2026-04-23T15:31:04-07:00 2025-12-31 921260342 KAREN B SOULEK 29162 389th Ave LAKE ANDES SD 57356 990 2025-01-01 460212103 CHARLES MIX ELECTRIC ASSOCIATION INC CHAR 6054877321 PO BOX 10 LAKE ANDES SD 573560010 RUSSELL A GALL GENERAL MANAGER 6054877321 2026-04-04 true Karen B Soulek P01481366 6054911936 2026-04-23 X 2025 2025-03-06 01:10:19Z RUSSELL A GALL PO Box 10 Lake Andes SD 57356 9686432 false X www.cme.coop X 1945 SD TO SERVE THE BEST INTERESTS OF OUR MEMBERS 7 7 17 0 0 0 1166 0 0 52611 61146 4773773 5087336 4827550 5148482 2570 3895 584295 569933 1691518 1706428 0 0 2787479 2945342 5065862 5225598 -238312 -77116 35969664 36601485 23747532 24384154 12222132 12217331 TO SERVE THE BEST INTERESTS OF OUR MEMBERS false false SALE OF ELECTRICITY TO 1864 MEMBERS PUBLISH AND DISTRIBUTE NEWSLETTER TO MEMBERS false false false false false false false false false true false true false 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 101 0 17 true false false false false false 9184879 68170 false false false X 7 7 false false false false true true false true true false false true true true true false true true true false X RUSSELL GALL GM 6054877321 PO BOX 10 LAKE ANDES SD 57356 RUSSELL GALL GENERAL MANAGER 40.00 X 168657 0 100179 CHAD LOEFFLER SUPERINTENDENT 40.00 X 116974 0 57605 MICHAEL DANGEL MEMBER SERVICES 40.00 X 101822 0 80835 DONALD R KRCIL PRESIDENT 5.83 X X 9775 0 0 TODD LINK DIRECTOR 4.38 X 7575 0 0 RON SAMUELSON SECRETARY 4.17 X X 6700 0 0 DENISE SOUKUP DIRECTOR 2.58 X 6475 0 0 BRICE BULTJE DIRECTOR 2.08 X 6475 0 0 SAM SCHUMAN VICE PRESIDENT 3.85 X X 6100 0 0 TIPHANY DVORAK DIRECTOR 2.79 X 5325 0 0 RICHARD D DVORAK FORMER PRESIDENT 3.00 X X 1700 0 0 437578 0 238619 3 true true false LARSON DIGGING INC 601 LINCOLN AVE NW HURON SD 57350 SPECIAL SERVICES,DIGGING 127807 1 45846 0 45846 375 0 375 375 375 15300 15300 15300 0 0 15300 9195692 4537950 4657742 4632047 25695 429219 425791 0 3428 429219 5148482 5057838 0 90644 3395 0 500 0 569933 0 318961 0 0 0 598591 0 0 0 351408 0 0 0 366850 0 0 0 70618 0 0 0 29776 0 0 0 30654 0 0 0 35617 0 0 0 9512 0 0 0 177801 0 0 0 103400 0 0 0 75954 0 0 0 809618 0 0 0 1107060 0 0 0 46344 0 0 0 REPAIRS & MAINTENANCE 353380 0 0 0 GROSS RECEIPTS TAX 106046 0 0 0 DUES 51210 0 0 0 BAD DEBT ENERGY 1200 0 0 0 7770 0 0 0 5225598 0 0 0 3256 4092 518273 609729 0 0 38635 63911 841306 725244 71579 82713 40643626 12338679 27897231 28304947 5858774 6043653 740610 767196 35969664 36601485 924070 917069 181686 165229 22579378 23226258 62398 75598 23747532 24384154 X 1108250 1180566 11113882 11036765 12222132 12217331 35969664 36601485 X -77116 -322 72637 X false true X true false 0 120567 120567 5564974 562824 5002150 2899847 1421815 1478032 32058238 10354040 21704198 28304947 INVESTMENT IN ASSOC. ORG-PAT CAPITAL 5490842 C INVESTMENT IN CFC CAP TERM CERT & SEC 227182 C INVESTMENT IN ASSOC ORG-OTHER 3935 C OTHER INVESTMENTS 281694 C INVESTMENT IN ECONOMIC DEV PROJECT 40000 C 6043653 CUSTOMER DEPOSITS 75598 75598 9589481 -11626 -11626 9601107 -4452625 -4452625 5148482 9666598 4467926 4467926 5198672 26926 26926 5225598 Pt XI, Line 2d COST OF GOODS SOLD INCLUDED IN GROSS INCOME, MERCHANDISING, CLASSIFIED AS LABOR EXPENSE $ $ (11,626) Pt XI, Line 4b RENT INCOME NETTED WITH OTHER EXPENSES $ 375 Pt XI, Line 4b DEPREC RECAPTURE ON SALE OF SURPLUS ASSETS $ 15,300 Pt XI, Line 4b UPS SALES NETTED WITH OTHER EXPENSES $ 3,428 Pt XI, Line 4b COST OF GOODS SOLD,PURCHASED POWER $(4,471,728) Pt XII, Line 2d COST OF GOOD SOLD,PURCHASED POWER $ 4,471,728 Pt XII, Line 2d RENT INCOME NETTED WITH OTHER EXPENSE $ (375) Pt XII, Line 2d UPS SALES NETTED WITH OTHER EXPENSE $ (3,428) Pt XII, Line 4b DEPREC RECAPTURE ON SALE OF SURPLUS ASSETS $ 15,300 Pt XII, Line 4b COST OF GOODS SOLD INCLUDED IN GROSS INCOME, MERCHANDISING, CLASSIFIED AS LABOR EXPENSE $ 11,626 Other PART X - FIN 48 FOOTNOTE Other THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION HAS MET THE REQUIREMENT THAT MORE THAN 85 PERCENT OF ITS REVENUE BE FROM ITS MEMBERS. THE STATE OF SOUTH DAKOTA DOES NOT HAVE AN INCOME TAX LAW. AT DECEMBER 31, 2025, THE ASSOCIATION BELIEVES NO SIGNIFICANT UNCERTAIN TAX POSITIONS OR LIABILITIES EXIST. X false false false RUSSELL GALL 168657 0 0 0 0 0 54351 0 45828 0 268836 0 0 0 CHAD LOEFFLER 116974 0 0 0 0 0 36234 0 21371 0 174579 0 0 0 MICHAEL DANGEL 101822 0 0 0 0 0 35499 0 45336 0 182657 0 0 0 Other Form 990, Part VII, Section A, Line 3: Richard D. Dvorak served as a director and President from January - April, 2025. Pt VI, Line 6 CHARLES MIX ELECTRIC PROVIDES ELECTRICITY WITHIN A DEFINED TERRITORY. ALL CONSUMERS OF ELECTRICITY ARE MEMBERS OF THE COOPERATIVE. Pt VI, Line 7a THE MEMBERS VOTE ANNUALLY FOR THE REPRESENTATIVES ON THE BOARD OF DIRECTORS Pt VI, Line 11b MANAGEMENT HAS AN INTERNAL CPA PREPARE THE FORM 990. A COPY IS PROVIDED TO THE BOARD OF DIRECTORS AND MANAGEMENT FOR REVIEW AND APPROVAL PRIOR TO FILING. Pt VI, Line 12c THE GENERAL MANAGER AND OFFICE MANAGER MONITOR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ANNUALLY WITH WRITTEN VERIFICATIONS PROVIDED BY EACH DIRECTOR, OFFICER, AND KEY EMPLOYEE. THE GENERAL MANAGER MONITORS COMPLIANCE MONTHLY AS PART OF THE BOARD OF DIRECTORS MEETINGS. Pt VI, Line 15a THE GENERAL MANAGERS SALARY IS DETERMINED BY THE BOARD OF DIRECTORS AND IS DOCUMENTED IN THE MEETING MINUTES. THE BOARD REFERS TO THE SOUTH DAKOTA RURAL ELECTRICS SALARIES AS A GUIDELINE. Pt VI, Line 15b SEE FORM 990, PART VI, LINE 15A COMMENT ABOVE - THE PROCESS IS REVIEWED BY THE BOARD OF DIRECTORS IN SEPTEMBER OF EACH YEAR. Pt VI, Line 19 THE COOPERATIVE HAS ALL DOCUMENTS AVAILABLE AT THE LAKE ANDES HEADQUARTERS OFFICE FOR MEMBERS AND NON-MEMBERS. THE ANNUAL FINANCIAL STATEMENT IS PUBLISHED IN THE COOPERATIVE NEWSLETTER AND MAILED TO ALL MEMBERS OF THE COOPERATIVE. Pt XI LINE 9-OTHER CHANGES IN NET ASSETS EXPLANATION: COST OF GOODS SOLD = $4,537,950; PLUS CHANGE IN OTHER EQUITIES +$72,637; LESS COST OF GOODS SOLD - $4,537,950; EQUALS NET CHANGE IN NET ASSETS $72,637.