STRATEGY STUDIO / PUBLIC DATA EXPLORER

OSAGE VALLEY ELECTRIC COOPERATIVE ASSOCIATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
OSAGE VALLEY ELECTRIC COOPERATIVE ASSOCIATION (EIN 44-0378635)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-08-25
IRS object ID
201122379349300212
Schema version
2010v3.4
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

FieldValueIRS element (for citing)
Timestamp2011-08-25T11:25:17-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Schmidt and Company LLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11701 SW US Highway 40AddressLine1
CityBlue SpringsCity
StateMOState
ZIP Code64015ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN440378635EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1OSAGE VALLEY ELECTRIC COOPERATIVEBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlOSAGNameControl

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 470AddressLine1
CityButlerCity
StateMOState
ZIP Code64730ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDARYL VEATCHName
TitleMANAGERTitle
Phone6606793131Phone
Date Signed2011-08-25DateSigned
Authorize Third PartyfalseAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameRoger Schmidt JrName
Phone8162290277Phone
Date Prepared2011-08-25DatePrepared
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonDARYL VEATCHNameOfPrincipalOfficerPerson
Gross Receipts29507002GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501cXOrganization501c
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1938YearFormation
State Legal DomicileMOStateLegalDomicile
Activity Or Mission DescriptionDistribution of electricity to rural membersActivityOrMissionDescription
Nbr Voting Members Governing Body9NbrVotingMembersGoverningBody
Nbr Independent Voting Members9NbrIndependentVotingMembers
Total Nbr Employees61TotalNbrEmployees
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year27871923ProgramServiceRevenuePriorYear
Program Service Revenue CY29163110ProgramServiceRevenueCY
Investment Income Prior Year314505InvestmentIncomePriorYear
Investment Income Current Year343892InvestmentIncomeCurrentYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year28186428TotalRevenuePriorYear
Total Revenue Current Year29507002TotalRevenueCurrentYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year25683609OtherExpensePriorYear
Other Expenses Current Year26992422OtherExpensesCurrentYear
Total Expenses Prior Year25683609TotalExpensesPriorYear
Total Expenses Current Year26992422TotalExpensesCurrentYear
Revenues Less Expenses Prior Year2502819RevenuesLessExpensesPriorYear
Revenues Less Expenses CY2514580RevenuesLessExpensesCY
Total Assets BOY65321706TotalAssetsBOY
Total Assets EOY67847038TotalAssetsEOY
Total Liabilities BOY40593432TotalLiabilitiesBOY
Total Liabilities EOY41533592TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY24728274NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY26313446NetAssetsOrFundBalancesEOY
Mission DescriptionDistribution of electricity to rural membersMissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense26992422Expense
Revenue29334820Revenue
DescriptionSold and distributed electricity to rural membersDescription
Total Program Service Expense26992422TotalProgramServiceExpense
Described In501 C3falseDescribedIn501C3
Schedule B RequiredfalseScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvesttrueReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmtfalseIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees61NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Gross Income From Members27780853GrossIncomeFromMembers
Gross Income Other Sources523579GrossIncomeOtherSources
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members9NbrVotingGoverningBodyMembers
Number Independent Voting Members9NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholderstrueMembersOrStockholders
Election Of Board MemberstrueElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodyfalseForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OthertrueCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Written Policy Or ProcedurefalseWrittenPolicyOrProcedure
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonDARYL VEATCHNamePerson
Telephone Number6606793131TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1PO BOX 470AddressLine1
CityButlerCity
StateMOState
ZIP Code64730ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationKey EmployeeKeyEmployee
CHELLE BLACK
ASST SEC3.00XX849300
DAVID RAPP
SECOND VP3.00X15888
JACK BAKER
DIR11.00X17286
KENNETH KNIGHT
VP3.00XX8793
MICHAEL CHAPMAN
SECOND VP3.00XX9857
P D KIRCHER
PRES16.00XX16786
PAUL ROSS
DIR3.00X15686
RAY HEUSER
DIR3.00X15289
RICHARD WIRSIG
DIR3.00X8296
RON STEUCK
SEC-TREAS3.00XX15182
DARYL VEATCH
ASST MGR50.00X95551
JON MCCLURE
MANAGER50.00X142696X
FieldValueIRS element (for citing)
Total Reportable Comp From Org369803TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

