Civic Intelligence

Guthrie County Rural Electric

EIN 42-0288775 • 501(c)12 • Guthrie Center, IA

View Organization Page

Profile

Strive to deliver the best power solutions to our cooperative members and communities.

PO Box 7Guthrie Center, IA 50115

www.guthrie-rec.coop

Siviq Scores

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

Liabilities / Assets

67th percentile

0.55x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)12 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

39th percentile

1.20x

Higher debt load relative to revenue than 39% of similar nonprofits.

501(c)12 • $25M-$50M nonprofits • Source year 2024

Net Margin

50th percentile

2.8%

Higher net margin than 50% of similar nonprofits.

501(c)12 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

33rd percentile

$176,069

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

501(c)12 • $25M-$50M nonprofits • Source year 2024

Asset Growth

92nd percentile

17%

Faster asset growth than 92% of similar nonprofits.

501(c)12 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

32nd percentile

1.2%

Faster revenue growth than 32% of similar nonprofits.

501(c)12 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$37,146,762

Up $5,309,293 (+17%) from 2023

Liabilities

Up

$20,477,704

Up $4,278,706 (+26%) from 2023

Net Assets

Up

$16,669,058

Up $1,030,587 (+6.6%) from 2023

Operations
Liabilities / Revenue39th percentileNet Margin50th percentile

Revenue

Up

$17,076,383

Up $195,082 (+1.2%) from 2023

Expenses

Down

$16,591,143

Down $57,366 (-0.3%) from 2023

Net Income

Up

$485,240

Up $252,448 (+108%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth92nd percentile

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

$40M$30M$20M$10M$0Assets 2010: $26,032,826Liabilities 2010: $17,337,754Net Assets 2010: $8,695,0722010Assets 2011: $24,087,037Liabilities 2011: $15,231,495Net Assets 2011: $8,855,5422011Assets 2012: $25,561,865Liabilities 2012: $16,599,431Net Assets 2012: $8,962,4342012Assets 2013: $31,266,083Liabilities 2013: $19,719,224Net Assets 2013: $11,546,8592013Assets 2014: $27,970,522Liabilities 2014: $14,898,409Net Assets 2014: $13,072,1132014Assets 2015: $30,223,886Liabilities 2015: $16,363,789Net Assets 2015: $13,860,0972015Assets 2016: $29,656,817Liabilities 2016: $15,564,729Net Assets 2016: $14,092,0882016Assets 2017: $29,231,037Liabilities 2017: $14,659,777Net Assets 2017: $14,571,2602017Assets 2018: $32,616,402Liabilities 2018: $18,176,634Net Assets 2018: $14,439,7682018Assets 2019: $32,028,148Liabilities 2019: $17,515,003Net Assets 2019: $14,513,1452019Assets 2020: $32,555,175Liabilities 2020: $17,358,565Net Assets 2020: $15,196,6102020Assets 2021: $31,238,141Liabilities 2021: $15,774,073Net Assets 2021: $15,464,0682021Assets 2022: $32,676,543Liabilities 2022: $17,180,188Net Assets 2022: $15,496,3552022Assets 2023: $31,837,469Liabilities 2023: $16,198,998Net Assets 2023: $15,638,4712023Assets 2024: $37,146,762Liabilities 2024: $20,477,704Net Assets 2024: $16,669,0582024

Highlighted filing

2024

Assets$37,146,762
Liabilities$20,477,704
Net Assets$16,669,058
Open 2024 Filing

Operations Trend

Revenue Growth32nd percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $13,376,7772010Revenue 2011: $13,825,650Expenses 2011: $13,825,650Net Income 2011: $02011Revenue 2012: $13,807,860Expenses 2012: $13,807,860Net Income 2012: $02012Revenue 2013: $16,683,434Expenses 2013: $14,683,430Net Income 2013: $2,000,0042013Revenue 2014: $15,634,920Expenses 2014: $14,634,919Net Income 2014: $1,000,0012014Revenue 2015: $15,358,685Expenses 2015: $15,358,687Net Income 2015: -$22015Revenue 2016: $14,959,569Expenses 2016: $14,959,569Net Income 2016: $02016Revenue 2017: $15,044,108Expenses 2017: $15,044,108Net Income 2017: $02017Revenue 2018: $15,028,381Expenses 2018: $15,028,381Net Income 2018: $02018Revenue 2019: $15,275,453Expenses 2019: $15,353,355Net Income 2019: -$77,9022019Revenue 2020: $15,252,809Expenses 2020: $14,844,559Net Income 2020: $408,2502020Revenue 2021: $15,583,470Expenses 2021: $15,395,456Net Income 2021: $188,0142021Revenue 2022: $16,347,009Expenses 2022: $16,161,984Net Income 2022: $185,0252022Revenue 2023: $16,881,301Expenses 2023: $16,648,509Net Income 2023: $232,7922023Revenue 2024: $17,076,383Expenses 2024: $16,591,143Net Income 2024: $485,2402024

