2018-11-02T08:56:13-07:00 2017-12-31 990 2017-01-01 930958642 OREGON TRAIL ELECTRIC CONSUMERS COOPERATIVE INC OREG 5415233616 PO BOX 226 BAKER CITY OR 97814 LES M PENNING CEO 2018-11-02 2017 2019-02-21 02:37:17Z 56016818 false false X OTECC.COM X 1988 OR To use the Cooperative way of business to provide reliable electric service in a manner that will enhance the economy and the quality of life of the area; to achieve an atmosphere that encourages and supports employees in the pursuit of consumer satisfaction. 9 9 89 0 0 53010091 54858769 131186 181012 972477 977037 54113754 56016818 0 3265894 3427832 1588679 1445311 0 0 49259181 51143675 54113754 56016818 0 133358159 132892115 59182929 58166509 74175230 74725606 To use the Cooperative way of business to provide reliable electric service in a manner that will enhance the economy and the quality of life of the area; to achieve an atmosphere that encourages and supports employees in the pursuit of consumer satisfaction. false false PROVIDE ELECTRIC SERVICE TO OUR MEMBER - OWNERS false false false false false false false false false true true false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 55 0 true 89 true false false false false false false false false false 54314728 2164669 false false false X 9 9 false false false false true true true true true false true false true true true true true true true true false X X ANTHONY BAILEY 5415233616 4005 23rd ST BAKER CITY OR BAKER CITY OR 978140226 CHARLES HOFMANN Director 3.00 0.00 X 10800 0 0 GREG HOWARD Director 5.00 0.00 X 28000 0 0 ROBERT CARGILL DIRECTOR 5.00 0.00 X 22200 0 0 ALETHA BONEBRAKE Director 5.00 0.00 X 17200 0 0 AUSTIN BINGAMAN Vice President 4.00 0.00 X X 26750 0 0 GEORGE GALLOWAY President 5.00 0.00 X 23550 0 0 DAVID BAUM Director 5.00 0.00 X 22550 0 0 GARY MILLER Director 8.00 0.00 X 20050 0 0 WAYNE OVERTON Director 5.00 0.00 X X 22250 0 0 CHARLENE CHASE Secretary 5.00 0.00 X X 24350 0 0 WERNER G BUEHLER EXITING CEO 60.00 0.00 X 273367 0 11429 ANTHONY C BAILEY CFO 55.00 0.00 X 164621 0 111485 LES M PENNING CEO 60.00 0.00 X 255505 0 145151 EDWARD RATTERMAN MGR OF OPERATIONS AND ENGINEERING 55.00 0.00 X 172507 0 93546 CHARLES TRACY SYSTEM ENGINEER 45.00 0.00 X 132075 0 37552 KEVIN HEASTY LINEMAN/SERVICEMAN 47.00 0.00 X 127931 0 62973 TOM HIGGINS LINE FOREMAN 45.00 0.00 X 127878 0 32134 VERNON MCCLUSKEY DISTRICT SUPER. 50.00 0.00 X 127358 0 47043 DEBBY RAY DIR. OF HUMAN RES. 45.00 0.00 X 125007 0 70975 1723949 612288 9 false true false JENSENS TREE SERVICE PO BOX 500 GLENDALE OR 97442 TREE TRIMMING THE TREE SERVICE PO BOX 17 BURNS OR 97720 TREE TRIMMING SOUTHEASTERN DATA COOPERATIVE INC 100 ASHFORD DRIVE SUITE 500 ATLANTA GA 30338 SOFTWARE & BILLING OSMOSE UTILITIES SERVICES INC 980 ELLICOTT STREET BUFFALO NY 142092398 POLE TESTING ALTEC INDUSTRIES INC 5202 E 36 HWY ST JOSEPH MO 64507 CUSTOM VEHICLE BUILD 0 0 ELECTRIC ENERGY SALES 221000 53953420 53953420 OTHER ELECTRIC REVENUE 221000 698295 698295 PATRONAGE DIVIDENDS 221000 78684 78684 POLE RENTAL INCOME 221000 128370 128370 54858769 181012 181012 0 0 0 0 0 0 0 BPA EXCHANGE SETTLEMENT 221000 973383 973383 SALE OF MAT'LS TO MEMBERS 221000 3654 3654 977037 56016818 55809764 207054 0 0 0 3427832 3427832 1445311 1227611 200500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2279064 2279064 0 4768474 4768474 0 PURCHASED POWER EXPENSE 27475859 27475859 DISTRIBUTION EXPENSE 6919182 6919182 ADM.& GEN. EXPENSE 5194240 5194240 CUST. ACCTS, INFO EXP.& SALES 2326185 2326185 2180671 2180671 56016818 55799118 200500 0 4360 4360 8209149 9618889 0 6673224 6409003 0 0 92508 92508 3824775 2808380 3793516 3280778 158208667 55266290 103089702 102942377 0 7670925 7735820 0 0 0 133358159 132892115 8613650 8873299 49581512 48813762 987767 479448 59182929 58166509 X 1539992 1625279 72635238 73100327 74175230 74725606 133358159 132892115 X 0 550376 X false true X true false 368739 368739 12456952 3270801 9186151 10821198 6452845 4368353 134561778 45542644 89019134 102942377 7735820 Contrib. In Aid Const. 