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MIENERGY COOPERATIVE: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
MIENERGY COOPERATIVE (EIN 41-0254835)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-09-15
IRS object ID
201322609349300612
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

FieldValueIRS element (for citing)
Timestamp2013-09-15T10:56:58-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN450250958EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1EIDE BAILLY LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1200 EAST 10TH ST PO BOX 5125AddressLine1
CitySIOUX FALLSCity
StateSDState
ZIP Code571175125ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN410254835EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1TRI-COUNTY ELECTRIC COOPERATIVEBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlTRICNameControl
Phone5078647783Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line131110 COOPERATIVE WAY PO BOX 626AddressLine1
CityRUSHFORDCity
StateMNState
ZIP Code55971ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameBRIAN KRAMBEERName
TitlePRESIDENT/CEOTitle
Phone5078647783Phone
Date Signed2013-09-04DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameLAURIE HANSONName
PTINP00851848PTIN
Phone6053391999Phone
Date Prepared2013-09-04DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonBRIAN KRAMBEERNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line131110 COOPERATIVE WAY PO BOX 626AddressLine1
CityRUSHFORDCity
StateMNState
ZIP Code55971ZIPCode
FieldValueIRS element (for citing)
Gross Receipts40462467GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteWWW.TEC.COOPWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1936YearFormation
State Legal DomicileMNStateLegalDomicile
Activity Or Mission DescriptionTO DELIVER HIGH-QUALITY ENERGY SERVICES AT REASONABLE PRICES AND MAXIMIZE VALUE TO OUR MEMBERS.ActivityOrMissionDescription
Nbr Voting Members Governing Body7NbrVotingMembersGoverningBody
Nbr Independent Voting Members7NbrIndependentVotingMembers
Total Nbr Employees56TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI13693TotalGrossUBI
Net Unrelated Business Txbl Income11154NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year0ContributionsGrantsPriorYear
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year37790604ProgramServiceRevenuePriorYear
Program Service Revenue CY39615214ProgramServiceRevenueCY
Investment Income Prior Year831482InvestmentIncomePriorYear
Investment Income Current Year446985InvestmentIncomeCurrentYear
Other Revenue Prior Year35822OtherRevenuePriorYear
Other Revenue Current Year23796OtherRevenueCurrentYear
Total Revenue Prior Year38657908TotalRevenuePriorYear
Total Revenue Current Year40085995TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year17250GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY16614GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year1599356BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY2587201BenefitsPaidToMembersCY
Salaries Etc Prior Year4311762SalariesEtcPriorYear
Salaries Etc Current Year4430667SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year32039765OtherExpensePriorYear
Other Expenses Current Year32986746OtherExpensesCurrentYear
Total Expenses Prior Year37968133TotalExpensesPriorYear
Total Expenses Current Year40021228TotalExpensesCurrentYear
Revenues Less Expenses Prior Year689775RevenuesLessExpensesPriorYear
Revenues Less Expenses CY64767RevenuesLessExpensesCY
Total Assets BOY89364985TotalAssetsBOY
Total Assets EOY88330512TotalAssetsEOY
Total Liabilities BOY54819310TotalLiabilitiesBOY
Total Liabilities EOY52000090TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY34545675NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY36330422NetAssetsOrFundBalancesEOY
Mission DescriptionTO DELIVER HIGH-QUALITY ENERGY SERVICES AT REASONABLE PRICES AND MAXIMIZE VALUE TO OUR MEMBERS CONSISTENT WITH THE WISE USE OF RESOURCES.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
DescriptionPROVIDED ELECTRIC SERVICE TO APPROXIMATELY 10,866 MEMBERS AND MAINTAINED 3,339 MILES OF LINES.Description
Described In501 C30DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest1ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp1OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109638NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees56NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income1UnrelatedBusinessIncome
Form990-T Filed1Form990-TFiled
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Gross Income From Members38217388GrossIncomeFromMembers
Gross Income Other Sources842677GrossIncomeOtherSources
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members7NbrVotingGoverningBodyMembers
Number Independent Voting Members7NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders1MembersOrStockholders
Election Of Board Members1ElectionOfBoardMembers
Decisions Subject To Approval1DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees0MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture1InvestmentInJointVenture
Written Policy Or Procedure1WrittenPolicyOrProcedure
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1BRIAN KRAMBEERBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number5078647783TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line131110 COOPERATIVE WAYAddressLine1
CityRUSHFORDCity
StateMNState
ZIP Code55971ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (9 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
JENNIFER SCHARMER
CHAIR12.00XX1765400
RONALD STEVENS
VICE CHAIR8.00XX1805900
ROGER HEGLAND
DIRECTOR/SECRETARY/TREASURER7.00XX1627900
T ALLEN AARSVOLD
SECRETARY/TREASURER (UNTIL MAY 2012)7.00XX590000
BETH OLSON
DIRECTOR (NEW MAY 2012)11.00X1250900
JEFFREY REDALEN
DIRECTOR8.00X1355900
DONALD PETERSEN
DIRECTOR10.00X1655900
PATTY VANGUNDY
DIRECTOR6.00X1040900
BRIAN KRAMBEER
PRESIDENT/CEO30.00X104344070067
FieldValueIRS element (for citing)
Total Reportable Comp From Org215272TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation70067TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources1CompensationFromOtherSources

