Civic Intelligence

Carroll Electric Cooperative Inc

990 • Fiscal year 2016 • EIN 34-0133865

Jan 01, 2016 to Dec 31, 2016 • Filed on May 23, 2017

Organization ProfileWWW.CECPOWER.COOP
PO Box 67Carrollton, OH 44615

(330) 627-2116

Siviq Scores

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

Liabilities / Assets

74th percentile

0.62x

Higher debt load relative to assets than 74% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

61st percentile

1.51x

Higher debt load relative to revenue than 61% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2016

Net Margin

79th percentile

6.4%

Higher net margin than 79% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

76th percentile

$288,491

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2016

Asset Growth

67th percentile

4.1%

Faster asset growth than 67% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

18th percentile

-4.3%

Faster revenue growth than 18% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$54,238,750

Up $2,143,768 (+4.1%) from 2015

Net Assets

Up

$20,386,903

Up $629,642 (+3.2%) from 2015

Liabilities

Up

$33,851,847

Up $1,514,126 (+4.7%) from 2015

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin79th percentile

Revenue

Down

$22,416,864

Down $1,008,215 (-4.3%) from 2015

Expenses

Down

$20,976,386

Down $716,521 (-3.3%) from 2015

Net Income

Down

$1,440,478

Down $291,694 (-17%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

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

$80M$60M$40M$20M$0Assets 2010: $43,951,989Liabilities 2010: $27,943,319Net Assets 2010: $16,008,6702010Assets 2011: $44,766,316Liabilities 2011: $28,054,334Net Assets 2011: $16,711,9822011Assets 2012: $45,350,529Liabilities 2012: $28,154,787Net Assets 2012: $17,195,7422012Assets 2013: $47,557,193Liabilities 2013: $29,696,849Net Assets 2013: $17,860,3442013Assets 2014: $48,930,966Liabilities 2014: $30,169,849Net Assets 2014: $18,761,1172014Assets 2015: $52,094,982Liabilities 2015: $32,337,721Net Assets 2015: $19,757,2612015Assets 2016: $54,238,750Liabilities 2016: $33,851,847Net Assets 2016: $20,386,9032016Assets 2017: $55,086,597Liabilities 2017: $33,971,161Net Assets 2017: $21,115,4362017Assets 2018: $57,556,178Liabilities 2018: $34,644,492Net Assets 2018: $22,911,6862018Assets 2019: $59,901,505Liabilities 2019: $36,350,728Net Assets 2019: $23,550,7772019Assets 2020: $61,790,418Liabilities 2020: $37,519,628Net Assets 2020: $24,270,7902020Assets 2021: $63,382,238Liabilities 2021: $38,034,707Net Assets 2021: $25,347,5312021Assets 2022: $65,336,212Liabilities 2022: $39,159,490Net Assets 2022: $26,176,7222022Assets 2023: $67,930,352Liabilities 2023: $40,755,720Net Assets 2023: $27,174,6322023Assets 2024: $70,256,703Liabilities 2024: $42,313,573Net Assets 2024: $27,943,1302024

Highlighted filing

2016

Assets$54,238,750
Liabilities$33,851,847
Net Assets$20,386,903
Open 2016 Filing

Operations Trend

Revenue Growth18th percentile

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

$30M$20M$10M$0Expenses 2010: $18,844,1762010Expenses 2011: $19,744,1212011Expenses 2012: $20,460,9672012Revenue 2013: $22,586,895Expenses 2013: $21,189,401Net Income 2013: $1,397,4942013Revenue 2014: $23,682,369Expenses 2014: $22,034,236Net Income 2014: $1,648,1332014Revenue 2015: $23,425,079Expenses 2015: $21,692,907Net Income 2015: $1,732,1722015Revenue 2016: $22,416,864Expenses 2016: $20,976,386Net Income 2016: $1,440,4782016Revenue 2017: $21,819,903Expenses 2017: $20,523,818Net Income 2017: $1,296,0852017Revenue 2018: $23,974,696Expenses 2018: $21,602,572Net Income 2018: $2,372,1242018Revenue 2019: $23,058,828Expenses 2019: $21,949,992Net Income 2019: $1,108,8362019Revenue 2020: $23,638,163Expenses 2020: $22,525,664Net Income 2020: $1,112,4992020Revenue 2021: $24,939,273Expenses 2021: $23,259,394Net Income 2021: $1,679,8792021Revenue 2022: $25,547,711Expenses 2022: $24,168,400Net Income 2022: $1,379,3112022Revenue 2023: $26,209,128Expenses 2023: $24,759,880Net Income 2023: $1,449,2482023Revenue 2024: $27,743,504Expenses 2024: $26,376,439Net Income 2024: $1,367,0652024

