Civic Intelligence

Macon Electric Cooperative

990 • Fiscal year 2016 • EIN 43-0388909

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 09, 2017

Organization Profilewww.maconelectric.com
PO Box 157Macon, MO 63552

(660) 385-3157

Siviq Scores

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

Liabilities / Assets

55th percentile

0.55x

Higher debt load relative to assets than 55% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

57th percentile

1.43x

Higher debt load relative to revenue than 57% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2016

Net Margin

81st percentile

7.2%

Higher net margin than 81% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

8th percentile

$122,250

Higher top officer pay than 8% of similar nonprofits.

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

2016 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2016

Asset Growth

95th percentile

12%

Faster asset growth than 95% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

65th percentile

3.2%

Faster revenue growth than 65% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$65,075,752

Up $6,735,000 (+12%) from 2015

Net Assets

Up

$29,243,767

Up $1,811,225 (+6.6%) from 2015

Liabilities

Up

$35,831,985

Up $4,923,775 (+16%) from 2015

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin81st percentile

Revenue

Up

$25,130,840

Up $771,155 (+3.2%) from 2015

Expenses

Down

$23,319,615

Down $242,379 (-1.0%) from 2015

Net Income

Up

$1,811,225

Up $1,013,534 (+127%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$100M$50M$0Assets 2010: $46,641,898Liabilities 2010: $23,293,963Net Assets 2010: $23,347,9352010Assets 2011: $48,247,342Liabilities 2011: $24,528,118Net Assets 2011: $23,719,2242011Assets 2012: $50,420,834Liabilities 2012: $26,133,380Net Assets 2012: $24,287,4542012Assets 2013: $56,540,783Liabilities 2013: $31,507,247Net Assets 2013: $25,033,5362013Assets 2014: $58,975,129Liabilities 2014: $32,679,400Net Assets 2014: $26,295,7292014Assets 2015: $58,340,752Liabilities 2015: $30,908,210Net Assets 2015: $27,432,5422015Assets 2016: $65,075,752Liabilities 2016: $35,831,985Net Assets 2016: $29,243,7672016Assets 2017: $66,266,211Liabilities 2017: $36,510,046Net Assets 2017: $29,756,1652017Assets 2018: $66,953,333Liabilities 2018: $37,330,475Net Assets 2018: $29,622,8582018Assets 2019: $74,352,384Liabilities 2019: $43,483,309Net Assets 2019: $30,869,0752019Assets 2020: $74,488,932Liabilities 2020: $42,806,225Net Assets 2020: $31,682,7072020Assets 2021: $74,039,174Liabilities 2021: $42,606,345Net Assets 2021: $31,432,8292021Assets 2022: $75,542,614Liabilities 2022: $43,982,032Net Assets 2022: $31,560,5822022Assets 2023: $82,376,090Liabilities 2023: $49,148,045Net Assets 2023: $33,228,0452023Assets 2024: $83,033,964Liabilities 2024: $49,286,807Net Assets 2024: $33,747,1572024

Highlighted filing

2016

Assets$65,075,752
Liabilities$35,831,985
Net Assets$29,243,767
Open 2016 Filing

Operations Trend

Revenue Growth65th percentile

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $20,673,0332010Expenses 2011: $22,748,9972011Expenses 2012: $22,504,7282012Revenue 2013: $23,615,440Expenses 2013: $23,606,996Net Income 2013: $8,4442013Revenue 2014: $24,384,910Expenses 2014: $25,122,056Net Income 2014: -$737,1462014Revenue 2015: $24,359,685Expenses 2015: $23,561,994Net Income 2015: $797,6912015Revenue 2016: $25,130,840Expenses 2016: $23,319,615Net Income 2016: $1,811,2252016Revenue 2017: $25,227,035Expenses 2017: $24,714,637Net Income 2017: $512,3982017Revenue 2018: $26,306,281Expenses 2018: $26,439,588Net Income 2018: -$133,3072018Revenue 2019: $26,822,211Expenses 2019: $25,575,994Net Income 2019: $1,246,2172019Revenue 2020: $26,341,330Expenses 2020: $25,527,698Net Income 2020: $813,6322020Revenue 2021: $26,527,886Expenses 2021: $26,277,764Net Income 2021: $250,1222021Revenue 2022: $26,633,057Expenses 2022: $27,061,304Net Income 2022: -$428,2472022Revenue 2023: $29,490,903Expenses 2023: $27,823,440Net Income 2023: $1,667,4632023Revenue 2024: $31,343,808Expenses 2024: $30,824,696Net Income 2024: $519,1122024

