Skip to content
Nonprofiteer
← WEST-CENTRAL ELECTRIC COOPERATIVE INC

Form 990 for tax year 2022

Filed by WEST-CENTRAL ELECTRIC COOPERATIVE INC.

Totals

Total revenue
$34,486,470
Total expenses
$34,486,470
Contributions and grants received
$0
Grants paid
$7,500
Program service revenue
$34,250,974
Investment income
$180,183
Other revenue
$55,313
Total assets, end of year
$93,767,954
Total liabilities, end of year
$55,945,712
Net assets or fund balances, end of year
$37,822,242
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: SALE OF ELECTRICITY

    total $32,849,379 · related or exempt $32,849,379

  • 2b · Program service revenue: CAPITAL CREDITS

    total $1,076,237 · related or exempt $1,076,237

  • 2c · Program service revenue: MISC ELECTRIC REVENUE

    total $325,358 · related or exempt $325,358

  • 3 · Investment income

    total $180,183 · excluded $180,183

  • 6a · Gross rents

    real property $61,817

  • 6b · Less rental expenses

    real property $14,978

  • 6c · Rental income or loss

    real property $46,839

  • 6d · Net rental income or loss

    total $46,839 · unrelated business -$8,978 · excluded $55,817

  • 11a · Other revenue: MISC NON OPERATING

    total $8,474 · related or exempt $8,474

  • 11e · Other revenue, total

    $8,474

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $7,500

  • 4 · Benefits paid to or for members

    total $3,278,745

  • 5 · Compensation of officers, directors and key employees

    total $640,139

  • 7 · Other salaries and wages

    total $1,123,321

  • 20 · Interest

    total $1,382,428

  • 22 · Depreciation, depletion and amortization

    total $2,560,041

  • 24a · Other expenses: COST OF POWER

    total $18,994,257

  • 24b · Other expenses: DISTRIBUTION EXPENSE

    total $3,476,168

  • 24c · Other expenses: ADMIN & GENERAL

    total $2,034,722

  • 24d · Other expenses: MEMBER SERVICES

    total $989,149

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,114,359 · end of year $2,530,942

  • 4 · Accounts receivable

    beginning of year $2,085,969 · end of year $2,391,131

  • 8 · Inventories for sale or use

    beginning of year $402,753 · end of year $474,853

  • 9 · Prepaid expenses and deferred charges

    beginning of year $378,968 · end of year $75,556

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

    $89,094,883

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

    $21,024,153

  • 10c · Land, buildings and equipment, net

    beginning of year $64,695,897 · end of year $68,070,730

  • 13 · Investments: program-related

    beginning of year $20,110,045 · end of year $20,224,742

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,350,672 · end of year $3,250,824

  • 19 · Deferred revenue

    beginning of year $3,028,526 · end of year $3,147,685

  • 23 · Secured mortgages and notes payable

    beginning of year $47,990,434 · end of year $49,062,067

  • 25 · Other liabilities

    beginning of year $437,196 · end of year $485,136

  • 31 · Retained earnings, endowment or other funds

    beginning of year $35,981,163 · end of year $37,822,242

Mission and programs · 2022

Mission

WEST CENTRAL ELECTRIC COOPERATIVE FOCUSES ON ENHANCING THE QUALITY OF LIFE FOR OUR MEMBERS BY PROVIDING SAFE, RELIABLE, AND AFFORDABLE ELECTRICITY IN A PROFESSIONAL MANNER,

Activities or mission (Part I)

WEST CENTRAL ELECTRIC COOPERATIVE FOCUSES ON ENHANCING THE QUALITY OF LIFE FOR OUR MEMBERS BY PROVIDING SAFE, RELIABLE, AND AFFORDABLE ELECTRICITY IN A PROFESSIONAL MANNER.

  • WEST CENTRAL ELECTRIC NOW PROVIDES POWER TO MORE THAN 14,700 METERS THROUGH 2,600 MILES OF LINE IN FIVE COUNTIES, INCLUDING LAFAYETTE, JOHNSON, EASTERN JACKSON AND A SMALL PART OF CASS AND PETTIS COUNTIES.

As filed on the 2022 return.

Listed in Part VII

  • Michael Gray

    GENERAL MANA

    Total calculated
    $390,928
    From this org
    $192,897
    From related orgs
    $0
    Other
    $198,031
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $192,897
    Bonus
    not reported
    Other
    not reported
    Deferred
    $174,680
    Nontaxable benefits
    $23,351
    Filer's total
    $390,928

  • Peter Nelson

    ENGINEERING

    Total calculated
    $259,623
    From this org
    $118,386
    From related orgs
    $0
    Other
    $141,237
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $118,386
    Bonus
    not reported
    Other
    not reported
    Deferred
    $113,449
    Nontaxable benefits
    $27,788
    Filer's total
    $259,623

  • Randy Burkeybile

    OPERATIONS M

    Total calculated
    $240,042
    From this org
    $118,684
    From related orgs
    $0
    Other
    $121,358
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $118,684
    Bonus
    not reported
    Other
    not reported
    Deferred
    $98,805
    Nontaxable benefits
    $22,553
    Filer's total
    $240,042

  • William Mackie Jr

    FOREMAN

    Total calculated
    $213,808
    From this org
    $111,747
    From related orgs
    $0
    Other
    $102,061
    Hours/week
    43

    Schedule J breakdown matched by us

    Base
    $111,747
    Bonus
    not reported
    Other
    not reported
    Deferred
    $73,774
    Nontaxable benefits
    $28,287
    Filer's total
    $213,808

  • Todd Gast

    FOREMAN

    Total calculated
    $206,572
    From this org
    $113,851
    From related orgs
    $0
    Other
    $92,721
    Hours/week
    44

    Schedule J breakdown matched by us

    Base
    $113,851
    Bonus
    not reported
    Other
    not reported
    Deferred
    $64,435
    Nontaxable benefits
    $28,286
    Filer's total
    $206,572

  • Matt Schellman

    FOREMAN

    Total calculated
    $203,276
    From this org
    $119,117
    From related orgs
    $0
    Other
    $84,159
    Hours/week
    44

    Schedule J breakdown matched by us

    Base
    $119,117
    Bonus
    not reported
    Other
    not reported
    Deferred
    $55,872
    Nontaxable benefits
    $28,287
    Filer's total
    $203,276

  • Michael Newland

    CFO

    Total calculated
    $165,321
    From this org
    $113,313
    From related orgs
    $0
    Other
    $52,008
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $113,313
    Bonus
    not reported
    Other
    not reported
    Deferred
    $24,185
    Nontaxable benefits
    $27,823
    Filer's total
    $165,321

  • Clark Bredehoft

    VICE PRESIDE

    Total calculated
    $12,845
    From this org
    $12,845
    From related orgs
    $0
    Other
    $0
    Hours/week
    8.77

  • Richard Strobel

    DIRECTOR

    Total calculated
    $9,275
    From this org
    $9,275
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.72

  • Densil Allen

    PRESIDENT

    Total calculated
    $9,240
    From this org
    $9,240
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.6

  • Stan Rhodes

    ASST. SECRET

    Total calculated
    $8,400
    From this org
    $8,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.96

  • Dale Jarman

    TREASURER

    Total calculated
    $8,225
    From this org
    $8,225
    From related orgs
    $0
    Other
    $0
    Hours/week
    9.48

  • Sandra Streit

    DIRECTOR

    Total calculated
    $8,225
    From this org
    $8,225
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.54

  • Rebecca Hoeflicker

    ACCOUNTING M

    Total calculated
    $7,730
    From this org
    $7,730
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Jeremy Ahmann

    DIRECTOR

    Total calculated
    $7,525
    From this org
    $7,525
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.77

  • Robert Simmons

    SECRETARY

    Total calculated
    $7,350
    From this org
    $7,350
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.19

  • Don Fore

    DIRECTOR

    Total calculated
    $2,975
    From this org
    $2,975
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.46

  • Colby Dowell

    DIRECTOR

    Total calculated
    $2,100
    From this org
    $2,100
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5

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.

  • WEST CENTRAL SERVICES INC

    C CORP · INTERNET P · MO · 100% owned · share of income $1,435 · share of assets $343,683

Provenance

Return type
form_990
Tax year
2022
Filed
26 October 2023
IRS schema version
2022v5.0
Source object
202343009349301414

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.