Civic Intelligence

Macon Electric Cooperative

990 • Fiscal year 2017 • EIN 43-0388909

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 04, 2018

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

57th percentile

0.55x

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

2017 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

58th percentile

1.45x

Higher debt load relative to revenue than 58% of similar nonprofits.

2017 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2017

Net Margin

64th percentile

2.0%

Higher net margin than 64% of similar nonprofits.

2017 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

27th percentile

$202,378

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2017 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2017

Asset Growth

38th percentile

1.8%

Faster asset growth than 38% of similar nonprofits.

2017 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

36th percentile

0.4%

Faster revenue growth than 36% of similar nonprofits.

2017 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$66,266,211

Up $1,190,459 (+1.8%) from 2016

Net Assets

Up

$29,756,165

Up $512,398 (+1.8%) from 2016

Liabilities

Up

$36,510,046

Up $678,061 (+1.9%) from 2016

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin64th percentile

Revenue

Up

$25,227,035

Up $96,195 (+0.4%) from 2016

Expenses

Up

$24,714,637

Up $1,395,022 (+6.0%) from 2016

Net Income

Down

$512,398

Down $1,298,827 (-72%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth38th 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

2017

Assets$66,266,211
Liabilities$36,510,046
Net Assets$29,756,165
Open 2017 Filing

Operations Trend

Revenue Growth36th 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

2017

Revenue$25,227,035
Expenses$24,714,637
Net Income$512,398
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 4, 2018
Return Version
2017v2.3
Gross Receipts
$25,227,035
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$44,686,493$47,150,723▲ $2,464,230
Rtn Earn Endowment Incm Other Fnds$29,243,767$29,756,165▲ $512,398
Investments Program Related$11,436,646$11,819,809▲ $383,163
Accounts Receivable$3,430,057$3,201,825▼ $228,232
Cash and Non-Interest-Bearing Accounts$3,446,926$2,023,363▼ $1,423,563
Prepaid Expenses and Deferred Charges$1,616,599$1,940,010▲ $323,411
Inventories for Sale or Use$459,031$130,481▼ $328,550
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$65,075,752$66,266,211▲ $1,190,459
Liabilities
Mortgage Notes Payable Secured by Investment Property$32,239,611$32,384,473▲ $144,862
Accounts Payable and Accrued Expenses$2,203,167$3,107,271▲ $904,104
Other Liabilities$528,808$536,534▲ $7,726
Deferred Revenue$860,399$481,768▼ $378,631
Total Liabilities$35,831,985$36,510,046▲ $678,061
Net Assets / Fund Balance
Total Net Assets Fund Balance$29,243,767$29,756,165▲ $512,398
Total Liabilities and Net Assets / Fund Balance$65,075,752$66,266,211▲ $1,190,459

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$46,201,578$9,006,150$55,207,728
Buildings$814,819$839,682$1,654,501
Land$134,326-$134,326
Investment Program Related Org$212,631--
Compensation and Service Providers
Top Officer Pay27th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Todd SchroederGeneral ManagerFT$150,615$51,763$202,378
Kenneth FullerLead LinemanFT$108,813$25,313$134,126
Michael RichardsLead LinemanFT$103,222$27,230$130,452
Richard L KempSecretary-TreasurerPT$8,000-$8,000
Gregory P BrunoVice PresidentPT$7,700-$7,700
Glenda S WoodDirectorPT$7,100-$7,100
Daniel FitzhughPresident-$6,700-$6,700
Larry E RobuckDirectorPT$6,500-$6,500
Alvin WeimerDirector-$6,100-$6,100
James D CollinsDirectorPT$5,500-$5,500
Danny SmithsonDirector-$4,000-$4,000
Eugenia Rice-PulliamDirector-$3,800-$3,800
Charles LileDirector-$3,300-$3,300

