Civic Intelligence

Cooperative Light and Power Association of Lake County

990 • Fiscal year 2015 • EIN 41-0203975

Jan 01, 2015 to Dec 31, 2015 • Filed on May 25, 2016

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

44th percentile

0.51x

Higher debt load relative to assets than 44% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

35th percentile

1.24x

Higher debt load relative to revenue than 35% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2015

Net Margin

13th percentile

-0.3%

Higher net margin than 13% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

72nd percentile

$215,052

Higher top officer pay than 72% of similar nonprofits.

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

2015 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2015

Asset Growth

23rd percentile

-0.4%

Faster asset growth than 23% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

16th percentile

-6.5%

Faster revenue growth than 16% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets44th percentile

Assets

Down

$29,780,252

Down $109,542 (-0.4%) from 2014

Net Assets

Up

$14,702,722

Up $1,716 (+0.0%) from 2014

Liabilities

Down

$15,077,530

Down $111,258 (-0.7%) from 2014

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin13th percentile

Revenue

Down

$12,131,768

Down $843,294 (-6.5%) from 2014

Expenses

Down

$12,163,063

Down $437,344 (-3.5%) from 2014

Net Income

Down

-$31,295

Down $405,950 (-108%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth23rd 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

2015

Assets$29,780,252
Liabilities$15,077,530
Net Assets$14,702,722
Open 2015 Filing

Operations Trend

Revenue Growth16th 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

2015

Revenue$12,131,768
Expenses$12,163,063
Net Income-$31,295
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 25, 2016
Return Version
2015v2.1
Gross Receipts
$12,255,967
Mission and Program Overview

Mission

Electric energy distribution

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,540,899$19,868,449▲ $327,550
Rtn Earn Endowment Incm Other Fnds$14,701,006$14,702,722▲ $1,716
Investments Other Securities$6,073,838$5,904,312▼ $169,526
Accounts Receivable$1,715,798$1,400,095▼ $315,703
Savings and Temporary Cash Investments$1,101,906$1,082,768▼ $19,138
Prepaid Expenses and Deferred Charges$1,073,181$934,532▼ $138,649
Inventories for Sale or Use$321,202$291,016▼ $30,186
Cash and Non-Interest-Bearing Accounts$60,854$106,204▲ $45,350
Total Assets$29,889,794$29,780,252▼ $109,542
Other Assets Total$2,116$192,876▲ $190,760
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,058,261$12,539,860▲ $481,599
Accounts Payable and Accrued Expenses$3,005,722$2,411,111▼ $594,611
Deferred Revenue$85,025$80,396▼ $4,629
Other Liabilities$39,780$46,163▲ $6,383
Total Liabilities$15,188,788$15,077,530▼ $111,258
Net Assets / Fund Balance
Total Net Assets Fund Balance$14,701,006$14,702,722▲ $1,716
Total Liabilities and Net Assets / Fund Balance$29,889,794$29,780,252▼ $109,542

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,104,338$13,100,625$31,204,963
Buildings$1,383,083$729,515$2,112,598
Land$381,028-$381,028
Other Securities$37--
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve WattnemGeneral ManaFT$143,664$71,388$215,052
Steve WattnemGeneral Manager-$143,664$71,388$215,052
Michael JohnsonLinemenFT$100,489$43,191$143,680
Kenneth JonesLinemenFT$100,280$43,095$143,375
Chase PetersonLinemenFT$101,716$32,536$134,252
Spring DetlefsenOffice ManagFT$71,273$44,366$115,639
Robert NikolaiPresidentPT$6,700-$6,700
Peggy KuettelSecretaryPT$5,500-$5,500
Robert StrandDirectorPT$4,600-$4,600
James AndersonVice PresidePT$4,000-$4,000
Stanley NelsonTreasurerPT$3,800-$3,800
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,622,411
Investment Income
$133,826
Other Revenue
$375,531
Change in Net Assets
$-31,295

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,131,768
Total Revenue per Audited Statements
$12,131,768
Total Revenue per Form 990
$12,131,768
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,354,126
Salaries, Compensation, and Employee Benefits$360,341
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$910,751
All Other Expenses---$605,690
Benefits to Members---$448,596
Interest---$429,333
Current Officers, Directors, Trustees, and Key Employees---$360,341
Other Expenses---$327,167
Total Functional Expenses$0$0$0$12,163,063

