OSAGE VALLEY ELECTRIC COOPERATIVE ASSOCIATION: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- OSAGE VALLEY ELECTRIC COOPERATIVE ASSOCIATION (EIN 44-0378635)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-10-18
- IRS object ID
- 202112929349301011
- Schema version
- 2020v4.0
- 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 | 2021-10-18T10:13:21-07:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 440378635 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OSAGE VALLEY ELECTRIC COOPERATIVE ASSOCIATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | OSAG | BusinessNameControlTxt |
| Phone | 6606793131 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 470 | AddressLine1Txt |
| City | Butler | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 64730 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jarrod Campbell | PersonNm |
| Person Title | CEO/GM | PersonTitleTxt |
| Phone | 6606793131 | PhoneNum |
| Signature | 2021-10-18 | SignatureDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 1 | TrustedCustomerCd |
| OOB Security Verification | 11 | OOBSecurityVerificationCd |
| Last Submission Rqr OOB | 1 | LastSubmissionRqrOOBCd |
| Authentication Assurance Level | AAL2 | AuthenticationAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Jarrod Campbell | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 470 | AddressLine1Txt |
| City | Butler | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 64730 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $37,360,870 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.osagevalley.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1938 | FormationYr |
| Legal Domicile State | MO | LegalDomicileStateCd |
| Activity Or Mission | Osage Valley Electric Cooperative is committed to providing safe, reliable and affordable electric service in an effort to improve the quality of life and the communities of our members. The cooperative will accomplish this mission by following the Seven Cooperative Principles. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 54 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $37,148,800 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $36,375,283 | CYProgramServiceRevenueAmt |
| PY Investment Income | $75,752 | PYInvestmentIncomeAmt |
| CY Investment Income | $81,097 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,513 | PYOtherRevenueAmt |
| CY Other Revenue | $854,306 | CYOtherRevenueAmt |
| PY Total Revenue | $37,229,065 | PYTotalRevenueAmt |
| CY Total Revenue | $37,310,686 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $3,804,846 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $4,562,062 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,372,081 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,585,120 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $28,052,138 | PYOtherExpensesAmt |
| CY Other Expenses | $27,163,504 | CYOtherExpensesAmt |
| PY Total Expenses | $37,229,065 | PYTotalExpensesAmt |
| CY Total Expenses | $37,310,686 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $0 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $91,704,050 | TotalAssetsBOYAmt |
| Total Assets EOY | $96,601,857 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $48,973,336 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $50,455,947 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $42,730,714 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $46,145,910 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Osage Valley Electric Cooperative is committed to providing safe, reliable and affordable electric service in an effort to improve the quality of life and the communities of our members. The cooperative will accomplish this mission by following the Seven Cooperative Principles; Voluntary and Open Membership, Democratic Member Control, Members' Economic Participation, Autonomy and Independence, Education, Training and Information, Cooperation Among Cooperatives and Concern for Community. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $37,310,686 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $37,310,686 | RevenueAmt |
| Desc | Sold and distributed electricity to about 16,400 meters on a Cooperative basis. | Desc |
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $37,310,686 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (1) | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 57 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 54 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Members And Shr Gross Income | $35,521,596 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $770,412 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | 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 | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jarrod Campbell | PersonNm |
