UPSON ELECTRIC MEMBERSHIP CORPORATION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: UPSON ELECTRIC MEMBERSHIP CORPORATION (EIN 58-0470783)
Tax period: 2022-01-01 to 2022-12-31
Filed: 2023-10-11
IRS object ID: 202322849349300837
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-10-11T11:45:03-04:00	ReturnTs
Tax Period End	2022-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	581094351	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	POST OFFICE BOX ONE	AddressLine1Txt
City	MACON	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	312020001	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	580470783	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	UPSON ELECTRIC MEMBERSHIP	BusinessNameLine1Txt
Business Name Line2	CORPORATION	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	UPSO	BusinessNameControlTxt
Phone	7066475475	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 31	AddressLine1Txt
City	THOMASTON	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	302860001	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	NEAL TRICE	PersonNm
Person Title	PRESIDENT & CEO	PersonTitleTxt
Phone	7066475475	PhoneNum
Signature	2023-10-10	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	NEAL	PersonFirstNm
Person Last	TRICE	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	false	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	H TERRELL MCMICHAEL JR	PreparerPersonNm
PTIN	P01259982	PTIN
Phone	4787466277	PhoneNum
Preparation	2023-10-11	PreparationDt

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	NEAL TRICE	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 31	AddressLine1Txt
City	THOMASTON	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30286	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$18,458,644	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.UPSONEMC.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1937	FormationYr
Legal Domicile State	GA	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	27	TotalEmployeeCnt
Total Gross UBI	$9,296	TotalGrossUBIAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$15,312,279	PYProgramServiceRevenueAmt
CY Program Service Revenue	$18,303,806	CYProgramServiceRevenueAmt
PY Investment Income	$132,437	PYInvestmentIncomeAmt
CY Investment Income	$145,542	CYInvestmentIncomeAmt
PY Other Revenue	$7,839	PYOtherRevenueAmt
CY Other Revenue	$9,296	CYOtherRevenueAmt
PY Total Revenue	$15,452,555	PYTotalRevenueAmt
CY Total Revenue	$18,458,644	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$1,054,146	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$141,472	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$346,765	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$369,351	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$14,051,644	PYOtherExpensesAmt
CY Other Expenses	$17,947,821	CYOtherExpensesAmt
PY Total Expenses	$15,452,555	PYTotalExpensesAmt
CY Total Expenses	$18,458,644	CYTotalExpensesAmt
CY Revenues Less Expenses	$0	CYRevenuesLessExpensesAmt
Total Assets BOY	$38,150,316	TotalAssetsBOYAmt
Total Assets EOY	$38,778,006	TotalAssetsEOYAmt
Total Liabilities BOY	$12,140,967	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$13,283,420	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$26,009,349	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$25,494,586	NetAssetsOrFundBalancesEOYAmt
Mission	TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	N/A	Desc
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	Yes (true)	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	17	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	27	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
Members And Shr Gross Income	$17,725,683	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$191,946	OtherSourcesGrossIncomeAmt
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (true)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	GA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	UPSON ELECTRIC MEMBERSHIP CORP	PersonNm
Phone	7066475475	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	607 EAST MAIN STREET	AddressLine1Txt
City	THOMASTON	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30286	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
RAPHEAL BRUMBELOE
CHAIRMAN	3.00	Yes (X)	Yes (X)	$10,300	$0	$0
RONNIE M HENDRICKS
VICE CHAIRMA	5.00	Yes (X)	Yes (X)	$33,186	$0	$0
LORENZO WILDER SR
SEC./TREASUR	4.00	Yes (X)	Yes (X)	$14,400	$0	$0
RONALD VANHOUTEN
DIRECTOR	4.00	Yes (X)		$20,381	$0	$0
KENNY COGGINS
DIRECTOR	4.00	Yes (X)		$20,831	$0	$0
JAMES MEEKS
DIRECTOR	5.00	Yes (X)		$12,750	$0	$0
GREG HOBBS
DIRECTOR	1.00	Yes (X)		$975	$0	$0
NEAL TRICE
PRESIDENT &	50.00		Yes (X)	$200,352	$0	$56,176

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$313,175	TotalReportableCompFromOrgAmt
Total Other Compensation	$56,176	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
HARPER'S TREE SERVICE
816 HICKMAN FORK ROAD	THOMASTON	GA	30286	ROW CONTRACTOR	$468,898
SUMTER UTILITIES INC
1151 N PIKE W	SUMTER	SC	29153	SYSTEM UPGRADES	$221,601

