2023-08-31T13:31:38-04:00 2022-12-31 743040374 KELSO LYNCH PC PA 6700 SQUIBB RD STE 215 MISSION KS 662023252 990 2022-01-01 370580852 WESTERN ILLINOIS ELECTRICAL COOP WEST 2173573125 PO BOX 338 CARTHAGE IL 62321 MICHAEL TODD GROTTS MANAGER 2173573125 2023-08-25 true MICHAEL TODD GROTTS 999009999 false THOMAS F HANCOCK CPA P00501575 9138311150 2023-08-31 2022 2023-04-26 12:10:37Z MICHAEL TODD GROTTS 10459583 false X WWW.WIEC.NET X 1938 IL WE ARE COMMITTED TO GIVE OUR MEMBER-OWNERS THE MOST RELIABLE, COST- EFFECTIVE ELECTRIC ENERGY SERVICES POSSIBLE. 7 7 14 0 0 9977878 10402651 19676 40617 685 16315 9998239 10459583 0 891266 730626 462035 637694 0 0 8644938 9091263 9998239 10459583 0 25735291 25552342 11515622 10856365 14219669 14695977 WE ARE COMMITTED TO GIVE OUR MEMBER-OWNERS THE MOST RELIABLE, COST- EFFECTIVE ELECTRIC ENERGY SERVICES POSSIBLE. false false WESTERN ILLINOIS ELECTRICAL COOP. IS A MEMBER-OWNED ELECTRICAL COOPERATIVE THAT PROVIDES SERVICE TO APPROXIMATELY 3,600 MEMBERS IN THE RURAL AREAS OF HANCOCK, SOUTHERN HENDERSON, PARTS OF ADAMS AND MCDONOUGH COUNTIES. 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 15 0 true 14 true false false false false false 10060153 573245 false false false X 7 7 false false true false true true true true true false false true true false true true false true true false X WENDI WHITAKER 2173573125 PO BOX 338 CARTHAGE IL 62321 MICHAEL TODD GROTTS MANAGER 40.00 X 138029 0 65868 ERIC ALBERT JOHNSON LINE FOREMAN 40.00 X 111841 0 56757 ANDREW J LAFEBER CREW FOREMAN 40.00 X 101579 0 47600 WENDI RENEA WHITAKER FINANCE & AC 40.00 X 70573 0 35547 MARK BURLING DIRECTOR 1.56 X 2400 0 0 JAY MORRISON DIRECTOR 1.08 X 1700 0 0 JANET SPORY DIRECTOR 1.55 X 1700 0 0 ROBERT GRONEWOLD DIRECTOR 0.78 X 1100 0 0 KIM GULLBERG DIRECTOR 0.53 X 1100 0 0 DUSTIN WALKER DIRECTOR 0.35 X 900 0 0 KENT FLESNER DIRECTOR 0.63 X 500 0 0 STEPHEN PATRICK DIRECTOR 0.62 X 500 0 0 431922 205772 3 false true false IFP LAND SERVICES LLC 10143 N BLUFF SPRING RD BEARDSTOWN IL 62618 VEGETATION MGMT 163487 1 SALE OF ELECTRICITY 221000 9942848 9942848 CAPITAL CREDITS 221000 418217 418217 MISCELLANEOUS ELECTRIC 221000 41586 41586 10402651 29863 29863 10572 10572 10572 10572 10754 10754 10754 10754 MISC NON-OPERATING 900099 5743 5743 5743 10459583 10419148 40435 X 730626 319917 317777 292734 797941 COST OF POWER 6610580 DISTRIBUTION EXPENSE 765038 ADMIN & GENERAL 498532 MEMBER SERVICES 126438 10459583 0 0 0 660666 787159 800941 849081 2510078 1832687 235382 405441 148306 81644 28652078 12237373 16389462 16414705 4990456 5181625 25735291 25552342 825727 951017 128346 123086 10561549 9782262 11515622 10856365 X 14020 13975 14205649 14682002 14219669 14695977 25735291 25552342 X 0 476308 X false true X true 39296 39296 663150 387024 276126 27949632 11850349 16099283 16414705 INVESTMENTS IN ASSOCIATED ORGA 4766198 C SUBORDINATED CERTIFICATES 415427 C 5181625 X 10459583 10459583 10459583 9728957 9728957 730626 730626 10459583 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 COOPERATIVE. 