Highlighted filing

2016

Revenue$22,416,864
Expenses$20,976,386
Net Income$1,440,478
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 23, 2017
Return Version
2016v3.0
Gross Receipts
$22,421,964
Mission and Program Overview

Mission

Carroll electric cooperative inc provides electricity to its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$38,753,179$40,011,504▲ $1,258,325
Cap Stk Tr Prin Current Funds$18,362,162$18,856,287▲ $494,125
Investments Program Related$10,310,784$10,264,586▼ $46,198
Accounts Receivable$1,684,569$1,732,894▲ $48,325
Rtn Earn Endowment Incm Other Fnds$1,395,099$1,530,616▲ $135,517
Cash and Non-Interest-Bearing Accounts$253,762$1,253,783▲ $1,000,021
Prepaid Expenses and Deferred Charges$927,902$786,747▼ $141,155
Total Assets$52,094,982$54,238,750▲ $2,143,768
Other Assets Total$164,786$189,236▲ $24,450
Liabilities
Mortgage Notes Payable Secured by Investment Property$29,192,568$30,432,360▲ $1,239,792
Accounts Payable and Accrued Expenses$2,317,090$2,439,906▲ $122,816
Deferred Revenue$828,063$979,581▲ $151,518
Total Liabilities$32,337,721$33,851,847▲ $1,514,126
Net Assets / Fund Balance
Total Net Assets Fund Balance$19,757,261$20,386,903▲ $629,642
Total Liabilities and Net Assets / Fund Balance$52,094,982$54,238,750▲ $2,143,768

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$39,129,787$16,165,274$55,295,061
Buildings$364,818$467,952$832,770
Other Land Buildings$472,612-$472,612
Land$44,287-$44,287
Investment Program Related Org$289,803--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Larry FenbersCEO/generalFT$221,857$66,634$288,491
Larry FenbersCEO/general Manager-$221,857$66,634$288,491
Harold SuttonChairmanPT$12,150-$12,150
Harold BarberSecretary/tePT$11,950-$11,950
Robert MccortDirectorPT$10,550-$10,550
Frank ChiurcoDirector-$8,950-$8,950
Gary SnodeVice Chairma-$8,350-$8,350
Kevin TullisDirector-$8,350-$8,350
Diane TarkaDirector-$7,550-$7,550
Kenneth BrownDirector-$7,550-$7,550
William CasperDirector-$7,150-$7,150

Highest Paid Contractors

ContractorServicesLocationCompensation
The Davey Tree Expert CompanyTree ClearingPO BOX 5193, Kent, OH 44240-5193$1,102,021
New River Electrical CorporationConstructionPO BOX 70, Colverdale, VA 24077-0070$473,497
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$21,856,168
Investment Income
$23,628
Other Revenue
$537,068
Change in Net Assets
$1,440,478

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,416,864
Total Revenue per Audited Statements
$22,416,864
Total Revenue per Form 990
$22,416,864
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$20,415,200
Salaries, Compensation, and Employee Benefits$554,368
Grants and Similar Amounts Paid$6,818
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,510,491--$1,510,491
Interest$1,171,658--$1,171,658
Other Expenses$617,918--$617,918
Current Officers, Directors, Trustees, and Key Employees$304,407--$304,407
Office Expenses$220,470--$220,470
All Other Expenses$212,680--$212,680
Other Salaries and Wages$148,126--$148,126
Occupancy$119,764--$119,764
Other Employee Benefits$52,660--$52,660
Pension Plan Contributions$49,175--$49,175
Fees for Services Other$46,187--$46,187
Travel$31,688--$31,688
Grants to Domestic Individuals$4,800--$4,800
Grants to Domestic Orgs$2,018--$2,018
Total Functional Expenses$20,976,386$0$0$20,976,386

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$21,038,722
Expenses per Audited Statements$20,976,386
Total Expenses per Form 990$20,976,386
Expenses Not Reported on Form 990$62,336
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The members are all customers of the co-op and are entitled to vote.”

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

“The organization's members may elect one or more members of the governing body.”

