2024-11-13T15:52:15-05:00 2023-12-31 631059654 GRUENLOH HARDY & ASSOCIATES PC PO BOX 895 ROBERTSDALE AL 36567 990 2023-01-01 630161119 PEA RIVER ELECTRIC COOPERATIVE PEAR 3347742545 P O BOX 969 OZARK AL 36361 JEFFREY M HODGES CEO 3347742545 2024-11-01 true COLLENA MATZ CPA P01417735 2519471040 2024-10-28 X 2023 2024-10-15 13:58:12Z JEFFREY M HODGES 51841849 false X WWW.PEARIVER.COM X TO PROVIDE THE BEST VALUE IN QUALITY ELECTRIC AND RELATED SERVICES IN SOUTHEAST ALABAMA. 9 9 81 0 0 47326490 50979438 349064 525670 852353 336741 48527907 51841849 0 2144186 1218430 1138222 1202893 0 0 44744625 47823900 48027033 50245223 500874 1596626 131213257 148492008 64748396 79311974 66464861 69180034 X TO PROVIDE THE BEST VALUE IN QUALITY ELECTRIC AND RELATED SERVICES IN SOUTHEAST ALABAMA. false false UTILIZING APPROXIMATELY 3,204 MILES OF DISTRIBUTION LINES, PEA RIVER ELECTRIC COOPERATIVE, INC. SOLD 312,024,192 KILOWATT HOURS OF ELECTRIC ENERGY TO ITS MEMBERS. THE COOPERATIVE PROVIDED ELECTRIC SERVICE TO 14,285 MEMBERS. false false false false false false false false false true false true false true false true false 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 21 0 true 81 true false false false false false 50879316 1487026 false false false X 9 9 false false false false true true true true true false false false true true true true true true true false X X JEFFREY M HODGES 3347742545 1311 WEST ROY PARKER ROAD OZARK AL 36361 JEFFREY M HODGES CEO 60.00 X 197892 0 75859 EUGENE JACKSON ENGINEER 50.00 X 174282 0 65400 SCOTTY BAREFOOT OPPERATIONS 50.00 X 161126 0 64749 TERRY CHANCEY CONSTRUCTION 47.00 X 130430 0 90594 BRIAN WHATLEY VP OPERATION 45.00 X 123328 0 80252 RUSTIN CLARK CONSTRUCTION 47.00 X 123408 0 53139 CHELSEY POLUMBO CFO 42.00 X 98427 0 24286 BILLY W DANZEY TRUSTEE 10.00 X 34740 0 0 LARRY L GRANTHAM TRUSTEE 9.00 X 12900 0 20801 LOWELL BRISTOW TRUSTEE 8.00 X 11400 0 20990 JACK EDWIN JONES JR TRUSTEE 8.00 X 31440 0 0 MICHAEL STARLING TRUSTEE 8.00 X 11400 0 19838 BRAXTON GREEN VICE PRESIDE 7.00 X X 30640 0 0 LEE T PETERS PRESIDENT 6.00 X X 29140 0 0 WILLIAM H STRICKLAND SECRETARY 5.00 X X 27240 0 0 JAMES E MILLER TRUSTEE 4.00 X 5100 0 20915 1202893 536823 6 false true false FIBERRISE COMMUNICATIONS LLC 8000 RIDEOUT RD HUNTSVILLE AL 35808 CONSULTING 6599530 BROADBAND TECHNICAL RESOURCE 152 MOLLY WALTON DR HENDERSONVILLE TN 37075 CONSULTING 3453198 HTC PO BOX 1007 ANDALUSIA AL 36420 ROW CLEARING 1729920 SOUTHERN STATES UTILITY INC 710 WATER OAK LANE TALLADEGA AL 35160 POLE REPAIR 1501894 KINGS TABLE POWERLINE SERV INC PO BOX 425 ARITON AL 36311 CONSTRUCTION 483880 6 SALES OF ELECTRICITY 50979438 50979438 50979438 525670 525670 CAPITAL CREDITS 777796 777796 OTHER 83438 83438 E.I.92-2353908 -524493 -524493 336741 51841849 51841849 1218430 490319 712574 2653951 COST OF POWER 28148193 DISTRIBUTION EXP - MAINT 6270016 DEPRECIATION 4412371 ADMINISTRATIVE & GENERAL 1879029 4460340 50245223 0 0 0 1072759 1899923 11900000 1000000 4458208 5398063 496735 108496 1010820 