2021-10-06T13:06:22-05:00 2020-12-31 BKD LLP PO BOX 3667 LITTLE ROCK AR 722033667 990 2020-01-01 430233223 CUIVRE RIVER ELECTRIC COOPERATIVE INC % WENDY MCELVAIN CUIV 8003923709 PO BOX 160 TROY MO 63379 DOUG TRACY MANAGER/CEO 8003923709 2021-09-24 true DOUG TRACY 000000000 AMBER SHERRILL P00748683 5013721040 2 2020 2022-09-23 18:48:47Z WENDY MCELVAIN PO BOX 160 TROY MO 633790160 127184264 false X CUIVRE.COM X 1941 MO DISTRIBUTE ELECTRICITY TO MEMBER CONSUMERS 12 12 138 12 0 0 0 0 128848874 126557039 402469 -1242426 384700 335704 129636043 125650317 20377 19965 9853708 8891572 15776421 16709152 0 0 0 104568512 101330773 130219018 126951462 -582975 -1301145 305819234 333243701 160626958 186333193 145192276 146910508 BE A PROGRESSIVE LEADER IN THE ENERGY INDUSTRY, EMPOWERING EMPLOYEES TO SERVE OUR MEMBERS USING INNOVATIVE ENERGY SOLUTIONS, WHILE SAFELY PROVIDING RELIABLE SERVICE AT THE LOWEST POSSIBLE COST. false false CUIVRE RIVER ELECTRIC IS AN ELECTRIC DISTRIBUTION COOPERATIVE THAT PROVIDES ELECTRIC SERVICE TO 59,572 MEMBER OWNERS false false false false false false false false false true false true false true false 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 true true false false true 49 0 true 138 true false false false false false 119154065 6211715 false false false X 12 12 false false false false true true true true true false false true true true true true true true true false MO X WENDY MCELVAIN 6365828261 1112 E CHERRY ST TROY MO 63379 X DOUG TRACY GENERAL MANAGER/CEO 50.0 0.0 X 414120 0 273217 RICHARD DIDION MANAGER OF ENGINEERING & OPS 50.0 0.0 X 226691 0 91432 KEITH STONE MANAGER OF BRANCH OFFICE 48.0 0.0 X 153876 0 119483 KEVIN HURD MANAGER, ADMINISTRATIVE SE 42.0 0.0 X 174418 0 67106 STAN WINKLE SYSTEM ENGINEER 40.0 0.0 X 134507 0 90238 MARK ZIEGLER CREW CHIEF 50.0 0.0 X 138843 0 58530 CLINT COURTNEY SUPERVISING CREW CHIEF 51.0 0.0 X 140029 0 44264 WENDY MCELVAIN MANAGER, FINANCE & ACCOUNTING 48.0 0.0 X 136149 0 38881 DIANE SAALE PRESIDENT 2.14 0.0 X X 8400 0 0 PHIL DUNK DIRECTOR 2.35 0.0 X 8200 0 0 TED HOUSE SECRETARY/TREASURER 1.64 0.0 X X 8100 0 0 DANIEL ELLIOTT DIRECTOR 1.81 0.0 X 7400 0 0 JEFF GEISENDORFER VICE PRESIDENT 1.18 0.0 X X 7400 0 0 DALE ANDERSON DIRECTOR 0.99 0.0 X 7150 0 0 MICHAEL BURKEMPER DIRECTOR 1.12 0.0 X 6300 0 0 WALTER GREGORY DIRECTOR 1.34 0.0 X 6300 0 0 DENISE O'MARA DIRECTOR 0.83 0.0 X 5800 0 0 MARK SCHULTE DIRECTOR 1.15 0.0 X 5800 0 0 TROY GALLOWAY DIRECTOR 0.33 0.0 X 3600 0 0 KEITH LUECKE DIRECTOR 0.38 0.0 X 3000 0 0 MICHAEL CHERRY DIRECTOR 0.46 0.0 X 2800 0 0 PAUL RUBY DIRECTOR 0.8 0.0 X 1800 0 0 1600683 0 783151 46 false true false COOPERATIVE BUILDING SOLUTIONS 77 W PORT PLAZA DR ST LOUIS MO 63146 CONTRACT LABOR 12395400 TOM'S TREE SERVICE ST CHARLES ROCK ROAD SAINT ANN MO 63074 TREE TRIMMING 4154446 ASPLUNDH TREE EXPERT CO 104 