2023-11-10T15:26:37-06:00 2022-12-31 750882037 BOLINGER SEGARS GILBERT AND MOSS LLP 8215 NASHVILLE AVENUE LUBBOCK TX 79423 990 2022-01-01 430631824 MISSOURI ELECTRIC COOPERATIVES ASSOCIATION OF MO ELECTRIC COOPERATIVES MISS 5736356857 2722 E MCCARTY ST JEFFERSON CITY MO 65101 CALEB M JONES EXECUTIVE VP & CEO 5736356857 2023-11-10 1 CALEB JONES 999009999 0 ERIN DIPPREY P01419700 8067473806 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CALEB M JONES 2722 E MCCARTY ST JEFFERSON CITY MO 65101 13067649 0 X WWW.AMEC.ORG X 1937 MO TO COORDINATE THE SERVICES PROVIDED BY OUR 47 MEMBER SYSTEMS TO ENSURE THE CONTINUED DELIVERY OF AFFORDABLE AND RELIABLE ELECTRICITY. 47 47 37 0 1362648 0 767996 0 11306184 12664682 123512 88550 256925 281815 12454617 13035047 0 0 0 0 5272754 5427227 0 0 0 6083043 7792037 11355797 13219264 1098820 -184217 6702442 6830294 1845120 1855311 4857322 4974983 X TO COORDINATE THE SERVICES PROVIDED BY OUR 47 MEMBER SYSTEMS TO ENSURE THE CONTINUED DELIVERY OF AFFORDABLE AND RELIABLE ELECTRICITY. 0 0 IN SUPPORT OF THE MISSION OF THE ASSOCIATION OF MISSOURI ELECTRIC COOPERATIVES, THE RURAL MISSOURI MAGAZINE SERVES AS THE CHIEF MEANS OF COMMUNICATION FOR THE ASSOCIATION'S MEMBER SYSTEMS. IN 2022, RURAL MISSOURI STAFF PRINTED AND MAILED 6.97 MILLION COPIES OF THE PUBLICATION AT A COST THAT IS BELOW THE PRICE OF A POSTAGE STAMP. STAFF PRODUCED 660 PAGES OF MATERIAL TO INFORM MEMBERS ABOUT ISSUES RELATED TO THE ELECTRIC COOPERATIVE PROGRAM. IN ADDITION, WE PRODUCED AN AVERAGE OF 110 LOCAL PAGES PER MONTH THAT INFORMED MEMBERS ABOUT SERVICES AND EVENTS RELATED TO THEIR LOCAL SYSTEM. THE PUBLICATION ALSO SERVED AS THE OFFICIAL NOTICE OF ANNUAL MEETING FOR MEMBER SYSTEMS, SAVING MEMBER SYSTEMS AN AVERAGE OF $12,000. THE RISK MANAGEMENT AND TRAINING DEPARTMENT PROVIDES STORM AND DISASTER ASSISTANCE, COORDINATION OF MUTUAL AID, ONSITE SAFETY MEETINGS, TRAINING SCHOOLS, CONFERENCES, TESTING SERVICES, MECIP AUDITS/INSPECTIONS, AECI RISK ASSESSMENTS, AND RESAP AUDITS FOR 46 ELECTRIC COOPERATIVES IN MISSOURI. DURING 2022, 276 SAFETY MEETINGS WERE PRESENTED AND 31 TRAINING SCHOOLS AND CONFERENCES. THE TOTAL NUMBER OF COOPERATIVE EMPLOYEES THAT ATTENDED TRAINING SCHOOLS AND CONFERENCES WAS 965. FORTY MECIP AUDITS/INSPECTIONS WERE COMPLETED, 10 AECI RISK ASSESSMENTS AND 21 RESAP AUDITS WERE COMPLETED. THE TESTING PROGRAM TESTED 889 TRUCKS, 4,900 GROUNDS, 5,991 LIVE LINE TOOLS AND 10,940 PIECES OF COVER-UP. ALL BILLING TO COOPERATIVES WAS THROUGH