Civic Intelligence

Adams Electric Cooperative

990 • Fiscal year 2019 • EIN 37-0147965

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 26, 2020

Organization Profilewww.adamselectric.coop
PO Box 247Camp Point, IL 62320-0247

(217) 593-7701

Siviq Scores

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

Liabilities / Assets

75th percentile

0.60x

Higher debt load relative to assets than 75% of similar nonprofits.

2019 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2019

Liabilities / Revenue

52nd percentile

1.36x

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

2019 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2019

Net Margin

48th percentile

0.0%

Higher net margin than 48% of similar nonprofits.

2019 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2019

Top Officer Pay

56th percentile

$266,274

Higher top officer pay than 56% of similar nonprofits.

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

2019 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2019

Asset Growth

50th percentile

2.9%

Faster asset growth than 50% of similar nonprofits.

2019 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Revenue Growth

68th percentile

2.8%

Faster revenue growth than 68% of similar nonprofits.

2019 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$58,009,563

Up $1,620,955 (+2.9%) from 2018

Net Assets

Up

$23,350,740

Up $1,492,867 (+6.8%) from 2018

Liabilities

Up

$34,658,823

Up $128,088 (+0.4%) from 2018

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin48th percentile

Revenue

Up

$25,451,083

Up $694,526 (+2.8%) from 2018

Expenses

Up

$25,451,083

Up $694,526 (+2.8%) from 2018

Net Income

Flat

$0

Flat from 2018

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$80M$60M$40M$20M$0Assets 2010: $45,932,828Liabilities 2010: $31,848,928Net Assets 2010: $14,083,9002010Assets 2011: $49,307,584Liabilities 2011: $34,219,222Net Assets 2011: $15,088,3622011Assets 2012: $50,569,330Liabilities 2012: $35,359,268Net Assets 2012: $15,210,0622012Assets 2013: $52,221,337Liabilities 2013: $35,489,197Net Assets 2013: $16,732,1402013Assets 2014: $52,191,543Liabilities 2014: $35,012,999Net Assets 2014: $17,178,5442014Assets 2015: $53,115,401Liabilities 2015: $34,763,625Net Assets 2015: $18,351,7762015Assets 2016: $53,850,298Liabilities 2016: $34,233,581Net Assets 2016: $19,616,7172016Assets 2017: $55,079,271Liabilities 2017: $33,977,349Net Assets 2017: $21,101,9222017Assets 2018: $56,388,608Liabilities 2018: $34,530,735Net Assets 2018: $21,857,8732018Assets 2019: $58,009,563Liabilities 2019: $34,658,823Net Assets 2019: $23,350,7402019Assets 2020: $58,919,326Liabilities 2020: $34,176,022Net Assets 2020: $24,743,3042020Assets 2021: $61,998,273Liabilities 2021: $35,865,355Net Assets 2021: $26,132,9182021Assets 2022: $65,386,496Liabilities 2022: $37,673,627Net Assets 2022: $27,712,8692022Assets 2023: $68,418,571Liabilities 2023: $39,137,607Net Assets 2023: $29,280,9642023Assets 2024: $70,640,838Liabilities 2024: $39,686,041Net Assets 2024: $30,954,7972024

Highlighted filing

2019

Assets$58,009,563
Liabilities$34,658,823
Net Assets$23,350,740
Open 2019 Filing

Operations Trend

Revenue Growth68th percentile

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

$30M$20M$10M$0Expenses 2010: $18,804,6032010Expenses 2011: $20,615,8482011Expenses 2012: $20,621,4792012Revenue 2013: $22,288,003Expenses 2013: $20,767,625Net Income 2013: $1,520,3782013Revenue 2014: $22,794,453Expenses 2014: $22,349,699Net Income 2014: $444,7542014Revenue 2015: $22,866,034Expenses 2015: $21,694,487Net Income 2015: $1,171,5472015Revenue 2016: $23,065,928Expenses 2016: $21,802,662Net Income 2016: $1,263,2662016Revenue 2017: $23,499,435Expenses 2017: $22,015,970Net Income 2017: $1,483,4652017Revenue 2018: $24,756,557Expenses 2018: $24,756,557Net Income 2018: $02018Revenue 2019: $25,451,083Expenses 2019: $25,451,083Net Income 2019: $02019Revenue 2020: $24,279,830Expenses 2020: $24,279,830Net Income 2020: $02020Revenue 2021: $24,960,832Expenses 2021: $24,960,832Net Income 2021: $02021Revenue 2022: $26,550,065Expenses 2022: $26,550,065Net Income 2022: $02022Revenue 2023: $28,115,186Expenses 2023: $28,115,186Net Income 2023: $02023Revenue 2024: $28,284,162Expenses 2024: $28,284,162Net Income 2024: $02024

