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      <CntrctRcvdGreaterThan100KCnt>14</CntrctRcvdGreaterThan100KCnt>
      <ProgramServiceRevenueGrp>
        <Desc>ELECTRIC SALES</Desc>
        <BusinessCd>221000</BusinessCd>
        <TotalRevenueColumnAmt>156702984</TotalRevenueColumnAmt>
        <ExclusionAmt>156702984</ExclusionAmt>
      </ProgramServiceRevenueGrp>
      <ProgramServiceRevenueGrp>
        <Desc>POLE ATTACHMENTS</Desc>
        <BusinessCd>221000</BusinessCd>
        <TotalRevenueColumnAmt>657446</TotalRevenueColumnAmt>
        <ExclusionAmt>657446</ExclusionAmt>
      </ProgramServiceRevenueGrp>
      <TotalProgramServiceRevenueAmt>157360430</TotalProgramServiceRevenueAmt>
      <InvestmentIncomeGrp>
        <TotalRevenueColumnAmt>98112</TotalRevenueColumnAmt>
        <ExclusionAmt>98112</ExclusionAmt>
      </InvestmentIncomeGrp>
      <OtherRevenueMiscGrp>
        <Desc>CAPITAL CREDITS</Desc>
        <BusinessCd>221000</BusinessCd>
        <TotalRevenueColumnAmt>2413711</TotalRevenueColumnAmt>
        <ExclusionAmt>2413711</ExclusionAmt>
      </OtherRevenueMiscGrp>
      <OtherRevenueMiscGrp>
        <Desc>OTHER NON OPERATING INCOME</Desc>
        <BusinessCd>221000</BusinessCd>
        <TotalRevenueColumnAmt>124823</TotalRevenueColumnAmt>
        <ExclusionAmt>124823</ExclusionAmt>
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      <OtherRevenueTotalAmt>2538534</OtherRevenueTotalAmt>
      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>159997076</TotalRevenueColumnAmt>
        <ExclusionAmt>159997076</ExclusionAmt>
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      <BenefitsToMembersGrp>
        <TotalAmt>3601588</TotalAmt>
      </BenefitsToMembersGrp>
      <CompCurrentOfcrDirectorsGrp>
        <TotalAmt>1215005</TotalAmt>
      </CompCurrentOfcrDirectorsGrp>
      <OtherSalariesAndWagesGrp>
        <TotalAmt>889684</TotalAmt>
      </OtherSalariesAndWagesGrp>
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        <TotalAmt>4658575</TotalAmt>
      </InterestGrp>
      <DepreciationDepletionGrp>
        <TotalAmt>10677563</TotalAmt>
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      <OtherExpensesGrp>
        <Desc>COST OF POWER</Desc>
        <TotalAmt>102195510</TotalAmt>
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      <OtherExpensesGrp>
        <Desc>DISTRIBUTION- MAINTENANCE</Desc>
        <TotalAmt>10460510</TotalAmt>
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      <OtherExpensesGrp>
        <Desc>ADMINISTRATIVE &amp; GENERAL</Desc>
        <TotalAmt>6003243</TotalAmt>
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        <Desc>CONSUMER ACCOUNTS</Desc>
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      <AllOtherExpensesGrp>
        <TotalAmt>8762028</TotalAmt>
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        <TotalAmt>153764740</TotalAmt>
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      <LandBldgEquipCostOrOtherBssAmt>291916696</LandBldgEquipCostOrOtherBssAmt>
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      <OtherLiabilitiesGrp>
        <BOYAmt>23793360</BOYAmt>
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      <TotalLiabilitiesGrp>
        <BOYAmt>170776890</BOYAmt>
        <EOYAmt>173992886</EOYAmt>
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      <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
      <CapStkTrPrinCurrentFundsGrp>
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        <EOYAmt>291020</EOYAmt>
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      <RtnEarnEndowmentIncmOthFndsGrp>
        <BOYAmt>122363626</BOYAmt>
        <EOYAmt>128357363</EOYAmt>
      </RtnEarnEndowmentIncmOthFndsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>122646701</BOYAmt>
        <EOYAmt>128648383</EOYAmt>
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      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>293423591</BOYAmt>
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      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>6232336</ReconcilationRevenueExpnssAmt>
      <OtherChangesInNetAssetsAmt>-230654</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
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    <IRS990ScheduleD documentId="RetDoc3">
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        <InvestmentCostOrOtherBasisAmt>291916696</InvestmentCostOrOtherBasisAmt>
        <DepreciationAmt>87050042</DepreciationAmt>
        <BookValueAmt>204866654</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>204866654</TotalBookValueLandBuildingsAmt>
      <InvstProgramRelatedOrgGrp>
        <Desc>PATRONAGE CAP - POWERSOUTH</Desc>
        <BookValueAmt>56312740</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>PATRONAGE CAP - GRESCO</Desc>
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      <InvstProgramRelatedOrgGrp>
