2025-11-17T13:04:07-05:00 2024-12-31 743040374 Kelso Lynch PC PA 6700 Squibb Rd Ste 215 Mission KS 662023252 990 2024-01-01 370512347 Shelby Electric Cooperative % Josh M Shallenberger SHEL 2177743986 PO Box 560 Shelbyville IL 62565 JOSH M SHALLENBERGER CEO 2177743986 2025-11-14 true true GEORGE LYNCH P00187596 9138311150 2025-11-17 2024 2025-03-06 01:10:19Z Josh M Shallenberger PO Box 560 Shelbyville IL 62565 41560877 false X www.shelbyelectric.coop X 1938 IL To provide reliable electric power and related services to our members at an affordable cost. 9 9 72 39021 0 2434670 2934564 39807974 38503810 71156 10860 13954 51058 42327754 41500292 7500 10000 3407976 3441584 1353238 1442625 0 0 35124370 33671519 39893084 38565728 2434670 2934564 83722438 89151698 28894281 31128364 54828157 58023334 To provide reliable electric power and related services to our members at an affordable cost. false false Shelby Electric Cooperative serves all or parts of Christian, Cumberland, Efingham, Fayette, Macon, Montgomery, Moultrie, Sangamon and Shelby couties. The Cooperative serves around 10,000 member-owners with over 2,200 miles of energized line. false false false false false false false false false true false true false true true false true false false false false false false false false false true false true false false false false false false false false false false false true true true false true 47 0 true 72 true true true false false false false 37070792 1683739 false false false X 9 9 false false false false true true true true true false false true true true true true true true true true false X Josh M Shallenberger 2177743986 PO Box 560 Shelbyville IL 62565 Josh M Shallenberger CEO 45.00 0.00 X 307741 0 146716 Bradley R Wright Operations 45.00 0.00 X 155374 0 80023 Nicholas J Ray Operations 45.00 0.00 X 141742 0 38244 James A Matlock COO 45.00 0.00 X 149055 0 27787 Lucas C Morse Operations 45.00 0.00 X 143854 0 30137 Terry L Oldham Operations 45.00 0.00 X 146875 0 17577 Robert Holthaus Director 3.00 0.00 X 16400 0 0 Rob Bullock Director 1.00 0.00 X 6000 0 0 Brent Lively Director 2.00 0.00 X 5700 0 0 Greg Mackling Director 1.00 0.00 X 5700 0 0 David Keown Director 2.00 0.00 X 5700 0 0 Tim Lenz Director 1.00 0.00 X 4800 0 0 Scott Ohmes Director 2.00 0.00 X 4500 0 0 John Gardner Director 2.00 0.00 X 4500 0 0 Nick Dunaway Director 1.00 0.00 X 4200 0 0 1102141 0 340484 6 false true false NISC PO Box 1177 Mandan ND 58554 SoftwareSupport 279695 JF Electric Inc 100 Lakefront Pkwy Edwardsville IL 62025 Contractor-Fiber 111225 American Fiber Construction 111 N Commerical Drive Suite 3 Teutopolis IL 62467 Fiber Services 632651 Endrizzi Contracting Inc 610 Old RT 146 Loop Vienna IL 62995 Land Clearing 342000 Toth & Associates Inc 1550 E Republic Road Springfield MO 65804 Engineering Svc 226710 5 2934564 2934564 Sale of Electricity 221000 35769885 35769885 Capital Credits 221000 1469105 1469105 Broadband Activities 221000 1062151 1062151 Other Operating 221000 202669 202669 38503810 67925 67925 48976 48976 48976 48976 3520 60585 -57065 -57065 -57065 0 Non Operating 900099 -36939 -36939 990-T Revenue 900099 39021 39021 2082 41500292 38466871 39021 59836 X 10000 3441584 688799 753826 1204441 2950366 Cost of Power 21428873 21428873 Admin & General 2059576 2059576 Distribution Expense 3592229 3592229 Member Services 1485802 1485802 950232 38565728 0 0 0 1706942 4775953 4222512 4632612 678696 666696 3257810 3020406 1159497 1097905 99746974 48982057 48144368 50764917 24552613 24193209 83722438 89151698 2630172 3249585 987087 2929086 18799830 19346399 5000000 4250000 1477192 1353294 28894281 31128364 X 3543151 3603336 51285006 54419998 54828157 58023334 83722438 89151698 X 2934564 260613 X false true X true true true 583107 583107 5733226 2883348 2849878 93430641 46098709 47331932 50764917 Investments in Associated Organizat 20922255 C Subordinate Certificates 848813 C Other Investments 2383603 C Non-Utility Property 38538 C 24193209 Post Retirement Benefit Obligation 1353294 1353294 X Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) The Cooperative has a letter of exemption from federal income tax, issued by the Internal Revenue Service and files IRS Form 990 annually. 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 they have adequately provided for all tax positions, amounts asserted by taxing authorities could be different than the positions taken by the entity. 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 and local tax examinations for years prior to 2021. false Herrick Fire Protection Disctrict PO Box 132 Herrick IL 62431 371408676 501c3 10000 CoBank Sharing Success Match X X X false false false Josh M Shallenberger CEO 307741 122148 24568 454457 James A Matlock COO 149055 4604 23183 176842 Lucas C Morse Operations 143854 18653 11484 173991 Nicholas J Ray Operations 141742 15543 22701 179986 Terry L Oldham Operations 146875 4207 13370 164452 Bradley R Wright Operations 155374 57264 22759 235397 Members or stockholder classes and rights Part VI line 6 Shelby Electric Cooperative is a member-owned electric distribution cooperative. Member election for additional members Part VI line 7a The members of the Cooperative elect the Board of Directors. Governing body decisions Part VI line 7b Members of the Cooperative must approve all of the following: (a) changes to Articles of Incorporation and/or Bylaws, (b) consolidation, merger, or sale/lease/exchange of all or substanially all of the Cooperatives property not in the ordinary course of business, (c) dissolution of the Cooperative, and (d) the removal of directors. Form 990 governing body review Part VI line 11 The Form 990 is reviewed by the Controller, CEO and corporate counsel first. It is then presented to the Board of Directors for review. Conflict of interest policy compliance Part VI line 12c The Chief Executive Officer monitors transactions with the Cooperative for potential conflicts of interest. CEO executive director top management comp Part VI line 15a The Process of determining compensation of the organizations CEO is done through annual appraisals with the salary set according to the compensation survey data. Other officer or key employee compensation Part VI line 15b The process of determining compensation of the organizations officers is done through a review of national and regional salary surveys, as well as internal position reviews. Governing documents etc available to public Part VI line 19 Bylaws are offered to all new members; all other documents are available at any time upon request. Explanation of other changes in net assets or fund balances Part XI line 9 Benefits Paid to Members $ 3,441,584Grants Applied to Plant $ -2,934,564Other Changes $ 6,181Change in OCI $ 32,217Retirements of Capital Credits $ -284,805Total $ 260,613 Part IX response or note to any line in Part IX Form 990, Part IX, Line 4 -The instructions of the 2024 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 operating margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net operating margins assignable to the members for the calendar year ended December 31, 2024. Shelby Energy Company 1355 State Highway 128 Shelbyville IL 62565 371325368 Propane Sales IL Shelby Electric Cooperative C Corp 2799365 2095844 1.00000 true false false false false false false false false true false false false false false false true false false Shelby Energy Company q 843469 Cost Shelby Energy Company aiv 29256 Cost Shelby Energy Company j 843469 Cost