2019-10-21T10:52:41-05:00 2018-12-31 363163136 LONDON WITTE GROUP LLC 1776 N MERIDIAN ST STE 500 INDIANAPOLIS IN 46202 990 2018-01-01 370442695 NORRIS ELECTRIC COOPERATIVE NORR 6187838765 8543 N STATE HWY 130 NEWTON IL 62448 TAMI PHILLIPS GENERAL MANAGER 6187838765 2019-10-07 1 EARL L RIDLEN P00987829 3176344747 206.53.252.130 2019-10-07 15:28:26 ED P 1916ABF545D740380A84A145B8A3F0C8183717E2 1860A24FF3ABCBF5756A1FCA76B4C543AA089DC6 2018 2020-01-14 16:20:31Z TAMI PHILLIPS 8543 N STATE HWY 130 NEWTON IL 62448 49475412 0 X WWW.NORRISELECTRIC.COM X 1938 IL DISTRIBUTION OF ELECTRICITY TO RURAL MEMBERS OF THE COOPERATIVE 11 11 61 0 63 4381 0 0 46756847 49522363 4697 16566 171599 -208071 46933143 49330858 0 0 0 0 479377 372123 0 0 0 43200208 44767753 43679585 45139876 3253558 4190982 87628235 95011451 18133811 23805749 69494424 71205702 TO PROVIDE ELECTRICITY AND OTHER SERVICES TO ITS MEMBERS. 0 0 45139876 49522363 DISTRIBUTION OF ELECTRICY TO RURAL MEMBERS. 45139876 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 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 54 0 1 61 1 1 1 0 0 0 0 0 0 49184192 187710 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X NORRIS ELECTRIC COOPERATIVE 6187838765 ROUTE 130 SOUTH NEWTON IL 62448 GARY BUSER DIRECTOR 1.26 X 9567 0 0 DEAN DIETRICH SECRETARY/TREASURER 1.92 X 10224 0 0 KURT HOLSCHER DIRECTOR 1.92 X 6480 0 0 GILBERT GARBE DIRECTOR 1.00 X 9042 0 0 THEODORE HELMINK DIRECTOR 0.15 X 7638 0 0 JUSTIN PARCEL VICE PRESIDENT 1.33 X 9701 0 0 GORDON MCCLURE PRESIDENT 1.19 X 6720 0 0 DAN STRINE DIRECTOR 1.21 X 10198 0 0 JOHN DAVID SHEPPARD DIRECTOR 1.04 X 10748 0 0 RON VIEHMAN DIRECTOR 1.24 X 10791 0 0 SCOTT E WEISS DIRECTOR 0.28 X 6144 0 0 TAMI PHILLIPS CEO 45.00 X 165064 0 38050 WILLIAM E FIELDS LINEMAN 50.00 X 123991 0 44252 CASEY M FULK LINEMAN 50.00 X 126260 0 44754 KEITH J LONG LINEMAN 50.00 X 127702 0 33188 DIAN MOORE LINEMAN 50.00 X 140835 0 41734 DOUG CASEY LINEMAN 50.00 X 123775 0 32771 904880 0 234749 25 0 1 0 ASPLUNDH 708 BLAIR MILL ROAD WILLOW GROVE PA 19090 TREE TRIMMING 1602114 BLUE CROSS BLUE SHIELD 300 EAST RANDOLPH STREET CHICAGO IL 606015099 INSURANCE 1438655 HENKELS & MCCOY INC 1620 NORTH BROADWAY SALEM IL 62881 UTILITY CONSTRUCTION 1393864 ANIXTER INC 1100 OLD STATE ROAD E MATTION IL 61938 UTILITY CONSTRUCTION 803622 BROWNSTOWN ELECTRIC 3300 OFFICE PARK DR BROWNSTOWN IN 47220 UTILITY CONSTRUCTION 685646 5 SMALL SINGLE PHASE 221000 28090487 28090487 COMMERCIAL & INDUSTRIAL SALES 221000 15155451 15155451 RESIDENTIAL A-D 221000 3258712 3258712 SMALL ELECTRIC HEAT-AE 221000 1915025 1915025 ALL OTHER 221000 438921 438921 663767 663767 49522363 32924 32924 111271 16925 115065 29489 -3794 -12564 -16358 -3794 -12564 PATRONAGE REVENUE 900099 69654 69654 POLE RENTAL 532000 20263 20263 UNRELATED 221000 3857 3857 -301845 -301845 -208071 49330858 49522363 63 -191568 X 117785 254338 55768 16750 364978 4104659 PURCHASED POWER 31298349 MAINTENANCE 4049848 ADMINISTRATIVE EXPENSE 2444111 OPERATIONS 1350680 1082610 45139876 3078744 3679787 4024176 4144984 1881761 2047296 123473 128081 123389021 41012635 76651996 82376386 1868085 2634917 87628235 95011451 16128937 16310772 83133 72849 1921741 7422128 18133811 23805749 X 0 0 541650 541650 68952774 70664052 69494424 71205702 87628235 95011451 X 4190982 -2479704 X X 0 1 X 1 0 346720 346720 2153102 