skip navigation

Annual Membership Meetings

 

2016 Annual Meeting

 

The Ozark Border Electric Cooperative's 2016 Annual Membership Meeting will be held on Saturday, August 6, 2016 at the Three Rivers College in Poplar Bluff, Missouri.

 

 

 

ANNUAL MEMBERSHIP MEETING

August 6, 2016

 

Ozark Border Electric Cooperative’s Annual Membership Meeting was held on Saturday, August 6, 2016 at the Three Rivers College in Poplar Bluff, Missouri.  A total of 1,181 members attended the meeting.  During the meeting four members were elected to serve on the Board of Directors of the Cooperative.  The following were those elected:

 

  • Jordan Collins – Ellsinore – District 1
  • Judy Lunsford – Poplar Bluff – District 2
  • Bill Hager – Harviell – District 3
  • Greg Lintz – Dexter – District 4

 

There are a total of twelve members who serve on the Board and the other eight directors are as follows:

 

  • Dewayne Ligons – Ellsinore – District 1
  • Gary Melton – Poplar Bluff – District 2
  • Bill Crawford – Poplar Bluff – District 3
  • Jeff Holloway – Puxico – District 4
  • Darrell Atchison – Williamsville – District 1
  • Mark Yarbro – Poplar Bluff – District 2
  • Charlie Bunting – Poplar Bluff – District 3
  • Ed Crow – Dexter – District 4

 

At the conclusion of the annual meeting, the Board elected the following officers:

 

              Darrell Atchison, President

              Judy Lunsford, Vice President

              Mark Yarbro, Secretary/Treasurer

 

 

Barry Hart, Executive Vice President of the Association of Missouri Electric Cooperatives

Barry Hart, Executive Vice President of the Association of Missouri Electric Cooperatives in Jefferson City, Missouri gave an update on the proposed EPA rules which are being challenged in court.  These rules will increase electric rates a great deal in the near future.  Representative Jason Smith of the 8th District attended the meeting and updated everyone on proposed legislation.  Representative Smith has been a strong supporter of Missouri Electric Cooperatives for a number of years.

 

 

 

Board President, Darrell Atchison

Board President, Darrell Atchison reported that Ozark Border Electric Cooperative continues to remain financially strong and at the end of 2015 was providing service to 39,526 consumers and maintaining 5,941 miles of power line.  The Board President reported that OBEC refunded $1,092,000 in capital credits to the Cooperative member/owners in 2015 and another $1,037,000 in 2016.  He reported that the average annual operating expense per consumer in 2015 was $348 for OBEC while the state average is $534 per consumer.  Ozark Border Electric Cooperative provides service to 454 consumers per full-time employee while the state average is 306 consumers per full-time employee.  The Cooperative continues to operate at a high level of efficiency. 

 

 

 

General Manager, Stanley Estes

 General Manager, Stanley Estes reported that in 2015 the power used by Cooperative members came from the following sources: 

  • Produced by coal plants – 68%
  • Produced by natural gas plants – 12%
  • Produced by hydroelectric dams – 8%
  • Produced by wind – 12%

 A total of 20% of power used in 2015 came from renewable energy.

 

The General Manager reported that every three years electric cooperatives in Missouri, participate in a survey of their members to determine how satisfied they are with the service they receive.  The General Manager thanked the OBEC members for participating in the recent survey and for giving OBEC a rating of 89 out of 100 which was the highest score in Missouri.  Ozark Border has been blessed to have a group of loyal and dedicated members and employees who work together to improve service. 

