Civic Intelligence

Shelby Electric Cooperative

990 • Fiscal year 2015 • EIN 37-0512347

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 03, 2016

Organization Profileshelbyelectric.coop
PO Box 560Shelbyville, IL 62565

(217) 774-3986

Siviq Scores

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

Liabilities / Assets

60th percentile

0.57x

Higher debt load relative to assets than 60% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

29th percentile

1.04x

Higher debt load relative to revenue than 29% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Net Margin

85th percentile

8.7%

Higher net margin than 85% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

31st percentile

$185,458

Higher top officer pay than 31% of similar nonprofits.

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

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Asset Growth

68th percentile

4.7%

Faster asset growth than 68% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2013 to 2015

Revenue Growth

87th percentile

3.5%

Faster revenue growth than 87% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2013 to 2015

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$65,116,853

Up $5,690,495 (+9.6%) from 2013

Net Assets

Up

$27,872,321

Up $5,539,895 (+25%) from 2013

Liabilities

Up

$37,244,532

Up $150,600 (+0.4%) from 2013

Revenue And Expenses
Liabilities / Revenue29th percentileNet Margin85th percentile

Revenue

Up

$35,776,046

Up $2,409,370 (+7.2%) from 2013

Expenses

Up

$32,677,171

Up $2,015,694 (+6.6%) from 2013

Net Income

Up

$3,098,875

Up $393,676 (+15%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$100M$50M$0Assets 2010: $55,463,443Liabilities 2010: $35,899,186Net Assets 2010: $19,564,2572010Assets 2011: $55,296,770Liabilities 2011: $36,323,235Net Assets 2011: $18,973,5352011Assets 2012: $56,811,514Liabilities 2012: $37,173,350Net Assets 2012: $19,638,1642012Assets 2013: $59,426,358Liabilities 2013: $37,093,932Net Assets 2013: $22,332,4262013Assets 2015: $65,116,853Liabilities 2015: $37,244,532Net Assets 2015: $27,872,3212015Assets 2016: $67,692,659Liabilities 2016: $36,946,817Net Assets 2016: $30,745,8422016Assets 2017: $68,536,066Liabilities 2017: $34,456,775Net Assets 2017: $34,079,2912017Assets 2018: $70,553,044Liabilities 2018: $33,496,283Net Assets 2018: $37,056,7612018Assets 2019: $74,014,876Liabilities 2019: $33,376,363Net Assets 2019: $40,638,5132019Assets 2020: $76,480,054Liabilities 2020: $30,900,902Net Assets 2020: $45,579,1522020Assets 2021: $76,941,402Liabilities 2021: $28,451,627Net Assets 2021: $48,489,7752021Assets 2022: $82,582,936Liabilities 2022: $30,685,582Net Assets 2022: $51,897,3542022Assets 2023: $83,722,438Liabilities 2023: $28,894,281Net Assets 2023: $54,828,1572023Assets 2024: $89,151,698Liabilities 2024: $31,128,364Net Assets 2024: $58,023,3342024

Highlighted filing

2015

Assets$65,116,853
Liabilities$37,244,532
Net Assets$27,872,321
Open 2015 Filing

Operations Trend

Revenue Growth87th percentile

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

$60M$40M$20M$0Expenses 2010: $28,726,0932010Expenses 2011: $30,517,3022011Expenses 2012: $30,778,6382012Revenue 2013: $33,366,676Expenses 2013: $30,661,477Net Income 2013: $2,705,1992013Revenue 2015: $35,776,046Expenses 2015: $32,677,171Net Income 2015: $3,098,8752015Revenue 2016: $35,916,166Expenses 2016: $33,193,333Net Income 2016: $2,722,8332016Revenue 2017: $36,581,683Expenses 2017: $33,279,648Net Income 2017: $3,302,0352017Revenue 2018: $38,434,600Expenses 2018: $36,712,288Net Income 2018: $1,722,3122018Revenue 2019: $37,349,704Expenses 2019: $37,349,704Net Income 2019: $02019Revenue 2020: $37,473,892Expenses 2020: $37,473,892Net Income 2020: $02020Revenue 2021: $36,550,827Expenses 2021: $36,550,827Net Income 2021: $02021Revenue 2022: $38,433,374Expenses 2022: $38,433,374Net Income 2022: $02022Revenue 2023: $42,327,754Expenses 2023: $39,893,084Net Income 2023: $2,434,6702023Revenue 2024: $41,500,292Expenses 2024: $38,565,728Net Income 2024: $2,934,5642024

Highlighted filing

2015

Revenue$35,776,046
Expenses$32,677,171
Net Income$3,098,875
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 3, 2016
Return Version
2015v2.1
Gross Receipts
$35,831,168
Mission and Program Overview

Mission

To provide reliable electric power and related services to our members at the most affordable cost.

