Civic Intelligence

Central Virginia Electric Cooperative

990 • Fiscal year 2019 • EIN 54-0164798

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 27, 2020

PO Box 247Lovingston, VA 22949

(434) 263-8336

Siviq Scores

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

Liabilities / Assets

90th percentile

0.76x

Higher debt load relative to assets than 90% of similar nonprofits.

2019 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

1.99x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2019

Net Margin

6th percentile

-0.6%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2019

Top Officer Pay

56th percentile

$556,235

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2019 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2019

Asset Growth

98th percentile

22%

Faster asset growth than 98% of similar nonprofits.

2019 filings • 501(c)12 • $250M-$1B nonprofits • Annualized from 2018 to 2019

Revenue Growth

81st percentile

2.9%

Faster revenue growth than 81% of similar nonprofits.

2019 filings • 501(c)12 • $250M-$1B nonprofits • Annualized from 2018 to 2019

Assets

Up

$256,934,438

Up $47,070,159 (+22%) from 2018

Net Assets

Up

$62,913,783

Up $4,541,066 (+7.8%) from 2018

Liabilities

Up

$194,020,655

Up $42,529,093 (+28%) from 2018

Revenue

Up

$97,697,111

Up $2,748,565 (+2.9%) from 2018

Expenses

Up

$98,244,261

Up $3,310,136 (+3.5%) from 2018

Net Income

Down

-$547,150

Down $561,571 (-3894%) from 2018

Historical Trend

Balance Sheet Trend

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

$600M$400M$200M$0Assets 2010: $153,211,318Liabilities 2010: $108,221,298Net Assets 2010: $44,990,0202010Assets 2011: $155,009,298Liabilities 2011: $107,684,148Net Assets 2011: $47,325,1502011Assets 2012: $161,273,075Liabilities 2012: $112,311,843Net Assets 2012: $48,961,2322012Assets 2013: $168,652,913Liabilities 2013: $114,684,244Net Assets 2013: $53,968,6692013Assets 2014: $173,286,053Liabilities 2014: $118,764,457Net Assets 2014: $54,521,5962014Assets 2015: $177,809,864Liabilities 2015: $124,631,328Net Assets 2015: $53,178,5362015Assets 2016: $185,005,983Liabilities 2016: $130,306,901Net Assets 2016: $54,699,0822016Assets 2017: $196,827,820Liabilities 2017: $140,256,923Net Assets 2017: $56,570,8972017Assets 2018: $209,864,279Liabilities 2018: $151,491,562Net Assets 2018: $58,372,7172018Assets 2019: $256,934,438Liabilities 2019: $194,020,655Net Assets 2019: $62,913,7832019Assets 2020: $323,331,831Liabilities 2020: $253,151,433Net Assets 2020: $70,180,3982020Assets 2021: $375,858,912Liabilities 2021: $300,441,549Net Assets 2021: $75,417,3632021Assets 2022: $421,331,985Liabilities 2022: $341,306,644Net Assets 2022: $80,025,3412022Assets 2023: $454,408,898Liabilities 2023: $372,628,463Net Assets 2023: $81,780,4352023Assets 2024: $481,747,118Liabilities 2024: $396,337,073Net Assets 2024: $85,410,0452024

Highlighted filing

2019

Assets$256,934,438
Liabilities$194,020,655
Net Assets$62,913,783

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2010: $56,934,1482010Expenses 2011: $62,452,0662011Expenses 2012: $69,470,4702012Revenue 2013: $81,397,965Expenses 2013: $78,920,299Net Income 2013: $2,477,6662013Revenue 2014: $84,632,618Expenses 2014: $84,023,746Net Income 2014: $608,8722014Revenue 2015: $85,550,553Expenses 2015: $84,946,762Net Income 2015: $603,7912015Revenue 2016: $86,045,837Expenses 2016: $84,781,314Net Income 2016: $1,264,5232016Revenue 2017: $80,765,828Expenses 2017: $80,220,902Net Income 2017: $544,9262017Revenue 2018: $94,948,546Expenses 2018: $94,934,125Net Income 2018: $14,4212018Revenue 2019: $97,697,111Expenses 2019: $98,244,261Net Income 2019: -$547,1502019Revenue 2020: $96,315,447Expenses 2020: $92,689,204Net Income 2020: $3,626,2432020Revenue 2021: $102,220,456Expenses 2021: $102,417,904Net Income 2021: -$197,4482021Revenue 2022: $116,679,749Expenses 2022: $116,772,407Net Income 2022: -$92,6582022Revenue 2023: $114,615,100Expenses 2023: $114,878,608Net Income 2023: -$263,5082023Revenue 2024: $124,755,119Expenses 2024: $123,300,292Net Income 2024: $1,454,8272024

