2024-10-02T09:50:47-04:00 2023-12-31 731293012 BRISCOE BURKE & GRIGSBY LLP 4120 E 51ST STREET TULSA OK 741353639 990 2023-01-01 752871400 UNITED ELECTRIC COOPERATIVE SERVICES INC UNIT 8175564000 PO BOX 1809 BURLESON TX 76097 RUSSELL YOUNG SR VP FINANCE & ACCT 8177828394 2024-10-01 true false MICHAEL K BURKE CPA P00054433 9187498337 2024-10-01 2023 2024-10-15 13:58:12Z UNITED COOPERATIVE SERVICES CAMERON SMALLWOOD PO BOX 1809 BURLESON TX 76097 363025382 false X WWW.UCS.NET X 1938 TX UNITED'S MISSION IS TO PROVIDE EXCEPTIONAL SERVICE AND VALUE TO ITS MEMBERS. UNITED'S SIGNIFICANT ACTIVITIES INCLUDE PROVIDING ELECTRIC DISTRIBUTION AND INTERNET SERVICES TO OUR MEMBERS (101,000+ ELECTRIC METERS AND 22,000+ INTERNET SUBSCRIBERS AS OF YEAR-END)ON A COOPERATIVE BASIS. 7 7 245 -251198 0 360732979 358770879 390997 1319641 4499509 1986548 365623485 362077068 67609 87746 19604506 11313873 23367590 25353183 0 0 325817373 329376230 368857078 366131032 -3233593 -4053964 1250165021 1331388377 953511245 1027509203 296653776 303879174 X UNITED'S MISSION IS TO PROVIDE EXCEPTIONAL SERVICE AND VALUE TO ITS MEMBERS. UNITED'S SIGNIFICANT ACTIVITIES INCLUDE PROVIDING ELECTRIC DISTRIBUTION AND INTERNET SERVICES TO OUR MEMBERS (101,000+ ELECTRIC METERS AND 22,000+ INTERNET SUBSCRIBERS AS OF YEAR-END)ON A COOPERATIVE BASIS. false false TO PROVIDE ELECTRICITY TO OUR MEMBERS - 103,333 ACTIVE SERVICES AT YEAR-END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS AND WERE ALLOCATED PATRONAGE CAPITAL. TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. false false false false false false false false false true false true true true true true false false false false false false false false false false true false true false false false false false true false false false false false true false false true 74 0 true 245 true false false false false false 356555260 3055210 false false false X 7 7 false false false false true true true true true false false true true true true true true true true false X THE COOPERATIVE 8177828394 PO BOX 1809 BURLESON TX 76097 HARRY THOMPSON SEC / TREAS 10.00 X 43447 0 0 THOMAS CANTRELL VICE PRESIDE 12.00 X 40539 0 0 JOHN JONES DIRECTOR 7.00 X 32795 0 0 CLIFFORD DEAL DIRECTOR 7.00 X 26093 0 0 PATSY DUMAS PRESIDENT 6.00 X 38495 0 0 EDWARD CARDIN DIRECTOR 11.00 X 38069 0 0 MARK CASTLEBERRY DIRECTOR 14.00 X 43700 0 0 CAMERON SMALLWOOD CEO/GM 55.00 X 752243 0 120600 MARTIN HAUGHT ASST. GM/COO 50.00 X 391288 0 117883 QUENTIN HOWARD SR VP ENGINE 50.00 X 287844 0 98348 ROBERT BERNHOFT SR VP IS&S 50.00 X 290528 0 83712 JARED WENNERMARK SR VP PLANNI 50.00 X 285390 0 98348 RUSSELL YOUNG SR VP FINANC 50.00 X 266237 0 77756 BLAKE BEAVERS VP CORP STRA 50.00 X 219607 0 70029 KEVIN KEESEE VP HR & SAFE 50.00 X 228198 0 69932 CORY MENZEL VP IS&T 50.00 X 209040 0 77222 JEFF PANNELL VP BUSINESS 50.00 X 199870 0 75263 TRAVIS ASHWORTH DISTRICT FOR 55.00 X 220516 0 59818 ARICK WIENECKE DISTRICT FOR 57.00 X 221113 0 59841 THOMAS SMITH LINE CREW CH 56.00 X 199872 0 56577 JEREMIAH ESQUELL DISTRICT FOR 53.00 X 209671 0 59818 BENJAMIN PERRY DISTRICT FOR 54.00 X 208321 0 59841 4452876 1184988 93 false true false JOHNSON COMMUNICATIONS 4545 S I 35W ALVARADO TX 76009 FIBER CONTRACTO 36601562 THE ARBOR EXPERTS 