2024-02-01T16:55:49-06:00 2023-06-30 721396621 CARR RIGGS & INGRAM 922 STATE STREET SUITE 100 BOWLING GREEN KY 42101 990 2022-07-01 610375145 WARREN RURAL ELECTRIC COOPERATIVE CORPORATION WARR 2708426541 951 FAIRVIEW AVENUE BOWLING GREEN KY 42101 DEWAYNE MCDONALD PRESIDENT/CEO 2708426541 2024-01-18 1 DEWAYNE MCDONALD 999009999 1 JENNIFER L O'CONNOR P01299778 2707820700 2024-01-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DEWAYNE MCDONALD 951 FAIRVIEW AVENUE BOWLING GREEN KY 42101 244269852 0 X HTTPS://WWW.WRECC.COM X 1938 KY AS A MEMBER-OWNED COOPERATIVE, WARREN RECC WILL STRIVE TO MEET THE NEEDS OF ITS MEMBERS, CUSTOMERS, AND COMMUNITIES FOR UP-TO-DATE, RELIABLE, AND COMPETITIVELY-PRICED ELECTRICITY AND OTHER UTILITY SERVICES. 7 7 182 0 0 0 0 0 226350099 243773572 149383 150933 11739 341307 226511221 244265812 0 0 0 0 11748295 14646023 0 0 0 199288221 219472280 211036516 234118303 15474705 10147509 321679939 347495705 164954533 180040830 156725406 167454875 AS A MEMBER-OWNED COOPERATIVE, WARREN RECC WILL STRIVE TO MEET THE NEEDS OF ITS MEMBERS, CUSTOMERS, AND COMMUNITIES FOR UP-TO-DATE, RELIABLE, AND COMPETITIVELY-PRICED ELECTRICITY AND OTHER UTILITY SERVICES. 0 0 234118303 242358495 PROVIDING MEMBERS, CUSTOMERS, AND COMMUNITIES COMPETITIVELY-PRICED ELECTRICITY AND OTHER UTILITY SERVICES. 234118303 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 60 0 1 182 1 0 0 0 0 0 0 0 239506576 3003412 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2708426541 951 FAIRVIEW AVENUE BOWLING GREEN KY 42101 TIM PURCELL BOARD MEMBER 5.00 X 25388 0 0 THOMAS DOTSON BOARD MEMBER 5.00 X 28045 0 0 DENNIS INGRAM BOARD MEMBER 5.00 X 29088 0 0 CHRIS GRAVIL BOARD MEMBER 5.00 X 27445 0 0 TIM WESTBROOK BOARD MEMBER 5.00 X 25495 0 0 RANDY MANN BOARD MEMBER 5.00 X 24445 0 0 PAM DECKER BOARD MEMBER 5.00 X 4929 0 0 DEWAYNE MCDONALD PRESIDENT & CEO 40.00 X 259357 0 81776 AMANDA HUNLEY VP OF ADMINISTRATIVE SERVICES 40.00 X 134338 0 60788 CHARLES MASSEY VP OF ENGINEERING & OPERATIONS 40.00 X 176617 0 38781 PATTY KANTOSKY VP OF MEMBER & CUSTOMER SERVICE 40.00 X 145439 0 65416 MARK CARDWELL OPERATIONS SUPERVISOR 40.00 X 129161 0 48599 ANDREW LINDSEY SR. MANAGER OF ENGINEERING 40.00 X 142215 0 59792 GREGG WEATHERS SR. MANAGER OF OPERATIONS 40.00 X 134808 0 57605 MICHAEL ALFORD MANAGER OF IT 40.00 X 129660 0 36968 C ERIC MCKINNEY OPERATIONS SUPERVISOR 40.00 X 133157 0 26806 1549587 0 476531 50 0 1 0 ERVIN CABLE CONSTRUCTION LLC 450 PRYOR BLVD STURGIS KY 42459 FIBER INSTALLATION 8413003 PIKE ELECTRIC INC 3190 PAYNEVILLE RD BRANDENBURG KY 40108 ELECTRICAL SERVICES 4769800 DAVIS H ELLIOT CO INC 673 BLUE SKY PKWY LEXINGTON KY 40509 