2019-11-12T14:21:44-06:00 2018-12-31 910189318 MOSS ADAMS LLP 601 W RIVERSIDE AVENUE STE 1800 SPOKANE WA 99201 990 2018-01-01 480493444 PIONEER ELECTRIC COOPERATIVE INC PION 6203564111 1850 W OKLAHOMA ULYSSES KS 67880 STEPHEN J EPPERSON CEO 6203564111 2019-11-01 1 EMINA O CRESSWELL CPA P01217304 5097472600 2019-11-01 76.28.155.2 2019-11-01 18:55:19 PD P 54300D01E4C6726F708DBE3B2D0113FDC818E473 92E4E1887166A1A95AEA2354EF277E907B8DEB06 2018 2020-04-17 16:48:07Z STEPHEN J EPPERSON 1850 W OKLAHOMA ULYSSES KS 67880 84192018 0 X WWW.PIONEERELECTRIC.COOP X 1944 KS SALE OF ELECTRICITY TO MEMBERS 9 0 75 0 3177581 0 0 0 84575057 79907509 1012932 917776 2162767 3317297 87750756 84142582 68110 79409 0 9527910 9902313 8486695 0 0 0 65873483 66048568 75843906 84142582 11906850 0 253008380 259362834 86457940 84676644 166550440 174686190 SALE OF ELECTRICITY TO MEMBERS 0 0 DISTRIBUTED ELECTRICITY TO APPROXIMATELY 17,000 RETAIL ELECTRIC METERS OF PIONEER ELECTRIC COOPERATIVE AND APPROXIMATELY 17,000 RETAIL ELECTRIC METERS WHO ARE SERVED THROUGH SOUTHERN PIONEER ELECTRIC COMPANY, A WHOLLY OWNED SUBSIDIARY. 0 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 380 0 1 75 1 1 1 0 0 0 0 79924671 1067797 0 0 0 X 9 0 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X CHANTRY C SCOTT 6203564111 1850 W OKLAHOMA ULYSSES KS 67880 MELVIN WINGER PRESIDENT 1.00 0.50 X X 27330 0 0 ALFRED ALEXANDER VICE PRESIDENT 2.00 0.70 X X 23743 0 0 PERRY RUBART SECRETARY/TREASURER 3.00 0.50 X X 31350 0 0 JOHN JURY ASSISTANT SECRETARY/TREASURER 2.00 0.70 X X 23059 0 0 CHARLES MILBURN TRUSTEE 2.00 0.90 X 23654 0 0 FRED CLAASSEN TRUSTEE 5.00 2.00 X 34918 0 0 JAMES BELL TRUSTEE 7.00 3.00 X 40748 0 0 MARTIE FLOYD TRUSTEE 2.00 0.70 X 23759 0 0 MIKE BREWER TRUSTEE 5.00 2.00 X 32838 0 0 STEPHEN EPPERSON CEO 24.20 17.20 X 430697 0 222430 CHANTRY SCOTT CFO 19.60 21.50 X 196345 0 96332 ANITA WENDT VP OF ENERGY SERVICES 31.70 10.80 X 157473 0 78198 GEORGE BUSHNELL VP OF OPERATIONS & ENGINEERING 21.00 20.40 X 196386 0 99651 LINDSAY CAMPBELL EXECUTIVE VP & GENERAL COUNSEL 27.70 18.40 X 239677 0 82948 RANDALL MAGNISON EXECUTIVE VP & ASSISTANT CEO 21.70 24.10 X 275356 0 156625 CLINTON MEIER OPERATIONS & ENGINEERING MANAGER 10.60 39.10 X 142189 0 80804 MICHAEL HANEY OPERATIONS & ENGINEERING MANAGER 41.80 0.60 X 171809 0 48688 ROSS RILEY OPERATIONS SUPERVISOR 45.10 0.00 X 145249 0 100752 SHERRY EASTON ACCOUNTING MANAGER 24.00 21.40 X 150479 0 65501 NEAL MANGELS APPARATUS METERING COORDINATOR 38.10 7.60 X 126579 0 59809 2493638 