Civic Intelligence

Washington Electric Cooperative In

990 • Fiscal year 2013 • EIN 31-4335585

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 16, 2014

Organization ProfileWECI.ORG
440 Highland Ridge Road45750

(740) 373-2141

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.56x

Higher debt load relative to assets than 52% of similar nonprofits.

2013 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

52nd percentile

1.51x

Higher debt load relative to revenue than 52% of similar nonprofits.

2013 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2013

Net Margin

60th percentile

4.4%

Higher net margin than 60% of similar nonprofits.

2013 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

41st percentile

$169,616

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2013 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2013

Asset Growth

29th percentile

2.6%

Faster asset growth than 29% of similar nonprofits.

2013 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$46,829,317

Up $1,187,789 (+2.6%) from 2012

Net Assets

Up

$20,759,113

Up $282,162 (+1.4%) from 2012

Liabilities

Up

$26,070,204

Up $905,627 (+3.6%) from 2012

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin60th percentile

Revenue

$17,314,050

No earlier filing loaded for comparison.

Expenses

Up

$16,557,545

Up $790,052 (+5.0%) from 2012

Net Income

$756,505

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$80M$60M$40M$20M$0Assets 2010: $39,370,075Liabilities 2010: $21,229,814Net Assets 2010: $18,140,2612010Assets 2011: $44,702,955Liabilities 2011: $25,808,755Net Assets 2011: $18,894,2002011Assets 2012: $45,641,528Liabilities 2012: $25,164,577Net Assets 2012: $20,476,9512012Assets 2013: $46,829,317Liabilities 2013: $26,070,204Net Assets 2013: $20,759,1132013Assets 2014: $48,313,007Liabilities 2014: $26,754,874Net Assets 2014: $21,558,1332014Assets 2015: $49,091,089Liabilities 2015: $27,355,927Net Assets 2015: $21,735,1622015Assets 2016: $49,700,731Liabilities 2016: $27,438,132Net Assets 2016: $22,262,5992016Assets 2018: $55,341,752Liabilities 2018: $29,376,998Net Assets 2018: $25,964,7542018Assets 2019: $62,126,495Liabilities 2019: $35,505,566Net Assets 2019: $26,620,9292019Assets 2020: $63,320,059Liabilities 2020: $36,016,574Net Assets 2020: $27,303,4852020Assets 2021: $67,766,254Liabilities 2021: $39,828,471Net Assets 2021: $27,937,7832021Assets 2022: $69,296,140Liabilities 2022: $40,850,151Net Assets 2022: $28,445,9892022Assets 2024: $73,843,481Liabilities 2024: $44,058,189Net Assets 2024: $29,785,2922024

Highlighted filing

2013

Assets$46,829,317
Liabilities$26,070,204
Net Assets$20,759,113
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30M$20M$10M$0Expenses 2010: $14,104,7462010Expenses 2011: $15,422,3162011Expenses 2012: $15,767,4932012Revenue 2013: $17,314,050Expenses 2013: $16,557,545Net Income 2013: $756,5052013Revenue 2014: $17,903,877Expenses 2014: $16,859,572Net Income 2014: $1,044,3052014Revenue 2015: $17,518,003Expenses 2015: $16,954,932Net Income 2015: $563,0712015Revenue 2016: $18,016,557Expenses 2016: $17,040,908Net Income 2016: $975,6492016Revenue 2018: $20,319,239Expenses 2018: $17,690,877Net Income 2018: $2,628,3622018Revenue 2019: $18,845,395Expenses 2019: $17,665,155Net Income 2019: $1,180,2402019Revenue 2020: $19,505,742Expenses 2020: $18,401,617Net Income 2020: $1,104,1252020Revenue 2021: $21,644,972Expenses 2021: $20,601,731Net Income 2021: $1,043,2412021Revenue 2022: $22,812,534Expenses 2022: $21,604,921Net Income 2022: $1,207,6132022Revenue 2024: $24,189,838Expenses 2024: $22,841,775Net Income 2024: $1,348,0632024

Highlighted filing

2013

Revenue$17,314,050
Expenses$16,557,545
Net Income$756,505
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 16, 2014
Return Version
2013v3.1
Gross Receipts
$17,323,685
Mission and Program Overview

