2015-10-20T09:32:17-05:00 2013-12-31 391277627 BAUMAN ASSOCIATES LTD PO BOX 1225 EAU CLAIRE WI 547021225 990 2013-01-01 390651310 TAYLOR ELECTRIC COOPERATIVE TAYL 7156782411 N1831 STATE HIGHWAY 13 MEDFORD WI 54451 MICHAEL SCHAEFER PRESIDENT/CEO 7156782411 2015-10-14 1 GREGORY D MLEZIVA CPA P00004968 7158342001 2013 2016-02-25 16:41:14Z X MICHAEL SCHAEFER N1831 STATE HIGHWAY 13 MEDFORD WI 54451 3980578 0 X WWW.TAYLORELECTRIC.ORG X 1937 WI TO PROVIDE SAFE AND RELIABLE ELECTRIC SERVICE TO MEMBERS IN PARTS OF FOUR RURAL WISCONSIN COUNTIES WHILE OPERATING UNDER THE COOPERATIVE PRINCIPLE. 7 7 16 0 945 0 0 0 3676214 3934601 12047 21731 21986 945 3710247 3957277 0 0 371407 648160 252511 255628 0 0 0 3046282 3030813 3670200 3934601 40047 22676 20073069 22083834 12146635 13722150 7926434 8361684 TO PROVIDE SAFE AND RELIABLE ELECTRIC SERVICE TO MEMBERS IN FOUR RURAL WISCONSIN COUNTIES WHILE OPERATING ON THE COOPERATIVE PRINCIPLE. 0 0 TO PROVIDE SAFE AND RELIABLE ELECTRIC SERVICE TO MEMBERS IN FOUR RURAL WISCONSIN COUNTIES WHILE OPERATING ON THE COOPERATIVE PRINCIPLE. 0 0 0 0 0 0 0 0 0 1 0 1 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 0 0 0 1 114 0 16 1 1 1 0 0 0 0 0 0 8713716 41036 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X THE ORGANIZATION 7156782411 N1831 STATE HIGHWAY 13 MEDFORD WI 54451 BRIAN KULAS CHAIRMAN 10.80 X 4438 0 0 DEAN TESCH VICE CHAIRMAN 3.50 X 3500 0 0 PATRICIA WALDHART SECRETARY/TREASURER 5.50 X 4500 0 0 RAYMOND HENRICHS DIRECTOR 2.80 X 2813 0 0 JOANN SMITH DIRECTOR 1.80 X 2188 0 0 JAMES SMOLA DIRECTOR 3.60 X 2313 0 0 CHARLES ZENNER DIRECTOR 4.20 X 2813 0 0 MICHAEL SCHAEFER PRESIDENT/CEO 45.00 X 113112 0 79682 PATRICIA NELSON FINANCE & ADMIN MANAGER 45.00 X 73701 0 49387 209378 0 129069 1 0 1 0 HUOTARI CONSTRUCTION INC 675 JENSEN DRIVE MEDFORD WI 54451 BUILDING/REMODEL SHOP 616610 RON'S REFRIGERATION 2431 49TH STREET SOUTH WISCONSIN RAPIDS WI 54494 HEATING SYSTEM 296375 MAKOVSKY BRUSH SERVICE PO BOX 206 PRENTICE WI 54556 BRUSHING 235816 3 GROSS ELECTRIC REVENUE 221000 9001843 8657242 344601 SERVICES, CHARGES, FEE 221000 52182 52182 LESS COST OF POWER 221000 -5119424 -5119424 3934601 12270 12270 32762 23301 9461 9461 9461 NONOPERATING INCOME 900099 945 945 945 3957277 3599461 945 356871 648160 255628 6000 11400 17829 9288 622857 696435 DISTRIBUTION - MAINTENA 546050 DISTRIBUTION - OPERATIO 471191 CONSUMER ACCOUNTS 249148 GENERAL & ADMIN EXPENSE 187797 212818 3934601 300 300 309508 77032 844757 932620 0 11979 259180 271098 101376 74363 25264505 8732379 15114384 16532126 3424634 3657002 18930 527314 20073069 22083834 725137 839472 10869545 12258467 551953 624211 12146635 13722150 X 0 0 0 0 7926434 8361684 7926434 8361684 20073069 22083834 X 22676 412574 X X 0 1 X 1 0 23271 23271 25241234 8732379 16508855 16532126 DAIRYLAND POWER COOPERATIVE 2801617 C NRUCFC CAPITAL CREDITS 276390 C NRUCFC CAPITAL AND LOAN TERM CREDITS 352233 C INVESTMENT IN FEDERATED INS 51922 C INVESTMENT IN OTHER ASSOCIATED ORGS 174840 C 3657002 ACCRUED INTEREST PAYABLE 129656 CUSTOMER DEPOSITS 91340 ACCRUED PAYROLL 26471 OTHER PAYROLL AND FRINGE ACCRUALS 141389 DEFERRED