MOUNTAIN VIEW ELECTRIC ASSOC INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: MOUNTAIN VIEW ELECTRIC ASSOC INC (EIN 84-0275175)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-10-25
IRS object ID: 201322989349300517
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	2013-10-25T10:45:30-05:00	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	840275175	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	MOUNTAIN VIEW ELECTRIC ASSOCIATION	BusinessNameLine1

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

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1600	AddressLine1
City	Limon	City
State	CO	State
ZIP Code	80828	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Joseph D Martin	Name
Title	President	Title
Phone	7197752861	Phone
Date Signed	2013-10-22	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	2013-10-25	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	JOSEPH MARTIN	NameOfPrincipalOfficerPerson
Gross Receipts	93852560	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	www.mvea.coop	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1941	YearFormation
State Legal Domicile	CO	StateLegalDomicile
Activity Or Mission Description	SALE OF ELECTRICITY TO MEMBERS	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	133	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	89699322	ProgramServiceRevenuePriorYear
Program Service Revenue CY	93219564	ProgramServiceRevenueCY
Investment Income Prior Year	100944	InvestmentIncomePriorYear
Investment Income Current Year	111570	InvestmentIncomeCurrentYear
Other Revenue Prior Year	197064	OtherRevenuePriorYear
Other Revenue Current Year	521426	OtherRevenueCurrentYear
Total Revenue Prior Year	89997330	TotalRevenuePriorYear
Total Revenue Current Year	93852560	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	5734800	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	6484055	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	84262530	OtherExpensePriorYear
Other Expenses Current Year	87368505	OtherExpensesCurrentYear
Total Expenses Prior Year	89997330	TotalExpensesPriorYear
Total Expenses Current Year	93852560	TotalExpensesCurrentYear
Revenues Less Expenses CY	0	RevenuesLessExpensesCY
Total Assets BOY	263276127	TotalAssetsBOY
Total Assets EOY	268610189	TotalAssetsEOY
Total Liabilities BOY	168214435	TotalLiabilitiesBOY
Total Liabilities EOY	170814508	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	95061692	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	97795681	NetAssetsOrFundBalancesEOY
Mission Description	SALE OF ELECTRICITY TO MEMBERS	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	93852560	Expense
Revenue	93852560	Revenue
Description	SOLD ELECTRICITY TO RURAL MEMBERS.	Description
Total Program Service Expense	93852560	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	true	ReportInvestOthSecurities
Report Prog Rel Invest	false	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	133	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	90633119	GrossIncomeFromMembers
Gross Income Other Sources	3169597	GrossIncomeOtherSources
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	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	true	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	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	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	ELLEN COPLEY	NamePerson
Telephone Number	7197752861	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1600	AddressLine1
City	Limon	City
State	CO	State
ZIP Code	80828	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (17 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
ALLEN GRESHAM
Asst Sec	9.50	X	15320	0	0
BARRY SPRINGER
DIR	15.00	X	22273	0	0
DONNA ANDERSEN-VAN NESS
DIR	6.80	X	19473	0	0
JOSEPH MARTIN
PRESIDENT	10.00	X	23173	0	0	X
MILT MATHIS
SECTREAS	9.10	X	15970	0	0	X
P D PADDOCK
VP	9.20	X	21118	0	0
RICK GORDON
DIR	5.70	X	7873	0	0
ELLEN COPLEY
MGR	46.00		168575	0	17041	X
JIM HERRON
CEO	52.00		191984	0	95454	X
CLAUD HUGLEY
MGR	42.00		129082	0	119239		X
DARRYL EDWARDS
MGR	45.00		115945	0	64806		X
DAVID LAGGE
EMPLOYEE	48.00		100222	0	17211		X
DAVID WALDNER
MGR	40.00		122540	0	48096		X
DAVID WILLIAMS
EMPLOYEE	50.00		103636	0	54753		X
LES ULFERS
EMPLOYEE	41.00		106374	0	45979		X
MIKE GARLAND
EMPLOYEE	40.00		103958	0	50459		X
WILLIAM WILMOTH
EMPLOYEE	44.00		111326	0	100472		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1378842	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	613510	TotalOtherCompensation
Number Individuals GT100 K	10	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
NOVINIUM
1221 29TH ST NW	Auburn	WA	98001	CABLE INJECTION	357877
GREAT PLAINS LOCATING
PO BOX 713359	Cincinnati	OH	45271	LINE LOCATING	196762
FOOTHILLS ENERGY SERVICES
3613 N HWY 85	Castle Rock	CO	80109	CONSTRUCTION	3069246
ASPLUNDH TREE EXPERT CO
1700 SOLUTIONS CT	Chicago	IL	60677	TREE TRIMMING	377223
WRB ENGINEERING
13710 STUTHERS RD STE 100	Colorado Springs	CO	80921	ENGINEERING	199858

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	6	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
SALE OF ELECTRICITY	221000	89212751	89212751
POLE RENTAL	221000	49844		$49,844
MISC SERVICES	221000	898942	898942
CAPITAL CREDITS	221000	3058027	3058027

Field	Value	IRS element (for citing)
Total Program Service Revenue	93219564	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	113258	TotalRevenueColumn
Exclusion	$113,258	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	-1688	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	-1688	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-1688	TotalRevenueColumn
Exclusion	-$1,688	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
MISC NON-OPERATING	900099	480899	480899
REVENUE FROM MERCHANDIS	900099	40527	40527

Field	Value	IRS element (for citing)
Total Other Revenue	521426	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	93852560	TotalRevenueColumn
Related Or Exempt Function Income	93691146	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$161,414	ExclusionAmount

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	6484055	Total
Program Services	6484055	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	6866355	Total
Program Services	6866355	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	6700587	Total
Program Services	6700587	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
COST OF PURCHASED POWER	56430045	56430045
OPERATING EXPENSE	5066910	5066910
MAINTENANCE OF DIST PLANT	4693747	4693747
A&G ACCOUNTING COLLECTING EX	7610861	7610861

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	93852560	Total
Program Services	93852560	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1779719	BOY
EOY	1591665	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	2280000	BOY
EOY	4410000	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	5577251	BOY
EOY	5638614	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	2581258	BOY
EOY	2550380	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	55264	BOY
EOY	70513	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	259185162	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	60049104	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	197378978	BOY
EOY	199136058	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
EOY	55212959	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	53623657	BOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	263276127	BOY
EOY	268610189	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	14909692	BOY
EOY	10801280	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	3705323	BOY
EOY	3495125	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	149599420	BOY
EOY	156518103	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	168214435	BOY
EOY	170814508	EOY

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

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	3635362	BOY
EOY	3560456	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	91426330	BOY
EOY	94235225	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	95061692	BOY
EOY	97795681	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	263276127	BOY
EOY	268610189	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	0	ReconcilationRevenueExpenses
Reconcilation Other Changes	2733989	ReconcilationOtherChanges
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
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	259185162	InvestmentCostOrOtherBasis
Depreciation	60049104	Depreciation
Book Value	199136058	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	199136058	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (4 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
INVEST IN ASSOC ORGAN-PAT C	53440637	C
INVEST IN ASSOC ORGAN-GEN F	203231	C
INVEST IN ASSOC ORGAN-NONGE	1512316	C
SPECIAL FUNDS	56775	C

Field	Value	IRS element (for citing)
Total Of Book Value Securities	55212959	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescription	AmountAmount
CONSUMER DEPOSITS	$1,851,025
NRUCFC	$48,327,407
RUS	$105,127,698
APBO	$1,211,973

Field	Value	IRS element (for citing)
Total Of Amounts	156518103	TotalOfAmounts

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval

Form990 Schedule J Part II Form990ScheduleJPartII (9 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
JIM HERRON
CEO	191984	79475	15979	287438
ELLEN COPLEY
MGR	168575	2527	14514	185616
CLAUD HUGLEY
MGR	129082	103406	15833	248321
DAVID WALDNER
MGR	122540	32117	15979	170636
DARRYL EDWARDS
MGR	115945	48827	15979	180751
LES ULFERS
EMPLOYEE	106374	30146	15833	152353
DAVID WILLIAMS
EMPLOYEE	103636	38920	15833	158389
MIKE GARLAND
EMPLOYEE	103958	34626	15833	154417
WILLIAM WILMOTH
EMPLOYEE	111326	84493	15979	211798

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (11 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
O01	Members or stockholder classes and rights Part VI line 6	MEMBER OWNED COOPERATIVE
O02	Member election for additional members Part VI line 7a	MEMBERS ELECT BOARD OF DIRECTORS
O03	Governing body decisions Part VI line 7b	AT ANNUAL MEETINGS MEMBERS VOTE ON ANY CHANGES TO THE ARTICLES.
O04	Form 990 governing body review Part VI line 11	BOARD OF DIRECTORS REVIEW FORM 990 PRIOR TO FILING
O05	Conflict of interest policy compliance Part VI line 12c	ANNUAL REVIEW OF A WRITTEN STATEMENT
O06	CEO executive director top management comp Part VI line 15a	SALARY DATA IS GATHERED AND REVIEWED FROM OUTSIDE SOURCES AND BOARD OF DIRECTORS MAKE FINAL DECISION
O07	Other officer or key employee compensation Part VI line 15b	WAGE INFORMATION FROM A THIRD PARTY SURVEY
O08	Governing documents etc available to public Part VI line 19	DOCUMENTS ARE MADE AVAILABLE TO MEMBERS AND PUBLIC UPON REQUEST
O09	Audited by an independent accountant Part XII line 2b	ASSOCIATION9S FINANCIAL STATEMENTS ARE AUDITED ANNUALLY AS OF JULY 31.
O10	Explanation of other changes in net assets or fund balances Part XI line 9	OTHER CHANGES IN NET ASSETS INCLUDE CHANGES TO PATRONAGE CAPITAL CREDITS, CAPITAL CREDITS GAINS, AND OTHER COMPREHENSIVE INCOME.
O11	General explanation attachment	PAGE 7, PART VII, LINE 1A, COLUMN F-AMOUNTS INCLUDE ACTUARIAL CHANGES AND INCREASES IN DEFINED BENEFIT RETIREMENT PLAN REQUIRED TO BE REPORTED. PART IX, LINE 4, BENEFITS PAID TO OR FOR MEMBERS-THE COOPERATIVE ALLOCATED PATRONAGE CAPITAL CREDITS TO ITS MEMBERS IN THIS AMOUNT.