KEM ELECTRIC COOPERATIVE INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- KEM ELECTRIC COOPERATIVE INC (EIN 45-0218423)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-04-15
- IRS object ID
- 201141059349300304
- Schema version
- 2010v3.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-04-15T09:40:04-05:00 | 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 | BRADY MARTZ & ASSOCIATES PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1297 | AddressLine1 |
| City | BISMARCK | City |
| State | ND | State |
| ZIP Code | 585021297 | 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 | 450218423 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEM ELECTRIC COOPERATIVE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | KEME | NameControl |
| Phone | 7012544666 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | BOX 790 | AddressLine1 |
| City | LINTON | City |
| State | ND | State |
| ZIP Code | 58552 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN KNOX | Name |
| Title | GENERAL MANAGER | Title |
| Phone | 7012544666 | Phone |
| Date Signed | 2011-04-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PATRICK J BROWN | Name |
| Phone | 7012231717 | Phone |
| Date Prepared | 2011-04-11 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JOHN KNOX | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 790 | AddressLine1 |
| City | LINTON | City |
| State | ND | State |
| ZIP Code | 58552 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 7036966 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | KEMELECTRIC.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1944 | YearFormation |
| State Legal Domicile | ND | StateLegalDomicile |
| Activity Or Mission Description | KEM ELECTRIC COOPERATIVE, INC., IS A DISTRIBUTION COOPERATIVE THAT PROVIDES ELECTRICAL ENERGY TO CONSUMERS IN THE RURAL AREAS OF FOUR SOUTH CENTRAL COUNTIES IN NORTH DAKOTA. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 21 | TotalNbrEmployees |
| Total Nbr Volunteers | 26 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 6427792 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 6892392 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 109199 | InvestmentIncomePriorYear |
| Investment Income Current Year | 115168 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -1964 | OtherRevenuePriorYear |
| Other Revenue Current Year | -3465 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6535027 | TotalRevenuePriorYear |
| Total Revenue Current Year | 7004095 | 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 | 1169938 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1361945 | 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 | 4592002 | OtherExpensePriorYear |
| Other Expenses Current Year | 4832863 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5761940 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6194808 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 773087 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 809287 | RevenuesLessExpensesCY |
| Total Assets BOY | 22944004 | TotalAssetsBOY |
| Total Assets EOY | 24439679 | TotalAssetsEOY |
| Total Liabilities BOY | 13570751 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 14619977 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 9373253 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 9819702 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE PURPOSE OF KEM ELECTRIC IS TO MAKE ITS MEMBERS MORE PRODUCTIVE AND INCREASE THEIR QUALITY OF LIFE. THIS WILL BE ACCOMPLISHED BY : PROVIDING SAFE, RELIABLE, QUALITY ELECTRIC SERVICE; PROVIDING OTHER SERVICES THAT WILL BENEFIT THE MEMBERSHIP | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | RURAL ELECTRIC POWER COOP SUPPLYING POWER TO RURAL MEMBERS | 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 | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | 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 | 0 | 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 | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 65 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 21 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Gross Income From Members | 6807841 | GrossIncomeFromMembers |
| Gross Income Other Sources | 192660 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | 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 | 1 | 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 |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERTA NAGEL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7012544666 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 107 S BROADWAY | AddressLine1 |
| City | LINTON | City |
| State | ND | State |
| ZIP Code | 58552 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (10 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| MILTON BRANDNER | ||||||
| VICE-CHAIR | 2.00 | X | X | 9000 | 0 | 0 |
| ADOLPH FEYEREISEN | ||||||
| DIRECTOR | 1.00 | X | 8000 | 0 | 0 | |
| DEAN HUMMEL | ||||||
| DIRECTOR | 1.00 | X | 6700 | 0 | 0 | |
| CARMEN ESSIG | ||||||
