2011-04-25T15:15:20-07:00 2010-12-31 990 2010-01-01 840248168 LA PLATA ELECTRIC ASSOCIATION INC LAPL 9703823532 PO Box 2750 Durango CO 813022750 Dennis Svanes 9703823589 2011-04-21 2010 2016-02-24 21:20:13Z Greg Munro PO Box 2750 Durango CO 81302 106012402 0 X www.lpea.coop X 1939 CO To provide electricity to our member owners 12 12 116 0 -329016 0 0 0 97126418 99888696 386035 506171 7874549 5323496 105387002 105718363 0 0 0 0 1343641 1319781 0 0 0 93147730 96717184 94491371 98036965 10895631 7681398 282860359 289503153 165455606 167357756 117404753 122145397 To provide electricity to our member owners 0 0 0 0 0 LPEA is an electric distribution system with 40,000 services and over 3,380 miles of plant 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 1 123 0 1 116 1 0 0 0 0 0 99888696 5711396 0 X 12 12 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 0 1 1 X Dennis Svanes 9702475786 45 Stewart Street Durango CO 81302 Tom Compton 5.4 X 17062 0 0 Harry Goff 3.2 X 13240 0 0 Herb Brodsky 4.2 X 14462 0 0 Harry Cole 2.2 X 13462 0 0 Jerry McCaw 1.2 X 11218 0 0 Bobby Lieb 2.7 X 13062 0 0 Terry Alley 5 X 11818 0 0 Pam Patton 8.8 X 14262 0 0 Jeff Berman 3.7 X 14062 0 0 Davin Montoya 4.4 X 14062 0 0 Robert Formwalt 8.6 X 15462 0 0 Joseph Wheeling 5.4 X 15262 0 0 Greg Munro 60 X X 188283 0 31228 Dennis Svanes 50 X 152773 0 28828 Mark Schwantes 50 X 133349 0 26078 Steve Gregg 50 X 130016 0 26078 Ron Meier 50 X 133937 0 26078 Ben Cordova 50 X 109615 0 23980 Dan Harms 50 X 110058 0 23718 1125465 0 185988 16 0 1 0 Reliable Power Consultants 190 Turner Drive Unit E Durango CO 81303 Engineering Services 2108658 Forestry Specialists 4285 County Road 141 Durango CO 81303 Tree Trimming 931263 Electrical Consultants 3521 Gabel Road Billings MT 59102 Engineering Services 1197734 Western Energy Services Durango 361 S Camino Del Rio Durango CO 81303 Line Maintenance and Installation 5682906 Animas Surveying PO Box 497 Durango CO 81302 Surveying 137378 7 0 0 0 0 0 0 0 0 Electric Energy Revenue 221000 99888696 99888696 0 0 0 0 0 0 99888696 506171 0 0 506171 0 0 0 0 0 0 0 0 0 0 0 0 0 327815 294039 33776 33776 0 0 Capital Credits 221000 5534241 5534241 0 0 Loss from Subsidiaries 900003 -329016 0 -329016 0 Other Revenue 221000 84495 84495 0 0 0 0 0 0 5289720 105718363 105541208 -329016 506171 0 0 0 0 1319781 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4065008 0 8180088 0 Purchased Power 69542862 Operating Expenses 8839012 Customer & Sales Expense 4287558 Admin & GA 1802656 98036965 0 0 0 10688055 5637076 9160255 13353634 0 11318308 13005156 0 0 0 2153355 1991535 238488 468238 259064794 76750646 181342172 182314148 67959726 72733366 282860359 289503153 8142431 7360949 110241069 108957777 47072106 51039030 165455606 167357756 X 0 0 0 0 117404753 122145397 117404753 122145397 282860359 289503153 X 7681398 -2940754 X 0 1 1 X 0 614176 0 614176 11742989 0 7638149 4104840 0 0 0 0 9216975 0 7151237 2065738 237490654 0 61961260 175529394 182314148 Patronage Capital 62408324 C Investment in Subsidiaries 6744152 C Other Patronage Capital & Cap Term Certs (CFC) 3365268 C Investment in Pathnet 215622 F 72733366 0 Consumer Deposits 850415 Construction Deposits 41975723 Other current Liabilities 4109376 Current Maturities - Long Term Debt 4103516 51039030 105718363 98036965 7681398 0 0 0 0 0 0 7681398 105718363 0 0 0 0 0 105718363 0 0 0 105718363 98036965 0 0 0 0 0 98036965 0 0 0 98036965 X X 1 1 X X X 0 0 0 Tom Compton 17062 0 0 0 0 0 0 0 0 0 17062 0 18719 0 Harry Goff 13240 1000 0 0 0 0 0 0 0 0 13240 1000 16004 0 Herb Brodsky 14462 3800 0 0 0 0 0 0 0 0 14462 3800 19519 2400 Jerry McCaw 14919 1200 0 0 0 0 0 0 0 0 14919 1200 13016 0 Pam Patton 14262 2500 0 0 0 0 0 0 0 0 14262 2500 17519 2400 Jeff Berman 14062 0 0 0 