Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Officer directors etc family relationship Part VI line 2 | DON CUPPS OUR ATTORNEY OF RECORD IS A BROTHER TO DAVID CUPPS, BOARD PRESIDENT. |
| Members or stockholder classes and rights Part VI line 6 | FORM 990 PART VI SECTION A LINE 6 EACH PERSON OR BUSINESS PROVIDED SERVICE BY BARRY ELECTRIC COOPERATIVE IS A MEMBER OF THE COOPERATIVE AND IS ENTITLED TO ONE VOTE. |
| Member election for additional members Part VI line 7a | FORM 990 SECTION A LINE 7A THE BOARD IS COMPRISED OF NINE MEMBERS SERVING A THREE YEAR TERM. THREE BOARD MEMBERS COME UP FOR ELECTION EACH YEAR. EVERYONE PUCHASING ELECTRICITY FROM THE COOPERATIVE PAYS A MEMBERSHIP FEE AND BECOMES A MEMBER OF THE COOPERATIVE WITH ALL THE RIGHTS AND RESPONSIBILITIES IT ENTAILS. THERE IS NO VOTE ON NEW MEMBERS. |
| Governing body decisions Part VI line 7b | ANY CHANGES TO THE BY-LAWS MUST BE APPROVED BY A VOTE OF THE MEMBERS AT THE ANNUAL MEETING AFTER IT HAS BEEN DETERMINED THAT A QUOROM IS PRESENT. |
| Form 990 governing body review Part VI line 11 | BEFORE FILING THE RETURN, THE TAX RETURN IS PRESENTED TO AND REVIEWED WITH THE GOVERNING BOARD AT A BOARD MEETING. MOTION FOR FILING OF THE TAX RETURN MUST BE MADE AND APPROVED BY THE BOARD. |
| Conflict of interest policy compliance Part VI line 12c | ALL BOARD MEMBERS AND OFFICERS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL CONFLICTS. IF THERE IS A CONFLICT THE BOARD MEMBER WILL REMOVE THEMSELVES ROM ANY DISCUSSION OR VOTE ON THAT PARTICULAR SITUATION. |
| Governing documents etc available to public Part VI line 19 | EACH PERSON OR BUSINESS WHO HAS ELECTRIC SERVICE WITH BARRY ELECTRIC COOPERATIVE HAS THE RIGHT TO ATTEND THE ANNUAL MEETING AND VOTE ON ANY BY-LAW CHANGES AND BOARD POSITIONS UP FOR ELECTION THAT YEAR. A COPY OF THE BY-LAWS ARE GIVEN TO EACH NEW MEMBER WHEN SERVICE IS SET UP OR TO CURRENT MEMBERS WHEN REQUESTED. CONFLICT OF INTEREST POLICIES ARE GIVEN ORALLY AT EACH ANNUAL MEETING. A COPY OF FORM 990 WOULD BE ISSUED UPON REQUEST. |
| Significant program services not listed on prior year return Part III line 2 | HAVE STARTED A PROGRAM TO PROVIDE RELIABLE INTERNET SERVICE TO OUR MEMBERS. CONSTUCTION STARTED IN 2015 A ND IS TO BE IMPLEMENT IN 5 STAGES. |
| Explanation of other changes in net assets or fund balances Part XI line 9 | INCOME ALLOCATED TO MEMBERS AS CAPITAL CREDITS WAS $1363698.00. GENERAL CAPITAL CREDIT RETIREMENTS PAID WAS ($703654.00). CAPITAL CREDIT AMOUNTS MOVED TO UNCLAIMED WERE $141208.00 AND CAPITAL CREDIT ESTATE ACCOUNTS PAID WERE ($99,560.00)INCREASE IN MEMBERSHIPS WAS $2,310.00 |
| List of other expenses Part IX line 24e | FORM 990 PART IX LINES 5,7,8,9,& 10 SALARIES ARE SPREAD TO VARIOUS EXPENSES AS OVERHEAD AND THEREFORE NOT CHARGED AS SALARIES, PAYROLL TAXES ETC. THESE ARE THE SALARIES AND BENEFITS CAPITALIZED OR EXPENSED FOR THE YEAR ON PART IX LINE 24 LINES B THROUGH F. SALARIES FOR 2014 $1,985078.00 PAYROLL TAXES $147,617.00, PENSION EXPENSED FOR 2014, $220,332.00 401(K)BASE AND MATCH $62,136.00 WORK COMP EXPENSE $40,216.00, HEALTH LIFE AND DISABILITY $345,654.00, HSA PAID BY EMPLOYER $47,200.00. PAYROLL DOES NOT INCLUDE AMOUNTS PAID TO DIRECTORS BUT DOES INCLUDE EMPLOYEES LISTED AS OFFICERS. |
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