2023-09-25T17:07:40-04:00 2022-12-31 743040374 KELSO LYNCH PC PA 6700 SQUIBB RD STE 215 MISSION KS 662023252 990 2022-01-01 840372091 WHITE RIVER ELECTRIC ASSOCIATION INC WHIT 9708785041 PO BOX 958 MEEKER CO 81641 ALAN J MICHALEWICZ CEO 9708785041 2023-09-20 true ALAN J MICHALEWICZ 999009999 false THOMAS F HANCOCK CPA P00501575 9138311150 2023-09-25 2022 2023-04-26 12:10:37Z ALAN J MICHALEWICZ 49137479 false X WWW.WREA.ORG X 1945 CO WHITE RIVER ELECTRIC ASSOCIATION, INC. STRIVES TO PROVIDE ITS MEMBERS/CONSUMERS WITH SAFE, RELIABLE AND REASONABLE ELECTRIC ENERGY AND OTHER SERVICES AT THE MOST REASONABLE COSTS POSSIBLE WHILE REMAINING COMMITTED TO CUSTOMER AND COMMUNITY SERVICE. 7 7 28 27623 0 46370098 47954810 44598 42985 519668 825800 46934364 48823595 0 801088 473896 1701818 1817767 0 0 44431458 46531932 46934364 48823595 0 92669800 92836265 27934686 23387538 64735114 69448727 X WHITE RIVER ELECTRIC ASSOCIATION, INC. STRIVES TO PROVIDE ITS MEMBERS/CONSUMERS WITH SAFE, RELIABLE AND REASONABLE ELECTRIC ENERGY AND OTHER SERVICES AT THE MOST REASONABLE COSTS POSSIBLE WHILE REMAINING COMMITTED TO CUSTOMER AND COMMUNITY SERVICE. false false WHITE RIVER ELECTRIC ASSOCIATION, INC. IS A RURAL ELECTRIC DISTRIBUTION COOPERATIVE SERVING PARTS OF RIO BLANCO, MOFFAT, AND GARFIELD COUNTIES IN COLORADO. false false true false false false false false false true false true false true true 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 78 0 true 28 true true true false false false false 49039827 1118879 false false false X 7 7 false false false false true true true true true false false false true true true true true true true false X DALE K DUNBAR 9708785041 PO BOX 958 MEEKER CO 81641 ALAN J MICHALEWICZ CEO 40.00 X 340839 0 140804 DALE K DUNBAR CFO 40.00 X 221808 0 128702 TRINA K ZAGAR-BROWN MBR SVC MGR/ 40.00 X 207151 0 78213 CHRISTOPHER REIDINGER STAFF ENGINE 40.00 X 146399 0 57142 BRETT A BERTHELSON MGR OF OPERA 40.00 X 136670 0 53460 FRANK L SAMPSON MGR OF OPERA X 131945 0 23542 BRYCE DUCEY DIRECTOR 4.89 X 23646 0 0 HAL PEARCE DIRECTOR 5.32 X 22778 0 0 MARK A ROGERS DIRECTOR 5.50 X 22596 0 0 BRETT DEARMAN DIRECTOR 2.35 X 21596 0 0 RONALD K HILKEY DIRECTOR 2.25 X 18085 0 0 WILLIAM H JORDAN DIRECTOR 6.84 X 15485 0 0 RICHARD PARR DIRECTOR 1.36 X 14384 0 0 KELLY G SHERIDAN DIRECTOR 3.80 X 6861 0 0 SHANE P PHELAN DIRECTOR 6.80 X 5661 0 0 1335904 481863 21 true true false SALE OF ELECTRICITY 221000 47805362 47805362 CAPITAL CREDITS 221000 105367 105367 MISC ELECTRIC REVENUE 221000 44081 44081 47954810 42985 42985 341507 49031 313884 27623 49031 76654 27623 49031 MISC NON ELECTRIC REVENUE 900099 749146 749146 749146 48823595 48703956 27623 92016 X 473896 1268609 155487 393671 487798 1179039 COST OF POWER 38613838 DISTRIBUTION EXPENSE 3063522 ADMIN & GENERAL 2782822 MEMBER SERVICES 404913 48823595 0 0 0 3639715 5220742 950000 968351 4051714 4037350 1903394 1877928 1272281 848423 47352769 16295182 32108986 31057587 48348176 48355324 395534 470560 92669800 92836265 3496033 3173733 1371565 988855 13095804 14200223 9971284 5024727 27934686 23387538 X -473176 5422807 65208290 64025920 64735114 69448727 92669800 92836265 X 0 4713613 X X false false 5000 5000 5000 true CARE MEMBERSHIP ORGANIZATION LLC 5400 WASHINGTON ST DENVER CO 80216 743106451 5000 SCHEDULE C, PART I-A, LINE 1 CONTRIBUTION TO CARE MEMBERSHIP ORGANIZATION. 