2025-11-17T14:21:26-06:00 2024-12-31 341310124 REA & ASSOCIATES INC 5400 FRANTZ RD SUITE 200 DUBLIN OH 43016 990 2024-01-01 344291370 LOGAN COUNTY COOPERATIVE POWER AND LIGHT ASSOCIATION INC LOGA 9375924781 1587 COUNTY ROAD 32 N BELLEFONTAINE OH 433119323 TIMOTHY STREET PRESIDENT 9375924781 2025-11-17 1 1 MELISSA DUNKLE CPA P01380769 6148898725 2025-11-16 2024 2025-03-06 01:10:19Z TIMOTHY STREET 1587 COUNTY ROAD 32 N BELLEFONTAINE OH 433119323 22932813 0 X WWW.LOGANCOUNTY.COOP X 1936 OH OUR LARGEST PROGRAM SERVICE ACCOMPLISHMENT WAS THE DISTRIBUTION OF ELECTRICITY TO THE RURAL AREAS INCLUDING THE PROVISION OF ELECTRICITY TO APPROXIMATELY 4,814 METERS OVER 690 MILES OF ENERGIZED LINES. 7 7 24 0 0 0 0 0 0 22416430 29130 21888 7071116 494495 7100246 22932813 6945 25283 1239236 642887 2481541 2731905 0 0 0 3372524 19532738 7100246 22932813 0 0 44299894 45390571 20693244 21537920 23606650 23852651 WORKING FROM OUR HEADQUARTERS NEAR BELLEFONTAINE, OH , LOGAN COUNTY ELECTRIC COOPERATIVE PROVIDES ELECTRIC ENERGY TO MORE THAN 4,800 HOMES AND BUSINESSES IN LOGAN, HARDIN, AND SHELBY COUNTIES. 0 0 OUR LARGEST PROGRAM SERVICE ACCOMPLISHMENT WAS THE DISTRIBUTION OF ELECTRICITY TO THE RURAL AREAS INCLUDING THE PROVISION OF ELECTRICITY TO APPROXIMATELY 4,814 MEMBERS OVER 690 MILES OF ENERGIZED LINES. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 33 0 1 24 1 0 0 0 0 0 22416430 516382 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X X TIMOTHY STREET 9375924781 1587 CR 32 N BELLEFONTAINE OH 43311 TIMOTHY STREET PRESIDENT 40.00 X 189087 0 79967 RYAN M SMITH VP OF OPERATIONS 40.00 X 157950 0 70157 TIFFANY STONER VP OF FINANCE AND ADMINIST 40.00 X 143826 0 69786 DANIEL ASHCRAFT DIRECTOR OF OPERATIONS 40.00 X 129216 0 65258 SCOTT ROACH DIRECTOR OF ENGINEERING 40.00 X 124598 0 63435 TODD WHITE JOURNEYMAN LINEMAN 40.00 X 120294 0 50335 MICHAEL HICKENBOTTOM JOURNEYMAN LINEMAN 40.00 X 118937 0 50297 AARON NEWLAND JOURNEYMAN LINEMAN 40.00 X 116497 0 57518 DAVID SALMONS JOURNEYMAN LINEMAN 40.00 X 110000 0 50407 MICHAEL MOOSE JOURNEYMAN LINEMAN 40.00 X 108867 0 50436 ARIC STOVER JOURNEYMAN LINEMAN 40.00 X 106659 0 57618 MASON SHOEMAKER JOURNEYMAN LINEMAN 40.00 X 104337 0 57375 JANET BLANK 1ST VICE-CHAIRMAN/TRUSTEE 10.00 X X 13100 0 0 SCOTT HALL CHAIRMAN/ TRUSTEE 12.00 X X 12675 0 0 DAVID CAMPBELL SECRETARY/TREASURER 6.00 X X 10825 0 0 JERRY P FRY 2ND VICE-CHAIRMAN/ TRUSTEE 4.00 X X 10825 0 0 JAMES JIM RICE TRUSTEE 2.00 X 10175 0 0 WARREN TAYLOR TRUSTEE 8.00 X 9600 0 0 JERRY CLINE TRUSTEE 2.00 X 8850 0 0 1606318 0 722589 9 0 1 0 0 ELECTRICITY 221000 22416430 22416430 22416430 17763 17763 83853 0 83853 83853 83853 4125 0 4125 4125 4125 GENERATION & TRANSMISSION COOP C 221000 365893 365893 OTHER CAPITAL CREDITS 221000 44749 44749 410642 22932813 22500283 0 432530 25283 642887 786823 1137771 363011 27252 417048 7424 27750 177707 214597 12175 6362 113183 61869 724299 1430869 PURCHASED POWER 16060007 KWH TAX EXPENSE 408448 DUES AND