Mission

Providing electric power to cooperative members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$34,338,680$34,460,774▲ $122,094
Rtn Earn Endowment Incm Other Fnds$20,476,951$20,759,113▲ $282,162
Investments Other Securities$6,604,618$6,825,287▲ $220,669
Accounts Receivable$3,450,857$3,633,381▲ $182,524
Cash and Non-Interest-Bearing Accounts$644,586$534,910▼ $109,676
Inventories for Sale or Use$343,390$373,091▲ $29,701
Prepaid Expenses and Deferred Charges$89,690$106,073▲ $16,383
Total Assets$45,641,528$46,829,317▲ $1,187,789
Other Assets Total$169,707$895,801▲ $726,094
Liabilities
Mortgage Notes Payable Secured by Investment Property$22,234,838$22,334,184▲ $99,346
Accounts Payable and Accrued Expenses$2,824,105$3,157,154▲ $333,049
Other Liabilities$105,634$578,866▲ $473,232
Total Liabilities$25,164,577$26,070,204▲ $905,627
Net Assets / Fund Balance
Total Net Assets Fund Balance$20,476,951$20,759,113▲ $282,162
Total Liabilities and Net Assets / Fund Balance$45,641,528$46,829,317▲ $1,187,789

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$30,617,026$9,022,533$39,639,559
Buildings$2,551,017$393,084$2,944,101
Equipment$885,444$1,262,239$2,147,683
Land$407,287-$407,287
Other Securities$49,776--
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kenneth ShillingGeneral Mgr/FT$120,168$49,448$169,616
Kenneth ShillingGeneral Mgr/CEO-$120,168$44,948$165,116
Paul FleemanVice Chairma-$5,075$7,801$12,876
David MillerChairman-$7,825$660$8,485
Gale DepuyTrusteePT$7,000$49$7,049
William BowersockTrusteePT$5,800$4$5,804
Eldon MillerSecretary/trPT$4,875$39$4,914
Frank HaughtTrustee-$1,750$2,394$4,144
Larry UllmanTrusteePT$3,625$5$3,630
Betty MartinAsst Secy/trPT$3,000$4$3,004

Highest Paid Contractors

ContractorServicesLocationCompensation
Asplundh Tree Expert CoRow Cutting-$684,423
N R E C aRet/health Ins-$662,736
RescoUtil Plant Matl-$610,123
Pike Electric INCPlant Construct-$312,274
Townsend Tree ServiceRow Cutting-$118,404
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$16,558,299
Investment Income
$42,562
Other Revenue
$713,189
Change in Net Assets
$756,505

Audited Revenue Reconciliation

Revenue per Audited Statements
$17,314,050
Total Revenue per Audited Statements
$17,314,050
Total Revenue per Form 990
$17,314,050
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,520,471
Salaries, Compensation, and Employee Benefits$2,013,931
Grants and Similar Amounts Paid$23,143
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,258,109--$1,258,109
Other Salaries and Wages$1,088,292--$1,088,292
Interest$1,076,787--$1,076,787
All Other Expenses$539,750--$539,750
Other Expenses$484,217--$484,217
Other Employee Benefits$391,610--$391,610
Pension Plan Contributions$279,590--$279,590
Current Officers, Directors, Trustees, and Key Employees$159,118--$159,118
Payroll Taxes$95,321--$95,321
Information Technology$89,938--$89,938
Insurance$55,941--$55,941
Fees for Services Legal$22,093--$22,093
Office Expenses$22,060--$22,060
Conferences and Meetings$21,560--$21,560
Travel$19,636--$19,636
Fees for Services Accounting$16,100--$16,100
Grants to Domestic Individuals$14,450--$14,450
Grants to Domestic Orgs$8,693--$8,693
Advertising$7,246--$7,246
Fees for Services Management$3,264--$3,264
Fees for Services Other$745--$745
Total Functional Expenses$16,557,545$0$0$16,557,545

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$17,031,888
Expenses per Audited Statements$16,557,545
Total Expenses per Form 990$16,557,545
Expenses Not Reported on Form 990$474,343
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
David MillerTrusteeOhio Rural ElectricNo-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$500,000
CONSUMERS' ADVANCES FOR CONSTRUCTION$78,866
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 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
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, Page 6, Part VI, Line 6

“MEMBERS/OWNERS.”

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

“Members elect trustees at the annual meeting.”

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

“Bylaw changes and some issues are voted on by the member/owners.”

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

“The president of the board of trustees, general manager and director of finance & administration review a draft copy of the form 990 at a meeting prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Each officer, director or trustee completes a form 990 questionnaire.”

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

“Washington electric cooperative uses a national wage survey (done by nreca), the cpi, and state averages to set wage ranges. The board sets the general manager's compensation and the general manager sets the senior staff's compensation.”

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

“Washington electric cooperative uses a national wage survey (done by nreca), the cpi, and state averages to set wage ranges. The board sets the general manager's compensation and the general manager sets the senior staff's compensation.”

Form 990, Page 6, Part VI, Line 19

“A condensed version of the financial statements are made available with the annual meeting information and are published in the cooperative magazine "country living".”

