2016-10-04T13:13:56-05:00 2015-12-31 910189318 Moss Adams LLP 805 SW Broadway Ste 1200 Portland OR 97205 990 2015-01-01 930300375 Umatilla Electric Cooperative UMAT 8004522273 750 W Elm Ave PO Box 1148 Hermiston OR 97838 Robert M Echenrode General Manager and CEO 8004522273 2016-09-20 1 Wendy Campos P00448102 5032421447 2016-09-19 2015 2017-02-10 21:41:12Z Robert M Echenrode 750 W Elm Ave PO Box 1148 Hermiston OR 97838 89259422 0 X www.umatillaelectric.com X 1937 OR UMATILLA ELECTRIC COOPERATIVE IS A MEMBER-OWNED ELECTRIC UTILITY THAT SELLS ENERGY AND OTHER SERVICES TO IMPROVE THE QUALITY OF LIFE IN ITS SERVICE COMMUNITIES. 7 7 92 0 21330 0 0 0 76515061 87253768 794890 857736 612069 1003484 77922020 89114988 171231 133238 7162443 9343846 6285068 5244527 0 0 0 63364715 74393377 76983457 89114988 938563 0 140701287 147355692 78240365 79058107 62460922 68297585 Umatilla Electric Cooperative is a member-owned electric utility that sells energy and other services to improve the quality of life in its service communities. 0 0 Distribution of power to rural electric utility customers. 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 260 0 1 92 1 1 1 0 0 0 0 0 0 89058475 1285736 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 1 1 X Robert M Echenrode 8004522273 750 W Elm Ave PO Box 1148 Hermiston OR 97838 Jeff Wenholz Director, President 12.00 X X 21025 0 0 W Bryan Wolfe Director, Vice President 17.00 X X 21518 0 0 Robert H Macpherson Director, Secretary/Treasurer 9.00 X X 19943 0 0 Glenn L Rohde Director 8.00 X 22810 0 0 Lee E Docken Director 7.00 X 21920 0 0 Rose Etta Ansotegui Director 22.00 X 16853 0 0 John A Otis Director 6.00 X 23488 0 0 M Steven Eldrige General Manager and CEO 57.00 3.00 X 378139 14667 97716 Jeffry S Weiss COO 23.00 X 69896 0 0 Steven L Ferraro Manager of Operations 48.00 X 159675 0 58385 Cindy M Finlayson Director of Economic Development & Regional Affair 60.00 X 156923 0 59012 Dustin C Grogan Foreman 53.00 X 155167 0 40315 Kevin C Ince Manager of Finance 47.00 X 152547 0 25129 Jim H Lands General Foreman 50.00 X 149084 0 61777 1368988 14667 342334 24 0 1 0 Hoffman Construction Company 805 SW Broadway Suite 2100 Portland OR 97205 Plant Construction/Maintenance 7639555 Chervenell Construction Company 7511 W Arrowhead B Kennewick WA 99336 Building Construction 4618233 Tice Electric Company 5405 N Lagoon Ave Portland OR 97217 Plant Construction/Maintenance 1568438 Toth & Associates 830 E Primrose STE 200 Springfield MO 65807 Engineering Services 1484322 Michels Power 9433 Dowcor Lane SW Tumwater WA 98512 plant Construction/Maintenance 974667 31 Sale of Electricity 221000 87132550 87132550 Pole Rent 531390 121218 121218 87253768 831755 831755 183295 97696 85599 85599 21330 64269 59343 33362 25981 25981 25981 15570 13376 2194 2194 INCOME/(LOSS) FROM EQUITY INVESTM 221000 518850 518850 Other - Net 221000 396841 396841 915691 89114988 88908171 21330 185487 133238 9343846 707974 4536553 273199 39425 2375623 4792565 Cost of Power 56995855 Distribution 3932278 Administrative and Gene 2594277 Consumer Accounts 1010039 2380116 89114988 15601566 2551198 51065 51107 8697523 9234563 0 46264 3531911 2955859 2016049 3266547 2671555 2338962 172103656 58352581 96773647 113751075 3666545 4764169 6680129 6588002 1011297 1807946 140701287 147355692 10599995 12021175 58237589 61919970 9402781 5116962 78240365 79058107 X 49405 49400 12682541 12831518 49728976 55416667 62460922 68297585 140701287 147355692 X 0 5836663 X X 0 1 X 1 0 250 250 1 Oregon ACRE 1750 Liberty St SE Salem OR 97302 470861601 250 Part I-A, Line 1: Contribution to a nonpartisan political action committee supporting candidates for the oregon legislature and congress who are friends of rural electrification. 