Totals
- Total revenue
- $43,751,651
- Total expenses
- $43,573,524
- Contributions and grants received
- $0
- Grants paid
- $17,673
- Program service revenue
- $42,740,077
- Investment income
- $834,604
- Other revenue
- $176,970
- Total assets, end of year
- $115,079,780
- Total liabilities, end of year
- $56,037,959
- Net assets or fund balances, end of year
- $59,041,821
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: SALES OF ELECTRICITY
total $41,754,014 · related or exempt $41,754,014
-
2b · Program service revenue: PATRONAGE DIVIDENDS
total $487,678 · related or exempt $487,678
-
2c · Program service revenue: SERVICE FEES
total $433,437 · related or exempt $433,437
-
2d · Program service revenue: OTHER PROGRAM REVENUE
total $64,948 · related or exempt $64,948
-
3 · Investment income
total $49,114 · related or exempt $3,682 · excluded $45,432
-
6a · Gross rents
real property $14,400
-
6b · Less rental expenses
real property $5,868
-
6c · Rental income or loss
real property $8,532
-
6d · Net rental income or loss
total $8,532 · excluded $8,532
-
7a · Gross sales of assets other than inventory
other assets $906,184
-
7b · Less cost or other basis and sales expenses
other assets $120,694
-
7c · Gain or loss
other assets $785,490
-
7d · Net gain or loss
total $785,490 · related or exempt $785,490
-
10a · Gross sales of inventory
$2,606
-
10b · Cost of goods sold
$2,290
-
10c · Net income from sales of inventory
total $316 · related or exempt $316
-
11a · Other revenue: POLE ATTACHMENT INCOME
total $168,122 · excluded $168,122
-
11e · Other revenue, total
$168,122
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $17,673
-
4 · Benefits paid to or for members
total $2,583,344
-
5 · Compensation of officers, directors and key employees
total $1,175,007
-
7 · Other salaries and wages
total $4,289,144
-
8 · Pension plan contributions
total $401,435
-
9 · Other employee benefits
total $741,596
-
10 · Payroll taxes
total $385,380
-
20 · Interest
total $1,908,034
-
22 · Depreciation, depletion and amortization
total $3,157,230
-
24a · Other expenses: PURCHASED POWER
total $25,633,981
-
24b · Other expenses: DISTRIBUTION EXPENSE
total $1,605,628
-
24c · Other expenses: ADMIN & GENERAL EXPENSE
total $613,340
-
24d · Other expenses: PROPERTY TAX EXPENSE
total $531,811
-
24e · All other expenses
total $529,921
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $13,925,882 · end of year $9,041,369
-
2 · Savings and temporary cash investments
beginning of year $138,814 · end of year $140,101
-
4 · Accounts receivable
beginning of year $2,235,115 · end of year $2,665,091
-
7 · Other notes and loans receivable
beginning of year $178,047
-
8 · Inventories for sale or use
beginning of year $4,046,442 · end of year $5,295,614
-
9 · Prepaid expenses and deferred charges
beginning of year $317,154 · end of year $430,344
-
10a · Land, buildings and equipment: cost or other basis
$110,326,190
-
10b · Land, buildings and equipment: accumulated depreciation
$42,997,515
-
10c · Land, buildings and equipment, net
beginning of year $61,960,960 · end of year $67,328,675
-
12 · Investments: other securities
beginning of year $355,698 · end of year $388,230
-
13 · Investments: program-related
beginning of year $24,982,102 · end of year $24,976,170
-
15 · Other assets
beginning of year $4,406,840 · end of year $4,814,186
-
17 · Accounts payable and accrued expenses
beginning of year $4,623,093 · end of year $5,044,280
-
23 · Secured mortgages and notes payable
beginning of year $41,729,576 · end of year $42,380,218
-
25 · Other liabilities
beginning of year $7,666,022 · end of year $8,613,461
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $58,528,363 · end of year $59,041,821
Mission and programs · 2022
Mission
MOUNTAIN PARKS ELECTRIC DELIVERS SAFE, RELIABLE, COST-EFFECTIVE, SUSTAINABLE ENERGY AND SERVCIES TO BETTER THE LIVES OF OUR MEMBERS AND COMMUNITY.
Activities or mission (Part I)
SALE OF ELECTRICITY TO MEMBERS.
-
SOLD AND DISTRIBUTED ELECTRICITY TO RURAL MEMBERS ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL. THERE WERE 22,070 ACTIVE SERVICES AT YEAR END.
As filed on the 2022 return.
