BETA

VERNON ELECTRIC COOPERATIVE: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
VERNON ELECTRIC COOPERATIVE (EIN 39-0677390)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-04-30
IRS object ID
201541209349301259
Schema version
2014v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2015-04-30T15:31:40-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN391277627PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BAUMAN ASSOCIATES LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1225AddressLine1Txt
CityEAU CLAIRECityNm
State AbbreviationWIStateAbbreviationCd
ZIP547021225ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN390677390EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VERNON ELECTRIC COOPERATIVEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlVERNBusinessNameControlTxt
Phone6086343121PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1110 SAUGSTAD ROADAddressLine1Txt
CityWESTBYCityNm
State AbbreviationWIStateAbbreviationCd
ZIP546678426ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOE MCDONALDPersonNm
Person TitleCEO/GENERAL MANAGERPersonTitleTxt
Phone6086343121PhoneNum
Signature2015-04-28SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGREGORY D MLEZIVA CPAPreparerPersonNm
PTINP00004968PTIN
Phone7158342001PhoneNum
Preparation2015-04-28PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOE MCDONALDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1110 SAUGSTAD ROADAddressLine1Txt
CityWESTBYCityNm
State AbbreviationWIStateAbbreviationCd
ZIP546678426ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$21,175,029GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1936FormationYr
Legal Domicile StateWILegalDomicileStateCd
Activity Or MissionTO PROVIDE ELECTRIC ENERGY TO THE COOPERATIVE'S MEMBERS.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee35TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$20,606,304PYProgramServiceRevenueAmt
CY Program Service Revenue$20,834,628CYProgramServiceRevenueAmt
PY Investment Income$210,841PYInvestmentIncomeAmt
CY Investment Income$238,991CYInvestmentIncomeAmt
PY Other Revenue$15,991PYOtherRevenueAmt
CY Other Revenue$11,709CYOtherRevenueAmt
PY Total Revenue$20,833,136PYTotalRevenueAmt
CY Total Revenue$21,085,328CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$1,362,086PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$1,630,880CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$424,526PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$296,286CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$18,755,883PYOtherExpensesAmt
CY Other Expenses$18,850,963CYOtherExpensesAmt
PY Total Expenses$20,542,495PYTotalExpensesAmt
CY Total Expenses$20,778,129CYTotalExpensesAmt
PY Revenues Less Expenses$290,641PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$307,199CYRevenuesLessExpensesAmt
Total Assets BOY$53,143,468TotalAssetsBOYAmt
Total Assets EOY$53,810,031TotalAssetsEOYAmt
Total Liabilities BOY$26,665,046TotalLiabilitiesBOYAmt
Total Liabilities EOY$26,018,756TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$26,478,422NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$27,791,275NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE ELECTRIC ENERGY TO THE COOPERATIVE'S MEMBERS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescTO PROVIDE ELECTRIC ENERGY TO THE COOPERATIVE'S MEMBERS.Desc
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstYes (true)ReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document71IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee35EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Members And Shr Gross Income$20,139,398MembersAndShrGrossIncomeAmt
Other Sources Gross Income$370,617OtherSourcesGrossIncomeAmt
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonTHE ORGANIZATIONPersonNm
Phone6086343121PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1110 SAUGSTAD ROADAddressLine1Txt
CityWESTBYCityNm
State AbbreviationWIStateAbbreviationCd
ZIP546678426ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
DAVID DREGNE
SECRETARY3.00Yes (X)$9,675$0$0
OLE YTTRI
DIRECTOR5.00Yes (X)$9,450$0$0
RICHARD NEMEC
VICE-PRESIDE5.00Yes (X)$9,225$0$0
BERNADINE HORNBY
PRESIDENT5.00Yes (X)$9,000$0$0
DAVID OLSON
TREASURER4.00Yes (X)$8,850$0$0
ORLAN BAKKUM
DIRECTOR4.00Yes (X)$8,775$0$0
DENNIS KELBEL
DIRECTOR3.00Yes (X)$8,775$0$0
DANIEL KORN
DIRECTOR4.00Yes (X)$8,625$0$0
JAMES GOODMAN
DIRECTOR3.00Yes (X)$8,550$0$0
JERRY KRAMER
DIRECTOR3.00Yes (X)$7,300$0$0
JOE MCDONALD
CEO/GENERAL50.00$149,621$0$96,729Yes (X)
CRAIG BUROS
DIRECTOR OF45.00$115,347$0$41,228Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$353,193TotalReportableCompFromOrgAmt
Total Other Compensation$137,957TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
WRIGHT TREE SERVICE
PO BOX 1718DES MOINESIA50306TREE CLEARING$531,151
PUSH INC
1100 LINDY STREETRICE LAKEWI54868UTILITY CONTRAC$308,233
NATIONAL INFORMATION SOLUTIONS COOP
ONE INNOVATION CIRCLELAKE ST LOUISMO63367COMPUTER SOFTWA$165,818
VANNGUARD UTILITY PARTNERS INC
13939 OAK BROOK DRIVEURBANDALEIA50323UNDERGROUND$100,552
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
ELECTRIC REVENUE$20,172,199$20,172,199
OTHER REVENUE$662,429$662,429
FieldValueIRS element (for citing)
Total Program Service Revenue$20,834,628TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$235,474TotalRevenueColumnAmt
Exclusion$235,474ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$3,500RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$3,500RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,500TotalRevenueColumnAmt
Exclusion$3,500ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$6,102OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$2,585OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$3,517OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,517TotalRevenueColumnAmt
Related Or Exempt Func Income$3,517RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$95,325GrossSalesOfInventoryAmt
Cost Of Goods Sold$87,116CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,209TotalRevenueColumnAmt
Related Or Exempt Func Income$8,209RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,085,328TotalRevenueColumnAmt
Related Or Exempt Func Income$20,183,925RelatedOrExemptFuncIncomeAmt
Exclusion$901,403ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$1,630,880TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$296,286TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,166,712TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,800,491TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
COST OF PURCHASED POWER$11,869,270
DISTRIBUTION - OPERATIONS$1,243,352
DISTRIBUTION - MAINTENANC$1,120,592
ADMINISTRATIVE AND GENERA$808,039

