2024-08-28T13:25:32-05:00 2023-12-31 930623286 ALDRICH CPAS AND ADVISORS LLP 680 HAWTHORNE AVE SE 140 SALEM OR 97301 990 2023-01-01 930300375 UMATILLA ELECTRIC COOPERATIVE UMAT 8004522273 750 W ELM AVE PO BOX 1148 HERMISTON OR 97838 ROBERT ECHENRODE GENERAL MANAGER & CEO 8004522273 2024-08-02 1 0 RYAN M JOHNSON CPA P01048788 5035857774 2024-08-02 2023 2024-08-08 14:25:15Z ROBERT ECHENRODE 750 W ELM AVE PO BOX 1148 HERMISTON OR 97838 603147056 0 X WWW.UMATILLAELECTRIC.COM X 1937 OR UMATILLA ELECTRIC COOPERATIVE IS A MEMBER-OWNED ELECTRIC UTILITY THAT SELLS ENERGY AND OTHER SERVICES TO IMPROVE THE QUALITY OF LIFE IN ITS SERVICE COMMUNITIES. 7 7 138 0 0 0 0 0 407629619 601505415 828796 789577 873945 805453 409332360 603100445 134153 150405 14899257 13226194 2145209 2517892 0 0 0 390660738 585480563 407839357 601375054 1493003 1725391 426008013 451407673 270783090 290978677 155224923 160428996 UMATILLA ELECTRIC COOPERATIVE IS A MEMBER-OWNED ELECTRIC UTILITY THAT SELLS ENERGY AND OTHER SERVICES TO IMPROVE THE QUALITY OF LIFE IN ITS SERVICE COMMUNITIES. 0 0 DISTRIBUTION OF POWER TO RURAL ELECTRIC UTILITY CUSTOMERS. 0 0 1 0 0 0 0 0 0 1 1 0 1 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 0 0 1 734 0 138 1 1 1 0 0 0 0 0 0 778136934 44677134 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 1 0 X ROBERT ECHENRODE 8004522273 750 W ELM AVE HERMISTON OR 97838 W BRYAN WOLFE PRESIDENT 12.00 X 27221 0 0 STEVE PLATT SECRETARY/TREASURER 12.00 X X 17869 0 0 JEFF WENHOLZ VICE PRESIDENT 12.00 X 11969 0 0 PHIL HAMM DIRECTOR 12.00 X 24262 0 0 LEE DOCKEN DIRECTOR 12.00 X 21679 0 0 JOHN OTIS DIRECTOR 12.00 X 22104 0 0 TOM PITZER DIRECTOR 12.00 X 21670 0 0 ROBERT ECHENRODE GM & CEO 50.21 X 750095 0 93060 JOSHUA LANKFORD VP ENGINEERING & OPS 51.21 X 382812 0 53759 LISA MCMEEN VP ADMINISTRATION 49.23 X 294325 0 44491 JOHN DONNER VP FINANCE & RATES 40.93 X 322266 0 60671 ROBERT CROMWELL VP, POWER SUPPLY 41.75 X 313656 0 55984 BRIAN BIERWIRTH SYSTEM OPERATOR 47.00 X 187931 0 49032 MIKEL BRITT LINE FOREMAN 56.38 X 206051 0 38657 DUSTIN GROGAN OPERATIONS SUPERINTENDENT 41.00 X 193023 0 46173 MALCOLM STANTON JOURNEYMAN LINEMAN 53.00 X 186955 0 36418 TONY PALZINSKI JOURNEYMAN LINEMAN 40.33 X 188868 0 36739 3172756 0 514984 61 0 1 0 TICE ELECTRIC COMPANY 5405 N LAGOON AVE PORTLAND OR 97217 CONSTRUCTION CONTRACTOR 83280636 TOTH & ASSOCIATES 1550 E REPUBLIC RD SPRINGFIELD MO 65804 ENGINEERING CONTRACTOR 5582718 EXO GROUP LLC 32628 DECKER PRAIRIE RD SUITE 1 MAGNOLIA TX 77355 ENGINEERING CONTRACTOR 1555123 CABLE HUSTON LLP 2210 W MAIN ST STE 107 386 BATTLE GROUND WA 98604 LEGAL CONTRACTOR 1509005 ELECTRICAL CONSULTANTS INC 3521 GABEL RDE BILLINGS MI 59102 ENGINEERING CONTRACTOR 1401169 13 SALE OF ELECTRICITY 221000 601459126 601459126 POLE RENT 531390 46289 46289 601505415 759195 759195 206833 46611 160222 160222 160222 30382 0 30382 30382 30382 INCOME FROM EQUITY INVESTMENTS 221000 645231 645231 645231 603100445 602104357 0 996088 150405 13226194 2517892 2469138 