2018-08-31T17:22:07-07:00 2017-12-31 273625988 Goff & Herrington PC PO Box 153320 Lufkin TX 75915 990 2017-01-01 752187855 East Texas Electric Cooperative Inc EAST 9365609532 PO Box 631623 Nacogdoches TX 75963 Carrie Hawkins CFO 2018-08-31 true Ronnie Herrington CPA P00028527 9368753317 2017 2022-09-23 18:48:47Z 264597368 false false X www.etec.coop X 1987 TX Sale of wholesale power to its three members on a cooperative basis. 20 20 7 0 0 259652262 253682261 2504645 2957107 7809255 7958000 269966162 264597368 0 0 1405219 1314144 0 0 258132131 253441097 259537350 254755241 10428812 9842127 987677203 962027598 880135043 844672688 107542160 117354910 Sale of wholesale power to its three members on a cooperative basis. false false Provides wholesale power to its three member cooperatives, who each provide power to their respective distribution cooperative members. false false false false false false false false false true false false false false 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 false false false true 38 0 true 7 true false false false false false false false false false 251147269 13450099 false false false X 20 20 false false false false true true true true true false false true true true true true true true true false X Carrie Hawkins 9365609532 2905 Westward Dr Nacogdoches TX 759631623 Wes Barron Director 3.00 0.00 X 13750 0 0 Mark Tamplin Manager/Direct 2.00 0.00 X 0 0 0 Kathy Wood Manager/Direct 3.00 0.00 X 0 0 0 Sam Allison Director 5.00 0.00 X 13750 0 0 Basel Gibbs Director 2.00 0.00 X 13750 0 0 Steve Delaughter Director 4.00 0.00 X 13750 0 0 Frankie B King Director 3.00 0.00 X 13200 0 0 Robert Walker asst s/t 4.00 0.00 X X 0 0 0 Dan Courmier Director 3.00 0.00 X 13200 0 0 Robert Boyd Director 5.00 0.00 X 13750 0 0 JP Dobbs Jr Director 4.00 0.00 X 13750 0 0 Kyle Kuntz Vice President 9.00 0.00 X X 0 0 0 Debra Robinson President 3.00 0.00 X X 0 0 0 Pat Lindley Director 2.00 0.00 X 13750 0 0 Mark Boyd Manager/Direct 9.00 0.00 X 0 0 0 Greg Jones sec/treas 2.00 0.00 X X 0 0 0 Doug Turk Manager/Direct. 3.00 0.00 X 0 0 0 Pat Brown Director 7.00 0.00 X 13750 0 0 Kathi Calvert Manager/Direct 3.00 0.00 X 0 0 0 Richard McLeon Manager/Direct 1.00 0.00 X 0 0 0 Michael Thomas GM/CEO 40.00 0.00 X 267641 0 141952 Lawrence Williams VP Engineering 40.00 0.00 X 136578 0 85246 Carrie Hawkins CFO 40.00 0.00 X 135791 0 48649 676410 275847 3 false true false Archer Western Construction LLC 1411 Greenway Drive Irving TX 75038 Construction 15303037 Plum Point Services Company LLC PO Box 567/2732 SCR 623 Osceola AR 72370 Power Plant Services 4870580 Holland & Knight 800 17th Street NW Suite 1100 Washington DC 20006 Legal 4534309 Sam Houston Electric CoopInc P O Box 426 Livingston TX 773510426 O&M substations, net 3563686 GDS Associates 1850 Parkway Place Suite 800 Marietta GA 30067 Engineer Consultants 3553033 31 0 Electric Energy 221000 251147269 251147269 Patronage Capital 221000 2534992 2534992 253682261 2957107 2957107 0 0 0 0 0 0 0 ERCOT Revenue 221000 102000 102000 Sellback Revenue 221000 4006126 4006126 Transmission Revenue 221000 3800917 3800917 48957 48957 7958000 264597368 261640261 2957107 0 0 0 0 861947 0 210044 49676 146328 46149 33167 4819526 452086 180000 0 0 2935760 0 109443 0 0 0 110074 0 41258 28988122 0 36213113 38301 Purchase of Electric Power 61984550 Purchase of Fuel 52743196 Operating Expenses-Productio 33459237 Transmission 31275323 57941 254755241 0 0 0 8313617 4829081 84625941 66431903 0 26388638 25827028 0 0 0 15417358 13807258 171784803 161795360 904117471 248587648 646949033 655529823 0 0 34197813 33807145 0 0 987677203 962027598 31250854 33051266 194532 848689657 811621422 880135043 844672688 X 15000 107527160 117354910 107542160 117354910 987677203 962027598 X 9842127 -14377 -15000 X false true X true false 904117471 248587648 655529823 655529823 Patronage Capital 5923500 C Memberships 2000 C CFC Capital Term Certificates 2491438 C CFC LCTC - Turk 13855993 C Patronage Capital - Cobank 1196872 C CFC LCTC - Lake Liv 334865 C CFC LCTC - Plum Point 3524867 C CFC LTC- Woodville 6477610 C X 264597368 264597368 264597368 254755241 254755241 254755241 Part X : FIN48 Footnote 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. For federal income tax purposes the tax returns essentially remain open for possible examination for a period of three years after the date on which those returns are filed. X X X false false false Carrie Hawkins CFO 135517 274 22324 26325 184440 Lawrence Williams VP Engineering 134844 1734 59006 26240 221824 Michael Thomas GM/CEO 266792 849 114002 27950 409593 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Members consist of three 501(C)(12) tax exempt generation and transmission cooperatives - Sam Rayburn Electric G&T, Tex-La Electric G&T, and Northeast Texas Electric G&T. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body THE THREE RESPECTIVE MEMBERS ELECT THE GOVERNING BODY FROM INDIVIDUALS WHO HAVE BEEN SUBMITTED TO THE MEMBERS FOR CONSIDERATION AT THE ANNUAL MEETING. INDIVIDUALS SUBMITTED FOR ELECTION MUST MEET CERTAIN QUALIFICATIONS AND MUST BE SELECTED BY ELECTRIC COOPERATIVE ENTITIES THAT ARE MEMBERS OF THE THREE RESPECTIVE MEMBERS. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders The member appointed governing body with representation from each member cooperative has the authority to approve decisions and govern the organization. Form 990, Part VI, Line 11b: Form 990 Review Process The Board of Directors determines whether the Form 990 will be reviewed by all directors, an existing committee, or a special committee appointed for such purpose prior to filing. Once the return is completed, it is provided to the directors or the committee responsible for reviewing. Employees of the cooperative responsible for filing are available to respond to questions or provide background as needed. Once the directors responsible for reviewing the Form 990 are satisfied it is complete, the return is filed. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Annually each Director must complete and sign a conflict of interest statement disclosing any known conflicts of interest. If any potential conflicts are noted, the Governing Body is notified, reviews, and is responsible for enforcing the policy. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The organization has a certified public accountant compile comparability data for salary information for all employees. The compensation committee of the organization utilizes this data along with other information to set and approve annual salaries. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The organization has a certified public accountant compile comparability data for salary information for all employees. The compensation committee of the organization utilizes this data along with other information to set and approve annual salaries. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The cooperative's governing documents, conflicts of interest policy and financial statements are available to the public by submitting a written request to the cooperative. Other Changes In Net Assets Or Fund Balances - Other Decreases Reduction in memberships = -$15000