To provide reliable electric and broadband internet service to our consumer/members

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$33,395,361$33,265,074▼ $130,287
Rtn Earn Endowment Incm Other Fnds$22,823,241$25,753,094▲ $2,929,853
Investments Program Related$16,525,474$17,172,231▲ $646,757
Other Notes and Loans Receivable, Net$2,591,312$4,391,312▲ $1,800,000
Accounts Receivable$4,040,386$4,205,359▲ $164,973
Prepaid Expenses and Deferred Charges$3,374,423$3,517,911▲ $143,488
Cap Stk Tr Prin Current Funds$1,932,181$2,119,227▲ $187,046
Cash and Non-Interest-Bearing Accounts$1,660,664$1,912,537▲ $251,873
Inventories for Sale or Use$663,524$652,429▼ $11,095
Total Assets$62,251,144$65,116,853▲ $2,865,709
Liabilities
Mortgage Notes Payable Secured by Investment Property$32,809,203$33,117,459▲ $308,256
Accounts Payable and Accrued Expenses$2,826,777$2,179,649▼ $647,128
Other Liabilities$1,616,924$1,633,503▲ $16,579
Deferred Revenue$242,818$313,921▲ $71,103
Total Liabilities$37,495,722$37,244,532▼ $251,190
Net Assets / Fund Balance
Total Net Assets Fund Balance$24,755,422$27,872,321▲ $3,116,899
Total Liabilities and Net Assets / Fund Balance$62,251,144$65,116,853▲ $2,865,709

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$28,937,626$23,142,236$52,079,862
Equipment$2,881,236$6,564,100$9,445,336
Buildings$1,246,518$2,050,800$3,297,318
Land$199,694-$199,694
Investment Program Related Org$38,538--
Compensation and Service Providers
Top Officer Pay31st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Josh M ShallenbergerCEO/CFOFT$145,442$40,016$185,458
Josh M Shallenberger--$145,442$40,016$185,458
James a MatlockCOOFT$111,016$67,105$178,121
James a Matlock--$111,016$67,105$178,121
Terry L OldhamOperationsFT$110,152$26,995$137,147
James E ColemanCEOFT$107,263$9,404$116,667
Brent LivelyDirectorPT$5,250-$5,250
John M ScottDirector-$4,550-$4,550
Larry E DurbinDirector-$4,025-$4,025
J Mark LashDirector-$3,675-$3,675
Bennie L ClawsonDirector-$3,150-$3,150
Brian HalbrookDirector-$2,800-$2,800
Robert G HolthausDirector-$2,800-$2,800
Richard BoggsDirector-$1,400-$1,400
James R MccoyDirector-$1,400-$1,400
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$35,721,265
Investment Income
$18,153
Other Revenue
$36,628
Change in Net Assets
$3,098,875

Audited Revenue Reconciliation

Revenue per Audited Statements
$35,764,326
Revenue Not Reported on Financial Statements
$11,720
Other Revenue Adjustments
$11,720
Total Revenue per Audited Statements
$35,764,326
Total Revenue per Form 990
$35,776,046
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$29,494,260
Salaries, Compensation, and Employee Benefits$3,046,248
Grants and Similar Amounts Paid$17,939
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$2,586,768$0$0$2,586,768
Depreciation Depletion$2,555,027$0$0$2,555,027
Other Salaries and Wages$2,543,325$0$0$2,543,325
Interest$1,841,170$0$0$1,841,170
Current Officers, Directors, Trustees, and Key Employees$502,923$0$0$502,923
Other Expenses$344,340$0$0$344,340
Benefits to Members$118,724--$118,724
Grants to Domestic Orgs$14,939--$14,939
Grants to Domestic Individuals$3,000--$3,000
Total Functional Expenses$32,677,171$0$0$32,677,171

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$32,677,171
Expenses per Audited Statements$32,665,447
Total Expenses per Audited Statements$32,665,447
Expenses Not Reported on Financial Statements$11,724
Other Expense Adjustments$11,724
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accumulated Provision for Post Retriement Benefits$1,633,503
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Shelby Electric Cooperative
EIN
37-0512347
Phone
2177743986
Address
PO BOX 560, SHELBYVILLE, IL 62565

Signing Officer

Name
Josh Shallenberger
Title
President/CEO
Phone
2177743986
Signed
2016-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josh Shallenberger
Formed
1938
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
55
Volunteers
0

Preparer

Firm
Kevin S Kelso CPA PC PA
Address
6700 Squibb Rd Ste 215, Mission, KS 66202
Preparer
Darel W Packard
Phone
9138311150
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“MEMBER OWNED COOPERATIVE”

Pt VI, Line 7A

“Members elect the board of directors”

Pt VI, Line 7B

“MEMBERS MUST APPROVE (a)CHANGES TO ARTICLES OF INCORPORATION AND/OR BYLAWS; (b)CONSOLIDATION, ANY MERGER OF ALL OR SUBSTANTIALLY ALL OF COOPERATIVE'S PROPERTY NOT IN THE ORDINARY COURSE OF BUSINESS, AND(c) REMOVAL OF DIRECTOR”

Pt VI, Line 11B

“Emailed to each member of board of directors for review and comment prior to filing.”

