Civic Intelligence

Macon Electric Cooperative

990 • Fiscal year 2021 • EIN 43-0388909

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 24, 2022

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

0.58x

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

2021 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

66th percentile

1.61x

Higher debt load relative to revenue than 66% of similar nonprofits.

2021 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2021

Net Margin

50th percentile

0.9%

Higher net margin than 50% of similar nonprofits.

2021 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

62nd percentile

$295,611

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2021 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2021

Asset Growth

11th percentile

-0.6%

Faster asset growth than 11% of similar nonprofits.

2021 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

30th percentile

0.7%

Faster revenue growth than 30% of similar nonprofits.

2021 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$74,039,174

Down $449,758 (-0.6%) from 2020

Net Assets

Down

$31,432,829

Down $249,878 (-0.8%) from 2020

Liabilities

Down

$42,606,345

Down $199,880 (-0.5%) from 2020

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin50th percentile

Revenue

Up

$26,527,886

Up $186,556 (+0.7%) from 2020

Expenses

Up

$26,277,764

Up $750,066 (+2.9%) from 2020

Net Income

Down

$250,122

Down $563,510 (-69%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth11th 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

2021

Assets$74,039,174
Liabilities$42,606,345
Net Assets$31,432,829
Open 2021 Filing

Operations Trend

Revenue Growth30th 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

2021

Revenue$26,527,886
Expenses$26,277,764
Net Income$250,122
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 24, 2022
Return Version
2021v4.2
Gross Receipts
$26,527,886
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$50,584,435$52,630,891▲ $2,046,456
Rtn Earn Endowment Incm Other Fnds$31,682,707$31,432,829▼ $249,878
Investments Program Related$12,978,654$13,474,998▲ $496,344
Accounts Receivable$4,371,648$4,123,145▼ $248,503
Savings and Temporary Cash Investments$2,575,043$1,595,283▼ $979,760
Prepaid Expenses and Deferred Charges$1,326,312$1,128,984▼ $197,328
Cash and Non-Interest-Bearing Accounts$2,341,138$873,138▼ $1,468,000
Inventories for Sale or Use$311,702$212,735▼ $98,967
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$74,488,932$74,039,174▼ $449,758
Liabilities
Mortgage Notes Payable Secured by Investment Property$39,368,247$38,132,558▼ $1,235,689
Accounts Payable and Accrued Expenses$2,922,191$3,328,505▲ $406,314
Deferred Revenue$173,732$812,658▲ $638,926
Other Liabilities$342,055$332,624▼ $9,431
Total Liabilities$42,806,225$42,606,345▼ $199,880
Net Assets / Fund Balance
Total Net Assets Fund Balance$31,682,707$31,432,829▼ $249,878
Total Liabilities and Net Assets / Fund Balance$74,488,932$74,039,174▼ $449,758

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$51,763,596$12,725,275$64,488,871
Buildings$732,969$1,013,636$1,746,605
Land$134,326-$134,326
Investment Program Related Org$363,535--
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Timothy KormanGeneral ManagerFT$148,987$146,624$295,611
Nick StueveLead LinemanFT$82,874$81,688$164,562
Kenneth FullerConstruction ForemanFT$89,206$70,801$160,007
Michael PerottiLinemanFT$80,092$79,770$159,862
Benjamin WilliamsLinemanFT$108,072$35,721$143,793
Lucas RobertsLinemanFT$107,799$27,898$135,697
Jamie MaupinFinance ManagerFT$81,735$34,628$116,363
Todd SchroederGeneral ManagerFT$98,157$11,334$109,491
Richard L KempSecretary-Treasurer-$8,000-$8,000
James CollinsPresidentPT$6,700-$6,700
Ben WilliamsDirector-$6,200-$6,200
Daniel SmithsonVice President-$6,200-$6,200
Mary AlmondDirector-$6,200-$6,200
William LearDirector-$6,200-$6,200
Alvin WeimerDirector-$5,700-$5,700
Larry AbernathyDirector-$5,200-$5,200
Paul UnterbrinkDirector-$5,200-$5,200

Highest Paid Contractors

ContractorServicesLocationCompensation
Scobee Powerline Construction LLCLine ConstructionPO Box 554, Cameron, MO 64429$738,700
T and T Tree ServiceROW MaintenancePO Box 104, Laplata, MO 63549$420,137
Progressive Solutions LLCOH Line MaintenancePO Box 1130, Marshall, AR 72650$115,150
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$26,495,096
Investment Income
$32,790
Other Revenue
$0
Change in Net Assets
$250,122

