2017-07-21T11:00:00-05:00 2016-12-31 450250958 EIDE BAILLY LLP 200 EAST 10TH ST PO BOX 5125 SIOUX FALLS SD 571175125 990 2016-01-01 460204517 WEST RIVER ELECTRIC ASSOCIATION INC WEST 6052792135 PO BOX 412 WALL SD 57790 RICHARD JOHNSON CEO/GENERAL MANAGER 6052792135 2017-06-26 1 LAURIE HANSON P00851848 6053391999 2017-06-26 199.116.169.108 2017-06-26 10:08:02 CD P 171BAB973F07BBF56AF44147332F3B8F939E6447 B16095FA32523CD326D583884BA37C70A3019BC0 2016 2021-01-29 14:40:06Z ANDY MOON PO BOX 412 WALL SD 57790 37344019 0 X WWW.WESTRIVER.COM X 1939 SD COOPERATIVE - ELECTRICITY TO MEMBERS 9 9 63 0 -18050 -18051 0 0 33160943 36635788 201877 333867 3275 -5252 33366095 36964403 0 0 2149406 3270920 5231553 5499000 0 0 0 25742286 27828831 33123245 36598751 242850 365652 113764613 116298732 79680394 79153152 34084219 37145580 TO PROVIDE SAFE, RELIABLE, EFFICIENT, AND REASONABLY PRICED ELECTRICITY AND SERVICES, WHILE LEADING IN THE DEVELOPMENT OF OUR COMMUNITY FOR THE WELL BEING OF OUR MEMBERS. 0 0 PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 12,898 MEMBERS AND 16,848 METERS. ADDED OR REPLACED 287 METERS. 0 0 0 0 0 0 0 1 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 95 0 1 63 1 1 1 0 0 0 0 35284935 598687 0 X 9 9 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 X DAWN HILGENKAMP 6052792135 PO BOX 412 WALL SD 57790 X ANDY MOON PRESIDENT 7.00 X X 16100 0 10 STAN ANDERS VICE-PRESIDENT 8.10 X X 14900 0 10 WILLIAM BIELMAIER- LEFT 102016 SECRETARY 5.20 X X 12600 0 1 JAMIE LEWIS SECRETARY 8.50 X X 16600 0 10 LARRY EISENBRAUN TREASURER 8.60 X X 16100 0 6 JERRY HAMMERQUIST DIRECTOR 6.10 X 13800 0 4 MARCIA M ARNESON DIRECTOR 8.80 X 16700 0 10 HOWARD KNUPPE DIRECTOR 6.40 X 14700 0 6 CHUCK SLOAN- JOINED 12016 DIRECTOR 8.60 X 16800 0 10 TERRY PETERS DIRECTOR 4.60 X 3450 0 2 RICHARD JOHNSON CEO/GENERAL MANAGER 55.00 X 181623 0 88202 DAWN HILGENKAMP CFO 48.00 X 116915 0 63829 MIKE LETCHER MANAGER OF OPERATIONS 48.00 X 119981 0 75807 VERONICA KUSSER MARKETING MANAGER 48.00 X 107992 0 58799 JENNY PATTERSON OFFICE SERVICES MANAGER 48.00 X 100141 0 38101 768402 0 324807 5 0 1 0 KAINZ POWERLINES INC PO BOX 748 CUSTER SD 57730 LINE CONSTRUCTION 423038 EXCAVATING SPECIALISTS INC PO BOX 3239 RAPID CITY SD 57709 TRENCHING AND BORING 252109 ASPLUNDH TREE EXPERT 708 BLAIR MILL RD WILLOW GROVE PA 19090 TREE TRIMMING 243019 OSMOSE UTILITIES SERVICE INC 635 HWY 74 SOUTH PEACHTREE CITY GA 30269 POLE TESTING 105457 4 SALE OF POWER 221000 34508717 34508717 CAPITAL CREDITS 221000 1841061 1841061 OTHER OPERATING 221000 286010 286010 36635788 295341 295341 116000 134050 -18050 -18050 -18050 69969 31443 38526 38526 38526 226921 214123 12798 12798 36964403 36648586 -18050 333867 X 3270920 582663 3791508 812877 311952 2371092 2986056 COST OF POWER 18579915 ADMIN & GENERAL 2680133 DISTRIBUTION-OPERATIONS 