Civic Intelligence

Cooperative Light and Power Association of Lake County

990 • Fiscal year 2013 • EIN 41-0203975

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 30, 2015

Organization ProfileWWW.CLPOWER.COM
PO Box 69Two Harbors, MN 55616

(218) 834-2226

Siviq Scores

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

Liabilities / Assets

39th percentile

0.49x

Higher debt load relative to assets than 39% of similar nonprofits.

2013 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

31st percentile

1.15x

Higher debt load relative to revenue than 31% of similar nonprofits.

2013 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2013

Net Margin

56th percentile

3.8%

Higher net margin than 56% of similar nonprofits.

2013 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

71st percentile

$212,158

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2013 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2013

Asset Growth

43rd percentile

4.4%

Faster asset growth than 43% of similar nonprofits.

2013 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

58th percentile

5.0%

Faster revenue growth than 58% of similar nonprofits.

2013 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2011 to 2013

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$28,196,519

Up $1,195,821 (+4.4%) from 2012

Net Assets

Up

$14,307,513

Up $510,298 (+3.7%) from 2012

Liabilities

Up

$13,889,006

Up $685,523 (+5.2%) from 2012

Revenue And Expenses
Liabilities / Revenue31st percentileNet Margin56th percentile

Revenue

$12,097,541

No earlier filing loaded for comparison.

Expenses

Up

$11,636,450

Up $812,127 (+7.5%) from 2012

Net Income

$461,091

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$40M$30M$20M$10M$0Assets 2011: $25,507,142Liabilities 2011: $12,445,682Net Assets 2011: $13,061,4602011Assets 2012: $27,000,698Liabilities 2012: $13,203,483Net Assets 2012: $13,797,2152012Assets 2013: $28,196,519Liabilities 2013: $13,889,006Net Assets 2013: $14,307,5132013Assets 2014: $29,889,794Liabilities 2014: $15,188,788Net Assets 2014: $14,701,0062014Assets 2015: $29,780,252Liabilities 2015: $15,077,530Net Assets 2015: $14,702,7222015Assets 2016: $30,692,905Liabilities 2016: $16,022,052Net Assets 2016: $14,670,8532016Assets 2017: $31,326,966Liabilities 2017: $16,446,225Net Assets 2017: $14,880,7412017Assets 2018: $31,191,674Liabilities 2018: $16,003,906Net Assets 2018: $15,187,7682018Assets 2019: $30,855,710Liabilities 2019: $15,512,154Net Assets 2019: $15,343,5562019Assets 2020: $31,493,472Liabilities 2020: $15,890,369Net Assets 2020: $15,603,1032020Assets 2021: $32,161,097Liabilities 2021: $16,976,895Net Assets 2021: $15,184,2022021Assets 2022: $32,952,450Liabilities 2022: $17,531,148Net Assets 2022: $15,421,3022022Assets 2023: $34,755,470Liabilities 2023: $18,941,150Net Assets 2023: $15,814,3202023Assets 2024: $36,554,621Liabilities 2024: $20,763,972Net Assets 2024: $15,790,6492024

Highlighted filing

2013

Assets$28,196,519
Liabilities$13,889,006
Net Assets$14,307,513
Open 2013 Filing

Operations Trend

Revenue Growth58th percentile

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $10,978,732Expenses 2011: $10,074,109Net Income 2011: $904,6232011Expenses 2012: $10,824,3232012Revenue 2013: $12,097,541Expenses 2013: $11,636,450Net Income 2013: $461,0912013Revenue 2014: $12,975,062Expenses 2014: $12,600,407Net Income 2014: $374,6552014Revenue 2015: $12,131,768Expenses 2015: $12,163,063Net Income 2015: -$31,2952015Revenue 2016: $12,623,950Expenses 2016: $12,720,929Net Income 2016: -$96,9792016Revenue 2017: $13,201,902Expenses 2017: $13,024,749Net Income 2017: $177,1532017Revenue 2018: $13,507,898Expenses 2018: $13,221,933Net Income 2018: $285,9652018Revenue 2019: $13,524,405Expenses 2019: $13,393,618Net Income 2019: $130,7872019Revenue 2020: $13,706,449Expenses 2020: $13,478,190Net Income 2020: $228,2592020Revenue 2021: $13,814,099Expenses 2021: $14,265,949Net Income 2021: -$451,8502021Revenue 2022: $14,384,512Expenses 2022: $14,180,360Net Income 2022: $204,1522022Revenue 2023: $14,718,706Expenses 2023: $14,344,542Net Income 2023: $374,1642023Revenue 2024: $15,266,668Expenses 2024: $15,300,746Net Income 2024: -$34,0782024

