Civic Intelligence

White River Valley Electric Trust Inc.

990 • Fiscal year 2016 • EIN 43-1629456

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 23, 2017

PO Box 969Branson, MO 65615-0969

(417) 335-9335

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

80th percentile

34%

Faster asset growth than 80% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$351,918

Up $90,110 (+34%) from 2015

Net Assets

Up

$351,918

Up $90,110 (+34%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$268,196

Up $33,978 (+15%) from 2015

Expenses

Up

$180,561

Up $29,879 (+20%) from 2015

Net Income

Up

$87,635

Up $4,099 (+4.9%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $161,596Liabilities 2010: $0Net Assets 2010: $161,5962010Assets 2011: $103,674Liabilities 2011: $0Net Assets 2011: $103,6742011Assets 2012: $119,609Liabilities 2012: $0Net Assets 2012: $119,6092012Assets 2013: $194,768Liabilities 2013: $0Net Assets 2013: $194,7682013Assets 2014: $178,772Liabilities 2014: $500Net Assets 2014: $178,2722014Assets 2015: $261,808Liabilities 2015: $0Net Assets 2015: $261,8082015Assets 2016: $351,918Liabilities 2016: $0Net Assets 2016: $351,9182016Assets 2017: $443,671Liabilities 2017: $0Net Assets 2017: $443,6712017Assets 2018: $500,717Liabilities 2018: $0Net Assets 2018: $500,7172018Assets 2019: $533,171Liabilities 2019: $0Net Assets 2019: $533,1712019Assets 2020: $498,176Liabilities 2020: $0Net Assets 2020: $498,1762020Assets 2021: $321,655Liabilities 2021: $0Net Assets 2021: $321,6552021Assets 2022: $299,067Liabilities 2022: $0Net Assets 2022: $299,0672022Assets 2023: $389,522Liabilities 2023: $0Net Assets 2023: $389,5222023Assets 2024: $393,884Liabilities 2024: $0Net Assets 2024: $393,8842024Assets 2025: $407,771Liabilities 2025: $0Net Assets 2025: $407,7712025

Highlighted filing

2016

Assets$351,918
Liabilities$0
Net Assets$351,918

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $245,2622010Expenses 2011: $287,2842011Expenses 2012: $213,8332012Revenue 2013: $213,650Expenses 2013: $138,491Net Income 2013: $75,1592013Revenue 2014: $260,791Expenses 2014: $277,287Net Income 2014: -$16,4962014Revenue 2015: $234,218Expenses 2015: $150,682Net Income 2015: $83,5362015Revenue 2016: $268,196Expenses 2016: $180,561Net Income 2016: $87,6352016Revenue 2017: $265,549Expenses 2017: $173,796Net Income 2017: $91,7532017Revenue 2018: $243,553Expenses 2018: $186,507Net Income 2018: $57,0462018Revenue 2019: $240,112Expenses 2019: $207,658Net Income 2019: $32,4542019Revenue 2020: $286,528Expenses 2020: $321,523Net Income 2020: -$34,9952020Revenue 2021: $284,528Expenses 2021: $461,049Net Income 2021: -$176,5212021Revenue 2022: $296,468Expenses 2022: $319,056Net Income 2022: -$22,5882022Revenue 2023: $432,297Expenses 2023: $341,842Net Income 2023: $90,4552023Revenue 2024: $303,942Expenses 2024: $299,581Net Income 2024: $4,3612024Revenue 2025: $287,379Expenses 2025: $273,492Net Income 2025: $13,8872025

Highlighted filing

2016

Revenue$268,196
Expenses$180,561
Net Income$87,635
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 23, 2017
Return Version
2016v3.0
Gross Receipts
$281,956
Mission and Program Overview

Mission

To provide financial assistance to the needy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$261,808$351,918▲ $90,110
Savings and Temporary Cash Investments$261,808$323,139▲ $61,331
Accounts Receivable$0$28,779▲ $28,779
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$261,808$351,918▲ $90,110
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$261,808$351,918▲ $90,110
Total Liabilities and Net Assets / Fund Balance$261,808$351,918▲ $90,110
Compensation and Service Providers