ELECTRICAL SERVICES 4000284 LOFTIS UNDERGROUND LLC 1355 GREEN MEADOW RD COOKVILLE TN 38506 CABLE INSTALLATION 2897650 J JOHNSON FIBER SOLUTIONS LLC 1494 IVAN DOWNS BLVD BOWLING GREEN KY 42104 FIBER INSTALLATION 2197843 13 ELECTRIC SALES 221000 238119903 238119903 OTHER ELECTRIC INCOME 221000 3897285 3897285 POLE RENTALS 221000 1756384 1756384 243773572 150933 150933 5185 4040 1145 1145 MISCELLANEOUS 221000 340162 340162 340162 244265812 242358495 0 1907317 1122716 1122716 8205833 8205833 1699001 1699001 2866986 2866986 751487 751487 53185 53185 63255 63255 31420 31420 27285 27285 52272 52272 105607 105607 1109369 1109369 1186077 1186077 3064587 3064587 1770410 1770410 350469 350469 4596524 4596524 14076597 14076597 171043 171043 PURCHASED POWER 181714139 181714139 UTILITY TAXES 6534860 6534860 MAINTENANCE 3815654 3815654 OPERATIONS 732795 732795 16732 16732 234118303 234118303 0 0 1199385 1959126 14122456 18685815 27018852 23847231 14480017 19075851 577379 567397 451004567 179799978 252573894 271204589 10134277 10738563 318731 218080 1254948 1199053 321679939 347495705 38133342 37182119 108465083 131034307 6000000 0 12356108 11824404 164954533 180040830 X 0 0 0 0 156725406 167454875 156725406 167454875 321679939 347495705 X 10147509 581960 X 0 1 X 1 0 4484259 4484259 446520308 179799978 266720330 271204589 CONSUMER DEPOSITS 5093124 ADVANCES TO CONSERVATION PROGRAM 690157 DEFERRED CREDITS 1483534 ACCRUED POST-RETIREMENT BENEFITS 4154950 SELF-INSURED FUND 402639 11824404 244810777 586820 586820 244223957 41855 41855 244265812 234076448 0 234076448 41855 41855 234118303 PART XI, LINE 2D - OTHER ADJUSTMENTS: SUBSIDIARY INCOME 586,820. PART XI, LINE 4B - OTHER ADJUSTMENTS: OPERATIONAL EXPENSES INCLUDED IN NET REVENUES 41,855. PART XII, LINE 4B - OTHER ADJUSTMENTS: OPERATIONAL EXPENSES INCLUDED IN NET REVENUES 41,855. X X X X 0 0 0 DEWAYNE MCDONALD PRESIDENT & CEO 245911 0 11693 0 1753 0 70567 0 11209 0 341133 0 0 0 CHARLES MASSEY VP OF ENGINEERING & OPERATIONS 165152 0 8154 0 3311 0 28323 0 10458 0 215398 0 0 0 PATTY KANTOSKY VP OF MEMBER & CUSTOMER SERVICE 137251 0 7175 0 1013 0 42345 0 23071 0 210855 0 0 0 ANDREW LINDSEY SR. MANAGER OF ENGINEERING 134948 0 6890 0 377 0 40408 0 19384 0 202007 0 0 0 AMANDA HUNLEY VP OF ADMINISTRATIVE SERVICES 127528 0 6462 0 348 0 37717 0 23071 0 195126 0 0 0 GREGG WEATHERS SR. MANAGER OF OPERATIONS 125932 0 6373 0 2503 0 37201 0 20404 0 192413 0 0 0 MARK CARDWELL OPERATIONS SUPERVISOR 122047 0 6482 0 632 0 28195 0 20404 0 177760 0 0 0 MICHAEL ALFORD MANAGER OF IT 121468 0 5879 0 2313 0 34620 0 2348 0 166628 0 0 0 C ERIC MCKINNEY OPERATIONS SUPERVISOR 126171 0 6596 0 390 0 16137 0 