RIVERLAND ENERGY COOPERATIVE: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- RIVERLAND ENERGY COOPERATIVE (EIN 39-0663435)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-05-09
- IRS object ID
- 202311299349301971
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-09T10:50:05-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390663435 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Riverland Energy Cooperative | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Timothy Holtan | InCareOfNm |
| Business Name Control | RIVE | BusinessNameControlTxt |
| Phone | 6083233381 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 277 | AddressLine1Txt |
| City | Arcadia | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54612 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TIMOTHY HOLTAN | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 6083233381 | PhoneNum |
| Signature | 2023-05-09 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TIMOTHY | PersonFirstNm |
| Person Last | HOLTAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 1 | TrustedCustomerCd |
| Authentication Assurance Level | AAL2 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Initial Return | Yes (X) | InitialReturnInd |
| Principal Officer | TIMOTHY HOLTAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 277 | AddressLine1Txt |
| City | Arcadia | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54612 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $42,632,803 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.riverlandenergy.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1937 | FormationYr |
| Legal Domicile State | WI | LegalDomicileStateCd |
| Activity Or Mission | To provide members with electricity | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 51 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $38,414,404 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $41,162,988 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,501,155 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,437,412 | CYInvestmentIncomeAmt |
| PY Other Revenue | $42,517 | PYOtherRevenueAmt |
| CY Other Revenue | $32,403 | CYOtherRevenueAmt |
| PY Total Revenue | $39,958,076 | PYTotalRevenueAmt |
| CY Total Revenue | $42,632,803 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $2,287,042 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $2,050,411 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $898,239 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,221,198 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $36,762,423 | PYOtherExpensesAmt |
| CY Other Expenses | $39,350,763 | CYOtherExpensesAmt |
| PY Total Expenses | $39,947,704 | PYTotalExpensesAmt |
| CY Total Expenses | $42,622,372 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $10,372 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $10,431 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $120,553,523 | TotalAssetsBOYAmt |
| Total Assets EOY | $125,319,295 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $69,967,996 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $73,955,521 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $50,585,527 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $51,363,774 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To provide cooperative members with electricity. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $31,975,209 | ExpenseAmt |
| Revenue | $41,162,988 | RevenueAmt |
| Desc | To provide cooperative members with electricity | Desc |
| Total Program Service Expenses | $31,975,209 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 21 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 51 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $41,167,780 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $1,575,827 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Excs Tax Sect4951 Or4952 Or4953 | false | ExcsTaxSect4951Or4952Or4953Ind |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KRISTINA MARSOLEK | PersonNm |
| Phone | 6083233381 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 277 | AddressLine1Txt |
| City | Arcadia | CityNm |
| State Abbreviation | WI | StateAbbreviationCd |
| ZIP | 54612 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| DAVID PAUDLER | |||||||
| Board President | 30.00 | Yes (X) | Yes (X) | $15,175 | $0 | $0 | |
| FILLA DAN | |||||||
| Board Vice President | 7.500 | Yes (X) | Yes (X) | $8,825 | $0 | $0 | |
| DENNIS FRAME | |||||||
| Board SecretaryTreas | 15.00 | Yes (X) | Yes (X) | $15,050 | $0 | $0 | |
| BERNADINE ZINGSHEIM | |||||||
| Director | 15.00 | Yes (X) | $11,850 | $0 | $0 | ||
| GARY DVORACEK | |||||||
| Director | 9.200 | Yes (X) | $11,000 | $0 | $0 | ||
| CLETUS FOEGEN | |||||||
| Director | 2.000 | Yes (X) | $11,200 | $0 | $0 | ||
| BRYCE LISOWSKI | |||||||
| Director | 5.000 | Yes (X) | $9,600 | $0 | $0 | ||
| DAVID ANDERSON | |||||||
| Director | 8.000 | Yes (X) | $9,075 | $0 | $0 | ||
| FRAN FEDIE | |||||||
| Director | 8.000 | Yes (X) | $10,575 | $0 | $0 | ||
| JERALD SORENSON | |||||||
| General Manager | 40.00 | Yes (X) | $239,189 | $0 | $0 | ||
| TIMOTHY HOLTAN | |||||||
| Operations Manager | 40.00 | Yes (X) | $142,799 | $0 | $83,123 | ||
| MARK SCHAMAUN | |||||||
| Lineman | 46.30 | $121,575 | $0 | $0 | Yes (X) | ||
| TYLER VITSE | |||||||
| Lineman | 48.70 | $129,188 | $0 | $17,987 | Yes (X) | ||
| DILLON MARTEN | |||||||
| Lineman | 48.30 | $129,188 | $0 | $17,723 | Yes (X) | ||
| MARC MADES | |||||||
| Lineman | 47.90 | $123,478 | $0 | $13,452 | Yes (X) | ||
| BRETT PALMER | |||||||
| Lineman | 47.50 | $122,788 | $0 | $19,224 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,110,555 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $151,509 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 22 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| A-1 Power | |||||
| PO Box 90 | Bloomer | WI | 54724 | Underground Contractor | $503,081 |
| Tjader & Highstrom Utility | |||||
| PO Box 856489 | Minneapolis | MN | 554856489 | Overhead Contractor | $408,654 |
| Karcz Utility Service | |||||
| N1655 Laney Rd | Seymour | WI | 54165 | Pole Inspection | $252,580 |
| Zielie's Tree Service | |||||
| PO Box 307 | Bruce | WI | 54819 | Right of Way Clearing | $748,893 |
| Kohnen Underground Utility | |||||
| 627 East Wisconsin Avenue | Barron | WI | 54812 | Cable Locates | $229,441 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Program Service Rev | Desc |
| Business | 221000 | BusinessCd |
