Form 990 for tax year 2025

2a · Program service revenue: ELECTRIC SALES

total $33,541,898 · related or exempt $33,541,898

2b · Program service revenue: OTHER SALES

total $311,550 · related or exempt $311,550

3 · Investment income

total $443,140 · excluded $443,140

7a · Gross sales of assets other than inventory

other assets $988,998

7b · Less cost or other basis and sales expenses

other assets $329,909

7c · Gain or loss

other assets $659,089

7d · Net gain or loss

total $659,089 · excluded $659,089

11a · Other revenue: CAPITAL CREDITS

total $2,140,168 · related or exempt $2,140,168

11b · Other revenue: FIBER & SATELLITE

total $82,523 · unrelated business $89,823 · excluded -$7,300

11c · Other revenue: GENERATORS

total $33,882 · unrelated business $32,587 · excluded $1,295

11d · All other revenue

total $10,512 · excluded $10,512

11e · Other revenue, total

$2,267,085

4 · Benefits paid to or for members

total $3,793,540

5 · Compensation of officers, directors and key employees

total $584,547

20 · Interest

total $1,735,545

22 · Depreciation, depletion and amortization

total $2,932,508

24a · Other expenses: COST OF POWER

total $19,301,854

24b · Other expenses: DISTRB - MAINT

total $2,897,529

24c · Other expenses: ADMINISTRATIVE AND GENE

total $1,694,727

24d · Other expenses: DISTRB - OPS

total $1,382,850

24e · All other expenses

total $1,384,165

1 · Cash, non-interest-bearing

beginning of year $1,222,314 · end of year $7,855

2 · Savings and temporary cash investments

beginning of year $4,395,392 · end of year $3,641,778

4 · Accounts receivable

beginning of year $4,408,809 · end of year $3,582,269

7 · Other notes and loans receivable

beginning of year $0

8 · Inventories for sale or use

beginning of year $1,843,603 · end of year $1,490,174

9 · Prepaid expenses and deferred charges

beginning of year $426,388 · end of year $180,945

10a · Land, buildings and equipment: cost or other basis

$117,588,363

10b · Land, buildings and equipment: accumulated depreciation

$35,231,220

10c · Land, buildings and equipment, net

beginning of year $77,522,887 · end of year $82,357,143

13 · Investments: program-related

beginning of year $16,087,119 · end of year $17,829,007

15 · Other assets

beginning of year $1,613,819 · end of year $1,049,324

17 · Accounts payable and accrued expenses

beginning of year $5,643,108 · end of year $6,805,827

19 · Deferred revenue

beginning of year $1,721,785 · end of year $1,148,778

21 · Escrow or custodial account liability

beginning of year $6,657 · end of year $6,834

23 · Secured mortgages and notes payable

beginning of year $61,646,736 · end of year $59,460,303

25 · Other liabilities

beginning of year $1,321,157 · end of year $1,042,111

29 · Capital stock, trust principal or current funds

beginning of year $0 · end of year $0

30 · Paid-in or capital surplus, or land, building or equipment fund

beginning of year $0 · end of year $0

31 · Retained earnings, endowment or other funds

beginning of year $37,180,888 · end of year $41,674,642