2300540 DISTRIBUTION-MAINTENANC 1617753 -2706658 36598751 3113808 2375276 3915022 3980216 1440000 1260000 3299800 4335404 1668264 1480234 122709149 35582027 84847408 87127122 3977838 2487224 11494450 13245233 8023 8023 113764613 116298732 3234022 3808904 3759 3606 70195174 70622686 1524430 1372426 4723009 3345530 79680394 79153152 X 0 0 0 0 34084219 37145580 34084219 37145580 113764613 116298732 X 365652 2695709 X 0 1 X 1 0 0 1 X 890221 890221 15830759 2992600 12838159 7038648 4630351 2408297 98949521 27959076 70990445 87127122 RUSHMORE ELECTRIC POWER COOPERATIVE, INC. 11621534 C NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION 1232900 C FEDERATED RURAL ELECTRIC INSURANCE 270772 C RURAL ELECTRIC SUPPLY COOPERATIVE 113674 C NATIONAL INFORMATION SOLUTIONS COOPERATIVE 5253 C OTHER MEMBERSHIPS 1100 C 13245233 CUSTOMER DEPOSITS 362702 DEFERRED CREDITS 2576101 POSTRETIREMENT BENEFITS 396569 OTHER LIABILITIES 10158 3345530 X 37001441 54795 54795 36946646 17757 17757 36964403 33364869 54795 54795 33310074 3288677 3288677 36598751 PART IV, LINE 2B: THE COOPERATIVE COLLECTS MONEY FROM MEMBERS FOR THE WEST RIVER CHARITABLE TRUST INC. THE TRUST HAS A SEPARATE BOARD OF DIRECTORS THAT IS RESPONSIBLE FOR DISTRIBUTING THE FUNDS. PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE (IRC) AND IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT INCOME FROM INCOME TAX (FORM 990) WITH THE IRS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INTEREST EXPENSE ATTRIBUTED TO UBI 54,795. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES NETTED TO REVENUE FOR GAAP PURPOSES 17,757. PART XII, LINE 2D - OTHER ADJUSTMENTS: INTEREST EXPENSE ATTRIBUTED TO UBI 54,795. PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATION OF 2016 MARGINS TO MEMBERS IN 2017 3,270,920. EXPENSES NETTED TO REVENUE FOR GAAP PURPOSES 17,757. X X 0 0 0 RICHARD JOHNSON CEO/GENERAL MANAGER 169077 0 250 0 12296 0 69385 0 19939 0 270947 0 0 0 DAWN HILGENKAMP CFO 112135 0 150 0 4630 0 39949 0 25243 0 182107 0 0 0 MIKE LETCHER MANAGER OF OPERATIONS 117101 0 150 0 2730 0 51822 0 24767 0 196570 0 0 0 VERONICA KUSSER MARKETING MANAGER 99892 0 150 0 7950 0 34814 0 24684 0 167490 0 0 0 SCHEDULE J, PART II, COLUMN C COLUMN C INCLUDES THE CHANGE IN ACTUARIAL VALUE IN THE DEFINED BENEFIT PLAN FOR EACH PERSON REQUIRED TO BE REPORTED. ACTUAL EXPENSE OF THE COOPERATIVE MAY BE MORE OR LESS THAN THE CHANGE IN THE ACTUARIAL VALUE. RICHARD JOHNSON: CHANGE IN ACTUARIAL VALUE INCLUDED IN COLUMN C IS $62,318. ACTUAL EXPENSE OF THE COOPERATIVE IS $50,913. DAWN HILGENKAMP: CHANGE IN ACTUARIAL VALUE INCLUDED IN COLUMN C IS $34,593. ACTUAL EXPENSE OF THE COOPERATIVE IS $34,388. MIKE LETCHER: CHANGE IN ACTUARIAL VALUE INCLUDED IN COLUMN C IS $46,941. ACTUAL EXPENSE OF THE COOPERATIVE IS $35,261. VERONICA KUSSER: CHANGE