Civic Intelligence

Fox Islands Electric Cooperative Inc

990 • Fiscal year 2017 • EIN 01-0333304

Jan 01, 2017 to Dec 31, 2017 • Filed on May 10, 2018

Organization ProfileWWW.FOXISLANDS.NET
66 Main Street PO Box 527Vinalhaven, ME 04863

(207) 863-4636

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

0.69x

Higher debt load relative to assets than 93% of similar nonprofits.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

98th percentile

5.72x

Higher debt load relative to revenue than 98% of similar nonprofits.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2017

Net Margin

28th percentile

0.0%

Higher net margin than 28% of similar nonprofits.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

71st percentile

$147,133

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2017

Asset Growth

16th percentile

-2.3%

Faster asset growth than 16% of similar nonprofits.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

43rd percentile

2.3%

Faster revenue growth than 43% of similar nonprofits.

2017 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$21,056,670

Down $505,349 (-2.3%) from 2016

Net Assets

Up

$6,449,006

Up $174,378 (+2.8%) from 2016

Liabilities

Down

$14,607,664

Down $679,727 (-4.4%) from 2016

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin28th percentile

Revenue

Up

$2,552,581

Up $58,122 (+2.3%) from 2016

Expenses

Up

$2,552,581

Up $58,122 (+2.3%) from 2016

Net Income

Flat

$0

Flat from 2016

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $10,158,625Liabilities 2011: $8,064,003Net Assets 2011: $2,094,6222011Assets 2012: $10,400,298Liabilities 2012: $8,212,493Net Assets 2012: $2,187,8052012Assets 2013: $10,522,821Liabilities 2013: $8,274,990Net Assets 2013: $2,247,8312013Assets 2014: $10,420,669Liabilities 2014: $8,173,882Net Assets 2014: $2,246,7872014Assets 2015: $21,947,639Liabilities 2015: $15,750,231Net Assets 2015: $6,197,4082015Assets 2016: $21,562,019Liabilities 2016: $15,287,391Net Assets 2016: $6,274,6282016Assets 2017: $21,056,670Liabilities 2017: $14,607,664Net Assets 2017: $6,449,0062017Assets 2018: $20,732,081Liabilities 2018: $14,111,282Net Assets 2018: $6,620,7992018Assets 2019: $20,046,328Liabilities 2019: $13,275,341Net Assets 2019: $6,770,9872019Assets 2020: $19,431,125Liabilities 2020: $12,491,917Net Assets 2020: $6,939,2082020Assets 2021: $18,896,049Liabilities 2021: $11,848,360Net Assets 2021: $7,047,6892021Assets 2022: $19,483,806Liabilities 2022: $12,301,570Net Assets 2022: $7,182,2362022Assets 2023: $19,465,997Liabilities 2023: $11,978,714Net Assets 2023: $7,487,2832023Assets 2024: $19,206,621Liabilities 2024: $11,147,601Net Assets 2024: $8,059,0202024

Highlighted filing

2017

Assets$21,056,670
Liabilities$14,607,664
Net Assets$6,449,006
Open 2017 Filing

Operations Trend

Revenue Growth43rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0Revenue 2011: $1,584,485Expenses 2011: $1,485,187Net Income 2011: $99,2982011Expenses 2012: $1,418,5642012Revenue 2013: $1,563,201Expenses 2013: $1,487,248Net Income 2013: $75,9532013Revenue 2014: $1,583,037Expenses 2014: $1,579,388Net Income 2014: $3,6492014Revenue 2015: $2,536,514Expenses 2015: $2,536,514Net Income 2015: $02015Revenue 2016: $2,494,459Expenses 2016: $2,494,459Net Income 2016: $02016Revenue 2017: $2,552,581Expenses 2017: $2,552,581Net Income 2017: $02017Revenue 2018: $2,502,615Expenses 2018: $2,502,615Net Income 2018: $02018Revenue 2019: $2,422,247Expenses 2019: $2,422,247Net Income 2019: $02019Revenue 2020: $2,545,997Expenses 2020: $2,545,997Net Income 2020: $02020Revenue 2021: $2,614,892Expenses 2021: $2,614,892Net Income 2021: $02021Revenue 2022: $2,624,320Expenses 2022: $2,624,320Net Income 2022: $02022Revenue 2023: $2,926,731Expenses 2023: $2,926,731Net Income 2023: $02023Revenue 2024: $3,097,346Expenses 2024: $3,097,346Net Income 2024: $02024

Highlighted filing

2017

Revenue$2,552,581
Expenses$2,552,581
Net Income$0
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 10, 2018
Return Version
2017v2.3
Gross Receipts
$3,431,613
Mission and Program Overview

Mission

To provide reliable electric service at the lowest cost to residential, commercial and industrial customers on the islands of vinalhaven and north haven maine.

