Civic Intelligence

Thumb Electric Cooperative of Michigan Inc

990 • Fiscal year 2015 • EIN 38-1101255

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 21, 2016

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

82nd percentile

0.66x

Higher debt load relative to assets than 82% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

87th percentile

2.34x

Higher debt load relative to revenue than 87% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Net Margin

9th percentile

-0.1%

Higher net margin than 9% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

64th percentile

$240,662

Higher top officer pay than 64% of similar nonprofits.

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

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Asset Growth

64th percentile

4.2%

Faster asset growth than 64% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

73rd percentile

1.1%

Faster revenue growth than 73% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Assets

Up

$69,750,154

Up $2,808,164 (+4.2%) from 2014

Net Assets

Down

$23,568,846

Down $256,659 (-1.1%) from 2014

Liabilities

Up

$46,181,308

Up $3,064,823 (+7.1%) from 2014

Revenue

Up

$19,746,567

Up $223,326 (+1.1%) from 2014

Expenses

Up

$19,772,114

Up $220,786 (+1.1%) from 2014

Net Income

Up

-$25,547

Up $2,540 (+9.0%) from 2014

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

2015

Assets$69,750,154
Liabilities$46,181,308
Net Assets$23,568,846

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

2015

Revenue$19,746,567
Expenses$19,772,114
Net Income-$25,547
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 21, 2016
Return Version
2015v2.1
Gross Receipts
$19,774,995
Mission and Program Overview

Mission

Electric Cooperative. Added Fiber Division 1/21.

Electric Cooperative

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$57,327,927$61,038,577▲ $3,710,650
Rtn Earn Endowment Incm Other Fnds$23,655,825$23,396,451▼ $259,374
Investments Program Related$3,092,434$3,302,693▲ $210,259
Accounts Receivable$3,159,193$2,706,233▼ $452,960
Inventories for Sale or Use$1,047,951$974,095▼ $73,856
Prepaid Expenses and Deferred Charges$1,159,408$972,829▼ $186,579
Savings and Temporary Cash Investments$1,004,792$637,160▼ $367,632
Cap Stk Tr Prin Current Funds$169,680$172,395▲ $2,715
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$66,941,990$69,750,154▲ $2,808,164
Other Assets Total$150,285$118,567▼ $31,718
Liabilities
Unsecured Notes Loans Payable$38,405,964$40,853,439▲ $2,447,475
Accounts Payable and Accrued Expenses$4,586,811$5,194,455▲ $607,644
Deferred Revenue$123,710$133,414▲ $9,704
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$43,116,485$46,181,308▲ $3,064,823
Net Assets / Fund Balance
Total Net Assets Fund Balance$23,825,505$23,568,846▼ $256,659
Total Liabilities and Net Assets / Fund Balance$66,941,990$69,750,154▲ $2,808,164

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$57,979,587$25,899,008$83,878,595
Buildings$1,350,050$887,420$2,237,470
Other Land Buildings$902,290$0$902,290
Land$806,650-$806,650
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dallas BraunGeneral ManagerFT$160,044$83,669$243,713
Mike ClelandLinemanFT$129,898$6,457$136,355
Ray KwiatkowskiLinemanFT$112,058$18,516$130,574
Paul VossLinemanFT$106,734$23,824$130,558
Mike KozlowskiLinemanFT$117,959$9,311$127,270
Ray EskauLinemanFT$121,275$4,739$126,014
Brandon BruceLinemanFT$116,061$9,616$125,677
Jim VogelLinemanFT$109,365$10,608$119,973
Mike WeberLinemanFT$111,365$7,617$118,982
James PhilpFinance ExecutiveFT$69,440$48,819$118,259
Beth McDonaldSecretary-$6,250-$6,250
Don WolschlegerVice President-$5,550-$5,550
Louis WenzlaffPresident-$5,450-$5,450
Kim NunnDirector-$5,300-$5,300
John FindlayDirector-$4,950-$4,950
Mike BriolatDirector-$4,550-$4,550
Randy DhyseTreasurer-$4,350-$4,350
Carl CousinsDirector-$4,100-$4,100
Duane KursinskyDirector-$3,300-$3,300

Highest Paid Contractors

ContractorServicesLocationCompensation
Kappen Tree ServiceTree Trimming2675 Hurds Corner Road, Suite 301, Cass City, MI 48726$1,818,663
SpeLine Construction Contractor4400 Dove Road, Port Huron, MI 48060$1,321,353
RescoLine Construction MaterialsPO Box 44430, Madison, WI 53744-4430$921,790
ProLine ClearanceTree Trimming3895 24th Avenue, Fort Gratiot, MI 48059$582,529
Family Medical Care PlanHealth Insurance Provider410 Chickamauga Avenue, Rossville, GA 30741$330,615
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$19,660,223
Investment Income
$47,280
Other Revenue
$39,064
Change in Net Assets
$-25,547

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,746,567
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$85,541
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$19,832,108
Total Revenue per Form 990
$19,746,567
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,322,651
Salaries, Compensation, and Employee Benefits$3,901,408
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,609,333
Depreciation Depletion---$2,085,880
Interest---$1,508,036
Occupancy---$754,690
Pension Plan Contributions---$736,065
Benefits to Members---$548,055
Current Officers, Directors, Trustees, and Key Employees---$337,956
Payroll Taxes---$218,054
Other Expenses---$-3,901,408
Total Functional Expenses$0$0$0$19,772,114

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$19,772,114
Expenses per Audited Statements$19,224,059
Total Expenses per Audited Statements$19,224,059
Expenses Not Reported on Financial Statements$548,055
Other Expense Adjustments$548,055
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
Yes
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

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

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

The Board of Directors is elected by the members.

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

Members vote on items affecting the bylaws of the Cooperative.

