Civic Intelligence

Sequachee Valley Electric Cooperative

990 • Fiscal year 2020 • EIN 62-0352367

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 04, 2021

PO Box 31South Pittsburg, TN 37380

(423) 837-8605

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.44x

Higher debt load relative to assets than 23% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

14th percentile

0.72x

Higher debt load relative to revenue than 14% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Net Margin

79th percentile

4.8%

Higher net margin than 79% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

52nd percentile

$346,209

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Asset Growth

90th percentile

11%

Faster asset growth than 90% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

56th percentile

-1.2%

Faster revenue growth than 56% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Assets

Up

$150,040,940

Up $15,374,358 (+11%) from 2019

Net Assets

Up

$84,247,302

Up $5,473,456 (+6.9%) from 2019

Liabilities

Up

$65,793,638

Up $9,900,902 (+18%) from 2019

Revenue

Down

$91,563,538

Down $1,147,664 (-1.2%) from 2019

Expenses

Down

$87,184,694

Down $2,346,551 (-2.6%) from 2019

Net Income

Up

$4,378,844

Up $1,198,887 (+38%) from 2019

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2010: $92,835,554Liabilities 2010: $40,891,204Net Assets 2010: $51,944,3502010Assets 2011: $96,935,306Liabilities 2011: $42,704,552Net Assets 2011: $54,230,7542011Assets 2012: $98,841,433Liabilities 2012: $41,612,208Net Assets 2012: $57,229,2252012Assets 2013: $104,388,529Liabilities 2013: $44,319,376Net Assets 2013: $60,069,1532013Assets 2014: $107,134,539Liabilities 2014: $43,829,938Net Assets 2014: $63,304,6012014Assets 2015: $109,659,046Liabilities 2015: $43,320,807Net Assets 2015: $66,338,2392015Assets 2016: $117,574,351Liabilities 2016: $49,066,110Net Assets 2016: $68,508,2412016Assets 2017: $122,879,035Liabilities 2017: $50,355,142Net Assets 2017: $72,523,8932017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $134,666,582Liabilities 2019: $55,892,736Net Assets 2019: $78,773,8462019Assets 2020: $150,040,940Liabilities 2020: $65,793,638Net Assets 2020: $84,247,3022020Assets 2021: $156,994,323Liabilities 2021: $63,416,020Net Assets 2021: $93,578,3032021Assets 2022: $165,775,520Liabilities 2022: $63,109,003Net Assets 2022: $102,666,5172022Assets 2023: $171,194,164Liabilities 2023: $61,392,830Net Assets 2023: $109,801,3342023Assets 2024: $180,374,420Liabilities 2024: $63,526,034Net Assets 2024: $116,848,3862024Assets 2025: $195,168,121Liabilities 2025: $70,296,101Net Assets 2025: $124,872,0202025

Highlighted filing

2020

Assets$150,040,940
Liabilities$65,793,638
Net Assets$84,247,302

Operations Trend

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

$150M$100M$50M$0Expenses 2010: $71,593,5232010Revenue 2011: $81,656,179Expenses 2011: $79,369,775Net Income 2011: $2,286,4042011Revenue 2012: $78,630,124Expenses 2012: $75,631,653Net Income 2012: $2,998,4712012Revenue 2013: $81,539,050Expenses 2013: $78,699,122Net Income 2013: $2,839,9282013Revenue 2014: $85,383,059Expenses 2014: $82,147,611Net Income 2014: $3,235,4482014Revenue 2015: $86,874,984Expenses 2015: $83,841,346Net Income 2015: $3,033,6382015Revenue 2016: $84,169,376Expenses 2016: $81,999,374Net Income 2016: $2,170,0022016Revenue 2017: $88,875,447Expenses 2017: $84,859,795Net Income 2017: $4,015,6522017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $92,711,202Expenses 2019: $89,531,245Net Income 2019: $3,179,9572019Revenue 2020: $91,563,538Expenses 2020: $87,184,694Net Income 2020: $4,378,8442020Revenue 2021: $97,074,458Expenses 2021: $87,679,832Net Income 2021: $9,394,6262021Revenue 2022: $105,669,415Expenses 2022: $96,622,670Net Income 2022: $9,046,7452022Revenue 2023: $112,585,937Expenses 2023: $105,813,126Net Income 2023: $6,772,8112023Revenue 2024: $112,012,967Expenses 2024: $104,899,096Net Income 2024: $7,113,8712024Revenue 2025: $121,157,075Expenses 2025: $113,066,623Net Income 2025: $8,090,4522025

Highlighted filing

2020

Revenue$91,563,538
Expenses$87,184,694
Net Income$4,378,844
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 4, 2021
Return Version
2019v5.0
Gross Receipts
$91,563,538
Mission and Program Overview

Mission

Svec is a service organization meeting our member/customers' energy and community needs.

