Civic Intelligence

Tri-County Electric Membership Corporation

990 • Fiscal year 2017 • EIN 62-0387653

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 26, 2017

Organization Profilewww.tcemc.org

View Organization Page

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405 College StreetLafayette, TN 37083

(615) 666-2111

Siviq Scores

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

Liabilities / Assets

11th percentile

0.33x

Higher debt load relative to assets than 11% of similar nonprofits.

2017 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2017

Liabilities / Revenue

5th percentile

0.41x

Higher debt load relative to revenue than 5% of similar nonprofits.

2017 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2017

Net Margin

74th percentile

2.9%

Higher net margin than 74% of similar nonprofits.

2017 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2017

Top Officer Pay

55th percentile

$312,708

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2017 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2017

Asset Growth

15th percentile

-0.2%

Faster asset growth than 15% of similar nonprofits.

2017 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Revenue Growth

86th percentile

8.2%

Faster revenue growth than 86% of similar nonprofits.

2017 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets11th percentile

Assets

Down

$160,479,895

Down $329,163 (-0.2%) from 2016

Net Assets

Down

$106,834,393

Down $1,775,809 (-1.6%) from 2016

Liabilities

Up

$53,645,502

Up $1,446,646 (+2.8%) from 2016

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin74th percentile

Revenue

Up

$129,443,620

Up $9,771,735 (+8.2%) from 2016

Expenses

Up

$125,706,659

Up $8,922,968 (+7.6%) from 2016

Net Income

Up

$3,736,961

Up $848,767 (+29%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$300M$200M$100M$0Assets 2011: $139,006,845Liabilities 2011: $50,965,980Net Assets 2011: $88,040,8652011Assets 2012: $142,198,927Liabilities 2012: $4,948,482Net Assets 2012: $137,250,4452012Assets 2013: $154,670,408Liabilities 2013: $56,989,004Net Assets 2013: $97,681,4042013Assets 2014: $159,231,534Liabilities 2014: $55,523,394Net Assets 2014: $103,708,1402014Assets 2015: $159,522,283Liabilities 2015: $53,613,171Net Assets 2015: $105,909,1122015Assets 2016: $160,809,058Liabilities 2016: $52,198,856Net Assets 2016: $108,610,2022016Assets 2017: $160,479,895Liabilities 2017: $53,645,502Net Assets 2017: $106,834,3932017Assets 2018: $168,009,476Liabilities 2018: $56,005,064Net Assets 2018: $112,004,4122018Assets 2019: $173,083,476Liabilities 2019: $54,649,597Net Assets 2019: $118,433,8792019Assets 2020: $189,992,959Liabilities 2020: $62,621,934Net Assets 2020: $127,371,0252020Assets 2021: $202,653,400Liabilities 2021: $66,432,118Net Assets 2021: $136,221,2822021Assets 2022: $217,353,336Liabilities 2022: $62,869,002Net Assets 2022: $154,484,3342022Assets 2023: $220,282,810Liabilities 2023: $58,048,563Net Assets 2023: $162,234,2472023Assets 2024: $227,583,980Liabilities 2024: $56,903,699Net Assets 2024: $170,680,2812024

Highlighted filing

2017

Assets$160,479,895
Liabilities$53,645,502
Net Assets$106,834,393
Open 2017 Filing

Operations Trend

Revenue Growth86th percentile

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

$200M$150M$100M$50M$0Revenue 2011: $121,171,263Expenses 2011: $115,219,095Net Income 2011: $5,952,1682011Revenue 2012: $110,993,542Expenses 2012: $104,761,972Net Income 2012: $6,231,5702012Expenses 2013: $106,104,0982013Revenue 2014: $118,049,973Expenses 2014: $112,283,251Net Income 2014: $5,766,7222014Revenue 2015: $116,137,759Expenses 2015: $112,628,574Net Income 2015: $3,509,1852015Revenue 2016: $119,671,885Expenses 2016: $116,783,691Net Income 2016: $2,888,1942016Revenue 2017: $129,443,620Expenses 2017: $125,706,659Net Income 2017: $3,736,9612017Revenue 2018: $134,032,346Expenses 2018: $128,671,088Net Income 2018: $5,361,2582018Revenue 2019: $132,158,671Expenses 2019: $125,944,025Net Income 2019: $6,214,6462019Revenue 2020: $125,250,731Expenses 2020: $116,723,317Net Income 2020: $8,527,4142020Revenue 2021: $128,697,666Expenses 2021: $117,432,769Net Income 2021: $11,264,8972021Revenue 2022: $143,230,071Expenses 2022: $132,496,661Net Income 2022: $10,733,4102022Revenue 2023: $150,554,249Expenses 2023: $143,411,932Net Income 2023: $7,142,3172023Revenue 2024: $147,312,290Expenses 2024: $140,117,211Net Income 2024: $7,195,0792024

