2022-09-12T12:03:42-05:00 2021-12-31 450250958 EIDE BAILLY LLP 200 E 10TH ST STE 500 SIOUX FALLS SD 571046375 990 2021-01-01 742805422 HEARTLAND RURAL ELECTRIC COOPERATIVE HEAR 6207248251 PO BOX 40 GIRARD KS 66743 MARK SCHEIBE CEO 6207248251 2022-09-07 1 MARK SCHEIBE 999009999 LAURIE HANSON CPA P00851848 6053391999 2022-09-07 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z ERNIE TROTH PO BOX 40 GIRARD KS 66743 27294720 0 X N/A X 1996 KS PROVIDE RELIABLE AND AFFORDABLE ELECTRICITY TO OUR MEMBERS. 8 8 52 0 0 0 0 0 23432028 26683113 314681 60067 143698 509795 23890407 27252975 17044 75910 1262369 750615 1210461 1215342 0 0 0 21400533 24938974 23890407 26980841 0 272134 65811404 67454805 38092754 39259860 27718650 28194945 TO MEET OUR MEMBERS' NEEDS AND EXPECTATIONS FOR RELIABLE ELECTRICITY, SUPERIOR CUSTOMER SERVICE, AND INNOVATIVE ENERGY SOLUTIONS AT REASONABLE PRICES. 0 0 PROVIDED ELECTRICITY TO 8,426 MEMBERS ON A COOPERATIVE BASIS. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 135 0 1 52 1 0 0 0 0 0 0 0 28724903 151732 0 0 0 X 8 8 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 X MARK SCHEIBE 6207248251 110 N ENTERPRISE DR GIRARD KS 66743 X ERNIE TROTH PRESIDENT 2.10 0.50 X X 7320 200 0 DEAN DAVIED VICE PRESIDENT 1.50 0.50 X X 5420 200 0 LARRY LINDBERG SECRETARY/TREASURER 1.30 0.50 X X 8180 200 0 STEVE MCFARLAND DIRECTOR 1.50 0.50 X 11500 200 0 HH STOCKEBRAND DIRECTOR 1.70 0.50 X 8180 200 0 RONALD TAYLOR DIRECTOR 1.60 0.50 X 7700 200 0 DONALD DAVIED DIRECTOR 1.40 0.50 X 4660 200 0 SUE STAINBROOK DIRECTOR (SINCE 06/21) 1.50 0.50 X 5320 100 0 MARK SCHEIBE CEO 54.00 0.00 X 213636 0 79025 FAITH WARDEN DIRECTOR OF FINANCES 48.00 0.00 X 135550 0 24788 BERNARD O'BRIEN DIRECTOR (UNTIL 3/21) 1.00 0.00 X 1140 0 0 ANTHONY WASHINGTON ELEC SYSTEM 45.00 0.00 X 114265 0 88195 PAUL NORRIS DIRECTOR OF OPERATIONS 41.00 0.00 X 115574 0 39844 DAN AVERY OPERATIONS MANAGER 46.00 0.00 X 113627 0 60159 JUSTIN WEIMER COMMUNICATION SPECIALIST 40.00 0.00 X 102858 0 39380 854930 1500 331391 6 0 1 0 CDL ELECTRIC PO BOX 414985 KANSAS CITY MO 64141 POLE REPLACEMENT 473074 OSMOSE UTILITIES SERVICES INC PO BOX 117284 ATLANTA GA 30368 POLE CHECK & TREAT 385826 POOR BOY TREE SERVICE 273 E 4110TH RD FAIR PLAY MO 65649 TREE SERVICE 353508 JK FENCING 5319 CR 5800 CHERRYVALE KS 67335 TREE SERVICE 154724 PROGRESSIVE SOLUTIONS PO BOX 1130 MARSHALL AR 72650 TREE SERVICE 151740 5 ELECTRIC REVENUE 221000 26431517 26431517 PATRONAGE DIVIDENDS 221000 251596 251596 26683113 52566 52566 21192 0 21192 21192 21192 29156 21655 7501 7501 7501 19513 20090 -577 -577 INCOME FROM SUBSIDIARY 221000 272134 272134 NON OPERATING REVENUE 221000 25898 25898 191148 191148 489180 27252975 27192908 0 60067 X 75910 750615 443452 771890 1093116 2300261 COST OF POWER 15119374 DISTRIBUTION 2967843 GENERAL & ADMINISTRATIV 1308793 TAXES 798627 1350960 26980841 3390454 3073068 2000676 2139201 67538 96996 1123905 844721 78599682 30622082 46817918 47977600 12410913 13323219 65811404 67454805 2386975 2135353 17642 1319680 34122330 35284986 1565807 519841 38092754 39259860 X 41815 42190 5148379 4309427 22528456 23843328 27718650 28194945 65811404 67454805 X 272134 204161 X 0 1 X 1 0 188439 188439 2933152 1287874 1645278 73302657 29334208 43968449 2175434 2175434 47977600 INVESTMENT IN ASSOCIATED ORGANIZATIONS 9368039 C INVESTMENT IN SUBSIDIARY 3475180 C RURAL ECONOMIC DEVELOPMENT LOAN 480000 C 13323219 CONSUMER DEPOSITS 519841 519841 X 27252975 0 27252975 0 27252975 26230226 0 26230226 750615 750615 26980841 PART X, LINE 2: THE COOPERATIVE EVALUATES ITS TAX POSITIONS THAT HAVE BEEN TAKEN OR ARE EXPECTED TO BE TAKEN ON INCOME TAX RETURNS TO DETERMINE IF AN ACCRUAL IS NECESSARY FOR UNCERTAIN TAX POSITIONS. AS OF DECEMBER 31, 2021 AND 2020, THE UNRECOGNIZED TAX BENEFITS ACCRUAL WAS ZERO. THE COMPANY WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. PART XII, LINE 4B - OTHER ADJUSTMENTS: MARGINS ALLOCATED TO MEMBERS 750,615. 