2023-09-19T10:32:38-05:00 2022-12-31 FORVIS LLP PO BOX 3667 LITTLE ROCK AR 722033667 990 2022-01-01 430233223 CUIVRE RIVER ELECTRIC COOPERATIVE INC % JESSICA PONDER CUIV 8003923709 PO BOX 160 TROY MO 63379 DOUGLAS TRACY PRESIDENT AND CEO 8003923709 2023-09-05 true DOUG TRACY 000000000 AMBER SHERRILL P00748683 5013721040 3 2022 2023-04-26 12:10:37Z JESSICA PONDER PO BOX 160 TROY MO 63379 137396253 false X CUIVRE.COM X 1941 MO DISTRIBUTE ELECTRICITY TO MEMBER CONSUMERS 13 13 148 13 0 0 0 0 126813583 136623824 421353 329876 353164 383646 127588100 137337346 25241 21836 7296206 7189023 16449083 17574461 0 0 0 103974749 109649910 127745279 134435230 -157179 2902116 339510149 354632047 194671932 205443061 144838217 149188986 BE A PROGRESSIVE LEADER IN THE ENERGY INDUSTRY, EMPOWERING EMPLOYEES TO SERVICE OUR MEMBERS USING INNOVATIVE ENERGY SOLUTIONS WHILE SAFELY PROVIDING RELIABLE SERVICE AT THE LOWEST POSSIBLE COST. false false CUIVRE RIVER ELECTRIC IS AN ELECTRIC DISTRIBUTION COOPERATIVE THAT PROVIDES ELECTRIC SERVICE TO 61,846 MEMBER OWNERS 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 true true true false true 54 0 true 148 true false false false false false 134815606 2184353 false false false X 13 13 false false false false true true true true true false false true true true true true true true true false MO X JESSICA PONDER 8003923709 1112 E CHERRY ST TROY MO 63379 X DOUGLAS S TRACY PRESIDENT & CEO 50.0 0.0 X 431470 0 260072 KEITH STONE VP ECONOMIC DEVELOPMENT 48.0 0.0 X 182279 0 161695 BRYON STILLEY VP ENGINEERING & OPERATIONS 40.0 0.0 X 197075 0 101877 CHRISTOPHER RYAN VP MEMBER ENGAGEMENT 42.0 0.0 X 151965 0 116205 MARVIN PEASEL OPERATIONS MANAGER 40.0 0.0 X 134651 0 121736 STANLEY WINKLE SYSTEM ENGINEER 40.0 0.0 X 146408 0 103589 MARK ZIEGLER CREW CHIEF 40.0 0.0 X 134042 0 70715 ANTHONY SCHERDER CREW CHIEF 40.0 0.0 X 132509 0 71689 CLINTON COURTNEY LSL SUPERVISING CREW CHIEF 50.0 0.0 X 151032 0 50575 WENDY MCELVAIN VP FINANCE & ACCOUNTING 48.0 0.0 X 160467 0 17387 TED HOUSE DIRECTOR 2.32 0.0 X 9300 0 0 DIANE SAALE DIRECTOR 3.43 0.0 X 8850 0 0 DANIEL ELLIOTT DIRECTOR 3.85 0.0 X 8700 0 0 JEFF GEISENDORFER DIRECTOR 1.93 0.0 X 8700 0 0 MARK SCHULTE DIRECTOR 1.6 0.0 X 8600 0 0 DALE ANDERSON DIRECTOR 1.39 0.0 X 6900 0 0 MICHAEL CHERRY DIRECTOR 1.8 0.0 X 6900 0 0 MICHAEL BURKEMPER DIRECTOR 1.15 0.0 X 6300 0 0 STEVE COFFEY DIRECTOR 1.71 0.0 X 6300 0 0 PHIL DUNK DIRECTOR 1.75 0.0 X 6300 0 0 WALTER GREGORY DIRECTOR 1.39 0.0 X 6300 0 0 DENISE O'MARA DIRECTOR 0.66 0.0 X 3600 0 0 KAREN BERRA DIRECTOR 0.5 0.0 X 2300 0 0 1910948 0 1075540 52 false true false TOMS TREE SERVICE ST CHARLES ROCK ROAD SAINT ANN MO 63074 TREE TRIMMING 4064208 ASPLUNDH TREE EXPERT CO 104 S MCKINLEY AVE C UNION MO 63084 TREE TRIMMING 1456580 MERIDIAN COOPERATIVE INC 100 Ashford Center North Suite 500 ATLANTA GA 30338 SOFTWARE MAINTENANCE 1314805 ALTITUDE ENERGY LLC 26400 I-76 FRONTAGE ROAD KEENESBURG CO 80643 CONTRACT LABOR 1116924 WARNER COMMUNICATIONS