Civic Intelligence

Agralite Electric Cooperative

990 • Fiscal year 2011 • EIN 41-0560428

Jan 01, 2011 to Dec 31, 2011 • Filed on Jul 20, 2012

Organization ProfileWWW.AGRALITE.COOP
PO Box 22856215
Siviq Scores

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

Liabilities / Assets

61st percentile

0.59x

Higher debt load relative to assets than 61% 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

81st percentile

8.4%

Faster asset growth than 81% 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 / Assets61st percentile

Assets

Up

$46,243,037

Up $3,581,190 (+8.4%) from 2010

Net Assets

Up

$18,816,545

Up $352,804 (+1.9%) from 2010

Liabilities

Up

$27,426,492

Up $3,228,386 (+13%) from 2010

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$18,125,788

Up $845,953 (+4.9%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

$100M$50M$0Assets 2010: $42,661,847Liabilities 2010: $24,198,106Net Assets 2010: $18,463,7412010Assets 2011: $46,243,037Liabilities 2011: $27,426,492Net Assets 2011: $18,816,5452011Assets 2012: $46,414,750Liabilities 2012: $26,293,701Net Assets 2012: $20,121,0492012Assets 2013: $46,428,214Liabilities 2013: $25,161,802Net Assets 2013: $21,266,4122013Assets 2014: $48,287,532Liabilities 2014: $26,177,692Net Assets 2014: $22,109,8402014Assets 2015: $50,570,650Liabilities 2015: $28,161,414Net Assets 2015: $22,409,2362015Assets 2016: $50,910,165Liabilities 2016: $28,061,243Net Assets 2016: $22,848,9222016Assets 2017: $53,402,629Liabilities 2017: $29,436,177Net Assets 2017: $23,966,4522017Assets 2018: $55,721,404Liabilities 2018: $29,984,333Net Assets 2018: $25,737,0712018Assets 2019: $61,014,368Liabilities 2019: $34,572,157Net Assets 2019: $26,442,2112019Assets 2020: $66,398,391Liabilities 2020: $38,947,032Net Assets 2020: $27,451,3592020Assets 2021: $69,462,503Liabilities 2021: $40,844,321Net Assets 2021: $28,618,1822021Assets 2022: $70,519,941Liabilities 2022: $40,805,066Net Assets 2022: $29,714,8752022Assets 2023: $73,316,237Liabilities 2023: $41,545,506Net Assets 2023: $31,770,7312023Assets 2024: $80,313,301Liabilities 2024: $47,879,743Net Assets 2024: $32,433,5582024

Highlighted filing

2011

Assets$46,243,037
Liabilities$27,426,492
Net Assets$18,816,545
Open 2011 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30M$20M$10M$0Expenses 2010: $17,279,8352010Expenses 2011: $18,125,7882011Expenses 2012: $20,166,0582012Revenue 2013: $21,808,076Expenses 2013: $21,013,043Net Income 2013: $795,0332013Revenue 2014: $22,007,703Expenses 2014: $21,652,142Net Income 2014: $355,5612014Revenue 2015: $21,206,661Expenses 2015: $20,923,522Net Income 2015: $283,1392015Revenue 2016: $22,147,566Expenses 2016: $21,781,778Net Income 2016: $365,7882016Revenue 2017: $23,718,811Expenses 2017: $23,295,171Net Income 2017: $423,6402017Revenue 2018: $23,454,541Expenses 2018: $22,957,343Net Income 2018: $497,1982018Revenue 2019: $23,619,317Expenses 2019: $23,128,504Net Income 2019: $490,8132019Revenue 2020: $23,129,437Expenses 2020: $22,688,478Net Income 2020: $440,9592020Revenue 2021: $24,861,344Expenses 2021: $23,842,283Net Income 2021: $1,019,0612021Revenue 2022: $25,358,621Expenses 2022: $24,722,194Net Income 2022: $636,4272022Revenue 2023: $27,033,215Expenses 2023: $26,307,806Net Income 2023: $725,4092023Revenue 2024: $26,539,668Expenses 2024: $25,768,343Net Income 2024: $771,3252024

Highlighted filing

2011

Revenue-
Expenses$18,125,788
Net Income-
Open 2011 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Jul 20, 2012
Return Version
2011v1.2
Gross Receipts
$18,992,183
Mission and Program Overview

Mission

Distribute electricity to membership.

