2024-05-07T16:58:12-04:00 2023-12-31 990 2023-01-01 840271515 MORGAN COUNTY RURAL ELECTRIC ASSOCIATION % David P Frick MORG 9708675688 PO BOX 738 FORT MORGAN CO 807010738 David P Frick General Manager 2024-05-07 2023 2023-04-26 12:10:37Z David P Frick PO BOX 738 FORT MORGAN CO 807010738 45499661 false X www.mcrea.org X 1937 CO Morgan County Rural Electric Association is a cooperative that provides distribution and sales of electric energy on a retail basis to the rural areas of six counties in Colorado. 9 9 39 0 0 0 0 0 44472240 44633664 330706 704113 -10118 68670 44792828 45406447 0 0 4448554 5630618 4422268 4631386 0 0 0 35922006 35144443 44792828 45406447 0 0 110605529 110805368 60756879 59712557 49848650 51092811 Morgan County Rural Electric Association is a cooperative that provides distribution and sales of electric energy on a retail basis to the rural areas of six counties in Colorado. false false 45406447 0 44633664 Provided electrical power to 9561 meters. Delivered and sold 380,665,552 kWh to our member owners. 0 0 0 0 0 0 0 0 0 45406447 false false false false false false false false false true false true false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 54 0 true 39 true false false false false false 43600559 1805888 false false false X 9 9 false false false false true true true true true false false false true true true true true true true false X Morgan County REA David Frick 9708675688 734 Barlow Road FORT MORGAN CO 80701 David E Arndt Director 6.00 0.00 X 34651 0 0 Randolph D Graff Director 3.00 0.00 X 25424 0 0 Larry Hoozee Director 4.00 0.00 X 31251 0 0 Terry Tormohlen Director 5.00 0.00 X X 34033 0 0 Terry Linker Director 5.00 0.00 X X 18232 0 0 Timothy A Peggram Director 5.00 0.00 X 34651 0 0 David Frick General Manager 45.00 0.00 X 226803 0 93890 Steve Sundet Manager of Engineering 45.00 0.00 X 154471 0 69522 Robb Shaver Manager of Office Services 45.00 0.00 X 143485 0 67047 Rodney Rhoades Lineman 40.00 0.00 X 142640 0 58079 Alan Mason Manager of Operations 45.00 0.00 X 133366 0 60862 Robert Baranowski Manager of Member Services 45.00 0.00 X 114290 0 57896 Cary Wickstrom Director 5.00 0.00 X X 31151 0 0 J Brian Pabst Director 5.00 0.00 X X 31151 0 0 Jim Bostron Director 2.00 0.00 X 18632 0 0 Kyle Eiring Director 2.00 0.00 X 2600 0 0 Brad Boppre Lineman 40.00 0.00 X 113928 0 39900 1290759 0 447196 7 false true false United Tree Service 28171 MCR Q Brush CO 80723 Tree Trimming 176085 Altitude Energy PO Box 359 Keenesburg CO 80643 Power Line Construction 1053671 Mountainside Power LLC PO Box638 Afton WY 83110 Power Line Construction 557687 Bighorn Utilities Group LLC 18383 County Road T 5 Fort Morgan CO 80701 Power Line Construction 245784 Barr Engineering 4300 Marketpointe Drive Suite200 Minneapolis MN 55435 Power Line Engineering 157630 5 0 0 0 0 0 0 0 0 Utilities 221000 43796054 43796054 0 0 Utilities 221000 172003 172003 0 0 Utilities 221000 665607 665607 0 0 0 0 0 0 0 0 0 0 0 0 0 0 44633664 698990 0 0 698990 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5123 0 0 0 5123 5123 5123 0 0 0 0 0 0 0 0 0 0 0 0 0 0 161884 93214 68670 68670 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 45406447 44707457 0 698990 0 0 0 0 0 0 5630618 5630618 793019 793019 0 0 0 0 0 0 3362217 3362217 0 0 183270 183270 0 0 0 0 0 0 292880 292880 0 0 0 0 0 0 16566 16566 0 0 14900 14900 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17645 17645 0 0 6438 6438 0 0 41537 41537 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 59589 59589 0 0 1544215 1544215 0 0 0 0 0 0 2114045 2114045 0 0 0 0 0 0 Purchased Power 29049309 29049309 0 0 Distribution Expense 794700 794700 0 0 Administrative and General Expense 378942 378942 0 0 Consumer Sales and Service Expense 1017087 1017087 0 0 89470 89470 0 0 45406447 45406447 0 0 0 0 0 0 4672176 2603308 12987172 9815277 0 0 3111352 3496673 0 0 0 0 0 0 2784406 4350457 827264 