2011-11-15T16:34:26-05:00 2010-12-31 BKD LLP PO BOX 3667 LITTLE ROCK AR 722033667 990 2010-01-01 440488595 WHITE RIVER VALLEY ELECTRIC COOPERATIVE INC WHIT 4173359335 PO BOX 969 BRANSON MO 65616 RODAN A ROMINE 2011-11-14 true 5013721040 2010 2016-02-24 21:20:13Z X CHRISTOPHER L HAMON 4313 STATE HWY J KIRBYVILLE MO 65679 85760977 false X WWW.WHITERIVER.ORG X 1939 MO TO PROVIDE SAFE, RELIABLE, AFFORDABLE, & ENVIRONMENTALLY FRIENDLY ELECTRIC UTILITY TO OUR MEMBERS AND ELECTRIC COOPERATIVE. TO BE THE ELECTRIC UTILITY PARTNER OF CHOICE IN THE SERVICE AREA. X 9 9 150 0 0 0 0 0 78973460 84821632 1066496 552521 85055 94416 80125011 85468569 10077 6250 0 0 9308796 11397849 0 0 0 63155383 68678189 72474256 80082288 7650755 5386281 238174107 0 148787179 0 89386928 0 TO PROVIDE SAFE, RELIABLE, AFFORDABLE AND ENVIRONMENTALLY FRIENDLY ELECTRIC UTILITY TO OUR MEMBERS AND ELECTRIC COOPERATIVE. TO BE THE ELECTRIC UTILITY PARTNER OF CHOICE IN WHITE RIVER VALLEY ELECTRIC COOPERATIVE'S SERVICE AREA. false false RETAIL SALE OF ELECTRICITY TO 42,621 MEMBERS OF THE COOPERATIVE false false true false false false false false true true false true false false false true false false false false false false false false false true false true false false false false false true false false true false false true true true false true 99 0 true 150 true false false false false false 84821632 646937 false X 9 9 true false false false true true true true true false true true true true true true true true true true false MO X RODAN A ROMINE 4173359335 2449 STATE HWY 76 EAST BRANSON MO 65616 WILLIAM J COOK 10.0 X 32074 0 0 LAYNE MORRILL 30.0 X X 31247 0 0 GEORGE SIMPSON 4.0 X X 29086 0 0 RUSSELL LOFTIN 10.0 X 32100 0 0 JOE W BRAZEALE 5.0 X X 23947 0 0 BOB R SIMMONS 6.0 X 14450 0 0 PAT FUNK 12.0 X 30868 0 0 KEET SHORT 12.0 X 35075 0 0 RUSSELL JACKSON 5.0 X 17148 0 0 CHRISTOPHER HAMON 48.0 X 236358 0 188173 RODAN A ROMINE 45.0 X 108307 0 92821 WILLIAM R DAVIS 50.0 X 125408 0 63862 KENNY BILYEU 45.0 X 107063 0 125692 JOHN BRUNS 45.0 X 105211 0 98502 GLENDA G YOUNGBLOOD 45.0 X 104196 0 56304 ROBERT R JOHNSTON 45.0 X 102342 0 66509 1134880 0 691863 7 false true false SOUTHERN CONSTRUCTION 551 STATE HWY W AVA MO 65608 CONTRACTOR 3324041 WILLIAMS CONSTRUCTION 2219-A E DIVISION SPRINGFIELD MO 65803 CONTRACTOR 7870513 NISC PO BOX 1147 MANDAN ND 58554 SOFTWARE VENDOR 573276 DITCH BIZ 2262 STATE HWY PP FORDLAND MO 65652 UTILITY LOCATOR 257411 4 0 SALES OF ELECTRICITY 221000 82080214 82080214 PATRONAGE CAPITAL 221000 2741418 2741418 84821632 365868 365868 0 0 50625 0 50625 50625 50625 461345 274692 186653 186653 186653 0 0 18343 17716 627 627 AMORTIZATION OF GAIN ON REACQUIRED DEBT 900099 43164 43164 43164 85468569 84821632 646937 6250 0 0 0 871654 0 10410494 115701 0 0 0 45284 0 0 0 0 2593815 0 1992239 535881 0 0 311379 0 129924 6177304 0 6472370 150610 PURCHASED POWER 43112074 TAXES - PROPERTY & OTHER 1127913 REPAIRS & MAINTENANCE 394244 EQUITY IN EARNINGS OF