2020-09-24T08:42:33-05:00 2019-12-31 450250958 EIDE BAILLY LLP 200 E 10TH ST STE 500 SIOUX FALLS SD 571046375 990 2019-01-01 410128105 CONNEXUS ENERGY CONN 7633232600 14601 RAMSEY BOULEVARD RAMSEY MN 55303 MICHAEL BASH VICE PRESIDENT/CFO 7633232600 2020-09-21 1 LAURIE HANSON P00851848 6053391999 2020-09-21 184.83.199.194 2020-09-21 10:26:53 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 50CCFF325394DF76E401CCE6D67578A0FB45D135 2019 2021-04-22 16:20:28Z GREG RIDDERBUSCH 14601 RAMSEY BOULEVARD RAMSEY MN 55303 246821119 0 X WWW.CONNEXUSENERGY.COM X 1937 MN PROVIDING UTILITY SERVICES TO MEMBERS. 8 8 236 0 0 0 0 0 279772091 245315792 394446 975004 377018 495177 280543555 246785973 390504 467990 21662266 12941005 24331515 25892079 0 0 0 234159270 207484899 280543555 246785973 0 0 443862647 453628669 243799881 249621278 200062766 204007391 CONNEXUS ENERGY SERVES OUR MEMBERSHIP BY PROVIDING COST COMPETITIVE, RELIABLE ELECTRICITY AND RELATED SERVICES, WITH AN ENVIRONMENTAL COMMITMENT, AFFIRMING THE VALUE OF MEMBER COOPERATIVE OWNERSHIP. 0 0 CONNEXUS ENERGY PROVIDED UTILITY SERVICES TO APPROXIMATELY 136,000 MEMBERS IN SEVEN COUNTIES IN THE NORTH SUBURBAN AREA OF MINNEAPOLIS AND ST. PAUL, MN. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 187 0 1 236 1 0 0 0 0 0 243316383 11619588 0 0 0 X 8 8 1 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 1 0 X NANCY BASARA 7633232731 14601 RAMSEY BOULEVARD RAMSEY MN 55303 X GREG RIDDERBUSCH PRESIDENT/CEO 55.00 0.10 X 700733 0 51144 MICHAEL BASH VP,CFO 45.00 0.10 X 517957 0 112124 MATT YSETH VP, ELECTRIC OPERATIONS 47.00 X 305198 0 80544 PETER MILLER VP, HUMAN RESOURCES 50.00 X 284579 0 75496 DON HALLER VP, MEMBER SERVICES 50.00 0.10 X 251125 0 73825 BRIAN BURANDT VP, POWER SUPPLY AND BUS. 50.00 X 266496 0 53619 MARK KOPLIN VP, TECHNOLOGY 45.00 X 221374 0 43768 NANCY BASARA CONTROLLER 45.00 X 205111 0 57303 DUSTIN JUDE CREW LEADER 58.00 X 189077 0 48512 NICK LOEHLEIN MANAGER ENGINEERING & SYSTEM OPS 45.00 X 179171 0 53855 TOM GUTTORMSON PRINCIPAL TECHNOLOGY ENGINEER 50.00 X 168193 0 57795 GREG GROENJES MANAGER - CONSTRUCTION & MAINT. 45.00 X 177476 0 25907 FRAN BATOR CHAIR 23.00 X X 51534 0 0 PETER WOJCIECHOWSKI ASST. SECRETARY/TREASURER 16.00 X X 46601 0 0 DONALD HOLL DIRECTOR 13.00 X 46581 0 0 MICHAEL CADY DIRECTOR 10.00 X 46581 0 0 SHELLY PETERSON DIRECTOR 16.00 X 46581 0 0 KENNETH FIERECK DIRECTOR 16.00 X 28581 0 18000 GORDON WESTERLIND SECRETARY/TREASURER 15.00 X X 27801 0 19000 MARK ETHEN VICE CHAIR 14.00 X X 27581 0 19000 3788331 0 789892 99 0 1 0 ASPLUNDH TREE EXPERTS LLC 708 BLAIR MILL ROAD WILLOW GROVE PA 190901784 TREE TRIMMING SERVICES 2244875 RP SCHROEDER CONSTRUCTION 18329 263RD AVE BIG LAKE MN 55309 CONSTRUCTION SERVICES 2016043 WRIGHT TREE SERVICEINC PO BOX 1718 DES MOINES IA 50306 TREE TRIMMING SERVICES 1331017 NEXTERA ENERGY CAPITAL HOLDINGS DBA GOPH 700 UNIVERSE BLVD JUNO BEACH FL 33408 ENERGY STORAGE SERVICES 980483 MICHELS CORPORATION 14450 