SUBSCRIPTIONS 144748 MISC GENERAL EXPENSE 143300 22932813 104593 216347 2035735 2658614 424227 336714 19547 18861 43413463 13081198 29384152 30332265 9925755 9775995 282001 271130 2123884 1780645 44299894 45390571 2902879 3121000 17339638 18115685 450727 301235 20693244 21537920 X 23606650 23852651 0 0 0 0 23606650 23852651 44299894 45390571 X 0 246001 X X 0 1 X 1 0 318827 318827 3925363 1984780 1940583 3945873 620602 3325271 35223400 10475816 24747584 30332265 INVESTMENT BUCKEYE POWER 9093708 C INVESTMENT CFC MCS 7.5% 401076 C INVESTMENT - CRC 6121 C INVESTMENT - NRTC 2380 C INVESTMENT COBANK 272710 C 9775995 10533 LEASE OBLIGATIONS 290702 301235 X PART X, LINE 2: INCOME TAXES: AS THE COOPERATIVE IS EXEMPT FROM FEDERAL INCOME TAXES, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE. AN INFORMATIONAL TAX RETURN, FORM 990, IS PREPARED AND FILED EACH YEAR WITH THE INTERNAL REVENUE SERVICE. THE COOPERATIVE PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE, RESPECTIVELY, THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAX BENEFITS. INTEREST AND PENALTIES WOULD BE RECORDED AS OPERATING EXPENSES WHEN THEY ARE INCURRED PART XI, LINE 2D - OTHER ADJUSTMENTS: POWER & MERCHANDISE PURCHASES-REPORTABLE ON PART VIII, LINE 10B. PART XII, LINE 2D - OTHER ADJUSTMENTS: POWER & MERCHANDISE PURCHASES-REPORTABLE ON PART VIII, LINE 10B. PART XII, LINE 4B - OTHER ADJUSTMENTS: PATRONAGE DIVIDENDS ALLOCATED FOR CURRENT TAX YEAR 0 INDIAN LAKE EMS RESPONDERS INC 280 N OAK STREET LAKEVIEW OH 43331 874364953 501(C)(3) 0 5971 EMPLOYEE SALARY TORNADO RELIEF. EMPLOYEE DONATIONS OF TIME ONLY. DONATED TIME AND EFFORT FOR TORNADO REFLIEF. UNITED WAY OF LOGAN COUNTY INC 653 S MAIN STREET BELLEFONTAINE OH 43311 340905716 501(C)(3) 0 7925 EMPLOYEE SALARY COMMUNITY SUPPORT. EMPLOYEE DONATIONS OF TIME ONLY. DONATED TIME AND EFFORT FOR COMMUNITY SUPPORT. 2 SCH I, PART I, LINE 2 ALL GRANTS PAID BY THE ORGANIZATION WERE BELOW THE THRESHOLD. THE TWO INSTANCES WHERE IT EXCEEDED THE THRESHOLD, WERE RELATED TO A DONATION OF TIME AND EFFORT FOR COMMMUNITY SUPPORT THROUGH MULTIPLE ORGANIZATIONS. X X 0 0 0 TIMOTHY STREET PRESIDENT 189087 0 0 0 0 0 49123 0 28073 0 266283 0 0 0 RYAN M SMITH VP OF OPERATIONS 157950 0 0 0 0 0 39582 0 28073 0 225605 0 0 0 TIFFANY STONER VP OF FINANCE AND ADMINIST 143826 0 0 0 0 0 37357 0 28073 0 209256 0 0 0 DANIEL ASHCRAFT DIRECTOR OF OPERATIONS 129216 0 0 0 0 0 35628 0 28073 0 192917 0 0 0 SCOTT ROACH DIRECTOR OF ENGINEERING 124598 0 0 0 0 0 33880 0 28073 0 186551 0 0 0 TODD WHITE JOURNEYMAN LINEMAN 120294 0 0 0 0 0 27611 0 21511 0 169416 0 0 0 MICHAEL HICKENBOTTOM JOURNEYMAN LINEMAN 118937 0 0 0 0 0 27573 0 21511 0 168021 0 0 0 AARON NEWLAND JOURNEYMAN LINEMAN 116497 0 0 0 0 0 27592 0 28073 0 172162 0 0 0 DAVID SALMONS JOURNEYMAN LINEMAN 110000 0 0 0 0 0 27683 0 21511 0 159194 0 0 0 MICHAEL MOOSE JOURNEYMAN LINEMAN 108867 0 0 0 0 0 27711 0 21511 0 158089 0 0 0 ARIC STOVER JOURNEYMAN LINEMAN 106659 0 0 0 0 0 27692 0 