Form 990 for tax year 2022

2a · Program service revenue: Operating Rev & Patronage Cap

total $25,807,195 · related or exempt $25,807,195 · unrelated business $0 · excluded $0

2b · Program service revenue: Other Capital Credits & Patronage Dividends

total $18,779 · related or exempt $18,779 · unrelated business $0 · excluded $0

2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0

3 · Investment income

total $53,354 · related or exempt $0 · unrelated business $0 · excluded $53,354

4 · Income from investment of tax-exempt bond proceeds

total $0 · related or exempt $0 · unrelated business $0 · excluded $0

5 · Royalties

total $0 · related or exempt $0 · unrelated business $0 · excluded $0

6c · Rental income or loss

real property $0 · personal property $0

7a · Gross sales of assets other than inventory

securities $0 · other assets $9,748

7b · Less cost or other basis and sales expenses

securities $0 · other assets $3,983

7c · Gain or loss

securities $0 · other assets $5,765

7d · Net gain or loss

total $5,765 · related or exempt $5,765 · unrelated business $0 · excluded $0

11a · Other revenue: Contract Work

total -$1,114 · related or exempt -$1,114 · unrelated business $0 · excluded $0

11d · All other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0

11e · Other revenue, total

-$1,114

10 · Payroll taxes

total -$7,035

11b · Fees: legal

total $198,534

11c · Fees: accounting

total $27,015

11g · Fees: other

total $167,309

13 · Office expenses

total $69,935

20 · Interest

total $638,796

22 · Depreciation, depletion and amortization

total $1,765,808

24a · Other expenses: Consumers Account & Service Exp

total $1,767,213

24b · Other expenses: Purchase Power & Transmissions

total $16,358,708

24c · Other expenses: Distribution Expense

total $5,479,383

24e · All other expenses

total $1,062,040

1 · Cash, non-interest-bearing

beginning of year $875,846 · end of year $550,743

2 · Savings and temporary cash investments

end of year $0

3 · Pledges and grants receivable

end of year $0

4 · Accounts receivable

beginning of year $3,048,038 · end of year $3,770,561

5 · Loans and receivables from officers and key people

end of year $0

6 · Loans and receivables from disqualified persons

end of year $0

7 · Other notes and loans receivable

end of year $0

8 · Inventories for sale or use

beginning of year $270,118 · end of year $328,782

9 · Prepaid expenses and deferred charges

beginning of year $574,959 · end of year $364,520

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

$66,671,069

10b · Land, buildings and equipment: accumulated depreciation

$36,717,093

10c · Land, buildings and equipment, net

beginning of year $29,947,403 · end of year $29,953,976

11 · Investments: publicly traded securities

end of year $0

12 · Investments: other securities

beginning of year $498,000 · end of year $498,000

13 · Investments: program-related

beginning of year $1,520,598 · end of year $1,518,291

14 · Intangible assets

end of year $0

15 · Other assets

beginning of year $12,025 · end of year $12,157

17 · Accounts payable and accrued expenses

beginning of year $1,554,632 · end of year $1,852,877

18 · Grants payable

end of year $0

19 · Deferred revenue

end of year $0

20 · Tax-exempt bond liabilities

end of year $0

21 · Escrow or custodial account liability

end of year $0

22 · Loans and payables to officers and key people

end of year $0

23 · Secured mortgages and notes payable

beginning of year $15,506,276 · end of year $16,657,343

24 · Unsecured notes and loans payable

end of year $0

25 · Other liabilities

beginning of year $3,911,811 · end of year $3,280,245

29 · Capital stock, trust principal or current funds

beginning of year $44,010 · end of year $43,810

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 $15,730,258 · end of year $15,162,755