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Ozark Border Electric Cooperative Inc

  • Poplar Bluff, MO
  • Tax-exempt since March 1939
  • EIN: 43-0445644

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$30.8M (2023)

Expenses
$30.6M (2023)

Total Assets
$267M (2023)

Total Liabilities
$162M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,783,336
Expenses
$30,612,311
Net Income
$171,025
Net Assets
$104,124,759
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $360,829
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $30,422,507
98.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $673,794
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $7,676,565
25.1%
Assets/Debt
Total Assets $266,562,065
Total Liabilities $162,437,306
Net Assets $104,124,759
Club or Co-Op Income
Income From Members $77,773,879
Income From Other Sources $31,623
Compensation
Key Employees and Officers Compensation Related Other
David Schremp (General Manager) $222,213 $0 $56,770
Dustin Prater (Crew Foreman) $129,090 $0 $16,273
Randy Hager (Service Forman) $125,254 $0 $15,770
Hollye Abner (Manager Finance & Accounting) $121,608 $0 $43,703
Corbin Inman (Crew Foreman) $121,117 $0 $16,273
John Walker (Engineering Manager) $120,731 $0 $43,703
Jacob Robinson (Crew Foreman) $119,453 $0 $16,273
James Chad Parker (Board Member) $22,500 $0 $0
Gary Melton (Board Member) $21,000 $0 $0
Greg Lintz (Board Member) $21,000 $0 $0
Franklin Atchison (Board President) $20,500 $0 $0
Bill Crawford (Board Member) $20,500 $0 $0
Curtis Clark (Board Member) $20,500 $0 $0
Jim Hover (Board Member) $20,000 $0 $0
Dewayne Ligons (Board Secretary/Treasurer) $20,000 $0 $0
Bill Hager (Board Member) $19,000 $0 $0
Judy Lunsford (Board Vice President) $18,500 $0 $0
Jordan Collins (Board Member) $13,500 $0 $0
Charles Bunting (Board Member) $12,500 $0 $0
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Document Links

990
Filed on March 25, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,789,906
Expenses
$30,236,513
Net Income
$553,393
Net Assets
$101,181,911
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $228,627
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $30,561,279
99.3%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $766,239
2.5%
Professional Fundraising Fees $0
Other Salaries and Wages $7,614,313
25.2%
Assets/Debt
Total Assets $259,148,554
Total Liabilities $157,966,643
Net Assets $101,181,911
Club or Co-Op Income
Income From Members $74,989,306
Income From Other Sources $239,292
Compensation
Key Employees and Officers Compensation Related Other
David Schremp (General Manager) $197,965 $0 $53,307
John Walker (Engineering Manager) $119,263 $0 $42,570
Hollye Abner (Manager Finance & Accounting) $118,274 $0 $40,790
Jason Sisk (Journeyman Lineman) $117,574 $0 $14,872
Dustin Prater (Crew Foreman) $116,851 $0 $15,555
Randy Hager (Service Forman) $116,301 $0 $15,059
Corbin Inman (Crew Foreman) $115,129 $0 $15,555
Franklin Atchison (Board President) $22,000 $0 $0
Bill Hager (Board Member) $21,500 $0 $0
Gary Melton (Board Member) $21,500 $0 $0
Curtis Clark (Board Member) $21,000 $0 $0
Greg Lintz (Board Member) $21,000 $0 $0
Bill Crawford (Board Member) $20,000 $0 $0
Judy Lunsford (Board Vice President) $19,000 $0 $0
James Chad Parker (Board Member) $19,000 $0 $0
Jim Hover (Board Member) $17,500 $0 $0
Dewayne Ligons (Board Secretary/Treasurer) $17,000 $0 $0
Jordan Collins (Board Member) $13,500 $0 $0
Charles Bunting (Board Member) $13,500 $0 $0
+ View more people

Document Links

990
Filed on March 27, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,435,762
Expenses
$28,224,795
Net Income
$2,210,967
Net Assets
$100,642,698
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $83,504
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $30,352,258
99.7%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $558,712
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $7,183,056
25.4%
Assets/Debt
Total Assets $251,588,651
Total Liabilities $150,945,953
Net Assets $100,642,698
Club or Co-Op Income
Income From Members $72,476,276
Income From Other Sources $233,436
Compensation
Key Employees and Officers Compensation Related Other
David Schremp (General Manager) $185,461 $0 $50,098
Hollye Abner (Manager Finance & Accounting) $108,827 $0 $37,826
Franklin Atchison (Board President) $18,000 $0 $0
Curtis Clark (Board Member) $17,500 $0 $0
Jim Hover (Board Member) $15,500 $0 $0
Greg Lintz (Board Member) $15,000 $0 $0
Bill Hager (Board Member) $15,000 $0 $0
Judy Lunsford (Board Vice President) $15,000 $0 $0
Gary Melton (Board Member) $14,500 $0 $0
Bill Crawford (Board Member) $14,500 $0 $0
Dewayne Ligons (Board Secretary/Treasurer) $13,500 $0 $0
Jordan Collins (Board Member) $12,000 $0 $0
Charles Bunting (Board Member) $12,000 $0 $0
Jeffrey Holloway (Board Member (Jan. 1 Aug. 6)) $7,500 $0 $0
James Chad Parker (Board Member (Aug. 6 Dec. 31)) $6,500 $0 $0
+ View more people