0 1091738 24 0 1 0 J AND J POWERLINE CONTRACTOR INC PO BOX 861 DODGE CITY KS 67801 CONTRACT LINE LABOR 629161 NISC PO BOX 1147 MANDAN ND 58554 CONTRACT COMPUTER & SOFTWARE SUPPORT 379645 RUGGED ROOFING & CONSTRUCTION INC 8701 NORTH CLASSEN BLVD SUITE E OKLAHOMA CITY OK 73114 CONTRACT ROOFERS 202754 OSMOSE UTILITIES SERVICES INC PO BOX 117284 ATLANTA GA 30368 CONTRACT POLE TESTING 192752 GBS ENTERPRISES LLC 6926 E SUMMERSIDE CT BEL AIRE KS 67226 CONTRACT BUILDING CONSTRUCTION 107233 6 SALES OF ELETRICITY 221000 76627472 76627472 CAPITAL CREDITS 900099 3206496 3206496 SERVICE REVENUE 900099 43665 43665 POLE RENTAL INCOME 900099 29876 29876 79907509 895690 9451 886239 23630 1544 22086 22086 22086 47038 47892 -854 -854 MANAGEMENT FEES 900099 3168130 3168130 150021 150021 3318151 84142582 79877633 3177581 1087368 32162 47247 9527910 1365468 4090527 1303746 1313853 413101 34648 46782 67156 221808 90523 344706 43511 4002171 5148360 PURCHASED POWER 54179536 ADMIN & GENERAL EXPENSE 1867867 POLITICAL CONTRIBUTIONS 1500 84142582 1339519 2008249 7739846 7159959 0 14893 0 4912147 1052438 1868364 5776026 5247686 161938014 40260127 125018825 121677887 112081726 116473649 253008380 259362834 15868717 7460234 70589223 76308078 0 908332 86457940 84676644 X 0 0 0 0 166550440 174686190 166550440 174686190 253008380 259362834 X 0 8135750 X 0 1 X 1 0 1500 0 1500 0 1500 1 JOE SEIWERT 1111 E BOUNDARY RD PRETTY PRAIRIE KS 67570 800200828 500 0 PART I-A, LINE 1: PIONEER MADE DONATIONS TO TWO POLITICAL CAMPAIGNS. 849744 849744 10493195 3299120 7194075 150593855 36960322 113633533 1220 685 535 121677887 INVEST IN ASSOC ORGS-NONGENERAL FUNDS 963831 C INVEST IN ASSOC ORGS-OTHER GENERAL FUNDS 1676400 C INVEST IN ASSOC ORGS-PATRONAGE CAP 77783843 C INVEST IN ECON DEV PROJECTS 733082 C INVESTMENT IN SUBSIDIARY 22726419 C NON-UTILITY PROPERTY 66833 C OTHER INVESTMENTS 1530791 C SPECIAL FUNDS 10992450 C 116473649 CUSTOMER DEPOSITS 908332 908332 X PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(12). THE STATE OF KANSAS RECOGNIZES THIS EXEMPTION FOR STATE INCOME TAX PURPOSES. TAX POSITIONS ARE RECOGNIZED IF IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE TAX POSITION WILL BE REALIZED OR SUSTAINED UPON EXAMINATION. THE TERM MORE LIKELY THAN NOT MEANS A LIKELIHOOD OF MORE THAN 50%; THE TERMS EXAMINED AND UPON EXAMINATION ALSO INCLUDE RESOLUTION OF THE RELATED APPEALS OR LITIGATION PROCESSES, IF ANY. A TAX POSITION THAT MEETS THE MORE LIKELY-THANNOT RECOGNITION THRESHOLD IS INITIALLY AND SUBSEQUENTLY MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE DETERMINATION OF WHETHER OR NOT A TAX POSITION HAS MET THE MORE-LIKELY THAN-NOT RECOGNITION THRESHOLD CONSIDERS THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE REPORTING DATE AND IS SUBJECT TO MANAGEMENT'S JUDGMENT. 