28073 0 162424 0 0 0 MASON SHOEMAKER JOURNEYMAN LINEMAN 104337 0 0 0 0 0 27692 0 27830 0 159859 0 0 0 PART I, LINE 3 AS PART OF THE ANNUAL BUDGET PROCESS, NRECA PREPARES AN INDUSTRY WAGE/SALARY STUDY. THIS IS REVIEWED BY MANAGEMENT AND THE GOVERNING BODY PRIOR TO THE FINAL BUDGET BEING APPROVED AND BEFORE ANY PROPOSED WAGE ADJUSTMENTS. THIS PROCESS APPLIES TO TOP MANAGEMENT OFFICIALS, OTHER OFFICERS, AND EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 6 AS AN ELECTRIC COOPERATIVE, ANYONE HAVING AN ACTIVE ACCOUNT IN GOOD STANDING IS A MEMBER/ OWNER. FORM 990, PART VI, SECTION A, LINE 7A WHEN A MEMBER OF THE GOVERNING BODY'S TERM IS EXPIRING, A DEMOCRATIC PROCESS OF NOMINATING AND VOTING TAKES PLACE PRIOR TO THE ANNUAL MEETING. THE WINNER IS ANNOUNCED AND SWORN IN AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B ANY PROPOSED / REQUIRED CHANGES TO THE CO-OP CODE OF REGULATIONS ARE ALSO PUT BEFORE THE MEMBERS IN A SIMILAR DEMOCRATIC ELECTION PROCESS. FORM 990, PART VI, SECTION B, LINE 11B IT WILL BE PRESENTED 2 WEEKS AFTER IT IS SUBMITTED DUE TO THE TIMING OF THE DUE DATE AND THE BOARD MEETING SCHEDULE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST ARE DISCUSSED IN BOARD MEETINGS AND WE HAVE THEM FILL OUT AN INDEPENDENCE QUESTIONNAIRE YEARLY THAT ASKS QUESTIONS TO PROMPT THIS TYPE OF THINKING. OUR BOARD POLICY #404 ETHICS AND CONFLICTS OF INTEREST, IS REVIEWED PERIODICALLY TO KEEP THIS ON THE FOREFRONT OF THE BOARD MEMBERS' MINDS. FORM 990, PART VI, SECTION B, LINE 15 AS PART OF THE ANNUAL BUDGET PROCESS, MANAGMENT CONSULTS THE NRECA WAGE SALARY REPORTS TO DETERMINE ANNUAL COMPENSATION. THIS IS REVIEWED BY MANAGEMENT AND THE GOVERNING BODY PRIOR TO THE FINAL BUDGET BEING APPROVED AND BEFORE ANY PROPOSED WAGE ADJUSTMENTS. THIS PROCESS APPLIES TO TOP MANAGEMENT OFFICIALS, OTHER OFFICERS, AND EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AND STATEMENTS CAN BE MADE AVAILABLE TO THE PUBLIC IF REQUESTED ACCORDING TO FEDERAL INSTRUCTIONS. INFORMATION IS TYPICALLY AVAILABLE TO MEMBERS OF THE CO-OP WITHIN SEVEN BUSINESS DAYS. FORM 990, PART XI, LINE 9: REALLOCATION OF UNCLAIMED CAPITAL C 109,716. UNCLAIMED RETIRED CAPITAL CREDITS -551,160. CHANGE IN RETIRED CAPITAL CREDITS- 44,558. C.Y. PATRONAGE DIVIDENDS ALLOC. 642,887. FORM 990, PART XII, LINE 2C IT IS THE RESPONSIBILITY OF THE GOVERNING BODY OFFICERS AND DIRECTORS TO OVERSEE ANY AUDITS, REVIEWS, OR COMPILATIONS OF FINANCIAL STATMENTS AND TO SELECT AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION HAS SELECTED AN ACCOUNTING FIRM TO PREPARE ITS ANNUAL FINANCIAL STATEMENT AND ALSO FORM 990. FORM 990, PART XI, LINE 9 ELECTRIC CO-OOPS ARE REQUIRED TO SHOW NET MARGINS AS AN EXPENSE TO BE DISTRIBUTED TO ITS MEMBERS. SINCE NET MARGINS ARE NOT DISTRIBUTED UNTIL THE SUBSEQUENT REPORTING YEAR, ALL CO-OPS MUST SHOW THIS AS AN ADJUSTMENT ON FORM 990, PART XI, LINE 9 . QMS INC 1587 CR 32 N BELLEFONTAINE OH 43311 270034033 INACTIVE, HVAC CONTRACTOR OH