2022-11-04T16:24:30-05:00 2021-12-31 450250958 EIDE BAILLY LLP 200 E 10TH ST STE 500 SIOUX FALLS SD 571046375 990 2021-01-01 814078510 FREESTATE ELECTRIC COOPERATIVE INC FREE 7854783444 1100 SW AUBURN ROAD TOPEKA KS 666151426 CHRISTOPHER S PARR CEO/GENERAL MANAGER 7854783444 2022-11-04 1 CHRISTOPHER PARR 999009999 LAURIE HANSON CPA P00851848 6053391999 2022-11-04 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z CHRISTOPHER S PARR 1100 SW AUBURN ROAD TOPEKA KS 666151426 43539592 0 X WWW.FREESTATE.COOP X 2017 KS PROVIDE ELECTRIC POWER AND RELATED SERVICES TO MEMBERS 9 9 88 0 0 0 0 0 40642878 43420893 93200 84777 16331 -298 40752409 43505372 2242 3541 521633 627830 973040 931445 0 0 0 39255492 41942556 40752407 43505372 2 0 110762882 115006207 65441797 70235961 45321085 44770246 TO PROVIDE RELIABLE ELECTRIC POWER AND RELATED SERVICES TO OUR MEMBERS AT THE MOST AFFORDABLE COST. 0 0 PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 18,451 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 26 0 1 88 1 0 0 0 0 0 0 0 43910078 297138 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 0.00 X 11100 0 0 ROBERT SAGE TRUSTEE 2.20 0.00 X 6800 0 0 DON MONTGOMERY SECRETARY 2.00 0.00 X X 10100 0 0 LARRY BUTEL TREASURER 1.90 0.00 X X 7700 0 0 MARK WULFKUHLE VICE PRESIDENT 2.50 0.00 X X 7300 0 0 HARLAN HUNT TRUSTEE 2.20 0.00 X 7600 0 0 BILL CONLEY TRUSTEE 1.80 0.00 X 6500 0 0 JEANINE MURPHY PRESIDENT 2.70 0.00 X X 8200 0 0 MATT TURECEK TRUSTEE 2.10 0.00 X 7200 0 0 STEVEN FOSS CEO/GENERAL MANAGER 44.50 0.00 X 339071 0 201907 CHRISTOPHER PARR ASSISTANT GM 43.20 0.25 X 171577 0 71235 JILL TAGGART FINANCE MANAGER 41.60 0.00 X 119422 0 56527 ZACHARY STERLING OPERATIONS MANAGER 46.10 0.00 X 125489 0 101654 MICHELLE KIPPES-MEYER ACCOUNTING MANAGER 40.30 0.00 X 119324 0 67856 KYLE HALLGREN JOURNEYMAN LINEMAN 53.20 0.00 X 127523 0 48010 RONALD FORSHEE LINE SUPERINTENDENT 44.10 0.00 X 111587 0 62313 ERIC WYLIE ENGINEERING MANAGER 42.60 0.00 X 128991 0 52828 1315484 0 662330 19 0 1 0 KENDALL CONSTRUCTION INC 2551 NW BUTTON RD TOPEKA KS 66618 CONSTRUCTION 313235 NAT'L INFORMATION SOLUTIONS COOPERATIVE PO BOX 1147 MANDAN ND 58554 SOFTWARE MAINTENANCE & SUPPORT 287615 KANSAS ELECTRIC COOPERATIVE INC 7332 SW 21ST ST TOPEKA KS 66604 APPARATUS TESTING 252926 IES COMMERCIAL INC 120 S LINCOLN ST HOLDRIDGE NE 68949 HIGHLINE CONTRACTOR 174974 4 SALE OF ELECTRICITY 221000 40754930 40754930 CONTRACT REVENUES 221000 2316830 2316830 OTHER COOPERATIVE CAPITAL CREDITS 221000 349133 349133 43420893 64195 64195 20582 0 20582 20582 20582 17336 34220 -16884 -16884 NONOPERATING REVENUE 16586 16586 16586 43505372 43420595 0 84777 X 3541 627830 931445 2080508 4212266 COST OF POWER 24419528 ADMINISTRATIVE AND GENE 3612365 DISTRIBUTION - OPERATIO 3235508 DISTRIBUTION - MAINTENA 3009442 1372939 43505372 332377 69957 3475440 4938364 4587794 4867888 92991 55940 2409763 3014642 289251 43173 137453614 45887010 89992490 91566604 1019689 1001872 7265860 7445697 1297227 2002070 110762882 115006207 4563153 4293158 34336 13457 52394417 56187255 8449891 9742091 65441797 70235961 X 0 0 0 0 45321085 44770246 45321085 44770246 110762882 115006207 X 0 -550839 X 0 1 X 1 0 0 1 X 351502 351502 8225707 5612551 2613156 126837268 40274459 86562809 2039137 2039137 91566604 KANSAS ELECTRIC POWER COOPERATIVE 5846472 C KANSAS ELECTRIC COOPERATIVE 127285 C FEDERATED INSURANCE 198146 C COBANK 570766 C CFC 513749 C NISC 179573 C OTHER INVESTMENTS IN ASSOCIATED ORGANIZATIONS 9706 C 7445697 DEFERRED CREDITS 9742091 9742091 X 43505372 0 43505372 0 43505372 42877542 0 42877542 627830 627830 43505372 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 BYLAWS, 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 2018. PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATIONS OF 2021 MARGINS TO MEMBERS IN 2022 627,830. X X 0 0 0 STEVEN FOSS CEO/GENERAL MANAGER 339071 0 0 0 0 0 179061 0 26066 0 544198 0 0 0 CHRISTOPHER PARR ASSISTANT GM 171577 0 0 0 0 0 43095 0 30015 0 244687 0 0 0 ZACHARY STERLING OPERATIONS MANAGER 125489 0 0 0 0 0 74014 0 29017 0 228520 0 0 0 MICHELLE KIPPES-MEYER ACCOUNTING MANAGER 119324 0 0 0 0 0 38837 0 30359 0 188520 0 0 0 ERIC WYLIE ENGINEERING MANAGER 126491 0 2500 0 0 0 26888 0 27314 0 183193 0 0 0 JILL TAGGART FINANCE MANAGER 119422 0 0 0 0 0 28887 0 28968 0 177277 0 0 0 KYLE HALLGREN JOURNEYMAN LINEMAN 127523 0 0 0 0 0 19740 0 29242 0 176505 0 0 0 RONALD FORSHEE LINE SUPERINTENDENT 111587 0 0 0 0 0 40866 0 22647 0 175100 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. STEVEN FOSS CHANGE IN ACTUARIAL VALUE: $171,811 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $64,032 CHRISTOPHER PARR CHANGE IN ACTUARIAL VALUE: 38,727 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $38,139 ZACHARY STERLING CHANGE IN ACTUARIAL VALUE: $70,821 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $26,078 MICHELLE KIPPES-MEYER CHANGE IN ACTUARIAL VALUE: $35,744 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $25,299 KYLE HALLGREN CHANGE IN ACTUARIAL VALUE: $17,526 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: 18,362 RONALD FORSHEE CHANGE IN ACTUARIAL VALUE: 38,093 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: 24,381 ERIC WYLIE CHANGE IN ACTUARIAL VALUE: $23,707 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $27,925 JILL TAGART CHANGE IN ACTUARIAL VALUE: $25,821 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $26,938 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: ALLOCATIONS OF 2021 MARGINS TO MEMBERS IN 2022 627,830. UNCLAIMED CAPITAL CREDITS 195,945. RETIREMENT OF CAPITAL CREDITS -1,374,614. 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