2023-10-02T15:47:38-04:00 2022-12-31 743040374 KELSO LYNCH PC PA 6700 SQUIBB RD STE 215 MISSION KS 662023252 990 2022-01-01 370512347 SHELBY ELECTRIC COOPERATIVE SHEL 2177743986 PO BOX 560 SHELBYVILLE IL 62565 JOSH M SHALLENBERGER CEO 2177743986 2023-10-02 true JOSH SHALLENBERGER 999009999 false THOMAS F HANCOCK CPA P00501575 9138311150 2023-10-02 2022 2023-04-26 12:10:37Z JOSH M SHALLENBERGER 38470429 false X WWW.SHELBYELECTRIC.COOP X 1938 IL TO PROVIDE RELIABLE ELECTRIC POWER AND RELATED SERVICES TO OUR MEMBERS AT AN AFFORDABLE COST. 9 9 67 682396 0 35294337 36265354 81256 119270 1175234 2048750 36550827 38433374 23500 10000 3368716 3618664 1267926 1305203 0 0 31890685 33499507 36550827 38433374 0 76941402 82582936 28451627 30685582 48489775 51897354 TO PROVIDE RELIABLE ELECTRIC POWER AND RELATED SERVICES TO OUR MEMBERS AT AN AFFORDABLE COST. false false SHELBY ELECTRIC COOPERATIVE SERVES ALL OR PARTS OF CHRISTIAN, CUMBERLAND, EFINGHAM, FAYETTE, MACON, MONTGOMERY, MOULTRIE, SANGAMON AND SHELBY COUTIES. THE COOPERATIVE SERVES AROUND 10,000 MEMBER-OWNERS WITH OVER 2,200 MILES OF ENERGIZED LINE. false 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 false true false false false false false false false false false false true true true true false true 55 0 true 67 true true true false false false false 36587326 2422368 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 true false X JOSH SHALLENBERGER 2177743986 PO BOX 560 SHELBYVILLE IL 62565 JOSH M SHALLENBERGER CEO 45.00 X 249231 0 151852 BRIAN R CHEVALIER OPERATIONS 45.00 X 123275 0 77328 ROGER W JONES OPERATIONS 45.00 X 122061 0 72691 JAMES A MATLOCK COO 45.00 X 138708 0 24378 TERRY L OLDHAM OPERATIONS 45.00 X 129286 0 23879 TROY L HATFIELD CONTROLLER 45.00 X 97059 0 49355 ROBERT HOLTHAUS DIRECTOR 2.00 X 12800 0 0 BRENT LIVELY DIRECTOR 2.00 X 5400 0 0 SCOTT OHMES DIRECTOR 2.00 X 4800 0 0 BRIAN HALBROOK DIRECTOR 1.00 X 4500 0 0 GREG MACKLING DIRECTOR 1.00 X 4500 0 0 DAVID KEOWN DIRECTOR 2.00 X 4200 0 0 LARRY DURBIN DIRECTOR 1.00 X 3000 0 0 JOHN GARDNER DIRECTOR 2.00 X 2700 0 0 ROB BULLOCK DIRECTOR 1.00 X 2400 0 0 KATIE OHMES DIRECTOR 1.00 X 1800 0 0 905720 399483 5 false true false NISC PO BOX 1177 MANDAN ND 58554 SOFTWARE/SUPPOR 258139 JF ELECTRIC INC 100 LAKEFRONT PKWY EDWARDSVILLE IL 62025 CONTRACTOR-FIBE 256948 FINLEY ENGINEERING CO INC PO BOX 959624 ST LOUIS MO 63195 ENGINEERING SVC 242870 FOX & AUSTIN MASONARY & CONCRETE 1143 2200 E SHELBYVILLE IL 62565 CONCRETE 178806 TOTH & ASSOCIATES INC 1550 E REPUBLIC ROAD SPRINGFIELD MO 65804 ENGINEERING SVC 107870 5 ELECTRIC REVENUES 221000 34562452 34562452 CAPITAL CREDITS 221000 1494290 1494290 MISC ELECTRIC REVENUE 221000 208612 208612 36265354 151122 151122 64173 9377 64173 9377 73550 29256 44294 5203 37055 -31852 -31852 -31852 OTHER NON OPERATING 900099 1322060 1322060 990-T REVENUE 900099 655953 655953 K-1 ACTIVITY 900099 -2813 -2813 1975200 38433374 37555562 682396 195416 X 10000 3618664 756683 548520 1149108 2709472 COST OF POWER 21791561 ADMIN & GENERAL 3377535 DISTRIBUTION EXPENSE 3090191 MEMBER SERVICES 1381640 38433374 0 0 0 2079437 8704331 4056528 4156483 4773127 3834431 580292 1821996 6496975 1326637 87187751 46066448 38053965 41121303 20901078 21617755 76941402 82582936 2608384 3948928 297923 3926382 23915066 21351360 1630254 1458912 28451627 30685582 X 3098620 3399654 45391155 48497700 48489775 51897354 76941402 82582936 X 0 3407579 X false true X true true true 305748 305748 4744261 2633254 2111007 82137742 43433194 38704548 41121303 INVESTMENTS IN ASSOCIATED ORGA 19916411 C SUBORDINATE CERTIFICATES 869456 C OTHER