2014-07-31T14:08:48-05:00 2013-12-31 208896204 Dennis G Koch CPA PO Box 1007 Quincy IL 623061007 990 2013-01-01 430635689 Northeast Missouri Electric Power Coop NORT 5737692107 P O Box 191 Palmyra MO 634610191 Douglas H Aeilts CEO and General Manager 5737692107 2014-07-15 1 Dennis G Koch P01210686 2172248484 2014-07-15 X 2013 2015-11-30 17:44:51Z P O Box 191 Palmyra MO 634610191 75378776 0 X www.northeast-power.coop X Cooperative 1948 MO Providing electricity to electric distribution cooperatives in Missouri and Iowa 18 18 75 0 0 0 0 0 73475946 75104589 275562 274187 0 0 73751508 75378776 0 0 1492826 1700808 135000 131500 0 0 0 69138331 71734488 70766157 73566796 2985351 1811980 118296432 130292143 66087532 76271263 52208900 54020880 Provide electric energy to member electric distribution cooperatives in Missouri and Iowa. 0 0 73566796 75378776 Electric Power Cooperative - Wholesale Electric Energy 73566796 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 1 90 0 1 75 1 0 0 0 0 0 71880190 3498586 0 X 18 18 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Jackie Serbin 5737692107 3705 Business 61 Palmyra MO 634610191 Emery Geisendorfer Jr President/Director 2.00 X X 7000 0 0 David Wright Vice President/Director 5.00 X X 13000 0 0 Donnie White Sec/Treasurer/Director 2.00 X X 5500 0 0 Norman Haerr Director 3.00 X 8000 0 0 David Hopkins Director 3.00 X 8500 0 0 Sharon Leake Director 2.00 X 8000 0 0 Fred Hickenbottom Director 4.00 X 8000 0 0 Robert Long Director 4.00 X 8000 0 0 Mike Miller Director 3.00 X 7000 0 0 Harold Harper Director 4.00 X 10500 0 0 Merrill Baker Director 3.00 X 6000 0 0 Richard Welsh Director 2.00 X 1500 0 0 Thomas Wooten Director 2.00 X 6000 0 0 Joseph Sebolt Director 3.00 X 8000 0 0 Jake Fisher Director 0.00 X 0 0 0 John Killgore Director 0.00 X 0 0 0 Marvin Newton Director 4.00 X 8000 0 0 Mark VanDolah Director 3.00 X 10500 0 0 Kenny Wooldridge Director 5.00 X 8000 0 0 Douglas H Aeilts PE CEO & General Manager 55.00 X 392390 0 258407 Jackie Serbin Asst Secretary/Treasurer 51.00 X 159125 0 84076 Kevin F White Mgr Engineering & Ops 54.00 X 169649 0 91184 Jack Elmore Communications Mgr 44.00 X 119272 0 49036 Gary Wood Operations Manager 53.00 X 111544 0 79827 Kay Simpson Admin Asst 52.00 X 113603 0 94825 Gordon Y Ipson Manager of Economic Development 43.00 X 100258 0 51080 1297341 0 708435 9 0 1 0 Hutton Contracting Co Inc 1600 Clifty Highway Hindsville AR 72738 Line Construction 4088734 Cooperative Building Solutions 77 Westport Plaza Dr 250 St Louis MO 63146 Building Renovation 1374006 Capital Electric Line Builders 4400 NW Mattox Rd Riverside MO 64150 Line Construction 1087480 McAninch Corporation PO Box 1486 Des Moines IA 50305 Grading Services 787420 Townsend Tree Service 101 S Main St Parker City IN 47368 ROW Maintenance 491826 8 Wholesale Electric Energy 221000 68552009 68552009 Capital Credits 221000 3060860 3060860 Other Electric Revenue 221000 3021836 3021836 Leased Plant 221000 469884 469884 75104589 274187 274187 75378776 75378776 0 0 X 1700808 131500 2064923 3060095 Purchased Power 56918876 Transmission Operations 3226096 Administrative & Genera 2441410 Transmission Maintenanc 1376029 2647059 73566796 2469776 2784225 7379185 7274081 4803215 4769275 222562 1227488 113993262 45192461 62643036 68800801 40421355 42353958 357303 3082315 118296432 130292143 5842089 7341834 30850 64480 46776182 46567788 11223719 19165888 2214692 3131273 66087532 76271263 X 900 900 0 0 52208000 54019980 52208900 54020880 118296432 130292143 1811980 0 X X 0 1 X 1 1 1 2708399 2708399 7116341 2450675 4665666 104168522 42741786 61426736 68800801 Patronage-Associated Electric 37523007 C Patronage-NRUCFC 188847 C Patronage-CoBank 173553 C Inv in Assoc Organizations 107710 C NRUCFC Investments 4109568 C Other Investments 251273 C 42353958 Post Retirement Benefits 484744 Pension Reserve 20242 Special Deposits-125 Plan 16560 Accrued interest payable 160233 Accrued taxes 352847 Accrued compensation 346647 Power Cost Reserve 1750000 3131273 X 75378776 0 75378776 0 75378776 71865988 0 71865988 1700808 1700808 73566796 Part X, Line 2: The cooperative evaluates the components of the annual test for maintenance of its tax-exempt status under section 501(c)(12) of the Internal Revenue Code of 1986, as