Filing and Contact Details

Filer

EIN
31-4335585

Signing Officer

Name
Kenneth J Schilling
Title
General Manager/CEO
Signed
2014-07-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Miller President
Formed
1936
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
7
Employees
35

Preparer

Preparer
Jeffrey a Harr
Phone
7404745210
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Retirement of patronage capital -473,443 unrec loss related to nonpension postretirement benefit pl -900”

Financial Statement Notes

Schedule D, Page 3, Part X

“The cooperative complies with asc 740-10 related to uncertain tax positions. Asc 740-10 prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken on a tax return. Management is not aware of any tax positions taken by the cooperative on its tax returns that they consider to be uncertain or that would jeopardize its tax exempt status. Tax returns for the years ended 2010, 2011 and 2012 are still open and subject to examination by the internal revenue service.”

Schedule D, Page 4, Part XII, Line 2D

“Retirement of patronage capital 473,443 unrec loss related to nonpension postretirement benefit pl 900”

Raw XML AppendixShowing 400 of 492 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/GrantsToDomesticOrgsGrp/ProgramServicesAmt08693
IRS990/GrantsToDomesticOrgsGrp/TotalAmt08693
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt021750
IRS990/GrossReceiptsAmt017323685
IRS990/GrossRentsGrp/RealAmt0225377
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt089938
IRS990/InformationTechnologyGrp/TotalAmt089938
IRS990/InsuranceGrp/ProgramServicesAmt055941
IRS990/InsuranceGrp/TotalAmt055941
IRS990/InterestGrp/ProgramServicesAmt01076787
IRS990/InterestGrp/TotalAmt01076787
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0343390
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0373091
IRS990/InvestmentIncomeGrp/ExclusionAmt030447
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt030447
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt06604618
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt06825287
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010677856
IRS990/LandBldgEquipBasisNetGrp/BOYAmt034338680
IRS990/LandBldgEquipBasisNetGrp/EOYAmt034460774
IRS990/LandBldgEquipCostOrOtherBssAmt045138630
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt09635
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt016558299
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDING ELECTRIC POWER TO COOPERATIVE MEMBERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt022234838
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt022334184
IRS990/NetAssetsOrFundBalancesBOYAmt020476951
IRS990/NetAssetsOrFundBalancesEOYAmt020759113
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt012115
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt012115
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0225377
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0225377
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt022060
IRS990/OfficeExpensesGrp/TotalAmt022060
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0169707
IRS990/OtherAssetsTotalGrp/EOYAmt0895801
IRS990/OtherChangesInNetAssetsAmt0-474343
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0391610
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0391610
IRS990/OtherExpensesGrp/Desc0COST OF POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION - MAINTENANC
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION - OPERATION
IRS990/OtherExpensesGrp/Desc3EXCISE TAX
IRS990/OtherExpensesGrp/ProgramServicesAmt08734529
IRS990/OtherExpensesGrp/ProgramServicesAmt11583915
IRS990/OtherExpensesGrp/ProgramServicesAmt2584581
IRS990/OtherExpensesGrp/ProgramServicesAmt3484217
IRS990/OtherExpensesGrp/TotalAmt08734529
IRS990/OtherExpensesGrp/TotalAmt11583915
IRS990/OtherExpensesGrp/TotalAmt2584581
IRS990/OtherExpensesGrp/TotalAmt3484217
IRS990/OtherLiabilitiesGrp/BOYAmt0105634
IRS990/OtherLiabilitiesGrp/EOYAmt0578866
IRS990/OtherRevenueMiscGrp/Desc0PATRONAGE CAP FROM ASSOC ORG
IRS990/OtherRevenueMiscGrp/ExclusionAmt0487812
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0487812
IRS990/OtherRevenueTotalAmt0487812
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01088292
IRS990/OtherSalariesAndWagesGrp/TotalAmt01088292
IRS990/OtherSourcesGrossIncomeAmt0755751
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt095321
IRS990/PayrollTaxesGrp/TotalAmt095321
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0279590
IRS990/PensionPlanContributionsGrp/TotalAmt0279590
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt089690
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0106073
IRS990/PrincipalOfficerNm0DAVID MILLER PRESIDENT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SALE OF ELECTRICITY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt016558299
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt016558299
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt026261
IRS990/PYInvestmentIncomeAmt0723732
IRS990/PYOtherExpensesAmt013888536
IRS990/PYOtherRevenueAmt0751562
IRS990/PYProgramServiceRevenueAmt016054590
IRS990/PYRevenuesLessExpensesAmt01762391
IRS990/PYSalariesCompEmpBnftPaidAmt01852696
IRS990/PYTotalExpensesAmt015767493
IRS990/PYTotalRevenueAmt017529884
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0756505
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0225377
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt020476951
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt020759113
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02551017
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0393084
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02944101
IRS990ScheduleD/EquipmentGrp/BookValueAmt0885444
