Civic Intelligence

Nobles Cooperative Electric

990 • Fiscal year 2011 • EIN 41-0443755

Jan 01, 2011 to Dec 31, 2011 • Filed on Jun 28, 2012

Organization ProfileWWW.NOBLESCE.COOP
PO Box 78856187
Siviq Scores

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

Liabilities / Assets

46th percentile

0.54x

Higher debt load relative to assets than 46% of similar nonprofits.

2011 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

71st percentile

6.0%

Faster asset growth than 71% of similar nonprofits.

2011 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$40,060,408

Up $2,272,350 (+6.0%) from 2010

Net Assets

Up

$18,573,354

Up $651,447 (+3.6%) from 2010

Liabilities

Up

$21,487,054

Up $1,620,903 (+8.2%) from 2010

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$14,049,336

Up $1,655,630 (+13%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

$80M$60M$40M$20M$0Assets 2010: $37,788,058Liabilities 2010: $19,866,151Net Assets 2010: $17,921,9072010Assets 2011: $40,060,408Liabilities 2011: $21,487,054Net Assets 2011: $18,573,3542011Assets 2012: $41,870,755Liabilities 2012: $22,399,209Net Assets 2012: $19,471,5462012Assets 2013: $44,827,847Liabilities 2013: $24,027,918Net Assets 2013: $20,799,9292013Assets 2014: $46,119,824Liabilities 2014: $23,919,390Net Assets 2014: $22,200,4342014Assets 2015: $53,972,328Liabilities 2015: $30,995,775Net Assets 2015: $22,976,5532015Assets 2016: $55,612,372Liabilities 2016: $30,951,167Net Assets 2016: $24,661,2052016Assets 2017: $58,388,905Liabilities 2017: $31,754,704Net Assets 2017: $26,634,2012017Assets 2018: $58,329,105Liabilities 2018: $30,381,816Net Assets 2018: $27,947,2892018Assets 2019: $60,824,253Liabilities 2019: $31,611,827Net Assets 2019: $29,212,4262019Assets 2020: $63,710,475Liabilities 2020: $33,628,137Net Assets 2020: $30,082,3382020Assets 2021: $66,930,891Liabilities 2021: $36,000,127Net Assets 2021: $30,930,7642021Assets 2022: $71,903,264Liabilities 2022: $39,693,390Net Assets 2022: $32,209,8742022Assets 2023: $72,464,886Liabilities 2023: $39,425,339Net Assets 2023: $33,039,5472023Assets 2024: $72,484,464Liabilities 2024: $38,822,239Net Assets 2024: $33,662,2252024

Highlighted filing

2011

Assets$40,060,408
Liabilities$21,487,054
Net Assets$18,573,354
Open 2011 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30M$20M$10M$0-$10MExpenses 2010: $12,393,7062010Expenses 2011: $14,049,3362011Expenses 2012: $14,806,9142012Revenue 2013: $16,721,157Expenses 2013: $16,563,528Net Income 2013: $157,6292013Revenue 2014: $17,368,443Expenses 2014: $17,175,800Net Income 2014: $192,6432014Revenue 2015: $17,727,771Expenses 2015: $17,512,159Net Income 2015: $215,6122015Revenue 2016: $20,689,061Expenses 2016: $20,689,061Net Income 2016: $02016Revenue 2017: $21,881,830Expenses 2017: $21,546,163Net Income 2017: $335,6672017Revenue 2018: $21,679,205Expenses 2018: $21,414,120Net Income 2018: $265,0852018Revenue 2019: $22,053,939Expenses 2019: $21,922,002Net Income 2019: $131,9372019Revenue 2020: $20,443,055Expenses 2020: $20,545,431Net Income 2020: -$102,3762020Revenue 2021: $22,419,129Expenses 2021: $24,321,656Net Income 2021: -$1,902,5272021Revenue 2022: $23,725,160Expenses 2022: $23,659,088Net Income 2022: $66,0722022Revenue 2023: $23,131,119Expenses 2023: $22,742,483Net Income 2023: $388,6362023Revenue 2024: $23,526,248Expenses 2024: $23,107,188Net Income 2024: $419,0602024

Highlighted filing

2011

Revenue-
Expenses$14,049,336
Net Income-
Open 2011 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Jun 28, 2012
Return Version
2011v1.2
Gross Receipts
$14,367,472
Mission and Program Overview

Mission

To maintain our electrical distribution system and provide electricity to our members in rural areas and communities in our service territory.