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$12,163,063
Expenses per Audited Statements$11,714,467
Total Expenses per Audited Statements$11,714,467
Expenses Not Reported on Financial Statements$448,596
Other Expense Adjustments$448,596
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$46,163
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

Filer Name
Cooperative Light and Power
EIN
41-0203975
Phone
2188342226
Address
PO BOX 69, TWO HARBORS, MN 55616

Signing Officer

Name
Steve Wattnem
Title
General Manager
Phone
2188342226
Signed
2016-05-25
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
25

Preparer

Firm
Esterbrooks Scott Signorelli Etal Ltd
Address
302 W SUPERIOR ST STE200, DULUTH, MN 55802
Preparer
Michael a Pederson
Phone
2187276846
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Change in memberships -35,955 gain on retirement of capital credits 68,966 total 33,011”

Financial Statement Notes

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

“Book/tax difference: retirement of capital credits 448,596”

Raw XML AppendixShowing 400 of 463 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/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0COOPERATIVE CAPITAL CREDITS
IRS990/OtherRevenueMiscGrp/Desc1OTHER CAPITAL CREDITS
IRS990/OtherRevenueMiscGrp/Desc2OTHER NONOPERATING MARGINS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt087959
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt132190
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt23341
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt087959
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt132190
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt23341
IRS990/OtherRevenueTotalAmt0123490
IRS990/OtherSourcesGrossIncomeAmt0185166
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01073181
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0934532
IRS990/PrincipalOfficerNm0STEVE WATTNEM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011622411
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011622411
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0452216
IRS990/PYInvestmentIncomeAmt0154220
IRS990/PYOtherExpensesAmt011797176
IRS990/PYOtherRevenueAmt0811985
IRS990/PYProgramServiceRevenueAmt012008857
IRS990/PYRevenuesLessExpensesAmt0374655
IRS990/PYSalariesCompEmpBnftPaidAmt0351015
IRS990/PYTotalExpensesAmt012600407
IRS990/PYTotalRevenueAmt012975062
IRS990/ReconcilationRevenueExpnssAmt0-31295
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt0-3695
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt014701006
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt014702722
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01101906
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01082768
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01383083
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0729515
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02112598
IRS990ScheduleD/EquipmentGrp/BookValueAmt018104338
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013100625
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031204963
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0448596
IRS990ScheduleD/ExpensesSubtotalAmt011714467
IRS990ScheduleD/LandGrp/BookValueAmt0381028
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0381028
IRS990ScheduleD/OtherExpensesNotIncludedAmt0448596
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt046163
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt04647284
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1666990
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2368637
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3142822
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt471315
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt54738
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt61008
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/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/RevenueSubtotalAmt012131768
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK/TAX DIFFERENCE: RETIREMENT OF CAPITAL CREDITS 448,596
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019868449
IRS990ScheduleD/TotalBookValueSecuritiesAmt05904312
IRS990ScheduleD/TotalExpensesPerForm990Amt012163063
IRS990ScheduleD/TotalLiabilityAmt046163
IRS990ScheduleD/TotalRevenuePerForm990Amt012131768
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012131768
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011714467
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0143664
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt049744
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt021644
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0STEVE WATTNEM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0215052
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ONLY HAS ONE CLASS OF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS 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/ExplanationTxt2CERTAIN 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/ExplanationTxt3PRIOR 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/ExplanationTxt4BOARD MEMBERS REVIEW AND SIGN OFF ON A CONFLICT OF INTEREST POLICY ANNUALLY. CONFLICTS ARE TO BE EVALUATED AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION 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/ExplanationTxt6AVAILABLE AT THE COOPERATIVES TWO HARBORS OFFICE UPON REQUEST DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CHANGE IN MEMBERSHIPS -35,955 GAIN ON RETIREMENT OF CAPITAL CREDITS 68,966 TOTAL 33,011
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0COOPERATIV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt0LIGHT & POWER ASSOCIATION OF LAKE C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0COOPERATIVE LIGHT AND POWER OF LAKE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0COUNTY COMMUNITY TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0201396328
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt03
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0DONATIONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01554 HIGHWAY 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine2Txt0PO BOX 69
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TWO HARBORS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd055616
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/TotalAssetsBOYAmt029889794
IRS990/TotalAssetsEOYAmt029780252
IRS990/TotalAssetsGrp/BOYAmt029889794

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$29,780,252
Liabilities
$15,077,530
Net assets
$14,702,722
Revenue
$12,131,768
Expenses
$12,163,063
Net income
-$31,295
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
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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