2021-05-06T18:49:05-07:00 2020-12-31 990 2020-01-01 930389023 MIDSTATE ELECTRIC COOPERATIVE INC MIDS 5415362126 P O Box 127 La Pine OR 97739 David Schneider General Manager 5415362126 2021-05-06 0 11 0 AAL2 X 2020 2022-09-23 18:48:47Z David Schneider P O Box 127 La Pine OR 97739 35421825 0 X www.midstateelectric.coop X 1948 OR Delivering and selling electricity to the members of the Cooperative 9 9 66 0 17850 16783 0 0 34803276 35170677 231762 203492 125646 47656 35160684 35421825 0 0 2426792 2585945 6114900 6716847 0 0 0 26618992 26119033 35160684 35421825 0 0 66894928 70196626 36768529 38963624 30126399 31233002 Midstate Electric Cooperative provides cost-effective reliable utility services to its members. 0 0 Distribution of electricity to members: 16,861 members BPA Weatherization Programs:40 jobs completed 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 40 0 1 66 1 1 0 0 0 0 0 35170676 217984 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Jami Steinhauer 5415362126 16755 Finley Butte Rd La Pine OR 97739 David W Schneider General Manager 50 0 X 299300 0 221820 Pat Barker Working Foreman Area Coordinator 47 0 X 177383 0 124509 Jami Steinhauer Chief Financial Officer 45 0 X 146333 0 104269 Mike Hess Working Foreman 45 0 X 140860 0 93614 Steve Hess Operations / Engineer Manager 45 0 X 193208 0 36869 Tom Weller Engineering Supervisor 45 0 X 146440 0 81546 Gary Logsdon Meter Technician 42 0 X 116648 0 85238 Maxwell Bean Lineman 51 0 X 137640 0 63114 Alan Parks Chairman 4 0 X X 31374 0 0 Victor Russell Secretary / Treasurer 3 0 X X 31079 0 0 Gordon DeArmond Vice Chairman 4 0 X X 30975 0 0 Robert Reed Director 2 0 X 29232 0 0 Diana Cox Director 3 0 X 18000 0 0 Ron Sommerfeldt Director 2 0 X 17971 0 0 Ken Wilson Director 3 0 X X 17940 0 0 Donovan Kendall Director 2 0 X 17552 0 0 Richard Luebke Director 7 0 X 14214 0 0 Leland Smith Director 6 0 X X 9873 0 0 Tanna King Director 4 0 X 3056 0 0 1579078 0 810979 24 1 1 0 Estrada Consultants LLC P O Box 1239 Redmond OR 97756 Utility Inspection 276439 Jensen's Tree Service Inc P O box 500 Glendale OR 97442 Tree Trimming 808162 Direct Drilling Inc 9120 Double Diamond Pkwy Suite 6073 Reno NV 89521 Drilling 225730 USIC Locating Services LLC P O Box 715409 Cincinnati OH 45271 Locating 118951 Christenson Electric Inc 17201 NE Sacramento St Portland OR 97230 Line Construction 1502150 5 0 Electricity Sales 221000 35152827 35152827 0 0 Dark Fiber Leasing 221000 17850 0 17850 0 0 0 0 0 35170677 203492 0 0 203492 0 0 0 0 0 0 0 0 47656 0 0 0 47656 0 47656 47656 0 0 0 0 0 0 0 0 0 35421825 35200483 17850 203492 2585945 860106 2962613 949326 1502259 442543 55695 83134 22000 37676 720112 151635 306347 1209042 3205578 209311 Purchased Power 17044913 Taxes 770397 2303193 35421825 0 0 0 522565 554850 52536 52744 4425170 4112663 0 0 0 0 1488 0 1199528 987331 2451580 2186160 124402738 64489126 55888554 59913612 2353507 2389266 66894928 70196626 2456967 2825207 29314924 30426991 4996638 5711426 36768529 38963624 X 0 0 3488043 3495810 26638356 27737192 30126399 31233002 66894928 70196626 X 0 0 0 0 0 1106603 X 0 1 X 1 0 3000 0 0 0 0 1 Oregon Action Committee for Rural Electrification 8565 SW Sallish Lane Suite 130 Wilsonville OR 97070 930593238 3000 0 Schedule C, Part I-A, Line 1 The Cooperative makes a corporate contribution to Oregon Action Committee for Rural Electrification. 