2016-05-11T16:41:19-07:00 2015-12-31 990 2015-01-01 820108745 CLEARWATER POWER COMPANY CLEA 2087431501 PO Box 997 Lewiston ID 83501 Lisa Hall Manager of Finance/Office Serv 2087431507 2015-05-11 2015 2016-09-27 15:27:22Z Lisa Hall PO Box 997 Lewiston ID 83501 18835648 0 X www.clearwaterpower.com X 1937 ID Clearwater Power Company's mission is to provide its cooperative members/consumers with safe, reliable, cost-based energy and related services. The Cooperatives significant activity is to provide electric power distribution to its members. 7 7 44 0 0 0 0 0 18633701 18194027 590173 449037 102062 95971 19325936 18739035 0 0 1580361 1166925 4482453 4805182 0 0 0 13263122 12766928 19325936 18739035 0 0 66548978 67959775 41045887 42153623 25503091 25806152 CLEARWATER POWER COMPANY'S MISSION IS TO PROVIDE ITS COOPERATIVE MEMBERS/CONSUMERS WITH SAFE, RELIABLE, COST-BASED ENERGY AND RELATED SERVICES. THE COOPERATIVE'S SIGNIFICANT ACTIVITY IS TO PROVIDE ELECTRIC POWER DISTRIBUTION TO ITS MEMBERS. 0 0 0 0 0 RURAL ELECTRIC COOPERATIVE PROVIDES ELECTRIC AND RELATED SERVICES TO MEMBERS. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 117 0 1 44 1 0 0 0 0 0 18679053 540272 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X Lisa Hall 2087431501 4230 Hatwai Rd Lewiston ID 83501 Pam Anderson Director 6 0 X 17974 2200 0 Richard Gene Bulter Director 6 0 X 18410 2200 0 Thomas Hutchinson Director 16 0 X 23687 0 0 Robert Callison Assistant Secretary Treasurer 4 0 X 19024 0 0 Marmaduke M Harris Secretary Treasurer 5 0 X 11391 0 0 Alan C Lansing President 5 0 X 23975 0 0 Kenneth Weiss Vice President 12 0 X 17533 0 0 K David Hagen General Manager 55 0 X 195325 0 83893 Lisa Hall Manager of Financial/Office Services 43 0 X 108259 0 29163 Stan Vannoy Manager of Operations 44 0 X 123233 0 67378 Doug Pfaff Manager of Engineering 44 0 X 126091 0 61309 Robert Pierce Manager of Member Services 48 0 X 116923 0 83531 Kevin Cromer Foreman 46 0 X 125438 0 64921 Chris Floch District Serviceman 47 0 X 121093 0 52967 Clint Fowler Lineman 50 0 X 130346 0 39589 Clifford Miller Lineman 48 0 X 124808 0 72101 Douglas Lacey Foreman 44 0 X 116307 0 60123 1419817 4400 614975 25 0 1 0 Asplundh Tree Expert Company 1700 Solutions Center Chicago IL 60677 Tree Trimming 140451 National Rural Telecommunications PO Box 1506 Merrifield VA 22116 WIldBlue Monthly Services 254334 National Information Solutions Cooperative PO Box 1147 Mandan ND 58554 Billing Services/Tech Support 196555 Osmose Inc PO Box 8000 Dept 560 Buffalo NY 14267 Pole Testing 210755 Summit Utility Contractors LLC PO Box 198 Lewiston ID 83501 Equipment Operators 360492 5 0 ELECTRIC POWER SALES 221000 18127686 18127686 0 0 POLE RENTAL 531390 66341 0 0 66341 0 0 0 0 18194027 351857 0 0 351857 0 0 0 0 0 0 0 0 0 11850 0 0 0 11850 11850 11850 0 0 0 102186 0 5006 0 97180 97180 97180 0 0 0 0 0 0 0 0 0 0 0 0 0 0 74067 91607 -17540 -17540 0 0 OTHER INCOME 221000 101661 101661 0 0 0 0 0 0 101661 18739035 18320837 0 418198 0 0 0 1166925 1127097 0 1570707 865564 935784 306030 0 58129 17750 0 0 0 361321 24575 163691 118728 0 0 91849 0 42252 1236683 0 2313419 259190 COST OF POWER 7728390 PROPERTY TAX & OTHER TAXES 350951 0 18739035 0 0 0 1386825 1003463 600180 821005 0 0 1868575 2459109 0 0 0 0 0 0 725515 938526 1471176 1268255 81980518 25166691 55960484 56813827 0 0 650000 650000 2922465 3038387 0 0 963758 967203 66548978 67959775 1047114 1040061 0 0 0 0 0 0 0 0 0 0 37096188 38321938 2902585 2791624 41045887 42153623 X 0 0 1193228 1331495 24309863 24474657 25503091 25806152 66548978 67959775 X 0 0 0 0 0 303061 X 0 1 X 1 0 0 385681 385681 0 2895579 1590698 1304881 0 0 0 0 0 5462970 4104082 1358888 0 73236288 19471911 53764377 56813827 0 Accrued Taxes 440667 Consumer Deposits 557080 Deferred Credits 817897 Other Current Liabilities 975980 2791624 X 18850696 0 0 0 144161 144161 18706535 0 32500 32500 18739035 17572110 0 0 0 0 0 17572110 0 1166925 1166925 18739035 Schedule D, Part X, Line 2 THE COOPERATIVE DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS Schedule D, Part XI, Line 2d OTHER REVENUE INCLUDED IN FINANCIAL STATEMENTS, BUT NOT INCLUDED ON FORM 990. EQUITY IN INCOME OF TAXABLE SUBSIDIARY. Schedule D, Part XI, Line 4b OTHER REVENUE INCLUDED ON FORM 990, BUT NOT INCLUDED IN THE FINANCIAL STATEMENTS. SUBSDIARY DIVIDENDS Schedule D, Part XII, Line 4b OTHER EXPENSES INCLUDED ON FORM 990, BUT NOT INCLUDED IN FINANCIAL STATEMENTS. 