2022-12-22T17:09:15-06:00 2022-06-30 721396621 CARR RIGGS & INGRAM 922 STATE STREET SUITE 100 BOWLING GREEN KY 42101 990 2021-07-01 610375145 WARREN RURAL ELECTRIC COOPERATIVE CORPORATION WARR 2708426541 951 FAIRVIEW AVENUE BOWLING GREEN KY 42101 DEWAYNE MCDONALD PRESIDENT/CEO 2708426541 2022-12-19 1 DEWAYNE MCDONALD 999009999 MILLS L WHITE JR P00152197 2707820700 2022-12-19 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z DEWAYNE MCDONALD 951 FAIRVIEW AVENUE BOWLING GREEN KY 42101 226519224 0 X WRECC.COM X 1938 KY AS A MEMBER-OWNED COOPERATIVE, WARREN RECC WILL STRIVE TO MEET THE NEEDS OF ITS MEMBERS, CUSTOMERS, AND COMMUNITIES FOR UP-TO-DATE, RELIABLE, AND COMPETITIVELY-PRICED ELECTRICITY AND OTHER UTILITY SERVICES. 7 7 173 0 0 0 0 0 203071147 226350099 123755 149383 248119 11739 203443021 226511221 0 0 0 0 11984426 11748295 0 0 0 177993623 199288221 189978049 211036516 13464972 15474705 278710355 321679939 141501368 164954533 137208987 156725406 AS A MEMBER-OWNED COOPERATIVE, WARREN RECC WILL STRIVE TO MEET THE NEEDS OF ITS MEMBERS, CUSTOMERS, AND COMMUNITIES FOR UP-TO-DATE, RELIABLE, AND COMPETITIVELY-PRICED ELECTRICITY AND OTHER UTILITY SERVICES. 0 0 211036516 224748033 PROVIDING MEMBERS, CUSTOMERS, AND COMMUNITIES COMPETITIVELY-PRICED ELECTRICITY AND OTHER UTILITY SERVICES. 211036516 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 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 1 1 0 1 55 0 1 173 1 0 0 0 0 0 0 0 223536606 1360810 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2708426541 951 FAIRVIEW AVENUE BOWLING GREEN KY 42101 NE REED BOARD MEMBER 6.00 X 19318 0 0 TIM PURCELL BOARD MEMBER 5.00 X 19361 0 0 THOMAS DOTSON BOARD MEMBER 5.00 X 10906 0 0 TERRY GARMON BOARD MEMBER 5.00 X 4648 0 0 DENNIS INGRAM BOARD MEMBER 5.00 X 20811 0 0 CHRIS GRAVIL BOARD MEMBER 5.00 X 19811 0 0 TIM WESTBROOK BOARD MEMBER 5.00 X 6870 0 0 RANDY MANN BOARD MEMBER 5.00 X 6870 0 0 JOE NEELY BOARD MEMBER (RETIRED 7/31/21) 4.00 X 11764 0 0 ROX'ANNE GRAY FORMER VP OF ADMINISTRATIVE SERVICES 40.00 X 143925 0 40596 DEWAYNE MCDONALD PRESIDENT & CEO 40.00 X 231045 0 72666 AMANDA HUNLEY VP OF ADMINISTRATIVE SERVICES 40.00 X 114329 0 53144 CHARLES MASSEY VP OF ENGINEERING & OPERATIONS 40.00 X 162043 0 36056 PATTY KANTOSKY VP OF MEMBER AND CUSTOMER SERVICE 40.00 X 135408 0 61990 GARY DUNAGAN FORMER MANAGER OF INFO. TECHNOLOGY 40.00 X 138254 0 33746 JOSHUA POSTON OPERATIONS SUPERVISOR 40.00 X 130239 0 36888 MARK CARDWELL OPERATIONS SUPERVISOR 40.00 X 135298 0 46928 ANDREW LINDSEY SR. MANAGER OF ENGINEERING 40.00 X 131110 0 60304 GREGG WEATHERS SR. MANAGER OF OPERATIONS 40.00 X 127953 0 55379 1569963 0 497697 11 0 1 0 PIKE ELECTRIC INC 3190 PAYNEVILLE RD BRANDENBURG KY 40108 ELECTRICAL SERVICES 3381510 A & G TREE SERVICE INC 207 