GLACIER ELECTRIC COOPERATIVE INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- GLACIER ELECTRIC COOPERATIVE INC (EIN 81-0218082)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-14
- IRS object ID
- 201222279349301507
- Schema version
- 2011v1.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-14T10:22:15-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810446334 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DOUGLAS WILSON & COMPANY PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FIRST AVENUE SOUTH | AddressLine1 |
| City | GREAT FALLS | City |
| State | MT | State |
| ZIP Code | 59401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810218082 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GLACIER ELECTRIC COOPERATIVE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GLAC | NameControl |
| Phone | 4068735566 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 410 E MAIN ST | AddressLine1 |
| City | CUT BANK | City |
| State | MT | State |
| ZIP Code | 594272090 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JASON BRONEC | Name |
| Title | GENERAL MANAGER | Title |
| Phone | 4068735566 | Phone |
| Date Signed | 2012-08-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RANDAL J BOYSUN | Name |
| PTIN | P00039907 | PTIN |
| Phone | 4067614645 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JASON BRONEC | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 410 E MAIN ST | AddressLine1 |
| City | CUT BANK | City |
| State | MT | State |
| ZIP Code | 59427 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 14482382 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.GLACIERELECTRIC.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1945 | YearFormation |
| State Legal Domicile | MT | StateLegalDomicile |
| Activity Or Mission Description | RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL SERVICES AND UTILITIES TO MEMBERS AND PATRONS | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 47 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 13549283 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 14270252 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 69383 | InvestmentIncomePriorYear |
| Investment Income Current Year | 67894 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 187715 | OtherRevenuePriorYear |
| Other Revenue Current Year | 144236 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 13806381 | TotalRevenuePriorYear |
| Total Revenue Current Year | 14482382 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 1769674 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 1131897 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2872704 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2770043 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 9164003 | OtherExpensePriorYear |
| Other Expenses Current Year | 9936047 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 13806381 | TotalExpensesPriorYear |
| Total Expenses Current Year | 13837987 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 0 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 644395 | RevenuesLessExpensesCY |
| Total Assets BOY | 36038773 | TotalAssetsBOY |
| Total Assets EOY | 37134871 | TotalAssetsEOY |
| Total Liabilities BOY | 19336186 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 19861990 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 16702587 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 17272881 | NetAssetsOrFundBalancesEOY |
| Mission Description | TRANSMISSION AND DISTRIBUTION OF ELECTRICITY TO ITS MEMBERS, PRIMARILY SERVING GLACIER COUNTY, MT | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 10095632 | Expense |
| Description | RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL SERVICES AND UTILITIES TO MEMBERS AND PATRONS LOCATED IN NORTHERN PORTION OF MONTANA | Description |
| Total Program Service Expense | 10095632 | TotalProgramServiceExpense |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 36 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 47 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Gross Income From Members | 14414488 | GrossIncomeFromMembers |
| Gross Income Other Sources | 254051 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JASEN BRONEC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4068735566 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 410 E MAIN ST | AddressLine1 |
| City | CUT BANK | City |
| State | MT | State |
| ZIP Code | 59427 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (10 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| BRIAN ELLIOTT | ||||||
| TRUSTEE | 6.40 | X | 9250 | 0 | 243 | |
| DAVE LOSING | ||||||
| TRUSTEE | 2.40 | X | 6150 | 0 | 462 | |
| DARROL BERKRAM | ||||||
| TRUSTEE | 1.90 | X | 6900 | 0 | 462 | |
| JAMES NEWMAN | ||||||
| TRUSTEE | 6.10 | X | 8600 | 0 | 208 | |
| WILLARD HJARTARSON | ||||||
| TRUSTEE | 2.00 | X | 5700 | 0 | 462 | |
| ZITA BREMNER | ||||||
| TRUSTEE | 2.00 | X | 5550 | 0 | 0 | |
| LEE HOLDEN | ||||||
| SECRETARY/TREASURER | 2.00 | 7350 | 0 | 208 | X | |
| BRUCE BRADLEY | ||||||
| VICE PRESIDENT | 5.90 | 8550 | 0 | 462 | X | |
| MILES LEWIS | ||||||
