2023-06-30T08:57:23-05:00 2022-12-31 910189318 MOSS ADAMS LLP 601 W RIVERSIDE AVENUE STE 1800 SPOKANE WA 99201 990 2022-01-01 930308755 DOUGLAS ELECTRIC COOPERATIVE INC DOUG 5416736616 PO BOX 1327 ROSEBURG OR 97470 JAMES K BROOKS GENERAL MANAGER 5416736616 2023-06-28 1 JAMES BROOKS 999009999 0 EMINA O CRESSWELL CPA P01217304 5097472600 2023-06-27 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KEITH BROOKS PO BOX 1327 ROSEBURG OR 97470 24778208 0 X WWW.DOUGLASELECTRIC.COM X 1939 OR PROVIDE ELECTRIC SERVICE TO MEMBERS. 7 7 45 0 0 0 0 0 17397186 18673374 376188 435198 4858182 5558617 22631556 24667189 0 0 392597 716202 2389425 2796813 0 0 0 15147808 15757816 17929830 19270831 4701726 5396358 72257465 76966884 32492190 31690286 39765275 45276598 PROVIDE ELECTRIC SERVICE TO MEMBERS. 0 0 SALE OF ELECTRICAL SERVICES TO MEMBERS. 0 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 1 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 1 0 1 36 0 1 45 1 0 0 0 0 0 19029117 551518 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 X BILL REINHART 5416736616 PO BOX 1327 ROSEBURG OR 97470 ARMSTRONG SUZETTE TREASURER 3.00 X X 3120 0 0 BARNES EVAN DIRECTOR 3.00 X 5000 0 0 CAIRNS SHIRLEY SECRETARY 8.00 X X 7240 0 0 HOUSE E DAVID DIRECTOR 3.00 X 6280 0 0 JACKSON BILL VICE PRESIDENT 3.00 X X 5480 0 0 NELSON TERRY DIRECTOR 3.00 X 2600 0 0 POAGE ROBERT PRESIDENT 3.00 X X 3680 0 0 BROOKS KEITH CEO 40.00 X 238839 0 61071 REINHART WILLIAM CFO 40.00 X 141301 0 47239 WAY TODD DSI MANAGER 1.00 40.00 X 0 281333 50483 BIGLER PHILLIP ASSISTANT GM 40.00 X 148071 0 51040 MCCALL CODY LINEMAN 47.00 X 169540 0 32689 ROBBINS NATHAN LINEMAN 47.00 X 159300 0 33765 SHERWOOD TODD FIRE MITIGATION MANAGER 40.00 X 159811 0 54905 UTLEY DONALD GENERAL-FORMAN 47.00 X 182494 0 62310 1232756 281333 393502 19 0 1 0 PENCE CONSTRUCTION LLC 5400 MEADOWS RD STE 400 LAKE OSWEGO OR 97035 HQ BUILDING CONSTRUCTION CONTRACTOR 5971465 JENSEN'S TREE SERVICE INC PO BOX 610 WINSTON OR 97496 TREE TRIMMING 1659291 JT ROCKS & EXCAVATION LLC 501 HAMBRICK AVE SUTHERLIN OR 97479 GROUND WORK/EXCAVATION 260864 PIONEER UTILITY RESOURCES INC PO BOX 1306 NORTH PLAINS OR 97133 MAGAZINE, WEBSITE,SOCIAL MEDIA SERVICES 172127 CASCADE CONSTRUCTION & EXCAVATION PO BOX 610 WINSTON OR 97496 POLE TESTING 121593 5 ELECTRIC REVENUE 221000 18408895 18408895 RENT FROM ELECTRIC PROPERTY 221000 264479 264479 18673374 424450 424450 121767 111019 10748 10748 10748 SUBSIDIARY INCOME 221000 5396358 5396358 PATRONAGE CAPITAL CREDITS 221000 162259 162259 5558617 24667189 23967512 0 699677 716202 521850 2274963 13335 45139 715510 2060656 COST OF POWER 6918132 TRANSMISSION AND DISTRI 3601580 ADMINISTRATIVE AND GENE 1515752 TAXES - GENERAL 542131 345581 19270831 1192 1192 7423551 1113440 7136647 6931075 467413 581741 427156 464527 81356197 33759912 40120998 47596285 4160678 2362438 12519830 17916186 72257465 76966884 2223209 1501844 26881267 26669747 3387714 3518695 32492190 31690286 X 42060 42175 11889180 11005449 27834035 34228974 39765275 45276598 72257465 76966884 X 5396358 114965 X 0 1 X 1 1 1 2500 2500 2500 1 OREGON ACTION COMMITTEE FOR RURAL ELECTRIFICATION 8565 SW SALISH LANE SUITE 130 WILSONVILLE OR 97070 470861601 2500 PART I-A, LINE 1: THE COOPERATIVES ONLY INDIRECT POLITICAL CAMPAIGN ACTIVITY IS A CONTRIBUTION TO THE OREGON ACTION COMMITTEE FOR RURAL ELECTRIFICATION. 