2024-07-10T09:58:09-05:00 2023-12-31 363163136 LWG CPAS & ADVISORS 1776 N MERIDIAN ST STE 500 INDIANAPOLIS IN 46202 990 2023-01-01 420503322 ACCESS ENERGY COOPERATIVE ACCE 3193851577 PO BOX 440 MT PLEASANT IA 52641 KEVIN WHEELER CEO 3193851577 2024-07-10 1 KEVIN WHEELER 999009999 0 BRIAN D CHERRY P01355823 3176344747 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z KEVIN WHEELER PO BOX 440 MT PLEASANT IA 52641 39622076 0 X ACCESSENERGYCOOP.COM X 1938 IA DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMER 9 9 46 0 -1381 0 0 0 37777546 39120352 87257 499351 -12729 -1466 37852074 39618237 0 0 1463861 1257170 1466005 1450262 0 0 0 34157639 34847722 37087505 37555154 764569 2063083 104520997 108807143 47765679 49967467 56755318 58839676 ACCESS ENERGY COOPERATIVE IS DEDICATED TO EXCEEDING MEMBERS' EXPECTATIONS FOR SAFE, RELIABLE, EFFICIENT SERVICE WHILE BEING A GOOD CITIZEN IN OUR COMMUNITIES. 0 0 37555154 36913640 DISTRIBUTION OF ELECTRICITY TO RURAL CUSTOMER 37555154 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 55 0 46 1 1 1 0 0 0 0 0 0 36736781 176859 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 IA X X TAMMY SNAVELY 3193851577 PO BOX 440 MT PLEASANT IA 52641 JERRY BARKER DIRECTOR 7.90 X 11135 0 11 ROBERT CHESTNUT III VICE PRESIDENT 6.00 X X 9385 0 16 FRED HICKENBOTTOM DIRECTOR 5.00 X 9635 0 11 DAVE HOLLINGSWORTH DIRECTOR 8.20 X 9135 0 16 MIKE HOLTKAMP SECRETARY 5.40 X X 10385 0 16 MARVIN LARSON PRESIDENT 5.90 X X 10620 0 16 MARVIN NEWTON DIRECTOR 10.80 X 13135 0 11 ROBERT SMITH TREASURER 1.00 X X 4385 0 16 LARRY WHITE DIRECTOR 7.40 X 13385 0 7 KEVIN WHEELER CEO 44.20 X 213279 0 97098 TAMMY SNAVELY CFO 46.30 X 150284 0 115667 TYLER THEIN DIRECTOR OF ENGINEERING 43.20 X 140107 0 43466 DANIEL PHILLIPS DIRECTOR OF OPERATIONS 44.00 X 124053 0 106359 ANTHONY BROWN DISTRICT FOREMAN 42.80 X 117890 0 62239 LEVON MULLEN SERVICEMAN 45.70 X 117256 0 38387 WILLIAM SIMON SERVICEMAN 44.30 X 117109 0 58055 1071178 0 521391 14 0 1 0 KIOWA LINE BUILDERS INC PO BOX 721 TIPTON MO 65081 CONSTRUCTION 878339 WILDERNESS LAND MANAGEMENT 3365 HIGHWAY 16 WEVER IA 52658 BRUSH 821145 CRC TRENCHING CO 116 TURNER ST WATKINS IA 52354 BORING 144676 USIC RECEIVABLES LLC PO BOX 715409 CINCINNATI OH 45271 LOCATING 115573 4 SALES OF ENERGY 221000 36736781 36736781 G&T CAPITAL CREDITS 900001 1910447 1910447 OTHER CAPITAL CREDITS 900001 296265 296265 OTHER ELECTRIC REVENUES 221000 176859 176859 39120352 485600 485600 17590 3839 13751 13751 13751 SUBSIDIARY EARNINGS 512000 -85 -85 MISC NONOP INCOME 541900 -1381 -1381 -1466 39618237 36927306 -1381 2692312 1257170 1257170 454883 454883 995379 995379 1690945 1690945 2341918 2341918 PURCHASED POWER 24528259 24528259 OPERATIONS 2943928 2943928 MAINTENANCE 1830675 1830675 ADMINSTRATIVE EXPENSES 855012 855012 656985 656985 37555154 37555154 0 0 615242 796399 8035105 6633019 4104586 5417262 2467972 2101012 1759224 1647915 85952 78704 92317572 22296532 67123126 70021040 19718271 21212891 10861 10861 600658 888040 104520997 108807143 3575410 4178364 41654146 43302441 2536123 2486662 47765679 49967467 X 0 0 6027 6027 