2026-08-21T15:02:16-05:00 2025-12-31 423603499 EIDE BAILLY ADVISORY LLC 345 N REID PL STE 400 SIOUX FALLS SD 571037077 990 2025-01-01 410621437 WRIGHT-HENNEPIN COOPERATIVE ELECTRIC ASSOCIATION WRIG 7634773000 PO BOX 330 ROCKFORD MN 553730330 SUSAN SORENSEN CFO 7634773000 2026-08-21 1 LAURIE HANSON P00851848 6053391999 2026-08-21 2025 2025-03-06 01:10:19Z TIMOTHY SULLIVAN PO BOX 330 ROCKFORD MN 553730330 145474978 0 X WWW.WHE.ORG X 1937 MN WHCEA IS A MEMBER-OWNED, NOT-FOR-PROFIT ELECTRIC COOPERATIVE. ELECTRIC UTILITY THAT PROVIDES POWER TO RURAL WRIGHT COUNTY AND WESTERN HENNEPIN COUNTY. 9 9 150 0 0 0 0 0 121040171 133787364 184288 253356 3975498 11429730 125199957 145470450 12593 22600 9984040 12723182 2667675 2607379 0 0 0 111593559 125298951 124257867 140652112 942090 4818338 284291714 317426132 175184003 193936660 109107711 123489472 WE DELIVER THE POWER, PRODUCTS AND COMPETITIVE PRICING ESSENTIAL FOR IMPROVING THE QUALITY OF LIFE OF THE MEMBERS AND COMMUNITIES WE SERVE. 0 0 DELIVER THE POWER, PRODUCTS AND COMPETITIVE PRICING ESSENTIAL FOR IMPROVING THE QUALITY OF LIFE OF THE MEMBERS AND COMMUNITIES WE SERVE. THIS IS DONE BY EXECUTING A COMPREHENSIVE STRATEGY PLAN, WHICH INCLUDES PURCHASING POWER FROM SEVERAL PROVIDERS, THE LARGEST COST TO THE COOPERATIVE.THE COOPERATIVE SERVED 50,113 MEMBERS ACROSS 4,437 MILES OF LINE AS OF DECEMBER 31, 2025. 0 0 0 0 0 0 0 1 0 1 1 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 37 0 1 150 1 0 0 0 0 0 134511456 4980561 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 1 0 X WRIGHT-HENNEPIN COOP ELECTRIC ASSOC 7634773000 6800 ELECTRIC DR ROCKFORD MN 55373 X ERICK HEINZ CHAIR 10.50 1.90 X X 31001 16674 0 MARK SKINNER DIRECTOR/VICE-CHAIR 6.70 1.80 X X 24464 18986 0 JOHN REYNOLDS VICE-CHAIR (UNTIL APR) 6.70 1.90 X X 7099 5976 0 MICHAEL TIEVA SECRETARY/TREASURER 12.20 2.20 X X 27890 16760 0 PAT BAKEBERG DIRECTOR 6.00 2.00 X 21544 15256 0 AUDREY BRITTON DIRECTOR 9.00 1.70 X 28219 19456 0 CHRIS LANTTO DIRECTOR 3.50 0.75 X 21956 15544 0 DUANE LINDENFELSER DIRECTOR 10.00 9.00 X 21771 15904 0 TIMOTHY YOUNG DIRECTOR 4.50 2.10 X 21264 15886 0 RICHARD DEHMER DIRECTOR (BEG APR) 4.60 1.20 X 14066 10159 0 TIM SULLIVAN PRESIDENT & CEO 42.50 2.50 X 540918 31818 124094 SUSAN SORENSEN CFO 30.00 20.00 X 199578 133051 93280 BOB SANDBERG VP OF POWER SUPPLY 44.90 0.10 X 316062 704 69915 LEE NORDBY OPERATIONS DIRECTOR 45.00 3.00 X 243416 16228 75139 JENNIFER SEVERSON VP OF HUMAN RESOURCES 30.00 15.00 X 174724 87362 85896 CURTIS CORDT SYSTEM PLANNING ENGINEERING SUPERVISOR 45.00 0.00 X 239027 0 69824 MARTHA WEST VP COMMUNICATIONS (UNTIL AUG) 39.00 6.00 X 175191 26952 52732 KEITH BURANDT LINE CREW FOREMAN 45.90 0.00 X 200020 0 52525 MICHAEL