Civic Intelligence

Semo Electric Cooperative

990 • Fiscal year 2018 • EIN 43-0510025

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 23, 2019

Organization ProfileGOSEMO.COM
PO Box 520Sikeston, MO 63801

(573) 471-5821

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.50x

Higher debt load relative to assets than 32% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2018

Liabilities / Revenue

74th percentile

1.65x

Higher debt load relative to revenue than 74% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2018

Net Margin

69th percentile

1.6%

Higher net margin than 69% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$276,545

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2018

Asset Growth

94th percentile

14%

Faster asset growth than 94% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Revenue Growth

83rd percentile

11%

Faster revenue growth than 83% of similar nonprofits.

2018 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$128,361,494

Up $15,635,262 (+14%) from 2017

Net Assets

Up

$63,611,908

Up $632,848 (+1.0%) from 2017

Liabilities

Up

$64,749,586

Up $15,002,414 (+30%) from 2017

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin69th percentile

Revenue

Up

$39,252,675

Up $3,953,116 (+11%) from 2017

Expenses

Up

$38,614,428

Up $2,840,575 (+7.9%) from 2017

Net Income

Up

$638,247

Up $1,112,541 (+235%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$200M$150M$100M$50M$0Assets 2011: $98,746,480Liabilities 2011: $45,645,741Net Assets 2011: $53,100,7392011Assets 2012: $101,361,606Liabilities 2012: $44,618,870Net Assets 2012: $56,742,7362012Assets 2013: $106,274,537Liabilities 2013: $47,139,958Net Assets 2013: $59,134,5792013Assets 2014: $108,254,611Liabilities 2014: $47,160,364Net Assets 2014: $61,094,2472014Assets 2015: $109,518,850Liabilities 2015: $46,517,189Net Assets 2015: $63,001,6612015Assets 2016: $110,304,657Liabilities 2016: $46,953,396Net Assets 2016: $63,351,2612016Assets 2017: $112,726,232Liabilities 2017: $49,747,172Net Assets 2017: $62,979,0602017Assets 2018: $128,361,494Liabilities 2018: $64,749,586Net Assets 2018: $63,611,9082018Assets 2019: $139,730,102Liabilities 2019: $76,618,012Net Assets 2019: $63,112,0902019Assets 2020: $155,297,219Liabilities 2020: $92,339,913Net Assets 2020: $62,957,3062020

Highlighted filing

2018

Assets$128,361,494
Liabilities$64,749,586
Net Assets$63,611,908
Open 2018 Filing

Operations Trend

Revenue Growth83rd percentile

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

$60M$40M$20M$0-$20MExpenses 2011: $29,272,2572011Expenses 2012: $29,607,7972012Revenue 2013: $33,841,314Expenses 2013: $31,319,771Net Income 2013: $2,521,5432013Revenue 2014: $34,828,190Expenses 2014: $32,457,922Net Income 2014: $2,370,2682014Revenue 2015: $35,212,854Expenses 2015: $33,530,840Net Income 2015: $1,682,0142015Revenue 2016: $35,960,486Expenses 2016: $35,511,286Net Income 2016: $449,2002016Revenue 2017: $35,299,559Expenses 2017: $35,773,853Net Income 2017: -$474,2942017Revenue 2018: $39,252,675Expenses 2018: $38,614,428Net Income 2018: $638,2472018Revenue 2019: $41,147,484Expenses 2019: $41,662,231Net Income 2019: -$514,7472019Revenue 2020: $43,598,236Expenses 2020: $43,765,830Net Income 2020: -$167,5942020

Highlighted filing

2018

Revenue$39,252,675
Expenses$38,614,428
Net Income$638,247
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 23, 2019
Return Version
2018v3.1
Gross Receipts
$39,298,298
Mission and Program Overview

Mission

To make people's lives better by providing safe, reliable, low-cost electricity, and fiber-fast internet, tv, and phone.

