2025-09-24T00:05:09-05:00 2024-12-31 450250958 EIDE BAILLY LLP 345 N REID PL STE 400 SIOUX FALLS SD 571037034 990 2024-01-01 814078510 FREESTATE ELECTRIC COOPERATIVE INC FREE 7854783444 1100 SW AUBURN ROAD TOPEKA KS 666151426 CHRISTOPHER S PARR CEO 7854783444 2025-09-23 1 1 LAURIE HANSON CPA P00851848 6053391999 2025-09-23 2024 2025-03-06 01:10:19Z CHRISTOPHER S PARR 1100 SW AUBURN ROAD TOPEKA KS 666151426 47387640 0 X WWW.FREESTATE.COOP X 2017 KS PROVIDE ELECTRIC POWER AND RELATED SERVICES TO MEMBERS 9 9 98 0 0 0 0 0 45366168 47008738 327866 333480 50962 20111 45744996 47362329 10924 3675 1338166 1404652 633190 665923 0 0 0 43762716 45288079 45744996 47362329 0 0 125115119 134431557 78950181 87263439 46164938 47168118 TO PROVIDE RELIABLE ELECTRIC POWER AND RELATED SERVICES TO OUR MEMBERS AT THE MOST AFFORDABLE COST. 0 0 PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 15,819 MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 34 0 1 98 1 0 0 0 0 0 0 0 47905861 1228660 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 X JILL TAGGART 8007941989 1100 SW AUBURN ROAD TOPEKA KS 666151426 X RALPH PHILLIPS TRUSTEE 2.80 X 13211 0 0 ROBERT SAGE TRUSTEE 1.90 X 9466 0 0 DON MONTGOMERY SECRETARY 2.30 X X 12391 0 0 LARRY BUTEL TREASURER 2.30 X X 10466 0 0 MARK WULFKUHLE VICE PRESIDENT 2.20 X X 11416 0 0 BILL CONLEY TRUSTEE 2.00 X 10066 0 0 JEANINE MURPHY PRESIDENT 2.00 X X 8666 0 0 MATT TURECEK TRUSTEE 1.70 X 9216 0 0 KAROL LOHMAN TRUSTEE 1.80 X 12216 0 0 CHRISTOPHER PARR CEO 46.00 X 262621 0 77323 JILL TAGGART CFO 42.50 X 135790 0 54094 ZACHARY STERLING CHIEF OPERATIONS OFFICER 43.00 X 142694 0 87584 JEREMY CAMERON JOURNEYMAN LINEMAN 50.10 X 141794 0 40839 KYLE HALLGREN JOURNEYMAN LINEMAN 55.40 X 158757 0 43982 BRENT EDGECOMB CHIEF INFORMATION OFFICER 43.10 X 133666 0 43300 BRYCE SHAVER LINE FOREMAN 46.50 X 137289 0 44364 1209725 0 391486 27 0 1 0 HEARTLAND MIDWEST LLC 15795 S MAHAFFIE ST SUITE 100 OLATHE KS 66062 CONTRACTOR WORK ON SUB TIE LINE AT FORT 589834 PROFESSIONAL METERS INC 3605 N STATE ROUTE 47 SUITE E MORRIS IL 60450 INSTALLATION OF ELECTRIC METERS - SYSTEM 550024 KANSAS ELECTRIC COOPERATIVE INC PO BOX 4267 TOPEKA KS 66604 STATEWIDE ASSOC DUES, APPARATUS TESTING, 288481 SUMMIT 7 SYSTEMS LLC 2 PARADE STREET NW HUNTSVILLE AL 35806 CONSULTING, FORT CYBERSECURITY, AZURE LI 271117 NAT'L INFORMATION SOLUTIONS COOPERATIVE PO BOX 1147 MANDAN ND 58554 SOFTWARE MAINTENANCE & SUPPORT 205662 9 SALE OF ELECTRICITY 221000 44131209 44131209 CONTRACT REVENUES 221000 2533269 2533269 OTHER COOPERATIVE CAPITAL CREDITS 221000 344260 344260 47008738 300061 300061 33419 0 33419 33419 33419 15850 25311 -9461 -9461 NONOPERATING REVENUE 900099 29572 29572 29572 47362329 47028849 0 333480 X 3675 1404652 665923 