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      <ContractorCompensationGrp>
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            <AddressLine1Txt>420 ROTH ST SUITE B</AddressLine1Txt>
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        <ServicesDesc>RIGHT OF WAY</ServicesDesc>
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      <CostOfGoodsSoldAmt>22620</CostOfGoodsSoldAmt>
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        <TotalRevenueColumnAmt>7019</TotalRevenueColumnAmt>
        <ExclusionAmt>7019</ExclusionAmt>
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        <TotalRevenueColumnAmt>129052</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>129052</RelatedOrExemptFuncIncomeAmt>
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      <OtherRevenueMiscGrp>
        <Desc>STREET LIGHTS</Desc>
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        <ExclusionAmt>46753</ExclusionAmt>
      </OtherRevenueMiscGrp>
      <OtherRevenueMiscGrp>
        <Desc>MISCELLANEOUS</Desc>
        <TotalRevenueColumnAmt>12373</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>12373</RelatedOrExemptFuncIncomeAmt>
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      <OtherRevenueTotalAmt>188178</OtherRevenueTotalAmt>
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        <TotalRevenueColumnAmt>47944212</TotalRevenueColumnAmt>
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        <EOYAmt>60282209</EOYAmt>
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      <UnsecuredNotesLoansPayableGrp>
        <EOYAmt>2500000</EOYAmt>
      </UnsecuredNotesLoansPayableGrp>
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        <BOYAmt>29244</BOYAmt>
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      <TotalLiabilitiesGrp>
        <BOYAmt>57564991</BOYAmt>
        <EOYAmt>69264920</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrgDoesNotFollowSFAS117Ind>X</OrgDoesNotFollowSFAS117Ind>
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        <BOYAmt>276930</BOYAmt>
        <EOYAmt>285265</EOYAmt>
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        <BOYAmt>53001585</BOYAmt>
        <EOYAmt>53682039</EOYAmt>
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      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>53278515</BOYAmt>
        <EOYAmt>53967304</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>110843506</BOYAmt>
        <EOYAmt>123232224</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <InfoInScheduleOPartXIInd>X</InfoInScheduleOPartXIInd>
      <ReconcilationRevenueExpnssAmt>164573</ReconcilationRevenueExpnssAmt>
      <OtherChangesInNetAssetsAmt>524216</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
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    <IRS990ScheduleD documentId="RetDoc2">
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        <OtherCostOrOtherBasisAmt>1021015</OtherCostOrOtherBasisAmt>
        <BookValueAmt>1021015</BookValueAmt>
      </LandGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>142805760</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>66672250</DepreciationAmt>
        <BookValueAmt>76133510</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>77154525</TotalBookValueLandBuildingsAmt>
      <TotalRevEtcAuditedFinclStmtAmt>47963604</TotalRevEtcAuditedFinclStmtAmt>
      <OtherRevenueAmt>19392</OtherRevenueAmt>
      <RevenueNotReportedAmt>19392</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>47944212</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>47944212</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>45396594</TotExpnsEtcAuditedFinclStmtAmt>
      <OtherExpensesIncludedAmt>19392</OtherExpensesIncludedAmt>
      <ExpensesNotReportedAmt>19392</ExpensesNotReportedAmt>
      <ExpensesSubtotalAmt>45377202</ExpensesSubtotalAmt>
      <OtherExpensesNotIncludedAmt>2402437</OtherExpensesNotIncludedAmt>
      <ExpensesNotRptFinclStmtAmt>2402437</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>47779639</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XI, LINE 2D</FormAndLineReferenceDesc>
        <ExplanationTxt>REVENUE NETTED AGAINST EXPENSES ON THE FINANCIAL STATEMENT 19,392</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XII, LINE 2D</FormAndLineReferenceDesc>
        <ExplanationTxt>REVENUE NETTED AGAINST EXPENSES ON THE FINANCIAL STATEMENT 19,392</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XII, LINE 4B</FormAndLineReferenceDesc>
        <ExplanationTxt>PATRONAGE CAPITAL PAYMENTS TO MEMBERS 2,402,437</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleI documentId="RetDoc3">
      <GrantRecordsMaintainedInd>false</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>PIE&amp;G COMMUNITIES FIRST FUND</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO BOX 308</AddressLine1Txt>
          <CityNm>ONAWAY</CityNm>
          <StateAbbreviationCd>MI</StateAbbreviationCd>
          <ZIPCd>49765</ZIPCd>
        </USAddress>
        <RecipientEIN>383375631</RecipientEIN>
        <IRCSectionDesc>501C3</IRCSectionDesc>
        <CashGrantAmt>1345</CashGrantAmt>
        <NonCashAssistanceAmt>8983</NonCashAssistanceAmt>
        <ValuationMethodUsedDesc>COST</ValuationMethodUsedDesc>
        <NonCashAssistanceDesc>SERVICES</NonCashAssistanceDesc>
        <PurposeOfGrantTxt>OPERATIONS</PurposeOfGrantTxt>
      </RecipientTable>
      <Total501c3OrgCnt>1</Total501c3OrgCnt>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="RetDoc4">
      <CompensationSurveyInd>X</CompensationSurveyInd>
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
