Civic Intelligence

Thumb Electric Cooperative of Michigan Inc

990 • Fiscal year 2018 • EIN 38-1101255

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 28, 2019

Organization Profilewww.tecmi.coop
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

90th percentile

0.67x

Higher debt load relative to assets than 90% of similar nonprofits.

2018 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

2.35x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2018

Net Margin

10th percentile

-0.1%

Higher net margin than 10% of similar nonprofits.

2018 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

79th percentile

$323,917

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2018 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2018

Asset Growth

52nd percentile

3.1%

Faster asset growth than 52% of similar nonprofits.

2018 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

59th percentile

6.3%

Faster revenue growth than 59% of similar nonprofits.

2018 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$78,243,208

Up $2,326,061 (+3.1%) from 2017

Net Assets

Up

$25,593,079

Up $907,719 (+3.7%) from 2017

Liabilities

Up

$52,650,129

Up $1,418,342 (+2.8%) from 2017

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin10th percentile

Revenue

Up

$22,377,923

Up $1,316,382 (+6.3%) from 2017

Expenses

Up

$22,407,026

Up $1,318,688 (+6.3%) from 2017

Net Income

Down

-$29,103

Down $2,306 (-8.6%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

2018

Assets$78,243,208
Liabilities$52,650,129
Net Assets$25,593,079
Open 2018 Filing

Operations Trend

Revenue Growth59th percentile

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

2018

Revenue$22,377,923
Expenses$22,407,026
Net Income-$29,103
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 28, 2019
Return Version
2018v3.0
Gross Receipts
$22,400,444
Mission and Program Overview

Mission

Electric Cooperative. Added Fiber Division 1/21.

Electric Cooperative

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$66,785,142$69,229,564▲ $2,444,422
Rtn Earn Endowment Incm Other Fnds$24,507,589$25,412,774▲ $905,185
Investments Program Related$3,521,535$3,650,352▲ $128,817
Accounts Receivable$3,372,903$3,233,107▼ $139,796
Inventories for Sale or Use$953,542$1,021,221▲ $67,679
Savings and Temporary Cash Investments$621,002$671,520▲ $50,518
Prepaid Expenses and Deferred Charges$552,821$337,116▼ $215,705
Cap Stk Tr Prin Current Funds$177,771$180,305▲ $2,534
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Loans From Officers Directors$0--
Total Assets$75,917,147$78,243,208▲ $2,326,061
Other Assets Total$110,202$100,328▼ $9,874
Liabilities
Mortgage Notes Payable Secured by Investment Property$45,706,532$46,521,966▲ $815,434
Accounts Payable and Accrued Expenses$5,412,003$5,850,480▲ $438,477
Deferred Revenue$113,252$277,683▲ $164,431
Grants Payable$0--
Unsecured Notes Loans Payable$0--
Other Liabilities$0$0→ $0
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$51,231,787$52,650,129▲ $1,418,342
Net Assets / Fund Balance
Total Net Assets Fund Balance$24,685,360$25,593,079▲ $907,719
Total Liabilities and Net Assets / Fund Balance$75,917,147$78,243,208▲ $2,326,061

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$62,966,116$29,728,685$92,694,801
Other Land Buildings$4,096,702$0$4,096,702
Buildings$1,246,561$1,032,279$2,278,840
Land$920,185-$920,185
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dallas BraunGeneral ManagerFT$199,035$123,806$322,841
Jeff SwickLinemanFT$144,154$28,497$172,651
Brandon BruceLinemanFT$145,753$15,511$161,264
Mike KozlowskiLinemanFT$144,709$13,462$158,171
Mike ClelandLinemanFT$147,992$8,337$156,329
Jim VogelLinemanFT$141,623$13,113$154,736
Deborah PeruskiFinance ExecutiveFT$87,829$30,750$118,579
A James PhilpFinance ExecutiveFT$79,717-$79,717
Kim NunnVice President-$8,025-$8,025
Randall DhyseTreasurer-$6,600-$6,600
Jonathan FindlayDirector-$6,200-$6,200
Mike BriolatDirector-$5,400-$5,400
Donald WolschlegerDirector-$5,150-$5,150
Beth McDonaldSecretary-$4,600-$4,600
Louis WenzlaffPresident-$4,425-$4,425
Carl CousinsDirector-$3,900-$3,900
Duane KursinskyDirector-$3,900-$3,900

Highest Paid Contractors

ContractorServicesLocationCompensation
Kappen Tree ServiceTree Trimming2675 Hurds Corner Road, Cass City, MI 48726$1,973,670
Overhead LinesLine Construction ContractorPO Box 907, Belleville, MI 48112$1,267,303
RescoLine Construction MaterialsPO Box 44430, Madison, WI 53744-4430$981,481
FmcpHealth InsuranceDept AT 40305, Atlanta, GA 31192$400,598
Federated Rural InsuranceInsurancePO Box 210663, Kansas City, MO 64121$207,533
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$22,215,023
Investment Income
$76,062
Other Revenue
$86,838
Change in Net Assets
$-29,103

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,377,923
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$122,789
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$22,500,712
Total Revenue per Form 990
$22,377,923
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,643,746
Salaries, Compensation, and Employee Benefits$4,285,678
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons---$2,767,992
Depreciation Depletion---$2,609,102
Interest---$1,520,227
Benefits to Members---$1,477,602
Other Expenses---$1,056,475
Occupancy---$875,816
Pension Plan Contributions---$763,610
Current Officers, Directors, Trustees, and Key Employees---$517,365
Payroll Taxes---$236,711
All Other Expenses---$-4,285,679
Total Functional Expenses$0$0$0$22,407,026

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$22,407,026
Expenses per Audited Statements$20,929,424
Total Expenses per Audited Statements$20,929,424
Expenses Not Reported on Financial Statements$1,477,602
Other Expense Adjustments$1,477,602
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$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

“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 990 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 that individual 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 the 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 $51,349, A. James Philp $7,832, Deborah Peruski $15,460, Mike Cleland $18,247, Brandon Bruce $19,553, Mike Kozlowski $18,713, Jeff Swick $18,247, and Jim Vogel $18,247. A. James Philp had no actuarial change due to retiring and taking a lump sum distribution.”

