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Nonprofiteer
← MOUNTAIN VIEW ELECTRIC ASSOC INC

Form 990 for tax year 2022

Filed by MOUNTAIN VIEW ELECTRIC ASSOC INC.

Totals

Total revenue
$128,313,383
Total expenses
$128,313,383
Contributions and grants received
$0
Grants paid
$16,292
Program service revenue
$127,842,141
Investment income
$330,021
Other revenue
$141,221
Total assets, end of year
$413,173,775
Total liabilities, end of year
$266,946,465
Net assets or fund balances, end of year
$146,227,310
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Listed in Part VII

  • RICKY GORDON

    DIRECTOR

    Total calculated
    $15,800
    From this org
    $15,800
    From related orgs
    $0
    Other
    $0
    Hours/week
    4.8

  • EDWARD HERTNEKY

    DIRECTOR

    Total calculated
    $19,400
    From this org
    $19,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.1

  • JOSEPH MARTIN

    PRESIDENT

    Total calculated
    $25,375
    From this org
    $25,375
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.1

  • MILTON MATHIS

    DIRECTOR

    Total calculated
    $20,900
    From this org
    $20,900
    From related orgs
    $0
    Other
    $0
    Hours/week
    6.5

  • KEVIN PADDOCK

    SECRETARY/TREASURER

    Total calculated
    $27,844
    From this org
    $27,844
    From related orgs
    $0
    Other
    $0
    Hours/week
    10.1

  • JAMES RIGGINS

    ASSISTANT SECRETARY

    Total calculated
    $27,200
    From this org
    $27,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    10.2

  • BARRY SPRINGER

    VICE PRESIDENT

    Total calculated
    $32,300
    From this org
    $32,300
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • JIM HERRON

    CEO (JAN-JUNE)

    Total calculated
    $547,803
    From this org
    $440,418
    From related orgs
    $0
    Other
    $107,385
    Hours/week
    62

    Schedule J breakdown matched by us

    Base
    $171,793
    Bonus
    $150
    Other
    $268,475
    Deferred
    $92,436
    Nontaxable benefits
    $14,949
    Filer's total
    $547,803

  • RUTH MARKS

    CEO (JULY-DEC)

    Total calculated
    $208,013
    From this org
    $125,373
    From related orgs
    $0
    Other
    $82,640
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $124,190
    Bonus
    $0
    Other
    $1,183
    Deferred
    $67,914
    Nontaxable benefits
    $14,726
    Filer's total
    $208,013

  • RANDY PENN

    FINANCE MANAGER

    Total calculated
    $296,881
    From this org
    $191,778
    From related orgs
    $0
    Other
    $105,103
    Hours/week
    41

    Schedule J breakdown matched by us

    Base
    $188,981
    Bonus
    $150
    Other
    $2,647
    Deferred
    $63,119
    Nontaxable benefits
    $41,984
    Filer's total
    $296,881

  • DAVID WALDNER

    ENGINEERING MANAGER

    Total calculated
    $400,882
    From this org
    $206,123
    From related orgs
    $0
    Other
    $194,759
    Hours/week
    48

    Schedule J breakdown matched by us

    Base
    $196,586
    Bonus
    $150
    Other
    $9,387
    Deferred
    $157,967
    Nontaxable benefits
    $36,792
    Filer's total
    $400,882

  • AMANDA HALL

    ADMINISTRATIVE MANAGER

    Total calculated
    $222,703
    From this org
    $193,209
    From related orgs
    $0
    Other
    $29,494
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,610
    Bonus
    $150
    Other
    $10,449
    Deferred
    $3,691
    Nontaxable benefits
    $25,803
    Filer's total
    $222,703

  • DAVID WILLIAMS

    OPERATIONS SUPERINTENDENT

    Total calculated
    $279,303
    From this org
    $165,060
    From related orgs
    $0
    Other
    $114,243
    Hours/week
    51

    Schedule J breakdown matched by us

    Base
    $158,602
    Bonus
    $150
    Other
    $6,308
    Deferred
    $78,743
    Nontaxable benefits
    $35,500
    Filer's total
    $279,303

  • JASON MATZKE

    OPERATIONS SUPERINTENDENT

    Total calculated
    $265,198
    From this org
    $170,065
    From related orgs
    $0
    Other
    $95,133
    Hours/week
    49

    Schedule J breakdown matched by us

    Base
    $163,113
    Bonus
    $150
    Other
    $6,802
    Deferred
    $64,816
    Nontaxable benefits
    $30,317
    Filer's total
    $265,198

