2012-11-14T09:14:28-06:00 2011-12-31 861065772 Deloitte Tax LLP 111 Monument Circle Suite 2000 Indianapolis IN 462045108 990 2011-01-01 351274565 Wabash Valley Power Association Inc WABA 3174812800 722 N High School Road Indianapolis IN 462143756 Jeff A Conrad 3174812800 2012-11-14 1 Jeffrey D Frank P00287234 3174648600 2011 2016-02-24 21:20:13Z Rick Coons 722 N High School Road Indianapolis IN 462143756 720140095 0 X www.wvpa.com X 1963 IN Wabash Valley Power Association, Inc. is an electric generation and transmission cooperative which exists to supply and deliver wholesale power to meet the needs of its electric distribution cooperative members. 28 28 76 0 0 0 0 0 750035954 718329288 3284104 -1275310 790678 1419418 754110736 718473396 0 0 0 0 6543760 6300944 0 0 0 733688262 698868179 740232022 705169123 13878714 13304273 918467842 885573019 803164901 752270076 115302941 133302943 Wabash Valley Power Association, Inc. is an electric generation and transmission cooperative which exists to supply and deliver wholesale power to meet the needs of its electric distribution cooperative members. 0 0 635672343 718329288 The exempt purpose of Wabash Valley Power is to provide electricity to its members. 635672343 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 120 0 1 76 1 0 0 0 0 0 0 0 0 0 134059000 -28598000 0 X 28 28 0 0 0 0 1 1 1 1 1 0 0 0 1 0 0 1 1 1 1 1 0 IN GA CA AZ X Theresa Young Controller 3174812800 722 North High School Road Indianapolis IN 462143756 Phil Carrington 1.00 X 6400 0 36 Melvin Coonrod 5.00 X 6400 0 36 James Keffaber 2.00 X 4600 0 36 Fred Powell 2.00 X 4800 0 36 William Harold Smith 2.00 X 6000 0 36 Hal Truax 1.00 X 5200 0 36 Fred Warner 1.00 X 6000 0 36 Donald Miller 2.00 X 5600 0 36 Alan Schlagenhauf 2.00 X 5600 0 36 Wayne Gingerich 3.00 X 8600 0 36 Ronnie Mohr 1.00 X 3500 0 36 Elmer Stocker 3.00 X 5600 0 36 Jon Rettinger 5.00 X 12600 0 36 Dennis Edmonds 1.00 X 3000 0 36 Wayne Zumbrun 2.00 X 6000 0 36 Gerald Heitmeyer 2.00 X 6800 0 36 Clarence Barth 3.00 X 4000 0 36 G Tom Taylor 2.00 X 6000 0 36 Robert Angus 4.00 X 8000 0 36 Robert Lehmann 2.00 X 5600 0 36 Jeff Hampshire 3.00 X 7200 0 36 Clayton Daniel Gard Start 112011 1.00 X 2000 0 36 Michael Conner 1.00 X 6000 0 36 Robert Baker 2.00 X 9800 0 36 John Skip Lottes 4.00 X 7200 0 36 Mike Yankauskas 4.00 X 9000 0 36 Dennis Burton 3.00 X 8800 0 36 Tom Flora 2.00 X 4000 0 36 Donald Baggs End 112011 1.00 X 400 0 36 Rick Coons 40.00 X 465593 0 104671 Jeff Conrad 40.00 X 168287 0 50119 Kathy Joyce 40.00 X 166926 0 41788 Cathy Ellis 40.00 X 161314 0 39322 Keith Thompson 40.00 X 168399 0 44509 Greg Wagoner 40.00 X 171104 0 41190 Lee Wilmes 40.00 X 169009 0 50561 Gary Stein 40.00 X 138273 0 42650 Kari Wetter 40.00 X 121278 0 51250 Brent Reyher 40.00 X 123052 0 35982 Terry Hogan 40.00 X 125882 0 39456 Theresa Young 40.00 X 116267 0 31879 2270084 0 574421 22 0 1 0 Duke Energy Indiana PO Box 6000 Plainfield IN 46168 Management Fees 2205008 Aces Power Marketing 4140 West 99th Street Carmel IN 460327731 Market Settlements/Risk Mgmt 2122056 Parr Richey Obremskey & Morton PO Box 668 Lebanon IN 460522559 Legal Services 678945 Jenner & Block LLP 353 N Clark Street Chicago IL 606543456 Legal Services 172760 Deloitte & Touche LLP 111 Monument Circle Suite 2000 Indianapolis IN 462045108 Audit and Tax Services 137278 7 Sales of Electricity 221000 715604970 715604970 Sales of Trans. & Dist 221000 2595000 2595000 Emission Allow. Sale 221000 129318 129318 718329288 -1275310 -1275310 3086117 1666699 1419418 1419418 1419418 718473396 718329288 0 144108 2018500 2018500 2975594 2975594 1007712 1007712 299138 299138 1049664 1049664 139754 139754 