2024-11-15T10:08:02+00:00 2023-12-31 440160260 Forvis Mazars LLP PO Box 3667 Little Rock AR 722033667 990 2023-01-01 430618625 Gascosage Electric Cooperative GASC 5737597146 PO BOX G DIXON MO 65459 CARMEN HARTWELL GENERAL MANAGER 5737597146 2024-11-15 true true Amber Sherrill P00748683 5013721040 2024-11-15 2023 2024-10-15 13:58:12Z CARMEN HARTWELL PO BOX G DIXON MO 65459 21812103 false X GASCOSAGE.COOP X 1945 MO TO PURCHASE, ACQUIRE AND ACCUMULATE ELECTRIC ENERGY FOR, AND TO TRANSMIT, DISTRIBUTE, FURNISH, SELL AND DISPOSE OF SUCH ENERGY TO MEMBERS. 9 9 71 0 -1355648 2003 0 0 20513095 21277685 123331 84298 -1343814 -1180935 19292612 20181048 45776 70754 0 1458620 3241019 3659571 0 0 0 16954658 18448865 20241453 23637810 -948841 -3456762 70519833 74717580 40769368 46258889 29750465 28458691 GASCOSAGE ELECTRIC COOPERATIVE PROVIDES OUR DIVERSE MEMBERSHIP AN UNSURPASSED LEVEL OF COMPREHENSIVE SERVICE USING THE LATEST PROVEN TECHNOLOGICAL ADVANCES IN THE ELECTRICAL INDUSTRY TO DELIVER RELIABLE AND AFFORDABLE ELECTRICITY IN THE TRADITIONAL STYLE OF PERSONALIZED SERVICE false false PURCHASE, ACQUIRE, AND ACCUMULATE ELECTRIC ENERGY FOR, AND TO TRANSMIT, DISTRIBUTE, FURNISH, SELL, AND DISPOSE OF SUCH ENERGY TO MEMBERS, SERVING 10,169 CONNECTED METERS AND 1,593 MILES OF LINE. ENGINEER, CONSTRUCT AND MAINTAIN A FIBER-TO-THE-HOME NETWORK TO DISTRIBUTE AND SELL INTERNET AND VOICE SERVICES TO MEMBERS, CURRENTLY SERVING 866 SUBSCRIBERS AND 162 MILES OF FIBER. 0 false false true false false false false false true false false false true false false true false false false false false false false false false false true true false false false false false false false false false false true true true true false true 18 0 true 71 true true true false false false false 21142120 506196 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false MO X CARMEN HARTWELL 5737597146 22346 N HWY 133 CROCKER MO 65452 X Alice Carlton Secretary 9.0 0.0 X X 13200 0 0 Donald Warnol President Through 08/01/2023 6.0 0.0 X X 9825 0 0 James Humphrey Treasurer Through 08/01/2023 5.0 0.0 X X 11200 0 0 Luther Riddle II President Since 08/01/2023 3.0 0.0 X X 7275 0 0 Richard Yelton VP Through 08/01/2023, Treasurer Since 08/01/2023 3.0 0.0 X X 7950 0 0 Willard Baker Vice President Since 08/01/2023 6.0 0.0 X X 7000 0 0 Andrew Milczakowskyj Board Director Since 08/01/2023 4.0 0.0 X 2100 0 0 Brandon Buechter Board Director Since 08/01/2023 4.0 0.0 X 2550 0 0 Deborah Krumwiede Board Director 5.0 0.0 X 10950 0 0 Jacob Warren Board Director 8.0 0.0 X 10700 0 0 Ronald Wiles Board Director Through 08/01/2023 4.0 0.0 X 9200 0 0 Carmen Hartwell General Manager 40.0 2.0 X 162385 0 58940 Aaron George Lineman 40.0 0.0 X 115497 0 52736 Derrick Otto Lineman 40.0 0.0 X 123340 0 47746 James Candee Staking Technician 40.0 0.0 X 101485 0 50306 Randall Martin Lineman 40.0 0.0 X 107989 0 49285 Shawn Lipscomb Operations Manager 40.0 0.0 X 106325 0 54451 808971 0 313464 7 false true false SELLENRIEK ENERGY LLC PO BOX 237 JONESBURG MO 63351 LINE BUILDER 755215 SELLENRIEK CONSTRUCTION INC 313 NORTH GLADSTON JONESBURG MO 63351 LINE BUILDER 366814 REESE EQUIPMENT COMPANY LLC 16400 N HWY 133 DIXON MO 65459 CONSTRUCTION 139694 HAWK LINE CONSTRUCTION 