2012-07-23T10:53:40-05:00 2011-12-31 450310328 BRADY MARTZ & ASSOCIATES PC PO BOX 1297 BISMARCK ND 585021297 990 2011-01-01 450217935 MOR GRAN SOU ELECTRIC MORG 7015973301 PO BOX 297 FLASHER ND 585350297 TRAVIS KUPPER 7015794191 2012-07-20 1 PATRICK J BROWN P00149579 7012231717 2012-07-20 2011 2016-02-24 21:20:13Z TRAVIS KUPPER PO BOX 297 FLASHER ND 585350297 18904191 0 X WWW.MORGRANSOU.COM X 1940 ND PROVIDE ELECTRIC UTILITY SERVICE 9 9 38 0 -7259 -11091 0 0 15381055 18026480 7458 8822 107355 449113 15495868 18484415 0 0 0 103204 3635608 2540519 0 0 0 10557202 12835685 14192810 15479408 1303058 3005007 71450386 69663552 48652931 43861090 22797455 25802462 MOR-GRAN-SOU ELECTRIC COOPERATIVE IS DEDICATED TO PROVIDING AFFORADABLE, RELIABLE ENERGY & SERVICES THAT SUPPORT AND UNITE OUR MEMBER-OWNERS 0 0 MOR-GRAN-SOU PROVIDES RELIABLE, AFFORDABLE ENERGY TO ITS 5,293 MEMBERS 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 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 0 0 1 68 0 1 38 1 1 1 0 0 0 0 0 0 0 0 17262051 1641063 0 X 9 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X TRAVIS KUPPER CFO 8007508212 PO BOX 297 FLASHER ND 58535 X MARK DOLL 6.00 X 4550 0 0 VERN FREDERICK 6.00 X 3300 0 0 PAM GEIGER 6.00 X X 2400 0 0 JOE DUNN 6.00 X 4600 0 0 ROBERT GAEBE 6.00 X 4900 0 0 CASEY WELLS 6.00 X 3800 0 0 LELAND BARTH 6.00 X X 4600 0 0 DAVE ARCHAMBAULT 6.00 X X 4550 0 0 ROBERT LEINGANG 6.00 X 5300 0 0 IEA TRAVIS KUPPER 40.00 X 0 105062 44535 IEA DON FRANKLUND 40.00 X 0 166511 77923 IEA CLAYTON HOFFMAN 40.00 X 0 193394 79590 38000 464967 202048 0 0 1 0 INNOVATIVE ENERGY ALLIANCE LLC PO BOX 338 NEW ENGLAND ND 58647 MANAGEMENT SERVICES 367900 FISCHER CONTRACTING 3335 SARATOGA AVE BISMARCK ND 58501 CONSTRUCTION SERVICES 215421 KADRMAS LEE & JACKSON PO BOX 4130 BISMARCK ND 58502 ENGINEERING SERVICES 177277 NATIONAL INFORMATION SOLUTIONS COOPERATI PO BOX 1147 MANDAN ND 58554 TECHNOLOGY SERVICES 147238 BULLINGER TREE SERVICE 4101 33RD AVE NW MANDAN ND 58554 CONSTRUCTION SERVICES 135462 6 SALE OF ELECTRICITY 900099 18025666 18025666 IEA K-1 900099 814 814 18026480 8822 8822 261938 419776 -157838 -157838 MISCELLANEOUS 900099 455958 455958 K-1 3C CONSTRUCTION, I 230000 150993 150579 414 606951 18484415 18482438 -7259 9236 103204 38000 1928615 573904 346134 2030140 2112944 POWER COST - TRANSMISSI 6665338 DIST EXP - OPERATIONS 1273998 DISTRIBUTION MAINTENANC 746533 GEN AND ADMIN EXPENSE 601495 -940897 15479408 2396625 1369707 152261 0 2057888 2154523 3790866 3044542 671745 93306 78741295 22369628 56154223 56371667 6226778 6629807 71450386 69663552 1454559 1090629 47120959 42653542 77413 116919 48652931 43861090 X 22797455 25802462 0 0 0 0 22797455 25802462 71450386 69663552 3005007 0 X X 0 1 1 X 0 209025 357114 566139 2383466 14068 2369398 69299719 22355560 46944159 6491971 6491971 56371667 MEMBERSHIPS 5050 C PATRONAGE CAPITAL CREDITS 4411494 C INVESTMENT IN 3CS 1875390 C FEDERATED STOCK 60414 C PATRONAGE CAPITAL CREDITS FROM NONPROFIT 178758 C COBANK CLASS "E" STOCK 36088 C ENERGY RESOURCE LOANS 61047 C OTHER PROMISSORY NOTES 1566 C 6629807 DEFERRED CREDITS 116919 116919 18484415 15479408 3005007 3005007 18904191 419776 419776 18484415 0 18484415 15795980 419776 419776 15376204 103204 103204 15479408 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: FIN 48 DISCLOSURE--IT IS THE OPINION OF MANAGEMENT THAT THE COOPERATIVE HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL INCOME TAX RETURNS OF THE COOPERATIVE ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD ON INVENTORY REPORTED ON FORM 990 419,776. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED IN REVENUE SECTION ON FORM 990 419,776. PART XIII, LINE 4B - OTHER ADJUSTMENTS: RETIREMENT OF CAPITAL CREDITS 103,204. 0 0 0 IEA DON FRANKLUND 0 166511 0 0 0 0 0 25978 0 51945 0 244434 0 0 IEA CLAYTON HOFFMAN 0 193394 0 0 0 0 0 15225 0 64365 0 272984 0 0 INNOVATIVE ENERGY ALLIANCE CLAYTON HOFFMAN AND DON FRANKLUND ARE OFFICERS OF BOTH ENTITIES. 346134 PAYMENTS TO INNOVATIVE ENERGY ALLIANCE FOR MANAGEMENT SERVICES PERFORMED. 0 FORM 990, PART VI, SECTION A, LINE 3 INNOVATIVE ENERGY ALLIANCE IS A SEPARATE LLC FORMED BY THREE ELECTRIC COOPERATIVES IN THE STATE OF NORTH DAKOTA TO PROVIDE MANAGEMENT AND ADVISORY SERVCIES TO THE THREE COOPERATIVES. MOR GRAN SOU COOPERATIVE HAS HIRED INNOVATIVE ENERGY ALLIANCE TO PROVIDE MANAGEMENT, HUMAN RESOURCES AND INFORMATION SERVICES. FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUALS AND ENTITIES RECEIVING ELECTRICAL POWER FROM THE COOPERATIVE ARE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS MAY VOTE. MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B AT THE ANNUAL MEETING, ALL BYLAW CHANGES MUST BE APPROVED BY THE MEMBERS AND THE MEMBERS MAY VOTE ON MOTIONS CONCERNING THE OPERATIONS OF THE COOPERATIVE. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY TO BE REVIEWED AND APPROVED AT A MONTHLY BOARD MEETING PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C FULL DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTERST ARE REQUIRED TO BE REPORTED TO THE FULL BOARD. THIS IS ALSO REQUIRED AS PART OF THE CODE OF CONDUCT FOR DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 COSTS FOR MANAGEMENT WERE COMPARED TO STATE AVERAGES, PRIOR WAGES, AND APPROVED BY THE FULL BOARD AFTER BOARD DELIBERATION. PAY IS REVIEWED ANNUALLY. CHANGES ARE BASED ON MERIT, CPI AND COMPARATIVE WAGES. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1024 AND FORM 990 AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND ANNUAL FINANCIAL STATEMENTS AVAILABLE TO THEIR MEMBERS ON THE ORGANIZATION'S WEBSITE. ANNUAL FINANCIALS ARE PRESENTED AT THE ANNUAL MEMBERSHIP MEETING EACH YEAR IN JULY. GOVERNING DOCUMENTS ARE MADE AVAILABLE TO EACH MEMBER WHEN THEY INITIALLY BECOME A MEMBER. FORM 990, PART VII, COLUMN B DON FRANKLUND, CLAYTON HOFFMAN AND TRAVIS KUPPER ALL WORK FULL-TIME (EXCESS OF 40 HOURS PER WEEK) FOR INNOVATIVE ENERGY ALLIANCE THAT PROVIDES MANAGEMENT SERVICES TO THE COOPERATIVE. FORM 990, PART XI, LINE 2 (C) THERE WAS NO CHANGE IN THE OVERSIGHT OR SELECTION PROCESS OF THE INDEPENDENT AUDITORS. THE FULL BOARD OF DIRECTORS REVIEWED AND APPROVED THE INDEPENDENT AUDITORS. BENEFITS PAID TO MEMBERS PART IC, LINE 4: THE AMOUNT OF $103,204 ON THIS LINE IS FOR PATRONAGE DIVIDENDS. THE COOPERATIVE HAS INTERPRETED PATRONAGE DIVIDENDS TO MEAN THE RETIREMENT OF CAPITAL CREDITS THAT WERE PAID OUT TO MEMBERS IN TEH CURRENT YEAR. FORM 990, PART IX, LINE 24(F) ALL OTHER EXPENSES IS A NEGATIVE BALANCE DUE TO $2,312,714 OF SALARIES AND BENEFITS BEING INCLUDED IN OTHER EXPENSE CATEGORIES AND ALSO BEING CAPITALIZED AS PART OF THE CONTRUCTION/REPAIRS TO THE POWER SYSTEM THROUGHOUT THE YEAR. INNOVATIVE ENERGY ALLIANCE LLC PO BOX 338 NEW ENGLAND ND 58647 208895499 PROVIDE MANAGEMENT, HUMAN RESOURCE AND IT SERVICE TO ELETRIC COOPERATIVES ND RELATED 814 47365 0 0 0.33330 3 C CONSTRUCTION LLC 4001 30TH AVE NW MANDAN ND 58554 450444766 PROVIDE CONSTRUCTION SERVICES TO ELETRIC COOPERATIVES ND UNRELATED 150993 1468425 0 0 0.33330 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 3CS CONSTRUCTION L 111503 ACTUAL COST INNOVATIVE ENERGY ALLIANCE L 346134 ACTUAL COST