AMEC. COOPERATIVE ADVERTISING - THIS PROGRAM SERVES AS THE ADVERTISING PROGRAM FOR ALL OF MISSOURI'S ELECTRIC COOPERATIVES. MEDIA PURCHASES ARE MADE FOR COOPERATIVES BOTH INDIVIDUALLY AND COLLECTIVELY. THE GOAL IS TO RECEIVE A BETTER RATE FOR OUR SYSTEMS WITH GROUP PURCHASES AND HAVE STATEWIDE COVERAGE. THE ADS ARE A COMBINATION OF "ELECTRICAL SAFETY," "BRAND MARKETING AND "YOUTH INITIATIVE." ADS WERE ALSO RUN IN PRINT FORM. THESE WERE MAINLY IN RURAL MISSOURI MAGAZINE, TODAY'S FARMER AND OTHER AGRICULTURE INDUSTRY PUBLICATIONS. THE FOCUS OF THESE PRINT ADS WAS PROMOTING SAFETY AROUND ELECTRIC LINES.SYSTEMS SERVED: 40 DISTRIBUTION COOPERATIVES, 6 GENERATION AND TRANSMISSION COOPERATIVES.BROADCAST AREA: RADIO - ENTIRE STATE OF MISSOURI, PLUS ADDITIONAL BROADCASTS DURING THE STATE FAIR. PRINT AREA IS THE ENTIRE STATE OF MISSOURI CIRCULATION. SOCIAL MEDIA IS PRESENT ON FACEBOOK, TWITTER, INSTAGRAM, AND SOME WEB PAGES.NUMBER OF STATIONS/BROADCASTS/PRINTS/SOCIAL MEDIA: APPROXIMATELY 50 STATIONS, APPROXIMATELY 9,000 RADIO ADS, 12 PRINT ADS PER YEAR IN RURAL MISSOURI, AND 30 TIMES IN TODAY'S FARMER, AND OTHER AG MAGAZINES. ALSO PLACEMENT OF BANNERS ON INTERNET AND STREAMING TV SERVICES AND POSTS ON FACEBOOK. ADS WERE ALSO PLACED ON PANDORA AND SPOTIFY STREAMING RADIO.SHORT TERM GOALS: PROVIDE PUBLIC INFORMATION AS IT RELATES TO SAFETY AND CURRENT ISSUES OF ELECTRIC COOPERATIVES. EXAMPLES: RATE ISSUES, STORMS, ENERGY EFFICIENCY, ETC.LONG TERM GOALS: BUILDING A BASE FOR CONTINUALLY UPDATING OUR MEMBER OWNERS ON CURRENT EVENTS AND A CONSISTENT, ONGOING MESSAGE OF BEING SAFE AROUND ELECTRICITY. WE ALSO TRY TO PROVIDE THESE MESSAGES IN THE MOST ECONOMICAL AND BROAD MEANS POSSIBLE. THIS IS THE IDEA OF GROUP PURCHASE OF ADS ON BEHALF OF THE ENTIRE COOPERATIVE SYSTEM. 0 0 1 1 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 55 0 37 1 1 1 0 0 0 0 0 0 0 0 0 X 47 47 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X KATE BOATRIGHT 5736356857 2722 E MCCARTY ST JEFFERSON CITY MO 65101 X DARRELL ATCHISON PRESIDENT 2.00 X X 3330 0 0 LOREN HAINES VICE PRESIDENT 2.00 X X 0 0 0 KIMBERLY PONDER SECRETARY/TREASURER 2.00 X X 3236 0 0 CARMEN HARTWELL DIRECTOR 2.00 X 0 0 0 AARON BRADSHAW DIRECTOR 2.00 X 0 0 0 AMBER OVERFELT 322 - 1222 DIRECTOR 2.00 X 0 0 0 CARL LOWRANCE DIRECTOR 2.00 X 0 0 0 CHARLES BUNTING DIRECTOR 2.00 X 0 0 0 CHRIS HAMON DIRECTOR 2.00 X 0 0 0 CHRIS TURNER DIRECTOR 2.00 X 0 0 0 CLARK BREDEHOEFT DIRECTOR 2.00 X 4865 0 0 DAN SINGLETARY DIRECTOR 2.00 