2025-11-10T17:43:53-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 601 W RIVERSIDE AVENUE STE 1800 SPOKANE WA 99201 990 2024-01-01 930308755 DOUGLAS ELECTRIC COOPERATIVE INC DOUG 5416736616 PO BOX 1327 ROSEBURG OR 97470 JAMES K BROOKS GENERAL MANAGER 5416736616 2025-11-03 1 0 EMINA O CRESSWELL P01217304 5097472600 2025-11-03 2024 2025-03-06 01:10:19Z KEITH BROOKS PO BOX 1327 ROSEBURG OR 97470 25910360 0 X WWW.DOUGLASELECTRIC.COM X 1939 OR PROVIDE ELECTRIC SERVICE TO MEMBERS. 7 7 42 0 0 0 0 0 19346534 19638105 674839 353853 4640065 5851294 24661438 25843252 0 0 893955 486324 2785537 2311248 0 0 0 16509746 17322397 20189238 20119969 4472200 5723283 82552403 89246435 32335809 32612762 50216594 56633673 PROVIDE ELECTRIC SERVICE TO MEMBERS. 0 0 SALE OF ELECTRICAL SERVICES TO MEMBERS. 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 0 1 1 1 0 1 32 0 1 42 1 0 0 0 0 0 20004638 1616705 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X BILL REINHART 5416736616 PO BOX 1327 ROSEBURG OR 97470 CAIRNS SHIRLEY SECRETARY 8.00 X X 9530 0 0 JACKSON BILL VICE PRESIDENT 3.00 X X 9000 0 0 ARMSTRONG SUZETTE TREASURER 3.00 X X 8500 0 0 HOUSE E DAVID DIRECTOR 3.00 X 6500 0 0 POAGE ROBERT PRESIDENT 3.00 X X 4750 0 0 BARNES EVAN DIRECTOR 3.00 X 4000 0 0 NELSON TERRY DIRECTOR 3.00 X 2750 0 0 BROOKS KEITH CEO 40.00 X 252833 0 68620 REINHART WILLIAM CFO 40.00 X 155603 0 50690 WAY TODD DSI MANAGER 1.00 40.00 X 0 306676 55456 GREAVES GARRETT LINEMAN 47.00 X 243783 0 36298 MCCALL CODY LINEMAN 47.00 X 236285 0 37590 LARSON NEAL LINEMAN 47.00 X 226688 0 33792 UTLEY DONALD GENERAL-FORMAN 47.00 X 210601 0 46128 LEYVA LORENZO LINEMAN 47.00 X 206925 0 36273 1577748 306676 364847 26 0 1 0 JENSEN'S TREE SERVICE INC PO BOX 610 WINSTON OR 97496 TREE TRIMMING 3143909 JT ROCKS & EXCAVATION LLC 501 HAMBRICK AVE SUTHERLIN OR 97479 GROUND WORK/EXCAVATION 286563 PIONEER UTILITY RESOURCES INC PO BOX 1306 NORTH PLAINS OR 97133 MAGAZINE, WEBSITE,SOCIAL MEDIA SERVICES 191229 SOUTHERN OREGON DIESEL INC 7157 HWY 99 NORTH ROSEBURG OR 97470 EQUIPMENT REPAIR 140842 4 ELECTRIC REVENUE 221000 19437959 19437959 RENT FROM ELECTRIC PROPERTY 221000 200146 200146 19638105 335946 335946 16110 3600 12510 12510 12510 81415 63508 17907 17907 17907 SUBSIDIARY INCOME 221000 5723283 5723283 PATRONAGE CAPITAL CREDITS 221000 115501 115501 5838784 25843252 25276743 0 566509 486324 572776 1738472 18438 67400 1157840 2399000 COST OF POWER 6476182 TRANSMISSION AND DISTRI 4135131 ADMINISTRATIVE AND GENE 2023944 TAXES - GENERAL 747209 297253 20119969 1192 1192 1310905 986739 5888793 5244418 984542 1174528 577957 579242 86811595 36219390 48934461 50592205 2466167 2556442 22388386 28111669 82552403 89246435 1427187 1668681 27499576 28292831 3409046 2651250 32335809 32612762 X 42275 42335 10056687 9109780 40117632 47481558 50216594 56633673 82552403 89246435 X 5723283 693796 X 0 1 X 1 1 1 496364 496364 10301811 1260138 9041673 5368185 4062972 1305213 70645235 30896280 39748955 50592205 INVESTMENT IN DSI 28111669 C 28111669 PATRONAGE CAPITAL PAYABLE 1983177 DEFERRED CREDITS 157830 POSTRETIREMENT BENEFIT OBLIGATION 152917 CONSUMER DEPOSITS 357326 2651250 X PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE, EXCEPT TO THE EXTENT OF UNRELATED BUSINESS INCOME, IF ANY. AN EXEMPTION FROM THE STATE OF OREGON CORPORATION EXCISE TAX IS PROVIDED BY OREGON REVISED STATUTES 317.080. THE