2971031 308128 337411 167433523 51917517 91340744 115516006 20625863 21261078 131213257 148492008 5929549 6981405 54133160 68043769 4685687 4286800 64748396 79311974 X 71038 72015 66393823 69108019 66464861 69180034 131213257 148492008 X 1596626 1118547 X false true X false 160163 160163 167273360 51917517 115355843 115516006 PATRONAGE CAPITAL - POWERSOUTH 18839030 C PATRONAGE CAPITAL - CFC 854893 C PATRONAGE CAPITAL - GRESCO 444579 C PATRONAGE CAPITAL - FEDERATED INS 266080 C PATRONAGE CAPITAL - CFC 247644 C PATRONAGE CAPITAL - CO BANK 196428 C PATRONAGE CAPITAL - SEDC 184460 C PATRONAGE CAPITAL - UNITED UTILITY 180793 C PATRONAGE CAPITAL - CRC 26435 C PATRONAGE CAPITAL - NRTC 20736 C 21261078 PROVISION FOR PENSIONS 3418850 CONSUMER DEPOSITS 682102 DEFERRED CREDITS 111708 LEASES 74140 4286800 51841849 51841849 51841849 49026793 49026793 1218430 1218430 50245223 SCHEDULE D, PAGE 4, PART XII, LINE 4B RETIREMENT OF CAPITAL CREDITS PAID 1,218,430 false false false JEFFREY M HODGES CEO 197892 56371 19488 273751 EUGENE JACKSON ENGINEER 174282 45912 19488 239682 SCOTTY BAREFOOT OPPERATIONS MANAGER 161126 45261 19488 225875 TERRY CHANCEY CONSTRUCTION FOREMAN 130430 71106 19488 221024 BRIAN WHATLEY VP OPERATIONS 123328 59612 20640 203580 RUSTIN CLARK CONSTRUCTION FOREMAN 123408 33651 19488 176547 FORM 990, PAGE 2, PART III, LINE 4D THE COOPERATIVE PROVIDED ELECTRIC SERVICE TO 14,285 MEMBERS. FORM 990, PAGE 6, PART VI, LINE 6 PEA RIVER ELECTRIC COOPERATIVE OPERATES ON THE COOPERATIVE BASIS HAVING MEMBERS WITH EQUAL VOTING RIGHTS AND WHO ARE ASSIGNED MARGINS IN ACCORDANCE WITH THE COOPERATIVE'S BY-LAWS. FORM 990, PAGE 6, PART VI, LINE 7A TRUSTEES ARE ELECTED TO SERVE THREE YEAR, STAGGERED TERMS THEREFORE, THREE TRUSTEES ARE ELECTED EACH YEAR. FORM 990, PAGE 6, PART VI, LINE 7B THE MEMBERSHIP MUST APPROVE CHANGES TO THE COOPERATIVE'S BY-LAWS AS WELL AS ANY OTHER DECISION REQUIRING APPROVAL OF THE MEMBERSHIP BY THE ARTICLES OF INCORPORATION AND/OR BY-LAWS. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT CONDUCTED A REVIEW OF THE 2023 FORM 990 BEFORE IT WAS PRESENTED TO THE BOARD OF TRUSTEES. A COPY OF THE COMPLETED 2023 FORM 990 WAS THEN PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW AT A SCHEDULED BOARD MEETING PRIOR TO THE FILING OF THE FORM 990 WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C OFFICERS AND TRUSTEES ARE REQUIRED TO DISCLOSE, ANNUALLY, ANY CONFLICTS OF INTEREST ON A QUESTIONNAIRE. FORM 990, PAGE 6, PART VI, LINE 15A USING COMPARABLE DATA, THE BOARD OF TRUSTEES DETERMINE AND APPROVE ALL WAGES AND SALARIES FOR THE COOPERATIVE EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 15B USING COMPARABLE DATA, THE BOARD OF TRUSTEES DETERMINE AND APPROVE ALL WAGES AND SALARIES FOR THE COOPERATIVE'S EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT ITS MAIN OFFICE IN OZARK, ALABAMA. FORM 990, PART XI, LINE 9 UTILITY TAX REFUNDS 163,994 OTHER EQUITIES & MARGINS 953,576 MEMBERSHIPS 977 OTHER EQUITIES & MARGINS 0 MEMBERSHIPS 0 TOTAL 1,118,547