2025-05-13T11:52:54-05:00 2024-12-31 610420207 JONES NALE & MATTINGLY PLC 401 WEST MAIN STREET SUITE 1100 LOUISVILLE KY 40202 990 2024-01-01 610359668 TAYLOR COUNTY RURAL ELECTRIC COOPERATIVE CORPORATION TAYL 8449702739 PO BOX 100 CAMPBELLSVILLE KY 42719 JEFFREY WILLIAMS CEO 8449702739 2025-05-08 1 1 TRAVIS C FRICK P01728213 5025830248 2024 2025-03-06 01:10:19Z JEFFREY WILLIAMS PO BOX 100 CAMPBELLSVILLE KY 42719 62875951 0 X WWW.TCRECC.COM X 1938 KY DISTRIBUTION SALES OF ELECTRICITY TO A MONTHLY AVERAGE OF APPROXIMATELY 28,085 CONSUMERS ON A PATRONAGE BASIS. 7 7 63 0 0 0 0 0 55723020 61913057 29938 -58141 1247524 936156 57000482 62791072 0 0 -7200749 2528963 6986230 7464525 0 0 0 57215001 52797584 57000482 62791072 0 0 110772331 114642587 49483210 51007633 61289121 63634954 DISTRIBUTION SALES OF ELECTRICITY TO A MONTHLY AVERAGE OF APPROXIMATELY 28,085 CONSUMERS ON A PATRONAGE BASIS. 0 0 62791072 62459249 DISTRIBUTION SALES OF ELECTRICITY TO A MONTHLY AVERAGE OF APPROXIMATELY 28,085 CONSUMERS ON A PATRONAGE BASIS. 62791072 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 42 0 1 63 1 0 0 0 0 0 0 0 0 0 61913057 572930 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 X X PATSY WALTERS VP FINANCE & CUSTOMER SERVICE 2704654101 PO BOX 100 CAMPBELLSVILLE KY 42719 CHAD TAYLOR PRESIDENT 5.00 X X 18825 0 0 CHRIS TUCKER VICE-PRESIDENT 5.00 X X 23375 0 0 BRADLEY IRVIN TREASURER 4.00 X X 21475 0 0 GREG CORBIN DIRECTOR 8.00 X 24350 0 0 MARK WOODRUM SECRETARY 4.00 X X 19800 0 0 KYLE MILBY DIRECTOR 2.00 X 19800 0 0 WAYNE STEARMAN DIRECTOR 3.00 X 20450 0 0 JEFFREY WILLIAMS CEO 40.00 X 238627 0 68162 PATSY WALTERS VP OF FINANCE & CUSTOMER SERVICE 40.00 X 105165 0 44734 MIKE SKAGGS VP OF ENGINEERING 40.00 X 127269 0 48556 LAWRENCE LONG SERVICEMAN 60.00 X 148415 0 41006 TRACY MOSS SERVICEMAN 56.00 X 137335 0 35922 JOHN EDWARDS SERVICEMAN 51.00 X 119569 0 36475 STEVEN SHOFNER FOREMAN 50.00 X 126115 0 42497 1150570 0 317352 14 0 1 0 NELSON TREE SERVICE PO BOX 854489 MINNEAPOLIS MN 55485 RIGHT OF WAY 1539286 PHASE III CONSTRUCTION INC PO BOX 613 LANCASTER KY 40444 CONSTRUCTION 976931 WA KENDALL & COMPANY LLC PO BOX 831 LAWRENCEVILLE GA 30046 RIGHT OF WAY 669353 3 SALE OF ELECTRICITY 221000 61913057 61913057 61913057 26738 26738 84879 -84879 -84879 -84879 OTHER CAPITAL CREDITS AND PATRONA 221000 360985 360985 JOINT USE POLE ATTACH 221000 305085 305085 G&T CAPITAL CREDITS 221000 270086 270086 936156 62791072 62459249 0 331823 2528963 2528963 491867 491867 4639312 4639312 686905 686905 1272224 1272224 374217 374217 79492 79492 35157 35157 304353 304353 2225776 2225776 3752387 3752387 358585 358585 COST OF POWER 45200427 45200427 DISTRIBUTION - MAINTENA 2628882 2628882 ADMINISTRATIVE AND GENE 2539556 2539556 DISTRIBUTION - OPERATIO 2374022 2374022 -6701053 -6701053 62791072 62791072 0 0 1825592 1984373 1176236 890082 1350984 786066 1470220 1637408 240045 322323 119826164 45868707 70003492 73957457 34531072 35013927 174690 50951 110772331 114642587 2285484 690334 40098157 43107437 7099569 7209862 49483210 51007633 X 0 0 240566 228176 61048555 63406778 61289121 63634954 110772331 114642587 X 0 2345833 X 0 0 1 1 59845 59845 776729 378953 397776 118253871 45489754 72764117 735719 735719 73957457 ASSOCIATED ORGANIZATIONS 35013927 C 35013927 CONSUMER DEPOSITS 2568911 ACCRUED EXPENSES 533908 CONSUMER ADVANCES FOR CONSTRUCTION 432295 ACCUMULATED POSTRETIREMENT BENEFITS 3674748 7209862 X X X 0 0 0 JEFFREY WILLIAMS CEO 238627 0 0 0 0 0 38115 0 30047 0 306789 0 0 0 LAWRENCE LONG SERVICEMAN 148415 0 0 0 0 0 14091 0 26915 0 189421 0 0 0 MIKE SKAGGS VP OF ENGINEERING 127269 0 0 0 0 0 20616 0 27940 0 175825 0 0 0 TRACY MOSS SERVICEMAN 137335 0 0 0 0 0 13826 0 22096 0 173257 0 0 0 STEVEN SHOFNER FOREMAN 126115 0 0 0 0 0 14784 0 27713 0 168612 0 0 0 JOHN EDWARDS SERVICEMAN 119569 0 0 0 0 0 14091 0 22384 0 156044 0 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 2,528,963. REFUNDS OF CAPITAL CREDITS -178,220. ACCUMULATED COMPREHENSIVE INCOME CHANGE -12,390. OTHER EQUITIES 7,480. 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.