2025-05-30T10:49:57-07:00 2024-12-31 990 2024-01-01 750628787 UPSHUR-RURAL ELECTRIC COOPERATIVE CORPORATION UPSH 9038432536 PO Box 70 Gilmer TX 75644 Robert Walker CEO 9038432536 2025-04-30 1 2024 2025-03-06 01:10:19Z Robert A Walker Jr PO Box 70 Gilmer TX 75644 110661850 0 X http://www.urecc.coop X 1937 TX URECC provides affordable, reliable electric energy consistent with sound economy, safety, and quality management to our members and the communities we serve. 9 9 139 0 0 0 0 0 115069589 108642008 117239 105231 2045189 1879450 117232017 110626689 0 0 4121373 1957367 4014029 4350738 0 0 0 109096615 104318584 117232017 110626689 0 0 275191438 281280488 146649114 152329464 128542324 128951024 URECC provides affordable, reliable electric energy consistent with sound economy, safety, and quality management to our members and the communities we serve. 0 0 110626689 0 108642008 URECC provides affordable, reliable electric energy consistent with sound economy, safety, and quality management to our members and the communities we serve. 0 0 0 110626689 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 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 0 0 0 1 118 0 1 139 1 0 0 0 0 0 108642008 2019842 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X Robert A Walker Jr 9038432536 1200 W Tyler St Gilmer TX 75644 Robert A Walker Jr Chief Executive Officer 50 X 314189 0 86499 Damon G Means Chief Financial Officer 45 0 X 177194 0 56011 John Douglas Murphy Chief Operating Officer 45 0 X 170447 0 58030 Melissa D Reeves Chief Business Officer 45 0 X 176318 0 52030 Clayton Harris Substation Foreman 58.52 0 X 166604 0 43439 Patrick Gordon Crew Foreman 53.35 0 X 153937 0 47189 Billy J Schuler Serviceman 58 0 X 158205 0 42186 Dakota Dudley Crew Foreman 57.57 0 X 160899 0 35595 Martin E Aguillon Serviceman 66.16 0 X 166964 0 20329 Frankie B King President, Board of Directors 6.61 0 X X 25500 0 0 Samuel Rex Youngblood Assistant Secretary-Treasurer, Board of Directors 4.6 0 X X 24200 0 0 Jonathan Hunt Director 8.98 0 X 23500 0 0 Robert A Branham Vice-President, Board of Directors 5.17 0 X X 23100 0 0 Sherry Morgan Secretary-Treasurer, Board of Directors 1.85 0 X X 21900 0 0 R Cody Newman Director 8.7 0 X 21500 0 0 Henry Jackson Director 3.66 0 X 19900 0 0 J P Abernathy Director 4.23 0 X 19800 0 0 Charles H Whiteside Director 2.43 0 X 16550 0 0 1840707 0 441308 38 0 1 0 Harris Line Service PO Box 7165 Longview TX 75607 ROW Services 3638593 Northeast Texas Power LTD PO Box 559 Cumby TX 75433 Power Line Construction 620889 REI Utility Services LLC PO Box 1070 Athens TX 75751 Pole Attachment Services 452335 Holland & Knight LLP PO Box 936937 Atlanta GA 31193 Legal Services 439946 Ramirez Tree Services Inc PO Box 1975 Athens TX 75751 ROW Services 358531 8 0 Sale of Electricity to Members 221122 108642008 108642008 0 0 0 0 0 0 108642008 90250 0 0 90250 0 0 0 0 0 0 0 0 0 179823 0 0 0 179823 179823 0 0 179823 0 50142 0 35161 0 14981 14981 14981 0 0 Other Capital Credit & Patronage 221122 1699627 1699627 0 0 0 0 0 0 1699627 110626689 110356616 0 270073 0 0 0 0 0 0 1957367 1957367 2282015 2282015 0 0 0 0 0 0 0 0 0 0 2068723 2068723 0 0 0 0 0 0 0 0 0 0 0 0 0 0 434641 434641 0 0 28211 28211 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5889490 5889490 0 