Highlighted filing

2016

Revenue$25,130,840
Expenses$23,319,615
Net Income$1,811,225
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$25,130,840
Mission and Program Overview

Mission

At Macon Electric Cooperative, we are dedicated to providing our member-owners with quality and reliable electric service at the lowest possible cost. We also strive to provide services to improve the quality of life throughout the communities we serve.

Dedicated to providing our member-owners with quality and reliable electric service at the lowest possible cost.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$40,410,135$44,686,493▲ $4,276,358
Rtn Earn Endowment Incm Other Fnds$27,432,542$29,243,767▲ $1,811,225
Investments Program Related$10,964,612$11,436,646▲ $472,034
Cash and Non-Interest-Bearing Accounts$1,964,807$3,446,926▲ $1,482,119
Accounts Receivable$2,710,251$3,430,057▲ $719,806
Prepaid Expenses and Deferred Charges$1,729,972$1,616,599▼ $113,373
Inventories for Sale or Use$560,975$459,031▼ $101,944
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$58,340,752$65,075,752▲ $6,735,000
Liabilities
Mortgage Notes Payable Secured by Investment Property$27,619,033$32,239,611▲ $4,620,578
Accounts Payable and Accrued Expenses$1,996,654$2,203,167▲ $206,513
Deferred Revenue$769,952$860,399▲ $90,447
Other Liabilities$522,571$528,808▲ $6,237
Total Liabilities$30,908,210$35,831,985▲ $4,923,775
Net Assets / Fund Balance
Total Net Assets Fund Balance$27,432,542$29,243,767▲ $1,811,225
Total Liabilities and Net Assets / Fund Balance$58,340,752$65,075,752▲ $6,735,000

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$43,747,016$10,860,118$54,607,134
Buildings$805,151$809,260$1,614,411
Land$134,326-$134,326
Investment Program Related Org$202,706--
Compensation and Service Providers
Top Officer Pay8th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donald HellwigGeneral ManagerFT$122,250-$122,250
Todd SchroederGeneral Manager/CEOFT$68,029$13,820$81,849
Larry E RobuckVice PresidentPT$20,995-$20,995
Eugenia Rice-PulliamDirector-$19,842-$19,842
James D CollinsDirectorPT$19,502-$19,502
Joshua HarringtonDirectorPT$19,402-$19,402
Richard L KempSecretary-Treasurer-$12,229-$12,229
Daniel FitzhughDirector-$7,824-$7,824
Glenda S WoodPresidentPT$7,743-$7,743
Robert LongDirector-$4,728-$4,728
Harold EcklerDirector-$3,890-$3,890
Gregory P BrunoDirector-$2,615-$2,615
Alvin WeimerDirector-$2,535-$2,535

Highest Paid Contractors

ContractorServicesLocationCompensation
T and T Tree ServiceROW ClearingPO Box 104, Laplata, MO 63549$172,642
Buerkey SplicingLine ConstructionPO Box 119, Tipton, MO 65081$126,780
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$25,025,934
Investment Income
$104,906
Other Revenue
$0
Change in Net Assets
$1,811,225

Audited Revenue Reconciliation

Revenue per Audited Statements
$25,130,840
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$25,130,840
Total Revenue per Form 990
$25,130,840
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,410,849
Salaries, Compensation, and Employee Benefits$121,305
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,663,168--$1,663,168
Interest$1,091,433--$1,091,433
Other Expenses$958,716--$958,716
All Other Expenses$929,381--$929,381
Benefits to Members$787,461--$787,461
Current Officers, Directors, Trustees, and Key Employees$121,305--$121,305
Total Functional Expenses$23,319,615$0$0$23,319,615

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$23,319,615
Expenses per Audited Statements$22,532,154
Total Expenses per Audited Statements$22,532,154
Expenses Not Reported on Financial Statements$787,461
Other Expense Adjustments$787,461
Expenses Not Reported on Form 990$0
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
-Member/Owner of Cooperative - Common board membersPurchase of electric energy for distributionYes$14,012,485
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$528,808
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

“The organization operates on a cooperative basis. Each customer is a member/owner of the entity and is entitled to one vote per member at the annual meeting.”

