2016-10-27T08:07:18-05:00 2015-12-31 450310328 BRADY MARTZ & ASSOCIATES PC PO BOX 1297 BISMARCK ND 585021297 990 2015-01-01 450217935 MOR GRAN SOU ELECTRIC MORG 7015973301 PO BOX 297 FLASHER ND 585350297 TRAVIS KUPPER CFO 7015794191 2016-10-12 1 PATRICK J BROWN P00149579 7012231717 2016-10-07 2015 2017-02-10 21:41:12Z TRAVIS KUPPER PO BOX 297 FLASHER ND 585350297 19409451 0 X WWW.MORGRANSOU.COM X 1940 ND PROVIDE ELECTRIC UTILITY SERVICE 9 9 27 0 93737 80687 0 0 18381782 18249033 33122 114476 1016180 1045942 19431084 19409451 0 0 1349490 1137933 2486964 2564720 0 0 0 15594630 15706798 19431084 19409451 0 0 84208733 93955573 50195411 58985006 34013322 34970567 MOR-GRAN-SOU ELECTRIC COOPERATIVE IS DEDICATED TO PROVIDING AFFORADABLE, RELIABLE ENERGY & SERVICES THAT SUPPORT AND UNITE OUR MEMBER-OWNERS. 0 0 .MOR-GRAN-SOU PROVIDES RELIABLE, AFFORDABLE ENERGY TO ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 91 0 1 27 1 1 1 0 0 0 0 0 0 18159786 944971 0 X 9 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X TRAVIS KUPPER CFO 7015973301 202 6TH AVE W FLASHER ND 58535 X MARK DOLL PAST PRESIDENT 6.00 X 4900 0 0 VERN FREDERICK DIRECTOR 6.00 X 6800 0 0 PAM GEIGER SECRETARY/TREASURER 6.00 X X 4600 0 0 ROBERT GAEBE DIRECTOR 6.00 X 3200 0 0 CASEY WELLS DIRECTOR 6.00 X 6400 0 0 LELAND BARTH PRESIDENT 6.00 X X 8200 0 0 ROBERT LEINGANG DIRECTOR 6.00 X 6100 0 0 CHAD HARRISON DIRECTOR 6.00 X 5300 0 0 LANCE FROELICH DIRECTOR 6.00 X 4000 0 0 BONNIE TOMAC DIRECTOR 6.00 X 2200 0 0 DON FRANKLUND IEA EMPLOYEE CO-MANAGER 0.00 X 0 0 0 CHRIS BAUMGARTNER IEA EMPLOYEE CO-MANAGER 0.00 X 0 0 0 TRAVIS KUPPER IEA EMPLOYEE CFO 0.00 X 0 0 0 RANDY RESSLER OPERATIONS MANAGER 40.00 X 122714 0 56480 JACQELINE MILLER CHIEF OF STAFF 40.00 X 117160 0 56523 291574 0 113003 2 0 1 0 3C CONSTRUCTION LLC 4001 30TH AVE NW MANDAN ND 58554 DISTRIBUTION LINE WORK 559569 INNOVATIVE ENERGY ALLIANCE 4585 COLEMAN ST BISMARCK ND 58503 MANAGEMENT SERVICES 484232 FISHER CONTRACTING 3335 SARATOGA AVE BISMARCK ND 58501 HEAVY/HIGHWAY CIVIL CONTRACTOR 315163 BULLINGER TREE SERVICES 4101 33RD AVE NW MANDAN ND 58554 TREE AND SHRUB MAINTENANCE/REMOVAL SERVI 241516 KADRMAS LEE & JACKSON INC PO BOX 4130 BISMARCK ND 58502 ENGINEERING SERVICES 207426 6 SALE OF ELECTRICITY 900099 18242358 18242358 IEA K-1 900099 6675 6675 18249033 114476 114476 CAPITAL CREDITS 900099 528472 528472 MISCELLANEOUS 900099 421497 421497 K-1 WDUS HOLDINGS 230000 95973 93737 2236 1045942 19409451 19199002 93737 116712 1137933 291574 1834999 438147 484232 2171615 2328941 TAXES 9525 POWER COST - TRANSMISSI 8300818 DIST EXP - OPERATIONS 1592942 DISTRIBUTION MAINTENANC 1321590 -502865 19409451 2870552 3225088 2500000 10250851 543625 1432227 2434594 2789104 3907 1866 1641483 1520836 1103868 930933 95047020 29232292 65162462 65814728 7948242 7989940 84208733 93955573 1461222 2117429 46170474 53062362 2563715 3805215 50195411 58985006 X 0 0 0 0 34013322 34970567 34013322 34970567 84208733 93955573 X 0 957245 X X 0 1 X 1 0 407670 407670 2703846 15987 2687859 81334899 29216305 52118594 10600605 10600605 65814728 MEMBERSHIPS 5050 C PATRONAGE CAPITAL CREDITS 5740371 C INVESTMENT IN WDUS HOLDINGS 1743419 C FEDERATED STOCK 122422 C PATRONAGE CAPITAL CREDITS FROM NONPROFIT 256901 C COBANK CLASS "E" STOCK 121777 C 7989940 DEFERRED CREDITS - RUS APPROVED DEFERRALS 3805215 3805215 X 19409451 0 19409451 0 19409451 18271518 0 18271518 1137933 1137933 19409451 PART X, LINE 2: FIN 48 DISCLOSURE--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. PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATION OF CURRENT YEAR NET INCOME TO MEMBERS-PARTRONAGE CAPITAL 1,137,933. 