2016-05-13T16:16:31-05:00 2015-12-31 810386935 SUMMERS MCNEA & CO PC 80 25TH STREET WEST BILLINGS MT 591024662 990 2015-01-01 810225169 TONGUE RIVER ELECTRIC COOPERATIVE INC TONG 4067842341 PO BOX 138 ASHLAND MT 59003 DEE DEE ISAACS PRESIDENT 4067842341 2016-05-10 1 BRIAN F VAN STEELAND P00481262 4066522320 2016-05-10 2015 2016-09-27 15:27:22Z TARY HANSON 2435 US HIGHWAY 212 AHLAND MT 59003 12466521 0 X WWW.TONGUERIVERELECTRIC.COM X 1946 MT RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICITY AND SERVICES TO ITS MEMBERS LOCATED IN RURAL MONTANA 10 10 23 0 0 0 0 0 11618519 12375100 19733 17763 76676 73658 11714928 12466521 0 0 547698 44062 535574 513607 0 0 0 10631656 10839711 11714928 11397380 0 1069141 26117857 25743568 23322120 21878690 2795737 3864878 RURAL ELECTRIC COOPERATIVE PROVIDING ELECTRICAL ENERGY AND SERVICES TO ITS MEMBERS AND PATRONS LOCATED IN THE SOUTHEASTERN PORTION OF MONTANA. 0 0 10464959 12462919 RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL POWER AND UTILITIES SERVICES TO APPROXIMATELY 2,678 MEMBERS IN THE SOUTHEASTERN PORTION OF MONTANA. 10464959 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 20 0 1 23 1 0 0 0 0 0 0 0 12965000 87819 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 0 0 1 1 1 0 X BRIAN C TORGERSON 4067842341 2435 US HIGHWAY 212 ASHLAND MT 59003 DEE DEE ISAACS PRESIDENT 10.40 X X 13727 0 0 JIM COLLINS VICE PRESIDENT 3.90 X X 4988 0 0 TODD TIBBETTS SECRETARY/TREASURER 2.20 X X 2550 0 0 DIANA MCLEAN NORTHERN CHEYENNE REPRESENTATIVE 1.20 X 1575 0 0 GERHARD W HELM DIRECTOR 4.80 X 4550 0 0 CRAIG RANDALL DIRECTOR 1.15 X 1575 0 0 RICHARD HAMILTON DIRECTOR 1.00 X 1050 0 0 ROBERT JANSSEN DIRECTOR 3.50 X 3675 0 0 ALBERT KNOBLOCH ASSISTANT SEC/TREASURER 1.20 X X 1925 0 0 MICHAEL SPEELMAN DIRECTOR 1.00 X 1050 0 0 TARY HANSON GENERAL MANAGER 40.00 X 117210 0 22390 BRIAN TORGERSON CONTROLLER 40.00 X 72485 0 16188 226360 0 38578 1 0 0 0 TITAN ELECTRIC INC 4933 SCENIC RTE CASPER WY 82601 ELECTRICAL LINE CONTRACTOR 423721 COLSTRIP ELECTRIC INC PO BOX 1934 COLSTRIP MT 59323 ELECTRICAL CONTRACTOR 136436 2 UTILITIES & SERVICES 221000 12375100 12375100 12375100 17763 17763 3602 0 3602 3602 3602 PATRONAGE CAPITAL CREDITS 221000 64581 64581 MISC 221000 2788 2788 MERCHANDISING 221000 2687 2687 70056 12466521 12462919 0 3602 44062 44062 264938 264938 175545 175545 73124 73124 11927 11927 14414 14414 1312 1312 70225 70225 47930 47930 837666 837666 942737 867129 75608 2949 2949 COST OF POWER 6857175 6857175 DISTRIBUTION OPERATIONS 1046110 1046110 DISTRIBUTION MAINTENANC 431617 431617 CONSUMER ACCOUNTS 226895 226895 348754 154305 194449 11397380 10464959 932421 0 589996 60705 72505 12136 2318722 1168139 418376 536032 863064 793689 37362305 15195742 21064682 22166563 713135 726302 77377 280002 26117857 25743568 854956 767230 21963063 20539642 504101 571818 23322120 21878690 X 26898 27038 153265 162377 2615574 3675463 2795737 3864878 26117857 25743568 1069141 0 X X 0 1 X 1 0 211626 211626 875535 572373 303162 2722435 1675639 1046796 33552709 12947730 20604979 22166563 ACCRUED PROPERTY TAXES 123824 ACCRUED INTEREST 38099 CAPITAL CREDITS PAYABLE 18564 CONSUMER PREPAYMENTS 57546 CONSUMER DEPOSITS 222432 