Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Members or stockholder classes and rights Part VI line 6 | All patrons who receive electric service from Laclede Electric Cooperative are voting members of the Cooperative. These members elect the members of the Laclede Electric Board of Directors ant the Cooperative's annual meeting. |
| Member election for additional members Part VI line 7a | All patrons who receive electric service from Laclede Electric Cooperative are voting members of the Cooperative. These members elect the members of the Laclede Electric Board of Directors ant the Cooperative's annual meeting. |
| Form 990 governing body review Part VI line 11 | The IRS Form 990 is reviewed by paid preparer and management before e-filing the reutn. The return is reviewed with the Laclede Electric Cooperative Board of Directors at the next meeting. |
| Conflict of interest policy compliance Part VI line 12c | The officers, current directors and key employees are required to complete a twelve page document which may identify any conflict of interest. This is completed annually prior to the preparation of the IRS Form 990. |
| CEO executive director top management comp Part VI line 15a | A labor committee comprised of members of the Laclede Electric Cooperative Board of Directors review the key employee compensation and benefits annually. Any proposed changes are approved by the full Board of Directors. |
| Other officer or key employee compensation Part VI line 15b | A labor committee comprised of members of the Laclede Electric Cooperative Board of Directors review the key employee compensation and benefits annually. Any proposed changes are approved by the full Board of Directors. |
| Governing documents etc available to public Part VI line 19 | All of the policies are available for inspection upon request. The cooperative also publishes an annual income statement and balance sheet in it's annual meeting notice which is mailed to all active members. The Cooperative bylaws are given to all prospective members requesting service from Laclede Electric. |
| Explanation of other changes in net assets or fund balances Part XI line 9 | Net Assets are increased by current year patronage allocations and reduced by retirement of prior allocations in cash. |
| General explanation attachment | Part IX, Line 4; All margins are allocated to the members who received service during the year. Each member's allocation is based on a percentage of their contributions to the electric revenues. |
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