2013-01-28T10:25:12-06:00 2012-06-30 620808829 WINNETT ASSOCIATES PLLC P O BOX 745 SHELBYVILLE TN 37162 990 2011-07-01 620293472 MIDDLE TENNESSEE ELECTRIC MEMBERSHIP CORPORATION MIDD 6154941551 555 NEW SALEM ROAD MURFREESBORO TN 37129 FRANK JENNINGS 6154941551 2013-01-25 1 PATRICK R LILE P01067422 9316847142 X 2011 2016-03-07 17:11:31Z FRANK JENNINGS 555 NEW SALEM ROAD MURFREESBORO TN 37129 511467151 0 X WWW.MTEMC.COM X 1936 TN RURAL ELECTRICITY DISTRIBUTION 11 11 396 0 0 0 0 0 521471099 506772552 565424 453040 1159211 982914 523195734 508208506 0 0 0 0 28190077 28280175 0 0 0 463622447 460544281 491812524 488824456 31383210 19384050 465771144 489359590 149505424 160839820 316265720 328519770 NONE 0 0 RURAL ELECTRICITY DISTRIBUTION TO APPROXIMATELY 191,000 MEMBERS LOCATED IN RUTHERFORD, WILSON, CANNON, MAURY, SMITH, TROUSDALE, DEKALB, AND WILLIAMSON COUNTIES IN MIDDLE TENNESSEE. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 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 1 1 1 0 1 106 0 1 396 1 0 0 0 0 0 506772554 978097 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X BERNIE STEEN JR VP OF FINANCE 6154941551 555 NEW SALEM ROAD MURFREESBORO TN 37129 GORDON BONE 5.70 X X 15347 0 0 CHARLES BOWMAN 3.70 X 12662 0 0 JAMES E MILLS 6.50 X 12084 0 0 RICHARD D SMITH 7.10 X 14477 0 0 GLORIA O' STEEN 20.00 X 14229 0 0 LUTHER LENNING 5.00 X 12214 0 0 MIKE WOODS 5.70 X X 15077 0 0 BILL GIDDENS 3.00 X 12299 0 0 DAVID LEE 5.50 X 13982 0 0 STEVE SEGER 6.00 X 12909 0 0 WILL JORDAN 8.50 X X 14582 0 0 C FRANK JENNINGS 61.00 X 299211 0 110830 BERNIE STEEN 46.00 X 163904 0 65795 TOM SUGGS 46.00 X 157867 0 81181 SHANNON KAPRIVE 50.00 X 162285 0 68414 JOHN FLORIDA 50.00 X 155739 0 50031 CHRIS JONES 50.00 X 131036 0 36002 JEFF GILL 40.00 X 146740 0 56116 RON WASHINGTON 40.00 X 126597 0 84950 KEN THRONEBERRY 42.00 X 148219 0 63440 DANE APPALSAMMY 40.00 X 122875 0 22519 1764335 0 639278 27 0 1 0 DELOITTE CONSULTING LLP PO BOX 7247-6447 PHILADELPHIA PA 191706447 SOFTWARE CONSULTING 902873 COPE HUDSON SCARLETT REED & MCC 16 PUBLIC SQUARE NORTH MURFREESBORO TN 37130 LEGAL 361206 2 ELECTRIC REVENUES 221000 506772552 506772552 506772552 331931 331931 3715962 3250960 465002 465002 465002 128794 7685 121109 121109 121109 PATRONAGE CAPITAL 900099 517912 517912 517912 508208506 507290464 0 918042 1398541 16407726 4560004 4589817 1324087 404196 46000 2412435 4942218 2925209 17453852 COST OF ELECTRICITY SOL 412771251 LINE MAINTENANCE EXPENS 8899060 CUSTOMER ACCOUNTS EXPEN 6125082 LINE OPERATING EXPENSE 3022616 1542362 488824456 3532804 57375113 30490431 1336092 35610595 33380732 7205412 6706292 3988214 4050648 5299169 5250269 532278683 181137185 350777397 351141498 5145238 5315958 23721884 24802988 465771144 489359590 46102862 52039280 61044619 56711151 42357943 52089389 149505424 160839820 X 0 0 0 0 316265720 328519770 316265720 328519770 465771144 489359590 X 19384050 -7130000 X 0 1 0 X 0 6107057 6107057 22607743 4963143 17644600 134475696 70327729 64147967 369088187 105846313 263241874 351141498 INTEREST RECEIVABLE 30000 POLE RENTS RECEIVABLE 1359360 ACCRUED UTILITY REVENUE 23413628 24802988 ADVANCES FROM TVA CONS. LOANS 6094855 CUSTOMER DEPOSITS 10541402 ACCRUED LIABILITIES - POLE RENTALS 201600 ACCRUED LEAVE - VACATION 3145943 SALES TAX COLLECTIONS PAYABLE 863944 CAPITAL LEASE 284664 ACCRUED POST RETIREMENT BENEFITS OTHER THAN PENSIONS 30824650 PAYABLE FOR PLANT PURCHASES 132331 52089389 508208506 488824456 19384050 -7130000 -7130000 12254050 511459466 0 511459466 -3250960 -3250960 508208506 492075416 3250960 3250960 488824456 0 488824456 PART XI, LINE 8 - OTHER ADJUSTMENTS: AMORTIZATION OF ACTUARIAL LOSS-POSTRETIREMENT BENEFIT OBLIGATION 217,200. ACTUARIAL LOSS-POSTRETIREMENT BENEFIT OBLIGATION -7,347,200. TOTAL TO SCHEDULE D, PART XI, LINE 8: -7,130,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES IN PART VIII LINE 6B -3,250,960. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES IN PART VIII LINE 6B 3,250,960. X X X 0 0 0 C FRANK JENNINGS 276707 0 0 0 22504 0 100336 0 10494 0 410041 0 0 0 BERNIE STEEN 156867 0 0 0 7037 0 55301 0 10494 0 229699 0 0 0 TOM SUGGS 150239 0 0 0 7628 0 70687 0 10494 0 239048 0 0 0 SHANNON KAPRIVE 150300 0 0 0 11985 0 57920 0 10494 0 230699 0 0 0 JOHN FLORIDA 142617 0 0 0 13122 0 39537 0 10494 0 205770 0 0 0 CHRIS JONES 125040 0 0 0 5996 0 25508 0 10494 0 167038 0 0 0 JEFF GILL 141285 0 0 0 5455 0 45622 0 10494 0 202856 0 0 0 RON WASHINGTON 121522 0 0 0 5075 0 74456 0 10494 0 211547 0 0 0 KEN THRONEBERRY 134166 0 0 0 14053 0 52946 0 10494 0 211659 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THERE IS ONLY ONE CLASS OF MEMBERS. ALL MEMBERS HAVE THE RIGHT TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS (THE GOVERNING BODY OF MTEMC). FORM 990, PART VI, SECTION A, LINE 7A THERE IS ONLY ONE CLASS OF MEMBERS AND ALL MEMBERS MAY VOTE TO FILL VACANCIES ON THE BOARD OF DIRECTORS. DIRECTORS MUST BE MEMBERS AND ARE ELECTED BASED ON GEOGRAPHICAL LOCATIONS AS STATED IN THE BYLAWS. DIRECTORS SERVE THREE YEAR TERMS. FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS MAY BE ALTERED, AMENDED OR REPEALED BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 BOTH THE CONTROLLER AND VP OF FINANCE REVIEW FORM 990. THE VP OF FINANCE REVIEWS WITH PRESIDENT AND FINANCE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C MTEMC HAS SEVERAL POLICIES THAT ADDRESS CONFLICTS OF INTEREST. THESE POLICIES APPLY TO DIRECTORS AND EMPLOYEES AND ARE RENEWED ON AN ANNUAL BASIS. EMPLOYEES ARE TO REPORT CONFLICTS OF INTEREST TO THEIR SUPERVISORS. WHEN FAMILY MEMBERS OF DIRECTORS OR EMPLOYEES SEEK TO DO BUSINESS WITH MTEMC SEALED BIDS ARE REQUIRED. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR RESOLVING ANY DISPUTES CONCERNING CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE PRESIDENT IS DETERMINED BY ANNUAL REVIEW MADE BY THE PERFORMANCE AND APPRAISAL COMMITTEE. THE COMMITTEE'S RECOMMENDATION IS GIVEN TO THE FULL BOARD FOR APPROVAL. THE EVALUATION INCLUDES SALARY COMPARIBILITY DATA. BOARD APPROVAL IS DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE COOPERATIVE'S BYLAWS AND RULES AND REGULATIONS ARE MADE AVAILABLE ON OUR WEBSITE. GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY(S), AND FINANCIAL STATEMENTS ARE AVAILABLE TO OUR MEMBERS UPON REQUEST. SUMMARIZED FINANCIAL INFORMATION IS PUBLISHED ANNUALLY IN THE TENNESSEE MAGAZINE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: AMORTIZATION OF ACTUARIAL LOSS-POSTRETIREMENT BENEFIT OBLIGATION 217,200. ACTUARIAL LOSS-POSTRETIREMENT BENEFIT OBLIGATION -7,347,200. TOTAL TO FORM 990, PART XI, LINE 5: -7,130,000. PART VII, SECTION A, COLUMN B THE FOLLOWING IS A LIST OF THE ESTIMATED AVERAGE HOURS PER WEEK DEVOTED TO MIDDLE TENNESSEE ELECTRIC CUSTOMERS CARE, INC., A RELATED ORGANIZATION: FRANK JENNINGS 1 HR/WEEK BERNIE STEEN 1 HR/WEEK CHRIS JONES .5 HR/WEEK MIDDLE TENNESSEE ELECTRIC CUSTOMERS CARE 555 NEW SALEM ROAD MURFREESBORO TN 37129 431958410 ACCUMULATION AND DISBURSEMENT OF FUNDS FOR CHARITABLE PURPOSES. TN 501(C)(3) 9 N/A 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 MIDDLE TENNESSEE ELECTRIC CUSTOMERS CARE INC Q 845585 VALUE OF CASH TRANSFERRED