2025-10-21T12:48:15-05:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 601 W RIVERSIDE AVENUE STE 1800 SPOKANE WA 99201 990 2024-01-01 480493444 PIONEER ELECTRIC COOPERATIVE INC PION 6203561211 PO BOX 368 ULYSSES KS 67880 LINDSAY CAMPBELL CEO 6203564111 2025-10-15 1 1 EMINA O CRESSWELL P01217304 5097472600 2025-10-15 2024 2025-03-06 01:10:19Z LINDSAY CAMPBELL PO BOX 368 ULYSSES KS 67880 84353344 0 X WWW.PIONEERELECTRIC.COOP X 1944 KS SALE OF ELECTRICITY TO MEMBERS 9 0 77 0 2743066 0 0 0 77490627 77171471 832826 821892 6190730 6251197 84514183 84244560 93931 77251 5148312 5385828 10541744 10525883 0 0 0 65387722 65003565 81171709 80992527 3342474 3252033 300639525 305271662 86919937 86503961 213719588 218767701 TO BE THE DYNAMIC REGIONAL PROVIDER OF SAFE, RELIABLE ENERGY PRODUCTS AND SERVICES, WORKING TO IMPROVE THE LIVES OF OUR MEMBER-OWNERS AND CUSTOMERS. 0 0 DISTRIBUTED ELECTRICITY TO APPROXIMATELY 17,000 RETAIL ELECTRIC METERS OF PIONEER ELECTRIC COOPERATIVE AND APPROXIMATELY 17,000 RETAIL ELECTRIC METERS WHO ARE SERVED THROUGH SOUTHERN PIONEER ELECTRIC COMPANY, A WHOLLY OWNED SUBSIDIARY. 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 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 415 0 1 77 1 1 1 0 0 0 0 74222736 7380466 0 0 0 X 9 0 1 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X CHANTRY C SCOTT 6203564111 1850 W OKLAHOMA ULYSSES KS 67880 LINDSAY CAMPBELL CHIEF EXECUTIVE OFFICER 24.80 20.10 X 617201 0 113734 CHANTRY SCOTT ASSISTANT CEO & CFO 22.90 18.70 X 422166 0 189335 CLINTON MEIER VP OF ENGINEERING & OPERATION 27.80 17.00 X 233525 0 163013 ROSS RILEY MANAGER OF ENGINEER & OPERATION 42.70 0.00 X 202728 0 170323 STEPHEN EPPERSON CEO (UNTIL 03/24) 8.50 0.10 X 264509 0 102844 ANITA WENDT VP OF ENERGY SERVICES (UNTIL 11/24) 25.10 10.00 X 251966 0 81705 NEAL MANGELS OPERATIONS SUPERVISOR 47.90 0.00 X 178648 0 124951 NATHAN GILLESPIE MANAGER OF OPERATIONS & ENGINEERING 4.90 40.20 X 190323 0 102276 SHERRY EASTON ACCOUNTING MANAGER 21.00 21.40 X 190676 0 76987 MELISSA MORALES VP OF HUMAN RESOURCES 29.90 11.10 X 167570 0 72041 SCOTT HITTLE CREW FOREMAN 50.70 0.00 X 160280 0 65071 MICHAEL BREWER PRESIDENT 7.00 5.00 X X 47806 0 0 JAMES N BELL TRUSTEE 5.00 5.00 X 39700 0 0 JEFF MOYER VICE PRESIDENT 5.00 4.00 X X 38135 0 0 DAVID LIGHT TRUSTEE 4.00 3.00 X 31600 0 0 LORI DEYOE TRUSTEE 3.00 2.00 X 28700 0 0 MARK GOEHRING TRUSTEE 2.00 1.00 X 21000 0 0 JOHN R JURY SECRETARY/TREASURER 2.00 0.60 X X 21000 0 0 CHARLES E MILBURN TRUSTEE 2.00 0.60 X 20100 0 0 ALFRED ALEXANDER TRUSTEE 1.00 0.40 X 14025 0 0 DARCY ALEXANDER TRUSTEE 0.50 0.30 X 6900 0 0 3148558 0 1262280 33 0 1 0 J & J POWERLINE CONTR INC PO BOX 861 DODGE CITY KS 67801 LINE CREW 2984308 INTERSTATE ELECTRICAL CONTRACTORS INC 12725 W 54TH DRIVE ARVADA CO 80002 PROFESSIONAL SERVICES 1055979 IES COMMERCIAL INC PO BOX 27 