2023-05-09T17:39:42-04:00 2022-12-31 990 2022-01-01 840271515 MORGAN COUNTY RURAL ELECTRIC ASSOCIATION % David P Frick MORG 9708675688 PO BOX 738 FORT MORGAN CO 807010738 David P Frick General Manager 2023-05-09 false 2022 2023-04-26 12:10:37Z David P Frick PO BOX 738 FORT MORGAN CO 807010738 44845584 false X www.mcrea.org X 1937 CO Morgan County Rural Electric Association is a cooperative that provides distribution and sales of electric energy on a retail basis to the rural areas of six counties in Colorado. 9 9 40 0 0 0 0 0 44842575 44472240 259442 330706 799 -10118 45102816 44792828 0 0 5359374 4448554 4254405 4422268 0 0 0 35489037 35922006 45102816 44792828 0 0 104279755 110605529 55646146 60756879 48633609 49848650 Morgan County Rural Electric Association is a cooperative that provides distribution and sales of electric energy on a retail basis to the rural areas of six counties in Colorado. false false 44792828 0 44472239 Provided electrical power to 9265 meters. Delivered and sold 382,390,732 kWh to our member owners. 0 0 0 0 0 0 0 0 0 44792828 false false false false false false false false false true false true false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 48 0 true 40 true false false false false false 43962413 830414 false false false X 9 9 false false false false true true true true true false false false true true true true true true true false X Morgan County REA David Frick 9708675688 734 Barlow Road FORT MORGAN CO 80701 David Frick General Manager 45.00 0.00 X 213558 0 88003 Steve Sundet Manager of Engineering 45.00 0 X 140273 0 65751 Bobby Brenton Manager of Operations 45.00 0 X 142184 0 54822 Robb Shaver Manager of Office Services 45.00 0 X 128111 0 62309 Rodney Rhoades Lineman 40.00 0 X 119527 0 55306 Alan Mason Line Superintendant 45.00 0 X 112039 0 56936 Robert Baranowski Manager of Member Services 45.00 0 X 102005 0 54392 Cary Wickstrom Director 5.00 0 X X 31918 0 0 J Brian Pabst Director 5.00 0 X X 31318 0 0 Jim Bostron Director 2.00 0.00 X 19732 0 0 David E Arndt Director 6.00 0.00 X 36118 0 0 Randolph D Graff Director 3.00 0.00 X 29318 0 0 Larry Hoozee Director 4.00 0.00 X 32118 0 0 Terry Tormohlen Director 5.00 0.00 X X 32500 0 0 Terry Linker Director 5.00 0.00 X X 17432 0 0 Timothy A Peggram Director 5.00 0.00 X 33718 0 0 1221869 0 437519 7 false true false United Tree Service 28171 MCR Q Brush CO 80723 Tree Trimming 176641 Altitude Energy PO Box 359 Keenesburg CO 80643 Power Line Construction 687068 Great Plains Power 3716 W Old Hwy Grand Island NE 68803 Power Line Construction 321241 3 0 0 0 0 0 0 0 0 Utilities 221000 43981676 43981676 0 0 Utilities 221000 365100 365100 0 0 Utilties 221000 125464 125464 0 0 0 0 0 0 0 0 0 0 0 0 0 0 44472240 323001 0 0 323001 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7705 0 0 0 7705 7705 7705 0 0 0 0 0 0 0 0 0 0 0 0 0 0 42638 52756 -10118 -10118 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 44792828 44469827 0 323001 0 0 0 0 0 0 4448554 4448554 756151 756151 0 0 0 0 0 0 3213398 3213398 0 0 190185 190185 0 0 0 0 0 0 262534 252534 0 0 0 0 0 0 72647 72647 0 0 14300 14300 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11198 11198 0 0 6134 6134 0 0 43816 43816 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 36196 36196 0 0 1567058 1567058 0 0 0 0 0 0 2072818 2072818 0 0 0 0 0 0 Purchased Power 29210166 29210166 0 0 Distribution Expense 1395961 1395961 0 0 Administrative and General Expense 379955 379955 0 0 Consumer Sales and Service Expense 1019722 1019722 0 0 92035 92035 0 0 44792828 44782828 0 0 0 0 0 0 1604812 4672176 11551582 12987172 0 0 3533757 3111352 0 0 0 0 0 0 1628581 2784406 1077004 827264 78709780 14441093 62809016 64268687 0 0 0 0 21859615 21747204 0 0 215388 207268 104279755 110605529 2408370 3328816 0 0 0 0 0 0 0 0 0 0 47893711 51882043 0 0 5344065 5546020 55646146 60756879 X 0 0 4832204 5932295 43801405 43916355 48633609 49848650 104279755 110605529 X 0 0 0 0 0 1215041 X false true X true false 0 0 0 0 76870 76870 7245287 657120 6588167 0 0 0 