X 0 0 0 DAN SISCO DIRECTOR 2.00 X 0 0 0 DAVID TUDOR DIRECTOR 2.00 X 0 0 0 DOUG TRACY DIRECTOR 2.00 X 0 0 0 DUANE KLUTE DIRECTOR 2.00 X 0 0 0 JAMES ASHWORTH DIRECTOR 2.00 X 0 0 0 JAMIE VAUGHN DIRECTOR 2.00 X 0 0 0 JARROD CAMPBELL DIRECTOR 2.00 X 0 0 0 JEFF HULL DIRECTOR 2.00 X 0 0 0 JENNIFER MCBROOM DIRECTOR 2.00 X 0 0 0 JOE CASON DIRECTOR 2.00 X 0 0 0 JOSEPH SEBOLT DIRECTOR 2.00 X 937 0 0 JOHN HEMEYER DIRECTOR 2.00 X 1800 0 0 JOHN RICHARDS DIRECTOR 2.00 X 0 0 0 JOHN SINGLETON DIRECTOR 2.00 X 0 0 0 KEET SHORT DIRECTOR 2.00 X 0 0 0 KEITH HAYNES DIRECTOR 2.00 X 1075 0 0 KENDALL DAVIS DIRECTOR 2.00 X 0 0 0 KEVIN DECHANT DIRECTOR 2.00 X 0 0 0 LARRY CLARK DIRECTOR 2.00 X 5935 0 0 MARVIN HARDING DIRECTOR 2.00 X 4075 0 0 MIKE SCHANTZ DIRECTOR 2.00 X 0 0 0 PATRICK OEHLSCHLAGER DIRECTOR 2.00 X 0 0 0 PHIL JENSEN DIRECTOR 2.00 X 0 0 0 RICHARD FOWLER 122 - 222 DIRECTOR 2.00 X 0 0 0 RICHARD KEMP DIRECTOR 2.00 X 3435 0 0 ROD COTTON DIRECTOR 2.00 X 0 0 0 ROGER KLOEPPEL DIRECTOR 2.00 X 0 0 0 RONALD BLEDSOE DIRECTOR 2.00 X 0 0 0 ROSS FRANKENBACH DIRECTOR 2.00 X 0 0 0 SAMUEL AUXIER DIRECTOR 2.00 X 4005 0 0 SHERA DAMERON DIRECTOR 2.00 X 3390 0 0 STANLEY IRSIK DIRECTOR 2.00 X 0 0 0 STEVE ELSEA DIRECTOR 2.00 X 0 0 0 THOMAS HOWARD DIRECTOR 2.00 X 0 0 0 TIM MINEHARDT DIRECTOR 2.00 X 0 0 0 WAYNE PLUNKETT DIRECTOR 2.00 X 0 0 0 CALEB JONES CEO/EXEC. VP 50.00 X 480104 0 98791 KATE BOATRIGHT CFO/VP FINANCE 50.00 X 216981 0 74206 ROBERT LAND VP RISK MANAGMENT 50.00 X 196168 0 79162 CRAIG MOELLER ASST. DIRECTOR RMT 50.00 X 134711 0 60010 JIM MCCARTY VP COMMUNICATIONS 50.00 X 175586 0 67902 BRENT STEWART GENERAL COUNSEL 50.00 X 118494 0 35830 LINDA BOLTEN DIRECTOR OF ADMINISTRATION 50.00 X 128407 0 56523 1486534 0 472424 12 0 1 0 0 RURAL MO MAGAZINE 513120 4894205 3546915 1347290 MEMBERSHIP DUES & ASSESSMENTS 900099 3953425 3953425 RISK MANAGEMENT/TRAINING 900099 1760033 1760033 OTHER MEMBER SERVICES 900099 1097647 1082289 15358 COOP ADVERTISING 541800 644877 644877 314495 314495 12664682 21337 21337 67213 0 67213 67213 67213 32602 32602 0 4507 0 4507 4507 MISCELLANEOUS 900099 277308 277308 277308 13035047 11583849 1362648 88550 767378 2776704 1043747 601711 237687 28141 20100 279025 474615 588815 445507 59902 431187 309944 4135 286754 42915 MAGAZINE/DIRECTORY PRIN 2407875 POSTAGE 1488035 OTHER PROGRAM EXPENSE 914229 MISCELLANEOUS 10858 13219264 3493470 3341992 485007 879240 6886 0 1087517 932731 4561365 3231025 1302361 1330340 327201 345991 6702442 6830294 1591811 1855311 253309 0 1845120 1855311 X 4857322 4974983 4857322 4974983 6702442 6830294 X -184217 218550 83328 X X 0 1 X 1 0 20000 20000 20000 1 UNITING MISSOURI PAC PO BOX 444 FARMINGTON MO 63640 831066014 20000 0 0 1 3953425 491201 -370709 120492 197671 -77179 PART I-A, LINE 1: CONTRIBUTIONS TO CANDIDATES RUNNING FOR LOCAL AND STATE OFFICES WHO SUPPORT ELECTRIC COOPERATIVES. 