2011-02-11T14:58:57-06:00 2010-06-30 WINNETT ASSOCIATES PLLC P O BOX 745 SHELBYVILLE TN 37162 990 2009-07-01 620293472 MIDDLE TENNESSEE ELECTRIC MEMBERSHIP CORPORATION MIDD 6154941551 555 NEW SALEM ROAD MURFREESBORO TN 37129 FRANK JENNINGS 6154941551 2011-02-09 1 PATRICK R LILE 9316847142 X 2009 2016-02-24 21:20:13Z FRANK JENNINGS 555 NEW SALEM ROAD MURFREESBORO TN 37129 460437338 0 X WWW.MTEMC.COM X 1936 TN RURAL ELECTRICITY DISTRIBUTION 11 11 382 0 0 0 0 495511476 456055276 1452514 593267 567712 239029 497531702 456887572 0 0 22355895 23498114 0 0 447404076 414353046 469759971 437851160 27771731 19036412 393415496 407444126 135693877 130349695 257721619 277094431 0 0 RURAL ELECTRICITY DISTRIBUTION TO APPROXIMATELY 184,000 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 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 1 125 0 1 382 1 0 0 0 0 0 456055277 1034273 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 3.50 X X 16871 0 0 Charles BOWMAN 5.00 X X 13266 0 0 JAMES E MILLS 5.00 X 12619 0 0 RICHARD D SMITH 4.80 X 14846 0 0 GLORIA O' STEEN 11.20 X 14186 0 0 LUTHER LENNING 10.00 X 12536 0 0 MIKE WOODS 5.80 X X 20331 0 0 BILL GIDDENS 4.00 X 12501 0 0 DAVID LEE 6.20 X 13856 0 0 STEVE SEGER 3.90 X 13361 0 0 WILL JORDAN 7.70 X X 14704 0 0 C FRANK JENNINGS 60.00 X 247273 0 87781 BERNIE STEEN 50.00 X 153941 0 56940 TOM SUGGS 46.00 X 150023 0 69238 SHANNON KAPRIVE 50.00 X 157398 0 61891 CHRIS JONES 50.00 X 127113 0 33191 JOHN FLORIDA 50.00 X 149083 0 35141 JEFF GILL 50.00 X 142498 0 133246 RON WASHINGTON 65.00 X 120775 0 82650 KEN THRONEBERRY 45.00 X 145314 0 57873 DAN FLORIDA 45.00 X 148540 0 110033 1701035 0 727984 24 0 1 0 PIKE ELECTRIC INC PO BOX 1000 MEMPHIS TN 381480517 LINE CONSTRUCTION 5743058 DELOITTE CONSULTING LLP PO BOX 402901 ATLANTA GA 303842901 SOFTWARE CONSULTING 2887314 POWER RESOURCES 120 CLARK STREET PELHAM AL 35124 SUBSTATION CONSTRUCTION 2343016 BUSH METER READING 1842 LOCKE CREEK ROAD READYVILLE TN 37149 METER READING 1550478 RANDY WHITEHEAD 412 WEST 14TH STREET COLUMBIA TN 38401 RIGHT OF WAY CLEARING 1114301 22 ELECTRIC REVENUES 221000 456055276 456055276 456055276 473608 473608 3347789 3538329 -190540 -190540 -190540 131096 11437 119659 119659 119659 PATRONAGE CAPITAL 900099 429569 429569 429569 456887572 456484845 0 402727 1142860 15935502 2783476 2200092 1436184 464009 49675 2302333 4468712 3464258 16011043 COST OF ELECTRICITY SOL 362338266 LINE MAINTENANCE EXPENS 8862600 CUSTOMER ACCOUNTS EXPEN 8578536 LINE OPERATING EXPENSE 6038046 ADMINISTRATIVE AND INFO 1119233 656335 437851160 578445 -1854603 5100053 8750022 30378588 31074442 6553633 7185011 6102930 3635254 4622207 3931521 502977804 155833046 332854726 347144758 4731888 4731888 2493026 2845833 393415496 407444126 32855135 26762070 67236926 64049697 35601816 39537928 135693877 130349695 X 0 0 0 0 257721619 277094431 257721619 277094431 393415496 407444126 X 0 1 0 X 0 5878708 5878708 21193367 4055070 17138297 117266296 60094456 57171840 358639433 91683520 266955913 347144758 ACCRUED POST RETIREMENT BENEFITS OTHER THAN PENSIONS 20102596 ADVANCES FROM TVA CONSERVATION LOANS 6358853 CUSTOMER DEPOSITS 8654394 ACCRUED LIABILITIES-POLE RENTALS 186555 ACCRUED LEAVE - VACATION 2862141 TAX COLLECTIONS PAYABLE - SALES TAX 855295 CAPITAL LEASE 518094 39537928 456887572 437851160 19036412 336400 336400 19372812 460425901 0 460425901 -3538329 -3538329 456887572 441389489 3538329 3538329 437851160 0 437851160 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 230006 0 0 0 17267 0 77469 0 10312 0 335054 0 0 0 BERNIE STEEN 148672 0 0 0 5269 0 46628 0 10312 0 210881 0 0 0 TOM SUGGS 142994 0 0 0 7029 0 58926 0 10312 0 219261 0 0 0 SHANNON KAPRIVE 147690 0 0 0 9708 0 51579 0 10312 0 219289 0 0 0 CHRIS JONES 121784 0 0 0 5329 0 22879 0 10312 0 160304 0 0 0 JOHN FLORIDA 136771 0 0 0 12312 0 24829 0 10312 0 184224 0 0 0 JEFF GILL 125173 0 0 0 17325 0 122934 0 10312 0 275744 0 0 0 RON WASHINGTON 116088 0 0 0 4687 0 72338 0 10312 0 203425 0 0 0 KEN THRONEBERRY 133377 0 0 0 11937 0 47561 0 10312 0 203187 0 0 0 DAN FLORIDA 134953 0 0 0 13587 0 99721 0 10312 0 258573 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. 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 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 811048