2022-04-27T10:04:44-07:00 2021-12-31 990 2021-01-01 840215835 Grand Valley Rural Power Lines Inc GRAN 9702420040 PO Box 190 Grand Junction CO 81502 Thomas M Walch CEO 2022-04-27 Thomas M Walch 999009999 2 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z PO Box 190 Grand Junction CO 815020190 34734443 false X www.gvp.org X 1936 CO Distribution of electricity to retail customers on a cooperative basis. 9 9 46 0 1063041 33042697 33671402 0 0 33042697 34734443 0 2611228 2559516 1246255 1262487 0 0 29185214 30912440 33042697 34734443 0 86315396 88238396 54321687 55527884 31993709 32710512 Distribution of electricity to retail customers on a cooperative basis. false false Distribution of electricity to retail customers on a cooperative basis. false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 46 0 true 46 true false false false false false 33671284 1063160 false false false X 9 9 false false false false true true false true false false false true true true true true true true true false X Grand Valley Power 9702420040 845 22 Road Grand Junction CO 81505 Thomas M Walch CEO 50.00 0.00 253530 0 157503 William Barlow Manager of Operati 45.00 0.00 127681 0 83274 Matthew D Williams Manager of Eng 45.00 0.00 149129 0 56300 Karen Allen Manager of IT 45.00 0.00 124993 0 63827 Matthew Mason Foreman 50.00 0.00 125265 0 41808 Patrick L Kanda Finance Manager 45.00 0.00 118165 0 44039 Rod Martinez Director 11.00 0.00 X 22207 0 0 Don McClaskey Director 4.00 0.00 X 13166 0 0 Jesse Mease Secretary 5.00 0.00 X 13091 0 0 Carolyn Sandeen-Hall President 6.00 0.00 X 12400 0 0 Janie Van Winkle Vice President 2.00 0.00 X 12167 0 0 Sylvia A Spangler Director 2.00 0.00 X 10950 0 0 William F Rooks Director 4.00 0.00 X 10950 0 0 Joseph Burtard Director 4.00 0.00 X 10351 0 0 Dennis J Haberkorn Director 9.00 0.00 X 9250 0 0 Brian W Woods Director 4.00 0.00 X 3750 0 0 1017045 446751 6 false true false Asplundh Tree Expert Co 1700 Solutions Center Chicago IL 60677 Tree Trimming 582361 Ward Electric Co Inc 9586 E I-25 Frontage Road Suite B Longmont CO 80504 Line Construction 652800 2 1063041 1063041 Cooperative Capital Credi 308008 308008 Interest on savings 20748 20748 Joint Pole Use 43200 43200 Miscellaneous Service Rev 58375 58375 Sales of Electric Energy 221000 33226806 33226806 14265 14265 33671402 0 0 0 0 0 0 0 0 0 34734443 33593189 78213 0 0 0 2559516 2559516 118283 118283 0 0 419174 419174 495187 495187 229843 229843 0 66425 66425 19158 19158 0 0 0 6000 6000 0 0 0 0 0 0 0 0 1809943 1809943 0 2946794 2946794 0 Purchased Power 18177644 18177644 Distributions Exp - Operations 2264662 2264662 Administrative & General 2207468 2207468 Distributions Exp - Maintenanc 1177329 1177329 2237017 2237017 34734443 34734443 0 0 837682 -310059 888260 2652756 0 4300847 4597938 0 0 0 1407846 1556539 1620436 1713773 108398457 32547624 75252090 75850833 0 1914174 2081977 0 0 94061 94639 86315396 88238396 1800070 1923835 696440 662052 45233418 47746928 6591759 5195069 54321687 55527884 X 166305 146749 31827404 32563763 31993709 32710512 86315396 88238396 X 0 716803 X false true X true false 108398457 32547624 75850833 75850833 Accrued Paid Time Off 632023 Accrued Property Taxes 842624 Customer Deposits 132328 Other Current Liabilities 170559 Patronage Capital Payable 316112 Postretirement Benefits Other Than Pensi 473205 Unclaimed Patronage Capital Refunds 938131 Underground Construction Deposits 1690087 5195069 34734443 34734443 34734443 34734443 34734443 34734443 X X X false false false Karen Allen Manager of IT 124993 43706 20121 188820 Matthew D Williams Manager of Eng 149129 30179 26121 205429 Matthew Mason Foreman 125265 18154 23654 167073 Patrick L Kanda Finance Manager 118165 24413 19626 162204 Thomas M Walch CEO 253530 120750 36753 411033 William Barlow Manager of Operati 127681 62748 20526 210955 Western United Electric Common Director Purchase of material false Colorado Rural Electric Common Director Trade Organization false Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder New customers become members by opting in. Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is provided to the Board of Directors for any discussion or comment. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts A director or officer must immediately disclose to the Board of Directors his/her relationship or interest as to a conflicting interest transaction. After a director or officer has disclosed his/her relationship or interest as to a conflicting interest transaction, the disinterested directors will then vote on whether or not to approve the conflicting interest transaction. The conflicting interest transaction may be approved by a vote of the majority of the disinterested directors. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Compensation of the organization's top management official was determined by the board of directors. The board established a salary range for the official using comparability data, and administers salary adjustments within the range based upon performance in achieving established goals and objectives. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Clerical, Engineering, Warehouse, and Production workers compensation is determined based on the Union contract with IBEW. All management with the exception of the Chief Executive Officer are classified into grades. The grades are arranged in ascending order according to the relative degree of responsibility, thought, skill, and effort required for each position. Annual performance evaluations are performed with the employees in order to strengthen the skills of the employees and to make them more efficient and effective in their respective job duties. Annually the Board of Directors, as a whole, evaluates the performance of the Chief Executive Officer. The Colorado Rural Electric Association, a statewide cooperative, provides comparative salary data of the Chief Executive Officer's annual salary in the other cooperatives. The Board of Directors uses this information during the evaluation process. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Governing document, policies, Audited Financial Statements, and the Form 990 are available to the general public upon request at the cooperative's headquarters. Other Changes In Net Assets Or Fund Balances - Other Increases 2021 Patronage Capital to be Allocated = $2559516 Other Changes In Net Assets Or Fund Balances - Other Decreases Capital Credit Retirement in 2021 = -$1491474 Other Changes In Net Assets Or Fund Balances - Other Decreases Estate Retirements in 2021 = -$38502 Other Changes In Net Assets Or Fund Balances - Other Increases Gain on Unclaimed Capital Credits = $10123 Other Changes In Net Assets Or Fund Balances - Other Decreases Other Comprehensive Income = -$322860