Distribution of electrical services to vinalhaven and north haven islands in maine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,295,743$18,835,462▼ $460,281
Rtn Earn Endowment Incm Other Fnds$6,252,688$6,424,936▲ $172,248
Cash and Non-Interest-Bearing Accounts$1,248,707$1,093,810▼ $154,897
Accounts Receivable$597,026$685,158▲ $88,132
Inventories for Sale or Use$173,592$187,913▲ $14,321
Investments Program Related$144,702$156,197▲ $11,495
Prepaid Expenses and Deferred Charges$42,017$44,890▲ $2,873
Pd in Cap Srpls Land Bldg Eqp Fund$21,940$24,070▲ $2,130
Total Assets$21,562,019$21,056,670▼ $505,349
Other Assets Total$60,232$53,240▼ $6,992
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,940,672$14,219,801▼ $720,871
Accounts Payable and Accrued Expenses$334,613$373,861▲ $39,248
Other Liabilities$12,106$14,002▲ $1,896
Total Liabilities$15,287,391$14,607,664▼ $679,727
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,274,628$6,449,006▲ $174,378
Total Liabilities and Net Assets / Fund Balance$21,562,019$21,056,670▼ $505,349

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,881,331$8,123,502$26,004,833
Other Land Buildings$631,119-$631,119
Buildings$204,126$303,578$507,704
Land$118,886-$118,886
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles a FarringtonGeneral ManaFT$110,565$36,568$147,133
David JermannDirector-$130-$130
Aaron CabotDirector-$120-$120
Randy PittsPresident-$120-$120
Dennis PrattDirector-$110-$110
Sheri Romer DayDirector-$110-$110
Patrick TrainorAsst. Vice P-$100-$100
Bobby WarrenDirector-$80-$80
Paul a QuinnSecretary-$50-$50
Peter DruryTreasurer-$50-$50
Lois CandageDirector-$40-$40
Jeffrey MartinDirector-$20-$20
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$41,318
Other Revenue
$2,511,263
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,947,298
Salaries, Compensation, and Employee Benefits$425,998
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$849,657
Interest---$553,618
Other Salaries and Wages---$281,449
Benefits to Members---$179,285
Insurance---$116,637
Current Officers, Directors, Trustees, and Key Employees---$111,495
All Other Expenses---$46,332
Office Expenses---$38,456
Fees for Services Accounting---$36,575
Payroll Taxes---$31,179
Fees for Services Legal---$23,575
Other Expenses---$22,523
Fees for Services Other---$14,147
Fees for Services Management---$6,252
Occupancy---$2,584
Information Technology---$1,930
Other Employee Benefits---$1,875
Total Functional Expenses$0$0$0$2,552,581
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Credits$14,002
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The cooperative has 2,144 members who are also the consumers of the electricity sold by the cooperative.”

Form 990, Page 6, Part VI, Line 7A

“The 2,144 members of the cooperative annually elect members of the board of directors, the governing body.”

Form 990, Page 6, Part VI, Line 7B

“Certain actions, such as the sale of property, joining or investing in another organization or bylaw changes made by the governing body require member approval.”

Form 990, Page 6, Part VI, Line 11B

“The form 990 is prepared by an independent accounting firm. The governing body delegated the review, approval and signing of the 990 to the general manager of the cooperative.”

Form 990, Page 6, Part VI, Line 15A

“The review consists of board deliberation and approval and review of a national compensation study.”

Form 990, Page 6, Part VI, Line 19

“Upon requests and the bylaws of the cooperative are provided to all new members.”

