2023-05-15T15:30:08-05:00 2022-12-31 610420207 JONES NALE & MATTINGLY PLC 401 WEST MAIN STREET SUITE 1100 LOUISVILLE KY 40202 990 2022-01-01 610359668 TAYLOR COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION TAYL 2704654101 PO BOX 100 CAMPBELLSVILLE KY 42719 JEFFREY WILLIAMS CEO 2704654101 2023-05-10 1 JEFFREY WILLIAMS 999009999 0 TRAVIS C FRICK P01728213 5025830248 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEFFREY WILLIAMS PO BOX 100 CAMPBELLSVILLE KY 42719 62598372 0 X WWW.TCRECC.COM X 1938 KY DISTRIBUTION SALES OF ELECTRICITY TO A MONTHLY AVERAGE OF APPROXIMATELY 27,557 CONSUMERS ON A PATRONAGE BASIS. 7 7 60 0 0 0 882874 0 49031574 60432862 31811 12469 857312 2153041 50803571 62598372 0 0 1550 -146420 5565145 5175678 0 0 0 45236876 57569114 50803571 62598372 0 0 102430391 105673613 35843744 39243179 66586647 66430434 DISTRIBUTION SALES OF ELECTRICITY TO A MONTHLY AVERAGE OF APPROXIMATELY 27,557 CONSUMERS ON A PATRONAGE BASIS. 0 0 62598372 62311385 DISTRIBUTION SALES OF ELECTRICITY TO A MONTHLY AVERAGE OF APPROXIMATELY 27,557 CONSUMERS ON A PATRONAGE BASIS. 62598372 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 38 0 1 60 1 0 0 0 0 0 0 0 0 0 62311385 286987 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 X PATSY WALTERS ACCTG SUPERVSOR 2704654101 PO BOX 100 CAMPBELLSVILLE KY 42719 DONALD SHUFFETT DIRECTOR 7.00 X 46133 0 0 CHAD TAYLOR PRESIDENT 7.00 X X 24737 0 0 CHRIS TUCKER VICE-PRESIDENT 6.00 X X 27288 0 0 BRADLEY IRVIN TREASURER 4.00 X X 22788 0 0 RAYMOND RUCKER DIRECTOR 3.00 X 21737 0 0 GREG CORBIN DIRECTOR 8.00 X 21737 0 0 MARK WOODRUM SECRETARY 4.00 X X 23537 0 0 JEFFREY WILLIAMS CEO 40.00 X 129196 0 20171 MIKE SKAGGS ENG & OPERATIONS MANAGER 40.00 X 118827 0 48906 435980 0 69077 2 0 1 0 ELECTRICOM ROW SERVICES INC PO BOX 319 PAOLI IN 47454 RIGHT OF WAY 1188773 DAVEY RESOURCE GROUP INC PO BOX 74142 CLEVELAND OH 44194 GPS/POLE TAG SYSTEM 736051 PHASE III CONSTRUCTION INC PO BOX 613 LANCASTER KY 40444 LINE CONSTRUCTION 618557 GROUND SOLUTIONS 6671 GREENSBURG ROAD GREENSBURG KY 42743 RIGHT OF WAY 237982 4 60432862 60432862 60432862 12469 12469 G&T CAPITAL CREDITS 221000 1717146 1717146 JOINT USE POLE ATTACH 221000 305368 305368 OTHER CAPITAL CREDITS AND PATRONA 221000 161377 161377 -30850 -30850 2153041 62598372 62311385 0 286987 -146420 -146420 317152 317152 3035162 3035162 352196 352196 1164559 1164559 306609 306609 33235 33235 15300 15300 257888 257888 844251 844251 3370955 3370955 294107 294107 COST OF POWER 49901903 49901903 DISTRIBUTION - MAINTENA 3536813 3536813 DISTRIBUTION - OPERATIO 2275849 2275849 ADMINISTRATIVE AND GENE 1941226 1941226 -4902413 -4902413 62598372 62598372 0 0 1588493 1318514 1918072 2515935 723844 1052178 906216 