2023-11-08T10:30:25-08:00 2022-12-31 463082068 Miller & Company CPAs PLLC 56 North Main Street Richfield UT 84701 990 2022-01-01 870133588 Garkane Energy Cooperative Inc GARK 4358362795 PO Box 465 Loa UT 84747 Marcus V Lewis CFO 2023-11-08 true Marcus V Lewis 999009999 true Gabe L Miller CPA EA MST P00513040 4358964301 X 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z William G Hammon PO Box 465 Loa UT 84747 30678665 false X www.GarkaneEnergy.com X 1938 UT Garkane Energy is a member-owned rural electric cooperative and provides electricity to cooperative member/consumers. 11 11 77 0 1395800 0 26792539 29310491 425458 175668 979801 1192506 29593598 30678665 0 0 5319906 5936862 0 0 20626196 22913679 25946102 28850541 3647496 1828124 96435981 100461413 41835611 45677021 54600370 54784392 Garkane Energy is a member-owned rural electric cooperative and provides electricity to cooperative member/consumers. false false The taxpayer did not have separate program service expenses. All expenses listed in Part IX - Statement of Functional Expenses were listed under Column C, Management and General Expenses. There were no expenses listed in Column B, Program Service Expenses. The total for Part IX - Statement of Functional Expenses, Column B, Program Service Expenses and the total for Part III - Statement of Program Service Accomplishments equal and are both zero. false false false false false false false false false true false false true true false false 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 41 0 true 77 true false false false false true true 29284960 1393704 false false false X 11 11 false false false false true true true true true false false true true true true true true true true false X Daniel R McClendon 4358362795 120 West 300 South Loa UT 84747 Daniel McClendon CEO/General Manager 40.00 0.00 242286 0 0 Bryant Shakespear COO/Engineering Manager 40.00 0.00 171317 0 0 Marcus V Lewis CFO 40.00 0.00 149018 0 0 Daniel Thompson Subst. Engineer 40.00 0.00 130463 0 0 Robert C Wolfley Garfield Area Mngr 40.00 0.00 128646 0 0 JEFFERY J VAUGHN Kane Area Mngr 40.00 0.00 125070 0 0 Phillip K Burr Wayne Area Mngr 40.00 0.00 123135 0 0 Justin M Miller Line Super. 40.00 0.00 122907 0 0 Guy Timpson Director 6.00 0.00 X 26843 0 0 William G Hammon President 5.00 0.00 X X 22701 0 0 George A Thompson Treasurer 4.00 0.00 X 21248 0 0 Tracy Potter Vice President 5.00 0.00 X X 19487 0 0 Raymond A Clark Treasurer 2.00 0.00 X X 19470 0 0 Reed L Munson Director 3.00 0.00 X 19188 0 0 Terry J Griffiths Director 3.00 0.00 X 18346 0 0 Rodney R Ence Director 2.00 0.00 X 18189 0 0 Chad E Williams Director 4.00 0.00 X 17980 0 0 Andrew D Gant Director 4.00 0.00 X 16956 0 0 Ronald W Cazier Director 4.00 0.00 X 16009 0 0 M LaDon Torgersen Director 2.00 0.00 X 9007 0 0 1418266 8 false true false Coleman Hydro Power Inc PO Box 1310 Boulder UT 84716 Operations contract 185730 Fremont Irrigation Company 54 WEST 100 SOUTH Loa UT 84747 Electricity 162820 2 0 Mem Connect Fees 221000 85945 85945 Mem Electricity Sales 221000 28730445 28730445 Mem Impact Fees 221000 335897 335897 Mem Late Fees 221000 132672 132672 Mem Merchandise Sales 221000 25532 25532 29310491 44546 44546 0 0 92347 92347 92347 92347 131122 131122 131122 131122 0 0 0 Capital Credits 221000 286367 286367 Other Electric Revenue 221000 168582 168582 Wheeling 221000 584899 584899 60311 60311 1100159 30678665 30678665 0 0 0 0 1418266 1418266 1970928 1970928 0 1840898 1840898 196886 196886 509884 509884 0 79442 79442 14075 14075 0 0 0 61256 61256 565171 565171 711302 711302 0 0 0 126392 126392 0 