2025-11-04T12:59:04-05:00 2024-12-31 743040374 Kelso Lynch PC PA 6700 Squibb Rd Ste 215 Mission KS 662023252 990 2024-01-01 370408325 McDonough Power Cooperative Inc % Robert M Smith MCDO 3098332101 1210 W Jackson Street Macomb IL 61455 ROBERT M SMITH President & CEO 3098332101 2025-10-30 true true GEORGE LYNCH P00187596 9138311150 2025-11-04 2024 2025-03-06 01:10:19Z Robert M Smith 1210 W Jackson Street Macomb IL 61455 12887511 false X www.mcdonoughpower.com X 1938 IL McDonough Power Cooperative is a member-owned and locally controlled cooperative business whose mission is to provide high quality electric and related services in a safe, reliable and financially responsible manner for the betterment of the membership and the area it serves. 9 9 16 0 0 0 12742530 12824298 19085 20406 44622 42807 12806237 12887511 0 834114 794959 1159419 1347762 0 0 10812704 10744790 12806237 12887511 0 36265528 38491607 20125800 21843398 16139728 16648209 McDonough Power Cooperative is a member-owned and locally controlled cooperative business whose mission is to provide high quality electric and related services in a safe, reliable and financially responsible manner for the betterment of the membership and the area it serves. false false McDonough Power Cooperative supplies electric power to members in portions of Fulton, Hancock, Henderson, Knox, McDonough, Schuyler and Warren counties in West-Central Illinois. More than 5,000 households and businesses receive power from McDonough Power. false false false false false false false false true false true false false true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 17 0 true 16 true false false false false false 12748309 688708 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 Camden 3098332101 1210 W Jackson Street Macomb IL 61455 Robert M Smith President & CEO 40.00 0.00 X 187984 0 120288 Doug Bear Line Superintendent 40.00 0.00 X 124894 0 86114 Tracy Camden CFO 40.00 0.00 X 129060 0 48805 Joseph Wernsman Journeyman Lineman 45.00 0.00 X 123843 0 38419 Gabe Williams Journeyman Lineman 45.00 0.00 X 121050 0 30465 Hunter Maxwell Crew Foreman 45.00 0.00 X 125434 0 23255 Riley Entwistle Journeyman Lineman 45.00 0.00 X 122458 0 22804 Steve Hall Director 1.00 0.00 X 6660 0 0 Jeffrey Moore Director 1.00 0.00 X 5775 0 0 Walter Lewis Director 2.00 0.00 X 5700 0 0 David Lueck Director 2.00 0.00 X 4498 0 0 Michael Cox Director 1.00 0.00 X 4348 0 0 Courtney Chandler Director 1.00 0.00 X 4150 0 0 Robert Dwyer Director 1.00 0.00 X 3725 0 0 Bryson Bedwell Director 1.00 0.00 X 2325 0 0 Jerry Riggins Director 2.00 0.00 X 2108 0 0 Ryan Litchfield Director 1.00 0.00 X 0 0 2025 Steven Lynn Director 1.00 0.00 X 1575 0 0 975587 0 372175 7 false true false Sellenriek Energy 313 N Gladstone AV Jonesburg MO 63351 Line Construction 498354 Spoon River Electric Coop PO Box 340 Canton IL 61520 Tree Trimming 318332 Meridian 100 Ashford Center N Atlanta GA 30338 Software 148499 Tharp Brothers RR 1 Box 107B Hwy 164 Oquawka IL 61469 Boring 143801 AIEC 6460 S 6th St Frontage Rd E Springfield IL 62712 Service Organizati 119223 5 Sale of Electricity 221000 12192286 12192286 Capital Credits 211100 572710 572710 Miscellaneous Electric 211100 59302 59302 12824298 20406 20406 9504 9504 9504 9504 0 Other Non-Operating 900099 33303 33303 33303 12887511 12857601 0 29910 X 794959 529026 818736 928277 1318085 Cost of Power 6621210 6621210 Distribution Expense 912575 912575 Admin & General 730131 730131 Member Services 169634 169634 64878 12887511 0 0 0 525 28671 1077107 1209854 296261 305568 58115 59967 45308075 15543124 28173466 29764951 6630666 7094245 29388 28351 36265528 38491607 1487579 1506568 155950 116005 18482271 20020825 200000 20125800 21843398 X 95012 92151 802664 882529 15242052 15673529 16139728 16648209 36265528 38491607 X 0 508481 X false true X true 274283 274283 2903548 995814 1907734 42130244 14547310 27582934 29764951 Investments in Assoc Organizations 6707466 C Subordinated Certificates 386779 C 7094245 X 12887511 12887511 12887511 12092552 12092552 794959 794959 12887511 Part XII, Line 4b-Other expenses not included on Sch D but on 990 Assignement of Margins to Members $794,959 Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) An evaluation of whether or not it has any uncertain tax positions is determined on an annual basis by the Cooperative. While the Cooperative believes it has adequately provided for all tax positions, amounts asserted by taxing authorities could be different than the positions taken by the Cooperative. The Cooperative recognizes any interest and penaltiesassessed by taxing authorities in income tax expense; and, with few exeptions, is no longer subject to federal, state, or local income taxexaminations by taxing authorities for years before 2021. X false false false Robert M Smith President & CEO 187984 90671 29617 308272 Doug Bear Line Superintendent 124894 62896 23218 211008 Joseph Wernsman Journeyman Lineman 123843 17500 20919 162262 Tracy Camden CFO 129060 25561 23244 177865 Gabe Williams Journeyman Lineman 121050 9546 20919 151515 Members or stockholder classes and rights Part VI line 6 McDonough Power is wholly owned by the members of the Cooperative. Member election for additional members Part VI line 7a The members elect the Board of Directors. Governing body decisions Part VI line 7b Members of the Cooperative must ratify changes to the bylaws. Form 990 governing body review Part VI line 11 The Finance & Accounting Manager review the 990 draft for accuracy and will address any questions to preparer prior to submitting to the Board for review and approval. Conflict of interest policy compliance Part VI line 12c Any conflicts of interest are reported to the Board of Directors in a regular monthly Board Meeting. The Board of Directors discusses the issue and determines the appropriate course of action with the benefit of legal counsel. CEO executive director top management comp Part VI line 15a Reviewed and set by the Board of Directors, with the assistance of a survey provided by our statewide organization. Other officer or key employee compensation Part VI line 15b Reviewed and set by the CEO using several compensation surveys. Governing documents etc available to public Part VI line 19 Bylaws are offered to all new members; all other documents are available at any time upon request. Explanation of other changes in net assets or fund balances Part XI line 9 Current Year Margins Assigned to Members $ 794,959Other Changes $ 55,172Retirement of Capital Credits $ -338,789Change in OCI $ -2,861 Total $ 508,481 Part IX response or note to any line in Part IX Form 990, Part IX, Line 4The instructions to the 2024 Form 990 indicate that organizations exempt under Section 501(c)(12) should report patronage dividends paid to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words patronage dividiends paid in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year ended December 31, 2024.