0 0 0 RANDY RESSLER OPERATIONS MANAGER 122714 0 0 0 0 0 44547 0 11933 0 179194 0 0 0 JACQELINE MILLER CHIEF OF STAFF 117160 0 0 0 0 0 34047 0 22476 0 173683 0 0 0 INNOVATIVE ENERGY ALLIANCE DON FRANKLUND AND CHRIS BAUMGARTNER ARE OFFICES OF BOTH ENTITIES 484232 PAYMENTS FOR MANAGEMENT SERVICES PERFORMED 0 FORM 990, PART VI, SECTION A, LINE 3 INNOVATIVE ENERGY ALLIANCE IS A SEPARATE LLC FORMED BY FOUR ELECTRIC COOPERATIVES IN THE STATE OF NORTH DAKOTA TO PROVIDE MANAGEMENT AND ADVISORY SERVICES TO THE FOUR COOPERATIVES. MOR GRAN SOU COOPERATIVE HAS HIRED INNOVATIVE ENERGY ALLIANCE TO PROVIDE MANAGEMENT, HUMAN RESOURCES AND INFORMATION SERVICES. FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUALS AND ENTITIES RECEIVING ELECTRICAL POWER FROM THE COOPERATIVE ARE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS MAY VOTE. MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B AT THE ANNUAL MEETING, ALL BYLAW CHANGES MUST BE APPROVED BY THE MEMBERS AND THE MEMBERS MAY VOTE ON MOTIONS CONCERNING THE OPERATIONS OF THE COOPERATIVE. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY TO BE REVIEWED AND APPROVED AT A MONTHLY BOARD MEETING PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS ARE REQUIRED TO ANUALLY SIGN A CONFLICT OF INTEREST POLICY AND UPDATE THE BOARD MEMBERS AY TIME A CONFLICT ARISES. FORM 990, PART VI, SECTION B, LINE 15 COSTS FOR MANAGEMENT WERE COMPARED TO STATE AVERAGES, PRIOR WAGES, AND APPROVED BY THE FULL BOARD AFTER BOARD DELIBERATION. PAY IS REVIEWED ANNUALLY. CHANGES ARE BASED ON MERIT, CPI AND COMPARATIVE WAGES. BOARD OF DIRECTORS MUST APPROVE. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND ANNUAL FINANCIAL STATEMENTS AVAILABLE TO THEIR MEMBERS ON THE ORGANIZATION'S WEBSITE. ANNUAL FINANCIALS ARE PRESENTED AT THE ANNUAL MEMBERSHIP MEETING EACH YEAR IN JULY. GOVERNING DOCUMENTS ARE MADE AVAILABLE TO EACH MEMBER WHEN THEY INITIALLY BECOME A MEMBER. FORM 990, PART VII DON FRANKLUND, CHRIS BAUMGARTNER, AND TRAVIS KUPPER ARE EMPLOYEES OF INNOVATIVE ENERGY ALLIANCE, A SEPARATE UNRELATED ENTITY THAT PROVIDES MANAGEMENT SERVICES TO RURAL ELECTRIC COOPERATIVES IN NORTH DAKOTA. FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -223,391. ALLOCATED CAPITAL CREDITS 1,137,933. GAIN ON RETIREMENT OF CAPITAL CREDITS 42,703. FORM 990, PART XI, LINE 2 (C) THERE WAS NO CHANGE IN THE OVERSIGHT OR SELECTION PROCESS OF THE INDEPENDENT AUDITORS. THE FULL BOARD OF DIRECTORS REVIEWED AND APPROVED THE INDEPENDENT AUDITORS. PART IX, LINE 4 THE AMOUNT ON THIS LINE IS FOR PARTONAGE DIVIDENDS. THE COOPERATIVE HAS INTERPRETED PATRONAGE DIVIDENDS TO MEAN THE AMOUNT OF CAPITAL CREDITS THAT WERE ALLOCATED TO MEMBERS IN THE CURRENT YEAR. FORM 990, PART IX, LINE 24 (F) ALL OTHER EXPENSE IS A NEGATIVE BALANCE DUE TO SALARIES AND BENEFITS BEING INCLUDED IN OTHER EXPENSE CATEGORIES AND ALSO BEING CAPITALIZED AS PART OF THE CONSTRUCTION/REPAIRS TO THE POWER SYSTEM THROUGHOUT THE YEAR. WDUS HOLDINGS LLC 4001 30TH AVE NW MANDAN ND 58554 473324612 PROVIDE CONSTRUCTION SERVICES TO ELECTRIC COOPERATIVES ND UNRELATED 93737 2761730 0 0 0.33330 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 WDUS HOLDINGS LLC M 559569 ACTUAL COST WDUS HOLDINGS LLC F 500000 CASH