Civic Intelligence

Boone Electric Cooperative

990 • Fiscal year 2016 • EIN 43-0188985

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 20, 2017

Organization Profilewww.booneelectric.coop

View Organization Page

PO Box 797Columbia, MO 65205-0797

(573) 449-4181

Siviq Scores

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

Liabilities / Assets

51st percentile

0.56x

Higher debt load relative to assets than 51% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

56th percentile

1.40x

Higher debt load relative to revenue than 56% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2016

Net Margin

72nd percentile

2.8%

Higher net margin than 72% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2016

Top Officer Pay

51st percentile

$296,017

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2016

Asset Growth

59th percentile

4.2%

Faster asset growth than 59% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Revenue Growth

67th percentile

3.5%

Faster revenue growth than 67% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$143,949,916

Up $5,794,646 (+4.2%) from 2015

Net Assets

Up

$62,928,338

Up $2,279,741 (+3.8%) from 2015

Liabilities

Up

$81,021,578

Up $3,514,905 (+4.5%) from 2015

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin72nd percentile

Revenue

Up

$57,836,795

Up $1,962,113 (+3.5%) from 2015

Expenses

Up

$56,221,860

Up $1,488,966 (+2.7%) from 2015

Net Income

Up

$1,614,935

Up $473,147 (+41%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$300M$200M$100M$0Assets 2011: $120,345,295Liabilities 2011: $66,930,540Net Assets 2011: $53,414,7552011Assets 2012: $126,680,005Liabilities 2012: $71,925,958Net Assets 2012: $54,754,0472012Assets 2013: $136,922,694Liabilities 2013: $78,426,112Net Assets 2013: $58,496,5822013Assets 2014: $139,372,194Liabilities 2014: $79,865,385Net Assets 2014: $59,506,8092014Assets 2015: $138,155,270Liabilities 2015: $77,506,673Net Assets 2015: $60,648,5972015Assets 2016: $143,949,916Liabilities 2016: $81,021,578Net Assets 2016: $62,928,3382016Assets 2017: $151,645,561Liabilities 2017: $86,544,933Net Assets 2017: $65,100,6282017Assets 2018: $160,350,392Liabilities 2018: $90,719,005Net Assets 2018: $69,631,3872018Assets 2019: $169,146,759Liabilities 2019: $96,429,105Net Assets 2019: $72,717,6542019Assets 2020: $181,862,194Liabilities 2020: $105,378,228Net Assets 2020: $76,483,9662020Assets 2021: $200,825,736Liabilities 2021: $118,425,402Net Assets 2021: $82,400,3342021Assets 2022: $214,466,398Liabilities 2022: $126,997,643Net Assets 2022: $87,468,7552022Assets 2023: $219,609,893Liabilities 2023: $127,648,030Net Assets 2023: $91,961,8632023Assets 2024: $224,112,212Liabilities 2024: $128,362,573Net Assets 2024: $95,749,6392024

Highlighted filing

2016

Assets$143,949,916
Liabilities$81,021,578
Net Assets$62,928,338
Open 2016 Filing

Operations Trend

Revenue Growth67th percentile

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

$80M$60M$40M$20M$0Revenue 2011: $52,573,667Expenses 2011: $52,448,982Net Income 2011: $124,6852011Expenses 2012: $53,365,2922012Revenue 2013: $56,718,310Expenses 2013: $52,975,775Net Income 2013: $3,742,5352013Revenue 2014: $57,847,841Expenses 2014: $56,837,614Net Income 2014: $1,010,2272014Revenue 2015: $55,874,682Expenses 2015: $54,732,894Net Income 2015: $1,141,7882015Revenue 2016: $57,836,795Expenses 2016: $56,221,860Net Income 2016: $1,614,9352016Revenue 2017: $58,946,239Expenses 2017: $56,773,949Net Income 2017: $2,172,2902017Revenue 2018: $66,286,722Expenses 2018: $61,755,963Net Income 2018: $4,530,7592018Revenue 2019: $64,344,021Expenses 2019: $61,257,754Net Income 2019: $3,086,2672019Revenue 2020: $65,495,242Expenses 2020: $61,728,930Net Income 2020: $3,766,3122020Revenue 2021: $65,114,805Expenses 2021: $59,198,437Net Income 2021: $5,916,3682021Revenue 2022: $67,889,675Expenses 2022: $62,821,254Net Income 2022: $5,068,4212022Revenue 2023: $72,698,018Expenses 2023: $68,204,910Net Income 2023: $4,493,1082023Revenue 2024: $76,383,296Expenses 2024: $72,595,520Net Income 2024: $3,787,7762024

Highlighted filing

2016

Revenue$57,836,795
Expenses$56,221,860
Net Income$1,614,935
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 20, 2017
Return Version
2016v3.0
Gross Receipts
$57,836,795
Mission and Program Overview

Mission

The mission of Boone Electric Cooperative is to be responsive to our members' needs by providing a dependable supple of electric energy and other services at the lowest possible cost consistent with sound business practices and cooperative principles.

