Civic Intelligence

Wayne-White Counties Electric Cooperative Inc

990 • Fiscal year 2018 • EIN 37-0574965

Jan 01, 2018 to Dec 31, 2018 • Filed on May 15, 2019

Organization ProfileWWW.WAYNEWHITECOOP.COM

View Organization Page

PO Drawer EFairfield, IL 62837

(618) 842-2196

Siviq Scores

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

Liabilities / Assets

4th percentile

0.21x

Higher debt load relative to assets than 4% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2018

Liabilities / Revenue

5th percentile

0.44x

Higher debt load relative to revenue than 5% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2018

Net Margin

94th percentile

13%

Higher net margin than 94% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2018

Top Officer Pay

11th percentile

$224,941

Higher top officer pay than 11% of similar nonprofits.

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

2018 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2018

Asset Growth

40th percentile

2.5%

Faster asset growth than 40% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Revenue Growth

47th percentile

5.3%

Faster revenue growth than 47% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets4th percentile

Assets

Up

$100,240,723

Up $2,410,797 (+2.5%) from 2017

Net Assets

Up

$79,310,280

Up $4,617,424 (+6.2%) from 2017

Liabilities

Down

$20,930,443

Down $2,206,627 (-9.5%) from 2017

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin94th percentile

Revenue

Up

$47,177,061

Up $2,358,030 (+5.3%) from 2017

Expenses

Up

$41,245,654

Up $3,037,171 (+7.9%) from 2017

Net Income

Down

$5,931,407

Down $679,141 (-10%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$150M$100M$50M$0Assets 2010: $84,173,129Liabilities 2010: $36,901,705Net Assets 2010: $47,271,4242010Assets 2011: $86,863,366Liabilities 2011: $36,442,549Net Assets 2011: $50,420,8172011Assets 2012: $86,427,086Liabilities 2012: $34,082,794Net Assets 2012: $52,344,2922012Assets 2013: $86,860,688Liabilities 2013: $31,527,966Net Assets 2013: $55,332,7222013Assets 2014: $89,317,052Liabilities 2014: $29,326,052Net Assets 2014: $59,991,0002014Assets 2015: $90,969,210Liabilities 2015: $26,731,315Net Assets 2015: $64,237,8952015Assets 2016: $93,509,335Liabilities 2016: $24,385,586Net Assets 2016: $69,123,7492016Assets 2017: $97,829,926Liabilities 2017: $23,137,070Net Assets 2017: $74,692,8562017Assets 2018: $100,240,723Liabilities 2018: $20,930,443Net Assets 2018: $79,310,2802018Assets 2019: $103,493,863Liabilities 2019: $20,069,622Net Assets 2019: $83,424,2412019Assets 2020: $108,372,008Liabilities 2020: $23,257,376Net Assets 2020: $85,114,6322020Assets 2021: $112,553,060Liabilities 2021: $22,418,942Net Assets 2021: $90,134,1182021Assets 2022: $117,874,701Liabilities 2022: $26,621,137Net Assets 2022: $91,253,5642022Assets 2023: $122,759,145Liabilities 2023: $29,049,716Net Assets 2023: $93,709,4292023Assets 2024: $125,643,064Liabilities 2024: $29,252,932Net Assets 2024: $96,390,1322024

Highlighted filing

2018

Assets$100,240,723
Liabilities$20,930,443
Net Assets$79,310,280
Open 2018 Filing

Operations Trend

Revenue Growth47th percentile

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

$60M$40M$20M$0Expenses 2010: $24,519,3042010Expenses 2011: $35,447,1522011Expenses 2012: $37,887,5592012Revenue 2013: $40,003,586Expenses 2013: $36,165,350Net Income 2013: $3,838,2362013Revenue 2014: $44,667,519Expenses 2014: $39,305,752Net Income 2014: $5,361,7672014Revenue 2015: $46,967,583Expenses 2015: $41,617,314Net Income 2015: $5,350,2692015Revenue 2016: $44,367,572Expenses 2016: $38,403,744Net Income 2016: $5,963,8282016Revenue 2017: $44,819,031Expenses 2017: $38,208,483Net Income 2017: $6,610,5482017Revenue 2018: $47,177,061Expenses 2018: $41,245,654Net Income 2018: $5,931,4072018Revenue 2019: $45,434,530Expenses 2019: $39,579,286Net Income 2019: $5,855,2442019Revenue 2020: $40,589,109Expenses 2020: $36,538,295Net Income 2020: $4,050,8142020Revenue 2021: $44,850,282Expenses 2021: $38,029,306Net Income 2021: $6,820,9762021Revenue 2022: $47,895,161Expenses 2022: $43,745,152Net Income 2022: $4,150,0092022Revenue 2023: $50,033,585Expenses 2023: $45,690,130Net Income 2023: $4,343,4552023Revenue 2024: $51,968,144Expenses 2024: $47,365,143Net Income 2024: $4,603,0012024

