2024-04-22T17:38:21-07:00 2023-12-31 990 2023-01-01 820150010 NORTHERN LIGHTS INCORPORATED NORT 2082635141 PO Box 269 Sagle ID 83860 Annie Terracciano General Manager/CEO 2082557182 2024-04-22 Annie Terracciano 999009999 1 1 11 0 AAL2 X 2023 2023-04-26 12:10:37Z Annie Terracciano PO Box 269 Sagle ID 83860 44787913 0 X www.nli.coop X 1935 ID Provide Electric Service to Rural Members 7 7 72 0 0 0 0 0 42357025 41874043 55451 118170 1316836 2741723 43729312 44733936 0 0 5465977 5166689 7447829 8147336 0 0 0 30815506 31419911 43729312 44733936 0 0 99237939 103563115 37432317 38763451 61805622 64799664 To provide electric service to more than 20,000 rural members at the lowest possible cost on a cooperative basis. 0 0 Generated, distributed, and sold electric energy to members across Northern Idaho, Western Montana, and Northeastern Washington state. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 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 1 42 0 0 72 1 0 0 0 0 0 41932825 2801112 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 ID X Ted Flint 2089465130 PO Box 269 Sagle ID 83860 Annie Terracciano General Manager/CEO 50 5 X 275453 0 133290 Kristin Burge Operations Manager 45 0 X 196280 0 95979 Michael Thompson Line foreman 50 0 X 171959 0 86909 Chad Carter Lineman 52 0 X 168423 0 83116 Dan Wanous Lineman 50 0 X 158963 0 76863 Nick Hagen Lineman 50 0 X 167017 0 63021 Steve Klatt Director 12 0 X 32000 0 0 Steve Elgar President 16 0 X X 31400 0 0 Mike Dolan Secretary 12 0 X X 29000 0 0 Dave Anderson Director 12 0 X 28400 0 0 James Woodward Director 16 0 X 27800 0 0 Jill Vandegrift Director 12 0 X 25800 0 0 Kennon Mcklintock Vice President 12 X X 24600 0 0 1337095 0 539178 41 0 1 0 Mountain Power Construction Company 5299 N Pleasant View Rd Post Falls ID 83854 Outage restoration 356256 Asplundh Tree Expert Company 1700 Solutions Center Chicago IL 60677 Tree Trimming 930522 DJ Eich Timber Service PO Box 151 Cocolalla ID 83813 Tree Trimming 296627 Eby Tree Service LLC PO Box 874 Bonners Ferry ID 83805 Tree Trimming 759442 Ginno Construction Company 3893 N Schreiber Way Coeur D Alene ID 83815 Construction 508446 6 0 Electric Energy Sales 221122 41754410 41754410 0 0 Connect Fees/Service Revenue 221122 119633 119633 0 0 0 0 0 0 41874043 44737 0 0 44737 0 0 0 0 0 0 0 0 0 0 0 127410 0 53977 0 73433 73433 0 0 73433 Patronage Capital Credits and other 221122 2682941 2682941 0 0 Pole Contact Contracts 221122 58782 0 0 58782 0 0 0 0 2741723 44733936 44556984 0 176952 0 0 0 5166689 607743 0 4414965 1644855 998945 480828 301622 62007 40560 0 0 0 0 8633 69576 589954 0 378783 0 0 160218 1470697 0 3782344 186303 Purchased Power 15763614 Property Taxes 1038713 Power Production Expenses 564763 Maintenance and Operations 7002124 44733936 0 0 0 798999 1137573 0 0 0 0 5394071 4771947 0 0 0 0 0 0 1841330 4015390 55822 0 159941396 71573935 85986800 88367461 0 0 0 0 5075423 5203436 0 0 85494 67308 99237939 103563115 8977564 11262994 0 0 0 0 0 0 0 0 0 0 28454753 27500457 0 0 37432317 38763451 X 163377 163377 0 0 61642245 64636287 61805622 64799664 99237939 103563115 X 0 0 0 0 0 2994042 X 0 1 X 1 0 0 181600 181600 0 7121541 1545320 5576221 0 0 0 0 0 13827111 9155765 4671346 0 138811144 60872850 77938294 88367461 Investment in Associated Organizations Patronage Capital 4022191 C Capital Term Investments 1133588 C Other Investments in Associated Organizations 40132 C Other Investments 1025 C Genral Pacific Stock 6500 C 5203436 44733936 0 0 0 0 0 44733936 0 0 0 44733936 39567247 0 0 0 0 0 39567247 0 5166689 5166689 44733936 Schedule D, Part XII, Line 4b Schedule D, Part XII, Line 4b - Net Margin or Benefits paid to or for our members. - $5,166,689 X X 0 0 0 Annie Terracciano General Manager/CEO 275453 0 0 0 0 0 104894 0 28395 0 408742 0 0 0 Kristin Burge Operations Manager 196280 0 0 0 0 0 80911 0 16068 0 293259 0 0 0 Michael Thompson Line foreman 171959 0 0 0 0 0 59629 0 27279 0 258867 0 0 0 Chad Carter Lineman 168423 0 0 0 0 0 55482 0 27634 0 251539 0 0 0 Nick Hagen Lineman 167017 0 0 0 0 0 35901 0 27119 0 230037 0 0 0 Dan Wanous Lineman 158963 0 0 0 0 0 49744 0 27119 0 235826 0 0 0 Form 990, Part VI, Section A, Line 6 Form 990, Part VI, Section A, Line 6 - The cooperative has members Form 990, Part VI, Section A, Line 7a Form 990, Part VI, Section A, Line 7a - Members of the cooperative elect the Directors who in turn govern the body. Form 990, Part VI, Section A, Line 7b Form 990, Part VI, Section A, Line 7b - Members of the cooperative elect the directors who in turn govern the body. Form 990, Part VI, Section B, Line 11b Part VI, Section B, Line 11b - The Board of Directors reviews form 990 and supporting schedules during the monthly April 2024. Board meeting scheduled for April 22nd, 2024. Form 990, Part VI, Section B, Line 12c Form 990, Part VI, Section B, Line 12c - The conflict of interest policy requires employees to disclose any situation or transaction in which the employee is involved that violates, or could appear to violate the objective of the Conflict of Interest policy to their supervisor. Any employee who violates the Conflict of Interest policy is subject to disciplinary action up to and including termination of employment. The supervisor and the GM/CEO will determine what action should be taken if any. The policy is reviewed annually. Form 990, Part VI, Section B, Line 15 Form 990, Part VI, Section B, Line 15 - The board of Directors reviews and approves the organizations GM/CEO compensation annually utilizing compensation of comparable cooperatives and organizations of similar size and in the same geographic area. Form 990, Part VI, Section C, Line 19 Form 990, Part VI, Section C, Line 19 - All documents are available upon request and is stated as such on our website with the appropriate contact, email address and phone number of the person providing the requested documentation. Form 990, Part XI, Line 9 Form 990, Part XI, Line 9 - The change in Net Assets and Fund Balances are the Capital Credits allocated during the current year less the Capital Credits retired and the change in "Post Retirement Benefit Obligations."