To make people's lives better by providing safe, reliable, low-cost electricity, and fiber-fast internet, tv and phone.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$84,275,472$96,074,504▲ $11,799,032
Rtn Earn Endowment Incm Other Fnds$62,979,060$63,611,908▲ $632,848
Investments Program Related$21,030,754$21,604,125▲ $573,371
Accounts Receivable$2,863,586$3,099,797▲ $236,211
Savings and Temporary Cash Investments$1,565,068$2,524,836▲ $959,768
Cash and Non-Interest-Bearing Accounts$373,468$2,327,148▲ $1,953,680
Inventories for Sale or Use$1,145,857$1,271,867▲ $126,010
Prepaid Expenses and Deferred Charges$91,509$105,393▲ $13,884
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$112,726,232$128,361,494▲ $15,635,262
Other Assets Total$1,380,518$1,353,824▼ $26,694
Liabilities
Mortgage Notes Payable Secured by Investment Property$42,216,780$56,220,843▲ $14,004,063
Accounts Payable and Accrued Expenses$4,742,667$4,893,037▲ $150,370
Other Liabilities$2,748,993$2,582,040▼ $166,953
Deferred Revenue$38,732$1,053,666▲ $1,014,934
Total Liabilities$49,747,172$64,749,586▲ $15,002,414
Net Assets / Fund Balance
Total Net Assets Fund Balance$62,979,060$63,611,908▲ $632,848
Total Liabilities and Net Assets / Fund Balance$112,726,232$128,361,494▲ $15,635,262

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$94,104,714$24,143,116$118,247,830
Buildings$1,545,868$1,512,463$3,058,331
Land$423,922-$423,922
Investment Program Related Org$19,502--
Compensation and Service Providers
Top Officer Pay35th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sean VanslykeCEOFT$191,403$85,142$276,545
Larry KellyEngineering ManagerFT$130,088$100,108$230,196
Martin VineyardOperations ManagerFT$115,899$89,199$205,098
Chris FreedManager of Fiber ConstructionFT$117,681$74,414$192,095
Terry BuntingServicemanFT$137,809$53,915$191,724
Joe Hill JrServicemanFT$121,821$63,448$185,269
Todd BeairdCFOFT$109,253$42,761$152,014
John BledsoeVice PresidentPT$14,450$17,743$32,193
Carl EftinkBoard Member-$8,075$14,400$22,475
Dennis FowlerBoard MemberPT$19,550-$19,550
Dicky HanorBoard MemberPT$19,150-$19,150
Keith HaynesBoard MemberPT$19,125-$19,125
Carla MooreBoard MemberPT$17,425-$17,425
Tim CoppageSecretary/treasurerPT$14,875-$14,875
Myron HawesBoard Member-$14,450-$14,450
Glennon DirnbergerBoard MemberPT$12,750-$12,750
Wayne CorseBoard MemberPT$11,050-$11,050
James DenekeAssistant Treasurer/secret-$9,775-$9,775
Richard FaulknerPresidentPT$8,500-$8,500

Highest Paid Contractors

ContractorServicesLocationCompensation
Ervin Cable Construction LLCFiber ConstructionPO BOX 10, Sturgis, KY 42459$4,855,783
Townsend Tree Service INCRight-of-way ClearingPO BOX 7015, Muncie, IN 47308$1,693,956
Pike Electric INCUtility ConstructionPO BOX 1000, Memphis, TN 38148$1,151,724
Conexon LLCFiber Consulting Services2001 GRAND BLVD STE 700, Kansas City, MO 64108$743,433
Highland Cabling LLCFiber Construction223 N MAIN ST 205, Sikeston, MO 63801$270,802
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$39,134,409
Investment Income
$43,903
Other Revenue
$74,363
Change in Net Assets
$638,247

Audited Revenue Reconciliation

Revenue per Audited Statements
$39,252,675
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$39,252,675
Total Revenue per Form 990
$39,252,675
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$37,568,739
Salaries, Compensation, and Employee Benefits$530,194
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$4,349,061
Other Expenses---$2,648,355
Interest---$2,203,688
All Other Expenses---$1,602,323
Current Officers, Directors, Trustees, and Key Employees---$530,194
Benefits to Members---$515,495
Total Functional Expenses$0$0$0$38,614,428

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$38,614,428
Total Expenses per Audited Statements$38,614,428
Total Expenses per Form 990$38,614,428
Expenses Not Reported on Financial Statements$0
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
Accrued Postretirement Benefit Obligation$2,093,599
Customer Deposits$488,441
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 2

“There are limited farming relationships. Each director has signed a conflict of interest disclosure statement.”

