2024-08-26T11:00:05-04:00 2023-12-31 541320089 ADAMS JENKINS & CHEATHAM 231 WYLDEROSE DR MIDLOTHIAN VA 23113 990 2023-01-01 250397695 CENTRAL ELECTRIC COOPERATIVE INC CENT 7243992931 PO BOX 329/716 ROUTE 368 PARKER PA 16049 MATTHEW BOSHAW CEO/GENERAL MANAGER 7243992931 2024-08-20 true false G STEVEN GILLIAM CPA P00348264 8043231313 2024-08-20 2023 2024-08-08 14:25:15Z MATTHEW BOSHAW PO BOX 329/716 ROUTE 368 PARKER PA 16049 50342119 false X WWW.CENTRAL.COOP X 1937 PA PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PA. 8 8 82 0 0 26510064 48482789 185071 569370 1261012 1289960 27956147 50342119 156936 143019 2008496 3335578 891086 9153493 0 0 21755540 38700973 24812058 51333063 3144089 -990944 129344147 128010635 80063305 77099103 49280842 50911532 X PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNSYLVANIA. false false PROVIDSION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNSYLVANIA. THE THREE LARGEST PROGRAM SERVICES, AS MEASURED BY EXPENSES WERE AS FOLLOWS: COST OF POWER: 23,373,328 DISTRIBUTION MAINTENANCE & DISTRIBUTION OPERATION : 7,594,673 OTHER SALARIES AND WAGES: 6,265,687 PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNSYLVANIA. false false false false false false false false false true false true false true true false true false false false false false false false false false false true true false false false false false false false false false false false true true false false true 25 0 true 82 true false false false false false false false false false false false 47897068 1212924 false false false X 8 8 false false false false true true false true true false false true true true true true true true true false X CHESTER CONTI 7243992931 PO BOX 329/716 ROUTE 368 PARKER PA 16049 MATTHEW BOSHAW CEO/GENERAL 40.00 X 272146 0 82218 FRED TERWILLIGER ASSISTANT GM 40.00 X 195784 0 61578 CHESTER CONTI CFO 40.00 X 154730 0 57074 LISA A HOOVER DIRECTOR OF 40.00 X 154058 0 52583 CHRISTOPHER W KOSSMAN DIRECTOR OF 40.00 X 147019 0 53534 TERRY A KRIEBEL LINEMAN 40.00 X 136437 0 42639 DOUGLAS L MCQUISTON LINEMAN 40.00 X 136635 0 37558 GREG F BLY LINEMAN 40.00 X 136744 0 36458 ROBERT W SMITH PRESIDENT 9.00 X X 19183 0 0 NANCY D LENDYAK DIRECTOR 6.00 X 19035 0 0 ALFRED J CAMPBELL VICE PRESIDE 5.00 X X 17658 0 0 JODY P WEAVER DIRECTOR 5.00 X 17389 0 0 ALTHEA SMITH SECRETARY/TR 5.00 X X 16764 0 0 KENNETH D DURRETT DIRECTOR 4.00 X 14896 0 0 RICHARD L WEAVER DIRECTOR 3.00 X 14239 0 0 KENNETH D ETZEL DIRECTOR 4.00 X 13757 0 0 1466474 423642 25 false true false WRIGHT TREE SERVICE 26482 OLD OFFICE RD CULPEPER VA 22701 TREE TRIMMING 3665531 THE DAVEY TREE EXPERT COMPANY PO BOX 94532 CLEVELAND OH 44101 TREE TRIMMING 1401665 HAZLETT TREE SERVICE 14919 ARNOLD DRIVE TOWNVILLE PA 16360 TREE TRIMMING 1353281 THAYER POWER AND COMMUNICATION 3003 ETNA PARKWAY PATASKALA OH 43062 CONSTRUCTION 1184175 O'CONNELL ELECTRIC CO INC 7001 PERFORMANCE DRVIE SYRACUSE NY 13212 CONSTRUCTION 761166 9 SALE AND DIST. OF ELECTRIC 221000 47897068 47897068 CONT. IN AID OF CONST. 