2026-07-06T08:46:15-05:00 2025-12-31 992923038 BRADY MARTZ PLLC PO BOX 1297 BISMARCK ND 585021297 990 2025-01-01 450217360 SLOPE ELECTRIC COOPERATIVE INC SLOP 7015794191 PO BOX 338 NEW ENGLAND ND 58647 ALEX CRAIGMILE CFO 7015794191 2026-07-01 1 LANCE RAMBOUSEK P01212867 7012231717 2026-07-01 2025 2025-03-06 01:10:19Z ALEX CRAIGMILE PO BOX 338 NEW ENGLAND ND 58647 22308484 0 X WWW.SLOPEELECTRIC.COOP X 1945 ND THE EXEMPT PURPOSE OF THE ORGANIZATION IS TO DISTRIBUTE RELIABLE ELECTRIC SERVICE TO MEMBERS IN SLOPE, ADAMS, HETTINGER, AND BOWMAN COUNTIES. 8 8 17 0 76745 14349 0 0 19952797 20134473 1351838 1266089 717974 907922 22022609 22308484 26454 0 2292325 2637798 475612 693592 0 0 0 19228218 18977094 22022609 22308484 0 0 118304460 112682717 43615812 38368203 74688648 74314514 OUR MISSION IS TO PROVIDE SAFE, RELIABLE, AND AFFORDABLE ELECTRIC SERVICE TO OUR MEMBERS. 0 0 SALE OF ELECTRIC ENERGY TO MEMBERS IN RURAL AREAS 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 162 0 1 17 1 1 1 0 0 0 0 0 0 20134473 1980819 0 0 0 X 8 8 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ALEX CRAIGMILE 7015794191 1600 E INTERSTATE AVE SUITE 2 BISMARCK ND 58503 X ANGELA CARLSON PRESIDENT 8.96 X X 25025 0 0 ANTHONY LARSON VICE PRESIDENT 5.62 X X 10700 0 0 CHAROLOTTE MEIER SECRETARY 6.63 X X 12600 0 0 HENRY FISCHER TREASURER 7.02 X X 13500 0 0 STEVE WEGNER DIRECTOR 2.88 X 8675 0 0 KEVIN THOMPSON DIRECTOR 8.73 X 8900 0 0 JEROME CARON DIRECTOR 1.73 X 2850 0 0 CHERYL VAN DAELE DIRECTOR 10.33 X 19400 0 0 RYAN JACOBSON DIRECTOR 5.67 X 14600 0 0 DEAN VOLK OPERATIONS MANAGER 40.15 X 165584 0 88852 ANDREW SONSALLA OPERATIONS MANAGER 43.56 X 138739 0 66575 JEFF BOYNTON OUTPOST FOREMAN 44.43 X 138868 0 79468 BRADLEY SCHMITT JOURNEY LINE TECHNICIAN 44.39 X 130733 0 42456 DUSTIN HOFF SENIOR STAKING TECHNICIAN 43.63 X 129824 0 55003 SHAY OLSON JOURNEYMAN LINE TECHNICIAN 44.02 X 135603 0 15189 TRAVIS KUPPER IEA EMPLOYEE CO-MANAGER 0.00 40.00 X 0 0 0 JASON BENTZ IEA EMPLOYEE CO-MANAGER 0.00 40.00 X 0 0 0 ALEX CRAIGMILE IEA EMPLOYEE CFO 0.00 40.00 X 0 0 0 955601 0 347543 10 0 1 0 3C CONSTRUCTION LLC 4001 30TH AVE NW MANDAN ND 58554 CONSTRUCTION SERVICES 1361352 INNOVATIVE ENERGY ALLIANCE COOPERATIVE PO BOX 338 NEW ENGLAND ND 58647 PROFESSIONAL SERVICES 1084280 MAINTENANCE SOLUTIONS COOPERATIVE 235 SIMS ST DICKINSON ND 58601 MAINTENANCE SERVICES 323388 BERGER ELECTRIC INC 265 21ST ST E DICKINSON ND 58601 BORING SERVICES 223436 4 SALE OF ELECTRICITY 221000 20134473 20134473 20134473 1266089 1266089 CAPITAL CREDITS 221000 694002 694002 K-1 WDUS HOLDINGS, LLC 230000 115106 23953 76745 14408 MISCELLANEOUS REVENUE 221000 98814 98814 907922 22308484 20951242 76745 1280497 X 2637798 361484 332108 