2024-10-17T14:56:57-07:00 2023-12-31 990 2023-01-01 314259080 CONSOLIDATED COOPERATIVE CONS 4199473055 5255 STATE ROUTE 95 MT GILEAD OH 43338 Amanda Pridemore CFO 4199473055 2024-10-31 1 2023 2024-10-15 13:58:12Z MICHAEL STRUCK 3130 CO RD 170 MARENGO OH 43334 64642413 0 X WWW.CONSOLIDATED.COOP X 1996 OH DEDICATED TO IMPROVING THE QUALITY OF LIFE FOR OUR MEMBERS AND COMMUNITIES. 9 9 84 0 0 0 0 0 60183057 58477631 227643 679075 2429971 3646069 62840671 62802775 0 8200 0 5636927 5305045 8506066 0 0 0 53686399 48651582 58991444 62802775 3849227 0 147465342 150255898 99551874 98612893 47913468 51643005 DEDICATED TO IMPROVING THE QUALITY OF LIFE FOR OUR MEMBERS AND COMMUNITIES. 0 0 DISTRIBUTION OF ELECTRIC ENERGY AND RELATED SERVICES TO 19,009 CONSUMER ACCOUNTS. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 68 0 1 84 1 0 0 0 0 0 58477631 4929731 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X AMANDA PRIDEMORE 4199473055 5255 STATE ROUTE 95 MT GILEAD OH 43338 PHILIP CASKEY CEO 40 15 X 287922 0 220630 TIMOTHY APPLEGATE COO 40 15 X 187197 0 131898 JAIMEY BURDEN VP OPERATIONS & SAFETY 40 15 X 166566 0 139364 AMANDA PRIDEMORE CFO 40 15 X 182638 0 101510 DANIEL JONES SPECIAL PROJECT ADMINISTRATOR 40 15 X 141740 0 101510 DANIEL BOYSEL COMMUNITY & GOVERNMENT RELATIONS VICE PRESIDENT 40 15 X 126335 0 113420 CHRISTINA SHOFFNER VP INFORMATION SYSTEMS 40 15 X 145741 0 93878 CARRIE BESSINGER FINANCIAL SERVICES MANAGER 40 15 X 126247 0 93338 JENNIFER BARGER CMO 40 15 X 134795 0 80604 DANIEL AMATO ENGINEERING MANAGER 40 15 X 130905 0 80604 AIMEE JANTZ CHIEF PEOPLE OFFICER 40 15 X 119701 0 82532 JAMES TUPPS DISTRICT OPERATIONS SUPERVISOR 40 15 X 128658 0 56547 MICHAEL SHUSTER VICE CHAIRMAN 11 3.6 X X 32466 0 0 MICHAEL STRUCK CHAIRMAN 4 1.4 X X 20016 0 0 TIMOTHY G BACHELDER TRUSTEE 5 1.8 X 18541 0 0 LARRY ROOF TRUSTEE 5 1.5 X 16366 0 0 DAVID ERICKSON ASSISTANT SECRETARY 4 1.4 X X 14541 0 0 MARY FULLER SECRETARY 1 0.5 X X 13691 0 0 KENT KRAMER TREASURER 2 0.6 X X 13166 0 0 DONALD BREECE TRUSTEE 2 0.8 X 12841 0 0 MICHAEL HUSTON TRUSTEE 2 0.7 X 7091 0 0 2027164 0 1295835 30 0 1 0 HARRIS & HEAVENER EXCAVATING 149 HUMPHRIES DRIVE REYNOLDSBURG OH 43068 FIBER PLANT CONST 2681843 ASHPLUNDH TREE EXPERTS PO BOX 532729 ATLANTA GA 30353 TREE TRIMMING/CLEARING 1700556 NEW RIVER ELECTRICAL CORP PO BOX 70 CLOVERDALE VA 24077 ELECTRIC PLANT CONST 953445 TRC ENVIRONMENTAL CORPORATION 21 GRIFFIN ROAD NORTH WINDSOR CT 06095 ELECTRIC ENGINEERING SERVICES 166425 FINAL TOUCH PAINTING SERVICES 3883 US 42 S DELAWARE OH 43015 PAINTING/MAINTENANCE 152574 8 0 SALE OF ELECTRIC ENERGY 221122 58477631 58477631 0 0 0 0 0 0 58477631 669949 0 0 669949 0 0 0 0 0 0 0 0 2198587 0 1811038 0 387549 0 387549 0 0 387549 0 9126 0 0 0 9126 9126 0 0 9126 79890 28600 51290 51290 0 0 Patronage Capital Credits 221122 2218359 0 0 2218359 Deferred Revenue 221122 988871 0 0 988871 0 0 0 0 3207230 62802775 58528921 0 4273854 0 8200 0 5636927 1317088 0 3649024 1099522 2084185 356247 0 64956 173874 0 0 0 0 0 11481 524212 0 0 14518 0 159020 2170159 0 3951115 134368 Purchased Power 33274425 Distribution Maintenance 1957282 Distribution Operation 476163 Administrative/General 857218 4882791 62802775 0 0 0 10193442 8254338 13274 13344 0 0 9534707 8521680 0 0 0 0 