2025-11-04T12:40:32-05:00 2024-12-31 743040374 Kelso Lynch PC PA 6700 Squibb Rd Ste 215 Mission KS 662023252 990 2024-01-01 480506619 Twin Valley Electric Cooperative Inc % Angie Erickson TWIN 6207845500 PO Box 368 Altamont KS 673300368 ANGIE ERICKSON CEO 6207845500 2025-10-28 true true GEORGE LYNCH P00187596 9138311150 2025-11-04 2024 2025-03-06 01:10:19Z Angie Erickson PO Box 368 Altamont KS 673300368 6534531 false X www.twinvalleyelectric.coop X 1946 KS Providing safe, reliable energy services and enhancing the quality of life for our member owners. 9 9 15 0 0 0 6543755 6507365 9020 20092 8681 7074 6561456 6534531 0 267158 110408 540407 576415 0 0 5753891 5847708 6561456 6534531 0 32432412 33105361 23213291 23801559 9219121 9303802 Providing safe, reliable energy services and enhancing the quality of life for our member owners. false false Twin Valley Electric Cooperative, Inc. is an electric distribution cooperative that provided electricity to approximately 2,900 electric meters to its approximately 1,960 members located in southeast Kansas. 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 55 0 true 15 true false false false false false 6635630 82025 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 X Rebecca Hanigan 6207845500 PO Box 368 Altamont KS 673300368 Angie Erickson CEO 35.00 0.00 X 179312 0 65332 Rebecca Hanigan CFO 36.00 0.00 X 124856 0 37198 Adam Myers Line Superintendent 38.00 0.00 X 125663 0 32368 Bryan Hucke Secretary 0.87 0.00 X 2710 0 0 Dareld Nelson Treasurer 0.63 0.00 X 1410 0 0 Diane McCartney Director 1.08 0.00 X 1410 0 0 Bryan Coover President 0.79 0.00 X 1110 0 0 Jason Zwahlen Director 0.83 0.00 X 1110 0 0 Tom Ellison Director 0.38 0.00 X 1106 0 0 Larry D Hubbell Vice President 0.93 0.00 X 1010 0 0 Jared Nash Director 1.26 0.00 X 910 0 0 Heath Steeby Director 0.99 0.00 X 910 0 0 441517 0 134898 3 false true false Kansas Electric Power Cooperative PO Box 4877 Topeka KS 66604 Power Supplier 2707911 Anixter PO Box 842584 Dallas TX 752842584 Materials Supplier 358257 Stella-Jones PO Box 7411280 Chicago IL 60674 Pole Supplier 125423 Labette County Treasurer P O Box 388 Oswego KS 67356 Property Tax Vehic 307519 Row Pro 5319 CR 5800 Cherryvale KS 67335 Right of Way Contr 100950 5 Sale of Electricity 221000 6419265 6419265 Capital Credits 221000 31891 31891 Other Operating Revenue 221000 56209 56209 6507365 9092 9092 5886 5886 5886 5886 11000 11000 11000 11000 0 Non-Operating 900099 1188 1188 1188 6534531 6508553 0 25978 X 110408 418384 158031 705644 919260 Cost of Power 2821836 2821836 Distribution Expense 769955 769955 Admin & General 487678 487678 Member Services 142843 142843 492 6534531 0 0 0 236840 185520 537489 603394 237326 226761 280161 245347 141364 114124 37504291 8098279 28695837 29406012 2303395 2324203 32432412 33105361 859696 812050 165167 164600 21378428 20624909 810000 2200000 23213291 23801559 X 649199 667469 8569922 8636333 9219121 9303802 32432412 33105361 X 0 84681 X X false true X true false 389138 389138 4838065 473729 4364336 32277088 7624550 24652538 29406012 Investments in Associated Organizat 2167554 C Subordinated Certificates 156649 C 2324203 X 6534531 6534531 6534531 6424123 6424123 110408 110408 6534531 Part XII, Line 4b-Other expenses not included on Sch D but on 990 Margins Assigned to Members $110,408 Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) The Association has a letter of exemption from federal income tax, issuedby the Internal Revenue Service and filed IRS Form 990 annually. Anevaluation of whether or not it has uncertain tax positions is determinedon an annual basis by the Association While the Association believes ithas adequately provided for all tax positions, amounts asserted by taxingauthorities could be different than the positions taken by the Association.The Association recognizes any interest and penalties assessed by taxingauthorities in income tax expense, and with few exceptions, is no longersubject to federal, state, or local tax examinations by tax authorities foryears prior to 2021. X X false false false Angie Erickson CEO 179312 45399 19933 244644 Rebecca Hanigan CFO 124856 17824 19374 162054 Adam Myers Line Superintendent 125663 13073 19295 158031 Members or stockholder classes and rights Part VI line 6 As a Cooperative, we are owned by the members we serve. Member election for additional members Part VI line 7a All board members of the cooperative are elected by the membership. Governing body decisions Part VI line 7b Members of the cooperative approve all bylaw changes. Form 990 governing body review Part VI line 11 The CEO, CFO, and Board of Directors review an electronic copy and discuss the Form 990 at a Board Meeting. Conflict of interest policy compliance Part VI line 12c The Organization questions officers, directors, and key employees on an annual basis and stresses the need to report to the Cooperative any time something arises. CEO executive director top management comp Part VI line 15a The Board of Directors annually reviews the performance of the CEO/General Manager. The review is conducted through group discussion of the Board, identifying both comments on past year performance and areas to focus on in the subsequent year. During the same discussion, salary adjustments is then determined using data from various sources that often include statewide salary data, US Bureau of Labor Statistics, and the collective bargaining agreement. Other officer or key employee compensation Part VI line 15b The CEO reviews the performance of exempt employees and adjusts/sets the salaries at market wage based on data from various sources that often include statewide salary data, US Bureau of Labor Statistics, and the collective bargaining agreement. Governing documents etc available to public Part VI line 19 Bylaws are offered to all new members; 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 Margins Assigned to Members $ 110,408Changes in Membership $ -29Retirements of Capital Credits $ -25,698Total $ 84,681 Part IX response or note to any line in Part IX Form 990, Part IX, Line 4The instructions to the 2024 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, 2024. Part XII Response or note to any line in Part XII Part XII, Line 2c - Change in Financial Review ProcessTwin Valley Electric Cooperative, Inc. did not change its processes or selection or oversight for the year ended December 31, 2024.