Our mission is to provide sales of electricity to members and provide our members a monthly magazine and newsletter.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$114,658,261$125,990,609▲ $11,332,348
Rtn Earn Endowment Incm Other Fnds$78,773,846$84,247,302▲ $5,473,456
Savings and Temporary Cash Investments$2,111,437$6,003,243▲ $3,891,806
Other Notes and Loans Receivable, Net$2,867,368$2,997,943▲ $130,575
Cash and Non-Interest-Bearing Accounts$1,826,509$2,869,462▲ $1,042,953
Accounts Receivable$3,341,225$2,868,759▼ $472,466
Inventories for Sale or Use$1,307,498$1,431,092▲ $123,594
Prepaid Expenses and Deferred Charges$1,780,285$1,373,509▼ $406,776
Investments Program Related$913,490$935,880▲ $22,390
Total Assets$134,666,582$150,040,940▲ $15,374,358
Other Assets Total$5,860,509$5,570,443▼ $290,066
Liabilities
Mortgage Notes Payable Secured by Investment Property$35,072,344$50,401,657▲ $15,329,313
Accounts Payable and Accrued Expenses$13,515,794$10,897,087▼ $2,618,707
Other Liabilities$7,304,598$4,494,894▼ $2,809,704
Total Liabilities$55,892,736$65,793,638▲ $9,900,902
Net Assets / Fund Balance
Total Net Assets Fund Balance$78,773,846$84,247,302▲ $5,473,456
Total Liabilities and Net Assets / Fund Balance$134,666,582$150,040,940▲ $15,374,358

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$109,640,779$92,387,266$202,028,045
Buildings$8,011,791$3,453,095$11,464,886
Other Land Buildings$6,864,362-$6,864,362
Land$1,473,677-$1,175,122
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terry Michael PartinPresident/ceFT$235,917$110,292$346,209
Terry Michael PartinPresident/CEO-$224,181$131,298$346,209
Danny KirkendollVP-engineeriFT$159,751$96,900$256,651
Danny KirkendollVP-engineering & Ope-$143,512$112,881$256,651
F a Hatfield JrVP-admin. SeFT$158,969$78,469$237,438
F a Hatfield JrVP-admin. Services-$128,725$108,713$237,438
Susan B DuggarVP-customerFT$127,697$63,762$191,459
Susan B DuggarVP-customer Service-$110,186$72,261$191,459
Joel E RobertsLine ForemanFT$120,036$65,526$185,562
William DeakinsDistrict OpeFT$124,718$42,715$167,433
William DeakinsDistrict Oper. Manag-$42,121$123,688$167,433
Christopher L BrownLinemanFT$145,755$20,139$164,270
Andrew R NunleyLinemanFT$138,014$25,412$163,426
Michael JordanBoard Chairm-$9,175-$9,175
William GastonDirector-$8,715-$8,715
Jerry Don ThomasDirector-$7,265-$7,265
Bobby Gravitt JrDirector-$7,120-$7,120
Judy FultsSecretary/tr-$6,830-$6,830
Travis SmithDirector-$6,830-$6,830
Robert SherrillDirector-$6,540-$6,540
John NaleDirector-$6,540-$6,540
Roger PowellVice-chairma-$6,540-$6,540
Randall GilliamDirector-$5,500-$5,500
Daniel DavenportDirector-$4,905-$4,905

Highest Paid Contractors

ContractorServicesLocationCompensation
Loftis Underground LLCFiber Optic Cab1025 GREEN MEADOW RD, Cookeville, TN 38506$3,343,435
Kgp CompanyTelecommunicatiPO BOX 809017, Chicago, IL 60680$3,190,819
Lewis Tree Service INCTree TrimmingPO BOX 731897, Dallas, TX 75373-1897$2,663,381
Service ElectricLine ExtensionPO BOX 277790, Atlanta, GA 30384-7790$2,007,423
Stuart C Irby CoElec. ContractoPO BOX 741001, Atlanta, GA 30384$1,484,630
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$91,032,340
Investment Income
$531,188
Other Revenue
$10
Change in Net Assets
$4,378,844
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$76,270,217
Salaries, Compensation, and Employee Benefits$10,914,477
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$6,862,015
Other Salaries and Wages---$6,356,907
Other Employee Benefits---$2,230,078
Interest---$1,783,944
Occupancy---$1,549,312
Pension Plan Contributions---$996,287
Current Officers, Directors, Trustees, and Key Employees---$830,368
Information Technology---$507,659
Payroll Taxes---$500,837
Office Expenses---$370,994
Insurance---$329,225
Advertising---$178,415
Other Expenses---$131,680
Travel---$122,973
Conferences and Meetings---$27,774
Fees for Services Legal---$21,253
Fees for Services Management---$20,566
Fees for Services Accounting---$20,125
Total Functional Expenses$0$0$0$87,184,694
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Bhs Professional Group LLCSee Part VSee Part VNo$300,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$3,562,609
Loan From Sv Services$700,000
Deferred Compensation$232,285
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization is a nonprofit electric cooperative that is member owned. There is only one class of members. All members have the right to elect the members of the board of directors (the governing body of svec).