Form 990, Part VI, Section A, Line 6

“All customers of the cooperative are members. All members have the same rights to elect individuals to the board of directors. Members receive patronage capital allocations based on their electric revenue contributed.”

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

“All board members are elected by the members of the cooperative at the annual meeting.”

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

“In addition members of the cooperative must approve all bylaw changes.”

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

“A copy of the preliminary draft of the 990 is presented at the monthly meeting to the board members to review and approve before filing.”

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

“The general manager monitors on an annual basis, the co-op's attorney reviews the board's responsibility and discusses conflict of interest.”

Form 990, Part VI, Section B, Line 15

“The board's personnel committee makes recommendation to the full board for the ceo's pay. The committee looks at market rates. All other salaries are recommended by ceo and approved by board of directors.”

Form 990, Part VI, Section C, Line 18

“The 990 is available at the services counter at bloomfield and sikeston.”

Form 990, Part VI, Section C, Line 19

“Board minutes and year-to-date financials are printed each month in newsletter and posted on the website. Plus, governing documents, bylaws, ect, are posted on the website.”

Filing and Contact Details

Filer

Filer Name
Semo Electric Cooperative
EIN
43-0510025
Phone
5734715821
Address
PO BOX 520, SIKESTON, MO 63801

Signing Officer

Name
Richard Faulkner
Title
President
Phone
5734715821
Signed
2019-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Faulkner
Formed
1938
Legal Domicile
Mo
Voting Board Members
12
Independent Board Members
12
Employees
58
Volunteers
0

Preparer

Firm
Botz Deal & Company Pc
Address
TWO WESTBURY DRIVE, ST CHARLES, MO 63301-2599
Preparer
Michele a Graham CPA
Phone
6369462800
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Postretirement benefits liability adjustment 81,901. Amortization of postretirement benefits liability -87,300.”

FORM 990, PART XII, LINE 2C:

“The organization's board of directors assume responsibility for oversight of the financial statements. The organization has not changed their oversight process from prior years.”

Financial Statement Notes

PART X, LINE 2:

“Fasb asc topic 740, income taxes, provides for the recognition of tax benefits related to uncertain tax positions. For the year ended december 31, 2018, management believes there are no material uncertain tax positions. The agency files form 990 return of organization exempt from income tax, 990t and a mo-1120. Returns prior to 2015 are closed.”

