Hawkeye Tri-County Electric Cooperative: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- Hawkeye Tri-County Electric Cooperative (EIN 42-0320323)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-08-12
- IRS object ID
- 201142289349301339
- 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 | 2011-08-12T15:32:57-05:00 | 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 | 420320323 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAWKEYE TRI-COUNTY ELECTRIC COOPERATIVE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HAWK | NameControl |
| Phone | 5635473801 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 90 | AddressLine1 |
| City | CRESCO | City |
| State | IA | State |
| ZIP Code | 52136 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRIAN KRAMBEER | Name |
| Title | CEO | Title |
| Phone | 5635473801 | Phone |
| Date Signed | 2011-08-04 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LAURIE HANSON | Name |
| Phone | 6053391999 | Phone |
| Date Prepared | 2011-08-04 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAWKEYE REC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | BRIAN KRAMBEER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 90 | AddressLine1 |
| City | CRESCO | City |
| State | IA | State |
| ZIP Code | 52136 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 21287682 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.HAWKEYEREC.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1938 | YearFormation |
| State Legal Domicile | IA | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE ACCESS TO SAFE, DEPENDABLE AND AFFORDABLE ELECTRIC SERVICES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 41 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 93438 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 55583 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 19440853 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 20784271 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 89106 | InvestmentIncomePriorYear |
| Investment Income Current Year | -368700 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 53349 | OtherRevenuePriorYear |
| Other Revenue Current Year | 40052 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 19583308 | TotalRevenuePriorYear |
| Total Revenue Current Year | 20455623 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 100 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 8490 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2759106 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2878613 | 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 | 15607814 | OtherExpensePriorYear |
| Other Expenses Current Year | 16976656 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 18367020 | TotalExpensesPriorYear |
| Total Expenses Current Year | 19863759 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1216288 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 591864 | RevenuesLessExpensesCY |
| Total Assets BOY | 47941485 | TotalAssetsBOY |
| Total Assets EOY | 48045698 | TotalAssetsEOY |
| Total Liabilities BOY | 30016527 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 29966676 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 17924958 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 18079022 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | AS A LOCALLY OWNED COOPERATIVE ORGANIZATION WE STRIVE TO PROVIDE A RELIABLE ELECTRIC DISTRIBUTION SYSTEM, MAINTAIN FINANCIAL STABILITY, COMMUNICATE, MAXIMIZE MARKETING OPPORTUNITIES, PROVIDE OTHER RELATED SERVICES, AND USE SOUND BUSINESS PRACTICES THUS EARNING THE TRUST, LOYALTY AND RESPECT OF OUR PATRONS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | DISTRIBUTION OF ELECTRICITY TO APPROXIMATELY 5,420 MEMBERS LOCATED PRIMARILY IN RURAL AREAS. | 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 | 1 | 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 | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | 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 | 1 | 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 | 23 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 41 | 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 |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Gross Income From Members | 20368944 | GrossIncomeFromMembers |
| Gross Income Other Sources | 441133 | 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 | 1 | 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 | 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 | BRIAN KRAMBEER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5635473801 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 90 | AddressLine1 |
