2022-08-10T16:00:20-05:00 2021-12-31 450250958 EIDE BAILLY LLP 200 E 10TH ST STE 500 SIOUX FALLS SD 571046375 990 2021-01-01 410621437 WRIGHT-HENNEPIN COOPERATIVE ELECTRIC ASSOCIATION WRIG 7634773000 PO BOX 330 ROCKFORD MN 553730330 BRIAN SWANSON CFO 7634773000 2022-08-09 1 BRIAN SWANSON XXX-XX-XXXX LAURIE HANSON CPA P00851848 6053391999 2022-08-09 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z TIMOTHY SULLIVAN PO BOX 330 ROCKFORD MN 553730330 112963163 0 X WWW.WHE.ORG X 1937 MN WHCEA IS A MEMBER-OWNED, NOT-FOR-PROFIT ELECTRIC COOPERATIVE. ELECTRIC UTILITY THAT PROVIDES POWER TO RURAL WRIGHT COUNTY AND WESTERN HENNEPIN COUNTY. 9 9 134 0 0 0 0 0 101598615 108967286 484575 333139 2984397 3657291 105067587 112957716 5000 9350 12625848 2326528 1393243 2110897 0 0 0 96110128 98443825 110134219 102890600 -5066632 10067116 224862263 233547306 132503058 135107274 92359205 98440032 WE DELIVER THE POWER, PRODUCTS AND COMPETITIVE PRICING ESSENTIAL FOR IMPROVING THE QUALITY OF LIFE OF THE MEMBERS AND COMMUNITIES WE SERVE. 0 0 DELIVER THE POWER, PRODUCTS AND COMPETITIVE PRICING ESSENTIAL FOR IMPROVING THE QUALITY OF LIFE OF THE MEMBERS AND COMMUNITIES WE SERVE. THIS IS DONE BY EXECUTING A COMPREHENSIVE STRATEGY PLAN, WHICH INCLUDES PURCHASING POWER FROM SEVERAL PROVIDERS, THE LARGEST COST TO THE COOPERATIVE.THE COOPERATIVE SERVED 46,902 MEMBERS AND 4,199.57 MILES OF LINE AS OF DECEMBER 31, 2021. 0 0 0 0 0 0 0 1 0 1 1 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 40 0 1 134 1 0 0 0 0 0 0 0 113410392 4776312 0 0 0 X 9 9 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 1 0 X WRIGHT-HENNEPIN COOP ELECTRIC ASSOC 7634773000 6800 ELECTRIC DR ROCKFORD MN 55373 X ERICK HEINZ CHAIR 8.94 1.72 X X 32791 6309 0 TIMOTHY YOUNG VICE CHAIR 3.50 3.12 X X 19906 17744 0 MICHAEL TIEVA SECRETARY-TREASURER 7.44 2.54 X X 29261 9989 0 PAT BAKEBERG DIRECTOR (BEGIN MAY) 6.00 2.00 X 17137 5713 0 KENNETH HIEBEL DIRECTOR 4.25 1.63 X 25804 9896 0 CHRIS LANTTO DIRECTOR 7.00 2.00 X 28700 8200 0 DUANE BUTCH LINDENFELSER DIRECTOR 9.00 8.00 X 18874 16776 0 JOHN REYNOLDS DIRECTOR (BEGIN JULY) 1.40 1.40 X 7800 7800 0 DAVID SILVER DIRECTOR 4.30 1.50 X 27320 9530 0 BURTON HORSCH DIRECTOR (UNTIL APR) 6.50 3.90 X 5906 3544 0 DALE JANS DIRECTOR (UNTIL APR) 2.33 0.33 X 8628 1222 0 TIMOTHY SULLIVAN PRESIDENT & CEO 41.40 3.60 X 430043 37395 93678 BRIAN SWANSON CFO 27.00 18.00 X 156837 104558 30096 LANCE HOVLAND VP OF ENERGY DISTRIBUTION (JAN) 45.00 0.00 X 288390 0 14765 ANTHONY HEID VP OF INFORMATION TECHNOLOGY 35.00 10.00 X 162850 46529 77759 ROBERT SANDBERG VP OF POWER SUPPLY 45.00 0.00 X 261566 0 54601 JENNIFER SEVERSON VP OF HUMAN RESOURCES 35.00 10.00 X 143734 41066 24092 RICHARD HORMAN UNTIL JUNE SR OPERATIONS ADVISOR TO CEO 45.00 0.00 X 158882 0 27653 JONATHAN LEE