| Phone | 6606793131 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 470 | AddressLine1Txt |
| City | Butler | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 64730 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 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 |
|---|---|---|---|---|---|---|---|---|
| JARROD CAMPBELL | ||||||||
| CEO/GM | 40 | 0 | Yes (X) | $204,731 | $0 | $186,508 | ||
| CLINTON BENNETT | ||||||||
| FOREMAN | 51.64 | 0 | $141,175 | $0 | $89,351 | Yes (X) | ||
| JAROD MCBRAYER | ||||||||
| METERMAN/DISPATCHER | 54.16 | 0 | $144,305 | $0 | $75,459 | Yes (X) | ||
| THOMAS GOLDER | ||||||||
| FOREMAN | 53.47 | 0 | $141,167 | $0 | $70,699 | Yes (X) | ||
| RICHARD KITHCART | ||||||||
| FOREMAN | 52.60 | 0 | $140,927 | $0 | $69,639 | Yes (X) | ||
| DANIEL LEWIS | ||||||||
| FOREMAN | 52.97 | 0 | $137,608 | $0 | $64,853 | Yes (X) | ||
| MATTHEW SHARP | ||||||||
| CFO | 40 | 0 | Yes (X) | $110,888 | $0 | $51,583 | ||
| RON STEUCK | ||||||||
| PRESIDENT | 15 | 0 | Yes (X) | $26,395 | $0 | $0 | Yes (X) | |
| JACK BAKER | ||||||||
| DIRECTOR | 20 | 0 | $26,291 | $0 | $0 | Yes (X) | ||
| P D KIRCHER | ||||||||
| DIRECTOR | 8 | 0 | $25,791 | $0 | $0 | Yes (X) | ||
| RICHARD WIRSIG | ||||||||
| ASST SEC-TREASURER | 8 | 0 | Yes (X) | $25,595 | $0 | $0 | Yes (X) | |
| RAY HEUSER | ||||||||
| DIRECTOR | 16 | 0 | $25,593 | $0 | $0 | Yes (X) | ||
| GERALD STEPHAN | ||||||||
| 1ST VP | 8 | 0 | Yes (X) | $25,495 | $0 | $0 | Yes (X) | |
| PAUL ROSS | ||||||||
| DIRECTOR | 8 | 0 | $25,391 | $0 | $0 | Yes (X) | ||
| CHELLE BLACK | ||||||||
| SEC-TREASURER | 8 | 0 | Yes (X) | $24,020 | $0 | $0 | Yes (X) | |
| DAVID RAPP | ||||||||
| 2ND VP | 8 | 0 | Yes (X) | $14,056 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,239,428 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $608,092 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 28 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ASPLUNDH TREE EXPERT CO INC | |||||
| PO BOX 827464 | PHILADELPHIA | PA | 191827464 | ROW CLEARING | $1,994,010 |
| GLOBAL MAPPING SOLUTIONS LLC | |||||
| 5753 SUNFLOWER CIR | SARASOTA | FL | 34238 | GIS CONTRACTOR | $307,677 |
| GILKEY CONSTRUCTION | |||||
| 11235 NW HIGHWAY F | DEEPWATER | MO | 64740 | CONTRACTOR | $111,464 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $0 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $0 | GovernmentGrantsAmt |
| All Other Contributions | $0 | AllOtherContributionsAmt |
| Noncash Contributions | $0 | NoncashContributionsAmt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| ELECTRIC SALES | 221122 | $34,582,590 | $34,582,590 | $0 | $0 |
| SERVICE FEES | 221122 | $200,402 | $200,402 | $0 | $0 |
| TRANSMISSION ACCESS REVENUE | 221122 | $56,370 | $56,370 | $0 | $0 |
| RENTAL INCOME-POLE | 221122 | $85,524 | $85,524 | $0 | $0 |
| PATRONAGE CAPITAL CREDITS | 221122 | $1,450,397 | $1,450,397 | $0 | $0 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $36,375,283 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $51,754 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $51,754 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $61,808 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $32,465 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $29,343 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $29,343 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $29,343 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rpt Fundraising Event | $0 | ContriRptFundraisingEventAmt |
| Gross Sales Of Inventory | $16,987 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $17,719 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$732 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$732 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PPP Loan Forgiveness | Desc |
| Business | 221122 | BusinessCd |
| Total Revenue Column | $853,449 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $853,449 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,589 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,589 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $855,038 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $37,310,686 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $37,258,932 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $51,754 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,562,062 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $692,421 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,654,616 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $727,615 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,252,515 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $257,953 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,816,379 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,669,390 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,660 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| COST OF PURCHASED POWER | $17,716,426 |
