2024-11-14T15:08:14-05:00 2023-12-31 311413363 BHM CPA GROUP INC 1 E CAMPUS VIEW BLVD STE 300 COLUMBUS OH 43235 990 2023-01-01 344304217 MIDWEST ELECTRIC INC MIDW 4193944110 06029 COUNTY ROAD 33A ST MARYS OH 458859762 MATTHEW BERRY CEO ASSISTANT SEC-TREAS 4193944110 2024-10-30 true false RYAN C HIXENBAUGH CPA P01052454 6143895775 2024-11-14 2023 2024-10-15 13:58:12Z MATTHEW BERRY CEO 06029 COUNTY ROAD 33A ST MARYS OH 458859762 36509133 false X WWW.MIDWESTREC.COM X 1936 OH PURCHASE ELECTRIC POWER AS A MEMBER-OWNED ELECTRIC COOPERATIVE AND EFFECTIVELY DELIVER THAT POWER TO OUR MEMBERS WHO ARE LOCATED THROUGHOUT RURAL WEST-CENTRAL OHIO. 8 8 30 10947 0 34073312 34920078 87292 93760 1400392 1494652 35560996 36508490 115529 92063 2174566 1940214 4740276 4798586 0 0 26890036 27397260 33920407 34228123 1640589 2280367 69714672 72994415 35675679 38770139 34038993 34224276 X TO IMPROVE THE QUALITY OF LIFE FOR OUR MEMBERS AND COMMUNITIES BY SAFELY PROVIDING RELIABLE ELECTRICITY, SUPERIOR CUSTOMER SERVICE, AND INNOVATIVE ENERGY SOLUTIONS AT COMPETITIVE PRICES. false false 34228123 92063 34920078 COOPERATIVE PROVIDING ELECTRICITY TO RURAL CUSTOMERS ON A NON-PROFIT BASIS TO OVER 11,000 METERS AND ENSURING EFFECTIVE DELIVERY OF THE SAME. ALL OF THE METERS ARE LOCATED IN RURAL WEST-CENTRAL OHIO. 34228123 false false false false false false false false false true false false true true true true false false false false false false false false false false true true true false false true false false false false false false false false true true true false true X 37 0 true 30 true true true false false false false 34919970 1594241 false false false X 8 8 false false false false true true true true true false false true true true true true true true true false X KEVIN SCHMIDT CO MIDWEST ELECTRIC 4193944110 06029 COUNTY ROAD 33A ST MARYS OH 458859762 X MATTHEW BERRY CEO ASSISTANT SE 45.00 X 224555 0 112442 KEVIN SCHMIDT MGR FIN & CU 45.00 X 149678 0 87062 PAUL ROGERS MGR ENGINEER 45.00 X 167664 0 63841 KECIA SCHMERGE MEMBER SER S 45.00 X 121292 0 48281 JULIE MARCHAL MGR ADMIN SV 43.00 X 119325 0 35137 ANDREW ROETTINGER LINEMAN FIRS 44.00 X 116386 0 24435 TRAVIS POTTKOTTER LINEMAN FIRS 44.00 X 120510 0 12823 ERIC SCHAAF LINEMAN FIRS 43.00 X 117029 0 9057 JAMES WIECHART PRESIDENT 6.20 X X 16665 0 0 KATHY BRAKE SECRETARY-TR 6.00 X X 14790 0 0 GARY KNAPKE TRUSTEE 4.90 X 13980 0 0 ROGER RANK TRUSTEE 4.30 X 12200 0 0 RANDY HEINL VICE PRESIDE 3.70 X X 11240 0 0 ROBERT BARNT TRUSTEE 3.90 X 10720 0 0 LARRY VANDEMARK TRUSTEE 3.10 X X 10165 0 0 STEVEN BAUER TRUSTEE 3.50 X 9240 0 0 1235439 393078 16 false true false FITZWATER OUTDOOR MAINTENANCE 4617 JAYSVILLE-ST JOHNS ROAD GREENVILLE OH 45331 TREE TRIMMING 320771 NATIONAL