2024-05-14T11:22:20-04:00 2023-12-31 990 2023-01-01 850083345 SPRINGER ELECTRIC COOPERATIVE INC % DAVID SPRADLIN SPRI 5754832421 PO BOX 698 SPRINGER NM 877470698 DAVID SPRADLIN CEO 2024-05-14 DAVID SPRADLIN XXX-XX-XXXX 2023 2023-04-26 12:10:37Z DAVID SPRADLIN PO BOX 698 SPRINGER NM 877470698 20432505 false X www.springercoop.com X 1946 NM Sale and distribution of electric energy at the lowest possible price and in the most reliable manner 7 0 17 0 0 0 0 0 19986898 19946829 -218382 397301 45073 88375 19813589 20432505 0 0 -58667 924700 2266649 2395252 0 0 0 17605607 17112553 19813589 20432505 0 0 43026680 46800753 20054297 23238152 22972383 23562601 Sale and distribution of electric energy at the lowest possible price and in the most reliable manner false false 20432505 0 20432505 Total members as of 12 31 2023 - 1,934 Total services in place as of 12 31 2023 - 3,705 0 0 0 0 0 0 0 0 0 20432505 false false false false false false false false false true true false false true false true false false false false false false false false false false false false true false false false false false false false false false false false true false false false 19 0 true 17 true false false false false false 19517618 429211 false false false X 7 0 false false false false true true true true true false false true true true true false false true true false NM X X Christy Romero 5754832421 400 Maxwell Ave SPRINGER NM 87747 Alfonso Maestas Director - Secretary Treasurer 5.00 0.00 X 13717 0 0 Don Schutz Director 5.00 0.00 X 11803 0 0 Gary Shaw Director - Vice President 8.00 0.00 X 13717 0 0 Cody Hazen Director 5.00 0.00 X 3226 0 0 Jeff Burton Director 5.00 0.00 X 12749 0 0 Russell Hoy Director 5.00 0.00 X 12749 0 0 Timothy Morrow Director - President 8.00 0.00 X 21516 0 0 David Spradlin CEO 42.00 0.00 X X 241603 0 128533 John Weisdorfer Operations Manager 40.00 0.00 X 120182 0 47636 Ronald Brashear Line Superintendent 41.00 0.00 X 110886 0 65872 562148 0 242041 3 false true false BALDY MOUNTAIN WELDING 1539 HWY 58 SPRINGER NM 87747 CONSTRUCTION 226175 R&R LINE SERVICES INC 6022 QUAY ROAD U SAN JON NM 88434 CONSTRUCTION 868088 0 0 0 0 0 0 0 0 ELECTRIC REVENUE 221000 19517618 0 0 19517618 OTHER 221000 300357 0 0 300357 G & T CAPITAL CREDITS 221000 128854 0 0 128854 0 0 0 0 0 0 0 0 0 0 0 0 19946829 115354 0 0 115354 0 0 0 0 0 0 0 0 46058 0 0 0 46058 0 46058 0 0 46058 281947 0 0 0 281947 0 281947 0 0 281947 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER CAPITAL CREDITS 221000 15426 0 0 15426 NON-OPERATING MARGINS 221000 26891 0 0 26891 0 0 0 0 0 0 0 0 42317 20432505 0 0 20432505 0 0 0 0 0 0 924700 0 562148 0 0 0 0 0 0 0 1010743 0 0 0 314792 0 0 0 398845 0 0 0 108724 0 0 0 0 0 0 0 6022 0 0 0 24950 0 0 0 0 0 0 0 0 0 0 0 0 0 12000 0 0 0 -439 0 0 0 47328 0 0 0 29033 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13616 0 0 0 523295 0 0 0 15411533 0 0 0 798471 0 0 0 101911 0 0 0 DIRECTOR EXPENSES 22483 0 0 0 ANNUAL MEETING EXPENSE 26298 0 0 0 0 0 0 0 0 0 0 0 96052 0 0 0 20432505 0 0 0 0 0 0 0 0 0 3505313 1714057 0 0 1966636 1608716 0 0 0 0 394943 387772 127967 784730 1069058 1123024 32042265 7176154 20098235 24866111 2340488 2654381 13524040 13661962 0 0 0 0 0 0 43026680 46800753 2592904 2804476 0 0 174004 452059 0 0 0 0 0 0 17191697 19883355 0 0 95692 98262 20054297 23238152 X 0 0 22972383 23562601 0 0 22972383 23562601 43026680 46800753 X 0 0 0 0 0 590218 X false true X true false 269039 269039 1396513 386217 1010295 2354685 1692142 662543 28022028 5097795 22924234 24866111 Associated organization's patronage capital 13651130 C Investments - other associated organizations 10832 C 13661962 Member deposits 98262 98262 19863888 0 19863888 568617 568617 20432505 18985839 0 18985839 1446666 1446666 20432505 Part XI, line 4b Non-operating margins $142,390; Income from investments - $281,947; G & T capital credits - $128,854; Other capital credits - $15,426 Part XII, line 4b Benefits paid to members - $924,700; Interest on long-term debt - $521,967 false false David Spradlin CEO 241603 0 0 0 0 0 120095 0 8438 0 370136 0 0 0 John Weisdorfer Operations Manager 120182 0 0 0 0 0 28832 0 18804 0 167818 0 0 0 Ronald Brashear Line Superintendent 110886 0 0 0 0 0 48771 0 17102 0 176759 0 0 0 Part VI, Line 6 As of 12 31 2023 there were 1,934 members Part VI, Line 7a A nominating committee is selected annually for nominations of members to run for the board of trustee terms that expire during that year Part VI, Line 7b Any changes to the Coop's bylaws must come before the membership at the annual meeting and be voted on Part VI, Line 11b Form 990 is reviewed by the CEO and board Part VI, Line 12c This is completed annually with a questionnaire from the auditor Part VI, Line 15 Salaries are compared to other coops in the state and nationwide Part VI, Line 19 Available on the internet and available upon request Part XI, Line 9 | Description:, Explanation:, Amount:| Capital credits to be allocated to members, Capital credits to be allocated to members, $924700| Capital credits refunded to members in 2023, Capital credits refunded to members in 2023, $-405058| Amortization of past service funding of RS Plan, Amortization of past service funding of RS Plan, $70591| Change in memberships, Change in memberships, $-15| Tri State G&T PO Box 33695 Denver CO 80233 840464189 Electric G&T CO 501(C)(12) N/A false Springer Electric Coop Education Foundation PO Box 698 Springer NM 87747 850366101 Scholarships NM 501(C)(3) PF Springer Electric Cooperative Inc false false false false false false false false false false false false false false true true false false true false Springer Electric Coop Education Foundation R 16636 2020 Unclaimed capital credit checks