2022-06-27T11:18:49-05:00 2021-12-31 731293012 BRISCOE BURKE & GRIGSBY LLP 4120 E 51ST STREET TULSA OK 741353639 990 2021-01-01 440371025 NEW MAC ELECTRIC COOPERATIVE INC NEWM 4174511515 PO BOX 310 NEOSHO MO 64850 BILLY WHITE PRESIDENT 4174511515 2022-06-16 true WILLIAM WHITE XXX-XX-XXXX MICHAEL K BURKE CPA P00054433 9187498337 2022-06-16 2021 2022-09-23 18:48:47Z STANLEY IRSIK 12129 WILDLIFE RD NEOSHO MO 64850 46441382 false X WWW.NEWMAC.COM X 1939 MO TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. 9 9 65 0 0 45193309 45707848 -265099 157312 168896 96887 45097106 45962047 0 6106592 6127839 1335497 1215598 0 0 37654888 38618610 45096977 45962047 129 0 132000152 135294797 57340832 56140044 74659320 79154753 TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. false false PROVIDED ELECTRICITY TO OUR MEMBERS - 18,747 ACTIVE SERVICES AT YEAR-END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS AND WERE ALLOCATED PATRONAGE CAPITAL. false false false 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 true false false true 4 0 true 65 true false false false false false 43797848 1116134 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 STANLEY IRSIK 4174511515 PO BOX 310 NEOSHO MO 64850 X STANLEY IRSIK CEO/GM 40.00 0.00 X 189345 0 66764 KENNETH HICKMAN LINEMAN 52.00 0.00 X 134107 0 31810 DONALD CRITES SYSTEM ENGIN 40.00 X 110932 0 51425 BOBBY HARRIS LINEMAN 50.00 0.00 X 126104 0 34312 DARREN PIERCE LINEMAN 52.00 X 125186 0 33432 BOBBY CLARK LINEMAN 52.00 X 123076 0 33258 ALBERT KENNEDY DIRECTOR 4.00 X 41763 0 0 MAURICE MAILES DIRECTOR 4.00 0.00 X 41610 0 0 JASON RUDDICK DIRECTOR 4.00 0.00 X 34409 0 0 BRUCE YOUNGBLOOD DIRECTOR 4.00 0.00 X 16340 0 0 PAUL SPRENKLE DIRECTOR 4.00 0.00 X 11603 0 0 BILLY WHITE PRESIDENT 5.00 0.00 X 3574 0 0 TIM SHORT DIRECTOR 4.00 X 2630 0 0 JAMEY COPE DIRECTOR 4.00 0.00 X 2221 0 0 LINDA POOR DIRECTOR 4.00 0.00 X 1698 0 0 964598 251001 22 false true false ASPLUNDH TREE EXPERT CO PO BOX 827464 PHILADELPHIA PA 19182 RIGHT OF WAY 1326233 ARKANSAS ELECTRIC COOPERATIVE PO BOX 190257 LITTLE ROCK AR 72219 RIGHT OF WAY 1300178 POWER LINE CONSULTANTS LLC 614 WAL MART DR FARMINGTON MO 63640 CONSTRUCTION 321242 NATIONAL INFORMATION SOLUTIONS P O BOX 1147 MANDAN ND 58554 SOFTWARE SERVIC 263888 MOHAWK ELECTRIC LLC 13960 PALM ROAD NEOSHO MO 64850 RIGHT OF WAY 232956 5 SALES OF ELECTRICITY 221000 43781738 43781738 PATRONAGE DIVIDENDS 221000 1910000 1910000 SERVICE FEES 221000 16110 16110 45707848 126525 126525 103593 103593 103593 103593 54987 24200 30787 30787 30787 448429 455135 -6706 -6706 45962047 45707848 254199 6127839 411957 803641 1950861 3597660 COST OF POWER 24511080 TRANSMISSION & DISTRIBUTI 6702410 CONSUMER EXPENSE 1620448 GENERAL & ADMINISTRATIVE 202766 33385 45962047 0 0 0 X 938068 918594 8145000 8700000 4487320 4270586 939934 1329883 198489 402595 128678672 33756031 93061366 94922641 23849662 24306449 380313 444049 132000152 135294797 6135141 6424399 49151607 47895792 2054084 1819853 57340832 56140044 X 320000 327105 1154084 1258190 73185236 77569458 74659320 79154753 132000152 135294797 X 0 4495433 X false true X true false 71548 71548 4135357 1529552 2605805 124471767 32226479 92245288 94922641 INVESTMENTS IN ASSOCIATED 24271729 C OTHER INVESTMENTS 34202 C UNBILLED REVENUE 518 C 24306449 CONSUMER DEPOSITS 889162 CUSTOMER ADVANCES FOR CONSTRUCTION 385333 ACCUM. POST-RETIREMENT BENEFIT OBLIG 384749 OTHER DEFERRED