HILL COUNTY ELECTRIC COOPERATIVE INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- HILL COUNTY ELECTRIC COOPERATIVE INC (EIN 81-0218593)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-07-05
- IRS object ID
- 201111869349300531
- Schema version
- 2010v3.2
- 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 | 2011-07-05T13:41:50-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EIDE BAILLY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 EAST 10TH ST PO BOX 5125 | AddressLine1 |
| City | SIOUX FALLS | City |
| State | SD | State |
| ZIP Code | 571175125 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810218593 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HILL COUNTY ELECTRIC COOPERATIVE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HILL | NameControl |
| Phone | 4063947804 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2121 US HIGHWAY 2 NW PO BOX 2330 | AddressLine1 |
| City | HAVRE | City |
| State | MT | State |
| ZIP Code | 59501 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD STEVENS | Name |
| Title | GENERAL MANAGER | Title |
| Phone | 4063947804 | Phone |
| Date Signed | 2011-06-28 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LAURIE HANSON | Name |
| Phone | 6053391999 | Phone |
| Date Prepared | 2011-06-28 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RICHARD STEVENS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2121 US HIGHWAY 2 NW PO BOX 2330 | AddressLine1 |
| City | HAVRE | City |
| State | MT | State |
| ZIP Code | 59501 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 11021651 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.HCELECTRIC.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1945 | YearFormation |
| State Legal Domicile | MT | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE ELECTRICITY TO RURAL AREAS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 5 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 5 | NbrIndependentVotingMembers |
| Total Nbr Employees | 149 | 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 | 10807175 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 10601963 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 32073 | InvestmentIncomePriorYear |
| Investment Income Current Year | 64970 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -16748 | OtherRevenuePriorYear |
| Other Revenue Current Year | -23790 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 10822500 | TotalRevenuePriorYear |
| Total Revenue Current Year | 10643143 | 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 | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1899880 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2208418 | 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 | 8026249 | OtherExpensePriorYear |
| Other Expenses Current Year | 8089756 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 9926129 | TotalExpensesPriorYear |
| Total Expenses Current Year | 10298174 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 896371 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 344969 | RevenuesLessExpensesCY |
| Total Assets BOY | 25559935 | TotalAssetsBOY |
| Total Assets EOY | 26497895 | TotalAssetsEOY |
| Total Liabilities BOY | 12438438 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 13122980 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 13121497 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 13374915 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | HILL COUNTY ELECTRIC PROVIDES OUR MEMBERS AND CUSTOMERS WITH HIGH QUALITY, RELIABLE AND SAFE ELECTRIC SERVICES AND ASSOCIATED PRODUCTS AT COMPETITIVE PRICES, NOW AND IN THE FUTURE. USING ADVANCED TECHNOLOGY WHEN AVAILABLE AND COST-EFFECTIVE, WE STRIVE TO EXCEED THE EXPECTATIONS OF OUR CUSTOMERS BY GIVING UNCOMPROMISING CUSTOMER SERVICE BASED ON CORE PRINCIPLES OF COOPERATION, MUTUAL RESPECT AND APPRECIATION FOR THEIR PATRONAGE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 2,346 MEMBERS AND ADDED/REPLACED 10 MILES OF LINES. | Description |
| 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 | 0 | 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 | 62 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 149 | 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 |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Gross Income From Members | 10313479 | GrossIncomeFromMembers |
