Civic Intelligence

Howard Electric Cooperative

990 • Fiscal year 2014 • EIN 43-0330970

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 20, 2015

Organization Profilehowardelectric.com
PO Box 391Fayette, MO 65248

(660) 248-3311

Siviq Scores

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

Liabilities / Assets

74th percentile

0.53x

Higher debt load relative to assets than 74% of similar nonprofits.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

59th percentile

1.74x

Higher debt load relative to revenue than 59% of similar nonprofits.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2014

Net Margin

31st percentile

0.0%

Higher net margin than 31% of similar nonprofits.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

93rd percentile

$225,331

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Source year 2014

Asset Growth

84th percentile

8.7%

Faster asset growth than 84% of similar nonprofits.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

65th percentile

3.5%

Faster revenue growth than 65% of similar nonprofits.

2014 filings • 501(c)12 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$21,384,146

Up $1,710,949 (+8.7%) from 2013

Net Assets

Up

$9,991,300

Up $449,743 (+4.7%) from 2013

Liabilities

Up

$11,392,846

Up $1,261,206 (+12%) from 2013

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin31st percentile

Revenue

Up

$6,554,483

Up $222,734 (+3.5%) from 2013

Expenses

Up

$6,554,483

Up $222,734 (+3.5%) from 2013

Net Income

Flat

$0

Flat from 2013

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

$40M$30M$20M$10M$0Assets 2010: $16,081,477Liabilities 2010: $7,583,366Net Assets 2010: $8,498,1112010Assets 2011: $17,500,520Liabilities 2011: $8,652,150Net Assets 2011: $8,848,3702011Assets 2012: $17,689,447Liabilities 2012: $8,668,846Net Assets 2012: $9,020,6012012Assets 2013: $19,673,197Liabilities 2013: $10,131,640Net Assets 2013: $9,541,5572013Assets 2014: $21,384,146Liabilities 2014: $11,392,846Net Assets 2014: $9,991,3002014Assets 2015: $21,937,174Liabilities 2015: $11,836,504Net Assets 2015: $10,100,6702015Assets 2016: $22,780,229Liabilities 2016: $12,237,294Net Assets 2016: $10,542,9352016Assets 2017: $24,308,838Liabilities 2017: $13,638,948Net Assets 2017: $10,669,8902017Assets 2018: $25,382,498Liabilities 2018: $14,068,124Net Assets 2018: $11,314,3742018Assets 2019: $25,895,000Liabilities 2019: $14,218,774Net Assets 2019: $11,676,2262019Assets 2020: $26,616,692Liabilities 2020: $14,662,328Net Assets 2020: $11,954,3642020Assets 2021: $28,589,659Liabilities 2021: $16,477,974Net Assets 2021: $12,111,6852021Assets 2022: $29,268,152Liabilities 2022: $16,729,695Net Assets 2022: $12,538,4572022Assets 2023: $31,290,611Liabilities 2023: $17,915,659Net Assets 2023: $13,374,9522023Assets 2024: $31,527,993Liabilities 2024: $17,030,450Net Assets 2024: $14,497,5432024

Highlighted filing

2014

Assets$21,384,146
Liabilities$11,392,846
Net Assets$9,991,300
Open 2014 Filing

Operations Trend

Revenue Growth65th percentile

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

$10M$5.0M$0Expenses 2010: $5,248,8522010Expenses 2011: $5,764,6722011Expenses 2012: $5,765,6662012Revenue 2013: $6,331,749Expenses 2013: $6,331,749Net Income 2013: $02013Revenue 2014: $6,554,483Expenses 2014: $6,554,483Net Income 2014: $02014Revenue 2015: $6,362,421Expenses 2015: $6,362,421Net Income 2015: $02015Revenue 2016: $6,743,296Expenses 2016: $6,302,066Net Income 2016: $441,2302016Revenue 2017: $6,785,275Expenses 2017: $6,658,795Net Income 2017: $126,4802017Revenue 2018: $8,551,597Expenses 2018: $7,177,763Net Income 2018: $1,373,8342018Revenue 2019: $7,966,057Expenses 2019: $7,430,515Net Income 2019: $535,5422019Revenue 2020: $7,850,430Expenses 2020: $7,674,042Net Income 2020: $176,3882020Revenue 2021: $7,815,337Expenses 2021: $7,759,591Net Income 2021: $55,7462021Revenue 2022: $8,108,424Expenses 2022: $7,957,567Net Income 2022: $150,8572022Revenue 2023: $8,918,400Expenses 2023: $8,082,805Net Income 2023: $835,5952023Revenue 2024: $9,465,174Expenses 2024: $8,773,473Net Income 2024: $691,7012024

