2023-11-15T11:54:52-06:00 2022-12-31 FORVIS LLP PO BOX 3667 LITTLE ROCK AR 722033667 990 2022-01-01 430618625 GASCOSAGE ELECTRIC COOPERATIVE % CARMEN HARTWELL GASC 5737597146 PO BOX G DIXON MO 65459 CARMEN HARTWELL GENERAL MANAGER 5737597146 2023-11-14 true CARMEN HARTWELL 000000000 AMBER SHERRILL P00748683 5013721040 2 2022 2023-04-26 12:10:37Z CARMEN HARTWELL PO BOX G DIXON MO 65459 20993839 false X GASCOSAGE.COOP X 1945 MO TO PURCHASE, ACQUIRE AND ACCUMULATE ELECTRIC ENERGY FOR, AND TO TRANSMIT, DISTRIBUTE, FURNISH, SELL AND DISPOSE OF SUCH ENERGY TO MEMBERS. 9 9 62 0 -1507763 0 0 0 19961540 20513095 21583 123331 -234224 -1343814 19748899 19292612 20000 45776 0 0 2742666 3241019 0 0 0 15028107 16954658 17790773 20241453 1958126 -948841 57774455 70519833 27764846 40769368 30009609 29750465 X GASCOSAGE ELECTRIC COOPERATIVE PROVIDES OUR DIVERSE MEMBERSHIP AN UNSURPASSED LEVEL OF COMPREHENSIVE SERVICE USING THE LATEST PROVEN TECHNOLOGICAL ADVANCES IN THE ELECTRICAL INDUSTRY TO DELIVER RELIABLE AND AFFORDABLE ELECTRICITY IN THE TRADITIONAL STYLE OF PERSONALIZED SERVICE. false false PURCHASE, ACQUIRE, AND ACCUMULATE ELECTRIC ENERGY FOR, AND TO TRANSMIT, DISTRIBUTE, FURNISH, SELL, AND DISPOSE OF SUCH ENERGY TO MEMBERS, SERVING 10,130 CONNECTED METERS AND 1,590 MILES OF LINE. ENGINEER, CONSTRUCT AND MAINTAIN A FIBER-TO-THE-HOME NETWORK TO DISTRIBUTE AND SELL INTERNET AND VOICE SERVICES TO MEMBERS, CURRENTLY SERVING 121 SUBSCRIBERS AND 70 MILES OF FIBER. false false true false false false false false false true false true false true false false true false false false false false false false false false false true true false false false false false false false false false false true true true true false true 19 0 true 62 true true true false false false false 20358719 480592 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false MO X CARMEN HARTWELL 5737597146 22346 N HWY 133 CROCKER MO 65452 X CARMEN HARTWELL GENERAL MANAGER 40.0 2.0 X 132371 0 53748 RONALD WILES BOARD DIRECTOR 7.52 0.0 X 12000 0 0 DONALD WARNOL BOARD PRESIDENT/DIRECTOR 17.92 0.0 X X 10950 0 0 JIM HUMPHREY BOARD TREASURER/DIRECTOR 5.4 0.0 X X 10800 0 0 ALICE CARLTON BOARD SECRETARY/DIRECTOR 6.06 0.0 X X 10800 0 0 JACOB WARREN BOARD DIRECTOR 5.69 0.0 X 10300 0 0 DEBORAH KRUMWIEDE BOARD DIRECTOR 8.12 0.0 X 9575 0 0 RICHARD YELTON BOARD VICE PRESIDENT/DIRECTOR 3.1 0.0 X X 6800 0 0 WILLARD DEAN BAKER BOARD DIRECTOR 5.73 0.0 X 6300 0 0 LUTHER RIDDLE II BOARD DIRECTOR 2.07 0.0 X 5000 0 0 214896 0 53748 1 false true false SELLENRIEK ENERGY LLC P O BOX 237 JONESBURG MO 63351 LINE BUILDER 192610 KIOWA LINE BUILDERS INC P O BOX 721 TIPTON MO 65081 LINE BUILDER 998721 2 X 0 SALES OF ELECTRIC ENERGY 221000 20239737 20239737 G & T CAPITAL CREDITS 