Highlighted filing

2018

Revenue$47,177,061
Expenses$41,245,654
Net Income$5,931,407
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 15, 2019
Return Version
2018v3.1
Gross Receipts
$47,177,061
Mission and Program Overview

Mission

To distribute electricity to its members

The cooperative is dedicated to serving its member-owners by providing excellent electric services, superior customer service, and other services that improve their quality of life, at fair and affordable prices.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$74,692,856$79,310,280▲ $4,617,424
Land, Buildings, and Equipment, Net$60,880,738$62,823,352▲ $1,942,614
Investments Program Related$30,820,953$31,786,353▲ $965,400
Accounts Receivable$4,083,290$3,881,930▼ $201,360
Inventories for Sale or Use$855,134$877,633▲ $22,499
Cash and Non-Interest-Bearing Accounts$1,009,122$674,343▼ $334,779
Prepaid Expenses and Deferred Charges$167,189$183,612▲ $16,423
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$97,829,926$100,240,723▲ $2,410,797
Other Assets Total$13,500$13,500→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$18,585,853$17,073,696▼ $1,512,157
Accounts Payable and Accrued Expenses$3,702,300$3,092,678▼ $609,622
Deferred Revenue$498,212$405,614▼ $92,598
Other Liabilities$350,705$358,455▲ $7,750
Total Liabilities$23,137,070$20,930,443▼ $2,206,627
Net Assets / Fund Balance
Total Net Assets Fund Balance$74,692,856$79,310,280▲ $4,617,424
Total Liabilities and Net Assets / Fund Balance$97,829,926$100,240,723▲ $2,410,797

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$62,500,276$22,124,025$84,624,301
Buildings$177,231$736,853$914,084
Land$145,845-$145,845
Investment Program Related Org$28,416,072--
Compensation and Service Providers
Top Officer Pay11th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daryl DonjonCEOFT$191,187$33,754$224,941
David VaughanLinemanFT$117,947$20,179$138,126
Cody RichardsLinemanFT$115,049$19,806$134,855
Chad HinkleLinemanFT$114,367$20,049$134,416
Chad NaasLinemanFT$110,533$19,802$130,335
Andy GloverSecretaryPT$3,450-$3,450
Ken LamontTreasurer-$3,000-$3,000
Richard RubenackerChairman-$2,850-$2,850
Dale HarrisDirector-$2,850-$2,850
Noel EdminsonVice Chairman-$2,700-$2,700
Danny RoseDirector-$2,700-$2,700
Larry HosseltonDirector-$2,550-$2,550
Wade Marshall JrDirector-$1,800-$1,800
Steve BeckerDirector-$1,500-$1,500

Highest Paid Contractors

ContractorServicesLocationCompensation
Ch Garmong & Son INCRemodel3050 POPLAR STREET, Terre Haute, IN 47803$529,151
Nelson Tree SerivcePruning4489 SOLUTIONS CENTER, Chicago, IL 60677$303,655
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$45,609,237
Investment Income
$135,393
Other Revenue
$1,432,431
Change in Net Assets
$5,931,407

Audited Revenue Reconciliation

Revenue per Audited Statements
$47,177,061
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$47,177,061
Total Revenue per Form 990
$47,177,061
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$39,705,918
Salaries, Compensation, and Employee Benefits$1,539,736
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$2,864,420
Other Expenses---$1,170,535
All Other Expenses---$835,800
Other Salaries and Wages---$823,409
Interest---$778,280
Current Officers, Directors, Trustees, and Key Employees---$716,327
Office Expenses---$85,565
Fees for Services Accounting---$4,595
Total Functional Expenses$0$0$0$41,245,654

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$41,245,654
Total Expenses per Audited Statements$41,245,654
Total Expenses per Form 990$41,245,654
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Larry HosseltonSee BelowSee BelowNo$30,166,297
Rick RubenackerSee BelowSee BelowNo$186,737
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Consumer Deposits$358,455
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
No
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

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The members of wayne white counties electrical cooperative inc also receive services from the cooperative.”

