2013-05-07T15:28:50-05:00 2012-12-31 411562398 CARLSON HIGHLAND & CO LLP 11272 86TH AVE N SUITE B MAPLE GROVE MN 55369 990 2012-01-01 390539446 PIERCE-PEPIN COOPERATIVE SERVICES PIER 7152734355 W7725 HWY 10 ELLSWORTH WI 540110420 LARRY DOKKESTUL 7152734355 2013-04-23 1 MATT GUYER CPA P00386499 7634243818 2012 2016-03-07 17:11:31Z LARRY DOKKESTUL W7725 HWY 10 ELLSWORTH WI 540110420 17735371 0 X WWW.PIERCEPEPIN.COM X 1937 WI COOPERATIVE ELECTRIC UTILITY - SALES TO ITS MEMBERS 9 9 41 0 186587 -55684 0 0 16640373 16957767 80850 79301 190576 186587 16911799 17223655 0 0 1215200 1109138 434338 469267 0 0 0 15265036 15627041 16914574 17205446 -2775 18209 38761419 38776741 20814830 20315391 17946589 18461350 TO PROVIDE ELECTRICITY TO MEMBERS AND TO CONSTRUCT AND MAINTAIN ELECTRIC DISTRIBUTION LINES TO DELIVER ELECTRICITY TO MEMBERS. 0 0 PROVIDED ELECTICAL DISTRIBUTION TO OUR 6,990 MEMBER OWNERS USING OUR 1,309 MILES OF LINE WE MAINTAIN IN RURAL WISCONSIN. 0 0 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 1 36 0 41 1 1 1 0 0 0 0 0 0 17231068 694544 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 WI X X BRENT METCALF 7152732429 W7725 HWY 10 ELLSWORTH WI 54011 RONALD C JOHNSON 9.00 X X 15600 0 0 JEFFERY MCCARDLE 5.00 X X 9600 0 0 RICHARD RUEMMELE 3.00 X X 9996 0 0 ROGER WIFF 3.00 X 6400 0 0 LONNIE FEURHELM 11.00 X 9600 0 0 DANIEL FISCHER 7.00 X 8800 0 0 DAVID JOHNSON 4.00 X 6800 0 0 GLENN PETERSON 6.00 X 11480 0 0 JAMES HAUSCHILDT 10.00 X 7320 0 0 LARRY DOKKESTUL 40.00 X 163908 0 84985 BRENT METCALF 40.00 X 104670 0 30108 354174 0 115093 2 0 1 0 ZIELIE'S TREE SERVICE PO BOX 307 BRUCE WI 54819 RIGHT OF WAY MAINTENANCE 319084 MOLL'S UTILITY SERVICE 622 170TH STREET HAMMOND WI 54015 POWER LINE CONSTRUCTION 126073 2 ELECTRICAL REVENUE 221000 16383684 16383684 CAPITAL CREDITS 221000 566797 566797 POLE RENTAL 221000 7286 7286 16957767 77947 77947 1354 0 1354 1354 1354 698303 511716 186587 186587 17223655 16951835 186587 85233 1109138 469267 927562 1747800 PURCHASED POWER 9257796 MAINTENANCE 1157622 ADMINISTRATIVE AND GENE 1025792 OPERATIONS 841751 668718 17205446 334732 359233 1833767 1765831 958375 781902 580087 841981 41702879 15873999 25874312 25828880 2369246 2109652 5473560 5891994 1337340 1197268 38761419 38776741 983185 1001284 18358548 17989187 1473097 1324920 20814830 20315391 X 0 0 17781348 18555711 165241 -94361 17946589 18461350 38761419 38776741 X 18209 496552 X 0 1 X 1 0 106469 106469 41596410 15873999 25722411 25828880 PIERCE-PEPIN PROPANE SERVICES 2109652 C 2109652 NATIONAL RURAL UTILITIES COOPERATIVE - CERTIFICATE 561727 C OTHER INVESTMENTS 632349 C DAIRYLAND POWER COOPERATIVE 4571160 C FEDERATED RURAL ELECTRIC INSURANCE EXCHANGE 126758 C 5891994 CUSTOMER DEPOSITS 193610 ACCRUED VACATION & SICK LEAVE 544635 ACCRUED WAGES 85199 DEFERRED CREDITS 178362 OTHER LIABILITIES 45595 ACCRUED INTEREST 156747 INVESTMENT IN ELECTRONIC DEVELOPMENT CORP 120772 1324920 X 20663037 3491305 3491305 17171732 51922 51922 17223654 19795292 3750906 3750906 16044386 1161060 1161060 17205446 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/LIABILIITES 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: SUBSIDIARIES REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STMT 2,979,589. INVENTORY COST OF SALES 511,716. PART XI, LINE 4B - OTHER ADJUSTMENTS: INTEREST ELIMINATION 51,922. PART XII, LINE 2D - OTHER ADJUSTMENTS: INVENTORY COST OF SALES 511,716. SUBSIDIARIES EXPENSES INCLUDED IN CONSOLIDATED FINANCIAL STMT 3,239,190. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST ELIMINATION 51,922. CAPITAL CREDITS ALLOCATED TO PATRONS 1,109,138. X X X X X 0 0 0 LARRY DOKKESTUL 163908 0 0 0 0 0 63817 0 21168 0 248893 0 0 0 DEM FEDERATED CO-OP TRANSPORT LARRY DOKKESTUL IS A D.E.M. FEDERATED CO-OP TRANSPORT BOARD MEMBER 53046 HAULS PROPANE FOR PIERCE-PEPIN PROPANE 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS OF THE COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 7A THERE ARE NINE DISTRICTS. MEMBERS VOTE FOR DIRECTORS FROM EACH DISTRICT. A DIRECTOR MUST LIVE IN THE DISTRICT THAT THEY REPRESENT. THEY ARE ELECTED IN THREE YEAR, STAGGERED TERMS WITH THREE DIRECTORS UP FOR ELECTION EACH YEAR. THERE IS A 4 TERM LIMIT. FORM 990, PART VI, SECTION B, LINE 11 COPIES OF THE 990 ARE MADE AVAILABLE TO THE DIRECTORS BY A SECURED WEB SITE PRIOR TO BEING FILED. DIRECTOR INPUT IS THEN GATHERED AND CHANGES MADE BEFORE THE FINAL COPY IS ELECTRONICALLY SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE EMPLOYEES ARE REQUIRED TO COMPLETE A QUESTIONNAIRE THAT IS THEN REVIEWED BY THE HR DEPARTMENT. FORM 990, PART VI, SECTION B, LINE 15 PERIODICAL SALARY REVIEW BY OUTSIDE VENDOR. USE OF 990'S FILED BY COMPARABLE COMPANIES. THE COOPERATIVE ALSO SUBSCRIBES TO A SERVICE THAT PROVIDES SALARY DATA FOR COOPERATIVES IN THE ELECTRIC DISTRIBUTION INDUSTRY. FORM 990, PART VI, SECTION C, LINE 18 A COPY IS AVAILABLE AT THE COOPERATIVE'S OFFICE FOR REVIEW. PAPER COPIES CAN BE MADE FOR A NOMINAL FEE TO COVER THE COST OF PAPER AND TONER. THE FORM IS ALSO AVAILABLE ON GUIDESTAR.ORG FORM 990, PART VI, SECTION C, LINE 19 A COPY OF BOARD POLICIES ARE AVAILABLE AT THE COOPERATIVE'S OFFICE FOR REVIEW. PAPER COPIES CAN BE MADE FOR A NOMINAL FEE TO COVER THE COST OF PAPER AND TONER. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -352,984. SUBSIDIARIES LOSS -259,602. CAPITAL CREDITS ALLOCATED TO PATRONS 1,109,138. PIERCE-PEPIN ELECTRIC DEVELOPMENT CORPORATION PO BOX 420 ELLSWORTH WI 54011 752989679 HELP BUSINESSES THAT WILL STARTUP AND EXPAND IN THE TRADE AREA. WI 501(C)(4) PIERCE-PEPIN COOPERATIVE SERVICES 0 PIERCE-PEPIN PROPANE SERVICES INC W7725 HWY 10 PO BX 249 ELLSWORTH WI 54011 421565840 PROPANE WI PIERCE-PEPIN COOPERATIVE SERVICES C -259593 2109654 1.00000 0 1 1 0 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 PIERCE-PEPIN ELECTRIC DEVELOPMENT CORP A 8781 ACTUAL CASH PAID PIERCE-PEPIN ELECTRIC DEVELOPMENT CORP B 8781 ACTUAL CASH PAID PIERCE-PEPIN PROPANE SERVICES INC D 906192 ACTUAL BALANCE PIERCE-PEPIN PROPANE SERVICES INC M 255005 ALLOCATED EXPENSES PIERCE-PEPIN PROPANE SERVICES INC A 51922 ALLOCATED EXPENSES PIERCE-PEPIN PROPANE SERVICES INC J 9360 ALLOCATED EXPENSES PIERCE-PEPIN PROPANE SERVICES INC N 172543 ALLOCATED EXPENSES