HOLDREGE NE 68949 PROFESSIONAL SERVICES 861312 NISC PO BOX 1147 MANDAN ND 58554 SOFTWARE MANAGEMENT 374837 OSMOSE UTILITIES SERVICES INC PO BOX 736729 DALLAS TX 75373 POLE TESTING 368186 11 SALES OF ELETRICITY 221000 73683196 73683196 CAPITAL CREDITS 900099 3413909 3413909 SERVICE REVENUE 900099 44490 44490 POLE RENTAL INCOME 900099 29876 29876 77171471 702237 702237 203809 84154 119655 119655 119655 23195 24630 -1435 -1435 UNAPPROPROPRIATED SUB 221000 3252033 3252033 MANAGEMENT FEES 900099 2743066 2743066 257533 257533 6252632 84244560 77141595 2743066 4359899 27847 49404 5385828 1885784 5002776 1425969 1669831 541523 106030 84381 255150 83879 136922 122911 150474 22534 3958840 5985897 PURCHASED POWER 49649308 ADMIN & GENERAL EXPENSE 4447239 80992527 2604561 1518180 10893763 7833546 7221 3000 956020 944507 6252818 5063966 3956365 3169991 197231416 61291550 127696193 135939866 148272584 150798606 300639525 305271662 8150810 7813264 77109154 76986794 1659973 1703903 86919937 86503961 X 0 0 0 0 213719588 218767701 213719588 218767701 300639525 305271662 X 3252033 1796080 X 0 1 X 1 0 1060525 1060525 12329437 4656698 7672739 182752280 56634166 126118114 1089174 686 1088488 135939866 INVEST IN ASSOC ORGS-NONGENERAL FUNDS 929131 C INVEST IN ASSOC ORGS-OTHER GENERAL FUNDS 1676040 C INVEST IN ASSOC ORGS-PATRONAGE CAP 85468392 C INVEST IN ECON DEV PROJECTS 667215 C INVESTMENT IN SUBSIDIARY 53333266 C OTHER INVESTMENTS 944697 C SPECIAL FUNDS 7779865 C 150798606 DEFERRED CREDITS 414531 CUSTOMER DEPOSITS 1289372 1703903 X PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(12). THE STATE OF KANSAS RECOGNIZES THIS EXEMPTION FOR STATE INCOME TAX PURPOSES. SPEC IS RECOGNIZED AS A C CORPORATION FOR INCOME TAXES. SPEC ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH INCOME TAX ACCOUNTING GUIDANCE (ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES). THE INCOME TAX ACCOUNTING GUIDANCE RESULTS IN TWO COMPONENTS OF INCOME TAX EXPENSE: CURRENT AND DEFERRED. CURRENT INCOME TAX EXPENSE REFLECTS TAXES TO BE PAID OR REFUNDED FOR THE CURRENT PERIOD BY APPLYING THE PROVISIONS OF THE ENACTED TAX LAW TO THE TAXABLE INCOME OR EXCESS OF DEDUCTIONS OVER REVENUES. SPEC DETERMINES DEFERRED INCOME TAXES USING THE LIABILITY (OR BALANCE SHEET) METHOD. UNDER THIS METHOD, THE NET DEFERRED TAX ASSET OR LIABILITY IS BASED ON THE TAX EFFECTS OF THE DIFFERENCES BETWEEN THE BOOK AND TAX BASES OF ASSETS AND LIABILITIES, AND ENACTED CHANGES IN TAX RATES AND LAWS ARE RECOGNIZED IN THE PERIOD IN WHICH THEY OCCUR. DEFERRED INCOME TAX EXPENSE RESULTS FROM CHANGES IN DEFERRED TAX ASSETS AND LIABILITIES BETWEEN PERIODS. DEFERRED TAX ASSETS ARE REDUCED BY A VALUATION ALLOWANCE IF, BASED ON THE WEIGHT OF EVIDENCE AVAILABLE, IT IS MORE LIKELY THAN NOT THAT SOME PORTION OR ALL OF A DEFERRED TAX ASSET WILL NOT BE REALIZED. TAX POSITIONS