| Total Revenue Column | $41,162,988 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $41,162,988 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $41,162,988 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,437,412 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,437,412 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $27,611 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $27,611 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $27,611 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $27,611 | RelatedOrExemptFuncIncomeAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $4,792 | GrossSalesOfInventoryAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,792 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,792 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,632,803 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $42,632,803 | RelatedOrExemptFuncIncomeAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,050,411 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,221,198 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,628,071 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,747,483 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| Cost of Providing Service | $24,833,173 |
| Operating and Maintenance | $4,972,128 |
| Cons., Admin, Gen. Expenses | $1,636,156 |
| All Other | $533,752 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,622,372 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,123,946 | BOYAmt |
| EOY | $896,728 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,899,231 | BOYAmt |
| EOY | $4,516,585 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,178,101 | BOYAmt |
| EOY | $1,577,710 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,066 | BOYAmt |
| EOY | $109,145 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $145,092,527 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $50,388,137 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,895,663 | BOYAmt |
| EOY | $94,704,390 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,288,693 | BOYAmt |
| EOY | $22,617,399 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,033,823 | BOYAmt |
| EOY | $897,338 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $120,553,523 | BOYAmt |
| EOY | $125,319,295 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,001,262 | BOYAmt |
| EOY | $6,772,081 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,819,775 | BOYAmt |
| EOY | $67,107,488 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $146,959 | BOYAmt |
| EOY | $75,952 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,967,996 | BOYAmt |
| EOY | $73,955,521 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,585,527 | BOYAmt |
| EOY | $51,363,774 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,585,527 | BOYAmt |
| EOY | $51,363,774 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $120,553,523 | BOYAmt |
| EOY | $125,319,295 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $10,431 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $767,817 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Org Leg Ctrl | false | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | false | DisclosedForCharitablePrpsInd |
| Written Policy Monitoring | false | WrittenPolicyMonitoringInd |
| Section170h Rqr Stsfd | false | Section170hRqrStsfdInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $549,845 | InvestmentCostOrOtherBasisAmt |
| Book Value | $549,845 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $5,801,167 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $1,922,121 | DepreciationAmt |
| Book Value | $3,879,046 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $138,741,515 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $48,466,016 | DepreciationAmt |
| Book Value | $90,275,499 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $94,704,390 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| DPC | $16,251,843 | C |
| NRUCFC | $3,004,403 | C |
| OTHER | $3,361,153 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $22,617,399 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred | Desc |
| Book Value | $897,338 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $897,338 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Lliabilities | Desc |
| Amt | $75,952 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $75,952 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $42,632,803 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $42,632,803 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $42,632,803 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $40,571,961 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $40,571,961 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2,050,411 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,050,411 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $42,622,372 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| P12, Ln 4b | The IRS requires patronage allocated to be recognized as |
| P12, Ln 4b | an expense for Form 990 purposes. This is not Generally |
| P12, Ln 4b | Accepted Accounting Principles. Therefore, a difference is |
| P12, Ln 4b | recognized. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (16 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt |
|---|---|---|---|
| DAVID PAUDLER | |||
| Board President | $15,175 | $15,175 | |
| FILLA DAN | |||
| Board Vice President | $8,825 | $8,825 | |
| DENNIS FRAME | |||
| Board SecretaryTreas | $15,050 | $15,050 | |
| BERNADINE ZINGSHEIM | |||
| Director | $11,850 | $11,850 | |
| GARY DVORACEK | |||
| Director | $11,000 | $11,000 | |
| CLETUS FOEGEN | |||
| Director | $11,200 | $11,200 | |
| BRYCE LISOWSKI | |||
| Director | $9,600 | $9,600 | |
| DAVID ANDERSON | |||
| Director | $9,075 | $9,075 | |
| FRAN FEDIE | |||
| Director | $10,575 | $10,575 | |
| JERALD SORENSON | |||
| General Manager | $239,189 | $239,189 | |
| TIMOTHY HOLTAN | |||
| Operations Manager | $142,799 | $225,922 | $83,123 |
| MARK SCHAMAUN | |||
| Lineman | $121,575 | $121,575 | |
| TYLER VITSE | |||
| Lineman | $129,188 | $147,175 | $17,987 |
| DILLON MARTEN | |||
| Lineman | $129,188 | $146,911 | $17,723 |
| MARC MADES | |||
| Lineman | $123,478 | $136,930 | $13,452 |
| BRETT PALMER | |||
| Lineman | $122,788 | $142,012 | $19,224 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part VI Line 11b | The Form 990 is presented and reviewed at the monthly board |
| Part VI Line 19 | Governing documents are available on our website. Policies are available |
| Part VI Line 19 | upon request. Financial statements are in monthly publications and website. |
| Part VI, Line 6 | Riverland Energy is a member owned cooperative. |
| Part VI, Line 7a | The membership in each of the nine districts elects the board of |
| Part VI, Line 7 | directors every fourth year at the annual meeting. |
| Part VI, Line 7b | Bylaw changes are voted on by the membership at the annual meeting. |
| Part VI, Line 12 | The board fills out a questionnaire on conflict of interest |
| Part VI, Line 1 | issues. The board policies are reviewed on a continuing basis. |
| Part VI, Line 15b | The board reviews the compensation of all key staff. |
| Part VI, Line 19 | All documents are available to the public upon receipt of request |
| Part VI, Line 1 | for such documents. |