2017-10-05T15:32:36-05:00 2016-12-31 450250958 EIDE BAILLY LLP 200 EAST 10TH ST PO BOX 5125 SIOUX FALLS SD 571175125 990 2016-01-01 410128105 CONNEXUS ENERGY CONN 7633232600 14601 RAMSEY BOULEVARD RAMSEY MN 55303 MICHAEL BASH VICE PRESIDENT / CFO 7633232600 2017-09-28 1 LAURIE HANSON P00851848 6053391999 2017-09-28 199.19.252.158 2017-09-28 14:48:46 CD P 974248CA41D94A414E643A61057C2CD568A63DD6 B16095FA32523CD326D583884BA37C70A3019BC0 2016 2021-01-29 14:40:06Z GREG RIDDERBUSCH 14601 RAMSEY BOULEVARD RAMSEY MN 55303 272638319 0 X WWW.CONNEXUSENERGY.COM X 1937 MN PROVIDING UTILITY SERVICES TO MEMBERS. 8 8 283 0 544973 -297227 0 0 256811952 270831055 418131 1065188 363626 490390 257593709 272386633 489718 412673 8456018 15096366 23907191 24529173 0 0 0 224740782 232348421 257593709 272386633 0 0 371645339 393699930 200453708 213470498 171191631 180229432 CONNEXUS ENERGY SERVES OUR MEMBERSHIP BY PROVIDING COST COMPETITIVE, RELIABLE ELECTRICITY AND RELATED SERVICES, WITH AN ENVIRONMENTAL COMMITMENT, AFFIRMING THE VALUE OF MEMBER COOPERATIVE OWNERSHIP. 0 0 CONNEXUS ENERGY PROVIDED UTILITY SERVICES TO APPROXIMATELY 131,000 MEMBERS IN SEVEN COUNTIES IN THE NORTH SUBURBAN AREA OF MINNEAPOLIS AND ST. PAUL, MN. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 180 0 1 283 1 1 1 0 0 0 0 263906720 3969742 0 X 8 8 1 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 1 0 X NANCY BASARA 7633232731 14601 RAMSEY BOULEVARD RAMSEY MN 55303 X PETER WOJCIECHOWSKI CHAIR 23.00 X X 51534 0 0 MARK ETHEN VICE CHAIR 15.00 X X 46581 0 0 FRAN BATOR SECRETARY/TREASURER 17.00 X X 46821 0 0 GORDON WESTERLIND ASST. SECRETARY/TREASURER 16.00 X X 22581 0 24000 KENNETH FIERECK DIRECTOR 16.00 X 26580 0 20000 MICHAEL KERR DIRECTOR UNTIL 05/2016 12.00 X 19388 0 0 DONALD HOLL DIRECTOR 16.00 X 46581 0 0 MICHAEL CADY DIRECTOR 12.00 X 46581 0 0 BETSY WERGIN DIRECTOR FROM 06/2016 16.00 X 27193 0 0 GREG RIDDERBUSCH PRESIDENT/CEO 55.00 X 435855 0 22986 MICHAEL BASH VP,CFO 50.00 X 365594 0 107461 MATT YSETH VP, ELECTRIC OPERATIONS 50.00 X 278985 0 73021 BRIAN BURANDT VP, POWER SUPPLY AND BUSINESS DEVELOPMEN 50.00 X 171805 0 41275 PETER MILLER VP, HUMAN RESOURCES 50.00 X 268834 0 67047 DON HALLER VP, MEMBER SVC, PRODUCTS & SALES 50.00 X 229107 0 62952 GREG GROENJES MGR. CONSTRUCTION & MAINT 45.00 X 154945 0 23824 NANCY BASARA CONTROLLER 45.00 X 189095 0 53062 MARK KOPLIN MGR. INFORMATION TECHNOLO 45.00 X 188349 0 40215 NICK LOEHLEIN MANAGER OF ENGINEERING 45.00 X 155586 0 46679 DARRIN HELGET LINEMAN 53.00 X 160539 0 24515 2932534 0 607037 80 0 1 0 RP SCHROEDER CONSTRUCTION 18329 263RD AVE BIG LAKE MN 55309 CONSTRUCTION SERVICES 2003454 ASPLUNDH 708 BLAIR MILL ROAD WILLOW GROVE PA 190901784 TREE TRIMMING SERVICES 1854193 WRIGHT TREE SERVICE PO BOX 1718 DES MOINES IA 50306 TREE TRIMMING SERVICES 913113 CARR'S TREE SERVICE INC PO BOX 250 OTTERTAIL MN 56571 