Highlighted filing

2024

Revenue$17,076,383
Expenses$16,591,143
Net Income$485,240
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$37,146,762
Liabilities
$20,477,704
Net assets
$16,669,058
Revenue
$17,076,383
Expenses
$16,591,143
Net income
$485,240
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.1$20.5$16.7$17.1$16.6$0.49
2023Summary only. Only limited summary data is available for this year.$31.8$16.2$15.6$16.9$16.6$0.23
2022Summary only. Only limited summary data is available for this year.$32.7$17.2$15.5$16.3$16.2$0.19
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.2$15.8$15.5$15.6$15.4$0.19
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.6$17.4$15.2$15.3$14.8$0.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.0$17.5$14.5$15.3$15.4$0.08
2018Summary only. Only limited summary data is available for this year.$32.6$18.2$14.4$15.0$15.0$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.2$14.7$14.6$15.0$15.0$0.00
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.7$15.6$14.1$15.0$15.0$0.00
2015Detailed filing. Detailed filing data is available for this year.$30.2$16.4$13.9$15.4$15.4$0.00
2014Detailed filing. Detailed filing data is available for this year.$28.0$14.9$13.1$15.6$14.6$1.00
2013Detailed filing. Detailed filing data is available for this year.$31.3$19.7$11.5$16.7$14.7$2.00
2012Summary only. Only limited summary data is available for this year.$25.6$16.6$8.96$13.8$13.8$0.00
2011Summary only. Only limited summary data is available for this year.$24.1$15.2$8.86$13.8$13.8$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.0$17.3$8.70$13.4
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 3, 2025
Return Version
2024v5.2
Gross Receipts
$17,269,396
Mission and Program Overview

Mission

Strive to deliver the best power solutions to our cooperative members and communities.

Sale of electricity to members in rural locations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,997,713$26,370,552▲ $3,372,839
Rtn Earn Endowment Incm Other Fnds$15,638,471$16,669,058▲ $1,030,587
Investments Program Related$4,407,777$4,982,076▲ $574,299
Savings and Temporary Cash Investments$1,103,562$1,803,503▲ $699,941
Accounts Receivable$949,669$1,437,329▲ $487,660
Inventories for Sale or Use$1,044,150$1,182,838▲ $138,688
Investments Other Securities$388,920$358,722▼ $30,198
Prepaid Expenses and Deferred Charges$238,652$259,203▲ $20,551
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$31,837,469$37,146,762▲ $5,309,293
Other Assets Total$707,026$752,539▲ $45,513
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,717,584$18,957,535▲ $4,239,951
Accounts Payable and Accrued Expenses$1,384,147$1,427,824▲ $43,677
Other Liabilities$95,985$92,093▼ $3,892
Escrow Account Liability$1,282$252▼ $1,030
Total Liabilities$16,198,998$20,477,704▲ $4,278,706
Net Assets / Fund Balance
Total Net Assets Fund Balance$15,638,471$16,669,058▲ $1,030,587
Total Liabilities and Net Assets / Fund Balance$31,837,469$37,146,762▲ $5,309,293

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$24,759,239$17,835,672$42,594,911
Buildings$660,369$661,070$1,321,439
Other Land Buildings$907,852-$907,852
Land$43,092-$43,092
Investment Program Related Org$33,348--
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cozy NelsenCEOFT$164,349$13,564$177,913
Jalen SpackLine ForemanFT$104,811$22,771$127,582
Jeremy GruberLine ForemanFT$101,229$24,398$125,627
Josh OltmannLine SuperintendentFT$104,993$14,968$119,961
Julie KileySecretary-treasurerPT$8,250-$8,250
Michael MooreDirector-$7,950-$7,950
Joni ReesVice President-$7,650-$7,650
Ronnie BristleAsst Secretary/treasurer-$6,900-$6,900
Don SchwartzDirectorPT$6,600-$6,600
Jason FettDirector-$6,300-$6,300
Steve BirelinePresidentPT$5,850-$5,850
James MazourDirectorPT$5,550-$5,550
Andy Van AernamDirector-$3,750-$3,750

