2011-05-05T13:47:12-07:00 2010-12-31 ALAN ZUMSTEIN 1032 CHETFORD DRIVE LEXINGTON KY 40509 990 2010-01-01 610329022 Salt River Electric Cooperative SALT 5023483931 111 West Brashear Aveneue Bardstown KY 40004 J Larry Hicks 2011-05-05 Alan Zumstein 8592647147 X 2010 2016-02-24 21:20:13Z 99171664 false false X www.srelectric.com X 1936 KY Distribution sales of electricity on a patronage basis to an average of approximately 47,000 consumers monthly. 6 6 85 281524 152391 0 85915317 94534332 508018 467870 4166800 4169462 90590135 99171664 0 0 7438097 6909093 0 0 77366716 85685529 84804813 92594622 5785322 6577042 122013685 127494970 66458656 66736324 55555029 60758646 Distribution sales of electricity on a patronage basis to an average of approximately 47,000 consumers monthly. false false 92594622 Provide distribution sales of electricity to an average of approximately 47,000 consumers monthly on a patronage basis. 92594622 false false false false false false false false false false true false false true 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 false false false false false true false false false false true 21 0 true 85 true true true false false false false false false false false false 94534332 1648652 false false false false X 6 6 false false false false true true true true true false false false true true true true false true true true false false X J Edward Boone VP Finance 5023483931 111 West Brashear Ave Bardstown KY 40004 Tim Sharp 0.00 X 114984 0 28117 Stanley Mudd 0.00 X 79875 0 20896 Robert Yates 0.00 X 3188 0 0 Randy Burba 40.00 X 103915 0 26731 Nick Rapier 40.00 X 103168 0 20991 Linda West 5.00 X 18939 0 0 Joseph Tichenor 0.00 X 1594 0 0 Jimmie Longmire 5.00 X X 19539 0 0 J Larry Hicks 0.00 X 230940 0 48915 J Edward Boone 0.00 X 102360 0 29636 Gayle Troutman 5.00 X X 21939 0 0 Gary Pile 40.00 X 110343 0 26997 Donald Black 40.00 X 109738 0 11051 Darwin Thomas 5.00 X X 19539 0 0 Darrell Tingle 5.00 X X 19900 0 0 Albert Cahoe 5.00 X 19739 0 0 1079700 213334 7 true true false 0 0 Electric service 221000 94409207 94409207 Electric merchandise 221000 125125 125125 94534332 467870 467870 0 0 16678 16678 16678 16678 0 0 0 0 Patronage assoc organizat 287215 287215 Joint use pole rentals 595365 595365 G&T capital credits 2988680 2988680 281524 281524 4152784 99171664 94534332 281524 4355808 0 0 0 0 572660 572660 0 3252910 3252910 1629206 1629206 1084293 1084293 370024 370024 0 53474 53474 9563 9563 0 0 0 0 0 0 0 0 0 0 0 57962 57962 3029140 3029140 0 4978297 4978297 373791 373791 Distribution - operations 2340000 2340000 Distribution - maintenance 2632950 2632950 Customer operations 2049958 2049958 Cost of power 73959784 73959784 Administrative and general 2818038 2818038 -6617428 -6617428 92594622 92594622 0 0 1066854 1305885 8729620 9976300 0 9382202 10888873 0 0 3924947 3469320 763270 637207 334655 274758 126574679 50840917 75545443 75733762 0 0 0 0 22266694 25208865 122013685 127494970 7295627 9326593 57472424 57136721 1690605 273010 66458656 66736324 X 1755270 1822220 2954677 3154229 50845082 55782197 55555029 60758646 122013685 127494970 X 6577042 -1373425 X false true true X true true 126574679 50840917 75733762 75733762 Subidiary company 100045 Non operating property 183848 Capital term certificates 913389 Associated organizations 24011583 25208865 Regulatory liability 191676 Other comprehensive income -6322111 Consumer deposits 1655308 Consumer advances for construction 339517 Accumulated postretirement benefits 3276422 Accrued expenses 1132198 273010 99171664 92594622 6577042 99171664 99171664 99171664 92594622 92594622 92594622 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances Other equities $266502 Refund capital credits $ -1639927 X X X X false false false Robert Yates 3188 3188 Joseph Tichenor 1594 1594 J Larry Hicks 230940 16500 32415 279855 Lock 7 Hydro Partners Director Director West as director false Town & Country Bank CEO is Director Some banking functions false Lock 7 Hydro Partners CFO is Sec/Treasurer Keep financial records. false Lock 7 Hydro Partners CEO is a Board member Keep financial records. false Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available ByLaws are given to each member. Each year financial statemenets are given to members and an annual meeting of members is held. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees 15.a and b. The Board receives data from both local and national surveys. The Board uses this data, along with a performance review, to set compensation. The Board has used, and occassionally does, use an independent Human Resource Consulting firm to review the compensation and process. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts A questionnaire is prepared by each director and key employee on an annual basis. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process Directors are furnished a draft copy of the 990 prior to filing. May make inquiries of information contained in the filing. Additionally, if requested, directors meet with the independent auditor in a closed session and are able to ask question at that time. Form 990, Part VI, Line 7a Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Nominating committee meets every year there is an election to select member to run for director. Member may run for director with petition signed by 100 or more eligible members. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Must be a member to receive electric service. Each members has 1 vote. May have more than 1 service per membership. Lock 7 Hydro Partners LLC PO Box 609 Bardstown KY 40004 421671910 Hydro elect KY N/A 281749 182446 false false false false false false false false false false false false false false false false false false false false