2021-11-10T14:52:40-06:00 2020-12-31 743040374 KELSO LYNCH PC PA 6700 SQUIBB RD STE 215 MISSION KS 662023252 990 2020-01-01 440156103 ATCHISON-HOLT ELECTRIC COOPERATIVE ATCH 6607445344 PO BOX 160 ROCK PORT MO 64482 KEVIN P DECHANT GENERAL MANAGER/CEO 6607445344 2021-11-10 true KEVIN P DECHANT 999009999 THOMAS F HANCOCK CPA P00501575 9138311150 2021-11-10 2020 2022-09-23 18:48:47Z KEVIN P DECHANT 9636127 false X WWW.AHEC.COOP X 1938 MO ATCHISON-HOLT ELECTRIC COOPERATIVE IS DEDICATED TO PROVIDING OUR MEMBERS WITH A RELIABLE, COMPETITIVELY PRICED, HIGH QUALITY SUPPLY OF ELECTRIC ENERGY, WHILE ADHERING TO COOPERATIVE PRINCIPLES AND STRIVING TO IMPROVE THE QUALITY OF LIFE FOR ALL MEMBERS THROUGH A HIGHLY TRAINED, EFFICIENT STAFF. 9 9 22 0 0 9198361 9484743 112361 110055 31279 41329 9342001 9636127 0 1015700 1645414 479434 828616 0 0 7846867 7162097 9342001 9636127 0 28524725 30806798 18006010 19924376 10518715 10882422 X ATCHISON-HOLT ELECTRIC COOPERATIVE IS DEDICATED TO PROVIDING OUR MEMBERS WITH A RELIABLE, COMPETITIVELY PRICED, HIGH QUALITY SUPPLY OF ELECTRIC ENERGY, WHILE ADHERING TO COOPERATIVE PRINCIPLES AND STRIVING TO IMPROVE THE QUALITY OF LIFE FOR ALL MEMBERS THROUGH A HIGHLY TRAINED, EFFICIENT STAFF. false false ATCHISON-HOLT ELECTRIC COOPERATIVE IS A MEMBER-OWNED ELECTRIC UTILITY PROVIDING APPROXIMATELY 3,300 SERVICES. UTILIZING OVER 1,290 MILES OF LINE, ATCHISON-HOLT ELECTRIC COOPERATIVE SERVES ITS MEMBERS IN PARTS OF MISSOURI, IOWA, AND NEBRASKA. false false false false false false false false false true false true false true true 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 17 0 true 22 true false false false false false 9217643 653474 false false false X 9 9 false false false false true true true true true false false false true true true false false true true false X KEVIN DECHANT 6607445344 PO BOX 160 ROCK PORT MO 64482 KEVIN P DECHANT GENERAL MANA 55.00 X 178622 0 111325 KEVIN R CLARK CFO 55.00 X 112526 0 65107 MICHAEL L DAUGHERTY LINE SUPERIN 55.00 X 103382 0 71876 BROCK E DAVIS FOREMAN 42.00 X 102965 0 37213 LARRY LAUMAN SECRETARY 2.76 X 7600 0 0 HUGH WALLACE VICE PRESIDE 1.94 X 7200 0 0 CRAIG HEITS DIRECTOR 1.27 X 6000 0 0 DUANE KLUTE PRESIDENT 1.05 X 4800 0 0 DENNIS WRIGHT DIRECTOR 0.76 X 4800 0 0 MARVIN GUBSER DIRECTOR 0.86 X 4400 0 0 NANCY DAUGHERTY DIRECTOR 0.65 X 4000 0 0 DAVID FREDE TREASURER 0.72 X 4000 0 0 WILLIAM CREED DIRECTOR 0.48 X 2800 0 0 543095 285521 4 false true false BORDER STATES INDUSTRIES PO BOX 1450 MINNEAPOLIS MN 55485 MATERIALS 736457 NRECA PO BOX 207470 DALLAS TX 75320 INS & RETIRE 636625 ALTEC INDUSTRIES INC PO BOX 11407 BIRMINGHAM AL 35246 TRK & REPAIRS 166901 ATCHISON COUNTY COLLECTOR PO BOX 280 ROCK PORT MO 64482 PROPERTY TAX 103392 4 SALE OF ELECTRICITY 221000 9051599 9051599 CAPITAL CREDITS 221000 407886 407886 MISC ELECTRIC REVENUE 221000 25258 25258 9484743 81595 81595 28460 28460 28460 28460 MISC NON OPERATING 900099 41329 41329 41329 9636127 9554532 81595 X 1645414 513180 315436 540488 775549 COST OF POWER 4173796 DISTRIBUTION EXPENSE 990248 ADMIN & GENERAL 420927 MEMBER SERVICES 261089 9636127 0 0 0 692991 665479 807552 790752 79050 83654 285009 211390 28831753 7774774 20303758 21056979 6347882 7989880 8483 8664 28524725 30806798 666499 718627 2630854 3847761 14615226 15296201 93431 61787 18006010 19924376 X 404378 466557 10114337 10415865 10518715 10882422 28524725 30806798 X 0 363707 X false true X true false 173851 173851 835197 540694 294503 27822705 7234080 20588625 21056979 INVESTMENT IN ASSOCIATED ORGAN 4781944 C OTHER SPECIAL FUNDS 2868105 C SUBORDINATED CERTIFICATES 339831 C 7989880 ACCUM PENSION/BENEFIT 61787 61787 X 8636127 8636127 1000000 1000000 9636127 7990713 7990713 1645414 1645414 9636127 SCHEDULE D, PAGE 3, PART X AN EVALUATION