TY 2023 Form 990 Schedule O

efile Public Visual Render ObjectId: 202421179349300027 - Submission: 2024-04-26 TIN: 39-0585072

SCHEDULE O
(Form 990)

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.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization

ST CROIX ELECTRIC COOPERATIVE

Employer identification number

39-0585072

Return Reference	Explanation
FORM 990, PAGE 6, PART VI, LINE 6	THE COOPERATIVE ASSOCIATION IS ORGANIZED WITHOUT CAPITAL STOCK AND THERE IS ONLY ONE CLASS OF MEMBERS WITH RESPECT TO VOTING INTERESTS.
FORM 990, PAGE 6, PART VI, LINE 7A	THE MEMBERS FROM WITHIN EACH DISTRICT OF THE COOPERATIVE SHALL ELECT A DIRECTOR TO SERVE FOR A THREE YEAR TERM COMMENCING AT THE DATE OF THE ANNUAL MEETING OF THE MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 7B	EACH MEMBER SHALL BE ENTITLED TO ONE VOTE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 11B	THE PRESIDENT/CEO AND THE FINANCE AND ADMINISTRATION MANAGER REVIEW THE FORM 990 BEFORE IT IS FILED. THE BOARD OF DIRECTORS ALSO REVIEW THE FORM 990, BEFORE IT IS FILED.
FORM 990, PAGE 6, PART VI, LINE 12C	A COPY OF THE CONFLICT OF INTEREST POLICY WAS GIVEN TO EACH CURRENT EMPLOYEE AND DIRECTOR AS WELL AS EACH NEW EMPLOYEE AND DIRECTOR. THE CONFLICT OF INTEREST POLICY IS A SELF-POLICING POLICY IN WHICH IT IS THE RESPONSIBILITY OF EACH EMPLOYEE/DIRECTOR TO COME FORWARD WITH ANY POTENTIAL CONFLICTS WHENEVER THEY OCCUR. THE WHISTLEBLOWER POLICY SUPPORTS THE ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY BY ENCOURAGING ALL EMPLOYEES/DIRECTORS TO REPORT CONFLICTS OF INTEREST AND QUESTIONABLE BEHAVIOR.
FORM 990, PAGE 6, PART VI, LINE 15A	THE BOARD OF DIRECTORS DOES A COMPARISON AND ANALYSIS WITH OTHER SIMILAR POSITIONS IN DETERMINING THE COMPENSATION FOR THE PRESIDENT/CEO. AN INDEPENDENT COMPANY SUPPLIES WAGE AND SALARY INFORMATION EVERY FEW YEARS.
FORM 990, PAGE 6, PART VI, LINE 15B	AN INDEPENDENT COMPANY SUPPLIES WAGE AND SALARY INFORMATION EVERY FEW YEARS. MANAGEMENT DOES A COMPARISON AND ANALYSIS OF THE INFORMATION PROVIDED. THE BOARD OF DIRECTORS APPROVE A ANNUAL WAGE PLAN IN AGGREGATE EACH YEAR.
FORM 990, PAGE 6, PART VI, LINE 19	THE COOPERATIVE MAKES DOCUMENTATION AVAILABLE TO THE PUBLIC UPON REQUEST. COPIES ARE AVAILABLE AT THE OFFICE IN HAMMOND, WI.
FORM 990, PART XI, LINE 9	CAPITAL CREDITS ALLOCATED 1,560,090 MEMBERSHIPS ISSUED 585 REVENUE OF TAXABLE SUBSIDIARY 123,662 REVENUE OF TAXABLE LLC SUBSIDIARY 1,434 RETIRED CAPITAL CREDITS -1,084,545 EXPENSES OF TAXABLE SUBSIDIARY -141,543 EXPENSES OF TAXABLE LLC SUBSIDIARY -4,978 TOTAL 454,705

Return Reference

Explanation

FORM 990, PAGE 6, PART VI, LINE 6

THE COOPERATIVE ASSOCIATION IS ORGANIZED WITHOUT CAPITAL STOCK AND THERE IS ONLY ONE CLASS OF MEMBERS WITH RESPECT TO VOTING INTERESTS.

FORM 990, PAGE 6, PART VI, LINE 7A

THE MEMBERS FROM WITHIN EACH DISTRICT OF THE COOPERATIVE SHALL ELECT A DIRECTOR TO SERVE FOR A THREE YEAR TERM COMMENCING AT THE DATE OF THE ANNUAL MEETING OF THE MEMBERS.

FORM 990, PAGE 6, PART VI, LINE 7B

EACH MEMBER SHALL BE ENTITLED TO ONE VOTE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS.

FORM 990, PAGE 6, PART VI, LINE 11B

THE PRESIDENT/CEO AND THE FINANCE AND ADMINISTRATION MANAGER REVIEW THE FORM 990 BEFORE IT IS FILED. THE BOARD OF DIRECTORS ALSO REVIEW THE FORM 990, BEFORE IT IS FILED.

FORM 990, PAGE 6, PART VI, LINE 12C

A COPY OF THE CONFLICT OF INTEREST POLICY WAS GIVEN TO EACH CURRENT EMPLOYEE AND DIRECTOR AS WELL AS EACH NEW EMPLOYEE AND DIRECTOR. THE CONFLICT OF INTEREST POLICY IS A SELF-POLICING POLICY IN WHICH IT IS THE RESPONSIBILITY OF EACH EMPLOYEE/DIRECTOR TO COME FORWARD WITH ANY POTENTIAL CONFLICTS WHENEVER THEY OCCUR. THE WHISTLEBLOWER POLICY SUPPORTS THE ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY BY ENCOURAGING ALL EMPLOYEES/DIRECTORS TO REPORT CONFLICTS OF INTEREST AND QUESTIONABLE BEHAVIOR.

FORM 990, PAGE 6, PART VI, LINE 15A

THE BOARD OF DIRECTORS DOES A COMPARISON AND ANALYSIS WITH OTHER SIMILAR POSITIONS IN DETERMINING THE COMPENSATION FOR THE PRESIDENT/CEO. AN INDEPENDENT COMPANY SUPPLIES WAGE AND SALARY INFORMATION EVERY FEW YEARS.

FORM 990, PAGE 6, PART VI, LINE 15B

AN INDEPENDENT COMPANY SUPPLIES WAGE AND SALARY INFORMATION EVERY FEW YEARS. MANAGEMENT DOES A COMPARISON AND ANALYSIS OF THE INFORMATION PROVIDED. THE BOARD OF DIRECTORS APPROVE A ANNUAL WAGE PLAN IN AGGREGATE EACH YEAR.

FORM 990, PAGE 6, PART VI, LINE 19

THE COOPERATIVE MAKES DOCUMENTATION AVAILABLE TO THE PUBLIC UPON REQUEST. COPIES ARE AVAILABLE AT THE OFFICE IN HAMMOND, WI.

FORM 990, PART XI, LINE 9

CAPITAL CREDITS ALLOCATED 1,560,090 MEMBERSHIPS ISSUED 585 REVENUE OF TAXABLE SUBSIDIARY 123,662 REVENUE OF TAXABLE LLC SUBSIDIARY 1,434 RETIRED CAPITAL CREDITS -1,084,545 EXPENSES OF TAXABLE SUBSIDIARY -141,543 EXPENSES OF TAXABLE LLC SUBSIDIARY -4,978 TOTAL 454,705

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2023

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