2024-09-27T19:50:19-04:00 2023-12-31 743040374 Kelso Lynch PC PA 6700 Squibb Rd Ste 215 Mission KS 662023252 990 2023-01-01 840313075 Sangre de Cristo Electric Association Inc SANG 29780 US Highway 24 Buena Vista CO 812112013 Gary Kelly CEOCOO 7193952412 2024-09-27 true true George Lynch P00187596 9138311150 2024-09-27 2023 2024-10-15 13:58:12Z Gary Kelly 23942084 false X www.myelectric.coop X 1940 CO To provide reliable electric power and related services to our members at the most affordable cost. 7 7 52 204971 0 0 22728021 23393549 65990 391655 2273 69409 22796284 23854613 0 1062172 1142767 2095483 2248410 0 0 19632851 20463436 22790506 23854613 5778 0 71370750 73032975 46833099 47618080 24537651 25414895 To provide reliable electric power and related services to our members at the most affordable cost. false false Sangre de Cristo Electric Association is an electric distribution cooperative that provided electricity to approximately 14,500 services of its members located in Colorado. false false false false false false false false true false true false true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 31 0 true 52 true true true false false false false 25638022 871190 false false false X 7 7 false false false false true true false true true false false false true true true false false true true false X Sarah Crites 7193952412 29780 US Highway 24 Buena Vista CO 812112013 Gary Kelly COOCEO 44.00 0.00 X 263701 0 90638 Paul A Erickson CEO Jan-April 40.00 0.00 X 226107 0 121500 Sarah McMahon CAO 40.00 0.00 X 225580 0 71882 Sarah Crites Manager of Finance 43.00 0.00 X 172105 0 68654 Cory Wagner Working Foreman 46.00 0.00 X 145154 0 50133 Preston Ellis Working Foreman 45.00 0.00 X 137852 0 50194 Matthew Shepherd Lead Lineman 46.00 0.00 X 134940 0 42993 Lucas Montgomery Lead Lineman 47.00 0.00 X 143742 0 32539 Joshua Saar Lead Lineman 45.00 0.00 X 135818 0 36478 Sandra Attebery Chair 10.00 0.00 X 15200 0 0 Dan Daly Treasurer 5.00 0.00 X 14200 0 0 Joseph Redetzke Chair 13.00 0.00 X 12800 0 0 Charles A Abel Vice Chair 5.00 0.00 X 12350 0 0 Blake Bennetts Secretary 4.00 0.00 X 10525 0 0 Nicholas Hellbusch Director 4.00 0.00 X 10450 0 0 Michael Robinson Director 9.00 0.00 X 8500 0 0 Mark W Boyle Treasurer 8.00 0.00 X 7250 0 0 Jeffrey Fiedler Director 10.00 0.00 X 7125 0 0 1683399 0 565011 24 true true false Integrity Tree Service 2300 Sanford Ave SW Grandville MI 49418 Tree Trimming 2068829 Lowry Contracting 7693 Highway 285 Salida CO 81201 Trenching 508785 NISC P O Box 1147 Mandan ND 58554 Software Provider 271218 Altitude Energy LLC P O Box 359 Keenesburg CO 80643 Work Plan Contract 740070 NRTC P O Box 716510 Philadelphia PA 19171 Broadband 160000 6 Sale of Electricity 221000 22837049 22837049 Capital Credits 221000 415791 415791 Miscelleous Electric 221000 140709 140709 23393549 186684 186684 26868 26868 26868 26868 292442 87471 204971 204971 204971 Non-Operating 221000 42541 42541 42541 23854613 23436090 204971 213552 X 1142767 1338567 909843 1391682 2471709 Cost of Power 10708273 10708273 Distribution Expense 2722381 2722381 Admin & General 1912327 1912327 Member Services 1110882 1110882 146182 23854613 0 0 0 1979989 892817 340000 340000 2775027 2678106 2429546 2703149 1412527 1559697 81578885 28674708 50486651 52904177 11947010 11955029 71370750 73032975 3272294 2970846 40938472 42036332 2622333 2610902 46833099 47618080 X 394657 432919 24142994 24981976 24537651 25414895 71370750 73032975 X 0 877244 X false true X true 269184 269184 5172517 2103280 3069237 76137184 26571428 49565756 52904177 Investments in Associated Organizat 10920685 C Non-Utility Property 397143 C Subordinated Certificates 377101 C Other Investments 260100 C 11955029 Deferred Credits 2610902 2610902 X 23854613 23854613 23854613 22711846 22711846 1142767 1142767 23854613 Other expenses included on Form 990 (Part XII, line 4b) CY Margins