HIGH PLAINS POWER INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: HIGH PLAINS POWER INC (EIN 84-1414521)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-11
IRS object ID: 201303169349300955
Schema version: 2012v2.1
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
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-11T11:45:28-06:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Schmidt & Company LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

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	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	841414521	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	HIGH PLAINS POWER INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	HIGH	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 713	AddressLine1
City	Riverton	City
State	WY	State
ZIP Code	82501	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JEFF HOHN	Name
Title	GM	Title
Phone	3078569426	Phone
Date Signed	2013-05-01	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Roger Schmidt Jr	Name
PTIN	P01243694	PTIN
Phone	8883910229	Phone
Date Prepared	2013-11-11	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	80948950	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1998	YearFormation
State Legal Domicile	WY	StateLegalDomicile
Activity Or Mission Description	Rural Electric Cooperative	ActivityOrMissionDescription
Nbr Voting Members Governing Body	12	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	12	NbrIndependentVotingMembers
Total Nbr Employees	55	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	78273582	ProgramServiceRevenuePriorYear
Program Service Revenue CY	80808201	ProgramServiceRevenueCY
Investment Income Prior Year	129576	InvestmentIncomePriorYear
Investment Income Current Year	140749	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	78403158	TotalRevenuePriorYear
Total Revenue Current Year	80948950	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	5276667	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	4548409	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	72992000	OtherExpensePriorYear
Other Expenses Current Year	76253418	OtherExpensesCurrentYear
Total Expenses Prior Year	78268667	TotalExpensesPriorYear
Total Expenses Current Year	80801827	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	134491	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	147123	RevenuesLessExpensesCY
Total Assets BOY	101076928	TotalAssetsBOY
Total Assets EOY	112895771	TotalAssetsEOY
Total Liabilities BOY	32730231	TotalLiabilitiesBOY
Total Liabilities EOY	39901950	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	68346697	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	72993821	NetAssetsOrFundBalancesEOY
Mission Description	Rural Electric Cooperative	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	80801827	Expense
Revenue	80948950	Revenue
Description	Sale of electricity to rural members	Description
Total Program Service Expense	80801827	TotalProgramServiceExpense
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	true	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	55	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Gross Income From Members	77498646	GrossIncomeFromMembers
Gross Income Other Sources	3435296	GrossIncomeOtherSources
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	12	NbrVotingGoverningBodyMembers
Number Independent Voting Members	12	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Jeff Hohn	NamePerson
Telephone Number	3078569426	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO Box 713	AddressLine1
City	Riverton	City
State	WY	State
ZIP Code	82501	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (13 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee
Brett Gardner
Director	2.00	X	3477	0	0
Gary Gordon
ASST SEC	2.00	X	4000	0	0	X
Hearley Dockham
SEC	4.00	X	10431	0	0	X
Jeff Milton
Director	2.00	X	1815	0	0
Jesse Hankins
Director	2.00	X	5086	0	0
Jim Miller
TREAS	2.00	X	3280	0	0	X
Lee Shaffer
Director	2.00	X	4778	0	0
Mark Park
Director	2.00	X	4614	0	0
Matt Brown
VP	2.00	X	3564	0	0	X
Rebecca Darnell
Director	2.00	X	3034	0	0
Richard Haun
Director	2.00	X	2800	0	0
Robert Cardwell Jr
PRES	6.00	X	4464	0	0	X
Jeff Hohn
GM	40.00		134266	0	24363		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	185609	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	24363	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
TITAN ELECTRIC
4933 SCENIC RTE	Casper	WY	82609	NEW POWER LINE CON	1724770
INTERMOUNTAIN ELECTRIC
701 S FEDERAL BLVD	Riverton	WY	82501	NEW POWER LINE CON	1523976
ESC ENGINEERING
3540 JFK PARKWAY	Fort Collins	CO	80521	ENGINEERING SERVIC	523195
BESLER INC
BOX 1527	Rapid City	SD	57701	NEW SUBSTATION CON	399691
WRIGHT TREE SERVICES
PO BOX 1718	Des Moines	IA	50301	ROGHT-OF-WAY CLEAR	369105

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	9	NumberOfContractorsGT100K
Info In Schedule O Part VIII	X	InfoInScheduleOPartVIII

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
Electricity sales	221000	77358119	77358119
Capital Credits	221000	3294547	3294547
Joint pole rental	221000	15008		$15,008
Misc service revenues	221000	140527	140527

