2024-09-24T11:28:00-07:00 2023-12-31 911321048 Blodgett Mickelsen & Adamson P S 7139 W Deschutes Ave Kennewick WA 99336 990 2023-01-01 930306737 WASCO ELECTRIC COOPERATIVE INC WASC 5412962740 PO BOX 1700 THE DALLES OR 97058 MICHAEL COLLINS President 2024-09-24 true true Derek Moody P01901369 5097350379 2023 2024-08-08 14:25:15Z MICHAEL COLLINS PO BOX 1700 THE DALLES OR 97058 14093524 false X WWW.WASCOELECTRIC.COM X 1940 OR Wasco Electric Cooperative, Inc. will provide its members with competitive prices, reliable energy and related services. 9 9 19 0 0 13507569 13978927 67104 112817 3475 1780 13578148 14093524 0 1405498 1659870 3224489 3025749 0 0 8948161 9407905 13578148 14093524 0 34765607 36564494 14988761 15655859 19776846 20908635 Wasco Electric Cooperative, Inc. will provide its members with competitive prices, reliable energy and related services. false false Wasco Electric Cooperative, Inc will provide their members with competitively priced, reliable energy and related services. false false false false false false false false false true false false false true false false 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 34 0 true 19 true false false false false false 13483223 170893 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false X LINDSAY FOREPAUGH 5412962740 PO BOX 1700 THE DALLES OR 97058 EDWARD RATTERMAN FMR GENERAL MGR 40.00 0.00 X 316088 0 22283 FRANK ROEDER Line Foreman 47.00 0.00 205455 0 82771 PAUL TITUS INTERIM GM 40.00 0.00 X 199734 0 75164 EDWARD GUY ANDERSEN Serviceman 48.00 0.00 205356 0 48993 GABRIEL RED CLOUD Line Foreman 46.00 0.00 187403 0 59237 TRACI BROCK Member Services Ma 40.00 0.00 124604 0 54113 BREWSTER WHITMIRE LINE SUPERVISOR 40.00 0.00 122188 0 46416 MACKENZIE CHUKWUYENUM FIN. MANAGER 40.00 0.00 X 108850 0 48819 MICHAEL COLLINS President 10.40 0.00 X X 7600 0 0 RONALD HOLMES Director 9.20 0.00 X 7350 0 0 STACY EAKIN Secretary 4.30 0.00 X X 3700 0 0 JERRY DULING Vice President 4.00 0.00 X X 3500 0 0 MATHEW CLAUSEN Treasurer 4.10 0.00 X X 2850 0 0 JAMES MCNAMEE Director 2.60 0.00 X 2700 0 0 ROBERT HAMMEL Director 4.40 0.00 X 2450 0 0 SYLVIA MCCORKLE Director 1.60 0.00 X 2000 0 0 LISSA BIEHN Director 1.80 0.00 X 1800 0 0 AL MITCHELL Director 0.00 0.00 X 100 0 0 1503728 437796 8 false true false TREES LLC 1700 SOLUTIONS CENTER CHICAGO IL 60677 RIGHT OF WAY CLEARING 837964 MAGNUM POWER LLC 6024 N 10TH STREET RIDGEFIELD WA 98642 CONSTRUCTION 1289732 GLOBAL NETWORK SUPPORT INC 6639 SOUTH MYRTLE RD MYRTLE CREEK OR 97457 IT SUPPORT 166185 OSMOSE UTILITIES SERVICES INC PO BOX 736729 DALLAS TX 75373 POLE TESTING/TREATMENT 366775 YATES LINE CONSTRUCTION CO PO BOX 399 CANBY OR 97013 CONSTRUCTION 220405 5 0 PATRONAGE CAPITAL CREDITS 221000 56296 56296 POLE RENTAL 221000 26967 26967 SALE OF ELECTRICITY 221000 13483223 13483223 TRANSMISSION 221000 412441 412441 13978927 112817 112817 0 0 0 0 0 0 0 MISC REVENUE 900099 1780 1780 1780 14093524 13951960 141564 0 0 0 1659870 804988 0 1478259 335032 255058 152412 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 596088 0 1339543 0 PURCHASED POWER 3873476 DISTRIBUTION - MAINTENANCE 2185583 ADMIN & GENERAL EXP 1816777 DISTRIBUTION - OPERATION 1132096 -1535658 14093524 0 0 0 300 300 1594394 1282447 0 1263651 1291105 0 0 0 556282 992941 224898 697815 49591499 17984566 30459880 31606933 0 0 0 0 666202 692953 34765607 36564494 1870394 1524001 12634835 13683414 483532 448444 14988761 15655859 X 15370 15430 19761476 20893205 19776846 20908635 34765607 36564494 X 0 