2024-09-06T10:31:43-07:00 2023-12-31 472880658 Caudill & Associates CPA PLLC 3644 Gladman Way Lexington KY 40503 990 2023-01-01 710025315 C & L ELECTRIC COOPERATIVE CORPORATION C&LE 8706284221 PO Box 9 Star City AR 716670009 David Vondran CEO 8706284221 2024-08-27 1 1 Gregory Caudill P00618257 6065472543 2024-08-27 X 2023 2024-08-08 14:25:15Z David Vondran PO Box 9 Star City AR 71667 48131437 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 0 0 52221578 46821704 748601 1296402 210116 13201 53180295 48131307 0 0 0 0 12344876 12933229 0 0 0 40131108 31344150 52475984 44277379 704311 3853928 142929498 168288825 86174416 107678620 56755082 60610205 Sales of electricity to rural members of the Cooperative and maintain the distribution lines in the service area 0 0 0 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 22 0 1 95 1 0 0 0 0 0 46821704 1296402 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 David Vondran General Manager 40 0 X 183294 0 28674 Shawn Harvey Serviceman 40 0 X 163432 0 47264 James McGee Construction Supervisor 40 0 X 138273 0 56404 Brian Lowery Manager of Office Services 40 0 X 134311 0 59964 John Gatlin Serviceman 40 0 X 137110 0 48512 Steven Greenwood Serviceman 40 0 X 132484 0 50077 Keith D Griffin Director 4.53 0 X 42195 0 0 John E Ashcraft Secretary 4.52 0 X 39991 0 0 William M Humphrey Director 2.14 0 X 39463 0 0 Tony Cathey Director 3.09 0 X 39413 0 0 Frank Wilson Director 6.61 0 X 39413 0 0 Lawrence E Hudson Director 2.51 0 X 38363 0 0 Philip C Wilson Director 0 0 X 36013 0 0 Robert W Floyd Director 1.85 0 X 33763 0 0 Charles S Searcy Chairman 2.42 0 X 33263 0 0 1230781 0 290895 6 0 1 0 IRBY PO Box 843959 Dallas TX 75284 Construction 805205 Kenny's Dozer Service Inc PO Box 368 Lockesburg AR 71846 Right of way 1703400 2 X 0 Operating Revenue 221000 46048077 46048077 0 0 Capital Credits 221122 773627 773627 0 0 0 0 0 0 46821704 1296402 0 0 1296402 0 0 0 0 0 0 0 0 0 13201 0 0 0 13201 13201 0 0 13201 0 0 130 130 0 0 0 0 0 48131307 46821704 0 1309603 888904 7336180 1819505 2254988 633652 25679 30950 335096 19214 3210113 5314931 249934 Cost of Power 21525978 Admin & General 544620 87635 44277379 0 0 0 635277 579327 5034831 21006325 0 0 4600696 4401194 0 0 0 0 0 0 2537460 2469550 150977 228771 191975964 68831522 113122547 123144442 0 0 0 0 16118581 16088466 729129 370750 142929498 168288825 10051834 8236501 76111142 99430679 11440 11440 86174416 107678620 X 0 0 373265 376596 56381817 60233609 56755082 60610205 142929498 168288825 X 3853928 0 0 0 0 1195 X 0 0 0 0 1132041 1132041 0 3813702 2485293 1328409 0 0 0 0 0 173091765 66346229 106745536 0 13938456 0 13938456 123144442 Patronage Capital - AECI 1307840 C Patronage Capital - AECC 13019216 C Patronage Capital - NRUCFC 448652 C Federated Insurance 479663 C CRC 12065 C Capital Term Certificates - NRUCFC 805080 C NRUCFC/AECI/AECC 5950 C Cooperative Response Ctr 10000 C 16088466 0 Credits - Purchased Power Refunds 11440 11440 0 0 0 David Vondran General Manager 183294 0 0 0 0 0 4118 0 24556 0 211968 0 0 0 Shawn Harvey Serviceman 163432 0 0 0 0 0 24061 0 23204 0 210697 0 0 0 James McGee Construction Supervisor 138273 0 0 0 0 0 32601 0 23803 0 194677 0 0 0 John Gatlin Serviceman 137110 0 0 0 0 0 25227 0 23284 0 185621 0 0 0 Brian Lowery Manager of Office Services 134311 0 0 0 0 0 35932 0 24032 0 194275 0 0 0 Steven Greenwood Serviceman 132484 0 0 0 0 0 26691 0 23386 0 182561 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.