2023-11-06T14:48:03-06:00 2022-12-31 FORVIS LLP PO BOX 3667 LITTLE ROCK AR 722033667 990 2022-01-01 710133895 OUACHITA ELECTRIC COOPERATIVE CORPORATION % JUDY TAYLOR OUAC 8708365791 PO BOX 877 CAMDEN AR 717110877 SHAWN DORFLINGER GENERAL MANAGER 8708365791 2023-11-02 true SHAWN DORFLINGER 000000000 AMBER SHERRILL P00748683 5013721040 2 2022 2023-04-26 12:10:37Z SHAWN DORFLINGER PO BOX 877 CAMDEN AR 717110877 24794021 false X WWW.OECC.COM X 1939 AR PROVIDE ECONOMICAL AND RELIABLE ELECTRICAL POWER TO OUR MEMBERS AND THE COMMUNITIES WE SERVE. 9 9 54 0 0 0 0 24760596 24125808 429826 435037 49374 233176 25239796 24794021 9489 34000 1219867 1472699 2085983 1892325 0 0 0 21548676 21475838 24864015 24874862 375781 -80841 116417453 119870625 65736621 68355074 50680832 51515551 TO PROVIDE THE BEST ELECTRIC SERVICE THE COOPERATIVE CAN PROVIDE TO ALL WHO DESIRE IT WITHIN THE SERVICE AREA OF THE COOPERATIVE AT THE LOWEST PRICE CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. false false SALES OF 226,735,913 KILOWATT HOURS OF ELECTRIC ENERGY. false false false false false false false false false true false true false true false false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 17 0 true 54 true false false false false false 23483951 1089630 false false false X 9 9 true false false false true true true true true false false false true true true true true true true false X JUDY TAYLOR 8708373613 700 BRADLEY FERRY ROAD CAMDEN AR 71701 X SHAWN DORLINGER GENERAL MANAGER 50.0 0.0 X 145337 0 87830 BRYAN DUNN DISTRIBUTION SYS DIST/BR MGR 50.0 0.0 X 114172 0 72474 TROY CARTER LEAD LINEMAN 52.95 0.0 X 117409 0 64300 DAVID O'HARA OPERATIONS LEADERSHIP/MGMT 50.0 0.0 X 135856 0 43873 CHARLES ARMSTRONG SERVICE MANAGER 50.0 0.0 X 139959 0 37620 JIMMY PITTS ENGINEERING SERVICES TECH 46.05 0.0 X 104492 0 71297 MARY BETH FAIN FINANCE AND ACCOUNTING MANAGER 50.0 0.0 X 82934 0 47235 MARK CAYCE GENERAL MANAGER 50.0 0.0 X 33414 0 10581 JUDY TAYLOR DIRECTOR/FINANCE & ACCT MANGR 50.0 0.0 X X 32536 0 2315 CORBET J LAMKIN DIRECTOR 2.27 0.0 X 15400 0 0 WALTER PIGOTT DIRECTOR 3.33 0.0 X 13600 0 0 BEAU MORGAN DIRECTOR 1.08 0.0 X 13500 0 0 DAVID MCLEANE SECRETARY/TREASURER 1.15 0.0 X X 12950 0 0 DANNY ADAMS DIRECTOR 1.49 0.0 X 10700 0 0 JAMES GARNER CHAIRMAN 1.73 0.0 X X 9350 0 0 LISA HENDRIX VICE CHAIRMAN 1.6 0.0 X X 9350 0 0 GREGG GOSS DIRECTOR 1.65 0.0 X 8900 0 0 999859 0 437525 11 false true false PLATINUM POWERLINES 800 W MAIN STREET ATKINS AR 72823 LINE WORK 830693 GLENN MECHANICAL 512 W HILLSBORO ST EL DORADO AR 71730 HVAC PROJECT 159502 BARNETT ROW SERVICES INC PO BOX 761 HOPE AR 71801 STORM CLEANUP 1487005 BARNETT SOUTHERN CORPORATION PO BOX 704 WASHINGTON GA 30673 LINE WORK 161285 4 0 SALE OF ELECTRICITY 221000 23521188 23521188 OTHER CAPITAL CREDITS & DIVIDENDS 900099 604620 604620 24125808 406078 406078 0 0 220440 0 220440 220440 220440 -260 29219 0 0 -260 29219 28959 28959 0 0 0 0 0 0 0 0 0 All Other Misc Revenue 900099 12736 12736 12736 12736 12736 24794021 24125808 668213 34000 0 0 1472699 535933 0 1583614 -38050 -189172 0 0 0 0 0 0 0 109558 7170 183034 0 0 149498 0 0 0 2457501 0 2894345 115302 Cost of Power 8761866 DISTRIBUTION 5519953 Power Production Expense 177755 APSC TAXES 46300 1053556 24874862 5311699 7933949 2193062 1378905 0 0 3652425 3253351 1041 0 0 0 452209 440290 1190660 1210840 2537515 3198174 113593809 33237537 78984112 80356272 1425321 1407088 0 0 18479347 18560781 0 0 2190062 2130975 116417453 119870625 7335256 4111611 0 0 0 0 0 0 0 0 0 0 58049675 63921185 0 0 351690 322278 65736621 68355074 X 104349 104579 2223622 2335360 