2012-08-27T08:57:43-05:00 2011-12-31 450250958 EIDE BAILLY LLP 200 EAST 10TH STREET PO BOX 5125 SIOUX FALLS SD 571175125 990 2011-01-01 410128105 CONNEXUS ENERGY CONN 7633232600 14601 RAMSEY BOULEVARD RAMSEY MN 55303 MICHAEL BASH 7633232600 2012-08-22 1 LAURIE HANSON P00851848 6053391999 2012-08-22 2011 2016-02-24 21:20:13Z MIKE RAJALA 14601 RAMSEY BOULEVARD RAMSEY MN 55303 238907759 0 X WWW.CONNEXUSENERGY.COM X 1937 MN PROVIDING UTILITY SERVICES TO MEMBERS. 8 6 275 0 2107809 0 0 0 229879803 237703049 881728 631399 345146 340045 231106677 238674493 302687 274289 0 9839033 22655062 22834211 0 0 0 199595079 205726960 222552828 238674493 8553849 0 329637831 340989167 189068708 195466788 140569123 145522379 CONNEXUS ENERGY IS A LOCAL ELECTRIC COOPERATIVE PROVIDING HIGH QUALITY, COST COMPETITIVE, AND RELIABLE SERVICE THAT CONSISTENTLY DEMONSTRATES THE VALUE OF MEMBER OWNERSHIP. 0 0 CONNEXUS ENERGY PROVIDED UTILITY SERVICES TO APPROXIMATELY 126,000 CUSTOMERS IN SEVEN COUNTIES IN THE NORTH SUBURBAN AREA OF MINNEAPOLIS AND ST. PAUL, MN. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 143 0 1 275 1 1 1 0 0 0 0 230141794 5519110 0 X 8 6 1 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 1 0 X NANCY BASARA 7633232731 14601 RAMSEY BOULEVARD RAMSEY MN 55303 X PETER WOJCIECHOWSKI 22.00 X X 51534 0 0 JIM LEROUX 14.00 X X 46581 0 0 FRAN BATOR 15.00 X X 46805 0 0 KEN FIERECK 12.00 X X 46581 0 0 DERALD EWING 12.00 X 46581 0 0 DON JACOBSON 12.00 X 31021 0 0 DONALD HOLL 15.00 X 28581 0 18000 MARK ETHEN 12.00 X 46581 0 0 MICHAEL KERR 10.00 X 46581 0 0 MIKE RAJALA 40.00 X 582792 0 78862 MICHAEL BASH 40.00 X 377074 0 84780 MATT YSETH 40.00 X 291093 0 59461 JOHN GASAL 40.00 X 283225 0 81074 PETER MILLER 40.00 X 286442 0 49841 DON HALLER 40.00 X 220001 0 51329 TAMARA GREGORY 40.00 X 147755 0 46303 AL FERBER 40.00 X 176710 0 50332 NANCY BASARA 40.00 X 165230 0 39810 PAUL ORNDORFF 40.00 X 142123 0 44191 LARRY NELSON 40.00 X 141223 0 39489 3204514 0 643472 60 0 1 0 RP SCHROEDER CONSTRUCTION 18329 263RD AVE BIG LAKE MN 55309 CONSTRUCTION SERVICES 1008837 ASPLUNDH 708 BLAIR MILL ROAD WILLOW GROVE PA 190901784 TREE TRIMMING SERVICES 1001767 WRIGHT TREE SERVICE PO BOX 1718 DES MOINES IA 50306 TREE TRIMMING SERVICES 625857 CARR'S TREE SERVICE INC PO BOX 250 OTTERTAIL MN 56571 TREE TRIMMING SERVICES 614723 CENTRAL APPLICATORS INC PO BOX 279 FOLEY MN 56329 TREE TRIMMING SERVICES 364291 11 SALE OF ELECTRICITY 221000 227993578 227993578 GEN & TRANS CAP CREDIT 221000 6567066 6567066 UTILITY/RETAIL/FLEET 221000 2309043 200040 2109003 OTHER 221000 833362 833362 237703049 440584 -1194 441778 340045 0 340045 340045 340045 424081 233266 190815 190815 190815 238674493 235594046 2107809 972638 X 274289 9839033 2620246 15161464 2006240 1722657 1323604 191675 112161 362529 367907 1067113 1630547 644080 298772 34581 6830297 10484872 641216 COST OF POWER 171661750 PROP. & REAL ESTATE TAX 4171217 ELECTRIC OPERATIONS 3180638 CONTRACT LABOR 645503 3402102 238674493 1300 1300 26737 17083 29069102 29831517 225 270218 2531005 2369179 665571 944780 296255982 103340878 193360643 192915104 9786141 9591366 82329578 89265269 0 0 11597311 16053569 329637831 340989167 16409163 17177938 128489871 125842811 5337000 10899000 38832674 41547039 189068708 195466788 X 0 0 0 0 140569123 145522379 140569123 145522379 329637831 340989167 X 0 4953256 X 0 1 1 X 0 1930735 1930735 14252648 4490843 9761805 280072599 98850035 181222564 192915104 