Civic Intelligence

Wake Electric Membership Corp

990 • Fiscal year 2016 • EIN 56-0440935

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 30, 2017

Organization ProfileWWW.WEMC.COM
PO Box 1229Wake Forest, NC 27588

(919) 863-6300

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.66x

Higher debt load relative to assets than 83% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

71st percentile

1.61x

Higher debt load relative to revenue than 71% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2016

Net Margin

45th percentile

0.0%

Higher net margin than 45% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2016

Top Officer Pay

96th percentile

$569,721

Higher top officer pay than 96% of similar nonprofits.

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

2016 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2016

Asset Growth

54th percentile

3.8%

Faster asset growth than 54% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Revenue Growth

49th percentile

0.7%

Faster revenue growth than 49% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$218,732,777

Up $7,959,317 (+3.8%) from 2015

Net Assets

Up

$75,381,034

Up $5,111,440 (+7.3%) from 2015

Liabilities

Up

$143,351,743

Up $2,847,877 (+2.0%) from 2015

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin45th percentile

Revenue

Up

$88,836,136

Up $627,097 (+0.7%) from 2015

Expenses

Up

$88,836,136

Up $627,097 (+0.7%) from 2015

Net Income

Flat

$0

Flat from 2015

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

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

$400M$300M$200M$100M$0Assets 2011: $177,701,528Liabilities 2011: $123,762,549Net Assets 2011: $53,938,9792011Assets 2012: $187,226,294Liabilities 2012: $130,655,301Net Assets 2012: $56,570,9932012Assets 2013: $196,149,269Liabilities 2013: $135,653,163Net Assets 2013: $60,496,1062013Assets 2014: $203,235,772Liabilities 2014: $138,701,125Net Assets 2014: $64,534,6472014Assets 2015: $210,773,460Liabilities 2015: $140,503,866Net Assets 2015: $70,269,5942015Assets 2016: $218,732,777Liabilities 2016: $143,351,743Net Assets 2016: $75,381,0342016Assets 2017: $227,672,889Liabilities 2017: $144,814,412Net Assets 2017: $82,858,4772017Assets 2018: $236,429,522Liabilities 2018: $142,805,375Net Assets 2018: $93,624,1472018Assets 2019: $246,078,938Liabilities 2019: $144,881,703Net Assets 2019: $101,197,2352019Assets 2020: $260,399,357Liabilities 2020: $154,513,187Net Assets 2020: $105,886,1702020Assets 2021: $280,486,920Liabilities 2021: $168,204,100Net Assets 2021: $112,282,8202021Assets 2022: $298,402,185Liabilities 2022: $182,916,595Net Assets 2022: $115,485,5902022Assets 2023: $315,412,174Liabilities 2023: $199,761,681Net Assets 2023: $115,650,4932023Assets 2024: $335,397,488Liabilities 2024: $215,604,933Net Assets 2024: $119,792,5552024

Highlighted filing

2016

Assets$218,732,777
Liabilities$143,351,743
Net Assets$75,381,034
Open 2016 Filing

Operations Trend

Revenue Growth49th percentile

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

$150M$100M$50M$0Revenue 2011: $77,971,092Expenses 2011: $77,971,092Net Income 2011: $02011Revenue 2012: $75,002,744Expenses 2012: $75,002,744Net Income 2012: $02012Revenue 2013: $82,762,636Expenses 2013: $82,762,636Net Income 2013: $02013Revenue 2014: $84,132,517Expenses 2014: $84,132,517Net Income 2014: $02014Revenue 2015: $88,209,039Expenses 2015: $88,209,039Net Income 2015: $02015Revenue 2016: $88,836,136Expenses 2016: $88,836,136Net Income 2016: $02016Revenue 2017: $90,838,721Expenses 2017: $90,838,721Net Income 2017: $02017Revenue 2018: $100,876,481Expenses 2018: $100,876,481Net Income 2018: $02018Revenue 2019: $100,355,216Expenses 2019: $100,355,216Net Income 2019: $02019Revenue 2020: $97,434,140Expenses 2020: $97,434,140Net Income 2020: $02020Revenue 2021: $101,861,632Expenses 2021: $101,861,632Net Income 2021: $02021Revenue 2022: $104,928,493Expenses 2022: $104,928,493Net Income 2022: $02022Revenue 2023: $105,727,856Expenses 2023: $105,727,856Net Income 2023: $02023Revenue 2024: $116,700,642Expenses 2024: $116,700,642Net Income 2024: $02024

