2018-11-12T13:48:23-06:00 2017-12-31 450250958 EIDE BAILLY LLP 200 EAST 10TH ST PO BOX 5125 SIOUX FALLS SD 571175125 990 2017-01-01 730539216 KIAMICHI ELECTRIC COOPERATIVE INC KIAM 9184652338 PO BOX 340 WILBURTON OK 74578 BRETT ORME CEO 9184652338 2018-11-01 1 LAURIE HANSON P00851848 6053391999 2018-11-01 8.39.233.11 2018-11-01 09:46:19 CD P DB1FD6DC1D5D45D0B5FA61CC16A42C1A816EE75B A01853E6EF032EEC7D4C024333A5FA8796B776CD 2017 2019-02-21 02:37:17Z BRETT ORME PO BOX 340 WILBURTON OK 74578 38874174 0 X N/A X 1945 OK TO MAKE ELECTRIC ENERGY AVAILABLE TO ALL MEMBERS OF THE COOPERATIVE AT THE LOWEST COST. 7 7 56 0 188549 719 0 0 40554182 38457754 28377 29793 412429 383720 40994988 38871267 6222 11000 3049618 2841215 557207 596640 0 0 0 37381941 35422412 40994988 38871267 0 0 104493948 107166606 64211457 65107031 40282491 42059575 TO MAKE ELECTRIC ENERGY AVAILABLE TO ALL MEMBERS OF THE COOPERATIVE AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT. 0 0 DISTRIBUTION OF ELECTRICITY ON A COOPERATIVE BASIS. 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 0 0 0 0 0 0 0 0 0 1 41 0 1 56 1 1 1 0 0 0 0 0 0 37864185 414673 0 X 7 7 0 0 0 0 1 1 1 1 0 0 0 1 0 0 1 1 0 1 1 OK X KIAMICHI ELECTRIC COOPERATIVE INC 8008882731 966 SW HWY 2 WILBURTON OK 74578 X DAVID RAY PRESIDENT 21.00 X X 28532 0 0 DON PARR VICE-PRESIDENT 8.00 X X 25966 0 0 MARK ICHORD SECRETARY/TREASURER 18.00 X X 25747 0 0 RUSSELL SHAW DIRECTOR 11.00 X 34619 0 0 RON PELANCONI DIRECTOR 11.50 X 27932 0 0 LARRY CULWELL DIRECTOR 20.00 X 29342 0 0 RICHARD MEDLOCK DIRECTOR 6.50 X 15238 0 0 CRYSTAL BUTLER CFO 41.50 X 102342 0 56083 BRETT ORME CEO 43.80 X 194330 0 86835 KEVIN DAVIS MANAGER OF ENGINEERING 41.74 X 104394 0 44315 TONY NIXON CONSTRUCTION MANAGER 45.09 X 102141 0 60437 BOB OWENS MANAGER OF OPERATIONS 52.07 X 134481 0 84775 825064 0 332445 5 0 1 0 GORDON CONSTRUCTION 905 WEST MAIN STIGLER OK 74462 OH LINE CONSTRUCTION/MAINTENANCE 2225634 ASPLUNDH TREE EXPERT COMPANY 1700 SOLUTIONS CENTER CHICAGO IL 60677 RIGHT-OF-WAY MAINTENANCE 534101 LATIMER RIGHT-OF-WAY SERVICES LLC PO BOX 728 WILBURTON OK 74578 RIGHT-OF-WAY MAINTENANCE 249013 3 RESIDENTIAL 221000 26295178 26295178 SMALL COMMERCIAL 221000 8227400 8227400 INDUSTRIAL 221000 1794900 1794900 CAPITAL CREDITS 221000 1208649 1208649 GROSS RECEIPTS TAX 221000 725459 725459 206168 206168 38457754 30952 30952 191135 0 191135 191135 191135 1748 2907 -1159 -1159 -1159 WILDBLUE 517000 188549 188549 NONOPERATING REVENUE 221000 4036 4036 192585 38871267 38457754 188549 224964 11000 2841215 596640 159799 2071757 3220980 COST OF POWER 22036430 ADMINISTRATIVE & GENERA 2407464 DISTRIBUTION - MAINTENA 2196883 DISTRIBUTION - OPERATIO 1703425 1625674 38871267 77586 23878 21303 21402 4713285 4425865 494902 527453 1113267 868411 104862987 22177019 80020936 82685968 24630 24630 18020334 18581273 7705 7726 104493948 107166606 3548537 3310743 52695689 53450335 7967231 8345953 64211457 65107031 X 81210 81700 0 0 40201281 41977875 40282491 42059575 104493948 107166606 X 0 1777084 X 0 1 X 1 0 234852 234852 10419635 334527 10085108 4720778 3399474 1321304 89487722 18443018 71044704 82685968 INVESTMENT IN WESTERN FARMERS ELECTRIC COOP 13809162 C INVESTMENT IN KAMO ELECTRIC COOP 1579588 C INVESTMENT IN COBANK 1232505 C INVESTMENT IN NRUCFC 764302 C INVESTMENT IN SOUTHEASTERN DATA COOP 166365 C INVESTMENT IN NRTC 118387 C INVESTMENT IN ARKANSAS ELECTRIC COOP 80004 C INVESTMENT IN NATIONAL INFORMATION SOLUTIONS COOP 52071 C OTHER INVESTMENTS 3461 C NRUCFC SUBORDINATE CERTIFICATES 775428 C 18581273 ACCUMULATED PROVISIONS - ASSET RETIREMENT OBLIGATIONS 5637437 DEFERRED CREDITS 1441503 CUSTOMER DEPOSITS 1042963 CHECKS WRITTEN IN EXCESS OF BANK BALANCE 224050 8345953 X 38710076 -159799 -159799 38869875 1392 1392 38871267 35868861 -1392 -1392 35870253 3001014 3001014 38871267 PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT INCOME FROM INCOME TAX (FORM 990) WITH THE IRS. THE COOPERATIVE BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE COOPERATIVE WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: WILDBLUE EXPENSES NETTED TO REVENUE FOR GAAP -159,799. PART XI, LINE 4B - OTHER ADJUSTMENTS: NONOPERATING INCOME NETTED TO EXPENSE FOR GAAP 1,392. PART XII, LINE 2D - OTHER ADJUSTMENTS: NONOPERATING INCOME NETTED TO EXPENSE FOR GAAP -1,392. PART XII, LINE 4B - OTHER ADJUSTMENTS: WILDBLUE EXPENSES NETTED TO REVENUE FOR GAAP 159,799. ALLOCATION OF 2017 MARGINS TO MEMBERS IN 2018 2,841,215. X X 0 0 0 CRYSTAL BUTLER CFO 102342 0 0 0 0 0 30774 0 25310 0 158426 0 0 0 BRETT ORME CEO 194330 0 0 0 0 0 67151 0 19684 0 281165 0 0 0 TONY NIXON CONSTRUCTION MANAGER 102141 0 0 0 0 0 40424 0 20013 0 162578 0 0 0 BOB OWENS MANAGER OF OPERATIONS 134481 0 0 0 0 0 67776 0 16999 0 219256 0 0 0 SCHEDULE J, PART II, COLUMN C COLUMN C INCLUDES THE CHANGE IN ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN FOR EACH PARTICIPANT RATHER THAN THE ACTUAL CONTRIBUTION PAID TO THE PLAN. BRETT ORME CHANGE IN ACTUARIAL VALUE: $63,401 CONTRIBUTION TO THE PLAN BY COOPERATIVE: $39,323 CRYSTAL BUTLER CHANGE IN ACTUARIAL VALUE: $28,726 CONTRIBUTION TO THE PLAN BY COOPERATIVE: $21,876 TONY NIXON CHANGE IN ACTUARIAL VALUE: $38,415 CONTRIBUTION TO THE PLAN BY COOPERATIVE: $21,520 BOB OWENS CHANGE IN ACTUARIAL VALUE: $65,100 CONTRIBUTION TO THE PLAN BY COOPERATIVE: $21,985 FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE HAS ONE CLASS OF MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE COOPERATIVE VOTE TO ELECT DISTRICT OFFICERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE COOPERATIVE MAY NOT SELL, MORTGAGE, LEASE OR OTHERWISE DISPOSE OF OR ENCUMBER ALL OR ANY SUBSTANTIAL PORTION OF ITS PROPERTY WITHOUT APPROVAL OF THE MAJORITY OF THE MEMBERS OF THE COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 8B THE COOPERATIVE DOES NOT UTILIZE AN EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS GIVEN TO THE BOARD AND ALSO REVIEWED BY THE CEO AND CFO. FORM 990, PART VI, SECTION B, LINE 15A THE COOPERATIVE USES STATEWIDE AND NATIONAL COMPARATIVE DATA ANNUALLY FOR DETERMINING COMPENSATION FOR THE CEO, THE CFO, AND THE EMPLOYEES. THE DETERMINATION OF COMPENSATION IS MADE BY INDEPENDENT PERSONS AND IS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE ON THE COOPERATIVE'S WEBSITE UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE INCLUDED IN THE ANNUAL MEETING NEWSLETTER AND UPON REQUEST. FORM 990, PART VII, COLUMN F, OTHER COMPENSATION: INCLUDED IN OTHER COMPENSATION IS THE ESTIMATED CURRENT YEAR INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN FOR THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER. THE CURRENT YEAR INCREASE OR DECREASE DOES NOT REPRESENT CURRENT YEAR CONTRIBUTIONS TO THE PLAN. RATHER, IT IS AN ESTIMATE OF THE INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE PLAN AS CALCULATED BY THE PLAN ADMINISTRATOR. FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -892,508. LOSS ON ACCUM. POST-RETIREMENT BENEFIT OBLIGATION -98,833. AMORT. OF ACCUM. POST-RETIREMENT BENEFIT OBLIGATION REG. ASSET -105,514. MEMBERSHIPS - NET CHANGE 490. CHANGE IN OTHER EQUITIES 32,234. ALLOCATION OF 2017 MARGINS TO MEMBERS IN 2018 2,841,215.