479448 479448 true X X X X X X false true false ANTHONY C BAILEY CFO 144221 20400 96887 14598 276106 CHARLES TRACY SYSTEM ENGINEER 120618 11457 25964 11588 169627 DEBBY RAY DIR. OF HUMAN RES. 122538 2469 62432 8543 195982 EDWARD RATTERMAN MGR OF OPERATIONS AND ENGINEERING 145659 26848 82763 10783 266053 KEVIN HEASTY LINEMAN/SERVICEMAN 81514 46417 50468 12505 190904 LES M PENNING CEO 253220 2285 131138 14013 400656 TOM HIGGINS LINE FOREMAN 95026 32852 23682 8452 160012 VERNON MCCLUSKEY DISTRICT SUPER. 120222 7136 33991 13052 174401 WERNER G BUEHLER EXITING CEO 220077 53290 1688 9741 284796 Part III, Additional Information The compensation for 2017 for Werner G. Buehler included $38,331 of "Other Reportable Compensation" paid during the year originated from a Non-Qualified Deferred Compensation Plan. Client Note 1 Client Note 1 - OREGON TRAIL ELECTRIC CONSUMERS COOPERATIVE, INC.TAX YEAR ENDED DECEMBER 31, 2017FORM 990, PAGE 5, PART V, LINE 11b 93-0958642GROSS INCOME RECEIVED FROM OTHER SOURCES:INTEREST INCOME $ 181,012CAPITAL CREDIT DISCOUNTS TAKEN 85,287CAPITAL CREDITS REC'D - CFC 166,047CAPITAL CREDITS - OTHER 78,684OTHER NON OPERATING INCOME 3,654CONTRIBUTION IN AID OF CONSTRUCTION 856,036C&R DISCOUNT 793,949 TOTAL GROSS INCOME RECEIVED FROM OTHER SOURCES $2,164,669 Client Note 2 Client Note 2 - ANALYSIS OF PLANT AND ACCUMULATED DEPRECIATION TOTAL ELECTRIC PLANT AS OF 12/31/2017 DATE COST ORPROPERTY ELECTRIC PLANT ACQUIRED OTHER BASISPRODUCTION 88-93 $2,531TRANSMISSION 88-17 $ 12,378,751DISTRIBUTION 88-17 $106,337,212GENERAL PLANT 88-17 $ 23,083,134INTANGIBLE PLANT 88-89 $ 370,520CONSTRUCTION IN PROGRESS 13-17 $ 1,303,395 ACQUISTION ADJUSTMENT 88-89 $ 10,107,659COMPLETED CONSTR/LEASED PLANT 91-17 $ 4,625,465TOTAL PLANT $158,208,667 ANALYSIS OF CHANGES IN ACCUMULATED DEPRECIATION AS OF 12/31/2017ACCUMULATED DEPRECIATION TOTAL 1. BALANCE BEGINNING OF YEAR $52,546,432 2. ADDITIONS - DEPRECIATION ACCRUALS CHARGED TO: A. DEPRECIATION EXPENSE $ 4,768,474 B. CLEARING ACCOUNTS AND OTHERS $ 303,914 C. SUBTOTAL (A+B) $ 5,072,388 3. LESS - PLANT RETIREMENTS: A. PLANT RETIRED $ 2,413,032 B. REMOVAL COSTS $ 386,870 C. SUBTOTAL (A+B) $ 2,799,902 4. PLUS SALVAGED MATERIALS $ 335,536 5. TOTAL (2c-3c+4) $ 2,608,022 6. OTHER ADJUSTMENTS - DEBIT OR CREDIT $ -- 7. BALANCE END OF YEAR (1+5+6) $55,154,454 8. LESS RETIREMENT WORK IN PROGRESS $ 111,836 9. TOTAL ACCUMULATED DEPRECIATION $55,266,290 Client Note 3 Client Note 3 - OTHER SELECTED DISCLOSURES FOR THE YEAR ENDED DECEMBER 31, 2017BECAUSE A UTILITY'S BOOKS AND RECORDS ARE NOT MAINTAINED ON A METHOD TO PROVIDE THE DISCLOSURES REQUESTED IN PART IX OF FORM 990, THE FOLLOWING DISCLOSURES ARE INCLUDED AS ADDITIONAL INFORMATION. AMOUNTS CAPITALIZED REPRESENT COSTS THAT WERE INCLUDED IN THE CONSTRUCTION OF ELECTRIC PLANT, RATHER THAN BEING EXPENSED DURING THE CURRENT PERIOD. SOME AMOUNTS MAY BE ESTIMATED.TOTAL SALARIES AND WAGES $7,723,748 CAPITALIZED PAYROLL INCLUDED ABOVE 1,307,358AMOUNTS LISTED BELOW INCLUDE BOTH EXPENSED AND CAPITALIZED AMOUNTS:PENSION CONTRIBUTIONS 2,358,051OTHER EMPLOYEE BENEFITS 1,805,010PAYROLL TAXES 670,847 LEGAL FEES 119,761ACCOUNTING FEES 31,040OTHER CONSULTANTS 11,595ADVERTISING AND PROMOTION 48,986 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder There is only one class of membership for all residential, commercial, irrigation and industrial customers. Anyone that buys power from the cooperative is a member, unless they specifically decline membership when they sign up to receive service. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body The cooperative is governed by a nine member board of directors. The Board of Directors appoints a nominating committee in each operating district of the cooperative. The members of the nominating committee in are published in local media in each district in a press release that includes the general qualifications to become a board member. In addition to those nominated by the committtee, members can be placed on the ballot if a petition is presented to the Board of Directors that contains 50 signatures of members (subject to time limitations as outlined in the bylaws of the cooperative).The directors serve three year terms. Ballots are mailed to all members prior to the annual meeting and are counted at the meeting. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders The Board of Directors is elected from the members of the cooperative. All changes in bylaws, or a sale of the cooperative does require a vote of the membership. Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is reconciled to the audited financial statements for the year. The answers to the governance, management policies, gross revenue test and compensation sections are reviewed in detail. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The cooperative has a board policy whereby each board member is required annually to complete a detailed disclosure statement and certification of compliance with the Conflict of Interest Policy. If any board member has a conflict with an issue, before the item is discussed, the board member leaves the meeting.Officers and Key Employees complete a detailed checklist annually documenting potential conflicts of interest, if any. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees OTEC has had a compensation study completed by industry consultants that is updated annually. The consultant works with the Human Resourses Department to update job descriptions and job duties prior to the consultant updating the study.The Board of Directors has a compensation committee that is responsible for making a recommendation to the entire Board of Directors for adjustments to the CEO's compensation. As a part of the process, the Board of Directors set annual goals for the CEO. Based on those goals, the compensation committee prepares a performance review on which any pay adjustment is based.All employees have annual performance reviews prepared during the annual compensation adjustment process. The performance appraisals and compensation study are utilized in determining annual adjustments to Officers and Key Employees. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Form 990 is available on Guidestar.org. Condensed financial statements are published in Ruralite Magazine prior to our annual meeting every spring. Selected policies are available on our Website at OTECC.com, additionally, policies may be obtained by coming into our Headquarters office. Other Changes In Net Assets Or Fund Balances - Other Increases Current Year Net Operating Margins Allocated = $3427832 Other Changes In Net Assets Or Fund Balances - Other Increases Decedent Retirement Discounts = $85287 Other Changes In Net Assets Or Fund Balances - Other Increases Increase in Memberships and Donated Capital = $1 Other Changes In Net Assets Or Fund Balances - Other Decreases Retirement of Patronage Capital = -$2962744 FORM 990, PART I, LINE 14 - BENEFITS PAID TO MEMBERS THE AMOUNT INCLUDED ON THIS LINE, REPRESENTS CAPITAL CREDITS ALLOCATED TO MEMBERS FOR THE CURRENT TAX YEAR (ALLOCATED AFTER THE END OF THE YEAR THE MARGINS WERE EARNED). THIS AMOUNT ALSO APPEARS IN FORM 990 PART IX, LINE 4; FORM 990 PAGE 12, LINE 9 TO RECONCILE CHANGES IN NET ASSETS; AND FORM 990, SCHEDULE D, SECTION XII, LINE 4B AS A RECONCILING ITEM TO ARRIVE AT EXPENSES PER AUDIT. CURRENT YEAR MARGINS $3,427,832. CAPITAL CREDITS RETIRED DURING 2017 WERE $2,962,744.