2011-08-12T10:33:59-05:00 2010-12-31 DOUGLAS WILSON & COMPANY PC 1000 FIRST AVENUE SOUTH GREAT FALLS MT 59401 990 2010-01-01 810218082 GLACIER ELECTRIC COOPERATIVE INC GLAC 4068735566 410 E MAIN ST CUT BANK MT 594272090 JASON BRONEC 4068735566 2011-08-11 1 RANDAL J BOYSUN 4067614645 2010 2016-02-24 21:20:13Z JASON BRONEC 410 E MAIN ST CUT BANK MT 59427 13806381 0 X WWW.GLACIERELECTRIC.COM X 1945 MT RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL SERVICES AND UTILITIES TO MEMBERS AND PATRONS 9 8 41 0 0 0 0 0 13119943 13549283 87179 69383 188636 187715 13395758 13806381 0 0 0 0 610290 2872704 0 0 0 11475304 9164003 12085594 12036707 1310164 1769674 35654777 36038773 19503171 19336186 16151606 16702587 TRANSMISSION AND DISTRIBUTION OF ELECTRICITY TO ITS MEMBERS, PRIMARILY SERVING GLACIER COUNTY, MT 0 0 8429594 RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL SERVICES AND UTILITIES TO MEMBERS AND PATRONS LOCATED IN NORTHERN PORTION OF MONTANA 8429594 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 120 0 1 41 0 0 0 0 0 0 0 0 13700555 1138534 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JASEN BRONEC 4068735566 410 E MAIN ST CUT BANK MT 59427 BRIAN ELLIOT 4.60 X 7750 0 214 DAVE LOSING 1.00 X 4050 0 372 DARROL BERKRAM 2.10 X 6150 0 372 JAMES NEWMAN 6.60 X 10500 0 182 WILLARD HJARTARSON 2.60 X 5250 0 372 ZITA BREMNER 2.60 X 5850 0 0 LEE HOLDEN 3.60 X 7050 0 168 BRUCE BRADLEY 4.10 X 7500 0 372 MILES LEWIS 2.90 X 6650 0 372 JASEN BRONEC 40.00 X 163472 0 67930 224222 0 70354 1 0 1 0 OUTBACK POWER COMPANY PO BOX 358 GREAT FALLS MT 59403 LINE CONST/MAINT 745195 SULLIVAN BROTHERS 303 N VIRGINIA CONRAD MT 59425 LINE CONST/MAINT 218321 2 SALE OF UTILITY SERVIC 221000 13549283 13549283 13549283 69383 69383 CAPITAL CREDITS 221000 123259 123259 GAIN ON REACQUIRED DEB 221000 36443 36443 OTHER NON-OPERATING IN 221000 28013 28013 187715 13806381 13806381 0 0 294576 294576 1516906 1516906 1061222 1061222 860887 860887 1595584 1595584 85412 85412 COST OF POWER 4640268 4640268 DISTRIBUTION EXPENSE 640795 640795 TAXES 546273 546273 OTHER ADMINISTRATION & 258116 258116 MAINTENANCE OF GENERAL 156390 156390 380278 145787 234491 12036707 8429594 3607113 0 1140177 563703 1457827 1401327 617376 611046 95618 76667 54313388 22667248 30647195 31646140 1666553 1682284 30031 57606 35654777 36038773 1330678 1477385 27799 24078 16165522 16177689 1979172 1657034 19503171 19336186 X 16467550 17028167 11065 11065 -327009 -336645 16151606 16702587 35654777 36038773 X 1769674 -1218694 X 0 1 0 X 0 2269959 1622356 647603 52043429 21044892 30998537 31646140 CUSTOMER DEPOSITS 311673 ADVANCES 135320 OTHER DEFERRED CREDITS 687896 OTHER LIABILITIES & ACCRUALS 522145 1657034 13806381 12036707 1769674 -1218694 -1218694 550980 PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN SUBSIDIARY RETAINED EARNINGS ($24,086) RETIREMENT OF CAPITAL CREDITS ($1,196,788) INCREASE IN MEMBERSHIPS FROM PRIOR YEAR $2,180 X X 0 0 0 JASEN BRONEC 163472 0 0 0 0 0 0 0 0 67930 163472 67930 0 0 DAVE LOSING TRUSTEE OF GLACIER ELECTRIC AND OWNS CUT BANK TIRE 9412 PROVIDES TIRE SERVICES AND SUPPLIES 0 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: CHANGE IN SUBSIDIARY RETAINED EARNINGS ($24,086) -24,086. RETIREMENT OF CAPITAL CREDITS ($1,196,788) -1,196,788. INCREASE IN MEMBERSHIPS FROM PRIOR YEAR $2,180 2,180. TOTAL TO FORM 990, PART XI, LINE 5: -1,218,694. GLOBAL NET INC 101 E MENDENHALL BOZEMAN MT 59715 810431874 INTERNET SERVICE MT C 0.60000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0