2023-11-03T09:54:24-05:00 2022-12-31 750882037 BOLINGER SEGARS GILBERT AND MOSS LLP 8215 NASHVILLE AVENUE LUBBOCK TX 79423 990 2022-12-06 886793004 BRAZOS ELECTRIC RATE PAYER HARDSHIP FUND BRAZ 7136513770 7616 BAGBY AVENUE WACO TX 76712 PAULA FARQUHAR PRESIDENT 7136513770 2023-11-02 1 PAULA FARQUHAR 999009999 0 MATT R WILLIS P00419741 8067473806 2023-11-02 X 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X PAULA FARQUHAR 7616 BAGBY AVENUE WACO TX 76712 140224200 0 X WWW.BRAZOSHARDSHIPFUND.COM X 2022 TX THE PRINCIPAL PURPOSE OF THE TRUST IS TO MITIGATE THE IMPACT OF THE FEBRUARY 2021 WINTER STORM URI-RELATED SECURITIZATION CHARGES ON LOW INCOME COOPERATIVE RATEPAYERS OF THE PARTICIPATING 15 BRAZOS ELECTRIC MEMBER COOPERATIVES IN THIS TRUST. 7 7 0 7 0 0 140000000 0 224200 0 140224200 0 0 0 0 0 61150 61150 140163050 140224200 61150 140163050 THE PRINCIPAL PURPOSE OF THE TRUST IS TO MITIGATE THE IMPACT OF THE FEBRUARY 2021 WINTER STORM URI-RELATED SECURITIZATION CHARGES ON LOW INCOME COOPERATIVE RATEPAYERS OF THE PARTICIPATING 15 BRAZOS ELECTRIC MEMBER COOPERATIVES IN THIS TRUST. 0 0 61150 THERE ARE AN ESTIMATED 134,000 POTENTIALLY ELIGIBLE HOUSEHOLDS, BASED ON ELIGIBILITY CRITERIA , IN THE PARTICIPATING MEMBER COOPERATIVES (PMC) SERVICE AREA. CUSTOMERS MAY APPLY FOR THE BENEFITS THROUGH SOLIX, A THIRD PARTY SPECIALIZING IN ELIGIBILITY DETERMINATION, AND THOSE CUSTOMERS DEEMED ELIGIBLE WILL RECEIVE CREDITS FROM THE PMCS ON THEIR MONTHLY INVOICES FOR ELECTRIC SERVICE TO COVER SECURITIZATION CHARGES INCLUDED IN THOSE INVOICES. THE CREDITS ARE FUNDED FROM REIMBURSEMENTS THE HARDSHIP FUND PAYS THE PMCS AFTER THE LOW INCOME CUSTOMERS RECEIVE THE CREDIT ON THEIR BILLS. THE FUND WAS SET UP IN DECEMBER OF 2022 AND WILL BEGIN DISBURSING FUNDS TO THE PMCS IN 2023. 61150 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X KHAKI BORDOVSKY 7136513770 7616 BAGBY AVENUE WACO TX 76712 X PAULA FARQUHAR PRESIDENT 1.00 X X 0 0 0 RUSSELL YOUNG VICE PRESIDENT 1.00 X X 0 0 0 JILL SADBERRY SECRETARY 1.00 X X 0 0 0 JIM BATES TRUSTEE 1.00 X 0 0 0 STEPHEN MEERS TRUSTEE 1.00 X 0 0 0 JUSTIN STAPLETON TRUSTEE 1.00 X 0 0 0 JANET VOTH TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 140000000 140000000 224200 224200 140224200 0 0 224200 X 61150 61150 61150 61150 0 0 140208499 0 15701 0 140224200 61150 0 61150 X 140163050 0 140163050 0 140224200 140163050 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 140224200 0 140224200 0 140224200 61150 0 61150 0 61150 PART X, LINE 2: THE ORGANIZATION HAS ADOPTED THE UNCERTAIN TAX POSITIONS PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE PRIMARY TAX POSITION OF THE ORGANIZATION IS ITS FILING STATUS AS A TAX-EXEMPT ENTITY. THE ORGANIZATION DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE, OR OTHER STATE TAXING AUTHORITIES. THERE WERE NO PENALTIES OR INTEREST RECOGNIZED DURING THE YEAR ENDED DECEMBER 31, 2022. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE FORM 990 WAS REVIEWED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEWING BY THE PUBLIC AT THE ORGANIZATION'S OFFICE IN WACO, TX. FORM 990, PART IX, LINE 11G SOLIX - ELIGIBILITY IMPLEMENTATION: PROGRAM SERVICE EXPENSES 61,150. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61,150. FORM 990, PART XII, LINE 2C THE BOARD OF TRUSTEES HAVE ASSIGNED MEMBERS TO AN AUDIT COMMITTEE TO OVERSEE THE FINANCIAL STATEMENT AUDIT AND SELECT THE INDEPENDENT FINANCIAL STATEMENT AUDITOR.