Civic Intelligence

Rochester District Heating Cooperative Inc

990 • Fiscal year 2023 • EIN 16-1235605

Sep 01, 2022 to Aug 31, 2023 • Filed on Feb 03, 2024

150 State Street Suite 110Rochester, NY 14614

(585) 546-8890

Siviq Scores

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

Liabilities / Assets

79th percentile

0.53x

Higher debt load relative to assets than 79% of similar nonprofits.

2023 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

54th percentile

1.40x

Higher debt load relative to revenue than 54% of similar nonprofits.

2023 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2023

Net Margin

19th percentile

-0.3%

Higher net margin than 19% of similar nonprofits.

2023 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

89th percentile

$237,260

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2023 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2023

Asset Growth

9th percentile

-2.8%

Faster asset growth than 9% of similar nonprofits.

2023 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

33rd percentile

1.7%

Faster revenue growth than 33% of similar nonprofits.

2023 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Down

$12,228,852

Down $348,942 (-2.8%) from 2022

Net Assets

Down

$5,757,494

Down $13,914 (-0.2%) from 2022

Liabilities

Down

$6,471,358

Down $335,028 (-4.9%) from 2022

Revenue

Up

$4,616,037

Up $77,719 (+1.7%) from 2022

Expenses

Up

$4,629,951

Up $270,515 (+6.2%) from 2022

Net Income

Down

-$13,914

Down $192,796 (-108%) from 2022

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $2,227,248Liabilities 2010: $606,458Net Assets 2010: $1,620,7902010Assets 2011: $3,340,553Liabilities 2011: $873,325Net Assets 2011: $2,467,2282011Assets 2012: $3,382,396Liabilities 2012: $590,433Net Assets 2012: $2,791,9632012Assets 2013: $4,291,183Liabilities 2013: $881,743Net Assets 2013: $3,409,4402013Assets 2014: $5,188,634Liabilities 2014: $1,413,588Net Assets 2014: $3,775,0462014Assets 2015: $6,290,750Liabilities 2015: $2,129,105Net Assets 2015: $4,161,6452015Assets 2016: $9,700,872Liabilities 2016: $5,386,489Net Assets 2016: $4,314,3832016Assets 2017: $12,139,544Liabilities 2017: $7,548,921Net Assets 2017: $4,590,6232017Assets 2018: $12,714,654Liabilities 2018: $7,884,019Net Assets 2018: $4,830,6352018Assets 2019: $12,978,628Liabilities 2019: $7,729,230Net Assets 2019: $5,249,3982019Assets 2020: $13,226,366Liabilities 2020: $7,990,840Net Assets 2020: $5,235,5262020Assets 2021: $13,022,704Liabilities 2021: $7,430,178Net Assets 2021: $5,592,5262021Assets 2022: $12,577,794Liabilities 2022: $6,806,386Net Assets 2022: $5,771,4082022Assets 2023: $12,228,852Liabilities 2023: $6,471,358Net Assets 2023: $5,757,4942023Assets 2024: $12,092,491Liabilities 2024: $6,126,663Net Assets 2024: $5,965,8282024Assets 2025: $12,121,226Liabilities 2025: $5,639,678Net Assets 2025: $6,481,5482025

Highlighted filing

2023

Assets$12,228,852
Liabilities$6,471,358
Net Assets$5,757,494

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,213,1802010Expenses 2011: $2,400,7892011Expenses 2012: $2,622,1662012Expenses 2013: $2,668,5052013Revenue 2014: $3,179,965Expenses 2014: $2,814,359Net Income 2014: $365,6062014Revenue 2015: $3,212,553Expenses 2015: $2,825,954Net Income 2015: $386,5992015Revenue 2016: $3,204,850Expenses 2016: $3,052,112Net Income 2016: $152,7382016Revenue 2017: $3,974,171Expenses 2017: $3,697,931Net Income 2017: $276,2402017Revenue 2018: $4,356,300Expenses 2018: $4,116,288Net Income 2018: $240,0122018Revenue 2019: $4,449,938Expenses 2019: $4,031,175Net Income 2019: $418,7632019Revenue 2020: $4,215,266Expenses 2020: $4,229,138Net Income 2020: -$13,8722020Revenue 2021: $4,753,433Expenses 2021: $4,396,433Net Income 2021: $357,0002021Revenue 2022: $4,538,318Expenses 2022: $4,359,436Net Income 2022: $178,8822022Revenue 2023: $4,616,037Expenses 2023: $4,629,951Net Income 2023: -$13,9142023Revenue 2024: $4,741,258Expenses 2024: $4,532,924Net Income 2024: $208,3342024Revenue 2025: $5,208,365Expenses 2025: $4,692,645Net Income 2025: $515,7202025

