2024-10-28T11:40:43-04:00 2023-12-31 311413363 BHM CPA GROUP INC 1 E CAMPUS VIEW BLVD STE 300 COLUMBUS OH 43235 990 2023-01-01 344317160 NORTH WESTERN ELECTRIC COOPERATIVE INC NORT 4196365051 4125 STATE ROUTE 576 BRYAN OH 43506 DARIN THORP PRESIDENT 4196365051 2024-10-28 true true RYAN C HIXENBAUGH CPA P01052454 6143895775 2024-10-28 2023 2024-10-15 13:58:12Z DARIN THORP 4125 STATE ROUTE 576 BRYAN OH 43506 18024148 false X WWW.NWEC.COM X 1936 OH PROVIDE ELECTRICITY TO APPROXIMATELY 6,057 RURAL MEMBER CUSTOMERS. 7 7 22 0 0 17107242 16886195 650960 1064304 145010 31101 17903212 17981600 0 1406825 1645806 977509 1153323 0 0 15518878 15182471 17903212 17981600 0 42606185 45012147 23037251 24653725 19568934 20358422 PROVIDE ELECTRICITY TO APPROXIMATELY 6,057 RURAL MEMBER CUSTOMERS. false false DISTRIBUTION OF ELECTRICAL ENERGY TO APPOXIMATELY 6,057 CONSUMERS AND THE MAINTENANCE OF 1,070 PLUS MILES OF OVERHEAD AND UNDERGROUND DISTRIBUTION LINES. false false false false false false false false false true false true false true true false true 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 24 0 true 22 true false false false false false 16886195 1095405 false false false X 7 7 false false false false true true true true true false false true true true true true true true false false OH X ANDREW OVERMAN 4196365051 4125 ST RT 576 BRYAN OH 43506 DARIN THORP PRESIDENT 45.00 X X 209930 0 79917 ANDREW OVERMAN CHIEF FINANC 40.00 X X 123037 0 68267 BOBBY CARTER DIRCTOR OF O 45.00 X 109820 0 59490 CHAD LIVENSPARGER CREW CHIEF 43.50 X 100182 0 53706 MITCH HEADLEY SECRETARY 4.00 X 12750 0 15 CHRIS OBERLIN CHAIRMAN 3.00 X 11025 0 15 KEITH STARK TRUSTEE 15.00 X 10600 0 15 KIM SHOUP VICE-CHAIRMA 3.00 X X 9563 0 15 RYAN WEHRI VICE CHAIRMA 3.00 X X 9400 0 15 RICHARD POLTER TRUSTEE 2.00 X 7000 0 5 JORDAN RUFFER TRUSTEE 1.00 X 4800 0 15 608107 261475 4 false true false SAYLOR TREE SERVICE & STUMP 5040 STATE ROUTE 18 HICKSVILLE OH 43526 ROW MAINT 338880 KENT POWER INC 7800 CHILDSDALE AVE NE ROCKFORD MI 49431 PLANT CONSTRUCT 202115 NATIONAL INFORMATION SOLUTIONS COOP PO BOX 1147 MANDAN ND 58554 COMPUTER SUPPOR 154854 3 ELECTRIC SALES TO MEMBERS 16875300 16875300 METER READ & RECONNECT FEES 10895 10895 16886195 860487 860487 87558 87558 87558 87558 246365 42548 203817 203817 203817 OTHER NONOPERATING REVENUE 505 505 REIMBURSEMENTS -56962 -56962 -56457 17981600 17033555 948045 1645806 398105 640360 114858 8038 15825 14658 26071 728441 53134 670860 1313103 46726 POWER COST 10644720 TAXES 680287 DISTRIBUTION - OPERATIONS 274253 CONSUMER EXPENSE 271147 435208 17981600 0 0 0 68742 828908 3009901 2804651 1815634 1720655 578547 652952 40275 107416 45277905 15955125 27778344 29322780 9052415 9337968 262327 236817 42606185 45012147 1196249 1582826 20629566 21490889 1211436 1580010 23037251 24653725 X 19568934 20358422 19568934 20358422 