Civic Intelligence

Lynches River Electric

990 • Fiscal year 2017 • EIN 57-0201923

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 05, 2018

Organization ProfileWWW.LYNCHESRIVER.COM

View Organization Page

PO Box 308Pageland, SC 29728

(843) 672-6111

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.64x

Higher debt load relative to assets than 82% of similar nonprofits.

2017 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

36th percentile

1.11x

Higher debt load relative to revenue than 36% of similar nonprofits.

2017 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2017

Net Margin

47th percentile

0.0%

Higher net margin than 47% of similar nonprofits.

2017 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

32nd percentile

$213,785

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2017 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2017

Asset Growth

13th percentile

-0.8%

Faster asset growth than 13% of similar nonprofits.

2017 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

10.0%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Down

$90,090,117

Down $714,023 (-0.8%) from 2016

Net Assets

Up

$32,554,237

Up $3,962,509 (+14%) from 2016

Liabilities

Down

$57,535,880

Down $4,676,532 (-7.5%) from 2016

Revenue And Expenses
Liabilities / Revenue36th percentileNet Margin47th percentile

Revenue

Up

$51,626,223

Up $4,681,534 (+10.0%) from 2016

Expenses

Up

$51,626,223

Up $4,681,534 (+10.0%) from 2016

Net Income

Flat

$0

Flat from 2016

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$150M$100M$50M$0Assets 2011: $88,665,098Liabilities 2011: $59,205,739Net Assets 2011: $29,459,3592011Assets 2012: $87,594,513Liabilities 2012: $60,872,546Net Assets 2012: $26,721,9672012Assets 2013: $91,112,797Liabilities 2013: $63,958,321Net Assets 2013: $27,154,4762013Assets 2014: $89,246,973Liabilities 2014: $60,789,811Net Assets 2014: $28,457,1622014Assets 2015: $90,541,578Liabilities 2015: $61,722,118Net Assets 2015: $28,819,4602015Assets 2016: $90,804,140Liabilities 2016: $62,212,412Net Assets 2016: $28,591,7282016Assets 2017: $90,090,117Liabilities 2017: $57,535,880Net Assets 2017: $32,554,2372017Assets 2018: $89,826,541Liabilities 2018: $56,557,102Net Assets 2018: $33,269,4392018Assets 2019: $94,304,215Liabilities 2019: $53,329,858Net Assets 2019: $40,974,3572019Assets 2020: $106,674,720Liabilities 2020: $63,417,936Net Assets 2020: $43,256,7842020Assets 2021: $119,665,355Liabilities 2021: $73,993,560Net Assets 2021: $45,671,7952021Assets 2022: $136,792,882Liabilities 2022: $88,926,742Net Assets 2022: $47,866,1402022Assets 2023: $143,539,014Liabilities 2023: $90,861,286Net Assets 2023: $52,677,7282023Assets 2024: $148,702,586Liabilities 2024: $91,108,285Net Assets 2024: $57,594,3012024

Highlighted filing

2017

Assets$90,090,117
Liabilities$57,535,880
Net Assets$32,554,237
Open 2017 Filing

Operations Trend

Revenue Growth91st percentile

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

$80M$60M$40M$20M$0-$20MRevenue 2011: $42,530,349Expenses 2011: $42,530,349Net Income 2011: $02011Revenue 2012: $40,720,563Expenses 2012: $41,023,142Net Income 2012: -$302,5792012Revenue 2013: $42,897,883Expenses 2013: $42,674,926Net Income 2013: $222,9572013Revenue 2014: $46,487,493Expenses 2014: $46,413,346Net Income 2014: $74,1472014Revenue 2015: $48,128,828Expenses 2015: $48,128,828Net Income 2015: $02015Revenue 2016: $46,944,689Expenses 2016: $46,944,689Net Income 2016: $02016Revenue 2017: $51,626,223Expenses 2017: $51,626,223Net Income 2017: $02017Revenue 2018: $53,598,921Expenses 2018: $53,598,921Net Income 2018: $02018Revenue 2019: $54,616,104Expenses 2019: $54,616,104Net Income 2019: $02019Revenue 2020: $53,245,164Expenses 2020: $53,786,702Net Income 2020: -$541,5382020Revenue 2021: $53,676,919Expenses 2021: $55,156,733Net Income 2021: -$1,479,8142021Revenue 2022: $59,003,883Expenses 2022: $59,725,393Net Income 2022: -$721,5102022Revenue 2023: $64,286,476Expenses 2023: $62,801,878Net Income 2023: $1,484,5982023Revenue 2024: $66,070,281Expenses 2024: $66,317,755Net Income 2024: -$247,4742024