3118 FM 528 333 WEBSTER TX 77598 VEGETATION MGMT 15260230 SCOTT POLE LINE LLC 150 CR 224 STEPHENVILLE TX 76401 OVERHEAD CON 13050617 PULSE BROADBAND LLC 2121 COOPERATIVE WAY SUITE 600 HERNDON VA 20171 CONSULT BRDBND 8391406 TEXAS STATE UTILITIES 3112 WICHITA COURT FORT WORTH TX 76140 UNDERGROUND CON 6992777 18 SALES OF ELECTRICITY 221000 340619994 340619994 BROADBAND SALES 221000 15935266 15935266 PATRONAGE DIVIDENDS 221000 2215619 2215619 358770879 884543 884543 11785 11785 933380 933380 933380 933380 654744 219646 435098 435098 435098 477470 728668 -251198 -251198 DEBT SECURITIZATION PROCEEDS 1087671 1087671 SECURITIZATION SERVICING 204910 204910 1292581 362077068 358770879 -251198 3557387 X 87746 11313873 4282476 14388672 5439036 1242999 11623 15690681 29927845 COST OF POWER 257829359 DISTRIBUTION 8969269 GENERAL & ADMINISTRATIVE 3641309 CONSUMER EXPENSE 2869280 10436864 366131032 0 0 0 52085035 25908140 87248 42441978 34275475 15624815 13063975 470625 943835 853432742 177249942 557400769 676182800 125450023 126957052 456604528 454057100 1250165021 1331388377 86162967 60823002 852007413 949358115 15340865 17328086 953511245 1027509203 X 130955 125130 11198049 13182727 285324772 290571317 296653776 303879174 1250165021 1331388377 X -4053964 11279362 X false true X true false 886726 886726 852546016 177249942 675296074 676182800 INVESTMENTS IN ASSOCIATED 122023466 C PLEDGES FOR ECONOMIC DEVEL. & SCHOL. 2674806 C CAPITAL CONTRIB - SECURITIZATION LLC 2258475 C SPECIAL FUNDS 305 C 126957052 REGULATORY ASSET 438750544 FAS 106 POST RETIREMENT OBLIGATION 15306556 454057100 OTHER DEFERRED CREDITS 5998017 CONSUMER DEPOSITS 4780383 BROADBAND UNEARNED REVENUE 2334601 EXECUTIVE BENEFIT RESTORATION 1852870 BROADBAND SPECIAL EQUIPMENT LABOR 1146360 UNEARNED REVENUE 865855 APBO CURRENT PORTION CREDIT 350000 17328086 X 362236294 159226 159226 362077068 362077068 354817159 354817159 11313873 11313873 366131032 SCHEDULE D, PAGE 3, PART X THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. SIGNIFICANT REQUIREMENTS OF THESE STATUTES PROVIDE THAT AT LEAST 85 PERCENT OF INCOME CONSISTS OF AMOUNTS COLLECTED FROM MEMBERS FOR THE SOLE PURPOSE OF MEETING LOSSES AND EXPENSES. SCHEDULE D, PAGE 4, PART XI, LINE 2D GAIN ON PREPAID DEBT 159,226 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE DIVIDENDS - ALLOCATED 11,313,873 true JOHNSON COUNTY LIVESTOCK ASSOCIATIO PO BOX 72 CLEBURNE TX 76033 510187826 501C3 6525 STUDENT SUPPORT NATIONAL RURAL UTILITIES COOPERATIV 20170 COOPERATIVE WAY DULLES VA 20166 520891669 501C4 5500 SUPPORT COOPERATIVES TEXAS ELECTRIC COOPERATIVES PO BOX 201338 DALLAS TX 75320 741007829 7400 STUDENT SPONSORSHIP 2 1 X X X X false false false CAMERON SMALLWOOD CEO/GM 604307 91140 56796 92730 27870 872843 MARTIN HAUGHT ASST. GM/COO 314179 47718 29391 91288 26595 509171 QUENTIN HOWARD SR VP ENGINEERING 241640 17231 28973 72280 26068 386192 ROBERT BERNHOFT SR VP IS&S 256590 17681 16257 72280 11432 374240 JARED WENNERMARK SR VP PLANNING 257382 13433 14575 72280 26068 383738 RUSSELL YOUNG SR VP FINANCE & ACCT 241018 12689 12530 51908 25848 343993 BLAKE BEAVERS VP CORP STRATEGY 208569 9721 1317 44610 25419 289636 KEVIN KEESEE VP HR & SAFETY 204506 11912 11780 44476 25456 298130 