Civic Intelligence

People'S Cooperative Services Trust

EIN 20-8969930 • 501(c)3 • Oronoco, MN

Profile

To accumulate and disburse funds for charitable and educational purposes primarily in the area served by people's cooperative services. Contributions are received from "operation round-up", voluntary contributions from members of people's cooperative services and from any other source of funds available to the trust.

1775 Lake Shady Avenue SouthOronoco, MN 55960

www.peoplesenergy.coop

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

76th percentile

0.07x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

0.04x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

36th percentile

-5.5%

Higher net margin than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

50th percentile

-1.5%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

-2.5%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$57,345

Down $892 (-1.5%) from 2023

Liabilities

Up

$4,005

Up $4,005 from 2023

Net Assets

Down

$53,340

Down $4,897 (-8.4%) from 2023

Revenue

Down

$89,710

Down $2,310 (-2.5%) from 2023

Expenses

Down

$94,607

Down $17,422 (-16%) from 2023

Net Income

Up

-$4,897

Up $15,112 (+76%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2010: $50,296Liabilities 2010: $0Net Assets 2010: $50,2962010Assets 2011: $60,025Liabilities 2011: $0Net Assets 2011: $60,0252011Assets 2012: $39,726Liabilities 2012: $0Net Assets 2012: $39,7262012Assets 2013: $34,871Liabilities 2013: $0Net Assets 2013: $34,8712013Assets 2014: $35,173Liabilities 2014: $0Net Assets 2014: $35,1732014Assets 2015: $71,080Liabilities 2015: $8,425Net Assets 2015: $62,6552015Assets 2016: $69,350Liabilities 2016: $0Net Assets 2016: $69,3502016Assets 2017: $65,967Liabilities 2017: $0Net Assets 2017: $65,9672017Assets 2018: $86,738Liabilities 2018: $2,284Net Assets 2018: $84,4542018Assets 2019: $87,762Liabilities 2019: $0Net Assets 2019: $87,7622019Assets 2020: $93,041Liabilities 2020: $0Net Assets 2020: $93,0412020Assets 2021: $102,276Liabilities 2021: $26Net Assets 2021: $102,2502021Assets 2022: $81,374Liabilities 2022: $3,128Net Assets 2022: $78,2462022Assets 2023: $58,237Liabilities 2023: $0Net Assets 2023: $58,2372023Assets 2024: $57,345Liabilities 2024: $4,005Net Assets 2024: $53,3402024

Highlighted filing

2024

Assets$57,345
Liabilities$4,005
Net Assets$53,340

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2010: $73,139Expenses 2010: $85,459Net Income 2010: -$12,3202010Revenue 2011: $76,773Expenses 2011: $67,044Net Income 2011: $9,7292011Revenue 2012: $69,347Expenses 2012: $89,646Net Income 2012: -$20,2992012Revenue 2013: $68,159Expenses 2013: $73,014Net Income 2013: -$4,8552013Revenue 2014: $68,582Expenses 2014: $68,280Net Income 2014: $3022014Revenue 2015: $82,944Expenses 2015: $55,462Net Income 2015: $27,4822015Revenue 2016: $100,201Expenses 2016: $93,506Net Income 2016: $6,6952016Revenue 2017: $100,063Expenses 2017: $103,446Net Income 2017: -$3,3832017Revenue 2018: $100,379Expenses 2018: $81,892Net Income 2018: $18,4872018Revenue 2019: $99,633Expenses 2019: $96,325Net Income 2019: $3,3082019Revenue 2020: $98,309Expenses 2020: $93,030Net Income 2020: $5,2792020Revenue 2021: $96,799Expenses 2021: $87,590Net Income 2021: $9,2092021Revenue 2022: $93,465Expenses 2022: $117,469Net Income 2022: -$24,0042022Revenue 2023: $92,020Expenses 2023: $112,029Net Income 2023: -$20,0092023Revenue 2024: $89,710Expenses 2024: $94,607Net Income 2024: -$4,8972024

Highlighted filing

2024

Revenue$89,710
Expenses$94,607
Net Income-$4,897

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.57$0.04$0.53$0.90$0.95$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.92$1.12$0.20
2022Detailed filing. Detailed filing data is available for this year.$0.81$0.03$0.78$0.93$1.17$0.24
2021Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$0.97$0.88$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.98$0.93$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$1.00$0.96$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.87$0.02$0.84$1.00$0.82$0.18
2017Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$1.00$1.03$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$1.00$0.94$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.71$0.08$0.63$0.83$0.55$0.27
2014Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.69$0.68$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.68$0.73$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.00$0.40$0.69$0.90$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.00$0.60$0.77$0.67$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.00$0.50$0.73$0.85$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 9, 2025
Return Version
2024v5.2
Gross Receipts
$89,710
Mission and Program Overview

Mission

To accumulate and disburse funds for charitable and educational purposes primarily in the area served by people's cooperative services. Contributions are received from "operation round-up", voluntary contributions from members of people's cooperative services and from any other source of funds available to the trust.