  • NATHANIAL OURSLER

    INFORMATION TECH MANAGER

    Total calculated
    $250,854
    From this org
    $191,299
    From related orgs
    $0
    Other
    $59,555
    Hours/week
    41

    Schedule J breakdown matched by us

    Base
    $190,747
    Bonus
    $150
    Other
    $402
    Deferred
    $31,904
    Nontaxable benefits
    $27,651
    Filer's total
    $250,854

  • TERRYL JENSEN

    VP OPERATIONS

    Total calculated
    $345,076
    From this org
    $189,431
    From related orgs
    $0
    Other
    $155,645
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $187,511
    Bonus
    $150
    Other
    $1,770
    Deferred
    $117,229
    Nontaxable benefits
    $38,416
    Filer's total
    $345,076

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

The filer's explanations (Part III)

PART II, COLUMN C:
INCLUDED IN THIS AMOUNT IS THE INCREASE IN ACTUARIAL VALUE OF BENEFITS PAYABLE UNDER A DEFINED BENEFIT RETIREMENT PLAN. THE CONTRIBUTION RATE FOR PARTICIPANTS IN THE NRECA R&S DEFINED BENEFIT PENSION PLAN ARE THE SAME FOR ALL INDIVIDUALS IN THIS MULTI-EMPLOYER PLAN. THE CHANGE IN ACTUARIAL VALUE FOR EACH PARTICIPANT, HOWEVER, VARIES WITH AGE, YEARS OF SERVICE AND THE CURRENT INTEREST RATE ENVIRONMENT. IN OTHER WORDS, THE OLDER A PLAN PARTICIPANT IS, THE GREATER THE INCREASE IN THAT INDIVIDUAL'S CHANGE IN ACTUARIAL VALUE, ALL OTHER THINGS BEING EQUAL. BECAUSE THIS RELATES TO A MULTI-EMPLOYER PLAN, CASH CONTRIBUTIONS TO THE PLAN IN LIEU OF THE ACTUARIAL INCREASE ARE EXPENSED IN THE FINANCIAL STATEMENTS. JIM HERRON: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 88,978 EMPLOYER CONTRIBUTION TO 401(K) PLAN 3,458 TOTAL REPORTED IN COLUMN C $ 92,436 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (88,978) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 40,237 EXPENSE TO THE COOPERATIVE $ 43,695 DAVID WALDNER: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $153,831 EMPLOYER CONTRIBUTION TO 401(K) PLAN 4,136 TOTAL REPORTED IN COLUMN C $157,967 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (153,831) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 57,380 EXPENSE TO THE COOPERATIVE $ 61,516 TERRYL JENSEN: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $113,298 EMPLOYER CONTRIBUTION TO 401(K) PLAN 3,931 TOTAL REPORTED IN COLUMN C $117,229 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (113,298) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 35,230 EXPENSE TO THE COOPERATIVE $ 39,161 RANDY PENN: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 59,183 EMPLOYER CONTRIBUTION TO 401(K) PLAN 3,936 TOTAL REPORTED IN COLUMN C $ 63,119 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (59,183) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 35,865 EXPENSE TO THE COOPERATIVE $ 39,801 DAVID WILLIAMS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 75,967 EMPLOYER CONTRIBUTION TO 401(K) PLAN 2,776 TOTAL REPORTED IN COLUMN C $ 78,743 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (75,967) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 38,861 EXPENSE TO THE COOPERATIVE $ 41,637 JASON MATZKE: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 62,136 EMPLOYER CONTRIBUTION TO 401(K) PLAN 2,680 TOTAL REPORTED IN COLUMN C $ 64,816 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (62,136) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 33,705 EXPENSE TO THE COOPERATIVE $ 36,385 NATHANIAL OUSLER: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 28,050 EMPLOYER CONTRIBUTION TO 401(K) PLAN 3,854 TOTAL REPORTED IN COLUMN C $ 31,904 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (28,050) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 26,364 EXPENSE TO THE COOPERATIVE $ 30,218 AMANDA HALL: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ (0) EMPLOYER CONTRIBUTION TO 401(K) PLAN 3,691 TOTAL REPORTED IN COLUMN C $ 3,691 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (0) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 28,041 EXPENSE TO THE COOPERATIVE $ 31,732 RUTH MARKS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 66,664 EMPLOYER CONTRIBUTION TO 401(K) PLAN 1,250 TOTAL REPORTED IN COLUMN C $ 67,914 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN (66,664) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN 23,898 EXPENSE TO THE COOPERATIVE $ 25,148

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

Provenance

Return type
form_990
Tax year
2022
Filed
3 November 2023
IRS schema version
2022v5.0
Source object
202323119349303327

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