Civic Intelligence

Harrison County Rural Electric

990 • Fiscal year 2019 • EIN 35-0367872

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 14, 2020

Organization ProfileWWW.HARRISONREMC.COM
P O Box 517Corydon, IN 47112-0517

(812) 738-4115

Siviq Scores

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

Liabilities / Assets

11th percentile

0.29x

Higher debt load relative to assets than 11% of similar nonprofits.

2019 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2019

Liabilities / Revenue

8th percentile

0.57x

Higher debt load relative to revenue than 8% of similar nonprofits.

2019 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2019

Net Margin

52nd percentile

0.0%

Higher net margin than 52% of similar nonprofits.

2019 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2019

Top Officer Pay

48th percentile

$310,742

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2019 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

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

Source year 2019

Revenue Growth

Score unavailable

No value available

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

Source year 2019

Balance Sheet
Liabilities / Assets11th percentile

Assets

$118,902,464

No earlier filing loaded for comparison.

Net Assets

$84,177,670

No earlier filing loaded for comparison.

Liabilities

$34,724,794

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin52nd percentile

Revenue

$61,020,386

No earlier filing loaded for comparison.

Expenses

$61,020,386

No earlier filing loaded for comparison.

Net Income

$0

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150M$100M$50M$0Assets 2019: $118,902,464Liabilities 2019: $34,724,794Net Assets 2019: $84,177,6702019Assets 2020: $125,723,539Liabilities 2020: $38,934,108Net Assets 2020: $86,789,4312020Assets 2021: $130,552,109Liabilities 2021: $41,806,818Net Assets 2021: $88,745,2912021Assets 2022: $136,584,237Liabilities 2022: $46,459,708Net Assets 2022: $90,124,5292022Assets 2023: $140,234,781Liabilities 2023: $47,511,599Net Assets 2023: $92,723,1822023Assets 2024: $146,413,649Liabilities 2024: $49,894,303Net Assets 2024: $96,519,3462024

Highlighted filing

2019

Assets$118,902,464
Liabilities$34,724,794
Net Assets$84,177,670
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$80M$60M$40M$20M$0Revenue 2019: $61,020,386Expenses 2019: $61,020,386Net Income 2019: $02019Revenue 2020: $58,034,432Expenses 2020: $58,034,432Net Income 2020: $02020Revenue 2021: $57,440,710Expenses 2021: $57,440,710Net Income 2021: $02021Revenue 2022: $62,057,885Expenses 2022: $62,057,885Net Income 2022: $02022Revenue 2023: $65,522,696Expenses 2023: $65,522,696Net Income 2023: $02023Revenue 2024: $69,592,170Expenses 2024: $69,592,170Net Income 2024: $02024

Highlighted filing

2019

Revenue$61,020,386
Expenses$61,020,386
Net Income$0
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 14, 2020
Return Version
2019v5.1
Gross Receipts
$61,020,386
Mission and Program Overview

Mission

The mission of harrison remc is to provide a well-informed membership with superior, competitively priced, electric and related customer service(s), accomplished by highly trained, committed employees. It is further the mission to improve the quality of life for our members by promoting community, economic developement and energy efficiency activities.

Distribution of electricity to approximately 20,100 members on a cooperative basis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$80,303,242$83,212,148▲ $2,908,906
Land, Buildings, and Equipment, Net$71,679,178$75,431,193▲ $3,752,015
Investments Program Related$29,389,087$30,177,046▲ $787,959
Accounts Receivable$9,469,491$6,551,430▼ $2,918,061
Cash and Non-Interest-Bearing Accounts$857,823$3,608,895▲ $2,751,072
Inventories for Sale or Use$1,494,412$1,721,497▲ $227,085
Prepaid Expenses and Deferred Charges$1,623,203$1,384,562▼ $238,641
Pd in Cap Srpls Land Bldg Eqp Fund$197,505$965,522▲ $768,017
Investments in Publicly Traded Securities$26,083$27,841▲ $1,758
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$114,539,277$118,902,464▲ $4,363,187
Liabilities
Mortgage Notes Payable Secured by Investment Property$27,187,032$27,782,178▲ $595,146
Other Liabilities$4,067,470$4,201,818▲ $134,348
Accounts Payable and Accrued Expenses$2,784,028$2,740,798▼ $43,230
Total Liabilities$34,038,530$34,724,794▲ $686,264
Net Assets / Fund Balance
Total Net Assets Fund Balance$80,500,747$84,177,670▲ $3,676,923
Total Liabilities and Net Assets / Fund Balance$114,539,277$118,902,464▲ $4,363,187

