Barton County Electric Coop Inc

“MEMBERS”

“Three board members are voted on and elected each year by the general membership. Each board member is elected for a term of 3 years. These directors are all members of the organization and are elected by one member equals one vote principle at our annual membership meeting.”

“There are eight directors which approve all policies of the organization, but the general membership must approve any changes made to the bylaws of the organization. Those bylaws require notification of and a vote of the members at the annual meeting to change.”

“The board of directors is presented with a copy of the 990 at the board meeting. They will review it by section and ask questions to the ceo/general manager.”

“Conflict of interest policy and whistleblower policy are annually reviewed with employees and board of directors. Board of directors are asked to excuse themselves from any decision with which they have a conflict of interest.”

“Y”

“In 2008 our organization hired the nreca consulting group to evaluate job duties and compensation of the entire staff. Each job description was assigned a grade. Compensation is determined by grade level, which is comparable to other cooperatives within the region.”

“Barton county electric cooperative presents the annual audit at the annual member's meeting. Bcec has an access to information policy that details how members may obtain cooperative information. All bcec bylaws and minutes of our board of director's meetings are posted for public access on our website.”

“To improve farm production and living standards through electrical services provided to rural areas on a cooperative basis. To improve the economy of the community through electrical service provided to commercial, schools and churches. And to promote a clean and safe environment through electrical service provided to landfills, highways and parks.”

“Patronage dividend allocated 731,805”

“Other comprehensive income 17,422 less: retirements of patronage capital 382,083”