30115 30115 2118966 1674798 444168 2298156 1556227 741929 114128 114128 1330340 INVESTMENTS 345991 F 345991 13035047 0 13035047 0 13035047 13219264 0 13219264 0 13219264 LINEMAN RODEO 32602 32602 32602 32602 32602 32602 32602 0 X X 0 0 0 CALEB JONES CEO/EXEC. VP 480104 0 0 0 0 0 73618 0 25173 0 578895 0 0 0 KATE BOATRIGHT CFO/VP FINANCE 216981 0 0 0 0 0 49545 0 24661 0 291187 0 0 0 ROBERT LAND VP RISK MANAGMENT 196168 0 0 0 0 0 59407 0 19755 0 275330 0 0 0 JIM MCCARTY VP COMMUNICATIONS 175586 0 0 0 0 0 50385 0 17517 0 243488 0 0 0 CRAIG MOELLER ASST. DIRECTOR RMT 134711 0 0 0 0 0 42805 0 17205 0 194721 0 0 0 LINDA BOLTEN DIRECTOR OF ADMINISTRATION 128407 0 0 0 0 0 38020 0 18503 0 184930 0 0 0 BRENT STEWART GENERAL COUNSEL 118494 0 0 0 0 0 34276 0 1554 0 154324 0 0 0 SCHEDULE J, PART II, COLUMN C INCLUDED IN THIS AMOUNT IS THE INCREASE IN ACTUARIAL VALUE OF BENEFITS PAYABLE UNDER A DEFINED BENEFIT RETIREMENT PLAN. THE CONTRIBUTION RATE FOR PARTICIPANTS IN THE NRECA R&S DEFINED BENEFIT PENSION PLAN ARE THE SAME FOR ALL INDIVIDUALS IN THIS MULTI-EMPLOYER PLAN. THE CHANGE IN ACTUARIAL VALUE FOR EACH PARTICIPANT, HOWEVER, VARIES WITH AGE, YEARS OF SERVICE AND THE CURRENT INTEREST RATE ENVIRONMENT. IN OTHER WORDS, THE OLDER A PLAN PARTICIPANT IS, THE GREATER THE INCREASE IN THAT INDIVIDUAL'S CHANGE IN ACTUARIAL VALUE, ALL OTHER THINGS BEING EQUAL. BREAKDOWN OF DEFERRED COMPENSATION REPORTED ON PART II, COLUMN (C): CALEB JONES: INCREASE IN DEFINED BENEFIT PLAN: $ 59,780 MATCHING CONTRIBUTION TO 401K 13,838 TOTAL REPORTED IN COLUMN C $ 73,618 KATE BOATRIGHT: INCREASE IN DEFINED BENEFIT PLAN: $ 42,924 MATCHING CONTRIBUTION TO 401K 6,621 TOTAL REPORTED IN COLUMN C $ 49,545 ROBERT LAND: INCREASE IN DEFINED BENEFIT PLAN: $ 53,738 MATCHING CONTRIBUTION TO 401K 5,669 TOTAL REPORTED IN COLUMN C $ 59,407 JIM MCCARTY: INCREASE IN DEFINED BENEFIT PLAN: $ 45,225 MATCHING CONTRIBUTION TO 401K 5,160 TOTAL REPORTED IN COLUMN C $ 50,385 CRAIG MOELLER: INCREASE IN DEFINED BENEFIT PLAN: $ 38,720 MATCHING CONTRIBUTION TO 401K 4,085 TOTAL REPORTED IN COLUMN C $ 42,805 LINDA BOLTEN: INCREASE IN DEFINED BENEFIT PLAN: $ 