2025-11-13T09:58:16-05:00 2024-12-31 731293012 BRISCOE BURKE & GRIGSBY LLP 4120 E 51ST STREET TULSA OK 741353639 990 2024-01-01 730297135 INDIAN ELECTRIC COOPERATIVE INC INDI 9182959500 P O BOX 49 CLEVELAND OK 74020 JIM HADLOCK PRESIDENT 9183582514 2025-10-21 true false MICHAEL K BURKE CPA P00054433 9187498337 2025-10-21 2024 2025-03-06 01:10:19Z TODD SCHROEDER 2506 US-64 CLEVELAND OK 74020 70409049 false X WWW.IECOK.COM X 1939 OK TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. 6 6 98 3600 1949 0 65022637 68683504 823234 915329 273485 602382 66119356 70201215 0 5905026 4257295 1714593 1742918 0 0 58499737 64201002 66119356 70201215 0 185523215 201038868 102518525 115488479 83004690 85550389 TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS. false false TO PROVIDE ELECTRICITY TO OUR MEMBERS - 20,601 ACTIVE SERVICES (24,963 TOTAL SERVICES IN PLACE - 4,362 IDLE SERVICES) AT YEAR-END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS AND WERE ALLOCATED PATRONAGE CAPITAL. false 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 43 0 98 true true true false false false false 64808482 1679685 false false false X 6 6 false false false false true true true true true false false true true true true true true true true false OK X THE COOPERATIVE 9183582514 PO BOX 49 CLEVELAND OK 74020 TODD SCHROEDER GENERAL MANA 40.00 X 287612 0 86806 KIMBERLY LAY MGR FINANCE 40.00 X 146508 0 75198 JAMES GARRISON VP OF OPERAT 40.00 X 146932 0 74412 JOHN POLLARD VP OF ENGINE 40.00 X 150626 0 59094 TONY GORDON OPERATIONS M 40.00 X 133918 0 69898 WILLIAM BRUMLEY LEAD LINE FO 46.08 X 133663 0 61758 JASON KING LEAD LINE FO 45.28 X 123788 0 60342 JIM HADLOCK PRESIDENT 3.51 X 38962 0 0 MIKE SPRADLING VICE PRESIDE 4.18 X 23482 0 0 LEE PECKENPAUGH TRUSTEE 2.82 X 14800 0 0 BERRY KEELER SECR/TREAS 1.13 X 14456 0 0 CHRIS HUDGINS TRUSTEE 1.24 X 13600 0 0 RALPH JEROME ASSISTANT SE 2.70 X 13000 0 0 GREG FIELDING TRUSTEE 3.83 X 11056 0 0 GREG WARD TRUSTEE 2.23 X 3000 0 0 1255403 487508 22 false true false TRANS-TEL CENTRAL LLC 2851 N FLOOD AVE NORMAN OK 73069 FIBER CONTRACTO 16179879 247 INC PO BOX G COLE CAMP MO 65325 RIGHT OF WAY 3710580 DAVIS H ELLIOTT CORPORATION PO BOX 37251 BALTIMORE MD 212973251 ELEC DISTR SRVC 3482312 EQUITY TECHNICAL SEVICES 2404 TIVOLI TER OKLAHOMA CITY OK 73170 POLE INSPECTION 309020 APPLICATION SPECIALTIES PO BOX 1283 CLAREMORE OK 74018 ROW SPRAYING 128558 6 SALES OF ELECTRICITY 221000 64808482 64808482 PATRONAGE DIVIDENDS 221000 3875022 3875022 68683504 728526 728526 550059 550059 550059 550059 186803 186803 186803 186803 222657 207834 14823 3600 11223 NON-OPERATING REVENUE 37500 37500 37500 70201215 3600 70197615 X 4257295 728482 1014436 4452357 4926179 COST OF POWER 39326308 DISTRIBUTION 10896198 GENERAL & ADMINISTRATIVE 1993567 CONSUMER EXPENSE 1342262 1264131 70201215 0 0 0 3313963 5128175 17203357 1519030 4811189 5162474 141717 2246679 2836038 215933 149356 207748698 60067777 122684193 147680921 35047901 38421157 185523215 201038868 7050949 7626097 84036358 96261721 11431218 11600661 102518525 115488479 X 465025 458295 9106413 9981591 73433252 75110503 83004690 85550389 185523215 201038868 X 0 2545699 X false true X true false 659745 659745 12925011 3404863 9520148 194163942 56662914 137501028 147680921 INVESTMENTS IN ASSOCIATED 38420367 C OTHER 790 C 38421157 FAS 106 OBLIGATION 6383119 CONSUMER DEPOSITS 4199939 OTHER 1017603 11600661 X 70201215 70201215 70201215 