399059 332562 2586710 2838669 366141 508220 146254986 53492098 85143594 92762888 14900000 11853119 0 0 24328415 25171078 0 0 147465342 150255898 9058854 10982722 0 0 8500000 7500000 0 0 0 0 0 0 81597203 79789480 0 0 395817 340691 99551874 98612893 X 45948651 0 0 0 1964817 51643005 47913468 51643005 147465342 150255898 X 0 0 0 0 0 3729537 X 0 1 X 0 0 0 1065029 1065029 0 7566121 3571421 3994700 0 0 0 0 0 135007946 47453322 87554624 0 2615890 2467355 148535 92762888 INVESTMENTS IN BUCKEYE POWER 21412652 C INVESTMENTS IN VARIOUS COOP BANKS 1748767 C INVESTMENTS IN SUBSIDIARIES 1080952 C SOFTWARE, INSURANCE & INTERNET CO 928707 C 25171078 0 CONSUMER DEPOSITS 208328 LEASES 132363 340691 X 64642414 0 0 0 1839639 1839639 62802775 0 0 0 62802775 59005487 0 0 0 1839639 1839639 57165848 0 5636927 5636927 62802775 Schedule D, Part X, Line 2 THE COOPERATIVE COMPLIES WITH ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 RELATED TO UNCERTAIN TAX POSITIONS. ASC 740-10 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS TAKEN BY THE COOPERATIVE ON ITS TAX RETURNS THAT THEY CONSIDER TO BE UNCERTAIN OR THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. TAX RETURNS FOR THE YEARS ENDED 2020, 2021, AND 2022 ARE STILL OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. Schedule D, Part XI, Line 2d RENTAL EXPENSES $1,811,038 COST OF GOODS SOLD $28,600 Schedule D, Part XII, Line 2d RENTAL EXPENSES $1,811,038 COST OF GOODS SOLD $28,600 Schedule D, Part XII, Line 4b THIS AMOUNT EQUALS THE TOTAL OPERATING AND NON-OPERATING MARGINS AT YEAR-END TO BE ALLOCATED TO MEMBERS 1 SCHOLARSHIPS FOR STUDENTS 5 8200 0 Schedule I, Part I, Line 2 APPLICATIONS ARE RECEIVED AND REVIEWED BY A COMMITTEE. AWARDS ARE GIVEN BASED ON MERITS AS SPECIFIED IN THE SCHOLARSHIP GUIDELINES. X X X 0 0 0 PHILIP CASKEY CEO 270378 0 6574 0 10970 0 201789 0 18841 0 508552 0 0 0 TIMOTHY APPLEGATE COO 179077 0 4624 0 3497 0 92543 0 39355 0 319096 0 0 0 DANIEL AMATO ENGINEERING MANAGER 124296 0 4610 0 1999 0 62528 0 18075 0 211508 0 0 0 AMANDA PRIDEMORE CFO 167948 0 11769 0 2921 0 54936 0 1606 0 239180 0 0 0 JENNIFER BARGER CMO 128627 0 2920 0 3248 0 55214 0 42652 0 232661 0 0 0 DANIEL JONES SPECIAL PROJECT ADMINISTRATOR 133524 0 2080 0 6135 0 69861 0 31649 0 243249 0 0 0 JAIMEY BURDEN VP OPERATIONS & SAFETY 160129 0 4715 0 1722 0 111020 0 28344 0 305930 0 0 0 DANIEL BOYSEL COMMUNITY & GOVERNMENT RELATIONS VICE PRESIDENT 122246 0 2585 0 1505 0 81707 0 31713 0 239756 0 0 0 CHRISTINA SHOFFNER VP INFORMATION SYSTEMS 142056 0 2680 0 1005 0 57694 0 36184 0 239619 0 0 0 JAMES TUPPS DISTRICT OPERATIONS SUPERVISOR 115406 0 12272 0 980 0 53431 0 3116 0 185205 0 0 0 AIMEE JANTZ CHIEF PEOPLE OFFICER 116181 0 2260 0 1260 0 45945 0 36587 0 202233 0 0 0 CARRIE BESSINGER FINANCIAL SERVICES MANAGER 123396 0 2170 0 681 0 53573 0 39764 0 219584 0 0 0 Schedule J, Part II COLUMN (C) CONTAINS EMPLOYER DEFINED RETIREMENT PLAN CONTRIBUTION, EMPLOYER 401K CONTRIBUTION, AND DEFINED RETIREMENT PLAN CHANGE IN ACTUARIAL VALUE. COLUMN (D) CONTAINS THE FOLLOWING PRETAX ITEMS PAID BY THE EMPLOYEE: SECTION 125 INSURANCE, HEALTH SAVINGS ACCOUNT CONTRIUBTIONS. COLUMN (D) ALSO CONTAINS THE FOLLOWING ITEMS PAID BY THE EMPLOYER: HEALTH, VISION, & DENTAL INSURANCE AND HEALTH SAVINGS ACCOUNT