2024-05-13T10:07:46-05:00 2023-12-31 810386935 SUMMERS MCNEA & CO PC 15 AVANTA WAY SUITE 1 BILLINGS MT 59102 990 2023-01-01 810152585 VIGILANTE ELECTRIC COOPERATIVE INC VIGI 4066832327 PO BOX 1049 DILLON MT 597251049 NORM TEBAY SECRETARY /TREASURER 4066832327 2024-05-07 1 NORM TEBAY 999009999 0 BRIAN F VAN STEELAND P00481262 4066522320 2024-05-07 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z TREVOR PARKE 225 E BANNACK DILLON MT 59725 18429879 0 X WWW.VEC.COOP X 1937 MT TO PROVIDE ELECTRICAL SERVICES AND UTILITIES TO APPROXIMATELY 6,686 MEMBERS AND PATRONS LOCATED IN THE SOUTHWESTERN PORTION OF MONTANA. 9 9 27 0 2776427 2135577 0 0 15805520 14986643 147339 507026 1315547 2936210 17268406 18429879 0 0 761539 729348 820657 844822 0 0 0 14753046 14758529 16335242 16332699 933164 2097180 50775311 52118737 27472297 26718543 23303014 25400194 RURAL ELECTRIC COOPERATIVE ESTABLISHED TO PROVIDE ELECTRICAL POWER AND SERVICES TO ITS MEMBERS LOCATED IN THE SOUTHWESTERN PORTION OF MONTANA. 0 0 THE COOPERATIVE ACTIVITES ARE DIRECTLY RELATED TO THE TRANSMISSION AND DISTRIBUTION OF ELECTRICAL SERVICES AND UTILITIES TO APPROXIMATELY 6,686 MEMBERS AND PATRONS LOCATED IN SOUTHWESTERN MONTANA 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 1 1 0 0 1 133 0 1 27 1 1 1 0 0 0 0 0 0 17655355 2284815 0 0 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 RAQUEL RENO-MORAST 4066832327 225 E BANNACK DILLON MT 59725 ALLEN MARTINELL DIRECTOR 4.08 1.40 X 21259 0 0 ANDY JOHNSON PRESIDENT 2.38 0.37 X X 33814 0 0 COLT HIGH DIRECTOR 2.06 0.12 X 19333 0 0 TOM HELM DIRECTOR 0.83 0.06 X 7985 0 0 NORMAN E TEBAY SECRETARY-TREASURER 2.67 1.79 X X 19162 0 0 DEAN HANSON DIRECTOR 2.13 0.17 X 33564 0 0 DEAN PETERSON DIRECTOR 3.90 2.58 X 35582 0 0 CHEYENNE GARRISON DIRECTOR 3.04 0.63 X 33134 0 0 JOHN J MOOS DIRECTOR 1.90 0.25 X 18281 0 0 TOM MITCHELL VICE PRESIDENT 2.67 0.19 X X 33064 0 0 ROLLIE MILLER GENERAL MANAGER 40.00 X 232005 0 87524 RAQUEL RENO-MORAST OFFICE MANAGER 40.00 X 120866 0 61785 GARY FERRIS MANAGER OF ENGINEERING 40.00 X 133300 0 45238 CHARLES A ROMERIO LINEMAN 40.00 X 124144 0 42170 CHARLES D WHARTON LINEMAN 40.00 X 114330 0 41189 JUSTIN H BAIR LINE SUPERINTENDENT 40.00 X 132921 0 67715 CLINTON J BEGGER LINEMAN 40.00 X 117143 0 41307 1229887 0 386928 15 0 1 0 WESTERN LINE BUILDERS 525 WESTERN STREET WELLS NV 89835 CONSTRUCTION PLANT 698562 PRO SOURCE PO BOX 553 TWIN BRIDGES MT 59754 POLE CHANGES 459952 NATIONAL INFORMATION SOLUTIONS COOPERATI PO BOX 1147 MANDAN ND 58554 COMPUTER INFORMATION SERVICES 144613 3 ELECTRICAL REVENUES 221000 14986643 14986643 14986643 507026 507026 16467 0 16467 16467 16467 EQUITY INCOME - LLC 221000 2776427 2776427 PATRONAGE CAPITAL INCOME 221000 61871 61871 TRANSMISSION WHEELING 221000 51342 51342 30103 30103 2919743 18429879 15636985 2776427 16467 729348 757358 72744 14720 2738 9984 1950 58208 6889 53031 72676 30657 655998 1762576 17140 INCOME TAXES- MONTANA E 1023822 PURCHASED POWER 6802009 DISTRIBUTION OPERATIONS 1821885 DISTRIBUTION MAINTENANC 1325208 1113758 16332699 297612 732760 10800110 8602025 1394867 1518080 2660710 3713806 1313 19790 64809508 30869852 32759077 33939656 1611048 1911048 1000391 1021236 250183 660336 50775311 52118737 792249 828881 24544838 23456344 2135210 2433318 27472297 26718543 X 0 0 11403184 12436665 