Filing and Contact Details

Filer

Filer Name
Fox Islands Electric Cooperative
EIN
01-0333304
Phone
2078634636
Address
66 MAIN STREET PO BOX 527, VINALHAVEN, ME 04863

Signing Officer

Name
Charles a Farrington
Title
General Manager
Phone
2078634636
Signed
2018-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aaron Cabot
Formed
1975
Legal Domicile
Me
Voting Board Members
9
Independent Board Members
9
Employees
16

Preparer

Firm
Kittell Branagan & Sargent
Address
154 N MAIN ST, ST ALBANS, VT 05478
Preparer
Mark Mayer CPA
Phone
8025249531
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“New memberships issued and subscribed for 1,095 patronage margins allocated to members 179,285 uncleared patronage donated 1,950 patronage rebates -7,952 total 174,378”

Financial Statement Notes

Schedule D, Page 3, Part X

“Consideration has been given to uncertain tax positions for both entities. The federal income tax returns for the years ended after december 31, 2014, remain open for potential examination by major tax jurisdictions, generally for three years after they were filed.”

Raw XML Appendix400 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc0OTHER ADMIN AND GENERAL
IRS990/OtherExpensesGrp/Desc1CUSTOMER RECORDS
IRS990/OtherExpensesGrp/Desc2REGULATOR COMMISSION EXPE
IRS990/OtherExpensesGrp/Desc3GENERAL MISC. EXPENSES
IRS990/OtherExpensesGrp/TotalAmt095898
IRS990/OtherExpensesGrp/TotalAmt192060
IRS990/OtherExpensesGrp/TotalAmt247054
IRS990/OtherExpensesGrp/TotalAmt322523
IRS990/OtherLiabilitiesGrp/BOYAmt012106
IRS990/OtherLiabilitiesGrp/EOYAmt014002
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/BusinessCd2221000
IRS990/OtherRevenueMiscGrp/Desc0REC SALES
IRS990/OtherRevenueMiscGrp/Desc1RENT FROM ELECTRIC PROPERTY
IRS990/OtherRevenueMiscGrp/Desc2CAPITAL CREDITS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0470062
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt156590
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt220812
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0470062
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt156590
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt220812
IRS990/OtherRevenueTotalAmt0509598
IRS990/OtherSalariesAndWagesGrp/TotalAmt0281449
IRS990/OtherSourcesGrossIncomeAmt063444
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt031179
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt021940
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt024070
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt042017
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt044890
IRS990/PrincipalOfficerNm0AARON CABOT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt077948
IRS990/PYInvestmentIncomeAmt041331
IRS990/PYOtherExpensesAmt02016730
IRS990/PYOtherRevenueAmt02453128
IRS990/PYSalariesCompEmpBnftPaidAmt0399781
IRS990/PYTotalExpensesAmt02494459
IRS990/PYTotalRevenueAmt02494459
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06252688
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt06424936
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0204126
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0303578
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0507704
IRS990ScheduleD/EquipmentGrp/BookValueAmt017881331
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08123502
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026004833
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0118886
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0118886
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0631119
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0631119
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014002
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED CREDITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CONSIDERATION HAS BEEN GIVEN TO UNCERTAIN TAX POSITIONS FOR BOTH ENTITIES. THE FEDERAL INCOME TAX RETURNS FOR THE YEARS ENDED AFTER DECEMBER 31, 2014, REMAIN OPEN FOR POTENTIAL EXAMINATION BY MAJOR TAX JURISDICTIONS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018835462
IRS990ScheduleD/TotalLiabilityAmt014002
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COOPERATIVE HAS 2,144 MEMBERS WHO ARE ALSO THE CONSUMERS OF THE ELECTRICITY SOLD BY THE COOPERATIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 2,144 MEMBERS OF THE COOPERATIVE ANNUALLY ELECT MEMBERS OF THE BOARD OF DIRECTORS, THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN ACTIONS, SUCH AS THE SALE OF PROPERTY, JOINING OR INVESTING IN ANOTHER ORGANIZATION OR BYLAW CHANGES MADE BY THE GOVERNING BODY REQUIRE MEMBER APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE GOVERNING BODY DELEGATED THE REVIEW, APPROVAL AND SIGNING OF THE 990 TO THE GENERAL MANAGER OF THE COOPERATIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE REVIEW CONSISTS OF BOARD DELIBERATION AND APPROVAL AND REVIEW OF A NATIONAL COMPENSATION STUDY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUESTS AND THE BYLAWS OF THE COOPERATIVE ARE PROVIDED TO ALL NEW MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NEW MEMBERSHIPS ISSUED AND SUBSCRIBED FOR 1,095 PATRONAGE MARGINS ALLOCATED TO MEMBERS 179,285 UNCLEARED PATRONAGE DONATED 1,950 PATRONAGE REBATES -7,952 TOTAL 174,378
