2024-11-13T10:28:44-07:00 2023-12-31 990 2023-01-01 930122793 CONSUMERS POWER INC CONS 5419293124 PO Box 1180 Philomath OR 97370 Scott Muller Treasurer/CFO 5419298555 2024-05-28 1 2023 2024-10-15 13:58:12Z James M Ramseyer PO Box 1180 Philomath OR 97370 51938913 0 X www.cpi.coop X 1939 OR Provides electric service to the organization's member-consumers. 9 9 76 0 0 0 0 0 46634874 50979657 580993 959256 0 0 47215867 51938913 0 0 1035559 1311846 4553980 4739328 0 0 0 40870312 40756851 46459851 46808025 756016 5130888 154350718 163148450 92165186 95249322 62185532 67899128 Provide electric service to our members-consumers. 0 0 46808025 Purchase, transmit and sell electric energy, and for this purpose, operate and maintain transmission and distribution lines. 0 0 0 46808025 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 34 0 1 76 1 1 1 0 0 0 0 50313905 1476182 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X James M Ramseyer CEO 5419293124 PO Box 1180 Philomath OR 97370 James Ramseyer President/CEO 40 X 248755 0 215272 Billy H Terry Chief Operating Officer 40 X 251569 0 114650 Roman E Gillen President/CEO 40 X X 237474 0 86932 Scott A Muller Treasurer/CFO 40 X 208605 0 112386 Denise Downs Chief Administrative Officer 40 X 199090 0 78377 Shawn Foultner Meter/Relay Technician 56 X 207353 0 52538 Aric T Williamson Foreman 49 X 205865 0 50494 Cody M Collier Journeyman Lineman 53 X 213158 0 36507 L Russ Sapp Chairman 5 X X 11675 5800 0 Bill Rauch Director 5 X 7850 5800 0 Eric Horning Vice President 5 X X 7400 5800 0 Shane Russell Director 5 X 11675 1100 0 Terrill Plagmann Secretary 5 X X 6500 5800 0 Gerald P Etzel Director 5 X 10775 0 0 Kevin Christopher Assistant Secretary 5 X X 7625 0 0 Sara Brian Director 5 X 4925 0 0 Joyce Maitland Director 5 X 4050 0 0 1844344 24300 747156 41 1 1 0 Southwire Company 75 Remitance Drive 6815 Chicago IL 60675 Wire and Cable 149603 Wiggins Family LLC 15951 Camino Dr ORO La Pine OR 97739 Drone Inspection 287130 2 0 0 0 0 0 0 0 0 Revenue from energy sales 221000 50350806 50350806 0 0 Rent from electric property 221000 148826 148826 0 0 Other income 221000 480025 480025 0 0 0 0 0 0 50979657 939588 0 0 939588 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19668 0 0 0 19668 19668 19668 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 51938913 50999325 0 939588 0 0 0 1311846 1018878 0 3720450 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3587262 0 5185054 0 Purchased Power 16822563 Transmission and distribution 9785404 Consumer accounts, sales and service 1315689 Administrative and general 2472216 1588663 46808025 0 0 0 573346 1066761 0 0 0 0 14028699 15653790 0 0 0 0 0 0 2538867 3390463 1187550 1128204 209156031 87364977 116742480 121791054 0 0 17345095 18366995 0 1934681 1751183 154350718 163148450 2579385 3224567 0 0 0 0 0 84485707 86825365 0 5100094 5199390 92165186 95249322 X 18714 18918 15307129 16053561 46859689 51826649 62185532 67899128 154350718 163148450 X 5130888 0 0 0 0 582708 X 0 1 1 1 1 0 3012408 3012408 0 12879282 3183167 9696115 0 0 0 0 0 11750139 6604723 5145416 0 181514202 77577087 103937115 121791054 PNGC - membership, patronage, CTC 1990548 C NRUCFC - membership, patronage, CT 4205259 C Casco Communications - equity investment 5196283 C Federated Insurance - patronage 375644 C Pioneer Telephone - patronage 128882 C Notes Receivable from Subsidiary 6210191 C Other 260188 C 18366995 Consumer deposit 348348 Accured interest 