LINCOLN ELECTRIC COOPERATIVE INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: LINCOLN ELECTRIC COOPERATIVE INC (EIN 81-0228361)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-05-14
IRS object ID: 201801349349308630
Schema version: 2017v2.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-05-14T15:59:45-05:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	810386935	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	SUMMERS MCNEA & CO PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	80 25TH STREET WEST	AddressLine1Txt
City	BILLINGS	CityNm
State Abbreviation	MT	StateAbbreviationCd
ZIP	591024662	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	810228361	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LINCOLN ELECTRIC COOPERATIVE INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LINC	BusinessNameControlTxt
Phone	4062962511	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 628	AddressLine1Txt
City	EUREKA	CityNm
State Abbreviation	MT	StateAbbreviationCd
ZIP	599170000	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MIKE WORKMAN	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	4068893301	PhoneNum
Signature	2018-05-07	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BRIAN F VAN STEELAND	PreparerPersonNm
PTIN	P00481262	PTIN
Phone	4066522320	PhoneNum
Preparation	2018-05-01	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	69.144.166.106	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2018-05-07	IPDt
IP Tm	14:13:20	IPTm
IP Timezone	MD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	6DA3F970829FF7912B9D03EDCF1BB9EDA804D97E	AtSubmissionCreationDeviceId
At Submission Filing Device Id	6DA3F970829FF7912B9D03EDCF1BB9EDA804D97E	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	V RAY ELLIS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	500 OSLOSKI ROAD	AddressLine1Txt
City	EUREKA	CityNm
State Abbreviation	MT	StateAbbreviationCd
ZIP	59917	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$11,090,771	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	LINCOLNELECTRIC.COOP	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1948	FormationYr
Legal Domicile State	MT	LegalDomicileStateCd
Activity Or Mission	LINCOLN ELECTRIC COOPERATIVE, INC. OPERATES AS AN ELECTRICAL UTILITY ON A NON-PROFIT COOPERATIVE BASIS BY PROVIDING ELECTRICAL POWER AND UTILITY SERVICES TO ITS MEMBERS LOCATED IN THE NORTHWESTERN PORTION OF MONTANA IN ACCORDANCE WITH IRS SECTION 501 (C)(12).	ActivityOrMissionDesc
Voting Members Governing Body	10	VotingMembersGoverningBodyCnt
Voting Members Independent	10	VotingMembersIndependentCnt
Total Employee	24	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$104,389	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$9,868,331	PYProgramServiceRevenueAmt
CY Program Service Revenue	$10,836,426	CYProgramServiceRevenueAmt
PY Investment Income	$19,682	PYInvestmentIncomeAmt
CY Investment Income	$20,159	CYInvestmentIncomeAmt
PY Other Revenue	$78,602	PYOtherRevenueAmt
CY Other Revenue	$234,186	CYOtherRevenueAmt
PY Total Revenue	$9,966,615	PYTotalRevenueAmt
CY Total Revenue	$11,090,771	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$445,975	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$473,313	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$697,089	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$754,345	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$8,657,706	PYOtherExpensesAmt
CY Other Expenses	$9,744,858	CYOtherExpensesAmt
PY Total Expenses	$9,800,770	PYTotalExpensesAmt
CY Total Expenses	$10,972,516	CYTotalExpensesAmt
PY Revenues Less Expenses	$165,845	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$118,255	CYRevenuesLessExpensesAmt
Total Assets BOY	$28,136,013	TotalAssetsBOYAmt
Total Assets EOY	$27,635,516	TotalAssetsEOYAmt
Total Liabilities BOY	$18,871,580	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$18,252,828	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$9,264,433	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$9,382,688	NetAssetsOrFundBalancesEOYAmt
Mission	RURAL ELECTRIC COOPERATIVE ESTABLISHED TO PROVIDE ELECTRIAL POWER AND SERVICES TO ITS MEMBERS LOCATED IN THE NORTHWESTERN PORTION OF MONTANA.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$9,606,855	ExpenseAmt
Desc	COOPERATIVE RESOURCES AND ACTIVITIES ARE RELATED TO PROVIDING TRANSMISSION AND DISTRIBUTION ELECTRICAL POWER AND SERVICES TO APPROXIMATELY 4,562 MEMBERS LOCATED IN THE NORTHWESTERN PORTION OF MONTANA.	Desc
Total Program Service Expenses	$9,606,855	TotalProgramServiceExpensesAmt
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	0	TransactionWithControlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	18	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	24	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Members And Shr Gross Income	$11,613,735	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$2,031,921	OtherSourcesGrossIncomeAmt
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	10	GoverningBodyVotingMembersCnt
Independent Voting Member	10	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WAYNE WETHERELT JR	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	4068893301	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	500 OSLOSKI ROAD	AddressLine1Txt
City	EUREKA	CityNm
State Abbreviation	MT	StateAbbreviationCd
ZIP	59917	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
MIKE WORKMAN
PRESIDENT	3.52	Yes (X)	Yes (X)	$4,900	$0	$0
MARIANNE ROOSE
DIRECTOR	5.54	Yes (X)		$4,700	$0	$0
ETHEL WHITE
DIRECTOR	3.68	Yes (X)		$3,475	$0	$0
JOEL GRAVES
DIRECTOR	1.85	Yes (X)		$2,750	$0	$0
TINA TAURMAN
DIRECTOR	6.68	Yes (X)		$4,300	$0	$0
TOM KLYVER
DIRECTOR	2.13	Yes (X)		$2,500	$0	$0
COURTNEY PLUID
SECRETARY-TREASURER	2.63	Yes (X)	Yes (X)	$3,050	$0	$0
TERRY UTTER
DIRECTOR	1.31	Yes (X)		$1,500	$0	$0
WESLEY LOUGHMAN
VICE PRESIDENT	3.46	Yes (X)	Yes (X)	$3,050	$0	$0
MYRA APPEL
DIRECTOR	2.25	Yes (X)		$2,600	$0	$0
WAYNE WETHERELT JR
MANAGER OF FINANCE & ADMIN	40.00		Yes (X)	$101,765	$0	$46,378
V RAY ELLIS
GENRAL MANAGER	40.00		Yes (X)	$166,111	$0	$63,891
MARK J STARK
ENGINEERING MGR	40.00			$101,961	$0	$0	Yes (X)
DAWSON MCCULLY
LINEMAN	40.00			$102,442	$0	$0	Yes (X)
LUKE MILLER
FOREMAN	40.00			$103,470	$0	$0	Yes (X)
EDWARD SUTHERLAND
LINEMAN	40.00			$100,476	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$709,050	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$110,269	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	6	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PERSSON TREE SERVICES	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1359	AddressLine1Txt
City	EUREKA	CityNm
State Abbreviation	MT	StateAbbreviationCd
ZIP	59917	ZIPCd

