Civic Intelligence

Agralite Electric Cooperative

990 • Fiscal year 2012 • EIN 41-0560428

Jan 01, 2012 to Dec 31, 2012 • Filed on Oct 24, 2013

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

56th percentile

0.57x

Higher debt load relative to assets than 56% of similar nonprofits.

2012 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

21st percentile

0.4%

Faster asset growth than 21% of similar nonprofits.

2012 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$46,414,750

Up $171,713 (+0.4%) from 2011

Net Assets

Up

$20,121,049

Up $1,304,504 (+6.9%) from 2011

Liabilities

Down

$26,293,701

Down $1,132,791 (-4.1%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$20,166,058

Up $2,040,270 (+11%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth21st 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

2012

Assets$46,414,750
Liabilities$26,293,701
Net Assets$20,121,049
Open 2012 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

2012

Revenue-
Expenses$20,166,058
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Oct 24, 2013
Return Version
2012v2.1
Gross Receipts
$20,470,355
Mission and Program Overview

Mission

To provide safe, reliable electric service and other related products to improve the quality of life in our region.

Filing and Contact Details

Filer

EIN
41-0560428
Raw XML AppendixShowing 400 of 503 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/BOY02466504
IRS990/AccountsPayableAccruedExpenses/EOY02701861
IRS990/AccountsReceivable/BOY01559676
IRS990/AccountsReceivable/EOY01875383
IRS990/ActivitiesConductedPartnership00
IRS990/ActivityOrMissionDescription0DISTRIBUTE ELECTRICITY TO MEMBERSHIP.
IRS990/AddressPrincipalOfficerUS/AddressLine10PO BOX 228
IRS990/AddressPrincipalOfficerUS/City0BENSON
IRS990/AddressPrincipalOfficerUS/State0MN
IRS990/AddressPrincipalOfficerUS/ZIPCode056215
IRS990/AllOtherExpenses/Total0-1918051
IRS990/AnnualDisclosureCoveredPersons00
IRS990/AuditCommittee00
IRS990/BenefitsPaidToMembersCY01479788
IRS990/BenefitsPaidToMembersPriorYear053270
IRS990/BenefitsToMembers/Total01479788
IRS990/BsnssRltnshpThruFamilyMember00
IRS990/BsnssRltnshpWithOrganization00
IRS990/ChangesToOrganizingDocs00
IRS990/CollectionsOfArt00
IRS990/CompCurrentOfficersDirectors/Total0273123
IRS990/CompensationFromOtherSources00
IRS990/CompensationProcessCEO01
IRS990/CompensationProcessOther01
IRS990/ComplianceWithBackupWitholding01
IRS990/ConflictOfInterestPolicy01
IRS990/ConservationEasements00
IRS990/ConsolidatedAuditFinancialStmt00
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine106875 CO RD 28 SW
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine11PO BOX 250
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City0ALEXANDRIA
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City1OTTERAIL
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State0MN
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State1MN
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode056308
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode156571
IRS990/ContractorCompensation/Compensation0391568
IRS990/ContractorCompensation/Compensation1208193
IRS990/ContractorCompensation/DescriptionOfServices0ENGINEERING AND SAFETY
IRS990/ContractorCompensation/DescriptionOfServices1RIGHT OF WAY TREE CLEARING
IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine10STAR ENERGY SERVICES
IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine11CARR'S TREE SERVICE
IRS990/ContributionsGrantsCurrentYear00
IRS990/ContributionsGrantsPriorYear00
IRS990/CostOfGoodsSold0136787
IRS990/CreditCounseling00
IRS990/DecisionsSubjectToApproval01
IRS990/DeductibleContributionsOfArt00
IRS990/DeductibleNonCashContributions00
IRS990/DeferredRevenue/BOY041795
IRS990/DeferredRevenue/EOY039378
IRS990/DelegationOfManagementDuties00