FieldValueIRS element (for citing)
Name PersonHUNHOLZ TREE SERVICENamePerson

Address Of Contractor AddressOfContractor

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1RR1 BOX 281 AAAddressLine1
CityAdrianCity
StateMOState
ZIP Code64720ZIPCode
FieldValueIRS element (for citing)
Description Of ServicesROWDescriptionOfServices
Compensation189525Compensation
FieldValueIRS element (for citing)
Number Of Contractors GT100 K1NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeExclusionExclusionAmount
Sales of electricity2210002795092827950928
Other revenue22100021072107
Pole rental221000172182$172,182
Patronage Cap Credits22100010378931037893
FieldValueIRS element (for citing)
Total Program Service Revenue29163110TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column343892TotalRevenueColumn
Exclusion$343,892ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column29507002TotalRevenueColumn
Related Or Exempt Function Income28990928RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$516,074ExclusionAmount

Interest Interest

FieldValueIRS element (for citing)
Total2015097Total
Program Services2015097ProgramServices

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total1740478Total
Program Services1740478ProgramServices

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServices
Cost of power purchased1634972516349725
Distribution expense37817743781774
Customer accounts & service10849141084914
Sales exp3901439014
A&G19748091974809

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total6611Total
Program Services6611ProgramServices

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total26992422Total
Program Services26992422ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY263626BOY
EOY439865EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY642534BOY
EOY1696641EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY2956770BOY
EOY2845967EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY522955BOY
EOY521015EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY137297BOY
EOY134645EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis64250935LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec14680363LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY47959795BOY
EOY49570572EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY12838729BOY
EOY12638333EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY65321706BOY
EOY67847038EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY2273749BOY
EOY3411501EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY37171762BOY
EOY36954931EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY1147921BOY
EOY1167160EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY40593432BOY
EOY41533592EOY
FieldValueIRS element (for citing)
Do Not Follow SFAS117XDoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

FieldValueIRS element (for citing)
BOY24728274BOY
EOY26313446EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY24728274BOY
EOY26313446EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY65321706BOY
EOY67847038EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses2514580ReconcilationRevenueExpenses
Reconcilation Other Changes-929408ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedfalseFSAudited
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Investment Cost Or Other Basis64250935InvestmentCostOrOtherBasis
Depreciation14680363Depreciation
Book Value49570572BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings49570572TotalOfBookValueLandBuildings

Investments Program Related InvestmentsProgramRelated (5 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
Subsidiary investment90972C
Associated Org-Patronage Capit8634233C
Associated Org-Nongeneral fund771591C
Other investments3141487C
Special funds50C
FieldValueIRS element (for citing)
Total Of Book Value Program Related12638333TotalOfBookValueProgramRelated

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescriptionAmountAmount
Capital Leases$469,895
Consumer deposits$282,821
Deferred credits$414,444
FieldValueIRS element (for citing)
Total Of Amounts1167160TotalOfAmounts

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifierExplanationExplanation
01. Members or stockholder classes and rights (Part VI, line 6)Member owned electric cooperative
02. Member election for additional members (Part VI, line 7a)Each member of the cooperative shall be entitled to vote in the election of the board of directors Board consists of 9 directors who are elected by the membership
03. Form 990 governing body review (Part VI, line 11)Board Management and paid preparer review drafts of form 990 prior to efiling Board reviews annual filings at monthly meetings
04. Conflict of interest policy compliance (Part VI, line 12c)Board of directors and Management review policies annually at board meetings Employees sign review roster
05. CEO, executive director, top management comp (Part VI, line 15a)The Board of Directors annually review and evaluate the Managers performance and establish compensation level for Manager Data concerning compensation is gathered using NRECA wage surveys and comparing like-cooperatives in the region
06. Other officer or key employee compensation (Part VI, line 15bManager reviews and evaluates performance of all other staff and establishes compensation levels for those staff in accordance with budgeted amounts and NRECA wage surveys Wages are presented to the Board of Directors by Manager
07. Governing documents, etc, available to public (Part VI, line 19)Governing documents and financial statements are made available to the public upon request
08. Explanation of other changes in net assets or fund balances (Part XI, line 5)Other changes in net assets include changes in memberships donated capital capital credits gain and patrons capital credits during the year

Schedule R IRS990ScheduleR

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

FieldValueIRS element (for citing)
Business Name Line1OSAGE VALLEY TECHNOLOGIES LLCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11321 N ORANGEAddressLine1
CityButlerCity
StateMOState
ZIP Code647300151ZIPCode
FieldValueIRS element (for citing)
EIN141876332EIN
Primary ActivityTELECOMMUNICATIONSPrimaryActivity
Legal Domicile StateMOLegalDomicileState

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1
FieldValueIRS element (for citing)
Type Of EntityS CorpTypeOfEntity