YELLOWSTONE VALLEY ELECTRIC COOPERATIVE INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- YELLOWSTONE VALLEY ELECTRIC COOPERATIVE INC (EIN 81-0211565)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-05-07
- IRS object ID
- 201241289349301814
- 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 | 2012-05-07T16:52:46-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810386935 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUMMERS MCNEA & CO PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 80 25TH STREET WEST | AddressLine1 |
| City | BILLINGS | City |
| State | MT | State |
| ZIP Code | 591024662 | 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 | 810211565 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | YELLOWSTONE VALLEY ELECTRIC COOPERATIVE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | YELL | NameControl |
| Phone | 4063483411 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 249 | AddressLine1 |
| City | HUNTLEY | City |
| State | MT | State |
| ZIP Code | 590370249 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAN SWARTZ | Name |
| Title | PRESIDENT | Title |
| Phone | 4063483411 | Phone |
| Date Signed | 2012-04-25 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD A MATUSIAK | Name |
| PTIN | P00524085 | PTIN |
| Phone | 4066522320 | Phone |
| Date Prepared | 2012-04-25 | DatePrepared |
| 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 | BRANDON WITTMAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 COOPERATIVE WAY | AddressLine1 |
| City | HUNTLEY | City |
| State | MT | State |
| ZIP Code | 59034 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 30327067 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | YVEC.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1937 | YearFormation |
| State Legal Domicile | MT | StateLegalDomicile |
| Activity Or Mission Description | YELLOWSTONE VALLEY ELECTRIC COOPERATIVE, INC. OPERATES AS AN RURAL ELECTRIC UTILITY ON A NON PROFIT BASIS BY PROVIDING ELECTRICAL POWER AND UTILITY SERVICES TO ITS MEMBERS AND PATRONS LOCATED IN THE CENTRAL PORTION OF MONTANA. THE COOPERATIVE IS EXEMPT UNDER SECTION 501 (C) (12) | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 53 | 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 | 27181156 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 29803675 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 62145 | InvestmentIncomePriorYear |
| Investment Income Current Year | 92621 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 372211 | OtherRevenuePriorYear |
| Other Revenue Current Year | 430771 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 27615512 | TotalRevenuePriorYear |
| Total Revenue Current Year | 30327067 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 582309 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 793025 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 845394 | 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 | 24924512 | OtherExpensePriorYear |
| Other Expenses Current Year | 27911869 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 25717537 | TotalExpensesPriorYear |
| Total Expenses Current Year | 29339572 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1897975 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 987495 | RevenuesLessExpensesCY |
| Total Assets BOY | 60479496 | TotalAssetsBOY |
| Total Assets EOY | 62836515 | TotalAssetsEOY |
| Total Liabilities BOY | 43969533 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 45336017 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 16509963 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 17500498 | NetAssetsOrFundBalancesEOY |
| Mission Description | RURAL ELECTRIC COOPERATIVE ESTABLISHED TO PROVIDE ELECTRICAL POWER AND SERVICES TO ITS MEMBERS LOCATED IN THE CENTRAL PORTION OF MONTANA. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 27127182 | Expense |
| Revenue | 30103121 | Revenue |
| Description | COOPERATIVE RESOURCES AND ACTIVITIES ARE RELATED TO PROVIDING ELECTRICAL POWER AND SERVICES TO APPROXIMATELY 13,377 MEMBERS AND PATRONS LOCATED IN THE CENTRAL PORTION OF THE STATE OF MONTANA. | Description |
| Total Program Service Expense | 27127182 | TotalProgramServiceExpense |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| 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 | 1 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | 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 | 0 | 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 | 0 | 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 | 23 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 53 | 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 |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Gross Income From Members | 30899775 | GrossIncomeFromMembers |
