2021-10-27T11:24:24-05:00 2020-12-31 BKD LLP PO BOX 3667 LITTLE ROCK AR 722033667 990 2020-01-01 440520846 BARRY ELECTRIC COOPERATIVE INC % JENNIFER MCBROOM BARR 4178472131 PO BOX 307 CASSVILLE MO 65625 DAVID E CUPPS PRESIDENT 4176710909 2021-09-23 true DAVID E CUPPS 999009999 AMBER SHERRILL P00748683 5013721040 2021-05-15 2 2020 2022-09-23 18:48:47Z DAVID E CUPPS 10141 EVERGREEN DRIVE CASSVILLE MO 65625 24411637 false X WWW.BARRYELECTRIC.COM X 1946 MO BARRY ELECTRIC WAS FORMED TO PROVIDE ELECTRIC SERVICE TO COOPERATIVE MEMBERS WHERE IT WAS NOT PROFITABLE ENOUGH FOR INVESTOR OWNED UTILITIES TO PROVIDE SERVICE. 9 8 52 0 -3343269 0 0 21552141 21167773 173789 871172 -4793674 -3678818 16932256 18360127 6481 4448 2093316 2351033 2857483 2976617 0 0 0 17456064 17266415 22413344 22598513 -5481088 -4238386 92385184 98834310 62350685 67110432 30034499 31723878 BARRY ELECTRIC WAS FORMED IN 1946 TO PROVIDE ELECTRIC SERVICE TO COOPERATIVE MEMBERS IN RURAL BARRY AND MCDONALD COUNTIES OF MISSOURI WHERE IT WAS NOT PROFITABLE ENOUGH FOR INVESTOR OWNED UTILITIES. BEC CURRENTLY PROVIDES SERVICE TO NEARLY 10,000 MEMBERS. false false BARRY ELECTRIC COOPERATIVE PROVIDES ELECTRIC SERVICE TO APPROXIMATELY 9,600 MEMBERS WITHIN APPROXIMATELY 1,086 MILES. BARRY ELECTRIC SERVES PORTIONS OF THE SOUTHERN HALF OF BARRY COUNTY AS WELL AS A FEW MEMBERS IN MCDONALD COUNTY INCLUDING THE TOWNS OF CASSVILLE, EXETER, JENKINS, SELIGMAN, WASHBURN, WHEATON AND THE SURROUNDING RURAL AREAS. false false false false false false false false false true false true false true false false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 45 0 true 52 true true true false false false false 20616856 3628486 false false false X 9 8 false false false false true true true true true false false true true true true true true false false true true MO X JENNIFER MCBROOM 4178472131 4015 MAIN STREET CASSVILLE MO 65625 X MARK AEILTS EXECUTIVE VICE PRESIDENT 40.0 8.0 X 145690 0 59362 JENNIFER MCBROOM CFO/INTERIM CEO 40.0 5.0 X 100838 0 19673 ALAN MCNABB LINEMAN 51.0 0.0 X 105292 0 10781 DAVID CUPPS PRESIDENT 6.0 0.0 X X 3650 0 0 DAVID DALTON DIRECTOR 3.0 0.0 X 2225 0 0 KENYON ATKINSON DIRECTOR 3.0 0.0 X 2150 0 0 MARLEE EDIE DIRECTOR 3.0 0.0 X 2150 0 0 JAKE O'NEILL DIRECTOR 3.0 0.0 X 2150 0 0 RICHARD ASBILL VICE PRESIDENT 3.0 0.0 X X 2000 0 0 LEWIS ROYER SECRETARY/TREASURER 3.0 0.0 X X 2000 0 0 JASON HUDSON DIRECTOR 3.0 0.0 X 2000 0 0 RONNIE THOMAS DIRECTOR 3.0 0.0 X 1850 0 0 371995 0 89816 3 false true false FINLEY ENGINEERING CO INC PO BOX 410412 KANSAS CITY MO 64141 ENGINEERING 411146 ASPLUNDH TREE EXPERT CO 1700 SOLUTIONS CENTER CHICAGO IL 60677 ROW CLEARING 1379941 TRANS-TEL CENTRAL LLC 2851 N FLOOD AVENUE NORMAN OK 73069 FIBER CONSTRUCTION 2138520 IES COMMERCIAL INC PO BOX 27 HOLDREGE NE 68949 LINE CONSTRUCTION 500291 POWER LINE CONSULTANTS LLC 614 WALMART