2023-11-09T10:05:30-05:00 2022-12-31 481290482 LARSON PA PO BOX 1029 AFTON WY 83110 990 2022-01-01 841424733 UNITED ELECTRIC CO-OP INC UNIT 1330 21ST STREET HEYBURN ID 83336 MICHAEL DARRINGTON GENERAL MANAGER 2086792222 2023-05-10 true MICHAEL DARRINGTON DAVID LARSON P00283073 3078854272 2023-11-09 0 00 AAL2 IAL1 2022 2023-04-26 12:10:37Z MICHAEL DARRINGTON 22389324 false X WWW.UEC.COOP X 1997 ID ELECTRIC ENERGY SALES TO PATRONS 8 8 29 0 0 0 19753487 21783340 60533 268723 68463 74362 19882483 22126425 0 1981136 1670830 3701460 3732145 0 0 14199887 16723450 19882483 22126425 0 23389299 27141492 4253662 6849250 19135637 20292242 ELECTRIC ENERGY SALES TO PATRONS false false ELECTRIC ENERGY SALES AND MAINTENANCE TO 7,322 ACTIVE SERVICES FOR 4,900 MEMBERS. THE COOPERATIVE PURCHASED 373,859,857 KWH OF ELECTRICITY. false false true false false false false false false true false false 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 126 0 true 29 true false false false false false 21802982 586342 false false false X 8 8 false false false false true true true true true false false true true true true true true true true false X CARLA BECK 2086792222 1330 21ST STREET HEYBURN ID 83336 MICHAEL DARRINGTON GENERAL MANAGER 40.00 0.00 X 176754 0 61710 TREVOR PARKE ENGINEERING & OPERATIONS MANA 40.00 0.00 X 142240 0 63682 FRANK A MATTHEWS LINE FOREMAN 40.00 0.00 X 123726 0 61595 ACE JONES LINEMAN 40.00 0.00 X 127264 0 48627 CHARLES FLEMING WORKING FOREMAN 40.00 0.00 X 122270 0 51462 BLAIR BURKMAN LINEMAN 40.00 0.00 X 125830 0 47354 CARLA BECK ACCOUNTANT 40.00 0.00 X 100011 0 58728 DAVID HRUZA VICE-PRESIDENT 4.00 0.00 X X 17725 0 0 DEAN NIELSEN PRESIDENT 4.00 0.00 X X 16400 0 0 BRUCE BECK DIRECTOR 4.00 0.00 X 15963 0 0 DAVID PHILLIPS DIRECTOR 4.00 0.00 X 15700 0 0 GEORGE TONER DIRECTOR 4.00 0.00 X 15500 0 0 CORDELL SEARLE SECRETARYTREASURER 4.00 0.00 X X 15500 0 0 BRENT BOWEN DIRECTOR 4.00 0.00 X 15400 0 0 DAVID SMITH DIRECTOR 4.00 0.00 X 13325 0 0 1043608 0 393158 14 false true false SALES OF ELECTRICITY 221000 20739078 20739078 OTHER OPERATING REV 221000 1044262 1044262 21783340 40287 40287 19642 19642 19642 19642 491335 262899 228436 228436 228436 NON-OPERATING INCOME 900099 54720 54720 54720 22126425 22086138 0 40287 1670830 522716 1998787 446501 589371 174770 25657 12995 4541 207402 47774 61735 74282 190004 1672220 79942 COST OF POWER 12956805 12956805 DISTRIBUTION - OPERATIONS 621207 621207 DISTRIBUTION - MAINTENANCE 1812101 1812101 CUSTOMER ACCOUNTS & SERVICES 327740 327740 -1370955 22126425 0 0 0 1817371 3393034 1599347 1240744 760097 1406155 293264 169146 51340098 30820795 18525450 20519303 393770 413110 23389299 27141492 1784944 1862243 652682 644034 1571105 4266973 244931 76000 4253662 6849250 X 483180 490660 18033434 19116700 619023 684882 19135637 20292242 23389299 27141492 X 0 1156605 X false true X true false 500 false ICUA PAC FUND 407 WEST JEFFERSON ST BOISE ID 83702 820502739 500 Direct and indirect political campaign activities (Part I-A, line 1) CONTRIBUTION TO A NON-PARTISAN POLITICAL ACTION COMMITTEE THAT SUPPORTS RURAL ELECTRIFICATION. 314467 314467 2352843 1393284 959559 47000087 28451418 18548669 1672701 976093 696608 20519303 MEMBER DEPOSITS 76000 76000 X 22126425 22126425 22126425 20455595 20455595 1670830 1670830 22126425 Other expenses included on Form 990 (Part XII, line 4b) PATRONAGE CAPITAL TO BE ALLOCATED OF $1,670,830. Footnote for uncertain tax position under FIN 48 (Part X) THE COOPERATIVE IS A TAX-EXEMPT ORGANIZATION UNDER THE PROVISIONS OF SECTION 501 (C) (12) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. HOWEVER, THE COOPERATIVE IS SUBJECT TO TAX ON UNRELATED INCOME, IF ANY. THE COOPERATIVE HAD NO UNRELATED INCOME DURING 2022 AND 2021.THE COOPERATIVES TAX RETURNS ARE SUBJECT TO POSSIBLE EXAMINATION BY TAXING AUTHORITIES. WITH FEW EXCEPTIONS, THE TAX RETURNS ESSENTIALLY REMAIN OPEN FOR POSSIBLE EXAMINTATION FOR A PERIOD OF