Civic Intelligence

Thumb Electric Cooperative of Michigan Inc

990 • Fiscal year 2014 • EIN 38-1101255

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 23, 2015

2231 Main StreetUbly, MI 48475

(989) 658-8571

Siviq Scores

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

Liabilities / Assets

77th percentile

0.64x

Higher debt load relative to assets than 77% of similar nonprofits.

2014 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

88th percentile

2.21x

Higher debt load relative to revenue than 88% of similar nonprofits.

2014 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2014

Net Margin

10th percentile

-0.1%

Higher net margin than 10% of similar nonprofits.

2014 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

62nd percentile

$232,655

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2014 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2014

Asset Growth

12th percentile

-0.1%

Faster asset growth than 12% of similar nonprofits.

2014 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

43rd percentile

3.5%

Faster revenue growth than 43% of similar nonprofits.

2014 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Assets

Down

$66,941,990

Down $93,334 (-0.1%) from 2013

Net Assets

Up

$23,825,505

Up $1,165,419 (+5.1%) from 2013

Liabilities

Down

$43,116,485

Down $1,258,753 (-2.8%) from 2013

Revenue

Up

$19,523,241

Up $668,066 (+3.5%) from 2013

Expenses

Up

$19,551,328

Up $647,459 (+3.4%) from 2013

Net Income

Up

-$28,087

Up $20,607 (+42%) from 2013

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2010: $59,373,253Liabilities 2010: $39,204,876Net Assets 2010: $20,168,3772010Assets 2011: $60,034,366Liabilities 2011: $38,591,682Net Assets 2011: $21,442,6842011Assets 2012: $62,784,256Liabilities 2012: $40,151,854Net Assets 2012: $22,632,4022012Assets 2013: $67,035,324Liabilities 2013: $44,375,238Net Assets 2013: $22,660,0862013Assets 2014: $66,941,990Liabilities 2014: $43,116,485Net Assets 2014: $23,825,5052014Assets 2015: $69,750,154Liabilities 2015: $46,181,308Net Assets 2015: $23,568,8462015Assets 2016: $71,955,095Liabilities 2016: $47,779,206Net Assets 2016: $24,175,8892016Assets 2017: $75,917,147Liabilities 2017: $51,231,787Net Assets 2017: $24,685,3602017Assets 2018: $78,243,208Liabilities 2018: $52,650,129Net Assets 2018: $25,593,0792018Assets 2019: $82,093,205Liabilities 2019: $55,751,884Net Assets 2019: $26,341,3212019Assets 2020: $86,613,506Liabilities 2020: $59,352,701Net Assets 2020: $27,260,8052020Assets 2021: $121,318,630Liabilities 2021: $91,875,386Net Assets 2021: $29,443,2442021Assets 2022: $142,582,924Liabilities 2022: $110,594,045Net Assets 2022: $31,988,8792022Assets 2023: $169,361,198Liabilities 2023: $134,122,237Net Assets 2023: $35,238,9612023Assets 2024: $209,440,494Liabilities 2024: $171,777,987Net Assets 2024: $37,662,5072024

Highlighted filing

2014

Assets$66,941,990
Liabilities$43,116,485
Net Assets$23,825,505

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $16,981,7502010Expenses 2011: $17,781,1342011Expenses 2012: $18,136,5712012Revenue 2013: $18,855,175Expenses 2013: $18,903,869Net Income 2013: -$48,6942013Revenue 2014: $19,523,241Expenses 2014: $19,551,328Net Income 2014: -$28,0872014Revenue 2015: $19,746,567Expenses 2015: $19,772,114Net Income 2015: -$25,5472015Revenue 2016: $20,430,946Expenses 2016: $20,444,244Net Income 2016: -$13,2982016Revenue 2017: $21,061,541Expenses 2017: $21,088,338Net Income 2017: -$26,7972017Revenue 2018: $22,377,923Expenses 2018: $22,407,026Net Income 2018: -$29,1032018Revenue 2019: $22,231,704Expenses 2019: $22,280,759Net Income 2019: -$49,0552019Revenue 2020: $22,951,554Expenses 2020: $23,006,073Net Income 2020: -$54,5192020Revenue 2021: $24,270,853Expenses 2021: $24,603,733Net Income 2021: -$332,8802021Revenue 2022: $28,200,697Expenses 2022: $27,026,663Net Income 2022: $1,174,0342022Revenue 2023: $31,267,329Expenses 2023: $30,744,976Net Income 2023: $522,3532023Revenue 2024: $34,579,604Expenses 2024: $35,105,488Net Income 2024: -$525,8842024

Highlighted filing

2014

Revenue$19,523,241
Expenses$19,551,328
Net Income-$28,087
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 23, 2015
Return Version
2014v5.0
Gross Receipts
$19,551,729
Mission and Program Overview

Mission

Electric Cooperative. Added Fiber Division 1/21.

