Civic Intelligence

Madison Energy Cooperative Association Inc

990 • Fiscal year 2018 • EIN 31-1567464

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2019

4100 Holiday Street NW Ste 201Canton, OH 44718

(888) 863-0032

Siviq Scores

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

Liabilities / Assets

97th percentile

0.87x

Higher debt load relative to assets than 97% of similar nonprofits.

2018 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.20x

Higher debt load relative to revenue than 27% of similar nonprofits.

2018 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2018

Net Margin

36th percentile

0.4%

Higher net margin than 36% of similar nonprofits.

2018 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

62nd percentile

$0

Higher top officer pay than 62% of similar nonprofits.

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

2018 filings • 501(c)12 • $1M-$5M nonprofits • Source year 2018

Asset Growth

12th percentile

-4.2%

Faster asset growth than 12% of similar nonprofits.

2018 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

90th percentile

26%

Faster revenue growth than 90% of similar nonprofits.

2018 filings • 501(c)12 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$684,566

Down $29,662 (-4.2%) from 2017

Net Assets

Up

$90,316

Up $11,025 (+14%) from 2017

Liabilities

Down

$594,250

Down $40,687 (-6.4%) from 2017

Revenue

Up

$3,026,555

Up $630,084 (+26%) from 2017

Expenses

Up

$3,015,530

Up $631,623 (+26%) from 2017

Net Income

Down

$11,025

Down $1,539 (-12%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2016: $770,460Liabilities 2016: $703,732Net Assets 2016: $66,7282016Assets 2017: $714,228Liabilities 2017: $634,937Net Assets 2017: $79,2912017Assets 2018: $684,566Liabilities 2018: $594,250Net Assets 2018: $90,3162018Assets 2019: $517,535Liabilities 2019: $426,875Net Assets 2019: $90,6602019Assets 2020: $482,396Liabilities 2020: $393,679Net Assets 2020: $88,7172020Assets 2021: $811,465Liabilities 2021: $723,809Net Assets 2021: $87,6562021Assets 2022: $834,510Liabilities 2022: $746,418Net Assets 2022: $88,0922022Assets 2023: $1,373,976Liabilities 2023: $1,285,894Net Assets 2023: $88,0822023Assets 2024: $2,318,249Liabilities 2024: $2,230,036Net Assets 2024: $88,2132024

Highlighted filing

2018

Assets$684,566
Liabilities$594,250
Net Assets$90,316

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $1,336,795Expenses 2016: $1,327,723Net Income 2016: $9,0722016Revenue 2017: $2,396,471Expenses 2017: $2,383,907Net Income 2017: $12,5642017Revenue 2018: $3,026,555Expenses 2018: $3,015,530Net Income 2018: $11,0252018Revenue 2019: $3,003,422Expenses 2019: $3,003,077Net Income 2019: $3452019Revenue 2020: $2,827,196Expenses 2020: $2,829,139Net Income 2020: -$1,9432020Revenue 2021: $3,580,556Expenses 2021: $3,581,617Net Income 2021: -$1,0612021Revenue 2022: $4,370,569Expenses 2022: $4,370,133Net Income 2022: $4362022Revenue 2023: $4,352,924Expenses 2023: $4,352,934Net Income 2023: -$102023Revenue 2024: $4,988,364Expenses 2024: $4,988,231Net Income 2024: $1332024

Highlighted filing

2018

Revenue$3,026,555
Expenses$3,015,530
Net Income$11,025
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$3,026,555
Mission and Program Overview

Mission

Installation and maintenance of natural gas pipelines for the purpose of providing natural gas service for the benefit of the members.

Installation and maintenance of natural gas pipelines for the purpose of providing natural gas service for the benefit of the members

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$657,551$595,162▼ $62,389
Cash and Non-Interest-Bearing Accounts$56,676$89,403▲ $32,727
Cap Stk Tr Prin Current Funds$66,727$79,292▲ $12,565
Rtn Earn Endowment Incm Other Fnds$12,564$11,024▼ $1,540
Prepaid Expenses and Deferred Charges$1$1→ $0
Total Assets$714,228$684,566▼ $29,662
Liabilities
Accounts Payable and Accrued Expenses$634,937$594,250▼ $40,687
Total Liabilities$634,937$594,250▼ $40,687
Net Assets / Fund Balance
Total Net Assets Fund Balance$79,291$90,316▲ $11,025
Total Liabilities and Net Assets / Fund Balance$714,228$684,566▼ $29,662
Compensation and Service Providers

Board Members and Trustees

NameTitle
David WheatleyPresident
Jeff NiemeyerBoard Member
John CiminoBoard Member
Richard BallardBoard Member
Stan KavyBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$4,050
Program Service Revenue
$3,022,505
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$11,025
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,000
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$3,006,530
Current Officers, Directors, Trustees, and Key Employees---$9,000
Total Functional Expenses$0$0$0$3,015,530
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Part VI Line 11B

The 990 is prepared by the company contracted for the

Part VI Line 11B

management of Madison Energy Cooperative Association, Inc.

