Civic Intelligence

Cooperative Light and Power Association of Lake County

990 • Fiscal year 2016 • EIN 41-0203975

Jan 01, 2016 to Dec 31, 2016 • Filed on May 18, 2017

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

47th percentile

0.52x

Higher debt load relative to assets than 47% of similar nonprofits.

2016 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

35th percentile

1.27x

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

2016 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2016

Net Margin

12th percentile

-0.8%

Higher net margin than 12% of similar nonprofits.

2016 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

73rd percentile

$221,920

Higher top officer pay than 73% of similar nonprofits.

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

2016 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2016

Asset Growth

60th percentile

3.1%

Faster asset growth than 60% of similar nonprofits.

2016 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

62nd percentile

4.1%

Faster revenue growth than 62% of similar nonprofits.

2016 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$30,692,905

Up $912,653 (+3.1%) from 2015

Net Assets

Down

$14,670,853

Down $31,869 (-0.2%) from 2015

Liabilities

Up

$16,022,052

Up $944,522 (+6.3%) from 2015

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin12th percentile

Revenue

Up

$12,623,950

Up $492,182 (+4.1%) from 2015

Expenses

Up

$12,720,929

Up $557,866 (+4.6%) from 2015

Net Income

Down

-$96,979

Down $65,684 (-210%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth60th 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

2016

Assets$30,692,905
Liabilities$16,022,052
Net Assets$14,670,853
Open 2016 Filing

Operations Trend

Revenue Growth62nd 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

2016

Revenue$12,623,950
Expenses$12,720,929
Net Income-$96,979
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 18, 2017
Return Version
2016v3.0
Gross Receipts
$12,645,888
Mission and Program Overview

Mission

Electric energy distribution

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,868,449$20,346,079▲ $477,630
Rtn Earn Endowment Incm Other Fnds$14,702,722$14,670,853▼ $31,869
Investments Other Securities$5,904,312$6,218,455▲ $314,143
Accounts Receivable$1,400,095$1,481,310▲ $81,215
Savings and Temporary Cash Investments$1,082,768$1,312,445▲ $229,677
Prepaid Expenses and Deferred Charges$934,532$768,631▼ $165,901
Inventories for Sale or Use$291,016$316,896▲ $25,880
Cash and Non-Interest-Bearing Accounts$106,204$63,999▼ $42,205
Total Assets$29,780,252$30,692,905▲ $912,653
Other Assets Total$192,876$185,090▼ $7,786
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,539,860$13,218,589▲ $678,729
Accounts Payable and Accrued Expenses$2,411,111$2,669,888▲ $258,777
Deferred Revenue$80,396$80,907▲ $511
Other Liabilities$46,163$52,668▲ $6,505
Total Liabilities$15,077,530$16,022,052▲ $944,522
Net Assets / Fund Balance
Total Net Assets Fund Balance$14,702,722$14,670,853▼ $31,869
Total Liabilities and Net Assets / Fund Balance$29,780,252$30,692,905▲ $912,653

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,599,380$14,015,502$32,614,882
Buildings$1,365,671$775,526$2,141,197
Land$381,028-$381,028
Other Securities$37--
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve WattnemGeneral ManaFT$148,356$73,564$221,920
Steve WattnemGeneral Manager-$148,356$73,564$221,920
Michael JohnsonLinemenFT$119,338$45,667$165,005
Vince UdenbergLinemenFT$112,270$47,894$160,164
Brian BentlerLinemanFT$109,076$48,618$157,694
Ken JonesLinemanFT$110,045$45,517$155,562
Chase PetersonLinemenFT$119,374$34,866$154,240
Spring DetlefsenOffice ManagFT$78,640$46,171$124,811
Peggy KuettelPresidentPT$6,400-$6,400
Scott VeitenheimerTreasurerPT$5,500-$5,500
Robert NikolaiVice PresidePT$4,100-$4,100
James AndersonSecretaryPT$4,000-$4,000
Robert StrandDirectorPT$1,900-$1,900
Stan NelsonDirectorPT$1,400-$1,400
Alis StevensDirectorPT$600-$600
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,896,617
Investment Income
$118,301
Other Revenue
$609,032
Change in Net Assets
$-96,979

