2024-05-01T18:03:03-05:00 2023-12-31 810446334 DOUGLAS WILSON & COMPANY PC 1000 FIRST AVENUE SOUTH GREAT FALLS MT 59401 990 2023-01-01 810199536 SUN RIVER ELECTRIC COOPERATIVE INC SUNR 4064672526 PO BOX 309 FAIRFIELD MT 594360309 BRAD BAUMAN GENERAL MANAGER 4064672526 2024-04-29 1 BRAD BAUMAN 999009999 0 MELISSA H SOLDANO P01259603 4067614645 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z BRAD BAUMAN PO BOX 309 FAIRFIELD MT 59436 13531337 0 X WWW.SUNRIVERELECTRIC.COOP X 1937 MT ELECTRIC SERVICE TO OWNER-MEMBERS 7 7 25 0 0 0 0 0 12599953 12622189 67867 130712 779613 778436 13447433 13531337 0 0 1221115 1983181 868117 875810 0 0 0 11358201 10672346 13447433 13531337 0 0 39224355 41114385 17035627 17877646 22188728 23236739 THE MISSION OF SUN RIVER ELECTRIC COOPERATIVE, INC. IS TO MAINTAIN A FINANCIALLY SOUND COOPERATIVE WITH SYSTEMATIC MAINTENANCE AND RATE STABILITY WHILE PROMOTING GROWTH, BOARD AND EMPLOYEE EDUCATION AND MAINTAINING GOOD CONSUMER RELATIONS. 0 0 12165814 13400625 RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL UTILITIES TO ITS MEMBERS LOCATED IN THE WEST-CENTRAL PORTION OF MONTANA. 12165814 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 21 0 1 25 1 0 0 0 0 0 12622189 909148 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 0 1 1 1 1 1 0 X BRAD BAUMAN 4064672526 310 FIRST AVENUE SOUTH FAIRFIELD MT 59436 JOHN BURGMAIER TRUSTEE 6.00 X 21225 0 0 ROBERT PASHA PRESIDENT 5.00 X X 18450 0 0 MITCHELL JOHNSON VICE-PRESIDENT 4.00 X X 24905 0 0 LEONARD SIVUMAKI TRUSTEE 2.00 X 16089 0 0 RUSSELL BLOOM TRUSTEE 6.00 X 34500 0 0 BRYCE JOHNS TRUSTEE 4.00 X 31490 0 0 CHRIS MUSIC SECRETARY/TREASURER 4.00 X X 30975 0 0 BRAD BAUMAN CEO 56.00 X 191014 0 81413 ROBERT ANDERSON MANAGER OF OPERATIONS 56.00 X 141522 0 68717 MIKE FAITH METERMAN 42.00 X 112989 0 70138 TREY CAFFYN LINE FOREMAN 42.00 X 110107 0 60755 ROBBIE DOCKTER LINE FOREMAN 42.00 X 109517 0 68843 MICHELLE BATSON MANAGER OF FINANCE/ADMIN 42.00 X 109433 0 69612 952216 0 419478 6 0 1 0 0 SALE OF ELECTRICITY AND SERVICES 221000 12622189 12622189 12622189 130712 130712 G & T AND OTHER CAPITAL CREDITS 221000 752030 752030 OTHER NONOPERATING INCOME 221000 26406 26406 778436 13531337 13400625 0 130712 1983181 1983181 450061 450061 370647 370647 55102 55102 3483 3483 10900 10900 1019 1019 180409 180409 513480 513480 1568613 1568613 COST OF POWER 4794721 4794721 DISTRIBUTION - OPERATIO 1529192 1529192 DISTRIBUTION - MAINTENA 628589 628589 TAXES 456218 456218 985722 691820 293902 13531337 12165814 1365523 0 842026 897022 2754839 1082447 1527234 1494583 998546 1028089 295566 250741 57883188 26437258 28211519 31445930 4594625 4915573 39224355 41114385 1816351 2111637 14714370 15420384 504906 345625 17035627 17877646 X 10 10 2378580 2533081 19810138 20703648 22188728 23236739 39224355 41114385 X 0 1048011 X 0 1 X 1 0 102860 102860 1186740 835440 351300 56593588 25601818 30991770 31445930 INVESTMENTS IN ASSOC. ORGANIZATIONS 4446327 CAPITAL TERM CERTIFICATES 446304 INTEREST RECEIVABLE 4589 RESTRICTED INVESTMENT 18353 4915573 CONSUMER DEPOSITS 83685 CONSUMER ENERGY PREPAYMENTS 219390 DEFERRED CREDIT 24267 EMPLOYEE INSURANCE RESERVE 18283 345625 13531337 0 13531337 0 13531337 11548156 0 11548156 1983181 1983181 13531337 PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATION OF NET MARGINS 1,983,181. X X X 0 0 0 BRAD BAUMAN CEO 191014 0 0 0 0 0 58280 0 23133 0 272427 0 0 0 ROBERT ANDERSON MANAGER OF OPERATIONS 141522 0 0 0 0 0 41261 0 27456 0 210239 0 0 0 MIKE FAITH METERMAN 112989 0 0 0 0 0 32377 0 37761 0 183127 0 0 0 TREY CAFFYN LINE FOREMAN 110107 0 0 0 0 0 31032 0 29723 0 170862 0 0 0 ROBBIE DOCKTER LINE FOREMAN 109517 0 0 0 0 0 31032 0 37811 0 178360 0 0 0 MICHELLE BATSON MANAGER OF FINANCE/ADMIN 109433 0 0 0 0 0 31770 0 37842 0 179045 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 SUN 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 IF A MEMBER WISHES TO RUN FOR A SEAT ON THE BOARD, THEY MUST SUBMIT A PETITION WITH AT LEAST TEN SIGNATURES FROM MEMBERS IN THAT DISTRICT AND MUST SUBMIT THE PETITION AT LEAST THIRTY DAYS PRIOR TO THE ANNUAL MEETING TO BE PLACED ON THE BALLOT. A VOTE OF THE ENTIRE MEMBERSHIP PRESENT AT THE ANNUAL MEETING IS THEN CONDUCTED. 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 EMAILED TO THE BOARD FOR THEIR REVIEW AND QUESTIONS. AFTER THE BOARD REVIEWED, ALL BOARD MEMBERS WERE POLLED FOR THEIR APPROVAL OF THE FORM 990. THE MOTION TO APPROVE WAS PASSED WITHOUT OBJECTION. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICIES ARE REVIEWED ANNUALLY BY ALL MEMBERS OF THE BOARD. MANAGEMENT MONITORS THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF GENERAL MANAGER IS DETERMINED BY A COMMITTEE OF THE BOARD OF DIRECTORS AND APPROVED BY THE FULL BOARD. COMPARABLE DATA FROM OTHER COOPERATIVES AND PERFORMANCE REVIEWS ARE EVALUATED AS WELL. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS MAY BE REQUESTED FROM THE COOPERATIVE OFFICE DURING NORMAL BUSINESS HOURS. FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -1,089,671. CHANGE IN OTHER EQUITIES 154,501. ALLOCATION OF NET MARGINS TO MEMBERS 1,983,181.