2024-11-08T08:14:37-06:00 2023-12-31 750882037 BOLINGER SEGARS GILBERT AND MOSS LLP 8215 NASHVILLE AVENUE LUBBOCK TX 79423 990 2023-01-01 430631824 MISSOURI ELECTRIC COOPERATIVES ASSOCIATION OF MO ELECTRIC COOPERATIVES MISS 5736356857 2722 E MCCARTY ST JEFFERSON CITY MO 65101 KATE BOATRIGHT VP OF FINANCE & CFO 5736356857 2024-11-07 1 0 ERIN DIPPREY P01419700 8067473806 2024-11-07 X 2023 2024-10-15 13:58:12Z CALEB JONES 2722 E MCCARTY ST JEFFERSON CITY MO 65101 14348796 0 X WWW.AMEC.ORG X 1937 MO TO COORDINATE THE SERVICES PROVIDED BY OUR 47 MEMBER SYSTEMS TO ENSURE THE CONTINUED DELIVERY OF AFFORDABLE AND RELIABLE ELECTRICITY. 47 47 40 0 1395411 0 0 0 12664682 14053646 88550 169280 281815 96086 13035047 14319012 0 0 0 0 5427227 5302506 0 0 0 7792037 8136415 13219264 13438921 -184217 880091 6830294 8639515 1855311 2788961 4974983 5850554 X TO COORDINATE THE SERVICES PROVIDED BY OUR 47 MEMBER SYSTEMS TO ENSURE THE CONTINUED DELIVERY OF AFFORDABLE AND RELIABLE ELECTRICITY. 0 0 IN SUPPORT OF THE MISSION OF THE ASSOCIATION OF MISSOURI ELECTRIC COOPERATIVES, THE RURAL MISSOURI MAGAZINE SERVES AS THE CHIEF MEANS OF COMMUNICATION FOR THE ASSOCIATION'S MEMBER SYSTEMS. IN 2023, RURAL MISSOURI STAFF PRINTED AND MAILED 6,988,925 COPIES OF THE PUBLICATION AT A COST THAT IS BELOW THE PRICE OF A POSTAGE STAMP. STAFF PRODUCED 660 PAGES OF MATERIAL TO INFORM MEMBERS ABOUT ISSUES RELATED TO THE ELECTRIC COOPERATIVE PROGRAM. IN ADDITION, AN AVERAGE OF 110 LOCAL PAGES WERE PRODUCED PER MONTH THAT INFORMED MEMBERS ABOUT SERVICES AND EVENTS RELATED TO THEIR LOCAL SYSTEM. THE PUBLICATION ALSO SERVED AS THE OFFICIAL NOTICE OF ANNUAL MEETING FOR MEMBER SYSTEMS, SAVING MEMBER SYSTEMS AN AVERAGE OF $12,000. THE RISK MANAGEMENT AND TRAINING DEPARTMENT PROVIDES ONSITE SAFETY MEETINGS, TRAINING SCHOOLS, CONFERENCES, TESTING SERVICES, MECIP (WORKERS COMPENSATION) AUDITS/INSPECTIONS, AECI RISK ASSESSMENTS, AND RESAP AUDITS FOR 46 ELECTRIC COOPERATIVES IN MISSOURI. THE DEPARTMENT ALSO COORDINATES MUTUAL AID AMONG ITS MEMBER SYSTEMS TO SUPPORT ELECTRIC COOPERATIVES IN OTHER STATES AFFECTED BY NATURAL DISASTERS. DURING 2023, 276 SAFETY MEETINGS WERE PRESENTED AND 29 TRAINING SCHOOLS AND CONFERENCES. THE TOTAL NUMBER OF COOPERATIVE EMPLOYEES THAT ATTENDED TRAINING SCHOOLS AND CONFERENCES WAS 965. 40 MECIP AUDITS/INSPECTIONS, 10 AECI RISK ASSESSMENTS AND 8 RESAP ONSITE OBSERVATIONS WERE COMPLETED. THE TESTING PROGRAM TESTED 884 TRUCKS, 4,843 GROUNDS, 3,848 LIVE LINE TOOLS AND 10,495 PIECES OF COVER-UP. ALL BILLING TO COOPERATIVES WAS THROUGH AMEC. COOPERATIVE ADVERTISING - THIS PROGRAM SERVES AS THE ADVERTISING PROGRAM FOR ALL OF MISSOURI'S ELECTRIC COOPERATIVES. MEDIA PURCHASES ARE MADE FOR COOPERATIVES BOTH INDIVIDUALLY AND COLLECTIVELY. THE GOAL IS TO RECEIVE A BETTER RATE FOR OUR SYSTEMS WITH GROUP PURCHASES AND HAVE STATEWIDE COVERAGE. THE ADS ARE A COMBINATION OF "ELECTRICAL SAFETY," "BRAND MARKETING AND "YOUTH INITIATIVE". ADS WERE ALSO RUN IN PRINT FORM. THESE WERE MAINLY IN RURAL MISSOURI MAGAZINE, TODAY'S FARMER AND OTHER AGRICULTURE INDUSTRY PUBLICATIONS. THE FOCUS OF THESE PRINT ADS WAS PROMOTING SAFETY AROUND ELECTRIC LINES.SYSTEMS SERVED: 40 DISTRIBUTION COOPERATIVES, 6 TRANSMISSION COOPERATIVES AND 1 GENERATION COOPERATIVE.BROADCAST AREA: RADIO - ENTIRE STATE OF MISSOURI, PLUS ADDITIONAL BROADCASTS DURING THE STATE FAIR. PRINT AREA IS THE ENTIRE STATE OF MISSOURI CIRCULATION. SOCIAL MEDIA IS PRESENT ON FACEBOOK, X, INSTAGRAM, TIK TOK, AND SOME WEB PAGES.NUMBER OF STATIONS/BROADCASTS/PRINTS/SOCIAL MEDIA: APPROXIMATELY 83 STATIONS, APPROXIMATELY 10,000 RADIO ADS, 12 PRINT ADS PER YEAR IN RURAL MISSOURI, AND 35 TIMES IN TODAY'S FARMER, AND OTHER AG MAGAZINES. ALSO PLACEMENT OF BANNERS ON INTERNET AND STREAMING TV SERVICES AND POSTS ON FACEBOOK. ADS WERE ALSO PLACED ON PANDORA AND SPOTIFY STREAMING RADIO.SHORT TERM GOALS: PROVIDE PUBLIC INFORMATION AS IT RELATES TO SAFETY AND CURRENT ISSUES OF ELECTRIC COOPERATIVES. EXAMPLES: RATE ISSUES, STORMS, ENERGY EFFICIENCY, ETC.LONG TERM GOALS: BUILDING A BASE FOR CONTINUALLY UPDATING OUR MEMBER OWNERS ON CURRENT EVENTS AND A CONSISTENT, ONGOING MESSAGE OF BEING SAFE AROUND ELECTRICITY. WE ALSO TRY TO PROVIDE THESE MESSAGES IN THE MOST ECONOMICAL AND BROAD MEANS POSSIBLE. THIS IS THE IDEA OF GROUP PURCHASE OF ADS ON BEHALF OF THE ENTIRE COOPERATIVE SYSTEM. 0 0 1 1 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 54 0 40 1 1 1 0 0 0 0 0 0 0 0 0 X 47 47 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X KATE BOATRIGHT 5736356857 2722 E MCCARTY ST JEFFERSON CITY MO 65101 X DARRELL ATCHISON PRESIDENT 2.00 X X 4018 0 0 LOREN HAINES VICE PRESIDENT 2.00 X X 0 0 0 KIMBERLY PONDER SECRETARY/TREASURER 2.00 X X 4325 0 0 CARMEN HARTWELL DIRECTOR 2.00 X 0 0 0 AARON BRADSHAW DIRECTOR 2.00 X 0 0 0 AMBER OVERFELT DIRECTOR 2.00 X 0 0 0 CHARLES BUNTING DIRECTOR 2.00 X 0 0 0 CHRIS HAMON DIRECTOR 2.00 X 0 0 0 CHRIS TURNER DIRECTOR 2.00 X 0 0 0 CLARK BREDEHOEFT DIRECTOR 2.00 X 6553 0 0 DAN SINGLETARY DIRECTOR 2.00 X 0 0 0 DANIEL SISCO DIRECTOR 2.00 X 0 0 0 DAVID TUDOR DIRECTOR 2.00 X 0 0 0 DONALD SMITH DIRECTOR 2.00 X 0 0 0 DOUG TRACY DIRECTOR 2.00 X 0 0 0 DUANE KLUTE DIRECTOR 2.00 X 1651 0 0 JACK HARRIS DIRECTOR 2.00 X 0 0 0 JAMES ASHWORTH DIRECTOR 2.00 X 0 0 0 JAMIE VAUGHN DIRECTOR 2.00 X 0 0 0 JARROD CAMPBELL DIRECTOR 2.00 X 0 0 0 JAY COLLINS DIRECTOR 2.00 X 0 0 0 JEFF HULL DIRECTOR 2.00 X 0 0 0 JENNIFER MCBROOM DIRECTOR 2.00 X 0 0 0 JOSEPH CASON DIRECTOR 2.00 X 0 0 0 JOHN HEMEYER DIRECTOR 2.00 X 3000 0 0 JOHN RICHARDS DIRECTOR 2.00 X 0 0 0 JOHN SINGLETON DIRECTOR 2.00 X 0 0 0 KEITH HAYNES DIRECTOR 2.00 X 8561 0 0 KENDALL DAVIS DIRECTOR 2.00 X 5471 0 0 KEVIN DECHANT DIRECTOR 2.00 X 0 0 0 LARRY CLARK DIRECTOR 2.00 X 3092 0 0 MARVIN HARDING DIRECTOR 2.00 X 0 0 0 MICHAEL SCHEIB DIRECTOR 2.00 X 0 0 0 PATRICK OEHLSCHLAGER DIRECTOR 2.00 X 0 0 0 PHIL JENSEN DIRECTOR 2.00 X 822 0 0 RICHARD KEMP DIRECTOR 2.00 X 4047 0 0 ROGER KLOEPPEL DIRECTOR 2.00 X 0 0 0 RONALD BLEDSOE DIRECTOR 2.00 X 0 0 0 RONALD STEUCK DIRECTOR 2.00 X 0 0 0 ROSS FRANKENBACH DIRECTOR 2.00 X 651 0 0 SAMUEL AUXIER DIRECTOR 2.00 X 6512 0 0 SHERA DAMERON DIRECTOR 2.00 X 3646 0 0 STANLEY IRSIK DIRECTOR 2.00 X 0 0 0 STEVE ELSEA DIRECTOR 2.00 X 0 0 0 THOMAS HOWARD DIRECTOR 2.00 X 0 0 0 TIM MINEHARDT DIRECTOR 2.00 X 0 0 0 WAYNE PLUNKETT DIRECTOR 2.00 X 0 0 0 CALEB JONES CEO/EXEC. VP 50.00 X 499706 0 112078 KATE BOATRIGHT CFO/VP FINANCE 50.00 X 228312 0 82800 JOHNIE HENDRIX VP RISK MANAGMENT 50.00 X 145960 0 53900 CRAIG MOELLER ASST. DIRECTOR RMT 50.00 X 141200 0 64611 CHRIS MASSMAN VP MEMBER SERVICES 50.00 X 121212 0 53503 ROB GERLING DIRECTOR TESTING DIVISION 50.00 X 119351 0 50381 TIM PIRTLE TRAINING INSTRUCTOR/COMPLIANCE 50.00 X 115550 0 61040 1423640 0 478313 12 0 1 0 NEIDERT & ASSOCIATES 3120 WILLIAMSBURG WAY JEFFERSON CITY MO 65109 ADVERTISING SERVICES 104874 1 RURAL MO MAGAZINE 513120 5462628 4082317 1380311 MEMBERSHIP DUES & ASSESSMENTS 900099 4336492 4336492 RISK MANAGEMENT/TRAINING 900099 2195281 2195281 OTHER MEMBER SERVICES 900099 1073133 1058033 15100 COOP ADVERTISING 541800 657239 657239 328873 328873 14053646 50330 50330 118950 0 118950 118950 118950 29784 29784 0 1494 0 1494 1494 MISCELLANEOUS 900099 94592 94592 94592 14319012 12754321 1395411 169280 736361 2748524 980953 604103 232565 7971 30955 182500 531720 554761 463950 67596 451377 445145 317017 42879 MAGAZINE/DIRECTORY PRIN 2400739 POSTAGE 1599541 OTHER PROGRAM EXPENSE 1016256 MISCELLANEOUS 24008 13438921 3341992 4537368 879240 1197690 932731 880388 4905010 3331119 1330340 1573891 345991 450178 6830294 8639515 1855311 2077425 0 711536 1855311 2788961 X 4974983 5850554 4974983 5850554 6830294 8639515 X 880091 -4520 X X 0 1 X 1 0 20000 20000 20000 1 COMMITTEE TO ELECT PAULA BROWN 6622 CORTERA DRIVE HAZELWOOD MO 63042 831799666 250 TRUTH IN CAMPAIGNS PO BOX 10136 KANSAS CITY MO 64171 832179690 2400 CROSSLEY FOR OUR COMMUNITY 1842 S DRUMM