ARE RECOGNIZED IF IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE TAX POSITION WILL BE REALIZED OR SUSTAINED UPON EXAMINATION. THE TERM "MORE LIKELY THAN NOT" MEANS A LIKELIHOOD OF MORE THAN 50%; THE TERMS "EXAMINED AND "UPON EXAMINATION" ALSO INCLUDE RESOLUTION OF THE RELATED APPEALS OR LITIGATION PROCESSES, IF ANY. A TAX POSITION THAT MEETS THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD IS INITIALLY AND SUBSEQUENTLY MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE DETERMINATION OF WHETHER OR NOT A TAX POSITION HAS MET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD CONSIDERS THE FACTS, CIRCUMSTANCES, AND INFORMATION AVAILABLE AT THE REPORTING DATE AND IS SUBJECT TO MANAGEMENT'S JUDGMENT. 1 USD 214 111 S BAUGHMAN ULYSSES KS 67880 480699901 SCHOOL DISTRICT 12500 0 HUGS - LIBRARY READING RECHARGE PROGRAM ($4,000), HUGS DONATION ($5,000), HUGS - HICKOK ELEM MUSIC SAFETY PROGRAM ($3,000), OM WORLDS DONATION ($400) & SULLIVAN ANNUAL CHILI FEED (100) 1 0 COLLEGE SCHOLARSHIPS 19 22250 COUNTY FAIRS-DONATIONS TO LIVESTOCK SALES 8 13135 SENIOR MEALS 357 2419 YOUTH TOURS 5 11600 PART I, LINE 2: SCHOLARSHIPS ARE PROVIDED FOR THE FIRST SEMESTER ONLY AND ARE PAID DIRECTLY TO THE STUDENTS' CHOICE OF COLLEGE OR SECONDARY EDUCATION. THERE ARE NO ADDITIONAL DOLLARS PROVIDED. YOUTH TOUR DOLLARS ARE PAID DIRECTLY TO THE YOUTH TOUR PROGRAM, NOT TO THE INDIVIDUAL. OTHER ASSISTANCE IS TYPICALLY A ONE-TIME OCCURRENCE AND OF A MINIMAL DOLLAR AMOUNT. 1 X X 1 1 0 LINDSAY CAMPBELL CHIEF EXECUTIVE OFFICER 461912 0 34117 0 121172 0 104162 0 9572 0 730935 0 108804 0 CHANTRY SCOTT ASSISTANT CEO & CFO 329839 0 19033 0 73294 0 158654 0 30681 0 611501 0 53792 0 CLINTON MEIER VP OF ENGINEERING & OPERATION 223729 0 283 0 9513 0 134132 0 28881 0 396538 0 0 0 ROSS RILEY MANAGER OF ENGINEER & OPERATION 194703 0 280 0 7745 0 139842 0 30481 0 373051 0 0 0 STEPHEN EPPERSON CEO (UNTIL 03/24) 260584 0 0 0 3925 0 95374 0 7470 0 367353 0 0 0 ANITA WENDT VP OF ENERGY SERVICES (UNTIL 11/24) 245013 0 0 0 6953 0 61798 0 19907 0 333671 0 0 0 NEAL MANGELS OPERATIONS SUPERVISOR 171060 0 306 0 7282 0 96070 0 28881 0 303599 0 0 0 NATHAN GILLESPIE MANAGER OF OPERATIONS & ENGINEERING 185152 0 280 0 4891 0 70395 0 31881 0 292599 0 0 0 SHERRY EASTON ACCOUNTING MANAGER 183912 0 280 0 6484 0 56000 0 20987 0 267663 0 0 0 MELISSA MORALES VP OF HUMAN RESOURCES 160857 0 306 0 6407 0 41960 0 30081 0 239611 0 0 0 SCOTT HITTLE CREW FOREMAN 159415 0 306 0 559 0 34690 0 30381 0 225351 0 0 0 PART I, LINES 4A-B IN 2024 ANITA WENDT RECEIVED SEVERANCE PAY OF $18,703.34 IN 2024, S. EPPERSON, L. CAMPBELL & C. SCOTT PARTICIPATED IN 457(F) PLANS AND ACCRUED AMOUNTS OF $15,346.67, $37,485.63, $20,388.12, RESPECTIVELY. IN 2024 L. CAMPBELL AND C. SCOTT WERE PAID OUT $108,804.15 AND $53,792.47, RESPECTIVELY. WHEN S. EPPERSON RESIGNED, HIS 