Form 990 for tax year 2024

3 · Investment income

total $160,114 · excluded $160,114

6a · Gross rents

personal property $1,041,316

6b · Less rental expenses

personal property $0

6c · Rental income or loss

personal property $1,041,316

6d · Net rental income or loss

total $1,041,316 · excluded $1,041,316

7a · Gross sales of assets other than inventory

other assets $37,409

7b · Less cost or other basis and sales expenses

other assets $0

7c · Gain or loss

other assets $37,409

7d · Net gain or loss

total $37,409 · related or exempt $37,409

10a · Gross sales of inventory

$38,026,721

10b · Cost of goods sold

$17,924,992

10c · Net income from sales of inventory

total $20,101,729 · related or exempt $20,101,729

11a · Other revenue: G&T AND OTHER PATRONAGE CAPITAL

total $1,647,103 · excluded $1,647,103

11b · Other revenue: OTHER INCOME

total $97,134 · excluded $97,134

11e · Other revenue, total

$1,744,237

4 · Benefits paid to or for members

total $1,004,144

5 · Compensation of officers, directors and key employees

total $917,498

20 · Interest

total $2,150,417

22 · Depreciation, depletion and amortization

total $4,324,715

24a · Other expenses: DISTRIBUTION EXPENSE, M

total $5,699,054

24b · Other expenses: ADMINISTRATIVE AND GENE

total $3,040,565

24c · Other expenses: DISTRIBUTION EXPENSE, O

total $1,625,392

24d · Other expenses: SALES

total $1,327,494

24e · All other expenses

total $1,390,443

1 · Cash, non-interest-bearing

beginning of year $2,447,569 · end of year $1,681,959

2 · Savings and temporary cash investments

beginning of year $123,955 · end of year $128,603

4 · Accounts receivable

beginning of year $4,615,717 · end of year $5,366,943

8 · Inventories for sale or use

beginning of year $1,044,039 · end of year $1,069,967

9 · Prepaid expenses and deferred charges

beginning of year $1,004,380 · end of year $785,805

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

$148,634,501

10b · Land, buildings and equipment: accumulated depreciation

$52,832,371

10c · Land, buildings and equipment, net

beginning of year $92,419,069 · end of year $95,802,130

13 · Investments: program-related

beginning of year $16,261,490 · end of year $17,308,469

15 · Other assets

beginning of year $466,725 · end of year $494,472

17 · Accounts payable and accrued expenses

beginning of year $3,293,557 · end of year $4,349,082

23 · Secured mortgages and notes payable

beginning of year $48,476,851 · end of year $49,228,007

25 · Other liabilities

beginning of year $1,608,834 · end of year $1,922,842

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 $219 · end of year $272

31 · Retained earnings, endowment or other funds

beginning of year $65,003,483 · end of year $67,138,145

NORTHWESTERN SERVICE CORPORATION

C · CONSULTING AND SALES ACTIVITIES · PA · 100% owned

Directly controlled by NORTHWESTERN RURAL ELECTRIC COOPERATIVE ASSOCIATION INC