Electric Cooperative

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$55,408,229$57,327,927▲ $1,919,698
Rtn Earn Endowment Incm Other Fnds$22,493,076$23,655,825▲ $1,162,749
Accounts Receivable$3,301,199$3,159,193▼ $142,006
Investments Program Related$2,870,827$3,092,434▲ $221,607
Prepaid Expenses and Deferred Charges$1,370,479$1,159,408▼ $211,071
Inventories for Sale or Use$962,717$1,047,951▲ $85,234
Savings and Temporary Cash Investments$3,017,006$1,004,792▼ $2,012,214
Cap Stk Tr Prin Current Funds$167,010$169,680▲ $2,670
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$67,035,324$66,941,990▼ $93,334
Other Assets Total$104,867$150,285▲ $45,418
Liabilities
Unsecured Notes Loans Payable$39,638,325$38,405,964▼ $1,232,361
Accounts Payable and Accrued Expenses$4,666,678$4,586,811▼ $79,867
Deferred Revenue$70,235$123,710▲ $53,475
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Other Liabilities-$0-
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$44,375,238$43,116,485▼ $1,258,753
Net Assets / Fund Balance
Total Net Assets Fund Balance$22,660,086$23,825,505▲ $1,165,419
Total Liabilities and Net Assets / Fund Balance$67,035,324$66,941,990▼ $93,334

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$53,214,187$25,326,920$78,541,107
Buildings$1,425,272$812,198$2,237,470
Other Land Buildings$1,712,165$0$1,712,165
Land$976,303-$868,974
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dallas BraunGeneral ManagerFT$160,344$75,160$235,504
Brandon BruceLinemanFT$116,258$27,399$143,657
Mike ClelandLinemanFT$132,891$7,043$139,934
Jeff SwickLinemanFT$116,573$17,970$134,543
Mike AfferLinemanFT$116,440$17,043$133,483
Mike KozlowskiLinemanFT$121,153$8,989$130,142
Jim VogelLinemanFT$119,106$9,967$129,073
Rich TimkoLinemanFT$119,357$9,135$128,492
James PhilpFinance ExecutiveFT$75,092$42,896$117,988
Louis WenzlaffPresident-$4,900-$4,900
Kim NunnDirector-$4,200-$4,200
Beth McDonaldSecretary-$4,000-$4,000
Carl CousinsDirector-$3,600-$3,600
Randy DhyseTreasurer-$3,600-$3,600
Don WolschlegerVice President-$2,800-$2,800
Karl DeSimpelareDirector-$2,800-$2,800
Lynn MorellDirector-$2,800-$2,800
Duane KursinskyDirector-$2,400-$2,400

Highest Paid Contractors

ContractorServicesLocationCompensation
Kappen Tree ServiceTree Trimming2675 Hurds Corner Road, Cass City, MI 48726$936,721
RescoLine Construction MaterialsPO Box 44430, Madison, WI 53744-4430$806,442
Midwest PowerlineLine Construction Contractor1632 East Michigan Avenue, Battle Creek, MI 49014$265,719
SpeLine Construction Contractor4400 Dove Road, Port Huron, MI 48060$240,694
ProLine ClearanceTree Trimming3895 24th Avenue, Fort Gratiot, MI 48059$225,413
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$19,403,915
Investment Income
$74,487
Other Revenue
$44,839
Change in Net Assets
$-28,087

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,523,241
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$88,564
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$19,611,805
Total Revenue per Form 990
$19,523,241
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,093,269
Salaries, Compensation, and Employee Benefits$3,935,564
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,670,603
Depreciation Depletion---$1,947,550
Benefits to Members---$1,522,495
Interest---$1,494,798
Other Expenses---$927,516
Occupancy---$731,847
Pension Plan Contributions---$717,885
Current Officers, Directors, Trustees, and Key Employees---$327,217
Payroll Taxes---$219,859
All Other Expenses---$-3,823,359
Total Functional Expenses$0$0$0$19,551,328

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$19,551,328
Expenses per Audited Statements$18,028,833
Total Expenses per Audited Statements$18,028,833
Expenses Not Reported on Financial Statements$1,522,495
Other Expense Adjustments$1,522,495
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
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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

Governance Explanations

Form 990, Part VI, Section A, Line 6

Explanation: The Cooperative has members. Each member has one voting right.

