2017-07-11T16:37:07-05:00 2016-12-31 391277627 BAUMAN ASSOCIATES LTD PO BOX 1225 EAU CLAIRE WI 547021225 990 2016-01-01 390548758 PRICE ELECTRIC COOPERATIVE PRIC 7153392155 PO BOX 110 PHILLIPS WI 54555 WILLIAM L CAYNOR SR PRESIDENT/ CEO 7153392155 2017-07-07 true NATHAN KALEPP CPA P01320467 7158342001 2017-07-07 37BC717E1966D0B902492C7DC6AC4510502E6028 4C063B422B1BAAEE1649BDD669449643FBAE59BB 2016 2021-01-29 14:40:06Z WILLIAM L CAYNOR SR PO BOX 110 PHILLIPS WI 54555 12579530 false X WWW.PRICE-ELECTRIC.COM X 1940 WI DISTRIBUTE ELECTRIC SERVICE TO RURAL MEMBERS/CONSUMERS 9 9 22 28744 10078 0 12546253 12479537 33777 50725 36680 29420 12616710 12559682 0 751430 740235 327159 360488 0 0 11538121 11458959 12616710 12559682 0 42273458 43085575 23692384 24156581 18581074 18928994 DISTRIBUTE ELECTRIC SERVICE TO RURAL MEMBERS/CONSUMERS false false PRIMARY EXEMPT PURPOSE IS THE DISTRIBUTION OF ELECTRIC SERVICE TO RURAL MEMBERS/CONSUMERS. false false false false false false false false false true false true 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 true 49 0 22 true true true false false false false 12361180 464440 false X 9 9 false false false false true true true true true false false false true true true true true true true false X THE ORGANIZATION 7153392155 PO BOX 110 PHILLIPS WI 54555 FRANCIS GWINN SECRETARY/TR 7.00 X 6511 0 0 EDWARD HAINY PRESIDENT 4.00 X 6434 0 0 RANDY KUNSCH DIRECTOR 4.00 X 5595 0 0 MICHAEL MEIER DIRECTOR 6.00 X 5500 0 0 MIKE ATKINSON DIRECTOR 4.00 X 5255 0 0 KAREN NEWBURY DIRECTOR 4.00 X 4982 0 0 GERALD LUKE DIRECTOR 6.00 X 4536 0 0 MIKE ZIERER DIRECTOR 3.00 X 3595 0 0 KIRK KLASSEN DIRECTOR 3.00 X 3011 0 0 WILLIAM L CAYNOR SR PRESIDENT/ C 50.00 X 150066 0 90461 LOREN ERICKSON MAR-DEC MGR OF FIN A 50.00 X 67934 0 24747 JOANNE KOLB JAN-FEB MGR OF FIN A 50.00 X 18981 0 7102 282400 122310 1 false true false MAKOVSKY BRUSH SERVICE N3852 PRENTICE ROAD PRENTICE WI 54556 RIGHT OF WAY CL 827103 1 ELECTRIC REVENUE 12131877 12131877 OTHER REVENUE 347660 347660 12479537 18405 18405 32320 32320 32320 32320 49268 19848 29420 676 28744 12559682 12164873 28744 366065 740235 360488 956771 1460631 COST OF POWER 5249455 DISTRIBUTION - MAINTENANC 1468744 DISTRIBUTION - OPERATIONS 807878 ADMINISTRATIVE AND GENERA 788107 727373 12559682 0 0 0 336809 169577 1200075 1215671 569188 447874 725055 625373 51324922 16326120 33999455 34998802 5086638 5228345 36413 151035 319825 248898 42273458 43085575 1170560 1229490 22076315 22576219 445509 350872 23692384 24156581 X 18581074 18928994 18581074 18928994 42273458 43085575 0 347920 X false false false 292196 292196 51032726 16326120 34706606 34998802 INVESTMENTS IN ASSOC ORGS 5228345 C 5228345 DEFERRED CREDITS 226638 UNAMORTIZED GAIN 71517 CONSUMER DEPOSITS 52717 350872 X X false false false WILLIAM L CAYNOR SR PRESIDENT/ CEO 150066 71535 18926 240527 FORM 990, PAGE 6, PART VI, LINE 6 EXPLANATION: EACH MEMBER IS ENTITLED TO ONE VOTE PER MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A EXPLANATION: ON A ROTATING BASIS, MEMBERS FROM THREE OF THE NINE DISTRICTS MEET ANNUALLY TO SELECT TWO MEMBERS TO NOMINATE AS CANDIDATES FOR THE OFFICE OF THE BOARD OF DIRECTORS. MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 7B EXPLANATION: EACH MEMBER IS ENTITLED TO ONE VOTE PER MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B EXPLANATION: THE BOARD MEMBERS REVIEW FORM 990 AT THE BOARD MEETING BEFORE IT IS SIGNED AND FILED. THE PRESIDENT/CEO AND MANAGER OF FINANCE AND ADMINISTRATION REVIEW FORM 990 BEFORE IT IS SIGNED. FORM 990, PAGE 6, PART VI, LINE 12C FORM/QUESTIONAIRE IS PROVIDED AT BOARD MEETING FOLLOWING THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 15A EXPLANATION: DIRECTORS OF PRICE ELECTRIC COOPERATIVE REVIEW THE PRESIDENT/CEO'S COMPENSATION ON AN ANNUAL BASIS. THE BOARD IS PROVIDED WITH STATE AND REGIONAL COOPERATIVE COMPARABILITY DATA FROM THE NRECA NATIONAL COMPENSATION SURVEY TO DETERMINE THE PRESIDENT/CEO COMPENSATION. AS PER WAGE AND SALARY ADMINISTRATION BOARD POLICY, THE DIRECTORS ALSO APPROVE A COMPENSATION PLAN FOR ALL OTHER COOPERATIVE EMPLOYEES AND IT IS THE CEO'S RESPONSIBILITY TO ADMINISTER THAT PLAN. THE CEO ESTABLISHES PERFORMANCE RANGES BY POSITION THAT ARE BASED ON THE SAME NRECA SURVEY. DIRECTORS OF PRICE ELECTRIC AUTHORIZE THE CEO TO DETERMINE OTHER OFFICER AND EMPLOYEE COMPENSATION BASED ON THE RANGES AND PERFORMANCE. FORM 990, PAGE 6, PART VI, LINE 15B EXPLANATION: SEE ABOVE FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTATION IS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 ALLOCATION OF MARGINS 740,235 GAIN ON ESTATE RETIREMENTS 30,009 TOTAL CAPITAL CREDIT RETIEMENTS -422,324 TOTAL 347,920