Highlighted filing

2019

Revenue$25,451,083
Expenses$25,451,083
Net Income$0
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 26, 2020
Return Version
2019v5.1
Gross Receipts
$25,451,083
Mission and Program Overview

Mission

To provide electric energy to our members on a cooperative basis.

Provide electric service to over 8,900 members on a cooperative basis

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$39,895,299$41,273,530▲ $1,378,231
Rtn Earn Endowment Incm Other Fnds$21,685,036$23,176,235▲ $1,491,199
Investments Other Securities$12,124,449$12,490,077▲ $365,628
Accounts Receivable$2,333,056$2,213,132▼ $119,924
Inventories for Sale or Use$864,950$843,659▼ $21,291
Cash and Non-Interest-Bearing Accounts$326,964$372,254▲ $45,290
Other Notes and Loans Receivable, Net$425,516$365,852▼ $59,664
Savings and Temporary Cash Investments$346,003$350,281▲ $4,278
Cap Stk Tr Prin Current Funds$172,840$174,505▲ $1,665
Prepaid Expenses and Deferred Charges$97,503$100,242▲ $2,739
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$56,414,325$58,009,563▲ $1,595,238
Other Assets Total$585$536▼ $49
Liabilities
Mortgage Notes Payable Secured by Investment Property$30,190,834$30,474,217▲ $283,383
Accounts Payable and Accrued Expenses$1,938,344$2,098,512▲ $160,168
Tax Exempt Bond Liabilities$1,478,492$1,266,457▼ $212,035
Other Liabilities$948,779$819,637▼ $129,142
Total Liabilities$34,556,449$34,658,823▲ $102,374
Net Assets / Fund Balance
Total Net Assets Fund Balance$21,857,876$23,350,740▲ $1,492,864
Total Liabilities and Net Assets / Fund Balance$56,414,325$58,009,563▲ $1,595,238

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$40,650,306$21,436,663$62,086,969
Buildings$534,149$1,316,986$1,851,135
Land$89,075-$89,075
Other Securities$157,125--
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James ThompsonGeneral ManagerFT$212,787$53,487$266,274
Charles RossiterDesign & Const SupervisorFT$105,993$75,024$181,017
Steven JenningsManager of FinanceFT$114,127$54,308$168,435
Timothy BrechtMgr of EngineeringFT$102,189$60,342$162,531
Steven FanningMaintenance SupervisorFT$100,797$55,732$156,529
Chad ReischeLine ForemanFT$102,443$23,457$125,900
Tom TravisDirectorPT$6,100-$6,100
Kris FarwellTreasurerPT$5,000-$5,000
Rebecca BarlowVice-President-$4,200-$4,200
James BenzDirectorPT$3,600-$3,600
Laura MeyerSecretary-$3,600-$3,600
Jim WardDirector-$3,150-$3,150
Roger BusenPresident-$2,800-$2,800
Alan AchesonDirector-$2,600-$2,600
Brent ClairDirectorPT$1,950-$1,950
Lyle WanerDirector-$1,200-$1,200
Eric EwingDirector-$900-$900

Highest Paid Contractors

ContractorServicesLocationCompensation
Grizzly Tree & Vegetation ControlROW Clearing2013 N Illinois St, Camp Point, IL 62320$246,534
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$25,381,938
Investment Income
$69,145
Other Revenue
$0
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$25,451,083
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$25,451,083
Total Revenue per Form 990
$25,451,083
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$23,132,355
Salaries, Compensation, and Employee Benefits$469,809
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$1,848,919--$1,848,919
Depreciation Depletion$1,817,959--$1,817,959
Interest$1,369,078--$1,369,078
Other Expenses$559,801--$559,801
Current Officers, Directors, Trustees, and Key Employees$469,809--$469,809
All Other Expenses$374,731--$374,731
Total Functional Expenses$25,451,083$0$0$25,451,083

