2025-06-10T14:56:52-04:00 2024-12-31 411562398 CARLSONSV LLP 5801 DULUTH STREET SUITE 360 GOLDEN VALLEY MN 55422 990 2024-01-01 390539446 PIERCE-PEPIN COOPERATIVE SERVICES PIER 7152734355 PO BOX 420 ELLSWORTH WI 540110420 NATHAN BOETTCHER PRESIDENT/CEO 7152732429 2025-06-06 true false MATT GUYER CPA P00386499 7635429633 2025-06-06 X 2024 2025-03-06 01:10:19Z NATHAN BOETTCHER W7725 HWY 10 ELLSWORTH WI 540110420 22633005 false X WWW.PIERCEPEPIN.COOP X 1937 WI COOPERATIVE ELECTRIC ULILITY SALES TO ITS MEMBERS. 9 9 53 2255110 0 19338324 19975937 29697 20412 813681 2636656 20181702 22633005 0 499368 281822 643009 771704 0 0 19039325 21579479 20181702 22633005 0 86756684 95967694 62410552 72088546 24346132 23879148 TO PROVIDE ELECTRICITY TO MEMBERS AND TO CONSTRUCT AND MAINTAIN ELECTRIC DISTRIBUTIION LINES TO DELIVER ELECTRICITY TO MEMBERS. false false PROVIDED ELECTRICAL DISTRIBUTION TO OUR 7,989 MEMBER OWNERS USING OUR 1,376 MILES OF LINE WE MAINTAIN IN RURAL WISCONSIN. false false false false false false false false false true false true false true true false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 41 0 53 true true true false false false false 21133975 2973010 false false false X 9 9 false false true false true true true true true false false true true true true true true true true false WI X X BECKY BRADBURN 7152732429 W7725 HWY 10 ELLSWORTH WI 54011 NATHAN BOETTCHER PRESIDENT/CE 45.59 X 267639 0 85365 BRADLEY RISTOW VP OPERATION 46.30 X 142517 0 56682 DANIEL JENSEN LINEMAN 45.57 X 116428 0 70585 BECKY BRADBURN VP/CFO, FINA 49.61 X 124818 0 62081 SCOTT FREIER COO 54.73 X 149303 0 33516 BYRON GILLES LINEMAN 44.96 X 107338 0 57361 AUSTIN MANORE LINEMAN 43.42 X 116227 0 27659 AARON LANGER LINEMAN 44.92 X 128819 0 10956 JOHN PARKES VICE CHAIR 4.26 X X 12400 0 0 GERALD DRIER DIRECTOR 10.44 X 12080 0 0 GINNY HUBER SECRETARY/TR 6.54 X X 10462 0 0 EDWARD HASS DIRECTOR 3.81 X 10400 0 0 DANIEL J REIS DIRECTOR 7.29 X 9000 0 0 ANN YOUNG DIRECTOR 6.37 X 8800 0 0 BRIAN S BERGSENG VICE CHAIRMA 5.40 X X 8400 0 0 ROGER WIFF CHAIRMAN 10.75 X X 5485 0 0 BRIAN BERG DIRECTOR 3.02 X 5400 0 0 LEROY CLARK DIRECTOR 2.07 X 5000 0 0 1240516 404205 8 false true false TD&I CABLE MAINTENANCE INC PO BOX 266 LAKELAND MN 55043 BROADBAND INSTA 10198199 ITG COMMUNICATIONS LLC 152 MOLLY WALTON DR HENDERSONVILLE TN 37075 BROADBAND CONST 1500000 LEGACY POWER LINE INC PO BOX 469 WADENA MN 56482 POWER LINE CONS 1497246 CONEXON LLC 2001 GRAND BLVD 700 KANSAS CITY MO 64108 BROADBAND INSTA 906118 TJADER & HIGHSTROM UTILITY SERVICES PO BOX 856489 MINNEAPOLIS MN 55485 POWER LINE CONS 407026 11 ELECTRICAL REVENUE 221000 19085832 19085832 CAPITAL CREDITS 221000 815447 