Civic Intelligence

Jackson Electric Membership Corporation

990 • Fiscal year 2019 • EIN 58-0301471

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

Organization ProfileWWW.JACKSONEMC.COM

View Organization Page

PO Box 38Jefferson, GA 30549-0038

(706) 367-5281

Siviq Scores

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

Liabilities / Assets

64th percentile

0.54x

Higher debt load relative to assets than 64% of similar nonprofits.

2019 filings • $1B+ nonprofits • Source year 2019

Liabilities / Revenue

59th percentile

1.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2019 filings • $1B+ nonprofits • Source year 2019

Net Margin

17th percentile

0.0%

Higher net margin than 17% of similar nonprofits.

2019 filings • $1B+ nonprofits • Source year 2019

Top Officer Pay

25th percentile

$735,412

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2019 filings • $1B+ nonprofits • Source year 2019

Asset Growth

32nd percentile

3.6%

Faster asset growth than 32% of similar nonprofits.

2019 filings • $1B+ nonprofits • Annualized from 2018 to 2019

Revenue Growth

37th percentile

4.2%

Faster revenue growth than 37% of similar nonprofits.

2019 filings • $1B+ nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$1,129,645,634

Up $39,457,632 (+3.6%) from 2018

Net Assets

Up

$519,926,474

Up $50,263,339 (+11%) from 2018

Liabilities

Down

$609,719,160

Down $10,805,707 (-1.7%) from 2018

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin17th percentile

Revenue

Up

$612,612,090

Up $24,413,739 (+4.2%) from 2018

Expenses

Up

$612,612,090

Up $24,413,739 (+4.2%) from 2018

Net Income

Flat

$0

Flat from 2018

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$1.5B$1.0B$500M$0Assets 2010: $790,117,279Liabilities 2010: $498,076,699Net Assets 2010: $292,040,5802010Assets 2011: $832,806,637Liabilities 2011: $518,145,441Net Assets 2011: $314,661,1962011Assets 2012: $830,200,360Liabilities 2012: $499,734,570Net Assets 2012: $330,465,7902012Assets 2013: $872,514,175Liabilities 2013: $527,087,720Net Assets 2013: $345,426,4552013Assets 2014: $894,395,376Liabilities 2014: $529,905,530Net Assets 2014: $364,489,8462014Assets 2015: $956,630,878Liabilities 2015: $570,617,692Net Assets 2015: $386,013,1862015Assets 2016: $991,239,852Liabilities 2016: $576,134,342Net Assets 2016: $415,105,5102016Assets 2017: $1,032,413,919Liabilities 2017: $587,217,247Net Assets 2017: $445,196,6722017Assets 2018: $1,090,188,002Liabilities 2018: $620,524,867Net Assets 2018: $469,663,1352018Assets 2019: $1,129,645,634Liabilities 2019: $609,719,160Net Assets 2019: $519,926,4742019Assets 2020: $1,180,710,221Liabilities 2020: $636,225,208Net Assets 2020: $544,485,0132020Assets 2021: $1,224,303,203Liabilities 2021: $662,144,892Net Assets 2021: $562,158,3112021Assets 2022: $1,306,228,327Liabilities 2022: $720,377,713Net Assets 2022: $585,850,6142022Assets 2023: $1,372,521,376Liabilities 2023: $751,838,743Net Assets 2023: $620,682,6332023Assets 2024: $1,478,512,220Liabilities 2024: $821,915,776Net Assets 2024: $656,596,4442024

Highlighted filing

2019

Assets$1,129,645,634
Liabilities$609,719,160
Net Assets$519,926,474
Open 2019 Filing

