2023-11-13T13:59:09-05:00 2022-12-31 481290482 LARSON PA PO BOX 1029 AFTON WY 83110 990 2022-01-01 470348438 MIDWEST ELECTRIC COOPERATIVE CORPORATION MIDW 104 WASHINGTON AVE GRANT NE 69140 JAYSON BISHOP GENERAL MANAGER 3083524356 2023-11-13 true JAYSON BISHOP DAVID LARSON P00283073 3078854272 2023-11-13 0 00 AAL2 IAL1 2022 2023-04-26 12:10:37Z JAYSON BISHOP 35750833 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 36 0 0 0 30163208 35455238 627217 229740 15585 9813 30806010 35694791 0 2704712 2669783 4148863 4499850 0 0 24940567 29869465 31794142 37039098 -988132 -1344307 80947030 83342155 38131253 40744558 42815777 42597597 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 14 0 true 36 true false false false false false 35455238 295595 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 167207 0 86629 KARL LAKE ENGINEERING MANAGER 40.00 0.00 X 107897 0 63440 KRAIG WYKERT OPERATIONS MANAGER 40.00 0.00 X 105142 0 61557 TIM JOHNSON APPARATUS TECHNICIAN 40.00 0.00 X 105682 0 58249 KYLE R DEEDS CONSTRUCTION FOREMAN 40.00 0.00 X 105207 0 51228 KELLY MCCLOSKEY STAKING ENGINEER 40.00 0.00 X 102964 0 53285 RILEY D KENNEDY FINANCIAL MANAGER 40.00 0.00 X 99095 0 46596 VANCE MCCOY TREASURER 2.00 0.00 X X 7475 0 0 DENNIS HUTT DIRECTOR 2.00 0.00 X 6500 0 0 MARK MCCONNELL DIRECTOR 2.00 0.00 X 6175 0 0 GAVIN MCCLINTOCK SECRETARY 2.00 0.00 X X 5850 0 0 CHRIS CORNELIUS DIRECTOR 2.00 0.00 X 5200 0 0 NICK HANSON VICE PRESIDENT 2.00 0.00 X X 4550 0 0 DALE SCHROEDER DIRECTOR 2.00 0.00 X 4225 0 0 SHAWN TURNER PRESIDENT 2.00 0.00 X X 4225 0 0 BRAD HARMS DIRECTOR 2.00 0.00 X 3900 0 0 841294 0 420984 6 false true false GREAT PLAINS POWER LLC 3716 OLD HIGHWAY 30 W GRAND ISLAND NE 68803 CONSTRUCTION 241492 ESC ENGINEERING PO BOX 5618 CAROL STREAM IL 601975618 ENGINEERING 117750 2 ELECTRIC ENERGY SALES 221000 34948818 34948818 OTHER OPERATING REVENUE 221000 506420 506420 35455238 106049 50384 55665 155975 32284 123691 123691 123691 29246 23758 5488 5488 OTHER NON-OPERATING INC 900099 4325 4325 4325 35694791 35639126 0 55665 2669783 447626 2392199 717202 738880 203943 14645 13500 13794 39974 12458 1300602 2679139 17518 PURCHASED POWER 25527783 25527783 ADMIN & GENERAL 1463582 1463582 DISTRIBUTION - MAINTENANCE 1806833 1806833 DISTRIBUTION - OPERATIONS 1011022 1011022 -4031385 37039098 0 0 0 X 1824584 1274210 945143 1314381 1930764 3176284 994863 614362 92951852 35549860 55379392 57401992 19872284 19560926 80947030 83342155 1769207 2163615 36001021 37838960 361025 741983 38131253 40744558 X 26750553 25217077 16065224 17380520 42815777 42597597 80947030 83342155 X -1344307 1126127 X false true X true false 247399 247399 1506756 987002 519754 4711706 2701006 2010700 86485991 31861852 54624139 57401992 INVEST IN ASSOCIATED ORGANIZATIONS 19524990 C NOTES RECEIVABLE 35936 C 19560926 DEFERRED CREDITS 741983 741983 X 35694791 35694791 35694791 34369315 34369315 2669783 2669783 37039098 Other expenses included on Form 990 (Part XII, line 4b) RETIREMENT OF PATRONAGE CAPITAL CREDITS OF $2,669,783. 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 JAYSON BISHOP GENERAL MANAGER 167207 61314 25315 253836 KYLE R DEEDS CONSTRUCTION FOREMAN 105207 33881 17347 156435 KARL LAKE ENGINEERING MANAGER 107897 39045 24395 171337 TIM JOHNSON APPARATUS TECHNICIAN 105682 34700 23549 163931 KELLY MCCLOSKEY STAKING ENGINEER 102964 32912 20373 156249 KRAIG WYKERT OPERATIONS MANAGER 105142 38104 23453 166699 SHAWN TURNER DIRECTOR 25527733 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 IN EQUITY OF $1,126,127.