2022-07-21T14:29:32-07:00 2021-12-31 990 2021-01-01 840248168 LA PLATA ELECTRIC ASSOCIATION INC LAPL 9703823575 PO Box 2750 Durango CO 813022750 Jessica Matlock Chief Executive Officer 9703823576 2022-07-21 1 11 0 AAL2 2021 2022-09-23 18:48:47Z Jessica Matlock PO Box 2750 Durango CO 81302 109753198 0 X www.lpea.coop X 1939 CO To provide our members with safe, reliable electricity at the lowest reasonable cost while being environmentally responsible. 12 12 124 0 61483 0 0 0 105188369 106943976 248305 159606 4721451 2547344 110158125 109650926 279540 229639 0 0 0 0 0 0 0 102036418 102185230 102315958 102414869 7842167 7236057 289318898 287521885 141413826 135949729 147905072 151572156 To provide our members with safe, reliable electricity at the lowest reasonable cost while being environmentally responsible. 0 0 102414869 0 109650926 LPEA is an electric distribution system; as of December 31, 2021, LPEA had 47,757 services in place and 3,758 miles of line. 0 0 0 102414869 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 69 0 0 124 1 0 0 0 0 0 106160125 3490801 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X Monica Rodriguez 9703823575 PO Box 2750 Durango CO 813022750 Jessica Matlock Chief Executive Officer 60 5 X 370883 0 65383 Dan Harms Vice President of Grid Solutions 50 0 X 207684 0 63326 Karl Ramsey Vice President of Finance 50 0 X 200868 0 56861 Graham Smith Staff Attorney 50 0 X 208317 0 48128 Hillary Knox Vice President of Communications 50 0 X 189842 0 33033 Drew Timmerman Vice President of Information Technology 50 0 X 160157 0 62695 Clinton Peak Foreman 40 0 X 142638 0 60755 Michael Messier Foreman 40 0 X 163451 0 39414 John Keating Foreman 40 0 X 142988 0 58315 Jerry Sutherlin Vice President of Operations 50 0 X 153480 0 42639 Rachel Killinen Dispatcher 40 0 X 151719 0 43470 Aaron Renner Dispatcher 40 0 X 150117 0 37172 Garrett Hammer District Manager - Pagosa Springs 50 0 X 122598 0 56135 Kohler McInnis Director 16 16 X 15731 18000 0 Holly Metzler Director 9 0 X 19242 0 0 Kirsten Skeehan Director 9 0 X 18799 0 0 John Lee Director 7 0 X 17662 0 0 Tim Wheeler Board Vice President 7 0 X 17625 0 0 Joe Lewandowski Director 5 0 X 16600 0 0 Bob Lynch Treasurer 5 0 X 16109 0 0 Rachel Landis Director 5 0 X 16100 0 0 Sue McWilliams Director 9 0 X 15361 0 0 Daniel K Huntington Secretary 7 0 X 15302 0 0 John Witchel Board President 7 0 X 14975 0 0 Ted Compton Director 5 0 X 8825 0 0 Britt Bassett Director 8 0 X 7950 0 0 2565023 18000 667326 43 0 1 0 Ward Electric Company Inc 3690 Stagecoach Rd Longmont CO 80504 Construction Services 2333476 Forestry Specialists 4285 County Road 141 Durango CO 81303 Tree Trimming Services 957330 Reliable Power Consultants 1001 A East Harmony Road 143 Fort Collins CO 80525 Consulting Services 497969 DB TECHNOLOGIES INC PO Box 280 Bloomfield NM 87413 Construction/Fiber Services 473510 CRAIG R KEMPLE 316 CR 130 HESPERUS CO 81326 Construction Services 348750 12 0 Electric Energy Revenue & Gross Sales 221122 106160125 106160125 0 0 Miscellaneous Revenue 221000 783851 783851 0 0 0 0 0 0 106943976 97436 0 0 97436 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 62170 0 0 0 62170 62170 0 62170 0 0 0 0 0 0 0 0 0 0 0 0 0 101585 102272 -687 0 -687 0 G&T and other capital credits 221000 1931934 1931934 0 0 Other Revenue 221000 34646 34646 0 0 Gain/Loss from Subsidiary 900003 581451 581451 0 0 0 0 0 0 2548031 109650926 109492007 61483 97436 X 129639 129639 100000 100000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 285639 285639 0 0 62660 62660 0 0 0 0 0 0 0 0 0 0 0 0 176145 176145 0 0 71789 71789 0 0 303298 303298 0 0 1105672 1105672 0 0 0 0 0 0 0 0 0 0 69098 69098 0 0 0 0 0 0 191033 191033 0 0 4159142 4159142 0 0 0 0 0 0 9665076 9665076 0 0 318164 318164 0 0 Cost of power and goods of service 66350033 66350033 0 0 Transmission & Distribution 7124310 7124310 0 0 Maintenance of distribution plant 3070803 3070803 0 0 G&A and other customer expneses 8895145 8895145 0 0 337223 337223 0 0 102414869 102414869 0 0 10386770 11089425 2003015 4001980 0 0 11851345 11907531 0 0 0 0 0 0 1687298 1772136 591892 581039 314153834 148281603 168056288 165872231 0 0 89304273 87132295 0 0 0 0 5438017 5165248 289318898 287521885 7482025 6995149 0 0 11041521 11137861 0 0 0 0 0 0 116723523 111266324 0 0 6166757 6550395 141413826 135949729 X 0 0 0 0 147905072 151572156 147905072 151572156 289318898 287521885 X 