Clark Energy Cooperative Corporation

“Line 6 explanation - must be a member to receive electric service. Each member has 1 vote. May have more than 1 service per membership.”

“Line 7a explanation - nominating committee meets on election year to select candidate to run for the board. A member may, upon obtaining 50 written names, run for a board position.”

“Line 7b explanation - bylaws may be altered by a majority vote of the board of directors.”

“Line 11b explanation - directors are furnished a draft copy of the 990 for review prior to filing. May make inquiries of information contained in the filing. Directors also meet with the independent auditor in a closed session and are able to make additional inquiries at that time.”

“The governing body and key employees are aware of the issues involving the appearance of, and conflicts of interest and family and business relationships, and the need to disclose these issues, if applicable. There are ongoing discussions with the governing body and key employees regarding related party transactions. There is an annual review by the independent auditors and an annual review by the cooperative's attorney.”

“15.a.the governing body annually evaluates the performance of the president/ceo; raises are determined by the summation of the 9 evaluations. The national organization for electric cooperative, nreca, also publishes national compensation surveys which are available for review by the governing body.”

“Bylaws and annual financial reports are given to each member on an annual basis. Each year an annual meeting of members is held.”

“Comprehensive post retirement benefits 1,749,577. Margins allocated to members -97,818. Other equities 84,721. Capital credit retirements -126,010.”

“No changes from prior year.”

“Benefits paid to or for members represents patronage capital allocated to members in accordance with the bylaws of the cooperative. This reporting results in a difference between book income and income reported on the form 990 by the same amount.”