2024-10-31T13:20:39-04:00 2023-12-31 743040374 Kelso Lynch PC PA 6700 Squibb Rd Ste 215 Mission KS 662023252 990 2023-01-01 840373770 Y W Electric Association Inc YWEL PO Box Y Akron CO 80720 Trent Loutensock General Manager 9703452291 2024-10-30 true true George Lynch P00187596 9138311150 2024-10-31 2023 2024-10-15 13:58:12Z Trent Loutensock 44472555 false X www.ywelectric.coop X 1945 CO Y-W Electric Association, Inc. is dedicated to providing high quality, reliable electric service and related products to our members at competitive prices. Our members deserve and shall receive quality service unexcelled in our industry. We are committed to maintain an envir 9 9 50 0 0 0 48116469 44223311 67991 285841 8295 -36597 48192755 44472555 0 2200555 1199421 1019032 1088675 0 0 44973168 42184459 48192755 44472555 0 136329417 137763285 72372460 74208479 63956957 63554806 Y-W Electric Association, Inc. is dedicated to providing high quality, reliable electric service and related products to our members at competitive prices. Our members deserve and shall receive quality service unexcelled in our industry. We are committed to maintain an envir false false Purchase of electric power to sell to our customers. 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 19 0 true 50 true false false false false false 44834831 1006158 false false false X 9 9 false false false false true true true true true false false true true true true false false true true false X Trent Loutensock 9703452291 PO Box Y Akron CO 80720 Trent Loutensock General Manager 40.00 0.00 X 247969 0 76507 Joseph A Hase Operations Manager 40.00 0.00 X 135353 0 48072 Brandee Bullard Office Manager 40.00 0.00 X 126834 0 49252 James Lucero Area Foreman 40.00 0.00 X 129698 0 44398 Spencer Johnson Area Foreman 40.00 0.00 X 125635 0 44037 Stuart Travis Director 7.00 0.00 X 14350 0 0 Brooke Price Director 4.00 0.00 X 9100 0 0 Aaron Gebauer Director 2.00 0.00 X 7000 0 0 Larry Hill Director 3.00 0.00 X 7000 0 0 Roger Schenk Director 3.00 0.00 X 5620 0 0 Larry Winger Director 2.00 0.00 X 5250 0 0 Freeman Morris Director 3.00 0.00 X 4200 0 0 Robert Bledsoe Director 2.00 0.00 X 4200 0 0 Joneal Young Director 3.00 0.00 X 4200 0 0 826409 0 262266 5 false true false Sale of Electricity 221000 43747096 43747096 Capital Credits 221000 414796 414796 Other Operating 221000 61419 61419 44223311 285841 285841 8851 8851 8851 8851 Non Operating 900099 -45448 -45448 -45448 44472555 44177863 0 294692 X 1199421 561482 527193 1918510 3515520 Cost of Power 28703043 28703043 Distribution Expense 5061883 5061883 Admin & General 2382849 2382849 Member Services 591955 591955 10699 44472555 0 0 0 3001993 3795779 2777173 3222073 3066200 3103533 548119 417382 136103507 41217021 94425000 94886486 32352772 32166326 158160 171706 136329417 137763285 3974478 3403364 6138306 5360846 62259676 65444269 72372460 74208479 X 63956957 63554806 63956957 63554806 136329417 137763285 X 0 -402151 X false true X true false 738987 738987 10129673 672285 9457388 125234847 40544736 84690111 94886486 Investments in Assoc Organizations 31251422 C Subordinated Certificates 801794 C Other Investments 113110 C 32166326 X 44472555 44472555 44472555 43273134 43273134 1199421 1199421 44472555 Other expenses included on Form 990 (Part XII, line 4b) Margins Assigned to Members $1,199,421 Footnote for uncertain tax position under FIN 48 (Part X) The Association has a letter of exemption from federal income tax, issued by the Internal Revenue Service and files IRS Form 990 annually. An evaluation of whether or not it has any uncertain tax positions is determined on an annual basis by the Association. While the Association believes it has adequately provided for all tax positions, amounts asserted by taxing authorities could be different than the positions taken by the Association. The Association recognizes any interest and penalties assessed by taxing authorities in income tax expense and, with few exceptions, is no longer subject to federal, state, and local income tax examinations for years prior to 2020. X X false false false Trent Loutensock General Manager 247969 55840 20667 324476 Brandee Bullard Office Manager 126834 28845 20407 176086 Joseph A Hase Operations Manager 135353 28051 20021 183425 James Lucero Area Foreman 129698 24101 20297 174096 Spencer Johnson Area Foreman 125635 24101 19936 169672 Members or stockholder classes and rights Part VI line 6 Members are owners of the Electric Utility Cooperative and are allocated margins annually based on electricity usage. Member election for additional members Part VI line 7a Each member of the Association shall be entitled to vote in the election of the Board of Directors. Governing body decisions Part VI line 7b Bylaw changes must be approved by the membership. Form 990 governing body review Part VI line 11 Review by Board of Directors during regular Board Meeting. Conflict of interest policy compliance Part VI line 12c Policies are on a rotation so that Management evaluates regularly. CEO executive director top management comp Part VI line 15a Y-Ws GM salary and any change in that salary is decided by the Board of Directors. Other officer or key employee compensation Part VI line 15b Staff salaries are decided by Y-Ws GM, but the Board of Directors approve the total dollar amount and let the GM decide the porportion given to each salaried employee. Governing documents etc available to public Part VI line 19 Bylaws are given to all new members; bylaws are posted on the Cooperatives website, and all other documents are available at any time upon request. Explanation of other changes in net assets or fund balances Part XI line 9 Current Year Net Margins Assigned to Members $ 1,199,421Other Changes $ 186,966Retirement of Capital Credits $-1,788,538 Total $ -402,151 Part IX response or note to any line in Part IX Form 990, Part IX, Line 4The instructions to the 2023 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, 2023.