CREDITS 160609 1819853 X 45962047 45962047 45962047 39834059 39834059 6127988 6127988 45962047 SCHEDULE D, PAGE 3, PART X THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. SIGNIFICANT REQUIREMENTS OF THESE STATUTES PROVIDE THAT AT LEAST 85 PERCENT OF INCOME CONSISTS OF AMOUNTS COLLECTED FROM MEMBERS FOR THE SOLE PURPOSE OF MEETING LOSSES AND EXPENSES. SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE DIVIDENDS - ALLOCATED 6,127,988 X X X false false false STANLEY IRSIK CEO/GM 183603 5742 28861 37903 256109 KENNETH HICKMAN LINEMAN 133873 234 11836 19974 165917 DONALD CRITES SYSTEM ENGINEER 110733 199 14395 37030 162357 BOBBY HARRIS LINEMAN 125433 671 14316 19996 160416 DARREN PIERCE LINEMAN 124860 326 13569 19863 158618 BOBBY CLARK LINEMAN 122963 113 13414 19844 156334 FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS FORM 990, PAGE 6, PART VI, LINE 7A EACH MEMBER MAY CAST ONE VOTE IN EACH DIRECTOR ELECTION. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN SPECIFIC ACTIONS ARE SUBJECT TO MEMBERSHIP APPROVAL. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS TO BE APPROVED AT THE MEETING OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C ALL DIRECTORS AND KEY EMPLOYEES MUST FILL OUT CONFLICT OF INTEREST STATEMENTS. FORM 990, PAGE 6, PART VI, LINE 15A ORGANIZATION UTILIZES SALARY AND WAGE STUDIES FROM INDUSTRY ORGANIZATIONS AND CONSULTANTS AS NECESSARY TO DETERMINE COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 15B ORGANIZATION UTILIZES SALARY AND WAGE STUDIES FROM INDUSTRY ORGANIZATIONS AND CONSULTANTS AS NECESSARY TO DETERMINE COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST FORM 990, PART VII FORM 990, PART IX: THE COOPERATIVE'S ACCOUNTING RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS REQUIRED BY ITS REGULATORY AGENCY. THE UNIFORM SYSTEM OF ACCOUNTS DOES NOT RECORD EXPENSES IN THE EXPENSE CATEGORIES PROVIDED ON PART IX LINES 1-23. THEREFORE, OTHER EXPENSES LINE 24 INCLUDES EXPENSES THAT ARE DESCRIBED IN LINES 1-23, BUT REPORTED USING THE UNIFORM SYSTEM OF ACCOUNTS. FORM 990, PART X FORM 990, PART IX: FOR THE AUDITED FINANCIAL STATEMENTS, THE AMOUNT OF PATRONAGE DIVIDENDS PAID OR ALLOCATED TO THE MEMBERS IS REPORTED AS AN INCREASE IN EQUITY AND NOT AS AN EXPENSE. THEREFORE, NET INCOME PER THE AUDITED FINANCIAL STATEMENTS IS REPORTED GROSS OF THE AMOUNT OF PATRONAGE DIVIDENDS THAT ARE EITHER ALLOCATED OR TO BE ALLOCATED AT THE TIME THE AUDITED FINANCIAL STATEMENTS ARE PREPARED. HOWEVER, BECAUSE THE ALLOCATION OF PATRONAGE DIVIDENDS IS ONE ASPECT OF HOW THE COOPERATIVE FULFILLS ITS TAX EXEMPT PURPOSE OF OPERATING ON A COOPERATIVE BASIS, THE AMOUNT OF PATRONAGE DIVIDENDS EITHER ALLOCATED OR TO BE ALLOCED TO THE MEMBERS IS REPORTED ON FORM 990, PART IX, LINE 4 AS "BENEFITS PAID TO MEMBERS." PATRONAGE DIVIDENDS ARE ALLOCATED ON A PATRONAGE BASIS AND DONE SO PURSUANT TO A PRE-EXISTING OBLIGATION AS PROVIDED FOR IN THE "NON-PROFIT OPERATION" ARTICLE OF THE COOPERATIVE'S BYLAWS. FORM 990, PART XI, LINE 9 INCREASE IN MEMBERSHIPS 7,105 INCREASE IN OCI 23,815 INCREASE IN OTHER EQUITIES 104,106 ALLOCATED PATRONAGE DIVIDENDS 6,127,988 RETIREMENT OF CAPITAL CREDITS -1,767,581 TOTAL 4,495,433 CENTURY COMMUNICATIONS INC PO BOX 310 NEOSHO MO 64850 431435661 COMMUNIC. MO NEW-MAC C CORP 149 false false false false false false false false false false false false false false false false false false false false