Civic Intelligence

Shelby Electric Cooperative

990 • Fiscal year 2016 • EIN 37-0512347

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 06, 2017

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

53rd percentile

0.55x

Higher debt load relative to assets than 53% of similar nonprofits.

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

Liabilities / Revenue

28th percentile

1.03x

Higher debt load relative to revenue than 28% of similar nonprofits.

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

Net Margin

82nd percentile

7.6%

Higher net margin than 82% of similar nonprofits.

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

Top Officer Pay

46th percentile

$225,140

Higher top officer pay than 46% of similar nonprofits.

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

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

Asset Growth

65th percentile

4.0%

Faster asset growth than 65% of similar nonprofits.

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

Revenue Growth

43rd percentile

0.4%

Faster revenue growth than 43% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$67,692,659

Up $2,575,806 (+4.0%) from 2015

Net Assets

Up

$30,745,842

Up $2,873,521 (+10%) from 2015

Liabilities

Down

$36,946,817

Down $297,715 (-0.8%) from 2015

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin82nd percentile

Revenue

Up

$35,916,166

Up $140,120 (+0.4%) from 2015

Expenses

Up

$33,193,333

Up $516,162 (+1.6%) from 2015

Net Income

Down

$2,722,833

Down $376,042 (-12%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth65th 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

2016

Assets$67,692,659
Liabilities$36,946,817
Net Assets$30,745,842
Open 2016 Filing

Operations Trend

Revenue Growth43rd 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

2016

Revenue$35,916,166
Expenses$33,193,333
Net Income$2,722,833
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 6, 2017
Return Version
2016v3.0
Gross Receipts
$35,976,227
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$33,265,074$33,649,887▲ $384,813
Rtn Earn Endowment Incm Other Fnds$25,753,094$28,498,179▲ $2,745,085
Investments Program Related$17,172,231$17,677,644▲ $505,413
Other Notes and Loans Receivable, Net$4,391,312$5,069,084▲ $677,772
Accounts Receivable$4,205,359$4,286,492▲ $81,133
Prepaid Expenses and Deferred Charges$3,517,911$4,242,047▲ $724,136
Cap Stk Tr Prin Current Funds$2,119,227$2,247,663▲ $128,436
Cash and Non-Interest-Bearing Accounts$1,912,537$2,110,910▲ $198,373
Inventories for Sale or Use$652,429$656,595▲ $4,166
Total Assets$65,116,853$67,692,659▲ $2,575,806
Liabilities
Mortgage Notes Payable Secured by Investment Property$33,117,459$32,103,823▼ $1,013,636
Accounts Payable and Accrued Expenses$2,179,649$3,064,538▲ $884,889
Other Liabilities$1,633,503$1,548,131▼ $85,372
Deferred Revenue$313,921$230,325▼ $83,596
Total Liabilities$37,244,532$36,946,817▼ $297,715
Net Assets / Fund Balance
Total Net Assets Fund Balance$27,872,321$30,745,842▲ $2,873,521
Total Liabilities and Net Assets / Fund Balance$65,116,853$67,692,659▲ $2,575,806

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$29,189,800$24,303,911$53,493,711
Equipment$3,102,685$7,042,650$10,145,335
Buildings$1,157,708$2,159,806$3,317,514
Land$199,694-$199,694
Investment Program Related Org$38,538--
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Josh M Shallenberger--$169,075$56,200$225,275
Josh M ShallenbergerCEO/CFOFT$169,075$56,065$225,140
James a Matlock--$116,804$88,281$205,085
James a MatlockCOOFT$116,804$88,146$204,950
Terry L Oldham--$106,560$50,290$156,850
Terry L OldhamOperationsFT$106,560$50,155$156,715
Brian R ChevalierOperationsFT$103,760$43,860$147,620
Kevin D BoehmPwrnetFT$103,651$11,355$115,006
John M ScottDirector-$5,150-$5,150
Brent LivelyDirector-$4,900-$4,900
Mark LashDirector-$4,425-$4,425
Bennie L ClawsonDirector-$3,550-$3,550
Brian HalbrookDirector-$3,375-$3,375
Robert G HolthausDirector-$3,200-$3,200
Larry E DurbinDirector-$2,625-$2,625
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$35,860,454
Investment Income
$22,766
Other Revenue
$32,946
Change in Net Assets
$2,722,833

