MINNESOTA VALLEY ELECTRIC COOPERATIVE: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- MINNESOTA VALLEY ELECTRIC COOPERATIVE (EIN 41-0419150)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-08-10
- IRS object ID
- 201732229349301208
- 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 | 2017-08-10T13:17:11-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450310328 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRADY MARTZ AND ASSOCIATES PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 14296 | AddressLine1Txt |
| City | GRAND FORKS | CityNm |
| State Abbreviation | ND | StateAbbreviationCd |
| ZIP | 582084296 | 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 | 410419150 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINNESOTA VALLEY ELECTRIC COOPERATIVE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MINN | BusinessNameControlTxt |
| Phone | 9524922313 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 MINNESOTA VALLEY ELECTRIC DRIVE | AddressLine1Txt |
| City | JORDAN | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55352 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GERALD MARECK | PersonNm |
| Person Title | VP FINANCE | PersonTitleTxt |
| Phone | 9524922313 | PhoneNum |
| Signature | 2017-07-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DAVID HOLT | PreparerPersonNm |
| PTIN | P00014251 | PTIN |
| Phone | 7017754685 | PhoneNum |
| Preparation | 2017-07-26 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 24.111.23.187 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-07-31 | IPDt |
| IP Tm | 15:08:47 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | CB0A8606D1D4AD9E4D6FE70A51AF26AB4D5393D3 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | EEB6B47B52C45DC429578530A207974813C51079 | 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 | RYAN HENTGES | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 MINNESOTA VALLEY ELECTRIC DRIVE | AddressLine1Txt |
| City | JORDAN | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55352 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $87,709,959 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.MVEC.NET | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1937 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | PROVIDE ELECTRIC SERVICE TO MEMBERS | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 96 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | -$111,613 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$189,402 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $76,893,192 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $84,303,805 | CYProgramServiceRevenueAmt |
| PY Investment Income | $182,117 | PYInvestmentIncomeAmt |
| CY Investment Income | $155,549 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,514,430 | PYOtherRevenueAmt |
| CY Other Revenue | $3,176,006 | CYOtherRevenueAmt |
| PY Total Revenue | $78,589,739 | PYTotalRevenueAmt |
| CY Total Revenue | $87,635,360 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $2,245,028 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $6,215,245 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,247,558 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,377,191 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $74,660,701 | PYOtherExpensesAmt |
| CY Other Expenses | $81,859,097 | CYOtherExpensesAmt |
| PY Total Expenses | $78,153,287 | PYTotalExpensesAmt |
| CY Total Expenses | $89,451,533 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $436,452 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,816,173 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $172,078,378 | TotalAssetsBOYAmt |
| Total Assets EOY | $186,410,162 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $110,206,745 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $121,340,952 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $61,871,633 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $65,069,210 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PROVIDE ELECTRIC SERVICE TO MEMBERS | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | PROVIDE ELECTRIC SERVICE TO MEMBERS | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 204 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 96 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Members And Shr Gross Income | $86,011,573 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $3,409,399 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | 0 | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GERALD MARECK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9524922313 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 MINNESOTA VALLEY ELECTRIC DRIVE | AddressLine1Txt |
