2023-11-01T12:14:27-04:00 2022-12-31 743040374 KELSO LYNCH PC PA 6700 SQUIBB RD STE 215 MISSION KS 662023252 990 2022-01-01 440156103 ATCHISON-HOLT ELECTRIC COOPERATIVE ATCH 6607445344 PO BOX 160 ROCK PORT MO 64482 KEVIN P DECHANT GENERAL MANAGER/CEO 6607445344 2023-10-27 true KEVIN P DECHANT 999009999 false THOMAS F HANCOCK CPA P00501575 9138311150 2023-11-01 2022 2023-04-26 12:10:37Z KEVIN P DECHANT 10788403 false X WWW.AHEC.COOP X 1938 MO ATCHISON-HOLT ELECTRIC COOPERATIVE IS DEDICATED TO PROVIDING OUR MEMBERS WITH A RELIABLE, COMPETITIVELY PRICED, HIGH QUALITY SUPPLY OF ELECTRIC ENERGY, WHILE ADHERING TO COOPERATIVE PRINCIPLES AND STRIVING TO IMPROVE THE QUALITY OF LIFE FOR ALL MEMBERS THROUGH A HIGHLY TRAINED, EFFICIENT STAFF. 9 9 16 0 386934 0 10007681 10533860 98350 213836 31349 40707 10524314 10788403 0 1919231 1531351 1234998 1443700 0 0 7370085 7813352 10524314 10788403 0 34406710 36164975 22027835 23473782 12378875 12691193 X ATCHISON-HOLT ELECTRIC COOPERATIVE IS DEDICATED TO PROVIDING OUR MEMBERS WITH A RELIABLE, COMPETITIVELY PRICED, HIGH QUALITY SUPPLY OF ELECTRIC ENERGY, WHILE ADHERING TO COOPERATIVE PRINCIPLES AND STRIVING TO IMPROVE THE QUALITY OF LIFE FOR ALL MEMBERS THROUGH A HIGHLY TRAINED, EFFICIENT STAFF. false false ATCHISON-HOLT ELECTRIC COOPERATIVE IS A MEMBER-OWNED ELECTRIC UTILITY PROVIDING APPROXIMATELY 3,800 SERVICES TO APPROXIMATELY 2,500 MEMBERS. UTILIZING OVER 1,290 MILES OF LINE, ATCHISON-HOLT ELECTRIC COOPERATIVE SERVES ITS MEMBERS IN PARTS OF MISSOURI AND IOWA. false false true false false false false false false true false true false true true 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 false false false true 20 0 true 16 true false false false false false 10562049 510045 false false false X 9 9 false false false false true true true true true false false false true true true false false true true false X KEVIN DECHANT 6607445344 PO BOX 160 ROCK PORT MO 64482 KEVIN P DECHANT GENERAL MANA 55.00 X 205076 0 143707 MICHAEL L DAUGHERTY LINE SUPERIN 40.00 X 117714 0 107804 KEVIN R CLARK CFO 55.00 X 128228 0 75494 JOEY R BRADLEY FOREMAN 42.00 X 105657 0 57680 BROCK E DAVIS FOREMAN 42.00 X 108226 0 40888 TYLER W HEITS JOURNEYMAN L 43.00 X 101453 0 41945 GALEN R HUNTER JOURNEYMAN L 42.00 X 103768 0 37260 JAMES CRAWFORD DIRECTOR 2.77 X 12000 0 0 LARRY LAUMAN SECRETARY 3.25 X 11600 0 0 DAVID FREDE TREASURER 2.56 X 8400 0 0 HUGH WALLACE VICE PRESIDE 1.48 X 7600 0 0 NANCY DAUGHERTY DIRECTOR 1.68 X 7200 0 0 CRAIG HEITS DIRECTOR 1.23 X 6000 0 0 DUANE KLUTE PRESIDENT 2.27 X 6000 0 0 MARVIN GUBSER DIRECTOR 1.25 X 5600 0 0 DENNIS WRIGHT DIRECTOR 0.96 X 4400 0 0 938922 504778 8 false true false IAEC HEALTH CARE 8525 DOUGLAS AVE SUITE 48 DES MOINES IA 50322 HEALTH INS 291152 NRECA PO BOX 207470 DALLAS TX 75320 INS & RETIRE 258492 SUNBELT SOLOMON SERVICES LLC 1922 S MLK DRIVE DALLAS TX 75320 TRANSFORMERS 229998 RS ELECTRIC UTILITY SERVICES PO BOX 842708 KANSAS CITY MO 64184 CONSTRUCTION 205000 TOM'S TREE SERVICE 1313 S MAIN ST ALBIA IA 52531 TREE TRIMMING 122383 5 SALE OF ELECTRICITY 221000 10176553 10176553 CAPITAL CREDITS 221000 333681 333681 MISC ELECTRIC REVENUE 221000 23626 23626 10533860 188336 188336 25500 25500 25500 25500 MISC NON OPERATING 900099 40707 40707 40707 10788403 10600067 188336 X 1531351 621305 822395 524946 822171 COST OF POWER 5137469 DISTRIBUTION EXPENSE 828593 ADMIN & GENERAL 339725 MEMBER SERVICES 160448 10788403 0 0 0 1554721 1106560 741902 862557 86601 233408 137772 64154 31942297 8771165 22314437 23171132 9561995 10717670 9282 9494 34406710 36164975 1030083 1000407 3855140 4732229 17070413 17658447 72199 82699 22027835 23473782 X 528458 596561 11850417 12094632 12378875 12691193 34406710 36164975 X 0 312318 X false true X true false 500 500 true AMECPAC PO BOX 1645 JEFFERSON CITY MO 65102 431441879 500 173851 173851 835197 578066 257131 30933249 8193099 22740150 23171132 OTHER SPECIAL FUNDS 5388733 C INVESTMENT IN ASSOCIATED ORGAN 4990296 C SUBORDINATED CERTIFICATES 338641 C 10717670 ACCUM PENSION/BENEFIT 82699 82699 X 9888403 9888403 900000 900000 10788403 9257052 9257052 1531351 1531351 10788403 SCHEDULE D, PAGE 3, PART X AN EVALUATION OF WHETHER OR NOT IT HAS ANY UNCERTAIN TAX POSITIONS IS DETERMINED ON AN ANNUAL BASIS BY THE COOPERATIVE. 