Form 990 for tax year 2022

2a · Program service revenue: ELECTRIC SALES

total $80,902,913 · related or exempt $80,902,913

3 · Investment income

total $649,330 · excluded $649,330

6a · Gross rents

personal property $2,192,144

6b · Less rental expenses

personal property $0

6c · Rental income or loss

personal property $2,192,144

6d · Net rental income or loss

total $2,192,144 · related or exempt $2,192,144

5 · Compensation of officers, directors and key employees

total $880,573

7 · Other salaries and wages

total $5,199,132

20 · Interest

total $131,630

22 · Depreciation, depletion and amortization

total $5,932,783

24a · Other expenses: COST OF POWER

total $60,324,595

24b · Other expenses: DISTRIBUTION - MAINTENA

total $5,636,321

24c · Other expenses: DISTRIBUTION - OPERATIO

total $3,935,518

24d · Other expenses: GENERAL AND ADMINISTRAT

total $2,496,592

24e · All other expenses

total -$4,167,839

1 · Cash, non-interest-bearing

beginning of year $639,762 · end of year $777,028

2 · Savings and temporary cash investments

beginning of year $16,060,602 · end of year $16,535,394

4 · Accounts receivable

beginning of year $4,295,188 · end of year $7,722,104

7 · Other notes and loans receivable

beginning of year $221,189 · end of year $88,388

8 · Inventories for sale or use

beginning of year $2,396,230 · end of year $3,157,290

9 · Prepaid expenses and deferred charges

end of year $136,901

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

$162,942,694

10b · Land, buildings and equipment: accumulated depreciation

$75,061,804

10c · Land, buildings and equipment, net

beginning of year $84,026,749 · end of year $87,880,890

13 · Investments: program-related

beginning of year $1,123,524 · end of year $1,210,885

15 · Other assets

beginning of year $4,470,760

17 · Accounts payable and accrued expenses

beginning of year $9,490,500 · end of year $12,161,939

24 · Unsecured notes and loans payable

beginning of year $3,126,638 · end of year $2,682,000

25 · Other liabilities

beginning of year $6,452,019 · end of year $4,853,624

29 · Capital stock, trust principal or current funds

beginning of year $0 · end of year $176,675

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 $94,164,847 · end of year $97,634,642