2019-08-26T14:37:51-07:00 2018-12-31 911900424 DECORIA MAICHEL AND TEAGUE PS 7307 N DIVISION ST Ste 222 SPOKANE WA 992086545 990 2018-01-01 810228361 Lincoln Electric Cooperative Inc LINC 4062962511 PO Box 628 Eureka MT 59917 Mike Workman President 2019-06-17 true Brandon J Blair P01966667 5093282400 2018 2019-02-21 02:37:17Z V Ray Ellis PO Box 628 Eureka MT 59917 11425204 false false X www.lincolnelectric.coop X 1948 MT Lincoln Electric Cooperative, Inc. is an electric distribution cooperative established to provide electrical power and services to over 4,600 members located in portions of Lincoln and Flathead counties of Montana. 10 10 25 103744 0 10836426 11159593 20159 139593 234186 126018 11090771 11425204 0 473313 483090 754345 2769256 0 0 9744858 7855384 10972516 11107730 118255 317474 27635516 28504572 18252828 18804410 9382688 9700162 Rural electric cooperative established to provide electrical power and services to its members located in portions of Lincoln and Flathead counties of Montana. false false Cooperative resources and activities are related to providing distribution of electrical power and services to approximately 4,600 members located in portions of Lincoln and Flathead counties of Montana. false false false false false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false false false false true true true false true 24 0 true 25 true true true false false false false false false false 12165460 184346 false false false false false X 10 10 false false false false true true true true true false false true true true true true true true true false X Michelle Wilbur 4068893301 500 Osloski Road Eureka MT 59917 Mike Workman President 1.69 0.00 X X 3200 0 0 Wesley Loughman Vice President 3.94 0.00 X X 3350 0 0 Courtney Pluid Secretary 2.43 0.00 X X 1900 0 0 Ethel White Trustee 4.80 0.00 X 4800 0 0 Myra Appel Trustee 2.03 0.00 X 2500 0 0 Tina Taurman Trustee 7.23 0.00 X 7250 0 0 Joel Graves Trustee 2.25 0.00 X 3050 0 0 Marianne Roose Trustee 8.00 0.00 X 8350 0 0 Becky Evins Trustee 5.18 0.00 X 4500 0 0 Troy Truman Trustee 2.17 0.00 X 3100 0 0 V Ray Ellis General Manager 40.00 0.00 X 178180 0 67714 Wayne Wetherelt Mgr of Finance 40.00 0.00 X 95085 0 21901 Michelle Wilbur Mgr of Finance 40.00 0.00 X 62142 0 24009 Stanley Williams 40.00 0.00 X 108638 0 49862 Mark Stark Engineering Mgr 40.00 0.00 X 115191 0 51835 Luke Miller Foreman 40.00 0.00 X 111161 0 34549 Edward Sutherland Lineman 40.00 0.00 X 109643 0 34517 822040 284387 5 false true false Persson Tree Services PO Box 1359 Eureka MT 59917 Tree trimming 173526 1 0 Electricity sales 221000 11110278 11110278 Other electric revenue 221000 49315 49315 11159593 139593 118541 21052 0 0 3450 3450 3450 3450 0 0 0 0 Income from subsidiary 453000 103744 103744 Other non-operating 221000 18824 18824 122568 11425204 11296958 103744 24502 X 0 0 0 483090 491031 0 1515564 376123 246914 139624 0 7422 13500 0 0 0 0 1108 183528 33586 0 0 116154 0 120089 634348 0 863637 0 Cost of power 5181303 Distribution - operations 1349761 Other admin and general 725272 Distribution - maintenance 563837 -1938161 11107730 0 0 0 608613 626363 116610 26399 0 1324890 1129727 0 0 268021 1825241 1471834 1299901 1015099 939420 32681933 12585649 20447585 20096284 0 1060582 1164325 1322282 1396912 0 0 27635516 28504572 1316957 1244523 146876 144330 16601122 15834547 125000 1500000 62873 81010 18252828 18804410 X 425802 528193 8956886 9171969 9382688 9700162 27635516 28504572 317474 X false true X true false 625338 625338 1514901 1514901 2970562 2970562 27571132 12585649 14985483 20096284 Patronage capital credits 753538 C Memberships 15928 C Capital term certificates 627446 C Consumer deposits 81010 81010 X 11413804 11413804 11400 11400 11425204 10613240 10613240 494490 494490 11107730 Part X : FIN48 Footnote The Cooperative has not identified any uncertain income tax positions that would jeopardize its tax-exempt status. The Cooperatives tax returns are subject to review and examination by federal authorities. With few exceptions, the tax returns essentially remain open for possible examination for a period of three years after the respective filing deadlines of those returns. Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S Subsidiary income tax provision $11400 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Patronage capital credit retirements $483090 Subsidiary income tax provision $11400 X X false false false Mark Stark Engineering Mgr 110667 1527 2997 32153 19682 167026 Stanley Williams 104336 1551 2751 30314 19548 158500 V Ray Ellis General Manager 161718 8613 7849 46986 20728 245894 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Members are businesses and individuals which receive electric service from the Cooperative. There are approximately 4,600 members. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Each member of the Cooperative is entitled to vote in the election of the Board of Directors, which serve three year terms. Elections are held every year at the annual meeting held in March. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders All bylaw changes recommended by the Board of Directors are approved and ratified by the majority of quorum membership at the Cooperative's annual meeting. Form 990, Part VI, Line 11b: Form 990 Review Process After the Form 990 has been prepared by the independent accountants, the General Manager and staff review the form for accuracy and completeness. After the General Manager has approved the Form 990, it is submitted to the Board for their review and approval prior to its filing. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts All trustees must disclose to the Board of Directors any situation or transaction in which the trustee is involved which violates, or could appear to violate the intent of the conflict of interest policy. The Board will then determine what action, if any, should be taken. Each trustee is responsible for ensuring that his or her actions and behavior are in accordance with this policy. The Board President shall be responsible for ensuring that all trustees adhere to this policy; however, any trustee may bring to the attention of the Board any perceived violation of the conflict of interest policy. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Montana Electric Cooperative Association (MECA) and the National Rural Electric Cooperative Association (NRECA) performs an annual salary survey by job classification. The Board of Directors use these surveys to determine the salary guidelines for the General Manager Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Montana Electric Cooperative Association (MECA) and the National Rural Electric Cooperative Association (NRECA) performs an annual salary survey by job classification. The General Manager uses these surveys and the employment cost index to determine the range of salaries for exempt, non-union positions. The Cooperative's other employee salaries are established by a signed collectively bargained union contract. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available All governing documents, policies and financial reports (including the Form 7 and Form 990) are available upon request at the Cooperative's headquarters office. In addition, each new member is provided with a copy of the Cooperative's bylaws. Also, the Statement of Financial Condition is sent out yearly to all members prior to the annual meeting held in March of each year. Form 990, Part IX, Line 4 - Explanation of Benefits Paid to Members The Cooperative has interpreted the instructions for Part IX, Line 4 of the Form 990, regarding patronage dividends paid, to include the total amount of capital credits paid to members during the tax year. N/A false Rural Propane Services LLC 1174 Highway 93 N Eureka MT 59917 465371638 Sale of propane and propane services MT Lincoln Electric Coo Propane sales 2203389 2853076 false true 1.00000 false false false true false false false false false false false false false false false false true false false d 1469595 Cost q 24000 Direct costs