Form 990 for tax year 2022

2a · Program service revenue: SALE OF POWER

total $38,089,657 · related or exempt $38,089,657

2b · Program service revenue: OTHER ELECTRIC REVENUE

total $192,878 · related or exempt $192,878

3 · Investment income

total $123,251 · excluded $123,251

7a · Gross sales of assets other than inventory

other assets $6,889

7b · Less cost or other basis and sales expenses

other assets $2,271

7c · Gain or loss

other assets $4,618

7d · Net gain or loss

total $4,618 · excluded $4,618

11a · Other revenue: CAPITAL CREDITS

total $678,556 · related or exempt $678,556

11b · Other revenue: ELECTRIC WIRING

total $22,475 · unrelated business $22,475

11e · Other revenue, total

$701,031

4 · Benefits paid to or for members

total $2,426,194

5 · Compensation of officers, directors and key employees

total $1,015,153

20 · Interest

total $874,055

22 · Depreciation, depletion and amortization

total $3,570,205

24a · Other expenses: COST OF POWER

total $25,558,331

24b · Other expenses: DISTRIBUTION EXPENSE -

total $1,707,576

24c · Other expenses: DISTRIBUTION EXPENSE -

total $1,283,413

24d · Other expenses: ADMIN AND GENERAL EXPEN

total $1,141,025

24e · All other expenses

total $1,535,483

1 · Cash, non-interest-bearing

beginning of year $1,910,786 · end of year $3,497,042

2 · Savings and temporary cash investments

beginning of year $4,385,334

4 · Accounts receivable

beginning of year $4,291,737 · end of year $4,374,648

7 · Other notes and loans receivable

beginning of year $1,336,533 · end of year $1,026,876

8 · Inventories for sale or use

beginning of year $1,249,430 · end of year $1,757,931

9 · Prepaid expenses and deferred charges

beginning of year $1,154,402 · end of year $895,036

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

$99,479,939

10b · Land, buildings and equipment: accumulated depreciation

$35,579,817

10c · Land, buildings and equipment, net

beginning of year $61,360,535 · end of year $63,900,122

13 · Investments: program-related

beginning of year $17,484,638 · end of year $24,425,257

15 · Other assets

beginning of year $6,661 · end of year $22,720

17 · Accounts payable and accrued expenses

beginning of year $4,913,185 · end of year $4,487,448

23 · Secured mortgages and notes payable

beginning of year $35,139,623 · end of year $40,835,448

25 · Other liabilities

beginning of year $6,755,871 · end of year $7,844,058

29 · Capital stock, trust principal or current funds

beginning of year $17,222 · end of year $17,346

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 $46,354,155 · end of year $46,715,332