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$842,507TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$20,778,129TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$208,252BOYAmt
EOY$177,770EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$106,515BOYAmt
EOY$22,546EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,057,543BOYAmt
EOY$2,081,672EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$63,247BOYAmt
EOY$60,778EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$402,840BOYAmt
EOY$427,238EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$109,775BOYAmt
EOY$93,677EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$54,382,874LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$13,780,482LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$40,242,234BOYAmt
EOY$40,602,392EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$8,800,002BOYAmt
EOY$9,318,407EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,153,060BOYAmt
EOY$1,025,551EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$53,143,468BOYAmt
EOY$53,810,031EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,940,893BOYAmt
EOY$2,122,901EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$23,623,354BOYAmt
EOY$23,016,340EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,100,799BOYAmt
EOY$879,515EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$26,665,046BOYAmt
EOY$26,018,756EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$4,770,283BOYAmt
EOY$5,135,716EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$21,708,139BOYAmt
EOY$22,655,559EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$26,478,422BOYAmt
EOY$27,791,275EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$53,143,468BOYAmt
EOY$53,810,031EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$307,199ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$1,005,654OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$194,522InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$464,106OtherCostOrOtherBasisAmt
Book Value$658,628BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$53,724,246OtherCostOrOtherBasisAmt
Depreciation$13,780,482DepreciationAmt
Book Value$39,943,764BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$40,602,392TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INV IN ASSC ORGANIZATIONS$8,307,769C
RESTRICTED INV- GENERAL PLANT$764,767C
OTHER INVESTMENTS$245,871C
FieldValueIRS element (for citing)
Total Book Value Program Rltd$9,318,407TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DEFERRED CREDITS$640,202
CONSUMER DEPOSITS$198,159
CONSUMER ENERGY ADVANCES$41,154
FieldValueIRS element (for citing)
Total Liability$879,515TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$21,081,811TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$21,081,811RevenueSubtotalAmt
Other Revenues Not Included$3,517OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$3,517RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$21,085,328TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$19,143,732TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$19,143,732ExpensesSubtotalAmt
Other Expenses Not Included$1,634,397OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,634,397ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$20,778,129TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 3, PART XTHE COOPERATIVE WILL RECOGNIZE ANY ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED BENEFITS IN INCOME TAX, IF INCURRED. THE COOPERATIVE'S PREVIOUS THREE TAX YEARS ARE OPEN FOR EXAMINATION BY THE INTERNAL REVENUE SERVICE.
SCHEDULE D, PAGE 4, PART XI, LINE 4BLOSS ON SALE OF ASSETS NETTED WITH OTHER DEDUCTIONS 3,517
SCHEDULE D, PAGE 4, PART XII, LINE 4BLOSS ON SALE OF ASSETS NETTED WITH OTHER DEDUCTIONS 3,517 2014 MARGINS ALLOCATED TO MEMBERS 1,630,880

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
JOE MCDONALD
CEO/GENERAL MANAGER$149,621$73,091$23,638$246,350
CRAIG BUROS
DIRECTOR OF ENGINEER$115,347$17,944$23,284$156,575