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IRS990/Form990PartVIISectionAGrp/PersonNm0RICHARD FAULKNER
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IRS990/Form990PartVIISectionAGrp/PersonNm14MARTIN VINEYARD
IRS990/Form990PartVIISectionAGrp/PersonNm15LARRY KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm16TERRY BUNTING
IRS990/Form990PartVIISectionAGrp/PersonNm17CHRIS FREED
IRS990/Form990PartVIISectionAGrp/PersonNm18JOE HILL JR
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3ASSISTANT TREASURER/SECRET
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt13CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt14OPERATIONS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt15ENGINEERING MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt16SERVICEMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt17MANAGER OF FIBER CONSTRUCTION
IRS990/Form990PartVIISectionAGrp/TitleTxt18SERVICEMAN
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IRS990/Form990TFiledInd01
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
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IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt027596
IRS990/GrossReceiptsAmt039298298
IRS990/GrossSalesOfInventoryAmt08409
IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt019
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt02203688
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01145857
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01271867
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt061808
IRS990/InvestmentInJointVentureInd00
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IRS990/IRPDocumentW2GCnt00
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IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO MAKE PEOPLE'S LIVES BETTER BY PROVIDING SAFE, RELIABLE, LOW-COST ELECTRICITY, AND FIBER-FAST INTERNET, TV, AND PHONE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt042216780
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IRS990/NetAssetsOrFundBalancesEOYAmt063611908
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-17905
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt08287
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt08287
IRS990/NetUnrelatedBusTxblIncmAmt0-13602786
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01380518
IRS990/OtherAssetsTotalGrp/EOYAmt01353824
IRS990/OtherChangesInNetAssetsAmt0-5399
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION MAINTENANC
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE & GENERA
IRS990/OtherExpensesGrp/Desc3DISTRIBUTION OPERATION
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IRS990/OtherExpensesGrp/TotalAmt13577020
IRS990/OtherExpensesGrp/TotalAmt22831717
IRS990/OtherExpensesGrp/TotalAmt32648355
IRS990/OtherLiabilitiesGrp/BOYAmt02748993
IRS990/OtherLiabilitiesGrp/EOYAmt02582040
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt066076
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt066076
IRS990/OtherRevenueTotalAmt066076
IRS990/OtherSourcesGrossIncomeAmt01855940
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt091509
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0105393
IRS990/PrincipalOfficerNm0RICHARD FAULKNER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
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IRS990/ProgramServiceRevenueGrp/BusinessCd4221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC - ENERGY SALE
IRS990/ProgramServiceRevenueGrp/Desc1CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/Desc2FIBER SERVICES
IRS990/ProgramServiceRevenueGrp/Desc3POLE RENTAL
IRS990/ProgramServiceRevenueGrp/Desc4SALVAGE REVENUE
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11243594
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2105913
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt414981
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0360570
IRS990/ProgSrvcAccomActy2Grp/Desc0IN 2017, THE CO-OP STARTED ITS FIBER-TO-THE-HOME PROJECT. THE FIRST INSTALL OCCURRED IN MARCH 2018. IT IS A 40 MILLION DOLLAR PROJECT. MEMBERS ARE EXCITED ABOUT THE SERVICES. AS OF JULY 15, 2019, THERE WERE 2,000 SUBSCRIBERS. IT WILL TAKE 18 MONTHS TO COMPLETE BUILDOUT.
IRS990/ProgSrvcAccomActy3Grp/Desc0THE COOPERATIVE INVESTS NEARLY TWO MILLION DOLLARS A YEAR TO TRIM TREES TO ENHANCE RELIABILITY. THE CO-OP HAS MORE THAN 2,600 MILES TO PROTECT. THE LINES NEED TRIMMED EVERY FOUR TO SIX YEARS.
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IRS990/PYSalariesCompEmpBnftPaidAmt0558139
IRS990/PYTotalExpensesAmt035773853
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt035299559
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0638247
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt063611908
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01565068
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02524836
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01545868
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01512463
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03058331
IRS990ScheduleD/EquipmentGrp/BookValueAmt094104714
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024143116
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0118247830
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IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt038614428
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt020303295
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11281328
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt219502
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PATRONAGE CAPITAL

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$128,361,494
Liabilities
$64,749,586
Net assets
$63,611,908
Revenue
$39,252,675
Expenses
$38,614,428
Net income
$638,247
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$155$92.3$63.0$43.6$43.8$0.17
2019Detailed filing. Detailed filing data is available for this year.$140$76.6$63.1$41.1$41.7$0.51
2018Detailed filing. Detailed filing data is available for this year.$128$64.7$63.6$39.3$38.6$0.64
2017Detailed filing. Detailed filing data is available for this year.$113$49.7$63.0$35.3$35.8$0.47
2016Detailed filing. Detailed filing data is available for this year.$110$47.0$63.4$36.0$35.5$0.45
2015Detailed filing. Detailed filing data is available for this year.$110$46.5$63.0$35.2$33.5$1.68
2014Detailed filing. Detailed filing data is available for this year.$108$47.2$61.1$34.8$32.5$2.37
2013Detailed filing. Detailed filing data is available for this year.$106$47.1$59.1$33.8$31.3$2.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$101$44.6$56.7$29.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$98.7$45.6$53.1$29.3
Peer Organizations

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