2019-11-07T10:37:41-06:00 2018-12-31 631035228 Jackson Thornton & Co PC PO Box 96 Montgomery AL 361010096 990 2018-01-01 440156103 Atchison-Holt Electric Cooperative ATCH 6607445344 PO Box 160 Rock Port MO 64482 Kevin DeChant CEO 6607445344 2019-11-01 1 Patrick Cooper P00856177 3348347660 2019-11-01 142.154.130.164 2019-11-01 15:52:20 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2018 2020-03-31 21:24:44Z Kevin DeChant PO Box 160 Rock Port MO 64482 10785683 0 X www.ahec.coop X 1938 MO Atchison-Holt Electric Cooperative is dedicated to providing our members with a reliable, competitively priced, high quality supply of electric energy, while adhering to cooperative principles and striving to improve the quality of life for all members through a highly trained, efficient staff. 9 9 19 0 0 0 0 0 10270787 10658502 18093 127181 0 0 10288880 10785683 0 0 1315767 1705250 469786 518156 0 0 0 8503327 8562277 10288880 10785683 0 0 28742109 28416019 19304586 18168628 9437523 10247391 X Atchison-Holt Electric Cooperative is dedicated to providing our members with a reliable, competitively priced, high quality supply of electric energy, while adhering to cooperative principles and striving to improve the quality of life for all members through a highly trained, efficient staff. 0 0 Atchison-Holt Electric Cooperative is a member-owned electric utility providing approximately 3,900 services. Utilizing over 1,200 miles of line, Atchison-Holt Electric Cooperative serves its members in parts of Missouri, Iowa, and Nebraska. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 19 1 0 0 0 0 0 0 0 10426148 485365 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 0 0 1 1 0 X Kevin DeChant 6607445344 18585 Industrial Road Rock Port MO 64482 Duane Klute President/ Director 1.42 X 4800 0 0 Hugh Wallace Vice President/Director 2.03 X 9200 0 0 Larry Lauman Secretary/ Director 2.78 X 12000 0 0 David Frede Treasurer/ Director 1.31 X 7600 0 0 Marvin Gubser Director 1.23 X 6400 0 0 Craig Heits Director 2.68 X 8400 0 0 Nancy Daugherty Director 1.42 X 7200 0 0 William Creed Director 1.10 X 5200 0 0 Dennis Wright Director 1.08 X 4400 0 0 Kevin P DeChant General Manager/CEO 55.00 X 164666 0 130746 Kevin R Clark CFO 55.00 X 102667 0 54877 Jerry D Clemens Line Supt 55.00 X 120705 0 119522 453238 0 305145 3 0 1 0 0 Electric Revenue 221000 9800318 9800318 Deferred Revenue 221000 500000 500000 Capital Credits 221000 332920 332920 Other Electric Revenue 221000 25264 25264 10658502 64101 64101 63080 0 63080 63080 63080 10785683 10721582 0 64101 X 1705250 518156 595813 743598 COST OF POWER 5134115 DISTRIBTUTION - MAINTEN 775732 DISTRIBUTION - OPERATIO 697157 CONSUMER ACCOUNTS 359335 256527 10785683 1474165 1069577 881637 958377 140299 96005 400354 322243 26768509 6574911 19617230 20193598 6228424 5776219 28742109 28416019 855075 666978 1622085 2124855 16758025 15303459 69401 73336 19304586 18168628 X 342937 353747 0 0 9094586 9893644 9437523 10247391 28742109 28416019 X 0 809868 X 0 1 X 1 0 173851 173851 765434 505503 259931 25829224 6069408 19759816 20193598 Subordinated Certificates 340651 F Investment in Associated Organizations 4383343 F Other Special Funds 1052225 F 5776219 Post Retirement Benefit Obligation 73336 73336 X 10285683 0 10285683 500000 500000 10785683 9080433 0 9080433 1705250 1705250 10785683 Part X, Line 2: An evaluation of whether or not it has any uncertain tax positions is determined on an annual basis by the Cooperative. While the Cooperative believes it has adequately provided for all tax positions, amounts asserted by taxing authorities could be different than the positions taken by the Cooperative. The Cooperative 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 tax authorities for years before 2015. Part XI, Line 4b - Other Adjustments: Deferred Revenue 500,000. Part XII, Line 4b - Other Adjustments: Margins assigned/assignable to members 1,705,250. X X 0 0 0 Kevin P DeChant General Manager/CEO 164666 0 0 0 0 0 104060 0 26686 0 295412 0 0 0 Kevin R Clark CFO 102667 0 0 0 0 0 29278 0 25599 0 157544 0 0 0 Jerry D Clemens Line Supt 120705 0 0 0 0 0 100237 0 19285 0 240227 0 0 0 Form 990, Part VI, Section A, line 6 As a cooperative we are owned by the members we serve. Form 990, Part VI, Section A, line 7a Members vote to elect the board of directors. Form 990, Part VI, Section A, line 7b The Cooperative may not sell, lease or otherwise dispose of, except by mortgage, all or any substantial portion of its property unless such sale, lease or other disposition is authorized at a duly held meeting of the members therof by the affirmative votes of not less than two-thirds of all members of the Cooperative. The bylaws may be altered, amended, or repealed by the members at any regular or special meeting, provided, the notice of such meeting shall have contained a copy of the proposed alteration, amendment or repeal. Form 990, Part VI, Section B, line 11b The form is reviewed for reasonableness. Any questions are addressed before the return is filed. Form 990, Part VI, Section B, line 12c The board reviews and approves the policy on an annual basis and completes the disclosure on an annual basis as well. Form 990, Part VI, Section B, line 15 The cooperative's pay grades and compensation are competitive. Pay grades are reviewed annually by upper management and may be adjusted by a competitive factor as determined by the results of competitive market surveys. The Board of Directors annually reviews the performance of the CEO and is adjusted accordingly. Form 990, Part VI, Section C, line 19 The cooperative's governing documents are the bylaws. The bylaws are given to all new members. The bylaws are also made available on our website and upon request. The conflict of interest is available upon request. Financial statements are presented annually at the member's annual meeting. The financial statements are also published annually in our member publication. Form 990, Part IX, Line 4 The instructions to the 2018 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, 2018. Form 990, Part XI, line 9: Retirement of capital credits -380,224. Change in accumulated other comprehensive income 4,287. Other changes -19,445. Assignment of current year margins to members 1,705,250. Deferred revenue -500,000.