2012-07-23T08:47:41-05:00 2011-12-31 450250958 EIDE BAILLY LLP 200 EAST 10TH STREET PO BOX 5125 SIOUX FALLS SD 571175125 990 2011-01-01 460204517 WEST RIVER ELECTRIC ASSOCIATION INC WEST 6052792135 PO BOX 412 WALL SD 57790 RICHARD JOHNSON 6052792135 2012-07-12 1 LAURIE HANSON P00851848 6053391999 2012-07-12 2011 2016-02-24 21:20:13Z RICHARD JOHNSON PO BOX 412 WALL SD 57790 27358666 0 X WWW.WESTRIVER.COM X 1939 SD COOPERATIVE - ELECTRICITY TO MEMBERS 9 9 55 0 0 0 0 0 23994866 26797914 139152 192490 -9723 -21992 24124295 26968412 25000 50000 0 1474446 4484570 4544038 0 0 0 18218803 20736821 22728373 26805305 1395922 163107 85210843 91190703 60201000 64890824 25009843 26299879 TO PROVIDE SAFE, RELIABLE, EFFICIENT, AND REASONABLY PRICED ELECTRICITY AND SERVICES, WHILE LEADING IN THE DEVELOPMENT OF OUR COMMUNITY FOR THE WELL BEING OF OUR MEMBERS. 0 0 PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 12,013 MEMBERS AND 15,584 METERS. ADDED/REPLACED 4 MILES OF LINES AND APPROXIMATELY 132 METERS. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 55 0 1 55 1 0 0 0 0 0 0 0 26147276 646471 0 X 9 9 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 X DAWN HILGENKAMP 6052792135 PO BOX 412 WALL SD 57790 X JERRY HAMMERQUIST 5.20 X X 15700 0 5 ANDY MOON 6.50 X X 14600 0 11 RICHARD RICHTER 6.80 X X 14500 0 11 STAN ANDERS 9.60 X X 16500 0 11 WILLIAM BIELMAIER 4.20 X X 13100 0 3 LARRY EISENBRAUN 9.20 X X 15400 0 11 HOWARD KNUPPE 6.60 X 14700 0 11 MARION WILSON 5.00 X 14500 0 3 MARCIA M ARNESON 7.40 X 15500 0 11 RICHARD JOHNSON 55.00 X 139053 0 62059 DAWN HILGENKAMP 48.00 X 99950 0 46576 373503 0 108712 1 0 1 0 SAMPSON CONSTRUCTION CO INC 3730 SO 14TH ST LINCOLN NE 68502 CONSTRUCTION COMPANY 1751942 KAINZ POWER LINES INC PO BOX 748 CUSTER SD 57730 CONSTRUCTION OF POWER LINES 231356 B&B FOUNDATION SERVICE INC 23327 SOUTH AIRPORT RD RAPID CITY SD 57703 FOUNDATION WORK ON BUILDING 162661 WILLSON'S TREE SERVICE INC 2625 MAVERICK CT SPEARFISH SD 57783 TREE TRIMMING SERVICES 113936 4 SALE OF POWER 221000 25914920 25914920 CAPITAL CREDITS 221000 603440 603440 OTHER OPERATING 221000 279554 279554 26797914 199695 199695 55184 62389 -7205 -7205 -7205 305873 327865 -21992 -21992 26968412 26775922 0 192490 X 50000 1474446 490831 2930391 813804 309012 2580965 2424439 COST OF POWER 12769677 ADMIN & GENERAL 2143021 DISTRIBUTION-OPERATIONS 1401017 DISTRIBUTION-MAINTENANC 1205953 -1788251 26805305 1902966 2947377 2332159 2696010 252268 1073057 2870712 2755766 167455 139905 100774806 28292112 69116801 72482694 149980 162173 8410479 8925698 8023 8023 85210843 91190703 2724215 3171678 54593994 58060645 541851 1206111 2340940 2452390 60201000 64890824 X 0 0 0 0 25009843 26299879 25009843 26299879 85210843 91190703 X 163107 1126929 X 0 1 0 X 1 1 1 8631 7549 9905 6275 0 890221 890221 14903368 938738 13964630 5880815 3605878 2274937 79100402 23747496 55352906 72482694 RUSHMORE ELECTRIC POWER COOPERATIVE, INC. 7572502 C NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION 1120057 C FEDERATED RURAL ELECTRIC INSURANCE 191541 C RURAL ELECTRIC SUPPLY COOPERATIVE 35245 C NATIONAL INFORMATION SOLUTIONS COOPERATIVE 5253 C OTHER MEMBERSHIPS 1100 C 8925698 CUSTOMER DEPOSITS 349841 DEFERRED CREDITS 2091618 OTHER LIABILITIES 10931 2452390 26968412 26805305 163107 1126929 1126929 1290036 26968362 -50 -50 26968412 0 26968412 25330859 0 25330859 1474446 1474446 26805305 PART IV, LINE 1B: THE COOPERATIVE COLLECTS MONEY FROM MEMBERS FOR THE WEST RIVER CHARITABLE TRUST INC. THE TRUST HAS A SEPARATE BOARD OF DIRECTORS THAT IS RESPONSIBLE FOR DISTRIBUTING THE FUNDS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ASSOCIATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ASSOCIATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. GENERALLY, THE ASSOCIATION IS NO LONGER SUBJECT TO FEDERAL OR STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2008. PART XI, LINE 8 - OTHER ADJUSTMENTS: ALLOCATION OF 2011 MARGINS TO MEMBERS IN 2012 1,474,446. RETIREMENT OF CAPITAL CREDITS -347,467. LOSS OF SUBSIDIARY - WEST RIVER SERVICES, INC. -50. TOTAL TO SCHEDULE D, PART XI, LINE 8: 1,126,929. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS OF SUBSIDIARY - WEST RIVER SERVICES, INC. -50. PART XIII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATION OF 2011 MARGINS TO MEMBERS IN 2012 1,474,446. 0 WESTERN DAKOTA VOCATIONAL TECHNICAL FOUNDATION INC 800 MICKELSON DR RAPID CITY SD 57703 460340050 501(C)(3) 50000 LIBRARY WING 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: PROCEDURE FOR MONITORING GRANTS: THE ORGANIZATION TRUSTS THAT GRANTS MADE ARE USED FOR THE PURPOSE FOR WHICH THEY ARE GIVEN. THE ORGANIZATION DOES NOT REQUIRE THE RECIPIENT ORGANIZATION TO PROVIDE DETAIL CONCERNING THE USE OF THE GRANT. X X 0 0 0 RICHARD JOHNSON 131639 0 370 0 7044 0 41340 0 21640 0 202033 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 1 CLASS OF MEMBERS. ALL COOPERATIVE MEMBERS WITH EQUAL VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS HAVE EQUAL VOTING RIGHTS TO VOTE FOR MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B BYLAWS AND ARTICLES OF INCORPORATION CHANGES MUST BE APPROVED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 REVIEW WILL BE DONE AT THE REGULAR BOARD MEETING PRIOR TO SIGNING THE FINAL FORM. THE GENERAL MANAGER AND DIRECTOR OF FINANCE WILL REVIEW THE FORM 990 WITH THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS AND EMPLOYEES ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE DETERMINATION OF WHETHER A CONFLICT EXISTS, AND FOR REVIEW OF POTENTIAL CONFLICTS. BOARD MEMBERS WITH CONFLICTS OF INTEREST MUST ABSTAIN FROM DISCUSSION AND VOTING ON THE ITEM. DIRECTORS ARE ASKED ANNUALLY TO DOCUMENT ANY CONFLICTS THEY MAY HAVE. FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT CONSULTANT PROVIDES AN ANNUAL UPDATE OF A BOARD APPROVED SALARY PLAN. ANALYSIS IS DONE OF NATIONAL AND REGIONAL WAGES FOR EACH POSITION WITHIN THE COOPERATIVE. THE PROCESS WAS LAST UNDERTAKEN IN 2011. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. 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 AND DIRECTOR OF FINANCE. 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. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: ALLOCATION OF 2011 MARGINS TO MEMBERS IN 2012 1,474,446. RETIREMENT OF CAPITAL CREDITS -347,467. LOSS OF SUBSIDIARY - WEST RIVER SERVICES, INC. -50. TOTAL TO FORM 990, PART XI, LINE 5: 1,126,929. 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. FORM 990, PART IX, LINE 1 STATEMENT OF FUNCTIONAL EXPENSES: IN 2010 THE FILING ORGANIZATION REPORTED $25,000 GRANT TO SOCCER RAPID CITY WHICH WAS NOT ACTUALLY DISBURSED IN 2010. THE BOARD APPROVED THIS GRANT IN 2010 WHICH WAS CONTINGENT ON THE SOCCER COMPLEX BEING APPROVED AT THE GOVERNMENT LEVEL. IN 2011 THE PROJECT DID NOT GO THROUGH SO THE $25,000 WAS RETAINED BY THE FILING ORGANIZATION. WEST RIVER ELECTRIC CHARITABLE TRUST INC PO BOX 412 WALL SD 57790 460454370 CHARITABLE SD 501(C)(3) LINE 7 WEST RIVER ELECTRIC ASSOCIATION INC 1 WEST RIVER SERVICES INC PO BOX 412 WALL SD 57790 460443950 SALES OF INTERNET SERVICES SD WEST RIVER ELECTRIC ASSOCIATION INC C -50 2849 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0