IRS990/DepreciationDepletion/Total01721367
IRS990/DescribedIn501C300
IRS990/Description0DISTRIBUTE ELECTRIC POWER TO APPROXIMATELY 5,000 MEMBERS.
IRS990/DisregardedEntity00
IRS990/DocumentRetentionPolicy00
IRS990/DonorAdvisedFunds00
IRS990/ElectionOfBoardMembers01
IRS990/EmploymentTaxReturnsFiled01
IRS990/Expense020166058
IRS990/FamilyOrBusinessRelationship00
IRS990/FederalGrantAuditRequired00
IRS990/FollowSFAS1170X
IRS990/ForeignActivities00
IRS990/ForeignFinancialAccount00
IRS990/ForeignOffice00
IRS990/Form8282PropertyDisposedOf00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek06.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek16.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek26.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek36.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek46.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek56.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek66.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek76.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek850.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector7X
IRS990/Form990PartVIISectionA/NamePerson0ELDON KNUTSON
IRS990/Form990PartVIISectionA/NamePerson1WARREN RAU
IRS990/Form990PartVIISectionA/NamePerson2ANNETTE STELZIG
IRS990/Form990PartVIISectionA/NamePerson3JAMES LARSON
IRS990/Form990PartVIISectionA/NamePerson4HAROLD JACOBSON
IRS990/Form990PartVIISectionA/NamePerson5LEFOREST GROFF
IRS990/Form990PartVIISectionA/NamePerson6ORVIN GRONSETH
IRS990/Form990PartVIISectionA/NamePerson7JEFF HUFFORD
IRS990/Form990PartVIISectionA/NamePerson8KORWIN JOHNSON
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/Officer4X
IRS990/Form990PartVIISectionA/Officer5X
IRS990/Form990PartVIISectionA/Officer6X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation70
IRS990/Form990PartVIISectionA/OtherCompensation850569
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization06000
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization17800
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization26900
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization36000
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization47050
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization53000
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization68275
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization73000
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization8167934
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/Title0DIRECTOR / PRESIDENT
IRS990/Form990PartVIISectionA/Title1DIRECTOR / VICE PRESIDENT
IRS990/Form990PartVIISectionA/Title2DIRECTOR / SECRETARY-TREASURER
IRS990/Form990PartVIISectionA/Title3PRESIDENT / DIRECTOR
IRS990/Form990PartVIISectionA/Title4VICE PRESIDENT / DIRECTOR
IRS990/Form990PartVIISectionA/Title5SECRETARY-TREASURER(UNTIL 6/1/12)
IRS990/Form990PartVIISectionA/Title6DIRECTOR
IRS990/Form990PartVIISectionA/Title7DIRECTOR
IRS990/Form990PartVIISectionA/Title8GENERAL MANAGER
IRS990/Form990ProvidedToGoverningBody01
IRS990/Form990-TFiled01
IRS990/FormersListed00
IRS990/FSAudited01
IRS990/FSAuditedBasis/FinancialStatementSeparate0X
IRS990/FundraisingActivities00
IRS990/GainOrLoss/Other02500
IRS990/Gaming00
IRS990/GrantsAndSimilarAmntsCY09507
IRS990/GrantsAndSimilarAmntsPriorYear00
IRS990/GrantsToDomesticOrgs/Total09507
IRS990/GrantsToIndividuals00
IRS990/GrantsToOrganizations00
IRS990/GrantToRelatedPerson00
IRS990/GrossAmountSalesAssets/Other02500
IRS990/GrossIncomeFromMembers019830457
IRS990/GrossIncomeOtherSources0152826
IRS990/GrossReceipts020470355
IRS990/GrossSalesOfInventory0126104
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt01
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartXI0X
IRS990/IntangibleAssets/BOY024092
IRS990/IntangibleAssets/EOY024092
IRS990/Interest/Total01172697
IRS990/InventoriesForSaleOrUse/BOY0476152
IRS990/InventoriesForSaleOrUse/EOY0846437
IRS990/InvestmentIncomeCurrentYear0115135
IRS990/InvestmentIncome/ExclusionAmount0112635
IRS990/InvestmentIncomePriorYear037345
IRS990/InvestmentIncome/TotalRevenueColumn0112635
IRS990/InvestmentInJointVenture01
IRS990/InvestmentsOtherSecurities/EOY0384488
IRS990/InvestmentsProgramRelated/BOY06151125
IRS990/InvestmentsProgramRelated/EOY06472097
IRS990/LandBldgEquipmentAccumDeprec024982432
IRS990/LandBuildingsEquipmentBasis058104181
IRS990/LandBuildingsEquipmentBasisNet/BOY032837303
IRS990/LandBuildingsEquipmentBasisNet/EOY033121749
IRS990/LessCostOthBasisSalesExpenses/Other00
IRS990/LoanToOfficerOrDQP00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders01
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees00
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0DISTRIBUTE ELECTRICITY TO MEMBERSHIP.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/MortNotesPyblSecuredInvestProp/BOY024806865
IRS990/MortNotesPyblSecuredInvestProp/EOY023442664
IRS990/NameOfPrincipalOfficerPerson0ELDON KNUTSON
IRS990/NbrIndependentVotingMembers07
IRS990/NbrVotingGoverningBodyMembers07
IRS990/NbrVotingMembersGoverningBody07
IRS990/NetAssetsOrFundBalancesBOY018816545
IRS990/NetAssetsOrFundBalancesEOY020121049
IRS990/NetGainOrLossInvestments/ExclusionAmount02500
IRS990/NetGainOrLossInvestments/TotalRevenueColumn02500
IRS990/NetIncomeOrLoss/RelatedOrExemptFunctionIncome0-12692
IRS990/NetIncomeOrLoss/TotalRevenueColumn0-10683
IRS990/NetIncomeOrLoss/UnrelatedBusinessRevenue02009
IRS990/NetUnrelatedBusinessTxblIncome016899
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith1096011
IRS990/NumberIndependentVotingMembers07
IRS990/NumberIndividualsGT100K01
IRS990/NumberOfContractorsGT100K02
IRS990/NumberOfEmployees032
IRS990/NumberW2GIncluded00
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c0X
IRS990/OtherAssetsTotal/BOY06198
IRS990/OtherAssetsTotal/EOY027639
IRS990/OtherExpensePriorYear017819720
IRS990/OtherExpensesCurrentYear015856227
IRS990/OtherExpenses/Description0COST OF POWER
IRS990/OtherExpenses/Description1DISTRIBUTION-MAINTENANC
IRS990/OtherExpenses/Description2DISTRIBUTION-OPERATIONS
IRS990/OtherExpenses/Description3ADMIN & GENERAL
IRS990/OtherExpenses/Total011505717
IRS990/OtherExpenses/Total11223406
IRS990/OtherExpenses/Total21091405
IRS990/OtherExpenses/Total31059686
IRS990/OtherLiabilities/BOY0111328
IRS990/OtherLiabilities/EOY0109798
IRS990/OtherRevenueCurrentYear0-10683
IRS990/OtherRevenuePriorYear0618269
IRS990/OtherSalariesAndWages/Total02057266
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/Total0158944
IRS990/PensionPlanContributions/Total0331203
IRS990/PoliticalActivities00
IRS990/PrepaidExpensesDeferredCharges/BOY0174901
IRS990/PrepaidExpensesDeferredCharges/EOY0181646
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0221000
IRS990/ProgramServiceRevenue/BusinessCode1221000
IRS990/ProgramServiceRevenue/BusinessCode2561499
IRS990/ProgramServiceRevenueCY020229116
IRS990/ProgramServiceRevenue/Description0SALE OF POWER
IRS990/ProgramServiceRevenue/Description1CAPITAL CREDITS
IRS990/ProgramServiceRevenue/Description2EQUITY EARNINGS
IRS990/ProgramServiceRevenue/ExclusionAmount038098
IRS990/ProgramServiceRevenuePriorYear018062267
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome019475945
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome1685067
IRS990/ProgramServiceRevenue/TotalRevenueColumn019475945
IRS990/ProgramServiceRevenue/TotalRevenueColumn1685067
IRS990/ProgramServiceRevenue/TotalRevenueColumn268104
IRS990/ProgramServiceRevenue/UnrelatedBusinessRevenue030006
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions00
IRS990/ReconcilationOtherChanges01136994
IRS990/ReconcilationRevenueExpenses0167510
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity01
IRS990/RelatedOrgControlledEntity01
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities00
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities01
IRS990/ReportProgRelInvest01
IRS990/RevenuesLessExpensesCY0167510
IRS990/RevenuesLessExpensesPriorYear0592093
IRS990/SalariesEtcCurrentYear02820536
IRS990/SalariesEtcPriorYear0252798
IRS990/SavingsAndTempCashInvestments/BOY05013590
IRS990/SavingsAndTempCashInvestments/EOY03481219
IRS990/ScheduleBRequired00
IRS990ScheduleD/Buildings/BookValue0502253
IRS990ScheduleD/Buildings/Depreciation0361521
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis0863774
IRS990ScheduleD/Equipment/BookValue0162737
IRS990ScheduleD/Equipment/Depreciation03110526
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis03273263
IRS990ScheduleD/ExpensesNotRptdF99000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt01479788
IRS990ScheduleD/ExpensesSubtotal018686270
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. THE COOPERATIVE BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE COOPERATIVE WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. GENERALLY, THE COOPERATIVE IS NO LONGER SUBJECT TO FEDERAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2009.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1ALLOCATION OF 2012 MARGINS TO MEMBERS IN 2013
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART X, LINE 2:
IRS990ScheduleD/InvestmentsProgramRelated/BookValue05266617
IRS990ScheduleD/InvestmentsProgramRelated/BookValue1541076
IRS990ScheduleD/InvestmentsProgramRelated/BookValue2229296
IRS990ScheduleD/InvestmentsProgramRelated/BookValue3136309
IRS990ScheduleD/InvestmentsProgramRelated/BookValue458952
IRS990ScheduleD/InvestmentsProgramRelated/BookValue568122
IRS990ScheduleD/InvestmentsProgramRelated/BookValue6146750
IRS990ScheduleD/InvestmentsProgramRelated/BookValue710005
IRS990ScheduleD/InvestmentsProgramRelated/BookValue81000
IRS990ScheduleD/InvestmentsProgramRelated/BookValue92500
IRS990ScheduleD/InvestmentsProgramRelated/BookValue105331
IRS990ScheduleD/InvestmentsProgramRelated/BookValue116139
IRS990ScheduleD/InvestmentsProgramRelated/Description0GREAT RIVER ENERGY
IRS990ScheduleD/InvestmentsProgramRelated/Description1NATIONAL RURAL UTILITIES COOP. FINANCE CORP.
IRS990ScheduleD/InvestmentsProgramRelated/Description2EAST RIVER ELECTRIC POWER COOPERATIVE, INC
IRS990ScheduleD/InvestmentsProgramRelated/Description3COBANK, PATRONAGE CAPITAL
IRS990ScheduleD/InvestmentsProgramRelated/Description4SWIFT COOPERATIVE OIL CO. PATRONAGE CAPITAL
IRS990ScheduleD/InvestmentsProgramRelated/Description5FEDERATED RURAL ELECTRIC INSURANCE EXCHANGE
IRS990ScheduleD/InvestmentsProgramRelated/Description6RURAL ELECTRIC SUPPLY COOPERATIVE
IRS990ScheduleD/InvestmentsProgramRelated/Description7CHIPPEWA VALLEY AGRAFUELS COOP. PATRONAGE CAPITAL
IRS990ScheduleD/InvestmentsProgramRelated/Description8NATIONAL RURAL TELECOMMUNICATIONS COOP. MEMBERSHIP
IRS990ScheduleD/InvestmentsProgramRelated/Description9COOPERATIVE RESPONSE CENTER, MEMBERSHIP
IRS990ScheduleD/InvestmentsProgramRelated/Description10NATIONAL INFORMATION SOLUTIONS COOPERATIVE, PATRONAGE CAPITAL
IRS990ScheduleD/InvestmentsProgramRelated/Description11OTHER
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation0C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation1C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation2C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation3C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation4C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation5C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation6C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation7C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation8C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation9C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation10C
IRS990ScheduleD/InvestmentsProgramRelated/MethodOfValuation11C
IRS990ScheduleD/Land/BookValue0107733
IRS990ScheduleD/Land/OtherCostOrOtherBasis0107733
IRS990ScheduleD/OtherExpensesNotIncluded01479788
IRS990ScheduleD/OtherLandBuildings/BookValue032349026
IRS990ScheduleD/OtherLandBuildings/Depreciation021510385
IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis053859411
IRS990ScheduleD/OtherLiabilities/Amount057624
IRS990ScheduleD/OtherLiabilities/Amount152174
IRS990ScheduleD/OtherLiabilities/Description0CONSUMER DEPOSITS
IRS990ScheduleD/OtherLiabilities/Description1PATRONAGE CAPITAL PAYABLE
IRS990ScheduleD/RevenueNotRptdF99000
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal020333568
IRS990ScheduleD/TotalExpensesPerForm990020166058
IRS990ScheduleD/TotalOfAmounts0109798
IRS990ScheduleD/TotalOfBookValueLandBuildings033121749
IRS990ScheduleD/TotalOfBookValueProgramRelated06472097
IRS990ScheduleD/TotalRevenuePerForm990020333568
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt018686270
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt020333568
IRS990ScheduleJ/BoardOrCommitteeApproval0X
IRS990ScheduleJ/EquityBasedCompArrangement00
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg0166659
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg035734
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0KORWIN JOHNSON
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg018367
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg01275
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/Title0GENERAL MANAGER
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0222035
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
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/Explanation3THE COOPERATIVE HAS NO COMMITTEES WITH BROAD AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/GeneralExplanation/Explanation4BOARD 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/Explanation5THE MANAGEMENT OF THE COOPERATIVE HANDLES ALL CONFLICTS OF INTEREST AS THEY ARISE.
IRS990ScheduleO/GeneralExplanation/Explanation6THE GENERAL MANAGERS SALARY IS COMPARED TO OTHER COOPERATIVES THROUGH INDUSTRY SURVERY AND APPROVED BY THE BOARD OF DIRECTORS. THIS PROCESS WAS LAST UNDERTAKEN ON NOVEMBER 1, 2012.
IRS990ScheduleO/GeneralExplanation/Explanation7GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation8ALLOCATION OF 2012 MARGINS TO MEMBERS IN 2013 1,479,788. RETIREMENT OF CAPITAL CREDITS -379,779. DISCOUNTS FROM EARLY RETIREMENT OF CAPITAL CREDITS - ESTATES 15,976. RETIRED UNCLAIMED CAPITAL CREDITS 21,009.
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 A, LINE 8B
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference8FORM 990, PART XI, LINE 9:
IRS990/ScheduleORequired01
IRS990ScheduleR/DividendsRelatedOrganization00
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine10PO BOX 228
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0BENSON
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0MN
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode056215
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg01
IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine10AGRALITE ELECTRIC COOPERATIVE
IRS990ScheduleR/Form990ScheduleRPartII/EIN0411731852
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection0501(C)(3)
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState0MN
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10AGRALITE ELECTRIC TRUST
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0CHARITABLE
IRS990ScheduleR/Form990ScheduleRPartII/PublicCharityStatus0LINE 7

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$46,414,750
Liabilities
$26,293,701
Net assets
$20,121,049
Revenue
-
Expenses
$20,166,058
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