2023-10-09T22:51:02-04:00 2022-12-31 743040374 KELSO LYNCH PC PA 6700 SQUIBB RD STE 215 MISSION KS 662023252 990 2022-01-01 840312816 SAN MIGUEL POWER ASSOCIATION INC SANM 9708647311 PO BOX 817 NUCLA CO 81424 BRADLEY ZAPORSKI CEO/GENERAL MANAGER 9708647311 2023-10-09 BRADLEY ZAPORSKI 999009999 false THOMAS F HANCOCK CPA P00501575 9138311150 2023-10-09 2022 2023-04-26 12:10:37Z BRADLEY ZAPORSKI 31428178 false X WWW.SMPA.COM X 1938 CO ELECTRIC DISTRIBUTION COOPERATIVE 7 7 61 0 1503280 0 31745528 31102898 95100 252668 -1334 55689 33342574 31411255 65085 63855 1595412 671166 1588751 1895283 0 0 28645131 28834806 31894379 31465110 1448195 -53855 92922592 93640382 46479751 46888790 46442841 46751592 WE ARE A NOT-FOR-PROFIT ELECTRICAL COOPERATIVE SERVING APPROXIMATELY 10,761 MEMBERS. false false SALE OF ELECTRIC POWER TO MEMBERS - 10,761 ACTIVE MEMBERS WERE PROVIDED POWER AT YEAR END AT A COST ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. false false false false false false false false false true false true false true true true false false false false false false false false false false true true true false false false false false false false false false false false false false false true 27 0 true 61 true false false false false false 31449736 663444 false false false X 7 7 false false true false true true false true true false false false true true true false true true true false X X LANCE LEHIGH 9708647311 170 W 10TH AVE NUCLA CO 81424 BRADLEY ZAPORSKI CEO/GENERAL 50.00 X 335310 0 107158 LANCE LEHIGH CFO 50.00 X 161441 0 48702 JEREMY FOX COO 50.00 X 156929 0 48194 WILEY FREEMAN MANAGER 45.00 X 139465 0 57394 CLINT COLSON FOREMAN 45.00 X 141341 0 51918 DOUG TEA MGR. OF IT 45.00 X 149367 0 38814 DUANE OLIVER MGR. OF OPER 45.00 X 152953 0 23403 JACOB CADWELL WORKING FORE 45.00 X 135430 0 29295 DEBORAH COKES VICE SECRETA 15.00 X X 17917 0 0 WILLIAM FELICELLI PRESIDENT 20.00 X X 17767 0 0 DAVID ALEXANDER VICE PRESIDE 15.00 X X 16707 0 0 TOBIN BROWN DIRECTOR 15.00 X 16707 0 0 KEVIN COONEY DIRECTOR 15.00 X 16407 0 0 DOYLENE GARVEY SECRETARY 20.00 X X 16407 0 0 TERRY RHOADES DIRECTOR 15.00 X 16257 0 0 1490405 404878 8 false true false VM WEST LP 6635 ROLLING HILLS RD HOTCHKISS CO 81419 VEGETATION MGMT 616626 ASPLUNDH TREE EXPERT LLC PO BOX 532729 ATLANTA GA 30353 TREE TRIMMING 599351 WESTERN LINE BUILDERS INC P O BOX 614 WELLS NV 89835 LINE BLDG CONTR 371258 3 SALE OF ELECTRICITY 221000 30769480 30769480 CAPITAL CREDITS 221000 177366 177366 MISCELLANEOUS ELECTRIC 221000 156052 156052 31102898 216752 216752 52839 16923 35916 35916 35916 OTHER NON OPERATING REVENUE 900099 55689 55689 55689 31411255 31194503 216752 X 47855 16000 671166 975903 919380 1177466 2626140 COST OF POWER 16337687 DISTRIBUTION EXPENSE 4771999 ADMIN & GENERAL 2516539 MEMBER SERVICEES 1404975 31465110 0 0 0 3694487 4074280 3214621 3439991 1527076 2128219 259814 275726 101263503 37045515 64211405 64217988 20015189 19504178 92922592 93640382 6562297 6723123 2053280 2053280 34946207 34939986 2917967 3172401 46479751 46888790 X 46442841 46751592 46442841 46751592 92922592 93640382 X -53855 362606 X false true X true 731753 731753 6884235 3217436 3666799 93647515 33828079 59819436 64217988 INVESTMENTS IN ASSOC ORGANIZATIONS 16933989 C OTHER INVESTMENTS 2053280 C SUBORDINATED CERTIFICATES 514909 C NON-UTILITY PROPERTY 2000 C 19504178 CONSUMER DEPOSITS 3172401 3172401 X 31411255 31411255 31411255 30740089 30740089 725021 725021 31465110 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 COOPERATIVE. WHILE THE COOPERATIVE BELIEVES IT HAS ADEQUATELY PROVIDED FOR ALL TAX POSITIONS, AMOUNTS ASSERTED BY TAXING AUTHORITIES COULD BE DIFFERENT THAN THE POSITIONS TAKEN BY THE COOPERATIVE. THE COOPERATIVE 