Civic Intelligence

Pickwick Electric Cooperative

990 • Fiscal year 2015 • EIN 62-0325390

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 06, 2015

Organization ProfileWWW.PICKWICK-ELECTRIC.COM
PO Box 49 672 Hwy 142Selmer, TN 38375

(731) 434-0611

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.55x

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

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

33rd percentile

1.14x

Higher debt load relative to revenue than 33% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Net Margin

51st percentile

0.2%

Higher net margin than 51% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

66th percentile

$243,819

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2015

Asset Growth

26th percentile

1.1%

Faster asset growth than 26% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

50th percentile

-2.1%

Faster revenue growth than 50% of similar nonprofits.

2015 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$89,475,955

Up $979,638 (+1.1%) from 2014

Net Assets

Down

$40,475,820

Down $160,478 (-0.4%) from 2014

Liabilities

Up

$49,000,135

Up $1,140,116 (+2.4%) from 2014

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin51st percentile

Revenue

Down

$42,845,411

Down $930,597 (-2.1%) from 2014

Expenses

Up

$42,773,905

Up $332,465 (+0.8%) from 2014

Net Income

Down

$71,506

Down $1,263,062 (-95%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$100M$50M$0Assets 2011: $71,449,908Liabilities 2011: $34,910,914Net Assets 2011: $36,538,9942011Assets 2012: $72,799,700Liabilities 2012: $34,973,723Net Assets 2012: $37,825,9772012Assets 2013: $74,176,269Liabilities 2013: $34,875,039Net Assets 2013: $39,301,2302013Assets 2014: $88,496,317Liabilities 2014: $47,860,019Net Assets 2014: $40,636,2982014Assets 2015: $89,475,955Liabilities 2015: $49,000,135Net Assets 2015: $40,475,8202015Assets 2016: $88,603,879Liabilities 2016: $48,216,537Net Assets 2016: $40,387,3422016Assets 2017: $88,634,950Liabilities 2017: $47,065,561Net Assets 2017: $41,569,3892017Assets 2018: $89,347,091Liabilities 2018: $46,627,438Net Assets 2018: $42,719,6532018Assets 2019: $89,648,900Liabilities 2019: $45,132,932Net Assets 2019: $44,515,9682019Assets 2020: $91,099,839Liabilities 2020: $44,931,557Net Assets 2020: $46,168,2822020Assets 2021: $91,581,390Liabilities 2021: $43,625,091Net Assets 2021: $47,956,2992021Assets 2022: $93,706,292Liabilities 2022: $44,725,024Net Assets 2022: $48,981,2682022Assets 2023: $93,115,013Liabilities 2023: $42,290,982Net Assets 2023: $50,824,0312023Assets 2024: $91,080,390Liabilities 2024: $40,245,103Net Assets 2024: $50,835,2872024Assets 2025: $96,217,805Liabilities 2025: $44,114,028Net Assets 2025: $52,103,7772025

Highlighted filing

2015

Assets$89,475,955
Liabilities$49,000,135
Net Assets$40,475,820
Open 2015 Filing

Operations Trend

Revenue Growth50th percentile

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

$60M$40M$20M$0-$20MExpenses 2011: $42,556,8652011Revenue 2012: $42,527,038Expenses 2012: $41,240,955Net Income 2012: $1,286,0832012Expenses 2013: $41,431,0872013Revenue 2014: $43,776,008Expenses 2014: $42,441,440Net Income 2014: $1,334,5682014Revenue 2015: $42,845,411Expenses 2015: $42,773,905Net Income 2015: $71,5062015Revenue 2016: $41,745,305Expenses 2016: $41,851,530Net Income 2016: -$106,2252016Revenue 2017: $44,563,847Expenses 2017: $43,382,435Net Income 2017: $1,181,4122017Revenue 2018: $45,667,461Expenses 2018: $44,515,672Net Income 2018: $1,151,7892018Revenue 2019: $46,644,421Expenses 2019: $44,848,281Net Income 2019: $1,796,1402019Revenue 2020: $45,323,595Expenses 2020: $43,672,341Net Income 2020: $1,651,2542020Revenue 2021: $44,467,274Expenses 2021: $42,674,217Net Income 2021: $1,793,0572021Revenue 2022: $47,229,186Expenses 2022: $46,203,647Net Income 2022: $1,025,5392022Revenue 2023: $51,978,999Expenses 2023: $50,132,691Net Income 2023: $1,846,3082023Revenue 2024: $50,272,164Expenses 2024: $50,261,358Net Income 2024: $10,8062024Revenue 2025: $54,032,039Expenses 2025: $52,764,119Net Income 2025: $1,267,9202025

Highlighted filing

2015

Revenue$42,845,411
Expenses$42,773,905
Net Income$71,506
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 6, 2015
Return Version
2014v5.0
Gross Receipts
$42,845,763
Mission and Program Overview

Mission

Providing reasonably priced electricity to rural consumers in the tennessee valley region

To provide reasonably priced electricity to rural consumers in the tennessee valley region

