Civic Intelligence

Macon Electric Cooperative

990 • Fiscal year 2019 • EIN 43-0388909

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 31, 2020

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

71st percentile

0.58x

Higher debt load relative to assets than 71% of similar nonprofits.

2019 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2019

Liabilities / Revenue

69th percentile

1.62x

Higher debt load relative to revenue than 69% of similar nonprofits.

2019 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2019

Net Margin

78th percentile

4.6%

Higher net margin than 78% of similar nonprofits.

2019 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2019

Top Officer Pay

48th percentile

$250,701

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2019 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2019

Asset Growth

91st percentile

11%

Faster asset growth than 91% of similar nonprofits.

2019 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Revenue Growth

60th percentile

2.0%

Faster revenue growth than 60% of similar nonprofits.

2019 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$74,352,384

Up $7,399,051 (+11%) from 2018

Net Assets

Up

$30,869,075

Up $1,246,217 (+4.2%) from 2018

Liabilities

Up

$43,483,309

Up $6,152,834 (+16%) from 2018

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin78th percentile

Revenue

Up

$26,822,211

Up $515,930 (+2.0%) from 2018

Expenses

Down

$25,575,994

Down $863,594 (-3.3%) from 2018

Net Income

Up

$1,246,217

Up $1,379,524 (+1035%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth91st 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

2019

Assets$74,352,384
Liabilities$43,483,309
Net Assets$30,869,075
Open 2019 Filing

Operations Trend

Revenue Growth60th 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

2019

Revenue$26,822,211
Expenses$25,575,994
Net Income$1,246,217
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 31, 2020
Return Version
2019v5.1
Gross Receipts
$26,822,211
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$48,335,070$49,528,102▲ $1,193,032
Rtn Earn Endowment Incm Other Fnds$29,622,858$30,869,075▲ $1,246,217
Investments Program Related$11,987,601$12,351,753▲ $364,152
Savings and Temporary Cash Investments-$6,380,980-
Accounts Receivable$3,019,578$3,367,715▲ $348,137
Prepaid Expenses and Deferred Charges$1,596,025$1,477,706▼ $118,319
Cash and Non-Interest-Bearing Accounts$1,888,379$1,039,000▼ $849,379
Inventories for Sale or Use$126,680$207,128▲ $80,448
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$66,953,333$74,352,384▲ $7,399,051
Liabilities
Mortgage Notes Payable Secured by Investment Property$33,478,394$40,102,549▲ $6,624,155
Accounts Payable and Accrued Expenses$2,934,125$2,778,193▼ $155,932
Other Liabilities$498,776$364,775▼ $134,001
Deferred Revenue$419,180$237,792▼ $181,388
Total Liabilities$37,330,475$43,483,309▲ $6,152,834
Net Assets / Fund Balance
Total Net Assets Fund Balance$29,622,858$30,869,075▲ $1,246,217
Total Liabilities and Net Assets / Fund Balance$66,953,333$74,352,384▲ $7,399,051

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$48,646,359$10,743,516$59,389,875
Buildings$747,417$907,084$1,654,501
Land$134,326-$134,326
Investment Program Related Org$189,264--
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Todd SchroederGeneral ManagerFT$193,846$56,855$250,701
Jean MobleyFinance ManagerFT$71,129$22,587$93,716
Richard L KempSecretary-TreasurerPT$8,500-$8,500
Charles LileDirector-$7,025-$7,025
Glenda S WoodDirectorPT$7,000-$7,000
James CollinsPresident-$6,600-$6,600
Daniel SmithsonVice PresidentPT$6,400-$6,400
Alvin WeimerDirector-$5,500-$5,500
Paul UnterbrinkDirectorPT$5,400-$5,400
Larry RobuckDirector-$3,800-$3,800
Greg BrunoDirector-$3,600-$3,600
Larry AbernathyDirectorPT$2,600-$2,600
William LearDirector-$2,500-$2,500

Highest Paid Contractors

ContractorServicesLocationCompensation
T and T Tree ServiceROW MaintenancePO Box 104, Laplata, MO 63549$742,515
Scobee Powerline Construction LLCLine ConstructionPO Box 554, Cameron, MO 64429$505,817
Progressive Solutions LLCOH Line MaintenancePO Box 1130, Marshall, AR 72650$119,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$26,703,379
Investment Income
$118,832
Other Revenue
$0
Change in Net Assets
$1,246,217

Audited Revenue Reconciliation

Revenue per Audited Statements
$26,822,211
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$26,822,211
Total Revenue per Form 990
$26,822,211
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,291,651
Salaries, Compensation, and Employee Benefits$323,900
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$2,199,014--$2,199,014
Other Expenses$1,264,796--$1,264,796
Interest$1,184,148--$1,184,148
Benefits to Members$960,443--$960,443
All Other Expenses$940,252--$940,252
Current Officers, Directors, Trustees, and Key Employees$323,900--$323,900
Total Functional Expenses$25,575,994$0$0$25,575,994

