Civic Intelligence

Boone Electric Cooperative

990 • Fiscal year 2021 • EIN 43-0188985

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 13, 2022

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

66th percentile

0.59x

Higher debt load relative to assets than 66% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2021

Liabilities / Revenue

73rd percentile

1.82x

Higher debt load relative to revenue than 73% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2021

Net Margin

88th percentile

9.1%

Higher net margin than 88% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2021

Top Officer Pay

59th percentile

$382,142

Higher top officer pay than 59% of similar nonprofits.

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

2021 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2021

Asset Growth

84th percentile

10%

Faster asset growth than 84% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2020 to 2021

Revenue Growth

14th percentile

-0.6%

Faster revenue growth than 14% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$200,825,736

Up $18,963,542 (+10%) from 2020

Net Assets

Up

$82,400,334

Up $5,916,368 (+7.7%) from 2020

Liabilities

Up

$118,425,402

Up $13,047,174 (+12%) from 2020

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin88th percentile

Revenue

Down

$65,114,805

Down $380,437 (-0.6%) from 2020

Expenses

Down

$59,198,437

Down $2,530,493 (-4.1%) from 2020

Net Income

Up

$5,916,368

Up $2,150,056 (+57%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth84th 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

2021

Assets$200,825,736
Liabilities$118,425,402
Net Assets$82,400,334
Open 2021 Filing

Operations Trend

Revenue Growth14th 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

2021

Revenue$65,114,805
Expenses$59,198,437
Net Income$5,916,368
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 13, 2022
Return Version
2021v4.2
Gross Receipts
$66,137,946
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$124,197,860$139,776,366▲ $15,578,506
Rtn Earn Endowment Incm Other Fnds$76,483,966$82,400,334▲ $5,916,368
Investments Program Related$36,781,646$37,356,059▲ $574,413
Cash and Non-Interest-Bearing Accounts$12,660,709$14,809,885▲ $2,149,176
Accounts Receivable$5,758,343$6,331,656▲ $573,313
Inventories for Sale or Use$1,454,007$1,987,424▲ $533,417
Prepaid Expenses and Deferred Charges$102,956$105,510▲ $2,554
Other Notes and Loans Receivable, Net$72,000$36,000▼ $36,000
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$181,862,194$200,825,736▲ $18,963,542
Other Assets Total$834,673$422,836▼ $411,837
Liabilities
Mortgage Notes Payable Secured by Investment Property$96,649,000$106,865,711▲ $10,216,711
Accounts Payable and Accrued Expenses$7,510,236$10,312,414▲ $2,802,178
Other Liabilities$1,218,992$1,247,277▲ $28,285
Total Liabilities$105,378,228$118,425,402▲ $13,047,174
Net Assets / Fund Balance
Total Net Assets Fund Balance$76,483,966$82,400,334▲ $5,916,368
Total Liabilities and Net Assets / Fund Balance$181,862,194$200,825,736▲ $18,963,542

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$119,718,631$44,648,152$164,366,783
Buildings$15,012,220$2,210,453$17,222,673
Land$5,045,515-$5,045,515
Investment Program Related Org$700--
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Todd CulleyCEOFT$232,580$149,562$382,142
Vicki KemnaAssistant ManagerFT$169,116$196,897$366,013
Ryan EulissCFO/Manager of FinanceFT$158,105$120,518$278,623
James GoodnightOperations ManagerFT$123,364$120,032$243,396
Andrew PetriManager of Engineering andFT$126,545$108,853$235,398
Robert HawkinsLine ForemanFT$95,666$126,003$221,669
Jeremy DrechselLead LinemanFT$87,775$87,380$175,155
Travis MeyersLead LinemanFT$85,373$68,733$154,106
Andrew StantonDirectorPT$31,852-$31,852
Joel BullardPresidentPT$31,412-$31,412
Darin SchnarreDirectorPT$29,679-$29,679
John BullardDirectorPT$26,902-$26,902
Jay TurnerDirectorPT$25,417-$25,417
Frank GlennDirectorPT$16,011-$16,011
Kimberly PonderTreasurerPT$15,222-$15,222
Michelle MotleySecretaryPT$10,386-$10,386
Wayne WilcoxVice PresidentPT$9,586-$9,586
Timothy HudspethDirectorPT$7,084-$7,084

Highest Paid Contractors

ContractorServicesLocationCompensation
Graybar Electric CoElectric Distribution Equipment34 N Meramec Ave, Clayton, MO 63105$912,429
Vegetation Management & Control LLCROW Clearing10651 E Kroeger Rd, Centralia, MO 65240$451,150
Burbridge Tree Service LLCROW Clearing4301 W Hwy 124, Harrisburg, MO 65256$389,742
Hentges Tree Service IncROW Clearing5905 Old Lohman Rd, Jefferson City, MO 65109$380,479
Selcon ConstConstructionPO Box 338, Jonesburg, MO 63351$275,766
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$65,926,513
Investment Income
$-811,708
Other Revenue
$0
Change in Net Assets
$5,916,368