Filing and Contact Details

Filer

EIN
41-0443755
Raw XML AppendixShowing 400 of 495 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.

Path#Value
IRS990/AccountantCompileOrReview00
IRS990/AccountsPayableAccruedExpenses/BOY02058096
IRS990/AccountsPayableAccruedExpenses/EOY02045775
IRS990/AccountsReceivable/BOY02442853
IRS990/AccountsReceivable/EOY02181448
IRS990/ActivitiesConductedPartnership00
IRS990/ActivityOrMissionDescription0TO MAINTAIN AND PROVIDE ELECTRICITY TO OUR MEMBERS IN OUR SERVICE TERRITORY.
IRS990/AddressPrincipalOfficerUS/AddressLine10PO BOX 788
IRS990/AddressPrincipalOfficerUS/City0WORTHINGTON
IRS990/AddressPrincipalOfficerUS/State0MN
IRS990/AddressPrincipalOfficerUS/ZIPCode056187
IRS990/AllOtherExpenses/Total0-1314013
IRS990/AnnualDisclosureCoveredPersons01
IRS990/AuditCommittee00
IRS990/BenefitsPaidToMembersCY01071613
IRS990/BenefitsPaidToMembersPriorYear00
IRS990/BenefitsToMembers/Total01071613
IRS990/BsnssRltnshpThruFamilyMember00
IRS990/BsnssRltnshpWithOrganization00
IRS990/CapStckTrstPrinCurrentFunds/BOY00
IRS990/CapStckTrstPrinCurrentFunds/EOY00
IRS990/ChangesToOrganizingDocs00
IRS990/CollectionsOfArt00
IRS990/CompCurrentOfficersDirectors/Total0373607
IRS990/CompensationFromOtherSources01
IRS990/CompensationProcessCEO01
IRS990/CompensationProcessOther00
IRS990/ComplianceWithBackupWitholding01
IRS990/ConflictOfInterestPolicy01
IRS990/ConservationEasements00
IRS990/ConsolidatedAuditFinancialStmt00
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine10221 WEST 4TH STREET
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine111435 SINCLAIR LEWIS AVE W PO BOX 6
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine12PO BOX 69
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine13PO BOX 250
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City0LISMORE
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City1SAUK CENTRE
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City2JACKSON
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City3OTTERTAIL
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State0MN
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State1MN
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State2MN
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State3MN
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode056155
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode1563780069
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode256143
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode3565710250
IRS990/ContractorCompensation/Compensation0205216
IRS990/ContractorCompensation/Compensation1201053
IRS990/ContractorCompensation/Compensation2131386
IRS990/ContractorCompensation/Compensation3107175
IRS990/ContractorCompensation/DescriptionOfServices0URD INSTALLATION & BORING
IRS990/ContractorCompensation/DescriptionOfServices1POWERLINE CONSTRUCTION
IRS990/ContractorCompensation/DescriptionOfServices2MANAGEMENT AND OTHER SERVICES
IRS990/ContractorCompensation/DescriptionOfServices3TREE TRIMMING
IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine10LOOSBROCK DIGGING SERVICE
IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine11EMBLOMS POWERLINE CONSTRUCTION
IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine12FEDERATED RURAL ELECTRIC ASSOCIATION
IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine13CARR'S TREE SERVICE INC