| PRESIDENT | 7.00 | 9250 | 0 | 462 | X | |
| JASEN BRONEC | ||||||
| MANAGER | 40.00 | 150706 | 0 | 77774 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 218006 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 80743 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| OUTBACK POWER COMPANY | |||||
| PO BOX 358 | GREAT FALLS | MT | 59403 | LINE CONST/MAINT | 527807 |
| ASPEN FORESTRY INC | |||||
| 745 CAPISTRANO DRIVE | KALISPELL | MT | 59901 | RIGHT OF WAY CLEARING | 130588 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SALE OF UTILITY SERVIC | Description |
| Business Code | 221000 | BusinessCode |
| Total Revenue Column | 14270252 | TotalRevenueColumn |
| Related Or Exempt Function Income | 14270252 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 14270252 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 67894 | TotalRevenueColumn |
| Related Or Exempt Function Income | 67894 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| CAPITAL CREDITS | 221000 | 117195 | 117195 |
| OTHER NON-OPERATING IN | 221000 | 27041 | 27041 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 144236 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14482382 | TotalRevenueColumn |
| Related Or Exempt Function Income | 14482382 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1131897 | Total |
| Program Services | 1131897 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 198006 | Total |
| Management And General | 198006 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1440822 | Total |
| Management And General | 1440822 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 468527 | Total |
| Management And General | 468527 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 456117 | Total |
| Management And General | 456117 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 206571 | Total |
| Management And General | 206571 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 84844 | Total |
| Management And General | 84844 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 835299 | Total |
| Program Services | 835299 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1642700 | Total |
| Program Services | 1642700 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82466 | Total |
| Management And General | 82466 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| COST OF POWER | 4897608 | 4897608 | |
| DISTRIBUTION EXPENSE | 803249 | 803249 | |
| TAXES | 558507 | 558507 | |
| OUTSIDE SERVICES | 194262 | 194262 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 837112 | Total |
| Program Services | 226372 | ProgramServices |
| Management And General | 610740 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13837987 | Total |
| Program Services | 10095632 | ProgramServices |
| Management And General | 3742355 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 563703 | BOY |
| EOY | 1012895 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1401327 | BOY |
| EOY | 1355323 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 611046 | BOY |
| EOY | 539696 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76667 | BOY |
| EOY | 18363 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 56425725 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 23987742 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31646140 | BOY |
| EOY | 32437983 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1682284 | BOY |
| EOY | 1679371 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57606 | BOY |
| EOY | 91240 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36038773 | BOY |
| EOY | 37134871 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1477385 | BOY |
| EOY | 1592058 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24078 | BOY |
| EOY | 30105 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16177689 | BOY |
| EOY | 16499051 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1657034 | BOY |
| EOY | 1740776 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19336186 | BOY |
| EOY | 19861990 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17028167 | BOY |
| EOY | 17808714 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11065 | BOY |
| EOY | 11065 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -336645 | BOY |
| EOY | -546898 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16702587 | BOY |
| EOY | 17272881 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36038773 | BOY |
| EOY | 37134871 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 644395 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -74101 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2226890 | OtherCostOrOtherBasis |
| Depreciation | 22260078 | Depreciation |
| Book Value | -20033188 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 54198835 | OtherCostOrOtherBasis |
| Depreciation | 1727664 | Depreciation |
| Book Value | 52471171 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 32437983 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CUSTOMER DEPOSITS | $299,055 |
| ADVANCES | $128,831 |
| OTHER DEFERRED CREDITS | $802,586 |
| OTHER LIABILITIES & ACCRUALS | $510,304 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1740776 | TotalOfAmounts |
