2015-04-30T15:31:40-05:00 2014-12-31 391277627 BAUMAN ASSOCIATES LTD PO BOX 1225 EAU CLAIRE WI 547021225 990 2014-01-01 390677390 VERNON ELECTRIC COOPERATIVE VERN 6086343121 110 SAUGSTAD ROAD WESTBY WI 546678426 JOE MCDONALD CEO/GENERAL MANAGER 6086343121 2015-04-28 GREGORY D MLEZIVA CPA P00004968 7158342001 2015-04-28 2014 2016-04-25 22:37:26Z JOE MCDONALD 110 SAUGSTAD ROAD WESTBY WI 546678426 21175029 false X N/A X 1936 WI TO PROVIDE ELECTRIC ENERGY TO THE COOPERATIVE'S MEMBERS. 10 10 35 0 0 20606304 20834628 210841 238991 15991 11709 20833136 21085328 0 1362086 1630880 424526 296286 0 0 18755883 18850963 20542495 20778129 290641 307199 53143468 53810031 26665046 26018756 26478422 27791275 TO PROVIDE ELECTRIC ENERGY TO THE COOPERATIVE'S MEMBERS. false false TO PROVIDE ELECTRIC ENERGY TO THE COOPERATIVE'S MEMBERS. false false false false false false false false false true false true false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 71 0 true 35 true false false false false false 20139398 370617 false X 10 10 false false false false true true true true true false false true true true true true true true true false X THE ORGANIZATION 6086343121 110 SAUGSTAD ROAD WESTBY WI 546678426 DAVID DREGNE SECRETARY 3.00 X 9675 0 0 OLE YTTRI DIRECTOR 5.00 X 9450 0 0 RICHARD NEMEC VICE-PRESIDE 5.00 X 9225 0 0 BERNADINE HORNBY PRESIDENT 5.00 X 9000 0 0 DAVID OLSON TREASURER 4.00 X 8850 0 0 ORLAN BAKKUM DIRECTOR 4.00 X 8775 0 0 DENNIS KELBEL DIRECTOR 3.00 X 8775 0 0 DANIEL KORN DIRECTOR 4.00 X 8625 0 0 JAMES GOODMAN DIRECTOR 3.00 X 8550 0 0 JERRY KRAMER DIRECTOR 3.00 X 7300 0 0 JOE MCDONALD CEO/GENERAL 50.00 X 149621 0 96729 CRAIG BUROS DIRECTOR OF 45.00 X 115347 0 41228 353193 137957 2 false true false WRIGHT TREE SERVICE PO BOX 1718 DES MOINES IA 50306 TREE CLEARING 531151 PUSH INC 1100 LINDY STREET RICE LAKE WI 54868 UTILITY CONTRAC 308233 NATIONAL INFORMATION SOLUTIONS COOP ONE INNOVATION CIRCLE LAKE ST LOUIS MO 63367 COMPUTER SOFTWA 165818 VANNGUARD UTILITY PARTNERS INC 13939 OAK BROOK DRIVE URBANDALE IA 50323 UNDERGROUND 100552 4 ELECTRIC REVENUE 20172199 20172199 OTHER REVENUE 662429 662429 20834628 235474 235474 3500 3500 3500 3500 6102 2585 3517 3517 3517 95325 87116 8209 8209 21085328 20183925 901403 1630880 296286 1166712 1800491 COST OF PURCHASED POWER 11869270 DISTRIBUTION - OPERATIONS 1243352 DISTRIBUTION - MAINTENANC 1120592 ADMINISTRATIVE AND GENERA 808039 842507 20778129 0 0 0 208252 177770 106515 22546 2057543 2081672 63247 60778 402840 427238 109775 93677 54382874 13780482 40242234 40602392 8800002 9318407 1153060 1025551 53143468 53810031 1940893 2122901 23623354 23016340 1100799 879515 26665046 26018756 X 4770283 5135716 21708139 22655559 26478422 27791275 53143468 53810031 307199 1005654 X X false true X true false 194522 464106 658628 53724246 13780482 39943764 40602392 INV IN ASSC ORGANIZATIONS 8307769 C RESTRICTED INV- GENERAL PLANT 764767 C OTHER INVESTMENTS 245871 C 9318407 DEFERRED CREDITS 640202 CONSUMER DEPOSITS 198159 CONSUMER ENERGY ADVANCES 41154 879515 X 21081811 21081811 3517 3517 21085328 19143732 19143732 1634397 1634397 20778129 SCHEDULE D, PAGE 3, PART X THE 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 4B LOSS ON SALE OF ASSETS NETTED WITH OTHER DEDUCTIONS 3,517 SCHEDULE D, PAGE 4, PART XII, LINE 4B LOSS ON SALE OF ASSETS NETTED WITH OTHER DEDUCTIONS 3,517 2014 MARGINS ALLOCATED TO MEMBERS 1,630,880 X X X false false false JOE MCDONALD CEO/GENERAL MANAGER 149621 73091 23638 246350 CRAIG BUROS DIRECTOR OF ENGINEER 115347 17944 23284 156575 SCHEDULE J, PAGE 1, PART I, LINE 3 EXPLANATION: 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. FORM 990 FORM 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 6 EXPLANATION: 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 7A EXPLANATION: 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 7B EXPLANATION: 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 11B EXPLANATION: 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 12C A 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 15A EXPLANATION: 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 15B SEE 15A. FORM 990, PAGE 6, PART VI, LINE 19 EXPLANATION: DOCUMENTATION IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 LOSS 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 9 DONATED CAPITAL 75,488 PATRONAGE CAPITAL RETIRED 700,714 FORM 990, PAGE 12, PART XII, LINE 2C EXPLANATION: NO CHANGES HAVE BEEN MADE SINCE PRIOR YEAR.