2025-11-03T08:24:39-06:00 2025-06-30 610420207 JONES NALE & MATTINGLY PLC 401 WEST MAIN STREET SUITE 1100 LOUISVILLE KY 40202 990 2024-07-01 610378848 WEST KENTUCKY RURAL ELECTRIC COOPERATIVE CORPORATION WEST 2702471321 PO BOX 589 MAYFIELD KY 42066 ROBERT HARGROVE BOARD PRESIDENT 2702471321 2025-10-22 1 1 TRAVIS C FRICK P01728213 5025830248 2024 2025-03-06 01:10:19Z ROBERT HARGROVE PO BOX 589 MAYFIELD KY 42066 109796330 0 X WWW.WKRECC.COM X 1938 KY DISTRIBUTE ELECTRICITY TO COOPERATIVE'S MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND MANAGEMENT. 10 10 112 0 0 0 0 0 97553804 109170961 155841 144098 452632 481271 98162277 109796330 0 0 0 0 9720133 10460150 0 0 0 87288474 96719359 97008607 107179509 1153670 2616821 185438249 193146814 90473008 95517077 94965241 97629737 DISTRIBUTE ELECTRICITY TO COOPERATION'S MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND AND GOOD MANAGEMENT. 0 0 107179509 109796330 DISTRIBUTED 908,204,334 KILOWATT-HOURS OF ELECTRIC ENERGY TO 41,045 MEMBERS DURING FY 2025. 107179509 0 0 0 0 0 0 0 0 0 1 0 0 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 0 0 0 0 1 17 0 1 112 1 0 0 0 0 0 0 0 107402634 625369 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X WEST KENTUCKY RURAL ELECTRIC CO ERIN ELLIOTT 2702471321 PO BOX 589 MAYFIELD KY 42066 ROBERT HARGROVE BOARD PRESIDENT 5.06 X X 16350 0 0 TROY ENGLISH BOARD VICE PRESIDENT 6.59 X X 15700 0 0 CHAD WILLETT BOARD SEC/TREAS 3.96 X X 13800 0 0 BENNY ADAIR BOARD MEMBER 6.58 X 16150 0 0 DENNIS BARNES BOARD MEMBER 2.85 X 12900 0 0 MIKE BURCHETT BOARD MEMBER 2.31 X 15450 0 0 JED CLARK BOARD MEMBER 3.31 X 13950 0 0 KEVIN CRIDER BOARD MEMBER 3.56 X 14000 0 0 MARK ELLIOTT BOARD MEMBER 3.88 X 13650 0 0 JAMIE POTTS BOARD MEMBER 4.73 X 15900 0 0 DAVID SMART PRESIDENT/CEO 40.00 X 303497 0 110053 HEATHER FOLEY VP OF ADMIN & FINANCE 40.00 X 167812 0 67220 JUSTIN MCCANN VP OF ENGINEERING 40.00 X 169490 0 64195 WILLIAM EVANS VP OF OPERATIONS 40.00 X 156194 0 62829 ROBERT WICKER MANAGER OF OPERATIONS 40.00 X 151232 0 37487 KEVIN ENGLAND JOURNEY LINEMAN 40.00 X 128809 0 46005 STEVEN WATKINS JOURNEY LINEMAN 40.00 X 136870 0 46017 RYAN MORTON JOURNEY LINEMAN 40.00 X 129509 0 47648 JERRY BECKLEY VP OF COMPUTING & IT 40.00 X 144493 0 58482 1635756 0 539936 33 0 1 0 MCKENZIE TREE SERVICE 2141 TN AVE N PARSONS TX 38363 RIGHT OF WAY 1168237 WA KENDALL & CO 2736 MEADOW CHURCH RD ST 200 DULUTH GA 30097 RIGHT OF WAY 1145060 CRUSE POWERLINE CONSTRUCTION 120 TOWER FR MAYFIELD KY 42066 LINE CONSTRUCTION 1017056 XYLEM TREE EXPERTS 208 EAST PLUME STE 250 NORFOLK VA 23510 RIGHT OF WAY 891962 SWIFT ENVIRONMENTAL 1176 SPRING ROAD ALMO KY 42020 UNDERGROUND LINE CONSTRUCTION 547021 15 ELECTRIC SALES 221000 106155168 106155168 RENT FROM ELECTRIC COMPANY 221000 1768327 1768327 MISC SERVICE 221000 704868 704868 REVENUE FROM LATE PAYMENTS 221000 541398 541398 OTHER 221000 1200 1200 109170961 144098 144098 PATRONAGE CAPITAL 221000 476998 476998 MERCHANDIZING, JOBBING, ETC. 221000 4273 4273 481271 109796330 109796330 0 0 1089335 5507433 1960275 1419883 483224 40192 18603 132872 805030 1458803 5700 777568 79126 2520251 171055 8238612 482254 ELECTRIC ENERGY FOR SAL 71796308 RIGHT OF WAY CLEARNING 4720450 PROPERTY AND GROSS RECE 2934588 OTHER 2537947 107179509 2313657 