LEAD LINE CREW FOREMAN 45.00 0.00 X 164965 0 10986 MICHAEL KRONQUIST RELIEF CREW FOREMAN 45.00 0.00 X 157717 0 13608 ANDREA UNGER MARKETING & MEMBER SERVICE DIRECTOR 45.00 0.00 X 151271 0 48456 KEITH BURANDT LINE CREW FORMAN 45.00 0.00 X 149959 0 33442 ANTHONY JUDE LINE CREW FORMAN 45.00 0.00 X 149755 0 45030 2598096 326271 474166 43 0 1 0 MP NEXLEVEL LLC 500 COUNTY ROAD 37 E MAPLE LAKE MN 55358 LINE CONSTRUCTION 1112914 BEAR TREE CARE INC 5625 20TH ST NE BUFFALO MN 55313 TREE TRIMMING 616022 ASPLUNDH TREE EXPERT CO PO BOX 532729 ATLANTA GA 303532729 TREE TRIMMING 502076 USIC LOCATING SERVICES LLC PO BOX 713359 CINCINNATI OH 45271 LOCATING SERVICES 369708 CBS 225 N RICHMOND ST APPLETON WI 54911 PRINTING SERVICES 277022 7 SALE OF ELECTRICITY 221000 108967286 108967286 108967286 176911 176911 21000 5447 15553 15553 15553 156228 0 156228 156228 156228 CAPITAL CREDITS 900099 2326528 2326528 INCOME FROM SUBSIDIARY 900099 1221220 1221220 MISCELLANEOUS INCOME/EXPENSE 900099 93990 93990 3641738 112957716 112609024 0 348692 X 9350 2326528 2110897 2986012 6726880 COST OF POWER 70384769 DISTRIBUTION - OPERATIO 7449573 DISTRIBUTION - MAINTENA 3992908 ADMINISTRATIVE AND GENE 2660792 4242891 102890600 1855433 1654121 2576256 3867164 6818003 6299298 8975 21513 1753232 2465316 353154 334065 207110196 76097269 125109608 131012927 25109364 26336624 54948818 54991042 6329420 6565236 224862263 233547306 17764015 17047239 9029955 8933985 19911 20520 98566163 101752672 7123014 7352858 132503058 135107274 X 0 0 0 0 92359205 98440032 92359205 98440032 224862263 233547306 X 10067116 -3986289 X X 0 1 X 1 0 0 1 X 3082992 3082992 9127713 5798194 3329519 193568539 70299075 123269464 1330952 1330952 131012927 DEFERRED COMP INVESTMENTS 983684 C INVESTMENT IN SUBSIDIARY 16418955 C SPECIAL FUNDS RESERVE 8933985 C 26336624 PATRONAGE CAPITAL FROM ASSOCIATED ORGANIZATIONS 53592751 C CFC CAPITAL TERM CERTIFICATES 1104173 C STOCKS IN ASSOCIATED COMPANIES 294118 C 54991042 CUSTOMER DEPOSITS 1886495 SICK LEAVE & WELLNESS PLAN 414367 DEFERRED CREDITS 5051996 7352858 X 112383921 -573795 -573795 112957716 0 112957716 99990277 0 99990277 2900323 2900323 102890600 PART IV, LINE 2B: MEMBERS OF WRIGHT-HENNEPIN CAN ROUND UP THEIR MONTHLY ELECTRIC BILL TO THE NEXT DOLLAR. FUNDS COLLECTED FROM THE MEMBERSHIP ARE HELD IN AN ACCOUNT UNTIL THEY ARE RELEASED TO THE WRIGHT-HENNEPIN ELECTRIC TRUST FOR DISTRIBUTION TO LOCAL CHARITIES. OPERATION ROUND UP (ORU) FUNDS DISTRIBUTION IS DETERMINED BY THE ORU BOARD OF DIRECTORS. ALL DECISIONS ARE BASED ON NEED. PRIORITY IS GIVEN TO WH MEMBERS. REQUESTS MUST BENEFIT AREA RESIDENTS AND LOCAL COMMUNITIES. FUNDS ARE TRANSFERRED TO THE TRUST MONTHLY. FUNDS THAT EXIST AT YEAR-END ARE A RESULT OF A TIMING DIFFERENCE IN THE RECEIPT OF THE FUNDS AND THEIR RELEASE TO THE TRUST. FOR THE YEAR ENDED DECEMBER 31, 2021, THE ACCOUNT HELD $20,520. PART X, LINE 2: THE COOPERATIVE BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE COOPERATIVE WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO THE UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFY CONSERVATION IMPROVEMENT PROGRAM REBATES -573,795. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFY CONSERVATION IMPROVEMENT PROGRAM REBATES 573,795. ALLOCATION OF 2021 MARGINS TO MEMBERS IN 2022 2,326,528. X X X X 1 1 0 TIMOTHY SULLIVAN PRESIDENT & CEO 287373 24989 72551 6309 70119 6097 61845 5378 25853 2248 517741 45021 0 0 ROBERT SANDBERG VP OF POWER SUPPLY 226085 0 34812 0 669 0 32456 0 23629 0 317651 0 0 0 LANCE HOVLAND VP OF ENERGY DISTRIBUTION (JAN) 101413 0 0 0 186977 0 14689 0 77 0 303156 0 126065 0 BRIAN SWANSON CFO 134217 89478 22620 15080 0 0 13339 8892 5654 3770 175830 117220 0 0 ANTHONY HEID VP OF INFORMATION TECHNOLOGY 134453 38415 27900 7972 497 142 44312 12661 17208 4917 224370 64107 0 0 JENNIFER SEVERSON VP OF HUMAN RESOURCES 122578 35022 21156 6044 0 0 11989 3425 7764 2218 163487 46709 0 0 ANDREA UNGER MARKETING & MEMBER SERVICE DIRECTOR 106771 0 19500 0 25000 0 22301 0 27097 0 200669 0 0 0 ANTHONY JUDE LINE CREW FORMAN 147849 0 1388 0 518 0 14213 0 32856 0 196824 0 0 0 RICHARD HORMAN UNTIL JUNE SR OPERATIONS ADVISOR TO CEO 103318 0 50373 0 5191 0 17722 0 9931 0 186535 0 5000 0 KEITH BURANDT LINE CREW FORMAN 148053 0 1388 0 518 0 13999 0 21482 0 185440 0 0 0 JONATHAN LEE LEAD LINE CREW FOREMAN 159884 0 4388 0 693 0 10986 0 2175 0 178126 0 0 0 MICHAEL KRONQUIST RELIEF CREW FOREMAN 156329 0 1388 0 0 0 13608 0 1920 0 173245 0 0 0 PART I, LINES 4A-B IN JANUARY OF 2021, LANCE HOVLAND RECEIVED A SEVERANCE PAYMENT OF $60,911 AS INDICATED IN COLUMN B(III) OF PART II. THE COOPERATIVE SPONSORS TWO UNFUNDED NONQUALIFIED DEFERRED COMPENSATION PLANS. UNDER THE FIRST PLAN, ONLY EMPLOYEES WHO MEET CERTAIN ELIGIBILITY REQUIREMENTS ARE ALLOWED TO PARTICIPATE. UNDER THIS PLAN, AN ANNUAL DISCRETIONARY CONTRIBUTION IS APPROVED BY THE BOARD OF DIRECTORS WITH INDIVIDUAL DISTRIBUTION AMOUNTS DETERMINED BY THE CEO. PARTICIPATING EMPLOYEES WILL BE FULLY VESTED IN THE AWARDED AMOUNTS ONLY UPON MEETING ALL VESTING REQUIREMENTS AS DEFINED IN THE PLAN AGREEMENT. SCHEDULE J, PART II COLUMN (C) INCLUDES CONTRIBUTIONS AND EARNINGS ON THE 457(F) PLAN AS FOLLOWS: ANTHONY HEID $26,333 ROBERT SANDBERG $6,565 BRIAN SWANSON $2,626 JENNIFER SEVERSON $1,313 ANDREA UNGER $5,000 UNDER THE SECOND PLAN, A FIXED AWARD HAS BEEN APPROVED BY THE BOARD OF DIRECTORS. ADDITIONAL AWARDS WILL BE MADE ANNUALLY TO THIS PLAN BASED ON AN EARNING FORMULA AND INDEX AS DEFINED IN THE PLAN AGREEMENT. VESTING REQUIREMENTS, AS DEFINED IN THE PLAN AGREEMENT, MUST BE MET BEFORE A