2024-11-14T14:38:37-05:00 2023-12-31 391277627 BAUMAN ASSOCIATES LTD PO BOX 1225 EAU CLAIRE WI 547021225 990 2023-01-01 390207312 CHIPPEWA VALLEY ELECTRIC COOPERATIVE CHIP 7152396800 PO BOX 575 CORNELL WI 54732 RUSS FALKENBERG PRES/CEO (JUN-DEC) 7152396800 2024-11-14 true false NATHAN KALEPP CPA P01320467 7158342001 2024-11-14 2023 2024-10-15 13:58:12Z RUSS FALKENBERG PO BOX 575 CORNELL WI 54732 17286219 false X N/A X 1938 WI SUPPLYING ELECTRICITY TO ITS MEMBERS. 8 8 26 513275 167122 0 16157934 16498102 177534 185587 225583 484710 16561051 17168399 0 1300219 1171876 340633 407727 0 0 14806712 15382961 16447564 16962564 113487 205835 48047312 49531836 24652842 25417714 23394470 24114122 SUPPLYING ELECTRICITY TO ITS MEMBERS. false false SUPPLYING ELECTRICITY TO ITS MEMBERS. false false false false false false false false false true false true false 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 true true false true 157 0 true 26 true true true false false false false 16485621 182196 false false false X 8 8 true false false false true true true true true false false false true true true true true true true false X THE ORGANIZATION 7152396800 PO BOX 575 CORNELL WI 54732 RUSS FALKENBERG PRES/CEO (JU 40.00 X 135544 300 51464 KEVIN SCHEIDLER LINE SUPERIN 40.00 X 113418 0 62022 NICOLAS ALBERSON OPERATIONS M 40.00 X 130647 0 37199 DANIEL FERRIS LINEMAN 45.13 X 115369 0 46196 EDWARD ROSSETER LINEMAN 45.90 X 118849 0 11917 CHRISTOPHER LARSON LINEMAN 44.35 X 111102 0 17047 DEAN ORTMANN PRES/CEO (JA 48.52 X 102072 1900 11873 DANY LISKE DIRECTOR 5.75 X 17325 0 0 KEVIN MEISTAD VICE-CHAIRMA 3.22 X 15925 0 0 JOHN PETSKA CHAIRMAN OF 5.18 X 14701 0 0 FRANCIS DRAXLER DIRECTOR 6.61 X 12200 0 0 STEVE JOHNSON DIRECTOR 5.27 X 10625 0 0 JOE MELVILLE DIRECTOR 4.09 X 7100 0 0 STEVEN WALL DIRECTOR 2.74 X 6725 0 0 DEONE GOETTL ASST. SEC/TR 9.63 X 6376 0 0 917978 2200 237718 7 false true false A-1 POWER PO BOX 90 BLOOMER WI 54724 UG AND OH LINES 317091 ZIELIE'S TREE SERVICE PO BOX 307 BRUCE WI 54819 CLEARING/BRUSH 246871 HEARTLAND BUSINESS SYSTEMS PO BOX 856489 MINNEAPOLIS MN 55485 IT SERVICES 167974 3 ELECTRIC REVENUE 221000 15953936 15953936 CAPITAL CREDITS AND OTHER 221000 544166 544166 16498102 183217 157500 25717 2370 2370 2370 2370 98047 117820 -19773 -19773 MUNICIPALITY MAINTENANCE REVE 517000 334510 334510 MISC NON-OPERATING 517000 128935 128935 MAIN STREET MSGR 517000 32172 32172 8866 8866 504483 17168399 16085241 513275 569883 1171876 407727 721948 1769288 PURCHASED POWER 8882959 DISTRIBUTION - OPERATIONS 980831 DISTRIBUTION - MAINTENANC 785450 ADMINISTRATIVE AND GENERA 728412 1514073 16962564 0 0 0 300614 992746 1433 75521 1597236 1412664 4500000 4500000 491996 552320 91162 93018 52802971 18485111 33809122 34317860 7009 7009 7181731 7521275 67009 59423 48047312 49531836 2570478 1587688 21553889 23465274 528475 364752 24652842 25417714 X 23394470 24114122 