SANGRE DE CRISTO ELECTRIC ASSOCIATION INCORPORATED: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- SANGRE DE CRISTO ELECTRIC ASSOCIATION INCORPORATED (EIN 84-0313075)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-07-30
- IRS object ID
- 201402119349300440
- Schema version
- 2013v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-07-30T13:50:24-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Schmidt & Company LLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 923 NE Woods Chapel Rd Suite 304 | AddressLine1 |
| City | Lees Summit | City |
| State | MO | State |
| ZIP Code | 64064 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 840313075 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SANGRE DE CRISTO ELECTRIC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SANG | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29780 US HWY 24 | AddressLine1 |
| City | Buena Vista | City |
| State | CO | State |
| ZIP Code | 812112013 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL A ERICKSON | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 7193952412 | PhoneNum |
| Signature | 2014-07-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Matthew D Sharp | PreparerPersonNm |
| PTIN | P01780607 | PTIN |
| Phone | 8883910229 | PhoneNum |
| Preparation | 2014-07-30 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Paul A Erickson | PrincipalOfficerNm |
| Gross Receipts | $17,955,190 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1940 | FormationYr |
| Legal Domicile State | CO | LegalDomicileStateCd |
| Activity Or Mission | Sale of electricity to members | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 41 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $16,198,185 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $17,883,326 | CYProgramServiceRevenueAmt |
| PY Investment Income | $70,225 | PYInvestmentIncomeAmt |
| CY Investment Income | $71,864 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $16,268,410 | PYTotalRevenueAmt |
| CY Total Revenue | $17,955,190 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $868,308 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $1,099,183 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $15,519,712 | PYOtherExpensesAmt |
| CY Other Expenses | $16,620,016 | CYOtherExpensesAmt |
| PY Total Expenses | $16,388,020 | PYTotalExpensesAmt |
| CY Total Expenses | $17,719,199 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$119,610 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $235,991 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $49,967,777 | TotalAssetsBOYAmt |
| Total Assets EOY | $53,695,455 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $32,211,189 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $35,176,869 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $17,756,588 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $18,518,586 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Sale of electricity to members | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $17,719,199 | ExpenseAmt |
| Revenue | $17,955,190 | RevenueAmt |
| Desc | Provided electricity to rural members. | Desc |
| Total Program Service Expenses | $17,719,199 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 41 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $17,110,439 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $284,057 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Nancy J Miles | PersonNm |
| Phone | 7193952412 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 29780 US HWY 24 | AddressLine1 |
| City | Buena Vista | City |
| State | CO | State |
| ZIP Code | 812112013 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Donald L Kaufman | ||||||||
| President | 11.00 | 0.00 | Yes (X) | Yes (X) | $16,584 | $0 | $0 | |
| Gary Merrifield | ||||||||
| Secretary | 13.00 | 0.00 | Yes (X) | Yes (X) | $9,813 | $0 | $0 | |
| Phillip R DeLuca | ||||||||
| VP | 7.00 | 0.00 | Yes (X) | Yes (X) | $11,913 | $0 | $0 | |
| Arlie R Riggs | ||||||||
| Dir | 4.00 | 0.00 | Yes (X) | $11,063 | $0 | $0 | ||
| Thomas Gene Coleman | ||||||||
| Director | 5.00 | 0.00 | Yes (X) | $11,313 | $0 | $0 | ||
| Howard Eggleston | ||||||||
| Director | 5.00 | 0.00 | Yes (X) | $11,613 | $0 | $0 | ||
| Suzanne Kelly | ||||||||
| Director | 4.00 | 0.00 | Yes (X) | $10,632 | $0 | $0 | ||
| Wesley E Duran | ||||||||
| Treasurer | 7.00 | 0.00 | Yes (X) | Yes (X) | $13,266 | $0 | $0 | |
| Paul A Erickson | ||||||||
| CEO | 40.00 | 0.00 | Yes (X) | $181,494 | $0 | $83,010 | ||
| Nancy J Miles | ||||||||
| CFO | 40.00 | 0.00 | Yes (X) | $116,532 | $0 | $121,554 | ||
| Ann Johnson | ||||||||
| DCER | 40.00 | 0.00 | $113,356 | $0 | $115,835 | Yes (X) | ||
| Patrick Bernhardt | ||||||||
| COO | 40.00 | 0.00 | $117,190 | $0 | $95,033 | Yes (X) | ||
| William A Ortiz | ||||||||
| Staff Engineer | 40.00 | 0.00 | $104,605 | $0 | $50,515 | Yes (X) | ||
| Dana Douty | ||||||||
| Line Super | 40.00 | 0.00 | $104,522 | $0 | $109,669 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $833,896 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $575,616 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Asplundh | |||||
| PO Box 827464 | Philadelphia | PA | 19182 | Tree Trimming | $173,588 |
| Lowry Contracting | |||||
| 7693 HWY 285 | Salida | CO | 81201 | Cable Plowing | $183,061 |
| Ward Electric Company Inc | |||||
| 3690 Stagecoach Rd | Longmont | CO | 80502 | Line Replacements | $788,837 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| Sale of electricity | 221000 | $16,746,251 | $16,746,251 | |
| Joint pole rental | 221000 | $21,681 | $21,681 | |
| Other electric rev | 221000 | $364,188 | $364,188 | |
| Capital credits | 221000 | $751,206 | $751,206 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $17,883,326 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $71,864 | TotalRevenueColumnAmt |
| Exclusion | $71,864 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,955,190 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $17,861,645 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $93,545 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,099,183 | TotalAmt |
