2018-05-23T14:07:01-05:00 2017-12-31 391277627 BAUMAN ASSOCIATES LTD PO BOX 1225 EAU CLAIRE WI 547021225 990 2017-01-01 390544115 POLK-BURNETT ELECTRIC COOPERATIVE POLK 8004210283 1001 STATE HIGHWAY 35 CENTURIA WI 548240310 EDWARD GULLICKSON PRESIDENT 8004210283 2018-04-18 true NATHAN KALEPP CPA P01320467 7158342001 2018-04-18 2017 2022-09-23 18:48:47Z EDWARD GULLICKSON 1001 STATE HIGHWAY 35 CENTURIA WI 548240310 34517662 false X WWW.POLKBURNETT.COM X 1938 WI TO BENEFIT MEMBER-OWNERS BY PROVIDING RELIABLE ELECTRICITY WITH EFFICIENCY AND EXTRAORDINARY SERVICE. 9 9 58 20000 0 31513516 31853614 98225 82132 997769 2447443 32609510 34383189 0 3153389 2906380 394315 413257 0 0 28909263 29631877 32456967 32951514 152543 1431675 89561446 92518886 42345337 42912945 47216109 49605941 TO BENEFIT MEMBER-OWNERS BY PROVIDING RELIABLE ELECTRICITY WITH EFFICIENCY AND EXTRAORDINARY SERVICE. false false RURAL ELECTRIC COOPERATIVE-SALE OF ELECTRICITY AND MERCHANDISE TO MEMBERS OF THE COOPERATIVE. false false false false false false false false false true false true false true false false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 33 0 true 58 true true true false false false false 32785360 73455 false X 9 9 false false false false true true true true true false true true true true true true true true true true false X HEATHER GERBER 7156462191 1001 STATE HIGHWAY 35 CENTURIA WI 54824 EDWARD GULLICKSON PRESIDENT 16.00 X 8760 0 0 JOE METRO DIRECTOR 6.00 X 7325 0 0 CYNTHIA THORMAN DIRECTOR 3.00 X 7000 0 0 MICHAEL MORRIS VICE-PRESIDE 3.00 X 4400 1350 0 WILFRED OWENS DIRECTOR 7.00 X 5400 0 0 JEFFREY TRAYNOR DIRECTOR 2.50 X 3500 1200 0 CHARLES BROOKSHAW SECRETARY/TR 3.00 X 4200 0 0 MAURICE MILLER DIRECTOR 5.00 X 3000 1200 0 THOMAS SWENSON DIRECTOR 3.00 X 4000 0 0 STEVEN STROSHANE GM/CEO 50.00 X 170934 0 105008 HEATHER GERBER ACCOUNTING M 43.00 X 88309 0 38978 MATTHEW KURTZHALS IS MANAGER 44.00 X 110919 0 23740 JOSHUA SPOELSTRA LINEMAN 46.00 X 109755 0 24478 ED JOHANSEN OPERATIONS M 50.00 X 106808 0 81903 TODD SCHULTE MEMBER SERVI 45.00 X 102199 0 51614 JEREMY GINGRAS LINEMAN 43.00 X 100840 0 30110 837349 3750 355831 6 false true false ZIELIE'S TREE SERVICE 1805 MAIN STREET W ASHLAND WI 54806 TREE CUTTING 478692 PUSH INC 1100 LINDY STREET RICE LAKE WI 54868 LINE CONSTRUCTI 423922 IRBY CONSTRUCTION COMPNAY PO BOX 180819 RICHLAND MS 39218 LINE CONSTRUCTI 210911 OSMOSE UTILITIES SERVICE INC PO BOX 8000 BUFFALO NY 14209 HERBICIDE APP 159830 B&M UTILITY LOCATING SERVICES 2124 5TH AVE CHETEK WI 54728 CABLE LOCATING 100979 5 ELECTRIC REVENUE 221000 31853614 31853614 31853614 66083 66083 15600 20000 14935 665 20000 20665 20000 665 16049 16049 16049 16049 71369 119538 -48169 -48169 CAPITAL CREDITS 900099 1077900 1077900 NON-MEMBER INCOME 900099 1000000 1000000 EQUITY IN SUBSIDIARY INCOME 900099 393641 393641 3406 3406 2474947 34383189 34293035 20000 70154 2906380 413257 1471093 2660270 COST OF POWER 18333936 DISTRIBUTION EXP - MAINT 2310343 ADMINISTRATIVE AND GENERA 1814286 DISTRBUTION EXP - OPERATI 1201874 1840075 32951514 0 0 0 1802905 1274071 1053872 2014503 2111990 2270062 367299 361753 1642881 1472317 89977745 21620022 66815112 68357723 1771975 2029616 13995412 14738841 89561446 92518886 5207242 5635770 35244937 33655201 1893158 3621974 42345337 42912945 X 47216109 49605941 47216109 49605941 89561446 92518886 1431675 958157 X false true X true false 280486 280486 6622505 2812726 3809779 7762146 6371394 1390752 75312608 12435902 62876706 68357723 INVESTMENTS IN ASSOCIATED COOPS 14724601 OTHER INVESTMENTS 14240 14738841 DEFERRED CREDITS 3321974 REVOLVING LOAN FUND 300000 3621974 X X X false false false STEVEN STROSHANE GM/CEO 170934 87506 17502 275942 ED JOHANSEN OPERATIONS MANAGER 