Highlighted filing

2017

Revenue$51,626,223
Expenses$51,626,223
Net Income$0
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 5, 2018
Return Version
2017v2.3
Gross Receipts
$51,650,875
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$78,900,592$79,113,346▲ $212,754
Rtn Earn Endowment Incm Other Fnds$28,487,793$32,449,227▲ $3,961,434
Investments Program Related$4,074,700$4,151,053▲ $76,353
Accounts Receivable$3,052,795$2,983,353▼ $69,442
Prepaid Expenses and Deferred Charges$1,356,480$1,146,647▼ $209,833
Cash and Non-Interest-Bearing Accounts$390,229$629,731▲ $239,502
Inventories for Sale or Use$538,823$593,578▲ $54,755
Savings and Temporary Cash Investments$519,068$397,457▼ $121,611
Cap Stk Tr Prin Current Funds$103,935$105,010▲ $1,075
Other Notes and Loans Receivable, Net$996,429$80,661▼ $915,768
Total Assets$90,804,140$90,090,117▼ $714,023
Other Assets Total$975,024$994,291▲ $19,267
Liabilities
Mortgage Notes Payable Secured by Investment Property$48,596,751$46,654,250▼ $1,942,501
Other Liabilities$9,056,395$6,966,259▼ $2,090,136
Accounts Payable and Accrued Expenses$4,559,266$3,915,371▼ $643,895
Total Liabilities$62,212,412$57,535,880▼ $4,676,532
Net Assets / Fund Balance
Total Net Assets Fund Balance$28,591,728$32,554,237▲ $3,962,509
Total Liabilities and Net Assets / Fund Balance$90,804,140$90,090,117▼ $714,023

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$78,355,367$44,234,349$122,589,716
Land$757,979-$757,979
Compensation and Service Providers
Top Officer Pay32nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian W BroughtonCEOFT$156,775$57,010$213,785
Philip MonroeVP Engineer/FT$146,835$41,688$188,523
Philip MonroeVP Engineer/ops-$132,769$55,754$188,523
Eric L HortonTrusteePT$29,006-$29,006
Steve ChewningPresidentPT$25,468-$25,468
Harold F GardnerSecretary/trPT$24,168-$24,168
Charles M CrawfordTrustee-$22,568-$22,568
John T BlackwellTrustee-$14,700-$14,700
Theresa S HicksVice PresidePT$14,467-$14,467
Randolph MackeyTrusteePT$14,128-$14,128
Myrtle L FaileTrusteePT$12,878-$12,878
Mark BridgesTrusteePT$5,140-$5,140

Highest Paid Contractors

ContractorServicesLocationCompensation
Asplundh Tree Expert Company-PO BOX 532729, Atlanta, GA 30353$1,612,684
Naturchem INC-PO BOX 531625, Atlanta, GA 30353$200,589
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$51,443,610
Investment Income
$153,265
Other Revenue
$29,348
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$51,626,223
Total Revenue per Audited Statements
$51,626,223
Total Revenue per Form 990
$51,626,223
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,076,917
Salaries, Compensation, and Employee Benefits$376,309
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$3,388,815
All Other Expenses---$2,474,237
Other Expenses---$2,381,230
Benefits to Members---$2,172,997
Interest---$1,634,933
Current Officers, Directors, Trustees, and Key Employees---$376,309
Total Functional Expenses$0$0$0$51,626,223

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$51,626,223
Expenses per Audited Statements$49,453,226
Total Expenses per Audited Statements$49,453,226
Expenses Not Reported on Financial Statements$2,172,997
Other Expense Adjustments$2,172,997
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
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Total Exempt Function Spending$3,500

Section 527 Organizations

OrganizationLocationAmount
-Columbia, SC$3,500
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accum Prov for Pension & Benefits$2,823,575
Consumer Deposits$2,138,118
Deferred Credits$2,004,566
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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 an independent compensation consultant and a performance review conducted by the member-elected board.”

