2015-11-16T14:21:03-06:00 2014-12-31 750882037 BOLINGER SEGARS GILBERT AND MOSS LLP 8215 NASHVILLE AVENUE LUBBOCK TX 79423 990 2014-01-01 480532188 WHEATLAND ELECTRIC COOPERATIVE INC WHEA 6208725885 PO BOX 230 SCOTT CITY KS 67871 RADONA SMYTHE GENERAL MANAGER 6208725885 2015-11-13 1 WILLIAM M MILLER P00439459 8067473806 2015-11-13 X 2014 2016-04-25 22:37:26Z BRUCE W MUELLER PO BOX 230 SCOTT CITY KS 67871 123025083 0 X WWW.WECI.NET X 1948 KS TO PROVIDE QUALITY AND RELIABLE ELECTRIC SERVICE TO MEMBERS AT COST ON A COOPERATIVE BASIS. 12 12 150 0 0 0 0 0 140250506 117994224 1209606 516687 0 3322661 141460112 121833572 0 31656 0 3904590 9001945 8970980 0 0 0 115829626 98096875 124831571 111004101 16628541 10829471 326042407 340094980 250839336 252595711 75203071 87499269 X WHEATLAND ELECTRIC COOPERATIVE WILL CONTINUE TO IMPROVE THE QUALITY OF LIFE OF OUR MEMBERS AND THE COMMUNITIES WE SERVE BY PROVIDING RELIABLE AND COMPETITIVELY PRICED ELECTRICITY AND OTHER ESSENTIAL SERVICES. WE EMPHASIZE HIGH QUALITY AND PERSONAL RELATIONSHIPS, SERVING AS GOOD STEWARDS OF OUR RESOURCES AND TAKING AN ACTIVE ROLE IN OUR COMMUNITIES. 0 0 PROVIDING ELECTRIC ENERGY TO OUR MEMBERS - 32,434 ACTIVE SERVICES AT YEAR END WERE PROVIDED ELECTRICITY ON A COOPERATIVE BASIS. PROVIDING WATER DISTRIBUTION CONTRACTS TO CUSTOMERS IN FINNEY AND KEARNY COUNTIES. SERVICES ARE PROVIDED ON A COOPERATIVE BASIS. PROVIDING INTERNET SERVICES TO OVER 3,000 CUSTOMERS IN 12 COUNTIES IN KANSAS. SERVICES ARE PROVIDED ON A COOPERATIVE BASIS. 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 92 0 150 1 0 0 0 0 0 0 0 104352571 8777014 0 X 12 12 1 0 0 0 1 1 1 1 1 0 0 1 1 1 0 0 1 1 1 1 0 X RADONA SMYTHE 6208725885 PO BOX 230 SCOTT CITY KS 67871 WESLEY CAMPBELL PRESIDENT 12.50 X X 33950 0 0 DAVID LOWE VICE PRESIDENT 12.50 X X 33387 0 0 PATRICK RILEY SECRETARY 8.00 X X 38707 0 0 DAN BONINE TREASURER 5.40 X X 30739 0 0 RONALD DAVIS TRUSTEE 5.00 X 24785 0 0 CHARLES AYERS TRUSTEE 10.00 X 20764 0 0 KATHLEEN EISENHOUR TRUSTEE 5.00 X 23872 0 0 VICTOR CASE TRUSTEE 7.50 X 22698 0 0 LAWERENCE HOUSTON TRUSTEE 5.00 X 23002 0 0 ROE JOHNSON TRUSTEE 5.00 X 22971 0 0 ROBERT HISS TRUSTEE 5.00 X 33390 0 0 WILLIAM BARNES TRUSTEE 12.80 X 37289 0 0 BRUCE MUELLER GENERAL MANAGER 50.00 X 330852 0 221487 MARY LOONEY ASST GENERAL MANAGER 50.00 X 190838 0 65771 JOEL BRYAN DIRECTOR OF ACCOUNTING 40.00 X 200838 0 81422 PHILLIP SHELLEY DIRECTOR OF OPERATIONS 50.00 X 220119 0 340705 LYNN FREESE DIRECTOR OF MEMBER SERVICES 50.00 X 191024 0 305586 VINCENT STRICKLER DIRECTOR OF ADMIN & HR 52.00 X 168974 0 317958 JEVIN KASSELMAN DIRECTOR OF IT/BROADBAND 40.00 X 136677 0 109663 ROBERT BRANDL AREA SUPERVISOR 51.00 X 126852 0 89804 RADONA SMYTHE MANAGER OF ACCOUNTING 40.00 X 126619 0 102837 STACEY STEVENS MGR OF SPECIAL PROJECTS 40.00 X 118506 0 101091 CHRIS HUBER DISTRICT MANAGER 40.00 X 118643 0 116010 2275496 0 1852334 29 0 1 0 JJ POWERLINE PO BOX 861 DODGE CITY KS 67801 CONSTRUCTION 844599 LEE CONSTRUCTION 413 CAMPUS DR ST 101 GARDEN CITY KS 67846 CONSTRUCTION 690448 NISC PO BOX 1147 MANDAN ND 58554 