KAUAI ISLAND UTILITY COOPERATIVE: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- KAUAI ISLAND UTILITY COOPERATIVE (EIN 99-0346113)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-10-27
- IRS object ID
- 201133009349300908
- 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 | 2011-10-27T09:50:20-05:00 | 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 | MOSS ADAMS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 805 SW BROADWAY 1200 | AddressLine1 |
| City | PORTLAND | City |
| State | OR | State |
| ZIP Code | 97205 | 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 | 990346113 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KAUAI ISLAND UTILITY COOPERATIVE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KAUA | NameControl |
| Phone | 8082464300 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4463 PAHEE ST NO 1 | AddressLine1 |
| City | LIHUE KAUAI | City |
| State | HI | State |
| ZIP Code | 967662000 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KARISSA JONAS | Name |
| Title | FINANCIAL VP & CFO | Title |
| Phone | 8002468278 | Phone |
| Date Signed | 2011-10-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WENDY CAMPOS | Name |
| Phone | 5032421447 | Phone |
| 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 | DAVID BISSELL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4463 PAHEE ST NO 1 | AddressLine1 |
| City | LIHUE KAUAI | City |
| State | HI | State |
| ZIP Code | 967662000 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 155974294 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.KIUC.COOP | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1999 | YearFormation |
| State Legal Domicile | HI | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE RELIABLE POWER SAFELY THAT IS FAIRLY AND COMPETITIVELY PRICED, PRACTICE CONSERVATION AND EFFICIENT USE OF ENERGY RESOURCES AND INCREASE SUSTAINABLE POWER SUPPLY AND ENVIRONMENTAL STEWARDSHIP WHILE IMPROVING THE QUALITY OF LIFE FOR MEMBERS AND KAUA'I. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 167 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 41617 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 33415 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 129651132 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 155249311 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 825113 | InvestmentIncomePriorYear |
| Investment Income Current Year | 637917 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 89249 | OtherRevenuePriorYear |
| Other Revenue Current Year | 48702 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 130565494 | TotalRevenuePriorYear |
| Total Revenue Current Year | 155935930 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 867487 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 970644 | 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 | 124124250 | OtherExpensePriorYear |
| Other Expenses Current Year | 145009164 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 124991737 | TotalExpensesPriorYear |
| Total Expenses Current Year | 145979808 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 5573757 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 9956122 | RevenuesLessExpensesCY |
| Total Assets BOY | 284450734 | TotalAssetsBOY |
| Total Assets EOY | 288143960 | TotalAssetsEOY |
| Total Liabilities BOY | 232182357 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 227225405 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 52268377 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 60918555 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE OTO PROVIDE RELIABLE POWER SAFELY THAT IS FAIRLY AND COMPETITIVELY PRICED, PRACTICE CONSERVATION AND EFFICIENT USE OF ENERGY RESOURCES AND INCREASE SUSTAINABLE POWER SUPPLY AND ENVIRONMENTAL STEWARDSHIP WHILE IMPROVING THE QUALITY OF LIFE FOR MEMBERS AND KAUA'I. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | GENERATED, TRANSMITTED AND DISTRIBUTED ELECTRICITY TO APPROXIMATELY 36,000 ACTIVE SERVICES AT YEAR END ON THE ISLAND OF KAUAI. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| 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 | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | 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 | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | 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 | 0 | 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 | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 127 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 167 | 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 | 155095101 | GrossIncomeFromMembers |