48352861 49075612 50680832 51515551 116417453 119870625 X -80841 915560 X false true X true false 801365 801365 2330059 686619 1643440 19061939 5617148 13444791 91400446 26933770 64466676 80356272 RUS INVETMENTS 2465480 C INVETMENT IN ASSOCIATED ORGS 11118250 C INVESTMENT IN SUBSIDIARY 4977051 C 18560781 0 CONSUMER DEPOSITS 307772 DEFERRED CREDITS 14506 322278 24817602 23581 23581 24794021 24794021 23344903 23581 23581 23321322 1553540 1553540 24874862 FORM 990, SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE PROVIDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. FORM 990, SCHEDULE D, PART XI, LINE 2D EXPENSES NET WITH OTHER INCOME ON AUDIT $23,581 FORM 990, SCHEDULE D, PART XII, LINE 2D EXPENSES NET WITH OTHER INCOME ON AUDIT $23,581 FORM 990, SCHEDULE D, PART XII, LINE 4B 2022 PATRONAGE ALLOCATED TO MEMBERS $1,472,699 EQUITY IN EARNINGS OF SUBSIDIARY $80,841 ---------------------------------------------------------- TOTAL $1,553,540 X X X false false false SHAWN DORLINGER GENERAL MANAGER 143371 0 750 0 1216 0 59033 0 28797 0 233167 0 0 0 TROY CARTER LEAD LINEMAN 116192 0 750 0 467 0 38044 0 26256 0 181709 0 0 0 CHARLES ARMSTRONG SERVICE MANAGER 132233 0 750 0 6976 0 14629 0 22991 0 177579 0 0 0 DAVID O'HARA OPERATIONS LEADERSHIP/MGMT 131340 0 750 0 3766 0 15148 0 28725 0 179729 0 0 0 BRYAN DUNN DISTRIBUTION SYS DIST/BR MGR 112891 0 750 0 531 0 41944 0 30530 0 186646 0 0 0 JIMMY PITTS ENGINEERING SERVICES TECH 103211 0 750 0 531 0 41618 0 29679 0 175789 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ALL CUSTOMERS OF THE COOPERATIVE ARE MEMBERS. ALL MEMBERS HAVE THE SAME RIGHTS TO ELECT INDIVIDUALS TO THE BOARD OF DIRECTORS AND VOTE ON BY LAW REVISIONS. MEMBERS RECEIVE PATRONAGE CAPITAL ALLOCATIONS BASED ON THEIR KILOWATT HOUR USAGE. FORM 990, PART VI, SECTION A, LINE 7A ALL BOARD MEMBERS ARE ELECTED BY THE MEMBERSHIP OF THE COOPERATIVE AT THE ANNUAL MEETING IN PERSON OR BY ABSENTEE VOTING. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE COOPERATIVE VOTE TO APPROVE BYLAW CHANGES EACH YEAR AT THE ANNUAL MEETING IN PERSON OR BY ABSENTEE VOTING. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY MANAGEMENT BEFORE IT IS FILED. AT THE NEXT BOARD MEETING AFTER THE 990 IS FILED, THE BOARD OF DIRECTORS ARE GIVEN A COPY OF THE FORM 990 TO REVIEW. THE FORM 990 IS ALSO REVIEWED, POST FILING, BY THE COOPERATIVE'S INDEPENDENT AUDITORS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST QUESTIONNAIRE IS FILLED OUT ANNUALLY BY THE DIRECTORS AND KEY MANAGEMENT PERSONNEL. THE QUESTIONNAIRES ARE CONFIRMED AND CHECKED BY THE INDEPENDENT AUDITORS ANNUALLY. FORM 990, PART VI, SECTION B, LINES 15A & 15B THE TOP MANAGEMENT OFFICIAL (GENERAL MANAGER) COMPENSATION IS DETERMINED BY THE GOVERNING BOARD USING COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE KEY EMPLOYEES OF THE ORGANIZATION COMPENSATION IS DETERMINED BY THE TOP MANAGEMENT OFFICIAL (GENERAL MANAGER). COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION IS USED IN THE DETERMINATION. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 NET INCOME BEFORE PATRONAGE ASSIGNED 1,472,699 CHANGE IN MEMBERSHIP 230 CHANGE IN DONATED CAPITAL 6 CHANGE IN OTHER EQUITIES 111,732 RETIREMENT OF CAPITAL CREDITS (749,948) EQUITY IN EARNINGS OF SUBSIDIARY 80,841 ----------------------------------------------------- TOTAL $915,560 OUACHITA ELECTRIC SERVICES INCORPORATED PO BOX 877 CAMDEN AR 71711 813091404 INTERNET SERV AR OECC C CORP 0 4977051 1.00000 true false false false false false false false false false false false false false true false false false false false