INFO SOLUTIONS CORP 3131 TECHNOLGY DRIVE NW MANDAN ND 58554 COMPUTER SUPP 228979 AUNALYTICS INC 128 W COLUMBUS AVE BELLEFONTAINE OH 43311 COMPUTER SUPPOR 215230 LOST TIME CONTROL WEST 2265 BUSINESS HWY 16N DENVER NC 28037 INSPECTIONS 195072 TANTALUS SYSTEMS INC 1130 SITUS COURT STE 230 RALEIGH NC 27606 METER SUPPORT 128466 5 SALE OF ELECTRICITY 221122 34920078 34920078 34920078 90804 90804 115992 115992 115992 115992 2956 2956 2956 2956 690 643 47 47 PATRONAGE CAPITAL EARNED 221122 1367713 1367713 SUBCONTRACT JOBBING 237130 10900 10900 1378613 36508490 34920078 10947 1577465 X 26735 65328 1940214 904242 2592458 479931 588681 233274 85358 27183 19300 1216390 147260 139240 417706 57690 34665 159759 906740 1978389 80400 COST OF POWER SOLD 22858791 KWH USAGE TAX - OHIO 1186926 PERSONAL PROPERTY TAX-OH 947508 USDA FUNCTIONALIZED ACCT -2866045 34228123 0 0 0 435787 1657785 432837 2401198 2964722 943497 896967 615088 803889 301224 341307 70933969 24508834 45361983 46425135 394587 379161 18828471 19525449 69714672 72994415 3520777 3601655 29671072 32547633 2483830 2620851 35675679 38770139 X 34038993 34224276 34038993 34224276 69714672 72994415 X 2280367 -2095084 X X false true X true false 234977 234977 3033554 1571977 1461577 67665438 22936857 44728581 46425135 PATRONAGE INVESTED IN BUCKEYE POWER 15276221 WIP LINE REBUILDING PROJ & NEW SERV 1455836 UNBILLED ELEC SALES REVENUE 1233734 INV IN LT CAP CERT WITH NRUCFC 564346 PATRONAGE INV IN OTHER COOPS 442356 PATRONAGE INVESTMENT IN NRUCFC 215693 EQUITY INV IN HEARTLAND EMERGENCY 205083 POLE ATTACH RENT REV EARNED 125478 INTEREST REC FROM NRUCFC 6702 19525449 ACCRU POST RET MED COV OBLIG 1775162 UNCLAIMED RET PATRONAGE CAPITAL 724632 CONSUMER DEPOSITS 116151 PAYABLE TO MIDWEST ELEC COMMUNITY FD 4906 2620851 X 36496843 36496843 11647 11647 36508490 34216474 34216474 11649 11649 34228123 SCHEDULE D, PAGE 3, PART X THE FOOTNOTE IN THE AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2023 IN REGARDS TO UNCERTAIN TAX POSITION READS, "THE COOPERATIVE COMPLIES WITH ASC 740-10 RELATED TO UNCERTAIN TAX POSITIONS. ASC 740-10 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS TAKEN BY THE COOPERATIVE ON ITS TAX RETURNS THAT THEY CONSIDER TO BE UNCERTAIN OR THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. TAX RETURNS FOR THE YEARS ENDED 2020, 2021, AND 2022 ARE STILL OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE." SCHEDULE D, PAGE 4, PART XI, LINE 4B UBI EXPENSES NETTED TO INCOME 11,647 SCHEDULE D, PAGE 4, PART XII, LINE 4B UBI EXPENSES NETTED TO INCOME 11,649 true MIDWEST ELECTRIC COMMUNITY FUND INC 06029 COUNTY ROAD 33A ST MARYS OH 45885 341872769 501C3 2145 3743 INV & PAY DONATED TIME ALLEIVATE EXPENSES 1 COLLEGE SCHOLARSHIPS 