 

 
Special Guests at Annual Meeting Jason Smith, US Representative and Doug Libla, MO State Senator

Special guests at this year's Annual Meeting:

 

Jason Smith - US Representative, Missouri 8th District

                                   with

Doug Libla - Missouri State Senator, District 25

 

 

 

2016 OBEC Annual Meeting Prize Winners

 

    NAME   TOWN   PRIZE   DONATED BY
1   Abbott, Luther G.   Doniphan   6 Quart Slow Cooker   OBEC
2   Adair, Richard   Poplar Bluff   Laser Printer   Novacopy
3   Adams, Stacey   Poplar Bluff   Weed Eater   Townsend Tree Service
4   Arnold, Tony F.   Poplar Bluff   Griddle   OBEC
5   Boyers, Cynthia J.   Poplar Bluff   Auto Vac   OBEC
6   Braden, Mary J.   Poplar Bluff   $50 Walmart Gift Card   Townsend Tree Service
7   Brooks, Dickie   Puxico   $25 Lil Black River Café Gift Certificate
& $75 Walmart Gift Card
  OBEC
8   Burnett, Mack A. Jr   Williamsville   $50 Walmart Gift Card   Pike Electric
9   Campbell, Mary K.   Poplar Bluff   Toaster/Toaster Oven   OBEC
10   Carr, Fred R. Jr.   Broseley   $75 Walmart Gift Card   OBEC
11   City Of Naylor   Naylor   Coffee Maker   OBEC
12   Daughhetee, Ronald E.   Poplar Bluff   $75 Walmart Gift Card   OBEC
13   Dicken, Curtis   Poplar Bluff   $25 Lil Black River Café Gift Certificate
& $75 Walmart Gift Card
  OBEC
14   Dorris, Roy L.   Derby, KS   Battery Backup   Novacopy
15   Drake, Donald L.   Fairdealing   $75 Walmart Gift Card   OBEC
16   Durrow, Linda D.   Williamsville   $75 Walmart Gift Card   OBEC
17   Dye, Myra S.   Poplar Bluff   $50 Walmart Gift Card   Pike Electric
18   Edgin, Sharon   Bernie   $25 Lil Black River Café Gift Certificate
& $75 Walmart Gift Card
  OBEC
19   Esmon, Betty M.   Doniphan   $50 Huck's Gift Card   Cash's Car Clinic
20   Evans, Larry L.   Poplar Bluff   $50 Walmart Gift Card   Pike Electric
21   Fann, Billy W.   Doniphan   $50 Walmart Gift Card   Townsend Tree Service
22   Foster, Clifford L.   Doniphan   $75 Walmart Gift Card   OBEC
23   Fris, Gerald L.   Mill Spring   $50 Walmart Gift Card   Pike Electric
24   Getter, Edna M.   Doniphan   $75 Walmart Gift Card   OBEC
25   Gowen, Laura B.   Poplar Bluff   4 Quart Slow Cooker   OBEC
26   Greenlee, Gary L   Poplar Bluff   Tool Set   OBEC
27   Griffin, Sam C.   Doniphan   $50 Huck's Gift Card   Cash's Car Clinic
28   Griffin, Thomas L. Jr.   Wappapello   $50 Huck's Gift Card   Cash's Car Clinic
29   Hall, Roy   Poplar Bluff   16 Quart Cooler   OBEC
30   Hampton, Linda Kay   Poplar Bluff   Coffee Maker 2 Way   OBEC
31   Harris, Thomas A.   Poplar Bluff   $75 Walmart Gift Card   OBEC
32   Hedrick, Ronald L. Jr.   Poplar Bluff   6 Quart Slow Cooker   OBEC
33   Hutcheson, Jo Ann   Poplar Bluff   $50 Huck's Gift Card   Cash's Car Clinic
