OZARK ELECTRIC COOPERATIVE: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- OZARK ELECTRIC COOPERATIVE (EIN 44-0380405)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-08-10
- IRS object ID
- 202222229349301107
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-08-10T10:34:34-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 440380405 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Ozark Electric Cooperative Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Tori Morris | InCareOfNm |
| Business Name Control | OZAR | BusinessNameControlTxt |
| Phone | 4174662144 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 420 | AddressLine1Txt |
| City | Mount Vernon | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 65712 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TORI MORRIS | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 4174662144 | PhoneNum |
| Signature | 2022-08-10 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TORI | PersonFirstNm |
| Person Last | MORRIS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 1 | TrustedCustomerCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PATRICK OEHLSCHLAGER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 420 | AddressLine1Txt |
| City | Mount Vernon | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 65712 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $65,163,340 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.ozarkelectric.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1937 | FormationYr |
| Legal Domicile State | MO | LegalDomicileStateCd |
| Activity Or Mission | The most significant activity of the organization is the distribution of electricity to members at an affordable rate | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 96 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $58,484,009 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $61,731,946 | CYProgramServiceRevenueAmt |
| PY Investment Income | $99,476 | PYInvestmentIncomeAmt |
| CY Investment Income | $101,933 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,040,191 | PYOtherRevenueAmt |
| CY Other Revenue | $3,228,634 | CYOtherRevenueAmt |
| PY Total Revenue | $61,623,676 | PYTotalRevenueAmt |
| CY Total Revenue | $65,062,513 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $5,607,947 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $6,159,519 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $802,015 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $807,513 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $55,213,714 | PYOtherExpensesAmt |
| CY Other Expenses | $58,095,481 | CYOtherExpensesAmt |
| PY Total Expenses | $61,623,676 | PYTotalExpensesAmt |
| CY Total Expenses | $65,062,513 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $195,899,442 | TotalAssetsBOYAmt |
| Total Assets EOY | $199,707,091 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $105,632,676 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $105,650,692 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $90,266,766 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $94,056,399 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To provide distribution of reliable electricity to members at the lowest possible cost. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $65,062,513 | ExpenseAmt |
| Desc | Ozark Electric purchased electric energy (566,373,479 kWh) and distributed it to 34,342 accounts across 4,861 miles of line, which includes nine counties in Southwest Missouri. The cooperative operates and maintains meters, a mapping system, overhead and underground electric lines, transformers, and security lights (among other equipment) across the entire system. | Desc |
| Total Program Service Expenses | $65,062,513 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 31 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 96 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $59,755,186 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $5,233,951 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Excs Tax Sect4951 Or4952 Or4953 | false | ExcsTaxSect4951Or4952Or4953Ind |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TORI MORRIS | PersonNm |
| Phone | 4174662144 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 420 | AddressLine1Txt |
| City | Mount Vernon | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 65712 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| PATRICK OEHLSCHLAGER | |||||||
| General Manager | 45.00 | Yes (X) | $221,909 | $0 | $178,084 | ||
| KEM HALL | |||||||
| CFO until 33122 | 42.50 | Yes (X) | $86,492 | $0 | $0 | ||
| KENNETH RAMING | |||||||
| Manager Engineering | 45.00 | $165,193 | $0 | $90,167 | Yes (X) | ||
| EARL WILSON | |||||||
| Mgr Oper until 0531 | 50.00 | $119,493 | $0 | $0 | Yes (X) | ||
| VINCENT ROBISON | |||||||
| Construction Foreman | 45.00 | $127,832 | $0 | $51,555 | Yes (X) | ||
| DELANA STOKES | |||||||
| Manager HR | 52.00 | $121,119 | $0 | $62,197 | Yes (X) | ||
| WENDALL BOLIN | |||||||
| Director | 9.000 | $17,400 | $0 | $0 | Yes (X) | ||
| EARL CARPENTER | |||||||
| Director | 9.000 | $12,600 | $0 | $0 | Yes (X) | ||
| OD COPE | |||||||
| Director | 8.000 | $12,000 | $0 | $0 | Yes (X) | ||
| RON CRIGHTON | |||||||
| Director | 8.000 | $10,800 | $0 | $0 | Yes (X) | ||
| GARY DUVALL | |||||||
| Director | 10.00 | $12,000 | $0 | $0 | Yes (X) | ||
| LARRY MOENNIG | |||||||
| Director | 8.000 | $15,000 | $0 | $0 | Yes (X) | ||
| BYRON STINE | |||||||
| Director | 10.00 | $12,600 | $0 | $0 | Yes (X) | ||
| STEVE STONE | |||||||
| Director | 10.00 | $10,800 | $0 | $0 | Yes (X) | ||
| DAVID TROGDON | |||||||
| Director | 8.000 | $9,000 | $0 | $0 | Yes (X) | ||
