2025-09-09T11:05:28-05:00 2024-12-31 450310328 BRADY MARTZ & ASSOCIATES PC PO BOX 1297 BISMARCK ND 585021297 990 2024-01-01 262059712 ROUGHRIDER ELECTRIC COOPERATIVE INC ROUG 7017482293 800 HIGHWAY DRIVE HAZEN ND 585454737 ALEX CRAIGMILE CFO 7017482293 2025-08-18 1 0 LANCE RAMBOUSEK P01212867 7012231717 2025-08-18 2024 2025-03-06 01:10:19Z ALEX CRAIGMILE 800 HIGHWAY DRIVE HAZEN ND 585454737 86188415 0 X WWW.ROUGHRIDERELECTRIC.COM X 2008 ND THE ORGANIZATION DELIVERS ELECTRIC ENERGY TO MEMBERS. 9 9 40 0 1832 0 0 0 79610158 82832739 343950 3336 4227893 3172402 84182001 86008477 36859 32100 12282186 12982337 1580703 1168828 0 0 0 70282253 71825212 84182001 86008477 0 0 323177927 326681555 186586841 183946389 136591086 142735166 X MEMBERSHIPWE WILL PLACE THE MEMBER FIRST IN DETERMINING POLICIES AND PROCEDURES.WE WILL STRIVE TO KEEP THE MEMBERSHIP INFORMED AND INVOLVED IN THEIR COOPERATIVE.SERVICEWE ARE COMMITTED AT EVERY LEVEL TO MAINTAIN AND PROVIDE THE HIGHEST STANDARD OF SERVICE.FINANCIAL WE ARE COMMITTED TO KEEPING THE COOPERATIVE FINANCIALLY STRONG THROUGH PRUDENT BUSINESS PRACTICES.GROWTHWE WILL REMAIN OPEN TO OPPORTUNITIES FOR GROWTH WHICH WILL BENEFIT THE MEMBERSHIP.EMPLOYEESWE RECOGNIZE OUR EMPLOYEES AS AN IMPORTANT ASSET OF THE COOPERATIVE.WE WILL PROVIDE AN ATMOSPHERE WHERE ALL EMPLOYEES CAN PERFORM AT THEIR MAXIMUM POTENTIAL AND ABILITY.BOARD AND MANAGEMENTTHE BOARD AND MANAGEMENT ARE COMMITTED TO BEING INNOVATIVE, INFORMED AND PROGRESSIVE IN THEIR ROLE AS LEADERS OF THE COOPERATIVE AND THE AREA IT SERVES. WE, THE BOARD OF DIRECTORS, MANAGEMENT AND EMPLOYEES, ARE COMMITTED IN A UNITED EFFORT TO CARRY OUT THIS MISSION. 0 0 THE COOPERATIVE IS A DISTRIBUTION ELECTRIC UTILITY SERVING CUSTOMERS IN SIX COUNTIES. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 916 0 40 1 1 1 0 0 0 0 82832739 3367641 0 0 0 X 9 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ALEX CRAIGMILE 7017482293 1600 E INTERSTATE AVE SUITE 2 BISMARCK ND 58503 X GREG STECKLER PRESIDENT 8.33 X X 11325 0 0 ROGER KUDRNA VICE PRESIDENT 4.90 X X 12375 0 0 TROY SAILER SECRETARY 0.69 X X 7575 0 0 BRUCE DARCY TREASURER 2.27 X X 7275 0 0 JESSE FLATH DIRECTOR 2.58 X 8925 0 0 CALLEN SCHOCH DIRECTOR 4.50 X 9375 0 0 DARELL HERMAN DIRECTOR 3.90 X 8325 0 0 DAN PRICE DIRECTOR 4.50 X 9825 0 0 ARNOLD KAINZ DIRECTOR 4.17 X 10125 0 0 TRAVIS KUPPER IEA CO-MANAGER 0.00 40.00 X 0 0 0 JASON BENTZ IEA CO-MANAGER 0.00 40.00 X 0 0 0 ALEX CRAIGMILE IEA CFO 0.00 40.00 X 0 0 0 SHAWN OLSON OPERATIONS MANAGER/ CHIEF 40.00 X 167080 0 161162 LAURIE MILLER MAPPING/DATABASE ADMIN 40.00 X 136535 0 81266 LEONARD H HIBL DIRECTOR-MEMBER SERVICES 40.00 X 145282 0 76245 RUSSEL WALTERS JOURNEYMAN LINEMAN 40.00 X 119255 0 98151 BROCK SWENSRUD WORKING FOREMAN 40.00 X 134048 0 68013 TYLER PHELPS LINE SUPERINTENDENT 1.00 X 146348 0 56551 933673 0 541388 25 0 1 0 3C CONSTRUCTION INC 4001 30TH AVE NW MANDAN ND 585541367 CONSTRUCTION/LINE MAINTENANCE 3808257 INNOVATIVE ENERGY ALLIANCE COOPERATIVE 235 SIMS ST DICKINSON ND 586015100 