2025-11-13T09:37:26-06:00 2024-12-31 720398470 HEARD MCELROY & VESTAL LLC 1900 NORTH 18TH STREET SUITE 300 MONROE LA 71201 990 2024-01-01 710205220 ASHLEY-CHICOT ELECTRIC COOPERATIVE INC ASHL 8708535212 307 E JEFFERSON STREET HAMBURG AR 71646 JOHN E LEE CEO 8708535212 2025-11-12 1 0 REBECCA VANNATTAN CPA P01781574 3183883108 2025-11-14 2024 2025-03-06 01:10:19Z EMORY AUSTIN 307 E JEFFERSON STREET HAMBURG AR 71646 14909855 0 X WWW.ASHLEY-CHICOT.COM X 1941 AR SALE OF ELECTRICITY TO RURAL MEMBERS 7 5 25 0 490828 -31662 0 0 11631690 14043770 109250 73753 244960 792332 11985900 14909855 0 0 925838 2615513 492131 411862 0 0 0 10567931 11882480 11985900 14909855 0 0 46229416 50332696 25481928 27278514 20747488 23054182 SALE OF ELECTRICITY TO RURAL MEMBERS 0 0 PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 5,117 RURAL MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 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 27 0 1 25 1 1 1 0 0 0 0 14321995 587860 0 0 0 X 7 5 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 X RODNEY CHAPMAN 8708535212 307 E JEFFERSON ST HAMBURG AR 71646 RICHARD STOCK DIRECTOR 2.00 X 2186 0 236 JUSTIN GREEN DIRECTOR 3.00 X 4406 0 236 ANDREW HARTSHORN DIRECTOR 3.00 X 15059 0 236 MIKE HUGGINS DIRECTOR 2.00 X 2166 0 236 EMORY AUSTIN PRESIDENT 8.00 X 3062 0 236 MARTHA PENNINGTON SECRETARY 5.00 X 12272 0 236 MARK PIERONI VICE PRESIDENT 2.00 X 4947 0 236 RODNEY CHAPMAN GENERAL MANAGER 40.00 X 128800 0 23898 THOMAS WELLS OPERATIONS MANAGER 40.00 X 115679 0 23411 FRANK DODSON CONSTRUCTION FORMAN 40.00 X 108813 0 23224 MARCUS COLLINS LEAD SERVICE MAN 40.00 X 111843 0 23206 FRANK DAVIS CONSTRUCTION FORMAN 40.00 X 100132 0 23144 609365 0 118535 5 0 1 0 ARKANSAS ELECTRIC COOP INC PO BOX 190257 LITTLE ROCK AR 722190257 LINE CONSTRUCTION AND MATERIALS 795160 CONEXON LLC 2001 GRAND BLVD STE 700 KANSAS CITY MO 64108 BROADBAND SERVICES 645518 HIGHLAND CABLING LLC 1121 APPLEGATE ST SIKESTON MO 638012249 CABLING SERVICES 622155 MDR CONSTRUCTION INC 621 EAST BAYLIS CHAPEL RD COLUMBIA MS 39429 LINE CONSTRUCTION 617545 TECHLINE LTD PO BOX 674005 DALLAS TX 752674005 LINE MATERIALS 433601 9 SALES OF ELECTRICITY 221000 13085121 13085121 GENERATION & TRANSMISSION CAPITAL 221000 426302 426302 MISC ELECTRIC REVENUE 221000 324414 324414 PATRONAGE CAPITAL CREDIT 221000 207933 207933 14043770 62153 62153 23279 0 23279 23279 23279 11600 0 11600 11600 11600 INTERNET REVENUE 517000 490828 490828 OTHER INCOME 221000 278225 278225 769053 14909855 14321995 490828 97032 2615513 172897 120427 118538 65074 34746 19296 8021 976477 1581080 COST OF POWER PURCHASED 5569176 DISTRIBUTION - MAINTENA 1377960 CONSUMER SERVICES 645303 DISTRIBUTION - OPERATIO 539090 1066257 14909855 403155 605665 1066728 1894345 1240361 1025044 526057 503493 41540 47252 61560590 20406801 38232617 41153789 4358130 