2023-11-02T15:20:21-04:00 2022-12-31 743040374 KELSO LYNCH PC PA 6700 SQUIBB RD STE 215 MISSION KS 662023252 990 2022-01-01 440418245 SAC OSAGE ELECTRIC COOPERATIVE INC SACO 4178762721 PO BOX 111 EL DORADO SPRINGS MO 64744 AARON ASH GENERAL MANAGER 4178762721 2023-11-02 true AARON ASH 999009999 false THOMAS F HANCOCK CPA P00501575 9138311150 2023-11-02 2022 2023-04-26 12:10:37Z AARON ASH 21557532 false X WWW.SACOSAGE.COM X 1940 MO TO PROVIDE RELIABLE ENERGY AND RELATED SERVICES TO OUR MEMBERS AT THE LOWEST COST. 9 9 40 426499 0 20108905 20922498 73210 125709 68076 492325 20250191 21540532 0 1651527 1503336 1136455 1107355 0 0 17462209 18929841 20250191 21540532 0 61408148 94359404 34221154 66545083 27186994 27814321 TO PROVIDE RELIABLE ENERGY AND RELATED SERVICES TO OUR MEMBERS AT THE LOWEEST COST. false false SAC-OSAGE ELECTRIC COOPERATIVE PROVIDES ELECTRIC SERVICE TO APPROXIMATELY 9,000 MEMBERS ON A SYSTEM THAT INCLUDES MORE THAN 2,400 MILES OF LINES AND 11,600 METERS. false false false false false false false false false true false true false true true false true false false false false false false false false false false false true false false false false false false false false false false true false false false true 20 0 true 40 true true true false false false false 21170951 1739392 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false X JAMES DAVIS 4178762721 PO BOX 111 EL DORADO SPRINGS MO 64744 RONALD SIMMONS CREW FOREMAN 45.00 X 106030 0 95790 JOSH BERNING SENIOR LINEM 45.00 X 100914 0 67626 KELLY ECK JOURNEYMAN L 47.00 X 108010 0 55582 TYSEN SAYLER JOURNEYMAN L 47.00 X 105097 0 42152 KELLY MCPEAK FINANCE & AD 40.00 X 92667 0 54279 GARRETT MAYS JOURNEYMAN L 46.00 X 102070 0 28809 AARON ASH GENERAL MANA 40.00 X 68094 0 48359 TIMOTHY MINEHARDT EXECUTIVE DI 5.00 X 6120 0 0 RONALD BROCKUS DIRECTOR 3.00 X 3758 0 0 KEN HACKER DIRECTOR 3.00 X 3720 0 0 BRIAN HUBBARD DIRECTOR 3.00 X 3670 0 0 RAYMOND HUESEMANN DIRECTOR 2.00 X 3362 0 0 GARY ASHBY DIRECTOR 2.00 X 3320 0 0 GEORGE UNDERWOOD DIRECTOR 2.00 X 3258 0 0 JOHN J MURRAY DIRECTOR 3.00 X 2554 0 0 FREDERICK WOODRELL DIRECTOR 2.00 X 2114 0 0 MARANDA SPANGLER DIRECTOR 1.00 X 0 0 0 SHANNON TUCKER DIRECTOR 1.00 X 0 0 0 714758 392597 5 false true true ERVIN CABLE CONSTRUCTION LLC PO BOX 10 STURGIS KY 42459 CONTRACTOR 6182263 TECHLINE PO BOX 674005 DALLAS TX 75267 MATERIALS 4968065 MDR 621 E BALIS CHAPEL COLUMBIA MS 39429 CONTRACTOR 3518282 CONEXON LLC 2001 GRAND BLVD STE 700 KANSAS CITY MO 64108 CONTRACTOR 2326386 ASPLUNDH TREE EXPERT COMPANY 1700 SOLUTIONS CENTER CHICAGO IL 60677 RIGHT-OF-WAY CL 1674082 15 SALE OF ELECTRICITY 221000 19830685 19830685 CAPITAL CREDITS 221000 734834 734834 MISCELLANEOUS ELECTRIC 221000 183808 183808 FIBER REVENUE SHARE 221000 173171 173171 20922498 77039 77039 485832 485832 485832 426499 59333 65670 17000 48670 48670 48670 BROADBAND GRANT REVENUE 900099 6906 6906 MISC NON OPERATING 900099 -413 -413 6493 21540532 20977661 426499 136372 X 1503336 295275 812080 1292486 1885869 COST OF POWER 9946610 DISTRIBUTION EXPENSE 3871146 ADMIN & GENERAL 1281639 MEMBER SERVICES 652091 21540532 0 0 0 1400898 5306692 971665 356810 998876 1378564 814421 3226320 360730 267675 90960406 18783791 46168951 72176615 10692607 11646728 61408148 94359404 1743416 7041956 400686 1457910 31606702 57619660 470350 425557 34221154 66545083 X 44400 44915 27142594 27769406 27186994 27814321 61408148 