Form 990 for tax year 2025

2a · Program service revenue: Electricity Sales

total $48,049,101 · related or exempt $48,049,101

2b · Program service revenue: Patronage Dividends

total $897,399 · related or exempt $897,399

3 · Investment income

total $156,027 · related or exempt $156,027

6a · Gross rents

real property $59,514

6c · Rental income or loss

real property $59,514

6d · Net rental income or loss

total $59,514

7a · Gross sales of assets other than inventory

securities $48,000

7c · Gain or loss

securities $48,000

7d · Net gain or loss

total $48,000

8c · Net income from fundraising events

total $0

11a · Other revenue: Misc Non-Operating

total $29,335 · related or exempt $29,335

11e · Other revenue, total

$29,335

1 · Grants to domestic organizations and governments

total $28,181 · program services $28,181

4 · Benefits paid to or for members

total $1,642,864 · program services $1,642,864

5 · Compensation of officers, directors and key employees

total $754,453 · program services $754,453

7 · Other salaries and wages

total $1,030,665 · program services $1,030,665

20 · Interest

total $1,728,128 · program services $1,728,128

22 · Depreciation, depletion and amortization

total $3,062,402 · program services $3,062,402

24a · Other expenses: Purchased Power

total $32,759,128 · program services $32,759,128

24b · Other expenses: Electric Distribution

total $4,026,080 · program services $4,026,080

24c · Other expenses: Consumer Accounts Expense

total $1,730,938 · program services $1,730,938

24d · Other expenses: Administrative & General

total $1,500,572 · program services $1,500,572

24e · All other expenses

total $975,965 · program services $975,965

1 · Cash, non-interest-bearing

beginning of year $662,198 · end of year $1,306,089

2 · Savings and temporary cash investments

end of year $5,036,613

4 · Accounts receivable

beginning of year $4,897,628 · end of year $4,479,746

7 · Other notes and loans receivable

beginning of year $100,019 · end of year $78,270

8 · Inventories for sale or use

beginning of year $26,036 · end of year $40,690

9 · Prepaid expenses and deferred charges

beginning of year $733,056 · end of year $789,746

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

$110,919,850

10b · Land, buildings and equipment: accumulated depreciation

$32,690,931

10c · Land, buildings and equipment, net

beginning of year $70,816,033 · end of year $78,228,919

12 · Investments: other securities

beginning of year $20,572,906 · end of year $21,293,805

17 · Accounts payable and accrued expenses

beginning of year $6,113,552 · end of year $6,121,572

23 · Secured mortgages and notes payable

beginning of year $39,930,138 · end of year $52,184,838

25 · Other liabilities

beginning of year $4,368,778 · end of year $4,666,976

29 · Capital stock, trust principal or current funds

beginning of year $59,000 · end of year $59,585

30 · Paid-in or capital surplus, or land, building or equipment fund

beginning of year $5,151,662 · end of year $5,384,329

31 · Retained earnings, endowment or other funds

beginning of year $42,184,746 · end of year $42,836,578