Form 990 for tax year 2022

3 · Investment income

total $2,655,170 · related or exempt $2,655,170

10a · Gross sales of inventory

$104,566,286

10b · Cost of goods sold

$82,102,836

10c · Net income from sales of inventory

total $22,463,450 · related or exempt $22,463,450

11a · Other revenue: OTHER REVENUE

total $56,635 · related or exempt $56,635

11b · Other revenue: GAIN/LOSS ON SALE OF ASSETS

total -$4,666 · related or exempt -$4,666

11e · Other revenue, total

$51,969

5 · Compensation of officers, directors and key employees

total $1,159,882 · management and general $1,159,882

6 · Compensation of disqualified persons

total $1,469,962 · management and general $1,469,962

20 · Interest

total $3,368,608 · program services $3,368,608

22 · Depreciation, depletion and amortization

total $5,426,748 · program services $5,426,748

24a · Other expenses: TRANSMISSION EXPENSE

total $8,958,344 · program services $8,958,344

24b · Other expenses: GENERAL & ADMIN EXPENSE

total $1,086,562 · management and general $1,086,562

24c · Other expenses: DISTRIBUTION EXPENSE

total $888,101 · program services $888,101

24d · Other expenses: TAXES

total $105,764 · program services $105,764

1 · Cash, non-interest-bearing

beginning of year $472,256 · end of year $254,185

2 · Savings and temporary cash investments

beginning of year $9,994,281 · end of year $8,278,630

4 · Accounts receivable

beginning of year $8,082,150 · end of year $9,882,554

7 · Other notes and loans receivable

beginning of year $47,156 · end of year $48,329

8 · Inventories for sale or use

beginning of year $3,701,050 · end of year $3,920,052

9 · Prepaid expenses and deferred charges

beginning of year $300,893 · end of year $267,741

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

$224,270,371

10b · Land, buildings and equipment: accumulated depreciation

$96,578,609

10c · Land, buildings and equipment, net

beginning of year $124,280,245 · end of year $127,691,762

11 · Investments: publicly traded securities

beginning of year $72,303,061 · end of year $71,719,647

15 · Other assets

beginning of year $3,584,235 · end of year $1,798,817

17 · Accounts payable and accrued expenses

beginning of year $8,137,714 · end of year $10,362,466

19 · Deferred revenue

beginning of year $2,400,000 · end of year $1,000,000

23 · Secured mortgages and notes payable

beginning of year $106,708,557 · end of year $107,707,289

25 · Other liabilities

beginning of year $5,061,765 · end of year $4,358,413

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 $400 · end of year $400

31 · Retained earnings, endowment or other funds

beginning of year $100,456,891 · end of year $100,433,149