2013-05-08T13:53:54-05:00 2012-12-31 411562398 CARLSON HIGHLAND & CO LLP 11272 86TH AVE N SUITE B MAPLE GROVE MN 55369 990 2012-01-01 390585072 ST CROIX ELECTRIC COOPERATIVE STCR 7157967000 1925 RIDGEWAY STREET HAMMOND WI 54015 MARK PENDERGAST 7157967000 2013-05-01 1 MATT GUYER CPA P00386499 7634243818 X 2012 2016-03-07 17:11:31Z MARK PENDERGAST 1925 RIDGEWAY STREET HAMMOND WI 54015 22248361 0 X WWW.SCECNET.NET X ELECTRIC COOPERATIVE 1937 WI DISTRIBUTE ELECTRIC ENERGY 9 9 29 0 143539 16989 0 0 20992685 21751463 192755 299834 241756 197064 21427196 22248361 0 0 1395425 1862368 491949 439542 0 0 0 19539822 19946451 21427196 22248361 0 0 44193311 45080943 24857116 24636894 19336195 20444049 DISTRIBUTE ELECTRIC ENERGY 0 0 THE COOPERATIVE PROVIDES RURAL ELECTRICAL SERVICE TO APPROXIMATELY 10,089 MEMBERS. 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 0 0 0 0 0 0 1 1 0 0 1 50 0 29 1 1 1 0 0 0 0 0 0 21057202 751147 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X THE ORGANIZATION 7157967000 1925 RIDGEWAY STREET HAMMOND WI 54015 WILLIAM PEAVEY 4.00 X X 5500 0 0 WILLIAM FINDLAY 2.00 X 3000 0 0 KENNETH SCHOETTLE 7.00 X 6250 0 0 FRANCIS KLATT 6.00 X 6250 0 0 DERRICK OBERLE 3.50 X X 4625 0 0 DAVID ORF 4.50 X X 6750 0 0 HAROLD RIVARD 3.00 X 6000 0 0 GEORGE YATES 1.50 X 4000 0 0 PAUL NYHUS 2.50 X 3250 0 0 MARK PENDERGAST 40.00 X 235174 0 56350 TONYA LATHE 40.00 X 76843 0 25550 357642 0 81900 1 0 1 0 TJADER & HIGHSTROM INC PO BOX 846277 DALLAS TX 75284 WORK ORDER CONTRACTOR 326333 BADGER UNITED COOPERATIVE PO BOX 368 FALL CREEK WI 54742 TREE TRIMMING/RIGHT OF WAY 243413 2 ELECTRICITY SALES 221000 20809637 20809637 CAPITAL CREDITS 221000 774309 774309 OTHER ELECTRICAL INCOME 221000 159313 159313 POLE RENTAL 221000 8204 8204 21751463 299834 299834 FIRST CALL PHONE LEASE 900002 91032 22758 68274 MANAGEMENT FEE 541610 75265 75265 OTHER INCOME 221000 28254 28254 2513 2513 197064 22248361 21796784 143539 308038 1862368 439542 953185 1481623 INCOME TAXES 3146 PURCHASED POWER 14345966 PLANT OPERATIONS 1614634 ADMINISTRATIVE AND GENE 1132466 415431 22248361 125347 256613 1019660 1069334 2152762 1983330 238290 185214 486133 458755 56461 33447 46887633 14974582 31175258 31913051 8714278 9058714 225122 122485 44193311 45080943 1978608 2064685 22776200 22497185 102308 75024 24857116 24636894 X 48113 46545 18145858 19302285 1142224 1095219 19336195 20444049 44193311 45080943 X 0 1107854 X 0 1 X 1 0 128319 128319 46759314 14974582 31784732 31913051 DAIRYLAND POWER COOPERATIVE 6420445 C CFC 173368 C INVESTMENT IN SUBSIDIARY 574364 F FEDERATED RURAL ELECTRIC INSURANCE EXCHANGE 93339 C RURAL ELECTRIC SUPPLY COOPERATIVE 176732 C OTHER INVESTMENTS IN ASSOCIATED COMPANIES 1026285 C TIF REVENUE BOND 594181 C 9058714 DEFERRED CREDITS 75024 75024 X 22062105 -69240 -69240 22131345 117016 117016 22248361 20268977 -117016 -117016 20385993 1862368 1862368 22248361 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE COMPANY ADOPTED THE PROFESSIONAL ACCOUNTING STANDARD THAT REQUIRES THE COMPANY TO EVALUATE ITS