2018-11-14T12:26:30-06:00 2017-12-31 631035228 Jackson Thornton & Co PC PO Box 96 Montgomery AL 361010096 990 2017-01-01 440418245 Sac Osage Electric Cooperative Inc SACO 4178762721 PO Box 111 El Dorado Springs MO 64744 James Jim Davis General Manager 4178762721 2018-11-08 1 Patrick Cooper P00856177 3348347660 2018-11-08 142.154.130.164 2018-11-08 16:15:30 CS P 0C1724741AE0B7B2CBC8A006392FEB2DFBE97CF6 58A221B50A0AB7FF5D57FDB9C2C3D3903606F433 2017 2019-02-21 02:37:17Z James Jim Davis PO Box 111 El Dorado Springs MO 64744 18596883 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 41 0 23632 7486 0 0 18578410 18126097 178347 183214 6630 277254 18763387 18586565 0 0 0 1518670 1474258 392043 0 0 0 15769708 16675852 17243966 18586565 1519421 0 50414403 53807230 27761083 30309945 22653320 23497285 X The Cooperative is to provided 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 19 0 1 41 1 1 1 0 0 0 0 0 0 17555324 1167982 0 X 9 9 0 0 1 0 0 1 1 1 1 0 0 0 1 0 1 1 1 1 1 0 X James (Jim) Davis 4178762721 PO Box 111 El Dorado Springs MO 64744 Gary Ashby Director 2.00 X 3220 0 0 Ronald Gene Brockus Director 3.00 X 3458 0 0 Raymond Huesemann Director 3.00 X 3362 0 0 Neale Johnson Director 2.00 X 3268 0 0 Donald Levi Director 3.00 X 5408 0 0 Timothy Minehardt Director 2.00 X 3570 0 0 John J Jim Murray Director 3.00 X 3456 0 0 Jan Neale Director 1.00 X 2656 0 0 George Tony Underwood Director 2.00 X 3158 0 0 James Jim Davis General Manager 40.00 X 159282 0 73658 Ralph Bland Financial & Administrative Manager 40.00 X 80539 0 47008 271377 0 120666 1 0 1 0 Asplundh Tree Expert Company 1700 Solutions Center Chicago IL 60677 Tree Clearing Services 1119413 1 Electric Energy Revenu 221000 17370558 17370558 Capital Credits 221000 755539 755539 18126097 183032 183032 59193 0 59193 59193 59193 10500 10318 182 182 182 Service Revenues 900099 218911 195279 23632 Non-Operating Revenue 900099 -850 -850 218061 18586565 18503558 23632 59375 X 1518670 392043 1214405 1641417 Cost of Power 8988041 Distribution Expense - 2242525 Administrative and Gene 1057594 Distribution Expense - 787828 744042 18586565 1324674 1184668 8703 2026547 1512187 1468808 414092 412894 1050336 885658 55713920 16503538 37997763 39210382 8106648 8618273 50414403 53807230 1689885 1648147 25932447 28492483 138751 169315 27761083 30309945 X 42970 42985 0 0 22610350 23454300 22653320 23497285 50414403 53807230 X 0 843965 X 0 1 X 1 0 87569 87569 2777405 1156154 1621251 52848946 15347384 37501562 39210382 Investment in Associated Organizations 8048356 C Non-Utility Property 77706 C Subordinated Certificates 490186 C Other Investments 2025 C 8618273 Deferred Credits 169315 169315 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 2014. X 0 0 0 James Jim Davis General Manager 159082 0 200 0 0 0 58962 0 14696 0 232940 0 0 0 Form 990, Part VI, Section A, line 4 Paragraph (d). was added to Bylaw Article IV, Section 3, regarding Director qualifications. This addition clarifies who is not eligible to be a director as it states the following: "has been found guilty or convicted of, or plead guilty or no contest to, a felony under the laws of the State of Missouri or an offense committed in another state that would be considered a felony if committed in the State of Missouri." Form 990, Part VI, Section A, line 7a All Board members are elected by the membership. Form 990, Part VI, Section A, line 7b Board 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, then it is signed and filed. 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 the General Manager'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 2017 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, 2017. For 2016, the Cooperative used margins retired rather than margins assigned. Form 990, Part XI, line 9: Prior period adjustment -28. Margins assigned to members 1,518,670. Change in membership 15. Retirement of capital credits -836,084. Discounted capital credits 28,527. Capital credit gains 131,654. Other 1,211. SOEC Technologies LLC PO Box 111 El Dorado Springs MO 64744 651184716 Fiber Optic Communications MO -6075 110106 Sac-Osage Electric Cooperative