Civic Intelligence

Wake Electric Membership Corp

990 • Fiscal year 2019 • EIN 56-0440935

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

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

65th percentile

0.59x

Higher debt load relative to assets than 65% of similar nonprofits.

2019 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2019

Liabilities / Revenue

56th percentile

1.44x

Higher debt load relative to revenue than 56% of similar nonprofits.

2019 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2019

Net Margin

52nd percentile

0.0%

Higher net margin than 52% of similar nonprofits.

2019 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2019

Top Officer Pay

99th percentile

$751,479

Higher top officer pay than 99% of similar nonprofits.

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

2019 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2019

Asset Growth

57th percentile

4.1%

Faster asset growth than 57% of similar nonprofits.

2019 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Revenue Growth

43rd percentile

-0.5%

Faster revenue growth than 43% of similar nonprofits.

2019 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$246,078,938

Up $9,649,416 (+4.1%) from 2018

Net Assets

Up

$101,197,235

Up $7,573,088 (+8.1%) from 2018

Liabilities

Up

$144,881,703

Up $2,076,328 (+1.5%) from 2018

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin52nd percentile

Revenue

Down

$100,355,216

Down $521,265 (-0.5%) from 2018

Expenses

Down

$100,355,216

Down $521,265 (-0.5%) from 2018

Net Income

Flat

$0

Flat from 2018

Historical Trend

Balance Sheet Trend

Asset Growth57th 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

2019

Assets$246,078,938
Liabilities$144,881,703
Net Assets$101,197,235
Open 2019 Filing

Operations Trend

Revenue Growth43rd 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

2019

Revenue$100,355,216
Expenses$100,355,216
Net Income$0
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 1, 2020
Return Version
2019v5.0
Gross Receipts
$100,680,691
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$196,446,664$204,088,426▲ $7,641,762
Rtn Earn Endowment Incm Other Fnds$93,624,147$101,197,235▲ $7,573,088
Investments Program Related$21,295,323$23,386,142▲ $2,090,819
Accounts Receivable$11,697,367$11,470,795▼ $226,572
Inventories for Sale or Use$3,394,288$3,709,978▲ $315,690
Other Notes and Loans Receivable, Net$2,171,375$2,145,801▼ $25,574
Prepaid Expenses and Deferred Charges$917,876$838,599▼ $79,277
Cash and Non-Interest-Bearing Accounts$501,134$435,473▼ $65,661
Total Assets$236,429,522$246,078,938▲ $9,649,416
Other Assets Total$5,495$3,724▼ $1,771
Liabilities
Mortgage Notes Payable Secured by Investment Property$115,196,954$116,092,512▲ $895,558
Accounts Payable and Accrued Expenses$16,086,567$20,075,441▲ $3,988,874
Other Liabilities$11,521,854$8,713,750▼ $2,808,104
Total Liabilities$142,805,375$144,881,703▲ $2,076,328
Net Assets / Fund Balance
Total Net Assets Fund Balance$93,624,147$101,197,235▲ $7,573,088
Total Liabilities and Net Assets / Fund Balance$236,429,522$246,078,938▲ $9,649,416

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$191,155,123$67,344,681$258,499,804
Buildings$8,321,784$5,177,174$13,498,958
Land$4,611,519-$4,611,519
Investment Program Related Org$309,126--
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James E Mangum JrCEO & Gen. MFT$683,035$68,444$751,479
James E Mangum JrCEO & Gen. Mgr.-$505,616$245,863$751,479
Don BowmanMgr of OperaFT$265,075$54,099$319,174
Don BowmanMgr of Operations-$216,926$102,248$319,174
Cynthia M CurrinGeneral CounFT$275,593$28,425$304,018
Cynthia M CurrinGeneral Counsel-$220,786$83,232$304,018
Christopher D WrightMgr of EnginFT$159,411$38,558$197,969
Christopher D WrightMgr of Engineering-$131,780$66,189$197,969
Philip PriceCOO & Asst GFT$182,119$4,911$187,030
Philip PriceCOO & Asst Gen Mgr-$25,348$161,682$187,030
Charles KellerMgr of CustFT$150,651$8,090$158,741
Charles KellerMgr of Cust Service-$20,455$138,286$158,741
H Michael DickersonVice PresidePT$30,446-$30,446
Greg FullerDirectorPT$29,333-$29,333
Suzy MorganPresidentPT$28,551-$28,551
Rodney PrivetteDirectorPT$27,962-$27,962
W Joseph Hilburn JrDirectorPT$27,630-$27,630
Allen NelsonDirectorPT$27,424-$27,424
Robert HillTreasurerPT$26,121-$26,121
Reuben MatthewsDirector-$25,927-$25,927
Robert Joe EddinsSecretaryPT$22,200-$22,200
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$100,183,023
Investment Income
$155,823
Other Revenue
$16,370
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$100,355,216
Total Revenue per Audited Statements
$100,355,216
Total Revenue per Form 990
$100,355,216
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$81,969,053
Salaries, Compensation, and Employee Benefits$8,872,827
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$9,513,336--$9,513,336
Depreciation Depletion$7,625,856--$7,625,856
Interest$4,826,128--$4,826,128
Other Salaries and Wages$4,583,660--$4,583,660
Other Employee Benefits$2,273,512--$2,273,512
Other Expenses$1,486,138--$1,486,138
Current Officers, Directors, Trustees, and Key Employees$997,073--$997,073
Pension Plan Contributions$677,746--$677,746
Payroll Taxes$340,836--$340,836
All Other Expenses$-48,284--$-48,284
Total Functional Expenses$100,355,216$0$0$100,355,216