| City | JORDAN | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55352 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| BRENT LAWRENCE | ||||||||
| PRESIDENT | 9.00 | Yes (X) | Yes (X) | $18,685 | $0 | $0 | ||
| KEVIN GIBBS | ||||||||
| VICE PRESIDENT | 9.00 | Yes (X) | Yes (X) | $12,965 | $0 | $0 | ||
| MICHELLE MORRISON | ||||||||
| SECRETARY/TREASURER | 9.00 | Yes (X) | Yes (X) | $13,150 | $0 | $0 | ||
| THOMAS WOLF | ||||||||
| DIRECTOR | 7.00 | Yes (X) | $13,195 | $0 | $0 | |||
| JAMES CONNELLY | ||||||||
| DIRECTOR | 7.00 | Yes (X) | $11,195 | $0 | $0 | |||
| DEBORAH ERICKSON | ||||||||
| DIRECTOR | 7.00 | Yes (X) | $14,485 | $0 | $0 | |||
| FRANCES BARTEN | ||||||||
| DIRECTOR | 7.00 | Yes (X) | $10,725 | $0 | $0 | |||
| WILLIAM HEINLEIN | ||||||||
| DIRECTOR | 7.00 | Yes (X) | $13,310 | $0 | $0 | |||
| GARY HABERMAN | ||||||||
| DIRECTOR | 7.00 | Yes (X) | $12,840 | $0 | $0 | |||
| ROGER GECKLER | ||||||||
| GENERAL MANAGER | 40.00 | Yes (X) | $537,227 | $0 | $67,688 | |||
| RYAN HENTGES | ||||||||
| GENERAL MANAGER | 40.00 | Yes (X) | $196,572 | $0 | $46,714 | |||
| GERALD MARECK | ||||||||
| VP FINANCE | 40.00 | Yes (X) | $147,585 | $0 | $78,017 | |||
| MARVIN DENZER | ||||||||
| VP KEY ACCOUNTS | 40.00 | $166,425 | $0 | $62,258 | Yes (X) | |||
| DARYL HOFFMAN | ||||||||
| VP OPERATIONS | 40.00 | $147,610 | $0 | $57,314 | Yes (X) | |||
| TERRI BAKKEN | ||||||||
| VP MEMBER SERVICES | 40.00 | $129,204 | $0 | $33,004 | Yes (X) | |||
| BRYAN OTT | ||||||||
| FOREMAN | 40.00 | $121,332 | $0 | $24,968 | Yes (X) | |||
| STEVEN VOLEK | ||||||||
| FOREMAN | 40.00 | $125,813 | $0 | $18,927 | Yes (X) | |||
| RANDY BREEGGEEMANN | ||||||||
| FOREMAN | 40.00 | $119,304 | $0 | $50,256 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,811,622 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $439,146 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 28 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DONLIE UNDERGROUND INC | |||||
| 10210 235TH ST W | LAKEVILLE | MN | 55044 | UNDERGROUND INSTALLATION | $1,867,409 |
| CARR'S TREE SERVICE INC | |||||
| PO BOX 250 | OTTERTAIL | MN | 565710250 | TREE TRIMMING | $1,428,425 |
| KARIANPETERSON POWER LINE CONTRACTING | |||||
| PO BOX 345 | MONTEVIDEO | MN | 56265 | POWERLINE CONSTRUCTION | $1,266,959 |
| HEARTLAND SERVICES LLC | |||||
| PO BOX 330 | ROCKFORD | MN | 553730330 | ENGINEERING | $642,251 |
| NATIONAL INFORMATION SOLUTIONS COOPERATI | |||||
| 3201 NYGREN DR | MANDAN | ND | 585541480 | SOFTWARE SUPPORT, DATA PROCESSING SVCS | $584,200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 9 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| CONSUMER ELECTRIC SALES | 221000 | $84,274,299 | $84,274,299 | |
| POLE RENTALS | 900099 | $29,506 | $29,506 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $84,303,805 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $139,975 | TotalRevenueColumnAmt |
| Exclusion | $139,975 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $90,173 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $74,599 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $15,574 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,574 | TotalRevenueColumnAmt |
| Exclusion | $15,574 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| CAPITAL CREDITS | 900099 | $3,413,249 | $3,413,249 | ||
| MVUS LLC | 900099 | $82,871 | $82,871 | ||
| PARTNERSHIP INCOME | 230000 | -$93,459 | -$194,484 | $101,025 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$226,655 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$226,655 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,176,006 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $87,635,360 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $87,460,893 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$111,613 | UnrelatedBusinessRevenueAmt |
