2023-11-02T09:03:40-05:00 2022-12-31 720398470 HEARD MCELROY & VESTAL LLC 1900 NORTH 18TH STREET SUITE 300 MONROE LA 71201 990 2022-01-01 710205220 ASHLEY-CHICOT ELECTRIC COOPERATIVE INC ASHL 8708535212 307 E JEFFERSON STREET HAMBURG AR 71646 RODNEY CHAPMAN GENERAL MANAGER 8708535212 2023-11-01 1 RODNEY CHAPMAN 999009999 1 CONNIE K SMALLWOOD P00451663 3183883108 2023-11-01 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z EMORY AUSTIN 307 E JEFFERSON STREET HAMBURG AR 71646 13513079 0 X WWW.ASHLEY-CHICOT.COM X 1941 AR SALE OF ELECTRICITY TO RURAL MEMBERS 7 5 24 0 0 0 353709 0 11234010 13147171 112152 124647 234013 241261 11933884 13513079 0 0 493269 842913 208266 454085 0 0 0 11232349 12216081 11933884 13513079 0 0 39523502 43086261 20424043 23338451 19099459 19747810 SALE OF ELECTRICITY TO RURAL MEMBERS 0 0 PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 5,083 RURAL MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 24 1 0 0 0 0 0 12950412 562667 0 0 0 X 7 5 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 X RODNEY CHAPMAN 8708535212 307 E JEFFERSON ST HAMBURG AR 71646 EMORY AUSTIN PRESIDENT 8.00 X X 2652 0 0 MARTHA PENNINGTON SECRETARY 5.00 X X 11265 0 9055 DAVID LYNN DIRECTOR 2.00 X 8215 0 3676 RICHARD STOCK DIRECTOR 2.00 X 2147 0 0 MARK PIERONI VICE PRESIDENT 2.00 X X 4629 0 1998 JUSTIN GREEN DIRECTOR 3.00 X 5964 0 2148 ANDREW HARTSHORN DIRECTOR 3.00 X 5688 0 3032 RODNEY CHAPMAN GENERAL MANAGER 40.00 X 122155 0 91914 THOMAS WELLS OPERATIONS MANAGER 40.00 X 114535 0 70553 HARRIET ERWIN ACCOUNTANT 40.00 X 106629 0 22496 MARCUS COLLINS LEAD SERVICE MAN 40.00 X 102616 0 71895 486495 0 276767 4 0 1 0 ARKANSAS ELECTRIC COOP INC PO BOX 190257 LITTLE ROCK AR 722190257 LINE CONSTRUCTION AND MATERIALS 1243045 TECHLINE LTD PO BOX 674005 DALLAS TX 752674005 LINE MATERIALS 984125 BARNETT RIGHT OF WAY SERVICE INC PO BOX 761 HOPE AR 71802 RIGHT OF WAY CLEARING 335854 TRC LOCKBOX PO BOX 536282 PITTSBURGH PA 152535904 MAPPING AND POLE INSPECTION 244743 MONDAY'S MOWING 120 ASHLEY 147 RD FOUNTAIN HILL AR 71642 MOWING / CLEARING RIGHT OF WAY 154288 7 SALES OF ELECTRICITY 221000 12944951 12944951 GENERATION & TRANSMISSION CAPITAL 221000 111027 111027 PATRONAGE CAPITAL CREDIT 221000 85732 85732 MISC ELECTRIC REVENUE 221000 5461 5461 13147171 97137 97137 27510 0 27510 27510 27510 OTHER INCOME 221000 241261 241261 241261 13513079 13388432 0 124647 842913 162713 14604 175814 100954 15561 19625 26316 19012 8695 879507 1457513 COST OF POWER PURCHASED 6924201 DISTRIBUTION - MAINTENA 1140934 DISTRIBUTION - OPERATIO 726126 CONSUMER SERVICES 664172 334419 13513079 297664 351366 2447538 3466582 728148 1042993 265667 529879 33638 35835 51870309 19073356 31043819 32796953 4396618 4332958 310410 529695 39523502 43086261 940286 1124364 392217 361592 19045862 21812438 45678 40057 20424043 