1 COMMUNITY FOUNDATION OF SE KS 100 S BROADWAY PITTSBURG KS 66762 481243847 501(C)(3) 45910 0 UTILITY PAYMENTS 1 0 FORM 990, SCHEDULE I, PART I, LINE 2 NO FORMAL MONITORING OF DISTRIBUTIONS WAS COMPLETED IN 2021. BEGINNING IN 2022, THE ORGANIZATION WILL REQUEST SEMIANNUAL SPENDING REPORTS. X X 0 0 0 MARK SCHEIBE CEO 209335 0 0 0 4301 0 62643 0 19192 0 295471 0 0 0 ANTHONY WASHINGTON ELEC SYSTEM 112726 0 0 0 1539 0 71813 0 18119 0 204197 0 0 0 DAN AVERY OPERATIONS MANAGER 112966 0 0 0 661 0 43777 0 18007 0 175411 0 0 0 FAITH WARDEN DIRECTOR OF FINANCES 134977 0 0 0 573 0 24788 0 1758 0 162096 0 0 0 PAUL NORRIS DIRECTOR OF OPERATIONS 112259 0 0 0 3315 0 23462 0 18054 0 157090 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBER OWNED FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION A, LINE 7B MEMBERS RATIFY CHANGES TO THE BYLAWS FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B SENIOR MANAGEMENT REVIEWS THE FORM 990 BEFORE IT IS FILED, AND A COPY IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS TWO CONFLICT OF INTEREST POLICIES: ONE DIRECTED AT BOARD MEMBERS AND ANOTHER DIRECTED AT EMPLOYEES. THE CEO REVIEWS POTENTIAL CONFLICTS OF INTEREST TO DETERMINE IF A CONFLICT EXISTS. IF A CONFLICT IS DEEMED TO EXIST, THE BOARD OF DIRECTORS REVIEWS THE CONFLICT TO DETERMINE THE NECESSARY ACTIONS. BOARD MEMBERS WITH A CONFLICT ARE RECUSED FROM DISCUSSION AND VOTING ON THE MATTER. DEPENDING ON THE CONFLICT, A BOARD MEMBER MAY BE REQUIRED TO EXIT THE BOARD AS A RESULT OF THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COOPERATIVE UTILIZES AN INDEPENDENT CONSULTANT, ANNUAL PERFORMANCE APPRAISAL, AND BOARD APPROVAL IN DETERMINING COMPENSATION FOR THE CEO. THE CONSULTANT COMPLETES AN ANNUAL COMPENSATION STUDY FOR THE DIRECTOR OF FINANCE'S COMPENSATION. THIS IS SHARED WITH THE BOARD OF DIRECTORS. THE CEO THEN DETERMINES THE COMPENSATION FOR THE DIRECTOR OF FINANCE. FORM 990, PART VI, SECTION C, LINE 18 BYLAWS ARE OFFERED TO ALL NEW MEMBERS; ALL OTHER DOCUMENTS ARE AVAILABLE AT ANY TIME UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART VII, COLUMN F INCLUDED IN OTHER COMPENSATION IS THE ESTIMATED CURRENT YEAR INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN. THE CURRENT YEAR INCREASE OR DECREASE DOES NOT REPRESENT CURRENT YEAR CONTRIBUTIONS TO THE PLAN. RATHER, IT IS AN ESTIMATE OF THE INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE PLAN AS CALCULATED BY THE PLAN ADMINISTRATOR. FORM 990, PART IX, LINE 4 THE COOPERATIVE HAS INTERPRETED THE INSTRUCTIONS TO PART IX, LINE 4, TO MEAN PATRONAGE CAPITAL ALLOCATED FOR THE YEAR, RATHER THAN PATRONAGE CAPITAL RETIRED. THIS IS CONSISTENT WITH THE BY-LAWS OF THE COOPERATIVE. FORM 990, PART IX THE COOPERATIVE'S ACCOUNTING RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS REQUIRED BY ITS REGULATORY AGENCY. THE UNIFORM SYSTEM OF ACCOUNTS DOES NOT RECORD EXPENSES IN THE EXPENSE CATEGORIES PROVIDED ON PART IX LINES 1-23. THEREFORE, OTHER EXPENSES LINE 24 INCLUDES EXPENSES THAT ARE DESCRIBED IN LINES 1-23, BUT REPORTED USING THE UNIFORM SYSTEM OF ACCOUNTS. FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -546,454. MARGINS ALLOCATED TO MEMBERS 750,615. HEARTLAND ENERGY INC PO BOX 40 GIRARD KS 66743 481207911 LPG DISTR KS HEARTLAND C -42399 3854315 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 HEARTLAND ENERGY INC O 158679 ACTUAL COST