2024-10-25T13:08:29-07:00 2023-12-31 260152208 DECORIA BLAIR & TEAGUE PS 7307 N DIVISION ST STE 222 SPOKANE WA 99208 990 2023-01-01 810228361 Lincoln Electric Cooperative Inc LINC 4068893301 PO Box 628 Eureka MT 59917 Michelle Wilbur CFO 2024-10-25 true true Brandon J Blair P01966667 5093282229 2023 2024-10-15 13:58:12Z Matthew Quinn 16743630 false X www.lincolnelectric.coop X 1948 MT Lincoln Electric Cooperative, Inc. is an electric distribution cooperative established to provide electrical power and services to over 4,600 members located in portions of Lincoln and Flathead counties of Montana. 9 9 30 1615942 0 13016735 13490599 135380 146647 1640762 1625795 14792877 15263041 0 390335 484721 4326015 5132347 0 0 8900305 8436524 13616655 14053592 1176222 1209449 35721236 38525613 22139638 23736535 13581598 14789078 Rural electric cooperative established to provide electrical power and services to its members located in portions of Lincoln and Flathead counties of Montana. false false Cooperative resources and activities are related to providing distribution of electrical power and services to approximately 5,100 members located in portions of Lincoln and Flathead counties of Montana. false false false false false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false true false false false true 27 0 true 30 true true true false false false false 13490599 69077 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false X Michelle Wilbur 4068893301 312 Osloski Road Eureka MT 59917 Telly Stanger General Manager 42.00 0.00 X 297711 0 62953 Stanley Williams Mgr of Ops & Engin 42.00 0.00 144659 0 66573 Kylie Larson Interim GM 42.00 0.00 X 141053 0 59348 Mark Stark Engineer 42.00 0.00 135555 0 61369 Michelle Wilbur CFO 42.00 0.00 X 131813 0 60232 Ed Sutherland Foreman 45.00 0.00 143164 0 46988 Ryan Cameron Lineman 44.00 0.00 133535 0 43954 Brendan Nichols Lineman 45.00 0.00 133895 0 41191 Marianne Roose Trustee 3.00 0.00 X 17325 0 0 Tina Taurman President 4.00 0.00 X X 16425 0 0 Sandra Mason Secre/Treasurer 2.00 0.00 X X 8550 0 0 Rick Peterson Trustee 1.00 0.00 X 7800 0 0 Ethel White Trustee 1.00 0.00 X 6825 0 0 Myra Appel Trustee 1.00 0.00 X 6300 0 0 Rebecca Evins Vice President 1.00 0.00 X X 3450 0 0 Joel Graves Trustee 1.00 0.00 X 3300 0 0 Michael Garner Secre/Treasurer 2.00 0.00 X X 1800 0 0 Rodney Kane Trustee 1.00 0.00 X 750 0 0 1333910 442608 16 false true false Rocky Mountain Contractors PO Box 8688 Kalispell MT 59904 Construction 1879641 1 0 Electricity sales 221000 13424525 13424525 Other electric revenue 221000 66074 66074 13490599 142735 114638 754 27343 0 0 14585 14585 14585 14585 3912 3912 3912 3912 0 0 3091865 1480589 1611276 1611276 Other non-operating, net 221000 -66 -66 -66 15263041 13605171 1615942 41928 0 0 0 484721 825635 0 2912471 604392 495449 294400 0 7657 14825 0 0 0 0 5366 233179 152003 0 7982 195491 0 111835 801053 0 1223260 106921 Cost of power 5378918 Distribution - operations 1750759 Administration and general 1053975 Distribution - maintenance 820818 -3427518 14053592 0 0 0 163545 80655 1077843 1247741 0 1822852 2614252 0 0 312127 246013 2864163 3211336 530389 504400 45731916 16646297 27476721 29085619 0 0 1406769 1479184 66827 56413 0 35721236 38525613 1961119 2323078 1861071 1468674 17074351 18380497 1085750 1395823 157347 168463 22139638 23736535 X 1405491 1883782 12176107 12905296 13581598 14789078 35721236 38525613 X 1209449 -1969 X false true X true false 639138 639138 2481544 2481544 8046456 8046456 34564778 16646297 17918481 29085619 Patronage capital credits 1108455 C Memberships 15928 C Capital term certificates 354801 C Consumer deposits 168463 168463 X 16741661 16741661 -1478620 -1478620 15263041 15049460 1480589 1480589 13568871 484721 484721 14053592 Part X : FIN48 Footnote The Cooperative has not identified any uncertain income tax positions that would jeopardize its tax-exempt status. The Cooperatives tax returns are subject to review and examination by federal authorities. With few exceptions, the tax returns essentially remain open for possible examination for a period