| DISTRIBUTION EXPENSE | $2,753,741 |
| CUSTOMER ACCTS & SERVICE | $308,539 |
| ADMIN AND GENERAL | $1,094,796 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $680,573 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,310,686 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $897,763 | BOYAmt |
| EOY | $914,277 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,565,395 | BOYAmt |
| EOY | $4,257,176 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $773,500 | BOYAmt |
| EOY | $742,287 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,555,084 | BOYAmt |
| EOY | $2,562,812 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $93,380,972 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $23,865,261 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,279,378 | BOYAmt |
| EOY | $69,515,711 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,632,930 | BOYAmt |
| EOY | $18,609,594 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,704,050 | BOYAmt |
| EOY | $96,601,857 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,994,154 | BOYAmt |
| EOY | $2,919,751 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,316,511 | BOYAmt |
| EOY | $42,655,147 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,000,000 | BOYAmt |
| EOY | $3,123,800 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,662,671 | BOYAmt |
| EOY | $1,757,249 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,973,336 | BOYAmt |
| EOY | $50,455,947 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,730,714 | BOYAmt |
| EOY | $46,145,910 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,730,714 | BOYAmt |
| EOY | $46,145,910 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,704,050 | BOYAmt |
| EOY | $96,601,857 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $0 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $0 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $3,415,196 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $500 | PoliticalExpendituresAmt |
| Volunteer Hours | 0 | VolunteerHoursCnt |
| Expended527 Activities | $0 | Expended527ActivitiesAmt |
| Internal Funds Contributed | $500 | InternalFundsContributedAmt |
| Total Exempt Function Expend | $500 | TotalExemptFunctionExpendAmt |
| Form1120 POL Filed | Yes (1) | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Association of Missouri Electric Cooperatives Political Action Committee | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2722 East McCarty Street | AddressLine1Txt |
| City | Jefferson City | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 65101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 431441879 | EIN |
| Paid Internal Funds | $500 | PaidInternalFundsAmt |
| Contributions Rcvd Dlvr | $0 | ContributionsRcvdDlvrAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part I-A, Line 1 | FormAndLineReferenceDesc |
| Explanation | Osage Valley Electric Cooperative donates annually to the Association of Missouri Electric Cooperatives Political Action Committee (AMECPAC). AMECPAC uses those funds to support candidates and elected officials that are working on behalf of the cooperative systems in the Missouri state government. | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $289,761 | OtherCostOrOtherBasisAmt |
| Book Value | $289,761 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $2,571,392 | OtherCostOrOtherBasisAmt |
| Depreciation | $941,536 | DepreciationAmt |
| Book Value | $1,629,856 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $5,321,950 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,999,747 | DepreciationAmt |
| Book Value | $2,322,203 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $85,197,869 | OtherCostOrOtherBasisAmt |
| Depreciation | $19,923,978 | DepreciationAmt |
| Book Value | $65,273,891 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $69,515,711 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ASSOCIATED ORG-PATRONAGE CAPITAL | $17,852,662 | C |
| ASSOCIATED ORG-OTHER | $705,725 | C |
| OTHER INVESTMENTS | $7,606 | C |
| SPECIAL FUNDS | $50 | C |
| SPECIAL FUNDS | $43,551 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $18,609,594 | TotalBookValueProgramRltdAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| RETIREMENT OBLIGATION | $1,105,997 |
| CONSUMER DEPOSITS | $411,789 |
| DEFERRED CREDITS | $216,789 |
| OBLIGATIONS UNDER CAPITAL LEASE | $22,674 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,757,249 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JARROD CAMPBELL | ||||||||||||||
| CEO/GM | $201,749 | $0 | $500 | $0 | $2,482 | $0 | $154,380 | $0 | $32,128 | $0 | $391,239 | $0 | $0 | $0 |
| MATTHEW SHARP | ||||||||||||||
