2024-10-31T12:00:10-05:00 2023-12-31 363163136 LWG CPAS & ADVISORS 1776 N MERIDIAN ST STE 500 INDIANAPOLIS IN 46202 990 2023-01-01 344316639 NORTH CENTRAL ELECTRIC COOPERATIVE INC NORT 4406472133 350 STUMP PIKE ROAD ATTICA OH 44807 EDWARD VANHOOSE PRESIDENT/CEO 4406472133 2024-10-31 1 0 BRIAN D CHERRY P01355823 3176344747 2023 2024-10-15 13:58:12Z EDWARD VANHOOSE 350 STUMP PIKE ROAD ATTICA OH 44807 32150827 0 X NCELEC.ORG X 1936 OH TO PROVIDE ELECTRICITY AND RELATED SERVICES TO MEMBERS. 9 9 51 0 0 0 0 0 30208960 31021760 36264 44650 -15164 1084417 30230060 32150827 0 0 0 886062 0 547306 0 0 0 28163765 28323409 28163765 29756777 2066295 2394050 77695772 86244071 43351969 49913521 34343803 36330550 TO PROVIDE OUR MEMBER-OWNERS WITH HIGHLY RELIABLE ELECTRIC SERVICE, SUPERIOR CUSTOMER SERVICE AND INNOVATIVE ENERGY SOLUTIONS AT COMPETITIVE PRICES. 0 0 29756777 31021759 PROVIDE ELECTRICITY AND RELATED SERVICES TO MEMBERS. 29756777 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 52 0 51 1 0 0 0 0 0 0 0 31021759 1129067 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 1 1 0 OH X X COLLEEN ANTHONY 4406472133 350 STUMP PIKE ROAD ATTICA OH 44807 RODNEY SNAVELY CHAIR 4.76 X X 16800 0 0 MICHAEL SCHERGER VICE CHAIR 2.91 X X 10500 0 0 STEVEN SEITZ TREASURER 3.78 X X 10850 0 0 KEVIN BISHOP SECRETARY 5.79 X X 15750 0 0 ANDREW BROSE DIRECTOR 1.64 X 8500 0 0 RONALD FRISCH DIRECTOR 2.44 X 9800 0 0 DAVID GREEN DIRECTOR 2.26 X 7500 0 0 DENNIS SCHINDLER DIRECTOR 4.77 X 11900 0 0 NICHOLAS WAGNER DIRECTOR 6.45 X 16100 0 0 EDWARD VANHOOSE PRESIDENT/CEO 50.00 X 183825 0 58221 BRAD WARNEMENT CHIEF OPERATING OFFICER 44.75 X 73255 0 53667 ANDREW RUFFING CHIEF ADMINISTRATIVE OFFICER 43.00 X 39741 0 12584 JUSTIS CLIFFORD CHIEF STRATEGY OFFICER 40.00 X 40313 0 13767 BRIAN MILLER LINEMAN 44.33 X 102472 0 22575 547306 0 160814 2 0 1 0 CLOUSE CONSTRUCTION CORPORATION 4382 W TOWNSHIP RD NEW RIEGEL OH 44853 BUILDING CONSTRUCTION 1824648 POWER CONSTRUCTION GROUP LLC 6535 S STATE RD 67 STE 350 PENDLETON IN 46064 SYSTEM CONSTRUCTION 608034 SPENCER'S TREE & LANDSCAPE 4291 KING RD BUCYRUS OH 44820 TREE TRIMMING 466685 KW CUSTOM CONTROLS LLC 4755 AMERITECH DR SOUTH BEND IN 46628 SUSBTATION PROGRAMMING 174708 BUCKEYE BORING & EXCAVATING LLC 5688 STATE HWY 231 SYCAMORE OH 44882 BORING SERVICES 156032 9 RESIDENTIAL SALES 221000 19286369 19286369 COMMERCIAL SALES - LARGE 221000 6500693 6500693 COMMERCIAL SALES- SMALL 221000 4207344 4207344 PUBLIC REVENUES 221000 711736 711736 OTHER ELECTRIC REVENUES 221000 264107 264107 51511 51511 31021760 44650 44650 PATRONAGE CAPITAL CREDITS 900001 1072964 1072964 MISC REVENUE/EXP 221000 -23936 -23936 35389 35389 1084417 32150827 32070788 0 80039 886062 886062 547306 547306 141130 141130 34293 34293 65348 65348 108669 108669 1735414 1735414 3718085 3718085 PURCHASED POWER 17119147 17119147 OPERATIONS EXPENSE 1767605 1767605 MAINTENANCE EXPENSE 1389797 1389797 STATE EXCISE TAX 904872 904872 1339049 1339049 29756777 29756777 0 0 363611 1526131 53195 55354 2874937 4651979 7413 7445 1013203 1234467 360999 223362 96676629 32050211 59412013 64626418 13610401 13918915 77695772 86244071 7332700 10300046 33142334 37192365 2876935 2421110 43351969 49913521 X 80980 80980 0 0 34262823 36249570 34343803 36330550 77695772 86244071 X 2394050 -407303 X X 0 1 X 1 0 210718 210718 7285207 3030659 4254548 89180704 29019552 60161152 64626418 PATRONAGE CAPITAL