Tallapoosa River Electric Coop Inc

“Member owned cooperative.”

“Each member has one vote.”

“By-law changes are approved by the members present at the annual meeting if a quorum is met.”

“A copy of the form 990 will be presented to the board at a regularly scheduled meeting.”

“The members of the governing body as well as the officers must disclose, annually, any conflicts of interest on a questionnaire.”

“The governing body examines state, regional, and national payroll pay scales and compares them to the existing pay rates.”

“The governing body examines state, regional, and national payroll pay scales and compares them to the existing pay rates.”

“These documents are available upon request at the cooperative's main office. Also, a membership packet with rules and regulations and by-laws is mailed to each new member. A copy of the audited balance sheet, statement of revenue and patronage capital, and the statement of cash flows are included in the official notice of annual membership meeting and program mailed to each member in july.”

“Part ix, line 4 - retirement of capital credits disclosed represent the retirement of patronage capital allocated in prior years which were paid to members in the current year.”

“Compensation process - the governing body examines state, regional, and national payroll pay scales and compares them to the existing pay rates.”

“Line 2b: the cooperative receives audited financial statements from the fiscal year ended september 30th. It prepares its tax return on a calendar year basis ending on december 31st. Form 990, part ix, line 22: the cooperative follows the rus recommendation of computing depreciation under a straight-line method with annual composite rates, which amortize the original cost of each class or group of property over its estimated useful service life. Similarly, the book cost of limited-term plant is amortized evenly over the period of benefit to the cooperative.”

“Retirement of captial credits paid 599,906”

“Memberships 830 utility tax refund 129,870 capital credits unclaimed 161,844 retirement of capital credits 599,906 other comprehensive loss in temp investments 126,806”