Civic Intelligence

Washington Electric Cooperative In

990 • Fiscal year 2016 • EIN 31-4335585

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 09, 2017

440 Highland Ridge RoadMarietta, OH 45750

(740) 885-5924

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.55x

Higher debt load relative to assets than 53% of similar nonprofits.

2016 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

50th percentile

1.52x

Higher debt load relative to revenue than 50% of similar nonprofits.

2016 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2016

Net Margin

71st percentile

5.4%

Higher net margin than 71% of similar nonprofits.

2016 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

40th percentile

$162,139

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2016 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2016

Asset Growth

38th percentile

1.2%

Faster asset growth than 38% of similar nonprofits.

2016 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

55th percentile

2.8%

Faster revenue growth than 55% of similar nonprofits.

2016 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$49,700,731

Up $609,642 (+1.2%) from 2015

Net Assets

Up

$22,262,599

Up $527,437 (+2.4%) from 2015

Liabilities

Up

$27,438,132

Up $82,205 (+0.3%) from 2015

Revenue

Up

$18,016,557

Up $498,554 (+2.8%) from 2015

Expenses

Up

$17,040,908

Up $85,976 (+0.5%) from 2015

Net Income

Up

$975,649

Up $412,578 (+73%) from 2015

Historical Trend

Balance Sheet Trend

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

2016

Assets$49,700,731
Liabilities$27,438,132
Net Assets$22,262,599

Operations Trend

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

2016

Revenue$18,016,557
Expenses$17,040,908
Net Income$975,649
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$18,016,557
Mission and Program Overview

Mission

Providing electric power to cooperative members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$35,878,749$36,241,164▲ $362,415
Rtn Earn Endowment Incm Other Fnds$21,735,162$22,262,599▲ $527,437
Investments Other Securities$7,733,110$7,720,645▼ $12,465
Accounts Receivable$2,921,311$3,079,702▲ $158,391
Cash and Non-Interest-Bearing Accounts$1,417,544$1,578,129▲ $160,585
Inventories for Sale or Use$362,480$358,212▼ $4,268
Prepaid Expenses and Deferred Charges$103,466$106,501▲ $3,035
Total Assets$49,091,089$49,700,731▲ $609,642
Other Assets Total$674,429$616,378▼ $58,051
Liabilities
Mortgage Notes Payable Secured by Investment Property$23,563,472$24,351,504▲ $788,032
Accounts Payable and Accrued Expenses$3,292,455$3,086,628▼ $205,827
Other Liabilities$500,000--
Total Liabilities$27,355,927$27,438,132▲ $82,205
Net Assets / Fund Balance
Total Net Assets Fund Balance$21,735,162$22,262,599▲ $527,437
Total Liabilities and Net Assets / Fund Balance$49,091,089$49,700,731▲ $609,642

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$32,505,963$10,761,366$43,267,329
Buildings$2,337,796$615,298$2,953,094
Equipment$990,118$1,201,141$2,191,259
Land$407,287-$407,287
Other Securities$64,147--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nathan WhitacreDirector of Eng &FT$113,003$49,136$162,139
Nathan WhitacreDirector of Eng & It Serv-$113,003$49,136$162,139
Jack BraggGeneral Mgr/FT$132,697$27,311$160,008
Jack BraggGeneral Mgr/CEO-$132,697$27,311$160,008
Paul FleemanVice Chairma-$4,800$4,278$9,078
David MillerChairmanPT$6,950$6$6,956
Betty MartinSecretary/trPT$6,850$6$6,856
Gale DepuyTrusteePT$5,750$6$5,756
Larry UllmanTrusteePT$5,450$4$5,454
William BowersockTrusteePT$5,250$3$5,253
Eldon MillerAsst Secy/tr-$5,100$4$5,104

