Civic Intelligence

Planters Electric Membership Corporation

990 • Fiscal year 2021 • EIN 58-0388085

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 25, 2022

PO Box 979Millen, GA 30442-0979

(478) 982-4722

Siviq Scores

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

Liabilities / Assets

46th percentile

0.52x

Higher debt load relative to assets than 46% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2021

Liabilities / Revenue

52nd percentile

1.40x

Higher debt load relative to revenue than 52% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2021

Net Margin

49th percentile

0.0%

Higher net margin than 49% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2021

Top Officer Pay

71st percentile

$414,494

Higher top officer pay than 71% of similar nonprofits.

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

2021 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2021

Asset Growth

58th percentile

5.0%

Faster asset growth than 58% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2020 to 2021

Revenue Growth

10th percentile

-1.9%

Faster revenue growth than 10% of similar nonprofits.

2021 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2020 to 2021

Assets

Up

$105,957,686

Up $5,084,107 (+5.0%) from 2020

Net Assets

Up

$50,452,158

Up $1,723,001 (+3.5%) from 2020

Liabilities

Up

$55,505,528

Up $3,361,106 (+6.4%) from 2020

Revenue

Down

$39,510,736

Down $774,453 (-1.9%) from 2020

Expenses

Down

$39,510,736

Down $774,453 (-1.9%) from 2020

Net Income

Flat

$0

Flat from 2020

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2011: $58,823,296Liabilities 2011: $28,864,823Net Assets 2011: $29,958,4732011Assets 2012: $60,361,924Liabilities 2012: $28,758,304Net Assets 2012: $31,603,6202012Assets 2013: $63,477,126Liabilities 2013: $30,734,820Net Assets 2013: $32,742,3062013Assets 2014: $69,588,207Liabilities 2014: $35,060,314Net Assets 2014: $34,527,8932014Assets 2015: $71,226,499Liabilities 2015: $34,819,857Net Assets 2015: $36,406,6422015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $77,836,973Liabilities 2017: $37,832,481Net Assets 2017: $40,004,4922017Assets 2018: $84,417,588Liabilities 2018: $41,596,329Net Assets 2018: $42,821,2592018Assets 2019: $98,598,425Liabilities 2019: $51,607,810Net Assets 2019: $46,990,6152019Assets 2020: $100,873,579Liabilities 2020: $52,144,422Net Assets 2020: $48,729,1572020Assets 2021: $105,957,686Liabilities 2021: $55,505,528Net Assets 2021: $50,452,1582021Assets 2022: $111,461,566Liabilities 2022: $59,634,926Net Assets 2022: $51,826,6402022Assets 2023: $116,810,085Liabilities 2023: $62,025,515Net Assets 2023: $54,784,5702023Assets 2024: $134,714,415Liabilities 2024: $76,855,444Net Assets 2024: $57,858,9712024Assets 2025: $126,485,415Liabilities 2025: $66,162,801Net Assets 2025: $60,322,6142025

Highlighted filing

2021

Assets$105,957,686
Liabilities$55,505,528
Net Assets$50,452,158

Operations Trend

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

$60M$40M$20M$0Revenue 2011: $33,239,523Expenses 2011: $30,788,202Net Income 2011: $2,451,3212011Revenue 2012: $32,063,830Expenses 2012: $32,063,830Net Income 2012: $02012Revenue 2013: $32,199,793Expenses 2013: $32,199,793Net Income 2013: $02013Revenue 2014: $36,426,222Expenses 2014: $36,426,222Net Income 2014: $02014Revenue 2015: $37,874,425Expenses 2015: $37,874,425Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $36,302,627Expenses 2017: $36,302,627Net Income 2017: $02017Revenue 2018: $38,351,135Expenses 2018: $38,351,135Net Income 2018: $02018Revenue 2019: $40,785,425Expenses 2019: $40,785,425Net Income 2019: $02019Revenue 2020: $40,285,189Expenses 2020: $40,285,189Net Income 2020: $02020Revenue 2021: $39,510,736Expenses 2021: $39,510,736Net Income 2021: $02021Revenue 2022: $41,037,655Expenses 2022: $41,037,655Net Income 2022: $02022Revenue 2023: $41,020,584Expenses 2023: $41,020,584Net Income 2023: $02023Revenue 2024: $44,041,533Expenses 2024: $44,041,533Net Income 2024: $02024Revenue 2025: $45,637,023Expenses 2025: $45,637,023Net Income 2025: $02025

Highlighted filing

2021

Revenue$39,510,736
Expenses$39,510,736
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 25, 2022
Return Version
2021v4.0
Gross Receipts
$39,510,736
Mission and Program Overview

Mission

Provide the best possible eletric service to all who desire it within the service area at a reasonable cost consistent with the highest standards of service.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$62,579,141$63,893,640▲ $1,314,499
Rtn Earn Endowment Incm Other Fnds$48,605,175$50,326,416▲ $1,721,241
Investments Program Related$15,457,428$16,186,703▲ $729,275
Prepaid Expenses and Deferred Charges$15,568,719$15,544,298▼ $24,421
Savings and Temporary Cash Investments$2,389,601$5,881,289▲ $3,491,688
Accounts Receivable$3,379,132$2,713,991▼ $665,141
Inventories for Sale or Use$720,057$893,739▲ $173,682
Cash and Non-Interest-Bearing Accounts$748,401$805,804▲ $57,403
Cap Stk Tr Prin Current Funds$123,982$125,742▲ $1,760
Total Assets$100,873,579$105,957,686▲ $5,084,107
Other Assets Total$31,100$38,222▲ $7,122
Liabilities
Mortgage Notes Payable Secured by Investment Property$37,532,757$38,439,516▲ $906,759
Other Liabilities$11,734,814$13,792,424▲ $2,057,610
Accounts Payable and Accrued Expenses$2,831,594$3,146,941▲ $315,347
Deferred Revenue$45,257$126,647▲ $81,390
Total Liabilities$52,144,422$55,505,528▲ $3,361,106
Net Assets / Fund Balance
Total Net Assets Fund Balance$48,729,157$50,452,158▲ $1,723,001
Total Liabilities and Net Assets / Fund Balance$100,873,579$105,957,686▲ $5,084,107

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$63,441,527$25,343,124$88,784,651
Land$452,113-$452,113
Investment Program Related Org$1,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edward M BrinsonGeneral ManaFT$312,168$102,326$414,494
Edward M BrinsonGeneral Manager/CEO-$281,468$133,026$414,494
William J McbrideInfo. SystemFT$175,786$60,919$236,705
William J McbrideInfo. System Manager-$157,702$79,003$236,705
Norman WilliamsAsst GeneralFT$160,160$57,485$217,645
Norman WilliamsAsst General Manager-$146,868$70,777$217,645
Randall HillMgr. MemberFT$140,942$53,594$194,536
Randall HillMgr. Member Services-$129,383$65,153$194,536
Pauline AdamsMgr. of AdmiFT$136,141$51,926$188,067
Pauline AdamsMgr. of Admin Svcs-$120,070$67,997$188,067
William WilsonOperations SFT$133,615$41,966$175,581
William WilsonOperations Super.-$124,753$50,828$175,581
Stanton R HillisChairman-$15,893-$15,893
Ainsworth ZeaglerDirector-$14,237-$14,237
Bobby C Smith JrDirector-$13,986-$13,986
Todd BazemoreVice Chairma-$13,965-$13,965
Horace Weathersby IiiSecretary/tr-$13,672-$13,672
Elbert BurkeDirector-$13,338-$13,338
Jonathan CrockettSecretary/tr-$12,792-$12,792
Linda D JoseyDirector-$12,260-$12,260
Glynn BassettDirector - F-$9,194-$9,194
Don BurkeDirector-$4,245-$4,245

Highest Paid Contractors

ContractorServicesLocationCompensation
Akins And SonsRight Of Way839 BILL BRANCH CIRCLE, Lyons, GA 30436$963,379
Bts Son & AssociatesRight Of Way403 HWY 17 SOUTH, Midville, GA 30441$395,320
Helena Agri Enterprises LLCRight Of WayP O BOX 198153, Atlanta, GA 30384$255,366
Pumpley Oil Acuisition LLCFuel1890 SWISCO RD, Sulphur, LA 70665$208,487
Reeves ConstructionConstruction2500 GRAY HWY, Macon, GA 31211$152,361
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$38,221,733
Investment Income
$710,159
Other Revenue
$578,844
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$37,110,736
Revenue Not Reported on Financial Statements
$2,400,000
Other Revenue Adjustments
$2,400,000
Total Revenue per Audited Statements
$37,110,736
Total Revenue per Form 990
$39,510,736
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$33,205,672
Salaries, Compensation, and Employee Benefits$538,076
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$5,766,988
Depreciation Depletion---$2,703,177
All Other Expenses---$1,696,325
Other Expenses---$1,243,643
Interest---$1,068,319
Current Officers, Directors, Trustees, and Key Employees---$538,076
Office Expenses---$75,388
Total Functional Expenses$0$0$0$39,510,736

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$39,510,736
Expenses per Audited Statements$33,743,748
Total Expenses per Audited Statements$33,743,748
Expenses Not Reported on Financial Statements$5,766,988
Other Expense Adjustments$5,766,988
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
Regulatory Liabilites - Asc 980$10,500,000
Deferred Credits$1,752,525
Consumer Deposits$1,539,899
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 cooperative has members as provided for in its bylaws which are included as part of the 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 general manager is reviewed and approved 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 and approved through the use of annual performance appraisals administered by the general manager.

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
Planters Electric Membership
EIN
58-0388085
Phone
4789824722
Address
PO BOX 979, MILLEN, GA 30442-0979

Signing Officer

Name
Edward M Brinson
Title
General Manager/CEO
Phone
4789824722
Signed
2022-02-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Edward M Brinson
Formed
1936
Legal Domicile
Ga
Voting Board Members
9
Independent Board Members
9
Employees
59

Preparer

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

Additional Explanations

Form 990, Page 2, Part III, Line 4D

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.

Form 990, Part XI, Line 9

Retired capital credit - gain 133,581 membership fees 1,760 patronage capital assigned 5,766,988 patronage capital retired -1,779,328 asc 980 revenue deferred -2,400,000 total 1,723,001

