Form 990 for tax year 2025

2a · Program service revenue: ELECTRIC REVENUE

total $23,401,393 · related or exempt $23,401,393

3 · Investment income

total $81,684 · excluded $81,684

7a · Gross sales of assets other than inventory

other assets $56,274

7c · Gain or loss

other assets $56,274

7d · Net gain or loss

total $56,274 · related or exempt $56,274

8c · Net income from fundraising events

total $0

11a · Other revenue: OTHER NON OPERATING REV

total $52,571 · related or exempt $52,571

11e · Other revenue, total

$52,571

4 · Benefits paid to or for members

total $2,483,817

5 · Compensation of officers, directors and key employees

total $872,902

7 · Other salaries and wages

total $2,724,326

8 · Pension plan contributions

total $649,913

9 · Other employee benefits

total $617,393

10 · Payroll taxes

total $275,496

11b · Fees: legal

total $7,225

11c · Fees: accounting

total $17,512

12 · Advertising and promotion

total $27,912

13 · Office expenses

total $118,320

20 · Interest

total $613,544

22 · Depreciation, depletion and amortization

total $2,364,473

23 · Insurance

total $304,548

24a · Other expenses: COST OF POWER

total $12,587,824 · program services $12,587,824

24b · Other expenses: PROPERTY & GROSS RECEIPT TAX

total $367,497 · program services $367,497

24c · Other expenses: LESS CAPITALIZED EXPENSES

total -$631,309 · program services -$631,309

1 · Cash, non-interest-bearing

beginning of year $784,148 · end of year $1,039,464

2 · Savings and temporary cash investments

beginning of year $1,218,381 · end of year $1,386,362

4 · Accounts receivable

beginning of year $1,366,813 · end of year $1,466,343

8 · Inventories for sale or use

beginning of year $1,869,027 · end of year $1,818,450

9 · Prepaid expenses and deferred charges

beginning of year $85,899 · end of year $102,451

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

$96,281,524

10b · Land, buildings and equipment: accumulated depreciation

$38,958,726

10c · Land, buildings and equipment, net

beginning of year $55,835,023 · end of year $57,322,798

13 · Investments: program-related

beginning of year $1,083,549 · end of year $1,093,847

15 · Other assets

beginning of year $5,450 · end of year $5,435

17 · Accounts payable and accrued expenses

beginning of year $2,817,666 · end of year $1,337,647

19 · Deferred revenue

beginning of year $284,135 · end of year $130,048

23 · Secured mortgages and notes payable

beginning of year $13,466,734 · end of year $12,980,192

25 · Other liabilities

end of year $2,632,818

29 · Capital stock, trust principal or current funds

beginning of year $45,605 · end of year $48,805

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

beginning of year $41,065,598 · end of year $41,969,967

31 · Retained earnings, endowment or other funds

beginning of year $4,568,552 · end of year $5,135,673