KRONQUIST LINE CREW FOREMAN 45.30 0.00 X 200410 0 24500 SCOTT GEAREY LINE CREW FOREMAN 49.80 0.00 X 217190 0 62897 JOHN STUEVEN RELIEF LINE CREW FOREMAN 49.40 0.00 X 212961 0 41804 DANIEL MORRIS RELIEF LINE CREW FOREMAN 47.60 0.00 X 196918 0 56317 3135689 446716 808923 65 0 1 0 MP NEXLEVEL LLC 500 COUNTY ROAD 37 E MAPLE LAKE MN 55358 UNDERGROUND BORING/LINE CONSTRUCTION 3084043 ASPLUNDH TREE EXPERT CO PO BOX 532729 ATLANTA GA 303532729 TREE TRIMMING 2006964 MICHELS UTILITY SERVICES INC 817 MAIN STREET BROWNSVILLE WI 530060095 UNDERGROUND BORING/LINE CONSTRUCTION 1149667 BEAR TREE CARE INC 5625 20TH ST NE BUFFALO MN 55313 TREE TRIMMING 815540 METROPOLITAN MECHANICAL CONTRACTORS INC 7450 FLYING CLOUD DR EDEN PRAIRIE MN 55344 HVAC WORK 661003 15 SALE OF ELECTRICITY 221000 133787364 133787364 133787364 218856 218856 42000 4528 37472 37472 37472 34500 0 34500 34500 34500 CAPITAL CREDITS 900099 8061507 8061507 INCOME FROM SUBSIDIARY 900099 1795249 1795249 EMPLOYEE RETENTION CREDIT 900099 1521442 1521442 14060 14060 11392258 145470450 143658180 0 1812270 X 16600 6000 12723182 2607379 5421475 8362769 COST OF POWER 90119166 DISTRIBUTION - OPERATIO 6849264 DISTRIBUTION - MAINTENA 5096599 ADMINISTRATIVE AND GENE 4295783 5153895 140652112 1122146 3884307 7952767 11199112 2339 2340 5369456 6014041 763820 651122 288871905 95688985 175466692 193182920 26483539 27551828 60267128 67237780 6863827 7702682 284291714 317426132 23147214 24112627 7273409 6212857 43772 44435 122974699 149382535 13200000 6500000 8544909 7684206 175184003 193936660 X 0 0 0 0 109107711 123489472 109107711 123489472 284291714 317426132 X 4818338 9563423 X X 0 1 X 1 0 0 1 X 3629544 3629544 11617922 7166548 4451374 263471206 88522437 174948769 10153233 10153233 193182920 DEFERRED COMP INVESTMENTS 1521857 C INVESTMENT IN SUBSIDIARY 19817114 C SPECIAL FUNDS 6212857 C 27551828 PATRONAGE CAPITAL FROM ASSOCIATED ORGANIZATIONS 66194674 C CFC CAPITAL TERM CERTIFICATES 1004144 C STOCKS IN ASSOCIATED COMPANIES 38962 C 67237780 CUSTOMER DEPOSITS 2118537 DEFERRED COMPENSATION 1350692 DEFERRED CREDITS 4041547 LEASE LIABILITY 173430 7684206 X 145054630 -415820 -415820 145470450 0 145470450 127507110 0 127507110 13145002 13145002 140652112 PART IV, LINE 2B: MEMBERS OF WRIGHT-HENNEPIN CAN ROUND UP THEIR MONTHLY ELECTRIC BILL TO THE NEXT DOLLAR. FUNDS COLLECTED FROM THE MEMBERSHIP ARE HELD IN AN ACCOUNT UNTIL THEY ARE RELEASED TO THE WRIGHT-HENNEPIN ELECTRIC TRUST FOR DISTRIBUTION TO LOCAL CHARITIES. OPERATION ROUND UP (ORU) FUNDS DISTRIBUTION IS DETERMINED BY THE ORU BOARD OF DIRECTORS. ALL DECISIONS ARE BASED ON NEED. PRIORITY IS GIVEN TO WH MEMBERS. REQUESTS MUST BENEFIT AREA RESIDENTS AND LOCAL COMMUNITIES. FUNDS