Civic Intelligence

Boone Electric Cooperative

990 • Fiscal year 2020 • EIN 43-0188985

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 13, 2021

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

60th percentile

0.58x

Higher debt load relative to assets than 60% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

1.61x

Higher debt load relative to revenue than 63% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Net Margin

84th percentile

5.8%

Higher net margin than 84% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

65th percentile

$375,811

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Asset Growth

76th percentile

7.5%

Faster asset growth than 76% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

76th percentile

1.8%

Faster revenue growth than 76% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$181,862,194

Up $12,715,435 (+7.5%) from 2019

Net Assets

Up

$76,483,966

Up $3,766,312 (+5.2%) from 2019

Liabilities

Up

$105,378,228

Up $8,949,123 (+9.3%) from 2019

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin84th percentile

Revenue

Up

$65,495,242

Up $1,151,221 (+1.8%) from 2019

Expenses

Up

$61,728,930

Up $471,176 (+0.8%) from 2019

Net Income

Up

$3,766,312

Up $680,045 (+22%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth76th 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

2020

Assets$181,862,194
Liabilities$105,378,228
Net Assets$76,483,966
Open 2020 Filing

Operations Trend

Revenue Growth76th 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

2020

Revenue$65,495,242
Expenses$61,728,930
Net Income$3,766,312
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 13, 2021
Return Version
2020v4.1
Gross Receipts
$65,752,274
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$121,580,392$124,197,860▲ $2,617,468
Rtn Earn Endowment Incm Other Fnds$72,717,654$76,483,966▲ $3,766,312
Investments Program Related$34,636,006$36,781,646▲ $2,145,640
Cash and Non-Interest-Bearing Accounts$5,061,603$12,660,709▲ $7,599,106
Accounts Receivable$5,180,252$5,758,343▲ $578,091
Inventories for Sale or Use$1,276,073$1,454,007▲ $177,934
Prepaid Expenses and Deferred Charges$100,977$102,956▲ $1,979
Other Notes and Loans Receivable, Net$108,000$72,000▼ $36,000
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$169,146,759$181,862,194▲ $12,715,435
Other Assets Total$1,203,456$834,673▼ $368,783
Liabilities
Mortgage Notes Payable Secured by Investment Property$87,378,191$96,649,000▲ $9,270,809
Accounts Payable and Accrued Expenses$7,841,288$7,510,236▼ $331,052
Other Liabilities$1,209,626$1,218,992▲ $9,366
Total Liabilities$96,429,105$105,378,228▲ $8,949,123
Net Assets / Fund Balance
Total Net Assets Fund Balance$72,717,654$76,483,966▲ $3,766,312
Total Liabilities and Net Assets / Fund Balance$169,146,759$181,862,194▲ $12,715,435

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$118,141,061$41,373,183$159,514,244
Buildings$944,053$5,522,647$6,466,700
Land$5,112,746-$5,112,746
Investment Program Related Org$698--
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Todd CulleyCEOFT$234,537$141,274$375,811
Vicki KemnaAssistant ManagerFT$171,039$199,522$370,561
Ryan EulissCFO/Manager of FinanceFT$160,919$106,436$267,355
James GoodnightOperations ManagerFT$133,782$98,286$232,068
Andrew PetriManager of Engineering andFT$128,590$97,780$226,370
Matthew CopeLine ForemanFT$84,919$116,179$201,098
Travis LynnLead LinemanFT$83,143$117,873$201,016
Jeffrey MarrenLine ForemanFT$101,936$93,930$195,866
Andrew StantonDirector-$31,627-$31,627
Darin SchnarreDirectorPT$31,219-$31,219
John BullardDirectorPT$30,848-$30,848
Joel BullardPresidentPT$28,707-$28,707
Jay TurnerDirectorPT$24,917-$24,917
Frank GlennSecretaryPT$11,914-$11,914
Kimberly PonderTreasurer-$10,752-$10,752
Michele MotleyDirector-$8,411-$8,411
Wayne WilcoxVice President-$6,651-$6,651

Highest Paid Contractors

ContractorServicesLocationCompensation
Coil ConstructionBuilding Construction209 E Broadway, Columbia, MO 65203$1,030,836
Graybar Electric CoElectric Distribution Equipment34 N Meramec Ave, Clayton, MO 63105$713,072
Vegetation Management & Control LLCROW Clearing10651 E Kroeger Rd, Centralia, MO 65240$686,840
Burbridge Tree Service LLCROW Clearing4301 W Hwy 124, Harrisburg, MO 65256$642,068
Hentges Tree Service IncROW Clearing5905 Old Lohman Rd, Jefferson City, MO 65109$419,060
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$65,556,527
Investment Income
$-61,285
Other Revenue
$0
Change in Net Assets
$3,766,312

Audited Revenue Reconciliation

Revenue per Audited Statements
$65,495,242
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$65,495,242
Total Revenue per Form 990
$65,495,242
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$58,010,537
Salaries, Compensation, and Employee Benefits$773,913
Grants and Similar Amounts Paid$174,937
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$5,329,595--$5,329,595
Interest$4,155,956--$4,155,956
Other Expenses$3,791,891--$3,791,891
All Other Expenses$2,918,030--$2,918,030
Benefits to Members$2,769,543--$2,769,543
Current Officers, Directors, Trustees, and Key Employees$773,913--$773,913
Grants to Domestic Orgs$174,937--$174,937
Total Functional Expenses$61,728,930$0$0$61,728,930

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$61,728,930
Expenses per Audited Statements$58,784,450
Total Expenses per Audited Statements$58,784,450
Expenses Not Reported on Financial Statements$2,944,480
Other Expense Adjustments$2,944,480
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$174,937
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$1,116,123
RUS Discount$102,869
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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
2021-10-13
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
102
Volunteers
0

Preparer

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

Financial Statement Notes

Part XII, Line 4B - Other Adjustments:

“Capital Credits Retired, reported as amounts paid to members on Form 990 2,769,543. Capital Credits donated to Boone Electric Community Trust, Reported as Grant 174,937.”