Highlighted filing

2014

Revenue$6,554,483
Expenses$6,554,483
Net Income$0
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 20, 2015
Return Version
2014v5.0
Gross Receipts
$6,554,483
Mission and Program Overview

Mission

As a cooperative, Howard Electric operates on a non-profit basis. All revenue above the cost of doing business (margins) is assigned to the members under a patronage refund plan called capital credits. The cooperative assigned capital credits annually and keeps a careful record of each member's investment in the co-op.

To provide reliable service to our members at the most economical price

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,193,868$15,590,874▲ $1,397,006
Rtn Earn Endowment Incm Other Fnds$9,541,557$9,991,300▲ $449,743
Investments Program Related$2,647,551$2,740,002▲ $92,451
Savings and Temporary Cash Investments$1,119,070$1,531,951▲ $412,881
Prepaid Expenses and Deferred Charges$583,439$591,974▲ $8,535
Accounts Receivable$613,748$517,251▼ $96,497
Inventories for Sale or Use$329,980$354,659▲ $24,679
Cash and Non-Interest-Bearing Accounts$183,296$57,435▼ $125,861
Total Assets$19,673,197$21,384,146▲ $1,710,949
Other Assets Total$2,245--
Liabilities
Mortgage Notes Payable Secured by Investment Property$9,025,417$8,362,424▼ $662,993
Other Liabilities$825,502$2,734,000▲ $1,908,498
Accounts Payable and Accrued Expenses$280,721$296,422▲ $15,701
Total Liabilities$10,131,640$11,392,846▲ $1,261,206
Net Assets / Fund Balance
Total Net Assets Fund Balance$9,541,557$9,991,300▲ $449,743
Total Liabilities and Net Assets / Fund Balance$19,673,197$21,384,146▲ $1,710,949

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$170,552--
Buildings$441,281$335,341-
Other Land Buildings$407,067--
Land$22,783--
Equipment$14,719,743$5,570,383-
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard FowlerCEOFT$176,307$49,024$225,331
Mardell WiesOffice ManagerFT$78,554$70,781$149,335
Bill JohnDirectorPT$6,400-$6,400
George FrinkDirector-$6,200-$6,200
Ken NordmeyerVice President-$6,000-$6,000
Debbie WiswallSecretary-$5,600-$5,600
Randy AsburyDirector-$5,000-$5,000
Richard TaylorTreasurer-$4,400-$4,400
Marvin HilgedickDirector-$3,400-$3,400
Dale KirbyPresident-$2,800-$2,800
Oran BouldenDirector-$2,400-$2,400

Highest Paid Contractors

ContractorServicesLocationCompensation
Burbridge Tree ServiceRight of way clearSOUTH PROVIDENCE ROAD, Columbia, MO 65203$180,471
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,362,404
Investment Income
$127,437
Other Revenue
$64,642
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,897,694
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$656,789--$656,789
Other Expenses$650,768--$650,768
Depreciation Depletion$571,372--$571,372
Interest$380,964--$380,964
All Other Expenses$151,801--$151,801
Total Functional Expenses$6,554,483$0$0$6,554,483
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
Central Electric Power CooperativeCommon Board MemberPurchased Power ExpMisc ExpNo$3,021,075
Assoc of Missouri Electric CoopsCommon Board MemberMember ServicesNo$48,330
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Current Maturities of LTD$2,483,500
Consumer deposits$138,150
Other Deferred Credits$54,857
Deferred Compensation$30,166
Other current & accrued liab$19,055
Customer advances for construction$8,272
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

“Member owned cooperative.”

Member election for additional members Part VI line 7A

“Each member of the cooperative shall be entitled to vote in the election of the board ofdirectors.”

Governing body decisions Part VI line 7B

“Board consists of 9 directors who are elected by the membership.”

Form 990 governing body review Part VI line 11

“Management and paid preparer review drafts of Form 990 prior to efiling. Board reviews at the meeting following filing of the 990.”

CEO executive director top management comp Part VI line 15A

“Salaries are reviewed in the fall and the board determines if raises are justified.”

Other officer or key employee compensation Part VI line 15B

“Salaries are reviewed in the fall and the board determines if raises are justified.”

Governing documents etc available to public Part VI line 19

“Governing documents and financial statements are made available to the public uponrequest.”