948101 948101 1299608 1299608 0 4089967 4089967 248070 248070 Purchased Power/Production 12619062 12619062 Customer Assistance 831055 831055 Taxes & Licenses 697043 697043 Maintenance of General Plant 290835 290835 332300 332300 28850541 0 28850541 0 2050010 3300078 0 0 4432460 5744749 0 0 0 5093074 4954008 0 147384040 67279369 78391877 80104671 0 0 0 0 6468560 6357907 96435981 100461413 2416291 3488757 33648550 35742489 5770770 6445775 41835611 45677021 X 54600370 54784392 54600370 54784392 96435981 100461413 X 1828124 -1644102 X true X true X true false 3888320 3888320 5248560 2375644 2872916 133580874 63211181 70369693 4666286 1692544 2973742 80104671 Deferred Compensation 10637 Interest & Other Receivable 887045 NRUCFC Membership & CTC 990765 NRUCFC Patronage Capital Credit 1144585 Operation Round-up Fund 22145 Prepaid Attorney Fees Prepaid Contract Work Prepaid Insurance 108206 Prepaid Membership Dues 24296 Prepaid PLX Equipment Prepaid Software Licenses 49183 Prepaid Workers Comp 6690 Propane - Subsidiary 3056370 Zion's Uncashed Capital Credit Checks 57985 6357907 Accrued Liabilities 4257108 Accumulated Provision for Deferred Comp 10637 Consumer Deposits Payable 574513 Deferred Credits 1603517 6445775 30678665 30678665 30678665 28850541 28850541 28850541 X true true X X X false false false Bryant Shakespear COO/Engineering Manager 171317 171317 Daniel McClendon CEO/General Manager 242286 242286 Part I, Line 1a: Relevant information in regards to selections on 1a. Form 990, Part VI, Section A, Line 6 Electric Cooperative Utilitiy - member/owners Form 990, Part VI, Section B, Line 11b Reviewed in Board Meeting Form 990, Part VI, Section B, Line 12c Annual Audit, Monthly Compliance Review at Board Meetings Form 990, Part VI, Section B, Line 15b Annual performance review by Board of Directors based on compensation surveys Form 990, Part VI, Section C, Line 19 Upon Request Form 990, Part XI, Line 9 Patronage Capital Credit Refund/Rebate = -$1542855 Form 990, Part XI, Line 9 Subsidiary Loss = -$101247 Statement Note 1 Attachment 1Form 990, Part VIII Line 7Gross amount from sales of assets other than inventoryGain on disposition of Plant $ 106,957Gain on Discount of RUS Notes 24,165 ------------ Total Gain/(Loss) on Disposition $ 131,122 ============ Statement Note 2 Attachment 2Form 990, Schedule R - Part V Line 2Other transfers of cash or property to related organizationAdministrative Fee - Negotiated Agreement $ 30,200 Rental Agreement for Storage Tanks Space 60,700 Labor 457,670 Reimbursement of Misc. Operating Expenses 547,586 ----------- Total Transfer of Cash or Property $ 1,096,156 =========== Statement Note 3 ATTACHMENT 3Form 990, Part VIII - Statement of Revenue - Section 1eGovernment Grants (contributions)During 2020, due to the Covid-19 Virus, Garkane Energy applied for and received a Payroll Protection Program Loan (PPP Loan) from the Federal Government through the Small Business Administration (SBA). The PPP Loan amount was $1,395,800 at a 1% interest rate with a two year term. The PPP loan was forgiven on June 26, 2021. The amount is listed under "Government Grants" on line 1e of Form 990 Part VIII. GARKANE PROPANE INC 468 N HWY 89 HATCH UT 84735 N/A false Garkane Propane Inc 468 N HWY 89 Hatch UT 84735 431983900 LP Gas Sales UT Garkane Energy Cooperative C-Corp 1.00000 false false false false false false false false false false false true false false false true false false true false GARKANE PROPANE INC k 90900 NEGOTIATED AGRE GARKANE PROPANE INC o 457670 ANALIZED PAYROL GARKANE PROPANE INC r 547586 INVOICED MONTHL