| Gross Income Other Sources | 648001 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 5 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 5 | 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 | 0 | 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 | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MT | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARK MAJERES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4063947804 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2330 | AddressLine1 |
| City | HAVRE | City |
| State | MT | State |
| ZIP Code | 59501 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (8 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| STUART SMITH | ||||||
| PRESIDENT/VICE PRESIDENT | 11.00 | X | X | 16825 | 0 | 0 |
| CLARENCE KELLER | ||||||
| VICE PRESIDENT/PRESIDENT | 21.00 | X | X | 14900 | 0 | 0 |
| LON WAID | ||||||
| SECRETARY/TREASURER | 8.00 | X | X | 12450 | 0 | 0 |
| GERALD RUTLEDGE | ||||||
| TRUSTEE | 11.00 | X | 14725 | 0 | 0 | |
| MERLE BELCOURT | ||||||
| TRUSTEE | 6.00 | X | 10875 | 0 | 0 | |
| MARK MAJERES | ||||||
| CONTROLLER | 10.00 | X | 68312 | 0 | 27502 | |
| RICHARD STEVENS | ||||||
| GENERAL MANAGER/CEO | 10.00 | X | 139799 | 0 | 233931 | |
| GAIL RAINEY | ||||||
| ASST. GM/COO | 8.00 | X | 94077 | 0 | 43541 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 371963 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 304974 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | 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 |
|---|---|---|---|---|---|
| OUTBACK POWER CO INC | |||||
| 1324 CENTRAL AVE W 3 BOX 358 | GREAT FALLS | MT | 59404 | CONSTRUCTION | 445374 |
| HEBERLY AND ASSOCIATES | |||||
| 521 4TH STREET PO BOX 1311 | HAVRE | MT | 59501 | ENGINEERING | 172274 |
| RED ROCK POWER INC | |||||
| PO BOX 725 | HAVRE | MT | 59501 | CONSTRUCTION | 111869 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| SALE OF ELECTRICITY | 221000 | 10561363 | 10561363 |
| COOP CAPITAL CREDITS | 221000 | 43189 | 43189 |
| OTHER NONOPERATING | 221000 | -2589 | -2589 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 10601963 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 64970 | TotalRevenueColumn |
| Exclusion | $64,970 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 354718 | GrossSalesOfInventory |
| Cost Of Goods Sold | 378508 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -23790 | TotalRevenueColumn |
| Related Or Exempt Function Income | -23790 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10643143 | TotalRevenueColumn |
| Related Or Exempt Function Income | 10578173 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $64,970 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 151085 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1733892 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 186301 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 137140 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 506221 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1049465 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| COST OF POWER | 5693014 |
| ADMIN. AND GENERAL | 803051 |
| DIST. - MAINTENANCE | 719415 |
| DIST. - OPERATIONS | 440662 |
| ALLOCATED AND OTHER | -1122072 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10298174 | Total |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1025398 | BOY |
| EOY | 255762 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1714213 | BOY |
| EOY | 1690450 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 916432 | BOY |
| EOY | 906116 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 409956 | BOY |
| EOY | 497430 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 82852 | BOY |
| EOY | 88163 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 37936369 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 15517759 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20726420 | BOY |
| EOY | 22418610 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 134138 | BOY |
