2023-05-03T14:20:34-07:00 2022-12-31 990 2022-01-01 370259803 EGYPTIAN ELECTRIC COOPERATIVE ASSOCIATION EGYP 8006061505 1732 Finney Rd Murphysboro IL 62966 Shane Hermetz EVP/General Manager 8006061505 2023-04-26 1 1 11 0 AAL2 X 2022 2023-04-26 12:10:37Z Michael S Hermetz 1732 Finney Rd Murphysboro IL 62966 44358904 0 X www.eeca.coop X 1938 IL EECA's mission is to provide electric services to approximately 15,000 members/owners in a ten county area of Southern Illinois since its founding in 1938. 9 9 48 0 0 0 0 0 40834646 42770661 35277 35436 1300286 1552807 42170209 44358904 15000 15000 2295223 3975503 5126155 5827892 0 0 0 33053550 36235506 40489928 46053901 1680281 -1694997 103786705 107457170 51703665 53993875 52083040 53463295 To provide electric services to approximately 15,000 members/owners in a ten county area of Southern Illinois since its founding in 1938. 0 0 42078398 0 44358904 Egyptian Electric Cooperative Association is an electric distribution cooperative whose primary mission is to provide reliable and cost effective electric service to approximately 15,000 member/owners in Southern Illinois. The revenue generated from the sale of electricity to its members is used primarily to purchase wholesale power from Southern Illinois Power Cooperative, a generation and transmission cooperative, and to provide the necessary distribution and general plant facilities to distribute that electricity to its members and maintain those facilities and service support systems. 0 0 0 42078398 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 19 0 1 48 1 0 0 0 0 0 42770661 248536 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X Cheryl A Bauersachs 8006061505 1732 Finney Rd Murphysboro IL 62966 Michael S Hermetz Executive Vice President/General Manager 65 0 X 267661 0 290774 Brad Austin Engineering Manager 50 0 X 133971 0 135905 Jeremy Thies Operations Supervisor 50 0 X 127058 0 119649 Art Pontow Projects Manager 50 0 X 146255 0 97292 Dennis Luehr Projects Manager 50 0 X 126875 0 56762 Cody Lee Lineman-Foreman 43.56 0 X 126118 0 53314 Cheryl Bauersachs Finance Manager 50 0 X 97883 0 81374 Kevin Liefer Director 2.85 0 X 4800 0 16836 Paul Hicks Director 3.27 0 X 7800 0 5732 Kenneth Jarrett Director 7.7 0 X 11400 0 0 Steve Prest Director 5.98 0 X 9000 0 0 Paul Pyatt Director 3.54 0 X 6300 0 0 Randall Campbell Director 3.01 0 X 6000 0 0 Richard Asaturian Director 1.64 0 X 4300 0 0 Mary Jo Homan Director 2.24 0 X 4100 0 0 Kevin Bame Director 1.97 0 X 3100 0 0 1082621 0 857638 23 0 1 0 MVMA Inc PO Box 247 West Frankfort IL 62896 Tree Trimming 323906 Association of Illinois Electric Cooperatives PO Box 3787 Springfield IL 62708 Engineering/Training 268064 NISC PO Box 1147 Mandan ND 58554 Information Sys Technology 305226 Endrizzi Contracting Inc 610 Old Rt 146 loop Vienna IL 62995 Tree Trimming 988819 4 0 0 0 0 0 0 0 0 Electric sales 221000 42538204 42538204 0 0 Other sales 221000 232457 232457 0 0 0 0 0 0 42770661 35436 0 0 35436 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 G&T Capital Credits 221000 1112668 1112668 0 0 Other Capital Credits 221000 227038 227038 0 0 Other Income 221000 213101 213101 0 0 0 0 0 0 1552807 44358904 44323468 0 35436 15000 0 0 3975503 722215 0 2587876 0 2517801 0 0 26673 13450 0 0 0 0 52831 108444 0 0 0 0 0 35847 1480130 0 3388927 0 Cost of power 27546832 Distribution maintenance 1782958 Admin & general 1752536 Distribution operations 46878 0 46053901 0 0 0 1004240 1283695 3796952 5189438 2691717 2353917 1052605 1352112 679350 448433 107638354 38216672 68399129 69421682 26153829 27399010 8883 8883 103786705 107457170 3414158 4519627 0 0 0 0 0 0 0 0 0 0 38331582 39178211 0 0 9957925 10296037 51703665 53993875 X 0 0 6625 6625 52076415 53456670 52083040 53463295 103786705 107457170 X -1694997 0 0 0 0 