SUBS 3628494 BAD DEBT EXPENSE 265367 1741291 80082288 27421586 0 16131418 0 1835619 0 1974187 0 54404 0 0 0 169858448 0 264134 0 20634311 0 238174107 0 6877340 0 140204180 0 1705659 0 148787179 0 X 89386928 0 89386928 0 238174107 0 X 5386281 -94773209 X false true true X false 1000 0 0 1000 1000 true AMECPAC 2722 E MCCARTY STREET JEFFERSON CITY MO 65102 431441879 1000 POLITICAL CAMPAIGN ACTIVITIES SCH. C, PART 1-A, LINE 1 CONTRIBUTION TO AMECPAC LOBBY GROUP 540657 540657 8929961 2148545 6781416 213698957 53723667 159975290 14980999 14980999 182278362 0 OTHER ACCOUNTS RECEIVABLE 0 PATRONAGE CAPITAL ASSOC COOPS 0 SPECIAL FUNDS 0 OTHER ASSETS 0 0 85468569 80082288 5386281 5386281 85443121 17716 17716 85425405 43164 43164 85468569 80056840 17716 17716 80039124 43164 43164 80082288 REVENUE ON BOOKS NOT ON RETURN FORM 990, SCHEDULE D, PART XII, LINE 2D COST OF GOODS SOLD 17,716 REVENUE ON RETURN NOT ON BOOKS FORM 990, SCHEDULE D, PART XII, LINE 4B AMORTIZATION OF GAIN 43,164 EXPENSES ON BOOKS NOT ON RETURN FORM 990, SCHEDULE D, PART XIII, LINE 2D COST OF GOODS SOLD 17,716 EXPENSES ON RETURN NOT ON BOOKS FORM 990, SCHEDULE D, PART XIII, LINE 4B AMORTIZATION OF GAIN 43,164 true X PROCEDURES FOR MONITORING USE OF GRANT FUNDS FORM 990, SCHEDULE I, PART I GRANTS AND ASSISTANCE PAID BY WHITE RIVER VALLEY ELECTRIC COOPERATIVE, INC. ARE DE MINIMIS IN AMOUNT. BEFORE A GRANT IS MADE, THE ORGANIZATION GOES THROUGH A SELECTION PROCESS THAT ELIMINATES THE NEED FOR FUTURE MONITORING. X true true X X X false false false CHRISTOPHER HAMON 236358 0 0 0 0 0 171003 0 17170 0 424531 0 0 0 WILLIAM R DAVIS 125408 0 0 0 0 0 47586 0 16276 0 189270 0 0 0 RODAN A ROMINE 108307 0 0 0 0 0 76973 0 15848 0 201128 0 0 0 KENNY BILYEU 107063 0 0 0 0 0 119415 0 6277 0 232755 0 0 0 JOHN BRUNS 105211 0 0 0 0 0 82487 0 16015 0 203713 0 0 0 GLENDA G YOUNGBLOOD 104196 0 0 0 0 0 40336 0 15968 0 160500 0 0 0 ROBERT R JOHNSTON 102342 0 0 0 0 0 50073 0 16436 0 168851 0 0 0 TRAVEL FOR COMPANIONS FORM 990, SCHEDULE J, LINES 1A & 1B THE ORGANIZATION HAS A WRITTEN POLICY THAT STATES THE CEO MUST APPROVE TRAVEL FOR COMPANIONS. IT HAS A PROCESS FOR DETERMINING THE BONA FIDES OF SPOUSAL TRAVEL FOR BUSINESS PURPOSES. IN THE EVENT THAT TRAVEL OCCURS, THE AMOUNT DETERMINED TO BE TAXABLE WOULD BE INCLUDED IN THE RECEIPIENT'S FORM W-2 OR 1099. KAMO ELECTRIC COOPERATIVE INC COMMON DIRECTOR, MORRILL 40365316 POWER PURCHASED false SHO-ME POWER CORPORATION COMMON DIRECTOR, HAMON 7509102 POWER PURCHASED false SEE SUPPLEMENTAL INFORMATION false false false false true false false false false EXPLANATION OF TERMINATION SCHEDULE N WHITE RIVER VALLEY ELECTRIC COOPERATIVE (THE "ORGANIZATION") REQUESTED A PRIVATE LETTER RULING FROM THE IRS WITH RESPECT TO THE TERMINATION OF THE ORGANIZATION'S STATUS AS A TAX-EXEMPT ELECTRIC COOPERATIVE UNDER SECTION 501(C)(12) OF THE INTERAL REVENUE CODE EFFECTIVE AS OF JANUARY 1, 2011 AND REMAINING AS A TAXABLE ENTITY UNTIL SUCH TIME THE ORGANIZATION