Civic Intelligence

Planters Electric Membership Corporation

990 • Fiscal year 2022 • EIN 58-0388085

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 15, 2023

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

0.54x

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

2022 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2022

Liabilities / Revenue

56th percentile

1.45x

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

2022 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2022

Net Margin

52nd percentile

0.0%

Higher net margin than 52% of similar nonprofits.

2022 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2022

Top Officer Pay

71st percentile

$431,005

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2022 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2022

Asset Growth

50th percentile

5.2%

Faster asset growth than 50% of similar nonprofits.

2022 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Revenue Growth

26th percentile

3.9%

Faster revenue growth than 26% of similar nonprofits.

2022 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Assets

Up

$111,461,566

Up $5,503,880 (+5.2%) from 2021

Net Assets

Up

$51,826,640

Up $1,374,482 (+2.7%) from 2021

Liabilities

Up

$59,634,926

Up $4,129,398 (+7.4%) from 2021

Revenue

Up

$41,037,655

Up $1,526,919 (+3.9%) from 2021

Expenses

Up

$41,037,655

Up $1,526,919 (+3.9%) from 2021

Net Income

Flat

$0

Flat from 2021

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

2022

Assets$111,461,566
Liabilities$59,634,926
Net Assets$51,826,640

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

2022

Revenue$41,037,655
Expenses$41,037,655
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 15, 2023
Return Version
2022v4.1
Gross Receipts
$41,037,655
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$63,893,640$66,834,609▲ $2,940,969
Rtn Earn Endowment Incm Other Fnds$50,326,416$51,699,523▲ $1,373,107
Prepaid Expenses and Deferred Charges$15,544,298$19,881,958▲ $4,337,660
Investments Program Related$16,186,703$17,007,019▲ $820,316
Accounts Receivable$2,713,991$3,319,126▲ $605,135
Savings and Temporary Cash Investments$5,881,289$2,675,794▼ $3,205,495
Inventories for Sale or Use$893,739$1,107,231▲ $213,492
Cash and Non-Interest-Bearing Accounts$805,804$589,713▼ $216,091
Cap Stk Tr Prin Current Funds$125,742$127,117▲ $1,375
Total Assets$105,957,686$111,461,566▲ $5,503,880
Other Assets Total$38,222$46,116▲ $7,894
Liabilities
Mortgage Notes Payable Secured by Investment Property$38,439,516$43,344,789▲ $4,905,273
Other Liabilities$13,792,424$12,733,894▼ $1,058,530
Accounts Payable and Accrued Expenses$3,146,941$3,386,642▲ $239,701
Deferred Revenue$126,647$169,601▲ $42,954
Total Liabilities$55,505,528$59,634,926▲ $4,129,398
Net Assets / Fund Balance
Total Net Assets Fund Balance$50,452,158$51,826,640▲ $1,374,482
Total Liabilities and Net Assets / Fund Balance$105,957,686$111,461,566▲ $5,503,880

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$66,377,836$26,891,011$93,268,847
Land$456,773-$456,773
Investment Program Related Org$1,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Edward M BrinsonGeneral ManaFT$326,065$104,940$431,005
Edward M BrinsonGeneral Manager/CEO-$294,259$136,746$431,005
William J McbrideInfo. SystemFT$183,748$62,326$246,074
William J McbrideInfo. System Manager-$164,877$81,197$246,074
Norman WilliamsAsst GeneralFT$170,990$61,559$232,549
Norman WilliamsAsst General Manager-$156,660$75,889$232,549
Randall HillMgr. MemberFT$149,485$55,813$205,298
Randall HillMgr. Member Services-$137,271$68,027$205,298
Pauline AdamsMgr. of AdmiFT$146,673$54,060$200,733
Pauline AdamsMgr. of Admin Svcs-$129,465$71,268$200,733
William WilsonLine SuperinFT$146,200$43,759$189,959
William WilsonLine Superintendent-$136,698$53,261$189,959
Mary RobbinsDirector-$21,435-$21,435
Horace Weathersby IiiChairman-$20,482-$20,482
Don I BurkeDirector-$19,900-$19,900
Stanton R HillisDirector-$19,864-$19,864
Todd BazemoreSecretary/tr-$19,400-$19,400
Ainsworth ZeaglerDirector-$18,943-$18,943
Jonathan CrockettVice Chairma-$18,327-$18,327
Linda D JoseyDirector-$16,730-$16,730
Elbert BurkeDirector-$16,043-$16,043
Rayburn G JohnsonDirector-$4,100-$4,100

Highest Paid Contractors

ContractorServicesLocationCompensation
Akins And SonsRight Of Way839 BILL BRANCH CIRCLE, Lyons, GA 30436$1,313,700
Helena Agri Enterprises LLCRight Of WayP O BOX 198153, Atlanta, GA 30384$361,810
AltecConstruction287 FIRST STREET, Forest Park, GA 30297$357,230
Pumpley Oil Acuisition LLCFuel1890 SWISCO RD, Sulphur, LA 70665$336,288
TmsMaintenance125 FUTURISTIC RD, Mooresburg, TN 37811$235,971
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$40,321,002
Investment Income
$716,653
Other Revenue
$0
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$41,037,655
Revenue Not Reported on Form 990
$800,000
Total Revenue per Audited Statements
$41,837,655
Total Revenue per Form 990
$41,037,655
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$38,142,865
Salaries, Compensation, and Employee Benefits$606,229
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$2,804,454
Benefits to Members---$2,288,561
All Other Expenses---$1,878,287
Other Expenses---$1,331,190
Interest---$1,108,029
Current Officers, Directors, Trustees, and Key Employees---$606,229
Office Expenses---$74,042
Total Functional Expenses$0$0$0$41,037,655

