WEBSTER ELECTRIC COOPERATIVE: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- WEBSTER ELECTRIC COOPERATIVE (EIN 44-0516670)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-09-27
- IRS object ID
- 202412719349300821
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-09-27T10:13:09-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 731293012 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRISCOE BURKE & GRIGSBY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4120 E 51ST STREET | AddressLine1Txt |
| City | TULSA | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 741353639 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 440516670 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEBSTER ELECTRIC COOPERATIVE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WEBS | BusinessNameControlTxt |
| Phone | 4178592216 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 87 | AddressLine1Txt |
| City | MARSHFIELD | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 65706 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS E HOUSTON | PersonNm |
| Person Title | GENERAL MANAGER | PersonTitleTxt |
| Phone | 4178592216 | PhoneNum |
| Signature | 2024-09-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL K BURKE CPA | PreparerPersonNm |
| PTIN | P00054433 | PTIN |
| Phone | 9187498337 | PhoneNum |
| Preparation | 2024-09-19 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | THOMAS E HOUSTON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 87 | AddressLine1Txt |
| City | MARSHFIELD | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 65706 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $39,026,632 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.WEBSTEREC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1946 | FormationYr |
| Legal Domicile State | MO | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 40 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,220,828 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $35,879,314 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $37,886,172 | CYProgramServiceRevenueAmt |
| PY Investment Income | $477,993 | PYInvestmentIncomeAmt |
| CY Investment Income | $560,068 | CYInvestmentIncomeAmt |
| PY Other Revenue | $414,320 | PYOtherRevenueAmt |
| CY Other Revenue | $427,182 | CYOtherRevenueAmt |
| PY Total Revenue | $37,992,455 | PYTotalRevenueAmt |
| CY Total Revenue | $38,873,422 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $2,843,008 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $1,546,512 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,916,591 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,880,350 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $33,232,856 | PYOtherExpensesAmt |
| CY Other Expenses | $35,446,560 | CYOtherExpensesAmt |
| PY Total Expenses | $37,992,455 | PYTotalExpensesAmt |
| CY Total Expenses | $38,873,422 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $85,233,257 | TotalAssetsBOYAmt |
| Total Assets EOY | $90,608,966 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $42,279,011 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $47,484,918 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $42,954,246 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $43,124,048 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $38,873,422 | ExpenseAmt |
| Revenue | $37,886,171 | RevenueAmt |
| Desc | TO PROVIDE ELECTRICITY TO OUR MEMBERS - 23,208 ACTIVE SERVICES AT YEAR-END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS AND WERE ALLOCATED PATRONAGE CAPITAL. | Desc |
| Total Program Service Expenses | $38,873,422 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (true) | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (true) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 27 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 40 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $37,485,022 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $1,241,781 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WEBSTER ELECTRIC COOPERATIVE | PersonNm |
| Phone | 4178592216 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 VIVIAN ST | AddressLine1Txt |