| Gross Income Other Sources | 2319811 | 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 | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | 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 | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | HI | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KARISSA JONAS FINANCIAL VP & CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8082468278 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4463 PAHEE STREET STE 1 | AddressLine1 |
| City | LIHUE KAUAI | City |
| State | HI | State |
| ZIP Code | 967662000 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (17 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| JAN TENBRUGGENCATE | ||||||||
| DIRECTOR | 25.00 | X | 14120 | 0 | 0 | |||
| PETER YUKIMURA | ||||||||
| VICE CHAIR | 15.00 | X | 17978 | 0 | 0 | X | ||
| DAVID IHA | ||||||||
| SECRETARY | 10.00 | X | 18360 | 0 | 0 | X | ||
| TEOFILO TACBIAN | ||||||||
| CHAIRMAN | 30.00 | X | 25706 | 0 | 0 | X | ||
| CAROL BAIN | ||||||||
| DIRECTOR | 15.00 | X | 15267 | 0 | 0 | |||
| ALLAN SMITH | ||||||||
| TREASURER | 14.00 | X | 17008 | 0 | 0 | X | ||
| STEVE RAPOZO | ||||||||
| DIRECTOR | 20.00 | X | 19516 | 0 | 0 | |||
| BENJAMIN SULLIVAN | ||||||||
| DIRECTOR | 12.00 | X | 14688 | 0 | 0 | |||
| STEWART BURLEY | ||||||||
| DIRECTOR | 15.00 | X | 15074 | 0 | 0 | |||
| RANDALL HEE | ||||||||
| PRESIDENT & CEO | 65.00 | 234378 | 0 | 69535 | X | |||
| DAVID BISSELL | ||||||||
| FINANCIAL VP & CFO | 60.00 | 209005 | 0 | 37077 | X | |||
| JOHN LEAVITT | ||||||||
| T&D MANAGER | 50.00 | 190394 | 0 | 59073 | X | |||
| MICHAEL YAMANE | ||||||||
| ENGINEERING MANAGER | 50.00 | 163522 | 0 | 51285 | X | |||
| CAREY KOIDE | ||||||||
| SUPPORT SERVICES MANAGER | 50.00 | 158124 | 0 | 51023 | X | |||
| KARISSA JONAS | ||||||||
| CONTROLLER | 50.00 | 153409 | 0 | 31672 | X | |||
| BARBARA NAGAMINE | ||||||||
| MEMBER SERVICES MANAGER | 50.00 | 147002 | 0 | 122386 | X | |||
| RUSS SANTIAGO | ||||||||
| OPERATIONS SUPERINTENDENT | 47.00 | 151176 | 0 | 68257 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1564727 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 490308 | TotalOtherCompensation |
| Number Individuals GT100 K | 50 | 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 |
|---|---|---|---|---|---|
| MORIHARA LAU & FONG LLP | |||||
| 814 BISHOP ST STE 400 | HONOLULU | HI | 96813 | REGULATORY ATTORNEY | 1069381 |
| KASOWITZ BENSON TORRES & FRIEDMAN LLP | |||||
| 1633 BROADWAY | NEW YORK | NY | 10019 | ENVIRONMENTAL ATTORNEY | 771614 |
| KAUAI ENERGY PARTNERS LLC | |||||
| 195 NASSAU STREET 12 | PRINCETON | NJ | 08542 | SPEC USED OIL SUPPLIER | 725774 |
| BEACHSIDE ROOFING LLC | |||||
| 1870A LELEIONA STREET | LUHUE | HI | 96766 | BIPV ROOFING CONTRACTOR | 667614 |
| EBBIN MOSER & SKAGGS LLP | |||||
| 550 MONTGOMERY STREET STE 900 | SAN FRANCISCO | CA | 94111 | ENVIRONMENTAL ATTORNEY | 243388 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 8 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| SALES OF ELECTRICITY | 221000 | 155095101 | 155095101 |
| SERVICE FEES | 221000 | 154210 | 154210 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 155249311 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 637917 | TotalRevenueColumn |
| Exclusion | $637,917 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 77349 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 38364 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 38985 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 38985 | TotalRevenueColumn |
| Unrelated Business Revenue | 38985 | UnrelatedBusinessRevenue |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| PATRONAGE ALLOCATIONS | 221000 | 40015 | 40015 | |
| MISCELLANEOUS SERVICE | 221000 | -30298 | -32930 | 2632 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 9717 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 155935930 | TotalRevenueColumn |
| Related Or Exempt Function Income | 155256396 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 41617 | UnrelatedBusinessRevenue |
| Exclusion | $637,917 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 970644 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34559 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9061322 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14595414 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| UNRELATED BUSINESS TAX | 2214 |
| POWER COST | 86812634 |
| ADMINISTRATIVE | 13146797 |