1131789 X X false false false 212868 212868 8507600 3798489 4709111 1618165 1460480 157685 3047467 1970861 1076606 36205399 10754736 25450663 31606933 consumer deposits 14933 unclaimed property 433511 448444 X X false false false BREWSTER WHITMIRE LINE SUPERVISOR 122188 15396 31020 168604 EDWARD GUY ANDERSEN Serviceman 205356 17709 31284 254349 EDWARD RATTERMAN FMR GENERAL MGR 316088 4022 18261 338371 FRANK ROEDER Line Foreman 205455 51405 31366 288226 GABRIEL RED CLOUD Line Foreman 187403 27898 31339 246640 MACKENZIE CHUKWUYENUM FIN. MANAGER 108850 17745 31074 157669 PAUL TITUS INTERIM GM 199734 42921 32243 274898 TRACI BROCK Member Services Ma 124604 22749 31364 178717 Form 990, Part VI, Section A, Line 6 Wasco Electric Cooperative, Inc is a member owned cooperative; ownership is by members who receive electricity and related services provided by the cooperative. Form 990, Part VI, Section A, Line 7a The members elect the directors at the annual meeting each year for three year terms. Form 990, Part VI, Section A, Line 7b Bylaws require the directors be approved and ratified by a vote of the members. Form 990, Part VI, Section B, Line 11b Form 990 is prepared by the corporation's independent Certified Public Accountant firm and then submitted to the cooperative and their attorney for review. After the return has been approved, it is presented to the directors at the next monthly meetings. All questions are addressed before the return is filed. Form 990, Part VI, Section B, Line 12c THE CONFLICT OF INTEREST POLICY IS REVIEWED IN JANUARY OF EACH YEAR. THE POLICY INCLUDES THE TYPES OF CONFLICTS WHICH MUST BE DISCLOSED AND THE METHODS USED TO ADDRESS ISSUES. Form 990, Part VI, Section B, Line 15a Compensation data is gathered from national and statewide organizations which compile information from utilities regarding compensation for various positions in the industry. This information is evaluated annually for all officer and management positions. Form 990, Part VI, Section B, Line 15b Compensation data is gathered from national and statewide organizations which compile information from utilities regarding compensation for various positions in the industry. This information is evaluated annually for all officer and management positions. Form 990, Part VI, Section C, Line 19 Governing documents, policies, and financial statements are available upon written request at the Wasco Electric Cooperative, Inc office. Form 990, Part XI, Line 9 BENEFITS PAID TO MEMBERS = $1659870 Form 990, Part XI, Line 9 CAPITAL CREDIT RETIREMENTS = -$633561 Form 990, Part XI, Line 9 CHANGE IN MEMBERSHIP = $960 Form 990, Part XI, Line 9 RETIRED CAPITAL CREDIT GAIN = $104520 Form 990, Part XII, Line 2c COMPANY HAS A FISCAL YEAR END OF SEPTEMBER 30 AND OBTAINS AN AUDIT FOR THE FISCAL YEAR AND NOT THEIR TAX YEAR, WHICH ENDS ON DECEMBER 31. PART IX LINE 4 - BENEFITS PAID TO OR FOR MEMBERS THE IRS INSTRUCTIONS STATE THAT PATRONAGE DIVIDENDS PAID BY 501(C)(12) ORGANIZATIONS SHOULD BE REPORTED IN THE STATEMENT OF FUNCTIONAL EXPENSES ON LINE 4. THE COOPERATIVE HAS ALLOCATED $1,659,870 OF ITS 2023 MARGINS AS PATRONAGE DIVIDENDS TO ITS MEMBERS AND REPORTED THIS AMOUNT ON LINE 4. THE COOPERATIVE'S ACCOUNTING SYSTEM FOLLOWS GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) WHICH DO NOT REPORT PATRONAGE DIVIDENDS AS AN EXPENSE; AS SUCH, THE 2023 MARGINS ALLOCATED, IF ANY, AS PATRONAGE DIVIDENDS ARE ALSO RECORDED AS A RECONCILING ITEM ON SCHEDULE D PART XIII OF THE FORM 990.