2021-07-27T17:28:13-05:00 2020-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1200 PORTLAND OR 97205 990 2020-01-01 840235244 INTERMOUNTAIN RURAL ELECTRIC ASSOCIATION INTE 3036883100 5496 N US HWY 85 NO NA SEDALIA CO 80135 JEFFREY M BAUDIER CEO 3036883100 2021-07-26 1 JEFFREY BAUDIER XXX-XX-XXXX WENDY CAMPOS P00448102 5032421447 2021-07-25 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z JEFFREY M BAUDIER 5496 N US HWY 85 NO N/A SEDALIA CO 80135 314029389 0 X WWW.IREA.COOP X 1938 CO THE ASSOCIATION WAS ESTABLISHED AS A RURAL ELECTRIC DISTRIBUTION COOPERATIVE TO PROVIDE ELECTRIC UTILITY SERVICE WITHIN ITS SERVICE TERRITORY. 7 7 282 0 0 0 0 0 303118135 313465699 421841 216227 14900 6749 303554876 313688675 0 0 30066549 17221368 29663675 29711021 0 0 0 243824652 266756286 303554876 313688675 0 0 1128947537 1208217959 780419075 854791645 348528462 353426314 THE ASSOCIATION WAS ESTABLISHED AS A RURAL ELECTRIC DISTRIBUTION COOPERATIVE TO PROVIDE ELECTRIC UTILITY SERVICE WITHIN ITS SERVICE TERRITORY. 0 0 THE ASSOCIATION DISTRIBUTED ELECTRICITY TO 165,422 ACTIVE SERVICE LOCATIONS IN 11 COLORADO COUNTIES. 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 1 542 0 1 282 1 0 0 0 0 0 308420726 4376129 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 1 0 X DIERDRE P JONES CFO 3036883100 5496 NO US HIGHWAY 85 SEDALIA CO 80135 TIMOTHY WHITE DIRECTOR, PRESIDENT 3.00 X X 40384 0 0 JAMES T ANEST DIRECTOR, SECRETARY/TREASURER 3.00 X X 46328 0 0 ROBERT W GRAF DIRECTOR 6.00 X 40213 0 0 BRUFF SHEA DIRECTOR, VICE PRESIDENT 3.00 X X 33637 0 0 EUGENE SPERRY DIRECTOR 3.00 X X 29813 0 0 JAMES C DOZIER DIRECTOR (THROUGH MARCH 2020) 1.00 X X 6869 0 0 MICHAEL KEMPE DIRECTOR, ASST. SECRETARY/TREASURER 3.00 X X 15554 0 0 RON KILGORE DIRECTOR 3.00 X 5366 0 0 PATRICK MOONEY CEO 40.00 X 605741 0 121840 DIERDRE JONES CFO 40.00 X 395201 0 125595 PAMELA FEUERSTEIN COO 40.00 X 395692 0 122614 AMANDA LESHER COMMUNITY RELATIONS OFFICER 40.00 X 301865 0 75036 IAN FLEMING CORPORATE SERVICES OFFICER 40.00 X 264019 0 99516 CRAIG JOHNSON CHIEF LEGAL OFFICER 40.00 X 215861 0 23952 AMY WATSON ATTORNEY (THROUGH JANUARY 2020) 40.00 X 34875 0 8131 MARK JURGEMEYER ENGINEERING DIRECTOR 40.00 X 263821 0 93674 ALEX MENDEZ DISTRIBUTION OPS DIRECTOR 40.00 X 218840 0 85325 MARTHA LORD CONTROLLER 40.00 X 198111 0 102136 ANDREW MINTER TRANSMISSION OPS DIRECTOR 40.00 X 198898 0 86161 CHRIS HILDRED DIRECTOR, POWER SUPPLY 40.00 X 191082 0 80129 JOHNATHAN LACKMAN DIRECTOR, INFORMATION TECHNOLOGY 40.00 X 180867 0 80513 JOSHUA LISS DIRECTOR, PUBLIC AFFAIRS 40.00 X 186002 0 84765 ANDREW LONG SUBSTATION MANAGER 40.00 X 189475 0 67055 TOMASZ PAROL WORKING FOREMAN OPS 40.00 X 188487 0 74692 MATTHEW BASFORD WORKING FOREMAN OPS 40.00 X 188255 0 56308 SAMUEL PURCELL JOURNEYMAN LINEMAN OPS 