2022-11-15T20:34:52-06:00 2021-12-31 930623286 ALDRICH CPAS AND ADVISORS LLP 680 HAWTHORNE AVE SE 140 SALEM OR 97301 990 2021-01-01 930300375 UMATILLA ELECTRIC COOPERATIVE UMAT 8004522273 750 W ELM AVE PO BOX 1148 HERMISTON OR 97838 ROBERT ECHENRODE GENERAL MANAGER & CEO 8004522273 2022-11-15 1 ROBERT ECHENRODE XXX-XX-XXXX RYAN M JOHNSON CPA P01048788 5035857774 2022-11-15 0 AAL1 IAL1 2021 2022-09-23 18:48:47Z ROBERT ECHENRODE 750 W ELM AVE PO BOX 1148 HERMISTON OR 97838 277388672 0 X WWW.UMATILLAELECTRIC.COM X 1937 OR UMATILLA ELECTRIC COOPERATIVE IS A MEMBER-OWNED ELECTRIC UTILITY THAT SELLS ENERGY AND OTHER SERVICES TO IMPROVE THE QUALITY OF LIFE IN ITS SERVICE COMMUNITIES. 7 7 122 0 11967 0 0 0 175578791 253984478 1909539 881275 1250 22478589 177489580 277344342 191423 120381 14687141 19289271 1384785 2154946 0 0 0 161226231 232308201 177489580 253872799 0 23471543 275749771 344848374 159869762 192251290 115880009 152597084 UMATILLA ELECTRIC COOPERATIVE IS A MEMBER-OWNED ELECTRIC UTILITY THAT SELLS ENERGY AND OTHER SERVICES TO IMPROVE THE QUALITY OF LIFE IN ITS SERVICE COMMUNITIES. 0 0 DISTRIBUTION OF POWER TO RURAL ELECTRIC UTILITY CUSTOMERS. 0 0 1 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 464 0 122 1 1 1 0 0 0 0 0 0 252016202 2693016 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 1 0 X ROBERT ECHENRODE 8004522273 750 W ELM AVE HERMISTON OR 97838 W BRYAN WOLFE PRESIDENT 12.00 X X 23286 0 0 STEVE PLATT SECRETARY/TREASURER 12.00 X X 24149 0 0 JEFF WENHOLZ VICE PRESIDENT 12.00 X X 10685 0 0 PHIL HAMM DIRECTOR 12.00 X 25778 0 0 LEE DOCKEN DIRECTOR 12.00 X 19223 0 0 JOHN OTIS DIRECTOR 12.00 X 20444 0 0 TOM PITZER DIRECTOR 12.00 X 21257 0 0 ROBERT ECHENRODE GM & CEO 50.00 X 746414 0 387232 JOSHUA LANKFORD VP ENGINEERING & OPS 54.00 X 313389 0 99688 LISA MCMEEN VP ADMINISTRATION 49.00 X 298269 0 90991 JOHN DONNER VP FINANCE & RATES 27.00 X 67041 0 7100 MATTHEW LYDA JOURNEYMAN LINEMAN 61.00 X 229218 0 50883 TRAVIS DEMING LINEMAN AGENT 55.00 X 202212 0 65207 MIKEL BRITT LINE FOREMAN 54.00 X 199337 0 52191 TIMOTHY MILLS LINEMAN AGENT 54.00 X 190455 0 71131 CODY RADANT JOURNEYMAN LINEMAN 55.00 X 189132 0 50311 2580289 0 874734 46 0 1 0 TICE ELECTRIC COMPANY 5405 N LAGOON AVE PORTLAND OR 97217 CONSTRUCTION 32145179 TOTH & ASSOCIATES 1550 E REPUBLIC RD SPRINGFIELD MO 65804 ENGINEERING 6549050 MICHELS POWER PO BOX 95 BROWNSVILLE WI 53006 CONSTRUCTION 3504142 MAGNUM POWER LLC PO BOX 355 CASTLE ROCK WA 98611 CONSTRUCTION 848144 WINDWAVE PO BOX 1390 BOARDMAN OR 97818 CONSTRUCTION 395792 5 SALE OF ELECTRICITY 221000 253938780 253938780 POLE RENT 531390 45698 45698 253984478 752085 752085 183493 44330 139163 139163 11967 127196 129190 0 129190 129190 129190 INCOME FROM EQUITY INVESTMENTS 221000 22339426 22339426 22339426 277344342 276278206 11967 1054169 120381 19289271 2154946 1757219 62322 2819772 