457(F) DOLLARS WERE FORFEITED. UPON THE PAYOUT OF THE 457(F) PLANS, NEW PLANS WERE APPROVED BY THE BOARD OF TRUSTEES: $180,000 FOR L. CAMPBELL AND $100,000 FOR C. SCOTT. CHANTRY SCOTT OFFICER PAYROLL LAG TRANSITION LOAN - SALARY ADVANCE X 3000 3000 0 1 1 3000 FORM 990, PART VI, SECTION A, LINE 2 ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES HAVE A BUSINESS RELATIONSHIP WITH OTHER TRUSTEES, OFFICERS AND KEY EMPLOYEES DUE TO THEIR POSITION EITHER AS A DIRECTOR, OFFICER OR KEY EMPLOYEE FOR SOUTHERN PIONEER COMPANY, A RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 4 AT THE 2024 ANNUAL MEETING, THE FOLLOWING BYLAWS WERE VOTED ON AND APPROVED BY THE MEMBERS: (1) UPDATING MEMBERS VOTING OPTIONS - ALLOWING FOR ELECTRONIC VOTING IN ADDITION TO IN PERSON AND MAIL-IN BALLOTS. (2) REMOVAL OF THE NOMINATING COMMITTEE - ANY PERSON, INCUMBENT, OR POTENTIAL NOMINEE INTERESTED IN RUNNING FOR A BOARD OF TRUSTEES SEAT WOULD NEED TO ACQUIRE 25 SIGNATURES OF MEMBERS. (3) BOARD SEAT VACANCIES - TO PROVIDE CLARITY FOR THE PROCESS OF FILLING A BOARD VACANCY. THE REMAINING MEMBER OF THE BOARD MAY APPOINT AND VOTE FOR BY AFFIRMATIVE VOTE A QUALIFIED CANDIDATE TO FILL THE VACANCY. FORM 990, PART VI, SECTION A, LINE 6 PIONEER ELECTRIC COOPERATIVE, INC. IS A MEMBER OWNED COOPERATIVE. AT THE ANNUAL MEETING HELD IN SEPTEMBER 2024, MEMBERS VOTED IN FAVOR OF UPDATING THE PROCESS TO BE NOMINATED. THE CHANGE TO THE APPROVED BYLAWS ELIMINATES THE NOMINATING COMMITTEE. TO BE NOMINATED, A QUALIFIED MEMBER CAN PETITION TO ON THE BALLOT FOR THE DISTRICT IN WHICH THEY RESIDE. THE MEMBER OWNERS CAST THEIR BALLOTS TO ELECT THE BOARD OF TRUSTEES FOR A THREE-YEAR TERM AT THE ANNUAL MEMBERSHIP MEETING. FORM 990, PART VI, SECTION A, LINE 7A PIONEER ELECTRIC COOPERATIVE, INC. IS A MEMBER OWNED COOPERATIVE. AT THE ANNUAL MEETING HELD IN SEPTEMBER 2024, MEMBERS VOTED IN FAVOR OF UPDATING THE PROCESS TO BE NOMINATED. THE CHANGE TO THE APPROVED BYLAWS ELIMINATES THE NOMINATING COMMITTEE. TO BE NOMINATED, A QUALIFIED MEMBER CAN PETITION TO ON THE BALLOT FOR THE DISTRICT IN WHICH THEY RESIDE. THE MEMBER OWNERS CAST THEIR BALLOTS TO ELECT THE BOARD OF TRUSTEES FOR A THREE-YEAR TERM AT THE ANNUAL MEMBERSHIP MEETING. IF THERE IS A VACANCY DURING A BOARD MEMBERS TERM, THE REMAINING BOARD WILL ELECT A REPLACEMENT TRUSTEE FROM THE VACANT DISTRICT. THIS TRUSTEE WILL HOLD THE POSITION UNTIL THE NEXT ANNUAL MEETING, IN WHICH THE TRUSTEE WILL BE NOMINATED FOR ELECTION TO SERVE THE REMAINDER OF THE TERM. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING DECISIONS MUST BE APPROVED BY THE MEMBERS: 1) CHANGES TO THE BYLAWS 2) SALE OF A SIGNIFICANT PORTION OF ASSETS AND/OR LIQUIDATION 3) CHANGES TO THE ARTICLES OF INCORPORATION FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES AND STAFF FOR ANY DISCUSSION OR COMMENT PRIOR TO THE FILING OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C PIONEER ELECTRIC COOPERATIVE REQUESTS THAT EACH TRUSTEE, OFFICER, AND KEY EMPLOYEE COMPLETE A FORM 990 QUESTIONNAIRE ANNUALLY. AS PART OF THIS QUESTIONNAIRE REVIEW, CONFLICTS OF INTEREST CAN BE IDENTIFIED. IF A CONFLICT ARISES CONCERNING AN EMPLOYEE, THE CONFLICT IS REPORTED TO THE CEO. IF PIONEER ELECTRIC COOPERATIVE REQUESTS THAT EACH TRUSTEE, OFFICER, AND KEY EMPLOYEE COMPLETE A FORM 990 QUESTIONNAIRE ANNUALLY. AS PART OF THIS QUESTIONNAIRE REVIEW, CONFLICTS OF INTEREST CAN BE IDENTIFIED. IF A CONFLICT ARISES CONCERNING AN EMPLOYEE, THE CONFLICT IS REPORTED TO THE CEO. IF A CONFLICT ARISES CONCERNING THE CEO, THE CONFLICT IS REPORTED TO THE BOARD PRESIDENT. WHEN THERE IS A CONFLICT, THE PERSON IS EXCUSED FROM THE MEETING. IF THERE IS A BIGGER VIOLATION, THE INDIVIDUAL MAY BE REMOVED FROM THEIR RESPECTIVE POSITION. CONFLICTS OF INTEREST ARE REPORTED TO THE BOARD PRESIDENT OR GENERAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES, IN ITS ENTIRETY, APPROVES THE CEO (OFFICER), EXECUTIVE VP-ASSISTANT CEO (KEY EMPLOYEE), AND EXECUTIVE VP / GENERAL COUNSEL'S (KEY EMPLOYEE) SALARY. THE NRECA COMPENSATION SURVEY IS USED TO PROVIDE COMPARABLE DATA. THE BOARD DISCUSSES THE SALARIES, AS PROPOSED, WITHOUT THE EMPLOYEES PRESENT. THE BOARD'S APPROVAL OF THE EMPLOYEE'S COMPENSATION IS RECORDED IN THE MINUTES OF THE MEETING. THE WAGES OF ALL OTHER EMPLOYEES, INCLUDING THE CFO, IS BASED UPON A REVIEW OF THE NRECA COMPENSATION SURVEY WITH APPROVAL BY THE CEO. THE BOARD OF TRUSTEES APPROVES THE OVERALL WAGE INCREASE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS OF PIONEER ELECTRIC COOPERATIVE, INC. ARE AVAILABLE UPON REQUEST AT THE COMPANY HEADQUARTERS AT 1850 WEST OKLAHOMA, ULYSSES, KANSAS, 67880, DURING NORMAL BUSINESS HOURS. FORM 990, PART XI, LINE 9: CAPITAL CREDIT RETIREMENT -5,669,252. REFUNDS TO ESTATES -42,850. OCI - CHANGE IN DEFINED PENSION PLAN 1,025,180. DISCOUNTS ON ESTATE CAPITAL CREDITS 3,484. UNCLAIMED PATRONAGE 1,093,690. AMOUNT OF BENEFITS PAID TO MEMBERS PER 990 INSTRUCTIONS, INTERPRETED TO EQUAL NET MARGINS AS THAT IS THE EQUIVALENT OF THE BENEFITS MEMBERS RECEIVE IN THE CURRENT YEAR 5,385,828. PIONEER ELECTRIC AREA ROUNDUP INC 1850 W OKLAHOMA AVE ULYSSES KS 67880 200157161 BETTERING THE QUALITY OF LIFE OF AREA CITIZENS KS 501(C)(3) LINE 7 PIONEER ELECTRIC COOPERATIVE INC 1 SOUTHERN PIONEER ELECTRIC COMPANY 1850 W OKLAHOMA ULYSSES KS 67880 203898147 ELECTRICITY SALES KS PIONEER ELECTRIC COOPERATIVE INC C 3252033 189475788 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 SOUTHERN PIONEER ELECTRIC COMPANY D 105161403 FMV SOUTHERN PIONEER ELECTRIC COMPANY N 104408 FMV SOUTHERN PIONEER ELECTRIC COMPANY O 2638658 FMV SOUTHERN PIONEER ELECTRIC COMPANY P 228597 FMV SOUTHERN PIONEER ELECTRIC COMPANY Q 1316062 FMV