| SEC/TREAS | 1.00 | X | X | 7600 | 0 | 0 |
| DEAN DEWALD | ||||||
| CHAIR | 2.00 | X | X | 9000 | 0 | 0 |
| CARTER VANDER WAL | ||||||
| DIRECTOR | 2.00 | X | 8200 | 0 | 0 | |
| VICTOR WALD | ||||||
| DIRECTOR | 2.00 | X | 4100 | 0 | 0 | |
| KENNETH BERRETH 11 - 21 | ||||||
| GENERAL MANAGER | 40.00 | X | 20063 | 0 | 12029 | |
| ROBERTA NAGEL | ||||||
| OFFICE MANAGER | 45.00 | X | 65519 | 0 | 2476 | |
| JOHN KNOX 21 - 1231 | ||||||
| GENERAL MANAGER | 65.00 | X | 87380 | 0 | 38170 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 225562 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 52675 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| JB CONSTRUCTION | |||||
| PO BOX 397 | LINTON | ND | 58552 | CONSTRUCTION SERVICES | 757878 |
| MICHELS POWER | |||||
| OBX 1719 | FOND DU LAC | WI | 54936 | CONSTRUCTION SERVICES | 557174 |
| GREAT LAKES LINE BUILDERS | |||||
| N2023 GREENVILLE DRIVE | GREENVILLE | WI | 54942 | CONSTRUCTION SERVICES | 303946 |
| CASS COUNTRY ELECTRIC COOPERATIVE | |||||
| 4100 32ND AVE S | FARGO | ND | 58104 | CONSTRUCTION SERVICES | 177002 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SALE OF POWER | Description |
| Business Code | 221000 | BusinessCode |
| Total Revenue Column | 6892392 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6892392 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 6892392 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 115168 | TotalRevenueColumn |
| Exclusion | $115,168 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 29406 | GrossSalesOfInventory |
| Cost Of Goods Sold | 32871 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -3465 | TotalRevenueColumn |
| Related Or Exempt Function Income | -3465 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7004095 | TotalRevenueColumn |
| Related Or Exempt Function Income | 6888927 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $115,168 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 278237 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 906443 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 177265 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13186 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12048 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18049 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 678577 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 923747 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| COST OF POWER | 2917670 |
| DISTRIBUTION/TRANMISSIO | 836860 |
| ADMINISTRATIVE & GENERA | 283041 |
| MISCELLANEOUS | 10584 |
| SALARIES & BENEFITS REP | -860899 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6194808 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 415520 | BOY |
| EOY | 180367 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 618119 | BOY |
| EOY | 996271 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 713604 | BOY |
| EOY | 708196 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42193 | BOY |
| EOY | 29513 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 398036 | BOY |
| EOY | 533027 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5650 | BOY |
| EOY | 5665 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 35559964 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 16867140 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17445281 | BOY |
| EOY | 18692824 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3269997 | BOY |
| EOY | 3220613 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35604 | BOY |
| EOY | 73203 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22944004 | BOY |
| EOY | 24439679 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 756584 | BOY |
| EOY | 668347 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12421153 | BOY |
| EOY | 13617167 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 393014 | BOY |
| EOY | 334463 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13570751 | BOY |
| EOY | 14619977 | 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 | 9373253 | BOY |
| EOY | 9819702 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9373253 | BOY |
| EOY | 9819702 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22944004 | BOY |
| EOY | 24439679 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 809287 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -362838 | 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 | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 35559964 | OtherCostOrOtherBasis |
| Depreciation | 16867140 | Depreciation |
| Book Value | 18692824 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 18692824 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (7 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| TERM CERTIFICATES-NATIONAL RURAL UTILITIES CFC | 119545 | C |
| PATRONAGE CREDITS-POWER/SUPPLIERS | 1327452 | C |
| FEDERATED RURAL ELECTRIC INSURANCE-STOCK | 55787 | C |
| RURAL ECONOMIC DEVELOPMENT LOANS | 644074 | C |
| ENERGY RESOURCE CONSERVATION LOANS | 58919 | C |
| VARIOUS | 14836 | C |
