2020-07-07T05:32:11-05:00 2019-12-31 363163136 LONDON WITTE GROUP LLC 1776 N MERIDIAN ST STE 500 INDIANAPOLIS IN 46202 990 2019-01-01 370442695 NORRIS ELECTRIC COOPERATIVE NORR 6187838765 8543 N STATE HWY 130 NEWTON IL 62448 TAMI PHILLIPS GENERAL MANAGER 6187838765 2020-06-25 1 EARL L RIDLEN P00987829 3176344747 206.53.252.130 2020-06-25 14:40:28 US P 6CF0B095D0C1242C5EDEDECEF75BA3473C52F0E5 D0C38AB60C307D73A90E817C68D67340FB0F463D 2019 2020-09-22 18:59:49Z TAMI PHILLIPS 8543 N STATE HWY 130 NEWTON IL 62448 41171680 0 X WWW.NORRISELECTRIC.COM X 1938 IL DISTRIBUTION OF ELECTRICITY TO RURAL MEMBERS OF THE COOPERATIVE 11 11 60 0 2919 1116 0 0 49522363 41276963 16566 47734 -208071 -218416 49330858 41106281 0 0 0 0 372123 374870 0 0 0 44767753 38321689 45139876 38696559 4190982 2409722 95011451 100142863 23805749 25552948 71205702 74589915 TO PROVIDE ELECTRICITY AND OTHER SERVICES TO ITS MEMBERS. 0 0 38696559 41276963 DISTRIBUTION OF ELECTRICITY TO RURAL MEMBERS. 38696559 0 0 0 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 1 0 0 0 0 0 0 0 0 1 43 0 1 60 1 1 1 0 0 0 0 0 0 41276963 -170682 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X NORRIS ELECTRIC COOPERATIVE 6187838765 ROUTE 130 SOUTH NEWTON IL 62448 GARY BUSER DIRECTOR 2.16 X 8141 0 0 DEAN DIETRICH SECRETARY/TREASURER 1.36 X X 7952 0 0 KURT HOLSCHER DIRECTOR 1.07 X 5389 0 0 GILBERT GARBE DIRECTOR 1.07 X 7742 0 0 THEODORE HELMINK DIRECTOR 1.55 X 7961 0 0 JUSTIN PARCEL VICE PRESIDENT 0.85 X X 7446 0 0 GORDON MCCLURE PRESIDENT 1.38 X X 7732 0 0 DAN STRINE DIRECTOR 1.76 X 12070 0 0 JOHN DAVID SHEPPARD DIRECTOR 1.41 X 12418 0 0 RON VIEHMAN DIRECTOR 1.78 X 11471 0 0 SCOTT E WEISS DIRECTOR 1.39 X 8320 0 0 TAMI PHILLIPS CEO 50.00 X 173683 0 40731 STEVE HUNZINGER LINEMAN 46.67 X 119945 0 34746 CASEY M FULK LINEMAN 47.04 X 121548 0 44654 JEFF HIGGS LINEMAN 47.25 X 123156 0 40205 DIAN MOORE LINEMAN 49.13 X 131223 0 41297 DOUG CASEY FOREMAN 46.62 X 123734 0 33784 889931 0 235417 6 0 1 0 HENKELS & MCCOY INC 1620 NORTH BROADWAY SALEM IL 62881 UTILITY CONSTRUCTION 2407234 BROWNSTOWN ELECTRIC 3300 OFFICE PARK DR BROWNSTOWN IN 47220 UTILITY CONSTRUCTION 1522490 BLUE CROSS BLUE SHIELD 300 EAST RANDOLPH STREET CHICAGO IL 606015099 INSURANCE 1407069 ANIXTER INC 1100 OLD STATE ROAD E MATTION IL 61938 UTILITY CONSTRUCTION 1155922 K WOHLTMAN CONSTRUCTION INC 18700 N US HWY 45 EFFINGHAM IL 62401 BUILDING CONSTRUCTION 841648 5 SMALL SINGLE PHASE 221000 22964898 22964898 COMMERCIAL & INDUSTRIAL SALES 221000 13130897 13130897 RESIDENTIAL A-D 221000 2711570 2711570 SMALL ELECTRIC HEAT-AE 221000 1593702 1593702 ALL OTHER 221000 312825 312825 563071 563071 41276963 38984 38984 15648 58501 0 65399 15648 -6898 8750 8750 PATRONAGE REVENUE 900099 57600 57600 UNRELATED 221000 2919 2919 POLE RENTAL 532000 2169 2169 -281104 -281104 -218416 41106281 41276963 2919 -173601 X 311056 63814 57174 17000 403781 4128428 PURCHASED POWER 24164710 MAINTENANCE 3886063 ADMINISTRATIVE EXPENSE 2826222 OPERATIONS 1738557 1099754 38696559 3679787 1140235 4144984 3140195 2047296 2699227 128081 130374 132572055 42843158 82376386 89728897 2634917 3303935 95011451 100142863 16310772 15290517 72849 4762564 7422128 5499867 23805749 25552948 X 0 0 541650 541650 70664052 74048265 71205702 74589915 95011451 100142863 X 2409722 -33576 1008067 X X 0 1 X 1 0 377265 377265 2087298 928959 1158339 130107492 41914199 88193293 89728897 CUSTOMER ADVANCES 5499867 5499867 X 41106281 0 41106281 0 41106281 38696559 0 38696559 0 38696559 PART X, LINE 2: THE REMC BELIEVES IT IS TAKING NO UNCERTAIN TAX POSITIONS. FORM 990, PART XI, LINE 9 TOTAL ADJUSTMENTS TO NET ASSETS INCLUDES AMOUNTS THAT ARE PART OF RETAINED EARNINGS IN THE CURRENT YEAR. THE TOTAL IS MADE UP OF COMPREHENSIVE INCOME OF - $2,995,084, PATRONAGE PAID TO MEMBERS OF -$1,985,507 AND CHANGE IN MEMBERSHIPS IN THE AMOUNT OF - $1,510. SEE SCHEDULE O FOR MORE DETAILS ON THESE EQUITY TRANSACTIONS. 