IRS990/ContributionsGrantsCurrentYear00
IRS990/ContributionsGrantsPriorYear00
IRS990/CostOfGoodsSold0173888
IRS990/CreditCounseling00
IRS990/DecisionsSubjectToApproval00
IRS990/DeductibleContributionsOfArt00
IRS990/DeductibleNonCashContributions00
IRS990/DelegationOfManagementDuties01
IRS990/DepreciationDepletion/Total01205015
IRS990/DescribedIn501C300
IRS990/Description0PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 5,091 ACCOUNTS AND ADDED 2.86 MILES OF LINES.
IRS990/DisregardedEntity00
IRS990/DocumentRetentionPolicy01
IRS990/DonorAdvisedFunds00
IRS990/DoNotFollowSFAS1170X
IRS990/ElectionOfBoardMembers01
IRS990/EmploymentTaxReturnsFiled01
IRS990/FamilyOrBusinessRelationship00
IRS990/FederalGrantAuditRequired00
IRS990/FinancialStatementSeparate0X
IRS990/ForeignActivities00
IRS990/ForeignFinancialAccount00
IRS990/ForeignOffice00
IRS990/Form8282PropertyDisposedOf00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek04.90
IRS990/Form990PartVIISectionA/AverageHoursPerWeek14.50
IRS990/Form990PartVIISectionA/AverageHoursPerWeek27.30
IRS990/Form990PartVIISectionA/AverageHoursPerWeek34.50
IRS990/Form990PartVIISectionA/AverageHoursPerWeek45.20
IRS990/Form990PartVIISectionA/AverageHoursPerWeek55.30
IRS990/Form990PartVIISectionA/AverageHoursPerWeek67.70
IRS990/Form990PartVIISectionA/AverageHoursPerWeek720.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek835.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/NamePerson0RONALD J SCHWARTAU
IRS990/Form990PartVIISectionA/NamePerson1RICHARD L GREVE
IRS990/Form990PartVIISectionA/NamePerson2LEE A YORK
IRS990/Form990PartVIISectionA/NamePerson3DAVID D CLARKE
IRS990/Form990PartVIISectionA/NamePerson4DICK R RUITER
IRS990/Form990PartVIISectionA/NamePerson5GARY E SIEVE
IRS990/Form990PartVIISectionA/NamePerson6HENRY A HANSON
IRS990/Form990PartVIISectionA/NamePerson7RICHARD G BURUD
IRS990/Form990PartVIISectionA/NamePerson8BRADLEY J SPARTZ
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/Officer4X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation77153
IRS990/Form990PartVIISectionA/OtherCompensation858558
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization011562
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization111090
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization218967
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization316807
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization411238
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization518007
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization617876
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization794238
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization890800
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs80
IRS990/Form990PartVIISectionA/Title0PRESIDENT
IRS990/Form990PartVIISectionA/Title1VICE PRESIDENT
IRS990/Form990PartVIISectionA/Title2SECRETARY/TREASURER
IRS990/Form990PartVIISectionA/Title3DIRECTOR
IRS990/Form990PartVIISectionA/Title4DIRECTOR
IRS990/Form990PartVIISectionA/Title5DIRECTOR
IRS990/Form990PartVIISectionA/Title6DIRECTOR
IRS990/Form990PartVIISectionA/Title7GENERAL MANAGER
IRS990/Form990PartVIISectionA/Title8OFFICE MANAGER
IRS990/Form990ProvidedToGoverningBody01
IRS990/Form990-TFiled01
IRS990/FormersListed00
IRS990/FSAudited01
IRS990/FundraisingActivities00
IRS990/Gaming00
IRS990/GrantsAndSimilarAmntsCY00