amended. This process includes an analysis of whether the position the cooperative takes with regard to a particular item of income would meet the definition of an uncertain tax position under Financial Accounting Interpretation No. 48, Accounting for Uncertainty in Income Taxes. Part XII, Line 4b - Other Adjustments: Patronage capital retired to members 1,700,808. X 1 1 X X 0 1 0 Douglas H Aeilts PE CEO & General Manager 392390 0 0 0 0 0 237201 0 21206 0 650797 0 0 0 Jackie Serbin Asst Secretary/Treasurer 159125 0 0 0 0 0 61100 0 22976 0 243201 0 0 0 Kevin F White Mgr Engineering & Ops 169649 0 0 0 0 0 72590 0 18594 0 260833 0 0 0 Jack Elmore Communications Mgr 119272 0 0 0 0 0 31212 0 17824 0 168308 0 0 0 Gary Wood Operations Manager 111544 0 0 0 0 0 64919 0 14908 0 191371 0 0 0 Kay Simpson Admin Asst 113603 0 0 0 0 0 76429 0 18396 0 208428 0 0 0 Gordon Y Ipson Manager of Economic Development 100258 0 0 0 0 0 32447 0 18633 0 151338 0 0 0 Part I, Line 1a The organization is located in a rural area where commercial air travel is not readily available. Written policy allows the use of chartered travel in cases where the use of commercial flights are not possible. Part I, Line 4b Douglas Aeilts - NRECA Deferred Comp Plan - $17,500 Access Energy Cooperative Member Sale of wholesale power to the member distribution cooperative 0 Chariton Valley Electric Cooperative Member Sale of wholesale power to the member distribution cooperative 0 Lewis County Rural Electric Cooperative Member Sale of wholesale power to the member distribution cooperative 0 Macon Electric Cooperative Member Sale of wholesale power to the member distribution cooperative 0 Missouri Rural Electric Cooperative Member Sale of wholesale power to the member distribution cooperative 0 Ralls County Electric Cooperative Member Sale of wholesale power to the member distribution cooperative 0 Southern Iowa Electric Cooperative Inc Member Sale of wholesale power to the member distribution cooperative 0 Tri-County Electric Cooperative Member Sale of wholesale power to the member distribution cooperative 0 Associated Electric Cooperative Inc Member Purchase of wholesale power from the member G & T Cooperative 0 Form 990, Part VI, Section A, line 6 Each electric distribution cooperative and the wholesale power supplier are members of the Cooperative Form 990, Part VI, Section A, line 7a Each member electric distribution cooperative and the member wholesale power supplier elect their own representatives (2) to the board. Form 990, Part VI, Section B, line 11 The Federal Form 990 is presented to and discussed by the Board of Directors and formally approved before the form is filed with the internal revenue service. Form 990, Part VI, Section B, line 12c The Cooperative's compliance officer is responsible for monitoring compliance with the Cooperative's conflict of interest policy. Form 990, Part VI, Section B, line 15 The process for determining the CEO's compensation by the Northeast Power board of directors included a review of the CEO's performance, comparisons of other CEO salaries in the state of Missouri and in the Midwest and an in depth deliberation before the ultimate decision was made setting the CEO's compensation. All of this is set forth in the Executive Session Minutes of the Northeast Power Board of Directors, such minutes were approved by the full board while in Executive Session. Form 990, Part VI, Section C, line 19 Governing documents, conflict of interest policies and financial statements are available for public inspection by contacting CEO and General Manager Douglas H Aeilts PE at the Cooperative. FORM 990 Part IX, Line 4 Patronage capital allocated to members was shown as a deduction from income for 2011. Beginning in 2012, Patronage capital retired is shown as a deduction. Form 990, Part XII, Line 2C The process for approving the audit has not changed from prior years. The Independent auditor meets with the full board of directors at the February regularly scheduled board meeting to review the audited financial statements and related correspondence. Northeast Technologies LLC PO Box 191 Palmyra MO 634610191 043600463 Construction and leasing of dark fiber strands MO 4290 76789 Northeast Missouri Electric Power Cooperative