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$41,037,655
Expenses per Audited Statements$38,749,094
Total Expenses per Audited Statements$38,749,094
Expenses Not Reported on Financial Statements$2,288,561
Other Expense Adjustments$2,288,561
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$9,700,000
Consumer Deposits$1,541,825
Deferred Credits$1,492,069
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
2023-02-15
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
57

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 245,011 membership fees 1,375 patronage capital assigned 2,288,561 recognition of deferred revenue 800,000 patronage capital retired -1,960,465 total 1,374,482

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Deferred revenue transactions 800,000

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

Patronage capital credits 2,288,561

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IRS990/Form990PartVIISectionAGrp/PersonNm12PAULINE ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm13WILLIAM J MCBRIDE
IRS990/Form990PartVIISectionAGrp/PersonNm14RANDALL HILL
IRS990/Form990PartVIISectionAGrp/PersonNm15WILLIAM WILSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt020482
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt118327
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt219400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt319864
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt418943
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt519900
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt616730
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
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/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10GENERAL MANA
IRS990/Form990PartVIISectionAGrp/TitleTxt11ASST GENERAL
IRS990/Form990PartVIISectionAGrp/TitleTxt12MGR. OF ADMI
IRS990/Form990PartVIISectionAGrp/TitleTxt13INFO. SYSTEM
IRS990/Form990PartVIISectionAGrp/TitleTxt14MGR. MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15LINE SUPERIN
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IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt041037655
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt021
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IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt01108029
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0893739
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01107231
IRS990/InvestmentIncomeGrp/ExclusionAmt0716653
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0716653
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IRS990/InvestmentsProgramRelatedGrp/BOYAmt016186703
IRS990/InvestmentsProgramRelatedGrp/EOYAmt017007019
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt026891011
IRS990/LandBldgEquipBasisNetGrp/BOYAmt063893640
IRS990/LandBldgEquipBasisNetGrp/EOYAmt066834609
IRS990/LandBldgEquipCostOrOtherBssAmt093725620
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt038942172
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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt038439516
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt043344789
IRS990/NetAssetsOrFundBalancesBOYAmt050452158
IRS990/NetAssetsOrFundBalancesEOYAmt051826640
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt074042
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt038222
IRS990/OtherAssetsTotalGrp/EOYAmt046116
IRS990/OtherChangesInNetAssetsAmt01374482
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION MAINTENANCE
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION OPERATIONS
IRS990/OtherExpensesGrp/Desc3CONSUMER ACCOUNTS
IRS990/OtherExpensesGrp/TotalAmt025339666
IRS990/OtherExpensesGrp/TotalAmt13497711
IRS990/OtherExpensesGrp/TotalAmt22109486
IRS990/OtherExpensesGrp/TotalAmt31331190
IRS990/OtherLiabilitiesGrp/BOYAmt013792424
IRS990/OtherLiabilitiesGrp/EOYAmt012733894
IRS990/OtherSourcesGrossIncomeAmt0750450
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015544298
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019881958
IRS990/PrincipalOfficerNm0EDWARD M BRINSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1G & T CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/Desc2POLE RENTAL
IRS990/ProgramServiceRevenueGrp/Desc3OTHER CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt038942172
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1645092
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2524717
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3209021
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt038942172
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1645092
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2524717
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3209021
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/PYBenefitsPaidToMembersAmt05766988
IRS990/PYInvestmentIncomeAmt0710159
IRS990/PYOtherExpensesAmt033205672
IRS990/PYOtherRevenueAmt0578844
IRS990/PYProgramServiceRevenueAmt038221733
IRS990/PYSalariesCompEmpBnftPaidAmt0538076
IRS990/PYTotalExpensesAmt039510736
IRS990/PYTotalRevenueAmt039510736
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt050326416
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt051699523
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05881289
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02675794
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt066377836
IRS990ScheduleD/EquipmentGrp/DepreciationAmt026891011
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt093268847
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt02288561
IRS990ScheduleD/ExpensesSubtotalAmt038749094
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt015555835
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1679484
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2461238
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3219775
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/BookValueAmt0456773
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0456773
IRS990ScheduleD/OtherExpensesNotIncludedAmt02288561
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09700000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11541825
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21492069
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REGULATORY LIABILITES - ASC 980
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CONSUMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED CREDITS
IRS990ScheduleD/OtherRevenueAmt0800000
IRS990ScheduleD/RevenueNotReportedAmt0800000
IRS990ScheduleD/RevenueSubtotalAmt041037655
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DEFERRED REVENUE TRANSACTIONS 800,000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PATRONAGE CAPITAL CREDITS 2,288,561
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt066834609
IRS990ScheduleD/TotalBookValueProgramRltdAmt017007019
IRS990ScheduleD/TotalExpensesPerForm990Amt041037655
IRS990ScheduleD/TotalLiabilityAmt012733894
IRS990ScheduleD/TotalRevenuePerForm990Amt041037655
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt041837655
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt038749094
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0294259
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1156660
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2129465
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3164877
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4137271

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