2021-10-01T16:12:02-05:00 2020-12-31 743040374 KELSO LYNCH PC PA 6700 SQUIBB RD STE 215 MISSION KS 662023252 990 2020-01-01 370408325 MCDONOUGH POWER COOPERATIVE INC MCDO 3098332101 1210 W JACKSON STREET MACOMB IL 61455 ROBERT M SMITH PRESIDENT & CEO 3098332101 2021-09-20 true ROBERT M SMITH 999009999 THOMAS F HANCOCK CPA P00501575 9138311150 2021-10-01 2020 2022-09-23 18:48:47Z ROBERT M SMITH 11525492 false X WWW.MCDONOUGHPOWER.COM X 1938 IL MCDONOUGH POWER COOPERATIVE IS A MEMBER-OWNED AND LOCALLY CONTROLLED COOPERATIVE BUSINESS WHOSE MISSION IS TO PROVIDE HIGH QUALITY ELECTRIC AND RELATED SERVICES IN A SAFE, RELIABLE AND FINANCIALLY RESPONSIBLE MANNER FOR THE BETTERMENT OF THE MEMBERSHIP AND THE AREA IT SERVES. 9 9 17 -8745 0 11773784 11450297 17637 17649 193460 57546 11984881 11525492 0 1114197 1033467 467996 1160778 0 0 10402688 9331247 11984881 11525492 0 30844070 31341652 17039317 16882198 13804753 14459454 X MCDONOUGH POWER COOPERATIVE IS A MEMBER-OWNED AND LOCALLY CONTROLLED COOPERATIVE BUSINESS WHOSE MISSION IS TO PROVIDE HIGH QUALITY ELECTRIC AND RELATED SERVICES IN A SAFE, RELIABLE AND FINANCIALLY RESPONSIBLE MANNER FOR THE BETTERMENT OF THE MEMBERSHIP AND THE AREA IT SERVES. false false MCDONOUGH POWER COOPERATIVE SUPPLIES ELECTRIC POWER TO MEMBERS IN PORTIONS OF FULTON, HANCOCK, HENDERSON, KNOX, MCDONOUGH, SCHUYLER AND WARREN COUNTIES IN WEST-CENTRAL ILLINOIS. MORE THAN 5,000 HOUSEHOLDS AND BUSINESSES RECEIVE POWER FROM MCDONOUGH POWER. 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 false false false true 10 0 true 17 true false false false false false 11046613 682753 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 SCOTT TRASER 3098332101 1210 W JACKSON STREET MACOMB IL 61455 ROBERT M SMITH PRESIDENT & 40.00 X 168573 0 108003 DOUG BEAR LINE SUPERIN 40.00 X 112891 0 104903 SCOTT TRASER CFO 40.00 X 117056 0 93424 JOSEPH WERNSMAN JOURNEYMAN L 44.00 X 105359 0 40026 CLAY WIEMERSLAGE JOURNEYMAN L 43.00 X 108599 0 36125 BRANDON COUSINS JOURNEYMAN L 43.00 X 103427 0 27983 DAVID LUECK DIRECTOR 1.00 X 5181 0 0 JEFFREY MOORE DIRECTOR 2.00 X 4874 0 0 STEVE HALL DIRECTOR 1.00 X 4595 0 0 WALTER LEWIS DIRECTOR 1.00 X 4424 0 0 MICHAEL COX DIRECTOR 1.00 X 3606 0 0 JERRY RIGGINS DIRECTOR 2.00 X 3489 0 0 ROBERT DWYER DIRECTOR 1.00 X 3174 0 0 STEVEN LYNN DIRECTOR 1.00 X 3150 0 0 STEVE YOUNGQUIST DIRECTOR 1.00 X 1916 0 0 750314 410464 6 false true false PRARIE POWER INC 3130 PLEASANT RUN ROAD SPRINGFIELD IL 62701 POWER BILLS 5981262 NRECA PO BOX 207452 DALLAS TX 753207452 INSURANCE & BEN 572422 CROFT ELECTRICAL CONTRACTORS 226 HIGHWAY KK TROY MO 63379 ELECTRICAL CONT 320908 SPOON RIVER ELECTRIC COOPERATIVE PO BOX 340 CANTON IL 61520 RIGHT-OF-WAY CL 306422 SOUTHEASTERN DATA CORP 100 ASHFORD CENTER NORTH SUITE 500 ATLANTA GA 30338 COMPUTER SOFTWA 164618 5 SALE OF ELECTRICITY 221000 10875245 10875245 CAPITAL CREDITS 221000 541282 541282 MISCELLANEOUS ELECTRIC 221000 33770 33770 11450297 17649 326 17323 7977 7977 7977 7977 OTHER NON OPERATING 900099 58640 58640 COOPERATIVE BALLOON ASSOC- K1 221000 -9071 -9071 49569 11525492 11508937 -8745 25300 1033467 521465 639313 657152 1120293 COST OF POWER 5981262 DISTRIBUTION EXPENSE 847736 ADMIN & GENERAL 541795 MEMBER SERVICES 183009 11525492 0 0 0 