2025-05-15T13:40:08-05:00 2024-12-31 810446334 DOUGLAS WILSON & COMPANY PC 1000 FIRST AVENUE SOUTH GREAT FALLS MT 59401 990 2024-01-01 810218128 MARIAS RIVER ELECTRIC COOPERATIVE INC MARI 4064345575 PO BOX 729 SHELBY MT 59474 MERLE RAPH PRESIDENT 4064345575 2025-05-08 1 1 MELISSA H SOLDANO P01259603 4067614645 2024 2025-03-06 01:10:19Z MERLE RAPH PO BOX 729 SHELBY MT 59474 8392138 0 X WWW.MARIASRIVEREC.COM X 1945 MT PROVIDE ELECTRICAL POWER TO RURAL NORTHERN MONTANA 9 9 24 0 0 0 0 0 7173069 7675080 38552 34034 556452 683024 7768073 8392138 0 0 707457 1147022 421731 374050 0 0 0 6681218 6871066 7810406 8392138 -42333 0 21285494 21967316 10337839 10107479 10947655 11859837 PROVIDE ELECTRICAL POWER TO RURAL NORTHERN MONTANA 0 0 7158361 8358104 PROVIDE ELECTRIC POWER SERVICE TO COOPERATIVE MEMBERS IN NORTHERN RURAL MONTANA 7158361 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 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 0 0 0 1 45 0 1 24 1 0 0 0 0 0 0 0 7675080 717058 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X SHANE CLARK 4064345575 PO BOX 729 SHELBY MT 59474 MERLE RAPH PRESIDENT 2.83 X X 5984 0 0 ADRIAN HAWKS VICE PRESIDENT 0.88 X X 2757 0 0 JOE SISK SECRETARY/TREASURER 1.25 X X 4008 0 0 MEL FRETHEIM TRUSTEE 2.25 X 4458 0 0 TERRY PETERS TRUSTEE 0.89 X 3075 0 0 DAN GLIKO TRUSTEE 1.21 X 2570 0 0 SHANNON DUNK TRUSTEE 1.03 X 2598 0 0 SHANNON MCALLISTER TRUSTEE 0.62 X 1875 0 0 RENAE MANLEY TRUSTEE 1.69 X 3744 0 0 SHANE CLARK MANAGER 40.00 X 140782 0 51529 RYAN AUSTIN OPERATIONS SUPERINTENDENT 40.00 X 122629 0 67658 JUSTIN NELSON FOREMAN 40.00 X 126560 0 38571 CORY LAMB MAPPING TECH/JOURNEYMAN 40.00 X 114975 0 36570 DEREK DOANE JOURNEYMAN LINEMAN 40.00 X 107919 0 36549 MICHAEL LUKE WOOD JOURNEYMAN LINEMAN 40.00 X 115187 0 30226 759121 0 261103 8 0 1 0 0 ELECTRICAL SERVICE CHA 221000 7675080 7675080 7675080 34034 34034 CAPITAL CREDITS 221000 630355 630355 OTHER NONOPERATING INC 221000 52669 52669 683024 8392138 8358104 0 34034 1147022 1147022 223380 223380 138338 138338 12332 12332 62408 62408 15126 15126 26804 26804 357167 357167 768824 768824 52178 52178 COST OF POWER 3397023 3397023 DISTRIBUTION - MAINTENA 615565 615565 DISTRIBUTION - OPERATIO 587910 587910 TAXES 309273 309273 678788 332744 346044 8392138 7158361 1233777 0 108574 193622 6472 10258 994609 1011565 867791 808229 32153 31452 27886183 12438026 15250298 15448157 4025597 4464033 21285494 21967316 513738 418999 9007643 8756445 816458 932035 10337839 10107479 X 0 0 4360080 4755242 6587575 7104595 10947655 11859837 21285494 21967316 X 0 912182 X 0 1 X 1 0 84224 84224 27801959 12438026 15363933 15448157 CONSTRUCTION WORK IN PROGRESS 521199 INTEREST RECEIVABLE 3618 INVESTMENT IN ASSOCIATED ORGANIZATIONS 3656020 CAPITAL TERM CERTIFICATES 283196 4464033 ACCRUED EXPENSES 5743 ACCRUED PAYROLL 208847 CAPITAL CREDIT PAYABLE 134897 CONSUMER ENERGY PREPAYMENTS 242181 CONSUMERS DEPOSITS 104623 EDUCATION FUND PAYABLE 41345 INTEREST ACCRUED 39964 TAXES ACCRUED 154435 932035 8392138 0 8392138 0 8392138 7245116 0 7245116 1147022 1147022 8392138 PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATION OF MARGINS 1,147,022. X X X 0 0 0 SHANE CLARK MANAGER 140782 0 0 0 0 0 14334 0 37195 0 192311 0 0 0 RYAN AUSTIN OPERATIONS SUPERINTENDENT 122629 0 0 0 0 0 30601 0 37057 0 190287 0 0 0 JUSTIN NELSON FOREMAN 126560 0 0 0 0 0 20643 0 17928 0 165131 0 0 0 CORY LAMB MAPPING TECH/JOURNEYMAN 114975 0 0 0 0 0 18742 0 17828 0 151545 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MARIAS RIVER ELECTRIC COOPERATIVE IS A MEMBERSHIP ORGANIZATION WHOSE MEMBERS HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS AND RECEIVE CAPITAL CREDITS FROM THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A A COMMITTEE NOMINATES MEMBERS FOR EACH SEAT ON THE BOARD OF DIRECTORS. AT THE ANNUAL MEETING, A VOTE OF THE ENTIRE MEMEBERSHIP IS TAKEN TO APPROVE OR AMEND THE NOMINATIONS. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO ORGANIZATIONAL BY-LAWS AND SELLING A SUBSTANTIAL PORTION OF PROPERTY REQUIRES MEMBER APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE ORGANIZATION'S INDEPENDENT CPA, REVIEWED BY MANAGEMENT FOR ANY CORRECTIONS AND PROVIDED TO THE BOARD FOR THEIR REVIEW AND QUESTIONS. AFTER THE BOARD REVIEWS, ALL BOARD MEMBERS ARE POLLED FOR THEIR APPROVAL OF THE FORM 990. THE MOTION TO APPROVE WAS PASSED WITHOUT OBJECTION. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE AND ENFORCEMENT. THE BOARD INTERPRETS AND ENFORCES THIS POLICY. THE MINUTES OF ALL BOARD MEETINGS SHOULD RECORD ALL DISCLOSURES, VOTES, AUTHORIZATIONS, AND OTHER ACTIONS TAKEN UNDER THIS POLICY. EACH OFFICIAL MUST ANNUALLY COMPLETE AND SIGN THE CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORM ATTACHED TO THIS POLICY AND DELIVER THE COMPLETED AND SIGNED FORM TO PRESIDENT OR MANAGER. IF AN OFFICIAL DISCOVERS ANY INFORMATION OR FACT THAT COULD IMPACT ANOTHER OFFICIAL'S COMPLIANCE WITH THIS POLICY, THEN THE OFFICIAL MUST DISCLOSE THE INFORMATION OR FACT TO PRESIDENT OR MANAGER IMMEDIATELY. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS PRESENTED TO THE BOARD FOR THE PRESIDENT'S SIGNATURE. FORM 990, PART XI, LINE 9: ALLOCATION OF MARGINS 1,147,022. CHANGE IN OTHER EQUITIES 16,106. RETIREMENT OF CAPITAL CREDITS -251,008. NET CHANGE TO ASSOC ORG CAPITAL CREDITS 62.