Field	Value	IRS element (for citing)
Services	TREE TRIMMING	ServicesDesc
Compensation	$135,500	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	UTILITIES & SERVICES	Desc
Business	221000	BusinessCd
Total Revenue Column	$10,836,426	TotalRevenueColumnAmt
Related Or Exempt Func Income	$10,836,426	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$10,836,426	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$20,159	TotalRevenueColumnAmt
Related Or Exempt Func Income	$20,159	RelatedOrExemptFuncIncomeAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Personal	$6,780	PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Personal	$0	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Personal	$6,780	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,780	TotalRevenueColumnAmt
Exclusion	$6,780	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
PATRONAGE CAPITAL CRED	221000	$114,174	$114,174
EQUITY INCOME(LOSS) IN SUBSIDARY	453000	$104,389		$104,389
JOBBING, MISC INCOME	221000	$8,843	$8,843

Field	Value	IRS element (for citing)
Other Revenue Total	$227,406	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$11,090,771	TotalRevenueColumnAmt
Related Or Exempt Func Income	$10,979,602	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$104,389	UnrelatedBusinessRevenueAmt
Exclusion	$6,780	ExclusionAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$473,313	TotalAmt
Program Services	$473,313	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$410,970	TotalAmt
Management And General	$410,970	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$325,969	TotalAmt
Management And General	$325,969	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$17,406	TotalAmt
Management And General	$17,406	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$6,091	TotalAmt
Management And General	$6,091	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$13,500	TotalAmt
Management And General	$13,500	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$1,199	TotalAmt
Management And General	$1,199	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,458	TotalAmt
Management And General	$1,458	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$56,653	TotalAmt
Management And General	$56,653	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$29,676	TotalAmt
Management And General	$29,676	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$649,148	TotalAmt
Program Services	$647,698	ProgramServicesAmt
Management And General	$1,450	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$862,805	TotalAmt
Program Services	$764,877	ProgramServicesAmt
Management And General	$97,928	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt	Program ServicesProgramServicesAmt
INCOME TAXES ON INCOME	$31,000	$31,000
COST OF POWER	$5,147,497		$5,147,497
DISTRIBUTION OPERATIONS	$1,406,417		$1,406,417
DISTRIBUTION MAINTENANC	$620,669		$620,669