Filing and Contact Details

Filer

EIN
41-0560428
Raw XML AppendixShowing 400 of 450 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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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED AT DECEMBER 31, 2011 AND 2010. THE COOPERATIVE EVALUATED ITS TAX POSITIONS AND DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2011. WITH FEW EXCEPTIONS, THE COOPERATIVE IS NO LONGER SUBJECT TO FEDERAL, STATE, OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2008.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation1CAPITAL CREDITS RETIRED -359,194. BOOK TO TAX DIFFERENCE -47,963. CHANGE IN OTHER EQUITIES 114,598. PATRONAGE DIVIDENDS ALLOCATED 53,270. TOTAL TO SCHEDULE D, PART XI, LINE 8: -239,289.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation2EQUITY IN EARNINGS OF STAR ENERGY SERVICES, LLC 6,800. EQUITY IN EARNINGS OF CHIPPEWA VALLEY ETHANOL COMPANY, LLP 103,715. EQUITY IN EARNINGS OF ARGO SOFTWARE HOLDINGS, LLC -220. EQUITY IN EARNINGS OF POMME DE TERRE GOLF CLUB -108.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation3INCOME K-1 - STAR ENERGY SERVICES, LLC 162. INCOME K-1 - CHIPPEWA VALLEY ETHANOL COMPANY, LLP 62,386. INCOME K-1 - POMME DE TERRE GOLF CLUB -108. INCOME K-1 - ARGO SOFTWARE HOLDINGS, LLC -216.
IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation4PATRONAGE DIVIDENDS ALLOCATED 53,270.
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IRS990ScheduleO/GeneralExplanation/Explanation0SUBSTANTIALLY ALL CUSTOMERS OF THE COOPERATIVE ARE MEMBERS. EACH MEMBER HAS ONE VOTE.
IRS990ScheduleO/GeneralExplanation/Explanation1THE MEMBERSHIP ELECTS THE BOARD OF DIRECTORS. THERE IS ONE CLASS OF MEMBERSHIP.
IRS990ScheduleO/GeneralExplanation/Explanation2THE MEMBERSHIP MUST APPROVE CHANGES TO THE BY-LAWS.
IRS990ScheduleO/GeneralExplanation/Explanation3BOARD OF DIRECTORS RECEIVED A COPY IN MAIL PRIOR TO THE FORM 990 BEING FILED. THE FORM WILL BE REVIEWED AND APPROVED DURING THE MONTHLY BOARD MEETING.
IRS990ScheduleO/GeneralExplanation/Explanation4THE MANAGEMENT OF THE COOPERATIVE HANDLES ALL CONFLICTS OF INTEREST AS THEY ARISE.
IRS990ScheduleO/GeneralExplanation/Explanation5THE GENERAL MANAGERS SALARY IS COMPARED TO OTHER COOPERATIVES THROUGH INDUSTRY SURVEY AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation6GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation7CAPITAL CREDITS RETIRED -359,194. BOOK TO TAX DIFFERENCE -47,963. CHANGE IN OTHER EQUITIES 114,598. PATRONAGE DIVIDENDS ALLOCATED 53,270. TOTAL TO FORM 990, PART XI, LINE 5: -239,289.
IRS990ScheduleO/GeneralExplanation/Explanation8THE BOARD OF DIRECTORS RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AS WELL AS THE SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/Explanation9THE IRS INSTRUCTIONS STATE THAT PATRONAGE DIVIDENDS PAID BY SECTION 501(C)(12) ORGANIZATIONS TO THEIR MEMBERS SHOULD BE REPORTED ON LINE 4. THE ORGANIZATION HAS INTERPRETED PATRONAGE DIVIDENDS PAID TO MEAN PATRONAGE DIVIDENDS ALLOCATED OR TO BE ALLOCATED FOR THE CURRENT YEAR. SINCE THIS ALLOCATION IS NOT AN EXPENSE UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP), THIS HAS RESULTED IN A RECONCILING ITEM TO NET ASSETS IN PART XI ON PAGE 12 OF THE FORM 990 AND IN PARTS XI AND XIII ON SCHEDULE D.
IRS990ScheduleO/GeneralExplanation/Identifier0CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990, PART XI, LINE 5:
IRS990ScheduleO/GeneralExplanation/ReturnReference8FORM 990, PART XII, LINE 2C
IRS990ScheduleO/GeneralExplanation/ReturnReference9FORM 990, PART IX, LINE 4
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0MN
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10320 E HWY 12
IRS990/TheBooksAreInCareOf/AddressUS/City0BENSON
IRS990/TheBooksAreInCareOf/AddressUS/State0MN
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode056215
IRS990/TheBooksAreInCareOf/NamePerson0DENISE RUNGE
IRS990/TheBooksAreInCareOf/TelephoneNumber03208434150
IRS990/TotalAssets/BOY042661847
IRS990/TotalAssetsBOY042661847
IRS990/TotalAssets/EOY046243037
IRS990/TotalAssetsEOY046243037
IRS990/TotalCompGT150K01
IRS990/TotalExpensesCurrentYear018125788
IRS990/TotalExpensesPriorYear017279835
IRS990/TotalFunctionalExpenses/Total018125788
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI084959
IRS990/TotalLiabilities/BOY024198106
IRS990/TotalLiabilitiesBOY024198106
IRS990/TotalLiabilities/EOY027426492
IRS990/TotalLiabilitiesEOY027426492
IRS990/TotalLiabNetAssetsFundBalances/BOY042661847
IRS990/TotalLiabNetAssetsFundBalances/EOY046243037
IRS990/TotalNbrEmployees033
IRS990/TotalNbrVolunteers00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$46,243,037
Liabilities
$27,426,492
Net assets
$18,816,545
Revenue
-
Expenses
$18,125,788
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$80.3$47.9$32.4$26.5$25.8$0.77
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.3$41.5$31.8$27.0$26.3$0.73
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$70.5$40.8$29.7$25.4$24.7$0.64
2021Detailed filing. Detailed filing data is available for this year.$69.5$40.8$28.6$24.9$23.8$1.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.4$38.9$27.5$23.1$22.7$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.0$34.6$26.4$23.6$23.1$0.49
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.7$30.0$25.7$23.5$23.0$0.50
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$53.4$29.4$24.0$23.7$23.3$0.42
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.9$28.1$22.8$22.1$21.8$0.37
2015Detailed filing. Detailed filing data is available for this year.$50.6$28.2$22.4$21.2$20.9$0.28
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.3$26.2$22.1$22.0$21.7$0.36
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.4$25.2$21.3$21.8$21.0$0.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.4$26.3$20.1$20.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.2$27.4$18.8$18.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.7$24.2$18.5$17.3