2025-10-29T18:06:03-04:00 2025-06-30 620808829 WINNETT ASSOCIATES PLLC PO BOX 745 SHELBYVILLE TN 371620745 990 2024-07-01 620395590 VOLUNTEER ENERGY COOPERATIVE VOLU 4233341020 P O BOX 277 DECATUR TN 37322 DION COOPER PRESIDENT/CEO 4233341020 2025-10-27 true true PATRICK R LILE P01067422 9316847142 2025-10-27 X 2024 2025-03-06 01:10:19Z DION COOPER PO BOX 277 DECATUR TN 37322 314777815 false X WWW.VEC.ORG X 1935 TN TO PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO RURAL AREAS. THE COOPERATIVE SERVICES 129,672 CUSTOMERS. 12 12 178 0 0 275744932 308374215 1724157 1404408 4655629 4999192 282124718 314777815 0 0 13565827 13878075 0 0 265378986 291074947 278944813 304953022 3179905 9824793 386525774 394535034 81814971 79105467 304710803 315429567 NONE false false TO PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO RURAL AREAS. THE COOPERATIVE SERVICES 129,672 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 true true true false true 115 0 178 true false false false false false 308371050 1404408 false false false X 12 12 false false false false true true false true true false false true true true true true true true true false X MARK VERSTYNEN 4233341020 18359 HWY 58 NORTH DECATUR TN 37322 AUBIE SMITH CHAIRMAN 3.00 0.50 X X 13504 0 0 WILLIAM J CAMPBELL VICE-CHAIRMA 5.00 2.00 X X 15124 0 0 SAMMY NORTON SECRETARY/TR 4.00 0.00 X X 15424 0 0 TIM HANDLER ASST SEC/TRE 10.00 0.00 X X 14824 0 0 DAVID J MILEN DIRECTOR 5.00 0.00 X 11224 0 0 MIKE FRAZIER DIRECTOR 3.00 1.00 X 15424 0 0 JERRY HENLEY DIRECTOR 1.00 0.00 X 16324 0 0 JOHN BUCHANAN DIRECTOR 2.00 0.00 X 17152 0 0 KENNETH CAREY JR DIRECTOR 19.00 1.25 X 21952 0 0 LARRY STORIE DIRECTOR 10.00 0.00 X 17524 0 0 KEITH PHILLIPS DIRECTOR 10.00 1.00 X 15052 0 0 PHILIP SMITH DIRECTOR 4.50 0.00 X 17524 0 0 DION COOPER PRESIDENT/CE 60.00 0.50 X 378575 0 50489 MARK VERSTYNEN VP ACCOUNTIN 55.00 1.00 X 190999 0 87143 MATTHEW TEAGUE VP OF ENGINE 55.00 0.00 X 195428 0 52408 KAREN DAVIS VP OF INFO. 50.00 0.00 X 177607 0 81675 JASON DYE VP OF SYSTEM 55.00 X 152775 0 72970 DANIEL TUTTLE LINEMAN 59.00 X 161831 0 24631 DUSTIN BATES LINEMAN 66.00 X 200725 0 24791 MICHAEL BICE LINEMAN 66.00 X 191102 0 25227 WENDELL TERRELL LINEMAN 63.00 X 171638 0 24631 BYRON ZEIGLER SUBSTATION F 60.00 X 175402 0 26979 2187134 470944 83 false true false SERVICE ELECTRIC COMPANY PO BOX 277790 ATLANTA GA 30384 LINE CONSTRUCTI 9636995 WAKENDALL AND COMPANY LLC PO BOX 831 LAWRENCEVILLE GA 30046 ROW TRIMMING 6062568 MPS LLC PO BOX 3178 CLEVELAND TN 37320 LINE CONSTRUCTI 5242934 GALLOWAY CONSTRUCTION LLC PO BOX 69 SUNBRIGHT TN 37872 FIBER CONSTRUCT 2053922 T COM LLC PO BOX 567 PORTLAND TN 37148 FIBER CONSTRUCT 1219212 13 SALE OF ELECTRIC ENERGY 221000 308118790 308118790 NATURAL GAS SALES 221000 140588 140588 MISCELLANEOUS PROGRAM SERVICE 221000 114837 114837 308374215 1365764 1365764 4999192 4999192 4999192 4999192 38644 38644 38644 38644 314777815 308412859 6364956 1344836 10593692 937951 1001596 172013 53850 96409 63476 1222021 2431294 180229 22030485 882390 COST OF POWER 238046031 DISTRIBUTION EXPENSE 15511579 ADMINISTRATIVE AND GENERA 5406228 