2024-07-08T15:25:26-05:00 2023-12-31 990 2023-01-01 440380405 Ozark Electric Cooperative Inc % Tori Morris OZAR 4174662144 PO Box 420 Mount Vernon MO 65712 TORI MORRIS CFO 4174662144 2024-07-08 TORI MORRIS XXX-XX-XXXX false 1 AAL2 IAL1 2023 2023-04-26 12:10:37Z PATRICK OEHLSCHLAGER PO Box 420 Mount Vernon MO 65712 76117755 false X www.ozarkelectric.com X 1937 MO The most significant activity of the organization is the distribution of electricity to members at an affordable rate 9 9 104 0 0 64631474 69868565 96325 245917 2827200 5943482 67554999 76057964 0 3572159 10631269 880124 827011 0 0 63102716 64599684 67554999 76057964 0 204992410 216370576 109754524 112987084 95237886 103383492 To provide distribution of reliable electricity to members at the lowest possible cost. false false 76057963 Ozark Electric purchased electric energy (574,966,531 kWh) and distributed it to 35,099 accounts across 4,914 miles of line, which includes nine counties in Southwest Missouri. The cooperative operates and maintains meters, a mapping system, overhead and underground electric lines, transformers, and security lights (among other equipment) across the entire system. 76057963 false false true false false false false false false false true false true false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false true 35 0 true 104 true false false false false false false 68047588 7986392 false false false false X 9 9 false false true false true true true true true false false true true true true true true true true false X X TORI MORRIS 4174662144 PO Box 420 Mount Vernon MO 65712 X PATRICK OEHLSCHLAGER General Manager 45.00 X 265419 0 209515 KENNETH RAMING Manager Engineering 45.00 X 177886 0 72096 WENDALL BOLIN Director 15.00 X 18300 0 0 OD COPE Director 10.00 X 14600 0 0 RON CRIGHTON Director 10.00 X 8000 0 0 LARRY MOENNIG Director ending 72023 5.000 X 3000 0 0 BYRON STINE Director 15.00 X 15800 0 0 STEVE STONE Director 20.00 X 15800 0 0 DAVID TROGDON Director 10.00 X 14600 0 0 MICHAEL SMOTHERMAN Director 12.00 X 14600 0 0 STEVE SWEARINGEN Manager Operations 50.00 X 150689 0 66290 TORI MORRIS CFO 45.00 X 117812 0 8028 TOBEY BENNETT Line Superintendent 48.00 X 130602 0 392821 JEFFREY SMITH Lead Lineman 43.00 X 128830 0 56329 DAREN BOWLES Director 10.00 X 20000 0 0 RYAN POST Director begin 72023 15.00 X 7400 0 0 VINCENT ROBISON Construction Foreman 50.00 X 130706 0 36220 1234044 841299 42 false true false Vaught Tree Service 22065 State Hwy TT Crane MO 65633 Right of WayTree Cutting 3044209 Kiowa Line Builders 801 Highway 5 South Tipton MO 65081 Electric line construction 877832 Branco Enterprises Inc 12033 E Highway 86 Neosho MO 64850 Contract construction 505234 Progressive Solutions PO Box 825124 Philadelphia PA 19182 Right of Way Spray 253975 Southwest Tree Services PO Box 836 Nixa MO 65714 228941 7 Electricity Billings 221000 69195339 69195339 PenaltyService Revenue 221000 641489 641489 Other Electric Revenue 221000 31737 31737 69868565 233185 233185 390018 390018 390018 390018 54619 41887 12732 12732 12732 0 19441 17904 1537 1537 Pat Cap Power Supplier 900099 2600761 2600761 Pat Cap Other 900099 612179 612179 Investment Tax Credits 900099 2338987 2338987 5551927 76057964 75667946 390018 10631269 827011 4159730 5811175 Cost of Purchased Power 36153343 Distrib. Exp (Oper/Maint) 13357612 Consumer Accts & Sales 2473479 Admin/General 2342601 301744 76057964 0 0 0 1939562 2125447 3021900 7443658 2226023 3445319 2915088 3162330 333642 402317 211604746 56510782 151459466 155093964 36400329 38927027 6696400 5770514 204992410 216370576 10058328 9348878 98231577 102220177 1464619 1418029 109754524 112987084 X 95237886 103383492 95237886 103383492 204992410 216370576 X 0 8145606 X false true X true false 1000 1000 1000 true AMEC PAC PO BOX 1645 Jefferson City MO 65102 431441879 1000 false false false false false false false 331289 331289 6895819 2268828 4626991 8740951 5861692 2879259 195636687 48380262 147256425 155093964 Pat Cap from Power Suppli 34662850 C Pat