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Nonprofit · EIN 37-0413095

MENARD ELECTRIC COOPERATIVE

Tax-exempt · PETERSBURG, IL 62675

Financials

$31.8M$31.8M2022$35.3M$35.3M2023$34M$33.8M2024
Revenue Expenses · by fiscal year end
Financials of MENARD ELECTRIC COOPERATIVE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$33,958,496$33,756,951$201,545$90,023,143$53,003,509$37,019,634
December 31, 2023990$35,313,108$35,313,108$0$86,529,247$51,797,456$34,731,791
December 31, 2022990 (amended)$31,796,337$31,796,337$0$79,932,930$46,760,631$33,172,299
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$201,545
of which government grants
$201,545
Program service revenue
$33,629,013
Investment income
$115,541
Net rental income
$27,856
Net gain from sales of assets
$43,252
Other revenue
$12,397

Expenses

Grants and similar amounts paid
$10,000
Benefits paid to members
$3,279,984
Compensation of officers, directors and key employees
$588,589
Other salaries and wages
$936,210
Salaries, compensation and benefits (total)
$1,524,799
Professional fundraising fees
$0
Depreciation
$2,830,764

Balance sheet and other

Total assets, start of year
$86,529,247
Total assets, end of year
$90,023,143
Total liabilities, end of year
$53,003,509
Net assets, end of year
$37,019,634
Land, buildings and equipment
$67,552,957
Gross receipts
$33,958,496
Employees
41
Year formed
1936
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ALISHA ANKERGENERAL MANAGER
Officer
40$226,374$98,989
PATRICIA MICHAELSDirector of Member Services
Highest-paid employee
40$147,259$88,675
ROBERT W HANNERAREA SERVICEMAN B2
Highest-paid employee
49$157,032$35,058
Jeremy J WillisCrew Leader
Highest-paid employee
48$148,156$42,944
Austin M HarveyJourneyman
Highest-paid employee
46$139,405$19,868
Kyle M HillJourneyman
Highest-paid employee
44$139,222$18,591
JULIE ATWATERDIR ACCTG & FINANCE
Officer
40$97,381$40,969
Lynn FrascoRetired General Manager
Former
0$64,583$0
GARY HOLLOWAYDIRECTOR
Trustee or director
3.94$8,727$0
MICHAEL E PATRICKDIRECTOR
Trustee or director
4.09$8,477$0
WARREN D GOETSCHDIRECTOR
Trustee or director
4.02$7,227$0
D JAY FRYEDIRECTOR
Trustee or director
2.4$6,727$0
DENNIS M RYANDIRECTOR
Trustee or director
2.42$6,477$0
GARY L MARTINDIRECTOR
Trustee or director
2.97$6,227$0
DONALD E MCMILLANDIRECTOR
Trustee or director
4.92$5,882$0
3 more people on this return
NameTitleHours / weekCompensation
STEVE WORNERDIRECTOR
Trustee or director
2.29$5,227
JODINE L TATEDIRECTOR
Trustee or director
1.94$3,477
Rex MuirDirector
Trustee or director
1.81$1,845
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
ALISHA ANKERGENERAL MANAGER
Officer
40$225,386$94,318
PATRICIA MICHAELSDirector of Member Services
Highest-paid employee
40$143,032$77,017
Brady SmithManager of Engineering
Highest-paid employee
40$132,074$43,283
Dalton WhitleyDirector of Operations
Highest-paid employee
40$132,800$40,636
BRANDON BLAIRArea Serviceman
Highest-paid employee
43$124,197$45,678
ROBERT HANNERAREA SERVICEMAN
Highest-paid employee
42$126,004$34,073
JULIE ATWATERDIR ACCTG & FINANCE
Officer
40$90,568$38,611
MICHAEL E PATRICKDIRECTOR
Trustee or director
4.78$9,717$0
WARREN D GOETSCHDIRECTOR
Trustee or director
4.79$8,717$0
DENNIS M RYANDIRECTOR
Trustee or director
3.16$7,217$0
GARY HOLLOWAYDIRECTOR
Trustee or director
3.37$6,717$0
DONALD E MCMILLANDIRECTOR
Trustee or director
2.58$6,217$0
GARY L MARTINDIRECTOR
Trustee or director
2.22$5,967$0
D JAY FRYEDIRECTOR
Trustee or director
2.32$5,967$0
JODINE L TATEDIRECTOR
Trustee or director
1.87$3,967$0
STEVE WORNERDIRECTOR
Trustee or director
1.21$3,467$0
990 for the year ended December 31, 2022: 16 people
NameTitleHours / weekCompensationOther / benefits
ALISHA ANKERGENERAL MANA
Officer
40$210,291$117,749
PATRICIA MICHAELSDIR OF MEMBE
Highest-paid employee
40$138,875$97,521
DALTON WHITLEYDIR OF OPERA
Highest-paid employee
40$126,924$55,821
BRADY SMITHMGR OF ENGIN
Highest-paid employee
40$121,397$58,234
BRANDON BLAIRCREW LEADER
Highest-paid employee
45$118,390$57,652
ROBERT HANNERAREA SERVICE
Highest-paid employee
44$117,224$45,843
JULIE ATWATERDIR ACCTG &
Officer
40$85,048$30,348
WARREN D GOETSCHDIRECTOR
Trustee or director
5.6$11,920$0
MICHAEL E PATRICKDIRECTOR
Trustee or director
4.4$10,558$0
DENNIS M RYANDIRECTOR
Trustee or director
2.1$9,174$0
DONALD E MCMILLANDIRECTOR
Trustee or director
0.8$9,037$0
D JAY FRYEDIRECTOR
Trustee or director
3.8$7,606$0
GARY L MARTINDIRECTOR
Trustee or director
3.5$7,331$0
STEVE WORNERDIRECTOR
Trustee or director
0.6$5,639$0
JODINE L TATEDIRECTOR
Trustee or director
2.3$5,165$0
GARY HOLLOWAYDIRECTOR
Trustee or director
1.9$4,307$0