13960 PALM ROAD NEOSHO MO 64850 LINE BUILDER 132359 KIOWA LINE BUILDERS PO BOX 721 TIPTON MO 65081 LINE BUILDERS 121010 5 0 0 0 0 0 0 0 0 SALES OF ELECTRIC ENERGY 221000 21010723 21010723 0 0 G & T CAPITAL CREDITS 221000 135530 135530 0 0 OTHER ELECTIC REVENUE 221000 78998 78998 0 0 EQUIPMENT LEASE 221000 52434 52434 0 0 0 0 0 0 21277685 84298 0 0 84298 0 0 0 0 0 0 0 0 177734 174713 1631055 -1453321 174713 -1278608 0 -1453321 174713 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MANAGEMENT FEES FROM GAS TECH 540000 97673 0 97673 0 0 0 0 0 97673 20181048 21277685 -1355648 259011 44754 26000 0 1458620 313275 0 2321704 602624 75193 346775 0 0 0 0 0 1498 161224 29680 384204 0 0 527304 0 0 0 1236141 0 2226772 33872 COST OF POWER 11413387 CONSUMER ACCOUNTS 867019 DISTRIBUTION EXPENSE 744284 TAXES -418 823898 23637810 2266244 1576897 886162 33185 0 0 2010401 1909474 0 0 0 0 0 0 4135185 4837864 1716906 129633 81636873 19118850 55013560 62518023 0 0 0 3531402 3539833 0 959973 172671 70519833 74717580 2551555 2688329 0 0 361073 98334 0 0 0 0 0 0 36187299 42670192 0 0 1669441 802034 40769368 46258889 0 0 0 0 X 164665 166180 0 0 29585800 28292511 29750465 28458691 70519833 74717580 X -3456762 0 0 0 0 2164988 X false true X false false 0 0 0 2711 2711 true NRECA PO BOX 718777 PHILADELPHIA PA 19171 530116145 1590 0 AMECPAC 2722 EAST MCCARTY STREET JEFFERSON CITY MO 65101 430631824 1000 0 MISSOURI CHAMBER OF COMMERCE 428 E CAPITOL AVE JEFFERSON CITY MO 65101 440357621 75 0 UTC PO BOX 79358 BALTIMORE MD 21279 526042453 46 0 Schedule C, Part I-A, Line 1 Description of Political Activities FUNDS ARE USED SOLELY TO ADVANCE PUBLIC POLICY GOALS OF MISSOURI'S ELECTRIC COOPERATIVES. 0 305141 305141 0 7572856 1734461 5838395 0 0 0 0 0 67648447 17384389 50264058 0 6110429 0 6110429 62518023 CONSUMER DEPOSITS 693450 CHRISTMAS FUND 2800 DUE TO AFFILIATE 105784 802034 21783233 0 0 0 1876742 1876742 19906491 0 274557 274557 20181048 22179190 0 0 0 0 0 22179190 0 1458620 1458620 23637810 Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 EQUITY IN EARNINGS OF SUBSIDIARY - 145989 BOOK TO TAX DEPRECIATION DIFFERENCE - 1630205 ACCRUED CONSOLIDATED GROUP INCOME TAX BENEFIT - 100548 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements SHARED OFFICE SPACE MARKUP - 66 FIBER LEASE - 176818 SHARED SALARY EXPENSE - 97673 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements BENEFITS PAID TO/FOR MEMBERS - 1458620 true LUTHER A. RIDDLE COMMUNITY SCHOLARSHIP PROGRAM 14 14000 0 N/A N/A YOUTH TOUR TO WASHINGTON 4 12000 0 N/A N/A Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. PAYMENT IS MADE JOINTLY TO THE SCHOOL AND THE RECIPIENT AT THE TIME OF REGISTRATION. EACH $1,000 SCHOLARSHIP WILL BE USED TO PAY FOR BOOKS AND TUITION FIRST, THEN ROOM AND BOARD. X X false false false Carmen Hartwell General Manager 160510 0 0 0 1875 0 25376 0 33564 0 221325 0 0 0 Aaron George Lineman 115427 0 0 0 70 0 19172 0 33564 0 168233 0 0 0 Shawn Lipscomb Operations Manager 106085 0 0 0 240 0 20887 0 33564 0 160776 0 0 0 Derrick Otto Lineman 123179 0 0 0 161 0 17335 0 30411 0 171086 0 0 0 Randall Martin Lineman 107190 0 0 0 799 0 15721 0 33564 0 157274 0 0 0 James Candee Staking Technician 101317 0 0 0 