of three years after the respective filing deadlines of those returns. Part XII, Line 2d: Other expenses and losses per audited F/S RPS COGS $1480589 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Patronage capital credit retirements $484721 X X false false false Brendan Nichols Lineman 132793 802 300 28474 12717 175086 Ed Sutherland Foreman 142062 802 300 34173 12815 190152 Kylie Larson Interim GM 130114 7537 3402 35078 24270 200401 Mark Stark Engineer 127374 8181 38781 22588 196924 Michelle Wilbur CFO 121112 8335 2366 35920 24312 192045 Ryan Cameron Lineman 131631 1604 300 31237 12717 177489 Stanley Williams Mgr of Ops & Engin 137847 6812 42063 24510 211232 Telly Stanger General Manager 142453 4487 150771 42082 20871 360664 Form 990, Part VI, Section A, Line 6 Members are businesses and individuals which receive electric service from the Cooperative. There are approximately 4,600 members. Form 990, Part VI, Section A, Line 7a Each member of the Cooperative is entitled to vote in the election of the Board of Directors, which serve three year terms. Elections are held every year at the annual meeting held in March. Form 990, Part VI, Section A, Line 7b All bylaw changes recommended by the Board of Directors are approved and ratified by the majority of quorum membership at the Cooperative' Form 990, Part VI, Section B, Line 11b After the Form 990 has been prepared by the independent accountants, the General Manager and staff review the form for accuracy and completeness. After the General Manager has approved the Form 990, it is submitted to the Board for their review and approval prior to its filing. Form 990, Part VI, Section B, Line 12c All trustees must disclose to the Board of Directors any situation or transaction in which the trustee is involved which violates, or could appear to violate the intent of the conflict of interest policy. The Board will then determine what action, if any, should be taken. Each trustee is responsible for ensuring that his or her actions and behavior are in accordance with this policy. The Board President shall be responsible for ensuring that all trustees adhere to this policy; however, any trustee may bring to the attention of the Board any perceived violation of the conflict of interest policy. Form 990, Part VI, Section B, Line 15a Montana Electric Cooperative Association (MECA) and the National Rural Electric Cooperative Association (NRECA) performs an annual salary survey by job classification. The Board of Directors use these surveys to determine the salary guidelines for the General Manager Form 990, Part VI, Section B, Line 15b Montana Electric Cooperative Association (MECA) and the National Rural Electric Cooperative Association (NRECA) performs an annual salary survey by job classification. The General Manager uses these surveys and the employment cost index to determine the range of salaries for exempt, non-union positions. The Cooperative's other employee salaries are established by a signed collectively bargained union contract. Form 990, Part VI, Section C, Line 19 All governing documents, policies and financial reports (including the Form 7 and Form 990) are available upon request at the Cooperative's headquarters office. In addition, each new member is provided with a copy of the Cooperative's bylaws. Also, the Statement of Financial Condition is sent out yearly to all members prior to the annual meeting held in March of each year. Form 990, Part XI, Line 9 Book vs Tax Depreciation on Disposals for Disregarded Entity = -$1969 Form 990, Part IX, Line 4 - Explanation of Benefits Paid to Members The Cooperative has interpreted the instructions for Part IX, Line 4 of the Form 990, regarding patronage dividends paid, to include the total amount of capital credits paid to members during the tax year. Rural Propane Services 1174 Highway 93 Eureka MT 59917 465371638 Sale of Propane and related services MT 1613973 3786776 Lincoln Electric Cooperative false false false false false false false false false false false false false false false false false false false