2016-08-03T14:56:25-05:00 2015-12-31 391277627 BAUMAN ASSOCIATES LTD PO BOX 1225 EAU CLAIRE WI 547021225 990 2015-01-01 390548758 PRICE ELECTRIC COOPERATIVE PRIC 7153392155 PO BOX 110 PHILLIPS WI 54555 WILLIAM L CAYNOR SR PRESIDENT/ CEO 7153392155 2016-04-29 true NATHAN KALEPP CPA P01320467 7158342001 2016-05-25 2015 2016-12-15 16:53:06Z WILLIAM L CAYNOR SR PO BOX 110 PHILLIPS WI 54555 12633143 false X WWW.PRICE-ELECTRIC.COM X 1940 WI DISTRIBUTE ELECTRIC SERVICE TO RURAL MEMBERS/CONSUMERS 9 9 30 35527 13807 0 13008252 12546253 23005 33777 36456 36680 13067713 12616710 0 1047440 751430 274753 327159 0 0 11745520 11538121 13067713 12616710 0 41119961 42273458 22903699 23692384 18216262 18581074 DISTRIBUTE ELECTRIC SERVICE TO RURAL MEMBERS/CONSUMERS false false PRIMARY EXEMPT PURPOSE IS THE DISTRIBUTION OF ELECTRIC SERVICE TO RURAL MEMBERS/CONSUMERS. false false false false false false false false false true false true false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 44 0 30 true true true false false false false 12380507 538917 false X 9 9 false false false false true true true true true false false false true true true true true true true false X THE ORGANIZATION 7153392155 PO BOX 110 PHILLIPS WI 54555 FRANCIS GWINN SECRETARY/TR 7.00 X 7183 0 0 RANDY KUNSCH DIRECTOR 6.00 X 6455 0 0 MICHAEL MEIER DIRECTOR 7.00 X 6329 0 0 EDWARD HAINY PRESIDENT 5.00 X 5810 0 0 MIKE ATKINSON DIRECTOR 5.00 X 4679 0 0 GERALD LUKE DIRECTOR 6.00 X 4550 0 0 MIKE ZIERER DIRECTOR 3.00 X 4162 0 0 KIRK KLASSEN DIRECTOR 5.00 X 4021 0 0 RONALD MCLAUGHLIN VICE CHAIR ( 5.00 X 2461 0 0 KAREN NEWBURY DIRECTOR (JU 3.00 X 1795 0 0 WILLIAM L CAYNOR SR PRESIDENT/ C 50.00 X 127221 0 73834 JOANNE KOLB MGR OF FIN A 50.00 X 81295 0 26424 255961 100258 1 false true false MOLL'S UTILITY SERVICE 622 170TH ST HAMMOND WI 54015 CONSTRUCTION 442957 MAKOVSKY BRUSH SERVICE N3852 PRENTICE ROAD PRENTICE WI 54556 RIGHT OF WAY CL 403627 NORTHERN CLEARING INC 1805 MAIN STREET W ASHLAND WI 54806 RIGHT OF WAY CL 114740 3 ELECTRIC REVENUE 12102224 12102224 OTHER REVENUE 444029 444029 12546253 18807 18807 14970 14970 14970 14970 53113 16433 36680 1153 35527 12616710 12118347 35527 462836 751430 327159 1012907 1590582 COST OF POWER 5305102 DISTRIBUTION - MAINTENANC 1225028 DISTRIBUTION - OPERATIONS 893513 ADMINISTRATIVE AND GENERA 840960 670029 12616710 0 0 0 265222 336809 1281858 1200075 686064 569188 804452 725055 49903368 15903913 33282025 33999455 4730509 5086638 14322 36413 55509 319825 41119961 42273458 1204000 1170560 21174371 22076315 525328 445509 22903699 23692384 X 18216262 18581074 18216262 18581074 41119961 42273458 0 364812 X false false false 340048 340048 49563320 15903913 33659407 33999455 INVESTMENTS IN ASSOC ORGS 5086638 C 5086638 DEFERRED CREDITS 373992 CONSUMER DEPOSITS 54110 UNAMORTIZED GAIN 17407 445509 X X false false false WILLIAM L CAYNOR SR PRESIDENT/ CEO 127221 59023 14811 201055 FORM 990, PAGE 6, PART VI, LINE 6 EXPLANATION: EACH MEMBER IS ENTITLED TO ONE VOTE PER MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A EXPLANATION: ON A ROTATING BASIS, MEMBERS FROM THREE OF THE NINE DISTRICTS MEET ANNUALLY TO SELECT TWO MEMBERS TO NOMINATE AS CANDIDATES FOR THE OFFICE OF THE BOARD OF DIRECTORS. MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 7B EXPLANATION: EACH MEMBER IS ENTITLED TO ONE VOTE PER MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B EXPLANATION: THE BOARD MEMBERS REVIEW FORM 990 AT THE BOARD MEETING BEFORE IT IS SIGNED AND FILED. THE PRESIDENT/CEO AND MANAGER OF FINANCE AND ADMINISTRATION REVIEW FORM 990 BEFORE IT IS SIGNED. FORM 990, PAGE 6, PART VI, LINE 12C FORM/QUESTIONAIRE IS PROVIDED AT BOARD MEETING FOLLOWING THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 15A EXPLANATION: DIRECTORS OF PRICE ELECTRIC COOPERATIVE REVIEW THE PRESIDENT/CEO'S COMPENSATION ON AN ANNUAL BASIS. THE BOARD IS PROVIDED WITH STATE AND REGIONAL COOPERATIVE COMPARABILITY DATA FROM THE NRECA NATIONAL COMPENSATION SURVEY TO DETERMINE THE PRESIDENT/CEO COMPENSATION. AS PER WAGE AND SALARY ADMINISTRATION BOARD POLICY, THE DIRECTORS ALSO APPROVE A COMPENSATION PLAN FOR ALL OTHER COOPERATIVE EMPLOYEES AND IT IS THE CEO'S RESPONSIBILITY TO ADMINISTER THAT PLAN. THE CEO ESTABLISHES PERFORMANCE RANGES BY POSITION THAT ARE BASED ON THE SAME NRECA SURVEY. DIRECTORS OF PRICE ELECTRIC AUTHORIZE THE CEO TO DETERMINE OTHER OFFICER AND EMPLOYEE COMPENSATION BASED ON THE RANGES AND PERFORMANCE. FORM 990, PAGE 6, PART VI, LINE 15B EXPLANATION: SEE ABOVE FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTATION IS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 ALLOCATION OF MARGINS 751,428 GAIN ON ESTATE RETIREMENTS 44,930 TOTAL CAPITAL CREDIT RETIEMENTS -431,546 TOTAL 364,812