2023-09-26T08:43:00-05:00 2022-12-31 390859910 BAKER TILLY US LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2022-01-01 370801403 SOUTHERN ILLINOIS POWER COOPERATIVE SOUT 6189461448 11543 LAKE OF EGYPT ROAD MARION IL 62959 DON GULLEY PRESIDENT/CEO 6189461448 2023-09-19 1 DON GULLEY XXX-XX-XXXX 1 LAWRENCE H MOHR CPA P00447603 6128764500 2023-09-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DON GULLEY 11543 LAKE OF EGYPT ROAD MARION IL 62959 191911151 0 X WWW.SIPOWER.ORG X 1948 IL TO DELIVER TO OUR MEMBER SYSTEMS, HIGHLY RELIABLE, REASONABLY-PRICED AND ENVIRONMENTALLY RESPONSIBLE WHOLESALE POWER, FOR THE BENEFIT OF THEIR MEMBERS AND THEIR COMMUNITIES. 28 28 89 0 6925 0 0 0 167151592 190989908 -466 542132 403885 292874 167555011 191824914 0 0 0 0 19525616 19676538 0 0 0 141438518 165628205 160964134 185304743 6590877 6520171 684387502 670440755 553303263 532836345 131084239 137604410 TO DELIVER TO OUR MEMBER SYSTEMS, HIGHLY RELIABLE, REASONABLY-PRICED AND ENVIRONMENTALLY RESPONSIBLE WHOLESALE POWER, FOR THE BENEFIT OF THEIR MEMBERS AND THEIR COMMUNITIES. 0 0 GENERATE AND TRANSMIT ELECTRICITY TO MEMBER DISTRIBUTION COOPERATIVES. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 45 0 89 1 1 1 0 0 0 0 162525443 5547248 0 0 0 X 28 28 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X PAUL FURTAK 6189641448 11543 LAKE OF EGYPT ROAD MARION IL 62959 KEVIN LIEFER DIRECTOR 2.00 X 6750 0 0 VICTOR KNIGHT DIRECTOR 2.00 X 6500 0 0 GEORGE OBERNAGEL CHAIR OF THE BOARD 1.00 X X 7250 0 0 WILLIAM LITTRELL VICE CHAIR OF THE BOARD 5.00 X X 7250 0 0 JAMES SCHERRER DIRECTOR 2.00 X 6750 0 0 FRANK HERMAN DIRECTOR 1.00 X 6750 0 0 CARY DICKINSON DIRECTOR 2.00 X 7500 0 0 TOM BEYERS DIRECTOR 1.00 X 6250 0 0 PAUL PYATT DIRECTOR 2.00 X 7250 0 0 SAM PHILLIPS DIRECTOR 1.00 X 6000 0 0 RICHARD RUDOLPHI DIRECTOR 2.00 X 7250 0 0 TIM HANKE DIRECTOR 2.00 X 6250 0 0 STEPHEN KALMER DIRECTOR 2.00 X 7500 0 0 RANDALL RUSHING DIRECTOR 3.00 X 7500 0 0 KEN JARRETT DIRECTOR 2.00 X 7500 0 0 RICHARD NEFF DIRECTOR 1.00 X 6500 0 0 BOB PIERSON SECRETARY OF THE BOARD 2.00 X X 7250 0 0 RICHARD RISTER DIRECTOR 2.00 X 6500 0 0 KATHY WITHERS DIRECTOR 2.00 X 7250 0 0 DAVID MARTIN DIRECTOR 2.00 X 6750 0 0 AMY HOFFMAN-ROHLING DIRECTOR 1.00 X 7250 0 0 BOB KROEGER CO-OP MANAGER/DIRECTOR 5.00 X 0 0 0 DUSTIN TRIPP CO-OP MANAGER/DIRECTOR 5.00 X 0 0 0 DAVID JOHNSTON CO-OP MANAGER/DIRECTOR 5.00 X 0 0 0 ALAN WATTLES CO-OP MANAGER/DIRECTOR 5.00 X 0 0 0 MATT CONKLIN CO-OP MANAGER/DIRECTOR 5.00 X 0 0 0 SHANE HERMETZ CO-OP MANAGER/DIRECTOR 5.00 X 0 0 0 LUKE JOHNSON CO-OP MANAGER/DIRECTOR 5.00 X 0 0 0 DONALD GULLEY PRESIDENT & CEO 60.00 X 681228 0 186970 PAUL FURTAK VP OF ADMIN & FINANCE (CFO) 50.00 X 211470 0 241978 WENDELL RAY WATSON DIRECTOR OF ENVIRONMENTAL SERVICES 50.00 X 200780 0 133890 ROBERT CONN MANAGER GENERATION & FUEL 50.00 X 182669 0 120064 ASHLEY MCCUAN VP OF POWER SUPPLY 50.00 X 164600 0 96968 LARRY BURNS VP OF MARKETS & POWER DELIVERY 50.00 X 159551 0 121463 JAMES CRABB SYSTEMS OPERATOR 50.00 X 160642 0 100665 JERRY BEERS SYSTEMS OPERATOR 50.00 X 156610 0 90788 HAL DEWAYNE