1348509 1348509 554655 8057561 3536411 5075805 11742411 8369247 3373164 150400520 46446923 103953597 113751075 Customers' Advance for construction 4110989 Post Retirement and Deferred Compensation 1005973 5116962 X 89159702 44714 44714 89114988 0 89114988 79815856 44714 44714 79771142 9343846 9343846 89114988 Part X, Line 2: THE COOPERATIVE IS EXEMPT FROM ALL FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE WHILE FUNCTIONING FOR THE BENEFIT OF ITS MEMBERS. THE COOPERATIVE IS LIABLE FOR INCOME TAX ON ANY UNRELATED BUSINESS INCOME. THE WHOLLY-OWNED SUBSIDIARY, RSC, IS A TAXABLE ENTITY AT THE FEDERAL AND STATE LEVELS. THE COOPERATIVE ADOPTED ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10, RELATING TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE COOPERATIVE DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. THE COOPERATIVE FILES AN EXEMPT ORGANIZATION TAX RETURN IN THE U.S. FEDERAL JURISDICTION. Part XI, Line 2d INTEREST EXPENSE ALLOCABLE TO RENTAL INCOME - $44,714 Part XII, Line 2d INTEREST EXPENSE ALLOCABLE TO RENTAL INCOME - $44,714 Part XII, Line 4b 2015 ALLOCATION OF MARGINS - $9,343,846 1 Farmers Ending Hunger PO Box 7361 Salem OR 97303 800505305 501(c)(3) 40000 General Support Eastern Oregon Mission 500 Harper Rd Hermiston OR 97838 943055593 501(c)(3) 25000 General Support Great Corp 530 E Main ST John Day OR 97845 931119213 501(c)(3) 7500 General Support Farm City Pro Rodeo 495 E Main St Hermiston OR 97838 931017956 501(c)(4) 7500 General Support American Cancer Society 7325 W Deschutes Ave Kennewick WA 99336 131788491 501(c)(3) 7000 General Support Sage Center 101 Olsen Rd Boardmen OR 97818 930575616 501(c)(4) 25000 General Support Farm City Pro Rodeo 495 E Main St Hermiston OR 97838 931017956 501(c)(4) 5100 Video Replay Sponsorship Hydromania Contribution - UEC PO BOX 1148 Hermiston OR 97383 930300375 501(c)(12) 16138 General Support 4 4 X X X 0 1 0 M Steven Eldrige General Manager and CEO 254268 14667 48078 0 75793 0 79077 0 18639 0 475855 14667 0 0 Steven L Ferraro Manager of Operations 139690 0 15000 0 4985 0 41690 0 16695 0 218060 0 0 0 Cindy M Finlayson Director of Economic Development & R 130177 0 25000 0 1746 0 48205 0 10807 0 215935 0 0 0 Dustin C Grogan Foreman 154892 0 0 0 275 0 27847 0 12468 0 195482 0 0 0 Kevin C Ince Manager of Finance 136968 0 15000 0 579 0 23005 0 2124 0 177676 0 0 0 Jim H Lands General Foreman 147205 0 0 0 1879 0 49251 0 12526 0 210861 0 0 0 Part I, Line 4b STEVEN M ELDRIGE - $66,897 Steven M Eldrige General Manager/CEO CSV of Split Dollar Life Insurance Policy X 46264 46264 0 1 1 46264 Form 990, Part VI, Section A, line 6 THE ORGANIZATION IS A COOPERATIVE FORMED TO PROVIDE ELECTRIC SERVICE TO ITS MEMBERS. THE MEMBERS ELECT THE GOVERNING BODY AND APPROVE CHANGES IN THE BYLAWS. MEMBERS RECEIVE THE COOPERATIVE'S MARGINS THROUGH THE APPROVAL OF RETIREMENT OF PATRONAGE CAPITAL. Form 990, Part VI, Section A, line 7a There is one class of membership for all members. A member is entitled to one vote to elect the Board of Directors. Form 990, Part VI, Section A, line 7b Members vote to approve changes in the bylaws and to elect the Board of Directors. Form 990, Part VI, Section B, line 11 The Board of Directors reviews the Form 990 prior to submission. Form 990, Part VI, Section B, line 12c THE ORGANIZATION MAINTAINS A BOARD-APPROVED CONFLICT OF INTEREST POLICY AND MONITORS COMPLIANCE WITH ITS STANDARDS. EACH MEMBER OF THE BOARD IS REQUIRED TO REVIEW AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT ON AN ANNUAL BASIS. ANY CONFLICTS OF INTEREST ARE DISCLOSED TO THE FULL BOARD AND APPROPRIATE ACTION IS TAKEN BY THE CEO AS OUTLINED WITHIN THE POLICY. CONFLICTS OF INTEREST ARE GENERALLY AVOIDED AND ANY ACTIONS TAKEN ARE DETERMINED BY THE NATURE OF THE SITUATION. Form 990, Part VI, Section B, line 15a Independent consultant provided the cooperative board with a CEO market valuation. The valuation was the basis for setting the compensation level, approved by the Board. Form 990, Part VI, Section C, line 19 BY-LAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST TO THE MEMBERSHIP AT THE COOPERATIVE'S HEADQUARTERS. THE ANNUAL FINANCIAL STATEMENTS ARE PUBLISHED IN THE RURALITE PUBLICATION. Form 990, Part XI, line 9: Retirement of patronage capital -3,656,155. AMORTIZATION OF POST RETIREMENT BENEFIT GAIN -25,600. INCREASE IN MEMBERSHIP & OTHER EQUITY 174,572. 2015 ALLOCATION OF MARGINS 9,343,846. Eastern Oregon Holding Company 1475 N 1st Street Hermiston OR 97838 931320684 Telecom OR N/A N/A 0 0 Northeast Oregon Now LLC 750 W Elm Ave Hermiston OR 97383 352459905 Communication OR N/A N/A 0 0 Rural Services Company 750 W Elm Ave Hermiston OR 97383 912173565 Broadband/Investment OR Umatilla Electric Cooperative C -447081 4789928 1.00000 1 1 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 Rural Services Company A 20576 Eastern Oregon Holding Company D 4248012 Eastern Oregon Telecom J 154662 RSC EOHC EOT Q 49844 Rural Services Company O 14667