Highlighted filing

2016

Revenue$88,836,136
Expenses$88,836,136
Net Income$0
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 30, 2017
Return Version
2016v3.0
Gross Receipts
$89,365,913
Mission and Program Overview

Mission

To provide the best possible electric service to all who desire it within the system area at a reasonable cost consistent with the highest standards of service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$175,827,753$182,203,958▲ $6,376,205
Rtn Earn Endowment Incm Other Fnds$70,269,594$75,381,034▲ $5,111,440
Investments Program Related$16,272,673$18,026,820▲ $1,754,147
Accounts Receivable$11,099,200$11,226,409▲ $127,209
Inventories for Sale or Use$4,341,185$4,080,183▼ $261,002
Other Notes and Loans Receivable, Net$1,531,950$1,518,173▼ $13,777
Prepaid Expenses and Deferred Charges$1,323,732$1,221,330▼ $102,402
Cash and Non-Interest-Bearing Accounts$373,263$452,185▲ $78,922
Total Assets$210,773,460$218,732,777▲ $7,959,317
Other Assets Total$3,704$3,719▲ $15
Liabilities
Mortgage Notes Payable Secured by Investment Property$120,354,470$118,937,465▼ $1,417,005
Accounts Payable and Accrued Expenses$17,115,857$17,716,169▲ $600,312
Other Liabilities$3,033,539$6,698,109▲ $3,664,570
Total Liabilities$140,503,866$143,351,743▲ $2,847,877
Net Assets / Fund Balance
Total Net Assets Fund Balance$70,269,594$75,381,034▲ $5,111,440
Total Liabilities and Net Assets / Fund Balance$210,773,460$218,732,777▲ $7,959,317

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$168,724,092$51,857,556$220,581,648
Buildings$9,085,550$4,063,407$13,148,957
Land$4,394,316-$4,394,316
Investment Program Related Org$249,975--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James E Mangum JrCEO & Gen. MFT$508,298$61,423$569,721
James E Mangum JrCEO & Gen. Mgr.-$427,980$141,741$569,721
Philip PriceCOO & Asst GFT$265,940$36,017$301,957
Philip PriceCOO & Asst Gen Mgr-$216,573$85,384$301,957
Don BowmanMgr of OperaFT$225,664$45,139$270,803
Don BowmanMgr of Operations-$186,268$84,535$270,803
Charles KellerMgr of CustFT$175,938$44,527$220,465
Charles KellerMgr of Cust Service-$165,438$55,027$220,465
Jordan W OverbeeMgr of OperaFT$123,686$52,795$176,481
Jordan W OverbeeMgr of Operation-$121,712$54,769$176,481
Cecil AlexanderMaintenanceFT$116,266$51,971$168,237
Cecil AlexanderMaintenance Superint-$114,056$54,181$168,237
Suzy MorganVice PresidePT$28,876-$28,876
Allen NelsonDirectorPT$26,092-$26,092
W Joseph Hilburn JrDirectorPT$25,164-$25,164
H Michael DickersonTreasurerPT$23,772-$23,772
Rodney PrivetteDirectorPT$22,130-$22,130
Robert Joe EddinsSecretary-$21,916-$21,916
Robert HillDirectorPT$21,666-$21,666
Reuben MatthewsPresident-$20,399-$20,399
J Howard ConyersDirector-$12,812-$12,812
Newman I BaileyDirector-$3,498-$3,498
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$88,868,372
Investment Income
$101,183
Other Revenue
$-133,419
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$88,836,136
Total Revenue per Audited Statements
$88,836,136
Total Revenue per Form 990
$88,836,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$76,247,118
Salaries, Compensation, and Employee Benefits$6,274,147
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$6,774,547--$6,774,547
Benefits to Members$6,314,871--$6,314,871
Interest$5,411,904--$5,411,904
Other Salaries and Wages$3,579,056--$3,579,056
Other Expenses$1,785,328--$1,785,328
All Other Expenses$1,415,307--$1,415,307
Other Employee Benefits$955,899--$955,899
Current Officers, Directors, Trustees, and Key Employees$776,046--$776,046
Pension Plan Contributions$635,656--$635,656
Payroll Taxes$327,490--$327,490
Total Functional Expenses$88,836,136$0$0$88,836,136

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$88,836,136
Expenses per Audited Statements$82,521,265
Total Expenses per Audited Statements$82,521,265
Expenses Not Reported on Financial Statements$6,314,871
Other Expense Adjustments$6,314,871
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
Other Deferred Credits$4,040,464
Consumer Deposits$1,652,538
Unclaimed Capital Credits$831,391
Accum Prov for Pension & Benefits$159,177
Accrued Interest Payable$14,539
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, Page 6, Part VI, Line 6

“The cooperative has members as provided for in its bylaws which are included as a part of this return.”

