Civic Intelligence

Spoon River Electric Cooperative

990 • Fiscal year 2015 • EIN 37-0527067

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

930 South Fifth AveCanton, IL 61520

(309) 647-2700

Siviq Scores

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

Liabilities / Assets

48th percentile

0.52x

Higher debt load relative to assets than 48% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

48th percentile

1.47x

Higher debt load relative to revenue than 48% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2015

Net Margin

58th percentile

3.0%

Higher net margin than 58% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

64th percentile

$199,426

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2015

Asset Growth

70th percentile

4.7%

Faster asset growth than 70% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

73rd percentile

2.3%

Faster revenue growth than 73% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Up

$29,780,090

Up $1,327,144 (+4.7%) from 2014

Net Assets

Up

$14,272,876

Up $722,675 (+5.3%) from 2014

Liabilities

Up

$15,507,214

Up $604,469 (+4.1%) from 2014

Revenue

Up

$10,514,812

Up $233,714 (+2.3%) from 2014

Expenses

Down

$10,201,376

Down $714,808 (-6.5%) from 2014

Net Income

Up

$313,436

Up $948,522 (+149%) from 2014

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $24,524,435Liabilities 2010: $13,247,214Net Assets 2010: $11,277,2212010Assets 2011: $25,555,297Liabilities 2011: $13,745,907Net Assets 2011: $11,809,3902011Assets 2012: $26,183,369Liabilities 2012: $13,589,896Net Assets 2012: $12,593,4732012Assets 2013: $27,575,860Liabilities 2013: $14,019,718Net Assets 2013: $13,556,1422013Assets 2014: $28,452,946Liabilities 2014: $14,902,745Net Assets 2014: $13,550,2012014Assets 2015: $29,780,090Liabilities 2015: $15,507,214Net Assets 2015: $14,272,8762015Assets 2017: $31,337,680Liabilities 2017: $15,927,795Net Assets 2017: $15,409,8852017Assets 2018: $31,987,401Liabilities 2018: $16,199,361Net Assets 2018: $15,788,0402018Assets 2019: $32,503,424Liabilities 2019: $16,073,856Net Assets 2019: $16,429,5682019Assets 2020: $33,263,922Liabilities 2020: $16,754,943Net Assets 2020: $16,508,9792020Assets 2021: $34,615,741Liabilities 2021: $16,783,330Net Assets 2021: $17,832,4112021Assets 2022: $36,157,982Liabilities 2022: $18,087,761Net Assets 2022: $18,070,2212022Assets 2023: $37,342,598Liabilities 2023: $18,473,296Net Assets 2023: $18,869,3022023Assets 2024: $39,502,795Liabilities 2024: $20,062,958Net Assets 2024: $19,439,8372024

Highlighted filing

2015

Assets$29,780,090
Liabilities$15,507,214
Net Assets$14,272,876

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $8,980,2352010Expenses 2011: $10,017,4762011Expenses 2012: $9,226,8862012Revenue 2013: $10,243,201Expenses 2013: $9,736,566Net Income 2013: $506,6352013Revenue 2014: $10,281,098Expenses 2014: $10,916,184Net Income 2014: -$635,0862014Revenue 2015: $10,514,812Expenses 2015: $10,201,376Net Income 2015: $313,4362015Revenue 2017: $10,000,850Expenses 2017: $9,778,398Net Income 2017: $222,4522017Revenue 2018: $11,096,283Expenses 2018: $10,864,504Net Income 2018: $231,7792018Revenue 2019: $11,260,678Expenses 2019: $10,635,358Net Income 2019: $625,3202019Revenue 2020: $10,938,788Expenses 2020: $10,853,299Net Income 2020: $85,4892020Revenue 2021: $11,600,803Expenses 2021: $10,333,899Net Income 2021: $1,266,9042021Revenue 2022: $11,269,227Expenses 2022: $11,032,362Net Income 2022: $236,8652022Revenue 2023: $12,292,423Expenses 2023: $11,494,122Net Income 2023: $798,3012023Revenue 2024: $12,488,219Expenses 2024: $11,764,669Net Income 2024: $723,5502024

Highlighted filing

2015

Revenue$10,514,812
Expenses$10,201,376
Net Income$313,436
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$10,549,421
Mission and Program Overview

Mission

The cooperative's primary mission is to provide electric service to its approximately 4,850 members located in five counties in west central illinois.

