2018-11-05T09:09:06-06:00 2017-12-31 450310328 BRADY MARTZ & ASSOCIATES PC PO BOX 1297 BISMARCK ND 585021297 990 2017-01-01 450217935 MOR GRAN SOU ELECTRIC MORG 7015973301 PO BOX 297 FLASHER ND 585350297 ALEX CRAIGMILE CFO 7015794191 2018-10-16 1 LANCE RAMBOUSEK P01212867 7012231717 2018-10-16 24.111.88.202 2018-10-16 11:35:18 CD P 22FFA770B933ACAD265FC73D1D55DCF0D2D4E97F 13061C68C0413A1C54A7C58C40CB071F0F78B91C 2017 2019-02-21 02:37:17Z ALEX CRAIGMILE PO BOX 297 FLASHER ND 585350297 21514652 0 X WWW.MORGRANSOU.COM X 1940 ND PROVIDE ELECTRIC UTILITY SERVICE 9 9 23 0 -24575 -24019 0 0 20200407 20334110 167154 157024 1324359 1023518 21691920 21514652 6498 9154 2209850 1326787 855925 1441568 0 0 0 18619647 18737143 21691920 21514652 0 0 94869536 91415386 57825738 54084768 37043798 37330618 MOR-GRAN-SOU ELECTRIC COOPERATIVE IS DEDICATED TO PROVIDING AFFORADABLE, RELIABLE ENERGY & SERVICES THAT SUPPORT AND UNITE OUR MEMBER-OWNERS. 0 0 MOR-GRAN-SOU PROVIDES RELIABLE, AFFORDABLE ENERGY TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 147 0 1 23 1 1 1 0 0 0 0 0 0 20334110 1180542 0 X 9 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ALEX CRAIGMILE 7015973301 202 6TH AVE W FLASHER ND 58535 X MARK DOLL DIRECTOR 6.00 X 6800 0 0 VERN FREDERICK DIRECTOR 6.00 X 6100 0 0 JAY LARSON DIRECTOR 6.00 X 5800 0 0 CASEY WELLS DIRECTOR 6.00 X 8200 0 0 LELAND BARTH PRESIDENT 6.00 X X 5500 0 0 ROBERT LEINGANG DIRECTOR 6.00 X 4700 0 0 CHAD HARRISON DIRECTOR 6.00 X 8400 0 0 LANCE FROELICH DIRECTOR 6.00 X 4900 0 0 BONNIE TOMAC SECRETARY/TREASURER 6.00 X X 6800 0 0 DON FRANKLUND IEA EMPLOYEE CO-MANAGER 0.00 X 0 0 0 CHRIS BAUMGARTNER IEA EMPLOYEE CO-MANAGER (THROUGH AUGUST 2017) 0.00 X 0 0 0 TRAVIS KUPPER IEA EMPLOYEE CFO 0.00 X 0 0 0 RANDY RESSLER OPERATIONS MANAGER 40.00 X 127093 0 76912 JACQELINE MILLER CHIEF OF STAFF 40.00 X 124600 0 65724 CYNTHIA TERNES MANAGER OF ADMININSTRATIVE 40.00 X 111632 0 62371 JASON HELGESON SENIOR ENGINEERING TECHNICIAN 40.00 X 106190 0 77703 JESSE KUHN ENGINEERING TECHNICIAN 40.00 X 102988 0 63574 DOUG NAGEL GENERAL FOREMAN 40.00 X 103506 0 55455 GARY FITTERER LEADMAN 40.00 X 102241 0 40739 835450 0 442478 7 0 1 0 BOLDT POWER INC PO BOX 57 ISABEL SD 57633 LINE CONSTRUCTION 1047622 FISHER CONTRACTING 3335 SARATOGA AVE BISMARCK ND 58501 HEAVY/HIGHWAY CIVIL CONTRACTOR 796798 INNOVATIVE ENERGY ALLIANCE COOPERATIVE 4585 COLEMAN ST BISMARCK ND 58503 PROFESSIONAL SERVICES 685880 JACOBSEN TREE EXPERTS INC 8109 S BRETT AVENUE SIOUX FALLS SD 57108 TREE AND SHRUB MAINTENANCE/REMOVAL SERVI 199553 4 SALE OF ELECTRICITY 221000 20334110 20334110 20334110 157024 157024 CAPITAL CREDITS 900099 762263 762263 MISCELLANEOUS 900099 285830 285830 K-1 WDUS HOLDINGS 230000 -24575 -24575 1023518 21514652 21382203 -24575 157024 9154 1326787 835450 461213 