2025-11-12T15:45:56-06:00 2024-12-31 363163136 LWG CPAS & ADVISORS 101 WEST OHIO STREET SUITE 1401 INDIANAPOLIS IN 46204 990 2024-01-01 370524860 SOUTHEASTERN ILLINOIS ELECTRIC COOP INC SOUT 6182732611 PO BOX 1001 CARRIER MILLS IL 62917 DUSTIN TRIPP PRESIDENT/CEO 6182732611 2025-11-12 1 1 BRIAN D CHERRY P01355823 3176344747 2024 2025-03-06 01:10:19Z DUSTIN TRIPP PO BOX 1001 CARRIER MILLS IL 62917 96085921 0 X WWW.SEIEC.COM X 1938 IL DISTRIBUTION SALES OF ELECTRICITY TO APPROX 25,000 MEMBER-OWNERS ON A PATRONAGE BASIS. 11 11 77 0 -4952 0 0 0 92993189 95942933 109525 145234 40656 -2246 93143370 96085921 0 0 7077257 5228748 13522528 14006812 0 0 0 72543585 76850361 93143370 96085921 0 0 226470639 234919302 87846077 92925550 138624562 141993752 DISTRIBUTION SALES OF ELECTRICITY TO MEMBER-OWNERS ON A PATRONAGE BASIS. 0 0 95923254 0 95945639 PROVIDE ELECTRIC SERVICE TO MEMBER-OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF 25,156 PER MONTH. 95923254 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 40 0 77 1 1 1 0 0 0 0 93239977 2845944 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X DUSTIN TRIPP 6182732611 PO BOX 1001 CARRIER MILLS IL 62917 DALE SCHIERBAUM CHAIRMAN 2.15 X X 13510 0 0 SHANE CROSLIN VICE CHAIRMAN 1.08 X X 8510 0 0 PAMELA BRAMLET SECRETARY/TREASURER 1.96 X X 11510 0 0 GARY HISE TRUSTEE 2.62 X 7506 0 0 BRIAN JOYNER TRUSTEE 1.62 X 7010 0 0 JOSEPH MARLO TRUSTEE 4.79 X 16510 0 0 TIFFANY MORHET TRUSTEE 2.56 X 10010 0 0 ROBERT KEITH OGLESBY TRUSTEE 1.48 X 7509 0 0 RICHARD RISTER TRUSTEE 5.00 X 12510 0 0 JAMES SCHERRER TRUSTEE 3.08 X 10010 0 0 TIM SPIVEY TRUSTEE 1.67 X 7510 0 0 DUSTIN TRIPP PRESIDENT & CEO 40.77 X 374643 0 235473 TORRY SCHLOZ ACCOUNTING & FINANCE MANAG 40.00 X 131285 0 37819 JEFFREY NEUMAN OPERATIONS MANAGER 40.77 X 176741 0 132293 JEFFREY CRISP ROW & FLEET MANAGER 42.31 X 182885 0 140716 ROBERT ROBINSON UTILITY SERVICEMAN 49.50 X 156418 0 83613 MAVERICK MARVEL UTILITY SERVICEMAN 49.50 X 154374 0 83907 ANTHONY JORDAN LINE FOREMAN 47.94 X 151279 0 85035 WILLIAM SWEAT OPERATIONS MANAGER 38.46 X 150238 0 98597 COREY LEWIS UTILITY SERVICEMAN 46.57 X 149950 0 75336 RYAN FRAULINI JOURNEYMAN LINEMAN 47.66 X 147066 0 77472 DONALD BASINGER UTILITY SERVICEMAN 50.62 X 146131 0 83881 TRAVIS SHORTLAND UTILITY SERVICEMAN 48.18 X 145868 0 83267 TRAVIS JONES ENGINEERING & PURCHASING MANAGER 42.31 X 145693 0 115711 2324676 0 1333120 46 0 1 0 ASPLUNDH 708 BLAIR MILL ROAD WILLOW GROVE PA 19090 RIGHT OF WAY CLEARING 2177214 GILL TREE CARE 2838 WASHINGTON ST AVONDALE ESTATES GA 30002 RIGHT OF WAY CLEARING 1026328 