CASS COUNTY ELECTRIC COOPERATIVE INC: Form 990, tax year 2012
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- Organization
- CASS COUNTY ELECTRIC COOPERATIVE INC (EIN 45-0115790)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-06-21
- IRS object ID
- 201311729349300406
- Schema version
- 2012v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-06-21T08:34:20-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450250958 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4310 17TH AVE S PO BOX 2545 | AddressLine1 |
| City | FARGO | City |
| State | ND | State |
| ZIP Code | 581082545 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450115790 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cass County Electric Cooperative Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CASS | NameControl |
| Phone | 7013564400 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3312 42nd Street S No 200 | AddressLine1 |
| City | Fargo | City |
| State | ND | State |
| ZIP Code | 58104 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Chad Sapa | Name |
| Title | CFO | Title |
| Phone | 7013564400 | Phone |
| Date Signed | 2013-05-29 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LISA CHAFFEE CPA | Name |
| PTIN | P00193453 | PTIN |
| Phone | 7012398500 | Phone |
| Date Prepared | 2013-05-29 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Chad Sapa | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3312 42nd Street S No 200 | AddressLine1 |
| City | Fargo | City |
| State | ND | State |
| ZIP Code | 58104 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 101373448 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.kwh.com | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1937 | YearFormation |
| State Legal Domicile | ND | StateLegalDomicile |
| Activity Or Mission Description | Meet our members' needs with excellent service consisting of reliable and affordable energy | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 114 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 23517 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 93448182 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 100404820 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 340939 | InvestmentIncomePriorYear |
| Investment Income Current Year | 449239 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 22967 | OtherRevenuePriorYear |
| Other Revenue Current Year | 69294 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 93812088 | TotalRevenuePriorYear |
| Total Revenue Current Year | 100923353 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 78466 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 79710 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 2652703 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 6422105 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 9558160 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 9700714 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 81056726 | OtherExpensePriorYear |
| Other Expenses Current Year | 84107470 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 93346055 | TotalExpensesPriorYear |
| Total Expenses Current Year | 100309999 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 466033 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 613354 | RevenuesLessExpensesCY |
| Total Assets BOY | 186480857 | TotalAssetsBOY |
| Total Assets EOY | 197572662 | TotalAssetsEOY |
| Total Liabilities BOY | 121295474 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 124431936 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 65185383 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 73140726 | NetAssetsOrFundBalancesEOY |
| Mission Description | The mission of Cass County Electric Cooperative is to meet our members' energy needs with excellent service consisting of reliable and affordable electricity while upholding our core values of integrity, innovation, accountability and commitment to community. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | Sale of electric energy to 38,013 accounts at year end 2012. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 256 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 114 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Gross Income From Members | 104863275 | GrossIncomeFromMembers |
| Gross Income Other Sources | 1224847 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Chad Sapa | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7013564400 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3312 42nd St S Ste 200 | AddressLine1 |
| City | Fargo | City |
| State | ND | State |
| ZIP Code | 58104 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| Wendy Loucks | |||||||||
| Chairman | 7.30 | 0.10 | X | X | 12329 | 0 | 0 | ||
| Russell Berg | |||||||||
| Vice Chairman | 5.80 | 0.10 | X | X | 13379 | 0 | 0 | ||
| John Froelich | |||||||||
| Secretary | 4.20 | 0.10 | X | X | 11026 | 0 | 0 | ||
| Sid Berg | |||||||||