GREAT RIVER ENERGY 85390266 C OTHER ASSOCIATED ORGANIZATIONS 3875003 C 89265269 CUSTOMER DEPOSITS 870512 DEFERRED CREDITS 3278561 PAYABLE TO GREAT RIVER ENERGY 25048892 UNFUNDED PENSION LIABILITY 10386050 OTHER LIABILITIES 865104 DEFERRED COMP 1097920 41547039 238674493 238674493 0 4953256 4953256 4953256 238674493 0 238674493 0 238674493 228835461 0 228835461 9839033 9839033 238674494 PART XI, LINE 8 - OTHER ADJUSTMENTS: ALLOCATION OF 2011 MARGINS TO MEMBERS IN 2012 9,839,033. CAPITAL CREDITS RETIRED -5,142,603. APPROPRIATED MARGIN 256,826. TOTAL TO SCHEDULE D, PART XI, LINE 8: 4,953,256. PART XIII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATION OF 2011 MARGINS TO MEMBERS IN 2012 9,839,033. 1 ANOKA TECHNICAL COLLEGE FOUNDATION 1355 WEST HWY 10 ANOKA MN 55303 416008267 501(C)(3) 11000 DONATION TO FOUNDATION. - GENERAL INITIATIVE FOUNDATION 405 FIRST ST SE LITTLE FALLS MN 56345 363451562 501(C)(3) 10000 DONATION TO FOUNDATION. - GENERAL MERCYUNITY HOSPITAL FOUNDATION 550 OSBORNE RD FRIDLEY MN 55432 363261413 501(C)(3) 10025 DONATION TO FOUNDATION. - GENERAL UNITED WAY OF MPLS AREA 404 S 8TH STREET MINNEAPOLIS MN 55404 410693852 501(C)(3) 19283 MATCH EMPLOYEE CONTRIBUTIONS NATIONAL SPORTS CENTER 1700 105TH AVENUE NE BLAINE MN 55449 411646516 501(C)(3) 80000 OTHER IN-KIND ELECTRICITY GENERAL DONATION ANOKA COUNTY DEPARTMENT OF PARKS AND RECREATION 550 BUNKER LAKE BLVD ANDOVER MN 55304 416005752 25000 WILDLIFE OUTREACH AND HERITAGE LAB FUNDING RACHEL'S CHALLENGE PO BOX 631698 LITTLETON CO 80163 841557094 501(C)(3) 12385 GENERAL DONATION ACBC FOODSHELF 2615 9TH AVE N ANOKE MN 55303 510155191 501(C)(3) 15000 PURCHASE REFRIGERATION EQUIPMENT ANOKA RAMSEY COMMUNITY COLLEGE FOUNDATION 11200 MISSISSIPPI BLVD COON RAPIDS MN 55433 411574797 501(C)(3) 5000 SCHOLARSHIP 9 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE TOTAL AMOUNT OF CONTRIBUTIONS PLANNED FOR A YEAR IS APPROVED BY THE BOARD AS A PART OF OUR ANNUAL PROFIT PLANNING PROCESS. INDIVIDUAL CONTRIBUTIONS ARE APPROVED AND SUBSTANTIATED FOLLOWING OUR NORMAL PAYMENT APPROVAL PROCESS. 1 X X X X 0 1 0 MIKE RAJALA 389844 0 173149 0 19799 0 60934 0 17928 0 661654 0 0 0 MICHAEL BASH 276038 0 80610 0 20426 0 65400 0 19379 0 461853 0 0 0 MATT YSETH 209895 0 61792 0 19406 0 39832 0 19629 0 350554 0 0 0 JOHN GASAL 203664 0 59889 0 19672 0 64357 0 16717 0 364299 0 0 0 PETER MILLER 206648 0 60651 0 19143 0 32584 0 17256 0 336282 0 0 0 DON HALLER 160391 0 46661 0 12949 0 32020 0 19309 0 271330 0 0 0 TAMARA GREGORY 114568 0 18828 0 14359 0 23023 0 23279 0 194057 0 0 0 AL FERBER 151415 0 23091 0 2204 0 34860 0 15472 0 227042 0 0 0 NANCY BASARA 142472 0 21323 0 1435 0 21231 0 18579 0 205040 0 0 0 PAUL ORNDORFF 122062 0 18278 0 1783 0 25212 0 18979 0 186314 0 0 0 LARRY NELSON 120347 0 19447 0 1429 0 30868 0 8621 0 180712 0 0 0 PART I, LINE 4B THE FOLLOWING OFFICERS, DIRECTORS, AND HIGHEST COMPENSATED EMPLOYEES PARTICIPATED IN A NON-QUALIFIED DEFERRED COMPENSATION PLAN: INVESTMENT GAINS/(LOSSES) IN COLUMN C MICHAEL RAJALA $ 4,026 MICHAEL BASH 1,867 MATTHEW YSETH - 1,080 PETE MILLER - 2,764 JOHN GASAL 980 KENNETH FIERECK 964 DON HOLL - 93 TAMARA GREGORY - 49 FEDAC MIKE RAJALA - DIRECTOR OF FEDAC AND CARR'S TREE AND CEO OF CONNEXUS ENERGY 614723 CARR'S TREE SERVICE PROVIDES TREE TRIMMING SERVICES TO THE COOPERATIVE. FEDAC IS THE 100% OWNER OF CARR'S TREE SERVICE. 