2023-10-09T19:30:48-04:00 2022-12-31 743040374 KELSO LYNCH PC PA 6700 SQUIBB RD STE 215 MISSION KS 662023252 990 2022-01-01 840313075 SANGRE DE CRISTO ELECTRIC ASSOCIATION INC SANG 7193952412 29780 US HIGHWAY 24 BUENA VISTA CO 812112013 GARY KELLY INTERIM CEO 7193952412 2023-10-09 true GARY KELLY 999009999 false THOMAS F HANCOCK CPA P00501575 9138311150 2023-10-09 2022 2023-04-26 12:10:37Z PAUL A ERICKSON 22826177 false X WWW.MYELECTRIC.COOP X 1940 CO TO PROVIDE RELIABLE ELECTRIC POWER AND RELATED SERVICES TO OUR MEMBERS AT THE MOST AFFORDABLE COST. 7 7 50 0 0 21778186 22728021 107664 65990 61625 2273 21947475 22796284 0 1590955 1062172 1899100 2095483 0 0 18463198 19632851 21953253 22790506 -5778 5778 69491983 71370750 45659206 46833099 23832777 24537651 WE PROVIDE RELIABLE ELECTRIC ENERGY TO POWER THE LIVES OF OUR MEMBERS. false false SANGRE DE CRISTO ELECTRIC ASSOCIATION IS AN ELECTRIC DISTRIBUTION COOPERATIVE THAT PROVIDED ELECTRICITY TO APPROXIMATELY 14,500 SERVICES OF ITS MEMBERS LOCATED IN COLORADO. false false true 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 true false false true 32 0 true 50 true false false false false false 26142790 565999 false false false X 7 7 false false true false true true false true true false false false true true true false false true true false X PAUL A ERICKSON 7193952412 29780 US HIGHWAY 24 BUENA VISTA CO 812112013 PAUL A ERICKSON CEO 45.00 X 312218 0 164910 SARAH MCMAHON CAO 40.00 X 185253 0 78965 RYAN DOKE LINE SUPER 41.00 X 127813 0 91601 SARAH CRITES MANAGER OF F 42.00 X 132722 0 64868 PRESTON ELLIS WORKING FORE 44.00 X 124772 0 58344 CORY WAGNER LEAD LINEMAN 44.00 X 119500 0 56106 JOSHUA SAAR LEAD LINEMAN 45.00 X 124275 0 45323 MATTHEW SHEPHERD LEAD LINEMAN 45.00 X 119785 0 49515 GARY KELLY COO 40.00 X 79499 0 59464 JOSEPH REDETZKE CHAIR 10.00 X 17150 0 0 CHARLES A ABEL SECRETARY 6.00 X 12050 0 0 DAN DALY VICE CHAIR 6.00 X 11600 0 0 SUZANNE KELLY DIRECTOR 5.00 X 10950 0 0 GEOFF GERK TREASURER 6.00 X 6950 0 0 SANDRA ATTEBERY SECRETARY 5.00 X 6050 0 0 TOMMY FLOWER DIRECTOR 4.00 X 4550 0 0 NICHOLAS HELLBUSCH DIRECTOR 5.00 X 4200 0 0 BLAKE BENNETTS DIRECTOR 5.00 X 3000 0 0 DAVID VOLPE DIRECTOR 5.00 X 2200 0 0 GARY KELLY INTERIM CEO X 0 0 0 1404537 669096 17 false true false 6 SALE OF ELECTRICITY 221000 22249901 22249901 CAPITAL CREDITS 221000 346226 346226 MISCELLANEOUS ELECTRIC 221000 131894 131894 22728021 65990 65990 5831 26137 29893 -24062 26137 2075 -24062 26137 OTHER NON-OPERATING 221000 198 198 198 22796284 22704157 92127 X 1062172 1156599 21850 917034 1342719 2168454 COST OF POWER 10603043 DISTRIBUTION EXPENSE 2766609 ADMIN & GENERAL 1887836 MEMBER SERVICES 864190 22790506 0 0 0 1699104 1979989 340000 340000 2292481 2775027 1706128 2429546 1499491 1412527 76915589 26428938 50003871 50486651 11950908 11947010 69491983 71370750 2971467 3272294 39734251 40938472 2953488 2622333 45659206 46833099 X 346570 394657 23486207 24142994 23832777 24537651 69491983 71370750 X 5778 699096 X false true X true 5000 5000 true CARE MEMBERSHIP ORGANIZATION 5400 WASHINGTON ST DENVER CO 80216 743106451 5000 SCHEDULE C, PART I-A, LINE 1 CONTRIBUTIONS TO CARE MEMBERSHIP ORGANIZATION. 