2025-06-20T09:25:32-05:00 2024-12-31 821349697 Dennis G Koch & Associates LLC PO Box 1007 Quincy IL 623061007 990 2024-01-01 430635689 Northeast Missouri Electric Power Coop NORT 5737692107 P O Box 191 Palmyra MO 634610191 Douglas H Aeilts CEO and General Manager 5737692107 2025-05-16 1 0 Dennis G Koch P01210686 2172248484 2025-05-16 X 2024 2025-03-06 01:10:19Z P O Box 191 Palmyra MO 634610191 106205317 0 X www.northeast-power.coop X Cooperative 1948 MO To power our members with safe, reliable, affordable electricity and value-added services 18 18 87 0 0 6680 0 0 99459523 105827521 299818 282971 4511 7908 99763852 106118400 0 0 2747148 2833246 1134045 1477360 0 0 0 92935049 97282746 96816242 101593352 2947610 4525048 199280231 221302258 124372274 141771756 74907957 79530502 To power our members with safe, reliable, affordable electricity and value-added services 0 0 101593352 106118400 Electric Power Cooperative - Wholesale Electric Energy 101593352 0 0 1 0 0 0 0 0 0 1 0 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 114 0 1 87 1 1 1 0 0 0 0 100112591 6005809 0 0 0 X 18 18 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X Abe Gray 5737692107 3705 Business 61 Palmyra MO 634610191 Douglas H Aeilts CEO & General Manager 55.00 X 506305 0 126505 Skyler Wiegmann Chief Operating Officer 57.00 X 229090 0 70544 Robert A Gray Chief Financial Officer 50.00 X 219416 0 59838 Landon Zaborowski Information Services & Tec 47.00 X 196392 0 67520 Joseph Lemen Safety & Compliance Manage 44.00 X 183134 0 65189 Quentin Gehring Engineering Manager 52.00 X 160900 0 44248 Melissa Kizer Controller 49.00 X 157430 0 87911 Kevin Sydenstricker Operations Manager 46.00 X 156921 0 78067 Michael Jeffries Transmission Manager 53.00 X 155473 0 118741 Justin Roberts Substation Manager 55.00 X 154842 0 41821 Marvin Newton Sec/Treasurer/Director 7.00 X X 24600 0 0 James Collins Director 3.00 X 15600 0 0 Norman Major Director 3.00 X 15600 0 0 Fred Hickenbottom Director 3.00 X 13800 0 0 Ollie L Pennewell III Director 4.00 X 13200 0 0 Connie Ketsenburg Director 2.00 X 12000 0 0 Richard Welsh Director 5.00 X 12000 0 0 Kenneth McNamar Vice President/Director 4.00 X X 11400 0 0 Michael Schantz Director 4.00 X 11400 0 0 Joseph Sebolt Director 3.00 X 10700 0 0 Richard Disselhorst Director 3.00 X 10200 0 0 Earl Trachsel Director 3.00 X 9200 0 0 Danny Smithson Director 3.00 X 8400 0 0 Darrell Downing Director 3.00 X 8400 0 0 Thomas Wooten Director 3.00 X 7800 0 0 Emery Geisendorfer Jr President/Director 2.00 X X 6900 0 0 John Killgore Director 1.00 X 0 0 0 John Bledsoe Director 0.00 X 0 0 0 2311103 0 760384 35 0 1 0 Burns & McDonnell Engineering 425 S Woods Mill Rd Ste 300 Chesterfield MO 63017 Engineering Services 13090882 IES Commercial Inc 120 S Lincoln St Holdrege NE 68949 Contractor Service 5078940 JF Electric Inc 100 Lake Front Parkway Edwardsville IL 62025 Contractor Service 1802370 Heimer Construction Co Inc 6811 County Rd 344 Taylor MO 63471 Contractor Service 417790 Allgeier Martin & Assoc 7231 E 24th St Joplin MO 64803 Engineering Services 319800 13 Wholesale Electric Energy 221000 94703336 94703336 Capital Credits 221000 5653934 5653934 Other Electric Revenue 221000 5470251 5470251 105827521 282971 282971 94825 86917 7908 7908 7908 106118400 106118400 0 0 X 2833246 1477360 3333110 4024073 Purchased Power 73853878 Transmission Operations 7123531 Administrative & Genera 3349125 Transmission Maintenanc 1844307 3754722 101593352 1555111 910909 12041716 9250147 12034042 12438310 349982 413352 197731154 69032728 111582109 128698426 60291855 68736682 1425416 854432 199280231 221302258 12340678 10045046 622983 516655 82608428 83810037 26115433 45023292 2684752 2376726 124372274 141771756 X 900 900 0 0 74907057 79529602 74907957 79530502 199280231 221302258 X 4525048 97497 X X 0 1 X 1 0 15000 15000 15000 1 Association of Missouri Electric Cooperatives PAC 2722 E McCarty St Jefferson City MO 65101 15000 6527589 6527589 14436524 3775071 10661453 176767041 65257657 111509384 128698426 Patronage-Associated Electric 55351775 C Patronage-NRUCFC 336152 C Patronage-CoBank 468196 C Inv in Assoc Organizations 168721 C NRUCFC Investments 1609568 C Other Investments 431785 C Economic Dev Projects & Loans 10370485 C 68736682 Post Retirement Benefits 153997 Special Deposits-125 Plan 74736 Accrued interest payable 649184 Accrued taxes 834624 Accrued compensation 631971 Deferred payments 32214 2376726 X 106305317 186917 186917 106118400 0 106118400 98847023 86917 