| Total Revenue | 14482382 | TotalRevenue |
| Total Expenses | 13837987 | TotalExpenses |
| Excess Or Deficit For Year | 644395 | ExcessOrDeficitForYear |
| Other | -$74,101 | OtherAmount |
| Total Adjustments | -74101 | TotalAdjustments |
| Excess Or Deficit Per FS | 570294 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 14482382 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 14482382 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 14482382 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 12706090 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 12706090 | ExpensesSubtotal |
| Other Expenses Not Included | 1131897 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1131897 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 13837987 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN SUBSIDIARY RETAINED EARNINGS ($468,683) -468,683. RETIREMENT OF CAPITAL CREDITS ($744,495) -744,495. INCREASE IN MEMBERSHIPS FROM PRIOR YEAR $1,660 1,660. ALLOCATION OF 2011 NET MARGINS 1,776,292. CHANGE IN OTHER EQUITIES $5,520 5,520. LOSSES NOT ALLOCATED -644,395. TOTAL TO SCHEDULE D, PART XI, LINE 8: -74,101. |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | ALLOCATION OF 2011 NET MARGINS 1,131,897. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JASEN BRONEC | NamePerson |
| Base Compensation Filing Org | 130706 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 20000 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 77774 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 228480 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DAVE LOSING | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | TRUSTEE OF GLACIER ELECTRIC AND OWNS CUT BANK TIRE | Relationship |
| Amount Of Transaction | 19896 | AmountOfTransaction |
| Description Of Transaction | PROVIDES TIRE SERVICES AND SUPPLIES | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | GLACIER ELECTRIC COOPERATIVE IS A MEMBERSHIP ORGANIZATION WHOSE MEMBERS HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS AND RECEIVE CAPITAL CREDITS FROM THE ORGANIZATION. | |
| FORM 990, PART VI, SECTION A, LINE 7A | A COMMITTEE NOMINATES MEMBERS FOR EACH SEAT ON THE BOARD OF DIRECTORS. AT THE ANNUAL MEETING, A VOTE OF THE ENTIRE MEMBERSHIP IS TAKEN TO APPROVE OR AMEND THE NOMINATIONS. | |
| FORM 990, PART VI, SECTION A, LINE 7B | CHANGES TO ORGANIZATIONAL BY-LAWS AND SELLING A SUBSTANTIAL PORTION OF PROPERTY REQUIRES MEMBER APPROVAL. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 WAS PREPARED BY THE ORGANIZATION'S INDEPENDENT CPA, REVIEWED BY MANAGEMENT FOR ANY CORRECTIONS, AND PRESENTED TO THE BOARD FOR THEIR REVIEW AND QUESTIONS. AFTER THE BOARD REVIEWED, ALL BOARD MEMBERS WERE POLLED FOR THEIR APPROVAL OF FORM 990. | |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICIES ARE REVIEWED ANNUALLY BY ALL MEMBERS OF THE BOARD. MANAGEMENT MONITORS THROUGHOUT THE YEAR. | |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION OF THE GENERAL MANAGER IS DETERMINED BY A COMMITTEE OF THE BOARD OF DIRECTORS AND APPROVED BY THE FULL BOARD. COMPARABLE DATA FROM OTHER COOPERATIVES AND PERFORMANCE REVIEWS ARE EVALUATED AS WELL. | |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL PUBLIC COOPERATIVE DOCUMENTS MAY BE REQUESTED FROM THE COOPERATIVE OFFICE DURING NORMAL BUSINESS HOURS. | |
| FORM 990, PAGE 10, PART IX, LINE 4 | THIS LINE ITEM INCLUDES PATRONAGE TO BE ALLOCATED TO MEMBERS IN 2012 FOR THE 2011 TOTAL NET MEARGINS. INCLUDING THESE DIVIDENDS REDUCES NET MARGINS TO $0 FOR THE FORM 990 WHICH IS NOT IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WHICH INCLUDES THESE PATRONAGE DIVIDENDS AS CHANGES IN NET ASSETS ON THE 2012 FINANCIAL STATEMENTS. A RECONCILIATION TO THE AUDITED FINANCIAL STATEMENTS IS INCLUDED IN SCHEDULE D. COMPARATIVE INFORMATION ON PAGE 1 OF THE FORM 990 HAS BEEN ADJUSTED BASED ON THE NEW INSTRUCTIONS FOR "BENEFITS PAID TO/FOR MEMBERS" WHICH WILL DIFFER FROM THE INFORMATION PRESENTED ON THE 2010 FORM 990 FILED WITH THE IRS. | BENEFITS PAID TO/FOR MEMBERS |
| FORM 990, PART XI, LINE 5: | CHANGE IN SUBSIDIARY RETAINED EARNINGS ($468,683) -468,683. RETIREMENT OF CAPITAL CREDITS ($744,495) -744,495. INCREASE IN MEMBERSHIPS FROM PRIOR YEAR $1,660 1,660. ALLOCATION OF 2011 NET MARGINS 1,776,292. CHANGE IN OTHER EQUITIES $5,520 5,520. LOSSES NOT ALLOCATED -644,395. TOTAL TO FORM 990, PART XI, LINE 5: -74,101. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PAGE 12, PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. | OVERSIGHT OF AUDIT BY BOARD OF DIRECTORS |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GLOBAL NET INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 421 WEST GRIFFIN DRIVE | AddressLine1 |
| City | BOZEMAN | City |
| State | MT | State |
| ZIP Code | 59715 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810431874 | EIN |
| Primary Activity | INTERNET SERVICE | PrimaryActivity |
| Legal Domicile State | MT | LegalDomicileState |
| Type Of Entity | C | TypeOfEntity |
| Percentage Ownership | 0.60000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 1 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |