2020-07-06T14:12:56-05:00 2019-12-31 810386935 SUMMERS MCNEA & CO PC 80 25TH STREET WEST BILLINGS MT 591024662 990 2019-01-01 810225169 TONGUE RIVER ELECTRIC COOPERATIVE INC TONG 4067842341 PO BOX 138 ASHLAND MT 590030138 DEE DEE ISAACS PRESIDENT 4067842341 2020-06-09 1 BRIAN F VAN STEELAND P00481262 4066522320 2020-06-09 64.88.174.3 2020-06-09 08:31:56 MD P 6DA3F970829FF7912B9D03EDCF1BB9EDA804D97E 994985422365C6D7FD4C9D45548F13387034A55A 2019 2020-09-23 17:36:50Z TARY HANSON 2435 US HIGHWAY 212 ASHLAND MT 59003 13225737 0 X WWW.TONGUERIVERELECTRIC.COM X 1946 MT RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICITY AND SERVICES TO ITS MEMBERS LOCATED IN RURAL MONTANA 9 9 27 0 0 0 0 0 13066265 12881735 27559 18865 2177486 325137 15271310 13225737 0 0 659976 762316 690486 765880 0 0 0 11218395 11623359 12568857 13151555 2702453 74182 31103579 33104424 18842520 20769183 12261059 12335241 RURAL ELECTRIC COOPERATIVE PROVIDING ELECTRICAL ENERGY AND SERVICES TO ITS MEMBERS AND PATRONS LOCATED IN THE SOUTHEASTERN PORTION OF MONTANA. 0 0 RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL POWER AND UTILITIES SERVICES TO APPROXIMATELY 2,706 MEMBERS IN THE SOUTHEASTERN PORTION OF MONTANA. 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 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 23 0 1 27 1 0 0 0 0 0 13088450 343990 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 BRIAN C TORGERSON 4067842341 2435 US HIGHWAY 212 ASHLAND MT 59003 DEE DEE ISAACS PRESIDENT 11.88 X X 17563 0 0 JIM COLLINS VICE PRESIDENT 9.88 X X 9750 0 0 TODD TIBBETTS SECRETARY/TREASURER 3.31 X X 3875 0 0 DIANA MCLEAN NORTHERN CHEYENNE REPRESEN 2.21 X 3000 0 0 GARY P HELM DIRECTOR 4.46 X 7000 0 0 CRAIG RANDALL DIRECTOR 1.15 X 2250 0 0 RICHARD HAMILTON DIRECTOR 3.51 X 5500 0 0 ROBERT JANSSEN DIRECTOR 4.02 X 6425 0 0 CURTIS ELKSHOULDER JR DIRECTOR 0.62 X 750 0 0 MICHAEL SPEELMAN DIRECTOR 0.40 X 750 0 0 FOREST DUNNING DIRECTOR 2.77 X 4500 0 0 TARY HANSON GENERAL MANAGER 40.00 X 132352 0 63324 BRIAN TORGERSON CONTROLLER 40.00 X 83874 0 47127 277589 0 110451 1 0 1 0 OUTBACK POWER COMPANY PO BOX 725 HAVRE MT 59501 ELECTRICAL LINE CONTRACTOR 443177 1 UTILITIES & SERVICES 221000 12881735 12881735 12881735 18865 18865 12 0 12 12 12 PATRONAGE CAPITAL CREDITS 221000 308086 308086 MERCHANDISING 221000 17039 17039 325125 13225737 13225725 0 12 X 762316 388040 211501 166339 8394 10500 989 8951 74876 49303 665453 1099152 3041 COST OF POWER 6497817 DISTRIBUTION OPERATIONS 1581851 DISTRIBUTION MAINTENANC 751493 CONSUMER ACCOUNTS 273174 598365 13151555 161325 131635 341936 128206 980131 984926 541466 572977 -3018 18618 46623543 18318877 26134321 28304666 1929834 2167171 1017584 796225 31103579 33104424 899633 760701 17198646 17094192 744241 2914290 18842520 20769183 X 27508 27398 201026 237655 12032525 12070188 12261059 12335241 31103579 33104424 74182 0 X X 0 1 X 1 0 211626 211626 1007781 650904 356877 4806996 2684796 2122200 40597140 14983177 25613963 28304666 PATRONAGE CAPITAL ASSOC ORGANIZATIONS 1838052 C CFC CAPITAL TERM CERTIFICATES 317969 C OTHER INVESTMENTS ASSOC ORGANIZATIONS 