5424961 2014900 2345740 10662970 11088334 2685592 2142535 356746 408787 245257192 78451882 162878216 166805310 3969608 4312654 556560 618493 185438249 193146814 19636650 20167021 68611265 73220759 2225093 2129297 90473008 95517077 X 0 0 0 0 94965241 97629737 94965241 97629737 185438249 193146814 X 2616821 47675 X X 0 1 X 1 1 1 1835074 1835074 10290203 4263027 6027176 33239 33239 0 47967024 21006898 26960126 185131652 53148718 131982934 166805310 POST RETIREMENT BENEFITS 1766380 ADVANCES FOR CONSTRUCTION - REFUNDABLE 129000 ENERGY SERVICE LOANS - ADVANCES 75170 BUDGET BILLING - ADVANCES 115946 DEFERRED COMP - 457B 41236 JOINT RENT USE OF POLES 1565 2129297 X 109796330 0 109796330 0 109796330 107179509 0 107179509 0 107179509 PART X, LINE 2: WEST KENTUCKY'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE/BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. WEST KENTUCKY HAS NO UNCERTAIN TAX POSITIONS RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT. X X X 0 0 0 DAVID SMART PRESIDENT/CEO 303497 0 0 0 0 0 87836 0 22217 0 413550 0 0 0 HEATHER FOLEY VP OF ADMIN & FINANCE 167812 0 0 0 0 0 44443 0 22777 0 235032 0 0 0 JUSTIN MCCANN VP OF ENGINEERING 169490 0 0 0 0 0 41418 0 22777 0 233685 0 0 0 WILLIAM EVANS VP OF OPERATIONS 156194 0 0 0 0 0 40052 0 22777 0 219023 0 0 0 JERRY BECKLEY VP OF COMPUTING & IT 144493 0 0 0 0 0 36264 0 22218 0 202975 0 0 0 ROBERT WICKER MANAGER OF OPERATIONS 151232 0 0 0 0 0 15269 0 22218 0 188719 0 0 0 STEVEN WATKINS JOURNEY LINEMAN 136870 0 0 0 0 0 23240 0 22777 0 182887 0 0 0 RYAN MORTON JOURNEY LINEMAN 129509 0 0 0 0 0 24871 0 22777 0 177157 0 0 0 KEVIN ENGLAND JOURNEY LINEMAN 128809 0 0 0 0 0 23228 0 22777 0 174814 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ANY PERSON, FIRM OR PUBLIC ENTITY MAY BECOME A MEMBER OF THE COOPERATIVE BY PAYING A MEMBERSHIP FEE IN THE AMOUNT OF $5.00 AND AGREEING TO PURCHASE FROM THE COOPERATIVE ELECTRIC ENERGY ACCORDING TO TERMS SPECIFIED IN THE MEMBERSHIP AGREEMENT AND BYLAWS OF THE COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 7A AT EACH ANNUAL MEETING OF THE MEMBERS, THE APPROPRIATE NUMBER OF DIRECTORS, SUCH AS THE NUMBER HAS BEEN DETERMINED BY THE BOARD, SHALL BE ELECTED BY BALLOT AND FROM THE MEMBERS OF THEIR RESPECTIVE DISTRICTS FOR A PERIOD OF 4 YEARS OR UNTIL THEIR RESPECTIVE SUCCESSORS HAVE BEEN ELECTED AND QUALIFIED, SUBJECT TO THE PROVISION OF THE BYLAWS WITH RESPECT TO THE REMOVAL OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL QUESTIONNAIRES ARE COMPLETED BY EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DETERMINES THE SALARY OF THE CEO BASED UPON PERFORMANCE REVIEW AND COMPARABILITY DATA PROVIDED BY AN INDEPENDENT THIRD PARTY. OTHER SALARIES ARE DETERMINED BY REVIEW OF THIRD PARTY COMPARABILITY DATA SUBJECT TO APPROVAL BY MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES MEMBERS WITH A COPY OF THE COOPERATIVE'S BYLAWS UPON APPLICATION FOR SERVICE. FINANCIAL STATEMENTS ARE PRESENTED TO THE MEMBERSHIP AT THE COOPERATIVE'S ANNUAL MEETING AND UPON REQUEST. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST BY A MEMBER(S). FORM 990, PART XI, LINE 9: MEMBERSHIPS ISSUED, NET 636. ACCUMULATED COMPREHENSIVE INCOME 47,039. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGES FROM THE PRIOR YEAR.