2025-10-13T10:04:12-05:00 2024-12-31 810386935 SUMMERS MCNEA & CO PC 15 AVANTA WAY SUITE 1 BILLINGS MT 59102 990 2024-01-01 810216809 GOLDENWEST ELECTRIC COOPERATIVE INC GOLD 4067962423 PO BOX 177 WIBAUX MT 59353 JASON BROTHEN CEO 4067962423 2025-10-08 1 0 BRIAN F VAN STEELAND P00481262 4066522320 2024 2025-03-06 01:10:19Z DALE SCHWEIGERT PO BOX 177 WIBAUX MT 59353 6246765 0 X GWEC.COOP X 1942 MT RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL SERVICES AND UTILITIES TOMEMBERS AND PATRONS. 5 5 11 0 0 0 0 0 5809267 5882060 574664 135731 49571 228974 6433502 6246765 0 0 420221 112590 612823 473244 0 0 0 4322499 5125763 5355543 5711597 1077959 535168 21336535 19978607 12599239 10706143 8737296 9272464 RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL SERVICES AND UTILITIES TOMEMBERS AND PATRONS. 0 0 RURAL ELECTRIC COOPERATIVE SUPPLYING ELECTRICAL SERVICES AND UTILITIES TOMEMBERS AND PATRONS IN EASTERN MONTANA AND WESTERN NORTH DAKOTA. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 11 1 0 0 0 0 0 0 0 5882060 364705 0 0 0 X 5 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 1 1 1 0 X THE ORGANIZATION 4067962423 PO BOX 177 WIBAUX MT 59353 DON MAUS DIRECTOR 1.00 X 4300 0 0 ROBERT MAKELKY SECRETARY/TREASURER 1.00 X X 7450 0 0 DAVID FRANZ DIRECTOR 1.00 X 6300 0 0 DALE SCHWEIGERT PRESIDENT 1.00 X X 7900 0 0 KENT KAHL VICE PRESIDENT 1.00 X X 6950 0 0 LANA MAYCHRZAK DIRECTOR 1.00 X 5200 0 0 TORI WYMAN CFO/OFFICE MANAGER 40.00 X 96030 0 45386 TRAVIS BAKKEN LINEMAN 40.00 X 135445 0 70715 DWAYNE VAN VLEET LINEMAN 40.00 X 125319 0 64295 CASEY BEGGER LINEMAN 40.00 X 116514 0 62089 COLE OLSON LINEMAN 40.00 X 116480 0 46845 627888 0 289330 4 0 1 0 MIDWEST POWERLINE CONSTRUCTION 1435 SINCLAIR LEWIS AVE WEST SAUK CENTRE MN 56378 POWERLINE CONSTRUCTION 1096894 POND AND COMPANY 3500 PARKWAY LANE SUITE 500 PEACHTREE CORNERS GA 30092 ENGINEERING AND LINE INSTALL 457550 WANG PIPELINE SERVICES PO BOX 902 SIDNEY MT 59270 PIPELINE CONSTRUCTION 145916 3 SALES OF ELECTRICITY 221000 5882060 5882060 5882060 135731 135731 PATRONAGE CAPITAL CRED 221000 198974 198974 GAIN ON DISPOSITION OF 221000 30000 30000 228974 6246765 6246765 0 0 X 112590 179516 210138 83590 104030 1035 19870 29417 66322 15019 307286 572344 15972 COST OF POWER 2664867 DISTRIBUTION EXPENSE- M 570563 DISTRIBUTION EXPENSE- O 284786 CUSTOMER ACCOUNTS EXPEN 208754 265498 5711597 3163422 107161 709012 464750 635438 493921 463654 66481 24957299 10473162 14703283 14484137 2452338 3511397 58821 1327 21336535 19978607 477734 479553 11080784 10504496 1040721 -277906 12599239 10706143 X 0 0 0 0 8737296 9272464 8737296 9272464 21336535 19978607 535168 0 X X 0 1 X 1 0 143960 143960 474706 169027 305679 1094209 870969 223240 23244424 9433166 13811258 14484137 PATRONAGE INVESTMENTS WITH UPPER MISSOURI AND BASIN 2554154 C PATRONAGE INVESTMENT WITH OTHER ASSOCIATED ORGANIZATIONS 957243 C 3511397 CUSTOMER ADVANCES FOR CONSTRUCTION -440896 CONSUMERS ENERGY PREPAYMENTS 162990 -277906 X 6246765 0 6246765 0 6246765 5599007 0 5599007 112590 112590 5711597 PART X, LINE 2: THERE ARE NO UNCERTAIN TAX POSITIONS EXISTING AT DECEMBER 31, 2024. PART XII, LINE 4B - OTHER ADJUSTMENTS: CAPITAL CREDITS RETIRED AND SCHOLARSHIPS AND DONATIONS PAID NET OF VOIDED SCHEDULE D, PART VI, LINE 5 TRANSMISSION PLANT ASSETS OF $572,016; DISTRIBUTION PLANT ASSETS OF $21,195,875; WORK IN PROCESS OF $1,476,227; ORGANIZATION OF $306 1 0 0 0 TRAVIS BAKKEN LINEMAN 135445 0 0 0 0 0 47362 0 23353 0 206160 0 0 0 DWAYNE VAN VLEET LINEMAN 125319 0 0 0 0 0 38976 0 25319 0 189614 0 0 0 CASEY BEGGER LINEMAN 116514 0 0 0 0 0 36810 0 25279 0 178603 0 0 0 COLE OLSON LINEMAN 116480 0 0 0 0 0 21566 0 25279 0 163325 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 CLASSES OF MEMBERS OR STOCKHOLDERS THE COOPERATIVE IS MADE UP OF MEMBERS WHO PURCHASE THEIR POWER FROM THE ORGANIZATION AND HAVE THE OPTION OF ATTENDING MEETINGS OF THE MEMBERSHIP ANNUALLY. THE COOPERATIVE HAS 674 MEMBERS AT DECEMBER 31, 2025. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF MEMBERS AND THEIR RIGHTS THE MEMBERSHIP ELECTS THE BOARD OF DIRECTORS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 11B BOARD REVIEWS FORM 990 PRIOR TO APPROVAL AND FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICIES ARE REVIEWED ANNUALLY BY ALL MEMBERS OF THE BOARD. MANAGMENT MONITORS THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 REVIEW OF COMPENSATION IS DONE BY THE BOARD ANNUALLY AND APPROVED PRIOR TO ANY CHANGES. THE COOPERATIVE CURRENTLY HAS A MANAGEMENT AGREEMENT WITH ANOTHER COOPERATIVE IN SIDNEY, MT. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE MAIN OFFICE. PART IX, LINE 4 THIS LINE REPRESENTS CAPITAL CREDITS PAID TO MEMBERS DURING THE YEAR. IT IS THE TOTAL OF THE GENERAL RETIREMENT AND ESTATES PAID OUT AND ALSO SCHOLARSHIPS AND EDUCATIONAL FUNDS USED FROM UNCLAIMED CAPITAL CREDITS. PART IV LINE 12 AND PART XII LINE 2B THE COOPERATIVE HAS AN ANNUAL AUDIT COMPLETED. THE COOPERATIVE AUDIT YEAR END IS FEBRUARY 28. THE COOPERATIVE'S 990 TAX RETURN IS FILED ON A CALENDAR YEAR. THE CFC FORM 7 REPORT FOR DECEMBER 31 IS UTILIZED FOR THE TAX RETURN. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.