2019-04-22T14:29:37-07:00 2018-12-31 990 2018-01-01 560168825 CARTERET-CRAVEN ELECTRIC COOPERATIVE CART 2522473107 PO Box 1490 Newport NC 28570 Jerry Eborn VP of Finance 2527272234 2019-04-12 74.122.18.226 2018 2019-02-21 02:37:17Z X Jake Joplin PO Box 1490 Newport NC 28570 72525227 0 X Carteretcravenelectric.coop X 1940 NC Electric distribution to membership 9 9 78 0 0 145394 0 0 64396179 70123846 627471 558638 1337958 1842743 66361608 72525227 0 0 0 0 7138133 6367799 0 0 0 53841817 58986415 60979950 65354214 5381658 7171013 128695843 134502263 71166203 72758438 57529640 61743825 Electric Distribution to Membership 0 0 65354214 72525227 Supply electric power to membership of 40,243. We are a electric distribution cooperative 0 0 0 65354214 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 82 1 78 1 1 1 0 0 0 0 70123846 2401381 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 NC X Jerry Eborn 2527272234 PO Box 1490 Newport NC 28570 X William Fred Fulcher Director 4.4 0 X 16575 0 0 Douglas S fulcher Treasurer 3.14 0 X 14010 0 0 Joel Henry Davis Director 1.35 0 X 12810 0 0 Deloria Y Irby President 7.50 0 X 19710 0 0 Ben S Ball Vice President 3.95 0 X 16110 0 0 Alvin West Asst Treasurer 4.21 0 X 15585 0 0 Arland L Bell Asst Secretary 3.48 0 X 14010 0 0 Thom Styron Director 2.03 0 X 12910 0 0 Anthony Nelson Secrertary 4.88 0 X 15510 0 0 Amy L Lock Director 0.13 X 1000 0 0 Jerry W Eborn VP of Finance 40 X 136820 0 0 Will Pittman VP on Engineering 45 0 X 147995 0 0 Jake Joplin CEO 45 0 X 267593 0 0 690638 0 0 3 0 1 0 T&D(Volt) Electrical Contractors PO Box847280 Dallas TX 75284 Utility Construction(Tranmission/Distribution) 1702870 TEMA 8730 Wadford Dr Raleigh NC 27661 Utility construction materials 2113991 Temple Tree Service 4995 Hwy 101 Newport NC 28570 Right of Way tree trimming 1353759 Time Warner Cable 2099 Pennsylvania Ave NW Washington DC 20006 Settlement/services 1035757 Davis H Elliot Company PO Box 37251 Baltimore MD 21297 Construction Services 922227 15 0 70123846 70123846 0 0 70123846 558638 558638 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Patronage Diviidends 221122 1842743 1842743 0 0 0 0 0 0 1842743 72525227 72525227 0 0 0 0 690638 690638 4180881 4180881 1116720 1116720 379560 379560 70365 70365 30000 30000 2314941 2314941 4439899 4439899 343465 343465 Cost of Purchase Power 47154849 47154849 0 0 Distribution/Operational Expenses 4632896 4632896 0 0 65354214 65354214 0 0 17197518 17999078 8090777 8414863 919033 409674 7030177 4160561 149714753 64402977 77968787 85311776 17489551 18206311 128695843 134502263 16305396 15111309 54860807 57647129 71166203 72758438 X 0 0 0 0 57529640 61743825 57529640 61743825 128695843 134502263 X 7171013 0 0 0 0 -2956828 X X 1 X 1 X 1 0 792839 0 792839 4224516 0 3739170 485346 0 0 0 0 144697398 0 60663807 84033591 0 0 0 0 85311776 Deposit in Cushion of Credit 938154 C Prepaid pension asset 1447243 C Note Receivable Ecomomic Development 750000 C Investment in Ass. Organizations 15070914 C 18206311 72525227 0 0 0 0 0 72525227 0 0 0 72525227 65354214 0 0 0 0 0 65354214 0 0 0 65354214 X 0 0 0 Jake Joplin CEO 267593 0 0 0 0 0 122363 0 0 0 389956 0 Will Pittman VP on Engineering 147995 0 0 0 0 0 43091 0 0 0 191086 0 Jerry W Eborn VP of Finance 136820 0 0 0 0 0 0 0 0 0 136820 0 Form 990, Part VI, Section A, Line 6 Consumers of electric power are members of the Cooperative. Members votes on Directors who serve 3 year terms. Form 990, Part VI, Section A, Line 7a The governing body is elected by membership and makes decisions for membership. Form 990, Part VI, Section A, Line 7b Directors make decisions on the be-half of membership. Form 990, Part VI, Section B, Line 11b Directors annually review the form 990 prior to filing. Copies to membership when requested. Form 990, Part VI, Section B, Line 12c Copies of the conflict policy are made available to all and discussed by governing body annually. Directors sign policy statement after review annually. Form 990, Part VI, Section B, Line 15 The organization employs an independent contract to annually review compensation pay schedules. Cooperative Benefits and Finance. Form 990, Part VI, Section C, Line 19 The organization distributes corporate bylaws to member and provides other documents to members upon request. Many are available on the Web site. Form 990, Part XI, Line 9 Distribution to Patronage(Capital Credits) to membership, Form 990, Part XII, Line 2c The board has a Finance committee who meets and discusses audit.