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

“Compensation for other key management positions is reviewed and approved through the use of a compensation survey.”

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
Lynches River Electric
EIN
57-0201923
Phone
8436726111
Address
PO BOX 308, PAGELAND, SC 29728

Signing Officer

Name
Brian W Broughton
Title
CEO
Phone
8436726111
Signed
2018-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian W Broughton
Formed
1939
Legal Domicile
Sc
Voting Board Members
9
Independent Board Members
9
Employees
57

Preparer

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

Additional Explanations

Form 990, Part XI, Line 9

“Memberships 1,075 patronage capital credits - assignable 2,172,997 accumulated oci 2,498,525 other equities 53,042 patronage capital retirements -763,130 total 3,962,509”

Financial Statement Notes

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

“Patronage capital credits 2,172,997”

Raw XML AppendixShowing 400 of 426 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/MembersAndShrGrossIncomeAmt051179625
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.
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IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt048596751
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt046654250
IRS990/NetAssetsOrFundBalancesBOYAmt028591728
IRS990/NetAssetsOrFundBalancesEOYAmt032554237
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt029348
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt029348
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0975024
IRS990/OtherAssetsTotalGrp/EOYAmt0994291
IRS990/OtherChangesInNetAssetsAmt03962509
IRS990/OtherExpensesGrp/Desc0PURCHASE POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION MAINTENANCE
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION OPERATIONS
IRS990/OtherExpensesGrp/Desc3ADMINISTRATIVE & GENERAL
IRS990/OtherExpensesGrp/TotalAmt032421556
IRS990/OtherExpensesGrp/TotalAmt13765185
IRS990/OtherExpensesGrp/TotalAmt23010961
IRS990/OtherExpensesGrp/TotalAmt32381230
IRS990/OtherLiabilitiesGrp/BOYAmt09056395
IRS990/OtherLiabilitiesGrp/EOYAmt06966259
IRS990/OtherSourcesGrossIncomeAmt0257135
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0996429
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt080661
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0true
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01356480
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01146647
IRS990/PrincipalOfficerNm0BRIAN W BROUGHTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/Desc2POLE RENTAL
IRS990/ProgramServiceRevenueGrp/ExclusionAmt053367
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt051179625
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1210618
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt051179625
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1210618
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt253367
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt02145770
IRS990/PYInvestmentIncomeAmt0124217
IRS990/PYOtherExpensesAmt044266810
IRS990/PYOtherRevenueAmt0-22050
IRS990/PYProgramServiceRevenueAmt046842522
IRS990/PYSalariesCompEmpBnftPaidAmt0532109
IRS990/PYTotalExpensesAmt046944689
IRS990/PYTotalRevenueAmt046944689
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt029348
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt028487793
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt032449227
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0519068
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0397457
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/Form1120POLFiledInd0true
IRS990ScheduleC/InternalFundsContributedAmt03500
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0MCMASTER FOR GOVERNOR
IRS990ScheduleC/Section527PoliticalOrgGrp/PaidInternalFundsAmt03500
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt0PO BOX 11063
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0COLUMBIA
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0SC
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd029211
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0POLITICAL CONTRIBUTIONS DETAILED IN PART I-C.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART I-A, LINE 1
IRS990ScheduleC/TotalExemptFunctionExpendAmt03500
IRS990ScheduleD/EquipmentGrp/BookValueAmt078355367
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044234349
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0122589716
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt02172997
IRS990ScheduleD/ExpensesSubtotalAmt049453226
IRS990ScheduleD/LandGrp/BookValueAmt0757979
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0757979
IRS990ScheduleD/OtherExpensesNotIncludedAmt02172997
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02823575
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12138118
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22004566
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCUM PROV FOR PENSION & BENEFITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CONSUMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED CREDITS
IRS990ScheduleD/RevenueSubtotalAmt051626223
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PATRONAGE CAPITAL CREDITS 2,172,997
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt079113346
IRS990ScheduleD/TotalExpensesPerForm990Amt051626223
IRS990ScheduleD/TotalLiabilityAmt06966259
IRS990ScheduleD/TotalRevenuePerForm990Amt051626223
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt051626223
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt049453226
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0156775
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1132769
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount014283
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount114066
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt021457
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt125066
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt021270
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt116622
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BRIAN W BROUGHTON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1PHILIP MONROE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VP ENGINEER/OPS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0213785
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1188523
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE BOARD WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED THROUGH THE USE OF AN INDEPENDENT COMPENSATION CONSULTANT AND A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION FOR OTHER KEY MANAGEMENT POSITIONS IS REVIEWED AND APPROVED THROUGH THE USE OF A COMPENSATION SURVEY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MEMBERSHIPS 1,075 PATRONAGE CAPITAL CREDITS - ASSIGNABLE 2,172,997 ACCUMULATED OCI 2,498,525 OTHER EQUITIES 53,042 PATRONAGE CAPITAL RETIREMENTS -763,130 TOTAL 3,962,509
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt090804140
IRS990/TotalAssetsEOYAmt090090117
IRS990/TotalAssetsGrp/BOYAmt090804140
IRS990/TotalAssetsGrp/EOYAmt090090117
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt057
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt051626223
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt062212412
IRS990/TotalLiabilitiesEOYAmt057535880
IRS990/TotalLiabilitiesGrp/BOYAmt062212412
IRS990/TotalLiabilitiesGrp/EOYAmt057535880
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt028591728
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt032554237
IRS990/TotalOtherCompensationAmt084415
IRS990/TotalProgramServiceRevenueAmt051443610
IRS990/TotalReportableCompFromOrgAmt0480416
IRS990/TotalRevenueGrp/ExclusionAmt0235980
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt051390243
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt051626223
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt090804140
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt090090117
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.LYNCHESRIVER.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN W BROUGHTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08436726111
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LYNCHES RIVER ELECTRIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COOPERATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0LYNC
ReturnHeader/Filer/EIN0570201923