Highlighted filing

2017

Revenue$129,443,620
Expenses$125,706,659
Net Income$3,736,961
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 26, 2017
Return Version
2016v3.0
Gross Receipts
$129,443,620
Mission and Program Overview

Mission

Distribution of electricity to over 54,000 metered locations in South Central Kentucky and Northern Middle Tennessee.

To be the provider of choice for energy related services by exceeding customer expectations and providing community leadership--your partner in a changing and competitive world

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$128,418,901$129,508,958▲ $1,090,057
Rtn Earn Endowment Incm Other Fnds$108,413,722$106,636,218▼ $1,777,504
Savings and Temporary Cash Investments$5,427,000$5,551,000▲ $124,000
Accounts Receivable$6,074,589$5,000,305▼ $1,074,284
Inventories for Sale or Use$3,094,852$2,848,671▼ $246,181
Other Notes and Loans Receivable, Net$2,540,835$2,355,519▼ $185,316
Cash and Non-Interest-Bearing Accounts$1,151,772$2,127,891▲ $976,119
Prepaid Expenses and Deferred Charges$1,023,363$914,291▼ $109,072
Cap Stk Tr Prin Current Funds$196,480$198,175▲ $1,695
Pledges and Grants Receivable$0--
Receivable From Disqualified Prsn$0--
Receivables From Officers Etc$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$160,809,058$160,479,895▼ $329,163
Other Assets Total$13,077,746$12,173,260▼ $904,486
Liabilities
Tax Exempt Bond Liabilities$24,165,676$21,138,323▼ $3,027,353
Other Liabilities$12,774,106$16,602,244▲ $3,828,138
Accounts Payable and Accrued Expenses$15,259,074$15,904,935▲ $645,861
Total Liabilities$52,198,856$53,645,502▲ $1,446,646
Net Assets / Fund Balance
Total Net Assets Fund Balance$108,610,202$106,834,393▼ $1,775,809
Total Liabilities and Net Assets / Fund Balance$160,809,058$160,479,895▼ $329,163

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$118,848,734$67,219,593$186,068,327
Equipment$5,575,356$9,416,351$14,991,707
Buildings$3,737,465$1,648,331$5,385,796
Land$1,347,403-$1,347,403
Leasehold Improvements$0$0$0
Other Assets Org$1,509,102--
Compensation and Service Providers
Top Officer Pay55th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul ThompsonExec. V.P. & General ManagerFT$202,574$109,134$311,708
Glenn HaleDirector of Finance & AdministrationFT$110,596$55,801$166,397
Jimmy BeechamDirector of EngineeringFT$109,751$56,645$166,396
Ralph LawDirector of OperationsFT$127,611$19,484$147,095
Mike MillerDirector-$8,250$17,191$25,441
Bret CarverDirector-$7,750$17,191$24,941
Jack OsgatharpDirector-$7,250$17,191$24,441
Jeffery DowningDirector-$7,250$17,191$24,441
T P Thompson JrDirector-$8,500$11,119$19,619
Veachel HarlanDirector-$8,250$8,692$16,942
Ray GoadDirector-$8,250$8,667$16,917
Ronald BaileyDirector-$6,750$8,735$15,485
George CowanDirector-$3,500$8,692$12,192
Tony BentleDirector-$8,000$425$8,425

Highest Paid Contractors

ContractorServicesLocationCompensation
Progressive SolutionsRight of Way SprayingPO Box 825724, Philadelphia, PA 19182-5124$340,426
Joel's South Central Roofing LLCRoofing Contractor65 Chism Spur Road, Burkesville, KY 42717$151,314
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$128,789,648
Investment Income
$653,972
Other Revenue
$0
Change in Net Assets
$3,736,961