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	2	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	ExclusionExclusionAmt
ELECTRIC REVENUE	221000	$17,725,683	$17,725,683
OTHER CAPITAL CREDITS	221000	$340,055	$340,055
POLE RENTAL	221000	$238,068		$238,068

Field	Value	IRS element (for citing)
Total Program Service Revenue	$18,303,806	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$145,542	TotalRevenueColumnAmt
Exclusion	$145,542	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	GAS SOUTH	Desc
Business	221000	BusinessCd
Total Revenue Column	$9,296	TotalRevenueColumnAmt
Unrelated Business Revenue	$9,296	UnrelatedBusinessRevenueAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$9,296	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$18,458,644	TotalRevenueColumnAmt
Related Or Exempt Func Income	$18,065,738	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$9,296	UnrelatedBusinessRevenueAmt
Exclusion	$383,610	ExclusionAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$141,472	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$369,351	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$280,326	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,001,688	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
PURCHASED POWER	$13,356,732
DISTRIBUTION MAINTENANCE	$1,027,332
DISTRIBUTION OPERATIONS	$809,474
CONSUMER ACCOUNTS	$721,029

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$751,240	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$18,458,644	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$680,216	BOYAmt
EOY	$726,049	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$6,059,499	BOYAmt
EOY	$5,828,040	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,414,481	BOYAmt
EOY	$1,950,339	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$295,585	BOYAmt
EOY	$700,663	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,970,756	BOYAmt
EOY	$2,478,908	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$33,468,082	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$14,171,794	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$19,229,648	BOYAmt
EOY	$19,296,288	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$7,495,115	BOYAmt
EOY	$7,797,719	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$5,016	BOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$38,150,316	BOYAmt
EOY	$38,778,006	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,009,423	BOYAmt
EOY	$2,240,892	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$8,685,675	BOYAmt
EOY	$8,612,717	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,445,869	BOYAmt
EOY	$2,429,811	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$12,140,967	BOYAmt
EOY	$13,283,420	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$35,830	BOYAmt
EOY	$36,125	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$25,973,519	BOYAmt
EOY	$25,458,461	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$26,009,349	BOYAmt
EOY	$25,494,586	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$38,150,316	BOYAmt
EOY	$38,778,006	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$0	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	-$514,763	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$80,685	OtherCostOrOtherBasisAmt
Book Value	$80,685	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$33,387,397	OtherCostOrOtherBasisAmt
Depreciation	$14,171,794	DepreciationAmt
Book Value	$19,215,603	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$19,296,288	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (8 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
PAT CAP OPC	$5,040,756	C
PAT CAP GTC	$1,381,348	C
PAT CAP GRESCO	$629,494	C
PAT CAP NRUCFC	$336,327	C
PAT CAP SMARR	$193,279	C
PAT CAP FEDERATED	$108,695	C
PAT CAP SEDC	$104,106	C
OTHER	$3,714	C

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$7,797,719	TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
ACCUM PROV FOR PENSIONS & BENEFITS	$1,373,368
CONSUMER DEPOSITS	$1,056,443

Field	Value	IRS element (for citing)
Total Liability	$2,429,811	TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE D, PAGE 4, PART XIII	FormAndLineReferenceDesc
Explanation	THE CORPORATIONS'S FISCAL YEAR END IS JUNE 30. THE CORPORATION'S FINANCIAL STATEMENTS WERE AUDITED AS OF JUNE 30, 2023 AND 2022.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	NEAL TRICE	PersonNm
Title	PRESIDENT & CEO	TitleTxt
Base Compensation Filing Org	$196,337	BaseCompensationFilingOrgAmt
Other Compensation Filing Org	$4,015	OtherCompensationFilingOrgAmt
Deferred Compensation Flng Org	$47,129	DeferredCompensationFlngOrgAmt
Nontaxable Benefits Filing Org	$9,047	NontaxableBenefitsFilingOrgAmt
Total Compensation Filing Org	$256,528	TotalCompensationFilingOrgAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 6	THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 7A	THE COOPERATIVE HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 7B	CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 11B	FORM 990 IS REVIEWED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 12C	THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 15A	COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD.
FORM 990, PAGE 6, PART VI, LINE 15B	COMPENSATION FOR THE KEY EMPLOYEES IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE CEO.
FORM 990, PAGE 6, PART VI, LINE 19	THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI, SECTION C, LINE 18.
FORM 990, PART XI, LINE 9	MEMBERSHIP FEES 295 PATRONAGE CAPITAL CREDITS 141,472 OTHER COMPREHENSIVE INCOME -61,457 OTHER -8,819 CAPITAL CREDIT RETIREMENTS -586,254 TOTAL -514,763