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

Explanation: The Board of Directors is elected by the members.

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

Explanation: Members vote on items affecting the bylaws of the Cooperative.

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

Explanation: There are no other committees that act on behalf of the governing board.

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

Explanation: The Form 990 is reviewed and approved by the General Manager and Finance Executive. The Form 990 is then provided to the Board before it is filed with the IRS.

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

Explanation: The Board and management staff conduct a yearly review for any conflicts, The General Manager reviews the documents and determines if a conflict exists. If a conflict exists the General Manager would request the individual to abstain from voting.

Form 990, Part VI, Section B, Line 15

Explanation: The Board annually reviews and approves the compensation for the General Manager and Finance Executive in conjunction with NRECA compensation study. Board review and approval is substantiated in the board minutes.

Form 990, Part VI, Section C, Line 19

Explanation: The governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Form 990, Part VII, Section A, Line 1A

Explanation: The amounts listed in column F, are actuarial estimates of the increase in the value of the employees defined benefit pension. The actual current year expense for the defined benefit pension plan was: Dallas Braun $35,216, James Philp $18,768, Mike Affer $15,171, Richard Timko $15,171, Mike Cleland 14,136, Mike Kozlowski $14,557, Jeff Swick $14,136, Branson Bruce $14,557, Jim Vogel $14,136.

Filing and Contact Details

Filer

Filer Name
Thumb Electric Cooperative
EIN
38-1101255
Phone
9896588571
Address
2231 Main Street, Ubly, MI 48475

Signing Officer

Name
Jim Philp
Title
Office Mgr.
Phone
9896588571
Signed
2015-07-23

Organization Details

Principal Officer
Dallas Braun
Formed
1937
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
33
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 4

Explanation: The Cooperative has interpreted the instructions to this line and section to mean patronage capital allocated for the year, rather than patronage capital retired. This is consistent with the Cooperative Bylaws

Form 990, Part IX, Line 5

Explanation: Because line 5 captures only the current year expense of the defined benefit plan of the cooperative, the compensation in Part IX, line 5 is less than that reported in Part VII.

Form 990, Part IX, Line 24E

Explanation: Other Expenses, the salaries, pension and payroll taxes reported on lines 5 - 10 are already included in distribution expense, administrative & general expense and customer expense. Therefore, these amounts are being subtracted out as an other deduction on line 24e in the amount of ($3,823,359).

Form 990, Part XI, Line 9

Explanation: Change in net asset value. Membership Issued $2,670, Other Equity Transactions $104,545, Retirement of Capital Credits ($524,768), Patronage Capital Allocated $1,522,495, Change in investment in Subsidiary $88,564. Total to Form 990, Part XI, Line 9 $1,193,506.

Financial Statement Notes

Schedule D, Part X, Line 2

Explanation: the Cooperative is exempt from federal income tax under Section 501 (c) (12) of the United States Internal Revenue Code, therefore no provision for federal income tax is recorded. However, income from unrelated business activities is subject to income tax at normal corporate rates. The Cooperative has adopted the provisions of FASB Accounting Standards Codification Topic ASC 740-10. The Cooperative had no unrecognized tax benefits as of December 31, 2014 and 2013. The Cooperative will recognize future accrued interest and penalties related to unrecognized tax benefits in income tax expense if such penalties are incurred. Under normal circumstances, the Cooperative is no longer subject to Federal and State tax examinations by tax authorities for years before 2011. The Cooperative undergoes an annual analysis of its various tax positions, assessing the likelihood of those positions being upheld upon examination with relevant tax authorities, defined by ASC 740-10.