Highest Paid Contractors

ContractorServicesLocationCompensation
Hydro-exc INCMockingbird Substation Work321 E MAIN STREET, Griffith, ID 46319$2,138,955
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$16,789,744
Investment Income
$117,219
Other Revenue
$169,420
Change in Net Assets
$485,240
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,163,074
Salaries, Compensation, and Employee Benefits$1,917,107
Grants and Similar Amounts Paid$12,445
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$1,259,231
Other Salaries and Wages---$1,099,689
Interest---$704,678
Benefits to Members---$498,517
Current Officers, Directors, Trustees, and Key Employees---$270,792
Comp Disqual Persons---$222,049
Pension Plan Contributions---$217,344
Other Expenses---$216,353
Other Employee Benefits---$107,233
Grants to Domestic Orgs---$12,445
All Other Expenses---$-1,429,997
Total Functional Expenses$0$0$0$16,591,143
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
Brian MarsoFamily Relationship With Board Director Joni ReesCompensationNo$139,420
Rebecca SchwartzFamily Relationship With Board Director Don SchwartzCompensationNo$82,629
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$51,461
Deferred Credits$40,632
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The cooperative has members.”

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

“There is only one class of membership and all members have the same voting rights; one vote per membership.”

Form 990, Part VI, Section A, Line 7B

“The membership elects the board of directors at the annual meeting. The membership votes on any board prepared resolution for the sale, lease, exchange, or other significant disposal of the cooperative's assets.”

Form 990, Part VI, Section A, Line 8B

“The cooperative does not have committees that act on behalf of the board.”

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

“A copy of the form 990 will be given to each board member. The 990 will be reviewed by the ceo and the board will review the 990 together if so requested by any board member.”

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

“The conflict of interest policy covers all board members and employees. The board of directors is responsible for determining if a conflict exists. Board members are required to disclose annually any interest that would give rise to conflicts. If such conflicts arise, the affected board member would be required to abstain from voting on that particular item.”

Form 990, Part VI, Section B, Line 15A

“The performance of the ceo is reviewed by the board of directors and they determine the compensation. This process is undertaken annually.”

Form 990, Part VI, Section C, Line 19

“These documents are made available upon request.”

FORM 990, PART VII, COLUMN F, OTHER COMPENSATION:

“Included in other compensation is the estimated current year increase or decrease in the actuarial value of the defined benefit plan for the ceo. The current year increase or decrease does not represent current year contributions to the plan. Rather, it is an estimate of the increase or decrease in the actuarial value of the plan as calculated by the plan administrator.”

Filing and Contact Details

Filer

Filer Name
Guthrie County Rural Electric Coop Assn
EIN
42-0288775
Phone
6417472206
Address
PO BOX 7, GUTHRIE CENTER, IA 50115

Signing Officer

Name
Cozy Nelsen
Title
CEO
Phone
6417472206
Signed
2025-09-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cozy Nelsen
Formed
1937
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
7
Employees
18
Volunteers
0

Preparer

Firm
Eide Bailly Llp
Address
345 N REID PL STE 400, SIOUX FALLS, SD 57103-7034
Preparer
Laurie Hanson CPA
Phone
6053391999
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Allocation of 2024 margins in 2025 498,517. Retirements of capital credits -24,411. Required capital gain 3,131. Other patronage adjustment 339. Patronage capital unclaimed 67,771.”

FORM 990, PART XII, LINE 2A-B:

“The cooperative received audited financial statements for the period ended march 31, 2025. The cooperative is on a calendar year end, but the audit is done on a fiscal year basis.”

FORM 990, PART IX, LINE 24E STATEMENT OF FUNCTIONAL EXPENSES:

“The labor, pension and payroll taxes reported on lines 5-10 are included in distribution expense, administrative & general expense and customer expense. Therefore, labor, pension and payroll taxes are shown as a reduction to other expenses on line 24e.”

