CONNEXUS ENERGY: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- CONNEXUS ENERGY (EIN 41-0128105)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-10-17
- IRS object ID
- 201132939349300113
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-10-17T10:51:17-05:00 | 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 | 410128105 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONNEXUS ENERGY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CONN | NameControl |
| Phone | 7633232600 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14601 RAMSEY BOULEVARD | AddressLine1 |
| City | RAMSEY | City |
| State | MN | State |
| ZIP Code | 55303 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL BASH | Name |
| Title | VICE PRESIDENT / CFO | Title |
| Phone | 7633232600 | Phone |
| Date Signed | 2011-10-17 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LAURIE HANSON | Name |
| Phone | 6053391999 | Phone |
| Date Prepared | 2011-10-17 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MIKE RAJALA | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14601 RAMSEY BOULEVARD | AddressLine1 |
| City | RAMSEY | City |
| State | MN | State |
| ZIP Code | 55303 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 231254287 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.CONNEXUSENERGY.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1937 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | PROVIDING UTILITY SERVICES TO MEMBERS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 276 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 1865915 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -61588 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 219820268 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 229879803 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1032715 | InvestmentIncomePriorYear |
| Investment Income Current Year | 881728 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 419079 | OtherRevenuePriorYear |
| Other Revenue Current Year | 345146 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 221272062 | TotalRevenuePriorYear |
| Total Revenue Current Year | 231106677 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 369565 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 302687 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 22104741 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 22655062 | 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 | 187281778 | OtherExpensePriorYear |
| Other Expenses Current Year | 199595079 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 209756084 | TotalExpensesPriorYear |
| Total Expenses Current Year | 222552828 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 11515978 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 8553849 | RevenuesLessExpensesCY |
| Total Assets BOY | 321988541 | TotalAssetsBOY |
| Total Assets EOY | 329637831 | TotalAssetsEOY |
| Total Liabilities BOY | 186130184 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 189068708 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 135858357 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 140569123 | NetAssetsOrFundBalancesEOY |
| Mission Description | COMMITTED TO CUSTOMER SATISFACTION THROUGH SERVICE, LEADERSHIP, AND INVOLVEMENT. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | CONNEXUS ENERGY PROVIDED UTILITY SERVICES TO APPROXIMATELY 125,000 CUSTOMERS IN SEVEN COUNTIES IN THE NORTH SUBURBAN AREA OF MINNEAPOLIS AND ST. PAUL, MN. | 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 | 1 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | 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 | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 1 | 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 | 1 | 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 | 105 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 276 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Gross Income From Members | 223163669 | GrossIncomeFromMembers |
| Gross Income Other Sources | 5269948 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | 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 | 1 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 0 | WrittenPolicyOrProcedure |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NANCY BASARA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7633232731 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14601 RAMSEY BOULEVARD | AddressLine1 |
