2025-06-25T15:00:58-04:00 2024-12-31 411562398 CARLSONSV LLP 5801 DULUTH STREET SUITE 360 GOLDEN VALLEY MN 55422 990 2024-01-01 390548758 PRICE ELECTRIC COOPERATIVE PRIC 7153392155 PO BOX 110 PHILLIPS WI 54555 JEFFERY OLSON PRESIDENT/CEO 7153392155 2025-06-24 true true MATT GUYER CPA P00386499 7635429633 2025-06-24 X 2024 2025-03-06 01:10:19Z JEFFERY OLSON 15364856 false X WWW.PRICEELECTRIC.COOP X 1940 WI DISTRIBUTE ELECTRIC SERVICE TO RURAL MEMBERS/CONSUMERS 9 9 27 438860 3333 0 14730728 14889338 52561 35762 359891 438860 15143180 15363960 0 1000476 458196 317775 326338 0 0 13824929 14579426 15143180 15363960 0 54502512 55456886 32458047 33507613 22044465 21949273 TO PROVIDE ACCESS TO SAFE, RELIABLE, AND AFFORDABLE ELECTRIC SERVICE. false false PRIMARY EXEMPT PURPOSE IS THE DISTRIBUTION OF ELECTRIC SERVICE TO 9,674 RURAL MEMBERS/CONSUMERS. 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 false false true 89 0 27 true true true false false false false false false false false false false 16575203 325404 false false false X 9 9 false false false false true true true true true false false false true true true true true true true false X JENNIFER JANAK 7153392155 PO BOX 110 PHILLIPS WI 54555 RANDY KUNSCH DIRECTOR 4.89 X 6350 0 0 EDWARD HAINY VICE CHAIRMA 2.92 X X 3486 0 0 KAREN NEWBURY DIRECTOR 7.29 X 5203 0 0 JOAN POINTS TREASURER 4.32 X X 8576 0 0 MARK NYBERG DIRECTOR 2.77 X 5545 0 0 ROBERT HENNES DIRECTOR 3.67 X 4791 0 0 MATT CHRISTIANSON DIRECTOR 4.10 X 5017 0 0 MITCHELL MEIVES DIRECTOR 3.06 X 7908 0 0 WILLIAM S HAGGARD CHAIRMAN 5.73 X X 7614 0 0 JEFFERY OLSON PRESIDENT/CE 50.00 X 191191 0 69882 JENNIFER JANAK MGR OF FIN A 50.00 X 80657 0 44871 JESSE HEINZ LINEMAN 54.96 X 148613 0 42292 JACOB KRAETKE LINEMAN 56.96 X 161276 0 42409 ISAAC D WEIK LINEMAN 52.55 X 136816 0 42171 DAVID PISCA LINE FOREMAN 49.33 X 137024 0 42513 CASEY WILLIAMS LINEMAN 48.80 X 126164 0 42033 1036231 326171 10 false true false HIGHER POWER LLC 8048 68TH STREET NW STANLEY ND 58784 LINE WORK 1090083 MAKOVSKY BRUSH SERVICE N3852 PRENTICE ROAD PRENTICE WI 54556 RIGHT OF WAY CL 1001173 TJADER & HIGHSTROM UTILITY SERIVCES PO BOX 856489 MINNEAPOLIS MN 55485 CONSTRUCTION 721345 JOLMA UTILITIES LLC 63946 HANGARD RD ASHLAND WI 54806 LINE WORK 117358 4 ELECTRIC REVENUE 221000 14159826 14159826 G&T CAPITAL CREDITS 221000 290126 290126 OTHER REVENUE 221000 233759 233759 OTHER CAPITAL CREDITS 221000 197764 197764 POLE RENTAL 221000 7863 7863 14889338 15644 15644 21014 896 20118 20118 20118 438860 438860 438860 15363960 14901593 438860 23507 458196 326338 1225802 1910210 COST OF POWER 5516484 DISTRIBUTION - MAINTENANC 2197932 ADMINISTRATIVE AND GENERA 1630627 DISTRIBUTION - OPERATIONS 1051811 1046560 15363960 0 0 0 243891 215506 1517990 1680779 2139300 1899594 171489 109177 67811057 22937328 43976592 44873729 6288039 6522898 151035 151035 14176 4168 54502512 55456886 1981460 1643522 30023405 31013556 453182 850535 32458047 33507613 X 22044465 21949273 22044465 21949273 54502512 55456886 X 0 -95192 X false true X true false 408440 408440 67402617 22937328 44465289 44873729 INVESTMENTS IN ASSOC ORGS 6522898 C 6522898 DEFERRED CREDITS 787299 CONSUMER DEPOSITS 62930 UNAMORTIZED GAIN/REACQUIRED DEBT 306 850535 X 15367640 3680 3680 15363960 15363960 14909444 14909444 454516 454516 15363960 SCHEDULE D, PAGE 3, PART X PRICE ELECTRIC COOPERATIVE HAS BEEN GRANTED TAX EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND THE STATE OF WISCONSIN, HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE COOPERATIVE'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE COOPERATIVE ACCOUNTS FOR INCOME TAX PROVISION