IN ACTUARIAL VALUE INCLUDED IN COLUMN C IS $30,473. ACTUAL EXPENSE OF THE COOPERATIVE IS $31,508. FORM 990, PART VI, SECTION A, LINE 6 1 CLASS OF MEMBERS. ALL COOPERATIVE MEMBERS WITH EQUAL VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS HAVE EQUAL VOTING RIGHTS TO VOTE FOR MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B BYLAWS AND ARTICLES OF INCORPORATION CHANGES MUST BE APPROVED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B REVIEW WILL BE DONE AT THE REGULAR BOARD MEETING PRIOR TO SIGNING THE FINAL FORM. THE GENERAL MANAGER AND DIRECTOR OF FINANCE WILL REVIEW THE FORM 990 WITH THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS AND EMPLOYEES ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE DETERMINATION OF WHETHER A CONFLICT EXISTS, AND FOR REVIEW OF POTENTIAL CONFLICTS. BOARD MEMBERS WITH CONFLICTS OF INTEREST MUST ABSTAIN FROM DISCUSSION AND VOTING ON THE ITEM. DIRECTORS ARE ASKED ANNUALLY TO DOCUMENT ANY CONFLICTS THEY MAY HAVE. FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT CONSULTANT PROVIDES AN ANNUAL UPDATE OF A BOARD APPROVED SALARY PLAN. ANALYSIS IS DONE OF NATIONAL AND REGIONAL WAGES FOR EACH POSITION WITHIN THE COOPERATIVE. THE PROCESS IS COMPLETED ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART VII, COLUMN F, OTHER COMPENSATION: INCLUDED IN OTHER COMPENSATION IS THE ESTIMATED CURRENT YEAR INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN FOR THE GENERAL MANAGER/CEO, CFO, MANAGER OF OPERATIONS, MARKETING MANAGER AND OFFICE SERVICES MANAGER. THE CURRENT YEAR INCREASE OR DECREASE DOES NOT REPRESENT CURRENT YEAR CONTRIBUTIONS TO THE PLAN. RATHER, IT IS AN ESTIMATE OF THE INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE PLAN AS CALCULATED BY THE PLAN ADMINISTRATOR. FORM 990, PART IX, LINE 24E STATEMENT OF FUNCTIONAL EXPENSES: THE LABOR, PENSION AND PAYROLL TAXES REPORTED ON LINES 6-10 ARE INCLUDED IN DISTRIBUTION EXPENSE, ADMINISTRATIVE & GENERAL EXPENSE AND CUSTOMER EXPENSE. THEREFORE, LABOR, PENSION AND PAYROLL TAXES ARE SHOWN AS A REDUCTION TO OTHER EXPENSES ON LINE 24E. FORM 990, PART XI, LINE 9: ALLOCATION OF 2016 MARGINS TO MEMBERS IN 2017 3,270,920. RETIREMENT OF CAPITAL CREDITS -575,211. FORM 990, PART IX, LINE 4, BENEFITS PAID TO OR FOR MEMBERS: THE COOPERATIVE HAS INTERPRETED THE INSTRUCTIONS TO PART IX, LINE 4, TO MEAN PATRONAGE CAPITAL ALLOCATED FOR THE YEAR, RATHER THAN PATRONAGE CAPITAL RETIRED. THIS IS CONSISTENT WITH THE BY-LAWS OF THE COOPERATIVE. WEST RIVER ELECTRIC CHARITABLE TRUST INC PO BOX 412 WALL SD 57790 460454370 CHARITABLE SD 501(C)(3) LINE 7 WEST RIVER ELECTRIC ASSOCIATION INC 1 WEST RIVER SERVICES INC PO BOX 412 WALL SD 57790 460443950 SALES OF INTERNET SERVICES SD WEST RIVER ELECTRIC ASSOCIATION INC C 346 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0