SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2017
Open to Public
Inspection
Name of the organization
Niobrara Electric Association Inc
 
Employer identification number

83-0164125
Return Reference Explanation
Form 990, Part V, Line 3b: Reason For Not Filing Form 990-T The operation does not constitute a trade or business (as defined in the instructions of the Form 990) as there is no motive to make a profit and the net income for the past several years were losses. If the intent changes or the operation nets a profit, the Cooperative will file the necessary Form 990-T.
Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Members are businesses and individuals which receive electric service from the cooperative.
Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Each member, who is not in a status of suspension, shall be entitled to vote in the election of the Board of Directors. Elections are held every year at the annual meeting and must be cast in person.
Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders In addition to voting for the Board of Directors, members are entitled to vote upon any matter submitted at any meeting of the members, such as changes in the bylaws.
Form 990, Part VI, Line 11b: Form 990 Review Process After the Form 990 has been prepared by the independent accountants, the General Manager reviews the form with the Bookkeeper for accuracy and completeness before it is filed.
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Any interested party must make their request in writing prior to coming into the office to view documents.
Other Changes In Net Assets Or Fund Balances - Other Increases Assignment of prior year margins = $1819064
Other Changes In Net Assets Or Fund Balances - Other Increases Capital credit gains = $473532
Other Changes In Net Assets Or Fund Balances - Other Decreases Donated capital = -$4988
Other Changes In Net Assets Or Fund Balances - Other Decreases Impairment of assets = -$80329
Other Changes In Net Assets Or Fund Balances - Other Decreases Memberships = -$105
Other Changes In Net Assets Or Fund Balances - Other Decreases Retirement of capital credits = -$674299
Form 990, Part IX, Line 4 - Explanation of Benefits Paid to Members The Cooperative has interpreted the instructions for Part IX, Line 4 of the Form 990, regarding patronage dividends paid, to include the assignment of the prior year margins to members during the tax year.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2017


Additional Data


Software ID: 17005038
Software Version: 2017v2.2