THREE YEARS AFTER THE RESPECTIVE FILING DEADLINES OF THOSE RETURNS. X X X X false false false TREVOR PARKE ENGINEERING & OPERATIONS MANAGER 142240 39898 23784 205922 CARLA BECK ACCOUNTANT 100011 28580 30148 158739 CHARLES FLEMING WORKING FOREMAN 122270 28900 22562 173732 FRANK A MATTHEWS LINE FOREMAN 123726 32247 29348 185321 BLAIR BURKMAN LINEMAN 125830 18506 28848 173184 ACE JONES LINEMAN 127264 19779 28848 175891 MICHAEL DARRINGTON GENERAL MANAGER 176754 32862 28848 238464 Members or stockholder classes and rights Part VI line 6 BUSINESSES AND INDIVIDUALS WHO RECEIVE ELECTRIC SERVICES FROM THE COOPERATIVE. Member election for additional members Part VI line 7a EACH YEAR, PETITTIONS ARE ACCEPTED FOR CANDIDATES TO RUN FOR ELECTION TO THE GOVERNING BODY. THE CANDIDATES ARE PLACED ON A BALLOT AND MEMBERS OF THE ORGANIZATION VOTE AT AN ANNUAL MEETING TO ELECT MEMBERS OF THE GOVERNING BODY. VOTING IS ALLOWED IN PERSON AT THE MEETING, BY PROXY OR BY ABSENTEE BALLOT. Governing body decisions Part VI line 7b CHANGES TO THE COOPERATIVES BY-LAWS REQUIRE APPROVAL BY ITS MEMBERS. EACH MEMBER IS ENTITLED TO ONE VOTE FOR MAKING CHANGES TO THE COOPERATIVES BY-LAWS. Form 990 governing body review Part VI line 11 AFTER THE FORM 990 HAS BEEN PREPARED BY THE INDEPENDENT ACCOUNTANTS, THE GENERAL MANAGER REVIEWS THE FORM WITH ACCOUNTING STAFF FOR ACCURACY AND COMPLETENESS. ONCE THE GENERAL MANAGER BELIEVES THE FORM IS COMPLETE AND ACCURATE, THE FORM IS SUBMITTED TO THE BOARD FOR THEIR REVIEW AND APPROVAL. UPON RECEIVING THEIR APPROVAL, THE GENERAL MANAGER SIGNS THE FORM AND FILES. Conflict of interest policy compliance Part VI line 12c BOTH THE BOARD OF DIRECTORS AND THE GENERAL MANAGER ENFORCE THE POLICY. THE BOARD AND GENERAL MANAGER REVIEW ANY POTENTIAL CONFLICTS OF INTEREST AT LEAST ANNUALLY, AND DISCUSS THEM IN ORDER TO DETERMINE THE APPROPRIATE FORM OF ACTION, IF NECESSARY, IN ACCORDANCE WITH THE POLICY. CEO executive director top management comp Part VI line 15a THE BOARD OF DIRECTORS REVIEWS THE GENERAL MANAGERS CURRENT COMPENSATION AND, TO THE EXTENT POSSIBLE, COMPARES IT TO THE COMPENSATION OF THE GENERAL MANAGERS OF OTHER COMPARABLY-SIZED ELECTRIC COOPERATIVES WITHIN THE REGION. ADDITIONALLY, THE BOARD REVIEWS THE GENERAL MANAGERS COMPENSATION RELATIVE TO THE COMPENSATION OF OTHER EXECUTIVE-LEVEL POSITIONS WITHIN THE GEOGRAPHICAL AREA AS A MEASURE OF REASONABLENESS. AFTER CONSIDERATION OF THESE FACTORS, ALONG WITH THE PERFORMANCE OF THE INDIVIDUAL UNDER REVIEW, THE BOARD APPROVES THE GENERAL MANAGERS COMPENSATION PACKAGE. Other officer or key employee compensation Part VI line 15b THE GENERAL MANAGER REVIEWS THE CURRENT COMPENSATION OF KEY EMPLOYEES AND, TO THE EXTENT POSSIBLE, COMPARES THEM TO THE COMPENSATION OF SIMILAR POSITIONS OF OTHER COMPARABLY-SIZED ELECTRIC COOPERATIVES WITHIN THE REGION. ADDITIONALLY, THE GENERAL MANAGER REVIEWS KEY EMPLOYEES COMPENSATION RELATIVE TO THE COMPENSATION OF EQUIVALENT POSITIONS WITHIN THE GEOGRAPHICAL AREA AS A MEASURE OF REASONABLENESS. AFTER CONSIDERATION OF THESE FACTORS, ALONG WITH THE PERFORMANCE OF THE INDIVIDUAL UNDER REVIEW, THE GENERAL MANAGER APPROVES THE COMPENSATION OF KEY EMPLOYEES WITH CONFIRMATION FROM THE BOARD OF DIRECTORS. Governing documents etc available to public Part VI line 19 THE ORGANIZATION REPONDS TO MEMBERS INQUIRIES FOR INFORMATION. CUSTOMER SERVICE RULES & CORPORATE BY-LAWS ARE AVAILABLE TO THE MEMBER ON THE ORGANIZATIONS SECURED WEBSITE. PRINTED POLICIES OR FINANCIAL INFORMATION IS PROVIDED UPON REQUEST OF THE MEMBER, IN ACCORDANCE WITH BOARD POLICY. Explanation of other changes in net assets or fund balances Part XI line 9 OTHER CHANGES IN NET ASSET TOTALED $1,156,605. THIS TOTAL CAMES FROM A CHANGE IN MEMBERSHIPS OF $7,480, DISCOUNT ON DECEASED PATRONAGE OF $34,549, PATRONAGE CAPITAL TO BE ALLOCATED OF $1,670,830, RETIREMENT OF CAPITAL CREDITS $(622,113), AND UNCLAIMED CAPITAL CREDITS OF $65,859.