Civic Intelligence

Macon Electric Cooperative

990 • Fiscal year 2020 • EIN 43-0388909

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 12, 2021

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

69th percentile

0.57x

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

2020 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

63rd percentile

1.63x

Higher debt load relative to revenue than 63% of similar nonprofits.

2020 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2020

Net Margin

67th percentile

3.1%

Higher net margin than 67% of similar nonprofits.

2020 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

84th percentile

$371,552

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2020 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2020

Asset Growth

14th percentile

0.2%

Faster asset growth than 14% of similar nonprofits.

2020 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

46th percentile

-1.8%

Faster revenue growth than 46% of similar nonprofits.

2020 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$74,488,932

Up $136,548 (+0.2%) from 2019

Net Assets

Up

$31,682,707

Up $813,632 (+2.6%) from 2019

Liabilities

Down

$42,806,225

Down $677,084 (-1.6%) from 2019

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin67th percentile

Revenue

Down

$26,341,330

Down $480,881 (-1.8%) from 2019

Expenses

Down

$25,527,698

Down $48,296 (-0.2%) from 2019

Net Income

Down

$813,632

Down $432,585 (-35%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth14th 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

2020

Assets$74,488,932
Liabilities$42,806,225
Net Assets$31,682,707
Open 2020 Filing

Operations Trend

Revenue Growth46th 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

2020

Revenue$26,341,330
Expenses$25,527,698
Net Income$813,632
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 12, 2021
Return Version
2020v4.1
Gross Receipts
$26,341,330
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$49,528,102$50,584,435▲ $1,056,333
Rtn Earn Endowment Incm Other Fnds$30,869,075$31,682,707▲ $813,632
Investments Program Related$12,351,753$12,978,654▲ $626,901
Accounts Receivable$3,367,715$4,371,648▲ $1,003,933
Savings and Temporary Cash Investments$6,380,980$2,575,043▼ $3,805,937
Cash and Non-Interest-Bearing Accounts$1,039,000$2,341,138▲ $1,302,138
Prepaid Expenses and Deferred Charges$1,477,706$1,326,312▼ $151,394
Inventories for Sale or Use$207,128$311,702▲ $104,574
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$74,352,384$74,488,932▲ $136,548
Liabilities
Mortgage Notes Payable Secured by Investment Property$40,102,549$39,368,247▼ $734,302
Accounts Payable and Accrued Expenses$2,778,193$2,922,191▲ $143,998
Other Liabilities$364,775$342,055▼ $22,720
Deferred Revenue$237,792$173,732▼ $64,060
Total Liabilities$43,483,309$42,806,225▼ $677,084
Net Assets / Fund Balance
Total Net Assets Fund Balance$30,869,075$31,682,707▲ $813,632
Total Liabilities and Net Assets / Fund Balance$74,352,384$74,488,932▲ $136,548

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$49,715,004$11,890,222$61,605,226
Buildings$735,105$974,369$1,709,474
Land$134,326-$134,326
Investment Program Related Org$322,393--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Todd SchroederGeneral ManagerFT$211,532$160,020$371,552
Rick FarmerLead LinemanFT$79,460$103,289$182,749
Nick StueveLead LinemanFT$81,208$86,203$167,411
Lucas RobertsLinemanFT$124,026$23,607$147,633
Brandon ClemaLinemanFT$112,681$33,186$145,867
Benjamin WilliamsLinemanFT$112,739$30,689$143,428
Jamie MaupinFinance ManagerFT$76,578$30,235$106,813
Richard L KempSecretary-Treasurer-$7,250-$7,250
James CollinsPresidentPT$6,100-$6,100
Larry AbernathyDirector-$6,000-$6,000
Alvin WeimerDirector-$5,700-$5,700
William LearDirector-$5,700-$5,700
Daniel SmithsonVice President-$5,600-$5,600
Paul UnterbrinkDirector-$5,500-$5,500
Charles LileDirectorPT$3,600-$3,600
Glenda S WoodDirector-$3,500-$3,500
Ben WilliamsDirector-$2,500-$2,500
Mary AlmondDirector-$2,500-$2,500

Highest Paid Contractors

ContractorServicesLocationCompensation
T and T Tree ServiceROW MaintenancePO Box 104, Laplata, MO 63549$410,957
Scobee Powerline Construction LLCLine ConstructionPO Box 554, Cameron, MO 64429$405,364
Progressive Solutions LLCOH Line MaintenancePO Box 1130, Marshall, AR 72650$119,700
Revenue and Support

Revenue Composition

Contributions and Grants
$200,000
Program Service Revenue
$26,078,296
Investment Income
$63,034
Other Revenue
$0
Change in Net Assets
$813,632

