INDIAN ELECTRIC COOPERATIVE INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: INDIAN ELECTRIC COOPERATIVE INC (EIN 73-0297135)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-10-14
IRS object ID: 202422889349301632
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
Form 990
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-10-14T11:58:40-04:00	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	730297135	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	INDIAN ELECTRIC COOPERATIVE INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	INDI	BusinessNameControlTxt
Phone	9182959500	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 49	AddressLine1Txt
City	CLEVELAND	CityNm
State Abbreviation	OK	StateAbbreviationCd
ZIP	74020	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JIM HADLOCK	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	9183582514	PhoneNum
Signature	2024-09-16	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	2024-09-16	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	TODD SCHROEDER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2506 US-64	AddressLine1Txt
City	CLEVELAND	CityNm
State Abbreviation	OK	StateAbbreviationCd
ZIP	74020	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$66,278,835	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.IECOK.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1939	FormationYr
Legal Domicile State	OK	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	96	TotalEmployeeCnt
Total Gross UBI	$3,600	TotalGrossUBIAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$57,680,355	PYProgramServiceRevenueAmt
CY Program Service Revenue	$65,022,637	CYProgramServiceRevenueAmt
PY Investment Income	$334,914	PYInvestmentIncomeAmt
CY Investment Income	$823,234	CYInvestmentIncomeAmt
PY Other Revenue	$364,507	PYOtherRevenueAmt
CY Other Revenue	$273,485	CYOtherRevenueAmt
PY Total Revenue	$58,379,776	PYTotalRevenueAmt
CY Total Revenue	$66,119,356	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$3,342,163	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$5,905,026	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,552,997	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,714,593	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$53,484,616	PYOtherExpensesAmt
CY Other Expenses	$58,499,737	CYOtherExpensesAmt
PY Total Expenses	$58,379,776	PYTotalExpensesAmt
CY Total Expenses	$66,119,356	CYTotalExpensesAmt
CY Revenues Less Expenses	$0	CYRevenuesLessExpensesAmt
Total Assets BOY	$160,445,037	TotalAssetsBOYAmt
Total Assets EOY	$185,523,215	TotalAssetsEOYAmt
Total Liabilities BOY	$83,230,040	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$102,518,525	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$77,214,997	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$83,004,690	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	TO PROVIDE ELECTRICITY TO OUR MEMBERS - 20,467 ACTIVE SERVICES (24,698 TOTAL SERVICES IN PLACE - 4,231 IDLE SERVICES) AT YEAR-END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS AND WERE ALLOCATED PATRONAGE CAPITAL.	Desc
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	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	Yes (true)	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	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	Yes (true)	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	35	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	false	BackupWthldComplianceInd
Employee	96	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
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	$62,204,376	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$1,397,949	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	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	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	Yes (true)	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
States Where Copy Of Return Is Fld	OK	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	THE COOPERATIVE	PersonNm
Phone	9183582514	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 49	AddressLine1Txt
City	CLEVELAND	CityNm
State Abbreviation	OK	StateAbbreviationCd
ZIP	74020	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 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
TODD SCHROEDER
GENERAL MANA	40.00	Yes (X)	$270,726	$0	$78,818
DON LAWRENCE
VP OF IT & B	40.00		$159,284	$0	$55,661	Yes (X)
KIMBERLY LAY
MGR FINANCE	40.00	Yes (X)	$139,887	$0	$70,319
JAMES GARRISON
VP OF OPERAT	40.00		$139,492	$0	$70,435	Yes (X)
DAVID WILSON
ASSISTANT GM	40.00		$147,660	$0	$55,676	Yes (X)
KENNETH MORGAN
LINE FOREMAN	49.86		$143,618	$0	$58,250	Yes (X)
JOHN POLLARD
VP OF ENGINE	40.00		$144,940	$0	$55,767	Yes (X)
JIM HADLOCK
PRESIDENT	4.10		$41,162	$0	$0		Yes (X)
MIKE SPRADLING
VICE PRESIDE	2.19		$23,835	$0	$0		Yes (X)
GREG FIELDING
TRUSTEE	4.72		$13,852	$0	$0		Yes (X)
RALPH JEROME
ASSISTANT SE	2.50		$12,400	$0	$0		Yes (X)
LEE PECKENPAUGH
TRUSTEE	1.68		$11,800	$0	$0		Yes (X)
BERRY KEELER
SECR/TREAS	0.98		$11,009	$0	$0		Yes (X)
CHRIS HUDGINS
TRUSTEE	0.94		$10,000	$0	$0		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,269,665	TotalReportableCompFromOrgAmt
Total Other Compensation	$444,926	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	18	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
COOPERATIVE BUILDING SOLUTIONS
77 WESTPORT PLAZA DR SUITE 250	SAINT LOUIS	MO	63146	CONSTRUCTION	$7,697,516
TRANS-TEL CENTRAL LLC
2851 N FLOOD AVE	NORMAN	OK	73069	FIBER CONTRACTO	$3,432,470
DAVIS H ELLIOTT CORPORATION
PO BOX 37251	BALTIMORE	MD	212973251	ELEC DISTR SRVC	$3,195,662
247 INC
PO BOX G	COLE CAMP	MO	65325	RIGHT OF WAY	$2,082,041
APPLICATION SPECIALTIES
PO BOX 1283	CLAREMORE	OK	74018	ROW SPRAYING	$149,734