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 COOOPERATIVE RECOGNIZES ANY INTEREST AND PENALTIES IN INCOME TAX EXPENSE AND, WITH FEW EXCEPTIONS, IS NO LONGER SUBJECT TO FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEAR BEFORE 2019. SCHEDULE D, PAGE 4, PART XI, LINE 4B DEFERRED REVENUE 900,000 SCHEDULE D, PAGE 4, PART XII, LINE 4B CURRENT YEAR MARGINS ASSIGNABLE TO MEMBERS 1,531,351 X X false false false KEVIN P DECHANT GENERAL MANAGER/CEO 205076 119378 24329 348783 MICHAEL L DAUGHERTY LINE SUPERINTENDENT 117714 84629 23175 225518 KEVIN R CLARK CFO 128228 55394 20100 203722 JOEY R BRADLEY FOREMAN 105657 34537 23143 163337 FORM 990 - ORGANIZATION'S MISSION ATCHISON-HOLT ELECTRIC COOPERATIVE IS DEDICATED TO PROVIDING OUR MEMBERS WITH A RELIABLE, COMPETITIVELY PRICED, HIGH QUALITY SUPPLY OF ELECTRIC ENERGY, WHILE ADHERING TO COOPERATIVE PRINCIPLES AND STRIVING TO IMPROVE THE QUALITY OF LIFE FOR ALL MEMBERS THROUGH A HIGHLY TRAINED, EFFICIENT STAFF. FORM 990, PAGE 6, PART VI, LINE 6 AS A COOPERATIVE, WE ARE OWNED BY THE MEMBERS WE SERVE. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS VOTE TO ELECT THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B THE COOPERATIVE MAY NOT SELL, LEASE OR OTHERWISE DISPOSE OF, EXCEPT BY MORTGAGE, ALL OR ANY SUBSTANTIAL PORTION OF ITS PROPERTY UNLESS SUCH SALE LEASE OR OTHER DISPOSITION IS AUTHORIZED AT A DULY HELD MEETING OF THE MEMBERS THEREOF BY THE AFFIRMATIVE VOTES OF NOT LESS THAN TWO-THIRDS OF ALL MEMBERS OF THE COOPERATIVE. THE BYLAWS MAY BE ALTERED, AMENDED , OR REPEALED BY THE MEMBERS AT ANY REGULAR OR SPECIAL MEETING, PROVIDED, THE NOTICE OF SUCH MEETING SHALL HAVE CONTAINED A COPY OF THE PROPOSED ALTERATION, AMENDMENT, OR REPEAL. FORM 990, PAGE 6, PART VI, LINE 11B CFO AND GENERAL MANAGER REVIEWS THE FORM FOR REASONABLENESS BEFORE THE RETURN IS FILED. ANY QUESTIONS ARE ADDRESSED BEFORE THE RETURN IS FILED. RETURN IS AVAILABLE FOR BOARD TO REVIEW AND ARE PROVIDED A COPY IF THEY REQUESTED ONE TO REVIEW. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD REVIEWS AND APPROVES THE POLICY ON AN ANNUAL BASIS AND COMPLETES THE DISCLOSURES ON AN ANNUAL BASIS AS WELL. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE PERFORMANCE OF THE GENERAL MANAGER/CEO AND COMPENSATION IS ADJUSTED ACCORDINGLY. FORM 990, PAGE 6, PART VI, LINE 15B THE GENERAL MANAGER ESTABLISHES THE COMPENSATION LEVEL FOR ALL OTHER EMPLOYEES. THE COOPERATIVE'S PAY GRADES AND COMPENSATION ARE COMPETITIVE. PAY GRADES ARE REVIEWED ANNUALLY BY UPPER MANAGMENT AND MAY BE ADJUSTED BY A COMPETITIVE FACTOR AS DETERMINED BY THE RESULTS OF COMPETITIVE MARKET SURVEYS. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE'S GOVERNING DOCUMENTS ARE THE BYLAWS. THE BYLAWS ARE GIVEN TO ALL NEW MEMBERS. THE BYLAWS ARE ALSO MADE AVAILABLE ON OUR WEBSITE AND UPON REQUEST. THE CONFLICT OF INTEREST IS AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE PRESENTED ANNUALLY AT THE MEMBER'S ANNUAL MEETING. THE FINANCIAL STATEMENTS ARE ALSO PUBLISHED ANNUALLY IN OUR MEMBER PUBLICATION. 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 CY MARGINS ASSIGNABLE TO MEMBERS 1,531,351 OTHER CHANGES 63,673 RETIREMENT OF CAPITAL CREDITS -382,706 DEFERRED REVENUE -900,000 TOTAL 312,318