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
2020
Open to Public
Inspection
Name of the organization
MERIWETHER LEWIS ELECTRIC
COOPERATIVE
Employer identification number

62-0292655
Return Reference Explanation
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).
FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS ARE ASSIGNED TO DISTRICTS 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.
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.
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.
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.
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.
FORM 990, PART XI, LINE 9 AMORT. OF ACTUARIAL GAIN-POST RETIREMENT BEN. -5,500 NET CHANGE IN MEMBERSHIPS 2,835 TOTAL -2,665
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2020


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