56749291 58833649 56755318 58839676 104520997 108807143 X 2063083 21275 X X 0 1 X 1 0 846395 846395 8063953 4024289 4039664 83407224 18272243 65134981 70021040 CFC 3504838 C CFC CTC'S 1212278 C FREIE 173237 C PROPANE 13615 C NMEPC 15740866 C ARKANSAS ELECTRIC 4123 C ERC LOANS 29013 C OTHER INVESTMENTS 534921 C 21212891 CONSUMER DEPOSITS 1871933 UNAMORTIZED GAIN - DEBT #2 3226 ACCUMULATED PROVISIONS 611503 2486662 X 39618237 0 39618237 0 39618237 36297983 0 36297983 1257170 1257170 37555153 PART X, LINE 2: THE COOPERATIVE BELIEVES THEY ARE NOT TAKING ANY UNCERTAIN TAX POSITIONS. PART XII, LINE 4B - OTHER ADJUSTMENTS: PATRONAGE REFUNDS X X 0 0 0 KEVIN WHEELER CEO 213279 0 0 0 0 0 65702 0 31396 0 310377 0 0 0 TAMMY SNAVELY CFO 150284 0 0 0 0 0 93696 0 21971 0 265951 0 0 0 DANIEL PHILLIPS DIRECTOR OF OPERATIONS 124053 0 0 0 0 0 85557 0 20802 0 230412 0 0 0 TYLER THEIN DIRECTOR OF ENGINEERING 140107 0 0 0 0 0 15539 0 27927 0 183573 0 0 0 ANTHONY BROWN DISTRICT FOREMAN 117890 0 0 0 0 0 38424 0 23815 0 180129 0 0 0 WILLIAM SIMON SERVICEMAN 117109 0 0 0 0 0 32668 0 25387 0 175164 0 0 0 LEVON MULLEN SERVICEMAN 117256 0 0 0 0 0 12808 0 25579 0 155643 0 0 0 MARVIN NEWTON SEE BELOW 24528259 SEE BELOW 0 FRED HICKENBOTTOM SEE BELOW 24528259 SEE BELOW 0 SCHEDULE L, PART IV, LINE 1 AND 2 MARVIN NEWTON AND FRED HICKENBOTTOM ARE BOTH DIRECTORS FOR THE COOPERATIVE AND DIRECTORS FOR NORTHEAST MISSOURI ELECTRIC POWER COOPERATIVE. ACCESS ENERGY COOPERATIVE HAS AN AGREEMENT TO PURCHASE POWER FROM NORTHEAST MISSOURI ELECTRIC POWER COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OF THE COOPERATIVE EACH HAVE A VOTE AT THE ANNUAL MEETING TO ELECT DIRECTORS AND VOTE ON PROPOSED CHANGES TO THE COOPERATIVE'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP ELECTS BOARD MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS OF THE COOPERATIVE CAN ONLY BE AMENDED BY A MAJORITY VOTE OF MEMBERS VOTING AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF THE ORGANIZATION REVIEWED THE FORM 990 UNDER THE DIRECTION OF THE CEO PRIOR TO FINAL SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES OF THE COOPERATIVE ARE REQUIRED TO UPDATE THEIR WRITTEN DISCLOSURE FORM ANNUALLY. THE BOARD OF DIRECTORS INTERPRET AND ENFORCE THE CONFLICT OF INTEREST POLICY. THE MINUTES OF ALL BOARD MEETINGS RECORD THE DISCLOSURES, VOTES, AUTHORIZATIONS AND OTHER ACTIONS TAKEN. FORM 990, PART VI, SECTION B, LINE 15 THE CEO, DIRECTOR, AND KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE BOARD USING COMPARABILITY DATA OBTAINED FROM LOCAL, STATE, REGIONAL, AND NATIONAL COMPENSATION DATA. FORM 990, PART VI, SECTION C, LINE 18 TAX FORMS ARE AVAILABLE UPON REQUEST. FORM 990 IS AVAILABLE ON GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THE MINUTES FROM ALL BOARD MEETINGS AVAILABLE AT THE ORGANIZATION'S OFFICE. FINANCIAL STATEMENTS ARE PRESENTED TO THE MEMBERSHIP AT THE ANNUAL MEETING. FORM 990, PART XI, LINE 9: SCHOLARSHIPS -12,715. CHANGE IN OCI 33,990. FORM 990, PART XII, LINE 2C THE PROCESS HAS REMAINED CONSISTENT FROM PRIOR YEARS IN REGARDS TO OVERSIGHT PROCESS OR SELECTION PROCESS.