SOUTH ENGLISH ST LEITCHFIELD KY 42754 TREE SERVICES 3084459 DAVIS H ELLIOT CO INC 673 BLUE SKY PKWY LEXINGTON KY 40509 ELECTRICAL SERVICES 2337216 ERVIN CABLE CONSTRUCTION LLC 450 PRYOR BLVD STURGIS KY 42459 FIBER INSTALLATION 2314174 GREENWOOD TREE SERVICE 3821 RICHPOND RD BOWLING GREEN KY 42104 TREE SERVICES 1465784 10 ELECTRIC SALES 221000 221899024 221899024 OTHER ELECTRIC INCOME 221000 2837270 2837270 POLE RENTALS 221000 1613805 1613805 226350099 149383 149383 9461 8003 1458 1458 MISCELLANEOUS 221000 10281 10281 10281 226511221 224748033 0 1763188 1214235 1214235 6955557 6955557 1573797 1573797 1340822 1340822 663884 663884 35941 35941 183172 183172 30995 30995 29543 29543 69421 69421 95172 95172 1014390 1014390 1138232 1138232 2831407 2831407 1415612 1415612 297930 297930 3938179 3938179 13083428 13083428 188530 188530 PURCHASED POWER 162211578 162211578 UTILITY TAXES 5968961 5968961 MAINTENANCE 5218373 5218373 ADMIN, SUPPLIES, OTHER 823452 823452 713905 713905 211036516 211036516 0 0 214540 1199385 14333105 14122456 21154243 27018852 7537858 14480017 538809 577379 426244418 173670524 227030454 252573894 6588207 10134277 419383 318731 893756 1254948 278710355 321679939 32762375 38133342 95811076 108465083 6000000 12927917 12356108 141501368 164954533 X 0 0 0 0 137208987 156725406 137208987 156725406 278710355 321679939 X 15474705 3565086 476628 X 0 1 X 1 0 3959726 3959726 422284692 173670524 248614168 252573894 CONSUMER DEPOSITS 4769383 ADVANCES TO CONSERVATION PROGRAM 563701 DEFERRED CREDITS 1381382 ACCRUED POST-RETIREMENT BENEFITS 5335115 SELF-INSURED FUND 306527 12356108 226867805 468068 468068 226399737 111484 111484 226511221 210925032 0 210925032 111484 111484 211036516 PART XI, LINE 2D - OTHER ADJUSTMENTS: SUBSIDIARY INCOME 468,068. PART XI, LINE 4B - OTHER ADJUSTMENTS: OPERATIONAL EXPENSES INCLUDED IN NET REVENUES 111,484. PART XII, LINE 4B - OTHER ADJUSTMENTS: OPERATIONAL EXPENSES INCLUDED IN NET REVENUES 111,484. X X X X 0 0 0 DEWAYNE MCDONALD PRESIDENT & CEO 219339 0 10138 0 1568 0 61457 0 11209 0 303711 0 0 0 CHARLES MASSEY VP OF ENGINEERING & OPERATIONS 151777 0 7264 0 3002 0 25598 0 10458 0 198099 0 0 0 PATTY KANTOSKY VP OF MEMBER AND CUSTOMER SERVICE 127996 0 6474 0 938 0 38919 0 23071 0 197398 0 0 0 ANDREW LINDSEY SR. MANAGER OF ENGINEERING 124529 0 6230 0 351 0 37233 0 23071 0 191414 0 0 0 ROX'ANNE GRAY FORMER VP OF ADMINISTRATIVE SERVICES 134850 0 7050 0 2025 0 32828 0 7768 0 184521 0 0 0 GREGG WEATHERS SR. MANAGER OF OPERATIONS 119733 0 5836 0 2384 0 34975 0 20404 0 183332 0 0 0 MARK CARDWELL OPERATIONS SUPERVISOR 127841 0 6858 0 599 0 26524 0 20404 0 182226 0 0 0 GARY DUNAGAN FORMER MANAGER OF INFO. TECHNOLOGY 128928 0 4838 0 4488 0 25560 0 8186 0 172000 0 0 0 AMANDA HUNLEY VP OF ADMINISTRATIVE SERVICES 