Form 990, Page 6, Part VI, Line 7A

The members of the cooperative elect elect board members based on which district the member lives in. Board members must live in the district they represent and serve four-year terms.

Form 990, Page 6, Part VI, Line 11B

The board chairman, ceo, coo and vp of administrative services review the irs form 990 prior to its issuance.

Form 990, Page 6, Part VI, Line 12C

The directors are asked to complete a survey each year to ensure there are no conflicts of interest.

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

The chairman of the board reviews the ceo compensation annually to comparative data from cooperativesfrom state and national organizations.

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

The ceo determines the compensation of the key employees based upon information of peer groups supplied by state and national cooperative associations.

Form 990, Page 6, Part VI, Line 19

The bylaws are available on the cooperatives website and are available to members and nonmembers. Other information regarding the cooperative is sent out in the monthly newsletter and magazine.

Filing and Contact Details

Filer

Filer Name
Sequachee Valley Electric
EIN
62-0352367
Phone
4238378605
Address
PO BOX 31, SOUTH PITTSBURG, TN 37380

Signing Officer

Name
Michael Jordan
Title
Board Chairman
Phone
4238378605
Signed
2021-01-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Jordan
Formed
1939
Legal Domicile
Tn
Voting Board Members
11
Independent Board Members
10
Employees
93

Preparer

Firm
Winnett Associates Pllc
Address
PO BOX 745, SHELBYVILLE, TN 37162-0745
Preparer
Patrick R Lile
Phone
9316847142
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Actuarial gain - postretirement ben. Oblig. - heal 1,158,237 amortization - postretirement ben. Oblig. - health -63,625 total 1,094,612

