2023-09-27T09:15:28-05:00 2022-12-31 450250958 EIDE BAILLY LLP 345 N REID PL STE 400 SIOUX FALLS SD 571037034 990 2022-01-01 730375582 NORTHEAST OKLAHOMA ELECTRIC COOPERATIVE INC NORT 9182566405 PO BOX 948 VINITA OK 743010948 DANIEL WEBSTER GENERAL MANAGER/CEO 9182566405 2023-09-26 1 DANIEL WEBSTER 999009999 1 LAURIE HANSON CPA P00851848 6053391999 2023-09-12 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z DANIEL WEBSTER 91944143 0 X WWW.NEELECTRIC.COM X 1938 OK TO PROVIDE ELECTRICITY TO ITS MEMBERS ON A COOPERATIVE BASIS. 9 9 203 0 -256400 0 4067811 10000 79116558 88334765 1832358 -654583 744692 -90048 85761419 87600134 54964 44293 3503496 6375145 2151082 2106783 0 0 0 76918766 80545739 82628308 89071960 3133111 -1471826 249522381 253412960 152638027 150325195 96884354 103087765 NORTHEAST OKLAHOMA ELECTRIC COOPERATIVE, INC., IS A MEMBER-OWNED BUSINESS THAT EXISTS TO DELIVER COMPETITIVELY-PRICED ELECTRIC POWER AND OTHER HIGH-QUALITY SERVICES TO IMPROVE OUR MEMBERS' QUALITY OF LIFE. 0 0 TO PROVIDE ELECTRICITY TO OUR MEMBERS - 41,304 ACTIVE METERS SERVED AT YEAR-END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS AND WERE ALLOCATED PATRONAGE CAPITAL. 0 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 60 0 1 203 1 1 1 0 0 0 0 0 0 88480839 1723887 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 0 1 1 0 X NORTHEAST OKLAHOMA ELECTRIC COOPERATIVE INC 9182566405 PO BOX 948 VINITA OK 74301 BRIAN KELLY TRUSTEE 7.00 2.00 X 17989 0 0 JOHN MYERS VICE PRESIDENT 9.00 2.00 X X 25627 0 0 CHARLES WYRICK TRUSTEE 7.00 2.00 X 29239 0 0 DANDY RISMAN PRESIDENT 10.00 3.00 X X 32040 0 0 JIMMY CAUDILL SECRETARY/TREASURER 10.00 3.00 X X 31140 0 0 JAMES WADE TRUSTEE 8.00 2.00 X 25339 0 0 BENNY SEABOURN TRUSTEE UNTIL 08/2022 7.00 2.00 X 9280 0 0 MIKE DETHERAGE TRUSTEE FROM 09/2022 7.00 2.00 X 6188 0 0 SHARRON GAY TRUSTEE 9.00 2.00 X 15578 0 0 NANCY KIMBRELL TRUSTEE 8.00 2.00 X 22189 0 0 DANIEL WEBSTER GENERAL MANAGER/CEO 48.00 0.00 X 311173 0 149552 ERIK FEIGHNER CFO UNTIL 06/2022 40.00 0.00 X 101745 0 33913 SEAN FRIEND CFO FROM 08/2022 44.00 0.00 X 69950 0 20582 NICK SUTTON MANAGER OF OPERATIONS 45.00 0.00 X 144370 0 30423 CONNIE PORTER CONTROLLER 50.00 0.00 X 139533 0 91929 RICKY HIGNITE MANAGER OF INFORMATION TECHNOLOGY 42.00 0.00 X 125200 0 133828 SHANE BURGESS MANAGER OF ENGINEERING 44.00 0.00 X 123865 0 94384 DARRYLL LINDSEY MANAGER OF MEMBER SERVICES 43.00 0.00 X 127595 0 172734 1358040 0 727345 28 0 1 0 RIGGS TREE SERVICE PO BOX 453225 GROVE OK 74345 ROW CLEARING 2306705 NORTHEAST RURAL SERVICES PO BOX 399 VINITA OK 74301 ROW CLEARING 1719920 SCHILT MGMT SERVICES INC 439 S WOOD ST PRYOR OK 74361 CONSTRUCTION-SHOP EXPANSION 1257389 SPARKS 1370 KIRBY BRIDGE RD DANVILLE AL 35619 LINE WORK ORDER IMPROVEMENTS 1175419 NISC PO BOX 1147 MANDAN ND 58554 COMPUTER SERVICES/SOFTWARE FEES 624902 13 10000 10000 SALE OF ELECTRICITY 221000 87712114 87712114 PATRONAGE DIVIDENDS 221000 622651 