Address and contacts

Address (IRS master file)
PO BOX 200, PETERSBURG, IL 62675-0200
In care of
% ALISHA ANKER
Principal officer (990 for 2024)
ALISHA ANKER, PO BOX 200, Petersburg, IL 62675
Signed the 990
ALISHA ANKER, General Manager
Phone
(217) 632-7746
Return prepared by
Kelso Lynch PC PA

Mission

TO PROVIDE RELIABLE ELECTRIC SERVICE AT A REASONABLE COST WITH CONCERN FOR THE SAFETY AND WELL-BEING OF THE MEMBERS, THE EMPLOYEES, AND THE COMMUNITIES OF THE COOPERATIVE.

990 for the year ended December 31, 2024

Program accomplishments

  • Provide electric services to over 11,000 accounts in 8 counties in Central Illinois.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
37-0413095
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1938
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$90,023,143
Income (IRS master file)
$33,958,496

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$33,958,496$33,756,951$90,023,143XML
990December 2023$35,313,108$35,313,108$86,529,247XML
990December 2022$31,796,337$31,796,337$79,932,930XML
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 37-0413095).

Questions about MENARD ELECTRIC COOPERATIVE

What is the EIN of MENARD ELECTRIC COOPERATIVE?
The employer identification number (EIN) of MENARD ELECTRIC COOPERATIVE is 37-0413095.
Is MENARD ELECTRIC COOPERATIVE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1938.
Are donations to MENARD ELECTRIC COOPERATIVE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MENARD ELECTRIC COOPERATIVE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MENARD ELECTRIC COOPERATIVE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MENARD ELECTRIC COOPERATIVE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MENARD ELECTRIC COOPERATIVE?
The 990 for the year ended December 31, 2024 names ALISHA ANKER.
Who are the officers and directors of MENARD ELECTRIC COOPERATIVE?
The 990 for the year ended December 31, 2024 lists 18 people; 18 received compensation from the organization, the highest $226,374 (ALISHA ANKER, GENERAL MANAGER).
How much revenue does MENARD ELECTRIC COOPERATIVE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $33,958,496, expenses of $33,756,951 and total assets of $90,023,143 at year end.

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