| TAXES | 13045649 |
| CUSTOMER ACCOUNTS | 2675415 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5635160 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 145979808 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2857100 | BOY |
| EOY | 6034685 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51709 | BOY |
| EOY | 51807 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10371736 | BOY |
| EOY | 9269878 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13320441 | BOY |
| EOY | 14217397 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1196222 | BOY |
| EOY | 954729 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 462665817 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 221234481 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 241740509 | BOY |
| EOY | 241431336 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1261484 | BOY |
| EOY | 1246742 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13651533 | BOY |
| EOY | 14937386 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 284450734 | BOY |
| EOY | 288143960 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14460882 | BOY |
| EOY | 16666830 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 203696110 | BOY |
| EOY | 197781589 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14025365 | BOY |
| EOY | 12776986 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 232182357 | BOY |
| EOY | 227225405 | 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 | 391 | BOY |
| EOY | 409 | 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 | 52267986 | BOY |
| EOY | 60918146 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52268377 | BOY |
| EOY | 60918555 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 284450734 | BOY |
| EOY | 288143960 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 9956122 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -1305944 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| 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 | 10050023 | OtherCostOrOtherBasis |
| Book Value | 10050023 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 35201077 | OtherCostOrOtherBasis |
| Depreciation | 16360957 | Depreciation |
| Book Value | 18840120 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 405625005 | OtherCostOrOtherBasis |
| Depreciation | 204873524 | Depreciation |
| Book Value | 200751481 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11789712 | OtherCostOrOtherBasis |
| Book Value | 11789712 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 241431336 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (6 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ACCRUED UTILITY REVENUES | 8167434 |
| SPECIAL DEPOSITS | 9710 |
| REGULATORY ASSETS | 4499751 |
| PRELIMINARY SURVEY & INVESTIGATION CHARGES | 1419628 |
| OTHER DEFERRED CHARGES | 415912 |
| ENERGY RATE ADJUSTMENT CLAUSE | 424951 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 14937386 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| OTHER CURRENT LIABILITIES | $119,278 |
| CUSTOMER DEPOSITS | $1,048,833 |
| POST RETIREMENTS BENEFIT OBLIGATIONS | $1,980,600 |
| REGULATORY LIABILITIES | $5,042,768 |
| CUSTOMER ADVANCES ON CONSTRUCTION | $3,664,968 |
| ECONOMIC DEVELOPMENT | $920,539 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 12776986 | TotalOfAmounts |
| Total Revenue | 155935930 | TotalRevenue |
| Total Expenses | 145979808 | TotalExpenses |
| Excess Or Deficit For Year | 9956122 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 150866 | NetUnrealizedGLOnInvestments |
| Other | -$1,456,810 | OtherAmount |
| Total Adjustments | -1305944 | TotalAdjustments |
| Excess Or Deficit Per FS | 8650178 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 156086796 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 150866 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 150866 | RevenueNotRptdF990 |
| Revenue Subtotal | 155935930 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 155935930 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 145979808 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 145979808 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 145979808 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE COOPERATIVE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE, EXCEPT TO THE EXTENT OF UNRELATED BUSINESS INCOME, IF ANY. EFFECTIVE JANUARY 1, 2009 THE COOPERATIVE ADOPTED FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10, RELATING TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS. AS OF DECEMBER 31, 2010 AND 2009, THE COOPERATIVE DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. THE COOPERATIVE FILES AN EXEMPT ORGANIZATION RETURN IN THE U.S. FEDERAL JURISDICTION AND IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES BEFORE 2007. |