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,623,950
Total Revenue per Audited Statements
$12,623,950
Total Revenue per Form 990
$12,623,950
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,795,260
Salaries, Compensation, and Employee Benefits$376,133
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$939,384
All Other Expenses---$725,005
Benefits to Members---$549,536
Current Officers, Directors, Trustees, and Key Employees---$376,133
Interest---$346,507
Other Expenses---$325,488
Total Functional Expenses$0$0$0$12,720,929

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$12,720,929
Expenses per Audited Statements$12,171,393
Total Expenses per Audited Statements$12,171,393
Expenses Not Reported on Financial Statements$549,536
Other Expense Adjustments$549,536
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$52,668
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
2017-05-18
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

“Gain on retirement of capital credits 65,110”

Financial Statement Notes

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

“Book/tax difference: retirement of capital credits 549,536”

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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/MissionDesc0ELECTRIC ENERGY DISTRIBUTION
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IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0106759
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IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-4241
IRS990/NetUnrelatedBusTxblIncmAmt0-82916
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt0185090
IRS990/OtherChangesInNetAssetsAmt065110
IRS990/OtherExpensesGrp/Desc0COST OF POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION EXPENSE
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE & GENERAL
IRS990/OtherExpensesGrp/Desc3CUSTOMER SERVICE AND INFO
IRS990/OtherExpensesGrp/TotalAmt07159130
IRS990/OtherExpensesGrp/TotalAmt11579318
IRS990/OtherExpensesGrp/TotalAmt2720428
IRS990/OtherExpensesGrp/TotalAmt3325488
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IRS990/OtherRevenueMiscGrp/Desc0COOPERATIVE CAPITAL CREDITS
IRS990/OtherRevenueMiscGrp/Desc1OTHER CAPITAL CREDITS
IRS990/OtherRevenueMiscGrp/Desc2OTHER NONOPERATING MARGINS
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt135272
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt25877
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt135272
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt25877
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0768631
IRS990/PrincipalOfficerNm0STEVE WATTNEM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011896617
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011896617
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0448596
IRS990/PYInvestmentIncomeAmt0133826
IRS990/PYOtherExpensesAmt011354126
IRS990/PYOtherRevenueAmt0375531
IRS990/PYProgramServiceRevenueAmt011622411
IRS990/PYRevenuesLessExpensesAmt0-31295
IRS990/PYSalariesCompEmpBnftPaidAmt0360341
IRS990/PYTotalExpensesAmt012163063
IRS990/PYTotalRevenueAmt012131768
IRS990/ReconcilationRevenueExpnssAmt0-96979
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt0-8628
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt014702722
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt014670853
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01082768
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01312445
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01365671
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0775526
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02141197
IRS990ScheduleD/EquipmentGrp/BookValueAmt018599380
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014015502
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt032614882
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0549536
IRS990ScheduleD/ExpensesSubtotalAmt012171393
IRS990ScheduleD/LandGrp/BookValueAmt0381028
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0381028
IRS990ScheduleD/OtherExpensesNotIncludedAmt0549536
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt052668
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt04967437
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1669285
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2350438
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3144880
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt478635
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt55254
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/RevenueSubtotalAmt012623950
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK/TAX DIFFERENCE: RETIREMENT OF CAPITAL CREDITS 549,536
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020346079
IRS990ScheduleD/TotalBookValueSecuritiesAmt06218455
IRS990ScheduleD/TotalExpensesPerForm990Amt012720929
IRS990ScheduleD/TotalLiabilityAmt052668
IRS990ScheduleD/TotalRevenuePerForm990Amt012623950
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012623950
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012171393
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0148356
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1119338
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2119374
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3112270
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4110045
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5109076
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt051796
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt129085
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt229030
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt329030
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt429030
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt529030
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt116582
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt25836
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt318864
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt519588
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0STEVE WATTNEM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MICHAEL JOHNSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2CHASE PETERSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3VINCE UDENBERG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4KEN JONES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm5BRIAN BENTLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1LINEMEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2LINEMEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3LINEMEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4LINEMAN
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1165005
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2154240
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt3160164
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt4155562
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt5157694
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.

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,692,905
Liabilities
$16,022,052
Net assets
$14,670,853
Revenue
$12,623,950
Expenses
$12,720,929
Net income
-$96,979
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