Civic Intelligence

Verendrye Electric Cooperative Inc

990 • Fiscal year 2012 • EIN 45-0206162

Jan 01, 2012 to Dec 31, 2012

Organization ProfileWWW.VERENDRYE.COM
Velva, ND
Siviq Scores

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

Liabilities / Assets

86th percentile

0.69x

Higher debt load relative to assets than 86% of similar nonprofits.

2012 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2012

Liabilities / Revenue

79th percentile

1.50x

Higher debt load relative to revenue than 79% of similar nonprofits.

2012 filings • $50M-$100M nonprofits • Source year 2012

Net Margin

43rd percentile

1.4%

Higher net margin than 43% of similar nonprofits.

2012 filings • $50M-$100M nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

91st percentile

11%

Faster asset growth than 91% of similar nonprofits.

2012 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2011 to 2012

Revenue Growth

67th percentile

13%

Faster revenue growth than 67% of similar nonprofits.

2012 filings • $50M-$100M nonprofits • Annualized from 2011 to 2012

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$89,293,382

Up $8,500,530 (+11%) from 2011

Net Assets

Up

$27,947,476

Up $2,052,207 (+7.9%) from 2011

Liabilities

Up

$61,345,906

Up $6,448,323 (+12%) from 2011

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin43rd percentile

Revenue

Up

$40,821,693

Up $4,570,152 (+13%) from 2011

Expenses

Up

$40,233,312

Up $4,453,562 (+12%) from 2011

Net Income

Up

$588,381

Up $116,590 (+25%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$200M$150M$100M$50M$0Assets 2011: $80,792,852Liabilities 2011: $54,897,583Net Assets 2011: $25,895,2692011Assets 2012: $89,293,382Liabilities 2012: $61,345,906Net Assets 2012: $27,947,4762012Assets 2013: $99,266,462Liabilities 2013: $68,948,958Net Assets 2013: $30,317,5042013Assets 2014: $104,403,248Liabilities 2014: $71,268,725Net Assets 2014: $33,134,5232014Assets 2015: $114,285,254Liabilities 2015: $78,612,617Net Assets 2015: $35,672,6372015Assets 2016: $121,379,788Liabilities 2016: $81,294,962Net Assets 2016: $40,084,8262016Assets 2017: $128,369,382Liabilities 2017: $85,463,025Net Assets 2017: $42,906,3572017Assets 2018: $145,457,561Liabilities 2018: $96,432,043Net Assets 2018: $49,025,5182018Assets 2019: $146,033,087Liabilities 2019: $93,939,317Net Assets 2019: $52,093,7702019Assets 2020: $151,675,990Liabilities 2020: $96,924,301Net Assets 2020: $54,751,6892020Assets 2021: $164,038,117Liabilities 2021: $104,971,488Net Assets 2021: $59,066,6292021Assets 2022: $170,733,986Liabilities 2022: $107,182,473Net Assets 2022: $63,551,5132022Assets 2023: $181,199,972Liabilities 2023: $112,703,824Net Assets 2023: $68,496,1482023Assets 2024: $182,942,138Liabilities 2024: $112,543,165Net Assets 2024: $70,398,9732024

Highlighted filing

2012

Assets$89,293,382
Liabilities$61,345,906
Net Assets$27,947,476
Open 2012 Filing

Operations Trend

Revenue Growth67th percentile

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

$60M$40M$20M$0Revenue 2011: $36,251,541Expenses 2011: $35,779,750Net Income 2011: $471,7912011Revenue 2012: $40,821,693Expenses 2012: $40,233,312Net Income 2012: $588,3812012Revenue 2013: $46,227,540Expenses 2013: $45,533,740Net Income 2013: $693,8002013Revenue 2014: $50,328,799Expenses 2014: $49,613,415Net Income 2014: $715,3842014Revenue 2015: $50,009,980Expenses 2015: $49,080,225Net Income 2015: $929,7552015Revenue 2016: $54,782,971Expenses 2016: $53,974,712Net Income 2016: $808,2592016Revenue 2017: $53,972,957Expenses 2017: $52,872,534Net Income 2017: $1,100,4232017Revenue 2018: $57,618,334Expenses 2018: $56,303,597Net Income 2018: $1,314,7372018Revenue 2019: $56,396,882Expenses 2019: $55,008,783Net Income 2019: $1,388,0992019Revenue 2020: $54,692,036Expenses 2020: $53,688,998Net Income 2020: $1,003,0382020Revenue 2021: $53,998,395Expenses 2021: $51,976,938Net Income 2021: $2,021,4572021Revenue 2022: $58,253,353Expenses 2022: $56,817,444Net Income 2022: $1,435,9092022Revenue 2023: $58,329,631Expenses 2023: $56,474,366Net Income 2023: $1,855,2652023Revenue 2024: $57,430,112Expenses 2024: $55,790,750Net Income 2024: $1,639,3622024

Highlighted filing

2012

Revenue$40,821,693
Expenses$40,233,312
Net Income$588,381
Open 2012 Filing
Filing Detail Status

This 2012 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)
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Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Mission and Program Overview

Mission

To provide quality electric service at a competitive cost strengthen the area economy & lead in improving the region's quality of life through innovation while operating within the cooperative principles

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$89,293,382
Liabilities
$61,345,906
Net assets
$27,947,476
Revenue
$40,821,693
Expenses
$40,233,312
Net income
$588,381
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$183$113$70.4$57.4$55.8$1.64
2023Detailed filing. Detailed filing data is available for this year.$181$113$68.5$58.3$56.5$1.86
2022Detailed filing. Detailed filing data is available for this year.$171$107$63.6$58.3$56.8$1.44
2021Detailed filing. Detailed filing data is available for this year.$164$105$59.1$54.0$52.0$2.02
2020Detailed filing. Detailed filing data is available for this year.$152$96.9$54.8$54.7$53.7$1.00
2019Summary only. Only limited summary data is available for this year.$146$93.9$52.1$56.4$55.0$1.39
2018Summary only. Only limited summary data is available for this year.$145$96.4$49.0$57.6$56.3$1.31
2017Summary only. Only limited summary data is available for this year.$128$85.5$42.9$54.0$52.9$1.10
2016Summary only. Only limited summary data is available for this year.$121$81.3$40.1$54.8$54.0$0.81
2015Summary only. Only limited summary data is available for this year.$114$78.6$35.7$50.0$49.1$0.93
2014Summary only. Only limited summary data is available for this year.$104$71.3$33.1$50.3$49.6$0.72
2013Summary only. Only limited summary data is available for this year.$99.3$68.9$30.3$46.2$45.5$0.69
2012Summary only. Only limited summary data is available for this year.$89.3$61.3$27.9$40.8$40.2$0.59
2011Summary only. Only limited summary data is available for this year.$80.8$54.9$25.9$36.3$35.8$0.47