2024-11-06T17:50:36-05:00 2023-12-31 481290482 LARSON PA PO BOX 1029 AFTON WY 83110 990 2023-01-01 470348438 THE MIDWEST ELECTRIC COOPERATIVE CORPORATION MIDW 104 WASHINGTON AVE GRANT NE 69140 JAYSON BISHOP GENERAL MANAGER 3083524356 2024-11-06 true true DAVID LARSON P00283073 3078854272 2024-11-06 2023 2024-10-15 13:58:12Z X JAYSON BISHOP 31219100 false X WWW.MIDWESTECC.COM X 1939 NE TO SAFELY PROVIDE RELIABLE POWER AND HIGH-QUALITY SERVICE TO OUR COOPERATIVE MEMBERS IN AN EFFICIENT AND COST-EFFECTIVE MANNER. 9 9 37 0 0 0 35455238 30783877 229740 317449 9813 9488 35694791 31110814 0 2669783 0 4499850 4718577 0 0 29869465 25325855 37039098 30044432 -1344307 1066382 83342155 85085716 40744558 41314196 42597597 43771520 TO SAFELY PROVIDE RELIABLE POWER AND HIGH-QUALITY SERVICE TO OUR COOPERATIVE MEMBERS IN AN EFFICIENT AND COST-EFFECTIVE MANNER. false false THE MIDWEST ELECTRIC COOPERATIVE CORPORATION IS DEDICATED TO PROVIDING A HIGH-QUALITY, RELIABLE AND COMPETITIVELY PRICED SUPPLY OF ELECTRICITY TO OUR MEMBERS AND CUSTOMERS WHILE MAINTAINING A SOUND FINANCIAL POSITION THROUGH EFFECTIVE UTILIZATION OF HUMAN, CAPITAL AND PHYSICAL RESOURCES IN ACCORDANCE WITH COOPERATIVE PRINCIPLES. false false false false false false false false false true false true false true true true false false false false false false false false false false false false true false false false false false true false false false false false false false false true 15 0 true 37 true false false false false false 30783877 435223 false false false X 9 9 false false false false true true true true true false false false true true true true true true false false X RILEY D KENNEDY 3083524356 104 WASHINGTON AVE GRANT NE 69140 JAYSON BISHOP GENERAL MANAGER 40.00 0.00 X 181924 0 94726 KRAIG WYKERT OPERATIONS MANAGER 40.00 0.00 X 113400 0 66064 KARL LAKE ENGINEERING MANAGER 40.00 0.00 X 117554 0 61630 TIM JOHNSON APPARATUS TECHNICIAN 40.00 0.00 X 114620 0 63406 KYLE R DEEDS CONSTRUCTION FOREMAN 40.00 0.00 X 113038 0 55402 KIRK HEIMES METER TECHNICIAN 40.00 0.00 X 105626 0 52901 RILEY D KENNEDY FINANCIAL MANAGER 40.00 0.00 X 106862 0 50098 VANCE MCCOY TREASURER 2.00 0.00 X X 9100 0 0 CHRIS CORNELIUS DIRECTOR 2.00 0.00 X 6175 0 0 MARK MCCONNELL DIRECTOR 2.00 0.00 X 6175 0 0 DENNIS HUTT DIRECTOR 2.00 0.00 X 4225 0 0 SHAWN TURNER PRESIDENT 2.00 0.00 X X 4225 0 0 NICK HANSON VICE PRESIDENT 2.00 0.00 X X 4225 0 0 DALE SCHROEDER DIRECTOR 2.00 0.00 X 3900 0 0 BRAD HARMS DIRECTOR 2.00 0.00 X 3575 0 0 GAVIN MCCLINTOCK SECRETARY 2.00 0.00 X X 2600 0 0 897224 0 444227 9 false true false GREAT PLAINS POWER LLC 3716 W OLD HWY GRAND ISLAND NE 68803 CONSTRUCTION 821038 SUNBELT SOLOMON 1922 S MLK JR DR TEMPLE TX 76504 TRANSFORMER MAINT 131934 ESC ENGINEERING PO BOX 73568 CHICAGO IL 60673 ENGINEERING 139267 3 ELECTRIC ENERGY SALES 221000 30299985 30299985 OTHER OPERATING REVENUE 221000 483892 483892 30783877 274470 217477 56993 125367 82388 42979 42979 42979 30972 25898 5074 5074 OTHER NON-OPERATING INC 900099 4414 4414 4414 31110814 31053821 0 56993 477810 2506279 764706 755480 214302 5192 13500 -173 40243 34717 1326997 2803060 158863 PURCHASED POWER 20626975 20626975 ADMIN & GENERAL 1571681 1571681 DISTRIBUTION - MAINTENANCE 1885404 1885404 