2025-08-08T12:51:36-04:00 2024-12-31 743040374 Kelso Lynch PC PA 6700 Squibb Rd Ste 215 Mission KS 662023252 990 2024-01-01 840215835 Grand Valley Rural Power Lines Inc % Thomas Walch GRAN 9702420040 PO Box 190 Grand Junction CO 815020190 THOMAS WALCH CEO 9702420040 2025-07-21 false true GEORGE LYNCH P00187596 9138311150 2025-08-08 2024 2025-03-06 01:10:19Z Thomas Walch PO Box 190 Grand Junction CO 815020190 38402344 false X www.gvp.org X 1936 CO Distribution of safe and reliable electricity to all our consumers while following our cooperative principals. 9 9 51 0 0 0 38840444 38182015 99503 220329 0 38939947 38402344 0 3139755 2573121 1407092 1694814 0 0 34393100 34134409 38939947 38402344 0 91968778 92716775 56194078 55551962 35774700 37164813 Distribution of safe and reliable electricity to all our consumers while following our cooperative principals. 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 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 23 0 true 51 true false false false false false false false false false false false false false false 40421064 582556 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 Thomas Walch 9702420040 PO Box 190 Grand Junction CO 815020190 Thomas Walch CEO 45.00 0.00 X X 329403 0 77137 Derek Elder CAO 50.00 0.00 X 205230 0 62406 Joseph Michlaewicz CFO 55.00 0.00 X 199617 0 63403 Matthew Williams COO 50.00 0.00 X 213505 0 46021 William Barlow Operations Manager 45.00 0.00 X 157838 0 41352 Trevor Lettman Working Foreman 43.00 0.00 X 152148 0 37809 Carolyn Sandeen-Hall Director 6.00 0.00 X 13520 0 0 Jesse Mease Board Vice President 5.00 0.00 X 12580 0 0 Brian Woods Board President 3.00 0.00 X 12445 0 0 Gary DeYoung Director 4.00 0.00 X 12400 0 0 Kyle Coltrinari Board SecretaryTreasurer 3.00 0.00 X 12150 0 0 Janie VanWinkle Director 3.00 0.00 X 12000 0 0 Joe Landini Director 2.00 0.00 X 11900 0 0 Joseph Burtard Director 2.00 0.00 X 10550 0 0 William F Rooks Director 3.00 0.00 X 7400 0 0 Lindsay Gray Director 5.00 0.00 X 4000 0 0 1366686 0 328128 29 false true false Aperion Utility Construction 526 Perkins Court Grand Junction CO 81504 Elect Line Contrac 178714 Western Colorado Fleet Service LLC 2403 Riverside Parkway Grand Junction CO 81505 Fleet Maintenance 179482 ASPLUNDH TREE EXPERT LLC 1700 Solutions Center Chicago IL 60677 Tree Trimming 589046 TRAFFIC CONTROL SPECIALISTS LLC 526 Perkins Court Grand Junction CO 81504 Traffic Control 193788 4 Sale of Energy 221000 37700557 37700557 Capital Credits 221000 315392 315392 Misc Service Revenue 221000 74491 74491 Joint Pole Use 221000 75154 75154 Other Service Revenue 221000 16421 16421 38182015 220329 220329 0 38402344 38090440 0 311904 X 2573121 778505 916309 1852276 3246165 Purchased Power 20108793 20108793 Distribution Expense 3620066 3620066 Admin & General 3192190 3192190 Member Service 1290501 1290501 824418 38402344 0 0 0 4167720 5643398 5043002 4216559 2525384 2069840 7807 117223722 39162946 77705979 78060776 2490596 2665025 36097 53370 91968778 92716775 3900592 2188185 1005770 2029479 46043001 45949023 5244715 5385275 56194078 55551962 X 35774700 37164813 35774700 37164813 91968778 92716775 X 0 1390113 X false true X true false 2749420 2749420 9965207 2832515 7132692 104509095 36330431 68178664 78060776 Accrued Paid Time Off 684735 Accrued Taxes 857385 Customer Deposits 124722 Other Current Liabilities 317542 Patronage Capital Payable 387853 Postretirement Benefits Other Than 352260 Unclaimed Patronage Capital Refunds 914086 Underground Construction Deposits 1746692 5385275 X 38402344 38402344 38402344 35829223 35829223 2573121 2573121 38402344 Part XII, Line 4b-Other expenses not included on Sch D but on 990 Margins Assigned to Members - $2,573,121 Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740) The Cooperative has a letter of exemption from federal income tax, issued by the Internal Revenue Service and files IRS Form 990 annually. An evaluation of whether or not it has any uncertain tax positions is determined on an annual basis by the Cooperative. While the Cooperative believes it has adequately provided for all tax positions, amounts asserted by taxing authorities could be different than the positions taken by the Cooperative. The Cooperative recognizes any interest and penalties assessed by taxingauthorities in income tax expense and, with few exceptions, is no longer subject to federal, state and local income tax examinations for years prior to 2021. X X X false false false Joseph Michlaewicz CFO 199617 28103 35300 263020 Thomas Walch CEO 329403 46835 30302 406540 Matthew Williams COO 213505 25621 20400 259526 Derek Elder CAO 205230 28206 34200 267636 William Barlow Operations Manager 157838 21987 19365 199190 Trevor Lettman Working Foreman 152148 19105 18704 189957 Members or stockholder classes and rights Part VI line 6 New customers become members by opting in. Member election for additional members Part VI line 7a The business and affairs of the Cooperative are managed by a board of nine (9) directors. Each member of the Cooperative is entitled to vote in the election of directors on the Board of Directors either at a meeting held for such purpose or by mail. Directors are elected by a plurality vote of the members. Committee meeting documentation Part VI line 8b Minutes are taken at Board of Director Meetings and approved at the next board meeting Form 990 governing body review Part VI line 11 Form 990 is provided and presented to the Board of Directors for review, discussion, comment, and questions. Conflict of interest policy compliance Part VI line 12c 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 apporve the conflicting interest transaction. The conflicting interest transaction may be approved by a vote of the majority of the disinterested directors. CEO executive director top management comp Part VI line 15a Compensation of the organizations top management officials 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. Other officer or key employee compensation Part VI line 15b 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 employess 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 Officers annual salary in the other cooperatives. The Board of Directors uses this information during the evaluation process. Governing documents etc available to public Part VI line 19 Governing document, policies, Audited Financial Statements, and the Form 990 are available to the general public upon request at the cooperatives headaquarters. Explanation of other changes in net assets or fund balances Part XI line 9 Current Year Margins Assigned to Members $2,573,121Capital Credit Retirements -1,361,642 Other Comprehensive Income Change 26,809 Other Changes 151,825 Total $1,390,113 Part IX response or note to any line in Part IX Form 990, Part IX, Line 4The instructions to the 2024 Form 990 indicate that organizations exempt under Section 501(c)(12) should report patronage dividends paid to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words patronage dividends paid in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year ended December 31, 2024.