2016-05-23T07:28:09-07:00 2015-12-31 DECORIA MAICHEL AND TEAGUE PS 7307 N DIVISION ST Ste 222 SPOKANE WA 992086545 990 2015-01-01 840340655 United Power Inc UNIT 3036590551 PO Box 929 Brighton CO 80601 John Parker CFO 2016-05-23 true Micheal A DeCoria P01217290 5095353503 2015 2016-09-27 15:27:22Z 217021304 false false X www.unitedpower.com X 1938 CO Cooperative rural electric utility. 11 11 190 0 0 188428797 216667603 113867 54968 -33050 180893 188509614 216903464 0 17972219 19822862 15537054 15725615 0 0 155128629 181475714 188637902 217024191 -128288 -120727 372823998 383092522 222161755 217264514 150662243 165828008 United Power's mission is to distribute electrical energy to its members. false false The Cooperative provides electric service to approximately 64,500 members. false false false false false false false false false false true false true false true true false true 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 false false true false false false false true 80 0 true 190 true false false false false false false false false false 206516136 3191588 false false false X 11 11 false false false false true true false true true false false true true true true true true true true false X The Organization 3036590551 PO Box 929 Brighton CO 806010929 Beth Martin Secr-Treasurer 13.60 0.00 X X 15425 0 0 Bill Berens Director 3.60 0.00 X 5325 0 0 Bob Grant Asst. Sec/Trea 11.20 0.00 X X 18875 0 0 Brian McCormick President 17.40 0.00 X X 24647 0 0 Doug Pryce Director 15.20 0.00 X 20375 0 0 James Vigesaa Vice President 9.60 0.00 X X 13375 0 0 Susan Petrocco Director 3.70 0.00 X 1975 0 0 Dave Rose Director 8.90 0.00 X 19600 0 0 Rick Newman Director 11.00 0.00 X 15655 0 0 Tim Erickson Director 14.50 0.00 X 22806 0 0 Ursula Morgan Director 22.10 0.00 X 19850 0 0 Virginia Buczek Director 17.70 0.00 X 19425 0 0 Ronald Asche CEO 40.00 0.00 X 377563 0 89293 John Parker CFO 40.00 0.00 X 166040 0 72934 Troy Whitmore Dir of External Af 40.00 0.00 X 149180 0 75003 Dean Hubbuck Mng of Engineering 40.00 0.00 X 167757 0 66591 Mitzi Rea Manager of IS 40.00 0.00 X 137988 0 53925 Antelia Salazar-Ball Manager of MS 40.00 0.00 X 127348 0 61599 Myke Weis Manager of OPS 40.00 0.00 X 132633 0 66958 1455842 486303 40 false true false Ward Electric Company Inc Line Construction 8232825 Asplundh Tree Expert Co Tree Trimming 1292654 Reliable Power Consultants Inc Substation Construct 1119799 N Line Electric LLC Substation Construct 1023113 NEI Electric Power Engineering Inc Substation Construct 446061 5 0 Capital credits 221000 8282369 8282369 Electricity sales 221000 206986877 206986877 Other operating revenue 221000 1398357 1398357 216667603 172808 172808 0 0 183780 183780 183780 183780 117840 -117840 -117840 -117840 0 0 0 Other non-operating, net -2887 -2887 -2887 216903464 216546876 356588 0 0 0 19822862 903163 0 9048440 2512942 3261070 0 0 95476 45160 0 0 0 0 1023650 910107 808922 0 0 116788 0 108532 6983682 0 8289621 358105 Purchased power 148682258 Admin & General 9073012 Distribution - maintenance 5894894 Consumer accounts 5130279 -6044772 217024191 0 0 0 847945 5600246 0 0 12810285 10476148 0 0 0 6531386 6918570 2239336 1820898 309302110 81989633 229356893 227312477 0 521277 486089 109525116 116314196 50091 50091 10941669 14113807 372823998 383092522 21780955 24246831 166649444 171324893 27700000 14000000 6031356 7692790 222161755 217264514 X 150662243 165828008 150662243 165828008 372823998 383092522 X -120727 15286492 X false true X true false 8165318 8165318 14094353 3220916 10873437 13718534 9058704 4659830 273323905 69710013 203613892 227312477 116314196 Capital leases 3633929 Customer deposits 1109026 Deferred credits 2949835 7692790 X 216906120 2656 2656 216903464 216903464 197201329 197201329 19822862 19822862 217024191 Part X : FIN48 Footnote The Company adopted the professional accounting standard that requires the Company to evaluate its income tax positions to determine if they have any positions that would require any adjustments to the financial statements. The Companys policy is to include interest and penalties related to unrecognized tax benefits/liabilities in income tax expense. The Company has determined that they have no uncertain income tax positions that need to be recorded or reported in the financial statements as of December 31, 2015 and 2014.The Companys tax returns are subject to possible examination by taxing authorities. With few exceptions, the tax returns essentially remain open for possible examination for a period of three years after the respective filing deadlines of those returns. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Subsidiary income, net $2656 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Patronage capital credits allocated $19822862 X X false true false Antelia Salazar-Ball Manager of MS 127348 42008 19591 188947 Dean Hubbuck Mng of Engineering 167757 40410 26181 234348 John Parker CFO 166040 46137 26797 238974 Mitzi Rea Manager of IS 137988 39470 14455 191913 Myke Weis Manager of OPS 132633 41137 25821 199591 Ronald Asche CEO 377563 80887 8406 466856 Troy Whitmore Dir of External Af 149180 48898 26105 224183 Western United Electric S Common Direc 13672476 Purchase of material false Tri-State GT Common Direc 148682258 Purchase of power false Schedule L, Part V Supplemental Information Sch L, Part IV, Business Transactions Involving Interested Persons:(a) Name of Interested Person: Western United Electric Supply Corporation(b) Relationship Between Interested Person and Organization: Common Director, Brian McCormick(c) Amount of Transaction: $13,672,476(d) Description of Transaction: Purchase of materials and supplies for use in United Power's business.Sch L, Part IV, Business Transactions Involving Interested Persons:(a) Name of Interested Person: Tri-State G&T(b) Relationship Between Interested Person and Organization: Common Director, Richard Newman(c) Amount of Transaction: $148,682,258(d) Description of Transaction: Purchase of power for distribution to United Power's members. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Members are businesses and individuals which received electric service from the cooperative. Form 990, Part VI, Line 11b: Form 990 Review Process The draft Form 990 is provided to the Board. They are given time to review it and provide comments. The Form 990 would then be revised as necessary prior to filing with the IRS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The Board has a conflict of interest policy that applies strictly to them. New Board members required to sign the policy and the Board self-polices the policy. A separate conflict of interest policy applies to employees. All members of senior management are required to sign the policy. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The Board uses a compensation study from NRECA to review and approve the compensation of the CEO. Other officers and key employees are evaluated compared to data from a regional employment and training company. The data is reviewed as part of the annual budgeting process. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available United Power provides financial statements to the members as part of the annual report. Bylaws and annual reports are available on the Company's website. Articles of incorporation, bylaws, annual reports and the conflict of interest policy can be obtained at the Company's headquarters. Other Changes In Net Assets Or Fund Balances - Other Increases Gain on retirement of capital credits = $117126 Other Changes In Net Assets Or Fund Balances - Other Increases Income from subsidiary = $2656 Other Changes In Net Assets Or Fund Balances - Other Increases Net margins to be allocated = $19822862 Other Changes In Net Assets Or Fund Balances - Other Decreases Patronage capital retired = -$5242709 Other Changes In Net Assets Or Fund Balances - Other Increases Transfer of unclaimed capital credit checks = $586557 United Power Round Up Foundation PO Box 929 Brighton CO 80601 841276017 Provide support to indiv. and charities CO 501(c)(3) Line 7 United Power Inc false Consumer Service Association PO Box 929 Brighton CO 80601 841095810 Telecommunications CO United Power Inc C corp 2656 148452 1.00000 false false true false false false false false false false false false true false true true false false false false United Power Round Up Foundation n 23387 FMV