| MICHAEL SMOTHERMAN | |||||||
| Director | 5.000 | $2,400 | $0 | $0 | Yes (X) | ||
| STEVE SWEARINGEN | |||||||
| Manager Operations | 50.00 | $129,324 | $0 | $57,771 | Yes (X) | ||
| TORI MORRIS | |||||||
| CFO | 45.00 | Yes (X) | $86,747 | $0 | $8,456 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,172,709 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $448,230 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 29 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Vaught Tree Service | |||||
| 22065 State Hwy TT | Crane | MO | 65633 | Right of waytree trimming | $1,201,646 |
| Kiowa Line Builders | |||||
| 801 Highway 5 South | Tipton | MO | 65081 | Electric line construction | $1,092,597 |
| Southwest Tree Service | |||||
| PO Box 836 | Nixa | MO | 65714 | Right of waytree trimming | $806,606 |
| Progressive Solutions | |||||
| PO Box 825124 | Philadelphia | PA | 19182 | Right of wayherbicide app | $197,300 |
| USIC Locating Services | |||||
| PO Box 715409 | Cincinnati | OH | 45271 | Electric line locating | $154,103 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Electricity Billings | 221000 | $61,158,227 | $61,158,227 |
| Penalty Service Rev | 221000 | $549,263 | $549,263 |
| Other Electric Revenue | 221000 | $24,456 | $24,456 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $61,731,946 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $83,319 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $83,319 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $362,006 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $362,006 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $362,006 | TotalRevenueColumnAmt |
| Exclusion | $362,006 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $105,715 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $87,101 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $18,614 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,614 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,614 | RelatedOrExemptFuncIncomeAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $15,038 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $13,726 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,312 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,312 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Pat Cap Power Supplier | 900099 | $2,372,422 | $2,372,422 |
| Pat Cap Other | 900099 | $492,894 | $492,894 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,865,316 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $65,062,513 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $64,700,507 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $362,006 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,159,519 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $807,513 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,574,472 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,349,099 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| Cost of Purchased Power | $34,158,336 |
| Distribution Exp (Oper/Main) | $10,591,725 |
| Consumer Accts & Sales | $2,254,946 |
| Administrative & General | $1,865,160 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $301,743 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,062,513 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,888,597 | BOYAmt |
| EOY | $1,384,708 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,612,554 | BOYAmt |
| EOY | $4,724,679 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,751,142 | BOYAmt |
| EOY | $2,609,310 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,449,007 | BOYAmt |
| EOY | $1,864,669 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,160 | BOYAmt |
| EOY | $154,796 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $196,927,997 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $49,563,423 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,565,231 | BOYAmt |
| EOY | $147,364,574 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,792,868 | BOYAmt |
| EOY | $34,833,272 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,755,883 | BOYAmt |
| EOY | $6,771,083 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $195,899,442 | BOYAmt |
| EOY | $199,707,091 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,989,797 | BOYAmt |
| EOY | $9,848,960 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,770,787 | BOYAmt |
| EOY | $94,187,621 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,872,092 | BOYAmt |
| EOY | $1,614,111 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,632,676 | BOYAmt |
| EOY | $105,650,692 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,266,766 | BOYAmt |
| EOY | $94,056,399 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,266,766 | BOYAmt |
| EOY | $94,056,399 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $195,899,442 | BOYAmt |
| EOY | $199,707,091 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $3,789,632 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Org Leg Ctrl | false | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | false | DisclosedForCharitablePrpsInd |
| Written Policy Monitoring | false | WrittenPolicyMonitoringInd |
| Section170h Rqr Stsfd | false | Section170hRqrStsfdInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $331,289 | OtherCostOrOtherBasisAmt |
| Book Value | $331,289 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,739,417 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,057,152 | DepreciationAmt |
| Book Value | $2,682,265 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,036,864 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,730,599 | DepreciationAmt |
| Book Value | $3,306,265 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $182,820,427 | OtherCostOrOtherBasisAmt |
