Totals
- Total revenue
- $26,723,282
- Total expenses
- $26,723,282
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $26,482,061
- Investment income
- $78,030
- Other revenue
- $163,191
- Total assets, end of year
- $59,821,600
- Total liabilities, end of year
- $31,203,178
- Net assets or fund balances, end of year
- $28,618,422
- 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: ELECTRICITY SALES
total $25,409,454 · related or exempt $25,409,454
-
2b · Program service revenue: CAPITAL CREDITS
total $837,072 · related or exempt $837,072
-
2c · Program service revenue: OTHER ELECTRICAL INCOME
total $227,191 · related or exempt $227,191
-
2d · Program service revenue: POLE RENTAL
total $8,344 · excluded $8,344
-
3 · Investment income
total $78,030 · excluded $78,030
-
6a · Gross rents
real property $18,927
-
6c · Rental income or loss
real property $18,927
-
6d · Net rental income or loss
total $18,927 · excluded $18,927
-
11a · Other revenue: OTHER INCOME
total $58,203 · related or exempt $58,203
-
11b · Other revenue: MANAGEMENT FEE
total $42,514 · unrelated business $42,514
-
11c · Other revenue: FIRST CALL PHONE LEASE
total $32,660 · unrelated business $32,660
-
11d · All other revenue
total $10,887 · related or exempt $10,887
-
11e · Other revenue, total
$144,264
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $1,605,909
-
5 · Compensation of officers, directors and key employees
total $519,372
-
20 · Interest
total $831,643
-
22 · Depreciation, depletion and amortization
total $1,922,910
-
24a · Other expenses: PURCHASED POWER
total $17,028,487
-
24b · Other expenses: PLANT OPERATIONS
total $2,640,664
-
24c · Other expenses: ADMINISTRATIVE AND GENERA
total $1,686,766
-
24d · Other expenses: CUSTOMER ACCOUNT EXPENSES
total $306,729
-
24e · All other expenses
total $180,802
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $681,788 · end of year $728,355
-
2 · Savings and temporary cash investments
beginning of year $568,873 · end of year $1,049,764
-
4 · Accounts receivable
beginning of year $2,386,084 · end of year $2,710,582
-
7 · Other notes and loans receivable
beginning of year $110,390 · end of year $520,126
-
8 · Inventories for sale or use
beginning of year $957,854 · end of year $882,344
-
9 · Prepaid expenses and deferred charges
beginning of year $76,181 · end of year $46,953
-
10a · Land, buildings and equipment: cost or other basis
$67,037,832
-
10b · Land, buildings and equipment: accumulated depreciation
$26,240,609
-
10c · Land, buildings and equipment, net
beginning of year $38,545,559 · end of year $40,797,223
-
13 · Investments: program-related
beginning of year $12,958,155 · end of year $13,010,401
-
15 · Other assets
beginning of year $187,020 · end of year $75,852
-
17 · Accounts payable and accrued expenses
beginning of year $2,123,310 · end of year $2,485,671
-
23 · Secured mortgages and notes payable
beginning of year $25,306,884 · end of year $27,243,396
-
25 · Other liabilities
beginning of year $1,101,490 · end of year $1,474,111
-
29 · Capital stock, trust principal or current funds
beginning of year $52,425 · end of year $53,420
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $26,413,270 · end of year $27,043,085
-
31 · Retained earnings, endowment or other funds
beginning of year $1,474,525 · end of year $1,521,917
Mission and programs · 2022
Mission
DISTRIBUTE ELECTRIC ENERGY
-
THE COOPERATIVE PROVIDES RURAL ELECTRICAL SERVICE TO 11,562 CONSUMERS.
As filed on the 2022 return.