CORP 1340 BAUR BLVD ST LOUIS MO 63132 RADIO SYSTEM 601789 14 X 0 SALES OF ELECTRIC ENERGY 221000 134107099 134107099 G&T CAPITAL CREDITS 221000 1672710 1672710 OTHER CAPITAL CREDITS 221000 708507 708507 SURGE SUPPRESSOR INCOME 221000 135508 135508 136623824 150372 0 150372 0 0 37821 341079 37821 341079 378900 378900 234719 55215 179504 179504 179504 0 0 0 0 0 0 8588 3692 4896 4896 MISCELLANEOUS REVENUE -150 -150 -150 -150 -150 137337346 136623824 0 713522 21836 0 0 7189023 1869043 0 10201909 2390812 2175059 937638 0 78397 41475 0 0 0 166758 753128 803316 0 0 192238 0 0 131251 5794870 0 9885805 378 COST OF ELECTRIC POWER 84261032 CONSUMER ACCOUNTS 3089377 DISTRIBUTION EXPENSE 1607111 ADMINISTRATIVE & GENERAL 1437443 1407331 134435230 7573036 10065564 8250630 6208643 0 0 11337885 14242669 0 0 0 0 219121 186633 5240610 10324878 1949546 1272857 339424676 106901572 225198476 232523104 0 0 0 0 79740845 79807699 0 0 0 0 339510149 354632047 14957129 17064857 0 0 9940665 9658887 0 0 0 0 0 0 163890893 173584694 0 0 5883245 5134623 194671932 205443061 X 0 0 0 0 144838217 149188986 144838217 149188986 339510149 354632047 X 2902116 1448653 X X false true X true false 1581038 1581038 18436505 15219905 3216600 316247989 91681667 224566322 3159144 3159144 232523104 PATRONAGE CAPITAL-ASSOC COOPS 76559903 C INVESTMENT IN CFC 2640591 C INVESTMENT IN ASSOC ORGS 3459 C NONUTILITY PROPERTY 7234 C OTHER SPECIAL FUNDS 596512 C 79807699 0 Consumer Deposits 2644345 Accum PostRetirement Benefits 2490278 5134623 137337346 137337346 137337346 127246207 127246207 7189023 7189023 134435230 form 990, schedule d, part x, line 2 management has evaluated their income tax positions under the guidance included in asc 740. based on their review, management has not identified any material tax positions to be recorded or disclosed in the financial statements. FORM 990, SCHEDULE D, PART XII, LINE 4B PATRONAGE CAPITAL ALLOCATED $7,189,023 X X true false false DOUGLAS S TRACY PRESIDENT & CEO 418413 0 13057 0 0 0 246127 0 13945 0 691542 0 0 0 KEITH STONE VP ECONOMIC DEVELOPMENT 179318 0 2961 0 0 0 147751 0 13944 0 343974 0 0 0 WENDY MCELVAIN VP FINANCE & ACCOUNTING 102601 0 2707 0 55159 0 6240 0 11147 0 177854 0 0 0 BRYON STILLEY VP ENGINEERING & OPERATIONS 194114 0 2961 0 0 0 85157 0 16720 0 298952 0 0 0 CHRISTOPHER RYAN VP MEMBER ENGAGEMENT 151965 0 0 0 0 0 104637 0 11568 0 268170 0 0 0 CLINTON COURTNEY LSL SUPERVISING CREW CHIEF 151032 0 0 0 0 0 33855 0 16720 0 201607 0 0 0 MARVIN PEASEL OPERATIONS MANAGER 134651 0 0 0 0 0 108524 0 13212 0 256387 0 0 0 MARK ZIEGLER CREW CHIEF 134042 0 0 0 0 0 63559 0 7156 0 204757 0 0 0 ANTHONY SCHERDER CREW CHIEF 132509 0 0 0 0 0 58477 0 13212 0 204198 0 0 0 STANLEY WINKLE SYSTEM ENGINEER 146408 0 0 0 0 0 88498 0 15091 0 249997 0 0 0 FORM 990, SCHEDULE J, PART I, 4A WENDY MCELVAIN SEVERANCE PAYMENT OF $45,090, UPON SEPARATION. FORM 990, SCHEDULE J, PART II, COLUMN C RETIREMENT AND OTHER DEFERRED COMPENSATION IS NOT ACTUAL