| Treasurer | 4.60 | 0.10 | X | X | 9829 | 0 | 0 | ||
| Douglas Anderson | |||||||||
| Director | 5.60 | 0.10 | X | 11829 | 0 | 0 | |||
| Steve Swiontek | |||||||||
| Director | 2.80 | 0.10 | X | 8979 | 0 | 0 | |||
| William Bertram | |||||||||
| Director (Jan-Mar) | 3.60 | 0.10 | X | 2771 | 0 | 0 | |||
| Robert Huether | |||||||||
| Director | 9.50 | 0.10 | X | 8976 | 0 | 0 | |||
| Jeffrey Triebold | |||||||||
| Director | 4.80 | 0.10 | X | 10329 | 0 | 0 | |||
| Marcy Svenningsen | |||||||||
| Director (April-Dec) | 6.70 | 0.10 | X | 9698 | 0 | 0 | |||
| Scott Handy | |||||||||
| CEO | 43.40 | X | 217591 | 0 | 154062 | ||||
| Chad Sapa | |||||||||
| CFO | 45.10 | X | 210776 | 0 | 77391 | ||||
| Tim Sanden | |||||||||
| CIO/VP Info Tech | 42.40 | 153148 | 0 | 99987 | X | ||||
| Marshal Albright | |||||||||
| VP of Member & Energy Svcs | 41.90 | 131072 | 0 | 94580 | X | ||||
| Bradley Schmidt | |||||||||
| VP Engineering & Operations | 42.50 | 154016 | 0 | 29337 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 965748 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 455357 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| MPM Construction | |||||
| PO Box 202 | Horace | ND | 58047 | Electrical Contractor | 1457817 |
| Jerry's Excavating | |||||
| PO Box 809 | Casselton | ND | 58012 | Electrical Contractor | 717651 |
| Martin Engineering | |||||
| 20997 Co Hwy 20 | Pelican Rapids | MN | 56572 | Electrical Contractor | 374814 |
| Carr's Tree Service | |||||
| PO Box 250 | Ottertail | MN | 56571 | Tree Clearing | 351361 |
| Moritz Excavating | |||||
| 1114 10th St SW | Valley City | ND | 58072 | Electrical Contractor | 270944 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 8 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Sale of Electricity | 221000 | 99571139 | 99571139 |
| Capital Credits | 221000 | 833681 | 833681 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 100404820 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 447638 | TotalRevenueColumn |
| Exclusion | $447,638 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 439654 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 348014 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 91640 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 91640 | TotalRevenueColumn |
| Unrelated Business Revenue | 45863 | UnrelatedBusinessRevenue |
| Exclusion | $45,777 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 1601 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 1601 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1601 | TotalRevenueColumn |
| Exclusion | $1,601 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 79735 | GrossSalesOfInventory |
| Cost Of Goods Sold | 102081 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -22346 | TotalRevenueColumn |
| Unrelated Business Revenue | -22346 | UnrelatedBusinessRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 100923353 | TotalRevenueColumn |
| Related Or Exempt Function Income | 100404820 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 23517 | UnrelatedBusinessRevenue |
| Exclusion | $495,016 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 79710 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6422105 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 888759 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6863636 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1540924 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 407395 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4548480 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5854708 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| Cost of Power | 71473515 |
| Distribution | 5433850 |
| Administrative and Gene | 2899874 |
| Customer Service & Sale | 2531041 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -8633998 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100309999 | Total |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5593654 | BOY |
| EOY | 8452111 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10774768 | BOY |
| EOY | 10934917 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1706 | BOY |
| EOY | 1657 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1317651 | BOY |
| EOY | 2105899 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2493057 | BOY |
| EOY | 2736443 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 207944979 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 49737830 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 149139506 | BOY |
| EOY | 158207149 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2068826 | BOY |
| EOY | 6513681 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7549963 | BOY |
| EOY | 1412973 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7483763 | BOY |
| EOY | 7137717 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57963 | BOY |
| EOY | 70115 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 186480857 | BOY |
