Civic Intelligence

Wake Electric Membership Corp

990 • Fiscal year 2023 • EIN 56-0440935

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 04, 2024

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

57th percentile

0.63x

Higher debt load relative to assets than 57% of similar nonprofits.

2023 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2023

Liabilities / Revenue

71st percentile

1.89x

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

2023 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2023

Net Margin

52nd percentile

0.0%

Higher net margin than 52% of similar nonprofits.

2023 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2023

Top Officer Pay

95th percentile

$1,004,659

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2023 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2023

Asset Growth

48th percentile

5.7%

Faster asset growth than 48% of similar nonprofits.

2023 filings • 501(c)12 • $250M-$1B nonprofits • Annualized from 2022 to 2023

Revenue Growth

42nd percentile

0.8%

Faster revenue growth than 42% of similar nonprofits.

2023 filings • 501(c)12 • $250M-$1B nonprofits • Annualized from 2022 to 2023

Assets

Up

$315,412,174

Up $17,009,989 (+5.7%) from 2022

Net Assets

Up

$115,650,493

Up $164,903 (+0.1%) from 2022

Liabilities

Up

$199,761,681

Up $16,845,086 (+9.2%) from 2022

Revenue

Up

$105,727,856

Up $799,363 (+0.8%) from 2022

Expenses

Up

$105,727,856

Up $799,363 (+0.8%) from 2022

Net Income

Flat

$0

Flat from 2022

Historical Trend

Balance Sheet Trend

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

2023

Assets$315,412,174
Liabilities$199,761,681
Net Assets$115,650,493

Operations Trend

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

2023

Revenue$105,727,856
Expenses$105,727,856
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 4, 2024
Return Version
2023v5.0
Gross Receipts
$106,161,454
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.

Wake electric provides reliable, safe, and affordable energy and related services. Wake electric operates as a cooperative business and continually improves its services to meet the needs of our members and enhance their quality of life. Wake electric operates a sustainable electric system. Sustainable means delivering affordable, increasingly clean electricity over a grid that is more efficient, resilient and capable of supporting new energy resources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$245,443,623$259,549,937▲ $14,106,314
Rtn Earn Endowment Incm Other Fnds$115,485,590$115,650,493▲ $164,903
Investments Program Related$28,716,045$31,124,120▲ $2,408,075
Accounts Receivable$13,434,452$13,107,715▼ $326,737
Inventories for Sale or Use$6,820,080$7,053,904▲ $233,824
Other Notes and Loans Receivable, Net$2,906,616$2,394,479▼ $512,137
Prepaid Expenses and Deferred Charges$424,518$916,044▲ $491,526
Cash and Non-Interest-Bearing Accounts$653,179$861,568▲ $208,389
Savings and Temporary Cash Investments-$400,735-
Total Assets$298,402,185$315,412,174▲ $17,009,989
Other Assets Total$3,672$3,672→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$158,598,467$182,294,389▲ $23,695,922
Accounts Payable and Accrued Expenses$20,289,455$14,298,285▼ $5,991,170
Other Liabilities$4,028,673$3,169,007▼ $859,666
Total Liabilities$182,916,595$199,761,681▲ $16,845,086
Net Assets / Fund Balance
Total Net Assets Fund Balance$115,485,590$115,650,493▲ $164,903
Total Liabilities and Net Assets / Fund Balance$298,402,185$315,412,174▲ $17,009,989

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$234,451,140$89,714,300$324,165,440
Buildings$19,959,571$4,970,909$24,930,480
Land$5,139,226-$5,139,226
Investment Program Related Org$329,246--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James E Mangum JrCEO & Gen. MFT$932,813$71,846$1,004,659
James E Mangum JrCEO & Gen. Mgr.-$623,946$380,713$1,004,659
Don BowmanManager of OFT$397,804$63,720$461,524
Don BowmanManager of Operation-$307,268$154,256$461,524
Cynthia M CurrinGeneral CounFT$392,739$34,801$427,540
Cynthia M CurrinGeneral Counsel-$298,139$129,401$427,540
Christopher D WrightMgr of EnginFT$199,802$47,861$247,663
Christopher D WrightMgr of Engineering-$169,606$78,057$247,663
Kirk MetcalfVP of MarketFT$193,893$47,204$241,097
Kirk MetcalfVP of Marketing/comm-$150,347$90,750$241,097
Steve BallardMgr of CyberFT$174,513$28,838$203,351
Steve BallardMgr of Cybersecurity-$143,971$59,380$203,351
H Michael DickersonVice PresidePT$37,100-$37,100
Suzy MorganPresidentPT$35,701-$35,701
Allen NelsonDirectorPT$34,271-$34,271
Robert HillTreasurerPT$28,992-$28,992
Greg FullerSecretaryPT$28,192-$28,192
William Daniel KeelDirectorPT$27,792-$27,792
W Joseph Hilburn JrDirectorPT$26,241-$26,241
Robert Joe EddinsDirectorPT$25,392-$25,392
Jackie ThompsonDirector-$6,048-$6,048

