2023-05-11T17:25:49-04:00 2022-12-31 411562398 CARLSONSV LLP 5801 DULUTH STREET SUITE 360 GOLDEN VALLEY MN 55422 990 2022-01-01 390539446 PIERCE-PEPIN COOPERATIVE SERVICES PIER 7152734355 PO BOX 420 ELLSWORTH WI 540110420 NATHAN BOETTCHER PRESIDENT/CEO 7152732429 2023-05-10 true NATHAN BOETTCHER 999009999 false MATT GUYER CPA P00386499 7635429633 2023-05-11 X 2022 2023-04-26 12:10:37Z NATHAN BOETTCHER W7725 HWY 10 ELLSWORTH WI 540110420 19896527 false X WWW.PIERCEPEPIN.COOP X 1937 WI COOPERATIVE ELECTRIC ULILITY SALES TO ITS MEMBERS. 9 9 45 148645 0 18818901 19719754 6580 21478 7902 155295 18833383 19896527 0 1394014 1034409 483613 415801 0 0 16955756 18446317 18833383 19896527 0 45602496 64645543 21175905 40234384 24426591 24411159 TO PROVIDE ELECTRICITY TO MEMBERS AND TO CONSTRUCT AND MAINTAIN ELECTRIC DISTRIBUTIION LINES TO DELIVER ELECTRICITY TO MEMBERS. false false PROVIDED ELECTRICAL DISTRIBUTION TO OUR 7,806 MEMBER OWNERS USING OUR 1,364 MILES OF LINE WE MAINTAIN IN RURAL WISCONSIN. false false false false false false false false false true false true false true true false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 171 0 45 true true true false false false false 19916948 785062 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false WI X X MARK ANDERSON 7152732429 W7725 HWY 10 ELLSWORTH WI 54011 NATHAN BOETTCHER PRESIDENT/CE 47.00 X 206469 0 97894 BRADLEY RISTOW VP OPERATION 54.00 X 149823 0 62973 MARK ANDERSON VP/CFO 43.00 X 128936 0 72390 DANIEL JENSEN LINEMAN 47.00 X 111486 0 72522 GREG FALDE LINEMAN 43.50 X 103160 0 62897 JOSEPH MARCKS LINEMAN 43.00 X 107859 0 31615 AARON LANGER LINEMAN 42.00 X 108385 0 19602 ROGER WIFF CHAIRMAN 3.51 X X 14800 0 0 GERALD DRIER DIRECTOR 3.37 X 10000 0 0 BRIAN S BERGSENG VICE CHAIRMA 6.06 X X 9600 0 0 DANIEL J REIS DIRECTOR 8.54 X 9400 0 0 GINNY HUBER SECRETARY/TR 6.78 X X 8996 0 0 EDWARD HASS DIRECTOR 2.47 X 8400 0 0 ANN YOUNG DIRECTOR 6.95 X 7600 0 0 JOSEPH C BACON DIRECTOR 3.10 X 6000 0 0 BRIAN BERG DIRECTOR 3.70 X 5600 0 0 996514 419893 8 false true false TD&I CABLE MAINTENANCE INC PO BOX 266 LAKELAND MN 55043 BROADBAND INSTA 8080577 ITG COMMUNICATIONS LLC 152 MOLLY WALTON DR HENDERSONVILLE TN 37075 BROADBAND INSTA 2159827 CONEXON LLC 2001 GRAND BLVD 700 KANSAS CITY MO 64108 BROADBAND INSTA 1232778 TJADER & HIGHSTROM UTILITY SERVICES PO BOX 856489 MINNEAPOLIS MN 55485 POWER LINE CONS 828333 PUSH INC PO BOX 72 1100 LINDY STREET RICE LAKE WI 54868 CONSTRUCTION 757867 5 ELECTRICAL REVENUE 221000 19216270 19216270 CAPITAL CREDITS 221000 495311 495311 POLE RENTAL 221000 8173 8173 19719754 21478 21478 ACCESS FEE 532000 148645 148645 MISC REVENUE/ASSET SALES 6650 6650 155295 19896527 19718231 148645 29651 1034409 415801 957110 1913014 PURCHASED POWER 10358988 ADMIN AND GENERAL 1463066 OPERATIONS 1304930 MAINTENANCE 1282427 1166782 19896527 0 0 0 383204 461986 19019 3797 1854974 2611692 377630 780770 77724325 26839597 31495934 50884728 8461326 8833703 3010409 1068867 45602496 64645543 1279029 2093718 15837838 35763390 4059038 2377276 21175905 40234384 X 24605206 24465117 -178615 -53958 24426591 24411159 45602496 64645543 X 0 -15432 X false true X true true true 116698 116698 77607627 26839597 50768030 50884728 DAIRYLAND POWER COOPERATIVE 7032423 C NRU CFC 818506 C NATIONAL RURAL UTILITIES COOPERATIVE 455160 C OTHER INVESTMENTS 273741 C FEDERATED RURAL ELECTRIC INSURANCE 149136 C SWIFTCURRENT CONNECT, INC. 104737 C 8833703 DEFERRED CREDITS 947040 ACCRUED VACATION AND SICK LEAVE 420712 OTHER LIABILITIES 340402 CUSTOMER DEPOSITS 212636 ACCRUED INTEREST 163406 INVESTMENT IN ELECTRONIC DEV. CORP 158695 ACCRUED WAGES 134385 2377276 X 20677111 780584 780584 19896527 19896527 19519195 657077 657077 18862118 1034409 1034409 19896527 SCHEDULE D, PAGE 3, PART X THE COMPANY ACCOUNTS FOR INCOME TAX PROVISIONS FOLLOWING ASC TOPIC 740, INCOME TAXES, WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING AND DISCLOSING IN THE FINANCIAL STATEMENTS ANY UNCERTAIN TAX POSITIONS THE COMPANY HAS OR EXPECTS TO TAKE IN ITS INCOME TAX RETURNS. THE COMPANY'S POLICY IS TO INCLUDE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS/LIABILITIES IN INCOME TAX EXPENSE. THE COMPANY HAD NO UNRECOGNIZED TAX BENEFITS/LIABILITIES. SCHEDULE D, PAGE 4, PART XI, LINE 2D SUBSIDIARIES REVENUES INCLUDED IN CONSOLIDATED FINANCIALS 780,584 SCHEDULE D, PAGE 4, PART XII, LINE 2D SUBSIDIARIES EXPENSES INCLUDED IN CONSOLIDATED FINANCIALS 657,077 SCHEDULE D, PAGE 4, PART XII, LINE 4B CAPITAL CREDITS ALLOCATED TO MEMBERS 1,034,409 X X X X X false false false NATHAN BOETTCHER PRESIDENT/CEO 206469 60142 37752 304363 BRADLEY RISTOW VP OPERATIONS 149823 62026 947 212796 MARK ANDERSON VP/CFO 128936 35087 37303 201326 DANIEL JENSEN LINEMAN 111486 34517 38005 184008 GREG FALDE LINEMAN 103160 24856 38041 166057 FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS OF THE COOPERATIVE. FORM 990, PAGE 6, PART VI, LINE 7A THERE ARE NINE DISTRICTS. MEMBERS VOTE FOR DIRECTORS FROM EACH DISTRICT. A DIRECTOR MUST LIVE IN THE DISTRICT THAT THEY REPRESENT. THEY ARE ELECTED IN THREE YEAR, STAGGERED TERMS WITH THREE DIRECTORS UP FOR ELECTION EACH YEAR. THERE IS A 4 TERM LIMIT. FORM 990, PAGE 6, PART VI, LINE 7B THE MEMBERS HAVE TO APPROVE CHANGES TO THE BYLAWS BY A MAJORITY VOTE. FORM 990, PAGE 6, PART VI, LINE 11B COPIES OF THE FORM 990 ARE MADE AVAILABLE TO THE DIRECTORS BY A SECURED WEB SITE PRIOR TO BEING FILED. DIRECTOR INPUT IS THEN GATHERED AND CHANGES MADE BEFORE THE FINAL COPY IS ELECTRONICALLY SUBMITTED TO THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY THE EMPLOYEES ARE REQUIRED TO COMPLETE A QUESTIONNAIRE THAT IS THEN REVIEWED BY THE HR DEPARTMENT. FORM 990, PAGE 6, PART VI, LINE 15A PERIODICAL SALARY REVIEW BY OUTSIDE VENDOR. USE OF 990'S FILED BY COMPARABLE COMPANIES. THE COOPERATIVE ALSO SUBSCRIBES TO A SERVICE THAT PROVIDES SALARY DATA FOR COOPERATIVES IN THE ELECTRIC DISTRIBUTION INDUSTRY. FORM 990, PAGE 6, PART VI, LINE 15B PERIODICAL SALARY REVIEW BY OUTSIDE VENDOR. USE OF 990'S FILED BY COMPARABLE COMPANIES. THE COOPERATIVE ALSO SUBSCRIBES TO A SERVICE THAT PROVIDES SALARY DATA FOR COOPERATIVES IN THE ELECTRIC DISTRIBUTION INDUSTRY. FORM 990, PAGE 6, PART VI, LINE 18 A COPY IS AVAILABLE AT THE COOPERATIVE'S OFFICE FOR REVIEW. PAPER COPIES ARE AVAILABLE FOR A NOMINAL FEE AT THE ELLSWORTH OFFICE. THE FORM IS ALSO AVAILABLE ON GUIDESTAR.ORG. FORM 990, PAGE 6, PART VI, LINE 19 A COPY OF BOARD POLICIES IS AVAILABLE AT THE COOPERATIVE'S OFFICE FOR REVIEW. PAPER COPIES ARE AVAILABLE FOR A NOMINAL FEE. FORM 990, PART XI, LINE 9 CAPITAL CREDITS ALLOCATED 1,034,409 SUBSIDIARIES REVENUES INCLUDED IN CONSOLIDATED FIN 780,584 RETIREMENT OF CAPITAL CREDITS -1,174,498 SUBSIDIARIES EXPENSES INCLUDED IN CONSOLIDATED FIN -655,927 TOTAL -15,432 PIERCE PEPIN ELECTRIC DEV CORP PO BOX 420 ELLSWORTH WI 54011 752989679 ASSISTANCE WI 501C4 N/A false PIERCE PEPIN CARES FOUNDATION INC PO BOX 420 ELLSWORTH WI 54011 853889308 ASSISTANCE WI 501C3 N/A false SWIFTCURRENT CONNECT INC PO BOX 420 ELLSWORTH WI 54011 611981290 BROADBAND WI N/A C CORP 124657 888145 1.00000 false true true false false false false false false false true false false false true true false false false false PIERCE PEPIN ELECTRIC DEV CORP A 7356 ACTUAL CASH PAID PIERCE PEPIN ELECTRIC DEV CORP B 7356 ACTUAL CASH PAID PIERCE PEPIN CARES FOUNDATION INC L 31965 ACTUAL CASH PAID SWIFTCURRENT CONNECT INC J 145645 ACTUAL CASH PAID