To provide electricity to our cooperative members

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$102,618,161$104,638,895▲ $2,020,734
Rtn Earn Endowment Incm Other Fnds$60,648,597$62,928,338▲ $2,279,741
Investments Program Related$27,650,777$28,683,784▲ $1,033,007
Accounts Receivable$883,796$5,051,710▲ $4,167,914
Cash and Non-Interest-Bearing Accounts$2,900,201$1,574,152▼ $1,326,049
Inventories for Sale or Use$1,194,224$1,269,092▲ $74,868
Other Notes and Loans Receivable, Net-$216,000-
Prepaid Expenses and Deferred Charges$175,941$174,423▼ $1,518
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$138,155,270$143,949,916▲ $5,794,646
Other Assets Total$2,732,170$2,341,860▼ $390,310
Liabilities
Mortgage Notes Payable Secured by Investment Property$71,849,703$72,421,715▲ $572,012
Accounts Payable and Accrued Expenses$4,371,217$7,349,253▲ $2,978,036
Other Liabilities$1,285,753$1,250,610▼ $35,143
Total Liabilities$77,506,673$81,021,578▲ $3,514,905
Net Assets / Fund Balance
Total Net Assets Fund Balance$60,648,597$62,928,338▲ $2,279,741
Total Liabilities and Net Assets / Fund Balance$138,155,270$143,949,916▲ $5,794,646

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$102,235,405$36,221,958$138,457,363
Buildings$1,173,819$4,836,394$6,010,213
Land$1,229,671-$1,229,671
Investment Program Related Org$1,250--
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Todd CulleyCEOFT$217,537$78,480$296,017
Vicki KemnaAssistant ManagerFT$154,321$134,466$288,787
Ryan EulissCFO/Manager of FinanceFT$149,420$71,140$220,560
Jay TurnerDirectorPT$27,505-$27,505
Karen McBride KinkeadVice President-$25,869-$25,869
Keith SchnarreTreasurer-$25,859-$25,859
Wayne WilcoxDirectorPT$24,857-$24,857
Joel BullardPresidentPT$23,597-$23,597
Glen BeckmeyerDirectorPT$21,761-$21,761
Nathan MartinSecretaryPT$19,994-$19,994
Frank GlennSecretaryPT$16,134-$16,134
Kimberly PonderDirectorPT$12,931-$12,931
Andrew StantonDirector-$2,605-$2,605

Highest Paid Contractors

ContractorServicesLocationCompensation
Arbor RowROW ClearingPO Box 571, Osceola, MO 64776$778,130
NiscBilling & Accounting SoftwarePO Box 1147, Mandon, ND 58554$475,427
Burbridge Tree Service LLCROW Clearing4301 W Hwy 124, Harrisburg, MO 65256$407,526
Asplundh Tree Expert CoROW ClearingPO Box 827464, Philadelphia, PA 19182$181,350
Echo Powerline LLCLine ConstructionPO Box 539, Bunkie, LA 71322$177,640
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$57,779,683
Investment Income
$57,112
Other Revenue
$0
Change in Net Assets
$1,614,935

Audited Revenue Reconciliation

Revenue per Audited Statements
$57,836,795
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$57,836,795
Total Revenue per Form 990
$57,836,795
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$53,034,998
Salaries, Compensation, and Employee Benefits$548,075
Grants and Similar Amounts Paid$208,215
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$4,201,669--$4,201,669
Interest$3,659,900--$3,659,900
Other Expenses$3,113,334--$3,113,334
All Other Expenses$3,033,055--$3,033,055
Benefits to Members$2,430,572--$2,430,572
Current Officers, Directors, Trustees, and Key Employees$548,075--$548,075
Grants to Domestic Orgs$208,215--$208,215
Total Functional Expenses$56,221,860$0$0$56,221,860