The primary exempt purpose of the cooperative is to provide electric service to approximately 4,850 members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,411,379$20,667,081▲ $1,255,702
Rtn Earn Endowment Incm Other Fnds$13,379,239$14,092,222▲ $712,983
Investments Other Securities$6,493,711$6,585,168▲ $91,457
Accounts Receivable$1,060,759$1,335,356▲ $274,597
Prepaid Expenses and Deferred Charges$827,405$748,570▼ $78,835
Inventories for Sale or Use$218,549$273,087▲ $54,538
Cash and Non-Interest-Bearing Accounts$347,393$170,828▼ $176,565
Cap Stk Tr Prin Current Funds$105,255$106,335▲ $1,080
Other Notes and Loans Receivable, Net$93,750--
Pd in Cap Srpls Land Bldg Eqp Fund$65,707$74,319▲ $8,612
Total Assets$28,452,946$29,780,090▲ $1,327,144
Liabilities
Mortgage Notes Payable Secured by Investment Property$13,522,955$14,052,026▲ $529,071
Accounts Payable and Accrued Expenses$744,333$835,360▲ $91,027
Other Liabilities$635,457$619,828▼ $15,629
Total Liabilities$14,902,745$15,507,214▲ $604,469
Net Assets / Fund Balance
Total Net Assets Fund Balance$13,550,201$14,272,876▲ $722,675
Total Liabilities and Net Assets / Fund Balance$28,452,946$29,780,090▲ $1,327,144

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$19,049,465$8,517,035$27,566,500
Equipment$1,291,006$2,006,822$3,297,828
Buildings$180,036$418,633$598,669
Land$146,574-$146,574
Other Securities$2,340,260--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William R DoddsPresident/CEOFT$154,098$45,328$199,426
Bernard MarvelChairman-$7,675-$7,675
Lyle H NelsonTreasurer-$5,550-$5,550
James C BanksDirector-$4,070-$4,070
Gregory M LeighDirector-$4,070-$4,070
Jack L ClarkSecretary-$3,885-$3,885
Robert D LascellesAsst Treasurer-$3,515-$3,515
Steven M PilleDirector-$3,330-$3,330
Terry a BeamVice Chairman-$3,145-$3,145
John SpanglerDirector-$2,960-$2,960

Highest Paid Contractors

ContractorServicesLocationCompensation
Altec Industries INCTruck And MaintenancePO BOX 11407, Birmingham, AL 35246$690,882
United Utility SupplyElectrical Material & SuppliesPO BOX 32170, Louisville, KY 40232$479,162
Fletcher-reinhardt CoElectrical Material & SuppliesPO BOX 500653, St Louis, MO 63150$164,516
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,879,094
Investment Income
$204,282
Other Revenue
$431,436
Change in Net Assets
$313,436

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,514,812
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$10,514,812
Total Revenue per Form 990
$10,514,812
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,537,363
Salaries, Compensation, and Employee Benefits$282,687
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest---$742,697
Depreciation Depletion---$725,881
Benefits to Members---$381,326
Current Officers, Directors, Trustees, and Key Employees---$192,298
Payroll Taxes---$90,389
Other Expenses---$80,054
All Other Expenses---$48,886
Fees for Services Legal---$23,712
Fees for Services Other---$23,040
Fees for Services Accounting---$13,250
Total Functional Expenses$0$0$0$10,201,376

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$10,201,376
Expenses per Audited Statements$9,820,050
Total Expenses per Audited Statements$9,820,050
Expenses Not Reported on Financial Statements$381,326
Other Expense Adjustments$381,326
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$254,662
Post-retirement Benefits$176,553
Construction Deposits$116,154
Prepaid Energy Usage$42,209
Other Deferred Credits$30,250
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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

Spoon river electric cooperative is an electric distribution cooperative consisting of approximately 4,850 members. Each customer of the cooperative receiving electrical service is a member.

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

The cooperative is divided into districts. The members are allowed to vote for the election of a director to represent each district.

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

Cooperative members are allowed to vote on proposed bylaw changes during the annual membership meeting.

Form 990, Part VI, Section B, Line 11

The form 990 is prepared by the cooperative's independent auditor. It is presented for review after it has been filed. If discrencies are found, an amended return will be filed.

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

The cooperative has a written conflict of interest policy. Board members, management and all other personnel are required to provide written certification annually.