FORM 990, PART IX, LINE 4, BENEFITS PAID TO OR FOR MEMBERS:

“The cooperative has interpreted the instructions to part ix, line 4, to mean patronage capital allocated for the year, rather than patronage capital retired. This is consistent with the by-laws of the cooperative.”

Financial Statement Notes

PART IV, LINE 2B:

“Recare is a voluntary program that members can participate in to help other members in the service area pay their electricity bills. Members voluntarily contribute money to this program by adding it to their monthly electricity bill. The cooperative periodically will transfer these funds to local counties to provide general relief to members who would have been disconnected from service without any assistance from recare or general relief from their county. These funds are segregated in the cooperative financials and are reported in form 990 part x line 21 as an escrow account liability.”

Raw XML AppendixShowing 400 of 479 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01384147
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01427824
IRS990/AccountsReceivableGrp/BOYAmt0949669
IRS990/AccountsReceivableGrp/EOYAmt01437329
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SALE OF ELECTRICITY TO MEMBERS IN RURAL LOCATIONS.
IRS990/AllOtherExpensesGrp/TotalAmt0-1429997
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/TotalAmt0498517
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0COZY NELSEN
IRS990/BooksInCareOfDetail/PhoneNum06417472206
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 7
IRS990/BooksInCareOfDetail/USAddress/CityNm0GUTHRIE CENTER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050115
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0270792
IRS990/CompDisqualPersonsGrp/TotalAmt0222049
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt02138955
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0321 E MAIN STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0GRIFFITH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0ID
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd046319
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0HYDRO-EXC INC
IRS990/ContractorCompensationGrp/ServicesDesc0MOCKINGBIRD SUBSTATION WORK
IRS990/CostOfGoodsSoldAmt0193013
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt0498517
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt012445
IRS990/CYInvestmentIncomeAmt0117219
IRS990/CYOtherExpensesAmt014163074
IRS990/CYOtherRevenueAmt0169420
IRS990/CYProgramServiceRevenueAmt016789744
IRS990/CYRevenuesLessExpensesAmt0485240
IRS990/CYSalariesCompEmpBnftPaidAmt01917107
IRS990/CYTotalExpensesAmt016591143
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt017076383
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt01259231
IRS990/Desc0PROVIDED ELECTRIC SERVICE TO APPROXIMATELY 3,982 MEMBERS. AS OF DECEMBER 2024, THE COOPERATIVE MAINTAINED 1,412 MILES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt018
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EscrowAccountLiabilityGrp/BOYAmt01282
IRS990/EscrowAccountLiabilityGrp/EOYAmt0252
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt18.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt26.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt64.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt84.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt910885
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1014968
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1124398
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1222771
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVE BIRELINE
IRS990/Form990PartVIISectionAGrp/PersonNm1DON SCHWARTZ
IRS990/Form990PartVIISectionAGrp/PersonNm2JULIE KILEY
IRS990/Form990PartVIISectionAGrp/PersonNm3JONI REES
IRS990/Form990PartVIISectionAGrp/PersonNm4RONNIE BRISTLE
IRS990/Form990PartVIISectionAGrp/PersonNm5ANDY VAN AERNAM
IRS990/Form990PartVIISectionAGrp/PersonNm6JASON FETT
IRS990/Form990PartVIISectionAGrp/PersonNm7JAMES MAZOUR
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm9COZY NELSEN
IRS990/Form990PartVIISectionAGrp/PersonNm10JOSH OLTMANN
IRS990/Form990PartVIISectionAGrp/PersonNm11JEREMY GRUBER
IRS990/Form990PartVIISectionAGrp/PersonNm12JALEN SPACK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt05850
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt28250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt37650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt46900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt53750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt66300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt75550
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt87950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9165184
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10104993
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11101229
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12104811
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY-TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASST SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10LINE SUPERINTENDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11LINE FOREMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt12LINE FOREMAN
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01937
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticOrgsGrp/TotalAmt012445
