HOLY CROSS ELECTRIC ASSOC INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- HOLY CROSS ELECTRIC ASSOC INC (EIN 84-0229176)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-10-25
- IRS object ID
- 201702989349300915
- Schema version
- 2016v3.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-10-25T08:21:44-07:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kevin S Kelso CPA PC PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6700 Squibb Rd Ste 215 | AddressLine1Txt |
| City | Mission | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840229176 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLY CROSS ELECTRIC ASSOCIATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HOLY | BusinessNameControlTxt |
| Phone | 9709455491 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2150 | AddressLine1Txt |
| City | GLENWOOD SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 816022150 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRYAN HANNEGAN | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 9709455491 | PhoneNum |
| Signature | 2017-10-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAREL W PACKARD CPA | PreparerPersonNm |
| Phone | 9138311150 | PhoneNum |
| Preparation | 2017-10-25 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 65.28.89.164 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-10-25 | IPDt |
| IP Tm | 08:21:36 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 9FF8264537AE78A0731FCA89D95B78A279D760B7 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 9FF8264537AE78A0731FCA89D95B78A279D760B7 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | BRYAN HANNEGAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2150 | AddressLine1Txt |
| City | GLENNWOOD SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $122,385,149 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.holycross.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1939 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | HOLY CROSS IS COMMITTED TO PROVIDING ITS MEMBERS WITH THE BEST POSSIBLE SERVICES AT A REASONABLE AND COMPETITIVE COST CONSISTENT WITH SOUND BUSINESS AND ENVIRONMENTAL PRACTICES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 177 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $119,372,436 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $122,187,219 | CYProgramServiceRevenueAmt |
| PY Investment Income | $94,066 | PYInvestmentIncomeAmt |
| CY Investment Income | $147,490 | CYInvestmentIncomeAmt |
| PY Other Revenue | $793,713 | PYOtherRevenueAmt |
| CY Other Revenue | -$37,514 | CYOtherRevenueAmt |
| PY Total Revenue | $120,260,215 | PYTotalRevenueAmt |
| CY Total Revenue | $122,297,195 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $8,353,754 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $11,222,242 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,396,982 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $99,764,186 | PYOtherExpensesAmt |
| CY Other Expenses | $102,102,468 | CYOtherExpensesAmt |
| PY Total Expenses | $110,986,428 | PYTotalExpensesAmt |
| CY Total Expenses | $121,853,204 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,273,787 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $443,991 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $319,302,366 | TotalAssetsBOYAmt |
| Total Assets EOY | $320,112,709 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $207,169,595 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $205,422,461 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $112,132,771 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $114,690,248 | NetAssetsOrFundBalancesEOYAmt |
| Mission | HOLY CROSS IS COMMITTED TO | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | PROVIDE ELECTRIC SERVICE TO MEMBERS | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (true) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 64 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 177 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $118,570,997 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $6,026,487 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | false | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MINDY TAGLER | PersonNm |