Audited Revenue Reconciliation

Revenue per Audited Statements
$65,114,805
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$65,114,805
Total Revenue per Form 990
$65,114,805
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$56,899,035
Salaries, Compensation, and Employee Benefits$788,587
Grants and Similar Amounts Paid$217,735
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$5,159,638--$5,159,638
Interest$4,441,439--$4,441,439
Other Expenses$3,577,082--$3,577,082
All Other Expenses$2,762,295--$2,762,295
Benefits to Members$1,293,080--$1,293,080
Current Officers, Directors, Trustees, and Key Employees$788,587--$788,587
Grants to Domestic Orgs$217,735--$217,735
Total Functional Expenses$59,198,437$0$0$59,198,437

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$59,198,437
Expenses per Audited Statements$57,687,622
Total Expenses per Audited Statements$57,687,622
Expenses Not Reported on Financial Statements$1,510,815
Other Expense Adjustments$1,510,815
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$217,735
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$1,159,649
RUS Discount$87,628
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
2022-09-13
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
106
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 1,293,080. Capital Credits donated to Boone Electric Community Trust, Reported as Grant 217,735.”

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IRS990/Form990PartVIISectionAGrp/PersonNm11John Bullard
IRS990/Form990PartVIISectionAGrp/PersonNm12Jay Turner
IRS990/Form990PartVIISectionAGrp/PersonNm13Frank Glenn
IRS990/Form990PartVIISectionAGrp/PersonNm14Kimberly Ponder
IRS990/Form990PartVIISectionAGrp/PersonNm15Michelle Motley
IRS990/Form990PartVIISectionAGrp/PersonNm16Wayne Wilcox
IRS990/Form990PartVIISectionAGrp/PersonNm17Timothy Hudspeth
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1185290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2170661
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3141047
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4137804
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5128366
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6126348
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7126236
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt831852
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1029679
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1510386
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt169586
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt177084
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Assistant Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO/Manager of Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt3Manager of Engineering and
IRS990/Form990PartVIISectionAGrp/TitleTxt4Operations Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt5Line Foreman
IRS990/Form990PartVIISectionAGrp/TitleTxt6Lead Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt7Lead Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9President
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt15Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt16Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-947347
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0217735
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0217735
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0217735
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt075794
IRS990/GrossReceiptsAmt066137946
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt028
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt04441439
IRS990/InterestGrp/TotalAmt04441439
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01454007
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01987424
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0135639
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0135639
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt036781646
IRS990/InvestmentsProgramRelatedGrp/EOYAmt037356059
IRS990/IRPDocumentCnt033
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt046858605
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0124197860
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0139776366
IRS990/LandBldgEquipCostOrOtherBssAmt0186634971
IRS990/LegalDomicileStateCd0MO
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01023141
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt064740743
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/BOYAmt096649000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0106865711
IRS990/NetAssetsOrFundBalancesBOYAmt076483966
IRS990/NetAssetsOrFundBalancesEOYAmt082400334
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-947347
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-947347
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0834673
IRS990/OtherAssetsTotalGrp/EOYAmt0422836
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Cost of Purchased Power
IRS990/OtherExpensesGrp/Desc1Distribution Exp-Operat
IRS990/OtherExpensesGrp/Desc2Distribution Exp-Mainte
IRS990/OtherExpensesGrp/Desc3Administrative and Gene
IRS990/OtherExpensesGrp/ProgramServicesAmt032800619
IRS990/OtherExpensesGrp/ProgramServicesAmt14269441
IRS990/OtherExpensesGrp/ProgramServicesAmt23888521
IRS990/OtherExpensesGrp/ProgramServicesAmt33577082
IRS990/OtherExpensesGrp/TotalAmt032800619
IRS990/OtherExpensesGrp/TotalAmt14269441
IRS990/OtherExpensesGrp/TotalAmt23888521
IRS990/OtherExpensesGrp/TotalAmt33577082
IRS990/OtherLiabilitiesGrp/BOYAmt01218992
IRS990/OtherLiabilitiesGrp/EOYAmt01247277
IRS990/OtherSourcesGrossIncomeAmt0374062
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt072000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt036000
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0102956
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0105510
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/RelatedOrExemptFuncIncomeAmt063621190
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11597559
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2631602
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3103443
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4-27281
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt063621190
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11597559
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2631602
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3103443
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4-27281
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IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt0174937
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IRS990/PYOtherExpensesAmt058010537
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt065556527
IRS990/PYRevenuesLessExpensesAmt03766312
IRS990/PYSalariesCompEmpBnftPaidAmt0773913
IRS990/PYTotalExpensesAmt061728930
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt065495242
IRS990/ReconcilationRevenueExpnssAmt05916368
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt065114805
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt076483966
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt082400334
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt015012220
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02210453
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt017222673
IRS990ScheduleD/EquipmentGrp/BookValueAmt0119718631
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044648152
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0164366783
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01510815
IRS990ScheduleD/ExpensesSubtotalAmt057687622
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0276
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12043965
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt27755
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt31519966
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt433783397
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5700
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

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$200,825,736
Liabilities
$118,425,402
Net assets
$82,400,334
Revenue
$65,114,805
Expenses
$59,198,437
Net income
$5,916,368
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