2023-10-31T21:13:17-07:00 2022-12-31 472880658 Caudill & Associates CPA PLLC 3644 Gladman Way Lexington KY 40503 990 2022-01-01 710025315 C & L ELECTRIC COOPERATIVE CORPORATION C&LE 8706284221 PO Box 9 Star City AR 716670009 David Vondran CEO 8706284221 2023-11-02 1 1 Gregory Caudill P00618257 6065472543 2023-10-31 X 1 11 1 AAL2 2022 2023-04-26 12:10:37Z Gregory S Smith PO Box 9 Star City AR 716670009 53192814 0 X CLELECTRIC.COM X 1938 AR Sales of electricity to rural members of the Cooperative and maintain the distribution power lines in the service area 9 9 95 0 0 0 1576200 0 46768566 52221578 679801 748601 130226 210116 49154793 53180295 0 0 0 0 11757425 12344876 0 0 0 34177567 40131108 45934992 52475984 3219801 704311 139600891 142929498 82972292 86174416 56628599 56755082 Sales of electricity to rural members of the Cooperative and maintain the distribution lines in the service area 0 0 Purchase, distribution and sale of electricity to rural members, members served - 14,981; no. of services - 22,499 0 0 0 0 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 23 0 1 95 1 0 0 0 0 0 0 0 0 0 52221578 749833 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 1 1 0 AR X David Vondran 8706284221 PO Box 9 Star City AR 716670009 Gregory Smith General Manager 40 0 X 227329 0 88106 Brian Lowery Manager of Office Services 40 0 X 140705 0 58792 Shawn Harvey Serviceman 40 0 X 147155 0 46478 James McGee Supervisor 40 0 X 137270 0 55193 William Dye Mgr. of Finance and Admin. 40 0 X 128802 0 58315 John Gatlin Operations Supervisor 40 0 X 136234 0 47891 Tony Cathey Director 4.17 0 X 45234 0 0 John E Ashcraft Director 5.69 0 X 42463 0 0 Lawrence E Hudson Director 4.57 7 X 41934 0 0 Frank Wilson Director 5.88 0 X 41334 0 0 William M Humphrey Director 3.85 0 X 40284 0 0 Charles S Searcy Director 3.6 0 X 39734 0 0 Keith D Griffin Secretary 4.4 0 X 39716 0 0 Philip C Wilson Director 1 1 X 37534 0 0 Robert W Floyd Chairman 2.89 0 X 34234 0 0 1279962 0 354775 6 0 1 0 Echo Powerline LLC 313 Walnut Street Bunkie LA 71322 Construction 342597 Kenny's Dozer Service Inc PO Box 368 Lockesburg AR 71846 Right of way 951400 2 X 0 Operating Revenue 221000 51510051 51510051 0 0 Capital Credits 221122 711527 711527 0 0 0 0 0 0 52221578 748601 0 0 748601 0 0 0 0 0 0 0 0 0 208884 0 0 0 208884 208884 0 0 208884 0 0 13751 12519 1232 0 0 1232 0 53180295 52221578 0 958717 917495 6781524 1777304 2277467 591086 18129 36950 280767 14342 2441077 5077859 241657 Cost of Power 30195454 Admin. & General 1822225 2648 52475984 0 0 0 428183 635277 6979578 5034831 0 0 5323875 4600696 0 0 0 0 0 0 1805683 2537460 136922 150977 178992627 65870080 107538821 113122547 0 0 0 0 16300320 16118581 1087509 729129 139600891 142929498 7886742 10051834 75074110 76111142 11440 11440 82972292 86174416 X 0 0 371200 373265 56257399 56381817 56628599 56755082 139600891 142929498 X 704311 0 0 0 0 -577828 X 0 0 0 0 1132041 1132041 0 3813702 2362527 1451175 0 0 0 0 0 165372962 63507553 101865409 0 8673922 0 8673922 113122547 Patronage Capital - AECI 1324298 C Patronage Capital - AECC 13051896 C Patronage Capital - NRUCFC 440710 C Federated Insurance 462556 C CRC 12065 C Capital Term Certificates - NRUCFC 811106 C NRUCFC/AECI/AECC 5950 C Cooperative Response Ctr. 10000 C 16118581 0 Credits - Purchased Power Refunds 11440 11440 X X X 0 0 0 Gregory Smith General Manager 227329 0 0 0 0 0 61691 0 26415 0 315435 0 0 0 Shawn Harvey Serviceman 147155 0 0 0 0 0 22848 0 23630 0 193633 0 0 0 Brian Lowery Manager of Office Services 140705 0 0 0 0 0 34341 0 24451 0 199497 0 0 0 James McGee Supervisor 137270 0 0 0 0 0 30982 0 24211 0 192463 0 0 0 John Gatlin Operations Supervisor 136234 0 0 0 0 0 24174 0 23717 0 184125 0 0 0 William Dye Mgr. of Finance and Admin. 128802 0 0 0 0 0 37524 0 20791 0 187117 0 0 0 Form 990, Part VI, Section A, Line 6 There is only one class of members. All members have one vote each. The members elect the governing body and approve whether the company can be sold. Form 990, Part VI, Section A, Line 7a The organization's members purchase electric energy from the Cooperative. Each member is entitled to one vote. The members annually hold a meeting to elect board members, passing upon reports and to transact such other business that may come before the meeting. Upon dissolution of the cooperative, after all debts and liabilities have been paid and all capital furnished through patronage has been retire, the remaining property and assets of the cooperative shall be distributed among the members and former members in accordance with the applicable provision of the law. Form 990, Part VI, Section B, Line 11b Financial management of the company reviews the Form 990 before filing with the IRS. Form 990, Part VI, Section B, Line 12c No person shall be eligible to become or remain a board member of the Cooperative who is in any way employed or financially interested in a competing enterprise or business selling electric energy or supplies to the Cooperative, or a business primarily engaged in selling electrical appliances, fixtures or supplies to the members of the Cooperative. The board policy states that each director will abstain from any decision that impacts his/her personal welfare or the personal welfare of close relatives of the director other than matters which are obviously covered by board policies. Form 990, Part VI, Section B, Line 15 A national, regional and state compensation survey is reviewed annually. The board of directors approves the CEO's salary annually. Form 990, Part VI, Section C, Line 19 Information is provided to each new member, certain by-law provisions are published annually in member magazines, annual reports are mailed to members, and Form 990 is available upon request. Form 990, Part VIII, Line 6a Personal property rental revenues excluded from unrelated business income are related to pole rental income. Form 990, Part XI, Line 9 Difference between tax and book.