TREE TRIMMING SERVICES 797031 CENTRAL APPLICATORS PO BOX 279 FOLEY MN 56329 TRIMMING SERVICES/VEGETATION MANAGEMENT 492135 18 SALE OF ELECTRICITY 221000 260683089 260672594 10495 GEN & TRANS CAP CREDIT 221000 8149957 8149957 OTHER 221000 1494063 1462585 31478 UTILITY/RETAIL/FLEET 221000 503946 798 503148 270831055 667820 667820 339254 0 339254 339254 339254 649054 251686 397368 397368 397368 EQ EARNINGS - FED ACQ 900099 151136 151284 -148 151136 272386633 270437218 544973 1404442 X 412673 15096366 2333016 16811160 2256873 1776021 1352103 139144 69676 1173443 288843 1369484 1673247 697188 287300 44999 6270819 12000713 274836 COST OF POWER 197355548 ELECTRIC OPERATIONS 5018687 PROP. & REAL ESTATE TAX 3595664 FLEET/VEHICLE EXPENSE 947997 1140833 272386633 9472 3373 8041 254 25688436 27884229 10000000 3489104 3068153 703026 1685064 333666719 136178006 195367685 197488713 9345997 9381120 124352674 132900234 941 941 12679963 11287849 371645339 393699930 16582858 17934558 142173077 150933597 5769000 10260000 35928773 34342343 200453708 213470498 X 0 0 0 0 171191631 180229432 171191631 180229432 371645339 393699930 X 0 9037801 X 0 1 X 1 0 2317228 2317228 14425383 6187508 8237875 313320733 129990498 183330235 3603375 3603375 197488713 GREAT RIVER ENERGY 127168008 C OTHER ASSOCIATED ORGANIZATIONS 5732226 C 132900234 MEMBER DEPOSITS 1257793 DEFERRED CREDITS 195980 PAYABLE TO GREAT RIVER ENERGY 29390941 OTHER LIABILITIES 1176422 DEFERRED COMP 2321207 34342343 X 272386633 0 272386633 0 272386633 257290267 0 257290267 15096366 15096366 272386633 PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. THE COOPERATIVE IS SUBJECT TO INCOME TAX ON ITS UNRELATED BUSINESS INCOME. THE COOPERATIVE EVALUATES ITS INCOME TAX POSITIONS ON AN ANNUAL BASIS. MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2016 AND 2015 THAT MEET THE CRITERIA FOR RECOGNITION IN THE FINANCIAL STATEMENTS. THE COOPERATIVE WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATION OF 2016 MARGINS TO MEMBERS IN 2017 15,096,366. 1 ANOKA COUNTY 550 BUNKER LAKE BLVD NW ANDOVER MN 55303 416005752 GOVENMENTAL 25000 WARGO NATURE CENTER SPONSOR ANOKA TECHNICAL COLLEGE FOUNDATION 1355 WEST HWY 10 ANOKA MN 55303 416008267 501(C)(3) 11900 DONATION TO FOUNDATION - GENERAL INITIATIVE FOUNDATION 405 FIRST ST SE LITTLE FALLS MN 56345 363451562 501(C)(3) 10000 DONATION TO FOUNDATION - GENERAL MERCYUNITY HOSPITAL FOUNDATION 550 OSBORNE RD FRIDLEY MN 55432 363261413 501(C)(3) 34304 LEGACY OF CARING CAPITAL CAMPAIGN AND GENERAL GREATER TWIN CITIES UNITED WAY 404 S 8TH STREET MINNEAPOLIS MN 55404 411973442 501(C)(3) 20240 MATCH EMPLOYEE CONTRIBUTIONS ANOKA COUNTY DEPARTMENT OF PARKS AND RECREATION 550 BUNKER LAKE BLVD ANDOVER MN 55304 416005752 GOVENMENTAL 7500 BUNKER BEACH SPONSORSHIP ALEXANDRA HOUSE PO BOX 49030 BLAINE MN 55449 411309977 501(C)(3) 20000 GENERAL DONATION