MANAGEMENT, SAFETY, ENGINEERING, IT, HR, 1932927 MOUNTAIN PLAINS LLC PO BOX 487 BISMARCK ND 585020487 STAKING SERVICES 987208 BOLDT POWER INC PO BOX 57 ISABEL SD 57633 LINE CONSTRUCTION SERVICES 876020 COAL CREEK CONSTRUCTION INC PO BOX 1068 UNDERWOOD ND 585761068 CONSTRUCTION/LINE MAINTENANCE 801475 13 ELECTRIC SALES 221000 80378856 80378856 OTHER ELECTRIC REVENUE 221000 2254374 2254374 QUALIFIED POLE RENTALS 532000 199509 199509 82832739 179558 179558 176222 -176222 -176222 -176222 4686 3716 970 970 CAPITAL CREDITS 900099 3166813 3166813 K-1 WDUS HOLDINGS 230000 4619 862 3757 3171432 86008477 85623821 1832 382824 X 32100 12982337 252205 916623 488715 4838193 7802863 COST OF POWER 48800773 DISTRIBUTION - OPERATIO 3203415 DISTRIBUTION - MAINTENA 2695466 TRANSMISSION 1098576 2897211 86008477 X 3833072 5619529 2856899 111835 8971553 11041028 39258 19814 10618302 8772721 641713 1780125 329383125 77165179 250478700 252217946 1008469 992267 44729961 46126290 323177927 326681555 6946403 7311255 176711419 176266372 2929019 368762 186586841 183946389 X 0 0 0 0 136591086 142735166 136591086 142735166 323177927 326681555 X 0 6144080 X X 0 1 X 1 0 1541520 1541520 4221029 814016 3407013 305597364 76351163 229246201 18023212 18023212 252217946 MEMBERSHIPS 1625 C PATRONAGE CAPITAL FROM ASSOCIATED ORGANIZATIONS 45580161 C STOCKS IN ASSOCIATED COMPANIES 223228 C PATRONAGE CAPITAL 321276 C 46126290 DEFERRED CREDITS 79452 CONSUMER DEPOSITS 289310 368762 X 86008477 0 86008477 0 86008477 73026140 0 73026140 12982337 12982337 86008477 PART X, LINE 2: THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE SERVICE CODE. THE COOPERATIVE'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS, AND OTHER EVIDENCE. IT IS THE OPINION OF MANAGEMENT THAT ROUGHRIDER HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FEDERAL INCOME TAX RETURNS OF ROUGHRIDER ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. ALL FILINGS ARE CURRENT. PART XII, LINE 4B - OTHER ADJUSTMENTS: ALLOCATED CAPITAL CREDITS 12,982,337. X 0 0 0 SHAWN OLSON OPERATIONS MANAGER/ CHIEF 167080 0 0 0 0 0 127572 0 33590 0 328242 0 0 0 LEONARD H HIBL DIRECTOR-MEMBER SERVICES 145282 0 0 0 0 0 51026 0 25219 0 221527 0 0 0 LAURIE MILLER MAPPING/DATABASE ADMIN 136535 0 0 0 0 0 48874 0 32392 0 217801 0 0 0 RUSSEL WALTERS JOURNEYMAN LINEMAN 119255 0 0 0 0 0 66963 0 31188 0 217406 0 0 0 TYLER PHELPS LINE SUPERINTENDENT 146348 0 0 0 0 0 24517 0 32034 0 202899 0 0 0 BROCK SWENSRUD WORKING FOREMAN 134048 0 0 0 0 0 36444 0 31569 0 202061 0 0 0 INNOVATIVE ENERGY ALLIANCE COOPERATIVE TRAVIS K, JASON B AND ALEX C ARE OFFICERS OF BOTH 1932927 PAYMENT OF MANAGEMENT AND OTHER SERVICES 0 FORM 990, PART VI, SECTION A, LINE 3 INNOVATIVE ENERGY ALLIANCE IS A SEPARATE COOPERATIVE FORMED BY FOUR ELECTRIC COOPERATIVES IN THE STATE OF NORTH DAKOTA TO PROVIDE MANAGEMENT, IT, HUMAN SERVICE, ENGINEERING, SAFETY, MARKETING, LEGAL, REGULATION AND COMPLIANCE SERVICES TO THE FOUR COOPERATIVES. ROUGHRIDER ELECTRIC HAS HIRED INNOVATIVE ENERGY ALLIANCE TO PROVIDE THESE SERVICES. FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE IS A MEMBER OWNED COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OF THE COOPERATIVE HAS ONE VOTE IN ELECTIONS OF THE BOARD MEMBERS. THE MEMBERSHIP OF THE COOPERATIVE ALSO VOTES FOR ANY CHANGES TO THE BY-LAWS. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER OF THE COOPERATIVE IS ALLOWED ONE VOTE ON BY-LAWS CHANGES. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990 IS REVIEWED FOR ACCURACY PRIOR TO FILING BY THE COOPERATIVE'S DIRECTOR OF FINANCE AND ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ANNUALLY DISCLOSE THEIR INVOLVEMENT WITH OTHER ORGANIZATIONS, VENDORS AND ANY OTHER ASSOCIATION THAT MIGHT REPRESENT PRESENT OR POSSIBLE FUTURE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 MANAGER PAY WAS COMPARED TO STATE AVERAGE, PRIOR WAGES, AND APPROVED BY THE FULL BOARD OF DIRECTORS AFTER BOARD DELIBERATIONS. PAY IS REVIEWED ANNUALLY AND CHANGES ARE BASED ON MERIT, CPI, AND COMPARATIVE WAGES. FORM 990, PART VI, SECTION C, LINE 19 ARTICLES OF INCORPORATION AND BYLAWS ARE MAILED TO EACH NEW MEMBER OF THE COOPERATIVE. THESE DOCUMENTS ARE ALSO AVAILABLE FOR PUBLIC REVIEW AT THE COOPERATIVE'S OFFICE UPON REQUEST. INDEPENDENTLY AUDITED FINANCIAL STATEMENTS APPEAR IN THE ANNUAL REPORT FOR ALL MEMBERS. FORM 990, PART VII JASON BENTZ, TRAVIS KUPPER AND ALEX CRAIGMILE ARE EMPLOYEES OF INNOVATIVE ENERGY ALLIANCE COOPERATIVE, A SEPARATE UNRELATED ENTITY THAT PROVIDES MANAGEMENT SERVICES TO RURAL ELECTRIC COOPERATIVES IN NORTH DAKOTA. FORM 990, PART VII, SECTION A, COLUMN F INCLUDED IN THE COLUMN "F" ESTIMATED AMOUNT OF OTHER COMPENSATION IS THE ESTIMATED ANNUAL INCREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN. THE ESTIMATED INCREASE IS AS FOLLOWS FOR THOSE LISTED IN PART VII: SHAWN OLSON - $127,572 LEONARD HIBL - $51,026 LAURIE MILLER - $48,874 RUSSEL WALTERS - $66,963 TYLER PHELPS - $24,517 BROCK SWENSRUD - $36,444 THE CURRENT YEAR EXPENSE FOR THIS DEFINED BENEFIT PLAN WAS AS FOLLOWS: SHAWN OLSON - $52,170 LEONARD HIBL - $49,433 LAURIE MILLER - $47,210 RUSSEL WALTERS - $37,799 TYLER PHELPS - $42,466 BROCK SWENSRUD - $40,068 FORM 990, PART IX, LINE 4 THE COOPERATIVE HAS INTERPRETED BENEFITS PAID TO MEMBERS TO MEAN THE AMOUNT OF CAPITAL CREDITS THAT WERE ALLOCATED TO MEMBERS IN THE CURRENT YEAR. FORM 990, PART X CERTAIN ITEMS IN THE PRIOR YEAR BALANCE SHEET HAVE BEEN RECLASSIFIED TO CONFORM TO THE CURRENT YEAR PRESENTATION. THERE IS NO CHANGE TO TOTAL ASSETS, LIABILITIES, OR NET ASSETS AS PREVIOUSLY REPORTED. FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -7,140,207. ALLOCATED CAPITAL CREDITS 12,982,337. CAPITAL CREDIT GAIN 301,950. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE TO THE COMMITTEE RESPONSIBLE FOR OVERSIGHT OF THE AUDIT. ROUGHRIDER ELECTRIC CHARITABLE FOUNDATION PO BOX 1038 DICKINSON ND 58601 816104261 CHARITABLE CONTRIBUTIONS TO ELIGIBLE FAMILY AND BUSINESSES ND 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0