Highlighted filing

2013

Revenue$12,097,541
Expenses$11,636,450
Net Income$461,091
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 30, 2015
Return Version
2013v4.0
Gross Receipts
$12,228,094
Mission and Program Overview

Mission

Electric energy distribution

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,556,925$18,154,754▲ $597,829
Rtn Earn Endowment Incm Other Fnds$13,797,215$14,307,513▲ $510,298
Investments Other Securities$5,596,276$5,706,552▲ $110,276
Accounts Receivable$1,861,546$1,505,604▼ $355,942
Prepaid Expenses and Deferred Charges$237,692$1,201,915▲ $964,223
Savings and Temporary Cash Investments$771,323$1,116,766▲ $345,443
Inventories for Sale or Use$355,975$353,150▼ $2,825
Cash and Non-Interest-Bearing Accounts$323,806$70,122▼ $253,684
Total Assets$27,000,698$28,196,519▲ $1,195,821
Other Assets Total$297,155$87,656▼ $209,499
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,830,025$11,044,154▲ $214,129
Accounts Payable and Accrued Expenses$2,274,224$2,741,345▲ $467,121
Deferred Revenue$61,414$70,057▲ $8,643
Other Liabilities$37,820$33,450▼ $4,370
Total Liabilities$13,203,483$13,889,006▲ $685,523
Net Assets / Fund Balance
Total Net Assets Fund Balance$13,797,215$14,307,513▲ $510,298
Total Liabilities and Net Assets / Fund Balance$27,000,698$28,196,519▲ $1,195,821

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,318,515$12,090,607$28,409,122
Buildings$1,455,211$640,028$2,095,239
Land$381,028-$381,028
Other Securities$37--
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve WattnemGeneral ManaFT$145,126$67,032$212,158
Steve WattnemGeneral Manager-$145,126$67,032$212,158
Richard ScovilleGeneral Fore-$106,676$38,139$144,815
Spring DetlefsenOffice ManagFT$67,105$43,388$110,493
Peggy KuettelSecretaryPT$5,850-$5,850
Robert NikolaiPresidentPT$5,450-$5,450
James AndersonVice PresidePT$4,850-$4,850
Stanley NelsonTreasurerPT$3,850-$3,850
Robert StrandDirectorPT$2,750-$2,750
Donavan WarnerDirectorPT$2,000-$2,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,283,544
Investment Income
$110,080
Other Revenue
$697,341
Change in Net Assets
$461,091

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,090,965
Total Revenue per Audited Statements
$12,090,965
Total Revenue per Form 990
$12,090,965
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,838,164
Salaries, Compensation, and Employee Benefits$347,401
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$776,912
All Other Expenses---$479,924
Interest---$463,807
Benefits to Members---$444,309
Other Expenses---$373,673
Current Officers, Directors, Trustees, and Key Employees---$347,401
Total Functional Expenses$0$0$0$11,629,874

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$11,629,874
Expenses per Audited Statements$11,183,250
Total Expenses per Audited Statements$11,183,250
Expenses Not Reported on Financial Statements$446,624
Other Expense Adjustments$446,624
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$33,450
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The organization only has one class of members.”

Form 990, Page 6, Part VI, Line 7A

“Members elect new board of directors annually based on expiring terms or open position. Votes are done by regional area ensuring that there is a director representing each area of the cooperatives service area.”

Form 990, Page 6, Part VI, Line 7B

“Certain significant decisions as outlined in the organization's bylaws are subject to member approval. All members have equal rights and are allowed one vote.”

