2025-05-07T14:22:28-04:00 2024-12-31 990 2024-01-01 840271515 MORGAN COUNTY RURAL ELECTRIC ASSOCIATION % David P Frick MORG 9708675688 PO BOX 738 FORT MORGAN CO 807010738 David Frick General Manager 2025-05-08 2024 2025-03-06 01:10:19Z David P Frick PO BOX 738 FORT MORGAN CO 807010738 57473357 false X www.mcrea.org X 1937 CO Morgan County Rural Electric Association is a cooperative that provides distribution and sales of electric energy on a retail basis to the rural areas of six counties in Colorado. 9 9 43 0 0 0 0 0 44633664 56612528 704113 706933 68670 63987 45406447 57383448 0 0 5630618 9916471 4631386 5084528 0 0 0 35144443 42382449 45406447 57383448 0 0 110805368 110380377 59712557 54068500 51092811 56311877 Morgan County Rural Electric Association is a cooperative that provides distribution and sales of electric energy on a retail basis to the rural areas of six counties in Colorado. false false 57383448 0 56612528 Provided electrical power to 9688 meters. Delivered and sold 473,365,330 kWh to our member owners. 0 0 0 0 0 0 0 0 0 57383448 false 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 false false true false false false false false false false false false false false false false false true 49 0 true 43 true false false false false false 53392382 3991066 false false false 9 9 false false false false true true true true true false false false true true true true true true true false X Morgan County REA David Frick 9708675688 734 Barlow Road Fort Morgan CO 80701 David E Arndt Director 5.00 0.00 X 35673 0 0 Larry Hoozee Director 5.00 0.00 X 32473 0 0 Terry Tormohlen Director 5.00 0.00 X X 33455 0 0 Terry Linker Director 5.00 0.00 X X 16932 0 0 Timothy A Peggram Director 5.00 0.00 X 35473 0 0 David Frick General Manager 45.00 0.00 X 243434 0 98606 Steve Sundet Manager of Engineering 45.00 0.00 X 160331 0 73975 Robb Shaver Manager of Office Services 45.00 0.00 X 152663 0 71887 Rodney Rhoades Lineman 40.00 0.00 X 147702 0 61596 Alan Mason Manager of Operations 45.00 0.00 X 142690 0 68204 Robert Baranowski Manager of Member Services 45.00 0.00 X 124585 0 62249 Cary Wickstrom Director 5.00 0.00 X X 21422 0 0 J Brian Pabst Director 5.00 0.00 X X 33073 0 0 Jim Bostron Director 5.00 0.00 X 17632 0 0 Kyle Eiring Director 5.00 0.00 X 17235 0 0 Roger Wunsch Lineman 40.00 0.00 X 141925 0 41834 1356698 0 478351 7 false true false United Tree Service 28171 MCR Q Brush CO 80723 Tree Trimming 217120 Altitude Energy PO Box 359 Keenesburg CO 80643 Power Line Construction 4057097 Mountainside Power LLC PO Box638 Afton WY 83110 Power Line Construction 891509 3 0 0 0 0 0 0 0 0 Utilities 221000 53605670 53605670 0 0 Utilities 221000 140187 140187 0 0 Utilities 221000 2866671 2866671 0 0 0 0 0 0 0 0 0 0 0 0 0 0 56612528 624558 0 0 624558 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 82375 0 0 0 82375 82375 82375 0 0 0 0 0 0 0 0 0 0 0 0 0 0 153896 89909 63987 63987 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 57383448 56758890 0 624558 0 0 0 0 0 0 9916471 9916471 809958 809958 0 0 0 0 0 0 3746018 3746018 0 0 203703 203703 0 0 0 0 0 0 324849 324849 0 0 0 0 0 0 29140 29140 0 0 18400 18400 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20009 20009 0 0 8296 8296 0 0 64541 64541 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 74549 74549 0 0 1470479 1470479 0 0 0 0 0 0 2180157 2180157 0 0 0 0 0 0 Purchased Power 35748248 35748248 0 0 Distribution Expense 1256611 1256611 0 0 Administrative and General Expense 402429 402429 0 0 Consumer Sales and Service Expense 1002479 1002479 0 0 107111 107111 0 0 57383448 57383448 0 0 0 0 0 0 2603308 2804384 9815277 3690123 0 0 3496673 3908620 0 0 0 0 0 0 4350457 4585076 753047 678829 86586426 16401152 67618970 70185274 