CORY MENZEL VP IS&T 184539 14359 10142 52031 25191 286262 JEFF PANNELL VP BUSINESS DEVELOP 177429 13673 8768 50184 25079 275133 TRAVIS ASHWORTH DISTRICT FOREMAN 199180 15129 6207 35401 24417 280334 ARICK WIENECKE DISTRICT FOREMAN 200390 14556 6167 35401 24440 280954 THOMAS SMITH LINE CREW CHIEF 176211 16821 6840 32298 24279 256449 JEREMIAH ESQUELL DISTRICT FOREMAN 187426 15839 6406 35401 24417 269489 BENJAMIN PERRY DISTRICT FOREMAN 188194 13960 6167 35401 24440 268162 CAMERON SMALLWOOD GM/CEO BRAZOS DIRECTOR false HARRY THOMPSON DIRECTOR BRAZOS ALT. DIRECTOR false FORM 990 - ORGANIZATION'S MISSION UNITED'S MISSION IS TO PROVIDE EXCEPTIONAL SERVICE AND VALUE TO ITS MEMBERS. UNITED'S SIGNIFICANT ACTIVITIES INCLUDE PROVIDING ELECTRIC DISTRIBUTION AND INTERNET SERVICES TO OUR MEMBERS (101,000+ ELECTRIC METERS AND 22,000+ INTERNET SUBSCRIBERS AS OF YEAR-END)ON A COOPERATIVE BASIS. FORM 990, PAGE 2, PART III, LINE 4D TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS FORM 990, PAGE 6, PART VI, LINE 7A YES FORM 990, PAGE 6, PART VI, LINE 7B MEMBERS MUST APPROVE ANY CHANGES IN THE ARTICLES OF CONSOLIDATION AND APPROVE SPECIFIC TRANSACTIONS AS DESCRIBED IN THE ARTICLES OF CONSOLIDATION. FORM 990, PAGE 6, PART VI, LINE 11B UNITED HAS ENGAGED A CPA FIRM TO PERFORM AN AUDIT AND PREPARE THE FORM 990. PRIOR TO FILING THE FORM 990, THE BOARD APPROVES THE AUDIT THAT IS USED AS THE BASIS FOR THE FORM 990. ADDITIONAL INFORMATION REQUIRED FOR THE FORM 990 IS PROVIDED BY UNITED EMPLOYEES. THE BOARD HAS REVIEWED THIS FORM 990. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD REVIEWS THE POLICY NOT LESS THAN ANNUALLY AND ADDRESSES ANY POSSIBLE CONFLICTS. FORM 990, PAGE 6, PART VI, LINE 15A AN INDEPENDENT CONSULTANT USES MARKET BASED DATA FROM INDUSTRY AND GEOGRAPHIC STUDIES FOR THE CEO'S COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 15B AN INDEPENDENT CONSULTANT USES MARKET BASED DATA FROM INDUSTRY AND GEOGRAPHIC STUDIES FOR THE COMPENSATION OF EACH JOB GRADE/CLASSIFICATION. FORM 990, PAGE 6, PART VI, LINE 19 FINANCIAL STATEMENTS ARE MAILED TO ACTIVE MEMBERS ANNUALLY; OTHER DOCUMENTS UPON REQUEST. FORM 990, PART VIII FORM 990, PART IX THE COOPERATIVE'S ACCOUNTING RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS REQUIRED BY ITS REGULATORY AGENCY. THE UNIFORM SYSTEM OF ACCOUNTS DOES NOT RECORD EXPENSES IN THE EXPENSE CATEGORIES PROVIDED ON PART IX LINES 1-23. THEREFORE, OTHER EXPENSES LINE 24 INCLUDES EXPENSES THAT ARE DESCRIBED IN LINES 1-23, BUT REPORTED USING THE UNIFORM SYSTEM OF ACCOUNTS. FORM 990, PART XI, LINE 9 INCREASE IN ACCUM OCI 1,848,926 PATRONAGE DIVIDEND ALLOCATION 11,313,873 GAIN ON PREPAID DEBT 159,226 TRANSFER FROM OTHER EQUITY 4,191,636 CAPITAL CONTRIBUTION - SECURITIZATION 0 DECREASE IN MEMBERSHIPS -5,825 DECREASE IN OTHER EQUITIES -4,228,474 RETIREMENT OF CAPITAL CREDITS -2,000,000 TOTAL 11,279,362 MEMBER ASSISTANCE PROGRAM INC 3309 NORTH MAIN CLEBURNE TX 76033 752848163 DONATIONS TX 501C3 10 UNITED COO UNITED ELECTRIC COOPERATIVE SERVICE false false true false false false false false false false false false false false true true false false true false MEMBER ASSISTANCE PROGRAM INC B 357467 MEMBER ASSISTANCE PROGRAM INC N 1 MEMBER ASSISTANCE PROGRAM INC R 1