 X -50127386 82589575 X false true X true false 55598057 55598057 17803759 5354948 12448811 1394135679 358816178 1035319501 70058465 70058465 1173424834 net credits for excess fuel, energy 3083297 3083297 529040851 529040851 529040851 496578662 496578662 82589575 82589575 579168237 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S PATRONAGE DIVIDENDS ALLOCATED TO MEMBERS $32462191 BOOK / TAX DEPRECIATION DIFFERENCE $50127384 X X X false true false CLIFTON E LANGE MGR-WHOLESALE MKT 232982 71500 28512 332994 CORY J ALLEN ASST. GENERAL MANAGER 293573 90871 29124 413568 DARRELL J KLIMITCHEK MGR-TECH SERVICES 230944 72201 28536 331681 DOROTHY K DISANTO MBR SERVICES COORD 209238 67086 28384 304708 FRANCES NITSCHMANN CFO 224632 69542 28450 322624 JOHN PACKARD MGR-POWER SUPPLY 271745 85032 28941 385718 MIKE KEZAR GENERAL MANAGER 670404 658592 204154 30365 1563515 ROGER BISHOP PLANT MANAGER 220330 67564 27900 315794 Part III, Additional Information In reference to Schedule J, Part I, Question 4b, Mike Kezar received a $658,592 distribution from a 457(f) plan during the tax year. Amount was included in taxable wages on Form W-2. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder SOUTH TEXAS ELECTRIC COOPERATIVE, INC. (STEC) IS A NOT-FOR-PROFIT COOPERATIVE CORPORATION ORGANIZED FOR THE PURPOSE OF GENERATING AND TRANSMITTING ELECTRIC POWER. STEC HAS EIGHT (8) MEMBER COOPERATIVES. STEC SELLS ITS POWER PURSUANT TO WHOLESALE POWER CONTRACTS WITH ITS MEMBER-CUSTOMERS. Form 990, Part VI, Line 11b: Form 990 Review Process THE RETURN WAS PROVIDED ELECTRONICALLY TO BOARD MEMBERS ALLOWING OPPORTUNITY FOR REVIEW AND DISCUSSION AT A FINANCE AND AUDIT COMMITTEE MEETING AND AT A BOARD MEETING BEFORE FILING. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts SOUTH TEXAS ELECTRIC COOPERATIVE, INC. HAS A CONFLICTS OF INTEREST POLICY. ALL DIRECTORS, OFFICERS, AND KEY EMPLOYEES ARE PROVIDED A COPY OF THIS POLICY WHEN THEY JOIN THE BOARD OF DIRECTORS OR ARE HIRED AND EACH SIGNS A COPY OF THIS POLICY. THE POLICY IS REVIEWED WITH THE BOARD AND KEY EMPLOYEES EACH YEAR. DIRECTORS, OFFICERS, AND KEY EMPLOYEES ARE ANNUALLY REQUIRED TO DISCLOSE ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE BOARD OF DIRECTORS ANNUALLY ENGAGES A CONSULTANT THAT SPECIALIZES IN EMPLOYMENT AND COMPENSATION AND THEY ALSO REVIEW A COMPENSATION SURVEY PREPARED BY NRECA, THE NATIONAL ASSOCIATION FOR THE ELECTRIC COOPERATIVE. THE BOARD UTILIZES THIS INFORMATION IN ITS DELIBERATION AND DECISION ON COMPENSATION FOR THE CEO (THE GENERAL MANAGER). Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees THE ORGANIZATION ANNUALLY ENGAGES A CONSULTANT THAT SPECIALIZES IN EMPLOYMENT AND COMPENSATION, WHO PROVIDES THE GENERAL MANAGER AND THE BOARD OF DIRECTORS WITH INFORMATION ON SALARY LEVELS AND COMPENSATION APPROPRIATE FOR ALL LEVELS OF STAFF AT THE ORGANIZATION, INCLUDING THE OFFICERS AND KEY EMPLOYEES. THIS INFORMATION IS UTILIZED IN THE DELIBERATIONS AND DECISIONS ON OVERALL COMPENSATION INCREASES FOR OFFICERS AND KEY EMPLOYEES. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE FINANCIAL STATEMENTS ARE PRINTED IN THE COMPANY'S ANNUAL REPORT, POSTED ON THE WEBSITE, AND MADE AVAILABLE ON REQUEST. THE ARTICLES OF INCORPORATION ARE PUBLICLY AVAILABLE ON THE TEXAS SECRETARY OF STATE WEBSITE. THE COOPERATIVE'S BYLAWS AND POLICIES ARE NOT PUBLICLY AVAILABLE. Other Changes In Net Assets Or Fund Balances - Other Increases PATRONAGE DIVIDENDS ALLOCATED TO MEMBERS = $32462191 Other Changes In Net Assets Or Fund Balances - Other Increases TAX OVER BOOK DEPRECIATION = $50127384