2019-10-21T14:09:19-05:00 2018-12-31 631035228 Jackson Thornton & Co PC PO Box 96 Montgomery AL 361010096 990 2018-01-01 860079750 Mohave Electric Cooperative Inc MOHA 9287634115 PO Box 22530 Bullhead City AZ 86439 J Tyler Carlson CEO 9287634115 2019-10-17 1 Patrick Cooper P00856177 3348347660 2019-10-17 142.154.130.164 2019-10-17 08:35:07 CD P 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2018 2020-01-14 16:20:31Z J Tyler Carlson PO Box 22530 Bullhead City AZ 86439 84485290 0 X www.mohaveelectric.com X 1946 AZ To provide reliable electric power and related services to our members at the most affordable cost. 9 9 92 0 0 0 0 0 77776261 82866982 788403 609268 254232 734714 78818896 84210964 0 0 1863199 5735536 6494140 1475187 0 0 0 68435379 77000241 76792718 84210964 2026178 0 172278482 183093220 70108252 76795731 102170230 106297489 To provide reliable electric power and related services to our members at the most affordable cost. 0 0 Mohave Electric is a locally-based, not-for-profit distribution cooperative, providing electricity to more than 41,000 meters with over 1,500 miles of line in the communities of Bullhead City, Fort Mohave, Mohave Valley, Wikieup, Hackberry, and Peach Springs. 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 1 0 0 0 0 0 0 0 0 0 0 0 0 1 253 0 1 92 1 0 0 0 0 0 0 0 81332109 4086986 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 Arden Lauxman 9287634115 PO Box 22530 Bullhead City AZ 86439 Joseph Anderson President 15.00 X X 27548 0 0 Toni Daigh-Barbaro Secretary 10.00 X X 9916 0 0 Michael Bartelt Director 10.00 X 10116 0 0 Cynthia A Christy Director 10.00 X 13317 0 0 Deborah K Johnson Vice President 9.00 X X 21709 0 0 John B Nelssen Director 9.00 X 26160 0 0 Carlos A Tejeda Treasurer 12.00 X X 21616 0 0 Richard Tempelman Director 12.00 X 12882 0 0 J Tyler Carlson CEO 40.00 X 617483 0 115009 Arden Lauxman CFO 40.00 X 155560 0 62407 Heath Barker CIO 40.00 X 126930 0 45944 Rick Campos Mgr, Eng & Operations 40.00 X 159081 0 49509 Shelby Sinclair Ops Supr 40.00 X 118783 0 40366 Ron Driver Area Supervisor, Kingman 49.00 X 118041 0 38938 Douglas Henwood Journeyman Lineman 51.00 X 112912 0 33492 Raymond Fleck Journeyman Lineman 56.00 X 112896 0 35944 Chris Bronston Journeyman Lineman 51.00 X 108443 0 42270 1773393 0 463879 9 0 1 0 Four States Electric Inc PO Box 2013 Farmington NM 87499 Distribution Line Contractor 598650 NJ Shaum & Son Inc PO Box 819 Flagstaff AZ 86002 Construction Contractor 592990 Western Construction Specialists Inc 8771 S Desoto Drive Mohave Valley AZ 86440 Construction Contractor 375828 Asplundh Tree Expert Co 1700 Solutions Center Chicago IL 60677 Tree Trimmer Contractor 363668 Guernsey 5555 H Grand Blvd Oklahoma City OK 73112 Engineering Consultant 193581 8 Electric Revenue 221000 80139200 80139200 Capital Credits 221000 2727782 2727782 82866982 742412 742412 259704 0 259704 259704 259704 134682 6500 272622 1704 -137940 4796 -133144 -133144 Miscellaneous Revenue 900999 475010 475010 475010 84210964 83468552 0 742412 X 5735536 1475187 2085013 3525417 Cost of Power 61060053 Dist Exp - Operations 3506783 Admin & General Expense 2289492 Customer Accounts Expen 2171801 2361682 84210964 998520 5177397 799920 250088 2896394 2877159 71596 51161 340194 252907 1616774 1487708 13229822 18546275 131878396 48337092 80793010 83541304 17780198 14255111 53752054 56654110 172278482 183093220 10366599 10049446 5206643 4363525 51735968 59641811 2799042 2740949 70108252 76795731 X 0 0 0 0 102170230 106297489 102170230 106297489 172278482 183093220 X 0 4127259 X 0 1 X 1 0 878967 878967 4533948 3375556 1158392 126465481 44961536 81503945 