Board Members and Trustees

NameTitle
Anne ColemanPresident
Jana HesterleeVice President
Allen IorgDirector
Jerry JenkinsDirector
Joyce M BakerDirector
Lori LucchiDirector
Lyle RowlandDirector
Jo StehleSecretary
Rhonda J SuterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$248,891
Program Service Revenue
$0
Investment Income
$293
Other Revenue
$19,012
All Other Contributions
$248,891
Change in Net Assets
$87,635
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$180,433
Other Expenses$128
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$93,172--$93,172
Grants to Domestic Individuals$87,261--$87,261
Fees for Services Other$128--$128
Total Functional Expenses$180,561$0$0$180,561
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$32,772
Fundraising Direct Expenses$13,760
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fishing Tourn$24,412$24,412$13,760$10,652
Bbq Event$8,360$8,360-$8,360
Total Events$32,772$32,772$13,760$19,012
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Lines 6, 7A & 7B

Members: per article vi of the organization's bylaws, the trust's initial board members shall also be board members of white river valley electric cooperative inc. Thereafter, the white river valley electric cooperative inc board of directors has the authority to name members of the trust. Existing members of the trust's board may make recommendations to the board of directors of white river valley electric cooperative inc. Per article xx of the organization's bylaws, the by-laws may be altered, amended, or repealed by the board of directors of white river valley electric cooperative inc. Per article xxi of the organization's bylaws, the board of directors of the trust shall maintain a complete accounting system and make reports to the board of directors of white river valley electric cooperative inc on the operations of the trust.

Form 990, Part VI, Section A, Line 8B

Committees: no committee has authority to act on behalf of the governing body.

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

Form 990 review process: the form 990 is prepared by an independent accounting firm based on the financial statements and information provided by the accounting department of the organization. The organization reviews and approves the 990 with the independent accountant. After this process is complete, a copy of the form is distributed to all directors prior to filing.

Form 990, Part VI, Section C, Line 19

Document disclosure: the governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
White River Valley Electric Trust Inc
EIN
43-1629456
In Care Of
% GERRI BEAUCHAMP
Phone
4173359335
Address
PO BOX 969, BRANSON, MO 65615-0969

