2012-06-04T12:06:24-05:00 2011-12-31 391277627 BAUMAN ASSOCIATES LTD PO BOX 1225 EAU CLAIRE WI 547021225 990 2011-01-01 390150875 BARRON ELECTRIC COOPERATIVE BARR 7155373171 PO BOX 40 BARRON WI 54812 DALLAS SLOAN 7155373171 2012-05-30 BRIAN R SCHILLING CPA P00004971 7158342001 2011 2016-02-24 21:20:13Z DALLAS SLOAN PO BOX 40 BARRON WI 54812 35161939 0 X WWW.BARRONELECTRIC.COM X 1937 WI TO PROVIDE ELECTRICITY TO ITS MEMBERS. 9 9 48 0 543183 4875 0 0 31691545 32929024 197347 764815 154422 -9143 32043314 33684696 0 0 0 2865517 226619 220404 0 0 0 29616090 30598775 29842709 33684696 2200605 0 66676533 66433361 43411447 41131196 23265086 25302165 TO PROVIDE ELECTRICITY TO ITS MEMBERS. 0 0 PROVIDED ELECTRICITY TO ITS MEMBERS 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 48 1 1 1 0 0 0 0 31655446 2029291 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X THE ORGANIZATION 7155373171 PO BOX 40 BARRON WI 54812 SELMER E NELSON 5.00 X 8550 0 0 NORMAN BUSSE 2.00 X 4275 0 0 BARBARA HOLMAN 3.00 X 5400 0 0 MICHAEL BAKER 6.00 X 7650 0 0 LYNN PETERSON 2.00 X 5175 0 0 ARLYN HELM 5.00 X 6975 0 0 BEVERLY BUCKNER 3.00 X 4725 0 0 SCOTT WARWICK 4.00 X 9675 0 0 RICHARD BOL 4.00 X 6075 0 0 DALLAS SLOAN 40.00 X 143264 0 127943 201764 0 127943 1 0 1 0 ZIELIE'S TREE SERVICE INC PO BOX 350 LADYSMITH WI 54848 RIGHT OF WAY CLEARING 671479 PUSH INC PO BOX 72 RICE LAKE WI 548680072 BURYING WIRE UNDERGROUND 140219 2 ELECTRIC REVENUE 221000 32929024 31655446 1273578 32929024 202040 202040 2012033 1449258 562775 562775 10449 552326 18842 27985 -9143 -9143 33684696 31665895 543183 1475618 2865517 220404 2052914 2262977 COST OF POWER 20626933 DISTRIBUTION - MAINTENA 1954388 ADMINISTRATIVE AND GENE 1291937 DISTRIBUTION - OPERATIO 741260 1668366 33684696 36222 91843 1808 352142 3032740 2830084 261680 300896 162948 174887 71088321 23110344 47805779 47977977 1465036 13814858 14612575 95462 92957 66676533 66433361 2119634 2117739 39516777 37283849 1775036 1729608 43411447 41131196 X 0 0 0 0 23265086 25302165 23265086 25302165 66676533 66433361 X 0 2037079 X X 0 0 0 853988 853988 70234333 23110344 47123989 47977977 PAT CAP ASSOCIATED COOP 10895169 C INV CAP TERM CERT CFC 1389097 C OTHER INV ASSOC ORGANIZATION 2017303 C OTHER INV NON-GENERAL 22861 C OTHER INVESTMENTS 288145 C 14612575 OTHER CURRENT LIABILITIES 597924 CUSTOMER DEPOSITS 254967 ACCRUED INTEREST 411742 PATRONAGE CAPITAL PAYABLE 68424 DEFERRED LIABILITIES 396551 1729608 X X 0 0 0 DALLAS SLOAN 143264 0 0 0 0 0 115688 0 12255 0 271207 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE IS ORGANIZED WITHOUT CAPITAL STOCK AND THERE IS ONLY ONE CLASS OF MEMBERS WITH RESPECT TO VOTING RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS NOMINATE ONE OR MORE CANDIDATES FOR A DIRECTOR POSITION FOR EACH DIVISION OF THE COOPERATIVE. MEMBERS ELECT THE BOARD OF DIRECTORS AT THE MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER IS ENTITLED TO ONE VOTE AND NO MORE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE GENERAL MANAGER AND DIRECTOR OF FINANCE REVIEWS A DRAFT OF FORM 990 BEFORE IT IS SIGNED AND FILED. THE BOARD OF DIRECTORS DID NOT REVIEW FORM 990 BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE CONFLICT OF INTEREST POLICY WAS GIVEN TO EACH CURRENT EMPLOYEE AND DIRECTOR AS WELL AS EACH NEW EMPLOYEE AND DIRECTOR. THE CONFLICT OF INTEREST POLICY IS A SELF-POLICING POLICY IN WHICH IT IS THE RESPONSIBILITY OF EACH EMPLOYEE/DIRECTOR TO COME FORWARD WITH ANY POTENTIAL CONFLICTS WHENEVER THEY OCCUR. THE WHISTLEBLOWER POLICY SUPPORTS THE ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY BY ENCOURAGING ALL EMPLOYEES/DIRECTORS TO REPORT CONFLICTS OF INTEREST AND OTHER QUESTIONABLE BEHAVIOR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS USES COMPARABILITY DATA PROVIDED BY NRECA TO DETERMINE THE COMPENSATION OF THE GENERAL MANAGER. THE GENERAL MANAGER APPROVES THE COMPENSATION OF ALL OTHER EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTATION IS AVAILABLE UPON WRITTEN REQUEST TO THE ATTENTION OF THE GENERAL MANAGER. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: RETIREMENT OF PATRONAGE CAPITAL -866,984. GAIN ON RETIREMENTS 38,546. 2011 MARGINS ALLOCATED 2,865,517. TOTAL TO FORM 990, PART XI, LINE 5: 2,037,079. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE BEEN MADE SINCE PRIOR YEAR. AUDITED FINANCIAL STATEMENTS FORM 990, PART XII, LINE 2B: THE COOPERATIVE PROVIDES ANNUAL EXTERNAL FINANCIAL STATEMENTS (AUDITED BY AN INDEPENDENT CPA FIRM) USING A FISCAL YEAR-END OF 11/30/XX. FORM 990, PART IX, LINE 4: THE COOPERATIVE HAS INTERPRETED PATRONAGE DIVIDENDS PAID TO BE THE AMOUNT OF CURRENT YEAR MARGINS THAT WILL BE ALLOCATED TO ITS MEMBERS AND THEREFORE HAS PRESENTED THIS AMOUNT. THIS WAS A CHANGE IN THE 2011 FORM 990 INSTRUCTIONS AND THEREFORE IS NOT SHOWN AS AN EXPENSE ON THE 2010 RETURN. THE COOPERATIVE HAS OR WILL ALLOCATE ALL OPERATING AND NON-OPERATING MARGINS.