2021-11-08T08:06:35-06:00 2020-12-31 450310328 BRADY MARTZ & ASSOCIATES PC PO BOX 1297 BISMARCK ND 585021297 990 2020-01-01 450217360 SLOPE ELECTRIC COOPERATIVE INC SLOP 7015794191 PO BOX 338 NEW ENGLAND ND 58647 ALEX CRAIGMILE CFO 7015794191 2021-10-04 1 ALEX CRAIGMILE 999009999 LANCE RAMBOUSEK P01212867 7012231717 2021-10-04 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ALEX CRAIGMILE PO BOX 338 NEW ENGLAND ND 58647 31650119 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 21 0 108053 85842 0 0 33983105 30256979 551229 263501 1123561 1129639 35657895 31650119 77389 23515 3287381 3199047 1140794 1004434 0 0 0 31152331 27423123 35657895 31650119 0 0 115788050 120979536 44357313 47916758 71430737 73062778 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 1 1 0 0 1 106 0 21 1 1 1 0 0 0 0 0 0 30256979 1393140 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 116 E 12TH STREET E NEW ENGLAND ND 58647 X STEVE WEGNER VICE PRESIDENT 4.23 X X 5050 0 0 JEROME CARON TREASURER 5.09 X X 6600 0 0 DALE HANDE DIRECTOR 5.38 X 8425 0 0 LAUREN KLEWIN PRESIDENT 2.98 X X 8275 0 0 ANTHONY LARSON SECRETARY 4.67 X X 8085 0 0 ANGELA CARLSON DIRECTOR 3.69 X 11325 0 0 CHAROLOTTE MEIER DIRECTOR 4.69 X 8425 0 0 HENRY FISCHER DIRECTOR 9.79 X 11425 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 LAWANNA WILHELM KEY ACCOUNTS EXECUTIVE 40.00 X 227812 0 22842 DEAN VOLK OPERATIONS MANAGER 40.00 X 133808 0 74403 LYNETTE KLEIN EXECUTIVE ASSISTANT 40.00 X 177232 0 21667 DUSTIN HOFF JOURNEYMAN LINEMAN 40.00 X 104347 0 46342 ANDREW SONSALLA JOURNEYMAN LINEMAN 40.00 X 110562 0 62668 JEFF BOYNTON JOURNEYMAN LINEMAN 40.00 X 105680 0 75314 927051 0 303236 13 0 1 0 INNOVATIVE ENERGY ALLIANCE COOPERATIVE PO BOX 338 NEW ENGLAND ND 58647 PROFESSIONAL SERVICES 738934 3C CONSTRUCTION LLC 4001 30TH AVE NW MANDAN ND 58554 CONSTRUCTION SERVICES 600798 EBELTOFT SICKLER LAYWERS 2272 8TH ST W DICKINSON ND 58601 LEGAL SERVICES 135275 3 SALE OF ELECTRICITY 221000 30256979 30256979 30256979 263501 263501 CAPITAL CREDITS 221000 1021496 1021496 K-1 WDUS HOLDINGS, LLC 230000 108053 108053 MISCELLANEOUS REVENUE 900099 90 90 1129639 31650119 31278565 108053 263501 23515 3199047 328170 676264 253357 833865 1889633 COST OF POWER 20463340 DISTRIBUTION - OPERATIO 2466921 DISTRIBUTION - MAINTENA 416914 CONSUMER SERVICE AND IN 313218 785875 31650119 3414762 4356079 23902081 28875184 2433977 2150727 1994797 1656744 2248736 2093725 158455 62740 79466229 21060832 58549881 58405397 22793792 23202918 291569 176022 115788050 120979536 3112176 3288774 25612690 30980906 15632447 13647078 44357313 47916758 X 0 0 0 0 71430737 73062778 71430737 73062778 115788050 120979536 X 0 1632041 X X 0 1 X 1 0 333032 333032 3180688 1937308 1243380 75952509 19123524 56828985 58405397 PATRONAGE CAPITAL CREDITS-ELECTRIC SUPPLIER 20650854 C MEMBERSHIPS 1750 C FEDERATED STOCK 157725 C NRUCFC CERTIFICATES 237743 C INVESTMENT IN SLOPE SERVICES 23423 C PATRONAGE CAPITAL CREDITS-OTHER SUPPLIER 376333 C INVESTMENT IN WDUS HOLDINGS 1700711 C MISCELLANEOUS INVESTMENT 4379 C MAINTENANCE SOLUTIONS COOPERATIVE 50000 C 23202918 DEFERRED CREDITS 13647078 13647078 X PART X, LINE 2: FIN 48 DISCLOSURE - 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 INCOME TAX RETURNS OF THE COOPERATIVE ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. X 0 0 0 LAWANNA WILHELM KEY ACCOUNTS EXECUTIVE 227812 0 0 0 0 0 0 0 22842 0 250654 0 0 0 DEAN VOLK OPERATIONS MANAGER 133808 0 0 0 0 0 46477 0 27926 0 208211 0 0 0 LYNETTE KLEIN EXECUTIVE ASSISTANT 177232 0 0 0 0 0 0 0 21667 0 198899 0 0 0 JEFF BOYNTON JOURNEYMAN LINEMAN 105680 0 0 0 0 0 49760 0 25554 0 180994 0 0 0 ANDREW SONSALLA JOURNEYMAN LINEMAN 110562 0 0 0 0 0 36424 0 26244 0 173230 0 0 0 DUSTIN HOFF JOURNEYMAN LINEMAN 104347 0 0 0 0 0 13545 0 32797 0 150689 0 0 0 INNOVATIVE ENERGY ALLIANCE COOPERATIVE DON F, TRAVIS K AND ALEX C ARE OFFICERS OF BOTH ENTITIES 738934 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: LAWANNA WILHELM - $0 DEAN VOLK - $46,477 LYNETTE KLEIN - $0 JEFF BOYNTON - $49,760 ANDREW SONSALLA - $36,424 DUSTIN HOFF - $13,545 THESE AMOUNTS ARE ESTIMATES IN THE INCREASE OF THE VALUE OF THE PLAN AND ARE NOT CURRENT YEAR EXPENSES OF THE COOPERATIVE. THE CURRENT YEAR EXPENSE FOR THIS DEFINED BENEFIT PLAN WAS AS FOLLOWS: LAWANNA WILHELM - $32,748 DEAN VOLK - $38,170 LYNETTE KLEIN - $22,301 JEFF BOYNTON - $9,735 ANDREW SONSALLA - $9,735 DUSTIN HOFF - $22,876 FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -1,567,006. ALLOCATED CAPITAL CREDITS 3,199,047. 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. FORM 990, PART IX, LINE 4: THE AMOUNT OF $3,199,047 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. WDUS HOLDINGS LLC 4001 30TH AVE NW MANDAN ND 58554 473324612 PROVIDE CONSTRUCTION SERVICES TO ELECTRIC COOPERATIVES ND UNRELATED 62545 2096812 0 0 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 500 23423 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 633821 ACTUAL COST