Audited Revenue Reconciliation

Revenue per Audited Statements
$35,889,666
Revenue Not Reported on Financial Statements
$26,500
Other Revenue Adjustments
$26,500
Total Revenue per Audited Statements
$35,889,666
Total Revenue per Form 990
$35,916,166
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$29,805,016
Salaries, Compensation, and Employee Benefits$3,230,552
Grants and Similar Amounts Paid$39,041
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,603,477$0$0$2,603,477
Depreciation Depletion$2,452,548$0$0$2,452,548
All Other Expenses$2,426,831$0$0$2,426,831
Interest$1,778,943$0$0$1,778,943
Current Officers, Directors, Trustees, and Key Employees$627,075$0$0$627,075
Other Expenses$283,874$0$0$283,874
Benefits to Members$118,724--$118,724
Grants to Domestic Orgs$36,041--$36,041
Grants to Domestic Individuals$3,000--$3,000
Total Functional Expenses$33,193,333$0$0$33,193,333

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$33,193,333
Expenses per Audited Statements$33,166,836
Total Expenses per Audited Statements$33,166,836
Expenses Not Reported on Financial Statements$26,497
Other Expense Adjustments$26,497
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Shelby Co 4-h & Jr Fair AssnMoweaqua, IL501(c)3Community Improvement-
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$1,548,131
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
2017-11-06
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
58
Volunteers
0

Preparer

Firm
Kevin S Kelso CPA PC PA
Address
6700 Squibb Rd Ste 215, Mission, KS 66202
Preparer
Darel W Packard CPA
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 salary set according to compensation 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

“LINE 9:”

Pt XI

“Increase in other comprehensive income 117,883”

Pt XI

“Reissue or voided capital credit checks 7,317”

Pt XI

“Retired capital credit gains 2,650”

Pt XI

“Other capital credit activity 22,838”

Pt XI

“Line 9: total other changes in net assets 150,688”

Form 990, Part IX, Line 24E

“Customer service 121200. 121200. 0. 0.”

Form 990, Part IX, Line 24E

“Admin & general 1349851. 1349851. 0. 0.”

Form 990, Part IX, Line 24E

“Taxes 955780. 955780. 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 2013.”

Pt XI, Line 4B

“Donations expense reclassified for return (39,041)”

Pt XI, Line 4B

“990-t activity reclassified for return 3,362”

Pt XI, Line 4B

“Federal income tax deposit refunded 9,500”

Pt XI, Line 4B

“Other tax differences (321)”

Pt XI, Line 4B

“NET DIFFERENCE (26,500)”

Pt XII, Line 4B

“Donations expense reclassified for return 39,041”

Pt XII, Line 4B

“990-t activity reclassified for return (3,362)”

Pt XII, Line 4B

“Federal income tax deposit refunded (9,500)”

Pt XII, Line 4B

“Other tax adjustments 318”

Other

“NET DIFFERENCE 26,497”

