2024-10-22T15:11:17-04:00 2023-12-31 743040374 Kelso Lynch PC PA 6700 Squibb Rd Ste 215 Mission KS 662023252 990 2023-01-01 370425335 Monroe County Electric Cooperative Inc MONR PO Box 128 Waterloo IL 62298 Alan Wattles President & CEO 6189397171 2024-10-22 true true George Lynch P00187596 9138311150 2024-10-22 2023 2024-10-15 13:58:12Z Alan Wattles 18999460 false X www.mcec.org X 1938 IL As a member owned organization, Monroe County Electric Cooperatives mission is to provide and maintain quality electric and related services for the benefit and well-being of its members. 9 9 27 0 0 0 18091466 18862300 113255 -64457 64307 74940 18269028 18872783 15000 17338 1160322 1060316 1494426 1468876 0 0 15599280 16326253 18269028 18872783 0 51924602 52959364 33745989 33916005 18178613 19043359 As a member owned organization, Monroe County Electric Cooperatives mission is to provide and maintain quality electric and related services for the benefit and well-being of its members. false false Monroe County Electric Cooperative, Inc. is a member-owned electric cooperative. Using approximaately 1,200 miles of distribution and transmission electric line, Monroe County Electric Cooperative, Inc. serves more than 7,500 local farms, homes and businesses located in Illinois with dependable electric power. false false false false false false false false true false true false true true false true false false false false false false false false false true true true false false false false false false false false false false false true true false false true 47 0 true 27 true false false false false false 18492278 669861 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false X Tracy Patton 6189397171 PO Box 128 Waterloo IL 62298 Alan Wattles President & CEO 43.00 0.00 X 215292 0 127646 Christopher Scott Operations Supervisor 42.00 0.00 X 152020 0 58841 Ronald Rusteberg Foreman 45.00 0.00 X 137007 0 69951 Robert Gross Foreman 44.00 0.00 X 132671 0 50745 Christopher Deterding Foreman 44.00 0.00 X 127331 0 47741 Tracy Patton CFO 40.00 0.00 X 106400 0 45977 Andrew Gotto Journeyman 45.00 0.00 X 128560 0 21654 Larry Kraft Director 4.08 0.00 X 8250 0 0 George Obernagel Director 3.57 0.00 X 6750 0 0 Richard Neff Director 3.40 0.00 X 5250 0 0 Amy Hoffman-Rohlfing Diarector 3.30 0.00 X 5200 0 0 Greg Gregson Director 1.73 0.00 X 4900 0 0 Quent Stenzel Director 2.01 0.00 X 4800 0 0 Jeff Hoffmann Director 1.01 0.00 X 4300 0 0 Rich Hollis Director 0.81 0.00 X 3950 0 0 Joel Harres Director 0.67 0.00 X 3350 0 0 1046031 0 422555 7 false true false National Information Solutions Corp 1 Innovation Circle Lake Saint Louis MO 63367 Computer Support 164688 Osmose Utilities Services P O Box 736729 Dallas TX 75373 Pole Inspections 225571 2 Sale of Electricity 221000 18173385 18173385 Capital Credits 221000 554575 554575 Misc Electric 221000 134340 134340 18862300 62220 62220 57748 57748 57748 57748 126677 -126677 -126677 -126677 Misc Non-Operating 900099 17192 17192 17192 18872783 18752815 0 119968 X 8500 8838 1060316 542355 926521 1222336 1767418 Cost of Power 9762509 9762509 Distribution Expense 1918720 1918720 Admin & General 1271961 1271961 Member Services 377728 377728 5581 18872783 0 0 0 615029 950848 1300000 1000000 1662483 1500624 784980 915340 516635 180800 62856435 21795986 40111805 41060449 6888868 7311955 44802 39348 51924602 52959364 1874912 1663322 418215 418289 31081019 31466004 371843 368390 33745989 33916005 X 889165 1646506 17289448 17396853 18178613 19043359 51924602 52959364 X 0 864746 X false true X true 1732953 1732953 4278164 2087181 2190983 56845318 19708805 37136513 41060449 Associated Organizations 6889518 C Subordinated Certificates 326402 C Other Investments 96035 C 7311955 Post Retirement Benefits 368390 368390 X Footnote for uncertain tax position under FIN 48 (Part X) An evaluation of whether or not it has any uncertain tax positions isdetermined on an annual basis the Association. While the Associationbelieves is has adequately provided for all tax positions, amounts assertedby taxing authorities could be different than the positions taken by theAssociation. The Association recognizes any interest and penaltiesassessed by taxing authorities in income tax expense, and, with fewexceptions, is no longer subject to federal, state or local income taxexaminations by taxing authorities for years before 2020. true 17 Grants to Various Schools - 500 8500 Scholarships 15 7500 Assistance Electric Service 4 1338 Monitoring procedures (Part I, line 2) All recipients are required to send documentation of how the funds are used. If they do not, they are not eligible for future grants X X false false false Alan Wattles President & CEO 215292 102507 25139 342938 Christopher Scott Operations Supervisor 152020 35372 23469 210861 Ronald Rusteberg Foreman 137007 56600 13351 206958 Robert Gross Foreman 132671 28126 22619 183416 Christopher Deterding Foreman 127331 25131 22610 175072 Tracy Patton CFO 106400 23539 22438 152377 Andrew Gotto Journeyman 128560 8425 13229 150214 Members or stockholder classes and rights Part VI line 6 Monroe Electric Cooperative is a member owned Cooperative. Member election for additional members Part VI line 7a Monroe County Electric Cooperative, Inc. members elect the board of directors. Governing body decisions Part VI line 7b Bylaw changes are to be voted on by the membership. Form 990 governing body review Part VI line 11 The President/CEO and the CFO review the Form 990 for reasonableness and consistency with prior years Form 990s and it is reviewed by the Board of Directors prior to filing. Conflict of interest policy compliance Part VI line 12c Reviewed annually at the monthly board meeting in addition to the BOD signing a conflict of interest form. CEO executive director top management comp Part VI line 15a Annual review and salary comparisons are based upon the NRECA Wage & Salary Survey with all salary amounts being approved by the Board of Directors. Other officer or key employee compensation Part VI line 15b Annual review and salary comparisons are based upon the NRECA Wage & Salary Survey with all salary amounts being approved by the Board of Directors. Governing documents etc available to public Part VI line 19 Bylaws are offered to all new members and are posted on our website. All other documents are available upon request. Explanation of other changes in net assets or fund balances Part XI line 9 Assignment of Net Margins to Members $ 1,060,316Other Changes $ 40,799Change in AOCI $ 4,362Retirement of Capital Credits $ -240,731 Total $ 864,746 Part IX response or note to any line in Part IX Form 990, Part IX, Line 4The instructions to the 2023 Form 990 indicate that organizations exempt under Section 501(c)(12) should report patronage dividends paid to thier members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words patronage dividends paid in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 of the Form 990 represents the net margins assignable to the members for the calendar year ended December 31, 2023. Monroe County Environmental Mgmt PO Box 128 Waterloo IL 62298 203960021 Sewer Treat IL N/A C Corp 264529 1.00000 false false false false false false false false false false false false false false false false false false false