STRATEGY STUDIO / PUBLIC DATA EXPLORER

EAST CENTRAL ENERGY: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
EAST CENTRAL ENERGY (EIN 41-0480748)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-11
IRS object ID
202523159349305872
Schema version
2024v5.2
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

FieldValueIRS element (for citing)
Return2025-11-11T16:46:32-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN450310328PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BRADY MARTZ & ASSOCIATES PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 14296AddressLine1Txt
CityGRAND FORKSCityNm
State AbbreviationNDStateAbbreviationCd
ZIP582084296ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN410480748EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1EAST CENTRAL ENERGYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlEASTBusinessNameControlTxt
Phone8002547944PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 39AddressLine1Txt
CityBRAHAMCityNm
State AbbreviationMNStateAbbreviationCd
ZIP550060039ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJUSTIN JAHNZPersonNm
Person TitleCEO/PRESIDENTPersonTitleTxt
Phone8002547944PhoneNum
Signature2025-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID HOLTPreparerPersonNm
PTINP00014251PTIN
Phone7017754685PhoneNum
Preparation2025-11-11PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJUSTIN JAHNZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1412 N MAINAddressLine1Txt
CityBRAHAMCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55006ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$155,598,325GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.EASTCENTRALENERGY.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1936FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionDISTRIBUTE ELECTRIC ENERGY TO MEMBERSActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee206TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$16,306TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$12,848NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$141,514,404PYProgramServiceRevenueAmt
CY Program Service Revenue$145,702,328CYProgramServiceRevenueAmt
PY Investment Income$498,360PYInvestmentIncomeAmt
CY Investment Income$1,639,704CYInvestmentIncomeAmt
PY Other Revenue$1,398,502PYOtherRevenueAmt
CY Other Revenue$8,256,293CYOtherRevenueAmt
PY Total Revenue$143,411,266PYTotalRevenueAmt
CY Total Revenue$155,598,325CYTotalRevenueAmt
PY Grants And Similar Paid$31,949PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$37,277CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$13,037,381PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$14,260,502CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,526,721PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,725,838CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$131,016,529PYOtherExpensesAmt
CY Other Expenses$144,986,694CYOtherExpensesAmt
PY Total Expenses$145,612,580PYTotalExpensesAmt
CY Total Expenses$161,010,311CYTotalExpensesAmt
PY Revenues Less Expenses-$2,201,314PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$5,411,986CYRevenuesLessExpensesAmt
Total Assets BOY$422,306,337TotalAssetsBOYAmt
Total Assets EOY$497,896,008TotalAssetsEOYAmt
Total Liabilities BOY$271,866,940TotalLiabilitiesBOYAmt
Total Liabilities EOY$340,190,489TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$150,439,397NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$157,705,519NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE ELECTRIC DISTRIBUTION, FIBER AND OTHER RELATED SERVICES TO ITS MEMBERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescPROVIDE ELECTRIC ENERGY TO MEMBERS.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (1)BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document435IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee206EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Members And Shr Gross Income$146,662,788MembersAndShrGrossIncomeAmt
Other Sources Gross Income$13,067,662OtherSourcesGrossIncomeAmt
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LISA PRACHARBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7636898042PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1412 N MAINAddressLine1Txt
CityBRAHAMCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55006ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
SHELLY NAULT
DIRECTOR9.54Yes (X)$22,092$0$0
THOMAS SCHOENECKER
ASSISTANT SECRETARY/TREASURER8.81Yes (X)$20,470$0$0
JIM JESOK
SECRETARY/TREASURER7.12Yes (X)$18,503$0$0
LINDA LAITALA