NORTHDALE BLVD ROGERS MN 55374 CONSTRUCTION SERVICES 814397 25 SALE OF ELECTRICITY 221000 238090038 238090038 ALLOC. OF GREAT RIVER 221000 5110513 5110513 UTILITY SERVICES REV 221000 1079942 1079942 OTHER 221000 1035299 1035299 245315792 373135 373135 343148 0 343148 343148 343148 637015 35146 601869 601869 601869 EQUITY EARNINGS-FED AC 900099 152029 152029 152029 246785973 245467821 0 1318152 X 467990 12941005 3213175 16747059 2196384 2348758 1386703 128311 78495 1631119 999727 1227150 2713565 899613 319418 53244 6911706 12405270 552991 COST OF POWER 168776446 ELECTRIC OPERATIONS 5710076 PROPERTY TAXES 3952133 FLEET/VEHICLE EXPENSE 400763 724872 246785973 4374 2370 28961784 30057719 3576446 4087516 1603559 2265022 393401664 148627247 241365719 244774417 9582072 9370562 146366125 148834542 941 941 12401627 14235580 443862647 453628669 20321839 21935963 164548455 163795563 8685197 12006753 50244390 51882999 243799881 249621278 X 0 0 0 0 200062766 204007391 200062766 204007391 443862647 453628669 X 0 3944625 X 0 1 X 1 0 2317228 2317228 14647623 7149109 7498514 372144162 141478138 230666024 4292651 4292651 244774417 INVESTMENTS IN ASSOCIATED ORGANIZATIONS 148834542 C 148834542 DEFERRED CREDITS 179332 PAYABLE TO GREAT RIVER ENERGY 25401037 OTHER LIABILITIES 1960619 DEFERRED COMPENSATION 2703212 MEMBER DEPOSITS 1646529 LEASE LIABILITY 19992270 51882999 X 246785973 0 246785973 0 246785973 233844968 0 233844968 12941005 12941005 246785973 PART X, LINE 2: THE COOPERATIVE EVALUATES ITS INCOME TAX POSITIONS ON AN ANNUAL BASIS. MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2019 AND 2018 THAT MEET THE CRITERIA FOR RECOGNITION IN THE FINANCIAL STATEMENTS. THE COOPERATIVE WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATION OF 2019 MARGINS TO MEMBERS IN 2020 12,941,005. 1 ANOKA TECHNICAL COLLEGE FOUNDATION 1355 WEST HWY 10 ANOKA MN 55303 416008267 501(C)(3) 34500 VARIOUS PROGRAMS UNIVERSITY OF MN FOUNDATION 200 OAK STREET SE SUITE 500 MINNEAPOLIS MN 55455 416042488 501(C)(3) 25000 POLLINATOR RESEARCH MERCYUNITY HOSPITAL FOUNDATION 550 OSBORNE RD FRIDLEY MN 55432 363261413 501(C)(3) 10282 DONATION/SPONSORSHIP GREATER TWIN CITIES UNITED WAY 404 S 8TH STREET MINNEAPOLIS MN 55404 411973442 501(C)(3) 22334 MATCH EMPLOYEE CONTRIBUTIONS ANOKA COUNTY DEPARTMENT OF PARKS AND RECREATION 550 BUNKER LAKE BLVD ANDOVER MN 55304 416005752 GOVENMENTAL 32500 BUNKER BEACH SPONSORSHIP AND WILDLIFE OUTREACH/HERITAGE LAB ALEXANDRA HOUSE PO BOX 49030 BLAINE MN 55449 411309977 501(C)(3) 11100 GENERAL DONATION SALVATION ARMY HEATSHARE 2445 PRIOR AVE ROSEVILLE MN 55113 410698597 501(C)(3) 10000 GENERAL DONATION TREE TRUST 2231 EDGEWOOD AVE S ST LOUIS PARK MN 55426 411291626 501(C)(3) 10000 GENERAL DONATION HOPE 4 YOUTH 2665 4TH AVE N 40 ANOKA MN 55303 461626500 501(C)(3) 9300 GENERAL DONATION NATIONAL SPORTS CENTER 1700 105TH AVE NE BLAINE MN 55449 411646516 501(C)(3) 25000 OTHER IN-KIND ELECTRICITY GENERAL DONATION AMERICAN RED