Form 990 for tax year 2022

2a · Program service revenue: SALES OF ELECTRICITY

total $32,449,841 · related or exempt $32,449,841

2b · Program service revenue: PATRONAGE DIVIDENDS

total $930,418 · related or exempt $930,418

2c · Program service revenue: SERVICE FEES

total $199,466 · related or exempt $199,466

3 · Investment income

total $120,601 · excluded $120,601

6a · Gross rents

real property $1,413

6b · Less rental expenses

real property $0

6c · Rental income or loss

real property $1,413

6d · Net rental income or loss

total $1,413 · excluded $1,413

7a · Gross sales of assets other than inventory

other assets $5,000

7b · Less cost or other basis and sales expenses

other assets $5,043

7c · Gain or loss

other assets -$43

7d · Net gain or loss

total -$43 · related or exempt -$43

10a · Gross sales of inventory

$188,145

10b · Cost of goods sold

$349,525

10c · Net income from sales of inventory

total -$161,380 · related or exempt -$161,380

11a · Other revenue: POLE ATTACHMENT INCOME

total $63,882 · excluded $63,882

11e · Other revenue, total

$63,882

1 · Grants to domestic organizations and governments

total $22,701

4 · Benefits paid to or for members

total $2,554,695

5 · Compensation of officers, directors and key employees

total $903,612

7 · Other salaries and wages

total $1,902,822

8 · Pension plan contributions

total $170,417

9 · Other employee benefits

total $504,489

10 · Payroll taxes

total $183,263

20 · Interest

total $1,015,918

22 · Depreciation, depletion and amortization

total $2,173,278

24a · Other expenses: PURCHASED POWER

total $20,347,252

24b · Other expenses: DISTRIBUTION EXPENSE

total $2,898,105

24c · Other expenses: CONSUMER EXPENSE

total $443,320

24d · Other expenses: ADMINISTRATIVE & GENERA

total $422,870

24e · All other expenses

total $61,456

1 · Cash, non-interest-bearing

beginning of year $1,276,971 · end of year $1,848,635

2 · Savings and temporary cash investments

beginning of year $19,337 · end of year $2,811,362

4 · Accounts receivable

beginning of year $1,493,938 · end of year $1,742,488

8 · Inventories for sale or use

beginning of year $17,882 · end of year $27,051

9 · Prepaid expenses and deferred charges

beginning of year $213,615 · end of year $193,119

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

$70,063,808

10b · Land, buildings and equipment: accumulated depreciation

$15,587,540

10c · Land, buildings and equipment, net

beginning of year $52,170,483 · end of year $54,476,268

13 · Investments: program-related

beginning of year $23,027,798 · end of year $23,939,391

15 · Other assets

beginning of year $465,797 · end of year $598,741

17 · Accounts payable and accrued expenses

beginning of year $1,677,942 · end of year $1,782,939

23 · Secured mortgages and notes payable

beginning of year $29,854,223 · end of year $35,289,633

25 · Other liabilities

beginning of year $541,608 · end of year $622,339

29 · Capital stock, trust principal or current funds

beginning of year $27,965 · end of year $26,690

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 $46,584,083 · end of year $47,915,454