2025-04-22T14:01:47-07:00 2024-12-31 990 2024-01-01 820150010 NORTHERN LIGHTS INCORPORATED NORT 2082635141 PO Box 269 Sagle ID 83860 Annie Terracciano General Manager/CEO 2082557182 2025-04-22 1 2024 2025-03-06 01:10:19Z Annie Terracciano PO Box 269 Sagle ID 83860 45924110 0 X www.nli.coop X 1935 ID Provide Electric Service to Rural Members 7 7 74 0 0 0 0 0 41874043 43073886 118170 200928 2741723 2568226 44733936 45843040 0 0 5166689 3130618 8147336 8957375 0 0 0 31419911 33755047 44733936 45843040 0 0 103563115 109374499 38763451 43356774 64799664 66017725 To provide electric service to more than 20,000 rural members at the lowest possible cost on a cooperative basis. 0 0 45843040 0 45843040 Generated, distributed, and sold electric energy to members across Northern Idaho, Western Montana, and Northeastern Washington state. 0 0 0 45843040 0 0 0 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 1 45 0 0 74 1 0 0 0 0 0 43133377 2709661 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 284710 0 141800 Kristin Burge Operations Manager 45 0 X 210512 0 101522 Carl Moore Lineman 52 0 X 208916 0 79418 Dan Davis Lineman 51.00 0 X 194117 0 84671 Patrick Raynor Lineman 50 0 X 196720 0 71484 Nick Hagen Lineman 50 0 X 183330 0 66885 Steve Klatt Director 12 0 X 35800 0 0 Steve Elgar President 16 0 X X 31400 0 0 Mike Dolan Secretary 12 0 X X 30800 0 0 Dave Anderson Director 12 0 X 29600 0 0 James Woodward Director 16 0 X 29400 0 0 Jill Vandegrift Director 12 0 X 26100 0 0 Kennon Mcklintock Vice President 12 0 X X 24600 0 0 1486005 0 545780 44 0 1 0 Mountain Power Construction Company 5299 N Pleasant View Rd Post Falls ID 83854 Outage restoration 1836051 Asplundh Tree Expert Company 1700 Solutions Center Chicago IL 60677 Tree Trimming 1025418 Eby Tree Service LLC PO Box 874 Bonners Ferry ID 83805 Tree Trimming 1144516 Knight Construction and Supply 28308 N Cedar Rd Deer Park WA 99006 Dredging and repair work 592174 Neal Structural Repair LLC PO Box 64 Noxon MT 59853 Facility repairs 270875 6 0 Electric Energy Sales 221122 42953735 42953735 0 0 Connect Fees / Service Income 221122 120151 120151 0 0 0 0 0 0 43073886 73088 0 0 73088 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 208910 0 81070 0 127840 127840 0 0 127840 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Patronage Capital Credits and Other 221122 2508735 2508735 0 0 Pole Contact Contracts 221122 59491 0 0 59491 0 0 0 0 2568226 45843040 45582621 0 260419 0 0 0 0 0 0 3130618 3130618 634210 634210 0 0 0 0 0 0 4983856 4983856 0 0 1786642 1786642 0 0 1051978 1051978 0 0 500689 500689 0 0 492416 492416 0 0 38589 38589 0 0 50892 50892 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4152 4152 0 0 69220 69220 0 0 661133 661133 0 0 0 0 0 0 259874 259874 0 0 0 0 0 0 0 0 0 0 168080 168080 0 0 1675415 1675415 0 0 0 0 0 0 3666782 3666782 0 0 237366 237366 0 0 Purchased Power 17950206 17950206 0 0 Property Taxes 982720 982720 0 0 Power Production Expenses 518932 518932 0 0 Maintenance and Operations 6979270 6979270 0 0 45843040 45843040 0 0 1137573 1566089 0 0 0 0 4771947 4636098 0 0 0 0 0 0 4015390 2845601 0 0 169016510 74117746 88367461 94898764 0 0 0 0 5203436 5290192 0 0 67308 137755 103563115 109374499 11262994 8775044 0 0 0 0 0 0 0 0 0 0 27500457 34581730 0 0 38763451 43356774 X 163377 163377 0 0 64636287 65854348 64799664 66017725 103563115 109374499 X 0 0 0 0 0 1218061 X 0 1 X 1 0 0 855224 855224 0 7121541 1631853 5489688 0 0 0 0 0 14504569 9128860 5375709 0 146535176 63357033 83178143 94898764 45843040 0 0 0 0 0 45843040 0 0 0 45843040 42712422 0 0 0 0 0 42712422 0 3130618 3130618 45843040 Schedule D, Part XII, Line 4b Schedule D, Part XII, Line 4b - Schedule D, Part XII, Line 4b - Net Margin or Benefits paid to or for our members. - $3,130,618 0 0 0 Annie Terracciano General Manager/CEO 284710 0 0 0 0 0 112173 0 29627 0 426510 0 0 0 Kristin Burge Operations Manager 210512 0 0 0 0 0 85678 0 15843 0 312033 0 0 0 Carl Moore Lineman 208916 0 0 0 0 0 50754 0 28663 0 288333 0 0 0 Patrick Raynor Lineman 196720 0 0 0 0 0 58009 0 13476 0 268205 0 0 0 Dan Davis Lineman 194117 0 0 0 0 0 55931 0 28740 0 278788 0 0 0 Nick Hagen Lineman 183330 0 0 0 0 0 38616 0 28269 0 250215 0 0 0 Form 990, Part VI, Section A, Line 6 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 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 - 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 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 2025. Board meeting scheduled for April 28th, 2026. Form 990, Part VI, Section B, Line 12c 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 - 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 - 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 - 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."