2023-08-28T15:38:27-04:00 2022-12-31 743040374 KELSO LYNCH PC PA 6700 SQUIBB RD STE 215 MISSION KS 662023252 990 2022-01-01 370425335 MONROE COUNTY ELECTRIC COOPERATIVE INC MONR 6189397171 PO BOX 128 WATERLOO IL 62298 ALAN WATTLES PRESIDENT & CEO 6189397171 2023-08-23 true ALAN WATTLES 999009999 false THOMAS F HANCOCK CPA P00501575 9138311150 2023-08-28 2022 2023-04-26 12:10:37Z ALAN WATTLES 18269028 false X WWW.MCEC.ORG X 1938 IL AS A MEMBER OWNED ORGANIZATION, MONROE COUNTY ELECTRIC COOPERATIVE'S MISSION IS TO PROVIDE AND MAINTAIN QUALITY ELECTRIC AND RELATED SERVICES FOR THE BENEFIT AND WELL-BEING OF ITS MEMBERS. 9 9 29 -257 660898 0 17258617 18091466 19437 113255 38826 64307 17977778 18269028 15000 15000 1768386 1160322 1522250 1494426 0 0 14672142 15599280 17977778 18269028 0 48641421 51924602 31386315 33745989 17255106 18178613 AS A MEMBER OWNED ORGANIZATION, MONROE COUNTY ELECTRIC COOPERATIVE'S MISSION IS TO PROVIDE AND MAINTAIN QUALITY ELECTRIC AND RELATED SERVICES FOR THE BENEFIT AND WELL-BEING OF ITS MEMBERS. false false MONROE COUNTY ELECTRIC COOPERATIVE, INC. IS A MEMBER-OWNED ELECTRIC COOPERATIVE. USING APPROXIMAATELY 1,200 MILES OF DISTRIBUTION AND TRANSMISSION ELECTRIC LINE, MONROE COUNTY ELECTRIC COOPERATIVE, INC. SERVES MORE THAN 7,500 LOCAL FARMS, HOMES AND BUSINESSES LOCATED IN ILLINOIS WITH DEPENDABLE ELECTRIC POWER. 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 true true false false false false false false false false false false false true true false false true 54 0 true 29 true false false false false false 17761927 852684 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 PATTON 6189397171 PO BOX 128 WATERLOO IL 62298 ALAN WATTLES PRESIDENT & 45.00 X 205945 0 156049 CHRISTOPHER SCOTT OPERATIONS S 41.00 X 146052 0 71705 RONALD RUSTEBERG FOREMAN 43.00 X 119280 0 76361 ROBERT GROSS FOREMAN 42.00 X 118400 0 56500 CHRIS DETERDING FOREMAN 42.00 X 113336 0 57551 KEITH JONES DIR ENGINEER 40.00 X 114612 0 49811 TRACY PATTON CFO 40.00 X 100458 0 51438 GEORGE OBERNAGEL DIRECTOR 3.92 X 8582 0 0 AMY HOFFMAN-ROHLFING DIRECTOR 4.05 X 8532 0 0 LARRY KRAFT DIRECTOR 5.87 X 7632 0 0 RICHARD NEFF DIRECTOR 4.29 X 6982 0 0 QUENT STENZEL DIRECTOR 2.74 X 5722 0 0 GARY GREGSON DIRECTOR 1.96 X 5482 0 0 JEFF HOFFMANN DIRECTOR 1.25 X 5482 0 0 RICH HOLLIS DIRECTOR 1.01 X 4582 0 0 JOEL HARRES DIRECTOR 0.78 X 3932 0 0 975011 519415 13 false true false NATIONAL INFORMATION SOLUTIONS COOP 1 INNOVATION CIRCLE LAKE ST LOUIS MO 63367 COMPUTER SUPPOR 159810 1 SALE OF ELECTRICITY 221000 17437231 17437231 CAPTIAL CREDITS 221000 529903 529903 MISC ELECTRIC REVENUE 221000 124332 124332 18091466 60608 60608 59286 59286 59286 59286 52647 52647 52647 52647 MISC NON ELECTRIC 900099 5278 5278 SOUTHERN SERVICES K-1 221000 -257 -257 5021 18269028 18149391 -257 119894 X 7500 7500 1160322 570818 923608 1125118 1766717 COST OF POWER 9917493 DISTRIBUTION EXPENSE 1336763 ADMIN & GENERAL 1177316 MEMBER SERVICES 275873 18269028 0 0 0 120947 615029 1300000 1342779 1662483 479710 784980 265396 516635 62373909 22262104 39939551 40111805 6473850 6888868 19188 44802 48641421 51924602 1543983 1874912 130567 418215 29268502 31081019 443263 371843 31386315 33745989 X 788011 889165 16467095 17289448 17255106 18178613 48641421 51924602 X 0 923507 X false