Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | ALL MEMBERS OF FRCC SHALL BE REGIONAL ENTITY MEMBERS. REGIONAL ENTITY MEMBERS SHALL BE ELIGIBLE TO PARTICIPATE IN THE REGIONAL ENTITY ACTIVITIES OF FRCC. ALL MEMBERS THAT PARTICIPATE IN THE GENERATION, MARKETING, TRANSMISSION OR PURCHASE FOR RESALE OF ELECTRIC ENERGY, ANCILLARY SERVICES OR CAPACITY ON, FROM OR TO THE BULK POWER SYSTEM IN THE FRCC REGION MAY CHOOSE TO BE SERVICES MEMBERS, AND MAY PARTICIPATE IN FRCC MEMBER SERVICES ACTIVITIES. ONLY MEMBERS THAT ARE SERVICES MEMBERS SHALL BE ELIGIBLE TO PARTICIPATE IN DECISIONS GOVERNING THE MEMBER SERVICES OF FRCC, OR THE VOTING RIGHTS AND FUNDING OBLIGATIONS OF SERVICES MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | (1) DIRECTORS, WITH THE EXCEPTION OF THE CEO, SHALL BE ELECTED AS DESCRIBED HEREIN. DIRECTORS ALLOCATED TO A PARTICULAR SECTOR SHALL BE ELECTED BY THE VOTING MEMBERS OF SUCH SECTOR BY MAJORITY VOTE. IN ADDITION, WITHIN EACH SECTOR, VOTING MEMBERS FROM THAT SECTOR MAY, BY MAJORITY VOTE, ELECT ADDITIONAL DIRECTORS, SUBJECT TO A MAXIMUM OF FIVE (5) DIRECTORS REPRESENTING SUCH SECTOR. FINALLY, THE VOTING MEMBERS IN A SECTOR MAY ELECT, BY MAJORITY VOTE, AN ALTERNATE DIRECTOR" FOR EACH DIRECTOR. EACH ALTERNATE DIRECTOR SHALL BE DESIGNATED AS AN ALTERNATE FOR A PARTICULAR ELECTED DIRECTOR OF THAT SECTOR. TO BE ELIGIBLE, AN ALTERNATE DIRECTOR SHALL EITHER BE A DIRECT REPORT TO THE DIRECTOR FOR WHICH THAT PERSON IS THE DESIGNATED ALTERNATE DIRECTOR, OR A SENIOR OFFICER OR MANAGER OF THE VOTING MEMBER REPRESENTED BY THE ALTERNATE DIRECTOR. NOTWITHSTANDING THE FOREGOING, UNDER NO CIRCUMSTANCE SHALL THE TOTAL VOTES OF THE DIRECTORS OR THEIR ALTERNATE DIRECTORS FOR A SECTOR EXCEED THE TOTAL VOTES OF THE DIRECTORS OF SUCH SECTOR SPECIFIED IN SECTION 3.2(E) OF THE BYLAWS. (2) WITHIN EACH SECTOR, ONLY VOTING MEMBERS FROM A GIVEN SECTOR MAY ELECT DIRECTORS OR ALTERNATE DIRECTORS FOR THAT SECTOR. (3) WITHIN THE LOAD SERVING ENTITY SECTOR, DIRECTOR(S) REPRESENTING 0.5 VOTES SHALL ALL BE FROM A MUNICIPAL AND DIRECTOR(S) REPRESENTING 0.5 VOTES SHALL BE FROM A COOPERATIVE. |
| FORM 990, PART VI, SECTION A, LINE 7B | BYLAW AMENDMENTS ARE APPROVED BY THE VOTING MEMBERS, AFTER WHICH THE BYLAW AMENDMENTS MUST BE SUBMITTED TO NERC AND THEN TO FERC FOR FINAL APPROVAL." |
| FORM 990, PART VI, SECTION B, LINE 11B | AN ELECTRONIC COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | A CONFLICT OF INTEREST STATEMENT IS DISTRIBUTED TO AND SIGNED BY COMPANY OFFICERS AND EMPLOYEES ON AN ANNUAL BASIS. THIS STATEMENT IS REVIEWED BY THE CONTROLLER AND THE CEO. |
| FORM 990, PART VI, SECTION B, LINE 15 | THERE IS AN EXECUTIVE COMPENSATION COMMITTEE, COMPOSED OF THE OFFICERS OF THE BOARD OF DIRECTORS THAT MEETS ANNUALLY TO DETERMINE THE COMPENSATION AND BONUS OF THE OFFICERS OF THE CORPORATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | BUDGETS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO ANY PERSON WHO REQUESTS IT VERBALLY OR IN WRITING. |
| FORM 990, PART IX, LINE 11G | CONSULTING FEES 5,478,601. SOFTWARE MAINTENANCE 302,982. |
| FORM 990, PAGE 11, PART X, LINE 7(B) | THIS REPRESENTS THE AMOUNT DUE FROM A RELATED ENTITY (FLORIDA ELECTRIC POWER COORDINATING GROUP EIN #59-1488248) FOR BOTH TAX YEARS. |
| FORM 990, PART XI, LINE 9: | CHANGE IN POSTRETIREMENT OBLIGATION 6,731. |
| FORM 990, PAGE 10, PART IX, LINE 7 - OTHER SALARIES AND WAGES & | THE NUMBER OF EMPLOYEES REPORTED ON FORM W-3 INCLUDES EMPLOYEES THAT WORK FOR A RELATED PARTY, FLORIDA ELECTRIC POWER COORDINATING GROUP, INC. (FEIN #59-1488248). FLORIDA ELECTRIC POWER COORDINATING GROUP, INC. REIMBURSES FLORIDA RELIABILITY COORDINATING COUNCIL, INC. FOR THESE WAGES. AS SUCH, THE W-2S THAT REPORT THESE WAGES WERE FILED BY FLORIDA RELIABILITY COORDINATING COUNCIL, INC. AND NO FORM W-3 OR FORMS W-2 WERE FILED BY FLORIDA ELECTRIC POWER COORDINATING GROUP, INC FOR THESE EMPLOYEES. |
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