Filing and Contact Details

Filer

Filer Name
Howard Electric Cooperative
EIN
43-0330970
Address
PO Box 391, Fayette, MO 65248

Signing Officer

Name
Richard Fowler
Title
CEO
Phone
6602483311
Signed
2015-07-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Fowler
Formed
1936
Legal Domicile
Mo
Voting Board Members
9
Independent Board Members
9
Employees
15

Preparer

Firm
Schmidt & Company LLC
Address
923 NE Woods Chapel Rd Suite 304, Lees Summit, MO 64064
Preparer
Matthew D Sharp CPA
Phone
8883910229
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Other changes in net assets or fund balances consists of annual changes to memberships, donated capital, and retired capital credits.”

General explanation attachment

“Part VII, Section A, Column F-The contribution rate for participants in the NRECA R&S defined benefit pension plan are the same for all individuals in the plan. The change in actuarial value for each participant, however varies with age. In other words, the older a plan participant is, the greater the increase in that individual's change in actuarial value, all other things being equal. Page 10, Part IX, Line 4, Benefits paid to or for members: The Cooperative allocated patronage capital credits to its members in this amount.”

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

“The Cooperative has been granted exemption from federal income tax under Section 501(c)(12) of the Internal Revenue Code. Net margins are allocated to patrons. The Cooperative evaluates the components of the annual test for maintenance of its tax-exempt status under section 501(c)(12) of the Internal Revenue Code of 1986, as amended. This process includes an analysis of whether the position the Cooperative takes with regard to a particular item of income would meet the definition of an uncertain tax position under FASB ASC 740-10-50, Accounting for Uncertainty in Income Taxes. The Cooperative is subject to routine audits by taxing jurisdictions. The last three tax years remain open to examination by the Internal Revenue Service.”

