2026-06-30T12:05:24-05:00 2025-12-31 450250958 EIDE BAILLY LLP 345 N REID PL STE 400 SIOUX FALLS SD 571037034 990 2025-01-01 833492758 4 RIVERS ELECTRIC COOPERATIVE INC 4RIV 6203642116 2731 MILO TER LEBO KS 66856 DENNIS SVANES CEO 6203642116 2026-06-23 1 LAURIE HANSON CPA P00851848 6053391999 2026-06-23 2025 2025-03-06 01:10:19Z DENNIS SVANES 2731 MILO TER LEBO KS 66856 29598491 0 X HTTPS://4RIVERSELECTRIC.COM/ X 2020 KS TO PROVIDE ELECTRICITY SERVICE TO MEMBERS. 9 9 53 0 0 0 0 0 28823848 29443810 1228121 61578 67974 11963 30119943 29517351 5252 5570 2465852 2607802 2216464 2259710 0 0 0 24133144 24572600 28820712 29445682 1299231 71669 86329356 88533827 42140803 42412700 44188553 46121127 SERVING AND CARING. 0 0 4 RIVERS ELECTRIC COOPERATIVE IS A RURAL ELECTRIC COOPERATIVE SERVING 7,663 MEMBERS ALONG 3,992 MILES OF ELECTRIC LINE IN EAST AND CENTRAL KANSAS. THE GOAL IS TO PROVIDE CONSISTENT, RELIABLE ELECTRIC SERVICE TO OUR MEMBERS AT A REASONABLE COST, CONSISTENT WITH MAINTAINING SOUND BUSINESS PRACTICES. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 51 0 1 53 1 0 0 0 0 0 29957517 326613 0 0 0 X 9 9 0 0 1 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 X JOANNE KOLB 6203642116 2731 MILO TER LEBO KS 66856 LARRY FELTS PRESIDENT 7.00 X X 5850 0 0 STACY HEINS VICE PRESIDENT 1.00 X X 1250 0 0 WARREN SCHMIDT SECRETARY 3.00 X X 5565 0 0 LOREN DICKENS JR TREASURER 5.00 X X 7850 0 0 RANDALL BUNNEL TRUSTEE 1.00 X 4150 0 0 ROBERT CONVERSE TRUSTEE 1.00 X 3150 0 0 TOM AYERS TRUSTEE 1.00 X 3450 0 0 DAVID KUNKEL TRUSTEE 1.00 X 3500 0 0 A EUGENE HUSTON TRUSTEE 1.00 X 3900 0 0 JOANNE KOLB CHIEF FINANCIAL OFFICER 45.00 X 210820 0 99473 MARK DOEBELE ASST GM/CHIEF OPERATING OFFICER 50.00 X 233046 0 234073 DENNIS SVANES CHIEF EXECUTIVE OFFICER 50.00 X 364778 0 125776 KEN CAUDELL CHIEF TECHNICAL OFFICER 45.00 X 170519 0 91247 CHAD GUIMOND JOURNEYMAN LINEMAN 44.60 X 144071 0 47094 BRYAN SOBBA LINE FOREMAN 43.60 X 140720 0 40902 ZACK PEAK SAFETY & LINE MANAGER 41.70 X 145337 0 103404 TATE LINDBERG JOURNEYMAN LINEMAN 44.70 X 134591 0 35295 1582547 0 777264 24 0 1 0 POOR BOY TREE SERVICE INC 273 EAST 410TH ROAD FAIR PLAY MO 65649 RIGHT OF WAY 826113 ROW PRO LLC 5319 CR 5800 CHERRYVALE KS 67335 RIGHT OF WAY 417825 OSMOSE UTILITIES SERVICES INC PO BOX 736729 DALLAS TX 75373 POLE TESTING 333650 3 SALE OF ELECTRICITY 221000 28895174 28895174 CAPITAL CREDITS 221000 297921 297921 OTHER OPERATING REVENUE 221000 202862 202862 RENT FROM ELECTRIC PROPERTY 221000 42891 42891 MISCELLANEOUS INCOME 221000 4962 4962 29443810 37578 37578 28701 0 28701 28701 28701 24000 0 24000 24000 24000 64402 81140 -16738 -16738 29517351 29384181 0 133170 5570 2607802 1229645 856283 173782 152539 80074 428030 1032 1467831 2608844 COST OF POWER 12295102 DISTRIBUTION - OPERATIO 3304219 DISTRIBUTION - MAINTENA 2810352 CUSTOMER ACCOUNTS & SER 872213 552364 29445682 4358414 101548 2846334 2628573 177179 1989472 301747 314171 107222965 36882274 66727964 70340691 1923621 3005557 9816656 9976456 168776 168776 8665 8583 86329356 88533827 3071835 2451283 470103 438458 37882059 36984024 1700000 716806 838935 42140803 42412700 X 0 0 0 0 44188553 46121127 44188553 46121127 86329356 88533827 X 71669 1860905 X 0 1 X 1 0 636855 636855 9452444 2229074 7223370 96046540 34653200 61393340 1087126 1087126 70340691 OTHER COOPERATIVE INVESTMENTS 86688 C KANSAS ELECTRIC POWER COOP 8359383 C KANSAS ELECTRIC COOPERATIVE 12704 C FEDERATED INSURANCE 281707 C COBANK 589053 C COOPERATIVE FINANCE CORPORATION 297337 C NATIONAL RURAL TELECOMMUNICATIONS COOPERATIVE 157026 C NATIONAL INFORMATION SOLUTIONS COOPERATIVE 139440 C ARKANSAS ELECTRIC COOPERATIVE 53118 C 9976456 CUSTOMER DEPOSITS 838935 838935 X 29517351 0 29517351 0 29517351 26837880 0 26837880 2607802 