2024-10-24T13:54:52-04:00 2023-12-31 743040374 Kelso Lynch PC PA 6700 Squibb Rd Ste 215 Mission KS 662023252 990 2023-01-01 480441812 Sumner-Cowley Electric Cooperative Inc SUMN PO Box 220 Wellington KS 67152 Coni Adams CEO 6203263356 2024-10-24 true true George Lynch P00187596 9138311150 2024-10-24 2023 2024-10-15 13:58:12Z Coni Adams 12660028 false X www.sucocoop.com X 1938 KS To provide reliable energy and related services to our members at the lowest cost. 7 7 14 0 0 0 13288468 12531675 40492 62753 47047 65600 13376007 12660028 0 785278 689828 753486 662571 0 0 11837243 11307629 13376007 12660028 0 36302479 37315478 12516270 13391133 23786209 23924345 X To provide reliable energy and related services to our members at the lowest cost. false false Sumner-Cowley Electric Cooperative, Inc. proudly serves 3,675 members with 1,876 miles of line in rural communities of Sumner, Cowley, Harper, Sedgwick, Butler and Kingman counties. false false false false false false false false true false true false true true 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 false false false true 101 0 true 14 true false false false false false 12864189 354596 false false false X 7 7 false false false false true true true true true false false true true true true false true true true false X Stacy Wiley 6203263356 PO Box 220 Wellington KS 67152 Coni Adams CEO 45.00 0.00 X 187894 0 124889 Stacy Wiley Director of Finance 45.00 0.00 X 109866 0 49377 Jordan Creed Director of Operations 45.00 0.00 X 109846 0 22798 Jim McMullin Director 5.00 0.00 X 12429 0 0 Keith Leddy Director 5.00 0.00 X 10425 0 0 John Schon Director 5.00 0.00 X 9329 0 0 Gabe Schlickau Director 5.00 0.00 X 8174 0 0 Jeff Swanson Executive Dir 5.00 0.00 X 6498 0 0 Craig Knudsen Director 5.00 0.00 X 5788 0 0 John Beard Director 5.00 0.00 X 5257 0 0 465506 0 197064 3 false true false JJ Powerlines Inc PO Box 861 Dodge City KS 67801 Contract Labor 1426107 Circle G Tree Service 13600 Prentice Road Newkirk OK 74647 Tree Service 380400 Border States NW 7235 P O Box 1452 Minneapolis MN 55485 Material Supplier 179837 Elecricomm Inc P O Box 8324 Topeka KS 66608 Materials 220048 National Information Solutions PO Box 1147 Mandan ND 58554 Software Provider 112187 5 Sale of Electricity 221000 12250326 12250326 Capital Credits 221000 146695 146695 Miscellaneous 221000 134654 134654 12531675 62753 62753 13574 13574 13574 13574 Non-Operating 900099 52026 52026 52026 12660028 12583701 0 76327 X 689828 529927 132644 493382 1289286 Cost of Power 6173010 6173010 Distribution Expense 1872530 1872530 Admin & General 1021813 1021813 Member Services 449954 449954 7654 12660028 0 0 0 1588228 2774549 1264808 799310 492134 464862 57548 34388 35633635 7565453 27735340 28068182 5164421 5174187 36302479 37315478 1120445 848598 28635 322545 10842588 11585455 524602 634535 12516270 13391133 X 2596182 2762697 21190027 21161648 23786209 23924345 36302479 37315478 X 0 138136 X X false true X true 227084 227084 1237092 819056 418036 34169459 6746397 27423062 28068182 Investment in Associated Organizati 4474608 C Other Investments 300000 C Subordinated Certificates 399579 C 5174187 Other Current Liabilities 634535 634535 X 12660028 12660028 12660028 11970200 11970200 689828 689828 12660028 Other expenses included on Form 990 (Part XII, line 4b) Margins Assigned to Members $689,828 Footnote for uncertain tax position under FIN 48 (Part X) The Association has a letter of exemption from federal income tax, issuedby the Internal Revenue Service and filed IRS Form 990 annually. Anevaluation of whether or not it has uncertain tax positions is determinedon an annual basis by the Association While the Association believes ithas adequately provided for all tax positions, amounts asserted by taxingauthorities could be different than the positions taken by the Association.The Association recognizes any interest and penalties assessed by taxingauthorities in income tax expense, and with few exceptions, is no longersubject to federal, state, or local tax examinations by tax authorities foryears prior to 2020. X X false false false Coni Adams CEO 187894 109584 15305 312783 Stacy Wiley Director of Finance 109866 30502 18875 159243 Members or stockholder classes and rights Part VI line 6 The Cooperative is a not-for-profit membership organization whose members have identical voting rights and are assigned margins in accordance with the organizations bylaws. Member election for additional members Part VI line 7a All board members are elected by the membership at the Cooperative. Governing body decisions Part VI line 7b The members of the Cooperative approve all bylaw changes. Form 990 governing body review Part VI line 11 The CEO and Director of Finance review the 990. Upon completion of their review the 990 is posted (password protected) on the Cooperative Directors App. The CEO notifies the Board members that the 990 is posted for their review and allows two weeks for their review. A hard copy is also provided to the Board members. Approximately two weeks after posting the 990 is finalized and is authorized by the CEO to be e filed. Conflict of interest policy compliance Part VI line 12c Conflict of interest documents signed by all boared members after every annual meeting or at a board meeting. CEO executive director top management comp Part VI line 15a The Board reviews manager comparability data when giving final approval on the CEO salary. The Board looks at manager surveys of KEC and NRECA for comparison purposes prior to giving final approval on salaries. Other officer or key employee compensation Part VI line 15b The Board looks at manager surveys of KEC and NRECA for comparison purposes prior to giving final approval on salaries. The CEO has access to data to use to evaluate salaries and benefits in comparison to other cooperativesin the state and nationally. Governing documents etc available to public Part VI line 19 Bylaws are offered to all new members; all other documents are available at any time upon request. Financial statements are published in the Kansas Country Living Magazine on an annual basis. Explanation of other changes in net assets or fund balances Part XI line 9 Net Margins Assigned to Members $ 689,828Capital Credit Gains $ 13,260Increase in Memberships $ 440Other Changes $ 152,815Retirement of Capital Credits $ -718,207 Total $ 138,136 Part III response or note to any other line in Part III Part III, Line 1 - Organizations MissionSumner-Cowley Electric Cooperative, guided by cooperative principles, pledges to continue building on its heritage of providing reliable energy services with an eye on future technologies. 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 the 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. Part XII Response or note to any line in Part XII Part XII, Line 2c - Change in Financial Review ProcessSumner-Cowley Electric Cooperative, Inc. did not change its process of selection or oversight for the year ended December 31, 2023.