894582 1258520 120889199 40118053 80771146 82376386 CUSTOMER ADVANCES 7422128 7422128 X 49330858 0 49330858 0 49330858 45139876 0 45139876 0 45139876 PART X, LINE 2: THE REMC BELIEVES IT IS TAKING NO UNCERTAIN TAX POSITIONS. FORM 990, PART XI, LINE 9 TOTAL ADJUSTMENTS TO NET ASSETS INCLUDES AMOUNTS THAT ARE PART OF RETAINED EARNINGS IN THE CURRENT YEAR. THE TOTAL IS MADE UP OF COMPREHENSIVE INCOME OF - $148,893, PATRONAGE PAID TO MEMBERS OF -$1,531,936 AND CHANGE IN MEMBERSHIPS IN THE AMOUNT OF - $2,655. SEE SCHEDULE O FOR MORE DETAILS ON THESE EQUITY TRANSACTIONS. 1 PART I, LINE 2: COOP MAINTAINS SEPARATE ACCOUNTS ON THE GENERAL LEDGER FOR GRANT EXPENSE AND REVENUE 1 X X 0 0 0 TAMI PHILLIPS CEO 165064 0 0 0 0 0 0 0 38050 0 203114 0 0 0 WILLIAM E FIELDS LINEMAN 123991 0 0 0 0 0 0 0 44252 0 168243 0 0 0 CASEY M FULK LINEMAN 126260 0 0 0 0 0 0 0 44754 0 171014 0 0 0 KEITH J LONG LINEMAN 127702 0 0 0 0 0 0 0 33188 0 160890 0 0 0 DIAN MOORE LINEMAN 140835 0 0 0 0 0 0 0 41734 0 182569 0 0 0 DOUG CASEY LINEMAN 123775 0 0 0 0 0 0 0 32771 0 156546 0 0 0 TAMI PHILLIPS BOARD MEMBER 170720 TAMI IS ON THE BOARD FOR UNITED UTILITY SUPPLY. 170,719 WAS PAID OUT IN 2018 FOR TRANSFORMERS, WIRE, AND MISC. MATERIAL. 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF NORRIS ELECTRIC COOPERATIVE ALSO RECEIVE SERVICES FROM THE COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE COOPERATIVE ELECT THE MEMBERS OF THE BOARD ANNUALLY. BOARD MEMBERS HAVE STAGGERED TERMS AND ARE RE-ELECTED OVER A THREE YEAR CYCLE. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS TO BE MADE BY THE BOARD OF DIRECTORS MUST BE APPROVED BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF THE ORGANIZATION REVIEWS ALL BUSINESS MATTERS PRIOR TO FINAL SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THIS IS DISCUSSED AT EACH BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE ENTIRE BOARD USED A COMPENSATION STUDY OF OTHER MANAGER'S AND THE SIZE OF THEIR CO-OP. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE BY MAIL TO THE PUBLIC. THE CONFLICT OF INTEREST POLICY IS AVAILABLE BY REQUEST, AND FINANCIAL STATEMENTS ARE AVAILABLE ONLINE AND AT THE ANNUAL MEETING. FORM 990. PART IX, LINE 4 THE COOPERATIVE HAS SHOWN PATRONAGE RETIREMENTS PAID TO ITS MEMBERS IN THE OTHER CHANGES IN EQUITY SECTION OF THIS RETURN (SCHEDULE D, PART XI, LINE 8). THIS PRESENTATION IS CONSISTENT WITH THE PRESENTATION IN PRIOR RETURNS AS WELL AS WITH PROPER ACCOUNTING PROCEDURES FOR EQUITY TRANSACTIONS. THE COOPERATIVE HAS NOT SHOWN ANY AMOUNT OF PATRONAGE RETIREMENTS ON FORM 990, LINE 4 OF SECTION IX (STATEMENT OF FUNCTIONAL EXPENSES). THE REASON THAT LINE 4 OF SECTION IX DOES NOT INCLUDE ANY RETIREMENTS FROM PATRONAGE IS DUE TO THE FACT THAT NONE OF THE AMOUNTS THAT WERE RETIRED FROM THE PATRONAGE OF THE COOPERATIVE WERE OPERATING EXPENDITURES, BUT RATHER WERE MERELY A RETURN OF THE COOPERATIVES EQUITY. THE PRESENTATION SHOWN BY THE COOPERATIVE WAS DONE IN ORDER TO ADEQUATELY SUPPLY ALL NECESSARY INFORMATION TO THE SERVICE AS WELL AS ACCURATELY DISCLOSE THE ACTIVITY OF THE COOPERATIVE FOR THE YEAR. FORM 990, PART XI, LINE 9: PATRONAGE PAID TO MEMBERS -2,601,332. OTHER COMPREHENSIVE INCOME 122,691. CHANGE IN MEMBERSHIPS -3,770. FEDERALE ESTIMATED PAYMENTS 2,707. FORM 990, PART XIII, LINE 2C THERE HAS BEEN NO CHANGE FROM PRIOR YEAR.