Civic Intelligence

Spoon River Electric Cooperative

990 • Fiscal year 2021 • EIN 37-0527067

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 23, 2022

Organization Profilewww.srecoop.org
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

0.48x

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

2021 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

48th percentile

1.45x

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

2021 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2021

Net Margin

77th percentile

11%

Higher net margin than 77% of similar nonprofits.

2021 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

83rd percentile

$301,180

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2021 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2021

Asset Growth

60th percentile

4.1%

Faster asset growth than 60% of similar nonprofits.

2021 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

69th percentile

6.1%

Faster revenue growth than 69% of similar nonprofits.

2021 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets48th percentile

Assets

Up

$34,615,741

Up $1,351,819 (+4.1%) from 2020

Net Assets

Up

$17,832,411

Up $1,323,432 (+8.0%) from 2020

Liabilities

Up

$16,783,330

Up $28,387 (+0.2%) from 2020

Revenue And Expenses
Liabilities / Revenue48th percentileNet Margin77th percentile

Revenue

Up

$11,600,803

Up $662,015 (+6.1%) from 2020

Expenses

Down

$10,333,899

Down $519,400 (-4.8%) from 2020

Net Income

Up

$1,266,904

Up $1,181,415 (+1382%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

2021

Assets$34,615,741
Liabilities$16,783,330
Net Assets$17,832,411
Open 2021 Filing

Operations Trend

Revenue Growth69th percentile

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

2021

Revenue$11,600,803
Expenses$10,333,899
Net Income$1,266,904
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 23, 2022
Return Version
2021v4.2
Gross Receipts
$11,600,803
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.

To make the satisfaction of our members or number one priority. To continue our core business of providing reliable electric service to our members. To maintain the fiscal stability of the organization. To provide other products and services t our members that enhance their quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,929,315$25,145,973▲ $1,216,658
Rtn Earn Endowment Incm Other Fnds$16,449,087$17,720,606▲ $1,271,519
Investments Other Securities$7,037,397$7,222,143▲ $184,746
Accounts Receivable$1,156,918$1,055,672▼ $101,246
Inventories for Sale or Use$391,739$539,532▲ $147,793
Cash and Non-Interest-Bearing Accounts$586,843$514,226▼ $72,617
Prepaid Expenses and Deferred Charges$212,623$138,195▼ $74,428
Cap Stk Tr Prin Current Funds$110,805$111,805▲ $1,000
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$33,314,835$34,615,741▲ $1,300,906
Liabilities
Mortgage Notes Payable Secured by Investment Property$15,005,569$15,158,712▲ $153,143
Accounts Payable and Accrued Expenses$1,242,618$1,100,140▼ $142,478
Other Liabilities$506,756$524,478▲ $17,722
Total Liabilities$16,754,943$16,783,330▲ $28,387
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,559,892$17,832,411▲ $1,272,519
Total Liabilities and Net Assets / Fund Balance$33,314,835$34,615,741▲ $1,300,906

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$24,724,177$12,826,812$37,550,989
Buildings$213,267$559,856$773,123
Land$208,529-$208,529
Other Securities$562,025--
Closely Held Equity Interests$1,390,024--
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William DoddsCEO & PresidentFT$239,495$61,685$301,180
Paul MoffittJny LinemanFT$138,683$67,932$206,615
Dusty WintermoteLine ForemanFT$133,179$35,620$168,799
Joshua DeWeesCOOFT$104,209$60,307$164,516
William SagoLine ForemanFT$106,322$44,840$151,162
Mark BalbinotManager of EngineeringFT$120,881$12,834$133,715
Louis GrayLinemanFT$113,071$16,733$129,804
Cody SchallCFOFT$70,621$9,626$80,247
Mary BartleyCFO & Office ManagerFT$18,518$2,139$20,657
Bernard MarvelPresident-$4,375-$4,375
Lyle NelsonTreasurer-$4,140-$4,140
Terry BeamVice-President-$3,308-$3,308
Jack ClarkSecretary-$2,749-$2,749
Wesley StrodeDirector-$2,567-$2,567
Kurt DuncanDirector-$2,360-$2,360
JoDee PedigoDirector-$2,321-$2,321
John SpanglerDirector-$2,246-$2,246
Joe DavisDirector-$2,122-$2,122
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,913,150
Investment Income
$30,429
Other Revenue
$657,224
Change in Net Assets
$1,266,904

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,600,803
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$11,600,803
Total Revenue per Form 990
$11,600,803
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,730,065
Salaries, Compensation, and Employee Benefits$603,834
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,038,095--$1,038,095
Interest$698,468--$698,468
Current Officers, Directors, Trustees, and Key Employees$603,834--$603,834
All Other Expenses$141,709--$141,709
Other Expenses$109,571--$109,571
Total Functional Expenses$10,333,899$0$0$10,333,899

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,333,899
Total Expenses per Audited Statements$10,333,899
Total Expenses per Form 990$10,333,899
Expenses Not Reported on Financial Statements$0
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$338,481
Post-employment Benefits$157,053
Deferred Credits$28,944
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
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
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 one vote at the Cooperative's annual meeting.”

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

“Directors are elected by district 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 Spoon River Electric Cooperative's Board of Directors meetings.”

Form 990, Part VI, Section C, line 18

“Copies of the Cooperative's Federal Form 990 are available through Guidestar.org and at IRS.gov, or upon request of the cooperative.”