Operations Trend

Revenue Growth37th percentile

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

$800M$600M$400M$200M$0Expenses 2010: $443,251,4122010Expenses 2011: $467,007,5502011Expenses 2012: $465,036,3372012Revenue 2013: $472,013,311Expenses 2013: $472,013,311Net Income 2013: $02013Revenue 2014: $527,699,577Expenses 2014: $527,699,577Net Income 2014: $02014Revenue 2015: $541,487,777Expenses 2015: $541,487,777Net Income 2015: $02015Revenue 2016: $550,492,161Expenses 2016: $550,492,161Net Income 2016: $02016Revenue 2017: $548,251,493Expenses 2017: $548,251,493Net Income 2017: $02017Revenue 2018: $588,198,351Expenses 2018: $588,198,351Net Income 2018: $02018Revenue 2019: $612,612,090Expenses 2019: $612,612,090Net Income 2019: $02019Revenue 2020: $614,807,083Expenses 2020: $614,807,083Net Income 2020: $02020Revenue 2021: $616,720,445Expenses 2021: $616,720,445Net Income 2021: $02021Revenue 2022: $690,430,146Expenses 2022: $690,430,146Net Income 2022: $02022Revenue 2023: $643,216,865Expenses 2023: $643,216,865Net Income 2023: $02023Revenue 2024: $685,551,827Expenses 2024: $685,551,827Net Income 2024: $02024

Highlighted filing

2019

Revenue$612,612,090
Expenses$612,612,090
Net Income$0
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.0
Gross Receipts
$612,612,090
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$741,102,946$764,800,331▲ $23,697,385
Rtn Earn Endowment Incm Other Fnds$466,078,750$516,235,089▲ $50,156,339
Investments Program Related$183,601,666$196,391,627▲ $12,789,961
Savings and Temporary Cash Investments$108,338,938$81,983,265▼ $26,355,673
Accounts Receivable$38,474,630$62,485,360▲ $24,010,730
Inventories for Sale or Use$12,550,686$15,238,447▲ $2,687,761
Cash and Non-Interest-Bearing Accounts$3,672,375$5,709,193▲ $2,036,818
Cap Stk Tr Prin Current Funds$3,584,385$3,691,385▲ $107,000
Prepaid Expenses and Deferred Charges$2,293,849$2,979,285▲ $685,436
Total Assets$1,090,188,002$1,129,645,634▲ $39,457,632
Other Assets Total$152,912$58,126▼ $94,786
Liabilities
Mortgage Notes Payable Secured by Investment Property$427,690,045$455,664,915▲ $27,974,870
Other Liabilities$78,605,174$93,128,143▲ $14,522,969
Accounts Payable and Accrued Expenses$114,229,648$60,926,102▼ $53,303,546
Total Liabilities$620,524,867$609,719,160▼ $10,805,707
Net Assets / Fund Balance
Total Net Assets Fund Balance$469,663,135$519,926,474▲ $50,263,339
Total Liabilities and Net Assets / Fund Balance$1,090,188,002$1,129,645,634▲ $39,457,632

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$758,648,199$353,233,519$1,111,881,718
Land$6,152,132-$6,152,132
Investment Program Related Org$959--
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ernest a Chip Jakins IiiPresident &FT$563,510$171,902$735,412
Ernest a Chip Jakins IiiPresident & CEO-$550,728$184,684$735,412
Greg S KeithCFOFT$394,999$174,193$569,192
Roy a StoweCOOFT$395,040$138,825$533,865
Joseph L DoroughVP-engineeriFT$298,098$120,811$418,909
Joseph L DoroughVP-engineering/oper-$283,919$134,990$418,909
Preston L ChapmanVP-mkt Ms/goFT$280,894$119,664$400,558
Preston L ChapmanVP-mkt Ms/govt Affrs-$267,721$132,837$400,558
Amy W RouseVP-finance /FT$271,210$99,430$370,640
Amy W RouseVP-finance / Acctg-$259,919$110,721$370,640
Otis JonesChairmanPT$47,561-$47,561
Rodney ChandlerVice Chairma-$44,940-$44,940
Lynn PriceSecretary/tr-$38,690-$38,690
Charles B SteeleDirector-$28,686-$28,686
John MitchellDirector-$24,500-$24,500
Bill E CarpenterDirector-$23,686-$23,686
Steve BlairDirector-$20,500-$20,500
Shade StoreyDirector-$14,000-$14,000
Alton ThorntonDirector-$12,000-$12,000