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0FOX ISLANDS WIND LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0263102032
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt011469473
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0ME
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0GENERATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt067830
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt066 MAIN ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0VINALHAVEN
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0ME
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd004863
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt021562019
IRS990/TotalAssetsEOYAmt021056670
IRS990/TotalAssetsGrp/BOYAmt021562019
IRS990/TotalAssetsGrp/EOYAmt021056670
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02552581
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015287391
IRS990/TotalLiabilitiesEOYAmt014607664
IRS990/TotalLiabilitiesGrp/BOYAmt015287391
IRS990/TotalLiabilitiesGrp/EOYAmt014607664
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06274628
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06449006
IRS990/TotalOtherCompensationAmt036568
IRS990/TotalReportableCompFromOrgAmt0111495
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02552581
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02552581
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt021562019
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt021056670
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt066 MAIN STREET
IRS990/USAddress/AddressLine2Txt0PO BOX 527
IRS990/USAddress/CityNm0VINALHAVEN
IRS990/USAddress/StateAbbreviationCd0ME
IRS990/USAddress/ZIPCd004863
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.FOXISLANDS.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES A FARRINGTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum02078634636
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOX ISLANDS ELECTRIC COOPERATIVE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0FOXI
ReturnHeader/Filer/EIN0010333304
ReturnHeader/Filer/PhoneNum02078634636
ReturnHeader/Filer/USAddress/AddressLine1Txt066 MAIN STREET PO BOX 527
ReturnHeader/Filer/USAddress/CityNm0VINALHAVEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd004863
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07DCFBA22FF3C31588DA9E9DFF21584426DB6506B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07DCFBA22FF3C31588DA9E9DFF21584426DB6506B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.199.202.253
ReturnHeader/FilingSecurityInformation/IPDt02018-05-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:40:38
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030302296
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KITTELL BRANAGAN & SARGENT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0154 N MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST ALBANS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd005478
ReturnHeader/PreparerPersonGrp/PhoneNum08025249531
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK MAYER CPA
ReturnHeader/ReturnTs02018-05-14T13:40:38-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,056,670
Liabilities
$14,607,664
Net assets
$6,449,006
Revenue
$2,552,581
Expenses
$2,552,581
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.2$11.1$8.06$3.10$3.10$0.00
2023Detailed filing. Detailed filing data is available for this year.$19.5$12.0$7.49$2.93$2.93$0.00
2022Detailed filing. Detailed filing data is available for this year.$19.5$12.3$7.18$2.62$2.62$0.00
2021Detailed filing. Detailed filing data is available for this year.$18.9$11.8$7.05$2.61$2.61$0.00
2020Detailed filing. Detailed filing data is available for this year.$19.4$12.5$6.94$2.55$2.55$0.00
2019Detailed filing. Detailed filing data is available for this year.$20.0$13.3$6.77$2.42$2.42$0.00
2018Detailed filing. Detailed filing data is available for this year.$20.7$14.1$6.62$2.50$2.50$0.00
2017Detailed filing. Detailed filing data is available for this year.$21.1$14.6$6.45$2.55$2.55$0.00
2016Detailed filing. Detailed filing data is available for this year.$21.6$15.3$6.27$2.49$2.49$0.00
2015Detailed filing. Detailed filing data is available for this year.$21.9$15.8$6.20$2.54$2.54$0.00
2014Detailed filing. Detailed filing data is available for this year.$10.4$8.17$2.25$1.58$1.58$0.00
2013Detailed filing. Detailed filing data is available for this year.$10.5$8.27$2.25$1.56$1.49$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$8.21$2.19$1.42
2011Summary only. Only limited summary data is available for this year.$10.2$8.06$2.09$1.58$1.49$0.10