2024-11-12T11:54:09-05:00 2023-12-31 743040374 Kelso Lynch PC PA 6700 Squibb Rd Ste 215 Mission KS 662023252 990 2023-01-01 430184419 Black River Electric Cooperative BLAC PO Box 31 Fredericktown MO 63645 John H Singleton CEO 5737833381 2024-11-11 true true George Lynch P00187596 9138311150 2024-11-12 2023 2024-10-15 13:58:12Z John H Singleton 56317105 false X WWW.BREC.COOP X 1938 MO To provide electric power. 9 9 87 0 0 0 50848395 55703939 502554 127392 173793 196254 51524742 56027585 0 2116207 3389982 1582123 1367246 0 0 47826412 51270357 51524742 56027585 0 155949633 156527531 77193949 75544406 78755684 80983125 To provide electric power. false false Distribution of electrical power to consumers false false true false false false false false false true false true false true true false false false false false false false false false false false false false true false false false false false false false false false false false false false false false true 74 0 true 87 true false false false false false 51866047 3460453 false false false X 9 9 false false false false true true true true true false false true true true true true false true false false X John H Singleton 5737833381 PO Box 31 Fredericktown MO 63645 John H Singleton CEO 60.00 0.00 X 195169 0 139220 Donald E England Manager Line Distribution 50.00 0.00 X 156510 0 121232 Paul Montgomery VP Engineering 60.00 0.00 X 186312 0 87272 John C Eaves CFO 60.00 0.00 X 172965 0 63778 Korey King District Manager 50.00 0.00 X 135739 0 65499 Thomas Mooney Secretary 15.00 0.00 X 5950 0 0 Dennis Bess Director 10.00 0.00 X 5500 0 0 James W Hovis Director 10.00 0.00 X 5400 0 0 Harold Ellinghouse Vice President 15.00 0.00 X 5050 0 0 Mark Bollinger Director 10.00 0.00 X 5050 0 0 Jim Scaggs Director 10.00 0.00 X 4450 0 0 Bruce Gastineau Director 10.00 0.00 X 4150 0 0 Gary Cook President 15.00 0.00 X 4150 0 0 Jerry Ellis Director 10.00 0.00 X 3850 0 0 890245 0 477001 28 false true false Sargent Construction Company 710 Star Lane Fredericktown MO 63645 Construction 5389255 Townsend Tree Service Inc PO Box 7015 Muncie IN 47308 ROW Contractor 3543007 Arkansas Electric Cooperatives PO Box 190257 Little Rock AR 72219 Utility SvsMat 3394134 Koppers Utility Indust Products 1244476 Anixter Inc 786537 13 Sale of Electricity 221000 52119030 52119030 Capital Credits 221000 2995525 2995525 Other Operating 221000 589384 589384 55703939 307420 307420 163158 163158 163158 163158 109492 289520 -180028 -180028 -180028 Non-Operating 900099 33096 33096 33096 56027585 55737035 0 290550 X 3389982 614682 752564 2748745 4610130 Cost of Power 29403648 29403648 Distribution Expense 8755328 8755328 Admin & General 2518368 2518368 Member Services 1663771 1663771 1570367 56027585 0 0 0 2158285 977536 8948000 4962078 4356273 2190305 2485207 326747 2400450 173645223 61868100 104720429 111777123 32643789 34530942 155949633 156527531 14528806 12044882 1500000 1000000 60415864 59373795 2537233 749279 588496 77193949 75544406 X 78755684 80983125 78755684 80983125 155949633 156527531 X 0 2227441 X false false 2500 2500 2500 true AMECPAC PO Box 1645 Jefferson City MO 65102 431441879 2500 2881471 2881471 10181124 2365714 7815410 160582628 59502386 101080242 111777123 Investment in Assoc Organizations 33130600 C Capital Term Certificates 1400342 C 34530942 OPEB Liability 588496 588496 X Footnote for uncertain tax position under FIN 48 (Part X) The Cooperative has been granted exemption from federal income taxes under Section 501(c)(12) of the Internal Revenue Code and files IRS Form 990 annually. An evaluation of whether or not it has any uncertain tax positions is determined on an annual basis by the Cooperative. While the Cooperative believes it has adequately provided for all tax positions, amounts asserted by taxing authorities could be different than the positions taken by the Cooperative. The Cooperative recognizes any interest and penalties assessed by taxing authorities in income tax expense and, with few exceptions, is no longer subject to federal, state, or local income tax examinations by tax authorities for years before 2020. X X X false false false John H Singleton CEO 195169 108990 30230 334389 John C Eaves CFO 172965 33948 29830 236743 Paul Montgomery VP Engineering 186312 57442 29830 273584 Donald E England Manager Line Distribution 156510 91466 29766 277742 Korey King District Manager 135739 35963 29536 201238 Members or stockholder classes and rights Part VI line 6 BLACK RIVER ELECTRIC COOPERATIVE IS A MEMBER OWNED COOPERATIVE. Member election for additional members Part VI line 7a THE ORGANIZATION HAS MEMBERS WHO ELECT THE MEMBERS OF THE GOVERNING BODY. Governing body decisions Part VI line 7b THE DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO THE MEMBERS. Form 990 governing body review Part VI line 11 THE FORM 990 IS REVIEWED BY THE CFO PRIOR TO FILING. Conflict of interest policy compliance Part VI line 12c MANAGEMENT IS RESPONSIBLE FOR ENFORCING POLICIES AND IS PROACTIVE IN DOING SO. IN ADDITION, ALL EMPLOYEES ARE ENCOURAGED TO REPORT POTENTIAL VIOLATIONS OF POLICY AS WELL AS ANY ISSUES WHERE POLICY APPLICATION QUESTIONS ARISE TO MANAGEMENT. CEO executive director top management comp Part VI line 15a CEO COMPENSATION IS DELIBERATED AND ESTABLISHED BY THE BOARD OF DIRECTORS. Governing documents etc available to public Part VI line 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE CEO AND AT THE ANNUAL MEMBERSHIP MEETING. Audited by an independent accountant Part XII line 2b Form 990, Part XII, Line 2Black River Electric Cooperatives financial statement year end differs from its tax year end. The Cooperative receives audited financial statements on an annual basis for the year ended March 31st. Explanation of other changes in net assets or fund balances Part XI line 9 Net Margins Assigned to Members $ 3,389,982Increase in Memberships $ 3,741Change in OCI $ 86,610Other Changes $ 158,497Retirement of Capital Credits $ -1,411,389 Total $ 2,227,441 Part IX response or note to any line in Part IX Form 990, Part IX, Line 4The instructions to the 2023 Form 990 indicate that organizations exempt under Section 501(c)(12) should report patronage dividends paid to their members in Part IX, Line 4 of Form 990. The Cooperative has interpreted the words patronage dividends paid in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year ended December 31, 2023.