2016-07-13T17:34:32-05:00 2015-12-31 450310328 BRADY MARTZ AND ASSOCIATES PC PO BOX 14296 GRAND FORKS ND 582084296 990 2015-01-01 450216719 MCLEAN ELECTRIC COOPERATIVE INC MCLE 7014632291 4031 HWY 37 BYPASS NW GARRISON ND 58540 MARTIN D DAHL GENERAL MANAGER/CEO 7014632291 2016-07-05 1 DAVID HOLT P00014251 7017754685 2016-07-05 2015 2016-09-27 15:27:22Z MARTIN D DAHL 4031 HWY 37 BYPASS NW GARRISON ND 58540 13192259 0 X MCLEANELECTRIC.COM X 1945 ND IT SHALL BE THE AIM OF THE MCLEAN ELECTRIC COOPERATIVE, INC. TO MAKE ENERGY AVAILABLE TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT. 7 7 26 0 27327 0 0 0 13202231 12714275 -13898 19257 537718 455988 13726051 13189520 0 0 1319084 1198558 321620 299413 0 0 0 12091380 11692452 13732084 13190423 -6033 -903 30079194 33966826 20217890 23173678 9861304 10793148 TO GENERATE, MANUFACTURE, PURCHASE, ACQUIRE AND ACCUMULATE ELECTRIC ENERGY AND TO TRANSMIT, DISTRIBUTE, FURNISH, SELL AND DISPOSE OF SUCH ELECTRIC ENERGY TO COOPERATIVE MEMBERS. 0 0 ELECTRICAL DISTRIBUTION TO APPROXIMATELY 4,271 SERVICES. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 41 0 1 26 1 1 1 0 0 0 0 12635806 679658 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARTIN D DAHL PE GENERAL MANAGERCEO 7014636700 4031 HWY 37 BYPASS NW GARRISON ND 58540 X ALVIN MYERS PRESIDENT 3.70 X X 4600 0 0 RODNEY STOCKDILL SECRETARY/TREASURER 6.10 X X 6600 0 0 ORVIN RAVNAAS VICE PRESIDENT RETIRED JUNE 2015 1.90 X X 2250 0 0 LARRY GESSELE VICE PRESIDENT BEGINNING JUNE 2015 6.10 X X 4650 0 0 TROY PRESSER DIRECTOR 4.40 X 2700 0 0 ERNEST GRUENEICH DIRECTOR 4.40 X 3250 0 0 CLARENCE BEHLES DIRECTOR 1.70 X 3900 0 0 DARCY KLAIN DIRECTOR 2.80 X 2150 0 0 TOM SHELDON DIRECTOR 1.70 X 1500 0 0 COURTNEY URAN BUSINESS MANAGER BEG NOV 2015 40.00 X X 9758 0 244 MARTIN DAHL GENERAL MANAGER/CEO 40.00 X 174523 0 59521 LUKE STEEN BUSINESS MANAGER UNTIL AUG 2015 40.00 X 53637 0 21757 269518 0 81522 1 0 1 0 COAL CREEK CONSTRUCTION PO BOX 1068 UNDERWOOD ND 585761068 ELECTRICAL DISTRIBUTION LINES 778946 SCHLEHR UTILITY CONSTRUCTION PO BOX 711 GARRISON ND 58540 INSTALLATION OF UNDERGROUND POWERLINE 425827 GOVERT POWERLINE SERVICES INC PO BOX 98 REVA SD 57651 ELECTRICAL DISTRIBUTION LINES 284910 CENTRAL TRENCHING INC 5200 7TH AVE SW MINOT ND 58701 INSTALLATION OF UNDERGROUND CABLE 132493 4 ELECTRIC REVENUE 221000 12714275 12714275 12714275 19978 19978 1200 0 1200 1200 1200 2018 2739 -721 -721 -721 CAPITAL CREDITS 900099 427461 427461 GRWA 541200 40645 40645 MEC SERVICES REVENUE 900099 100 100 -13418 -13418 454788 13189520 13141736 27327 20457 X 1198558 299413 717565 850230 COST OF POWER 7830660 DISTRIBUTION - OPERATIO 665034 DISTRIBUTION - MAINTENA 534924 ADMINISTRATIVE AND GENE 517648 576391 13190423 300 300 334653 515416 1444980 1354180 528945 591243 567720 611268 628496 517381 34393652 8817448 22128112 25576204 4445988 4800834 30079194 33966826 1491968 1335538 17309966 19517394 600000 1495000 815956 825746 20217890 23173678 X 0 0 0 0 9861304 10793148 9861304 10793148 30079194 33966826 X -903 932747 X X 0 1 X 1 0 47950 47950 34345702 8817448 25528254 25576204 PATRONAGE CAPITAL CREDITS 4792692 OTHER INVESTMENTS 8142 4800834 CUSTOMER DEPOSITS 73581 CONSUMER ENERGY PREPAYMENTS 42708 POSTRETIREMENT OBLIGATION 311106 OBLIGATIONS UNDER CAPITAL LEASES 398351 825746 X 13190427 907 907 13189520 0 13189520 11991865 0 11991865 1198558 1198558 13190423 PART X, LINE 2: THE COMPANY'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS, AND OTHER EVIDENCE. IT IS THE OPINION OF MANAGEMENT THAT THE COMPANY HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL INCOME TAX RETURNS OF THE COMPANY ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: PARTNERSHIP INCOME - BOOK VS. TAX DIFFERENCES 907. PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATED CAPITAL CREDITS 1,198,558. X X 0 0 0 MARTIN DAHL GENERAL MANAGER/CEO 174523 0 0 0 0 0 48292 0 11229 0 234044 0 0 0 PART I, LINE 3 THE BOARD USES NATIONAL COMPARABILITY DATA FROM THE NRECA SALARY SURVEY IN CONJUNCTION WITH STATE COMPARABILITY DATA FROM THE NDAREC SURVEY TO DETERMINE THE GENERAL MANAGER'S COMPENSATION. FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE IS A MEMBER OWNED COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OF THE COOPERATIVE HAS ONE VOTE IN ELECTIONS OF THE BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B EACH COOPERATIVE MEMBER IS ALLOWED A VOTE TO APPROVE ANY BY-LAWS CHANGES. FORM 990, PART VI, SECTION B, LINE 11 THE GENERAL MANAGER, BUSINESS MANAGER, AND BOARD OF DIRECTORS REVIEW THE 990 FOR ACCURACY AND APPROVE THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEW THE POLICY ON A REGULAR BASIS. EMPLOYEES ARE PROVIDED A COPY OF ALL POLICIES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD USES STATE AND NATIONAL COMPARABILITY DATA FROM NRECA AND NDAREC SURVEYS AND THE BOARD EVALUATES PERFORMANCE TO DETERMINE THE GENERAL MANAGER'S COMPENSATION. THE GENERAL MANAGER USES STATE AND NATIONAL SURVEYS AND PERFORMANCE EVALUATIONS TO DETERMINE COMPENSATION OF OTHER EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S PUBLIC INSPECTION COPY OF FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII: OFFICER AND DIRECTOR COMPENSATION REPORTED ON PART IX, LINE 5 DOES NOT EQUAL THE TOTAL COMPENSATION REPORTED ON PART VII, LINE 1B FOR THESE INDIVIDUALS. THE DIFFERENCE IS DUE TO THE DIFFERENCE BETWEEN THE CURRENT YEAR CONTRIBUTIONS (A CURRENT YEAR EXPENSE) AND THE INCREASE IN ACTUARIAL VALUE. THE INCREASE IN ACTUARIAL VALUE IS NOT A CURRENT YEAR EXPENSE, BUT IS REPORTED AS COMPENSATION FOR PURPOSES OF PART VII. INCLUDED PART VII, COLUMN "F", OTHER COMPENSATION, IS THE ESTIMATED ANNUAL INCREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN. FOR THE FOLLOWING INDIVIDUALS, THE ESTIMATED INCREASE IS: MARTIN D. DAHL: $41,959 LUKE D. STEEN: $3,697 THIS AMOUNT IS AN ESTIMATE OF THE INCREASE OF THE VALUE OF THE PLAN AND IS NOT A CURRENT YEAR EXPENSE OF THE COOPERATIVE. CURRENT YEAR CONTRIBUTIONS INTO THE DEFINED BENEFIT PLAN WERE AS FOLLOWS: MARTIN D. DAHL: $18,926 LUKE D. STEEN: $6,703 THE AMOUNT IS INCLUDED IN THE ABOVE ESTIMATED ANNUAL INCREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN. FORM 990, PART IX, LINE 4 AS REQUIRED BY FORM 990 INSTRUCTIONS, FORM 990, PART IX, LINE 4 (BENEFITS PAID TO OR FOR MEMBERS) INCLUDES PATRONAGE DIVIDENDS PAID. THIS AMOUNT IS AN EXPENSE FOR PURPOSES OF FORM 990, BUT IS NOT RECOGNIZED AS AN EXPENSE UNDER G.A.A.P. REPORTING REQUIREMENTS, WHICH ARE USED FOR BOOK INCOME. THE RESULT IS A BOOK TO TAX DIFFERENCE WHICH IS DISCLOSED ON PART XI AND ON SCHEDULE D PARTS XI AND XIII. IN REFERENCE TO PART IX, LINE 4, THE COOPERATIVE HAS INTERPRETED "PATRONAGE DIVIDENDS PAID" AS CAPITAL CREDITS ALLOCATED TO MEMBERS UNDER THE PREEXISTING OBLIGATIONS PURSUANT TO THE BYLAWS OF THE COOPERATIVE. FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -281,030. RETIRED CAPITAL CREDIT GAINS 5,700. FORFEITED CAPITAL CREDITS 8,612. TAXABLE INCOME FROM PARTNERSHIPS IN EXCESS OF BOOKS 907. ALLOCATED CAPITAL CREDITS 1,198,558. FORM 990, PART XII, LINE 2C OVERSIGHT PROCESS OF THE AUDIT AND SELECTION PROCESS OF THE INDEPENDENT AUDITORS HAS NOT CHANGED FROM THE PRIOR YEAR. MCLEAN ELECTRIC TRUST INC 4031 HWY 37 NW GARRISON ND 585400399 460659657 COLLECT & DISBURSE FUNDS FOR CHARITABLE PURPOSES ND 501(C)(3) 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0