RECEIVED ANNUAL COMPENSATION TO THE INDIVIDUAL, RATHER IT IS AN ACTUARIAL AMOUNT OF BENEFITS FOR ANTICIPATED RETIREMENT DISTRIBUTION UPON NORMAL RETIREMENT AGE. THE AMOUNT IS USED FOR ACCOUNTING PURPOSES BY THE COOPERATIVE ANNUALLY. FORM 990, PART VI, SECTION A, LINE 6 ALL CUSTOMERS OF THE COOPERATIVE ARE MEMBER OWNERS. MEMBERS HAVE THE SAME RIGHTS TO ELECT INDIVIDUALS TO THE BOARD OF DIRECTORS AND VOTE ON BY-LAW REVISIONS. MEMBERS RECEIVE PATRONAGE CAPITAL ALLOCATIONS BASED ON THEIR ELECTRIC REVENUE CONTRIBUTED LESS POWER COSTS. FORM 990, PART VI, SECTION A, LINE 7A ALL BOARD MEMBERS ARE ELECTED BY THE MEMBERSHIP OF THE COOPERATIVE AT THE ANNUAL MEETING, IN PERSON OR BY ABSENTEE OR ONLINE VOTING. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE COOPERATIVE VOTE ON PROPOSED BY-LAW CHANGES EACH YEAR DURING THE ANNUAL MEETING, IN PERSON OR BY ABSENTEE OR ONLINE VOTING. FORM 990, PART VI, SECTION B, LINE 11B A PRELIMINARY COPY IS PRESENTED TO THE BOARD OF DIRECTORS, PRESIDENT & CEO AND MANAGER OF FINANCE AND ACCOUTNING FOR REVIEW. THE RETURN IS THEN PRESENTED FOR FINAL REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS. ONCE FINAL CHANGES ARE MADE, THE BOARD AND MANAGEMENT AUTHORIZE IT FOR SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS COMPLETE A QUESTIONNAIRE ANNUALLY TO DETERMINE COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15A & 15B THE ORGANIZATION HAS A WAGE AND SALARY PLAN IN PLACE WITH EACH JOB POSITION ASSIGNED A CLASSIFICATION LEVEL. THIS PLAN IS REVIEWED ANNUALLY BY THE CEO AND MANAGER OF ADMINISTRATION AND PRESENTED TO THE BOARD FOR APPROVAL OF WAGE ADJUSMENTS. THE REVIEW INCLUDES COMPARING CREC'S PLAN TO A NATIONAL COMPENSATION SURVEY PROVIDED BY NRECA, PLANS OF COOPERATIVES OF SIMILAR SIZE AND DEMOGRAPHICS AND PLANS OF BUSINESSES IN METROPOLITAN AREAS. THE BOARD OF DIRECTORS REVIEWS THE CEO COMPENSATION. AN ANALYSIS IS CONDUCTED AND A FULL REPORT IS PRESENTED TO THE MANAGER OF HUMAN RESOURCES, CEO, AND BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST FORM 990, PART VIII, LINE 6 PERSONAL PROPERTY RENTS ARE POLE RENTAL INCOME AND ARE EXCLUDED FROM UNRELATED BUSINESS INCOME. FORM 990, PART XI, LINE 9 2022 PATRONAGE ALLOCATED TO MEMBERS: $7,189,023 RETIREMENT OF CAPITAL CREDITS: ($7,355,786) UNCLAIMED CAPITAL CREDITS: $898,702 ACTUARIAL LOSS: $716,714 ------------------------------------------------- TOTAL OTHER CHANGES $1,448,653 FORM 990, PART XII, LINE 2C THE ORGANIZATION'S BOARD OF DIRECTORS ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS NOT CHANGED THE OVERSIGHT FROM PRIOR YEARS. CUIVRE RIVER ELECTRIC TRUST 1112 EAST CHERRY ST TROY MO 63379 431789426 CHARITY MO 501(C)(3) 7 CREC true CUIVRE RIVER ELECTRIC SERVICE CO 1112 EAST CHERRY STREET TROY MO 63379 431439246 INACTIVE MO CREC C CORPORATION 0 0 1.00000 true false false false false false false false false false false false false false false false false false true false CUIVRE RIVER ELECTRIC COMMUNITY TRUST R 369399 FMV