11899830 12963529 23303014 25400194 50775311 52118737 2097180 0 X X 0 1 X 1 0 525130 525130 1215453 768532 446921 4027643 3240573 787070 59041282 26860747 32180535 33939656 DEFERRED CREDITS- CAPITAL CREDITS & ADVANCES 140062 CUSTOMER DEPOSITS 259330 ACCRUED EXPENSES 1265435 DEFERRED INCOME TAXES 120000 CUSTOMERS ENERGY PREPAYMENTS 232983 CONSUMERS ADVANCES FOR CONSTRUCTION 415508 2433318 X 20007979 1578100 1578100 18429879 0 18429879 15603351 0 15603351 729348 729348 16332699 PART X, LINE 2: THERE ARE NO UNCERTAIN TAX POSITIONS EXISTING AT DECEMBER 31, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: CONTRIBUTION IN AID OF CONSTRUCTION RECEIVED FROM MEMBERS FOR PLANT CONSTRUC PART XII, LINE 4B - OTHER ADJUSTMENTS: CAPITAL CREDITS PAID TO MEMBERS- MEMBERS BENEFITS PART VI LINE 1E OTHER PROPERTY PART VI- LINE 1E-OTHER PROPERTY- INCLUDES $5,839,846 OF TRANSMISSION POLES, WIRE AND STATION EQUIPMENT; $52,544,755 OF DISTRIBUTION STATION EQUIPMENT, POLES, WIRE, TRANSFORMERS AND METERS; $7,559 OF CONSTRUCTION WORK IN PROCESS AND INTANGIBLE PLANT OF $649,122. 1 X X 0 0 0 ROLLIE MILLER GENERAL MANAGER 232005 0 0 0 0 0 61293 0 26231 0 319529 0 0 0 JUSTIN H BAIR LINE SUPERINTENDENT 132921 0 0 0 0 0 38530 0 29185 0 200636 0 0 0 RAQUEL RENO-MORAST OFFICE MANAGER 120866 0 0 0 0 0 35554 0 26231 0 182651 0 0 0 GARY FERRIS MANAGER OF ENGINEERING 133300 0 0 0 0 0 31951 0 13287 0 178538 0 0 0 CHARLES A ROMERIO LINEMAN 124144 0 0 0 0 0 26489 0 15681 0 166314 0 0 0 CLINTON J BEGGER LINEMAN 117143 0 0 0 0 0 25670 0 15637 0 158450 0 0 0 CHARLES D WHARTON LINEMAN 114330 0 0 0 0 0 25526 0 15663 0 155519 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE HAS 6,686 ELIGIBLE VOTING MEMBERS AT DECEMBER 31, 2022. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP ELECTS THREE BOARD OF DIRECTORS TO SERVE A THREE YEAR TERM AT THE COOPERATIVE ANNUAL MEETING HELD IN MARCH OF EACH YEAR. FORM 990, PART VI, SECTION A, LINE 7B ALL BYLAW CHANGES RECOMMENDED BY THE BOARD OF DIRECTORS ARE APPROVED BY THE MEMBERSHIP AT THE COOPERATIVE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY THE BOARD PRESIDENT AND SECRETARY/TREASURER. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH BOARD MEMBER CERTIFIES ANY CONFLICT OF INTEREST AND NECESSARY DISCLOSURES WHICH IS DOCUMENTED IN THE MONTHLY BOARD MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS SETS WAGES USING MONTANA STATEWIDE ORGANIZATION-MONTANA ELECTRIC COOPERATIVE ASSOICATION (MECA) ANNUAL SALARY SURVEY WHICH LISTS THE SALARY RANGE FOR ALL COOPERATIVE JOB BY CLASSIFICATION. THE COOPERATIVE LINEMEN SALARIES ARE ESTABLISHED BY A SIGNED COLLECTIVELY BARGAINED UNION CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL REPORTS- RUS FORM 7 - ARE AVAILABLE UPON REQUEST AT THE COOPERATIVE HEADQUARTER OFFICE. ALSO BYLAWS AND HANDBOOKS ARE GIVEN TO EVERY NEW MEMBER. PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MONTANA ENERGY ALLIANCE LLC 300 CLEVERLEY DRIVE DILLON MT 59725 810541628 SALE OF PROPANE AND PROPANE SERVICES MT VIGILANTE ELECTRIC COOPERATIVE INC OWNS 50 PROPANE SALES 0 1 0.50000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 MONTANA ENERGY ALLIANCE PAID VIGILANTE ELECTRIC FOR PROPANE TANK STORAGE Q 5400 COST MONTANA ENERGY ALLIANCE PAID PARTNERSHIP DISTRIBUTIONS OF PROFITS S 2476427 DISTRIBUTION- CASH