2015-10-20T10:12:35-05:00 2014-12-31 450310328 BRADY MARTZ & ASSOCIATES PC PO BOX 1297 BISMARCK ND 585021297 990 2014-01-01 450217360 SLOPE ELECTRIC COOPERATIVE INC SLOP 7015794191 PO BOX 338 NEW ENGLAND ND 58647 TRAVIS KUPPER CFO 7015794191 2015-10-15 1 PATRICK J BROWN P00149579 7012231717 2015-10-15 2014 2016-02-25 16:41:14Z TRAVIS KUPPER PO BOX 338 NEW ENGLAND ND 58647 34468362 0 X WWW.SLOPEELECTRIC.COOP X 1945 ND THE EXEMPT PURPOSE OF THE ORGANIZATION IS TO DISTRIBUTE RELIABLE ELECTRIC SERVICE TO MEMBERS IN SLOPE, ADAMS, HETTINGER, AND BOWMAN COUNTIES. 8 8 30 0 78365 61671 0 0 32378849 32911441 229293 198221 1752221 1358700 34360363 34468362 79283 110903 4627348 4276090 3433410 2330672 0 0 0 26220322 27750697 34360363 34468362 0 0 75211229 78128702 21889460 20960519 53321769 57168183 OUR MISSION IS TO PROVIDE SAFE, RELIABLE, AND AFFORDABLE ELECTRIC SERVICE TO OUR MEMBERS. 0 0 SALE OF ELECTRIC ENERGY TO MEMBERS IN RURAL AREAS 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 1 65 0 1 30 1 1 1 0 0 0 0 0 0 31888267 1919194 0 X 8 8 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X TRAVIS KUPPER CFO 7015794191 116 E 12TH STREET E NEW ENGLAND ND 58647 X JAMES A KERZMANN PAST PRESIDENT 6.00 X 7824 0 0 TERRYL L JACOBS PRESIDENT 6.00 X X 5898 0 0 STEVE WEGNER SECRETARY 6.00 X X 7800 0 0 JEROME D CARON TREASURER 6.00 X X 5400 0 0 JOHN LEE NJOS PAST PRESIDENT 6.00 X 8122 0 0 LYLE NARUM DIRECTOR 6.00 X 4850 0 0 LAUREN KLEWIN DIRECTOR 6.00 X 5700 0 0 ANTHONY LARSON DIRECTOR 6.00 X 9050 0 0 TRAVIS KUPPER CFO (IEA EMPLOYEE) 0.00 40.00 X 0 0 0 DON FRANKLUND CO-MANAGER (IEA EMPLOYEE) 0.00 40.00 X 0 0 0 CHRIS BAUMGARTNER CO-MANAGER (IEA EMPLOYEE) 0.00 40.00 X 0 0 0 LAWANNA WILHELM KEY ACCOUNTS EXECUTIVE 40.00 X 115273 0 46250 DEAN VOLK OPERATIONS MANAGER 40.00 X 101138 0 95390 271055 0 141640 2 0 1 0 GOVERT POWERLINE SERVICES PO BOX 98 REVA SD 57651 CONSTRUCTION SERVICES 969251 3C CONSTRUCTION 4001 30TH AVE NW MANDAN ND 58554 CONSTRUCTION SERVICES 880936 INNOVATIVE ENERGY ALLIANCE LLC 116 12TH ST W NEW ENGLAND ND 58647 MANAGEMENT SERVICES 444605 PRECISION UNDERGROUND 968 INDUSTRIAL DRIVE BISMARCK ND 58501 CONSTRUCTION SERVICES 199496 4 SALE OF ELECTRICITY 900099 32895201 32895201 IEA K-1 900099 16240 16240 32911441 198221 198221 CAPITAL CREDITS 900099 1250387 1250387 K-1 3C CONSTRUCTION, LLC 230000 81104 78365 2739 MICELLANEOUS REVENUE 900099 27209 -16240 43449 1358700 34468362 34145588 78365 244409 110903 4276090 271054 1665119 394499 444605 376695 1188295 UBIT 3501 POWER COST - TRANSMISSI 24409218 DIST EXP - OPERATIONS 1551364 EQUIPMENT RENTAL & MAIN 521146 -744127 34468362 2844663 1448518 12205658 12336703 4667881 5009703 1739698 2810652 174165 