2024-10-23T13:04:41-07:00 2023-12-31 751699625 Knuckols Duvall Hallum & Co 204 S Wellington Marshall TX 75670 990 2023-01-01 750184514 Cherokee County Electric Cooperative Association CHER 9036832248 PO Box 257 Rusk TX 75785 GREG JONES GENERAL MANAGER 2024-10-15 true true R Michael Hallum CPA P01266544 9039380331 2023 2024-10-15 13:58:12Z PO Box 257 Rusk TX 75785 66471440 false X www.cceca.net X 1939 TX TO PROVIDE ELECTRIC ENERGY TO RURAL AREAS AT COST ON A COOPERATIVE BASIS. 7 7 91 0 0 57210271 65982071 163018 124007 257867 365362 57631156 66471440 0 4424000 451246 553772 0 0 57484485 61493668 57935731 66471440 -304575 0 148870489 180003839 99248534 125957884 49621955 54045955 TO PROVIDE ELECTRIC ENERGY TO RURAL AREAS AT COST ON A COOPERATIVE BASIS. false false 66471440 65982071 SALE OF ELECTRIC POWER TO APPROXIMATELY 17,839 MEMBERS IN 4 COUNTIES. MEMBERS WERE PROVIDED POWER, ON A COOPERATIVE BASIS, THROUGH APPROXIMATELY 23,408 CONNECTED METERS. 66471440 false false false false false false false false false true false true false true true 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 true 34 0 true 91 true false false false false false 64193799 2277641 false false false X 7 7 false false false false true true true true true false false true true true true true true true true false X Maegan Goff 9036832248 PO Box 257 Rusk TX 75785 GREG JONES GENERAL MANAGER 42.50 0.00 X 208632 0 142637 BART BAUER ASSISTANT MANAGER 45.00 0.00 164298 0 116364 CHRISTOPHER STROUD CREW FOREMAN 59.00 0.00 138140 0 65118 KENNETH HICKS ACCT. MANAGER 42.50 0.00 X 127689 0 74813 ANDREW OWENS DIRECT OF BROADBAN 45.50 0.00 139158 0 46198 JOSEPH YOUNG DIRECT OF ENGINEER 49.50 0.00 139672 0 45650 KODY STANLEY SERVICEMAN 60.25 0.00 137945 0 37650 KYLE GRIFFITH President 1.38 0.00 X X 30210 0 0 WES BARRON Director 5.00 0.00 X 29723 0 0 JIM TARRANT JR Vice President 2.25 0.00 X X 29034 0 0 KEITH YOUGBLOOD SECRETARY/TREAS 3.13 0.00 X X 21480 0 0 JOHN ALEXANDER Director 2.50 0.00 X 16232 0 0 BRUCE BRADLEY Director 1.13 0.00 X 7028 0 0 ROB TRIMBLE III Director 1.50 0.00 X 5432 0 0 1194673 528430 24 false true false FIBERRISE COMMUNICATIONS LLC 12060 COUNTY LINE ROAD SUITE J-239 MADISON AL 35756 FIBER DESIGN & PROJ MANG 683180 ARBOR RESOURCES PO BOX 519 DIBOLL TX 75941 RIGHT OF WAY CLEARING 2033715 HARRIS LINE SERVICE CO INC PO BOX 7165 LONGVIEW TX 75607 RIGHT OF WAY CLEARING 749352 REI UTILITY SERVICES PO BOX 1070 ATHENS TX 75751 ENGINEERING CONSULTANTS 606285 TIMBER WOLF LAND CLEARING 45828 US HWY 69 N JACKSONVILLE TX 75766 RIGHT OF WAY CLEARING 555482 8 0 ELECTRICITY ENERGY 221000 60731613 60731613 FIBER OPTIC REVENUE 518210 3462186 3462186 PATRONAGE CAPITAL 221000 1788272 1788272 65982071 26255 26255 0 0 280420 280420 280420 280420 97752 97752 97752 97752 0 0 0 MISCELLANEOUS INCOME 221000 84942 84942 84942 66471440 66067013 404427 0 0 0 4424000 4424000 553772 553772 0 0 0 0 0 0 0 0 0 0 0 0 7578 7578 623177 623177 0 0 223283 223283 0 0 148509 148509 4012952 4012952 0 5072246 5072246 44395 44395 COST OF PURCHASED POWER 36929673 36929673 DISTRIBUTION EXPENSE-MAINT. 