| City | RAMSEY | City |
| State | MN | State |
| ZIP Code | 55303 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (22 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| PETER WOJCIECHOWSKI | |||||||
| CHAIR | 21.00 | X | X | 51534 | 0 | 0 | |
| JIM LEROUX | |||||||
| VICE CHAIR | 12.00 | X | X | 46581 | 0 | 0 | |
| FRAN BATOR | |||||||
| SECRETARY/TREASURER | 13.00 | X | X | 46821 | 0 | 0 | |
| KEN FIERECK | |||||||
| ASSISTANT SECRETARY/TREASURER | 14.00 | X | X | 46581 | 0 | 6935 | |
| LAURIE KERR DECEASED | |||||||
| DIRECTOR | 12.00 | X | 7755 | 0 | 0 | ||
| DERALD EWING | |||||||
| DIRECTOR | 12.00 | X | 46581 | 0 | 0 | ||
| DON JACOBSON | |||||||
| DIRECTOR | 12.00 | X | 46581 | 0 | 0 | ||
| DONALD HOLL | |||||||
| DIRECTOR | 15.00 | X | 28581 | 0 | 18045 | ||
| JAY CAIN | |||||||
| DIRECTOR | 12.00 | X | 15510 | 0 | 0 | ||
| MARK ETHEN | |||||||
| DIRECTOR | 12.00 | X | 46581 | 0 | 0 | ||
| MICHAEL KERR | |||||||
| DIRECTOR | 10.00 | X | 19438 | 0 | 0 | ||
| MIKE RAJALA | |||||||
| PRESIDENT / CEO | 40.00 | X | 506659 | 0 | 596921 | ||
| MICHAEL BASH | |||||||
| VP / CFO | 40.00 | X | 366515 | 0 | 140923 | ||
| MATT YSETH | |||||||
| VP, ELECTRIC OPERATIONS | 40.00 | X | 281734 | 0 | 73397 | ||
| JOHN GASAL | |||||||
| VP, POWER SUPPLY | 40.00 | X | 274046 | 0 | 92606 | ||
| PETE MILLER | |||||||
| VP, HUMAN RESOURCES | 40.00 | X | 277609 | 0 | 60457 | ||
| DON HALLER | |||||||
| VP, MEMBER AND COMMUNITY | 40.00 | X | 203742 | 0 | 46846 | ||
| TAMARA GREGORY | |||||||
| MGR, EXECUTIVE SERVICES | 40.00 | 149365 | 0 | 50570 | X | ||
| AL FERBER | |||||||
| MGR, INFORMATION SERVICES | 40.00 | 174583 | 0 | 48577 | X | ||
| NANCY BASARA | |||||||
| CONTROLLER | 40.00 | 157029 | 0 | 38569 | X | ||
| PAUL ORNDORFF | |||||||
| MGR, ENGINEERING SERVICES | 40.00 | 135828 | 0 | 39096 | X | ||
| LARRY NELSON | |||||||
| MGR, CONSTRUCTION & MAINTENANCE | 40.00 | 131626 | 0 | 38513 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3061280 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 1251455 | TotalOtherCompensation |
| Number Individuals GT100 K | 52 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ASPLUNDH | |||||
| 708 BLAIR MILL ROAD | WILLOW GROVE | PA | 190901784 | TREE TRIMMING SERVICES | 1028653 |
| RP SCHROEDER CONSTRUCTION | |||||
| 18329 263RD AVE | BIG LAKE | MN | 55309 | CONSTRUCTION SERVICES | 865874 |
| WRIGHT TREE SERVICE | |||||
| PO BOX 1718 | DES MOINES | IA | 50306 | TREE TRIMMING SERVICES | 469530 |
| JORDAN TRANSFORMER | |||||
| 1000 SYNDICATE STREET | JORDAN | MN | 55352 | TRANSFORMER REBUILD | 412140 |
| CARR'S TREE SERVICE | |||||
| PO BOX 250 | OTTERTAIL | MN | 56571 | TREE TRIMMING SERVICES | 408672 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 15 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| SALE OF ELECTRICITY | 221000 | 220781699 | 220781699 | |
| GEN & TRANS CAP CREDIT | 221000 | 5944328 | 5944328 | |
| UTILITY/RETAIL/FLEET | 221000 | 2103253 | 237126 | 1866127 |
| OTHER | 221000 | 1050523 | 1050523 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 229879803 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 872431 | TotalRevenueColumn |
| Unrelated Business Revenue | -212 | UnrelatedBusinessRevenue |
| Exclusion | $872,643 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 345146 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 345146 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 345146 | TotalRevenueColumn |
| Exclusion | $345,146 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 31612 | Securities |
| Other | 125295 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 83853 | Securities |
| Other | 63757 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -52241 | Securities |
| Other | 61538 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9297 | TotalRevenueColumn |
| Exclusion | $9,297 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 231106677 | TotalRevenueColumn |
| Related Or Exempt Function Income | 228013676 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 1865915 | UnrelatedBusinessRevenue |
