Form 990 for tax year 2025

2a · Program service revenue: SALE OF UTILITY SERVICE TO MEMBER

total $18,086,891 · related or exempt $18,086,891

3 · Investment income

total $71,126 · excluded $71,126

11a · Other revenue: OTHER NON-OPERATING INCOME

total $108,157 · related or exempt $108,157

11b · Other revenue: CAPITAL CREDITS

total $68,770 · related or exempt $68,770

11e · Other revenue, total

$176,927

4 · Benefits paid to or for members

total $552,536 · program services $552,536

5 · Compensation of officers, directors and key employees

total $533,442 · management and general $533,442

7 · Other salaries and wages

total $401,705 · management and general $401,705

9 · Other employee benefits

total $419,048 · management and general $419,048

12 · Advertising and promotion

total $25,635 · program services $25,635

13 · Office expenses

total $253,751 · management and general $253,751

20 · Interest

total $873,782 · program services $873,782

22 · Depreciation, depletion and amortization

total $2,032,538 · program services $2,032,538

23 · Insurance

total $184,584 · management and general $184,584

24a · Other expenses: COST OF POWER

total $7,070,310 · program services $7,070,310

24b · Other expenses: DISTRIBUTION EXPENSE

total $3,178,401 · program services $3,178,401

24c · Other expenses: CONSUMER ACCOUNTS

total $1,129,396 · program services $1,129,396

24d · Other expenses: TAXES

total $626,306 · program services $626,306

24e · All other expenses

total $1,053,510 · program services $217,098 · management and general $836,412

1 · Cash, non-interest-bearing

beginning of year $2,614,287 · end of year $2,004,194

4 · Accounts receivable

beginning of year $1,338,746 · end of year $1,484,080

8 · Inventories for sale or use

beginning of year $800,822 · end of year $953,349

9 · Prepaid expenses and deferred charges

beginning of year $64,677 · end of year $122,381

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

$77,355,802

10b · Land, buildings and equipment: accumulated depreciation

$41,090,932

10c · Land, buildings and equipment, net

beginning of year $35,197,898 · end of year $36,264,870

12 · Investments: other securities

beginning of year $1,839,477 · end of year $1,819,979

17 · Accounts payable and accrued expenses

beginning of year $1,605,292 · end of year $1,497,525

23 · Secured mortgages and notes payable

beginning of year $20,259,767 · end of year $21,384,185

25 · Other liabilities

beginning of year $2,088,516 · end of year $2,072,158

29 · Capital stock, trust principal or current funds

beginning of year $17,902,332 · end of year $17,694,985

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 $0 · end of year $0