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$71,919,162$23,237,206$95,156,368
Leasehold Improvements$1,905,424$4,266,740$6,172,164
Buildings$1,445,033$1,882,905$3,327,938
Land$161,574-$161,574
Investment Program Related Org$2,126,593--
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David C LettChief Executive OfficerFT$228,995$81,747$310,742
Justin SwarensOperations and AdministratFT$133,863$11,404$145,267
Steven MooreBusiness ManagerFT$114,962$29,453$144,415
Timothy BlandLinemanFT$117,518$24,495$142,013
Clayton NixLinemanFT$115,279$22,968$138,247
William BaelzLinemanFT$112,849$23,309$136,158
David L WaltherDirector-$19,733-$19,733
Patrick BookPresident-$19,640-$19,640
David PoeSecretary/treasurer-$17,662-$17,662
C Todd UhlDirector-$16,308-$16,308
Danny WisemanDirectorPT$15,719-$15,719
Craig EnglemanDirector-$11,817-$11,817
Brian KoetterVice President-$11,800-$11,800
Darin DuncanDirector-$10,198-$10,198
Roy ZimmermanDirector-$9,012-$9,012

Highest Paid Contractors

ContractorServicesLocationCompensation
Electricom LLCElectric Plant ConstructionPO BOX 319, Paoli, IN 47454$1,385,089
Electricom Right Of Way Services LLCRight Of Way ClearingPO BOX 319, Paoli, IN 47454$1,155,993
William E Groves ConstructionElectric Plant Construction3135 GRAPEVINE RD, Madisonville, KY 42431$666,458
S&m NixExcavating13060 FREDERICKSBURG RD NW, Depauw, IN 47115$489,086
Dj Windell INCElectric Plant Construction3094 OLD HEINZ RD NE, Corydon, IN 47112$323,458
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$58,196,044
Investment Income
$1,087,643
Other Revenue
$1,736,699
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$61,020,386
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$61,020,386
Total Revenue per Form 990
$61,020,386
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$51,769,747
Salaries, Compensation, and Employee Benefits$4,707,274
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$4,543,365
Other Salaries and Wages---$2,117,925
Interest---$1,465,861
Current Officers, Directors, Trustees, and Key Employees---$1,148,731
All Other Expenses---$1,020,371
Other Expenses---$818,920
Other Employee Benefits---$704,942
Pension Plan Contributions---$437,290
Payroll Taxes---$298,386
Total Functional Expenses$0$0$0$61,020,386

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$61,020,386
Expenses per Audited Statements$56,477,021
Total Expenses per Audited Statements$56,477,021
Expenses Not Reported on Financial Statements$4,543,365
Other Expense Adjustments$4,543,365
Expenses Not Reported on Form 990$0
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
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$2,000
Total Exempt Function Spending$2,000

Section 527 Organizations

OrganizationLocationAmount
35-1998087Indianapolis, IN$2,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Advances for Construction$1,598,821
Consumer Deposits$1,407,957
Post Employment Benefit Sick Leave Payable$742,794
Accumulated Post-retirement Benefit Obligation$452,246
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
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, Part VI, Section A, Line 6

“Harrison remc is a cooperative owned by its approximate 20,100 members.”

Form 990, Part VI, Section A, Line 7A

“All members are entitled to vote for the board of directors at its annual meeting”

Form 990, Part VI, Section A, Line 7B

“Governance decisions are subject to approval by the governing body”

Form 990, Part VI, Section B, Line 11B

“The form 990 was reviewed by the board of directors and ceo before it was filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is periodically reviewed by the board of directors and ceo.”

Form 990, Part VI, Section B, Line 15A

“Board of directors reviews state and national salary surveys for comparable positions.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy and annual financial statements are available upon written request.”

Filing and Contact Details

Filer

Filer Name
Harrison County Rural Electric
EIN
35-0367872
Phone
8127384115
Address
P O BOX 517, CORYDON, IN 47112-0517
Doing Business As
Harrison Remc

Signing Officer

Name
David Lett
Title
Chief Executive Officer
Phone
8127384115
Signed
2020-09-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David C Lett
Formed
1938
Legal Domicile
In
Voting Board Members
9
Independent Board Members
9
Employees
58
Volunteers
0

Preparer

Firm
MONROE SHINE & CO INC CPA'S
Address
PO BOX 1407, NEW ALBANY, IN 47151-1407
Preparer
Joe a Boesing CPA
Phone
8129452311
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“2019 margins allocated to members 4,543,365. Decrease in accumulated other comprehensive income -11,755. Retirement of patronage capital to members -854,687.”

Form 990, Part XI, Line 2C

“No change from the prior year”

Financial Statement Notes

PART X, LINE 2:

“The organization has no uncertain tax positions at december 31, 2019”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“2019 margins allocated to members 4,543,365.”