2452050 5640291 COST OF POWER 24389794 ADMINISTRATIVE AND GENE 4340415 DISTRIBUTION - OPERATIO 3701304 DISTRIBUTION - MAINTENA 3330717 1433508 47362329 134264 355728 6366677 7760694 5423188 5850826 324680 355899 4276105 5136895 219707 332217 152521225 49632622 96060232 102888603 850242 845401 7859832 8021463 3600192 2883831 125115119 134431557 3750635 4260548 29453 48093 60143482 65644850 15026611 17309948 78950181 87263439 X 0 0 0 0 46164938 47168118 46164938 47168118 125115119 134431557 X 0 1003180 X 0 1 X 1 0 0 1 X 522928 522928 8579873 6508805 2071068 140657987 43123817 97534170 2760437 2760437 102888603 KANSAS ELECTRIC POWER COOPERATIVE 6174064 C KANSAS ELECTRIC COOPERATIVE 119332 C FEDERATED INSURANCE 243672 C COBANK 773294 C CFC 522473 C NISC 178920 C OTHER INVESTMENTS IN ASSOCIATED ORGANIZATIONS 9708 C 8021463 DEFERRED CREDITS 14279754 FINANCE LEASE LIABILITY 1307954 OPERATING LEASE LIABILITY 1722240 17309948 X 47362329 0 47362329 0 47362329 45957677 0 45957677 1404652 1404652 47362329 PART IV, LINE 2B: THE COOPERATIVE HOLDS FUNDS THAT ARE COLLECTED FROM MEMBERS FOR FREESTATE COMMUNITY FOUNDATION. THE FUNDS ARE DISBURSED TO THE FOUNDATION AS REQUESTED BY THE FOUNDATION. PART X, LINE 2: THE COOPERATIVE BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE COOPERATIVE WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATION OF 2024 MARGINS TO MEMBERS IN 2025 1,404,652. X X 0 0 0 CHRISTOPHER PARR CEO 257806 0 0 0 4815 0 43926 0 36011 0 342558 0 0 0 ZACHARY STERLING CHIEF OPERATIONS OFFICER 139944 0 0 0 2750 0 54187 0 34888 0 231769 0 0 0 KYLE HALLGREN JOURNEYMAN LINEMAN 158757 0 0 0 0 0 9657 0 35393 0 203807 0 0 0 JILL TAGGART CFO 135740 0 0 0 50 0 20697 0 34805 0 191292 0 0 0 JEREMY CAMERON JOURNEYMAN LINEMAN 140812 0 0 0 982 0 16341 0 25567 0 183702 0 0 0 BRYCE SHAVER LINE FOREMAN 137289 0 0 0 0 0 11966 0 33540 0 182795 0 0 0 BRENT EDGECOMB CHIEF INFORMATION OFFICER 131666 0 2000 0 0 0 15906 0 28802 0 178374 0 0 0 SCHEDULE J, PART II, COLUMN C INCLUDED IN COLUMN C IS THE CHANGE IN ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN FOR EACH PARTICIPANT RATHER THAN THE ACTUAL CONTRIBUTION PAID TO THE PLAN. CHRISTOPHER PARR CHANGE IN ACTUARIAL VALUE: 36,070 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $56,861 ZACHARY STERLING CHANGE IN ACTUARIAL VALUE: $49,870 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $32,475 BRYCE SHAVER CHANGE IN ACTUARIAL VALUE: $8,745 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $24,837 JEREMY CAMERON CHANGE IN ACTUARIAL VALUE: $13,316 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $23,198 KYLE HALLGREN CHANGE IN ACTUARIAL VALUE: $6,659 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: 23,198 JILL TAGGART CHANGE IN ACTUARIAL VALUE: 