ANOKA RAMSEY COMMUNITY COLLEGE FOUNDATION 11200 MISSISSIPPI BLVD COON RAPIDS MN 55433 411574797 501(C)(3) 12300 SCHOLARSHIP AMERICAN RED CROSS 1201 W RIVER PKWY MINNEAPOLIS MN 55454 030585610 501(C)(3) 10000 GENERAL DONATION SALVATION ARMY HEATSHARE 2445 PRIOR AVE ROSEVILLE MN 55113 410698597 501(C)(3) 30000 GENERAL DONATION TREE TRUST 2231 EDGEWOOD AVE S ST LOUIS PARK MN 55426 411291626 501(C)(3) 10000 GENERAL DONATION HOPE 4 YOUTH 2665 4TH AVE N 40 ANOKA MN 55303 461626500 501(C)(3) 25900 GENERAL DONATION NATIONAL SPORTS CENTER 1700 105TH AVE NE BLAINE MN 55449 411646516 501(C)(3) 85000 OTHER IN-KIND ELECTRICITY GENERAL DONATION 13 PART I, LINE 2: THE TOTAL AMOUNT OF CONTRIBUTIONS PLANNED FOR A YEAR IS APPROVED BY THE BOARD AS A PART OF OUR ANNUAL PROFIT PLANNING PROCESS. INDIVIDUAL CONTRIBUTIONS ARE APPROVED AND SUBSTANTIATED USING OUR NORMAL PAYMENT APPROVAL PROCESS. X 1 1 X X X X 0 1 0 GREG RIDDERBUSCH PRESIDENT/CEO 393176 0 25000 0 17679 0 0 0 23636 0 459491 0 0 0 MICHAEL BASH VP,CFO 299018 0 59414 0 7162 0 80786 0 27159 0 473539 0 0 0 MATT YSETH VP, ELECTRIC OPERATIONS 228213 0 46114 0 4658 0 48719 0 24684 0 352388 0 0 0 BRIAN BURANDT VP, POWER SUPPLY AND BUSINESS DEVELO 155603 0 14490 0 1712 0 17729 0 23799 0 213333 0 0 0 PETER MILLER VP, HUMAN RESOURCES 221494 0 44265 0 3075 0 43943 0 23465 0 336242 0 0 0 DON HALLER VP, MEMBER SVC, PRODUCTS & SALES 192152 0 35763 0 1192 0 38515 0 24759 0 292381 0 0 0 GREG GROENJES MGR. CONSTRUCTION & MAINT 136449 0 17152 0 1344 0 14932 0 9119 0 178996 0 0 0 NANCY BASARA CONTROLLER 166855 0 21133 0 1107 0 28537 0 24807 0 242439 0 0 0 MARK KOPLIN MGR. INFORMATION TECHNOLO 167369 0 20636 0 344 0 18802 0 21690 0 228841 0 0 0 NICK LOEHLEIN MANAGER OF ENGINEERING 135876 0 16868 0 2842 0 20538 0 26375 0 202499 0 0 0 DARRIN HELGET LINEMAN 149936 0 8312 0 2291 0 23212 0 1459 0 185210 0 0 0 PART I, LINE 1A OUR POLICY IS TO GROSS UP ALL RECOGNITION PAYMENTS $50 AND LESS. THIS APPLIES TO ALL EMPLOYEES, INCLUDING EXECUTIVES. PART I, LINE 4B THE FOLLOWING OFFICER PARTICIPATED IN A NON-QUALIFIED DEFERRED COMPENSATION PLAN: MICHAEL BASH NO DISBURSEMENTS WERE MADE FROM THE PLAN IN 2016. THE DEFERRED COMPENSATION PLAN BALANCES ARE PAYABLE ON DEMAND, IN FULL, BUT THE BALANCES ARE SUBJECT TO RISK OF FORFEITURE UNTIL FULLY DISTRIBUTED. SCHEDULE J, PART II, COLUMN C AS REQUIRED BY THE INSTRUCTIONS TO SCHEDULE J, PART II, COLUMN C INCLUDES THE CHANGE IN ACTUARIAL VALUE IN THE DEFINED BENEFIT PLAN. THESE AMOUNTS CAN VARY DEPENDING ON YEARS OF SERVICE AND ELIGIBLE COMPENSATION. THE CHANGE IN ACTUARIAL VALUES ARE: GREG RIDDERBUSCH - DOES NOT PARTICIPATE MICHAEL BASH - $70,090 MATT YSETH - $38,119 BRIAN BURANDT - $228 PETER MILLER - $33,343 DON HALLER - $30,416 GREG GROENJES - DOES NOT PARTICIPATE NANCY BASARA - $20,782 MARK KOPLIN - DOES NOT PARTICIPATE NICK LOEHLEIN - $14,128 DARRIN HELGET- $16,980 