646194 646194 1652135 1652135 2602387 2602387 137293 137293 167915 167915 37857257 37857257 27552900 19345987 8206913 Purchased Power Expense 484920180 484920180 0 0 Fuel Expense 96634031 96634031 0 0 Production O & M 34772145 34772145 0 0 Transmission O & M 10288424 0 10288424 0 447900 447900 705169123 635672343 69496780 0 101031190 79244619 10000000 10000000 64142001 61266320 13552700 24279549 23322018 22759529 955970092 304793976 666801376 651176116 33304992 34061182 6313565 2785704 918467842 885573019 160552856 131370941 51084616 49251923 577152704 557912172 14374725 13735040 803164901 752270076 X 0 0 14000000 18000002 101302941 115302941 115302941 133302943 918467842 885573019 X 13304273 4695729 X 0 1 1 X 0 18000 18000 18000 1 Indiana FORE 720 North High School Road Indianapolis IN 462143576 351998087 18000 Organizations Direct and Indirect Political Campaign Activities: Part I-A, Line 1: Made a payment to Indiana Statewide for a political contribution to Indiana FORE (Friends of Rural Electrification). Part IV, Supplemental Information: Part I-C Continuation for Incomplete Name/Address Information: Indiana FORE 720 North High School Road, Indianapolis, IN 46214-3576 7492639 7492639 3824021 2871646 952375 916028275 291666347 624361928 28625157 10255983 18369174 651176116 718473396 705169123 13304273 -9860 4705589 4695729 18000002 723178985 4705589 4705589 718473396 0 718473396 705178983 0 705178983 -9860 -9860 705169123 Description of Uncertain Tax Positions Under FIN 48: Part X: Wabash Valley Power has adopted guidance governing uncertain income tax positions which sets forth recognition thresholds and measurement attributes for financial statement recognition. The guidance did not result in the recording of any uncertain tax position liabilities as of December 31, 2011 and 2010. Tax years 2008 through 2011 remain open and could be subject to audit by the IRS. Part XI, Line 8 - Other Adjustments: Equity in Earnings - ACES Power Marketing -52,246. Equity in Earnings - SERVCO -1,388. Equity in Earnings - SG Solutions 4,764,047. Equity in Earnings - WVEM -4,824. Total to Schedule D, Part XI, Line 8: 4,705,589. Part XII, Line 2d - Other Adjustments: Equity in Earnings - WVEM -4,824. Equity in Earnings - ACES -52,246. Equity in Earnings - Servco -1,388. Equity in Earnings - SG Solutions 4,764,047. Part XIII, Line 4b - Other Adjustments: Unrealized Loss on Derivative Investment -9,860. X X X X X 0 0 0 Rick Coons 452138 0 0 0 13455 0 88930 0 15741 0 570264 0 0 0 Jeff Conrad 161300 0 0 0 6987 0 33779 0 16340 0 218406 0 0 0 Kathy Joyce 163364 0 0 0 3562 0 33319 0 8469 0 208714 0 0 0 Cathy Ellis 154431 0 0 0 6883 0 31500 0 7822 0 200636 0 0 0 Keith Thompson 165349 0 0 0 3050 0 33686 0 10823 0 212908 0 0 0 Greg Wagoner 166327 0 0 0 4777 0 30332 0 10858 0 212294 0 0 0 Lee Wilmes 160325 0 0 0 8684 0 33727 0 16834 0 219570 0 0 0 Gary Stein 128479 0 0 0 9794 0 26584 0 16066 0 180923 0 0 0 Kari Wetter 120677 0 0 0 601 0 26540 0 24710 0 172528 0 0 0 Brent Reyher 120114 0 0 0 2938 0 25242 0 10740 0 159034 0 0 0 Terry Hogan 123474 0 0 0 2408 0 24456 0 15000 0 165338 0 0 0 Wabash Valley Power Association Inc 351274565 2009-02-20 13100000 Construct Landfill Gas Facilities 0 0 0 Indiana Finance Authority 351602316 2010-12-17 40000000 Capital Improvements in Vigo County 0 0 0 13100000 152608 12947392 2009 0 0 1 1 40000000 300000 39700000 2011 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 Form 990, Part VI, Section A, line 6 Wabash Valley Power Association, Inc. is an electric generation and transmission cooperative that has 28 distribution cooperative members. Form 990, Part VI, Section A, line 