2024-10-31T13:20:17-04:00 2023-12-31 743040374 Kelso Lynch PC PA 6700 Squibb Rd Ste 215 Mission KS 662023252 990 2023-01-01 840372091 White River Electric Association Inc WHIT PO Box 958 Meeker CO 81641 Alan J Michalewicz CEO 9708785041 2024-10-30 true true George Lynch P00187596 9138311150 2024-10-31 2023 2024-10-15 13:58:12Z Alan J Michalewicz 51179295 false X www.wrea.org X 1945 CO Strives to Provide its Members/Consumers with safe, reliable and reasonable electric energy and other services at the most reasonable costs possible while remaining committed to customer and community service 7 7 30 28091 0 19480 47954810 50581851 42985 239431 825800 336024 48823595 51176786 20000 473896 1942107 1817767 2882963 0 0 46531932 45312236 48823595 50157306 1019480 92836265 94811531 23387538 24554982 69448727 70256549 Strives to Provide its Members/Consumers with safe, reliable and reasonable electric energy and other services at the most reasonable costs possible while remaining committed to customer and community service false false White River Electric Association, Inc. is a rural electric distribution Cooperative serving parts of Rio Blanco, Moffat, and Garfield counties in Colorado. false false true false false false false false true false true false true true false false false false false false false false false false false false true true false false false true false false false false false false false true true true false true 40 0 true 30 true true true false false false false 52429361 957986 false false false X 7 7 false false false false true true true true true false false false true true true true true true true false X Dale K Dunbar 9708785041 PO Box 958 Meeker CO 81641 Alan J Michalewicz CEO 40.00 0.00 X 338077 0 95832 Dale K Dunbar CFO 40.00 0.00 X 217895 0 72191 Brett A Berthelson Manager of Operations 40.00 0.00 X 173073 0 51762 Christopher Reidinger Manager of Engineering 40.00 0.00 X 169710 0 52117 Todd C Gerloff Project CoordField Rep 40.00 0.00 X 140364 0 51180 Jason F Kracht Superintendent 40.00 0.00 X 135929 0 49210 James H Sheridan Controller 40.00 0.00 X 154310 0 27229 Mark A Rogers Director 5.33 0.00 X 27248 0 0 Shane P Phelan Director 5.29 0.00 X 23198 0 0 Hal Pearce Director 5.63 0.00 X 21398 0 0 Kelly G Sheridan Director 7.46 0.00 X 20648 0 0 Brett Dearman Director 2.33 0.00 X 20648 0 0 Bryce Ducey Director 2.60 0.00 X 18548 0 0 Ronald K Hilkey Director 2.27 0.00 X 17512 0 0 1478558 0 399521 21 false true false Western United Electric Supply 100 Bromley Business Pkwy Brighton CO 80603 Supply Vendor 330474 High Rise Environmental P O Box 497 Meeker CO 816410497 Tree Trimming 125420 Bridgewell Resources LLC P O Box 912368 Denver CO 802912368 Power Poles 118604 3 19480 19480 Sale of Electricity 221000 50179748 50179748 Capital Credits 221000 364518 364518 Miscellaneous 221000 37585 37585 50581851 239431 239431 69625 2509 67116 67116 28091 39025 Non-0perating 900099 268908 268908 268908 51176786 50850759 28091 278456 X 5000 15000 1942107 1004884 1878079 530603 1224654 Cost of Power 38410229 38410229 Distribution Expense 2607012 2607012 Admin & General 2195435 2195435 Member Services 344303 344303 50157306 0 0 0 5220742 8882597 968351 868351 4037350 4379586 1877928 2051090 848423 89184 46906807 17374662 31057587 29532145 48355324 48766296 470560 242282 92836265 94811531 3173733 3606089 988855 3879051 14200223 14778329 5024727 2291513 23387538 24554982 X 5422807 6330588 64025920 63925961 69448727 70256549 92836265 94811531 X 1019480 -211658 X X false false 5000 5000 5000 true CARE Membership Organization LLC 5400 Washington St Denver CO 80216 743106451 5000 772272 772272 4795646 1364572 3431074 41338889 16010090 25328799 29532145 Investments in Assoicated Organiza 46329457 C Other Investments 1429445 C Subordinated Certificates 798647 C Non-Utility Property 208747 C 48766296 Other Liabilities 582624 Postretirement Benefit Obligation 1708889 2291513 X Footnote for uncertain tax position under FIN 48 (Part X) An evaluation of whether or not it has any uncertain tax positions isdetermined on an annual basis by the Association. While