Form 990 for tax year 2022

2a · Program service revenue: SALE OF POWER

total $33,382,524 · related or exempt $33,382,524

2b · Program service revenue: CAPITAL CREDITS

total $2,694,614 · related or exempt $2,694,614

3 · Investment income

total $55,802 · excluded $55,802

6a · Gross rents

real property $1,350

6b · Less rental expenses

real property $0

6c · Rental income or loss

real property $1,350

6d · Net rental income or loss

total $1,350 · excluded $1,350

7a · Gross sales of assets other than inventory

other assets $30,324

7b · Less cost or other basis and sales expenses

other assets $75,302

7c · Gain or loss

other assets -$44,978

7d · Net gain or loss

total -$44,978 · excluded -$44,978

10a · Gross sales of inventory

$2,151,778

10b · Cost of goods sold

$2,030,122

10c · Net income from sales of inventory

total $121,656 · related or exempt $87,407 · unrelated business $34,249

1 · Grants to domestic organizations and governments

total $25,674

4 · Benefits paid to or for members

total $3,478,054

5 · Compensation of officers, directors and key employees

total $507,308

7 · Other salaries and wages

total $3,916,123

8 · Pension plan contributions

total $595,564

10 · Payroll taxes

total $322,307

20 · Interest

total $1,471,739

22 · Depreciation, depletion and amortization

total $2,609,645

24a · Other expenses: COST OF POWER

total $21,955,343

24b · Other expenses: DISTRIBUTION-MAINTENANC

total $2,118,436

24c · Other expenses: ADMIN & GENERAL

total $1,708,382

24d · Other expenses: DISTRIBUTION-OPERATIONS

total $1,189,219

24e · All other expenses

total -$3,686,826

2 · Savings and temporary cash investments

beginning of year $2,449,126 · end of year $2,980,296

4 · Accounts receivable

beginning of year $3,279,117 · end of year $3,096,395

7 · Other notes and loans receivable

beginning of year $936,949 · end of year $820,810

8 · Inventories for sale or use

beginning of year $2,617,896 · end of year $4,420,733

9 · Prepaid expenses and deferred charges

beginning of year $520,769 · end of year $1,377,488

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

$101,888,118

10b · Land, buildings and equipment: accumulated depreciation

$28,742,920

10c · Land, buildings and equipment, net

beginning of year $68,233,249 · end of year $73,145,198

12 · Investments: other securities

beginning of year $2,623 · end of year $2,622

13 · Investments: program-related

beginning of year $20,899,888 · end of year $22,917,209

15 · Other assets

beginning of year $156,600 · end of year $1,206,600

17 · Accounts payable and accrued expenses

beginning of year $3,783,991 · end of year $3,687,328

23 · Secured mortgages and notes payable

beginning of year $49,067,145 · end of year $56,522,345

25 · Other liabilities

beginning of year $604,324 · end of year $1,950,302

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 $0 · end of year $0

31 · Retained earnings, endowment or other funds

beginning of year $45,640,757 · end of year $47,807,376