Audited Revenue Reconciliation

Revenue per Audited Statements
$129,443,620
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$129,443,620
Total Revenue per Form 990
$129,443,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$116,155,412
Salaries, Compensation, and Employee Benefits$9,551,247
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$7,124,469
Other Salaries and Wages---$5,187,248
Fees for Services Other---$2,232,000
Other Employee Benefits---$1,985,350
All Other Expenses---$1,856,494
Interest---$1,326,523
Other Expenses---$1,275,153
Pension Plan Contributions---$1,070,329
Current Officers, Directors, Trustees, and Key Employees---$889,260
Travel---$792,170
Information Technology---$425,353
Payroll Taxes---$419,060
Insurance---$278,771
Office Expenses---$258,989
Fees for Services Legal---$103,862
Fees for Services Accounting---$13,000
Total Functional Expenses$0$0$0$125,706,659

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$125,706,659
Total Expenses per Audited Statements$125,706,659
Total Expenses per Form 990$125,706,659
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
Receivables from Disqualified Persons$0--
Receivables from Officers, Directors, Trustees, and Key Employees$0--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Post Retirement Benefits$9,170,083
Customer Deposits$2,575,745
Accrued Vacation & Sick Leave$1,835,262
Heat Pump Loans Payable$1,546,980
Accrued Property Taxes$747,275
Other Accrued Expenses$392,755
Accrued Payroll$300,689
Accrued Interest Expense$33,455
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

“Part VI, Line 6 - All customers are charged a $5 refundable fee at time of application for service”

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

“Part VI, Line 7a - Each member of the cooperative has equal rights and privileges. Each member is entitled to one vote on matters that are brought before the membership. The service territory is divided into 10 districts. Members within each district nominate and elect candidates to serve on the Cooperative Board of Directors.”

Form 990, Part VI, Section A, Line 9

“Ronald Bailey, 4445 Gainsboro Highway, Celina, TN 38551; Tony Bentle, 1125 Rainbow Circle, Westmoreland, TN 37186; Bret Carver, 1399 Green Grove Road, Burkesville, TN 42717; George Cowan, PO Box 358, Edmonton, KY 42129; Jeff Downing, 469 Duns Ford Road, Fountain Run, KY 42133; Ray Goad, 4384 Long Creek Road, Lafayette, TN 37083; Veachel Harlan, 221 7th Street, Tompkinsville, KY 42167; Mark Linkous, PO Box 337, Edmonton, KY 42129; Mike Miller, 2174 Briarfield Road, Scottsville, KY 42164; Jack Osgatharp, 8531 Red Boiling Springs Road, Lafayette, TN 37083; T. P. Thompson, Jr., 730 Lock Six Road, Hartsville, TN 37074”

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

“Return not reviewed with governing body.”

Form 990, Part VI, Section B, Line 15

“All compenstation and benefits are approved by the Board of Directors. Comparisons are made with other cooperatives on state and regional basis to establish adequacy of such benefits. Compensation levels are administered by the General Manager.”

Form 990, Part VI, Section C, Line 19

“The documents are provided upon request. Summary financial information is provided to members at the annual membership meeting.”

Filing and Contact Details

Filer

Filer Name
Tri-county Electric Membership
EIN
62-0387653
Phone
6156662111
Address
405 College Street, Lafayette, TN 37083

Signing Officer

Name
Ray Goad
Title
Secretary
Phone
6156662111
Signed
2017-10-26

Organization Details

Principal Officer
Paul Thompson
Formed
1936
Legal Domicile
Tn
Voting Board Members
10
Independent Board Members
10
Employees
141
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Right of Way Maintenance - $2,232,000”

Form 990, Part XI, Line 9

“Change is Post Retirement Benefit Program - ($3,340,823.00); Amortization of Past Serivice Cost - $323,261.00; Depreciation Correction - ($2,495,208.00)”

