2025-08-28T08:22:43-05:00 2024-12-31 202000257 FIORE FEDELI SNYDER CAROTHERS LLP 2013 SANDY DR STE 200 STATE COLLEGE PA 16803 990 2024-01-01 230913675 NEW ENTERPRISE RURAL ELECTRIC COOPERATIVE INC NEWE 8147663221 3596 BRUMBAUGH ROAD NEW ENTERPRISE PA 16664 MARK MORRISON MANAGER/CEO 8147663221 2025-08-12 1 1 JOSEPH P FEDELI CPA P00538622 8142378999 2025-08-12 2024 2025-03-06 01:10:19Z MARK MORRISON 3596 BRUMBAUGH ROAD NEW ENTERPRISE PA 16664 10197237 0 X HTTP://WWW.NEWENTERPRISEREC.COM/ X 1938 PA COOPERATIVE ELECTRIC ORGANIZATION PROVIDING RELIABLE ELECTRIC SERVICE TO MEMBERS AT THE LOWEST POSSIBLE COST 7 7 14 0 0 0 0 0 9002768 9694234 10738 44931 223455 458072 9236961 10197237 0 0 115841 174366 1822375 2113231 0 0 0 7002988 6515320 8941204 8802917 295757 1394320 9242992 10374954 851716 589308 8391276 9785646 PROVIDING AFFORDABLE ELECTRICITY TO MEMBERS 0 0 8810697 10170605 PROVIDING AFFORDABLE ELECTRICITY TO MORE THAN 3,600 MEMBERS AS ONE OF 750 DISTRIBUTION COOPERATIVES THROUGHOUT THE COUNTRY THAT HAVE CREATED AND ARE MEMBERS OF TOUCHSTONE ENERGY COOPERATIVE. 8810697 0 0 0 0 0 0 0 0 0 1 0 0 1 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 13 0 1 14 1 0 0 0 0 0 9694234 503003 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARK MORRISON 8147663221 3596 BRUMBAUGH RD NEW ENTERPRISE PA 16664 LEROY WALLS PRESIDENT 3.00 X X 3615 0 0 CURTIS BRANT TREASURER 3.00 X X 5100 0 0 DAVID BEQUEATH SECRETARY 3.00 X X 4845 0 0 TIM NEWMAN VICE PRESIDENT 3.00 X X 3315 0 0 BRIAN MCCOY DIRECTOR 3.00 X 3060 0 0 MARK SWOPE DIRECTOR 3.00 X 6000 0 0 MERLE HELSEL DIRECTOR & ASSISTANT SEC'Y 3.00 X X 5100 0 0 MARK MORRISON MANAGER/CEO 40.00 X 150658 0 69604 CONNER KAGARISE LINEMAN 47.00 X 106404 0 42819 ROMAN DELL LINEMAN 45.00 X 110596 0 47853 ZACHARY CONLEY LINEMAN 45.00 X 110482 0 44564 MARK REPLOGLE CREW CHIEF 41.00 X 101226 0 49976 MICHAEL SHAWLEY OUTSIDE OPERATIONS MANAGER 41.00 X 107384 0 57253 RANDY WALKER LINEMAN 46.00 X 119453 0 49152 837238 0 361221 7 0 1 0 0 PROVIDE ELECTRICITY TO MEMBERS 221000 9694234 9694234 9694234 26632 26632 18299 0 18299 18299 18299 CAPITAL CREDITS-ASSIGNED 900003 458072 458072 458072 10197237 10170605 0 26632 174366 251297 1173004 265218 323304 100408 14120 14388 40927 77317 17344 4192 303338 COST OF SALES-ELECTRIC 4746379 LINE MAINTENANCE 879195 DUES 139900 OPERATION OF TRUCKS 132023 146197 8802917 1100 1100 299032 898636 1052754 1115471 415168 371570 40869 46386 10607299 6206151 4331957 4401148 3730 3730 3098382 3536913 9242992 10374954 632634 545628 174877 0 44205 43680 851716 589308 X 0 0 14855 14905 8376421 9770741 8391276 9785646 9242992 10374954 X 1394320 50 X 0 1 X 0 0 63158 63158 1318843 790715 528128 1653170 1060602 592568 7572128 4354834 3217294 4401148 INVESTMENTS IN ASSOCIATED ORGANIZATIONS 3536913 3536913 CUSTOMER DEPOSITS 43680 43680 X 10197237 0 10197237 0 10197237 8628551 0 8628551 174366 174366 8802917 PART X, LINE 2: THE COMPANY 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 FINANCIAL STATEMENTS. PART XII, LINE 4B - OTHER ADJUSTMENTS: CAPITAL CREDITS ASSIGNED TO CO-COPERATIVE MEMBERS 174,366. X 0 0 0 MARK MORRISON MANAGER/CEO 150658 0 0 0 0 0 41124 0 28480 0 220262 0 0 0 RANDY WALKER LINEMAN 119453 0 0 0 0 0 25668 0 23484 0 168605 0 0 0 MICHAEL SHAWLEY OUTSIDE OPERATIONS MANAGER 107384 0 0 0 0 0 28295 0 28958 0 164637 0 0 0 ROMAN DELL LINEMAN 110596 0 0 0 0 0 25304 0 22549 0 158449 0 0 0 ZACHARY CONLEY LINEMAN 110482 0 0 0 0 0 25304 0 19260 0 155046 0 0 0 MARK REPLOGLE CREW CHIEF 101226 0 0 0 0 0 27602 0 22374 0 151202 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 CONSUMER-MEMBERS OF NEW ENTERPRISE RURAL ELECTRIC COOPERATIVE AGREE TO PURCHASE ELECTRIC ENERGY FROM THE COOPERATIVE. MEMBERS ACTIVELY PARTICIPATE IN SETTING POLICY AND MAKING DECISIONS BY ELECTING REPRESENTATIVES THAT ARE ACCOUNTABLE TO THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A SEE ABOVE. NEW ENTERPRISE RURAL ELECTRIC HOLDS ELECTIONS FOR SEATS ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B A VOTE TO SELL ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE COOPERATIVE AND/OR A VOTE TO DISSOLVE THE COOPERATIVE REQUIRES THE APPROVAL BY A 2/3 VOTE OF ALL THE MEMBERS FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWED THE FORM 990 WITH GENERAL MANAGER/CEO AT THE MONTHLY BOARD MEETING. THE GENERAL MANAGER REVIEWS DRAFT(S) OF THE FORM IN CONNECTION WITH HIS REVIEW OF THE AUDITED FINANCIAL STATEMENTS. ANY QUESTIONS OR CONCERNS ARE RESOLVED PRIOR TO SIGNING AND FILING THE FORM WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C DISTRIBUTE AND REVIEW A QUESTIONNAIRE UPON TIME OF (RE)ELECTION TO A THREE YEAR TERM. FORM 990, PART VI, SECTION B, LINE 15 GENERAL MANAGER/CEO RECOMMENDS SALARIES FOR ALL EMPLOYEES AND THE BOARD OF DIRECTORS APPROVES. THE BOARD ESTABLISHES THE GENERAL MANAGER/CEO COMPENSATION BASED ON PERFORMANCE, COMPARABLE DATA , EXPERIENCE, EXPERTISE AND FACTORS RELATED TO ACCOMPLISHING THE MISSION OF THE COOP. 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: CHANGE IN MEMBERSHIPS 50.