2025-02-02T19:13:22-06:00 2024-06-30 994625061 CRI ADVISORS LLC 922 STATE STREET SUITE 100 BOWLING GREEN KY 42101 990 2023-07-01 610375145 WARREN RURAL ELECTRIC COOPERATIVE CORPORATION WARR 2708426541 951 FAIRVIEW AVENUE BOWLING GREEN KY 42101 DEWAYNE MCDONALD PRESIDENT/CEO 2708426541 2025-01-28 1 1 JENNIFER L O'CONNOR P01299778 2707820700 2025-01-28 2023 2025-03-06 01:10:19Z DEWAYNE MCDONALD 951 FAIRVIEW AVENUE BOWLING GREEN KY 42101 241440204 0 X HTTPS://WWW.WRECC.COM X 1938 KY AS A MEMBER-OWNED COOPERATIVE, WARREN RECC WILL STRIVE TO MEET THE NEEDS OF ITS MEMBERS, CUSTOMERS, AND COMMUNITIES FOR UP-TO-DATE, RELIABLE, AND COMPETITIVELY-PRICED ELECTRICITY AND OTHER UTILITY SERVICES. 7 7 182 0 0 0 0 0 243773572 241148280 150933 174725 341307 112910 244265812 241435915 0 0 0 0 14646023 14374891 0 0 0 219472280 219510749 234118303 233885640 10147509 7550275 347495705 373261510 180040830 197771115 167454875 175490395 AS A MEMBER-OWNED COOPERATIVE, WARREN RECC WILL STRIVE TO MEET THE NEEDS OF ITS MEMBERS, CUSTOMERS, AND COMMUNITIES FOR UP-TO-DATE, RELIABLE, AND COMPETITIVELY-PRICED ELECTRICITY AND OTHER UTILITY SERVICES. 0 0 233885640 239409482 PROVIDING MEMBERS, CUSTOMERS, AND COMMUNITIES COMPETITIVELY-PRICED ELECTRICITY AND OTHER UTILITY SERVICES. 233885640 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 69 0 1 182 0 0 0 0 0 0 0 0 235198207 4387563 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2708426541 951 FAIRVIEW AVENUE BOWLING GREEN KY 42101 TIM PURCELL BOARD MEMBER 5.00 X 26521 0 0 THOMAS DOTSON BOARD MEMBER 5.00 X 26521 0 0 DENNIS INGRAM BOARD MEMBER 5.00 X 26221 0 0 CHRIS GRAVIL BOARD MEMBER 5.00 X 27421 0 0 TIM WESTBROOK BOARD MEMBER 5.00 X 26521 0 0 RANDY MANN BOARD MEMBER 5.00 X 21782 0 0 PAM DECKER BOARD MEMBER 5.00 X 27721 0 0 DEWAYNE MCDONALD PRESIDENT & CEO 40.00 X 291154 0 94182 AMANDA HUNLEY VP OF ADMINISTRATIVE SERVICES 40.00 X 149522 0 67460 CHARLES MASSEY VP OF ENGINEERING & OPERATIONS 40.00 X 198054 0 42191 PATTY KANTOSKY VP OF MEMBER SERVICE & IT 40.00 X 166585 0 70523 TONY COTTRELL VP OF HR AND SAFETY 40.00 X 133222 0 30655 MARK CARDWELL OPERATIONS SUPERVISOR 40.00 X 147451 0 51915 ANDREW LINDSEY SR. MANAGER OF ENGINEERING 40.00 X 156560 0 69284 GREGG WEATHERS FOMER SR. MANAGER OF OPERATIONS 40.00 X 156850 0 62942 MICHAEL ALFORD MANAGER OF IT 40.00 X 144752 0 60199 JOHNATHAN SADLER OPERATIONS SUPERVISOR 40.00 X 145770 0 54570 1872628 0 603921 59 0 1 0 PIKE ELECTRIC INC 3190 PAYNEVILLE RD BRANDENBURG KY 40108 ELECTRICAL SERVICES 5271691 DAVIS H ELLIOT CO INC 673 BLUE SKY PKWY LEXINGTON KY 40509 ELECTRICAL SERVICES 4897097 ERVIN CABLE CONSTRUCTION LLC 450 PRYOR BLVD STURGIS KY 42459 