Prairie Power Inc

“*jim thompson has or had a business relationship with tom travis, laura meyer, and brent clair. *amy borntrager has or had a business relationship with kent metzger and tom sherman. *robert hunzinger has or had a business relationship with chad larimore and kevin moore. *randy long has or had a business relationship with thomas meehan iii, julia eberlin, and jim freeman. *mike casper has or had a business relationship with robert kuhns, allen hendren, and jerry meyer. *robert smith has or had a business relationship with jerry riggins, david lueck, and jeff moore. *alisha anker has or had a business relationship with gary martin and steve worner. *josh shallenberger has or had a business relationship with brent lively and robert holthaus. *josh dewees has or had a business relationship with jack clark, lyle nelson, and wesley strode. *todd grotts has or had a business relationship with janet spory and jay morrison.”

“The organization has one class of members that consist of ten electric distribution cooperatives in illinois.”

“Each distribution cooperative member of ppi nominates two persons to serve as directors of ppi and one person to serve as an alternate director of ppi to act in the absence of a director. The members of ppi elect the directors and alternate directors at the annual meeting of members of ppi.”

“Certain actions of ppi, e.g. Merger, consolidation or sale of substantially all of the assets of ppi outside of the ordinary course of business, require approval of ppi's electric distribution cooperative members.”

“Prior to filing, the form 990 was reviewed by management of ppi. In addition, the form 990 was reviewed by the ppi finance/legal committee, which reported on this review to the full board of directors. After the review, every member of the board of directors was provided with a copy of the form 990.”

“Ppi's legal counsel annually reviews the conflict of interest policy with the officers, directors, and key employees. Each director, officer, and key employee must annually complete, sign, and submit the conflict of interest certification and disclosure form to the chairman or president/ceo. If the chairman or president/ceo receives a form disclosing any information or fact that could impact a director's compliance with the policy, the chairman must distribute the form to the board. If the chairman or president/ceo discovers any other information or fact, the chairman must disclose this to the board. Upon receiving or discovering any information or fact that could impact a director's compliance with the policy, the board must provide the director an opportunity to comment orally and in writing regarding the information or fact, and an opportunity to be represented by legal counsel; and determine whether the director complies with this policy. If the board determines that a director does not comply with this policy, then the board must provide the director an opportunity to comply with the policy within thirty days; and if the director does not comply with the policy within thirty days, then, as allowed by law, the board must sanction, disqualify, and/or seek the removal of the director.”

“The president and ceo has a written employment contract approved by the board of directors. Annually this employment contract is reviewed and may be revised. In establishing the compensation for the president and ceo, the board of directors reviews information available through industry organizations, including the national rural electric cooperative association. The president and ceo review is conducted annually by the board of directors. The salaries of other staff officers and key employees are determined by the president and ceo. The president and ceo are provided numerous wage surveys as guidance. Additionally, the ppi board of directors approves an annual budget. The president and ceo are to determine salaries within the budget amount provided by the board. These compensation reviews are conducted annually by the supervisors and president/ceo.”

“Prairie power, inc. Maintains its governing documents, conflict of interest policy and financial statements in a central location at the organization's headquarters. These documents are available upon request.”

“Per the instructions to form 990 part vii and schedule j, the amount reported in deferred compensation includes the estimated annual increase in the actuarial value of the defined benefit plan. These amounts are estimates of the increase in the value of the plan and are not current year expenses of the cooperative. The following amounts are the change in actuarial value, as well as the current year expense: eric hobbie - change in actuarial value: $74,677; actual expense: $73,865 joseph smith - change in actuarial value: $36,908; actual expense: $49,305 crystal riney - change in actuarial value: $23,966; actual expense: $47,789 micah bushnell - change in actuarial value: $23,599; actual expense: $45,450 brian fitzgerald- change in actuarial value: $41,784; actual expense: $38,779 jeremy johnson - change in actuarial value: $24,051; actual expense: $41,798 tracy fuchs - change in actuarial value: $39,628; actual expense: $40,995 mark clayton - change in actuarial value: $31,167 actual expense: $32,257 charles fogleman - change in actuarial value: $21,252; actual expense: $33,793 ryan ruppel - change in actuarial value: $18,818; actual expense: $28,762 corey mason - change in actuarial value: $10,048; actual expense: $32,131 scott mason - change in actuarial value: $17,483; actual expense: $27,931 rachel sexton - change in actuarial value: $5,708; actual expense: $22,603”

“In addition to its board directors, the organization also has alternate directors who attend board meetings on behalf of directors who aren't able to attend. The following alternate directors did not devote any time to the board during the year, and therefore are not listed on part vii: -julia eberlin -laura meyer -brent clair -tom sherman -kevin moore -jim freeman -jeff moore -steve worner -lyle nelson -wesley strode -jay morrison”

“The cooperative has interpreted the instructions to part ix, line 4, to mean patronage capital allocated for the year, rather than patronage capital retired. This is consistent with the bylaws of the cooperative.”

“Patronage capital allocations 8,493,200.”