        <Desc>INVESTMENT - NRUCFC</Desc>
        <BookValueAmt>1084633</BookValueAmt>
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      <InvstProgramRelatedOrgGrp>
        <Desc>INVESTMENT - CO-BANK</Desc>
        <BookValueAmt>712499</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>INVESTMENT - FED. RURAL ELECTRIC INS</Desc>
        <BookValueAmt>629134</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>PATRONAGE CAP - NRUCFC</Desc>
        <BookValueAmt>282594</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>PATRONAGE CAP - UNITED UTILITY</Desc>
        <BookValueAmt>219372</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>PATRONAGE CAP - NISC</Desc>
        <BookValueAmt>133851</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>PATRONAGE CAP - NRTC</Desc>
        <BookValueAmt>5240</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>PATRONAGE CAP - ARKANSAS ELECTRIC</Desc>
        <BookValueAmt>5158</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>INVESTMENT - NRTC</Desc>
        <BookValueAmt>1000</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
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      <TotalBookValueProgramRltdAmt>61099291</TotalBookValueProgramRltdAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>LINE OF CREDIT</Desc>
        <Amt>13500000</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>CONSUMER DEPOSITS</Desc>
        <Amt>6652225</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>POSTRETIREMENT BENEFITS</Desc>
        <Amt>6079062</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>OTHER DEFERRRED CREDITS</Desc>
        <Amt>4859127</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>31090414</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>159997076</TotalRevEtcAuditedFinclStmtAmt>
      <RevenueSubtotalAmt>159997076</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>159997076</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>150163152</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>150163152</ExpensesSubtotalAmt>
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      <ExpensesNotRptFinclStmtAmt>3601588</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>153764740</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XII, LINE 4B</FormAndLineReferenceDesc>
        <ExplanationTxt>RETIREMENT OF CAPITAL CREDITS PAID 3,601,588</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleJ documentId="RetDoc4">
      <IdemnificationGrossUpPmtsInd>X</IdemnificationGrossUpPmtsInd>
      <WrittenPolicyRefTAndEExpnssInd>true</WrittenPolicyRefTAndEExpnssInd>
      <SubstantiationRequiredInd>true</SubstantiationRequiredInd>
      <IndependentConsultantInd>X</IndependentConsultantInd>
      <WrittenEmploymentContractInd>X</WrittenEmploymentContractInd>
      <CompensationSurveyInd>X</CompensationSurveyInd>
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
      <SeverancePaymentInd>false</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>false</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>false</EquityBasedCompArrngmInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>KAREN L MOORE</PersonNm>
        <TitleTxt>CEO</TitleTxt>
        <BaseCompensationFilingOrgAmt>288610</BaseCompensationFilingOrgAmt>
        <BonusFilingOrganizationAmount>500</BonusFilingOrganizationAmount>
        <OtherCompensationFilingOrgAmt>22662</OtherCompensationFilingOrgAmt>
        <DeferredCompensationFlngOrgAmt>86668</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>18624</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>417064</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>ALAN L SCHOTT</PersonNm>
        <TitleTxt>VP FIN/ACC</TitleTxt>
        <BaseCompensationFilingOrgAmt>206663</BaseCompensationFilingOrgAmt>
        <BonusFilingOrganizationAmount>4960</BonusFilingOrganizationAmount>
        <OtherCompensationFilingOrgAmt>8698</OtherCompensationFilingOrgAmt>
        <DeferredCompensationFlngOrgAmt>65614</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>18544</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>304479</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>WILLIAM JODY TAYLOR</PersonNm>
        <TitleTxt>VP OPERATIONS</TitleTxt>
        <BaseCompensationFilingOrgAmt>199451</BaseCompensationFilingOrgAmt>
        <BonusFilingOrganizationAmount>4519</BonusFilingOrganizationAmount>
        <OtherCompensationFilingOrgAmt>5883</OtherCompensationFilingOrgAmt>
        <DeferredCompensationFlngOrgAmt>63996</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>18511</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>292360</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>A CLYDE ABRAMS</PersonNm>
        <TitleTxt>VP ADMIN SERVICES</TitleTxt>
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        <OtherCompensationFilingOrgAmt>11724</OtherCompensationFilingOrgAmt>