0 0 0 0 21964539 24329453 0 0 203097 198618 110805368 110380377 2581023 3067147 0 0 0 0 0 0 0 0 0 0 49482674 47009846 0 0 7648860 3991507 59712557 54068500 X 0 0 6045838 6098523 45046973 50213354 51092811 56311877 110805368 110380377 X 0 0 0 0 0 5219066 X false true X true false 0 76870 76870 0 7245287 947082 6298205 0 0 0 0 0 5104128 3738849 1365279 0 74160140 11715221 62444920 70185274 Investments in Associated Organizations 24329453 C 24329453 Accumulated Provision for Pension and Benefits 2120034 Customer Deposits 44223 Accrued Taxes 1174665 Accrued Interest 51262 Accrued PTO 386306 Cafeteria Plan 2048 Accrued Payroll 212969 3991507 57383448 0 57383448 0 57383448 47359866 0 47359866 10023582 10023582 57383448 Part XII, line 4b Benefits Paid to Members $9,916,471; Other Deductions $107,111 X X X false false false David Frick General Manager 243434 0 0 0 0 0 73771 0 24835 0 342040 0 0 0 Robb Shaver Manager of Office Services 152663 0 0 0 0 0 47052 0 24835 0 224550 0 0 0 Alan Mason Manager of Operations 142690 0 0 0 0 0 43369 0 24835 0 210894 0 0 0 Rodney Rhoades Lineman 147702 0 0 0 0 0 38257 0 23339 0 209298 0 0 0 Robert Baranowski Manager of Member Services 124585 0 0 0 0 0 37414 0 24835 0 186834 0 0 0 Steve Sundet Manager of Engineering 160331 0 0 0 0 0 49139 0 24835 0 234305 0 0 0 Roger Wunsch Lineman 141925 0 0 0 0 0 18495 0 23339 0 183759 0 0 0 Part VI, Line 6 The organization has members each possessing one vote. The Board of Directors is elected by the entire membership annually during a meeting with the option for mail-in ballots. Any amendments to the By-laws are subject to a vote at this meeting. Meeting minutes are recorded and shared with the membership. Additionally the auditor reviews the monthly Board meeting minutes. Part VI, Line 7a Class of the Person: Nature of their rights: Member One member one vote Part VI, Line 7b Class of the Person: Decisions that require their approval: Nature of their rights: Member Director elections and by-law changes. One member one vote Part VI, Line 11a The Form 990 will be reviewed by the General Manager prior to filing. The remaining governing body will review at the next scheduled board meeting. Part VI, Line 11b This Form 990 is reviewed by the General Manager of the organization before the form is filed. Part VI, Line 12c The policy is reviewed at a regularly scheduled meeting of the Board of Directors governing body. The General Manager regularly and consistently monitors and enforces compliance with the policy. Part VI, Line 15 CEO - David P Frick The General Managers compensation is determined by the Board of Directors using individual reviews and comparisons within the industry. Key Employees The General Manager determines the compensation for the key employees using a formal written and oral review system. The review also includes a planning session for the future. Part VI, Line 19 New members of the Cooperative receive an information booklet that includes the Articles of Incorporation and By-laws. This information is also on our web site: www.mcrea.org. Board Policy No. 2-5 Member Consumer Requests for Cooperative Information establishes the rules and procedures to be followed in response to request from member consumers for Cooperative information. An annual report including financial statements is mailed to the membership and is also available on the web site. Part XI, Line 9 | Description:, Explanation:, Amount:| Retirement of Capital Credits, Retirement of Capital Credits, $-4750090| FASB 106 OBLIGATION, FASB 106 OBLIGATION, $-144033| Reacquired Capital Stock, Reacquired Capital Stock, $196718| Operating Margins, Operating Margins, $6286896| Non-Operating Margins, Non-Operating Margins, $3629575|