Civic Intelligence

Southeastern Electric Cooperative Inc

990 • Fiscal year 2016 • EIN 73-0457520

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

Organization ProfileWWW.SE-COOP.COM
PO Box 1370Durant, OK 74702

(580) 924-2170

Siviq Scores

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

Liabilities / Assets

27th percentile

0.40x

Higher debt load relative to assets than 27% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

19th percentile

0.82x

Higher debt load relative to revenue than 19% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2016

Net Margin

5th percentile

-2.6%

Higher net margin than 5% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

72nd percentile

$270,399

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2016

Asset Growth

93rd percentile

10.0%

Faster asset growth than 93% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

62nd percentile

2.7%

Faster revenue growth than 62% of similar nonprofits.

2016 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$60,536,356

Up $5,496,205 (+10.0%) from 2015

Net Assets

Up

$36,227,956

Up $2,266,240 (+6.7%) from 2015

Liabilities

Up

$24,308,400

Up $3,229,965 (+15%) from 2015

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin5th percentile

Revenue

Up

$29,560,998

Up $790,678 (+2.7%) from 2015

Expenses

Up

$30,337,216

Up $385,203 (+1.3%) from 2015

Net Income

Up

-$776,218

Up $405,475 (+34%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$100M$50M$0Assets 2010: $47,071,088Liabilities 2010: $22,630,934Net Assets 2010: $24,440,1542010Assets 2011: $47,713,825Liabilities 2011: $21,259,955Net Assets 2011: $26,453,8702011Assets 2012: $47,435,352Liabilities 2012: $20,477,245Net Assets 2012: $26,958,1072012Assets 2013: $52,614,923Liabilities 2013: $23,683,446Net Assets 2013: $28,931,4772013Assets 2014: $53,992,925Liabilities 2014: $22,658,679Net Assets 2014: $31,334,2462014Assets 2015: $55,040,151Liabilities 2015: $21,078,435Net Assets 2015: $33,961,7162015Assets 2016: $60,536,356Liabilities 2016: $24,308,400Net Assets 2016: $36,227,9562016Assets 2017: $59,900,289Liabilities 2017: $23,384,465Net Assets 2017: $36,515,8242017Assets 2018: $64,037,525Liabilities 2018: $26,082,302Net Assets 2018: $37,955,2232018Assets 2019: $69,697,279Liabilities 2019: $29,832,840Net Assets 2019: $39,864,4392019Assets 2020: $71,270,310Liabilities 2020: $28,831,503Net Assets 2020: $42,438,8072020Assets 2021: $83,173,851Liabilities 2021: $38,965,449Net Assets 2021: $44,208,4022021Assets 2022: $87,750,718Liabilities 2022: $41,543,614Net Assets 2022: $46,207,1042022Assets 2023: $91,690,258Liabilities 2023: $42,154,956Net Assets 2023: $49,535,3022023Assets 2024: $95,287,582Liabilities 2024: $43,227,178Net Assets 2024: $52,060,4042024

Highlighted filing

2016

Assets$60,536,356
Liabilities$24,308,400
Net Assets$36,227,956
Open 2016 Filing

Operations Trend

Revenue Growth62nd percentile

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

$60M$40M$20M$0-$20MExpenses 2010: $23,342,0682010Expenses 2011: $26,379,6522011Expenses 2012: $24,656,4342012Revenue 2013: $27,232,522Expenses 2013: $28,129,731Net Income 2013: -$897,2092013Revenue 2014: $31,317,050Expenses 2014: $33,000,072Net Income 2014: -$1,683,0222014Revenue 2015: $28,770,320Expenses 2015: $29,952,013Net Income 2015: -$1,181,6932015Revenue 2016: $29,560,998Expenses 2016: $30,337,216Net Income 2016: -$776,2182016Revenue 2017: $28,979,303Expenses 2017: $29,359,660Net Income 2017: -$380,3572017Revenue 2018: $33,073,549Expenses 2018: $33,073,549Net Income 2018: $02018Revenue 2019: $35,144,946Expenses 2019: $35,144,946Net Income 2019: $02019Revenue 2020: $35,008,673Expenses 2020: $35,008,673Net Income 2020: $02020Revenue 2021: $40,665,061Expenses 2021: $40,665,061Net Income 2021: $02021Revenue 2022: $46,140,293Expenses 2022: $46,140,293Net Income 2022: $02022Revenue 2023: $42,899,403Expenses 2023: $42,899,403Net Income 2023: $02023Revenue 2024: $43,867,700Expenses 2024: $43,867,700Net Income 2024: $02024