622651 88334765 622050 622050 993595 449358 0 705758 993595 -256400 737195 -256400 993595 1918886 442732 3541004 97247 -1622118 345485 -1276633 -1276633 MISCELLEANOUS REVENUE 900099 2783 2783 EQUITY IN EARNINGS OF SUB 900099 -830026 -830026 -827243 87600134 87507522 -256400 339012 44293 6375145 956701 1150082 3825206 7932999 COST OF POWER 47430900 DISTRIBUTION EXPENSE - 12480407 CONSUMER ACCOUNTS 3123003 ADMINISTRATIVE & GENERA 2942961 2810263 89071960 14868284 9711349 671356 851158 14657907 5564980 1288810 2543746 1153581 476048 259138819 87805118 162703560 171333701 11239897 10184901 32496631 40347546 6855865 7171523 3586490 5228008 249522381 253412960 12405234 8937634 114280648 109325630 8500000 25952145 23561931 152638027 150325195 X 0 0 4476263 5197873 92408091 97889892 96884354 103087765 249522381 253412960 X -1471826 7675237 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 826576 826576 11689230 5093377 6595853 244001218 82711741 161289477 2621795 2621795 171333701 INVESTMENT IN SUBSIDIARY 38840544 C OTHER INVESTMENTS 1507002 C 40347546 ACCUMULATED POSTRETIREMENT BENEFIT OBLIGATION 12386225 CONSUMER DEPOSITS 1759588 DEFERRED CREDITS 9416118 23561931 X 88305890 0 88305890 -705756 -705756 87600134 83402571 705756 705756 82696815 6375145 6375145 89071960 PART X, LINE 2: THE COOPERATIVE EVALUATES ITS TAX POSITIONS THAT HAVE BEEN TAKEN OR ARE EXPECTED TO BE TAKEN ON INCOME TAX RETURNS TO DETERMINE IF AN ACCRUAL IS NECESSARY FOR UNCERTAIN TAX POSITIONS. AS OF DECEMBER 31, 2022 AND 2021, THE UNRECOGNIZED TAX BENEFITS ACCRUAL WAS ZERO. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES RECLASSIFIED -705,756. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES RECLASSIFIED 705,756. PART XII, LINE 4B - OTHER ADJUSTMENTS: PATRONAGE DIVIDENDS - ALLOCATED 6,375,145. 1 NORTHEAST OKLAHOMA ELECTRIC FOUNDATION PO BOX 948 VINITA OK 74301 731544089 501(C)(3) 10000 0 COBANK MATCHING SUCCESS REC CARES PO BOX 948 VINITA OK 74301 843273124 501(C)(3) 22623 0 GENERAL ASSISTANCE DELAWARE COUNTY 327 S 5TH STREET JAY OK 74346 736006364 GOVERNMENT 6000 0 YOUTH AG PROGRAM MAYES COUNTY ONE COURT PLACE PRYOR OK 74361 736006390 GOVERNMENT 5670 0 YOUTH AG PROGRAM 4 PART I, LINE 2: THE COOPERATIVE MAKES CONTRIBUTIONS TO ORGANIZATIONS WITH TAX-EXEMPT STATUS UNDER 501(C)(3). RECIPIENT ORGANIZATIONS ARE ABLE TO USE THE FUNDS AS NEEDED TO FURTHER THEIR TAX-EXEMPT PURPOSES. THE BOARD OF DIRECTORS DOES NOT REQUIRE RECIPIENT ORGANIZATIONS TO PROVIDE REPORTS DETAILING THE EXPENDITURES RELATED TO THE GRANTS, BUT TRUSTS THE TAX-EXEMPT ORGANIZATION TO USE THE FUNDS APPROPRIATELY. X X X 0 0 0 DANIEL WEBSTER GENERAL MANAGER/CEO 307968 0 307 0 2898 0 121089 0 33098 0 465360 0 0 0 DARRYLL LINDSEY MANAGER OF MEMBER SERVICES 123884 0 1408 0 2303 0 153751 0 20881 0 302227 0 0 0 RICKY HIGNITE MANAGER OF INFORMATION TECHNOLOGY 122799 0 1408 0 993 0 107195 0 28494 0 260889 0 0 0 CONNIE PORTER CONTROLLER 133421 