2020-07-13T17:01:42-05:00 2019-12-31 363163136 LWG CPAS & ADVISORS 1776 N MERIDIAN ST STE 500 INDIANAPOLIS IN 46202 990 2019-01-01 344316639 NORTH CENTRAL ELECTRIC COOPERATIVE INC NORT 4406472133 350 STUMP PIKE ROAD ATTICA OH 44807 KRISTINE DAWSON CFO 4406472133 2020-06-30 1 BRIAN D CHERRY P01355823 3176344747 68.39.87.89 2020-06-30 10:58:29 US P D0C38AB60C307D73A90E817C68D67340FB0F463D D0C38AB60C307D73A90E817C68D67340FB0F463D 2019 2021-04-22 16:20:28Z KRISTINE DAWSON 350 STUMP PIKE ROAD ATTICA OH 44807 26213927 0 X NCELEC.ORG X 1936 OH TO PROVIDE ELECTRICITY AND RELATED SERVICES TO MEMBERS. 9 9 40 0 153 0 0 0 26912364 26049985 46703 67641 0 -3475 26959067 26114151 0 0 0 0 0 0 0 0 0 24695124 24398816 24695124 24398816 2263943 1715335 69207346 71136625 38235423 39863039 30971923 31273586 TO PROVIDE OUR MEMBER-OWNERS WITH HIGHLY RELIABLE ELECTRIC SERVICE, SUPERIOR CUSTOMER SERVICE AND INNOVATIVE ENERGY SOLUTIONS AT COMPETITIVE PRICES. 0 0 24398816 25973793 PROVIDE ELECTRICITY AND RELATED SERVICES TO MEMBERS. 24398816 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 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 49 0 1 40 1 0 0 0 0 0 0 0 26049985 64166 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 1 1 0 OH X X KRISTINE DAWSON 4406472133 350 STEMP PIKE ROAD ATTICA OH 44807 X KEVIN BISHOP SECRETARY 5.10 X X 10600 0 0 RODNEY P SNAVELY VICE PRESIDENT 4.60 X X 9950 0 0 RONALD P FRISCH TRUSTEE 4.80 X 9325 0 0 DENNIS W SCHINDLER TRUSTEE 5.50 X 9700 0 0 STEVE J SEITZ TREASURER 4.00 X X 8975 0 0 NICHOLAS W WAGNER IV TRUSTEE 7.80 X 10375 0 0 DUANE FRANKART PRESIDENT 7.80 X X 17775 0 0 DAVID GREEN TRUSTEE 3.70 X 7000 0 0 MICHAEL P SCHERGER TRUSTEE 4.10 X 7600 0 0 EDWARD VANHOOSE GENERAL MANAGER 45.00 X 94495 0 41791 KRISTINE DAWSON DIRECTOR OF FINANCE & ACCOUNTING 45.00 X 30164 0 5377 215959 0 47168 0 0 0 0 SPENCER'S TREE & LANDSCAPE 4291 KING ROAD BUCYRUS OH 44820 TREE TRIMMING 143527 BUCKEYE BORING AND EXCAVATING LLC 5688 STATE HWY 231 SYCAMORE OH 44882 CONSTRUCTION CONTRACTOR 141858 VAUGHN INDUSTRIES 1204 E FINDLEY STREET CAREY OH 43316 ENGINEERING 122989 3 RESIDENTIAL SALES 221000 16383318 16383318 COMMERCIAL SALES - LARGE 221000 4548708 4548708 COMMERCIAL SALES- SMALL 221000 3307156 3307156 PATRONAGE CAPITAL CREDITS 900001 836625 836625 PUBLIC REVENUES 221000 671612 671612 302566 302566 26049985 140205 140205 27212 99776 -72564 -72564 -72564 MERCHANDISING REVENUE 900099 153 153 MISC REVENUE/EXP 221000 -3628 -3628 -3475 26114151 25973793 153 140205 1362946 1362946 2332799 2332799 PURCHASED POWER 14895110 14895110 OPERATIONS EXPENSE 1684970 