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$71,555,964$78,125,756▲ $6,569,792
Rtn Earn Endowment Incm Other Fnds$40,544,428$40,383,065▼ $161,363
Accounts Receivable$2,632,055$5,047,254▲ $2,415,199
Savings and Temporary Cash Investments$11,532,820$3,752,905▼ $7,779,915
Inventories for Sale or Use$654,139$592,885▼ $61,254
Cash and Non-Interest-Bearing Accounts$367,311$217,687▼ $149,624
Prepaid Expenses and Deferred Charges$123,543$106,571▼ $16,972
Cap Stk Tr Prin Current Funds$91,870$92,755▲ $885
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$88,496,317$89,475,955▲ $979,638
Other Assets Total$1,630,485$1,632,897▲ $2,412
Liabilities
Mortgage Notes Payable Secured by Investment Property$39,489,936$40,736,134▲ $1,246,198
Accounts Payable and Accrued Expenses$6,716,445$6,606,419▼ $110,026
Other Liabilities$1,653,638$1,657,582▲ $3,944
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$47,860,019$49,000,135▲ $1,140,116
Net Assets / Fund Balance
Total Net Assets Fund Balance$40,636,298$40,475,820▼ $160,478
Total Liabilities and Net Assets / Fund Balance$88,496,317$89,475,955▲ $979,638

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$63,591,093$17,112,828$80,703,921
Buildings$13,142,411$845,817$13,988,228
Other Land Buildings$748,942$0$748,942
Land$643,310-$643,310
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karl DudleyPresidentFT$187,486$56,333$243,819
John BowersPresidentFT$123,093$37,353$160,446
Steve KingVP of FinanceFT$101,226$37,372$138,598
John RobertsBoard MemberPT$9,050-$9,050
Shawn SmithSecretaryPT$8,600-$8,600
James a MartinBoard MemberPT$8,450-$8,450
Harold FinleyBoard MemberPT$7,950-$7,950
Owen Lee QuallsVice ChairmanPT$7,850-$7,850
Joe PresleyBoard MemberPT$7,850-$7,850
Billy SurrattBoard Member-$7,150-$7,150
Ronnie FullwoodChairman-$5,150-$5,150
Ray AllisonTreasurer-$4,250-$4,250

Highest Paid Contractors

ContractorServicesLocationCompensation
Southern Electric CorpElectric Line MaintenancePO BOX 320398, Flowood, MS 39232$583,037
Seelbach & CompanyRow TrimmingPO BOX 987, Lawrenceville, GA 30046$340,680
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$42,807,261
Investment Income
$34,902
Other Revenue
$3,248
Change in Net Assets
$71,506

Audited Revenue Reconciliation

Revenue per Audited Statements
$42,845,411
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$42,845,411
Total Revenue per Form 990
$42,845,411
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$36,563,538
Salaries, Compensation, and Employee Benefits$6,210,367
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$30,758,318$0$0$30,758,318
Other Salaries and Wages$3,856,336$0$0$3,856,336
Depreciation Depletion$2,898,396$0$0$2,898,396
Interest$1,294,023$0$0$1,294,023
Pension Plan Contributions$1,026,815$0$0$1,026,815
Occupancy$785,222$0$0$785,222
Other Employee Benefits$533,106$0$0$533,106
Current Officers, Directors, Trustees, and Key Employees$475,628$0$0$475,628
Payroll Taxes$318,482$0$0$318,482
Office Expenses$310,929$0$0$310,929
Insurance$306,696$0$0$306,696
Advertising$119,894$0$0$119,894
Fees for Services Legal$37,076$0$0$37,076
Fees for Services Other$36,734$0$0$36,734
Fees for Services Accounting$16,250$0$0$16,250
Total Functional Expenses$42,773,905$0$0$42,773,905

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$42,773,905
Total Expenses per Audited Statements$42,773,905
Total Expenses per Form 990$42,773,905
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Refundable Customer Deposits$1,657,582
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 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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Any natural person, firm, association, corporation, cooperative, government entity etc. Shall be eligible to become a member to receive electric service”

Form 990, Part VI, Section A, Line 7A

“Each member shall be entitled to only one vote in a district meeting to decide the board of directors. The members vote in their respective districts for one of the nine board of director positions.”

Form 990, Part VI, Section B, Line 11B

“A copy of the form 990 was provided to the president and management for review before it was filed. A copy was then provided to the board of directors for review the month that it was filed.”

Form 990, Part VI, Section B, Line 12C

“All key employees and members of the board are required to disclose all conflict of interest issues to the organization. No board of director shall remain in that capacity if he or she is a close relative of another director or employee, has a financial interest in a competing enterprise, or a business selling supplies to the cooperative.”

Form 990, Part VI, Section B, Line 15

“The president's compensation package is reviewed and approved annually by the board of directors. Comparability data, surveys and industry standards were used in the decision process.”

Form 990, Part VI, Section C, Line 19

“Pickwick electric cooperative's governing documents and conflict of interest policy are detailed in the organization's by-laws. The by-laws are available to the public at the main office, district meetings, annual meeting and on the organization's website. The annual financial statement and independent audit report are available to the public upon request and in the tennessee magazine which is mailed to all members of the cooperative.”

