Civic Intelligence

Boone Valley Electric Cooperative

990 • Fiscal year 2016 • EIN 42-0147800

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 18, 2017

Organization ProfileN/A
PO Box 71Renwick, IA 50577

(515) 824-3565

Siviq Scores

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

Liabilities / Assets

49th percentile

0.10x

Higher debt load relative to assets than 49% of similar nonprofits.

2016 filings • 501(c)12 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

54th percentile

0.41x

Higher debt load relative to revenue than 54% of similar nonprofits.

2016 filings • 501(c)12 • $500k-$1M nonprofits • Source year 2016

Net Margin

93rd percentile

41%

Higher net margin than 93% of similar nonprofits.

2016 filings • 501(c)12 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

88th percentile

$12,500

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2016 filings • 501(c)12 • $500k-$1M nonprofits • Source year 2016

Asset Growth

87th percentile

13%

Faster asset growth than 87% of similar nonprofits.

2016 filings • 501(c)12 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

90th percentile

33%

Faster revenue growth than 90% of similar nonprofits.

2016 filings • 501(c)12 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$872,697

Up $98,275 (+13%) from 2015

Net Assets

Up

$786,035

Up $71,301 (+10.0%) from 2015

Liabilities

Up

$86,662

Up $26,974 (+45%) from 2015

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin93rd percentile

Revenue

Up

$211,355

Up $52,879 (+33%) from 2015

Expenses

Up

$124,781

Up $4,677 (+3.9%) from 2015

Net Income

Up

$86,574

Up $48,202 (+126%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$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

2016

Assets$872,697
Liabilities$86,662
Net Assets$786,035
Open 2016 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$211,355
Expenses$124,781
Net Income$86,574
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 18, 2017
Return Version
2016v3.0
Gross Receipts
$923,375
Mission and Program Overview

Mission

Provide affordable electric service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$452,300$525,391▲ $73,091
Pd in Cap Srpls Land Bldg Eqp Fund$261,839$260,049▼ $1,790
Savings and Temporary Cash Investments$199,330$200,005▲ $675
Land, Buildings, and Equipment, Net$159,031$149,098▼ $9,933
Cash and Non-Interest-Bearing Accounts$93,996$117,399▲ $23,403
Accounts Receivable$60,251$61,867▲ $1,616
Inventories for Sale or Use$4,730$4,730→ $0
Prepaid Expenses and Deferred Charges$3,009$2,475▼ $534
Cap Stk Tr Prin Current Funds$595$595→ $0
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$774,422$872,697▲ $98,275
Other Assets Total$254,075$337,123▲ $83,048
Liabilities
Accounts Payable and Accrued Expenses$52,910$79,765▲ $26,855
Other Liabilities$6,778$6,897▲ $119
Total Liabilities$59,688$86,662▲ $26,974
Net Assets / Fund Balance
Total Net Assets Fund Balance$714,734$786,035▲ $71,301
Total Liabilities and Net Assets / Fund Balance$774,422$872,697▲ $98,275

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$149,098$413,362$562,460
Other Assets Org$337,123--
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Curtis MeinkeDirectorPT$12,500$12,500
Doug MartinSecretary-$1,600$1,600
Dave OdlandPresident-$450$450
Tom HuntleyDirector-$450$450
Travis TateDirector-$450$450
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$95,533
Other Revenue
$115,822
Change in Net Assets
$86,574
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$108,185
Salaries, Compensation, and Employee Benefits$16,596
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$15,450--$15,450
Depreciation Depletion$9,933--$9,933
Fees for Services Other$7,430--$7,430
Fees for Services Accounting$6,017--$6,017
All Other Expenses$5,442--$5,442
Other Expenses$4,100--$4,100
Insurance$3,280--$3,280
Payroll Taxes$1,146--$1,146
Advertising$1,000--$1,000
Total Functional Expenses$124,781$0$0$124,781
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Curtis MeinkeDirectorOffice RentNo$14,150

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
Accrued Expenses$4,126
Customer Deposits$2,771
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
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
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, Line 6: Explanation of Classes of Members or Shareholder

“Boone Valley Electric Cooperative is a member owned rural electric cooperative utility serving 115 members at December 31, 2016.”

Form 990, Part VI, Line 11B: Form 990 Review Process

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

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“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
2017-03-18
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 50548-0509
Preparer
Timothy P Anderson
Phone
5153323466
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Patronage Capital paid = -$15437”

