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
2019
Open to Public
Inspection
Name of the organization
WESTERN IOWA POWER COOPERATIVE
 
Employer identification number

39-1884367
Return Reference Explanation
FORM 990, PART VI, SECTION A, LINE 6 WESTERN IOWA POWER COOPERATIVE HAS ONE CLASS OF MEMBERSHIP.
FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF WESTERN IOWA POWER COOPERATIVE SHALL VOTE BY BALLOT AND EACH VOTING MEMBER SHALL BE ENTITLED TO CAST ONE BALLOT FOR EACH DIRECTOR TO BE ELECTED. THE NOMINATING COMMITTEE SHALL NOMINATE AT LEAST TWO CANDIDATES FOR ELECTION TO THE BOARD OF DIRECTORS. THE NUMBER OF DIRECTORS SHALL BE EQUAL TO THE NUMBER OF DIRECTORS WHOSE TERMS EXPIRE AND THE DIRECTOR SHALL BE ELECTED TO A TERM OF THREE (3) YEARS.
FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE BOARD OF DIRECTORS OF WESTERN IOWA POWER COOPERATIVE ARE SUBJECT TO APPROVAL OF THE MEMBERSHIP WHEN THE DECISION IS A CHANGE TO THE ARTICLES OF INCORPORATION.
FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES WITH BOARD AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO WESTERN IOWA POWER COOPERATIVE'S BOARD AT THE MONTHLY BOARD MEETING. ALL PAGES ARE REVIEWED AND COMMENTS ARE ALLOWED FROM THE DIRECTORS DURING THE PROCESS.
FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND GENERAL MANAGER ARE REQUIRED TO FILL OUT A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY. THE BOARD PRESIDENT AND THE GENERAL MANAGER REVIEW POTENTIAL CONFLICTS AND MAKE A DECISION AS TO WHETHER A CONFLICT EXISTS. IF A CONFLICT EXISTS CONCERNING A BOARD MEMBER, THE BOARD MEMBER WILL ABSTAIN FROM DISCUSSION AND VOTING. IF A CONFLICT EXISTS CONCERNING AN EMPLOYEE, THE MANAGER WILL TAKE THE APPROPRIATE ACTION WITH THE EMPLOYEE.
FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION OF THE TOP MANAGEMENT OFFICIAL OF WESTERN IOWA POWER COOPERATIVE CONSISTS OF: THE USE OF SALARY SURVERYS FROM NRECA (AN ASSOCIATED ORGANIZATION), IOWA WORKFORCE DATA, AND FORM 990 COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. THIS BOARD OF DIRECTORS REVIEWS AND APPROVES THE CEO'S COMPENSATION. THIS PROCESS IS DOCUMENTED IN THE MEETING MINUTES.
FORM 990, PART VI, SECTION C, LINE 19 THE COOPERATIVE HAS A POLICY FOR "INSPECTION OF COOPERATIVE BOOKS AND RECORDS." THE COOPERATIVE WILL PROVIDE COPIES OF THOSE ITEMS THAT FALL UNDER THE PUBLIC DISCLOSURE REQUIREMENTS OF THE IRS. COOPERATIVE BOOKS AND RECORDS WILL NOT BE REMOVED FROM THE COOPERATIVE PROPERTY.
FORM 990, PART XI, LINE 9: PATRONAGE ALLOCATION 1,150,000. RETIREMENT OF CAPITAL CREDITS -307,999. OTHER CHANGES IN NET ASSETS 19,187.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2019


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