34,392 MATCHING CONTRIBUTION TO 401K 3,628 TOTAL REPORTED IN COLUMN C $ 38,020 BRENT STEWART: INCREASE IN DEFINED BENEFIT PLAN: $ 30,953 MATCHING CONTRIBUTION TO 401K 3,323 TOTAL REPORTED IN COLUMN C $ 34,276 FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING BOARD MEMBERS HAVE A BUSINESS RELATIONSHIP: DAVID TUDOR, DAN SINGLETARY, CHRIS TURNER, JOHN RICHARDS, THOMAS HOWARD, CARMEN HARTWELL, AND CHRIS HAMON. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN THE ASSOCIATION IS LIMITED TO ELECTRIC COOPERATIVES OPERATING PRIMARILY WITHIN THE STATE OF MISSOURI. FORM 990, PART VI, SECTION A, LINE 7A THE BUSINESS AND AFFAIRS OF THE ASSOCIATION ARE MANAGED BY A BOARD OF DIRECTORS CONSISTING OF ONE PERSON FROM EACH MEMBER ORGANIZATION. EACH MEMBER OF THE ASSOCIATION SELECTS A DIRECTOR TO REPRESENT IT ON THE BOARD OF DIRECTORS OF THE ASSOCIATION. EACH MEMBER ALSO SELECTS AN ALTERNATE WHO POSSESSES THE SAME QUALIFICATIONS AS REQUIRED FOR A DIRECTOR, AND SO SHALL SERVE AS A DIRECTOR IN THE EVENT OF THE INABILITY OF THE FIRST PERSON SELECTED TO SERVE. FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS MAY BE ALTERED, AMENDED OR REPEALED BY THE MEMBERS AT ANY REGULAR OR SPECIAL MEETING. THE NOTICE OF SUCH MEETING SHALL CONTAIN A COPY OF THE PROPOSED ALTERATION, AMENDMENT OR REPEAL TO BE CONSIDERED AT SUCH MEETING. FORM 990, PART VI, SECTION B, LINE 11B BEFORE FORM 990 IS FILED, THE GOVERNING BOARD REVIEWS AND APPROVES THE ANNUAL AUDIT REPORT WHICH IS UTILIZED IN THE PREPARATION OF THE FORM 990. THE VICE PRESIDENT OF FINANCE/CFO AND THE EXECUTIVE VICE PRESIDENT/CEO REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, A QUESTIONNAIRE IS MAILED ASKING QUESTIONS RELATING TO CONFLICTS OF INTEREST. THE BOARD MEMBER IS REQUIRED TO SIGN AND DATE THE FORM CERTIFYING THAT THEY HAVE READ THE POLICY, UNDERSTAND THE POLICY, AND AGREE TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD PRESIDENT ANNUALLY MAILS THE PERFORMANCE SUMMARY OF THE EXECUTIVE VICE PRESIDENT/CEO TO EACH COMMITTEE MEMBER TO BE COMPLETED AND RETURNED FOR EVALUATION. THE BOARD PRESIDENT THEN REVIEWS THE PERFORMANCE SUMMARY EVALUATION WITH THE COMMITTEE AT THE NEXT MEETING AND THEN PRESENTS THE EVALUATION TO THE EXECUTIVE VICE PRESIDENT/CEO. THE EXECUTIVE COMMITTEE USES THE NRECA COMPARATIVE ANALYSIS REPORT TO COMPARE SALARIES OF OTHER STATEWIDE EXECUTIVE VICE PRESIDENT/CEO'S TO DETERMINE SALARY COMPENSATION. AMEC EMPLOYEES COMPLETE A PERFORMANCE REVIEW WORKSHEET ANNUALLY WHICH IS