144905 198019 2116490 2648960 COST OF POWER 9346694 DISTRIBUTION - MAINTENA 1071415 TRANSMISSION EXPENSE 1013133 DISTRIBUTION - OPERATIO 939858 1402574 21514652 2059235 1526864 9750000 7750000 2578593 0 2495866 2304640 15993 7962 1366924 1693803 46225 20655 100987298 32516488 66924072 68470810 8837408 8977590 795220 663062 94869536 91415386 1905570 1972878 52130755 48299760 3789413 3812130 57825738 54084768 X 0 0 0 0 37043798 37330618 37043798 37330618 94869536 91415386 X 0 286820 X X 0 1 X 1 0 407670 407670 2890639 841154 2049485 92595094 31675334 60919760 5093895 5093895 68470810 MEMBERSHIPS 5050 C PATRONAGE CAPITAL CREDITS 6789354 C INVESTMENT IN WDUS HOLDINGS 1474044 C FEDERATED STOCK 161976 C PATRONAGE CAPITAL CREDITS FROM NONPROFIT 344490 C COBANK CLASS "E" STOCK 202676 C 8977590 DEFERRED CREDITS 3812130 3812130 X 21514652 0 21514652 0 21514652 20187865 0 20187865 1326787 1326787 21514652 PART X, LINE 2: FIN 48 DISCLOSURE--IT IS THE OPINION OF MANAGEMENT THAT THE COOPERATIVE HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL INCOME TAX RETURNS OF THE COOPERATIVE ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATION OF CURRENT YEAR NET INCOME TO MEMBERS-PARTRONAGE CAPITAL 1,326,787. 1 ND COUNCIL TO THE ARTS 1600 EAST CENTURY AVE SUITE 6 BISMARCK ND 58503 450283965 501(C)(3) 5000 DONATION PART I, LINE 2: ALL CONTRIBUTION REQUESTS ARE REVIEWED AND APPROVED BY THE FULL BOARD. CONTRIBUTIONS ARE MADE TO ONLY ELIGIBLE ORGANIZATIONS THAT ARE PROVIDING SERVICES OR HELP WITHIN THE COOPERATIVE'S SERVICE AREA. CONTRIBUTIONS MUST BE USED FOR THE ELIGIBLE CHARITABLE PURPOSES. 0 0 0 RANDY RESSLER OPERATIONS MANAGER 127093 0 0 0 0 0 52177 0 24735 0 204005 0 0 0 JACQELINE MILLER CHIEF OF STAFF 124600 0 0 0 0 0 42025 0 23699 0 190324 0 0 0 CYNTHIA TERNES MANAGER OF ADMININSTRATIVE 111632 0 0 0 0 0 39166 0 23205 0 174003 0 0 0 JASON HELGESON SENIOR ENGINEERING TECHNICIAN 106190 0 0 0 0 0 55154 0 22549 0 183893 0 0 0 JESSE KUHN ENGINEERING TECHNICIAN 102988 0 0 0 0 0 41342 0 22232 0 166562 0 0 0 DOUG NAGEL GENERAL FOREMAN 103506 0 0 0 0 0 33099 0 22356 0 158961 0 0 0 INNOVATIVE ENERGY ALLIANCE COOPERATIVE DON FRANKLUND AND CHRIS BAUMGARTNER ARE OFFICERS OF BOTH ENTITIES 712794 PAYMENTS FOR MANAGEMENT AND OTHER SERVICES PERFORMED 0 FORM 990, PART VI, SECTION A, LINE 3 INNOVATIVE ENERGY ALLIANCE IS A SEPARATE LLC FORMED BY FOUR ELECTRIC COOPERATIVES IN THE STATE OF NORTH DAKOTA TO PROVIDE MANAGEMENT AND ADVISORY SERVICES TO THE FOUR COOPERATIVES. MOR GRAN SOU COOPERATIVE HAS HIRED INNOVATIVE ENERGY ALLIANCE TO PROVIDE MANAGEMENT, HUMAN RESOURCES AND INFORMATION SERVICES. FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUALS AND ENTITIES RECEIVING ELECTRICAL POWER FROM THE COOPERATIVE ARE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS MAY