2013-07-17T08:05:45-05:00 2012-12-31 JOKI MAKELA POLLACK & AHONEN PLLC 301 N SUFFOLK IRONWOOD MI 49938 990 2012-01-01 380895655 ONTONAGON COUNTY RURAL ELECTRIFICATION ASSOCIATION ONTO 9068844151 500 JAMES K PAUL STREET ONTONAGON MI 49953 DEBBIE MILES 9068844151 2013-07-14 WILLIAM J JOKI 9069324430 2013-07-17 2012 2016-02-24 21:20:13Z DEBBIE MILES 500 J K PAUL STREET P O BOX 97 ONTONAGON MI 49953 5700420 false X X 1937 MI PROVIDING ELECTRICITY TO CUSTOMERS IN A RURAL AREA OF MICHIGAN 7 7 15 0 0 5116713 5621137 2784 3449 43478 75834 5162975 5700420 0 0 962484 870991 0 0 4433993 4687181 5396477 5558172 -233502 142248 17618214 17615025 15450045 15314103 2168169 2300922 PROVIDING ELECTRICITY TO CUSTOMERS IN A RURAL AREA OF MICHIGAN false false PROVIDED ELECTRICAL SERVICE TO THE RURAL PORTIONS OF ITS SERVICE AREA COVERING A FIVE COUNTY REGION IN THE UPPER PENINSULA OF MICHIGAN. false false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 10 0 15 true false false false false false false false false false false false 5621137 79283 false X 7 7 false false false false true true true true true false false true true true true false false true true false X X THE ORGANIZATION 9068844151 500 J K PAUL STREET PO BOX 97 ONTONAGON MI 49953 FRANCES WIIDEMAN 5.00 X X 9250 0 0 CALVIN KOSKI 1.00 X X 6325 0 0 PAUL KOSKI 1.00 X 3850 0 0 WAYNE HEIKKINEN 1.00 X 3575 0 0 RANDY MYHREN 1.00 X X 3390 0 0 GEORGE RAJALA 1.00 X 3300 0 0 DAVID ANDERSON 1.00 X 2200 0 0 GORDON JUKURI 1.00 X 2050 0 0 BARBARA BOUWKAMP 1.00 X 2015 0 0 DANIEL SHAMION 1.00 X 1100 0 0 DEBBIE MILES 40.00 X 92009 0 28322 129064 28322 false false false BUGLE CONTRACTING 11880 CO 426 E ROAD 11880 CO 426 E ROAD CORNELL MI 49818 RIGHT OF WAY CL 165772 1 ELECTRICITY AND RELATED SALES 221000 5621137 5621137 5621137 3449 3449 LLC DISTRIBUTIONS 50841 50841 CAPITAL CR & PATRONAGE DIV 24993 24993 75834 5700420 5624586 75834 157386 359667 76139 236076 41723 74892 28224 40859 632996 643318 PURCHASED POWER 2407950 DISTRIBUTION-OPERATION 356886 DISTRIBUTION-MAINTENANCE 208788 PERSONAL PROPERTY TAXES 199544 93724 5558172 0 0 0 400 900 516060 63620 623861 685539 261846 276539 15344 51803 22300626 6575640 15401416 15724986 534340 586473 264947 225165 17618214 17615025 619995 658357 14457152 14306790 372898 348956 15450045 15314103 X 21530 22375 2146639 2278547 2168169 2300922 17618214 17615025 X 142248 -9495 X false true X true false 16493 16493 418211 201755 216456 20738065 6373885 14364180 1127857 1127857 15724986 POST RETIREMENT BENEFITS OBLIGATION 348956 348956 X 5700420 5700420 5700420 5558172 5558172 5558172 LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X THE ASSOCIATION FOLLOWS CURRENT ACCOUNTING STANDARDS FOR ACCOUNTING FOR UNCERTAINTIES IN INCOME TAXES. MANAGEMENT HAS COMPLETED ITS EVALUATION OF UNCERTAINTIES IN INCOME TAXES AND THE ASSOCIATION IS UNAWARE OF ANY TAX POSITIONS THAT WOULD REQUIRE DISCLOSURE. THE FOLLOWING YEARS, BY JURISDICTION, REMAIN SUBJECT TO EXAMINATION: INTERNAL REVENUE SERVICE DECEMBER 31, 2009-2012 STATE OF MICHIGAN DECEMBER 31, 2008-2011 SUPPLEMENTAL FINANCIAL INFORMATION SCHEDULE D, PAGE 4, PART XIII RECONCILIATION OF NET ASSETS REPORTED: TOTAL REVENUES 5,700,420 TOTAL EXPENSES 5,558,172 --------- REVENUES LESS EXPENSES 142,248 NET ASSETS AT JANUARY 1, 2012 2,168,169 MEMBERSHIPS ISSUED 845 CAPITAL CREDITS APPLIED TO BAD DEBTS ( 10,340) --------- NET ASSETS AT DECEMBER 31, 2012 2,300,922 ========= CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE IS AN ELECTRIC COOPERATIVE ORGANIZED WITHOUT CAPITAL STOCK AND THERE IS ONE CLASS OF MEMBERS WITH RESPECT TO VOTING RIGHTS. ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A THE COOPERATIVE MAILS BALLOTS TO ALL MEMBERS RESIDING IN THE DISTRICT FOR WHICH A DIRECTOR IS TO BE ELECTED. EACH MEMBER OF THE DISTRICT MAY VOTE FOR ONE OF THE NOMINEES TO REPRESENT THE DISTRICT. IF THERE IS ONLY ONE PERSON NOMINATED FOR THE POSITION OF BOARD MEMBER FROM A DISTRICT, THAT PERSON SHALL BE DEEMED TO BE ELECTED AND BALLOTS WILL NOT BE MAILED TO THE MEMBERS OF THE DISTRICT. DECISIONS SUBJECT TO APPROVAL OF MEMBERS FORM 990, PAGE 6, PART VI, LINE 7B EACH MEMBER SHALL BE ENTITLED TO ONE VOTE UPON ANY MATTER SUBMITTED TO A VOTE AT A MEETING OF THE GENERAL MEMBERS. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PREPARED BY A CPA FIRM USING INFORMATION PROVIDED BY THE COOPERATIVE WITH THE FINAL FORM REVIEWED BY THE GENERAL MANAGER. A COPY IS PRESENTED TO EACH BOARD MEMBER BEFORE FILING. ENFORCEMENT OF CONFLICTS POLICY 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. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD CONSIDERS VARIOUS FACTORS INCLUDING COMPARISON TO COMPENSATION PAID TO CURRENT AND PREVIOUS MANAGERS, COMPENSATION PAID BY NEIGHBORING COOPERATIVES, EXPERIENCE, TRAINING, EDUCATION AND GENERAL ECONOMIC CONDITIONS IN THE REGION OF THE STATE. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B SAME PROCESS AS THAT OF GENERAL MANAGER. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 EACH NEW MEMBER IS MAILED A COPY OF THE COOPERATIVE'S BY-LAWS. ALL OTHER DOCUMENTATION IS AVAILABLE UPON REQUEST. OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 9 MEMBERSHIPS ADDED 845 CAPITAL CREDITS APPLIED TO BAD DEBTS 10,340 A RECONCILIATION OF CHANGES IN NET ASSETS FOR THE YEAR ENDED DECEMBER 31, 2012 IS EXPLAINED IN DETAIL IN SCHEDULE D, PART XIII.