331085 Other current and accrued liabilities 2081193 Deferred credits and other liabilities 2438764 5199390 0 0 0 Billy H Terry Chief Operating Officer 250899 0 0 0 670 0 89922 0 24059 0 365550 0 0 0 James Ramseyer President/CEO 246763 0 0 0 1992 0 202288 0 10991 0 462034 0 0 0 Roman E Gillen President/CEO 234818 0 0 0 2656 0 70003 0 14273 0 321750 0 0 0 Cody M Collier Journeyman Lineman 210909 0 0 0 2249 0 17318 0 19001 0 249477 0 0 0 Scott A Muller Treasurer/CFO 205833 0 0 0 2772 0 98623 0 10991 0 318219 0 0 0 Shawn Foultner Meter/Relay Technician 206048 0 0 0 1305 0 34896 0 17417 0 259666 0 0 0 Aric T Williamson Foreman 204533 0 0 0 1332 0 31281 0 19001 0 256147 0 0 0 Denise Downs Chief Administrative Officer 196476 0 0 0 2614 0 64773 0 10991 0 274854 0 0 0 Form 990, Part VI, Section A, Line 6 Form 990, Part VI, Section A, Line 6 - Consumers Power is a non profit electric cooperative. Any person, firm, association, corporation, or body politic or subdivision thereof, may become a member by receiving electric service from the Cooperative and by paying the membership fee. Form 990, Part VI, Section A, Line 7a Form 990, Part VI, Section A, Line 7a - Each member of the cooperative present at the Annual Meeting or voting by mail shall be entitled to vote for one candidate from each zone. The service area of the Cooperative shall be divided into nine zones, each to contain approximately the same number of members. Each zone shall be represented by one director. Form 990, Part VI, Section A, Line 7b Form 990, Part VI, Section A, Line 7b - Each member shall be entitled to one vote and no more upon each matter submitted to a vote at a meeting of the members. At all meetings of the members at which a quorum is present all questions shall be decided by a majority of the members voting thereon at such meeting. Form 990, Part VI, Section B, Line 11b Form 990, Part VI, Section B, Line 11b - The Form 990 is reviewed by President/CEO and the Board of directors at a regularly scheduled meeting. Form 990, Part VI, Section B, Line 12c Form 990, Part VI, Section B, Line 12c - Part of the annual review of Form 990. Form 990, Part VI, Section B, Line 15 Form 990, Part VI, Section B, Line 15 - Compensation of the CEO and key staff is reviewed and approved annually by the Board of Directors. The Board is afforded comparable compensation information for the electric industry by a regional organization. Form 990, Part VI, Section C, Line 18 Form 990, Part VI, Section C, Line 18 - Consumers Power Inc. IRS Form 990 is available on the internet at such sites as www.guidestar.com. A printed copy of the IRS Form 990 is available upon request at cooperative headquarters. Form 990, Part VI, Section C, Line 19 Form 990, Part VI, Section C, Line 19 - No documents made available to the public. Form 990, Part XI, Line 9 Form 990, Part XI, Line 9 - Other changes in net assets or fund balances. Increase in unclaimed capital credits and other items of $582,708. Consumers Power Charitable Trust PO Box 1180 Philomath OR 97370 931095944 Charitable OR 501(c)(3) 8 Consumers Power Inc 1 Casco Communication Inc 1600 SW Western Blvd Suite 180 Corvallis OR 97333 931091599 Internet OR N/A C 3599648 19507482 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Casco Communication Inc a-i 391477 Interest billed for the year Casco Communication Inc d 5707910 Loan balance at year end Casco Communication Inc a-iv 43003 Rent billed for the year