Highlighted filing

2019

Revenue$97,697,111
Expenses$98,244,261
Net Income-$547,150
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 27, 2020
Return Version
2019v5.0
Gross Receipts
$97,697,111
Mission and Program Overview

Mission

SAfe and effective DISTRIBUTION OF ELECTRICITY TO the members of Central Virginia Electric Cooperative

Safe and effective delivery of electricity to the members of central virginia electric cooperative.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$182,921,304$217,975,322▲ $35,054,018
Rtn Earn Endowment Incm Other Fnds$58,372,717$62,913,783▲ $4,541,066
Accounts Receivable$13,336,941$12,641,914▼ $695,027
Other Notes and Loans Receivable, Net$2,000,000$4,300,000▲ $2,300,000
Inventories for Sale or Use$3,480,472$3,908,523▲ $428,051
Investments Program Related$2,682,004$2,764,945▲ $82,941
Prepaid Expenses and Deferred Charges$4,206,801$2,401,916▼ $1,804,885
Cash and Non-Interest-Bearing Accounts$412,019$636,937▲ $224,918
Total Assets$209,864,279$256,934,438▲ $47,070,159
Other Assets Total$824,738$12,304,881▲ $11,480,143
Liabilities
Mortgage Notes Payable Secured by Investment Property$137,600,412$175,590,033▲ $37,989,621
Accounts Payable and Accrued Expenses$7,360,749$10,676,949▲ $3,316,200
Other Liabilities$6,530,401$7,753,673▲ $1,223,272
Total Liabilities$151,491,562$194,020,655▲ $42,529,093
Net Assets / Fund Balance
Total Net Assets Fund Balance$58,372,717$62,913,783▲ $4,541,066
Total Liabilities and Net Assets / Fund Balance$209,864,279$256,934,438▲ $47,070,159

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$217,975,322$80,902,575$298,877,897
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gary E WoodPresident &FT$488,867$67,368$556,235
Gary E WoodPresident & CEO-$479,740$76,495$556,235
Tina M MalliaVice PresideFT$251,694$55,963$307,657
Tina M MalliaVice President-$234,833$72,824$307,657
Charles MaurhoffVP Oper. & EFT$239,627$60,103$299,730
Charles MaurhoffVP Oper. & Eng.-$222,537$77,193$299,730
Matthew WoodInfo Tech MgFT$177,832$45,125$222,957
Matthew WoodInfo Tech Mgr-$170,118$52,839$222,957
Melissa GayMember SvcsFT$178,821$36,012$214,833
Melissa GayMember Svcs Manager-$169,496$45,337$214,833
Lynne BeardsleyHr ManagerFT$155,595$53,860$209,455
Robert HarrisEngineerFT$148,142$57,587$205,729
Jason PalmerOperations MFT$151,467$34,950$186,417
Jason PalmerOperations Mgr-$144,672$41,745$186,417
Gloria W VestDirectorPT$31,350-$31,350
Roberta HarloweVice-chairmaPT$30,600-$30,600
George GoinDirectorPT$29,600-$29,600
Frank Baber IiiSecretaryPT$29,100-$29,100
Ht Brown JrDirectorPT$27,600-$27,600
Brian BatesTreasurerPT$27,100-$27,100
Jace GoodlingDirectorPT$25,350-$25,350
R Kinckle RobinsonChairmanPT$25,100-$25,100
Henry ChilesDirectorPT$23,100-$23,100