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt
SALES OF ELECTRICITY	221000	$62,204,376	$62,204,376
PATRONAGE DIVIDENDS	221000	$2,818,261	$2,818,261

Field	Value	IRS element (for citing)
Total Program Service Revenue	$65,022,637	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$823,234	TotalRevenueColumnAmt
Exclusion	$823,234	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$237,270	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$237,270	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$237,270	TotalRevenueColumnAmt
Exclusion	$237,270	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$3,600	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$159,479	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$155,879	TotalRevenueColumnAmt
Unrelated Business Revenue	$3,600	UnrelatedBusinessRevenueAmt
Exclusion	-$159,479	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	NON-OPERATING REVENUE	Desc
Total Revenue Column	$192,094	TotalRevenueColumnAmt
Exclusion	$192,094	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$192,094	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$66,119,356	TotalRevenueColumnAmt
Unrelated Business Revenue	$3,600	UnrelatedBusinessRevenueAmt
Exclusion	$66,115,756	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	$5,905,026	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$683,809	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,030,784	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$3,048,986	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$4,683,180	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
COST OF POWER	$36,826,306
DISTRIBUTION	$8,670,881
GENERAL & ADMINISTRATIVE	$2,263,173
CONSUMER EXPENSE	$1,839,527

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,167,684	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$66,119,356	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$3,593,039	BOYAmt
EOY	$3,313,963	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$17,307,842	BOYAmt
EOY	$17,203,357	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,590,874	BOYAmt
EOY	$4,811,189	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$223,256	BOYAmt
EOY	$2,246,679	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$194,401	BOYAmt
EOY	$215,933	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$179,945,566	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$57,261,373	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$101,873,196	BOYAmt
EOY	$122,684,193	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$32,610,529	BOYAmt
EOY	$35,047,901	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$51,900	BOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$160,445,037	BOYAmt
EOY	$185,523,215	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$6,880,831	BOYAmt
EOY	$7,050,949	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$60,893,630	BOYAmt
EOY	$84,036,358	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$15,455,579	BOYAmt
EOY	$11,431,218	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$83,230,040	BOYAmt
EOY	$102,518,525	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$472,525	BOYAmt
EOY	$465,025	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$8,276,407	BOYAmt
EOY	$9,106,413	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$68,466,065	BOYAmt
EOY	$73,433,252	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$77,214,997	BOYAmt
EOY	$83,004,690	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$160,445,037	BOYAmt
EOY	$185,523,215	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	$5,789,693	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 D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$659,745	OtherCostOrOtherBasisAmt
Book Value	$659,745	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$12,822,324	OtherCostOrOtherBasisAmt
Depreciation	$3,047,812	DepreciationAmt
Book Value	$9,774,512	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$166,463,497	OtherCostOrOtherBasisAmt
Depreciation	$54,213,561	DepreciationAmt
Book Value	$112,249,936	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$122,684,193	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
INVESTMENTS IN ASSOCIATED	$35,047,111	C
OTHER	$790	C

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$35,047,901	TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
FAS 106 OBLIGATION	$6,422,876
CONSUMER DEPOSITS	$4,118,038
OTHER	$890,304

Field	Value	IRS element (for citing)
Total Liability	$11,431,218	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$66,119,356	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$66,119,356	RevenueSubtotalAmt
Total Revenue Per Form990	$66,119,356	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$60,214,330	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$60,214,330	ExpensesSubtotalAmt
Other Expenses Not Included	$5,905,026	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$5,905,026	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$66,119,356	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE D, PAGE 3, PART X

THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. 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 5,905,026

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
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 (7 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt
TODD SCHROEDER
GENERAL MANAGER	$257,090	$10,000	$3,636	$52,107	$26,711	$349,544
DON LAWRENCE
VP OF IT & BROADBAND	$154,450	$1,200	$3,634	$44,874	$10,787	$214,945
KIMBERLY LAY
MGR FINANCE & ACCTNG	$132,847	$1,200	$5,840	$43,608	$26,711	$210,206
JAMES GARRISON
VP OF OPERATIONS	$134,138	$1,200	$4,154	$43,724	$26,711	$209,927
DAVID WILSON
ASSISTANT GM	$144,051	$1,200	$2,409	$44,910	$10,766	$203,336
KENNETH MORGAN
LINE FOREMAN	$137,221	$1,200	$5,197	$31,539	$26,711	$201,868
JOHN POLLARD
VP OF ENGINEERING	$142,273	$1,200	$1,467	$29,056	$26,711	$200,707

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE J, PART III	FormAndLineReferenceDesc
Explanation	PART II, COLUMN C: INCLUDED IN THIS AMOUNT IS THE INCREASE OR DECREASE IN ACTUARIAL VALUE OF RS DEFINED BENEFIT PENSION PLAN. THIS INCREASE OR DECREASE DOES NOT REPRESENT CASH PAYMENTS UNDER THE PLAN.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 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	REVIEW AND/OR APPROVAL BY BOARD.
FORM 990, PAGE 6, PART VI, LINE 12C	ORGANIZATION PERIODICALLY REVIEWS ITS CONFLICT OF INTEREST POLICY AT BOARD MEETINGS.
FORM 990, PAGE 6, PART VI, LINE 15A	SALARY INFORMATION OBTAINED FROM NRECA FOR NATIONAL, REGIONAL AND STATE LEVELS. PERIODICALLY USE CONSULTANT TO REVIEW PAY SCALES.
FORM 990, PAGE 6, PART VI, LINE 15B	SALARY INFORMATION OBTAINED FROM NRECA FOR NATIONAL, REGIONAL AND STATE LEVELS. PERIODICALLY USE CONSULTANT TO REVIEW PAY SCALES.
FORM 990, PAGE 6, PART VI, LINE 19	UPON REQUEST
FORM 990, PART VII	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 X	FORM 990, PART IX: FOR THE AUDITED FINANCIAL STATEMENTS, THE AMOUNT OF PATRONAGE DIVIDENDS PAID OR ALLOCATED TO THE MEMBERS IS REPORTED AS AN INCREASE IN EQUITY AND NOT AS AN EXPENSE. THEREFORE, NET INCOME PER THE AUDITED FINANCIAL STATEMENTS IS REPORTED GROSS OF THE AMOUNT OF PATRONAGE DIVIDENDS THAT ARE EITHER ALLOCATED OR TO BE ALLOCATED AT THE TIME THE AUDITED FINANCIAL STATEMENTS ARE PREPARED. HOWEVER, BECAUSE THE ALLOCATION OF PATRONAGE DIVIDENDS IS ONE ASPECT OF HOW THE COOPERATIVE FULFILLS ITS TAX EXEMPT PURPOSE OF OPERATING ON A COOPERATIVE BASIS, THE AMOUNT OF PATRONAGE DIVIDENDS EITHER ALLOCATED OR TO BE ALLOCATED TO THE MEMBERS IS REPORTED ON FORM 990, PART IX, LINE 4 AS "BENEFITS PAID TO MEMBERS." PATRONAGE DIVIDENDS ARE ALLOCATED ON A PATRONAGE BASIS AND DONE SO PURSUANT TO A PRE-EXISTING OBLIGATION AS PROVIDED FOR IN THE "NON-PROFIT OPERATION" ARTICLE OF THE COOPERATIVE'S BYLAWS.
FORM 990, PART XI, LINE 9	INCREASE IN OTHER EQUITIES 830,006 BENEFITS MARGIN ALLOCATION 5,905,026 INCREASE IN AOCI 152,833 DECREASE IN MEMBERSHIPS -7,500 RETIREMENT OF CAPITAL CREDITS -1,090,672 TOTAL 5,789,693

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	DARLIN' DOODADS	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	205 S BROADWAY	AddressLine1Txt
City	CLEVELAND	CityNm
State Abbreviation	OK	StateAbbreviationCd
ZIP	74020	ZIPCd

Field	Value	IRS element (for citing)
Primary Activities	UNIFORMS	PrimaryActivitiesTxt
Legal Domicile State	OK	LegalDomicileStateCd
Direct Controlling NA	N/A	DirectControllingNACd