753047 83056031 15437061 64268687 67618970 0 0 0 0 21747204 21964539 0 0 207268 203097 110605529 110805368 3328816 2581023 0 0 0 0 0 0 0 0 0 0 51882043 49482674 0 0 5546020 7648860 60756879 59712557 X 0 0 5932295 6045838 43916355 45046973 49848650 51092811 110605529 110805368 X 0 0 0 0 0 1244161 X false true X true false 76870 76870 7245287 802101 6443186 0 0 0 4861294 3547453 1313841 70872580 11087507 59785073 67618970 Investments in Associated Organizations 21964539 C 21964539 Accumulated Provision for Pension and Benefits 2329153 Customer Deposits 48000 Accrued Taxes 1139129 Accrued Interest 55660 Accrued PTO 413858 Cafeteria Plan 3038 Accrued Payroll 167552 Deferred Credits 3492470 7648860 45406447 0 45406447 0 45406447 39686358 0 39686358 5720089 5720089 45406447 Part XII, line 4b Benefits Paid to members $5,630,618; Other Deductions $89,471 X X X false false false David Frick General Manager 226803 0 0 0 0 0 71004 0 22886 0 320693 0 0 0 Robb Shaver Manager of Office Services 143485 0 0 0 0 0 44160 0 22886 0 210531 0 0 0 Steve Sundet Manager of Engineering 154471 0 0 0 0 0 46636 0 22886 0 223993 0 0 0 Rodney Rhoades Lineman 142640 0 0 0 0 0 36571 0 21508 0 200719 0 0 0 Alan Mason Manager of Operations 133366 0 0 0 0 0 37975 0 22886 0 194227 0 0 0 Robert Baranowski Manager of Member Services 114290 0 0 0 0 0 35009 0 22886 0 172185 0 0 0 Brad Boppre Lineman 123359 0 0 0 0 0 38359 0 10083 0 171801 0 0 0 Part VI, Line 6 The organization has members. Each member has one vote. The Board of directors are elected by a vote of the entire membership. A meeting of the members is held once a year when the election takes place. Mail in ballots are also available. Any changes to the By-laws of the Cooperative is also voted on by the members at this meeting. Minutes of the meeting are taken and are made available to the membership. The minutes of the monthly Board meetings are reviewed by the auditor. Part VI, Line 7a | Class of the Person: Nature of their rights:| Member One member one vote| Part VI, Line 7b | Class of the Person: Decisions that require their approval: Nature of their rights:| Member Director elections and by-law changes. One member one vote| Part VI, Line 11a The Form 990 will be reviewed by the General Manager prior to filing. The remaining governing body will review at the next scheduled board meeting. Part VI, Line 11b This Form 990 is reviewed by the General Manager of the organization before the form is filed. Part VI, Line 12c The policy is reviewed at a regularly scheduled meeting of the Board of Directors governing body. The General Manager regularly and consistently monitors and enforces compliance with the policy. Part VI, Line 15 CEO - David P Frick The General Manager's compensation is determined by the Board of Directors using individual reviews and comparisons within the industry. Key Employees The General Manager determines the compensation for the key employees using a formal written and oral review system. The review also includes a planning session for the future. Part VI, Line 19 New members of the Cooperative receive an information booklet that includes the Articles of Incorporation and By-laws. This information is also on our web site: www.mcrea.org. Board Policy No. 2-5 Member Consumer Requests for Cooperative Information establishes the rules and procedures to be followed in response to request from member consumers for Cooperative information. An annual report including financial statements is mailed to the membership and is also available on the web site. Part XI, Line 9 | Description:, Explanation:, Amount:| Retirement of Capital Credits, Retirement of Capital Credits, $-4500000| FASB 106 OBLIGATION, FASB 106 OBLIGATION, $-85996| Reacquired Capital Stock Other, Reacquired Capital Stock Other, $199539| Operating Margins, Operating Margins, $4200243| Non-Operating Margins, Non-Operating Margins, $1430375|