Document Links

990
Filed on March 28, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML
Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$29,637,996
Expenses
$26,251,320
Net Income
$3,386,676
Net Assets
$96,874,938
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $175,616
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $29,462,380
99.4%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $473,203
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $6,678,088
25.4%
Assets/Debt
Total Assets $252,558,464
Total Liabilities $155,683,526
Net Assets $96,874,938
Club or Co-Op Income
Income From Members $69,736,785
Income From Other Sources $230,311
Compensation
Key Employees and Officers Compensation Related Other
David Schremp (General Manager) $179,921 $0 $42,568
Hollye Abner (Manager Finance & Accounting) $104,896 $0 $32,218
Franklin Atchison (Board President) $11,300 $0 $0
Greg Lintz (Board Member) $10,500 $0 $0
Dewayne Ligons (Board Secretary/Treasurer) $9,700 $0 $0
Jordan Collins (Board Member) $9,700 $0 $0
Bill Crawford (Board Member) $9,700 $0 $0
Bill Hager (Board Member) $9,700 $0 $0
Jeffrey Holloway (Board Member) $9,700 $0 $0
Gary Melton (Board Member) $9,700 $0 $0
Judy Lunsford (Board Vice President) $8,500 $0 $0
Charles Bunting (Board Member) $7,700 $0 $0
David Crow (Board Member) $7,200 $0 $0
Mark Yarbro (Board Member) $5,600 $0 $0
Jim Hover (Board Member) $3,300 $0 $0
Curtis Clark (Board Member) $1,300 $0 $0
+ View more people

Document Links

990
Filed on March 29, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,105,532
Expenses
$27,802,960
Net Income
$2,302,572
Net Assets
$92,295,535
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $420,577
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $29,684,955
98.6%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $465,419
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $6,604,198
23.8%
Assets/Debt
Total Assets $252,940,230
Total Liabilities $160,644,695
Net Assets $92,295,535
Club or Co-Op Income
Income From Members $72,687,695
Income From Other Sources $230,541

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,632,102
Expenses
$25,830,232
Net Income
$2,801,870
Net Assets
$85,888,212
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $334,377
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $28,297,725
98.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $452,459
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $6,325,513
24.5%
Assets/Debt
Total Assets $241,960,133
Total Liabilities $156,071,921
Net Assets $85,888,212
Club or Co-Op Income
Income From Members $73,136
Income From Other Sources $224,181

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,820,635
Expenses
$25,669,089
Net Income
$1,151,546
Net Assets
$81,627,122
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $285,310
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $26,535,325
98.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $426,058
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $6,338,170
24.7%
Assets/Debt
Total Assets $233,496,102
Total Liabilities $151,868,980
Net Assets $81,627,122
Club or Co-Op Income
Income From Members $68,061,825
Income From Other Sources $219,771

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,343,532
Expenses
$24,990,323
Net Income
$353,209
Net Assets
$78,786,344
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $177,564
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $25,165,968
99.3%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $504,033
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $6,204,730
24.8%
Assets/Debt
Total Assets $229,162,353
Total Liabilities $150,376,009
Net Assets $78,786,344
Club or Co-Op Income
Income From Members $67,976,754
Income From Other Sources $214,492

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,102,560
Expenses
$25,606,524
Net Income
$496,036
Net Assets
$77,353,525
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $296,558
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $25,806,002
98.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $505,703
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $5,674,501
22.2%
Assets/Debt
Total Assets $222,867,014
Total Liabilities $145,513,489
Net Assets $77,353,525
Club or Co-Op Income
Income From Members $67,403,940
Income From Other Sources $212,090

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,563,131
Expenses
$25,072,604
Net Income
$2,490,527
Net Assets
$75,764,273
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $377,547
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $27,185,584
98.6%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $487,568
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $5,475,124
21.8%
Assets/Debt
Total Assets $228,028,978
Total Liabilities $152,264,705
Net Assets $75,764,273
Club or Co-Op Income
Income From Members $68,461,509
Income From Other Sources $208,816

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,991,493
Expenses
$24,245,667
Net Income
$1,745,826
Net Assets
$71,889,355
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $196,285
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $25,795,208
99.2%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $438,660
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $5,661,341
23.3%
Assets/Debt
Total Assets $212,829,597
Total Liabilities $140,940,242
Net Assets $71,889,355
Club or Co-Op Income
Income From Members $66,470,946
Income From Other Sources $201,540

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,058,713
Expenses
$23,790,841
Net Income
$1,267,872
Net Assets
$67,685,165
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $110,450
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $24,948,263
99.6%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $418,415
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $5,480,007
23.0%
Assets/Debt
Total Assets $205,362,672
Total Liabilities $137,677,507
Net Assets $67,685,165
Club or Co-Op Income
Income From Members $65,890,324
Income From Other Sources $198,931

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,921,265
Expenses
$23,448,742
Net Income
-$2,527,477
Net Assets
$64,100,281
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $101,820
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $20,819,445
99.5%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $396,094
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $5,085,874
21.7%
Assets/Debt
Total Assets $200,668,006
Total Liabilities $136,567,725
Net Assets $64,100,281
Club or Co-Op Income
Income From Members $61,438,675
Income From Other Sources $204,210

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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