8 12000 CASH VALUE N/A REBATE FOR IN-HOME EV 4 800 CASH VALUE N/A TREE SEEDLING REIMB PROG 20 292 CASH VALUE N/A REBATE FOR IN-HOME APPLIA 117 52236 CASH VALUE N/A SCHEDULE I, PAGE 1, PART I, LINE 2 COLLEGE SCHOLARSHIPS: HIGH SCHOOL SENIORS OF OUR CONSUMER/MEMBERS FILL OUT A PROVIDED APPLICATION TO APPLY FOR THE SCHOLARSHIP. APPLICANTS ARE THEN REVIEWED BY MIDWEST ELECTRIC MANAGEMENT STAFF TO ENSURE THE APPLICANTS MEET THE MINIMUM REQUIREMENTS. OF THE QUALIFIED APPLICATIONS RECEIVED (THIS PAST YEAR AROUND FIFTY-THREE), THEY ARE SCORED AND THE TOP SEVEN SCORES RECEIVE A SCHOLARHIP. IN ADDITION, ONE SCHOLARSHIP WAS RANDOMLY AWARDED TO A QUALIFYING STUDENT THAT ATTENDED OUR ANNUAL MEETING IN JUNE. NO BOARD MEMBER OR EMPLOYEE'S CHILD MAY RECEIVE THIS SCHOLARSHIP. CHECKS ARE MADE OUT DIRECTLY TO THE AWARD RECIPIENTS. EV CHARGING STATION REBATE: TO ENCOURAGE BENEFICIAL ELECTRIFICATION, MIDWEST ELECTRIC WILL OFFER A 200 REBATE FOR ANY RESIDENTIAL MEMBER THAT INSTALLS AN ELECTRIC VEHICLE (EV) CHARGING STATION IN THEIR HOME. TREE SEEDING PROGRAM: ALL MIDWEST ELECTRIC MEMBERS ARE INVITED TO SUBMIT REIMBURSEMENT REQUESTS FOR INVOICES FROM NEWLY PLANTED TREES. EACH MEMBER IS LIMITED TO A MAXIMUM REIMBURSEMENT OF 15 EACH CALENDAR YEAR. IN-HOME APPLIANCE AND WEATHERIZATION - REBATE PROGRAM: COOPERATIVE MEMBERS WERE INVITED THROUGHOUT THE CALENDAR YEAR TO HAVE CERTAIN MAJOR APPLIANCES UPGRADED THAT CONSUME LARGE AMOUNTS OF ELECTRICITY. ELIGIBLE APPLIANCES INCLUDED WATER HEATERS, GEOTHERMAL SYSTEMS, AND DUAL FUEL HEATING SYSTEMS. TO RECEIVE THE REBATE, (1) THE APPLIANCE HAD TO BE INSTALLED IN THE CALENDAR YEAR, (2) EACH WATER HEATER HAD TO ALLOW A LOAD-CONTROL DEVICE TO BE WIRED INTO THE APPLIANCE'S ELECTRICAL SUPPLY, AND (3) EACH GEOTHERMAL AND DUAL FUEL HEATING SYSTEM MUST BE ACCOMPANIED WITH AN ELECTRIC WATER HEATER (WITH A LOAD CONTROL DEVICE). THE COOPERATIVE'S POWER SUPPLIER, BUCKEYE POWER, WOULD THEN CYCLE THROUGH THE LOAD CONTROL DEVICES WHENEVER THEIR POWER PEAK WAS COINCIDENTAL WITH THE REGIONAL TRANSMISSION OPERATOR'S CRITICAL PEAKS. THE PROGRAM IS DESIGNED TO HELP THE HOMEOWNER LOWER THEIR ENERGY CONSUMPTION WITH MODERN APPLIANCES AND HELP THE COOPERATIVE LOWER ITS' CONTRIBUTION TO CRITICAL PEAK PRICING. BY REDUCING SOME/ALL OF THE COINCIDENTAL PEAKS, WE WERE ABLE TO PASS THAT AVOIDED COST SAVINGS BACK TO THE ULTIMATE CONSUMER/MEMBER WITH A REDUCTION IN THE POWER COST ADJUSTMENT REVENUE RIDER. EACH QUALIFIED WATER HEATER RECEIVED A 200 REBATE AND THE APPROVED HEATING SYSTEMS RECEIVED A 500 REBATE. SINCE 2013, MEMBERS WITH ELECTRIC HEAT SOURCES WERE ENCOURAGED TO ADD INSULATION AND CONDUCT AIR SEALING PROJECTS. EACH QUALIFIED INSULATION/AIR SEALING PROJECT WAS ELIGIBLE FOR A 200 REBATE. BEGINNING