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The Franklin Electric Cooperative

Details

Name: The Franklin Electric Cooperative
Jurisdiction: Alabama
Legal type: Domestic Non-Profit Corporation
Status: Exists
Date of registration: 06 Jun 1945 (80 years ago)
Entity Number: 000-745-528
Register Number: 000745528
Place of Formation: Franklin County
Principal Address: RUSSELLVILLE, AL

Activities ELECTRIC CORP

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
FRANKLIN ELECTRIC COOPERATIVE MONEY PURCHASE PENSION PLAN 2022 630253927 2024-02-20 FRANKLIN ELECTRIC COOPERATIVE 24
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1972-07-01
Business code 221100
Sponsor’s telephone number 2563322730
Plan sponsor’s address PO BOX 10, RUSSELLVILLE, AL, 35653

Signature of

Role Plan administrator
Date 2024-02-20
Name of individual signing TOMMY HORST
FRANKLIN ELECTRIC COOPERATIVE MONEY PURCHASE PENSION PLAN 2021 630253927 2022-10-04 FRANKLIN ELECTRIC COOPERATIVE 25
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1972-07-01
Business code 221100
Sponsor’s telephone number 2563322730
Plan sponsor’s address PO BOX 10, RUSSELLVILLE, AL, 35653

Signature of

Role Plan administrator
Date 2022-10-04
Name of individual signing TOMMY HORST
FRANKLIN ELECTRIC COOPERATIVE MONEY PURCHASE PENSION PLAN 2021 630253927 2022-10-04 FRANKLIN ELECTRIC COOPERATIVE 25
Three-digit plan number (PN) 001
Effective date of plan 1972-07-01
Business code 221100
Sponsor’s telephone number 2563322730
Plan sponsor’s address PO BOX 10, RUSSELLVILLE, AL, 35653
FRANKLIN ELECTRIC COOPERATIVE MONEY PURCHASE PENSION PLAN 2020 630253927 2022-07-22 FRANKLIN ELECTRIC COOPERATIVE 27
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1972-07-01
Business code 221100
Sponsor’s telephone number 2563322730
Plan sponsor’s address P.O. BOX 10, RUSSELLVILLE, AL, 356530010

Plan administrator’s name and address

Administrator’s EIN 721386027
Plan administrator’s name PLANTECH, LLP
Plan administrator’s address 2205 CAHABA VALLEY DRIVE, BIRMINGHAM, AL, 35242
Administrator’s telephone number 2059801603

Signature of

Role Plan administrator
Date 2022-07-22
Name of individual signing MARK STOCKTON
FRANKLIN ELECTRIC COOPERATIVE MONEY PURCHASE PENSION PLAN 2019 630253927 2020-12-08 FRANKLIN ELECTRIC COOPERATIVE 27
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1972-07-01
Business code 221100
Sponsor’s telephone number 2563322730
Plan sponsor’s address P.O. BOX 10, RUSSELLVILLE, AL, 356530010

Plan administrator’s name and address

Administrator’s EIN 721386027
Plan administrator’s name PLANTECH, LLP
Plan administrator’s address 2205 CAHABA VALLEY DRIVE, BIRMINGHAM, AL, 35242
Administrator’s telephone number 2059801603

Signature of

Role Plan administrator
Date 2020-12-08
Name of individual signing KATHY BITTLE
FRANKLIN ELECTRIC COOPERATIVE MONEY PURCHASE PENSION PLAN 2018 630253927 2020-01-30 FRANKLIN ELECTRIC COOPERATIVE 25
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1972-07-01
Business code 221100
Sponsor’s telephone number 2563322730
Plan sponsor’s address P.O. BOX 10, RUSSELLVILLE, AL, 356530010

Plan administrator’s name and address

Administrator’s EIN 721386027
Plan administrator’s name PLANTECH, LLP
Plan administrator’s address 2205 CAHABA VALLEY DRIVE, BIRMINGHAM, AL, 35242
Administrator’s telephone number 2059801603

Signature of

Role Plan administrator
Date 2020-01-30
Name of individual signing KATHY BITTLE
FRANKLIN ELECTRIC COOPERATIVE MONEY PURCHASE PENSION PLAN 2017 630253927 2018-09-24 FRANKLIN ELECTRIC COOPERATIVE 27
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1972-07-01
Business code 221100
Sponsor’s telephone number 2563322730
Plan sponsor’s address P.O. BOX 10, RUSSELLVILLE, AL, 356530010

Plan administrator’s name and address

Administrator’s EIN 721386027
Plan administrator’s name PLANTECH, LLP
Plan administrator’s address 2205 CAHABA VALLEY DRIVE, BIRMINGHAM, AL, 35242
Administrator’s telephone number 2059801603

Signature of

Role Plan administrator
Date 2018-09-24
Name of individual signing KATHY BITTLE
FRANKLIN ELECTRIC COOPERATIVE MONEY PURCHASE PENSION PLAN 2016 630253927 2018-01-27 FRANKLIN ELECTRIC COOPERATIVE 28
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1972-07-01
Business code 221100
Sponsor’s telephone number 2563322730
Plan sponsor’s address P.O. BOX 10, RUSSELLVILLE, AL, 356530010

Plan administrator’s name and address

Administrator’s EIN 721386027
Plan administrator’s name PLANTECH, LLP
Plan administrator’s address 2205 CAHABA VALLEY DRIVE, BIRMINGHAM, AL, 35242
Administrator’s telephone number 2059801603

Signature of

Role Plan administrator
Date 2018-01-27
Name of individual signing KATHY BITTLE
FRANKLIN ELECTRIC COOPERATIVE MONEY PURCHASE PENSION PLAN 2015 630253927 2017-01-27 FRANKLIN ELECTRIC COOPERATIVE 27
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1972-07-01
Business code 221100
Sponsor’s telephone number 2563322730
Plan sponsor’s address P.O. BOX 10, RUSSELLVILLE, AL, 356530010

