OZARK ELECTRIC COOPERATIVE: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- OZARK ELECTRIC COOPERATIVE (EIN 44-0380405)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-07-22
- IRS object ID
- 202522039349300012
- Schema version
- 2024v5.2
- 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 | 2025-07-22T08:42:13-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | 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 | 2025-07-22 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | 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 | $80,484,345 | 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 | 103 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $69,868,565 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $75,280,458 | CYProgramServiceRevenueAmt |
| PY Investment Income | $245,917 | PYInvestmentIncomeAmt |
| CY Investment Income | $317,644 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,943,482 | PYOtherRevenueAmt |
| CY Other Revenue | $4,851,316 | CYOtherRevenueAmt |
| PY Total Revenue | $76,057,964 | PYTotalRevenueAmt |
| CY Total Revenue | $80,449,418 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $10,631,269 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $11,052,674 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $827,011 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $927,445 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $64,599,684 | PYOtherExpensesAmt |
| CY Other Expenses | $68,469,299 | CYOtherExpensesAmt |
| PY Total Expenses | $76,057,964 | PYTotalExpensesAmt |
| CY Total Expenses | $80,449,418 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $216,370,576 | TotalAssetsBOYAmt |
| Total Assets EOY | $218,300,199 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $112,987,084 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $105,272,867 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $103,383,492 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $113,027,332 | 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 | $80,449,418 | ExpenseAmt |
| Desc | Ozark Electric purchased electric energy (575,877,409 kWh) and distributed it to 35,463 accounts over 4,937 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 | $80,449,418 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| 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 | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | 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 |
| 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 | 38 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 103 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| 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 | $73,402,577 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $7,029,577 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| 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 |
| Own Website | Yes (X) | OwnWebsiteInd |
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| PATRICK OEHLSCHLAGER | ||||||||
| General Manager | 48.00 | 0.00 | Yes (X) | $289,050 | $0 | $308,166 | ||
| KENNETH RAMING | ||||||||
| Manager Engineering | 45.00 | 0.00 | $187,289 | $0 | $124,570 | Yes (X) | ||
| STEVE SWEARINGEN | ||||||||
| Manager Operations | 50.00 | 0.00 | $163,773 | $0 | $115,103 | Yes (X) | ||
| JEFFREY SMITH | ||||||||
| Lead Lineman | 50.00 | 0.00 | $140,606 | $0 | $100,703 | Yes (X) | ||
| VINCENT ROBISON | ||||||||
| Construction Foreman | 50.00 | 0.00 | $141,505 | $0 | $77,367 | Yes (X) | ||
| CRAIG RICE | ||||||||
| Construction Foreman | 50.00 | 0.00 | $140,780 | $0 | $64,782 | Yes (X) | ||
| TORI MORRIS | ||||||||
| CFO | 45.00 | 0.00 | Yes (X) | $122,181 | $0 | $41,447 | ||
| WENDALL BOLIN | ||||||||
| Director | 15.00 | 0.00 | $28,000 | $0 | $0 | Yes (X) | ||
| RYAN POST | ||||||||
| Director | 20.00 | 0.00 | $22,400 | $0 | $0 | Yes (X) | ||
| OD COPE | ||||||||
| Director | 10.00 | 0.00 | $17,500 | $0 | $0 | Yes (X) | ||
| MICHAEL SMOTHERMAN | ||||||||
| Director through 724 | 15.00 | 0.00 | $17,500 | $0 | $0 | Yes (X) | ||
| DAREN BOWLES | ||||||||
| Director | 15.00 | 0.00 | $16,100 | $0 | $0 | Yes (X) | ||
| STEVE STONE | ||||||||
| Director | 20.00 | 0.00 | $14,000 | $0 | $0 | Yes (X) | ||
| BYRON STINE | ||||||||
| Director through 724 | 15.00 | 0.00 | $12,600 | $0 | $0 | Yes (X) | ||
| DAVID TROGDON | ||||||||
| Director | 10.00 | 0.00 | $12,600 | $0 | $0 | Yes (X) | ||
| RON CRIGHTON | ||||||||
| Director through 724 | 10.00 | 0.00 | $7,700 | $0 | $0 | Yes (X) | ||
| SCOTT MAHAFFEY | ||||||||
| Director begin 724 | 30.00 | 0.00 | $7,000 | $0 | $0 | Yes (X) | ||
| MITCHELL SIMS | ||||||||
| Director begin 724 | 20.00 | 0.00 | $5,600 | $0 | $0 | Yes (X) | ||
| KOLBY KALLWEIT | ||||||||
| Director begin 724 | 30.00 | 0.00 | $5,600 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,351,784 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $832,138 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 47 | 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 |
|---|---|---|---|---|---|
| Riggs Tree Service | |||||
| 59575 E 290 Rd | Grove | OK | 74344 | Tree trimming | $2,560,552 |
| Kiowa Line Builders | |||||
| 801 Highway 5 South | Tipton | MO | 65081 | Electric line construction | $1,398,929 |
| Vaught Tree Service | |||||
| 22065 State Hwy TT | Crane | MO | 65633 | $743,180 | |
| APEX Right of Way | |||||
| PO Box 788 | Marshall | AR | 72650 | ROW Spraying | $215,326 |
| USIC Locating Services | |||||
| PO Box 715409 | Cincinnati | OH | 45271 | Line locating | $195,276 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Electricity Billings | 221000 | $74,548,797 | $74,548,797 |
| PenaltyService Revenue | 221000 | $705,296 | $705,296 |
| Other Electric Revenue | 221000 | $26,365 | $26,365 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $75,280,458 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $282,815 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $282,815 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $401,913 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $401,913 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $401,913 | TotalRevenueColumnAmt |
| Exclusion | $401,913 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $60,925 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $26,096 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $34,829 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,829 | TotalRevenueColumnAmt |
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 | $9,881 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $8,831 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,050 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Pat Cap Power Supplier | 900099 | $3,536,099 | $3,536,099 |