| Exclusion | $1,227,086 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 302687 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2551649 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14794114 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2054028 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1942307 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1312964 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 142452 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 107370 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 940348 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 337763 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1043657 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1157681 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 562010 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 274412 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34140 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7142216 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9976016 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 531462 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| COST OF POWER | 165990162 |
| PROP. & REAL ESTATE TAX | 4072686 |
| OTHER | 3468329 |
| ELECTRIC OPERATIONS | 2986185 |
| CONTRACT LABOR | 828190 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 222552828 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95647 | BOY |
| EOY | 1300 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 268519 | BOY |
| EOY | 26737 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27747955 | BOY |
| EOY | 29069102 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 786 | BOY |
| EOY | 225 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 547345 | BOY |
| EOY | 270218 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2272194 | BOY |
| EOY | 2531005 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 851351 | BOY |
| EOY | 665571 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 289300788 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 95940145 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 194032243 | BOY |
| EOY | 193360643 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9739370 | BOY |
| EOY | 9786141 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75923696 | BOY |
| EOY | 82329578 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10509435 | BOY |
| EOY | 11597311 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 321988541 | BOY |
| EOY | 329637831 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15609198 | BOY |
| EOY | 16409163 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 126178273 | BOY |
| EOY | 128489871 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7084100 | BOY |
| EOY | 5337000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37258613 | BOY |
| EOY | 38832674 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 186130184 | BOY |
| EOY | 189068708 | 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 | 135858357 | BOY |
| EOY | 140569123 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 135858357 | BOY |
| EOY | 140569123 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 321988541 | BOY |
| EOY | 329637831 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 8553849 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -3843083 | 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 | 1930735 | OtherCostOrOtherBasis |
| Book Value | 1930735 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14246340 | OtherCostOrOtherBasis |
| Depreciation | 4132982 | Depreciation |
| Book Value | 10113358 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 273123713 | OtherCostOrOtherBasis |
| Depreciation | 91807163 | Depreciation |
| Book Value | 181316550 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 193360643 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENTS IN ASSOCIATED COMPANIES | Description |
| Book Value | 82329578 | BookValue |
| Method Of Valuation | C | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 82329578 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CUSTOMER DEPOSITS | $865,319 |
| DEFERRED CREDITS | $11,857,718 |
| PAYABLE TO GREAT RIVER ENERGY | $26,109,637 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 38832674 | TotalOfAmounts |
| Total Revenue | 231106677 | TotalRevenue |
| Total Expenses | 222552828 | TotalExpenses |
| Excess Or Deficit For Year | 8553849 | ExcessOrDeficitForYear |
| Other | -$3,843,083 | OtherAmount |
| Total Adjustments | -3843083 | TotalAdjustments |