IRS990/GrantsAndSimilarAmntsPriorYear00
IRS990/GrantsToIndividuals00
IRS990/GrantsToOrganizations00
IRS990/GrantToRelatedPerson00
IRS990/GrossIncomeFromMembers013614229
IRS990/GrossIncomeOtherSources0421835
IRS990/GrossReceipts014367472
IRS990/GrossSalesOfInventory0255807
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt01
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartVII0X
IRS990/InfoInScheduleOPartXI0X
IRS990/Interest/Total01000505
IRS990/InventoriesForSaleOrUse/BOY0580640
IRS990/InventoriesForSaleOrUse/EOY0715979
IRS990/InvestmentIncomeCurrentYear0266865
IRS990/InvestmentIncome/ExclusionAmount0266865
IRS990/InvestmentIncomePriorYear0212320
IRS990/InvestmentIncome/TotalRevenueColumn0266865
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsOtherSecurities/BOY0451092
IRS990/InvestmentsOtherSecurities/EOY0402030
IRS990/InvestmentsProgramRelated/BOY04521270
IRS990/InvestmentsProgramRelated/EOY04809377
IRS990/LandBldgEquipmentAccumDeprec013023902
IRS990/LandBuildingsEquipmentBasis043226672
IRS990/LandBuildingsEquipmentBasisNet/BOY028438253
IRS990/LandBuildingsEquipmentBasisNet/EOY030202770
IRS990/LoanToOfficerOrDQP00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders01
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees00
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0TO MAINTAIN OUR ELECTRICAL DISTRIBUTION SYSTEM AND PROVIDE ELECTRICITY TO OUR MEMBERS IN RURAL AREAS AND COMMUNITIES IN OUR SERVICE TERRITORY.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/MortNotesPyblSecuredInvestProp/BOY017405543
IRS990/MortNotesPyblSecuredInvestProp/EOY019039144
IRS990/NameOfPrincipalOfficerPerson0RICHARD BURUD
IRS990/NbrIndependentVotingMembers06
IRS990/NbrVotingGoverningBodyMembers07
IRS990/NbrVotingMembersGoverningBody07
IRS990/NetAssetsOrFundBalancesBOY017921907
IRS990/NetAssetsOrFundBalancesEOY018573354
IRS990/NetIncomeOrLoss/RelatedOrExemptFunctionIncome018242
IRS990/NetIncomeOrLoss/TotalRevenueColumn081919
IRS990/NetIncomeOrLoss/UnrelatedBusinessRevenue063677
IRS990/NetUnrelatedBusinessTxblIncome060308
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith1096090
IRS990/NumberIndependentVotingMembers06
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K04
IRS990/NumberOfEmployees026
IRS990/NumberW2GIncluded00
IRS990/OfficerEntityWithBsnssRltnshp01
IRS990/OfficerMailingAddress00
IRS990/Organization501c0X
IRS990/OtherAssetsTotal/BOY05985
IRS990/OtherAssetsTotal/EOY05985
IRS990/OtherExpensePriorYear010466580
IRS990/OtherExpensesCurrentYear010916609
IRS990/OtherExpenses/Description0COST OF POWER
IRS990/OtherExpenses/Description1DISTRIBUTION-MAINTENANC
IRS990/OtherExpenses/Description2ADMIN & GENERAL
IRS990/OtherExpenses/Description3DISTRIBUTION-OPERATIONS
IRS990/OtherExpenses/Total07910371
IRS990/OtherExpenses/Total1752264
IRS990/OtherExpenses/Total2718737
IRS990/OtherExpenses/Total3643730
IRS990/OtherLiabilities/BOY0402512
IRS990/OtherLiabilities/EOY0402135
IRS990/OtherRevenueCurrentYear081919
IRS990/OtherRevenuePriorYear084430
IRS990/OtherSalariesAndWages/Total01298266
IRS990/PaidInCapSrplsLandBldgEqpFund/BOY02253773
IRS990/PaidInCapSrplsLandBldgEqpFund/EOY02484465
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/Total078482
IRS990/PensionPlanContributions/Total0310759
IRS990/PoliticalActivities00
IRS990/PrepaidExpensesDeferredCharges/BOY0156493
IRS990/PrepaidExpensesDeferredCharges/EOY0190291
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0221000
IRS990/ProgramServiceRevenue/BusinessCode1221000
IRS990/ProgramServiceRevenueCY013844800
IRS990/ProgramServiceRevenue/Description0SALE OF POWER
IRS990/ProgramServiceRevenue/Description1CAPITAL CREDITS
IRS990/ProgramServiceRevenuePriorYear013695255
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome013513392
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome1327567
IRS990/ProgramServiceRevenue/TotalRevenueColumn013513392
IRS990/ProgramServiceRevenue/TotalRevenueColumn1331408
IRS990/ProgramServiceRevenue/UnrelatedBusinessRevenue03841
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions00
IRS990/ReconcilationOtherChanges0507201
IRS990/ReconcilationRevenueExpenses0144248
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity00
IRS990/RelatedOrgControlledEntity00
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities00
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities01
IRS990/ReportProgRelInvest01
IRS990/RetainedEarningsEndowmentEtc/BOY015668134
IRS990/RetainedEarningsEndowmentEtc/EOY016088889
IRS990/RevenuesLessExpensesCY0144248
IRS990/RevenuesLessExpensesPriorYear01598299
IRS990/SalariesEtcCurrentYear02061114
IRS990/SalariesEtcPriorYear01927126
IRS990/SavingsAndTempCashInvestments/BOY01191472
IRS990/SavingsAndTempCashInvestments/EOY01552528
IRS990/ScheduleBRequired00
IRS990ScheduleD/Buildings/BookValue0444193
IRS990ScheduleD/Buildings/Depreciation0456354
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis0900547
IRS990ScheduleD/Equipment/BookValue027376773
IRS990ScheduleD/Equipment/Depreciation011919230
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis039296003
IRS990ScheduleD/ExcessOrDeficitForYear0144248
IRS990ScheduleD/ExcessOrDeficitPerFS0651449
IRS990ScheduleD/ExpensesNotRptdF99000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt01071613
IRS990ScheduleD/ExpensesSubtotal012977723
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE COOPERATIVE ADOPTED THE PROVISIONS OF FASB ACCOUNTING STANDARDS CODIFICATION TOPIC ASC 740-10 (PREVIOUSLY FINANCIAL INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES), ON JANUARY 1, 2009. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE FINANCIAL STATEMENTS. AS OF BOTH THE DATE OF ADOPTION, AND AS OF DECEMBER 31, 2011, THERE WAS NO UNRECOGNIZED TAX ACCRUAL. THE COOPERATIVE WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. GENERALLY, THE COOPERATIVE IS NO LONGER SUBJECT TO FEDERAL OR STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2008.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1ALLOCATION OF 2011 MARGINS 1,071,613. RETIREMENT OF CAPITAL CREDITS -602,611. TRANSFER TO UNALLOCATED RESERVE -192,493. INCREASE IN OTHER EQUITIES 230,692. TOTAL TO SCHEDULE D, PART XI, LINE 8: 507,201.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation2ALLOCATION OF 2011 MARGINS - PART IX LINE 4 BENEFITS PAID TO OR FOR MEMBERS 1,071,613.
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier1PART XI, LINE 8 - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier2PART XIII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference0PART X:
IRS990ScheduleD/InvestmentsProgramRelated/BookValue03693033
IRS990ScheduleD/InvestmentsProgramRelated/BookValue1793148
IRS990ScheduleD/InvestmentsProgramRelated/BookValue2125664
IRS990ScheduleD/InvestmentsProgramRelated/BookValue38714
IRS990ScheduleD/InvestmentsProgramRelated/BookValue4114627
IRS990ScheduleD/InvestmentsProgramRelated/BookValue555246
IRS990ScheduleD/InvestmentsProgramRelated/BookValue618945
IRS990ScheduleD/InvestmentsProgramRelated/Description0GREAT RIVER ENERGY
IRS990ScheduleD/InvestmentsProgramRelated/Description1NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION
IRS990ScheduleD/InvestmentsProgramRelated/Description2NATIONAL RURAL TELECOMMUNICATIONS COOPERATIVE
IRS990ScheduleD/InvestmentsProgramRelated/Description3COBANK
IRS990ScheduleD/InvestmentsProgramRelated/Description4RURAL ELECTRIC SUPPLY COOPERATIVE
IRS990ScheduleD/InvestmentsProgramRelated/Description5FEDERATED RURAL ELECTRIC INSURANCE EQUITY
IRS990ScheduleD/InvestmentsProgramRelated/Description6OTHER INVESTMENTS
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation0C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation1C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation2C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation3C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation4C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation5C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation6C
IRS990ScheduleD/Land/BookValue0110402
IRS990ScheduleD/Land/OtherCostOrOtherBasis0110402
IRS990ScheduleD/OtherAmount0507201
IRS990ScheduleD/OtherExpensesNotIncluded01071613
IRS990ScheduleD/OtherLandBuildings/BookValue02271402
IRS990ScheduleD/OtherLandBuildings/Depreciation0648318
IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis02919720
IRS990ScheduleD/OtherLiabilities/Amount0102696
IRS990ScheduleD/OtherLiabilities/Amount123385
IRS990ScheduleD/OtherLiabilities/Amount2276054
IRS990ScheduleD/OtherLiabilities/Description0DEFERRED CREDITS
IRS990ScheduleD/OtherLiabilities/Description1CUSTOMER DEPOSITS
IRS990ScheduleD/OtherLiabilities/Description2ACCUMULATED PROVISION FOR PENSION BENEFITS
IRS990ScheduleD/RevenueNotRptdF99000
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal014193584
IRS990ScheduleD/TotalAdjustments0507201
IRS990ScheduleD/TotalExpenses014049336
IRS990ScheduleD/TotalExpensesPerForm990014049336
IRS990ScheduleD/TotalOfAmounts0402135
IRS990ScheduleD/TotalOfBookValueLandBuildings030202770
IRS990ScheduleD/TotalOfBookValueProgramRelated04809377
IRS990ScheduleD/TotalRevenue014193584
IRS990ScheduleD/TotalRevenuePerForm990014193584
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt012977723
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt014193584
IRS990ScheduleJ/BoardOrCommitteeApproval0X
IRS990ScheduleJ/EquityBasedCompArrangement00
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg094238
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg189988
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg1100
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg02801
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg138673
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0RICHARD BURUD, GENERAL MANAGER, IS PAID BY FEDERATED RURAL ELECTRIC ASSOCIATION. FEDERATED RURAL ELECTRIC ASSOCIATION IS REIMBURSED ACCORDING TO A SHARED MANAGER AGREEMENT BY NOBLES COOPERATIVE ELECTRIC FOR 50% OF THE GENERAL MANAGER'S TOTAL COMPENSATION. $131,386 WAS REIMBURSED BY NOBLES COOPERATIVE ELECTRIC IN 2011 UNDER THIS AGREEMENT. IN 2011 50% OF THE GENERAL MANAGER'S ACTUAL COMPENSATION AND BENEFITS IS REPORTED ON FORM 990 PART VII AND SCHEDULE J ACCORDINGLY. THE DIFFERENCE BETWEEN THE TWO IS DUE TO TIMING DIFFERENCES.
