2026-07-17T13:43:26-05:00 2025-12-31 202000257 Fiore Fedeli Snyder Carothers LLP 2013 Sandy Dr Ste 200 State College PA 16803 990 2025-01-01 250865701 WARREN ELECTRIC COOPERATIVE INC WARR 8145637548 320 EAST MAIN STREET YOUNGSVILLE PA 16371 MATTHEW FRANKLIN GENERAL MANAGER 8145637548 2026-07-07 1 JOSEPH P FEDELI CPA P00538622 8142378999 2026-07-07 2025 2025-03-06 01:10:19Z MATTHEW FRANKLIN 320 EAST MAIN STREET YOUNGSVILLE PA 16371 13728400 0 X www.warrenec.coop X 1939 PA COOPERATIVE ELECTRIC ORGANIZATION PROVIDING ELECTRICITY TO MEMBERS 9 9 28 0 0 0 0 0 11635600 12724875 -388447 105542 1156000 875883 12403153 13706300 0 0 7695 561630 595977 740561 0 0 0 10813867 11845410 11417539 13147601 985614 558699 30548400 32828465 3724912 4756945 26823488 28071520 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 25 0 1 28 1 0 0 0 0 0 0 0 12724875 981425 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 4930 0 0 EDGAR BURRIS VICE CHAIRMAN 3.00 X X 6430 0 0 NATHAN HARRINGTON DIRECTOR 2.00 X 5510 0 0 JEFFREY SEDON TREASURER 2.00 X X 4060 0 0 DENNIS JOHNSON DIRECTOR 2.00 X 7540 0 0 JOHN HAGBERG DIRECTOR 2.00 X 580 0 0 LEE SITTERLEY DIRECTOR 2.00 X 5220 0 0 VICKI STEC SECRETARY 2.00 X 6400 0 0 KEN LARSON DIRECTOR 2.00 X 6960 0 0 TODD M McCLAIN ADMINISTRATION MANAGER 40.00 X 139694 0 60711 MATTHEW FRANKLIN GENERAL MANAGER & CEO 40.00 X 225966 0 65300 BRIAN WOOMER CFO 40.00 X 144658 0 56602 557948 0 182613 3 0 1 0 PENN LINE TREE SERVCIE 300 SCOTTDALE AVENUE SCOTTDALE PA 15683 R-O-W CLEARING 2135205 1 PROVIDE ELECTRICITY TO ITS MEMBER 221000 12724875 12724875 12724875 127642 127642 22100 -22100 -22100 -22100 POLE RENTAL REVENUE 900099 326323 326323 OTHER 900099 213510 213510 CAP CR. - ASSOC. ORGS. 900003 194595 194595 141455 141455 875883 13706300 13578658 0 127642 561630 740561 6723 1202363 COST OF POWER 4581745 DISTRIBUTION - MAINTENA 3544150 ADMINISTRATIVE & GENERA 1000562 DISTRIBUTION - OPERATIO 605875 903992 13147601 1570718 749579 2534827 3684822 1996599 2400370 735525 803015 39307 30232 38078312 16457177 20223310 21621135 3379164 3405891 68950 133421 30548400 32828465 2962142 2239779 23585 330020 739185 2187146 3724912 4756945 X 0 0 15805027 17475785 11018461 10595735 26823488 28071520 30548400 32828465 X 558699 689333 X X 0 1 X 0 0 68226 68226 245510 245510 0 37764576 16211667 21552909 21621135 PATRONAGE CAPITAL IN ASSOC. COOPERATIVES 2969104 C CAPITAL TERM CERTIFICATES 316257 C FEDERATED INSURANCE 120530 C 3405891 DEFERRED CREDITS - CUSTOMER PREPAYMENTS 475187 DEFERRED CREDITS - STORM 300000 DEFERRED CREDITS - FUTURE JOB COST 1411959 2187146 X 13706300 0 13706300 0 13706300 12585971 0 12585971 561630 561630 13147601 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 561,630. X 0 0 0 MATTHEW FRANKLIN GENERAL MANAGER & CEO 210664 0 15000 0 302 0 55092 0 10208 0 291266 0 0 0 BRIAN WOOMER CFO 137422 0 7126 0 110 0 32200 0 24402 0 201260 0 0 0 TODD M McCLAIN ADMINISTRATION MANAGER 132549 0 6696 0 449 0 34662 0 26049 0 200405 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 FORM 990 IS AVAILABLE ON THE IRS' WEBSITE AS WELL AS OTHER PUBLIC INTEREST SITES SUCH AS GUIDESTAR, PROPUBLICA, ETC. 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 502,183. DONATED CAPITAL - MEMBERSHIPS 177,487. MEMBERSHIP FEES 1,255. RECAPTURE OF CAPITAL CREDITS 8,408. FORM 990, PART XIII, LINE 2C PROCESS HAS NOT CHANGED FROM PRIOR YEAR.