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$25,451,083
Expenses per Audited Statements$23,602,164
Total Expenses per Audited Statements$23,602,164
Expenses Not Reported on Financial Statements$1,848,919
Other Expense Adjustments$1,848,919
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
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Adams Electric is a member cooperative of Prairie Power IncPurchase of wholesale energyNo$15,479,740
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Regulatory Credits$702,785
Customer Deposits$116,852

Bond Issues

BondIssuerIssuedIssue PricePurpose
BAdams Electric Cooperative CREBs 22011-04-13$1,750,000Clean Renewable Energy Bonds used to construct a wind turbine
AAdams Electric Cooperative CREBs 12009-08-04$1,504,080Clean Renewable Energy Bonds used to construct a wind turbine

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A--$94,005-
B--$118,030-

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
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
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“Each member (customer) has an ownership interest in the cooperative through their interest in the Cooperative's patronage equity capital. Each member is entitled to a vote at the Cooperative's annual meeting.”

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

“Directors are elected at-large by the membership at the annual meeting. Each director represents a district within the Cooperative and is elected for a three-year term.”

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

“The Cooperative's Federal Form 990 was distributed to the Board of Directors for their review.”

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

“The Cooperative's Board and General Manager is responsible for monitoring compliance with the Cooperative's conflict of interest policy.”

Form 990, Part VI, Section B, line 15

“The process for determining the CEO's compensation by the Adams Electric Cooperative board of directors included a review of the CEO's performance, comparisons of other CEO salaries in the state of Illinois and in the Midwest and an in depth deliberation before the ultimate decision was made setting the CEO's compensation. All of this is set forth in the minutes of the Adams Electric Cooperative's Board of Directors.”

Form 990, Part VI, Section C, line 19

“All policies and governing documents are available for public inspection by contacting the general manager. The Cooperative's governing documents are available to each member on the Cooperative's website.”

Filing and Contact Details

Filer

Filer Name
Adams Electric Cooperative
EIN
37-0147965
Phone
2175937701
Address
PO Box 247, Camp Point, IL 62320-0247

Signing Officer

Name
James Thompson
Title
General Manager
Phone
2175937701
Signed
2020-06-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Thompson
Formed
1938
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
38
Volunteers
0

Preparer

Firm
Dennis G Koch & Associates LLC
Address
PO Box 1007, Quincy, IL 62306-1007
Preparer
Dennis G Koch
Phone
2172248484
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 4

“This amount represents the patronage margins allocated to members net of capital credits retired and paid to members for the year.”

Form 990, Part XI, line 9:

“Net increase in memberships 1,665. Margins allocated to members net of patronage retired 1,491,199.”

Financial Statement Notes

Part XII, Line 4B - Other Adjustments:

“Allocation of margins to members”

