2025-05-27T08:53:51-05:00 2024-12-31 202000257 Fiore Fedeli Snyder Carothers LLP 2013 Sandy Dr Ste 200 State College PA 16803 990 2024-01-01 250865701 WARREN ELECTRIC COOPERATIVE INC WARR 8145637548 320 EAST MAIN STREET YOUNGSVILLE PA 16371 MATTHEW FRANKLIN GENERAL MANAGER 8145637548 2025-05-13 1 1 JOSEPH P FEDELI CPA P00538622 8142378999 2025-05-13 2024 2025-03-06 01:10:19Z MATTHEW FRANKLIN 320 EAST MAIN STREET YOUNGSVILLE PA 16371 13066891 0 X www.warrenec.coop X 1939 PA COOPERATIVE ELECTRIC ORGANIZATION PROVIDING ELECTRICITY TO MEMBERS 9 9 27 0 0 0 0 0 11471067 11635600 108279 -388447 1467866 1156000 13047212 12403153 0 0 584808 7695 471768 595977 0 0 0 10966034 10813867 12022610 11417539 1024602 985614 28527170 30548400 2874662 3724912 25652508 26823488 PROVIDING AFFORDABLE ELECTRICITY TO MEMBERS 0 0 PROVIDING ELECTRICITY TO MEMBERS 0 0 0 0 0 0 0 0 0 1 1 0 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 0 0 0 1 23 0 1 27 1 0 0 0 0 0 0 0 11635600 898694 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MATTHEW FRANKLIN GENERAL MANAGER 8145637548 320 EAST MAIN STREET YOUNGSVILLE PA 16371 JAMES MARSHALL CHAIRMAN 5.00 X X 4335 0 0 EDGAR BURRIS VICE CHAIRMAN 3.00 X X 7220 0 0 NATHAN HARRINGTON DIRECTOR 2.00 X 5220 0 0 JEFFREY SEDON TREASURER 2.00 X X 4045 0 0 DENNIS JOHNSON DIRECTOR 2.00 X 8090 0 0 JOHN HAGBERG DIRECTOR 2.00 X 4045 0 0 LEE SITTERLEY DIRECTOR 2.00 X 6945 0 0 VICKI STEC SECRETARY 2.00 X 6045 0 0 KEN LARSON DIRECTOR 2.00 X 7800 0 0 TODD M McCLAIN ADMINISTRATION MANAGER 40.00 X 131987 0 54943 MATTHEW FRANKLIN GENERAL MANAGER & CEO 40.00 X 201700 0 62898 BRIAN WOOMER CFO 40.00 X 63526 0 27177 450958 0 145018 2 0 1 0 PENN LINE TREE SERVCIE 300 SCOTTDALE AVENUE SCOTTDALE PA 15683 R-O-W CLEARING 1868881 1 PROVIDE ELECTRICITY TO ITS MEMBER 221000 11635600 11635600 11635600 114141 114141 161150 663738 -502588 -502588 -502588 CONTRIB. IN AID OF CONSTRUCTION 900099 395788 395788 CAP CR. - ASSOC. ORGS. 900003 371447 371447 POLE RENTAL REVENUE 900099 323545 323545 65220 65220 1156000 12403153 12289012 0 114141 7695 595977 2150 1067274 COST OF POWER 3923993 DISTRIBUTION - MAINTENA 3500713 DISTRIBUTION - OPERATIO 777572 CONSUMER ACCOUNTS 617183 924982 11417539 479195 1570718 2495698 2534827 1761837 1996599 952874 735525 47709 39307 36190641 15967331 19308738 20223310 3140866 3379164 340253 68950 28527170 30548400 2465226 2962142 116096 23585 293340 739185 2874662 3724912 X 0 0 14852108 15805027 10800400 11018461 25652508 26823488 28527170 30548400 X 985614 185366 X X 0 1 X 0 0 40579 40579 245510 245510 0 35904552 15721821 20182731 20223310 PATRONAGE CAPITAL IN ASSOC. COOPERATIVES 2921254 C CAPITAL TERM CERTIFICATES 342357 C FEDERATED INSURANCE 115553 C 3379164 DEFERRED CREDITS - CUSTOMER PREPAYMENTS 739185 739185 X 12403153 0 12403153 0 12403153 11409844 0 11409844 7695 7695 11417539 Part X, Line 2: THE COOPERATIVE HAS EXAMINED ITS TAX POSITIONS AND BELIEVES THEY WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE COOPERATIVE'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. Part XII, Line 4b - Other Adjustments: REFUND OF CAPITAL CREDITS TO MEMBERS 7,695. X 0 0 0 MATTHEW FRANKLIN GENERAL MANAGER & CEO 201318 0 0 0 382 0 53074 0 9824 0 264598 0 0 0 TODD M McCLAIN ADMINISTRATION MANAGER 126662 0 4907 0 418 0 33391 0 21552 0 186930 0 0 0 Form 990, Part VI, Section A, line 6 MEMBERS OF WARREN ELECTRIC COOPERATIVE AGREE TO PURCHASE ELECTRIC ENERGY FROM THE COOPERATIVE. Form 990, Part VI, Section A, line 7a GOVERNING BODY IS ELECTED BY MEMBERS BY BALLOT VOTE. Form 990, Part VI, Section B, line 11b A COPY OF THE FORM 990 WAS PROVIDED TO ALL BOARD MEMBERS EITHER ELECTRONICALLY OR IN A PAPER FORMAT. THE BOARD OF DIRECTORS REVIEWED THE 990 WITH THE AUDITOR AND MANAGEMENT AT THE MONTHLY BOARD MEETING HELD JUNE 21, 2023. Form 990, Part VI, Section B, line 12c ANNUAL REVIEW AND SIGNATURE OF CONFLICT OF INTEREST POLICIES ARE COMPLETED AND RETAINED AT COOPERATIVE WITH A SUMMARY OF CONFLICTS BEING PROVIDED TO THE BOARD AND MANAGEMENT. Form 990, Part VI, Section B, line 15 NRECA SURVEY DATA PROVIDES THE BENCHMARKS FOR THE DIFFERENT TIERS OF EMPLOYEES. THESE FIGURES ARE PROVIDED TO THE BOARD. THE BOARD THEN APPROVES THE BENCHMARKS. THE BOARD APPROVES THE CEO'S SALARY AND THE SALARIES OF ALL NON-UNION MEMBERS OF MANAGEMENT, BASED ON THE BENCHMARKS AND THE BUDGET APPROVED BY THE BOARD. THESE BENCHMARKS ARE UPDATED EVERY YEAR. Form 990, Part VI, Section C, line 18 990 IS AVAILABLE ON GUIDESTAR AND UPON REQUEST AT THE FRONT DESK OF THE MAIN OFFICE. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE, UPON REQUEST, AT THE FRONT DESK OF THE MAIN OFFICE. Form 990, Part XI, line 9: GAIN ON EARLY RETIREMENT OF CAPITAL CREDITS 3,881. DONATED CAPITAL - MEMBERSHIPS 1,395. MEMBERSHIP FEES -235. RECAPTURE OF CAPITAL CREDITS 180,325. FORM 990, PART XIII, LINE 2C PROCESS HAS NOT CHANGED FROM PRIOR YEAR.