2014-05-13T08:45:47-05:00 2013-12-31 030351388 THOMAS E YARGER CPA P O BOX 923 MONTPELIER VT 056010923 990 2013-01-01 010333304 FOX ISLANDS ELECTRIC COOPERATIVE INC FOXI 2078634636 66 MAIN ST P O BOX 527 VINALHAVEN ME 04863 CHARLES A FARRINGTON GENERAL MANAGER 2078634900 2014-05-06 1 THOMAS E YARGER P00438510 8022231769 2014-05-05 X 2013 2015-11-30 17:44:51Z ELLIOTT C BROWN 456 MIDDLE ROAD NORTH HAVEN ME 04863 2906056 0 X FOXISLANDS.NET X 1975 ME DISTRIBUTION OF ELECTRICAL SERVICES TO VINALHAVEN AND NORTH HAVEN ISLANDS IN MAINE 9 9 14 0 0 0 0 0 0 0 4801 15201 1508189 1548000 1512990 1563201 0 0 0 0 832127 860370 0 0 0 586437 626878 1418564 1487248 94426 75953 10400298 10522821 8212493 8274990 2187805 2247831 TO PROVIDE RELIABLE ELECTRIC SERVICE AT THE LOWEST COST TO RESIDENTIAL, COMMERCIAL AND INDUSTRIAL CUSTOMERS ON THE ISLANDS OF VINALHAVEN AND NORTH HAVEN MAINE. 0 0 1. PROVIDING RELIABLE ELECTRIC SERVICE TO COOPERATIVE MEMBERS2. WIND POWER DEVELOPMENT COMPLETED AND IN SERVICE AS OF NOVEMBER 2009. 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 9 0 1 14 1 0 0 0 0 0 0 0 2709273 197198 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 1 0 0 X BARBARA HAMILTON 2078634636 FOX ISLAND ELECTRIC COOP INC VINALHAVEN ME 04863 ELLIOT C BROWN PRESIDENT 1.00 X X 120 0 0 WYMAN PHILBROOK TREASURER 1.00 X X 70 0 0 PAUL A QUINN SECRETARY 1.00 X X 110 0 0 REXFORD CROCKETT DIRECTOR 1.00 X 130 0 0 ADDISON W AMES JR VICE PRESIDENT 1.00 X X 70 0 0 BOBBY WARREN DIRECTOR 1.00 X 110 0 0 PETER DRURY DIRECTOR 1.00 X 110 0 0 MARJORIE STRATTON DIRECTOR 1.00 X 80 0 0 RANDY PITTS DIRECTOR 1.00 X 110 0 0 PATRICK TRAINOR DIRECTOR 1.00 X 30 0 0 CHARLES A FARRINGTON MANAGER 40.00 X 96963 0 43391 97903 0 43391 0 0 0 0 0 15201 15201 2777214 1342855 1434359 1434359 FOX ISLAND WIND SUPPORT SERVICES 221000 55721 55721 RENT FROM ELECTRIC PROPERTY 221000 29527 29527 CAPITAL CREDITS 221000 15969 15969 12424 12424 113641 1563201 1563201 0 0 141294 487043 25020 161955 45058 5515 23876 20224 307576 347693 40751 CUSTOMER ACCOUNTING 59192 GENERAL & ADMINISTRATIO 44814 AMORTIZATION OF DEFERRE 11890 MISCELLANEOUS INCOME DE 1390 -236043 1487248 268364 246839 340415 415099 531872 322140 177162 167621 27939 18760 12125432 3634412 8247332 8491020 378 378 644144 652274 162692 208690 10400298 10522821 524739 295107 7673784 7960162 13970 19721 8212493 8274990 X 0 0 26785 21775 2161020 2226056 2187805 2247831 10400298 10522821 X 75953 -15927 X X 0 0 0 78799 78799 11503340 3634412 7868928 543293 543293 8491020 NRUCFC CAPITAL TERM CERTIFICATES 43997 C CFC MEMBERSHIP 1000 C NRUCFC PATRONAGE CAPITAL CERTIFICATES 42889 C