Civic Intelligence

Harrison County Rural Electric

990 • Fiscal year 2020 • EIN 35-0367872

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 17, 2021

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

10th percentile

0.31x

Higher debt load relative to assets than 10% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

10th percentile

0.67x

Higher debt load relative to revenue than 10% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Net Margin

53rd percentile

0.0%

Higher net margin than 53% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

56th percentile

$352,371

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Asset Growth

62nd percentile

5.7%

Faster asset growth than 62% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

23rd percentile

-4.9%

Faster revenue growth than 23% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets10th percentile

Assets

Up

$125,723,539

Up $6,821,075 (+5.7%) from 2019

Net Assets

Up

$86,789,431

Up $2,611,761 (+3.1%) from 2019

Liabilities

Up

$38,934,108

Up $4,209,314 (+12%) from 2019

Revenue And Expenses
Liabilities / Revenue10th percentileNet Margin53rd percentile

Revenue

Down

$58,034,432

Down $2,985,954 (-4.9%) from 2019

Expenses

Down

$58,034,432

Down $2,985,954 (-4.9%) from 2019

Net Income

Flat

$0

Flat from 2019

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

2020

Assets$125,723,539
Liabilities$38,934,108
Net Assets$86,789,431
Open 2020 Filing

Operations Trend

Revenue Growth23rd percentile

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

2020

Revenue$58,034,432
Expenses$58,034,432
Net Income$0
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 17, 2021
Return Version
2020v4.1
Gross Receipts
$58,034,432
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 20,400 members on a cooperative basis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$83,212,148$85,520,221▲ $2,308,073
Land, Buildings, and Equipment, Net$75,431,193$78,136,532▲ $2,705,339
Investments Program Related$30,177,046$29,390,901▼ $786,145
Accounts Receivable$6,551,430$6,194,893▼ $356,537
Cash and Non-Interest-Bearing Accounts$3,608,895$5,935,021▲ $2,326,126
Investments in Publicly Traded Securities$27,841$3,054,909▲ $3,027,068
Inventories for Sale or Use$1,721,497$1,831,775▲ $110,278
Pd in Cap Srpls Land Bldg Eqp Fund$965,522$1,269,210▲ $303,688
Prepaid Expenses and Deferred Charges$1,384,562$1,179,508▼ $205,054
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$118,902,464$125,723,539▲ $6,821,075
Liabilities
Mortgage Notes Payable Secured by Investment Property$27,782,178$31,168,379▲ $3,386,201
Other Liabilities$4,201,818$4,366,514▲ $164,696
Accounts Payable and Accrued Expenses$2,740,798$3,399,215▲ $658,417
Total Liabilities$34,724,794$38,934,108▲ $4,209,314
Net Assets / Fund Balance
Total Net Assets Fund Balance$84,177,670$86,789,431▲ $2,611,761
Total Liabilities and Net Assets / Fund Balance$118,902,464$125,723,539▲ $6,821,075

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$74,557,357$24,372,317$98,929,674
Leasehold Improvements$2,058,157$4,507,837$6,565,994
Buildings$1,349,639$1,991,559$3,341,198
Land$171,379-$171,379
Investment Program Related Org$2,131,838--
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David C LettChief Executive OfficerFT$245,473$106,898$352,371
James WalterOperations-construction ManagerFT$120,859$56,658$177,517
Justin SwarensEngineering and Operations ManagerFT$151,138$18,097$169,235
Keith LieberAccounting ManagerFT$116,682$51,458$168,140
Steven MooreBusiness ManagerFT$125,042$36,469$161,511
Timothy BlandLinemanFT$116,037$34,724$150,761
Patrick BookPresident-$15,366-$15,366
David L WaltherDirector-$13,438-$13,438
Danny WisemanDirector-$13,394-$13,394
David PoeSecretary/treasurer-$13,161-$13,161
Brian KoetterVice President-$12,224-$12,224
C Todd UhlDirector-$11,806-$11,806
Darin DuncanDirector-$9,780-$9,780
Roy ZimmermanDirector-$8,623-$8,623
Craig EnglemanDirector-$8,584-$8,584

Highest Paid Contractors

ContractorServicesLocationCompensation
Electricom Right Of Way Services LLCRight Of Way ClearingPO BOX 319, Paoli, IN 47454$1,316,832
William E Groves ConstructionElectric Plant Construction3135 GRAPEVINE RD, Madisonville, KY 42431$1,060,073
Electricom LLCElectric Plant ConstructionPO BOX 319, Paoli, IN 47454$817,190
S&m NixExcavating13060 FREDERICKSBURG RD NW, Depauw, IN 47115$377,752
Dj Windell INCElectric Plant Construction3094 OLD HEINZ RD NE, Corydon, IN 47112$351,112
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$56,115,479
Investment Income
$700,297
Other Revenue
$1,218,656
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$58,034,432
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$58,034,432
Total Revenue per Form 990
$58,034,432
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,488,400
Salaries, Compensation, and Employee Benefits$5,203,213
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$3,693,472
Benefits to Members---$3,342,819
Other Salaries and Wages---$2,291,730
Current Officers, Directors, Trustees, and Key Employees---$1,285,911
Interest---$1,216,519
Other Employee Benefits---$854,872
Other Expenses---$609,451
All Other Expenses---$478,925
Pension Plan Contributions---$454,295
Payroll Taxes---$316,405
Total Functional Expenses$0$0$0$58,034,432