IRS990ScheduleJ/Form990ScheduleJPartIII/Identifier0SUPPLEMENTAL INFORMATION
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference0PART III
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0RICHARD G BURUD
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson1BRADLEY J SPARTZ
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg05294
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg121632
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg1712
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0102333
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg1151105
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs10
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction07918821
IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction0PURCHASE OF WHOLESALE POWER
IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NameBusiness/BusinessNameLine10GREAT RIVER ENERGY
IRS990ScheduleL/Form990ScheduleLPartIV/Relationship0DIRECTOR HENRY HANSON IS A BOARD DIRECTOR FOR GREAT RIVER ENERGY
IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues00
IRS990ScheduleO/GeneralExplanation/Explanation0NOBLES COOPERATIVE ELECTRIC SHARES A GENERAL MANAGER, RICHARD BURUD, WITH FEDERATED RURAL ELECTRIC ASSOCIATION OF JACKSON, MINNESOTA. RICHARD BURUD IS AN EMPLOYEE OF FEDERATED RURAL ELECTRIC ASSOCIATION. NOBLES COOPERATIVE ELECTRIC HAS CONTRACTED WITH FEDERATED RURAL ELECTRIC ASSOCIATION FOR HALF OF RICHARD BURUD'S SERVICES.
IRS990ScheduleO/GeneralExplanation/Explanation1NOBLES COOPERATIVE ELECTRIC IS A RURAL ELECTRIC COOPERATIVE OWNED BY THE MEMBERS SERVED.
IRS990ScheduleO/GeneralExplanation/Explanation2NOBLES COOPERATIVE ELECTRIC HAS ONE CLASS OF MEMBERS WHO MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/GeneralExplanation/Explanation3THERE ARE NO COMMITTEES WITH BROAD AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD.
IRS990ScheduleO/GeneralExplanation/Explanation4THE FORM 990 IS REVIEWED AT A DIRECTOR BOARD MEETING PRIOR TO BEING FILED.
IRS990ScheduleO/GeneralExplanation/Explanation5UPON REVIEWING OR DISCOVERING ANY INFORMATION OR FACT THAT COULD IMPACT A DIRECTOR'S COMPLIANCE WITH THIS POLICY, THE BOARD MUST: 1 - PROVIDE THE DIRECTOR AN OPPORTUNITY TO COMMENT ORALLY AND IN WRITING REGARDING THE INFORMATION OR FACT, AND AN OPPORTUNITY TO BE REPRESENTED BY LEGAL COUNSEL; AND 2 - DETERMINE WHETHER THE DIRECTOR COMPLIES WITH THIS POLICY. IF THE BOARD DETERMINES THAT A DIRECTOR DOES NOT COMPLY WITH THIS POLICY, THEN: 1 - THE BOARD MUST PROVIDE THE DIRECTOR AN OPPORTUNITY TO COMPLY WITH THIS POLICY WITHIN THIRTY DAYS AND; 2 - IF THE DIRECTOR DOES NOT COMPLY WITH THIS POLICY WITHIN THIRTY DAYS, THEN, AS ALLOWED BY LAW, THE BOARD MUST SANCTION, DISQUALIFY, AND/OR REMOVE THE DIRECTOR. UPON RECEIVING OR DISCOVERING ANY INFORMATION OR FACT THAT COULD IMPACT ANY OTHER OFFICIAL'S COMPLIANCE WITH THIS POLICY, THE BOARD MUST ACT AS APPROPRIATE OR AUTHORIZE THE MANAGER TO ACT AS APPROPRIATE.
IRS990ScheduleO/GeneralExplanation/Explanation6NOBLES COOPERATIVE ELECTRIC AND FEDERATED RURAL ELECTRIC CURRENTLY PARTICIPATE IN A MANAGEMENT SERVICES AGREEMENT FOR THEIR GENERAL MANAGER POSITION. A MANAGEMENT LIAISON COMMITTEE IS IN PLACE. THIS COMMITTEE CONSISTS OF THREE NOBLES DIRECTORS AND THREE FEDERATED DIRECTORS, APPOINTED BY THEIR RESPECTIVE BOARDS. THE COMMITTEE MEETS AS OFTEN AS NECESSARY TO REVIEW AND TO MAKE RECOMMENDATIONS TO THE COOPERATIVES' BOARDS OF DIRECTORS REGARDING THE GENERAL MANAGER'S COMPENSATION AND BENEFITS PACKAGE AND ANY OTHER ISSUES OR PROBLEMS THAT MAY ARISE IN CONNECTION WITH THE AGREEMENT. THE PROCESS FOR THE GENERAL MANAGER WAS UNDERTAKEN IN 2011.
IRS990ScheduleO/GeneralExplanation/Explanation7THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation8INCLUDED IN OTHER COMPENSATION IS THE ESTIMATED CURRENT YEAR INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN FOR THE GENERAL MANAGER AND OFFICE MANAGER. THE CURRENT YEAR INCREASE OR DECREASE DOES NOT REPRESENT CURRENT YEAR CONTRIBUTIONS TO THE PLAN. RATHER, IT IS AN ESTIMATE OF THE INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE PLAN AS CALCULATED BY THE PLAN ADMINISTRATOR.
IRS990ScheduleO/GeneralExplanation/Explanation9ALLOCATION OF 2011 MARGINS 1,071,613. RETIREMENT OF CAPITAL CREDITS -602,611. TRANSFER TO UNALLOCATED RESERVE -192,493. INCREASE IN OTHER EQUITIES 230,692. TOTAL TO FORM 990, PART XI, LINE 5: 507,201.
IRS990ScheduleO/GeneralExplanation/Explanation10THE COOPERATIVE HAS INTERPRETED THE INSTRUCTIONS TO PART IX, LINE 4, TO MEAN PATRONAGE CAPITAL ALLOCATED FOR THE YEAR, RATHER THAN PATRONAGE CAPITAL RETIRED. THIS IS CONSISTENT WITH THE BYLAWS OF THE COOPERATIVE.
IRS990ScheduleO/GeneralExplanation/Explanation11THE LABOR, PENSION AND PAYROLL TAXES REPORTED ON LINES 6-10 ARE INCLUDED IN DISTRIBUTION EXPENSE, ADMINISTRATIVE & GENERAL EXPENSE AND CUSTOMER EXPENSE. THEREFORE, LABOR, PENSION AND PAYROLL TAXES ARE SHOWN AS A REDUCTION TO OTHER EXPENSES ON LINE 24E.
IRS990ScheduleO/GeneralExplanation/Identifier0CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/Identifier1BENEFITS PAID TO OR FOR MEMBERS:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$40,060,408
Liabilities
$21,487,054
Net assets
$18,573,354
Revenue
-
Expenses
$14,049,336
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$72.5$38.8$33.7$23.5$23.1$0.42
2023Detailed filing. Detailed filing data is available for this year.$72.5$39.4$33.0$23.1$22.7$0.39
2022Detailed filing. Detailed filing data is available for this year.$71.9$39.7$32.2$23.7$23.7$0.07
2021Detailed filing. Detailed filing data is available for this year.$66.9$36.0$30.9$22.4$24.3$1.90
2020Detailed filing. Detailed filing data is available for this year.$63.7$33.6$30.1$20.4$20.5$0.10
2019Detailed filing. Detailed filing data is available for this year.$60.8$31.6$29.2$22.1$21.9$0.13
2018Detailed filing. Detailed filing data is available for this year.$58.3$30.4$27.9$21.7$21.4$0.27
2017Detailed filing. Detailed filing data is available for this year.$58.4$31.8$26.6$21.9$21.5$0.34
2016Detailed filing. Detailed filing data is available for this year.$55.6$31.0$24.7$20.7$20.7$0.00
2015Detailed filing. Detailed filing data is available for this year.$54.0$31.0$23.0$17.7$17.5$0.22
2014Detailed filing. Detailed filing data is available for this year.$46.1$23.9$22.2$17.4$17.2$0.19
2013Detailed filing. Detailed filing data is available for this year.$44.8$24.0$20.8$16.7$16.6$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.9$22.4$19.5$14.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.1$21.5$18.6$14.0
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.8$19.9$17.9$12.4