Highest Paid Contractors

ContractorServicesLocationCompensation
T and T Tree ServiceROW MaintenancePO Box 104, Laplata, MO 63549$732,231
Scobee Powerline Construction LLCLine ConstructionPO Box 554, Cameron, MO 64429$633,199
Cooper Power Systems LLCLine Equipment29001 Network Pl, Chicago, IL 60673$137,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$25,133,005
Investment Income
$94,030
Other Revenue
$0
Change in Net Assets
$512,398

Audited Revenue Reconciliation

Revenue per Audited Statements
$25,227,035
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$25,227,035
Total Revenue per Form 990
$25,227,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$23,474,139
Salaries, Compensation, and Employee Benefits$209,315
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,834,445--$1,834,445
Interest$1,072,877--$1,072,877
Other Expenses$1,046,665--$1,046,665
Benefits to Members$1,031,183--$1,031,183
All Other Expenses$1,004,698--$1,004,698
Current Officers, Directors, Trustees, and Key Employees$209,315--$209,315
Total Functional Expenses$24,714,637$0$0$24,714,637

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$24,714,637
Expenses per Audited Statements$23,683,454
Total Expenses per Audited Statements$23,683,454
Expenses Not Reported on Financial Statements$1,031,183
Other Expense Adjustments$1,031,183
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$14,190,157
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$536,534
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
2018-11-04
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
48
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”

Raw XML AppendixShowing 400 of 526 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02203167
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03107271
IRS990/AccountsReceivableGrp/BOYAmt03430057
IRS990/AccountsReceivableGrp/EOYAmt03201825
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Dedicated to providing our member-owners with quality and reliable electric service at the lowest possible cost.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01004698
IRS990/AllOtherExpensesGrp/TotalAmt01004698
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BenefitsToMembersGrp/ProgramServicesAmt01031183
IRS990/BenefitsToMembersGrp/TotalAmt01031183
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0The Organization
IRS990/BooksInCareOfDetail/PhoneNum06603853157
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 157
IRS990/BooksInCareOfDetail/USAddress/CityNm0Macon
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd063552
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt03446926
IRS990/CashNonInterestBearingGrp/EOYAmt02023363
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0209315
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0209315
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0732231
IRS990/ContractorCompensationGrp/CompensationAmt1633199
IRS990/ContractorCompensationGrp/CompensationAmt2137000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO Box 104
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO Box 554
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt229001 Network Pl
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Laplata
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Cameron
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2Chicago
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2IL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd063549
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd164429
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd260673
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0T and T Tree Service
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1Scobee Powerline Construction LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2Cooper Power Systems LLC
IRS990/ContractorCompensationGrp/ServicesDesc0ROW Maintenance
IRS990/ContractorCompensationGrp/ServicesDesc1Line Construction
IRS990/ContractorCompensationGrp/ServicesDesc2Line Equipment
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt01031183
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt094030
IRS990/CYOtherExpensesAmt023474139
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt025133005
IRS990/CYRevenuesLessExpensesAmt0512398
IRS990/CYSalariesCompEmpBnftPaidAmt0209315
IRS990/CYTotalExpensesAmt024714637
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt025227035
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0860399
IRS990/DeferredRevenueGrp/EOYAmt0481768
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01834445
IRS990/DepreciationDepletionGrp/TotalAmt01834445
IRS990/Desc0Providing electric service to the members of the Cooperative
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt048
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt024714637
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt17.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt36.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt47.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt83.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1051763
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1125313
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1227230
IRS990/Form990PartVIISectionAGrp/PersonNm0Daniel Fitzhugh
IRS990/Form990PartVIISectionAGrp/PersonNm1Gregory P Bruno
IRS990/Form990PartVIISectionAGrp/PersonNm2Richard L Kemp
IRS990/Form990PartVIISectionAGrp/PersonNm3Larry E Robuck
IRS990/Form990PartVIISectionAGrp/PersonNm4Glenda S Wood
IRS990/Form990PartVIISectionAGrp/PersonNm5Alvin Weimer
IRS990/Form990PartVIISectionAGrp/PersonNm6Danny Smithson
IRS990/Form990PartVIISectionAGrp/PersonNm7James D Collins
IRS990/Form990PartVIISectionAGrp/PersonNm8Charles Lile
IRS990/Form990PartVIISectionAGrp/PersonNm9Eugenia Rice-Pulliam
IRS990/Form990PartVIISectionAGrp/PersonNm10Todd Schroeder
IRS990/Form990PartVIISectionAGrp/PersonNm11Kenneth Fuller
IRS990/Form990PartVIISectionAGrp/PersonNm12Michael Richards
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt06700
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17700
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt28000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt36500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt47100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt56100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt64000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt75500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt83300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt93800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10150615
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11108813
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12103222
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary-Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt11Lead Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt12Lead Lineman
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01935
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt025227035
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt01072877
IRS990/InterestGrp/TotalAmt01072877
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0459031
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0130481
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt094030
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt094030
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt011436646
IRS990/InvestmentsProgramRelatedGrp/EOYAmt011819809
IRS990/IRPDocumentCnt057
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09845832
IRS990/LandBldgEquipBasisNetGrp/BOYAmt044686493
IRS990/LandBldgEquipBasisNetGrp/EOYAmt047150723
IRS990/LandBldgEquipCostOrOtherBssAmt056996555
IRS990/LegalDomicileStateCd0MO
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt024804995
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/BOYAmt032239611
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt032384473
IRS990/NetAssetsOrFundBalancesBOYAmt029243767
IRS990/NetAssetsOrFundBalancesEOYAmt029756165
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/ProgramServicesAmt013911519
IRS990/OtherExpensesGrp/ProgramServicesAmt13004707
IRS990/OtherExpensesGrp/ProgramServicesAmt21599228
IRS990/OtherExpensesGrp/ProgramServicesAmt31046665
IRS990/OtherExpensesGrp/TotalAmt013911519
IRS990/OtherExpensesGrp/TotalAmt13004707
IRS990/OtherExpensesGrp/TotalAmt21599228
IRS990/OtherExpensesGrp/TotalAmt31046665
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0528808
IRS990/OtherLiabilitiesGrp/EOYAmt0536534
IRS990/OtherSourcesGrossIncomeAmt0422040
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01616599
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01940010
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/RelatedOrExemptFuncIncomeAmt024044113
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1822837
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2185381
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt380674
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt024044113
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1822837
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2185381
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt380674
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0787461
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0104906
IRS990/PYOtherExpensesAmt022410849
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt025025934
IRS990/PYRevenuesLessExpensesAmt01811225
IRS990/PYSalariesCompEmpBnftPaidAmt0121305
IRS990/PYTotalExpensesAmt023319615
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt025130840
IRS990/ReconcilationRevenueExpnssAmt0512398
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt025227035
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt029243767
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt029756165
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0814819
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0839682
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01654501
IRS990ScheduleD/EquipmentGrp/BookValueAmt046201578
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09006150
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt055207728
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01031183
IRS990ScheduleD/ExpensesSubtotalAmt023683454
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt010550889
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1737851
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2132881
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3143715
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt441842
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5212631
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/OtherExpensesNotIncludedAmt01031183
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0536534
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Customer Deposits
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt025227035
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Retirement of capital credits reported as member benefits
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt047150723
IRS990ScheduleD/TotalBookValueProgramRltdAmt011819809
IRS990ScheduleD/TotalExpensesPerForm990Amt024714637
IRS990ScheduleD/TotalLiabilityAmt0536534
IRS990ScheduleD/TotalRevenuePerForm990Amt025227035
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt025227035
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt023683454
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0150615
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt050537
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt01226
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Todd Schroeder
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0General Manager
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0202378
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Northeast Missouri Electric Power Cooperative
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Member/Owner of Cooperative - Common board members
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd01
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt014190157
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$66,266,211
Liabilities
$36,510,046
Net assets
$29,756,165
Revenue
$25,227,035
Expenses
$24,714,637
Net income
$512,398
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
2017Detailed filing. Detailed filing data is available for this year.$66.3$36.5$29.8$25.2$24.7$0.51
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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