Raw XML AppendixShowing 400 of 594 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/GrantsToDomesticOrgsGrp/TotalAmt036041
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt05511
IRS990/GrossReceiptsAmt035976227
IRS990/GrossRentsGrp/PersonalAmt02350
IRS990/GrossRentsGrp/RealAmt030000
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt01778943
IRS990/InterestGrp/TotalAmt01778943
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0652429
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0656595
IRS990/InvestmentIncomeGrp/ExclusionAmt077316
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt077316
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt017172231
IRS990/InvestmentsProgramRelatedGrp/EOYAmt017677644
IRS990/IRPDocumentCnt038
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt033506367
IRS990/LandBldgEquipBasisNetGrp/BOYAmt033265074
IRS990/LandBldgEquipBasisNetGrp/EOYAmt033649887
IRS990/LandBldgEquipCostOrOtherBssAmt067156254
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt060061
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt034613874
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE RELIABLE ELECTRIC AND
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt033117459
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt032103823
IRS990/NetAssetsOrFundBalancesBOYAmt027872321
IRS990/NetAssetsOrFundBalancesEOYAmt030745842
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-54550
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-54550
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt032350
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt032350
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0150688
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/ProgramServicesAmt021086288
IRS990/OtherExpensesGrp/ProgramServicesAmt1499699
IRS990/OtherExpensesGrp/ProgramServicesAmt21276833
IRS990/OtherExpensesGrp/ProgramServicesAmt3283874
IRS990/OtherExpensesGrp/TotalAmt021086288
IRS990/OtherExpensesGrp/TotalAmt1499699
IRS990/OtherExpensesGrp/TotalAmt21276833
IRS990/OtherExpensesGrp/TotalAmt3283874
IRS990/OtherLiabilitiesGrp/BOYAmt01633503
IRS990/OtherLiabilitiesGrp/EOYAmt01548131
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/Desc0FORM 990-T REVENUE
IRS990/OtherRevenueMiscGrp/Desc1FORM 990-T EXPENSES
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0499773
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-499177
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0499773
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt1-499177
IRS990/OtherRevenueTotalAmt0596
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02603477
IRS990/OtherSalariesAndWagesGrp/TotalAmt02603477
IRS990/OtherSourcesGrossIncomeAmt02272212
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04391312
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05069084
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03517911
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04242047
IRS990/PrincipalOfficerNm0JOSH SHALLENBERGER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1OTHER OPERATING REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2RENT FROM ELECTRIC PROPERTY
IRS990/ProgramServiceRevenueGrp/Desc3CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt09376
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt033331107
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1944524
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29376
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31575447
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0118724
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt017939
IRS990/PYInvestmentIncomeAmt018153
IRS990/PYOtherExpensesAmt029494260
IRS990/PYOtherRevenueAmt036628
IRS990/PYProgramServiceRevenueAmt035721265
IRS990/PYRevenuesLessExpensesAmt03098875
IRS990/PYSalariesCompEmpBnftPaidAmt03046248
IRS990/PYTotalExpensesAmt032677171
IRS990/PYTotalRevenueAmt035776046
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt02722833
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RentalIncomeOrLossGrp/PersonalAmt02350
IRS990/RentalIncomeOrLossGrp/RealAmt030000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt025753094
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt028498179
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01157708
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02159806
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03317514
IRS990ScheduleD/EquipmentGrp/BookValueAmt03102685
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07042650
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010145335
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt026497
IRS990ScheduleD/ExpensesSubtotalAmt033166836
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0938134
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt110165679
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt26535293
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/OtherExpensesNotIncludedAmt026497
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt029189800
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024303911
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt053493711
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01548131
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCUMULATED PROVISION FOR POST RETRIEMENT BENEFITS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt026500
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt026500
IRS990ScheduleD/RevenueSubtotalAmt035889666
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 2013.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DONATIONS EXPENSE RECLASSIFIED FOR RETURN (39,041)
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2990-T ACTIVITY RECLASSIFIED FOR RETURN 3,362
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3FEDERAL INCOME TAX DEPOSIT REFUNDED 9,500
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4OTHER TAX DIFFERENCES (321)
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt5NET DIFFERENCE (26,500)
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt6DONATIONS EXPENSE RECLASSIFIED FOR RETURN 39,041
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt7990-T ACTIVITY RECLASSIFIED FOR RETURN (3,362)
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt8FEDERAL INCOME TAX DEPOSIT REFUNDED (9,500)
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt9OTHER TAX ADJUSTMENTS 318
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt10NET DIFFERENCE 26,497
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 XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt XII, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt XII, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt XII, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt XII, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc10Other
IRS990ScheduleD/TotalBookValueLandBuildingsAmt033649887
IRS990ScheduleD/TotalBookValueProgramRltdAmt017677644
IRS990ScheduleD/TotalExpensesPerForm990Amt033193333
IRS990ScheduleD/TotalLiabilityAmt01548131
IRS990ScheduleD/TotalRevenuePerForm990Amt035916166
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt035889666
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt033166836
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt013568
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0LIGHTS, WIRING & POLES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0COMMUNITY IMPROVEMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SHELBY CO 4-H & JR FAIR ASSN
IRS990ScheduleI/RecipientTable/RecipientEIN0376029444
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0752 E 2500 N RD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MOWEAQUA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd062550
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0book
IRS990ScheduleI/Total501c3OrgCnt013568
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$67,692,659
Liabilities
$36,946,817
Net assets
$30,745,842
Revenue
$35,916,166
Expenses
$33,193,333
Net income
$2,722,833
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