2024-10-01T13:14:17-04:00 2023-12-31 743040374 Kelso Lynch PC PA 6700 Squibb Rd Ste 215 Mission KS 662023252 990 2023-01-01 480198945 Doniphan Electric Cooperative Assoc DONI 530 W Jones Troy KS 66087 Michael Volker General Manager 7859853523 2024-10-01 true true George Lynch P00187596 9138311150 2024-10-01 2023 2024-10-15 13:58:12Z Michael Volker 3227199 false X www.donrec.org X 1937 KS To provide reliable energy and related services to our members at the lowest cost. 5 5 9 0 0 0 3523344 3205404 15002 17071 810 4724 3539156 3227199 0 523767 441564 169958 240417 0 0 2845431 2545218 3539156 3227199 0 8111810 8162660 1426906 1358020 6684904 6804640 To provide reliable energy and related services to our members at the lowest cost. false false Distribution and Sale of Electricity false false false false false false false false true false true false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 12 0 true 9 true false false false false false 3257675 27026 false false false X 5 5 false true false false true true true true true false false true true true true true true true true false X Susan Williams 7859853523 530 W Jones Troy KS 66087 Trevor Schmille Line Supt 40.00 0.00 X 100591 0 35650 Susan Williams Accountant 40.00 0.00 X 56160 0 32549 Richard Lemke President 4.00 0.00 X 5756 0 0 Timothy Hegarty Trustee 3.00 0.00 X 2762 0 0 Grant Foley Vice-President 3.00 0.00 X 2566 0 0 Norman Sigrist Secretary 3.00 0.00 X 2327 0 0 Christopher Gaither Trustee 3.00 0.00 X 2056 0 0 Michael Volker General Manager 0.00 0.00 X 0 0 0 172218 0 68199 1 false false false NRECA P O Box 207470 Dallas TX 75320 Employee Insurance 139062 Border States P O Box 802816 Kansas City MO 64180 Materials 146876 Brown Atchison Electric Cooperative P O Box 230 Horton KS 66439 GM Salary 143857 3 Sale of Electricity 221000 3166795 3166795 Other Operating 221000 33378 33378 Capital Credits 221000 5231 5231 3205404 17071 17071 Non-Operating 900099 4724 4724 4724 3227199 3210128 0 17071 X 441564 104176 136241 53574 269834 Cost of Power 1406848 1406848 Admin & General 460990 460990 Distribution Expense 292112 292112 Member Services 61860 61860 3227199 0 0 0 521753 144086 55000 95871 530050 409395 197708 268539 71684 95314 9382488 2714619 6276559 6667869 481586 481586 -22530 8111810 8162660 240951 212429 1099552 1064409 86403 81182 1426906 1358020 X 23650 24665 6661254 6779975 6684904 6804640 8111810 8162660 X 0 119736 X X false false 33070 33070 501168 392949 108219 8848250 2321670 6526580 6667869 Investments in Associated Orgs 81586 C Other Investments 400000 C 481586 Customer Deposits 19545 Deferred Credits - ECA-PCA 61637 81182 X Footnote for uncertain tax position under FIN 48 (Part X) The Cooperative has a letter of exemption from federal income tax, issuedby the Internal Revenue Service and files IRS Form 990 annually. Anevaluation of whether or not it has uncertain tax positions is determinedon an annual basis by the Association. While the Cooperative believes ithas adequately provided for all tax positions, amounts asserted by taxingauthorities could be different than the positions taken by the Cooperative.The Cooperative recognized any interest and penalties assessed by taxingauthorities in income tax expense and, with few exceptions, is no longersubject to federal, state, or local income tax examinations by taxauthorities for years prior to 2020. Management duties delegation Part VI line 3 In 2021, The Cooperative entered into an agreement with Brown-Atchison Electric Cooperative to pay for management services provided by Michael Volker. The agreement was renewed in 2023. Members or stockholder classes and rights Part VI line 6 Doniphan Electric is a Cooperative and has Members. Member election for additional members Part VI line 7a Any change to the Orgnaization or Board Position is put to the vote of the Members. Governing body decisions Part VI line 7b Governance decisions, such as amending bylaws, are reserved to members only. Form 990 governing body review Part VI line 11 Form 990 is examined by the Manager and Board of Trustees prior to submittal. Conflict of interest policy compliance Part VI line 12c The Manager and Board of Trustees are always aware of any changes that occur and and monthly Board Meetings are held, as well as any additional meetings, if necessary. CEO executive director top management comp Part VI line 15a Every year the Board of Trustees meet with the Manager who in turn takes wage figures to the Board for use in the Pay Scale. The Manager and Board determine the Per Diem and Milage rate at the beginning of each year or as set by the IRS. Other officer or key employee compensation Part VI line 15b The process for determining compensation of the organizations officers or key employees is undertaken as part of the general review of other Cooperative data. Governing documents etc available to public Part VI line 19 All documents such as Policies and Financial reports of Doniphan Electric are available upon request for inspection at the Office located in Troy, Kansas. Explanation of other changes in net assets or fund balances Part XI line 9 Changes in Memberships $ 1,015Current Year Margins Assigned to Members $ 441,564Other Changes $ 67,304Retirement of Capital Credits $ -390,147 Total $ 119,736 Part IX response or note to any line in Part IX Form 990, Part IX, Line 4The instructions to the 2023 Form 990 indicate that organizations exempt under Section 501(c)(12) should report patronage dividends paid to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words patronage dividends paid in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year ended December 31, 2023. Part XII Response or note to any line in Part XII Form 990, Part XII, Line 2Doniphan Electric Cooperative Associations financial statement year end differs from its tax year end. The Cooperative receives audited financial statements on an annual basis for the year ended May 31st.