Form 990 for tax year 2025

2a · Program service revenue: UTILITIES & SERVICES

total $43,794,023 · related or exempt $43,794,023

3 · Investment income

total $233,858 · excluded $233,858

6a · Gross rents

personal property $89,108

6b · Less rental expenses

personal property $0

6c · Rental income or loss

personal property $89,108

6d · Net rental income or loss

total $89,108 · excluded $89,108

11a · Other revenue: CAPITAL CREDITS ALLOC

total $2,251,076 · related or exempt $2,251,076

11b · Other revenue: WAPA WHEELING CREDIT

total $157,500 · related or exempt $157,500

11c · Other revenue: MERCHANDISING

total $1,686 · related or exempt $1,686

11e · Other revenue, total

$2,410,262

4 · Benefits paid to or for members

total $1,014,770

5 · Compensation of officers, directors and key employees

total $1,244,203

7 · Other salaries and wages

total $490,895

11b · Fees: legal

total $29,028

11c · Fees: accounting

total $18,250

11d · Fees: lobbying

total $3,187

11g · Fees: other

total -$5,895

13 · Office expenses

total $536,795

19 · Conferences, conventions and meetings

total $111,791

20 · Interest

total $2,681,168

22 · Depreciation, depletion and amortization

total $3,855,442

23 · Insurance

total $64,816

24a · Other expenses: COST OF POWER

total $23,523,430

24b · Other expenses: DISTRIBUTION OPERATIONS

total $5,504,579

24c · Other expenses: DISTRIBUTION MAINTENANC

total $2,179,976

24d · Other expenses: CONSUMER ACCOUNTS

total $692,262

24e · All other expenses

total $2,064,023

1 · Cash, non-interest-bearing

beginning of year $121,080 · end of year $339,799

2 · Savings and temporary cash investments

beginning of year $4,507,589 · end of year $2,403,960

4 · Accounts receivable

beginning of year $3,027,498 · end of year $2,985,669

8 · Inventories for sale or use

beginning of year $1,618,966 · end of year $1,518,466

9 · Prepaid expenses and deferred charges

beginning of year $89,656 · end of year $128,496

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

$128,619,926

10b · Land, buildings and equipment: accumulated depreciation

$50,250,260

10c · Land, buildings and equipment, net

beginning of year $77,294,516 · end of year $78,369,666

13 · Investments: program-related

beginning of year $12,638,699 · end of year $14,493,747

15 · Other assets

beginning of year $1,156,607 · end of year $398,728

17 · Accounts payable and accrued expenses

beginning of year $5,229,016 · end of year $4,604,030

23 · Secured mortgages and notes payable

beginning of year $61,643,076 · end of year $59,832,868

25 · Other liabilities

beginning of year $1,732,000 · end of year $1,832,583

29 · Capital stock, trust principal or current funds

beginning of year $2,367,453 · end of year $2,548,739

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 $29,483,066 · end of year $31,820,311