| Program Services | $1,099,183 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,298,878 | TotalAmt |
| Program Services | $1,298,878 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,379,153 | TotalAmt |
| Program Services | $1,379,153 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Cost of power purchased | $8,698,075 | $8,698,075 |
| Oper & maintenance expense | $2,031,669 | $2,031,669 |
| Consumer accounting exp | $1,273,841 | $1,273,841 |
| A&G | $1,938,119 | $1,938,119 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $281 | TotalAmt |
| Program Services | $281 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,719,199 | TotalAmt |
| Program Services | $17,719,199 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,005,969 | BOYAmt |
| EOY | $1,006,392 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,000 | BOYAmt |
| EOY | $100,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,532,228 | BOYAmt |
| EOY | $1,909,397 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $860,293 | BOYAmt |
| EOY | $775,694 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,636 | BOYAmt |
| EOY | $1,899,257 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $54,451,920 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $16,212,661 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,139,864 | BOYAmt |
| EOY | $38,239,259 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,239,787 | BOYAmt |
| EOY | $9,765,456 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,967,777 | BOYAmt |
| EOY | $53,695,455 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,844,183 | BOYAmt |
| EOY | $4,147,795 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,865,179 | BOYAmt |
| EOY | $29,593,638 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,501,827 | BOYAmt |
| EOY | $1,435,436 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,211,189 | BOYAmt |
| EOY | $35,176,869 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $243,048 | BOYAmt |
| EOY | $230,292 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,513,540 | BOYAmt |
| EOY | $18,288,294 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,756,588 | BOYAmt |
| EOY | $18,518,586 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,967,777 | BOYAmt |
| EOY | $53,695,455 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $235,991 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $526,007 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $54,451,920 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $16,212,661 | DepreciationAmt |
| Book Value | $38,239,259 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $38,239,259 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Equities in other organization | Desc |
| Book Value | $9,765,456 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $9,765,456 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred Credits | Desc |
| Amt | $1,435,436 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,435,436 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $17,955,190 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $17,955,190 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $17,955,190 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $16,620,016 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $16,620,016 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,099,183 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,099,183 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $17,719,199 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Other expenses included on Form 990 (Part XII, line 4b) | FormAndLineReferenceDesc |
| Explanation | Other expenses included on the Form 990 include the capital credit allocation to the Cooperative's members. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| Paul A Erickson | ||||
| CEO | $181,494 | $63,620 | $19,390 | $264,504 |
| Ann Johnson | ||||
| DCER | $113,356 | $96,445 | $19,390 | $229,191 |
| Nancy J Miles | ||||
| CFO | $116,532 | $102,164 | $19,390 | $238,086 |
| Patrick Bernhardt | ||||
| COO | $117,190 | $75,643 | $19,390 | $212,223 |
| William A Ortiz | ||||
| Staff Engineer | $104,605 | $31,125 | $19,390 | $155,120 |
| Dana Douty | ||||
| Line Super | $104,522 | $90,279 | $19,390 | $214,191 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Members or stockholder classes and rights Part VI line 6 | Member owned electric cooperative. |
| Member election for additional members Part VI line 7a | Each member of the cooperative shall be entitled to vote in the election of the board of directors. |
| Governing body decisions Part VI line 7b | Board consists of 8 directors who are elected by the membership. |
| Form 990 governing body review Part VI line 11 | Board and managment review annual filings at monthly meetings when available. |
| CEO executive director top management comp Part VI line 15a | The Board of Sangre De Cristo Electric Association uses the following to detemine CEO compensation: Mountain State Employers' Council Pay Data Survey Colorado Rural Electric Association Pay Data Survey NRECA Market Survey CEO peformance evaluation (entire board is involved in the evaluation) |
| Other officer or key employee compensation Part VI line 15b | Management uses the following to determine Key employees compensation: Mountain State Employers' Council Pay Data Survey Colorado Rural Electric Association Pay Data Survey NRECA Market Survey Performance Evaluations |
| Governing documents etc available to public Part VI line 19 | Governing documents and financial statements are made available to the public upon request. |
| Explanation of other changes in net assets or fund balances Part XI line 9 | Other changes in net assets include changes to donated capital and patrons capital credits during the year. |
| General explanation attachment | Part IX, Line 4-Benefits paid to or for members: The Cooperative allocated patronage capital credits to its members in this amount. |