496364 496364 9771701 1083748 8687953 4987821 3914570 1073251 66100311 28761594 37338717 47596285 INVESTMENT IN DSI 17916186 C 17916186 PATRONAGE CAPITAL PAYABLE 2846925 DEFERRED CREDITS 185739 POSTRETIREMENT BENEFIT OBLIGATION 178281 CONSUMER DEPOSITS 307750 3518695 X PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE, EXCEPT TO THE EXTENT OF UNRELATED BUSINESS INCOME, IF ANY. AN EXEMPTION FROM THE STATE OF OREGON CORPORATION EXCISE TAX IS PROVIDED BY OREGON REVISED STATUTES 317.080. THE COOPERATIVE FOLLOWS FASB ASC 740-10, INCOME TAXES, WHICH RELATES TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE COOPERATIVE FILES AN EXEMPT ORGANIZATION TAX RETURN IN THE U.S. FEDERAL JURISDICTION. THE COOPERATIVE RECORDS UNCERTAIN TAX POSITIONS IF THE LIKELIHOOD THE POSITION WILL BE SUSTAINED UPON EXAMINATION IS LESS THAN 50%. AS OF DECEMBER 31, 2022 AND 2021, THE COOPERATIVE HAD NO ACCRUED AMOUNTS RELATED TO UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES, IF ANY, ARE RECORDED AS INTEREST EXPENSE AND OTHER EXPENSE, RESPECTIVELY. X X X 0 0 0 WAY TODD DSI MANAGER 0 281333 0 0 0 0 0 23425 0 27058 0 331816 0 0 BROOKS KEITH CEO 238839 0 0 0 0 0 33000 0 28071 0 299910 0 0 0 UTLEY DONALD GENERAL-FORMAN 182494 0 0 0 0 0 41353 0 20957 0 244804 0 0 0 SHERWOOD TODD FIRE MITIGATION MANAGER 159811 0 0 0 0 0 27432 0 27473 0 214716 0 0 0 MCCALL CODY LINEMAN 169540 0 0 0 0 0 12257 0 20432 0 202229 0 0 0 BIGLER PHILLIP ASSISTANT GM 148071 0 0 0 0 0 22896 0 28144 0 199111 0 0 0 ROBBINS NATHAN LINEMAN 159300 0 0 0 0 0 13326 0 20439 0 193065 0 0 0 REINHART WILLIAM CFO 141301 0 0 0 0 0 13104 0 34135 0 188540 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THERE IS ONLY ONE CLASS OF MEMBERSHIP FOR ALL CUSTOMERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION IS A COOPERATIVE FORMED TO PROVIDE ELECTRIC SERVICE TO ITS MEMBERS. EACH MEMBER HAS ONE VOTE TO ELECT DIRECTORS, RATIFY CHANGES TO THE COOPERATIVE'S BYLAWS, AND ANY OTHER ACTION THAT REQUIRES APPROVAL OF THE GENERAL MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B THE GOVERNING BODY MAY RESERVE CERTAIN DECISIONS TO BE PUT ON A BALLOT FOR APPROVAL OF THE GENERAL MEMBERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED AND SUBMITTED FOR REVIEW BY THE GENERAL MANAGER/CEO AND CHIEF FINANCIAL OFFICER. AFTER REVIEW BY SENIOR MANAGEMENT, IT WAS SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND DISCUSSION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO REVIEW VENDORS, ORGANIZATIONS AND RELATIONSHIPS ANNUALLY, AND DECLARE CONFLICTS OF INTEREST THAT ARE PROHIBITED BY COMPANY POLICY. SHOULD A CONFLICT ARISE, THE MEMBER WITH THE CONFLICT REMOVES THEMSELVES FROM THE DECISION-MAKING PROCESS INVOLVING THE CONFLICTED ENTITY. FORM 990, PART VI, SECTION B, LINE 15 MULITIPLE EXTERNAL INDUSTRY SOURCES ARE USED FOR WAGE COMPARISON AND BENCHMARKING. CEO COMPENSATION IS BASED ON INDUSTRY COMPARISON AND INDEPENDENT SURVEYS. WAGES AND ADJUSTMENTS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. TOP MANAGEMENT SALARIES ARE ALSO BASED ON INDUSTRY COMPARISONS. THE COMPENSATION REVIEW PROCESS IS COMPLETED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS, BYLAWS, BOARD POLICIES, AND OTHER ORGANIZATIONAL DOCUMENTS ARE AVAILABLE UPON REQUEST. THE COOPERATIVE ALSO HOLDS AN ANNUAL MEETING OF THE MEMBERSHIP AND PROVIDES FINANCIAL AND OTHER INFORMATION AT THE MEETING. FORM 990, PART XI, LINE 9: INCREASE IN MEMBERSHIPS 115. RETIREMENT OF CAPITAL CREDITS -1,002,476. DECREASE IN OCI 64,872. DONATED & DISCOUNTED CAPITAL CREDITS 336,252. AMOUNT OF BENEFITS PAID TO MEMBERS PER 990 INSTRUCTIONS, INTERPRETED TO EQUAL NET MARGINS AS THAT IS THE EQUIVALENT OF THE BENEFITS MEMBERS RECEIVE IN THE CURRENT YEAR 716,202. DOUGLAS SERVICES INC 2350 NW AVIATION DR ROSEBURG OR 97470 930978241 VOICE & BROADBAND SERVICE OR DOUGLAS ELECTRIC COOPERATIVE INC C 5396358 45570898 1.00000 1 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 DOUGLAS SERVICES INC A 214777 FMV DOUGLAS SERVICES INC M 362525 FMV DOUGLAS SERVICES INC D 4174243 FMV