Raw XML AppendixShowing 400 of 485 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/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt09025417
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt08362424
IRS990/NetAssetsOrFundBalancesBOYAmt09541557
IRS990/NetAssetsOrFundBalancesEOYAmt09991300
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02245
IRS990/OtherChangesInNetAssetsAmt0449743
IRS990/OtherExpensesGrp/Desc0Cost of Power
IRS990/OtherExpensesGrp/Desc1Operating & Maint Expense
IRS990/OtherExpensesGrp/Desc2Customer Expenses
IRS990/OtherExpensesGrp/Desc3A&G
IRS990/OtherExpensesGrp/ProgramServicesAmt02844301
IRS990/OtherExpensesGrp/ProgramServicesAmt1870544
IRS990/OtherExpensesGrp/ProgramServicesAmt2427944
IRS990/OtherExpensesGrp/ProgramServicesAmt3650768
IRS990/OtherExpensesGrp/TotalAmt02844301
IRS990/OtherExpensesGrp/TotalAmt1870544
IRS990/OtherExpensesGrp/TotalAmt2427944
IRS990/OtherExpensesGrp/TotalAmt3650768
IRS990/OtherLiabilitiesGrp/BOYAmt0825502
IRS990/OtherLiabilitiesGrp/EOYAmt02734000
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/Desc0Subsidiary earnings
IRS990/OtherRevenueMiscGrp/ExclusionAmt064642
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt064642
IRS990/OtherRevenueTotalAmt064642
IRS990/OtherSourcesGrossIncomeAmt0348356
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0583439
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0591974
IRS990/PrincipalOfficerNm0Richard Fowler
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0Sales of electricity
IRS990/ProgramServiceRevenueGrp/Desc1Other electric revenu
IRS990/ProgramServiceRevenueGrp/Desc2Capital Credits
IRS990/ProgramServiceRevenueGrp/Desc3Pole rental revenue
IRS990/ProgramServiceRevenueGrp/ExclusionAmt05775
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06057704
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt178006
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2220919
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06057704
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt178006
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2220919
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35775
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0543820
IRS990/PYInvestmentIncomeAmt0126248
IRS990/PYOtherExpensesAmt05787929
IRS990/PYOtherRevenueAmt026080
IRS990/PYProgramServiceRevenueAmt06179421
IRS990/PYTotalExpensesAmt06331749
IRS990/PYTotalRevenueAmt06331749
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt06554483
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt09541557
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt09991300
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01119070
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01531951
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0441281
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0335341
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0776622
IRS990ScheduleD/EquipmentGrp/BookValueAmt014719743
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05570383
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt020290126
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0310565
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12258885
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2170552
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Subsidiary companies
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Associated organizations-patronage
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2Assoc Organiz-nongeneral funds
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/LandGrp/BookValueAmt022783
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt022783
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0407067
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0407067
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08272
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1138150
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt219055
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32483500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt430166
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt554857
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Customer advances for construction
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Consumer deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Other current & accrued liab
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Current Maturities of LTD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Deferred Compensation
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5Other Deferred Credits
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Cooperative has been granted exemption from federal income tax under Section 501(c)(12) of the Internal Revenue Code. Net margins are allocated to patrons. The Cooperative evaluates the components of the annual test for maintenance of its tax-exempt status under section 501(c)(12) of the Internal Revenue Code of 1986, as amended. This process includes an analysis of whether the position the Cooperative takes with regard to a particular item of income would meet the definition of an uncertain tax position under FASB ASC 740-10-50, Accounting for Uncertainty in Income Taxes. The Cooperative is subject to routine audits by taxing jurisdictions. The last three tax years remain open to examination by the Internal Revenue Service.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Footnote for uncertain tax position under FIN 48 (Part X)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015590874
IRS990ScheduleD/TotalBookValueProgramRltdAmt02740002
IRS990ScheduleD/TotalLiabilityAmt02734000
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0176307
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt024773
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt020055
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt04196
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Richard Fowler
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0225331
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Central Electric Power Cooperative
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1Assoc of Missouri Electric Coops
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Common Board Member
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Common Board Member
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt03021075
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt148330
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Purchased Power ExpMisc Exp
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Member Services
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Member owned cooperative.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each member of the cooperative shall be entitled to vote in the election of the board ofdirectors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board consists of 9 directors who are elected by the membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Management and paid preparer review drafts of Form 990 prior to efiling. Board reviews at the meeting following filing of the 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Salaries are reviewed in the fall and the board determines if raises are justified.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Salaries are reviewed in the fall and the board determines if raises are justified.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Governing documents and financial statements are made available to the public uponrequest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Other changes in net assets or fund balances consists of annual changes to memberships, donated capital, and retired capital credits.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Part VII, Section A, Column F-The contribution rate for participants in the NRECA R&S defined benefit pension plan are the same for all individuals in the plan. The change in actuarial value for each participant, however varies with age. In other words, the older a plan participant is, the greater the increase in that individual's change in actuarial value, all other things being equal. Page 10, Part IX, Line 4, Benefits paid to or for members: The Cooperative allocated patronage capital credits to its members in this amount.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8General explanation attachment
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0Howard Electric Cooperative
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0383722355
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Internet service
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Howard Electric Service Compan
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt048178
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt064642
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0PO Box 391
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Fayette
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd0652480391
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0431869099
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0MO
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct00.50000
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0Unrelated
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0Sale of Propane
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0Howard Electric-MFA Propane LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt0337289
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt065081
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0PO Box 519
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0Columbia
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0MO
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd065205

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,384,146
Liabilities
$11,392,846
Net assets
$9,991,300
Revenue
$6,554,483
Expenses
$6,554,483
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.5$17.0$14.5$9.47$8.77$0.69
2023Detailed filing. Detailed filing data is available for this year.$31.3$17.9$13.4$8.92$8.08$0.84
2022Detailed filing. Detailed filing data is available for this year.$29.3$16.7$12.5$8.11$7.96$0.15
2021Detailed filing. Detailed filing data is available for this year.$28.6$16.5$12.1$7.82$7.76$0.06
2020Detailed filing. Detailed filing data is available for this year.$26.6$14.7$12.0$7.85$7.67$0.18
2019Detailed filing. Detailed filing data is available for this year.$25.9$14.2$11.7$7.97$7.43$0.54
2018Detailed filing. Detailed filing data is available for this year.$25.4$14.1$11.3$8.55$7.18$1.37
2017Detailed filing. Detailed filing data is available for this year.$24.3$13.6$10.7$6.79$6.66$0.13
2016Detailed filing. Detailed filing data is available for this year.$22.8$12.2$10.5$6.74$6.30$0.44
2015Detailed filing. Detailed filing data is available for this year.$21.9$11.8$10.1$6.36$6.36$0.00
2014Detailed filing. Detailed filing data is available for this year.$21.4$11.4$9.99$6.55$6.55$0.00
2013Detailed filing. Detailed filing data is available for this year.$19.7$10.1$9.54$6.33$6.33$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.7$8.67$9.02$5.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$8.65$8.85$5.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.1$7.58$8.50$5.25