2014-08-01T13:42:49-07:00 2013-12-31 990 2013-01-01 840248168 LA PLATA ELECTRIC ASSOCIATION INC LAPL 9703823584 PO Box 2750 Durango CO 813022750 Dennis Svanes CFO 9703823589 2014-05-14 2013 2015-11-30 17:44:51Z Greg Munro PO Box 2750 Durango CO 81302 110743551 0 X www.lpea.coop X 1939 CO To provide our members with safe, reliable electricity at the lowest reasonable cost while being environmentally responsible. 12 12 116 0 -64963 0 100000 0 97706702 104424991 597786 992192 737497 5190477 99141985 110607660 0 0 1672603 1767312 897201 1097012 0 0 0 96572181 100358451 99141985 103222775 0 7384885 315037167 318594843 190960093 190019255 124077074 128575588 To provide our members with safe, reliable electricity at the lowest reasonable cost while being environmentally responsible. 0 0 LPEA is an electric distribution system; as of December 31, 2013, LPEA had 44,718 services in place and 3,621 miles of line. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 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 1 0 1 178 0 1 116 1 0 0 0 0 0 104572691 6034969 0 X 12 12 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 1 1 X Dennis Svanes 9702475786 45 Stewart Street Durango CO 81302 Davin Montoya President 7.00 0 X 16800 0 0 Heather Erb Vice President 7.00 0 X 16800 0 0 Joseph Wheeling Treasurer 7.00 5 X 15200 34280 0 Hollis K Fox Secretary 7.00 0 X 17400 0 0 Robert Formwalt Director 7.00 0 X 17000 0 0 Mark Garcia Director 7.00 0 X 10200 0 0 Tom Compton Director 7.00 0 X 16600 0 0 Jerry McCaw Director 7.00 0 X 16200 0 0 Jeffrey A Berman Director 7.00 5 X 18800 0 0 Britt Bassett Director 7.00 0 X 16000 0 0 Michael Rendon Director 7.00 0 X 11600 0 0 Jack Turner Director 7.00 0 X 11400 0 0 Greg Munro Exec Director/CEO 60 10 X X 214181 0 21069 Dennis Svanes CFO 50 0 X X 162898 0 17820 Mark Schwantes Manager of Corporate Services 50 0 X 144849 0 14850 Ron Meier Manager of Engineering 50 0 X 144123 0 14850 Steve Gregg Manager of Operations 50 0 X 135665 0 14850 Jerry Sutherlin Journeyman Lineman 40 0 X 122071 0 8402 Daniel Harms Systems Engineer 40 0 X 121295 0 12826 1229082 34280 104667 20 0 1 0 Forestry Specialists 4285 County Road 141 Durango CO 81303 Tree Trimming 849737 Reliable Power Consultants 1001 A East Harmony Road 143 Fort Collins CO 80525 Consulting Services 471887 Richardson Construction 3940 County Rd 119 Hesperus CO 81326 Construction Services 288605 Maynes Bradford Shipps and Sheftel PO Box 2717 Durango CO 81302 Legal 206709 La Plata Service Associates LLC 485 Florida Rd B13 Durango CO 81301 Meter Reading 185881 6 0 Operating Revenue and Patronage Capital 221000 104424991 104424991 0 0 0 0 0 0 104424991 992192 0 0 992192 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 283591 135891 147700 147700 0 0 Gain / Loss from Subsidiaries 900003 -64963 0 -64963 0 Generation and Transmission Capital Credits 221000 4660914 4660914 0 0 Other Capital Credits, Patronage Dividends, and Revenue 221000 446826 446826 0 0 0 0 0 0 5042777 110607660 109680431 -64963 992192 X 0 0 0 1767312 1097012 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5164758 0 9217508 0 Cost of Purchased Power 72789645 Other Deductions 96200 Transmission & Distribution 8750865 General & Administrative 4339475 103222775 0 0 0 5327462 12948752 31275192 25788634 0 12800931 13527044 0 0 724017 1640701 2323674 775232 406762 282839820 99172113 188121614 183667707 0 0 75096035 78821910 0 0 0 0 0 386343 315037167 318594843 7087946 7921718 0 0 0 0 0 134520726 141587506 0 49351421 40510031 190960093 190019255 X 0 0 0 0 124077074 128575588 124077074 128575588 315037167 318594843 X 7384885 0 0 0 0 -2886371 X 0 1 1 0 3335669 0 3335669 7395779 0 7395779 0 0 0 0 0 15433950 0 12113621 3320329 256674422 0 79662713 177011709 183667707 0 C 0 C Investment in Subsidiary Companies 3917680 C Investment in Associated Organization - Patronage Capital 72579796 C Investment in Associated Organizations - Other - Nongeneral Funds 2172096 C Other Investment - Pathnet 152338 F 78821910 0 Consumers Deposits 1065954 Other Current and Accrued Liabilities 5121504 Other Deferred Credits 34322573 40510031 110607660 0 0 0 0 0 110607660 0 0 0 110607660 103222775 0 0 0 0 0 103222775 0 0 0 103222775 1 LPEA Round Up Foundation PO Box 2750 Durango CO 81302 841327921 50000 Support the LPEA Round UP Foundation mission. 