4556226 3142315 1413911 66831779 10641658 56189739 64268687 Investments in Associated Organizations 21747204 C 21747204 Accumulated Provision for Pension and Benefits 2492932 Consumer Deposits 50941 Accrued Taxes 1181168 Accrued Interest 60221 Accrued PTO 380425 Cafeteria Plan 3154 Accrued Payroll 159582 Deferred Credits 1217597 5546020 X 44792828 0 44792828 0 44792828 40252239 0 40252239 4540589 4540589 44792828 Part X, line 2 The cooperative evaluates the components of the annual test for maintenance of its tax-exempt status under section 501c 12 of the Internal Revenue Code of 1996 as amended. This process includes an analysis of whether the position the cooperative takes with regard to a particular item of income would meet the definition of an uncertain tax position under the Accounting Standards Codification No. 740 Accounting for Uncertainty in Income Taxes. Part XII, line 4b Part XII Line 4b: Benefits Paid to Members $4,448,554; Other Deductions $92,035 X X X false false false David Frick General Manager 213558 0 0 0 0 0 65656 0 22346 0 301560 0 0 0 Robb Shaver Manager of Office Services 128111 0 0 0 0 0 39963 0 22346 0 190420 0 0 0 Steve Sundet Manager of Engineering 140273 0 0 0 0 0 43404 0 22346 0 206023 0 0 0 Bobby Brenton Manager of Operations 142184 0 0 0 0 0 35273 0 19549 0 197006 0 0 0 Rodney Rhoades Lineman 119527 0 0 0 0 0 34306 0 21000 0 174833 0 0 0 Robert Baranowski Manager of Member Services 102005 0 0 0 0 0 32046 0 22346 0 156397 0 0 0 Alan Mason Line Superintendant 112039 0 0 0 0 0 34589 0 22346 0 168974 0 0 0 Part VI, Line 6 The organization has members. Each member has one vote. The Board of directors are elected by a vote of the entire membership. A meeting of the members is held once a year when the election takes place. Mail in ballots are also available. Any changes to the By-laws of the Cooperative is also voted on by the members at this meeting. Minutes of the meeting are taken and are made available to the membership. The minutes of the monthly Board meetings are reviewed by the auditor. Part VI, Line 7a | Class of the Person: Nature of their rights:| Member One member one vote| Part VI, Line 7b | Class of the Person: Decisions that require their approval: Nature of their rights:| Member Director elections and by-law changes. One member one vote| Part VI, Line 11a The Form 990 will be reviewed by the General Manager prior to filing. The remaining governing body will review at the next scheduled board meeting. Part VI, Line 11b This Form 990 is reviewed by the General Manager of the organization before the form is filed. Part VI, Line 12c The policy is reviewed at a regularly scheduled meeting of the Board of Directors governing body. The General Manager regularly and consistently monitors and enforces compliance with the policy. Part VI, Line 15 CEO - David P Frick The General Manager's compensation is determined by the Board of Directors using individual reviews and comparisons within the industry. Key Employees The General Manager determines the compensation for the key employees using a formal written and oral review system. The review also includes a planning session for the future. Part VI, Line 19 New members of the Cooperative receive an information booklet that includes the Articles of Incorporation and By-laws. This information is also on our web site: www.mcrea.org. Board Policy No. 2-5 Member Consumer Requests for Cooperative Information establishes the rules and procedures to be followed in response to request from member consumers for Cooperative information. An annual report including financial statements is mailed to the membership and is also available on the web site. Part XI, Line 9 | Description:, Explanation:, Amount:| Retirement of Capital Credits, Retirement of Capital Credits, $-4333605| FASB 106 Obligation, FASB 106 Obligation, $806608| Reacquired Capital Stock Other, Reacquired Capital Stock Other, $293483| Operating Margins, Operating Margins, $3770882| Non-Operating Margins, Non-Operating Margins, $677673|