2023-11-13T09:59:44-06:00 2022-12-31 450250958 EIDE BAILLY LLP 345 N REID PL STE 400 SIOUX FALLS SD 571037034 990 2022-01-01 814078510 FREESTATE ELECTRIC COOPERATIVE INC FREE 7854783444 1100 SW AUBURN ROAD TOPEKA KS 666151426 CHRISTOPHER S PARR CEO 7854783444 2023-11-06 1 CHRISTOPHER PARR 999009999 0 LAURIE HANSON CPA P00851848 6053391999 2023-11-06 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRISTOPHER S PARR 1100 SW AUBURN ROAD TOPEKA KS 666151426 47202536 0 X WWW.FREESTATE.COOP X 2017 KS PROVIDE ELECTRIC POWER AND RELATED SERVICES TO MEMBERS 9 9 94 0 0 0 0 0 43420893 46683659 84777 296704 -298 37690 43505372 47018053 3541 7197 627830 1119427 931445 764316 0 0 0 41942556 45127113 43505372 47018053 0 0 115006207 121824539 70235961 76193031 44770246 45631508 TO PROVIDE RELIABLE ELECTRIC POWER AND RELATED SERVICES TO OUR MEMBERS AT THE MOST AFFORDABLE COST. 0 0 PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 15,576 MEMBERS. 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 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 29 0 1 94 1 0 0 0 0 0 0 0 47319862 698798 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MICHELLE KIPPES-MEYER 7854783444 1100 SW AUBURN ROAD TOPEKA KS 666151426 X RALPH PHILLIPS TRUSTEE 3.00 X 12661 0 0 ROBERT SAGE TRUSTEE 2.90 X 9866 0 0 DON MONTGOMERY SECRETARY 2.20 X X 13116 0 0 LARRY BUTEL TREASURER 2.80 X X 10416 0 0 MARK WULFKUHLE VICE PRESIDENT 2.30 X X 8441 0 0 HARLAN HUNT TRUSTEE UNTIL 04/2022 2.00 X 2402 0 0 BILL CONLEY TRUSTEE 1.90 X 8716 0 0 JEANINE MURPHY PRESIDENT 2.70 X X 9716 0 0 MATT TURECEK TRUSTEE 2.10 X 7616 0 0 KAROL LOHMAN TRUSTEE FROM 04/2022 2.50 X 6909 0 0 CHRISTOPHER PARR CEO 44.40 X 221420 0 79983 JILL TAGGART FINANCE MANAGER 42.30 X 125512 0 61718 STEVEN FOSS CEO UNTIL 02/2022 41.00 X 154175 0 113080 ZACHARY STERLING OPERATIONS MANAGER 44.80 X 132273 0 98900 MICHELLE KIPPES-MEYER ACCOUNTING MANAGER 40.30 X 124938 0 76461 KYLE HALLGREN JOURNEYMAN LINEMAN 52.90 X 134570 0 49163 BRENT EDGECOMB IT & ENGINEERING MANAGER 42.80 X 120893 0 44967 RYAN COATES PROCUREMENT & INVENTORY MANAGER 40.90 X 123247 0 35664 1226887 0 559936 28 0 1 0 ELECTRICOMM INC PO BOX 8324 TOPEKA KS 66608 REPAIRS, SUBSTATION MAINT., ENGINEERING, 623896 KENDALL CONSTRUCTION INC 2551 NW BUTTON RD TOPEKA KS 66618 TOPEKA OFFICE ROOF & WAREHOUSE ROOF, LAB 329496 NAT'L INFORMATION SOLUTIONS COOPERATIVE PO BOX 1147 MANDAN ND 58554 SOFTWARE MAINTENANCE & SUPPORT 299631 KANSAS ELECTRIC COOPERATIVE INC 7332 SW 21ST ST TOPEKA KS 66604 STATE WIDE ASSOC., APPARATUS TESTING, MO 271976 KANSAS FENCING INC 620 NW GORDON TOPEKA KS 66608 NEW FENCING AT TWO SOLAR SITES 254756 5 SALE OF ELECTRICITY 221000 44045213 44045213 CONTRACT REVENUES 221000 2279982 2279982 OTHER COOPERATIVE CAPITAL CREDITS 221000 358464 358464 46683659 78831 78831 385442 167569 217873 217873 217873 18479 16914 1565 1565 NONOPERATING REVENUE 900099 36125 36125 36125 47018053 46721349 0 296704 X 7197 1119427 764316 2027881 4986893 COST OF POWER 26288126 ADMINISTRATIVE AND GENE 4085204 DISTRIBUTION - OPERATIO 3207945 DISTRIBUTION - MAINTENA 3041224 1489840 47018053 69957 188392 4938364 5848226 4867888 5920913 55940 20475 3014642 3803310 43173 210652 141344653 48096953 91566604 93247700 1001872 974154 7445697 7638913 2002070 3971804 115006207 121824539 4293158 4630948 13457 17765 55825119 58115413 10104227 13428905 70235961 76193031 X 0 0 0 0 44770246 45631508 44770246 45631508 115006207 121824539 X 0 861262 X 0 1 X 1 0 0 1 X 527928 527928 8239151 5884490 2354661 129060966 42212463 86848503 3516608 3516608 93247700 KANSAS ELECTRIC POWER COOPERATIVE 5943250 C KANSAS ELECTRIC COOPERATIVE 130464 C FEDERATED INSURANCE 226267 C COBANK 633873 C CFC 520456 C NISC 174976 C OTHER INVESTMENTS IN ASSOCIATED ORGANIZATIONS 9627 C 7638913 DEFERRED CREDITS 10865310 FINANCE LEASE LIABILITY 298454 OPERATING LEASE LIABILITY 2265141 13428905 X 47018053 0 47018053 0 47018053 45898626 0 45898626 1119427 1119427 47018053 PART IV, LINE 2B: THE COOPERATIVE HOLDS FUNDS THAT ARE COLLECTED FROM MEMBERS FOR FREESTATE COMMUNITY FOUNDATION. THE FUNDS ARE DISBURSED TO THE FOUNDATION AS REQUESTED BY THE FOUNDATION. PART X, LINE 2: IN CONFORMITY WITH ITS BY-LAWS, THE COOPERATIVE CONDUCTS ITS OPERATIONS ON A COOPERATIVE BASIS. ANNUAL REVENUE, IN EXCESS OF THE COST OF PROVIDING SERVICE, IS ALLOCATED IN THE FORM OF CAPITAL CREDITS TO THE MEMBERS' CAPITAL ACCOUNTS ON THE BASIS OF PATRONAGE. THE COOPERATIVE HAS A LETTER OF EXEMPTION FROM FEDERAL INCOME TAX, ISSUED BY THE INTERNAL REVENUE SERVICE AND FILES IRS FORM 990 ANNUALLY. AN EVALUATION OF WHETHER 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 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, AND LOCAL INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2019. PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATION OF 2022 MARGINS TO MEMBERS IN 2023 1,119,427. X X 0 0 0 CHRISTOPHER PARR CEO 221420 0 0 0 0 0 50488 0 31557 0 303465 0 0 0 STEVEN FOSS CEO UNTIL 02/2022 0 0 0 0 154175 0 89405 0 23956 0 267536 0 0 0 ZACHARY STERLING OPERATIONS MANAGER 130273 0 2000 0 0 0 70155 0 30215 0 232643 0 0 0 MICHELLE KIPPES-MEYER ACCOUNTING MANAGER 122938 0 2000 0 0 0 46337 0 31533 0 202808 0 0 0 JILL TAGGART FINANCE MANAGER 123512 0 2000 0 0 0 32974 0 30150 0 188636 0 0 0 KYLE HALLGREN JOURNEYMAN LINEMAN 134570 0 0 0 0 0 19788 0 30401 0 184759 0 0 0 BRENT EDGECOMB IT & ENGINEERING MANAGER 118893 0 2000 0 0 0 24009 0 22232 0 167134 0 0 0 RYAN COATES PROCUREMENT & INVENTORY MANAGER 116747 0 6500 0 0 0 9606 0 27334 0 160187 0 0 0 SCHEDULE J, PART II, COLUMN C INCLUDED IN COLUMN C IS THE CHANGE IN ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN FOR EACH PARTICIPANT RATHER THAN THE ACTUAL CONTRIBUTION PAID TO THE PLAN. CHRISTOPHER PARR CHANGE IN ACTUARIAL VALUE: 44,145 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $42,522 ZACHARY STERLING CHANGE IN ACTUARIAL VALUE: $66,411 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $30,237 MICHELLE KIPPES-MEYER CHANGE IN ACTUARIAL VALUE: $42,743 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $29,052 STEVEN FOSS CHANGE IN ACTUARIAL VALUE: $88,900 