1684970 GENERAL AND ADMINISTRAT 1445239 1445239 CUSTOMER ACCOUNTS EXPEN 895381 895381 1782371 1782371 24398816 24398816 0 0 270157 1246493 360551 642480 3115606 2219014 7372 8176 648800 454996 1009662 871835 76970139 24904415 50475780 52065724 13319418 13627907 69207346 71136625 3162395 3123467 33348289 34229064 1724739 2510508 38235423 39863039 X 80980 80980 0 0 30890943 31192606 30971923 31273586 69207346 71136625 X 1715335 -1413672 X X 0 1 X 1 0 210718 210718 2708125 1720945 987180 74051296 23183470 50867826 52065724 PATRONAGE CAPITAL FROM ASSOCIATED C 11627712 C INVESTMENTS TO CAPITAL CERTIFICATES 639186 C OTHER INVESTMENTS IN ASSOC ORG - BU 1191765 C INVESTMENT IN NCAD 1000 C INVESTMENT IN FESCO 1000 C OTHER INVESTMENTS IN ASSOC ORG 50 C INVESTMENT IN HEARTLAND LLC 165129 C INVESTMENT IN COBANK 1100 C INVESTMENT IN ECONOMIC DEVELOPMENT 865 C INVESTMENTS-OTH SECS(DETAIL)-990 100 C 13627907 ACCUMULATED PROVISION FOR PENSIONS 1063342 ACCUMULATED PROVISION FOR DEFERRED 185311 CUSTOMER DEPOSITS 318485 ACCRUED EMPLOYEES LEAVE - VACATION 891374 DEFERRED CAPITAL CREDIT RETIREMENT 51996 2510508 X 26114151 0 26114151 0 26114151 24398816 0 24398816 0 24398816 PART X, LINE 2: THE COOPERATIVE BELIEVES THEY ARE NOT TAKING ANY UNCERTAIN TAX POSITIONS. EDWARD VANHOOSE SEE BELOW 14895110 0 DENNIS SCHINDLER SEE BELOW 112641 0 NICK WAGNER SEE BELOW 112641 0 SCHEDULE L, PART IV, LINE 1 MR. VANHOOSE IS THE GENERAL MANAGER OF THE COOPERATIVE AND DIRECTOR FOR BUCKEYE POWER. NORTH CENTRAL ELECTRIC COOPERATIVE HAS AN AGREEMENT TO PURCHASE POWER FROM BUCKEYE POWER. SCHEDULE L, PART IV, LINE 2 MR. SCHINDLER IS BOTH A DIRECTOR FOR THE COOPERATIVE AND WAS A DIRECTOR FOR THE STATEWIDE ORGANIZATION, OHIO RURAL ELECTRIC COOPERATIVE, UNTIL JULY 2019. THE COOPERATIVE PAYS ANNUAL DUES FOR TRAINING AND OTHER SERVICES PROVIDED BY THE STATEWIDE ORGANIZATION. SCHEDULE L, PART IV, LINE 3 MR. WAGNER IS BOTH A DIRECTOR FOR THE COOPERATIVE AND A DIRECTOR FOR THE STATEWIDE ORGANIZATION, OHIO RURAL ELECTRIC COOPERATIVE, BEGINNING IN AUGUST 2019 TO PRESENT. THE COOPERATIVE PAYS ANNUAL DUES FOR TRAINING AND OTHER SERVICES PROVIDED BY THE STATEWIDE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE COOPERATIVE EACH HAVE A VOTE AT THE ANNUAL MEETING TO ELECT DIRECTORS AND VOTE ON PROPOSED CHANGES TO THE COOPERATIVE'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP ELECTS BOARD MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE EXAMINATION AND DISCUSSION OF EACH YEAR'S FORM 990 IS PLACED ON THE AGENDA OF THE REGULAR BOARD MEETING. THE 990 IS THOROUGHLY REVIEWED. NECESSARY