2011-11-11T15:41:28-06:00 2010-12-31 AKT LLP 680 HAWTHORNE AVE SE 140 SALEM OR 97301 990 2010-01-01 940775035 PLUMAS-SIERRA RURAL ELECTRIC COOPERATIVE PLUM 5308324261 73233 HWY 70 SUITE A PORTOLA CA 961227064 JUDY MAY 5308324261 2011-11-08 1 KATHY A GORDON CPA 5035857774 2010 2016-03-07 17:11:31Z ROBERT MARSHALL 73233 HWY 70 SUITE A PORTOLA CA 961227064 25421108 0 X WWW.PSLN.COM X 1937 CA PROVIDE ELECTRICAL SERVICE TO COOPERATIVE MEMBERS 7 7 79 0 167412 5277 0 0 24824452 24786908 373263 384100 156265 135875 25353980 25306883 0 0 0 0 500937 0 0 0 0 22529706 22825820 23030643 22825820 2323337 2481063 85473352 90807274 64156617 67127414 21316735 23679860 PROVIDE ELECTRICAL SERVICE TO COOPERATIVE MEMBERS. 0 0 THE COOPERATIVE PROVIDES ELECTRICAL SERVICE TO COOPERATIVE MEMBERS. AS OF DECEMBER 31, 2010,THERE WERE 7,807 CUSTOMERS BILLED FOR SERVICE. 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 X 82 0 79 1 1 1 0 0 0 0 24736036 579010 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X JUDY V MAY CFO 5308324261 73233 HWY 70 STE A PORTOLA CA 961227064 X OLE OLSEN 9.00 X 5305 0 0 MIKE MOORE 5.00 X 6185 0 0 DAVID ROBERTI 7.00 X X 5445 0 0 WILLIAM L ROBINSON 8.00 X X 6165 0 0 TOM HAMMOND 6.00 X 5745 0 0 CHRISTOPHER MILLER 6.00 X X 5465 0 0 DAN KENNEY 8.00 X 6825 0 0 ROBERT MARSHALL 60.00 X 249502 0 97475 JUDY MAY 55.00 X 142103 0 67140 LORI RICE 55.00 X 145082 0 48778 JAMES RICE 55.00 X 149298 0 67854 GREG LOHN 55.00 X 121453 0 60826 PAUL ERWIN 55.00 X 119508 0 52190 BRYAN SHERMAN 50.00 X 120572 0 48048 TERENCE DALEY 55.00 X 156494 0 17531 1245147 0 459842 21 1 1 0 EMCOR ENERGY SERVICES INC 301 MERRITT SEVEN 6TH FLOOR NORWALK CT 06851 ENGINEER/PROCURMNT/CONSTRUC 1960888 D&P TREE SERVICE PO BOX 3805 QUINCY CA 95971 TREE TRIMMING/POLE CLEARING 231400 CRETECRAFT CONCRETE CONSTRUCTION 73880 HWY 70 PORTOLA CA 96122 CONCRETE WORK 166062 3 RESIDENTIAL 221000 11135691 11135691 PUBLIC AUTHORITIES 221000 9470688 9470688 COMMERCIAL LIGHTING 221000 1853304 1853304 MISCELLANEOUS SERVICE 221000 1214470 1214470 IRRIGATION 221000 1077230 1077230 35525 35525 24786908 384100 167412 216688 125143 106062 114225 10918 106062 116980 116980 REIMBURSEMENTS 221000 18895 18895 18895 25306883 24805803 167412 333668 2270220 2091237 COST OF POWER 11494772 DISTRIBUTION COSTS 2616132 GENERAL & ADMINISTRATIV 1791186 CONSUMER ACCOUNTS 907101 PROPERTY TAXES 506879 1148293 22825820 325013 435945 4445 4472 6456091 7483825 224051 245415 103238479 30946783 67966699 72291696 5368648 5509863 5128405 4836058 85473352 90807274 2405576 2625340 800000 950000 58934787 61538642 2016254 2013432 64156617 67127414 X 33220 33110 21283515 23646750 0 0 21316735 23679860 85473352 90807274 X 2481063 -117938 X X 0 1 1 X 0 943387 943387 8134912 927619 7207293 88907054 30019164 58887890 5253126 5253126 72291696 3603560 C FEDERATED INSURANCE STOCK 112382 C PATRONAGE CAPITAL - CFC 346573 C CAPITAL TERM CERTIFICATES - CFC 542791 C MEMBERSHIP FEE - CFC 1000 C GENERAL PACIFIC CAPITAL 5685 C OTHER INVESTMENTS 18348 C RUS CUSHION CREDIT 879524 C 5509863 OTHER ASSETS 166551 MATERIALS & SUPPLIES 1055714 DEFERRED CHARGES 2393746 NCPA RESERVE FUND 1220047 4836058 CONSUMER ADVANCES FOR CONSTRUCTION 18321 CUSTOMER DEPOSITS 218890 DEFERRED CREDITS 1567888 OTHER LIABILITIES - NCPA 208333 2013432 X X X 0 0 0 ROBERT MARSHALL 216103 0 12500 0 20899 0 73139 0 24336 0 346977 0 0 0 JUDY MAY 129027 0 5000 0 8076 0 46373 0 20767 0 209243 0 0 0 LORI RICE 130756 0 5000 0 9326 0 47885 0 893 0 193860 0 0 0 JAMES RICE 130147 0 5000 0 14151 0 47046 0 20808 0 217152 0 0 0 GREG LOHN 93957 0 0 0 27496 0 39440 0 21386 0 182279 0 0 0 PAUL ERWIN 103616 0 0 0 15892 0 31771 0 20419 0 171698 0 0 0 BRYAN SHERMAN 114343 0 0 0 6229 0 27751 0 20297 0 168620 0 0 0 TERENCE DALEY 154559 0 0 0 1935 0 10839 0 6692 0 174025 0 0 0 SCHEDULE R PART V LINE 2A THE TRANSACTIONS REPORTED ON SCHEDULE R ARE VALUED BASED ON THEIR CASH VALUE. FORM 990, PART VI, SECTION A, LINE 6 A MEMBER IS AN INDIVIDUAL WITH THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE, OR RECEIVE DISTRIBUTIONS OF INCOME OR ASSETS. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OF THE COOPERATIVE HAS A VOTE. THE VOTE ALLOWS THEM TO ELECT THE BOARD AS WELL AS VOTE ON ANY ISSUE THAT COMES BEFORE THE MEMBERSHIP AT A SPECIAL OR ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B LIMITED TO APPROVING ANY CHANGES MADE TO THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT 990 IS REVIEWED BY MANAGEMENT AND THE BOARD PRIOR TO FILING OF THE FINAL DOCUMENT. THE REVIEW OF THE 990 IS AN AGENDA ITEM FOR THE BOARD, AND THE RESULTS OF THE REVIEW ARE DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO THE DIRECTORS, GENERAL MANAGER, AND ALL EMPLOYEES. THE EXECUTIVE COMMITTEE OF THE BOARD IS RESPONSIBLE FOR REVIEWING ALL POLICY INTERPRETATIONS OR VIOLATIONS. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE COMPENSATION OF ALL MANAGEMENT EMPLOYEES IS REVIEWED AND COMPARED WITH AN ANNUAL COMPENSATION SURVEY OF ELECTRIC COOPERATIVES. THIS REPORT IS PREPARED BY AN INDEPENDENT THIRD PARTY. FORM 990, PART VI, SECTION C, LINE 19 EACH COOPERATIVE MEMBER IS PROVIDED A "NEW MEMBER HANDBOOK AND BYLAWS" WHICH ADDRESS THE GOVERNING DOCUMENTS. THE BYLAWS ALSO REQUIRE A REPORT AT THE ANNUAL MEETING ON THE FINANCIAL CONDITION OF THE COMPANY. CONDENSED FINANCIAL STATEMENTS FROM YEAR-END ARE PRINTED IN THE RURALITE MAGAZINE, AND COMPLETE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A THE COMPENSATION INFORMATION FOR THE DIRECTORS, GENERAL MANAGER, CFO, AND COO REPRESENTS TOTAL COMPENSATION PAID BY THE COOPERATIVE AND REPORTED ON W-2S AND 1099S. SOME OF THE COMPENSATION HAS BEEN CHARGED TO AND RECORDED ON THE BOOKS OF THE TWO SUBSIDIARY OPERATIONS, GOTSKY UNLIMITED AND PLUMAS SIERRA TELECOMMUNICATIONS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET EQUITY EARNINGS IN SUBSIDIARY 35,725. INCREASE/(DECREASE) IN MEMBERSHIPS -110. PATRONAGE CAPITAL RETIRED/ADJUSTED -153,553. TOTAL TO FORM 990, PART XI, LINE 5: -117,938. FORM 990, PART XI LINE 2C: THE BOARD OF DIRECTORS REVIEWS THE FINANCIAL STATEMENTS, APPROVES THE INDEPENDENT AUDITORS WORK, AND SELECTS THE AUDIT FIRM. PLUMAS-SIERRA TELECOMMUNICATIONS 73233 HIGHWAY 70 SUITE B PORTOLA CA 961227064 943062694 INTERNET ACCESS CA N/A C 2547680 7638396 1.00000 GOT SKY UNLIMITED 73233 HIGHWAY 70 SUITE B PORTOLA CA 961227064 203046323 WIRELESS SATELLITE INTERNET ACCESS SUPPLIER CA N/A C 7190284 6203743 1.00000 1 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 1 1 PLUMAS-SIERRA TELECOMMUNICATIONS A 29097 ELIMINATING ENTRIES - G/L GOTSKY UNLIMITED A 138314 ELIMINATING ENTRIES - G/L GOTSKY UNLIMITED R 288912 GENERAL LEDGER PLUMAS-SIERRA TELECOMMUNICATIONS D 383379 GENERAL LEDGER PLUMAS-SIERRA TELECOMMUNICATIONS M 104558 GENERAL LEDGER GOTSKY UNLIMITED M 48692 GENERAL LEDGER PLUMAS-SIERRA TELECOMMUNICATIONS N 363068 LABOR REPORTS GOTSKY UNLIMITED N 453478 LABOR REPORTS GOTSKY UNLIMITED O 17250 INTERFUND RECONCILIATION PLUMAS-SIERRA TELECOMMUNICATIONS P 108256 INTERFUND RECONCILIATION GOTSKY UNLIMITED P 35471 INTERFUND RECONCILIATION GOTSKY UNLIMITED Q 250000 INTERFUND RECONCILIATION PLUMAS-SIERRA TELECOMMUNICATIONS R 150000 INTERFUND RECONCILIATION