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
Spoon River Electric Cooperative
EIN
37-0527067
Phone
3096472700
Address
930 South Fifth Ave, Canton, IL 61520

Signing Officer

Name
Joshua DeWees
Title
President/CEO
Phone
3096472700
Signed
2022-06-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua DeWees
Formed
1939
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
37
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 XI, line 9:

“Changes in Other Comprehensive Income 4,615. Changes in Memberships 1,000.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO & President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7COO
IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9CFO & Office Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt10Manager of Engineering
IRS990/Form990PartVIISectionAGrp/TitleTxt11Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt12Jny Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt13Line Foreman
IRS990/Form990PartVIISectionAGrp/TitleTxt14Line Foreman
IRS990/Form990PartVIISectionAGrp/TitleTxt15President
IRS990/Form990PartVIISectionAGrp/TitleTxt16Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt17Vice-President
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01939
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt011600803
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt0698468
IRS990/InterestGrp/TotalAmt0698468
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0391739
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0539532
IRS990/InvestmentIncomeGrp/ExclusionAmt030429
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt030429
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt07037397
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt07222143
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt023929315
IRS990/LandBldgEquipBasisNetGrp/EOYAmt025145973
IRS990/LandBldgEquipCostOrOtherBssAmt038532641
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt010653608
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To make the satisfaction of our members or number one priority. To continue our core business of providing reliable electric service to our members. To maintain the fiscal stability of the organization. To provide other products and services t our members that enhance their quality of life.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt015005569
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt015158712
IRS990/NetAssetsOrFundBalancesBOYAmt016559892
IRS990/NetAssetsOrFundBalancesEOYAmt017832411
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt05615
IRS990/OtherExpensesGrp/Desc0Purchased Power
IRS990/OtherExpensesGrp/Desc1Distribution
IRS990/OtherExpensesGrp/Desc2Adminstration
IRS990/OtherExpensesGrp/Desc3Customer Service & Acco
IRS990/OtherExpensesGrp/ProgramServicesAmt05459988
IRS990/OtherExpensesGrp/ProgramServicesAmt11976482
IRS990/OtherExpensesGrp/ProgramServicesAmt2305752
IRS990/OtherExpensesGrp/ProgramServicesAmt3109571
IRS990/OtherExpensesGrp/TotalAmt05459988
IRS990/OtherExpensesGrp/TotalAmt11976482
IRS990/OtherExpensesGrp/TotalAmt2305752
IRS990/OtherExpensesGrp/TotalAmt3109571
IRS990/OtherLiabilitiesGrp/BOYAmt0506756
IRS990/OtherLiabilitiesGrp/EOYAmt0524478
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/Desc0PPP Loan Forgiveness
IRS990/OtherRevenueMiscGrp/ExclusionAmt0657224
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0657224
IRS990/OtherRevenueTotalAmt0657224
IRS990/OtherSourcesGrossIncomeAmt0947195
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0212623
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0138195
IRS990/PrincipalOfficerNm0Joshua DeWees
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0Energy Sales
IRS990/ProgramServiceRevenueGrp/Desc1Patronage Capital
IRS990/ProgramServiceRevenueGrp/Desc2Other Electric Revenue
IRS990/ProgramServiceRevenueGrp/Desc3Non-operating
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010302909
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1434846
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt294274
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt381121
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010302909
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1434846
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt294274
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt381121
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0317272
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0138237
IRS990/PYOtherExpensesAmt09181424
IRS990/PYOtherRevenueAmt0447270
IRS990/PYProgramServiceRevenueAmt010353281
IRS990/PYRevenuesLessExpensesAmt085489
IRS990/PYSalariesCompEmpBnftPaidAmt01354603
IRS990/PYTotalExpensesAmt010853299
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010938788
IRS990/ReconcilationRevenueExpnssAmt01266904
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt010913150
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt016449087
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt017720606
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0213267
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0559856
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0773123
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt01390024
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/EquipmentGrp/BookValueAmt024724177
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012826812
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt037550989
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt010333899
IRS990ScheduleD/LandGrp/BookValueAmt0208529
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0208529
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0157053
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt128944
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2338481
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Post-employment Benefits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Credits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Customer Deposits
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03910400
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1580900
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2564821
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3113553
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt470946
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt514932
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt614542
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7562025
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Prairie Power Inc
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Prairie State Campus
IRS990ScheduleD/OtherSecuritiesGrp/Desc2NRUCFC
IRS990ScheduleD/OtherSecuritiesGrp/Desc3Federated Insurance
IRS990ScheduleD/OtherSecuritiesGrp/Desc4SEDC Meridian
IRS990ScheduleD/OtherSecuritiesGrp/Desc5United Utility Supply
IRS990ScheduleD/OtherSecuritiesGrp/Desc6Other
IRS990ScheduleD/OtherSecuritiesGrp/Desc7CFC Capital Term Sertificates
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt011600803
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025145973
IRS990ScheduleD/TotalBookValueSecuritiesAmt07222143
IRS990ScheduleD/TotalExpensesPerForm990Amt010333899
IRS990ScheduleD/TotalLiabilityAmt0524478
IRS990ScheduleD/TotalRevenuePerForm990Amt011600803
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011600803
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt010333899
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0239495
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1104209
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2138683
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3106322
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4133179
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,615,741
Liabilities
$16,783,330
Net assets
$17,832,411
Revenue
$11,600,803
Expenses
$10,333,899
Net income
$1,266,904
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