Civic Intelligence

Grayson Rural Electric Cooperative Corporation

990 • Fiscal year 2016 • EIN 61-0447602

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 11, 2017

Organization Profilewww.graysonrecc.com
109 Bagby ParkGrayson, KY 41143

(606) 474-5136

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.65x

Higher debt load relative to assets than 83% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

67th percentile

1.59x

Higher debt load relative to revenue than 67% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2016

Net Margin

46th percentile

0.0%

Higher net margin than 46% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

45th percentile

$223,975

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2016

Asset Growth

41st percentile

2.4%

Faster asset growth than 41% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

30th percentile

-1.9%

Faster revenue growth than 30% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$77,808,837

Up $1,823,775 (+2.4%) from 2015

Net Assets

Up

$26,881,486

Up $1,489,589 (+5.9%) from 2015

Liabilities

Up

$50,927,351

Up $334,186 (+0.7%) from 2015

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin46th percentile

Revenue

Down

$32,008,547

Down $629,310 (-1.9%) from 2015

Expenses

Down

$32,008,547

Down $629,310 (-1.9%) from 2015

Net Income

Flat

$0

Flat from 2015

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

$100M$50M$0Assets 2010: $65,216,973Liabilities 2010: $47,341,973Net Assets 2010: $17,875,0002010Assets 2011: $66,307,439Liabilities 2011: $47,940,391Net Assets 2011: $18,367,0482011Assets 2012: $68,429,726Liabilities 2012: $49,779,397Net Assets 2012: $18,650,3292012Assets 2013: $72,893,358Liabilities 2013: $51,356,240Net Assets 2013: $21,537,1182013Assets 2014: $75,116,227Liabilities 2014: $51,841,706Net Assets 2014: $23,274,5212014Assets 2015: $75,985,062Liabilities 2015: $50,593,165Net Assets 2015: $25,391,8972015Assets 2016: $77,808,837Liabilities 2016: $50,927,351Net Assets 2016: $26,881,4862016Assets 2017: $77,299,111Liabilities 2017: $51,689,927Net Assets 2017: $25,609,1842017Assets 2018: $79,306,260Liabilities 2018: $52,772,499Net Assets 2018: $26,533,7612018Assets 2019: $82,855,758Liabilities 2019: $54,288,514Net Assets 2019: $28,567,2442019Assets 2020: $90,305,352Liabilities 2020: $59,887,772Net Assets 2020: $30,417,5802020Assets 2021: $91,917,122Liabilities 2021: $58,067,782Net Assets 2021: $33,849,3402021Assets 2022: $94,665,552Liabilities 2022: $56,391,292Net Assets 2022: $38,274,2602022Assets 2023: $92,629,124Liabilities 2023: $52,319,970Net Assets 2023: $40,309,1542023Assets 2024: $90,678,862Liabilities 2024: $49,532,404Net Assets 2024: $41,146,4582024

Highlighted filing

2016

Assets$77,808,837
Liabilities$50,927,351
Net Assets$26,881,486
Open 2016 Filing

Operations Trend

Revenue Growth30th percentile

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

$60M$40M$20M$0-$20MExpenses 2010: $29,497,8182010Expenses 2011: $31,337,5162011Expenses 2012: $31,125,4192012Revenue 2013: $34,072,114Expenses 2013: $34,072,114Net Income 2013: $02013Revenue 2014: $34,459,509Expenses 2014: $34,459,509Net Income 2014: $02014Revenue 2015: $32,637,857Expenses 2015: $32,637,857Net Income 2015: $02015Revenue 2016: $32,008,547Expenses 2016: $32,008,547Net Income 2016: $02016Revenue 2017: $28,182,796Expenses 2017: $29,726,355Net Income 2017: -$1,543,5592017Revenue 2018: $32,813,423Expenses 2018: $32,813,423Net Income 2018: $02018Revenue 2019: $32,551,549Expenses 2019: $32,551,549Net Income 2019: $02019Revenue 2020: $31,132,893Expenses 2020: $31,132,893Net Income 2020: $02020Revenue 2021: $34,250,791Expenses 2021: $34,250,791Net Income 2021: $02021Revenue 2022: $43,062,397Expenses 2022: $43,062,397Net Income 2022: $02022Revenue 2023: $41,054,365Expenses 2023: $41,054,365Net Income 2023: $02023Revenue 2024: $40,083,276Expenses 2024: $40,083,276Net Income 2024: $02024