true X true 1686516 1686516 4296012 1948539 2347473 56391381 20313565 36077816 40111805 ASSOCIATED ORGANIZATIONS 6452326 C SUBORDINATED CERTIFICATES 326402 C OTHER INVESTMENTS 110140 C 6888868 POST RETIREMENT BENEFITS 371843 371843 X SCHEDULE D, PAGE 3, PART X AN EVALUATION OF WHETHER OR NOT IT HAS ANY UNCERTAIN TAX POSITIONS IS DETERMINED ON AN ANNUAL BASIS THE ASSOCIATION. WHILE THE ASSOCIATION BELIEVES IS HAS ADEQUATELY PROVIDED FOR ALL TAX POSITIONS, AMOUNTS ASSERTED BY TAXING AUTHORITIES COULD BE DIFFERENT THAN THE POSITIONS TAKEN BY THE ASSOCIATION. THE ASSOCIATION RECOGNIZES 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 TAXING AUTHORITIES FOR YEARS BEFORE 2019. true 15 GRANTS TO VARIOUS SCHOOLS - 500 7500 SCHOLARSHIPS 15 7500 SCHEDULE I, PAGE 1, PART I, LINE 2 ALL RECIPIENTS ARE REQUIRED TO SEND US PICTURES OF HOW THEY USED THEIR FUNDS. IF THEY DO NOT, THEY ARE NOT ELIGIBLE FOR FUTURE GRANTS. X X false false false ALAN WATTLES PRESIDENT & CEO 205945 132130 23919 361994 CHRISTOPHER SCOTT OPERATIONS SUPER 146052 49447 22258 217757 RONALD RUSTEBERG FOREMAN 119280 63649 12712 195641 ROBERT GROSS FOREMAN 118400 35060 21440 174900 CHRIS DETERDING FOREMAN 113336 36111 21440 170887 KEITH JONES DIR ENGINEERING/IT 114612 28244 21567 164423 TRACY PATTON CFO 100458 30391 21047 151896 FORM 990, PAGE 6, PART VI, LINE 6 MONROE ELECTRIC COOPERATIVE IS A MEMBER OWNED COOPERATIVE. FORM 990, PAGE 6, PART VI, LINE 7A MONROE COUNTY ELECTRIC COOPERATIVE, INC. MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B BYLAW CHANGES ARE TO BE VOTED ON BY THE MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 11B THE PRESIDENT/CEO AND THE DIRECTOR OF ACCOUNTING & FINANCE REVIEW THE FORM 990 FOR REASONABLENESS AND CONSISTENCY WITH PRIOR YEARS FORM 990'S AND IT IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C REVIEWED ANNUALLY AT THE MONTHLY BOARD MEETING IN ADDITION TO THE BOD SIGNING A CONFLICT OF INTEREST FORM. FORM 990, PAGE 6, PART VI, LINE 15A ANNUAL REVIEW AND SALARY COMPARISONS ARE BASED UPON THE NRECA WAGE & SALARY SURVEY WITH ALL SALARY AMOUNTS BEING APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B ANNUAL REVIEW AND SALARY COMPARISONS ARE BASED UPON THE NRECA WAGE & SALARY SURVEY WITH ALL SALARY AMOUNTS BEING APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 BYLAWS ARE OFFERED TO ALL NEW MEMBERS AND ARE POSTED ON OUR WEBSITE. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART X FORM 990, PART IX, LINE 4 THE INSTRUCTIONS TO THE 2022 FORM 990 INDICATE THAT ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(12) SHOULD REPORT "PATRONAGE DIVIDENDS PAID" TO THIER 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 MARGINS TO ITS MEMBERS EACH YEAR. THEREFORE, THE AMOUNT LISTED IN PART IX, LINE 4 OF THE FORM 990 REPRESENTS THE NET MARGINS ASSIGNABLE TO THE MEMBERS FOR THE CALENDAR YEAR ENDED DECEMBER 31, 2022. FORM 990, PART XI, LINE 9 ASSIGNMENT OF NET MARGINS TO MEMBERS 1,160,322 OTHER CHANGES 58,312 CHANGE IN AOCI 42,842 RETIREMENT OF CAPITAL CREDITS -337,969 TOTAL 923,507 MONROE COUNTY ENVIRONMENTAL MGMT P O BOX 128 WATERLOO IL 62298 203960021 SEWER TREA IL NA C CORP 264079 1.00000 true false false false false false false false false false false false false false false false false false false false