| CFO | $110,049 | $0 | $500 | $0 | $339 | $0 | $19,917 | $0 | $31,666 | $0 | $162,471 | $0 | $0 | $0 |
| JAROD MCBRAYER | ||||||||||||||
| METERMAN/DISPATCHER | $143,488 | $0 | $500 | $0 | $317 | $0 | $39,437 | $0 | $36,022 | $0 | $219,764 | $0 | $0 | $0 |
| CLINTON BENNETT | ||||||||||||||
| FOREMAN | $140,185 | $0 | $500 | $0 | $490 | $0 | $57,747 | $0 | $31,604 | $0 | $230,526 | $0 | $0 | $0 |
| THOMAS GOLDER | ||||||||||||||
| FOREMAN | $140,352 | $0 | $500 | $0 | $315 | $0 | $35,356 | $0 | $35,343 | $0 | $211,866 | $0 | $0 | $0 |
| RICHARD KITHCART | ||||||||||||||
| FOREMAN | $139,947 | $0 | $500 | $0 | $480 | $0 | $41,159 | $0 | $28,480 | $0 | $210,566 | $0 | $0 | $0 |
| DANIEL LEWIS | ||||||||||||||
| FOREMAN | $136,775 | $0 | $500 | $0 | $333 | $0 | $32,273 | $0 | $32,580 | $0 | $202,461 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 3 | The Board of Directors annually review and evaluate the CEO/general manager's performance and establish the compensation level for the CEO/general manager. Data concerning compensation is gathered using NRECA wage surveys and comparing like-cooperatives in the region. |
| Schedule J, Part II | Column C: Included in the increase(decrease) in actuarial value of benefits payable in the future under a defined benefit retirement plan. The contribution rate for participants in the NRECA RS Defined Benefit Plan are the same for all individuals in this multi-employer plan based on their subgroup. The change in actuarial value for each participant, however, varies with age. In other words and all other things being equal, the older a plan participant is, the greater the increase in that individual's change in actuarial value. Because this relates to a multi-employer plan, cash contributions to the plan in lieu of the actuarial increase (decrease) are treated as an expense in the financial statements. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (20 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, Line 6 | The Cooperative was organized by and for the mutual benefit of the members and does so through the sale of electric energy on a cooperative basis. |
| Form 990, Part VI, Section A, Line 7a | Each member of the Cooperative shall be entitled to vote in the election of the Board of Directors. The board consists of 9 independent directors who are elected by the membership. |
| Form 990, Part VI, Section A, Line 7b | The bylaws of the Cooperative grant members the right to vote on the removal and replacement of a director or directors, the substantial disposition of assets and amending the governing documents. Pursuant to the appropriate procedures outlined in the governing documents of the Cooperative. |
| Form 990, Part VI, Section A, Line 8b | The Cooperative does not have any committees that can make a decision without having the approval of the board. |
| Form 990, Part VI, Section B, Line 11b | Management reviews the draft of Form 990 prior to e-filing. Board reviews annual filings at monthly meetings. |
| Form 990, Part VI, Section B, Line 12c | Board of Directors and management review policies monthly at board meetings. |
| Form 990, Part VI, Section B, Line 15 | The Board of Directors annually review and evaluate the managers performance and establish the compensation level for the manager. Data concerning compensation is gathered using NRECA wage surveys and comparing like-cooperatives in the region. The manager reviews and evaluates the performance of all non-union staff and establishes compensation for those staff in accordance with budgeted amounts, NRECA wage surveys and comparing like-cooperatives in the region. Wages for staff are presented to the board and approved during the annual budget process. Union salaries are based on IBEW Local 53 contract. |
| Form 990, Part VI, Section C, Line 19 | Governing documents and financial statements are made available to the public upon request. Annual financial statements are presented to the membership at the Cooperative's annual meeting. |
| Form 990, Part VII, Section A, Line 1b | Salaried employees do not put more than eight hours per day into our payroll system. Therefore, hours show as 40 hours per week, however hours worked are greater than that. |
| Form 990, Part VII, Section A, Line 1d | Column F: Includes the actuarial increase(decrease) for participants in the NRECA RS Defined Benefit Pension Plan, health insurance premiums, employer contributions to a 401(k) plan, employee and employer contributions to a Health Savings Account and other reportable fringe benefits. These benefits are for all qualifying employees. There is a difference between the actuarial increase(decrease) for participants in the NRECA RS Defined Benefit Pension Plan and the amount the Cooperative paid in cash and expensed through the financial statements during the tax year. |
