2021-04-14T08:51:54-07:00 2019-12-31 990 2019-01-01 840215835 Grand Valley Rural Power Lines Inc GRAN 9702420040 PO Box 190 Grand Junction CO 81502 Thomas M Walch CEO 9702420040 2020-07-15 2019 2022-09-23 18:48:47Z PO Box 190 Grand Junction CO 815020190 32013400 false X www.gvp.org X 1936 CO Distribution of electricity to retail customers on a cooperative basis. 9 9 48 0 0 32521011 32013400 0 0 32521011 32013400 0 2152905 1906426 991673 1286620 0 0 29376433 28820354 32521011 32013400 0 82087722 85383691 52277638 55050266 29810084 30333425 Distribution of electricity to retail customers on a cooperative basis. 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 false false 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 21 0 true 48 true false false false false false 32013400 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 Grand Valley Power 9702420040 845 22 Road Grand Junction CO 81505 Thomas M Walch CEO 50.00 0.00 251189 0 117074 Doyle S Bradley Service Man 50.00 0.00 153453 0 61311 Michael Z Birch Manager of Operati 45.00 0.00 140037 0 42135 Matthew D Williams Manager of Eng 45.00 0.00 142759 0 36429 Patrick L Kanda Finance Manager 45.00 0.00 106990 0 54917 Trevor Lettman Lineman 50.00 0.00 125831 0 31147 Rod Martinez Director 13.00 0.00 X 22368 0 0 Dennis J Haberkorn Vice President 6.00 0.00 X 15301 0 0 Carolyn Sandeen-Hall President 7.00 0.00 X 14141 0 0 Sylvia A Spangler Director 4.00 0.00 X 13000 0 0 Jesse Mease Director 4.00 0.00 X 11924 0 0 Don McClaskey Director 4.00 0.00 X 11550 0 0 Janie Van Winkle Secretary 3.00 0.00 X 11262 0 0 William F Rooks Director 4.00 0.00 X 10950 0 0 Robert H Saunders Director 2.00 0.00 X 10350 0 0 1041105 343013 6 false true false Ward Electric Co Inc 3690 Stagecoach Road Longmont CO 80504 Line Construction 1249759 Asplundh Tree Expert Co 1700 Solutions Center Chicago IL 60677 Tree Trimming 435132 Utility Sales and Service 9771 Niwot Road Longmont CO 80504 Meter Reading 558842 3 0 Cooperative Capital Credi 252803 252803 Interest on savings 31144 31144 Joint Pole Use 41774 41774 Miscellaneous Service Rev 178120 178120 Sales of Electric Energy 221000 31498034 31498034 11525 11525 32013400 0 0 0 0 0 0 0 0 0 32013400 31144 31982256 0 0 0 1906426 1906426 120846 120846 0 0 516798 516798 434701 434701 214275 214275 0 30873 30873 22803 22803 0 0 0 9608 9608 0 0 0 0 0 0 0 0 1860630 1860630 0 2745106 2745106 0 Purchased Power 16926081 16926081 Distributions Exp - Operations 2135091 2135091 Administrative & General 1956956 1956956 Customer Accounts Expense 948726 948726 2184480 2184480 32013400 32013400 0 0 1282997 35928 1288489 0 4213441 4100603 0 0 0 2374847 2251332 966309 838356 102736197 27697431 71516615 75038766 0 1667826 1792302 0 0 65687 37915 82087722 85383691 2428175 1965756 688900 1365198 44787948 47140188 4372615 4579124 52277638 55050266 X 165298 164945 29644786 30168480 29810084 30333425 82087722 85383691 X 0 523341 X false true X true false 102736197 27697431 75038766 75038766 Accrued Paid Time Off 532344 Customer Deposits 180710 Other Comprehensive Income 271857 Other Current Liabilities 879550 Patronage Capital Payable 103297 Postretirement Benefits Other Than Pensi 189816 Unclaimed Patronage Capital Refunds 963027 Underground Construction Deposits 1458523 4579124 32013400 32013400 32013400 32013400 32013400 32013400 X X X false false false Doyle S Bradley Service Man 153453 61311 214764 Matthew D Williams Manager of Eng 142759 36429 179188 Michael Z Birch Manager of Operati 140037 42135 182172 Patrick L Kanda Finance Manager 106990 54917 161907 Thomas M Walch CEO 251189 117074 368263 Trevor Lettman Lineman 125831 31147 156978 Western United Electric Common Director Purchase of material false Colorado Rural Electric Common Director Trade Organization false Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder New customers become members by opting in. Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is provided to the Board of Directors for any discussion or comment. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts 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 approve the conflicting interest transaction. The conflicting interest transaction may be approved by a vote of the majority of the disinterested directors. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Compensation of the organization's top management official 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. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees 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 employees 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 Officer's annual salary in the other cooperatives. The Board of Directors uses this information during the evaluation process. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Governing document, policies, Audited Financial Statements, and the Form 990 are available to the general public upon request at the cooperative's headquarters. Other Changes In Net Assets Or Fund Balances - Other Increases 2018 Patronage Capital Allocated = $2152905 Other Changes In Net Assets Or Fund Balances - Other Decreases Capital Credit Retirement in 2019 = -$1000046 Other Changes In Net Assets Or Fund Balances - Other Decreases Estate Retirements in 2019 = -$64424 Other Changes In Net Assets Or Fund Balances - Other Increases Gain on Unclaimed Capital Credits = $0 Other Changes In Net Assets Or Fund Balances - Other Decreases Other Comprehensive Income = -$565094