Form 990, Part VI, Section C, Line 19

All new members are provided with a printed copy of the bylaws. The cooperative provides all active members financial statements prior to annual meeting. Policies and other financial information is available to members upon request.

Filing and Contact Details

Filer

Filer Name
Spoon River Electric Cooperative
EIN
37-0527067
Phone
3096472700
Address
930 SOUTH FIFTH AVE, CANTON, IL 61520

Signing Officer

Name
William R Dodds
Title
President/CEO
Phone
3096472700
Signed
2016-11-15

Organization Details

Principal Officer
William R Dodds
Formed
1939
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
43
Volunteers
0

Preparer

Firm
Bennett & Middendorf Ltd
Address
901 YORK ST PO BOX 807, QUINCY, IL 62306-0807
Preparer
Roy E Riddle
Phone
2172221142
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Changes in other equities 27,913. Patronage capital allocated to members reported in part ix, line 4 381,326.

Financial Statement Notes

PART XII, LINE 4B - OTHER ADJUSTMENTS:

2014 margins allocated to members required to be reported in part ix

Raw XML AppendixShowing 400 of 519 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/MissionDesc0THE COOPERATIVE'S PRIMARY MISSION IS TO PROVIDE ELECTRIC SERVICE TO ITS APPROXIMATELY 4,850 MEMBERS LOCATED IN FIVE COUNTIES IN WEST CENTRAL ILLINOIS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt013522955
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt014052026
IRS990/NetAssetsOrFundBalancesBOYAmt013550201
IRS990/NetAssetsOrFundBalancesEOYAmt014272876
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt074441
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt074441
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0409239
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1MAINTENANCE & DISTRIBUT
IRS990/OtherExpensesGrp/Desc2GENERAL & ADMINISTRATIV
IRS990/OtherExpensesGrp/Desc3CUSTOMER ACCOUNTING EXP
IRS990/OtherExpensesGrp/TotalAmt05388639
IRS990/OtherExpensesGrp/TotalAmt11631151
IRS990/OtherExpensesGrp/TotalAmt2860053
IRS990/OtherExpensesGrp/TotalAmt380054
IRS990/OtherLiabilitiesGrp/BOYAmt0635457
IRS990/OtherLiabilitiesGrp/EOYAmt0619828
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/Desc0PATRONAGE CAPITAL CREDITS
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS REVENUES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0424266
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt17170
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0424266
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt17170
IRS990/OtherRevenueTotalAmt0431436
IRS990/OtherSourcesGrossIncomeAmt0689711
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt093750
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt090389
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt065707
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt074319
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0827405
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0748570
IRS990/PrincipalOfficerNm0WILLIAM R DODDS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC SALES
IRS990/ProgramServiceRevenueGrp/Desc1FORFEITED DISCOUNTS & PENALTIES
IRS990/ProgramServiceRevenueGrp/Desc2RENTS FROM ELECTRIC PLANT & MISC
IRS990/ProgramServiceRevenueGrp/Desc3OTHER ELECTRIC REVENUE
IRS990/ProgramServiceRevenueGrp/ExclusionAmt053993
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09736266
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt188388
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2447
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09736266
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt188388
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt253993
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3447
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt01016412
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0106488
IRS990/PYOtherExpensesAmt09630738
IRS990/PYOtherRevenueAmt0341501
IRS990/PYProgramServiceRevenueAmt09833109
IRS990/PYRevenuesLessExpensesAmt0-635086
IRS990/PYSalariesCompEmpBnftPaidAmt0269034
IRS990/PYTotalExpensesAmt010916184
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010281098
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0313436
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt013379239
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt014092222
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0180036
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0418633
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0598669
IRS990ScheduleD/EquipmentGrp/BookValueAmt01291006
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02006822
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03297828
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0381326
IRS990ScheduleD/ExpensesSubtotalAmt09820050
IRS990ScheduleD/LandGrp/BookValueAmt0146574
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0146574
IRS990ScheduleD/OtherExpensesNotIncludedAmt0381326
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt019049465
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08517035
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt027566500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0254662
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt142209
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt230250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3116154
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4176553
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID ENERGY USAGE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER DEFERRED CREDITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CONSTRUCTION DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4POST-RETIREMENT BENEFITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0601950
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt12482
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt22286065
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt31354411
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt42340260
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CAPITAL TERM CERTIFICATES - NRUCFC
IRS990ScheduleD/OtherSecuritiesGrp/Desc1STOCK & MEMBERSHIPS IN ASSOCIATED ORGANIZATIONS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2PATRONAGE CAPITAL FROM ASSOCIATED ORGANIZATIONS
IRS990ScheduleD/OtherSecuritiesGrp/Desc3INVESTMENT IN SUBSIDIARY
IRS990ScheduleD/OtherSecuritiesGrp/Desc4EQUITY INVESTMENT IN POWER SUPPLIER
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt010514812
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt02014 MARGINS ALLOCATED TO MEMBERS REQUIRED TO BE REPORTED IN PART IX
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020667081
IRS990ScheduleD/TotalBookValueSecuritiesAmt06585168
IRS990ScheduleD/TotalExpensesPerForm990Amt010201376
IRS990ScheduleD/TotalLiabilityAmt0619828
IRS990ScheduleD/TotalRevenuePerForm990Amt010514812
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010514812
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09820050
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0154098
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt035340
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt09988
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WILLIAM R DODDS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0199426
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SPOON RIVER ELECTRIC COOPERATIVE IS AN ELECTRIC DISTRIBUTION COOPERATIVE CONSISTING OF APPROXIMATELY 4,850 MEMBERS. EACH CUSTOMER OF THE COOPERATIVE RECEIVING ELECTRICAL SERVICE IS A MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COOPERATIVE IS DIVIDED INTO DISTRICTS. THE MEMBERS ARE ALLOWED TO VOTE FOR THE ELECTION OF A DIRECTOR TO REPRESENT EACH DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COOPERATIVE MEMBERS ARE ALLOWED TO VOTE ON PROPOSED BYLAW CHANGES DURING THE ANNUAL MEMBERSHIP MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED BY THE COOPERATIVE'S INDEPENDENT AUDITOR. IT IS PRESENTED FOR REVIEW AFTER IT HAS BEEN FILED. IF DISCRENCIES ARE FOUND, AN AMENDED RETURN WILL BE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COOPERATIVE HAS A WRITTEN CONFLICT OF INTEREST POLICY. BOARD MEMBERS, MANAGEMENT AND ALL OTHER PERSONNEL ARE REQUIRED TO PROVIDE WRITTEN CERTIFICATION ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL NEW MEMBERS ARE PROVIDED WITH A PRINTED COPY OF THE BYLAWS. THE COOPERATIVE PROVIDES ALL ACTIVE MEMBERS FINANCIAL STATEMENTS PRIOR TO ANNUAL MEETING. POLICIES AND OTHER FINANCIAL INFORMATION IS AVAILABLE TO MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CHANGES IN OTHER EQUITIES 27,913. PATRONAGE CAPITAL ALLOCATED TO MEMBERS REPORTED IN PART IX, LINE 4 381,326.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0SPOON RIVER HOLDINGS INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0262867044
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0HOLDING COMPANY FOR RELATED COMPANIES
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0930 S 5TH AVE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0CANTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0IL