6893283 COST OF POWER 201610070 DISTRIBUTION 7731416 ADMINISTRATIVE & GENERA 3687171 TAXES 2265707 5481241 253872799 12339212 22273275 21885458 17308637 18930828 28775947 3869756 4020246 7198598 9193758 13819823 2006205 280924496 82915712 183036552 198008784 5988989 28501868 7486202 7474527 1194353 27285127 275749771 344848374 27512873 35759134 89740533 112315897 42616356 44176259 159869762 192251290 X 53355 54070 15562169 17668399 100264485 134874615 115880009 152597084 275749771 344848374 X 23471543 13245532 X X 0 1 X 1 0 850 850 0 AESA-AGPAC EDUCATIONAL SERVICES 1320 CAPITOL ST NE STE 200 SALEM OR 97301 930281128 500 OREGON BUSINESS & INDUSTRY ASSOCIATION PAC 1149 COURT ST NE SALEM OR 97301 930859556 350 PART I-A, LINE 1: CONTRIBUTION TO A NONPARTISAN POLITICAL ACTION COMMITTEE SUPPORTING CANDIDATES FOR THE OREGON LEGISLATURE AND CONGRESS WHO ARE FRIENDS OF RURAL ELECTRIFICATION. 840874 840874 19589955 10636511 8953444 217377054 72279201 145097853 43116613 43116613 198008784 INVESTMENT - SUB 27752331 C INVESTMENT - OTHER 749537 C 28501868 DEFERRED DEBITS 12341497 DEPOSITS ON EQUIPMENT 11201087 RENEWABLE ENERGY CREDITS 1217753 CONTRACTS 2524790 27285127 CUSTOMERS' ADVANCE FOR CONSTRUCTION 35078385 POST RETIREMENT & DEFERRED COMPENSATION 1869766 OTHER ACCRUED EXPENSES 7228108 44176259 X 277344342 0 277344342 0 277344342 234583528 0 234583528 19289271 19289271 253872799 PART X, LINE 2: THE COOPERATIVE FOLLOWS ACCOUNTING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE COOPERATIVE RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE INCOME TAX PROVISION, WHEN APPLICABLE. THERE WERE NO AMOUNTS ACCRUED IN THE CONSOLIDATED FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS IN 2021 OR 2020. PART XII, LINE 4B - OTHER ADJUSTMENTS: 2021 ALLOCATION OF MARGINS - $19,289,271 1 AGAPE HOUSE PO BOX 1723 HERMISTON OR 97838 911780273 501(C)(3) 25000 0 GENERAL SUPPORT FARM CITY PRO RODEO 795 E MAIN HERMISTON OR 97838 931017956 501(C)(4) 14500 0 GENERAL SUPPORT FARMERS ENDING HUNGER PO BOX 7361 SALEM OR 97303 800505305 501(C)(3) 30000 0 GENERAL SUPPORT SAGE CENTER PO BOX 200 BOARDMAN OR 97818 930575616 501(C)(3) 25000 0 GENERAL SUPPORT THE OREGON COMMUNITY FOUNDATION 1221 SW YAMHILL ST PORTLAND OR 97205 237315673 501(C)(3) 18368 0 GENERAL SUPPORT UMATILLA COUNTY FAIR PO BOX 94 HERMISTON OR 97838 936012705 501(C)(3) 7513 0 GENERAL SUPPORT 5 1 X X X 0 1 0 ROBERT ECHENRODE GM & CEO 417214 0 329200 0 0 0 362004 0 25228 0 1133646 0 0 0 JOSHUA LANKFORD VP ENGINEERING & OPS 258789 0 54600 0 0 0 80160 0 19528 0 413077 0 0 0 LISA MCMEEN VP ADMINISTRATION 225769 0 72500 0 0 0 71743 0 19248 0 389260 0 0 0 MATTHEW LYDA JOURNEYMAN LINEMAN 226718 0 2500 0 0 0 34793 0 16090 0 280101 0 0 0 TRAVIS DEMING LINEMAN AGENT 199712 0 2500 0 0 0 47551 0 17656 0 267419 0 0 0 TIMOTHY MILLS LINEMAN AGENT 187955 0 2500 0 0 0 53475 0 17656 