Nonprofit · EIN 48-0188605
D S & O RURAL ELECTRIC COOPERATIVE ASSOCIATION INC
Tax-exempt · SOLOMON, KS 67480
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $22,326,941 | $22,326,941 | $0 | $75,055,364 | $49,182,171 | $25,873,193 |
| December 31, 2023 | 990 | $22,300,999 | $22,168,824 | $132,175 | $73,956,995 | $49,182,777 | $24,774,218 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $22,250,866
- Investment income
- $71,383
- Other revenue
- $4,692
Expenses
- Grants and similar amounts paid
- $10,000
- Benefits paid to members
- $1,296,801
- Compensation of officers, directors and key employees
- $743,169
- Other salaries and wages
- $597,511
- Salaries, compensation and benefits (total)
- $1,340,680
- Professional fundraising fees
- $0
- Depreciation
- $2,179,961
Balance sheet and other
- Total assets, start of year
- $73,956,995
- Total assets, end of year
- $75,055,364
- Total liabilities, end of year
- $49,182,171
- Net assets, end of year
- $25,873,193
- Land, buildings and equipment
- $58,528,003
- Gross receipts
- $22,326,941
- Employees
- 33
- Year formed
- 1937
- State of legal domicile
- KS
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Timothy J Power | CEO Officer | 40 | $281,951 | $125,440 |
| Marla Marshall | CFO Officer | 43 | $146,658 | $120,644 |
| Tracy Turner | Operations Manager Highest-paid employee | 41 | $125,600 | $91,728 |
| Kiff Swisher | Lineman Highest-paid employee | 48 | $145,848 | $44,595 |
| Derrick Rutherford | Member Services Highest-paid employee | 44 | $125,278 | $64,462 |
| Ken Hedberg | Director Trustee or director | 3.77 | $13,650 | $0 |
| James Christopher | Director Trustee or director | 5.31 | $12,225 | $0 |
| Shelia Hummel | Director Trustee or director | 4.44 | $11,238 | $0 |
| David Mueller | Director Trustee or director | 2.71 | $7,475 | $0 |
| Michael Richards | Director Trustee or director | 2.2 | $7,150 | $0 |
| Bruce Spare | Director Trustee or director | 1.11 | $5,363 | $0 |
| Ken Berry | Director Trustee or director | 0.87 | $4,550 | $0 |
| David Butler | Director Trustee or director | 0.9 | $3,900 | $0 |
| Randy Cooper | Director Trustee or director | 1.07 | $2,925 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Timothy J Power | CEO Officer | 40 | $268,152 | $121,919 |
| Marla Marshall | CFO Officer | 42 | $138,975 | $100,168 |
| Michael Olberding | Operations Manager Highest-paid employee | 42 | $134,184 | $75,578 |
| Derrick Rutherford | Member Services Highest-paid employee | 44 | $121,824 | $59,251 |
| Tracy Turner | Operations Manager Highest-paid employee | 40 | $111,057 | $53,857 |
| Kiff Swisher | Lineman Highest-paid employee | 43 | $111,848 | $41,682 |
| James Christopher | Director Trustee or director | 7.16 | $17,100 | $0 |
| Ken Hedberg | Director Trustee or director | 4.27 | $12,300 | $0 |
| Michael Richards | Director Trustee or director | 2.79 | $10,500 | $0 |
| Shelia Hummel | Director Trustee or director | 2.95 | $9,550 | $0 |
| David Mueller | Director Trustee or director | 2.76 | $7,400 | $0 |
| Dean Allison | Director Trustee or director | 2.12 | $7,200 | $0 |
| David Butler | Director Trustee or director | 1.91 | $6,300 | $0 |
| Ken Berry | Director Trustee or director | 1.89 | $5,400 | $0 |
| Bruce Spare | Director Trustee or director | 1.59 | $4,800 | $0 |
| Dane Clark | Director Former | 0.32 | $600 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 286, SOLOMON, KS 67480-0286
- In care of
- % TIMOTHY J POWER
- Principal officer (990 for 2024)
- Timothy J Power, PO Box 286, Solomon, KS 67480
- Signed the 990
- TIMOTHY J POWER, CEO
- Phone
- (785) 655-2011
- Website
- www.dsoelectric.com
- Return prepared by
- Kelso Lynch PC PA
Mission
To provide to our members safe, reliable, and affordable energy, educational programs, high quality service and other products through the provision of cooperative financial stability, hiring innovative employees and environmental stewardship.
Program accomplishments
- The Cooperative serves approximately 8,400 residential and commercial meters in some thirty communities spread throughout a nine county area in Central Kansas. Its service area extends from Junction City to McPherson and from Glasco to Lost Springs. This area includes the City of Solomon and certain areas within the city limits of Junction City. The majority of residential customers continue to be found in Dickinson, Saline, and Ottawa counties. Signficant numbers are also in Geary and McPherson counties.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 48-0188605
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1937
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $75,055,364
- Income (IRS master file)
- $22,326,941
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $22,326,941 | $22,326,941 | $75,055,364 | IRS |
| 990 | December 2023 | $22,300,999 | $22,168,824 | $73,956,995 | XML |
| 990 | December 2022 | $23,652,243 | $23,652,243 | $74,622,942 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 48-0188605).
Questions about D S & O RURAL ELECTRIC COOPERATIVE ASSOCIATION INC
- What is the EIN of D S & O RURAL ELECTRIC COOPERATIVE ASSOCIATION INC?
- The employer identification number (EIN) of D S & O RURAL ELECTRIC COOPERATIVE ASSOCIATION INC is 48-0188605.
- Is D S & O RURAL ELECTRIC COOPERATIVE ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1937.
- Are donations to D S & O RURAL ELECTRIC COOPERATIVE ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does D S & O RURAL ELECTRIC COOPERATIVE ASSOCIATION INC 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 D S & O RURAL ELECTRIC COOPERATIVE ASSOCIATION INC 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 D S & O RURAL ELECTRIC COOPERATIVE ASSOCIATION INC 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 D S & O RURAL ELECTRIC COOPERATIVE ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names Timothy J Power.
- Who are the officers and directors of D S & O RURAL ELECTRIC COOPERATIVE ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 14 received compensation from the organization, the highest $281,951 (Timothy J Power, CEO).
- How much revenue does D S & O RURAL ELECTRIC COOPERATIVE ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $22,326,941, expenses of $22,326,941 and total assets of $75,055,364 at year end.
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