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

“A copy of the 990 is provided to each board member and they have the opportunity to review it and ask questions during the meeting. The 990 is filed after approval by the board.”

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

“Any reported information is reviewed by the general manager/ceo and the board for potential conflicts. These conflicts would be discussed in the board room or with legal counsel if appropriate.”

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

“The board reviews 990 data of other similar size co-ops to review ceo compensation. The board also utilized nreca's 2013 compensation study to review ceo compensation for co-ops of similar size and location.”

Form 990, Page 6, Part VI, Line 19

“All governing documents are available upon request by calling or writing the office.”

Filing and Contact Details

Filer

Filer Name
Carroll Electric Cooperative Inc
EIN
34-0133865
Phone
3306272116
Address
PO BOX 67, CARROLLTON, OH 44615

Signing Officer

Name
Larry Fenbers
Title
CEO/general Manager
Phone
3306272116
Signed
2017-05-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Fenbers
Formed
1937
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
9
Employees
32

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

“Increase in other equities 135,107 retirement of capital credits -884,017 change in membership fees 410 increase in allowance for bad debt -62,336 total -810,836”

Financial Statement Notes

Schedule D, Page 3, Part X

“The cooperatice complies with asc 740-10 related to uncertain tax positions. Asc 740-10 prescribes a 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 cooperatice on its tax return 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

“Uncollectible accounts 62,336”

