FLATHEAD ELECTRIC COOPERATIVE INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: FLATHEAD ELECTRIC COOPERATIVE INC (EIN 81-0135783)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-05-25
IRS object ID: 201121459349300717
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
Form 990
Schedule D
Schedule J
Schedule K
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-25T15:21:45-07:00	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	DECORIA MAICHEL AND TEAGUE PS	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	7307 N DIVISION ST	AddressLine1
City	SPOKANE	City
State	WA	State
ZIP Code	992086545	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	810135783	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	Flathead Electric Cooperative Inc	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	FLAT	NameControl
Phone	4067514483	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2510 US Highway 2 East	AddressLine1
City	Kalispell	City
State	MT	State
ZIP Code	59901	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Duane Braaten	Name
Title	Secretary/Treas	Title
Date Signed	2011-05-25	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Micheal A DeCoria	Name
Phone	5095353503	Phone

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	Kenneth Sugden	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	2510 US Highway 2 East	AddressLine1
City	Kalispell	City
State	MT	State
ZIP Code	59901	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	89061877	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c	X	Organization501c
Web Site	www.flatheadelectric.com	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1937	YearFormation
State Legal Domicile	MT	StateLegalDomicile
Activity Or Mission Description	To provide rural electrical power distribution to members in our service area.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	186	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	86511381	ProgramServiceRevenuePriorYear
Program Service Revenue CY	86395823	ProgramServiceRevenueCY
Investment Income Prior Year	1382170	InvestmentIncomePriorYear
Investment Income Current Year	1568374	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1038618	OtherRevenuePriorYear
Other Revenue Current Year	1097680	OtherRevenueCurrentYear
Total Revenue Prior Year	88932169	TotalRevenuePriorYear
Total Revenue Current Year	89061877	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	15849631	SalariesEtcPriorYear
Salaries Etc Current Year	16556875	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	65095923	OtherExpensePriorYear
Other Expenses Current Year	66140730	OtherExpensesCurrentYear
Total Expenses Prior Year	80945554	TotalExpensesPriorYear
Total Expenses Current Year	82697605	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	7986615	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	6364272	RevenuesLessExpensesCY
Total Assets BOY	230567581	TotalAssetsBOY
Total Assets EOY	246783190	TotalAssetsEOY
Total Liabilities BOY	180313008	TotalLiabilitiesBOY
Total Liabilities EOY	192635463	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	50254573	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	54147727	NetAssetsOrFundBalancesEOY
Mission Description	To provide rural electrical power distribution to members in our service area.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	Distribution of electrical power to over 47,000 members in and around the Flathead Valley, Libby, Elk Basin and Cooke City, Montana.	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	true	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	145	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	186	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Form990-T Filed	false	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Form8886 T Filed	false	Form8886TFiled
Non Deductible Contributions	false	NonDeductibleContributions
Non Deductible Disclosure	false	NonDeductibleDisclosure
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Gross Income From Members	86395823	GrossIncomeFromMembers
Gross Income Other Sources	2666054	GrossIncomeOtherSources
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Form720 Filed	false	Form720Filed
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	true	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Policies Reference Chapters	false	PoliciesReferenceChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Written Policy Or Procedure	false	WrittenPolicyOrProcedure
States Where Copy Of Return Is Filed	MT	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Tod Young	NamePerson
Telephone Number	4067514483	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	2510 US Highway 2 East	AddressLine1
City	Kalispell	City
State	MT	State
ZIP Code	59901	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (15 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Highest Compensated EmployeeHighestCompensatedEmployee
Tod Young
Dir. of Finance	50.00	X	95325	0	63271
Paul Holland
Trustee	19.00		26489	0	0	X
Mark Johnson
Assistant Mgr.	47.00	X	139292	0	85441
Kenneth Sugden
General Manager	55.00	X	259396	0	148931
Jay Downen
Trustee	13.00		15402	0	0	X
George Taylor
President	18.00	X	24458	0	0	X
Frank Kauzlarich
Foreman Lineman	46.00		102019	0	45331		X
Emery Smith
Trustee	24.00		29449	0	0	X
Earl Messick
Trustee	13.00		23814	0	0	X
Duane Braaten
Secretary/Treas	12.00	X	22320	0	0	X
Doug Grob
Trustee	25.00		29449	0	0	X
Dave Biggar
Operations Superin	50.00		142607	0	117395		X
Dan Anderson
Director of engine	40.00		101117	0	84059		X
Chris Byrd
Vice President	17.00	X	24448	0	2909	X
Alan Ruby
Trustee	14.00		29747	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1065332	TotalReportableCompFromOrg
Total Other Compensation	547337	TotalOtherCompensation
Number Individuals GT100 K	5	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
Swank Enterprises
PO Box 568	Valier	MT	594863294	Building Remodel	2597712
Rocky Mountain Contractors
PO Box 8688	Kalispell	MT	599011688	Plant Construction	572821
NISC
One Innovation Circle	Lake St Louis	MO	63367	CIS/ABS System	680670
Mountain Power Construction Co
5299 N Pleasant View Rd	Post Falls	ID	838540968	Plant Construction	817130
Aspen Forestry Inc
745 Capitrano Dr	Kalispel	MT	599011074	Right of way Clearin	533946

