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Nonprofiteer
← OKLAHOMA ASSOCIATION OF ELECTRIC COOPERATIVES INC

Form 990 for tax year 2022

Filed by OKLAHOMA ASSOCIATION OF ELECTRIC COOPERATIVES INC.

Totals

Total revenue
$6,752,398
Total expenses
$7,061,964
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$5,798,776
Investment income
$52,085
Other revenue
$901,537
Total assets, end of year
$7,543,552
Total liabilities, end of year
$1,301,598
Net assets or fund balances, end of year
$6,241,954
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: Membership Dues & Assessments

    total $5,798,776 · related or exempt $5,798,776

  • 3 · Investment income

    total $16,463 · related or exempt $16,463

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $98,046

  • 6c · Rental income or loss

    real property $98,046

  • 6d · Net rental income or loss

    total $98,046 · excluded $98,046

  • 7a · Gross sales of assets other than inventory

    other assets $43,500

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

    other assets $7,878

  • 7c · Gain or loss

    other assets $35,622

  • 7d · Net gain or loss

    total $35,622 · related or exempt $35,622

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: Advertising income

    total $753,491 · unrelated business $753,491

  • 11b · Other revenue: Self insurers fund

    total $50,000 · unrelated business $50,000

  • 11e · Other revenue, total

    $803,491

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $909,717

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $1,438,722

  • 8 · Pension plan contributions

    total $630,412

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $137,378

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $259,060

  • 11c · Fees: accounting

    total $16,990

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $5,903

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $84,871

  • 14 · Information technology

    total $26,563

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $171,268

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $33,645

  • 20 · Interest

    total $3,933

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $257,428

  • 23 · Insurance

    total $317,675

  • 24a · Other expenses: Printing and Publications

    total $1,586,168

  • 24b · Other expenses: Safety & loss control adjusted

    total $324,773

  • 24c · Other expenses: Media advertising & promotion

    total $313,955

  • 24d · Other expenses: NRECA Int'l program

    total $100,000

  • 24e · All other expenses

    total $443,503

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,009,292 · end of year $1,967,601

  • 2 · Savings and temporary cash investments

    beginning of year $1,243,858 · end of year $1,184,495

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    beginning of year $224,388 · end of year $206,606

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $69,991 · end of year $11,033

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

    $6,768,062

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

    $2,594,245

  • 10c · Land, buildings and equipment, net

    beginning of year $4,200,132 · end of year $4,173,817

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $131,020 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $263,756 · end of year $338,245

  • 24 · Unsecured notes and loans payable

    beginning of year $189,684 · end of year $87,695

  • 25 · Other liabilities

    beginning of year $1,464,655 · end of year $875,658

  • 27 · Net assets without donor restrictions

    beginning of year $5,960,586 · end of year $6,241,954

Mission and programs · 2022

Mission

The Oklahoma Association of Electric Cooperatives is a statewide association created in 1942 and voluntarily supported by Oklahoma's non-profit electric cooperatives for the purpose to collectively perform services which would not be economical or practical for each individual cooperative to perform alone.Such services include a Safety & Loss Control program to train and certify electric cooperative linemen; a mutual aid disaster planning and coordination program; a self-insured workers compensation program to lower rates to its members; training programs for cooperative board members and managers, supervisors and employees; legislative and regulatory programs to ensure that the rights of electric cooperative member-consumers are fairly represented at state and national levels; and a monthly newspaper, Oklahoma Living, distributed to over 312,000 member-consumers to keep them informed of their energy and utility issues.

  • NA

As filed on the 2022 return.

Listed in Part VII

  • Chris Meyers

    Exec. VP/CEO

    Total calculated
    $482,873
    From this org
    $375,171
    From related orgs
    $0
    Other
    $107,702
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $375,171
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $107,702
    Filer's total
    $482,873

  • Jim Reece

    Director Legis & Regulatory Affairs

    Total calculated
    $225,039
    From this org
    $158,588
    From related orgs
    $0
    Other
    $66,451
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $158,588
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $66,451
    Filer's total
    $225,039

  • Kirbi Mills

    Director Admin Ser

    Total calculated
    $202,505
    From this org
    $140,233
    From related orgs
    $0
    Other
    $62,272
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,233
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $62,272
    Filer's total
    $202,505

  • Anna Politano

    Director PR & Comm

    Total calculated
    $201,805
    From this org
    $139,908
    From related orgs
    $0
    Other
    $61,897
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,908
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $61,897
    Filer's total
    $201,805

  • Derek Janaway

    Director LC

    Total calculated
    $184,947
    From this org
    $126,250
    From related orgs
    $0
    Other
    $58,697
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,250
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $58,697
    Filer's total
    $184,947

  • Stacey Howeth

    Director Member se

    Total calculated
    $178,720
    From this org
    $121,362
    From related orgs
    $0
    Other
    $57,358
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $121,362
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $57,358
    Filer's total
    $178,720