DISTRIBUTION - OPERATIONS 1140810 1140810 -4281414 30044432 0 0 0 X 800 800 1273410 827774 1314381 1099661 3176284 2289529 614362 638811 98392964 37734530 57401992 60658434 19560926 19570707 83342155 85085716 2163615 1758153 37838960 35868260 3100000 741983 587783 40744558 41314196 X 25217077 26392293 17380520 17379227 42597597 43771520 83342155 85085716 X 1066382 107541 X false true X true false 247399 247399 1506756 1016943 489813 5352796 2989960 2362836 91286013 33727627 57558386 60658434 INVEST IN ASSOCIATED ORGANIZATIONS 19482610 C NOTES RECEIVABLE 88097 C 19570707 DEFERRED CREDITS 587783 587783 X 31110814 31110814 31110814 30044432 30044432 30044432 Footnote for uncertain tax position under FIN 48 (Part X) THE COOPERATIVE HAS NOT IDENTIFIED ANY UNCERTAIN INCOME TAX POSITIONS THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE COOPERATIVES TAX RETURNS ARE SUBJECT TO POSSIBLE EXAMINATION BY TAXING AUTHORITIES. WITH FEW EXCEPTIONS, THE TAX RETURNS ESSENTIALLY REMAIN OPEN FOR POSSIBLE EXAMINATION FOR A PERIOD OF THREE YEARS AFTER THE RESPECTIVE FILING DEADLINES OF THOSE RETURNS. X false false false RILEY D KENNEDY FINANCIAL MANAGER 106862 39544 10554 156960 JAYSON BISHOP GENERAL MANAGER 181924 68256 26470 276650 KYLE R DEEDS CONSTRUCTION FOREMAN 113038 37494 17908 168440 KARL LAKE ENGINEERING MANAGER 117554 43179 18451 179184 TIM JOHNSON APPARATUS TECHNICIAN 114620 38299 25107 178026 KIRK HEIMES METER TECHNICIAN 105626 36899 16002 158527 KRAIG WYKERT OPERATIONS MANAGER 113400 42145 23919 179464 SHAWN TURNER DIRECTOR 20626975 PURCHASED POWER false Members or stockholder classes and rights Part VI line 6 THE ORGANIZATION IS A COOPERATIVE FORMED TO PROVIDE ELECTRIC SERVICE TO ITS MEMBERS. THE MEMBERS ELECT THE GOVERNING BODY AND APPROVE CHANGES IN THE BY-LAWS. MEMBERS RECEIVE A SHARE OF THE COOPERATIVES MARGINS THROUGH THE APPROVAL OF RETIREMENT OF PATRONAGE DIVIDENDS. Member election for additional members Part VI line 7a EACH MEMBER OF THE COOPERATIVE SHALL BE ENTITLED TO VOTE IN THE ELECTION OF THE BOARD OF DIRECTORS. THE BOARD CONSISTS OF 9 DIRECTORS THAT ARE ELECTED BY THE MEMBERS. Governing body decisions Part VI line 7b THE BOARD MAKES ALL THE GOVERNANCE DECISIONS EXCEPT TO SELL OR DISPOSE OF THE CORPORATION. Form 990 governing body review Part VI line 11 AFTER THE FORM 990 HAS BEEN PREPARED BY THE INDEPENDENT ACCOUNTANTS, THE GENERAL MANAGER REVIEWS THE FORM WITH THE FINANCE DIRECTOR FOR ACCURACY AND COMPLETENESS BEFORE IT IS FILED. A COPY OF THE FORM 990 IS AVAILABLE IN THE ACCOUNTING DEPARTMENT FOR ANY OF THE BOARD MEMBERS TO REVIEW. Conflict of interest policy compliance Part VI line 12c THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AT THE BOARD OF DIRECTORS MEETING. CEO executive director top management comp Part VI line 15a MANAGEMENTS SALARY AND COMPENSATION IS REVIEWED AND APPROVED ON AN ANNUAL BASIS BY THE BOARD OF DIRECTORS. Governing documents etc available to public Part VI line 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUESTS. Explanation of other changes in net assets or fund balances Part XI line 9 OTHER CHANGES TOTAL $107,541. THE TOTAL COMES FROM OTHER CHANGES IN EQUITY OF $(110,753)AND FROM CHANGES IN PATRONAGE CAPITAL CREDITS OF $218,294.