2025-08-13T07:52:21-05:00 2025-03-31 363163136 LWG CPAS & ADVISORS LLC 1776 N MERIDIAN ST STE 500 INDIANAPOLIS IN 46202 990 2024-04-01 344253615 HANCOCK-WOOD ELECTRIC COOPERATIVE HANC 8004454840 1399 BUSINESS PARK DRIVE SOUTH NORTH BALTIMORE OH 45872 MELISSA SNYDER CFO 4194234841 2025-08-13 1 Brian D Cherry P01355823 3176344747 2024 2025-03-06 01:10:19Z MELISSA SNYDER 1399 BUSINESS PARK DRIVE SOUTH NORTH BALTIMORE OH 45872 54098616 0 X WWW.HWE.COOP X 1938 OH TO PROVIDE PREMIUM QUALITY SERVICE, ECONOMICALLY PRICED ELECTRICITY AND OTHER UTILITY SERVICES TO MEMBERS AND COMMUNITY. 10 10 50 0 0 0 0 0 51012197 52779734 220029 235761 1954904 1079009 53187130 54094504 21909 16416 0 0 0 2303238 0 0 0 47346235 48251502 47368144 50571156 5818986 3523348 142653265 144416943 61537150 62859196 81116115 81557747 TO PROVIDE PREMIUM QUALITY SERVICE, ECONOMICALLY PRICED ELECTRICITY AND OTHER UTILITY SERVICES TO OUR MEMBERS AND COMMUNITY. 0 0 50482150 16416 52779734 DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMERS. 50482150 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 53 0 50 1 0 0 0 0 0 0 0 52779734 1314770 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MELISSA SNYDER 4192575026 1399 BUSINESS PARK DRIVE SOUTH NORTH BALTIMORE OH 45872 Gene Baker Chairman (thru 06/12/24) 0.58 X 2700 0 0 Charles Beagle Trustee 3.85 X 8450 0 0 Ed Crawford Trustee 4.71 X 10100 0 0 Lee Anne Dierksheide Vice Chairman 3.51 X X 10975 0 0 Duane Fry Secretary/Treasurer 4.33 X X 14050 0 0 William Kale Chairman (06/25/24) 4.81 X X 10725 0 0 Timothy Phillips Trustee 3.85 X 11600 0 0 Ronald Riegle Trustee 1.72 X 9400 0 0 Brian Terry Trustee 4.18 X 11500 0 0 Max Rader Trustee 3.37 X 7650 0 0 William Barnhart President/CEO 42.85 X 287727 0 89917 Melissa Snyder CFO 39.53 X 153133 0 78495 Curtis Croy COO 41.03 X 160394 0 54653 Bradley Fisher Vice President Engineering 41.44 X 166251 0 76415 James Casey Lineman I 39.62 X 132006 0 31966 Ryan Marquette IT Manager 42.81 X 131425 0 66620 Allen Riegle Line Superintendent 44.33 X 130458 0 64137 Ryan Stearns Lineman I 41.47 X 122942 0 49598 1381486 0 511801 15 0 1 0 VAUGHN INDUSTRIES LLC 1201 E FINDLAY ST CAREY OH 43316 ELECTRIC CONTRACTOR 916698 MCRILL DRILLING 17651 STATE ROUTE 12 ARCADIA OH 44804 DIRECTIONAL DRILLING 465639 ASPLUNDH TREE EXPERT LLC 708 BALIR MILL ROAD WILLOW GROVE PA 19090 ROW CLEARING 406716 THE DAVEY TREE EXPERT COMPANY 1500 NORTH MANTUA ST KENT OH 44240 ROW CLEARING 159246 4 ELECTRIC REVENUES 221000 52198999 52198999 OTHER ELECTIC REVENUES 221000 580735 580735 52779734 203151 203151 36722 4112 32610 32610 32610 Patronage Revenue 900001 1103533 1103533 Miscellaneous Nonoperating Income 221000 -24524 -24524 1079009 54094504 52779734 0 1314770 16416 16416 824319 824319 687330 687330 791589 791589 69206 69206 19800 19800 118805 118805 208448 208448 130655 130655 540687 540687 4387369 4387369 234169 234169 200869 200869 2004345 2004345 4074962 4074962 Purchased Power 33212082 33212082 Maintenance 1988515 1988515 Customer Account Expens 530726 530726 Administrative Expense 525227 525227 5637 5637 50571156 50482150 89006 0 937899 971760 2548315 2861252 4884407 5251958 1208632 1860845 2089629 512131 142059572 34405457 105419958 107654115 25564425 25304882 142653265 144416943 7317963 5444124 54073011 55166895 146176 2248177 61537150 62859196 X 0 0 0 0 81116115 81557747 81116115 81557747 142653265 144416943 X 3523348 -3081716 X X 0 1 X 1 0 2003179 2003179 10918255 7081337 3836918 129138138 27324120 101814018 107654115 Patronage Capital Investment 20090005 F Other Investments in Associated Com 2048940 F Capital Term Certificates Issued by 628871 F Investment in Subsidiary Company 2537066 F 25304882 Customer Deposits 150713 accumulated provision for benefits 2097464 2248177 X 54094504 0 54094504 0 54094504 50571156 0 50571156 0 50571156 Part X, Line 2: Accounting