Laclede Electric Cooperative

“All patrons who receive electric service from laclede electric cooperative are voting members of the cooperative. These members elect the members of the laclede electric board of directors at the cooperative's annual meeting.”

“All patrons who receive electric service from laclede electric cooperative are voting members of the cooperative. These members elect the members of the laclede electric board of directors at the cooperative's annual meeting.”

“The irs form 990 is reviewed by paid preparer and management before e-filing the return. The return is reviewed with the laclede electric cooperative board of directors at the next meeting.”

“The officers, current directors and key employees are required to complete a document which may identify any conflict of interest. This is completed annually prior to the preparation of the irs form 990.”

“A labor committee comprised of members of the laclede electric cooperative board of directors review the key employee compensation and benefits annually. Any proposed changes are approved by the full board of directors.”

“All of the policies are available for inspection upon request. The cooperative also publishes an annual income statement and balance sheet in its annual meeting notice which is mailed to all active members. The cooperative bylaws are given to all prospective members requesting service from laclede electric cooperative.”

“Net assets are increased by current year patronage allocations and reduced by retirement of prior allocations in cash.”

“All margins are allocated to the members who received service during the year. Each member's allocation is based on a percentage of their contributions to the electric revenue.”