2025-09-30T12:03:41-04:00 2024-12-31 934399227 GRUENLOH MATZ & ASSOCIATES PC PO BOX 28 ROBERTSDALE AL 36567 990 2024-01-01 630161119 PEA RIVER ELECTRIC COOPERATIVE PEAR 3347742545 P O BOX 969 OZARK AL 36361 JEFFREY M HODGES CEO 3347742545 2025-09-03 true COLLENA MATZ CPA P01417735 2513896870 2025-09-03 X 2024 2025-03-06 01:10:19Z JEFFREY M HODGES 56380284 false X WWW.PEARIVER.COM X TO PROVIDE THE BEST VALUE IN QUALITY ELECTRIC AND RELATED SERVICES IN SOUTHEAST ALABAMA. 9 9 88 1517503 0 50979438 54361365 525670 342957 336741 1675962 51841849 56380284 0 1218430 1163649 1202893 1287323 0 0 47823900 51825752 50245223 54276724 1596626 2103560 148492008 182718794 79311974 111742310 69180034 70976484 X TO PROVIDE THE BEST VALUE IN QUALITY ELECTRIC AND RELATED SERVICES IN SOUTHEAST ALABAMA. false false UTILIZING APPROXIMATELY 3,218 MILES OF DISTRIBUTION LINES, PEA RIVER ELECTRIC COOPERATIVE, INC. SOLD 322,993,151 KILOWATT HOURS OF ELECTRIC ENERGY TO ITS MEMBERS. THE COOPERATIVE PROVIDED ELECTRIC SERVICE TO 14,510 MEMBERS. false false false false false false false false false true false true false true false true false false false false false false false false false false false false true false false false false false false false false false false false true true true false true 23 0 true 88 true true true false false false false 53838798 3325716 false false false X 9 9 false false false false true true true true true false false false true true true true true true true false X X JEFFREY M HODGES 3347742545 1311 WEST ROY PARKER ROAD OZARK AL 36361 BRIAN WHATLEY VP OPERATION 55.00 X 154177 0 160591 JEFFREY M HODGES CEO 60.00 X 207440 0 85559 EUGENE JACKSON ENGINEER 50.00 X 177097 0 68692 BRENDA OVERTON VP BROADBAND 45.00 X 153798 0 24728 JOSHUA GERMAN CONSTRUCTION 56.00 X 136289 0 33929 JUSTIN BRADDY CONSTRUCTION 53.00 X 144030 0 25378 CHELSEY POLUMBO CFO 42.00 X 105322 0 24984 BILLY W DANZEY TRUSTEE 10.00 X 37914 0 0 MICHAEL STARLING TRUSTEE 14.00 X 15300 0 22343 JACK EDWIN JONES JR TRUSTEE 12.00 X 35594 0 0 LARRY L GRANTHAM TRUSTEE 12.00 X 13200 0 22166 BRAXTON GREEN VICE PRESIDE 10.00 X X 32294 0 0 LEE T PETERS PRESIDENT 8.00 X X 31694 0 0 JAMES E MILLER TRUSTEE 8.00 X 8480 0 22272 LOWELL BRISTOW TRUSTEE 8.00 X 7500 0 22343 WILLIAM H STRICKLAND SECRETARY 6.00 X X 27194 0 0 1287323 512985 7 false true false BROADBAND TECHNICAL RESOURCE 152 MOLLY WALTON DR HENDERSONVILLE TN 37075 CONSULTING 9808303 SOUTHERN STATES UTILITY INC 710 WATER OAK LANE TALLADEGA AL 35160 POLE REPAIR 3338163 FIBERRISE COMMUNICATIONS LLC 8000 RIDEOUT RD HUNTSVILLE AL 35808 CONSULTING 2060099 HTC PO BOX 1007 ANDALUSIA AL 36420 ROW CLEARING 1432200 KINGS TABLE POWERLINE SERV INC PO BOX 425 ARITON AL 36311 CONSTRUCTION 893409 6 SALES OF ELECTRICITY 54361365 54361365 54361365 342957 342957 1517503 1517503 1517503 1517503 CAPITAL CREDITS 833729 833729 OTHER 105080 105080 E.I.92-2353908 -780350 -780350 158459 56380284 54862781 1517503 1163649 521932 765391 4058129 4824287 COST OF POWER 29470162 DISTRIBUTION EXP - MAINT 7043101 ADMINISTRATIVE & GENERAL 1822243 CONSUMER ACCTS EXP 1750037 2857793 54276724 0 0 0 1899923 678284 1000000 1880000 5398063 8319386 108496 2971031 2326838 337411 514681 200395456 52716278 115516006 147679178 -615695 21261078 21936122 148492008 