Highlighted filing

2023

Revenue$4,616,037
Expenses$4,629,951
Net Income-$13,914
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Feb 3, 2024
Return Version
2022v5.0
Gross Receipts
$6,617,751
Mission and Program Overview

Mission

Rochester district heating cooperative, inc. Was formed to acquire, modernize, improve and operate a steam heating generation and distribtion system for the benefit of its members.

Rochester District Heating Cooperative, Inc. was formed to acquire, modernize, improve and operate a steam heating generation and distribution system for the benefit of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,690,573$8,259,450▼ $431,123
Investments in Publicly Traded Securities-$1,487,653-
Savings and Temporary Cash Investments$2,216,536$821,374▼ $1,395,162
Other Notes and Loans Receivable, Net$846,660$728,275▼ $118,385
Accounts Receivable$417,023$461,794▲ $44,771
Prepaid Expenses and Deferred Charges$235,768$248,151▲ $12,383
Cash and Non-Interest-Bearing Accounts$87,101$89,813▲ $2,712
Inventories for Sale or Use$83,065$58,489▼ $24,576
Intangible Assets$1,068--
Total Assets$12,577,794$12,228,852▼ $348,942
Other Assets Total$0$73,853▲ $73,853
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,846,785$4,405,371▼ $441,414
Deferred Revenue$1,379,576$1,224,358▼ $155,218
Accounts Payable and Accrued Expenses$580,025$767,776▲ $187,751
Other Liabilities$0$73,853▲ $73,853
Total Liabilities$6,806,386$6,471,358▼ $335,028
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,771,408$5,757,494▼ $13,914
Total Net Assets Fund Balance$5,771,408$5,757,494▼ $13,914
Total Liabilities and Net Assets / Fund Balance$12,577,794$12,228,852▼ $348,942

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,331,727$11,938,477$19,270,204
Buildings$438,395$3,397,205$3,835,600
Other Land Buildings$336,926$175,874$512,800
Land$144,000-$144,000
Leasehold Improvements$8,402$2,800$11,202
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mr John DuchesneauGeneral ManagerFT$196,752$40,508$237,260
Mr Ryan MacauleyControllerFT$115,961$18,091$134,052
Mr Shane HosenfeldStationary EngineerFT$101,423$31,921$133,344
Mr Michael A HowardBoard SecretaryPT$119,002-$119,002

Board Members and Trustees

NameTitle
Mr Dan DiloretoBoard President
Mr Kurt SertlBoard Vice President
Mr Alex GalesBoard Member
Mr Charles BrunoBoard Member
Mr George VanarsdaleBoard Member
Mr Marvin Parker JrBoard Member
Mr Michael PatanellaBoard Member
Mr Sean MurphyBoard Member
Mr Brian PackTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Michael HowardLegal Services145 Culver Road Suite 100, Rochester, NY 14620$119,002
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,734,362
Investment Income
$92,704
Other Revenue
$788,971
Change in Net Assets
$-13,914

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,616,037
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,001,714
Total Revenue per Audited Statements
$6,617,751
Total Revenue per Form 990
$4,616,037
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,330,714
Salaries, Compensation, and Employee Benefits$2,299,237
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,408,431
Depreciation Depletion---$1,077,359
Current Officers, Directors, Trustees, and Key Employees---$396,516
Other Employee Benefits---$277,821
Insurance---$204,701
Interest---$164,896
Payroll Taxes---$130,160
Occupancy---$119,846
Fees for Services Legal---$105,828
Pension Plan Contributions---$86,309
Office Expenses---$54,591
Fees for Services Other---$24,883
Travel---$16,432
All Other Expenses---$15,984
Fees for Services Accounting---$10,500
Other Expenses---$4,032
Total Functional Expenses$0$0$0$4,629,951

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,631,665
Expenses per Audited Statements$4,629,951
Total Expenses per Form 990$4,629,951
Expenses Not Reported on Form 990$2,001,714
Expenses Not Reported on Financial Statements$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Michael HowardBoard SecretaryLegal ServicesNo$119,002
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$44,862
Operating Lease Liability - Current$28,991
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The Organization consists of a membership of consumers of the Cooperative's services of heating. This membership group votes in the Board of Directors who governs the activities of the Cooperative.