| CHANGE IN OTHER EQUITY $ 59,946 CHANGE IN MEMBERSHIPS 18 RETIREMENT OF CAPITAL CREDITS (1,516,774) TOTAL OTHER ADJUSTMENTS (1,456,810) |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | 1 | SubstantiationRequired |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (8 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RANDALL HEE | |||||||||||||
| 230340 | 0 | 0 | 0 | 4038 | 0 | 53733 | 0 | 15802 | 0 | 303913 | 0 | 0 | 0 |
| DAVID BISSELL | |||||||||||||
| 173828 | 0 | 34656 | 0 | 521 | 0 | 20816 | 0 | 16261 | 0 | 246082 | 0 | 0 | 0 |
| JOHN LEAVITT | |||||||||||||
| 152733 | 0 | 31999 | 0 | 5662 | 0 | 47867 | 0 | 11206 | 0 | 249467 | 0 | 0 | 0 |
| MICHAEL YAMANE | |||||||||||||
| 134641 | 0 | 28470 | 0 | 411 | 0 | 35754 | 0 | 15531 | 0 | 214807 | 0 | 0 | 0 |
| CAREY KOIDE | |||||||||||||
| 130315 | 0 | 27424 | 0 | 385 | 0 | 44503 | 0 | 6520 | 0 | 209147 | 0 | 0 | 0 |
| KARISSA JONAS | |||||||||||||
| 126239 | 0 | 26913 | 0 | 257 | 0 | 15193 | 0 | 16479 | 0 | 185081 | 0 | 0 | 0 |
| BARBARA NAGAMINE | |||||||||||||
| 121904 | 0 | 24051 | 0 | 1047 | 0 | 111180 | 0 | 11206 | 0 | 269388 | 0 | 0 | 0 |
| RUSS SANTIAGO | |||||||||||||
| 123509 | 0 | 26630 | 0 | 1037 | 0 | 52992 | 0 | 15265 | 0 | 219433 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | KIUC HAS 40,917 MEMBERS. OUR MEMBERSHIP FEE IS $.01, SO OUR TOTAL MEMBERSHIP FEES ARE $409.17. | |
| FORM 990, PART VI, SECTION A, LINE 7A | EACH DIRECTOR IS ELECTED TO A 3 YEAR TERM. THE 9 DIRECTOR'S TERMS ARE STAGGERED SUCH THAT EACH YEAR 3 DIRECTOR SEATS ARE UP FOR ELECTION. EACH CURRENT MEMBER IS ENTITLED TO CAST A BALLOT AND VOTE FOR 3 DIRECTORS TO FILL THE 3 VACANT SEATS, REGARDLESS OF THEIR BILLING AMOUNT. | |
| FORM 990, PART VI, SECTION B, LINE 11 | 1) AFTER THE COMPLETED FORM 990 IS RECEIVED FROM THE TAX PREPARERS, THE CONTROLLER WILL PERFORM A DETAILED REVIEW OF THE FORM 990, INCLUDING VERIFYING THE FIGURES TO THE BOOKS OF RECORD. 2) THE CFO WILL PERFORM A MORE GENERAL REVIEW OF THE FORM 990 FOR REASONABLENESS. 3) THE FORM 990 WILL BE MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR THEIR INDIVIDUAL REVIEW. IF THE DIRECTORS HAVE ANY QUESTIONS ABOUT THE FORM 990, THE CFO WILL MEET WITH THEM TO ANSWER THEIR QUESTIONS. | |
| ANY DIRECTOR, OFFICER OR MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IS COVERED BY THIS POLICY. 1) THE BOARD OF DIRECTORS DETERMINES WHETHER A CONFLICT EXISTS. 2) THE BOARD OF DIRECTORS REVIEWS ACTUAL CONFLICTS. 3) ANY PERSON COVERED BY THIS POLICY WHO IS DEEMED TO HAVE A CONFLICT OF INTEREST IS PROHIBITED FROM PARTICIPATING IN THE BOARD'S DELIBERATIONS AND DECISION IN THE TRANSACTION. | FORM 990, PART VI, SECTION B, LINE 12C | |
| ALL NON-BARGAINING UNIT [NBU] EMPLOYEES' SALARIES ARE DETERMINED IN ACCORDANCE WITH NRECA'S COMPENSATE SALARY PLAN. IN ADDITION, THE BOARD CONSULTS WITH NRECA COMPENSATION CONSULTANTS REGARDING THE CEO'S COMPENSATION. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE ORGANIZATION MAKES ITS 990 AVAILABLE TO THE PUBLIC ON THEIR WEBSITE AND UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 18 | |
| THE ORGANIZATION MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THEIR WEBSITE AND UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 150,866. CHANGE IN OTHER EQUITY 59,946. CHANGE IN MEMBERSHIPS 18. RETIREMENT OF CAPITAL CREDITS -1,516,774. TOTAL TO FORM 990, PART XI, LINE 5: -1,305,944. | FORM 990, PART XI, LINE 5: |
| THERE WERE NO CHANGES IN PROCEDURE FROM THE PRIOR YEAR. | FORM 990, PART XII, LINE 2C: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIUC CHARITABLE FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4463 PAHEE ST STE 1 | AddressLine1 |
| City | LIHUE | City |
| State | HI | State |
| ZIP Code | 967662000 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 510592268 | EIN |
| Primary Activities | FOUNDATION | PrimaryActivities |
| Legal Domicile State | HI | LegalDomicileState |
| Exempt Code Section | SEEKING 501(C)(3) | ExemptCodeSection |
| Public Charity Status | PENDING | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KAUAI ISLAND UTILITY COOPERATIVE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 1 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| KIUC CHARITABLE FOUNDATION | ||
| B | 71435 | ACTUAL AMOUNT TRANSFERRED |
| KIUC CHARITABLE FOUNDATION | ||
| M | 0 | NOMINAL |