2024-04-22T13:47:23-05:00 2023-08-31 431305800 UHY ADVISORS MIDWEST INC 4200 UNIVERSITY AVE SUITE 410 WEST DES MOINES IA 50266 990 2022-09-01 420662488 IOWA ASSOCIATION OF ELECTRIC COOPERATIVES IOWA 5152765350 8525 DOUGLAS AVENUE SUITE 48 DES MOINES IA 503222992 CHARLES SODERBERG EXECUTIVE V.P./GENERAL MANAGER 5152765350 2024-04-18 1 CHARLES SODERBERG 999009999 0 MARK A CRONIN P01742902 5152225680 2024-04-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHARLES SODERBERG 8525 DOUGLAS AVENUE SUITE 48 DES MOINES IA 503222992 5926736 0 X WWW.IOWAREC.ORG X 1942 IA TO PROVIDE SERVICES TO RURAL ELECTRIC COOPERATIVES. 8 8 18 0 5000 0 0 0 5192345 5630727 58030 54142 15750 16200 5266125 5701069 0 0 0 0 2592258 2513951 0 0 0 2625028 2773251 5217286 5287202 48839 413867 2896267 3496705 670259 819151 2226008 2677554 X PROVIDE SERVICES TO RURAL ELECTRIC COOPERATIVES. 0 0 EDUCATION & TRAINING - PROVIDED EDUCATIONAL OPPORTUNITIES FOR EMPLOYEES AND DIRECTORS OF MEMBER COOPERATIVES IN TECHNICAL AND MANAGEMENT SUBJECTS RELATED TO THEIR EMPLOYMENT. NUMEROUS PROGRAMS WERE HELD DURING THE YEAR. SAFETY PROGRAMS - PROVIDED EDUCATION AND TRAINING IN AREAS RELATED TO ELECTRIC & OSHA SAFETY. SEVERAL STAFF MEMBERS WERE DEVOTED EXCLUSIVELY TO THIS FUNCTION. GOVERNMENT RELATIONS - PROVIDE INFORMATION TO LEGISLATIVE AND ADMINISTRATIVE PARTIES IN FEDERAL AND STATE GOVERNMENT ON RURAL ELECTRIC ISSUES. COMMUNICATIONS - PROMOTED PUBLIC AWARENESS OF RURAL ELECTRIC COOPERATIVES AND THEIR PURPOSE AND ACTIVITIES, PARTICULARLY WHAT MEMBER-CONSUMER-OWNERS CAN DO TO USE ENERGY MORE EFFICIENTLY. APPROXIMATELY 58,000 COPIES OF "IOWA ELECTRIC COOPERATIVE LIVING" MAGAZINES ARE CIRCULATED MONTHLY. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 46 0 18 1 1 1 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DAVID JACOBSEN 5152239393 14225 UNIVERSITY AVE STE 206 WAUKEE IA 50263 MARION DENGER NRECA DIRECTOR 2.00 X 8050 0 0 KEVIN WHEELER MANAGER'S REPRESENTATIVE 2.00 X 0 0 0 ROGER SOLOMONSON PRESIDENT 2.00 X X 18125 0 0 GORDON GREIMANN VICE PRESIDENT 2.00 X X 10850 0 0 KENNETH VANDENBERG SECRETARY/TREASURER 2.00 X X 10913 0 0 DEENA MOORE ASSISTANT SECRETARY/TREASURER 2.00 X X 12163 0 0 BRUCE AMUNDSON DIRECTOR 2.00 X 875 0 0 JIM MILLER DIRECTOR 2.00 X 13825 0 0 TONY LEM DIRECTOR 2.00 X 9887 0 0 CHARLES SODERBERG EXECUTIVE V.P./GENERAL MAN 40.00 X 306166 0 76019 REGI GOODALE DIRECTOR - REGULATORY AFFA 40.00 X 224872 0 43673 KEVIN CONDON DIRECTOR - GOVT RELATIONS 40.00 X 153365 0 63190 TIM FALK DIRECTOR - BENEFITS 40.00 X 160610 0 60907 SCOTT MEINEKE DIRECTOR - SAFETY 40.00 X 141230 0 45973 1070931 0 289762 5 0 1 0 JACOBSEN & COMPANY LLP 14225 UNIVERSITY AVE SUITE 206 WAUKEE IA 50263 ACCOUNTING 170536 SULLIVAN & WARD PC 6601 WESTOWN PARKWAY SUITE 200 WEST DES MOINES IA 502667733 LEGAL 148944 2 MEMBERSHIP DUES AND ASSESSMENTS 900099 2871570 2871570 SAFETY & LOSS