2607802 29445682 PART X, LINE 2: IN CONFORMITY WITH ITS BYLAWS, THE COOPERATIVE CONDUCTS ITS OPERATIONS ON A COOPERATIVE BASIS. ANNUAL REVENUE, IN EXCESS OF THE COST OF PROVIDING SERVICE, IS ALLOCATED IN THE FORM OF CAPITAL CREDITS TO THE MEMBERS' CAPITAL ACCOUNTS ON THE BASIS OF PATRONAGE. THE COOPERATIVE 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 IT HAS ANY UNCERTAIN TAX POSITIONS IS DETERMINED ON AN ANNUAL BASIS BY THE COOPERATIVE. WHILE THE COOPERATIVE BELIEVES IT HAS ADEQUATELY PROVIDED FOR ALL TAX POSITIONS, AMOUNTS ASSERTED BY TAXING AUTHORITIES COULD BE DIFFERENT THAN THE POSITIONS TAKEN BY THE COOPERATIVE. THE COOPERATIVE RECOGNIZES ANY INTEREST AND PENALTIES ASSESSED BY TAXING AUTHORITIES IN INCOME TAX EXPENSE. PART XII, LINE 4B - OTHER ADJUSTMENTS: 2025 PATRONAGE ALLOCATION IN 2026 2,607,802. X 0 1 X X 0 0 0 DENNIS SVANES CHIEF EXECUTIVE OFFICER 352593 0 7991 0 4194 0 94469 0 34542 0 493789 0 0 0 MARK DOEBELE ASST GM/CHIEF OPERATING OFFICER 224583 0 5991 0 2472 0 203941 0 32492 0 469479 0 0 0 JOANNE KOLB CHIEF FINANCIAL OFFICER 203295 0 5914 0 1611 0 72656 0 29003 0 312479 0 0 0 KEN CAUDELL CHIEF TECHNICAL OFFICER 168689 0 1071 0 759 0 62115 0 30889 0 263523 0 0 0 ZACK PEAK SAFETY & LINE MANAGER 141859 0 2571 0 907 0 73486 0 31386 0 250209 0 0 0 CHAD GUIMOND JOURNEYMAN LINEMAN 143389 0 459 0 223 0 21227 0 27146 0 192444 0 0 0 BRYAN SOBBA LINE FOREMAN 140061 0 659 0 0 0 16110 0 26071 0 182901 0 0 0 TATE LINDBERG JOURNEYMAN LINEMAN 134011 0 459 0 121 0 9327 0 27149 0 171067 0 0 0 PART I, LINE 1A ALL EMPLOYEE CHRISTMAS GIFTS ARE GROSSED UP AND A GROSS-UP TAXABLE PAYMENT IS PAID THROUGH PAYROLL. PART I, LINE 1B CEO APPROVES THE GROSS-UP OF THE CHRISTMAS GIFT. FORM 990, SCHEDULE J, PART II AS REQUIRED PER THE INSTRUCTIONS OF FORM 990 AND SCHEDULE J, THE AMOUNT REPORTED IN SCHEDULE J COLUMN C IS THE CHANGE IN ACTUARIAL VALUE IN THE DEFINED BENEFIT PLAN RATHER THAN THE EXPENSE ON THE BOOKS OF THE COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 4 ARTICLE III, SECTION 4 CHANGED TO REQUIRE 50 MEMBERS BE PRESENT IN PERSON TO CONSTITUTE A QUOROM. PREVIOUSLY, 75 MEMBERS WERE REQUIRED. FORM 990, PART VI, SECTION A, LINE 6 ALL ELECTRIC CUSTOMERS ARE VOTING MEMBERS OF THE COOPERATIVE. EACH MEMBER HAS ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS VOTE FOR THE BOARD OF TRUSTEES AT THE COOPERATIVE'S ANNUAL MEETING. THE BOARD CONSISTS OF 7-14 MEMBERS WITH 3 YEAR TERMS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS VOTE ON CHANGES TO BY-LAWS AND ARTICLES OF INCORPORATION. THERE IS ONE CLASS OF MEMBERSHIP. DISPOSITION OF ALL OR ANY SUBSTANTIAL PORTION OF THE ELECTRIC TRANSMISSION AND DISTRIBUTION SYSTEM MAY NOT OCCUR WITHOUT AUTHORIZATION BY THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B THE COOPERATIVE DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE CFO REVIEWS THE 990 IN DETAIL. THE BOARD RECEIVES A COPY OF THE 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL MEMBERS OF THE BOARD OF TRUSTEES. THE CEO AND THE BOARD OF TRUSTEES REVIEW THE POTENTIAL CONFLICTS TO DETERMINE IF A CONFLICT EXISTS. IF A CONFLICT EXISTS, THE CONFLICTED BOARD MEMBER OR OFFICER IS EXCLUDED FROM DISCUSSIONS AND VOTING RELATED TO THE POTENTIAL OR EXISTING RELATIONSHIP INVOLVING THE CONFLICT OF INTEREST. THE REMAINING BOARD MEMBERS AND OFFICERS WILL REVIEW, FOR FAIRNESS, ALL PAST TRANSACTIONS INVOLVING THE CONFLICT OF INTEREST. LEGAL REMEDIES WILL BE CONSIDERED IF NEEDED. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES ON AN ANNUAL BASIS. COMPENSATION FOR OTHER OFFICERS IS REVIEWED AND APPROVED BY THE CEO ANNUALLY. BOTH REVIEW AND APPROVAL ARE COMPLETED ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -746,897. 2025 PATRONAGE ALLOCATION IN 2026 2,607,802.