Form 990 for tax year 2022

2a · Program service revenue: ELECTRICAL SERVICE CHA

total $7,647,744 · related or exempt $7,647,744

3 · Investment income

total $26,693 · excluded $26,693

11a · Other revenue: CAPITAL CREDITS

total $515,179 · related or exempt $515,179

11b · Other revenue: OTHER NONOPERATING INC

total $58,499 · related or exempt $58,499

11e · Other revenue, total

$573,678

4 · Benefits paid to or for members

total $934,003 · program services $934,003

5 · Compensation of officers, directors and key employees

total $289,041 · management and general $289,041

7 · Other salaries and wages

total $138,210 · management and general $138,210

9 · Other employee benefits

total $9,960 · management and general $9,960

13 · Office expenses

total $34,339 · management and general $34,339

17 · Travel

total $17,345 · management and general $17,345

19 · Conferences, conventions and meetings

total $25,988 · management and general $25,988

20 · Interest

total $246,211 · management and general $246,211

22 · Depreciation, depletion and amortization

total $645,173 · program services $645,173

23 · Insurance

total $43,527 · management and general $43,527

24a · Other expenses: COST OF POWER

total $3,574,896 · program services $3,574,896

24b · Other expenses: DISTRIBUTION - MAINTENA

total $742,499 · program services $742,499

24c · Other expenses: DISTRIBUTION - OPERATIO

total $568,227 · program services $568,227

24d · Other expenses: TAXES

total $257,514 · management and general $257,514

24e · All other expenses

total $641,747 · program services $322,599 · management and general $319,148

1 · Cash, non-interest-bearing

beginning of year $154,480 · end of year $178,306

2 · Savings and temporary cash investments

beginning of year $361,759 · end of year $351,748

4 · Accounts receivable

beginning of year $521,580 · end of year $1,026,405

8 · Inventories for sale or use

beginning of year $379,285 · end of year $765,556

9 · Prepaid expenses and deferred charges

beginning of year $25,597 · end of year $21,256

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

$25,695,060

10b · Land, buildings and equipment: accumulated depreciation

$11,598,807

10c · Land, buildings and equipment, net

beginning of year $11,920,665 · end of year $14,096,253

15 · Other assets

beginning of year $4,810,548 · end of year $3,842,084

17 · Accounts payable and accrued expenses

beginning of year $608,478 · end of year $666,808

23 · Secured mortgages and notes payable

beginning of year $6,886,281 · end of year $8,254,300

25 · Other liabilities

beginning of year $705,186 · end of year $788,670

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 $3,702,726 · end of year $4,159,648

31 · Retained earnings, endowment or other funds

beginning of year $6,271,243 · end of year $6,412,182