| Form 990, Part VIII, Line 2a - 2e | On March 11, 2020, the World Health Organization declared the outbreak of a coronavirus (COVID-19) pandemic. As a result, economic uncertainties arose which were likely to negatively impact patronage income. Osage Valley was deemed an essential entity and was not required to cease operations. In March 2020, Osage Valley suspended service disconnections due to nonpayment and the assessment of late payment penalties. Osage Valley did not accrued late payment penalties for the months of March and April 2020 in these financial statements, which impacted Service Fees listed on Form 990, Part VIII, Line 2b. |
| Form 990, Part VIII, Line 11a 11b 11c | Due to the economic uncertainty caused by the coronavirus (COVID-19) outbreak of 2020, the Cooperative took out a Paycheck Protection Program (PPP) Loan under the provisions of the CARES Act. The Cooperative intends to request forgiveness of the PPP loan. The request for the forgiveness of debt was awarded to the Cooperative in calendar year 2021. Recognition of the forgiveness of the PPP loan was recorded as the appropriate expenditures were made by recording a deferred charge for the eligible amounts expended. The amount shown on Form 990, Part VIII, Line 11a is the amount of the expenditures that impacted the expense accounts. The remainder of the PPP expenditures were treated as contribution in aid of construction in the plant accounts on the balance sheet to offset those expenditures that impacted capitalized labor costs. |
| Form 990, Part IX, Line 4 | The Cooperative distributes electricity to members at cost, any revenues that exceed expenses are allocated back to the membership in the form of patronage capital and treated as an expense on the Form 990. |
| Form 990, Part IX, Line 7 | Total labor reported on Part IX does not include amounts capitalized on the balance sheet during the tax year. |
| Form 990, Part IX, Line 24a - 24d | Certain expenses have been reclassified in accordance with the functional expense categories in Part IX "Functional Expenses" all other expenses are presented in accordance with the applicable Uniform System of Accounts. |
| Form 990, Part IX, Line 24e | Property Taxes $622,402 and Other Deductions $58,171. |
| Form 990, Part X, Line 9 | Due to the economic uncertainty caused by the coronavirus (COVID-19) outbreak of 2020, the Cooperative took out a Paycheck Protection Program (PPP) Loan under the provisions of the CARES Act. The Cooperative intends to request forgiveness of the PPP loan. The request for the forgiveness of debt was awarded to the Cooperative in calendar year 2021. Recognition of the forgiveness of the PPP loan was recorded as the appropriate expenditures were made by recording a deferred charge for the eligible amounts expended. Included on Form 990, Part X, Line 9 are those charges that were deferred amounting to $1,323,800. |
| Form 990, Part X, Line 24 | Due to the economic uncertainty caused by the coronavirus (COVID-19) outbreak of 2020, the Cooperative took out a Paycheck Protection Program (PPP) Loan under the provisions of the CARES Act. The Cooperative intends to request forgiveness of the PPP loan. The request for the forgiveness of debt was awarded to the Cooperative in calendar year 2021. Included on Form 990, Part X, Line 24 is the PPP loan in the amount of $1,323,800. |
| Form 990, Part XI, Line 9 | Other changes in net assets include changes in memberships, donated capital, capital credits gain and patron's capital credits during the tax year. |
| Form 990, Part XII, Line 2b | The Cooperative's financial statements are audited by an independent auditor annually based on the Cooperative's fiscal year-end of June 30th. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Osage Valley Electric Community Trust | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 470 | AddressLine1Txt |
| City | Butler | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 64730 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 431636719 | EIN |
| Primary Activities | Community Assistance | PrimaryActivitiesTxt |
| Legal Domicile State | MO | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Osage Valley Technologies LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 470 | AddressLine1Txt |
| City | Butler | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 64730 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141876332 | EIN |
| Primary Activities | Telecommunications | PrimaryActivitiesTxt |
| Legal Domicile State | MO | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $0 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $0 | ShareOfEOYAssetsAmt |
| Ownership | 1 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Extra time was needed to gather the required information to complete the form. | ExplanationTxt |