ACCRUED VACATION, PAYROLL TAXES, ETC 111353 571818 X 13056421 589900 589900 12466521 0 12466521 11353316 0 11353316 44064 44064 11397380 PART X, LINE 2: THERE ARE NO UNCERTAIN TAX POSITION EXISTING AT DECEMBER 31, 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: CONTRIBUTION IN AID OF CONSTRUCTION RECEIVED FROM MEMBERS FOR PLANT CONSTRUCTION PART XII, LINE 4B - OTHER ADJUSTMENTS: BENEFITS PAID TO MEMBERS- CAPITAL CREDITS RETIREMENTS PART VI LINE 1E-OTHER PROPERTY PART VI-LINE 1E-OTHER PROPERTY-INCLUDES DISTRIBUTION PLANT OF POLES, WIRE, TRANSFORMERS, METERS AND STATION EQUIPMENT TOTALING $32,540,837; CONSTRUCTION WORK IN PROGRESS TOTALING $1,011,872. 1 X X 0 0 0 DEE DEE ISAACS PRESIDENT 13727 0 0 0 0 0 0 0 0 0 13727 0 0 0 JIM COLLINS VICE PRESIDENT 4988 0 0 0 0 0 0 0 0 0 4988 0 0 0 TODD TIBBETTS SECRETARY/TREASURER 2550 0 0 0 0 0 0 0 0 0 2550 0 0 0 DIANA MCLEAN NORTHERN CHEYENNE REPRESENTATIVE 1575 0 0 0 0 0 0 0 0 0 1575 0 0 0 GERHARD W HELM DIRECTOR 4550 0 0 0 0 0 0 0 0 0 4550 0 0 0 CRAIG RANDALL DIRECTOR 1575 0 0 0 0 0 0 0 0 0 1575 0 0 0 RICHARD HAMILTON DIRECTOR 1050 0 0 0 0 0 0 0 0 0 1050 0 0 0 ROBERT JANSSEN DIRECTOR 3675 0 0 0 0 0 0 0 0 0 3675 0 0 0 ALBERT KNOBLOCH ASSISTANT SEC/TREASURER 1925 0 0 0 0 0 0 0 0 0 1925 0 0 0 MICHAEL SPEELMAN DIRECTOR 1050 0 0 0 0 0 0 0 0 0 1050 0 0 0 TARY HANSON GENERAL MANAGER 117210 0 0 0 0 0 6202 0 16188 0 139600 0 0 0 BRIAN TORGERSON CONTROLLER 72485 0 0 0 0 0 0 0 16188 0 88673 0 0 0 DEE DEE ISAACS - FRED'S HARDWARE AN BUSINESS OWNED BY MEMBER OF BOARD OF DIRECTORS 10157 PURCHASE OF SUPPLIES AND TIRE REPAIRS 0 FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE HAS 2,678 VOTING MEMBERS AT DECEMBER 31, 2015. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THREE BOARD OF DIRECTORS TO SERVE A THREE YEAR TERM AT THE COOPERATIVE ANNUAL MEETING HELD IN JULY OF EACH YEAR. FORM 990, PART VI, SECTION A, LINE 7B ALL BYLAW CHANGES RECOMMENDED BY THE BOARD OF DIRECTORS ARE APPROVED AND RATIFIED BY THE MAJORITY OF MEMBERSHIP AT THE COOPERATIVE ANNUAL MEETING FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED AND APPROVED BY THE OFFICE MANAGER, GENERAL MANAGER, AND THE BOARD PRESIDENT PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 15 MONTANA STATEWIDE ORGANIZATION -MONTANA ELECTRIC COOPERATIVE ASSOCIATION (MECA) AND THE NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION (NRECA) PERFORMS AN ANNUAL SALARY SURVEY BY JOB CLASSIFICATION. THE BOARD OF DIRECTORS MAKES USE OF THESE SALARY SURVEYS FROM NRECA AND MECA TO DETERMINE THE SALARY GUIDELINES FOR THE GENERAL MANAGER SALARY. MANAGEMENT USES THESE SALARY SURVEYS AND THE EMPLOYMENT COST INDEX TO DETERMINE THE RANGE OF SALARIES FOR THE COOPERATIVE'S LINEMAN AND ADMINISTRATIVE PERSONNEL. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL REPORTS - RUS FORM 7 AND FORM 990 ARE AVAILABLE UPON REQUEST AT THE COOPERATIVE HEADQUARTER OFFICE LOCATED IN ASHLAND, MONTANA. PART XII LINE 2C THE BOARD OF DIRECTORS REQUIRE A FORMAL THREE YEAR ENGAGEMENT LETTER CONTRACT FIXING THE ANNUAL AUDIT FEE AND PERFORMS OVERSIGHT OVER THE AUDIT. IN ADDITION, THE AUDITOR IS REQUIRED TO FORMALLY PRESENT THE AUDIT AND ANY FINDINGS TO THE BOARD OF DIRECTORS.