42606185 45012147 X 0 -80994 870482 X false true X true false 183493 183493 1137969 1000475 137494 43956443 14954650 29001793 29322780 PATRONAGE-BUCKEYE 6527170 C INVESTMENT IN NW OHIO PROPANE, LLC 643158 C INVESTMENT IN BUCKEYE POWER 547146 C COMMERCIAL PAPER 456476 C NATIONAL RURAL UTILITIES CTCS 409625 C OTHER INVESTMENTS 308930 C PATRONAGE-RESCO 193407 C PATRONAGE-CFC 156161 C PATRONAGE-NRTC 95895 C 9337968 ACCRUED PROPERTY TAXES 680287 ACCRUED PAYROLL & BENEFITS 444772 LINE OF CREDIT 300000 ACCRUED SALES & COUNTY TAX 96146 CUSTOMER DEPOSITS 40710 TAX COLLECTIONS PAYABLE 9584 ACCRUED INTEREST 8511 1580010 X SCHEDULE D, PAGE 3, PART X THE COMPANY COMPLIES WITH ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 RELATED TO UNCERTAIN TAX POSITIONS. ASC 740-10 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS TAKEN BY THE COMPANY ON ITS TAX RETURNS THAT THEY CONSIDER TO BE UNCERTAIN OR THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. TAX RETURNS FOR THE YEARS ENDED 2020, 2021 AND 2022 ARE STILL OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. false false false DARIN THORP PRESIDENT 209930 79917 289847 ANDREW OVERMAN CHIEF FINANCIAL OFR 123037 68267 191304 BOBBY CARTER DIRCTOR OF OPERATION 109820 59490 169310 CHAD LIVENSPARGER CREW CHIEF 100182 53706 153888 FORM 990 PART IX, LINE 4: BENEFITS PAID TO MEMBERS. THE COOPERATIVE IS INTERPRETING THE TERM 'BENEFITS PAID TO MEMBERS' TO MEAN CAPITAL CREDITS ALLOCATED OR TO BE ALLOCATED TO MEMBERS FROM CURRENT YEAR NET MARGINS. FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF TRUSTEES IS NOMINATED AND ELECTED BY THE MEMBERSHIP AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 7B THE BOARD OF TRUSTEES ARE ELECTED FROM THE MEMBERSHIP BY THE MEMBERS. MEMBERSHIP APPROVAL IS REQUIRED FOR THE COOPERATIVE TO SELL, LEASE, MORTGAGE OR DISPOSE OF ALL OR SUBSTANTIALLY ALL ITS PROPERTY, NOT WITHSTANDING THE RIGHT OF THE TRUSTEES TO BORROW MONEY AS DEEMED APPROPRIATE BY THE BOARD OF TRUSTEES. MEMBER APPROVAL IS REQUIRED TO ALTER, AMEND OR REPEAL THE CODE OF REGULATIONS. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING. AT THE NEXT REGULARLY SCHEDULED BOARD MEETING, THE DIRECTOR OF FINANCE REVIEWS THE FORM WITH THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 12C THE COMPANY REVIEWS COMPLIANCE ON AN ANNUAL BASIS AND REQUIRES A WRITTEN AND SIGNED STATEMENT FROM INDIVIDUALS REGARDING COMPLIANCE. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION IS REVIEWED AND ESTABLISHED ANNUALLY BY THE TRUSTEES AND IS COMMENSURATE WITH THE MEDIAN COMPENSATION PAID TO SIMILARLY SITUATED EXECUTIVES OR PEER COMPANIES. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 ALLOCATED CAPITAL CREDITS RETAINED 1,645,806 CAPITAL CREDITS RETIRED -783,598 AMORTIZATION OF ACTUARIAL GAIN -5,919 REALLOCATED PATRONAGE 14,193 NWOP EQUITY ADJUSTMENT 0 TOTAL 870,482