Part VI Line 19

The governing documents and financial statements are made available

Part VI Line 19

to the members upon request.

Filing and Contact Details

Filer

Filer Name
Madison Energy Cooperative Association Inc
EIN
31-1567464
In Care Of
% Anthony Desiato
Phone
8888630032
Address
4100 Holiday Street NW Ste 201, Canton, OH 44718

Signing Officer

Name
Anthony Desiato
Title
Agent
Phone
8888630032
Signed
2019-11-05

Organization Details

Principal Officer
Anthony Desiato
Formed
1997
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
0
Employees
0
Raw XML Appendix247 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0634937
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0594250
IRS990/AccountsReceivableGrp/BOYAmt0657551
IRS990/AccountsReceivableGrp/EOYAmt0595162
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Installation and maintenance of natural gas pipelines for the purpose of providing natural gas service for the benefit of the members
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt03006530
IRS990/BooksInCareOfDetail/PersonNm0ANTHONY P DESIATO
IRS990/BooksInCareOfDetail/PhoneNum03304989130
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04100 Holiday Street NW Ste 201
IRS990/BooksInCareOfDetail/USAddress/CityNm0Canton
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044718
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt066727
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt079292
IRS990/CashNonInterestBearingGrp/BOYAmt056676
IRS990/CashNonInterestBearingGrp/EOYAmt089403
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt09000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt03006530
IRS990/CYContributionsGrantsAmt04050
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt00
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03022505
IRS990/CYRevenuesLessExpensesAmt011025
IRS990/CYSalariesCompEmpBnftPaidAmt09000
IRS990/CYTotalExpensesAmt03015530
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03026555
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/Desc0Installation and maintenance of natural gas pipelines for the purpose of providing natural gas service for the benefit of the members.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03015530
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID WHEATLEY
IRS990/Form990PartVIISectionAGrp/PersonNm1JEFF NIEMEYER
IRS990/Form990PartVIISectionAGrp/PersonNm2STAN KAVY
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHN CIMINO
IRS990/Form990PartVIISectionAGrp/PersonNm4RICHARD BALLARD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03026555
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt04050
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Installation and maintenance of natural gas pipelines for the purpose of providing natural gas service for the benefit of the members.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt079291
IRS990/NetAssetsOrFundBalancesEOYAmt090316
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01
IRS990/PrincipalOfficerNm0ANTHONY DESIATO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03022504
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03022505
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt01
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt02374907
IRS990/PYContributionsGrantsAmt05400
IRS990/PYExcessBenefitTransInd0false
IRS990/PYProgramServiceRevenueAmt02391071
IRS990/PYRevenuesLessExpensesAmt012564
IRS990/PYSalariesCompEmpBnftPaidAmt09000
IRS990/PYTotalExpensesAmt02383907
IRS990/PYTotalRevenueAmt02396471
IRS990/ReconcilationRevenueExpnssAmt011025
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03026555
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt012564
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt011024
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is prepared by the company contracted for the
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1management of Madison Energy Cooperative Association, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The governing documents and financial statements are made available
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3to the members upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0714228
IRS990/TotalAssetsEOYAmt0684566
IRS990/TotalAssetsGrp/BOYAmt0714228
IRS990/TotalAssetsGrp/EOYAmt0684566
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04050
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt03015530
IRS990/TotalGrossUBIAmt01
IRS990/TotalLiabilitiesBOYAmt0634937
IRS990/TotalLiabilitiesEOYAmt0594250
IRS990/TotalLiabilitiesGrp/BOYAmt0634937
IRS990/TotalLiabilitiesGrp/EOYAmt0594250
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt079291
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt090316
IRS990/TotalProgramServiceExpensesAmt03015530
IRS990/TotalProgramServiceRevenueAmt03022505
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03022504
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03026555
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt01
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0714228
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0684566
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04100 Holiday Street NW Ste 201
IRS990/USAddress/CityNm0Canton
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044718
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ANTHONY DESIATO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Agent
ReturnHeader/BusinessOfficerGrp/PhoneNum08888630032
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Madison Energy Cooperative Association Inc
ReturnHeader/Filer/BusinessNameControlTxt0MADI
ReturnHeader/Filer/EIN0311567464
ReturnHeader/Filer/InCareOfNm0% Anthony Desiato
ReturnHeader/Filer/PhoneNum08888630032
ReturnHeader/Filer/USAddress/AddressLine1Txt04100 Holiday Street NW Ste 201
ReturnHeader/Filer/USAddress/CityNm0Canton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044718
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0EAFAA2C770F61911726E3D29139E7A66B448D756
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B03DBC5019688F18A6767CC43803ACF1BC915D37
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId021010520193091192106
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-11-05
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0O
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.100.37.142
ReturnHeader/ReturnTs02019-11-05T12:01:00-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings