2026-09-15T21:17:10+00:00 2025-12-31 440160260 FORVIS MAZARS LLP 1401 50TH STREET SUITE 350 WEST DES MOINES IA 502665935 990 2025-01-01 420243366 CLARKE ELECTRIC COOPERATIVE INC CLAR 6413422173 PO BOX 161 OSCEOLA IA 50213 CHAD MCINTOSH CEO/EV PRESIDENT 6413422173 2026-09-16 true MATTHEW C HALL P01573021 5152230159 2026-09-16 2025 CHAD MCINTOSH PO BOX 161 OSCEOLA IA 50213 18206794 false X WWW.CECNET.NET X 1939 IA TO DISTRIBUTE ELECTRICITY TO MEMBERS 9 9 26 0 54720 0 0 0 16011401 18101533 40802 -6975 55436 54720 16107639 18149278 13052 18105 725000 994160 2454360 2630539 0 0 0 12205787 13513047 15398199 17155851 709440 993427 48403797 49369964 28172035 27496919 20231762 21873045 TO DISTRIBUTE ELECTRICITY TO MEMBERS false false TO DISTRIBUTE ELECTRICITY TO MEMBERS 0 false false false false false false false false false false true true false false true false 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 false false false false false false true 18 0 true 26 true true true false false false false 17409084 740194 false false false X 9 9 false false false false true true true true true false false false true true true true true true true true false false IA X SAM WALKUP 6413422173 PO BOX 161 OSCEOLA IA 50213 CODY MILLER SECRETARY 1.8 0.0 X X 4675 0 0 LYDDA YOUMANS TREASURER 1.4 0.0 X X 3575 0 0 RANDY BARNARD ASSISTANT SEC/TREASURER 1.3 0.0 X X 4250 0 0 RANDY ROUSE VICE PRESIDENT 1.0 0.0 X X 2500 0 0 W EDWARD WHITE PRESIDENT 2.6 0.0 X X 6950 0 0 ELIZABETH BECK DIRECTOR 1.7 0.0 X 3600 0 0 LARRY KELLER DIRECTOR 2.3 0.0 X 5825 0 0 NATALIE RYDL DIRECTOR 1.1 0.0 X 2925 0 0 ZACH ROBINSON DIRECTOR 1.0 0.0 X 2250 0 0 DAVID OPIE GENERAL MANAGER 40.0 0.0 X 184954 0 77854 SAMUEL WALKUP CFO/MANAGER OF FINANCE 40.0 0.0 X 114852 0 61209 BRAD WILSON MANAGER OF ENGINEERING 40.0 0.0 X 152389 0 76167 CHAD MCINTOSH MANAGER OF OPERATIONS 40.0 0.0 X 136938 0 58123 CORY DOMMER FOREMAN 41.0 0.0 X 118068 0 52615 ERIC PAGE LINEMAN 41.8 0.0 X 115157 0 54205 ROB MCCOY FOREMAN 42.0 0.0 X 118578 0 68175 977486 0 448348 16 false true false SWARTZENTRUBER CONSTRUCTION LLC 10263 290TH STREET LAMONI IA 50140 UNDERGROUND BORING 123413 1 0 DISTRIBUTE ELECTRICITY TO MEMBERS 221000 17409086 17409086 CAPITAL CREDITS 221000 692447 692447 0 0 0 0 18101533 36999 36999 0 0 13542 57516 0 -43974 -43974 -43974 0 RESALE/METER SERVICE/OTHER 811000 47419 47419 MISCELLANEOUS REVENUE 900099 7301 7301 0 0 0 0 54720 18149278 18101533 54720 -6975 18105 994160 475419 1446281 395867 60761 252211 16069 32077 0 31226 111304 1122565 1715936 PURCHASED POWER 7956577 OPERATING EXPENSES 934283 REPAIRS & MAINTENANCE 717497 ADMINISTRATIVE 530622 344891 17155851 111968 186942 292138 685837 0 0 1426681 1635055 0 0 0 0 577255 501956 604667 625985 169573 173846 59983829 19035475 40825302 40948354 0 0 4339416 4527182 0 99 99 56698 84708 48403797 49369964 1856178 2218699 0 0 1132154 415283 0 0 0 0 0 0 25108063 24790962 0 0 75640 71975 28172035 27496919 0 0 0 0 X 0 0 0 0 20231762 21873045 20231762 21873045 48403797 49369964 X 993427 647856 X false true true false 12993 295596 308589 50676375 16378596 34297779 0 0 0 8519451 2656879 5862572 479414 479414 40948354 CLOSELY-HELD EQUITY INTERESTS FINANCIAL DERIVATIVES PATRONAGE CAPITAL ALLOCATIONS 4168224 F CAPITAL TERM CERTIFICATES 357343 F INVESTMENT IN ASSOCIATED ORGS 1615 C 4527182 FEDERAL INCOME TAXES CUSTOMER DEPOSITS 71975 71975 18138532 43974 43974 18094558 54720 54720 18149278 16150945 43974 43974 16106971 1048880 1048880 17155851 SCHEDULE D, PART X, LINE 2 UNCERTIAN TAX POSITIONS MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 2(D) OTHER REVENUES IN AUDITED FINANCIAL STATEMENTS NOT IN FORM 990 LOSS ON SALE OF ASSET - 43974 SCHEDULE D, PART XI, LINE 4(B) OTHER REVENUES IN FORM 990 NOT IN AUDITED FINANCIAL STATEMENTS EXPENSES IN AUDIT REVENUE - 54720 SCHEDULE D, PART XII, LINE 2(D) OTHER EXPENSES IN AUDITED FINANCIAL STATEMENTS NOT IN FORM 990 LOSS ON SALE OF ASSET - 43974 SCHEDULE D, PART XII, LINE 4(B) OTHER EXPENSES IN FORM 990 NOT IN AUDITED FINANCIAL STATEMENTS EXPENSES IN AUDIT REVENUE - 54720 PATRONAGE CREDITS ALLOCATED TO MEMBERS - 994160 X true true X X false false false DAVID OPIE GENERAL MANAGER 184654 0 300 0 0 0 3644 0 74210 0 262808 0 0 0 SAMUEL WALKUP CFO/MANAGER OF FINANCE 114552 0 300 0 0 0 1200 0 60009 0 176061 0 0 0 BRAD WILSON MANAGER OF ENGINEERING 152089 0 300 0 0 0 12833 0 63334 0 228556 0 0 0 CHAD MCINTOSH MANAGER OF OPERATIONS 136638 0 300 0 0 0 0 0 58123 0 195061 0 0 0 CORY DOMMER FOREMAN 117768 0 300 0 0 0 0 0 52615 0 170683 0 0 0 ROB MCCOY FOREMAN 118278 0 300 0 0 0 11275 0 56900 0 186753 0 0 0 ERIC PAGE LINEMAN 114857 0 300 0 0 0 2250 0 51955 0 169362 0 0 0 SCHEDULE J, PART I, LINE 1A HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES CLARKE ELECTRIC COOPERATIVE, INC. PROVIDES FITNESS CENTER MEMBERSHIP DUES OF $175.IN 2025, SAM WALKUP RECEIVED THIS BENEFIT. THE REIMBURSEMENT WAS NOT TREATED AS TAXABLE COMPENSATION. FORM 990, PART VI, LINE 7A MEMBERS OR STOCKHOLDERS ELECTING MEMBERS OF GOVERNING BODY MEMBERS ELECT ONE DIRECTOR FROM 3 DISTRICTS ANNUALLY FOR A TERM OF THREE YEARS. THE SERVICE AREA INCLUDES SEVEN DISTRICTS, AND 3 DIRECTORS ARE UP FOR ELECTION ON A ROTATING SCHEDULE. ELECTIONS MUST BE CONTESTED. A DIRECTOR CAN SERVE 5 3-YEAR TERMS, OR 15 YEARS, AND THEN THEY ARE NO LONGER ELIGIBLE FOR RE-ELECTION. TWO DIRECTORS ARE CONSIDERED AT LARGE. FORM 990, PART VI, LINE 7B DECISIONS REQUIRING APPROVAL BY MEMBERS OR STOCKHOLDERS THE COOPERATIVE CANNOT SELL OR LIQUIDATE MAJOR PORTIONS OF BUSINESS ASSETS OR COMPLETE PLANS OF MERGER WITHOUT AN AFFIRMATIVE VOTE BY THE MEMBERS. FORM 990, PART VI, LINE 11B REVIEW OF FORM 990 BY GOVERNING BODY AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY MANAGEMENT. ANY QUESTIONS OR CONCERNS MANAGEMENT HAS ARE ADDRESSED AND CORRECTIONS OR CLARIFICATIONS ARE MADE. THE FINAL 990 WITH ALL REQUIRED SCHEDULES IS THEN PROVIDED TO ALL VOTING MEMBERS OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, LINE 12C CONFLICT OF INTEREST POLICY OFFICERS AND DIRECTORS OF THE ORGANIZATION ARE ASKED TO REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. POSSIBLE CONFLICT OF INTEREST IS REPORTED TO THE GENERAL MANAGER OR IF INVOLVES THE GENERAL MANAGER, IT SHOULD BE REPORTED TO THE PRESIDENT OF THE BOARD OF DIRECTORS OR THE COOPERATIVE'S LEGAL COUNSEL. FORM 990, PART VI, LINE 15A PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL THE NRECA DATA FOR THE GM'S WAGES ARE COMPARED TO THE NATIONAL, REGIONAL, AND STATE WAGE RANGES ON AN ANNUAL BASIS BY THE BOARD OF DIRECTORS IN RELATIONSHIP WITH THE MANAGERS EVALUATION. THE LAST REVIEW WAS PERFORMED IN 2025. FORM 990, PART VI, LINE 15B PROCESS TO ESTABLISH COMPENSATION OF OTHER EMPLOYEES THE CFO'S WAGES ARE REVIEWED ANNUALLY BY THE CEO AND HR MANAGER USING NRECA DATA, NATIONAL, REGIONAL, AND STATE WAGE RANGES. FORM 990, PART VI, LINE 19 REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC THE COMPANY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES PATRONAGE CREDITS ALLOCATED TO MEMBERS - 994160; PATRONAGE CREDITS RETIRED - -346304; TOTAL - 647856;