2014-05-01T13:37:09-05:00 2013-12-31 391277627 BAUMAN ASSOCIATES LTD PO BOX 1225 EAU CLAIRE WI 547021225 990 2013-01-01 390677390 VERNON ELECTRIC COOPERATIVE VERN 6086343121 110 SAUGSTAD ROAD WESTBY WI 546678426 JOE MCDONALD GENERAL MANAGER 6086343121 2014-04-16 GREGORY D MLEZIVA CPA P00004968 7158342001 2013 2015-11-30 17:44:51Z JOE MCDONALD 110 SAUGSTAD ROAD WESTBY WI 546678426 20882728 0 X N/A X 1936 WI PROVIDE ELECTRIC ENERGY TO ITS MEMBERS. 10 10 33 0 0 0 0 0 19659774 20606304 283845 210841 14473 15991 19958092 20833136 0 0 1164447 1362086 266920 424526 0 0 0 18184603 18755883 19615970 20542495 342122 290641 50924977 53143468 25562966 26665046 25362011 26478422 TO PROVIDE ELECTRIC ENERGY TO THE COOPERATIVE'S MEMBERS. 0 0 TO PROVIDE ELECTRIC ENERGY TO THE COOPERATIVE'S MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 1 0 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 0 0 0 1 57 0 1 33 1 0 0 0 0 0 0 0 19829152 2021 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 6086343121 110 SAUGSTAD ROAD WESTBY WI 546678426 ORLAN BAKKUM DIRECTOR 4.00 X 9000 0 0 DAVID DREGNE SECRETARY 2.00 X 9075 0 0 JAMES GOODMAN DIRECTOR 3.00 X 8550 0 0 BERNADINE HORNBY PRESIDENT 4.00 X 9150 0 0 DENNIS KELBEL DIRECTOR 2.00 X 8775 0 0 DANIEL KORN DIRECTOR 4.00 X 8850 0 0 HERBERT KRAMER DIRECTOR 1.00 X 6725 0 0 OLE YTTRI DIRECTOR 3.00 X 7600 0 0 RICHARD NEMEC VICE-PRESIDENT 5.00 X 9525 0 0 DAVID OLSON TREASURER 4.00 X 9025 0 0 GORDON NEMEC DIRECTOR 5.00 X 1550 0 0 JOE MCDONALD GENERAL MANAGER 46.00 X 136751 0 95579 CRIAG BUROS DIRECTOR OF ENGINEERING OPERATIONS 42.00 X 104375 0 44004 328951 0 139583 2 0 1 0 WRIGHT TREE SERVICE PO BOX 1718 DES MOINES IA 50306 TREE CLEARING 455306 PUSH INC 1100 LINDY STREET RICE LAKE WI 54868 UTILITY CONTRACTOR 260972 NATIONAL INFORMATION SOLUTIONS CORP ONE INNOVATION CIRCLE LAKE ST LOUIS MO 63367 COMPUTER SOFTWARE SUPPORT 201626 3 ELECTRIC REVENUE 221000 20606304 19873037 733267 20606304 212862 212862 4567 0 4567 4567 4567 8000 10021 -2021 -2021 -2021 50995 39571 11424 11424 20833136 19882440 0 950696 X 1362086 424526 1214988 1745601 COST OF PURCHASED POWER 12153778 DISTRIBUTION - OPERATIO 1109793 DISTRIBUTION - MAINTENA 1073070 ADMINISTRATIVE AND GENE 629255 829398 20542495 146110 208252 10388 106515 1880912 2057543 65876 63247 492581 402840 88606 109775 52898755 12656521 40006062 40242234 8189884 8800002 44558 1153060 50924977 53143468 1720873 1940893 23475839 23623354 366254 1100799 25562966 26665046 X 0 0 4366145 4770283 20995866 21708139 25362011 26478422 50924977 53143468 X 290641 825770 X X 0 1 X 1 0 194522 464106 658628 52240127 12656521 39583606 40242234 OTHER INVESTMENTS 229487 C INVESTMENTS IN ASSOCIATED ORGANIZATIONS 7890910 C RESTRICTED INVESTMENT - GENERAL PLANT 679605 C 8800002 CONSUMER DEPOSITS 187204 DEFERRED CREDITS 873358 CONSUMER ENERGY ADVANCES 40237 1100799 X 20835157 0 20835157 -2021 -2021 20833136 19182430 0 19182430 1360065 1360065 20542495 PART X, LINE 2: THE COOPERATIVE WILL RECOGNIZE ANY ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED ON THE BASIS OF MONTHLY BILLINGS BASED ON ACTUAL METER READINGS. THE COOPERATIVE'S PREVIOUS THREE TAX YEARS ARE OPEN FOR EXAMINATION BY THE INTERNAL REVENUE SERVICES. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS NETTED WITH OTHER DEDUCTIONS -2,021. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS NETTED WITH OTHER DEDUCTIONS -2,021. 2013 MARGINS ALLOCATED TO MEMBERS 1,362,086. X X X 0 0 0 JOE MCDONALD GENERAL MANAGER 136751 0 0 0 0 0 73495 0 22084 0 232330 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS COMPLETE AN ANNUAL PERFORMANCE REVIEW OF THE GENERAL MANAGER AND USE SEVERAL WAGE COMPARISON DATA TO DETERMINE THE GENERAL MANAGER'S SALARY. DATA SOURCES INCLUDE THE FORM 990 OF OTHER ELECTRIC COOPERATIVES AND THE NRECA COMPENSATION STUDY, WHICH INCLUDES WAGE COMPARISONS BY REGION, STATE, POWER SUPPLIER, AND COOPERATIVE SIZE. FORM 990, PART VI, SECTION A, LINE 6 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, PART VI, SECTION A, LINE 7A 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, PART VI, SECTION A, LINE 7B EACH MEMBER IS ENTITLED TO ONE VOTE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE GENERAL MANAGER AND THE DIRECTOR OF OFFICE SERVICES REVIEWS FORM 990 WITH THE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, 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, PART VI, SECTION B, LINE 15 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, PART VI, SECTION C, LINE 19 DOCUMENTATION IS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 4: 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, PART XI, LINE 9: PATRONAGE CAPITAL RETIRED -598,346. DONATED CAPITAL 62,030. 2013 MARGINS ALLOCATED TO MEMBERS 1,362,086. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE BEEN MADE SINCE PRIOR YEAR.