0 0 0 0 0 11537817 11537817 0 0 0 0 0 0 Cost of Power 72382301 72382301 0 0 Transmission & Distribution Expense 11009859 11009859 0 0 Consumer Accounts Expense 2123762 2123762 0 0 Administrative & General Expense 270488 270488 0 0 642015 642015 0 0 110626689 110626689 0 0 882908 1786355 100000 0 0 0 12002956 11295751 0 0 0 0 0 0 3409373 1924835 1563026 817789 353732549 130137089 216785546 223595460 0 0 0 0 40430640 41843309 0 0 16989 16989 275191438 281280488 45760013 44328545 0 0 0 0 0 0 0 0 0 0 92495181 98405918 0 0 8393920 9595001 146649114 152329464 X 0 0 0 0 128542324 128951024 128542324 128951024 275191438 281280488 X 0 0 0 0 0 408700 X 0 1 X 1 0 0 86594 86594 0 6501654 3900301 2601353 0 0 0 0 0 14465974 9713423 4752551 0 332678327 116523365 216154962 223595460 Investment in Associated Organizations-Patronage Capital 40089640 C Investment in Associated Organizations-Memberships, Capital Term Certificates 1753669 C 41843309 0 Obligations under Capital Leases-Noncurrent 873027 Accumulated Operating Provisions-Asset Retirement Obligations 3413084 Consumer Deposits 3433722 Current Maturities Capital Leases 299777 Deferred Credits 1575391 9595001 110626689 0 0 0 0 0 110626689 0 0 0 110626689 108669322 0 0 0 0 0 108669322 0 1957367 1957367 110626689 Schedule D, Part XII, Line 4b These are our 2024 margins, which are allocated back to our members. 0 0 0 Robert A Walker Jr Chief Executive Officer 304151 0 10038 0 0 0 68235 0 18264 0 400688 0 0 0 Melissa D Reeves Chief Business Officer 168928 0 7390 0 0 0 39949 0 12081 0 228348 0 0 0 Damon G Means Chief Financial Officer 156545 0 20649 0 0 0 37747 0 18264 0 233205 0 0 0 John Douglas Murphy Chief Operating Officer 155360 0 15087 0 0 0 39766 0 18264 0 228477 0 0 0 Martin E Aguillon Serviceman 165718 0 1246 0 0 0 20329 0 0 0 187293 0 0 0 Clayton Harris Substation Foreman 163062 0 3542 0 0 0 25175 0 18264 0 210043 0 0 0 Dakota Dudley Crew Foreman 157517 0 3382 0 0 0 21214 0 14381 0 196494 0 0 0 Billy J Schuler Serviceman 152214 0 5991 0 0 0 23922 0 18264 0 200391 0 0 0 Patrick Gordon Crew Foreman 143417 0 10520 0 0 0 25171 0 22018 0 201126 0 0 0 Form 990, Part I, Line 14 Yearly margins that are allocated back to our members. Form 990, Part VI, Section A, Line 6 Not-for-Profit organization with members. All members are of the same class. Form 990, Part VI, Section A, Line 7a Members have the right to elect members of the governing body periodically, or as vacancies arise. Form 990, Part VI, Section A, Line 7b Members have the right to approve or ratify decisions of the governing body, such as approving the governing body's election. Form 990, Part VI, Section B, Line 11b The governing body reviews the Form 990 before it is filed. Form 990, Part VI, Section B, Line 12c The governing body reaffirms the policy annually. Form 990, Part VI, Section B, Line 15 The governing body sets the salary of the CEO annually using comparable data. Form 990, Part VI, Section C, Line 19 These documents are available for inspection at the office of the organization. Form 990, Part XI, Line 9 2024 Margins allocated back to our members $1,957,367 less Retirement of Patronage Capital -$1,003,564 less the change in Comprehensive Income as a result of SFAS #106 -$545,103. It was ready a month early, but I failed to submit.