34   Jenkins, Robert D.   Puxico   $25 Lil Black River Café Gift Certificate
& $75 Walmart Gift Card
  OBEC
35   Jones, David E.   Poplar Bluff   NutriBullet Blender   Cape Electric
36   Jones, Matthew S.   Puxico   Fry Daddy   OBEC
37   Ketcherside, James E.   Wappapello   $25 Lil Black River Café Gift Certificate
& $75 Walmart Gift Card
  OBEC
38   Ligons, Denver   Ellsinore   $25 Walmart Gift Card   Arkansas Electric Cooperative
39   Lloyd, Jonathan   Harviell   $25 Lil Black River Café Gift Certificate
& $75 Walmart Gift Card
  OBEC
40   Long, Bonita S.   Fisk   Spot Light   Anixter
41   Lunsford, Ken   Poplar Bluff   Suitcase   MACCO
42   May, Larry D.   Doniphan   $50 Walmart Gift Card   Townsend Tree Service
43   McGill, Glenna F.   Poplar Bluff   $25 Lil Black River Café Gift Certificate
& $75 Walmart Gift Card
  OBEC
44   McMullin, Ruth   Poplar Bluff   Auto Vac   OBEC
45   Oglesville Baptist Church   Qulin   55" TV   OBEC
46   Pennington, Glen   Doniphan   Toaster/Toaster Oven   OBEC
47   Potter, Leah F.   Poplar Bluff   $50 Walmart Gift Card   Pike Electric
48   Robinson, Jason P.   Harviell   $25 Walmart Gift Card   Arkansas Electric Cooperative
49   Shannon, Edward H.   Poplar Bluff   $50 Walmart Gift Card   Townsend Tree Service
50   Short, Larry D.   Poplar Bluff   Galaxy Tablet   Southern Bank
51   Smith, Alvie R.   McGee   $75 Walmart Gift Card   OBEC
52   Smith, Matthew E.   Poplar Bluff   $25 Lil Black River Café Gift Certificate
& $75 Walmart Gift Card
  OBEC
53   Smith, Stephen G.   Doniphan   $50 Walmart Gift Card   Townsend Tree Service
54   Spencer, Julie   Poplar Bluff   Backpack   NISC
55   Spring Hill Bapt Church   Doniphan   Knife Sharpener   OBEC
56   Staley, Richard C.   Dexter   $50 Walmart Gift Card   Pike Electric
57   Stuart, Thomas   Fairdealing   $75 Walmart Gift Card   OBEC
58   Studt, Carol A.   Wappapello   Igloo Cooler    McCoy's Scrap Metal
59   Tate, Terry G.   Campbell   $50 Walmart Gift Card   Townsend Tree Service
60   Thomas, Leslie E.   Harviell   4 Quart Slow Cooker   OBEC
61   Tipton, Arnold R.   Qulin $75 Walmart Gift Card OBEC
62   Walk, Harold W.   McGee   $50 Walmart Gift Card   Pike Electric
63   Watson, Rebecca F.   Poplar Bluff   Work Light   Fletcher-Reinhardt
64   Webster, Hilda J.   Poplar Bluff   Fry Daddy   OBEC
65   Weinert, Floy D.   Poplar Bluff   $25 Lil Black River Café Gift Certificate
& $75 Walmart Gift Card
  OBEC
66   Wells, Naomi R.   Ellsinore   40" TV   M & A Electric
67   Wheelis, Eldon E.   Poplar Bluff   $25 Lil Black River Café Gift Certificate
& $75 Walmart Gift Card
  OBEC
68   Woolard, Leon E.   Poplar Bluff   $50 Walmart Gift Card   Pike Electric