PARTICIPANT IS ELIGIBLE TO RECEIVE ANY COMPENSATION UNDER THIS PLAN. SCHEDULE J, PART II COLUMN (C) INCLUDES CONTRIBUTIONS AND EARNINGS ON THE 475(F) PLAN AS FOLLOWS: TIMOTHY SULLIVAN $35,383 SCHEDULE J, PART II SCHEDULE J, PART II, COLUMN B(I) BASE COMPENSATION IS EQUAL TO MEDICARE WAGES EXCLUDING THE FOLLOWING COMPENSATION COMPONENTS, IF APPLICABLE: - BONUS - PTO CASH OUT - HEALTH INSURANCE EQUALIZER (CASH IN LIEU/WAIVER PAYOUT) - EMPLOYER PROVIDED AUTOMOBILE TAXABLE BENEFIT AMOUNT *MEDICARE WAGES (W2 BOX 5) - MEDICARE WAGES DEFINED AS GROSS WAGES LESS: - EMPLOYEE HSA CONTRIBUTION - ALL EMPLOYEE PAID MEDICAL PREMIUMS (HEALTH, DENTAL, VISION) SCHEDULE J, PART II, COLUMN B(II) BONUS & INCENTIVE COMPENSATION - THIS IS BONUS PAID OUT IN THE 990 CALENDAR YEAR, FOR WH, BONUS PAID IN THE CURRENT YEAR IS FOR THE PREVIOUS YEAR PERFORMANCE. SCHEDULE J, PART II, COLUMN B(III) OTHER REPORTABLE COMPENSATION - PTO CASH OUT - HEALTH INSURANCE EQUALIZER (CASH IN LIEU/WAIVER PAYOUT) - EMPLOYER PROVIDED AUTOMOBILE-TAXABLE BENEFIT AMOUNT SCHEDULE J, PART II, COLUMN C RETIREMENT AND OTHER DEFERRED COMPENSATION - EMPLOYER 401K CONTRIBUTION - DISCRETIONARY CONTRIBUTIONS TO DEFINED CONTRIBUTION PLAN - DEFERRED COMPENSATION ALLOCATION (NOT SUBSTANTIALLY VESTED) - EMPLOYER CONTRIBUTIONS TO 457(B) PLAN - EMPLOYER DISCRETIONARY ALLOCATIONS TO 457(F) PLAN SCHEDULE J, PART II, COLUMN D NONTAXABLE BENEFITS - INSURANCE PREMIUMS PAID BY THE EMPLOYER THAT ARE NONTAXABLE - HEALTH, VISION, DENTAL, LIFE, LONG-TERM DISABILITY AND LONG-TERM CARE - CAFETERIA PLANS (NON-TAXABLE) - ALL EMPLOYEE PAID PRETAX INSURANCE PREMIUMS (HEALTH, DENTAL, VISION) FORM 990, PART VI, SECTION A, LINE 4 ON APRIL 15, 2021, THE COOPERATIVE UPDATED ITS BYLAWS TO INCLUDE THE FOLLOWING. NO MEMBER SHALL BE ENTITLED TO VOTE BY PROXY, EXCEPT FOR THE SPOUSE OF A MEMBER MAY VOTE UNLESS THE MEMBER HAS INDICATED OTHERWISE TO THE COOPERATIVE. THE MEMBERS WILL BE ABLE TO VOTE UPON ANY MOTION, RESOLUTION OR AMENDMENT USING A "MEETING BALLOT" WHILE FOR ANY DIRECTOR ELECTIONS, A SEPARATE BALLOT WILL BE INDICATED AS "BALLOT FOR DIRECTORS" WITH SPECIFIC LANGUAGE ABOUT THOSE UP FOR ELECTION. THE "BALLOT FOR DIRECTORS" IS LIMITED TO THE DIRECTORS IN ONE OF THE NINE DISTRICTS THE MEMBER RESIDES IN, DESIGNATED BY THE COOPERATIVE. THE DIRECTOR DISTRICTS WILL BE RECONSIDERED AS MEMBER POPULATIONS CHANGE BY A MINIMUM OF 15%. THE BYLAWS ADDED DETAILED LANGUAGE TO THE EXPECTATIONS OF CONDUCT AS A DIRECTOR AND THE PROCEDURE FOR THE RESPONSE BY THE OTHER DIRECTORS IN THE EVENT ONE'S CONDUCT DOESN'T FOLLOW THE EXPECTATIONS (I.E., REMOVAL FROM OFFICE). REGARDING THE DISTRIBUTION OF EARNINGS, SPECIFICALLY PATRONAGE CAPITAL, THE BYLAWS WERE UPDATED TO REPLACE THE FOLLOWING PHRASE "IN EXCESS OF OPERATING COSTS AND EXPENSES" WITH "IN EXCESS OF OPERATING COSTS, EXPENSES, CAPITAL RESERVES, AND/OR ADDITIONAL RESERVES." THE BYLAWS ALSO ADDED LANGUAGE TO DESCRIBE HOW FUNDS AND AMOUNTS RECEIVED OUTSIDE OF THE FURNISHING OF ELECTRIC SERVICE COULD BE ALLOCATED AS CAPITAL CREDITS OR RETAINED OR USED BY THE COOPERATIVE AS THE BOARD OF DIRECTORS DETERMINES ADVISABLE. THE PATRONAGE CAPITAL ALLOCATED TO A PATRON MAY BE USED TO FULFILL AN INDEBTEDNESS OWED TO THE COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE WAS FORMED BY, AND IS MADE UP OF MEMBERS TO PROVIDE ELECTRIC SERVICE AT COST. FORM 990, PART VI, SECTION A, LINE 7A WRIGHT-HENNEPIN'S ELECTRIC SERVICE TERRITORY IS DIVIDED INTO NINE DISTRICTS, EACH OF WHICH IS REPRESENTED BY A BOARD MEMBER. THE MEMBERS FROM EACH DISTRICT ELECT THEIR OWN DIRECTOR TO SERVE ON WRIGHT-HENNEPIN'S BOARD FOR A THREE-YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS VOTE ON RESTATED BYLAWS, RESTATED ARTICLES OF INCORPORATION AND DISTRICT DIRECTOR ELECTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS BOARD MEMBERS AND STAFF. BOARD MEMBERS WHO ARE DEEMED TO HAVE A POTENTIAL CONFLICT OF INTEREST ARE REQUIRED TO ABSTAIN FROM VOTING ON THE TOPIC. A CONFLICT MAY RESULT IN REMOVAL FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 WH ENGAGES AN INDEPENDENT OUTSIDE VENDOR FOR A COMPENSATION MARKET STUDY WHICH CREATES A BENCHMARK FOR ALL NON-UNION POSITIONS IN THE ORGANIZATION. ANNUAL PERFORMANCE REVIEWS ARE CONDUCTED ALONG WITH WAGE AND SALARY ADJUSTMENTS. ADJUSTMENTS ARE TIED TO PERFORMANCE MEASURED BY A STRATEGY MAP AND WORKPLAN MADE ACCESSIBLE TO ALL EMPLOYEES. PAY SCALES MAY BE ADJUSTED BASED ON MARKET CONDITIONS. ALL UNION EMPLOYEES FOLLOW INCREASES AS DETERMINED BY THEIR UNION CONTRACT. CEO COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. CFO AND KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL INFORMATION IS AVAILABLE ON THE WEBSITE. FORM 990, PART VII, SECTION A THE COOPERATIVE PROVIDES EACH DIRECTOR A QUESTIONNAIRE TO FILL OUT REGARDING THE AVERAGE NUMBER OF HOURS SPENT PER WEEK ON DUTIES RELATED TO THE COOPERATIVE. COMPLETED QUESTIONNAIRES ARE USED TO ANSWER QUESTIONS ON THE 990. DIRECTOR COMPENSATION FOLLOWS WH POLICY CORP-120. FORM 990, PART IX, LINE 4 AS REQUIRED BY FORM 990 INSTRUCTIONS, FORM 990, PART IX, LINE 4 (BENEFITS PAID TO OR FOR MEMBERS) INCLUDES PATRONAGE DIVIDENDS PAID. THIS AMOUNT IS AN EXPENSE FOR PURPOSES OF FORM 990, BUT IS NOT RECOGNIZED AS AN EXPENSE UNDER GAAP REPORTING REQUIREMENTS, WHICH ARE USED FOR BOOK INCOME. THE RESULT IS A BOOK TO TAX DIFFERENCE WHICH IS DISCLOSED ON PART XI. IN REFERENCE TO PART IX, LINE 4, THE COOPERATIVE HAS INTERPRETED "PATRONAGE DIVIDENDS PAID" AS CAPITAL CREDITS ALLOCATED TO MEMBERS UNDER THE PREEXISTING OBLIGATIONS PURSUANT TO THE BYLAWS OF THE