0 332659 332659 0 8576063 3219316 5356747 0 0 0 0 0 9823529 7743893 2079636 0 105670487 53525917 52144570 59913612 Post Retirement Benefit Obligation 1100411 Consumer Deposits 751459 Accrued Taxes 762510 Patronage Capital Payable 2350867 Accrued Vacation and Sick Leave 589065 Other Current Liabilities 157114 5711426 X 35421825 0 0 0 0 0 35421825 0 0 0 35421825 32835880 0 0 0 0 0 32835880 0 2585945 2585945 35421825 Schedule D, Part X, Line 2 The Cooperative adopted Accounting Standards Codification (ASC) 740-10, relating to accounting for uncertain tax positions. The Cooperative does not have any uncertain tax liabilities. Schedule D, Part XII, Line 4b The audited financial statements have included some expenses that were netted against related items therefore reducing the expense amount. The audited financial statements also recognized net margins not as an expense as reported on the Form 990. 0 0 0 David W Schneider General Manager 267797 0 15634 0 15869 0 188065 0 37491 0 524856 0 0 Pat Barker Working Foreman Area Coordinator 167177 0 7320 0 2886 0 94346 0 31917 0 303646 0 0 Jami Steinhauer Chief Financial Officer 142261 0 0 0 4072 0 97169 0 9128 0 252630 0 0 0 Mike Hess Working Foreman 132890 0 7320 0 649 0 48791 0 46576 0 236226 0 0 0 Steve Hess Operations / Engineer Manager 178088 0 8653 0 6467 0 5806 0 33142 0 232156 0 0 0 Tom Weller Engineering Supervisor 136543 0 7996 0 1902 0 50543 0 32920 0 229904 0 0 0 Gary Logsdon Meter Technician 100730 0 4830 0 11088 0 53275 0 33426 0 203349 0 0 0 Maxwell Bean Lineman 95522 0 0 0 42118 0 22627 0 41854 0 202121 0 0 0 Ken Wilson Director 17940 0 0 0 0 0 0 0 0 0 17940 0 0 Leland Smith Director 9873 0 0 0 0 0 0 0 0 0 9873 0 0 0 Form 990, Part V, Line 3b Due to the electronic filing requirement, we are in the process of getting a EFIN to then file the 990-T electronically. Form 990, Part VI, Section A, Line 6 Any person, firm, association, corporation or body politic which uses electric energy and to whom the Cooperative's electric service is then available, shall be eligible for membership to the Cooperative, subject to acceptance for membership as provided by our Bylaws. Form 990, Part VI, Section A, Line 7a Each member of the Cooperative shall be entitled to one vote to elect Directors, make changes to the Cooperatives Articles of Incorporation or Bylaws and any other action that takes approval of the general membership. Form 990, Part VI, Section A, Line 7b Each member of the Cooperative shall be entitled to one vote to elect Directors, make changes to the Cooperatives Articles of Incorporation or Bylaws and any other action that takes approval of the general membership. Form 990, Part VI, Section B, Line 11b The Form 990 is prepared by the CFO and reviewed by the retained Attorney and periodically reviewed by an independent auditing firm. The Form 990 is reviewed by the governing body at a regular board meeting prior to the filing of the form. Form 990, Part VI, Section B, Line 12c Each year the Board of Directors are given a questionnaire to identify possible conflicts of interest and relationships with family. Management of the Cooperative reviews contracts and transactions as part of the regular course of business to identify conflicts of interest. Form 990, Part VI, Section B, Line 15 The Board of Directors review the General Manager's performance and the salary is based on this performance review. Other Cooperative's Form 990's and compensation survey's are reviewed as a comparison tool. All 9 Board Members and the retained Attorney are on the review committee. The General Manager uses a comparative salary model that looks at salaries for the industry and the area served by the organization for all management employees. Salaries in part, are based on a scale provided by this model. Form 990, Part VI, Section C, Line 19 The Cooperative gives Bylaws to new members and any existing member that makes a request. The financial statements are mailed to all members and to any member that requests them. Policies are given to members upon request. Form 990, Part XI, Line 9 Other changes in net assets or fund balances is the current years margins of $2,585,945 plus other changes in equity of $7,767 less patronage capital retirements of $1,487,109.