| EOY | 75904 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 544583 | BOY |
| EOY | 559695 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5943 | BOY |
| EOY | 5765 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25559935 | BOY |
| EOY | 26497895 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1321199 | BOY |
| EOY | 1449260 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10965385 | BOY |
| EOY | 11241430 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 300000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 151854 | BOY |
| EOY | 132290 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12438438 | BOY |
| EOY | 13122980 | 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 | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13121497 | BOY |
| EOY | 13374915 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13121497 | BOY |
| EOY | 13374915 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25559935 | BOY |
| EOY | 26497895 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 344969 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -91551 | ReconcilationOtherChanges |
| 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 | 65707 | OtherCostOrOtherBasis |
| Book Value | 65707 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3809366 | OtherCostOrOtherBasis |
| Depreciation | 1237957 | Depreciation |
| Book Value | 2571409 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 34036287 | OtherCostOrOtherBasis |
| Depreciation | 14254793 | Depreciation |
| Book Value | 19781494 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 25009 | OtherCostOrOtherBasis |
| Depreciation | 25009 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 22418610 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CUSTOMER DEPOSITS | $47,986 |
| DEFERRED CREDITS | $84,304 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 132290 | TotalOfAmounts |
| Total Revenue | 10643143 | TotalRevenue |
| Total Expenses | 10298174 | TotalExpenses |
| Excess Or Deficit For Year | 344969 | ExcessOrDeficitForYear |
| Other | -$91,551 | OtherAmount |
| Total Adjustments | -91551 | TotalAdjustments |
| Excess Or Deficit Per FS | 253418 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 10643143 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 10643143 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 10643143 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 10298174 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 10298174 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 10298174 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE COOPERATIVE ADOPTED THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION TOPIC ASC 740-10 (PREVIOUSLY FINANCIAL INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES), ON JANUARY 1, 2009. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE FINANCIAL STATEMENTS. AS OF BOTH THE DATE OF ADOPTION, AND AS OF YEARS ENDED DECEMBER 31, 2010 AND 2009, THERE WAS NO UNRECOGNIZED TAX ACCRUAL. THE COOPERATIVE WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. GENERALLY, THE COOPERATIVE IS NO LONGER SUBJECT TO FEDERAL OR STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2007. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | RETIREMENT OF CAPITAL CREDITS -91,551. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | RICHARD STEVENS | NamePerson |
| Base Compensation Filing Org | 133749 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 6050 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 222651 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 13850 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 376300 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART I, LINE 1A | AS PART OF THE EMPLOYMENT CONTRACT, THE TRAVEL EXPENSES OF THE GENERAL MANAGER'S SPOUSE ARE REIMBURSED AS APPROVED BY THE BOARD OF TRUSTEES. | |
| PART III | PLEASE SEE SCHEDULE O REGARDING THE COMPENSATION PAID TO THE GENERAL MANAGER/CEO. | SUPPLEMENTAL INFORMATION |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (13 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | HILL COUNTY ELECTRIC HAS TWO CLASSES OF MEMBERS: LARGE INDUSTRIAL MEMBERS WHOSE CAPTIAL CREDITS ARE CALCULATED BASED ON AGREEMENTS, AND THE REMAINING MEMBERS. EACH MEMBER IS ENTITLED TO ONE VOTE REGARDLESS OF CLASS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | ALL MEMBERS ARE OF THE SAME CLASS AND EACH HAS ONE VOTE. | |
