2019-09-30T10:29:30-05:00 2018-12-31 631035228 Jackson Thornton & Co PC PO Box 96 Montgomery AL 361010096 990 2018-01-01 440418245 Sac Osage Electric Cooperative Inc SACO 4178762721 PO Box 111 El Dorado Springs MO 64744 James Davis General Manager 4178762721 2019-09-25 1 Patrick Cooper P00856177 3348347660 2019-09-24 142.154.130.164 2019-09-25 08:37:11 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2018 2020-01-14 16:20:31Z James Davis PO Box 111 El Dorado Springs MO 64744 20563939 0 X www.sacosage.com X 1940 MO The Cooperative is to provide its members needed electric energy services of the highest and most dependable quality at the lowest cost consistent with sound business principles, and on an area coverage, non-profit basis, and to demonstrate the effectiveness of a cooperative. 9 9 37 0 17836 0 0 0 18126097 20060814 183214 254058 277254 249067 18586565 20563939 0 0 1518670 1902054 392043 422870 0 0 0 16675852 18239015 18586565 20563939 0 0 53807230 53817017 30309945 29094197 23497285 24722820 X The Cooperative is to provide its members needed electric energy services of the highest and most dependable quality at the lowest cost consistent with sound business principles, and on an area coverage, non-profit basis, and to demonstrate the effectiveness of a cooperative. 0 0 Sac-Osage Electric Cooperative provides electric service to approximately 8,600 members on a system that includes more than 2,400 miles of lines and 11,100 meters. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 22 0 1 37 1 1 1 0 0 0 0 0 0 19521089 1151469 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 0 1 1 1 1 1 0 X James Davis 4178762721 PO Box 111 El Dorado Springs MO 64744 Gary Ashby Director 1.00 X 2970 0 0 Ronald Gene Brockus Director 3.00 X 3458 0 0 Raymond Huesemann Director 3.00 X 3212 0 0 Neale Johnson Director 3.00 X 3262 0 0 Donald Levi Director 4.00 X 5308 0 0 Timothy Minehardt Director 3.00 X 3620 0 0 John J Jim Murray Director 2.00 X 3106 0 0 Jan Neale Director 1.00 X 1252 0 0 George Tony Underwood Director 2.00 X 3158 0 0 Ken Hacker Director 2.00 X 1715 0 0 James Davis General Manager 40.00 X 172880 0 82359 Ralph Bland Financial & Administrative Manager 40.00 X 83039 0 53529 Kelly Eck Journeyman/Lineman 53.00 X 113484 0 39593 Randal W Fletcher Working Foreman 48.00 X 103243 0 65363 503707 0 240844 3 0 1 0 Asplundh Tree Expert Company 1700 Solutions Center Chicago IL 60677 Tree Clearing Services 863205 Miller Construction 5122 E Highway 54 El Dorado Springs MO 64744 Repair Work 134200 2 Electric Energy Revenu 221000 19353205 19353205 Capital Credits 221000 707609 707609 20060814 223667 223667 59265 0 59265 59265 59265 30391 0 30391 30391 30391 Service Revenues 900099 235212 217376 17836 Non-Operating Revenue 900099 -45410 -45410 189802 20563939 20232780 17836 313323 X 1902054 422870 1128370 1686365 Cost of Power 10308284 Dist Exp - Maintenance 2118787 Admin and General 1223580 Dist Exp - Operations 1079298 694331 20563939 1184668 1125268 2026547 1620968 1468808 1410008 412894 426420 885658 695910 56749607 17192153 39210382 39557454 8618273 8980989 53807230 53817017 1648147 1673794 28492483 27239691 169315 180712 30309945 29094197 X 42985 42870 0 0 23454300 24679950 23497285 24722820 53807230 53817017 X 0 1225535 X 0 1 X 1 0 87569 87569 2803867 1199978 1603889 53858171 15992175 37865996 39557454 Investment in Associated Organizations 8491728 C Subordinated Certificates 489261 C 8980989 Deferred Credits 180712 180712 X 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. X 0 0 0 James Davis General Manager 172680 0 200 0 0 0 66751 0 15608 0 255239 0 0 0 Kelly Eck Journeyman/Lineman 113284 0 200 0 0 0 17794 0 21799 0 153077 0 0 0 Randal W Fletcher Working Foreman 103043 0 200 0 0 0 47922 0 17441 0 168606 0 0 0 Form 990, Part VI, Section A, line 6 The Cooperative is a not-for-profit membership organization whose members have identical voting rights in accordance with the cooperative's bylaws. Form 990, Part VI, Section A, line 7a All Board members are elected by the membership. Form 990, Part VI, Section A, line 7b Members must approve all changes to the bylaws, as well as the sale of a substantial amount of assets. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the Financial and Administrative Manager and General Manager. It is then reviewed by the Board at the next Board meeting. Form 990, Part VI, Section B, line 12c No known conflicts of interest have been discovered. If there had been conflicts, the organization would have an appropriate review, and action would be taken if necessary. Form 990, Part VI, Section B, line 15 The Board, in executive session, determines all non-union management personnel's compensation. The Board then records the decision in the minutes and later approves the minutes. Form 990, Part VI, Section C, line 19 Bylaws are offered to all new members. All other documents are available at any time upon request, or can be found on the cooperative's website. 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: Margins assigned to members 1,902,054. Retirement of capital credits -717,190. Other 40,671. SOEC Technologies LLC PO Box 111 El Dorado Springs MO 64744 651184716 Fiber Optic Communications MO -11905 97839 Sac-Osage Electric Cooperative