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$39.5$20.1$19.4$12.5$11.8$0.72
2023Detailed filing. Detailed filing data is available for this year.$37.3$18.5$18.9$12.3$11.5$0.80
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.2$18.1$18.1$11.3$11.0$0.24
2021Detailed filing. Detailed filing data is available for this year.$34.6$16.8$17.8$11.6$10.3$1.27
2020Detailed filing. Detailed filing data is available for this year.$33.3$16.8$16.5$10.9$10.9$0.09
2019Detailed filing. Detailed filing data is available for this year.$32.5$16.1$16.4$11.3$10.6$0.63
2018Detailed filing. Detailed filing data is available for this year.$32.0$16.2$15.8$11.1$10.9$0.23
2017Detailed filing. Detailed filing data is available for this year.$31.3$15.9$15.4$10.0$9.78$0.22
2015Detailed filing. Detailed filing data is available for this year.$29.8$15.5$14.3$10.5$10.2$0.31
2014Detailed filing. Detailed filing data is available for this year.$28.5$14.9$13.6$10.3$10.9$0.64
2013Detailed filing. Detailed filing data is available for this year.$27.6$14.0$13.6$10.2$9.74$0.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.2$13.6$12.6$9.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.6$13.7$11.8$10.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.5$13.2$11.3$8.98