221000 535228 535228 CASH PATRONAGE RECEIVED 221000 50493 50493 48482789 472181 472181 1229543 1229543 1229543 1229543 97189 97189 97189 97189 OTHER INCOME 221000 57833 57833 EARNINGS FROM EQ. INV. 221000 2584 2584 60417 50342119 48543206 1798913 X 143019 3335578 956451 6265687 1015930 364356 551069 52620 1680097 68739 1954386 5046963 COST OF POWER 23373328 DISTRIBUTION OPS & MAINT 7594673 ADMINISTRATIVE AND GENERA 2226719 CONSUMER ACCT & CUST SERV 702491 -3999043 51333063 0 0 0 8467838 2126400 4125328 5274905 5802153 5888715 1371553 1314710 783149 600994 152965100 57850168 92146332 95114932 16647794 17689979 129344147 128010635 7388725 4169307 64150314 63750266 8524266 9179530 80063305 77099103 X 10596212 13028331 38684630 37883201 49280842 50911532 129344147 128010635 X -990944 2621634 X false true X true false 152965100 57850168 95114932 95114932 PATRONAGE CAPITAL 16448507 C CAPITAL TERM CERTIFICATES 1121188 C OTHER 120284 C 17689979 BENEFIT OBLIGATION 5211314 DEFERRED CREDITS 2187875 CONSUMER DEPOSITS 1480341 ACCUMULATED PROVISION FOR STORMS 300000 9179530 X 51333063 1526172 1526172 49806891 535228 535228 50342119 47997485 47997485 3335578 3335578 51333063 SCHEDULE D, PAGE 3, PART X THE COOPERATIVE FOLLOWS THE GUIDANCE FOR "UNCERTAIN TAX POSITIONS" IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE COOPERATIVE HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. SCHEDULE D, PAGE 4, PART XI, LINE 2D ADJ. FOR CASH PAT. REC. 1,526,172 SCHEDULE D, PAGE 4, PART XI, LINE 4B CIAC 535,228 SCHEDULE D, PAGE 4, PART XII, LINE 4B PAT. DIV. PAID TO MEMEBRS 3,335,578 true ENERY ASSISTANCE 160 90881 SCHOLARSHIPS 10 25000 HARDSHIP GRANT 60 27138 SCHEDULE I, PAGE 1, PART I, LINE 2 THE COOPERATIVE WILL ENTERTAIN DONATION REQUEST FROM NON-PROFIT ORGANIZATIONS THAT OPERATE IN THE COUNTIES SERVED BY CENTRAL ELECTRIC COOPERATIVE, INC. THE ORGANIZATIONS MUST MEET THE FOLLOWING CRITERIA: 1)NON-PROFIT ORGANIZATION UNDER THE APPLICABLE INTERNAL REVENUE CODE. 2)ORGANIZATION OPERATES IN COUNTIES SERVED BY CENTRAL ELECTRIC COOPERATIVE, INC. 3)DONATIONS MADE TO CAPITAL PROJECTS. 4)CENTRAL ELECTRIC COOPERATIVE IS NOT THE SOLE FUNDING SOURCE FOR THE CAPITAL PROJECT. QUALIFYING ORGANIZATIONS REQUEST IS PRESENTED TO THE CENTRAL ELECTRIC BOARD OF DIRECTORS FOR APPROVAL. UPON BOARD APPROVAL, FUNDS ARE DISPERSED TO THE ORGANIZATION. RECORDING OF DONATION IS CATEGORIZED UNDER CIVIC PROGRAMS FUNDED BY THE COOPERATIVE'S ESCHEATS PROGRAM. UNDER THE RETAINED ESCHEATS PROGRAM AS APPROVED BY THE COMMONWEALTH OF PENNSYLVANIA, THE COOPERATIVE IS PERMITTED TO UTILIZE RETAINED ESCHEATS FOR THE FOLLOWING PROGRAMS: 1)ENERGY ASSISTANCE 2)CIVIC 3)EDUCATION THE BOARD APPROVES THE FUNDING LEVELS FOR THE ABOVE PROGRAMS AS RECOMMENDED BY THE ESCHEATS COMMITTEE. CAPITAL PROJECTS DONATIONS OF ANY NATURE FOLLOW THE ABOVE PROCEDURES. X X false false false MATTHEW BOSHAW CEO/GENERAL MANAGER 260077 12069 53621 28597 354364 FRED TERWILLIGER ASSISTANT GM/COO 182350 13434 34754 26824 257362 CHESTER CONTI CFO 153336 1394 30780 26294 211804 LISA A HOOVER DIRECTOR OF MBR SVCS 152673 1385 30767 21816 206641 CHRISTOPHER W KOSSMAN DIRECTOR OF IT 146711 308 27560 25974 200553 TERRY A KRIEBEL LINEMAN 136162 275 17756 24883 179076 DOUGLAS L MCQUISTON LINEMAN 135889 746 16942 20616 174193 GREG F BLY LINEMAN 136062 