Pt VI, Line 12C

“The annual disclosures are reviewed by the cooperative's legal counsel to determine whether any interests conflict with director's participation in board of director decisions”

Pt VI, Line 15A

“Yearly appraisals with salalry set according to comp survey data.”

Pt VI, Line 15B

“Review of national and regional salary surveys as well as internal position reviews.”

Pt VI, Line 19

“AVAILABLE UPON REQUEST”

Pt XI

“CAPITAL CREDITS 18,024”

Form 990, Part IX, Line 24E

“Customer service 340870. 340870. 0. 0.”

Form 990, Part IX, Line 24E

“Admin & general 1308189. 1308189. 0. 0.”

Form 990, Part IX, Line 24E

“Taxes 937709. 937709. 0. 0.”

Financial Statement Notes

Pt X, Line 2

“An evaluation of whether or not it has any uncertain tax positions is determined on an annual basis by the cooperative. While the cooperative believes they have adequately provided for all tax positions, amounts asserted by taxing authorities could be different than the positions taken by the cooperative. The cooperative recognizes any interest and penalties assessed by taxing authorities in income tax expense and, with few exceptions, are no longer subject to federal, state, or local tax examinations by tax authorities for years before 2012.”

Pt XI, Line 4B

“Donations expense reclassified for return 17,939”

Pt XI, Line 4B

“990-t activity reclassified for return (6,218)”

Pt XI, Line 4B

“ROUNDING (1)”

Pt XI, Line 4B

“NET DIFFERENCE 11,720”

Pt XII, Line 4B

“Donations expense reclassified for return 17,939”

Pt XII, Line 4B

“990-t activity reclassified for return (6,218)”

Pt XII, Line 4B

“ROUNDING 3”

Pt XII, Line 4B

“NET DIFFERENCE 11,724”