Raw XML AppendixShowing 400 of 520 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/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10LINEMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt11LINEMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt12BUSINESS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt13OPERATIONS AND ADMINISTRAT
IRS990/Form990PartVIISectionAGrp/TitleTxt14LINEMAN
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01938
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt061020386
IRS990/GrossRentsGrp/PersonalAmt0312909
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt012
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt01465861
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01494412
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01721497
IRS990/InvestmentIncomeGrp/ExclusionAmt01087643
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01087643
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt029389087
IRS990/InvestmentsProgramRelatedGrp/EOYAmt030177046
IRS990/InvestmentsPubTradedSecGrp/BOYAmt026083
IRS990/InvestmentsPubTradedSecGrp/EOYAmt027841
IRS990/IRPDocumentCnt029
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt029386851
IRS990/LandBldgEquipBasisNetGrp/BOYAmt071679178
IRS990/LandBldgEquipBasisNetGrp/EOYAmt075431193
IRS990/LandBldgEquipCostOrOtherBssAmt0104818044
IRS990/LegalDomicileStateCd0IN
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt058196044
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF HARRISON REMC IS TO PROVIDE A WELL-INFORMED MEMBERSHIP WITH SUPERIOR, COMPETITIVELY PRICED, ELECTRIC AND RELATED CUSTOMER SERVICE(S), ACCOMPLISHED BY HIGHLY TRAINED, COMMITTED EMPLOYEES. IT IS FURTHER THE MISSION TO IMPROVE THE QUALITY OF LIFE FOR OUR MEMBERS BY PROMOTING COMMUNITY, ECONOMIC DEVELOPEMENT AND ENERGY EFFICIENCY ACTIVITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt027187032
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt027782178
IRS990/NetAssetsOrFundBalancesBOYAmt080500747
IRS990/NetAssetsOrFundBalancesEOYAmt084177670
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0312909
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0312909
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt03676923
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0704942
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1DEPRECIATION EXPENSE
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION EXPENSE
IRS990/OtherExpensesGrp/Desc3UTILITIES RECEIPTS TAX
IRS990/OtherExpensesGrp/TotalAmt042529502
IRS990/OtherExpensesGrp/TotalAmt13616466
IRS990/OtherExpensesGrp/TotalAmt22318627
IRS990/OtherExpensesGrp/TotalAmt3818920
IRS990/OtherLiabilitiesGrp/BOYAmt04067470
IRS990/OtherLiabilitiesGrp/EOYAmt04201818
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/Desc0PATRONAGE ALLOCATIONS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01423790
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01423790
IRS990/OtherRevenueTotalAmt01423790
IRS990/OtherSalariesAndWagesGrp/TotalAmt02117925
IRS990/OtherSourcesGrossIncomeAmt02044178
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt0298386
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0197505
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0965522
IRS990/PensionPlanContributionsGrp/TotalAmt0437290
IRS990/PoliticalCampaignActyInd01
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01623203
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01384562
IRS990/PrincipalOfficerNm0DAVID C LETT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt058196044
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt058196044
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt04588690
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01007213
IRS990/PYOtherExpensesAmt053364851
IRS990/PYOtherRevenueAmt01701131
IRS990/PYProgramServiceRevenueAmt059697721
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt04452524
IRS990/PYTotalExpensesAmt062406065
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt062406065
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt0312909
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt080303242
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt083212148
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/Form1120POLFiledInd01
IRS990ScheduleC/InternalFundsContributedAmt02000
IRS990ScheduleC/PoliticalExpendituresAmt02000
IRS990ScheduleC/Section527PoliticalOrgGrp/EIN0351998087
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0INDIANA FORE - POLITICAL ACTION
IRS990ScheduleC/Section527PoliticalOrgGrp/PaidInternalFundsAmt02000
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt08888 KEYSTONE CROSSING SUITE 1600
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0INDIANAPOLIS
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd046240
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0HARRISON COUNTY REMC DONATED TO INDIANA FORE, A POLITICAL ACTION GROUP WORKING IN THE INTEREST OF RURAL UTILITIES.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I-A, LINE 1:
IRS990ScheduleC/TotalExemptFunctionExpendAmt02000
IRS990ScheduleD/BuildingsGrp/BookValueAmt01445033
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01882905
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03327938
IRS990ScheduleD/EquipmentGrp/BookValueAmt071919162
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023237206
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt095156368
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt04543365
IRS990ScheduleD/ExpensesSubtotalAmt056477021
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt028050453
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12126593
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PATRONAGE CAPITAL IN WHOLESALE POWER SUPPLIER
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1PATRONAGE CAPITAL IN OTHER VENDOR/COOPERATIVES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt0161574
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0161574
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01905424
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04266740
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06172164
IRS990ScheduleD/OtherExpensesNotIncludedAmt04543365
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0452246
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1742794
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21598821
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31407957
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCUMULATED POST-RETIREMENT BENEFIT OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1POST EMPLOYMENT BENEFIT SICK LEAVE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CUSTOMER ADVANCES FOR CONSTRUCTION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CONSUMER DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt061020386
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2019
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt12019 MARGINS ALLOCATED TO MEMBERS 4,543,365.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt075431193
IRS990ScheduleD/TotalBookValueProgramRltdAmt030177046
IRS990ScheduleD/TotalExpensesPerForm990Amt061020386
IRS990ScheduleD/TotalLiabilityAmt04201818
IRS990ScheduleD/TotalRevenuePerForm990Amt061020386
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt061020386
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt056477021
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$118,902,464
Liabilities
$34,724,794
Net assets
$84,177,670
Revenue
$61,020,386
Expenses
$61,020,386
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$146$49.9$96.5$69.6$69.6$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$140$47.5$92.7$65.5$65.5$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$137$46.5$90.1$62.1$62.1$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$131$41.8$88.7$57.4$57.4$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$126$38.9$86.8$58.0$58.0$0.00
2019Detailed filing. Detailed filing data is available for this year.$119$34.7$84.2$61.0$61.0$0.00