2025-07-25T11:42:51-04:00 2024-12-31 311413363 BHM CPA GROUP INC PO BOX 875 CIRCLEVILLE OH 431130875 990 2024-01-01 344317160 NORTH WESTERN ELECTRIC COOPERATIVE INC NORT 4196365051 4125 STATE ROUTE 576 BRYAN OH 43506 DARIN THORP PRESIDENT 4196365051 2025-07-08 true true RYAN C HIXENBAUGH CPA P01052454 7404745210 2025-07-24 2024 2025-03-06 01:10:19Z DARIN THORP 4125 STATE ROUTE 576 BRYAN OH 43506 20198786 false X WWW.NWEC.COM X 1936 OH PROVIDE ELECTRICITY TO APPROXIMATELY 5,262 RURAL MEMBER CUSTOMERS. 7 7 21 0 0 16886195 19530870 1064304 540808 31101 99203 17981600 20170881 0 1645806 1856881 1153323 1201373 0 0 15182471 17112627 17981600 20170881 0 45012147 46475249 24653725 25288565 20358422 21186684 PROVIDE ELECTRICITY TO APPROXIMATELY 5,262 RURAL MEMBER CUSTOMERS. false false DISTRIBUTION OF ELECTRICAL ENERGY TO APPOXIMATELY 5,262 CONSUMERS AND THE MAINTENANCE OF 1,080 PLUS MILES OF OVERHEAD AND UNDERGROUND DISTRIBUTION AND TRANSMISSION LINES. false false false false false false false false false true false true false true true false true 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 23 0 true 21 true false false false false false 19530870 640318 false false false X 7 7 false false false false true true true true true false false true true true true true true true false false OH X ANDREW OVERMAN 4196365051 4125 ST RT 576 BRYAN OH 43506 DARIN THORP PRESIDENT 45.00 X X 234852 0 81388 ANDREW OVERMAN CHIEF FINANC 41.00 X X 128817 0 73150 BOBBY CARTER DIRCTOR OF O 45.00 X 110570 0 67095 BRADLEY PLUMMER JOURNEYMAN L 49.00 X 110689 0 56889 CHAD LIVENSPARGER JOURNEYMAN L 43.50 X 108565 0 56607 THOMAS CLARK CREW CHIEF 48.80 X 103989 0 60384 KIM SHOUP CHAIRMAN 4.50 X X 15050 0 0 MITCH HEADLEY SECRETARY 3.00 X 14725 0 0 KEITH STARK TRUSTEE 3.50 X 14000 0 0 RYAN WEHRI VICE-CHAIRMA 2.50 X X 13825 0 0 CHRIS OBERLIN TRUSTEE 3.50 X 12850 0 0 RICHARD POLTER TRUSTEE 3.00 X 11000 0 0 JORDAN RUFFER TRUSTEE 1.00 X 5000 0 0 883932 395513 6 false true false KENT POWER INC 7800 CHILDSDALE AVE NE ROCKFORD MI 49431 PLANT CONSTRUCT 818633 SAYLOR TREE SERVICE & STUMP 5040 STATE ROUTE 18 HICKSVILLE OH 43526 ROW MAINT 386720 NATIONAL INFORMATION SOLUTIONS COOP PO BOX 1147 MANDAN ND 58554 COMPUTER SUPPOR 180648 POWER SYSTEMS ENGINEERING 2424 RIMROCK RD SUITE 300 MADISON WI 53713 ENGINEERING 168800 4 ELECTRIC SALES TO MEMBERS 19519514 19519514 METER READ & RECONNECT FEES 11356 11356 19530870 528713 528713 98923 98923 98923 98923 40000 27905 12095 12095 12095 OTHER NONOPERATING REVENUE 280 280 280 20170881 19543245 627636 1856881 450119 630422 120832 12183 35340 31378 861448 63062 670113 1347295 56656 POWER COST 12271928 TAXES 698238 DISTRIBUTION - OPERATIONS 364790 CONSUMER EXPENSE 257316 442880 20170881 0 0 0 828908 197981 2804651 3277255 1720655 1623762 652952 671699 107416 106586 48414371 16837586 29322780 31576785 9337968 8847479 236817 173702 45012147 46475249 1582826 1369836 21490889 22563148 1580010 1355581 24653725 25288565 X 20358422 