Highlighted filing

2016

Revenue$29,560,998
Expenses$30,337,216
Net Income-$776,218
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 17, 2017
Return Version
2016v3.0
Gross Receipts
$29,582,878
Mission and Program Overview

Mission

To provide electricity to members on a cooperative basis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$38,003,703$40,562,925▲ $2,559,222
Rtn Earn Endowment Incm Other Fnds$33,030,102$35,150,037▲ $2,119,935
Investments in Publicly Traded Securities$11,234,017$12,010,233▲ $776,216
Cash and Non-Interest-Bearing Accounts$2,171,410$4,882,902▲ $2,711,492
Accounts Receivable$2,338,072$1,923,391▼ $414,681
Pd in Cap Srpls Land Bldg Eqp Fund$879,479$1,025,124▲ $145,645
Prepaid Expenses and Deferred Charges$948,540$831,955▼ $116,585
Inventories for Sale or Use$344,409$324,950▼ $19,459
Cap Stk Tr Prin Current Funds$52,135$52,795▲ $660
Total Assets$55,040,151$60,536,356▲ $5,496,205
Liabilities
Mortgage Notes Payable Secured by Investment Property$17,670,558$20,332,399▲ $2,661,841
Accounts Payable and Accrued Expenses$3,407,877$3,976,001▲ $568,124
Total Liabilities$21,078,435$24,308,400▲ $3,229,965
Net Assets / Fund Balance
Total Net Assets Fund Balance$33,961,716$36,227,956▲ $2,266,240
Total Liabilities and Net Assets / Fund Balance$55,040,151$60,536,356▲ $5,496,205

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$38,542,153$17,068,252$55,610,405
Buildings$1,716,827$986,054$2,702,881
Land$303,945-$303,945
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Larry SpeaksGmFT$206,579$63,820$270,399
James FoxAssistant GmFT$109,267$37,068$146,335
Michael GreenWorking ForeFT$109,959$24,586$134,545
David BlackburnMember-$37,120-$37,120
Dennis BowenVice-preside-$36,847-$36,847
Odis WillinghamPresident-$36,707-$36,707
Lloyd OwensSec/treas-$36,278-$36,278
Anthony DillardMember-$36,147-$36,147
James DancerMember-$36,140-$36,140
Ted DoshMember-$29,979-$29,979
William HaddockMember-$26,262-$26,262
Robert ShepardMember-$17,271-$17,271

Highest Paid Contractors

ContractorServicesLocationCompensation
Metts Powerline Construction INCPower Lines3307 N WASHINGTON, Durant, OK 74701$1,821,646
Metts Powerline Construction INCR/w Tree Trimmi3307 N WASHINGTON, Durant, OK 74701$1,521,278
Progressive Solutions LLCR/w SprayingPO BOX 1130, Marshall, AR 72650$457,065
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$27,663,147
Investment Income
$381,944
Other Revenue
$1,515,907
Change in Net Assets
$-776,218

Audited Revenue Reconciliation

Revenue per Audited Statements
$29,560,998
Revenue Not Reported on Form 990
$776,217
Total Revenue per Audited Statements
$30,337,215
Total Revenue per Form 990
$29,560,998
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$26,514,515
Salaries, Compensation, and Employee Benefits$844,030
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$2,978,671
Depreciation Depletion---$1,843,228
Current Officers, Directors, Trustees, and Key Employees---$709,485
Interest---$641,585
Other Expenses---$520,646
Other Salaries and Wages---$134,545
Total Functional Expenses$0$0$0$30,337,216

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$30,337,216
Expenses per Audited Statements$27,358,544
Total Expenses per Audited Statements$27,358,544
Expenses Not Reported on Financial Statements$2,978,672
Other Expense Adjustments$2,978,672
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
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

“MEMBERS”

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

“Yes, per the southeastern electric cooperative, inc. By-law articles iii and iv.”

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

“Yes, per the southeastern electric cooperative, inc. By-laws”

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

“No review was or will be conducted.”

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

“Done on an annual basis by the cooperative's lawyer.”

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

“The board of directors reviews and approves compensation for the general manager, officers, and/or key employees.”

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

“The board of directors reviews and approves compensation for the general manager, officers, and/or key employees.”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Southeastern Electric Cooperative
EIN
73-0457520
Phone
5809242170
Address
PO BOX 1370, DURANT, OK 74702

Signing Officer

Name
Larry Speaks
Title
Gm
Phone
5809242170
Signed
2017-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Speaks
Formed
1939
Legal Domicile
Ok
Voting Board Members
9
Independent Board Members
9
Employees
35

Preparer

Firm
Briscoe Burke & Grigsby Llp
Address
4120 EAST 51ST STREET SUITE 100, TULSA, OK 74135-3633
Preparer
Sean B Dunahay CPA
Phone
9187498337
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Change in other equities 145,645 increase in membership 660 accrual to cash cap credits 776,219 patronage dividend allocation 2,978,671 retirement of patronage capital -858,737 total 3,042,458 other changes in net assets”

Financial Statement Notes

Schedule D, Page 3, Part X

“The cooperative is exempt from income taxes under section 501(c)(12) of the internal revenue code and, accordingly, no provision has been made for income taxes. Management has considered whether the cooperative has any uncertain tax positions, embedded or otherwise, that would materially impact the financial statements. Management believes no such material uncertainties exist, therefore no provision is provided.”

Schedule D, Page 4, Part XI, Line 2D

“Accrual to cash capital credits 776,217”

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

“Patronage dividends - allocated 2,978,672”

Raw XML AppendixShowing 400 of 425 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/InvestmentsPubTradedSecGrp/BOYAmt011234017
IRS990/InvestmentsPubTradedSecGrp/EOYAmt012010233
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt018054306
IRS990/LandBldgEquipBasisNetGrp/BOYAmt038003703
IRS990/LandBldgEquipBasisNetGrp/EOYAmt040562925
IRS990/LandBldgEquipCostOrOtherBssAmt058617231
IRS990/LegalDomicileStateCd0OK
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt011832
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt027663147
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE ELECTRICITY TO MEMBERS ON A COOPERATIVE BASIS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt017670558
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt020332399
IRS990/NetAssetsOrFundBalancesBOYAmt033961716
IRS990/NetAssetsOrFundBalancesEOYAmt036227956
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-8232
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-8232
IRS990/NetIncomeOrLossGrp/ExclusionAmt0-1118
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-1118
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt031566
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt031566
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt03042458
IRS990/OtherExpensesGrp/Desc0COST OF POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION
IRS990/OtherExpensesGrp/Desc2CONSUMER EXPENSE
IRS990/OtherExpensesGrp/Desc3GENERAL & ADMINISTRATIVE
IRS990/OtherExpensesGrp/TotalAmt018380295
IRS990/OtherExpensesGrp/TotalAmt13870449
IRS990/OtherExpensesGrp/TotalAmt21258312
IRS990/OtherExpensesGrp/TotalAmt3520646
IRS990/OtherRevenueMiscGrp/Desc0REVENUE TRANSCANADA
IRS990/OtherRevenueMiscGrp/Desc1NON-OPERATING INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt01456766
IRS990/OtherRevenueMiscGrp/ExclusionAmt128693
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01456766
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt128693
IRS990/OtherRevenueTotalAmt01485459
IRS990/OtherSalariesAndWagesGrp/TotalAmt0134545
IRS990/OtherSourcesGrossIncomeAmt01888166
IRS990/PartialLiquidationInd0false
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0879479
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt01025124
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0948540
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0831955
IRS990/PrincipalOfficerNm0LARRY SPEAKS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SALES OF ELECTRICITY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt027663147
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt027663147
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt03169951
IRS990/PYInvestmentIncomeAmt0259497
IRS990/PYOtherExpensesAmt025830588
IRS990/PYOtherRevenueAmt01529800
IRS990/PYProgramServiceRevenueAmt026981023
IRS990/PYRevenuesLessExpensesAmt0-1181693
IRS990/PYSalariesCompEmpBnftPaidAmt0951474
IRS990/PYTotalExpensesAmt029952013
IRS990/PYTotalRevenueAmt028770320
IRS990/ReconcilationRevenueExpnssAmt0-776218
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt031566
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt033030102
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt035150037
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01716827
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0986054
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02702881
IRS990ScheduleD/EquipmentGrp/BookValueAmt038542153
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017068252
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt055610405
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt02978672
IRS990ScheduleD/ExpensesSubtotalAmt027358544
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0303945
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0303945
IRS990ScheduleD/OtherExpensesNotIncludedAmt02978672
IRS990ScheduleD/OtherRevenueAmt0776217
IRS990ScheduleD/RevenueNotReportedAmt0776217
IRS990ScheduleD/RevenueSubtotalAmt029560998
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS CONSIDERED WHETHER THE COOPERATIVE HAS ANY UNCERTAIN TAX POSITIONS, EMBEDDED OR OTHERWISE, THAT WOULD MATERIALLY IMPACT THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES NO SUCH MATERIAL UNCERTAINTIES EXIST, THEREFORE NO PROVISION IS PROVIDED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ACCRUAL TO CASH CAPITAL CREDITS 776,217
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2PATRONAGE DIVIDENDS - ALLOCATED 2,978,672
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt040562925
IRS990ScheduleD/TotalExpensesPerForm990Amt030337216
IRS990ScheduleD/TotalRevenuePerForm990Amt029560998
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt030337215
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt027358544
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0206579
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt043192
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt013145
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt07483
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LARRY SPEAKS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0GM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0270399
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1YES, PER THE SOUTHEASTERN ELECTRIC COOPERATIVE, INC. BY-LAW ARTICLES III AND IV.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2YES, PER THE SOUTHEASTERN ELECTRIC COOPERATIVE, INC. BY-LAWS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DONE ON AN ANNUAL BASIS BY THE COOPERATIVE'S LAWYER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION FOR THE GENERAL MANAGER, OFFICERS, AND/OR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION FOR THE GENERAL MANAGER, OFFICERS, AND/OR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CHANGE IN OTHER EQUITIES 145,645 INCREASE IN MEMBERSHIP 660 ACCRUAL TO CASH CAP CREDITS 776,219 PATRONAGE DIVIDEND ALLOCATION 2,978,671 RETIREMENT OF PATRONAGE CAPITAL -858,737 TOTAL 3,042,458 OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt055040151
IRS990/TotalAssetsEOYAmt060536356
IRS990/TotalAssetsGrp/BOYAmt055040151
IRS990/TotalAssetsGrp/EOYAmt060536356
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt035
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt030337216
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt021078435
IRS990/TotalLiabilitiesEOYAmt024308400
IRS990/TotalLiabilitiesGrp/BOYAmt021078435
IRS990/TotalLiabilitiesGrp/EOYAmt024308400
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt033961716
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt036227956
IRS990/TotalOtherCompensationAmt0117991
IRS990/TotalProgramServiceRevenueAmt027663147
IRS990/TotalReportableCompFromOrgAmt0726039
IRS990/TotalRevenueGrp/ExclusionAmt01906083
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027654915
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt029560998
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt055040151
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt060536356
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1370
IRS990/USAddress/CityNm0DURANT
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd074702
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.SE-COOP.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LARRY SPEAKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GM
ReturnHeader/BusinessOfficerGrp/PhoneNum05809242170
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-17

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$60,536,356
Liabilities
$24,308,400
Net assets
$36,227,956
Revenue
$29,560,998
Expenses
$30,337,216
Net income
-$776,218
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$95.3$43.2$52.1$43.9$43.9$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$91.7$42.2$49.5$42.9$42.9$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$87.8$41.5$46.2$46.1$46.1$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$83.2$39.0$44.2$40.7$40.7$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$71.3$28.8$42.4$35.0$35.0$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$69.7$29.8$39.9$35.1$35.1$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.0$26.1$38.0$33.1$33.1$0.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.9$23.4$36.5$29.0$29.4$0.38
2016Detailed filing. Detailed filing data is available for this year.$60.5$24.3$36.2$29.6$30.3$0.78
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.0$21.1$34.0$28.8$30.0$1.18
2014Detailed filing. Detailed filing data is available for this year.$54.0$22.7$31.3$31.3$33.0$1.68
2013Detailed filing. Detailed filing data is available for this year.$52.6$23.7$28.9$27.2$28.1$0.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.4$20.5$27.0$24.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.7$21.3$26.5$26.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.1$22.6$24.4$23.3