Assigned to Members $432,872CY Margins Not Assigned to Members $709,895 Footnote for uncertain tax position under FIN 48 (Part X) An evaluation of whether or not it has any uncertain tax positions isdetermined on an annual basis by the Cooperative. While the Cooperativebelieves it has adequately provided for all tax positions, amounts assertedby taxing authorities could be different than the positions taken by theCooperative. The Cooperative recognizes any interest and penalties inincome tax expense and, with few exceptions, is no longer subject tofederal, state, or local income tax examinations by tax authorities foryears before 2020. X X false false false Lucas Montgomery Lead Lineman 143742 11441 21098 176281 Gary Kelly COOCEO 263701 68300 22338 354339 Paul A Erickson CEO Jan-April 226107 113559 7941 347607 Sarah McMahon CAO 225580 53239 18643 297462 Cory Wagner Working Foreman 145154 38276 11857 195287 Sarah Crites Manager of Finance 172105 46970 21684 240759 Matthew Shepherd Lead Lineman 134940 21821 21172 177933 Preston Ellis Working Foreman 137852 28949 21245 188046 Joshua Saar Lead Lineman 135818 15306 21172 172296 Members or stockholder classes and rights Part VI line 6 Sangre de Cristo is a member owned electric cooperative. Member election for additional members Part VI line 7a Members are allowed to cast a vote in the election of board members. Form 990 governing body review Part VI line 11 The CEO and Manager of Finance review and approve the 990 before submittal. The 990 is available to the Board after it has been submitted. Conflict of interest policy compliance Part VI line 12c Policy A-18 requires directors and the CEO to disclose in writing, any Conflict, Potential Conflict or Appearance of Conflict as soon as the director or CEO identifies that there may be any one of those. Further, each director and the CEO are required to annually disclose all Conflicts of Interest in writing on SDCEAs Conflict of Interest Certification and Disclosure Form. The annual disclosure is completed in July. Policy E-24 requires the same of employees other than the CEO and the annual disclosure will be completed at date of hire and in July. CEO executive director top management comp Part VI line 15a The board uses the Employers Counsel pay data survey, the Colorado Rural Electric Association Pay Data Survey, the NRECA market survey, and performance evaluations to determine key employee compensation. Other officer or key employee compensation Part VI line 15b The board uses the Employers Counsel pay data survey, the Colorado Rural Electric Association Pay Data Survey, the NRECA market survey, and performance evaluations to determine key employee compensation. Governing documents etc available to public Part VI line 19 Bylaws are offered to all new members; all other documents are available at any time upon request. Explanation of other changes in net assets or fund balances Part XI line 9 CY Margins Assigned to Members $ 432,872CY Margins Not Assigned to Members $ 709,895Other Changes $ 38,264Retirement of Capital Credits $ -303,787 Total $ 877,244 Part IX response or note to any line in Part IX Form 990, Part IX, Line 4The instructions to the 2023 Form 990 indicate that organizations exempt under Section 501(c)(12) should report patronage dividends paid to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words patronage dividends paid in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net operating margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net operating margins assignable to the members for the calendar year ended December 31, 2023. Sangre De Cristo Elect Op Round Up 29780 US Hwy 24 N Buena Vista CO 81211 201498404 Community Assistance CO 501c3 7 Sangre de Cristo Electric Association I false false false false false false false false false false false false false false false false false false false false