FOLLOWING ASC TOPIC 740, INCOME TAXES, WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING, AND AND DISCLOSING IN THE CONSILIDATED FINANCIAL STATEMENTS ANY UNCERTAIN TAX POSITIONS THE COOPERATIVE HAS OR EXPECTS TO TAK IN ITS INCOME TAX RETURNS. THE COOPERATIVE'S POLICY IS TO INCLUDE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS/LIABILITIES IN INCOME TAX EXPENSE. THE COOPERATIVE HAD NO UNRECOGNIZED TAX BENEFITS/LIABILITIES. SCHEDULE D, PAGE 4, PART XI, LINE 2D PRIOR EQUITY ALLOCATION 3,680 SCHEDULE D, PAGE 4, PART XII, LINE 4B ALLOCATION OF MARGINS 454,516 X X false false false JEFFERY OLSON PRESIDENT/CEO 191191 43549 26333 261073 JESSE HEINZ LINEMAN 148613 18306 23986 190905 JACOB KRAETKE LINEMAN 161276 18423 23986 203685 ISAAC D WEIK LINEMAN 136816 18185 23986 178987 DAVID PISCA LINE FOREMAN 137024 18508 24005 179537 CASEY WILLIAMS LINEMAN 126164 18047 23986 168197 FORM 990, PAGE 6, PART VI, LINE 6 EACH MEMBER IS ENTITLED TO ONE VOTE PER MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A ON A ROTATING BASIS, MEMBERS FROM THREE OF THE NINE DISTRICTS MEET ANNUALLY TO SELECT TWO MEMBERS TO NOMINATE AS CANDIDATES FOR THE OFFICE OF THE BOARD OF DIRECTORS. MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 7B EACH MEMBER IS ENTITLED TO ONE VOTE PER MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD MEMBERS REVIEW FORM 990 AT THE BOARD MEETING BEFORE IT IS SIGNED AND FILED. THE PRESIDENT/CEO AND MANAGER OF FINANCE AND ADMINISTRATION REVIEW FORM 990 BEFORE IT IS SIGNED. FORM 990, PAGE 6, PART VI, LINE 12C FORM/QUESTIONNAIRE IS PROVIDED AT BOARD MEETING FOLLOWING THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 15A DIRECTORS OF PRICE ELECTRIC COOPERATIVE REVIEW THE PRESIDENT/CEO'S COMPENSATION ON AN ANNUAL BASIS. THE BOARD IS PROVIDED WITH STATE AND REGIONAL COOPERATIVE COMPARABILITY DATA FROM THE NRECA NATIONAL COMPENSATION SURVEY TO DETERMINE THE PRESIDENT/CEO COMPENSATION. AS PER WAGE AND SALARY ADMINISTRATION BOARD POLICY, THE DIRECTORS ALSO APPROVE A COMPENSATION PLAN FOR ALL OTHER COOPERATIVE EMPLOYEES AND IT IS THE CEO'S RESPONSIBILITY TO ADMINISTER THAT PLAN. THE CEO ESTABLISHES PERFORMANCE RANGES BY POSITION THAT ARE BASED ON THE SAME NRECA SURVEY. DIRECOTRS OF PRICE ELECTRIC AUTHORIZE THE CEO TO DETERMINE OTHER OFFICER AND EMPLOYEE COMPENSATION BASED ON THE RANGES AND PERFORMANCE. FORM 990, PAGE 6, PART VI, LINE 15B DIRECTORS OF PRICE ELECTRIC COOPERATIVE REVIEW THE PRESIDENT/CEO'S COMPENSATION ON AN ANNUAL BASIS. THE BOARD IS PROVIDED WITH STATE AND REGIONAL COOPERATIVE COMPARABILITY DATA FROM THE NRECA NATIONAL COMPENSATION SURVEY TO DETERMINE THE PRESIDENT/CEO COMPENSATION. AS PER WAGE AND SALARY ADMINISTRATION BOARD POLICY, THE DIRECTORS ALSO APPROVE A COMPENSATION PLAN FOR ALL OTHER COOPERATIVE EMPLOYEES AND IT IS THE CEO'S RESPONSIBILITY TO ADMINISTER THAT PLAN. THE CEO ESTABLISHES PERFORMANCE RANGES BY POSITION THAT ARE BASED ON THE SAME NRECA SURVEY. DIRECOTRS OF PRICE ELECTRIC AUTHORIZE THE CEO TO DETERMINE OTHER OFFICER AND EMPLOYEE COMPENSATION BASED ON THE RANGES AND PERFORMANCE. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTATION IS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 ALLOCATION OF MARGINS 458,196 GAIN ON ESTATE RETIREMENTS 83,517 TOTAL CAPITAL CREDIT RETIREMENTS -633,225 PRIOR EQUITY ALLOCATION -3,680 TOTAL -95,192 PEC ENERGY SOLUTIONS LLC PO BOX 110 PHILLIPS WI 54555 352694476 PART VII WI PRICE ELEC C CORP -24487 50907 1.00000 true false true false false false false false false false false false false false false false false false false false SCHEDULE R PART IV LINE 1B: SOLAR INVESTMENT