772272 772272 5484143 1388667 4095476 41096354 14906515 26189839 31057587 INVESTMENTS IN ASSOCIATED ORGA 46104200 C OTHER INVESTMENTS 1452477 C SUBORDINATED CERTIFICATES 798647 C 48355324 POST RETIREMENT BENEFIT 4409032 OTHER CURRENT LIABILITIES 615695 5024727 X 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 ASSOCIATION. WHILE THE ASSOCIATION BELIEVES IT HAS ADEQUATELY PROVIDED FOR ALL TAX POSITIONS, AMOUNTS ASSERTED BY TAXING AUTHORITIES COULD BE DIFFERENT THAN THE POSITIONS TAKEN BY THE ASSOCIATION. THE ASSOCIATION RECOGNIZES ANY INTEREST AND PENALTIES ASSESSED BY TAXING AUTHORITIES IN INCOME TAX EXPENSE AND, WITH FEW EXCEPTIONS, IS NO LONGER SUBJECT TO FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2019. X X false true false ALAN J MICHALEWICZ CEO 330339 10500 90066 50738 481643 DALE K DUNBAR CFO 219308 2500 89040 39662 350510 TRINA K ZAGAR-BROWN MBR SVC MGR/GEN COUN 204651 2500 39513 38700 285364 CHRISTOPHER REIDINGER STAFF ENGINEER 143899 2500 19363 37779 203541 BRETT A BERTHELSON MGR OF OPERATIONS 134170 2500 16013 37447 190130 FRANK L SAMPSON MGR OF OPERATIONS 131945 3953 19589 155487 SCHEDULE J, PAGE 1, PART I, LINE 4 ALAN J. MICHALEWICZ 0 20,500 0 DALE K. DUNBAR 0 16,799 0 TRINA K. ZAGAR-BROWN 0 8,916 0 FRANK L. SAMPSON 0 6,444 0 FORM 990 - ORGANIZATION'S MISSION WHITE RIVER ELECTRIC ASSOCIATION, INC. STRIVES TO PROVIDE ITS MEMBERS/CONSUMERS WITH SAFE, RELIABLE AND REASONABLE ELECTRIC ENERGY AND OTHER SERVICES AT THE MOST REASONABLE COSTS POSSIBLE WHILE REMAINING COMMITTED TO CUSTOMER AND COMMUNITY SERVICE. FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS ARE OWNERS OF THE ELECTRIC UTILITY COOPERATIVE AND ARE ALLOCATED MARGINS ANNUALLY BASED ON ELECTRICITY USAGE. FORM 990, PAGE 6, PART VI, LINE 7A EACH MEMBER OF THE ASSOCIATION SHALL BE ENTITLED TO VOTE IN THE ELECTION OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B BYLAW CHANGES MUST BE APPROVED BY THE MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT AND THE PAID PREPARER REVIEW THE FORM 990 PRIOR TO FILING. THE BOARD REVIEWS ANNUAL FILINGS AT REGULAR MONTHLY BOARD MEETINGS. FORM 990, PAGE 6, PART VI, LINE 12C ALL BOD MEMBERS, AND EMPLOYEES ARE REQUIRED TO ANNUALLY SUBMIT A CONFLICT OF INTEREST STATEMENT THAT IS REVIEWED BY THE WHOLE BOARD, CEO, AND THE GENERAL COUNSEL. FORM 990, PAGE 6, PART VI, LINE 15A CEO IS REVIEWED ANNUALLY BY THE ENTIRE BOD WHO COMPARE AND EVALUATE COMPENSATION WITH OTHER STATE COOPERATIVES MANAGERS IN SIMILAR POSITIONS. FORM 990, PAGE 6, PART VI, LINE 15B CEO EVALUATES OTHER MGMT POSITIONS WITH EMPLOYERS COUNCIL. IN ADDITION ANY VARIATIONS TO THE WAGE OR SALARY OF OTHER MGMT PERSONNEL ARE REVIEWED AND APPROVED BY THE BOD. 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 AND APPROVAL OF THE CEO. FORM 990, PART X FORM 990, PART IX, LINE 4 - BENEFITS PAID TO OR FOR MEMBERS - 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 ASSIGNABLE TO MEMBERS 473,896 CHANGE IN OCI 5,596,384 CHANGES IN OTHER EQUITY 142,581 RETIREMENT OF CAPITAL CREDITS -1,499,248 TOTAL 4,713,613 FORM 990, PART XII FORM 990, PART XII, LINE 2 WHITE RIVER ELECTRIC ASSOCIATION, INC.'S FINANCIAL STATEMENT YEAR-END DIFFERES FROM ITS TAX YEAR-END. THE COOPERATIVE RECEIVES AUDITED FINANCIAL STATEMENTS ON AN ANNUAL BASIS FOR THE YEAR ENDED AUGUST 31ST. WHITE RIVER ENERGY COMPANY P O BOX 1090 MEEKER CO 816411090 841430614 PROPANE CO N/A true true false false false false false false false false false false false false false false false true false false WHITE RIVER ENERGY COMPANY A 3600 COST WHITE RIVER ENERGY COMPANY Q 5 COST