Form 990 for tax year 2022

2a · Program service revenue: SALES OF ELECTRICITY

total $37,031,416 · related or exempt $37,031,416

2b · Program service revenue: SERVICE FEES

total $285,752 · related or exempt $285,752

2c · Program service revenue: PATRONAGE DIVIDENDS

total $278,124 · related or exempt $278,124

3 · Investment income

total $125,242 · excluded $125,242

6a · Gross rents

real property $12,000

6b · Less rental expenses

real property $0

6c · Rental income or loss

real property $12,000

6d · Net rental income or loss

total $12,000 · related or exempt $12,000

10a · Gross sales of inventory

$19,490

10b · Cost of goods sold

$30,292

10c · Net income from sales of inventory

total -$10,802 · related or exempt -$10,802

11a · Other revenue: POLE ATTACHMENT INCOME

total $85,258 · excluded $85,258

11b · Other revenue: DISPATCHING INCOME

total $76,104 · unrelated business $76,104

11c · Other revenue: MISC. NONOPERATING REVENUE

total $7,444 · related or exempt $7,444

11e · Other revenue, total

$168,806

1 · Grants to domestic organizations and governments

total $47,485

4 · Benefits paid to or for members

total $2,442,864

5 · Compensation of officers, directors and key employees

total $445,405

7 · Other salaries and wages

total $3,528,161

8 · Pension plan contributions

total $433,166

9 · Other employee benefits

total $649,408

10 · Payroll taxes

total $267,110

20 · Interest

total $2,039,627

22 · Depreciation, depletion and amortization

total $3,498,052

24a · Other expenses: PURCHASED POWER

total $19,909,011

24b · Other expenses: DISTRIBUTION EXPENSE

total $2,021,821

24c · Other expenses: ADMIN & GENERAL EXPENSE

total $1,529,935

24d · Other expenses: CONSUMER EXPENSE

total $671,053

24e · All other expenses

total $253,285

1 · Cash, non-interest-bearing

beginning of year $9,953,276 · end of year $9,193,151

2 · Savings and temporary cash investments

beginning of year $2,500,066 · end of year $2,500,066

4 · Accounts receivable

beginning of year $2,039,803 · end of year $2,722,654

7 · Other notes and loans receivable

beginning of year $191,000 · end of year $191,000

8 · Inventories for sale or use

beginning of year $2,423,883 · end of year $3,370,960

9 · Prepaid expenses and deferred charges

beginning of year $2,245,044 · end of year $1,893,464

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

$118,227,723

10b · Land, buildings and equipment: accumulated depreciation

$49,541,513

10c · Land, buildings and equipment, net

beginning of year $68,577,723 · end of year $68,686,210

13 · Investments: program-related

beginning of year $16,952,976 · end of year $16,926,489

15 · Other assets

beginning of year $1,640,220 · end of year $1,841,188

17 · Accounts payable and accrued expenses

beginning of year $2,838,648 · end of year $3,476,705

23 · Secured mortgages and notes payable

beginning of year $50,018,415 · end of year $47,916,580

25 · Other liabilities

beginning of year $1,672,778 · end of year $1,552,596

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 $0 · end of year $0

31 · Retained earnings, endowment or other funds

beginning of year $51,994,150 · end of year $54,379,301