189565 52095567 16084154 33652301 36011413 18789933 19364745 1136930 957403 75211229 78128702 3559575 3411490 9417846 8899467 8912039 8649562 21889460 20960519 X 0 0 0 0 53321769 57168183 53321769 57168183 75211229 78128702 X 0 3846414 X X 0 1 X 1 0 330452 330452 2746486 900713 1845773 49018629 15183441 33835188 36011413 NISC INVESTMENTS 1000000 C PATRONAGE CAPITAL CREDITS-ELECTRIC SUPPLIER 13161638 C NDAREC PROMISSORY NOTE 1750 C FEDERATED STOCK 81868 C NRUCFC CERTIFICATES 1713802 C ENERGY RESOURCE LOANS 61979 C OTHER PROMISSORY NOTES 157354 C INVESTMENT IN SLOPE SERVICES 100865 C PATRONAGE CAPITAL CREDITS-OTHER SUPPLIER 868976 C INVESTMENT IN 3CS CONSTRUCTION 2216513 C 19364745 DEFERRED CREDITS 8649562 8649562 X PART X, LINE 2: FIN 48 DISCLOSURE - IT IS THE OPINION OF MANAGEMENT THAT THE COOPERATIVE HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL INCOME TAX RETURNS OF THE COOPERATIVE ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. 1 HEARTVIEW FOUNDATION 101 EASY BROADWAY AVE BISMARCK ND 58501 450282159 501(C)(3) 10000 FMV GRANT FOR NEW BUILDING. ST JOSEPH'S HOSPITAL FOUNDATION 2500 FAIRWAY ST DICKINSON ND 58601 363418207 501(C)(3) 50000 FMV GRANT FOR NEW BUILDING. DAKOTA PRAIRIE ENRICHMENT CENTER 500 N MAIN STREET REEDER ND 58649 450454353 501(C)(3) 5000 FMV TO PUT ROOF ON OLD REEDER SCHOOL BUILDING. NDSU DEVELOPMENT FOUNDATION - BUEDICK CENTER ENDOWMENT 1241 N UNIVERSITY DRIVE FARGO ND 58105 237120898 501(C)(3) 12000 FMV TO INCREASE THE ENDOWMENT FUND. EARNINGS FROM THIS FUND WILL BE USED TO HIRE ANOTHER EMPLOYEE. 4 PART I, LINE 2: ALL CONTRIBUTION REQUESTS ARE REVIEWED AND APPROVED BY THE FULL BOARD. CONTRIBUTIONS ARE MADE TO ONLY ELIGIBLE ORGANIZATIONS THAT ARE PROVIDING SERVICES OR HELP WITHIN THE COOPERATIVE'S SERVICE AREA. CONTRIBUTIONS MUST BE USED FOR THE ELIGIBLE CHARITABLE PURPOSES. 0 0 0 LAWANNA WILHELM KEY ACCOUNTS EXECUTIVE 115273 0 0 0 0 0 44340 0 1910 0 161523 0 0 0 DEAN VOLK OPERATIONS MANAGER 101138 0 0 0 0 0 78265 0 17125 0 196528 0 0 0 INNOVATIVE ENERGY ALLIANCE DON FRANKLUND AND CHRIS BAUMGARTNER ARE OFFICERS OF BOTH ENTITIES 454968 PAYMENTS FOR MANAGEMENT SERVICES PERFORMED 0 FORM 990, PART VI, SECTION A, LINE 3 INNOVATIVE ENERGY ALLIANCE IS A SEPARATE LLC FORMED BY FOUR ELECTRIC COOPERATIVES IN THE STATE OF NORTH DAKOTA TO PROVIDE MANAGEMENT AND ADVISORY SERVCIES TO THE FOUR COOPERATIVES. SLOPE ELECTRIC COOPERATIVE HAS HIRED INNOVATIVE ENERGY ALLIANCE TO PROVIDE MANAGEMENT, HUMAN RESOURCES AND INFORMATION SERVICES. FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUALS AND ENTITIES RECEIVING ELECTRICAL POWER FROM THE COOPERATIVE ARE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS MAY VOTE. MEMBERS