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 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2017
Open to Public
Inspection
Name of the organization
FIRELANDS ELECTRIC COOPERATIVE INC
 
Employer identification number

34-4232845
Return Reference Explanation
FORM 990 SCHEDULE L, PART IV - BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS THE COOPERATIVE IS A MEMBER OF BUCKEYE POWER, INC. WHICH IS A GENERATING AND TRANSMISSION COOPERATIVE. THE COOPERATIVE HAS ENTERED INTO AN AGREEMENT WITH BUCKEYE POWER, INC. TO SUPPLY SUBSTANTIALLY ALL OF THE COOPERATIVE'S FUTURE POWER NEEDS THROUGH 2057. THE COOPERATIVE'S BOARD PRESIDENT, DANIEL MCNAULL SERVES ON THE MARKETING COMMITTEE FOR BUCKEYE POWER, INC. AND SERVES ON THE BOARD OF THE OHIO RURAL ELECTRIC COOPERATIVE, INC. THE COOPERATIVE'S GENERAL MANAGER, APRIL BORDAS, SERVES ON THE BOARD OF TRUSTEES AND THE LOAD MANAGEMENT COMMITTEE OF BUCKEYE POWER, INC., AS WELL AS THE ACTION COMMITTEE FOR RURAL ELECTRIFICATION. BOARD MEMBER RICHARD REIDY ALSO SERVES ON THE BOARD OF TRUSTEES OF BUCKEYE POWER, INC.
FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS/OWNERS.
FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS ELECT TRUSTEES AT THE ANNUAL MEETING.
FORM 990, PAGE 6, PART VI, LINE 7B SOME ISSUES ARE VOTED ON BY THE MEMBER/OWNERS.
FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD OF DIRECTORS/TRUSTEES REVIEW THE FORM 990 AT A MEETING PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12C EACH OFFICER, DIRECTOR OR TRUSTEE COMPLETES A BOARD INDEPENDENCE QUESTIONNAIRE ANNUALLY.
FORM 990, PAGE 6, PART VI, LINE 19 A CONDENSED VERSION OF THE FINANCIAL STATEMENTS ARE MADE AVAILABLE WITH THE ANNUAL MEETING INFORMATION, ARE PUBLISHED IN THE COOPERATIVE MAGAZINE "COUNTRY LIVING", AND ARE ON THE CO-OP'S WEBSITE.
FORM 990, PART XI, LINE 9 OTHER 151,428 RETIREMENT OF PATRONAGE CAPITAL -857,604 TERMINATION OF MEMBERSHIPS -1,245 TOTAL -707,421
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2017


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