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IRS990/Form990PartVIISectionAGrp/PersonNm0Todd Culley
IRS990/Form990PartVIISectionAGrp/PersonNm1Vicki Kemna
IRS990/Form990PartVIISectionAGrp/PersonNm2Ryan Euliss
IRS990/Form990PartVIISectionAGrp/PersonNm3Andrew Petri
IRS990/Form990PartVIISectionAGrp/PersonNm4Jeffrey Marren
IRS990/Form990PartVIISectionAGrp/PersonNm5James Goodnight
IRS990/Form990PartVIISectionAGrp/PersonNm6Travis Lynn
IRS990/Form990PartVIISectionAGrp/PersonNm7Matthew Cope
IRS990/Form990PartVIISectionAGrp/PersonNm8Andrew Stanton
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IRS990/Form990PartVIISectionAGrp/PersonNm15Michele Motley
IRS990/Form990PartVIISectionAGrp/PersonNm16Wayne Wilcox
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1186538
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2172966
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3142744
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4139322
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5139053
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6135942
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7133205
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1128707
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1224917
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1311914
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1410752
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt158411
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt166651
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Assistant Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO/Manager of Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt3Manager of Engineering and
IRS990/Form990PartVIISectionAGrp/TitleTxt4Line Foreman
IRS990/Form990PartVIISectionAGrp/TitleTxt5Operations Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt6Lead Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt7Line Foreman
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11President
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt14Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Vice President
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-148840
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0174937
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0174937
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0108192
IRS990/GrossReceiptsAmt065752274
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt030
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt04155956
IRS990/InterestGrp/TotalAmt04155956
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01276073
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01454007
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt087555
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt087555
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt034636006
IRS990/InvestmentsProgramRelatedGrp/EOYAmt036781646
IRS990/IRPDocumentCnt035
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt046895830
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0121580392
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0124197860
IRS990/LandBldgEquipCostOrOtherBssAmt0171093690
IRS990/LegalDomicileStateCd0MO
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0257032
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt064516324
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 supply 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/BOYAmt087378191
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt096649000
IRS990/NetAssetsOrFundBalancesBOYAmt072717654
IRS990/NetAssetsOrFundBalancesEOYAmt076483966
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-148840
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-148840
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01203456
IRS990/OtherAssetsTotalGrp/EOYAmt0834673
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Cost of Purchased Power
IRS990/OtherExpensesGrp/Desc1Distribution Exp-Mainte
IRS990/OtherExpensesGrp/Desc2Administrative and Gene
IRS990/OtherExpensesGrp/Desc3Distribution Exp-Operat
IRS990/OtherExpensesGrp/ProgramServicesAmt033042636
IRS990/OtherExpensesGrp/ProgramServicesAmt14886312
IRS990/OtherExpensesGrp/ProgramServicesAmt23886117
IRS990/OtherExpensesGrp/ProgramServicesAmt33791891
IRS990/OtherExpensesGrp/TotalAmt033042636
IRS990/OtherExpensesGrp/TotalAmt14886312
IRS990/OtherExpensesGrp/TotalAmt23886117
IRS990/OtherExpensesGrp/TotalAmt33791891
IRS990/OtherLiabilitiesGrp/BOYAmt01209626
IRS990/OtherLiabilitiesGrp/EOYAmt01218992
IRS990/OtherSourcesGrossIncomeAmt0978918
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0108000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt072000
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0100977
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0102956
IRS990/PrincipalOfficerNm0Todd Culley
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/BusinessCd4221000
IRS990/ProgramServiceRevenueGrp/Desc0Sales of Energy
IRS990/ProgramServiceRevenueGrp/Desc1Capital Credits
IRS990/ProgramServiceRevenueGrp/Desc2Other Electric Revenues
IRS990/ProgramServiceRevenueGrp/Desc3Merchandising
IRS990/ProgramServiceRevenueGrp/Desc4Non-Operating Margins
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt061479124
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13508667
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2544257
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt335048
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4-10569
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt061479124
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13508667
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2544257
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt335048
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4-10569
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt03072316
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt0248861
IRS990/PYInvestmentIncomeAmt0123093
IRS990/PYOtherExpensesAmt057134256
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt064220928
IRS990/PYRevenuesLessExpensesAmt03086267
IRS990/PYSalariesCompEmpBnftPaidAmt0802321
IRS990/PYTotalExpensesAmt061257754
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt064344021
IRS990/ReconcilationRevenueExpnssAmt03766312
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IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt072717654
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt076483966
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0944053
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05522647
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06466700
IRS990ScheduleD/EquipmentGrp/BookValueAmt0118141061
IRS990ScheduleD/EquipmentGrp/DepreciationAmt041373183
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0159514244
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt02944480
IRS990ScheduleD/ExpensesSubtotalAmt058784450
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0276
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12086349
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt27606
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt31534341
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt433152376
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5698
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/BookValueAmt05112746
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05112746
IRS990ScheduleD/OtherExpensesNotIncludedAmt02944480
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0102869

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$181,862,194
Liabilities
$105,378,228
Net assets
$76,483,966
Revenue
$65,495,242
Expenses
$61,728,930
Net income
$3,766,312
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