Highest Paid Contractors

ContractorServicesLocationCompensation
N & S Construction INCConstruction8601 WESTWOOD CENTER DR, Tysons Corner, VA 22182$17,588,879
Richardson-wayland Elect CoConstructionPO BOX 12648, Roanoke, VA 24027$2,787,802
Xylem Tree ExpertsR/w Trimming208 E PLUME TREET STE 250, Norfolk, VA 23510$1,347,865
Volt Power LLCConstruction2173 ENGERGY DRIVE, Kinston, NC 28504$1,197,368
Powertech Engineering LLCConstruction1600 HIGHWAY 77 NORTH, Union Point, GA 30669$1,135,122
Revenue and Support

Revenue Composition

Contributions and Grants
$15,531
Program Service Revenue
$97,606,622
Investment Income
$435,432
Other Revenue
$-360,474
Change in Net Assets
$-547,150
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$78,435,926
Salaries, Compensation, and Employee Benefits$13,521,434
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$8,881,240
Depreciation Depletion---$8,233,951
Benefits to Members---$6,286,901
Interest---$5,300,115
Pension Plan Contributions---$2,357,188
Travel---$2,198,139
Other Expenses---$1,777,143
Current Officers, Directors, Trustees, and Key Employees---$1,412,522
Payroll Taxes---$788,914
Conferences and Meetings---$230,154
Fees for Services Legal---$151,496
Other Employee Benefits---$81,570
All Other Expenses---$-5,892,244
Total Functional Expenses$0$0$0$98,244,261
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
Deferred Credits$2,744,078
Consumer Deposits$1,802,732
Investment in Subsidiary$1,550,880
Accrued Postretirement Benefit Cost$1,355,983
Deferred Compensation$300,000
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, Page 6, Part VI, Line 6

Central virginia electric cooperative is an electric cooperative that delivers electricity to the members of the cooperative. The members elect the board of directors, which is the governing body of the cooperative.

Form 990, Page 6, Part VI, Line 7A

Members of the governing board are elected by the membership of the cooperative. Each member receives one vote. The board has monthly meetings and an annual meeting that is open to the entire membership.

Form 990, Page 6, Part VI, Line 7B

Certain decisions of the governing body are subject to approval by the members as provided for in the cooperative bylaws.

Form 990, Page 6, Part VI, Line 8B

Committee maintains documentation of meetings and actions.

Form 990, Page 6, Part VI, Line 11B

The cooperative's legal counsel annually reviews the conflict of interest compliance and enforcement with the governing board. In addition, each director must annually complete and sign a conflict of interest certification and disclosure form.

Form 990, Page 6, Part VI, Line 12C

The cooperative's legal counsel annually reviews the conflict of interest compliance and enforcement with the governing board. In addition, each director must annually complete and sign a conflict of interest certification and disclosure form.

Form 990, Page 6, Part VI, Line 15A

The governing board has a compensation committee that reviews the ceo's performance annually and recommends salary changes to the board. As part of this review, the committee considers salary data nationally as well as other statewide comparison data from electric cooperatives throughout the state.

Form 990, Page 6, Part VI, Line 15B

The governing board has a compensation committee that reviews the ceo's performance annually and recommends salary changes to the board. As part of this review, the committee considers salary data nationally as well as other statewide comparison data from electric cooperatives throughout the state.

Form 990, Page 6, Part VI, Line 19

Financial data is provided to the membership at the annual regularly scheduled membership meeting. Financial data is also provided in the member newsletter that gives the notice of the annual meeting. Other governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Central Virginia Electric
EIN
54-0164798
Phone
4342638336
Address
PO BOX 247, LOVINGSTON, VA 22949

Signing Officer

Name
Gary E Wood
Title
President & CEO
Phone
4342638336
Signed
2020-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary E Wood
Formed
1937
Legal Domicile
Va
Voting Board Members
9
Independent Board Members
9
Employees
120

Preparer

Firm
Adams Jenkins & Cheatham
Address
231 WYLDEROSE DR, MIDLOTHIAN, VA 23113
Preparer
G Steven Gilliam CPA
Phone
8043231313
Supplemental Narrative