| EOY | 197572662 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12190570 | BOY |
| EOY | 12968443 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 152046 | BOY |
| EOY | 208960 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12107 | BOY |
| EOY | 12730 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105530857 | BOY |
| EOY | 107481277 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3409894 | BOY |
| EOY | 3760526 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121295474 | BOY |
| EOY | 124431936 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6923092 | BOY |
| EOY | 8831426 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58262291 | BOY |
| EOY | 64309300 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 65185383 | BOY |
| EOY | 73140726 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 186480857 | BOY |
| EOY | 197572662 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 613354 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 23164 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 7318825 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
| Explanation In Part XIII | X | ExplanationInPartXIII |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 610710 | OtherCostOrOtherBasis |
| Book Value | 610710 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15567797 | OtherCostOrOtherBasis |
| Depreciation | 4086759 | Depreciation |
| Book Value | 11481038 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 185284003 | OtherCostOrOtherBasis |
| Depreciation | 45651071 | Depreciation |
| Book Value | 139632932 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6482469 | OtherCostOrOtherBasis |
| Book Value | 6482469 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 158207149 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Customer Deposits | $778,410 |
| Other Liabilities | $876,927 |
| Installation Costs of Equip | $384,585 |
| Postretirement Benefits | $1,720,604 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3760526 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 103569651 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 23164 | NetUnrealizedGainsInvestments |
| Other Revenues | 2585163 | OtherRevenues |
| Revenue Not Rptd F990 | 2608327 | RevenueNotRptdF990 |
| Revenue Subtotal | 100961324 | RevenueSubtotal |
| Other Revenues Not Included | -37971 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -37971 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 100923353 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 93925865 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 37971 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 37971 | ExpensesNotRptdF990 |
| Expenses Subtotal | 93887894 | ExpensesSubtotal |
| Other Expenses Not Included | 6422105 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 6422105 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 100309999 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part IV, Line 2b: | The members of the Cooperative can elect to round up their monthly electric bill to the next dollar. These funds collected from the membership are held in a Cooperative account until they are released to the SERVE Foundation. These funds are transferred directly to the SERVE Foundation on a monthly basis. Funds that exist at the end of year are a result of a timing difference in the receipt of the funds and the release of them to the SERVE Foundation. For the year ended December 31, 2012 the account held $12,730. | |
| Part X, Line 2: | The Cooperative is exempt from income taxes. The Cooperative has adopted the provisions of Accounting and Standards Codification (ASC) 740-10. As of December 31, 2012, the unrecognized tax benefit accrual was zero. The Cooperative will recognize future accrued interest and penalties related to unrecognized tax benefits in income tax expense if such penalties and interest are incurred. Under normal circumstances, the Cooperative is no longer subject to Federal tax examinations by tax authorities for years before 2009 and state examinations for years before 2009. The Cooperative undergoes an annual analysis of various tax positions, assessing the likelihood of those positions being upheld upon examination with relevant tax authorities, as defined by ASC 740-10. | Description of Uncertain Tax Positions Under FIN 48: |
| Equity Earnings from SERVE Co. 2,585,163. | Part XI, Line 2d - Other Adjustments: | |
| Dispatch Expenses Reclassed To Part VIII, Line 10b -37,971. | Part XI, Line 4b - Other Adjustments: | |
| Dispatch Expenses Reclassed To Part VIII, Line 10b 37,971. | Part XII, Line 2d - Other Adjustments: | |
| Patronage Capital Credits Allocated During Current Year 6,422,105. | Part XII, Line 4b - Other Adjustments: |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| ND Chapter of Dollars for Scholars | |||||||
| PO Box 5509 | Bismarck | ND | 58501 | 371517987 | 501(c)(3) | 7000 | Education |
| Greater Fargo-Moorhead Economic Development Corporation | |||||||