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$56,221,860
Expenses per Audited Statements$53,583,073
Total Expenses per Audited Statements$53,583,073
Expenses Not Reported on Financial Statements$2,638,787
Other Expense Adjustments$2,638,787
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Boone Electric Community TrustColumbia, MO501(c)(3)To provide grants for economic, youth, rural development, education, health and research$208,215
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
-Generating and Transmitting Cooperative partially owned by CooperativeThe Cooperative purchases it's energy from Central Electric Power for resale to its member/consumers.No$31,661,633
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$1,085,068
RUS Discount$163,829
Advance Payments$1,713
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“All of the Cooperative customers are members of the cooperative”

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

“Members of the Cooperative meet at an annual meeting to vote on the board of directors and any changes to the bylaws of the Cooperative”

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

“Cooperative member/consumers meet at an annual meeting to vote on proposed changes to the bylaws”

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

“Copies of Federal Form 990 are reviewed by the Board of Directors and formally approved before the return is filed.”

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

“The organization requires an annual declaration by board members with notification of any change of status during the year. The Cooperative monitors compliance with the policy.”

Form 990, Part VI, Section B, line 15

“Compensation of the Organization's CEO is determined by the Board of Directors based on performance and comparability studies of similar organizations and documented in the minutes of the executive session of the board meetings.”

Form 990, Part VI, Section C, line 18

“Information is available upon request”

Form 990, Part VI, Section C, line 19

“Information on the Cooperative's governing documents are provided to all members and are available upon request from the Cooperative”

Filing and Contact Details

Filer

Filer Name
Boone Electric Cooperative
EIN
43-0188985
Phone
5734494181
Address
PO Box 797, Columbia, MO 65205-0797

Signing Officer

Name
Todd Culley
Title
General Manager
Phone
5734494181
Signed
2017-07-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Culley
Formed
1936
Legal Domicile
Mo
Voting Board Members
9
Independent Board Members
9
Employees
100
Volunteers
0

Preparer

Firm
Dennis G Koch CPA
Address
PO Box 1007, Quincy, IL 62306-1007
Preparer
Dennis G Koch
Phone
2172248484
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Cumulative change in accounting principle 664,806.”

Financial Statement Notes

Part XII, Line 4B - Other Adjustments:

“Capital Credits Retired, reported as amounts paid to members on Form 990 2,430,572. Capital Credits donated to Boone Electric Community Trust, Reported as Grant 208,215.”