Signing Officer

Name
Anne Coleman
Title
President
Phone
4173359225
Signed
2017-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne Coleman
Formed
1992
Legal Domicile
Mo
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Bkd Llp
Address
800 STATE HW 248 BLDG III STE LL, BRANSON, MO 65616-4078
Preparer
Kevin B Scott
Phone
4173345165
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IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ANNE COLEMAN
IRS990/PriorPeriodAdjustmentsAmt02475
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0237215
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0150612
IRS990/PYInvestmentIncomeAmt0235
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt070
IRS990/PYOtherRevenueAmt0-3232
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt083536
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0150682
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0234218
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt087635
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0261808
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0351918
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0261808
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0323139
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt038632
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt038000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt038000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt033228
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt031085
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0178945
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0248891
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0237215
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0256234
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0210813
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0228430
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01181583
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0293
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0235
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0296
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0222
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0259
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01305
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0293
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0235
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0296
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0222
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0259
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01305
IRS990ScheduleA/InvestmentIncomeCYPct00.00110
IRS990ScheduleA/InvestmentIncomePYPct00.00116
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.84762
IRS990ScheduleA/PublicSupportPY509Pct00.85221
IRS990ScheduleA/PublicSupportTotal509Amt01002638
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt038632
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt038000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt038000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt033228
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt031085
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0178945
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0248891
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0237215
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0256234
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0210813
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0228430
IRS990ScheduleA/Total509Grp/TotalAmt01181583
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0249184
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0237450
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0256530
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0211035
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0228689
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01182888
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013760
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FISHING TOURN
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BBQ EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt024412
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08360
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt032772
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt024412
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt08360
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt032772
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt019012
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt013760
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt013760
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt00
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt087261
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ASSISTANCE & SCHOLARSHIPS TO VARIOUS INDIVIDUALS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0274
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SUPPLEMENTAL INFORMATION: HIGH SCHOOL SCHOLARSHIP APPLICANTS SUBMIT APPLICATIONS TO THEIR HIGH SCHOOL COUNSELORS. THE COUNSELORS THEN FORWARD THE APPLICATIONS ON TO THE TRUST AND THE BOARD OF THE TRUST SELECTS THE RECIPIENTS BASED ON NEED.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1PROCEDURES FOR MONITORING USE OF GRANTS OR ASSISTANCE: SCHOLARSHIPS PAID TO INDIVIDUALS ARE DISTRIBUTED DIRECTLY TO THE COLLEGE OR UNIVERSITY ATTENDED BY THE STUDENT AFTER ENROLLMENT. NO FURTHER MONITORING IS REQUIRED BY WHITE RIVER VALLEY ELECTRIC TRUST ("WHITE RIVER"). ALL AMOUNTS PAID TO ORGANIZATIONS ARE BELOW REPORTING THRESHOLDS FOR SCHEDULE I. WHITE RIVER PROVIDES ASSISTANCE TO SCHOOLS WITHIN THEIR SERVICE AREA TO ASSIST WITH CLASSROOM EXPENSES NOT COVERED BY THE SCHOOL DISTRICT. THEY ALSO PROVIDE ASSISTANCE TO LOCAL COMMUNITY SERVICE ORGANIZATIONS, SUCH AS FOOD PANTRIES, SENIOR CENTERS, ETC. THE ORGANIZATIONS ARE CAREFULLY SELECTED BY WHITE RIVER BASED ON THEIR ABILITY TO FULFILL THE PROVISION OF FINANCIAL ASSISTANCE TO THOSE IN NEED. AMOUNTS PAID ARE EARMARKED FOR SPECIFIC PURPOSES AND BASED ON PAST EXPERIENCES AND CONTINUED INVOLVEMENT WITH THE ORGANIZATIONS SELECTED WITHIN THEIR SERVICE AREA. WHITE RIVER OBSERVES THE FUNDS ARE USED FOR THE PURPOSE PRESCRIBED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 1
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE I, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS: PER ARTICLE VI OF THE ORGANIZATION'S BYLAWS, THE TRUST'S INITIAL BOARD MEMBERS SHALL ALSO BE BOARD MEMBERS OF WHITE RIVER VALLEY ELECTRIC COOPERATIVE INC. THEREAFTER, THE WHITE RIVER VALLEY ELECTRIC COOPERATIVE INC BOARD OF DIRECTORS HAS THE AUTHORITY TO NAME MEMBERS OF THE TRUST. EXISTING MEMBERS OF THE TRUST'S BOARD MAY MAKE RECOMMENDATIONS TO THE BOARD OF DIRECTORS OF WHITE RIVER VALLEY ELECTRIC COOPERATIVE INC. PER ARTICLE XX OF THE ORGANIZATION'S BYLAWS, THE BY-LAWS MAY BE ALTERED, AMENDED, OR REPEALED BY THE BOARD OF DIRECTORS OF WHITE RIVER VALLEY ELECTRIC COOPERATIVE INC. PER ARTICLE XXI OF THE ORGANIZATION'S BYLAWS, THE BOARD OF DIRECTORS OF THE TRUST SHALL MAINTAIN A COMPLETE ACCOUNTING SYSTEM AND MAKE REPORTS TO THE BOARD OF DIRECTORS OF WHITE RIVER VALLEY ELECTRIC COOPERATIVE INC ON THE OPERATIONS OF THE TRUST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMMITTEES: NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 REVIEW PROCESS: THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY THE ACCOUNTING DEPARTMENT OF THE ORGANIZATION. THE ORGANIZATION REVIEWS AND APPROVES THE 990 WITH THE INDEPENDENT ACCOUNTANT. AFTER THIS PROCESS IS COMPLETE, A COPY OF THE FORM IS DISTRIBUTED TO ALL DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENT DISCLOSURE: THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINES 6, 7A & 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.08$0.00$4.08$2.87$2.73$0.14
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.94$0.00$3.94$3.04$3.00$0.04
2023Detailed filing. Detailed filing data is available for this year.$3.90$0.00$3.90$4.32$3.42$0.90
2022Detailed filing. Detailed filing data is available for this year.$2.99$0.00$2.99$2.96$3.19$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$0.00$3.22$2.85$4.61$1.77
2020Detailed filing. Detailed filing data is available for this year.$4.98$0.00$4.98$2.87$3.22$0.35
2019Detailed filing. Detailed filing data is available for this year.$5.33$0.00$5.33$2.40$2.08$0.32
2018Detailed filing. Detailed filing data is available for this year.$5.01$0.00$5.01$2.44$1.87$0.57
2017Detailed filing. Detailed filing data is available for this year.$4.44$0.00$4.44$2.66$1.74$0.92
2016Detailed filing. Detailed filing data is available for this year.$3.52$0.00$3.52$2.68$1.81$0.88
2015Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$2.34$1.51$0.84
2014Detailed filing. Detailed filing data is available for this year.$1.79$0.01$1.78$2.61$2.77$0.16
2013Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$2.14$1.38$0.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.00$1.20$2.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.00$1.04$2.87
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.00$1.62$2.45