682 17730 18728 173202 FORM 990 FORM 990, PART IX, LINE 4 BENEFITS PAID TO OR FOR MEMBERS PATRONAGE DIVIDENDS ARE PAID TO MEMBERS' ACCOUNTS IN ACCORDANCE WITH THE PRE-EXISTING OBLIGATION IN NORTHERN NECK ELECTRIC COOPERATIVE'S BY LAWS. THE CORPORATION IS OBLIGATED TO PAY BY CREDITS TO A CAPITAL ACCOUNT FOR EACH PATRON ALL SUCH AMOUNTS IN EXCESS OF OPERATING COSTS AND EXPENSES. FORM 990, PART VIII, LINE 2A PROGRAM SERVICE REVENUE STARTING IN TAXABLE YEAR 2023, CENTRAL ELECTRIC COOPERATIVE UTILIZED A NEW ACCOUNTING FIRM TO PREPARE THE FEDERAL FORM 990 AND RELATED SCHEDULES. THE PRESENTATION OF REVENUE AND EXPENSES FOR 2023 HAS BEEN CHANGED TO BE CONSISTENT WITH HOW THE FIRM PRESENTS THIS INFORMATION FROM OTHER ELECTRIC COOPERATIVES. THUS , THE COMPARATIVES BETWEEN 2022 AND 2023 ARE NOT SIMILAR IN HOW THE INFORMATION IS PRESENTED AND THE CATEGORIES IN WHICH THEY ARE PRESENTED. FORM 990, PAGE 2, PART III, LINE 4D PROVISION OF ELECTRIC DISTRIBUTION SERVICE ON A COOPERATIVE BASIS TO MEMBERS IN RURAL PENNSYLVANIA. FORM 990, PAGE 6, PART VI, LINE 6 LINE 6 EXPLANATION - MEMBERS OF RURUAL ELECTRIC COOPERATIVE ARE CONSUMERS OF ELECTRICITY. FORM 990, PAGE 6, PART VI, LINE 7A LINE 7A EXPLANATION - GOVERNING BODY IS ELECTED BY MEMBERS BY BALLOT VOTE. FORM 990, PAGE 6, PART VI, LINE 11B LINE 11A EXPLANATION - A COPY WILL BE INCLUDED IN THE BOARD PACKAGE FOR REVIEW PRIOR TO THE BOARD MEETING. THE CHIEF FINANCIAL OFFICER WILL REVIEW AND ANSWER ANY QUESTIONS THAT THE BOARD MAY HAVE. THE BOARD WILL VOTE ON APPROVING FORM 990 FOR FILING. FORM 990, PAGE 6, PART VI, LINE 12C ANNUAL REVIEW AND SIGNATURE OF CONFLICT OF INTEREST POLICIES. FORM 990, PAGE 6, PART VI, LINE 15A AN OUTSIDE CONSULTANT FROM NRECA PROVIDES THE BENCHMARKS FOR THE DIFFERENT TIERS OF EMPLOYEES. THESE FIGURES ARE PROVIDED TO THE BOARD. THE BOARD THEN APPROVES THE BENCHMARKS. THE BOARD APPROVES THE CEO'S SALARY, WHILE THE CEO APPROVES THE DEPARTMENT DIRECTORS' SALARIES BASED ON THE BENCHMARKS AND THE BUDGET APPROVED BY THE BOARD. THESE BENCHMARKS ARE UPDATED EVERY FEW YEARS. FORM 990, PAGE 6, PART VI, LINE 15B AN OUTSIDE CONSULTANT FROM NRECA PROVIDES THE BENCHMARKS FOR THE DIFFERENT TIERS OF EMPLOYEES. THESE FIGURES ARE PROVIDED TO THE BOARD. THE BOARD THEN APPROVES THE BENCHMARKS. THE BOARD APPROVES THE CEO'S SALARY, WHILE THE CEO APPROVES THE DEPARTMENT DIRECTORS' SALARIES BASED ON THE BENCHMARKS AND THE BUDGET APPROVED BY THE BOARD. THESE BENCHMARKS ARE UPDATED EVERY FEW YEARS. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE AT THE MAIN OFFICE UPON REQUEST. FORM 990, PART XI, LINE 9 NONCASH PATRONAGE ALLOCATIONS NOT REV PER IRS 1,526,172 OCI 1,363,733 PAT. DIV. PAID TO MEMBERS' ACCTS NOT EXP PER GAAP 3,335,578 CIAC NOT REVENUE PER GAAP -535,228 NET DECREASE IN MEMBERSHIPS -2,455 RETIREMENT OF CAPITAL CREDITS -3,066,166 TOTAL 2,621,634 CENTRAL ELECTRIC SERVICES CORPORATI PO BOX 329 ROUTE 368 EAST PARKER PA 16049 251869786 INTERNET PA N/A false COOPERATIVE SOLUTIONS INC PO BOX 329 ROUTE 368 EAST PARKER PA 16049 251822768 BUS. SVCS. PA N/A false false false false false false false false false false false false false false false false false false false false