Highest Paid Contractors

ContractorServicesLocationCompensation
Asplundh Tree Expert CoRow Cutting1700 SOLUTIONS CENTER, Chicago, IL 60677$1,163,560
RescoUtil Plant MatlPO BOX 26036, Columbus, OH 43226$791,186
Townsend Tree ServiceRow CuttingPO BOX 7015, Muncie, IN 47308$281,926
Progressive Solutions LLCRow CuttingPO BOX 1130, Marshall, AR 72650$247,985
Ohoi Rural Electric CooperativesCoop Services6677 BUSCH BLVD, Columbus, OH 43229$161,271
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$17,305,086
Investment Income
$144,109
Other Revenue
$567,362
Change in Net Assets
$975,649

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,016,557
Total Revenue per Audited Statements
$18,016,557
Total Revenue per Form 990
$18,016,557
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,985,319
Salaries, Compensation, and Employee Benefits$2,040,675
Grants and Similar Amounts Paid$14,914
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,393,825--$1,393,825
Interest$1,116,424--$1,116,424
Other Salaries and Wages$944,264--$944,264
All Other Expenses$534,224--$534,224
Other Expenses$514,087--$514,087
Other Employee Benefits$391,957--$391,957
Pension Plan Contributions$308,018--$308,018
Current Officers, Directors, Trustees, and Key Employees$285,850--$285,850
Information Technology$112,237--$112,237
Payroll Taxes$110,586--$110,586
Office Expenses$83,720--$83,720
Insurance$59,004--$59,004
Fees for Services Other$27,867--$27,867
Travel$21,727--$21,727
Conferences and Meetings$16,714--$16,714
Fees for Services Accounting$16,200--$16,200
Grants to Domestic Individuals$10,333--$10,333
Fees for Services Management$9,371--$9,371
Advertising$6,908--$6,908
Fees for Services Legal$6,344--$6,344
Grants to Domestic Orgs$4,581--$4,581
Total Functional Expenses$17,040,908$0$0$17,040,908

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$17,489,120
Expenses per Audited Statements$17,040,908
Total Expenses per Form 990$17,040,908
Expenses Not Reported on Form 990$448,212
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-
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

Filer Name
Washington Electric Cooperative in
EIN
31-4335585
Address
440 HIGHLAND RIDGE ROAD, MARIETTA, OH 45750

Signing Officer

Name
David Miller
Title
Chairman
Signed
2017-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Miller
Formed
1936
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
7
Employees
27

Preparer

Firm
Bhm CPA Group Inc
Address
PO BOX 875, CIRCLEVILLE, OH 43113-0875
Preparer
Jeffrey a Harr
Phone
7404745210
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Retirement of patronage capital -436,812 unrel gain related to nonpension -11,400 total -448,212

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 2013, 2014 and 2015 are still open and subject to examination by the internal revenue service.