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$918,745	TotalAmt
Program Services	$546,384	ProgramServicesAmt
Management And General	$372,361	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$10,972,516	TotalAmt
Program Services	$9,606,855	ProgramServicesAmt
Management And General	$1,365,661	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$744,658	BOYAmt
EOY	$608,613	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,261,904	BOYAmt
EOY	$1,250,026	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$157,000	BOYAmt
EOY	$264,003	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$1,427,274	BOYAmt
EOY	$1,471,834	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$779	BOYAmt
EOY	$1,444	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$32,377,550	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$11,929,965	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$20,919,098	BOYAmt
EOY	$20,447,585	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$956,193	BOYAmt
EOY	$1,060,582	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$1,249,190	BOYAmt
EOY	$1,322,282	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,419,917	BOYAmt
EOY	$1,209,147	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$28,136,013	BOYAmt
EOY	$27,635,516	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$681,571	BOYAmt
EOY	$664,814	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$17,343,753	BOYAmt
EOY	$16,726,122	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$846,256	BOYAmt
EOY	$861,892	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$18,871,580	BOYAmt
EOY	$18,252,828	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$426,302	BOYAmt
EOY	$425,802	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$8,838,131	BOYAmt
EOY	$8,956,886	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$9,264,433	BOYAmt
EOY	$9,382,688	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$28,136,013	BOYAmt
EOY	$27,635,516	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$118,255	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$625,338	OtherCostOrOtherBasisAmt
Book Value	$625,338	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,464,305	OtherCostOrOtherBasisAmt
Depreciation	$1,152,653	DepreciationAmt
Book Value	$311,652	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,880,995	OtherCostOrOtherBasisAmt
Depreciation	$2,602,332	DepreciationAmt
Book Value	$278,663	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$27,406,912	OtherCostOrOtherBasisAmt
Depreciation	$8,174,980	DepreciationAmt
Book Value	$19,231,932	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$20,447,585	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (8 entries)

DescDesc	AmtAmt
CONSUMER ENERGY PREPAYMENTS	$107,462
CAPITAL CREDIT PAYABLE	$99,134
CONSUMER DEPOSITS	$62,873
ACCRUED TAXES	$144,799
ACCRUED INTEREST	$102,143
ACCRUED PERSONNEL LEAVE	$303,583
ECONOMIC LOAN GRANT NON FEDERAL	$39,414
A/P OPERATION ROUNDUP	$2,484