4816384 4816384 DISTRIBUTIONS EXPENSE-OPERATIO 3241845 3241845 ADMINISTRATIVE AND GENERAL EXP 2937707 2937707 3435919 3435919 66471440 66471440 0 0 378715 913266 410693 421587 0 7277184 8231328 0 0 0 3000764 4489260 7259089 5142467 197115576 58140604 110180448 138974972 0 0 20363596 21830959 0 0 148870489 180003839 10470951 9483494 87559453 115183840 1218130 1290550 99248534 125957884 X 49621955 54045955 49621955 54045955 148870489 180003839 X 0 4424000 X false true X true false 197115576 58140604 138974972 138974972 21830959 SECURITY DEPOSITS 1290550 1290550 X 66471440 66471440 66471440 66471440 66471440 66471440 Part X : FIN48 Footnote THE FINANCIAL ACCOUNTING STANDARDS BOARD HAS ISSUED FASB CODIFICATION SECTION 740. THIS SECTION REQUIRES RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS. THE COOPERATIVE CURRENTLY ACCOUNTS FOR UNCERTAIN TAX POSITIONS BASED ON THE ESTIMATED LIKELIHOOD OF ASSESSMENT AND HAS NOT DETERMINED THAT ANY TAX POSITIONS REQUIRED AN ACCRUAL BASED ON CURRENT STANDARDS OF ACCOUNTING. FOR FEDERAL INCOME TAX PURPOSES THE TAX RETURNS ESSENTIALLY REMAIN OPEN FOR POSSIBLE EXAMINATION FOR A PERIOD OF THREE YEARS AFTER THE DATE OF WHICH THOSE RETURNS ARE FILED. X X X false false false ANDREW OWENS DIRECT OF BROADBAN 138658 500 25930 20268 185356 BART BAUER ASSISTANT MANAGER 163798 500 96528 19836 280662 CHRISTOPHER STROUD CREW FOREMAN 137640 500 45640 19478 203258 GREG JONES GENERAL MANAGER 181243 500 26889 122575 20062 351269 JOSEPH YOUNG DIRECT OF ENGINEER 139172 500 26284 19366 185322 KENNETH HICKS ACCT. MANAGER 127189 500 55135 19678 202502 KODY STANLEY SERVICEMAN 137445 500 18230 19420 175595 Form 990, Part VI, Section A, Line 6 THE COOPERATIVE HAS ONE CLASS OF MEMBERS. EACH MEMBER HAS THE RIGHT TO RECEIVE ELECTRICITY, TO VOTE, AND TO RECEIVE PATRONAGE CAPITAL. Form 990, Part VI, Section A, Line 7a THE MEMBERS OF THE COOPERATIVE HAVE THE RIGHT TO VOTE FOR DIRECTORS OR ANY OTHER MATTER NOTED ON THE BALLOT AT THE ANNUAL MEETING OF THE MEMBERSHIP. AN APPOINTED NOMINATING COMMITTEE COMPOSED OF 1 MEMBER FROM EACH DIRECTOR DISTRICT SELECTS 1 NOMINEE FROM EACH APPROPRIATE DISTRICT. A MEMBER MAY ALSO BE NOMINATED BY PETITION WITH A MINIMUM OF FIFTY (50) SIGNATURES OF MEMBERS FROM THE APPROPRIATE DISTRICT. DIRECTORS ARE THEN ELECTED BY MAIL BALLOT. TEN PERCENT (10%) OF THE TOTAL NUMBER OF MEMBERS OF THE COOPERATIVE CONSTITUTES A