182718794 6981405 7072531 68043769 99728664 4286800 4941115 79311974 111742310 X 72015 72564 69108019 70903920 69180034 70976484 148492008 182718794 X 2103560 -307110 X false true X true true 160163 160163 200235293 52716278 147519015 147679178 PATRONAGE CAPITAL - POWERSOUTH 19314844 C PATRONAGE CAPITAL - CFC 850776 C PATRONAGE CAPITAL - GRESCO 560204 C PATRONAGE CAPITAL - FEDERATED INS 269745 C PATRONAGE CAPITAL - CFC 251532 C PATRONAGE CAPITAL - UNITED UTILITY 238892 C PATRONAGE CAPITAL - CO BANK 218186 C PATRONAGE CAPITAL - SEDC 181230 C PATRONAGE CAPITAL - CRC 27589 C PATRONAGE CAPITAL - NRTC 19999 C PATRONAGE CAPITAL - ARKANSAS 3125 C 21936122 PROVISION FOR PENSIONS 4069319 CONSUMER DEPOSITS 719237 DEFERRED CREDITS 117659 LEASES 34900 4941115 56380284 56380284 56380284 54276724 54276724 54276724 SCHEDULE D, PAGE 4, PART XII, LINE 4B RETIREMENT OF CAPITAL CREDITS PAID 0 false false false BRIAN WHATLEY VP OPERATIONS 154177 138577 22014 314768 JEFFREY M HODGES CEO 207440 65156 20403 292999 EUGENE JACKSON ENGINEER 177097 48289 20403 245789 BRENDA OVERTON VP BROADBAND 153798 17288 7440 178526 JOSHUA GERMAN CONSTRUCTION FOREMAN 136289 13526 20403 170218 JUSTIN BRADDY CONSTRUCTION FOREMAN 144030 4975 20403 169408 FORM 990, PAGE 2, PART III, LINE 4D THE COOPERATIVE PROVIDED ELECTRIC SERVICE TO 14,510 MEMBERS. FORM 990, PAGE 6, PART VI, LINE 6 PEA RIVER ELECTRIC COOPERATIVE OPERATES ON THE COOPERATIVE BASIS HAVING MEMBERS WITH EQUAL VOTING RIGHTS AND WHO ARE ASSIGNED MARGINS IN ACCORDANCE WITH THE COOPERATIVE'S BY-LAWS. FORM 990, PAGE 6, PART VI, LINE 7A TRUSTEES ARE ELECTED TO SERVE THREE YEAR, STAGGERED TERMS THEREFORE, THREE TRUSTEES ARE ELECTED EACH YEAR. FORM 990, PAGE 6, PART VI, LINE 7B THE MEMBERSHIP MUST APPROVE CHANGES TO THE COOPERATIVE'S BY-LAWS AS WELL AS ANY OTHER DECISION REQUIRING APPROVAL OF THE MEMBERSHIP BY THE ARTICLES OF INCORPORATION AND/OR BY-LAWS. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT CONDUCTED A REVIEW OF THE FORM 990 BEFORE IT WAS PRESENTED TO THE BOARD OF TRUSTEES. A COPY OF THE COMPLETED FORM 990 WAS THEN PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW AT A SCHEDULED BOARD MEETING PRIOR TO THE FILING OF THE FORM 990 WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C OFFICERS AND TRUSTEES ARE REQUIRED TO DISCLOSE, ANNUALLY, ANY CONFLICTS OF INTEREST ON A QUESTIONNAIRE. FORM 990, PAGE 6, PART VI, LINE 15A USING COMPARABLE DATA, THE BOARD OF TRUSTEES DETERMINE AND APPROVE ALL WAGES AND SALARIES FOR THE COOPERATIVE EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 15B USING COMPARABLE DATA, THE BOARD OF TRUSTEES DETERMINE AND APPROVE ALL WAGES AND SALARIES FOR THE COOPERATIVE'S EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT ITS MAIN OFFICE IN OZARK, ALABAMA. FORM 990, PART XI, LINE 9 UTILITY TAX REFUNDS 174,534 OTHER EQUITIES & MARGINS 0 MEMBERSHIPS 549 OTHER EQUITIES & MARGINS -482,193 MEMBERSHIPS 0 TOTAL -307,110 PEA RIVER BROADBAND LLC 1311 W ROY PARKER ROAD OZARK AL 36360 922353908 BROADBAND AL N/A false true false false false false false false false false true false false false false false false true false false PEA RIVER BROADBAND LLC J 1517503 LEASE AGREEMENT PEA RIVER BROADBAND LLC D 1837869 ACCRUAL BASIS PEA RIVER BROADBAND LLC Q 1432886 ACCRUAL BASIS