ARE TRANSFERRED TO THE TRUST MONTHLY. FUNDS THAT EXIST AT YEAR-END ARE A RESULT OF A TIMING DIFFERENCE IN THE RECEIPT OF THE FUNDS AND THEIR RELEASE TO THE TRUST. FOR THE YEAR ENDED DECEMBER 31, 2025, THE ACCOUNT HELD $44,435. PART X, LINE 2: THE COOPERATIVE BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE COOPERATIVE WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO THE UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASSIFY CONSERVATION IMPROVEMENT PROGRAM REBATES -415,820. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASSIFY CONSERVATION IMPROVEMENT PROGRAM REBATES 415,820. ALLOCATION OF 2025 MARGINS TO MEMBERS IN 2026 12,723,182. SCHOLARSHIP PAID FROM ESCHEATMENT 6,000. 1 COOPERATIVE FAMILY FUND 5930 US 31 GRAWN MI 49367 921416383 501C3 10000 0 SUPPORT 1 0 SCHOLARSHIP 2 6000 PART I, LINE 2: THE COOPERATIVE FAMILY FUND PROVIDES SUPPORT FOR THE CHILDREN OF THE ELECTRIC COOPERATIVE EMPLOYEES BY A ONE-TIME MONETARY CONTRIBUTION WHEN THE CHILD TURNS 18 THAT CAN BE USED FOR COLLEGE OR ANY OTHER EXPENSES RELATED TO LAUNCHING THEMSELVES INTO ADULTHOOD. THE ORGANIZATION MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF GRANTS GIVEN IN ITS FINANCIAL RECORDS. UPON THE DEATH OF A PARENT, THE COOPERATIVE'S HR DEPARTMENT WILL INITIATE THE ENROLLMENT PROCESS ON THE COOPERATIVE FAMILY FUND CHILDREN'S BEHALF, ENSURING FUNDS ARE USED APPROPRIATELY. X X X X 1 1 0 TIM SULLIVAN PRESIDENT & CEO 390425 22966 142840 8402 7653 450 88751 5221 30217 1777 659886 38816 0 0 SUSAN SORENSEN CFO 166441 110960 31620 21080 1517 1011 36454 24303 20637 13758 256669 171112 0 0 BOB SANDBERG VP OF POWER SUPPLY 251728 561 62452 139 1882 4 64433 144 7194 16 387689 864 0 0 JENNIFER SEVERSON VP OF HUMAN RESOURCES 138491 69245 35805 17903 428 214 36421 18211 22009 11005 233154 116578 0 0 LEE NORDBY OPERATIONS DIRECTOR 207477 13832 34925 2328 1014 68 46220 3081 25885 1726 315521 21035 0 0 CURTIS CORDT SYSTEM PLANNING ENGINEERING SUPERVIS 201158 0 35554 0 2315 0 46692 0 24745 0 310464 0 0 0 SCOTT GEAREY LINE CREW FOREMAN 214599 0 1893 0 698 0 31559 0 33969 0 282718 0 0 0 JOHN STUEVEN RELIEF LINE CREW FOREMAN 210717 0 1895 0 349 0 30281 0 14086 0 257328 0 0 0 MARTHA WEST VP COMMUNICATIONS (UNTIL AUG) 108284 16659 26347 4053 40560 6240 26851 4131 21931 1289 223973 32372 0 0 DANIEL MORRIS RELIEF LINE CREW FOREMAN 195058 0 1683 0 177 0 25948 0 32932 0 255798 0 0 0 KEITH BURANDT LINE CREW FOREMAN 193246 0 1676 0 5098 0 29344 0 25812 0 255176 0 0 0 MICHAEL KRONQUIST LINE CREW FOREMAN 198150 0 1683 0 577 0 24500 0 0 0 224910 0 0 0 PART I, LINES 4A-B THE COOPERATIVE SPONSORS TWO UNFUNDED NONQUALIFIED DEFERRED COMPENSATION PLANS. UNDER THE FIRST PLAN, ONLY EMPLOYEES WHO MEET CERTAIN