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Nonprofiteer
← CONSOLIDATED ELECTRIC COOPERATIVE

Form 990 for tax year 2024

Filed by CONSOLIDATED ELECTRIC COOPERATIVE.

Totals

Total revenue
$29,438,049
Total expenses
$29,438,049
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$29,146,481
Investment income
$310,725
Other revenue
-$19,157
Total assets, end of year
$75,378,057
Total liabilities, end of year
$40,910,852
Net assets or fund balances, end of year
$34,467,205
Program services expenses (Part IX)
$29,438,049
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$29,438,049

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: Sale of Electricity

    total $27,891,685 · related or exempt $27,891,685

  • 2b · Program service revenue: Captial Credits

    total $1,293,813 · related or exempt $1,293,813

  • 2c · Program service revenue: Other Operating

    total -$39,017 · related or exempt -$39,017

  • 3 · Investment income

    total $248,625 · excluded $248,625

  • 6a · Gross rents

    personal property $21,408

  • 6c · Rental income or loss

    personal property $21,408

  • 6d · Net rental income or loss

    total $21,408 · excluded $21,408

  • 7a · Gross sales of assets other than inventory

    other assets $62,100

  • 7c · Gain or loss

    other assets $62,100

  • 7d · Net gain or loss

    total $62,100 · excluded $62,100

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: Non-Operating

    total -$40,565 · related or exempt -$40,565

  • 11e · Other revenue, total

    -$40,565

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $3,936,365 · program services $3,936,365

  • 5 · Compensation of officers, directors and key employees

    total $553,529 · program services $553,529

  • 7 · Other salaries and wages

    total $906,514 · program services $906,514

  • 20 · Interest

    total $1,016,265 · program services $1,016,265

  • 22 · Depreciation, depletion and amortization

    total $2,272,401 · program services $2,272,401

  • 24a · Other expenses: Cost of Power

    total $15,684,427 · program services $15,684,427

  • 24b · Other expenses: Distribution

    total $3,154,953 · program services $3,154,953

  • 24c · Other expenses: Consumer Services

    total $448,792 · program services $448,792

  • 24d · Other expenses: Admin & General

    total $1,450,003 · program services $1,450,003

  • 24e · All other expenses

    total $14,800 · program services $14,800

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $367,663 · end of year $1,063,140

  • 2 · Savings and temporary cash investments

    beginning of year $3,679,808 · end of year $2,409,188

  • 4 · Accounts receivable

    beginning of year $3,048,706 · end of year $2,514,461

  • 8 · Inventories for sale or use

    beginning of year $1,077,811 · end of year $1,085,888

  • 9 · Prepaid expenses and deferred charges

    beginning of year $86,226 · end of year $855,950

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

    $71,092,042

  • 10b · Land, buildings and equipment: accumulated depreciation

    $21,802,360

  • 10c · Land, buildings and equipment, net

    beginning of year $47,227,555 · end of year $49,289,682

  • 12 · Investments: other securities

    beginning of year $1,793

  • 13 · Investments: program-related

    beginning of year $15,499,082 · end of year $18,159,748

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,380,970 · end of year $2,921,764

  • 19 · Deferred revenue

    beginning of year $500,000 · end of year $1,085,675

  • 23 · Secured mortgages and notes payable

    beginning of year $34,614,164 · end of year $36,242,473

  • 24 · Unsecured notes and loans payable

    beginning of year $2,556

  • 25 · Other liabilities

    beginning of year $1,474,121 · end of year $660,940

  • 29 · Capital stock, trust principal or current funds

    beginning of year $147,265

  • 31 · Retained earnings, endowment or other funds

    beginning of year $31,869,568 · end of year $34,467,205

Mission and programs · 2024

Mission

To provide its member-owners with quality, reliable electric and related services consistent with sound business practices on a cooperative basis

  • The Cooperative distributes electric energy to rural consumer/members in eight counties. The Cooperative will continue to maintain and upgrade electric lines to provide reliable electric service on a cooperative basis.

    Expenses $29,438,049 · Revenue $29,438,049

As filed on the 2024 return.