7a Wabash Valley Power Association, Inc. has a Board consisting of 28 directors and one representative elected from each member distribution cooperative. The Board is responsible for selecting the President and Chief Executive Officer (CEO), legal counsel and the executive board (Chairman, Vice Chairman, 2nd Vice Chairman, Secretary-Treasurer, (2) Executive Committeemen). Form 990, Part VI, Section A, line 7b All business affairs of the Corporation are governed by the Board of Directors which exercises all the powers of the Corporation within the provisions of the Corporate By-Laws, Articles of Incorporation and Corporate Policies. Form 990, Part VI, Section B, line 11 The Board of Directors elects three directors, along with the Secretary/Treasurer and an independent member to serve as the Audit Committee whose primary function is to assist the board in financial oversight responsibilties. The Form 990 return is reviewed by the Audit Committee prior to filing and made available to the remaining Directors upon request. Form 990, Part VI, Section B, Line 12b: The Board of Wabash Valley Power has adopted a policy on director duties, ethics and standards of conduct which requires directors to avoid activities, practices or acts that create a conflict of interest. Additionally, each member of the board and key management employees must annually disclose any inter-locking directorships as required by federal energy regulatory commission regulations. Form 990, Part VI, Section B, Line 12c: Wabash Valley Power has adopted a conflict of interest policy that is applicable to all employees. This policy is communicated in the employee handbook along with an explanation of the procedure for clarification of potential situations that could lead to conflict. On an annual basis, each employee is required to review and sign this handbook. Form 990, Part VI, Section B, line 15 The organization's Executive Board worked with an independent consulting firm to establish the CEO's compensation philosophy and salary guidelines based on comparability data from several different energy industry sources. The CEO review process includes on-line performance surveys that are completed by the full Board of Directors and Chief Executive Officers of each distribution cooperative. All final performance statistics and compensation recommendations are brought before the full Wabash Valley Board of Directors for final determination on performance and merit increases. An independent consulting firm also developed a performance-based compensation system for all Wabash Valley management and employees. The annual review process includes salary tables and guidelines for each position within the organization based on energy industry data. Form 990, Part VI, Section C, line 19 Wabash Valley Power Association, Inc. provides any document open to public inspection upon request. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized losses on investments: -9,860. Equity in Earnings - ACES Power Marketing -52,246. Equity in Earnings - SERVCO -1,388. Equity in Earnings - SG Solutions 4,764,047. Equity in Earnings - WVEM -4,824. Total to Form 990, Part XI, Line 5: 4,695,729. SG Solutions LLC 722 N High School Rd Indianapolis IN 46214 562492641 Gasification Plant IN N/A Related -4782635 27949194 0 1 0.50000 Wabash Valley Energy Marketing Inc 722 N High School Rd Indianapolis IN 46214 203938637 Market Electric Power IN Related C -3659 455657 0.99000 0 0 0 1 0 0 0 0 1 0 0 1 0 1 1 0 1 0 SG Solutions LLC I 2962451 FMV SG Solutions LLC N 247716 FMV SG Solutions LLC Q 52250000 FMV SG Solutions LLC O 56660 FMV SG Solutions LLC L 49680376 FMV