Form 990, Page 6, Part VI, Line 11B

“Prior to filing the form 990 is reviewed and approved by the general manager and the office manager. The board reviews and approves the form at the following board meeting.”

Form 990, Page 6, Part VI, Line 12C

“Board members review and sign off on a conflict of interest policy annually. Conflicts are to be evaluated as they arise.”

Form 990, Page 6, Part VI, Line 15A

“Compensation adjustment is aided by survey results of other electrical co-ops in the state and region. Reviewed and approved by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“Available at the cooperatives two harbors office upon request during normal business hours.”

Filing and Contact Details

Filer

EIN
41-0203975
Phone
2188342226

Signing Officer

Name
Steven Wattnem
Title
General Manager
Phone
2188342226
Signed
2015-07-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Wattnem
Formed
1936
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
23

Preparer

Preparer
Michael a Pederson
Phone
2187276846
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

“To amend return to include highly compensated employees erroneously not reported in original filing.”

Form 990, Part XI

“Gain on retirement of capital credits 49,207 change in memberships 180”

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 4B

“Book/tax difference: retirement of capital credits 444,309 book / tax depreciation difference 2,315”

Raw XML AppendixShowing 400 of 460 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/OtherSourcesGrossIncomeAmt0509986
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0237692
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01201915
IRS990/PrincipalOfficerNm0STEVE WATTNEM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011283544
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011283544
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0404483
IRS990/PYInvestmentIncomeAmt0102518
IRS990/PYOtherExpensesAmt010076620
IRS990/PYOtherRevenueAmt0618446
IRS990/PYProgramServiceRevenueAmt010780837
IRS990/PYRevenuesLessExpensesAmt0672203
IRS990/PYSalariesCompEmpBnftPaidAmt0348495
IRS990/PYTotalExpensesAmt010829598
IRS990/PYTotalRevenueAmt011501801
IRS990/ReconcilationRevenueExpnssAmt0461091
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt04775
IRS990/RentalIncomeOrLossGrp/RealAmt08806
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt013797215
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt014307513
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0771323
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01116766
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01455211
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0640028
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02095239
IRS990ScheduleD/EquipmentGrp/BookValueAmt016318515
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012090607
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt028409122
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0446624
IRS990ScheduleD/ExpensesSubtotalAmt011183250
IRS990ScheduleD/LandGrp/BookValueAmt0381028
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0381028
IRS990ScheduleD/OtherExpensesNotIncludedAmt0446624
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt033450
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt04463361
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1663471
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2394562
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3118249
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt460822
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt53172
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt61397
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7834
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt8647
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt937
IRS990ScheduleD/OtherSecuritiesGrp/Desc0GREAT RIVER ENERGY
IRS990ScheduleD/OtherSecuritiesGrp/Desc1NATIONAL RURAL UTILITIES COOPERATIVE
IRS990ScheduleD/OtherSecuritiesGrp/Desc2NATIONAL RURAL TELECOMMUNICATIONS
IRS990ScheduleD/OtherSecuritiesGrp/Desc3RURAL ELECTIC SUPPLY COOPERATIVE
IRS990ScheduleD/OtherSecuritiesGrp/Desc4FEDERATED RURAL ELECTRIC INSURANCE
IRS990ScheduleD/OtherSecuritiesGrp/Desc5COOPERATIVE RESPONSE CENTER
IRS990ScheduleD/OtherSecuritiesGrp/Desc6CO-BANK
IRS990ScheduleD/OtherSecuritiesGrp/Desc7MINNESOTA RURAL ELECTRIC TRUST
IRS990ScheduleD/OtherSecuritiesGrp/Desc8TRICO COOPERATIVE OIL ASSOCIATION
IRS990ScheduleD/OtherSecuritiesGrp/Desc9TOUCHSTONE ENERGY
IRS990ScheduleD/OtherSecuritiesGrp/Desc10RUS CUSHION OF CREDIT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd8F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd9F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd10F
