Form 990 for tax year 2024

2a · Program service revenue: ELECTRIC REVENUE

total $31,148,083 · related or exempt $31,148,083

2b · Program service revenue: OTHER MISC REVENUE

total $277,997 · related or exempt $277,997

3 · Investment income

total $31,683 · excluded $31,683

7a · Gross sales of assets other than inventory

other assets $94,300

7b · Less cost or other basis and sales expenses

other assets $0

7c · Gain or loss

other assets $94,300

7d · Net gain or loss

total $94,300 · excluded $94,300

11a · Other revenue: PATRONAGE REVENUE

total $1,162,760 · excluded $1,162,760

11b · Other revenue: 990-T INCOME(EXPENSE)

total -$2,911 · unrelated business -$2,911

11e · Other revenue, total

$1,159,849

5 · Compensation of officers, directors and key employees

total $336,351 · program services $336,351

7 · Other salaries and wages

total $1,893,393 · program services $1,893,393

20 · Interest

total $788,476 · program services $788,476

22 · Depreciation, depletion and amortization

total $2,190,355 · program services $2,190,355

24a · Other expenses: PURCHASED POWER

total $19,087,458 · program services $19,087,458

24b · Other expenses: MAINTENANCE

total $2,930,475 · program services $2,930,475

24c · Other expenses: OPERATIONS

total $1,441,916 · program services $1,441,916

24d · Other expenses: CONSUMER ACCOUNTING & S

total $593,213 · program services $593,213

24e · All other expenses

total $131,033 · program services $131,033

1 · Cash, non-interest-bearing

beginning of year $1,342,995 · end of year $1,252,612

4 · Accounts receivable

beginning of year $4,546,324 · end of year $4,091,590

7 · Other notes and loans receivable

beginning of year $392,547 · end of year $125,111

8 · Inventories for sale or use

beginning of year $313,657 · end of year $314,566

9 · Prepaid expenses and deferred charges

beginning of year $138,598 · end of year $237,153

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

$72,046,732

10b · Land, buildings and equipment: accumulated depreciation

$29,458,298

10c · Land, buildings and equipment, net

beginning of year $42,134,477 · end of year $42,588,434

13 · Investments: program-related

beginning of year $16,249,940 · end of year $17,476,555

17 · Accounts payable and accrued expenses

beginning of year $3,064,857 · end of year $2,824,687

19 · Deferred revenue

beginning of year $160,730 · end of year $461,181

23 · Secured mortgages and notes payable

beginning of year $16,268,409 · end of year $14,818,574

25 · Other liabilities

beginning of year $3,802,069 · end of year $3,728,494

29 · Capital stock, trust principal or current funds

beginning of year $3,018,962 · end of year $3,018,962

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 $38,803,511 · end of year $41,234,123