2011-07-28T08:35:40-05:00 2010-12-31 EIDE BAILLY LLP 200 EAST 10TH ST PO BOX 5125 SIOUX FALLS SD 571175125 990 2010-01-01 460204517 WEST RIVER ELECTRIC ASSOCIATION INC WEST 6052792135 PO BOX 412 WALL SD 57790 RICHARD JOHNSON 6052792135 2011-07-12 1 LAURIE HANSON 6053391999 2011-07-12 2010 2016-03-07 17:11:31Z RICHARD JOHNSON PO BOX 412 WALL SD 57790 24422050 0 X WWW.WESTRIVER.COM X 1939 SD COOPERATIVE - ELECTRICITY TO MEMBERS 9 9 52 0 0 0 0 0 23515740 23994866 137032 139152 5143 -9723 23657915 24124295 0 25000 0 0 4317220 4484570 0 0 0 16940739 18218803 21257959 22728373 2399956 1395922 74496808 85210843 50540566 60201000 23956242 25009843 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 11,500 MEMBERS AND 15,452 METERS.ADDED/REPLACED 21 MILES OF LINES AND APPROXIMATELY 473 METERS. 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 60 0 52 1 0 0 0 0 0 0 0 23754669 152138 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 DAWN HILGENKAMP 6052792135 PO BOX 412 WALL SD 57790 X JERRY HAMMERQUIST 5.80 X X 20700 0 16 RICHARD RICHTER 8.60 X X 19700 0 16 WILLIAM BIELMAIER 7.60 X X 19100 0 10 LARRY EISENBRAUN 5.80 X X 18700 0 16 HOWARD KNUPPE 5.30 X 17500 0 16 ANDY MOON 6.30 X 17500 0 16 STAN ANDERS 7.20 X 17900 0 16 MARION WILSON 4.40 X 17300 0 8 MARCIA M ARNESON 6.60 X 19300 0 16 JIM PAHL 40.00 X 49120 0 0 RICHARD JOHNSON 55.00 X 129495 0 50577 DAWN HILGENKAMP 48.00 X 93337 0 40552 439652 0 91259 1 0 1 0 SAMPSON CONSTRUCTION CO INC 3730 SO 14TH ST LINCOLN NE 68502 CONSTRUCTION COMPANY 7553618 1 SALE OF POWER 221000 23467440 23467440 CAPITAL CREDITS 221000 527486 527486 EQUITY INVESTMENT 517000 -60 -60 23994866 134302 134302 4850 4850 4850 4850 288032 297755 -9723 -9723 24124295 23985143 0 139152 25000 547725 2910407 784395 242043 2270592 2252382 COST OF POWER 11114307 ADMIN & GENERAL 1585635 DISTRIBUTION-OPERATIONS 1502721 DISTRIBUTION-MAINTENANC 1084889 ALLOCATED & OTHER -1591723 22728373 1562972 1902966 2029260 2332159 331129 252268 2375567 2870712 212044 167455 96293785 27176984 59836926 69116801 135506 149980 8005381 8410479 8023 8023 74496808 85210843 2642966 2724215 43532046 54593994 1877225 541851 2488329 2340940 50540566 60201000 X 0 0 0 0 23956242 25009843 23956242 25009843 74496808 85210843 X 1395922 -342321 X 0 1 1 X 0 1322812 1322812 3270022 1236835 2033187 5505269 4267496 1237773 86195682 21672653 64523029 69116801 INVESTMENTS IN ASSOCIATED COMPANIES 8410479 C 8410479 CUSTOMER DEPOSITS 349761 DEFERRED CREDITS 1981153 OTHER LIABILITIES 10026 2340940 24124295 22728373 1395922 -342321 -342321 1053601 24422050 0 24422050 -297755 -297755 24124295 22728373 0 22728373 0 22728373 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ASSOCIATION ADOPTED THE PROVISIONS OF FASB ACCOUNTING STANDARDS CODIFICATION TOPIC ASC 740-10 (PREVIOUSLY FINANCIAL INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES), ON JANUARY 1, 2009. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE FINANCIAL STATEMENTS. AS OF BOTH THE DATE OF ADOPTION, AND AS OF DECEMBER 31, 2010, THERE WAS NO UNRECOGNIZED TAX ACCRUAL. THE ASSOCIATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. GENERALLY, THE ASSOCIATION IS NO LONGER SUBJECT TO FEDERAL OR STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2007. PART XI, LINE 8 - OTHER ADJUSTMENTS: RETIREMENTS OF CAPITAL CREDITS -342,321. PART XII, LINE 4B - OTHER ADJUSTMENTS: COSTS OF MERCHANDISE SOLD - NETTED TO REVENUE FOR GAAP -297,755. 0 SOCCER RAPID CITY PO BOX 956 RAPID CITY SD 57709 911815757 501(C)(3) 25000 CASH DONATION FOR SOCCER COMPLEX 1 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 RECEIPIENT ORGANIZATION TO PROVIDE DETAIL CONCERNING THE USE OF THE GRANT. X X 0 0 0 RICHARD JOHNSON 123517 0 220 0 5758 0 30521 0 20915 0 180931 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 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 2010. 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: RETIREMENTS OF CAPITAL CREDITS -342,321. TOTAL TO FORM 990, PART XI, LINE 5: -342,321. WEST RIVER SERVICES INC PO BOX 412 WALL SD 57790 460443950 SALES OF INTERNET SERVICES SD C -60 2899 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0