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

Retirement of patronage capital 436,812 unrel gain related to nonpension 11,400

Raw XML AppendixShowing 400 of 490 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/BOYAmt03292455
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03086628
IRS990/AccountsReceivableGrp/BOYAmt02921311
IRS990/AccountsReceivableGrp/EOYAmt03079702
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDING ELECTRIC POWER TO COOPERATIVE MEMBERS.
IRS990/AdvertisingGrp/ProgramServicesAmt06908
IRS990/AdvertisingGrp/TotalAmt06908
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0534224
IRS990/AllOtherExpensesGrp/TotalAmt0534224
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0DEAN MCMAHON
IRS990/BooksInCareOfDetail/PhoneNum07408855924
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0440 HIGHLAND RIDGE ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0MARIETTA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd045750
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01417544
IRS990/CashNonInterestBearingGrp/EOYAmt01578129
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt06
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0285850
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0285850
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt016714
IRS990/ConferencesMeetingsGrp/TotalAmt016714
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt01163560
IRS990/ContractorCompensationGrp/CompensationAmt1791186
IRS990/ContractorCompensationGrp/CompensationAmt2281926
IRS990/ContractorCompensationGrp/CompensationAmt3247985
IRS990/ContractorCompensationGrp/CompensationAmt4161271
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01700 SOLUTIONS CENTER
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 26036
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO BOX 7015
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3PO BOX 1130
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt46677 BUSCH BLVD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0CHICAGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1COLUMBUS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2MUNCIE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3MARSHALL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4COLUMBUS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3AR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd060677
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd143226
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd247308
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd372650
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd443229
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0ASPLUNDH TREE EXPERT CO
IRS990/ContractorCompensationGrp/ContractorName/PersonNm1RESCO
IRS990/ContractorCompensationGrp/ContractorName/PersonNm2TOWNSEND TREE SERVICE
IRS990/ContractorCompensationGrp/ContractorName/PersonNm3PROGRESSIVE SOLUTIONS LLC
IRS990/ContractorCompensationGrp/ContractorName/PersonNm4OHOI RURAL ELECTRIC COOPERATIVES
IRS990/ContractorCompensationGrp/ServicesDesc0ROW CUTTING
IRS990/ContractorCompensationGrp/ServicesDesc1UTIL PLANT MATL
IRS990/ContractorCompensationGrp/ServicesDesc2ROW CUTTING
IRS990/ContractorCompensationGrp/ServicesDesc3ROW CUTTING
IRS990/ContractorCompensationGrp/ServicesDesc4COOP SERVICES
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt014914
IRS990/CYInvestmentIncomeAmt0144109
IRS990/CYOtherExpensesAmt014985319
IRS990/CYOtherRevenueAmt0567362
IRS990/CYProgramServiceRevenueAmt017305086
IRS990/CYRevenuesLessExpensesAmt0975649
IRS990/CYSalariesCompEmpBnftPaidAmt02040675
IRS990/CYTotalExpensesAmt017040908
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt018016557
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01393825
IRS990/DepreciationDepletionGrp/TotalAmt01393825
IRS990/Desc0RURAL DISTRIBUTION OF ELECTRIC ENERGY AND RELATED SERVICES TO 10,479 CONSUMER ACCOUNTS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt027
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt017040908
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt016200
IRS990/FeesForServicesAccountingGrp/TotalAmt016200
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt06344
IRS990/FeesForServicesLegalGrp/TotalAmt06344
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt09371
IRS990/FeesForServicesManagementGrp/TotalAmt09371
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt027867
IRS990/FeesForServicesOtherGrp/TotalAmt027867
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt06.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt19.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt28.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt38.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt47.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.48
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt06
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt16
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt26
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt34
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt43
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt54
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt64278
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt727311
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt849136
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm1BETTY MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm2GALE DEPUY
IRS990/Form990PartVIISectionAGrp/PersonNm3LARRY ULLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4WILLIAM BOWERSOCK
IRS990/Form990PartVIISectionAGrp/PersonNm5ELDON MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL FLEEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7JACK BRAGG
IRS990/Form990PartVIISectionAGrp/PersonNm8NATHAN WHITACRE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt06950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16850
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt35450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt45250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt55100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt64800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7132697
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8113003
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5ASST SECY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt7GENERAL MGR/
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIR OF ENG &
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt013387
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt014914
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt010333
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt010333
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt04581
IRS990/GrantsToDomesticOrgsGrp/TotalAmt04581
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt013387
IRS990/GrossReceiptsAmt018016557
IRS990/GrossRentsGrp/RealAmt0199746
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0112237
IRS990/InformationTechnologyGrp/TotalAmt0112237
IRS990/InsuranceGrp/ProgramServicesAmt059004
IRS990/InsuranceGrp/TotalAmt059004
IRS990/InterestGrp/ProgramServicesAmt01116424
