2023-08-10T13:23:18-04:00 2022-12-31 743040374 KELSO LYNCH PC PA 6700 SQUIBB RD STE 215 MISSION KS 662023252 990 2022-01-01 480124045 ARK VALLEY ELECTRIC COOPERATIVE ARKV 6206626661 PO BOX 1246 HUTCHINSON KS 675041246 JACKIE HOLMBERG GENERAL MANAGER 6206626661 2023-08-10 true JACKIE HOLMBERG 999009999 true THOMAS F HANCOCK CPA P00501575 9138311150 2023-08-10 2022 2023-04-26 12:10:37Z X JACKIE HOLMBERG 15570728 false X WWW.ARKVALLEY.COM X 1939 KS THE ARK VALLEY ELECTRIC COOPERATIVE ASSOCIATION, INC., IS DEDICATED TO PROVIDING SAFE, RELIABLE, HIGH QUALITY ELECTRIC ENERGY TO ITS MEMBERS AT THE LOWEST COST, WHILE STRIVING TO IMPROVE THE QUALITY OF LIFE FOR ALL ITS MEMBERS AND ADHERING TO COOPERATIVE PRINCIPLES. 7 7 15 0 0 15073664 15444928 37153 103411 23889 22389 15134706 15570728 0 1761267 1965668 1415406 1464710 0 0 11958033 12140350 15134706 15570728 0 45661646 45574215 23442501 22567890 22219145 23006325 X THE ARK VALLEY ELECTRIC COOPERATIVE ASSOCIATION, INC., IS DEDICATED TO PROVIDING SAFE, RELIABLE, HIGH QUALITY ELECTRIC ENERGY TO ITS MEMBERS AT THE LOWEST COST, WHILE STRIVING TO IMPROVE THE QUALITY OF LIFE FOR ALL ITS MEMBERS AND ADHERING TO COOPERATIVE PRINCIPLES. false false ARK VALLEY ELECTRIC COOPERATIVE DISTRIBUTES ELECTRICITY TO 5,228 RURAL MEMBERS. IT OPERATES 2,050 MILES OF OVERHEAD LINE AND 46 MILES OF UNDERGROUND DISTRIBUTION LINES. THE COOPERATIVE IS A VOLUNTARY ORGANIZATION OPEN TO ALL WHO ARE ABLE TO USE ITS SERVICES. IT IS CONTROLLED BY MEMBERS WITH ONE VOTE PER MEMBER. THE MARGINS BEYOND THOSE NECESSARY TO PAY EXPENSES ARE CREDITED BACK TO THE MEMBERS THROUGH CAPITAL ALLOCATIONS. false false false false false false false false false true false true false false true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 60 0 true 15 true false false false false false 15686076 329693 false false false X 7 7 false false false false true true false true true false false false true true true true true true true false X JACKIE HOLMBERG 6206626661 10 EAST 10TH AVENUE SOUTH HUTCHINSON KS 67505 JACKIE HOLMBERG GENERAL MANA 46.00 X 154382 0 123989 JIM SHERRY DIRECTOR OF 50.00 X 145650 0 125718 JUSTIN TANKERSLEY LINE FOREMAN 42.00 X 119078 0 75124 ARYN WALTON JOURNEYMAN L 44.00 X 116550 0 59199 RYAN WALTON JOURNEYMAN L 43.00 X 111317 0 64149 CAMERON HORESKY JOURNEYMAN L 43.00 X 111890 0 58717 PENNY WOOD OFFICE MANAG 41.00 X 102960 0 64837 JAIME HOWARD DIRECTOR 2.00 X 4950 0 0 LARRY FROESE TREASURER 2.00 X 4800 0 0 KEITH MCNICKLE PRESIDENT 3.00 X 4700 0 0 DANIEL SCHNURR VICE PRESIDE 2.00 X 3950 0 0 JOSEPH SEIWERT DIRECTOR 2.00 X 3850 0 0 JUDY KINSLER SECRETARY 2.00 X 3250 0 0 TIMOTHY BERGKAMP DIRECTOR 2.00 X 2650 0 0 STEVE SCHWEIZER DIRECTOR 2.00 X 2000 0 0 BUDD FOUNTAIN DIRECTOR 2.00 X 1000 0 0 892977 571733 9 false true false ROYER BROTHERS TREE SERVICE LLC 2401 S LORRAINE ST HUTCHINSON KS 67501 ROW CLEARING 384771 APPEL COMPANY 912 E 27TH AVE HUTCHINSON KS 67502 UG ELEC INSTALL 144466 2 SALE OF ELECTRICITY 221000 15293261 15293261 CAPITAL CREDITS 221000 113931 113931 MISCELLANEOUS ELECTRIC 221000 37736 37736 15444928 103411 103411 23873 23873 23873 23873 MISC NON-OPERATING 900099 -1484 -1484 -1484 15570728 15443444 127284 X 1965668 477318 987392 627666 1297820 COST OF POWER 8395730 DISTRIBUTION EXPENSE 1423105 ADMIN & GENERAL 262176 MEMBER SERVICES 125522 8331 15570728 0 0 0 5085571 2147361 2100000 1559232 1593434 499530 942857 242525 179803 45878548 12513055 33096209 33365493 5178579 5245267 45661646 45574215 2988054 2891117 123657 60843 20330790 19615930 23442501 22567890 X 22219145 23006325 22219145 23006325 45661646 45574215 X 0 787180 X false true X true false 230316 230316 1597623 495623 1102000 44050609 12017432 32033177 33365493 INVESTMENT IN ASSOC ORGANIZATI 4854273 C SUBORDINATED CERTIFICATES 390994 C 5245267 X 15570728 15570728 15570728 13605060 13605060 1965668 1965668 15570728 SCHEDULE D, PAGE 3, PART X AN EVALUATION OF WHETHER OR NOT IT HAS ANY UNCERTAIN TAX POSITIONS IS DETERMINED ON AN ANNUAL BASIS BY THE ASSOCIATION. WHILE THE ASSOCIATION BELIEVES IT 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. SCHEDULE D, PAGE 4, PART XII, LINE 4B MARGINS ASSIGNED TO MEMBERS 1,965,668 X true true X X false false false JACKIE HOLMBERG GENERAL MANAGER 154382 100291 23698 278371 JIM SHERRY DIRECTOR OF OPS 145650 102075 23643 271368 JUSTIN TANKERSLEY LINE FOREMAN 119078 51903 23221 194202 ARYN WALTON JOURNEYMAN LINEMAN 116550 36103 23096 175749 RYAN WALTON JOURNEYMAN LINEMAN 111317 41053 23096 175466 CAMERON HORESKY JOURNEYMAN LINEMAN 111890 35510 23207 170607 PENNY WOOD OFFICE MANAGER 102960 49681 15156 167797 FORM 990 - ORGANIZATION'S MISSION THE ARK VALLEY ELECTRIC COOPERATIVE ASSOCIATION, INC., IS DEDICATED TO PROVIDING SAFE, RELIABLE, HIGH QUALITY ELECTRIC ENERGY TO ITS MEMBERS AT THE LOWEST COST, WHILE STRIVING TO IMPROVE THE QUALITY OF LIFE FOR ALL ITS MEMBERS AND ADHERING TO COOPERATIVE PRINCIPLES. FORM 990, PAGE 6, PART VI, LINE 6 ARK VALLEY ELECTRIC COOPERATIVE IS A MEMBER OWNED COOPERATIVE. FORM 990, PAGE 6, PART VI, LINE 7A EACH MEMBER OF THE COOPERATIVE IS ENTITLED TO VOTE IN THE ELECTION OF THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT REVIEWS THE ANNUAL FILING OF THE FORM 990. FORM 990, PAGE 6, PART VI, LINE 12C ANNUAL AND PERIODIC REVIEWS OF THE POLICY ARE MADE BY THE BOARD AND MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF TRUSTEES ANNUALLY REVIEW GENERAL MANAGER'S PERFORMANCE AND USE COMPARATIVE SALARY INFORMATION GATHERED FROM STATEWIDE SURVEYS FOR ELECTRIC COOPERATIVES IN THE STATE TO DETERMINE SALARY. THE MAIN CRITERIA IN SETTING MANAGEMENT SALARIES IS TO LOOK AT WHAT THEIR PEERS GET AT OTHER COOPERATIVES. THE METHOD IS TO SEPARATE PAY FROM PERFORMANCE EVALUATIONS. GOOD PERFORMANCE IS THE MINIMUM REQUIREMENT FOR THE JOB, AND THE COOPERATIVE DOESN'T PAY ANY MORE THAN THEY HAVE TO PAY, AS MEASURED BY WHAT OTHERS PAY FOR THE SAME TALENT. IT IS ALSO IMPORTANT THAT ANY SUPERVISOR SHOULD BE COMPENSATED MORE THAN THOSE HE/SHE SUPERVISES AND THAT CAN BE A BIG FACTOR WHERE THE COOPERATIVE HAS HIGH UNION-NEGOTIATED COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 15B ALL OTHER EMPLOYEES ARE HOURLY UNION EMPLOYEES. THEIR PAY RATES ARE NEGOTIATED AND CONTRACTED WITH IBEW. THE COOPERATIVE USES A LABOR ATTORNEY FOR NEGOTIATIONS. 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 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 CAPITAL CREDIT GAIN 208,515 MARGINS ASSIGNED TO MEMBERS 1,965,668 RETIREMENT OF CAPITAL CREDITS -1,387,003 TOTAL 787,180