| Gross Income Other Sources | 299446 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | 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 | 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 | 0 | 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 | TRISH RUGG | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4063483411 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 COOPERATIVE WAY | AddressLine1 |
| City | HUNTLEY | City |
| State | MT | State |
| ZIP Code | 59037 | 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 | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|
| DAVE KELSEY | |||||||
| DIRECTOR | 16.00 | X | 31100 | 0 | 0 | ||
| DANIEL R SWARTZ | |||||||
| PRESIDENT | 4.00 | X | 18500 | 0 | 0 | X | |
| RICHARD A WELDON | |||||||
| SECRETARY-TREASURER | 4.00 | X | 13476 | 0 | 0 | X | |
| MARLENE AMEN | |||||||
| ASST SECRETARY-TREASURER | 8.00 | X | 14164 | 0 | 0 | X | |
| JWILLIAM KELLER | |||||||
| DIRECTOR | 4.00 | X | 11503 | 0 | 0 | ||
| LARRY KAUFMAN | |||||||
| VICE PRESIDENT | 4.00 | X | 11356 | 0 | 0 | X | |
| RONALD OHLIN | |||||||
| DIRECTOR | 6.00 | X | 16023 | 0 | 0 | ||
| BRANDON J WITTMAN | |||||||
| ASST GENERAL MANAGER | 40.00 | 132139 | 0 | 53549 | X | ||
| TRISH CASTILLO RUGG | |||||||
| CONTROLLER | 40.00 | 61972 | 0 | 27204 | X | ||
| TERRY HOLZER | |||||||
| GENERAL MANAGER | 40.00 | 154709 | 0 | 19633 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 464942 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 100386 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ALTEC INDUSTRIES | |||||
| PO BOX 8688 | KALISPELL | MT | 59904 | GENERAL PLANT BUCKET TRUCK | 242461 |
| NISC | |||||
| PO BOX 1147 | MANDAN | ND | 58554 | GENERAL AND MONTHLY COMPUTER SEVICES | 189959 |
| B&B TELECABLE INC | |||||
| PO BOX 21298 | BILLINGS | MT | 59104 | PLANT CONSTRUCTION | 161375 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | UTILITIES & SERVICES | Description |
| Business Code | 221000 | BusinessCode |
| Total Revenue Column | 29803675 | TotalRevenueColumn |
| Related Or Exempt Function Income | 29803675 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 29803675 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 92621 | TotalRevenueColumn |
| Related Or Exempt Function Income | 92621 | RelatedOrExemptFunctionIncome |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 57820 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 57820 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 57820 | TotalRevenueColumn |
| Exclusion | $57,820 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| CAPITAL CREDITS ALLOC | 221000 | 203807 | 203807 | |
| WAPA WHEELING CREDIT | 221000 | 166126 | $166,126 | |
| MECHANDISING | 221000 | 3018 | 3018 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 372951 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 30327067 | TotalRevenueColumn |
| Related Or Exempt Function Income | 30103121 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $223,946 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 582309 | Total |
| Program Services | 582309 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 565328 | Total |
| Management And General | 565328 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 275321 | Total |
| Management And General | 275321 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4745 | Total |
| Management And General | 4745 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 276252 | Total |
| Management And General | 276252 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12900 | Total |
| Management And General | 12900 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2410 | Total |
| Management And General | 2410 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88160 | Total |
| Management And General | 88160 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43140 | Total |
| Management And General | 43140 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2182200 | Total |
| Program Services | 2139700 | ProgramServices |
| Management And General | 42500 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1822882 | Total |
| Program Services | 1657182 | ProgramServices |
| Management And General | 165700 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21922 | Total |
| Management And General | 21922 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| COST OF POWER | 18156342 | 18156342 |
| DISTRIBUTION OPERATIONS | 2454758 | 2454758 |
