2023-05-10T11:29:10-04:00 2022-12-31 411562398 CARLSONSV LLP 5801 DULUTH STREET SUITE 360 GOLDEN VALLEY MN 55422 990 2022-01-01 390548758 PRICE ELECTRIC COOPERATIVE PRIC 7153392155 PO BOX 110 PHILLIPS WI 54555 JEFFERY OLSON PRESIDENT/CEO 7153392155 2023-05-08 true JEFFERY OLSON 999009999 false MATT GUYER CPA P00386499 7635429633 2023-05-08 X 2022 2023-04-26 12:10:37Z JEFFERY OLSON 14870093 false X WWW.PRICEELECTRIC.COOP X 1940 WI DISTRIBUTE ELECTRIC SERVICE TO RURAL MEMBERS/CONSUMERS 9 9 25 338430 0 14020898 14432704 18378 79256 -453 338430 14038823 14850390 0 1118400 508744 438555 315687 0 0 12481868 14025959 14038823 14850390 0 51772125 53415812 30314119 32003154 21458006 21412658 DISTRIBUTE ELECTRIC SERVICE TO RURAL MEMBERS/CONSUMERS false false PRIMARY EXEMPT PURPOSE IS THE DISTRIBUTION OF ELECTRIC SERVICE TO 8,776 RURAL MEMBERS/CONSUMERS. false false false false false false false false false true false true false true true false true false false false false false false false false false false false true false false false false false false false false false false false true true false false true 96 0 25 true true true false false false false false false false false false false 14810873 585965 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 LOREN ERICKSON 7153392155 PO BOX 110 PHILLIPS WI 54555 ISAAC D WEIK LINEMAN 40.00 X 139092 0 10275 JESSE HEINZ LINEMAN 40.00 X 151415 0 34951 CHRISTOPHER BURNIS LINEMAN 40.00 X 133416 0 34464 LOREN ERICKSON MGR OF FIN A 45.00 X 98625 0 55614 DAVID PISCA FOREMAN 40.00 X 131607 0 44038 JACOB KRAETKE LINEMAN 40.00 X 142526 0 29785 JEFFERY OLSON PRESIDENT/CE 50.00 X 165770 0 150893 RANDY KUNSCH CHAIRMAN 10.00 X X 7883 0 0 JOAN POINTS SEC/TREAS 2.00 X X 8271 0 0 ROBERT HENNES DIRECTOR 4.00 X 4513 0 0 WILLIAM S HAGGARD DIRECTOR 6.00 X 3761 0 0 MATT CHRISTIANSON DIRECTOR 4.00 X 3736 0 0 KAREN NEWBURY DIRECTOR 5.00 X 5898 0 0 EDWARD HAINY VICE CHAIRMA 3.25 X X 4104 0 0 MARK NYBERG DIRECTOR 2.00 X 4807 0 0 MITCHELL MEIVES DIRECTOR 1.00 X 8319 0 0 1013743 360020 10 false true false MAKOVSKY BRUSH SERVICE N3852 PRENTICE ROAD PRENTICE WI 54556 RIGHT OF WAY CL 901615 TJADER & HIGHSTROM UTILITY SERIVCES PO BOX 856489 MINNEAPOLIS MN 55485 CONSTRUCTION 273142 A-1 POWER PO BOX 90 BLOOMER WI 54724 CONSTRUCTION 139710 3 ELECTRIC REVENUE 221000 13780509 13780509 OTHER REVENUE 221000 281804 281804 G&T CAPITAL CREDITS 221000 210404 210404 OTHER CAPITAL CREDITS 221000 154273 154273 POLE RENTAL 221000 5714 5714 14432704 14413 14413 84500 19657 64843 64843 64843 338476 46 338430 338430 14850390 14491833 338430 20127 508744 315687 1107725 1778645 COST OF POWER 5630989 DISTRIBUTION - MAINTENANC 2078417 ADMINISTRATIVE AND GENERA 1572855 DISTRIBUTION - OPERATIONS 866062 991266 14850390 0 0 0 244463 99223 1362769 1582614 661909 1985721 181596 192673 64448180 21110150 43191447 43338030 5918379 6042332 151035 151035 60527 24184 51772125 53415812 1949370 1962706 27940226 29419385 424523 621063 30314119 32003154 X 21458006 21412658 21458006 21412658 51772125 53415812 X 0 -45348 X false true X true false 400954 400954 64047226 21110150 42937076 43338030 INVESTMENTS IN ASSOC ORGS 6042332 C 6042332 DEFERRED CREDITS 420042 OTHER REGULATORY LIABILITY - NWPA 134313 CONSUMER DEPOSITS 65117 UNAMORTIZED GAIN/REACQUIRED DEBT 1591 621063 X 14870244 19854 19854 14850390 14850390 14361500 14361500 488890 488890 14850390 SCHEDULE D, PAGE 3, PART X THE COMPANY ACCOUNTS FOR INCOME TAX PROVISIONS FOLLOWING ASC TOPIC 740 INCOME TAXES, WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING AND DISCLOSING IN THE FINANCIAL STATEMENTS ANY UNCERTAIN INCOME TAX POSITIONS THE COMPANY HAS OR EXPECTS TO TAKE IN ITS INCOME TAX RETURNS. THE COMPANY'S POLICY IS TO INCLUDE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS/LIABILITIES IN INCOME TAX EXPENSE. THE COMPANY HAD NO UNRECOGNIZED TAX BENEFITS/LIABILITIES. SCHEDULE D, PAGE 4, PART XI, LINE 2D PRIOR EQUITY ALLOCATION 19,854 SCHEDULE D, PAGE 4, PART XII, LINE 4B ALLOCATION OF MARGINS 488,890 X X false false false JESSE HEINZ LINEMAN 151415 16704 20480 186366 CHRISTOPHER BURNIS LINEMAN 133416 16217 20480 167880 LOREN ERICKSON MGR OF FIN AND ADMIN 98625 36151 21801 154239 DAVID PISCA FOREMAN 131607 25791 20499 175645 JACOB KRAETKE LINEMAN 142526 11538 20480 172311 JEFFERY OLSON PRESIDENT/CEO 165770 131430 22455 316663 FORM 990, PAGE 6, PART VI, LINE 6 EACH MEMBER IS ENTITLED TO ONE VOTE PER MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A ON A ROTATING BASIS, MEMBERS FROM THREE OF THE NINE DISTRICTS MEET ANNUALLY TO SELECT TWO MEMBERS TO NOMINATE AS CANDIDATES FOR THE OFFICE OF THE BOARD OF DIRECTORS. MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 7B EACH MEMBER IS ENTITLED TO ONE VOTE PER MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD MEMBERS REVIEW FORM 990 AT THE BOARD MEETING BEFORE IT IS SIGNED AND FILED. THE PRESIDENT/CEO AND MANAGER OF FINANCE AND ADMINISTRATION REVIEW FORM 990 BEFORE IT IS SIGNED. FORM 990, PAGE 6, PART VI, LINE 12C FORM/QUESTIONNAIRE IS PROVIDED AT BOARD MEETING FOLLOWING THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 15A DIRECTORS OF PRICE ELECTRIC COOPERATIVE REVIEW THE PRESIDENT/CEO'S COMPENSATION ON AN ANNUAL BASIS. THE BOARD IS PROVIDED WITH STATE AND REGIONAL COOPERATIVE COMPARABILITY DATA FROM THE NRECA NATIONAL COMPENSATION SURVEY TO DETERMINE THE PRESIDENT/CEO COMPENSATION. AS PER WAGE AND SALARY ADMINISTRATION BOARD POLICY, THE DIRECTORS ALSO APPROVE A COMPENSATION PLAN FOR ALL OTHER COOPERATIVE EMPLOYEES AND IT IS THE CEO'S RESPONSIBILITY TO ADMINISTER THAT PLAN. THE CEO ESTABLISHES PERFORMANCE RANGES BY POSITION THAT ARE BASED ON THE SAME NRECA SURVEY. DIRECOTRS OF PRICE ELECTRIC AUTHORIZE THE CEO TO DETERMINE OTHER OFFICER AND EMPLOYEE COMPENSATION BASED ON THE RANGES AND PERFORMANCE. FORM 990, PAGE 6, PART VI, LINE 15B DIRECTORS OF PRICE ELECTRIC COOPERATIVE REVIEW THE PRESIDENT/CEO'S COMPENSATION ON AN ANNUAL BASIS. THE BOARD IS PROVIDED WITH STATE AND REGIONAL COOPERATIVE COMPARABILITY DATA FROM THE NRECA NATIONAL COMPENSATION SURVEY TO DETERMINE THE PRESIDENT/CEO COMPENSATION. AS PER WAGE AND SALARY ADMINISTRATION BOARD POLICY, THE DIRECTORS ALSO APPROVE A COMPENSATION PLAN FOR ALL OTHER COOPERATIVE EMPLOYEES AND IT IS THE CEO'S RESPONSIBILITY TO ADMINISTER THAT PLAN. THE CEO ESTABLISHES PERFORMANCE RANGES BY POSITION THAT ARE BASED ON THE SAME NRECA SURVEY. DIRECOTRS OF PRICE ELECTRIC AUTHORIZE THE CEO TO DETERMINE OTHER OFFICER AND EMPLOYEE COMPENSATION BASED ON THE RANGES AND PERFORMANCE. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTATION IS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 ALLOCATION OF MARGINS 508,744 GAIN ON ESTATE RETIREMENTS 133,444 TOTAL CAPITAL CREDIT RETIREMENTS -667,682 PRIOR EQUITY ALLOCATION -19,854 TOTAL -45,348 PRICE SOLAR LLC PO BOX 110 PHILLIPS WI 54555 352694476 PART VII WI PRICE ELEC C CORP -42586 120692 1.00000 true false true false false false false false false false false false false false false false false false false false SCHEDULE R PART IV LINE 1B: SOLAR INVESTMENT