0 GREAT RIVER ENERGY DON HOLL IS A DIRECTOR FOR GREAT RIVER ENERGY AND CONNEXUS ENERGY 171875757 CONNEXUS ENERGY PURCHASES POWER FROM GREAT RIVER ENERGY AND IS A MEMBER 0 GREAT RIVER ENERGY JIM LEROUX IS A DIRECTOR FOR GREAT RIVER ENERGY AND CONNEXUS ENERGY 171875757 CONNEXUS ENERGY PURCHASES POWER FROM GREAT RIVER ENERGY AND IS A MEMBER 0 FORM 990, PART VI, SECTION A, LINE 2 DON HOLL AND JIM LEROUX HAVE A BUSINESS RELATIONSHIP AS THEY BOTH REPRESENT CONNEXUS ENERGY ON THE GREAT RIVER ENERGY BOARD. GREAT RIVER ENERGY IS OUR POWER SUPPLIER AND CONNEXUS ENERGY, AS ONE OF ITS MEMBERS, OWNS APPROXIMATELY 20% OF GRE. FORM 990, PART VI, SECTION A, LINE 6 CUSTOMERS WHO PURCHASE ELECTRICITY FROM THE ORGANIZATION ARE MEMBERS OF THE COOPERATIVE. THERE IS ONLY ONE MEMBER CLASS. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER HAS ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS MAY SELL THE PROPERTY OF THE COOPERATIVE UPON SUCH TERMS AND CONDITIONS AS IT DEEMS APPROPRIATE AND IN THE BEST INTEREST OF THE COOPERATIVE. NO SALE OF MORE THAN TWENTY-FIVE (25%) PERCENT OF THE PROPERTY OF THE COOPERATIVE SHALL BE EFFECTIVE, HOWEVER, UNLESS AUTHORIZED AT A REGULAR OR SPECIAL MEETING BY THE AFFIRMATIVE VOTE OF TWO-THIRDS (2/3) OF THE TOTAL NUMBER OF MEMBERS OF THE COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES ARE AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE 990 INFORMATION RETURN IS MAILED TO BOARD MEMBERS A WEEK BEFORE THE BOARD MEETING. IT IS REVIEWED WITH THE ENTIRE BOARD OF DIRECTORS AND SENIOR STAFF AT THE BOARD MEETING, PRIOR TO ISSUANCE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ARE COVERED BY THE CONFLICT OF INTEREST POLICY. ANNUALLY, BOARD MEMBERS SIGN A CERTIFICATION THAT THEY MEET THE QUALIFICATIONS OF A BOARD MEMBER. THIS CERTIFICATION INCLUDES CONFLICT OF INTEREST LANGUAGE. IF A BOARD MEMBER STATES ON THE CERTIFICATION THAT THERE IS A CONFLICT, THE ENTIRE BOARD WILL REVIEW THE CONFLICT AT THAT TIME. RESTRICTIONS IMPOSED ON A PERSON WITH A CONFLICT WOULD BE DEPENDENT UPON THE SPECIFIC SITUATION, AND MAY INCLUDE ABSTAINING FROM DISCUSSIONS AND VOTING AND/OR A REQUEST FOR RESIGNATION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS BASED ON MARKET DATA FOR SIMILAR POSITIONS AT COMPARABLE COMPANIES. A MARKET STUDY WAS COMPLETED IN 2011 FOR THE CEO AND 2009 FOR OTHER COOPERATIVE OFFICERS. THE BOARD REVIEWS AND APPROVES THE COMPENSATION FOR THE CEO ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS FOR THE PREVIOUS 5 YEARS ARE AVAILABLE ON OUR WEBSITE. ALL OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VII, COLUMN F, OTHER COMPENSATION: INCLUDED IN OTHER COMPENSATION IS THE ESTIMATED CURRENT YEAR INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN FOR THE EMPLOYEES OF THE COOPERATIVE. THE CURRENT YEAR INCREASE OR DECREASE DOES NOT REPRESENT CURRENT YEAR CONTRIBUTIONS TO THE PLAN. RATHER, IT IS AN ESTIMATE OF THE INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE PLAN AS CALCULATED BY THE PLAN ACTUARY. FORM 990, PART IX, LINE 4, BENEFITS PAID TO OR FOR MEMBERS: THE COOPERATIVE HAS INTERPRETED THE INSTRUCTIONS TO PART IX, LINE 4, TO MEAN PATRONAGE CAPITAL ALLOCATED FOR THE YEAR, RATHER THAN PATRONAGE CAPITAL RETIRED. THIS IS CONSISTENT WITH THE BY-LAWS OF THE COOPERATIVE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: ALLOCATION OF 2011 MARGINS TO MEMBERS IN 2012 9,839,033. CAPITAL CREDITS RETIRED -5,142,603. APPROPRIATED MARGIN 256,826. TOTAL TO FORM 990, PART XI, LINE 5: 4,953,256.