| Exclusion | $286,080 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,215,245 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,377,191 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,806,259 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,959,022 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| COST OF POWER | $61,031,391 |
| DISTRIBUTION EXPENSE - | $6,976,595 |
| GENERAL AND ADMINISTRAT | $2,454,517 |
| CONSUMER ACCOUNTS - LAB | $2,110,045 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,521,268 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,451,533 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,664,846 | BOYAmt |
| EOY | $2,297,355 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,000,000 | BOYAmt |
| EOY | $8,000,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,461,092 | BOYAmt |
| EOY | $13,456,264 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $309,956 | BOYAmt |
| EOY | $274,695 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,415,664 | BOYAmt |
| EOY | $4,087,659 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $396,346 | BOYAmt |
| EOY | $356,800 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $163,702,622 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $42,373,397 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $117,120,710 | BOYAmt |
| EOY | $121,329,225 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,552,687 | BOYAmt |
| EOY | $36,601,019 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $157,077 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $7,145 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $172,078,378 | BOYAmt |
| EOY | $186,410,162 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,209,449 | BOYAmt |
| EOY | $14,462,084 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,066,327 | BOYAmt |
| EOY | $89,406,371 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,500,000 | BOYAmt |
| EOY | $7,000,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,430,969 | BOYAmt |
| EOY | $10,472,497 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,206,745 | BOYAmt |
| EOY | $121,340,952 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,871,633 | BOYAmt |
| EOY | $65,069,210 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,871,633 | BOYAmt |
| EOY | $65,069,210 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $172,078,378 | BOYAmt |
| EOY | $186,410,162 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,816,173 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $5,013,750 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,657,190 | OtherCostOrOtherBasisAmt |
| Book Value | $1,657,190 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,025,036 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,335,042 | DepreciationAmt |
| Book Value | $3,689,994 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,883,188 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,628,000 | DepreciationAmt |
| Book Value | $2,255,188 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $147,137,208 | OtherCostOrOtherBasisAmt |
| Depreciation | $33,410,355 | DepreciationAmt |
| Book Value | $113,726,853 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $121,329,225 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| GREAT RIVER ENERGY/COOP POWER ASSOC | $26,149,478 | C |
| NRUCFC CAPITAL TERM CERTIFICATES | $781,572 | C |
| FEDERATED ACQUISITIONS, LLC | $940,913 | C |
| OTHER INVESTMENTS | $2,101,506 | C |
| BASIN ELECTRIC | $5,127,550 | C |
| CFC MEMBER CAPITAL CERTIFICATE | $1,500,000 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $36,601,019 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| CUSTOMER DEPOSITS | $3,211,471 |
| UNLOCATED PATRONS | $774,162 |
| DEFERRED STABILIZATION | $6,467,000 |
| MISC UNCLAIMED PROPERTY | $4,491 |
| DEFERRED C&I DEV REFUNDABLE DEPOSIT | $15,373 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $10,472,497 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $87,666,389 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $113,901 | OtherRevenueAmt |
| Revenue Not Reported | $113,901 | RevenueNotReportedAmt |
| Revenue Subtotal | $87,552,488 | RevenueSubtotalAmt |