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

“Member/owners of the Cooperative elect the Board of Directors at the annual meeting.”

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

“Member/Owners have the ability to vote on amendments to the Cooperative's Bylaws and reserve the right to vote on the sale of the cooperative.”

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

“Management reviews the 990 with the Board of Directors before filing the document.”

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

“Directors are requried to report any conflicts of interest to the General Counsel of the cooperative. The General Counsel acts as the compliance officer.”

Form 990, Part VI, Section B, line 15

“Salaries of top management personnel are reviewed annually by the Board of Directors. Comparative information from industry sources and evaluation of the Manager's performance are determining factors used by the Board.”

Form 990, Part VI, Section C, line 18

“Federal Form 990 is made available through www.guidestar.org or upon request at the Cooperative's office.”

Form 990, Part VI, Section C, line 19

“Governing documents and financial statements are made available through www.guidestar.org or upon request at the Cooperative's office.”

Filing and Contact Details

Filer

Filer Name
Macon Electric Cooperative
EIN
43-0388909
Phone
6603853157
Address
PO Box 157, Macon, MO 63552

Signing Officer

Name
Todd Schroeder
Title
General Manager
Phone
6603853157
Signed
2017-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Schroeder
Formed
1935
Legal Domicile
Mo
Voting Board Members
9
Independent Board Members
9
Employees
52
Volunteers
0

Preparer

Firm
Dennis G Koch CPA
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:

“Retirement of capital credits reported as member benefits”