CHANGES, IF ANY, ARE APPROVED BY MANAGEMENT AND COMMUNICATED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED ANNUALLY TO DISCLOSE ALL INTEREST THAT COULD GIVE RISE TO CONFLICT. EACH TRUSTEE COMPLETES AND SIGNS A QUESTIONNAIRE ADDRESSING CONFLICTS OF INTEREST AND BUSINESS RELATIONSHIPS. FORM 990, PART VI, SECTION B, LINE 15 EMPLOYEE COMPENSATION LEVELS ARE REVIEWED ANNUALLY USING INDUSTRY SURVEY DATA. FORM 990, PART VI, SECTION C, LINE 18 RECORDS ARE MADE AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION C, LINE 19 BYLAWS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE AT THE ANNUAL MEETING. THIS INFORMATION IS ALSO AVAILABLE UPON REQUEST. FORM 990, PART VII, LINE 10 EDWARD VANHOOSE'S SALARY IS ALLOCATED AMONG TWO ELECTRIC COOPERATIVES. TAXABLE WAGES ALLOCATED TO LORAIN-MEDINA RURAL ELECTRIC (EIN # 34-0365430) ARE $154,175 AND OTHER BENEFITS ALLOCATED ARE $68,184. TAXABLE WAGES ALLOCATED TO NORTH CENTRAL ELECTRIC ARE $94,495 AND OTHER BENEFITS ALLOCATED ARE $41,791. LORAIN-MEDINA RURAL ELECTRIC AND NORTH CENTRAL ELECTRIC ARE NOT RELATED ENTITIES BUT SHARE THE SERVICES OF EDWARD VANHOOSE, GENERAL MANAGER. FORM 990, PART VII, LINE 11 KRISTINE DAWSON'S SALARY IS ALLOCATED AMONG TWO ELECTRIC COOPERATIVES. TAXABLE WAGES ALLOCATED TO LORAIN-MEDINA RURAL ELECTRIC (EIN # 34-0365430) ARE $49,214 AND OTHER BENEFITS ALLOCATED ARE $8,332. TAXABLE WAGES ALLOCATED TO NORTH CENTRAL ELECTRIC ARE $30,164 AND OTHER BENEFITS ALLOCATED ARE $5,377. LORAIN-MEDINA RURAL ELECTRIC AND NORTH CENTRAL ELECTRIC ARE NOT RELATED ENTITIES BUT THEY SHARE THE SERVICES OF KRISTINE DAWSON, DIRECTOR OF FINANCE AND ACCOUNTING. FORM 990, PART XI, LINE 9: PATRONAGE RETIREMENTS -770,461. UNRECOGNIZED POSTRETIREMENT BENEFIT COST -662,749. ESCHEAT & CC RETURNS/RE-WRITES 19,520. CHANGE IN MEMBERSHIPS 60. ADJUSTMENTS -42. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. FEDERATED ENERGY SERVICES COOPERATIVE INC PO BOX 475 ATTICA OH 44807 341851918 SERVICE MANAGEMENT OH C 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 FEDERATED ENERGY SERVICES COOPERATIVE INC O 471399 SEE SUPPLEMENTAL EXPLANATIONS FORM 990, SCHEDULE R, PART V, LINE 1O EDWARD VANHOOSE, GENERAL MANAGER, AND KRISTINE DAWSON, DIRECTOR OF FINANCE AND ACCOUNTING - WAGES AND BENEFITS ARE ALLOCATED AMONG NORTH CENTRAL ELECTRIC AND LORAIN-MEDINA RURAL ELECTRIC COOPERATIVES. WAGES AND BENEFITS ARE PAID BY FESCO. LORAIN-MEDINA RURAL ELECTRIC COOPERATIVE AND NORTH CENTRAL ELECTRIC PAY FESCO FOR EMPLOYEE WAGES AND BENEFITS. FESCO RECONCILES ANY AMOUNTS OWED BETWEEN THE TWO COOPERATIVES FOR THE WAGES AND BENEFITS.