Schedule D, Part XI, Line 2D

Change in Investment in Subsidiary $88,564

Schedule D, Part XII, Line 4B

Patronage Capital Credits Allocated During Current Year $1,522,495

Raw XML AppendixShowing 400 of 661 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/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt970556
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1042896
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1117043
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1227399
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt137043
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt148989
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1517970
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt169135
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt179967
IRS990/Form990PartVIISectionAGrp/PersonNm0Louis Wenzlaff
IRS990/Form990PartVIISectionAGrp/PersonNm1Don Wolschleger
IRS990/Form990PartVIISectionAGrp/PersonNm2Beth McDonald
IRS990/Form990PartVIISectionAGrp/PersonNm3Randy Dhyse
IRS990/Form990PartVIISectionAGrp/PersonNm4Kim Nunn
IRS990/Form990PartVIISectionAGrp/PersonNm5Karl DeSimpelare
IRS990/Form990PartVIISectionAGrp/PersonNm6Lynn Morell
IRS990/Form990PartVIISectionAGrp/PersonNm7Duane Kursinsky
IRS990/Form990PartVIISectionAGrp/PersonNm8Carl Cousins
IRS990/Form990PartVIISectionAGrp/PersonNm9Dallas Braun
IRS990/Form990PartVIISectionAGrp/PersonNm10James Philp
IRS990/Form990PartVIISectionAGrp/PersonNm11Mike Affer
IRS990/Form990PartVIISectionAGrp/PersonNm12Brandon Bruce
IRS990/Form990PartVIISectionAGrp/PersonNm13Mike Cleland
IRS990/Form990PartVIISectionAGrp/PersonNm14Mike Kozlowski
IRS990/Form990PartVIISectionAGrp/PersonNm15Jeff Swick
IRS990/Form990PartVIISectionAGrp/PersonNm16Rich Timko
IRS990/Form990PartVIISectionAGrp/PersonNm17Jim Vogel
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt04900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt33600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt44200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt52800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt62800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt72400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt83600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9162099
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1075092
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11116440
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12116258
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13132891
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14121153
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15116573
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16119357
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17119106
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt10Finance Executive
IRS990/Form990PartVIISectionAGrp/TitleTxt11Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt12Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt13Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt14Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt15Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt16Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt17Lineman
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01937
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt01905
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt04905
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt019551729
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt042512
IRS990/GrossSalesOfInventoryAmt027815
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt013
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt01494798
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0962717
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01047951
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt072582
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt072582
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt02870827
IRS990/InvestmentsProgramRelatedGrp/EOYAmt03092434
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt026139118
IRS990/LandBldgEquipBasisNetGrp/BOYAmt055408229
IRS990/LandBldgEquipBasisNetGrp/EOYAmt057327927
IRS990/LandBldgEquipCostOrOtherBssAmt083467045
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt03000
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt06304
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt019401595
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Electric Cooperative
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt022660086
IRS990/NetAssetsOrFundBalancesEOYAmt023825505
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01905
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01905
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt08631
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt08631
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt036208
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt036208
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0731847
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0104867
IRS990/OtherAssetsTotalGrp/EOYAmt0150285
IRS990/OtherChangesInNetAssetsAmt01193506
IRS990/OtherExpensesGrp/Desc0Cost of Power
IRS990/OtherExpensesGrp/Desc1Distribution
IRS990/OtherExpensesGrp/Desc2Member Service & Sales
IRS990/OtherExpensesGrp/Desc3Administrative Costs
IRS990/OtherExpensesGrp/TotalAmt09644267
IRS990/OtherExpensesGrp/TotalAmt12102474
IRS990/OtherExpensesGrp/TotalAmt21068176
IRS990/OtherExpensesGrp/TotalAmt3927516
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt02670603
IRS990/OtherSourcesGrossIncomeAmt0235697
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0219859
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0717885
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01370479
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01159408
IRS990/PrincipalOfficerNm0Dallas Braun
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2211110
IRS990/ProgramServiceRevenueGrp/Desc0Sale of Electricity
IRS990/ProgramServiceRevenueGrp/Desc1Other Sales
IRS990/ProgramServiceRevenueGrp/Desc2Capital Credits
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt019141780
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1135578

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$209$172$37.7$34.6$35.1$0.53
2023Detailed filing. Detailed filing data is available for this year.$169$134$35.2$31.3$30.7$0.52
2022Detailed filing. Detailed filing data is available for this year.$143$111$32.0$28.2$27.0$1.17
2021Detailed filing. Detailed filing data is available for this year.$121$91.9$29.4$24.3$24.6$0.33
2020Detailed filing. Detailed filing data is available for this year.$86.6$59.4$27.3$23.0$23.0$0.05
2019Detailed filing. Detailed filing data is available for this year.$82.1$55.8$26.3$22.2$22.3$0.05
2018Detailed filing. Detailed filing data is available for this year.$78.2$52.7$25.6$22.4$22.4$0.03
2017Detailed filing. Detailed filing data is available for this year.$75.9$51.2$24.7$21.1$21.1$0.03
2016Detailed filing. Detailed filing data is available for this year.$72.0$47.8$24.2$20.4$20.4$0.01
2015Detailed filing. Detailed filing data is available for this year.$69.8$46.2$23.6$19.7$19.8$0.03
2014Detailed filing. Detailed filing data is available for this year.$66.9$43.1$23.8$19.5$19.6$0.03
2013Detailed filing. Detailed filing data is available for this year.$67.0$44.4$22.7$18.9$18.9$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.8$40.2$22.6$18.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.0$38.6$21.4$17.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.4$39.2$20.2$17.0