X 563862 257298 1120274 1024675 115647 212918 269991 203139 37153883 13563626 22910255 23590257 5832577 6021902 31464 31463 30844070 31341652 1471550 1384387 25116 14465 15393433 15337559 149218 145787 17039317 16882198 X 150129 140503 500922 622426 13153702 13696525 13804753 14459454 30844070 31341652 X 0 654701 X false true X true 274283 274283 2903548 728223 2175325 33976052 12835403 21140649 23590257 INVESTMENTS IN ASSOC ORGANIZATIONS 5631380 C SUBORDINATED CERTIFICATES 390522 C 6021902 POST RETIREMENT BENEFITS 145787 145787 X 11525492 11525492 11525492 10492025 10492025 1033467 1033467 11525492 SCHEDULE D, PAGE 3, PART X AN EVALUATION OF WHETHER OR NOT 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 THAT 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 OR LOCAL INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2017. SCHEDULE D, PAGE 4, PART XII, LINE 4B ASSIGNEMENT OF MARGINS TO MEMBERS 1,033,467 X false false false ROBERT M SMITH PRESIDENT & CEO 168573 83380 24623 276576 DOUG BEAR LINE SUPERINTENDENT 112891 80806 24097 217794 SCOTT TRASER CFO 117056 73181 20243 210480 FORM 990 - ORGANIZATION'S MISSION MCDONOUGH POWER COOPERATIVE IS A MEMBER-OWNED AND LOCALLY CONTROLLED COOPERATIVE BUSINESS WHOSE MISSION IS TO PROVIDE HIGH QUALITY ELECTRIC AND RELATED SERVICES IN A SAFE, RELIABLE AND FINANCIALLY RESPONSIBLE MANNER FOR THE BETTERMENT OF THE MEMBERSHIP AND THE AREA IT SERVES. FORM 990, PAGE 6, PART VI, LINE 6 MCDONOUGH POWER IS WHOLLY OWNED BY THE MEMBERS OF THE COOPERATIVE. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B MEMBERS OF THE COOPERATIVE MUST RATIFY CHANGES TO THE BYLAWS. FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE & ACCOUNTING MANAGER READS THE CURRENT 990 AND COMPARES IT TO THE QUESTIONAIRRE, THE INCOME STATEMENT AND THE PRIOR YEAR 990 AND DIRECTS ANY QUESTIONS TO THE PREPARER. FORM 990, PAGE 6, PART VI, LINE 12C ANY CONFLICTS OF INTEREST ARE REPORTED TO THE BOARD OF DIRECTORS IN A REGULAR MONTHLY BOARD MEETING. THE BOARD OF DIRECTORS DISCUSSES THE ISSUE AND DETERMINES THE APPROPRIATE COURSE OF ACTION WITH THE BENEFIT OF LEGAL COUNSEL. FORM 990, PAGE 6, PART VI, LINE 15A REVIEWED AND SET BY THE BOARD OF DIRECTORS, WITH INPUT FROM NRECA CONSULTANT. FORM 990, PAGE 6, PART VI, LINE 15B REVIEWED AND SET BY THE CEO USING SEVERAL COMPENSATION SURVEYS. FORM 990, PAGE 6, PART VI, LINE 19 BYLAWS ARE OFFERED TO ALL NEW MEMBERS; ALL OTHER DOCUMENTS ARE AVAILABLE AT ANY TIME UPON REQUEST. FORM 990, PART X FORM 990, PART IX, LINE 4 THE INSTRUCTIONS TO THE 2020 FORM 990 INDICATE THAT ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(12) SHOULD REPORT "PATRONAGE DIVIDENDS PAID" TO THEIR MEMBERS IN PART IX, LINE 4 OF THE FORM 990. THE COOPERATIVE HAS INTERPRETED THE WORDS "PATRONAGE DIVIDIENDS PAID" IN THE INSTRUCTIONS TO MEAN MARGINS THAT ARE ASSIGNED OR ASSIGNABLE TO THE MEMBERS. THE COOPERATIVE ASSIGNS NET MARGINS TO ITS MEMBERS EACH YEAR. THEREFORE, THE AMOUNT LISTED IN PART IX, LINE 4 REPRESENTS THE NET MARGINS ASSIGNABLE TO THE MEMBERS FOR THE CALENDAR YEAR ENDED DECEMBER 31, 2020. FORM 990, PART XI, LINE 9 CURRENT YEAR MARGINS ASSIGNED TO MEMBERS 1,033,467 OTHER CHANGES 121,504 RETIREMENT OF CAPITAL CREDITS -490,644 CHANGE IN OCI -9,626 TOTAL 654,701