FIBER INSTALLATION 3362857 A & G TREE SERVICE INC 207 S ENGLISH ST LEITCHFIELD KY 42754 LANDSCAPING 2431458 LOFTIS UNDERGROUND LLC 1355 GREEN MEADOW RD COOKVILLE TN 38506 CABLE INSTALLATION 2114154 11 ELECTRIC SALES 221000 233630898 233630898 OTHER ELECTRIC INCOME 221000 5665674 5665674 POLE RENTALS 221000 1851708 1851708 241148280 174725 174725 6696 4289 2407 2407 MISCELLANEOUS 221000 110503 110503 110503 241435915 239409482 0 2026433 1262640 1262640 8785482 8785482 1863370 1863370 1663509 1663509 799890 799890 89691 89691 101718 101718 44157 44157 24799 24799 144287 144287 168281 168281 1097339 1097339 1302676 1302676 4693976 4693976 1482806 1482806 402444 402444 5290895 5290895 15650410 15650410 190260 190260 PURCHASED POWER 174999318 174999318 UTILITY TAXES 6282350 6282350 MAINTENANCE 5573795 5573795 ADMIN, SUPPLIES, OTHER 1282794 1282794 688753 688753 233885640 233885640 0 0 1959126 911760 18685815 21330744 23847231 25022815 19075851 17675579 567397 551428 483982294 189572602 271204589 294409692 10738563 11737206 218080 117428 1199053 1504858 347495705 373261510 37182119 40757011 131034307 143937296 11824404 13076808 180040830 197771115 X 0 0 0 0 167454875 175490395 167454875 175490395 347495705 373261510 X 7550275 485245 X 0 1 X 1 0 5212888 5212888 478769406 189572602 289196804 294409692 CONSUMER DEPOSITS 6662590 ADVANCES TO CONSERVATION PROGRAM 955009 DEFERRED CREDITS 1451722 ACCRUED POST-RETIREMENT BENEFITS 3551591 SELF-INSURED FUND 455896 13076808 241943001 472165 472165 241470836 -34921 -34921 241435915 233920561 0 233920561 -34921 -34921 233885640 PART XI, LINE 2D - OTHER ADJUSTMENTS: SUBSIDIARY INCOME 472,165. PART XI, LINE 4B - OTHER ADJUSTMENTS: OPERATIONAL EXPENSES INCLUDED IN NET REVENUES -34,921. PART XII, LINE 4B - OTHER ADJUSTMENTS: OPERATIONAL EXPENSES INCLUDED IN NET REVENUES -34,921. X X X X 0 0 0 DEWAYNE MCDONALD PRESIDENT & CEO 276363 0 12727 0 2064 0 83267 0 10915 0 385336 0 0 0 CHARLES MASSEY VP OF ENGINEERING & OPERATIONS 185698 0 8642 0 3714 0 31733 0 10458 0 240245 0 0 0 PATTY KANTOSKY VP OF MEMBER SERVICE & IT 157875 0 7598 0 1112 0 47452 0 23071 0 237108 0 0 0 ANDREW LINDSEY SR. MANAGER OF ENGINEERING 148784 0 7350 0 426 0 46213 0 23071 0 225844 0 0 0 GREGG WEATHERS FOMER SR. MANAGER OF OPERATIONS 147249 0 6766 0 2835 0 42538 0 20404 0 219792 0 0 0 AMANDA HUNLEY VP OF ADMINISTRATIVE SERVICES 142035 0 7081 0 406 0 44389 0 23071 0 216982 0 0 0 MICHAEL ALFORD MANAGER OF IT 135783 0 6347 0 2622 0 39795 0 20404 0 204951 0 0 0 JOHNATHAN SADLER OPERATIONS SUPERVISOR 138601 0 6713 0 456 0 31499 0 23071 0 200340 0 0 0 MARK CARDWELL OPERATIONS SUPERVISOR 139914 0 6839 0 698 0 31511 0 20404 0 