40.00 X 181932 0 34737 4617188 0 1422179 136 0 1 0 COLORADO POWERLINE INC 5401 N PETERSON ROAD SEDALIA CO 80135 UTILITY CONSTRUCTION 35701490 NUNN CONSTRUCTION 925 ELKTON DRIVE COLORADO SPRINGS CO 80907 COMMERCIAL CONSTRUCTION 15563592 ITRON NETWORKED SOLUTIONS INC 2111 MOLTER ROAD LIBERTY LAKE WA 99019 METER SUPPLIER 9954490 ASPLUNDH TREE EXPERT CO 1700 SOLUTIONS CENTER CHICAGO IL 60677 VEGETATION MANAGEMENT 4679492 STANLEY CONSULTANTS INC 8000 S CHESTER STREET CENTENNIAL CO 80112 UTILITY CONSTRUCTION 4336849 78 DISTRIB. OF ELECTRICTY 221000 307830886 307830886 PATRONAGE CAPITAL CREDITS 221000 3968253 3968253 JOINT POLE REVENUE 900002 891820 891820 OTHER SERVICE REVENUES 221000 582407 582407 ALL OTHER PROGRAM SERVICE 221000 192333 192333 313465699 215842 215842 19500 12751 6749 6749 6749 328348 327963 385 385 385 313688675 312581013 0 1107662 17221368 4574039 16229196 3368133 4164598 1375055 460174 99448 75420 1921099 3191995 63243 40780660 47108447 908873 GEN/PURCHASED POWER 140537832 PROPERTY, FRANCHISE, AN 15210337 MAINTENANCE 9213774 CUSTOMER ACCOUNTS AND I 2431095 4753889 313688675 5041199 7125723 725363 672427 33830914 37189878 5399565 11273833 13197659 28973683 1503823634 410926543 1042409958 1092897091 28310357 30053128 32522 32196 1128947537 1208217959 52453695 59440337 697604888 760863978 30360492 34487330 780419075 854791645 X 0 0 724945 743595 347803517 352682719 348528462 353426314 1128947537 1208217959 X 0 1967911 2929941 X 0 1 X 1 0 36000 0 36000 0 36000 1 BETTER COLORADO ALLIANCE PO BOX 100033 DENVER CO 80250 832505765 2500 BOBPAC 407 S TEJON STREET C COLORADO SPRINGS CO 80903 822587723 625 BUCKNER FOR CO LEADERSHIP FUND 4124 S ELKHART ST AURORA CO 80014 823321705 625 CARE MEMBERSHIP ACCOUNT LLC 5400 N WASHINGTON ST DENVER CO 80216 743106451 10000 COLEMAN LEADERSHIP FUND 5389 LIVERPOOL ST DENVER CO 80249 822354771 625 COLORADO CHAMBER OF COMMERCE 1600 BROADWAY 1000 DENVER CO 80202 840174402 3500 COLORADO REPUBLICAN LEADERSHIP 2318 CURTIS STREET DENVER CO 80205 272888588 625 DAFNA FOR COLORADO LEADERSHIP 16891 E 107TH AVE COMMERCE CITY CO 80022 823322297 625 GRAY FOR COLORADO LEADERSHIP PO BOX 1674 BROOMFIELD CO 80038 822580149 625 HIGHLANDS RANCH REPUBLICAN LEADERSHIP PAC 2318 CURTIS STREET DENVER CO 80205 814658183 625 JACKSON FOR COLORADO HOUSE LEADERSHIP FUND 13405 EAST PARKVIEW DRIVE AURORA CO 80011 822613186 625 KENNEDYS BACKPAC 13 LAKEWOOD HEIGHTS DR LAKEWOOD CO 80215 474809264 625 LEADING COLORADO FORWARD PO BOX 102766 DENVER CO 80250 832522034 2500 MARK BAISLEY LEADERSHIP PAC 10398 TOTEM RUN LITTLETON CO 80125 831308217 625 NOCO LEADERSHIP PAC 1151 EAGLE DRIVE 193 LOVELAND CO 80537 822217904 625 READY COLORADO ACTION FUND 1801 CALIFORNIA STREET 2400 DENVER CO 80202 842607216 625 RURAL COLORADO MATTERS PAC 46251 COUNTY