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

“The cooperative has members who elect members of the governing body as provided for in its bylaws which are included as a part of this return.”

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

“Certain decisions of the governing body are subject to approval by members as provided for in its bylaws which are included as a part of this return.”

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

“Form 990 is reviewed by the board with all supporting documentation made available to them.”

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

“The cooperative regularly and consistently monitors and enforces compliance with their conflict of interest policy as provided for in its policy which is included as a part of this return.”

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

“Compensation for the ceo is reviewed and approved through the use of a performance review conducted by the member-elected board.”

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

“Compensation for other key employees is reviewed and approved through the use of a performance review conducted by the ceo.”

Form 990, Page 6, Part VI, Line 19

“The cooperative makes its bylaws, conflict of interest policy, and financial statements available to the public as part of its form 990. The form 990 is available upon request as reflected in part vi section c line 18.”

Filing and Contact Details

Filer

Filer Name
Wake Electric Membership
EIN
56-0440935
Phone
9198636300
Address
PO BOX 1229, WAKE FOREST, NC 27588

Signing Officer

Name
James E Mangum Jr
Title
CEO & Gen. Mgr.
Phone
9198636300
Signed
2017-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James E Mangum Jr
Formed
1940
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
43

Preparer

Firm
Mcnair Mclemore Middlebrooks & Co LLC
Address
POST OFFICE BOX ONE, MACON, GA 31202-0001
Preparer
Bryan a Isgett
Phone
4787466277
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Patronage capital credits 6,314,871 capital credit retirements -1,211,151 membership fees 7,720 total 5,111,440”

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 4B

“Patronage capital credits 6,314,871”

