2024-09-10T15:03:24-04:00 2023-12-31 391277627 BAUMAN ASSOCIATES LTD PO BOX 1225 EAU CLAIRE WI 547021225 990 2023-01-01 390121840 ADAMS-COLUMBIA ELECTRIC COOPERATIVE ADAM 6083393346 401 E LAKE STREET FRIENDSHIP WI 53934 JON CONGDON GENERAL MANAGER 6083393346 2024-08-09 true false NATHAN KALEPP CPA P01320467 7158342001 2024-08-20 2023 2024-08-08 14:25:15Z JON CONGDON 401 E LAKE STREET FRIENDSHIP WI 53934 90883205 false X WWW.ACECWI.COM X 1987 WI TO SUPPLY ELECTRICITY TO ITS MEMBERS. 7 7 90 57 42509 0 86300235 83779419 4363828 1186016 1125242 1266560 91789305 86231995 0 11863989 6628672 370909 383887 0 0 79403282 79082782 91638180 86095341 151125 136654 247710585 255167724 136103675 144181717 111606910 110986007 TO SUPPLY ELECTRICITY TO ITS MEMBERS. false false SUPPLYING ELECTRICITY TO ITS MEMBERS. false false false false false false false false false true false true false true false 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 true 240 0 true 90 true true true false false false false 85503579 8136575 false false false X 7 7 false false false false true true true true true false false true true true true true true true true true true X THE ORGANIZATION 6083393346 401 E LAKE STREET FRIENDSHIP WI 53934 JOHN WEST GENERAL MANA 41.00 X 250765 0 70497 JON CONGDON GENERAL MANA 46.00 X 182383 0 78232 ELIZABETH HENDRICKSEN FIN MANAGER 44.00 X 154115 0 47697 MINDY KERSKA MEM SVCS/TRA 41.00 X 148311 0 47741 JOSHUA BERGER OPER & ENGR 47.00 X 134232 0 55025 SHAWN PIETRZAK OPER SUPERVI 49.00 X 137969 0 40184 KENDAL NICHOLS EX DIRECTOR X 20647 0 35099 MARJORIE COLBY EX DIRECTOR X 14283 0 9609 AARON HOERNKE DIRECTOR - C 6.80 X X 14250 0 0 GARY SKOLARZ DIRECTOR - S 4.60 X X 9600 0 0 AARON BONNETT DIRECTOR 2.60 X 8400 0 0 JON EBERT DIRECTOR 3.20 X 7350 0 0 ETHAN OLSON DIRECTOR -VI 4.40 X X 7050 0 0 ADAM JONES DIRECTOR - T 3.10 X X 6975 0 0 RENEE WENDT DIRECTOR (MA 4.50 X 6100 0 0 JAMES KELLY DIRECTOR (JA 3.90 X 2900 0 0 1105330 384084 6 true true false ZIELIE TREE SERVICE INC PO BOX 307 BRUCE WI 54819 LINE CLEARANCE 1566592 MJ ELECTRIC PO BOX 840965 DALLAS TX 75284 ELE CONT SUB 1381710 J & R UNDERGROUND LLC PO BOX 843194 DALLAS TX 75284 INSTALL UNDERGR 874326 ALLEN STEELE CO INC PO BOX 430 LAKE DELTON WI 539400430 INSTALL UNDERGR 783400 VANNGUARD UTILITY PARTNERS INC 4311 OAKWOOD LN WEST DES MOINES IA 50265 LOCATION SERV 663636 10 ELECTRIC REVENUES 221000 82772686 82772686 CAPITAL CREDITS AND POLE RENT 221000 1006733 1006733 83779419 403099 403099 5434127 4651210 782917 782917 782917 42536 42536 42536 ATC ALLOCATION 221000 1188491 1188491 IRP AND ECONOMIC DEVELOPMENT 221000 35560 35560 MIDWISCONSIN DBS, LLC 900099 -27 -27 1224024 86231995 83555603 42509 2633883 6628672 383887 5154921 9819561 COST OF POWER 49274436 MAINTENANCE EXPENSE 4060029 OPERATIONS EXPENSE 3732132 ADMIN & GENERAL 3026696 4015007 86095341 0 0 0 712701 1184735 3627673 3133240 8841658 8104733 1048630 933938 3025846 3763138 473425 457561 304757371 95050411 202717198 209706960 