Form 990 for tax year 2023

3 · Investment income

total $76,492 · excluded $76,492

5 · Royalties

total $148 · excluded $148

6a · Gross rents

real property $389,302

6b · Less rental expenses

real property $0

6c · Rental income or loss

real property $389,302

6d · Net rental income or loss

total $389,302 · excluded $389,302

7a · Gross sales of assets other than inventory

other assets $504

7b · Less cost or other basis and sales expenses

other assets $0

7c · Gain or loss

other assets $504

7d · Net gain or loss

total $504 · excluded $504

10a · Gross sales of inventory

$51,497,623

10b · Cost of goods sold

$31,022,952

10c · Net income from sales of inventory

total $20,474,671 · related or exempt $20,474,671

11a · Other revenue: GENERATION CAPITAL CREDITS

total $1,767,498 · excluded $1,767,498

11b · Other revenue: OTHER CAPITAL CREDITS

total $199,812 · excluded $199,812

11e · Other revenue, total

$1,967,310

2 · Grants to domestic individuals

total $20,200

4 · Benefits paid to or for members

total $3,661,561

5 · Compensation of officers, directors and key employees

total $1,015,803

7 · Other salaries and wages

total $3,559,934

8 · Pension plan contributions

total $949,434

9 · Other employee benefits

total $881,711

10 · Payroll taxes

total $311,288

11b · Fees: legal

total $14,197

11c · Fees: accounting

total $30,300

11g · Fees: other

total $47,321

12 · Advertising and promotion

total $24,292

13 · Office expenses

total $342,579

14 · Information technology

total $214,009

16 · Occupancy

total $80,138

17 · Travel

total $89,489

19 · Conferences, conventions and meetings

total $62,544

20 · Interest

total $1,877,314

22 · Depreciation, depletion and amortization

total $3,200,653

23 · Insurance

total $83,992

24a · Other expenses: TAXES-UTIL. & PROPERTY

total $3,128,110

24b · Other expenses: OPERATING & MAINTENANCE

total $2,792,420

24c · Other expenses: CONSUMER ACCOUNTS EXPEN

total $367,154

24d · Other expenses: ADMINISTRATIVE & GENERA

total $153,984

1 · Cash, non-interest-bearing

beginning of year $30,441 · end of year $71,641

2 · Savings and temporary cash investments

beginning of year $621,921 · end of year $507,875

4 · Accounts receivable

beginning of year $8,202,263 · end of year $5,930,187

8 · Inventories for sale or use

beginning of year $1,302,929 · end of year $1,351,194

9 · Prepaid expenses and deferred charges

beginning of year $216,795 · end of year $214,441

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

$108,030,172

10b · Land, buildings and equipment: accumulated depreciation

$28,187,349

10c · Land, buildings and equipment, net

beginning of year $79,079,357 · end of year $79,842,823

12 · Investments: other securities

beginning of year $21,945,208 · end of year $22,674,184

14 · Intangible assets

beginning of year $93,952 · end of year $87,372

15 · Other assets

beginning of year $400,115 · end of year $2,393,704

17 · Accounts payable and accrued expenses

beginning of year $5,406,086 · end of year $5,921,654

23 · Secured mortgages and notes payable

beginning of year $59,524,439 · end of year $57,834,228

25 · Other liabilities

beginning of year $796,326 · end of year $837,299

29 · Capital stock, trust principal or current funds

beginning of year $46,166,130 · end of year $48,480,240

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 $0 · end of year $0