65943920 65943920 4257295 4257295 70201215 SCHEDULE D, PAGE 3, PART X THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS CONSIDERED WHETHER THE COOPERATIVE HAS ANY UNCERTAIN TAX POSITIONS, EMBEDDED OR OTHERWISE, THAT WOULD MATERIALLY IMPACT THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES NO SUCH MATERIAL UNCERTAINTIES EXIST, THEREFORE NO PROVISION IS PROVIDED. SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE DIVIDENDS ALLOCATED 4,257,295 X X X false false false TODD SCHROEDER GENERAL MANAGER 267410 16200 4002 60049 26757 374418 KIMBERLY LAY MGR FINANCE & ACCTNG 139116 1200 6192 48441 26757 221706 JAMES GARRISON VP OF OPERATIONS 141376 1200 4356 47655 26757 221344 JOHN POLLARD VP OF ENGINEERING 147658 1200 1768 32337 26757 209720 TONY GORDON OPERATIONS MANAGER 128034 1200 4684 43141 26757 203816 WILLIAM BRUMLEY LEAD LINE FOREMAN 127308 1200 5155 35001 26757 195421 JASON KING LEAD LINE FOREMAN 120908 1200 1680 33590 26752 184130 SCHEDULE J, PART III PART II, COLUMN C: INCLUDED IN THIS AMOUNT IS THE INCREASE OR DECREASE IN ACTUARIAL VALUE OF RS DEFINED BENEFIT PENSION PLAN. THIS INCREASE OR DECREASE DOES NOT REPRESENT CASH PAYMENTS UNDER THE PLAN. FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS FORM 990, PAGE 6, PART VI, LINE 7A YES FORM 990, PAGE 6, PART VI, LINE 7B YES FORM 990, PAGE 6, PART VI, LINE 11B REVIEW AND/OR APPROVAL BY BOARD. FORM 990, PAGE 6, PART VI, LINE 12C ORGANIZATION PERIODICALLY REVIEWS ITS CONFLICT OF INTEREST POLICY AT BOARD MEETINGS. FORM 990, PAGE 6, PART VI, LINE 15A SALARY INFORMATION OBTAINED FROM NRECA FOR NATIONAL, REGIONAL AND STATE LEVELS. PERIODICALLY USE CONSULTANT TO REVIEW PAY SCALES. FORM 990, PAGE 6, PART VI, LINE 15B SALARY INFORMATION OBTAINED FROM NRECA FOR NATIONAL, REGIONAL AND STATE LEVELS. PERIODICALLY USE CONSULTANT TO REVIEW PAY SCALES. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST FORM 990, PART VII FORM 990, PART IX THE COOPERATIVE'S ACCOUNTING RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS REQUIRED BY ITS REGULATORY AGENCY. THE UNIFORM SYSTEM OF ACCOUNTS DOES NOT RECORD EXPENSES IN THE EXPENSE CATEGORIES PROVIDED ON PART IX LINES 1-23. THEREFORE, OTHER EXPENSES LINE 24 INCLUDES EXPENSES THAT ARE DESCRIBED IN LINES 1-23, BUT REPORTED USING THE UNIFORM SYSTEM OF ACCOUNTS. FORM 990, PART X FORM 990, PART IX: FOR THE AUDITED FINANCIAL STATEMENTS, THE AMOUNT OF PATRONAGE DIVIDENDS PAID OR ALLOCATED TO THE MEMBERS IS REPORTED AS AN INCREASE IN EQUITY AND NOT AS AN EXPENSE. THEREFORE, NET INCOME PER THE AUDITED FINANCIAL STATEMENTS IS REPORTED GROSS OF THE AMOUNT OF PATRONAGE DIVIDENDS THAT ARE EITHER ALLOCATED OR TO BE ALLOCATED AT THE TIME THE AUDITED FINANCIAL STATEMENTS ARE PREPARED. HOWEVER, BECAUSE THE ALLOCATION OF PATRONAGE DIVIDENDS IS ONE ASPECT OF HOW THE COOPERATIVE FULFILLS ITS TAX EXEMPT PURPOSE OF OPERATING ON A COOPERATIVE BASIS, THE AMOUNT OF PATRONAGE DIVIDENDS EITHER ALLOCATED OR TO BE ALLOCATED TO THE MEMBERS IS REPORTED ON FORM 990, PART IX, LINE 4 AS "BENEFITS PAID TO MEMBERS." PATRONAGE DIVIDENDS ARE ALLOCATED ON A PATRONAGE BASIS AND DONE SO PURSUANT TO A PRE-EXISTING OBLIGATION AS PROVIDED FOR IN THE "NON-PROFIT OPERATION" ARTICLE OF THE COOPERATIVE'S BYLAWS. FORM 990, PART XI, LINE 9 INCREASE IN OTHER EQUITIES 875,178 BENEFITS MARGIN ALLOCATION 4,257,295 DECREASE IN MEMBERSHIPS -6,730 RETIREMENT OF CAPITAL CREDITS -2,172,120 DECREASE IN AOCI -407,924 TOTAL 2,545,699