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

“All board members are elected by the membership”

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

“Members approve all bylaw changes”

Form 990, Part VI, Section A, Line 8B

“NO SEPARATE COMMITTEES”

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

“Reviewed by management and emailed to board”

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

“The organization maintains a written conflict of interest policy and periodically monitors potential changes to these conflicts”

Form 990, Part VI, Section B, Line 15B

“The board of directors determines the manager's salary based on budgeted amounts for compensation for the upcoming year. This is discussed without hte manager being present.”

Form 990, Part VI, Section C, Line 19

“The organization makes all public forms available for inspection, including forms 990 and 990-t at the organization's office”

Filing and Contact Details

Filer

Filer Name
Wayne-white Counties Electric
EIN
37-0574965
Phone
6188422196
Address
PO DRAWER E, FAIRFIELD, IL 62837

Signing Officer

Name
Daryl Donjon
Title
CEO
Phone
6188422196
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daryl Donjon
Formed
1936
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
48
Volunteers
0

Preparer

Firm
Lwg Cpas & Advisors
Address
1776 N MERIDIAN ST STE 500, INDIANAPOLIS, IN 46202
Preparer
Earl L Ridlen
Phone
3176344747
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Other comprehensive income -4,317. Retirement of patron's capital credits -1,309,666.”

Form 990, Part XII, Line 2C

“The responsibility of the commitee for oversight of the audit, review, compilation of financial statements and selection of independent auditor has not changed from prior years”

Financial Statement Notes

PART X, LINE 2:

“The remc does not beleive they are taking any uncertain tax positions”

