Hart Electric Membership

“The organization has members as provided for in its bylaws which are included as a part of this return.”

“The cooperative has members who elect members of the governing body as provided for in its bylaws which are included as a part of this return.”

“Certain decisions of the governing body are subject to approval by members as provided for in its bylaws which are included as a part of this return.”

“Form 990 is reviewed by the board as provided for in the cooperative's policy which is included as a part of this return.”

“The cooperative regularly and consistently monitors and enforces compliance with their conflict of interest policy as provided for in its policy which is included as a part of this return.”

“Ceo compensation is reviewed and approved in accordance with compensation policies which are attached as a part of the form 990.”

“Key employees compensation is reviewed and approved in accordance with compensation policies which are attached as a part of the form 990.”

“The cooperative makes its bylaws, conflict of interest policy, and financial statements available to the public as part of its form 990. The form 990 is available upon request as reflected in part vi, section c, line 18.”

“NA”

“Part v, line 3a - the corporation filed form 990-t for the year ended december 31, 2018, although they did not have any gross revenue from an unrelated business activity. The filing requirement for form 990-t was a direct result of irc section 512(a)(7), which requires tax-exempt organizations to increase their ubti by the amount of employee parking expenses that would be nondeductible if they were subject to the same deduction disallowance rules as taxable entities.”

“Donated capital/retired capital credits 433,775 membership fees -6,990 patronage capital credits 17,036,406 retirement of capital credits -623,053 other comprehensive income -741,665 asc 980-deferred revenue -10,500,000 total 5,598,473”