WHITLOCK SYSTEMS OPERATOR 49.00 X 155918 0 94570 JAMES HENRY COZART SHIFT FOREMAN 50.00 X 155432 0 89512 GARY MICHAEL CHAMNESS SHIFT FOREMAN 49.00 X 153090 0 96010 2527740 0 1372878 61 0 1 0 GREG'S TRUCK SERVICE 140 WOLF CREEK ROAD GOREVILLE IL 55320 TRUCKING 2564521 BH ELECTRIC LLC 15460 MOELLERS ROAD SUITEB MARION IL 62959 MECHANICAL LABOR / REPAIRS 2519900 ST COTTER TURBINE SERVICES INC 2167 196TH STREET EAST CLEARWATER MN 55320 MECHANICAL LABOR / REPAIRS 1660768 SCHECK INDUSTRIAL CORP PO BOX 19747 PALATINE IL 600559747 MECHANICAL LABOR / REPAIRS 1114916 POWER SERVICES GROUP INC 125 SW 3RD PL SUITE 300 CAPE CORAL FL 33991 MECHANICAL LABOR / REPAIRS 1046924 31 SALE OF ELECTRICITY 221000 190657555 190657555 PROG. RELATED INV. - CFC INTEREST 523000 332353 332353 190989908 550876 6925 543951 30256 77493 -47237 -47237 -47237 8744 -8744 -8744 -8744 OTHER CAPITAL CREDITS & ALLOCATIO 900099 257004 257004 ALLOWANCE FOR FUNDS USED IN CONST 900099 51771 51771 OTHER INCOME 900099 31336 31336 340111 191824914 191330019 6925 487970 2647381 10046557 3758852 2450492 773256 302022 69657 4493673 9988 512920 5054462 31969 25442498 25015109 1206555 FUEL FOR GENERATION 45792689 POWER INTERCHANGED 27714131 POWER GENERATION EXPENS 17294366 MAINTENANCE 12688166 185304743 15069494 5419059 13007295 17728386 24489687 22405222 72611370 82095070 855610789 333809229 537533048 521801560 524684 537540 10129757 9925022 11022167 10528896 684387502 670440755 15209553 20195204 10070160 20048311 511570689 481142908 16452861 11449922 553303263 532836345 X 700 700 0 0 131083539 137603710 131084239 137604410 684387502 670440755 6520171 0 X X 0 1 X 1 0 18388081 18388081 823921379 333809229 490112150 13301329 13301329 521801560 POST-RETIREMENT BENEFIT RESERVE 9229445 RESERVE FOR ASSET RETIREMENT OBLIGATION 2220477 11449922 X 191722760 0 191722760 102154 102154 191824914 185202589 0 185202589 102154 102154 185304743 PART X, LINE 2: THE COOPERATIVE ADOPTED THE PROVISIONS OF ASC TOPIC 740-10-25, "INCOME TAXES RECOGNITION". WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHER POSITIONS TAKEN OR THE AMOUNT OF THE POSITION TAKEN WOULD NOT BE SUSTAINED. EXAMPLES OF TAX POSITIONS COMMON TO ELECTRIC COOPERATIVES INCLUDE THE ENTITY TAKING A POSITION OF TAX EXEMPT STATUS. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE PORTION THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNCERTAIN TAX BENEFITS ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. AS OF DECEMBER 31, 2022 AND 2021, THE COOPERATIVE HAS DETERMINED THERE WERE NO UNCERTAIN TAX LIABILITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: ACCRETION EXPENSE 102,154. PART XII, LINE 4B - OTHER ADJUSTMENTS: ACCRETION EXPENSE 102,154. X X X X 0 0 0 DONALD GULLEY PRESIDENT & CEO 681228 0 0 0 0 0 156869 0 30101 0 868198 0 0 0 PAUL FURTAK VP OF ADMIN & FINANCE (CFO) 211470 0 0 0 0 0 212795 0 29183 0 453448 0 0 0 WENDELL RAY WATSON DIRECTOR OF ENVIRONMENTAL SERVICES 200780 0 0 0 0 0 106948 0 26942 0 334670 0 0 0 ROBERT CONN MANAGER GENERATION & FUEL 182669 0 0 0 0 0 93322 0 26742 0 302733 0 0 0 LARRY BURNS