Field	Value	IRS element (for citing)
Total Liability	$861,892	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$11,859,237	TotalRevEtcAuditedFinclStmtAmt
Other Revenue	$768,466	OtherRevenueAmt
Revenue Not Reported	$768,466	RevenueNotReportedAmt
Revenue Subtotal	$11,090,771	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$11,090,771	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$10,499,203	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$10,499,203	ExpensesSubtotalAmt
Other Expenses Not Included	$473,313	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$473,313	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$10,972,516	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	THERE ARE NO UNCERTAIN TAX POSITIONS EXISTING AT DECEMBER 31, 2017.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	CONTRIBUTION IN AID OF CONSTRUCTION RECEIVED FROM MEMBERS 768,466.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	BENEFITS PAID TO MEMBERS- CAPITAL CREDITS RETIREMENTS 473,313.
PART VI LINE 1E-OTHER PROPERTY	PART VI-LINE 1E-OTHER PROPERTY - INCLUDES TRANSMISSION POLES, WIRE AND EQUIPMENT TOTALING $946,443; DISTRIBUTION PLANT OF POLES, WIRE, STATION EQUIPMENT, METERS AND TRANSFORMERS TOTALING $26,388,476; AND CONSTRUCTION WORK IN PROGRESS TOTALING $71,993.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	V RAY ELLIS	PersonNm
Title	GENRAL MANAGER	TitleTxt
Base Compensation Filing Org	$166,111	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$0	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$0	BonusFilingOrganizationAmount
Bonus Related Organizations	$0	BonusRelatedOrganizationsAmt
Other Compensation Filing Org	$0	OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs	$0	OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org	$44,102	DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs	$0	DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org	$19,789	NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs	$0	NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org	$230,002	TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs	$0	TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org	$0	CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs	$0	CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	THE COOPERATIVE HAS 4,562 VOTING MEMBERS AT DECEMBER 31, 2017.
FORM 990, PART VI, SECTION A, LINE 7A	THE MEMBERSHIP ELECTS THREE BOARD OF DIRECTORS TO SERVE A THREE YEAR TERM AT THE COOPERATIVE ANNUAL MEETING HELD IN MARCH OF EACH YEAR.
FORM 990, PART VI, SECTION A, LINE 7B	ALL BYLAW CHANGES RECOMMENDED BY THE BOARD OF DIRECTORS ARE APPROVED AND RATIFIED BY THE MAJORITY OF MEMBERSHIP AT THE COOPERATIVE ANNUAL MEETING.
FORM 990, PART VI, SECTION B, LINE 11B	FORM 990 IS REVIEWED AND APPROVED BY THE GENERAL MANAGER, THE BOARD PRESIDENT AND SECRETARY/TREASURER PRIOR TO ITS FILING.
FORM 990, PART VI, SECTION B, LINE 12C	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, SECTION B, LINE 15	THE NATIONAL RURAL ELECTRIC COOPERATION ASSOCIATION (NRECA) AND MONTANA STATEWIDE ASSOICATION- MONTANA ELECTRIC COOPERATIVE ASSOCIATION (MECA) PERFORMS AN ANNUAL SALARY SURVEY FOR ALL MONTANA TELEPHONE AND UTILITY COOPERATIVES BY JOB CLASSIFICATION. THE BOARD OF DIRECTORS MAKES USE OF THESE SURVEYS FROM NRECA AND MECA TO DETERMINE THE SALARY GUIDELINE FOR THE GENERAL MANAGER SALARY. THE GENERAL MANAGER USES THESE SURVEYS TO DETERMINE THE RANGE OF SALARIES FOR THE EXEMPT, NON-UNION POSITIONS. THE COOPERATIVE OTHER EMPLOYEES SALARIES ARE ESTABLISHED BY A SIGNED COLLECTIVELY BARGAINED UNION CONTRACT.
FORM 990, PART VI, SECTION C, LINE 19	ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL REPORTS - RUS FORM 7 - AND FORM 990 ARE AVAILABLE UPON REQUEST AT THE COOPERATIVE HEADQUARTER OFFICE. IN ADDITION, EACH NEW MEMBER IS PROVIDED WITH A COPY OF LINCOLN ELECTRIC COOPERATIVE'S BY LAWS. ALSO THE STATEMENT OF FINANCIAL CONDITION IS SENT OUT YEARLY TO ALL MEMBERS IN THE ANNUAL MEETING NOTICE PRIOR TO THE ANNUAL MEETING HELD IN MARCH OF EACH YEAR.
FORM 990, PART XII, LINE 2C:	THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	RURAL PROPANCE SERVICES LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1174 HIGHWAY 93 N	AddressLine1Txt
City	EUREKA	CityNm
State Abbreviation	MT	StateAbbreviationCd
ZIP	59917	ZIPCd

Field	Value	IRS element (for citing)
EIN	465371638	EIN
Primary Activities	SALE OF PROPANE AND PROPANE SERVICES	PrimaryActivitiesTxt
Legal Domicile State	MT	LegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	LINCOLN ELECTRIC COOPERATIVE INC OWNS 100	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Predominant Income Type	PROPANE SALES	PredominantIncomeTypeTxt
Share Of Total Income	$1,897,588	ShareOfTotalIncomeAmt
Share Of EOY Assets	$1,316,220	ShareOfEOYAssetsAmt
Disproportionate Allocations	0	DisproportionateAllocationsInd
General Or Managing Partner	Yes (1)	GeneralOrManagingPartnerInd
Ownership	1.00000	OwnershipPct

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	Yes (1)	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	REIMBURSEMENT OF EXPENSES PAID BY LINCOLN ELECTRIC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Transaction Type	Q	TransactionTypeTxt
Involved	$24,000	InvolvedAmt
Method Of Amount Determination	DIRECT COSTS	MethodOfAmountDeterminationTxt