Civic Intelligence

Guthrie County Rural Electric Cooperative Association

990 • Fiscal year 2012 • EIN 42-0288775

Jan 01, 2012 to Dec 31, 2012 • Filed on Oct 29, 2013

Organization ProfileWWW.GUTHRIE-REC.COOP

View Organization Page

PO Box 750115
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$25,561,865

Flat from 2012

Net Assets

Flat

$8,962,434

Flat from 2012

Liabilities

Flat

$16,599,431

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$13,807,860

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$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 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

2012

Assets$25,561,865
Liabilities$16,599,431
Net Assets$8,962,434
Open 2012 Filing

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $13,376,7772010Revenue 2011: $13,825,650Expenses 2011: $13,825,650Net Income 2011: $02011Expenses 2012: $13,807,8602012Revenue 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

2012

Revenue-
Expenses$13,807,860
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Oct 29, 2013
Return Version
2012v2.1
Gross Receipts
$13,926,941
Mission and Program Overview

Mission

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

Filing and Contact Details

Filer

EIN
42-0288775
Raw XML AppendixShowing 400 of 427 raw XML fields

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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0RECare 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 IX line 21 as an escrow account liability.
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IRS990ScheduleO/GeneralExplanation/Explanation0The Cooperative has members.
IRS990ScheduleO/GeneralExplanation/Explanation1There is only one class of membership and all members have the same voting rights; one vote per membership.
IRS990ScheduleO/GeneralExplanation/Explanation2The cooperative does not have committees that act on behalf of the board.
IRS990ScheduleO/GeneralExplanation/Explanation3A copy of the Form 990 will be given to each board member. The 990 will be reviewed by the general manager and the board will review the 990 together if so requested by any board member.
IRS990ScheduleO/GeneralExplanation/Explanation4The 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/GeneralExplanation/Explanation5The performance of the General Manager is reviewed annually by the board and they determine the compensation. This process was undertaken in 2012.
IRS990ScheduleO/GeneralExplanation/Explanation6These documents are made available upon request.
IRS990ScheduleO/GeneralExplanation/Explanation7Retirement of capital credits -266,903. Allocation of 2012 margins in 2013 373,795.
IRS990ScheduleO/GeneralExplanation/Explanation8Included in other compensation is the estimated current year increase or decrease in the actuarial value of the defined benefit plan for the general manager. 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/GeneralExplanation/Explanation9The labor, pension and payroll taxes reported on lines 6-10 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/GeneralExplanation/Explanation10The 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/GeneralExplanation/Identifier0Changes in Net Assets or Fund Balances:
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IRS990ScheduleO/GeneralExplanation/Identifier2Allocated and Other Expense
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IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Section A, line 8b
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IRS990ScheduleO/GeneralExplanation/ReturnReference6Form 990, Part VI, Section C, line 19
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IRS990ScheduleO/GeneralExplanation/ReturnReference8Form 990, Part VII, Column F, Other Compensation:
IRS990ScheduleO/GeneralExplanation/ReturnReference9Form 990, Part IX, Line 24e Statement of Functional Expenses:
IRS990ScheduleO/GeneralExplanation/ReturnReference10Form 990, Part IX, line 4, Benefits paid to or for members:
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IRS990/TotalProgramServiceRevenue013560139
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg0139116
IRS990/TotalRevenueCurrentYear013807860
IRS990/TotalRevenue/ExclusionAmount059900
IRS990/TotalRevenuePriorYear013825650
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome013746318
IRS990/TotalRevenue/TotalRevenueColumn013807860
IRS990/TotalRevenue/UnrelatedBusinessRevenue01642
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome01
IRS990/UponRequest0X
IRS990/WebSite0www.guthrie-rec.coop
IRS990/WhistleblowerPolicy01
IRS990/YearFormation01937
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0420288775

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$25,561,865
Liabilities
$16,599,431
Net assets
$8,962,434
Revenue
-
Expenses
$13,807,860
Net income
-
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
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.6$16.6$8.96$13.8
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