  • Cade Standifer

    Director LC NM

    Total calculated
    $163,311
    From this org
    $109,465
    From related orgs
    $0
    Other
    $53,846
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $109,465
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $53,846
    Filer's total
    $163,311

  • Julie Russell

    Director

    Total calculated
    $0
    Hours/week
    1

  • Greg Goetz

    Director

    Total calculated
    $0
    Hours/week
    1

  • Phillip King

    Director

    Total calculated
    $0
    Hours/week
    1

  • Mark Fuller

    Director

    Total calculated
    $0
    Hours/week
    1

  • Steve Marak

    Director

    Total calculated
    $0
    Hours/week
    1

  • Gary Highley

    Director

    Total calculated
    $0
    Hours/week
    1

  • James Wells

    Director

    Total calculated
    $0
    Hours/week
    1

  • Hunter Robinson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jana Burris

    Director

    Total calculated
    $0
    Hours/week
    1

  • Kooney Duncan

    Director

    Total calculated
    $0
    Hours/week
    1

  • Tom Kloeppel

    Director

    Total calculated
    $0
    Hours/week
    1

  • Aaron Roark

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ronnie Pevehouse

    Director

    Total calculated
    $0
    Hours/week
    1

  • Juli Orme

    Director

    Total calculated
    $0
    Hours/week
    1

  • Steve Robinson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Meason

    Director

    Total calculated
    $0
    Hours/week
    1

  • Larry Harvey

    Director

    Total calculated
    $0
    Hours/week
    1

  • Tim Smith

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jim Reeves

    Director

    Total calculated
    $0
    Hours/week
    1

  • Aaron Paxton

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jim Hadlock

    Director

    Total calculated
    $0
    Hours/week
    1

  • Todd Schroeder

    Director

    Total calculated
    $0
    Hours/week
    1

  • Larry Culwell

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ted Hilmes

    Director

    Total calculated
    $0
    Hours/week
    1

  • Verl Brorsen

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jason Boesch

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ron Pelanconi

    Director

    Total calculated
    $0
    Hours/week
    1

  • Brett Orme

    Director

    Total calculated
    $0
    Hours/week
    1

  • Robert Travis

    Director

    Total calculated
    $0
    Hours/week
    1

  • Clint Pack

    Director

    Total calculated
    $0
    Hours/week
    1

  • Scott Manes

    Director

    Total calculated
    $0
    Hours/week
    1

  • John Lee

    Director

    Total calculated
    $0
    Hours/week
    1

  • Charles Wyrick

    Director

    Total calculated
    $0
    Hours/week
    1

  • Daniel Webster

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jimmy Taylor

    Director

    Total calculated
    $0
    Hours/week
    1

  • Brent Meador

    Director

    Total calculated
    $0
    Hours/week
    1

  • John Bruce

    Director

    Total calculated
    $0
    Hours/week
    1

  • Tyson Littau

    Director

    Total calculated
    $0
    Hours/week
    1

  • Bob Usry

    Director

    Total calculated
    $0
    Hours/week
    1

  • Patrick Grace

    Director

    Total calculated
    $0
    Hours/week
    1

  • Lynn Carson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Kris Williams

    Director

    Total calculated
    $0
    Hours/week
    1

  • Robert York

    Director

    Total calculated
    $0
    Hours/week
    1

  • Kevin Wood

    Director

    Total calculated
    $0
    Hours/week
    1

  • Allen Wade

    Director

    Total calculated
    $0
    Hours/week
    1

  • Brent Sykora

    Director

    Total calculated
    $0
    Hours/week
    1

  • Brent Bacon

    Director

    Total calculated
    $0
    Hours/week
    1

  • Dusty Ricks

    Director

    Total calculated
    $0
    Hours/week
    1

  • Tracy Rogers

    Director

    Total calculated
    $0
    Hours/week
    1

  • James Fox

    Director

    Total calculated
    $0
    Hours/week
    1

  • Don Proctor

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jeff Simpson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ronny White

    Director

    Total calculated
    $0
    Hours/week
    1

  • Zac Perkins

    Director

    Total calculated
    $0
    Hours/week
    1

  • Vernon Lewis

    Director

    Total calculated
    $0
    Hours/week
    1

  • Alice Houston

    Director

    Total calculated
    $0
    Hours/week
    1

  • Donnie Bidegain

    Director

    Total calculated
    $0
    Hours/week
    1

  • Gary Roulet

    Director

    Total calculated
    $0
    Hours/week
    1

  • Albert Daniel

    Director

    Total calculated
    $0
    Hours/week
    1

  • Kari Hollandsworth

    Director

    Total calculated
    $0
    Hours/week
    1

  • Tyson Littau

    President

    Total calculated
    $0
    Hours/week
    1

  • Bob Usry

    Vice President

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Meason

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Ron Pelanconi

    Treasurer

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
30 October 2023
IRS schema version
2022v5.0
Source object
202323039349300232

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