DIRECTOR10.94Yes (X)$17,034$0$0
JERRY TVEDT
CHAIR6.21Yes (X)$16,602$0$0
LONNIE JOHNSON
DIRECTOR5.98Yes (X)$16,421$0$0
RON VOLKER
DIRECTOR4.62Yes (X)$15,849$0$0
WAYNE ELLER
DIRECTOR5.92Yes (X)$13,629$0$0
GREG KVASNICKA
VICE CHAIR5.00Yes (X)$13,285$0$0
RICK OLSON
DIRECTOR5.77Yes (X)$12,889$0$0
MICHAEL GAINOR
DIRECTOR4.13Yes (X)$12,845$0$0
JOSEPH MORLEY
DIRECTOR (THROUGH APRIL 2024)3.39Yes (X)$4,472$0$0
JUSTIN JAHNZ
PRESIDENT/CEO43.00$345,714$0$110,605Yes (X)
TY HOUGLUM
VP/CHIEF INFORMATION OFFIC45.00$263,723$0$113,019Yes (X)
ANDY OLSON
VP/CHIEF OPERATING OFFICER42.00$262,585$0$109,376Yes (X)
LISA PRACHAR
VP/CHIEF FINANCIAL OFFICER42.00$259,775$0$47,963Yes (X)
TOR KINDEM
LINE TECHNICIAN56.00$186,888$0$85,173Yes (X)
MARK MACHOVEC
LINE TECHNICIAN53.00$181,356$0$56,054Yes (X)
DAVID WALETSKI
MANAGER, ENGINEERING42.00$181,126$0$86,130Yes (X)
MARK NELSON
MANAGER, BUSINESS ACCOUNTS43.00$163,530$0$58,517Yes (X)
KEVIN KLOCKE
LINE TECHNICIAN52.00$162,832$0$33,115Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,191,620TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$699,952TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K70IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ITG COMMUNICATIONS LLC
152 MOLLY WALTON DRHENDERSONVILLETN37075BROADBAND CONSULTING$26,453,369
PULSE BROADBAND LLC
2121 COOPERATIVE WAY SUITE 600HERNDONVA20171BROADBAND CONSULTING$4,258,042
R & G WALDHALM CONTRACTORS
3263 LAKETOWN RDSTURGEON LAKEMN55783EXCAVATION WORK$2,179,962
NEW AGE TREE SERVICE INC
PO BOX 543SPRING GROVEMN55974TREE TRIMMING/CLEARING$1,687,941
YTS COMPANIES
11720 BROCKTON LANE NORTHMAPLE GROVEMN55369POWER LINE CONSTRUCTION$1,622,773
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K15CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ELECTRIC SALES221000$144,294,547$144,294,547
BROADBAND REVENUES517000$1,407,781$1,407,781
FieldValueIRS element (for citing)
Total Program Service Revenue$145,702,328TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,628,941TotalRevenueColumnAmt
Exclusion$1,628,941ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$10,763OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$10,763OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,763TotalRevenueColumnAmt
Related Or Exempt Func Income$10,763RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
CAPITAL CREDITS221000$6,757,881$6,757,881
OTHER REVENUE900099$1,111,429$1,111,429
JOBBING AND CONTRACT REVENUE541900$386,983$370,677$16,306
FieldValueIRS element (for citing)
Other Revenue Total$8,256,293OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$155,598,325TotalRevenueColumnAmt
Related Or Exempt Func Income$153,953,078RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$16,306UnrelatedBusinessRevenueAmt
Exclusion$1,628,941ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$37,277TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$14,260,502TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,725,838TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$10,770,284TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$13,006,295TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
COST OF POWER$87,058,319
DIST EXP - MAINTENANCE$9,772,796
ADMIN & GENERAL$8,272,649
DIST EXP - OPERATIONS$6,998,909

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$9,107,442TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$161,010,311TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$13,568,809BOYAmt
EOY$12,206,192EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$3,121,046EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$16,909,661BOYAmt
EOY$20,123,806EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$1,532,519BOYAmt
EOY$2,005,021EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$15,744,460BOYAmt
EOY$11,646,001EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$700,646BOYAmt
EOY$800,916EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$522,197,698LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$152,327,976LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$298,403,232BOYAmt
EOY$369,869,722EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$405,020BOYAmt
EOY$2,579,205EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$72,323,929BOYAmt
EOY$73,121,868EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,718,061BOYAmt
EOY$2,422,231EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$422,306,337BOYAmt
EOY$497,896,008EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$23,738,741BOYAmt
EOY$25,309,074EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$19,082,050BOYAmt
