2011-07-19T12:14:47-07:00 2010-12-31 990 2010-01-01 910267315 INLAND POWER & LIGHT CO INLA 5097477151 10110 W Hallett Rd Spokane WA 992247435 Kris Mikkelsen 5097477151 2011-05-06 2010 2016-02-24 21:20:13Z Kris Mikkelsen 10110 W Hallett Rd Spokane WA 992247435 56216506 0 X www.inlandpower.com X 1937 WA Distribution and sale of electricity 9 8 129 0 0 0 0 0 54501464 55373991 1379938 530222 340155 303828 56221557 56208041 46411 46064 0 0 8631962 8497191 0 0 0 42658132 44109525 51336505 52652780 4885052 3555261 145649808 146286813 68240220 66488357 77409588 79798456 Distribution and sale of electricity 0 0 0 0 55373991 Distribution and sale of electricity 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 51 0 1 129 1 0 0 0 0 0 55373991 528389 0 X 9 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X Inland Power Light Co 5097477151 10110 W Hallett Rd Spokane WA 992247435 Vernon Kimble 5.00 X 19162 0 0 Michelle Caird 7 X 19594 0 4586 James Kroll 6 X 21600 0 0 Nate Narrance 4 X 13018 0 5400 Gerald Davis 5.0 X 18600 0 0 Gale Rettkowski 6.0 X 20700 0 0 Ken Jacobsen 5.0 X 20250 0 0 Kristina Bahr 5.0 X 24756 0 0 Dave Shill 4 X 21600 0 0 Kris Mikkelsen 50 X 176409 0 118064 Sandra McKee 50 X 122007 0 54741 Kevin Shaw 55 X 162183 0 30940 Thomas Duncan 53 X 157790 0 43759 William Rolston 46 X 126841 0 39706 Douglas Heiser 44 X 128821 0 35148 Eric Fletcher 49 X 138322 0 31362 1191653 0 363706 24 0 1 0 Mountain Power Construction 5299 N Pleasant View Rd Post Falls ID 838544802 Contract Labor 1452972 Northwest Line Builders 15429 W Autumn Lane Nine Mile Falls WA 99026 Contract Labor 716589 Associated Arborists PO Box 2971 Hayden ID 838350000 Tree Reclearing 588784 Tice Electric 5405 North Lagoon Ave Portland OR 97217 Contract Labor 347000 Quality Resources Services PO BOX 14781 Spokane WA 99214 Contract Labor 300333 11 0 0 0 0 0 0 0 0 Operating Revenue 221000 55373991 55373991 0 0 0 0 0 0 55373991 475444 0 0 475444 0 0 0 0 0 0 0 0 269422 0 8465 0 260957 0 260957 0 0 260957 0 54778 0 0 0 54778 54778 0 0 54778 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Notes Receivable Interest 900099 41079 0 0 41079 Common Ditch Income 221000 42069 42069 0 0 -40277 -40277 0 0 42871 56208041 55375783 0 832258 31064 0 15000 0 0 0 0 0 613633 0 0 5036277 991699 1384599 470983 0 56905 28345 2000 0 0 15008 16817 398057 26903 0 473579 940722 0 138335 2733284 0 5016312 145187 Cost of Purchased Power 27446081 Utility Plant Operations 1090996 Utility Plant Maintenance 2295035 Consumer Accounts 690108 Taxes 2848179 -252328 52652780 0 0 0 4487814 126219 0 0 0 0 7729171 9142728 0 0 0 0 653805 579824 2270192 2114518 437523 476513 187495818 58745523 125227865 128750295 0 0 0 0 0 0 4843438 5096716 145649808 146286813 9964911 7750724 0 0 0 0 0 0 0 0 0 0 54036671 54379847 0 0 4238638 4357786 68240220 66488357 X 0 0 570095 583955 76839493 79214501 77409588 79798456 145649808 146286813 X 3555261 -1166393 X 0 1 1 X 1 1 2000 0 0 2000 2000 1 Washington Rural Electric Cooperative Political Action Committee PO BOX 7219 Olympia WA 98507 911236389 2000 0 SchC_P1A_S00_L01 Schedule C, Part I-A, Line 1 Contribution of $2,000 made to Washington Rural Electric Cooperative Political Action Committee. 113184 2047430 2160614 243722 13382412 1417519 12208615 0 0 0 0 0 170928586 57328004 113600582 0 780484 0 780484 128750295 0 Other Liabilities 4357786 4357786 56208041 52652780 3555261 0 0 0 0 0 0 3555261 56258030 0 0 0 7687 7687 56250343 0 -42302 -42302 56208041 52702769 0 0 0 7687 7687 52695082 0 -42302 -42302 52652780 SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Reclass Amortization of Gain on prepayment of REA debt and expenses related to common ditch income. SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Reclass Misc Non-Operating Expenses and Depreciation. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Reclass Amortization of Gain on prepayment of REA debt and expenses related to common ditch income. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Reclass Misc Non-Operating Revenue, expenses and depreciation. 1 Spokane Neighborhood Action Program 2116 E First Ave Spokane WA 99202 911311127 501(c)(3) 12500 0 To assist Spokane Neighborhood Action Program in providing monetary energy assistance to households in need and continue serving the Spokane area with their programs. 