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$58,034,432
Expenses per Audited Statements$54,691,613
Total Expenses per Audited Statements$54,691,613
Expenses Not Reported on Financial Statements$3,342,819
Other Expense Adjustments$3,342,819
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$1,735,704
Consumer Deposits$1,336,113
Post Employment Benefit Sick Leave Payable$794,529
Accumulated Post-retirement Benefit Obligation$500,168
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 20,400 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 C Lett
Title
Chief Executive Officer
Phone
8127384115
Signed
2021-09-17
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
49
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:

“2020 margins allocated to members 3,342,819. Decrease in accumulated other comprehensive income -38,003. Retirement of patronage capital to members -693,055.”

FORM 990, PART XII, 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, 2020”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“2020 margins allocated to members 3,342,819.”

Raw XML AppendixShowing 400 of 598 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/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
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/TitleTxt10ACCOUNTING MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt11LINEMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt12BUSINESS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt13ENGINEERING AND OPERATIONS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt14OPERATIONS-CONSTRUCTION MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01938
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt058034432
IRS990/GrossRentsGrp/PersonalAmt0315729
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt01216519
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01721497
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01831775
IRS990/InvestmentIncomeGrp/ExclusionAmt0700297
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0700297
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt030177046
IRS990/InvestmentsProgramRelatedGrp/EOYAmt029390901
IRS990/InvestmentsPubTradedSecGrp/BOYAmt027841
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03054909
IRS990/IRPDocumentCnt028
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt030871713
IRS990/LandBldgEquipBasisNetGrp/BOYAmt075431193
IRS990/LandBldgEquipBasisNetGrp/EOYAmt078136532
IRS990/LandBldgEquipCostOrOtherBssAmt0109008245
IRS990/LegalDomicileStateCd0IN
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt056115479
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/BOYAmt027782178
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt031168379
IRS990/NetAssetsOrFundBalancesBOYAmt084177670
IRS990/NetAssetsOrFundBalancesEOYAmt086789431
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0315729
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0315729
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt02611761
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0854872
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION EXPENSE
IRS990/OtherExpensesGrp/Desc2UTILITIES RECEIPTS TAX
IRS990/OtherExpensesGrp/Desc3CONSUMER ACCOUNT EXPENS
IRS990/OtherExpensesGrp/TotalAmt039863929
IRS990/OtherExpensesGrp/TotalAmt12830724
IRS990/OtherExpensesGrp/TotalAmt2795380
IRS990/OtherExpensesGrp/TotalAmt3609451
IRS990/OtherLiabilitiesGrp/BOYAmt04201818
IRS990/OtherLiabilitiesGrp/EOYAmt04366514
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/Desc0PATRONAGE ALLOCATIONS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0902927
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0902927
IRS990/OtherRevenueTotalAmt0902927
IRS990/OtherSalariesAndWagesGrp/TotalAmt02291730
IRS990/OtherSourcesGrossIncomeAmt02715030
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt0316405
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0965522
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01269210
IRS990/PensionPlanContributionsGrp/TotalAmt0454295
IRS990/PoliticalCampaignActyInd01
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01384562
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01179508
IRS990/PrincipalOfficerNm0DAVID C LETT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt056115479
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt056115479
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt04543365
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01087643
IRS990/PYOtherExpensesAmt051769747
IRS990/PYOtherRevenueAmt01736699
IRS990/PYProgramServiceRevenueAmt058196044
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt04707274
IRS990/PYTotalExpensesAmt061020386
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt061020386
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt0315729
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt083212148
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt085520221
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/BookValueAmt01349639
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01991559
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03341198
IRS990ScheduleD/EquipmentGrp/BookValueAmt074557357
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024372317
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt098929674
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt03342819
IRS990ScheduleD/ExpensesSubtotalAmt054691613
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt027259063
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12131838
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PATRONAGE CAPITAL IN WHOLESALE POWER SUPPLIER
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1PATRONAGE CAPITAL IN OTHER VENDOR/COOPERATIVES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt0171379
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0171379
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02058157
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04507837
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06565994
IRS990ScheduleD/OtherExpensesNotIncludedAmt03342819
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0500168
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1794529
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21735704
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31336113
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/RevenueSubtotalAmt058034432
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2020
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt12020 MARGINS ALLOCATED TO MEMBERS 3,342,819.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt078136532
IRS990ScheduleD/TotalBookValueProgramRltdAmt029390901
IRS990ScheduleD/TotalExpensesPerForm990Amt058034432
IRS990ScheduleD/TotalLiabilityAmt04366514
IRS990ScheduleD/TotalRevenuePerForm990Amt058034432
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt058034432
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt054691613
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$125,723,539
Liabilities
$38,934,108
Net assets
$86,789,431
Revenue
$58,034,432
Expenses
$58,034,432
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
2020Detailed filing. Detailed filing data is available for this year.$126$38.9$86.8$58.0$58.0$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$119$34.7$84.2$61.0$61.0$0.00