2025-04-29T08:12:21-05:00 2024-12-31 821349697 Dennis G Koch & Associates LLC PO Box 1007 Quincy IL 623061007 990 2024-01-01 370527067 Spoon River Electric Cooperative SPOO 3096472700 930 South Fifth Ave Canton IL 61520 Joshua DeWees President/CEO 3096472700 2025-04-29 1 0 Dennis G Koch P01210686 2172248484 2025-04-29 X 2024 2025-03-06 01:10:19Z Joshua DeWees 930 South Fifth Ave Canton IL 61520 12499707 0 X www.srecoop.org X 1939 IL To make the satisfaction of our members or number one priority. To continue our core business of providing reliable electric service to our members. To maintain the fiscal stability of the organization. To provide other products and services t our members that enhance their quality of life. 9 9 37 0 0 0 0 0 12232906 12427915 59517 60304 0 0 12292423 12488219 0 0 0 0 342944 350675 0 0 0 11151178 11413994 11494122 11764669 798301 723550 37342598 39502795 18473296 20062958 18869302 19439837 X To make the satisfaction of our members or number one priority. To continue our core business of providing reliable electric service to our members. To maintain the fiscal stability of the organization. To provide other products and services t our members that enhance their quality of life. 0 0 11764669 12488219 The Cooperative provides electric service through its distribution system to our member/owners located in Fulton, Knox, McDonough, Peoria and Schuyler Counties in Central Illinois. 11764669 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 16 0 1 37 1 0 0 0 0 0 12159592 336733 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Spoon River Electric Cooperative 3096472700 930 South Fifth Ave Canton IL 61520 Louis Gray Lineman 41.00 X 157673 0 11379 Joshua DeWees CEO 41.00 X 148036 0 68626 Tyler Fulton Jny Lineman 41.00 X 135423 0 22587 Paul Moffitt Jny Lineman 41.00 X 132311 0 63586 Jared Lascelles Jny Lineman 41.00 X 131924 0 25021 Mark Procarione Operations Mgr 41.00 X 124046 0 35087 Trent Ross Jny Lineman 41.00 X 119366 0 28664 William Sego Line Foreman 41.00 X 116136 0 50816 Mary Bartley CFO & Office Manager 41.00 X 65268 0 24953 Chad Riney Controller 41.00 X 19335 0 26 Bernard Marvel President 7.00 X X 6679 0 0 Dan Williams Director 4.00 X 4510 0 0 Joe Davis Director 7.00 X 4510 0 0 John Disharoon Director 6.00 X 4281 0 0 Wesley Strode Vice President 4.00 X X 3385 0 0 Kurt Duncan Director 3.00 X 2710 0 0 Jack Clark Secretary 4.00 X X 2479 0 0 JoDee Pedigo Treasurer 3.00 X X 2035 0 0 Lyle Nelson Director 3.00 X 1881 0 0 1181988 0 330745 8 0 1 0 0 Energy Sales 221000 11809381 11809381 Patronage Capital 221000 412544 412544 Other Electric Revenue 221000 185312 185312 Non-operating 221000 20678 20678 12427915 33072 33072 38720 11488 27232 27232 27232 12488219 12488219 0 0 350675 350675 821268 821268 1238624 1238624 Purchased Power 6009933 6009933 Distribution 2262030 2262030 Adminstration 697083 697083 Customer Service & Acco 195638 195638 189418 189418 11764669 11764669 0 0 459243 488532 1386938 1422534 386867 368636 50818 91130 44457427 14936106 27660480 29521321 7398252 7610642 37342598 39502795 1106681 2035473 16844993 17309951 521622 717534 18473296 20062958 X 113530 114370 0 0 18755772 19325467 18869302 19439837 37342598 39502795 X 723550 -153015 X 0 1 X 1 0 208529 208529 689624 548239 141385 43559274 14387867 29171407 29521321 1252244 C Prairie Power Inc 4960615 C NRUCFC 615574 C Federated Insurance 124416 C Meridian 73660 C United Utility Supply 65506 C Other 14495 C CFC Capital Term Certificates 504132 C 7610642 Post-employment Benefits 154812 Deferred Credits 244743 Customer Deposits 317979 717534 12337981 -150238 -150238 12488219 0 12488219 11764669 0 11764669 0 11764669 Part XI, Line 2d - Other Adjustments: Loss of taxable subsidiary -150,238. X X X 0 0 0 Louis Gray Lineman 157132 0 0 0 541 0 4174 0 7205 0 169052 0 0 0 Joshua DeWees CEO 147261 0 0 0 775 0 43673 0 24953 0 216662 0 0 0 Tyler Fulton Jny Lineman 134882 0 0 0 541 0 2933 0 19654 0 158010 0 0 0 Paul Moffitt Jny Lineman 131770 0 0 0 541 0 43255 0 20331 0 195897 0 0 0 Jared Lascelles Jny Lineman 131383 0 0 0 541 0 4690 0 20331 0 156945 0 0 0 Mark Procarione Operations Mgr 123401 0 0 0 645 0 34929 0 158 0 159133 0 0 0 William Sego Line Foreman 115518 0 0 0 618 0 25863 0 24953 0 166952 0 0 0 Part I, Line 3 The Board of Directors review compensation, based on industry surveys and employee performance before approving executive compensation. Form 990, Part VI, Section A, line 6 Each member (customer) has an ownership interest in the cooperative through their interest in the Cooperative's patronage equity capital. Each member is entitled to one vote at the Cooperative's annual meeting. Form 990, Part VI, Section A, line 7a Directors are elected by district by the membership at the annual meeting. Each director represents a district within the Cooperative and is elected for a three-year term. Form 990, Part VI, Section B, line 11b The Cooperative's Federal Form 990 was distributed to the Board of Directors for their review. Form 990, Part VI, Section B, line 12c The Cooperative's Board and General Manager is responsible for monitoring compliance with the Cooperative's conflict of interest policy. Form 990, Part VI, Section B, line 15 The process for determining the CEO's compensation by the Spoon River Electric Cooperative board of directors included a review of the CEO's performance, comparisons of other CEO salaries in the state of Illinois and in the Midwest and an in depth deliberation before the ultimate decision was made setting the CEO's compensation. All of this is set forth in the minutes of the Spoon River Electric Cooperative's Board of Directors meetings. Form 990, Part VI, Section C, line 18 Copies of the Cooperative's Federal Form 990 are available through Guidestar.org and at IRS.gov, or upon request of the cooperative. Form 990, Part VI, Section C, line 19 All policies and governing documents are available for public inspection by contacting the general manager. The Cooperative's governing documents are available to each member on the Cooperative's website. Form 990, Part XI, line 9: Changes in Memberships 840. Reallocation of patronage -3,617. Investment in loss of taxable subsidiary -150,238. Spoon River Holdings Inc 930 South Fifth Ave Canton IL 61520 262867044 Holding company for related companies IL C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 Spoon River Holdings Inc Q Cash