SATISFIES THE REQUIREMENTS OF SECTION 501(C)(12) AND APPLIES FOR AND RECEIVES A DETERMINATION LETTER FROM THE IRS THAT IT IS A TAX-EXEMPT COOPERATIVE UNDER SECTION 501(C)(12). MANAGEMENT BELIEVES THAT THE IRS NATIONAL OFFICE HANDLING THE PRIVATE LETTER RULING REQUEST WILL ULTIMATELY ISSUE A FAVORABLE PRIVATE LETTER RULING. IN PREVIOUS PRIVATE LETTER RULINGS, ORGANIZATIONS HAVE BEEN INSTRUCTED TO CHECK BOX B OF THE FORM 990 AND TO PROVIDE THIS INFORMATION ON SCHEDULE N. BASED UPON THE NATIONAL OFFICE'S INSTRUCTIONS IN PREVIOUS PRIVATE LETTER RULINGS, THE TAXPAYER IS FILING THIS FORM 990, SCHEDULE N, PART III. IF THE IRS APPROVES THE REQUEST FOR AN EFFECTIVE DATE OF JANUARY 1, 2011. THERE IS NO ACTUAL DISTRIBUTION OR TRANSFER OF ASSETS. THE ORGANIZATION IS MERELY CHANGING CLASSIFICATION FROM A TAX-EXEMPT TO A TAXABLE ENTITY. THE ORGANIZATION WILL NOTIFY THE SECRETARY OF STATE AS SOON AS POSSIBLE, BUT HAD NOT DONE SO AT THE TIME OF FILING THIS FORM 990. THE ORGANIZATION WILL CONTINUE TO BE MANAGED BY THE SAME BOARD OF DIRECTORS, OFFICERS AND KEY EMPLOYEES. THERE WILL BE NO CHANGE IN OWNERSHIP OR MANAGEMENT OF THE ORGANIZATION. GOVERNING BODY & MANAGEMENT FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIP - CHRIS HAMON, ROD ROMINE, BOB SIMMONS, KEET SHORT, AND LAYNE MORRILL ARE TRUSTEES OF SKAGGS REGIONAL MEDICAL CENTER AND/OR DIRECTORS OF SKAGGS FOUNDATION. CLASSES OF MEMBERS OF THE ORGANIZATION FORM 990, PART VI, SECTION A, LINE 6 THERE IS ONLY ONE CLASS OF MEMBERS. ALL MEMBERS HAVE ONE VOTE EACH. THE MEMBERS ELECT THE GOVERNING BODY AND APPROVE WHETHER THE COMPANY CAN BE SOLD. ELECTION OF GOVERNING BODY FORM 990, PART VI, SECTION A, LINE 7A THERE IS ONLY ONE CLASS OF MEMBERS. ALL MEMBERS HAVE ONE VOTE EACH. THE MEMBERS ELECT THE GOVERNING BODY. DECISIONS OF THE GOVERNING BODY SUBJECT TO APPROVAL BY MEMBERS FORM 990, PART VI, SECTION A, LINE 7B AS SET OUT IN THE BYLAWS OF THE ORGANIZATION, THE MEMBERS VOTE, BY BALLOT, ON WHETHER THE COMPANY CAN BE SOLD. THERE IS ONLY ONE CLASS OF MEMBERS. FORM 990 REVIEW PROCESS FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CEO, CFO, AND ACCOUNTING MANAGER EACH PERFORM AN INDEPENDENT REVIEW OF FORM 990. AFTER THE CEO, CFO, AND ACCOUNTING MANAGER APPROVE FORM 990, A COPY OF THE FORM IS DISTRIBUTED TO ALL DIRECTORS AND OFFICERS PRIOR TO FILING. PRACTICE FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONDUCTS PERIODIC BOARD & OPERATIONAL POLICY REVIEWS. WITHIN THESE REVIEWS/UPDATES, THE CONFLICT OF INTEREST POLICY, PURCHASE PROCEDURES, ACCOUNTABILITY, AND OVERVIEW ARE EXAMINED. COMPENSATION DETERMINATION PROCESS FORM 990, PART VI, SECTION B, LINES 15A & 15B IN 2008, AN INDEPENDENT REVIEW OF THE CEO'S COMPENSATION AMOUNT WAS CONDUCTED BY THE BOARD OF DIRECTORS. THE REVIEW WAS CONDUCTED USING COMPARABILITY DATA PUBLISHED BY NRECA. THE COMPARABILITY DATA REPORTS NATIONAL AND REGIONAL SALARIES BY COOPERATIVE SIZE, NUMBER OF MEMBERS, NUMBER OF METERS, AND NUMBER OF EMPLOYEES. THE