Additional Explanations

Form 990

Form 990 part ix line 4 - benefits paid to members patronage dividends paid to members' accounts in accordance with the pre- existing obligation in central va electric cooperative's by-laws. The cooperative is obligated to pay by credits to a capital account for each patron all such amounts in excess of operating costs and expenses. Irs instructions for line 4 changed in 2011 to include patronage dividends paid by section 501(c)(12) organizations to their members. Accordingly, these amounts are now reported on line 4. 990 part ix line 17 travel expense travel costs includes the expenses of purchasing, leasing, operating, and repairing any vehicles owned by the corporation and used in the corporation's activities. Travel costs also include transportation costs, meals and lodging, and per diem payments.

Form 990, Part XI, Line 9

Patronage div paid to members- not exp per gaap 6,286,901 non-cash patronage allocations not rev per irs 86,845 other comprehensive income 394,794 contributions in aid of const not rev per gaap -529,413 net retirement of capital credits paid -1,150,911 total 5,088,216

Financial Statement Notes

Schedule D, Page 3, Part X

The cooperative follows the guidance for "uncertain tax positions" in accordance with accounting standards codification topic 740. The cooperative has determined that it is more likely than not that its tax positions will be sustained upon examination by the internal revenue service.

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IRS990/Form990PartVIISectionAGrp/PersonNm1TINA M MALLIA
IRS990/Form990PartVIISectionAGrp/PersonNm2CHARLES MAURHOFF
IRS990/Form990PartVIISectionAGrp/PersonNm3MATTHEW WOOD
IRS990/Form990PartVIISectionAGrp/PersonNm4MELISSA GAY
IRS990/Form990PartVIISectionAGrp/PersonNm5LYNNE BEARDSLEY
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm7JASON PALMER
IRS990/Form990PartVIISectionAGrp/PersonNm8GLORIA W VEST
IRS990/Form990PartVIISectionAGrp/PersonNm9ROBERTA HARLOWE
IRS990/Form990PartVIISectionAGrp/PersonNm10GEORGE GOIN
IRS990/Form990PartVIISectionAGrp/PersonNm11FRANK BABER III
IRS990/Form990PartVIISectionAGrp/PersonNm12HT BROWN JR
IRS990/Form990PartVIISectionAGrp/PersonNm13BRIAN BATES
IRS990/Form990PartVIISectionAGrp/PersonNm14JACE GOODLING
IRS990/Form990PartVIISectionAGrp/PersonNm15R KINCKLE ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm16HENRY CHILES
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2239627
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT &
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP OPER. & E
IRS990/Form990PartVIISectionAGrp/TitleTxt3INFO TECH MG
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER SVCS
IRS990/Form990PartVIISectionAGrp/TitleTxt5HR MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt6ENGINEER
IRS990/Form990PartVIISectionAGrp/TitleTxt7OPERATIONS M
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE-CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
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IRS990/FormationYr01937
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt049578
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt049578
IRS990/GrossReceiptsAmt097697111
IRS990/GrossRentsGrp/PersonalAmt0221434
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt05300115
IRS990/InventoriesForSaleOrUseGrp/BOYAmt03480472
IRS990/InventoriesForSaleOrUseGrp/EOYAmt03908523
IRS990/InvestmentIncomeGrp/ExclusionAmt0183618
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0385854
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0202236
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IRS990/InvestmentsProgramRelatedGrp/BOYAmt02682004
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IRS990/IRPDocumentCnt051
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt080902575
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0182921304
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0217975322
IRS990/LandBldgEquipCostOrOtherBssAmt0298877897
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt097110708
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SAFE AND EFFECTIVE DELIVERY OF ELECTRICITY TO THE MEMBERS OF CENTRAL VIRGINIA ELECTRIC COOPERATIVE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0137600412
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0175590033
IRS990/NetAssetsOrFundBalancesBOYAmt058372717
IRS990/NetAssetsOrFundBalancesEOYAmt062913783
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt049578
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt049578
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0221434
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0221434
IRS990/NetUnrelatedBusTxblIncmAmt022206
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0824738
IRS990/OtherAssetsTotalGrp/EOYAmt012304881
IRS990/OtherChangesInNetAssetsAmt05088216
IRS990/OtherEmployeeBenefitsGrp/TotalAmt081570
IRS990/OtherExpensesGrp/Desc0COST OF POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION - MAINT