        <DeferredCompensationFlngOrgAmt>67825</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>18591</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>341163</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>STEVEN KENT IRVIN</PersonNm>
        <TitleTxt>VP ENGINEERING</TitleTxt>
        <BaseCompensationFilingOrgAmt>159941</BaseCompensationFilingOrgAmt>
        <BonusFilingOrganizationAmount>4402</BonusFilingOrganizationAmount>
        <OtherCompensationFilingOrgAmt>8089</OtherCompensationFilingOrgAmt>
        <DeferredCompensationFlngOrgAmt>51171</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>18244</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>241847</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>SUE CAMPBELL</PersonNm>
        <TitleTxt>MANAGER HR</TitleTxt>
        <BaseCompensationFilingOrgAmt>148690</BaseCompensationFilingOrgAmt>
        <BonusFilingOrganizationAmount>7738</BonusFilingOrganizationAmount>
        <OtherCompensationFilingOrgAmt>8360</OtherCompensationFilingOrgAmt>
        <DeferredCompensationFlngOrgAmt>47507</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>8775</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>221070</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>MARK INGRAM</PersonNm>
        <TitleTxt>VP ENERGY SERVICES</TitleTxt>
        <BaseCompensationFilingOrgAmt>160593</BaseCompensationFilingOrgAmt>
        <BonusFilingOrganizationAmount>500</BonusFilingOrganizationAmount>
        <OtherCompensationFilingOrgAmt>1079</OtherCompensationFilingOrgAmt>
        <DeferredCompensationFlngOrgAmt>44945</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>18185</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>225302</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>W BRIAN SEALS</PersonNm>
        <TitleTxt>MANAGER ENGINEERING</TitleTxt>
        <BaseCompensationFilingOrgAmt>124684</BaseCompensationFilingOrgAmt>
        <BonusFilingOrganizationAmount>1695</BonusFilingOrganizationAmount>
        <OtherCompensationFilingOrgAmt>9163</OtherCompensationFilingOrgAmt>
        <DeferredCompensationFlngOrgAmt>39863</DeferredCompensationFlngOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>18008</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>193413</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleK documentId="RetDoc5">
      <TaxExemptBondsIssuesGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <IssuerName>
          <BusinessNameLine1Txt>GULF OPPORTUNITY ZONE BONDS</BusinessNameLine1Txt>
        </IssuerName>
        <BondIssuedDt>2008-07-01</BondIssuedDt>
        <IssuePriceAmt>7900465</IssuePriceAmt>
        <DefeasedInd>false</DefeasedInd>
        <OnBehalfOfIssuerInd>false</OnBehalfOfIssuerInd>
        <PoolFinancingInd>false</PoolFinancingInd>
      </TaxExemptBondsIssuesGrp>
      <TaxExemptBondsProceedsGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <CapitalExpendituresAmt>7900465</CapitalExpendituresAmt>
        <SubstantialCompletionYr>2008</SubstantialCompletionYr>
        <CurrentRefundingInd>false</CurrentRefundingInd>
        <AdvanceRefundingInd>false</AdvanceRefundingInd>
        <FinalAllocationMadeInd>true</FinalAllocationMadeInd>
        <AdequateBooksAndRecMaintInd>true</AdequateBooksAndRecMaintInd>
      </TaxExemptBondsProceedsGrp>
      <TaxExemptBondsPrivateBusUseGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <OwningBondFinancedPropertyInd>false</OwningBondFinancedPropertyInd>
        <AnyLeaseArrangementsInd>true</AnyLeaseArrangementsInd>
        <MgmtContractBondFincdPropInd>false</MgmtContractBondFincdPropInd>
        <AnyResearchAgreementsInd>false</AnyResearchAgreementsInd>
        <BondIssMeetPrvtSecPymtTestInd>false</BondIssMeetPrvtSecPymtTestInd>
        <ChangeInUseBondFinancedPropInd>false</ChangeInUseBondFinancedPropInd>
        <ProcsNonqualifiedBondRemdtdInd>true</ProcsNonqualifiedBondRemdtdInd>
      </TaxExemptBondsPrivateBusUseGrp>
      <TaxExemptBondsArbitrageGrp>
        <BondReferenceCd>A</BondReferenceCd>
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        <RebateNotDueYetInd>false</RebateNotDueYetInd>
        <ExceptionToRebateInd>false</ExceptionToRebateInd>
        <NoRebateDueInd>false</NoRebateDueInd>
        <VariableRateIssueInd>false</VariableRateIssueInd>
        <HedgeIdentifiedInBksAndRecInd>false</HedgeIdentifiedInBksAndRecInd>
        <GrossProceedsInvestedInGICInd>false</GrossProceedsInvestedInGICInd>
        <GrossProceedsInvestedInd>false</GrossProceedsInvestedInd>
        <WrittenProcToMonitorReqsInd>false</WrittenProcToMonitorReqsInd>
      </TaxExemptBondsArbitrageGrp>
      <ProceduresCorrectiveActionGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <ProceduresCorrectiveActionInd>false</ProceduresCorrectiveActionInd>
      </ProceduresCorrectiveActionGrp>
    </IRS990ScheduleK>
    <IRS990ScheduleO documentId="RetDoc6">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990</FormAndLineReferenceDesc>