1 PART I, LINE 2: COOP MAINTAINS SEPARATE ACCOUNTS ON THE GENERAL LEDGER FOR GRANT EXPENSE AND REVENUE 1 X X 0 0 0 TAMI PHILLIPS CEO 173683 0 0 0 0 0 0 0 40731 0 214414 0 0 0 STEVE HUNZINGER LINEMAN 119945 0 0 0 0 0 0 0 34746 0 154691 0 0 0 CASEY M FULK LINEMAN 121548 0 0 0 0 0 0 0 44654 0 166202 0 0 0 JEFF HIGGS LINEMAN 123156 0 0 0 0 0 0 0 40205 0 163361 0 0 0 DIAN MOORE LINEMAN 131223 0 0 0 0 0 0 0 41297 0 172520 0 0 0 DOUG CASEY FOREMAN 123734 0 0 0 0 0 0 0 33784 0 157518 0 0 0 TAMI PHILLIPS BOARD MEMBER 461758 TAMI IS ON THE BOARD FOR UNITED UTILITY SUPPLY. THE COOPERATIVE PURCHASES TRANSFORMERS, WIRE, AND MISC. MATERIAL FROM UNITED UTILITY SUPPLY. 0 JUSTIN PARCEL BOARD MEMBER 347637 JUSTIN SITS AS A BOARD DIRECTOR FOR THE COOPERATIVE AND AS A BOARD DIRECTOR FOR THE ASSOCIATION OF ILLINOIS ELECTRIC COOPERATIVES. THE COOPERATIVE MAKES PAYMENTS TO THE ASSOCIATION OF ILLINOIS ELECTRIC COOPERATIVES FOR MEMBERSHIP DUES, TRAINING, AND OTHER SERVICES, 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF NORRIS ELECTRIC COOPERATIVE ALSO RECEIVE SERVICES FROM THE COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE COOPERATIVE ELECT THE MEMBERS OF THE BOARD ANNUALLY. BOARD MEMBERS HAVE STAGGERED TERMS AND ARE RE-ELECTED OVER A THREE YEAR CYCLE. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS TO BE MADE BY THE BOARD OF DIRECTORS MUST BE APPROVED BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF THE ORGANIZATION REVIEWS ALL BUSINESS MATTERS PRIOR TO FINAL SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THIS IS DISCUSSED AT EACH BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE ENTIRE BOARD USED A COMPENSATION STUDY OF OTHER MANAGER'S AND THE SIZE OF THEIR CO-OP. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE BY MAIL TO THE PUBLIC. THE CONFLICT OF INTEREST POLICY IS AVAILABLE BY REQUEST, AND FINANCIAL STATEMENTS ARE AVAILABLE ONLINE AND AT THE ANNUAL MEETING. FORM 990, PART IX, LINE 4 THE COOPERATIVE HAS SHOWN PATRONAGE RETIREMENTS PAID TO ITS MEMBERS IN THE OTHER CHANGES IN EQUITY SECTION OF THIS RETURN (SCHEDULE D, PART XI, LINE 8). THIS PRESENTATION IS CONSISTENT WITH THE PRESENTATION IN PRIOR RETURNS AS WELL AS WITH PROPER ACCOUNTING PROCEDURES FOR EQUITY TRANSACTIONS. THE COOPERATIVE HAS NOT SHOWN ANY AMOUNT OF PATRONAGE RETIREMENTS ON FORM 990, LINE 4 OF SECTION IX (STATEMENT OF FUNCTIONAL EXPENSES). THE REASON THAT LINE 4 OF SECTION IX DOES NOT INCLUDE ANY RETIREMENTS FROM PATRONAGE IS DUE TO THE FACT THAT NONE OF THE AMOUNTS THAT WERE RETIRED FROM THE PATRONAGE OF THE COOPERATIVE WERE OPERATING EXPENDITURES, BUT RATHER WERE MERELY A RETURN OF THE COOPERATIVES EQUITY. THE PRESENTATION SHOWN BY THE COOPERATIVE WAS DONE IN ORDER TO ADEQUATELY SUPPLY ALL NECESSARY INFORMATION TO THE SERVICE AS WELL AS ACCURATELY DISCLOSE THE ACTIVITY OF THE COOPERATIVE FOR THE YEAR. FORM 990, PART XI, LINE 9: PATRONAGE PAID TO MEMBERS -1,985,507. OTHER COMPREHENSIVE INCOME 2,995,084. CHANGE IN MEMBERSHIPS -1,510. FORM 990, PART XIII, LINE 2C THERE HAS BEEN NO CHANGE FROM PRIOR YEAR.