Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: SALES OF ELECTRICITY

  total $55,442,962 · related or exempt $55,442,962

• 2b · Program service revenue: PATRONAGE DIVIDENDS

  total $2,354,968 · related or exempt $2,354,968

• 2c · Program service revenue: SERVICE FEES

  total $366,792 · related or exempt $366,792

• 2d · Program service revenue: WHEELING

  total $159,629 · related or exempt $159,629

• 2e · Program service revenue: OTHER PROGRAM REVENUE

  total $60,364 · related or exempt $60,364

• 3 · Investment income

  total $3,890 · excluded $3,890

• 6a · Gross rents

  real property $1,801

• 6b · Less rental expenses

  real property $11,722

• 6c · Rental income or loss

  real property -$9,921

• 6d · Net rental income or loss

  total -$9,921 · excluded -$9,921

• 7a · Gross sales of assets other than inventory

  other assets $22,240

• 7b · Less cost or other basis and sales expenses

  other assets $38,059

• 7c · Gain or loss

  other assets -$15,819

• 7d · Net gain or loss

  total -$15,819 · related or exempt -$15,819

• 11a · Other revenue: POLE ATTACHMENT INCOME

  total $220,004 · excluded $220,004

• 11e · Other revenue, total

  $220,004

Functional expenses

Part IX, the statement of functional expenses.

• 4 · Benefits paid to or for members

  total $2,218,959

• 5 · Compensation of officers, directors and key employees

  total $578,730

• 7 · Other salaries and wages

  total $6,880,954

• 8 · Pension plan contributions

  total $470,360

• 9 · Other employee benefits

  total $987,280

• 10 · Payroll taxes

  total $625,919

• 20 · Interest

  total $3,098,414

• 22 · Depreciation, depletion and amortization

  total $4,298,790

• 24a · Other expenses: PURCHASED POWER

  total $30,556,668

• 24b · Other expenses: ADMIN & GENERAL EXPENSE

  total $4,872,313

• 24c · Other expenses: DISTRIBUTION EXPENSE

  total $1,937,636

• 24d · Other expenses: CONSUMER EXPENSE

  total $648,832

• 24e · All other expenses

  total $893,860

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,962,275 · end of year $3,349,606

• 2 · Savings and temporary cash investments

  beginning of year $415,945 · end of year $417,584

• 4 · Accounts receivable

  beginning of year $5,508,618 · end of year $4,962,050

• 7 · Other notes and loans receivable

  beginning of year $182,385 · end of year $182,385

• 8 · Inventories for sale or use

  beginning of year $4,299,052 · end of year $4,616,804

• 9 · Prepaid expenses and deferred charges

  beginning of year $708,203 · end of year $732,320

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

  $171,862,044

• 10b · Land, buildings and equipment: accumulated depreciation

  $73,776,616

• 10c · Land, buildings and equipment, net

  beginning of year $97,275,433 · end of year $98,085,428

• 13 · Investments: program-related

  beginning of year $24,040,228 · end of year $26,272,538

• 15 · Other assets

  beginning of year $9,054,068 · end of year $9,389,705

• 17 · Accounts payable and accrued expenses

  beginning of year $8,089,945 · end of year $8,045,634

• 23 · Secured mortgages and notes payable

  beginning of year $75,080,411 · end of year $73,197,326

• 25 · Other liabilities

  beginning of year $2,033,658 · end of year $2,797,226

• 29 · Capital stock, trust principal or current funds

  beginning of year $113,380 · end of year $106,305

• 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 $61,128,813 · end of year $63,861,929

The filer's explanations (Part III)

PART I, LINE 1A

GYM/FITNESS REIMBURSEMENT - ONE INDIVIDUAL REPORTED ON FORM 990 PART VII, GERALDINE ROMERO, RECEIVED THIS BENEFIT DURING THE YEAR.