4720114 360828 382994 46229416 50332696 954293 966300 356857 393480 24136342 25491119 34436 427615 25481928 27278514 X 40485 40630 0 0 20707003 23013552 20747488 23054182 46229416 50332696 X 0 2306694 X 0 1 X 1 0 61560590 20406801 41153789 41153789 ARKANSAS ELECTRIC COOPERATIVE CORP PATRONAGE CAPITAL 4239890 C NAT'L RURAL UTILITIES COOPERATIVE FINANCE CORP PATRONAGE CAPITAL 235842 C FEDERATED RURAL ELECTRIC INSURANCE CORP 147983 C NAT'L INFORMATION SOLUTIONS COOPERATIVE PATRONAGE CAPITAL 66398 C MISCELLANEOUS INVESTMENTS 30001 C 4720114 CURRENT PORTION - POSTRETIREMENT BENEFITS 5600 ACCRUED POSTRETIREMENT BENEFIT COST 23215 ACCRUED TAXES 292616 OTHER CURRENT AND ACCRUED LIABILITIES 106184 427615 X 14909855 0 14909855 0 14909855 12294342 0 12294342 2615513 2615513 14909855 PART X, LINE 2: THE COOPERATIVE IS REQUIRED TO REVIEW VARIOUS TAX POSITIONS IT HAS TAKEN WITH RESPECT TO ITS TAX-EXEMPT STATUS AND DETERMINE WHETHER IN FACT IT CONTINUES TO QUALIFY AS A TAX-EXEMPT ENTITY. IN ADDITION, AS A TAX-EXEMPT ENTITY, THE COOPERATIVE MUST ASSESS WHETHER IT HAS ANY TAX POSITIONS ASSOCIATED WITH UNRELATED BUSINESS INCOME SUBJECT TO INCOME TAX. THE COOPERATIVE DOES NOT EXPECT ANY OF ITS TAX POSITIONS TO CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS. ANY PENALTIES RELATED TO LATE FILING OR OTHER REQUIREMENTS WOULD BE RECOGNIZED AS PENALTIES EXPENSE IN THE COOPERATIVE'S ACCOUNTING RECORDS. THE COOPERATIVE IS REQUIRED TO FILE U.S. FEDERAL FORM 990 FOR INFORMATIONAL PURPOSES. ITS FEDERAL INCOME TAX RETURNS FOR THE TAX YEARS 2023, 2022, AND 2021 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XII, LINE 4B - OTHER ADJUSTMENTS: PATRONAGE CAPITAL CREDITS ALLOCATED TO THE COOPERATIVE'S MEMBERS 2,615,513. X 1 1 X 0 0 0 RODNEY CHAPMAN GENERAL MANAGER 128800 0 0 0 0 0 0 0 23898 0 152698 0 0 0 PART I, LINE 1A DIRECTORS AND DIRECTOR SPOUSES ATTEND SUMMER AND WINTER CONFERENCES. DIRECTORS ARE REIMBURSED PER DIEM, MEALS AND MILEAGE. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE ALLOCATED MARGINS ANNUALLY BASED ON USAGE FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT AND THE AUDITOR REVIEW FORM 990 PRIOR TO FILING. THE BOARD REVIEWS THE COMPLETED 990 AT THE BOARD MEETING FOLLOWING THE FILING OF FORM 990. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS AND MANAGEMENT REVIEW POLICIES ANNUALLY AND MONTHLY AT BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, FORM 1024, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE COOPERATIVE'S OFFICE. IT IS NOTED IN THE ANNUAL REPORT TO MEMBERS THAT THESE REPORTS ARE AVAILABLE FOR EXAMINATION. FORM 990, PART XI, LINE 9: CHANGES TO MEMBERSHIPS, CAPITAL & OTHER COMPREHENSIVE INCOME IN THE YEAR 2,306,694. FUSE RURAL CONNECT LLC PO BOX 431 HAMBURH AR 71646 384174614 INTERNET PROVIDER AR 490828 57240 ASHLEY-CHICOT ELECTRIC COOPERATIVE INC