IN 2017, MEMBERS WERE ELIGIBLE TO RECEIVE A 50 REBATE IF THEY PROVIDED PROOF THAT THEY UPGRADED THEIR REFRIGERATOR OR FREEZER WITH A NEW ONE THAT HAS AN ENERGY STAR RATING. SOME CONSUMERS WERE ABLE TO QUALIFY FOR MULTIPLE REBATES. SCHEDULE I, PAGE 4, PART IV 990 SCHEDULE I, PART II: NO DOMESTIC ORGANIZATION OR GOVERNMENT RECEIVED 5,000 OR MORE IN GRANTS OR OTHER ASSISTANCE. X true true X X X false false false MATTHEW BERRY CEO ASSISTANT SEC-TREAS 212887 628 11040 100328 14682 336997 KEVIN SCHMIDT MGR FIN & CUST SER 142647 1825 5206 57314 31718 236740 PAUL ROGERS MGR ENGINEER & OPER 155672 4887 7105 51727 14151 231505 KECIA SCHMERGE MEMBER SER SUPERVISO 109791 1700 9801 48281 1584 169573 JULIE MARCHAL MGR ADMIN SVCS 114112 1068 4145 15022 21768 154462 JAMES WIECHART TRUSTEE, BOARD PRESI 14 BILL CREDIT TREE SEEDLING REIMBU SCHEDULE L, PART V SCHEDULE L, PART III, GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS: CURRENT TRUSTEE AND BOARD PRESIDENT, JAMES WIECHART, RECEIVED A 14 BILL CREDIT TO BE REIMBURSED FOR PLANTING A NEW TREE. AS LIKE ALL MEMBERS, MIDWEST ELECTRIC WILL REIMBURSE ANY MEMBER FOR PLANTING A NEW TREE. THE MAXIMUM REIMBURSEMENT PER YEAR IS 15. FORM 990 990 CORE, PAGE 3, PART IV, ITEM 4: NOT APPLICABLE, THIS IS NOT A 501(C)(3) ENTITY. 990 CORE, PAGE 3, PART IV, ITEM 20B: NOT APPLICABLE, THIS ORGANIZATION DOES NOT OPERATE ANY HOSPITAL FACILITIES. 990 CORE, PAGE 4, PART IV, ITEM 25A: NOT APPLICABLE, THIS IS NOT A 501(C) (3) OR A 501(C)(4) OR A 501(C)(29) ENTITY. 990 CORE, PAGE 4, PART IV, ITEM 25B: NOT APPLICABLE, THIS IS NOT A 501(C) (3) OR A 501(C)(4) OR A 501(C)(29) ENTITY. 990 CORE, PAGE 4, PART IV, ITEM 36: NOT APPLICABLE, THIS IS NOT A 501(C) (3) ENTITY. 990 CORE, PAGE 10, PART IX, LINE 4: IN ADHERING TO IRS 990 INSTRUCTIONS, PATRONAGE CAPITAL RETIRED TO ACTIVE AND FORMER MEMBERS FOR THE CALENDAR YEAR IS REPORTED ON THIS LINE. CONCEPTUALLY, PATRONAGE CAPITAL REPRESENTS A MEMBER'S OWNERSHIP IN A COOPERATIVE AND ANY RETIREMENT OF PATRONAGE CAPITAL IS, IN FACT, A RETURN OF THAT INVESTMENT AND NOT A TRADITIONAL EXPENSE AS VIEWED IN STANDARD ACCOUNTING RULES. BY INCLUDING THIS AMOUNT ON THE STATEMENT OF FUNCTIONAL EXPENSES, WE HAVE OVERSTATED OUR CURRENT YEAR'S EXPENSE BY 1,940,214 AND WE HAD TO CREATE A BALANCING ADJUSTMENT ON LINE 24D TO PROPERLY ADJUST OUR EXPENSES BACK TO GAAP AND USDA ACCOUNTING METHODOLOGY. 