2013-07-15T15:44:07-05:00 2012-12-31 410746749 CLIFTONLARSONALLEN LLP PO BOX 217 AUSTIN MN 55912 990 2012-01-01 390314085 SCENIC RIVERS ENERGY COOPERATIVE SCEN 6087232121 231 N SHERIDAN ST LANCASTER WI 53813 STEPHEN LUCAS 6087232121 2013-07-02 1 LOWELL FOSTER P00625086 5074347000 2012 2016-02-24 21:20:13Z STEPHEN LUCAS 231 N SHERIDAN ST LANCASTER WI 53813 27562177 0 X WWW.SRE.COOP X 1937 WI SALE OF RURAL ELECTRICITY TO ITS MEMBERS. 9 9 44 0 22083 -7640 0 0 25457016 26333749 99467 96319 908756 927087 26465239 27357155 0 0 1894294 1743180 402422 414374 0 0 0 24197158 25201875 26493874 27359429 -28635 -2274 67479445 70108036 33257295 35321761 34222150 34786275 TO DISTRIBUTE ELECTRICITY 0 0 SALE OF RURAL ELECTRICITY TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 77 0 1 44 1 1 1 0 0 0 0 26355086 1749429 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 1 0 X LINDA BENDORF 6087232121 231 N SHERIDAN ST LANCASTER WI 53813 THOMAS BENNETT 6.50 X X 825 0 11 MERLIN KVIGNE 3.50 X X 6975 0 774 SANDRA DAVIDSON 3.50 X X 9250 0 1261 LARRY BUTSON 3.50 X 6100 0 238 NORMAN GORDON 3.50 X 2650 0 16 DAVID STUTE 3.50 X 7250 0 1284 ELLEN CONLEY 3.50 X 7250 0 283 DONALD SCHAEFER 3.00 X 8200 0 1117 CHARLES SIMMONS 6.50 X X 8725 0 1572 STEPHEN CARPENTER 3.50 X 3575 0 488 DELBERT REUTER 3.50 X 4250 0 83 LINDA BENDORF 50.00 X 103149 0 46444 STEPHEN LUCAS 50.00 X 137345 0 55259 305544 0 108830 2 0 1 0 WRIGHT TREE SERVICE PO BOX 1718 DES MOINES IA 50306 TREE TRIMMING 700855 PUSH INC PO BOX 72 RICE LAKE WI 54868 UNDERGROUND LINES 502572 2 SALE OF POWER 221000 26333749 26333749 26333749 96319 673 95646 21337 0 21337 21337 21337 185653 205022 -19369 -40779 21410 CAPITAL CREDITS 523000 925119 925119 925119 27357155 27239426 22083 95646 1743180 414374 1174952 1850530 COST OF POWER 17141013 DISTRIBUTION EXPENSE - 1880498 ADMINISTRATIVE & GENERA 1093675 DISTRIBUTION EXPENSE - 1061208 999999 27359429 9241 -9438 2586397 2693413 2540850 2481836 70387 54215 476266 404249 157849 156943 65091758 13526070 49523450 51565688 1281769 1284048 10813151 11457346 739 739 19346 18997 67479445 70108036 2069842 2274318 348558 306964 30624894 32511034 214001 229445 33257295 35321761 X 0 0 0 0 34222150 34786275 34222150 34786275 67479445 70108036 X -2274 566399 X X 0 1 X 1 0 70009 70009 2397882 611989 1785893 4172901 2767495 1405406 58450966 10146586 48304380 51565688 PATRONAGE CAPITAL IN ASSOC. ORGS. 9902633 C NRUCFC CAP TERM CERTS 838217 C NRUCFC MEMBER CAP SECS 500000 C MEMBERSHIPS & OTHER INVESTMENTS 216496 C 11457346 CONSUMER DEPOSITS 229445 229445 X DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. SKYVIEW ACCOUNTS FOR INCOME TAXES UNDER THE ACCOUNTING FOR INCOME TAXES STANDARD. UNDER THIS STANDARD DEFERRED INCOME TAXES ARE RECOGNIZED FOR THE TAX CONSEQUENCES IN FUTURE YEARS OF DIFFERENCES BETWEEN THE BASIS OF THE ASSETS AND LIABILITIES AND THEIR FINANCIAL REPORTING AMOUNTS AT EACH YEAR END BASED ON ENACTED LAWS AND STATUTORY TAX RATES APPLICABLE TO THE PERIODS IN WHICH THE DIFFERENCES ARE EXPECTED