CONTRIBUTIONS. Form 990, Part VI, Section A, Line 6 MEMBERS/OWNERS. Form 990, Part VI, Section A, Line 7a MEMBERS ELECT TRUSTEES AT THE ANNUAL MEETING. Form 990, Part VI, Section A, Line 7b PER CONSOLIDATED COOPERATIVE'S (CC) CODE OF REGULATIONS - ANY PERSON, WHETHER A NATURAL PERSON OR A FIRM, ASSOCIATION, CORPORATION, PARTNERSHIP, BODY POLITIC OR SUBDIVISION THEREOF, WILL BECOME A MEMBER OF CC UPON RECEIPT OF ELECTRIC, NATURAL GAS, PROPANE, OIL OR TELECOMMUNICATIONS PRODUCTS, COMMODITIES, OR SERVICES FROM THE COOPERATIVE. UNLESS OTHERWISE PROVIDED BY LAW, BY THE ARTICLES OF INCOPROATION, OR BY THIS CODE OF REGULATIONS, EACH MEMBER IS ENTITLED TO ONE VOTE UPON EACH MATTER SUBMITTED TO A VOTE OF THE MEMBERS, PROVIDED THE MATTER HAS BEEN INCLUDED IN THE NOTICE DETAILING THE BUSINESS TO BE TRANSACTED. Form 990, Part VI, Section B, Line 11b THE FORM 990 IS PLACED ON THE BOARD EXTRANET FOR REVIEW PRIOR TO FILING. Form 990, Part VI, Section B, Line 12c AMONG OTHER QUALIFICATIONS, TO BE QUALIFIED TO BECOME AND REMAIN A MEMBER OF THE BOARD ("TRUSTEE"), AN INDIVIDUAL: 1. MUST COMPLY WITH THE POLICY AND 2. MUST ANNUALLY COMPLETE AND SIGN THE CONFLICT OF INTEREST CERIFICATION AND DISCLOSURE FORM ATTACHED TO THIS POLICY ('FORM"), AND SUBMIT THE COMPLETED AND SIGNED FORM TO CEC IMMEDIATELY PROVIDING TO CONSOLIDATED'S BOARD CHAIR ALL COMPLETED AND SIGNED FORMS ANY FACT, NOTATION, MARK OR ALTERATION OTHER THAN A TRUSTEE'S PRINTED NAME, A TRUSTEE'S SIGNATURE, OR THE DATE. Form 990, Part VI, Section B, Line 15 THERE IS A BOARD POLICY TO REVIEW WAGES THAT STATES: 1. THE BOARD OF TRUSTEES, WITH THE ASSISTANCE OF THE PRESIDENT/CEO, SHALL ANNUALLY APPROVE THE COMPENSATION PAY PLANS. 2. THE PRESIDENT/CEO SHALL BE RESPONSIBLE FOR THE ADMINISTRATION OF THIS POLICY AND MAY MAKE FURTHER DELEGATION TO THE STAFF TO IMPLEMENT THIS POLICY. FURTHER THERE IS WRITTEN POLICY STATING THE BOARD OF TRUSTEES RECOGNIZES ITS RESPONSIBILITY FOR THE EMPLOYMENT AND COMPENSATION OF A PRESIDENT/CEO, AND APPRAISAL OF THE PRESIDENT/CEO'S PERFORMANCE UPON OCCASION, IN ORDER THAT GROWTH, DEVELOPMENT AND EFFECTIVE IMPROVEMENT ARE ENCOURAGED. Form 990, Part VI, Section C, Line 19 THERE IS A POLICY ON INSPECTION OF COOPERATIVE RECORDS THAT IN PART STATES, "THE COOPERATIVE SHALL PERMIT A CURRENT MEMBER OF THE COOPERATIVE TO INSPECT CERTAIN RECORDS OF THE COOPERATIVE, AT A REASONABLE TIME AND FOR A PROPER PURPOSE." THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 CURRENT YEAR MARGINS AND CAPITAL CREDIT RETIREMENTS BRIGHT ENERGY INC 5255 STATE ROUTE 95 MOUNT GILEAD OH 43338 341851659 NATURAL GAS OH 501C12 N/A 0 CONSOLIDATED ELECTRIC FOUNDATION 5255 STATE ROUTE 95 MOUNT GILEAD OH 43338 030417951 CHARITY OH 501C3 10 N/A 0 CONSOLIDATED GAS COOPERATIVE INC 5255 STATE ROUTE 95 MOUNT GILEAD OH 43338 341961892 PROPANE OH CC C 0 CONSOLIDATED FIBER INC 5255 STATE ROUTE 95 MOUNT GILEAD OH 43338 371877401 TELECOMMUNICATIONS OH CC C 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 BRIGHT ENERGY INC o 95514 PAYROLL & BENEFITS CONSOLIDATED FIBER INC j 1698569 ASSETS AND RELATED DEBT CONSOLIDATED GAS COOPERATIVE INC o 220240 PAYROLL & BENEFITS CONSOLIDATED FIBER INC o 1093002 PAYROLL & BENEFITS CONSOLIDATED FIBER INC k 286820 # OF STRANDS & MILES OF FIBER