FORM 990, PART VI, SECTION A, LINE 2 MATT YSETH, DONALD HALLER, GREG RIDDERBUSCH, AND MICHAEL BASH ARE ALL OFFICERS OF CONNEXUS ENERGY AND BOARD MEMBERS OF CONNEXUS BLOCKER (A CONTROLLED SUBSIDIARY OF CONNEXUS ENERGY). DON HOLL AND FRAN BATOR ARE BOTH DIRECTORS OF CONNEXUS ENERGY AND GREAT RIVER ENERGY. FORM 990, PART VI, SECTION A, LINE 6 CUSTOMERS WHO PURCHASE ELECTRICITY FROM THE ORGANIZATION ARE MEMBERS OF THE COOPERATIVE. THERE IS ONLY ONE MEMBER CLASS. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER HAS ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS MAY SELL THE PROPERTY OF THE COOPERATIVE UPON SUCH TERMS AND CONDITIONS AS IT DEEMS APPROPRIATE AND IN THE BEST INTEREST OF THE COOPERATIVE. NO SALE OF MORE THAN TWENTY-FIVE (25%) PERCENT OF THE PROPERTY OF THE COOPERATIVE SHALL BE EFFECTIVE, HOWEVER, UNLESS AUTHORIZED AT A REGULAR OR SPECIAL MEETING BY THE AFFIRMATIVE VOTE OF TWO-THIRDS (2/3) OF THE TOTAL NUMBER OF MEMBERS OF THE COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES ARE AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 INFORMATION RETURN IS DELIVERED TO BOARD MEMBERS A WEEK BEFORE THE BOARD MEETING. IT IS REVIEWED WITH THE ENTIRE BOARD OF DIRECTORS AND SENIOR STAFF AT THE BOARD MEETING, PRIOR TO ISSUANCE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ARE COVERED BY THE CONFLICT OF INTEREST POLICY. ANNUALLY, BOARD MEMBERS SIGN A CERTIFICATION STATEMENT THAT THEY MEET THE QUALIFICATIONS OF A BOARD MEMBER. THIS CERTIFICATION INCLUDES CONFLICT OF INTEREST LANGUAGE. IF A BOARD MEMBER STATES ON THE CERTIFICATION THAT THERE IS A CONFLICT, THE ENTIRE BOARD WILL REVIEW THE CONFLICT AT THAT TIME. RESTRICTIONS IMPOSED ON A PERSON WITH A CONFLICT WOULD BE DEPENDENT UPON THE SPECIFIC SITUATION, AND MAY INCLUDE ABSTAINING FROM DISCUSSIONS AND VOTING AND/OR A REQUEST FOR RESIGNATION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS BASED ON MARKET DATA FOR SIMILAR POSITIONS AT COMPARABLE COMPANIES. A MARKET STUDY WAS COMPLETED IN 2014 FOR THE CEO AND FOR OTHER COOPERATIVE OFFICERS. THE BOARD REVIEWS AND APPROVES THE COMPENSATION FOR THE CEO ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS FOR THE PREVIOUS 5 YEARS ARE AVAILABLE ON OUR WEBSITE. ALL OTHER DOCUMENTS ARE MADE 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 EMPLOYEES OF THE COOPERATIVE WHO ARE COVERED BY THE PENSION PLAN. 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. FORM 990, PART XI, LINE 9: CAPITAL CREDITS RETIRED -6,058,565. ALLOCATION OF 2016 MARGINS TO MEMBERS IN 2017 15,096,366. CONNEXUS COMMUNITY SOLAR 1 LLC 14601 RAMSEY BLVD RAMSEY MN 55303 352505435 SOLAR ENERGY INVESTMENT MN N/A CONNEXUS BLOCKER LLC 14601 RAMSEY BLVD RAMSEY MN 55303 465423665 HOLDING COMPANY FOR SOLAR ENERGY INVESTMENTS. MN CONNEXUS ENERGY C -53941 93804 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0