ELECTRIC MEMBERSHIP CORP BALDWIN COUNTY ELECTRIC MEMBERSHIP CORP: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
ELECTRIC MEMBERSHIP CORP BALDWIN COUNTY ELECTRIC MEMBERSHIP CORP (EIN 63-0014658)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-05-04
IRS object ID
201621259349300142
Schema version
2015v2.1
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

FieldValueIRS element (for citing)
Return2016-05-04T10:24:18-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN631059654PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRUENLOH & ASSOCIATES PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 895AddressLine1Txt
CityROBERTSDALECityNm
State AbbreviationALStateAbbreviationCd
ZIP36567ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN630014658EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BALDWIN COUNTY ELECTRIC MEMBERSHIPBusinessNameLine1Txt
Business Name Line2CORPORATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlBALDBusinessNameControlTxt
Phone2519896247PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 220 19600 HIGHWAY 59AddressLine1Txt
CitySUMMERDALECityNm
State AbbreviationALStateAbbreviationCd
ZIP36580ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKAREN L MOOREPersonNm
Person TitleCEO AS OF 4/25/15PersonTitleTxt
Phone2519896247PhoneNum
Signature2016-05-03SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWAYNE A GRUENLOHPreparerPersonNm
PTINP00474885PTIN
Phone2519471040PhoneNum
Preparation2016-05-03PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKAREN L MOOREPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 220AddressLine1Txt
CitySUMMERDALECityNm
State AbbreviationALStateAbbreviationCd
ZIP36580ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$151,506,848GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.BALDWINEMC.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Legal Domicile StateALLegalDomicileStateCd
Activity Or MissionRURAL ELECTRIC COOPERATIVE SERVING BALDWIN AND MONROE COUNTIES IN ALABAMA.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee233TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$154,854,466PYProgramServiceRevenueAmt
CY Program Service Revenue$148,203,430CYProgramServiceRevenueAmt
PY Investment Income$356,221PYInvestmentIncomeAmt
CY Investment Income$91,178CYInvestmentIncomeAmt
PY Other Revenue$3,149,559PYOtherRevenueAmt
CY Other Revenue$3,212,240CYOtherRevenueAmt
PY Total Revenue$158,360,246PYTotalRevenueAmt
CY Total Revenue$151,506,848CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$3,130,996PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$2,423,537CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,923,176PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,352,741CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$151,161,149PYOtherExpensesAmt
CY Other Expenses$145,911,599CYOtherExpensesAmt
PY Total Expenses$156,215,321PYTotalExpensesAmt
CY Total Expenses$150,687,877CYTotalExpensesAmt
PY Revenues Less Expenses$2,144,925PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$818,971CYRevenuesLessExpensesAmt
Total Assets BOY$284,120,116TotalAssetsBOYAmt
Total Assets EOY$279,944,319TotalAssetsEOYAmt
Total Liabilities BOY$170,619,559TotalLiabilitiesBOYAmt
Total Liabilities EOY$165,183,262TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$113,500,557NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$114,761,057NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionRURAL ELECTRIC COOPERATIVE SERVING BALDWIN AND MONROE COUNTIES IN ALABAMA.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescPROVIDED ELECTRIC SERVICE TO AN AVERAGE OF 71,091 CUSTOMERS IN THE RURAL AREAS OF BALDWIN AND MONROE COUNTIES IN ALABAMA.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
DescPROVIDED ELECTRIC SERVICE TO AN AVERAGE OF 71,091 CUSTOMERS IN THE RURAL AREAS OF BALDWIN AND MONROE COUNTIES IN ALABAMA.Desc
FieldValueIRS element (for citing)
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstYes (true)ReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Loan OutstandingYes (true)LoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document90IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee233EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Members And Shr Gross Income$148,203,430MembersAndShrGrossIncomeAmt
Other Sources Gross Income$3,303,419OtherSourcesGrossIncomeAmt
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BALDWIN EMCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2519896247PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line119600 HIGHWAY 59AddressLine1Txt
CitySUMMERDALECityNm
State AbbreviationALStateAbbreviationCd