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IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0797
IRS990/GrossReceiptsAmt035831168
IRS990/GrossRentsGrp/PersonalAmt012846
IRS990/GrossRentsGrp/RealAmt030000
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt01841170
IRS990/InterestGrp/TotalAmt01841170
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0663524
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0652429
IRS990/InvestmentIncomeGrp/ExclusionAmt072478
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt072478
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt016525474
IRS990/InvestmentsProgramRelatedGrp/EOYAmt017172231
IRS990/IRPDocumentCnt039
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt031757136
IRS990/LandBldgEquipBasisNetGrp/BOYAmt033395361
IRS990/LandBldgEquipBasisNetGrp/EOYAmt033265074
IRS990/LandBldgEquipCostOrOtherBssAmt065022210
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt055122
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt034287123
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE RELIABLE ELECTRIC AND
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt032809203
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt033117459
IRS990/NetAssetsOrFundBalancesBOYAmt024755422
IRS990/NetAssetsOrFundBalancesEOYAmt027872321
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-54325
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-54325
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt042846
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt042846
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt018024
IRS990/OtherExpensesGrp/Desc0COST OF POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION OPERATIONS
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION MAINT
IRS990/OtherExpensesGrp/Desc3CONSUMER ACCOUNTS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt020336379
IRS990/OtherExpensesGrp/ProgramServicesAmt1471066
IRS990/OtherExpensesGrp/ProgramServicesAmt21359510
IRS990/OtherExpensesGrp/ProgramServicesAmt3344340
IRS990/OtherExpensesGrp/TotalAmt020336379
IRS990/OtherExpensesGrp/TotalAmt1471066
IRS990/OtherExpensesGrp/TotalAmt21359510
IRS990/OtherExpensesGrp/TotalAmt3344340
IRS990/OtherLiabilitiesGrp/BOYAmt01616924
IRS990/OtherLiabilitiesGrp/EOYAmt01633503
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/Desc0FORM 990-T REVENUE
IRS990/OtherRevenueMiscGrp/Desc1FORM 990-T EXPENSES
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0458100
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-464318
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0458100
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt1-464318
IRS990/OtherRevenueTotalAmt0-6218
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02543325
IRS990/OtherSalariesAndWagesGrp/TotalAmt02543325
IRS990/OtherSourcesGrossIncomeAmt02269116
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02591312
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04391312
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03374423
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03517911
IRS990/PrincipalOfficerNm0JOSH SHALLENBERGER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1OTHER OPERATING REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt033199080
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11068739
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21453446
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt029217
IRS990/PYOtherExpensesAmt029970276
IRS990/PYOtherRevenueAmt01096790
IRS990/PYProgramServiceRevenueAmt034945731
IRS990/PYRevenuesLessExpensesAmt02703997
IRS990/PYSalariesCompEmpBnftPaidAmt03397465
IRS990/PYTotalExpensesAmt033367741
IRS990/PYTotalRevenueAmt036071738
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt03098875
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RentalIncomeOrLossGrp/PersonalAmt012846
IRS990/RentalIncomeOrLossGrp/RealAmt030000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt022823241
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt025753094
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01246518
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02050800
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03297318
IRS990ScheduleD/EquipmentGrp/BookValueAmt02881236
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06564100
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09445336
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt011724
IRS990ScheduleD/ExpensesSubtotalAmt032665447
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0952800
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt18772443
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt27408450
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt338538
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0SUBORDINATED CERTIFICATES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INVESTMENTS IN ASSOCIATED ORGANIZATIONS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2OTHER INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3NONUTILITY PROPERTY
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/LandGrp/BookValueAmt0199694
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0199694
IRS990ScheduleD/OtherExpensesNotIncludedAmt011724
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt028937626
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023142236
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt052079862
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01633503
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCUMULATED PROVISION FOR POST RETRIEMENT BENEFITS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt011720
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt011720
IRS990ScheduleD/RevenueSubtotalAmt035764326
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AN EVALUATION OF WHETHER OR NOT IT HAS ANY UNCERTAIN TAX POSITIONS IS DETERMINED ON AN ANNUAL BASIS BY THE COOPERATIVE. WHILE THE COOPERATIVE BELIEVES THEY HAVE ADEQUATELY PROVIDED FOR ALL TAX POSITIONS, AMOUNTS ASSERTED BY TAXING AUTHORITIES COULD BE DIFFERENT THAN THE POSITIONS TAKEN BY THE COOPERATIVE. THE COOPERATIVE RECOGNIZES ANY INTEREST AND PENALTIES ASSESSED BY TAXING AUTHORITIES IN INCOME TAX EXPENSE AND, WITH FEW EXCEPTIONS, ARE NO LONGER SUBJECT TO FEDERAL, STATE, OR LOCAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2012.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DONATIONS EXPENSE RECLASSIFIED FOR RETURN 17,939
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2990-T ACTIVITY RECLASSIFIED FOR RETURN (6,218)
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3ROUNDING (1)
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4NET DIFFERENCE 11,720
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt5DONATIONS EXPENSE RECLASSIFIED FOR RETURN 17,939
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt6990-T ACTIVITY RECLASSIFIED FOR RETURN (6,218)
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt7ROUNDING 3
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt8NET DIFFERENCE 11,724
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt XII, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt XII, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt XII, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt XII, Line 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt033265074
IRS990ScheduleD/TotalBookValueProgramRltdAmt017172231
IRS990ScheduleD/TotalExpensesPerForm990Amt032677171
IRS990ScheduleD/TotalLiabilityAmt01633503
IRS990ScheduleD/TotalRevenuePerForm990Amt035776046
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt035764326
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt032665447
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt03000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0145442
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1111016
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt022346
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt149571
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt017670
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt117534
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOSH M SHALLENBERGER

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$65,116,853
Liabilities
$37,244,532
Net assets
$27,872,321
Revenue
$35,776,046
Expenses
$32,677,171
Net income
$3,098,875
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$89.2$31.1$58.0$41.5$38.6$2.93
2023Detailed filing. Detailed filing data is available for this year.$83.7$28.9$54.8$42.3$39.9$2.43
2022Detailed filing. Detailed filing data is available for this year.$82.6$30.7$51.9$38.4$38.4$0.00
2021Detailed filing. Detailed filing data is available for this year.$76.9$28.5$48.5$36.6$36.6$0.00
2020Detailed filing. Detailed filing data is available for this year.$76.5$30.9$45.6$37.5$37.5$0.00
2019Detailed filing. Detailed filing data is available for this year.$74.0$33.4$40.6$37.3$37.3$0.00
2018Detailed filing. Detailed filing data is available for this year.$70.6$33.5$37.1$38.4$36.7$1.72
2017Detailed filing. Detailed filing data is available for this year.$68.5$34.5$34.1$36.6$33.3$3.30
2016Detailed filing. Detailed filing data is available for this year.$67.7$36.9$30.7$35.9$33.2$2.72
2015Detailed filing. Detailed filing data is available for this year.$65.1$37.2$27.9$35.8$32.7$3.10
2013Detailed filing. Detailed filing data is available for this year.$59.4$37.1$22.3$33.4$30.7$2.71
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.8$37.2$19.6$30.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.3$36.3$19.0$30.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.5$35.9$19.6$28.7