EOY$17,988,844EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$227,770,236BOYAmt
EOY$294,552,725EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,275,913BOYAmt
EOY$2,339,846EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$271,866,940BOYAmt
EOY$340,190,489EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$150,439,397BOYAmt
EOY$157,705,519EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$150,439,397BOYAmt
EOY$157,705,519EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$422,306,337BOYAmt
EOY$497,896,008EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$5,411,986ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$12,678,108OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,377,340OtherCostOrOtherBasisAmt
Book Value$1,377,340BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$19,524,674OtherCostOrOtherBasisAmt
Depreciation$9,287,285DepreciationAmt
Book Value$10,237,389BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$397,853,592OtherCostOrOtherBasisAmt
Depreciation$143,040,691DepreciationAmt
Book Value$254,812,901BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$103,442,092OtherCostOrOtherBasisAmt
Book Value$103,442,092BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$369,869,722TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INVEST PATRONAGE CAP - ASSOC ORGAN$66,983,250C
INVEST NONGENERAL CTC'S$2,096,226C
INVEST GENERAL ASSOC COOPS$2,663,642C
OTHER INVEST ECE NET$1,378,750C
FieldValueIRS element (for citing)
Total Book Value Program Rltd$73,121,868TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
ACCRUED INTEREST$775,124
CONSUMER DEPOSITS$849,042
ACCU PROV FOR BENEFITS$94,097
DUE TO RELATED PARTY$621,583
FieldValueIRS element (for citing)
Total Liability$2,339,846TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE COOPERATIVE IS EXEMPT FROM INCOME TAXES BUT SUBJECT TO CORPORATE INCOME TAX ON ANY UNRELATED BUSINESS ACTIVITIES. THIS WOULD INCLUDE THE ACTIVITIES OF THE SUBSIDIARIES OF THE COOPERATIVE WHICH ARE TREATED AS PASS-THROUGH ENTITIES FOR INCOME TAX PURPOSES. THE COOPERATIVE'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 COOPERATIVE ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. ALL TAX FILINGS ARE CURRENT.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1INITIATIVE FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1405 FIRST STREET SOUTHEASTAddressLine1Txt
CityLITTLE FALLSCityNm
State AbbreviationMNStateAbbreviationCd
ZIP56345ZIPCd
FieldValueIRS element (for citing)
Recipient EIN363451562RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$10,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantPROVIDE PERMANENT SUPPORT FOR COMMUNITY AND ECONOMIC DEVELOPMENT IN ECE CENTRAL MINNESOTA SERVICE AREA.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JUSTIN JAHNZ
PRESIDENT/CEO$345,714$0$0$0$0$0$82,917$0$28,618$0$457,249$0$0$0
TY HOUGLUM
VP/CHIEF INFORMATION OFFIC$263,723$0$0$0$0$0$85,331$0$28,598$0$377,652$0$0$0
ANDY OLSON
VP/CHIEF OPERATING OFFICER$262,585$0$0$0$0$0$81,688$0$28,598$0$372,871$0$0$0
LISA PRACHAR
VP/CHIEF FINANCIAL OFFICER$259,775$0$0$0$0$0$20,275$0$28,598$0$308,648$0$0$0
TOR KINDEM
LINE TECHNICIAN$186,888$0$0$0$0$0$57,485$0$28,167$0$272,540$0$0$0
DAVID WALETSKI
MANAGER, ENGINEERING$181,126$0$0$0$0$0$58,441$0$28,455$0$268,022$0$0$0
MARK MACHOVEC
LINE TECHNICIAN$181,356$0$0$0$0$0$28,366$0$28,160$0$237,882$0$0$0
MARK NELSON
MANAGER, BUSINESS ACCOUNTS$163,530$0$0$0$0$0$40,349$0$18,821$0$222,700$0$0$0
KEVIN KLOCKE
LINE TECHNICIAN$162,832$0$0$0$0$0$5,427$0$28,142$0$196,401$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, SCHEDULE J, PART II, COLUMN CFormAndLineReferenceDesc
ExplanationCOMPENSATION OF OFFICERS, DIRECTORS, KEY EMPLOYEES, HIGHEST COMPENSATED EMPLOYEES: INCLUDED IN OTHER DEFERRED COMPENSATION IS THE ESTIMATED CURRENT YEAR INCREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN. THESE AMOUNTS DO NOT REPRESENT ANY CURRENT YEAR CONTRIBUTIONS TO THE PLAN. THEY ARE ESTIMATES OF THE INCREASE IN THE ACTUARIAL VALUE OF THE PLANS RECEIVED FROM THE NRECA. THE CURRENT YEAR EXPENSE AND THE INCREASE IN ACTUARIAL VALUE FOR EACH EMPLOYEE ARE DISCLOSED IN THE STATEMENT ON SCHEDULE O FOR FORM 990, PART VII, COLUMN F.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
GREAT RIVER ENERGY
LONNIE JOHNSON REPRESENTS THE COOPERATIVE ON GREAT RIVER ENERGY'S BOARD$85,764,259PURCHASE OF WHOLESALE POWER0
GREAT RIVER ENERGY
LINDA LAITALA REPRESENTS THE COOPERATIVE ON GREAT RIVER ENERGY'S BOARD$85,764,259PURCHASE OF WHOLESALE POWER0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION IS A MEMBER OWNED COOPERATIVE.
