2019-05-03T09:14:03-05:00 2018-12-31 810386935 SUMMERS MCNEA & CO PC 80 25TH STREET WEST BILLINGS MT 591024662 990 2018-01-01 810111221 BIG HORN COUNTY ELECTRIC COOPERATIVEINC BIGH 4066652830 PO BOX 410 HARDIN MT 590340410 BRETT NEDENS PRESIDENT 4066652830 2019-04-30 1 BRIAN F VAN STEELAND P00481262 4066522320 2019-04-22 69.144.166.106 2019-04-30 10:11:10 MD P 6DA3F970829FF7912B9D03EDCF1BB9EDA804D97E 6DA3F970829FF7912B9D03EDCF1BB9EDA804D97E 2018 2019-02-21 02:37:17Z DEREK SORLEY 303 S MITCHELL HARDIN MT 59034 7606453 0 X WWW.BHCEC.COM X 1939 MT RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICITY AND SERVICES TO ITS MEMBERS LOCATED IN RURAL MONTANA. 9 9 22 0 0 0 0 0 7698752 7532241 13439 19118 39920 55094 7752111 7606453 0 0 307843 344315 354112 412278 0 0 0 6398352 6648235 7060307 7404828 691804 201625 16102585 16684573 8983432 9363795 7119153 7320778 RURAL ELECTRIC COOPERATIVE ESTABLISHED TO PROVIDE ELECTRICAL POWER AND SERVICES TO ITS MEMBERS LOCATED IN THE SOUTH EASTERN PORTION OF MONTANA. 0 0 6418921 RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL POWER AND UTILITIES SERVICES TO APPROXIMATELY 2,346 MEMBERS. 6418921 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 30 0 1 22 1 0 0 0 0 0 7699762 604822 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 X DEREK SORLEY 4066652830 303 S MITCHELL HARDIN MT 59034 EDWARD WATT SECRETARY-TREASURER 1.00 X X 2300 0 0 LILA TAYLOR VICE PRESIDENT 1.00 X X 10584 0 0 BRETT NEDENS PRESIDENT 1.00 X X 11844 0 0 SHIRLEY SNIVELY DIRECTOR 1.00 X 1600 0 0 RAMONA HOWE DIRECTOR 1.00 X 10384 0 0 JOHN MEHLING DIRECTOR 1.00 X 10484 0 0 DENNIS DAVIS DIRECTOR 1.00 X 10384 0 0 LAMONT HERMAN DIRECTOR 1.00 X 10184 0 0 HALE C JEFFERS DIRECTOR 1.00 X 10084 0 0 REED METZGER GENERAL MANAGER (PART YEAR) 40.00 X 80290 0 30773 EDWARD RATTERMAN GENERAL MANAGER (PART YEAR) 40.00 X 51536 0 16738 ASHLEY GIETZEN CONTROLLER 40.00 X 56987 0 24815 266661 0 72326 0 0 0 0 RED ROCK POWER INC PO BOX 725 HAVRE MT 59501 CONTRACTOR 567754 1 REVENUES FROM MEMBERS 221000 7532241 7532241 7532241 19118 19118 15122 0 15122 15122 15122 PATRONAGE CAPITAL 221000 39972 39972 39972 7606453 7591331 0 15122 344315 344315 338987 338987 73291 73291 37300 37300 10000 10000 987 987 21619 21619 3972 3972 151468 151468 41016 41016 281546 281448 98 962161 874701 87460 2471 2471 PURCHASED POWER 2770838 2770838 DISTRIBUTION MAINTENANC 776454 776454 DISTRIBUTION OPERATIONS 767894 767894 PROPERTY TAXES 230705 220317 10388 589804 382954 206850 7404828 6418921 985907 0 384980 520122 439826 447056 650789 606062 255018 266760 33711 34227 29934664 15948905 13403517 13985759 482834 502993 451910 321594 16102585 16684573 369023 385241 7044663 6590111 1569746 2388443 8983432 9363795 X 0 0 215983 227147 6903170 7093631 7119153 7320778 16102585 16684573 201625 0 X X 0 1 X 1 0 71972 71972 640120 547943 92177 2288185 1791315 496870 26934387 13609647 13324740 13985759 CONSUMER DEPOSITS 260619 ACCRUED PROPERTY TAXES 111651 ACCRUED PAYROLL TAXES -949 ACCRUED INTEREST 13494 UNCLAIMED CAPITAL CREDITS 184872 ACCRUED VACATION & BENEFITS 163412 LINE OF CREDIT 1655344 2388443 X 8319706 713253 713253 7606453 0 7606453 7060513 0 7060513 344315 344315 7404828 PART X, LINE 2: THERE ARE NO UNCERTAIN TAX POSITION EXISTING AT DECEMBER 31, 2018. 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 CREDIT RETIREMENTS SCHEDULE D PART VI LINE 1E-OTHER PROPERTY PART VI-LINE 1E- OTHER PROPERTY- DISTRIBUTION PLANT INCLUDING STATION EQUIPMENT, POLES, WIRES AND METERS TOTALING $23,144,638; TRANSMISSION PLANT $3,380,591 AND CONSTRUCTION WORK IN PROGRESS TOTALING $409,158. 1 X X 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE HAS 2,346 VOTING MEMBERS AT DECEMBER 31, 2018. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP ELECTS THREE BOARD OF DIRECTORS TO SERVE A THREE YEAR TERM AT THE COOPERATIVE ANNUAL MEETING HELD IN MARCH OF EACH YEAR. FORM 990, PART VI, SECTION A, LINE 7B ALL BYLAW CHANGES RECOMMENDED BY THE BOARD OF DIRECTORS ARE APPROVED AN RATIFIED BY THE MEMBERSHIP AT THE COOPERATIVE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE GENERAL MANAGER, THE BOARD PRESIDENT AND SECRETARY/TREASURER PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES MUST DISCLOSE TO THE BOARD OF DIRECTORS ANY SITUATION OR TRANSACTION ON WHICH THE TRUSTEE IS INVOLVED WHICH VIOLATES, OR COULD APPEAR TO VIOLATE THE INTENT OF THE CONFLICT OF INTEREST POLICY. THE BOARD WILL THEN DETERMINE WHAT ACTION, IF ANY, SHOULD BE TAKEN. EACH TRUSTEES IS RESPONSIBLE FOR ENSURING THAT HIS OR HER ACTIONS AND BEHAVIOR ARE IN ACCORDANCE WITH THIS POLICY. THE BOARD PRESIDENT SHALL BE RESPONSIBLE FOR ENSURING THAT ALL TRUSTEES ADHERE TO THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COOPERATIVE LINEMEN SALARIES ARE ESTABLISHED BY A SIGNED COLLECTIVELY BARGAINED UNION CONTRACT. THE BOARD OF DIRECTORS USES OUTSIDE STUDIES AND GUIDELINES USED BY OTHER MONTANA RURAL ELECTRIC COOPERATIVES IN ESTABLISHING THE SALARIES OF THE NON-UNION EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL REPORTS - RUS FORM 7 AND FORM 990 ARE AVAILABLE UPON REQUEST AT THE COOPERATIVE HEADQUARTERS OFFICE LOCATED IN HARDIN, MONTANA. ALSO ANNUAL FINANCIAL STATEMENTS ARE PROVIDED TO ALL MEMBERS IN FEBRUARY THROUGH FIRST CLASS MAIL ATTACHED TO THE ANNUAL MEETING NOTICE. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.