23338451 X 40810 40520 0 0 19058649 19707290 19099459 19747810 39523502 43086261 X 0 648351 X 0 1 X 1 0 51870309 19073356 32796953 32796953 ARKANSAS ELECTRIC COOPERATIVE INC PATRONAGE CAPITAL 385192 C ARKANSAS ELECTRIC COOPERATIVE CORP PATRONAGE CAPITAL 3304977 C NAT'L RURAL UTILITIES COOPERATIVE FINANCE CORP PATRONAGE CAPITAL 408699 C FEDERATED RURAL ELECTRIC INSURANCE CORP 141358 C NAT'L INFORMATION SOLUTIONS COOPERATIVE PATRONAGE CAPITAL 61195 C MISCELLANEOUS INVESTMENTS 31537 C 4332958 CURRENT PORTION - POSTRETIREMENT BENEFITS 5600 ACCRUED POSTRETIREMENT BENEFIT COST 34457 40057 X 13513079 0 13513079 0 13513079 12670166 0 12670166 842913 842913 13513079 PART X, LINE 2: THE COOPERATIVE IS REQUIRED TO REVIEW VARIOUS TAX POSITIONS IT HAS TAKEN WITH RESPECT TO ITS TAX-EXEMPT STATUS AND DETERMINE WHETHER IN FACT IT CONTINUES TO QUALIFY AS A TAX-EXEMPT ENTITY. IN ADDITION, AS A TAX-EXEMPT ENTITY, THE COOPERATIVE MUST ASSESS WHETHER IT HAS ANY TAX POSITIONS ASSOCIATED WITH UNRELATED BUSINESS INCOME SUBJECT TO INCOME TAX. THE COOPERATIVE DOES NOT EXPECT ANY OF ITS TAX POSITIONS TO CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS. ANY PENALTIES RELATED TO LATE FILING OR OTHER REQUIREMENTS WOULD BE RECOGNIZED AS PENALTIES EXPENSE IN THE COOPERATIVE'S ACCOUNTING RECORDS. THE COOPERATIVE IS REQUIRED TO FILE U.S. FEDERAL FORM 990 FOR INFORMATIONAL PURPOSES. ITS FEDERAL INCOME TAX RETURNS FOR THE TAX YEARS 2021, 2020, AND 2019 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XII, LINE 4B - OTHER ADJUSTMENTS: PATRONAGE CAPITAL CREDITS ALLOCATED TO THE COOPERATIVE'S MEMBERS 842,913. X 1 1 X 0 0 0 RODNEY CHAPMAN GENERAL MANAGER 122155 0 0 0 0 0 68281 0 23633 0 214069 0 0 0 THOMAS WELLS OPERATIONS MANAGER 114535 0 0 0 0 0 47510 0 23043 0 185088 0 0 0 MARCUS COLLINS LEAD SERVICE MAN 102616 0 0 0 0 0 48943 0 22952 0 174511 0 0 0 HARRIET ERWIN ACCOUNTANT 106629 0 0 0 0 0 11080 0 11416 0 129125 0 0 0 PART I, LINE 1A DIRECTORS AND DIRECTOR SPOUSES ATTEND SUMMER AND WINTER CONFERENCES. DIRECTORS ARE REIMBURSED PER DIEM, MEALS AND MILEAGE. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE ALLOCATED MARGINS ANNUALLY BASED ON USAGE FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT AND THE AUDITOR REVIEW FORM 990 PRIOR TO FILING. THE BOARD REVIEWS THE COMPLETED 990 AT THE BOARD MEETING FOLLOWING THE FILING OF FORM 990. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS AND MANAGEMENT REVIEW POLICIES ANNUALLY AND MONTHLY AT BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 FORM 990, FORM 1024, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE COOPERATIVE'S OFFICE. IT IS NOTED IN THE ANNUAL REPORT TO MEMBERS THAT THESE REPORTS ARE AVAILABLE FOR EXAMINATION. FORM 990, PART XI, LINE 9: CHANGES TO MEMBERSHIPS, CAPITAL & OTHER COMPREHENSIVE INCOME IN THE YEAR 648,351.