10669 0 159963 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS UTILIZES A COMPENSATION COMMITTEE TO MAKE A RECOMMENDATION TO THE FULL BOARD REGARDING THE CEO'S COMPENSATION. RELEVANT INFORMATION SUCH AS CURRENT COMPENSATION AND BENEFITS, SURVEY DATA, ETC. IS PROVIDED TO THE BOARD. THE ORGANIZATION HAS A WRITTEN EMPLOYMENT CONTRACT THAT INCLUDES EXPLANATIONS OF THE CEO'S DUTIES, COMPENSATION, BENEFITS, AND OTHER RELEVANT DETAILS. THE ORGANIZATION USES COMPENSATION SURVEY DATA FROM TWO SOURCES: (1) NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION, AND (2) TENNESSEE VALLEY PUBLIC POWER ASSOCIATION. THE BOARD OF DIRECTORS CONDUCTS AN ANNUAL PERFORMANCE APPRAISAL AND FROM THAT DETERMINES ANY ADJUSTMENTS TO THE CEO'S COMPENSATION. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE COOPERATIVE HOLDS AN ANNUAL MEETING EACH JUNE AND MEMBERS ARE ALLOWED TO VOTE ON DIRECTORS WHOSE TERMS HAVE EXPIRED. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS MUST APPROVE DECISION THAT INVOLVE SUBSTANTIAL TRANSFERS OF COOPERATIVE ASSETS, AMENDMENTS TO THE BYLAWS, AS WELL AS OTHER DECISIONS REQUIRING APPROVAL OF THE MEMBERS BY LAW, THE ARTICLES OF INCORPORATION, AND/OR THE COOPERATIVE'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND THE MANAGEMENT TEAM ARE REQUIRED TO COMPLETE QUESTIONNAIRES ANNUALLY TO ATTEST POLICY COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE REVIEWS EXECUTIVE SALARY ANNUALLY BY COMPARING TO INDUSTRY SURVEY DATA; COMPENSATION COMMITTEE REOMMENDS APPROPRIATE COMPENSATION TO THE FULL BOARD FOR APPROVAL. THE ORGANIZATION ALSO UTILIZES INDEPENDENT CONSULTANTS TO UPDATE THE COMPENSATION PLAN FOR ALL EMPLOYEES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: SUBSIDIARY INCOME 586,820. ADDITIONAL INVESTMENT FROM MEMBERS -4,860. MILLENNIUM ENERGY INC 951 FAIRVIEW AVE BOWLING GREEN KY 42101 611343061 SALE & DISTRIBUTION OF NATURAL GAS KY WARREN RURAL ELECTRIC CO-OP CORP C 317829 1540341 1.00000 1 PROPANE ENERGY SERVICES INC 951 FAIRVIEW AVE BOWLING GREEN KY 42101 208737082 SALES - PROPANE KY WARREN RURAL ELECTRIC CO-OP CORP C 2168917 3674828 1.00000 1 ELECTRIC POWER SERVICES INC 951 FAIRVIEW AVE BOWLING GREEN KY 42101 611386180 HOLDING COMPANY KY WARREN RURAL ELECTRIC CO-OP CORP C 1.00000 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 PROPANE ENERGY SERVICES INC Q 58610 ACTUAL CASH REIMBURSEMENTS MILLENNIUM ENERGY INC Q 76441 ACTUAL CASH REIMBURSEMENTS PROPANE ENERGY SERVICES INC R 80989 ACTUAL CASH TRANSFERS MILLENNIUM ENERGY INC R 1044736 ACTUAL CASH TRANSFERS PROPANE ENERGY SERVICES INC F 8069 ACTUAL CASH DIVIDENDS MILLENNIUM ENERGY INC F 35394 ACTUAL CASH DIVIDENDS