Contractor Compensation ContractorCompensation (4 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
PUSH INC
PO BOX 72RICE LAKEWI54868URD LINE CONSTRUCTION665404
ELITE TREE INC
1402 WASHINGTON STREETPELLAIA50219LINE CLEARANCE399029
STAR ENERGY SERVICES
6875 COUNTY RD 28ALEXANDRIAMN56308ENGINEERING SERVICES322186
NORBY TREE SERVICE
39520 120TH STREETMABELMN55954LINE CLEARANCE108254
FieldValueIRS element (for citing)
Number Of Contractors GT100 K4NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
SALE OF POWER2210003821738838217388
CAPITAL CREDITS22100013978261397826
FieldValueIRS element (for citing)
Total Program Service Revenue39615214TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column456475TotalRevenueColumn
Exclusion$456,475ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Other8688Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Other18178Other

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Other-9490Other

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column-9490TotalRevenueColumn
Related Or Exempt Function Income-9490RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Gross Sales Of Inventory367788GrossSalesOfInventory
Cost Of Goods Sold358294CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column9494TotalRevenueColumn
Related Or Exempt Function Income10103RelatedOrExemptFunctionIncome
Unrelated Business Revenue-609UnrelatedBusinessRevenue

Other Revenue Misc OtherRevenueMisc

FieldValueIRS element (for citing)
DescriptionEARNINGS FROM PASSTHROUGHDescription
Business Code221000BusinessCode
Total Revenue Column14302TotalRevenueColumn
Unrelated Business Revenue14302UnrelatedBusinessRevenue
FieldValueIRS element (for citing)
Total Other Revenue14302TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column40085995TotalRevenueColumn
Related Or Exempt Function Income39615827RelatedOrExemptFunctionIncome
Unrelated Business Revenue13693UnrelatedBusinessRevenue
Exclusion$456,475ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total16614Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total2587201Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total253440Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total3301230Total

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total687723Total

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total188274Total

Interest Interest

FieldValueIRS element (for citing)
Total2335743Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total2814785Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotal
UBI TAXES6403
COST OF POWER25498289
DISTRIBUTION-OPERATIONS2018430
DISTRIBUTION-MAINTENANC1922237

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total-1609141Total

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total40021228Total

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY6431577BOY
EOY1650271EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
EOY408963EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY3711820BOY
EOY3656720EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY52691BOY
EOY59594EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY993743BOY
EOY873754EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY177052BOY
EOY363916EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis90469767LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec23197299LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY65010440BOY
EOY67272468EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY12987662BOY
EOY14035053EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY0BOY
EOY9773EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY89364985BOY
EOY88330512EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY4244321BOY
EOY4080131EOY

Escrow Account Liability EscrowAccountLiability

FieldValueIRS element (for citing)
EOY610EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY47778461BOY
EOY45783019EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY1800000BOY
EOY1800000EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY996528BOY
EOY336330EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY54819310BOY
EOY52000090EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY34545675BOY
EOY36330422EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY34545675BOY
EOY36330422EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY89364985BOY
EOY88330512EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses64767ReconcilationRevenueExpenses
Reconcilation Other Changes1719980ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement SeparateXFinancialStatementSeparate
FieldValueIRS element (for citing)
Audit Committee0AuditCommittee
Federal Grant Audit Required1FederalGrantAuditRequired
Federal Grant Audit Performed1FederalGrantAuditPerformed