ZIP36580ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
PEGGY VANOVER-BARNES
PRESIDENT33.500.00Yes (X)Yes (X)$61,141$0$13,661
ROBERT KAISER
DIRECTOR15.940.00Yes (X)$48,410$0$13,470
JOSEPH COLEMAN
DIRECTOR22.040.00Yes (X)$46,310$0$13,661
CHAD GRACE
DIRECTOR14.100.00Yes (X)$46,266$0$13,686
TOMMIE WERNETH
VICE-PRESIDE16.810.00Yes (X)Yes (X)$44,210$0$13,644
AUBURY L FULLER
DIRECTOR10.640.00Yes (X)$43,510$0$13,596
JIMMY LAFOY
SECRETARY/TR14.520.00Yes (X)Yes (X)$41,421$0$13,661
E A JAKINS JR
CEO - OUTGOI15.000.00Yes (X)$621,180$0$165,660
KAREN L MOORE
CEO AS OF 4/52.002.00Yes (X)$255,555$0$67,795
ALAN L SCHOTT
VP FIN/ACC50.000.00Yes (X)$185,819$0$69,417
WILLIAM JODY TAYLOR
VP OPERATION50.000.00$195,418$0$69,414Yes (X)
A CLYDE ABRAMS
VP ADMIN SER50.000.00$204,812$0$72,470Yes (X)
STEVEN KENT IRVIN
VP ENGINEERI50.000.00$160,055$0$58,025Yes (X)
SUE CAMPBELL
MANAGER HR50.000.00$146,976$0$50,525Yes (X)
W BRIAN SEALS
MANAGER ENGI45.000.00$129,216$0$51,008Yes (X)
DOUG BYRD
MANAGER SYST50.000.00$122,443$0$52,353Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,352,742TotalReportableCompFromOrgAmt
Total Other Compensation$752,046TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K9IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
MDR CONSTRUCTION
621 EAST BAYLIS CHAPEL RDCOLUMBIAMS39429OVHD CONDUCTOR$986,755
RYLAND'S UNDERGROUND SERVICE
P O BOX 1265FAIRHOPEAL36533WIRE REPAIR$734,855
OSMOSE UTILITIES SERVICES
PO BOX 8000BUFFALONY14267POLE INSPECTION$583,572
NISC
P O BOX 1147MANDANND58554SOFTWARE & SUPP$393,970
BHA
PO BOX 4467BATON ROUGELA70821ENGINEERING$364,828
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K14CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
ELECTRIC SALES221000$147,536,598$147,536,598
POLE ATTACHMENTS221000$666,832$666,832
FieldValueIRS element (for citing)
Total Program Service Revenue$148,203,430TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$91,178TotalRevenueColumnAmt
Exclusion$91,178ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
CAPITAL CREDITS221000$3,142,927$3,142,927
OTHER NON OPERATING INCOME221000$69,313$69,313
FieldValueIRS element (for citing)
Other Revenue Total$3,212,240OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$151,506,848TotalRevenueColumnAmt
Exclusion$151,506,848ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$2,423,537TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,589,240TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$763,501TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$5,023,469TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$10,261,447TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
COST OF POWER$102,932,802
DISTRIBUTION- MAINTENANCE$9,468,548
ADMINISTRATIVE & GENERAL$5,242,582
CONSUMER ACCOUNTS$4,706,245

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$8,276,506TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$150,687,877TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$10,767,928BOYAmt
EOY$3,328,321EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$14,607,868BOYAmt
EOY$13,075,465EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$235EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$5,707,169BOYAmt
EOY$6,067,494EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$84,392BOYAmt
EOY$83,726EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$268,138,122LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$73,608,304LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$192,223,138BOYAmt
EOY$194,529,818EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$53,600,025BOYAmt
EOY$56,570,909EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,129,596BOYAmt
EOY$6,288,351EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$284,120,116BOYAmt
EOY$279,944,319EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$18,074,229BOYAmt
EOY$16,338,391EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,040,709BOYAmt
EOY$6,879,083EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$133,232,082BOYAmt
EOY$127,529,461EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,272,539BOYAmt
EOY$14,436,327EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$170,619,559BOYAmt
EOY$165,183,262EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$270,945BOYAmt
EOY$276,210EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$113,229,612BOYAmt
EOY$114,484,847EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$113,500,557BOYAmt
EOY$114,761,057EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$284,120,116BOYAmt
EOY$279,944,319EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$818,971ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$441,529OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$268,138,122InvestmentCostOrOtherBasisAmt