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	22	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	Sale of electricity	Description
Business Code	221000	BusinessCode
Total Revenue Column	86395823	TotalRevenueColumn
Related Or Exempt Function Income	86395823	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	86395823	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	1505859	TotalRevenueColumn
Related Or Exempt Function Income	1505859	RelatedOrExemptFunctionIncome

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Personal	426471	Personal

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Personal	426471	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	426471	TotalRevenueColumn
Exclusion	$426,471	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Other	62515	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	62515	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	62515	TotalRevenueColumn
Related Or Exempt Function Income	62515	RelatedOrExemptFunctionIncome

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	Other operating revenue	Description
Business Code	221000	BusinessCode
Total Revenue Column	671209	TotalRevenueColumn
Related Or Exempt Function Income	671209	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	671209	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	89061877	TotalRevenueColumn
Related Or Exempt Function Income	88635406	RelatedOrExemptFunctionIncome
Exclusion	$426,471	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	1020141	Total

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	9818924	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	2858999	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	2018794	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	840017	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	43646	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	26050	Total

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	0	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	251756	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	1203665	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	0	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	8548295	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	8189282	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	514924	Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal
Taxes	4211784
Member accounts and services	3362661
Distribution expense	8026618
Cost of power	45359647
Administrative and general	4572422

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	-18170020	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	82697605	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	49596	BOY
EOY	92048	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
EOY	0	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	11217084	BOY
EOY	13371069	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	140299	BOY
EOY	57986	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	1015524	BOY
EOY	909890	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	952792	BOY
EOY	898280	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	311066476	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	87742961	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	209719091	BOY
EOY	223323515	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	181912	BOY
EOY	256713	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	7218769	BOY
EOY	7816926	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	72514	BOY
EOY	56763	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
EOY	0	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	230567581	BOY
EOY	246783190	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	12907170	BOY
EOY	12679452	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	140727298	BOY
EOY	161117606	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	14149882	BOY
EOY	6420786	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	12528658	BOY
EOY	12417619	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	180313008	BOY
EOY	192635463	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	1667153	BOY
EOY	1774024	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	48587420	BOY
EOY	52373703	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	50254573	BOY
EOY	54147727	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	230567581	BOY
EOY	246783190	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	6364272	ReconcilationRevenueExpenses
Reconcilation Other Changes	-2471118	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired
Federal Grant Audit Performed	false	FederalGrantAuditPerformed