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
Deborah Peruski
Title
Office Services Manager
Phone
9896588571
Signed
2019-10-28

Organization Details

Principal Officer
Deborah Peruski
Formed
1937
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
35
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 pension plan of the Cooperative, the compensation in Part IX, Line 5 is less than that reported on Part VII.”

Form 990, Part IX, Line 24E

“Other expenses, salaries, pension and payroll taxes reported on Lines 5 - 10 are already included in distribution expenses, administrative & general and consumer expenses. Therefore, these amounts are being subtracted out as an other deduction on Line 24e in the amount of ($4,285,679).”

Form 990, Part XI, Line 9

“Change in net asset value. Memberships Issued $2,535, Other Equity Transactions $105,287, Retirement of Patronage Capital ($771,391), Patronage Capital Allocation $1,477,602, Change in Investment of Subsidiary $122,789. Total amount on Part XI, Line 9 is $936,822.”

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, 2018 and 2017. 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 2015.”

Schedule D, Part XI, Line 2D

“Change in Investment in Subsidiary, $122,789.”

Schedule D, Part XII, Line 4B

“Patronage Capital Credits Allocated during current year, $1,477,602.”

Raw XML AppendixShowing 400 of 658 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/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
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/OtherCompensationAmt9105362
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1130750
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt128337
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1315511
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1413462
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1528497
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1613113
IRS990/Form990PartVIISectionAGrp/PersonNm0Louis Wenzlaff
IRS990/Form990PartVIISectionAGrp/PersonNm1Kim Nunn
IRS990/Form990PartVIISectionAGrp/PersonNm2Beth McDonald
IRS990/Form990PartVIISectionAGrp/PersonNm3Randall Dhyse
IRS990/Form990PartVIISectionAGrp/PersonNm4Donald Wolschleger
IRS990/Form990PartVIISectionAGrp/PersonNm5Duane Kursinsky
IRS990/Form990PartVIISectionAGrp/PersonNm6Carl Cousins
IRS990/Form990PartVIISectionAGrp/PersonNm7Jonathan Findlay
IRS990/Form990PartVIISectionAGrp/PersonNm8Mike Briolat
IRS990/Form990PartVIISectionAGrp/PersonNm9Dallas Braun
IRS990/Form990PartVIISectionAGrp/PersonNm10A James Philp
IRS990/Form990PartVIISectionAGrp/PersonNm11Deborah Peruski
IRS990/Form990PartVIISectionAGrp/PersonNm12Mike Cleland
IRS990/Form990PartVIISectionAGrp/PersonNm13Brandon Bruce
IRS990/Form990PartVIISectionAGrp/PersonNm14Mike Kozlowski
IRS990/Form990PartVIISectionAGrp/PersonNm15Jeff Swick
IRS990/Form990PartVIISectionAGrp/PersonNm16Jim Vogel
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt04425
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18025
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt36600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt45150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt53900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt63900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt76200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt85400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9218555
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1079717
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1187829
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12147992
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13145753
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14144709
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15144154
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16141623
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/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/TitleTxt11Finance Executive
IRS990/Form990PartVIISectionAGrp/TitleTxt12Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt13Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt14Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt15Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt16Lineman
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01937
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt01470
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt06470
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt022400444
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt086839
IRS990/GrossSalesOfInventoryAmt017520
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt012
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt01520227
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0953542
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01021221
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt074592
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt074592
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt03521535
IRS990/InvestmentsProgramRelatedGrp/EOYAmt03650352
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt030760964
IRS990/LandBldgEquipBasisNetGrp/BOYAmt066785142
IRS990/LandBldgEquipBasisNetGrp/EOYAmt069229564
IRS990/LandBldgEquipCostOrOtherBssAmt099990528
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt05000
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt07816
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt022259386
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Electric Cooperative
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt045706532
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt046521966
IRS990/NetAssetsOrFundBalancesBOYAmt024685360
IRS990/NetAssetsOrFundBalancesEOYAmt025593079
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01470
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01470
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt07815
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt07815
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt079023
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt079023
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0875816
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0110202
IRS990/OtherAssetsTotalGrp/EOYAmt0100328
IRS990/OtherChangesInNetAssetsAmt0936822
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Cost of Power
IRS990/OtherExpensesGrp/Desc1Distribution
IRS990/OtherExpensesGrp/Desc2Member Service
IRS990/OtherExpensesGrp/Desc3Administrative
IRS990/OtherExpensesGrp/TotalAmt010428269
IRS990/OtherExpensesGrp/TotalAmt13312453
IRS990/OtherExpensesGrp/TotalAmt21127083
IRS990/OtherExpensesGrp/TotalAmt31056475
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherSourcesGrossIncomeAmt0258848
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0236711
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0763610
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0552821
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0337116
IRS990/PrincipalOfficerNm0Deborah Peruski
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/Desc0Sale of Electricity
IRS990/ProgramServiceRevenueGrp/Desc1Other Sales
IRS990/ProgramServiceRevenueGrp/Desc2Capital Credits
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt022060351
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt150957
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2103715
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022060351
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt150957
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2103715
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$78,243,208
Liabilities
$52,650,129
Net assets
$25,593,079
Revenue
$22,377,923
Expenses
$22,407,026
Net income
-$29,103
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