Civic Intelligence

Rochester District Heating Cooperative Inc

990 • Fiscal year 2024 • EIN 16-1235605

Sep 01, 2023 to Aug 31, 2024 • Filed on Dec 05, 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

77th percentile

0.51x

Higher debt load relative to assets than 77% of similar nonprofits.

2024 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

1.29x

Higher debt load relative to revenue than 51% of similar nonprofits.

2024 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2024

Net Margin

37th percentile

4.4%

Higher net margin than 37% of similar nonprofits.

2024 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

90th percentile

$239,236

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2024 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2024

Asset Growth

21st percentile

-1.1%

Faster asset growth than 21% of similar nonprofits.

2024 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

39th percentile

2.7%

Faster revenue growth than 39% of similar nonprofits.

2024 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$12,092,491

Down $136,361 (-1.1%) from 2023

Net Assets

Up

$5,965,828

Up $208,334 (+3.6%) from 2023

Liabilities

Down

$6,126,663

Down $344,695 (-5.3%) from 2023

Revenue

Up

$4,741,258

Up $125,221 (+2.7%) from 2023

Expenses

Down

$4,532,924

Down $97,027 (-2.1%) from 2023

Net Income

Up

$208,334

Up $222,248 (+1597%) from 2023

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

2024

Assets$12,092,491
Liabilities$6,126,663
Net Assets$5,965,828

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

2024

Revenue$4,741,258
Expenses$4,532,924
Net Income$208,334
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Dec 5, 2024
Return Version
2023v5.1
Gross Receipts
$6,644,241
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$8,259,450$8,133,518▼ $125,932
Investments in Publicly Traded Securities$1,487,653$1,738,353▲ $250,700
Savings and Temporary Cash Investments$821,374$755,846▼ $65,528
Other Notes and Loans Receivable, Net$728,275$608,225▼ $120,050
Accounts Receivable$461,794$461,720▼ $74
Prepaid Expenses and Deferred Charges$248,151$240,000▼ $8,151
Cash and Non-Interest-Bearing Accounts$89,813$55,937▼ $33,876
Inventories for Sale or Use$58,489$54,553▼ $3,936
Total Assets$12,228,852$12,092,491▼ $136,361
Other Assets Total$73,853$44,339▼ $29,514
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,405,371$3,948,434▼ $456,937
Deferred Revenue$1,224,358$1,082,831▼ $141,527
Accounts Payable and Accrued Expenses$767,776$1,051,059▲ $283,283
Other Liabilities$73,853$44,339▼ $29,514
Total Liabilities$6,471,358$6,126,663▼ $344,695
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,757,494$5,965,828▲ $208,334
Total Net Assets Fund Balance$5,757,494$5,965,828▲ $208,334
Total Liabilities and Net Assets / Fund Balance$12,228,852$12,092,491▼ $136,361

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,761,773$12,943,772$19,705,545
Buildings$394,820$3,445,332$3,840,152
Other Land Buildings$825,644$175,874$1,001,518
Land$144,000-$144,000
Leasehold Improvements$7,281$3,921$11,202
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mr John DuchesneauGeneral ManagerFT$196,349$42,887$239,236
Mr Ryan MacauleyChief Financial OfficerFT$114,577$36,144$150,721
Mr Kurt HedrichDistribution System ManagerFT$101,869$18,705$120,574
Mr Michael A HowardBoard SecretaryPT$118,149-$118,149

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$118,149
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,969,916
Investment Income
$128,083
Other Revenue
$643,259
Change in Net Assets
$208,334

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,741,258
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,902,983
Total Revenue per Audited Statements
$6,644,241
Total Revenue per Form 990
$4,741,258
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,373,643
Other Expenses$2,159,281
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,424,472
Depreciation Depletion---$1,059,515
Current Officers, Directors, Trustees, and Key Employees---$424,649
Other Employee Benefits---$295,398
Insurance---$222,684
Interest---$149,373
Payroll Taxes---$135,147
Fees for Services Legal---$116,639
Occupancy---$105,254
Pension Plan Contributions---$93,977
Office Expenses---$53,594
Fees for Services Other---$34,159
Travel---$17,343
All Other Expenses---$11,111
Fees for Services Accounting---$8,975
Other Expenses---$6,374
Total Functional Expenses$0$0$0$4,532,924

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,435,907
Expenses per Audited Statements$4,532,924
Total Expenses per Form 990$4,532,924
Expenses Not Reported on Form 990$1,902,983
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$118,149
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability - Current$29,117
Operating Lease Liability$15,222
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
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 15A

The general managers' salary is set forth as a resolution at the Board of Directors and voted on and appoved 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
2024-12-05
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
90 Linden Oaks Suite 100, Rochester, NY 14625
Preparer
Jason Mayausky CPA
Phone
5854106733
Supplemental Narrative

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 1,902,983.