| 51 Broadway Suite 500 | Fargo | ND | 58102 | 456011769 | 501(c)(3) | 50000 | Local Economic Growth |
| State Historical Society of ND | |||||||
| 612 E Boulevard | Bismarck | ND | 58505 | 237305181 | 501(c)(3) | 5375 | Community Support |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 3 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: The organization receives notification from ND Dollars for Scholars of the scholarship recipients. The organization is a member in the Greater Fargo-Moorhead Economic Development Corporation. They receive reports as to how the grant money is spent by the GFMEDC and the State Historical Society of North Dakota. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scott Handy | ||||||||||||||
| CEO | 207012 | 0 | 2130 | 0 | 8449 | 0 | 137697 | 0 | 16365 | 0 | 371653 | 0 | 0 | 0 |
| Chad Sapa | ||||||||||||||
| CFO | 155475 | 0 | 39359 | 0 | 15942 | 0 | 59942 | 0 | 17695 | 0 | 288413 | 0 | 0 | 0 |
| Tim Sanden | ||||||||||||||
| CIO/VP Info Tech | 127645 | 0 | 19173 | 0 | 6330 | 0 | 83599 | 0 | 16610 | 0 | 253357 | 0 | 0 | 0 |
| Marshal Albright | ||||||||||||||
| VP of Member & Energy Svcs | 105853 | 0 | 15530 | 0 | 9689 | 0 | 80711 | 0 | 14066 | 0 | 225849 | 0 | 0 | 0 |
| Bradley Schmidt | ||||||||||||||
| VP Engineering & Operations | 130573 | 0 | 19679 | 0 | 3764 | 0 | 12618 | 0 | 16719 | 0 | 183353 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplemental Information | Identifier |
| Return Reference | Part III | ReturnReference |
| Explanation | Schedule J, Part II, Column C, Deferred Compensation: Included in other compensation is the estimated current year increase in the actuarial value of the defined benefit plan. These amounts do not represent any current year contributions to the plan. They are estimates of the increase in the actuarial value of the plans received from the NRECA. The current year expense and the increase in actuarial value for each employee are reflected in the statement for Form 990, Part VII, Column f. | Explanation |
Schedule L IRS990ScheduleL
Loan Table LoanTable (3 entries)
| Purpose Of LoanPurposeOfLoan | Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| Scott Handy | ||||||
| Computer Loan | X | $613 | 349 | 0 | 1 | 1 |
| Marshal Albright | ||||||
| Computer Loan | X | $769 | 223 | 0 | 1 | 1 |
| Sid Berg | ||||||
| Computer Loan | X | $1,135 | 1085 | 0 | 1 | 1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 1657 | TotalBalanceDue |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (13 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section A, line 2 | All board members have a business relationship as they all serve on the board of a related organization which is taxable as a corporation. | |
| Form 990, Part VI, Section A, line 6 | CCEC has one class of members. A person is eligible to become a member of the cooperative effective the date the person initially uses or requests to use electric service and meets the requirements set forth in Article I of the Cooperative's Bylaws. | |
| Form 990, Part VI, Section A, line 7a | One member, one vote. CCEC members have the right and authority to elect the Board of Directors. Three directors stand for election each year at the annual business meeting. Members also have the right to request a special meeting of the membership when the request is based on valid member demand. Members may consider, vote or act upon other matters as provided by applicable laws. | |
| Form 990, Part VI, Section A, line 7b | CCEC membership has the right and authority to have the final decision role on the following matters: **The disposition of cooperative assets if the proposed sale is over 5% of total assets during a 12-month period. No less than two-thirds of the entire membership must approve the proposed transfer. **A proposed merger or consolidation; a majority of the members present and voting in person at the member meeting must approve the consolidation or merger. | |
| Form 990, Part VI, Section A, line 8b | The Board of Directors is the sole body with governing authority over the Cooperative. All committees serve in an advisory capacity. Appropriate records are maintained of proceedings at all governance meetings as well as its advisory standing committees. | |
| Form 990, Part VI, Section B, line 11 | Board policy 202 - Tax Status/Reporting establishes that: following the initial preparation of the draft Form 990, the CFO and President/CEO must review the report and submit it to the Board of Directors for approval. The Board must approve the completed Form 990 before it is filed. | |