| Other Revenues Not Included | $82,872 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $82,872 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $87,635,360 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $83,158,500 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $83,158,500 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $6,293,033 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $6,293,033 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $89,451,533 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE COOPERATIVE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER 501(C)(12) OF THE INTERNAL REVENUE CODE. THE COMPANY'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS, AND OTHER EVIDENCE. 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 COMPANY ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | PARTNERSHIP INCOME - BOOK VS. TAX DIFFERENCES 113,901. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | LLC REVENUE 82,872. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | ALLOCATED CAPITAL CREDITS 6,215,245. LLC EXPENSE 77,788. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROGER GECKLER | ||||||||||||||
| GENERAL MANAGER | $495,227 | $0 | $42,000 | $0 | $0 | $0 | $66,945 | $0 | $743 | $0 | $604,915 | $0 | $0 | $0 |
| RYAN HENTGES | ||||||||||||||
| GENERAL MANAGER | $195,254 | $0 | $1,318 | $0 | $0 | $0 | $29,959 | $0 | $16,755 | $0 | $243,286 | $0 | $0 | $0 |
| GERALD MARECK | ||||||||||||||
| VP FINANCE | $142,509 | $0 | $5,076 | $0 | $0 | $0 | $61,404 | $0 | $16,613 | $0 | $225,602 | $0 | $0 | $0 |
| MARVIN DENZER | ||||||||||||||
| VP KEY ACCOUNTS | $165,272 | $0 | $1,153 | $0 | $0 | $0 | $46,195 | $0 | $16,063 | $0 | $228,683 | $0 | $0 | $0 |
| DARYL HOFFMAN | ||||||||||||||
| VP OPERATIONS | $146,893 | $0 | $717 | $0 | $0 | $0 | $41,315 | $0 | $15,999 | $0 | $204,924 | $0 | $0 | $0 |
| TERRI BAKKEN | ||||||||||||||
| VP MEMBER SERVICES | $128,268 | $0 | $936 | $0 | $0 | $0 | $30,611 | $0 | $2,393 | $0 | $162,208 | $0 | $0 | $0 |
| RANDY BREEGGEEMANN | ||||||||||||||
| FOREMAN | $118,668 | $0 | $636 | $0 | $0 | $0 | $41,073 | $0 | $9,183 | $0 | $169,560 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | ROGER GECKLER - $5,400, $44,000 AND $27,400 | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| HEARTLAND SERVICES LLC | |||
| ENTITY FOR WHICH RYAN HENTGES, GENERAL MANAGER, WAS SERVING AS DIRECTOR | $642,251 | LABOR AND EXPENSE REIMBURSEMENT AND ENGINEERING SERVICES | 0 |
| CARR'S TREE SERVICE INC | |||
| ENTITY FOR WHICH RYAN HENTGES, GENERAL MANAGER, WAS SERVING AS DIRECTOR | $1,428,425 | TREE TRIMMING | 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (15 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | ARTICLE II. MEETING OF MEMBERS. BOARD OF DIRECTORS MAY AUTHORIZE MEMBER VOTING BY ELECTRONIC MEANS IF CERTAIN CONDITIONS ARE MET. ARTICLE III. DIRECTORS. WHEN A DIRECTOR IS UNCONTESTED IN AN ELECTION, BALLOTS IN THAT DISTRICT WILL NOT BE SENT. ARTICLE IV. MEETINGS OF DIRECTORS. A DIRECTOR MAY ATTEND A BOARD MEETING BY REMOTE COMMUNICATION. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION IS A MEMBER OWNED COOPERATIVE. |
| FORM 990, PART VI, SECTION A, LINE 7A | THERE IS ONE CLASS OF MEMBERSHIP AND MEMBERS ELECT THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE MEMBERS VOTE ON SIGNIFICANT ISSUES AT THE ANNUAL MEMBERSHIP MEETINGS. EACH MEMBER HAS ONE VOTE PER ISSUE. |
| FORM 990, PART VI, SECTION A, LINE 8B | THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 WAS GIVEN TO EACH DIRECTOR AND THE GENERAL MANAGER FOR REVIEW PRIOR TO FILING WITH THE IRS. THE REVIEW WAS CONDUCTED INDIVIDUALLY. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICTS OF INTEREST ARE DISCLOSED ANNUALLY BY THE BOARD OF DIRECTORS. MONITORING OCCURS THROUGHOUT THE YEAR THROUGH THE NORMAL REVIEW/PROCESSING OF CASH DISBURSEMENTS; REVIEWING OF MONTHLY FINANCIAL STATEMENTS; WITH THE EMPLOYEE ANNUAL REVIEW PROCESS; AND THROUGH ADHERENCE TO THE COMPANY POLICY ON BUSINESS ETHICS/CONFLICT OF INTEREST. ANNUAL DISCLOSURES ARE REVIEWED BY THE VICE PRESIDENT OF FINANCE. |
| FORM 990, PART VI, SECTION B, LINE 15 | GENERAL MANAGER - COMPENSATION WAS DETERMINED AND APPROVED BY THE BOARD. OTHER OFFICERS & KEY EMPLOYEES - ANNUAL PERFORMANCE REVIEWS ARE COMPLETED ALONG WITH WAGE AND SALARY ADJUSTMENTS. PAY TABLES ARE ADJUSTED FROM TIME TO TIME BASED ON MARKET CONDITIONS. AN OUTSIDE CONSULTANT WAS USED TO ESTABLISH THE INITIAL PAY PLAN. THE COOPERATIVE FOLLOWS EMPLOYEE POLICY #E-08 REGARDING COMPENSATION PRACTICES FOR NON-UNION PERSONNEL. THE UNION PERSONNEL COMPENSATION IS BASED ON THE COLLECTIVE BARGAINING AGREEMENT. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE ORGANIZATION'S PUBLIC INSPECTION COPY OF FORM 990 IS AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE PROVIDED UPON REQUEST. |