| TERM CERTIFICATES-BASIN ELECTRIC POWER COOPERATIVE | 1000000 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 3220613 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCRUED EXP. & DEFERRED CHARGES | $100,164 |
| DEFERRED POWER COST REFUND | $234,299 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 334463 | TotalOfAmounts |
| Total Revenue | 7004095 | TotalRevenue |
| Total Expenses | 6194808 | TotalExpenses |
| Excess Or Deficit For Year | 809287 | ExcessOrDeficitForYear |
| Other | -$362,838 | OtherAmount |
| Total Adjustments | -362838 | TotalAdjustments |
| Excess Or Deficit Per FS | 446449 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 7036966 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 32871 | OtherRevenues |
| Revenue Not Rptd F990 | 32871 | RevenueNotRptdF990 |
| Revenue Subtotal | 7004095 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 7004095 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6227679 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 32871 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 32871 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6194808 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6194808 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE COOPERATIVE IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. THE COOPERATIVE'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS, AND OTHER EVIDENCE. IT IS THE OPINION OF MANAGEMENT THAT THE COOPERATIVE HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL INCOME TAX RETURNS OF THE COOPERATIVE ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | RETIREMENT OF CAPITAL CREDITS -375,553. GAIN OF CAPITAL CREDITS TO ESTATES 12,715. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF MERCHANDISING-PART VIII LINE 10B 32,871. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | COST OF MERCHANDISING-PART VIII LINE 10B 32,871. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | INDIVIDUALS AND ENTITIES RECEIVING ELECTRICAL POWER FROM THE COOPERATIVE ARE MEMBERS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS ELECT ALL BOARD OF DIRECTORS AT THE ANNUAL MEETING. | |
| FORM 990, PART VI, SECTION A, LINE 7B | AT THE ANNUAL MEETING, ALL BYLAW CHANGES MUST BE APPROVED BY THE MEMBERS AND THE MEMBERS MAY VOTE ON MOTIONS CONCERNING THE OPERATIONS OF THE COOPERATIVE. | |
| FORM 990, PART VI, SECTION B, LINE 11 | A COMMITTEE COMPILED OF THE BOARD OF DIRECTORS CHAIRMAN, VICE CHAIRMAN, SECRETARY-TREASURER WILL REVIEW FORM 990 EACH YEAR BEFORE IT IS FILED. | |
| AT EACH BOARD METTING, ANY DIRECTOR WHO ACTUALLY OR POTENTIALLY IS INVOLVED WITH A SELF-DEALING MATTER, SHALL MAKE FULL DISCLOSURE OF THE INTEREST, SHALL NOT VOTE ON THE MATTER, AND SHALL LEAVE THE BOARD ROOM DURING THE DISCUSSION OF THE MATTER UNLESS REQUESTED TO STAY IN THE BOARD ROOM DURING THE DISCUSSION. | FORM 990, PART VI, SECTION B, LINE 12C | |
| CEO/EXECUTIVE DIRECTOR: A QUESTIONAIRE TO REVIEW THE PERFORMANCE OF THE GENERAL MANAGER/CEO IS COMPLETED BY THE BOARD OF DIRECTORS EACH YEAR, WHICH IS COMPILED BY THE ATTORNEY. PROPER COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AND RECORDED APPROPRIATELY IN THE BOARD MINUTES EACH YEAR. OTHER KEY EMPLOYEES: THE BOARD OF DIRECTORS SET UP A UNION NEGOTIATION COMMITTEE COMPILED OF 3 BOARD MEMBERS. THE COMMITTEE MEETS AS NEEDED AND NEGOTIATES WAGES FOR THE UNION EMPLOYEES. THE BOARD NEGOTIATION COMMITTEE THEN PRESENTS THEIR PROPOSAL TO THE FULL BOARD OF DIRECTORS, WHO THEN APPROVES OR DISAPPROVES THE WAGE INCREASE, WHICH IS DOCUMENTED IN THE BOARD MINUTES. ALL OTHER NON-UNION WAGES ARE GENERALLY BASED UPON UNION RAISES. THE BOARD OF DIRECTORS ARE INFORMED OF ALL WAGE INCREASES. | FORM 990, PART VI, SECTION B, LINE 15 | |
| BYLAWS & ARTICLES OF INCORPORATION ARE MAILED TO EACH NEW MEMBER AND ARE AVAILABLE UPON REQUEST. CONFLICT OF INTEREST POLICY IS AVILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE PUBLISHED EACH YEAR IN THE ANNUAL REPORT, AND ARE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | RETIREMENT OF CAPITAL CREDITS -375,553. GAIN OF CAPITAL CREDITS TO ESTATES 12,715. TOTAL TO FORM 990, PART XI, LINE 5: -362,838. | FORM 990, PART XI, LINE 5: |
| THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS IN THE CURRENT YEAR. THE FULL BOARD MEETS WITH THE AUDITOR AND REVIEWS THE AUDITED FINANCIAL STATEMENTS. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OPERATION ROUNDUP | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 107 S BROADWAY | AddressLine1 |
| City | LINTON | City |
| State | ND | State |
| ZIP Code | 58552 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 481299784 | EIN |
| Primary Activities | CHARITABLE CONTRIBUTIONS TO LOW INCOME AND NEEDY FAMILIES | PrimaryActivities |
| Legal Domicile State | ND | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 7 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | 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 | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | 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 |