INCOME TAX POSITIONS TO DETERMINE IF THERE ARE ANY POSITIONS THAT WOULD REQUIRE ANY ADJUSTMENTS TO THE FINANCIAL STATEMENTS. THE COMPANY'S POLICY IS TO INCLUDE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS/LIABILITIES IN INCOME TAX EXPENSE. THE COMPANY HAS DETERMINED THAT THEY HAVE NO UNCERTAIN INCOME TAX POSITIONS THAT NEED TO BE RECORDED OR REPORTED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: EQUITY IN INCOME OF TAXABLE SUBSIDIARY -69,240. PART XI, LINE 4B - OTHER ADJUSTMENTS: MERCH. SALES, INTERNET, FIRST CALL PH., AND LG DIST NETTED W/EXPENSE ON F/S 117,016. PART XII, LINE 2D - OTHER ADJUSTMENTS: MERCH. SALES, INTERNET, FIRST CALL PH., AND LG DIST NETTED W/EXPENSE ON F/S -117,016. PART XII, LINE 4B - OTHER ADJUSTMENTS: CAPITAL CREDITS ALLOCATED TO PATRONS FOR CURRENT YEAR 1,862,368. X X 0 0 0 MARK PENDERGAST 235174 0 0 0 0 0 35492 0 20858 0 291524 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE ASSOCIATION IS ORGANIZED WITHOUT CAPITAL STOCK AND THERE IS ONLY ONE CLASS OF MEMBERS WITH RESPECT TO VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS FROM WITHIN EACH DISTRICT OF THE COOPERATIVE SHALL ELECT A DIRECTOR TO SERVE FOR A THREE YEAR TERM COMMENCING AT THE DATE OF THE ANNUAL MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER SHALL BE ENTITILED TO ONE VOTE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE PRESIDENT/CEO AND THE FINANCE AND ADMINISTRATION MANAGER REVIEW FORM 990 BEFORE IT IS FILED. THE BOARD OF DIRECTORS ALSO REVIEWS FORM 990, BUT NOT BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE CONFLICT OF INTEREST POLICY WAS GIVEN TO EACH CURRENT EMPLOYEE AND DIRECTOR AS WELL AS EACH NEW EMPLOYEE AND DIRECTOR. THE CONFLICT OF INTEREST POLICY IS A SELF-POLICING POLICY IN WHICH IT IS THE RESPONSIBILITY OF EACH EMPLOYEE/DIRECTOR TO COME FORWARD WITH ANY POTENTIAL CONFLICTS WHENEVER THEY OCCUR. THE WHISTLEBLOWER POLICY SUPPORTS THE ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY BY ENCOURAGING ALL EMPLOYEES/DIRECTORS TO REPORT CONFLICTS OF INTEREST AND OTHER QUESTIONABLE BEHAVIOR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DOES A COMPARISON AND ANALYSIS WITH OTHER SIMILAR POSITIONS IN DETERMINING THE COMPENSATION FOR THE PRESIDENT/CEO. AN INDEPENDENT COMPANY SUPPLIES WAGE AND SALARY INFORMATION EVERY TWO YEARS. THE MANAGERS GRADE EMPLOYEES AND BRING SUGGESTED COMPENSATION TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE COOPERATIVE MAKES DOCUMENTATION AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: SUBSIDIARY LOSSES -69,240. MEMBERSHIPS ISSUED -1,568. RETIRED CAPITAL CREDITS -683,706. ROUNDING CAPITAL CREDITS ALLOCATED TO PATRONS FOR 2012 1,862,368. ST CROIX SERVICES INC 1925 RIDGEWAY STREET HAMMOND WI 54015 391846568 WIRELESS INTERNET SERVICE WI ST CROIX ELECTRIC COOPERATIVE C -69240 612837 1.00000 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 ST CROIX SERVICES INC O 72000 ALLOCATION OF TIME ST CROIX SERVICES INC J 6000 ACTUAL CASH RECEIVED ST CROIX SERVICES INC Q 12501 ALLOCATION OF EXPENSES