2012-08-03T09:45:53-05:00 2011-12-31 391277627 BAUMAN ASSOCIATES LTD PO BOX 1225 EAU CLAIRE WI 547021225 990 2011-01-01 390382695 JUMP RIVER ELECTRIC COOPERATIVE INC JUMP 7155325524 PO BOX 99 LADYSMITH WI 54848 ED WOLLWERT 7155325524 2012-06-29 1 MICHAEL R MAI CPA P00004966 7158342001 2011 2016-02-24 21:20:13Z SCOTT PETERSON PO BOX 99 LADYSMITH WI 54848 13891080 0 X N/A X 1938 WI TO PROVIDE MEMBERS WITH ELECTRICITY. 9 9 45 0 119043 0 0 0 12558025 13092143 61180 65636 139768 105442 12758973 13263221 0 0 0 907891 204517 297725 0 0 0 11548493 11894579 11753010 13100195 1005963 163026 28924826 29501580 16344587 16085846 12580239 13415734 TO PROVIDE MEMBERS WITH ELECTRICITY 0 0 ELECTRIC SALES TO MEMBERS. APPROXIMATELY 8,210 MEMBERS SERVED. 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 47 0 45 1 1 1 0 0 0 0 0 0 12996040 461574 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 7155325524 PO BOX 99 LADYSMITH WI 54848 JOHN KMOSENA 4.00 X 3413 0 0 ALLEN BEADLES 2.00 X 1488 0 0 ED WOLLWERT 10.00 X 10925 0 0 FRANK NOVOTNY JR 5.00 X 4675 0 0 NANCY LATO 5.00 X 4588 0 0 LARRY KAGIGEBI 8.00 X 7125 0 0 JOHN DONNER 4.00 X 3888 0 0 JOHN HIRSCHFELD 3.00 X 2188 0 0 STANLEY KROMERY 2.00 X 2139 0 0 RONDA PARKER 4.00 X 4525 0 0 RICK ASH 1.00 X 825 0 0 MYRON BROOKS 5.00 X 4238 0 0 LORI LARSEN 45.00 X 61532 0 25415 SCOTT PETERSON 45.00 X 84078 0 48674 LORI DAVIS 42.00 X 47984 0 41557 JOSEPH DONNELLAN 55.00 X 103707 0 15328 347318 0 130974 1 0 0 0 ZIELES TREE SERVICE PO BOX 307 BRUCE WI 54819 RIGHT OF WAY TREE AND BRUSH CLEARING 190700 PUSH INC PO BOX 72 RICE LAKE WI 54868 UNDERGROUND PLOWING 100795 2 ELECTRIC REVENUE 221000 13092143 12658677 433466 13092143 57876 57876 7760 7760 7760 7760 614058 627859 -13801 2782 -16583 POWERNET GLOBAL AND WI 517000 119043 119043 MISCELLANEOUS NON-OPER 900099 200 200 119243 13263221 12669419 102460 491342 907891 297725 621161 842570 COST OF POWER 7159290 DISTRIBUTION PLANT - MA 1152026 DISTRIBUTION PLANT - OP 705457 ADMINISTRATIVE AND GENE 499058 915017 13100195 66317 42834 447505 538192 1438861 1378751 151030 134515 510225 499313 99772 95089 32291829 10066602 21978151 22225227 4197975 4526195 34990 61464 28924826 29501580 1921873 1804249 13573067 13449328 849647 832269 16344587 16085846 X 74155 72495 472876 502736 12033208 12840503 12580239 13415734 28924826 29501580 X 163026 672469 X X 0 1 1 X 0 243517 243517 32048312 10066602 21981710 22225227 RURAL ELECTRIC SUPPLY COOPERATIVE 106734 C NATIONAL RURAL UTILITIES COOPERATIV 176890 C WISCONSIN ELECTRIC COOPERATIVE ASSO 314 C OTHER INVESTMENTS 7764 C DAIRYLAND POWER COOPERATIVE 3264998 C COOPERATIVE RESPONSE CENTER 3431 C FEDERATED RURAL ELECTRIC INSURANCE 90465 C NRUCFC - CAPITAL TERM CERTIFICATES 499999 C NATIONAL RURAL TELECOMMUNICATIONS 99995 C OTHER INVESTMENTS IN ASSOCIATED ORG 25605 C CFC MEMBER CAPITAL SECURITIES 250000 C 4526195 DEFERRED CREDITS 18543 POST RETIREMENT BENEFITS 813726 832269 13263221 13100195 163026 672469 672469 835495 13180203 0 13180203 83018 83018 13263221 12109286 0 12109286 990909 990909 13100195 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COOPERATIVE ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ON JANUARY 1, 2009. THE COOPERATIVE WILL RECOGNIZE ANY ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED BENEFITS IN INCOME TAX, IF INCURRED. THE COOPERATIVE'S 2007 THROUGH 2009 TAX YEARS ARE OPEN FOR EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 8 - OTHER ADJUSTMENTS: RETIREMENT OF PATRONAGE CAPITAL -263,622. GAIN ON RETIREMENTS 29,860. CANCELLED MEMBERSHIPS -1,660. 