Form 990 for tax year 2025

2a · Program service revenue: SALE OF ELECTRICITY

total $20,134,473 · related or exempt $20,134,473

3 · Investment income

total $1,266,089 · excluded $1,266,089

11a · Other revenue: CAPITAL CREDITS

total $694,002 · related or exempt $694,002

11b · Other revenue: K-1 WDUS HOLDINGS, LLC

total $115,106 · related or exempt $23,953 · unrelated business $76,745 · excluded $14,408

11c · Other revenue: MISCELLANEOUS REVENUE

total $98,814 · related or exempt $98,814

11e · Other revenue, total

$907,922

4 · Benefits paid to or for members

total $2,637,798

5 · Compensation of officers, directors and key employees

total $361,484

8 · Pension plan contributions

total $332,108

11a · Fees: management

total $251,742

20 · Interest

total $837,838

22 · Depreciation, depletion and amortization

total $1,954,389

24a · Other expenses: COST OF POWER

total $12,178,104

24b · Other expenses: DISTRIBUTION - OPERATIO

total $1,857,121

24c · Other expenses: ADMIN AND GENERAL

total $675,011

24d · Other expenses: DISTRIBUTION - MAINTENA

total $379,816

24e · All other expenses

total $843,073

1 · Cash, non-interest-bearing

beginning of year $3,650,332 · end of year $2,463,955

2 · Savings and temporary cash investments

beginning of year $28,240,964 · end of year $21,662,744

4 · Accounts receivable

beginning of year $614,199 · end of year $1,940,141

7 · Other notes and loans receivable

beginning of year $252,822 · end of year $138,881

8 · Inventories for sale or use

beginning of year $3,363,966 · end of year $2,280,806

9 · Prepaid expenses and deferred charges

beginning of year $210,075 · end of year $209,105

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

$89,927,203

10b · Land, buildings and equipment: accumulated depreciation

$28,288,344

10c · Land, buildings and equipment, net

beginning of year $58,957,006 · end of year $61,638,859

12 · Investments: other securities

beginning of year $22,557,171 · end of year $22,108,222

15 · Other assets

beginning of year $457,925 · end of year $240,004

17 · Accounts payable and accrued expenses

beginning of year $2,229,557 · end of year $1,913,699

23 · Secured mortgages and notes payable

beginning of year $28,999,635 · end of year $28,052,351

25 · Other liabilities

beginning of year $12,386,620 · end of year $8,402,153

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 $74,688,648 · end of year $74,314,514