Highest Paid Contractors

ContractorServicesLocationCompensation
Pike Electric LLCLine Const.PO BOX 746308, Atlanta, GA 30374-6308$9,854,382
Exelon CorporationEnergy Services8TH FLOOR, Baltimore, MD 21231$4,158,000
Mcallister Tree Service LLCRight-of-wayPO BOX 242, Cornelia, GA 30531$3,138,205
TownsendRight-of-wayPO BOX 7015, Muncie, IN 47308$2,510,221
Southern Utility PartnersUtility Service1480 JEFFERSON AVE, Bogart, GA 30622$492,670
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$601,263,533
Investment Income
$9,228,285
Other Revenue
$2,120,272
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$574,247,085
Salaries, Compensation, and Employee Benefits$989,974
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$37,478,298
Benefits to Members---$37,375,031
All Other Expenses---$26,761,039
Interest---$21,688,605
Other Expenses---$18,602,046
Office Expenses---$2,282,556
Current Officers, Directors, Trustees, and Key Employees---$989,974
Total Functional Expenses$0$0$0$612,612,090
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
Acc. Prov. for Postretirement$61,305,058
Deferred Credits$19,213,888
Consumer Deposits$12,609,197
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The organization has members as provided for in its bylaws which are included as 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 as provided for in the cooperative's policy which is included as a part of this return.”

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 by the board as provided for in the cooperative's policy which is included as a part of this return.”

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

“Compensation for key employees is reviewed by the board as provided for in the cooperative's policy which is included as a part of this return.”

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 990. The form 990 is available upon request.”

Filing and Contact Details

Filer

Filer Name
Jackson Electric Membership
EIN
58-0301471
Phone
7063675281
Address
PO BOX 38, JEFFERSON, GA 30549-0038

Signing Officer

Name
Ernest a Chip Jakins Iii
Title
President & CEO
Phone
7063675281
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ernest a Chip Jakins Iii
Formed
1938
Legal Domicile
Ga
Voting Board Members
9
Independent Board Members
9
Employees
501

Preparer

Firm
Mcnair Mclemore Middlebrooks & Co LLC
Address
POST OFFICE BOX ONE, MACON, GA 31202-0001
Preparer
H Terrell Mcmichael Jr
Phone
4787466277
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Patronage capital 37,375,031 membership fees 107,000 asc 606 recognition - unbilled revenue 24,235,150 unclaimed capital credits 2,212,821 capital credit retirements -13,600,310 donated capital -66,353 total 50,263,339”

Financial Statement Notes

Schedule D, Page 4, Part XIII

“The corporation's financial statements were audited as of may 31, 2019 and 2018.”

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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/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT &
IRS990/Form990PartVIISectionAGrp/TitleTxt10CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt11COO
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP-ENGINEERI
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP-MKT MS/GO
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP-FINANCE /
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IRS990/GrantsToOrganizationsInd0false
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IRS990/LandBldgEquipCostOrOtherBssAmt01118033850
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt0584237001
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/BOYAmt0427690045
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0455664915
IRS990/NetAssetsOrFundBalancesBOYAmt0469663135
IRS990/NetAssetsOrFundBalancesEOYAmt0519926474
IRS990/NetUnrelatedBusTxblIncmAmt0134916
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt02282556
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0152912
IRS990/OtherAssetsTotalGrp/EOYAmt058126
IRS990/OtherChangesInNetAssetsAmt050263339
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION MAINTENANCE
IRS990/OtherExpensesGrp/Desc2ADMIN. & GENERAL EXP.
IRS990/OtherExpensesGrp/Desc3CONSUMER ACCOUNTS
IRS990/OtherExpensesGrp/TotalAmt0426799993
IRS990/OtherExpensesGrp/TotalAmt120945532
IRS990/OtherExpensesGrp/TotalAmt219689016
IRS990/OtherExpensesGrp/TotalAmt318602046
IRS990/OtherLiabilitiesGrp/BOYAmt078605174
IRS990/OtherLiabilitiesGrp/EOYAmt093128143
IRS990/OtherRevenueMiscGrp/BusinessCd0900001
IRS990/OtherRevenueMiscGrp/Desc0COOPERATIVE CHOICE, LLC
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02120272
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt02120272
IRS990/OtherRevenueTotalAmt02120272
IRS990/OtherSourcesGrossIncomeAmt09342348
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02293849
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02979285
IRS990/PrincipalOfficerNm0ERNEST A CHIP JAKINS III
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC ENERGY REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1G & T CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/Desc2POLE RENTAL
IRS990/ProgramServiceRevenueGrp/Desc3OTHER CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0584237001
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112810380
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23656657
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3559495
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0584237001
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112810380
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23656657
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3559495
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt034433734
IRS990/PYInvestmentIncomeAmt08434662
IRS990/PYOtherExpensesAmt0552860797
IRS990/PYOtherRevenueAmt01906168
IRS990/PYProgramServiceRevenueAmt0577857521
IRS990/PYSalariesCompEmpBnftPaidAmt0903820
IRS990/PYTotalExpensesAmt0588198351
IRS990/PYTotalRevenueAmt0588198351
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0466078750
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0516235089
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0108338938
IRS990/SavingsAndTempCashInvstGrp/EOYAmt081983265
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0758648199
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0353233519
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01111881718
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0139608030
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt136790366
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt25620799
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt34103988
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt43242141
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt52000614
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt61931806
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt71386726
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt81311828
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt9238379
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1064747
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1136204
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1230115
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1312500
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1412425
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt15959
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0OPC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1GTC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2CFC CTC'S
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3COOPERATIVE CHOICE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4CFC PATRONAGE CAPITAL
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5SEWELL CREEK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6GRESCO
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7FEDERATED
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc8SMARR EMC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc9OTHER
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc10NISC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc11NRTC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc12GSOC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc13CRC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc14GREEN POWER
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc15COBANK
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/InvstProgramRelatedOrgGrp/MethodValuationCd8C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd9C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd10C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd11C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd12C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd13C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd14C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd15C
IRS990ScheduleD/LandGrp/BookValueAmt06152132
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt06152132
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt061305058
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt119213888
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt212609197
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACC. PROV. FOR POSTRETIREMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED CREDITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CONSUMER DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION'S FINANCIAL STATEMENTS WERE AUDITED AS OF MAY 31, 2019 AND 2018.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XIII
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0764800331
IRS990ScheduleD/TotalBookValueProgramRltdAmt0196391627
IRS990ScheduleD/TotalLiabilityAmt093128143
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$1,129,645,634
Liabilities
$609,719,160
Net assets
$519,926,474
Revenue
$612,612,090
Expenses
$612,612,090
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,479$822$657$686$686$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,373$752$621$643$643$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,306$720$586$690$690$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,224$662$562$617$617$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,181$636$544$615$615$0.00
2019Detailed filing. Detailed filing data is available for this year.$1,130$610$520$613$613$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,090$621$470$588$588$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,032$587$445$548$548$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$991$576$415$550$550$0.00
2015Detailed filing. Detailed filing data is available for this year.$957$571$386$541$541$0.00
2014Detailed filing. Detailed filing data is available for this year.$894$530$364$528$528$0.00
2013Detailed filing. Detailed filing data is available for this year.$873$527$345$472$472$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$830$500$330$465
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$833$518$315$467
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$790$498$292$443