UUS PATRONAGE CAPITAL 8616 C NRTC PARONAGE CAPITAL & MEMBERSHIP 12126 C CRC PATRONAGE CAPITAL 812 C COOP RESPONSE MEMBERSHIP 2500 C INVESTMENT IN FOX ISLAND WIND LLC 538168 C DEPOSIT WITH POWER SUPPLIER - VPPSA 2066 C SEDC MEMBERSHIP 100 C 652274 DEFERRED CREDITS 19721 19721 X 2890087 1326886 1326886 1563201 0 1563201 2814134 1326886 1326886 1487248 0 1487248 PART X, LINE 2: THE COOPERATIVE HAS DETERMINED THAT IT HAS NO UNCERTAIN INCOME TAX POSITIONS THAT NEED TO BE RECORDED OR REPORTED IN THE FINANCIAL STATEMENTS IN ACCORDANCE WITH FIN 48. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUES NET OF PAYROLL,TAXES & BENEFITS PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUES NET OF PAYROLL,TAXES & BENEFITS X 1 1 X 0 0 0 PART I, LINE 1A THE COOPERATIVE PROVIDES ITS MANAGER WITH A RESIDENCE THAT IS OWNED BY THE COOPERATIVE AND PAYS FOR ALL OPERATING EXPENSES AS AN CONVIENCE TO THE EMPLOYER TO ENABLE THE ORGANIZATION TO ATTRACT A QUALIFIED PERSON TO MANAGE THE COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE IS A MEMBER OWNED 501(C)12 CORPORATION. AS OF 12/31/12 THE COOPERATIVE HAD 1,440 MEMBERSHIPS ISSUED AND 9 MEMBERSHIPS SUBSCRIBED FOR AND 75 NON-MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE COOPERATIVE ANNUALLY ELECT MEMBERS OF THE BOARD OF DIRECTORS, THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN ACTIONS, SUCH AS BYLAW CHANGES, OF THE GOVERNING BODY REQUIRE MEMBER APPROVAL. FORM 990, PART VI, SECTION B, LINE 11 THE GOVERNING BODY DELEGATED THE REVIEW AND APPROVAL AND SIGNING OF THE 990 TO THE MANAGER OF THE COOPERATIVE. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS DETERMINE THE COMPENSATION FOR THE GENERAL MANAGER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT ITS OFFICES ON 66 MAIN STREET IN VINALHAVEN ME. FORM 990, PART XI, LINE 9: MEMBERSHIPS APPLIED AGAINST RECEIVABLES -195. NEW MEMBERSHIPS ISSUED 810. PATRONAGE CAPITAL APPLIED AGAINST ACCOUNTS RECEIVABLE, NET -10,917. MEMBERSHIPS RETURNED -75. MEMBERSHIPS TRANSFERRED TO INACTIVES -5,550. FORM 990 PART XI LINE 2C SELECTION OF INDEPENDENT AUDITOR THE BOARD OF DIRECTORS SELECT AND APPROVE THE APPOINTMENT OF THE INDEPENDENT AUDITOR EACH YEAR. THE SELECTION IS NOT DELEGATED TO A COMMITTEE. FOX ISLANDS WIND LLC (FOX ISLAND ELECTRIC OWNS 10) PO BOX 527 MAIN STREET VINALHAVEN ME 04863 263102032 GENERATION OF ELECTRIC ENERGY FROM WIND TURBINES ME DIVERSIFIED COMMUNICATIONS 90 OWNER SALE OF ELECTRICITY 0 0 0.10000 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 FOX ISLANDS WIND LLC L BILLED FOR SERVICES FOX ISLANDS WIND LLC N ESTIMATE FOX ISLANDS WIND LLC O SEE K ABOVE