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. SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS AND DONATIONS 53,855 CURENT YEAR MARGINS ASSIGNED TO MEMBERS 671,166 false MONTROSE COMMUNITY FOUNDATION PO BOX 3020 MONTROSE CO 81402 841128761 10000 1 SCHOLARSHIPS 8 16000 SCHEDULE I, PAGE 1, PART I, LINE 2 DONATIONS ARE TRACKED BY REQUESTS, SUBMITTED TO THE BOARD FOR REVIEW, AND VOTED ON FOR ACCEPTANCE OR REJECTION ON A QUARTERLY BASIS. SCHOLARSHIPS ARE SUBMITTED AND VETTED THROUGH AN INDEPENDENT THIRD PARTY GROUP SEPARATE FROM THE BOARD AND STAFF. SCHOLARSHIP RECIPIENTS ARE SELECTED AND THE BOARD IS INFORMED OF THE SELECTIONS BY THE THIRD PARTY COMMITTEE ANNUALLY. X true false X X X false false false BRADLEY ZAPORSKI CEO/GENERAL MANAGER 335310 93051 14107 442468 LANCE LEHIGH CFO 161441 19514 29188 210143 JEREMY FOX COO 156929 18438 29756 205123 WILEY FREEMAN MANAGER 139465 28379 29015 196859 CLINT COLSON FOREMAN 141341 42200 9718 193259 DOUG TEA MGR. OF IT 149367 17136 21678 188181 DUANE OLIVER MGR. OF OPERATIONS 152953 17974 5429 176356 JACOB CADWELL WORKING FOREMAN 135430 12657 16638 164725 FORM 990, PAGE 6, PART VI, LINE 4 DURING THE YEAR, THE MEMBERS OF THE COOPERATIVE APPROVED TO AMEND THE FOLLOWING BYLAWS OF THE COOPERATIVE: ARTICLE II - MEETING OF THE MEMBERS SECTION 4 - QUORUM SETION 4 WAS AMENDED TO ALLOW THE QUORUM TO INCLUDE THOSE MEMBERS WHO REGISTER AND ATTEND THE MEETING ELECTRONICALLY. ARTICLE IV - ELECTION OF DIRECTORS SECTION 6 - VOTING SECTION 6 WAS AMENDED TO ALLOW VOTING ELECTRONICALLY IN THE VOTING OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 6 SAN MIGUEL POWER IS ORGANIZED AS A NOT-FOR-PROFIT COOPERATIVE. OUR CUSTOMERS ARE ALL MEMBERS OF THE COOPERATIVE. FORM 990, PAGE 6, PART VI, LINE 7A OUR GOVERNING BOARD OF DIRECTORS ARE ALL SELECTED BY OUR MEMBERS TO SERVE A FOUR YEAR TERM. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED BY THE CFO. AFTER THE 990 IS FILED, IT IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PAGE 6, PART VI, LINE 12C ALL DIRECTORS AND OFFICERS ARE REQUIRED TO COMPLETE A QUESTIONNAIRE ANNUALLY THAT DISCLOSES TRANSACTIONS OR RELATIONSHIPS THAT MAY RESULT IN A CONFLICT OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE GENERAL MANAGER/CEO IS REVIEWED AND EVALUATED ANNUALY BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B FOR OTHER EMPLOYEES, THE BOARD OF DIRECTORS ESTABLISH OVERALL GUIDELINES FOR THE TOTAL COMPENSATION PACKAGE. THE CEO AND OTHER TOP MANAGEMENT THEN USE COMPARABLE DATA FROM OTHER ELECTRIC COOPERATIVES IN OUR STATE AND AROUND THE NATION TO ESTABLISH THE APPROPRIATE COMPENSATION FOR EACH JOB CLASSIFICATION. THE OVERALL COMPENSATION PACKAGE MUST REMAIN WITHIN THE GUIDELINES ESTABLISHED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 OUR BYLAWS ARE AVAILABLE TO THE PUBLIC AT BOTH OFFICEES DURING REGULAR BUSINESS HOURS OR BY REQUEST. THE CONFLICT OF INTEREST POLICY IS INCLUDED IN OUR BYLAWS AND AVAILABLE AT BOTH OFFICES AND ON OUR WEBSITE. OUR MONTHLY FINANCIAL STATEMENTS ARE AVAILABLE AT EACH BOARD OF DIRECTORS MEETING, WHICH ARE OPEN TO THE PUBLIC TO ATTEND. IN ADDITION, OUR ANNUAL FINANCIAL STATEMENTS ARE PRESENTED TO THE MEMBERSHIP AS PART OF OUR ANNUAL MEETING OF THE MEMBERSHIP. ANNUAL FINANCIAL STATEMENTS ARE ALSO AVAILABLE TO THE PUBLIC AS PART OF OUR ANNUAL MEETING REPORT THAT IS POSTED ON OUR WEBSITE. FORM 990, PART X FORM 990, PART IX, LINE 4 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 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 OTHER CHANGES 637,585 CY MARGINS ASSIGNED TO MEMBERS 671,166 SCHOLARSHIPS/DONATIONS - OFFSET EXPENSE ON PART IX 53,855 RETIREMENT OF CAPITAL CREDITS -1,000,000 TOTAL 362,606 OUR BOARD OF DIRECTORS ELECTED TO DISTRIBUTE 15,000 IN SCHOLARSHIPS AND 37,855 IN DONATIONS FROM OUR RETAINED EARNINGS.