2023-04-06T12:47:36-07:00 2022-12-31 990 2022-01-01 820150010 NORTHERN LIGHTS INCORPORATED NORT 2082635141 PO Box 269 Sagle ID 83860 Annie Terracciano General Manager/CEO 2082557182 2023-03-24 1 1 11 0 AAL2 2022 2023-04-26 12:10:37Z Northern Lights Incorporated PO Box 269 Sagel ID 83860 43792620 0 X www.nli.coop X 1935 ID Provide Electric Service to Rural Members 7 7 74 0 0 0 0 0 38014953 42357025 106777 55451 844173 1316836 38965903 43729312 0 0 3640583 5465977 6539428 7447829 0 0 0 28785892 30815506 38965903 43729312 0 0 97325081 99237939 39266267 37432317 58058814 61805622 To provide electric service to more than 19,000 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 49 0 0 74 1 0 0 0 0 0 42416053 1318687 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 252759 0 121357 Kristin Mettke Operations Manager 45 0 X 185665 0 87506 Michael Thompson Line foreman 50 0 X 162647 0 78872 Dan Davis Lineman 52 0 X 161477 0 73459 Patrick Raynor Lineman 50 0 X 169499 0 61439 William Murray Lineman 50 0 X 158527 0 60685 Steve Elgar President 16 0 X X 32200 0 0 Jill Vandergrift Director 12 0 X 28600 0 0 Mike Dolan Secretary 12 0 X X 28000 0 0 Dave Anderson Director 12 0 X 27600 0 0 James Woodward Director 16 0 X 26200 0 0 Kennon Mcklintock Vice President 12 0 X X 25800 0 0 Steve Klatt Director 12 0 X 21400 0 0 1280374 0 483318 36 0 1 0 Mountain Power Construction Company 5299 N Pleasant View Rd Post Falls ID 83854 Outage restoration 1045365 Asplundh Tree Expert Company 1700 Solutions Center Chicago IL 60677 Tree Trimming 932043 St Clair Construction Inc 498 hillside ranch rd Victor MT 59875 General Contractor for new Montana warehouse/depot 242642 DJ Eich Timber Service PO Box 151 Cocolalla ID 83813 Tree Trimming 348651 Eby Tree Service LLC PO Box 874 Bonners Ferry ID 83805 Tree Trimming 584788 5 0 Electric Energy Sales 221122 42246372 42246372 0 0 Connect Fees/Service revenue 221122 110653 110653 0 0 0 0 0 0 42357025 44044 0 0 44044 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 74715 0 63308 0 11407 11407 0 0 11407 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Patronage Capital Credits and other 221122 1257808 1257808 0 0 Pole contact contracts 221122 59028 0 0 59028 0 0 0 0 1316836 43729312 43614833 0 114479 0 0 0 5465977 563616 0 4105746 1445284 864699 468484 250292 30095 28905 0 0 0 0 4516 69315 537713 0 292789 0 0 118435 1288243 0 3382610 179597 Purchased Power 16596735 Property Taxes 954727 Power Production Expenses 370025 Maintenance and Operations 6711509 43729312 0 0 0 2519823 798999 0 0 0 0 4678079 5394071 0 0 0 0 0 0 1343939 1841330 115822 55822 154653822 68667022 83523305 85986800 0 0 0 0 4940498 5075423 0 0 203615 85494 97325081 99237939 7770390 8977564 0 0 0 0 0 0 0 0 0 0 31495877 28454753 0 0 0 39266267 37432317 X 163377 163377 0 0 57895437 61642245 58058814 61805622 97325081 99237939 X 0 0 0 0 0 3746808 X 0 1 X 1 0 0 181600 181600 0 6672921 1458850 5214071 0 0 0 0 0 12784222 9194675 3589547 0 135015079 58013497 77001582 85986800 Investment in Associated Organizations Patronage Capital 3883886 C Capital Term Investments 1141880 C Other Investments in Associated Organizations 40132 C Other investments 3025 C General Pacific Stock 6500 C 5075423 43729312 0 0 0 0 0 43729312 0 0 0 43729312 38263335 0 0 0 0 0 38263335 0 5465977 5465977 43729312 Schedule D, Part XII, Line 4b Net Margin or Benefits paid to or for our members. - $5,465,977 0 0 0 Annie Terracciano General Manager/CEO 252759 0 0 0 0 0 94764 0 26594 0 374117 0 0 0 Kristin Mettke Operations Manager 185665 0 0 0 0 0 73456 0 14051 0 273172 0 0 0 Michael Thompson Line foreman 162647 0 0 0 0 0 53508 0 25364 0 241519 0 0 0 Patrick Raynor Lineman 169499 0 0 0 0 0 49340 0 12099 0 230938 0 0 0 Dan Davis Lineman 161477 0 0 0 0 0 47597 0 25862 0 234936 0 0 0 William Murray Lineman 158527 0 0 0 0 0 47135 0 13549 0 219211 0 0 0 Form 990, Part VI, Section A, Line 6 The cooperative has members 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 Members of the cooperative elect the directors who in turn govern the body. Form 990, Part VI, Section B, Line 11b The Board of Directors reviews form 990 and supporting schedules during the monthly April 2023 Board meeting scheduled for April 24th, 2023. 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 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 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 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."