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, 2016, 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, 2016. 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 Appendix375 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/BOYAmt052910
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt079765
IRS990/AccountsReceivableGrp/BOYAmt060251
IRS990/AccountsReceivableGrp/EOYAmt061867
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Provide affordable electric service.
IRS990/AdvertisingGrp/ProgramServicesAmt01000
IRS990/AdvertisingGrp/TotalAmt01000
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/ProgramServicesAmt05442
IRS990/AllOtherExpensesGrp/TotalAmt05442
IRS990/AnnualDisclosureCoveredPrsnInd0false
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/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt0595
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt0595
IRS990/CashNonInterestBearingGrp/BOYAmt093996
IRS990/CashNonInterestBearingGrp/EOYAmt0117399
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt015450
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt015450
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt0712020
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt095533
IRS990/CYOtherExpensesAmt0108185
IRS990/CYOtherRevenueAmt0115822
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt086574
IRS990/CYSalariesCompEmpBnftPaidAmt016596
IRS990/CYTotalExpensesAmt0124781
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0211355
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt09933
IRS990/DepreciationDepletionGrp/TotalAmt09933
IRS990/Desc0Provide affordable electric service.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0124781
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt06017
IRS990/FeesForServicesAccountingGrp/TotalAmt06017
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt07430
IRS990/FeesForServicesOtherGrp/TotalAmt07430
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/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt220.00
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/PersonNm0Tom Huntley
IRS990/Form990PartVIISectionAGrp/PersonNm1Dave Odland
IRS990/Form990PartVIISectionAGrp/PersonNm2Curtis Meinke
IRS990/Form990PartVIISectionAGrp/PersonNm3Doug Martin
IRS990/Form990PartVIISectionAGrp/PersonNm4Travis Tate
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt212500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
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/GrossReceiptsAmt0923375
IRS990/GrossSalesOfInventoryAmt0827842
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt03280
IRS990/InsuranceGrp/TotalAmt03280
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt04730
IRS990/InventoriesForSaleOrUseGrp/EOYAmt04730
IRS990/InvestmentIncomeGrp/ExclusionAmt095533
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt095533
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0413362
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0159031
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0149098
IRS990/LandBldgEquipCostOrOtherBssAmt0562460
IRS990/LegalDomicileStateCd0IA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt0827842
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide affordable electric service.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0714734
IRS990/NetAssetsOrFundBalancesEOYAmt0786035
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0115822
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0115822
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0164
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0254075
IRS990/OtherAssetsTotalGrp/EOYAmt0337123
IRS990/OtherChangesInNetAssetsAmt0-15437
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0O/H Line Maintenance
IRS990/OtherExpensesGrp/Desc1Office Rent
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3Dues and Subscriptions
IRS990/OtherExpensesGrp/ProgramServicesAmt045722
IRS990/OtherExpensesGrp/ProgramServicesAmt114650
IRS990/OtherExpensesGrp/ProgramServicesAmt210611
IRS990/OtherExpensesGrp/ProgramServicesAmt34100
IRS990/OtherExpensesGrp/TotalAmt045722
IRS990/OtherExpensesGrp/TotalAmt114650
IRS990/OtherExpensesGrp/TotalAmt210611
IRS990/OtherExpensesGrp/TotalAmt34100
IRS990/OtherLiabilitiesGrp/BOYAmt06778
IRS990/OtherLiabilitiesGrp/EOYAmt06897
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherSourcesGrossIncomeAmt095697
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt01146
IRS990/PayrollTaxesGrp/TotalAmt01146
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0261839
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0260049
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03009
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02475
IRS990/PrincipalOfficerNm0Curtis Meinke
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt039329
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0103645
IRS990/PYOtherRevenueAmt0119147
IRS990/PYRevenuesLessExpensesAmt038372
IRS990/PYSalariesCompEmpBnftPaidAmt016459
IRS990/PYTotalExpensesAmt0120104
IRS990/PYTotalRevenueAmt0158476
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt086574
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0452300
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0525391
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0199330
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0200005
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0149098
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0413362
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0562460
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0337123
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Investment in associated organizations
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04126
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12771
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, 2016, 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, 2016. 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/TotalBookValueLandBuildingsAmt0149098
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0337123
IRS990ScheduleD/TotalLiabilityAmt06897
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Curtis Meinke
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt014150
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Office Rent
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Boone Valley Electric Cooperative is a member owned rural electric cooperative utility serving 115 members at December 31, 2016.
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/ExplanationTxt3Patronage Capital paid = -$15437
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0774422
IRS990/TotalAssetsEOYAmt0872697
IRS990/TotalAssetsGrp/BOYAmt0774422
IRS990/TotalAssetsGrp/EOYAmt0872697
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0124781
IRS990/TotalFunctionalExpensesGrp/TotalAmt0124781
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt059688
IRS990/TotalLiabilitiesEOYAmt086662
IRS990/TotalLiabilitiesGrp/BOYAmt059688
IRS990/TotalLiabilitiesGrp/EOYAmt086662
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0714734
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0786035
IRS990/TotalProgramServiceExpensesAmt0124781
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt015450
IRS990/TotalRevenueGrp/ExclusionAmt095533
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0115822
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0211355
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0774422
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0872697
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dave Odland
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-18
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/PreparerFirmName/BusinessNameLine1Txt0TP ANDERSON & COMPANY PC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0528 Sumner Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HUMBOLDT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0505480509
ReturnHeader/PreparerPersonGrp/PhoneNum05153323466
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Timothy P Anderson
ReturnHeader/ReturnTs02017-03-18T13:30:26-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$872,697
Liabilities
$86,662
Net assets
$786,035
Revenue
$211,355
Expenses
$124,781
Net income
$86,574
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
2016Detailed filing. Detailed filing data is available for this year.$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