0 1408 0 4704 0 72317 0 22643 0 234493 0 0 0 SHANE BURGESS MANAGER OF ENGINEERING 121378 0 1408 0 1079 0 67686 0 28534 0 220085 0 0 0 NICK SUTTON MANAGER OF OPERATIONS 141636 0 1408 0 1326 0 4306 0 28252 0 176928 0 0 0 PART II, COLUMN C PER THE INSTRUCTIONS, COLUMN C INCLUDES THE CHANGE IN ACTUARIAL VALUE IN THE DEFINED BENEFIT PLAN FOR PERSONS LISTED IN SCHEDULE J, PART II. ACTUAL EXPENSE OF THE PLAN MAY BE SIGNIFICANTLY DIFFERENT FROM THE CHANGE IN ACTUARIAL VALUE. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS INDIVIDUAL, ENTITY, AND JOINT MEMBERSHIPS. EACH MEMBERSHIP HAS ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7A MEMBERSHIP VOTES FOR BOARD MEMBERS UP FOR ELECTION AT ANNUAL MEETING HELD EVERY YEAR ON THE 3RD SATURDAY IN SEPTEMBER. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS VOTE FOR BOARD OF DIRECTORS AND BY-LAW CHANGES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CFO, CONTROLLER, AND ACCOUNTING SUPERVISOR. FORM 990, PART VI, SECTION B, LINE 12C EACH EMPLOYEE OR TRUSTEE, REGARDLESS OF POSITION, SHALL INFORM THEIR APPROPRIATE SENIOR STAFF MEMBER, GENERAL MANAGER, OR PRESIDENT IF THEY COULD BE CONSIDERED TO HAVE A CONFLICT OF INTEREST DURING THE COURSE OF THEIR DUTIES FOR THE COOPERATIVE. THE SENIOR STAFF MEMBER, GENERAL MANAGER, OR PRESIDENT WILL MAKE THE DETERMINATION IF A CONFLICT EXISTS, AND, IF ONE DOES, REMOVE THE TRUSTEE OR EMPLOYEE FROM THE SITUATION IN ORDER TO PROTECT THE TRUSTEE OR EMPLOYEE AND THE COOPERATIVE. FORM 990, PART VI, SECTION B, LINE 15 ORGANIZATION UTILIZES CONSULTANTS, OTHER ORGANIZATION FORM 990'S, COMPENSATION SURVEYS AND APPROVAL BY THE BOARD OR COMPENSATIONS COMMITTEE AS DEEMED NECESSARY. THE COMPENSATION PROCESS IS UNDERTAKEN ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PATRONAGE DIVIDENDS - ALLOCATED 6,375,145. POST-RETIREMENT BENEFIT OBLIGATION ADJUSTMENT 2,769,891. RETIREMENT OF CAPITAL CREDITS -1,621,316. OTHER ADJUSTMENT 151,517. FORM 990, PART IX THE COOPERATIVE'S ACCOUNTING RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS REQUIRED BY ITS REGULATORY AGENCY. THE UNIFORM SYSTEM OF ACCOUNTS DOES NOT RECORD EXPENSES IN THE EXPENSE CATEGORIES PROVIDED ON PART IX LINES 1-23. THEREFORE, OTHER EXPENSES LINE 24 INCLUDES EXPENSES THAT ARE DESCRIBED IN LINES 1-23, BUT REPORTED USING THE UNIFORM SYSTEM OF ACCOUNTS. NORTHEAST OKLAHOMA ELECTRIC FOUNDATION PO BOX 948 VINITA OK 74301 731544089 DONATIONS OK 501(C)(3) LINE 7 NORTHEAST OKLAHOMA ELECTRIC COOPERATIVE INC 1 NORTHEAST RURAL SERVICES PO BOX 948 VINITA OK 74301 731336388 FIBER TO THE HOME OK NORTHEAST OKLAHOMA ELECTRIC COOPERATIVE INC C -830026 116356646 1.00000 1 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 1 0 NORTHEAST RURAL SERVICES M 1230290 ACCRUAL NORTHEAST RURAL SERVICES R 4215929 ACCRUAL NORTHEAST RURAL SERVICES J 1205904 ACCRUAL NORTHEAST RURAL SERVICES Q 1946619 ACCRUAL NORTHEAST OKLAHOMA ELECTRIC FOUNDATION B 114917 ACCRUAL