QUORUM FOR THE MAIL BALLOT ELECTION. THE ELECTED DIRECTORS ARE RESPONSIBLE FOR GOVERNING THE COOPERATIVE. Form 990, Part VI, Section A, Line 7b SEE ABOVE. Form 990, Part VI, Section B, Line 11b THE BOARD OF DIRECTORS DETERMINES WHETHER THE FORM 990 WILL BE REVIEWED BY ALL DIRECTORS, AN EXISTING COMMITTEE, OR A SPECIAL COMMITTEE APPOINTED FOR SUCH PURPOSE PRIOR TO FILING. ONCE THE RETURN IS COMPLETED, IT IS PROVIDED TO THE DIRECTORS OR THE COMMITTEE RESPONSIBLE FOR REVIEWING. EMPLOYEES OF THE COOPERATIVE RESPONSIBLE FOR FILING ARE AVAILABLE TO RESPOND TO QUESTIONS OR PROVIDE BACKGROUND AS NEEDED. ONCE THE DIRECTORS RESPONSIBLE FOR REVIEWING THE FORM 990 ARE SATISFIED IT IS ACCURATE AND COMPLETE, THE RETURN IS FILED. SUBSEQUENTLY, THE RETURN IS MADE AVAILABLE TO ALL DIRECTORS FOR THEIR REVIEW. Form 990, Part VI, Section B, Line 12c EACH DIRECTOR, OFFICER, AND KEY EMPLOYEE OF THE COOPERATIVE IS COVERED UNDER THE CONFLICT OF INTEREST POLICY. THE BOARD OF DIRECTORS INTERPRETS AND ENFORCES THE POLICY. THE COOPERATIVE'S LEGAL COUNSEL ANNUALLY REVIEWS THE POLICY WITH ALL OFFICIALS. THE MINUTES OF ALL BOARD MEETINGS RECORD ALL DISCLOSURES, VOTES, AUTHORIZATIONS, AND OTHER ACTIONS TAKEN UNDER THE POLICY. EACH OFFICIAL ANNUALLY COMPLETES AND SIGNS THE CONFLICT OF INTEREST CERTIFICATON AND DISCLOSURE FORM AND DELIVERS THE COMPLETED AND SIGNED FORM TO THE PRESIDENT OR GENERAL MANAGER. IF AN OFFICIAL DISCOVERS ANY INFORMATION OR FACT THAT COULD IMPACT ANOTHER OFFICIAL'S COMPLIANCE WITH THE POLICY, THEN THE OFFICIAL MUST DISCLOSE THE INFORMATION OR FACT TO THE PRESIDENT OR GENERAL MANAGER. Form 990, Part VI, Section B, Line 15a THE COMPENSATION OF THE GENERAL MANAGER IS DETERMINED BY THE BOARD OF DIRECTORS AND IS REVIEWED ANNUALLY. SURVEYS OF AREA COOPERATIVES AND NATIONAL COMPENSATION SURVEYS ARE USED IN DETERMINING COMPENSATION. THE BOARD OF DIRECTORS COMPARES THE COMPENSATON PACKAGES WITH OTHER COOPERATIVES OF COMPARABLE SIZE FOR GENERAL MANAGERS AND EXECUTIVES WITH COMPARABLE RESPONSIBILITIES AND ASSESSES THE PERFORMANCE OF THE COOPERATIVE AND THE GENERAL MANAGER THROUGH THE YEAR. Form 990, Part VI, Section B, Line 15b THE SALARIES OF ALL OTHER COOPERATIVE EMPLOYEES ARE SET BY THE GENERAL MANAGER USING COMPARABLE INFORMATON FOR EMPLOYEES WITH SIMILAR RESPONSIBILITIES IN COOPERATIVES OF SIMILAR SIZE. Form 990, Part VI, Section C, Line 19 THE COOPERATIVE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY SUBMITTING A WRITTEN REQUEST ON A MEMBER INFORMATION REQUEST FORM TO THE GENERAL MANAGER. IF THE REQUEST MEETS CERTAIN REQUIREMENTS DESCRIBED IN THE COOPERATIVE'S POLICY, THE MEMBER WILL BE FURNISHED THE INFORMATION REQUESTED. Form 990, Part XI, Line 9 2023 PATRONAGE CAPITAL TO BE ALLOCATED = $4424000