2025-05-13T14:33:00-07:00 2024-12-31 990 2024-01-01 370259803 EGYPTIAN ELECTRIC COOPERATIVE ASSOCIATION EGYP 8006061505 1732 Finney Rd Murphysboro IL 62966 Shane Hermetz EVP/General Manager 8006061505 2025-05-06 1 2024 2025-03-06 01:10:19Z Michael S Hermetz 1732 Finney Rd Murphysboro IL 62966 47587414 0 X www.eeca.coop X 1938 IL 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 44 0 0 0 0 0 45263891 46225323 51216 59707 1380133 1302384 46695240 47587414 15000 15000 2280506 3665059 5565217 6051175 0 0 0 37449963 38462760 45310686 48193994 1384554 -606580 109048722 110807345 52533619 52572577 56515103 58234768 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 44528935 0 47587414 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 44528935 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 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 18 0 1 44 1 0 0 0 0 0 46225323 93705 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 X Cheryl A Bauersachs 8006061505 1732 Finney Rd Murphysboro IL 62966 Michael S Hermetz Executive Vice President/General Manager 65 0 X 335112 0 215140 Brad Austin Engineering Manager 50 0 X 157894 0 128030 Jeremy Thies Operations Supervisor 50 0 X 144187 0 86742 Cheryl Bauersachs Finance Manager 50 0 X 145211 0 83579 Brooke Guthman Member Services Manager 50 0 X 155202 0 54568 Andrew Ahner Maintenance Lineman 47.13 0 X 149799 0 56899 Tyler Atchison Journeyman Lineman 46.34 0 X 146320 0 38522 Kevin Liefer Director 3.31 0 X 6900 0 7992 Paul Hicks Director 2.44 0 X 6900 0 4116 Kenneth Jarrett Director 6.58 0 X 9300 0 0 Steve Prest Director 5.83 0 X 8700 0 0 Paul Pyatt Director 1.71 0 X 7800 0 0 Randall Campbell Director 4.59 0 X 6900 0 0 Kevin Bame Director 3.25 0 X 6600 0 0 Richard Asaturian Director 1.76 0 X 2800 0 0 Mary Jo Homan Director 2.15 0 X 2000 0 0 1291625 0 675588 25 0 1 0 Association of Illinois Electric Cooperatives PO Box 3787 Springfield IL 62708 Engineering/Training 299229 NISC PO Box 1147 Mandan ND 58554 Information Sys Technology 320751 Endrizzi Contracting Inc 610 Old Rt 146 loop Vienna IL 62995 Tree Trimming 909023 Kendall Vegetation Services 2736 Meadow Church Rd Duluth GA 30097 Tree trimming 502439 Osmose Utilities Services Inc PO Box 736729 Dallas TX 75373 Pole testing 261567 5 0 0 0 0 0 0 0 0 Electric sales 221000 45767376 45767376 0 0 Other Sales 221000 457947 457947 0 0 0 0 0 0 46225323 59707 0 0 59707 0 0 0 0 0 0 0 0 0 0 0 0 0 G & T Capital Credits 221000 1111188 1111188 0 0 Other Capital Credits 221000 157198 157198 0 0 Other Income 221000 33998 33998 0 0 0 0 0 0 1302384 47587414 47527707 0 59707 5000 10000 0 3665059 858158 0 2659599 0 2533418 0 0 35853 15310 0 0 0 0 49406 114517 0 0 0 0 0 38088 1633090 0 4180991 0 Cost of Power 28296666 Distribution Maintenance 1993607 Admin & General 1962238 Distribution Operations 142994 48193994 0 0 0 1182947 1288371 4979846 4845799 2016116 1678316 1599638 1670196 370023 366938 116258468 45159987 70233559 71098481 28657710 29850361 8883 8883 109048722 110807345 4182892 4098036 0 0 0 0 0 0 0 0 0 0 37857817 37750619 0 0 10492910 10723922 52533619 52572577 X 0 0 6625 6625 56508478 58228143 56515103 58234768 109048722 110807345 X -606580 0 0 0 0 2326245 X 0 1 X 1 0 981535 0 981535 10468742 0 1823638 8645104 0 0 0 0 0 0 0 0 104808191 0 43336349 61471842 71098481 Patronage Capital - Associated Organizations 28926462 C Subordinated Certification CFC 923899 C 29850361 0 Accumulated Post Retirement 9681240 Consumer Deposits 990412 Obligations under Capital Leases 52270 10723922 X 46225323 0 0 0 0 0 46225323 1362091 0 1362091 47587414 44528935 0 0 0 0 0 44528935 0 3665059 3665059 48193994 Schedule D, Part X, Line 2 The following is the text of the footnote as it appears in the Financial Statements and Independent Auditors' 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 2023 1 Scholarships 10 10000 0 Schedule I, Part I, Line 2 Scholarship applicants must complete and submit a scholarship application and be in attendance at the Egyptian Electric Cooperative's annual meeting to qualify for the scholarship drawing. Successful applicants must prove enrollment in an accredited two or four-year college, university or vocational school for the upcoming fall term to receive the scholarship. For 2024, there were 10 scholarships awarded to 10 individuals for $1,000 each. 0 0 0 Michael S Hermetz Executive Vice President/General Manager 335112 0 0 0 645 0 167758 0 47382 0 550897 0 0 0 Brad Austin Engineering Manager 157894 0 0 0 0 0 84156 0 43874 0 285924 0 0 0 Jeremy Thies Operations Supervisor 144187 0 0 0 588 0 43129 0 43613 0 231517 0 0 0 Tyler Atchison Journeyman Lineman 146320 0 0 0 0 0 17282 0 21240 0 184842 0 0 0 Andrew Ahner Maintenance Lineman 149799 0 0 0 0 0 34992 0 21907 0 206698 0 0 0 Cheryl Bauersachs Finance Manager 145211 0 0 0 0 0 41731 0 41848 0 228790 0 0 0 Brooke Guthman Member Services Manager 155202 0 0 0 0 0 45936 0 8632 0 209770 0 0 0 United Utility Supply Michael S Hermetz 823422 Transformers 0 Cooperative Response Center (CRC) Michael S Hermetz 55603 Customer support srv after hrs 0 NRCO ACES National Renewables Coop Michael S Hermetz 0 Zero transactions, board member 0 Schedule L, Part I, Line 1 Michael S Hermetz serves on the Board of Directors of United Utility, CRC and NRCO/ACES. As Executive Vice President/General Manager of Egyptian Electric Cooperative Association (EECA), EECA purchases transformers from United Utility and customer support services from Cooperative Response Center. There are zero dollar transactions in regards to NRCO/ACES. 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 (1,633,706), Unclaimed 276,185, Discounted Retirements 18,621, Abandoned 86, Capital Credit Allocations 3,665,059 = Net change of 2,326,245