Highlighted filing

2016

Revenue$32,008,547
Expenses$32,008,547
Net Income$0
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 11, 2017
Return Version
2016v3.0
Gross Receipts
$32,008,547
Mission and Program Overview

Mission

Provide electric service to member owners on a patronage basis. Serve an average of approximately 15,300 customers per month.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$52,667,135$54,017,953▲ $1,350,818
Rtn Earn Endowment Incm Other Fnds$26,219,945$27,625,912▲ $1,405,967
Investments Program Related$14,572,339$15,849,671▲ $1,277,332
Accounts Receivable$6,538,683$6,148,793▼ $389,890
Inventories for Sale or Use$505,089$287,319▼ $217,770
Cap Stk Tr Prin Current Funds$153,015$153,285▲ $270
Cash and Non-Interest-Bearing Accounts$410,740$139,462▼ $271,278
Prepaid Expenses and Deferred Charges$36,842$56,765▲ $19,923
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$-981,063$-897,711▲ $83,352
Total Assets$75,985,062$77,808,837▲ $1,823,775
Other Assets Total$1,254,234$1,308,874▲ $54,640
Liabilities
Mortgage Notes Payable Secured by Investment Property$42,230,385$40,051,998▼ $2,178,387
Other Liabilities$6,326,961$8,395,335▲ $2,068,374
Accounts Payable and Accrued Expenses$2,035,819$2,480,018▲ $444,199
Total Liabilities$50,593,165$50,927,351▲ $334,186
Net Assets / Fund Balance
Total Net Assets Fund Balance$25,391,897$26,881,486▲ $1,489,589
Total Liabilities and Net Assets / Fund Balance$75,985,062$77,808,837▲ $1,823,775

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$54,017,953$21,285,230$75,303,183
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carol Hall FraleyPresident/CEOFT$148,811$75,164$223,975
Kyle ClevengerMgr of OperationsFT$101,353$51,193$152,546
Bradley CherryMgr FinanceFT$80,738$40,781$121,519
Kim BushMgr MarketingFT$69,880$35,296$105,176
Harold DupayChairman-$14,060-$14,060
Roger TrentDirector-$13,857-$13,857
Jimmy WhittDirectorPT$13,665-$13,665
William T RiceDirector-$12,657-$12,657
Ken ArringtonDirectorPT$12,260-$12,260
Jim BentleyVice Chairman-$11,465-$11,465
Eddie MartinSec/Treas-$11,265-$11,265

Highest Paid Contractors

ContractorServicesLocationCompensation
WA KendallROW clearingPO Box 831, Lawrenceville, GA 30046$1,485,375
Pike Electric IncPower line constructPO Box 1000, Memphis, TN 38148$884,423
Smith Tree Service LLCROW clearing220 Swint Hollow, Greenup, KY 41144$336,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$30,125,895
Investment Income
$29,393
Other Revenue
$1,853,259
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$32,008,547
Total Revenue per Audited Statements
$32,008,547
Total Revenue per Form 990
$32,008,547
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$25,002,317
Salaries, Compensation, and Employee Benefits$5,414,222
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$3,341,888--$3,341,888
Other Salaries and Wages$2,968,183--$2,968,183
Benefits to Members$1,592,008--$1,592,008
Other Expenses$1,262,833--$1,262,833
Other Employee Benefits$1,075,488--$1,075,488
Interest$899,865--$899,865
Pension Plan Contributions$626,062--$626,062
Current Officers, Directors, Trustees, and Key Employees$490,011--$490,011
Payroll Taxes$254,478--$254,478
Insurance$187,759--$187,759
Fees for Services Legal$52,172--$52,172
Fees for Services Accounting$10,375--$10,375
All Other Expenses$-4,183,917--$-4,183,917
Total Functional Expenses$32,008,547$0$0$32,008,547

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$32,008,547
Total Expenses per Audited Statements$32,008,547
Total Expenses per Form 990$32,008,547
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accumulated postretirement benefits$3,330,597
Notes payable$3,149,525
Customer deposits$1,210,055
Other current and accrued liabilities$534,554
Consumer advances for construction$170,604
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“Must be a member to receive electric service. Each member has 1 vote. May have more than 1 service per membership.”