1555679 1510854 25355297 26023600 352478 348965 247710585 255167724 4811656 5017719 124854282 132368980 6437737 6795018 136103675 144181717 X 111606910 110986007 111606910 110986007 247710585 255167724 X 136654 -757557 X false true X true false 304757371 95050411 209706960 209706960 INVESTMENT IN ATC, LLC 14291499 C NATIONAL RURAL UTILITIES COOP 3836985 C OTHER ASSOCIATED ORGANIZATIONS 3145929 C CFC CAPITAL SECURITIES 2500000 C NRUCFC CAPITAL TERM CERTIFICATE 2249187 C 26023600 OTHER CURRENT LIABILITIES 2808324 DEFERRED CREDITS 1993104 CUSTOMER DEPOSITS 1701586 DEFERRED COMPENSATION 323490 ACCRUED TAXES -31486 6795018 86241066 86241066 -9071 -9071 86231995 79475740 79475740 6619601 6619601 86095341 SCHEDULE D, PAGE 4, PART XI, LINE 4B EXPENSES NETTED WITH REVENUE -9,071 SCHEDULE D, PAGE 4, PART XII, LINE 4B EXPENSES NETTED WITH REVENUE -9,071 MARGINS TO BE ALLOCATED 6,628,672 X X X X X false false false JOHN WEST GENERAL MANAGER 250765 47247 23250 321262 JON CONGDON GENERAL MANAGER 182383 49730 28502 260615 ELIZABETH HENDRICKSEN FIN MANAGER 154115 28729 18968 201812 MINDY KERSKA MEM SVCS/TRANS MGR 148311 37099 10642 196052 JOSHUA BERGER OPER & ENGR SUPV 134232 26523 28502 189257 SHAWN PIETRZAK OPER SUPERVISOR 137969 16934 23250 178153 KENDAL NICHOLS EX DIRECTOR 20647 35099 55746 20647 MARJORIE COLBY EX DIRECTOR 14283 9609 23892 14283 FORM 990, PAGE 6, PART VI, LINE 6 EXPLANATION: THE COOPERATIVE ASSOCIATION IS ORGANIZED WITHOUT CAPITAL STOCK AND THERE SHALL BE ONLY ONE CLASS OF MEMBERS WITH RESPECT TO VOTING RIGHTS. FORM 990, PAGE 6, PART VI, LINE 7A EXPLANATION: THE MEMBERS OF THE COOPERATIVE VOTE TO ELECT ONE OR MORE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B EXPLANATION: EACH MEMBER HAS ONE VOTE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B EXPLANATION: MANAGEMENT DOES A DETAILED REVIEW OF THE 990; MANAGEMENT PRESENTS A COPY OF THE 990 TO THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C EMPLOYEES AND DIRECTORS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY UPON HIRE AND ELECTION. DIRECTORS ARE REQUIRED TO FILL OUT CONFLICT OF INTEREST STATEMENTS ON AN ANNUAL BASIS. IT IS THE INDIVIDUAL EMPLOYEE'S RESPONSIBILITY TO INFORM THE ORGANIZATION OF ANY CONFLICTS OF INTEREST THAT ARISE AFTER THE INDIVIDUAL IS HIRED. FORM 990, PAGE 6, PART VI, LINE 15A EXPLANATION: THE BOARD OF DIRECTORS ANNUALLY REVIEWS AND APPROVES THE CEO'S COMPENSATION. COMPARATIVE DATA IS ACQUIRED FROM AN OUTSIDE, INDEPENDENT FIRM TO ASSIST IN THE DELIBERATIONS. THE DECISION IS MADE AND DOCUMENTED IN THE BOARD MINUTES. THE BOARD OF DIRECTORS ALSO APPROVES THE OVERALL SALARY INCREASE TO THE OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 15B SEE ABOVE NOTE. FORM 990, PAGE 6, PART VI, LINE 19 EXPLANATION: AVAILABLE UPON REQUEST. FORM 990, PART XI LINE 9, CHANGES IN NET ASSETS FORM 990, PART XI, LINE 9 DONATED CAPITAL 449,317 MARGINS TO BE ALLOCATED TO MEMBERS 6,628,672 RETIREMENT OF CAPITAL CREDITS -7,835,546 TOTAL -757,557