SAME COMPARABILITY DATA WAS USED BY THE CEO TO CONDUCT AN ANNUAL REVIEW OF TOP MANAGEMENT OFFICIALS' COMPENSATION. TOP MANAGEMENT OFFICIALS THEN CONDUCT ANNUAL COMPENSATION REVIEWS OF KEY EMPLOYEES IN THEIR DEPARTMENTS. AVAILABILITY OF CERTAIN ORGANIZATIONAL DOCUMENTS FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 5 CHANGE IN MEMBERSHIP FEES (8,215) CHANGE IN DONATED CAPITAL (1,748) RETIREMENT OF CAPITAL CREDITS (14,843,078) TAX EXEMPT STATUS TERMINATION (79,920,168) --------------- OTHER CHANGES IN NET ASSETS (94,773,209) EXPLANATION OF TERMINATION FORM 990, ITEM B WHITE RIVER VALLEY ELECTRIC COOPERATIVE (THE "ORGANIZATION") REQUESTED A PRIVATE LETTER RULING FROM THE IRS WITH RESPECT TO THE TERMINATION OF THE ORGANIZATION'S STATUS AS A TAX-EXEMPT ELECTRIC COOPERATIVE UNDER SECTION 501(C)(12) OF THE INTERAL REVENUE CODE EFFECTIVE AS OF JANUARY 1, 2011 AND REMAINING AS A TAXABLE ENTITY UNTIL SUCH TIME THE ORGANIZATION SATISFIES THE REQUIREMENTS OF SECTION 501(C)(12) AND APPLIES FOR AND RECEIVES A DETERMINATION LETTER FROM THE IRS THAT IT IS A TAX-EXEMPT COOPERATIVE UNDER SECTION 501(C)(12). MANAGEMENT BELIEVES THAT THE IRS NATIONAL OFFICE HANDLING THE PRIVATE LETTER RULING REQUEST WILL ULTIMATELY ISSUE A FAVORABLE PRIVATE LETTER RULING. IN PREVIOUS PRIVATE LETTER RULINGS, ORGANIZATIONS HAVE BEEN INSTRUCTED TO CHECK BOX B OF THE FORM 990. IF THE IRS APPROVES THE REQUEST FOR AN EFFECTIVE DATE OF JANUARY 1, 2011. THERE IS NO ACTUAL DISTRIBUTION OR TRANSFER OF ASSETS. THE ORGANIZATION IS MERELY CHANGING CLASSIFICATION FROM A TAX-EXEMPT TO A TAXABLE ENTITY. THE ORGANIZATION WILL NOTIFY THE SECRETARY OF STATE AS SOON AS POSSIBLE, BUT HAD NOT DONE SO AT THE TIME OF FILING THIS FORM 990. THE ORGANIZATION WILL CONTINUE TO BE MANAGED BY THE SAME BOARD OF DIRECTORS, OFFICERS AND KEY EMPLOYEES. THERE WILL BE NO CHANGE IN OWNERSHIP OR MANAGEMENT OF THE ORGANIZATION. THE ORGANIZATION WILL CONTINUE TO BE MANAGED BY THE SAME BOARD OF DIRECTORS, OFFICERS AND KEY EMPLOYEES. THERE WILL BE NO CHANGE IN OWNERSHIP OR MANAGEMENT OF THE ORGANIZATION. WHITE RIVER VALLEY ELECTRIC TRUST INC PO BOX 969 BRANSON MO 656150969 431629456 FINANCIAL MO 501(C)(3) 9 NA WHITE RIVER VALLEY ELECTRIC SERVICE CO PO BOX 969 BRANSON MO 65616 431428921 SERVICE SALES MO NA C CORP -711 4070 1.00000 ROARK WATER & SEWER INC PO BOX 969 BRANSON MO 65616 431666278 WATER & SEWER MO NA C CORP -3688537 2219724 1.00000 WHITE RIVER ENVIRONMENTAL SERVICES LLC PO BOX 969 BRANSON MO 65616 431877088 CONSULTING MO NA C CORP -17754 638187 1.00000 WHITE RIVER TECHNOLOGIES LLC PO BOX 969 BRANSON MO 65616 731791421 TELECOMMUNICA MO NA C CORP 78508 622660 1.00000 true false false true false true false false true false true false false false false false false false WHITE RIVER TECHNOLOGIES LLC K 63221 WHITE RIVER TECHNOLOGIES LLC D 244411 ROARK WATER AND SEWER INC D 5624010 WHITE RIVER ENVIRONMENTAL SERVICES LLC A 55409 WHITE RIVER ENVIRONMENTAL SERVICES LLC D 1295375