2023-09-19T15:20:29-07:00 2022-12-31 260152208 DECORIA BLAIR & TEAGUE PS 7307 N DIVISION ST STE 222 SPOKANE WA 99208 990 2022-01-01 810168065 Missoula Electric Cooperative Inc MISS 4065414433 1700 W Broadway Missoula MT 59808 Mark Hayden General Manager 2023-09-19 true Mark Hayden 999009999 true Brandon J Blair P01966667 5093282229 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Mark Hayden 1700 W Broadway Missoula MT 59808 26437138 false X www.missoulaelectric.com X 1937 MT Missoula Electric Cooperative, Inc. strives to uphold a commitment to service excellence, while delivering safe, affordable and reliable electriciy to its members. 7 7 46 952060 529441 0 23102174 25056978 420477 362100 908267 1015980 24430918 26435058 0 1616128 1785059 6169580 6445693 0 0 15642042 17667455 23427750 25898207 1003168 536851 70319487 75821865 36392304 40873817 33927183 34948048 Missoula Electric Cooperative, Inc. strives to uphold a commitment to service excellence, while delivering safe, affordable and reliable electriciy to its members. false false The Cooperative provides electric service to approximately 13,300 members in Montana (six counties) and Idaho (one county). false false false false false false false false false true false true false true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 40 0 true 46 true true true false false false false 28181880 2083706 false false false X 7 7 false false false false true true true true true false false true true true true true true true true false X Keelie Montalban 4065414433 1700 W Broadway Missula MT 59808 Mark Hayden General Manager 40.00 0.00 X 292225 0 102390 Keelie Montalban CFO 40.00 0.00 X 143158 0 70780 Erik Langaunet Engineering Manage 40.00 0.00 137666 0 60263 Keven Kuhn CTO 40.00 0.00 145701 0 38606 Nicholas Labbe Dir. of Operations 40.00 0.00 134800 0 49090 Mitchell Dupree Foreman 40.00 0.00 133266 0 47692 Maxwell Bean Lineman 40.00 0.00 135754 0 43859 Joseph Smith COO 40.00 0.00 X 119878 0 57474 Dena Hooker Vice President 4.71 0.00 X X 27350 0 0 Roy Handley Sec/Treas 3.92 0.50 X X 25285 1500 0 Thomas Alsaker Trustee 2.92 0.50 X 24565 1500 0 Raymond Cebulski Trustee 2.85 0.00 X X 25285 0 0 Pete Simonich President 3.92 0.50 X X 25285 0 0 Terry Hoke Trustee 4.12 0.00 X 22005 0 0 Candace Jerke Trustee 6.36 0.00 X 20660 0 0 James Garrett Pallo Trustee 5.33 0.00 X 4755 0 0 1417638 3000 470154 20 false true false Rocky Mountain Contractors Inc PO Box 8688 Kalispell MT 59904 Line Contractor 2002252 Montana Electric Coop Association PO Box 1306 Great Falls MT 59403 Membership Association 179233 Asplundh Tree Expert Co 1700 Solutions Center Chicago IL 60677 Right of Way Tree Cl 456050 RML Inc 12180 Pulpmill Rd Missoula MT 59808 Line Contractor 289800 Altec Industries Inc PO Box 11407 Birminghan AL 35246 Line Equipment 453710 7 0 Member power sales 24892643 24892643 Other operating revenues 164335 164335 25056978 319180 278009 41171 0 0 63220 63220 63220 63220 45000 2080 42920 42920 42920 0 0 0 Equity in sub income 454310 952060 952060 Other non-op. income 700 700 952760 26435058 25378607 952060 104391 0 0 0 1785059 961095 0 3561054 786434 760068 377042 0 9723 17625 2131 0 0 160789 233653 71645 277860 0 0 13409 0 195349 1162620 0 2510233 249702 Cost of power 11638326 Distribution - operations 3264996 Distribution - maintenance 2040160 Administration and general 787884 -4968650 25898207 0 0 0 712140 1494464 0 0 3079589 2877943 0 0 0 1886236 3522543 1079983 939129 103465124 43052520 57603916 60412604 0 1226512 1749268 4731111 4825914 0 0 70319487 75821865 4637545 5061882 29228151 32263971 2526608 3547964 36392304 40873817 X 8401876 9412058 25525307 25535990 33927183 34948048 70319487 75821865 X 536851 -49861 6752 527123 X false true X true false 1713094 1713094 3034657 1380005 1654652 6361484 4704345 1657139 92355889 36968170 55387719 60412604 RDP funds 1500000 F 4825914 Consumer prepayments 330553 Deferred credits 3217411 3547964 X 26385197 -49861 -49861 26435058 26435058 24113148 24113148 1785059 1785059 25898207 Part X : FIN48 Footnote The Cooperative is a tax-exempt organization under the provisions of Section 501(c)(12) of the Internal Revenue Code. Accordingly, no provision for income taxes is recorded in the accompanying financial statements. However, the Cooperative is subject to tax on unrelated business income (see Note 4).The Cooperative has not identified any uncertain income tax positions that would jeopardize its tax-exempt status. The Cooperatives income tax returns are subject to review and examination by taxing authorities. With few possible exceptions, the tax returns essentially remain open for possible examination for a period of three years after the respective filing deadlines of those returns. Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Patronage capital credits to be allocate $1785059 X true true X X false false false Erik Langaunet Engineering Manage 137666 39381 20882 197929 Joseph Smith COO 119878 35738 21736 177352 Keelie Montalban CFO 143158 42915 27865 213938 Keven Kuhn CTO 145701 38426 180 184307 Mark Hayden General Manager 292225 82264 20126 394615 Maxwell Bean Lineman 135754 25589 18270 179613 Mitchell Dupree Foreman 133266 29422 18270 180958 Nicholas Labbe Dir. of Operations 134800 29939 19151 183890 Part I, Line 1a: Relevant information in regards to selections on 1a. Form 990, Part VI, Section A, Line 6 The Cooperative has 13,272 eligible voting members at December 31, 2022. Members consist of individuals and businesses that receive electric service from the Cooperative. Form 990, Part VI, Section A, Line 7a Each year at the Cooperative's annual meeting, that is typically held in March, the membership elects two or three Directors to serve on the Board of Directors for a three-year term. Form 990, Part VI, Section A, Line 7b Changes to the Cooperative's bylaws require approval by its members. Each member is entitled to one vote for making changes to the Cooperative's bylaws. Form 990, Part VI, Section B, Line 11b After the Form 990 has been prepared by the independent accountants, management reviews the Form for accuracy and completeness. Once management believes the Form is complete and accurate, the Form is submitted to the Board for their review and approval. Upon receiving their approval, the Form is signed by the Secretary/Treasurer prior to its filing. Form 990, Part VI, Section B, Line 12c All trustees must disclose to the Board of Directors any situation or transaction on which the trustee is involved which violates, or could appear to violate the intent of the conflict of interest policy. The board will then determine what action, if any, should be taken. Each trustee is responsible for ensuring that his or her actions and behavior are in accordance with this policy. The Board President shall be responsible for ensuring that all trustees adhere of this policy; however, any trustee may bring to the attention of the Board any perceived violation of the conflict of interest policy. Form 990, Part VI, Section B, Line 15a The National Rural Electric Association (NRECA) and Montana statewide organization - Montana Electric Cooperative Association (MECA) performs an annual salary survey by job classification. The Board of Directors makes use of these salary surveys from NRECA and MECA to determine the salary guidelines for the general manager salary. The general manager uses these salary surveys to determine the range of salaries for the exempt, non-union positions. The Cooperative lineman salaries are established by a signed collectively bargained union contract. Form 990, Part VI, Section C, Line 19 All governing documents, policies, and financial reports - RUS Form 7 and Form 990 - are available upon request at the Cooperatives headquarter office. Also, bylaws and handbooks are given to every new member. Also, the Cooperatives statement of financial condition is disclosed annually to its membership with the annual meeting notice. Form 990, Part XI, Line 9 Patronage capital credits to be allocate = $1785059 Form 990, Part XI, Line 9 Retirements of patronage capital = -$1257936 Form 990, Part I, Line 1, Description of organization mission Basis by providing electrical power to its members located in the western portion of Montana in accordance with IRS Section 501(c)(12) Energy Partners LLC 2500 W Broadway Missoula MT 59808 810535898 Sale of Propane and Propane Services MT MEC owns 50 559362 8610955 false true 0.50000 Missoula Electric Coop Education Trust 1700 W Broadway Missoula MT 59808 276088993 Distribute funds for educational purpose MT N/A TRUST -68 201373 1.00000 false false false false false false true false false false false false false false false false false false false false Energy Partners LLC f 1316600 Cost Part III, Identificationof Related Organizations Taxable as Partnerships Name of Related Organization:Energy Partners, LLCDirect Controlling Entity: Missoula Electric Cooperative, Inc. owns 50%