Civic Intelligence

Baldwin County Electric Membership Corporation

990 • Fiscal year 2014 • EIN 63-0014658

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 20, 2015

PO Box 220 19600 Highway 59Summerdale, AL 36580

(251) 989-6247

Siviq Scores

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

Liabilities / Assets

41st percentile

0.60x

Higher debt load relative to assets than 41% of similar nonprofits.

2014 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2014

Liabilities / Revenue

36th percentile

1.08x

Higher debt load relative to revenue than 36% of similar nonprofits.

2014 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2014

Net Margin

63rd percentile

1.4%

Higher net margin than 63% of similar nonprofits.

2014 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2014

Top Officer Pay

51st percentile

$639,400

Higher top officer pay than 51% of similar nonprofits.

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

2014 filings • $250M-$1B nonprofits • Source year 2014

Asset Growth

55th percentile

3.6%

Faster asset growth than 55% of similar nonprofits.

2014 filings • 501(c)12 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Revenue Growth

60th percentile

6.8%

Faster revenue growth than 60% of similar nonprofits.

2014 filings • $250M-$1B nonprofits • Annualized from 2013 to 2014

Assets

Up

$284,120,116

Up $9,964,631 (+3.6%) from 2013

Net Assets

Up

$113,500,557

Up $2,715,857 (+2.5%) from 2013

Liabilities

Up

$170,619,559

Up $7,248,774 (+4.4%) from 2013

Revenue

Up

$158,360,246

Up $10,147,842 (+6.8%) from 2013

Expenses

Up

$156,215,321

Up $14,562,453 (+10%) from 2013

Net Income

Down

$2,144,925

Down $4,414,611 (-67%) from 2013

Historical Trend

Balance Sheet Trend

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

$400M$300M$200M$100M$0Assets 2010: $234,041,412Liabilities 2010: $145,100,512Net Assets 2010: $88,940,9002010Assets 2011: $248,468,751Liabilities 2011: $152,892,542Net Assets 2011: $95,576,2092011Assets 2012: $256,472,268Liabilities 2012: $153,023,390Net Assets 2012: $103,448,8782012Assets 2013: $274,155,485Liabilities 2013: $163,370,785Net Assets 2013: $110,784,7002013Assets 2014: $284,120,116Liabilities 2014: $170,619,559Net Assets 2014: $113,500,5572014Assets 2015: $279,944,319Liabilities 2015: $165,183,262Net Assets 2015: $114,761,0572015Assets 2016: $293,423,591Liabilities 2016: $170,776,890Net Assets 2016: $122,646,7012016Assets 2017: $302,641,269Liabilities 2017: $173,992,886Net Assets 2017: $128,648,3832017Assets 2018: $310,432,205Liabilities 2018: $175,687,158Net Assets 2018: $134,745,0472018Assets 2019: $318,556,428Liabilities 2019: $176,947,160Net Assets 2019: $141,609,2682019Assets 2020: $359,848,505Liabilities 2020: $215,949,596Net Assets 2020: $143,898,9092020Assets 2021: $367,049,686Liabilities 2021: $213,429,612Net Assets 2021: $153,620,0742021Assets 2022: $361,094,630Liabilities 2022: $201,053,632Net Assets 2022: $160,040,9982022Assets 2023: $376,877,285Liabilities 2023: $212,195,136Net Assets 2023: $164,682,1492023Assets 2024: $387,386,939Liabilities 2024: $216,684,381Net Assets 2024: $170,702,5582024

Highlighted filing

2014

Assets$284,120,116
Liabilities$170,619,559
Net Assets$113,500,557

Operations Trend

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

$300M$200M$100M$0Expenses 2010: $144,009,4322010Expenses 2011: $144,095,6602011Revenue 2012: $148,122,481Expenses 2012: $141,650,325Net Income 2012: $6,472,1562012Revenue 2013: $148,212,404Expenses 2013: $141,652,868Net Income 2013: $6,559,5362013Revenue 2014: $158,360,246Expenses 2014: $156,215,321Net Income 2014: $2,144,9252014Revenue 2015: $151,506,848Expenses 2015: $150,687,877Net Income 2015: $818,9712015Revenue 2016: $155,807,377Expenses 2016: $148,366,732Net Income 2016: $7,440,6452016Revenue 2017: $159,997,076Expenses 2017: $153,764,740Net Income 2017: $6,232,3362017Revenue 2018: $169,102,063Expenses 2018: $163,833,220Net Income 2018: $5,268,8432018Revenue 2019: $169,762,339Expenses 2019: $164,110,648Net Income 2019: $5,651,6912019Revenue 2020: $164,972,070Expenses 2020: $163,076,299Net Income 2020: $1,895,7712020Revenue 2021: $178,280,689Expenses 2021: $168,710,110Net Income 2021: $9,570,5792021Revenue 2022: $195,242,494Expenses 2022: $193,470,762Net Income 2022: $1,771,7322022Revenue 2023: $203,404,619Expenses 2023: $199,754,073Net Income 2023: $3,650,5462023Revenue 2024: $223,320,389Expenses 2024: $217,635,169Net Income 2024: $5,685,2202024

