2024-10-25T08:19:41-05:00 2023-12-31 821349697 Dennis G Koch & Associates LLC PO Box 1007 Quincy IL 62306 990 2023-01-01 440241597 Farmers Electric Cooperative Inc FARM 6606464281 201 W Business Hwy 36 Chillicothe MO 64601 Don Smith General Manager/CEO 6606464281 2024-10-22 1 0 Dennis G Koch P01210686 2172248484 2024-10-22 X 2023 2024-10-15 13:58:12Z Don Smith 201 W Business Hwy 36 Chillicothe MO 64601 33398741 0 X www.fec-co.com X 1938 MO To safely provide its members with reliable electricity 7 7 44 0 0 0 0 0 33787653 32906603 231804 492138 0 0 34019457 33398741 0 0 1218091 1641351 573902 550613 0 0 0 29090143 29746403 30882136 31938367 3137321 1460374 112966033 111349834 68294901 64980463 44671132 46369371 Distribution and sale of electricity to over 13,000 meters of cooperative member/owners. Margins are allocated annualy to the membership. 0 0 31938367 33398741 Distribution and sale of electricity to cooperative member/owners 31938367 0 0 1 0 0 0 0 0 0 1 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 30 0 1 44 1 0 0 0 0 0 32167186 1231555 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X The Organization 6606464281 201 W Business Hwy 36 Chillicothe MO 64601 Troy Hermanson Operations Manager 50.00 X 144944 0 50851 Aaron Wagers Lead Lineman 46.00 X 120513 0 69898 Rodney Cotton General Manager 60.00 X 119500 0 66470 Lacey Capps CFO 50.00 X 115370 0 35648 Garry Widner Substation Serviceman 44.00 X 113745 0 66482 Eric Adams Journeyman Lineman 45.00 X 111178 0 19284 Jason Howe Substation Serviceman 43.00 X 110240 0 41351 Donald Smith CEO 50.00 X 78121 0 29286 Glen Waters President 7.00 X X 17500 0 0 Arzy Bisbee Jr Secretary 7.00 X X 14500 0 0 Warren Hoyt Treasurer 5.00 X X 14500 0 0 Larry Muck Vice-President 7.00 X X 14000 0 0 Toni Cox Secretary 4.00 X X 14000 0 0 W D Richards Director 7.00 X 12500 0 0 Leroy Kern President 6.00 X X 11500 0 0 Stanley Switzer Director 5.00 X 3718 0 0 James Burk Director 4.00 X 2000 0 0 Randy Railsback Director 1.00 X 2000 0 0 1019829 0 379270 15 0 1 0 Asplundh Tree Expert Co PO Box 827464 Philadelphia PA 19182 ROW Maintenance 607886 Kiowa Line Builders Inc PO Box 721 Tipton MO 65081 Line Construction 603508 Sellenriek Energy LLC PO Box 237 Jonesburg MO 63351 Line Construction 112995 Toth & Associates Inc 1550 E Republic Rd Ste A Springfield MO 65804 Engineering 112236 4 Sales of Energy 221000 31611048 31611048 Capital Credits 221000 1087048 1087048 Other Electric Revenue 221000 208507 208507 32906603 492138 492138 33398741 33398741 0 0 1641351 1641351 550613 550613 1958938 1958938 3227366 3227366 Cost of Purchased Power 17759381 17759381 Distribution Maintenanc 3047194 3047194 Distribution Operation 1759562 1759562 General and Administrat 1181728 1181728 812234 812234 31938367 31938367 0 0 8604154 5658341 3961547 3681972 97873 41563 102952587 21615531 79720374 81337056 239416 227422 20342669 20403480 112966033 111349834 2363424 2450095 3836878 3442205 61289946 58171364 804653 916799 68294901 64980463 X 284726 287591 0 0 44386406 46081780 44671132 46369371 112966033 111349834 X 1460374 237865 X 0 1 X 1 0 AMECPAC 2722 East McCarty St Jefferson City MO 65101 1000 195361 195361 3450754 1702112 1748642 99306472 19913419 79393053 81337056 Patronage Capital - NW Electric 16361357 C Patronage Capital - CFC 652536 C CFC Capital Term Certificates 857856 C Patronage Capital - Arkansas Electric 415763 C Patronage Capital - SEDC 115480 C Federated Rural Insurance 154201 C Other Cooperative Patronage 78120 C Non-utilitiy Plant in Service 547087 C Economic Development Loans 811581 C CoBank 409499 C 20403480 Customer Deposits 701799 Post-Employment Benefits 215000 916799 33633741 235000 235000 33398741 0 33398741 30297016 0 30297016 1641351 1641351 31938367 Part XI, Line 2d - Other Adjustments: Decrease in deferred revenues 235,000. Part XII, Line 4b - Other Adjustments: Patronage Capital retired shown as amounts paid to members on 990 1,641,351. X 0 0 0 Troy Hermanson Operations Manager 144944 0 0 0 0 0 32799 0 18052 0 195795 0 0 0 Aaron Wagers Lead Lineman 120513 0 0 0 0 0 51853 0 18045 0 190411 0 0 0 Rodney Cotton General Manager 119500 0 0 0 0 0 45040 0 21430 0 185970 0 0 0 Lacey Capps CFO 115370 0 0 0 0 0 14596 0 21052 0 151018 0 0 0 Garry Widner Substation Serviceman 113745 0 0 0 0 0 55943 0 10539 0 180227 0 0 0 Jason Howe Substation Serviceman 110240 0 0 0 0 0 30812 0 10539 0 151591 0 0 0 Form 990, Part VI, Section A, line 6 The organization operates on a cooperative basis. Each customer is a member/owner of the entity and is entitled to one vote per member at the annual meeting. Form 990, Part VI, Section A, line 7a Member/owners of the Cooperative elect the Board of Directors at the annual meeting. Form 990, Part VI, Section A, line 7b Member/Owners have the ability to vote on amendments to the Cooperative's Bylaws and reserve the right to vote on the sale of the cooperative. Form 990, Part VI, Section B, line 11b Management reviews the 990 with the Board of Directors before filing the document. Form 990, Part VI, Section B, line 12c Directors are requried to report any conflicts of interest to the General Counsel of the cooperative. The General Counsel acts as the compliance officer. Form 990, Part VI, Section B, line 15 Salaries of the general manager is reviewed annually by the Board of Directors. Comparative information from industry sources and evaluation of the Manager's performance are determining factors used by the Board. Form 990, Part VI, Section C, line 18 Federal Form 990 is made available through www.guidestar.org or upon request at the Cooperative's office. Form 990, Part VI, Section C, line 19 Governing documents and financial statements are made available through www.guidestar.org or upon request at the Cooperative's office. Form 990, Part XI, line 9: Increase in memberships issued 2,865. Decrease in deferred revenues 235,000. FEC Development Inc 201 W Business Hwy 36 Chillicothe MO 64601 431458918 Economic Developemnt MO C 1.00000 0 FEC Services Inc 201 W Business Hwy 36 Chillicothe MO 64601 431802350 Holding Company MO C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0