2021-10-12T10:00:07-05:00 2020-12-31 821349697 Dennis G Koch & Associates LLC PO Box 1007 Quincy IL 62306 990 2020-01-01 440241597 Farmers Electric Cooperative Inc FARM 6606464281 201 W Business Hwy 36 Chillicothe MO 64601 Rod Cotton General Manager 6606464281 2021-10-04 1 Rod Cotton XXX-XX-XXXX Dennis G Koch P01210686 2172248484 2021-10-04 X 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Rod Cotton 201 W Business Hwy 36 Chillicothe MO 64601 30922312 0 X http://www.fec-co.com/ X 1938 MO Safety, Member-Owned, Delivery of Power 7 7 48 0 0 0 0 0 31876487 30828644 148145 93668 0 0 32024632 30922312 0 0 1401253 1406212 465089 403641 0 0 0 27881182 27508580 29747524 29318433 2277108 1603879 100814950 105014049 62158522 65792445 38656428 39221604 The Cooperative provides electric energy to its members on a cooperative basis. Margins are allocated annualy to the membership. 0 0 29318433 30922312 Distribution and sale of electricity to cooperative member/owners 29318433 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 1 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 0 0 1 32 0 1 48 1 0 0 0 0 0 30326570 595742 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 X X The Organization 6606464281 201 W Business Hwy 36 Chillicothe MO 64601 Rodney Cotton General Manager 60.00 X 193605 0 88411 Troy Hermanson Operations Manager 50.00 X 121352 0 51125 Kinnison McKay CFO 50.00 X 109245 0 31552 Warren Minnis Substation Serviceman 44.00 X 101251 0 69438 Darrell Underwood Substation Serviceman 46.00 X 106063 0 42939 Aaron Wagers Lead Lineman 44.00 X 101671 0 79511 Leroy Kern President 3.00 X X 7500 0 0 W D Richards Vice President 4.00 X X 7000 0 0 Warren Hoyt Treasurer 3.00 X X 7000 0 0 Arzy Bisbee Jr Secretary 3.00 X X 7000 0 0 Glen Waters Director 3.00 X 8000 0 0 Toni Cox Director 2.00 X 9000 0 0 Larry Muck Asst Secretary 5.00 X X 8500 0 0 787187 0 362976 6 0 1 0 Kiowa Line Builders Inc PO Box 721 Tipton MO 65081 Line Construction 268962 Mid-West ROW HC79 Box 1728 Pittsburgh MO 65724 ROW Maintenance 187526 Asplundh Tree Expert Co PO Box 827464 Philadelphia PA 19182 ROW Maintenance 135201 Power Line Consultants LLC 614 Wal-Mart Dr PMB 122 Farmington MO 63640 Line Construction 119811 Allgeier martin & Associates PO Box 2627 Joplin MO 64803 Line Construction 104799 5 Sales of Energy 221000 29404919 29404919 Capital Credits 221000 1172313 1172313 Other Electric Revenue 221000 251412 251412 30828644 93668 93668 30922312 30922312 0 0 1406212 1406212 403641 403641 2029441 2029441 2986519 2986519 Cost of Purchased Power 16542691 16542691 Distribution Maintenanc 2427820 2427820 Distribution Operation 1597106 1597106 General and Administrat 1153623 1153623 771380 771380 29318433 29318433 0 0 3124229 4490481 3664956 3644481 796791 554032 94420630 17900324 74790308 76520306 244343 233836 18194323 19570913 100814950 105014049 2290598 2798116 2897961 3977851 56104287 58166291 865676 850187 62158522 65792445 X 276702 278967 0 0 38379726 38942637 38656428 39221604 100814950 105014049 X 1603879 -1038703 X 0 1 X 1 0 72861 72861 2831036 1374087 1456949 91516733 16526237 74990496 76520306 Patronage Capital - NW Electric 15642878 C Patronage Capital - CFC 633812 C CFC Capital Term Certificates 862856 C Patronage Capital - Arkansas Electric 176691 C Patronage Capital - SEDC 97218 C Federated Rural Insurance 127019 C Other Cooperative Patronage 65134 C Non-utilitiy Plant in Service 547087 C Economic Development Loans 1158304 C CoBank 259914 C 19570913 Customer Deposits 706187 Post-Employment Benefits 144000 850187 29881344 0 29881344 1040968 1040968 30922312 27912221 0 27912221 1406212 1406212 29318433 Part XI, Line 4b - Other Adjustments: Increase in deferred revenues 1,040,968. Part XII, Line 4b - Other Adjustments: Patronage Capital retired shown as amounts paid to members on 990 1,406,212. X 0 0 0 Rodney Cotton General Manager 193605 0 0 0 0 0 70803 0 17608 0 282016 0 0 0 Troy Hermanson Operations Manager 118252 0 3100 0 0 0 34951 0 16174 0 172477 0 0 0 Warren Minnis Substation Serviceman 101251 0 0 0 0 0 59855 0 9583 0 170689 0 0 0 Aaron Wagers Lead Lineman 101671 0 0 0 0 0 62718 0 16793 0 181182 0 0 0 Form 990, Part VI, Section A, line 6 The organization operates on a cooperative basis. Each customer is a member/owner of the entity and is entitled to one vote per member at the annual meeting. Form 990, Part VI, Section A, line 7a Member/owners of the Cooperative elect the Board of Directors at the annual meeting. Form 990, Part VI, Section A, line 7b Member/Owners have the ability to vote on amendments to the Cooperative's Bylaws and reserve the right to vote on the sale of the cooperative. Form 990, Part VI, Section B, line 11b Management reviews the 990 with the Board of Directors before filing the document. Form 990, Part VI, Section B, line 12c Directors are requried to report any conflicts of interest to the General Counsel of the cooperative. The General Counsel acts as the compliance officer. Form 990, Part VI, Section B, line 15 Salaries of the general manager is reviewed annually by the Board of Directors. Comparative information from industry sources and evaluation of the Manager's performance are determining factors used by the Board. Form 990, Part VI, Section C, line 18 Federal Form 990 is made available through www.guidestar.org or upon request at the Cooperative's office. Form 990, Part VI, Section C, line 19 Governing documents and financial statements are made available through www.guidestar.org or upon request at the Cooperative's office. Form 990, Part XI, line 9: Increase in memberships issued 2,265. Increase in deferred revenues -1,040,968. FEC Development Inc PO Box 680 Chillicothe MO 64601 431458918 Economic Developemnt MO C 1010 406534 1.00000 0 FEC Services Inc PO Box 680 Chillicothe MO 64601 431802350 Holding Company MO C 38620 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0