2023-10-03T13:55:43-05:00 2022-12-31 450310328 BRADY MARTZ & ASSOCIATES PC PO BOX 1297 BISMARCK ND 585021297 990 2022-01-01 450217360 SLOPE ELECTRIC COOPERATIVE INC SLOP 7015794191 PO BOX 338 NEW ENGLAND ND 58647 ALEX CRAIGMILE CFO 7015794191 2023-08-17 1 ALEX CRAIGMILE 999009999 0 LANCE RAMBOUSEK P01212867 7012231717 2023-08-17 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ALEX CRAIGMILE PO BOX 338 NEW ENGLAND ND 58647 26292159 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 15 0 -42962 0 0 0 26980303 23428590 138438 418746 1222230 2444823 28340971 26292159 34757 43954 3134131 3316099 231559 251725 0 0 0 24940524 22680381 28340971 26292159 0 0 117902274 117371674 43976030 42981437 73926244 74390237 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 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 1 173 0 15 1 1 1 0 0 0 0 0 0 23442816 2849343 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 LAUREN KLEWIN DIRECTOR 4.08 X 7750 0 0 STEVE WEGNER PRESIDENT 9.56 X X 7950 0 0 ANTHONY LARSON VICE PRESIDENT 7.88 X X 12400 0 0 JEROME CARON DIRECTOR 5.50 X 9700 0 0 ANGELA CARLSON SECRETARY 7.83 X X 14050 0 0 DALE HANDE DIRECTOR 6.23 X 8825 0 0 CHAROLOTTE MEIER DIRECTOR 7.77 X 12000 0 0 HENRY FISCHER TREASURER 7.69 X X 13175 0 0 TRAVIS KUPPER IEA EMPLOYEE CO-MANAGER 0.00 40.00 X 0 0 0 DON FRANKLUND 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 DEAN VOLK OPERATIONS MANAGER 40.00 X 148906 0 90456 JEFF BOYNTON OUTPOST FOREMAN 40.00 X 125459 0 90626 ANDREW SONSALLA SENIOR STAKING TECHNICIAN 40.00 X 134854 0 77462 DUSTIN HOFF WORKING FOREMAN 40.00 X 120580 0 55832 CODY BRAATEN JOURNEYMAN LINE TECHNICIAN 40.00 X 122934 0 53049 738583 0 367425 8 0 1 0 3C CONSTRUCTION LLC 4001 30TH AVE NW MANDAN ND 58554 CONSTRUCTION SERVICES 789620 INNOVATIVE ENERGY ALLIANCE COOPERATIVE PO BOX 338 NEW ENGLAND ND 58647 PROFESSIONAL SERVICES 719692 2 SALE OF ELECTRICITY 221000 23428590 23428590 23428590 418746 418746 CAPITAL CREDITS 221000 2076004 2076004 MISCELLANEOUS REVENUE 221000 411781 411781 K-1 WDUS HOLDINGS, LLC 230000 -42962 -42962 2444823 26292159 25916375 -42962 418746 X 43954 3316099 85850 165875 265035 767419 1898021 COST OF POWER 16216347 DISTRIBUTION - OPERATIO 1708147 ADMIN AND GENERAL 794518 TAXES 295295 735599 26292159 2629960 5325016 29866119 26846118 1142943 262836 596524 480509 1624839 1826956 68883 58115 82193539 24083964 58636167 58109575 23214523 24275549 122316 187000 117902274 117371674 2027982 2041253 28293839 27018047 13654209 13922137 43976030 42981437 X 0 0 0 0 73926244 74390237 73926244 74390237 117902274 117371674 X 0 463993 X X 0 1 X 1 0 330452 330452 3180688 2083775 1096913 78682399 22000189 56682210 58109575 PATRONAGE CAPITAL CREDITS-ELECTRIC SUPPLIER 21322201 C MEMBERSHIPS 1750 C FEDERATED STOCK 185398 C NRUCFC CERTIFICATES 236547 C INVESTMENT IN SLOPE SERVICES 24448 C PATRONAGE CAPITAL CREDITS-OTHER SUPPLIER 400187 C INVESTMENT IN WDUS HOLDINGS 1969069 C MISCELLANEOUS INVESTMENT 3714 C MAINTENANCE SOLUTIONS COOPERATIVE 56379 C INNOVATIVE ENERGY 75856 C 24275549 DEFERRED CREDITS 13922137 13922137 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. 1 CITY OF NEW ENGLAND PO BOX 130 NEW ENGLAND ND 58647 456002132 GOV'T 12000 0 CASH DONATION 0 2 PART I, LINE 2: ALL CONTRIBUTION REQUESTS ARE REVIEWED AND APPROVED BY THE FULL BOARD. CONTRIBUTIONS ARE MADE TO ONLY ELIGIBLE ORGANIZATIONS THAT ARE PROVIDING SERVICES OR HELP WITHIN THE COOPERATIVE'S SERVICE AREA. CONTRIBUTIONS MUST BE USED FOR THE ELIGIBLE PURPOSES, IN THE CASE OF THE ORGANIZATIONS LISTED ON SCHEDULE I, THEY ARE PAYMENTS IN LIEU OF TAXES. X 0 0 0 DEAN VOLK OPERATIONS MANAGER 148906 0 0 0 0 0 60892 0 29564 0 239362 0 0 0 JEFF BOYNTON OUTPOST FOREMAN 125459 0 0 0 0 0 63899 0 26727 0 216085 0 0 0 ANDREW SONSALLA SENIOR STAKING TECHNICIAN 134854 0 0 0 0 0 50043 0 27419 0 212316 0 0 0 DUSTIN HOFF WORKING FOREMAN 120580 0 0 0 0 0 21118 0 34714 0 176412 0 0 0 CODY BRAATEN JOURNEYMAN LINE TECHNICIAN 122934 0 0 0 0 0 33087 0 19962 0 175983 0 0 0 INNOVATIVE ENERGY ALLIANCE COOPERATIVE DON F, TRAVIS K AND ALEX C ARE OFFICERS OF BOTH ENTITIES 719692 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 DON FRANKLUND, TRAVIS KUPPER 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 - $60,892 JEFF BOYNTON - $63,899 ANDREW SONSALLA - $50,043 DUSTIN HOFF - $21,118 CODY BRAATEN - $33,087 THE CURRENT YEAR EXPENSE FOR THIS DEFINED BENEFIT PLAN WAS AS FOLLOWS: DEAN VOLK - $36,091 JEFF BOYNTON - $27,513 ANDREW SONSALLA - $27,513 DUSTIN HOFF - $11,233 CODY BRAATEN - $25,959 FORM 990, PART IX, LINE 4: THE AMOUNT OF $3,316,099 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 -2,852,106. ALLOCATED CAPITAL CREDITS 3,316,099. 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. WDUS HOLDINGS LLC 4001 30TH AVE NW MANDAN ND 58554 473324612 PROVIDE CONSTRUCTION SERVICES TO ELECTRIC COOPERATIVES ND UNRELATED -50978 2009540 0 1 0.33330 SLOPE SERVICES INC PO BOX 338 NEW ENGLAND ND 58647 450446958 SUBSIDIARY THAT PROVIDES MEDICAL ALERT PHONE SYSTEMS ND SLOPE ELECTRIC COOPERATIVE INC C 525 24448 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 WDUS HOLDINGS LLC M 761159 ACTUAL COST