BILLING/CONVERSION 416918 SOLIDA AND SONS TREE SERVICE PO BOX 421 PHILLIPSBURG KS 67661 LANDSCAPING 404178 SABRE INDUSTRIES PO BOX 658 SIOUX CITY IA 51102 CONSTRUCTION 317828 13 SALE OF ELECTRICITY 221000 97783802 97783802 PATRONAGE DIVIDENDS 221000 11654705 11654705 WATER CONTRACTS 221000 4742319 4742319 WIRELESS INTERNET 517000 2917148 2917148 OTHER PROGRAM REVENUE 221000 896250 896250 117994224 722635 722635 8400 1907574 0 20434 8400 1887140 1895540 1895540 530646 736594 -205948 -205948 -205948 185936 434483 -248547 -248547 OTHER PASSTHROUGH INVESTMENT 221000 1675668 1675668 1675668 121833572 119421345 0 2412227 X 31656 3904590 2981128 4031544 1531830 426478 7145058 9576071 PURCHASED POWER 66163100 ADMIN. AND GENERAL 5190285 DISTRIBUTION EXPENSE 3392526 CUSTOMER SERVICE 1151967 5477868 111004101 X 2108899 1764665 15722819 5630634 8566928 3993051 3337053 6145446 5485981 295647570 86052931 197864204 209594639 82627557 69583354 17580431 27935243 0 8196483 326042407 340094980 44105715 6757990 205592571 237748994 1141050 8088727 250839336 252595711 X 0 0 0 0 75203071 87499269 75203071 87499269 326042407 340094980 X 10829471 -2296461 3763188 X X 0 1 X 1 0 1860405 1860405 5385391 3923168 1462223 6784413 235266024 82129763 159920674 46351337 46351337 209594639 RESTRICTED FUNDS 1859237 C PATRONAGE CAPITAL - SUNFLOWER POWER CORP 52726490 C PATRONAGE CAPITAL - CFC 3053112 C PATRONAGE CAPITAL - KEC 117897 C PATRONAGE CAPITAL - FEDERATED RURAL INS 425275 C PATRONAGE CAPITAL - NISC 16569 C PATRONAGE CAPITAL - PIONEER ELECTRIC COOP 57524 C PATRONAGE CAPITAL - OTHER 120747 C CAPITAL TERM CERTIFICATES 4566231 C INVESTMENT IN MKEC - EQUITY METHOD 6640272 C 69583354 DEFERRED CREDITS 779259 CONSUMER DEPOSITS AND PREPAYMENTS 565575 ACCRUED TAXES 2566324 ACCRUED INTEREST 736142 ACCRUED COMPENSATED ABSENCES 3441427 8088727 X 120650634 0 120650634 1182938 1182938 121833572 105916573 0 105916573 5087528 5087528 111004101 PART X, LINE 2: THE COOPERATIVE FOLLOWS THE "UNCERTAIN TAX POSITIONS" PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE PRIMARY TAX POSITION OF THE COOPERATIVE IS ITS FILING STATUS AS A TAX EXEMPT ENTITY. THE COOPERATIVE DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) AND THAT ALL TAX BENEFITS ARE LIKELY TO BE REALIZED UPON SETTLEMENT WITH TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: INCOME RECLASSED AS EXPENSES ON FORM 990 1,182,938. PART XII, LINE 4B - OTHER ADJUSTMENTS: PATRONAGE CAPITAL ASSIGNABLE 3,904,590. INCOME RECLASSED AS EXPENSES ON FORM 990 1,182,938. SCHEDULE D PART IX: THE AMOUNT OF OTHER ASSETS ON FORM 990, PAGE 11, PART X, LINE 15 DOES NOT EQUAL OR EXCEED 5 PERCENT OF THE TOTAL ASSETS ON FORM 990, PAGE 11, PART X, LINE 16, COLUMN B. CONSEQUENTLY IN ACCORDANCE WITH IRS INSTRUCTIONS SCHEDULE D, PART IX HAS BEEN LEFT BLANK. 