21186684 20358422 21186684 45012147 46475249 X 0 -172810 1001072 X false true X true false 183579 183579 1137969 1108526 29443 47092823 15729060 31363763 31576785 PATRONAGE-BUCKEYE 6433133 C INVESTMENT IN NW OHIO PROPANE, LLC 584912 C INVESTMENT IN BUCKEYE POWER 547146 C NATIONAL RURAL UTILITIES CTCS 408880 C OTHER INVESTMENTS 321745 C PATRONAGE-RESCO 246791 C PATRONAGE-CFC 155007 C PATRONAGE-NRTC 93832 C COMMERCIAL PAPER 56033 C 8847479 ACCRUED PROPERTY TAXES 698238 ACCRUED PAYROLL & BENEFITS 503235 ACCRUED SALES & COUNTY TAX 97124 CUSTOMER DEPOSITS 39620 ACCRUED INTEREST 9029 TAX COLLECTIONS PAYABLE 8335 1355581 X SCHEDULE D, PAGE 3, PART X THE COMPANY COMPLIES WITH ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 RELATED TO UNCERTAIN TAX POSITIONS. ASC 740-10 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS TAKEN BY THE COMPANY ON ITS TAX RETURNS THAT THEY CONSIDER TO BE UNCERTAIN OR THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. TAX RETURNS FOR THE YEARS ENDED 2021, 2022 AND 2023 ARE STILL OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. false false false DARIN THORP PRESIDENT 234852 81388 316240 ANDREW OVERMAN CHIEF FINANCIAL OFR 128817 73150 201967 BOBBY CARTER DIRCTOR OF OPERATION 110570 67095 177665 BRADLEY PLUMMER JOURNEYMAN LINEMAN 110689 56889 167578 CHAD LIVENSPARGER JOURNEYMAN LINEMAN 108565 56607 165172 THOMAS CLARK CREW CHIEF 103989 60384 164373 FORM 990 PART IX, LINE 4: BENEFITS PAID TO MEMBERS. THE COOPERATIVE IS INTERPRETING THE TERM 'BENEFITS PAID TO MEMBERS' TO MEAN CAPITAL CREDITS ALLOCATED OR TO BE ALLOCATED TO MEMBERS FROM CURRENT YEAR NET MARGINS. FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF TRUSTEES IS NOMINATED AND ELECTED BY THE MEMBERSHIP AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 7B THE BOARD OF TRUSTEES ARE ELECTED FROM THE MEMBERSHIP BY THE MEMBERS. MEMBERSHIP APPROVAL IS REQUIRED FOR THE COOPERATIVE TO SELL, LEASE, MORTGAGE OR DISPOSE OF ALL OR SUBSTANTIALLY ALL ITS PROPERTY, NOT WITHSTANDING THE RIGHT OF THE TRUSTEES TO BORROW MONEY AS DEEMED APPROPRIATE BY THE BOARD OF TRUSTEES. MEMBER APPROVAL IS REQUIRED TO ALTER, AMEND OR REPEAL THE CODE OF REGULATIONS. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING. AT THE NEXT REGULARLY SCHEDULED BOARD MEETING, THE DIRECTOR OF FINANCE REVIEWS THE FORM WITH THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 12C THE COMPANY REVIEWS COMPLIANCE ON AN ANNUAL BASIS AND REQUIRES A WRITTEN AND SIGNED STATEMENT FROM INDIVIDUALS REGARDING COMPLIANCE. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION IS REVIEWED AND ESTABLISHED ANNUALLY BY THE TRUSTEES AND IS COMMENSURATE WITH THE MEDIAN COMPENSATION PAID TO SIMILARLY SITUATED EXECUTIVES OR PEER COMPANIES. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 ALLOCATED CAPITAL CREDITS RETAINED 1,856,881 CAPITAL CREDITS RETIRED -878,725 AMORTIZATION OF ACTUARIAL GAIN -5,919 REALLOCATED PATRONAGE 28,835 NWOP EQUITY ADJUSTMENT 0 TOTAL 1,001,072