Highest Paid Contractors

ContractorServicesLocationCompensation
Townsend Tree Service Co LLCRow ServicesPO BOX 7015, Muncie, IN 47308$1,596,519
C-phase Services LLCOh Line ConstPO BOX 3210, Kinston, NC 28502-3210$458,104
Integrated Facility ServicesPole InspectionPO BOX 385, Roanoke Rapids, NC 27870$192,415
Itsavvy LLCLicense SupportPO BOX 3296, Glen Ellyn, IL 60138$118,663
Source North AmericaFuel Tank Sys6617-A FLEETWOOD DRIVE, Raleigh, NC 27612-1838$118,102
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$104,509,498
Investment Income
$1,244,486
Other Revenue
$-26,128
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$105,727,856
Total Revenue per Audited Statements
$105,727,856
Total Revenue per Form 990
$105,727,856
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$93,009,198
Salaries, Compensation, and Employee Benefits$10,396,231
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$9,493,604--$9,493,604
Interest$6,428,698--$6,428,698
Other Salaries and Wages$5,322,947--$5,322,947
Other Expenses$2,781,561--$2,781,561
Other Employee Benefits$2,454,726--$2,454,726
Benefits to Members$2,322,427--$2,322,427
Current Officers, Directors, Trustees, and Key Employees$1,254,388--$1,254,388
Pension Plan Contributions$920,444--$920,444
Payroll Taxes$443,726--$443,726
All Other Expenses$-266,717--$-266,717
Total Functional Expenses$105,727,856$0$0$105,727,856

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$105,727,856
Expenses per Audited Statements$103,405,429
Total Expenses per Audited Statements$103,405,429
Expenses Not Reported on Financial Statements$2,322,427
Other Expense Adjustments$2,322,427
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
Unclaimed Capital Credits$1,679,745
Consumer Deposits$1,485,442
Accrued Interest Payable$3,820
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
2024-09-04
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
56

Preparer

Firm
Mcnair Mclemore Middlebrooks & Co LLC
Address
POST OFFICE BOX ONE, MACON, GA 31202-0001
Preparer
Jacob R Morris
Phone
4787466277
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Wake electric provides reliable, safe, and affordable energy and related services. Wake electric operates as a cooperative business and continually improves its services to meet the needs of our members and enhance their quality of life. Wake electric operates a sustainable electric system. Sustainable means delivering affordable, increasingly clean electricity over a grid that is more efficient, resilient and capable of supporting new energy resources.

Form 990, Part XI, Line 9

Patronage capital credits 2,322,427 membership fees 8,870 capital credit retirements -2,166,394 total 164,903