IRS990/InterestGrp/TotalAmt01116424
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0362480
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0358212
IRS990/InvestmentIncomeGrp/ExclusionAmt0130722
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0130722
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt07733110
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt07720645
IRS990/IRPDocumentCnt025
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012577805
IRS990/LandBldgEquipBasisNetGrp/BOYAmt035878749
IRS990/LandBldgEquipBasisNetGrp/EOYAmt036241164
IRS990/LandBldgEquipCostOrOtherBssAmt048818969
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt017305086
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDING ELECTRIC POWER TO COOPERATIVE MEMBERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt023563472
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt024351504
IRS990/NetAssetsOrFundBalancesBOYAmt021735162
IRS990/NetAssetsOrFundBalancesEOYAmt022262599
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt013387
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt013387
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0199746
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0199746
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt083720
IRS990/OfficeExpensesGrp/TotalAmt083720
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0674429
IRS990/OtherAssetsTotalGrp/EOYAmt0616378
IRS990/OtherChangesInNetAssetsAmt0-448212
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0391957
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0391957
IRS990/OtherExpensesGrp/Desc0COST OF POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION - MAINTENANC
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION - OPERATION
IRS990/OtherExpensesGrp/Desc3EXCISE TAX
IRS990/OtherExpensesGrp/ProgramServicesAmt08872373
IRS990/OtherExpensesGrp/ProgramServicesAmt11499238
IRS990/OtherExpensesGrp/ProgramServicesAmt2695056
IRS990/OtherExpensesGrp/ProgramServicesAmt3514087
IRS990/OtherExpensesGrp/TotalAmt08872373
IRS990/OtherExpensesGrp/TotalAmt11499238
IRS990/OtherExpensesGrp/TotalAmt2695056
IRS990/OtherExpensesGrp/TotalAmt3514087
IRS990/OtherLiabilitiesGrp/BOYAmt0500000
IRS990/OtherRevenueMiscGrp/Desc0PATRONAGE CAP FROM ASSOC ORG
IRS990/OtherRevenueMiscGrp/ExclusionAmt0367616
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0367616
IRS990/OtherRevenueTotalAmt0367616
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0944264
IRS990/OtherSalariesAndWagesGrp/TotalAmt0944264
IRS990/OtherSourcesGrossIncomeAmt0711471
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0110586
IRS990/PayrollTaxesGrp/TotalAmt0110586
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0308018
IRS990/PensionPlanContributionsGrp/TotalAmt0308018
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0103466
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0106501
IRS990/PrincipalOfficerNm0DAVID MILLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SALE OF ELECTRICITY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt017305086
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt017305086
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt015593
IRS990/PYInvestmentIncomeAmt0154716
IRS990/PYOtherExpensesAmt014941762
IRS990/PYOtherRevenueAmt01039981
IRS990/PYProgramServiceRevenueAmt016323306
IRS990/PYRevenuesLessExpensesAmt0563071
IRS990/PYSalariesCompEmpBnftPaidAmt01997577
IRS990/PYTotalExpensesAmt016954932
IRS990/PYTotalRevenueAmt017518003
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0975649
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0199746
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt021735162
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt022262599
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02337796
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0615298
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02953094
IRS990ScheduleD/EquipmentGrp/BookValueAmt0990118
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01201141
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02191259
IRS990ScheduleD/ExpensesNotReportedAmt0448212
IRS990ScheduleD/ExpensesSubtotalAmt017040908
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0407287
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0407287
IRS990ScheduleD/OtherExpensesIncludedAmt0448212
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt032505963
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010761366
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt043267329
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt06655758
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1530168
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2203625
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3167618
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt499329
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt564147
IRS990ScheduleD/OtherSecuritiesGrp/Desc0BUCKEYE POWER
IRS990ScheduleD/OtherSecuritiesGrp/Desc1CAPITAL CERTIFICATES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2NRUCFC
IRS990ScheduleD/OtherSecuritiesGrp/Desc3RESCO
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/RevenueSubtotalAmt018016557
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 2013, 2014 AND 2015 ARE STILL OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RETIREMENT OF PATRONAGE CAPITAL 436,812 UNREL GAIN RELATED TO NONPENSION 11,400
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt036241164
IRS990ScheduleD/TotalBookValueSecuritiesAmt07720645
IRS990ScheduleD/TotalExpensesPerForm990Amt017040908
IRS990ScheduleD/TotalRevenuePerForm990Amt018016557
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt018016557
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt017489120
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt04233
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt16100
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1CONSUMER REBATES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt136
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/BaseCompensationFilingOrgAmt0132697
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1113003
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt027311
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt149136
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JACK BRAGG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1NATHAN WHITACRE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0GENERAL MGR/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIR OF ENG & IT SERV
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0160008
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1162139
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.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS/OWNERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ELECT TRUSTEES AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BYLAW CHANGES AND SOME ISSUES ARE VOTED ON BY THE MEMBER/OWNERS.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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
2016Detailed filing. Detailed filing data is available for this year.$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