| City | MARSHFIELD | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 65706 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| THOMAS E HOUSTON | |||||||
| GENERAL MANA | 50.00 | Yes (X) | $226,484 | $0 | $142,097 | ||
| SHANNON BEELER | |||||||
| LINE SUPERIN | 48.00 | Yes (X) | $130,430 | $0 | $94,613 | ||
| STEVEN ALEXANDER | |||||||
| LINE FOREMAN | 50.00 | $142,282 | $0 | $79,483 | Yes (X) | ||
| ALAN LETTERMAN | |||||||
| METER TRUCK | 48.00 | $122,285 | $0 | $85,648 | Yes (X) | ||
| JEFFREY YOUNG | |||||||
| SERVICE TRUC | 48.00 | $125,079 | $0 | $73,268 | Yes (X) | ||
| SAMUEL GREEN | |||||||
| METER TRUCK | 50.00 | $129,951 | $0 | $67,263 | Yes (X) | ||
| ERIC HOLMES | |||||||
| LEAD LINEMAN | 47.00 | $124,109 | $0 | $65,887 | Yes (X) | ||
| DENISE HOLDMAN | |||||||
| OFFICE MANAG | 45.00 | Yes (X) | $112,275 | $0 | $64,024 | ||
| RICHARD BURLISON | |||||||
| MANAGER OF F | 8.00 | Yes (X) | $31,384 | $0 | $13,889 | ||
| LLOYD GUNTER | |||||||
| BOARD MEMBER | 7.00 | $9,500 | $0 | $0 | Yes (X) | ||
| CLARENCE WAYNE PLUNKETT | |||||||
| PRESIDENT | 6.00 | $9,200 | $0 | $0 | Yes (X) | ||
| MONA JACKSON | |||||||
| BOARD MEMBER | 14.00 | $6,600 | $0 | $0 | Yes (X) | ||
| KENDALL GALLOWAY | |||||||
| VICE-PRESIDE | 5.00 | $5,500 | $0 | $0 | Yes (X) | ||
| ALAN THOMAS | |||||||
| BOARD MEMBER | 10.00 | $5,500 | $0 | $0 | Yes (X) | ||
| SUSAN NEWCOMB | |||||||
| BOARD MEMBER | 6.00 | $4,900 | $0 | $0 | Yes (X) | ||
| GARY BALLARD | |||||||
| BOARD MEMBER | 8.00 | $3,300 | $0 | $0 | Yes (X) | ||
| JON CARTWRIGHT | |||||||
| SECRETARY/TR | 4.00 | $2,700 | $0 | $0 | Yes (X) | ||
| BILLY JOHNSTON | |||||||
| BOARD MEMBER | 4.00 | $2,700 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,194,179 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $686,172 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ASPLUNDH TREE EXPERT LLC | |||||
| 708 BLAIR MILL RD | WILLOW GROVE | PA | 19090 | ROW CONTRACTOR | $1,531,339 |
| CONSOLIDATED ELECTRIC SERVICES | |||||
| PO BOX 631 | LEBANON | MO | 65536 | POLE CHANGE | $1,380,989 |
| ARKANSAS ELECTRIC | |||||
| PO BOX 190257 | LITTLE ROCK | AR | 72219 | ROW CONTRACTOR | $829,968 |
| APEX ROW LLC | |||||
| PO BOX 788 | MARSHALL | AR | 72650 | ROW CONTRACTOR | $110,233 |
| DITCHBIZ MAPPING & LOCATING | |||||
| 2262 STATE HWY PP | FORDLAND | MO | 65652 | LOCATING & MAP | $100,750 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PROGRAM SERVICE REVEUE | 221000 | $37,485,022 | $37,485,022 |
| PATRONAGE DIVIDENDS | 221000 | $401,150 | $401,150 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $37,886,172 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $528,069 | TotalRevenueColumnAmt |
| Exclusion | $528,069 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $425,588 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $425,588 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $425,588 | TotalRevenueColumnAmt |
| Exclusion | $425,588 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $31,999 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $31,999 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $31,999 | TotalRevenueColumnAmt |
| Exclusion | $31,999 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $154,804 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $153,210 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,594 | TotalRevenueColumnAmt |
| Exclusion | $1,594 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $38,873,422 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $37,886,172 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $987,250 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,546,512 | TotalAmt |
| Program Services | $1,546,512 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $865,096 | TotalAmt |
| Program Services | $865,096 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,015,254 | TotalAmt |
| Program Services | $1,015,254 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $997,396 | TotalAmt |
| Program Services | $997,396 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,599,596 | TotalAmt |