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01262239
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02147683
IRS990ScheduleD/ExpensesNotReportedAmt0474343
IRS990ScheduleD/ExpensesSubtotalAmt016557545
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0407287
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0407287
IRS990ScheduleD/OtherExpensesIncludedAmt0474343
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt030617026
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09022533
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt039639559
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt178866
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CONSUMERS' ADVANCES FOR CONSTRUCTION
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt05857110
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1530969
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2163885
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3160474
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt463073
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt549776
IRS990ScheduleD/OtherSecuritiesGrp/Desc0BUCKEYE POWER
IRS990ScheduleD/OtherSecuritiesGrp/Desc1CAPITAL CERTIFICATES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2RESCO
IRS990ScheduleD/OtherSecuritiesGrp/Desc3NRUCFC
IRS990ScheduleD/OtherSecuritiesGrp/Desc4OTHER
IRS990ScheduleD/OtherSecuritiesGrp/Desc5NATIONAL INFORMATION SOLUTIONS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5C
IRS990ScheduleD/RevenueSubtotalAmt017314050
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COOPERATIVE COMPLIES WITH ASC 740-10 RELATED TO UNCERTAIN TAX POSITIONS. ASC 740-10 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS TAKEN BY THE COOPERATIVE ON ITS TAX RETURNS THAT THEY CONSIDER TO BE UNCERTAIN OR THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. TAX RETURNS FOR THE YEARS ENDED 2010, 2011 AND 2012 ARE STILL OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RETIREMENT OF PATRONAGE CAPITAL 473,443 UNREC LOSS RELATED TO NONPENSION POSTRETIREMENT BENEFIT PL 900
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt034460774
IRS990ScheduleD/TotalBookValueSecuritiesAmt06825287
IRS990ScheduleD/TotalExpensesPerForm990Amt016557545
IRS990ScheduleD/TotalLiabilityAmt0578866
IRS990ScheduleD/TotalRevenuePerForm990Amt017314050
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt017314050
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt017031888
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt03750
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt110700
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1CONSUMER REBATES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt138
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0WASHINGTON ELECTRIC COOPERATIVE REVIEWS ENROLLMENT AND ACCEPTANCE INFORMATION ON THE SCHOLARSHIP RECIPIENTS' APPLICATIONS. WASHINGTON ELECTRIC COOPERATIVE PROVIDES INCENTIVE REBATES TO MEMBERS WHO HAVE RADIO-CONTROLLED SWITCHES INSTALLED ON THEIR ELECTRIC WATER HEATERS, HEAT PUMPS, GEOTHERMAL SYSTEMS AND WHOLE-HOUSE AIR CONDITIONERS. WECI'S INSTALLER CONDUCTS A FIELD INVESTIGATION DURING INSTALLATION PRIOR TO THE REBATE CHECK BEING ISSUED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0120168
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt04500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt044948
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KENNETH SHILLING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0GENERAL MGR/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0165116
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt04500
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0DAVID MILLER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0TRUSTEE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0OHIO RURAL ELECTRIC
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE COOPERATIVE IS A MEMBER OF OHIO RURAL ELECTRIC COOPERATIVES, INC. (OREC), THE STATEWIDE TRADE ASSOCIATION FOR OHIO'S 25 INDEPENDENTLY OWNED AND OPERATED RURAL ELECTRIC COOPERATIVES. THE COOPERATIVE'S BOARD PRESIDENT, DAVID MILLER, SERVES ON THE BOARD OF OREC AND DEVOTES 2 HOURS PER WEEK TO OREC. OTHER INFORMATION THE COOPERATIVE'S BOARD PRESIDENT, DAVID MILLER,SERVED ON THE BOARD OF GREEN VALLEY COOPERATIVE, INC. THROUGH FEBRUARY 21, 2013 AND GENERAL MANAGER, KEN SCHILLING, SERVED ON THE BOARD OF GREEN VALLEY COOPERATIVE, INC. FOR THE ENTIRE YEAR.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true

Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$46,829,317
Liabilities
$26,070,204
Net assets
$20,759,113
Revenue
$17,314,050
Expenses
$16,557,545
Net income
$756,505
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.8$44.1$29.8$24.2$22.8$1.35
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.3$40.9$28.4$22.8$21.6$1.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$67.8$39.8$27.9$21.6$20.6$1.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$63.3$36.0$27.3$19.5$18.4$1.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$62.1$35.5$26.6$18.8$17.7$1.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.3$29.4$26.0$20.3$17.7$2.63
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$49.7$27.4$22.3$18.0$17.0$0.98
2015Detailed filing. Detailed filing data is available for this year.$49.1$27.4$21.7$17.5$17.0$0.56
2014Detailed filing. Detailed filing data is available for this year.$48.3$26.8$21.6$17.9$16.9$1.04
2013Detailed filing. Detailed filing data is available for this year.$46.8$26.1$20.8$17.3$16.6$0.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.6$25.2$20.5$15.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.7$25.8$18.9$15.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.4$21.2$18.1$14.1
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)12 • $25M-$50M nonprofits