168 0 16742 0 33564 0 151791 0 0 0 Form 990, Part VI, Line 15 A&B THE BOARD OF DIRECTORS COMPARES WAGES AND SALARIES ON NATIONAL, REGIONAL, AND STATE LEVELS BY USING THE NRECA NATIONAL COMPENSATION SURVEY FOR RURAL ELECTRIC COOPERATIVES AND THE AMEC STATEWIDE STUDY. DETERMINATION OF WAGES AND SALARIES FOR MANAGEMENT POSITIONS IS INCLUDED IN THE BOARD OF DIRECTORS MEETING MINUTES. Form 990, Part VI, Line 6 Classes of members or stockholders EACH PERSON OR BUSINESS PROVIDED SERVICE BY GASCOSAGE ELECTRIC COOPERATIVE IS A MEMBER OF THE COOPERATIVE AND IS ENTITLED TO ONE VOTE. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body GASCOSAGE ELECTRIC COOPERATIVE IS FORMED BY MEMBERS. THE MEMBERSHIP VOTES ON CHANGES OF THE BYLAWS TO THE ORGANIZATION AND ELECTS THE BOARD OF DIRECTORS FOR THREE YEAR TERMS AT THE ANNUAL MEETINGS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders ALL ELECTRIC RATE CLASSES HOLD FULL MEMBERSHIP IN THE COOPERATIVE. MEMBERS OF THE COOPERATIVE HAVE THE SAME RIGHTS TO VOTE ON CHANGES TO BYLAWS OR THE GOVERNING BODY. Form 990, Part VI, Line 11b Review of form 990 by governing body A FINAL DRAFT OF THE FORM 990 IS PRESENTED TO THE BOARD IN A MONTHLY BOARD MEETING AND VOTED ON FOR APPROVAL. Form 990, Part VI, Line 12c Conflict of interest policy ALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN THE CERTIFICATION AND DISCLOSURE ANNUALLY. THE GENERAL MANAGER INVESTIGATES ANY POTENTIAL CONFLICTS AND DETERMINES THE NATURE OF THE CONFLICT. THE PRESIDENT OF THE BOARD OF DIRECTORS INVESTIGATES AND DETERMINES THE NATURE OF THE CONFLICT IF THE CONFLICT INVOLVED THE GENERAL MANAGER. IF NECESSARY, THE COOPERATIVE'S ATTORNEY IS CONSULTED AS TO WHETHER THE EMPLOYEE OR DIRECTOR HAS A CONFLICT OF INTEREST THAT PREVENTS HIM OR HER FROM FURTHER PARTICIPATION. ANY EMPLOYEE OR DIRECTOR THAT IS DETERMINED TO HAVE A REAL OR APPARENT CONFLICT OF INTEREST SHALL BE DISQUALIFIED FROM ACTING ON ANY PROCUREMENT OR CONTRACT ADMINISTRATION MATTER THAT COULD BE IMPACTED BY THE CONFLICT. Form 990, Part VI, Line 19 Required documents available to the public A COPY OF THE ORGANIZATION'S BYLAWS IS PROVIDED TO EACH NEW MEMBER. FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO PROVIDED AT EACH ANNUAL MEETING. Form 990, Part VIII, Line 6a PERSONAL PROPERTY RENTAL REVENUES EXCLUDED FROM UNRELATED BUSINESS INCOME ARE RELATED TO POLE RENTAL INCOME. Form 990, Part XI, Line 9 Other changes in net assets or fund balances MEMBERSHIPS ISSUED - 1515; OTHER CHANGES - -10927; RETIREMENT OF CAPITAL CREDIT - -886405; BOOK TO TAX DEPRECIATIN DIFFERENCE - 1630205; SHARED EMPLOYEE REVENUE - -97673; SHARED OFFICE SPACE MARKUP - -66; EQUITY IN EARNINGS OF SUBSIDIARY - 145989; FIBER LEASE - -176818; BENEFITS PAID TO/FOR MEMBERS - 1458620; ACCRUED CONSOLIDATED GROUP INCOME TAX BENEFIT - 100548; GTECH FIBER LLC 803 SOUTH ELLEN STREET DIXON MO 65459 352735838 FTTH MO 443356 1712500 GEC GASCOSAGE TECHNOLOGIES 803 SOUTH ELLEN STREET DIXON MO 65459 431780453 FIBER OPTICS MO GEC C Corporation 136195 248302 1 true true false false false false false false false false true false false false true true true true false false GASCOSAGE TECHNOLOGIES LLC A 177734 FMV GASCOSAGE TECHNOLOGIES LLC O 97673 FMV