CORE ELECTRIC COOPERATIVE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- CORE ELECTRIC COOPERATIVE (EIN 84-0235244)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-14
- IRS object ID
- 201242279349303669
- Schema version
- 2011v1.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-14T14:41:00-07:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840235244 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Intermountain Rural Electric Association | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | INTE | NameControl |
| Phone | 3036883100 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5496 North Highway 85 | AddressLine1 |
| City | Sedalia | City |
| State | CO | State |
| ZIP Code | 80135 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Patrick Mooney | Name |
| Title | General Manager | Title |
| Date Signed | 2012-08-14 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Patrick Mooney | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2142 S Milwaukee St | AddressLine1 |
| City | Denver | City |
| State | CO | State |
| ZIP Code | 80210 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 252007089 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c | X | Organization501c |
| Web Site | www.intermountain-rea.com | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1938 | YearFormation |
| State Legal Domicile | CO | StateLegalDomicile |
| Activity Or Mission Description | The Association was established as a Rural Electric Distribution Cooperative to provide electric utility service within its service territory. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 233 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 246330850 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 251851760 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 163556 | InvestmentIncomePriorYear |
| Investment Income Current Year | 142324 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1366 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1780 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 246495772 | TotalRevenuePriorYear |
| Total Revenue Current Year | 251995864 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 30271970 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 21310806 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 17622751 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 18186761 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 198435698 | OtherExpensePriorYear |
| Other Expenses Current Year | 212353759 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 246330419 | TotalExpensesPriorYear |
| Total Expenses Current Year | 251851326 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 165353 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 144538 | RevenuesLessExpensesCY |
| Total Assets BOY | 970661091 | TotalAssetsBOY |
| Total Assets EOY | 1000217340 | TotalAssetsEOY |
| Total Liabilities BOY | 805000362 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 822625366 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 165660729 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 177591974 | NetAssetsOrFundBalancesEOY |
| Mission Description | The Association was established as a Rural Electric Distribution Cooperative to provide electric utility service within its service territory. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 251851326 | Expense |
| Revenue | 251995864 | Revenue |
| Description | The Association distributed electricity to 140,787 member consumers in 10 Colorado counties. | Description |
| Total Program Service Expense | 251851326 | TotalProgramServiceExpense |
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | true | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 97 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 233 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Gross Income From Members | 245654991 | GrossIncomeFromMembers |
| Gross Income Other Sources | 6352098 | GrossIncomeOtherSources |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Form720 Filed | false | Form720Filed |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Policies Reference Chapters | false | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | false | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | true | InvestmentInJointVenture |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Anne Thomas CFO | NamePerson |
| Telephone Number | 3036883100 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5496 N Highway 85 | AddressLine1 |
| City | Sedalia | City |
| State | CO | State |
| ZIP Code | 801358618 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| Robert W Graf | |||||||||
| Director | 3.00 | X | 14296 | 0 | 0 | ||||
| James T Anest | |||||||||
| Director | 1.00 | X | 26743 | 0 | 0 | ||||
| Michael Kempe | |||||||||
| Director | 2.00 | X | 5400 | 0 | 0 | ||||
| Bruff Shea | |||||||||
| Vice President | 4.00 | X | 33705 | 0 | 0 | X | |||