Plan administrator’s name and address

Administrator’s EIN 721386027
Plan administrator’s name PLANTECH, LLP
Plan administrator’s address 2205 CAHABA VALLEY DRIVE, BIRMINGHAM, AL, 35242
Administrator’s telephone number 2059801603

Signature of

Role Plan administrator
Date 2017-01-27
Name of individual signing KATHY BITTLE
FRANKLIN ELECTRIC COOPERATIVE MONEY PURCHASE PENSION PLAN 2014 630253927 2016-01-23 FRANKLIN ELECTRIC COOPERATIVE 27
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1972-07-01
Business code 221100
Sponsor’s telephone number 2563322730
Plan sponsor’s address P.O. BOX 10, RUSSELLVILLE, AL, 356530010

Plan administrator’s name and address

Administrator’s EIN 721386027
Plan administrator’s name PLANTECH, LLP
Plan administrator’s address 2205 CAHABA VALLEY DRIVE, BIRMINGHAM, AL, 35242
Administrator’s telephone number 2059801603

Signature of

Role Plan administrator
Date 2016-01-23
Name of individual signing KATHY BITTLE

Incorporator

Name Role
THORN, C W Incorporator
DUBOIS, W E Incorporator
THORN, R E Incorporator
WOOD, F B Incorporator
GLASS, M G Incorporator
BYARS, J S Incorporator

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
339255820 0418300 2013-07-31 904 4TH ST NW, RED BAY, AL, 35582
Inspection Type Planned
Scope Complete
Safety/Health Safety
Close Conference 2013-07-31
Emphasis L: EISAOF, L: FALL, P: FALL
Case Closed 2013-09-20

Violation Items

Citation ID 01001
Citaton Type Serious
Standard Cited 19260453 B02 V
Issuance Date 2013-09-12
Current Penalty 1785.0
Initial Penalty 2975.0
Final Order 2013-10-08
Nr Instances 1
Nr Exposed 2
Gravity 5
FTA Current Penalty 0.0
Citation text line 29 CFR 1926.453(b)(2)(v): A body belt was not worn and/or a lanyard was not attached to the boom or basket when working from an aerial lift: (a) On or about 07/31/13 - 913 3rd PL NW, Red Bay, AL, an employee was working from a bucket truck while installing connectors without fall protection.

Tax Exempt

EIN Type of Organization Exempt Organization Status Address Ruling Date
63-0253927 Co-operative Unconditional Exemption PO BOX 10, RUSSELLVILLE, AL, 35653-0010 1964-09
In Care of Name % SHELIA MALONE
Group Exemption Number 0000
Subsection Benevolent Life Insurance Assoc., Mutual Ditch or Irrigation Co., Mutual Cooperative Telephone Co., Organization Like Those on Three Preceding Lines
Affiliation Independent - This code is used if the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Classification Organization to Prevent Cruelty to Animals, Real Estate Board, Organization Like Those on Three Preceding Lines
Deductibility Contributions are not deductible.
Foundation All organizations except 501(c)(3)
Tax Period 2024-06
Asset 50,000,000 to greater
Income 10,000,000 to 49,999,999
Filing Requirement 990 (all other) or 990EZ return
PF Filing Requirement No 990-PF return
Accounting Period Jun
Asset Amount 55919399
Income Amount 10500578
Form 990 Revenue Amount 10500578
National Taxonomy of Exempt Entities -
Sort Name -

Copies of Returns (990, 990-EZ, 990-PF, 990-T)

Organization Name FRANKLIN ELECTRIC COOPERATIVE
EIN 63-0253927
Tax Period 202306
Filing Type E
Return Type 990O
File View File
Organization Name FRANKLIN ELECTRIC COOPERATIVE
EIN 63-0253927
Tax Period 202206
Filing Type E
Return Type 990O
File View File
Organization Name FRANKLIN ELECTRIC COOPERATIVE
EIN 63-0253927
Tax Period 202106
Filing Type E
Return Type 990O
File View File
Organization Name FRANKLIN ELECTRIC COOPERATIVE
EIN 63-0253927
Tax Period 201906
Filing Type E
Return Type 990O
File View File
Organization Name FRANKLIN ELECTRIC COOPERATIVE
EIN 63-0253927
Tax Period 201806
Filing Type E
Return Type 990O
File View File
Organization Name FRANKLIN ELECTRIC COOPERATIVE
EIN 63-0253927
Tax Period 201706
Filing Type E
Return Type 990O
File View File
Organization Name FRANKLIN ELECTRIC COOPERATIVE
EIN 63-0253927
Tax Period 201606
Filing Type E
Return Type 990O
File View File

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6817827409 2020-05-15 0459 PPP 531 GANDY ST, RUSSELLVILLE, AL, 35653-1965
Loan Status Date 2021-06-08
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 595476
Loan Approval Amount (current) 595476
Undisbursed Amount 0
Franchise Name -
Lender Location ID 112619
Servicing Lender Name First Metro Bank
Servicing Lender Address 406 W Avalon Ave, MUSCLE SHOALS, AL, 35661-2808
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address RUSSELLVILLE, FRANKLIN, AL, 35653-1965
Project Congressional District AL-04
Number of Employees 24
NAICS code 238210
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Cooperative
Originating Lender ID 112619
Originating Lender Name First Metro Bank
Originating Lender Address MUSCLE SHOALS, AL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 601496.92
Forgiveness Paid Date 2021-05-21

Date of last update: 15 Aug 2024

Sources: Alabama Secretary of State