1 COLLEGE SCHOLARSHIPS 20 20000 YOUTH TOURS 4 10048 COUNTY FAIRS - DONATIONS TO LIVESTOCK SALES 18 12877 SENIOR MEALS 500 2758 YOUTH DONATIONS 4 1564 PART I, LINE 2: SCHOLARSHIPS ARE PROVIDED FOR THE FIRST SEMESTER ONLY AND ARE PAID DIRECTLY TO THE STUDENTS' CHOICE OF COLLEGE OR SECONDARY EDUCATION. THERE ARE NO ADDITIONAL DOLLARS PROVIDED. YOUTH TOUR DOLLARS ARE PAID DIRECTLY TO THE YOUTH TOUR PROGRAM, NOT TO THE INDIVIDUAL. OTHER ASSISTANCE IS TYPICALLY A ONE-TIME OCCURRENCE AND OF A MINIMAL DOLLAR AMOUNT. X 1 1 X X 0 1 0 STEPHEN EPPERSON CEO 414166 0 2200 0 14331 0 197002 0 25428 0 653127 0 0 0 CHANTRY SCOTT CFO 189737 0 200 0 6408 0 72114 0 24218 0 292677 0 0 0 ANITA WENDT VP OF ENERGY SERVICES 154858 0 200 0 2415 0 60799 0 17399 0 235671 0 0 0 GEORGE BUSHNELL VP OF OPERATIONS & ENGINEERING 184654 0 200 0 11532 0 81867 0 17784 0 296037 0 0 0 LINDSAY CAMPBELL EXECUTIVE VP & GENERAL COUNSEL 232894 0 200 0 6583 0 74897 0 8051 0 322625 0 0 0 RANDALL MAGNISON EXECUTIVE VP & ASSISTANT CEO 249390 0 8700 0 17266 0 139787 0 16838 0 431981 0 0 0 CLINTON MEIER OPERATIONS & ENGINEERING MANAGER 139035 0 200 0 2954 0 58026 0 22778 0 222993 0 0 0 MICHAEL HANEY OPERATIONS & ENGINEERING MANAGER 164880 0 200 0 6729 0 24710 0 23978 0 220497 0 0 0 ROSS RILEY OPERATIONS SUPERVISOR 139655 0 200 0 5394 0 75574 0 25178 0 246001 0 0 0 SHERRY EASTON ACCOUNTING MANAGER 145159 0 200 0 5120 0 40083 0 25418 0 215980 0 0 0 NEAL MANGELS APPARATUS METERING COORDINATOR 125969 0 200 0 410 0 37031 0 22778 0 186388 0 0 0 PART I, LINE 1A COMPANION TRAVEL EXPENSES ARE PAID FOR ALL OFFICERS, TRUSTEES, AND KEY EMPLOYEES. THESE EXPENSES ARE ALL TREATED AS TAXABLE TO THE OFFICERS, TRUSTEES AND/OR KEY EMPLOYEES. PART I, LINE 4B IN 2018, S. EPPERSON AND L. CAMPBELL PARTICIPATED IN 457(F) PLANS AND ACCRUED AMOUNTS OF $42,950 AND $23,885, RESPECTIVELY. NO AMOUNTS WERE PAID TO THE EMPLOYEES IN 2018. STEVE EPPERSON OFFICER COMPUTER PURCHASE X 3057 1847 0 1 1 STEVE EPPERSON OFFICER COMPUTER PURCHASE X 1644 34 0 1 1 STEVE EPPERSON OFFICER COMPUTER PURCHASE X 3656 3656 0 1 1 RANDALL MAGNISON KEY EMPLOYEE COMPUTER PURCHASE X 1126 46 0 1 1 RANDALL MAGNISON KEY EMPLOYEE PAYROLL LAG TRANSITION LOAN X 6250 6250 0 1 1 CHANTRY SCOTT OFFICER PAYROLL LAG TRANSITION LOAN X 3000 3000 0 1 1 ANITA WENDT KEY EMPLOYEE FITNESS TRACKER PURCHASE X 486 60 0 1 1 14893 FORM 990, PART VI, SECTION A, LINE 1 ALL TRUSTEES RECEIVE TOTAL COMPENSATION EXCEEDING $10,000 DURING THE TAX YEAR. ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE INVOLVED IN TRANSACTIONS WITH A RELATED ORGANIZATION, DUE TO THEIR POSITION AS A DIRECTOR FOR SOUTHERN PIONEER COMPANY, A RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 2 ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES HAVE A BUSINESS RELATIONSHIP WITH OTHER TRUSTEES, OFFICERS AND KEY EMPLOYEES DUE TO THEIR POSITION EITHER AS A DIRECTOR, OFFICER OR KEY EMPLOYEE FOR SOUTHERN PIONEER COMPANY, A RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 PIONEER ELECTRIC COOPERATIVE, INC. IS A MEMBER OWNED COOPERATIVE. THE PRESIDENT OF THE BOARD OF TRUSTEES APPOINTS A NOMINATING COMMITTEE FORMED FROM PIONEER ELECTRIC'S MEMBER OWNERS. THE NOMINATING COMMITTEE PRESENTS THEIR NOMINATIONS FOR TRUSTEE POSITIONS TO THE MEMBER OWNERS AT THE ANNUAL MEETING. THE MEMBER OWNERS CAST THEIR BALLOTS TO ELECT THE BOARD OF TRUSTEES FOR A THREE YEAR TERM AT THE ANNUAL MEMBERSHIP MEETING. FORM 990, PART VI, SECTION A, LINE 7A PIONEER ELECTRIC COOPERATIVE, INC. IS A MEMBER OWNED COOPERATIVE. THE PRESIDENT OF THE BOARD OF RUSTEES APPOINTS A NOMINATING COMMITTEE FORMED FROM PIONEER ELECTRIC'S MEMBER OWNERS. THE NOMINATING COMMITTEE PRESENTS THEIR NOMINATIONS FOR TRUSTEE POSITIONS TO THE MEMBER OWNERS AT THE ANNUAL MEETING. THE MEMBER OWNERS CAST THEIR BALLOTS TO ELECT THE BOARD OF TRUSTEES FOR A THREE YEAR TERM AT THE ANNUAL MEMBERSHIP MEETING. IF THERE IS A VACANCY DURING A BOARD MEMBER'S TERM, THE REMAINING BOARD WILL ELECT A REPLACEMENT TRUSTEE FROM THE VACANT DISTRICT. THIS TRUSTEE WILL HOLD THE POSITION UNTIL THE NEXT ANNUAL MEETING. THE TRUSTEE WILL BE NOMINATED FOR ELECTION TO SERVE THE REMAINDER OF THE TERM. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING DECISIONS MUST BE APPROVED BY THE MEMBERS: 1) CHANGES TO THE BYLAWS 2) SALE OF A SIGNIFICANT PORTION OF ASSETS AND/OR LIQUIDATION 3) CHANGES TO THE ARTICLES OF INCORPORATION FORM 990, PART VI, SECTION B, LINE 11B MANAGER OF ACCOUNTING REVIEWS THE 990 ALONG WITH MEMBERS OF MANAGEMENT. THEN THE FORM 990 IS PROVIDED TO THE BOARD OF TRUSTEES FOR ANY DISCUSSION OR COMMENT. FORM 990, PART VI, SECTION B, LINE 12C PIONEER ELECTRIC COOPERATIVE, INC. REQUESTS THAT EACH TRUSTEE, OFFICER, KEY EMPLOYEE, AND THE 5 HIGHEST COMPENSATED EMPLOYEES