221000 154308 154308 OTHER ELECTRIC REVENUE 221000 107067 107067 EQUIPMENT LEASE 221000 11983 11983 20513095 123331 123331 0 0 175264 153023 1701227 -1525963 153023 -1372940 -1536889 163949 0 0 0 0 0 0 0 0 0 0 MANAGEMENT FEES FROM GAS TECH 510000 29126 29126 29126 19292612 20513095 -1507763 287280 2789 42987 0 0 268644 0 2137097 495720 57496 282062 0 0 0 0 0 1938 171834 23518 371252 0 0 0 0 0 0 976405 0 1853752 29596 COST OF POWER 10996134 CONSUMER ACCOUNTS 856694 DISTRIBUTION EXPENSE 761650 TAXES 515922 395963 20241453 998149 2266244 329561 886162 0 0 2061922 2010401 0 0 0 0 0 0 730980 4135185 348257 1716906 72871389 17857829 49365167 55013560 0 0 0 0 3853253 3531402 0 0 87166 959973 57774455 70519833 1914337 2551555 0 0 897198 361073 0 0 0 0 0 0 24141563 36187299 0 0 811748 1669441 27764846 40769368 X 162660 762310 0 0 29846949 28988155 30009609 29750465 57774455 70519833 X -948841 689697 X false true X false false 2547 2547 true NRECA P O BOX 718777 PHILADELPHIA PA 191718777 530116145 1502 AMECPAC 2722 EAST MCCARTY STREET JEFFERSON CITY MO 65101 430631824 1000 UTC P O BOX 79358 BALTIMORE MD 21279 526042453 45 FORM 990, SCHEDULE C, PART I-A, LINE 1 FUNDS ARE USED SOLELY TO ADVANCE PUBLIC POLICY GOALS OF MISSOURI'S ELECTRIC COOPERATIVES. 302071 302071 6836890 1551773 5285117 62119517 16306056 45813461 3612911 3612911 55013560 INVESTMENTS IN ASSOCIATED COOP 2967032 F INVESTMENTS IN SUBSIDIARY COMP 57980 F INVESTMENTS IN CAP TERM CERTIF 331692 F OTHER INV IN ASSOC ORGS 174698 F 3531402 0 CONSUMER DEPOSITS 699868 CHRISTMAS FUND 9600 DUE TO AFFILIATE 959973 1669441 20845996 1745998 1745998 19099998 192614 192614 19292612 20241453 20241453 20241453 FORM 990, SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED 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 BOOK TO TAX DEPRECIATION EXPENSE $1,700,377 EQUITY IN EARNINGS OF SUBSIDIARY 45,621 ------------------------------------------------------ TOTAL 1,745,998 FORM 990, SCHEDULE D, PART XI, LINE 4B FIBER LEASE UBI 163,422 SHARED SALARY EXPENSES 29,126 SHARED OFFICE SPACE MARKUP 66 --------------------------------------------------------- TOTAL $192,614 true LUTHER A. RIDDLE COMMUNITY SCHOLARSHIP PROGRAM 20 20000 0 N/A N/A YOUTH TOUR TO WASHINGTON 4 12000 0 N/A N/A FORM 990, SCHEDULE I, PART I, LINE 2 PAYMENT IS MADE JOINTLY TO THE SCHOOL AND THE RECIPIENT AT THE TIME OF REGISTRATION. EACH $1,000 SCHOLARSHIP WILL BE USED TO PAY FOR BOOKS AND TUITION FIRST, THEN ROOM AND BOARD. X X false false false CARMEN HARTWELL GENERAL MANAGER 132371 0 0 0 0 0 22618 0 31130 0 186119 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 EACH PERSON OR BUSINESS PROVIDED SERVICE BY GASCOSAGE ELECTRIC COOPERATIVE IS A MEMBER OF THE COOPERATIVE AND IS ENTITLED TO ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7A GASCOSAGE ELECTRIC COOPERATIVE IS FORMED BY MEMBERS. THE MEMBERSHIP VOTES ON CHANGES OF THE BYLAWS TO THE ORGANIZATION AND ELECTS THE BOARD OF DIRECTORS FOR THREE YEAR TERMS AT THE ANNUAL MEETINGS. FORM 990, PART VI, SECTION A, LINE 7B ALL ELECTRIC RATE CLASSES HOLD FULL MEMBERSHIP IN THE COOPERATIVE. MEMBERS OF THE COOPERATIVE HAVE THE SAME RIGHTS TO VOTE ON CHANGES TO BYLAWS OR THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A FINAL DRAFT OF THE FORM 990 IS PRESENTED TO THE BOARD IN A MONTHLY BOARD MEETING AND VOTED ON FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN THE CERTIFICATION AND DISCLOSURE ANNUALLY. THE GENERAL MANAGER INVESTIGATES ANY POTENTIAL CONFLICTS AND DETERMINES THE NATURE OF THE CONFLICT. THE PRESIDENT OF THE BOARD OF DIRECTORS INVESTIGATES AND DETERMINES THE NATURE OF THE CONFLICT IF THE CONFLICT INVOLVED THE GENERAL MANAGER. IF NECESSARY, THE COOPERATIVE'S ATTORNEY IS CONSULTED AS TO WHETHER THE EMPLOYEE OR DIRECTOR HAS A CONFLICT OF INTEREST THAT PREVENTS HIM OR HER FROM FURTHER PARTICIPATION. ANY EMPLOYEE OR DIRECTOR THAT IS DETERMINED TO HAVE A REAL OR APPARENT CONFLICT OF INTEREST SHALL BE DISQUALIFIED FROM ACTING ON ANY PROCUREMENT OR CONTRACT ADMINISTRATION MATTER THAT COULD BE IMPACTED BY THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A &15B THE BOARD OF DIRECTORS COMPARES WAGES AND SALARIES ON NATIONAL, REGIONAL, AND STATE LEVELS BY USING THE NRECA NATIONAL COMPENSATION SURVEY FOR RURAL ELECTRIC COOPERATIVES AND THE AMEC STATEWIDE STUDY. DETERMINATION OF WAGES AND SALARIES FOR MANAGEMENT POSITIONS IS INCLUDED IN THE BOARD OF DIRECTORS MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE ORGANIZATION'S BYLAWS IS PROVIDED TO EACH NEW MEMBER. FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO PROVIDED AT EACH ANNUAL MEETING. FORM 990, PART VIII, LINE 6A PERSONAL PROPERTY RENTAL REVENUES EXCLUDED FROM UNRELATED BUSINESS INCOME ARE RELATED TO POLE RENTAL INCOME. FORM 990, PART XI, LINE 9 MEMBERSHIPS ISSUED 2,005 RETIREMENT OF CAPITAL CREDITS (858,794) BOOK TO TAX DEPRECIATION DIFFERENCE 1,700,377 SHARED EMPLOYEE REVENUE (29,126) SHARED OFICE SPACE MARKUP (66) EQUITY IN EARNINGS OF SUBSIDIARY 45,621 OTHER CHANGES IN NET ASSETS (6,898) FIBER LEASE REVENUE (163,422) ------------------------------------------------------ TOTAL 689,697 GTECH FIBER LLC 803 SOUTH ELLEN STREET DIXON MO 65459 352735838 FTTH MO 100106 697668 GEC GASCOSAGE TECHNOLOGIES LLC 803 SOUTH ELLEN STREET DIXON MO 65459 431780453 FIBER OPTICS MO GEC C CORP -19285 57980 1.00000 true true false false false false false false false false true false false false true true true true false false GASCOSAGE TECHNOLOGIES LLC A 134221 FMV