| Phone | 9709455491 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3799 HIGHWAY 82 | AddressLine1Txt |
| City | GLENWOOD SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81602 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| KRISTEN BERTUGLIA | |||||||
| DIRECTOR | 5.00 | Yes (X) | $18,800 | $0 | $0 | ||
| LYNN DWYER | |||||||
| DIRECTOR | 5.00 | Yes (X) | $11,800 | $0 | $0 | ||
| ROBERT GARDNER | |||||||
| DIRECTOR | 5.00 | Yes (X) | $20,000 | $0 | $0 | ||
| MEGAN GILMAN | |||||||
| DIRECTOR | 5.00 | Yes (X) | $22,800 | $0 | $0 | ||
| MICHAEL GLASS | |||||||
| DIRECTOR | 5.00 | Yes (X) | $12,400 | $0 | $0 | ||
| DAVE MUNK | |||||||
| DIRECTOR | 5.00 | Yes (X) | $29,400 | $0 | $0 | ||
| ADAM PALMER | |||||||
| DIRECTOR | 5.00 | Yes (X) | $15,200 | $0 | $0 | ||
| DELVAN WORLEY | |||||||
| CEO | 45.00 | $395,678 | $0 | $115,336 | Yes (X) | ||
| TIM CHARLTON | |||||||
| CFO | 45.00 | $186,472 | $0 | $78,315 | Yes (X) | ||
| MELINDA TAGLER | |||||||
| VP, FINANCE | 45.00 | $170,042 | $0 | $78,150 | Yes (X) | ||
| RICK ARNHOLD | |||||||
| VP, EAGLE/VAIL DIST. | 45.00 | $177,303 | $0 | $115,543 | Yes (X) | ||
| DAVID BLEAKLEY | |||||||
| VP, ENGINEERING | 45.00 | $176,574 | $0 | $91,153 | Yes (X) | ||
| FARSHIDEH JAHANI | |||||||
| VP, IT | 45.00 | $175,617 | $0 | $79,925 | Yes (X) | ||
| DIANA GOLIS | |||||||
| VP, POWER SUPPLY | 45.00 | $175,125 | $0 | $100,028 | Yes (X) | ||
| DAVID O'NEIL | |||||||
| VP, GLENWOOD DIST. OPERATIONS | 45 | $170,576 | $85,648 | Yes (X) | |||
| JOHN ROWLEY | |||||||
| VP, HUMAN RESOURCES | 45 | $169,477 | $79,416 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,927,264 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $823,514 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 53 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| VAUGHAN CONSTRUCTION CO LLC | |||||
| 259 CO RD 320 | RIFLE | CO | 81650 | STEEL BUILDING CONSTRUCTION | $2,418,721 |
| ADVANCED UNDERGROUND CONSTRUCTION LLC | |||||
| PO BOX 67 | GLENWOOD SPRINGS | CO | 81602 | UNDERGROUND BORING SERVICES | $1,679,340 |
| USIC LOCATING SERVICES INC | |||||
| PO BOX 713359 | CINNCINNATI | OH | 45271 | UNDERGROUND LOATING SERVICES | $339,093 |
| MCCARTER & ENGLISH LLP | |||||
| 100 MULBERRY ST | NEWARK | NJ | 07102 | PROFESSIONAL FEES | $284,184 |
| TRI STATE G&T ASSN | |||||
| PO BOX 33695 | DENVER | CO | 80233 | TRANSMISSION SERVICES | $130,043 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt |
|---|---|---|
| ELECTRIC DISTRIBUTION | 221000 | $118,570,997 |
| OTHER ELECTRIC REVENUE | 221000 | $2,590,515 |
| RENT FROM ELECTRIC PROPERTY | 221000 | $197,219 |
| CAPITAL CREDITS | 221000 | $828,488 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $122,187,219 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $147,490 | TotalRevenueColumnAmt |
| Exclusion | $147,490 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $48,066 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $87,954 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | -$39,888 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$39,888 | TotalRevenueColumnAmt |
| Exclusion | -$39,888 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CREDIT CARD REBATE | Desc |
| Business | 221000 | BusinessCd |
| Total Revenue Column | $2,374 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,374 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,374 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $122,297,195 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $122,189,593 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $107,602 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,353,754 | TotalAmt |
| Program Services | $8,353,754 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,927,264 | TotalAmt |
