UNION COUNTY ELECTRIC COOPERATIVE INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: UNION COUNTY ELECTRIC COOPERATIVE INC (EIN 46-0200495)
Tax period: 2017-01-01 to 2017-12-31
Filed: 2018-07-31
IRS object ID: 201822129349300432
Schema version: 2017v2.3
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-07-31T11:31:33-05:00	ReturnTs
Tax Period End	2017-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	450250958	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	EIDE BAILLY LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	200 EAST 10TH ST PO BOX 5125	AddressLine1Txt
City	SIOUX FALLS	CityNm
State Abbreviation	SD	StateAbbreviationCd
ZIP	571175125	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2017-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	460200495	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	UNION COUNTY ELECTRIC COOPERATIVE INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	UNIO	BusinessNameControlTxt
Phone	6053563395	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 459	AddressLine1Txt
City	ELK POINT	CityNm
State Abbreviation	SD	StateAbbreviationCd
ZIP	570250459	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MATT KLEIN	PersonNm
Person Title	GENERAL MANAGER	PersonTitleTxt
Phone	6053563395	PhoneNum
Signature	2018-07-31	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	LAURIE HANSON	PreparerPersonNm
PTIN	P00851848	PTIN
Phone	6053391999	PhoneNum
Preparation	2018-07-31	PreparationDt

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MATT KLEIN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 459	AddressLine1Txt
City	ELK POINT	CityNm
State Abbreviation	SD	StateAbbreviationCd
ZIP	570250459	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$4,410,189	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.UNIONCOUNTY.COOP	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1937	FormationYr
Legal Domicile State	SD	LegalDomicileStateCd
Activity Or Mission	PROVIDING HIGH VALUE ENERGY TO MEMBERS - ELECTRIC DISTRIBUTION UTILITY.	ActivityOrMissionDesc
Voting Members Governing Body	5	VotingMembersGoverningBodyCnt
Voting Members Independent	5	VotingMembersIndependentCnt
Total Employee	12	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$3,944,841	PYProgramServiceRevenueAmt
CY Program Service Revenue	$4,354,802	CYProgramServiceRevenueAmt
PY Investment Income	$7,737	PYInvestmentIncomeAmt
CY Investment Income	$3,300	CYInvestmentIncomeAmt
PY Other Revenue	-$3,127	PYOtherRevenueAmt
CY Other Revenue	-$391	CYOtherRevenueAmt
PY Total Revenue	$3,949,451	PYTotalRevenueAmt
CY Total Revenue	$4,357,711	CYTotalRevenueAmt
PY Grants And Similar Paid	$1,249	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$5,009	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$401,595	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$468,908	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$695,994	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$739,191	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$2,850,613	PYOtherExpensesAmt
CY Other Expenses	$3,144,603	CYOtherExpensesAmt
PY Total Expenses	$3,949,451	PYTotalExpensesAmt
CY Total Expenses	$4,357,711	CYTotalExpensesAmt
PY Revenues Less Expenses	$0	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$0	CYRevenuesLessExpensesAmt
Total Assets BOY	$11,090,454	TotalAssetsBOYAmt
Total Assets EOY	$11,487,332	TotalAssetsEOYAmt
Total Liabilities BOY	$6,853,047	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$7,174,119	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$4,237,407	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$4,313,213	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	UNION COUNTY ELECTRIC COOPERATIVE EXISTS TO PROVIDE HIGH VALUE ENERGY TO OUR MEMBERS BY FOCUSING ON DELIVERING SAFE, RELIABLE, ENVIRONMENTALLY FRIENDLY ELECTRICITY WHILE PROMOTING ENERGY EFFICIENCY THROUGH EDUCATION.	MissionDesc
Significant New Program Srvc	Yes (1)	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Desc	PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 1,158 MEMBERS AND ADDED 1.45 MILES OF LINES.	Desc
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	Yes (1)	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	76	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	12	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Members And Shr Gross Income	$4,263,103	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$52,292	OtherSourcesGrossIncomeAmt
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	5	GoverningBodyVotingMembersCnt
Independent Voting Member	5	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	0	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	AMANDA ADAMS	PersonNm
Phone	6053563395	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	122 WEST MAIN STREET	AddressLine1Txt
City	ELK POINT	CityNm
State Abbreviation	SD	StateAbbreviationCd
ZIP	570250459	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
DON SCHURDEVIN
PRESIDENT	4.20	Yes (X)	Yes (X)	$5,842	$0	$0
DONALD GRAY
VICE PRESIDENT	2.00	Yes (X)	Yes (X)	$3,540	$0	$0
EDWARD DONNELLY
SECRETARY	1.40	Yes (X)	Yes (X)	$3,550	$0	$0
WILLIAM DAILEY
ASSISTANT SECRETARY	1.90	Yes (X)	Yes (X)	$3,730	$0	$0
PAUL PEACOCK
TREASURER	1.90	Yes (X)	Yes (X)	$5,049	$0	$0
MATT KLEIN
GENERAL MANAGER	45.00		Yes (X)	$96,226	$0	$29,641