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$100,355,216
Expenses per Audited Statements$90,841,880
Total Expenses per Audited Statements$90,841,880
Expenses Not Reported on Financial Statements$9,513,336
Other Expense Adjustments$9,513,336
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$5,586,713
Consumer Deposits$1,791,134
Unclaimed Capital Credits$1,190,441
Accum Prov for Pension & Benefits$134,516
Accrued Interest Payable$10,946
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

“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
2020-10-01
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
53

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 9,513,336 capital credit retirements -1,947,723 membership fees 7,475 total 7,573,088”

Financial Statement Notes

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

“Patronage capital credits 9,513,336”

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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/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0100680691
IRS990/GrossRentsGrp/RealAmt0363643
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt016
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt04826128
IRS990/InterestGrp/TotalAmt04826128
IRS990/InventoriesForSaleOrUseGrp/BOYAmt03394288
IRS990/InventoriesForSaleOrUseGrp/EOYAmt03709978
IRS990/InvestmentIncomeGrp/ExclusionAmt0155823
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0155823
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt021295323
IRS990/InvestmentsProgramRelatedGrp/EOYAmt023386142
IRS990/IRPDocumentCnt094
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt072521855
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0196446664
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0204088426
IRS990/LandBldgEquipCostOrOtherBssAmt0276610281
IRS990/LegalDomicileStateCd0NC
IRS990/LessRentalExpensesGrp/RealAmt0325475
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt096990759
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/BOYAmt0115196954
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0116092512
IRS990/NetAssetsOrFundBalancesBOYAmt093624147
IRS990/NetAssetsOrFundBalancesEOYAmt0101197235
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt038168
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt038168
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05495
IRS990/OtherAssetsTotalGrp/EOYAmt03724
IRS990/OtherChangesInNetAssetsAmt07573088
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02273512
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02273512
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1CONSUMER ACCOUNTS
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION MAINTENANCE
IRS990/OtherExpensesGrp/Desc3FRANCHISE TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt062760737
IRS990/OtherExpensesGrp/ProgramServicesAmt13091256
IRS990/OtherExpensesGrp/ProgramServicesAmt22227222
IRS990/OtherExpensesGrp/ProgramServicesAmt31486138
IRS990/OtherExpensesGrp/TotalAmt062760737
IRS990/OtherExpensesGrp/TotalAmt13091256
IRS990/OtherExpensesGrp/TotalAmt22227222
IRS990/OtherExpensesGrp/TotalAmt31486138
IRS990/OtherLiabilitiesGrp/BOYAmt011521854
IRS990/OtherLiabilitiesGrp/EOYAmt08713750
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/Desc0SUBSIDIARY INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0-21798
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-21798
IRS990/OtherRevenueTotalAmt0-21798
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04583660
IRS990/OtherSalariesAndWagesGrp/TotalAmt04583660
IRS990/OtherSourcesGrossIncomeAmt01126101
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02171375
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02145801
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0340836
IRS990/PayrollTaxesGrp/TotalAmt0340836
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0677746
IRS990/PensionPlanContributionsGrp/TotalAmt0677746
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0917876
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0838599
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/ExclusionAmt0237831
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt096990759
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12954433
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt096990759
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12954433
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2237831
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt011941724
IRS990/PYInvestmentIncomeAmt022195
IRS990/PYOtherExpensesAmt080291436
IRS990/PYOtherRevenueAmt0127920
IRS990/PYProgramServiceRevenueAmt0100726366
IRS990/PYSalariesCompEmpBnftPaidAmt08643321
IRS990/PYTotalExpensesAmt0100876481
IRS990/PYTotalRevenueAmt0100876481
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt038168
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt093624147
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0101197235
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt08321784
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05177174
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt013498958
IRS990ScheduleD/EquipmentGrp/BookValueAmt0191155123
IRS990ScheduleD/EquipmentGrp/DepreciationAmt067344681
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0258499804
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt09513336
IRS990ScheduleD/ExpensesSubtotalAmt090841880
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt014510924
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12857376
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt21736389
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt31717973
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt41324771
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5602248
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt6327335
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt7309126
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PATRONAGE CAPITAL NCEMC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1PATRONAGE CAPITAL CFC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2PATRONAGE CAPITAL TEMA
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3OTHER INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4NRUCFC CTC'S
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/BookValueAmt04611519
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04611519
IRS990ScheduleD/OtherExpensesNotIncludedAmt09513336
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05586713
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11791134
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21190441
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3134516
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt410946
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/RevenueSubtotalAmt0100355216
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PATRONAGE CAPITAL CREDITS 9,513,336
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0204088426
IRS990ScheduleD/TotalBookValueProgramRltdAmt023386142
IRS990ScheduleD/TotalExpensesPerForm990Amt0100355216
IRS990ScheduleD/TotalLiabilityAmt08713750
IRS990ScheduleD/TotalRevenuePerForm990Amt0100355216
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0100355216
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt090841880
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0505616
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt125348
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2216926
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt320455
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4220786
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5131780
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount0119283
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount13807
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount247443
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount3462
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount451743
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount527390
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt033428
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt044602
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt12404
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt225378
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt37232
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt424601
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt511448
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt023842
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt12507
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt228721
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt3858
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt43824
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt527110
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt058136
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt1152964
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt2706
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt3129734

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$246,078,938
Liabilities
$144,881,703
Net assets
$101,197,235
Revenue
$100,355,216
Expenses
$100,355,216
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