Raw XML AppendixShowing 400 of 624 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.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12154321
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/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11CFO/Manager of Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt12Assistant Manager
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0208215
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0208215
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0208215
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt057836795
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt03659900
IRS990/InterestGrp/TotalAmt03659900
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01194224
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01269092
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt057112
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt057112
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt027650777
IRS990/InvestmentsProgramRelatedGrp/EOYAmt028683784
IRS990/IRPDocumentCnt038
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt041058352
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0102618161
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0104638895
IRS990/LandBldgEquipCostOrOtherBssAmt0145697247
IRS990/LegalDomicileStateCd0MO
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt056822588
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The mission of Boone Electric Cooperative is to be responsive to our members' needs by providing a dependable supple of electric energy and other services at the lowest possible cost consistent with sound business practices and cooperative principles.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt071849703
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt072421715
IRS990/NetAssetsOrFundBalancesBOYAmt060648597
IRS990/NetAssetsOrFundBalancesEOYAmt062928338
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02732170
IRS990/OtherAssetsTotalGrp/EOYAmt02341860
IRS990/OtherChangesInNetAssetsAmt0664806
IRS990/OtherExpensesGrp/Desc0Cost of Purchased Power
IRS990/OtherExpensesGrp/Desc1Distribution Exp-Mainte
IRS990/OtherExpensesGrp/Desc2Administrative and Gene
IRS990/OtherExpensesGrp/Desc3Distribution Exp-Operat
IRS990/OtherExpensesGrp/ProgramServicesAmt031661633
IRS990/OtherExpensesGrp/ProgramServicesAmt14054070
IRS990/OtherExpensesGrp/ProgramServicesAmt23311337
IRS990/OtherExpensesGrp/ProgramServicesAmt33113334
IRS990/OtherExpensesGrp/TotalAmt031661633
IRS990/OtherExpensesGrp/TotalAmt14054070
IRS990/OtherExpensesGrp/TotalAmt23311337
IRS990/OtherExpensesGrp/TotalAmt33113334
IRS990/OtherLiabilitiesGrp/BOYAmt01285753
IRS990/OtherLiabilitiesGrp/EOYAmt01250610
IRS990/OtherSourcesGrossIncomeAmt01018373
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0216000
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0175941
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0174423
IRS990/PrincipalOfficerNm0Todd Culley
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0Sales of Energy
IRS990/ProgramServiceRevenueGrp/Desc1Capital Credits
IRS990/ProgramServiceRevenueGrp/Desc2Other Electric Revenues
IRS990/ProgramServiceRevenueGrp/Desc3Non-Operating Margins
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt055217908
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12007003
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2480933
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt373839
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt055217908
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12007003
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2480933
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt373839
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt02332015
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt0338761
IRS990/PYInvestmentIncomeAmt054719
IRS990/PYOtherExpensesAmt051873715
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt055819963
IRS990/PYRevenuesLessExpensesAmt01141788
IRS990/PYSalariesCompEmpBnftPaidAmt0188403
IRS990/PYTotalExpensesAmt054732894
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt055874682
IRS990/ReconcilationRevenueExpnssAmt01614935
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt057836795
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt060648597
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt062928338
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01173819
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04836394
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06010213
IRS990ScheduleD/EquipmentGrp/BookValueAmt0102235405
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036221958
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0138457363
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt02638787
IRS990ScheduleD/ExpensesSubtotalAmt053583073
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0276
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11776882
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt27271
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt31625853
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt425272252
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt51250
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Boone Electric Supply Company
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Boone Electric Satellite Systems Inc
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2A Prime LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3NRUCFC - Capital Term Certificates
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4Patronage Capital - Associated Orgs
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5Miscellaneous
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/LandGrp/BookValueAmt01229671
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01229671
IRS990ScheduleD/OtherExpensesNotIncludedAmt02638787
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0163829
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11713
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21085068
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RUS Discount
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Advance Payments
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Customer Deposits
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt057836795
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Capital Credits Retired, reported as amounts paid to members on Form 990 2,430,572. Capital Credits donated to Boone Electric Community Trust, Reported as Grant 208,215.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0104638895
IRS990ScheduleD/TotalBookValueProgramRltdAmt028683784
IRS990ScheduleD/TotalExpensesPerForm990Amt056221860
IRS990ScheduleD/TotalLiabilityAmt01250610
IRS990ScheduleD/TotalRevenuePerForm990Amt057836795
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt057836795
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt053583073
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0208215
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To provide grants for economic, youth, rural development, education, health and research
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Boone Electric Community Trust
IRS990ScheduleI/RecipientTable/RecipientEIN0431790785
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 797
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Columbia
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0652050797
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Cooperative grants unclaimed capital credits to the Boone Electric Community Trust. The Trust has a separate board of trustees who monitor and select the recipients within the Cooperative's service area. Reports are available to the Cooperative and a member of the Cooperative's management team sits on the Trust's board.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0217537
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1149420
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2154321
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$143,949,916
Liabilities
$81,021,578
Net assets
$62,928,338
Revenue
$57,836,795
Expenses
$56,221,860
Net income
$1,614,935
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$224$128$95.7$76.4$72.6$3.79
2023Detailed filing. Detailed filing data is available for this year.$220$128$92.0$72.7$68.2$4.49
2022Detailed filing. Detailed filing data is available for this year.$214$127$87.5$67.9$62.8$5.07
2021Detailed filing. Detailed filing data is available for this year.$201$118$82.4$65.1$59.2$5.92
2020Detailed filing. Detailed filing data is available for this year.$182$105$76.5$65.5$61.7$3.77
2019Detailed filing. Detailed filing data is available for this year.$169$96.4$72.7$64.3$61.3$3.09
2018Detailed filing. Detailed filing data is available for this year.$160$90.7$69.6$66.3$61.8$4.53
2017Detailed filing. Detailed filing data is available for this year.$152$86.5$65.1$58.9$56.8$2.17
2016Detailed filing. Detailed filing data is available for this year.$144$81.0$62.9$57.8$56.2$1.61
2015Detailed filing. Detailed filing data is available for this year.$138$77.5$60.6$55.9$54.7$1.14
2014Detailed filing. Detailed filing data is available for this year.$139$79.9$59.5$57.8$56.8$1.01
2013Detailed filing. Detailed filing data is available for this year.$137$78.4$58.5$56.7$53.0$3.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$127$71.9$54.8$53.4
2011Summary only. Only limited summary data is available for this year.$120$66.9$53.4$52.6$52.4$0.12