Form 990, Part VI, Section A, line 7A

The Organization consists of a membership of consumers of the Cooperative's services of heating. This membership group votes in the Board of Directors who governs the activities of the Cooperative.

Form 990, Part VI, Section A, line 7B

The Board of Directors governs the cooperative with final approval on certain actions required by the members of the Cooperative.

Form 990, Part VI, Section A, line 8B

The governing body is the only such body allowed to act on behalf of the organization.

Form 990, Part VI, Section B, line 11B

The Form 990 tax return will be discussed and reviewed by the governing body.

Form 990, Part VI, Section B, line 12C

Conflict of interest forms are completed by members and Board of Directors. These forms are reviewed on an annual basis for completeness.

Form 990, Part VI, Section B, line 15

The general managers' salary is set forth as a resolution at the Board of Directors and voted on and approved at the board level.

Form 990, Part VI, Section C, line 19

The organization makes documents available to the Board of Directors and members upon request. Financial Statement information is also provided to bankers and insurance companies upon request. Financial Statement information is not made available to the general public.

Filing and Contact Details

Filer

Filer Name
Rochester District Heating Cooperative
EIN
16-1235605
Phone
5855468890
Address
150 State Street Suite 110, Rochester, NY 14614

Signing Officer

Name
Brian Pack
Title
Treasurer
Phone
5855468890
Signed
2024-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Pack
Formed
1986
Legal Domicile
Ny
Voting Board Members
48
Independent Board Members
48
Employees
25
Volunteers
0

Preparer

Firm
Allied CPAs PC
Address
6536 Anthony Drive, Victor, NY 14564
Preparer
Jason Mayausky CPA
Phone
5854106733
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

The Organization has not changed its process of review of the audited financial statements from year to year. The Finance Committee reviews the financial statements and the statements are presented to the Board and Membership by the Finance Committee and recommended for approval.

Financial Statement Notes

Part X, Line 2:

The Cooperative is exempt from federal income tax under Section 501(C)(12) of the Internal Revenue Code. However, income from certain activities not directly related to the Cooperative's tax-exempt purpose is subject to taxation as Unrelated Business Income. In accordance with ASC 740-10-50, Accounting for Uncertainty in Income Taxes, the Cooperative recognizes the tax benefits from uncertain tax positions only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. Management believes that the Cooperative is currently operating in compliance with the applicable requirements of the Internal Revenue Code. Therefore, no liabilty for unrecognized tax benefits has been recognized.

Part XI, Line 2D - Other Adjustments:

Cost of Energy included as reduction of energy charges

Part XII, Line 2D - Other Adjustments:

Cost of Energy included as reduction of energy charges

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IRS990/Form990PartVIISectionAGrp/PersonNm7Mr Charles Bruno
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt9Treasurer
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IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt048
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt0204701
IRS990/IntangibleAssetsGrp/BOYAmt01068
IRS990/InterestGrp/TotalAmt0164896
IRS990/InventoriesForSaleOrUseGrp/BOYAmt083065
IRS990/InventoriesForSaleOrUseGrp/EOYAmt058489
IRS990/InvestmentIncomeGrp/ExclusionAmt092704
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt092704
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01487653
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt015514356
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08690573
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08259450
IRS990/LandBldgEquipCostOrOtherBssAmt023773806
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt06354598
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Rochester District Heating Cooperative, Inc. was formed to acquire, modernize, improve and operate a steam heating generation and distribution system for the benefit of its members.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04846785
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04405371
IRS990/NetAssetsOrFundBalancesBOYAmt05771408
IRS990/NetAssetsOrFundBalancesEOYAmt05757494
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0618522
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0618522
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05771408
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05757494
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0119846
IRS990/OfficeExpensesGrp/TotalAmt054591
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt073853
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0277821
IRS990/OtherExpensesGrp/Desc0Maintenance
IRS990/OtherExpensesGrp/Desc1Software License
IRS990/OtherExpensesGrp/Desc2Plant Environmental Com
IRS990/OtherExpensesGrp/Desc3Training
IRS990/OtherExpensesGrp/TotalAmt0485903
IRS990/OtherExpensesGrp/TotalAmt125234
IRS990/OtherExpensesGrp/TotalAmt220525
IRS990/OtherExpensesGrp/TotalAmt34032
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt073853
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/BusinessCd2221000
IRS990/OtherRevenueMiscGrp/Desc0Deferred Income
IRS990/OtherRevenueMiscGrp/Desc1Project Rebate
IRS990/OtherRevenueMiscGrp/Desc2Finance Charges
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt085589
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt169629
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt215231
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt085589
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt169629
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt215231
IRS990/OtherRevenueTotalAmt0170449
IRS990/OtherSalariesAndWagesGrp/TotalAmt01408431
IRS990/OtherSourcesGrossIncomeAmt0263153
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0846660
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0728275
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0130160
IRS990/PensionPlanContributionsGrp/TotalAmt086309
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0235768
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0248151
IRS990/PrincipalOfficerNm0Brian Pack
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0Demand Charges
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03734362
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03734362
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt047688
IRS990/PYOtherExpensesAmt02151000
IRS990/PYOtherRevenueAmt0978926
IRS990/PYProgramServiceRevenueAmt03511704
IRS990/PYRevenuesLessExpensesAmt0178882
IRS990/PYSalariesCompEmpBnftPaidAmt02208436
IRS990/PYTotalExpensesAmt04359436
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04538318
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-13914
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02216536
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0821374
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0438395
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03397205
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03835600
IRS990ScheduleD/EquipmentGrp/BookValueAmt07331727
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011938477
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019270204
IRS990ScheduleD/ExpensesNotReportedAmt02001714
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04629951
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0144000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0144000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08402
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02800
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt011202
IRS990ScheduleD/OtherExpensesIncludedAmt02001714
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0336926
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0175874
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0512800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt044862
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt128991
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Operating Lease Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Operating Lease Liability - Current
IRS990ScheduleD/OtherRevenueAmt02001714
IRS990ScheduleD/RevenueNotReportedAmt02001714
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04616037
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Cooperative is exempt from federal income tax under Section 501(C)(12) of the Internal Revenue Code. However, income from certain activities not directly related to the Cooperative's tax-exempt purpose is subject to taxation as Unrelated Business Income. In accordance with ASC 740-10-50, Accounting for Uncertainty in Income Taxes, the Cooperative recognizes the tax benefits from uncertain tax positions only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. Management believes that the Cooperative is currently operating in compliance with the applicable requirements of the Internal Revenue Code. Therefore, no liabilty for unrecognized tax benefits has been recognized.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Cost of Energy included as reduction of energy charges
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Cost of Energy included as reduction of energy charges
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08259450
IRS990ScheduleD/TotalExpensesPerForm990Amt04629951
IRS990ScheduleD/TotalLiabilityAmt073853
IRS990ScheduleD/TotalRevenuePerForm990Amt04616037
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06617751
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06631665
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0196752
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1115961
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2101423
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt015155
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt18681
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt28147
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt025353
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt19410
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt223774
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Mr John Duchesneau
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Mr Ryan Macauley
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Mr Shane Hosenfeld
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0General Manager
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Controller
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Stationary Engineer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0237260
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1134052
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2133344
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$12.1$5.64$6.48$5.21$4.69$0.52
2024Detailed filing. Detailed filing data is available for this year.$12.1$6.13$5.97$4.74$4.53$0.21
2023Detailed filing. Detailed filing data is available for this year.$12.2$6.47$5.76$4.62$4.63$0.01
2022Detailed filing. Detailed filing data is available for this year.$12.6$6.81$5.77$4.54$4.36$0.18
2021Detailed filing. Detailed filing data is available for this year.$13.0$7.43$5.59$4.75$4.40$0.36
2020Detailed filing. Detailed filing data is available for this year.$13.2$7.99$5.24$4.22$4.23$0.01
2019Detailed filing. Detailed filing data is available for this year.$13.0$7.73$5.25$4.45$4.03$0.42
2018Detailed filing. Detailed filing data is available for this year.$12.7$7.88$4.83$4.36$4.12$0.24
2017Detailed filing. Detailed filing data is available for this year.$12.1$7.55$4.59$3.97$3.70$0.28
2016Detailed filing. Detailed filing data is available for this year.$9.70$5.39$4.31$3.20$3.05$0.15
2015Detailed filing. Detailed filing data is available for this year.$6.29$2.13$4.16$3.21$2.83$0.39
2014Detailed filing. Detailed filing data is available for this year.$5.19$1.41$3.78$3.18$2.81$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.29$0.88$3.41$2.67
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$0.59$2.79$2.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.34$0.87$2.47$2.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$0.61$1.62$2.21