199366 0 0 0 TONY COTTRELL VP OF HR AND SAFETY 126179 0 5583 0 1460 0 20595 0 10060 0 163877 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS UTILIZES A COMPENSATION COMMITTEE TO MAKE A RECOMMENDATION TO THE FULL BOARD REGARDING THE CEO'S COMPENSATION. RELEVANT INFORMATION SUCH AS CURRENT COMPENSATION AND BENEFITS, SURVEY DATA, ETC. IS PROVIDED TO THE BOARD. THE ORGANIZATION HAS A WRITTEN EMPLOYMENT CONTRACT THAT INCLUDES EXPLANATIONS OF THE CEO'S DUTIES, COMPENSATION, BENEFITS, AND OTHER RELEVANT DETAILS. THE ORGANIZATION USES COMPENSATION SURVEY DATA FROM TWO SOURCES: (1) NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION, AND (2) TENNESSEE VALLEY PUBLIC POWER ASSOCIATION. THE BOARD OF DIRECTORS CONDUCTS AN ANNUAL PERFORMANCE APPRAISAL AND FROM THAT DETERMINES ANY ADJUSTMENTS TO THE CEO'S COMPENSATION. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE COOPERATIVE HOLDS AN ANNUAL MEETING EACH JUNE AND MEMBERS ARE ALLOWED TO VOTE ON DIRECTORS WHOSE TERMS HAVE EXPIRED. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS MUST APPROVE DECISION THAT INVOLVE SUBSTANTIAL TRANSFERS OF COOPERATIVE ASSETS, AMENDMENTS TO THE BYLAWS, AS WELL AS OTHER DECISIONS REQUIRING APPROVAL OF THE MEMBERS BY LAW, THE ARTICLES OF INCORPORATION, AND/OR THE COOPERATIVE'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND THE MANAGEMENT TEAM ARE REQUIRED TO COMPLETE QUESTIONNAIRES ANNUALLY TO ATTEST POLICY COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE REVIEWS EXECUTIVE SALARY ANNUALLY BY COMPARING TO INDUSTRY SURVEY DATA; COMPENSATION COMMITTEE REOMMENDS APPROPRIATE COMPENSATION TO THE FULL BOARD FOR APPROVAL. THE ORGANIZATION ALSO UTILIZES INDEPENDENT CONSULTANTS TO UPDATE THE COMPENSATION PLAN FOR ALL EMPLOYEES ON AN ANNUAL BASIS. 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. FORM 990, PART XI, LINE 9: SUBSIDIARY INCOME 472,165. ADDITIONAL INVESTMENT FROM MEMBERS 13,080. MILLENNIUM ENERGY INC 951 FAIRVIEW AVE BOWLING GREEN KY 42101 611343061 SALE & DISTRIBUTION OF NATURAL GAS KY WARREN RURAL ELECTRIC CO-OP CORP C 200341 1565698 1.00000 1 PROPANE ENERGY SERVICES INC 951 FAIRVIEW AVE BOWLING GREEN KY 42101 208737082 SALES - PROPANE KY WARREN RURAL ELECTRIC CO-OP CORP C 2094156 4123568 1.00000 1 ELECTRIC POWER SERVICES INC 951 FAIRVIEW AVE BOWLING GREEN KY 42101 611386180 HOLDING COMPANY KY WARREN RURAL ELECTRIC CO-OP CORP C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 PROPANE ENERGY SERVICES INC Q 49466 ACTUAL CASH REIMBURSEMENTS MILLENNIUM ENERGY INC Q 65966 ACTUAL CASH REIMBURSEMENTS PROPANE ENERGY SERVICES INC R 65267 ACTUAL CASH TRANSFERS MILLENNIUM ENERGY INC R 642729 ACTUAL CASH TRANSFERS