| James C Dozier | |||||||||
| Asst. Sec/Treas | 6.00 | X | 36405 | 0 | 0 | X | |||
| Eugene Sperry | |||||||||
| Sec/Treasurer | 3.00 | X | 31305 | 0 | 0 | X | |||
| Timothy L White | |||||||||
| President | 4.00 | X | 36310 | 0 | 0 | X | |||
| Patrick Mooney | |||||||||
| General Manager | 40.00 | 347769 | 0 | 109793 | X | ||||
| Anne Thomas | |||||||||
| CFO | 40.00 | 181525 | 0 | 60677 | X | ||||
| Konstantinos Lagos | |||||||||
| Purchasing & Facilities Mgr | 40.00 | 197275 | 0 | 53933 | X | ||||
| John E Pope | |||||||||
| Asst. General Manager | 40.00 | 296540 | 0 | 38166 | X | ||||
| Walter Jones | |||||||||
| Mgr of Engineering | 40.00 | 288101 | 0 | 36467 | X | ||||
| William Schroeder Jr | |||||||||
| Mgr of Public Affa | 40.00 | 182161 | 0 | 34411 | X | ||||
| Edwin Jenks Jr | |||||||||
| Mgr of Operations | 40.00 | 163728 | 0 | 39219 | X | ||||
| Amanda Zimmerman | |||||||||
| Cons/Info Svcs Mgr | 40.00 | 154835 | 0 | 33208 | X | ||||
| Michael Rheinberger | |||||||||
| System Eng Mgr | 40.00 | 152700 | 0 | 33639 | X | ||||
| George R Hier | |||||||||
| Director | 0.00 | 24705 | 0 | 0 | X | ||||
| Sidney Hanks | |||||||||
| Director | 6.00 | 16249 | 0 | 0 | X | ||||
| S R Lewandowski Jr | |||||||||
| General Manager | 40.00 | 228088 | 0 | 17814 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2417840 | TotalReportableCompFromOrg |
| Total Other Compensation | 457327 | TotalOtherCompensation |
| Number Individuals GT100 K | 50 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation | Address Line1AddressOfContractor/AddressForeign/AddressLine1 | Province Or StateAddressOfContractor/AddressForeign/ProvinceOrState | CountryAddressOfContractor/AddressForeign/Country | Postal CodeAddressOfContractor/AddressForeign/PostalCode |
|---|---|---|---|---|---|---|---|---|---|
| Utilix Corporation | |||||||||
| P O Box 97009 | Kent | WA | 980649709 | Utility cable servic | 2980616 | ||||
| Stanley Consultants Inc | |||||||||
| 8000 S Chester Street Suite 500 | Centennial | CO | 80112 | Engineering Consult | 3088432 | ||||
| Five Point Partners LLC | |||||||||
| 2526 Mt Vernon Rd Ste B348 | Atlanta | GA | 30338 | Info Tech Consulting | 2052504 | ||||
| Colorado Powerine Inc | |||||||||
| 5401 N Peterson Rd | Sedalia | CO | 80112 | Utility Construction | 24076367 | ||||
| Cayenta | |||||||||
| Info Tech Consulting | 1835185 | 1 Antares Dr Suite 400 | Ottawa, ON | CA | K2E 8C4 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 37 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| Patronage Capital Credits | 221000 | 4443270 | 4443270 | |
| Other Service Revenues | 221000 | 514279 | 514279 | |
| Joint Pole Revenue | 900002 | 893322 | $893,322 | |
| Distrib. of Electricity | 221000 | 245409702 | 245409702 | |
| All Other Program Service | 221000 | 591187 | 591187 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 251851760 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 142324 | TotalRevenueColumn |
| Exclusion | $142,324 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 13005 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 11225 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1780 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1780 | TotalRevenueColumn |
| Exclusion | $1,780 | ExclusionAmount |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 251995864 | TotalRevenueColumn |
| Related Or Exempt Function Income | 250958438 | RelatedOrExemptFunctionIncome |
| Exclusion | $1,037,426 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21310806 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2417838 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8361894 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2344352 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2818246 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2244431 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 451087 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 99287 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110300 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 202244 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 672089 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 160878 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47084336 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25739961 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 617073 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| Property,Franchise,&Income Tax | 11139068 |
| Operations & Customer Exps | 6354286 |
| Maintenance Expenses | 5678481 |
| Gen/Purchased Power | 109876899 |
| All other expenses | 4167770 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 251851326 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1922243 | BOY |
| EOY | 2337343 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5437683 | BOY |
| EOY | 4887152 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10834412 | BOY |
| EOY | 10813846 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2853247 | BOY |
