Civic Intelligence

Beauregard Electric Cooperative

990 • Fiscal year 2016 • EIN 72-0128078

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 17, 2017

PO Drawer 970Deridder, LA 70634

(337) 463-6221

Siviq Scores

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

Liabilities / Assets

98th percentile

0.77x

Higher debt load relative to assets than 98% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

60th percentile

1.47x

Higher debt load relative to revenue than 60% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2016

Net Margin

85th percentile

6.3%

Higher net margin than 85% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2016

Top Officer Pay

41st percentile

$270,592

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2016

Asset Growth

63rd percentile

4.5%

Faster asset growth than 63% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Revenue Growth

84th percentile

7.3%

Faster revenue growth than 84% of similar nonprofits.

2016 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Assets

Up

$186,617,561

Up $8,010,859 (+4.5%) from 2015

Net Assets

Up

$42,754,640

Up $6,353,119 (+17%) from 2015

Liabilities

Up

$143,862,921

Up $1,657,740 (+1.2%) from 2015

Revenue

Up

$97,725,744

Up $6,643,810 (+7.3%) from 2015

Expenses

Up

$91,582,841

Up $1,874,199 (+2.1%) from 2015

Net Income

Up

$6,142,903

Up $4,769,611 (+347%) from 2015

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: $134,071,732Liabilities 2010: $106,828,601Net Assets 2010: $27,243,1312010Assets 2011: $137,438,537Liabilities 2011: $104,898,451Net Assets 2011: $32,540,0862011Assets 2012: $144,560,616Liabilities 2012: $114,102,734Net Assets 2012: $30,457,8822012Assets 2013: $156,991,936Liabilities 2013: $124,491,852Net Assets 2013: $32,500,0842013Assets 2014: $156,440,057Liabilities 2014: $121,413,430Net Assets 2014: $35,026,6272014Assets 2015: $178,606,702Liabilities 2015: $142,205,181Net Assets 2015: $36,401,5212015Assets 2016: $186,617,561Liabilities 2016: $143,862,921Net Assets 2016: $42,754,6402016Assets 2017: $192,441,069Liabilities 2017: $147,121,841Net Assets 2017: $45,319,2282017Assets 2018: $198,954,302Liabilities 2018: $153,530,181Net Assets 2018: $45,424,1212018Assets 2019: $204,782,248Liabilities 2019: $156,937,471Net Assets 2019: $47,844,7772019Assets 2020: $303,851,198Liabilities 2020: $252,784,219Net Assets 2020: $51,066,9792020Assets 2021: $317,710,520Liabilities 2021: $259,806,439Net Assets 2021: $57,904,0812021Assets 2022: $324,173,610Liabilities 2022: $260,392,737Net Assets 2022: $63,780,8732022Assets 2023: $274,630,196Liabilities 2023: $210,000,954Net Assets 2023: $64,629,2422023

Highlighted filing

2016

Assets$186,617,561
Liabilities$143,862,921
Net Assets$42,754,640

Operations Trend

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

$200M$150M$100M$50M$0Expenses 2010: $77,719,1392010Revenue 2011: $81,571,204Expenses 2011: $79,717,093Net Income 2011: $1,854,1112011Expenses 2012: $80,413,0822012Revenue 2013: $85,745,228Expenses 2013: $85,241,155Net Income 2013: $504,0732013Revenue 2014: $87,391,905Expenses 2014: $86,890,057Net Income 2014: $501,8482014Revenue 2015: $91,081,934Expenses 2015: $89,708,642Net Income 2015: $1,373,2922015Revenue 2016: $97,725,744Expenses 2016: $91,582,841Net Income 2016: $6,142,9032016Revenue 2017: $97,830,734Expenses 2017: $95,267,491Net Income 2017: $2,563,2432017Revenue 2018: $105,392,164Expenses 2018: $105,288,941Net Income 2018: $103,2232018Revenue 2019: $117,346,135Expenses 2019: $114,279,198Net Income 2019: $3,066,9372019Revenue 2020: $108,550,782Expenses 2020: $105,329,350Net Income 2020: $3,221,4322020Revenue 2021: $130,661,746Expenses 2021: $123,826,239Net Income 2021: $6,835,5072021Revenue 2022: $151,831,904Expenses 2022: $145,955,586Net Income 2022: $5,876,3182022Revenue 2023: $160,949,998Expenses 2023: $160,102,950Net Income 2023: $847,0482023

Highlighted filing

2016

Revenue$97,725,744
Expenses$91,582,841
Net Income$6,142,903
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 17, 2017
Return Version
2016v3.0
Gross Receipts
$97,749,139
Mission and Program Overview

Mission

Sale of electricity to members

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$149,014,495$152,266,594▲ $3,252,099
Rtn Earn Endowment Incm Other Fnds$36,083,751$42,435,830▲ $6,352,079
Accounts Receivable$10,257,471$14,897,979▲ $4,640,508
Investments Program Related$6,809,138$6,924,080▲ $114,942
Cash and Non-Interest-Bearing Accounts$527,837$1,042,921▲ $515,084
Inventories for Sale or Use$804,759$738,341▼ $66,418
Pd in Cap Srpls Land Bldg Eqp Fund$164,870$164,870→ $0
Cap Stk Tr Prin Current Funds$152,900$153,940▲ $1,040
Prepaid Expenses and Deferred Charges$39,222$46,917▲ $7,695
Total Assets$178,606,702$186,617,561▲ $8,010,859
Other Assets Total$11,153,780$10,700,729▼ $453,051
Liabilities
Mortgage Notes Payable Secured by Investment Property$93,905,752$88,149,298▼ $5,756,454
Accounts Payable and Accrued Expenses$26,760,157$33,106,946▲ $6,346,789
Other Liabilities$21,319,300$22,513,400▲ $1,194,100
Deferred Revenue$219,972$93,277▼ $126,695
Total Liabilities$142,205,181$143,862,921▲ $1,657,740
Net Assets / Fund Balance
Total Net Assets Fund Balance$36,401,521$42,754,640▲ $6,353,119
Total Liabilities and Net Assets / Fund Balance$178,606,702$186,617,561▲ $8,010,859

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$6,924,080--
Other Land Buildings$152,266,594$68,970,037-
Other Assets Org$10,700,729--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin TurnerExecutive VPGMFT$166,648$103,944$270,592
Ron MarshallVP FinanceFT$150,348$50,017$175,665
Kay FoxVP Member Services and MarketFT$108,168$59,359$167,527
Kay FoxVP Member Services and Marketing-$108,168$24,617$167,527
Kevin AvcockVP EngineeringFT$110,903$57,243$158,104
Mark RoyerVP OperationsFT$125,452$23,620$149,072
JR HickmanSec TreasurerPT$28,283-$28,283
Douglas SonnierDirectorPT$27,761-$27,761
Dale PetersonPresidentPT$26,561-$26,561
Peto SellersDirectorPT$26,066-$26,066
Trent BuxtonDirectorPT$22,050-$22,050
Diana BackhausDirectorPT$15,972-$15,972
Teddy WelchVice PresidentPT$15,951-$15,951
Donald BushAssist Sec TreasurerPT$15,197-$15,197
Dan ODell IIDirector-$9,852-$9,852
Dane SlaydonDirectorPT$5,601-$5,601

Highest Paid Contractors

ContractorServicesLocationCompensation
Chain ElectricRight of WayP O Box 20058, Hattiesburg, MS 39401$1,028,207
Kulaga Construction CoLine constructionP O Box 787, Deridder, LA 70634$527,380
Ernest P BreauxRight of WayP O Box 11640, New Iberia, LA 70562$227,399
BHA IncRight of WayP O Box 4467, Baton Rouge, LA 70821$198,953
Linetec Services LLCMaintenance ConstrP O Box 13650, Alexandria, LA 71315$189,908
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$97,646,412
Investment Income
$79,332
Other Revenue
$0
Change in Net Assets
$6,142,903

Audited Revenue Reconciliation

Revenue per Audited Statements
$97,725,744
Total Revenue per Audited Statements
$97,725,744
Total Revenue per Form 990
$97,725,744
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$91,582,841
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$6,335,471--$6,335,471
Interest$2,872,689--$2,872,689
Other Expenses$2,457,070--$2,457,070
Total Functional Expenses$91,582,841$0$0$91,582,841

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$91,582,841
Total Expenses per Audited Statements$91,582,841
Total Expenses per Form 990$91,582,841
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
Federal Income Tax$22,513,400
Apbo-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Member Owned Electric Coopertive

Member election for additional members Part VI line 7A

Each member of the cooperative shall be entitles to vote in the election of the board of directors. Board consists of 9 directors who are elected by the membership.

Form 990 governing body review Part VI line 11

Management and paid preparer review drafts of form 990 prior to refiling. Board reviews annual filings at monthly meetings.

Conflict of interest policy compliance Part VI line 12C

Conflict of interest policy is reviewed annually.

CEO executive director top management comp Part VI line 15A

Salary data is gathered from outside sources and the Board of Directors make final decision on compensation.

Other officer or key employee compensation Part VI line 15B

Salary data is gathered from outside services and Board of Directors make final decision on compensation.

Governing documents etc available to public Part VI line 19

Governing documents and financial statemants are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Beauregard Electric Cooperative
EIN
72-0128078
Address
PO Drawer 970, Deridder, LA 70634

Signing Officer

Name
Kevin Turner
Title
Exec VP GM
Phone
3374636221
Signed
2017-07-17
Discuss with paid preparer
No

Organization Details

Principal Officer
Dale Peterson
Formed
1938
Legal Domicile
La
Voting Board Members
9
Independent Board Members
9
Employees
143

Preparer

Firm
Steven M DeRouen & Associates
Address
P O Box 4265, Lake Charles, LA 70606
Preparer
Steven M DeRouen
Phone
3375134915
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Other changes in net assests include changes to memberships and patrons capital credits.

General explanation attachment

Part IX, Line 4 - Benefits paid to or for members: The Cooperative allocated patronage capital credits to its members in this amount.

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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/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6President
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt8Sec Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt9Assist Sec Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10Executive VPGM
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP Engineering
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP Member Services and Market
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP Operations
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01938
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-23395
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt097749139
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt02872689
IRS990/InterestGrp/TotalAmt02872689
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0804759
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0738341
IRS990/InvestmentIncomeGrp/ExclusionAmt0102727
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0102727
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt06809138
IRS990/InvestmentsProgramRelatedGrp/EOYAmt06924080
IRS990/IRPDocumentCnt053
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt068970037
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0149014495
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0152266594
IRS990/LandBldgEquipCostOrOtherBssAmt0221236631
IRS990/LegalDomicileStateCd0LA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt023395
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt00
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Sale of electricity to members
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt093905752
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt088149298
IRS990/NetAssetsOrFundBalancesBOYAmt036401521
IRS990/NetAssetsOrFundBalancesEOYAmt042754640
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-23395
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-23395
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt011153780
IRS990/OtherAssetsTotalGrp/EOYAmt010700729
IRS990/OtherChangesInNetAssetsAmt0210216
IRS990/OtherExpensesGrp/Desc0Cost of purchased power
IRS990/OtherExpensesGrp/Desc1Operating and Maint Expense
IRS990/OtherExpensesGrp/Desc2Admin and General Expense
IRS990/OtherExpensesGrp/Desc3Accountingcollection expens
IRS990/OtherExpensesGrp/ProgramServicesAmt063807737
IRS990/OtherExpensesGrp/ProgramServicesAmt111346734
IRS990/OtherExpensesGrp/ProgramServicesAmt24763140
IRS990/OtherExpensesGrp/ProgramServicesAmt32457070
IRS990/OtherExpensesGrp/TotalAmt063807737
IRS990/OtherExpensesGrp/TotalAmt111346734
IRS990/OtherExpensesGrp/TotalAmt24763140
IRS990/OtherExpensesGrp/TotalAmt32457070
IRS990/OtherLiabilitiesGrp/BOYAmt021319300
IRS990/OtherLiabilitiesGrp/EOYAmt022513400
IRS990/OtherSourcesGrossIncomeAmt00
IRS990/PartialLiquidationInd0false
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0164870
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0164870
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt039222
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt046917
IRS990/PrincipalOfficerNm0Dale Peterson
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/Desc0Operating Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt097646412
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt097646412
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/ReconcilationRevenueExpnssAmt06142903
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt036083751
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt042435830
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt091582841
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt06924080
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0NRUCFC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt010700729
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deferred Expenses
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0152266594
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt068970037
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0221236631
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022513400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal Income Tax
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1APBO
IRS990ScheduleD/RevenueSubtotalAmt097725744
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0152266594
IRS990ScheduleD/TotalBookValueOtherAssetsAmt010700729
IRS990ScheduleD/TotalBookValueProgramRltdAmt06924080
IRS990ScheduleD/TotalExpensesPerForm990Amt091582841
IRS990ScheduleD/TotalLiabilityAmt022513400
IRS990ScheduleD/TotalRevenuePerForm990Amt097725744
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt097725744
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt091582841
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0166648
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1150348
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2110903
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3108168
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt079327
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt124700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt234742
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt024617
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt125317
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt222501
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt324617
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Kevin Turner
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Ron Marshall
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Kevin Avcock
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Kay Fox
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive VPGM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VP Finance
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2VP Engineering
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3VP Member Services and Marketing
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0270592
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1175665
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2158104
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt3167527
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Member Owned Electric Coopertive
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each member of the cooperative shall be entitles to vote in the election of the board of directors. Board consists of 9 directors who are elected by the membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Management and paid preparer review drafts of form 990 prior to refiling. Board reviews annual filings at monthly meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Conflict of interest policy is reviewed annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Salary data is gathered from outside sources and the Board of Directors make final decision on compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Salary data is gathered from outside services and Board of Directors make final decision on compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Governing documents and financial statemants are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Other changes in net assests include changes to memberships and patrons capital credits.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Part IX, Line 4 - Benefits paid to or for members: The Cooperative allocated patronage capital credits to its members in this amount.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8General explanation attachment
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$275$210$64.6$161$160$0.85
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$324$260$63.8$152$146$5.88
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$318$260$57.9$131$124$6.84
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$304$253$51.1$109$105$3.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$205$157$47.8$117$114$3.07
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$199$154$45.4$105$105$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$192$147$45.3$97.8$95.3$2.56
2016Detailed filing. Detailed filing data is available for this year.$187$144$42.8$97.7$91.6$6.14
2015Detailed filing. Detailed filing data is available for this year.$179$142$36.4$91.1$89.7$1.37
2014Detailed filing. Detailed filing data is available for this year.$156$121$35.0$87.4$86.9$0.50
2013Detailed filing. Detailed filing data is available for this year.$157$124$32.5$85.7$85.2$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$145$114$30.5$80.4
2011Summary only. Only limited summary data is available for this year.$137$105$32.5$81.6$79.7$1.85
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$134$107$27.2$77.7
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