106808 65605 16298 188711 TODD SCHULTE MEMBER SERVICES MANA 102199 41311 10303 153813 FORM 990, PAGE 6, PART VI, LINE 6 EXPLANATION: ALL CUSTOMERS OF THE COOPERATIVE THAT PURCHASE ELECTRICITY ARE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A EXPLANATION: EACH MEMBER OF THE COOPERATIVE HAS THE RIGHT TO ELECT THE BOARD MEMBER WITHIN THE DISTRICT THEY RESIDE. EACH MEMBER HAS ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 7B EXPLANATION: BYLAW AMENDMENTS ADOPTED BY THE BOARD MUST BE PRESENTED TO THE MEMBERS AT THE ORGANIZATION'S ANNUAL MEETING. ANY BOARD DECISION RELATING TO MERGERS, ACQUISITION, OR DISSOLUTION OF THE COOPERATIVE ARE SUBJECT TO MEMBER APPROVAL AT THE ANNUAL MEETING OR AT A SPECIAL MEETING OF THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B EXPLANATION: THE ENTIRE 990 WILL BE UPLOADED ON THE BOARD MEMBER'S IPADS AND REVIEWED PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE POLICY IS ENFORCED WHENEVER NECESSARY AND REVIEWED ON AN ANNUAL BASIS. BOTH THE SYSTEM LEGAL COUNCIL AND GENERAL MANAGER REVIEW THE POLICY AND BRING CHANGES AND/OR AMENDMENTS BEFORE THE BOARD FOR ADOPTION. THE COOPERATIVE BOARD ELECTS A THIRD OF ITS DIRECTORS ANNUALLY. THE ANNUAL REVIEW OF THE POLICY TAKES PLACE EACH JUNE WHICH IS THE FIRST BOARD MEETING AFTER THE ANNUAL BOARD MEMBER ELECTION. ANNUALLY EACH BOARD MEMBER SIGNS A DIRECTOR PLEDGE ACKNOWLEDGING AGREEMENT WITH THE POLICY. FORM 990, PAGE 6, PART VI, LINE 15A EXPLANATION: ALL EMPOYEE POSITIONS OF THE COOPERATIVE ARE SUBJECT TO A WAGE AND BENEFIT STUDY CONDUCTED BY MRA, AN INDEPENDENT THIRD PARTY LOCATED IN MILWAUKEE, WI. THE STUDY WAS LAST PERFORMED IN 2015. GENERAL MANAGER COMPENSATION IS REVIEWED AND APPROVED BY THE NINE MEMBER COOPERATIVE BOARD. OTHER KEY EMPLOYEES PERFORMANCE AND COMPENSATION ARE REVIEWED AND APPROVED BY THE GENERAL MANAGER. FORM 990, PAGE 6, PART VI, LINE 15B SEE ABOVE. FORM 990, PAGE 6, PART VI, LINE 19 EXPLANATION: THE COOPERATIVE MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE THROUGH THEIR WEBSITE. FORM 990, PART XI, LINE 9 MARGINS ALLOCATED TO MEMBERS 2,906,382 RETIREMENT OF CAPITAL CREDITS -1,948,225 TOTAL 958,157 POLK-BURNETT CHARITIES INC 1001 STATE HIGHWAY 35 CENTURIA WI 54824 391924542 PART VII WI 501C3 10 PART VII false POLK-BURNETT ECONOMIC DEVELOPMENT C 1001 STATE HIGHWAY 35 CENTURIA WI 54824 391824628 PART VII WI PART VII C CORP -10 7424 1.00000 false POLK-BURNETT DIVERSIFIED INC 1001 STATE HIGHWAY 35 CENTURIA WI 54824 203540722 PART VII WI PART VII C CORP -344 26129 1.00000 false POLK-BURNETT PROPANE SERVICES INC 1001 STATE HIGHWAY 35 CENTURIA WI 54824 203460024 PART VII WI PART VII C CORP 208684 4311133 1.00000 false true false false true false true false false false false false false false false false false true true false POLK-BURNETT PROPANE SERVICES INC A 15600 ACTUAL PAYMENTS POLK-BURNETT PROPANE SERVICES INC R 2282510 ACTUAL PAYMENTS POLK-BURNETT PROPANE SERVICES INC Q 347786 ACTUAL PAYMENTS POLK-BURNETT CHARITIES INC R 58211 ACTUAL PAYMENTS POLK-BURNETT PROPANE SERVICES INC D 159005 LOAN BALANCE SCHEDULE R PART II ADDITIONAL INFORMATION: NAME: POLK-BURNETT CHARITIES PRIMARY ACTIVITY: DONATIONS TO COMMUNITY BUSINESSES DIRECT CONTROLLING ENTITY: POLK-BURNETT ELECTRIC COOPERATIVE PART IV ADDITIONAL INFORMATION: NAME: POLK-BURNETT ECONOMIC DEVELOPMENT CORPORATION PRIMARY ACTIVITY: REAL ESTATE DEVELOPMENT DIRECT CONTROLLING ENTITY: POLK-BURNETT ELECTRIC COOPERATIVE NAME: POLK-BURNETT DIVERSIFIED, INC. PRIMARY ACTIVITY: HOLDING COMPANY DIRECT CONTROLLING ENTITY: POLK-BURNETT ELECTRIC COOPERATIVE NAME: POLK-BURNETT PROPANE SERVICES, INC. PRIMARY ACTIVITY: PROPANE SALES AND SERVICE DIRECT CONTROLLING ENTITY: POLK-BURNETT ELECTRIC COOPERATIVE