the Associationbelieves it has adequately provided for all tax positions, amounts assertedby taxing authorities could be different than the positions taken by theAssociation. The Association recognizes any interest and penaltiesassessed by taxing authorities in income tax expense and, with fewexceptions, is no longer subject to federal, state or local income taxexaminations by taxing authorities for years before 2020. false Scholarships 25 15000 Monitoring procedures (Part I, line 2) Each year scholarship award winners are required to send in a letter torequest their scholarship. Must include address of institution, transcriptof grades, and class schedule X X false true false Brett A Berthelson Manager of Operations 170073 3000 9267 42495 224835 James H Sheridan Controller 152060 2250 8408 18821 181539 Alan J Michalewicz CEO 327077 11000 40530 55302 433909 Dale K Dunbar CFO 211895 6000 26949 45242 290086 Todd C Gerloff Project CoordField Rep 138714 1650 8250 42930 191544 Christopher Reidinger Manager of Engineering 166710 3000 9634 42483 221827 Jason F Kracht Superintendent 133429 2500 7646 41564 185139 Listed persons compensation information (Part I, line 4) Alan J. Michalewicz Nonqualified $22,500Dale K. Dunbar Nonqualified $14,710 Bryce Ducey Director 8689 Manager of Duceys Electric provides services false Members or stockholder classes and rights Part VI line 6 Members are owners of the Electric Utility Cooperative and are allocated margins annually based on electricity usage. Member election for additional members Part VI line 7a Each member of the Association shall be entitled to vote in the election of the Board of Directors. Governing body decisions Part VI line 7b Bylaw changes must be approved by the membership. Form 990 governing body review Part VI line 11 Management and the paid preparer review the Form 990 prior to filing. The Board reviews annual filings at regular monthly board meetings. Conflict of interest policy compliance Part VI line 12c All BOD members, and employees are required to annually submit a conflict of interest statement that is reviewed by the whole board, CEO, and the General Counsel. CEO executive director top management comp Part VI line 15a CEO is reviewed annually by the entire BOD who compare and evaluate compensation with other state cooperatives managers in similar positions. Other officer or key employee compensation Part VI line 15b CEO evaluates other mgmt positions with Employers Council. In addition any variations to the wage or salary of other Mgmt personnel are reviewed and approved by the BOD. Governing documents etc available to public Part VI line 19 Bylaws are offered to all new members; all other documents are available at any time upon request and approval of the CEO. Explanation of other changes in net assets or fund balances Part XI line 9 CY Margins Assignable to Members $ 1,942,107Change in OCI $ -2,903,573Changes in Other Equity $ 2,443,666Retirement of Capital Credits $ -1,693,858 Total $ -211,658 Part IX response or note to any line in Part IX Form 990, Part IX, Line 4 - Benefits Paid to or for Members -The instructions to the 2023 Form 990 indicate that organizations exempt under Section 501 (c)(12) should report patronage dividends paid to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words Patronage Dividends Paid in the instructions to mean margins that are assigned or assignable to the members. the Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year ended December 31, 2023. Part XII Response or note to any line in Part XII Form 990, Part XII, Line 2White River Electric Association, Inc.s financial statement year-end differes from its tax year-end. The Cooperative receives audited financial statements on an annual basis for the year ended August 31st. White River Energy Company PO Box 1090 Meeker CO 816411090 841430614 Propane CO W R Electric Assoc Inc C Corp 137506 1892813 1.00000 true false false false false false false false false false false false false false false false true false false White River Energy Company ai 8100 Cost White River Energy Company q 430831 Cost