Financial Statement Notes

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

Patronage capital credits 2,322,427

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt971846
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1063720
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1134801
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1247861
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1347204
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1428838
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IRS990/Form990PartVIISectionAGrp/PersonNm6W JOSEPH HILBURN JR
IRS990/Form990PartVIISectionAGrp/PersonNm7ALLEN NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm8WILLIAM DANIEL KEEL
IRS990/Form990PartVIISectionAGrp/PersonNm9JAMES E MANGUM JR
IRS990/Form990PartVIISectionAGrp/PersonNm10DON BOWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm11CYNTHIA M CURRIN
IRS990/Form990PartVIISectionAGrp/PersonNm12CHRISTOPHER D WRIGHT
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt137100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt228992
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO & GEN. M
IRS990/Form990PartVIISectionAGrp/TitleTxt10MANAGER OF O
IRS990/Form990PartVIISectionAGrp/TitleTxt11GENERAL COUN
IRS990/Form990PartVIISectionAGrp/TitleTxt12MGR OF ENGIN
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP OF MARKET
IRS990/Form990PartVIISectionAGrp/TitleTxt14MGR OF CYBER
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IRS990/FormationYr01940
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IRS990/FSAuditedInd0true
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IRS990/InterestGrp/TotalAmt06428698
IRS990/InventoriesForSaleOrUseGrp/BOYAmt06820080
IRS990/InventoriesForSaleOrUseGrp/EOYAmt07053904
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01244486
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IRS990/InvestmentsProgramRelatedGrp/BOYAmt028716045
IRS990/InvestmentsProgramRelatedGrp/EOYAmt031124120
IRS990/IRPDocumentCnt096
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0259549937
IRS990/LandBldgEquipCostOrOtherBssAmt0354235146
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IRS990/MembersAndShrGrossIncomeAmt0100911652
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0WAKE ELECTRIC PROVIDES RELIABLE, SAFE, AND AFFORDABLE ENERGY AND RELATED SERVICES. WAKE ELECTRIC OPERATES AS A COOPERATIVE BUSINESS AND CONTINUALLY IMPROVES ITS SERVICES TO MEET THE NEEDS OF OUR MEMBERS AND ENHANCE THEIR QUALITY OF LIFE. WAKE ELECTRIC OPERATES A SUSTAINABLE ELECTRIC SYSTEM. SUSTAINABLE MEANS DELIVERING AFFORDABLE, INCREASINGLY CLEAN ELECTRICITY OVER A GRID THAT IS MORE EFFICIENT, RESILIENT AND CAPABLE OF SUPPORTING NEW ENERGY RESOURCES.
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IRS990/NetAssetsOrFundBalancesBOYAmt0115485590
IRS990/NetAssetsOrFundBalancesEOYAmt0115650493
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-15692
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-15692
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03672
IRS990/OtherAssetsTotalGrp/EOYAmt03672
IRS990/OtherChangesInNetAssetsAmt0164903
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02454726
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02454726
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1CONSUMER ACCOUNTS
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION MAINTENANCE
IRS990/OtherExpensesGrp/Desc3ADMIN. & GENERAL EXP.
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IRS990/OtherExpensesGrp/ProgramServicesAmt23514833
IRS990/OtherExpensesGrp/ProgramServicesAmt32781561
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IRS990/OtherExpensesGrp/TotalAmt23514833
IRS990/OtherExpensesGrp/TotalAmt32781561
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IRS990/OtherLiabilitiesGrp/EOYAmt03169007
IRS990/OtherRevenueMiscGrp/Desc0GAIN ON SALE OF ASSETS
IRS990/OtherRevenueMiscGrp/Desc1SUBSIDIARY INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0-66711
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt056275
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt056275
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-66711
IRS990/OtherRevenueTotalAmt0-10436
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05322947
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IRS990/OtherSourcesGrossIncomeAmt01972415
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02906616
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02394479
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0443726
IRS990/PayrollTaxesGrp/TotalAmt0443726
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0920444
IRS990/PensionPlanContributionsGrp/TotalAmt0920444
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0424518
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0916044
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
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0100911652
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13447010
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13447010
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2150836
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IRS990/PYBenefitsPaidToMembersAmt05286180
IRS990/PYInvestmentIncomeAmt042005
IRS990/PYOtherExpensesAmt089841540
IRS990/PYOtherRevenueAmt0-45425
IRS990/PYProgramServiceRevenueAmt0104931913
IRS990/PYSalariesCompEmpBnftPaidAmt09800773
IRS990/PYTotalExpensesAmt0104928493
IRS990/PYTotalRevenueAmt0104928493
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RentalIncomeOrLossGrp/RealAmt0-15692
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0115485590
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0115650493
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0400735
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IRS990ScheduleD/BuildingsGrp/BookValueAmt019959571
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04970909
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt024930480
IRS990ScheduleD/EquipmentGrp/BookValueAmt0234451140
IRS990ScheduleD/EquipmentGrp/DepreciationAmt089714300
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0324165440
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt02322427
IRS990ScheduleD/ExpensesSubtotalAmt0103405429
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt022641067
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12751321
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt22582491
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt31126413
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt4697967
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5569765
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt6425850
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt7329246
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/BookValueAmt05139226

Document Assets

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Filings

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