ELIGIBILITY REQUIREMENTS ARE ALLOWED TO PARTICIPATE. UNDER THIS PLAN, AN ANNUAL DISCRETIONARY CONTRIBUTION IS APPROVED BY THE BOARD OF DIRECTORS WITH INDIVIDUAL DISTRIBUTION AMOUNTS DETERMINED BY THE CEO. PARTICIPATING EMPLOYEES WILL BE FULLY VESTED IN THE AWARDED AMOUNTS ONLY UPON MEETING ALL VESTING REQUIREMENTS AS DEFINED IN THE PLAN AGREEMENT. SCHEDULE J, PART II COLUMN (C) INCLUDES CONTRIBUTIONS AND EARNINGS ON THE 457(F) PLAN AS FOLLOWS: TIMOTHY SULLIVAN $52,252 SUSAN SONRENSEN $35,455 ROBERT SANDBERG $31,738 JENNIFER SEVERSON $26,722 LEE NORDBY $25,829 CURTIS CORDT $26,200 MARTHA WEST $23,229 UNDER THE SECOND PLAN, A FIXED AWARD HAS BEEN APPROVED BY THE BOARD OF DIRECTORS. ADDITIONAL AWARDS WILL BE MADE ANNUALLY TO THIS PLAN BASED ON AN EARNING FORMULA AND INDEX AS DEFINED IN THE PLAN AGREEMENT. VESTING REQUIREMENTS, AS DEFINED IN THE PLAN AGREEMENT, MUST BE MET BEFORE A PARTICIPANT IS ELIGIBLE TO RECEIVE ANY COMPENSATION UNDER THIS PLAN. SCHEDULE J, PART II COLUMN (B)(II) INCLUDES CONTRIBUTIONS AND EARNINGS ON THE 457(F) PLAN AS FOLLOWS: TIMOTHY SULLIVAN $42,633 ROBERT SANDBERG $18,741 MARTHA WEST RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $45,775. SCHEDULE J, PART II: COLUMN B(I): BASE COMPENSATION IS EQUAL TO MEDICARE WAGES EXCLUDING THE FOLLOWING COMPENSATION COMPONENTS, IF APPLICABLE: - BONUS - PTO CASH OUT - HEALTH INSURANCE EQUALIZER (CASH IN LIEU/WAIVER PAYOUT) - EMPLOYER PROVIDED AUTOMOBILE TAXABLE BENEFIT AMOUNT *MEDICARE WAGES (W2 BOX 5) - MEDICARE WAGES DEFINED AS GROSS WAGES LESS: - EMPLOYEE HSA CONTRIBUTION - ALL EMPLOYEE PAID MEDICAL PREMIUMS (HEALTH, DENTAL, VISION) SCHEDULE J, PART II, COLUMN B(II): BONUS & INCENTIVE COMPENSATION - BONUS PAID OUT IN THE 990 CALENDAR YEAR, FOR WH, BONUS PAID IN THE CURRENT YEAR IS FOR THE PREVIOUS YEAR PERFORMANCE - 457(F) CONTRIBUTIONS AND EARNINGS FOR PARTICIPANTS IN THE SECOND PLAN AS NOTED ABOVE SCHEDULE J, PART II, COLUMN B(III): OTHER REPORTABLE COMPENSATION - PTO CASH OUT - HEALTH INSURANCE EQUALIZER (CASH IN LIEU/WAIVER PAYOUT) - EMPLOYER PROVIDED AUTOMOBILE-TAXABLE BENEFIT AMOUNT SCHEDULE J, PART II, COLUMN C: RETIREMENT AND OTHER DEFERRED COMPENSATION - EMPLOYER 401K CONTRIBUTION - DISCRETIONARY CONTRIBUTIONS TO DEFINED CONTRIBUTION PLAN - DEFERRED COMPENSATION ALLOCATION (NOT SUBSTANTIALLY VESTED) - EMPLOYER CONTRIBUTIONS TO 457(B) PLAN - EMPLOYER DISCRETIONARY ALLOCATIONS TO 457(F) PARTICIPANTS IN THE FIRST PLAN AS NOTED ABOVE SCHEDULE J, PART II, COLUMN D: NONTAXABLE BENEFITS - INSURANCE PREMIUMS PAID BY THE EMPLOYER THAT ARE NONTAXABLE - HEALTH, VISION, DENTAL, LIFE, LONG-TERM DISABILITY AND LONG-TERM CARE - CAFETERIA PLANS (NON-TAXABLE) - ALL EMPLOYEE PAID PRETAX INSURANCE