Cap from Financing 1901184 C Pat Cap from Materials Su 1199610 C Pat Cap from Software Sup 198052 C Cap Term Certificates fro 965331 C 38927027 Int Rec Financing Inv 11335 Int Rec Inv with KAMO 20752 Accrued Unbilled Elec Rev 1918142 Other Deferred Assets 138195 Defer AssetsPension Pre 1469305 Unamort Loss Reacq Debt 2212785 5770514 Def CreditEnergy Prepay 758885 Def CreditPole Rental 266232 Consumer Deposits 516692 Postretirement Benefit Ob -123780 1418029 X 76057963 76057963 76057963 65426694 65426694 10631269 10631269 76057963 P10, Ln 2 "An evaluation of whether or not it has any uncertain tax positions is P10, Ln 2 determined on an annual basis by the Cooperative. While the Cooperative P10, Ln 2 believes it has adequately provided for all tax positions, amounts asserted P10, Ln 2 by taxing authorities in income tax expense and, with few exceptions, is no P10, Ln 2 longer subject to federal, state, or local income tax examinations by P10, Ln 2 authorities for years before 2020." P12, Ln 4b This amount is reported on the Form 990, Part IX, Line 4 per instructions. P12, Ln 4b It is not an expense on the audited financial statements. It represents P12, Ln 4b margins for 2023 and shows an increase in equity on the audited financials. false false false false false false false false false PATRICK OEHLSCHLAGER General Manager 265419 209515 64373 539307 KENNETH RAMING Manager Engineering 177886 72096 46170 296152 WENDALL BOLIN Director 18300 18300 OD COPE Director 14600 14600 RON CRIGHTON Director 8000 8000 LARRY MOENNIG Director ending 72023 3000 3000 BYRON STINE Director 15800 15800 STEVE STONE Director 15800 15800 DAVID TROGDON Director 14600 14600 MICHAEL SMOTHERMAN Director 14600 14600 STEVE SWEARINGEN Manager Operations 150689 66290 39475 256454 TORI MORRIS CFO 117812 8028 29764 155604 TOBEY BENNETT Line Superintendent 130602 392821 34780 558203 JEFFREY SMITH Lead Lineman 128830 56329 34557 219716 DAREN BOWLES Director 20000 20000 RYAN POST Director begin 72023 7400 7400 VINCENT ROBISON Construction Foreman 130706 36220 35438 202364 Part VI Line 4 Article IV - Board Members, Section 3 was approved by the membership to Part VI Line 4 require BOD campaigns to disclose all details of any campaign funds rec'd. Part VI Line 6 Each consumer receiving electric service is a member. Part VI Line 7a The membership elects the 9 member Board of Directors; 3 are elected at Part VI Line 7a each annual meeting. Part VI Line 7b The Board of Directors governs within the bylaws; changes to these bylaws Part VI Line 7b must be approved by the membership. Part VI Line 11b A presentation of the completed 990 is given to the Board of Directors Part VI Line 11b prior to submission to the IRS. Part VI Line 12c Directors and Officers fill out a questionnaire concerning grants, business Part VI Line 12c relationships, independence, other relationships, compensation, and hours. Part VI Line 15a or b The BOD determines the salary of the GM. The BOD also reviews wage and Part VI Line 15a or b salary changes for all other employees as proposed by the GM each year. Part VI Line 19 The financial statements are published in an annual report for members that Part VI Line 19 is distributed. The bylaws are presented to each new member as they apply. Part XI Line 9 2023 margins added to pat cap; reallocation of uncl. pat cat; retirement Part XI Line 9 of PY pat cap to membership; pmt of reallocated pat cap & donated capital Part VII, Line 1b, Column F Column F includes a "reasonable estimate" of the annual increase or Part VII, Line 1b, Column F decrease in actuarial value of a benefit plan. As a qualified benefit plan, Part VII, Line 1b, Column F the RS Plan Ozark uses falls under this umbrella of required reporting. Part VII, Line 1b, Column F The annual change in actuarial value comes from NRECA. NRECA uses a single Part VII, Line 1b, Column F projected retirement date and a single set of actuarial assumptions Part VII, Line 1b, Column F for each person for all calculations.