0 261586 0 0 0 MIKEL BRITT LINE FOREMAN 196837 0 2500 0 0 0 34515 0 17676 0 251528 0 0 0 CODY RADANT JOURNEYMAN LINEMAN 186632 0 2500 0 0 0 29758 0 20553 0 239443 0 0 0 PART I, LINE 4B THE COOPERATIVE MAINTAINS A NON-QUALIFIED DEFERRED COMPENSATION PROGRAM. FORM 990, PART VI, SECTION A, LINE 6 ONE CLASS OF MEMBERS. EACH MEMBER HAS ONE VOTE TO ELECT A DIRECTOR FROM WITHIN THEIR DISTRICT. DIRECTORS SERVE THREE-YEAR TERMS. BYLAW CHANGES REQUIRE A VOTE MY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THERE IS ONE CLASS OF MEMBERSHIP FOR ALL MEMBERS. A MEMBER IS ENTITLED TO ONE VOTE TO ELECT THE BOARD OF DIRECTORS. DIRECTORS SERVE THREE-YEAR TERMS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS VOTE TO APPROVE CHANGES IN THE BYLAWS AND TO ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM WITH SUPPORT FROM THE COOPERATIVE'S FINANCE STAFF. THE CONTROLLER AND VP OR CEO REVIEW THE DRAFT PRIOR TO IT BEING SHARED WITH THE BOARD. THE FINAL DRAFT IS DELIVERED TO THE BOARD FOR THEIR REVIEW. AFTER REVIEW, THE FORM 990 IS FINALIZED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAINTAINS A BOARD-APPROVED CONFLICT OF INTEREST POLICY AND MONITORS COMPLIANCE WITH ITS STANDARDS. EACH MEMBER OF THE BOARD IS REQUIRED TO REVIEW AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT ON AN ANNUAL BASIS. ANY CONFLICTS OF INTEREST ARE DISCLOSED TO THE FULL BOARD AND APPROPRIATE ACTION IS TAKEN BY THE CEO AS OUTLINED WITHIN THE POLICY. CONFLICTS OF INTEREST ARE GENERALLY AVOIDED AND ANY ACTIONS TAKEN ARE DETERMINED BY THE NATURE OF THE SITUATION. FORM 990, PART VI, SECTION B, LINE 15A INDEPENDENT CONSULTANT PROVIDED THE COOPERATIVE BOARD WITH A CEO MARKET VALUATION. THE VALUATION WAS THE BASIS FOR SETTING THE COMPENSATION LEVEL, APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST TO THE MEMBERSHIP AT THE COOPERATIVE'S HEADQUARTERS. THE ANNUAL FINANCIAL STATEMENTS ARE PUBLISHED IN THE RURALITE PUBLICATION. FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -6,475,353. MEMBERSHIPS 473,523. AMORTIZATION OF POST-RETIREMENT BENEFITS PLAN 28,396. OTHER ACTUARIAL GAIN/(LOSS) -70,305. 2021 ALLOCATION OF MARGINS 19,289,271. FORM 990, PART XII, LINE 2C: NO CHANGES TO OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. RURAL TELECOM COMPANY 750 W ELM AVE HERMISTON OR 97838 930961951 TELECOM OR RURAL SERVICES COMPANY NORTHEAST OREGON NOW LLC 750 W ELM AVE HERMISTON OR 97838 352459905 COMMUNICATION OR 0 0 RURAL SERVICES COMPANY 750 W ELM AVE HERMISTON OR 97838 912173565 BROADBAND/INVESTMENT OR UMATILLA ELECTRIC COOPERATIVE C 35971501 1.00000 0 UMATILLA BASIN HOLDINGS 750 W ELM AVE HERMISTON OR 97838 863130576 BUSINESS DEVELOPMENT OR UMATILLA ELECTRIC COOPERATIVE C 56453 31330306 1.00000 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 RURAL SERVICES COMPANY A 11967 FMV RURAL SERVICES COMPANY O 12275 FMV