1021719 263281 262318 106855515 41187034 63891547 65668481 33138938 33811910 22558 102430391 105673613 549153 523456 27040153 30081342 8254438 8638381 35843744 39243179 X 0 0 -2200653 -2007537 68787300 68437971 66586647 66430434 102430391 105673613 X 0 -156213 X 0 0 0 106855515 41187034 65668481 65668481 ASSOCIATED ORGANIZATIONS 33811910 C 33811910 CONSUMER DEPOSITS 2125578 ACCRUED EXPENSES 284022 CONSUMER ADVANCES FOR CONSTRUCTION 486053 ACCUMULATED POSTRETIREMENT BENEFITS 5742728 8638381 X X 0 0 0 MIKE SKAGGS ENG & OPERATIONS MANAGER 118827 0 0 0 0 0 0 0 0 48906 118827 48906 0 0 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - MUST BE A MEMBER TO RECEIVE ELECTRIC SERVICE. EACH MEMBER HAS 1 VOTE. MAY HAVE MORE THAN 1 SERVICE PER MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - NOMINATING COMMITTEE MEETS EVERY YEAR TO SELECT MEMBER TO RUN FOR DIRECTOR. MEMBER MAY RUN FOR DIRECTOR WITH PETITION SIGNED BY 75 OR MORE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - ARTICLES OF INCORPORATION CAN ONLY BE CHANGED BY MAJORITY OF MEMBERSHIP. BY-LAWS MAY BE ALTERED, AMENDED, OR REPEALED BY THE BOARD OF DIRECTORS AT ANY REGULAR OR SPECIAL BOARD MEETING; PROVIDED, THAT THE NOTICE OF THE MEETING, SHALL HAVE CONTAINED A COPY OF THE PROPOSED ALTERATION, AMENDMENT, OR REPEAL. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - DIRECTORS ARE FURNISHED A DRAFT COPY OF THE 990 PRIOR TO FILING. MAY MAKE INQUIRIES OF INFORMATION CONTAINED IN THE FILING. ADDITIONALLY, DIRECTORS MEET WITH THE INDEPENDENT AUDITOR AND ARE ABLE TO ASK QUESTIONS AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND KEY EMPLOYEES ANNUALLY COMPLETE QUESTIONNAIRE ON FAMILY AND BUSINESS RELATIONSHIPS. FORM 990, PART VI, SECTION B, LINE 15 15A. BOARD OF DIRECTORS REVIEW AND APPROVE COMPENSATION OF TOP MANAGEMENT AND KEY EMPLOYEES USING DATA PROVIDED BY STATE AND NATIONAL ORGANIZATION SURVEYS OF ELECTRIC COOPERATIVES. 15B. MAJORITY OF COMPENSATION IS NEGOTIATED THROUGH A UNION CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 COPY OF ARTICLES OF INCORPORATION AND BY-LAWS ARE GIVEN TO EACH NEW MEMBER AND BOTH ARE PUBLISHED ANNUALLY IN CO-OP NEWSLETTER MAILED TO EACH MEMBER. FINANCIAL STATEMENTS ARE GIVEN TO MEMBERS AT THE ANNUAL MEETING. FORM 990, PART XI, LINE 9: MARGINS ALLOCATED TO MEMBERS -146,420. REFUNDS OF CAPITAL CREDITS -206,468. ACCUMULATED COMPREHENSIVE INCOME 193,116. OTHER EQUITIES 3,559. FORM 990, PART IX, LINE 4 FORM 990, PART IX, LINE 4 - BENEFITS PAID TO OR FOR MEMBERS REPRESENTS PATRONAGE CAPITAL ALLOCATED TO MEMBERS IN ACCORDANCE WITH THE BYLAWS OF THE COOPERATIVE. THIS REPORTING RESULTS IN A DIFFERENCE BETWEEN BOOK INCOME AND INCOME REPORTED ON THE FORM 990 BY THE SAME AMOUNT.