251742 837838 1954389 COST OF POWER 12178104 DISTRIBUTION - OPERATIO 1857121 ADMIN AND GENERAL 675011 DISTRIBUTION - MAINTENA 379816 843073 22308484 3650332 2463955 28240964 21662744 614199 1940141 252822 138881 3363966 2280806 210075 209105 89927203 28288344 58957006 61638859 22557171 22108222 457925 240004 118304460 112682717 2229557 1913699 28999635 28052351 12386620 8402153 43615812 38368203 X 0 0 0 0 74688648 74314514 74688648 74314514 118304460 112682717 X 0 -374134 X X 0 1 X 1 0 330452 330452 3366982 2322416 1044566 79349276 25965928 53383348 6880493 6880493 61638859 PATRONAGE CAPITAL CREDITS-ELECTRIC SUPPLIER 19707649 C MEMBERSHIPS 1750 C FEDERATED STOCK 212029 C NRUCFC CERTIFICATES 236547 C PATRONAGE CAPITAL CREDITS-OTHER SUPPLIER 406006 C INVESTMENT IN WDUS HOLDINGS 1352580 C MISCELLANEOUS INVESTMENT 3357 C MAINTENANCE SOLUTIONS COOPERATIVE 72862 C INNOVATIVE ENERGY 115442 C 22108222 DEFERRED CREDITS 8402153 8402153 X PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. THE COOPERATIVE FILES FEDERAL FORM 990T FOR ITS UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE SUBSIDIARY IS A TAXABLE CORPORATION AND PROVIDES FOR INCOME TAXES BASED ON INCOME REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE COOPERATIVE'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS, AND OTHER EVIDENCE. IT IS THE OPINION OF MANAGEMENT THAT THE COOPERATIVE HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL AND STATE INCOME TAX RETURNS OF THE COOPERATIVE ARE SUBJECT TO EXAMINATION BY THE IRS AND STATE TAX AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. ALL FILINGS ARE CURRENT. X 0 0 0 DEAN VOLK OPERATIONS MANAGER 162449 0 75 0 3060 0 61350 0 27501 0 254435 0 0 0 ANDREW SONSALLA OPERATIONS MANAGER 138143 0 75 0 521 0 39733 0 26841 0 205313 0 0 0 JEFF BOYNTON OUTPOST FOREMAN 137849 0 75 0 944 0 53427 0 26041 0 218336 0 0 0 BRADLEY SCHMITT JOURNEY LINE TECHNICIAN 130265 0 75 0 393 0 15713 0 26743 0 173189 0 0 0 DUSTIN HOFF SENIOR STAKING TECHNICIAN 129392 0 75 0 357 0 28334 0 26669 0 184827 0 0 0 SHAY OLSON JOURNEYMAN LINE TECHNICIAN 135358 0 75 0 170 0 13643 0 1546 0 150792 0 0 0 INNOVATIVE ENERGY ALLIANCE COOPERATIVE TRAVIS K, JASON B AND ALEX C ARE OFFICERS OF BOTH ENTITIES 1144975 PAYMENT OF MANAGEMENT AND OTHER SERVICES 0 FORM 990, PART VI, SECTION A, LINE 3 INNOVATIVE ENERGY ALLIANCE COOPERATIVE IS A SEPARATE COOPERATIVE FORMED BY FOUR RURAL ELECTRIC COOPERATIVES IN THE STATE OF NORTH DAKOTA TO PROVIDE MANAGEMENT AND ADVISORY SERVICES TO THE FOUR RURAL ELECTRIC COOPERATIVES. SLOPE ELECTRIC COOPERATIVE HAS HIRED INNOVATIVE ENERGY ALLIANCE COOPERATIVE TO PROVIDE MANAGEMENT, HUMAN RESOURCES AND OTHER SERVICES. FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUALS AND ENTITIES RECEIVING ELECTRICAL POWER FROM THE COOPERATIVE ARE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS MAY VOTE. MEMBERS ELECT THE ENTIRE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B AT THE ANNUAL MEETING, ALL BYLAW CHANGES MUST BE APPROVED BY THE MEMBERS AND THE MEMBERS MAY VOTE ON MOTIONS CONCERNING THE OPERATIONS OF THE COOPERATIVE. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETED 990 IS REVIEWED AT A MONTHLY BOARD MEETING AND ACCEPTED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS ARE REQUIRED TO ANNUALLY SIGN OFF A CONFLICT OF INTEREST AND UPDATE THE OTHER BOARD MEMBERS ANY TIME A CONFLICT ARISES. FORM 990, PART VI, SECTION B, LINE 15 COSTS FOR MANAGEMENT WERE COMPARED TO STATE AVERAGES, PRIOR WAGES, AND APPROVED BY THE FULL BOARD AFTER BOARD DELIBERATION. PAY IS REVIEWED ANNUALLY. CHANGES ARE BASED ON MERIT, CPI, AND COMPARATIVE WAGES. BOARD OF DIRECTORS MUST APPROVE THESE CHANGES. THE PAYROLL CHANGES FOR OTHER KEY EMPLOYEES ARE BASED ON THE SAME CRITERIA AS CEO. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORMS 990/990-T AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ANNUAL FINANCIALS ARE PRESENTED AT THE ANNUAL MEMBERSHIP MEETING EACH YEAR IN JUNE. GOVERNING DOCUMENTS ARE MADE AVAILABLE TO EACH MEMBER WHEN THEY INITIALLY BECOME A MEMBER. FORM 990, PART VII TRAVIS KUPPER, JASON BENTZ AND ALEX CRAIGMILE ARE EMPLOYEES OF INNOVATIVE ENERGY ALLIANCE COOPERATIVE, A SEPARATE UNRELATED ENTITY THAT PROVIDES MANAGEMENT AND OTHER SERVICES TO RURAL ELECTRIC COOPERATIVES IN NORTH DAKOTA. FORM 990, PART VII, SECTION A, COLUMN F INCLUDED IN THE COLUMN "F" ESTIMATED AMOUNT OF OTHER COMPENSATION IS THE ESTIMATED ANNUAL INCREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN. THE ESTIMATED INCREASE IS AS FOLLOWS FOR THOSE LISTED IN PART VII: DEAN VOLK - $56,301 JEFF BOYNTON - $49,754 ANDREW SONSALLA - $35,908 BRADLEY SCHMITT - $4,165 DUSTIN HOFF - $16,082 SHAY OLSON - $2,226 THE CURRENT YEAR EXPENSE FOR THIS DEFINED BENEFIT PLAN WAS AS FOLLOWS: DEAN VOLK - $47,101 JEFF BOYNTON - $34,485 ANDREW SONSALLA - $34,485 BRADLEY SCHMITT - $14,288 DUSTIN HOFF - $15,146 SHAY OLSON - $13,579 FORM 990, PART IX, LINE 4: THE AMOUNT OF $2,637,798 ON THIS LINE IS FOR PATRONAGE DIVIDENDS. THE COOPERATIVE HAS INTERPRETED PATRONAGE DIVIDENDS TO MEAN THE AMOUNT OF CAPITAL CREDITS THAT WERE ALLOCATED TO MEMBERS IN THE CURRENT YEAR. FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -3,011,932. ALLOCATED CAPITAL CREDITS 2,637,798. FORM 990, PART XI, LINE 2(C) THERE WAS NO CHANGE IN THE OVERSIGHT OR SELECTION PROCESS OF THE INDEPENDENT AUDITORS. THE FULL BOARD OF DIRECTORS REVIEWED AND APPROVED THE INDEPENDENT AUDITORS.