| Program Services | $1,927,264 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,469,718 | TotalAmt |
| Program Services | $9,469,718 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,500,394 | TotalAmt |
| Program Services | $8,500,394 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,469,513 | TotalAmt |
| Program Services | $12,469,513 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| COST OF POWER | $49,215,398 | $49,215,398 | $0 | $0 |
| POWER PRODUCTION EXPENSE | $10,645,675 | $10,645,675 | $0 | $0 |
| TRANSMISSION EXPENSE | $1,802,388 | $1,802,388 | $0 | $0 |
| DISTIBUTION - OPERATIONS | $6,681,081 | $6,681,081 | $0 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,788,019 | TotalAmt |
| Program Services | $12,788,019 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $121,853,204 | TotalAmt |
| Program Services | $121,853,204 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,481,958 | BOYAmt |
| EOY | $7,104,699 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,600,314 | BOYAmt |
| EOY | $4,100,465 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,866,793 | BOYAmt |
| EOY | $10,300,071 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,138,856 | BOYAmt |
| EOY | $3,376,298 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,290,141 | BOYAmt |
| EOY | $1,802,504 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $408,189,364 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $125,399,636 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $285,522,018 | BOYAmt |
| EOY | $282,789,728 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,219,641 | BOYAmt |
| EOY | $8,818,169 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $182,645 | BOYAmt |
| EOY | $1,820,775 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $319,302,366 | BOYAmt |
| EOY | $320,112,709 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,262,411 | BOYAmt |
| EOY | $20,091,078 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,188,102 | BOYAmt |
| EOY | $14,867,532 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $170,719,082 | BOYAmt |
| EOY | $170,463,851 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $207,169,595 | BOYAmt |
| EOY | $205,422,461 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,212,008 | BOYAmt |
| EOY | $48,265,380 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,920,763 | BOYAmt |
| EOY | $66,424,868 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $112,132,771 | BOYAmt |
| EOY | $114,690,248 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $319,302,366 | BOYAmt |
| EOY | $320,112,709 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $443,991 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $2,113,486 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,715,885 | OtherCostOrOtherBasisAmt |
| Book Value | $3,715,885 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $55,452,108 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,414,600 | DepreciationAmt |
| Book Value | $47,037,508 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $20,158,144 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,480,616 | DepreciationAmt |
| Book Value | $5,677,528 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $328,863,227 | OtherCostOrOtherBasisAmt |
| Depreciation | $102,504,420 | DepreciationAmt |
| Book Value | $226,358,807 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $282,789,728 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Other | THE COOPERATIVES FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED APRIL 30, 2017 WERE EXAMINED BY INDEPENDANT AUDITORS. THE COOPERATIVE PREPARES THIS INCOME TAX RETURN ON A CALENDAR YEAR BASIS. |