ROAD V CHEYENNE WELLS CO 80810 842370017 625 SENATE MAJORITY FUND 2318 CURTIS STREET DENVER CO 80205 451353357 5000 VALDEZ FOR COLORADO RAINBOW FUND 2443 N CLAY STREET DENVER CO 80211 831665791 625 VALUES FIRST COLORADO 601 16TH STREET C 138 GOLDEN CO 80401 814643054 2500 WEISSMAN LEADERSHIP FUND 1165 OURAY ST AURORA CO 80011 822617122 625 ZENPAC 7725 MARSHALL ST ARVADA CO 80003 814608950 625 PART I-A, LINE 1: POLITICAL DONATIONS 27730400 27730400 79780952 14563998 65216954 1396312282 396362545 999949737 1092897091 ASSET RETIREMENT OBLIGATION 9946337 DEFERRED CREDITS 9822394 POST RETIREMENT & PENSION 11419651 CUSTOMER DEPOSITS 3298948 34487330 X 315661452 1967911 1967911 313693541 -4866 -4866 313688675 296472173 0 296472173 17216502 17216502 313688675 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION FILES AN EXEMPT ORGANIZATION RETURN IN THE U.S. FEDERAL JURISDICTION. AS OF DECEMBER 31, 2020 AND 2019, THE ASSOCIATION HAD NO UNCERTAIN TAX POSITIONS, AND NO PROVISION FOR INCOME TAXES, CONSISTENT WITH ITS TAX-EXEMPT STATUS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENT EXPENSE/GAIN ON DISPOSITION -4,866. PART XII, LINE 4B - OTHER ADJUSTMENTS: BENEFITS PAID TO MEMBERS 17,221,368. RENT EXPENSE/GAIN ON DISPOSITION -4,866. X 1 1 X X X 0 0 0 PATRICK MOONEY CEO 468087 0 125100 0 12554 0 107755 0 14085 0 727581 0 0 0 DIERDRE JONES CFO 348054 0 40050 0 7097 0 89541 0 36054 0 520796 0 0 0 PAMELA FEUERSTEIN COO 348054 0 40100 0 7538 0 87844 0 34770 0 518306 0 0 0 AMANDA LESHER COMMUNITY RELATIONS OFFICER 256466 0 32100 0 13299 0 61808 0 13228 0 376901 0 0 0 IAN FLEMING CORPORATE SERVICES OFFICER 231612 0 20050 0 12357 0 64741 0 34775 0 363535 0 0 0 MARK JURGEMEYER ENGINEERING DIRECTOR 235750 0 15050 0 13021 0 70273 0 23401 0 357495 0 0 0 ALEX MENDEZ DISTRIBUTION OPS DIRECTOR 196737 0 15200 0 6903 0 65719 0 19606 0 304165 0 0 0 MARTHA LORD CONTROLLER 180754 0 12750 0 4607 0 66685 0 35451 0 300247 0 0 0 ANDREW MINTER TRANSMISSION OPS DIRECTOR 178585 0 10150 0 10163 0 51651 0 34510 0 285059 0 0 0 CHRIS HILDRED DIRECTOR, POWER SUPPLY 176002 0 12050 0 3030 0 45654 0 34475 0 271211 0 0 0 JOSHUA LISS DIRECTOR, PUBLIC AFFAIRS 167925 0 13650 0 4427 0 50344 0 34421 0 270767 0 0 0 TOMASZ PAROL WORKING FOREMAN OPS 169803 0 4000 0 14684 0 40870 0 33822 0 263179 0 0 0 JOHNATHAN LACKMAN DIRECTOR, INFORMATION TECHNOLOGY 168363 0 10050 0 2454 0 54117 0 26396 0 261380 0 0 0 ANDREW LONG SUBSTATION MANAGER 170222 0 8150 0 11103 0 54119 0 12936 0 256530 0 0 0 MATTHEW BASFORD WORKING FOREMAN OPS 169932 0 3900 0 14423 0 22486 0 33822 0 244563 0 0 0 CRAIG JOHNSON CHIEF LEGAL OFFICER 190519 0 25050 0 292 0 5227 0 18725 0 239813 0 0 0 SAMUEL PURCELL JOURNEYMAN LINEMAN OPS 173819 0 3250 0 4863 0 22496 0 12241 0 216669 0 0 0 PART I, LINE 1A THE ASSOCIATION PROVIDES