Program Services

DescriptionGrantsExpenses
THE OPERATION ROUND-UP DONATED FUNDS TO FIRE DEPARTMENTS, YOUTH ORGANIZATIONS, SCHOOLS, AND VARIOUS OTHER COMMUNITY NEEDS PROJECTS IN THE AMOUNT OF $89,943 IN 2024. A VOLUNTEER BOARD OF DIRECTORS REVIEWED APPLICATIONS AND APPROVED GRANTS. THERE WERE ADMINISTRATIVE EXPENSES PAID OUT FROM OPERATION ROUND-UP FUNDS IN THE AMOUNT OF $4,664 IN 2024.$89,943$89,943
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BARB NICKLAYChair-$0--
JANET HOFFMANNVice Chair-$0--
JUDY PLANKChair (Through Sept 2024)-$0--
BRENNA SCANLANDirector-$0--
RON PICKETTSecretary/Treasurer-$0--
MARSHA KOHNDirector-$0--
CINDY STAMSCHRORDirector-$0--
CHRISTY RICHARDSDirector-$0--
Filing and Contact Details

Filer

Filer Name
PEOPLE'S COOPERATIVE SERVICES TRUST
EIN
20-8969930
Phone
5073677000
Address
1775 LAKE SHADY AVENUE SOUTH, ORONOCO, MN 55960

Signing Officer

Name
Michael Henke
Title
CEO
Phone
5073677000
Signed
2025-09-09
Discuss with paid preparer
Yes

Preparer

Firm
Brady Martz & Associates Pc
Address
PO BOX 14296, GRAND FORKS, ND 58208-4296
Preparer
David Holt
Phone
7017754685
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: grand meadow fire department. Grantee address: 112 grand avenue east grand meadow, mn 55936. Amount given: 6,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: city of eyota. Grantee address: 38 s. Front st eyota, mn 55934. Amount given: 11,300. Total included on form 990-ez, line 10: 17,800.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank charges. Amount: 144. Description: other filing fees. Amount: 25. Total to form 990-ez, line 16: 169.

Form 990-ez, Part II, Line 24 - Other Assets

Description: contribution receivable. Beg. Of year amount: 7,607. End of year amount: 7,348.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: other payables. Beg. Of year amount: 0. End of year amount: 4,005.

Raw XML Appendix175 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BARB NICKLAY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY/TREASURER
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IRS990EZ/PrimaryExemptPurposeTxt0TO ACCUMULATE AND DISBURSE FUNDS FOR CHARITABLE AND EDUCATIONAL PURPOSES PRIMARILY IN THE AREA SERVED BY PEOPLE'S COOPERATIVE SERVICES. CONTRIBUTIONS ARE RECEIVED FROM "OPERATION ROUND-UP", VOLUNTARY CONTRIBUTIONS FROM MEMBERS OF PEOPLE'S COOPERATIVE SERVICES AND FROM ANY OTHER SOURCE OF FUNDS AVAILABLE TO THE TRUST.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: . GRANTEE NAME: GRAND MEADOW FIRE DEPARTMENT. GRANTEE ADDRESS: 112 GRAND AVENUE EAST GRAND MEADOW, MN 55936. AMOUNT GIVEN: 6,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: . GRANTEE NAME: CITY OF EYOTA. GRANTEE ADDRESS: 38 S. FRONT ST EYOTA, MN 55934. AMOUNT GIVEN: 11,300. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 17,800.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: BANK CHARGES. AMOUNT: 144. DESCRIPTION: OTHER FILING FEES. AMOUNT: 25. TOTAL TO FORM 990-EZ, LINE 16: 169.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: CONTRIBUTION RECEIVABLE. BEG. OF YEAR AMOUNT: 7,607. END OF YEAR AMOUNT: 7,348.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: OTHER PAYABLES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,005.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL HENKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05073677000
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PEOPLE'S COOPERATIVE SERVICES TRUST
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ReturnHeader/Filer/EIN0208969930
ReturnHeader/Filer/PhoneNum05073677000
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ReturnHeader/Filer/USAddress/CityNm0ORONOCO
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRADY MARTZ & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 14296
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRAND FORKS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0582084296
ReturnHeader/PreparerPersonGrp/PhoneNum07017754685
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID HOLT
ReturnHeader/ReturnTs02025-09-15T12:24:12-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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