4Core 10 Town Plaza Unit 190 Durango CO 81301 111111111 20000 To support the 4Core mission. Fort Lewis College 1000 Rim Drive Durango CO 81301 222222222 20000 To support the Fort Lewis College mission. Boys and Girls Club of La Plata County 2750 Main Ave Durango CO 81301 444444444 10400 To support the mission of the Boys and Girls Club Pine River Community Learning Center 535 Candelaria Dr Ignacio CO 81137 333333333 19500 To support the mission of the Pine River Community Learning Center. Ignacio School District PO Box 460 Ignacio CO 81137 555555555 15000 To support the mission of the Ignacio School District. Southwest Colorado Small Business Development 1000 Rim Drive Durango CO 81301 666666666 10216 To support the mission of the Southwest Colorado Small Business development center. 13 0 Schedule I, Part I, Line 2 LPEA maintains proper records regarding grants and assistance. X X 1 1 X X X X 0 0 0 Greg Munro Exec Director/CEO 214181 0 0 0 3982 0 21069 0 0 0 239232 0 22008 0 Dennis Svanes CFO 159406 0 3492 0 6546 0 17820 0 0 0 187264 0 17642 0 Schedule J, Part I, Line 1a The spouse is allowed to travel with the CEO on business travel up to four trips per year for NRECA, CREA, and CFC funtions. Also, LPEA will pay a portion of health club dues for all employees. Schedule J, Part I, Line 3 An independent third party provides salary comparison reports from data gathered from other similar cooperatives. All compensation changes are reviewed and approved by the Executive Committee; the Board of Directors give final approval. Annual contracts are signed, and documentation of the discussion is noted in the Board of Director minutes. Tri-State Generation & Transmission Association Inc Joseph Wheeling 69768065 Power Supplier 0 Western United Robert Formwalt - Director 2655247 Electrical Supplies 0 Western Energy Services of Durango Jerry McCaw - Director 511710 Line Construction 0 Western Energy Services of Durango Davin Montoya - Director 511710 Line Construction 0 Colorado Rural Electric Association Jeff Berman - Director 200351 Electric Coop Support Organization 0 Form 990, Part VI, Section A, Line 6 LPEA is a member owned cooperative. Form 990, Part VI, Section A, Line 7a All directors on the Board are elected by a majority vote of the cooperative's member-owners. Form 990, Part VI, Section B, Line 11b The Form 990 is prepared by the Financial Controller. It is then reviewed by the Chief Financial Officer and the Chief Executive Officer. Only after approval by the CFO and CEO is the Form 990 filed. Form 990, Part VI, Section B, Line 12c Officers, directors, trustees, and key employees discuss any conflicts of interest annually. Form 990, Part VI, Section B, Line 15 An independent third party provides salary compensation reports from data gathered from similar cooperatives. All compensation changes are reviewed and approved by the Executive Committee; the Board of Directors give final approval. Annual contracts are signed, and documentation of the discussion is noted in the Board of Director minutes. Form 990, Part VI, Section C, Line 19 Several documents are available on the LPEA website, www.lpea.coop. Any documents not available on the website are provided upon request. Form 990, Part IX, Line 11g Payments made to non-employees during 2013 that was reported in Box 7 of issued 1099-MISC forms that was not included in other Line 11 items above. Form 990, Part XI, Line 9 Allocation and retirement of Patronage Capital in 2013. Western Energy Services of Durango Inc 361 S Camino Del Rio Durango CO 81303 841497589 Line Maintenance and Installation CO N/A C -354133 0 1 0 FastTrack Communications 779 Tech Center Drive Durango CO 81301 841610295 Telecommunications for Business CO N/A C 289171 3917680 0.7625 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 Western Energy Services of Durango Inc r 511710 Amount determined through Accounts Payable records FastTrack Communications r 22587 Amount determined through Accounts Payable records Western Energy Services of Durango Inc r 749017 Amount determined through Line of Credit records Western Energy Services of Durango Inc s 1712 Amounts determined through Accounts Receivable and Miscellaneous Receivable records FastTrack Communications s 22987 Amount determined through Accounts Receivable and Miscellaneous Receivable records.