Audited Revenue Reconciliation

Revenue per Audited Statements
$26,141,330
Revenue Not Reported on Financial Statements
$200,000
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$200,000
Total Revenue per Audited Statements
$26,141,330
Total Revenue per Form 990
$26,341,330
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$23,924,469
Salaries, Compensation, and Employee Benefits$464,327
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$2,273,600--$2,273,600
Other Expenses$1,308,696--$1,308,696
Interest$1,196,045--$1,196,045
Benefits to Members$1,138,902--$1,138,902
All Other Expenses$842,176--$842,176
Current Officers, Directors, Trustees, and Key Employees$464,327--$464,327
Total Functional Expenses$25,527,698$0$0$25,527,698

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$25,527,698
Expenses per Audited Statements$24,388,796
Total Expenses per Audited Statements$24,388,796
Expenses Not Reported on Financial Statements$1,138,902
Other Expense Adjustments$1,138,902
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$14,577,791
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$342,055
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
Tim Korman
Title
General Manager
Phone
6603853157
Signed
2021-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Korman
Formed
1938
Legal Domicile
Mo
Voting Board Members
9
Independent Board Members
9
Employees
52
Volunteers
0

Preparer

Firm
Dennis G Koch & Associates LLC
Address
PO Box 1007, Quincy, IL 62306-1007
Preparer
Dennis G Koch
Phone
2172248484
Supplemental Narrative

Financial Statement Notes

Part XI, Line 4B - Other Adjustments:

“USDA REDLG Grant treated as donated capital”

Part XII, Line 4B - Other Adjustments:

“Retirement of capital credits reported as member benefits”

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
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IRS990/Form990PartVIISectionAGrp/TitleTxt0General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt1Lead Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Lead Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt3Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt4Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt5Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt6Finance Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt7Secretary-Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8President
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01938
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0200000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt026341330
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt014
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt01196045
IRS990/InterestGrp/TotalAmt01196045
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0207128
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0311702
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt063034
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt063034
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt012351753
IRS990/InvestmentsProgramRelatedGrp/EOYAmt012978654
IRS990/IRPDocumentCnt049
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012864591
IRS990/LandBldgEquipBasisNetGrp/BOYAmt049528102
IRS990/LandBldgEquipBasisNetGrp/EOYAmt050584435
IRS990/LandBldgEquipCostOrOtherBssAmt063449026
IRS990/LegalDomicileStateCd0MO
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt025489369
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/BOYAmt040102549
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt039368247
IRS990/NetAssetsOrFundBalancesBOYAmt030869075
IRS990/NetAssetsOrFundBalancesEOYAmt031682707
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Purchased Power
IRS990/OtherExpensesGrp/Desc1Maintenance
IRS990/OtherExpensesGrp/Desc2Operations
IRS990/OtherExpensesGrp/Desc3Administrative Expense
IRS990/OtherExpensesGrp/ProgramServicesAmt014577791
IRS990/OtherExpensesGrp/ProgramServicesAmt12393423
IRS990/OtherExpensesGrp/ProgramServicesAmt21332738
IRS990/OtherExpensesGrp/ProgramServicesAmt31308696
IRS990/OtherExpensesGrp/TotalAmt014577791
IRS990/OtherExpensesGrp/TotalAmt12393423
IRS990/OtherExpensesGrp/TotalAmt21332738
IRS990/OtherExpensesGrp/TotalAmt31308696
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0364775
IRS990/OtherLiabilitiesGrp/EOYAmt0342055
IRS990/OtherSourcesGrossIncomeAmt0641961
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01477706
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01326312
IRS990/PrincipalOfficerNm0Tim Korman
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
IRS990/ProgramServiceRevenueGrp/Desc3Other Electric Revenue
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1951820
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2324173
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3174147
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt024628156
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1951820
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2324173
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3174147
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt0960443
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0118832
IRS990/PYOtherExpensesAmt024291651
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt026703379
IRS990/PYRevenuesLessExpensesAmt01246217
IRS990/PYSalariesCompEmpBnftPaidAmt0323900
IRS990/PYTotalExpensesAmt025575994
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt026822211
IRS990/ReconcilationRevenueExpnssAmt0813632
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0974369
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01709474
IRS990ScheduleD/EquipmentGrp/BookValueAmt049715004
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011890222
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt061605226
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01138902
IRS990ScheduleD/ExpensesSubtotalAmt024388796
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt011512508
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1772506
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2120195
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3169894
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt481158
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5322393
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/OtherExpensesNotIncludedAmt01138902
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0342055
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Customer Deposits
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0200000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0200000
IRS990ScheduleD/RevenueSubtotalAmt026141330
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0USDA REDLG Grant treated as donated capital
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Retirement of capital credits reported as member benefits
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 4b - Other Adjustments:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$74,488,932
Liabilities
$42,806,225
Net assets
$31,682,707
Revenue
$26,341,330
Expenses
$25,527,698
Net income
$813,632
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