| City | CRESCO | City |
| State | IA | State |
| ZIP Code | 52136 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (13 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| DEAN FISHER | ||||||
| PRESIDENT | 5.00 | X | X | 11234 | 0 | 0 |
| CHARLES FRANA | ||||||
| VICE PRESIDENT | 6.00 | X | X | 10763 | 0 | 0 |
| DENNIS PTACEK | ||||||
| SECRETARY/TREASURER | 4.00 | X | X | 8444 | 0 | 0 |
| NORMAN DICKMAN | ||||||
| DIRECTOR | 5.00 | X | 9935 | 0 | 0 | |
| JANELLE MAHR 11-331 | ||||||
| DIRECTOR | 7.00 | X | 2265 | 0 | 0 | |
| ROGER NIBAUR | ||||||
| DIRECTOR | 7.00 | X | 9776 | 0 | 0 | |
| DENNIS YOUNG | ||||||
| DIRECTOR | 5.00 | X | 10787 | 0 | 0 | |
| JOHN HOCKSPEIER 11-331 | ||||||
| DIRECTOR | 8.00 | X | 2149 | 0 | 0 | |
| DEAN NIERLING | ||||||
| DIRECTOR | 4.00 | X | 8379 | 0 | 0 | |
| DARLA RANCE 41-1231 | ||||||
| DIRECTOR | 4.00 | X | 6598 | 0 | 0 | |
| CARL REICKS 41-1231 | ||||||
| DIRECTOR | 3.00 | X | 5280 | 0 | 0 | |
| PEGGY BERG | ||||||
| CHIEF FINANCIAL OFFICER | 46.00 | X | 89494 | 0 | 31295 | |
| BRIAN KRAMBEER | ||||||
| CHIEF EXECUTIVE OFFICER | 30.00 | X | 95913 | 0 | 62666 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 271017 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 93961 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 1 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ARCHITECTURAL DESIGN GROUP LLC | |||||
| 393 RED CEDAR ST | MENOMONIE | WI | 54751 | ARCHITECTURAL SERVICES | 210301 |
| TRI-COUNTY ELECTRIC COOPERATIVE | |||||
| 31110 COOPERATIVE WAY | RUSHFORD | MN | 55971 | MANAGEMENT SERVICES | 144456 |
| ACCULINE CONSULTING | |||||
| 7333 CATTLE DR | NASHPORT | OH | 43830 | LINE STAKING, MAPPING, GPS | 105158 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| SALE OF POWER | 221000 | 20368944 | 20353015 | 15929 | |
| CAPITAL CREDITS | 221000 | 485102 | 485102 | ||
| EQUITY EARNINGS | 900099 | 20765 | 20765 | ||
| INVESTMENT IN HTC CORP | 531390 | -90540 | -90631 | $91 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 20784271 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 116087 | TotalRevenueColumn |
| Unrelated Business Revenue | 77509 | UnrelatedBusinessRevenue |
| Exclusion | $38,578 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 64893 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 549680 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -484787 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -484787 | TotalRevenueColumn |
| Exclusion | -$484,787 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 322431 | GrossSalesOfInventory |
| Cost Of Goods Sold | 282379 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 40052 | TotalRevenueColumn |
| Related Or Exempt Function Income | 40052 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 20455623 | TotalRevenueColumn |
| Related Or Exempt Function Income | 20808303 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 93438 | UnrelatedBusinessRevenue |
| Exclusion | -$446,118 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8490 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 349191 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1960688 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 411895 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 156839 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1160741 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1213642 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| COST OF POWER | 12869504 |
| DISTR. - OPERATIONS | 1169205 |
| ADMIN. & GENERAL | 1100831 |
| UBI TAX | 10110 |
| ALLOCATED & OTHER COSTS | -547377 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19863759 | Total |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2927771 | BOY |
| EOY | 1353681 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3138465 | BOY |
| EOY | 2532920 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1662119 | BOY |
| EOY | 1296741 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1267787 | BOY |
| EOY | 1285807 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 46186641 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 10870977 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33208199 | BOY |
| EOY | 35315664 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 432357 | BOY |
| EOY | 424753 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5085573 | BOY |
