2025-06-12T14:38:56-04:00 2024-12-31 861110156 John W Gillum CPA LLC PO Box 1068 Kirksville MO 63501 990 2024-01-01 430416260 MISSOURI RURAL ELECTRIC COOPERATIVE % KAYLA KLAUSER MISS 5737692104 PO BOX 111 Palmyra MO 634610111 KAYLA KLAUSER MANAGER OF FINANCE 5737692104 2025-06-12 true true JOHN W GILLUM P00284728 6606271259 2025-06-12 2024 2025-03-06 01:10:19Z SHONDELL HAERR PO BOX 111 Palmyra MO 634610111 22032182 false X WWW.MOREC.ORG X 1936 MO THE PRIMARY EXEMPT PURPOSE OF THE COOPERATIVE IS TO PROVIDE ELECTRIC SERVICE TO ITS APPROXIMATELY 4,400 MEMBERS REPRESENTING 5,651 METERS IN FIVE COUNTIES IN NORTHEAST MISSOURI. 9 9 26 0 0 0 19644782 20736166 53426 35190 1233691 1260826 20931899 22032182 0 885707 837252 0 0 0 19718821 20664217 20604528 21501469 327371 530713 41278014 42373162 20489714 21018680 20788300 21354482 THE PRIMARY EXEMPT PURPOSE OF THE COOPERATIVE IS TO PROVIDE ELECTRIC SERVICE TO ITS APPROXIMATELY 4,400 MEMBERS REPRESENTING 5,651 METERS IN FIVE COUNTIES IN NORTHEAST MISSOURI. false false 21501469 THE COOPERATIVE PROVIDES ELECTRICITY TO ITS APPROXIMATELY 4,400 MEMBER-OWNERS THROUGH ITS DISTRIBUTION SYSTEM. 21501469 false false false false false false false false false true false false true true false 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 16 0 26 true false false false false false 20736166 1296016 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 X KAYLA KLAUSER 5737692104 PO BOX 111 Palmyra MO 634610111 MATTHEW HUDSON GENERAL MANAGER 44.86 0.00 X 181548 0 66171 BENJAMIN MARTIN OPERATIONS MANAGER 43.01 0.00 X 106428 0 76579 ANDREW BARNETT FOREMAN LINEMAN 43.44 0.00 X 108686 0 54072 KYLE SCHNEIDER FOREMAN LINEMAN 44.39 0.00 X 111093 0 42815 ANDY AUGSPURG LEAD LINEMAN 43.93 0.00 X 108721 0 43669 TANNER GORDON JOURNEYMAN LINEMAN 45.01 0.00 X 107369 0 36170 KAYLA KLAUSER MANAGER OF FINANCE AND ACCOUNTING 40.77 0.00 X 98110 0 39149 ROSS FRANKENBACH SECRETARY 10.92 0.00 X 13650 0 0 ROBERT HALL DIRECTOR 4.37 0.00 X 10150 0 0 GREG R STRAUS DIRECTOR 3.09 0.00 X 9800 0 0 JOSEPH SWISHER VICE PRESIDENT 4.77 0.00 X 9800 0 0 COLE SUTTER DIRECTOR 1.87 0.00 X 7350 0 0 OLLIE L PENNEWELL DIRECTOR 2.58 0.00 X 6650 0 0 SHONDELL HAERR PRESIDENT 1.83 0.00 X 6650 0 0 DICK DISSELHORST TREASURER 2.98 0.00 X 5600 0 0 TRENT GOTTMAN DIRECTOR 1.02 0.00 X 4550 0 0 BRENDA ALTHOFF DIRECTOR 0.93 0.00 X 2800 0 0 898955 0 358625 6 false true false WA KENDALL AND COMPANY LLC 2736 MEADOW CHURCH RD SUITE 200 Duluth GA 30097 CONTRACT LABOR 763148 1 ELECTRIC SALES 221000 20636725 20636725 OTHER ELECTRIC REVENUE 221000 99441 99441 20736166 35190 35190 0 OTHER REVENUE 221000 18411 18411 PATRONAGE CAPITAL CREDI 221000 1242415 1242415 1260826 22032182 22032182 0 0 837252 837252 857426 857426 1117268 1117268 COST OF POWER 13866446 13866446 DISTRIBUTION EXPENSE 2749435 2749435 CUSTOMER ACCOUNTS EXPENSE 546179 546179 GENERAL AND ADMIN EXPENSE 1527463 1527463 21501469 21501469 0 0 950325 33904 1750317 1784878 783127 811057 63172 13665 39470758 