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE J, PAGE 1, PART I, LINE 3FormAndLineReferenceDesc
ExplanationEXPLANATION: THE BOARD OF DIRECTORS COMPLETE AN ANNUAL PERFORMANCE REVIEW OF THE GENERAL MANAGER AND USE SEVERAL WAGE COMPARISON DATA TO DETERMINE SALARY. DATA SOURCES INCLUDE THE FORM 990 OF OTHER ELECTRIC COOPERATIVES AND THE NRECA COMPENSATION STUDY, WHICH INCLUDES WAGE COMPARISON BY REGION, STATE, POWER SUPPLIER, AND COOPERATIVE SIZE.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990FORM 990, PART IX, LINE 4: EXPLANATION: THE COOPERATIVE HAS INTERPRETED PATRONAGE DIVIDENDS PAID TO BE THE AMOUNT OF CURRENT YEAR MARGINS THAT WILL BE ALLOCATED TO ITS MEMBERS AND THEREFORE HAS PRESENTED THIS AMOUNT. THE COOPERATIVE HAS ALLOCATED ALL OPERATING MARGINS AND RETAINED A PORTION OF ITS NON-OPERATING MARGINS.
FORM 990, PAGE 6, PART VI, LINE 6EXPLANATION: ANY PERSON WHO REQUESTS SERVICE FROM THE COOPERATIVE SUBJECT TO THE CONDITIONS APPLICABLE TO ALL PATRONS OF THE SAME CLASS OF SERVICE, UPON RECEIPT OF SUCH SERVICE SHALL BE DEEMED A MEMBER WITH THE SAME RIGHTS AND PRIVILEGES AS EACH OTHER MEMBER OF SUCH CLASS.
FORM 990, PAGE 6, PART VI, LINE 7AEXPLANATION: CANDIDATES FOR DIRECTOR POSITIONS ON THE BOARD OF DIRECTORS ARE NOMINATED AT THE ANNUAL DISTRICT COMMITTEE CONFERENCE AND ELECTIONS ARE HELD AT THE FOLLOWING ANNUAL MEETING OF THE MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 7BEXPLANATION: EACH MEMBER IS ENTITLED TO ONE VOTE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 11BEXPLANATION: THE GENERAL MANAGER AND THE DIRECTOR OF OFFICE SERVICES REVIEWS FORM 990 WITH THE BOARD OF DIRECTORS BEFORE IT IS FILED.
FORM 990, PAGE 6, PART VI, LINE 12CA COPY OF THE CONFLICT OF INTEREST POLICY WAS GIVEN TO EACH CURRENT EMPLOYEE AND DIRECTOR AS WELL AS EACH NEW EMPLOYEE AND DIRECTOR. THE CONFLICT OF INTEREST POLICY IS A SELF-POLICING POLICY IN WHICH IT IS THE RESPONSIBILITY OF EACH EMPLOYEE/DIRECTOR TO COME FORWARD WITH ANY POTENTIAL CONFLICTS WHENEVER THEY OCCUR. THE WHISTLEBLOWER POLICY SUPPORTS THE ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY BY ENCOURAGING ALL EMPLOYEES/DIRECTORS TO REPORT CONFLICTS OF INTEREST AND OTHER QUESTIONABLE BEHAVIOR.
FORM 990, PAGE 6, PART VI, LINE 15AEXPLANATION: NRECA COMPENSATION STUDIES ARE USED TO DETERMINE THE COMPENSATION OF THE GENERAL MANAGER AND OTHER OFFICERS OF THE ORGANIZATION. THE BOARD OF DIRECTORS APPROVES THE GENERAL MANAGER'S COMPENSATION AND THE GENERAL MANAGER APPROVES THE COMPENSATION OF ALL OTHER EMPLOYEES.
FORM 990, PAGE 6, PART VI, LINE 15BSEE 15A.
FORM 990, PAGE 6, PART VI, LINE 19EXPLANATION: DOCUMENTATION IS AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9LOSS ON SALE OF ASSETS NETTED WITH OTHER DEDUCTIONS -3,517 LOSS ON SALE OF ASSETS NETTED WITH OTHER DEDUCTIONS 3,517 2014 MARGINS ALLOCATED TO MEMBERS 1,630,880
FORM 990, PART XI, LINE 9DONATED CAPITAL 75,488 PATRONAGE CAPITAL RETIRED 700,714
FORM 990, PAGE 12, PART XII, LINE 2CEXPLANATION: NO CHANGES HAVE BEEN MADE SINCE PRIOR YEAR.

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