2020-05-06T12:35:57-05:00 2019-12-31 208896204 Dennis G Koch CPA PO Box 1007 Quincy IL 623061007 990 2019-01-01 430188985 Boone Electric Cooperative BOON 5734494181 PO Box 797 Columbia MO 652050797 Todd Culley General Manager 5734494181 2020-04-24 1 Dennis G Koch P01210686 2172248484 2020-04-24 X 66.226.117.179 2020-04-24 10:01:50 CD P F3EE15C05745743AE87F40ACC72BB6148BB6BE1D F3EE15C05745743AE87F40ACC72BB6148BB6BE1D 2019 2020-09-23 17:36:50Z Todd Culley 1413 Rangeline St Columbia MO 65201 64344021 0 X www.booneelectric.coop X 1936 MO To provide electricity to our cooperative members 9 9 102 0 0 0 0 0 66200849 64220928 85873 123093 0 0 66286722 64344021 165011 248861 2183792 3072316 805382 802321 0 0 0 58601778 57134256 61755963 61257754 4530759 3086267 160350392 169146759 90719005 96429105 69631387 72717654 The mission of Boone Electric Cooperative is to be responsive to our members' needs by providing a dependable supply of electric energy and other services at the lowest possible cost consistent with sound business practices and cooperative principles. 0 0 61257754 248861 64344021 Retail sale of electricity to members, owners and consumers 61257754 0 0 1 0 0 0 0 0 0 1 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 1 49 0 1 102 1 0 0 0 0 0 63119303 1224718 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X The Organization 5734494181 PO Box 797 Columbia MO 652050797 Joel Bullard President 14.00 X X 29541 0 0 Wayne Wilcox Vice President 4.00 X X 25051 0 0 Frank Glenn Secretary 6.00 X X 18867 0 0 Kimberly Ponder Treasurer 4.00 X X 13600 0 0 Jay Turner Director 7.00 X 31404 0 0 Andrew Stanton Director 4.00 X 33163 0 0 Darin Schnarre Director 5.00 X 31394 0 0 John Bullard Director 5.00 X 33498 0 0 Michele Motley Director 4.00 X 6906 0 0 Karen McBride Kinkead Director 5.00 X 13083 0 0 Todd Culley CEO 50.00 X 242536 0 84633 Ryan Euliss CFO/Manager of Finance 50.00 X 163419 0 78281 Vicki Kemna Assistant Manager 45.00 X 175044 0 157814 Andrew Petri Manager of Engineering and 55.00 X 132637 0 65382 James Goodnight Operations Manager 55.00 X 130250 0 75591 Jeremy Drechsel Lead Lineman 53.00 X 127324 0 30106 Gary Blakemore Field Supervisor 48.00 X 110900 0 51825 1318617 0 543632 16 0 1 0 Hentges Tree Service Inc 5905 Old Lohman Rd Jefferson City MO 65109 ROW Clearing 573891 NISC PO Box 1147 Mandon ND 58554 Billing & Accounting Software 493241 Burbridge Tree Service LLC 4301 W Hwy 124 Harrisburg MO 65256 ROW Clearing 392442 GE Energy Mgt Services LLC PO Box 743509 Atlanta GA 30379 Energy Mgt Svcs 210811 APEX ROW LLC PO Box 1135 Morrilton AR 72110 ROW Clearing 133001 6 Sales of Energy 221000 60266427 60266427 Capital Credits 221000 3294408 3294408 Other Electric Revenues 221000 637681 637681 Non-Operating Margins 221000 22412 22412 64220928 123093 123093 64344021 64344021 0 0 248861 248861 3072316 3072316 802321 802321 3940745 3940745 5138646 5138646 Cost of Purchased Power 33933090 33933090 Distribution Exp-Mainte 4616646 4616646 Distribution Exp-Operat 3790641 3790641 Administrative and Gene 3497744 3497744 2216744 2216744 61257754 61257754 0 0 3937728 5061603 6198144 5180252 144000 108000 1365344 1276073 97609 100977 168861821 47281429 114642181 121580392 32371620 34636006 1593766 1203456 160350392 169146759 7886889 7841288 81611385 87378191 1220731 1209626 90719005 96429105 X 0 0 0 0 69631387 72717654 69631387 72717654 160350392 169146759 3086267 0 X 0 1 X 1 0 2500 2500 2500 1 AMEC PAC 2722 E McCarty St Jefferson City MO 65101 2500 5106652 5106652 5563054 5438050 125004 158192115 41843379 116348736 121580392 Boone Electric Supply Company 276 C Boone Electric Satellite Systems Inc 2431310 C A Prime LLC 7477 C NRUCFC - Capital Term Certificates 1595350 C Patronage Capital - Associated Orgs 30600844 C Miscellaneous 749 C 34636006 RUS Discount 118109 Customer Deposits 1091517 1209626 64344021 0 64344021 0 64344021 57936577 0 57936577 3321177 3321177 61257754 Part XII, Line 4b - Other Adjustments: Capital Credits Retired, reported as amounts paid to members on Form 990 3,072,316. Capital Credits donated to Boone Electric Community Trust, Reported as Grant 248,861. 