FROM ASSOCIATED C 11882162 C INVESTMENTS TO CAPITAL CERTIFICATES 635290 C OTHER INVESTMENTS IN ASSOC ORG - BU 1191765 C INVESTMENT IN NCAD 1000 C INVESTMENT IN FESCO 1000 C INVESTMENT IN HEARTLAND LLC 204633 C INVESTMENT IN COBANK 1100 C INVESTMENT IN ECONOMIC DEVELOPMENT 865 C CADP MBSHP 100 C OTHER INVESTMENTS IN ASSOC ORG - CF 1000 C 13918915 ACCUMULATED PROVISION FOR PENSIONS 702971 ACCUMULATED PROVISION FOR DEFERRED 72829 CUSTOMER DEPOSITS 279544 ACCRUED EMPLOYEES LEAVE - VACATION 1289363 DEFERRED CAPITAL CREDIT RETIREMENT 76403 2421110 X 32150827 0 32150827 0 32150827 29756778 0 29756778 0 29756778 PART X, LINE 2: THE COOPERATIVE BELIEVES THEY ARE NOT TAKING ANY UNCERTAIN TAX POSITIONS. 0 0 0 EDWARD VANHOOSE PRESIDENT/CEO 183825 0 0 0 0 0 47328 0 10893 0 242046 0 0 0 EDWARD VANHOOSE SEE BELOW 17119147 SEE BELOW 0 NICK WAGNER SEE BELOW 160623 SEE BELOW 0 SCHEDULE L, PART IV, LINE 1 MR. VANHOOSE IS THE PRESIDENT/CEO OF THE COOPERATIVE AND DIRECTOR FOR BUCKEYE POWER. NORTH CENTRAL ELECTRIC COOPERATIVE HAS AN AGREEMENT TO PURCHASE POWER FROM BUCKEYE POWER. SCHEDULE L, PART IV, LINE 3 MR. WAGNER IS BOTH A DIRECTOR FOR THE COOPERATIVE AND A DIRECTOR FOR THE STATEWIDE ORGANIZATION, OHIO RURAL ELECTRIC COOPERATIVE. THE COOPERATIVE PAYS ANNUAL DUES FOR TRAINING AND OTHER SERVICES PROVIDED BY THE STATEWIDE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE COOPERATIVE EACH HAVE A VOTE AT THE ANNUAL MEETING TO ELECT DIRECTORS AND VOTE ON PROPOSED CHANGES TO THE COOPERATIVE'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP ELECTS BOARD MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE EXAMINATION AND DISCUSSION OF EACH YEAR'S FORM 990 IS PLACED ON THE AGENDA OF THE REGULAR BOARD MEETING. THE 990 IS THOROUGHLY REVIEWED. NECESSARY CHANGES, IF ANY, ARE APPROVED BY MANAGEMENT AND COMMUNICATED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE REQUIRED ANNUALLY TO DISCLOSE ALL INTEREST THAT COULD GIVE RISE TO CONFLICT. EACH DIRECTOR COMPLETES AND SIGNS A QUESTIONNAIRE ADDRESSING CONFLICTS OF INTEREST AND BUSINESS RELATIONSHIPS. FORM 990, PART VI, SECTION B, LINE 15 EMPLOYEE COMPENSATION LEVELS ARE REVIEWED ANNUALLY USING INDUSTRY SURVEY DATA. FORM 990, PART VI, SECTION C, LINE 18 RECORDS ARE MADE AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 BYLAWS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE AT THE ANNUAL MEETING. THIS INFORMATION IS ALSO AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CAPITAL CREDIT RETIREMENTS -858,836. CHANGE IN MEMBERSHIPS 2,520. UNRECOGNIZED POSTRETIREMENT BENEFIT COST 449,013. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUME RESPONSBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. FEDERATED ENERGY SERVICES COOPERATIVE INC PO BOX 475 ATTICA OH 44807 341851918 SERVICE MANAGEMENT OH C 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 FEDERATED ENERGY SERVICES COOPERATIVE INC O 1645845 SEE SUPPLEMENTAL EXPLANATIONS FORM 990, SCHEDULE R, PART V, LINE 10 EDWARD VANHOOSE, PRESIDENT/CEO, AND BRAD WARNEMENT, CHIEF OPERATING OFFICER - WAGES AND BENEFITS ARE ALLOCATED AMONG NORTH CENTRAL ELECTRIC AND LORAIN-MEDINA RURAL ELECTRIC COOPERATIVES. WAGES AND BENEFITS ARE PAID BY FESCO. LORAIN-MEDINA RURAL ELECTRIC COOPERATIVE AND NORTH CENTRAL ELECTRIC PAY FESCO FOR EMPLOYEE WAGES AND BENEFITS. FESCO RECONCILES ANY AMOUNTS OWED BETWEEN THE TWO COOPERATIVES FOR THE WAGES AND BENEFITS.