| Pat Cap Other | 900099 | $912,254 | $912,254 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $4,448,353 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $80,449,418 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $80,011,626 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $401,913 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,052,674 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $927,445 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,305,820 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,081,829 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| Cost of Purchased Power | $38,876,524 |
| Distribution Exp OpMaint | $13,900,492 |
| Consumer AcctsSales | $2,498,752 |
| AdminGeneral | $2,504,139 |
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 | $80,449,418 | 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 | $2,125,447 | BOYAmt |
| EOY | $1,946,915 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,443,658 | BOYAmt |
| EOY | $2,176,581 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,445,319 | BOYAmt |
| EOY | $3,911,530 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,162,330 | BOYAmt |
| EOY | $2,933,921 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $402,317 | BOYAmt |
| EOY | $461,525 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $218,718,302 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $59,984,775 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $155,093,964 | BOYAmt |
| EOY | $158,733,527 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,927,027 | BOYAmt |
| EOY | $42,535,806 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,770,514 | BOYAmt |
| EOY | $5,600,394 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $216,370,576 | BOYAmt |
| EOY | $218,300,199 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,348,878 | BOYAmt |
| EOY | $8,903,855 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,220,177 | BOYAmt |
| EOY | $95,000,099 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,418,029 | BOYAmt |
| EOY | $1,368,913 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $112,987,084 | BOYAmt |
| EOY | $105,272,867 | 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 | $103,383,492 | BOYAmt |
| EOY | $113,027,332 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,383,492 | BOYAmt |
| EOY | $113,027,332 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $216,370,576 | BOYAmt |
| EOY | $218,300,199 | 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 | $9,643,840 | 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
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 | $7,046,061 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,399,578 | DepreciationAmt |
| Book Value | $4,646,483 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,372,742 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,279,353 | DepreciationAmt |
| Book Value | $3,093,389 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $201,968,210 | OtherCostOrOtherBasisAmt |
| Depreciation | $51,305,844 | DepreciationAmt |
| Book Value | $150,662,366 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $158,733,527 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Pat cap from power suppli | $37,738,520 | C |
| Pat cap from financing | $1,965,679 | C |
| Pat cap from materials su | $1,682,515 | C |
| Pat cap from software sup | $192,510 | C |
| Cap term certificates fro | $956,582 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $42,535,806 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Def Credit energy prepay | $568,744 |
| Def Credit - pole rental | $381,344 |
| Consumer deposits | $552,247 |
| PBO | -$133,422 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,368,913 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $80,449,418 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $80,449,418 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $80,449,418 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $69,396,744 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $69,396,744 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $11,052,674 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $11,052,674 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $80,449,418 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part XII, Line 4b-Other expenses not included on Sch D but on 990 | This amount is reported on the Form 990, Part IX, Line 4 per instructions. It is not an expense on the audited financial statements. It represents margins for 2024 and shows an increase in equity on the audited financial statements. |
| Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) | An evaluation of whether or not any uncertain tax positions exist 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 in income tax expense and, with few exceptions, is no longer subject to federal, state, or lorcal income tax examinations by authorities for years before 2021. |
Schedule J IRS990ScheduleJ
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| PATRICK OEHLSCHLAGER | ||||
| General Manager | $289,050 | $237,315 | $70,851 | $597,216 |
| KENNETH RAMING | ||||
| Manager Engineering | $187,289 | $75,501 | $49,069 | $311,859 |
| STEVE SWEARINGEN | ||||
| Manager Operations | $163,773 | $71,182 | $43,921 | $278,876 |
| TORI MORRIS | ||||
| CFO | $122,181 | $8,680 | $32,767 | $163,628 |
| JEFFREY SMITH | ||||
| Lead Lineman | $140,606 | $62,996 | $37,707 | $241,309 |
| VINCENT ROBISON | ||||
| Construction Foreman | $141,505 | $39,418 | $37,949 | $218,872 |
| CRAIG RICE | ||||
| Construction Foreman | $140,780 | $27,027 | $37,755 | $205,562 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (23 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part VI Line 4 | The bylaws, Article IV Section 4, were amended to allow the nomionation |
| Part VI Line 4 | period for the BOD to be Jan 1 - March 31. |
| Part VI Line 6 | Each consumer receiving electric service is a member. |
| Part VI Line 7a | The membership elects the 9 member Board of Directors; 3 are elected |
| Part VI Line 7a | at 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 | prior to submission 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 publushed in an annual report for members that |
| Part VI Line 19 | is distributed; it is also online. The bylaws are given when service begins |
| Part XI Line 9 | 2024 margins added to pat cap; reallocation of uncl pat cap; retirement |
| Part XI Line 9 | of PY pat cap to membership; pmt of reallocated pat cap & donated capital |
| Part VII, Line 1b, Column F | Column F includes a "reasonable estimate" of the annual increase or |
| Part VII, Line 1b, Column F | decrease in the actuarial value of a benefit plan. As a qualified benefit |
| Part VII, Line 1b, Column F | plan, the RS Plan Ozark uses falls under this umbrella of required |
| Part VII, Line 1b, Column F | reporting. The annual change in actuarial value comes from NRECA. NRECA |
| Part VII, Line 1b, Column F | uses a single projected retirement date and a single set of actuarial |
| Part VII, Line 1b, Column F | assumptions for each person for all calculations. |