AVE INDEPENDENCE MO 64055 873346790 1000 MCCREERY FOR MISSOURI 41 RYE LANE ST LOUIS MO 63132 274781866 1000 FRIENDS FOR TRAVIS FITZWATER PO BOX 694 FULTON MO 65251 454129134 1400 GREAT NORTHWEST PAC PO BOX 52 JEFFERSON CITY MO 65102 873271884 5000 MISSOURI ALLIANCE PAC 3913 NE 56TH TERRACE GLADSTONE MO 64119 475109706 5000 JB PAC PO BOX 52 JEFFERSON CITY MO 65102 861460773 2500 417 PAC 901 E BATTLEFIELD ROAD SPRINGFIELD MO 65807 842353836 1000 FRIENDS OF JEFF KNIGHT PO BOX 709 LEBANON MO 65536 822134799 250 DONALD B MAYHEW FSR PO BOX 418 CROCKER MO 65452 831576955 200 0 0 1 4336492 269439 -77179 192260 303554 -111294 PART I-A, LINE 1: CONTRIBUTIONS TO CANDIDATES RUNNING FOR LOCAL AND STATE OFFICES WHO SUPPORT ELECTRIC COOPERATIVES. 30115 30115 2167476 1711216 456260 2455002 1619903 835099 252417 252417 1573891 INVESTMENTS 450178 F 450178 DEFERRED GOVERNMENT GRANT - ERTC 711536 711536 14319012 0 14319012 0 14319012 13438921 0 13438921 0 13438921 LINEMAN RODEO 29784 29784 29784 29784 29784 29784 29784 0 X X 0 0 0 CALEB JONES CEO/EXEC. VP 499706 0 0 0 0 0 85222 0 26856 0 611784 0 0 0 KATE BOATRIGHT CFO/VP FINANCE 228312 0 0 0 0 0 56306 0 26494 0 311112 0 0 0 CRAIG MOELLER ASST. DIRECTOR RMT 141200 0 0 0 0 0 46182 0 18429 0 205811 0 0 0 JOHNIE HENDRIX VP RISK MANAGMENT 145960 0 0 0 0 0 29039 0 24861 0 199860 0 0 0 TIM PIRTLE TRAINING INSTRUCTOR/COMPLIANCE 115550 0 0 0 0 0 36671 0 24369 0 176590 0 0 0 CHRIS MASSMAN VP MEMBER SERVICES 121212 0 0 0 0 0 35534 0 17969 0 174715 0 0 0 ROB GERLING DIRECTOR TESTING DIVISION 119351 0 0 0 0 0 38399 0 11982 0 169732 0 0 0 SCHEDULE J, PART II, COLUMN C INCLUDED IN THIS AMOUNT IS THE INCREASE IN ACTUARIAL VALUE OF BENEFITS PAYABLE UNDER A DEFINED BENEFIT RETIREMENT PLAN. THE CONTRIBUTION RATE FOR PARTICIPANTS IN THE NRECA R&S DEFINED BENEFIT PENSION PLAN ARE THE SAME FOR ALL INDIVIDUALS IN THIS MULTI-EMPLOYER PLAN. THE CHANGE IN ACTUARIAL VALUE FOR EACH PARTICIPANT, HOWEVER, VARIES WITH AGE, YEARS OF SERVICE AND THE CURRENT INTEREST RATE ENVIRONMENT. IN OTHER WORDS, THE OLDER A PLAN PARTICIPANT IS, THE GREATER THE INCREASE IN THAT INDIVIDUAL'S CHANGE IN ACTUARIAL VALUE, ALL OTHER THINGS BEING EQUAL. BREAKDOWN OF DEFERRED COMPENSATION REPORTED ON PART II, COLUMN (C): CALEB JONES: INCREASE IN DEFINED BENEFIT PLAN: $ 70,818 MATCHING CONTRIBUTION TO 401K 14,404 TOTAL REPORTED IN COLUMN C $ 85,222 KATE BOATRIGHT: INCREASE IN DEFINED BENEFIT PLAN: $ 49,358 MATCHING CONTRIBUTION TO 401K 6,948 TOTAL REPORTED IN COLUMN C $ 56,306 CRAIG MOELLER: INCREASE IN DEFINED BENEFIT PLAN: $ 41,899 MATCHING CONTRIBUTION TO 401K 4,283 TOTAL REPORTED IN COLUMN C $ 46,182 JOHNIE HENDRIX: INCREASE IN DEFINED BENEFIT PLAN: $ 24,786 MATCHING CONTRIBUTION TO 401K 4,253 TOTAL REPORTED IN COLUMN C $ 29,039 TIM PIRTLE: INCREASE IN DEFINED BENEFIT PLAN: $ 33,269 MATCHING CONTRIBUTION TO 401K 3,402 TOTAL REPORTED IN COLUMN C $ 36,671 CHRIS MASSMAN: INCREASE IN DEFINED BENEFIT PLAN: $ 32,236 MATCHING CONTRIBUTION TO 401K 3,298 TOTAL REPORTED IN COLUMN C $ 35,534 ROB GERLING: INCREASE IN DEFINED BENEFIT PLAN: $ 34,834 MATCHING CONTRIBUTION TO 401K 3,565 TOTAL REPORTED IN COLUMN C $ 38,399 FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING BOARD MEMBERS HAVE A BUSINESS RELATIONSHIP: DAVID TUDOR, DAN SINGLETARY, CHRIS TURNER, JOHN RICHARDS, THOMAS HOWARD, CARMEN HARTWELL, AND CHRIS HAMON. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN THE ASSOCIATION IS LIMITED TO ELECTRIC COOPERATIVES OPERATING PRIMARILY WITHIN THE STATE OF MISSOURI. FORM 990, PART VI, SECTION A, LINE 7A THE BUSINESS AND AFFAIRS OF THE ASSOCIATION ARE MANAGED BY A BOARD OF DIRECTORS CONSISTING OF ONE PERSON FROM EACH MEMBER ORGANIZATION. EACH MEMBER OF THE ASSOCIATION SELECTS A DIRECTOR TO REPRESENT IT ON THE BOARD OF DIRECTORS OF THE ASSOCIATION. EACH MEMBER ALSO SELECTS AN ALTERNATE WHO POSSESSES THE SAME QUALIFICATIONS AS REQUIRED FOR A DIRECTOR, AND SO SHALL SERVE AS A DIRECTOR IN THE EVENT OF THE INABILITY OF THE FIRST PERSON SELECTED TO SERVE. FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS MAY BE ALTERED, AMENDED OR REPEALED BY THE MEMBERS AT ANY REGULAR OR SPECIAL MEETING. THE NOTICE OF SUCH MEETING SHALL CONTAIN A COPY OF THE PROPOSED ALTERATION, AMENDMENT OR REPEAL TO BE CONSIDERED AT SUCH MEETING. FORM 990, PART VI, SECTION B, LINE 11B BEFORE FORM 990 IS FILED, THE GOVERNING BOARD REVIEWS AND APPROVES THE ANNUAL AUDIT REPORT WHICH IS UTILIZED IN THE PREPARATION OF THE FORM 990. THE VICE PRESIDENT OF FINANCE/CFO AND THE EXECUTIVE VICE PRESIDENT/CEO REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, A QUESTIONNAIRE IS MAILED ASKING QUESTIONS RELATING TO CONFLICTS OF INTEREST. THE BOARD MEMBER IS REQUIRED TO SIGN AND DATE THE FORM CERTIFYING THAT THEY HAVE READ THE POLICY, UNDERSTAND THE POLICY, AND AGREE TO COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD PRESIDENT ANNUALLY MAILS THE PERFORMANCE SUMMARY OF THE EXECUTIVE VICE PRESIDENT/CEO TO EACH COMMITTEE MEMBER TO BE COMPLETED AND RETURNED FOR EVALUATION. THE BOARD PRESIDENT THEN REVIEWS THE PERFORMANCE SUMMARY EVALUATION WITH THE COMMITTEE AT THE NEXT MEETING AND THEN PRESENTS THE EVALUATION TO THE EXECUTIVE VICE PRESIDENT/CEO. THE EXECUTIVE COMMITTEE USES THE NRECA COMPARATIVE ANALYSIS REPORT TO COMPARE SALARIES OF OTHER