2023-10-03T13:55:43-05:00 2022-12-31 450310328 BRADY MARTZ & ASSOCIATES PC PO BOX 1297 BISMARCK ND 585021297 990 2022-01-01 262059712 ROUGHRIDER ELECTRIC COOPERATIVE INC ROUG 7017482293 800 HIGHWAY DRIVE HAZEN ND 585454737 ALEX CRAIGMILE CFO 7017482293 2023-09-05 1 ALEX CRAIGMILE 999009999 0 LANCE RAMBOUSEK P01212867 7012231717 2023-09-05 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ALEX CRAIGMILE 800 HIGHWAY DRIVE HAZEN ND 585454737 87082092 0 X WWW.ROUGHRIDERELECTRIC.COM X 2008 ND THE ORGANIZATION DELIVERS ELECTRIC ENERGY TO MEMBERS. 9 9 45 0 21512 0 0 0 75369051 78026494 108262 224365 3094578 8821388 78571891 87072247 47663 47233 12717598 18517547 1831055 1848327 0 0 0 63975575 66659140 78571891 87072247 0 0 306147341 318483164 190581853 189478715 115565488 129004449 X MEMBERSHIPWE WILL PLACE THE MEMBER FIRST IN DETERMINING POLICIES AND PROCEDURES.WE WILL STRIVE TO KEEP THE MEMBERSHIP INFORMED AND INVOLVED IN THEIR COOPERATIVE.SERVICEWE ARE COMMITTED AT EVERY LEVEL TO MAINTAIN AND PROVIDE THE HIGHEST STANDARD OF SERVICE.FINANCIAL WE ARE COMMITTED TO KEEPING THE COOPERATIVE FINANCIALLY STRONG THROUGH PRUDENT BUSINESS PRACTICES.GROWTHWE WILL REMAIN OPEN TO OPPORTUNITIES FOR GROWTH WHICH WILL BENEFIT THE MEMBERSHIP.EMPLOYEESWE RECOGNIZE OUR EMPLOYEES AS AN IMPORTANT ASSET OF THE COOPERATIVE.WE WILL PROVIDE AN ATMOSPHERE WHERE ALL EMPLOYEES CAN PERFORM AT THEIR MAXIMUM POTENTIAL AND ABILITY.BOARD AND MANAGEMENTTHE BOARD AND MANAGEMENT ARE COMMITTED TO BEING INNOVATIVE, INFORMED AND PROGRESSIVE IN THEIR ROLE AS LEADERS OF THE COOPERATIVE AND THE AREA IT SERVES. WE, THE BOARD OF DIRECTORS, MANAGEMENT AND EMPLOYEES, ARE COMMITTED IN A UNITED EFFORT TO CARRY OUT THIS MISSION. 0 0 THE COOPERATIVE IS A DISTRIBUTION ELECTRIC UTILITY SERVING CUSTOMERS IN SIX COUNTIES. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 695 0 45 1 1 1 0 0 0 0 80619595 6452652 0 0 0 X 9 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ALEX CRAIGMILE 7017482293 1600 E INTERSTATE AVE SUITE 2 BISMARCK ND 58503 X ROGER KUDRNA VICE PRESIDENT 4.67 X X 10500 0 0 DARELL HERMAN DIRECTOR 3.46 X 7250 0 0 TROY SAILER SECRETARY 2.25 X X 7050 0 0 BRUCE DARCY TREASURER 2.50 X X 6800 0 0 WILLIAM RETTERATH DIRECTOR 0.77 X 6150 0 0 ARNOLD KAINZ DIRECTOR 4.46 X 9850 0 0 DAN PRICE DIRECTOR 1.63 X 9250 0 0 CALLEN SCHOCH DIRECTOR 3.92 X 8700 0 0 GREG STECKLER PRESIDENT 5.81 X X 10950 0 0 TRAVIS KUPPER IEA CO-MANAGER 0.00 40.00 X 0 0 0 DON FRANKLUND IEA CO-MANAGER 0.00 40.00 X 0 0 0 ALEX CRAIGMILE IEA CFO 0.00 40.00 X 0 0 0 JASON BENTZ OPERATIONS MANAGER 40.00 X 186566 0 185360 SHAWN OLSON WORKING FOREMAN 40.00 X 134880 0 112483 RUSSEL WALTERS JOURNEYMAN LINEMAN 40.00 X 117617 0 112725 LAURIE MILLER MAPPING/DATABASE ADMIN 40.00 X 128285 0 93333 LEONARD H HIBL DIRECTOR-MEMBER SERVICES 40.00 X 137808 0 83225 SCOTT LEINTZ JOURNEYMAN LINEMAN 40.00 X 124488 0 82137 906144 0 669263 25 0 1 0 ALTITUDE ENERGY LLC PO BOX 359 KEENESBURG CO 806430359 CONSTRUCTION SERVICES 3390865 3C CONSTRUCTION INC 4001 30TH AVE NW MANDAN ND 585541367 CONSTRUCTION/LINE MAINTENANCE 1824691 INNOVATIVE ENERGY ALLIANCE COOPERATIVE 