990 CORE, PAGE 10, PART IX, LINE 24D: IN ADHERING TO THE IRS 990 INSTRUCTIONS FOR EXPENSE DISCLOSURES ON PART IX, STATEMENT OF FUNCTIONAL EXPENSES, ITEMS THAT ARE NOT TREATED AS CURRENT YEAR EXPENSES ON OUR AUDITED STATEMENTS HAVE BEEN OVERSTATED ON THIS TAX RETURN. FOR INSTANCE, LARGE PORTIONS OF LABOR, LABOR OVERHEAD, AND SUBCONTRACTED LABOR ARE CAPITALIZED IN THE COOPERATIVE'S FIXED ASSETS IN ACCORDANCE WITH USDA ACCOUNTING PROCEDURES. THESE ASSETS HAVE A MULTI-YEAR LIFE AND ARE EITHER DEPRECIATED OR AMORTIZED OVER THEIR USEFUL LIFE. THEREFORE, BY REPORTING OUR GROSS PAYROLLS IN LINES 5,7, 8, 9, AND 10, WE NEED TO RECOGNIZE AN OFFSETTING AMOUNT IN LINE 24D TO PROPERLY IDENTIFY THESE LABOR COSTS THAT HAVE BEEN CAPITALIZED AS AN ELEMENT OF FIXED ASSETS. IN ADDITION, AS STATED ABOVE IN LINE 4, THE RETIREMENT OF PATRONAGE CAPITAL IS NOT VIEWED AS A TRADITIONAL EXPENSE BUT RATHER AS A RETURN OF INVESTED CAPITAL. THEREFORE, THE ENTIRE AMOUNT ON LINE 4 (1,940,214) IS NOT CONSIDERED AN EXPENSE FOR GAAP OR USDA STANDARDS AND BY INCLUDING THIS AMOUNT ON LINE 4, WE NEED TO CREATE AN OFFSET AMOUNT ON LINE 24D TO SUCCESSFULLY ADJUST OUR TOTAL FUNCTIONAL EXPENSES BACK TO THE AUDITED BALANCE OF 34,228,123. 990 CORE, PAGE 10, PART IX, COLUMNS B-D: SINCE THIS ENTITY IS NOT A 501 (C)(3) OR A 501(C)(4) ENTITY, COLUMNS B, C, AND D WERE NOT REQUIRED TO BE FILLED OUT AND WERE NOT COMPLETED ON THIS RETURN. 990 CORE, PAGE 10, PART IX, LINE 26: THIS ENTITY HAS NO JOINT COSTS FROM COLUMN B TO REPORT. 990 SCHEDULE D, PART I: THIS SECTION WAS NOT APPLICABLE. 990 SCHEDULE D, PART II: THIS SECTION WAS NOT APPLICABLE. 990 SCHEDULE D, PART III: THIS SECTION WAS NOT APPLICABLE. 990 SCHEDULE D, PART IV: THIS SECTION WAS NOT APPLICABLE. 990 SCHEDULE D, PART V: THIS SECTION WAS NOT APPLICABLE. 990 SCHEDULE D, PART VII: THIS SECTION WAS NOT APPLICABLE. 990 SCHEDULE D, PART VIII: THIS SECTION WAS NOT APPLICABLE. 990 SCHEDULE J, PART I, ITEMS 5-9: NOT APPLICABLE - THIS IS NOT A 501(C) (3), A 501(C)(4), OR A 501(C)(29) ENTITY. 990 SCHEDULE L, PART I: THIS SECTION WAS NOT APPLICABLE. 990 SCHEDULE L, PART II: THIS SECTION WAS NOT APPLICABLE. 990 SCHEDULE L, PART IV: THIS SECTION WAS NOT APPLICABLE. 990 SCHEDULE R, PART I: THIS SECTION WAS NOT APPLICABLE. 990 SCHEDULE R, PART III: THIS SECTION WAS NOT APPLICABLE. 990 SCHEDULE R, PART IV: THIS SECTION WAS NOT APPLICABLE. 990 SCHEDULE R, PART VI: THIS SECTION WAS NOT APPLICABLE. FORM 990, PART III 990 CORE, PAGE 2, PART III, ITEM 4E: SINCE FUNCTIONALIZED BREAK-OUTS ARE NOT REQUIRED ON PART IX, THE TOTAL ON PART IX, LINE 25, COLUMN (B) IS NOT AVAILABLE. ADDITIONALLY, THE ENTITY IS NOT A 501(C)(3) OR A 501(C)(4) ENTITY. FORM 990, PART V 990 CORE, PAGE 1, ITEM H(B): NOT APPLICABLE SINCE THERE ARE NO SUBORDINATES. 990 CORE, PAGE 5, PART V, ITEM 5C: NOT APPLICABLE - THE FILING OF FORM 8886-T WAS NOT REQUIRED. 990 CORE, PAGE 5, PART V, ITEM 6B: NOT APPLICABLE - NO TAX DEDUCTIBLE CHARITABLE CONTRIBUTIONS WERE RECEIVED. 990 CORE, PAGE 5, PART V, ITEMS 7A-H: NOT APPLICABLE - THIS ENTITY CAN NOT RECEIVE TAX DEDUCTIBLE CONTRIBUTIONS UNDER SECTION 170(C). 