Listed in Part VII
-
Brian ZelenakBRIAN ZELENAK
PRESIDENT/CE
- Total calculated
- $364,649
- From this org
- $246,658
- From related orgs
- $0
- Other
- $117,991
- Hours/week
- 45.44
Schedule J breakdown matched by us
- Base
- $246,658
- Bonus
- not reported
- Other
- not reported
- Deferred
- $86,473
- Nontaxable benefits
- $31,518
- Filer's total
- $364,649
-
Robert DooleyROBERT DOOLEY
INTERIM PRES
- Total calculated
- $210,660
- From this org
- $112,996
- From related orgs
- $0
- Other
- $97,664
- Hours/week
- 44.31
Schedule J breakdown matched by us
- Base
- $112,996
- Bonus
- not reported
- Other
- not reported
- Deferred
- $64,890
- Nontaxable benefits
- $32,774
- Filer's total
- $210,660
-
Shawn RasmusonSHAWN RASMUSON
LINEMAN
- Total calculated
- $181,380
- From this org
- $106,714
- From related orgs
- $0
- Other
- $74,666
- Hours/week
- 45.43
Schedule J breakdown matched by us
- Base
- $106,714
- Bonus
- not reported
- Other
- not reported
- Deferred
- $44,107
- Nontaxable benefits
- $30,559
- Filer's total
- $181,380
-
Kenneth BuhrKENNETH BUHR
LINEMAN
- Total calculated
- $163,026
- From this org
- $106,179
- From related orgs
- $0
- Other
- $56,847
- Hours/week
- 44.43
Schedule J breakdown matched by us
- Base
- $106,179
- Bonus
- not reported
- Other
- not reported
- Deferred
- $28,338
- Nontaxable benefits
- $28,509
- Filer's total
- $163,026
-
Nathan ScheithauerNATHAN SCHEITHAUER
LINEMAN
- Total calculated
- $150,272
- From this org
- $103,082
- From related orgs
- $0
- Other
- $47,190
- Hours/week
- 43.59
Schedule J breakdown matched by us
- Base
- $103,082
- Bonus
- not reported
- Other
- not reported
- Deferred
- $20,361
- Nontaxable benefits
- $26,829
- Filer's total
- $150,272
-
Kristine McNamaraKRISTINE MCNAMARA
FINANCE MANA
- Total calculated
- $145,327
- From this org
- $107,868
- From related orgs
- $0
- Other
- $37,459
- Hours/week
- 48.7
-
Keith BauerKEITH BAUER
LINEMAN
- Total calculated
- $138,576
- From this org
- $104,380
- From related orgs
- $0
- Other
- $34,196
- Hours/week
- 43.06
-
David KaczmarskiDAVID KACZMARSKI
LINEMAN
- Total calculated
- $125,321
- From this org
- $106,368
- From related orgs
- $0
- Other
- $18,953
- Hours/week
- 42.98
-
Paul NyhusPAUL NYHUS
CHAIRMAN
- Total calculated
- $8,250
- From this org
- $8,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.13
-
Alan WilkieALAN WILKIE
DIRECTOR
- Total calculated
- $7,200
- From this org
- $7,200
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.03
-
Neil PlourdeNEIL PLOURDE
DIRECTOR
- Total calculated
- $7,175
- From this org
- $7,175
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.77
-
Douglas FaberDOUGLAS FABER
DIRECTOR
- Total calculated
- $6,500
- From this org
- $6,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.94
-
John CollinsJOHN COLLINS
SECRETARY/TR
- Total calculated
- $5,175
- From this org
- $5,175
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.16
-
Christopher EvansCHRISTOPHER EVANS
VICE CHAIR
- Total calculated
- $4,800
- From this org
- $4,800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.31
-
Francis KlattFRANCIS KLATT
DIRECTOR
- Total calculated
- $4,650
- From this org
- $4,650
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.11
-
William PeaveyWILLIAM PEAVEY
DIRECTOR
- Total calculated
- $4,350
- From this org
- $4,350
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.63
-
George YatesGEORGE YATES
DIRECTOR
- Total calculated
- $3,750
- From this org
- $3,750
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1.63
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
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
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.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
ST CROIX SERVICES INC
C CORP · INTERNET · WI · 100% owned · share of income $11,101 · share of assets $498,680
Directly controlled by ST CROIX
-
ST CROIX SOLAR LLC
C CORP · GENERATION · WI · 100% owned · share of income -$5,428 · share of assets $103,889
Directly controlled by ST CROIX ELECTRIC COOPERATIVE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202301239349300445
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