Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: Wholesale Electric Energy

  total $100,374,324 · related or exempt $100,374,324

• 2b · Program service revenue: Capital Credits

  total $8,007,899 · related or exempt $8,007,899

• 2c · Program service revenue: Other Electric Revenue

  total $5,836,136 · related or exempt $5,836,136

• 3 · Investment income

  total $287,009 · related or exempt $287,009

• 6a · Gross rents

  personal property $98,748

• 6b · Less rental expenses

  personal property $89,557

• 6c · Rental income or loss

  personal property $9,191

• 6d · Net rental income or loss

  total $9,191 · related or exempt $9,191

• 7a · Gross sales of assets other than inventory

  other assets $58,466

• 7b · Less cost or other basis and sales expenses

  other assets $60,866

• 7c · Gain or loss

  other assets -$2,400

• 7d · Net gain or loss

  total -$2,400 · related or exempt -$2,400

Functional expenses

Part IX, the statement of functional expenses.

• 4 · Benefits paid to or for members

  total $2,940,014

• 5 · Compensation of officers, directors and key employees

  total $1,519,537

• 20 · Interest

  total $3,657,819

• 22 · Depreciation, depletion and amortization

  total $4,341,424

• 24a · Other expenses: Income Taxes - 990T

  total $2,150

• 24b · Other expenses: Purchased Power

  total $76,430,133

• 24c · Other expenses: Transmission Operations

  total $7,989,128

• 24d · Other expenses: Administrative & Genera

  total $3,224,115

• 24e · All other expenses

  total $5,912,631

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $910,909 · end of year $5,382,048

• 4 · Accounts receivable

  beginning of year $9,250,147 · end of year $10,067,765

• 8 · Inventories for sale or use

  beginning of year $12,438,310 · end of year $15,032,212

• 9 · Prepaid expenses and deferred charges

  beginning of year $413,352 · end of year $689,002

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

  $212,836,023

• 10b · Land, buildings and equipment: accumulated depreciation

  $72,967,180

• 10c · Land, buildings and equipment, net

  beginning of year $128,698,426 · end of year $139,868,843

• 13 · Investments: program-related

  beginning of year $68,736,682 · end of year $74,273,316

• 15 · Other assets

  beginning of year $854,432 · end of year $627,252

• 17 · Accounts payable and accrued expenses

  beginning of year $10,045,046 · end of year $15,022,398

• 19 · Deferred revenue

  beginning of year $516,655 · end of year $1,011,852

• 23 · Secured mortgages and notes payable

  beginning of year $83,810,037 · end of year $85,124,745

• 24 · Unsecured notes and loans payable

  beginning of year $45,023,292 · end of year $52,773,293

• 25 · Other liabilities

  beginning of year $2,376,726 · end of year $4,485,384

• 29 · Capital stock, trust principal or current funds

  beginning of year $900 · end of year $900

• 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 $79,529,602 · end of year $87,521,866

The filer's explanations (Part III)

Part I, Line 4b

Douglas Aeilts - NRECA Deferred Comp Plan - $37,433

Schedule J Line 4b

Compensation for the CEO and General Manager includes $37,443 which represents payment of a non-qualified deferred compensation plan.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• Northeast Technologies LLC

  Construction and leasing of dark fiber strands · MO · income $98,748 · assets $756,021

  Directly controlled by Northeast Missouri Electric Power Cooperative