INTREN LLC 18202 W UNION RD UNION IL 60180 LINE CONSTRUCTION 759355 LE MYERS CO 6220 S BELMONT ST INDIANAPOLIS IN 46217 LINE CONSTRUCTION 650517 OSMOSE UTILITIES SERVICES CO 191 PEACHTREE RD NE 500 ATLANTA GA 30303 POLE TESTING 338063 8 ELECTRIC REVENUES 221000 92258964 92258964 CAPITAL CREDITS REVENUE 900001 2702956 2702956 OTHER REVENUES 221000 981013 981013 95942933 145234 145234 WATER HEATERS 900099 2706 2706 SOUTHERN SERVICES LLC 900000 -4952 -4952 -2246 96085921 95945639 -4952 145234 X 5228748 5228748 891325 891325 7463965 7463965 3759470 3759470 1207842 1207842 684210 684210 98319 98319 64348 64348 190136 190136 164064 164064 544441 544441 3299506 3299506 6022278 6022278 PURCHASED POWER 64295470 64295470 MAINTENANCE EXPENSE 5968155 5968155 OPERATIONS EXPENSE 1701519 1701519 ADMINISTRATIVE & GENERA 1483620 1483620 -6981495 -6981495 96085921 95923254 162667 0 651552 459151 3913786 4274920 2450859 2289172 376021 394226 220386437 71316168 143539320 149070269 72469880 74988035 3069221 3443529 226470639 234919302 6957962 8635461 67745207 67894985 13142908 16395104 87846077 92925550 X 93790 93790 6187179 5807319 132343593 136092643 138624562 141993752 226470639 234919302 X 0 3369190 X X 0 1 X 1 0 515184 515184 14881240 2858346 12022894 204990013 68457822 136532191 149070269 INVEST ASSOC ORG SIPC PATRONAGE 69831558 C INVEST ASSOC ORG NRUCFC PAT CAP 2238063 C INVEST ASSOC. ORG MISC PAT CAP 931434 C INVEST ASSOC-SUBCRIBE TO NRUCFC 1326693 C INVEST. ASSOC.-NRUCFC LOAN CTC'S 653587 C INVEST ASSOC ORG-MEMBERSHIPS 6700 C 74988035 CUSTOMER DEPOSITS 1252522 DEFERRED CREDITS-ELEC PREPAYMENT 8146775 POSTRETIREMENT BENEFIT OBLIGATION 6995807 16395104 X 96085921 0 96085921 0 96085921 90857173 0 90857173 5228748 5228748 96085921 PART X, LINE 2: ACCOUNTING FOR UNCERTAIN TAX POSITIONS - THE GENERALLY ACCEPTED ACCOUNTING PRINCIPLE RELATED TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. THE ACCOUNTING PRINCIPLE REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ADOPTION OF THIS ACCOUNTING PRINCIPLE DOES NOT HAVE A MATERIAL EFFECT ON ITS FINANCIAL POSITION, RESULTS OF OPERATIONS, OR CASH FLOWS AS THE COOPERATIVE DOES NOT BELIEVE THEY ARE TAKING ANY UNCERTAIN TAX POSITIONS. PART XII, LINE 4B - OTHER ADJUSTMENTS: CURRENT YEAR NET MARGINS OF $5,228,748 X X 0 0 0 DUSTIN TRIPP PRESIDENT & CEO 366735 0 0 0 7908 0 207104 0 28369 0 610116 0 0 0 JEFFREY CRISP ROW & FLEET MANAGER 179681 0 0 0 3204 0 113497 0 27219 0 323601 0 0 0 JEFFREY NEUMAN OPERATIONS MANAGER 175428 0 0 0 1313 0 105270 0 27023 0 309034 0 0 0 TRAVIS JONES ENGINEERING & PURCHASING MANAGER 135434 0 0 0 10259 0 89129 0 26582 0 261404 0 0 0 WILLIAM SWEAT OPERATIONS MANAGER 145530 0 0 0 4708 0 72708 0 25889 0 248835 0 0 0 ROBERT ROBINSON UTILITY SERVICEMAN 156418 0 0 0 0 0 62767 0 20846 0 240031 0 0 0 MAVERICK MARVEL UTILITY SERVICEMAN 154374 0 0 0 0 0 63055 0 20852 0 238281 0 0 0 ANTHONY JORDAN LINE FOREMAN 151279 0 0 0 0 0 64147 0 20888 0 236314 0 0 0 DONALD BASINGER UTILITY SERVICEMAN 146131 0 0 0 0 0 63153 0 20728 0 230012 0 0 0 TRAVIS SHORTLAND UTILITY SERVICEMAN 145868 0 0 0 0 0 62414 0 20853 0 229135 0 0 0 COREY LEWIS UTILITY SERVICEMAN 149950 0 0 0 0 0 53079 0 22257 0 225286 0 0 0 RYAN FRAULINI JOURNEYMAN LINEMAN 147066 0 0 0 0 0 53652 0 23820 0 224538 0 0 0 TORRY SCHLOZ ACCOUNTING & FINANCE MANAG 131285 0 0 0 0 0 35841 0 1978 0 169104 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MUST BE A MEMBER TO RECEIVE ELECTRIC SERVICE. EACH MEMBER HAS 1 VOTE. MAY HAVE MORE THAN 1 SERVICE PER MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A TRUSTEES ARE ELECTED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B BYLAW AMENDMENTS REQUIRE MEMBERSHIP APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B TRUSTEES ARE FURNISHED A DRAFT COPY TO REVIEW PRIOR TO FILING. MAY MAKE INQUIRIES OF INFORMATION CONTAINED IN THE FILING. ADDITIONALLY, TRUSTEES MEET WITH THE INDEPENDENT AUDITOR IN A CLOSED SESSION AND ARE ABLE TO ASK QUESTIONS AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL INTERNAL REVIEW FORM 990, PART VI, SECTION B, LINE 15 NON-BARGAINING EMPLOYEES - WAGES AND SALARY PLAN HAS BEEN DEVELOPED BASED ON STATE, REGIONAL, AND NATIONAL SURVEY OF ELECTRIC COOPERATIVES. WAGES BASED ON JOB CLASSIFICATIONS AND RESPONSIBILITIES. BARGAINING EMPLOYEES - BASED ON CONTRACT NEGOTIATIONS. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS AND ANNUAL FINANCIAL STATEMENTS ARE GIVEN TO EACH MEMBER ON ANNUAL BASIS. EACH YEAR ANNUAL MEETING OF MEMBERS IS HELD. FORM 990, PART IX, LINE 24E: THIS AMOUNT CONSISTS OF LABOR, BENEFITS, AND TAX DOLLARS THAT ARE PULLED FROM MAINTENANCE, OPERATIONS, AND ADMINISTRATIVE & GENERAL EXPENSES ON LINES 24B-D AND ARE INCLUDED IN OTHER SALARIES AND WAGES, PENSION PLAN ACCRUALS AND CONTRIBUTIONS, OTHER EMPLOYEE BENEFITS, AND PAYROLL TAXES THAT ARE SHOWN ON LINES 7-10. FORM 990, PART XI, LINE 9: REFUND OF CAPITAL CREDITS -1,894,370. OTHER EQUITIES 414,672. MARGINS ALLOCATED TO MEMBERS 5,228,748. POST RETIREMENT BENEFIT - OTHER COMPREHENSIVE INCOME -379,860. FORM 990, PART XII, LINE 2C: THE PROCESS REGARDING THE OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.