Part XII, Line 2D - Other Adjustments:

Cost of Energy included as reduction of energy charges 1,902,983.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt9Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt11Chief Financial Officer
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IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt0222684
IRS990/InterestGrp/TotalAmt0149373
IRS990/InventoriesForSaleOrUseGrp/BOYAmt058489
IRS990/InventoriesForSaleOrUseGrp/EOYAmt054553
IRS990/InvestmentIncomeGrp/ExclusionAmt0128083
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0128083
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01487653
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01738353
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt016568899
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08259450
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08133518
IRS990/LandBldgEquipCostOrOtherBssAmt024702417
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt06362241
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0422
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0422
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/BOYAmt04405371
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03948434
IRS990/NetAssetsOrFundBalancesBOYAmt05757494
IRS990/NetAssetsOrFundBalancesEOYAmt05965828
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0489342
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0489342
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05757494
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05965828
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0105254
IRS990/OfficeExpensesGrp/TotalAmt053594
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt073853
IRS990/OtherAssetsTotalGrp/EOYAmt044339
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0295398
IRS990/OtherExpensesGrp/Desc0Maintenance
IRS990/OtherExpensesGrp/Desc1Software License
IRS990/OtherExpensesGrp/Desc2Training
IRS990/OtherExpensesGrp/Desc3Plant Environmental Com
IRS990/OtherExpensesGrp/TotalAmt0331080
IRS990/OtherExpensesGrp/TotalAmt132014
IRS990/OtherExpensesGrp/TotalAmt211166
IRS990/OtherExpensesGrp/TotalAmt36374
IRS990/OtherLiabilitiesGrp/BOYAmt073853
IRS990/OtherLiabilitiesGrp/EOYAmt044339
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/RelatedOrExemptFuncIncomeAmt155939
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt211967
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt085589
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt155939
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt211967
IRS990/OtherRevenueTotalAmt0153917
IRS990/OtherSalariesAndWagesGrp/TotalAmt01424472
IRS990/OtherSourcesGrossIncomeAmt0282000
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0728275
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0608225
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0135147
IRS990/PensionPlanContributionsGrp/TotalAmt093977
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0248151
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0240000
IRS990/PrincipalOfficerNm0Brian Pack
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0Demand Charges
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03969916
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03969916
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt092704
IRS990/PYOtherExpensesAmt02330714
IRS990/PYOtherRevenueAmt0788971
IRS990/PYProgramServiceRevenueAmt03734362
IRS990/PYRevenuesLessExpensesAmt0-13914
IRS990/PYSalariesCompEmpBnftPaidAmt02299237
IRS990/PYTotalExpensesAmt04629951
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04616037
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0208334
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0821374
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0755846
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0394820
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03445332
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03840152
IRS990ScheduleD/EquipmentGrp/BookValueAmt06761773
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012943772
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019705545
IRS990ScheduleD/ExpensesNotReportedAmt01902983
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04532924
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0144000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0144000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt07281
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03921
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt011202
IRS990ScheduleD/OtherExpensesIncludedAmt01902983
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0825644
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0175874
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01001518
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015222
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt129117
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Operating Lease Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Operating Lease Liability - Current
IRS990ScheduleD/OtherRevenueAmt01902983
IRS990ScheduleD/RevenueNotReportedAmt01902983
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04741258
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 1,902,983.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Cost of Energy included as reduction of energy charges 1,902,983.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08133518
IRS990ScheduleD/TotalExpensesPerForm990Amt04532924
IRS990ScheduleD/TotalLiabilityAmt044339
IRS990ScheduleD/TotalRevenuePerForm990Amt04741258
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06644241
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06435907
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0196349
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1114577
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt042887
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt136144
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Mr John Duchesneau
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Mr Ryan Macauley
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0General Manager
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Chief Financial Officer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0239236
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1150721
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Michael Howard
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Board Secretary
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0118149
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Legal Services
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0Board officers are not greater than 35% owners in the entities that the Cooperative has member use agreements with.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part IV, Line 28c
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors governs the cooperative with final approval on certain actions required by the members of the Cooperative.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The governing body is the only such body allowed to act on behalf of the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Form 990 tax return will be discussed and reviewed by the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Conflict of interest forms are completed by members and Board of Directors. These forms are reviewed on an annual basis for completeness.

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