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE & GENERAL
IRS990/OtherExpensesGrp/Desc3DISTRIBUTION - OPERATION
IRS990/OtherExpensesGrp/TotalAmt059511669
IRS990/OtherExpensesGrp/TotalAmt14226252
IRS990/OtherExpensesGrp/TotalAmt22699251
IRS990/OtherExpensesGrp/TotalAmt31777143
IRS990/OtherLiabilitiesGrp/BOYAmt06530401
IRS990/OtherLiabilitiesGrp/EOYAmt07753673
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
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IRS990/OtherRevenueMiscGrp/Desc0SUBSIDIARY ANCILLARY SVCS
IRS990/OtherRevenueMiscGrp/Desc1FIBER LEASE REVENUE
IRS990/OtherRevenueMiscGrp/Desc2EQUITY LOSSES FROM SUB
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0-1454657
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0673356
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1199393
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2-1454657
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0673356
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt1199393
IRS990/OtherRevenueTotalAmt0-581908
IRS990/OtherSalariesAndWagesGrp/TotalAmt08881240
IRS990/OtherSourcesGrossIncomeAmt01804095
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02000000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04300000
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0788914
IRS990/PensionPlanContributionsGrp/TotalAmt02357188
IRS990/PoliticalCampaignActyInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02401916
IRS990/PrincipalOfficerNm0GARY E WOOD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/Desc0SALE & DIST. OF ELECT.
IRS990/ProgramServiceRevenueGrp/Desc1CONTRIB. IN AID OF CONST.
IRS990/ProgramServiceRevenueGrp/Desc2PATRONAGE ALLOCATIONS REC
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt096911315
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1529413
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2165894
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1529413
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2165894
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IRS990/PYBenefitsPaidToMembersAmt03721234
IRS990/PYInvestmentIncomeAmt046045
IRS990/PYOtherExpensesAmt078399823
IRS990/PYOtherRevenueAmt0-69837
IRS990/PYProgramServiceRevenueAmt094972338
IRS990/PYRevenuesLessExpensesAmt014421
IRS990/PYSalariesCompEmpBnftPaidAmt012813068
IRS990/PYTotalExpensesAmt094934125
IRS990/PYTotalRevenueAmt094948546
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IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RentalIncomeOrLossGrp/PersonalAmt0221434
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt058372717
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt062913783
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0217975322
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt080902575
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0298877897
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02744078
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11802732
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21550880
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31355983
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4300000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED CREDITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CONSUMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2INVESTMENT IN SUBSIDIARY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED POSTRETIREMENT BENEFIT COST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4DEFERRED COMPENSATION
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COOPERATIVE FOLLOWS THE GUIDANCE FOR "UNCERTAIN TAX POSITIONS" IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION TOPIC 740. THE COOPERATIVE HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0217975322
IRS990ScheduleD/TotalLiabilityAmt07753673
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$482$396$85.4$125$123$1.45
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$454$373$81.8$115$115$0.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$421$341$80.0$117$117$0.09
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$376$300$75.4$102$102$0.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$323$253$70.2$96.3$92.7$3.63
2019Detailed filing. Detailed filing data is available for this year.$257$194$62.9$97.7$98.2$0.55
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$210$151$58.4$94.9$94.9$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$197$140$56.6$80.8$80.2$0.54
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$185$130$54.7$86.0$84.8$1.26
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$178$125$53.2$85.6$84.9$0.60
2014Detailed filing. Detailed filing data is available for this year.$173$119$54.5$84.6$84.0$0.61
2013Detailed filing. Detailed filing data is available for this year.$169$115$54.0$81.4$78.9$2.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$161$112$49.0$69.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$155$108$47.3$62.5
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$153$108$45.0$56.9