2024-02-12T19:02:58-06:00 2023-09-30 810446334 DOUGLAS WILSON & COMPANY PC 1000 FIRST AVENUE SOUTH GREAT FALLS MT 59401 990 2022-10-01 816012595 SHELBY GAS ASSOCIATION SHEL 4064345575 PO BOX 729 SHELBY MT 59474 SHANE CLARK GENERAL MANAGER 4064345575 2024-02-08 1 SHANE CLARK 999009999 0 MELISSA H SOLDANO P01259603 4067614645 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SHANE CLARK PO BOX 729 SHELBY MT 59474 1986713 0 X WWW.MARIASRIVEREC.COM/SHELBYGAS/INDEX.HTML X 1950 MT PROVIDING NATURAL GAS TO MEMBERS IN THE SHELBY, MONTANA AREA. 6 6 0 0 0 0 0 0 1875276 1981631 23798 2000 2884 3082 1901958 1986713 0 0 175526 116861 35772 38425 0 0 0 1690660 1831427 1901958 1986713 0 0 2593298 2563967 435196 446971 2158102 2116996 PROVIDING NATURAL GAS TO MEMBERS IN THE SHELBY, MONTANA AREA 0 0 1716613 1984713 A MEMBER OWNED COOPERATIVE THAT PROVIDES NATURAL GAS TO MEMBERS OF SHELBY, SUNBURST, KEVIN, AND SWEETGRASS, MONTANA. 1716613 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 0 0 0 0 0 0 1984713 2000 0 0 0 X 6 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 4064345575 910 W ROOSEVELT HWY SHELBY MT 59474 X GARY MCDERMOTT PRESIDENT 1.00 X X 400 0 0 BRICE KLUTH VICE PRESIDENT 1.00 X X 400 0 0 JIM ASPER SECRETARY/TREASURER 1.00 X X 400 0 0 LORETTE CARTER DIRECTOR 1.00 X 300 0 0 SCOTT HOVLAND DIRECTOR 1.00 X 400 0 0 JESSICA BUCK DIRECTOR (BEGAN MARCH 2023) 1.00 X 0 0 0 KRIS INGENTHRON GENERAL MANAGER (THROUGH JUNE) 8.00 X 0 0 29794 SHANE CLARK GENERAL MANAGER (STARTING JULY) 8.00 X 0 0 4331 1900 0 34125 0 0 0 0 0 NATURAL GAS SERVICE 221000 1981631 1981631 1981631 2000 2000 LATE CHARGES & MISC. 900099 3082 3082 3082 1986713 1984713 0 2000 116861 116861 38425 38425 6950 6950 8809 8809 10056 10056 5557 5557 5698 5698 78398 78398 38048 38048 GAS PURCHASES 986271 986271 CONTRACT LABOR 392808 316424 76384 MAINTENANCE 174645 135707 38938 CONSUMER RECORDS 77254 77254 46933 46933 1986713 1716613 270100 0 49121 32175 292117 251215 45106 10523 41061 57299 23942 29037 3662448 1486036 2134707 2176412 7244 7306 2593298 2563967 219001 255158 89188 112846 127007 78967 435196 446971 X 4760 4822 138499 142463 2014843 1969711 2158102 2116996 2593298 2563967 X 0 -41106 X 0 1 X 1 0 3662448 1486036 2176412 2176412 DEPOSITS AND PREPAYMENTS 78967 78967 1986713 0 1986713 0 1986713 1869852 0 1869852 116861 116861 1986713 PART XII, LINE 4B - OTHER ADJUSTMENTS: NET MARGINS 116,861. FORM 990, PART VI, SECTION A, LINE 6 A MEMBER OWNED COOPERATIVE THAT PROVIDES NATURAL GAS TO MEMBERS OF SHELBY, SUNBURST, KEVIN, AND SWEETGRASS, MONTANA. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT BOARD OF DIRECTORS AT THE ANNUAL MEETING. THE TERM FOR EACH MEMBER OF THE BOARD OF DIRECTORS IS TWO YEARS. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO ORGANIZATIONAL BY-LAWS REQUIRES MEMBER APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CONTROLLER AND GENERAL MANAGER AND THEN SENT OUT TO THE BOARD PRIOR TO FILING. THE BOARD IS ASKED TO RECOMMEND ANY ADJUSTMENTS IF THEY FIND IT NECESSARY. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD INTERPRETS AND ENFORCES THIS POLICY. COOPERATIVE'S LEGAL COUNSEL MUST ANNUALLY REVIEW THIS POLICY WITH ALL OFFICALS. THE MINUTES OF ALL BOARD MEETINGS SHOULD RECORD ALL DISCLOSURES, VOTES, AUTHORIZATIONS, AND OTHER ACTIONS TAKEN UNDER THIS POLICY. EACH OFFICAL MUST ANNUALLY COMPLETE AND SIGN THE CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORM, AND DELIVER THE COMPLETED SIGNED FORM TO THE BOARD PRESIDENT OR THE COOPERATIVE'S MANAGER. UPON RECEIVING OR DISCOVERING ANY INFORMATION OR FACT THAT COULD IMPACT ANY OTHER OFFICAL'S COMPLIANCE WITH THIS POLICY, THE BOARD MUST ACT AS APPROPRIATE OR AUTHORIZE THE MANAGER TO ACT AS APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR VIEWING AT THE ORGANIZATION'S OFFICE UPON REQUEST. FROM 990, PART VII - COMPENSATION EXPLANATION SHELBY GAS ASSOCIATION AND MARIAS RIVER ELECTRIC COOPERATIVE, INC. SHARE OFFICE SPACE, SHOP SPACE AND STAFF. HOWEVER, THE TWO ORGANIZATIONS ARE NOT CONSIDERED RELATED PARTIES FOR THE PURPOSE OF FORM 990 AS THEY HAVE SEPARATE BOARDS OF TRUSTEES AND ARE NOT RELATED IN ANY OTHER MANNER. MARIAS RIVER ELECTRIC COOPERATIVE, INC. FILES ALL PAYROLL REPORTS, INCLUDING W-2S, FOR ALL EMPLOYEES, REGARDLESS OF WHETHER EMPLOYEES WORK FOR BOTH ORGANIZATIONS, WORK SOLELY FOR MARIAS RIVER ELECTRIC COOPERATIVE, INC., OR WORK SOLELY FOR SHELBY GAS ASSOCIATION. SHELBY GAS ASSOCIATION IN TURN REIMBURSES MARIAS RIVER ELECTRIC COOPERATIVE, INC. FOR THE SHARED EMPLOYEE EXPENSES. THE REPORTED AMOUNT FOR THE GENERAL MANAGER IS THE 20% REIMBURSEMENT FROM SHELBY GAS ASSOCIATION TO MARIAS RIVER ELECTRIC COOPERATIVE, INC. THERE WAS NO W-2 ISSUED FROM SHELBY GAS ASSOCIATION TO ANY EMPLOYEES. EMPLOYEE PAYROLL EXPENSE REIMBURSEMENTS FROM SHELBY GAS ASSOCIATION TO MARIAS RIVER ELECTRIC COOPERATIVE, INC. ARE REPORTED AS CONTRACT LABOR EXPENSE (PER THE MARIAS RIVER ELECTRIC COOPERATIVE,INC.AND SHELBY GAS ASSOCIATION MUTUAL AGREEMENT) RATHER THAN AS PAYROLL EXPENSE SO AS NOT TO CONFUSE THE READER WHEN SHELBY GAS ASSOCIATION REPORTS NO EMPLOYEES AND NO W-2S ISSUED. FORM 990, PART XI, LINE 9: CAPITAL CREDITS RETIRED -157,967. NET MARGINS 116,861.