Listed in Part VII

  • Lynn Thompson

    CEO

    Total calculated
    $307,770
    From this org
    $231,934
    From related orgs
    $0
    Other
    $75,836
    Hours/week
    42

    Schedule J breakdown matched by us

    Base
    $231,934
    Bonus
    not reported
    Other
    not reported
    Deferred
    $48,691
    Nontaxable benefits
    $27,145
    Filer's total
    $307,770

  • Troy Crum

    Ops Mgr

    Total calculated
    $207,310
    From this org
    $146,697
    From related orgs
    $0
    Other
    $60,613
    Hours/week
    43

    Schedule J breakdown matched by us

    Base
    $146,697
    Bonus
    not reported
    Other
    not reported
    Deferred
    $30,820
    Nontaxable benefits
    $29,793
    Filer's total
    $207,310

  • Melanie Oetting

    Mgr Admin Svcs

    Total calculated
    $189,815
    From this org
    $134,836
    From related orgs
    $0
    Other
    $54,979
    Hours/week
    41

    Schedule J breakdown matched by us

    Base
    $134,836
    Bonus
    not reported
    Other
    not reported
    Deferred
    $29,531
    Nontaxable benefits
    $25,448
    Filer's total
    $189,815

  • Christa Baumhoer

    CFO

    Total calculated
    $185,764
    From this org
    $130,872
    From related orgs
    $0
    Other
    $54,892
    Hours/week
    41

    Schedule J breakdown matched by us

    Base
    $130,872
    Bonus
    not reported
    Other
    not reported
    Deferred
    $29,446
    Nontaxable benefits
    $25,446
    Filer's total
    $185,764

  • Jared Nelson

    Mgr New Const

    Total calculated
    $171,494
    From this org
    $135,206
    From related orgs
    $0
    Other
    $36,288
    Hours/week
    43

    Schedule J breakdown matched by us

    Base
    $135,206
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,265
    Nontaxable benefits
    $25,023
    Filer's total
    $171,494

  • Brandon Crawford

    Journeyman

    Total calculated
    $169,341
    From this org
    $131,335
    From related orgs
    $0
    Other
    $38,006
    Hours/week
    46

    Schedule J breakdown matched by us

    Base
    $131,335
    Bonus
    not reported
    Other
    not reported
    Deferred
    $13,202
    Nontaxable benefits
    $24,804
    Filer's total
    $169,341

  • Paul Johannaber

    Journeyman

    Total calculated
    $168,654
    From this org
    $129,922
    From related orgs
    $0
    Other
    $38,732
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $129,922
    Bonus
    not reported
    Other
    not reported
    Deferred
    $13,659
    Nontaxable benefits
    $25,073
    Filer's total
    $168,654

  • Shera Dameron

    Secretary

    Total calculated
    $9,166
    From this org
    $9,166
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Nancy Cobb

    Director

    Total calculated
    $7,566
    From this org
    $7,566
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Patty Fisher

    Director

    Total calculated
    $7,266
    From this org
    $7,266
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • James Ebbesmeyer

    President

    Total calculated
    $6,966
    From this org
    $6,966
    From related orgs
    $0
    Other
    $0
    Hours/week
    3

  • William Deichman

    Director

    Total calculated
    $6,366
    From this org
    $6,366
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Michael Curtis

    Director

    Total calculated
    $5,566
    From this org
    $5,566
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Russell Thomas

    Treasurer

    Total calculated
    $5,566
    From this org
    $5,566
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Mike VanMaanen

    Vice President

    Total calculated
    $5,566
    From this org
    $5,566
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • William Sonwalt

    Director

    Total calculated
    $4,339
    From this org
    $4,339
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Monte Buck

    Director

    Total calculated
    $1,528
    From this org
    $1,528
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Consolidated Electric Service

    C Corp · Energy Distribution · MO · 100% owned · share of assets $793

  • Consolidated Enterpirses Inc

    C Corp · Economic Development · MO · 100% owned · share of assets $1,000

Provenance

Return type
form_990
Tax year
2024
Filed
5 November 2025
IRS schema version
2024v5.2
Source object
202503099349303915

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