12537478 25651450 26933280 12079623 12796378 41278014 42373162 1739824 1603644 18234908 18844198 514982 570838 20489714 21018680 X 100030 100975 20688270 21253507 20788300 21354482 41278014 42373162 X 530713 35469 X false true X false false 39470758 12537478 26933280 26933280 INVESTMENTS 12773788 DEFERRED CHARGES 22590 12796378 POST RETIREMENT BENEFIT OBLIGATION 268659 CUSTOMER DEPOSITS 196550 DEFERRED CREDITS 105629 570838 22032182 22032182 22032182 21501469 21501469 21501469 X MATTHEW HUDSON GENERAL MANAGER 181548 66171 247719 ANDY AUGSPURG LEAD LINEMAN 108721 43669 152390 ANDREW BARNETT FOREMAN LINEMAN 108686 54072 162758 BENJAMIN MARTIN OPERATIONS MANAGER 106428 76579 183007 KYLE SCHNEIDER FOREMAN LINEMAN 111093 42815 153908 Members or stockholder classes and rights Part VI line 6 MISSOURI RURAL ELECTRIC COOPERATIVE IS AN ELECTRIC DISTRIBUTION COOPERATIVE CONSISTING OF APPROXIMATELY 4400 MEMBERS. EACH CUSTOMER OF THE COOPERATIVE RECEIVING ELECTRICAL SERVICE IS A MEMBER Member election for additional members Part VI line 7a THE COOPERATIVE SERVICE AREA IS DIVIDED INTO DISTRICTS. THE MEMBERS ARE ALLOWED TO VOTE FOR DIRECTORS TO REPRESENT EACH DISTRICT. Governing body decisions Part VI line 7b COOPERATIVE MEMBERS ARE ALLOWED TO VOTE ON PROPOSED BYLAW CHANGES DURING THE ANNUAL MEMBERSHIP MEETING. Form 990 governing body review Part VI line 11 A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE BOARD FOR REVIEW PRIOR TO FILING. Conflict of interest policy compliance Part VI line 12c A CONFLICT OF INTEREST POLICY HAS BEEN ENACTED BY THE COOPERATIVE TO OUTLINE THE CONDUCT OF DIRECTORS AND EMPLOYEES IN REGARDS TO CONFLICTS OF INTEREST. A WRITTEN CERTIFICATION IS REQUIRED ANNUALLY WHICH IS REVIEWED BY THE BOARD AND MANAGEMENT FOR COMPLIANCE. CEO executive director top management comp Part VI line 15a SALARIES ARE REVIEWED BY THE BOARD AND MANAGEMENT USING COMPARABLE DATA FROM OTHERS IN THE INDUSTRY AND CONSIDERING THE COOPERATIVE ECONOMIC SITUATION AND OTHER PERTINENT INFORMATION IN ORDER TO DETERMINE COMPENSATION. Other officer or key employee compensation Part VI line 15b SALARIES ARE REVIEWED BY THE BOARD AND MANAGEMENT USING COMPARABLE DATA FROM OTHERS IN THE INDUSTRY AND CONSIDERING THE COOPERATIVE ECONOMIC SITUATION AND OTHER PERTINENT INFORMATION IN ORDER TO DETERMINE COMPENSATION. Governing documents etc available to public Part VI line 19 ALL NEW MEMBERS ARE PROVIDED WITH A PRINTED COPY OF THE BYLAWS. THE COOPERATIVE PROVIDES MEMBERS WITH FINANCIAL STATEMENTS AT THE ANNUAL MEETING OF MEMBERS. POLICIES AND OTHER FINANCIAL INFORMATION IS AVAILABLE UPON REQUEST. Other or change in accounting method Part XII line 1 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Explanation of other changes in net assets or fund balances Part XI line 9 UNRECOGNIZED POST RETIREMENT BENEFIT COST -27,207RETIRED CAPITAL CREDITS GAIN 10,506UNCLAIMED CAPITAL CREDITS 51,225NET MEMBERSHIPS RECEIVED 945TOTAL TO FORM 990, PART XI, LINE 9 35,469