INSTALLATIONS 147778 UNAMORITIZED GAIN ON DEBT 55206 OTHER DEFERRED CREDITS 10809 ACCRUED PROPERTY TAXES AND OTHER ACCRUED TAXES 4136 RETIRE NO CHECK CAPITAL CREDITS 1896 OTHER LIABILITIES 15530 624211 X 9076701 0 9076701 -5119424 -5119424 3957277 8405865 4471264 4471264 3934601 0 3934601 PART X, LINE 2: THE COOPERATIVE WILL RECOGNIZE ANY ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED BENEFITS IN INCOME TAX, IF INCURRED. THE COOPERATIVE'S PREVIOUS THREE TAX YEARS ARE OPEN FOR EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 4B - OTHER ADJUSTMENTS: LESS COST OF POWER -5,119,424. PART XII, LINE 2D - OTHER ADJUSTMENTS: LESS COST OF POWER 5,119,424. 2013 MARGINS ALLOCATED TO MEMBERS -648,160. X X 0 0 0 MICHAEL SCHAEFER PRESIDENT/CEO 113112 0 0 0 0 0 58388 0 21294 0 192794 0 0 0 DAIRYLAND POWER COOPERATIVE TAYLOR ELECTRIC COOPERATIVE IS A CUSTOMER OF DAIRYLAND POWER COOPERATIVE. 5119424 THE TAYLOR ELECTRIC BOARD CHAIRMAN, BRIAN KULAS, WAS ALSO ON THE BOARD OF DIRECTORS AT DAIRYLAND POWER COOPERATIVE IN 2013. TAYLOR ELECTRIC PURCHASED ALL ELECTRICITY FROM DAIRYLAND POWER COOPERATIVE IN 2013. 0 FORM 990, PART VI, SECTION A, LINE 6 ANY PERSON WHO REQUESTS SERVICE FROM THE COOPERATIVE SUBJECT TO THE CONDITIONS APPLICABLE TO ALL PATRONS OF THE SAME CLASS OF SERVICE, UPON RECEIPT OF SUCH SERVICE SHALL BE DEEMED A MEMBER WITH THE SAME RIGHTS AND PRIVILEGES AS EACH OTHER MEMBER OF SUCH CLASS. FORM 990, PART VI, SECTION A, LINE 7A CANDIDATES FOR POSITIONS ON THE BOARD OF DIRECTORS ARE NOMINATED BY A NOMINATING COMMITTEE, AND/OR NOMINATED FROM THE FLOOR AT THE ANNUAL MEETING OF THE MEMBERS. THE BOARD OF DIRECTORS MAY APPOINT AN ELIGIBLE MEMBER TO FILL A VACANT POSITION ON THE BOARD, BUT THAT MEMBER MUST STAND FOR ELECTION AT THE NEXT ANNUAL MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER HAS ONE VOTE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS HAVE DELEGATED THE PREISSUANCE OF REVIEW OF FORM 990 TO MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C MONITORING ON AN ONGOING BASIS WITH MANAGEMENT AS WELL AS SPECIAL CONSIDERATIONS AT TIME OF HIRE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR KEY EMPLOYEES IS REVIEWED PERIODICALLY BY COMPARING TO INDUSTRY PEERS IN STATE AND REGION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTATION IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: 2013 MARGINS ALLOCATED TO MEMBERS 648,160. PATRONAGE CAPITAL RETIRED -235,586. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE BEEN MADE SINCE PRIOR YEAR. FORM 990, PART VIII, LINE 2G: REPORTED REVENUE ON 990 NET OF WHOLESALE POWER COSTS AND MERCHANDISING EXPENSES. FORM 990, PART IX, LINE 4: THE COOPERATIVE HAS INTERPRETED PATRONAGE DIVIDENDS PAID TO BE THE AMOUNT OF CURRENT YEAR MARGINS THAT WILL BE ALLOCATED TO ITS MEMBERS AND THEREFORE HAS PRESENTED THIS AMOUNT. THE COOPERATIVE HAS ALLOCATED ALL OPERATING MARGINS AND RETAINED A PORTION OF ITS NON-OPERATING MARGINS. FORM 990 - AMENDED TAX RETURN THE TAXPAYER INADVERTENTLY REPORTED INCORRECT AMOUNTS FOR COMPENSATION PAID TO DIRECTORS. PARTS VII AND IX HAVE BEEN AMENDED TO CORRECT THIS ERROR.