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt017269396
IRS990/GrossSalesOfInventoryAmt0362433
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt0704678
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01044150
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01182838
IRS990/InvestmentIncomeGrp/ExclusionAmt0117219
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0117219
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0388920
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0358722
IRS990/InvestmentsProgramRelatedGrp/BOYAmt04407777
IRS990/InvestmentsProgramRelatedGrp/EOYAmt04982076
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt018496742
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022997713
IRS990/LandBldgEquipBasisNetGrp/EOYAmt026370552
IRS990/LandBldgEquipCostOrOtherBssAmt044867294
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt016143637
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0STRIVE TO DELIVER THE BEST POWER SOLUTIONS TO OUR COOPERATIVE MEMBERS AND COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt014717584
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt018957535
IRS990/NetAssetsOrFundBalancesBOYAmt015638471
IRS990/NetAssetsOrFundBalancesEOYAmt016669058
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0169420
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0169420
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0707026
IRS990/OtherAssetsTotalGrp/EOYAmt0752539
IRS990/OtherChangesInNetAssetsAmt0545347
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0107233
IRS990/OtherExpensesGrp/Desc0COST OF POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION-OPERATIONS
IRS990/OtherExpensesGrp/Desc2ADMIN & GENERAL
IRS990/OtherExpensesGrp/Desc3CUSTOMER ACCOUNTS EXPEN
IRS990/OtherExpensesGrp/TotalAmt010900140
IRS990/OtherExpensesGrp/TotalAmt11390690
IRS990/OtherExpensesGrp/TotalAmt21121979
IRS990/OtherExpensesGrp/TotalAmt3216353
IRS990/OtherLiabilitiesGrp/BOYAmt095985
IRS990/OtherLiabilitiesGrp/EOYAmt092093
IRS990/OtherSalariesAndWagesGrp/TotalAmt01099689
IRS990/OtherSourcesGrossIncomeAmt0581301
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt0217344
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0238652
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0259203
IRS990/PrincipalOfficerNm0COZY NELSEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/Desc0SALE OF POWER
IRS990/ProgramServiceRevenueGrp/Desc1CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015706006
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11083738
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015706006
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11083738
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0500000
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt06535
IRS990/PYInvestmentIncomeAmt0150289
IRS990/PYOtherExpensesAmt014219610
IRS990/PYOtherRevenueAmt077614
IRS990/PYProgramServiceRevenueAmt016653398
IRS990/PYRevenuesLessExpensesAmt0232792
IRS990/PYSalariesCompEmpBnftPaidAmt01922364
IRS990/PYTotalExpensesAmt016648509
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt016881301
IRS990/ReconcilationRevenueExpnssAmt0485240
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt015638471
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt016669058
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01103562
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01803503
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0660369
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0661070
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01321439
IRS990ScheduleD/EquipmentGrp/BookValueAmt024759239
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017835672
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt042594911
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt03887295
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1217899
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt267664
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt394568
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt43451
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5310884
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt62500
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt78951
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt8355516
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt933348
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CIPCO
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1CFC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2NISC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3PANORA TELEPHONE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4OTHER INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5FEDERATED AND RESCO
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6CRC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7NRTC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc8CAPITAL TERM CERTIFICATES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc9CO BANK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd6C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd7C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd8C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd9C
IRS990ScheduleD/LandGrp/BookValueAmt043092
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt043092
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0907852
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0907852
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt040632
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt151461
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED CREDITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CUSTOMER DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RECARE IS A VOLUNTARY PROGRAM THAT MEMBERS CAN PARTICIPATE IN TO HELP OTHER MEMBERS IN THE SERVICE AREA PAY THEIR ELECTRICITY BILLS. MEMBERS VOLUNTARILY CONTRIBUTE MONEY TO THIS PROGRAM BY ADDING IT TO THEIR MONTHLY ELECTRICITY BILL. THE COOPERATIVE PERIODICALLY WILL TRANSFER THESE FUNDS TO LOCAL COUNTIES TO PROVIDE GENERAL RELIEF TO MEMBERS WHO WOULD HAVE BEEN DISCONNECTED FROM SERVICE WITHOUT ANY ASSISTANCE FROM RECARE OR GENERAL RELIEF FROM THEIR COUNTY. THESE FUNDS ARE SEGREGATED IN THE COOPERATIVE FINANCIALS AND ARE REPORTED IN FORM 990 PART X LINE 21 AS AN ESCROW ACCOUNT LIABILITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026370552
IRS990ScheduleD/TotalBookValueProgramRltdAmt04982076
IRS990ScheduleD/TotalLiabilityAmt092093
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0164349
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05585
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt07144
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt0835
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0COZY NELSEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0177913
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0COLUMN C INCLUDES THE CHANGE IN ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN FOR EACH PARTICIPANT RATHER THAN THE ACTUAL CONTRIBUTION PAID TO THE PLAN. COZY NELSON CHANGE IN ACTUARIAL VALUE: $575 CONTRIBUTION TO THE PLAN BY COOPERATIVE: $34,653
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART II, COLUMN C
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0BRIAN MARSO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1REBECCA SCHWARTZ
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FAMILY RELATIONSHIP WITH BOARD DIRECTOR JONI REES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1FAMILY RELATIONSHIP WITH BOARD DIRECTOR DON SCHWARTZ
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0139420
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt182629
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0COMPENSATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1COMPENSATION
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COOPERATIVE HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE IS ONLY ONE CLASS OF MEMBERSHIP AND ALL MEMBERS HAVE THE SAME VOTING RIGHTS; ONE VOTE PER MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERSHIP ELECTS THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. THE MEMBERSHIP VOTES ON ANY BOARD PREPARED RESOLUTION FOR THE SALE, LEASE, EXCHANGE, OR OTHER SIGNIFICANT DISPOSAL OF THE COOPERATIVE'S ASSETS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COOPERATIVE DOES NOT HAVE COMMITTEES THAT ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COPY OF THE FORM 990 WILL BE GIVEN TO EACH BOARD MEMBER. THE 990 WILL BE REVIEWED BY THE CEO AND THE BOARD WILL REVIEW THE 990 TOGETHER IF SO REQUESTED BY ANY BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CONFLICT OF INTEREST POLICY COVERS ALL BOARD MEMBERS AND EMPLOYEES. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING IF A CONFLICT EXISTS. BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANNUALLY ANY INTEREST THAT WOULD GIVE RISE TO CONFLICTS. IF SUCH CONFLICTS ARISE, THE AFFECTED BOARD MEMBER WOULD BE REQUIRED TO ABSTAIN FROM VOTING ON THAT PARTICULAR ITEM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PERFORMANCE OF THE CEO IS REVIEWED BY THE BOARD OF DIRECTORS AND THEY DETERMINE THE COMPENSATION. THIS PROCESS IS UNDERTAKEN ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ALLOCATION OF 2024 MARGINS IN 2025 498,517. RETIREMENTS OF CAPITAL CREDITS -24,411. REQUIRED CAPITAL GAIN 3,131. OTHER PATRONAGE ADJUSTMENT 339. PATRONAGE CAPITAL UNCLAIMED 67,771.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE COOPERATIVE RECEIVED AUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED MARCH 31, 2025. THE COOPERATIVE IS ON A CALENDAR YEAR END, BUT THE AUDIT IS DONE ON A FISCAL YEAR BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10INCLUDED IN OTHER COMPENSATION IS THE ESTIMATED CURRENT YEAR INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN FOR THE CEO. THE CURRENT YEAR INCREASE OR DECREASE DOES NOT REPRESENT CURRENT YEAR CONTRIBUTIONS TO THE PLAN. RATHER, IT IS AN ESTIMATE OF THE INCREASE OR DECREASE IN THE ACTUARIAL VALUE OF THE PLAN AS CALCULATED BY THE PLAN ADMINISTRATOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11THE LABOR, PENSION AND PAYROLL TAXES REPORTED ON LINES 5-10 ARE INCLUDED IN DISTRIBUTION EXPENSE, ADMINISTRATIVE & GENERAL EXPENSE AND CUSTOMER EXPENSE. THEREFORE, LABOR, PENSION AND PAYROLL TAXES ARE SHOWN AS A REDUCTION TO OTHER EXPENSES ON LINE 24E.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12THE COOPERATIVE HAS INTERPRETED THE INSTRUCTIONS TO PART IX, LINE 4, TO MEAN PATRONAGE CAPITAL ALLOCATED FOR THE YEAR, RATHER THAN PATRONAGE CAPITAL RETIRED. THIS IS CONSISTENT WITH THE BY-LAWS OF THE COOPERATIVE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)12 • $25M-$50M nonprofits