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Nonprofiteer
← SAM RAYBURN DAM ELECTRIC COOPERATIVE INC

Form 990 for tax year 2022

Filed by SAM RAYBURN DAM ELECTRIC COOPERATIVE INC.

Totals

Total revenue
$4,614,067
Total expenses
$4,780,602
Contributions and grants received
$50,000
Grants paid
$0
Program service revenue
$4,563,792
Investment income
$275
Other revenue
$0
Total assets, end of year
$6,048,654
Total liabilities, end of year
$477,177
Net assets or fund balances, end of year
$5,571,477
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $50,000

  • 2a · Program service revenue: SALE OF ELECTRICITY

    total $4,563,792 · related or exempt $4,563,792

  • 3 · Investment income

    total $275 · excluded $275

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $142

  • 11c · Fees: accounting

    total $10,175

  • 11g · Fees: other

    total $14,534

  • 13 · Office expenses

    total $64

  • 22 · Depreciation, depletion and amortization

    total $174,436

  • 23 · Insurance

    total $660

  • 24a · Other expenses: PURCHASED ELECTRIC POWER

    total $4,563,792

  • 24b · Other expenses: DUES

    total $16,799

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $37,710 · end of year $15,175

  • 4 · Accounts receivable

    beginning of year $370,016 · end of year $401,643

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

    $6,555,716

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

    $923,880

  • 10c · Land, buildings and equipment, net

    beginning of year $5,806,272 · end of year $5,631,836

  • 17 · Accounts payable and accrued expenses

    beginning of year $475,986 · end of year $477,177

  • 29 · Capital stock, trust principal or current funds

    beginning of year $300 · end of year $300

  • 31 · Retained earnings, endowment or other funds

    beginning of year $5,737,712 · end of year $5,571,177

Mission and programs · 2022

Mission

SALE OF ELECTRICAL POWER TO MEMBERS

Activities or mission (Part I)

SALE OF ELECTRICAL POWER TO MEMBERS.

  • SALE OF ELECTRICAL POWER TO MEMBERS

As filed on the 2022 return.

Listed in Part VII

  • Marcus Renfrow

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mark Tamplin

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Clarke Evans

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2

  • Carl Pickett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Bruce Mintz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kathi Calvert

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Doug Turk

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Denise Kelley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Anthony J Goff

    SEC/TREASURE

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
8 November 2023
IRS schema version
2022v5.0
Source object
202343179349309999

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