Field	Value	IRS element (for citing)
Total Program Service Revenue	80808201	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	140749	TotalRevenueColumn
Exclusion	$140,749	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	80948950	TotalRevenueColumn
Related Or Exempt Function Income	80793193	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$155,757	ExclusionAmount

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	4548409	Total
Program Services	4548409	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	1550396	Total
Program Services	1550396	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	2677684	Total
Program Services	2677684	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
PURCHASED POWER	64892058	64892058
MAINTENANCE EXPENSE	2049923	2049923
OPERATING EXPENSE	2372606	2372606
CUSTOMER SERVICE & A&G	2535551	2535551

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	175200	Total
Program Services	175200	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	80801827	Total
Program Services	80801827	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	5774733	BOY
EOY	858732	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1775607	BOY
EOY	2056552	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	1514206	BOY
EOY	2049401	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	130238	BOY
EOY	379216	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	101659890	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	46616220	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	42003318	BOY
EOY	55043670	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	49878826	BOY
EOY	52508200	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	101076928	BOY
EOY	112895771	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	3379236	BOY
EOY	3398153	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	29347995	BOY
EOY	36500797	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	3000	BOY
EOY	3000	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	32730231	BOY
EOY	39901950	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	68346697	BOY
EOY	72993821	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	68346697	BOY
EOY	72993821	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	101076928	BOY
EOY	112895771	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	147123	ReconcilationRevenueExpenses
Reconcilation Other Changes	4500001	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	101659890	InvestmentCostOrOtherBasis
Depreciation	46616220	Depreciation
Book Value	55043670	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	55043670	TotalOfBookValueLandBuildings

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
Description	Equities in other organization	Description
Book Value	52508200	BookValue
Method Of Valuation	C	MethodOfValuation

Field	Value	IRS element (for citing)
Total Of Book Value Program Related	52508200	TotalOfBookValueProgramRelated

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	Deferred credits	Description
Amount	$3,000	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	3000	TotalOfAmounts

Schedule J IRS990ScheduleJ

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	Jeff Hohn	NamePerson
Title	GM	Title
Base Compensation Filing Org	134266	BaseCompensationFilingOrg
Deferred Comp Filing Org	22928	DeferredCompFilingOrg
Nontaxable Benefits Filing Org	1435	NontaxableBenefitsFilingOrg
Total Compensation Filing Org	158629	TotalCompensationFilingOrg

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
O01	Members or stockholder classes and rights Part VI line 6	MEMBER OWNED ELECTRIC COOPERATIVE WITH EACH MEMBER HAVING VOTING RIGHTS.
O02	Member election for additional members Part VI line 7a	MEMBER ELECTED BOARD OF DIRECTORS FOR REPRESENTATION.
O03	Form 990 governing body review Part VI line 11	MANAGEMENT AND PAID PREPARER REVIEW FORM 990 PRIOR TO EFILING. BOARD OF DIRECTORS REVIEW ANNUAL TAX FILINGS AT BOARD MEETINGS.
O04	CEO executive director top management comp Part VI line 15a	BOARD OF DIRECTORS ANNUALLY REVIEW AND APPROVE MANAGEMENTS COMPENSATION.
O05	Other officer or key employee compensation Part VI line 15b	BOARD OF DIRECTORS ANNUALLY REVIEW AND APPROVE MANAGEMENTS COMPENSATION.
O06	Governing documents etc available to public Part VI line 19	GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC AT THE COOPERATIVE9S OFFICE UPON REQUEST.
O07	Explanation of other changes in net assets or fund balances Part XI line 9	OTHER CHANGES IN NET ASSETS INCLUDED CHANGES IN PATRONS9 CAPITAL CREDITS AND CAPITAL CREDITS GAIN DURING THE YEAR.
O08	Statement of Revenue Part VIII	LINE 4: THE COOPERATIVE LISTED THE ALLOCATION OF THE 2011 CAPITAL CREDITS TO ITS MEMBERS TO REFLECT CHANGES IN FORM 990 REPORTING INSTRUCTIONS THAT INSTRUCT PATRONAGE DIVIDENDS PAID BY 501(C)(12) ORGANIZATIONS TO THEIR MEMBERS BE REPORTED AS AN EXPENSE. THIS WAS NOT REPORTED IN THIS MANNER IN 2010.
O09	General explanation attachment	Part I, Line 14-Due to changes in the 2011 Form 990 instructions the patronage capital credits allocated to the Cooperative9s members were reported in the current tax period and not in the prior tax period.