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1763762
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IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL JORDAN
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM GASTON
IRS990/Form990PartVIISectionAGrp/PersonNm2JERRY DON THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm3BOBBY GRAVITT JR
IRS990/Form990PartVIISectionAGrp/PersonNm4JUDY FULTS
IRS990/Form990PartVIISectionAGrp/PersonNm5TRAVIS SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT SHERRILL
IRS990/Form990PartVIISectionAGrp/PersonNm7JOHN NALE
IRS990/Form990PartVIISectionAGrp/PersonNm8ROGER POWELL
IRS990/Form990PartVIISectionAGrp/PersonNm9RANDALL GILLIAM
IRS990/Form990PartVIISectionAGrp/PersonNm10DANIEL DAVENPORT
IRS990/Form990PartVIISectionAGrp/PersonNm11TERRY MICHAEL PARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm12F A HATFIELD JR
IRS990/Form990PartVIISectionAGrp/PersonNm13DANNY KIRKENDOLL
IRS990/Form990PartVIISectionAGrp/PersonNm14CHRISTOPHER L BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm15ANDREW R NUNLEY
IRS990/Form990PartVIISectionAGrp/PersonNm16JOEL E ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm17SUSAN B DUGGAR
IRS990/Form990PartVIISectionAGrp/PersonNm18WILLIAM DEAKINS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18715
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt27265
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt37120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt46830
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt56830
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIRM
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE-CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT/CE
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP-ADMIN. SE
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP-ENGINEERI
IRS990/Form990PartVIISectionAGrp/TitleTxt14LINEMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt15LINEMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt16LINE FOREMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt17VP-CUSTOMER
IRS990/Form990PartVIISectionAGrp/TitleTxt18DISTRICT OPE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01939
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IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0622
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0622
IRS990/GrossReceiptsAmt091563538
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IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt010
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0507659
IRS990/InsuranceGrp/TotalAmt0329225
IRS990/InterestGrp/TotalAmt01783944
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01307498
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01431092
IRS990/InvestmentIncomeGrp/ExclusionAmt0530566
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0530566
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IRS990/InvestmentsProgramRelatedGrp/BOYAmt0913490
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0935880
IRS990/IRPDocumentCnt0104
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt095840361
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0114658261
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0125990609
IRS990/LandBldgEquipCostOrOtherBssAmt0221830970
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt086601563
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SVEC IS A SERVICE ORGANIZATION MEETING OUR MEMBER/CUSTOMERS' ENERGY AND COMMUNITY NEEDS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt050401657
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IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0622
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0622
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt01549312
IRS990/OfficeExpensesGrp/TotalAmt0370994
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05860509
IRS990/OtherAssetsTotalGrp/EOYAmt05570443
IRS990/OtherChangesInNetAssetsAmt01094612
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02230078
IRS990/OtherExpensesGrp/Desc0COST OF POWER PURCHASED
IRS990/OtherExpensesGrp/Desc1COST OF SERVICE-SV CONNEC
IRS990/OtherExpensesGrp/Desc2FIBER DISTRIBUTION
IRS990/OtherExpensesGrp/Desc3ALL OTHER EXPENSES
IRS990/OtherExpensesGrp/TotalAmt062529485
IRS990/OtherExpensesGrp/TotalAmt11156266
IRS990/OtherExpensesGrp/TotalAmt2658531
IRS990/OtherExpensesGrp/TotalAmt3131680
IRS990/OtherLiabilitiesGrp/BOYAmt07304598
IRS990/OtherLiabilitiesGrp/EOYAmt04494894
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER NONOPERATING REVENUE
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010
IRS990/OtherRevenueTotalAmt010
IRS990/OtherSalariesAndWagesGrp/TotalAmt06356907
IRS990/OtherSourcesGrossIncomeAmt0531188
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02867368
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02997943
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IRS990/PayrollTaxesGrp/TotalAmt0500837
IRS990/PensionPlanContributionsGrp/TotalAmt0996287
IRS990/PoliticalCampaignActyInd0true
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01373509
IRS990/PrincipalOfficerNm0MICHAEL JORDAN
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IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2531190
IRS990/ProgramServiceRevenueGrp/BusinessCd3531190
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE REVENUE - SV CONNECT
IRS990/ProgramServiceRevenueGrp/Desc2POLE RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc3LEASE OF FIBER
IRS990/ProgramServiceRevenueGrp/ExclusionAmt01940048
IRS990/ProgramServiceRevenueGrp/ExclusionAmt128440
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt086601563
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt086601563
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12462289
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21940048
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt328440
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVISION OF BROADBAND INTERNET ACCESS, TV AND TELECOMMUNICATIONS SERVICES VIA FIBER OPTIC NETWORK TO RURAL HOMES AND BUSINESSES LOCATED IN MARION COUNTY, TENNESSEE.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0491881
IRS990/PYOtherExpensesAmt077350741
IRS990/PYProgramServiceRevenueAmt092219321
IRS990/PYRevenuesLessExpensesAmt03179957
IRS990/PYSalariesCompEmpBnftPaidAmt012180504
IRS990/PYTotalExpensesAmt089531245
IRS990/PYTotalRevenueAmt092711202
IRS990/ReconcilationRevenueExpnssAmt04378844
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt084247302
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02111437
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06003243
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/Section527PoliticalOrgGrp/ContributionsRcvdDlvrAmt03125
IRS990ScheduleC/Section527PoliticalOrgGrp/EIN0530116145
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine1Txt0NRECA ACTION COMMITTEE FOR RURAL
IRS990ScheduleC/Section527PoliticalOrgGrp/OrganizationBusinessName/BusinessNameLine2Txt0ELECTRIFICATION
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/AddressLine1Txt04301 WILSON BOULEVARD
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/CityNm0ARLINGTON
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd022203

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$195$70.3$125$121$113$8.09
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$180$63.5$117$112$105$7.11
2023Detailed filing. Detailed filing data is available for this year.$171$61.4$110$113$106$6.77
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$166$63.1$103$106$96.6$9.05
2021Detailed filing. Detailed filing data is available for this year.$157$63.4$93.6$97.1$87.7$9.39
2020Detailed filing. Detailed filing data is available for this year.$150$65.8$84.2$91.6$87.2$4.38
2019Detailed filing. Detailed filing data is available for this year.$135$55.9$78.8$92.7$89.5$3.18
2018Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2017Summary only. Only limited summary data is available for this year.$123$50.4$72.5$88.9$84.9$4.02
2016Summary only. Only limited summary data is available for this year.$118$49.1$68.5$84.2$82.0$2.17
2015Summary only. Only limited summary data is available for this year.$110$43.3$66.3$86.9$83.8$3.03
2014Summary only. Only limited summary data is available for this year.$107$43.8$63.3$85.4$82.1$3.24
2013Summary only. Only limited summary data is available for this year.$104$44.3$60.1$81.5$78.7$2.84
2012Summary only. Only limited summary data is available for this year.$98.8$41.6$57.2$78.6$75.6$3.00
2011Summary only. Only limited summary data is available for this year.$96.9$42.7$54.2$81.7$79.4$2.29
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$92.8$40.9$51.9$71.6