Raw XML AppendixShowing 400 of 564 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt10CEO & GEN. M
IRS990/Form990PartVIISectionAGrp/TitleTxt11COO & ASST G
IRS990/Form990PartVIISectionAGrp/TitleTxt12MGR OF OPERA
IRS990/Form990PartVIISectionAGrp/TitleTxt13MGR OF CUST
IRS990/Form990PartVIISectionAGrp/TitleTxt14MGR OF OPERA
IRS990/Form990PartVIISectionAGrp/TitleTxt15MAINTENANCE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01940
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt075648
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0129916
IRS990/GrossReceiptsAmt089365913
IRS990/GrossRentsGrp/RealAmt0358512
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt012
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt05411904
IRS990/InterestGrp/TotalAmt05411904
IRS990/InventoriesForSaleOrUseGrp/BOYAmt04341185
IRS990/InventoriesForSaleOrUseGrp/EOYAmt04080183
IRS990/InvestmentIncomeGrp/ExclusionAmt025535
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt025535
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt016272673
IRS990/InvestmentsProgramRelatedGrp/EOYAmt018026820
IRS990/IRPDocumentCnt073
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt055920963
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0175827753
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0182203958
IRS990/LandBldgEquipCostOrOtherBssAmt0238124921
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt054268
IRS990/LessRentalExpensesGrp/RealAmt0475509
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt086156005
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0120354470
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0118937465
IRS990/NetAssetsOrFundBalancesBOYAmt070269594
IRS990/NetAssetsOrFundBalancesEOYAmt075381034
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt075648
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt075648
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-116997
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-116997
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03704
IRS990/OtherAssetsTotalGrp/EOYAmt03719
IRS990/OtherChangesInNetAssetsAmt05111440
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0955899
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0955899
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1CONSUMER ACCOUNTS
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION MAINTENANCE
IRS990/OtherExpensesGrp/Desc3FRANCHISE TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt055625038
IRS990/OtherExpensesGrp/ProgramServicesAmt12986820
IRS990/OtherExpensesGrp/ProgramServicesAmt22248174
IRS990/OtherExpensesGrp/ProgramServicesAmt31785328
IRS990/OtherExpensesGrp/TotalAmt055625038
IRS990/OtherExpensesGrp/TotalAmt12986820
IRS990/OtherExpensesGrp/TotalAmt22248174
IRS990/OtherExpensesGrp/TotalAmt31785328
IRS990/OtherLiabilitiesGrp/BOYAmt03033539
IRS990/OtherLiabilitiesGrp/EOYAmt06698109
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/Desc0SUBSIDIARY INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0-16422
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-16422
IRS990/OtherRevenueTotalAmt0-16422
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03579056
IRS990/OtherSalariesAndWagesGrp/TotalAmt03579056
IRS990/OtherSourcesGrossIncomeAmt0996350
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01531950
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01518173
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0327490
IRS990/PayrollTaxesGrp/TotalAmt0327490
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0635656
IRS990/PensionPlanContributionsGrp/TotalAmt0635656
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01323732
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01221330
IRS990/PrincipalOfficerNm0JAMES E MANGUM JR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/Desc0ELEC. SALES AND SERVICE
IRS990/ProgramServiceRevenueGrp/Desc1CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/Desc2POLE RENTAL
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0170281
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt086156005
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12542086
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt086156005
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12542086
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2170281
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt06872451
IRS990/PYInvestmentIncomeAmt022366
IRS990/PYOtherExpensesAmt080600340
IRS990/PYOtherRevenueAmt0-37702
IRS990/PYProgramServiceRevenueAmt088224375
IRS990/PYSalariesCompEmpBnftPaidAmt0736248
IRS990/PYTotalExpensesAmt088209039
IRS990/PYTotalRevenueAmt088209039
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RentalIncomeOrLossGrp/RealAmt0-116997
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt070269594
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt075381034
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt09085550
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04063407
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013148957
IRS990ScheduleD/EquipmentGrp/BookValueAmt0168724092
IRS990ScheduleD/EquipmentGrp/DepreciationAmt051857556
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0220581648
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt06314871
IRS990ScheduleD/ExpensesSubtotalAmt082521265
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt09510925
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12594038
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt21788772
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt31696897
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt41335436
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5594728
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt6256049
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt7249975
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PATRONAGE CAPITAL NCEMC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1PATRONAGE CAPITAL CFC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2OTHER INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3NRUCFC CTC'S
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4PATRONAGE CAPITAL TEMA
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5PATRONAGE CAPITAL NRTC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6PATRONAGE CAPITAL FEDERATED
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7PATRONAGE CAPITAL NISC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd6C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd7C
IRS990ScheduleD/LandGrp/BookValueAmt04394316
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04394316
IRS990ScheduleD/OtherExpensesNotIncludedAmt06314871
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04040464
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11652538
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2831391
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3159177
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt414539
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER DEFERRED CREDITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CONSUMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2UNCLAIMED CAPITAL CREDITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCUM PROV FOR PENSION & BENEFITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4ACCRUED INTEREST PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt088836136
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PATRONAGE CAPITAL CREDITS 6,314,871
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0182203958
IRS990ScheduleD/TotalBookValueProgramRltdAmt018026820
IRS990ScheduleD/TotalExpensesPerForm990Amt088836136
IRS990ScheduleD/TotalLiabilityAmt06698109
IRS990ScheduleD/TotalRevenuePerForm990Amt088836136
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt088836136
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt082521265
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0427980
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1216573
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2186268
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3165438
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4121712
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5114056
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount046057
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount146666
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount239047
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount36771
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount41892
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount51919
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt038107
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt123015
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt220536
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt339965
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt429806
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt528194
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt023316

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$218,732,777
Liabilities
$143,351,743
Net assets
$75,381,034
Revenue
$88,836,136
Expenses
$88,836,136
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$335$216$120$117$117$0.00
2023Detailed filing. Detailed filing data is available for this year.$315$200$116$106$106$0.00
2022Detailed filing. Detailed filing data is available for this year.$298$183$115$105$105$0.00
2021Detailed filing. Detailed filing data is available for this year.$280$168$112$102$102$0.00
2020Detailed filing. Detailed filing data is available for this year.$260$155$106$97.4$97.4$0.00
2019Detailed filing. Detailed filing data is available for this year.$246$145$101$100$100$0.00
2018Detailed filing. Detailed filing data is available for this year.$236$143$93.6$101$101$0.00
2017Detailed filing. Detailed filing data is available for this year.$228$145$82.9$90.8$90.8$0.00
2016Detailed filing. Detailed filing data is available for this year.$219$143$75.4$88.8$88.8$0.00
2015Summary only. Only limited summary data is available for this year.$211$141$70.3$88.2$88.2$0.00
2014Summary only. Only limited summary data is available for this year.$203$139$64.5$84.1$84.1$0.00
2013Summary only. Only limited summary data is available for this year.$196$136$60.5$82.8$82.8$0.00
2012Summary only. Only limited summary data is available for this year.$187$131$56.6$75.0$75.0$0.00
2011Summary only. Only limited summary data is available for this year.$178$124$53.9$78.0$78.0$0.00