2011-06-28T15:17:07-05:00 2010-12-31 MIKUNDA COTTRELL & CO CPA'S 3601 C STREET SUITE 600 ANCHORAGE AK 99503 990 2010-01-01 431964262 INSIDE PASSAGE ELECTRIC COOPERATIVE INC INSI 9077893196 PO BOX 210149 AUKE BAY AK 99821 JODI MITCHELL 9077893196 2011-06-28 1 KEY E GETTY CPA 9072788878 2011-06-28 2010 2016-02-24 21:20:13Z JODI MITCHELL PO BOX 210149 AUKE BAY AK 99621 6102330 0 X WWW.MYIPEC.ORG X 2004 AK RURAL REGULATED ELECTRIC UTILITY PROVIDING SERVICE TO HOONAH, KAKE, CHILKAT VALLEY, ANGOON, KLUKWAN IN SOUTHEAST ALASKA. 5 5 33 0 0 0 0 814425 4674195 5242015 14595 3366 149117 42524 4837907 6102330 0 0 0 0 569035 670317 0 0 0 4154086 5133576 4723121 5803893 114786 298437 11986559 11979531 6749153 6443688 5237406 5535843 TO PROVIDE SAFE, RELIABLE ELECTRIC SERVICE TO MEMBERS AT THE LOWEST REASONABLE AND RESPONSIBLE COST. 0 0 PROVIDED ELECTRICAL SERVICE TO 463 CUSTOMERS IN HOONAH, ALASKA, 295 CUSTOMERS IN KAKE, ALASKA AND 235 CUSTOMERS IN ANGOON, ALASKA FOR A TOTAL OF 8,315,109 KILOWATT HOURS IN 2010. PROVIDED ELECTRICAL SERVICE TO 295 CUSTOMERS IN KAKE, ALASKA. THECOMMUNITY CONSUMED A TOTAL OF 2,217,739 KILOWATT HOURS IN 2010. PROVIDED ELECTRICAL SERVICE TO 235 CUSTOMERS IN ANGOON, ALASKA. THE COMMUNITY CONSUMED 1,830,511 KILOWATT HOURS IN 2010. 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 33 1 0 0 0 0 0 5242015 5002 0 X 5 5 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 0 1 0 0 0 X ROXANNE DRAKE-BURKHART CONTROLLER 9077893196 12480 MENDENHALL LOOP ROAD JUNEAU AK 99801 RICHARD GEORGE 1.00 X X 3200 0 0 KIMBERLEY STRONG 1.00 X X 4300 0 0 WILBUR BROWN 1.00 X X 3400 0 0 JIM COX 1.00 X 2450 0 0 GRACE VILLARREAL 1.00 X 2450 0 0 JODI MITCHELL 37.50 X 113286 0 58104 PETER BIBB 37.50 X 96289 0 56405 ROXANNE DRAKE-BURKHART 37.50 X 84095 0 44394 309470 0 158903 1 0 1 0 KEMPELL HUFFMAN & ELLIS 255 E FIREWEED LANE SUITE 200 ANCHORAGE AK 99803 LEGAL SERVICES 103418 1 814425 814425 UTILITY SERVICES 221000 5242015 5242015 5242015 3366 3366 PATRONAGE CAPTIAL (GAI 900099 40888 40888 OTHER 900099 1636 1636 42524 6102330 5284539 0 3366 309470 102890 183322 74635 103418 54260 25000 11742 165327 521611 POWER PRODUCTION OPERAT 2746004 RUS GRANT EXPENSES 814425 CONSUMER ACCOUNTS 187320 POWER PRODUCTION MAINTE 181937 PURCHASED POWER 176094 146438 5803893 X 500 500 301523 274036 605910 884788 742679 735650 171967 287437 19632929 10712755 9324917 8920174 839063 876946 11986559 11979531 168620 243942 6396079 5862452 184454 337294 6749153 6443688 X 0 0 3886177 3886177 1351229 1649666 5237406 5535843 11986559 11979531 298437 X 0 1 0 X 1 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 100900 100900 19532029 10712755 8819274 8920174 OTHER ACCRUED ASSETS 1179 INVESTMENTS IN ASSOCIATED ORGANIZATIONS 875767 876946 ACCRUED PAYROLL AND RELATED LIABILITIES 85059 CONSUMER DEPOSITS 66851 DEFERRED CREDITS 185384 337294 6102330 5803893 298437 0 298437 5287905 0 5287905 814425 814425 6102330 4989468 0 4989468 814425 814425 5803893 PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPARTMENT OF AGRICULTURE GRANT NETTED AGAINST EXPENSES 814,425. PART XIII, LINE 4B - OTHER ADJUSTMENTS: DEPARTMENT OF AGRICULUTRE GRANT NETTED AGAINST EXPENSES 814,425. X 0 0 0 JODI MITCHELL 113286 0 0 0 0 0 40185 0 17919 0 171390 0 0 0 PETER BIBB 96289 0 0 0 0 0 32677 0 23728 0 152694 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 OUR MEMBERS CONSIST OF CUSTOMERS WITH ELECTRICAL SERVICE TO THEIR RESIDENCE OR BUSINESS. WE DO NOT HAVE ANY STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A ELIGIBLE MEMBERS ARE ALLOWED TO VOTE FOR ANY QUALIFIED CANDIDATES FROM EACH OF OUR FIVE DISTRICTS (SERVICE AREAS). FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO OUR BYLAWS OR ELECTION OF BOARD MEMBERS ARE THE ONLY ISSUES THAT ELIGIBLE MEMBERS MAY VOTE ON DURING OUR ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 8B THIS IS NOT APPLICABLE TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 OUR BOARD HAS NOT EXPRESSED ANY INTEREST IN REVIEWING THE FORM 990 BEFORE SUBMISSION TO THE IRS, HOWEVER WE CAN CHANGE THAT PRACTICE IF IT IS REQUIRED. OUR BOARD MEETS BI-MONTHLY. THE BOARD HOWEVER REVIEWS AND APPROVES OUR ANNUAL AUDIT REPORT UPON WHICH OUR FORM 990 IS BASED. OUR TYPICAL REVIEW PROCESS OF COMPLETED FORM 990 IS DONE BY THE CFO AND ADMINISTRATIVE OFFICER BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C WE HAVE NOT HAD ANY ISSUES WITH NON-COMPLIANCE AND COMPLETE AN INTERVIEW REGARDING COMPLIANCE ISSUES WITH A REPRESENTATIVE FROM RUS EVERY TWO YEARS. FORM 990, PART VI, SECTION C, LINE 18 OUR COMPLETED FORM 990 IS AVAILABLE THROUGH OUR OFFICE UPON REQUEST LIMITED TO THE MOST RECENT THREE YEARS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO OUR MEMBERS UPON REQUEST.