Listed in Part VII
-
Jeff HauckJEFF HAUCK
DIRECTOR
- Total calculated
- $17,875
- From this org
- $17,875
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8.8
-
Elizabeth McIntyreELIZABETH MCINTYRE
PRESIDENT
- Total calculated
- $12,200
- From this org
- $12,200
- From related orgs
- $0
- Other
- $0
- Hours/week
- 13
-
Kristen TaddonioKRISTEN TADDONIO
SECRETARY
- Total calculated
- $11,000
- From this org
- $11,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5.5
-
Mark VoltMARK VOLT
DIRECTOR
- Total calculated
- $9,500
- From this org
- $9,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.6
-
Justin FoshaJUSTIN FOSHA
VICE PRESIDENT
- Total calculated
- $8,350
- From this org
- $8,350
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5.3
-
Carl Trick IICARL TRICK II
DIRECTOR
- Total calculated
- $7,500
- From this org
- $7,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7
-
Frank C Healy JrFRANK C HEALY JR
TREASURER
- Total calculated
- $7,250
- From this org
- $7,250
- From related orgs
- $0
- Other
- $0
- Hours/week
- 4.4
-
Richard ZieffRICHARD ZIEFF
DIRECTOR
- Total calculated
- $6,500
- From this org
- $6,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Mark JohnstonMARK JOHNSTON
GENERAL MANAGER
- Total calculated
- $305,435
- From this org
- $250,572
- From related orgs
- $0
- Other
- $54,863
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $246,850
- Bonus
- $0
- Other
- $3,722
- Deferred
- $28,050
- Nontaxable benefits
- $26,813
- Filer's total
- $305,435
-
Stacie DellamanoSTACIE DELLAMANO
MANAGER OF FIN & ACCT
- Total calculated
- $164,796
- From this org
- $130,932
- From related orgs
- $0
- Other
- $33,864
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $102,336
- Bonus
- $0
- Other
- $28,596
- Deferred
- $11,821
- Nontaxable benefits
- $22,043
- Filer's total
- $164,796
-
Dennis SimmonsDENNIS SIMMONS
MANAGER OF ENGINEERING
- Total calculated
- $213,216
- From this org
- $172,524
- From related orgs
- $0
- Other
- $40,692
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $134,822
- Bonus
- $0
- Other
- $37,702
- Deferred
- $15,525
- Nontaxable benefits
- $25,167
- Filer's total
- $213,216
-
Adam PaulsonADAM PAULSON
OPERATIONS/ENGINEERING MANAGER
- Total calculated
- $210,539
- From this org
- $162,085
- From related orgs
- $0
- Other
- $48,454
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $146,464
- Bonus
- $1,313
- Other
- $14,308
- Deferred
- $15,971
- Nontaxable benefits
- $32,483
- Filer's total
- $210,539
-
Joseph S PalmerJOSEPH S PALMER
MANAGER OF IT
- Total calculated
- $200,846
- From this org
- $160,296
- From related orgs
- $0
- Other
- $40,550
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $141,846
- Bonus
- $0
- Other
- $18,450
- Deferred
- $16,364
- Nontaxable benefits
- $24,186
- Filer's total
- $200,846
-
Drew ChristensenDREW CHRISTENSEN
GENERAL FOREMAN
- Total calculated
- $181,617
- From this org
- $138,172
- From related orgs
- $0
- Other
- $43,445
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $137,945
- Bonus
- $0
- Other
- $227
- Deferred
- $12,871
- Nontaxable benefits
- $30,574
- Filer's total
- $181,617
-
Sheldon GreenwoodSHELDON GREENWOOD
CREW FOREMAN
- Total calculated
- $179,209
- From this org
- $137,805
- From related orgs
- $0
- Other
- $41,404
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $126,784
- Bonus
- $0
- Other
- $11,021
- Deferred
- $12,453
- Nontaxable benefits
- $28,951
- Filer's total
- $179,209
-
Robert TaylorROBERT TAYLOR
MANAGER/MEMBER SERVICES
- Total calculated
- $178,879
- From this org
- $135,585
- From related orgs
- $0
- Other
- $43,294
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $134,904
- Bonus
- $0
- Other
- $681
- Deferred
- $15,250
- Nontaxable benefits
- $28,044
- Filer's total
- $178,879
-
Chase GainesCHASE GAINES
CREW FOREMAN
- Total calculated
- $171,749
- From this org
- $130,355
- From related orgs
- $0
- Other
- $41,394
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $129,644
- Bonus
- $0
- Other
- $711
- Deferred
- $12,135
- Nontaxable benefits
- $29,259
- Filer's total
- $171,749
-
Gregory FrentressGREGORY FRENTRESS
CREW FOREMAN
- Total calculated
- $163,544
- From this org
- $130,091
- From related orgs
- $0
- Other
- $33,453
- Hours/week
- 45
Schedule J breakdown matched by us
- Base
- $129,956
- Bonus
- $0
- Other
- $135
- Deferred
- $12,453
- Nontaxable benefits
- $21,000
- Filer's total
- $163,544
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
MOUNTAIN PARKS ELECTRIC CHARITABLE TRUST
501(C)(3) · DISBURSEMENT OF FUNDS FOR CHARITABLE PURPOSES IN THE COOP'S SERVICE AREA · CO · controlled entity
Directly controlled by MOUNTAIN PARKS ELECTRIC INC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
MOUNTAIN PARKS SERVICES INC
C · SOLAR POWER · CO · 100% owned · share of income $273,448 · share of assets $2,686,127 · controlled entity
Directly controlled by MOUNTAIN PARKS ELECTRIC INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333179349301968
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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