815447 GRANT REVENUE 221000 45899 45899 ELECTRIC PROPERTY RENTAL 20000 20000 POLE RENTAL 8759 8759 19975937 19568 19568 844 844 844 844 ACCESS FEE 532000 2255110 2255110 MISC REVENUE/ASSET SALES 381546 381546 2636656 22633005 20329568 2255110 48327 281822 629187 142517 2761455 2933451 PURCHASED POWER 10410959 ADMIN AND GENERAL 1838312 OPERATIONS 1608581 MAINTENANCE 1406851 619870 22633005 0 0 0 276372 702082 5926 11100000 4938083 2255817 2302753 896383 1181396 106513714 30848407 62009184 75665307 9417763 9895432 795239 1282641 86756684 95967694 1906781 2909015 58513519 67149538 1990252 2029993 62410552 72088546 X 24251872 23769867 94260 109281 24346132 23879148 86756684 95967694 X 0 -466984 X false true X true true true 260016 260016 106253698 30848407 75405291 75665307 DAIRYLAND POWER COOPERATIVE 7740232 C NRU CFC 909294 C OTHER INVESTMENTS 420507 C NATIONAL RURAL UTILITIES COOPERATIVE 405848 C SWIFTCURRENT CONNECT, INC. 268669 C FEDERATED RURAL ELECTRIC INSURANCE 150882 C 9895432 DEFERRED CREDITS 450261 ACCRUED INTEREST 443130 ACCRUED PTO 413693 OTHER LIABILITIES 328983 CUSTOMER DEPOSITS 206037 INVESTMENT IN ELECTRONIC DEV. CORP 159388 ACCRUED WAGES 28501 2029993 X 26868002 4234997 4234997 22633005 22633005 26570466 4219283 4219283 22351183 281822 281822 22633005 SCHEDULE D, PAGE 3, PART X THE COMPANY ACCOUNTS FOR INCOME TAX PROVISIONS FOLLOWING ASC TOPIC 740, INCOME TAXES, WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING AND DISCLOSING IN THE CONSOLIDATED FINANCIAL STATEMENTS ANY UNCERTAIN TAX POSITIONS THE COMPANY HAS OR EXPECTS TO TAKE IN ITS INCOME TAX RETURNS. THE COMPANY'S POLICY IS TO INCLUDE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS/LIABILITIES IN INCOME TAX EXPENSE. THE COMPANY HAD NO UNRECOGNIZED TAX BENEFITS/LIABILITIES. SCHEDULE D, PAGE 4, PART XI, LINE 2D SUBSIDIARIES REVENUES INCLUDED IN CONSOLIDATED FINANCIALS 4,234,997 SCHEDULE D, PAGE 4, PART XII, LINE 2D SUBSIDIARIES EXPENSES INCLUDED IN CONSOLIDATED FINANCIALS 4,219,283 SCHEDULE D, PAGE 4, PART XII, LINE 4B CAPITAL CREDITS ALLOCATED TO MEMBERS 281,822 X X X X X false false false NATHAN BOETTCHER PRESIDENT/CEO 229719 27520 10400 42182 43183 353004 BRADLEY RISTOW VP OPERATIONS 137282 4500 735 55703 979 199199 DANIEL JENSEN LINEMAN 116428 29302 41283 187013 BECKY BRADBURN VP/CFO, FINANCE 107118 7700 10000 34755 27326 186899 SCOTT FREIER COO 145303 4000 32478 1038 182819 BYRON GILLES LINEMAN 107338 14959 42402 164699 FORM 990, PAGE 6, PART VI, LINE 4 BYLAWS WERE AMENDED TO: DELETE REFERENCES TO SPECIFIC TYPES OF SERVICES AND INSTEAD REFER TO SERVICES THAT ARE IN THE BEST INTEREST OF THE MEMBERS AND REDUCE THE NUMBER OF DISTRICTS FROM 9 TO 3 AND ALIGN THEM GEOGRAPHICALLY. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS OF THE COOPERATIVE. FORM 990, PAGE 6, PART VI, LINE 7A THERE ARE THREE DISTRICTS. MEMBERS VOTE FOR DIRECTORS FROM EACH DISTRICT. A DIRECTOR MUST LIVE IN THE DISTRICT THAT THEY REPRESENT. THEY ARE ELECTED IN THREE YEAR, STAGGERED TERMS WITH THREE DIRECTORS UP FOR ELECTION EACH YEAR. THERE IS A 4 TERM LIMIT. FORM 990, PAGE 6, PART VI, LINE 7B THE MEMBERS HAVE TO APPROVE CHANGES TO THE BYLAWS BY A MAJORITY VOTE. FORM 990, PAGE 6, PART VI, LINE 11B COPIES OF THE FORM 990 ARE MADE AVAILABLE TO THE DIRECTORS BY A SECURED WEB SITE PRIOR TO BEING FILED. DIRECTOR INPUT IS THEN GATHERED AND CHANGES MADE BEFORE THE FINAL COPY IS ELECTRONICALLY SUBMITTED TO THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C ANNUALLY THE EMPLOYEES ARE REQUIRED TO COMPLETE A QUESTIONNAIRE THAT IS THEN REVIEWED BY THE HR DEPARTMENT. FORM 990, PAGE 6, PART VI, LINE 15A PERIODICAL SALARY REVIEW BY OUTSIDE VENDOR. USE OF 990'S FILED BY COMPARABLE COMPANIES. THE COOPERATIVE ALSO SUBSCRIBES TO A SERVICE THAT PROVIDES SALARY DATA FOR COOPERATIVES IN THE ELECTRIC DISTRIBUTION INDUSTRY. FORM 990, PAGE 6, PART VI, LINE 15B PERIODICAL SALARY REVIEW BY OUTSIDE VENDOR. USE OF 990'S FILED BY COMPARABLE COMPANIES. THE COOPERATIVE ALSO SUBSCRIBES TO A SERVICE THAT PROVIDES SALARY DATA FOR COOPERATIVES IN THE ELECTRIC DISTRIBUTION INDUSTRY. FORM 990, PAGE 6, PART VI, LINE 18 A COPY IS AVAILABLE AT THE COOPERATIVE'S OFFICE FOR REVIEW. PAPER COPIES ARE AVAILABLE FOR A NOMINAL FEE AT THE ELLSWORTH OFFICE. THE FORM IS ALSO AVAILABLE ON GUIDESTAR.ORG. FORM 990, PAGE 6, PART VI, LINE 19 A COPY OF BOARD POLICIES IS AVAILABLE AT THE COOPERATIVE'S OFFICE FOR REVIEW. PAPER COPIES ARE AVAILABLE FOR A NOMINAL FEE. FORM 990, PART XI, LINE 9 CAPITAL CREDITS ALLOCATED 281,822 SUBSIDIARIES REVENUES INCLUDED IN CONSOLIDATED FIN 4,234,997 RETIREMENT OF CAPITAL CREDITS -763,827 SUBSIDIARIES EXPENSES INCLUDED IN CONSOLIDATED FIN -4,219,283 PRIOR YEAR ALLOCATION TRUE UP -693 TOTAL -466,984 PIERCE PEPIN ELECTRIC DEV CORP PO BOX 420 ELLSWORTH WI 54011 752989679 ASSISTANCE WI 501C4 N/A false PIERCE PEPIN CARES FOUNDATION INC PO BOX 420 ELLSWORTH WI 54011 853889308 ASSISTANCE WI 501C3 N/A false SWIFTCURRENT CONNECT INC PO BOX 420 ELLSWORTH WI 54011 611981290 BROADBAND WI N/A C CORP 15714 1232705 1.00000 false true true false false false false false false false true false false false true true false false false false PIERCE PEPIN ELECTRIC DEV CORP A 9585 ACTUAL CASH PAID PIERCE PEPIN ELECTRIC DEV CORP B 9585 ACTUAL CASH PAID PIERCE PEPIN CARES FOUNDATION INC L 31625 ACTUAL CASH PAID SWIFTCURRENT CONNECT INC J 2255110 ACTUAL CASH PAID