| Depreciation | $41,775,672 | DepreciationAmt |
| Book Value | $141,044,755 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $147,364,574 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Pat Cap from Power Supplier | $31,081,937 | C |
| Pat Cap from Financing | $1,630,384 | C |
| Pat Cap from Materials Supplier | $954,059 | C |
| Pat Cap from Software Supplier | $193,964 | C |
| Cap Term Certificate from Financing | $972,928 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $34,833,272 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp (6 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Interest Receivable on Investment from Financing | $7,640 |
| Interest Receivable on Investment of General Funds | $1,819 |
| Accrued Unbilled Electric Revenue | $1,793,184 |
| Deferred Assets Pension Plan Prepayment | $2,147,446 |
| Unamortized Loss on Reacquired Debt | $2,816,271 |
| Other Deferred Assets | $4,723 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $6,771,083 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Deferred Credits Energy Prepayment | $931,515 |
| Deferred Credits Electric Pole Rental | $251,405 |
| Consumer Deposits | $480,760 |
| Postretirement Benefit Obligation | -$49,569 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,614,111 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $65,062,513 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $65,062,513 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $65,062,513 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $58,902,994 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $58,902,994 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $6,159,519 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $6,159,519 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $65,062,513 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| P10, Ln 2 | "An evaluation of whether or not it has any uncertain tax positions is |
| P10, Ln 2 | determined on an annual basis by the Cooperative. While the Cooperative |
| P10, Ln 2 | believes it has adequately provided for all tax positions, amounts asserted |
| P10, Ln 2 | by taxing authorities could be different than the positions taken by the |
| P10, Ln 2 | Cooperative. The Cooperative recognizes any interest and penalties assessed |
| P10, Ln 2 | by taxing authorities in income tax expense and, with few exeptions, is no |
| P10, Ln 2 | longer subject to federal, state, or local income tax examinations by |
| P10, Ln 2 | authorities for years before 2018." |
| P12, Ln 4b | This amount is reported on the Form 990, Part IX, Line 4 per instructions. |
| P12, Ln 4b | It is not an expense on the audited financial statements. It represents |
| P12, Ln 4b | margins for 2021 and shows an increase in equity on the audited financials. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| PATRICK OEHLSCHLAGER | ||||
| General Manager | $221,909 | $178,084 | $60,398 | $460,391 |
| KEM HALL | ||||
| CFO until 33122 | $86,492 | $25,376 | $111,868 | |
| KENNETH RAMING | ||||
| Manager Engineering | $165,193 | $90,167 | $47,078 | $302,438 |
| EARL WILSON | ||||
| Mgr Oper until 0531 | $119,493 | $35,058 | $154,551 | |
| VINCENT ROBISON | ||||
| Construction Foreman | $127,832 | $51,555 | $37,505 | $216,892 |
| DELANA STOKES | ||||
| Manager HR | $121,119 | $62,197 | $35,536 | $218,852 |
| WENDALL BOLIN | ||||
| Director | $17,400 | $17,400 | ||
| EARL CARPENTER | ||||
| Director | $12,600 | $12,600 | ||
| OD COPE | ||||
| Director | $12,000 | $12,000 | ||
| RON CRIGHTON | ||||
| Director | $10,800 | $10,800 | ||
| GARY DUVALL | ||||
| Director | $12,000 | $12,000 | ||
| LARRY MOENNIG | ||||
| Director | $15,000 | $15,000 | ||
| BYRON STINE | ||||
| Director | $12,600 | $12,600 | ||
| STEVE STONE | ||||
| Director | $10,800 | $10,800 | ||
| DAVID TROGDON | ||||
| Director | $9,000 | $9,000 | ||
| MICHAEL SMOTHERMAN | ||||
| Director | $2,400 | $2,400 | ||
| STEVE SWEARINGEN | ||||
| Manager Operations | $129,324 | $57,771 | $37,942 | $225,037 |
| TORI MORRIS | ||||
| CFO | $86,747 | $8,456 | $25,451 | $120,654 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (17 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part VI Line 4 | Portions of the bylaws were voted on by the membership at the annual |
| Part VI Line 4 | meeting and approved for change. |
| Part VI Line 6 | Each consumer receiving electric service is a member (26,837). |
| Part VI Line 7a | The membership elects the 9 member Board of Directors; 3 are elected at |
| Part VI Line 7a | each annual meeting. |
| Part VI Line 7b | The Board of Directors governs within the bylaws; changes to these bylaws |
| Part VI Line 7b | must be approved by the membership. |
| Part VI Line 11b | A presentation of the completed 990 is given to the Board of Directors |
| Part VI Line 11b | Finance Committee prior to submisson to the IRS. |
| Part VI Line 12c | Directors and Officers fill out a questionnaire concerning grants, business |
| Part VI Line 12c | relationships, independence, other relationships, compensation, and hours. |
| Part VI Line 15a or b | The BOD determines the salary of the GM. The BOD also reviews wage and |
| Part VI Line 15a or b | salary changes for all other employees as proposed by the GM each year. |
| Part VI Line 19 | The financial statements are published in an annual report for members that |
| Part VI Line 19 | is distributed. The bylaws are presented to each new member as they apply. |
| Part XI Line 9 | 2021 margins added to pat cap; reallocation of uncl. pat cap; retirement of |
| Part XI Line 9 | PY pat cap to membership; pmt of reallocated pat cap & donated capital. |