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtc
Included On FS1IncludedOnFS
Explanation In Part XIIIXExplanationInPartXIII

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis435417OtherCostOrOtherBasis
Book Value435417BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis5129193OtherCostOrOtherBasis
Depreciation3128329Depreciation
Book Value2000864BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis84414108OtherCostOrOtherBasis
Depreciation20068970Depreciation
Book Value64345138BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis491049OtherCostOrOtherBasis
Book Value491049BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings67272468TotalOfBookValueLandBuildings

Investments Program Related InvestmentsProgramRelated (12 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
DAIRYLAND POWER COOPERATIVE12132440C
NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION270802C
ACE COMMUNICATIONS GROUP179014C
RURAL ELECTRIC SUPPLY CENTER139169C
COOPERATIVE RESPONSE CENTER9283C
NATIONAL RURAL TELECOMMUNICATIONS COOPERATIVE1387C
NATIONAL INFORMATION SOLUTIONS COOPERATIVE11543C
FEDERATED RURAL ELECTRIC INSURANCE EQUITY138125C
HEARTLAND SECURITY SERVICES LLC64064C
MINNOWA ALLIANCE LLC119514C
NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION-CERTIFICATES820416C
MEMBERSHIPS AND OTHER149296C
FieldValueIRS element (for citing)
Total Of Book Value Program Related14035053TotalOfBookValueProgramRelated

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescriptionAmountAmount
DEFERRED CREDITS$281,825
CONSUMER DEPOSITS$54,505
FieldValueIRS element (for citing)
Total Of Amounts336330TotalOfAmounts
Footnote In Part XIIIXFootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt40084412TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F9900RevenueNotRptdF990
Revenue Subtotal40084412RevenueSubtotal
Other Revenues Not Included1583OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt1583RevenueNotRptdOnFinStmt
Total Revenue Per Form99040085995TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt37434027TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal37434027ExpensesSubtotal
Other Expenses Not Included2587201OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt2587201ExpensesNotRptdOnFinStmt
Total Expenses Per Form99040021228TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
PART IV, LINE 2B:OPERATION ROUND UP, A VOLUNTARY COMMUNITY SUPPORT PROGRAM HELPS LOCAL ORGANIZATIONS AND WORTHY CAUSES VIA SPARE CHANGE. MEMBERS CAN CHOOSE TO HAVE THEIR MONTHLY ELECTRIC BILLS ROUNDED UP TO THE NEAREST DOLLAR, WITH THE EXCEEDING CENTS GOING TOWARDS OPERATION ROUND UP. THE AVERAGE ANNUAL CONTRIBUTION FROM A COOPERATIVE MEMBER IS $6. THE MOST A MEMBER COULD CONTRIBUTE IS $11.88 (99 CENTS PER MONTH). THESE FUNDS ARE SEGREGATED IN THE COOPERATIVE FINANCIALS AND ARE REPORTED IN FORM 990 PART IX LINE 21 AS AN ESCROW ACCOUNT LIABILITY.
PART X, LINE 2:THE COOPERATIVE ADOPTED THE PROVISIONS OF FASB ACCOUNTING STANDARDS CODIFICATION TOPIC ASC 740-10 (PREVIOUSLY FINANCIAL INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES), ON JANUARY 1, 2009. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE FINANCIAL STATEMENTS. AS OF BOTH THE DATE OF ADOPTION, AND AS OF DECEMBER 31, 2012, THERE WAS NO UNRECOGNIZED TAX ACCRUAL. THE COOPERATIVE WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. GENERALLY, THE COOPERATIVE IS NO LONGER SUBJECT TO FEDERAL OR STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2009.DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
BOOK/TAX DIFFERENCE IN EARNINGS FROM PASSTHROUGH ENTITIES 1,583.PART XI, LINE 4B - OTHER ADJUSTMENTS:
CAPITAL CREDITS ALLOCATED IN 2013 FOR 2012 2,587,201.PART XII, LINE 4B - OTHER ADJUSTMENTS:

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII

FieldValueIRS element (for citing)
Name PersonBRIAN KRAMBEERNamePerson
TitlePRESIDENT/CEOTitle
Base Compensation Filing Org102104BaseCompensationFilingOrg
Comp Based On Related Orgs0CompBasedOnRelatedOrgs
Bonus Filing Org0BonusFilingOrg
Bonus Related Orgs0BonusRelatedOrgs
Other Compensation Filing Org2240OtherCompensationFilingOrg
Other Compensation Related Orgs0OtherCompensationRelatedOrgs
Deferred Comp Filing Org58650DeferredCompFilingOrg
Deferred Comp Related Orgs0DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org11895NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs0NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org174889TotalCompensationFilingOrg
Total Compensation Related Orgs0TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org0CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs0CompReportPrior990RelatedOrgs

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1FEDERATED RURAL ELECTRIC INSURANCEBusinessNameLine1
FieldValueIRS element (for citing)
RelationshipBRIAN KRAMBEER IS A DIRECTOR OF FREIE AND SERVES AS THE CEO OF TRI-COUNTYRelationship
Amount Of Transaction230139AmountOfTransaction
Description Of TransactionPROPERTY INSURANCEDescriptionOfTransaction
Sharing Of Revenues0SharingOfRevenues

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (13 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
FORM 990, PART VI, SECTION A, LINE 6CLASS A MEMBER-OWNERS
FORM 990, PART VI, SECTION A, LINE 7AONE VOTE PER MEMBERSHIP
FORM 990, PART VI, SECTION A, LINE 7BTHE CLASS A MEMBER-OWNERS APPROVE BY-LAW AMENDMENTS.
FORM 990, PART VI, SECTION A, LINE 8BTHE COOPERATIVE DOES NOT HAVE COMMITTEES THAT ACT ON BEHALF OF THE BOARD.
FORM 990, PART VI, SECTION B, LINE 11THE PRESIDENT/CEO AND MANAGER OF FINANCE/ADMINISTRATION REVIEW THE 990 IN DETAIL. AFTER THEIR REVIEW, THE 990 IS PROVIDED TO EACH BOARD MEMBER. THE 990 WILL BE PRESENTED TO THE BOARD OF DIRECTORS AT THE MEETING HELD PRIOR TO ITS FILING IF SO REQUESTED BY ANY BOARD MEMBER. WHETHER PRESENTED IN A BOARD MEETING OR NOT, THE 990 IS NOT FILED UNTIL EACH BOARD MEMBER HAS BEEN GIVEN A COPY OF IT AND GIVEN AMPLE TIME TO REVIEW IT.
FORM 990, PART VI, SECTION B, LINE 12CTRI-COUNTY ELECTRIC COOPERATIVE (TCE) EMPLOYEES AND DIRECTORS ARE COVERED BY THE CONFLICT OF INTEREST POLICY. EACH EMPLOYEE IS RESPONSIBLE FOR ENSURING THAT THE EMPLOYEE'S ACTIONS AND BEHAVIOR ARE IN ACCORDANCE WITH THIS POLICY AND OF DISCLOSING ANY POSSIBLE CONFLICT OF INTEREST. ANY WILLFUL VIOLATION WILL RESULT IN DISCIPLINARY ACTION, UP TO AND INCLUDING DISCHARGE AND REIMBURSEMENT TO TEC OF ANY LOSS ATTRIBUTABLE TO SUCH ACTION. EACH SUPERVISOR AND THE PRESIDENT/CEO IS RESPONSIBLE FOR MAKING EVERY EFFORT TO SEE THAT THIS POLICY IS UNDERSTOOD BY AND FOLLOWED BY THOSE REPORTING TO THAT SUPERVISOR. THE PRESIDENT/CEO SHALL MAKE DECISIONS ON THE ULTIMATE APPLICATION OF THIS POLICY CONSISTENTLY WITH THE BEST INTERESTS OF TEC. EACH DIRECTOR IS RESPONSIBLE FOR ENSURING THAT THE DIRECTORS' ACTIONS AND BEHAVIOR ARE IN ACCORDANCE