        <ExplanationTxt>PART IX, LINE 4 - RETIREMENT OF CAPITAL CREDITS DISCLOSED REPRESENT THE RETIREMENT OF PATRONAGE CAPITAL ALLOCATED IN PRIOR YEARS WHICH WERE PAID TO MEMBERS IN THE CURRENT YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 4D</FormAndLineReferenceDesc>
        <ExplanationTxt>PROVIDED ELECTRIC SERVICE TO AN AVERAGE OF 74,168 CUSTOMERS IN THE RURAL AREAS OF BALDWIN AND MONROE COUNTIES IN ALABAMA.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>MEMBER OWNED CORPORATION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 7B</FormAndLineReferenceDesc>
        <ExplanationTxt>BYLAW CHANGES, ELECTION OF BOARD OF DIRECTORS AND SALE OF COOPERATIVE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>MANAGEMENT PRESENTS THE TAX RETURN TO THE BOARD FOR REVIEW PRIOR TO FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>OFFICER, DIRECTORS OR TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO NOTIFY MANAGEMENT OR THE BOARD AS POTENTIAL CONFLICTS ARISE. THE CORPORATION REVIEWS ALL PAYMENTS AND EACH SUPERVISOR DETERMINES IF A POTENTIAL CONFLICT SHOULD BE CONSIDERED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CORPORATION USES AN INDEPENDENT CONSULTANT WHO PRESENTS A COMPENSATION COMPARISION FOR ALL POSITIONS AT THE CORPORATION; THIS COMPARISON IS THE BASIS FOR COMPENSATION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CORPORATION USES AN INDEPENDENT CONSULTANT WHO PRESENTS A COMPENSATION COMPARISION FOR ALL POSITIONS AT THE CORPORATION; THIS COMPARISON IS THE BASIS FOR COMPENSATION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>DOCUMENTS ARE AVAILABLE FOR INSPECTION IN SUMMERDALE, AL UPON REQUEST. BYLAWS AND ANNUAL REPORT AVAILABLE ONLINE ON THE COMPANY WEBSITE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9</FormAndLineReferenceDesc>
        <ExplanationTxt>CHANGE IN MEMBERSHIPS 7,945 UNCLAIMED CAPITAL CREDIT CHECKS -238,599 TOTAL -230,654</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc7">
      <IdRelatedTaxExemptOrgGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>BALDWIN CO ELECT MEMBER CHARITABLE</BusinessNameLine1Txt>
          <BusinessNameLine2Txt>FOUNDATION INC</BusinessNameLine2Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>P O BOX 220</AddressLine1Txt>
          <CityNm>SUMMERDALE</CityNm>
          <StateAbbreviationCd>AL</StateAbbreviationCd>
          <ZIPCd>36580</ZIPCd>
        </USAddress>
        <EIN>200654595</EIN>
        <PrimaryActivitiesTxt>CHARITABLE</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>AL</LegalDomicileStateCd>
        <ExemptCodeSectionTxt>501C</ExemptCodeSectionTxt>
        <PublicCharityStatusTxt>7</PublicCharityStatusTxt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>NA</BusinessNameLine1Txt>
        </DirectControllingEntityName>
        <ControlledOrganizationInd>false</ControlledOrganizationInd>
      </IdRelatedTaxExemptOrgGrp>
      <ReceiptOfIntAnntsRntsRyltsInd>false</ReceiptOfIntAnntsRntsRyltsInd>
      <GiftGrntOrCapContriToOthOrgInd>true</GiftGrntOrCapContriToOthOrgInd>
      <GiftGrntCapContriFromOthOrgInd>false</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>false</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>false</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>false</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>false</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>false</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>false</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>false</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>false</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>true</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>false</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>false</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>false</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>false</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>false</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>false</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>false</TransferFromOtherOrgInd>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
          <BusinessNameLine1Txt>BALDWIN CO ELECT MEMBER CHARITABLE</BusinessNameLine1Txt>
          <BusinessNameLine2Txt>FOUNDATION</BusinessNameLine2Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>B</TransactionTypeTxt>
        <InvolvedAmt>358371</InvolvedAmt>
      </TransactionsRelatedOrgGrp>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
          <BusinessNameLine1Txt>BALDWIN CO ELECT MEMBER CHARITABLE</BusinessNameLine1Txt>
          <BusinessNameLine2Txt>FOUNDATION</BusinessNameLine2Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>L</TransactionTypeTxt>
        <InvolvedAmt>167172</InvolvedAmt>
      </TransactionsRelatedOrgGrp>
    </IRS990ScheduleR>
  </ReturnData>
</Return>