2015-07-07T16:22:35-05:00 2014-12-31 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1200 PORTLAND OR 97205 990 2014-01-01 820150010 NORTHERN LIGHTS INC NORT 2089465130 PO BOX 269 SAGLE ID 83860 ANNIE TERRACCIANO GENERAL MANAGER 2089465130 2015-07-06 1 WENDY CAMPOS P00448102 5032421447 2014 2016-02-25 16:41:14Z ANNIE TERRACCIANO 421 CHEVY ST SAGLE ID 83860 29443162 0 X WWW.NLI.COOP X 1935 ID PROVIDE ELECTRIC SERVICE TO RURAL MEMBERS 7 7 66 0 15829 1176 0 0 25566354 28542602 -19479 56738 1048297 843822 26595172 29443162 0 0 1048736 1678420 4696513 4938250 0 0 0 20849923 22826492 26595172 29443162 0 0 82381175 83435571 43872765 43524925 38508410 39910646 TO PROVIDE ELECTRIC SERVICE TO MORE THAN 18,000 RURAL MEMBERS AT THE LOWEST COST POSSIBLE ON A COOPERATIVE BASIS. 0 0 GENERATED, DISTRIBUTED, AND SOLD ELECTRIC ENERGY TO MEMBERS ACROSS NORTHERN IDAHO, WESTERN MONTANA, AND EASTERN WASHINGTON. 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 38 0 1 66 1 1 1 0 0 0 0 30090759 1003283 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 ID X ANNIE TERRACCIANO 2089465130 421 CHEVY ST SAGLE ID 83860 DR STEVE ELGAR PRESIDENT 10.00 X X 31087 0 0 ERIC ANDERSON VICE PRESIDENT 8.00 10.00 X X 33949 0 0 JUDITH SIMONSON SECRETARY 5.00 5.00 X X 32569 0 0 VERN HOLLET DIRECTOR 5.00 X 32473 0 0 GE BUTCH HAGEN DIRECTOR 5.00 X 30737 0 0 DAVE PEMBERTON DIRECTOR 5.00 X 31699 0 0 KENNON MCCLINTOCK DIRECTOR 5.00 X 30562 0 0 JAMES WOODWARD DIRECTOR 5.00 X 15805 0 0 ANNIE TERRACCIANO GENERAL MANAGER/CEO 40.00 10.00 X 159747 0 80807 CHAD BAILEY CONTROLLER/CFO 40.00 X 87282 0 52560 PATRICK RAYNOR LINEMAN 51.00 X 127293 0 38713 DANIEL WANOUS LINEMAN 51.00 X 125872 0 39135 WILLIAM MURRAY LINEMAN 49.00 X 122711 0 49240 JACK PETERSON LINEMAN 49.00 X 122437 0 54035 MARK CONTOR E&O MANAGER 45.00 X 118010 0 63937 1102233 0 378427 6 0 1 0 ASPLUNDH TREE EXPERT CO 708 BLAIR MILL RD WILLOW GROVE PA 190901007 TREE TRIMMING 795215 DJ EICH TIMBER SERVICE PO BOX 151 COCOLALLA ID 83813 TREE TRIMMING 356545 MOUNTAIN POWER CONSTRUCTION CO 5299 N PLEASANT VIEW RD POST FALLS ID 83854 OUTAGE RESTORATION AND PIPE BORING 300107 3 ELECTRIC ENERGY SALES 221122 28380595 28380595 CONNECT FEE/SERVICE REVENUE 221122 162007 162007 28542602 46721 46721 10017 0 10017 10017 10017 PATRONAGE CAPITAL CREDITS & OTHER 221122 776649 776649 POLE CONTACT RENTAL INCOME 221122 51344 51344 WATER HEATER SALES 221122 15829 15829 843822 29443162 29319251 15829 108082 X 1678420 619277 2725572 729762 551500 312139 45347 34255 6200 58801 293222 187220 1797999 3130658 166665 COST OF PURCHASED POWER 11830593 MAINTENANCE & OPERATION 4361985 PROPERTY TAXES 630054 POWER PRODUCTION COSTS 275551 7942 29443162 631559 334926 3983475 3753229 1083421 1233605 607167 647863 123114754 50261140 71697773 72853614 4313164 4547730 64616 64604 82381175 83435571 7470037 6844611 35865508 36680314 