2026-04-02T16:12:41-05:00 2025-12-31 450250958 Eide Bailly LLP 18081 Burt St Ste 200 Omaha NE 680224722 990 2025-01-01 470438125 Nebraska Electric Generation & Transmission Cooperative Inc NEBR 4025648142 2472 18th Ave Columbus NE 68601 Darin Bloomquist General Manager 4025648142 2026-04-02 1 Megan L Koziol CPA P01544037 4023302660 2026-04-02 2025 2025-03-06 01:10:19Z Darin Bloomquist 2472 18th Ave Columbus NE 68601 261718447 0 X negt.coop X 1956 NE Wholesale power supply and delivery to our members. 20 20 3 0 0 0 0 0 255897611 261657388 69485 61059 0 0 255967096 261718447 0 0 0 0 544598 584923 0 0 0 255507433 261175387 256052031 261760310 -84935 -41863 21051195 21001381 19992588 20074145 1058607 927236 None. 0 0 Supplied power to 19 rural public power districts and 1 electric membership corporation. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 22 0 1 3 1 0 0 0 0 0 0 0 261656312 62135 0 0 0 X 20 20 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X Darin Bloomquist 4025648142 2472 18th Ave Columbus NE 68601 Brad Bartak Vice President 2.00 X X 1500 0 0 Brent Ballou Director 1.00 X 1750 0 0 Brent Stagemeyer Director 1.00 X 1000 0 0 Brian Lukasiewicz Director 1.00 X 1100 0 0 Danny Muhlbach Director 1.00 X 1500 0 0 David Hamburger Secretary/Treasurer 2.00 X X 1850 0 0 Dennis Reiners Director 1.00 X 1500 0 0 Greg Johnson Director 1.00 X 1250 0 0 Jeffrey Obermier Director 1.00 X 1100 0 0 John Schmid President 2.00 X X 2100 0 0 Kenneth Ham Director 1.00 X 1450 0 0 Larry Domina Director 1.00 X 1000 0 0 Larry White Director 1.00 X 1250 0 0 Leroy Mostek Director 1.00 X 1100 0 0 Mark Wyman Director 1.00 X 1250 0 0 Matthew Fritz Director 1.00 X 1450 0 0 Mike Kreitman Director 1.00 X 1250 0 0 Milan Siefken Director 1.00 X 1500 0 0 Robert Schellpeper Director 1.00 X 1350 0 0 Rodney Zohner Director 1.00 X 1750 0 0 Darin Bloomquist General Manager 40.00 X 273979 0 136081 301979 0 136081 1 0 1 0 0 Sales 221000 260968094 260968094 Member Assessments 221000 688218 688218 1076 1076 261657388 61059 61059 261718447 261657388 0 61059 X 401607 87031 74267 22018 45799 9200 21219 1494 15834 34030 10307 11870 2190 2423 Cost of Power 260968094 Dues 27123 Director Expenses 25804 261760310 1667673 1499604 19353466 19470245 5177 8327 42269 29561 14898 12708 9981 10497 21051195 21001381 19992588 20074145 19992588 20074145 X 0 0 0 0 1058607 927236 1058607 927236 21051195 21001381 X -41863 -89508 X X 0 1 X 1 0 42269 29561 12708 12708 X 261718447 0 261718447 0 261718447 261760310 0 261760310 0 261760310 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. X X X 0 0 0 Darin Bloomquist General Manager 270000 0 0 0 3979 0 103975 0 32106 0 410060 0 0 0 Explanation of amount reported in Part II, Column (c). Included in the amount reported in column C is $103,975 for the change in actuarial value of the defined benefit plan for Darin Bloomquist. Actual Cooperative contributions to the plan were $67,522. Form 990, Part VI, Section A, line 6 Nebraska Electric G&T has 19 Public Power Districts and 1 Electric Cooperative as members. Form 990, Part VI, Section A, line 7b Changes in By-laws are subject to membership approval. Form 990, Part VI, Section B, line 11b All Nebraska Electric G&T Directors examined the IRS Form 990 and acknowledge that review prior to the filing of the form. Form 990, Part VI, Section B, line 12c The Board of Directors and employees are covered by the Conflict of Interest Policy. Potential conflicts of interest are brought to the Board of Directors to determine whether an actual conflict exists. Any board member who is deemed to have a conflict of interest is prohibited from participating in the Board's deliberations and decisions in the transaction. Form 990, Part VI, Section B, line 15a General manager evaluations are presented to the Finance Committee at their June meeting. During this process, the Finance Committee also reviews the most recent Consumer Price Index and the NRECA compensation information, and recommends a change in compensation for the general manager. The Finance Committee presents this information to the Board of Directors at the June meeting, and the Directors vote on this recommendation. Form 990, Part VI, Section C, line 19 All documents are made available to the public upon request. 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. No amount is reportable on line four for 2025 as the cooperative experienced a loss on operations. Form 990, Part XI, line 9: 1992-1995 Capital Credits Retired -89,508. Form 990, Part XII, Line 2c: The board of directors assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed from the prior year. 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 general manager. 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.