1 Boone Electric Community Trust PO Box 797 Columbia MO 652050797 431790785 501(c)(3) 248861 To provide grants for economic, youth, rural development, education, health and research Part I, Line 2: The Cooperative grants unclaimed capital credits to the Boone Electric Community Trust. The Trust has a separate board of trustees who monitor and select the recipients within the Cooperative's service area. Reports are available to the Cooperative and a member of the Cooperative's management team sits on the Trust's board. 1 X 0 0 0 Todd Culley CEO 242536 0 0 0 0 0 64057 0 20576 0 327169 0 0 0 Ryan Euliss CFO/Manager of Finance 163419 0 0 0 0 0 58593 0 19688 0 241700 0 0 0 Vicki Kemna Assistant Manager 175044 0 0 0 0 0 132521 0 25293 0 332858 0 0 0 Andrew Petri Manager of Engineering and 132637 0 0 0 0 0 40657 0 24725 0 198019 0 0 0 James Goodnight Operations Manager 130250 0 0 0 0 0 50896 0 24695 0 205841 0 0 0 Jeremy Drechsel Lead Lineman 127324 0 0 0 0 0 19640 0 10466 0 157430 0 0 0 Gary Blakemore Field Supervisor 110900 0 0 0 0 0 40487 0 11338 0 162725 0 0 0 Part I, Line 3 The Board of directors approves the salary of the CEO annually, based on market conditions and information about other electric cooperatives of similar size. Central Electric Power Cooperative Generating and Transmitting Cooperative partially owned by Cooperative 33933090 The Cooperative purchases it's energy from Central Electric Power for resale to its member/consumers. 1 Form 990, Part VI, Section A, line 6 All of the Cooperative customers are members of the cooperative Form 990, Part VI, Section A, line 7a Members of the Cooperative meet at an annual meeting to vote on the board of directors and any changes to the bylaws of the Cooperative Form 990, Part VI, Section A, line 7b Cooperative member/consumers meet at an annual meeting to vote on proposed changes to the bylaws Form 990, Part VI, Section B, line 11b Copies of Federal Form 990 are reviewed by the Board of Directors and formally approved before the return is filed. Form 990, Part VI, Section B, line 12c The organization requires an annual declaration by board members with notification of any change of status during the year. The Cooperative monitors compliance with the policy. Form 990, Part VI, Section B, line 15 Compensation of the Organization's CEO is determined by the Board of Directors based on performance and comparability studies of similar organizations and documented in the minutes of the executive session of the board meetings. Form 990, Part VI, Section C, line 18 Information is available upon request Form 990, Part VI, Section C, line 19 Information on the Cooperative's governing documents are provided to all members and are available upon request from the Cooperative Central Electric Power Cooperative PO Box 269 Jefferson City MO 651020269 440542660 Generating & Transmitting Cooperative MO 501(c)(12) 0 Boone Electric Satellite Systems Inc 1413 Rangeline St Columbia MO 65201 431455156 Satellite Sales MO C 121077 2453244 1.00000 0 Boone Electric Service Company 1413 Rangeline St Columbia MO 65201 431436074 Service Company MO C 405 1.00000 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 Boone Electric Satellite Systems Inc J 25200 Cost Boone Electric Satellite Systems Inc Q 14415 Cost Boone Electric Satellite Systems Inc N Schedule R, Part V, Question 1 & 2, (n) Boone Electric Cooperative (Cooperative) collects payments for services provided by Boone Electric Satellite Systems, Inc. (Systems). Collections are remitted to Systems on a daily basis. In addition, the Cooperative provides employee labor, facilities use, accounting and record keeping, and other asministrative services to Systems. Systems reimburses the Cooperative for these services on a monthly basis, based on actual cost.