2020-11-12T05:29:23-08:00 2019-12-31 743040374 Kevin S Kelso CPA PC PA 6700 Squibb Road Suite 215 Mission KS 66202 990 2019-01-01 480502834 The Radiant Electric Cooperative RADI 6203782161 9346 Jewell Road Fredonia KS 66736 Dennis Duft Mgr of Operations COO 2020-11-12 true George Lynch P00187596 9138311150 2019 2022-01-07 14:23:13Z Dennis Duft 9346 Jewell Road Fredonia KS 66736 9444366 false X www.radiantec.coop X 1941 KS Radiant Electric Cooperative is a member based organization providing safe, reliable and cost-effective energy 7 7 19 0 0 9915297 9440860 18330 31321 117462 -27815 10051089 9444366 0 584767 89957 481050 504706 0 0 8985272 8849703 10051089 9444366 0 27295573 28884630 13633300 14942769 13662273 13941861 Radiant Electric Cooperative is a member based organization providing safe, reliable and cost-effective energy false false Utilizing approximately 1,502 miles of transmission and distribution lines, Radiant Electric Cooperative, Inc. provided 67,174,943 Kilowatt-Hours of electric energy to its members located predominately in the rural ares of Montgomery and Wilson Counties. 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 21 0 true 19 true false false false false false 10108402 292704 false false false X 7 7 false false false false true true true true true false false false true true true false false true true false X Michael L Springer 6203782161 PO Box 390 Fredonia KS 66736 Dennis Duft COO 40.00 0.00 X 151979 0 93370 Leah M Tindle CFO 40.00 0.00 X 159931 0 70877 Sandra Smith Trustee 0.40 0.00 X 6017 0 0 Larry Felts Trustee 0.40 0.00 X 4534 0 0 Thomas E Ayers Vice President 0.40 0.00 X 4490 0 0 Michael L Springer President 0.40 0.00 X 4208 0 0 Carol Wehmeyer Trustee 0.40 0.00 X 3550 0 0 David W Engleman Secretary 0.40 0.00 X 3400 0 0 Nick Frankenbery Trustee 0.40 0.00 X 2350 0 0 340459 164247 2 false true false Anixter PO Box 642584 Dallas TX 752842584 Material Supplier 156050 Poor Boy Tree Services 273 East 410th Road Fiar Play MO 65649 Right of Way Clearing 259829 Altec PO Box 11407 Birmingham AL 352460414 Truck Purchase 148741 National Information Solutions Coop PO Box 1147 Mandan ND 58554 Computer Services 106170 NRECA PO Box 207442 Dallas TX 753207442 Retirment Benefits 827113 5 0 Capital Credits 221000 169517 169517 Other Electric Revenue 221000 64110 64110 Sale of Electricity 221000 9207233 9207233 9440860 31321 31321 0 0 0 0 0 0 0 Misc Non Operating 900099 -27815 -27815 -27815 9444366 9413045 31321 0 0 0 89957 504706 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 486157 0 921512 0 Cost of Power 4480962 Distribution Expense 1885718 Admin & General 625829 Member Services 237513 212012 9444366 0 0 0 507297 337727 430000 1635000 0 104364 850559 0 0 0 120830 29985 21781 21641 33458817 11307736 22442971 22151081 0 0 3665243 3852673 0 3087 5964 27295573 28884630 227077 427621 110220 13043145 13756310 363078 648618 13633300 14942769 X 12635 12505 13649638 13929356 13662273 13941861 27295573 28884630 X 0 279588 X false true X true false 142417 142417 2845654 673500 2172154 30470746 10634236 19836510 22151081 3852673 Other Current Liabilities 648617 Rounding 1 648618 X 9444366 9444366 9444366 9354409 9354409 89957 89957 9444366 Part X : FIN48 Footnote The Cooperative has a letter of exemption from federal income tax, issued by the Internal Revenue Service and files IRS Form 990 annually. An evaluation of whether or not it has 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 recognized 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 tax authorities for years prior to 2016. Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Margins Assigned to Members $89957 X X false false false Dennis Duft COO 151979 77799 15571 245349 Leah M Tindle CFO 159931 60842 10035 230808 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Organization is a Cooperative and the members are the owners Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body The members of the Cooperative elect the Board of Trustees each year during their annual meeting held each spring. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders The membership must approve amendments to the bylaws, as well as any disposition of property. Form 990, Part VI, Line 11b: Form 990 Review Process The Coopeative does not formally review the Form 990 with their Board. The Form 990 is reviewed by the auditors during the annual audit, as well as the Administrative Manager when completed. The Administrative Manager reconciles with the general ledger checks and balances, as well as utlizies a series of spreadsheets and IVUE Analysis documents. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The enforcemnt of this policy has not been necessary. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The Board of Directors uses comparability data when reviewing the Manager's salaries. The Managers also review similar data when setting wages for key employees. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Coopeartive will provide any governing document, policies, finanacial statements, etc to the public upon request. Other Changes In Net Assets Or Fund Balances - Other Increases Assignement of CY Margins to Members = $89957 Other Changes In Net Assets Or Fund Balances - Other Increases Other Changes = $251204 Other Changes In Net Assets Or Fund Balances - Other Increases Prior Period Adjustment Rev Recognition Chg = $458786 Other Changes In Net Assets Or Fund Balances - Other Decreases Retirement of Capital Credits to Members = -$520359 Form 990, Part IX, Line 4 The instructions to the 2019 From 990 indicate that organizations exempt under Section 502(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 dinvidends 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.