| EOY | 5560236 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 219214 | BOY |
| EOY | 275896 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47941485 | BOY |
| EOY | 48045698 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3452276 | BOY |
| EOY | 2726084 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 4074 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23338749 | BOY |
| EOY | 24055040 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1150000 | BOY |
| EOY | 750000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2075502 | BOY |
| EOY | 2431478 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30016527 | BOY |
| EOY | 29966676 | 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 | 17924958 | BOY |
| EOY | 18079022 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17924958 | BOY |
| EOY | 18079022 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47941485 | BOY |
| EOY | 48045698 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 591864 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -437800 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 146679 | OtherCostOrOtherBasis |
| Book Value | 146679 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 51280 | OtherCostOrOtherBasis |
| Depreciation | 4260 | Depreciation |
| Book Value | 47020 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 51952 | OtherCostOrOtherBasis |
| Depreciation | 10543 | Depreciation |
| Book Value | 41409 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 40416168 | OtherCostOrOtherBasis |
| Depreciation | 10437720 | Depreciation |
| Book Value | 29978448 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5520562 | OtherCostOrOtherBasis |
| Depreciation | 418454 | Depreciation |
| Book Value | 5102108 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 35315664 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| INVESTMENT IN ASSOCIATED COMPANIES | 5360614 | C |
| EQUITY INVESTMENTS | 199622 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 5560236 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CUSTOMER DEPOSITS | $81,038 |
| DEFERRED CREDITS | $2,350,440 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2431478 | TotalOfAmounts |
| Total Revenue | 20455623 | TotalRevenue |
| Total Expenses | 19863759 | TotalExpenses |
| Excess Or Deficit For Year | 591864 | ExcessOrDeficitForYear |
| Other | -$437,800 | OtherAmount |
| Total Adjustments | -437800 | TotalAdjustments |
| Excess Or Deficit Per FS | 154064 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 20492019 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 36396 | OtherRevenues |
| Revenue Not Rptd F990 | 36396 | RevenueNotRptdF990 |
| Revenue Subtotal | 20455623 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 20455623 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 19900155 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 36396 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 36396 | ExpensesNotRptdF990 |
| Expenses Subtotal | 19863759 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 19863759 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART IV, LINE 2B: | HAWKEYE TRI-COUNTY'S RECARE PROGRAM PROVIDES MEMBERS WITH THE ABILITY TO DONATE MONEY THROUGH THE COOPERATIVE TO HELP NEEDY MEMBERS PAY THEIR ELECTRIC BILLS. THE ACCOUNT IS LISTED ON THE BALANCE SHEET AS A LIABILITY. | |
| PART X: | THE COOPERATIVE ADOPTED THE PROVISIONS OF FASB ACCOUNTING STANDARDS CODIFICATION TOPIC ASC 740-10 (PREVIOUSLY FINANCIAL INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES), ON JANUARY 1, 2009. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE CONSOLIDATED FINANCIAL STATEMENTS. AS OF BOTH THE DATE OF ADOPTION, AND AS OF DECEMBER 31, 2010, THERE WAS NO UNRECOGNIZED TAX ACCRUAL. THE COOPERATIVE WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. GENERALLY, THE COOPERATIVE IS NO LONGER SUBJECT TO FEDERAL OR STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2007. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| RETIREMENT OF CAPITAL CREDITS -437,800. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| INVESTMENT IN HTC DEVELOPMENT CORPORATION 36,396. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| INVESTMENT IN HTC DEVELOPMENT CORPORATION 36,396. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation |
|---|---|---|---|
| RECARE - ASSISTANCE WITH ELECTRIC BILLS. | 36 | 5990 | BOOK/FMV |
| SCHOLARSHIPS | 5 | 2500 | BOOK/FMV |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BRIAN KRAMBEER | NamePerson |
