TY 2012 Form 990 Schedule O

efile Public Visual Render ObjectId: 201313099349300211 - Submission: 2013-11-05 TIN: 62-0292655

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.

OMB No. 1545-0047

2012

Open to Public
Inspection

Name of the organization

MERIWETHER LEWIS ELECTRIC COOPERATI

Employer identification number

62-0292655

Identifier	Return Reference	Explanation
CLASSES OF MEMBERS OR STOCKHOLDERS	FORM 990, PAGE 6, PART VI, LINE 6	THERE IS ONLY ONE CLASS OF MEMBERS. ALL MEMBERS HAVE THE RIGHT TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS (THE GOVERNING BODY OF MLEC).
ELECTION OF MEMBERS AND THEIR RIGHTS	FORM 990, PAGE 6, PART VI, LINE 7A	MEMBERS ARE ASSIGNED TO DISTRICT'S BASED ON THE LOCATION OF THEIR SERVICE. EACH DISTRICT'S MEMBERS ELECT REPRESENTATIVES TO SERVE ON THE BOARD OF DIRECTORS. DIRECTORS SERVE FOUR YEAR TERMS.
DECISIONS SUBJECT TO APPROVAL OF MEMBERS	FORM 990, PAGE 6, PART VI, LINE 7B	CHANGES TO THE BY-LAWS AS WELL AS ANY SALE OR TERMINATION OF THE COOPERATIVE WOULD HAVE TO BE APPROVED BY THE MEMBERS.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	IRS FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO ITS SUBMITTAL TO THE IRS. THE FORM IS ALSO REVIEWED BY THE CEO AND CFO.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	DETERMINATION OF THE CEO'S COMPENSATION IS CONDUCTED ANNUALLY BY THE BOARD AND INCLUDES COMPARABILITY DATA. THE PROCESS IS DELIBERATIVE AND THE RESULTS ( AND EFFECTIVE DATE) ARE DOCUMENTED.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	ALL MEMBERS ARE FURNISHED A COPY OF THE "BY-LAWS AND RULES AND REGULATIONS" UPON APPLICATION FOR MEMBERSHIP, OR UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE FURNISHED AS A SUMMARY IN THE ANNUAL REPORT (WITH NARRATIVE) IN THE TENNESSEE MAGAZINE. ADDITIONAL DETAIL IS FURNISHED UPON REQUEST.
OTHER CHANGES IN NET ASSETS EXPLANATION	FORM 990, PART XI, LINE 9	AMORTIZATION OF ACTURIAL LOSS-POST RETIREMENT BEN. 472,700 NET CHANGE IN MEMBERSHIPS 185 THE AMORTIZATION OF ACTUARIAL LOSS INCREASES OTHER COMPREHENSIVE INCOME WHILE THE NET CHANGE IN MEMBERSHIPS IS A DIRECT CHARGE TO NET ASSETS.

Identifier

Return Reference

Explanation

CLASSES OF MEMBERS OR STOCKHOLDERS

FORM 990, PAGE 6, PART VI, LINE 6

THERE IS ONLY ONE CLASS OF MEMBERS. ALL MEMBERS HAVE THE RIGHT TO ELECT THE MEMBERS OF THE BOARD OF DIRECTORS (THE GOVERNING BODY OF MLEC).

ELECTION OF MEMBERS AND THEIR RIGHTS

FORM 990, PAGE 6, PART VI, LINE 7A

MEMBERS ARE ASSIGNED TO DISTRICT'S BASED ON THE LOCATION OF THEIR SERVICE. EACH DISTRICT'S MEMBERS ELECT REPRESENTATIVES TO SERVE ON THE BOARD OF DIRECTORS. DIRECTORS SERVE FOUR YEAR TERMS.

DECISIONS SUBJECT TO APPROVAL OF MEMBERS

FORM 990, PAGE 6, PART VI, LINE 7B

CHANGES TO THE BY-LAWS AS WELL AS ANY SALE OR TERMINATION OF THE COOPERATIVE WOULD HAVE TO BE APPROVED BY THE MEMBERS.

ORGANIZATION'S PROCESS USED TO REVIEW FORM 990

FORM 990, PAGE 6, PART VI, LINE 11B

IRS FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO ITS SUBMITTAL TO THE IRS. THE FORM IS ALSO REVIEWED BY THE CEO AND CFO.

COMPENSATION PROCESS FOR TOP OFFICIAL

FORM 990, PAGE 6, PART VI, LINE 15A

DETERMINATION OF THE CEO'S COMPENSATION IS CONDUCTED ANNUALLY BY THE BOARD AND INCLUDES COMPARABILITY DATA. THE PROCESS IS DELIBERATIVE AND THE RESULTS ( AND EFFECTIVE DATE) ARE DOCUMENTED.

GOVERNING DOCUMENTS DISCLOSURE EXPLANATION

FORM 990, PAGE 6, PART VI, LINE 19

ALL MEMBERS ARE FURNISHED A COPY OF THE "BY-LAWS AND RULES AND REGULATIONS" UPON APPLICATION FOR MEMBERSHIP, OR UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE FURNISHED AS A SUMMARY IN THE ANNUAL REPORT (WITH NARRATIVE) IN THE TENNESSEE MAGAZINE. ADDITIONAL DETAIL IS FURNISHED UPON REQUEST.

OTHER CHANGES IN NET ASSETS EXPLANATION

FORM 990, PART XI, LINE 9

AMORTIZATION OF ACTURIAL LOSS-POST RETIREMENT BEN. 472,700 NET CHANGE IN MEMBERSHIPS 185 THE AMORTIZATION OF ACTUARIAL LOSS INCREASES OTHER COMPREHENSIVE INCOME WHILE THE NET CHANGE IN MEMBERSHIPS IS A DIRECT CHARGE TO NET ASSETS.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2012

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