0 SCOTT COMMUNITY FOUNDATION 303 COURT STREET SCOTT CITY KS 67871 480995697 501(C)(3) 5300 DONATION - SHARING SUCCESS FUND/WALK-RUN-ROLL 1 SCHEDULE I, PART II ALL GRANTS, SPONSORSHIPS AND DONATIONS ARE MADE TO NON-PROFIT AND CIVIC ORGANIZATIONS THAT ARE LOCATED IN THE COOPERATIVE'S SERVICE AREA. ALL DONATIONS ARE INTENDED TO IMPROVE THE COMMUNITIES IN WHICH OUR MEMBERS RESIDE. X 0 0 X 0 1 0 BRUCE MUELLER GENERAL MANAGER 303408 0 200 0 27244 0 196176 0 25311 0 552339 0 0 0 MARY LOONEY ASST GENERAL MANAGER 188307 0 1799 0 732 0 42208 0 23563 0 256609 0 0 0 JOEL BRYAN DIRECTOR OF ACCOUNTING 179889 0 224 0 20725 0 63091 0 18331 0 282260 0 0 0 PHILLIP SHELLEY DIRECTOR OF OPERATIONS 191798 0 200 0 28121 0 317448 0 23257 0 560824 0 0 0 LYNN FREESE DIRECTOR OF MEMBER SERVICES 176178 0 224 0 14622 0 281951 0 23635 0 496610 0 0 0 VINCENT STRICKLER DIRECTOR OF ADMIN & HR 146837 0 224 0 21913 0 300898 0 17060 0 486932 0 0 0 JEVIN KASSELMAN DIRECTOR OF IT/BROADBAND 122662 0 224 0 13791 0 85609 0 24054 0 246340 0 0 0 ROBERT BRANDL AREA SUPERVISOR 118990 0 260 0 7602 0 62609 0 27195 0 216656 0 0 0 RADONA SMYTHE MANAGER OF ACCOUNTING 117824 0 224 0 8571 0 74583 0 28254 0 229456 0 0 0 STACEY STEVENS MGR OF SPECIAL PROJECTS 116613 0 224 0 1669 0 73844 0 27247 0 219597 0 0 0 CHRIS HUBER DISTRICT MANAGER 113069 0 272 0 5302 0 75810 0 40200 0 234653 0 0 0 FORM 990, PART I, LINES 15 & 17 THE COOPERATIVE PREVIOUSLY INCLUDED ALL LABOR COSTS AS COMPONENTS OF OTHER FUNCTIONAL EXPENSES USED FOR NORMAL FINANCIAL REPORTING. ACCORDINGLY, NO COMPENSATION WAS REPORTED ON PART VII LINE 15 FOR THE 2013 CALENDAR YEAR. HOWEVER, FOR THE 2014 CALENDAR YEAR, THE COOPERATIVE BEGAN SEPARATELY STATING THE TOTAL OF ALL LABOR COST EXPENSED TO THE INCOME STATEMENT FOR FORM 990 REPORTING PURPOSES. TO INCREASE CONSISTENCY, LABOR COSTS OF $9,001,945 WERE RECLASSIFIED FROM LINE 17 "OTHER EXPENSES" RESULTING IN A COMPARATIVE LINE 15 TOTAL OF $9,001,945. FORM 990, PART VI, SECTION A, LINE 2 BRUCE MUELLER (GM), MARY LOONEY (ASST GM) AND CHARLES AYERS (TRUSTEE) ALL SERVE ON THE BOARD OF SUNFLOWER ELECTRIC POWER CORPORATION AT THE REQUEST OF AND FOR THE BENEFIT OF THE COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE WAS FORMED BY THE MEMBERS TO PROVIDE ELECTRIC SERVICE AT COST ON A COOPERATIVE BASIS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE COOPERATIVE VOTE ON THE BOARD OF DIRECTORS. ELECTIONS ARE DONE ON A ONE MEMBER ONE VOTE BASIS. BOARD CONSISTS OF 12 DIRECTORS WHO ARE ELECTED BY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTS REQUIRE APPROVAL OF THE MEMBERS OF THE COOPERATIVE. 1. DISSOLUTION/LIQUIDATION OF THE COOPERATIVE; 2. MERGER OR CONSOLIDATION WITH ANOTHER COOPERATIVE ORGANIZATION; 3. DISPOSAL OF A SUBSTANTIAL PORTION OF THE COOPERATIVE'S ASSETS; AND 4. AMENDMENT TO THE ARTICLES OF INCORPORATION. FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT AND PAID PREPARER REVIEW DRAFTS OF FORM 990 PRIOR TO E-FILING. BOARD REVIEWS ANNUAL FILINGS AT MONTHLY MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS ANNUALLY REVIEW AND EVALUATE THE CEO'S PERFORMANCE AND ESTABLISH A COMPENSATION LEVEL FOR THE CEO. CEO REVIEWS AND EVALUATES PERFORMANCE OF ALL OTHER STAFF AND ESTABLISHES COMPENSTION LEVELS FOR THOSE STAFF IN ACCORDANCE WITH BUDGETED AMOUNTS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FORM 990, PART