Depreciation$73,608,304DepreciationAmt
Book Value$194,529,818BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$194,529,818TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (12 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
PATRONAGE CAP - POWERSOUTH$52,320,304C
PATRONAGE CAP - GRESCO$1,595,476C
INVESTMENT - NRUCFC$1,084,633C
INVESTMENT - FED. RURAL ELECTRIC INS$500,450C
INVESTMENT - CO-BANK$495,322C
PATRONAGE CAP - NRUCFC$269,554C
PATRONAGE CAP - UNITED UTILITY$219,372C
PATRONAGE CAP - NISC$64,467C
ECONOMIC DEVELOPMENT PROJECTS$14,005C
PATRONAGE CAP - ARKANSAS ELECTRIC$5,158C
PATRONAGE CAP - NRTC$1,168C
INVESTMENT - NRTC$1,000C
FieldValueIRS element (for citing)
Total Book Value Program Rltd$56,570,909TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
CONSUMER DEPOSITS$6,419,720
POSTRETIREMENT BENEFITS$5,512,145
LINE OF CREDIT$2,000,000
OTHER DEFERRRED CREDITS$504,462
FieldValueIRS element (for citing)
Total Liability$14,436,327TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$151,506,848TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$151,506,848RevenueSubtotalAmt
Total Revenue Per Form990$151,506,848TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$148,264,340TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$148,264,340ExpensesSubtotalAmt
Other Expenses Not Included$2,423,537OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$2,423,537ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$150,687,877TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 4, PART XII, LINE 4BFormAndLineReferenceDesc
ExplanationRETIREMENT OF CAPITAL CREDITS PAID 2,423,537ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Independent ConsultantYes (X)IndependentConsultantInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmount
E A JAKINS JR
CEO - OUTGOING$535,800$85,380$150,312$15,348$786,840
KAREN L MOORE
CEO AS OF 4/25/15$235,732$14,460$52,787$15,008$323,350$5,363
ALAN L SCHOTT
VP FIN/ACC$180,090$540$54,348$15,069$255,236$5,189
WILLIAM JODY TAYLOR
VP OPERATIONS$179,775$7,373$54,345$15,069$264,832$8,270
A CLYDE ABRAMS
VP ADMIN SERVICES$189,533$11,198$57,337$15,133$277,282$4,081
STEVEN KENT IRVIN
VP ENGINEERING$141,664$12,838$43,194$14,831$218,080$5,553
SUE CAMPBELL
MANAGER HR$140,100$6,326$43,347$7,178$197,501$550
W BRIAN SEALS
MANAGER ENGINEERING$115,756$9,454$36,324$14,684$180,224$4,006
DOUG BYRD
MANAGER SYSTEM CONTR$114,602$4,661$35,833$16,520$174,796$3,180

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1GULF OPPORTUNITY ZONE BONDSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issued2008-07-01BondIssuedDt
Issue Price$7,900,465IssuePriceAmt
DefeasedfalseDefeasedInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Pool FinancingfalsePoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Capital Expenditures$7,900,465CapitalExpendituresAmt
Substantial Completion2008SubstantialCompletionYr
Current RefundingfalseCurrentRefundingInd
Advance RefundingfalseAdvanceRefundingInd
Final Allocation MadeYes (true)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (true)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed PropertyfalseOwningBondFinancedPropertyInd
Any Lease ArrangementsYes (true)AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropfalseMgmtContractBondFincdPropInd
Any Research AgreementsfalseAnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt TestfalseBondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed PropfalseChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (true)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T FiledfalseForm8038TFiledInd
Rebate Not Due YetfalseRebateNotDueYetInd
Exception To RebatefalseExceptionToRebateInd
No Rebate DuefalseNoRebateDueInd
Variable Rate IssuefalseVariableRateIssueInd
Hedge Identified In Bks And RecfalseHedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GICfalseGrossProceedsInvestedInGICInd
Gross Proceeds InvestedfalseGrossProceedsInvestedInd
Written Proc To Monitor ReqsfalseWrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionfalseProceduresCorrectiveActionInd

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonSUE CAMPBELLPersonNm
Relationship With OrgMANAGER OF HRRelationshipWithOrgTxt
Loan PurposeCOMPUTER PURCHASELoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$1,230OriginalPrincipalAmt
Balance Due$235BalanceDueAmt
DefaultfalseDefaultInd
Board Or Committee ApprovalYes (true)BoardOrCommitteeApprovalInd
Written AgreementYes (true)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$235TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990PART 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.