INVESTMENTS 793350 C NON-UTILITY PROPERTY 38538 C 21617755 POST RETIREMENT BENEFIT OBLIGATION 1458912 1458912 X SCHEDULE D, PAGE 3, PART X THE COOPERATIVE HAS A LETTER OF EXEMPTION FROM FEDERAL INCOME TAX, ISSUED BY THE INTERNAL REVENUE SERVICE AND FILES IRS FORM 990 ANNUALLY. AN EVALUATION OF WHETHER OR NOT IT HAS 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 RECOGNISES ANY INTEREST AND PENALTIES ASSESSED BY TAXING AUTHORITIES IN INCOME TAX EXPENSE, AND WITH FEW EXCEPTIONS, IS NO LONGER SUBJECT TO FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2019. false SHELBY COUNTY 4-H JUNIOR FAIR BOARD 1361 STATE HWY 128 SHELBYVILLE IL 62565 376029444 501C3 10000 REBUILD RESTROOMS 1 X X X false false false JOSH M SHALLENBERGER CEO 249231 130682 21170 401083 BRIAN R CHEVALIER OPERATIONS 123275 57473 19855 200603 ROGER W JONES OPERATIONS 122061 53020 19671 194752 JAMES A MATLOCK COO 138708 4246 20132 163086 TERRY L OLDHAM OPERATIONS 129286 3880 19999 153165 FORM 990, PAGE 6, PART VI, LINE 6 SHELBY ELECTRIC COOPERATIVE IS A MEMBER-OWNED ELECTRIC DISTRIBUTION COOPERATIVE. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS OF THE COOPERATIVE ELECT THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B MEMBERS OF THE COOPERATIVE MUST APPROVE ALL OF THE FOLLOWING: (A) CHANGES TO ARTICLES OF INCORPORATION AND/OR BYLAWS, (B) CONSOLIDATION, MERGER, OR SALE/LEASE/EXCHANGE OF ALL OR SUBSTANIALLY ALL OF THE COOPERATIVE'S PROPERTY NOT IN THE ORDINARY COURSE OF BUSINESS, (C) DISSOLUTION OF THE COOPERATIVE, AND (D) THE REMOVAL OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY THE CONTROLLER, CEO AND CORPORATE COUNSEL FIRST. IT IS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PAGE 6, PART VI, LINE 12C THE CHIEF EXECUTIVE OFFICER MONITORS TRANSACTIONS WITH THE COOPERATIVE FOR POTENTIAL CONFLICTS OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE PROCESS OF DETERMINING COMPENSATION OF THE ORGANIZATION'S CEO IS DONE THROUGH ANNUAL APPRAISALS WITH THE SALARY SET ACCORDING TO THE COMPENSATION SURVEY DATA. FORM 990, PAGE 6, PART VI, LINE 15B THE PROCESS OF DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS IS DONE THROUGH A REVIEW OF NATIONAL AND REGIONAL SALARY SURVEYS, AS WELL AS INTERNAL POSITION REVIEWS. FORM 990, PAGE 6, PART VI, LINE 19 BYLAWS ARE OFFERED TO ALL NEW MEMBERS; ALL OTHER DOCUMENTS ARE AVAILABLE AT ANY TIME UPON REQUEST. FORM 990, PART X FORM 990, PART IX, LINE 4 - THE INSTRUCTIONS OF THE 2022 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 DIVIDENDS PAID" IN THE INSTRUCTIONS TO MEAN MARGINS THAT ARE ASSIGNED OR ASSIGNABLE TO THE MEMBERS. THE COOPERATIVE ASSIGNS THE NET OPERATING MARGINS TO ITS MEMBERS EACH YEAR. THEREFORE, THE AMOUNT LISTED IN PART IX, LINE 4 REPRESENTS THE NET OPERATING MARGINS ASSIGNABLE TO THE MEMBERS FOR THE CALENDAR YEAR ENDED DECEMBER 31, 2022. FORM 990, PART XI, LINE 9 BENEFITS PAID TO MEMBERS 3,618,664 OTHER CHANGES 110,501 CHANGE IN OCI 102,009 RETIREMENTS OF CAPITAL CREDITS TO MEMBERS -423,595 TOTAL 3,407,579 SHELBY FIBER LLC 1355 STATE HIGHWAY 128 SHELBYVILLE IL 62565 851608174 FIBER IL 664 3044804 SHELBY ELE SHELBY ENERGY COMPANY 1355 STATE HIGHWAY 128 SHELBYVILLE IL 62565 371325368 PROPANE SA IL SHELBY ELECTRIC COOP C CORP 247346 2270176 1.00000 true KASCOM INC 1355 STATE HIGHWAY 128 SHELBYVILLE IL 62565 371264762 SALES IL SHELBY ELECTRIC COOP C CORP -75 1.00000 true true false false false false false false false false true false false false false false false true false false SHELBY ENERGY COMPANY A 29256 COST SHELBY ENERGY COMPANY J 655953 COST SHELBY ENERGY COMPANY Q 655953 COST