TY 2022 Form 990 Schedule O

efile Public Visual Render ObjectId: 202300889349300110 - Submission: 2023-03-29 TIN: 57-0123093

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2022

Open to Public
Inspection

Name of the organization

BERKELEY ELECTRIC COOPERATIVE INC

Employer identification number

57-0123093

Return Reference	Explanation
FORM 990, PAGE 2, PART III, LINE 4D	TO PROVIDE AFFORDABLE, SAFE AND RELIABLE ELECTRIC SERVICE TO OUR MEMBER OWNERS.
FORM 990, PAGE 6, PART VI, LINE 6	THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 7A	THE COOPERATIVE HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 7B	CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 11B	EXECUTIVE MANAGEMENT REVIEWS FORM 990 WITH THE BOARD WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM.
FORM 990, PAGE 6, PART VI, LINE 12C	THE COOPERATIVE REGULARLY AND CONSISTENTLEY MONITORS AND ENFORCES COMPLIANCE WITH THE FOLLOWING POLICIES, WHICH ARE INCLUDED AS A PART OF COMPLIANCE WITH THE FOLLOWING POLICIES, WHICH ARE INCLUDED AS A PART OF
FORM 990, PAGE 6, PART VI, LINE 15A	COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S BOARD POLICY 203 WHICH IS INCLUDED AS A PART OF THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 15B	COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S BOARD POLICY 203 WHICH IS INCLUDED AS A PART OF THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 19	THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI, SECTION C, LINE 18.
FORM 990, PART VII	IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS, ALL TRUSTEES THAT SERVED ON THE BOARD DURING THE CURRENT YEAR ARE PRESENTED ON PART VII. ALTHOUGH 10 TRUSTEES ARE PRESENTED ON PART VII, ONLY 9 TRUSTEES WERE ACTIVELY SERVING AS OF DECEMBER 31, 2022.
FORM 990, PART XI, LINE 9	CHANGE IN MEMBERSHIP FEES 22,740 PATRONAGE CAPITAL ASSIGNED 20,697,508 CHANGE IN OTHER EQUITIES 312,277 PATRONAGE CAPITAL RETIRMENTS -6,669,274 ELECTRIC REVENUE DEFERRED UNDER ASC 980 -10,800,000 POSTRETIREMENT BENEFITS UNDER ASC 980 -4,813,331 TOTAL -1,250,080
FORM 990, PART XII	THE PRIOR YEAR INFORMATION HAS BEEN RECLASSIFIED TO CONFORM TO THE CURRENT YEAR PRESENTATION.

Return Reference

Explanation

FORM 990, PAGE 2, PART III, LINE 4D

TO PROVIDE AFFORDABLE, SAFE AND RELIABLE ELECTRIC SERVICE TO OUR MEMBER OWNERS.

FORM 990, PAGE 6, PART VI, LINE 6

THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN.

FORM 990, PAGE 6, PART VI, LINE 7A

THE COOPERATIVE HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN.

FORM 990, PAGE 6, PART VI, LINE 7B

CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN.

FORM 990, PAGE 6, PART VI, LINE 11B

EXECUTIVE MANAGEMENT REVIEWS FORM 990 WITH THE BOARD WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM.

FORM 990, PAGE 6, PART VI, LINE 12C

THE COOPERATIVE REGULARLY AND CONSISTENTLEY MONITORS AND ENFORCES COMPLIANCE WITH THE FOLLOWING POLICIES, WHICH ARE INCLUDED AS A PART OF COMPLIANCE WITH THE FOLLOWING POLICIES, WHICH ARE INCLUDED AS A PART OF

FORM 990, PAGE 6, PART VI, LINE 15A

COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S BOARD POLICY 203 WHICH IS INCLUDED AS A PART OF THIS RETURN.

FORM 990, PAGE 6, PART VI, LINE 15B

COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S BOARD POLICY 203 WHICH IS INCLUDED AS A PART OF THIS RETURN.

FORM 990, PAGE 6, PART VI, LINE 19

THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI, SECTION C, LINE 18.

FORM 990, PART VII

IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS, ALL TRUSTEES THAT SERVED ON THE BOARD DURING THE CURRENT YEAR ARE PRESENTED ON PART VII. ALTHOUGH 10 TRUSTEES ARE PRESENTED ON PART VII, ONLY 9 TRUSTEES WERE ACTIVELY SERVING AS OF DECEMBER 31, 2022.

FORM 990, PART XI, LINE 9

CHANGE IN MEMBERSHIP FEES 22,740 PATRONAGE CAPITAL ASSIGNED 20,697,508 CHANGE IN OTHER EQUITIES 312,277 PATRONAGE CAPITAL RETIRMENTS -6,669,274 ELECTRIC REVENUE DEFERRED UNDER ASC 980 -10,800,000 POSTRETIREMENT BENEFITS UNDER ASC 980 -4,813,331 TOTAL -1,250,080

FORM 990, PART XII

THE PRIOR YEAR INFORMATION HAS BEEN RECLASSIFIED TO CONFORM TO THE CURRENT YEAR PRESENTATION.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2022

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