Highlighted filing

2014

Revenue$158,360,246
Expenses$156,215,321
Net Income$2,144,925
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 20, 2015
Return Version
2014v5.0
Gross Receipts
$158,360,246
Mission and Program Overview

Mission

Rural electric cooperative serving baldwin and monroe counties in alabama.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$189,166,079$192,223,138▲ $3,057,059
Rtn Earn Endowment Incm Other Fnds$110,518,810$113,229,612▲ $2,710,802
Investments Program Related$50,610,178$53,600,025▲ $2,989,847
Accounts Receivable$14,279,380$14,607,868▲ $328,488
Savings and Temporary Cash Investments$5,813,587$10,767,928▲ $4,954,341
Inventories for Sale or Use$5,888,436$5,707,169▼ $181,267
Cap Stk Tr Prin Current Funds$265,890$270,945▲ $5,055
Prepaid Expenses and Deferred Charges$414,118$84,392▼ $329,726
Total Assets$274,155,485$284,120,116▲ $9,964,631
Other Assets Total$7,983,707$7,129,596▼ $854,111
Liabilities
Mortgage Notes Payable Secured by Investment Property$128,174,074$133,232,082▲ $5,058,008
Accounts Payable and Accrued Expenses$15,853,531$18,074,229▲ $2,220,698
Other Liabilities$12,145,845$12,272,539▲ $126,694
Tax Exempt Bond Liabilities$7,197,335$7,040,709▼ $156,626
Total Liabilities$163,370,785$170,619,559▲ $7,248,774
Net Assets / Fund Balance
Total Net Assets Fund Balance$110,784,700$113,500,557▲ $2,715,857
Total Liabilities and Net Assets / Fund Balance$274,155,485$284,120,116▲ $9,964,631

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,000--
Other Land Buildings$192,223,138$68,083,200-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
E a Jakins JrCEOFT$474,436$164,964$639,400
A Clyde AbramsVP Admin SerFT$188,097$70,639$258,736
A Clyde AbramsVP Admin Services-$174,316$84,420$258,736
William Jody TaylorVP OperationFT$173,942$68,207$242,149
William Jody TaylorVP Operations-$166,348$75,801$242,149
Alan L SchottVP Fin/accFT$167,199$69,247$236,446
Karen L MooreVP Member SrFT$167,503$65,381$232,884
Karen L MooreVP Member Srv & Pr-$157,163$75,721$232,884
Steven Kent IrvinVP EngineeriFT$145,169$57,119$202,288
Steven Kent IrvinVP Engineering-$134,270$68,018$202,288
Sue CampbellMgr. HrFT$136,021$54,312$190,333
W Brian SealsManager EngiFT$117,808$49,325$167,133
W Brian SealsManager Engineering-$111,465$55,668$167,133
Peggy Vanover-barnesPresidentPT$59,540$13,632$73,172
Chad GraceDirectorPT$53,300$13,414$66,714
Joseph ColemanDirectorPT$47,710$13,632$61,342
Robert KaiserDirectorPT$45,640$13,441$59,081
Tommie WernethVice-presidePT$44,260$13,615$57,875
Jimmy LafoySecretary/trPT$41,500$13,632$55,132
Aubury L FullerDirectorPT$40,120$13,567$53,687

Highest Paid Contractors

ContractorServicesLocationCompensation
Ryland's Underground ServiceWire RepairP O BOX 1265, Fairhope, AL 36533$656,958
NiscSoftware & SuppP O BOX 1147, Mandan, ND 58554$382,919
Mdr ConstructionOvhd Conductor621 EAST BAYLIS CHAPEL RD, Columbia, MS 39429$356,064
Pinnacle Data SystemsBill PrintP O BOX 102017, Birmingham, AL 35210$303,360
Osmose Utilities ServicesPole InspectionPO BOX 8000, Buffalo, NY 14267$250,991
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$154,854,466
Investment Income
$356,221
Other Revenue
$3,149,559
Change in Net Assets
$2,144,925

Audited Revenue Reconciliation

Revenue per Audited Statements
$158,360,246
Total Revenue per Audited Statements
$158,360,246
Total Revenue per Form 990
$158,360,246
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$151,161,149
Salaries, Compensation, and Employee Benefits$1,923,176
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$10,074,405
All Other Expenses---$8,241,211
Interest---$5,761,522
Other Expenses---$3,617,959
Benefits to Members---$3,130,996
Current Officers, Directors, Trustees, and Key Employees---$1,161,904
Other Salaries and Wages---$761,272
Total Functional Expenses$0$0$0$156,215,321

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$156,215,321
Expenses per Audited Statements$153,084,325
Total Expenses per Audited Statements$153,084,325
Expenses Not Reported on Financial Statements$3,130,996
Other Expense Adjustments$3,130,996
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Consumer Deposits$6,458,285
Postretirement Benefits$5,230,126
Other Deferrred Credits$584,128

Bond Issues

BondIssuerIssuedIssue PricePurpose
AGulf Opportunity Zone Bonds2008-07-01$7,900,465-

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Member owned corporation.

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

Board of directors are elected by the members.

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

Bylaw changes, election of board of directors and sale of cooperative.

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

Management presents the tax return to the board for review prior to filing.

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

Officer, directors or trustees, and key employees are required to notify management or the board as potential conflicts arise. The corporation reviews all payments and each supervisor determines if a potential conflict should be considered.

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

The corporation uses an independent consultant who presents a compensation comparision for all positions at the corporation; this comparison is the basis for compensation.

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

The corporation uses an independent consultant who presents a compensation comparision for all positions at the corporation; this comparison is the basis for compensation.

Form 990, Page 6, Part VI, Line 19

Documents are available for inspection in summerdale, al upon request. Bylaws and annual report available online on the company website.

Filing and Contact Details

Filer

Filer Name
Baldwin County Electric Membership
EIN
63-0014658
Phone
2519896247
Address
PO BOX 220 19600 HIGHWAY 59, SUMMERDALE, AL 36580

Signing Officer

Name
E a Jakins Jr
Title
CEO
Phone
2519896247
Signed
2015-04-20
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Al
Voting Board Members
7
Independent Board Members
7
Employees
235

Preparer

Firm
Gruenloh & Associates Pc
Address
PO BOX 895, ROBERTSDALE, AL 36567
Preparer
Wayne a Gruenloh
Phone
2519471040
Supplemental Narrative

Additional Explanations

Form 990

Part ix, line 4 - retirement of capital credits disclosed represent the retirement of patronage capital allocated in prior years which were paid to members in the current year.

Form 990, Page 2, Part III, Line 4D

Provided electric service to an average of 70,028 customers in the rural areas of baldwin and monroe counties in alabama.

Form 990, Part XI, Line 9

Retirement of capital credits paid 3,130,996

Form 990, Part XI, Line 9

Change in memberships 5,055 unclaimed capital credit checks 565,877 retirement of capital credits 3,130,996

Financial Statement Notes

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

Retirement of capital credits paid 3,130,996

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt153300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt247710
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt345640
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt444260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt541500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt640120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7487652
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8168239
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9173942
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10188097
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11167503
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12145169
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13142694
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14117808
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE-PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt8VP FIN/ACC
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP OPERATION
IRS990/Form990PartVIISectionAGrp/TitleTxt10VP ADMIN SER
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP MEMBER SR
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP ENGINEERI
IRS990/Form990PartVIISectionAGrp/TitleTxt13MGR. HR
IRS990/Form990PartVIISectionAGrp/TitleTxt14MANAGER ENGI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0158360246
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/TotalAmt05761522
IRS990/InventoriesForSaleOrUseGrp/BOYAmt05888436
IRS990/InventoriesForSaleOrUseGrp/EOYAmt05707169
IRS990/InvestmentIncomeGrp/ExclusionAmt0356221
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0356221
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt050610178
IRS990/InvestmentsProgramRelatedGrp/EOYAmt053600025
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt085
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt068083200
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0189166079
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0192223138
IRS990/LandBldgEquipCostOrOtherBssAmt0260306338
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt0154221338
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0RURAL ELECTRIC COOPERATIVE SERVING BALDWIN AND MONROE COUNTIES IN ALABAMA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0128174074
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0133232082
IRS990/NetAssetsOrFundBalancesBOYAmt0110784700
IRS990/NetAssetsOrFundBalancesEOYAmt0113500557
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07983707
IRS990/OtherAssetsTotalGrp/EOYAmt07129596
IRS990/OtherChangesInNetAssetsAmt0570932
IRS990/OtherExpensesGrp/Desc0COST OF POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION- MAINTENANCE
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE & GENERAL
IRS990/OtherExpensesGrp/Desc3DISTRIBUTION- OPERATIONS
IRS990/OtherExpensesGrp/TotalAmt0109768627
IRS990/OtherExpensesGrp/TotalAmt17882541
IRS990/OtherExpensesGrp/TotalAmt25814884
IRS990/OtherExpensesGrp/TotalAmt33617959
IRS990/OtherLiabilitiesGrp/BOYAmt012145845
IRS990/OtherLiabilitiesGrp/EOYAmt012272539
IRS990/OtherRevenueMiscGrp/BusinessCd0221000
IRS990/OtherRevenueMiscGrp/BusinessCd1221000
IRS990/OtherRevenueMiscGrp/Desc0CAPITAL CREDITS
IRS990/OtherRevenueMiscGrp/Desc1OTHER NON OPERATING INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt03142470
IRS990/OtherRevenueMiscGrp/ExclusionAmt17089
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03142470
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt17089
IRS990/OtherRevenueTotalAmt03149559
IRS990/OtherSalariesAndWagesGrp/TotalAmt0761272
IRS990/OtherSourcesGrossIncomeAmt0633128
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0414118
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt084392
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC SALES
IRS990/ProgramServiceRevenueGrp/Desc1POLE ATTACHMENTS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0154221338
IRS990/ProgramServiceRevenueGrp/ExclusionAmt1633128
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0154221338
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1633128
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDED ELECTRIC SERVICE TO AN AVERAGE OF 70,028 CUSTOMERS IN THE RURAL AREAS OF BALDWIN AND MONROE COUNTIES IN ALABAMA.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt02307771
IRS990/PYInvestmentIncomeAmt0307026
IRS990/PYOtherExpensesAmt0137450015
IRS990/PYOtherRevenueAmt04510710
IRS990/PYProgramServiceRevenueAmt0143394668
IRS990/PYRevenuesLessExpensesAmt06559536
IRS990/PYSalariesCompEmpBnftPaidAmt01895082
IRS990/PYTotalExpensesAmt0141652868
IRS990/PYTotalRevenueAmt0148212404
IRS990/ReconcilationRevenueExpnssAmt02144925
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0110518810
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0113229612
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05813587
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010767928
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt03130996
IRS990ScheduleD/ExpensesSubtotalAmt0153084325
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt049384643
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11568745
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt21084633
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3524195
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt4434401
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5259085
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt6219180
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt771587
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt846208
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt95158
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt101190
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt111000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PATRONAGE CAP - POWERSOUTH
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1PATRONAGE CAP - GRESCO
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2INVESTMENT - NRUCFC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3INVESTMENT - CO-BANK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4INVESTMENT - FED. RURAL ELECTRIC INS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5PATRONAGE CAP - NRUCFC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6PATRONAGE CAP - UNITED UTILITY
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7PATRONAGE CAP - NISC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc8ECONOMIC DEVELOPMENT PROJECTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc9PATRONAGE CAP - ARKANSAS ELECTRIC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc10PATRONAGE CAP - NRTC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc11INVESTMENT - NRTC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd6C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd7C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd8C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd9C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd10C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd11C
IRS990ScheduleD/OtherExpensesNotIncludedAmt03130996
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0192223138
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt068083200
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0260306338
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06458285
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15230126
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2584128
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONSUMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1POSTRETIREMENT BENEFITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OTHER DEFERRRED CREDITS
IRS990ScheduleD/RevenueSubtotalAmt0158360246
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RETIREMENT OF CAPITAL CREDITS PAID 3,130,996
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0192223138
IRS990ScheduleD/TotalBookValueProgramRltdAmt053600025
IRS990ScheduleD/TotalExpensesPerForm990Amt0156215321
IRS990ScheduleD/TotalLiabilityAmt012272539
IRS990ScheduleD/TotalRevenuePerForm990Amt0158360246
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0158360246
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0153084325
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/IdemnificationGrossUpPmtsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0474436
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1167199
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2166348
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3174316
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4157163

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$387$217$171$223$218$5.69
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$377$212$165$203$200$3.65
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$361$201$160$195$193$1.77
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$367$213$154$178$169$9.57
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$360$216$144$165$163$1.90
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$319$177$142$170$164$5.65
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$310$176$135$169$164$5.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$303$174$129$160$154$6.23
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$293$171$123$156$148$7.44
2015Detailed filing. Detailed filing data is available for this year.$280$165$115$152$151$0.82
2014Detailed filing. Detailed filing data is available for this year.$284$171$114$158$156$2.14
2013Detailed filing. Detailed filing data is available for this year.$274$163$111$148$142$6.56
2012Summary only. Only limited summary data is available for this year.$256$153$103$148$142$6.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$248$153$95.6$144
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$234$145$88.9$144