VOTE. MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B AT THE ANNUAL MEETING, ALL BYLAW CHANGES MUST BE APPROVED BY THE MEMBERS AND THE MEMBERS MAY VOTE ON MOTIONS CONCERNING THE OPERATIONS OF THE COOPERATIVE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY TO BE REVIEWED AND APPROVED AT A MONTHLY BOARD MEETING PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS ARE REQUIRED TO ANUALLY SIGN A CONFLICT OF INTEREST POLICY AND UPDATE THE BOARD MEMBERS AY TIME A CONFLICT ARISES. FORM 990, PART VI, SECTION B, LINE 15 COSTS FOR MANAGEMENT WERE COMPARED TO STATE AVERAGES, PRIOR WAGES, AND APPROVED BY THE FULL BOARD AFTER BOARD DELIBERATION. PAY IS REVIEWED ANNUALLY. CHANGES ARE BASED ON MERIT, CPI AND COMPARATIVE WAGES. BOARD OF DIRECTORS MUST APPROVE. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND ANNUAL FINANCIAL STATEMENTS AVAILABLE TO THEIR MEMBERS ON THE ORGANIZATION'S WEBSITE. ANNUAL FINANCIALS ARE PRESENTED AT THE ANNUAL MEMBERSHIP MEETING EACH YEAR IN JULY. GOVERNING DOCUMENTS ARE MADE AVAILABLE TO EACH MEMBER WHEN THEY INITIALLY BECOME A MEMBER. FORM 990, PART VII DON FRANKLUND, CHRIS BAUMGARTNER, AND TRAVIS KUPPER ARE EMPLOYEES OF INNOVATIVE ENERGY ALLIANCE COOPERATIVE, A SEPARATE UNRELATED ENTITY THAT PROVIDES MANAGEMENT SERVICES TO RURAL ELECTRIC COOPERATIVES IN NORTH DAKOTA. FORM 990, PART VII, SECTION A, COLUMN F INCLUDED IN COLUMN F, ESTIMATED AMOUNT OF OTHER COMPENSATION, IS THE ESTIMATED ANNUAL INCREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN. THE ESTIMATED INCREASE FOR ALL INDIVIDUALS LISTED ON THE TABLE IS AS FOLLOWS: RANDY RESSLER - $52,177 JACQUELINE MILLER - $42,025 CYNTHIA TERNES - $39,166 JASON HELGESON - $55,154 JESSE KUHN - $41,342 DOUG NAGEL - $33,099 GARY FITTERER - $34,610 THIS AMOUNT IS AN ESTIMATE OF THE INCREASE OF THE VALUE OF THE PLAN AND IS NOT A CURRENT YEAR EXPENSE OF THE COOPERATIVE, THEREFORE THESE AMOUNTS HAVE NOT BEEN CARRIED OVER TO OFFICER/DIRECTOR COMPENSATION ON THE STATEMENT OF FUNCTIONAL EXPENSE FOR THE APPLICABLE INDIVIDUALS. FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -1,039,967. ALLOCATED CAPITAL CREDITS 1,326,787. FORM 990, PART XI, LINE 2 (C) THERE WAS NO CHANGE IN THE OVERSIGHT OR SELECTION PROCESS OF THE INDEPENDENT AUDITORS. THE FULL BOARD OF DIRECTORS REVIEWED AND APPROVED THE INDEPENDENT AUDITORS. PART IX, LINE 4 THE AMOUNT ON THIS LINE IS FOR PARTONAGE DIVIDENDS. THE COOPERATIVE HAS INTERPRETED PATRONAGE DIVIDENDS TO MEAN THE AMOUNT OF CAPITAL CREDITS THAT WERE ALLOCATED TO MEMBERS IN THE CURRENT YEAR. WDUS HOLDINGS LLC 4001 30TH AVE NW MANDAN ND 58554 473324612 PROVIDE CONSTRUCTION SERVICES TO ELECTRIC COOPERATIVES ND UNRELATED -100480 1989734 0 0 0.33330 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 WDUS HOLDINGS LLC M 78204 ACTUAL COST