      <SeverancePaymentInd>false</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>false</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>false</EquityBasedCompArrngmInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>THOMAS J SOBECK</PersonNm>
        <TitleTxt>CEO</TitleTxt>
        <BaseCompensationFilingOrgAmt>174680</BaseCompensationFilingOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>46876</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>221556</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>RANDY MCLEAN</PersonNm>
        <TitleTxt>FOREMAN</TitleTxt>
        <BaseCompensationFilingOrgAmt>139958</BaseCompensationFilingOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>27280</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>167238</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>RANDY KREFT</PersonNm>
        <TitleTxt>LINEWORKER</TitleTxt>
        <BaseCompensationFilingOrgAmt>131190</BaseCompensationFilingOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>27303</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>158493</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>DEAN ESTEP</PersonNm>
        <TitleTxt>LINEWORKER</TitleTxt>
        <BaseCompensationFilingOrgAmt>128542</BaseCompensationFilingOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>31626</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>160168</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>MARK POMRANKE</PersonNm>
        <TitleTxt>FOREMAN</TitleTxt>
        <BaseCompensationFilingOrgAmt>127892</BaseCompensationFilingOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>31821</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>159713</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>KENNISTON BUTLER</PersonNm>
        <TitleTxt>LINEWORKER</TitleTxt>
        <BaseCompensationFilingOrgAmt>127496</BaseCompensationFilingOrgAmt>
        <NontaxableBenefitsFilingOrgAmt>31484</NontaxableBenefitsFilingOrgAmt>
        <TotalCompensationFilingOrgAmt>158980</TotalCompensationFilingOrgAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
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    <IRS990ScheduleO documentId="RetDoc5">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CO-OP IS OWNED BY ITS MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MEMBERS OF THE COOPERATIVE ELECT THE GOVERNING BOARD.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 7B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD DOES NOT NEED THE APPROVAL OF THE GENERAL MEMEMBERSHIP ON DECISIONS VOTED ON AT MONTHLY BOARD MEETINGS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>REVIEWED BY THE CEO, CFO AND BOARD BEFORE FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>BOARD REVIEWS POLICY AND ANNUALLY DISCLOSES ANY POTENTIAL CONFLICTS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD REVIEWS AN EVALUATION OF THE CEO, USING THE NRECA NATIONAL COMPENSATION SURVEY AS A COMPARABLE GUIDE, THE BOARD WILL SET THE CEO'S COMPENSATION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CFO'S SALARY IS DETERMINED BY THE CEO WHO THEN PRESENTS IT TO THE BOARD FOR APPROVAL.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>MANY DOCUMENTS POSTED ON THE COOPERATIVE WEBSITE, OTHERS ARE AVAILABLE BY WRITTEN REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9</FormAndLineReferenceDesc>
        <ExplanationTxt>SALES TAX REFUND TO BE ASSIGNED 0 MEMBERSHIP FEES 8,335 OTHER 515,881 AMORTIZE OTHER COMPREHENSIVE LOSS 0 REPAYMENT OF PRIOR PATRONAGE 0 PRIOR PERIOD ADJUSTMENT 0 AMORTIZE OTHER COMPREHENSIVE LOSS 0 WPC ADJUSTMENT 0 TOTAL 524,216</ExplanationTxt>
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    </IRS990ScheduleO>
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        <DisregardedEntityName>
          <BusinessNameLine1Txt>PIEG COMMUNITIES FIRST FUND</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>PO BOX 308</AddressLine1Txt>
          <CityNm>ONAWAY</CityNm>
          <StateAbbreviationCd>MI</StateAbbreviationCd>
          <ZIPCd>49765</ZIPCd>
        </USAddress>
        <EIN>383375631</EIN>
        <PrimaryActivitiesTxt>CHARITABLE</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MI</LegalDomicileStateCd>
        <ExemptCodeSectionTxt>501C3</ExemptCodeSectionTxt>
        <PublicCharityStatusTxt>7</PublicCharityStatusTxt>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <ControlledOrganizationInd>false</ControlledOrganizationInd>
      </IdRelatedTaxExemptOrgGrp>
      <ReceiptOfIntAnntsRntsRyltsInd>false</ReceiptOfIntAnntsRntsRyltsInd>
      <GiftGrntOrCapContriToOthOrgInd>false</GiftGrntOrCapContriToOthOrgInd>
      <GiftGrntCapContriFromOthOrgInd>false</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>false</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>false</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>false</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>false</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>false</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>false</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>false</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>false</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>true</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>false</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>true</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>true</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>true</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>false</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>false</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>false</TransferFromOtherOrgInd>
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  </ReturnData>
</Return>