1 0 College Scholarships for Legal Dependents of Inland Power & Light Members 15 15000 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 Inland Power & Light maintains records of all donations made, whom the request was made by, and the purpose of each request. X X 0 0 0 Kris Mikkelsen 176409 0 0 0 0 0 103818 0 14613 0 294840 0 272275 0 Sandra McKee 112007 0 10000 0 0 0 41349 0 15689 0 179045 0 159280 0 Kevin Shaw 162183 0 0 0 0 0 13442 0 18652 0 194277 0 193801 0 Thomas Duncan 157790 0 0 0 0 0 30060 0 14663 0 202513 0 226204 0 Eric Fletcher 138322 0 0 0 0 0 13864 0 18291 0 170477 0 171961 0 Douglas Heiser 128821 0 0 0 0 0 22133 0 13716 0 164670 0 174738 0 William Rolston 126841 0 0 0 0 0 21351 0 19081 0 167273 0 0 0 Gale Rettkowski - Fed Rur Elec Ins Current Trustee 285897 Gale Rettkowski is a trustee for Inland Power & Light as well as for Federated Rural Electric Insurance Exchange. The amount of the transaction represents the total amount paid to Federated for insurance policies and services during 2010. All checks were written to Federated; none were written directly to Mr. Rettkowski. 0 F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 Inland Power & Light is a rural electric cooperative owned by its members. There are approximately 30,700 members and we serve 38,400 meters. There is only one class of members which have the right to elec trustees, vote on changes to the Articles of Incorporation & Bylaws, mergers, and disposal of property/assets in excess of 10% of total assets of the cooperative. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a All active members are eligible to vote for trustees. Trustees are elected for a three year term with three trustee positions open to election each year. F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b Decisions of the trustees that are subject to approval by the members are changes to the Articles of Incorporation, Bylaws, mergers and disposal of property/assets in excess of 10% of total assets of the cooperative. F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a The Form 990 and related schedules are prepared by the General Ledger Accountant and then reviewed in detail by the CFO. The Form 990 and schedules are then sent on to the CEO for review. A copy of the final version was provided to the Board of Trustees before it was filed. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Inland Power & Light has a written Conflict of Interest policy that is distributed to all employees and trustees on an annual basis. The form distributed requests documentation for any potential conflicts of interest. The Human Resources department ensures all forms are returned. The CEO reviews all employee forms each year and the corporate attorney reviews the forms from the trustees. The appropriate people are notified of any procedural changes due to conflicts. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Compensation for the CEO is determined by the Board of Trustees. Each year they obtain comparability data from the Human Resources department that lists the compensation level of the CEO in other electric cooperatives of similar size. This data comes from independent regional and national salary surveys. The salary level is set consistent with the surveys. The decision is documented and given to the Human Resources Manager. 15b - The CFO's compensation is set by the CEO. The CEO reviews comparability data from independent regional and national salary surveys and the salary is set consistent with the surveys. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Articles of Incorporation and the Conflict of Interest policy are made available to members upon request. Summary financial statements and the Bylaws are made available to the public on Inland Power's website. F990_P11_S00_L05 Form 990, Part XI, Line 5 Increase in Membership Equity of $13,860, Change in Patronage Capital by General Retirement, Bad Debt Recoveries, Estate Payments, etc. of ($1,884,244), Increase in Other Margins and Equities through Acquired Patronage Capital, Forfeited Estate Patronage Capital, etc. of $703,991.