0 0 0 0 0 0 14062 0 12573 0 Davin Montoya 14062 1200 0 0 0 0 0 0 0 0 14062 1200 16719 0 Robert Formwalt 15462 0 0 0 0 0 0 0 0 0 15462 0 18319 0 Harry Cole 13462 1200 0 0 0 0 0 0 0 0 13462 1200 15319 0 Bobby Lieb 13062 2200 0 0 0 0 0 0 0 0 13062 2200 11901 800 Terry Alley 11818 2400 0 0 0 0 0 0 0 0 11818 2400 15919 2400 Joseph Wheeling 15262 3400 0 0 0 0 0 0 0 0 15262 3400 17719 2400 Greg Munro 188283 0 0 0 0 0 0 0 31228 0 219511 0 208608 0 Dennis Svanes 146369 0 6404 0 0 0 0 0 28828 0 181601 0 175792 0 Mark Schwantes 133349 0 6544 0 0 0 0 0 26078 0 165971 0 161705 Steve Gregg 130016 0 6474 0 0 0 0 0 26078 0 162568 0 150494 0 Ron Meier 127325 0 6612 0 0 0 0 0 26078 0 160015 0 157177 0 Ben Cordova 109615 0 2500 0 0 0 0 0 23980 0 136095 0 141937 0 Dan Harms 110058 0 0 0 0 0 0 0 23718 0 133776 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Spouse allowed to travel with CEO on business travel up to 4 trips per year for NRECA, CREA and CFC functions. Tri State Transmission & Generation Association Joe Wheeling - Director 69542862 Power Supplier 0 FastTrack Communications Pam Patton - Director Director 657403 Communications 0 FastTrack Communication Herb Brodsky - Director 657403 Communications 0 Fast Track Communications Bobby Lieb - Director 657403 Communications 0 FastTrack Communications Terry Alley - Director 657403 Communications 0 FastTrack Communications Joe Wheeling - Director 657403 Communications 0 Western Energy Services of Durango Jerry McCaw - Director 5682906 Line Maintenance & Installation 0 Western Energy Services of Durango Harry Goff - Director 5682906 Line Maintenance & Installation 0 Western Energy Services of Durango Harry Cole - Director 5682906 Line Maintenance & Installation 0 Western Energy Services of Durango Davin Montoya - Director 5682906 Line Maintenance & Installation 0 Western United Electrical Supply Bob Formwalt - Director 5749233 Electrical Supplies 0 Colorado Rural Electric Association Tom Compton - Director 284820 Electric Coop support Organization 0 F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 Everyone in the service area who receives eletricity from LPEA is a member of the coop unless they choose to opt out. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a Board members are elected by the members. There are 4 districts and 3 Board members from each district. F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a The Financial Controller prepares the Form 990 and it is then reviewed by the CFO and CEO. Only after approval by the CFO and CEO, is the Form 990 filed. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Employees are educated annually and any conflicts are discussed by the Board annually. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Review and approval by the Executive Committee and then final approval by the Board of Directors. Annual contract is signed and documentation of discussion etc. is noted in the Board of Directors minutes. Salary comparison data for other Coops is also obtained. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Documents are provided upon request. Numerous documents are available via the LPEA website www.lpea.com F990_P11_S00_L05 Form 990, Part XI, Line 5 Retirement of Patronage Capital in 2010. Western Energy Services of Durango Inc 361 S Camino Del Rio Durango CO 81303 841497589 Line Maintenance and Installation CO N/A C -485956 3841357 1 FastTrack Communications 779 Tech Center Drive Durango CO 81301 841610295 Telecommunications for Business CO N/A C 156940 2902795 0.7625 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 1 1 Western Energy Services of Durango Inc q 5682906 FastTrack Communications q 657403 FastTrack Communications r 16704 Western Energy Services of Durango Inc r 8356