| Pt X, Line 2 | AN EVALUATION OF WHETHER OR NOT IT HAS ANY UNCERTAIN TAX POSITIONS IS DETERMINED ON AN ANNUAL BASIS BY THE ASSOCIATION. WHILE THE ASSOCIATION BELIEVES IT HAS ADEQUATELY PROVIDED FOR ALL TAX POSITIONS, AMOUNTS ASSERTED BY TAXING AUTHORITIES COULD BE DIFFERENT THAN THE POSITIONS TAKEN BY THE ASSOCIATION. THE ASSOCIATION RECOGNIZES ANY INTEREST AND PENALTIES ASSESSED BY TAXING AUTHORITIES IN INCOME TAX EXPENSE AND, WITH FEW EXCEPTIONS, IS NO LONGER SUBJECT TO FEDERAL, STATE, OR LOCAL INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2013. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|
| DELVAN WORLEY | |||
| $395,679 | $64,809 | $50,527 | $511,015 |
| TIM CHARLTON | |||
| $186,472 | $49,259 | $29,056 | $264,787 |
| MELINDA TAGLER | |||
| $170,042 | $35,512 | $42,638 | $248,192 |
| RICK ARNHOLD | |||
| $177,303 | $72,572 | $42,791 | $292,666 |
| DAVID BLEAKLEY | |||
| $176,574 | $47,954 | $43,199 | $267,727 |
| FARSHIDEH JAHANI | |||
| $175,617 | $45,414 | $34,511 | $255,542 |
| DIANA GOLIS | |||
| $175,125 | $65,596 | $34,432 | $275,153 |
| DAVID O'NEIL | |||
| $170,577 | $43,010 | $42,637 | $256,224 |
| JOHN ROWLEY | |||
| $169,477 | $36,798 | $42,619 | $248,894 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| DAWN CHARLTON | |||
| EMPLOYEE | $56,959 | WAGES | false |
| MICHAEL GLASS | |||
| MGR OF ALPINE BANK, VAIL CO | $12,400 | DIRECTOR FEES | false |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (22 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt VI, Line 6 | MEMBER OWNED COOPERATIVE |
| Pt VI, Line 7a | MEMBERS NOMINATE AND ELECT THE BOARD OF DIRECTORS |
| Pt VI, Line 7b | MERGERS AND CONSOLIDATIONS REQUIRE APPROVAL BY A 2/3 MAJORITY VOTE OF THE MEMBERS. |
| Pt VI, Line 8a | MINUTES ARE TAKEN AT ALL BOARD MEETINGS |
| Pt VI, Line 8b | NO COMMITTEE HAS THE AUTHORITY TO ACT FOR THE BOARD OF DIRECTORS. |
| Pt VI, Line 11b | REVIEWED BY CEO, VP OF FINANCE & ACCOUNTING SUPERVISOR PRIOR TO FILING. BOARD OF DIRECTORS RECEIVES DRAFT OF THE RETURN FOR REVIEW. |
| Pt VI, Line 12c | EACH DIRECTOR MUST SELF CERTIFY ANNUALLYTHAT THEY DO NOT HAVE ANY CONFICTS OF INTEREST AND ARE QUALIFIED TO CONTINUE BEING A DIRECTOR. |
| Pt VI, Line 15a | THE CEO'S COMPENSATION IS SET BY THE BOARD OF DIRECTORS UTILIZING SALARY DATA FOR GM'S STATEWIDE AND NATIONALLY |
| Pt VI, Line 15b | SURVEY DATA FROM MTN ST EMPLOYER'S COUNCIL, CREA AND OTHER COOP SURVEYS UTILIZED TO SET COMPENSATION. |
| Pt VI, Line 19 | DOCUMENTS ARE AVAILABLE ON HCE'S WEBSITE. ALL NEW CONSUMERS ARE SENT A "WELCOME LETTER" EXPLAINING WHERE THE DOCUMENTS CAN BE FOUND. |
| Pt XI | CAPITAL CREDIT REFUNDS TO ESTATES (94,754) |
| Pt XI | RETIRED CAPITAL CREDITS (8,327,564) |
| Pt XI | RETIRED CAPITAL CREDIT GAIN 1,575,907 |
| Pt XI | REISSUED & UNDELIVERED CAP CR CHECKS (41,019) |
| Pt XI | CAPITAL CREDIT ADJUSTMENTS (4,855) |
| Pt XI | VOIDED CAPITAL CREDIT CHECKS 652,017 |
| Pt XI | TOTAL OTHER CHANGES IN NET ASSETS 6,240,268 |
| Other | THE COOPERATIVES FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED APRIL 30, 2017 WERE EXAMINED BY INDEPENDANT AUDITORS. THE COOPERATIVE PREPARES THIS INCOME TAX RETURN ON A CALENDAR YEAR BASIS. |
| Form 990, Part IX, Line 24e | DISTRIBUTION - MAINTENANCE 2475285. 2475285. 0. 0. |
| Form 990, Part IX, Line 24e | CONSUMER ACCOUNTS 2381444. 2381444. 0. 0. |
| Form 990, Part IX, Line 24e | CUSTOMER SERVICE 1806979. 1806979. 0. 0. |
| Form 990, Part IX, Line 24e | ADMIN. & GENERAL 6124311. 6124311. 0. 0. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLY CROSS ROUNDUP FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2150 | AddressLine1Txt |
| City | GLENWOOD SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 264059527 | EIN |
| Legal Domicile State | CO | LegalDomicileStateCd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENERGY AND SERVICES EXPERTS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 2150 | AddressLine1Txt |
| City | GLENWOOD SPRINGS | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841382092 | EIN |
| Primary Activities | DORMANT | PrimaryActivitiesTxt |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Entity Type | C | EntityTypeTxt |
| Share Of EOY Assets | $8,923 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |