Civic Intelligence

Midwest Energy Association

990 • Fiscal year 2015 • EIN 41-0855255

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 31, 2016

7825 Telegraph RoadBloomington, MN 55438

(651) 289-9600

Siviq Scores

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

Liabilities / Assets

46th percentile

0.21x

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

2015 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

45th percentile

0.26x

Higher debt load relative to revenue than 45% of similar nonprofits.

2015 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2015

Net Margin

46th percentile

3.5%

Higher net margin than 46% of similar nonprofits.

2015 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

41st percentile

$227,497

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2015 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2015

Asset Growth

42nd percentile

0.5%

Faster asset growth than 42% of similar nonprofits.

2015 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

28th percentile

-2.2%

Faster revenue growth than 28% of similar nonprofits.

2015 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$6,206,555

Up $31,955 (+0.5%) from 2014

Net Assets

Up

$4,907,334

Up $144,759 (+3.0%) from 2014

Liabilities

Down

$1,299,221

Down $112,804 (-8.0%) from 2014

Revenue

Down

$4,920,497

Down $109,802 (-2.2%) from 2014

Expenses

Up

$4,749,116

Up $467,961 (+11%) from 2014

Net Income

Down

$171,381

Down $577,763 (-77%) from 2014

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $4,361,554Liabilities 2011: $1,159,975Net Assets 2011: $3,201,5792011Assets 2012: $4,255,390Liabilities 2012: $612,131Net Assets 2012: $3,643,2592012Assets 2013: $5,303,357Liabilities 2013: $1,325,953Net Assets 2013: $3,977,4042013Assets 2014: $6,174,600Liabilities 2014: $1,412,025Net Assets 2014: $4,762,5752014Assets 2015: $6,206,555Liabilities 2015: $1,299,221Net Assets 2015: $4,907,3342015Assets 2016: $6,407,749Liabilities 2016: $1,212,565Net Assets 2016: $5,195,1842016Assets 2017: $6,604,609Liabilities 2017: $1,147,851Net Assets 2017: $5,456,7582017Assets 2018: $7,199,013Liabilities 2018: $1,565,210Net Assets 2018: $5,633,8032018Assets 2019: $7,584,773Liabilities 2019: $1,561,927Net Assets 2019: $6,022,8462019Assets 2020: $9,471,920Liabilities 2020: $3,408,995Net Assets 2020: $6,062,9252020Assets 2021: $11,233,346Liabilities 2021: $3,058,132Net Assets 2021: $8,175,2142021Assets 2022: $11,082,322Liabilities 2022: $2,933,957Net Assets 2022: $8,148,3652022Assets 2023: $10,817,578Liabilities 2023: $2,333,754Net Assets 2023: $8,483,8242023Assets 2024: $9,043,397Liabilities 2024: $2,306,889Net Assets 2024: $6,736,5082024

Highlighted filing

2015

Assets$6,206,555
Liabilities$1,299,221
Net Assets$4,907,334

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $3,363,8412011Expenses 2012: $3,668,2872012Revenue 2013: $4,066,014Expenses 2013: $3,782,090Net Income 2013: $283,9242013Revenue 2014: $5,030,299Expenses 2014: $4,281,155Net Income 2014: $749,1442014Revenue 2015: $4,920,497Expenses 2015: $4,749,116Net Income 2015: $171,3812015Revenue 2016: $5,193,783Expenses 2016: $4,942,162Net Income 2016: $251,6212016Revenue 2017: $5,884,532Expenses 2017: $5,728,367Net Income 2017: $156,1652017Revenue 2018: $6,170,721Expenses 2018: $5,824,374Net Income 2018: $346,3472018Revenue 2019: $6,173,418Expenses 2019: $6,448,271Net Income 2019: -$274,8532019Revenue 2020: $4,144,878Expenses 2020: $4,265,050Net Income 2020: -$120,1722020Revenue 2021: $6,357,097Expenses 2021: $4,416,372Net Income 2021: $1,940,7252021Revenue 2022: $6,986,236Expenses 2022: $5,793,748Net Income 2022: $1,192,4882022Revenue 2023: $6,874,618Expenses 2023: $6,920,147Net Income 2023: -$45,5292023Revenue 2024: $5,774,791Expenses 2024: $7,638,617Net Income 2024: -$1,863,8262024

Highlighted filing

2015

Revenue$4,920,497
Expenses$4,749,116
Net Income$171,381
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 31, 2016
Return Version
2015v2.1
Gross Receipts
$4,920,497
Mission and Program Overview

Mission

To make utility distribution safer and more efficient.

Promotion of the Energy and Gas Industries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$4,762,575$4,907,334▲ $144,759
Savings and Temporary Cash Investments$4,956,811$3,832,134▼ $1,124,677
Land, Buildings, and Equipment, Net$547,425$1,655,016▲ $1,107,591
Cash and Non-Interest-Bearing Accounts$626,681$539,702▼ $86,979
Prepaid Expenses and Deferred Charges$43,683$179,703▲ $136,020
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$6,174,600$6,206,555▲ $31,955
Liabilities
Deferred Revenue$870,277$655,211▼ $215,066
Accounts Payable and Accrued Expenses$539,372$641,699▲ $102,327
Other Liabilities$2,376$2,311▼ $65
Total Liabilities$1,412,025$1,299,221▼ $112,804
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,762,575$4,907,334▲ $144,759
Total Liabilities and Net Assets / Fund Balance$6,174,600$6,206,555▲ $31,955

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,021,271$146,731$1,168,002
Land$535,067-$535,067
Equipment$10,622$409,218$419,840
Leasehold Improvements$88,056$19,049$107,105
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
van Beek Patrick DsecretaryFT$213,618$13,879$227,497
Szambelan DonaldSenior VP & CLOFT$124,068$10,828$134,896
Vita MartyDirector of eLearningFT$107,993$9,062$117,055
Gann JohnVP Program ServicesFT$106,688$9,474$116,162
Halek ThomasVP MarketingFT$93,102$6,982$100,084
Luck CeciliaChief Administration OfficFT$79,598$8,531$88,129
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,880,200
Investment Income
$40,297
Other Revenue
$0
Change in Net Assets
$171,381

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,920,497
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-26,622
Total Revenue per Audited Statements
$4,893,875
Total Revenue per Form 990
$4,920,497
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,386,660
Salaries, Compensation, and Employee Benefits$2,362,456
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,172,708
Current Officers, Directors, Trustees, and Key Employees---$783,823
Conferences and Meetings---$755,352
Other Employee Benefits---$209,526
Occupancy---$165,398
Payroll Taxes---$143,759
All Other Expenses---$88,209
Advertising---$55,524
Pension Plan Contributions---$52,640
Travel---$50,794
Information Technology---$44,485
Depreciation Depletion---$41,590
Office Expenses---$27,535
Insurance---$26,975
Other Expenses---$23,357
Fees for Services Accounting---$17,678
Fees for Services Legal---$15,583
Fees for Services Other---$86
Total Functional Expenses$0$0$0$4,749,116

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,749,116
Total Expenses per Audited Statements$4,749,116
Total Expenses per Form 990$4,749,116
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation Payable$2,311
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The organization is a membership trade association.

Form 990, Part VI, Section A, line 7A

The members of the organization annually elect the Board of Directors.

Form 990, Part VI, Section B, line 11

An electronic copy of the Form 990 is sent to each member of the board and all questions or comments are reviewed prior to filing.

Form 990, Part VI, Section B, line 12C

Board members are asked to disclose potential conflicts of interest at each board meeting.

Form 990, Part VI, Section B, line 15

The executive committee of the board of directors reviews compensation data available for comparable organizations and approves compensation for the president. Compensation for other key employees is approved by the executive committee based on the recommendation of the president.

Form 990, Part VI, Section C, line 19

Copies of organizational documents, policy statements, and financial statements are provided to the public upon request made in writing to our office.

Filing and Contact Details

Filer

Filer Name
Midwest ENERGY Association
EIN
41-0855255
Phone
6512899600
Address
7825 Telegraph Road, Bloomington, MN 55438

Signing Officer

Name
Patrick Van Beek
Title
Secretary
Phone
9512899600
Signed
2016-03-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Van Beek
Formed
1905
Legal Domicile
Mn
Voting Board Members
31
Independent Board Members
30
Employees
29
Volunteers
0

Preparer

Firm
Wilkerson Guthmann & Johnson Ltd
Address
1210 West County Road E Ste 100, Arden Hills, MN 55112
Preparer
Barbara L Buckley
Phone
6512221801
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization's board of directors is responsible for oversight of the audit and selection of the independent accountant. This process has not changed from the prior year.

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IRS990/Form990PartVIISectionAGrp/PersonNm34Halek Thomas
IRS990/Form990PartVIISectionAGrp/PersonNm35Vita Marty
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt300
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt350
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt11st Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt22nd Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Past Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt6director
IRS990/Form990PartVIISectionAGrp/TitleTxt7director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25Director
IRS990/Form990PartVIISectionAGrp/TitleTxt26Director
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director
IRS990/Form990PartVIISectionAGrp/TitleTxt28Director
IRS990/Form990PartVIISectionAGrp/TitleTxt29Director
IRS990/Form990PartVIISectionAGrp/TitleTxt30Director
IRS990/Form990PartVIISectionAGrp/TitleTxt31VP Program Services
IRS990/Form990PartVIISectionAGrp/TitleTxt32Senior VP & CLO
IRS990/Form990PartVIISectionAGrp/TitleTxt33Chief Administration Offic
IRS990/Form990PartVIISectionAGrp/TitleTxt34VP Marketing
IRS990/Form990PartVIISectionAGrp/TitleTxt35Director of eLearning
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01905
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt031
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04920497
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt030
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt044485
IRS990/InsuranceGrp/TotalAmt026975
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt040297
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt040297
IRS990/InvestmentInJointVentureInd00
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IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt01655016
IRS990/LandBldgEquipCostOrOtherBssAmt02230014
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To make utility distribution safer and more efficient.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04762575
IRS990/NetAssetsOrFundBalancesEOYAmt04907334
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-26622
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0165398
IRS990/OfficeExpensesGrp/TotalAmt027535
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0209526
IRS990/OtherExpensesGrp/Desc0Member Education and Tr
IRS990/OtherExpensesGrp/Desc1Credit Card Fees
IRS990/OtherExpensesGrp/Desc2Staff Training
IRS990/OtherExpensesGrp/Desc3Equipment Expenses
IRS990/OtherExpensesGrp/TotalAmt0999335
IRS990/OtherExpensesGrp/TotalAmt148945
IRS990/OtherExpensesGrp/TotalAmt225814
IRS990/OtherExpensesGrp/TotalAmt323357
IRS990/OtherLiabilitiesGrp/BOYAmt02376
IRS990/OtherLiabilitiesGrp/EOYAmt02311
IRS990/OtherSalariesAndWagesGrp/TotalAmt01172708
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0143759
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.04$2.31$6.74$5.77$7.64$1.86
2023Detailed filing. Detailed filing data is available for this year.$10.8$2.33$8.48$6.87$6.92$0.05
2022Detailed filing. Detailed filing data is available for this year.$11.1$2.93$8.15$6.99$5.79$1.19
2021Detailed filing. Detailed filing data is available for this year.$11.2$3.06$8.18$6.36$4.42$1.94
2020Detailed filing. Detailed filing data is available for this year.$9.47$3.41$6.06$4.14$4.27$0.12
2019Detailed filing. Detailed filing data is available for this year.$7.58$1.56$6.02$6.17$6.45$0.27
2018Detailed filing. Detailed filing data is available for this year.$7.20$1.57$5.63$6.17$5.82$0.35
2017Detailed filing. Detailed filing data is available for this year.$6.60$1.15$5.46$5.88$5.73$0.16
2016Detailed filing. Detailed filing data is available for this year.$6.41$1.21$5.20$5.19$4.94$0.25
2015Detailed filing. Detailed filing data is available for this year.$6.21$1.30$4.91$4.92$4.75$0.17
2014Detailed filing. Detailed filing data is available for this year.$6.17$1.41$4.76$5.03$4.28$0.75
2013Detailed filing. Detailed filing data is available for this year.$5.30$1.33$3.98$4.07$3.78$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.26$0.61$3.64$3.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.36$1.16$3.20$3.36