16,491 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: 30,659 BRENT EDGECOMB CHANGE IN ACTUARIAL VALUE: $11,819 CONTRIBUTION TO THE PLAN BY THE COOPERATIVE: $30,659 FORM 990, PART VI, SECTION A, LINE 6 FREESTATE ELECTRIC COOPERATIVE, INC. IS A NOT-FOR-PROFIT MEMBERSHIP ORGANIZATION WHOSE MEMBERS HAVE IDENTICAL VOTING RIGHTS AND ARE ASSIGNED MARGINS IN ACCORDANCE WITH THE COOPERATIVE'S BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A ALL BOARD MEMBERS ARE ELECTED AND VOTED ON BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO THE BYLAWS AND APPROVAL OF THE BYLAWS ARE VOTED ON BY THE MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE COOPERATIVE REVIEWS THE CURRENT YEAR FORM 990 AND THEN EMAILS THE FORM TO THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THERE IS A BOARD POLICY FOR TRUSTEES AND AN EMPLOYEE POLICY FOR EMPLOYEES. EACH ARE COVERED RESPECTIVELY IN THOSE SEPARATE POLICIES. TRUSTEES AND EMPLOYEES HAVE A DUTY TO NOTIFY EXECUTIVE MANAGEMENT OF ANY CONFLICTS OF INTEREST. IF ONE DOES NOT NOTIFY AND IT IS DISCOVERED, DISCIPLINARY ACTION CAN BE TAKEN. CONFLICTS ARE REVIEWED AT THE EXECUTIVE MANAGEMENT (CEO) LEVEL, AND RESTRICTIONS IMPOSED ARE DETERMINED BY THE BOARD FOR A TRUSTEE AND BY EXECUTIVE MANAGEMENT FOR AN EMPLOYEE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DETERMINES THE CEO'S COMPENSATION, AS WELL AS THE OTHER OFFICERS' SALARIES, THROUGH THIRD PARTY SURVEYS AND COMPARISONS TO LIKE UTILITY COMPANIES. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS ARE OFFERED TO ALL NEW MEMBERS. ALL OTHER DOCUMENTS ARE AVAILABLE AT ANY TIME UPON REQUEST AT THE COOPERATIVE OFFICE AND ON THE COOPERATIVE'S WEBSITE. FORM 990, PART VII, COLUMN F, OTHER COMPENSATION INCLUDED IN OTHER COMPENSATION IS THE ESTIMATED CURRENT YEAR INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN FOR THE CEO, CFO, AND HIGHEST COMPENSATED EMPLOYEES. THE CURRENT YEAR INCREASE OR DECREASE DOES NOT REPRESENT CURRENT YEAR CONTRIBUTIONS TO THE PLAN. RATHER, IT IS AN ESTIMATE OF THE INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE PLAN AS CALCULATED BY THE PLAN ADMINISTRATOR. FORM 990, PART IX, LINE 4, BENEFITS PAID TO OR FOR MEMBERS THE COOPERATIVE HAS INTERPRETED THE INSTRUCTIONS TO PART IX, LINE 4, TO MEAN PATRONAGE CAPITAL ALLOCATED FOR THE YEAR, RATHER THAN PATRONAGE CAPITAL RETIRED. THIS IS CONSISTENT WITH THE BY-LAWS OF THE COOPERATIVE. FORM 990, PART XI, LINE 9: ALLOCATION OF 2024 MARGINS TO MEMBERS IN 2025 1,404,652. RETIREMENT OF CAPITAL CREDITS -401,472. FREESTATE COMMUNITY FOUNDATION INC PO BOX 309 MCLOUTH KS 66054 320535922 DISTRIBUTE MONEY COLLECTED TO WORTHWHILE CHARITABLE AND EDUCATIONAL PURPOSES KS 501(C)(3) PF N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0