FORM 990, PAGE 2, PART III, LINE 4DPROVIDED ELECTRIC SERVICE TO AN AVERAGE OF 71,091 CUSTOMERS IN THE RURAL AREAS OF BALDWIN AND MONROE COUNTIES IN ALABAMA.
FORM 990, PAGE 6, PART VI, LINE 4BALDWIN COUNTY EMC ADDED ARTICLE 11 SECTION 9 OUTLINING CIRCUMSTANCES WHEN BINDING ARBITRATION FOR CLAIMS AND CONTROVERSIES BETWEEN THE COOPERATIVE AND A MEMBER ARE REQUIRED.
FORM 990, PAGE 6, PART VI, LINE 6MEMBER OWNED CORPORATION.
FORM 990, PAGE 6, PART VI, LINE 7ABOARD OF DIRECTORS ARE ELECTED BY THE MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 7BBYLAW CHANGES, ELECTION OF BOARD OF DIRECTORS AND SALE OF COOPERATIVE.
FORM 990, PAGE 6, PART VI, LINE 11BMANAGEMENT PRESENTS THE TAX RETURN TO THE BOARD FOR REVIEW PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12COFFICER, 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.
FORM 990, PAGE 6, PART VI, LINE 15ATHE CORPORATION USES AN INDEPENDENT CONSULTANT WHO PRESENTS A COMPENSATION COMPARISION FOR ALL POSITIONS AT THE CORPORATION; THIS COMPARISON IS THE BASIS FOR COMPENSATION.
FORM 990, PAGE 6, PART VI, LINE 15BTHE CORPORATION USES AN INDEPENDENT CONSULTANT WHO PRESENTS A COMPENSATION COMPARISION FOR ALL POSITIONS AT THE CORPORATION; THIS COMPARISON IS THE BASIS FOR COMPENSATION.
FORM 990, PAGE 6, PART VI, LINE 19DOCUMENTS ARE AVAILABLE FOR INSPECTION IN SUMMERDALE, AL UPON REQUEST. BYLAWS AND ANNUAL REPORT AVAILABLE ONLINE ON THE COMPANY WEBSITE.
FORM 990, PART XI, LINE 9CHANGE IN MEMBERSHIPS 5,265 UNCLAIMED CAPITAL CREDIT CHECKS 436,264 TOTAL 441,529

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1BALDWIN CO ELECT MEMBER CHARITABLEBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O BOX 220AddressLine1Txt
CitySUMMERDALECityNm
State AbbreviationALStateAbbreviationCd
ZIP36580ZIPCd
FieldValueIRS element (for citing)
EIN200654595EIN
Primary ActivitiesCHARITABLEPrimaryActivitiesTxt
Legal Domicile StateALLegalDomicileStateCd
Exempt Code Section501CExemptCodeSectionTxt
Public Charity Status7PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Business Name Line2OtherOrganizationName/BusinessNameLine2TxtTransaction TypeTransactionTypeTxtInvolvedInvolvedAmt
BALDWIN CO ELECT MEMBER CHARITABLE
FOUNDATIONB$345,280
BALDWIN CO ELECT MEMBER CHARITABLE
FOUNDATIONL$121,292

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