23394470 24114122 48047312 49531836 X 205835 513817 X false false false 31889 31889 52651082 18467111 34183971 34215860 INVEST IN ASSOC ORG- PATRONAGE CAP 7031618 C CFC CAPITAL TERM CERTIFICATES 337557 C INVEST IN ASSOC ORG MEMBERSHIPS/STO 152100 C 7521275 DEFERRED CREDITS 275517 CUSTOMER DEPOSITS 89235 364752 X X false false false RUSS FALKENBERG PRES/CEO (JUN-DEC) 135544 300 34654 16810 187008 300 KEVIN SCHEIDLER LINE SUPERINTENDANT 113418 34057 27965 175440 NICOLAS ALBERSON OPERATIONS MANAGER 130647 14373 22826 167846 DANIEL FERRIS LINEMAN 115369 36039 10157 161565 FORM 990, PAGE 6, PART VI, LINE 2 DEONE GOETTL JOHN PETSKA FAMILY RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 6 EXPLANATION: THE COOPERATIVE IS ORGANIZED WITHOUT CAPITAL STOCK AND THERE IS ONLY ONE CLASS OF MEMBER WITH RESPECT TO VOTING RIGHTS. FORM 990, PAGE 6, PART VI, LINE 7A EXPLANATION: MEMBERS OF THE COOPERATIVE ELECT MEMBERS OF THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 7B EXPLANATION: EACH MEMBER IS ENTITLED TO ONE VOTE UPON EACH MATTER SUBMITTED TO A VOTE AT THE MEETING OF THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B EXPLANATION: THE PRESIDENT AND OFFICE MANAGER OF THE COOPERATIVE REVIEW A DRAFT COPY OF FORM 990 WITH THE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C EACH DIRECTOR UPDATES A CONFLICT OF INTEREST POLICY ANNUALLY AND SIGNS. EMPLOYEES HAVE FILLED OUT A CONFLICT OF INTEREST POLICY BUT THEY ARE NOT REQUIRED TO SIGN IT ANNUALLY. IT IS THE RESPONSIBILITY OF EACH EMPLOYEE/DIRECTOR TO COME FORWARD WITH ANY POTENTIAL CONFLICTS WHENEVER THEY OCCUR. THE WHISTLEBLOWER POLICY SUPPORTS THE ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY BY ENCOURAGING ALL EMPLOYEES/DIRECTORS TO REPORT CONFLICTS OF INTEREST AND OTHER QUESTIONABLE BEHAVIOR. FORM 990, PAGE 6, PART VI, LINE 15A EXPLANATION: THE BOARD OF DIRECTORS USES COMPARIBILITY STUDIES PROVIDED BY NRECA TO DETERMINE THE COMPENSATION OF THE COOPERATIVES TOP MANAGEMENT OFFICIAL AND OTHER OFFICERS. FORM 990, PAGE 6, PART VI, LINE 15B SEE 15A ABOVE. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTATION IS AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9 GAIN ON EARLY RETIREMENT OF CAPITAL CREDITS TO EST 30,107 MARGINS ALLOCATED 1,171,876 RETIREMENT OF PATRONAGE CAPITAL -688,166 TOTAL 513,817 CHIPPEWA VALLEY SATELLITE CORP 317 SOUTH 8TH STREET CORNELL WI 54732 391778758 PART VII WI PART VII C CORP -580144 9760132 1.00000 true true false false true false false false false false false false true false true false false true false false CHIPPEWA VALLEY SATELLITE CORPORATI A 8700 CASH RECEIVED FROM CVS CHIPPEWA VALLEY SATELLITE CORPORATI D 4500000 LOAN BALANCE CHIPPEWA VALLEY SATELLITE CORPORATI A 159226 INTEREST ON LOAN SCHEDULE R PART IV, PRIMARY ACTIVITY DESCRIPTION: PROVIDED WIRELESS INTERNET SERVICES PART IV, DIRECT CONTROLLING ENTITY: CHIPPEWA VALLEY ELECTRIC COOPERATIVE