| Excess Or Deficit Per FS | 4710766 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 231106677 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 231106677 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 231106677 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 222552828 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 222552828 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 222552828 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART XI, LINE 8 - OTHER ADJUSTMENTS: | Identifier |
| Explanation | RETIREMENT OF CAPITAL CREDITS -4,057,155. APPROPRIATED MARGINS 214,072. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (10 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | IRC SectionIRCSection | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|---|---|---|---|---|
| ANOKA TECHNICAL COLLEGE | ||||||||||
| 1355 WEST HWY 10 | ANOKA | MN | 55303 | 416008267 | 20000 | GENERAL DONATION | ||||
| INITIATIVE FOUNDATION | ||||||||||
| 405 FIRST ST SE | LITTLE FALLS | MN | 56345 | 363451562 | 10000 | DONATION TO FOUNDATION. - GENERAL | 501(C)(3) | |||
| MERCYUNITY HOSPITAL | ||||||||||
| 550 OSBORNE RD | FRIDLEY | MN | 55432 | 363261413 | 10280 | DONATION TO FOUNDATION. - GENERAL | 501(C)(3) | |||
| UNITED WAY OF MPLS AREA | ||||||||||
| 404 S 8TH STREET | MINNEAPOLIS | MN | 55404 | 410693852 | 18840 | MATCH EMPLOYEE CONTRIBUTIONS | 501(C)(3) | |||
| NATIONAL SPORTS CENTER | ||||||||||
| 1700 105TH AVENUE NE | BLAINE | MN | 55449 | 411646516 | GENERAL DONATION | 501(C)(3) | 80000 | OTHER | IN-KIND ELECTRICITY | |
| ANOKA COUNTY DEPARTMENT OF PARKS AND RECREATION | ||||||||||
| 550 BUNKER LAKE BLVD | ANDOVER | MN | 55304 | 416005752 | 25000 | GENERAL DONATION | ||||
| MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE DEVELOPMENT FOUNDATION | ||||||||||
| 81 S 9TH STREET SUITE 200 | MINNEAPOLIS | MN | 554020949 | 410414520 | 5000 | GENERAL DONATION | 501(C)(3) | |||
| RACHEL'S CHALLENGE | ||||||||||
| PO BOX 631698 | LITTLETON | CO | 80163 | 841557094 | 17480 | GENERAL DONATION | 501(C)(3) | |||
| ANOKA COUNTY WILDLIFE OUTREACH | ||||||||||
| 7701 MAIN STREET | LINO LAKES | MN | 55038 | 416005752 | 25000 | GENERAL DONATION | ||||
| TREE TRUST | ||||||||||
| 2231 EDGEWOOD AVE S | ST LOUIS PARK | MN | 55426 | 411291626 | 5000 | GENERAL DONATION | 501(C)(3) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 7 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 3 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE TOTAL AMOUNT OF CONTRIBUTIONS PLANNED FOR A YEAR IS APPROVED BY THE BOARD AS A PART OF OUR ANNUAL PROFIT PLANNING PROCESS. INDIVIDUAL CONTRIBUTIONS ARE APPROVED AND SUBSTANTIATED FOLLOWING OUR NORMAL PAYMENT APPROVAL PROCESS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (11 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MIKE RAJALA | |||||||||||||
| 368913 | 0 | 120794 | 0 | 16952 | 0 | 579318 | 0 | 17603 | 0 | 1103580 | 0 | 0 | 0 |
| MICHAEL BASH | |||||||||||||
| 267808 | 0 | 78749 | 0 | 19958 | 0 | 121385 | 0 | 19538 | 0 | 507438 | 0 | 0 | 0 |
| MATT YSETH | |||||||||||||
| 203300 | 0 | 60366 | 0 | 18068 | 0 | 53360 | 0 | 20038 | 0 | 355132 | 0 | 0 | 0 |
| JOHN GASAL | |||||||||||||
| 197935 | 0 | 58507 | 0 | 17604 | 0 | 76162 | 0 | 16445 | 0 | 366653 | 0 | 0 | 0 |
| PETE MILLER | |||||||||||||
| 200663 | 0 | 59249 | 0 | 17697 | 0 | 43280 | 0 | 17177 | 0 | 338066 | 0 | 0 | 0 |
| DON HALLER | |||||||||||||
| 153611 | 0 | 37473 | 0 | 12658 | 0 | 28587 | 0 | 18405 | 0 | 250734 | 0 | 0 | 0 |
| TAMARA GREGORY | |||||||||||||
| 116460 | 0 | 19192 | 0 | 13713 | 0 | 29182 | 0 | 21388 | 0 | 199935 | 0 | 0 | 0 |
| AL FERBER | |||||||||||||
| 149161 | 0 | 23584 | 0 | 1838 | 0 | 33272 | 0 | 15305 | 0 | 223160 | 0 | 0 | 0 |
| NANCY BASARA | |||||||||||||
| 135482 | 0 | 20417 | 0 | 1130 | 0 | 19681 | 0 | 18888 | 0 | 195598 | 0 | 0 | 0 |
| PAUL ORNDORFF | |||||||||||||
| 115168 | 0 | 18519 | 0 | 2141 | 0 | 20058 | 0 | 19038 | 0 | 174924 | 0 | 0 | 0 |
| LARRY NELSON | |||||||||||||
| 112909 | 0 | 17561 | 0 | 1156 | 0 | 28748 | 0 | 9765 | 0 | 170139 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4B | ReturnReference |
| Explanation | THE FOLLOWING OFFICERS, DIRECTORS, AND HIGHEST COMPENSATED EMPLOYEES PARTICIPATED IN A NON-QUALIFIED DEFERRED COMPENSATION PLAN: INVESTMENT GAINS IN COLUMN C MICHAEL RAJALA $ 5,055 MICHAEL BASH 57,187 MATTHEW YSETH 13,499 PETE MILLER 8,812 JOHN GASAL 14,398 TAMARA GREGORY 5,021 KENNETH FIERECK 6,935 DON HOLL 45 | Explanation |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | LARRY NELSON | NamePerson |
