2013-07-29T08:46:14-05:00 2012-12-31 BRISCOE BURKE & GRIGSBY LLP 4120 EAST 51ST STREET SUITE 100 TULSA OK 741353633 990 2012-01-01 730199463 COTTON ELECTRIC COOPERATIVE INC COTT 5808753351 226 NORTH BROADWAY WALTERS OK 735721299 WARREN LANGFORD 5808753351 2013-07-18 true SEAN B DUNAHAY CPA 9187498337 2013-07-18 2012 2016-02-24 21:20:13Z 58649251 false X WWW.COTTONELECTRIC.COM X 1938 OK TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. 9 9 114 0 0 59833393 57876523 379872 417384 -20779 108488 60192486 58402395 0 3782805 3316472 491737 498741 0 0 56897211 55676026 61171753 59491239 -979267 -1088844 109215521 114387345 58688576 58561950 50526945 55825395 TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. false false PROVIDED ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. false false false false false false false false false true true false false true true true false false false false false false false false false false false false true false false false false false true false false false false false true false false true 171 0 114 true false false false false false 57876523 605505 false X 9 9 false false false false true true false true true false false true true true true true true true false false OK X THE COOPERATIVE 5808753351 226 NORTH BROADWAY WALTERS OK 73572 CHARLES SPENCER 5.00 X 11663 12441 0 DAVID BUTLER 5.00 X 19987 0 0 MARVIN SCHERLER 5.00 X 15835 0 0 TIM MCCARY 5.00 X 15807 0 0 DEWAYNE HIGH 5.00 X 15416 0 0 THOMAS J JONES JR 5.00 X 14336 0 0 RONNIE BOHOT 5.00 X 12699 0 0 SHAN FILES 5.00 X 7500 0 0 KEN LAYN 5.00 X 6750 0 0 WARREN LANGFORD 45.00 X 173636 0 65893 JEFF SIMPSON 45.00 X 96115 0 43104 389744 12441 108997 1 false true false UTILITY PLUS PO BOX 461 KINGFISHER OK 73750 CONSTRUCTION 1153890 NORTHEAST RURAL SERVICES PO BOX 948 VINITA OK 74301 RIGHT OF WAY 819106 D & R RIGHT OF WAY INC 2207 W PARKVIEW AVE DUNCAN OK 73533 RIGHT OF WAY 480942 NISC PO BOX 1147 MANDAN ND 58554 SOFTWARE SUPPOR 137548 4 SALES OF ELECTRICITY 57876523 57876523 57876523 308488 308488 143101 143101 143101 143101 116540 7644 108896 108896 108896 204599 239212 -34613 -34613 58402395 57876523 525872 3316472 498741 2189708 3401148 PURCHASED POWER 39404997 DISTRIBUTION 6249171 CONSUMER EXPENSE 1740960 GENERAL & ADMINISTRATIVE 1578875 1111167 59491239 0 0 0 563640 580202 934167 2804242 9249520 7710089 788662 787752 253383 33178 112647166 33881938 75208195 78765228 22217954 23706654 109215521 114387345 4834171 4685376 45521080 47246738 8333325 6629836 58688576 58561950 X 120665 119530 5231498 7761132 45174782 47944733 50526945 55825395 109215521 114387345 -1088844 6387294 X false true X true true true 353297 353297 3988444 390783 3597661 108305425 33491155 74814270 78765228 INVESTMENTS IN ASSOCIATED 23518416 NOTES RECEIVABLE 188238 23706654 POST-RETIREMENT BENEFIT OBLIGATION 5085554 CONSUMER DEPOSITS 1109336 EST. MEDICAL CLAIMS 225016 DEFERRED CREDIT - CREDIT BAL A/R 209836 RENEWABLE ENERGY 94 CONSUMER PREPAYMENTS 6629836 X 59869965 1467570 1467570 58402395 58402395 56174767 56174767 3316472 3316472 59491239 LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X INCOME TAXES THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. SIGNIFICANT REQUIREMENTS OF THESE STATUTES PROVIDE THAT AT LEAST 85 PERCENT OF INCOME CONSISTS OF AMOUNTS COLLECTED FROM MEMBERS FOR THE SOLE PURPOSE OF MEETING LOSSES AND EXPENSES. MANAGEMENT HAS CONSIDERED WHETHER THE COOPERATIVE HAS ANY UNCERTAIN TAX POSITIONS, EMBEDDED OR OTHERWISE, THAT WOULD MATERIALLY IMPACT THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES NO SUCH MATERIAL UNCERTAINTIES EXIST, THEREFORE NO PROVISION IS PROVIDED. THE TAX YEARS PRIOR TO 2009 GENERALLY ARE NOT SUBJECT TO EXAMINATION BY THE U.S. FEDERAL AND MOST STATE TAX AUTHORITIES. REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 2D ACCRUAL TO CASH CONVERSION OF PATRONAGE DIVIDENDS 1,322,708 EQUITY INCOME SUBSIDIARY 144,862 EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE DIVIDENDS - ALLOCATED 3,316,472 X X false false false WARREN LANGFORD 168064 5572 52302 13591 239529 CHARLES SPENCER DIRECTOR 12441 DIRECTOR OF WFEC G&T false CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A YES ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B REVIEW AND/OR APPROVAL BY BOARD. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD MEETS REGARDING THE POSSIBLE CONFLICT OF INTEREST AND IF IT IS DERTERMINED THAT A CONFLICT EXISTS, THE BOARD MEMBER IS ASKED TO RESIGN. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION PROCESS FOR TOP OFFICIAL WAGE RANGE STUDIES INCLUDE A COMPARISION OF WAGES AND SALARIES OF COMPARABLE POSITIONS IN THE LOCAL MARKET, COMPETITORS IN THE SAME INDUSTRY, NRECA COMPENSATION STUDIES, INDEPENDENT COMPENSATION STUDIES FROM COMPARABLE-SIZED COOPERATIVES, ETC. THESE COMPARISIONS ARE REVIEWED BY THE BUDGET COMMITTEE AND PRESENTED AND APPROVED BY THE BOARD OF DIRECTORS. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST RECONCILIATION OF CHANGES - OTHER FORM 990, PART XI, LINE 9 ACCRUAL TO CASH CONVERSION OF PATRONAGE DIVIDENDS 1,322,708 EQUITY INCOME SUBSIDIARY 144,862 PATRONAGE DIVIDENDS - ALLOCATED 3,316,472 OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 9 OTHER CHANGES IN EQUITY 510,602 CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME 2,019,032 DECREASE IN MEMBERSHIPS 1,135 RETIREMENT OF CAPITAL CREDITS 546,522 TRANSFERS TO OTHER EQUITIES 378,725 COTTON ELECTRIC CHARITABLE 226 N BROADWAY WALTERS OK 73572 700746327 DONATIONS OK 501C3 9 CEC COTTON ELECTRIC COOPERATIVE false COTTON ELECTRIC SERVICES INC 226 N BROADWAY WALTERS OK 73572 731250176 TESTING OK CEC COTTON ELECTRIC COOPERATIVE C CORP 817399 1079176 1.00000 false true true false false false false false false false true false false false false false false false true false COTTON ELECTRIC CHARITABLE FOUNDATI COTTON ELECTRIC CHARITABLE FOUNDATION B 70199 ACCRUAL COTTON ELECTRIC SERVICES INC Q 342090 ACCRUAL COTTON ELECTRIC SERVICES INC A ACCRUAL COTTON ELECTRIC SERVICES INC I 5800 ACCRUAL