Form 990 for tax year 2022

2a · Program service revenue: ELECTRIC REVENUE

total $26,064,644 · related or exempt $26,064,644

3 · Investment income

total $3,105 · excluded $3,105

6a · Gross rents

personal property $152,223

6b · Less rental expenses

personal property $0

6c · Rental income or loss

personal property $152,223

6d · Net rental income or loss

total $152,223 · excluded $152,223

7a · Gross sales of assets other than inventory

other assets $22,285

7b · Less cost or other basis and sales expenses

other assets $0

7c · Gain or loss

other assets $22,285

7d · Net gain or loss

total $22,285 · related or exempt $22,285

11a · Other revenue: PATRONAGE ALLOCATIONS

total $649,522 · related or exempt $649,522

11e · Other revenue, total

$649,522

5 · Compensation of officers, directors and key employees

total $1,374,815

7 · Other salaries and wages

total $1,149,963

8 · Pension plan contributions

total $380,147

9 · Other employee benefits

total $273,201

10 · Payroll taxes

total $163,206

20 · Interest

total $925,188

22 · Depreciation, depletion and amortization

total $2,383,395

24a · Other expenses: COST OF POWER

total $16,904,091

24b · Other expenses: DISTRIBUTION EXPENSE

total $1,819,839

24c · Other expenses: ADMINISTRATIVE AND GENE

total $777,388

24d · Other expenses: CONSUMER ACCOUNT EXPENS

total $343,825

24e · All other expenses

total $434,420

1 · Cash, non-interest-bearing

beginning of year $693,963 · end of year $1,301,109

4 · Accounts receivable

beginning of year $2,317,013 · end of year $2,879,970

8 · Inventories for sale or use

beginning of year $736,511 · end of year $1,335,717

9 · Prepaid expenses and deferred charges

beginning of year $455,077 · end of year $353,098

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

$68,611,504

10b · Land, buildings and equipment: accumulated depreciation

$21,005,864

10c · Land, buildings and equipment, net

beginning of year $44,776,656 · end of year $47,605,640

13 · Investments: program-related

beginning of year $10,583,131 · end of year $10,528,746

15 · Other assets

beginning of year $0 · end of year $503,884

17 · Accounts payable and accrued expenses

beginning of year $3,812,985 · end of year $5,426,432

23 · Secured mortgages and notes payable

beginning of year $23,144,890 · end of year $26,099,307

25 · Other liabilities

beginning of year $547,998 · end of year $906,196

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 $190,206 · end of year $191,191

31 · Retained earnings, endowment or other funds

beginning of year $31,866,272 · end of year $31,885,038