CONTROL 900099 1284918 1284918 COMMUNICATIONS 900099 733005 5000 728005 EDUCATION & TRAINING 900099 718850 718850 REGULATORY 900099 12710 12710 9674 9674 5630727 37368 37368 16200 0 16200 16200 16200 218891 23550 215723 9944 3168 13606 16774 16774 5701069 16200 5000 5679869 496709 1312912 418201 155175 130954 18826 177822 65927 65925 49532 14711 113269 38001 COMMUNICATIONS 810306 EDUCATION 700898 SAFETY 341898 GOVERNMENT RELATIONS 212437 163699 5287202 670998 749337 847067 1065025 179905 124206 201792 236234 1781647 1232296 381008 549351 425573 460108 189924 190346 0 122098 2896267 3496705 571278 604476 98981 92567 0 122108 670259 819151 X 2177169 2263687 2226008 2677554 2896267 3496705 413867 37679 0 X X 0 1 X 1 0 1 0 0 950760 712117 238643 830887 520179 310708 549351 PATRONAGE CAPITAL CERTIFICATES - NATIONAL RURAL TELECOMMUNICATIONS COOP 7134 C INVESTMENT IN NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION 139840 C INVESTMENT IN FEDERATED RURAL ELECTRIC INSURANCE EXCHANGE 43372 C 190346 OPERATING LEASE RIGHT-OF-USE LIABILITY 122108 122108 X 5738748 37679 37679 5701069 0 5701069 5287202 0 5287202 0 5287202 PART X, LINE 2: IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES, THE ASSOCIATION ASSESSES ITS TAX POSITIONS AND DETERMINES IF ANY POSITIONS ARE UNCERTAIN. THE ASSOCIATION HAS ANALYZED ITS FILING POSITIONS OPEN TO REVIEW AND BELIEVES ALL SIGNIFICANT POSITIONS HAVE A "MORE-LIKELY-THAN-NOT LIKELIHOOD OF BEING UPHELD BASED ON THEIR TECHNICAL MERITS. X X X 0 0 0 CHARLES SODERBERG EXECUTIVE V.P./GENERAL MAN 306166 0 0 0 0 0 72973 0 3046 0 382185 0 0 0 REGI GOODALE DIRECTOR - REGULATORY AFFA 224872 0 0 0 0 0 43673 0 0 0 268545 0 0 0 TIM FALK DIRECTOR - BENEFITS 160610 0 0 0 0 0 40915 0 19992 0 221517 0 0 0 KEVIN CONDON DIRECTOR - GOVT RELATIONS 153365 0 0 0 0 0 39976 0 23214 0 216555 0 0 0 SCOTT MEINEKE DIRECTOR - SAFETY 141230 0 0 0 0 0 34545 0 11428 0 187203 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS FORM 990, PART VI, SECTION A, LINE 7A MEMBERS FORM 990, PART VI, SECTION B, LINE 11B TAX RETURN IS REVIEWED FOR ACCURACY AND COMPLETENESS BY EXECUTIVE VICE PRESIDENT/GENERAL MANAGER AND BOARD OF DIRECTORS BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE PROCESS IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION INCREASES ARE BASED ON COMPENSATION SURVEY "RESMA SURVEY AND ARE SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR. IOWA ASSOCIATION OF ELECTRIC COOPERATIVES HEALTH CARE TRUST 8525 DOUGLAS AVE STE 48 URBANDALE IA 50322 421161992 GROUP HEALTH ORGANIZATION IA 501(C)(9) N/A 0 HAWKEYE INSURANCE ASSOCIATION 8525 DOUGLAS STE 48 URBANDALE IA 50322 421438152 BENEFITS ADMIN IA N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 IAEC HEALTH CARE TRUST - HEALTH PREMIUMS R 23399801 ACTUAL HAWKEYE INSURANCE ASSOCIATION - TIM FALK'S SALARY & OPERATING EXP REIMB Q 258308 ACTUAL