| Program Services | $3,599,596 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| COST OF POWER | $22,550,541 | $22,550,541 |
| DISTRIBUTION EXPENSE | $5,751,490 | $5,751,490 |
| CONSUMER EXPENSE | $1,723,819 | $1,723,819 |
| TAXES | $823,718 | $823,718 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,873,422 | TotalAmt |
| Program Services | $38,873,422 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,450,601 | BOYAmt |
| EOY | $1,971,435 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,072,129 | BOYAmt |
| EOY | $5,340,492 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,474,426 | BOYAmt |
| EOY | $3,787,001 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,670,538 | BOYAmt |
| EOY | $624,824 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,139,546 | BOYAmt |
| EOY | $1,855,766 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $569,946 | BOYAmt |
| EOY | $627,060 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $107,817,856 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $42,389,881 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,159,495 | BOYAmt |
| EOY | $65,427,975 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,655,185 | BOYAmt |
| EOY | $10,974,413 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,391 | BOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,233,257 | BOYAmt |
| EOY | $90,608,966 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,825,196 | BOYAmt |
| EOY | $4,581,673 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,453,815 | BOYAmt |
| EOY | $42,903,245 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,279,011 | BOYAmt |
| EOY | $47,484,918 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,954,246 | BOYAmt |
| EOY | $43,124,048 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,954,246 | BOYAmt |
| EOY | $43,124,048 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,233,257 | BOYAmt |
| EOY | $90,608,966 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $169,802 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $15,495 | PoliticalExpendituresAmt |
| Expended527 Activities | $11,089 | Expended527ActivitiesAmt |
| Internal Funds Contributed | $4,406 | InternalFundsContributedAmt |
| Total Exempt Function Expend | $15,495 | TotalExemptFunctionExpendAmt |
| Form1120 POL Filed | Yes (true) | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMECPAC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1645 | AddressLine1Txt |
| City | JEFFERSON CITY | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 65101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 431441879 | EIN |
| Paid Internal Funds | $4,406 | PaidInternalFundsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE C, PART I-A, LINE 1 | FormAndLineReferenceDesc |
| Explanation | CONTRIBUTION TO POLITICAL ACTION COMMITTEE. | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $464,866 | OtherCostOrOtherBasisAmt |
| Book Value | $464,866 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,521,573 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,358,891 | DepreciationAmt |
| Book Value | $4,162,682 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $101,831,417 | OtherCostOrOtherBasisAmt |
| Depreciation | $41,030,990 | DepreciationAmt |
| Book Value | $60,800,427 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $65,427,975 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (11 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PATRONAGE CAPITAL FROM ASSOCIATED | $5,423,373 | C |
| OTHER INVESTMENTS | $4,179,483 | C |
| INVESTMENT IN ARKANSAS ELECTR | $768,962 | C |
| INVESTMENTS IN CAPITAL TERM | $308,687 | C |
| INVESTMENT IN FEDERATED RURAL | $147,281 | C |
| INVESTMENT IN COBANK | $107,263 | C |
| INVESTMENT IN CFC | $21,825 | C |
| OTHER INVESTMENT IN ASSOCIATED | $9,234 | C |
| INVESTMENT IN A-PRIME, LLC | $7,899 | C |
| INVESTMENT IN TOUCHSTONE | $221 | C |
