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Nonprofiteer
← OCONTO ELECTRIC COOPERATIVE

Form 990 for tax year 2025

Filed by OCONTO ELECTRIC COOPERATIVE.

Totals

Total revenue
$21,276,391
Total expenses
$21,276,391
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$21,181,536
Investment income
$55,503
Other revenue
$39,352
Total assets, end of year
$53,580,639
Total liabilities, end of year
$32,477,612
Net assets or fund balances, end of year
$21,103,027
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: ELECTRIC OPERATIONS

    total $20,936,099 · related or exempt $20,936,099

  • 2b · Program service revenue: PATRONAGE DIVIDEND

    total $166,864 · related or exempt $166,864

  • 2c · Program service revenue: RENTAL INCOME

    total $78,573 · related or exempt $78,573

  • 3 · Investment income

    total $55,503 · excluded $55,503

  • 10a · Gross sales of inventory

    $98,869

  • 10b · Cost of goods sold

    $59,517

  • 10c · Net income from sales of inventory

    total $39,352 · unrelated business $39,352

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $504,647

  • 5 · Compensation of officers, directors and key employees

    total $516,220

  • 20 · Interest

    total $1,043,354

  • 22 · Depreciation, depletion and amortization

    total $2,333,608

  • 24a · Other expenses: COST OF POWER

    total $11,676,499

  • 24b · Other expenses: DISTRIBUTION-MAINTENANCE

    total $1,497,965

  • 24c · Other expenses: DISTRIBUTION-OPERATION

    total $1,255,489

  • 24d · Other expenses: ADMIN AND GENERAL

    total $1,127,209

  • 24e · All other expenses

    total $1,321,400

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $913,842 · end of year $848,560

  • 2 · Savings and temporary cash investments

    beginning of year $610,035 · end of year $110,808

  • 4 · Accounts receivable

    beginning of year $2,584,541 · end of year $2,692,775

  • 8 · Inventories for sale or use

    beginning of year $1,125,473 · end of year $1,127,227

  • 9 · Prepaid expenses and deferred charges

    beginning of year $129,638 · end of year $138,300

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

    $80,252,381

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

    $33,663,401

  • 10c · Land, buildings and equipment, net

    beginning of year $44,916,470 · end of year $46,588,980

  • 13 · Investments: program-related

    beginning of year $1,900,996 · end of year $1,940,236

  • 15 · Other assets

    beginning of year $166,348 · end of year $133,753

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,387,019 · end of year $1,284,365

  • 23 · Secured mortgages and notes payable

    beginning of year $28,426,304 · end of year $30,077,343

  • 25 · Other liabilities

    beginning of year $1,056,622 · end of year $1,115,904

  • 29 · Capital stock, trust principal or current funds

    beginning of year $19,338,900 · end of year $18,868,966

  • 31 · Retained earnings, endowment or other funds

    beginning of year $2,138,498 · end of year $2,234,061

Mission and programs · 2025

Mission

TO PROVIDE ELECTRICITY TO MEMBERS IN AN EFFICIENT MANNER UTILIZING COOPERATIVE PRINCIPLES.

  • OPERATIONS ARE BASED UPON THE COOPERATIVE PRINCIPLES PROVIDED ELECTRICITY SOURCE TO MEMBERS OF THE COOPERATIVE BY PURCHASING WHOLESALE POWER; BUILDING, MAINTAINING, AND OPERATING AN ELECTRICAL DISTRIBUTION SYSTEM; AND OPERATED MEMBER INFORMATION AND CUSTOMER SUPPORT OPERATIONS.

As filed on the 2025 return.

Listed in Part VII

  • Ryan Miller

    CEO

    Total calculated
    $263,087
    From this org
    $227,985
    From related orgs
    $0
    Other
    $35,102
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $227,985
    Bonus
    not reported
    Other
    not reported
    Deferred
    $20,967
    Nontaxable benefits
    $14,135
    Filer's total
    $263,087

  • Brian Arndt

    LINEMAN

    Total calculated
    $220,167
    From this org
    $140,793
    From related orgs
    $0
    Other
    $79,374
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,793
    Bonus
    not reported
    Other
    not reported
    Deferred
    $56,772
    Nontaxable benefits
    $22,602
    Filer's total
    $220,167

  • Ron Friedman

    LINEMAN

    Total calculated
    $205,858
    From this org
    $138,554
    From related orgs
    $0
    Other
    $67,304
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,554
    Bonus
    not reported
    Other
    not reported
    Deferred
    $44,681
    Nontaxable benefits
    $22,623
    Filer's total
    $205,858

  • Ben Wilcox

    LINEMAN

    Total calculated
    $185,715
    From this org
    $136,913
    From related orgs
    $0
    Other
    $48,802
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,913
    Bonus
    not reported
    Other
    not reported
    Deferred
    $26,230
    Nontaxable benefits
    $22,572
    Filer's total
    $185,715

  • Tanner Riley

    LINEMAN

    Total calculated
    $165,735
    From this org
    $136,988
    From related orgs
    $0
    Other
    $28,747
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,988
    Bonus
    not reported
    Other
    not reported
    Deferred
    $6,175
    Nontaxable benefits
    $22,572
    Filer's total
    $165,735

  • Jack Pardy

    LINE SUPERIN

    Total calculated
    $162,233
    From this org
    $153,886
    From related orgs
    $0
    Other
    $8,347
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,886
    Bonus
    not reported
    Other
    not reported
    Deferred
    $4,564
    Nontaxable benefits
    $3,783
    Filer's total
    $162,233

  • Stephanie Paitl

    CFO

    Total calculated
    $157,958
    From this org
    $87,526
    From related orgs
    $0
    Other
    $70,432
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $87,526
    Bonus
    not reported
    Other
    not reported
    Deferred
    $37,909
    Nontaxable benefits
    $32,523
    Filer's total
    $157,958

  • Ronnie Kruse

    SECRETARY

    Total calculated
    $14,200
    From this org
    $14,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

  • Dan Kanack

    DIRECTOR

    Total calculated
    $13,400
    From this org
    $13,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Jan Stranz

    DIRECTOR

    Total calculated
    $12,600
    From this org
    $12,600
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Dennis Langerberg

    TREASUER

    Total calculated
    $12,200
    From this org
    $12,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    6

  • David Hischke

    VICE-CHAIRMA

    Total calculated
    $11,000
    From this org
    $11,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    6.5

  • Todd Duame

    CHAIRMAN

    Total calculated
    $9,400
    From this org
    $9,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    6.5

  • Carl Tennie

    DIRECTOR (AP

    Total calculated
    $7,800
    From this org
    $7,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

  • Tony Wagner

    TREASURER (-

    Total calculated
    $1,800
    From this org
    $1,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    4

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 · 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.

Provenance

Return type
form_990
Tax year
2025
Filed
6 April 2026
IRS schema version
2025v4.0
Source object
202620979349300637

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