DRIVE PMB 122 FARMINGTON MO 63640 LINE CONSTRUCTION 472146 5 0 SALES OF ELECTRIC ENERGY 221100 20222795 20222795 G & T CAPITAL CREDITS 221100 721457 721457 OTHER CAPITAL CREDITS 221100 128313 128313 PENALTIES 221100 75299 75299 OTHER ELECTRIC REVENUE 221000 19909 19909 21167773 857191 474217 382974 0 0 1575057 135276 6002295 -4427238 135276 -4291962 -4427238 135276 45000 31019 13981 13981 13981 0 0 0 0 0 0 19838 18196 1642 1642 MANAGEMENT FEES FROM BTS 237130 609603 609603 SOLAR FEE INCOME 900099 1750 1750 A-PRIME LLC K-1 INCOME 525990 149 149 611502 18360127 21167773 -3343269 535623 4448 0 0 2351033 345738 0 1743079 350999 404735 132066 0 45850 80453 0 0 0 16475 54408 147647 122541 0 0 0 0 7957 2023443 0 2200311 23904 COST OF POWER 10492173 DISTRIBUTION EXPENSE 1703877 CONSUMER ACCOUNTS 329721 SOLAR EXPENSES 7386 10269 22598513 355892 705926 902955 1688413 0 0 1719057 1551540 0 0 0 0 13177951 14360618 2590087 1837168 306730 233391 71360980 3370891 63638028 67990089 0 0 0 0 9558359 10331025 0 0 136125 136140 92385184 98834310 2577168 2450920 0 0 4286 200200 0 0 0 0 0 0 59450436 64095687 0 0 318795 363625 62350685 67110432 X 28931818 30417748 775 0 1101906 1306130 30034499 31723878 92385184 98834310 X -4238386 5927765 X false true X true false 550653 550653 3981251 1463129 2518122 66668616 1907762 64760854 160460 160460 67990089 ORGANIZATIONS 10859651 F ORGANIZATIONS - OTHER 322447 F OTHER INVESTMENT 114116 F INVESTMENT IN SUBSIDIARY -965189 F 10331025 0 CONSUMER DEPOSITS 363625 363625 22690847 6224600 6224600 16466247 1893880 1893880 18360127 20339814 319012 319012 20020802 2577711 2577711 22598513 FORM 990, SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. FORM 990, SCHEDULE D, PART XI, LINE 2D UBI RENTAL EXPENSE 319,012 BOOK TO TAX DEPRECIATION DIFFERENCE 5,683,283 EQUITY IN EARNINGS OF SUBSIDIARY 222,305 --------------- TOTAL 6,224,600 FORM 990, SCHEDULE D, PART XI, LINE 4B SHARED SALARY INCOME - BTS 609,603 INTEREST INCOME - BOOK TO TAX DIFFERENCE 465,241 BOOK TO TAX LESAE PAYMENT DIFFERENCE 592,209 EXPENSES INCLUDED IN REVENUE PER AUDIT 7,415 A-PRIME LLC K-1 INCOME 149 REVENUE INCLUDED IN EXPENSE PER AUDIT 219,263 ------------- TOTAL 1,893,880 FORM 990, SCHEDULE D, PART XII, LINE 2D UBI RENTAL EXPENSES 319,012 FORM 990, SCHEDULE D, PART XII, LINE 4B PATRONAGE CAPITAL ASSIGNED TO MEMBERS 2,351,033 EXPENSES INCLUDED IN REVENUE PER AUDIT 7,415 REVENUE INCLUDED IN EXPENSE PER AUDIT 219,263 -------------- TOTAL 2,577,711 X true true X false false false MARK AEILTS EXECUTIVE VICE PRESIDENT 144511 0 0 0 1179 0 48021 0 11341 0 205052 0 0 0 SCHEDULE J, PART I, LINE 1A THE COOPERATIVE PAID FOR MEMBERSHIP DUES TO THE ROTARY CLUB OF CASSVILLE FOR MARK AEILTS. THE AMOUNT WAS NOT INCLUDED IN HIS W-2 WAGES BECAUSE IT IS A CORPORATE MEMBERSHIP AND IS ONLY USED FOR BUSINESS PURPOSES. FORM 990, PART