83541304 NRUCFC Term Certificates 2985692 C Associated Organizations 52666719 C Non-Utility Property 80000 C Other Investments 921699 C 56654110 Customer Prepayments 1315535 Customer Advances for Construction 1371854 Other Deferred Credits 53560 2740949 X 84210964 0 84210964 0 84210964 78475428 0 78475428 5735536 5735536 84210964 Part X, Line 2: The Cooperative has a letter of exemption from federal income tax, issued by the Internal Revenue Service, and files IRS Form 990 annually. An evaluation of whether or not it has any uncertain tax positions is determined on an annual basis by the Cooperative. While the Cooperative believes it has adequately provided for all tax positions, amounts asserted by taxing authorities could be different than the positions taken by the Cooperative. The Cooperative recognizes any interest and penalties assessed by taxing authorities in income tax expense and, with few exceptions, is no longer subject to federal, state, or local income tax examinations by taxing authorities for years before 2015. Part XII, Line 4b - Other Adjustments: Current Year Margins Assigned to Members 5,735,536. X 0 1 X X 0 0 0 J Tyler Carlson CEO 402003 0 200000 0 15480 0 13500 0 101509 0 732492 0 0 0 Arden Lauxman CFO 140940 0 8600 0 6020 0 7534 0 54873 0 217967 0 0 0 Heath Barker CIO 114240 0 8600 0 4090 0 0 0 45944 0 172874 0 0 0 Rick Campos Mgr, Eng & Operations 143671 0 8550 0 6860 0 7604 0 41905 0 208590 0 0 0 Shelby Sinclair Ops Supr 117340 0 850 0 593 0 5867 0 34499 0 159149 0 0 0 Ron Driver Area Supervisor, Kingman 116408 0 900 0 733 0 4769 0 34169 0 156979 0 0 0 Chris Bronston Journeyman Lineman 107331 0 900 0 212 0 4132 0 38138 0 150713 0 0 0 Part I, Line 1a As part of the Mohave Electric Cooperative's Wellness Program, the company will reimburse employees $10 per month who participate in the Health Club Membership Program. Arden Lauxman CFO X 33555 15546 0 0 1 Heath Barker CIO X 32500 16459 0 0 1 Rick Campos Manager of Engineering & Operations X 40000 19156 0 0 1 51161 Form 990, Part VI, Section A, line 6 Mohave Electric Cooperative, Inc. is a member owned cooperative. Form 990, Part VI, Section A, line 7a Members elect all directors. Form 990, Part VI, Section A, line 7b Ratification of changes to bylaws must be approved by the members. Form 990, Part VI, Section B, line 11b Board members are distributed an electronic copy of the 990 to review and ask questions prior to submittal to auditor. Form 990, Part VI, Section B, line 12c All governing board members have a document pertaining to grants/assistance, business relationships, independence, relationships to other officers, directors, trustees, or key employees, and compensation which they sign off on each year. Form 990, Part VI, Section B, line 15 The Board of Directors does a formal review and determines compensation for the CEO. The CEO does a review of the two other officers and all three officers review any key employees. Form 990, Part VI, Section C, line 19 Bylaws are offered to all new members; all other documents are available at any time upon request. Form 990, Part IX, Line 4 The instructions to the 2018 Form 990 indicate that organizations exempt under Section 501(c)(12) should report "patronage dividends paid" to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words "patronage dividends paid" in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year ended December 31, 2018. Form 990, Part XI, line 9: Current Year Margins Assigned to Members 5,735,535. Changes in Other Comprehensive Income -465,004. Retirement of Capital Credits -1,655,234. Change in Memberships 2,550. Other Changes 509,412.