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

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

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

The Form 990 is reviewed and approved by the General Manager and Office Services Manager. The Form is then provided to the Board before it is filed with the IRS.

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

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

The Board annually reviews and approves the compensation for the General Manager and Office Services Manager in conjunction with NRECA compensation study. The Board review and approval is substantiated in the Board minutes.

Form 990, Part VI, Section C, Line 19

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

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 $37,849, James Philp $19,547, Mike Cleland $14,862, Mike Kozlowski $15,291, Brandon Bruce $15,291, Jim Vogel $14,862, Rob Eskau $14,862, Mike Weber $14,862, Paul Voss $14,862, Ray Kwiatkowski $14,862.

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
2016-07-21

Organization Details

Principal Officer
Jim Philp
Formed
1937
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
34
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 4

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

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

Other expenses, the salaries, pension and payroll taxes reported on lines 5 - 10 are already included in distribution expense, administrative & general and consumer expense. Therefore, these amounts are being subtracted out as an other deduction on line 24e in the amount of ($3,901,108).

Form 990, Part XI, Line 9

Change is net asset value. Memberships issued $2,715, Other Equity Transactions $109,581, Retirement of Capital Credits ($977,004), Patronage Capital Allocated $548,055, Change in investment of subsidiary $85,541. Total amount on Part XI, Line 9 is $231,112.

Financial Statement Notes

Schedule D, Part X, Line 2

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 Codification Topic ASC 740-10. The Cooperative had no unrecognized tax benefits as of December 31, 2015 and 2014. The Cooperative will recognize future accrued interest and penalties related to unrecognized tax benefits in income tax expense if such penalties and interest are incurred. Under normal circumstances, the Cooperative is no longer subject to Federal and State tax examinations by tax authorities for the years before 2010.

Schedule D, Part XI, Line 2D

Change in Investment in Subsidiary, $85,541

Schedule D, Part XII, Line 4B

Patronage Capital Credits allocated during current year $548,055

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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/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd5X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd6X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
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/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
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/OtherCompensationAmt978839
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1048819
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt119616
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt126457
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt139311
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1410608
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt154739
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt167617
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1723824
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1818516
IRS990/Form990PartVIISectionAGrp/PersonNm0Louis Wenzlaff
IRS990/Form990PartVIISectionAGrp/PersonNm1Don Wolschleger
IRS990/Form990PartVIISectionAGrp/PersonNm2Beth McDonald
IRS990/Form990PartVIISectionAGrp/PersonNm3Randy Dhyse
IRS990/Form990PartVIISectionAGrp/PersonNm4Kim Nunn
IRS990/Form990PartVIISectionAGrp/PersonNm5Duane Kursinsky
IRS990/Form990PartVIISectionAGrp/PersonNm6Carl Cousins
IRS990/Form990PartVIISectionAGrp/PersonNm7John Findlay
IRS990/Form990PartVIISectionAGrp/PersonNm8Mike Briolat
IRS990/Form990PartVIISectionAGrp/PersonNm9Dallas Braun
IRS990/Form990PartVIISectionAGrp/PersonNm10James Philp
IRS990/Form990PartVIISectionAGrp/PersonNm11Brandon Bruce
IRS990/Form990PartVIISectionAGrp/PersonNm12Mike Cleland
IRS990/Form990PartVIISectionAGrp/PersonNm13Mike Kozlowski
IRS990/Form990PartVIISectionAGrp/PersonNm14Jim Vogel
IRS990/Form990PartVIISectionAGrp/PersonNm15Ray Eskau
IRS990/Form990PartVIISectionAGrp/PersonNm16Mike Weber
IRS990/Form990PartVIISectionAGrp/PersonNm17Paul Voss
IRS990/Form990PartVIISectionAGrp/PersonNm18Ray Kwiatkowski
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt05450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15550
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt34350
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt45300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt53300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt64100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt74950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt84550
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9161823
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1069440
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11116061
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12129898
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13117959
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14109365
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15121275
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16111365
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17106734
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18112058
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
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/ReportableCompFromRltdOrgAmt180
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/Form990PartVIISectionAGrp/TitleTxt18Lineman
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01937
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt02703
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/OtherAmt08803
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt019774995
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt040791
IRS990/GrossSalesOfInventoryAmt020601
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt010
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt01508036
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01047951
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0974095
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt044577
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt044577
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt03092434
IRS990/InvestmentsProgramRelatedGrp/EOYAmt03302693
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt026786428
IRS990/LandBldgEquipBasisNetGrp/BOYAmt057327927
IRS990/LandBldgEquipBasisNetGrp/EOYAmt061038577
IRS990/LandBldgEquipCostOrOtherBssAmt087825005
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt06100
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt06569
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt019665693
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0Electric Cooperative
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt023825505
IRS990/NetAssetsOrFundBalancesEOYAmt023568846
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02703
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02703
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/RelatedOrExemptFuncIncomeAmt04842
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt04842
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt034222
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt034222
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0754690
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0150285
IRS990/OtherAssetsTotalGrp/EOYAmt0118567
IRS990/OtherChangesInNetAssetsAmt0-231112
IRS990/OtherExpensesGrp/Desc0Cost of Power
IRS990/OtherExpensesGrp/Desc1Distribution Expense
IRS990/OtherExpensesGrp/Desc2Member Service & Administrative Exp
IRS990/OtherExpensesGrp/Desc3All other expenses
IRS990/OtherExpensesGrp/TotalAmt09600221
IRS990/OtherExpensesGrp/TotalAmt13288597
IRS990/OtherExpensesGrp/TotalAmt21986635
IRS990/OtherExpensesGrp/TotalAmt3-3901408
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt02609333
IRS990/OtherSourcesGrossIncomeAmt0188742
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0218054
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0736065

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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