3075252 X 0 1 X 1 0 712227 0 712227 10412502 0 1317469 9095033 0 0 0 0 0 0 0 0 96513625 0 36899203 59614422 69421682 Patronage Capital-Associated Organizations 26473170 C Subordinated Certificates - CFC 925840 C 27399010 0 Accumulated Post Retirement 9285849 Consumer Deposits 903175 Obligations Under Capital Leases 107013 10296037 X 42770661 0 0 0 0 0 42770661 1588243 0 1588243 44358904 42078398 0 0 0 0 0 42078398 0 3975503 3975503 46053901 Schedule D, Part X, Line 2 The following is the text of the footnote as it appears in the Financial Statements and Independent Auditor's Report of Egyptian Electric Cooperative Association. "The Cooperative and Trust are not aware of any significant circumstances or events that make it reasonably possible that unrecognized tax benefits may increase or decrease within 12 months of the balance sheet date." Schedule D, Part XII, Line 4b Capital Credit Allocations for 2021 1 Egyptian Electric Charitable Fund NFP 1732 Finney Rd Murphysboro IL 62966 850625407 501(c)(3) 15000 0 Scholarships and classroom empowerment grants. 1 1 Schedule I, Part I, Line 2 Egyptian Electric Charitable Fund NFP is a controlled organization of Egyptian Electric Cooperative. 0 0 0 Michael S Hermetz Executive Vice President/General Manager 266971 0 0 0 690 0 243560 0 47214 0 558435 0 0 0 Art Pontow Projects Manager 146255 0 0 0 0 0 57607 0 39685 0 243547 0 0 0 Brad Austin Engineering Manager 133971 0 0 0 0 0 90845 0 45060 0 269876 0 0 0 Jeremy Thies Operations Supervisor 126422 0 0 0 636 0 75495 0 44154 0 246707 0 0 0 Cody Lee Lineman-Foreman 126118 0 0 0 0 0 32639 0 20675 0 179432 0 0 0 Cheryl Bauersachs Finance Manager 97883 0 0 0 0 0 40882 0 40492 0 179257 0 0 0 Dennis Luehr Projects Manager 126875 0 0 0 0 0 54489 0 2273 0 183637 0 0 0 United Utility Supply Michael S Hermetz 1090863 Transformers 0 Cooperative Response Center (CRC) Michael S Hermetz 45299 Customer support services after-hours 0 National Renewables Cooperative Organization NRCO Michael S Hermetz 0 Board member only, no transactions 0 ACES Power Marketing Michael S Hermetz 0 Board member only, no transactions 0 Schedule L, Part IV Michael S Hermetz serves on the Board of Directors of United Utility Supply, Cooperative Response Center, ACES Power Marketing, and National Renewables Cooperative Organization. He is also Executive Vice President/General Manager of Egyptian Electric Cooperative Association. Egyptian Electric Cooperative Association purchases transformers from United Utility Supply and purchases customer support services from Cooperative Response Center (CRC). Form 990, Part VI, Section A, Line 6 Members have the right to participate in the organization's governance and to receive capital credit distributions of income from the organization. Form 990, Part VI, Section A, Line 7a An annual board meeting is held at which the organization's members are allowed to vote for members of the governing body. Form 990, Part VI, Section B, Line 11b Management emails a copy of this Form 990 to each board member for their review prior to its subsequent filing. Form 990, Part VI, Section B, Line 12c EECA reviews policy compliance annually with legal counsel. Conflicts of interest issues are reviewed on a case by case basis. Form 990, Part VI, Section B, Line 15 The Board of Directors holds a meeting to determine top management's compensation. They review a statewide compensation survey as a guide in determining compensation. Form 990, Part VI, Section C, Line 19 All of EECA's governing documents, conflicts of interest policy and financial statements are made available to the public upon request. Form 990, Part XI, Line 9 Retirements (1,102,207), Unclaimed 169,733, Discounted Retirements 32,187, Abandoned 36, Capital Credit Allocations 3,975,503 = Net change of 3,075,252.