Civic Intelligence

Boone Valley Electric Cooperative

EIN 42-0147800 • 501(c)12 • Renwick, IA

Profile

Provide affordable electric service.

PO Box 71Renwick, IA 50577

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

29th percentile

0.05x

Higher debt load relative to assets than 29% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

41st percentile

0.39x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2025

Net Margin

80th percentile

28%

Higher net margin than 80% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

82nd percentile

$13,200

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

501(c)12 • $1M-$5M nonprofits • Source year 2025

Asset Growth

58th percentile

2.5%

Faster asset growth than 58% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

13th percentile

-8.1%

Faster revenue growth than 13% of similar nonprofits.

501(c)12 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,519,440

Up $37,376 (+2.5%) from 2024

Liabilities

Down

$79,851

Down $6,944 (-8.0%) from 2024

Net Assets

Up

$1,439,589

Up $44,320 (+3.2%) from 2024

Revenue

Down

$205,405

Down $18,062 (-8.1%) from 2024

Expenses

Up

$147,886

Up $29,745 (+25%) from 2024

Net Income

Down

$57,519

Down $47,807 (-45%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $676,519Liabilities 2011: $66,357Net Assets 2011: $610,1622011Assets 2012: $692,839Liabilities 2012: $64,019Net Assets 2012: $628,8202012Assets 2013: $718,310Liabilities 2013: $74,784Net Assets 2013: $643,5262013Assets 2014: $762,486Liabilities 2014: $74,965Net Assets 2014: $687,5212014Assets 2015: $774,422Liabilities 2015: $59,688Net Assets 2015: $714,7342015Assets 2016: $872,697Liabilities 2016: $86,662Net Assets 2016: $786,0352016Assets 2017: $928,219Liabilities 2017: $88,036Net Assets 2017: $840,1832017Assets 2018: $1,054,987Liabilities 2018: $76,264Net Assets 2018: $978,7232018Assets 2019: $1,134,701Liabilities 2019: $97,262Net Assets 2019: $1,037,4392019Assets 2020: $1,285,422Liabilities 2020: $78,385Net Assets 2020: $1,207,0372020Assets 2021: $1,283,872Liabilities 2021: $61,595Net Assets 2021: $1,222,2772021Assets 2022: $1,468,952Liabilities 2022: $75,672Net Assets 2022: $1,393,2802022Assets 2023: $1,354,682Liabilities 2023: $67,356Net Assets 2023: $1,287,3262023Assets 2024: $1,482,064Liabilities 2024: $86,795Net Assets 2024: $1,395,2692024Assets 2025: $1,519,440Liabilities 2025: $79,851Net Assets 2025: $1,439,5892025

Highlighted filing

2025

Assets$1,519,440
Liabilities$79,851
Net Assets$1,439,589

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0Revenue 2011: $194,501Expenses 2011: $120,039Net Income 2011: $74,4622011Revenue 2012: $161,843Expenses 2012: $106,513Net Income 2012: $55,3302012Revenue 2013: $148,797Expenses 2013: $106,759Net Income 2013: $42,0382013Revenue 2014: $144,208Expenses 2014: $105,549Net Income 2014: $38,6592014Revenue 2015: $158,476Expenses 2015: $120,104Net Income 2015: $38,3722015Revenue 2016: $211,355Expenses 2016: $124,781Net Income 2016: $86,5742016Revenue 2017: $160,753Expenses 2017: $105,727Net Income 2017: $55,0262017Revenue 2018: $276,688Expenses 2018: $135,071Net Income 2018: $141,6172018Revenue 2019: $206,315Expenses 2019: $137,064Net Income 2019: $69,2512019Revenue 2020: $228,288Expenses 2020: $105,659Net Income 2020: $122,6292020Revenue 2021: $235,699Expenses 2021: $157,710Net Income 2021: $77,9892021Revenue 2022: $373,304Expenses 2022: $158,198Net Income 2022: $215,1062022Revenue 2023: $228,181Expenses 2023: $154,836Net Income 2023: $73,3452023Revenue 2024: $223,467Expenses 2024: $118,141Net Income 2024: $105,3262024Revenue 2025: $205,405Expenses 2025: $147,886Net Income 2025: $57,5192025

Highlighted filing

2025

Revenue$205,405
Expenses$147,886
Net Income$57,519

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.52$0.08$1.44$0.21$0.15$0.06
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.09$1.40$0.22$0.12$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.07$1.29$0.23$0.15$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.08$1.39$0.37$0.16$0.22
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.06$1.22$0.24$0.16$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.08$1.21$0.23$0.11$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.10$1.04$0.21$0.14$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.08$0.98$0.28$0.14$0.14
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.09$0.84$0.16$0.11$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.09$0.79$0.21$0.12$0.09
2015Summary only. Only limited summary data is available for this year.$0.77$0.06$0.71$0.16$0.12$0.04
2014Summary only. Only limited summary data is available for this year.$0.76$0.07$0.69$0.14$0.11$0.04
2013Summary only. Only limited summary data is available for this year.$0.72$0.07$0.64$0.15$0.11$0.04
2012Summary only. Only limited summary data is available for this year.$0.69$0.06$0.63$0.16$0.11$0.06
2011Summary only. Only limited summary data is available for this year.$0.68$0.07$0.61$0.19$0.12$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 23, 2026
Return Version
2025v4.0
Gross Receipts
$924,335
Mission and Program Overview

