2019-09-03T09:46:46-05:00 2018-12-31 631035228 Jackson Thornton & Co PC PO Box 96 Montgomery AL 361010096 990 2018-01-01 481251358 Rolling Hills Electric Cooperative Inc ROLL 7855341601 PO Box 339 Beloit KS 67420 Douglas Jackson General Manager 7855341601 2019-08-19 1 Patrick Cooper P00856177 3348347660 2019-08-19 142.154.130.164 2019-08-19 15:07:07 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2018 2019-02-21 02:37:17Z Douglas Jackson PO Box 339 Beloit KS 67420 27683034 0 X www.rollinghills.coop X 2002 KS To improve the quality of life for our members by providing safe and reliable energy solutions. 10 10 49 0 157647 0 0 0 23720306 27385259 18775 83412 241852 213863 23980933 27682534 0 0 1436803 2323043 393933 379025 0 0 0 22150197 24980466 23980933 27682534 0 0 74603824 76679404 51789768 52001161 22814056 24678243 Rolling Hills provides and improves economic growth and quality of life for members, employees, and communities through application of core values and a sound business plan. 0 0 Rolling Hills Electric Cooperative, Inc. is a member-owned electric cooperative providing service to 11,200 meters in parts of 16 northern and north central Kansas counties. Its 40 employees maintain and operate approximately 6,400 miles of line. 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 115 0 1 49 1 1 1 0 0 0 0 0 0 26984033 955539 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 1 1 0 X Angie Behymer 7855341601 PO Box 339 Beloit KS 67420 Eric Anderson Trustee 1.00 X 7506 0 0 Loren Brzon Trustee 1.00 X 2860 0 0 Corey Dlabal Trustee 1.00 X 4360 0 0 Jim Ehrlich Trustee 1.00 X 1200 0 0 Robert Fredrickson Trustee 2.00 X 5856 0 0 John George Trustee 2.00 X 8410 0 0 Justin Trost Trustee 1.00 X 5560 0 0 Paul Wilson Trustee 2.00 X 2410 0 0 Larry Kendig Trustee 1.00 X 2410 0 0 Tom Marr Trustee 1.00 X 3460 0 0 Michelle Brokes Director 1.00 X 3157 0 0 Douglas Jackson General Manager 40.00 X 154783 0 95889 Adrion Reed Office Manager 40.00 X 64241 0 16924 266213 0 112813 1 0 1 0 Solida Tree Service PO Box 421 Phillipsburg KS 67661 Tree Clearing Services 307459 NISC PO Box 1147 Mandan SD 58554 Provider of Computer Software 230894 Kansas Electric Cooperative Inc PO Box 4267 Topeka KS 66604 Equipment repair and General & Administr 212980 Electricomm Inc PO Box 8324 Topeka KS 66608 Repair distribution equipment 118359 Solomon Corporation 103 West Main Street Solomon KS 67480 Provider of regulators, controls, & recl 112272 5 Electric Revenue 221000 26889934 26889934 Capital Credits 221000 495325 495325 27385259 51099 51099 32813 500 32313 32313 32313 Other Revenue - 990-T 443142 157647 157647 Other Revenue 900099 56216 56216 213863 27682534 27468671 157647 56216 X 2323043 379025 2003483 2377371 Cost of Power 14500795 Distribution Expense - 2082135 Distribution Expense - 1368818 Taxes 1160368 1487496 27682534 1415674 1559734 2289006 2229168 322000 238000 383404 380848 1204230 1008679 95188685 32738266 60191666 62450419 8797844 8812556 74603824 76679404 2871182 2857291 102299 124827 48816287 49019043 51789768 52001161 X 0 0 22975 21985 22791081 24656258 22814056 24678243 74603824 76679404 X 0 1864187 X 0 1 X 1 0 741195 741195 9124182 861713 8262469 85323308 31876553 53446755 62450419 Subordinated Certificates 836440 F Investments in Associated Organizations 7358669 F Economic Development Loans 385622 F Revolving Loans 196989 F Other Investments 34836 F 8812556 X 27682534 0 27682534 0 27682534 25359491 0 25359491 2323043 2323043 27682534 Part X, Line 2: 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 they have 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, are no longer subject to federal, state, or local tax examinations by tax authorities for years before 2013. Part XII, Line 4b - Other Adjustments: Margins Assigned to Members in Current Year 2,323,043. X 0 0 0 Douglas Jackson General Manager 154783 0 0 0 0 0 65121 0 30768 0 250672 0 0 0 Form 990, Part VI, Section A, line 6 Rolling Hills Electric Cooperative, Inc. is a not-for-profit membership organization whose members have identical voting rights and are assigned margins in accordance with the cooperative's bylaws. Form 990, Part VI, Section A, line 7a All board members are elected by the membership. Form 990, Part VI, Section A, line 7b Governance decisions such as amending bylaws, electing Board of Trustees, and self-regulating are reserved to members. Form 990, Part VI, Section B, line 11b The accountant completes the Form 990, with the assistance of an accounting team, and reviews the Form 990 with the General Manager prior to filing. Form 990, Part VI, Section B, line 12c The Cooperative monitors and enforces compliance of the conflict of interest policy through discussion or confrontation. Form 990, Part VI, Section B, line 15 The Board performs an annual review of the compensation for both the Cooperative's officers, as well as its CEO. Form 990, Part VI, Section C, line 19 Rolling Hills Electric Cooperative's governing documents, conflict of interest policy, and financial statements are available to the public upon request at the main office in Beloit, Kansas. 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: Retirement of capital credits -458,318. Other Changes -990. Adjustment of Current Year Margins to Members 2,323,043. Capital credit gains 452.