269184 269184 5139226 1998622 3140604 71507179 24430316 47076863 50486651 INVESTMENTS IN ASSOCIATED ORGA 10748164 C NON-UTILITY PROPERTY 500022 C SUBORDINATED CERTIFICATES 377101 C OTHER INVESTMENTS 321723 C 11947010 DEFERRED CREDITS 2622333 2622333 X 22790506 -5778 -5778 22796284 22796284 21728334 21728334 1062172 1062172 22790506 SCHEDULE D, PAGE 3, PART X AN EVALUATION OF WHETHER OR NOT IT HAS ANY UNCERTAIN TAX POSITIONS IS DETERMINED ON AN ANNUAL BASIS BY THE COOPERATIVE. WHILE THE COOPERATIVE BELIEVES IT HAS ADEQUATELY PROVIDED FOR ALL TAX POSITIONS, AMOUNTS ASSERTED BY TAXING AUTHORITIES COULD BE DIFFERENT THAN THE POSITIONS TAKEN BY THE COOPERATIVE. THE COOPERATIVE RECOGNIZES ANY INTEREST AND PENALTIES IN INCOME TAX EXPENSE AND, WITH FEW EXCEPTIONS, IS NO LONGER SUBJECT TO FEDERAL, STATE, OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2019. SCHEDULE D, PAGE 4, PART XI, LINE 2D BOOK TO TAX DEP DIFFERENCE ON RENTAL EXP -5,778 SCHEDULE D, PAGE 4, PART XII, LINE 4B CY MARGINS ASSIGNED TO MEMBERS 679,597 CY MARGINS NOT ASSIGEND TO MEMBERS 382,575 X X false false false PAUL A ERICKSON CEO 312218 142504 22406 477128 SARAH MCMAHON CAO 185253 58056 20909 264218 RYAN DOKE LINE SUPER 127813 71105 20496 219414 SARAH CRITES MANAGER OF FINANCE 132722 44665 20203 197590 PRESTON ELLIS WORKING FOREMAN 124772 38190 20154 183116 CORY WAGNER LEAD LINEMAN 119500 44800 11306 175606 JOSHUA SAAR LEAD LINEMAN 124275 25244 20079 169598 MATTHEW SHEPHERD LEAD LINEMAN 119785 29436 20079 169300 FORM 990, PAGE 6, PART VI, LINE 4 DURING THE YEAR, THE MEMBERS OF THE COOPERATIVE APPROVED TO AMEND THE THE FOLLOWING BYLAWS OF THE COOPERATIVE: ARTICLE I - MEMBER MEETINGS AND VOTING SECTION 6 - NOTICE OF MEMBER MEETINGS SECTION 6 WAS AMENDED TO INCREASE THE TIME PERIOD OF WRITTEN OR PRINTED NOTICE TO NO MORE THAN 60 DAYS BEFORE THE DATE OF THE MEETING FROM THE PREVIOUS OF 30 DAYS. ARTICLE II - BOARD OF DIRECTORS SECTION 3 - QUALIFICATIONS, SUBSECTION A, ITEM 5 SECTION 3, SUBSECTION A, ITEM 5 WAS ADDED TO THE QUALIFICATIONS TO SERVE AS A DIRECTOR. THE ADDITIONS STATES "PROTECT THE CONFIDENTIALITY OF PERSONAL IDENTIFIABLE INFORMATION OR OTHER CONFIDENTIAL INFORMATION PROVIDED TO SDCEA BY MEMBERS, CONSUMERS, EMPLOYEES, DIRECTORS, VENDORS AND THE PUBLIC. ARTICL II- BOARD OF DIRECTORS SECTION 3 - QUALIFICATIONS, SUBSECTION B, ITEM 1 SECCTION 3, SUBSECTION B, ITEM 1 WAS AMENDED TO STATE THAT THE BOARD OF DIRECTORS SHALL ESTABLISH A POLICY TO EXECUTE A VOTE TO EXPEL A DIRECTOR FOR FAILURE TO MEET THE QUALIFICATIONS PROVIDED IN ARTICLE II, SECTION 3.A OF THESE BYLAWS. FORM 990, PAGE 6, PART VI, LINE 6 SANGRE DE CRISTO IS A MEMBER OWNED ELECTRIC COOPERATIVE. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS ARE ALLOWED TO CAST A VOTE IN THE ELECTION OF BOARD MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE CEO AND MANAGER OF FINANCE REVIEW AND APPROVE THE 990 BEFORE SUBMITTAL. THE 990 IS AVAILABLE TO THE BOARD AFTER IT HAS BEEN SUBMITTED. FORM 990, PAGE 6, PART VI, LINE 12C POLICY A-18 REQUIRES DIRECTORS AND THE CEO TO DISCLOSE IN WRITING, ANY CONFLICT, POTENTIAL CONFLICT OR APPEARANCE OF CONFLICT AS SOON AS THE DIRECTOR OR CEO IDENTIFIES THAT THERE MAY BE ANY ONE OF THOSE. FURTHER, EACH DIRECTOR AND THE CEO ARE REQUIRED TO ANNUALLY DISCLOSE ALL CONFLICTS OF INTEREST IN WRITING ON SDCEA'S CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORM. THE ANNUAL DISCLOSURE IS COMPLETED IN JULY. POLICY E-24 REQUIRES THE SAME OF EMPLOYEES OTHER THAN THE CEO AND THE ANNUAL DISCLOSURE WILL BE COMPLETED AT DATE OF HIRE AND IN JULY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD USES THE EMPLOYER'S COUNSEL PAY DATA SURVEY, THE COLORADO RURAL ELECTRIC ASSOCIATION PAY DATA SURVEY, THE NRECA MARKET SURVEY, AND PERFORMANCE EVALUATIONS TO DETERMINE KEY EMPLOYEE COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD USES THE EMPLOYER'S COUNSEL PAY DATA SURVEY, THE COLORADO RURAL ELECTRIC ASSOCIATION PAY DATA SURVEY, THE NRECA MARKET SURVEY, AND PERFORMANCE EVALUATIONS TO DETERMINE KEY EMPLOYEE COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 BYLAWS ARE OFFERED TO ALL NEW MEMBERS; ALL OTHER DOCUMENTS ARE AVAILABLE AT ANY TIME UPON REQUEST. FORM 990, PART X FORM 990, PART IX, LINE 4 THE INSTRUCTIONS TO THE 2022 FORM 990 INDICATE THAT ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(12) SHOULD REPORT "PATRONAGE DIVIDENDS PAID" TO THEIR MEMBERS IN PART IX, LINE 4 OF THE FORM 990. THE COOPERATIVE HAS INTERPRETED THE WORDS "PATRONAGE DIVIDENDS PAID" IN THE INSTRUCTIONS TO MEAN MARGINS THAT ARE ASSIGNED OR ASSIGNABLE TO THE MEMBERS. THE COOPERATIVE ASSIGNS THE NET MARGINS TO ITS MEMBERS EACH YEAR. THEREFORE, THE AMOUNT LISTED IN PART IX, LINE 4 REPRESENTS THE NET MARGINS ASSIGNABLE TO THE MEMBERS FOR THE CALENDAR YEAR ENDED DECEMBER 31, 2022. FORM 990, PART XI, LINE 9 CY MARGINS ASSIGNED TO MEMBERS 679,597 CY MARGINS NOT ASSIGNED TO MEMBERS 382,575 OTHER CHANGES 48,087 RETIREMENT OF CAPITAL CREDITS -405,385 BOOK TO TAX DEPR DIFFERENCE -5,778 TOTAL 699,096 SANGRE DE CRISTO ELECT OPER RU 29780 US HWY 24 N BUENA VISTA CO 81211 201498404 BETTER QUA CO 501C3 7 SANGRE DE CRISTO ELECTRIC ASSOCIATION false false false false false false false false false false false false false false false false false false false false