IRS990ScheduleD/RevenueSubtotalAmt012090965
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK/TAX DIFFERENCE: RETIREMENT OF CAPITAL CREDITS 444,309 BOOK / TAX DEPRECIATION DIFFERENCE 2,315
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018154754
IRS990ScheduleD/TotalBookValueSecuritiesAmt05706552
IRS990ScheduleD/TotalExpensesPerForm990Amt011629874
IRS990ScheduleD/TotalLiabilityAmt033450
IRS990ScheduleD/TotalRevenuePerForm990Amt012090965
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012090965
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011183250
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0145126
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt045071
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt021961
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0STEVE WATTNEM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0212158
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO AMEND RETURN TO INCLUDE HIGHLY COMPENSATED EMPLOYEES ERRONEOUSLY NOT REPORTED IN ORIGINAL FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION ONLY HAS ONE CLASS OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ELECT NEW BOARD OF DIRECTORS ANNUALLY BASED ON EXPIRING TERMS OR OPEN POSITION. VOTES ARE DONE BY REGIONAL AREA ENSURING THAT THERE IS A DIRECTOR REPRESENTING EACH AREA OF THE COOPERATIVES SERVICE AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CERTAIN SIGNIFICANT DECISIONS AS OUTLINED IN THE ORGANIZATION'S BYLAWS ARE SUBJECT TO MEMBER APPROVAL. ALL MEMBERS HAVE EQUAL RIGHTS AND ARE ALLOWED ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRIOR TO FILING THE FORM 990 IS REVIEWED AND APPROVED BY THE GENERAL MANAGER AND THE OFFICE MANAGER. THE BOARD REVIEWS AND APPROVES THE FORM AT THE FOLLOWING BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD MEMBERS REVIEW AND SIGN OFF ON A CONFLICT OF INTEREST POLICY ANNUALLY. CONFLICTS ARE TO BE EVALUATED AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION ADJUSTMENT IS AIDED BY SURVEY RESULTS OF OTHER ELECTRICAL CO-OPS IN THE STATE AND REGION. REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AVAILABLE AT THE COOPERATIVES TWO HARBORS OFFICE UPON REQUEST DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8GAIN ON RETIREMENT OF CAPITAL CREDITS 49,207 CHANGE IN MEMBERSHIPS 180
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, ITEM B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine10COOPERATIV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine20LIGHT & POWER ASSOCIATION OF LAKE C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10COOPERATIVE LIGHT AND POWER OF LAKE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine20COUNTY COMMUNITY TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0201396328
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt03
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0DONATIONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine101554 HIGHWAY 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine20PO BOX 69
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0TWO HARBORS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode055616
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt027000698
IRS990/TotalAssetsEOYAmt028196519
IRS990/TotalAssetsGrp/BOYAmt027000698
IRS990/TotalAssetsGrp/EOYAmt028196519
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt023

Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,196,519
Liabilities
$13,889,006
Net assets
$14,307,513
Revenue
$12,097,541
Expenses
$11,636,450
Net income
$461,091
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$36.6$20.8$15.8$15.3$15.3$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.8$18.9$15.8$14.7$14.3$0.37
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.0$17.5$15.4$14.4$14.2$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.2$17.0$15.2$13.8$14.3$0.45
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$31.5$15.9$15.6$13.7$13.5$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.9$15.5$15.3$13.5$13.4$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.2$16.0$15.2$13.5$13.2$0.29
2017Detailed filing. Detailed filing data is available for this year.$31.3$16.4$14.9$13.2$13.0$0.18
2016Detailed filing. Detailed filing data is available for this year.$30.7$16.0$14.7$12.6$12.7$0.10
2015Detailed filing. Detailed filing data is available for this year.$29.8$15.1$14.7$12.1$12.2$0.03
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$29.9$15.2$14.7$13.0$12.6$0.37
2013Detailed filing. Detailed filing data is available for this year.$28.2$13.9$14.3$12.1$11.6$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.0$13.2$13.8$10.8
2011Summary only. Only limited summary data is available for this year.$25.5$12.4$13.1$11.0$10.1$0.90