Mission

Provide affordable electric service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$988,476$985,010▼ $3,466
Pd in Cap Srpls Land Bldg Eqp Fund$406,233$454,009▲ $47,776
Savings and Temporary Cash Investments$317,971$327,394▲ $9,423
Cash and Non-Interest-Bearing Accounts$222,755$219,726▼ $3,029
Land, Buildings, and Equipment, Net$185,561$185,651▲ $90
Accounts Receivable$80,926$72,637▼ $8,289
Prepaid Expenses and Deferred Charges$4,365$6,298▲ $1,933
Inventories for Sale or Use$4,730$4,730→ $0
Cap Stk Tr Prin Current Funds$560$570▲ $10
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$1,482,064$1,519,440▲ $37,376
Other Assets Total$665,756$703,004▲ $37,248
Liabilities
Accounts Payable and Accrued Expenses$68,674$74,672▲ $5,998
Other Liabilities$18,121$5,179▼ $12,942
Total Liabilities$86,795$79,851▼ $6,944
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,395,269$1,439,589▲ $44,320
Total Liabilities and Net Assets / Fund Balance$1,482,064$1,519,440▲ $37,376

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$185,651$520,409$706,060
Other Assets Org$703,004--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Curtis MeinkeDirectorPT$13,200$13,200
Doug MartinSecretary-$4,700$4,700
Dave OdlandPresident-$1,200$1,200
Tom HuntleyDirector-$1,100$1,100
Travis TateDirector-$1,100$1,100
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$84,891
Other Revenue
$120,514
Change in Net Assets
$57,519
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$125,329
Salaries, Compensation, and Employee Benefits$22,557
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$21,300--$21,300
Depreciation Depletion$12,411--$12,411
Fees for Services Accounting$9,692--$9,692
Other Expenses$4,247--$4,247
Insurance$2,816--$2,816
All Other Expenses$2,034--$2,034
Payroll Taxes$1,257--$1,257
Advertising$91--$91
Total Functional Expenses$147,886$0$0$147,886
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Curtis MeinkeDirectorOffice RentNo-

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$2,706
Accrued Expenses$2,473
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

Boone Valley Electric Cooperative is a member owned rural electric cooperative utility serving 102 members at December 31, 2020..

Form 990, Part VI, Section B, Line 11B

The return is reviewed by the board of directors and manager.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Boone Valley Electric Cooperative
EIN
42-0147800
Phone
5158243565
Address
PO Box 71, Renwick, IA 50577

Signing Officer

Name
Dave Odland
Title
President
Signed
2026-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Curtis Meinke
Formed
1936
Legal Domicile
Ia
Voting Board Members
5
Independent Board Members
5
Employees
2

Preparer

Firm
Tp Anderson & Company Pc Cpas
Address
528 Sumner Avenue, HUMBOLDT, IA 50548
Preparer
Timothy L McCartan
Phone
5153323466
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Memberships = $10

Form 990, Part XI, Line 9

Patronage capital paid = -$13209

Financial Statement Notes

Part X : FIN48 Footnote

The organization is exempt from income taxes in accordance with Section 5012(c)12 of the Internal Revenue Code. As of December 31, 2025, the Company had not identified any uncertain income tax positions that would give rise to the recognition of income tax assets or liabilities under the new generally accepted accounting principles threshold. Because no uncertain income tax positions have been identified, no accrued interest or penalties have been accrued as of December 31, 2025. The Company files income tax returns in the U.S. federal jurisdictions. No returns have been subject to audit in any jurisdictions in the last 3 years and the statute of limitations for federal returns is generally three years. Management continues to monitor changes in tax law and new authoritative ruling for possible effects on the Company.

Raw XML Appendix357 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt068674
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt074672
IRS990/AccountsReceivableGrp/BOYAmt080926
IRS990/AccountsReceivableGrp/EOYAmt072637
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide affordable electric service.
IRS990/AdvertisingGrp/ProgramServicesAmt091
IRS990/AdvertisingGrp/TotalAmt091
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02034
IRS990/AllOtherExpensesGrp/TotalAmt02034
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Curtis Meinke
IRS990/BooksInCareOfDetail/PhoneNum05158253998
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01431 160th Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Goldfield
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050542
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0560
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0570
IRS990/CashNonInterestBearingGrp/BOYAmt0222755
IRS990/CashNonInterestBearingGrp/EOYAmt0219726
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt021300
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt021300
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt0718930
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt084891
IRS990/CYOtherExpensesAmt0125329
IRS990/CYOtherRevenueAmt0120514
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt057519
IRS990/CYSalariesCompEmpBnftPaidAmt022557
IRS990/CYTotalExpensesAmt0147886
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0205405
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt012411
IRS990/DepreciationDepletionGrp/TotalAmt012411
IRS990/Desc0Provide affordable electric service.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0147886
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt09692
IRS990/FeesForServicesAccountingGrp/TotalAmt09692
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Curtis Meinke
IRS990/Form990PartVIISectionAGrp/PersonNm1Doug Martin
IRS990/Form990PartVIISectionAGrp/PersonNm2Dave Odland
IRS990/Form990PartVIISectionAGrp/PersonNm3Tom Huntley
IRS990/Form990PartVIISectionAGrp/PersonNm4Travis Tate
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt013200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14700
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt41100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0924335
IRS990/GrossSalesOfInventoryAmt0836290
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt02816
IRS990/InsuranceGrp/TotalAmt02816
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt04730
IRS990/InventoriesForSaleOrUseGrp/EOYAmt04730
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt084891
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt084891
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0520409
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0185561
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0185651
IRS990/LandBldgEquipCostOrOtherBssAmt0706060
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide affordable electric service.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01395269
IRS990/NetAssetsOrFundBalancesEOYAmt01439589
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0117360
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0117360
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0665756
IRS990/OtherAssetsTotalGrp/EOYAmt0703004
IRS990/OtherChangesInNetAssetsAmt0-13199
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0O/H Line Maintenance
IRS990/OtherExpensesGrp/Desc1Office Rent
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/Desc3Dues and Subscriptions
IRS990/OtherExpensesGrp/ProgramServicesAmt056504
IRS990/OtherExpensesGrp/ProgramServicesAmt124100
IRS990/OtherExpensesGrp/ProgramServicesAmt213434
IRS990/OtherExpensesGrp/ProgramServicesAmt34247
IRS990/OtherExpensesGrp/TotalAmt056504
IRS990/OtherExpensesGrp/TotalAmt124100
IRS990/OtherExpensesGrp/TotalAmt213434
IRS990/OtherExpensesGrp/TotalAmt34247
IRS990/OtherLiabilitiesGrp/BOYAmt018121
IRS990/OtherLiabilitiesGrp/EOYAmt05179
IRS990/OtherRevenueTotalAmt03154
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt01257
IRS990/PayrollTaxesGrp/TotalAmt01257
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0406233
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0454009
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04365
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06298
IRS990/PrincipalOfficerNm0Curtis Meinke
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt092276
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt097984
IRS990/PYOtherRevenueAmt0131191
IRS990/PYRevenuesLessExpensesAmt0105326
IRS990/PYSalariesCompEmpBnftPaidAmt020157
IRS990/PYTotalExpensesAmt0118141
IRS990/PYTotalRevenueAmt0223467
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt057519
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0988476
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0985010
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0317971
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0327394
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0185651
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0520409
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0706060
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0703004
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Investment in associated organizations
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02473
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12706
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Expenses
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Customer Deposits
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The organization is exempt from income taxes in accordance with Section 5012(c)12 of the Internal Revenue Code. As of December 31, 2025, the Company had not identified any uncertain income tax positions that would give rise to the recognition of income tax assets or liabilities under the new generally accepted accounting principles threshold. Because no uncertain income tax positions have been identified, no accrued interest or penalties have been accrued as of December 31, 2025. The Company files income tax returns in the U.S. federal jurisdictions. No returns have been subject to audit in any jurisdictions in the last 3 years and the statute of limitations for federal returns is generally three years. Management continues to monitor changes in tax law and new authoritative ruling for possible effects on the Company.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0185651
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0703004
IRS990ScheduleD/TotalLiabilityAmt05179
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Curtis Meinke
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Office Rent
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Boone Valley Electric Cooperative is a member owned rural electric cooperative utility serving 102 members at December 31, 2020..
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The return is reviewed by the board of directors and manager.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization's governing documents and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Memberships = $10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Patronage capital paid = -$13209
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01482064
IRS990/TotalAssetsEOYAmt01519440
IRS990/TotalAssetsGrp/BOYAmt01482064
IRS990/TotalAssetsGrp/EOYAmt01519440
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0147886
IRS990/TotalFunctionalExpensesGrp/TotalAmt0147886
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt086795
IRS990/TotalLiabilitiesEOYAmt079851
IRS990/TotalLiabilitiesGrp/BOYAmt086795
IRS990/TotalLiabilitiesGrp/EOYAmt079851
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01395269
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01439589
IRS990/TotalProgramServiceExpensesAmt0147886
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt021300
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0205405
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0205405
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01482064
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01519440
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01431 160th Street
IRS990/USAddress/CityNm0Goldfield
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050542
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dave Odland
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Boone Valley Electric Cooperative
ReturnHeader/Filer/BusinessNameControlTxt0BOON
ReturnHeader/Filer/EIN0420147800
ReturnHeader/Filer/PhoneNum05158243565
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 71
ReturnHeader/Filer/USAddress/CityNm0Renwick
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050577
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391894710
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TP ANDERSON & COMPANY PC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0528 Sumner Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HUMBOLDT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050548
ReturnHeader/PreparerPersonGrp/PhoneNum05153323466
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Timothy L McCartan
ReturnHeader/ReturnTs02026-03-23T05:58:49-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

Document Assets

No mirrored PDF or thumbnail assets are attached yet.