| Purpose Of Loan | COMPUTER PURCHASE | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $2,197 | OriginalPrincipalAmount |
| Balance Due | 225 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 225 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| GREAT RIVER ENERGY | |||
| DON HOLL IS A DIRECTOR FOR GREAT RIVER ENERGY AND CONNEXUS ENERGY | 166325498 | CONNEXUS ENERGY PURCHASES POWER FROM GREAT RIVER ENERGY AND IS A MEMBER | 0 |
| GREAT RIVER ENERGY | |||
| JIM LEROUX IS A DIRECTOR FOR GREAT RIVER ENERGY AND CONNEXUS ENERGY | 166325498 | CONNEXUS ENERGY PURCHASES POWER FROM GREAT RIVER ENERGY AND IS A MEMBER | 0 |
| FEDAC | |||
| MIKE RAJALA - DIRECTOR OF FEDAC AND CARR'S TREE AND CEO OF CONNEXUS ENERGY | 408672 | CARR'S TREE SERVICE PROVIDES TREE TRIMMING SERVICES TO THE COOPERATIVE. FEDAC IS THE 100% OWNER OF CARR'S TREE SERVICE. | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (12 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | DON HOLL AND JIM LEROUX HAVE A BUSINESS RELATIONSHIP AS THEY BOTH REPRESENT CONNEXUS ENERGY ON THE GREAT RIVER ENERGY BOARD. GREAT RIVER ENERGY IS OUR POWER SUPPLIER AND CONNEXUS ENERGY, AS ONE OF ITS MEMBERS, OWNS APPROXIMATELY 20% OF GRE. MICHAEL KERR AND LAURIE KERR(DECEASED) HAVE A FAMILY RELATIONSHIP. | |
| FORM 990, PART VI, SECTION A, LINE 4 | THE BYLAWS WERE AMENDED TO CLARIFY THAT IT IS THE BOARD OF DIRECTORS WHO DETERMINES IF A PERSON OR ENTITY BECOMES A MEMBER BY PURCHASING PRODUCTS OR SERVICES OTHER THAN ELECTRICITY FROM THE COOPERATIVE. OTHER AMENDMENTS MODIFIED THE QUALIFICATIONS TO BECOME A DIRECTOR, THE NUMBER OF SIGNATURES AND THE TIMEFRAME TO BE NOMINATED BY PETITION. | |
| FORM 990, PART VI, SECTION A, LINE 6 | CUSTOMERS WHO PURCHASE ELECTRICITY FROM THE ORGANIZATION ARE MEMBERS OF THE COOPERATIVE. THERE IS ONLY ONE MEMBER CLASS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH MEMBER HAS ONE VOTE. | |
| FORM 990, PART VI, SECTION A, LINE 7B | THE BOARD OF DIRECTORS MAY SELL THE PROPERTY OF THE COOPERATIVE UPON SUCH TERMS AND CONDITIONS AS IT DEEMS APPROPRIATE AND IN THE BEST INTERESTS OF THE COOPERATIVE. NO SALE OF MORE THAN TWENTY-FIVE (25%) PERCENT OF THE PROPERTY OF THE COOPERATIVE SHALL BE EFFECTIVE, HOWEVER, UNLESS AUTHORIZED AT A REGULAR OR SPECIAL MEETING BY THE AFFIRMATIVE VOTE OF TWO-THIRDS (2/3) OF THE TOTAL NUMBER OF MEMBERS OF THE COOPERATIVE. | |
| FORM 990, PART VI, SECTION A, LINE 8B | NO COMMITTEES ARE AUTHORIZED TO ACT ON BEHALF OF THE GOVERNING BODY. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 INFORMATION RETURN IS MAILED TO BOARD MEMBERS A WEEK BEFORE THE BOARD MEETING. IT IS REVIEWED WITH THE ENTIRE BOARD OF DIRECTORS AND SENIOR STAFF AT THE BOARD MEETING, PRIOR TO ISSUANCE. | |
| THE BOARD OF DIRECTORS ARE COVERED BY THE CONFLICT OF INTEREST POLICY. ANNUALLY, BOARD MEMBERS SIGN A CERTIFICATION THAT THEY MEET THE QUALIFICATIONS OF A BOARD MEMBER. THIS CERTIFICATION INCLUDES CONFLICT OF INTEREST LANGUAGE. IF A BOARD MEMBER STATES ON THE CERTIFICATION THAT THERE IS A CONFLICT, THE ENTIRE BOARD WILL REVIEW THE CONFLICT AT THAT TIME. RESTRICTIONS IMPOSED ON A PERSON WITH A CONFLICT WOULD BE DEPENDENT UPON THE SPECIFIC SITUATION, AND MAY INCLUDE ABSTAINING FROM DISCUSSIONS AND VOTING AND/OR A REQUEST FOR RESIGNATION. | FORM 990, PART VI, SECTION B, LINE 12C | |
| COMPENSATION IS BASED ON MARKET DATA FOR SIMILAR POSITIONS AT COMPARABLE COMPANIES. A MARKET STUDY WAS COMPLETED IN 2010 FOR THE CEO AND 2009 FOR OTHER COOPERATIVE OFFICERS. THE BOARD REVIEWS AND APPROVES THE COMPENSATION FOR THE CEO ANNUALLY. | FORM 990, PART VI, SECTION B, LINE 15 | |
| FINANCIAL STATEMENTS FOR THE PREVIOUS 5 YEARS ARE AVAILABLE ON OUR WEBSITE. ALL OTHER DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| INCLUDED IN OTHER COMPENSATION IS THE ESTIMATED CURRENT YEAR INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN FOR THE EMPLOYEES OF THE COOPERATIVE. 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 ACTUARY. | FORM 990, PART VII, COLUMN F, OTHER COMPENSATION: | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | RETIREMENT OF CAPITAL CREDITS -4,057,155. APPROPRIATED MARGINS 214,072. TOTAL TO FORM 990, PART XI, LINE 5: -3,843,083. | FORM 990, PART XI, LINE 5: |