Audited Revenue Reconciliation

Revenue per Audited Statements
$26,027,886
Revenue Not Reported on Financial Statements
$500,000
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$500,000
Total Revenue per Audited Statements
$26,027,886
Total Revenue per Form 990
$26,527,886
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,126,098
Salaries, Compensation, and Employee Benefits$490,984
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$2,343,319--$2,343,319
Benefits to Members$1,660,682--$1,660,682
Other Expenses$1,342,580--$1,342,580
Interest$1,144,762--$1,144,762
All Other Expenses$866,707--$866,707
Current Officers, Directors, Trustees, and Key Employees$490,984--$490,984
Total Functional Expenses$26,277,764$0$0$26,277,764

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$26,277,764
Expenses per Audited Statements$24,617,082
Total Expenses per Audited Statements$24,617,082
Expenses Not Reported on Financial Statements$1,660,682
Other Expense Adjustments$1,660,682
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$332,624
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
No
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
2022-09-24
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
51
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

Additional Explanations

Form 990, Part XI, line 9:

“Deferred Revenue -500,000.”

Financial Statement Notes

Part XI, Line 4B - Other Adjustments:

“Deferred Revenue”

Part XII, Line 4B - Other Adjustments:

“Retirement of capital credits reported as member benefits”

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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/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt1Construction Foreman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Lead Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt3Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt4Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt5Lineman
IRS990/Form990PartVIISectionAGrp/TitleTxt6General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt7Finance Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary-Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt9President
IRS990/Form990PartVIISectionAGrp/TitleTxt10Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01938
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt026527886
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt011
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt01144762
IRS990/InterestGrp/TotalAmt01144762
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0311702
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0212735
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt032790
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt032790
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt012978654
IRS990/InvestmentsProgramRelatedGrp/EOYAmt013474998
IRS990/IRPDocumentCnt039
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt013738911
IRS990/LandBldgEquipBasisNetGrp/BOYAmt050584435
IRS990/LandBldgEquipBasisNetGrp/EOYAmt052630891
IRS990/LandBldgEquipCostOrOtherBssAmt066369802
IRS990/LegalDomicileStateCd0MO
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt026497643
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/BOYAmt039368247
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt038132558
IRS990/NetAssetsOrFundBalancesBOYAmt031682707
IRS990/NetAssetsOrFundBalancesEOYAmt031432829
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-500000
IRS990/OtherExpensesGrp/Desc0Purchased Power
IRS990/OtherExpensesGrp/Desc1Maintenance
IRS990/OtherExpensesGrp/Desc2Operations
IRS990/OtherExpensesGrp/Desc3Administrative Expense
IRS990/OtherExpensesGrp/ProgramServicesAmt014373249
IRS990/OtherExpensesGrp/ProgramServicesAmt12582779
IRS990/OtherExpensesGrp/ProgramServicesAmt21472702
IRS990/OtherExpensesGrp/ProgramServicesAmt31342580
IRS990/OtherExpensesGrp/TotalAmt014373249
IRS990/OtherExpensesGrp/TotalAmt12582779
IRS990/OtherExpensesGrp/TotalAmt21472702
IRS990/OtherExpensesGrp/TotalAmt31342580
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0342055
IRS990/OtherLiabilitiesGrp/EOYAmt0332624
IRS990/OtherSourcesGrossIncomeAmt0424955
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01326312
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01128984
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 Electric Revenue
IRS990/ProgramServiceRevenueGrp/Desc3Other
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt025602347
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1961743
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2245388
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3-314382
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt025602347
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1961743
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2245388
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3-314382
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt01138902
IRS990/PYContributionsGrantsAmt0200000
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt063034
IRS990/PYOtherExpensesAmt023924469
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt026078296
IRS990/PYRevenuesLessExpensesAmt0813632
IRS990/PYSalariesCompEmpBnftPaidAmt0464327
IRS990/PYTotalExpensesAmt025527698
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt026341330
IRS990/ReconcilationRevenueExpnssAmt0250122
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt026527886
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt031682707
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt031432829
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02575043
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01595283
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0732969
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01013636
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01746605
IRS990ScheduleD/EquipmentGrp/BookValueAmt051763596
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012725275
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt064488871
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01660682
IRS990ScheduleD/ExpensesSubtotalAmt024617082
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt011938474
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1783429
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2120195
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3176994
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt492371
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5363535
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/OtherExpensesNotIncludedAmt01660682
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0332624
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Customer Deposits
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0500000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0500000
IRS990ScheduleD/RevenueSubtotalAmt026027886
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Deferred Revenue
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:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt052630891
IRS990ScheduleD/TotalBookValueProgramRltdAmt013474998
IRS990ScheduleD/TotalExpensesPerForm990Amt026277764
IRS990ScheduleD/TotalLiabilityAmt0332624
IRS990ScheduleD/TotalRevenuePerForm990Amt026527886
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt026027886
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt024617082
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0148987
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt189206

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$74,039,174
Liabilities
$42,606,345
Net assets
$31,432,829
Revenue
$26,527,886
Expenses
$26,277,764
Net income
$250,122
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
2021Detailed filing. Detailed filing data is available for this year.$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