Raw XML AppendixShowing 400 of 455 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/BOYAmt02317090
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02439906
IRS990/AccountsReceivableGrp/BOYAmt01684569
IRS990/AccountsReceivableGrp/EOYAmt01732894
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CARROLL ELECTRIC COOPERATIVE INC PROVIDES ELECTRICITY TO ITS MEMBERS.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0212680
IRS990/AllOtherExpensesGrp/TotalAmt0212680
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0DEANNA SMITH
IRS990/BooksInCareOfDetail/PhoneNum03306272116
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0350 CANTON RD NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0CARROLLTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0446150067
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt018362162
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt018856287
IRS990/CashNonInterestBearingGrp/BOYAmt0253762
IRS990/CashNonInterestBearingGrp/EOYAmt01253783
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0304407
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0304407
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContractorCompensationGrp/CompensationAmt01102021
IRS990/ContractorCompensationGrp/CompensationAmt1473497
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 5193
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 70
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0KENT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1COLVERDALE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd0442405193
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd1240770070
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0THE DAVEY TREE EXPERT COMPANY
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1NEW RIVER ELECTRICAL CORPORATION
IRS990/ContractorCompensationGrp/ServicesDesc0TREE CLEARING
IRS990/ContractorCompensationGrp/ServicesDesc1CONSTRUCTION
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt06818
IRS990/CYInvestmentIncomeAmt023628
IRS990/CYOtherExpensesAmt020415200
IRS990/CYOtherRevenueAmt0537068
IRS990/CYProgramServiceRevenueAmt021856168
IRS990/CYRevenuesLessExpensesAmt01440478
IRS990/CYSalariesCompEmpBnftPaidAmt0554368
IRS990/CYTotalExpensesAmt020976386
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt022416864
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0828063
IRS990/DeferredRevenueGrp/EOYAmt0979581
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01510491
IRS990/DepreciationDepletionGrp/TotalAmt01510491
IRS990/Desc0CARROLL ELECTRIC COOPERATIVE (CEC) HAS BEEN COMMITTED TO PROVIDING RELIABLE ELECTRIC SERVICE TO CARROLL, COLUMBIANA, HARRISON, JEFFERSON, TUSCARAWAS AND STARK COUNTIES. CEC PROVIDES ELECTRICAL SERVICE TO NEARLY 12,501 CUSTOMERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt032
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt046187
IRS990/FeesForServicesOtherGrp/TotalAmt046187
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt06.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt16.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt54.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt64.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt74.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt84.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt966634
IRS990/Form990PartVIISectionAGrp/PersonNm0HAROLD SUTTON
IRS990/Form990PartVIISectionAGrp/PersonNm1HAROLD BARBER
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT MCCORT
IRS990/Form990PartVIISectionAGrp/PersonNm3FRANK CHIURCO
IRS990/Form990PartVIISectionAGrp/PersonNm4GARY SNODE
IRS990/Form990PartVIISectionAGrp/PersonNm5KEVIN TULLIS
IRS990/Form990PartVIISectionAGrp/PersonNm6KENNETH BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm7DIANE TARKA
IRS990/Form990PartVIISectionAGrp/PersonNm8WILLIAM CASPER
IRS990/Form990PartVIISectionAGrp/PersonNm9LARRY FENBERS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt012150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt111950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210550
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt38950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt48350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt58350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt67550
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt77550
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt87150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9221857
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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TE
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO/GENERAL
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01937
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-2444
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt04800
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt04800
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02018
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02018
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02656
IRS990/GrossReceiptsAmt022421964
IRS990/GrossRentsGrp/RealAmt011773
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt01171658
IRS990/InterestGrp/TotalAmt01171658
IRS990/InvestmentIncomeGrp/ExclusionAmt026072
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt026072
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt010310784
IRS990/InvestmentsProgramRelatedGrp/EOYAmt010264586
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt016633226
IRS990/LandBldgEquipBasisNetGrp/BOYAmt038753179
IRS990/LandBldgEquipBasisNetGrp/EOYAmt040011504
IRS990/LandBldgEquipCostOrOtherBssAmt056644730
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt05100
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt021378900
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CARROLL ELECTRIC COOPERATIVE INC PROVIDES ELECTRICITY TO ITS MEMBERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt029192568
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt030432360
IRS990/NetAssetsOrFundBalancesBOYAmt019757261
IRS990/NetAssetsOrFundBalancesEOYAmt020386903
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-2444
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2444
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt011773
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt011773
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0119764
IRS990/OccupancyGrp/TotalAmt0119764
IRS990/OfficeExpensesGrp/ProgramServicesAmt0220470
IRS990/OfficeExpensesGrp/TotalAmt0220470
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0164786
IRS990/OtherAssetsTotalGrp/EOYAmt0189236
IRS990/OtherChangesInNetAssetsAmt0-810836
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt052660
IRS990/OtherEmployeeBenefitsGrp/TotalAmt052660
IRS990/OtherExpensesGrp/Desc0COST OF POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION EXP-MAINT
IRS990/OtherExpensesGrp/Desc2TAX EXPENSE
IRS990/OtherExpensesGrp/Desc3CONSUMER SERVICE EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt012070763
IRS990/OtherExpensesGrp/ProgramServicesAmt13700795
IRS990/OtherExpensesGrp/ProgramServicesAmt2712786
IRS990/OtherExpensesGrp/ProgramServicesAmt3617918
IRS990/OtherExpensesGrp/TotalAmt012070763
IRS990/OtherExpensesGrp/TotalAmt13700795
IRS990/OtherExpensesGrp/TotalAmt2712786
IRS990/OtherExpensesGrp/TotalAmt3617918
IRS990/OtherRevenueMiscGrp/Desc0SERVICE TERRITORY TERMINATION
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0525295
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0525295
IRS990/OtherRevenueTotalAmt0525295
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0148126
IRS990/OtherSalariesAndWagesGrp/TotalAmt0148126
IRS990/OtherSourcesGrossIncomeAmt01037964
IRS990/PartialLiquidationInd0false
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt049175
IRS990/PensionPlanContributionsGrp/TotalAmt049175
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0927902
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0786747
IRS990/PrincipalOfficerNm0LARRY FENBERS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SALE OF ELECTRIC SERV
IRS990/ProgramServiceRevenueGrp/Desc1OTHER CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/Desc2PATRONAGE CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt021378900
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1419903
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt257365
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt021378900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1419903
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt257365
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt08116
IRS990/PYInvestmentIncomeAmt014953
IRS990/PYOtherExpensesAmt021142964
IRS990/PYOtherRevenueAmt0199231
IRS990/PYProgramServiceRevenueAmt023210895
IRS990/PYRevenuesLessExpensesAmt01732172
IRS990/PYSalariesCompEmpBnftPaidAmt0541827
IRS990/PYTotalExpensesAmt021692907
IRS990/PYTotalRevenueAmt023425079
IRS990/ReconcilationRevenueExpnssAmt01440478
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt011773
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01395099
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01530616
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0364818
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0467952
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0832770
IRS990ScheduleD/EquipmentGrp/BookValueAmt039129787
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016165274
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt055295061
IRS990ScheduleD/ExpensesNotReportedAmt062336
IRS990ScheduleD/ExpensesSubtotalAmt020976386
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt08596976
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11377807
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2289803
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PATRONAGE CAPITAL
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1OTHER
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2ENERGY RELATED INVESTMENTS
IRS990ScheduleD/LandGrp/BookValueAmt044287
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt044287
IRS990ScheduleD/OtherExpensesIncludedAmt062336
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0472612
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0472612
IRS990ScheduleD/RevenueSubtotalAmt022416864
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COOPERATICE COMPLIES WITH ASC 740-10 RELATED TO UNCERTAIN TAX POSITIONS. ASC 740-10 PRESCRIBES A 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 COOPERATICE ON ITS TAX RETURN 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/ExplanationTxt1UNCOLLECTIBLE ACCOUNTS 62,336
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt040011504
IRS990ScheduleD/TotalBookValueProgramRltdAmt010264586
IRS990ScheduleD/TotalExpensesPerForm990Amt020976386
IRS990ScheduleD/TotalRevenuePerForm990Amt022416864
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt022416864
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt021038722
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0221857
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt066634
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LARRY FENBERS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO/GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0288491
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS ARE ALL CUSTOMERS OF THE CO-OP AND ARE ENTITLED TO VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S MEMBERS MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE 990 IS PROVIDED TO EACH BOARD MEMBER AND THEY HAVE THE OPPORTUNITY TO REVIEW IT AND ASK QUESTIONS DURING THE MEETING. THE 990 IS FILED AFTER APPROVAL BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY REPORTED INFORMATION IS REVIEWED BY THE GENERAL MANAGER/CEO AND THE BOARD FOR POTENTIAL CONFLICTS. THESE CONFLICTS WOULD BE DISCUSSED IN THE BOARD ROOM OR WITH LEGAL COUNSEL IF APPROPRIATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD REVIEWS 990 DATA OF OTHER SIMILAR SIZE CO-OPS TO REVIEW CEO COMPENSATION. THE BOARD ALSO UTILIZED NRECA'S 2013 COMPENSATION STUDY TO REVIEW CEO COMPENSATION FOR CO-OPS OF SIMILAR SIZE AND LOCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST BY CALLING OR WRITING THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6INCREASE IN OTHER EQUITIES 135,107 RETIREMENT OF CAPITAL CREDITS -884,017 CHANGE IN MEMBERSHIP FEES 410 INCREASE IN ALLOWANCE FOR BAD DEBT -62,336 TOTAL -810,836
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0CARROLL EL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PEOPLE FOR PEOPLE FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0341926880
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARITABLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 67
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CARROLLTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd044615
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt052094982
IRS990/TotalAssetsEOYAmt054238750
IRS990/TotalAssetsGrp/BOYAmt052094982
IRS990/TotalAssetsGrp/EOYAmt054238750
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt020976386
IRS990/TotalFunctionalExpensesGrp/TotalAmt020976386
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt032337721
IRS990/TotalLiabilitiesEOYAmt033851847

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$54,238,750
Liabilities
$33,851,847
Net assets
$20,386,903
Revenue
$22,416,864
Expenses
$20,976,386
Net income
$1,440,478
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$70.3$42.3$27.9$27.7$26.4$1.37
2023Detailed filing. Detailed filing data is available for this year.$67.9$40.8$27.2$26.2$24.8$1.45
2022Detailed filing. Detailed filing data is available for this year.$65.3$39.2$26.2$25.5$24.2$1.38
2021Detailed filing. Detailed filing data is available for this year.$63.4$38.0$25.3$24.9$23.3$1.68
2020Detailed filing. Detailed filing data is available for this year.$61.8$37.5$24.3$23.6$22.5$1.11
2019Detailed filing. Detailed filing data is available for this year.$59.9$36.4$23.6$23.1$21.9$1.11
2018Detailed filing. Detailed filing data is available for this year.$57.6$34.6$22.9$24.0$21.6$2.37
2017Detailed filing. Detailed filing data is available for this year.$55.1$34.0$21.1$21.8$20.5$1.30
2016Detailed filing. Detailed filing data is available for this year.$54.2$33.9$20.4$22.4$21.0$1.44
2015Detailed filing. Detailed filing data is available for this year.$52.1$32.3$19.8$23.4$21.7$1.73
2014Detailed filing. Detailed filing data is available for this year.$48.9$30.2$18.8$23.7$22.0$1.65
2013Detailed filing. Detailed filing data is available for this year.$47.6$29.7$17.9$22.6$21.2$1.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.4$28.2$17.2$20.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.8$28.1$16.7$19.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.0$27.9$16.0$18.8