2026-05-06T17:51:52-07:00 2025-12-31 990 2025-01-01 820150010 NORTHERN LIGHTS INCORPORATED NORT 2082635141 PO Box 269 Sagle ID 83860 Annie Terracciano General Manager/CEO 2082557182 2026-05-06 2025 2025-03-06 01:10:19Z Annie Terracciano PO BOX 269 SAGLE ID 83860 50297385 0 X www.nli.coop X 1935 ID Provide Electric Service to Rural Members 7 7 76 0 0 0 0 0 43073886 45851962 200928 255247 2568226 4120279 45843040 50227488 0 0 3130618 4313433 8957375 9453646 0 0 0 33755047 36460409 45843040 50227488 0 0 109374499 119133807 43356774 50399227 66017725 68734580 To provide electric service to more than 20,000 rural members at the lowest possible cost on a cooperative basis. 0 0 50227488 0 50227488 Generated, distributed, and sold electric energy to members across Northern Idaho, Western Montana, and Northeastern Washington state. 0 0 0 50227488 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 35 0 0 76 1 0 0 0 0 0 45914055 4313433 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 ID X Ted Flint 2089465130 PO Box 269 Sagle ID 83860 Annie Terracciano General Manager/CEO 50 5 X 292686 0 148523 Kristin Burge Operations Manager 45 0 X 224052 0 106931 Dan Davis Lineman 51 0 X 238452 0 68372 Patrick Raynor Lineman 50 0 X 244541 0 58041 Marcus Hull Lineman 50 0 X 238898 0 58092 William Murray Lineman 50 0 X 231168 0 57055 Steve Klatt Director 12 0 X 34600 0 0 Steve Elgar President 16 0 X X 31200 0 0 Mike Dolan Secretary 12 0 X X 27600 0 0 Dave Anderson Director 12 0 X 27600 0 0 James Woodward Director 16 0 X 26600 0 0 Jill Vandegrift Director 12 0 X 26200 0 0 Kennon Mcklintock Vice President 12 0 X X 24600 0 0 1668197 0 497014 50 0 1 0 Eby Tree Service LLC PO Box 874 Bonners Ferry ID 83805 Tree Trimming 1481160 CDA Tree and Utility LLC 3563 S Stach Rd Coeur D Alene ID 83814 Tree Trimming 937923 Mountain Power Construction Company 5299 N Pleasant View Rd Post Falls ID 83854 Outage restoration 708500 Pro Mechanical Services Inc PO box 6526 Spokane WA 99217 HVAC 254149 4 0 Electric Energy Sales 221122 45738796 45738796 0 0 Connect Fees / Service income 221122 113166 113166 0 0 0 0 0 0 45851962 131337 0 0 131337 0 0 0 0 0 0 0 0 0 0 0 193807 0 69897 0 123910 123910 0 0 123910 Patronage Capital Credits and Other 221122 4058186 4058186 0 0 Pole Contact Contracts 221122 62093 0 0 62093 0 0 0 0 4120279 50227488 49910148 0 317340 0 0 0 4313433 639609 0 5462001 1740200 1065836 546000 332401 60072 44662 0 0 0 0 3972 62291 694060 0 559511 0 0 165536 1846035 0 3722571 262765 Purchased Power 19559006 Property Tax 945047 Power Production Expenses 537244 Maintenance and Operations 7665236 50227488 0 0 0 1566089 3531180 0 0 0 0 4636098 5262990 0 0 0 0 0 0 2845601 3489183 0 0 177980951 76479097 94898764 101501854 0 0 0 0 5290192 5256313 0 0 137755 92287 109374499 119133807 8775044 8969891 0 0 0 0 0 0 0 0 0 0 34581730 41429336 0 0 43356774 50399227 X 163377 163377 0 0 65854348 68571203 66017725 68734580 109374499 119133807 X 0 0 0 0 0 2716855 X 0 1 X 1 0 0 855224 855224 0 7397353 1722302 5675051 0 0 0 0 0 15043686 8911247 6132439 0 154684688 65845548 88839140 101501854 50227488 0 0 0 0 0 50227488 0 0 0 50227488 45914055 0 0 0 0 0 45914055 0 4313433 4313433 50227488 Schedule D, Part XII, Line 4b - Net Margin or Benefits paid to or for our members. - $4,313,433 0 0 0 Annie Terracciano General Manager/CEO 292686 0 0 0 0 0 116592 0 31931 0 441209 0 0 0 Kristin Burge Operations Manager 224052 0 0 0 0 0 89962 0 16969 0 330983 0 0 0 Dan Davis Lineman 238452 0 0 0 0 0 45291 0 23081 0 306824 0 0 0 Marcus Hull Lineman 238898 0 0 0 0 0 47321 0 10772 0 296991 0 0 0 Patrick Raynor Lineman 244541 0 0 0 0 0 47269 0 10772 0 302582 0 0 0 William Murray Lineman 231168 0 0 0 0 0 44451 0 12604 0 288223 0 0 0 Form 990, Part VI, Section A, Line 6 The cooperative has members Form 990, Part VI, Section A, Line 7a Members of the cooperative elect the Directors who in turn govern the body. Form 990, Part VI, Section A, Line 7b Members of the cooperative elect the directors who in turn govern the body. Form 990, Part VI, Section B, Line 11b The Board of Directors reviews form 990 and supporting schedules during the monthly Board meeting scheduled for April 27th, 2026. Form 990, Part VI, Section B, Line 12c The conflict of interest policy requires employees to disclose any situation or transaction in which the employee is involved that violates, or could appear to violate the objective of the Conflict of Interest policy to their supervisor. Any employee who violates the Conflict of Interest policy is subject to disciplinary action up to and including termination of employment. The supervisor and the GM/CEO will determine what action should be taken if any. The policy is reviewed annually. Form 990, Part VI, Section B, Line 15 The board of Directors reviews and approves the organizations GM/CEO compensation annually utilizing compensation of comparable cooperatives and organizations of similar size and in the same geographic area. Form 990, Part VI, Section C, Line 19 All documents are available upon request and is stated as such on our website with the appropriate contact, email address and phone number of the person providing the requested documentation. Form 990, Part XI, Line 9 The change in Net Assets and Fund Balances are the Capital Credits allocated during the current year less the Capital Credits retired and the change in "Post Retirement Benefit Obligations.