UP TO $300 TOWARD COSTS OF A WELLNESS PROGRAM AS A TAXABLE BENEFIT AVAILABLE TO EMPLOYEES. FOUR OF THE ABOVE INDIVIDUALS PARTICIPATED IN THIS BENEFIT DURING 2020. FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE WAS FORMED BY THE MEMBERS TO PROVIDE ELECTRIC SERVICE AT COST ON A COOPERATIVE BASIS, AS PROVIDED FOR IN ITS BYLAWS. THERE IS ONLY ONE CLASS OF MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ASSOCIATION IS DIVIDED INTO SEVEN DISTRICTS, AND EACH DISTRICT IS REPRESENTED BY ONE BOARD MEMBER (DIRECTOR). BOARD MEMBERS ARE ELECTED BY THE RESEPCTIVE DISTRICT MEMBERS TO STAGGERED FOUR-YEAR TERMS. ELECTIONS ARE BY MAIL BALLOT, BUT MEMBERS MAY VOTE IN PERSON AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990, INCLUDING THE RELATED SCHEDULES, IS COMPLETED AND FILED BY MOSS ADAMS, THE ASSOCIATION'S EXTERNAL CPA FIRM. FORM 990 INFORMATION IS PROVIDED TO MOSS ADAMS TAX BY STAFF OF THE ASSOCIATION UNDER THE DIRECTION OF THE CFO, WHO IN TURN REVIEWS THE GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTIONS REQUIRED BY THE FORM 990, AND PRESENTS A DRAFT OF THE COMPLETED REPORT TO THE CEO AND BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST AS EVENTS OR CIRCUMSTANCES GIVING RISE TO A CONFLICT OCCUR. THE CEO REVIEWS ANY POTENTIAL CONFLICTS THAT ARE BROUGHT TO HIS ATTENTION AND MAKES THE DETERMINATION FOR KEY EMPLOYEES. THE BOARD OF DIRECTORS REVIEWS AND MAKES DETERMINATIONS FOR THE CEO AND AT THE DIRECTOR LEVEL. RESTRICTIONS ON PERSONS WITH A CONFLICT GENERALLY RESULT IN REMOVING THE PERSON FROM DECISION-MAKING AUTHORITY CONCERNING THE CONFLICT AND MAY, IN THE CASE OF DIRECTORS, INCLUDE MANDATORY ABSTENTION FROM VOTING ON THE RELATED AGENDA ITEM. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE CEO IS EVALUATED AND APPROVED BY THE BOARD OF DIRECTORS, IN COMPARISON WITH INDUSTRY STANDARDS AND OTHER COOPERATIVES. COMPENSATION FOR MANAGEMENT EMPLOYEES, INCLUDING SALARIES AND BENEFITS, IS EVALUATED BY HUMAN RESOURCES PERSONNEL UNDER THE DIRECTION OF THE CEO, USING COMPARISONS WITH INDUSTRY STANDARDS, WITH OTHER COOPERATIVES, AND IN CONSIDERATION OF LOCAL EMPLOYMENT AND ECONOMIC MARKETS. THE RESULTING RECOMMENDATIONS ARE REVIEWED BY THE CEO AND WITH THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE BYLAWS OF THE ASSOCIATION, THE ANNUAL REPORT, AND BOARD MINUTES ARE AVAILABLE ON THE ASSOCIATION'S WEBSITE AT WWW.IREA.COOP. THE ASSOCIATION'S ARTICLES OF INCORPORATION ARE AVAILABLE ON THE COLORADO SECRETARY OF STATE'S WEBSITE. OTHER ASSOCIATION DOCUMENTS, SUCH AS THE FORM 990, ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ASSOCIATION'S HEADQUARTERS OFFICE. FORM 990, PART XI, LINE 9: BENEFITS PAID TO MEMBERS 17,221,368. PCC REFUND -16,747,352. UNCLAIMED CAPITAL CREDITS 2,437,275. MEMBERSHIP FEES 18,650.