 

 

ELECTION OF DIRECTORS BY BOARD DISTRICTS

 

At the 2013 Annual Membership Meeting, the OBEC members approved a bylaw which divided the Cooperative’s service area into four board districts with three directors from each district.  At Annual Meetings, Cooperative members will elect four board members, one from each board district.  They will serve a three year term.  While one director is elected from each district, all members will vote for candidates in all four districts.  The candidate receiving the most votes within a district will be elected to the board.

 

ELECTION OF DIRECTORS BY BOARD DISTRICTS

 

This bylaw ensures that each area has representation and ensures that all members can vote for one candidate in each district.  The Cooperative’s bylaw  have a term limit provision which limits the number of terms or parts of a term that a member can serve on the board to seven terms.

 

Cooperative members will not need to know which district they live in unless they want to run for a director’s position on the Cooperative’s board of directors.  Director candidates for a district shall be a bona fide resident of the district in which they run and shall be qualified to serve only in the district in which they reside.

 

 

FINANCIAL RECORDS

 

 

The Cooperative’s financial records for 2015 were audited by Kraft, Miles and Tatum, Certified Public Accountants, and have been reported to the Rural Utilities Service.  If anyone has questions about the enclosed financial reports or the operations of the Cooperative, please contact the Cooperative’s business office at 573-785-4631 or 1-800-392-0567 in Poplar Bluff, Missouri.  Business hours are Monday through Friday, 8:00 A.M. to 5:00 P.M.

The Cooperative’s statement of operations and balance sheet for the year 2015 are enclosed in this annual report to the members.  The Cooperative ended 2015 with an operating margin of $199,478 which was considerably less than the previous year. Since the Cooperative sold less electricity in 2015 than 2014 because of mild weather, a decrease in margins was expected.

Ozark Border Electric Cooperative was organized in 1938 and since that time has grown to an electric cooperative with over $222 million in assets while providing 697 million Kwh annually to its members.  In the early years affordable power was more important than reliability.  Today, the Cooperative provides service to 39,526 active meters, maintains 5,941 miles of power line and both affordable power and reliable power are very important to today’s members.  

While Ozark Border Electric Cooperative struggled in its early years like most other electric cooperatives, today it has become an efficient cooperative as a result of dedicated cooperative members and employees.  In 2015, the Cooperative’s annual operating expense was $348 per consumer compared to the state average for all electric cooperatives in Missouri of $534 per consumer.  OBEC has one of the lowest annual operating cost of electric cooperatives in Missouri.  OBEC serves 454 consumers per full time employee compared to a state average of 306 consumers per full-time employee.  The Cooperative’s efficiency level remains very good even in a difficult economy because of dedicated employees and members who are willing to work together to improve service and keep cost low.  Cooperative members have allowed the Cooperative to cut and trim trees near power lines to reduce right-of-way clearing cost, reduce power outages and reduce line blinks.  More than 80% of the Cooperative’s 3,786 irrigation accounts have agreed to not use the irrigation wells during peak times in order to reduce demand cost.  Cooperative members report damage to power lines during storms which has reduced outage time and cost.  One of the strengths of our country and our Cooperative is the willingness of everyone to work together for common goals.  The Cooperative would like to thank the members for making 2015 a successful year for the Cooperative.

At the end of 2015 the Cooperative’s power supplier notified Ozark Border Electric Cooperative that its purchase power rates would be increased in the first part of 2016 and on April 1, 2016, the purchase power rates were increased.  Since 62% of the cost to operate the Cooperative is purchase power cost OBEC has no choice but to raise rates to the members.  A cost of service study was performed by an outside rate consultant and new rates have been developed and approved which will take effect on the September 1, 2016 electric bills.  When the cost of the electricity used by our members is increased, there is no choice but to raise the electric rates.  Along with the increase in purchase power cost the Cooperative has experienced an increase in a number of other areas such as construction cost, operations expenses and maintenance expenses.  The last time rates were increased was April 1, 2012 which is over four years ago.  It’s never a good time to raise rates; however, sometimes there are no other choices.  The Cooperative appreciates the opportunity to provide your electric service and looks forward to working with you in the future.

                                    

Stanley Estes

General Manager

 

 

Balance Sheet As of December 31

 

Statement of Operations

 

 

 

 

 

 

 

 

     

Ozark Border Electric Cooperative
PO Box 400 • Poplar Bluff, MO 63902
Toll Free: 800-392-0567  •  info@ozarkborder.org  •  Privacy Policy  •  Statement of Nondiscrimination  •  Email Login  • Disability Accesible Links

Created and Maintained by Creative Design Group