IX THE ACCOUNTING RECORDS OF THE COOPERATIVE ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS AS PRESCRIBED BY THE FEDERAL ENERGY REGULATORY COMMISSION FOR CLASS A AND B ELECTRIC UTILITIES MODIFIED FOR ELECTRIC BORROWERS OF THE RURAL UTILITIES SERVICE(RUS). THE UNIFORM SYSTEM OF ACCOUNTING DOES NOT RECORD EXPENSES IN THE GENERAL EXPENSE CATEGORIES PROVIDED ON PART IX LINES 1 - 23. THE COOPERATIVE SEPARATELY REPORTS SALARIES AND WAGES, EMPLOYEE BENEFITS AND PAYROLL TAXES THAT ARE ALLOCATED IN ACCORDANCE WITH THEIR ACCOUNTING SYSTEM, BUT OTHER EXPENSES THAT ARE DESCRIBED IN LINES 1 - 23 ARE REPORTED ON LINE 24 UNDER THE EXPENSE CATEGORIES REQUIRED BY THE UNIFORM SYSTEM OF ACCOUNTS. FORM 990, PART IX, LINES 5-7 SALARIES AND WAGES ARE ALLOCATED TO ASSET, LIABILITY, AND EXPENSE ACCOUNTS BASED ON THE ACCOUNTING SYSTEM DESCRIBED ABOVE. THE FOLLOWING SCHEDULE RECONCILES AMOUNTS REPORTED ON LINES 5-7 TO TOTAL WAGES ACCRUED AND/OR PAID: TOTAL PER LINES 5-7 $ 7,012,672 LESS DIRECTORS FEES REPORTED ON 1099-MISC (345,554) LESS EMPLOYEE OFFICER BENEFITS INCLUDED IN LINE 5 (368,680) LESS KEY EMPLOYEE BENEFITS INCLUDED IN LINE 5 (964,249) PLUS SALARIES AND WAGES ALLOCATED TO NONOPERATING MARGINS 122,024 PLUS SALARIES AND WAGES CAPITALIZED DIRECTLY TO PLANT 3,505,881 PLUS SALARIES AND WAGES CAPITALIZED/EXPENSED IDIRECTLY THROUGH CLEARING & OTHER ACCOUNTS 1,799,511 TOTAL WAGES ACCRUED AND OR PAID $10,761,605 FORM 990, PART IX, LINE 24 ADMINISTRATIVE AND GENERAL EXPENSE IS COMPRISED OF THE FOLLOWING: OFFICE AND SUPPLIES $ 1,388,648 OUTSIDE SERVICES EMPLOYED 779,513 OTHER INSURANCE 525,148 REGULATORY COMMISSION EXPENSE 140,496 DIRECTORS' FEES AND EXPENSE 91,095 MISCELLANEOUS GENERAL EXPENSE 1,988,407 MAINTENANCE OF GENERAL PLANT 276,977 TOTAL ADMINISTRATIVE AND GENERAL EXPENSE PER 990 $ 5,190,284 FORM 990, PART IX, LINE 4 PURSUANT TO THE FORM 990 INSTRUCTIONS, THE AMOUNT OF PATRONAGE DIVIDENDS PAID TO THE PATRONS SHOULD BE REPORTED ON PART IX, LINE 4. THE PHRASE "PATRONAGE DIVIDENDS PAID" REFERS TO THE PROCESS, SUBSEQUENT TO YEAR-END, BY WHICH THE COOPERATIVE ALLOCATES PATRONAGE CAPITAL TO AND, THEREFORE, OPERATES AT COST WITH ITS PATRONS. FORM 990, PART IX, LINE 24E ALL OTHER EXPENSES ARE COMPRISED OF THE FOLLOWING: OPERATING TAXES $ 3,957,046 OTHER DEDUCTIONS 69,476 WATER EXPENSES 1,058,742 WIRELESS EXPENSES 124,195 SALES EXPENSE 199,781 TRANSMISSION EXPENSE 68,628 TOTAL ALL OTHER EXPENSES PER FORM 990 $ 5,477,868 FORM 990, PART X, LINES 10C AND 14 THE COOPERATIVE HAS DETERMINED THAT CERTAIN INTANGIBLES AND CONTRACT RIGHTS USED IN THE WATER OPERATIONS SHOULD BE INCLUDED ON LINE 14 AS "INTANGIBLE ASSETS" FOR 2014. TO INCREASE CONSISTENCY, SUCH AMOUNTS AS OF DECEMBER 31, 2013 HAVE BEEN RECLASSIFIED FROM LINE 10C TO LINE 14. FORM 990, PART XI, LINE 9: DONATED CAPITAL -421. PATRONAGE CAPITAL ASSIGNED 3,904,590. PATRONAGE CAPITAL RETIRED -140,981. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS HAVE ASSIGNED MEMBERS TO AN AUDIT COMMITTEE TO OVERSEE THE FINANCIAL STATEMENT AUDIT AND SELECT THE INDEPENDENT FINANCIAL STATEMENT AUDITOR.