11150 C 2167171 ACCRUED PROPERTY TAXES 163518 ACCRUED INTEREST 107169 CAPITAL CREDITS PAYABLE -22896 CONSUMER PREPAYMENTS 157135 CONSUMER DEPOSITS 174264 ACCRUED VACATION, PAYROLL TAXES, ETC 104774 EDUCATION ROUND UP 3975 TRANSMISSION LINE DEPOSITS 2226351 2914290 X 13432452 206715 206715 13225737 0 13225737 12389239 0 12389239 762316 762316 13151555 PART X, LINE 2: THERE ARE NO UNCERTAIN TAX POSITION EXISTING AT DECEMBER 31, 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: CONTRIBUTION IN AID OF CONSTRUCTION RECEIVED FROM MEMBERS FOR PLANT CONSTRUCTION PART XII, LINE 4B - OTHER ADJUSTMENTS: BENEFITS PAID TO MEMBERS- CAPITAL CREDITS RETIREMENTS PART VI LINE 1E-OTHER PROPERTY PART VI-LINE 1E-OTHER PROPERTY-INCLUDES TRANSMISSION AND DISTRIBUTION PLANT OF POLES, WIRE, TRANSFORMERS, METERS AND STATION EQUIPMENT TOTALING $36,960,911; CONSTRUCTION WORK IN PROGRESS TOTALING $3,636,229. 1 X X 0 0 0 TARY HANSON GENERAL MANAGER 132352 0 0 0 0 0 40723 0 22601 0 195676 0 0 0 DEE DEE ISAACS - FRED'S HARDWARE AN BUSINESS OWNED BY MEMBER OF BOARD OF DIRECTORS 7612 PURCHASE OF SUPPLIES AND TIRE REPAIRS 0 FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE HAS 2,706 VOTING MEMBERS AT DECEMBER 31, 2019. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THREE BOARD OF DIRECTORS TO SERVE A THREE YEAR TERM AT THE COOPERATIVE ANNUAL MEETING HELD IN JULY OF EACH YEAR. FORM 990, PART VI, SECTION A, LINE 7B ALL BYLAW CHANGES RECOMMENDED BY THE BOARD OF DIRECTORS ARE APPROVED AND RATIFIED BY THE MAJORITY OF MEMBERSHIP AT THE COOPERATIVE ANNUAL MEETING FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY THE OFFICE MANAGER, GENERAL MANAGER, AND THE BOARD PRESIDENT PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD OF DIRECTORS ANNUALLY DISCLOSE TO THE BOARD ANY SITUATION OR TRANSACTION IN WHICH THE DIRECTOR IS INVOLVED WHICH VIOLATES OR COULD APPEAR TO VIOLATE THE INTENT OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 MONTANA STATEWIDE ORGANIZATION -MONTANA ELECTRIC COOPERATIVE ASSOCIATION (MECA) AND THE NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION (NRECA) PERFORMS AN ANNUAL SALARY SURVEY BY JOB CLASSIFICATION. THE BOARD OF DIRECTORS MAKES USE OF THESE SALARY SURVEYS FROM NRECA AND MECA TO DETERMINE THE SALARY GUIDELINES FOR THE GENERAL MANAGER SALARY. MANAGEMENT USES THESE SALARY SURVEYS AND THE EMPLOYMENT COST INDEX TO DETERMINE THE RANGE OF SALARIES FOR THE COOPERATIVE'S LINEMAN AND ADMINISTRATIVE PERSONNEL. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL REPORTS - CFC FORM 7 AND FORM 990 ARE AVAILABLE UPON REQUEST AT THE COOPERATIVE HEADQUARTER OFFICE LOCATED IN ASHLAND, MONTANA. PART IX, LINE 4 THIS LINE REPRESENTS CAPITAL CREDITS PAID TO MEMBERS DURING THE YEAR. IT IS THE TOTAL OF THE GENERAL RETIREMENT AND THE ESTATES PAID OUT. PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PART XII, LINE 2 B THE COOPERATIVE HAS AN ANNUAL AUDIT COMPLETED. THE COOPERATIVE AUDIT YEAR END IS AUGUST 31. THE COOPERATIVE'S 990 TAX RETURN IS FILED ON A CALENDAR YEAR. THE CFC FORM 7 REPORT FOR DECEMBER 31 IS UTILIZED FOR THE TAX RETURN.