| FORM 990, PART VII, SECTION A, LINE 1A: | INCLUDED IN PART VII, SECTION A, LINE 1A, COLUMN F, IS THE ESTIMATED ANNUAL INCREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN. THIS AMOUNT IS AN ESTIMATE OF THE INCREASE OF THE VALUE OF THE PLAN AND IS NOT A CURRENT YEAR EXPENSE OF THE COOPERATIVE. CURRENT YEAR CONTRIBUTIONS INTO THE DEFINED BENEFIT PLAN ARE A CURRENT YEAR EXPENSE AND ARE INCLUDED IN PART IX AS SUCH. CURRENT YEAR CONTRIBUTION AMOUNTS ARE INCLUDED IN THE ESTIMATED ANNUAL INCREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN. |
| FORM 990, PART IX, LINE 4 | AS REQUIRED BY FORM 990 INSTRUCTIONS, FORM 990, PART IX, LINE 4 (BENEFITS PAID TO OR FOR MEMBERS) INCLUDES PATRONAGE DIVIDENDS PAID. THIS AMOUNT IS AN EXPENSE FOR PURPOSES OF FORM 990, BUT IS NOT RECOGNIZED AS AN EXPENSE UNDER G.A.A.P. REPORTING REQUIREMENTS, WHICH ARE USED FOR BOOK INCOME. THE RESULT IS A BOOK TO TAX DIFFERENCE WHICH IS DISCLOSED ON PART XI AND ON SCHEDULE D PARTS XI AND XIII. IN REFERENCE TO PART IX, LINE 4, THE COOPERATIVE HAS INTERPRETED "PATRONAGE DIVIDENDS PAID" AS CAPITAL CREDITS ALLOCATED TO MEMBERS UNDER THE PREEXISTING OBLIGATIONS PURSUANT TO THE BYLAWS OF THE COOPERATIVE. |
| FORM 990, PART XI, LINE 9: | PARTNERSHIP INCOME - BOOK VS. TAX DIFFERENCES 113,901. EQUITY CAPITAL CREDITS RETIRED -1,310,313. ALLOCATED CAPITAL CREDITS 6,215,245. LLC ADJUSTMENT -5,083. |
| FORM 990, PART XII, LINE 2C | OVERSIGHT PROCESS OF THE AUDIT AND SELECTION PROCESS OF THE INDEPENDENT AUDITORS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| FORM 990, PART VI, SECTION B, LINE 16B | THE COOPERATIVE'S POLICY REGARDING PARTICIPATION IN JOINT VENTURES IS NOT WRITTEN. HOWEVER, THE COOPERATIVE PERFORMS AN 85% TEST ON AN ANNUAL BASIS TO ENSURE THAT IT MAINTAINS ITS TAX EXEMPT STATUS, AND THE OTHER JOINT VENTURE MEMBER IS ALSO A COOPERATIVE. ADDITIONALLY, THE JOINT VENTURE ARRANGEMENT IS REVIEWED AND MONITORED BY THE BOARD OF DIRECTORS. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINNESOTA VALLEY UTILITY SERVICES | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 MINNESOTA VALLEY ELECTRIC DRIVE | AddressLine1Txt |
| City | JORDAN | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55352 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 813074308 | EIN |
| Primary Activities | PROVIDES UTILITY CONSULTING SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Total Income | $82,872 | TotalIncomeAmt |
| End Of Year Assets | $21,392 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINNESOTA VALLEY ELECTRIC COOPERATIVE | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINNESOTA VALLEY ELECTRIC TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 MINNESOTA VALLEY ELECTRIC DRIVE | AddressLine1Txt |
| City | JORDAN | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55352 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411821090 | EIN |
| Primary Activities | COLLECT & DISBURSE FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES | PrimaryActivitiesTxt |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HEARTLAND SERVICES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6800 ELECTRIC DRIVE PO BOX 330 | AddressLine1Txt |
| City | ROCKFORD | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 553730330 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411913777 | EIN |
| Primary Activities | ENGINEERING, SAFETY, POWER SUPPLY & ADMINISTRATION | PrimaryActivitiesTxt |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Predominant Income Type | UNRELATED | PredominantIncomeTypeTxt |
| Share Of Total Income | -$194,577 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $56,239 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | Yes (1) | GeneralOrManagingPartnerInd |
| Ownership | 0.50000 | OwnershipPct |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | Yes (1) | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| MINNESOTA VALLEY ELECTRIC TRUST | ||
| R | $114,178 | MEMBER BILLING ROUND UP |
| HEARTLAND SERVICES LLC | ||
| M | $145,022 | CASH PAID |
| HEARTLAND SERVICES LLC | ||
| H | $55,335 | CASH PAID |