| DISTRIBUTION MAINTENANC | 991781 | 991781 |
| CONSUMER ACCOUNTS | 686845 | 686845 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1172277 | Total |
| Program Services | 458265 | ProgramServices |
| Management And General | 714012 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29339572 | Total |
| Program Services | 27127182 | ProgramServices |
| Management And General | 2212390 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 108099 | BOY |
| EOY | 67367 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 473268 | BOY |
| EOY | 1788213 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2187102 | BOY |
| EOY | 2189965 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1298761 | BOY |
| EOY | 1303563 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 558183 | BOY |
| EOY | 560028 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38650 | BOY |
| EOY | 4 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 71213093 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 21940983 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48255758 | BOY |
| EOY | 49272110 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 142662 | BOY |
| EOY | 130776 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7260423 | BOY |
| EOY | 7383441 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 156590 | BOY |
| EOY | 141048 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60479496 | BOY |
| EOY | 62836515 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3114204 | BOY |
| EOY | 3019283 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40147268 | BOY |
| EOY | 41568130 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 708061 | BOY |
| EOY | 748604 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43969533 | BOY |
| EOY | 45336017 | 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 | 139000 | BOY |
| EOY | 142040 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37732 | BOY |
| EOY | 37732 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16333231 | BOY |
| EOY | 17320726 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16509963 | BOY |
| EOY | 17500498 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60479496 | BOY |
| EOY | 62836515 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 987495 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 3040 | 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 Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 515866 | OtherCostOrOtherBasis |
| Book Value | 515866 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2652072 | OtherCostOrOtherBasis |
| Depreciation | 417372 | Depreciation |
| Book Value | 2234700 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4466763 | OtherCostOrOtherBasis |
| Depreciation | 4036853 | Depreciation |
| Book Value | 429910 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 63578392 | OtherCostOrOtherBasis |
| Depreciation | 17486758 | Depreciation |
| Book Value | 46091634 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 49272110 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| CFC TERM CERTIFICATES | 638446 | C |
| CFC & FEDERATED PATRONAGE ALLOCATION | 338177 | C |
| SOUTHERN MONTANA PATRONAGE & CAPITAL INVESTMENT | 6027334 | C |
| INVESTMENTS IN ASSOCIATED ORGANIZATIONS | 32711 | C |
| CO BANK PATRONAGE ALLOCATION | 305196 | C |
| NISC PATRONAGE ALLOCATION | 41577 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 7383441 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CONSUMER DEPOSITS | $188,195 |
| CONSUMER ENERGY PREPAYMENTS | $133,444 |
| OTHER SPECIAL FUNDS | $2,221 |
| CAPITAL CREDIT PAYABLE | $318,848 |
| OBLIGATIONS UNDER CAPITAL LEASES | $105,896 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 748604 | TotalOfAmounts |
| Total Revenue | 30327067 | TotalRevenue |
| Total Expenses | 29339572 | TotalExpenses |
| Excess Or Deficit For Year | 987495 | ExcessOrDeficitForYear |
| Other | $3,040 | OtherAmount |
| Total Adjustments | 3040 | TotalAdjustments |
| Excess Or Deficit Per FS | 990535 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 31423167 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 1096100 | OtherRevenues |
| Revenue Not Rptd F990 | 1096100 | RevenueNotRptdF990 |
| Revenue Subtotal | 30327067 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 30327067 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 28757263 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 28757263 | ExpensesSubtotal |
