Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder |
CLASSES OF MEMBERS OR STOCKHOLDERS - MEMBERS CONSIST OF CONSUMERS PURCHASING POWER FROM BOWIE-CASS ELECTRIC COOPERATIVE. |
Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body |
ELECTION OF MEMBERS AND THEIR RIGHTS - MEMBERS GOVERN ACTIONS THROUGH ELECTION OF BOARD MEMBERS. |
Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders |
DECISIONS SUBJECT TO APPROVAL OF MEMBERS - THE MEMBERS MUST APPROVE BY VOTE ALL DIRECTORS AS WELL AS ANY CHANGES TO THE ARTICLES OF INCORPORATION. |
Form 990, Part VI, Line 11b: Form 990 Review Process |
ORGANIZATION'S PROCESS TO REVIEW FORM 990 - The Form 990 and supplemental data was provided to the board members and reviewed at a meeting of the directors priorto filing with the IRS. |
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
ENFORECEMENT OF CONFLICTS POLICY - The directors provide annual statements which are documented in the board minutes. |
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management |
COMPENSATION PROCESS FOR TOP OFFICIAL CEO AND OTHER MANAGEMENT - PAY IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS. |
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
GOVERNMENT DOCUMENTS DISCLOSURE EXPANANTION - The annual financial statements and Form 990 are available for review upon request by its membership. |
Other Changes In Net Assets Or Fund Balances - Other Increases |
2020 Patronage Capital to be Allocated = $6151782 |
Other Changes In Net Assets Or Fund Balances - Other Decreases |
Change in Postretirement Healthcare Benefits = -$650878 |
Other Changes In Net Assets Or Fund Balances - Other Decreases |
Pension Liability Changes = -$1627724 |
Other Changes In Net Assets Or Fund Balances - Other Decreases |
Retirement of Patronage Capital = -$1821135 |