537220 0 43872765 43524925 X 163377 163377 0 0 38345033 39747269 38508410 39910646 82381175 83435571 X 0 1402236 X X 0 1 X 1 0 181600 181600 5383780 941222 4442558 9840911 7542636 2298275 107708463 41777282 65931181 72853614 INVEST. ASSOC. ORG. PATRONAGE CAPITAL 2430844 C CAPITAL TERM INVESTMENTS 1251993 C GENERAL PACIFIC CAPITAL STOCK 6500 C OTHER INVESTMENTS IN ASSOC. ORGANIZATION 835368 C OTHER INVESTMENTS 23025 C 4547730 X 29435220 -7942 -7942 29443162 0 29443162 27756800 0 27756800 1686362 1686362 29443162 PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE, EXCEPT TO THE EXTENT OF UNRELATED BUSINESS INCOME, IF ANY. THE COOPERATIVE FOLLOWS ASC 74010, INCOME TAXES, RELATING TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS. AS OF DECEMBER 31, 2014 AND 2013, THE COOPERATIVE DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND NO INTEREST AND PENALTIES HAVE BEEN ACCRUED. THE COOPERATIVE FILES AN EXEMPT ORGANIZATION TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR PERIODS PRIOR TO 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF WATER HEATER SALES -7,942. PART XII, LINE 4B - OTHER ADJUSTMENTS: NET MARGIN OR BENEFITS PAID TO OR FOR MEMBERS 1,678,420. COST OF WATER HEATER SALES 7,942. X X X 0 0 0 ANNIE TERRACCIANO GENERAL MANAGER/CEO 159747 0 0 0 0 0 59700 0 21107 0 240554 0 0 0 PATRICK RAYNOR LINEMAN 127293 0 0 0 0 0 28438 0 10275 0 166006 0 0 0 DANIEL WANOUS LINEMAN 125872 0 0 0 0 0 28371 0 10764 0 165007 0 0 0 WILLIAM MURRAY LINEMAN 122711 0 0 0 0 0 28623 0 20617 0 171951 0 0 0 JACK PETERSON LINEMAN 122437 0 0 0 0 0 30621 0 23414 0 176472 0 0 0 MARK CONTOR E&O MANAGER 118010 0 0 0 0 0 43044 0 20893 0 181947 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CO-OP HAS MEMBERS FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE DIRECTORS, WHO GOVERN THE BODY FORM 990, PART VI, SECTION A, LINE 7B MEMBERS ELECT THE DIRECTORS, WHO GOVERN THE BODY FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS REVIEWS FORM 990 DURING THE MONTHLY BOARD MEETING FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY REQUIRES EMPLOYEES TO DISCLOSE ANY SITUATION OR TRANSACTION IN WHICH THE EMPLOYEE IS INVOLVED THAT VIOLATES, MAY VIOLATE, OR COULD APPEAR TO VIOLATE THE OBJECTIVE OF THE CONFLICT OF INTEREST POLICY TO THEIR SUPERVISOR. ANY EMPLOYEE WHO VIOLATES THE CONFLICT OF INTEREST POLICY IS SUBJECT TO DISCIPLINARY ACTION UP TO AND INCLUDING TERMINATION OF EMPLOYMENT. THE SUPERVISOR AND THE GENERAL MANAGER WILL DETERMINE WHAT ACTION SHOULD BE TAKEN. THE POLICY IS REVIEWED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE ORGANIZATION'S GENERAL MANAGER'S (CEO) COMPENSATION ANNUALLY UTILIZING COMPENSATION COMPARABLES. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 4: "BENEFITS PAID TO OR FOR MEMBERS" WAS INTERPRETED AS CAPITAL CREDITS ALLOCATED BY THE BOARD TO OUR MEMBERS FOR THE YEAR.