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	4451411	OtherCostOrOtherBasis
Book Value	4451411	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	16061654	OtherCostOrOtherBasis
Depreciation	3098120	Depreciation
Book Value	12963534	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	237113	OtherCostOrOtherBasis
Depreciation	54456	Depreciation
Book Value	182657	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	16825285	OtherCostOrOtherBasis
Depreciation	9275002	Depreciation
Book Value	7550283	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	273491013	OtherCostOrOtherBasis
Depreciation	75315383	Depreciation
Book Value	198175630	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	223323515	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	Deferred credits	Description
Amount	$12,417,619	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	12417619	TotalOfAmounts
Total Revenue	89061877	TotalRevenue
Total Expenses	82697605	TotalExpenses
Excess Or Deficit For Year	6364272	ExcessOrDeficitForYear
Other	-$2,471,118	OtherAmount
Total Adjustments	-2471118	TotalAdjustments
Excess Or Deficit Per FS	3893154	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	89061877	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	89061877	RevenueSubtotal
Total Revenue Per Form990	89061877	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	82697605	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	82697605	ExpensesSubtotal
Total Expenses Per Form990	82697605	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	Part XI, Line 8	Identifier
Return Reference	Part XI, Line 8: Other Changes in Net Assets or Fund Balances	ReturnReference
Explanation	Additions to other equities $106871 Retirement of capital credits $ -2577989	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Independent Consultant	X	IndependentConsultant
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Bonus Filing OrgBonusFilingOrg	Other Compensation Filing OrgOtherCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
Tod Young
94945	108	272	48469	14802	158596
Mark Johnson
138925	108	259	70263	15178	224733
Kenneth Sugden
213893	40108	5395	136298	12633	408327
Dave Biggar
140682	216	1709	115230	2165	260002
Dan Anderson
100235	108	774	72625	11434	185176

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	Flathead Electric Coopera	BusinessNameLine1

Field	Value	IRS element (for citing)
Issuer EIN	810135783	IssuerEIN
Date Issued	2009-04-28	DateIssued
Issue Price	3500000	IssuePrice
Description Of Purpose	Flathead County Landfill Gas Project	DescriptionOfPurpose
Defeased	false	Defeased
On Behalf Of Issuer	false	OnBehalfOfIssuer

Form990 Schedule K Part II Form990ScheduleKPartII

Field	Value	IRS element (for citing)
Total Proceeds	3500000	TotalProceeds
Capital Expenditures	3500000	CapitalExpenditures
Current Refunding	false	CurrentRefunding
Advance Refunding	false	AdvanceRefunding
Adequate Books And Recds Maintaind	true	AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part III Form990ScheduleKPartIII

Field	Value	IRS element (for citing)
Owning Bond Financed Property	false	OwningBondFinancedProperty
Any Lease Arrangements	false	AnyLeaseArrangements
Mngment Cntrct Bond Financd Prprty	false	MngmentCntrctBondFinancdPrprty
Any Research Agreements	false	AnyResearchAgreements
Bond Counsel Routinely Engaged	true	BondCounselRoutinelyEngaged
Post Issuance Compliance Procdrs	true	PostIssuanceComplianceProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV

Field	Value	IRS element (for citing)
Form8038 T Filed	true	Form8038TFiled
Variable Rate Issue	false	VariableRateIssue
Hedge Identified In Books And Recds	false	HedgeIdentifiedInBooksAndRecds
Gross Proceeds Invested In GIC	false	GrossProceedsInvestedInGIC
Gross Proceeds Invested	false	GrossProceedsInvested
Exception To Rebate	true	ExceptionToRebate

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	The organization responds to member inquiries for information, but generally does not provide printed policies or financial information, in accordance with Board policy. Some documents and information are available on the organization's website. For information not on the organization's website, documents are available for review upon written request.
Form 990, Part VI, Line 15b	Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees	Compensation of other officers or key employees, if any, are determined annually by the General Manager and the Human Resources Director using a salary matrix and written performance evaluations.
Form 990, Part VI, Line 12c	Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts	Management ensures the enforcement of the policy. Management and the Board reviews any potential conflicts of interest, at least annually. Any potential conflicts are discussed with legal council in order to determine the appropriate form of action, if necessary, in accordance with the policy.
Form 990, Part VI, Line 11	Form 990, Part VI, Line 11: Form 990 Review Process	After the Form 990 has been prepared by the independent accountants, management reviews the Form for accuracy and completeness. Once management believes the Form is complete and accurate, the Form is submitted to the Board for their review and approval. Upon receiving their approval, the Form is signed and filed.
Form 990, Part VI, Line 7a	Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body	Each year, the governing body appoints a nominating committee. The nominating committee meets and nominates a slate of candidates to run for election to the governing body. Nominations by petition are also accepted for candidates to run for election to the governing body. There is one class of membership for all members and each is entitled to one vote for electing trustees.
Form 990, Part VI, Line 6	Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder	Members consist of individuals and businesses that receive electric service from the Cooperative. Members receive a share of the Cooperative's margins through an allocation and approved retirement of patronage capital.