REVIEWED WITH THEIR SUPERVISOR DURING EVALUATION. THE SUPERVISOR COMPLETES A PERFORMANCE SUMMARY SHEET ON THE EMPLOYEE ALONG WITH REVIEWING THEIR JOB DESCRIPTION. THE DEPARTMENT HEAD, ALONG WITH THE EXECUTIVE VICE PRESIDENT/CEO, USES THE NRECA COMPARATIVE ANALYSIS REPORT TO DETERMINE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 AMEC MAKES FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST DURING BUSINESS HOURS THE SAME DAY AS THE REQUEST IF MADE IN PERSON; OTHERWISE A COPY WILL BE MAILED WITHIN 30 DAYS IF THE REQUEST IS IN WRITING. CONFLICT OF INTEREST: AMEC MAY MAKE CONFLICT OF INTEREST POLICY AVAILABLE UPON REVIEW OF REQUEST. GOVERNING DOCUMENTS: AMEC MAY MAKE GOVERNING DOCUMENTS AVAILABLE UPON REVIEW OF REQUEST. FORM 990, PART VII, COLUMN F IN ORDER TO PROVIDE RETIREMENT BENEFITS TO ITS EMPLOYEES, THE ASSOCIATION HAS ESTABLISHED A DEFINED CONTRIBUTION PLAN UNDER SECTION 401(K) OF THE INTERNAL REVENUE CODE. EMPLOYER CONTRIBUTIONS TO THE PLAN ARE MADE PURSUANT TO THE PLAN DOCUMENT. ADDITIONALLY, THE ASSOCIATION PARTICIPATES IN A MULTI-EMPLOYER DEFINED BENEFIT PLAN. CONTRIBUTIONS TO THIS PLAN ARE BASED ON THE FULL FUNDING LIMITATION OF SUCH PLAN. EMPLOYER CONTRIBUTIONS FOR BOTH PLANS ARE AVAILABLE TO PARTICIPATING EMPLOYEES, INCLUDING OFFICERS, KEY EMPLOYEES AND HIGHLY COMPENSATED EMPLOYEES, MEETING THE ELIGIBILITY REQUIREMENTS OF SUCH PLANS. THE ORGANIZATION ALSO PROVIDES HEALTH AND LIFE INSURANCE TO ALL ELIGIBLE EMPLOYEES THROUGH A QUALIFIED PLAN. THE AMOUNTS REPORTED ON PART VII, COLUMN (F) FOR THE OFFICERS, KEY EMPLOYEES AND HIGHLY COMPENSATED EMPLOYEES IS COMPRISED OF ACTUARIAL INCREASE IN THE DEFINED BENEFIT PLAN, THE TOTAL AMOUNT CONTRIBUTED BY THE ORGANIZATION TO THE DEFINED CONTRIBUTION PLAN AND INSURANCE PAID ON BEHALF OF AND FOR THEIR BENEFIT. FORM 990, PART XI, LINE 9: OTHER COMPREHENSIVE INCOME ADJUSTMENT - EXEC BENEFIT RESTORATION PLAN 83,328. FORM 990, PART XII, LINE 2C THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OVERSEES THE FINANCIAL STATEMENT AUDIT AND SELECTS THE INDEPENDENT FINANCIAL STATEMENT AUDITOR. FORM 990, PART XI, LINE 9 THE EXECUTIVE BENEFIT RESTORATION PLAN ("EBR PLAN") IS AN UNFUNDED AND UNSECURED PLAN, CREATED IN 2019, WHICH IS SPONSORED AND MAINTAINED BY THE ASSOCIATION PRIMARILY FOR THE PURPOSE OF PROVIDING DEFERRED COMPENSATION FOR A SELECT GROUP OF MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES OF THE ASSOCIATION. THE ASSOCIATION'S NET EFFECT CHANGE FROM PRIOR YEAR IS $83,328.