CROSS 13500 SOUTH POINT SUITE L CHARLOTTE NC 28273 530196605 501(C)(3) 10000 GENERAL DONATION ANOKA COUNTY HISTORICAL SOCIETY 2135 3RD AVE N ANOKA MN 55303 411375036 501(C)(3) 10000 TPT VIDEO PROJECT ANOKA HENNEPIN EDUCATION FOUNDATION 11299 HANSON BLVD NW COON RAPIDS MN 55433 411691433 501(C)(3) 12220 NORTHERN STARS DONATION AND MIDDLE SCHOOL ENGAGEMENT THE CONNEXUS ENERGY FOUNDATION 14601 RAMSEY BLVD NW RAMSEY MN 55304 843918068 501(C)(3) 86406 GENERAL DONATION HOPE FOR THE COMMUNITY 1264 109TH AVE NE BLAINE MN 55434 463680832 501(C)(3) 10000 ANOKA TECH FOODSHELF MENTAL WELLNESS CAMPAIGN FOR ANOKA COUNTY 3300 4TH AVE N BUILDING 9 ANOKA MN 55303 300419791 501(C)(3) 6000 GENERAL DONATION 16 PART I, LINE 2: THE TOTAL AMOUNT OF CONTRIBUTIONS PLANNED FOR A YEAR IS APPROVED BY THE BOARD AS A PART OF OUR ANNUAL PROFIT PLANNING PROCESS. INDIVIDUAL CONTRIBUTIONS ARE APPROVED AND SUBSTANTIATED USING OUR NORMAL PAYMENT APPROVAL PROCESS. X X X X X 0 1 0 GREG RIDDERBUSCH PRESIDENT/CEO 440273 0 229550 0 30910 0 28000 0 23902 0 752635 0 0 0 MICHAEL BASH VP,CFO 307950 0 59971 0 150036 0 83889 0 28766 0 630612 0 142238 0 MATT YSETH VP, ELECTRIC OPERATIONS 250164 0 47947 0 7087 0 58355 0 22623 0 386176 0 0 0 PETER MILLER VP, HUMAN RESOURCES 235091 0 45518 0 3970 0 52842 0 23061 0 360482 0 0 0 DON HALLER VP, MEMBER SERVICES 209098 0 40664 0 1363 0 49198 0 24985 0 325308 0 0 0 BRIAN BURANDT VP, POWER SUPPLY AND BUS. 197187 0 68164 0 1145 0 27452 0 26514 0 320462 0 0 0 MARK KOPLIN VP, TECHNOLOGY 195450 0 24515 0 1409 0 22017 0 22093 0 265484 0 0 0 NANCY BASARA CONTROLLER 179095 0 24522 0 1494 0 35249 0 22363 0 262723 0 0 0 DUSTIN JUDE CREW LEADER 173908 0 11566 0 3603 0 25016 0 23676 0 237769 0 0 0 NICK LOEHLEIN MANAGER ENGINEERING & SYSTEM OPS 156379 0 21100 0 1692 0 27263 0 26879 0 233313 0 0 0 TOM GUTTORMSON PRINCIPAL TECHNOLOGY ENGINEER 138279 0 27416 0 2498 0 33003 0 25033 0 226229 0 0 0 GREG GROENJES MANAGER - CONSTRUCTION & MAINT. 154647 0 20465 0 2364 0 16679 0 9492 0 203647 0 0 0 PART I, LINE 4B THE FOLLOWING OFFICER OR HIGHEST COMPENSATED INDIVIDUAL PARTICIPATED IN A NON-QUALIFIED DEFERRED COMPENSATION PLAN: MICHAEL BASH - $142,238 DISTRIBUTION WAS MADE IN 2019. THE DEFERRED COMPENSATION PLAN BALANCES ARE PAYABLE ON DEMAND, IN FULL, BUT THE BALANCES ARE SUBJECT TO RISK OF FORFEITURE UNTIL FULLY DISTRIBUTED. FORM 990, PART VI, SECTION A, LINE 2 MATT YSETH, DONALD HALLER, GREG RIDDERBUSCH, AND MICHAEL BASH ARE ALL OFFICERS OF CONNEXUS ENERGY AND BOARD MEMBERS OF CONNEXUS BLOCKER (A CONTROLLED SUBSIDIARY OF CONNEXUS ENERGY). DON HOLL AND FRAN BATOR ARE BOTH DIRECTORS OF CONNEXUS ENERGY AND GREAT RIVER ENERGY. FORM 990, PART VI, SECTION A, LINE 6 CUSTOMERS WHO PURCHASE ELECTRICITY FROM THE ORGANIZATION ARE MEMBERS OF THE COOPERATIVE. THERE IS ONLY ONE MEMBER CLASS. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER HAS ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS MAY SELL THE PROPERTY OF THE COOPERATIVE UPON SUCH TERMS AND CONDITIONS AS IT DEEMS APPROPRIATE AND IN THE BEST INTEREST OF THE COOPERATIVE. NO SALE OF MORE THAN TWENTY-FIVE (25%) PERCENT OF THE PROPERTY OF THE COOPERATIVE SHALL BE EFFECTIVE, HOWEVER, UNLESS AUTHORIZED AT A REGULAR OR SPECIAL MEETING BY THE AFFIRMATIVE VOTE OF TWO-THIRDS (2/3) OF THE TOTAL NUMBER OF MEMBERS OF THE COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES ARE AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 INFORMATION RETURN IS DELIVERED TO BOARD MEMBERS A WEEK BEFORE THE BOARD MEETING. IT IS REVIEWED WITH THE ENTIRE BOARD OF DIRECTORS AND SENIOR STAFF AT THE BOARD MEETING, PRIOR TO ISSUANCE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ARE COVERED BY THE CONFLICT OF INTEREST POLICY. ANNUALLY, BOARD MEMBERS SIGN A CERTIFICATION STATEMENT THAT THEY MEET THE QUALIFICATIONS OF A BOARD MEMBER. THIS CERTIFICATION INCLUDES CONFLICT OF INTEREST LANGUAGE. IF A BOARD MEMBER STATES ON THE CERTIFICATION THAT THERE IS A CONFLICT, THE ENTIRE BOARD WILL REVIEW THE CONFLICT AT THAT TIME. RESTRICTIONS IMPOSED ON A PERSON WITH A CONFLICT WOULD BE DEPENDENT UPON THE SPECIFIC SITUATION, AND MAY INCLUDE ABSTAINING FROM DISCUSSIONS AND VOTING AND/OR A REQUEST FOR RESIGNATION. ALL EMPLOYEES OF THE COOPERATIVE (INCLUDING OFFICERS) ARE GOVERNED BY A BUSINESS CONDUCT AND ETHICS POLICY WHICH INCLUDES CONFLICT OF INTEREST LANGUAGE. POSSIBLE VIOLATIONS ARE REPORTED TO MANAGEMENT FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS BASED ON MARKET DATA FOR SIMILAR POSITIONS AT COMPARABLE COMPANIES. A MARKET STUDY WAS COMPLETED IN 2017 FOR THE CEO AND FOR OTHER COOPERATIVE OFFICERS. THE BOARD REVIEWS AND APPROVES THE COMPENSATION FOR THE CEO ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS FOR THE PREVIOUS 5 YEARS ARE AVAILABLE ON OUR WEBSITE. ALL OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VII, COLUMN F, OTHER COMPENSATION INCLUDED IN OTHER COMPENSATION IS THE ESTIMATED CURRENT YEAR INCREASE OR DECREASE IN THE VALUE OF THE DEFINED BENEFIT PLAN FOR THE EMPLOYEES OF THE COOPERATIVE WHO ARE COVERED BY THE PENSION PLAN. FORM 990, PART IX, LINE 4, BENEFITS PAID TO OR FOR MEMBERS: THE COOPERATIVE HAS INTERPRETED THE INSTRUCTIONS TO PART IX, LINE 4, TO MEAN PATRONAGE CAPITAL ALLOCATED FOR THE YEAR, RATHER THAN PATRONAGE CAPITAL RETIRED. THIS IS CONSISTENT WITH THE BY-LAWS OF THE COOPERATIVE. FORM 990, PART XI, LINE 9: CAPITAL CREDITS RETIRED -8,996,380. ALLOCATION OF 2019 MARGINS TO MEMBERS IN 2020 12,941,005. THE CONNEXUS ENERGY FOUNDATION 14601 RAMSEY BLVD RAMSEY MN 55303 843918068 GRANT MAKING MN 501(C)(3) PF CONNEXUS ENERGY 1 CONNEXUS COMMUNITY SOLAR 1 LLC 14601 RAMSEY BLVD RAMSEY MN 55303 352505435 SOLAR ENERGY INVESTMENT MN N/A CONNEXUS BLOCKER LLC 14601 RAMSEY BLVD RAMSEY MN 55303 465423665 HOLDING COMPANY FOR SOLAR ENERGY INVESTMENTS. MN CONNEXUS ENERGY C -7150 26280 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 THE CONNEXUS ENERGY FOUNDATION B 86406 CASH