S MCKINLEY AVE C UNION MO 63084 TREE TRIMMING 1957158 SEDC 100 ASHFORD CENTER N ATLANTA GA 30338 SOFTWARE MAINTENANCE 1184687 ACSI CONSTRUCTION LLC 6570 HIGHWAY K TROY MO 63025 CONTRACT LABOR 655872 11 X 0 SALES OF ELECTRIC ENERGY 221000 118592422 118592422 G & T CAPITAL CREDITS 221000 7267830 7267830 OTHER CAPITAL CREDITS 221000 561643 561643 SURGE SUPPRESSOR INCOME 221000 135144 135144 126557039 233834 233834 0 0 34235 292577 34235 292577 326812 326812 49647 1525907 -1476260 -1476260 -1476260 0 0 0 0 0 0 16932 8040 8892 8892 0 125650317 126557039 -906722 19965 0 0 8891572 1185941 0 10045376 2595724 2003097 879014 0 25033 38480 0 0 0 89434 563020 725569 0 0 154111 0 0 130011 4934420 0 8432204 369 COST OF ELECTRIC POWER 79070174 CONSUMER ACCOUNTS 2877579 DISTRIBUTION EXPENSE 1443910 ADMINISTRATIVE & GENERAL 1323236 1523223 126951462 3703695 7871734 2502460 4868596 0 0 11551422 12062256 0 0 0 0 208947 183333 3620735 4198859 2066280 2695935 314486819 91314248 210113293 223172571 0 0 0 0 72052402 78190417 0 0 0 0 305819234 333243701 12378642 11435606 0 0 7080786 9795594 0 0 0 0 0 0 134717183 158940188 0 0 6450347 6161805 160626958 186333193 X 0 0 0 0 145192276 146910508 145192276 146910508 305819234 333243701 X -1301145 3019377 X X false true X true false 1581038 1581038 18436505 12087534 6348971 291847569 79226714 212620855 2621707 2621707 223172571 PATRONAGE CAPITAL-ASSOC COOPS 74757641 C INVESTMENT IN CFC 2750200 C INVESTMENT IN ASSOC ORGS 6668 C NONUTILITY PROPERTY 7234 C OTHER SPECIAL FUNDS 668674 C 78190417 0 Unamortized Gain on Debt 473601 Consumer Deposits 2379670 Accum PostRetirement Benefits 3308534 6161805 125650317 125650317 125650317 118059890 118059890 8891572 8891572 126951462 form 990, schedule d, part x, line 2 management has evaluated their income tax positions under the guidance included in asc 740. based on their review, management has not identified any material tax positions to be recorded or disclosed in the financial statements. FORM 990, SCHEDULE D, PART XII, LINE 4B PATRONAGE CAPITAL ALLOCATED $8,891,572 X X false false false DOUG TRACY GENERAL MANAGER/CEO 414120 0 0 0 0 0 256605 0 16612 0 687337 0 0 0 KEVIN HURD MANAGER, ADMINISTRATIVE SE 174418 0 0 0 0 0 57223 0 9883 0 241524 0 0 0 WENDY MCELVAIN MANAGER, FINANCE & ACCOUNTING 136149 0 0 0 0 0 18666 0 20215 0 175030 0 0 0 CLINT COURTNEY SUPERVISING CREW CHIEF 140029 0 0 0 0 0 24048 0 20216 0 184293 0 0 0 KEITH STONE MANAGER OF BRANCH OFFICE 153876 0 0 0 0 0 100061 0 19422 0 273359 0 0 0 MARK ZIEGLER CREW CHIEF 138843 0 0 0 0 0 47912 0 10618 0 197373 0 0 0 RICHARD DIDION MANAGER OF ENGINEERING & OPS 226691 0 0 0 0 0 74501 0 16931 0 318123 0 0 0 STAN WINKLE SYSTEM ENGINEER 134507 0 0 0 0 0 69914 0 20324 0 224745 0 0 0 FORM 990, SCHEDULE J, PART II, COLUMN C Retirement and other deferred compensation is not actual