Missouri Electric Cooperatives Association of Mo Electric Cooperatives

“The following board members have a business relationship: david tudor, dan singletary, chris turner, carmen hartwell, chris hamon, and jason marshall.”

“Membership in the association is limited to electric cooperatives operating primarily within the state of missouri.”

“The business and affairs of the association are managed by a board of directors consisting of one person from each member organization. Each member of the association selects a director to represent it on the board of directors of the association. Each member also selects an alternate who possesses the same qualifications as required for a director, and so shall serve as a director in the event of the inability of the first person selected to serve.”

“The bylaws may be altered, amended or repealed by the members at any regular or special meeting. The notice of such meeting shall contain a copy of the proposed alteration, amendment or repeal to be considered at such meeting.”

“Before form 990 is filed, the governing board reviews and approves the annual audit report which is utilized in the preparation of the form 990. The vice president of finance/cfo and the executive vice president/ceo review the form 990 before it is filed.”

“Annually, a questionnaire is mailed asking questions relating to conflicts of interest. The board member is required to sign and date the form certifying that they have read the policy, understand the policy, and agree to comply with the policy.”

“The board president annually mails the performance summary of the executive vice president/ceo to each committee member to be completed and returned for evaluation. The board president then reviews the performance summary evaluation with the committee at the next meeting and then presents the evaluation to the executive vice president/ceo. The executive committee uses the nreca comparative analysis report to compare salaries of other statewide executive vice president/ceo's to determine salary compensation. Amec employees complete a performance review worksheet annually which is reviewed with their supervisor during evaluation. The supervisor completes a performance summary sheet on the employee along with reviewing their job description. The department head, along with the executive vice president/ceo, uses the nreca comparative analysis report to determine compensation.”

“Amec makes financial statements and governing documents available to the public upon request during business hours the same day as the request if made in person; otherwise a copy will be mailed within 30 days if the request is in writing. Conflict of interest: amec may make conflict of interest policy available upon review of request. Governing documents: amec may make governing documents available upon review of request.”

“In order to provide retirement benefits to its employees, the association has established a defined contribution plan under section 401(k) of the internal revenue code. Employer contributions to the plan are made pursuant to the plan document. Additionally, the association participates in a multi-employer defined benefit plan. Contributions to this plan are based on the full funding limitation of such plan. Employer contributions for both plans are available to participating employees, including officers, key employees and highly compensated employees, meeting the eligibility requirements of such plans. The organization also provides health and life insurance to all eligible employees through a qualified plan. The amounts reported on part vii, column (f) for the officers, key employees and highly compensated employees is comprised of actuarial increase in the defined benefit plan, the total amount contributed by the organization to the defined contribution plan and insurance paid on behalf of and for their benefit.”

“Other comprehensive income adjustment - exec benefit restoration plan 24,734.”

“The executive committee of the board of directors oversees the financial statement audit and selects the independent financial statement auditor.”

“The executive benefit restoration plan ("ebr plan") is an unfunded and unsecured plan, created in 2019, which is sponsored and maintained by the association primarily for the purpose of providing deferred compensation for a select group of management or highly compensated employees of the association. The association's net effect change from prior year is $24,734.”