Raw XML AppendixShowing 400 of 683 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01938344
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02098512
IRS990/AccountsReceivableGrp/BOYAmt02333056
IRS990/AccountsReceivableGrp/EOYAmt02213132
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Provide electric service to over 8,900 members on a cooperative basis
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0374731
IRS990/AllOtherExpensesGrp/TotalAmt0374731
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/ProgramServicesAmt01848919
IRS990/BenefitsToMembersGrp/TotalAmt01848919
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0The Organization
IRS990/BooksInCareOfDetail/PhoneNum02175937701
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 247
IRS990/BooksInCareOfDetail/USAddress/CityNm0Camp Point
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0623200247
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0172840
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0174505
IRS990/CashNonInterestBearingGrp/BOYAmt0326964
IRS990/CashNonInterestBearingGrp/EOYAmt0372254
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0469809
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0469809
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0246534
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt02013 N Illinois St
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Camp Point
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd062320
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Grizzly Tree & Vegetation Control
IRS990/ContractorCompensationGrp/ServicesDesc0ROW Clearing
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt01848919
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt069145
IRS990/CYOtherExpensesAmt023132355
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt025381938
IRS990/CYRevenuesLessExpensesAmt00
IRS990/CYSalariesCompEmpBnftPaidAmt0469809
IRS990/CYTotalExpensesAmt025451083
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt025451083
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01817959
IRS990/DepreciationDepletionGrp/TotalAmt01817959
IRS990/Desc0Provide electric energy to cooperative members
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt038
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt025451083
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt044.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt243.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt343.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt444.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt543.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt73.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt83.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt107.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt117.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt123.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt147.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt154.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt162.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
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/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt053487
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt154308
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt275024
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt323457
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt460342
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt555732
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0James Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm1Steven Jennings
IRS990/Form990PartVIISectionAGrp/PersonNm2Charles Rossiter
IRS990/Form990PartVIISectionAGrp/PersonNm3Chad Reische
IRS990/Form990PartVIISectionAGrp/PersonNm4Timothy Brecht
IRS990/Form990PartVIISectionAGrp/PersonNm5Steven Fanning
IRS990/Form990PartVIISectionAGrp/PersonNm6Roger Busen
IRS990/Form990PartVIISectionAGrp/PersonNm7Rebecca Barlow
IRS990/Form990PartVIISectionAGrp/PersonNm8Laura Meyer
IRS990/Form990PartVIISectionAGrp/PersonNm9Kris Farwell
IRS990/Form990PartVIISectionAGrp/PersonNm10James Benz
IRS990/Form990PartVIISectionAGrp/PersonNm11Tom Travis
IRS990/Form990PartVIISectionAGrp/PersonNm12Jim Ward
IRS990/Form990PartVIISectionAGrp/PersonNm13Eric Ewing
IRS990/Form990PartVIISectionAGrp/PersonNm14Brent Clair
IRS990/Form990PartVIISectionAGrp/PersonNm15Alan Acheson
IRS990/Form990PartVIISectionAGrp/PersonNm16Lyle Waner
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0212787
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1114127
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2105993
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3102443
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4102189
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5100797
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt62800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt74200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt83600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt95000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt103600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt116100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt123150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt141950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt152600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt161200
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/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt1Manager of Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt2Design & Const Supervisor
IRS990/Form990PartVIISectionAGrp/TitleTxt3Line Foreman
IRS990/Form990PartVIISectionAGrp/TitleTxt4Mgr of Engineering
IRS990/Form990PartVIISectionAGrp/TitleTxt5Maintenance Supervisor
IRS990/Form990PartVIISectionAGrp/TitleTxt6President
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice-President
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt9Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01938
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt025451083
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt01369078
IRS990/InterestGrp/TotalAmt01369078
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0864950
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0843659
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt069145
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt069145
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt012124449
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt012490077
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt033
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt022753649
IRS990/LandBldgEquipBasisNetGrp/BOYAmt039895299
IRS990/LandBldgEquipBasisNetGrp/EOYAmt041273530
IRS990/LandBldgEquipCostOrOtherBssAmt064027179
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt024764550