COOPERATIVE. FORM 990, PART IX, LINE 24A THE COOPERATIVE PURCHASES POWER FOR RESALE FROM MULTIPLE SUPPLIERS. THIS PRACTICE HELPS WH KEEP COSTS COMPETITVE FOR THE MEMBERS. FORM 990, PART XI, LINE 9: PATRONAGE CAPITAL RETIRED -6,312,817. ALLOCATION OF 2021 MARGINS TO MEMBERS IN 2022 2,326,528. FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES TO THE COOPERATIVE'S OVERSIGHT RESPONSIBILITIES THIS YEAR. WH GENERATION LLC 6800 ELECTRIC DRIVE ROCKFORD MN 55373 200233791 BACK UP POWER SOLUTIONS MN WRIGHT HENNEPIN HOLDING COMPANY WH SERVICES LLC 6800 ELECTRIC DRIVE ROCKFORD MN 55373 203548423 ELECTRICAL, PLUMBING, HEATING AND COLLING INSTALLATION AND REPAIRS MN WRIGHT HENNEPIN HOLDING COMPANY WH SECURITY LLC 6800 ELECTRIC DRIVE ROCKFORD MN 55373 202895403 INSTALLS, SERVICES AND MONITORS HOME AND COMMERCIAL SECURITY SYSTEMS MN WRIGHT HENNEPIN HOLDING COMPANY WH INTERNATIONAL RESPONSE CENTER LLC 6800 ELECTRIC DRIVE ROCKFORD MN 55373 262895161 SECURITY SYSTEM ALARM MONITORING FACILITY MN WRIGHT HENNEPIN HOLDING COMPANY WH HOLDING INVESTMENTS LLC 6800 ELECTRIC DRIVE ROCKFORD MN 55373 274414837 INVESTMENT HOLDING COMPANY MN WRIGHT HENNEPIN HOLDING COMPANY WH SOLAR LLC 6800 ELECTRIC DRIVE ROCKFORD MN 55373 611740967 PRODUCES SOLAR POWER; DESIGNS, CONSTRUCTS, AND OPERATES SOLAR ARRAYS MN WRIGHT HENNEPIN HOLDING COMPANY WRIGHT-HENNEPIN ELECTRIC TRUST 6800 ELECTRIC DRIVE ROCKFORD MN 55373 411801974 PROVIDES A FUNDING SOURCE FOR OTHER NON-PROFIT ORGANIZATIONS MN 501(C)(3) LINE 7 WRIGHT-HENNEPIN COOPERATIVE ELECTRIC ASSOCIATION 1 HEARTLAND SERVICES LLC 6800 ELECTRIC DRIVE ROCKFORD MN 553730330 411913777 ENGINEERING MN WRIGHT-HENNEPIN HOLDING COMPANY UNRELATED 0 1 0.50000 WRIGHT-HENNEPIN HOLDING COMPANY 6800 ELECTRIC DRIVE ROCKFORD MN 55373 203548124 SEE SCHEDULE R, PART VII FOR DESCRIPTION OF PRIMARY ACTIVITY. MN WRIGHT-HENNEPIN COOPERATIVE ELECTRIC ASSOCIATION C 1221220 18923095 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 WRIGHT-HENNEPIN HOLDING COMPANY N 584716 CASH WRIGHT-HENNEPIN HOLDING COMPANY O 921135 CASH WRIGHT-HENNEPIN ELECTRIC TRUST R 243117 CASH SCHEDULE R, PART IV WH HOLDING EXISTS AS AN INDEPENDENT BUSINESS STRUCTURE THAT OFFERS INNOVATIVE AND COMPETITIVE PRODUCTS AND SERVICES; IT WAS CREATED TO MANAGE RISK, OPTIMIZE RESOURCES, INCREASE STRATEGIC ENERGY SALES, DELIVER COMPLEMENTARY BENEFITS AND GENERATE PROFITS TO OFFSET THE RETAIL PRICE OF ELECTRICITY FOR WH MEMBERS. SCHEDULE R, PART I, COLUMNS D & E THE DISREGARDED ENTITIES LISTED IN PART I ARE WHOLLY OWNED SUBSIDIARIES OF WRIGHT-HENNEPIN HOLDING COMPANY (WH HOLDING), WHICH IS A WHOLLY OWNED SUBSIDIARY OF WRIGHT-HENNEPIN COOPERATIVE ASSOCIATION. COLUMNS D AND E WERE LEFT BLANK TO AVOID DUPLICATIVE REPORTING AS THE REVENUE AND ASSETS ARE PART OF WH HOLDING'S NUMBERS IN PART IV.