COMPLETE A FORM 990 QUESTIONNAIRE ANNUALLY. CONFLICTS OF INTEREST CAN BE IDENTIFIED AS PART OF THIS QUESTIONNAIRE REVIEW. IF A CONFLICT ARISES, THE CONFLICT IS REPORTED TO THE CEO OR THE ETHICS OFFICER. THE POLICY ALLOWS THE ETHICS OFFICER TO DESIGNATE ANOTHER PERSON TO ANNUALLY REVIEW THE CONFLICT OF INTEREST DISCLOSURE FORMS. WHEN THERE IS A CONFLICT THE PERSON IS EXCUSED FROM THE MEETING. IF THERE IS A BIGGER VIOLATION THEN THEY MAY BE REMOVED FROM THE BOARD. CONFLICTS OF INTEREST ARE REPORTED TO THE BOARD PRESIDENT OR GENERAL COUNCIL IF THE PERSON IS THE BOARD PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES, IN ITS ENTIRETY, APPROVES THE CEO (OFFICER), EXECUTIVE VP-ASSISTANT CEO (KEY EMPLOYEE), AND EXECUTIVE VP / GENERAL COUNSEL'S (KEY EMPLOYEE) SALARY. THE NRECA COMPENSATION SURVEY IS USED TO PROVIDE COMPARABLE DATA. THE BOARD DISCUSSES THE SALARIES, AS PROPOSED, WITHOUT THE EMPLOYEES PRESENT. THE BOARD'S APPROVAL OF THE EMPLOYEE'S COMPENSATION IS RECORDED IN THE MINUTES OF THE MEETING. THE WAGES OF ALL OTHER EMPLOYEES, INCLUDING THE CFO, IS BASED UPON A REVIEW OF THE NRECA COMPENSATION SURVEY WITH APPROVAL BY THE CEO. THE BOARD OF TRUSTEES APPROVES THE OVERALL WAGE INCREASE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS OF PIONEER ELECTRIC COOPERATIVE, INC. ARE AVAILABLE UPON REQUEST AT THE COMPANY HEADQUARTERS AT 1850 WEST OKLAHOMA, ULYSSES, KANSAS, 67880, DURING NORMAL BUSINESS HOURS. FORM 990, PART XI, LINE 9: CAPITAL CREDIT RETIREMENT -4,009,801. INCOME IN EQUITY INVESTMENTS FROM SPEC 5,310,700. REFUNDS TO ESTATES -522,069. OCI - CHANGE IN DEFINED PENSION PLAN 23,078. GAIN ON RETIREMENT 419,171. UNCLAIMED PATRONAGE 554,891. INTERCOMPANY MANAGEMENT FEES -3,168,130. AMOUNT OF BENEFITS PAID TO MEMBERS PER 990 INSTRUCTIONS, INTERPRETED TO EQUAL NET MARGINS AS THAT IS THE EQUIVALENT OF THE BENEFITS MEMBERS RECEIVE IN THE CURRENT YEAR 9,527,910. PIONEER ELECTRIC AREA ROUNDUP INC 1850 W OKLAHOMA AVE ULYSSES KS 67880 200157161 BETTERING THE QUALITY OF LIFE OF AREA CITIZENS KS 501(C)(3) LINE 7 PEC 1 SOUTHERN PIONEER ELECTRIC COMPANY 1850 W OKLAHOMA ULYSSES KS 67880 203898147 ELECTRICITY SALES KS PEC C -4484141 148884396 1.00000 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 SOUTHERN PIONEER ELECTRIC COMPANY A 9451 FMV SOUTHERN PIONEER ELECTRIC COMPANY D 104217170 FMV SOUTHERN PIONEER ELECTRIC COMPANY N 95170 FMV SOUTHERN PIONEER ELECTRIC COMPANY O 2521522 FMV SOUTHERN PIONEER ELECTRIC COMPANY P 220462 FMV SOUTHERN PIONEER ELECTRIC COMPANY Q 964330 FMV