Raw XML AppendixShowing 400 of 536 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/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt020844
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt020844
IRS990/GrossReceiptsAmt047177061
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt015
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt0778280
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0855134
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0877633
IRS990/InvestmentIncomeGrp/ExclusionAmt0114549
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0114549
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt030820953
IRS990/InvestmentsProgramRelatedGrp/EOYAmt031786353
IRS990/IRPDocumentCnt0211
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt022860878
IRS990/LandBldgEquipBasisNetGrp/BOYAmt060880738
IRS990/LandBldgEquipBasisNetGrp/EOYAmt062823352
IRS990/LandBldgEquipCostOrOtherBssAmt085684230
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt045609237
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO DISTRIBUTE ELECTRICITY TO ITS MEMBERS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt018585853
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt017073696
IRS990/NetAssetsOrFundBalancesBOYAmt074692856
IRS990/NetAssetsOrFundBalancesEOYAmt079310280
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt020844
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt020844
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt085565
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt013500
IRS990/OtherAssetsTotalGrp/EOYAmt013500
IRS990/OtherChangesInNetAssetsAmt0-1313983
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1MAINTENANCE
IRS990/OtherExpensesGrp/Desc2ADMINSTRATIVE EXPENSES
IRS990/OtherExpensesGrp/Desc3CONSUMER SERVICE
IRS990/OtherExpensesGrp/TotalAmt030166297
IRS990/OtherExpensesGrp/TotalAmt12348263
IRS990/OtherExpensesGrp/TotalAmt21452163
IRS990/OtherExpensesGrp/TotalAmt31170535
IRS990/OtherLiabilitiesGrp/BOYAmt0350705
IRS990/OtherLiabilitiesGrp/EOYAmt0358455
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1451110
IRS990/OtherRevenueMiscGrp/BusinessCd2523000
IRS990/OtherRevenueMiscGrp/Desc0PATRONAGE & CAPITAL CREDITS
IRS990/OtherRevenueMiscGrp/Desc1EQUITY EARNINGS IN SUBSIDIARY
IRS990/OtherRevenueMiscGrp/Desc2MISC NONOP INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt01176578
IRS990/OtherRevenueMiscGrp/ExclusionAmt1159428
IRS990/OtherRevenueMiscGrp/ExclusionAmt296425
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01176578
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1159428
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt296425
IRS990/OtherRevenueTotalAmt01432431
IRS990/OtherSalariesAndWagesGrp/TotalAmt0823409
IRS990/OtherSourcesGrossIncomeAmt01567824
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0167189
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0183612
IRS990/PrincipalOfficerNm0DARYL DONJON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENTIAL SALES
IRS990/ProgramServiceRevenueGrp/Desc1COMMERCIAL - LARGE
IRS990/ProgramServiceRevenueGrp/Desc2COMMERCIAL - SMALL
IRS990/ProgramServiceRevenueGrp/Desc3OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt023104237
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt117380257
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23828401
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31296342
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt023104237
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt117380257
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23828401
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31296342
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0112038
IRS990/PYOtherExpensesAmt036655635
IRS990/PYOtherRevenueAmt01614688
IRS990/PYProgramServiceRevenueAmt043092305
IRS990/PYRevenuesLessExpensesAmt06610548
IRS990/PYSalariesCompEmpBnftPaidAmt01552848
IRS990/PYTotalExpensesAmt038208483
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt044819031
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt05931407
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt045630081
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt074692856
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt079310280
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0177231
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0736853
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0914084
IRS990ScheduleD/EquipmentGrp/BookValueAmt062500276
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022124025
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt084624301
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt041245654
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt01265239
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1141821
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt21963221
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt328416072
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CFC TERM CERTIFICATES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1OTHER MISC INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2INVESTMENT IN SUBSIDIARY
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3INVESTMENT IN RELATED ORGANIZATION
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/LandGrp/BookValueAmt0145845
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0145845
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0358455
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONSUMER DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt047177061
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE REMC DOES NOT BELEIVE THEY ARE TAKING ANY UNCERTAIN TAX POSITIONS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt062823352
IRS990ScheduleD/TotalBookValueProgramRltdAmt031786353
IRS990ScheduleD/TotalExpensesPerForm990Amt041245654
IRS990ScheduleD/TotalLiabilityAmt0358455
IRS990ScheduleD/TotalRevenuePerForm990Amt047177061
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt047177061
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt041245654
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0191187
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt033754
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DARYL DONJON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0224941
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0LARRY HOSSELTON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1RICK RUBENACKER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SEE BELOW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1SEE BELOW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt030166297
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1186737
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SEE BELOW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1SEE BELOW
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0DIRECTOR OF BOTH THE COOPERATIVE AND HOSSIER ENERGY. THE COOPERATIVE PURCHASES POWER FROM HOOSIER ENERGY.
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt1DIRECTOR OF BOTH THE COOPERATIVE AND THE ASSOCIATION OF ILLINOIS ELECTRIC COOPERATIVES. THE COOPERATIVE PAYS DUES TO THE ASSOCIATION OF ILLINOIS ELECTRIC COOPERATIVES.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCHEDULE L, PART IV(B) LINE 1
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, SCHEDULE L, PART IV(B) LINE 2
IRS990/ScheduleORequiredInd01

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$100,240,723
Liabilities
$20,930,443
Net assets
$79,310,280
Revenue
$47,177,061
Expenses
$41,245,654
Net income
$5,931,407
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$126$29.3$96.4$52.0$47.4$4.60
2023Detailed filing. Detailed filing data is available for this year.$123$29.0$93.7$50.0$45.7$4.34
2022Detailed filing. Detailed filing data is available for this year.$118$26.6$91.3$47.9$43.7$4.15
2021Detailed filing. Detailed filing data is available for this year.$113$22.4$90.1$44.9$38.0$6.82
2020Detailed filing. Detailed filing data is available for this year.$108$23.3$85.1$40.6$36.5$4.05
2019Detailed filing. Detailed filing data is available for this year.$103$20.1$83.4$45.4$39.6$5.86
2018Detailed filing. Detailed filing data is available for this year.$100$20.9$79.3$47.2$41.2$5.93
2017Detailed filing. Detailed filing data is available for this year.$97.8$23.1$74.7$44.8$38.2$6.61
2016Detailed filing. Detailed filing data is available for this year.$93.5$24.4$69.1$44.4$38.4$5.96
2015Detailed filing. Detailed filing data is available for this year.$91.0$26.7$64.2$47.0$41.6$5.35
2014Detailed filing. Detailed filing data is available for this year.$89.3$29.3$60.0$44.7$39.3$5.36
2013Detailed filing. Detailed filing data is available for this year.$86.9$31.5$55.3$40.0$36.2$3.84
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$86.4$34.1$52.3$37.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$86.9$36.4$50.4$35.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$84.2$36.9$47.3$24.5