| Other Expenses Not Included | 582309 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 582309 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 29339572 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THERE ARE NO UNCERTAIN TAX POSITIONS EXISTING AT DECEMBER 31, 2011. . |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | INCREASE IN MEMBERSHIP DEPOSIT 3,040. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | CONTRIBUTIONS IN AID OF CONSTRUCTION RECEIVED FROM MEMBERS | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | CAPITAL CREDITS PAID TO MEMBERS | |
| PART VI-LINE 1E-OTHER PROPERTY- INCLUDES TRANSMISSION POLES, WIRE AND STATION EQUIPMENT TOTALING $8,230,929; DISTRIBUTION PLANT OF POLES, WIRES, STATION EQUIPMENT, METERS AND TRANSFORMERS TOTALING $53,750,190;INTANGIBLE PLANT $292,372 AND CONSTRUCTION WORK IN PROGRESS TOTALING $1,304,901. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Survey | X | CompensationSurvey |
| 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 (10 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVE KELSEY | |||||||||||||
| 31100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31100 | 0 | 0 | 0 |
| DANIEL R SWARTZ | |||||||||||||
| 18500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18500 | 0 | 0 | 0 |
| RICHARD A WELDON | |||||||||||||
| 13476 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13476 | 0 | 0 | 0 |
| MARLENE AMEN | |||||||||||||
| 14164 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14164 | 0 | 0 | 0 |
| JWILLIAM KELLER | |||||||||||||
| 11503 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11503 | 0 | 0 | 0 |
| LARRY KAUFMAN | |||||||||||||
| 11356 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11356 | 0 | 0 | 0 |
| RONALD OHLIN | |||||||||||||
| 16023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16023 | 0 | 0 | 0 |
| BRANDON J WITTMAN | |||||||||||||
| 132139 | 0 | 0 | 0 | 0 | 0 | 38496 | 0 | 15053 | 0 | 185688 | 0 | 0 | 0 |
| TRISH CASTILLO RUGG | |||||||||||||
| 61972 | 0 | 0 | 0 | 0 | 0 | 20548 | 0 | 6656 | 0 | 89176 | 0 | 0 | 0 |
| TERRY HOLZER | |||||||||||||
| 154709 | 0 | 0 | 0 | 0 | 0 | 4460 | 0 | 15173 | 0 | 174342 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE COOPERATIVE HAS 13,377 VOTING MEMBERS AT DECEMBER 31, 2011. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS ELECT TWO OR THREE BOARD OF DIRECTORS TO SERVE A THREE YEAR TERM AT THE COOPERATIVE ANNUAL MEETING HELD IN MARCH OF EACH YEAR. | |
| FORM 990, PART VI, SECTION A, LINE 7B | ALL BYLAW CHANGES RECOMMENDED BY THE BOARD OF DIRECTORS ARE APPROVED AND RATIFIED BY THE MAJORITY OF MEMBERSHIP AT THE COOPEATIVE ANNUAL MEETING. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS REVIEWED AND APPROVED BY THE GENERAL MANAGER, THE BOARD PRESIDENT AND SECRETARY/TREASURER PRIOR TO ITS FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COOPERATIVE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE ORGANIZATION POLICY HANDBOOK. ALL TRUSTEES MUST DISCLOSE ANNUALLY IN WRITING TO THE BOARD ANY SITUATION OR TRANSACTION IN WHICH THE TRUSTEE IS INVOLVED WHICH VIOLATES OR COULD APPEAR TO VIOLATE THE INTENT OF THE CONFLICT OF INTEREST POLICY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | MONTANA STATEWIDE ORGANIZATION -MONTANA ELECTRIC COOPERATIVE ASSOCIATION (MECA) AND THE NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION (NRECA) PERFORMS AN ANNUAL SALARY SURVEY BY JOB CLASSIFICATION. THE BOARD OF DIRECTORS MAKES USE OF THESE SALARY SURVEYS FROM MECA AND NRECA TO DETERMINE THE SALARY GUIDELINES FOR THE GENERAL MANAGER SALARY. THE GENERAL MANAGER USES THESE SALARY SURVEYS TO DETERMINE THE RANGE OF SALARIES FOR THE ADMINISTRATIVE PERSONNEL. THE COOPERATIVE LINEMEN SALARIES ARE ESTABLISHED BY A SIGNED COLLECTIVELY BARGAINED UNION CONTRACT. | |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL GOVERNING DOCUMENTS, POLICIES, FINANCIAL REPORTS-RUS FORM 7- AND FORM 990 ARE AVAILABLE UPON REQUEST AT THE COOPERATIVE HEADQUARTER OFFICE. IN ADDITION, EACH NEW MEMBER IS PROVIDED WITH A COPY OF YELLOWSTONE VALLEY ELECTRIC COOPERATIVE'S BY LAWS. ALSO THE STATEMENT OF FINANCIAL CONDITION IS SENT OUT YEARLY TO ALL MEMBERS IN THE ANNUAL MEETING NOTICE PRIOR TO THE ANNUAL MEETING HELD IN MARCH OF EACH YEAR. | |
| FORM 990, PART XI, LINE 5: | INCREASE IN MEMBERSHIP DEPOSIT 3,040. TOTAL TO FORM 990, PART XI, LINE 5: 3,040. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| THE BOARD OF DIRECTORS REQUIRE A FORMAL THREE YEAR AUDIT ENGAGEMENT LETTER CONTRACT FIXING THE ANNUAL AUDIT FEE AND PERFORMS OVERSIGHT OVER THE AUDIT. IN ADDITION, THE AUDITOR IS REQUIRED TO FORMALLY PRESENT THE AUDIT AND ANY FINDINGS TO THE BOARD OF DIRECTORS. ALSO, THE BOARD OF DIRECTORS REQUEST THAT THE AUDITOR PRESENT THE COOPERATIVE STATEMENT OF FINANCIAL CONDITION TO ITS MEMBERSHIP AT THE ANNUAL MEETING HELD IN MARCH OF EACH YEAR. |