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$117,937	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$29,641	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SALE OF POWER	221000	$4,155,447	$4,155,447
CAPITAL CREDITS	221000	$159,281	$159,281
OTHER OPERATING	221000	$40,074	$40,074

Field	Value	IRS element (for citing)
Total Program Service Revenue	$4,354,802	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$12,218	TotalRevenueColumnAmt
Exclusion	$12,218	ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$8,918	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$8,918	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$8,918	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$8,918	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$43,169	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$43,560	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$391	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$391	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,357,711	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,345,493	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$12,218	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$5,009	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$468,908	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$157,566	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$469,034	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$69,349	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$43,242	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$215,663	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$344,008	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
COST OF POWER	$2,159,158
ADMIN & GENERAL	$477,881
DISTRIBUTION-MAINTENANC	$218,640
DISTRIBUTION-OPERATIONS	$208,075

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	-$478,822	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,357,711	TotalAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$690,366	BOYAmt
EOY	$128,551	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$72,111	BOYAmt
EOY	$92,320	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$28,157	BOYAmt
EOY	$20,098	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$313,003	BOYAmt
EOY	$236,836	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$282,487	BOYAmt
EOY	$287,300	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$12,259,526	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$4,096,677	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$7,243,778	BOYAmt
EOY	$8,162,849	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$450,000	BOYAmt
EOY	$455,000	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$2,010,552	BOYAmt
EOY	$2,104,378	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$11,090,454	BOYAmt
EOY	$11,487,332	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$319,988	BOYAmt
EOY	$348,121	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$5,979,192	BOYAmt
EOY	$6,236,114	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$553,867	BOYAmt
EOY	$589,884	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$6,853,047	BOYAmt
EOY	$7,174,119	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$4,237,407	BOYAmt
EOY	$4,313,213	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,237,407	BOYAmt
EOY	$4,313,213	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$11,090,454	BOYAmt
EOY	$11,487,332	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$0	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$75,806	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$29,474	OtherCostOrOtherBasisAmt
Book Value	$29,474	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$350,354	OtherCostOrOtherBasisAmt
Depreciation	$179,143	DepreciationAmt
Book Value	$171,211	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$11,414,129	OtherCostOrOtherBasisAmt
Depreciation	$3,917,534	DepreciationAmt
Book Value	$7,496,595	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$465,569	OtherCostOrOtherBasisAmt
Book Value	$465,569	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$8,162,849	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (6 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
EAST RIVER ELECTRIC POWER COOPERATIVE, INC.	$1,856,789	C
NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION	$192,666	C
FEDERATED RURAL ELECTRIC INSURANCE EXCHANGE	$33,135	C
RURAL ELECTRIC ECONOMIC DEVELOPMENT, INC.	$19,000	C
MEMBERSHIPS	$1,700	C
RURAL ELECTRIC SUPPLY COOPERATIVE	$1,088	C

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$2,104,378	TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
DEFERRED CREDITS	$500,053
CUSTOMER DEPOSITS	$89,831

Field	Value	IRS element (for citing)
Total Liability	$589,884	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$4,352,702	TotalRevEtcAuditedFinclStmtAmt
Other Revenue	-$5,009	OtherRevenueAmt
Revenue Not Reported	-$5,009	RevenueNotReportedAmt
Revenue Subtotal	$4,357,711	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$4,357,711	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$3,883,794	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	-$5,009	OtherExpensesIncludedAmt
Expenses Not Reported	-$5,009	ExpensesNotReportedAmt
Expenses Subtotal	$3,888,803	ExpensesSubtotalAmt
Other Expenses Not Included	$468,908	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$468,908	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$4,357,711	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. THE COOPERATIVE EVALUATES ITS TAX POSITIONS THAT HAVE BEEN TAKEN OR ARE EXPECTED TO BE TAKEN ON INCOME TAX RETURNS TO DETERMINE IF AN ACCRUAL IS NECESSARY FOR UNCERTAIN TAX POSITIONS. AS OF DECEMBER 31, 2017 AND 2016, THE UNRECOGNIZED TAX BENEFITS ACCRUAL WAS ZERO. THE COOPERATIVE WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	DONATIONS GIVEN INCLUDED AS REVENUE ON FINANCIAL STATEMENTS -5,009.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	DONATIONS GIVEN INCLUDED AS EXPENSE ON 990 -5,009.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	ALLOCATION OF 2017 MARGINS TO MEMBERS IN 2018 468,908.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (13 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART III, LINE 2	NOW HAVE A LICENSED ELECTRICIAN ON STAFF. WE WILL NOW DO WIRING PROJECTS ON THE MEMBER SIDE FOR A CHARGE. WE BEGAN OFFERING THIS SERVICE JANUARY 1, 2017.
FORM 990, PART VI, SECTION A, LINE 6	MEMBERS ARE ALL OF THE SAME CLASS.
FORM 990, PART VI, SECTION A, LINE 7A	EACH MEMBER IS OF THE SAME CLASS AND HAS ONE VOTE.
FORM 990, PART VI, SECTION A, LINE 7B	THE COOPERATIVE MAY NOT SELL, LEASE, OR OTHERWISE DISPOSE OF ALL OR A SUBSTANTIAL PORTION OF ITS PROPERTY, UNLESS SUCH SALE, LEASE OR OTHER DISPOSAL IS AUTHORIZED BY THE AFFIRMATIVE VOTE OF NOT LESS THAN A MAJORITY OF ALL MEMBERS OF THE COOPERATIVE. ALONG WITH THAT, AMENDMENTS TO THE BYLAWS OF THE COOPERATIVE MUST BE APPROVED BY THE MEMBERS.
FORM 990, PART VI, SECTION A, LINE 8B	THE ORGANIZATION HAS NO COMMITTEES.
FORM 990, PART VI, SECTION B, LINE 11B	THE GENERAL MANAGER AND BOARD OF DIRECTORS WILL REVIEW THE FORM 990 AT A REGULARLY SCHEDULED BOARD MEETING.
FORM 990, PART VI, SECTION B, LINE 12C	EMPLOYEES AND DIRECTORS ARE COVERED BY THE CONFLICT OF INTEREST POLICY. THE PROCESS IS LEFT UP TO THE DIRECTORS & MANAGER TO MONITOR. ANY CONFLICTS WOULD BE REVIEWED. TERMINATION OR EXPULSION WOULD BE IMPOSED ON A DIRECTOR AND TERMINATION ON AN EMPLOYEE.
FORM 990, PART VI, SECTION B, LINE 15A	DURING 2017, WAGES WERE COMPARED TO OTHER COOPERATIVES OF SIMILAR SIZE USING THE WAGE AND SALARY REPORT PREPARED BY SOUTH DAKOTA RURAL ELECTRIC ASSOCIATION (SDREA).
FORM 990, PART VI, SECTION C, LINE 19	THIS INFORMATION IS PROVIDED TO MEMBERS IN THE ANNUAL REPORT. AT OTHER TIMES, THIS INFORMATION IS AVAILABLE UPON REQUEST TO BOTH THE MEMBERS AND THE PUBLIC.
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 GENERAL MANAGER. 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. THE CHANGE IN ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN FOR MATT KLEIN REPORTED IN PART VII, COLUMN F WAS $8,733. THE COOPERATIVE'S ACTUAL EXPENSE FOR MATT'S PARTICPATION IN THIS PLAN IN 2017 WAS $16,651.
FORM 990, PART XI, LINE 9:	ALLOCATION OF 2017 MARGINS TO MEMBERS IN 2018 468,908. CHANGE IN MEMBERSHIPS 70. CHANGE IN OTHER EQUITIES 20,643. RETIREMENT OF CAPITAL CREDITS -413,815.
FORM 990, PART IX, LINE 24E STATEMENT OF FUNCTIONAL EXPENSES:	ALLOCATED AND OTHER EXPENSE: THE LABOR, PENSION AND PAYROLL TAXES REPORTED ON LINES 6-10 ARE INCLUDED IN DISTRIBUTION EXPENSE, ADMINISTRATIVE & GENERAL EXPENSE AND CUSTOMER EXPENSE. THEREFORE, LABOR, PENSION AND PAYROLL TAXES ARE SHOWN AS A REDUCTION TO OTHER EXPENSES ON LINE 24E.
FORM 990, PART IX, LINE 4, BENEFITS PAID TO OR FOR MEMBERS:	THE COOPERATIVE HAS INTERPRETED THE INSTRUCTIONS TO PART IX, LINE 4, TO MEAN PATRONAGE CAPITAL ALLOCATED FOR THE YEAR, RATHER THAN PATRONAGE CAPITAL RETIRED. THIS IS CONSISTENT WITH THE BY-LAWS OF THE COOPERATIVE.