2022-08-11T11:15:34-07:00 2021-12-31 990 2021-01-01 930958642 OREGON TRAIL ELECTRIC CONSUMERS COOPERATIVE INC OREG 5415233616 PO BOX 226 BAKER CITY OR 97814 LES M PENNING CEO 2022-08-11 LES M PENNING 999009999 3 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z PO BOX 226 BAKER CITY OR 97814 59383158 false X OTEC.COOP X 1987 OR To safely provide reliable electric and related services that support the economy and the quality of life of OTEC members based on the cooperative principles. 9 9 95 0 80000 55948932 59132681 174654 144635 15180 25842 56138766 59383158 52408 253000 2531890 5692695 1349295 1441961 0 0 52205173 51995502 56138766 59383158 0 129746643 131875952 56935952 56278962 72810691 75596990 To safely provide reliable electric and related services that support the economy and the quality of life of OTEC members based on the cooperative principles. false false 58523410 59132681 PROVIDE ELECTRIC SERVICE TO OUR MEMBER - OWNERS 58523410 false false false false false false false false false true true false false true false true false false false false false false false false false false true true true false false false false false false false false false false false true false false true 58 0 true 95 true false false false false false 59215538 2253007 false false false X 9 9 false false false false true true true true true false true true true true true true true true true true false X X MICHELLE LONG 5415233616 4005 23rd ST BAKER CITY OR BAKER CITY OR 978140226 LES M PENNING CEO 60.00 0.00 X 336389 0 240664 CHARLES TRACY DIRECTOR OF ENGINEERING 45.00 0.00 177425 0 113974 VERNON P MCCLUSKEY SERVICEMAN/INSPECT 47.00 0.00 160202 0 102061 TOM HIGGINS WORKING FOREMAN 49.00 0.00 164551 0 79025 RICH ESKEW WORKING FOREMAN 47.00 0.00 155105 0 86315 AL DOCKWEILER JOURNEYMAN LINEMAN 49.00 0.00 156101 0 67945 SETH MCKERN JOURNEYMAN LINEMAN 49.00 0.00 156597 0 46257 MIKE POMMARANE DIRECTOR OF OPERATIONS 50.00 0.00 174101 0 26292 HEIDI DALTON CFO 50.00 0.00 X 155511 0 25330 CHARLENE CHASE Director 9.00 0.00 X 24900 0 0 ALETHA BONEBRAKE Vice President 10.00 0.00 X X 24600 0 0 GREG HOWARD Director 6.00 0.00 X 24150 0 0 AUSTIN BINGAMAN Director 5.00 0.00 X 21000 0 0 ROBERT CARGILL DIRECTOR 8.00 0.00 X 20250 0 0 WAYNE OVERTON President 4.00 0.00 X X 20225 0 0 DAVID BAUM Director 6.00 0.00 X 19350 0 0 GARY MILLER Secretary 6.00 0.00 X X 19050 0 0 GEORGE GALLOWAY Director 3.00 0.00 X 18750 0 0 1828257 787863 9 false true false THE TREE SERVICE PO BOX 17 BURNS OR 97720 TREE TRIMMING 1487991 MERIDIAN COOPERATIVE INC 100 ASHFORD DRIVE SUITE 500 ATLANTA GA 30338 SOFTWARE & BILLING 526121 TITAN ELECTRIC INC DBA FB TITAN 8695 DELTA DR CASPER WY 82604 LINEMAN CREW 363915 PATTON EX PO BOX 669 BAKER CITY OR 97814 EXCAVATION/SNOW REMOVAL 247846 ALTEC INDUSTRIES PO BOX 11407 BIRMINGHAM AL 352460414 EQUIPMENT AND REPAIRS 403314 9 80000 80000 ELECTRIC ENERGY SALES 221000 58316958 58316958 OTHER ELECTRIC REVENUE 221000 582773 582773 PATRONAGE DIVIDENDS 221000 76137 76137 POLE RENTAL INCOME 221000 156813 156813 59132681 144635 144635 0 0 0 0 0 0 0 SALE OF MAT'LS TO MEMBERS 221000 25842 25842 25842 59383158 59070208 232950 76333 76333 176667 176667 0 5692695 5692695 1441961 582213 859748 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1920474 1920474 0 5043673 5043673 0 PURCHASED POWER EXPENSE 27257003 27257003 DISTRIBUTION EXPENSE 7356994 7356994 ADM.& GEN. EXPENSE 6632563 6632563 TAXES - PROPERTY AND GROSS REV 1874175 1874175 1910620 1910620 59383158 58523410 859748 0 4360 5825 7236449 8337184 0 6859124 6516530 0 0 520000 4295761 5237936 1568006 1064106 169624603 67842853 101587009 101781750 0 8195934 8380661 0 0 31960 129746643 131875952 9830339 10555839 46375314 44886158 730299 836965 56935952 56278962 X 1943402 2049560 70867289 73547430 72810691 75596990 129746643 131875952 X 0 2786299 X false true X true false 368739 368739 12692685 4479275 8213410 12268235 8235635 4032600 144294944 55127943 89167001 101781750 8380661 Contrib. In Aid Const. 