VP OF MARKETS & POWER DELIVERY 159551 0 0 0 0 0 95115 0 26348 0 281014 0 0 0 ASHLEY MCCUAN VP OF POWER SUPPLY 164600 0 0 0 0 0 70482 0 26486 0 261568 0 0 0 JAMES CRABB SYSTEMS OPERATOR 160642 0 0 0 0 0 80036 0 20629 0 261307 0 0 0 HAL DEWAYNE WHITLOCK SYSTEMS OPERATOR 155918 0 0 0 0 0 73955 0 20615 0 250488 0 0 0 GARY MICHAEL CHAMNESS SHIFT FOREMAN 153090 0 0 0 0 0 75395 0 20615 0 249100 0 0 0 JERRY BEERS SYSTEMS OPERATOR 156610 0 0 0 0 0 70153 0 20635 0 247398 0 0 0 JAMES HENRY COZART SHIFT FOREMAN 155432 0 0 0 0 0 68877 0 20635 0 244944 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 DUSTIN TRIPP (CO-OP MANAGER), WILLIAM LITTRELL (DIRECTOR), DAVID JOHNSTON (CO-OP MANAGER), LUKE JOHNSON (CO-OP MANAGER), KEVIN LIEFER (DIRECTOR), SHANE HERMETZ (CO-OP MANAGER), ALAN WATTLES (CO-OP MANAGER), MATT CONKLIN (CO-OP MANAGER) AND BOB KROEGER (CO-OP MANAGER) HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER THROUGH A COMMON COMPANY. FORM 990, PART VI, SECTION A, LINE 6 SOUTHERN ILLINOIS POWER COOPERATIVE HAS A TOTAL OF SEVEN MEMBERS WHICH ARE ALL ELECTRIC DISTRIBUTION COOPERATIVES. FORM 990, PART VI, SECTION A, LINE 7A EACH OF THE SEVEN MEMBER DISTRIBUTION COOPERATIVES APPOINTS FOUR INDIVIDUALS TO SERVE AS DIRECTORS ON THE SOUTHERN ILLINOIS POWER COOPERATIVE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM FOR MANAGEMENT REVIEW. ONCE COMPLETED, IT IS CIRCULATED TO ALL BOARD MEMBERS FOR FINAL APPROVAL BEFORE BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C SIPC REQUIRES THAT DIRECTORS AND EMPLOYEES CONDUCT THEMSELVES IN AN ETHICAL MANNER AND AVOID IMPROPER CONDUCT AT ALL TIMES EVEN THOUGH SUCH CONDUCT MAY NOT BE EXPLICITLY PROHIBITED BY THE CONFLICT OF INTEREST POLICY. EMPLOYEES AND DIRECTORS SHALL IMMEDIATELY DISCLOSE ANY SITUATION THEY ARE INVOLVED IN WHICH MAY BE IN VIOLATION OF THIS POLICY, OR WHICH MIGHT POTENTIALLY VIOLATE THE INTENT OF THIS POLICY AT SOME FUTURE DATE. IN THE EVENT THAT ANY DIRECTOR OR EMPLOYEE BELIEVES THAT A VIOLATION OF THIS POLICY OR OTHER ILLEGAL OR UNETHICAL CONDUCT BY ANY EMPLOYEE, OFFICER OR DIRECTOR HAS OCCURRED OR MAY OCCUR, THEY SHALL PROMPTLY CONTACT THE COOPERATIVE'S COMPLIANCE OFFICER, WHO IS THE GENERAL COUNSEL FOR THE COOPERATIVE. INDIVIDUALS WHO FAIL TO COMPLY WITH THE INTENT OF THIS POLICY MAY BE SUBJECT TO DISCIPLINARY ACTION, UP TO AND INCLUDING TERMINATION. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS. COMPARABLE COMPENSATION DATA FROM THE MARKET AND THE INDUSTRY IS USED IN SETTING THE COMPENSATION. INDUSTRY TRADE ORGANIZATIONS ASSIST IN THE PROCESS. OTHER OFFICERS AND KEY EMPLOYEE COMPENSATION ARE SET THROUGH ANNUAL PERFORMANCE EVALUATION AND COMPARISON TO INDUSTRY WAGE AND BENEFIT STANDARDS. THE CEO SETS THE COMPENSATION AMOUNT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE OVERSIGHT AND SELECTION PROCESS FOR THE AUDIT OF THE FINANCIAL STATEMENTS DID NOT CHANGE FROM THE PRIOR YEAR. SOUTHERN FUEL SUPPLY LLC 11543 LAKE OF EGYPT ROAD MARION IL 62959 262346320 INACTIVE IL SOUTHERN ILLINOIS POWER COOPERATIVE C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0