Form 990 for tax year 2022

1e · Government grants (contributions)

$823,907

2a · Program service revenue: ELECTRIC REVENUE

total $24,406,987 · related or exempt $24,406,987

2b · Program service revenue: HEAT REVENUE

total $2,572,555 · related or exempt $2,572,555

2c · Program service revenue: PATRONAGE CAPITAL

total $152,828 · related or exempt $152,828

3 · Investment income

total $103,653 · excluded $103,653

6a · Gross rents

real property $64,827

6b · Less rental expenses

real property $0

6c · Rental income or loss

real property $64,827

6d · Net rental income or loss

total $64,827 · excluded $64,827

4 · Benefits paid to or for members

total $245,968 · program services $245,968

5 · Compensation of officers, directors and key employees

total $442,203 · management and general $442,203

7 · Other salaries and wages

total $4,618,627 · program services $4,618,627

8 · Pension plan contributions

total $1,376,226 · program services $1,376,226

9 · Other employee benefits

total $522,865 · program services $522,865

10 · Payroll taxes

total $1,332,565 · program services $1,332,565

12 · Advertising and promotion

total $80,162 · program services $80,162

13 · Office expenses

total $40,790 · program services $40,790

20 · Interest

total $1,732,936 · program services $1,732,936

22 · Depreciation, depletion and amortization

total $3,345,995 · program services $3,345,995

23 · Insurance

total $731,732 · program services $731,732

24a · Other expenses: DIESEL

total $9,785,895 · program services $9,785,895

24b · Other expenses: ADMINISTRATIVE & GENERA

total $2,260,701 · management and general $2,260,701

24c · Other expenses: MAINTENANCE EXPENSE

total $676,955 · program services $676,955

24d · Other expenses: GROSS RECEIPTS TAX

total $42,404 · program services $42,404

1 · Cash, non-interest-bearing

beginning of year $701 · end of year $701

2 · Savings and temporary cash investments

beginning of year $5,402,025 · end of year $6,680,036

4 · Accounts receivable

beginning of year $2,090,323 · end of year $1,777,382

7 · Other notes and loans receivable

beginning of year -$58,179 · end of year -$40,651

8 · Inventories for sale or use

beginning of year $2,150,754 · end of year $2,218,018

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

$130,690,716

10b · Land, buildings and equipment: accumulated depreciation

$64,109,016

10c · Land, buildings and equipment, net

beginning of year $65,315,485 · end of year $66,581,700

12 · Investments: other securities

beginning of year $1,383,376 · end of year $1,428,123

14 · Intangible assets

beginning of year $9,000 · end of year $9,000

15 · Other assets

beginning of year $2,874,869 · end of year $2,498,883

17 · Accounts payable and accrued expenses

beginning of year $2,699,864 · end of year $2,104,027

23 · Secured mortgages and notes payable

beginning of year $40,105,441 · end of year $42,130,537

25 · Other liabilities

beginning of year $13,134,850 · end of year $12,952,818

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 $2,985 · end of year $2,985

31 · Retained earnings, endowment or other funds

beginning of year $23,225,214 · end of year $23,962,825