990 CORE, PAGE 5, PART V, ITEM 8: NOT APPLICABLE - THIS ENTITY DOES NOT MAINTAIN DONOR ADVISED FUNDS. 990 CORE, PAGE 5, PART V, ITEM 9A: NOT APPLICABLE - THIS ENTITY DOES NOT MAINTAIN DONOR ADVISED FUNDS. 990 CORE, PAGE 5, PART V, ITEM 9B: NOT APPLICABLE - THIS ENTITY DOES NOT MAINTAIN DONOR ADVISED FUNDS. 990 CORE, PAGE 5, PART V, ITEM 10A: NOT APPLICABLE, THIS IS NOT A 501(C) (7) ENTITY 990 CORE, PAGE 5, PART V, ITEM 10B: NOT APPLICABLE, THIS IS NOT A 501(C) (7) ENTITY. 990 CORE, PAGE 5, PART V, ITEM 12A: NOT APPLICABLE, THIS IS NOT A SECTION 4947(A)(1) NON-EXEMPT CHARITABLE TRUST. 990 CORE, PAGE 5, PART V, ITEM 12B: NOT APPLICABLE, THIS IS NOT A SECTION 4947(A)(1) NON-EXEMPT CHARITABLE TRUST. 990 CORE, PAGE 5, PART V, ITEM 13A: NOT APPLICABLE, THIS IS NOT A 501(C) (29) QUALIFIED NONPROFIT HEALTH INSURANCE ISSUER. 990 CORE, PAGE 5, PART V, ITEM 13B: NOT APPLICABLE, THIS IS NOT A 501(C) (29) QUALIFIED NONPROFIT HEALTH INSURANCE ISSUER. 990 CORE, PAGE 5, PART V, ITEM 13C: NOT APPLICABLE, THIS IS NOT A 501(C) (29) QUALIFIED NONPROFIT HEALTH INSURANCE ISSUER. 990 CORE, PAGE 5, PART V, ITEM 14B: NOT APPLICABLE - THE FILING OF FORM 720 WAS NOT REQUIRED TO REPORT PAYMENTS FOR INDOOR TANNING SERVICES. 990 CORE, PAGE 5, PART V, ITEM 17: NOT APPLICABLE, THIS IS NOT A 501(C) (21) ENTITY. FORM 990, PART VI 990 CORE, PAGE 6, PART VI, SECTION B, ITEM 16B: NOT APPLICABLE - THIS ENTITY DID NOT INVEST IN ANY JOINT VENTURE OR ANY OTHER SIMILAR ARRANGEMENT WITH A TAXABLE ENTITY DURING THE CALENDAR YEAR. FORM 990, PAGE 6, PART VI, LINE 6 990 CORE, PAGE 6, PART VI, SECTION A, ITEM 6: EACH CUSTOMER WHO RECEIVES POWER FROM OUR DISTRIBUTION NETWORK BECOMES A VOTING MEMBER OF THE COOPERATIVE. AFTER THE YEAR-END AUDIT, ANY EXCESS MARGINS ARE ALLOCATED BACK TO THE MEMBERS FROM THE YEAR JUST CLOSED BASED UPON THEIR CONTRIBUTIONS TO THE MARGINS. FORM 990, PAGE 6, PART VI, LINE 7A 990 CORE, PAGE 6, PART VI, SECTION A, ITEM 7A: THE SAME MEMBERS WHO ARE IDENTIFIED IN QUESTION SIX HAVE THE OPPORTUNITY TO VOTE FOR THE EIGHT BOARD MEMBER SEATS THAT COME UP FOR RE-ELECTION; BOARD MEMBERS HAVE THREE-YEAR TERMS. VOTING IS HANDLED BY AN INDEPENDENT THIRD PARTY AND IS DONE THROUGH THE MAIL AND AN ONLINE WEBSITE. FORM 990, PAGE 6, PART VI, LINE 7B 990 CORE, PAGE 6, PART VI, SECTION A, ITEM 7B: THE SAME MEMBERS WHO ARE IDENTIFIED IN QUESTION SIX HAVE THE OPPORTUNITY TO VOTE FOR ANY PROPOSED CHANGES IN THE ORGANIZATION'S ARTICLES OF INCORPORATION AND CODE OF REGULATIONS. IT TAKES A MAJORITY OF THE VOTES CAST TO APPROVE ANY OF THE PROPOSED REGULATION CHANGES. BOARD MEMBERS CAN NOT CHANGE THE ARTICLES OF INCORPORATION OR THE CODE OF REGULATIONS WITHOUT A CONSENTING MEMBERSHIP VOTE. FORM 990, PAGE 6, PART