VI, SECTION A, LINE 6 EACH PERSON OR BUSINESS PROVIDED SERVICE BY BARRY ELECTRIC COOPERATIVE IS A MEMBER OF THE COOPERATIVE AND IS ENTITLED TO ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD IS COMPRISED OF NINE MEMBERS SERVING A THREE YEAR TERM. THREE BOARD MEMBERS COME UP FOR ELECTION EACH YEAR. EVERYONE PURCHASING ELECTRICITY FROM THE COOPERATIVE BECOMES A MEMBER OF THE COOPERATIVE WITH ALL THE RIGHTS AND RESPONSIBILITIES IT ENTAILS. MEMBERS DO NOT HAVE TO BE APPROVED PRIOR TO RECEIVING MEMBERSHIP; HOWEVER, THE BOARD APPROVES THE NEW MEMBERS FOR THE PRIOR MONTH AT THE NEXT MONTH'S MEETING AS PART OF THE CONSENT AGENDA. FORM 990, PART VI, SECTION A, LINE 7B ANY CHANGES TO THE BY-LAWS MUST BE APPROVED BY A VOTE OF THE MEMBERS AT THE ANNUAL MEETING AFTER IT HAS BEEN DETERMINED THAT A QUORUM IS PRESENT. FORM 990, PART VI, SECTION B, LINE 11B BEFORE FILING THE TAX RETURN, THE TAX RETURN IS PRESENTED TO AND REVIEWED WITH THE GOVERNING BOARD AT A BOARD MEETING. MOTION FOR FILING OF THE TAX RETURN MUST BE MADE AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND OFFICERS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL CONFLICTS. IF THERE IS A CONFLICT, THE BOARD MEMBER WILL REMOVE THEMSELVES FROM ANY DISCUSSION, AS WELL AS ANY VOTE ON THAT SITUATION. FORM 990, PART VI, SECTION C, LINE 19 EACH PERSON OR BUSINESS WHO HAS ELECTRIC SERVICE WITH BARRY ELECTRIC COOPERATIVE HAS THE RIGHT TO ATTEND THE ANNUAL MEETING AND VOTE ON ANY BY-LAW CHANGES AND BOARD POSITIONS UP FOR ELECTION THAT YEAR. A COPY OF THE BY-LAWS ARE GIVEN TO EACH NEW MEMBER WHEN SERVICE IS SET UP OR TO CURRENT MEMBERS WHEN REQUESTED. CONFLICT OF INTEREST POLICIES ARE GIVEN ORALLY AT EACH ANNUAL MEETING AND AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. A COPY OF THE FORM 990 IS AVAILABLE TO MEMBERS ON THE WEBSITE AND AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART VIII, LINE 6A PERSONAL PROPERTY RENTAL REVENUES EXCLUDED FROM UNRELATED BUSINESS INCOME ARE RELATED TO POLE RENTAL INCOME. FORM 990, PART XI, LINE 9 PATRONAGE CAPITAL ASSIGNABLE 2,351,033 RETIREMENT OF CAPITAL CREDITS (682,306) OTHER CHANGES 20,652 INTEREST INCLUDED ON AUDIT NOT ON RETURN (465,241) BOOK TO TAX DEPRECIATION DIFFERENCE 5,683,283 BOOK TO TAX LEASE PAYMENT DIFFERENCE (592,209) SHARED EMPLOYEE REVENUE (609,603) A-PRIME LLC K-1 INCOME (149) EQUITY IN EARNINGS OF SUBSIDIARY 222,305 ----------------- TOTAL 5,927,765 BARRY TECHNOLOGY SERVICES LLC 4015 MAIN ST PO BOX 307 CASSVILLE MO 65625 431903308 EXCESS FIBER SALE MO BARRY ELECTRIC C CORP 268875 13467755 1.00000 true true false false false false false false false false false false false false true true false true true false BARRY TECHNOLOGY SERVICES LLC A 1066426 FMV BARRY TECHNOLOGY SERVICES LLC N 319012 FMV BARRY TECHNOLOGY SERVICES LLC O 609603 FMV BARRY TECHNOLOGY SERVICES LLC Q 663837 FMV