2022-10-28T12:31:06-07:00 2021-12-31 260152208 DECORIA BLAIR & TEAGUE PS 7307 N DIVISION ST STE 222 SPOKANE WA 99208 990 2021-01-01 810111221 Big Horn County Electric Cooperative In BIGH 4066652830 PO Box 410 Hardin MT 59034 Brett Nedens President 2022-10-28 true Brett Nedens 999009999 Brandon J Blair P01966667 5093282229 3 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z Derek Sorley PO Box 410 Hardin MT 590340410 8393907 false X www.bhcec.com X 1939 MT Rural electric cooperative supplying electricity and services to its members located primarily in rural south eastern Montana. 9 9 18 0 0 7407981 8324232 51235 55509 14166 14166 7473382 8393907 0 408313 429581 2140746 2284760 0 0 4986637 5198027 7535696 7912368 -62314 481539 18493308 18794081 10706402 10525759 7786906 8268322 Rural electric cooperative established to provide electrical power and services to its members located in Portions of Big Horn County,Montana and Sheridan County, Wyoming. false false Cooperative resources and activities are related to providing distribution of electrical power and services to over 2,300 members located in portions of Big Horn County, Montana and Sheridan County, Wyoming. false false false false false false false false false true false false 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 false false false true 18 0 true 18 true false false false false false 8324232 39265 false false false X 9 9 false false false false true true true true true false false true true true true false true true true false X Derek Sorley 4066652830 303 S Mitchell Hardin MT 59034 Derek Sorley General Manager 40.00 0.00 X 148284 0 63311 Monte Russel Operations Manager 41.00 0.00 112786 0 54134 Ashley Gietzen Finance Mgr 40.00 0.00 X 76568 0 44504 Brett Nedens President 1.00 0.00 X X 12519 0 0 Lila Taylor Vice President 1.00 0.00 X X 12389 0 0 John Mehling Director 1.00 0.00 X 12189 0 0 Lamont Herman Director 1.00 0.00 X 12189 0 0 Hale C Jeffers Jr Director 1.00 0.00 X 11689 0 0 Todd Graham Director 1.00 0.00 X 8338 0 0 Spencer Kehler Director 1.00 0.00 X 8338 0 0 Nengfeng Irene Stevens Director 1.00 0.00 X 8168 0 0 Edward Watt Secretary-Treas 1.00 0.00 X X 1530 0 0 424987 161949 2 false true false Outback Power Company PO Box 275 Havre MT 59501 Contract Labor 1067931 1 0 Other operating revenue 221000 79443 79443 Sales of electricity 221000 8244789 8244789 8324232 55509 41868 13641 0 0 14166 14166 14166 14166 0 0 0 0 0 8393907 8366100 27807 0 0 0 429581 420016 0 1189284 273190 297887 104383 0 10900 11250 0 0 0 0 3563 153705 26920 0 0 0 0 18779 335656 0 988124 74232 Cost of power 2947883 Distribution - maintenance 915305 Distribution - operations 886630 Other admin and general 620160 -1795080 7912368 0 0 0 956374 1667804 457939 458285 0 942798 787988 0 0 0 308922 348375 307545 272375 33312018 18504511 15084228 14807507 0 0 435502 451747 0 0 18493308 18794081 836398 939350 293608 298411 9314696 9015646 261700 272352 10706402 10525759 X 259704 508717 7527202 7759605 7786906 8268322 18493308 18794081 X 481539 -123 X false true X true false 71972 71972 931550 622975 308575 5705538 2189153 3516385 26602958 15692383 10910575 14807507 Patronage capital credits 286215 C Memberships 1000 C Term certificates (CFC) 164532 C Consumer deposits 272352 272352 X 8393907 8393907 8393907 7482787 7482787 429581 429581 7912368 Part X : FIN48 Footnote 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 possible examination by taxing authorities. With few 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 credit retirements $429581 true X X false false false Derek Sorley General Manager 147660 624 39370 23941 211595 Monte Russel Operations Manager 107860 4926 30578 23556 166920 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Members are businesses and individuals which receive electric service from the Cooperative. There are approximately 2,350 members. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Each member of the Cooperative is entitled to vote in the election of the Board of Directors, which serve three year terms. Elections are held every year at the annual meeting held in March. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders All bylaw changes recommended by the Board of Directors are approved and ratified by the majority of quorum membership at the Cooperative's annual meeting. Form 990, Part VI, Line 11b: Form 990 Review Process After the Form 990 has been prepared by the independent accountants, the General Manager and staff review the form for accuracy and completeness. After the General Manager has approved the Form 990, it is submitted to the Board for their review and approval prior to its filing. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts All trustees must disclose to the Board of Directors any situation or transaction in 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 to 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, Line 15a: Compensation Review & Approval Process - CEO, Top Management Montana Electric Cooperative Association (MECA) and the National Rural Electric Cooperative Association (NRECA) performs an annual salary survey by job classification. The Board of Directors use these surveys to determine the salary guidelines for the General Manager. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Montana Electric Cooperative Association (MECA) and the National Rural Electric Cooperative Association (NRECA) performs an annual salary survey by job classification. The General Manager uses these surveys and the employment cost index to determine the range of salaries for exempt, non-union positions. The Cooperative's other employee salaries are established by a signed collectively bargained union contract. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available All governing documents, policies and financial reports (including the Form 7 and Form 990) are available upon request at the Cooperative's headquarters office. In addition, each new member is provided with a copy of the Cooperative's bylaws. Also, the Statement of Financial Condition is sent out yearly to all members prior to the annual meeting held in March of each year. Other Changes In Net Assets Or Fund Balances - Other Decreases Donations = -$123 Form 990, Part IX, Line 4 - Explanation of Benefits Paid to Members The Cooperative has interpreted the instructions for Part IX, Line 4 of the Form 990, regarding patronage dividends paid, to include the total amount of capital credits paid to members during the tax year.