ELECT THE ENTIRE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B AT THE ANNUAL MEETING, ALL BYLAW CHANGES MUST BE APPROVED BY THE MEMBERS AND THE MEMBERS MAY VOTE ON MOTIONS CONCERNING THE OPERATIONS OF THE COOPERATIVE. FORM 990, PART VI, SECTION B, LINE 11 A COMPLETED 990 IS REVIEWED AT A MONTHLY BOARD MEETING AND ACCEPTED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS ARE REQUIRED TO ANNUALLY SIGN OFF A CONFLICT OF INTEREST AND UPDATE THE OTHER BOARD MEMBERS ANY TIME A CONFLICT ARISES. FORM 990, PART VI, SECTION B, LINE 15 COSTS FOR MANAGEMENT WERE COMPARED TO STATE AVERAGES, PRIOR WAGES, AND APPROVED BY THE FULL BOARD AFTER BOARD DELIBERATION. PAY IS REVIEWED ANNUALLY. CHANGES ARE BASED ON MERIT, CPI, AND COMPARATIVE WAGES. BOARD OF DIRECTORS MUST APPROVE THESE CHANGES. THE PAYROLL CHANGES FOR OTHER KEY EMPLOYEES ARE BASED ON THE SAME CRITERIA AS CEO. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1024 AND FORM 990 AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ANNUAL FINANCIALS ARE PRESENTED AT THE ANNUAL MEMBERSHIP MEETING EACH YEAR IN JUNE. GOVERNING DOCUMENTS ARE MADE AVAILABLE TO EACH MEMBER WHEN THEY INITIALLY BECOME A MEMBER. FORM 990, PART VII DON FRANKLUND, CHRIS BAUMGARTNER, AND TRAVIS KUPPER ARE EMPLOYEES OF INNOVATIVE ENERY ALLIANCE, A SEPERATE UNRELATED ENTITY THAT PROVIDES MANAGEMENT SERVICES TO RURAL ELECTRIC COOPERATIVES IN NORTH DAKOTA. FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -429,671. ALLOCATED CAPITAL CREDITS 4,276,090. ROUNDING -5. FORM 990, PART XI, LINE 2(C) THERE WAS NO CHANGE IN THE OVERSITE OR SELECTION PROCESS OF THE INDEPENDENT AUDITORS. THE FULL BOARD OF DIRECTORS REVIEWED AND APPROVED THE INDEPENDENT AUDITORS. FORM 990, PART IX, LINE 4: THE AMOUNT OF $4,276,090 ON THIS LINE IS FOR PATRONAGE DIVIDENDS. THE COOPERATIVE HAS INTERPRETED PATRONAGE DIVIDENDS TO MEAN THE AMOUNT OF CAPITAL CREDITS THAT WERE ALLOCATED TO MEMBERS IN THE CURRENT YEAR. FORM 990, PART IX, LINE 24 (F) ALL OTHER EXPENSES IS A NEGATIVE BALANCE DUE TO $1,810,226 OF SALARIES AND BENEFITS INCLUDED IN OTHER EXPENSE CATEGORIES AND ALSO BEING CAPITALIZED AS PART OF THE CONSTRUCTION/REPAIRS TO THE POWER SYSTEMS THROUGHOUT THE YEAR. 3 C CONSTRUCTION LLC 4001 30TH AVE NW MANDAN ND 58554 450444766 PROVIDE CONSTRUCTION SERVICES TO ELECTRIC COOPERATIVES ND UNRELATED 78365 1592374 0 0 0.33330 SLOPE SERVICES INC PO BOX 338 NEW ENGLAND ND 58647 450446958 SUBSIDIARY THAT PROVIDES MEDICAL ALERT PHONE SYSTEMS ND SLOPE ELECTRIC COOPERATIVE INC C 28968 128217 1.00000 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 SLOPE SERVICES INC Q 166953 ACTUAL COST 3C CONSTRUCTION LLC M 880936 ACTUAL COST 3C CONSTRUCTION LLC F 50000 CASH