86917 98760106 2833246 2833246 101593352 Part X, Line 2: The cooperative evaluates the components of the annual test for maintenance of its tax-exempt status under section 501(c)(12) of the Internal Revenue Code of 1986, as amended. This process includes an analysis of whether the position the cooperative takes with regard to a particular item of income would meet the definition of an uncertain tax position under Financial Accounting Interpretation No. 48, Accounting for Uncertainty in Income Taxes. Part XI, Line 2d - Other Adjustments: Revenue Deferral 100,000. Gross Rental Expenses shown net on 990 86,917. Part XII, Line 2d - Other Adjustments: Gross Rental Expenses shown net on 990 86,917. Part XII, Line 4b - Other Adjustments: Patronage capital retired to members 2,833,246. X 1 1 X X 0 1 0 Douglas H Aeilts CEO & General Manager 506305 0 0 0 0 0 99249 0 27256 0 632810 0 35955 0 Skyler Wiegmann Chief Operating Officer 228610 0 0 0 480 0 40806 0 29738 0 299634 0 0 0 Robert A Gray Chief Financial Officer 218936 0 0 0 480 0 27852 0 31986 0 279254 0 0 0 Landon Zaborowski Information Services & Tec 195912 0 0 0 480 0 37580 0 29940 0 263912 0 0 0 Joseph Lemen Safety & Compliance Manage 182654 0 0 0 480 0 39541 0 25648 0 248323 0 0 0 Quentin Gehring Engineering Manager 160420 0 0 0 480 0 18369 0 25879 0 205148 0 0 0 Melissa Kizer Controller 157430 0 0 0 0 0 60564 0 27347 0 245341 0 0 0 Kevin Sydenstricker Operations Manager 156441 0 0 0 480 0 55108 0 22959 0 234988 0 0 0 Michael Jeffries Transmission Manager 155473 0 0 0 0 0 105945 0 12796 0 274214 0 0 0 Justin Roberts Substation Manager 154362 0 0 0 480 0 20816 0 21005 0 196663 0 0 0 Part I, Line 1a The organization is located in a rural area where commercial air travel is not readily available. Written policy allows the use of chartered travel in cases where the use of commercial flights are not possible. Part I, Line 4b Douglas Aeilts - NRECA Deferred Comp Plan - $35,955 Schedule J Line 4b Compensation for the CEO and General Manager includes $35,955 which represents payment of a non-qualified deferred compensation plan. Form 990, Part VI, Section A, line 6 Each electric distribution cooperative and the wholesale power supplier are members of the Cooperative Form 990, Part VI, Section A, line 7a Each member electric distribution cooperative and the member wholesale power supplier nominate their own representatives (2) to the board. Form 990, Part VI, Section A, line 7b Changes to the Cooperative's bylaws are presented to the membership for consideration and approval. Form 990, Part VI, Section B, line 11b The Federal Form 990 is presented to and reviewed by the Board of Directors before the form is filed with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c The Cooperative's compliance officer is responsible for monitoring compliance with the Cooperative's conflict of interest policy. Form 990, Part VI, Section B, line 15 The process for determining the CEO's compensation by the Northeast Power board of directors included retaining a compensation consultant to assist with evaluating the CEO's compensation, a review of the CEO's performance, comparisons of other CEO salaries in the state of Missouri and in the Midwest and an in depth deliberation before the ultimate decision was made setting the CEO's compensation. All of this is set forth in the Executive Session Minutes of the Northeast Power Board of Directors, such minutes were approved by the full board while in Executive Session. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policies and financial statements are available for public inspection by contacting CEO and General Manager Douglas H Aeilts at the Cooperative. FORM 990 Part IX, Line 4 Patronage capital retired and paid to members is shown as a deduction from income. In GAAP financial statements, this amount is shown as a retirement of capital in the schedule of patronage capital rather than the income statement. Form 990, Part XI, line 9: Comprehensive income adjustment -2,503. Deferred revenue 100,000. Form 990, Part XII, Line 2C The process for approving the audit has not changed from prior years. The Independent auditor meets with the full board of directors at a regularly scheduled board meeting to review the audited financial statements and related correspondence. Northeast Technologies LLC PO Box 191 Palmyra MO 634610191 043600463 Construction and leasing of dark fiber strands MO 88150 676079 Northeast Missouri Electric Power Cooperative