2012-03-01T11:28:17-06:00 2011-06-30 WINNETT ASSOCIATES PLLC P O BOX 745 SHELBYVILLE TN 37162 990 2010-07-01 620293472 MIDDLE TENNESSEE ELECTRIC MEMBERSHIP CORPORATION MIDD 6154941551 555 NEW SALEM ROAD MURFREESBORO TN 37129 FRANK JENNINGS 6154941551 2012-03-01 1 PATRICK R LILE 9316847142 X 2010 2016-02-24 21:20:13Z FRANK JENNINGS 555 NEW SALEM ROAD MURFREESBORO TN 37129 526446906 0 X WWW.MTEMC.COM X 1936 TN RURAL ELECTRICITY DISTRIBUTION 11 11 390 0 0 0 0 0 456055276 521471099 593267 565424 239029 1159211 456887572 523195734 0 0 0 0 23498114 28190077 0 0 0 414353046 463622447 437851160 491812524 19036412 31383210 407444126 465771144 130349695 149505424 277094431 316265720 NONE 0 0 RURAL ELECTRICITY DISTRIBUTION TO APPROXIMATELY 186,000 MEMBERS LOCATED IN RUTHERFORD, WILSON, CANNON, MAURY, SMITH, TROUSDALE, DEKALB, AND WILLIAMSON COUNTIES IN MIDDLE TENNESSEE. 0 0 0 0 0 0 0 0 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 0 0 1 116 0 1 390 1 0 0 0 0 0 521471098 1375938 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 6.60 X X 15483 0 0 CHARLES BOWMAN 4.30 X 13046 0 0 JAMES E MILLS 5.80 X 12766 0 0 RICHARD D SMITH 4.80 X 14527 0 0 GLORIA O' STEEN 11.60 X 14609 0 0 LUTHER LENNING 4.00 X 12429 0 0 MIKE WOODS 5.60 X X 14417 0 0 BILL GIDDENS 3.70 X 12299 0 0 DAVID LEE 4.80 X 14444 0 0 STEVE SEGER 3.20 X 12382 0 0 WILL JORDAN 8.90 X X 14108 0 0 C FRANK JENNINGS 60.00 X 279443 0 110866 BERNIE STEEN 45.00 X 158814 0 60115 TOM SUGGS 45.00 X 153095 0 75773 SHANNON KAPRIVE 50.00 X 161277 0 67554 CHRIS JONES 50.00 X 127629 0 34386 JOHN FLORIDA 50.00 X 148947 0 44652 JEFF GILL 40.00 X 146141 0 32431 RON WASHINGTON 60.00 X 119225 0 91138 KEN THRONEBERRY 42.00 X 147905 0 59920 DAN FLORIDA 80.00 X 145685 0 49385 1738671 0 626220 24 0 1 0 DELOITTE CONSULTING LLP PO BOX 7247-6447 PHILADELPHIA PA 191706447 SOFTWARE CONSULTING AND CONSULTING 5741175 PIKE ELECTRIC LLC PO BOX 868 MOUNT AIRY NC 27030 LINE CONSTRUCTION 1503394 RANDY WHITEHEAD 412 W 14TH STREET COLUMBIA TN 38401 TREE TRIMMING/STUMP REMOVAL 1155996 COPE HUDSON SCARLETT REED & MCC 16 PUBLIC SQUARE NORTH MURFREESBORO TN 37130 LEGAL 415831 AVTEX SOLUTIONS 3500 AMERICAN BLVD WEST STE 350 BLOOMINGTON MN 55431 IT SUPPORT AND MAINTENANCE 252771 12 ELECTRIC REVENUES 221000 521471099 521471099 521471099 473241 473241 3599868 3248441 351427 351427 351427 94914 2731 92183 92183 92183 PATRONAGE CAPITAL 900099 807784 807784 807784 523195734 522278883 0 916851 1096984 17077168 4481474 4136560 1397891 359487 64886 2283592 4667042 3208392 14806013 COST OF ELECTRICITY SOL 420785339 CUSTOMER ACCOUNTS EXPEN 6954373 LINE MAINTENANCE EXPENS 5071588 LINE OPERATING EXPENSE 2821081 ADMINISTRATIVE AND INFO 2152652 448002 491812524 -1854603 3532804 8750022 30490431 31074442 35610595 7185011 7205412 3635254 3988214 5543297 5299169 519510653 168733256 347144758 350777397 4731888 5145238 1234057 23721884 407444126 465771144 26762070 46102862 64049697 61044619 39537928 42357943 130349695 149505424 X 0 0 0 0 277094431 316265720 277094431 316265720 407444126 465771144 X 31383210 7788079 X 0 1 0 X 0 6110357 6110357 22186241 4501531 17684710 132560803 65709082 66851721 358653252 98522643 260130609 350777397 INTEREST RECEIVABLE 30000 POLE RENTS RECEIVABLE 1243849 ACCRUED UTILITY REVENUE 22448035 23721884 ADVANCES FROM TVA CONSERVATION LOANS 6540725 CUSTOMER DEPOSITS 9541637 ACCRUED LIABILITIES - POLE RENTALS 198369 ACCRUED LEAVE - VACATION 3067015 SALES TAX COLLECTIONS PAYABLE 900709 CAPITAL LEASE 411820 ACCRUED POST RETIREMENT BENEFITS OTHER THAN PENSIONS 21697668 42357943 523195734 491812524 31383210 7451679 336400 7788079 39171289 526444175 0 526444175 -3248441 -3248441 523195734 495060965 3248441 3248441 491812524 0 491812524 PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES IN PART VIII LINE 6B -3,248,441. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES IN PART VIII LINE 6B 3,248,441. PART XI LINE 8 - OTHER ADJUSTMENTS INCLUDE AMORTIZATION OF ACTUARIAL LOSS (FAS 106) POSTRETIREMENT LIABILITY OF $336,400. X X X 0 0 0 C FRANK JENNINGS 260905 0 0 0 18538 0 100593 0 10273 0 390309 0 0 0 BERNIE STEEN 153239 0 0 0 5575 0 49842 0 10273 0 218929 0 0 0 TOM SUGGS 145690 0 0 0 7405 0 65500 0 10273 0 228868 0 0 0 SHANNON KAPRIVE 149374 0 0 0 11903 0 57281 0 10273 0 228831 0 0 0 CHRIS JONES 121854 0 0 0 5775 0 24113 0 10273 0 162015 0 0 0 JOHN FLORIDA 136260 0 0 0 12687 0 34379 0 10273 0 193599 0 0 0 JEFF GILL 142016 0 0 0 4125 0 22158 0 10273 0 178572 0 0 0 RON WASHINGTON 114171 0 0 0 5054 0 80865 0 10273 0 210363 0 0 0 KEN THRONEBERRY 135532 0 0 0 12373 0 49647 0 10273 0 207825 0 0 0 DAN FLORIDA 131530 0 0 0 14155 0 39112 0 10273 0 195070 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: PRIOR PERIOD ADJUSTMENTS: 7,451,679. AMORTIZATION OF ACTUARIAL LOSS-POSTRETIREMENT BENEFIT OBLIGATION 336,400. TOTAL TO FORM 990, PART XI, LINE 5: 7,788,079. 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 821036 ACCRUAL