VI, LINE 10B 990 CORE, PAGE 6, PART VI, SECTION B, ITEM 10B: THIS ENTITY HAS NO LOCAL CHAPTERS, BRANCHES, OR AFFILIATES. FORM 990, PAGE 6, PART VI, LINE 11B 990 CORE, PAGE 6, PART VI, SECTION B, ITEM 11B: DURING A MONTHLY BOARD MEETING, A DIGITAL VERSION OF FORM 990 AND THE REQUIRED SCHEDULES WERE REVIEWED BY ALL ATTENDING BOARD MEMBERS, THE COOPERATIVE ATTORNEY, THE CEO, THE MANAGER OF FINANCE AND CUSTOMER SERVICE, AND THE MANAGER OF ADMINISTRATIVE SERVICES. ALL PRESENT WERE ASKED IF THEY HAD ANY QUESTIONS OR DISAGREEMENTS WITH THE PROPOSED FILING. NO CHANGES WERE SUGGESTED. FORM 990, PAGE 6, PART VI, LINE 12C 990 CORE, PAGE 6, PART VI, SECTION B, ITEM 12C: ANNUALLY, THE BOARD MEMBERS AND OFFICERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST AND DISCLOSURE QUESTIONNAIRE. BASED UPON THE RESULTS OF THAT QUESTIONNAIRE, ANY REPORTED CONFLICTS WITH THIRD PARTIES OR INTERNAL PARTIES ARE IDENTIFIED AND MAY AFFECT THE BOARD MEMBER'S STATUS. IF A CONFLICT IS SMALL, THE BOARD MEMBER MUST RECUSE HIMSELF FROM DECISIONS INVOLVED WITH THAT ENTITY/PERSON. IF THE CONFLICT IS SUBSTANTIAL OR PROHIBITIVE BASED UPON THE CODE OF REGULATIONS, THE BOARD MEMBER WOULD BE SUBJECT TO REMOVAL AS DETAILED IN ARTICLE IV AND ARTICLE VI OF THE CODE OF REGULATIONS. FORM 990, PAGE 6, PART VI, LINE 15A 990 CORE, PAGE 6, PART VI, SECTION B, ITEM 15: ANNUALLY, THE BOARD PAYS FOR AN INDEPENDENT CONSULTANT TO PERFORM A WAGE AND SALARY COMPARISON OF COOPERATIVE WAGES AGAINST THOSE OF LOCAL, STATE, AND NATIONAL BUSINESSES OF LIKE-KIND SIZE. THE COMPENSATION GOAL OF THE BOARD IS TO SET PAY WITHIN A STANDARD DEVIATION OF THE AVERAGE WAGE PAID FOR THAT POSITION IN THESE SIMILAR-SIZED ORGANIZATIONS. THE CEO WILL THEN USE THE SAME WAGE STUDY AND TECHNIQUES TO SET THE INDIVIDUAL WAGES FOR MANAGEMENT PERSONNEL OF THE COOPERATIVE. EACH YEAR THE BOARD OF DIRECTORS WILL CONDUCT A PERFORMANCE REVIEW OF THE CEO TO REVIEW PAST PERFORMANCE AND SET SHORT-TERM AND LONG- TERM GOALS. THE BOARD WILL THEN HAVE AN EXECUTIVE SESSION TO DISCUSS AND ARRIVE AT THE CEO'S SALARY FOR THE UPCOMING YEAR. FORM 990, PAGE 6, PART VI, LINE 15B 990 CORE, PAGE 6, PART VI, SECTION B, ITEM 15: ANNUALLY, THE BOARD PAYS FOR AN INDEPENDENT CONSULTANT TO PERFORM A WAGE AND SALARY COMPARISON OF COOPERATIVE WAGES AGAINST THOSE OF LOCAL, STATE, AND NATIONAL BUSINESSES OF LIKE-KIND SIZE. THE COMPENSATION GOAL OF THE BOARD IS TO SET PAY WITHIN A STANDARD DEVIATION OF THE AVERAGE WAGE PAID FOR THAT POSITION IN THESE SIMILAR-SIZED ORGANIZATIONS. THE CEO WILL THEN USE THE SAME WAGE STUDY AND TECHNIQUES TO SET THE INDIVIDUAL WAGES FOR MANAGEMENT PERSONNEL OF THE COOPERATIVE. EACH YEAR THE BOARD OF DIRECTORS WILL CONDUCT A PERFORMANCE REVIEW OF THE CEO TO REVIEW PAST