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Nonprofiteer
← COLUMBIA BASIN ELECTRIC COOPERATIVE INC

Form 990 for tax year 2022

Filed by COLUMBIA BASIN ELECTRIC COOPERATIVE INC.

Totals

Total revenue
$11,086,251
Total expenses
$11,086,251
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$11,020,058
Investment income
$23,233
Other revenue
$42,960
Total assets, end of year
$25,698,501
Total liabilities, end of year
$9,098,675
Net assets or fund balances, end of year
$16,599,826
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$11,086,251

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: Sale of Electrical Energy

    total $11,020,058 · related or exempt $11,020,058 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $23,233 · related or exempt $23,233 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11a · Other revenue: Miscellaneous Revenue

    total $42,960 · related or exempt $42,960 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $42,960

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $374,892

  • 5 · Compensation of officers, directors and key employees

    total $919,325

  • 6 · Compensation of disqualified persons

    total $804,075

  • 11a · Fees: management

    total $26,060

  • 11b · Fees: legal

    total $115,550

  • 11c · Fees: accounting

    total $14,400

  • 13 · Office expenses

    total $75,320

  • 20 · Interest

    total $295,946

  • 22 · Depreciation, depletion and amortization

    total $1,258,067

  • 24a · Other expenses: Purchase of Electricity

    total $5,365,411

  • 24b · Other expenses: Maintenance of System

    total $872,464

  • 24c · Other expenses: Distr Exp for Station/OH Line & UGD Line

    total $634,688

  • 24d · Other expenses: Property and Utility Taxes

    total $243,620

  • 24e · All other expenses

    total $86,433

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $979,377 · end of year $824,083

  • 2 · Savings and temporary cash investments

    beginning of year $7,253 · end of year $5,838

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $892,694 · end of year $1,276,907

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $570,736 · end of year $759,273

  • 9 · Prepaid expenses and deferred charges

    beginning of year $52,719 · end of year $51,874

  • 10a · Land, buildings and equipment: cost or other basis

    $39,769,348

  • 10b · Land, buildings and equipment: accumulated depreciation

    $20,624,542

  • 10c · Land, buildings and equipment, net

    beginning of year $21,941,949 · end of year $19,144,806

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $819,667 · end of year $839,010

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $979,880 · end of year $2,796,710

  • 17 · Accounts payable and accrued expenses

    beginning of year $802,521 · end of year $799,314

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $7,947,142 · end of year $7,440,622

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $858,711 · end of year $858,739

  • 29 · Capital stock, trust principal or current funds

    beginning of year $2,686 · end of year $2,718

  • 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 $16,633,215 · end of year $16,597,108

Mission and programs · 2022

Mission

To distribute electrical power, on a cooperative basis, to our consumer owner/members, at the most affordable cost while providing a high level of confidence and reliability.

Activities or mission (Part I)

Columbia Basin Electric Cooperative, Inc mission is to distribute electrical power, on a cooperative basis, to our consumer owner/members, at the most affordable cost while providing a high level of confidence and reliability.

  • The sale of Electrical Energy: KwH Sold 125,970,372 Consumers: 3,984

    Expenses $11,086,251 · Revenue $11,086,251

As filed on the 2022 return.

Listed in Part VII

  • Andy R Fletcher

    General Manager & CEO

    Total calculated
    $166,541
    From this org
    $166,541
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,835
    Bonus
    $0
    Other
    $706
    Deferred
    $0
    Nontaxable benefits
    $39,867
    Filer's total
    $206,408

  • Brian K Kollman

    Operations Manager

    Total calculated
    $165,213
    From this org
    $165,213
    From related orgs
    $0
    Other
    $0
    Hours/week
    41.17

    Schedule J breakdown matched by us

    Base
    $160,895
    Bonus
    $0
    Other
    $4,318
    Deferred
    $0
    Nontaxable benefits
    $39,706
    Filer's total
    $204,919

  • Tate Gentry

    Journeyman Lineman

    Total calculated
    $144,799
    From this org
    $144,799
    From related orgs
    $0
    Other
    $0
    Hours/week
    50.22

  • James Schlaich

    Foreman

    Total calculated
    $143,349
    From this org
    $143,349
    From related orgs
    $0
    Other
    $0
    Hours/week
    46.71

  • Joshua Winters

    Serviceman

    Total calculated
    $133,284
    From this org
    $133,284
    From related orgs
    $0
    Other
    $0
    Hours/week
    46.6

  • John Irzyk

    Serviceman

    Total calculated
    $129,339
    From this org
    $129,339
    From related orgs
    $0
    Other
    $0
    Hours/week
    42.98

  • Gerald L Arnson

    President

    Total calculated
    $10,650
    From this org
    $10,650
    From related orgs
    $0
    Other
    $0
    Hours/week
    6.06

  • Lori A Anderson

    Secretary - Retired 2022

    Total calculated
    $9,850
    From this org
    $9,850
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.48

  • Frank Jaeger

    Director

    Total calculated
    $5,750
    From this org
    $5,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.17

  • Stacie Ekstrom

    Secretary

    Total calculated
    $2,800
    From this org
    $2,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.97

  • Deacon J Heiderman

    Treasurer

    Total calculated
    $2,750
    From this org
    $2,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.92

  • John V Qualls

    Vice President

    Total calculated
    $2,750
    From this org
    $2,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.89

  • Todd Lindsay

    Director

    Total calculated
    $2,250
    From this org
    $2,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.78

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 committee
  • 3 · Form 990 of other organizations
  • 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

The filer's explanations (Part III)

Schedule J, Part I, Line 3
The Board of Directors meets on an annual basis to conduct an annual performance review of the CEO/General Manager. The Compensation Committee reviews studies completed by ORECA on compensation from like kind cooperatives in the state of Oregon (under 10,000 meters) and 990 Forms. The Compensation Committee then returns with their recommendation to the entire Board for final approval of compensation for the CEO/General Manager.

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.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • Columbia Fiber LLC

    Fiber Internet Provider · OR · income $0 · assets $0

    Directly controlled by Columbia Basin Electric Cooperative Inc

Provenance

Return type
form_990
Tax year
2022
Filed
2 May 2023
IRS schema version
2022v5.0
Source object
202341289349300144

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