for uncertain tax positions - The Company follows "Accounting for Uncertainty in Income Taxes." The generally accepted accounting principal provides detailed guidance for the consolidated financial statement recognition, measurement and disclosure of uncertain tax positions recognized in an enterprise's financial statements. The accounting principal requires an entity to recognize the consolidated financial statement impact of a tax position when it is more likely than not that the position will be sustained upon examination. The adoption of this accounting principal does not have a material effect on its financial position, results of operations or cash flows as the Company does not believe they are taking any uncertain tax positions. 0 COLLEGE SCHOLARSHIPS 6 16416 X X 0 0 0 William Barnhart President/CEO 287727 0 0 0 0 0 78555 0 11362 0 377644 0 0 0 Bradley Fisher Vice President Engineering 166251 0 0 0 0 0 47357 0 29058 0 242666 0 0 0 Melissa Snyder CFO 153133 0 0 0 0 0 41425 0 37070 0 231628 0 0 0 Curtis Croy COO 160394 0 0 0 0 0 42055 0 12598 0 215047 0 0 0 Ryan Marquette IT Manager 131425 0 0 0 0 0 40743 0 25877 0 198045 0 0 0 Allen Riegle Line Superintendent 130458 0 0 0 0 0 38329 0 25808 0 194595 0 0 0 Ryan Stearns Lineman I 122942 0 0 0 0 0 24019 0 25579 0 172540 0 0 0 James Casey Lineman I 132006 0 0 0 0 0 30880 0 1086 0 163972 0 0 0 ED CRAWFORD BOARD MEMBER 309090 HANCOCK-WOOD ELECTRIC COOPERATIVE MAKES PAYMENTS TO OHIO RURAL ELECTRIC COOPERATIVES, INC. (OEC) FOR MEMBERSHIP DUES, TRAINING, AND OTHER SERVICES. MR. CRAWFORD SITS ON THE BOARD OF DIRECTORS FOR OEC. 0 ED CRAWFORD BOARD MEMBER 33212082 HANCOCK-WOOD ELECTRIC COOPERATIVE MAKES PAYMENTS TO NATIONAL RURAL ELECTRIC COOPERATIVES ASSOCIATION (NRECA) FOR MEMBERSHIP DUES, RETIREMENT SECURITY, 401(K), AND GROUP INSURANCE BENEFITS. MR. CRAWFORD SITS ON THE BOARD OF DIRECTORS FOR NRECA.;ListTotal 1377023;ListTotal 1965022 0 Form 990, Part VI, Section A, line 6 MEMBERS OF THE COOPERATIVE OF THOSE WHOM RECEIVE ELECTRICITY FROM THE COOPERATIVE. THEY ARE CONSIDERED OWNERS OF THE COOPERATIVE AND ARE ENTITLED TO A PORTION OF THE INCOME. Form 990, Part VI, Section A, line 7a EACH OF THE COOPERATIVE'S TEN DISTRICTS VOTE FOR A TRUSTEE TO REPRESENT THEIR DISTRICT. DISTRICT ELECTIONS ARE DONE ON A ROTATING BASIS WITH EACH TRUSTEE SERVING A THREE YEAR TERM, LIMITED TO FOUR TERMS. Form 990, Part VI, Section A, line 7b MEMBERS OF THE COOPERATIVE CAN VOTE ON ANY CHANGES TO THE ARTICLES OF INCORPORATION AND CODE OF REGULATIONS AT THE ANNUAL MEMBER'S MEETING. Form 990, Part VI, Section B, line 11b THE FORM 990 IS SENT TO THE BOARD OF DIRECTORS FOR REVIEW AT THE MONTHLY BOARD MEETING. Form 990, Part VI, Section B, line 12c Form 990, Part VI, Section B, Line 12c - AnnUally, the conflict of interest policy is distributed and reviewed with the board of directors. Officers and key employees, each is requested to disclose any conflict of interest and are required to sign and return significant confirmation that the policy was received and reviewed with them. Form 990, Part VI, Section B, line 15 PERIODICALLY, COMPENSATION SURVEYS ARE CONDUCTED BY AN INDEPENDENT ORGANIZATION. THIS IS USED TO SET WAGE SCALES FOR OFFICERS AND KEY EMPLOYEES. Form 990, Part VI, Section C, line 18 TAX RETURNS ARE AVAILABLE UPON REQUEST AT THE COOPERATIVE'S OFFICE. Form 990, Part VI, Section C, line 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST OR VIA THE COOPERATIVE'S WEBSITE. FINANCIAL REPORTS ARE AVAILABLE AT THE ANNUAL MEETING. Form 990, Part XI, line 9: CAPITAL CREDIT RETIREMENTS -2,953,001. UNRECOGNIZED POSTRETIREMENT BENEFIT COST -128,715. Form 990, Part XII, Line 2c: There were no changes made from prior year. PRISM SOLUTIONS 1399 BUSINESS PARK DRIVE SOUTH NORTH BALTIMORE OH 45873 311559534 OH 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0