| FORM 990, PART VI, SECTION A, LINE 7B | THE COOPERATIVE MAY NOT SELL, MORTGAGE, LEASE, OR OTHERWISE DISPOSE OF OR ENCUMBER ALL OR ANY SUBSTANTIAL PORTION OF ITS PROPERTY UNLESS APPROVED BY TWO-THIRDS OF ALL THE MEMBERS BY VOTE AT A DULY HELD MEETING. THE COOPERATIVE SHALL NOT BECOME A MEMBER OF OR PURCHASE OR ACQUIRE STOCK OR OTHER OWNERSHIP INTERESTS IN ANY CORPORATION OR OTHER ENTITY OR ORGANIZATION WITHOUT AN AFFRIMATIVE VOTE OF THE MEMBERS AT A DULY HELD MEETING. | |
| FORM 990, PART VI, SECTION A, LINE 8B | THE ORGANIZATION DOES NOT HAVE COMMITTEES. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE GENERAL MANAGER AND ASSISTANT GENERAL MANAGER WILL REVIEW THE PREPARED FORM 990 IN DETAIL PRIOR TO FILING. ADDITIONALLY, A COPY WILL BE GIVEN TO BOARD MEMBERS PRIOR TO ITS FILING. THE GENERAL MANAGER OR ASSISTANT GENERAL MANAGER WILL PRESENT THE FORM 990 AT A BOARD MEETING PRIOR TO FILING THE RETURN IF SO DESIRED BY THE BOARD. | |
| TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO SIGN AN ACKNOWLEDGEMENT OF THE CONFLICT OF INTEREST POLICY ANNUALLY STATING THAT THEY WILL ADVISE MANAGEMENT OF ANY QUESTIONABLE OWNERSHIP INTERESTS OR RELATIONSHIPS. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS. IF A CONFLICT EXISTS, THE AFFECTED BOARD MEMBER IS REQUIRED TO ABSTAIN FROM DISCUSSION AND VOTING ON THE ITEM. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE COMPENSATION OF THE GENERAL MANAGER/CEO IS DETERMINED BY THE BOARD OF TRUSTEES. EACH TRUSTEE COMPLETES A WRITTEN EVALUATION OF THE CEO'S PERFORMANCE WHICH IS COMPILED WITH THE OTHER EVALUATIONS AND PRESENTED AND DISCUSSED WITH THE CEO. COMPENSATION FOR THE NEXT YEAR IS PART OF THIS EVALUATION AND DISCUSSION PROCESS. THE COMPENSATION OF THE ASSISTANT GENERAL MANAGER/COO IS DETERMINED BY THE GENERAL MANAGER/CEO AFTER CONSIDERING PERFORMANCE, MARKET DATA AND YEARS OF SERVICE. THE COMPENSATION OF OTHER MANAGEMENT EMPLOYEES IS DETERMINED BY THE GENERAL MANAGER/CEO AND THE ASSISTANT GENERAL MANAGER/COO AFTER CONSIDERING PERFORMANCE, MARKET DATA AND YEARS OF SERVICE. THE PROCESS FOR DETERMINING COMPENSATION WAS UNDERTAKEN IN 2010. | FORM 990, PART VI, SECTION B, LINE 15A | |
| THESE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | RETIREMENT OF CAPITAL CREDITS -91,551. TOTAL TO FORM 990, PART XI, LINE 5: -91,551. | FORM 990, PART XI, LINE 5: |
| NUMBER OF EMPLOYEES ON WAGE AND TAX STATEMENT: | HILL COUNTY ELECTRIC COOPERATIVE, INC, IS THE COMMON PAYMASTER FOR TWO AFFILIATED, UNRELATED ORGANIZATIONS. AS SUCH, THE NUMBER OF EMPLOYEES REPORTED ON FORM W-3 INCLUDES THREE COMPANIES. | FORM 990, PART V, LINE 2A |
| OFFICER COMPENSATION | THE COMPENSATION OF THE GENERAL MANAGER/CEO, ASSISTANT GENERAL MANAGER/COO, AND CONTROLLER IS PAID BY HILL COUNTY ELECTRIC COOPERATIVE, INC. OF THAT AMOUNT, 81% OF GROSS WAGES AND BENEFITS FOR THE GENERAL MANAGER/CEO AND THE ASSISTANT GENERAL MANAGER/COO, AND 71% OF GROSS WAGES AND BENEFITS FOR THE CONTROLLER ARE REIMBURSED BY AFFILIATED, UNRELATED TELEPHONE COOPERATIVES THROUGH A SHARED MANAGEMENT AGREEMENT. HOURS WORKED FOR OTHER ORGANIZATIONS WERE AS FOLLOWS: GENERAL MANAGER/CEO - 40 ASSISTANT GENERAL MANAGER/COO - 36 CONTROLLER - 32 | FORM 990, PART VII, SECTION A |
| OTHER COMPENSATION | INCLUDED IN OTHER COMPENSATION IS THE ESTIMATED CURRENT YEAR INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN FOR THE GENERAL MANAGER. THE CURRENT YEAR INCREASE OR DECREASE DOES NOT REPRESENT CURRENT YEAR CONTRIBUTIONS TO THE PLAN. RATHER, IT IS AN ESTIMATE OF THE INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE PLAN AS CALCULATED BY THE PLAN ADMINISTRATOR. | FORM 990, PART VII, COLUMN F, OTHER COMPENSATION: |
| ALLOCATED AND OTHER EXPENSE | THE LABOR, PENSION AND PAYROLL TAXES REPORTED ON LINES 6-10 ARE INCLUDED IN DISTRIBUTION EXPENSE, ADMINISTRATIVE & GENERAL EXPENSE AND CUSTOMER EXPENSE. THEREFORE, LABOR, PENSION AND PAYROLL TAXES ARE SHOWN AS A REDUCTION TO OTHER EXPENSES ON LINE 24E. | FORM 990, PART IX, LINE 24E STATEMENT OF FUNCTIONAL EXPENSES: |