| EOY | 2513344 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15146061 | BOY |
| EOY | 14690456 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1112943311 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 168564963 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 918642945 | BOY |
| EOY | 944378348 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53964 | BOY |
| EOY | 63137 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15736332 | BOY |
| EOY | 17528671 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34204 | BOY |
| EOY | 3005043 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 970661091 | BOY |
| EOY | 1000217340 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15459986 | BOY |
| EOY | 19863942 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 755272268 | BOY |
| EOY | 764189091 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34268108 | BOY |
| EOY | 38572333 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 805000362 | BOY |
| EOY | 822625366 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 623695 | BOY |
| EOY | 629025 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 165037034 | BOY |
| EOY | 176962949 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 165660729 | BOY |
| EOY | 177591974 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 970661091 | BOY |
| EOY | 1000217340 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 144538 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 11786707 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformed |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt Of Internal Funds Contributed | 19100 | AmtOfInternalFundsContributed |
| Total Exmpt Function Expenditures | 19100 | TotalExmptFunctionExpenditures |
| Form1120 Pol Filed | true | Form1120PolFiled |
Sec527 Pol Orgs Sec527PolOrgs (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Amt Pd From Internal FundsAmtPdFromInternalFunds |
|---|---|---|---|---|---|
| Mining for COs Future Pol Comm LLC | |||||
| 216 16th St Suite 1250 | Denver | CO | 80202 | 205147702 | 1050 |
| Colorado Assoc of Comm & Industry | |||||
| 1600 Broadway Suite 1000 | Denver | CO | 80202 | 840174402 | 550 |
| Senate Majority Fund | |||||
| 1620 Platte Street 438 | Denver | CO | 80202 | 451353357 | 10000 |
| COLORADO LEADERSHIP FUND | |||||
| P O Box 238 | Denver | CO | 80201 | 841664434 | 7500 |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10233920 | OtherCostOrOtherBasis |
| Book Value | 10233920 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13031043 | OtherCostOrOtherBasis |
| Depreciation | 4053648 | Depreciation |
| Book Value | 8977395 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1089882033 | OtherCostOrOtherBasis |
| Depreciation | 164715279 | Depreciation |
| Book Value | 925166754 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | -203685 | OtherCostOrOtherBasis |
| Depreciation | -203964 | Depreciation |
| Book Value | 279 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 944378348 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Investments in Associated Coop Org | Description |
| Book Value | 17528671 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| POST RETIREMENT BENEFITS & PENSION | $11,054,147 |
| DEFERRED CREDITS | $6,488,531 |
| CUSTOMER DEPOSITS | $338,296 |
| CURRENT TAXES,INT.,& OTHER LIABILITIES | $16,055,831 |
| Asset Retirement Obligation | $4,635,528 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 38572333 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part XI, Line 8 | Identifier |
| Return Reference | Part XI, Line 8: Other Changes in Net Assets or Fund Balances | ReturnReference |
| Explanation | UNCLAIMED CAPITAL CREDITS $242373 Increased Membership $5330 Benefits Paid to Members/Margin Allocation $21310806 PATRONAGE CAPITAL REFUND $ -7966194 Other Comprehensive Income $ -1805608 | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (12 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|---|---|
| William Schroeder Jr | |||||
| 137782 | 18100 | 26279 | 5499 | 28912 | 216572 |
| Walter Jones | |||||
| 167624 | 76025 | 44452 | 6644 | 29823 | 324568 |
| Sidney Hanks | |||||
| 16249 | 16249 | ||||
| S R Lewandowski Jr | |||||
| 119263 | 108825 | 4775 | 13039 | 245902 | |
| Patrick Mooney | |||||
| 322438 | 25 | 25306 | 78715 | 31078 | 457562 |
| Michael Rheinberger | |||||
| 123793 | 6800 | 22107 | 4962 | 28677 | 186339 |
| Konstantinos Lagos | |||||
| 141135 | 31100 | 25040 | 25648 | 28285 | 251208 |
| John E Pope | |||||
| 217612 | 47100 | 31828 | 8378 | 29788 | 334706 |
| George R Hier | |||||
| 24705 | 24705 | ||||
| Edwin Jenks Jr | |||||
| 133733 | 10900 | 19095 | 11049 | 28170 | 202947 |
| Anne Thomas | |||||
| 142639 | 15050 | 23836 | 32136 | 28541 | 242202 |
| Amanda Zimmerman | |||||
| 131334 | 12025 | 11476 | 6077 | 27131 | 188043 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Sch J, Part III, Additional Information | Part III, Additional Information | Part I, Line 4b:Stanley R. Lewandowski, Jr. Participant in a non-qualified annuity as a retirement plan. $24,528John E PopeParticipant in a non-qualified annuity as a retirement plan. $874Walter JonesParticipant in a non-qualified annuity as a retirement plan. $16,500 |
| Sch J, Part I, Line 1a | Part I, Line 1a: Relevant information in regards to selections on 1a. | The Association provides up to $300 toward dues of a wellness program as a taxable benefit available to employees. Four of the above individuals are participating in this benefit. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Line 16b - Gov, Mgt & Disc - Int in Joint Venture | The investment in Comanche III results in no receipt of revenue or profit from the plant. Rather, the Association receives energy. The Association does not participate in joint ventures or similar arrangements with taxable entities with the expectation of receiving revenue or profits; therefore, no written policy or procedure is necessary. | |
| Form 990, Part VI, Line 16a - Gov, Mgt & Disc - Int in Joint Venture | he Association entered into a joint ownership agreement for construction and operation of a 770 megawatt coal-fired electric power generation plant in Pueblo, Colorado known as Comanche III. The Association's total investment is about $384,000,000 for their 25.333% ownership interest. Public Service Company of Colorado operates this plant. The parties share operating expenses and receive energy from the plant in proportion to their ownership interest. Comanche III has been in commercial operation since July 2010. | |
| Form 990, Part VI, Line 10b - Gov, Mgt & Disc - Assoc Dist Offices | All offices are under the common management of the Board of Directors, and subject to the same written policies and procedures governing the activities of the Association. | |
| Form 990, Part VI, Line 10a - Gov, Mgt & Disc - Assoc Dist Offices | In addition to its Association Headquarters in Sedalia, the Association maintains three separately located District offices in Strasburg, Conifer, and Woodland Park, Colorado. | |
| Form 990, Part IX, Line 4 - Statement of Financial Expenses | The amount shown as Benefits paid to or for members represents the Patronage Capital Credit for the year that the Cooperative credited to member capital accounts based on electric sales revenues in excess of operating costs and expenses. | |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | The Bylaws of the Association and the Annual Report are available on the Association's web site at www.intermountain-rea.com. Other governing documents, Board Minutes, Annual Financial Statements, Form 990, etc. are available to the public upon request at the Association's headquarters office. | Form 990, Part VI, Line 19 |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | Compensation for management employees, including salaries and benefits, is evaluated by Human Resources personnel under the direction of the General Manager, using comparisons with industry standards, with other cooperatives, and in consideration of local employment and economic markets. The resulting compensation program recommendations are reviewed by the General Manager with the Board of Directors. | Form 990, Part VI, Line 15b |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | Officers, directors, and key employees are required to disclose any conflicts of interest as events or circumstances giving rise to a conflict occur. The General Manager reviews any potential conflicts that are brought to his attention and makes the determination for key employees. The Board of Directors reviews and makes determinations for the General Manager and at the director level. Restrictions on persons with a conflict generally result in removing the person from decision making authority concerning the conflict. It may include a director abstaining from vote on the related agenda item. | Form 990, Part VI, Line 12c |
| Form 990, Part VI, Line 11: Form 990 Review Process | The Form 990, including the related schedules, is completed internally by staff of the Association under the direction of the Chief Financial Officer, who in turn reviews the Governance, Management and Disclosure sections required by the Form 990 and presents a draft of the completed report to the General Manager. The return is then completed and filed. | Form 990, Part VI, Line 11 |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | The Association is divided into 7 districts, and each district is represented by one Board Member (Director). Board Members are elected by their respective district members to staggered four-year terms. Elections are by mail ballot, but members may vote in person at the annual meeting. | Form 990, Part VI, Line 7a |
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | The Association is comprised of approximately 140,800 members. | Form 990, Part VI, Line 6 |
Comments