| Form 990, Part VI, Section B, line 12c | CCEC Policy 110 - Conflict of Interest - requires Directors and employees of the Cooperative to disclose annually: **The receipt of any gifts, fees, loans or favors with a value in excess of $100 **Any business transaction that may be considered in competition with the cooperative or deemed a conflict of interest **The policy also prohibits the use of non-public corporate information for financial or business opportunity benefit. ***Action: Should a conflict be disclosed the board must provide the director an opportunity to comment orally and in writing regarding the information or fact before making a determination. If the board determines that a director is not in compliance with the policy the board will act appropriately including the possibility of sanction, disqualification and/or removal. Legal counsel reviews disclosures. Individuals with a conflict must abstain from voting. | |
| Form 990, Part VI, Section B, line 15a | At the board reorganization meeting held annually, the board reviews director compensation and benefits. The next review of director compensation will be done in April 2013. The most current NRECA Director Compensation Survey is provided for review. Note: this survey is done every other year (most current 2011) and was provided to the board in April 2012. A new survey will be conducted in 2013. A CEO evaluation of compensation is done annually by the Board of Directors during an executive session; the CEO is not present during the meeting. As established by Board Policy 105.4, the Board Compensation Committee collects, verifies and analyzes comparative data on compensation which is then provided and reviewed by the board (executive session minutes are kept by legal counsel). The board Chairman is responsible for discussing the outcome of the evaluation with the CEO. The last CEO evaluation occurred in November 2012. An annual performance appraisal is required for all employees; the appraisals on top management personnel are completed by the President/CEO in accordance with Board Policy 224. Local, regional and national wage and salary data is used to determine the wage scale, which is approved annually by the Board of Directors. | |
| Form 990, Part VI, Section C, line 19 | The Cooperative's Bylaws and Articles of Incorporation are posted on the website (www.kwh.com). A paper copy is made available to any member upon request. The financial statements are mailed to all members of the Cooperative in the annual report issue of Cooperative's official newsletter, The Highline Notes. The Conflict of Interest Policy is available to the public upon request. | |
| Form 990, Part IX, Functional Expense, Line 24e | The salaries, pension, and payroll taxes reported on lines 5-10 are already included in distribution expense, administrative & general expense and customer expense. Therefore, these amounts are being subtracted out as an other deduction on line 24e in the amount of $(9,700,714). | Other Expenses |
| Form 990, Part IX, Functional Expense, Line 4 | The Cooperative has interpreted the instructions to Part IX, Line 4, to mean patronage capital allocated for the year, rather than patronage capital retired. This is consistent with the Bylaws of the Cooperative. | Benefits Paid to Members |
| Form 990, Part XI, line 9: | Retired Capital Credits to Patrons -1,688,443. Equity Earning From SERVE Co. 2,585,163. Patronage Capital Credits Allocated During Current Year 6,422,105. | Changes in Net Assets or Fund Balances: |
| Form 990, Part VII, Column F, Estimated Amount of Other Compensation - Included in deferred compensation is the current year estimated increase in the actuarial value of the defined benefit plan for the following employees: Scott Handy $126,891, Chad Sapa $49,455, Marshal Albright $74,304, Tim Sanden $75,941. These amounts are estimates in the increase of the value of the plan and are not current year expenses of the Cooperative. The current year expense for this defined benefit plan are as follows: Scott Handy $53,358, Chad Sapa $40,719, Marshal Albright $27,772, Tim Sanden $34,400. Because Part IX, line 5 captures only the current year expense of the defined benefit plan of the Cooperative, the compensation in Part IX, line 5 is less than that reported in Part VII. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Southeast Rural Vision Enterprises Co | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4100 32nd Ave South | AddressLine1 |
| City | Fargo | City |
| State | ND | State |
| ZIP Code | 581048608 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450436356 | EIN |
| Primary Activity | Merchandise Sales, Generator Leasing | PrimaryActivity |
| Legal Domicile State | ND | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cass County Electric Cooperative Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | 12735441 | ShareOfTotalIncome |
| Share Of EOY Assets | 2091755 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Controlled Org | 1 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Southeast Rural Vision Enterprises Co | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | S | TransactionType |
| Amount Involved | 3750000 | AmountInvolved |
| Method Of Amt Determination | Actual Distribution | MethodOfAmtDetermination |
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