PREMIUMS (HEALTH, DENTAL, VISION) FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE WAS FORMED BY, AND IS MADE UP OF MEMBERS TO PROVIDE ELECTRIC SERVICE AT COST. FORM 990, PART VI, SECTION A, LINE 7A WRIGHT-HENNEPIN'S ELECTRIC SERVICE TERRITORY IS DIVIDED INTO NINE DISTRICTS, EACH OF WHICH IS REPRESENTED BY A BOARD MEMBER. THE MEMBERS FROM EACH DISTRICT ELECT THEIR OWN DIRECTOR TO SERVE ON WRIGHT-HENNEPIN'S BOARD FOR A THREE-YEAR TERM. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS VOTE ON RESTATED BYLAWS, RESTATED ARTICLES OF INCORPORATION AND DISTRICT DIRECTOR ELECTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS BOARD MEMBERS AND STAFF. BOARD MEMBERS WHO ARE DEEMED TO HAVE A POTENTIAL CONFLICT OF INTEREST ARE REQUIRED TO ABSTAIN FROM VOTING ON THE TOPIC. A CONFLICT MAY RESULT IN REMOVAL FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 WH ENGAGES AN INDEPENDENT OUTSIDE VENDOR FOR A COMPENSATION MARKET STUDY WHICH CREATES A BENCHMARK FOR ALL NON-UNION POSITIONS IN THE ORGANIZATION. ANNUAL PERFORMANCE REVIEWS ARE CONDUCTED ALONG WITH WAGE AND SALARY ADJUSTMENTS. ADJUSTMENTS ARE TIED TO PERFORMANCE MEASURED BY A STRATEGY MAP AND WORKPLAN MADE ACCESSIBLE TO ALL EMPLOYEES. PAY SCALES MAY BE ADJUSTED BASED ON MARKET CONDITIONS. ALL UNION EMPLOYEES FOLLOW INCREASES AS DETERMINED BY THEIR UNION CONTRACT. CEO COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. CFO AND KEY EMPLOYEE COMPENSATION IS DETERMINED BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL INFORMATION IS AVAILABLE ON THE WEBSITE. FORM 990, PART VII, SECTION A: THE COOPERATIVE PROVIDES EACH DIRECTOR A QUESTIONNAIRE TO FILL OUT REGARDING THE AVERAGE NUMBER OF HOURS SPENT PER WEEK ON DUTIES RELATED TO THE COOPERATIVE. COMPLETED QUESTIONNAIRES ARE USED TO ANSWER QUESTIONS ON THE 990. DIRECTOR COMPENSATION FOLLOWS WH POLICY CORP-120. FORM 990, PART IX, LINE 4, BENEFITS PAID TO OR FOR MEMBERS: AS REQUIRED BY FORM 990 INSTRUCTIONS, FORM 990, PART IX, LINE 4 (BENEFITS PAID TO OR FOR MEMBERS) INCLUDES PATRONAGE DIVIDENDS PAID. THIS AMOUNT IS AN EXPENSE FOR PURPOSES OF FORM 990, BUT IS NOT RECOGNIZED AS AN EXPENSE UNDER GAAP REPORTING REQUIREMENTS, WHICH ARE USED FOR BOOK INCOME. THE RESULT IS A BOOK TO TAX DIFFERENCE WHICH IS DISCLOSED ON PART XI. IN REFERENCE TO PART IX, LINE 4, THE COOPERATIVE HAS INTERPRETED "PATRONAGE DIVIDENDS PAID" AS CAPITAL CREDITS ALLOCATED TO MEMBERS UNDER THE PREEXISTING OBLIGATIONS PURSUANT TO THE BYLAWS OF THE COOPERATIVE. FORM 990, PART IX, LINE 24A: THE COOPERATIVE PURCHASES POWER FOR RESALE FROM MULTIPLE SUPPLIERS. THIS PRACTICE HELPS WH KEEP COSTS COMPETITVE FOR THE MEMBERS. FORM 990, PART XI, LINE 9: PATRONAGE CAPITAL RETIRED -3,165,759. ALLOCATION OF 2025 MARGINS TO MEMBERS IN 2026 12,723,182. SCHOLARSHIPS PAID FROM ESCHEATMENT 6,000. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES TO THE COOPERATIVE'S OVERSIGHT RESPONSIBILITIES THIS YEAR. WH GENERATION LLC 6800 ELECTRIC DRIVE ROCKFORD MN 55373 200233791 BACK UP POWER SOLUTIONS MN WRIGHT HENNEPIN HOLDING COMPANY WH SERVICES LLC 6800 ELECTRIC DRIVE ROCKFORD MN 55373 203548423 ELECTRICAL, PLUMBING, HEATING AND COLLING INSTALLATION AND REPAIRS MN WRIGHT HENNEPIN HOLDING COMPANY WH SECURITY LLC 6800 ELECTRIC DRIVE ROCKFORD MN 55373 202895403 INSTALLS, SERVICES AND MONITORS HOME AND COMMERCIAL SECURITY SYSTEMS MN WRIGHT HENNEPIN HOLDING COMPANY WH INTERNATIONAL RESPONSE CENTER LLC 6800 ELECTRIC DRIVE ROCKFORD MN 55373 262895161 SECURITY SYSTEM ALARM MONITORING FACILITY MN WRIGHT HENNEPIN HOLDING COMPANY WH HOLDING INVESTMENTS LLC 6800 ELECTRIC DRIVE ROCKFORD MN 55373 274414837 INVESTMENT HOLDING COMPANY MN WRIGHT HENNEPIN HOLDING COMPANY WH SOLAR LLC 6800 ELECTRIC DRIVE ROCKFORD MN 55373 611740967 PRODUCES SOLAR POWER; DESIGNS, CONSTRUCTS, AND OPERATES SOLAR ARRAYS MN WRIGHT HENNEPIN HOLDING COMPANY WRIGHT-HENNEPIN ELECTRIC TRUST 6800 ELECTRIC DRIVE ROCKFORD MN 55373 411801974 PROVIDES A FUNDING SOURCE FOR OTHER NON-PROFIT ORGANIZATIONS MN 501(C)(3) LINE 7 WRIGHT-HENNEPIN COOPERATIVE ELECTRIC ASSOCIATION 1 HEARTLAND SERVICES LLC 6800 ELECTRIC DRIVE ROCKFORD MN 553730330 411913777 ENGINEERING MN WRIGHT-HENNEPIN HOLDING COMPANY UNRELATED 0 1 0.07690 WRIGHT-HENNEPIN HOLDING COMPANY 6800 ELECTRIC DRIVE ROCKFORD MN 55373 203548124 SEE SCHEDULE R, PART VII FOR DESCRIPTION OF PRIMARY ACTIVITY. MN WRIGHT-HENNEPIN COOPERATIVE ELECTRIC ASSOCIATION C 8767112 23492792 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 WRIGHT-HENNEPIN HOLDING COMPANY N 76915 CASH WRIGHT-HENNEPIN HOLDING COMPANY O 349218 CASH WRIGHT-HENNEPIN ELECTRIC TRUST R 255504 CASH WRIGHT-HENNEPIN HOLDING COMPANY P 290822 CASH WRIGHT-HENNEPIN HOLDING COMPANY Q 437792 CASH FORM 990, SCHEDULE R, PART IV: WH HOLDING EXISTS AS AN INDEPENDENT BUSINESS STRUCTURE THAT OFFERS INNOVATIVE AND COMPETITIVE PRODUCTS AND SERVICES; IT WAS CREATED TO MANAGE RISK, OPTIMIZE RESOURCES, INCREASE STRATEGIC ENERGY SALES, DELIVER COMPLEMENTARY BENEFITS AND GENERATE PROFITS TO OFFSET THE RETAIL PRICE OF ELECTRICITY FOR WH MEMBERS. FORM 990, SCHEDULE R, PART I, COLUMNS D & E: THE DISREGARDED ENTITIES LISTED IN PART I ARE WHOLLY OWNED SUBSIDIARIES OF WRIGHT-HENNEPIN HOLDING COMPANY (WH HOLDING), WHICH IS A WHOLLY OWNED SUBSIDIARY OF WRIGHT-HENNEPIN COOPERATIVE ASSOCIATION. COLUMNS D AND E WERE LEFT BLANK TO AVOID DUPLICATIVE REPORTING AS THE REVENUE AND ASSETS ARE PART OF WH HOLDING'S NUMBERS IN PART IV.