2025-07-22T08:42:13-05:00 2024-12-31 990 2024-01-01 440380405 Ozark Electric Cooperative Inc % Tori Morris OZAR 4174662144 PO Box 420 Mount Vernon MO 65712 TORI MORRIS CFO 4174662144 2025-07-22 true 2024 2025-03-06 01:10:19Z Patrick Oehlschlager PO Box 420 Mount Vernon MO 65712 80484345 false X www.ozarkelectric.com X 1937 MO The most significant activity of the organization is the distribution of electricity to members at an affordable rate 9 9 103 0 0 0 69868565 75280458 245917 317644 5943482 4851316 76057964 80449418 0 10631269 11052674 827011 927445 0 0 64599684 68469299 76057964 80449418 0 216370576 218300199 112987084 105272867 103383492 113027332 To provide distribution of reliable electricity to members at the lowest possible cost. false false 80449418 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. 80449418 false false false false false false false false true false true false true false 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 38 0 true 103 true false false false false false 73402577 7029577 false false false X 9 9 false false true false true true true true true false false true true true true true true true true false X X TORI MORRIS 4174662144 PO Box 420 Mount Vernon MO 65712 X PATRICK OEHLSCHLAGER General Manager 48.00 0.00 X 289050 0 308166 KENNETH RAMING Manager Engineering 45.00 0.00 X 187289 0 124570 STEVE SWEARINGEN Manager Operations 50.00 0.00 X 163773 0 115103 JEFFREY SMITH Lead Lineman 50.00 0.00 X 140606 0 100703 VINCENT ROBISON Construction Foreman 50.00 0.00 X 141505 0 77367 CRAIG RICE Construction Foreman 50.00 0.00 X 140780 0 64782 TORI MORRIS CFO 45.00 0.00 X 122181 0 41447 WENDALL BOLIN Director 15.00 0.00 X 28000 0 0 RYAN POST Director 20.00 0.00 X 22400 0 0 OD COPE Director 10.00 0.00 X 17500 0 0 MICHAEL SMOTHERMAN Director through 724 15.00 0.00 X 17500 0 0 DAREN BOWLES Director 15.00 0.00 X 16100 0 0 STEVE STONE Director 20.00 0.00 X 14000 0 0 BYRON STINE Director through 724 15.00 0.00 X 12600 0 0 DAVID TROGDON Director 10.00 0.00 X 12600 0 0 RON CRIGHTON Director through 724 10.00 0.00 X 7700 0 0 SCOTT MAHAFFEY Director begin 724 30.00 0.00 X 7000 0 0 MITCHELL SIMS Director begin 724 20.00 0.00 X 5600 0 0 KOLBY KALLWEIT Director begin 724 30.00 0.00 X 5600 0 0 1351784 0 832138 47 false true false Riggs Tree Service 59575 E 290 Rd Grove OK 74344 Tree trimming 2560552 Kiowa Line Builders 801 Highway 5 South Tipton MO 65081 Electric line construction 1398929 Vaught Tree Service 22065 State Hwy TT Crane MO 65633 743180 APEX Right of Way PO Box 788 Marshall AR 72650 ROW Spraying 215326 USIC Locating Services PO Box 715409 Cincinnati OH 45271 Line locating 195276 8 Electricity Billings 221000 74548797 74548797 PenaltyService Revenue 221000 705296 705296 Other Electric Revenue 221000 26365 26365 75280458 282815 282815 401913 401913 401913 401913 60925 26096 34829 34829 0 9881 8831 1050 Pat Cap Power Supplier 900099 3536099 3536099 Pat Cap Other 900099 912254 912254 4448353 80449418 80011626 0 401913 11052674 927445 4305820 6081829 Cost of Purchased Power 38876524 Distribution Exp OpMaint 13900492 Consumer AcctsSales 2498752 AdminGeneral 2504139 301743 80449418 0 0 0 2125447 1946915 7443658 2176581 3445319 3911530 3162330 2933921 402317 461525 218718302 59984775 155093964 158733527 38927027 42535806 5770514 5600394 216370576 218300199 9348878 8903855 102220177 95000099 1418029 1368913 112987084 105272867 X 103383492 113027332 103383492 113027332 216370576 218300199 X 0 9643840 X false true X true false 331289 331289 7046061 2399578 4646483 9372742 6279353 3093389 201968210 51305844 150662366 158733527 Pat cap from power suppli 37738520 C Pat cap from financing 1965679 C Pat cap from materials su 1682515 C Pat cap from software sup 192510 C Cap term certificates fro 956582 C 42535806 Def Credit energy prepay 568744 Def Credit - pole rental 381344 Consumer deposits 552247 PBO -133422 1368913 X 80449418 80449418 80449418 69396744 69396744 11052674 11052674 80449418 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. PATRICK OEHLSCHLAGER General Manager 289050 237315 70851 597216 KENNETH RAMING Manager Engineering 187289 75501 49069 311859 STEVE SWEARINGEN Manager Operations 163773 71182 43921 278876 TORI MORRIS CFO 122181 8680 32767 163628 JEFFREY SMITH Lead Lineman 140606 62996 37707 241309 VINCENT ROBISON Construction Foreman 141505 39418 37949 218872 CRAIG RICE Construction Foreman 140780 27027 37755 205562 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.