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

“Nominating committee meets every year there is an election to select a member to run for Director. Member may run for director with a petition signed by 75 or more eligible members.”

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

“Articles of Incorporation can only be changed by a majority vote of the membership. By-Laws may be altered, amended, or repealed by the Board of Directors at any regular or special meeting by a majority vote.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“Directors are furnished a draft copy of the Form 990, and review it prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Directors and key employees annually complete a questionnaire on family and business relationships.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“15a. Board of Directors review and approve compensation for key employees and other employees using data provided by state and national organization surveys of electric cooperatives.15b. Majority of compensation is negotiated through a union contract.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Copy of Articles of Incorporation and By-Laws are given to each new member. Financial statements are published annually in magazine distributed to each member. Meeting of members is held on an annual basis.”

Filing and Contact Details

Filer

Filer Name
Grayson Rural Electric
EIN
61-0447602
Phone
6064745136
Address
109 Bagby Park, Grayson, KY 41143

Signing Officer

Name
Carol Hall Fraley
Title
President & CEO
Signed
2017-04-11
Discuss with paid preparer
Yes

Organization Details

Formed
1936
Legal Domicile
Ky
Voting Board Members
7
Independent Board Members
7
Employees
56

Preparer

Firm
Alan Zumstein
Address
1032 CHETFORD DRIVE, LEXINGTON, KY 40509
Preparer
Alan Zumstein
Phone
8592647147
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

“Comprehensive income-postretirement ben = $83352”

Other Changes In Net Assets Or Fund Balances - Other Increases

“Margins allocated to members = $1592008”

Other Changes In Net Assets Or Fund Balances - Other Increases

“Memberships issued = $270”

Other Changes In Net Assets Or Fund Balances - Other Increases

“Other equities = $30802”

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Refunds of capital credits = -$155239”