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To provide electric energy to our members on a cooperative basis
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt030190834
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt030474217
IRS990/NetAssetsOrFundBalancesBOYAmt021857876
IRS990/NetAssetsOrFundBalancesEOYAmt023350740
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0585
IRS990/OtherAssetsTotalGrp/EOYAmt0536
IRS990/OtherChangesInNetAssetsAmt01492864
IRS990/OtherExpensesGrp/Desc0Purchased Power
IRS990/OtherExpensesGrp/Desc1Distribution Expense
IRS990/OtherExpensesGrp/Desc2Administrative
IRS990/OtherExpensesGrp/Desc3Customer Accounts & Ser
IRS990/OtherExpensesGrp/ProgramServicesAmt015479740
IRS990/OtherExpensesGrp/ProgramServicesAmt12574712
IRS990/OtherExpensesGrp/ProgramServicesAmt2956334
IRS990/OtherExpensesGrp/ProgramServicesAmt3559801
IRS990/OtherExpensesGrp/TotalAmt015479740
IRS990/OtherExpensesGrp/TotalAmt12574712
IRS990/OtherExpensesGrp/TotalAmt2956334
IRS990/OtherExpensesGrp/TotalAmt3559801
IRS990/OtherLiabilitiesGrp/BOYAmt0948779
IRS990/OtherLiabilitiesGrp/EOYAmt0819637
IRS990/OtherSourcesGrossIncomeAmt0617388
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0425516
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0365852
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt097503
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0100242
IRS990/PrincipalOfficerNm0James Thompson
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0Sales of Energy
IRS990/ProgramServiceRevenueGrp/Desc1Capital Credits
IRS990/ProgramServiceRevenueGrp/Desc2Other Electric Revenues
IRS990/ProgramServiceRevenueGrp/Desc3Other
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt023850611
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11124241
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2219295
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3187791
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt023850611
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11124241
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2219295
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3187791
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt01426912
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt043614
IRS990/PYOtherExpensesAmt022859007
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt024712943
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt0470638
IRS990/PYTotalExpensesAmt024756557
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt024756557
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt025451083
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt021685036
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt023176235
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0346003
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0350281
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0534149
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01316986
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01851135
IRS990ScheduleD/EquipmentGrp/BookValueAmt040650306
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021436663
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt062086969
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01848919
IRS990ScheduleD/ExpensesSubtotalAmt023602164
IRS990ScheduleD/LandGrp/BookValueAmt089075
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt089075
IRS990ScheduleD/OtherExpensesNotIncludedAmt01848919
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0702785
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1116852
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Regulatory Credits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Customer Deposits
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt07871931
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1764196
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2326390
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt32312600
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4217916
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt5839919
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt6157125
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Patronage - Prairie Power
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Patronage - NRUCFC
IRS990ScheduleD/OtherSecuritiesGrp/Desc2Patronage - CoBank NA
IRS990ScheduleD/OtherSecuritiesGrp/Desc3Prairie Power -Equity
IRS990ScheduleD/OtherSecuritiesGrp/Desc4Federated Insurance
IRS990ScheduleD/OtherSecuritiesGrp/Desc5NRUCFC Capital Term Certs
IRS990ScheduleD/OtherSecuritiesGrp/Desc6Other Cooperatives
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt025451083
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Allocation of margins to members
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt041273530
IRS990ScheduleD/TotalBookValueSecuritiesAmt012490077
IRS990ScheduleD/TotalExpensesPerForm990Amt025451083
IRS990ScheduleD/TotalLiabilityAmt0819637
IRS990ScheduleD/TotalRevenuePerForm990Amt025451083
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt025451083
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt023602164
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0212787
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1114127
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2105993
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3102189
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4100797
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$58,009,563
Liabilities
$34,658,823
Net assets
$23,350,740
Revenue
$25,451,083
Expenses
$25,451,083
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$70.6$39.7$31.0$28.3$28.3$0.00
2023Detailed filing. Detailed filing data is available for this year.$68.4$39.1$29.3$28.1$28.1$0.00
2022Detailed filing. Detailed filing data is available for this year.$65.4$37.7$27.7$26.6$26.6$0.00
2021Detailed filing. Detailed filing data is available for this year.$62.0$35.9$26.1$25.0$25.0$0.00
2020Detailed filing. Detailed filing data is available for this year.$58.9$34.2$24.7$24.3$24.3$0.00
2019Detailed filing. Detailed filing data is available for this year.$58.0$34.7$23.4$25.5$25.5$0.00
2018Detailed filing. Detailed filing data is available for this year.$56.4$34.5$21.9$24.8$24.8$0.00
2017Detailed filing. Detailed filing data is available for this year.$55.1$34.0$21.1$23.5$22.0$1.48
2016Detailed filing. Detailed filing data is available for this year.$53.9$34.2$19.6$23.1$21.8$1.26
2015Detailed filing. Detailed filing data is available for this year.$53.1$34.8$18.4$22.9$21.7$1.17
2014Detailed filing. Detailed filing data is available for this year.$52.2$35.0$17.2$22.8$22.3$0.44
2013Detailed filing. Detailed filing data is available for this year.$52.2$35.5$16.7$22.3$20.8$1.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.6$35.4$15.2$20.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.3$34.2$15.1$20.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.9$31.8$14.1$18.8