2015 MARGIN ALLOCATED TO MEMEBERS 0 1 0 K David Hagen General Manager 173550 0 0 0 21775 0 58401 0 25492 0 279218 0 0 0 Stan Vannoy Manager of Operations 114354 0 0 0 8879 0 46242 0 21136 0 190611 0 0 0 Doug Pfaff Manager of Engineering 119569 0 0 0 6522 0 36816 0 24492 0 187399 0 0 0 Robert Pierce Manager of Member Services 113162 0 0 0 3760 0 60683 0 22848 0 200453 0 0 0 Kevin Cromer Foreman 119876 0 0 0 5562 0 36386 0 28236 0 190060 0 0 0 Chris Floch District Serviceman 120320 0 0 0 773 0 24861 0 28106 0 174060 0 0 0 Clint Fowler Lineman 130105 0 0 0 240 0 11354 0 28236 0 169935 0 0 0 Clifford Miller Lineman 114322 0 0 0 10486 0 43865 0 28236 0 196909 0 0 0 Douglas Lacey Foreman 115232 0 0 0 1075 0 39353 0 20771 0 176431 0 0 0 Schedule J, Part I, Line 4 Lisa Hall participated in a Deferred Compensation 457(b) plan in the amount of $2,773. Form 990, Part I, Line 14 & Part IX Line 4 - "Benefits Paid to or For Members" - The IRS Form 990 instructions now clarify that patronage dividends paid by 501(c)(12) organizations should be reported in the statement of functional expenses on Part XII Line 4 (Benefits paid to or for members). The Cooperative has allocated 100% of its 2015 margins (not including subsidiary) as patronage dividends to its members and reported this amount on Line 4. The Cooperatives accounting system follows Generally Accepted Accounting Principles (GAAP), which do not report patronage dividends as an expense; as such, the 2015 margins are also recorded as a reconciling item on Schedule D Part XII of the Form 990. Form 990, Part VI, Section A, Line 6 "Explanation of Classes of Members or Shareholders"- The organization is a Cooperative formed to provide Electric Service to its members. The members elect the governing body and approve changes in the By-Laws. Members receive a share of the Cooperative's profits through the approval of retirement of patronage dividends. Form 990, Part VI, Section A, Line 7a "How Members or Shareholders Elect Governing Bodies" - 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 "Decisions of Governing Body Approval By Members or Shareholders" - Members vote to approve changes in the By-Laws and elect the board of directors. Form 990, Part VI, Section B, Line 11b "Form 990 Review Process" - The form 990 is presented to the full board for review prior to submission. Form 990, Part VI, Section B, Line 12c "Explanation of Monitoring and Enforcement of Conflicts" - Each official must annually complete and sign a conflict of interest certification and disclosure form, which is reviewed by the cooperative's legal counsel. Form 990, Part VI, Section B, Line 15 "Compensation Review & Approval Process-Officers & Key Employees" - The cooperative maintains a written employment contract with the general manager. The board approves any changes in the general manager's compensation. An outside independent consultant is used to determine the compensation of the general manager and all non-union employees. For this process the consultant uses industry and local market surveys. Form 990, Part VI, Section C, Line 19 "Other Organization Documents Publicly Available" - By-Laws are distributed to members at the time of membership application and are available on the company website. The conflict of interest policy is made available upon request, and the financial statements are published on the website and in the Ruralite Publication. Form 990, Part XI, Line 9 "Other Changes in Net Assets or Fund Balances" - 2015 Margins Allocated to Members $1,134,425 Estate Paid & Reacquired Capital Credits (-) $757,597 Patronage Retired (-) $244,535 Subsidiary Dividends (+) $32,500 Reacquired Capital Credits (+) $138,268 TOTAL (=) $303,061 CLEARWATER PROPANE 4230 HATWAI RD LEWISTON ID 83501 820498483 PROPANE SALES/SERVICES ID N/A C 1264526 2357493 1 1 1 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 CLEARWATER PROPANE a-iv 9900 CLEARWATER PROPANE q 176005 CLEARWATER PROPANE f 32500