FORM 990, PART VI, SECTION A, LINE 7ATHERE IS ONE CLASS OF MEMBERSHIP AND MEMBERS ELECT THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7BTHE MEMBERS VOTE ON BYLAW CHANGES AND ANY OTHER DECISIONS AS SPECIFIED IN THE BYLAWS.
FORM 990, PART VI, SECTION B, LINE 11BCOPIES OF THE FORM 990 ARE PROVIDED TO THE FINANCE SUPERVISOR AND FINANCE & ASSET MANAGER FOR REVIEW AND THEN FORWARDED TO THE CEO FOR APPROVAL.
FORM 990, PART VI, SECTION B, LINE 12CEAST CENTRAL ENERGY ENFORCES WHAT IS IN THE EMPLOYEE HANDBOOK RELATED TO CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15HUMAN RESOURCE DEPARTMENT GATHERS MARKET COMPENSATION DATA FOR ALL EMPLOYEES AND THE BOARD OF DIRECTORS PERFORMS A REVIEW AND DETERMINES THE CEO COMPENSATION. OTHER KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE CEO.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS AND THE FINANCIAL STATEMENTS ARE AVAILABLE ON EAST CENTRAL ENERGY'S WEBSITE AND BY REQUEST. THE CONFLICT OF INTEREST STATEMENT IS IN THE EMPLOYEE HANDBOOK AND IS NOT AVAILABLE TO THE PUBLIC.
FORM 990, PART VII, SECTION A, COLUMN FINCLUDED IN COLUMN (F), ESTIMATED AMOUNT OF OTHER COMPENSATION, IS THE ESTIMATED ANNUAL INCREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN. THE ESTIMATED INCREASE FOR EACH EMPLOYEE IS: JUSTIN JAHNZ: $72,917 ANDY OLSON: $73,978 LISA PRACHAR: $12,565 TY HOUGLUM: $77,621 TOR KINDEM: $54,056 MARK NELSON: $35,643 KEVIN KLOCKE: $0 DAVID WALETSKI: $52,940 MARK MACHOVEC: $24,962 THESE AMOUNTS ARE ESTIMATES IN THE INCREASE OF THE VALUE OF THE PLAN AND ARE NOT CURRENT YEAR EXPENSES OF THE COOPERATIVE. THE CURRENT YEAR EXPENSE FOR THIS DEFINED BENEFIT PLAN WAS: JUSTIN JAHNZ: $75,082 ANDY OLSON: $62,442 LISA PRACHAR: $62,442 TY HOUGLUM: $62,442 TOR KINDEM: $30,173 MARK NELSON: $41,074 KEVIN KLOCKE: $0 DAVID WALETSKI: $47,551 MARK MACHOVEC: $30,173
FORM 990, PART IX, LINE 4AS 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. 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:RETIREMENT OF CAPITAL CREDITS -1,582,394. ALLOCATED CAPITAL CREDITS 14,260,502.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ECE NET LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1412 N MAINAddressLine1Txt
CityBRAHAMCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55006ZIPCd
FieldValueIRS element (for citing)
EIN202174383EIN
Primary ActivitiesPROVIDER OF HIGH SPEED INTERNET SERVICEPrimaryActivitiesTxt
Legal Domicile StateMNLegalDomicileStateCd
Total Income$0TotalIncomeAmt
End Of Year Assets$1,378,750EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1EAST CENTRAL ENERGYBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1EAST CENTRAL ENERGY TRUSTBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1412 N MAINAddressLine1Txt
CityBRAHAMCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55006ZIPCd
FieldValueIRS element (for citing)
EIN411889062EIN
Primary ActivitiesCOMMUNITY TRUSTPrimaryActivitiesTxt
Legal Domicile StateMNLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 8PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1EAST CENTRAL ENERGY TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeRTransactionTypeTxt
Involved$131,975InvolvedAmt
Method Of Amount DeterminationACTUAL AMOUNTS TRANSFERREDMethodOfAmountDeterminationTxt