94359404 X 0 627327 X false false 87569 87569 2810737 1456340 1354397 88062100 17327451 70734649 72176615 INVESTMENTS IN ASSOCIATED ORGA 10608066 C OTHER INVESTMENTS 555155 C SUBORDINATED CERTIFICATES 483507 C 11646728 OTHER CURRENT LIABILIITES 425557 425557 X SCHEDULE D, PAGE 3, PART X MANAGEMENT HAS EVALUATED THE COOPERATIVE'S TAX POSITIONS AND CONCLUDED THAT THE COOPERATIVE HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCAIL STATEMENTS. WHILE THE COOPERATIVE BELIEVES IT HAS ADEQUATELY PROVIDED FOR ALL TAX POSITIONS, AMOUNTS ASSERTED BY TAXING AUTHORITIES COULD BE DIFFERENT THAN THE POSITIONS TAKEN BY THE COOPERATIVE. THE COOPERATIVE RECOGNIZES ANY INTEREST AND PENALTIES ASSESSED BY TAXING AUTHORITIES IN INCOME TAX EXPENSE AND, WITH FEW EXCEPTIONS, IS NO LONGER SUBJECT TO FEDERAL, STATE, OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2019. X false false false RONALD SIMMONS CREW FOREMAN 106030 68569 27221 201820 JOSH BERNING SENIOR LINEMAN 100914 48065 19561 168540 KELLY ECK JOURNEYMAN LINEMAN 108010 28361 27221 163592 BRIAN HUBBARD DIRECTOR 3660 10 3670 FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE IS A NOT-FOR-PROFIT MEMBERSHIP ORGANIZATION WHOSE MEMBERS HAVE IDENTICAL VOTING RIGHTS IN ACCORDANCE WITH THE COOPERATIVE'S BYLAWS. FORM 990, PAGE 6, PART VI, LINE 7A ALL BOARD MEMBERS ARE ELECTED BY THE MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 7B MEMBERS MUST APPROVE ALL CHANGES TO THE BYLAWS, AS WELL AS THE SALE OF A SUBSTANTIAL AMOUNT OF ASSETS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANACIAL AND ADMINISTRATIVE MANAGER AND GENERAL MANAGER; THEN SIGNED AND FILED. THE FILED 990 AND 990-T ARE REVIEWED BY THE BOARD AT THE NEXT BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 12C NO KNOWN CONFLICTS OF INTEREST HAVE BEEN DISCOVERED. IF THERE HAD BEEN CONFLICTS, THE ORGANIZATION WOULD HAVE AN APPROPRIATE REVIEW, AND ACTION WOULD BE TAKEN IF NECESSARY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD, IN EXECUTIVE SESSION, DETERMIENS THE TOP OFFICIALS COMPENSATON. THE BOARD THEN RECORDS THE DECISION IN THE MINUTES AND LATER APPROVES THE MINUTES. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD, IN EXECUTIVE SESSION, DETERMIENS ALL NON-UNION MANAGEMENT PERSONNEL'S COMPENSATON. THE BOARD THEN RECORDS THE DECISION IN THE MINUTES AND LATER APPROVES THE MINUTES. FORM 990, PAGE 6, PART VI, LINE 19 BYLAWS ARE OFFERED TO ALL NEW MEMBERS. ALL OTHER DOCUMENTS ARE AVAILABLE AT ANY TIME UPON REQUEST OR CAN BE FOUND ON THE COOPERATIVE'S WEBSITE. FORM 990, PART X FORM 990, PART IX, LINE 4 THE INSTRUCTIONS TO THE 2022 FORM 990 INDICATE THAT ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(12) SHOULD REPORT "PATRONAGE DIVIDENDS PAID" TO THEIR MEMBERS IN PART IX, LINE 4 OF THE FORM 990. THE COOPERATIVE HAS INTERPRETED THE WORDS "PATRONAGE DIVIDENDS PAID" IN THE INSTRUCTIONS TO MEAN MARGINS THAT ARE ASSIGNED OR ASSIGNABLE TO THE MEMBERS. THE COOPERATIVE ASSIGNS THE NET MARGINS TO ITS MEMBERS EACH YEAR. THEREFORE, THE AMOUNT LISTED IN PART IX, LINE 4 REPRESENTS THE NET MARGINS ASSIGNABLE TO THE MEMBERS FOR THE CALENDAR YEAR ENDED DECEMBER 31, 2022. FORM 990, PART XI, LINE 9 CURRENT YEAR MARGINS ASSIGNED TO MEMBERS 1,503,336 CHANGE IN MEMBERSHIP 515 OTHER CHANGES 341,667 RETIREMENT OF CAPITAL CREDITS -1,218,191 TOTAL 627,327 SOEC TECHNOLOGIES LLC PO BOX 111 EL DORADO SPRINGS MO 64744 FIBER OPTI MO -265 62208 SAC-OSAGE