Filing and Contact Details

Filer

Filer Name
Pickwick Electric Cooperative
EIN
62-0325390
Phone
7314340611
Address
PO BOX 49 672 HWY 142, SELMER, TN 38375

Signing Officer

Name
Chris Combs
Title
Accounting Manager
Phone
7314340611
Signed
2015-11-06

Organization Details

Principal Officer
John Bowers
Formed
1935
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
72
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Two prior period adjustments were made based on our external independent auditors in the amount of 298,812 and 65,943. Also, an increase in memberships was realized in the amount of 885. These three items constitute the line 9 amount of 231,984.”

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt956333
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1037353
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1137372
IRS990/Form990PartVIISectionAGrp/PersonNm0RONNIE FULLWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm1OWEN LEE QUALLS
IRS990/Form990PartVIISectionAGrp/PersonNm2RAY ALLISON
IRS990/Form990PartVIISectionAGrp/PersonNm3SHAWN SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm4HAROLD FINLEY
IRS990/Form990PartVIISectionAGrp/PersonNm5JAMES A MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm6JOHN ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm7BILLY SURRATT
IRS990/Form990PartVIISectionAGrp/PersonNm8JOE PRESLEY
IRS990/Form990PartVIISectionAGrp/PersonNm9KARL DUDLEY
IRS990/Form990PartVIISectionAGrp/PersonNm10JOHN BOWERS
IRS990/Form990PartVIISectionAGrp/PersonNm11STEVE KING
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt05150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17850
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt38600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt47950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt58450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt69050
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt77150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt87850
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9187486
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10123093
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11101226
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP OF FINANCE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01935
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt042845763
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt03600
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt0306696
IRS990/InsuranceGrp/TotalAmt0306696
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt01294023
IRS990/InterestGrp/TotalAmt01294023
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0654139
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0592885
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt034902
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt034902
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt020
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017958645
IRS990/LandBldgEquipBasisNetGrp/BOYAmt071555964
IRS990/LandBldgEquipBasisNetGrp/EOYAmt078125756
IRS990/LandBldgEquipCostOrOtherBssAmt096084401
IRS990/LegalDomicileStateCd0TN
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt0352
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt042845411
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDING REASONABLY PRICED ELECTRICITY TO RURAL CONSUMERS IN THE TENNESSEE VALLEY REGION
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt039489936
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt040736134
IRS990/NetAssetsOrFundBalancesBOYAmt040636298
IRS990/NetAssetsOrFundBalancesEOYAmt040475820
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt03248
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03248
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt0785222
IRS990/OccupancyGrp/TotalAmt0785222
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0310929
IRS990/OfficeExpensesGrp/TotalAmt0310929
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01630485
IRS990/OtherAssetsTotalGrp/EOYAmt01632897
IRS990/OtherChangesInNetAssetsAmt0-231984
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0533106
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0533106
IRS990/OtherExpensesGrp/Desc0PURCHASED ELECTRICITY
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt030758318
IRS990/OtherExpensesGrp/TotalAmt030758318
IRS990/OtherLiabilitiesGrp/BOYAmt01653638
IRS990/OtherLiabilitiesGrp/EOYAmt01657582
IRS990/OtherOrganizationDsc0COOPERATIVE
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03856336
IRS990/OtherSalariesAndWagesGrp/TotalAmt03856336
IRS990/OtherSourcesGrossIncomeAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0318482
IRS990/PayrollTaxesGrp/TotalAmt0318482
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01026815
IRS990/PensionPlanContributionsGrp/TotalAmt01026815
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0123543
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0106571
IRS990/PrincipalOfficerNm0JOHN BOWERS
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0PROVIDING ELECTRICITY
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt042807261
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt042807261
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$89,475,955
Liabilities
$49,000,135
Net assets
$40,475,820
Revenue
$42,845,411
Expenses
$42,773,905
Net income
$71,506
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$96.2$44.1$52.1$54.0$52.8$1.27
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$91.1$40.2$50.8$50.3$50.3$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$93.1$42.3$50.8$52.0$50.1$1.85
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$93.7$44.7$49.0$47.2$46.2$1.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$91.6$43.6$48.0$44.5$42.7$1.79
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$91.1$44.9$46.2$45.3$43.7$1.65
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$89.6$45.1$44.5$46.6$44.8$1.80
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$89.3$46.6$42.7$45.7$44.5$1.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$88.6$47.1$41.6$44.6$43.4$1.18
2016Detailed filing. Detailed filing data is available for this year.$88.6$48.2$40.4$41.7$41.9$0.11
2015Detailed filing. Detailed filing data is available for this year.$89.5$49.0$40.5$42.8$42.8$0.07
2014Detailed filing. Detailed filing data is available for this year.$88.5$47.9$40.6$43.8$42.4$1.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.2$34.9$39.3$41.4
2012Summary only. Only limited summary data is available for this year.$72.8$35.0$37.8$42.5$41.2$1.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$71.4$34.9$36.5$42.6