COOPERATIVE FOLLOWS FASB ASC 740-10, INCOME TAXES, WHICH RELATES TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE COOPERATIVE FILES AN EXEMPT ORGANIZATION TAX RETURN IN THE U.S. FEDERAL JURISDICTION. THE COOPERATIVE RECORDS UNCERTAIN TAX POSITIONS IF THE LIKELIHOOD THE POSITION WILL BE SUSTAINED UPON EXAMINATION IS LESS THAN 50%. AS OF DECEMBER 31, 2024 AND 2023, THE COOPERATIVE HAD NO ACCRUED AMOUNTS RELATED TO UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES, IF ANY, ARE RECORDED AS INTEREST EXPENSE AND OTHER EXPENSE, RESPECTIVELY. X X X 0 0 0 WAY TODD DSI MANAGER 0 306676 0 0 0 0 0 25638 0 29818 0 362132 0 0 BROOKS KEITH CEO 252833 0 0 0 0 0 38550 0 30070 0 321453 0 0 0 GREAVES GARRETT LINEMAN 243783 0 0 0 0 0 14875 0 21423 0 280081 0 0 0 MCCALL CODY LINEMAN 236285 0 0 0 0 0 16169 0 21421 0 273875 0 0 0 LARSON NEAL LINEMAN 226688 0 0 0 0 0 12396 0 21396 0 260480 0 0 0 UTLEY DONALD GENERAL-FORMAN 210601 0 0 0 0 0 24107 0 22021 0 256729 0 0 0 LEYVA LORENZO LINEMAN 206925 0 0 0 0 0 14875 0 21398 0 243198 0 0 0 REINHART WILLIAM CFO 155603 0 0 0 0 0 24142 0 26548 0 206293 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THERE IS ONLY ONE CLASS OF MEMBERSHIP FOR ALL CUSTOMERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION IS A COOPERATIVE FORMED TO PROVIDE ELECTRIC SERVICE TO ITS MEMBERS. EACH MEMBER HAS ONE VOTE TO ELECT DIRECTORS, RATIFY CHANGES TO THE COOPERATIVE'S BYLAWS, AND ANY OTHER ACTION THAT REQUIRES APPROVAL OF THE GENERAL MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B THE GOVERNING BODY MAY RESERVE CERTAIN DECISIONS TO BE PUT ON A BALLOT FOR APPROVAL OF THE GENERAL MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED AND SUBMITTED FOR REVIEW BY THE GENERAL MANAGER/CEO AND CHIEF FINANCIAL OFFICER. AFTER REVIEW BY SENIOR MANAGEMENT, IT WAS SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND DISCUSSION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO REVIEW VENDORS, ORGANIZATIONS AND RELATIONSHIPS ANNUALLY, AND DECLARE CONFLICTS OF INTEREST THAT ARE PROHIBITED BY COMPANY POLICY. SHOULD A CONFLICT ARISE, THE MEMBER WITH THE CONFLICT REMOVES THEMSELVES FROM THE DECISION-MAKING PROCESS INVOLVING THE CONFLICTED ENTITY. FORM 990, PART VI, SECTION B, LINE 15 MULITIPLE EXTERNAL INDUSTRY SOURCES ARE USED FOR WAGE COMPARISON AND BENCHMARKING. CEO COMPENSATION IS BASED ON INDUSTRY COMPARISON AND INDEPENDENT SURVEYS. WAGES AND ADJUSTMENTS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. TOP MANAGEMENT SALARIES ARE ALSO BASED ON INDUSTRY COMPARISONS. THE COMPENSATION REVIEW PROCESS IS COMPLETED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS, BYLAWS, BOARD POLICIES, AND OTHER ORGANIZATIONAL DOCUMENTS ARE AVAILABLE UPON REQUEST. THE COOPERATIVE ALSO HOLDS AN ANNUAL MEETING OF THE MEMBERSHIP AND PROVIDES FINANCIAL AND OTHER INFORMATION AT THE MEETING. FORM 990, PART XI, LINE 9: INCREASE IN MEMBERSHIPS 60. RETIREMENT OF CAPITAL CREDITS -951,367. DECREASE IN OCI -2,008. DONATED & DISCOUNTED CAPITAL CREDITS 1,160,787. BENEFITS PAID TO MEMBERS 486,324. DOUGLAS SERVICES INC 2350 NW AVIATION DR ROSEBURG OR 97470 930978241 VOICE & BROADBAND SERVICE OR DOUGLAS ELECTRIC COOPERATIVE INC C 29446342 62402756 1.00000 1 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 DOUGLAS SERVICES INC A 135501 FMV DOUGLAS SERVICES INC M 288176 FMV DOUGLAS SERVICES INC D 2426138 FMV