95225 2908500 7954799 COST OF POWER 541239590 DISTRIBUTION 11242970 ADMINISTRATIVE & GENERA 7148154 TRANSMISSION 3711119 8711068 601375054 32207651 38426521 21653866 5100537 74631086 46431045 916808 652103 14047845 36482052 3414513 2181731 321554685 93365263 212619724 228189422 29232519 29904223 7475052 7472975 29808949 56567064 426008013 451407673 70907287 39588267 110331191 106362968 89544612 145027442 270783090 290978677 X 54185 55595 39669362 45935415 115501376 114437986 155224923 160428996 426008013 451407673 X 1725391 3478682 X 0 1 X 1 0 118725 118725 0 VICTORY GROUP PO BOX 21719 KEIZER OR 97307 931145358 75600 NORTHWEST RIVER PARTNERS 825 NE MULTNOMAH STE 1135 PORTLAND OR 97232 260133872 43125 PART I-A, LINE 1: CONTRIBUTIONS TO NONPARTISAN LOBBYIST ACTIVITIES SUPPORTING OREGON LEGISLATURE AND CONGRESS WHO ARE FRIENDS OF RURAL ELECTRIFICATION AND COMMUNICATING ACTIVITIES THAT ARE IMPACTFUL TO RURAL ELECTRIFICATION. CONTRIBUTIONS TO A MEMBER-DRIVEN ORGANIZATION THAT SERVES NOT-FOR-PROFIT, COMMUNITY-OWNED ELECTRIC UTILITIES IN OREGON, WASHINGTON, IDAHO, MONTANA, UTAH, NEVADA AND WYOMING AND SUPPORTS CLEAN ENERGY, LOW-CARBON TRANSPORTATION AND AGRICULTURAL JOBS. 840874 840874 19776614 11112658 8663956 253146414 82252605 170893809 47790783 47790783 228189422 INVESTMENT - SUB 29067843 C INVESTMENT - OTHER 836380 C 29904223 DEFERRED DEBITS 29758598 DEPOSITS ON EQUIPMENT 22357862 RENEWABLE ENERGY CREDITS 990218 CONTRACTS 3460386 56567064 CUSTOMERS' ADVANCE FOR CONSTRUCTION 134300238 POST RETIREMENT & DEFERRED COMPENSATION 2275036 OTHER ACCRUED EXPENSES 7594081 ENERGY EFFICIENCY BIENNIUM 858087 145027442 X 603100445 0 603100445 0 603100445 588148860 0 588148860 13226194 13226194 601375054 PART X, LINE 2: THE COOPERATIVE FOLLOWS ACCOUNTING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE COOPERATIVE RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE INCOME TAX PROVISION, WHEN APPLICABLE. THERE WERE NO AMOUNTS ACCRUED IN THE CONSOLIDATED FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS IN 2023 OR 2022. PART XII, LINE 4B - OTHER ADJUSTMENTS: 2023 ALLOCATION OF MARGINS - $13,226194 1 AGAPE HOUSE PO BOX 1723 HERMISTON OR 97818 911780273 501(C)(3) 30000 0 GENERAL SUPPORT FARMERS ENDING HUNGER PO BOX 7361 SALEM OR 97303 800505305 501(C)(3) 30000 0 GENERAL SUPPORT SAGE CENTER PO BOX 200 BOARDMAN OR 97818 930575616 501(C)(3) 26000 0 GENERAL SUPPORT THE OREGON COMMUNITY FOUNDATION 1221 SW YAMHILL ST PORTLAND OR 97205 237315673 501(C)(3) 14849 0 GENERAL SUPPORT UMATILLA COUNTY FAIR PO BOX 94 HERMISTON OR 97838 936012705 501(C)(3) 21396 0 GENERAL SUPPORT FARM CITY PRO RODEO 495 E MAIN HERMISTON OR 97838 931017956 501(C)(3) 18160 0 GENERAL SUPPORT EAST UMATILLA CO FIRE DIST PO BOX 411 WESTON OR 97886 931214674 501(C)(4) 10000 0 GENERAL SUPPORT 6 1 X X X 0 1 0 ROBERT ECHENRODE GM & CEO 649095 0 101000 0 0 0 81000 0 12060 0 843155 0 0 0 JOSHUA LANKFORD VP ENGINEERING & OPS 312562 0 70250 0 0 0 36547 0 17212 0 436571 0 0 0 JOHN DONNER