received annual compensation to the individual, rather it is an actuarial amount of benefits for anticipated retirement distribution upon normal retirement age. The amount is used for accounting purposes by the cooperative annually. FORM 990, PART VI, SECTION A, LINE 6 ALL CUSTOMERS OF THE COOPERATIVE ARE MEMBERS. ALL MEMBERS HAVE THE SAME RIGHTS TO ELECT INDIVIDUALS TO THE BOARD OF DIRECTORS AND VOTE ON BY LAW REVISIONS. MEMBERS RECEIVE PATRONAGE CAPITAL ALLOCATIONS BASED ON THEIR ELECTRIC REVENUE CONTRIBUTED LESS POWER COSTS. FORM 990, PART VI, SECTION A, LINE 7A ALL BOARD MEMBERS ARE ELECTED BY THE MEMBERSHIP OF THE COOPERATIVE AT THE ANNUAL MEETING IN PERSON OR BY ABSENTEE VOTING. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE COOPERATIVE VOTE TO APPROVE BYLAW CHANGES EACH YEAR AT THE ANNUAL MEETING IN PERSON OR BY ABSENTEE VOTING. FORM 990, PART VI, SECTION B, LINE 11B A PRELIMINARY COPY IS PRESENTED TO THE BOARD OF DIRECTORS, CEO AND MANAGER OF FINANCE & ACCOUTING. THE RETURN IS REVIEWED AT A MONTHLY BOARD MEETING AND ANY CHANGES RE COMMUNICATED TO THE TAX PREPARER. ONCE FINAL CHANGES ARE MADE, THE BOARD AND MANAGEMENT AUTHORIZE IT FOR SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS COMPLETE A QUESTIONNAIRE ANNUALLY. FORM 990, PART VI, SECTION B, LINES 15A & 15B THE ORGANIZATION HAS A WAGE & SALARY PLAN IN PLACE WITH EACH JOB POSITION ASSIGNED A CLASSIFICATION LEVEL. THIS PLAN IS REVIEWED ANNUALLY BY THE CEO AND MANAGER OF ADMINISTRATION AND PRESENTED TO THE BOARD FOR APPROVAL OF WAGE ADJUSMENTS. THE REVIEW INCLUDES COMPARING CREC'S PLAN TO A NATIONAL COMPENSATION SURVEY PROVIDED BY NRECA, PLANS OF COOPERATIVES OF SIMILAR SIZE AND DEMOGRAPHICS AND PLANS OF BUSINESSES IN METROPOLITAN AREAS. THE BOARD OF DIRECTORS REVIEWS THE CEO COMPENSATION. AN ANALYSIS IS CONDUCTED AND A FULL REPORT IS PRESENTED TO THE MANAGER OF HUMAN RESOURCES, CEO, AND BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VIII, LINE 6A PERSONAL PROPERTY RENTAL REVENUES EXCLUDED FROM UNRELATED BUSINESS INCOME ARE RELATED TO POLE RENTAL INCOME. FORM 990, PART XI, LINE 9 2020 PATRONAGE ALLOCATED TO MEMBERS: $8,891,572 RETIREMENT OF CAPITAL CREDITS: $(5,885,513) UNCLAIMED CAPITAL CREDITS: $828,998 ACTUARIAL GAIN: $160,040 OTHER: $(975,720) --------------- TOTAL OTHER CHANGES $3,019,377 FORM 990, PART XII, LINE 2C THE ORGANIZATION'S BOARD OF DIRECTORS ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS NOT CHANGED THE OVERSIGHT FROM PRIOR YEARS. CUIVRE RIVER ELECTRIC TRUST 1112 EAST CHERRY STREET TROY MO 63379 431789426 CHARITY MO 501(C)(3) 7 CREC true CUIVRE RIVER ELECTRIC SERVICE CO 1112 EAST CHERRY STREET TROY MO 63379 431439246 INACTIVE MO CREC C CORPORATION 0 0 1.00000 true false false false false false false false false false false false false false false false false false false false