Raw XML AppendixShowing 400 of 582 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12127611
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13112261
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/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Exec. V.P. & General Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director of Finance & Administration
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director of Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director of Engineering
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0129443620
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0425353
IRS990/InsuranceGrp/TotalAmt0278771
IRS990/InterestGrp/TotalAmt01326523
IRS990/InventoriesForSaleOrUseGrp/BOYAmt03094852
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02848671
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0653972
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0653972
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt073
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt078284275
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0128418901
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0129508958
IRS990/LandBldgEquipCostOrOtherBssAmt0207793233
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersAndShrGrossIncomeAmt0129443620
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Distribution of electricity to over 50,000 metered locations in South Central Kentucky and Northern Middle Tennessee.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0108610202
IRS990/NetAssetsOrFundBalancesEOYAmt0106834393
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt0258989
IRS990/OfficerMailingAddressInd01
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt013077746
IRS990/OtherAssetsTotalGrp/EOYAmt012173260
IRS990/OtherChangesInNetAssetsAmt0-5512770
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01985350
IRS990/OtherExpensesGrp/Desc0Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc1Electricity Purchased for Resale
IRS990/OtherExpensesGrp/Desc2Property Taxes
IRS990/OtherExpensesGrp/Desc3Gross Receipts Taxes
IRS990/OtherExpensesGrp/TotalAmt0163810
IRS990/OtherExpensesGrp/TotalAmt198585580
IRS990/OtherExpensesGrp/TotalAmt21719238
IRS990/OtherExpensesGrp/TotalAmt31275153
IRS990/OtherLiabilitiesGrp/BOYAmt012774106
IRS990/OtherLiabilitiesGrp/EOYAmt016602244
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt05187248
IRS990/OtherSourcesGrossIncomeAmt02236348
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02540835
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02355519
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0419060
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt01070329
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01023363
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0914291
IRS990/PrincipalOfficerNm0Paul Thompson
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/BusinessCd3221000
IRS990/ProgramServiceRevenueGrp/BusinessCd4221000
IRS990/ProgramServiceRevenueGrp/Desc0Electric Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Rent of Electric Property
IRS990/ProgramServiceRevenueGrp/Desc2Forfeited Discounts
IRS990/ProgramServiceRevenueGrp/Desc3Service Charges
IRS990/ProgramServiceRevenueGrp/Desc4Miscellaneous
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt11582376
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0126248335
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2452152
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3480967
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt425818
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0126248335
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11582376
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2452152
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3480967
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt425818
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0591184
IRS990/PYOtherExpensesAmt0108057029
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0119080701
IRS990/PYRevenuesLessExpensesAmt02888194
IRS990/PYSalariesCompEmpBnftPaidAmt08726662
IRS990/PYTotalExpensesAmt0116783691
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0119671885
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReconcilationRevenueExpnssAmt03736961
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0129556510
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0108413722
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0106636218
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05427000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05551000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03737465
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01648331
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05385796
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt05575356
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09416351
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014991707
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0125706659
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt01347403
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01347403
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt020454
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1736335
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt26887346
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt33020023
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt41509102
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Interest & Dividend Receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Rents Receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Utility Revenue Receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Deferred Expenses
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Heat Pump Loan Receivable
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$160,479,895
Liabilities
$53,645,502
Net assets
$106,834,393
Revenue
$129,443,620
Expenses
$125,706,659
Net income
$3,736,961
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$228$56.9$171$147$140$7.20
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$220$58.0$162$151$143$7.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$217$62.9$154$143$132$10.7
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$203$66.4$136$129$117$11.3
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$190$62.6$127$125$117$8.53
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$173$54.6$118$132$126$6.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$168$56.0$112$134$129$5.36
2017Detailed filing. Detailed filing data is available for this year.$160$53.6$107$129$126$3.74
2016Summary only. Only limited summary data is available for this year.$161$52.2$109$120$117$2.89
2015Detailed filing. Detailed filing data is available for this year.$160$53.6$106$116$113$3.51
2014Summary only. Only limited summary data is available for this year.$159$55.5$104$118$112$5.77
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$155$57.0$97.7$106
2012Summary only. Only limited summary data is available for this year.$142$4.95$137$111$105$6.23
2011Summary only. Only limited summary data is available for this year.$139$51.0$88.0$121$115$5.95