2026-08-21T08:29:26-05:00 2025-12-31 992923038 BRADY MARTZ PLLC PO BOX 1297 BISMARCK ND 585021297 990 2025-01-01 262059712 ROUGHRIDER ELECTRIC COOPERATIVE INC ROUG 7017482293 800 HIGHWAY DRIVE HAZEN ND 585454737 ALEX CRAIGMILE CFO 7017482293 2026-08-17 1 LANCE RAMBOUSEK P01212867 7012231717 2026-08-17 2025 2025-03-06 01:10:19Z ALEX CRAIGMILE 800 HIGHWAY DRIVE HAZEN ND 585454737 88171751 0 X WWW.ROUGHRIDERELECTRIC.COM X 2008 ND THE ORGANIZATION DELIVERS ELECTRIC ENERGY TO MEMBERS. 9 9 42 0 50292 8137 0 0 82832739 84752432 3336 -248215 3172402 3384025 86008477 87888242 32100 0 12982337 9372749 1168828 1622719 0 0 0 71825212 76892774 86008477 87888242 0 0 326681555 340588646 183946389 193336152 142735166 147252494 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 1 672 0 1 42 1 1 1 0 0 0 0 84752432 3228554 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 ROGER KUDRNA VICE PRESIDENT 4.14 X X 12325 0 0 DARELL HERMAN DIRECTOR 4.15 X 9175 0 0 TROY SAILER SECRETARY 0.38 X X 9175 0 0 BRUCE DARCY TREASURER 2.88 X X 8275 0 0 ARNOLD KAINZ DIRECTOR 5.12 X 12625 0 0 DAN PRICE DIRECTOR 3.81 X 9925 0 0 CALLEN SCHOCH DIRECTOR 3.52 X 9625 0 0 GREG STECKLER PRESIDENT 8.58 X X 11575 0 0 JESSE FLATH DIRECTOR 5.31 X 11125 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 186674 0 235235 LEONARD H HIBL DIRECTOR-MEMBER SERVICES 40.00 X 148824 0 90892 BROCK SWENSRUD GENERAL FOREMAN 40.00 X 146610 0 86839 LAURIE MILLER MAPPING/DATABASE ADMIN 40.00 X 143824 0 88366 SCOTT LEINTZ WORKING FOREMAN 40.00 X 142687 0 95635 RUSSEL WALTERS JOURNEYMAN LINEMAN 40.00 X 121932 0 112731 984376 0 709698 31 0 1 0 PRECISION UNDERGROUND INC 4007 STATE ST 112 BISMARCK ND 58503 UNDERGROUND CONSTRUCTION 3075537 3C CONSTRUCTION INC 4001 30TH AVE NW MANDAN ND 585541367 CONSTRUCTION/LINE MAINTENANCE 2503265 INNOVATIVE ENERGY ALLIANCE COOPERATIVE 235 SIMS ST DICKINSON ND 586015100 MANAGEMENT, SAFETY, ENGINEERING, IT, HR, 1740231 COAL CREEK CONSTRUCTION INC PO BOX 1068 UNDERWOOD ND 585761068 CONSTRUCTION/LINE MAINTENANCE 1360946 MOUNTAIN PLAINS LLC PO BOX 487 BISMARCK ND 585020487 STAKING SERVICES 1000439 21 ELECTRIC SALES 221000 82150595 82150595 OTHER ELECTRIC REVENUE 221000 2406586 2406586 QUALIFIED POLE RENTALS 532000 195251 195251 84752432 29148 29148 277363 -277363 -277363 -277363 6587 6146 441 441 CAPITAL CREDITS 900099 3197417 3197417 K-1 WDUS HOLDINGS 230000 115105 50847 49851 14407 OTHER 900099 71062 71062 3383584 87888242 87599144 50292 238806 X 9372749 381666 1241053 507930 5055752 7927573 COST OF POWER 53365690 DISTRIBUTION - OPERATIO 3417605 DISTRIBUTION - MAINTENA 2929192 ADMINISTRATIVE AND GENE 2765542 923490 87888242 5619529 3742073 111835 116032 11041028 7934143 19814 19814 8772721 9514679 1780125 2162424 351732466 83039022 252217946 268693444 992267 1176886 46126290 47229151 326681555 340588646 7311255 8231156 176266372 184729449 368762 375547 183946389 193336152 X 0 0 0 0 142735166 147252494 142735166 147252494 326681555 340588646 X 0 4517328 X X 0 1 X 1 0 1556940 1556940 4228204 854694 3373510 315302016 82184328 233117688 30645306 30645306 268693444 MEMBERSHIPS 1625 C PATRONAGE CAPITAL FROM ASSOCIATED ORGANIZATIONS 46672417 C STOCKS IN ASSOCIATED COMPANIES 230919 C PATRONAGE CAPITAL 324190 C 47229151 DEFERRED CREDITS 85812 CONSUMER DEPOSITS 289735 375547 X 87888242 0 87888242 0 87888242 78515493 0 78515493 9372749 9372749 87888242 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 9,372,749. X 0 0 0 SHAWN OLSON OPERATIONS MANAGER/ CHIEF 181993 0 175 0 4506 0 207121 0 31142 0 424937 0 0 0 LEONARD H HIBL DIRECTOR-MEMBER SERVICES 144345 0 325 0 4154 0 62778 0 30569 0 242171 0 0 0 SCOTT LEINTZ WORKING FOREMAN 140154 0 475 0 2058 0 95635 0 1995 0 240317 0 0 0 RUSSEL WALTERS JOURNEYMAN LINEMAN 120643 0 475 0 814 0 84617 0 29996 0 236545 0 0 0 BROCK SWENSRUD GENERAL FOREMAN 144203 0 175 0 2232 0 58725 0 30234 0 235569 0 0 0 LAURIE MILLER MAPPING/DATABASE ADMIN 140497 0 325 0 3002 0 60252 0 30455 0 234531 0 0 0 INNOVATIVE ENERGY ALLIANCE COOPERATIVE TRAVIS K, JASON B AND ALEX C ARE OFFICERS OF BOTH 1791317 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: $201,459 LEONARD H HIBL: $58,233 BROCK SWENSRUD: $54,831 LAURIE A MILLER: $55,919 SCOTT LEINTZ: $91,962 RUSSEL WALTERS: $81,129 THE CURRENT YEAR EXPENSE FOR THIS DEFINED BENEFIT PLAN WAS AS FOLLOWS: SHAWN OLSON: $64,362 LEONARD H HIBL: $52,851 BROCK SWENSRUD: $44,916 LAURIE A MILLER: $49,750 SCOTT LEINTZ: $42,376 RUSSEL WALTERS: $39,973 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 XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -5,028,984. ALLOCATED CAPITAL CREDITS 9,372,749. CAPITAL CREDIT GAIN 173,563. 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