TO AFFECT TAXABLE INCOME. SUCH DIFFERENCES RELATE PRIMARILY TO THE USE OF ACCELERATED DEPRECIATION METHODS FOR INCOME TAX PURPOSES AS COMPARED TO THE STRAIGHT-LINE METHOD FOR FINANCIAL REPORTING AND AMORTIZATION OF GOODWILL FOR INCOME TAX PURPOSES. VALUATION ALLOWANCES ARE ESTABLISHED WHEN NECESSARY TO REDUCE DEFERRED TAX ASSETS TO THEIR REALIZABLE VALUES. DEFERRED TAX EXPENSE IS THE RESULT OF CHANGES IN DEFERRED TAX ASSETS AND LIABILITIES. SEE NOTE 12. THE COOPERATIVE HAS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2012. WITH FEW EXCEPTIONS, THE COOPERATIVE AND ITS SUBSIDIARY ARE NO LONGER SUBJECT TO FEDERAL, STATE, OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2008. X X 0 0 0 STEPHEN LUCAS 137245 0 100 0 0 0 14000 0 41259 0 192604 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ALL ELECTRIC CUSTOMERS ARE MEMBERS OF THE COOPERATIVE. EACH MEMBER HAS THE SAME VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE BOARD OF DIRECTORS. THERE IS ONE CLASS OF MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERSHIP HAS THE RIGHT TO VOTE ON AND APPROVE A MERGER WITH ANY OTHER ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS WILL RECEIVE A COPY OF THE FORM 990 AFTER IT IS FILED. THE CEO AND OFFICE MANAGER WILL REVIEW THE RETURN PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE MEMBERS OF THE BOARD OF DIRECTORS AND MANAGEMENT STAFF, INCLUDING THE CEO, OFFICE MANAGER, ENERGY SERVICES MANAGER, AND OPERATIONS MANAGER SUBMIT TO THE BOARD EACH YEAR A SIGNED DECLARATION OF ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE CEO WAGE IS APPROVED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. A COMPENSATION SURVEY IS USED. CEO PRESENTS RECOMMENDATIONS TO THE BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE PUBLISHED IN A BOOKLET PROVIDED TO MEMBERS AT THE COOPERATIVE'S ANNUAL MEETING. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CAPITAL CREDITS RETIRED -1,284,605. NET CHANGE IN OTHER EQUITIES 105,545. EQUITY EARNINGS FROM SUBSIDIARY 2,279. PATRONAGE DIVIDENDS PAID 1,743,180. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS HAS RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AS WELL AS THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART IX, LINE 4 THE IRS INSTRUCTIONS STATE THAT PATRONAGE DIVIDENDS PAID BY SECTION 501(C)(12) ORGANIZATIONS TO THEIR MEMBERS SHOULD BE REPORTED ON LINE 4. THE ORGANIZATION HAS INTERPRETED PATRONAGE DIVIDENDS PAID TO MEAN PATRONAGE DIVIDENDS ALLOCATED OR TO BE ALLOCATED FOR THE CURRENT YEAR. SINCE THIS ALLOCATION IS NOT AN EXPENSE UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP), THIS HAS RESULTED IN A RECONCILING ITEM TO NET ASSETS IN PART XI ON PAGE 12 OF THE FORM 990. SKYVIEW DBS OF WISCONSIN INC 303 MAIN ST GAYS MILLS WI 54631 391775205 SALE OF SATELLITE TV WI SCENIC RIVERS ENERGY COOPERATIVE C 2279 1671352 1.00000 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 SKYVIEW DBS OF WISCONSIN INC A 673 ACTUAL PAYMENT SKYVIEW DBS OF WISCONSIN INC S 150000 ACTUAL PAYMENT