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$25,575,994
Expenses per Audited Statements$24,615,551
Total Expenses per Audited Statements$24,615,551
Expenses Not Reported on Financial Statements$960,443
Other Expense Adjustments$960,443
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
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$1,000
Total Exempt Function Spending$1,000

Section 527 Organizations

OrganizationLocationAmount
-Jefferson City, MO$1,000
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Member/Owner of Cooperative - Common board membersPurchase of electric energy for distributionYes$14,464,059
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$364,775
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
2020-03-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Schroeder
Formed
1938
Legal Domicile
Mo
Voting Board Members
9
Independent Board Members
9
Employees
23
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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IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt12Finance Manager
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01938
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt026822211
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt01184148
IRS990/InterestGrp/TotalAmt01184148
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0126680
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0207128
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0118832
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0118832
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt011987601
IRS990/InvestmentsProgramRelatedGrp/EOYAmt012351753
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011650600
IRS990/LandBldgEquipBasisNetGrp/BOYAmt048335070
IRS990/LandBldgEquipBasisNetGrp/EOYAmt049528102
IRS990/LandBldgEquipCostOrOtherBssAmt061178702
IRS990/LegalDomicileStateCd0MO
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt026371977
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/BOYAmt033478394
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt040102549
IRS990/NetAssetsOrFundBalancesBOYAmt029622858
IRS990/NetAssetsOrFundBalancesEOYAmt030869075
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Purchased Power
IRS990/OtherExpensesGrp/Desc1Maintenance
IRS990/OtherExpensesGrp/Desc2Administrative Expense
IRS990/OtherExpensesGrp/Desc3Operations
IRS990/OtherExpensesGrp/ProgramServicesAmt014464059
IRS990/OtherExpensesGrp/ProgramServicesAmt12741443
IRS990/OtherExpensesGrp/ProgramServicesAmt21497939
IRS990/OtherExpensesGrp/ProgramServicesAmt31264796
IRS990/OtherExpensesGrp/TotalAmt014464059
IRS990/OtherExpensesGrp/TotalAmt12741443
IRS990/OtherExpensesGrp/TotalAmt21497939
IRS990/OtherExpensesGrp/TotalAmt31264796
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0498776
IRS990/OtherLiabilitiesGrp/EOYAmt0364775
IRS990/OtherSourcesGrossIncomeAmt0450234
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd01
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01596025
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01477706
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/RelatedOrExemptFuncIncomeAmt025445492
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1973573
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2173533
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3110781
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt025445492
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1973573
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2173533
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3110781
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt01352242
IRS990/PYContributionsGrantsAmt0300000
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0137798
IRS990/PYOtherExpensesAmt024873155
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt025868483
IRS990/PYRevenuesLessExpensesAmt0-133307
IRS990/PYSalariesCompEmpBnftPaidAmt0214191
IRS990/PYTotalExpensesAmt026439588
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt026306281
IRS990/ReconcilationRevenueExpnssAmt01246217
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt026822211
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt029622858
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt030869075
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06380980
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/Form1120POLFiledInd01
IRS990ScheduleC/InternalFundsContributedAmt01000
IRS990ScheduleC/PoliticalExpendituresAmt01000
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0AMEC PAC
IRS990ScheduleC/Section527PoliticalOrgGrp/PaidInternalFundsAmt01000
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt02722 East McCarty Street
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0Jefferson City
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0MO
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd065101
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0Contribution to the Association of Missouri Electric Cooperatives Political Action Committee
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I-A, Line 1:
IRS990ScheduleC/TotalExemptFunctionExpendAmt01000
IRS990ScheduleD/BuildingsGrp/BookValueAmt0747417
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0907084
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01654501
IRS990ScheduleD/EquipmentGrp/BookValueAmt048646359
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010743516
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt059389875
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0960443
IRS990ScheduleD/ExpensesSubtotalAmt024615551
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt011043528
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1768073
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2124837
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3163041
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt463010
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5189264
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/OtherExpensesNotIncludedAmt0960443
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0364775
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Customer Deposits
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt026822211
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Retirement of capital credits reported as member benefits
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt049528102
IRS990ScheduleD/TotalBookValueProgramRltdAmt012351753
IRS990ScheduleD/TotalExpensesPerForm990Amt025575994
IRS990ScheduleD/TotalLiabilityAmt0364775
IRS990ScheduleD/TotalRevenuePerForm990Amt026822211
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt026822211
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt024615551
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0193846
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt053897
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt02958
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Todd Schroeder
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0General Manager
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0250701
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/TransactionAmt014464059

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$74,352,384
Liabilities
$43,483,309
Net assets
$30,869,075
Revenue
$26,822,211
Expenses
$25,575,994
Net income
$1,246,217
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
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