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 RECOGNIZES ANY INTEREST AND PENALTIES 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 CURRENT YEAR MARGINS ASSIGNED TO MEMBERS 730,626 X X false false false MICHAEL TODD GROTTS MANAGER 138029 64477 1391 203897 ERIC ALBERT JOHNSON LINE FOREMAN 111841 55657 1100 168598 FORM 990, PAGE 6, PART VI, LINE 4 DURING THE YEAR, THE MEMBERS OF THE COOPERATIVE APPROVED TO AMEND THE BYLAWS OF THE COOPERATIVE THAT PERTAIN TO ARTICLE III - MEETINGS OF MEMBERS. THE BYLAWS WERE AMENDED AS FOLLOWS: ARTICLE III - MEETING OF MEMBERS SECTION 4 - QUORUM SETION 4 WAS AMENDED TO CHANGE THE NUMBER OR PER CENTUM OF MEMBERS NECESSARY TO CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS AT ALL MEETINGS OF THE MEMBERS. THE NUMBER CHANGED TO 100 OF THE MEMBERS PRESENT IN PERSON OR REPRESENTED BY PROXCY SHALL CONSTITUTEA QUORUM OF THE TRANSACTION OF BUSINESS AT ALL MEETINS OF THE MEMBERS; PROVIDED AT LEAST FIFTY PER CENTUM (50%) OF THE ONE NUNDRED MEMBERS PRESENT ARE IN PERSON. ARTICLE III - MEETING OF MEMBERS SECTION 6 - PROXIES SECTION 6 WAS AMENDED TO CHANGE THE NUMBER OF MEMBERS ANOTHER MAY REPRESENT AS PROXY AT ALL MEETINGS OF THE MEMBERS. THE AMOUNT WAS CHANGED TO FIVE (5) MEMBERS. A COMPLETE COPY OF THE BYLAWS CAN BE FOUND ON THE COOPERATIVE'S WEBSITE AT THE FOLLOWING ADDRESS: HTTPS://WWW.WIEC.NET/ABOUT-WIEC/BYLAWS/ FORM 990, PAGE 6, PART VI, LINE 6 WESTERN ILLINOIS ELECTRICAL COOP. IS AN ELECTRIC DISTRIBUTION COOPERATIVE CONSISTING OF APPROXIMATELY 3,600 MEMBERS. EACH CUSTOMER OF THE COOPERATIVE RECEIVING SERVICE IS A MEMBER. FORM 990, PAGE 6, PART VI, LINE 7A THE COOPERATIVE IS DIVIDED INTO 7 DISTRICTS. THE MEMBERS ARE ALLOWED TO VOTE FOR THE ELECTION OF A DIRECTOR TO REPRESENT EACH DISTRICT. BOARD MEMBERS ARE APPROVED ON A ROTATING 3-YEAR CYCLE. FORM 990, PAGE 6, PART VI, LINE 7B COOPERATIVE MEMBERS ARE ALLOWED TO VOTE ON PROPOSED BY-LAW CHANGES DURING THE ANNUAL MEMBERSHIP MEETING. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PREPARED BY THE COOPERATIVE'S INDEPENDENT AUDITOR. IT IS PRESENTED TO THE GENERAL MANAGER AND THE ACCOUNTING MANAGER FOR REVIEW. THE BOARD RECEIVES A COPY OF THE 990 TO REVIEW AND APPROVE BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C DIRECTORS AND EMPLOYEES ARE MADE AWARE OF THE NEED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST UPON STARTING. IF THERE WAS EVER CONCERN ABOUT A CONFLICT, THE MANAGER WOULD DISCUSS THE MATTER WITH THE BOARD MEMBER IN QUESTION, THEN DECIDE IF FURTHER DISCUSSION WITH THE REST OF THE BOARD WAS NECESSARY. FORM 990, PAGE 6, PART VI, LINE 15A THE MANAGER'S SALARY IS SET BY THE BOARD ANNUALLY. THE BOARD HAS ACCESS TO COMPARABLE DATA FROM OTHERS IN THE INDUSTRY AS WELL AS KNOWLEDGE ABOUT THE FINANCIAL HEALTH OF THE COOPERATIVE TO UTILIZE WHEN SETTING THE AMOUNT. FORM 990, PAGE 6, PART VI, LINE 15B MANAGER INITIALLY PROPOSES WAGES (EXCEPT HIS OWN SALARY) TO OUR BOARD, THE BOARD APPROVES THE FINAL AMOUNT, REFERENCES SUCH AS ANNUAL SURVEY INFORMATION FROM AIEC ABOUT OTHER COOP'S WAGES ARE UTILIZED FOR COMPARISON FOR SOME POSITIONS. FORM 990, PAGE 6, PART VI, LINE 19 BYLAWS ARE OFFERED TO ALL NEW MEMBERS; ALL OTHER DOCUMENTS ARE AVILABLE 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 CURRENT YEAR MARGINS ASSIGNED TO MEMBERS 730,626 OTHER CHANGES 71,782 RETIREMENT OF CAPITAL CREDITS -326,055 CHANGES IN MEMBERSHIP -45 TOTAL 476,308