WITH THIS POLICY AND OF DISCLOSING ANY POSSIBLE CONFLICT OF INTEREST. THE BOARD OF DIRECTORS SHALL BE RESPONSIBLE FOR PERIODIC REVIEW OF THIS POLICY AND MODIFICATIONS TO IT. AN EMPLOYEE MUST DISCLOSE IN WRITING TO HIS/HER SUPERVISOR ANY SITUATION OR TRANSACTION IN WHICH THE EMPLOYEE IS INVOLVED WHICH VIOLATES, MAY VIOLATE, OR COULD APPEAR TO VIOLATE THE INTENT OF THIS POLICY. THE SUPERVISOR, IN COORDINATION WITH MANAGEMENT, SHALL DETERMINE HOW THE SITUATION WILL BE RESOLVED AND ADVISE THE AFFECTED EMPLOYEE AS SOON AS POSSIBLE. A DIRECTOR MUST ANNUALLY COMPLETE A "BUSINESS ETHICS DISCLOSURE REPORT" AND DISCLOSE IN WRITING TO THE BOARD CHAIR ANY SITUATION OR TRANSACTION IN WHICH THE DIRECTOR IS INVOLVED WHICH VIOLATES, MAY VIOLATE, OR COULD APPEAR TO VIOLATE THE INTENT OF THIS POLICY. THE BOARD CHAIR WILL ADVISE TO RESOLVE THE SITUATION AS SOON AS POSSIBLE. ANY EMPLOYEE, DIRECTOR, OR OFFICER WHO VIOLATES TEC'S CODE OF ETHICS IS SUBJECT TO APPROPRIATE DISCIPLINARY ACTION, UP TO AND INCLUDING POSSIBLE DISCHARGE. DIRECTORS ARE ALSO SUBJECT TO REMOVAL AS STIPULATED IN SECTION 3.07 OF THE COOPERATIVE BYLAWS. THE BOARD OF DIRECTORS MONITORS COMPLIANCE OF THE CONFLICT OF INTEREST POLICY BY COMPLETING A YEARLY REVIEW OF THE POLICY.
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD USES THE NRECA WAGE AND SALARY SURVEY FOR NATIONAL, REGIONAL AND STATE COMPARISONS. THIS PROCESS IS COMPLETED EVERY YEAR.
FORM 990, PART VI, SECTION C, LINE 19UPON REQUEST.
FORM 990, PART XI, LINE 9:RETIREMENT OF CAPITAL CREDITS -911,188. PATRONAGE ALLOCATED TO PATRONS IN 2013 FOR THE CY ENDING 12/31/2012 2,587,201. CHANGE IN OTHER EQUITIES 45,550. BOOK/TAX DIFFERENCE IN EARNINGS FROM PASSTHROUGH ENTITIES -1,583.CHANGES IN NET ASSETS OR FUND BALANCES:
FORM 990, PART IX, LINE 24E STATEMENT OF FUNCTIONAL EXPENSES:THE LABOR, PENSION AND PAYROLL TAXES REPORTED ON LINES 6-10 ARE INCLUDED IN DISTRIBUTION EXPENSE, ADMINISTRATIVE & GENERAL EXPENSE AND CUSTOMER EXPENSE. THEREFORE, LABOR, PENSION AND PAYROLL TAXES ARE SHOWN AS A REDUCTION TO OTHER EXPENSES ON LINE 24E.ALLOCATED AND OTHER EXPENSE
FORM 990, PART VII, COLUMN F, OTHER COMPENSATION:INCLUDED IN OTHER COMPENSATION IS THE ESTIMATED CURRENT YEAR INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN FOR THE GENERAL MANAGER/CEO. THE CURRENT YEAR INCREASE OR DECREASE DOES NOT REPRESENT CURRENT YEAR CONTRIBUTIONS TO THE PLAN. RATHER, IT IS AN ESTIMATE OF THE INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE PLAN AS CALCULATED BY THE PLAN ADMINISTRATOR.OTHER COMPENSATION
PART VII, LINE 1A:BRIAN KRAMBEER'S COMPENSATION AND HOURS WORKED PER WEEK ARE SPLIT EVENLY BETWEEN TRI-COUNTY ELECTRIC AND ANOTHER UNRELATED ORGANIZATION, HAWKEYE TRI-COUNTY ELECTRIC. ONLY HALF OF HIS COMPENSATION AND HOURS WORKED PER WEEK ARE REPORTED ON TRI-COUNTY ELECTRIC COOPERATIVE'S FORM 990.COMPENSATION AND AVERAGE HOURS PER WEEK
FORM 990, PART IX, LINE 4, BENEFITS PAID TO OR FOR MEMBERS: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 BY-LAWS OF THE COOPERATIVE.

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