ALL OTHER EXPENSES 2815099 2163843 304953022 0 0 0 10271397 56277 26461282 18604160 26906856 26169951 6131622 6135695 13166100 13673220 901239 1067583 650725977 325541828 299334122 325184149 3353156 3643999 386525774 394535034 62505123 60658829 5176105 3819956 14133743 14626682 81814971 79105467 X 496530 504465 304214273 314925102 304710803 315429567 386525774 394535034 X 9824793 893971 X false true X false true true 4098049 4098049 27893334 9982758 17910576 589395861 315559070 273836791 29338733 29338733 325184149 CUSTOMER DEPOSITS 8181714 ADVANCES FROM TVA 4973678 OTHER CURRENT LIABILITIES 1471290 14626682 314777815 314777815 314777815 304953022 304953022 304953022 X X false false false DION COOPER PRESIDENT/CEO 370000 8575 32400 18089 429064 MARK VERSTYNEN VP ACCOUNTING & FINA 190234 765 69054 18089 278142 MATTHEW TEAGUE VP OF ENGINEERING 185004 10424 34319 18089 247836 KAREN DAVIS VP OF INFO. TECH. 174241 3366 63621 18054 259282 JASON DYE VP OF SYSTEM OPS 147960 4815 55149 17821 225745 DANIEL TUTTLE LINEMAN 161687 144 8182 16449 186462 DUSTIN BATES LINEMAN 200545 180 8827 15964 225516 MICHAEL BICE LINEMAN 190994 108 8778 16449 216329 WENDELL TERRELL LINEMAN 171494 144 8182 16449 196269 BYRON ZEIGLER SUBSTATION FOREMAN 175222 180 10530 16449 202381 FORM 990, PART VI THE COOPERATIVE'S PURCHASING POLICY REQUIRES ALL BIDS FOR EQUIPMENT, MATERIAL, AND CONTRACT LABOR THAT EXCEEDS 25,000 TO BE APPROVED BY THE BOARD OF DIRECTORS. THIS WOULD INCLUDE A MULIT-YEAR CONTRACT THAT EXCEEDS 25,000. FORM 990, PAGE 6, PART VI, LINE 6 VOLUNTEER ENERGY COOPERATIVE HAS 129,672 MEMBERS TO WHOM IT PROVIDES ELECTRICITY. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS OF VOLUNTEER ENERGY COOPERATIVE ELECT THE BOARD MEMBERS ANNUALLY THROUGH A DEMOCRATIC PROCESS. FORM 990, PAGE 6, PART VI, LINE 11B THE INDEPENDENT CPA FIRM THAT PREPARES THE FORM WILL REVIEW THE ORGANIZATION'S FORM 990 WITH THE BOARD OF DIRECTORS BEFORE IT IS SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C A CONFLICT OF INTEREST QUESTIONNAIRE FORM IS SENT OUT TO THE BOARD OF DIRECTORS, THE VICE PRESIDENTS, AND THE AREA MANAGERS TO COMPLETE AND SIGN EACH YEAR. ALSO, ANY MAJOR PURCHASES OF 10,000.00 OR MORE MUST BE APPROVED BY THE ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE PRESIDENT/CEO ON AN ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION FOR THE OFFICERS OF VEC ON AN ANNUAL BASIS. THE OFFICERS DETERMINE THE COMPENSATION FOR THE REST OF THE STAFF. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE LOCAL OFFICE. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE PRESIDENT/CEO. FORM 990, PART XI, LINE 9 CY ACTUARIAL LOSS - PENSION -938,818 DIFFERENCE IN ROA - PENSION 876,845 SETTLEMENT LOSS - PENSION -70,929 CY ACTUARIAL GAIN - OPEB 11,329 AMORTIZATION OF ACTUARIAL LOSS - OPEB 1,007,609 CHANGE IN MEMBERSHIP 7,935 TOTAL 893,971 VEC CUSTOMERS SHARE INC PO BOX 277 DECATUR TN 37322 621861476 CHARITABLE TN 501C3 7 VEC true false false false false false false false false false false false true false true true false false true false VEC CUSTOMERS SHARE INC R 314615 VALUE OF CASH TRANSFERRED