108944 0 5115 0 270 0 30073 0 23071 0 167473 0 0 0 JOSHUA POSTON OPERATIONS SUPERVISOR 123899 0 6079 0 261 0 26531 0 10357 0 167127 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS UTILIZES A COMPENSATION COMMITTEE TO MAKE A RECOMMENDATION TO THE FULL BOARD REGARDING THE CEO'S COMPENSATION. RELEVANT INFORMATION SUCH AS CURRENT COMPENSATION AND BENEFITS, SURVEY DATA, ETC. IS PROVIDED TO THE BOARD. THE ORGANIZATION HAS A WRITTEN EMPLOYMENT CONTRACT THAT INCLUDES EXPLANATIONS OF THE CEO'S DUTIES, COMPENSATION, BENEFITS, AND OTHER RELEVANT DETAILS. THE ORGANIZATION USES COMPENSATION SURVEY DATA FROM TWO SOURCES: (1) NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION, AND (2) TENNESSEE VALLEY PUBLIC POWER ASSOCIATION. THE BOARD OF DIRECTORS CONDUCTS AN ANNUAL PERFORMANCE APPRAISAL AND FROM THAT DETERMINES ANY ADJUSTMENTS TO THE CEO'S COMPENSATION. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE COOPERATIVE HOLDS AN ANNUAL MEETING EACH JUNE AND MEMBERS ARE ALLOWED TO VOTE ON DIRECTORS WHOSE TERMS HAVE EXPIRED. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS MUST APPROVE DECISION THAT INVOLVE SUBSTANTIAL TRANSFERS OF COOPERATIVE ASSETS, AMENDMENTS TO THE BYLAWS, AS WELL AS OTHER DECISIONS REQUIRING APPROVAL OF THE MEMBERS BY LAW, THE ARTICLES OF INCORPORATION, AND/OR THE COOPERATIVE'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND THE MANAGEMENT TEAM ARE REQUIRED TO COMPLETE QUESTIONNAIRES ANNUALLY TO ATTEST POLICY COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE REVIEWS EXECUTIVE SALARY ANNUALLY BY COMPARING TO INDUSTRY SURVEY DATA; COMPENSATION COMMITTEE REOMMENDS APPROPRIATE COMPENSATION TO THE FULL BOARD FOR APPROVAL. THE ORGANIZATION ALSO UTILIZES INDEPENDENT CONSULTANTS TO UPDATE THE COMPENSATION PLAN FOR ALL EMPLOYEES ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: SUBSIDIARY INCOME 468,068. ADDITIONAL INVESTMENT FROM MEMBERS 8,560. MILLENNIUM ENERGY INC 951 FAIRVIEW AVE BOWLING GREEN KY 42101 611343061 SALE & DISTRIBUTION OF NATURAL GAS KY WARREN RURAL ELECTRIC CO-OP CORP C 207793 1523984 1.00000 1 PROPANE ENERGY SERVICES INC 951 FAIRVIEW AVE BOWLING GREEN KY 42101 208737082 SALES - PROPANE KY WARREN RURAL ELECTRIC CO-OP CORP C 1811289 3578783 1.00000 1 ELECTRIC POWER SERVICES INC 951 FAIRVIEW AVE BOWLING GREEN KY 42101 611386180 HOLDING COMPANY KY WARREN RURAL ELECTRIC CO-OP CORP C 1.00000 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 PROPANE ENERGY SERVICES INC Q 62130 ACTUAL CASH REIMBURSEMENTS MILLENNIUM ENERGY INC Q 76226 ACTUAL CASH REIMBURSEMENTS PROPANE ENERGY SERVICES INC R 70406 ACTUAL CASH TRANSFERS MILLENNIUM ENERGY INC R 897865 ACTUAL CASH TRANSFERS PROPANE ENERGY SERVICES INC F 400000 ACTUAL CASH DIVIDENDS MILLENNIUM ENERGY INC F 36310 ACTUAL CASH DIVIDENDS