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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/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary-Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt11General Manager
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt01091433
IRS990/InterestGrp/TotalAmt01091433
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0560975
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0459031
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0104906
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0104906
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt010964612
IRS990/InvestmentsProgramRelatedGrp/EOYAmt011436646
IRS990/IRPDocumentCnt058
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011669378
IRS990/LandBldgEquipBasisNetGrp/BOYAmt040410135
IRS990/LandBldgEquipBasisNetGrp/EOYAmt044686493
IRS990/LandBldgEquipCostOrOtherBssAmt056355871
IRS990/LegalDomicileStateCd0MO
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt024638550
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0At Macon Electric Cooperative, we are dedicated to providing our member-owners with quality and reliable electric service at the lowest possible cost. We also strive to provide services to improve the quality of life throughout the communities we serve.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt027619033
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt032239611
IRS990/NetAssetsOrFundBalancesBOYAmt027432542
IRS990/NetAssetsOrFundBalancesEOYAmt029243767
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Purchased Power
IRS990/OtherExpensesGrp/Desc1Maintenance
IRS990/OtherExpensesGrp/Desc2Administrative Expense
IRS990/OtherExpensesGrp/Desc3Operations
IRS990/OtherExpensesGrp/ProgramServicesAmt014012485
IRS990/OtherExpensesGrp/ProgramServicesAmt12145709
IRS990/OtherExpensesGrp/ProgramServicesAmt21609957
IRS990/OtherExpensesGrp/ProgramServicesAmt3958716
IRS990/OtherExpensesGrp/TotalAmt014012485
IRS990/OtherExpensesGrp/TotalAmt12145709
IRS990/OtherExpensesGrp/TotalAmt21609957
IRS990/OtherExpensesGrp/TotalAmt3958716
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0522571
IRS990/OtherLiabilitiesGrp/EOYAmt0528808
IRS990/OtherSourcesGrossIncomeAmt0492290
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01729972
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01616599
IRS990/PrincipalOfficerNm0Todd Schroeder
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0Electric Service
IRS990/ProgramServiceRevenueGrp/Desc1Capital Credits
IRS990/ProgramServiceRevenueGrp/Desc2Other Electric Revenue
IRS990/ProgramServiceRevenueGrp/Desc3Other
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt023875818
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1813287
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2168627
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3168202
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt023875818
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1813287
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2168627
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3168202
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt01333990
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0227430
IRS990/PYOtherExpensesAmt022103538
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt024132255
IRS990/PYRevenuesLessExpensesAmt0797691
IRS990/PYSalariesCompEmpBnftPaidAmt0124466
IRS990/PYTotalExpensesAmt023561994
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt024359685
IRS990/ReconcilationRevenueExpnssAmt01811225
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt025130840
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt027432542
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt029243767
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0805151
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0809260
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01614411
IRS990ScheduleD/EquipmentGrp/BookValueAmt043747016
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010860118
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt054607134
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0787461
IRS990ScheduleD/ExpensesSubtotalAmt022532154
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt010195329
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1729422
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2123079
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3145558
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt440552
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5202706
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Northeast MO Electric Power Patronage
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1NRUCFC Patronage and Certificates
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2Arkansas Electric Patronage
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3Federated Insurance Patronage
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4Other Patronage Accounts
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5Subsidiary
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/LandGrp/BookValueAmt0134326
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0134326
IRS990ScheduleD/OtherExpensesNotIncludedAmt0787461
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0528808
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Customer Deposits
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt025130840
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Retirement of capital credits reported as member benefits
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt044686493
IRS990ScheduleD/TotalBookValueProgramRltdAmt011436646
IRS990ScheduleD/TotalExpensesPerForm990Amt023319615
IRS990ScheduleD/TotalLiabilityAmt0528808
IRS990ScheduleD/TotalRevenuePerForm990Amt025130840
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt025130840
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt022532154
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Northeast Missouri Electric Power Cooperative
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Member/Owner of Cooperative - Common board members
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd01
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt014012485
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Purchase of electric energy for distribution
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization operates on a cooperative basis. Each customer is a member/owner of the entity and is entitled to one vote per member at the annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Member/owners of the Cooperative elect the Board of Directors at the annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Member/Owners have the ability to vote on amendments to the Cooperative's Bylaws and reserve the right to vote on the sale of the cooperative.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Management reviews the 990 with the Board of Directors before filing the document.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Directors are requried to report any conflicts of interest to the General Counsel of the cooperative. The General Counsel acts as the compliance officer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Salaries of top management personnel are reviewed annually by the Board of Directors. Comparative information from industry sources and evaluation of the Manager's performance are determining factors used by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Federal Form 990 is made available through www.guidestar.org or upon request at the Cooperative's office.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Governing documents and financial statements are made available through www.guidestar.org or upon request at the Cooperative's office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0Macon Electric Cooperative
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0Macon Electric Service Company
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0431857953
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0343030
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0MO
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0HVAC SAles and Service
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt066586
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt031571 Business Rt 36 E
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0Macon
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0MO
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd063552
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0Macon Electric Cooperative
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0431857953
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0HVAC Sales and Service
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Macon Electric Service Company
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt0343030
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt066586

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$65,075,752
Liabilities
$35,831,985
Net assets
$29,243,767
Revenue
$25,130,840
Expenses
$23,319,615
Net income
$1,811,225
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$83.0$49.3$33.7$31.3$30.8$0.52
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$82.4$49.1$33.2$29.5$27.8$1.67
2022Detailed filing. Detailed filing data is available for this year.$75.5$44.0$31.6$26.6$27.1$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$74.0$42.6$31.4$26.5$26.3$0.25
2020Detailed filing. Detailed filing data is available for this year.$74.5$42.8$31.7$26.3$25.5$0.81
2019Detailed filing. Detailed filing data is available for this year.$74.4$43.5$30.9$26.8$25.6$1.25
2018Detailed filing. Detailed filing data is available for this year.$67.0$37.3$29.6$26.3$26.4$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.3$36.5$29.8$25.2$24.7$0.51
2016Detailed filing. Detailed filing data is available for this year.$65.1$35.8$29.2$25.1$23.3$1.81
2015Detailed filing. Detailed filing data is available for this year.$58.3$30.9$27.4$24.4$23.6$0.80
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.0$32.7$26.3$24.4$25.1$0.74
2013Detailed filing. Detailed filing data is available for this year.$56.5$31.5$25.0$23.6$23.6$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.4$26.1$24.3$22.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.2$24.5$23.7$22.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.6$23.3$23.3$20.7