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $5,820 KYLE HALLGREN CHANGE IN ACTUARIAL VALUE: $17,120 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: 21,087 RYAN COATES CHANGE IN ACTUARIAL VALUE: 8,237 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: 10,973 BRENT EDGECOMB CHANGE IN ACTUARIAL VALUE: $20,603 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $26,260 JILL TAGART CHANGE IN ACTUARIAL VALUE: $29,396 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $28,917 FORM 990, PART VI, SECTION A, LINE 6 FREESTATE ELECTRIC COOPERATIVE, INC. IS A NOT-FOR-PROFIT MEMBERSHIP ORGANIZATION WHOSE MEMBERS HAVE IDENTICAL VOTING RIGHTS AND ARE ASSIGNED MARGINS IN ACCORDANCE WITH THE COOPERATIVE'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A ALL BOARD MEMBERS ARE ELECTED AND VOTED ON BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE BYLAWS AND APPROVAL OF THE BYLAWS ARE VOTED ON BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE COOPERATIVE REVIEWS THE CURRENT YEAR FORM 990 AND THEN EMAILS THE FORM TO THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THERE IS A BOARD POLICY FOR TRUSTEES AND AN EMPLOYEE POLICY FOR EMPLOYEES. EACH ARE COVERED RESPECTIVELY IN THOSE SEPARATE POLICIES. TRUSTEES AND EMPLOYEES HAVE A DUTY TO NOTIFY EXECUTIVE MANAGEMENT OF ANY CONFLICTS OF INTEREST. IF ONE DOES NOT NOTIFY AND IT IS DISCOVERED, DISCIPLINARY ACTION CAN BE TAKEN. CONFLICTS ARE REVIEWED AT THE EXECUTIVE MANAGEMENT (CEO) LEVEL, AND RESTRICTIONS IMPOSED ARE DETERMINED BY THE BOARD FOR A TRUSTEE AND BY EXECUTIVE MANAGEMENT FOR AN EMPLOYEE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DETERMINES THE MANAGER'S COMPENSATION, AS WELL AS THE OTHER OFFICERS' SALARIES, THROUGH THIRD PARTY SURVEYS AND COMPARISONS TO LIKE UTILITY COMPANIES. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS ARE OFFERED TO ALL NEW MEMBERS. ALL OTHER DOCUMENTS ARE AVAILABLE AT ANY TIME UPON REQUEST AT THE COOPERATIVE OFFICE AND ON THE COOPERATIVE'S WEBSITE. FORM 990, PART VII, COLUMN F, OTHER COMPENSATION INCLUDED IN OTHER COMPENSATION IS THE ESTIMATED CURRENT YEAR INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN FOR THE CEO/GENERAL MANAGER, MANAGERS, AND HIGHEST COMPENSATED EMPLOYEES. THE CURRENT YEAR INCREASE OR DECREASE DOES NOT REPRESENT CURRENT YEAR CONTRIBUTIONS TO THE PLAN. RATHER, IT IS AN ESTIMATE OF THE INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE PLAN AS CALCULATED BY THE PLAN ADMINISTRATOR. FORM 990, PART IX, LINE 4, BENEFITS PAID TO OR FOR MEMBERS THE COOPERATIVE HAS INTERPRETED THE INSTRUCTIONS TO PART IX, LINE 4, TO MEAN PATRONAGE CAPITAL ALLOCATED FOR THE YEAR, RATHER THAN PATRONAGE CAPITAL RETIRED. THIS IS CONSISTENT WITH THE BY-LAWS OF THE COOPERATIVE. FORM 990, PART XI, LINE 9: ALLOCATION OF 2022 MARGINS TO MEMBERS IN 2023 1,119,427. RETIREMENT OF CAPITAL CREDITS -258,165. FREESTATE COMMUNITY FOUNDATION INC PO BOX 309 MCLOUTH KS 66054 320535922 DISTRIBUTE MONEY COLLECTED TO WORTHWHILE CHARITABLE AND EDUCATIONAL PURPOSES KS 501(C)(3) PF N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0