STATEWIDE EXECUTIVE VICE PRESIDENT/CEO'S TO DETERMINE SALARY COMPENSATION. AMEC EMPLOYEES COMPLETE A PERFORMANCE REVIEW WORKSHEET ANNUALLY WHICH IS REVIEWED WITH THEIR SUPERVISOR DURING EVALUATION. THE SUPERVISOR COMPLETES A PERFORMANCE SUMMARY SHEET ON THE EMPLOYEE ALONG WITH REVIEWING THEIR JOB DESCRIPTION. THE DEPARTMENT HEAD, ALONG WITH THE EXECUTIVE VICE PRESIDENT/CEO, USES THE NRECA COMPARATIVE ANALYSIS REPORT TO DETERMINE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 AMEC MAKES FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST DURING BUSINESS HOURS THE SAME DAY AS THE REQUEST IF MADE IN PERSON; OTHERWISE A COPY WILL BE MAILED WITHIN 30 DAYS IF THE REQUEST IS IN WRITING. CONFLICT OF INTEREST: AMEC MAY MAKE CONFLICT OF INTEREST POLICY AVAILABLE UPON REVIEW OF REQUEST. GOVERNING DOCUMENTS: AMEC MAY MAKE GOVERNING DOCUMENTS AVAILABLE UPON REVIEW OF REQUEST. FORM 990, PART VII, COLUMN F IN ORDER TO PROVIDE RETIREMENT BENEFITS TO ITS EMPLOYEES, THE ASSOCIATION HAS ESTABLISHED A DEFINED CONTRIBUTION PLAN UNDER SECTION 401(K) OF THE INTERNAL REVENUE CODE. EMPLOYER CONTRIBUTIONS TO THE PLAN ARE MADE PURSUANT TO THE PLAN DOCUMENT. ADDITIONALLY, THE ASSOCIATION PARTICIPATES IN A MULTI-EMPLOYER DEFINED BENEFIT PLAN. CONTRIBUTIONS TO THIS PLAN ARE BASED ON THE FULL FUNDING LIMITATION OF SUCH PLAN. EMPLOYER CONTRIBUTIONS FOR BOTH PLANS ARE AVAILABLE TO PARTICIPATING EMPLOYEES, INCLUDING OFFICERS, KEY EMPLOYEES AND HIGHLY COMPENSATED EMPLOYEES, MEETING THE ELIGIBILITY REQUIREMENTS OF SUCH PLANS. THE ORGANIZATION ALSO PROVIDES HEALTH AND LIFE INSURANCE TO ALL ELIGIBLE EMPLOYEES THROUGH A QUALIFIED PLAN. THE AMOUNTS REPORTED ON PART VII, COLUMN (F) FOR THE OFFICERS, KEY EMPLOYEES AND HIGHLY COMPENSATED EMPLOYEES IS COMPRISED OF ACTUARIAL INCREASE IN THE DEFINED BENEFIT PLAN, THE TOTAL AMOUNT CONTRIBUTED BY THE ORGANIZATION TO THE DEFINED CONTRIBUTION PLAN AND INSURANCE PAID ON BEHALF OF AND FOR THEIR BENEFIT. FORM 990, PART XI, LINE 9: OTHER COMPREHENSIVE INCOME ADJUSTMENT - EXEC BENEFIT RESTORATION PLAN -4,520. FORM 990, PART XII, LINE 2C THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OVERSEES THE FINANCIAL STATEMENT AUDIT AND SELECTS THE INDEPENDENT FINANCIAL STATEMENT AUDITOR. FORM 990, PART XI, LINE 9 THE EXECUTIVE BENEFIT RESTORATION PLAN ("EBR PLAN") IS AN UNFUNDED AND UNSECURED PLAN, CREATED IN 2019, WHICH IS SPONSORED AND MAINTAINED BY THE ASSOCIATION PRIMARILY FOR THE PURPOSE OF PROVIDING DEFERRED COMPENSATION FOR A SELECT GROUP OF MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES OF THE ASSOCIATION. THE ASSOCIATION'S NET EFFECT CHANGE FROM PRIOR YEAR IS -$4,520.