821965 Deferred Grant Revenue 15000 836965 59383158 59383158 59383158 53690463 53690463 5692695 5692695 59383158 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S BENEFITS FOR MEMBERS (ALLOCATED MARGINS) $5692695 true COMMUNITY CONNECTIONS 2802 ADAMS AVE LA GRANDE OR 97850 27883 0 LOW INCOME ENERGY ASSISTANCE OTEC MEMBER FOUNDATION 4005 23RD STREET BAKER CITY OR 97814 28450 0 COMMUNITY SCHOLARSHIPS & DONATIONS THE DOLLYWOOD FOUNDATION 111 DOLLYWOOD LN PIGEON FORGE TN 37863 20000 0 IMAGINATION LIBRARY FOR OUR MEMBERS 1 2 SCHOLARSHIPS 36 176667 true X X X X X X false false false AL DOCKWEILER JOURNEYMAN LINEMAN 94972 61129 41251 26694 224046 CHARLES TRACY DIRECTOR OF ENGINEERING 157957 2000 17468 78061 35913 291399 HEIDI DALTON CFO 152905 2000 606 9671 15659 180841 LES M PENNING CEO 300480 30800 5109 201528 39136 577053 MIKE POMMARANE DIRECTOR OF OPERATIONS 173305 796 3165 23127 200393 RICH ESKEW WORKING FOREMAN 103451 51654 51040 35275 241420 SETH MCKERN JOURNEYMAN LINEMAN 97355 59242 28970 17287 202854 TOM HIGGINS WORKING FOREMAN 101177 63374 43751 35274 243576 VERNON P MCCLUSKEY SERVICEMAN/INSPECT 141800 18402 69155 32906 262263 Client Note 1 Client Note 1 - OREGON TRAIL ELECTRIC CONSUMERS COOPERATIVE, INC.TAX YEAR ENDED DECEMBER 31, 2021FORM 990, PAGE 5, PART V, LINE 11b 93-0958642GROSS INCOME RECEIVED FROM OTHER SOURCES:INTEREST INCOME $ 144,635CAPITAL CREDIT DISCOUNTS TAKEN 103,906CAPITAL CREDITS REC'D - CFC 134,745CAPITAL CREDITS - OTHER 76,137OTHER NON OPERATING INCOME 25,842CONTRIBUTION IN AID OF CONSTRUCTION 631,095C&R DISCOUNT 1,136,647 TOTAL GROSS INCOME RECEIVED FROM OTHER SOURCES $2,253,007 Client Note 2 Client Note 2 - ANALYSIS OF PLANT AND ACCUMULATED DEPRECIATIONTOTAL ELECTRIC PLANT AS OF 12/31/2021 DATE COST ORPROPERTY ELECTRIC PLANT ACQUIRED OTHER BASISPRODUCTION 88-93 $2,531TRANSMISSION 88-21 $ 14,567,957DISTRIBUTION 88-21 $112,405,174GENERAL PLANT 88-21 $ 24,765,904INTANGIBLE PLANT 88-89 $ 370,520CONSTRUCTION IN PROGRESS 11-21 $ 1,824,731 ACQUISTION ADJUSTMENT 88-89 $ 10,107,659COMPLETED CONSTR/LEASED PLANT 91-21 $ 5,580,127TOTAL PLANT $169,624,603ANALYSIS OF CHANGES IN ACCUMULATED DEPRECIATIONAS OF 12/31/2021ACCUMULATED DEPRECIATION TOTAL 1. BALANCE BEGINNING OF YEAR $64,163,537 2. ADDITIONS - DEPRECIATION ACCRUALS CHARGED TO: A. DEPRECIATION EXPENSE $ 5,043,673 B. CLEARING ACCOUNTS AND OTHERS $ 307,150 C. SUBTOTAL (A+B) $ 5,350,823 3. LESS - PLANT RETIREMENTS: A. PLANT RETIRED $ 1,785,381 B. REMOVAL COSTS $ 576,918 C. SUBTOTAL (A+B) $ 2,362,299 4. PLUS SALVAGED MATERIALS $ 547,430 5. TOTAL (2c-3c+4) $ 3,535,954 6. OTHER ADJUSTMENTS - DEBIT OR CREDIT $ -- 7. BALANCE END OF YEAR (1+5+6) $67,699,491 8. PLUS RETIREMENT WORK IN PROGRESS $ 143,362 9. TOTAL ACCUMULATED DEPRECIATION $67,842,853 Client Note 3 Client Note 3 - OTHER SELECTED DISCLOSURES FOR THE YEAR ENDED DECEMBER 31, 2021BECAUSE A UTILITY'S BOOKS AND RECORDS ARE NOT MAINTAINED ON A METHOD TO PROVIDE THE DISCLOSURES REQUESTED IN PART IX OF FORM 990, THE FOLLOWING DISCLOSURES ARE INCLUDED AS ADDITIONAL INFORMATION. AMOUNTS CAPITALIZED REPRESENT COSTS THAT WERE INCLUDED IN THE CONSTRUCTION OF ELECTRIC PLANT, RATHER THAN BEING EXPENSED DURING THE CURRENT PERIOD. SOME AMOUNTS MAY BE ESTIMATED.TOTAL SALARIES AND WAGES $8,760,068 CAPITALIZED PAYROLL INCLUDED ABOVE 1,440,684AMOUNTS LISTED BELOW INCLUDE BOTH EXPENSED AND CAPITALIZED AMOUNTS:PENSION CONTRIBUTIONS 2,258,794OTHER EMPLOYEE BENEFITS 2,049,687PAYROLL TAXES 658,237 LEGAL FEES 204,258ACCOUNTING FEES 32,480OTHER CONSULTANTS 42,639ADVERTISING AND PROMOTION 67,402 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder There is only one class of membership for all cooperative members. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body The cooperative is governed by a nine member board of directors. The Board of Directors appoints a nominating committee in each operating district of the cooperative. The names of the members of the nominating committee are published in local media in each district in a press release that includes the general qualifications to become a board member. In addition to those nominated by the committtee, members can be placed on the ballot if a petition is presented to the Board of Directors that contains 50 signatures of members (subject to time limitations as outlined in the bylaws of the cooperative).The directors serve three year terms. Ballots are mailed to all members prior to the annual meeting and are counted at the meeting. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders The Board of Directors are elected by the members of the cooperative. All changes in bylaws or a sale of the cooperative requires a vote of the membership. Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is reconciled to the audited financial statements for the year. The answers to the governance, management policies, gross revenue test and compensation sections are reviewed in detail. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The cooperative has a board policy whereby each board member is required annually to complete a detailed disclosure statement and certification of compliance with the Conflict of Interest Policy. If any board member has a conflict with an issue, before the item is discussed, the board member leaves the meeting.Officers and Key Employees complete a detailed checklist annually documenting potential conflicts of interest, if any. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees OTEC has had a compensation study completed by industry consultants that is updated annually. The consultant works with the Human Resourses Department to update job descriptions and job duties prior to the consultant updating the study.The Board of Directors has a compensation committee that is responsible for making a recommendation to the entire Board of Directors for adjustments to the CEO's compensation. As a part of the process, the Board of Directors set annual goals for the CEO. Based on those goals, the compensation committee prepares a performance review on which any pay adjustment is based.All employees have annual performance reviews prepared during the annual compensation adjustment process. The performance appraisals and compensation study are utilized in determining annual adjustments to Officers and Key Employees. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Form 990 is available on Guidestar.org. Condensed financial statements are published in Ruralite Magazine prior to OTEC'S annual meeting every spring. Selected policies are available on the cooperative's website at OTEC.coop, additionally, policies may be obtained by coming into the Headquarters office. Other Changes In Net Assets Or Fund Balances - Other Increases Current Year Net Operating Margins Allocated = $5692695 Other Changes In Net Assets Or Fund Balances - Other Increases Decedent Retirement Discounts = $103906 Other Changes In Net Assets Or Fund Balances - Other Increases Increase in Memberships and Donated Capital = $2252 Other Changes In Net Assets Or Fund Balances - Other Decreases Retirement of Patronage Capital = -$3012554 FORM 990, PART I, LINE 14 - BENEFITS PAID TO MEMBERS THE AMOUNT INCLUDED ON THIS LINE, REPRESENTS CAPITAL CREDITS ALLOCATED TO MEMBERS FOR THE CURRENT TAX YEAR (ALLOCATED AFTER THE END OF THE YEAR THE MARGINS WERE EARNED). THIS AMOUNT ALSO APPEARS IN FORM 990 PART IX, LINE 4; FORM 990 PAGE 12, LINE 9 TO RECONCILE CHANGES IN NET ASSETS; AND FORM 990, SCHEDULE D, SECTION XII, LINE 4B AS A RECONCILING ITEM TO ARRIVE AT EXPENSES PER AUDIT. CURRENT YEAR MARGINS $5,692,695. CAPITAL CREDITS RETIRED DURING 2021 WERE $3,012,554. OTEC MEMBER FOUNDATION 4005 23RD STREET BAKER CITY OR 97814 861266015 CHARITABLE ARM OF OREGON TRAIL ELECTRIC OR 501(c)(3) PRIVATE FOUNDATION N/A false false true false false false false false false false false false false false true true false false false false OTEC MEMBER FOUNDATION b 28705 COST OTEC MEMBER FOUNDATION n 573 OTEC MEMBER FOUNDATION o 21066 COST