| Base Compensation Filing Org | 94127 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 1786 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 53107 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 10109 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 159129 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | BRIAN KRAMBEER'S COMPENSATION AND HOURS WORKED PER WEEK ARE SPLIT EVENLY BETWEEN HAWKEYE TRI-COUNTY ELECTRIC COOPERATIVE AND AN UNRELATED ORGANIZATION, TRI-COUNTY ELECTRIC COOPERATIVE. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (12 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | HAWKEYE TRI-COUNTY ELECTRIC COOPERATIVE SHARES A GENERAL MANAGER, BRIAN KRAMBEER, WITH TRI-COUNTY ELECTRIC COOPERATIVE OF RUSHFORD, MINNESOTA. BRIAN KRAMBEER IS AN EMPLOYEE OF TRI-COUNTY ELECTRIC COOPERATIVE. HAWKEYE TRI-COUNTY ELECTRIC COOPERATIVE HAS CONTRACTED WITH TRI-COUNTY ELECTRIC COOPERATIVE FOR BRIAN KRAMBEER'S SERVICES. | |
| FORM 990, PART VI, SECTION A, LINE 6 | EACH MEMBER HOLDS A MEMBERSHIP OF THE SAME CLASS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | ALL MEMBERS ARE ENTITLED TO ONE VOTE. | |
| FORM 990, PART VI, SECTION A, LINE 7B | ANY CHANGES TO THE ARTICLES OF INCORPORATION WILL REQUIRE A VOTE FROM THE MEMBERSHIP. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 WILL BE PRESENTED TO THE BOARD OF DIRECTORS AT THE BOARD MEETING PRIOR TO BEING FILED WITH THE IRS. EACH DIRECTOR WILL RECEIVE A COPY OF THE FORM 990 FOR REVIEW AND DISCUSSION WILL FOLLOW. | |
| THE CONFLICT OF INTEREST POLICY COVERS DIRECTORS AND OFFICERS. ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE COMPLETED. ONCE COMPLETED, THE STATEMENTS ARE REVIEWED BY THE BOARD OF DIRECTORS. IF THERE IS A CONFLICT, THE AFFECTED OFFICER OR DIRECTOR WILL ABSTAIN FROM VOTING. | FORM 990, PART VI, SECTION B, LINE 12C | |
| COMPENSATION OF THE CEO IS DETERMINED BY THE BOARD OF DIRECTORS. OTHER OFFICERS WOULD BE SUBJECT TO THE COMPENSATION PLAN OF THE HAWKEYE TRI-COUNTY REC WHICH INCLUDES MARKET ANALYSIS OF JOB POSITIONS. THE BOARD OF DIRECTORS HAS A POLICY IN PLACE REGARDING PER DIEM AND EXPENSE REIMBURSEMENTS. THE POLICY WAS LAST REVIEWED AND UTILIZED IN 2010. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| COMPENSATION AND AVERAGE HOURS PER WEEK | BRIAN KRAMBEER'S COMPENSATION AND HOURS WORKED PER WEEK ARE SPLIT EVENLY BETWEEN HAWKEYE TRI-COUNTY ELECTRIC COOPERATIVE AND AN UNRELATED ORGANIZATION, TRI-COUNTY ELECTRIC COOPERATIVE. HIS COMPENSATION AND HOURS WORKED PER WEEK ARE REPORTED ONLY FOR THE SERVICES PROVIDED TO HAWKEYE TRI-COUNTY ELECTRIC COOPERATIVE. | FORM 990, PART VII, LINE 1A: |
| OTHER COMPENSATION | INCLUDED IN OTHER COMPENSATION IS THE ESTIMATED CURRENT YEAR INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN FOR THE CEO AND CFO. 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 ADMINISTRATOR. | FORM 990, PART VII, COLUMN F, OTHER COMPENSATION: |
| CHANGES IN NET ASSETS OR FUND BALANCES: | RETIREMENT OF CAPITAL CREDITS -437,800. TOTAL TO FORM 990, PART XI, LINE 5: -437,800. | FORM 990, PART XI, LINE 5: |
| ALLOCATED AND OTHER EXPENSE | THE LABOR, PENSION AND PAYROLL TAXES REPORTED ON LINES 6-10 ARE INCLUDED IN DISTRIBUTION EXPENSE, ADMINISTRATIVE & GENERAL EXPENSE AND CUSTOMER EXPENSE. THEREFORE, LABOR, PENSION AND PAYROLL TAXES ARE SHOWN AS A REDUCTION TO OTHER EXPENSES ON LINE 24E. | FORM 990, PART IX, LINE 24E STATEMENT OF FUNCTIONAL EXPENSES: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HTC DEVELOPMENT CORPORATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 90 | AddressLine1 |
| City | CRESCO | City |
| State | IA | State |
| ZIP Code | 52136 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 680403643 | EIN |
| Primary Activity | HOUSING DEVELOPMENT | PrimaryActivity |
| Legal Domicile State | IA | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAWKEYE TRI-COUNTY ELECTRIC COOPERATIVE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Share Of Total Income | -90539 | ShareOfTotalIncome |
| Share Of EOY Assets | 1656074 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | 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 | 1 | 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
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HTC DEVELOPMENT CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | A | TransactionType |
| Amount Involved | 77509 | AmountInvolved |
| Method Of Amt Determination | BOOK/FMV | MethodOfAmtDetermination |