| INVESTMENT IN RESCO | $185 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $10,974,413 | TotalBookValueProgramRltdAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $38,873,422 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $38,873,422 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $38,873,422 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $37,326,910 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $37,326,910 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,546,512 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,546,512 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $38,873,422 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 3, PART X | MANAGEMENT HAS CONSIDERED WHETHER THE COOPERATIVE HAS ANY UNCERTAIN TAX POSITIONS, EMBEDDED OR OTHERWISE, THAT WOULD MATERIALLY IMPACT THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES NO SUCH MATERIAL UNCERTAINTIES EXIST, THEREFORE NO PROVISION IS PROVIDED. |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | PATRONAGE DIVIDENDS - ALLOCATED 1,546,512 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| THOMAS E HOUSTON | |||||
| GENERAL MANAGER | $218,746 | $7,738 | $93,323 | $48,774 | $368,581 |
| SHANNON BEELER | |||||
| LINE SUPERINTENDENT | $126,137 | $4,293 | $53,861 | $40,752 | $225,043 |
| STEVEN ALEXANDER | |||||
| LINE FOREMAN | $141,469 | $813 | $38,816 | $40,667 | $221,765 |
| ALAN LETTERMAN | |||||
| METER TRUCK LEAD | $121,554 | $731 | $39,755 | $45,893 | $207,933 |
| JEFFREY YOUNG | |||||
| SERVICE TRUCK LEAD | $124,818 | $261 | $27,187 | $46,081 | $198,347 |
| SAMUEL GREEN | |||||
| METER TRUCK LEAD | $129,773 | $178 | $20,640 | $46,623 | $197,214 |
| ERIC HOLMES | |||||
| LEAD LINEMAN | $123,842 | $267 | $19,827 | $46,060 | $189,996 |
| DENISE HOLDMAN | |||||
| OFFICE MANAGER | $111,188 | $1,087 | $38,547 | $25,477 | $176,299 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THOMAS HOUSTON | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | DIRECTOR | RelationshipDescriptionTxt |
| Transaction | SHO-ME POWER | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | MEMBERS |
| FORM 990, PAGE 6, PART VI, LINE 7A | YES |
| FORM 990, PAGE 6, PART VI, LINE 7B | YES |
| FORM 990, PAGE 6, PART VI, LINE 11B | REVIEWED BY TOP MANAGEMENT AND TOP FINANCIAL OFFICIAL. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ORGANIZATION PERIODICALLY REVIEWS ITS CONFLICT OF INTERESTS POLICY WITH EMPLOYEES, OFFICERS AND DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE ORGANIZATION UTILIZES COMPENSATION COMMITTEE, CONSULTANT, OTHER FORM 990'S, EMPLOYMENT CONTRACTS, COMPENSATION STUDIES AND APPROVAL BY THE BOARD AS DEEMED NECESSARY. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE ORGANIZATION UTILIZES COMPENSATION COMMITTEE, CONSULTANT, OTHER FORM 990'S, EMPLOYMENT CONTRACTS, COMPENSATION STUDIES AND APPROVAL BY THE BOARD AS DEEMED NECESSARY. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE MAIN OFFICE. |
| FORM 990, PART VIII | FORM 990, PART IX THE COOPERATIVE'S ACCOUNTING RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS REQUIRED BY ITS REGULATORY AGENCY. THE UNIFORM SYSTEM OF ACCOUNTS DOES NOT RECORD EXPENSES IN THE EXPENSE CATEGORIES PROVIDED ON PART IX LINES 1-23. THEREFORE, OTHER EXPENSES LINE 24 INCLUDES EXPENSES THAT ARE DESCRIBED IN LINES 1-23, BUT REPORTED USING THE UNIFORM SYSTEM OF ACCOUNTS. |
| FORM 990, PART XI, LINE 9 | PATRONAGE DIVIDEND ALLOCATED 1,546,512 DECREASE IN OTHER CHANGES IN EQUITY -1,376,710 TOTAL 169,802 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEBSTER ELECTRIC FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 87 | AddressLine1Txt |
| City | MARSHFIELD | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 65706 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 431830399 | EIN |
| Primary Activities | DONATIONS | PrimaryActivitiesTxt |
| Legal Domicile State | MO | LegalDomicileStateCd |
| Exempt Code Section | 501C3 | ExemptCodeSectionTxt |
| Public Charity Status | 10 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEC | BusinessNameLine1Txt |
| Business Name Line2 | WEBSTER ELECTRIC COOPERATIVE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEBSTER ELECTRIC FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionTypeTxt |
| Involved | $111,453 | InvolvedAmt |
| Method Of Amount Determination | ACCRUAL | MethodOfAmountDeterminationTxt |