2013-08-01T16:26:02-07:00 2012-12-31 990 2012-01-01 910267315 INLAND POWER & LIGHT CO INLA 5097477151 10110 W Hallett Rd Spokane WA 992247435 Sandi McKee 5097477151 2013-06-17 2012 2016-02-24 21:20:13Z Inland Power & Light CO 10110 W Hallett Rd Spokane WA 992247435 61488932 0 X www.inlandpower.com X 1937 WA Distribution and sale of electricity 9 8 119 0 0 0 0 0 58776356 60654566 522269 492997 330108 331512 59628733 61479075 48849 45551 1732707 1278138 8776029 12369637 0 0 0 44973288 46960996 55530873 60654322 4097860 824753 150226914 151508271 65816864 66204221 84410050 85304050 Distribution and sale of electricity 0 0 59376184 0 61479075 Distribution and sale of electricity. 0 0 0 59376184 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 50 0 1 119 1 0 0 0 0 0 61137378 482812 0 X 9 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X Inland Power Light Co 5097477151 10110 W Hallett Rd Spokane WA 992247435 Michelle Caird 8 0 X 23330 0 6175 James Kroll 6 0 X 27207 0 0 Nate Narrance 4 0 X 17417 0 6125 Gerald Davis 9 0 X 23532 0 3500 Gale Rettkowski 6 0 X 28039 0 0 Ken Jacobsen 6 0 X 7229 0 0 Kristina Bahr 7 0 X 32646 0 0 Dave Shill 6 0 X 30186 0 0 Brian Slaybaugh 6 0 X 30643 0 0 Garry Rosman 3 0 X 17104 0 0 Chad Jensen 50 0 X 100066 0 70542 Kris Mikkelsen 50 0 X 129574 0 20853 Sandra McKee 50 0 X 146181 0 83161 Thomas Duncan 56 0 X 163742 0 53047 Kevin Shaw 57 0 X 165723 0 41768 Fred Rettenmund 31 0 X 113892 0 66712 George Brown 45 0 X 133220 0 62780 Nick Nicholls 44 0 X 112746 0 74801 1302477 0 489464 31 0 1 0 Tice Electric 5405 North Lagoon Ave Portland OR 97217 Contract Labor 1531987 Associated Arborists PO Box 2971 Hayden ID 838350000 Tree Reclearing 743819 Northwest Line Builders PO BOX 181 NINE MILE FALLS WA 99026 Cable replacement Service 633679 Quality Resources Services PO BOX 14781 Spokane WA 99214 Contract Labor 391585 Wilson Construction Po Box 1190 Canby OR 97013 Pole Maintenance Service 325280 11 0 0 0 0 0 0 0 0 Operating Revenue 221000 60654566 60654566 0 0 0 0 0 0 60654566 428350 0 0 428350 0 0 0 0 0 0 0 0 275648 0 9857 0 265791 0 265791 0 0 265791 0 64647 0 0 0 64647 64647 0 0 64647 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Notes Receivable Interest 900099 7432 7432 0 0 Common Ditch Income 221000 47820 47820 0 0 Co-Gen Meter Revenue 221000 5600 5600 0 0 4869 4869 0 0 65721 61479075 60720287 0 758788 27551 18000 0 1278138 799370 0 5165100 1955406 3944571 505190 0 57426 29645 0 0 0 49502 25110 459882 30174 0 555324 139109 0 148089 2796487 0 5297073 225492 Cost of Purchased Power 28980979 Utility Plant Operations 1514568 Utility Plant Maintenance 2501800 Consumer Accounts & Taxes 3675725 474611 60654322 0 0 0 2851658 685408 0 0 0 0 7849938 7850042 0 0 0 0 208407 122820 2351199 2107956 489324 502242 199954999 64997763 131279490 134957236 0 0 0 0 0 0 0 0 5196898 5282567 150226914 151508271 8991296 11056614 0 0 0 0 0 0 0 0 0 0 52682982 50979442 0 0 4142586 4168165 65816864 66204221 X 0 0 597810 610150 83812240 84693900 84410050 85304050 150226914 151508271 X 824753 0 0 0 0 69247 X 0 1 1 0 102252 2194266 2296518 261201 13504565 2113127 11652639 0 0 0 0 0 183013542 62884636 120128906 0 879173 0 879173 134957236 Other Liabilities 4168165 4168165 61478488 0 0 0 4235 4235 61474253 0 4822 4822 61479075 59380406 0 0 0 4235 4235 59376171 0 1278151 1278151 60654322 SchD_P11_S00_L02d Schedule D, Part XI, Line 2d Reclass Amortization of Gain on prepayment of REA debt and expenses related to common ditch income. SchD_P11_S00_L04b Schedule D, Part XI, Line 4b Reclass miscellaneous non-operating expenses and depreciation. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Reclass Amortization of Gain on prepayment of REA debt and expenses related to common ditch income. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Reclass Patronage Capital Paid to Members and Misc Non-Operating Expenses and Depreciation. 1 Spokane Neighborhood Action Program 2116 E First Ave Spokane WA 99202 911311127 501(c)(3) 12500 0 To assist Spokane Neighborhood Action Program in providing monetary energy assistance to households in need and continue serving the Spokane area with their programs. 1 0 College Scholarships for Legal Dependents of Inland Power & Light Members 18 18000 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 Inland Power & Light maintains records of all donations made, whom the request was made by, and the purpose of each request. X X 0 0 0 Kris Mikkelsen 129574 0 0 0 0 0 7537 0 13317 0 150428 0 0 0 Chad Jensen 100066 0 0 0 0 0 65759 0 4782 0 170607 0 0 0 Sandra McKee 137681 0 8500 0 0 0 64266 0 18895 0 229342 0 0 0 Thomas Duncan 163742 0 0 0 0 0 35843 0 17204 0 216789 0 0 0 Kevin Shaw 165723 0 0 0 0 0 19234 0 22535 0 207492 0 0 0 Fred Rettenmund 108392 0 5500 0 0 0 69333 0 0 0 183225 0 0 0 George Brown 127219 0 6000 0 0 0 44760 0 18020 0 195999 0 0 0 Nick Nicholls 112746 0 0 0 0 0 58052 0 16749 0 187547 0 0 0 Gale Rettkowski Current Trustee 282468 Gale Rettkowski is a trustee for Inland Power & Light as well as for Federated Rural Electric Insurance Exchange. The amount of the transaction represents the total amount paid to Federated for Insurance policies and services during 2012. All checks were written to Federated; none were written directly to Mr. Rettkowski. 0 F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 Inland Power & Light is a rural electric cooperative owned by its members. There are approximately 31,000 members and we serve 38,783 meters. There is only one class of members which have the right to elect trustees, vote on changes to the Articles of Incorporation & Bylaws, mergers, and disposal of property/assets in excess of 10% of the total assets of the cooperative. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a All actives members are eligible to vote for trustees. Trustees are elected for a three year term with three trustee positions open to election each year. F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b Decisions of the trustees that are subject to approval by the members are changes to the Articles of Incorporation, Bylaws, mergers and disposals of property/assets in excess of 10% of the total assets of the cooperative. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Form 990 and related schedules are prepared by the General Ledger Accountant and then reviewed in detail by the CFO. The Form 990 and schedules are then sent on to the CEO for review. A copy of the final version was provided to and reviewed with the Board of Trustees before it was filed. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Inland Power & Light has a written Conflict of Interest policy that is distributed to all employees and trustees on an annual basis. The form distributed requests documentation for any potential conflicts of interest. The Human Resources department ensures all forms are returned. The CEO reviews all employee forms each year and the corporate attorney reviews the forms from the trustees. The appropriate people are notified of any procedural changes due to conflicts. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Compensation for the CEO is determined by the Board of Trustees. Each year they obtain comparability data from the Human Resources department that lists the compensation level of the CEO in other electric cooperatives of similar size. This data comes from the independent regional and national salary surveys. The salary level is set consistent with the surveys. The decision is documented and given to the Human Resources Manager. 15b - The CFO's compensation is set by the CEO. The CEO reviews comparability data from independent regional and national salary surveys and the salary is set consistent with the surveys. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Articles of Incorporation and the Conflict of Interest policy are made available to members upon request. Summary financial statements and the Bylaws are made available to the public on Inland Power's website. F990_P11_S00_L09 Form 990, Part XI, Line 9 Increase in Membership Equity of $12,340, Increase in Other Margins and Equities through Acquired Patronage Capital, Forefeited Estate Patronage Capital, etc. of $56,907. The change in Patronage Capital by General Retirement, Bad Debt Recoveries, Estate Payments, etc was ($1,278,138) and recorded in Part IX (Statement of Functional Expenses) Line 4(a): "Benefits Paid to or for Members."