2020-11-12T10:30:00-08:00 2019-12-31 743040374 Kevin S Kelso CPA PC PA 6700 Squibb Road Suite 215 Mission KS 66202 990 2019-01-01 370408325 McDonough Power Cooperative Inc MCDO 3038332101 1210 W Jackson Street Macomb IL 61455 Robert M Smith CEO 2020-11-12 true George Lynch P00187596 9138311150 2019 2021-04-22 16:20:28Z Robert M Smith 1210 W Jackson Street Macomb IL 61455 11984881 false X www.mcdonoughpower.com X 1938 IL McDonough Power Cooperative is a member-owned and locally controlled cooperative business whose mission is to provide high quality electric and related services in a safe, reliable and financially responsible manner for the betterment of the membership and the area it serves. 9 9 19 0 -804 0 11819849 11773784 17645 17637 29754 193460 11867248 11984881 0 839224 1114197 476704 467996 0 0 10551320 10402688 11867248 11984881 0 29266371 30844070 16210072 17039317 13056299 13804753 McDonough Power Cooperative is a member-owned and locally controlled cooperative business whose mission is to provide high quality electric and related services in a safe, reliable and financially responsible manner for the betterment of the membership and the area it serves. false false McDonough Power Cooperative supplies electric power to members in portions of Fulton, Hancock, Henderson, Knox, McDonough, Schuyler and Warren counties in West-Central Illinois. More than 5,000 households and businesses receive power from McDonough Power. 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 10 0 true 19 true false false false false false 11596392 612210 false false false X 9 9 false false false false true true true true true false false true true true true true false true true false X Scott Traser 3098332101 1210 W Jackson Street Macomb IL 61455 Robert M Smith CEO 40.00 0.00 X 158206 0 88999 Doug Bear Line Super 40.00 0.00 106605 0 82016 Scott Traser CFO 40.00 0.00 X 110636 0 76824 Clayton Wiemerslage Lineman 43.00 0.00 112341 0 27397 Joseph Wernsman Lineman 44.00 0.00 109436 0 26997 Steve Hall Director 1.00 0.00 X 5985 0 0 David Lueck Director 1.00 0.00 X 4231 0 0 Walter Lewis Director 1.00 0.00 X 4199 0 0 Michael Cox Director 1.00 0.00 X 3831 0 0 Jerry Riggins Director 2.00 0.00 X 3616 0 0 Jeffrey Moore Director 2.00 0.00 X 3399 0 0 Steven Lynn Director 1.00 0.00 X 3000 0 0 Steve Youngquist Director 1.00 0.00 X 2631 0 0 Robert Dwyer Director 1.00 0.00 X 2439 0 0 630555 302233 5 false true false Prarie Power Inc 3130 Pleasant Run Road Springfield IL 62701 Power Bills 6674427 NRECA PO Box 207452 Dallas TX 753207452 Insurance & Benefits 576889 Anixter Inc PO Box 842584 Dallas TX 753842584 Line Material 508869 Croft Electrical Contractors 226 Highway KK Troy MO 63379 Electrical Contract 334458 Spoon River Electric Cooperative PO Box 340 Canton IL 61520 Right-of-Way Clearing 254825 5 0 Capital Credits 221000 526938 526938 Miscellaneous Electric 221000 57547 57547 Sale of Electricity 221000 11189299 11189299 11773784 17637 17637 0 0 9577 9577 9577 9577 0 0 0 0 Other Non Operating 900099 183883 183883 183883 11984881 11957667 27214 0 0 0 1114197 467996 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 639668 0 1077220 0 Cost of Power 6642145 Distribution Expense 1167337 Admin & General 526098 Member Services 350220 0 11984881 0 0 0 485722 563862 0 0 1036181 1120274 0 0 0 79605 115647 336563 269991 36363201 13452946 21629076 22910255 0 0 5699224 5832577 0 31464 29266371 30844070 1216921 1471550 23957 25116 14712572 15393433 256622 149218 16210072 17039317 X 10780 150129 1572184 500922 11473335 13153702 13056299 13804753 29266371 30844070 X 0 748454 X false true X true false 274283 274283 2903548 661325 2242223 33185370 12791621 20393749 22910255 5832577 Post Retirement Benefits 149218 149218 X 11984881 11984881 11984881 10870684 10870684 1114197 1114197 11984881 Part X : FIN48 Footnote An evaluation of whether or not it has any uncertain tax positions is determined on an annual basis by the Association. While the Association believes it has adequately provided for all tax positions, amounts asserted by taxing authorities could be different than the positions taken by the Association. The Association recognizes any interest and penalties assessed by taxing authorities in income tax expense and, with few exceptions, is no longer subject to federal, state or local income tax examinations by taxing authorities for years before 2016. Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Assignment of Margins to Members $1114197 X false false false Doug Bear Line Super 104605 2000 61322 20694 188621 Robert M Smith CEO 153706 4500 67803 21196 247205 Scott Traser CFO 108636 2000 60234 16590 187460 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder McDonough Power is wholly owned by the members of the Cooperative. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body The members elect the Board of Directors. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Members of the Cooperative must ratify changes to the bylaws. Form 990, Part VI, Line 11b: Form 990 Review Process The Finance & Accounting Manager reads the current 990 and compares it to the Questionairre, the Income Statement and the prior year 990 and directs any questions to the preparer. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Any conflicts of interest are reported to the Board of Directors in a regular monthly Board Meeting. The Board of Directors discusses the issue and determines the appropriate course of action with the benefit of legal counsel. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Reviewed and set by the Board of Directors, with input from NRECA consultant. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Reviewed and set by the CEO using several compensation surveys. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Bylaws are offered to all new members; all other documents are available at any time upon request. Other Changes In Net Assets Or Fund Balances - Other Decreases Change in OCI = -$10480 Other Changes In Net Assets Or Fund Balances - Other Increases Current Year Margins Assigned to Members = $1114197 Other Changes In Net Assets Or Fund Balances - Other Increases Other Changes = $87336 Other Changes In Net Assets Or Fund Balances - Other Decreases Retirement of Capital Credits = -$442599 Form 990, Part IX, Line 4 The instructions to the 2019 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, 2019,