OF WHETHER OR NOT IT HAS ANY UNCERTAIN TAX POSITIONS 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 COULD BE DIFFERENT THAN THE POSITIONS TAKEN BY THE COOPERATIVE. THE COOOPERATIVE RECOGNIZES ANY INTEREST AND PENALTIES IN INCOME TAX EXPENSE AND, WITH FEW EXCEPTIONS, IS NO LONGER SUBJECT TO FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEAR BEFORE 2017. SCHEDULE D, PAGE 4, PART XI, LINE 4B DEFERRED REVENUE 1,000,000 SCHEDULE D, PAGE 4, PART XII, LINE 4B CURRENT YEAR MARGINS ASSIGNABLE TO MEMBERS 1,645,414 X X false false false KEVIN P DECHANT GENERAL MANAGER/CEO 178622 82219 29106 289947 KEVIN R CLARK CFO 112526 40727 24380 177633 MICHAEL L DAUGHERTY LINE SUPERINTENDENT 103382 44277 27599 175258 FORM 990 - ORGANIZATION'S MISSION ATCHISON-HOLT ELECTRIC COOPERATIVE IS DEDICATED TO PROVIDING OUR MEMBERS WITH A RELIABLE, COMPETITIVELY PRICED, HIGH QUALITY SUPPLY OF ELECTRIC ENERGY, WHILE ADHERING TO COOPERATIVE PRINCIPLES AND STRIVING TO IMPROVE THE QUALITY OF LIFE FOR ALL MEMBERS THROUGH A HIGHLY TRAINED, EFFICIENT STAFF. FORM 990, PAGE 6, PART VI, LINE 6 AS A COOPERATIVE, WE ARE OWNED BY THE MEMBERS WE SERVE. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS VOTE TO ELECT THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B THE COOPERATIVE MAY NOT SELL, LEASE OR OTHERWISE DISPOSE OF, EXCEPT BY MORTGAGE, ALL OR ANY SUBSTANTIAL PORTION OF ITS PROPERTY UNLESS SUCH SALE LEASE OR OTHER DISPOSITION IS AUTHORIZED AT A DULY HELD MEETING OF THE MEMBERS THEREOF BY THE AFFIRMATIVE VOTES OF NOT LESS THAN TWO-THIRDS OF ALL MEMBERS OF THE COOPERATIVE. THE BYLAWS MAY BE ALTERED, AMENDED , OR REPEALED BY THE MEMBERS AT ANY REGULAR OR SPECIAL MEETING, PROVIDED, THE NOTICE OF SUCH MEETING SHALL HAVE CONTAINED A COPY OF THE PROPOSED ALTERATION, AMENDMENT, OR REPEAL. FORM 990, PAGE 6, PART VI, LINE 11B GENERAL MANAGER REVIEWS THE FORM FOR REASONABLENESS BEFORE THE RETURN IS FILED. ANY QUESTIONS ARE ADDRESSED BEFORE THE RETURN IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD REVIEWS AND APPROVES THE POLICY ON AN ANNUAL BASIS AND COMPLETES THE DISCLOSURES ON AN ANNUAL BASIS AS WELL. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE PERFORMANCE OF THE CEO AND COMPENSATION IS ADJUSTED ACCORDINGLY. FORM 990, PAGE 6, PART VI, LINE 15B THE GENERAL MANAGER ESTABLISHES THE COMPENSATION LEVEL FOR ALL OTHER EMPLOYEES. THE COOPERATIVE'S PAY GRADES AND COMPENSATION ARE COMPETITIVE. PAY GRADES ARE REVIEWED ANNUALLY BY UPPER MANAGMENT AND MAY BE ADJUSTED BY A COMPETITIVE FACTOR AS DETERMINED BY THE RESULTS OF COMPETITIVE MARKET SURVEYS. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE'S GOVERNING DOCUMENTS ARE THE BYLAWS. THE BYLAWS ARE GIVEN TO ALL NEW MEMBERS. THE BYLAWS ARE ALSO MADE AVAILABLE ON OUR WEBSITE AND UPON REQUEST. THE CONFLICT OF INTEREST IS AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE PRESENTED ANNUALLY AT THE MEMBER'S ANNUAL MEETING. THE FINANCIAL STATEMENTS ARE ALSO PUBLISHED ANNUALLY IN OUR MEMBER PUBLICATION. FORM 990, PART X FORM 990, PART IX, LINE 4 THE INSTRUCTIONS TO THE 2020 FORM 990 INDICATE THAT ORGANIZATIONS EXEMPT UNDER SECTION 501 (C)(12) SHOULD REPORT "PATRONAGE DIVIDENDS PAID" TO THEIR MEMBERS IN PART IX, LINE 4 OF THE FORM 990. THE COOPERATIVE HAS INTERPRETED THE WORDS "PATRONAGE DIVIDENDS PAID" IN THE INSTRUCTIONS TO MEAN MARGINS THAT ARE ASSIGNED OR ASSIGNABLE TO THE MEMBERS. THE COOPERATIVE ASSIGNS THE NET MARGINS TO ITS MEMBERS EACH YEAR. THEREFORE, THE AMOUNT LISTED IN PART IX, LINE 4 REPRESENTS THE NET MARGINS ASSIGNABLE TO THE MEMBERS FOR THE CALENDAR YEAR ENDED DECEMBER 31, 2020. FORM 990, PART XI, LINE 9 CY MARGINS ASSIGNABLE TO MEMBERS 1,645,414 OTHER CHANGES 66,896 RETIREMENT OF CAPITAL CREDITS -348,603 DEFERRED REVENUE -1,000,000 TOTAL 363,707