VP FINANCE & RATES 277266 0 45000 0 0 0 36000 0 24671 0 382937 0 0 0 ROBERT CROMWELL VP, POWER SUPPLY 268656 0 45000 0 0 0 31468 0 24516 0 369640 0 0 0 LISA MCMEEN VP ADMINISTRATION 292825 0 1500 0 0 0 32431 0 12060 0 338816 0 0 0 MIKEL BRITT LINE FOREMAN 206051 0 0 0 0 0 21556 0 17101 0 244708 0 0 0 DUSTIN GROGAN OPERATIONS SUPERINTENDENT 183023 0 10000 0 0 0 21502 0 24671 0 239196 0 0 0 BRIAN BIERWIRTH SYSTEM OPERATOR 184931 0 3000 0 0 0 24516 0 24516 0 236963 0 0 0 TONY PALZINSKI JOURNEYMAN LINEMAN 188868 0 0 0 0 0 19638 0 17101 0 225607 0 0 0 MALCOLM STANTON JOURNEYMAN LINEMAN 186955 0 0 0 0 0 19317 0 17101 0 223373 0 0 0 PART I, LINE 4B THE COOPERATIVE MAINTAINS A NON-QUALIFIED DEFERRED COMPENSATION PROGRAM. FORM 990, PART VI, SECTION A, LINE 6 ONE CLASS OF MEMBERS. EACH MEMBER HAS ONE VOTE TO ELECT A DIRECTOR FROM WITHIN THEIR DISTRICT. DIRECTORS SERVE THREE-YEAR TERMS. BYLAW CHANGES REQUIRE A VOTE MY THE MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THERE IS ONE CLASS OF MEMBERSHIP FOR ALL MEMBERS. A MEMBER IS ENTITLED TO ONE VOTE TO ELECT THE BOARD OF DIRECTORS. DIRECTORS SERVE THREE-YEAR TERMS. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS VOTE TO APPROVE CHANGES IN THE BYLAWS AND TO ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM WITH SUPPORT FROM THE COOPERATIVE'S FINANCE STAFF. THE CONTROLLER AND VP OR CEO REVIEW THE DRAFT PRIOR TO IT BEING SHARED WITH THE BOARD. THE FINAL DRAFT IS DELIVERED TO THE BOARD FOR THEIR REVIEW. AFTER REVIEW, THE FORM 990 IS FINALIZED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C THE COOPERATIVE MAINTAINS A BOARD-APPROVED CONFLICT OF INTEREST POLICY AND MONITORS COMPLIANCE WITH ITS STANDARDS. EACH MEMBER OF THE BOARD IS REQUIRED TO REVIEW AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT ON AN ANNUAL BASIS. ANY CONFLICTS OF INTEREST ARE DISCLOSED TO THE FULL BOARD AND APPROPRIATE ACTION IS TAKEN BY THE CEO AS OUTLINED WITHIN THE POLICY. CONFLICTS OF INTEREST ARE GENERALLY AVOIDED AND ANY ACTIONS TAKEN ARE DETERMINED BY THE NATURE OF THE SITUATION. FORM 990, PART VI, SECTION B, LINE 15A INDEPENDENT CONSULTANT PROVIDED THE COOPERATIVE BOARD WITH A CEO MARKET VALUATION. THE VALUATION WAS THE BASIS FOR SETTING THE COMPENSATION LEVEL, APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST TO THE MEMBERSHIP AT THE COOPERATIVE'S HEADQUARTERS. THE ANNUAL FINANCIAL STATEMENTS ARE PUBLISHED ON THE COOPERATIVE'S WEBSITE. FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -9,956,236. MEMBERSHIPS 141,329. OTHER COMPREHENSIVE INCOME 67,395. 2023 ALLOCATION OF MARGINS 13,226,194. RURAL TELECOM COMPANY 750 W ELM AVE HERMISTON OR 97838 930961951 TELECOM OR 237 UMATILLA BASIN HOLDINGS NORTHEAST OREGON NOW LLC 750 W ELM AVE HERMISTON OR 97838 352459905 COMMUNICATION OR 0 0 UMATILLA BASIN HOLDINGS 750 W ELM AVE HERMISTON OR 97838 863130576 BUSINESS DEVELOPMENT OR UMATILLA ELECTRIC COOPERATIVE C 1487621 29076913 1.00000 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0