Form 990, Part IX, Line 4 - Benefits paid to or for members

“Represents patronage capital allocated to members in accordance with the bylaws of the Cooperative. This reporting results in a difference between book income and income reported on the Form 990 by the same amount.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Sec/Treas
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt7President/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8Mgr Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt9Mgr Marketing
IRS990/Form990PartVIISectionAGrp/TitleTxt10Mgr of Operations
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
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IRS990/InvestmentsProgramRelatedGrp/EOYAmt015849671
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt033
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt052667135
IRS990/LandBldgEquipBasisNetGrp/EOYAmt054017953
IRS990/LandBldgEquipCostOrOtherBssAmt075303183
IRS990/LegalDomicileStateCd0KY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt030125895
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt0-12586
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0-12586
IRS990/MissionDesc0Provide electric service to member owners on a patronage basis. Serve an average of approximately 15,300 customers per month.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt042230385
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt040051998
IRS990/NetAssetsOrFundBalancesBOYAmt025391897
IRS990/NetAssetsOrFundBalancesEOYAmt026881486
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt04800
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt04800
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01254234
IRS990/OtherAssetsTotalGrp/EOYAmt01308874
IRS990/OtherChangesInNetAssetsAmt01551193
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01075488
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01075488
IRS990/OtherExpensesGrp/Desc0Cost of power
IRS990/OtherExpensesGrp/Desc1Distribution - maintenance
IRS990/OtherExpensesGrp/Desc2Administrative and general
IRS990/OtherExpensesGrp/Desc3Distribution - operations
IRS990/OtherExpensesGrp/ProgramServicesAmt017917378
IRS990/OtherExpensesGrp/ProgramServicesAmt13500339
IRS990/OtherExpensesGrp/ProgramServicesAmt22013625
IRS990/OtherExpensesGrp/ProgramServicesAmt31262833
IRS990/OtherExpensesGrp/TotalAmt017917378
IRS990/OtherExpensesGrp/TotalAmt13500339
IRS990/OtherExpensesGrp/TotalAmt22013625
IRS990/OtherExpensesGrp/TotalAmt31262833
IRS990/OtherLiabilitiesGrp/BOYAmt06326961
IRS990/OtherLiabilitiesGrp/EOYAmt08395335
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/BusinessCd2221000
IRS990/OtherRevenueMiscGrp/Desc0G&T capital credits
IRS990/OtherRevenueMiscGrp/Desc1Joint use rents
IRS990/OtherRevenueMiscGrp/Desc2Patronage cap credits
IRS990/OtherRevenueMiscGrp/ExclusionAmt01223640
IRS990/OtherRevenueMiscGrp/ExclusionAmt1498724
IRS990/OtherRevenueMiscGrp/ExclusionAmt2138681
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01223640
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1498724
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2138681
IRS990/OtherRevenueTotalAmt01848459
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02968183
IRS990/OtherSalariesAndWagesGrp/TotalAmt02968183
IRS990/OtherSourcesGrossIncomeAmt0659012
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0254478
IRS990/PayrollTaxesGrp/TotalAmt0254478
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0-981063
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0-897711
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0626062
IRS990/PensionPlanContributionsGrp/TotalAmt0626062
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt036842
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt056765
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/Desc0Other electric services
IRS990/ProgramServiceRevenueGrp/Desc1Provide electric service
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0113476
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt130012419
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0113476
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt130012419
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt02265283
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt030867
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt024844060
IRS990/PYOtherRevenueAmt01863302
IRS990/PYProgramServiceRevenueAmt030743688
IRS990/PYSalariesCompEmpBnftPaidAmt05528514
IRS990/PYTotalExpensesAmt032637857
IRS990/PYTotalRevenueAmt032637857
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt04800
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt026219945
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt027625912
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt054017953
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021285230
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt075303183
IRS990ScheduleD/ExpensesSubtotalAmt032008547
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03330597
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1170604
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21210055
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt33149525
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4534554
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accumulated postretirement benefits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Consumer advances for construction
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Customer deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Notes payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Other current and accrued liabilities
IRS990ScheduleD/RevenueSubtotalAmt032008547
IRS990ScheduleD/TotalBookValueLandBuildingsAmt054017953
IRS990ScheduleD/TotalBookValueProgramRltdAmt015849671
IRS990ScheduleD/TotalExpensesPerForm990Amt032008547
IRS990ScheduleD/TotalLiabilityAmt08395335
IRS990ScheduleD/TotalRevenuePerForm990Amt032008547
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt032008547
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt032008547
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1101353
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt075164
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt151193

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$77,808,837
Liabilities
$50,927,351
Net assets
$26,881,486
Revenue
$32,008,547
Expenses
$32,008,547
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$90.7$49.5$41.1$40.1$40.1$0.00
2023Detailed filing. Detailed filing data is available for this year.$92.6$52.3$40.3$41.1$41.1$0.00
2022Detailed filing. Detailed filing data is available for this year.$94.7$56.4$38.3$43.1$43.1$0.00
2021Detailed filing. Detailed filing data is available for this year.$91.9$58.1$33.8$34.3$34.3$0.00
2020Detailed filing. Detailed filing data is available for this year.$90.3$59.9$30.4$31.1$31.1$0.00
2019Detailed filing. Detailed filing data is available for this year.$82.9$54.3$28.6$32.6$32.6$0.00
2018Detailed filing. Detailed filing data is available for this year.$79.3$52.8$26.5$32.8$32.8$0.00
2017Detailed filing. Detailed filing data is available for this year.$77.3$51.7$25.6$28.2$29.7$1.54
2016Detailed filing. Detailed filing data is available for this year.$77.8$50.9$26.9$32.0$32.0$0.00
2015Detailed filing. Detailed filing data is available for this year.$76.0$50.6$25.4$32.6$32.6$0.00
2014Detailed filing. Detailed filing data is available for this year.$75.1$51.8$23.3$34.5$34.5$0.00
2013Detailed filing. Detailed filing data is available for this year.$72.9$51.4$21.5$34.1$34.1$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.4$49.8$18.7$31.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$66.3$47.9$18.4$31.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.2$47.3$17.9$29.5