Financial Statement Notes

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

Deferred revenue transactions 2,400,000

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

Patronage capital credits 5,766,988

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IRS990/Form990PartVIISectionAGrp/PersonNm9DON BURKE
IRS990/Form990PartVIISectionAGrp/PersonNm10EDWARD M BRINSON
IRS990/Form990PartVIISectionAGrp/PersonNm11NORMAN WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm12PAULINE ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm13WILLIAM J MCBRIDE
IRS990/Form990PartVIISectionAGrp/PersonNm14RANDALL HILL
IRS990/Form990PartVIISectionAGrp/PersonNm15WILLIAM WILSON
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR - F
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10GENERAL MANA
IRS990/Form990PartVIISectionAGrp/TitleTxt11ASST GENERAL
IRS990/Form990PartVIISectionAGrp/TitleTxt12MGR. OF ADMI
IRS990/Form990PartVIISectionAGrp/TitleTxt13INFO. SYSTEM
IRS990/Form990PartVIISectionAGrp/TitleTxt14MGR. MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15OPERATIONS S
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt062579141
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IRS990/LandBldgEquipCostOrOtherBssAmt089236764
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt036949162
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE THE BEST POSSIBLE ELETRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.
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IRS990/NetAssetsOrFundBalancesEOYAmt050452158
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IRS990/OfficeExpensesGrp/TotalAmt075388
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
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IRS990/OtherAssetsTotalGrp/BOYAmt031100
IRS990/OtherAssetsTotalGrp/EOYAmt038222
IRS990/OtherChangesInNetAssetsAmt01723001
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION MAINTENANCE
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION OPERATIONS
IRS990/OtherExpensesGrp/Desc3CONSUMER ACCOUNTS
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IRS990/OtherExpensesGrp/TotalAmt13078006
IRS990/OtherExpensesGrp/TotalAmt21963538
IRS990/OtherExpensesGrp/TotalAmt31243643
IRS990/OtherLiabilitiesGrp/BOYAmt011734814
IRS990/OtherLiabilitiesGrp/EOYAmt013792424
IRS990/OtherRevenueMiscGrp/Desc0FORGIVENESS OF DEBT (PPP LOAN
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0578844
IRS990/OtherRevenueTotalAmt0578844
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015568719
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015544298
IRS990/PrincipalOfficerNm0EDWARD M BRINSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
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IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1G & T CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/Desc2POLE RENTAL
IRS990/ProgramServiceRevenueGrp/Desc3OTHER CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt036949162
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1657340
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1657340
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2507668
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3107563
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO 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/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt06118712
IRS990/PYInvestmentIncomeAmt0985983
IRS990/PYOtherExpensesAmt033658827
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IRS990/PYTotalExpensesAmt040285189
IRS990/PYTotalRevenueAmt040285189
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt048605175
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt050326416
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02389601
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IRS990ScheduleD/EquipmentGrp/BookValueAmt063441527
IRS990ScheduleD/EquipmentGrp/DepreciationAmt025343124
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt088784651
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt05766988
IRS990ScheduleD/ExpensesSubtotalAmt033743748
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt014753064
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1680811
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2461238
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3200903
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt454687
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt525000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt610000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt71000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PATRONAGE CAPITAL FROM ASSOC.
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1OTHER INVESTMENTS IN ASSOC.
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2CFC CTC'S
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3FEDERATED
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4SMARR EMC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5CFC MEMBER CAPITAL SECURITIES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6CRC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7OTHER
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/BookValueAmt0452113
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0452113
IRS990ScheduleD/OtherExpensesNotIncludedAmt05766988
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11752525
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21539899
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REGULATORY LIABILITES - ASC 980
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED CREDITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CONSUMER DEPOSITS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt02400000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt02400000
IRS990ScheduleD/RevenueSubtotalAmt037110736
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DEFERRED REVENUE TRANSACTIONS 2,400,000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PATRONAGE CAPITAL CREDITS 5,766,988
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt063893640
IRS990ScheduleD/TotalBookValueProgramRltdAmt016186703
IRS990ScheduleD/TotalExpensesPerForm990Amt039510736
IRS990ScheduleD/TotalLiabilityAmt013792424
IRS990ScheduleD/TotalRevenuePerForm990Amt039510736
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt037110736
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt033743748
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
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IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0281468

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$126$66.2$60.3$45.6$45.6$0.00
2024Detailed filing. Detailed filing data is available for this year.$135$76.9$57.9$44.0$44.0$0.00
2023Detailed filing. Detailed filing data is available for this year.$117$62.0$54.8$41.0$41.0$0.00
2022Detailed filing. Detailed filing data is available for this year.$111$59.6$51.8$41.0$41.0$0.00
2021Detailed filing. Detailed filing data is available for this year.$106$55.5$50.5$39.5$39.5$0.00
2020Detailed filing. Detailed filing data is available for this year.$101$52.1$48.7$40.3$40.3$0.00
2019Detailed filing. Detailed filing data is available for this year.$98.6$51.6$47.0$40.8$40.8$0.00
2018Detailed filing. Detailed filing data is available for this year.$84.4$41.6$42.8$38.4$38.4$0.00
2017Summary only. Only limited summary data is available for this year.$77.8$37.8$40.0$36.3$36.3$0.00
2016Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2015Summary only. Only limited summary data is available for this year.$71.2$34.8$36.4$37.9$37.9$0.00
2014Summary only. Only limited summary data is available for this year.$69.6$35.1$34.5$36.4$36.4$0.00
2013Summary only. Only limited summary data is available for this year.$63.5$30.7$32.7$32.2$32.2$0.00
2012Summary only. Only limited summary data is available for this year.$60.4$28.8$31.6$32.1$32.1$0.00
2011Summary only. Only limited summary data is available for this year.$58.8$28.9$30.0$33.2$30.8$2.45