235 SIMS ST DICKINSON ND 586015100 MANAGEMENT, SAFETY, ENGINEERING, IT, HR, 1589567 COAL CREEK CONSTRUCTION INC PO BOX 1068 UNDERWOOD ND 585761068 CONSTRUCTION/LINE MAINTENANCE 1202133 MOUNTAIN PLAINS LLC PO BOX 487 BISMARCK ND 585020487 STAKING SERVICES 716126 17 ELECTRIC SALES 221000 77798890 77798890 QUALIFIED POLE RENTALS 532000 227604 227604 78026494 224365 224365 58802 9845 48957 48957 CAPITAL CREDITS 900099 6197028 6197028 OTHER 900099 2602848 2602848 K-1 WDUS HOLDINGS 230000 -27445 -27445 8772431 87072247 86598766 21512 451969 X 47233 18517547 263066 643078 942183 430735 4861578 7026860 COST OF POWER 46471320 DISTRIBUTION - MAINTENA 2465858 DISTRIBUTION - OPERATIO 2285935 CONSUMER ACCOUNTS 782079 2334775 87072247 2423147 6866438 22101660 7852804 7327966 8333507 106338 72592 4767419 6544866 493832 417545 310224134 65958885 229265457 244265249 39661522 44130163 306147341 318483164 6712262 8602169 180007165 178281203 3862426 2595343 190581853 189478715 X 0 0 0 0 115565488 129004449 115565488 129004449 306147341 318483164 X 0 13438961 X X 0 1 X 1 0 1509168 1509168 3856171 732660 3123511 278417729 65226225 213191504 26441066 26441066 244265249 MEMBERSHIPS 1625 C PATRONAGE CAPITAL FROM ASSOCIATED ORGANIZATIONS 41851622 C CFC CAPITAL TERM CERTIFICATES 344849 C STOCKS IN ASSOCIATED COMPANIES 209404 C INVESTMENT IN SUBSIDIARY 1449427 C PATRONAGE CAPITAL 273236 C 44130163 DEFERRED CREDITS 2595343 2595343 X 87072247 0 87072247 0 87072247 68554700 0 68554700 18517547 18517547 87072247 PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE SERVICE CODE. THE COOPERATIVE'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS, AND OTHER EVIDENCE. IT IS THE OPINION OF MANAGEMENT THAT ROUGHRIDER HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL INCOME TAX RETURNS OF ROUGHRIDER ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. ALL FILINGS ARE CURRENT. PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATED CAPITAL CREDITS 18,517,547. 1 THEODORE ROOSEVELT MEDORA FOUNDATION PO BOX 198 MEDORA ND 58645 450397662 501(C)(3) 10000 0 CONTRIBUTION TO NEW LODGING BUILDING 1 0 PART I, LINE 2: ALL CONTRIBUTION REQUESTS ARE REVIEWED AND APPROVED BY THE FULL BOARD. CONTRIBUTIONS ARE MADE TO ONLY ELIGIBLE ORGANIZATIONS THAT ARE PROVIDING SERVICES OR HELP WITHIN THE COOPERATIVE'S SERVICE AREA. CONTRIBUTIONS MUST BE USED FOR THE ELIGIBLE CHARITABLE PURPOSES. X 0 0 0 JASON BENTZ OPERATIONS MANAGER 186566 0 0 0 0 0 152702 0 32658 0 371926 0 0 0 SHAWN OLSON WORKING FOREMAN 134880 0 0 0 0 0 83251 0 29232 0 247363 0 0 0 RUSSEL WALTERS JOURNEYMAN LINEMAN 117617 0 0 0 0 0 83800 0 28925 0 230342 0 0 0 LAURIE MILLER MAPPING/DATABASE ADMIN 128285 0 0 0 0 0 63261 0 30072 0 221618 0 0 0 LEONARD H HIBL DIRECTOR-MEMBER SERVICES 137808 0 0 0 0 0 65026 0 18199 0 221033 0 0 0 SCOTT LEINTZ JOURNEYMAN LINEMAN 124488 0 0 0 0 0 77490 0 4647 0 206625 0 0 0 INNOVATIVE ENERGY ALLIANCE COOPERATIVE DON F, TRAVIS K AND ALEX C ARE OFFICERS OF BOTH 1589567 PAYMENT OF MANAGEMENT AND OTHER SERVICES 0 FORM 990, PART VI, SECTION A, LINE 3 THE COOPERATIVE DELEGATED CONTROL OVER MANAGEMENT DUTIES TO A MANAGEMENT COMPANY. DONALD FRANKLUND AND TRAVIS KUPPER, WHO SERVE AS CEO'S OF THE COOPERATIVE, ARE EMPLOYED BY THE MANAGEMENT COMPANY, WHICH PROVIDES CEO SERVICES TO THIS AND OTHER COOPERATIVES. THE MANAGEMENT COMPANY IS AN INDEPENDENT CONTRACTOR OF THE COOPERATIVE, AND AS SUCH IS LISTED ON PART VII SECTION B. FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE IS A MEMBER OWNED COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OF THE COOPERATIVE HAS ONE VOTE IN ELECTIONS OF THE BOARD MEMBERS. THE MEMBERSHIP OF THE COOPERATIVE ALSO VOTES FOR ANY CHANGES TO THE BY-LAWS. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER OF THE COOPERATIVE IS ALLOWED ONE VOTE ON BY-LAWS CHANGES. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 IS REVIEWED FOR ACCURACY PRIOR TO FILING BY THE COOPERATIVE'S DIRECTOR OF FINANCE AND ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ANNUALLY DISCLOSE THEIR INVOLVEMENT WITH OTHER ORGANIZATIONS, VENDORS AND ANY OTHER ASSOCIATION THAT MIGHT REPRESENT PRESENT OR POSSIBLE FUTURE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 MANAGER PAY WAS COMPARED TO STATE AVERAGE, PRIOR WAGES, AND APPROVED BY THE FULL BOARD OF DIRECTORS AFTER BOARD DELIBERATIONS. PAY IS REVIEWED ANNUALLY AND CHANGES ARE BASED ON MERIT, CPI, AND COMPARATIVE WAGES. FORM 990, PART VI, SECTION C, LINE 19 ARTICLES OF INCORPORATION AND BYLAWS ARE MAILED TO EACH NEW MEMBER OF THE COOPERATIVE. THESE DOCUMENTS ARE ALSO AVAILABLE FOR PUBLIC REVIEW AT THE COOPERATIVE'S OFFICE UPON REQUEST. INDEPENDENTLY AUDITED FINANCIAL STATEMENTS APPEAR IN THE ANNUAL REPORT FOR ALL MEMBERS. FORM 990, PART VII DON FRANKLUND, TRAVIS KUPPER AND ALEX CRAIGMILE ARE EMPLOYEES OF INNOVATIVE ENERGY ALLIANCE COOPERATIVE, A SEPARATE UNRELATED ENTITY THAT PROVIDES MANAGEMENT SERVICES TO RURAL ELECTRIC COOPERATIVES IN NORTH DAKOTA. FORM 990, PART VII, SECTION A, COLUMN F INCLUDED IN THE COLUMN "F" ESTIMATED AMOUNT OF OTHER COMPENSATION IS THE ESTIMATED ANNUAL INCREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN. THE ESTIMATED INCREASE IS AS FOLLOWS FOR THOSE LISTED IN PART VII: JASON BENTZ - $152,702 SHAWN OLSON - $83,251 RUSSEL WALTERS - $83,800 LAURIE MILLER - $63,261 LEONARD HIBL - $65,026 SCOTT LEINTZ - $77,490 THE CURRENT YEAR EXPENSE FOR THIS DEFINED BENEFIT PLAN WAS AS FOLLOWS: JASON BENTZ - $61,765 SHAWN OLSON - $36,124 RUSSEL WALTERS - $34,079 LAURIE MILLER - $42,744 LEONARD HIBL - $44,552 SCOTT LEINTZ - $34,079 FORM 990, PART IX, LINE 4 THE COOPERATIVE HAS INTERPRETED BENEFITS PAID TO MEMBERS TO MEAN THE AMOUNT OF CAPITAL CREDITS THAT WERE ALLOCATED TO MEMBERS IN THE CURRENT YEAR. FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -5,271,561. ALLOCATED CAPITAL CREDITS 18,517,547. CAPITAL CREDIT GAIN 192,974. ROUNDING 1. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE TO THE COMMITTEE RESPONSIBLE FOR OVERSIGHT OF THE AUDIT. WDUS HOLDINGS LLC 4001 30TH AVE NW MANDAN ND 58554 473324612 POWER LINE CONSTRUCTION AND MAINTENANCE ND UNRELATED -51144 1855951 0 1 0.33330 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 WDUS HOLDINGS LLC M 2010387 ACTUAL COST