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$90,090,117
Liabilities
$57,535,880
Net assets
$32,554,237
Revenue
$51,626,223
Expenses
$51,626,223
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$149$91.1$57.6$66.1$66.3$0.25
2023Detailed filing. Detailed filing data is available for this year.$144$90.9$52.7$64.3$62.8$1.48
2022Detailed filing. Detailed filing data is available for this year.$137$88.9$47.9$59.0$59.7$0.72
2021Detailed filing. Detailed filing data is available for this year.$120$74.0$45.7$53.7$55.2$1.48
2020Detailed filing. Detailed filing data is available for this year.$107$63.4$43.3$53.2$53.8$0.54
2019Detailed filing. Detailed filing data is available for this year.$94.3$53.3$41.0$54.6$54.6$0.00
2018Detailed filing. Detailed filing data is available for this year.$89.8$56.6$33.3$53.6$53.6$0.00
2017Detailed filing. Detailed filing data is available for this year.$90.1$57.5$32.6$51.6$51.6$0.00
2016Detailed filing. Detailed filing data is available for this year.$90.8$62.2$28.6$46.9$46.9$0.00
2015Summary only. Only limited summary data is available for this year.$90.5$61.7$28.8$48.1$48.1$0.00
2014Summary only. Only limited summary data is available for this year.$89.2$60.8$28.5$46.5$46.4$0.07
2013Summary only. Only limited summary data is available for this year.$91.1$64.0$27.2$42.9$42.7$0.22
2012Summary only. Only limited summary data is available for this year.$87.6$60.9$26.7$40.7$41.0$0.30
2011Summary only. Only limited summary data is available for this year.$88.7$59.2$29.5$42.5$42.5$0.00