PERFORMANCE AND SET SHORT-TERM AND LONG- TERM GOALS. THE BOARD WILL THEN HAVE AN EXECUTIVE SESSION TO DISCUSS AND ARRIVE AT THE CEO'S SALARY FOR THE UPCOMING YEAR. FORM 990, PAGE 6, PART VI, LINE 19 990 CORE, PAGE 6, PART VI, SECTION C, ITEM 19: THE COOPERATIVE GIVES THE ARTICLES OF INCORPORATION AND THE CODE OF REGULATIONS TO ALL NEW MEMBERS (EITHER BY MAIL OR E-MAIL); ANY CURRENT MEMBER MAY ALSO REQUEST A COPY OF THESE DOCUMENTS. THE CONFLICT OF INTEREST POLICY WILL BE GIVEN TO MEMBERS UPON REQUEST. THE COOPERATIVE'S FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST BUT ARE ALSO PUBLISHED ANNUALLY IN THE MEMBER'S MONTHLY PUBLICATION OF THE OHIO COOPERATIVE LIVING MAGAZINE. THE AUDITED STATEMENTS ARE TYPICALLY DISPLAYED IN THE MAGAZINE IN THE MONTH PRECEDING THE JUNE ANNUAL MEETING. FORM 990, PART VII 990 CORE, PAGE 7, PART VII, SECTION A, ITEM 1A, COLUMN A: PRIOR TO THE 990 COMPLETION, EACH BOARD MEMBER, OFFICER, AND KEY EMPLOYEE WAS GIVEN AN INFORMATION-GATHERING QUESTIONNAIRE TO COMPLETE. THE QUESTIONNAIRE EXPLAINED REPORTABLE CONDITIONS AND GAVE THE IRS' DEFINITION ON KEY TERMS. UPON RECEIPT OF ALL 11 QUESTIONNAIRES, THEY WERE REVIEWED TO IDENTIFY ANY REPORTABLE SITUATION. ADDITIONALLY, IF ANY REPORTABLE SITUATION WAS KNOWN OR OBSERVED BY ANOTHER GOVERNING MEMBER, THEY WERE EXPRESSED WITH THE NECESSITY TO COME FORWARD WITH THAT INFORMATION. FORM 990, PART XI, LINE 9 REFUND OF MEMBER PATRONAGE CAPITAL WITH GENERAL RETIREMENTS (1,967,207) REFUND OF MEMBER PATRONAGE DUE TO SPECIAL ESTATE RETIREMENTS (147,884) OTHER COMPREHENSIVE INCOME- CHANGE OF FAS106 VALUATION (100,048) FORFEITURE OF UNCLAIMED PATRONAGE CAPITAL 67,055 DISCOUNT ON EARLY RETIREMENT OF ESTATE PATRONAGE 53,000 TOTAL OTHER CHANGES IN FUND BALANCE (2,095,084) FORM 990, PART XII 990 CORE, PAGE 12, PART XII, ITEM 1: THIS ENTITY DID NOT CHANGE ITS' ACCOUNTING METHOD. 990 CORE, PAGE 12, PART XII, ITEM 2C: THE BOARD OF DIRECTORS HAS A SUB- COMMITTEE THAT HAS THE RESPONSIBILITY OF SELECTING AN INDEPENDENT AUDITOR TO ANNUALLY AUDIT THE COOPERATIVE'S FINANCIAL STATEMENTS. THE COMMITTEE HAS THE ABILITY TO MEET WITH THE AUDITOR PRIOR TO AND AFTER THE AUDIT HAS BEEN COMPLETED. THIS PROCESS HAS BEEN CONSISTENT FROM YEAR-TO-YEAR. 990 CORE, PAGE 12, PART XII, ITEM 3B: NO AUDIT UNDER UNIFORM GUIDANCE, 2 C.F.R. PART 200, SUBPART F WAS REQUIRED THIS YEAR. MIDWEST ELECTRIC COMMUNITY CONNECT 06029 COUNTY RD 33A ST MARYS OH 458859762 341872769 ASSISTANCE OH 501C3 7 MIDWEST ELECTRIC true false false false false false false false false false false false true false false true false false false false MIDWEST ELECTRIC INC I 1550 INVOICED AMOUNT MIDWEST ELECTRIC INC I 595 DETAILED EXPENSES MIDWEST ELECTRIC INC O 3743 PAY RATE OF HRS DEVOTED