7236057 0 0 0 0 -3568973 X 1 X 1 X 1 0 0 3808284 3808284 0 8662665 5211902 3450763 0 12102 2290 9812 0 14439742 11153364 3286378 0 287231041 131914047 155316994 165872231 0 C 0 C Investment in Subsidiary Company 8571269 C Investment in Associated Organizations - Patronage Capital 76858944 C Investment in Associated Organizations - Other - Nongeneral Funds 1693449 C Other Investments 8633 C 87132295 0 Consumer Deposits 875695 Accrued Taxes 1571163 Accrued Expenses 4103537 6550395 109650926 0 0 0 0 0 109650926 0 0 0 109650926 102414869 0 0 0 0 0 102414869 0 0 0 102414869 1 Community Foundation serving Southwest Colorado 1309 E 3rd Ave Suite 20A Durango CO 81301 841474900 50000 0 Cost CONTINUED COVID-19 RELIEF 2021 CERF 1 0 Scholarships 14 100000 0 Cost N/A Schedule I, Part I, Line 2 Donations and grants are awarded through initial review of the LPEA Round Up Foundation Board. A second level of review and approval is performed by the LPEA Board. Records are maintained through Board minutes and electronic accounting records. X 1 1 X X 0 0 0 Jessica Matlock Chief Executive Officer 348743 0 22140 0 6733 0 31901 0 26749 0 436266 0 0 0 Karl Ramsey Vice President of Finance 186376 0 14492 0 6733 0 21429 0 28699 0 257729 0 0 0 Graham Smith Inside Legal Council 193824 0 14492 0 5351 0 21871 0 20907 0 256445 0 0 0 Dan Harms Vice President of Grid Solutions 193192 0 14492 0 14506 0 21374 0 27446 0 271010 0 0 0 Hillary Knox Vice President of Communications 182595 0 7247 0 2713 0 20298 0 10022 0 222875 0 0 0 Drew Timmerman VP of Information Technology 152732 0 7425 0 16403 0 17137 0 29155 0 222852 0 0 0 Jerry Sutherlin Manager of Operations 142620 0 10860 0 5192 0 16284 0 21163 0 196119 0 0 0 Garrett Hammer VP to Pagosa District 111451 0 11146 0 13735 0 13245 0 29156 0 178733 0 0 0 Michael Messier Foreman 163451 0 0 0 5441 0 11907 0 22066 0 202865 0 0 0 Rachel Killinen Dispatcher 151719 0 0 0 6422 0 9083 0 27965 0 195189 0 0 0 Aaron Renner Dispatcher 150117 0 0 0 5416 0 9083 0 22673 0 187289 0 0 0 John Keating Foreman 142988 0 0 0 19108 0 11909 0 27299 0 201304 0 0 0 Clinton Peak Foreman 142638 0 0 0 22810 0 11847 0 26099 0 203394 0 0 0 Schedule J, Part I, Line 1a As a benefit to all employees, LPEA will pay a portion of health club dues. Schedule J, Part I, Line 3 LPEA obtains salary compensation reports developed by an independent third party from data gathered from cooperatives with similar demographics nation-wide. All compensation changes are reviewed and approved by the Executive committee; the Board of Directors gives final approval. Annual contracts are signed, and documentation of the discussions is noted in the Board of Director minutes. Form 990, Part VI, Section A, Line 6 LPEA is a member-owned cooperative Form 990, Part VI, Section A, Line 7a All directors on the Board are elected by a majority vote of the cooperative's member-owners, by district. Form 990, Part VI, Section A, Line 7b Bylaw changes and major decisions are subject to a majority vote of the cooperative's member-owners. Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by LPEA officers, Directors Finance & Audit Committee and key staff before being finalized and submitted. Form 990, Part VI, Section B, Line 12c LPEA Board of Directors, officers and key staff disclose any conflict of interest. All employees notify their supervisor of any potential conflicts of interest. Form 990, Part VI, Section B, Line 15 LPEA obtains salary compensation reports developed by an independent third party from data gathered from cooperatives with similar demographics nation-wide. All compensation changes are reviewed and approved by the Officers and Key Staff. Annual contracts are signed, and documentation of the discussion is noted in the Board of Director minutes. This process is performed for all non-bargaining unit employees. This process is performed annually. Form 990, Part VI, Section C, Line 19 Certain documents are available on the LPEA website or LPEA SmartHub application. If not available on those sites, documents are available upon request. Form 990, Part IX, Line 11g Outside Contractors Form 990, Part XI, Line 9 2021 allocated margin returned to members FastTrack Communications 779 Tech Center Drive Unit 200 Durango CO 81301 841610295 Telecommunications for Business CO N/A C 0.7625 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 0 FastTrack Communications k 19476 Cost