2023-09-29T10:14:59-04:00 2022-12-31 743040374 KELSO LYNCH PC PA 6700 SQUIBB RD STE 215 MISSION KS 662023252 990 2022-01-01 480198945 DONIPHAN ELECTRIC COOPERATIVE ASSOC DONI 7859853523 530 W JONES TROY KS 66087 MICHAEL VOLKER GENERAL MANAGER 7859853523 2023-09-28 true MICHAEL VOLKER 999009999 false THOMAS F HANCOCK CPA P00501575 9138311150 2023-09-29 2022 2023-04-26 12:10:37Z MICHAEL VOLKER 3539156 false X WWW.DONREC.ORG X 1937 KS TO PROVIDE RELIABLE ENERGY AND RELATED SERVICES TO OUR MEMBERS AT THE LOWEST COST. 7 7 8 0 0 3077841 3523344 15306 15002 6767 810 3099914 3539156 0 336191 523767 79747 169958 0 0 2683976 2845431 3099914 3539156 0 7620895 8111810 1032046 1426906 6588849 6684904 TO PROVIDE RELIABLE ENERGY AND RELATED SERVICES TO OUR MEMBERS AT THE LOWEST COST. false false DISTRIBUTION AND SALE OF ELECTRICITY false false false false false false false false false true false true false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 14 0 true 8 true false false false false false 3538813 111734 false false false X 7 7 false true false false true true true true true false false true true true true true true true true false X SUSIE WILLIAMS 7859853523 530 W JONES TROY KS 66087 RICHARD LEMKE PRESIDENT 3.00 X X 2331 0 0 GRANT FOLEY TREASURER 2.00 X 2706 0 0 NORMAN SIGRIST SECRETARY 2.00 X 2256 0 0 JAKE BENITZ TRUSTEE 2.00 X 1056 0 0 TIM HEGARTY TRUSTEE 2.00 X 2256 0 0 CHRIS GAITHER TRUSTEE 2.00 X 1356 0 0 DANNY KING TRUSTEE 2.00 X 1056 0 0 LAURA JESCHKE OFFICE MANAG 30.00 X 49947 0 23727 MICHAEL VOLKER GENERAL MANA X 0 0 0 SUSIE WILLIAMS ACCOUNTANT 40.00 X 50449 0 32818 113413 56545 false false false SALE OF ELECTRICITY 221000 3473410 3473410 MISC ELECTRIC REVENUE 221000 38851 38851 CAPITAL CREDITS 221000 11083 11083 3523344 15002 15002 MISC NON OPERATING 900099 810 810 810 3539156 3524154 15002 X 523767 169958 28435 247029 COST OF POWER 1634560 ADMIN & GENERAL 514428 DISTRIBUTION EXPENSE 280771 MEMBER SERVICES 140208 3539156 0 0 0 346647 521753 50000 55000 422779 530050 195657 197708 65538 71684 8768130 2491571 6048073 6276559 475278 481586 16923 -22530 7620895 8111810 237385 240951 726380 1099552 68281 86403 1032046 1426906 X 22920 23650 6565929 6661254 6588849 6684904 7620895 8111810 X 0 96055 X X false false 30070 30070 501168 345110 156058 8236892 2146461 6090431 6276559 OTHER INVESTMENTS 400000 C INVESTMENTS IN ASSOCIATED ORGA 81586 C 481586 DEFERRED CREDITS 48304 OTHER CURRENT LIABILITIES 38099 86403 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 ASSOCIATION. 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 RECOGNIZED 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. FORM 990, PAGE 6, PART VI, LINE 3 IN 2021, THE COOPERATIVE ENTERED INTO AN AGREEMENT WITH BROWN-ATCHISON ELECTRIC COOPERATIVE TO PAY FOR MANAGMENET SERVICES PROVIDED BY MICHAEL VOLKER. THE AGREEMENT WAS RENEWED IN 2022. FORM 990, PAGE 6, PART VI, LINE 6 DONIPHAN ELECTRIC IS A COOPERATIVE AND HAS MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A ANY CHANGE TO THE ORGNAIZATION OR BOARD POSITION IS PUT TO THE VOTE OF THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7B GOVERNANCE DECISIONS, SUCH AS AMENDING BYLAWS, ARE RESERVED TO MEMBERS ONLY. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS EXAMINED BY THE MANAGER AND BOARD OF TRUSTEES PRIOR TO SUBMITTAL. FORM 990, PAGE 6, PART VI, LINE 12C THE MANAGER AND BOARD OF TRUSTEES ARE ALWAYS AWARE OF ANY CHANGES THAT OCCUR AND AND MONTHLY BOARD MEETINGS ARE HELD, AS WELL AS ANY ADDITIONAL MEETINGS, IF NECESSARY. FORM 990, PAGE 6, PART VI, LINE 15A EVERY YEAR THE BOARD OF TRUSTEES MEET WITH THE MANAGER WHO IN TURN TAKES WAGE FIGURES TO THE BOARD FOR USE IN THE PAY SCALE. THE MANAGER AND BOARD DETERMINE THE PER DIEM AND MILAGE RATE AT THE BEGINNING OF EACH YEAR OR AS SET BY THE IRS. FORM 990, PAGE 6, PART VI, LINE 15B THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS OR KEY EMPLOYEES IS UNDERTAKEN AS PART OF THE GENERAL REVIEW OF OTHER COOPERATIVE DATA. FORM 990, PAGE 6, PART VI, LINE 19 ALL DOCUMENTS SUCH AS POLICIES AND FINANCIAL REPORTS OF DONIPHAN ELECTRIC ARE AVAILABLE UPON REQUEST FOR INSPECTION AT THE OFFICE LOCATED IN TROY, KANSAS. 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 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 MARGINS TO ITS MEMBERS EACH YEAR. THEREFORE, THE AMOUNT LISTED IN PART IX, LINE 4 REPRESENTS THE NET MARGINS ASSIGNABLE TO THE MEMBERS FOR THE CALENDAR YEAR ENDED DECEMBER 31, 2022. FORM 990, PART XI, LINE 9 CHANGES IN MEMBERSHIPS 730 CURRENT YEAR MARGINS ASSIGNED TO MEMBERS 523,767 OTHER CHANGES 61,809 RETIREMENT OF CAPITAL CREDITS -490,251 TOTAL 96,055 FORM 990, PART XII FORM 990, PART XII, LINE 2 DONIPHAN ELECTRIC COOPERATIVE ASSOCIATION'S FINANCIAL STATEMENT YEAR END DIFFERS FROM ITS TAX YEAR END. THE COOPERATIVE RECEIVES AUDITED FINANCIAL STATEMENTS ON AN ANNUAL BASIS FOR THE YEAR ENDED MAY 31ST.