2011 MARGINS ALLOCATED TO MEMBERS 907,891. TOTAL TO SCHEDULE D, PART XI, LINE 8: 672,469. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTERNET EXPENSES ARE NETTED WITH REVENUE ESTIMATED TAX PAYMENTS ARE NETTED WITH REVENUE PART XIII, LINE 4B - OTHER ADJUSTMENTS: INTERNET EXPENSES ARE NETTED WITH REVENUE ESTIMATED TAX PAYMENTS ARE NETTED WITH REVENUE 2011 MARGINS ALLOCATED TO MEMBERS FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE IS ORGANIZED WITHOUT CAPITAL STOCK AND THERE IS ONE CLASS OF MEMBERS WITH RESPECT TO VOTING RIGHTS. EACH MEMBER IS ENTITLED TO ONE VOTE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ANY 15 OR MORE MEMBERS OF A DISTRICT FROM WHICH A DIRECTOR IS TO BE ELECTED MAY MAKE NOMINATIONS. EACH MEMBER RECEIVES A BALLOT CONTAINING THE NAMES OF THE QUALIFIED CANDIDATES NOMINATED FOR DIRECTOR POSITIONS. EACH MEMBER OF THE COOPERATIVE IS ELIGIBLE TO VOTE FOR ONE CANDIDATE FROM EACH DISTRICT FROM WHICH A DIRECTOR IS TO BE ELECTED. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER SHALL BE ENTITLED TO ONE VOTE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE GENERAL MANAGER, FINANCE MANAGER, AND THE BOARD OF DIRECTORS REVIEW A DRAFT OF FORM 990 BEFORE IT IS SIGNED BY THE BOARD PRESIDENT AND FILED. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES AND DIRECTORS ARE REQUIRED TO ANNUALLY FILL OUT THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DOES A COMPARISON AND ANALYSIS WITH OTHER SIMILAR POSITIONS IN DETERMINING COMPENSATION OF THE GENERAL MANAGER AND OTHER OFFICERS. COMPENSATION IS SUBJECT TO BOARD APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTATION IS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: RETIREMENT OF PATRONAGE CAPITAL -263,622. GAIN ON RETIREMENTS 29,860. CANCELLED MEMBERSHIPS -1,660. 2011 MARGINS ALLOCATED TO MEMBERS 907,891. TOTAL TO FORM 990, PART XI, LINE 5: 672,469. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE BEEN MADE SINCE PRIOR YEAR. FORM 990, PART XII, LORI LARSEN AND SCOTT PETERSON: LORI LARSEN WAS GENERAL MANAGER OF JUMP RIVER ELECTRIC COOPERATIVE FROM 1/1/11 UNTIL 1/25/11 WHEN SHE WAS PLACED ON LEAVE. LARSEN WAS OFFICIALLY RELIEVED OF HER DUTIES BY THE BOARD OF DIRECTORS ON 2/22/11. SCOTT PETERSON WAS APPOINTED INTERIM GENERAL MANAGER BY THE BOARD ON 1/25/2011 AND WAS OFFICIALLY APPOINTED OF GENERAL MANAGER BY THE BOARD OF DIRECTORS ON 5/31/2011. FORM 990, PART IX, LINE 4: THE COOPERATIVE HAS INTERPRETED PATRONAGE DIVIDENDS PAID TO BE THE AMOUNT OF CURRENT YEAR MARGINS THAT WILL BE ALLOCATED TO ITS MEMBERS AND THEREFORE HAS PRESENTED THIS AMOUNT. THIS WAS A CHANGE IN THE 2011 FORM 990 INSTRUCTIONS AND THEREFORE IS NOT SHOWN AS AN EXPENSE ON THE 2010 RETURN. THE COOPERATIVE HAS ALLOCATED ALL OPERATING MARGINS AND RETAINED ITS NON-OPERATING MARGINS.