Civic Intelligence

Fayette Electric Cooperative Inc

990 • Fiscal year 2012 • EIN 74-0620793

Jan 01, 2012 to Dec 31, 2012 • Filed on Oct 15, 2013

Organization ProfileWWW.FAYETTE.COOP
Drawer 49078945
Siviq Scores

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

Liabilities / Assets

36th percentile

0.51x

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

2012 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

56th percentile

4.1%

Faster asset growth than 56% of similar nonprofits.

2012 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$65,653,933

Up $2,572,206 (+4.1%) from 2011

Net Assets

Up

$32,054,773

Up $1,547,947 (+5.1%) from 2011

Liabilities

Up

$33,599,160

Up $1,024,259 (+3.1%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$27,588,337

Up $11,264 (+0.0%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$150M$100M$50M$0Assets 2010: $60,130,332Liabilities 2010: $31,355,640Net Assets 2010: $28,774,6922010Assets 2011: $63,081,727Liabilities 2011: $32,574,901Net Assets 2011: $30,506,8262011Assets 2012: $65,653,933Liabilities 2012: $33,599,160Net Assets 2012: $32,054,7732012Assets 2013: $70,358,002Liabilities 2013: $36,956,372Net Assets 2013: $33,401,6302013Assets 2014: $77,218,836Liabilities 2014: $44,155,339Net Assets 2014: $33,063,4972014Assets 2015: $78,966,327Liabilities 2015: $45,045,835Net Assets 2015: $33,920,4922015Assets 2016: $79,791,844Liabilities 2016: $44,670,433Net Assets 2016: $35,121,4112016Assets 2017: $83,008,986Liabilities 2017: $45,750,807Net Assets 2017: $37,258,1792017Assets 2018: $85,061,523Liabilities 2018: $46,744,056Net Assets 2018: $38,317,4672018Assets 2019: $86,427,047Liabilities 2019: $47,937,044Net Assets 2019: $38,490,0032019Assets 2020: $90,206,218Liabilities 2020: $53,058,074Net Assets 2020: $37,148,1442020Assets 2021: $93,811,267Liabilities 2021: $56,289,122Net Assets 2021: $37,522,1452021Assets 2022: $95,911,280Liabilities 2022: $59,322,211Net Assets 2022: $36,589,0692022Assets 2023: $108,158,589Liabilities 2023: $70,962,747Net Assets 2023: $37,195,8422023Assets 2024: $118,225,661Liabilities 2024: $83,043,967Net Assets 2024: $35,181,6942024

Highlighted filing

2012

Assets$65,653,933
Liabilities$33,599,160
Net Assets$32,054,773
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60M$40M$20M$0-$20MExpenses 2010: $24,123,6422010Expenses 2011: $27,577,0732011Expenses 2012: $27,588,3372012Revenue 2013: $26,721,095Expenses 2013: $26,721,095Net Income 2013: $02013Revenue 2014: $32,768,200Expenses 2014: $32,768,200Net Income 2014: $02014Revenue 2015: $32,530,217Expenses 2015: $32,530,217Net Income 2015: $02015Revenue 2016: $28,751,510Expenses 2016: $28,751,510Net Income 2016: $02016Revenue 2017: $32,536,764Expenses 2017: $32,378,230Net Income 2017: $158,5342017Revenue 2018: $34,334,985Expenses 2018: $34,425,355Net Income 2018: -$90,3702018Revenue 2019: $38,163,975Expenses 2019: $38,067,087Net Income 2019: $96,8882019Revenue 2020: $39,346,324Expenses 2020: $39,343,131Net Income 2020: $3,1932020Revenue 2021: $41,712,810Expenses 2021: $41,712,150Net Income 2021: $6602021Revenue 2022: $35,384,324Expenses 2022: $35,582,553Net Income 2022: -$198,2292022Revenue 2023: $39,212,708Expenses 2023: $38,864,912Net Income 2023: $347,7962023Revenue 2024: $39,719,567Expenses 2024: $41,262,339Net Income 2024: -$1,542,7722024

Highlighted filing

2012

Revenue-
Expenses$27,588,337
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Oct 15, 2013
Return Version
2012v2.1
Gross Receipts
$27,633,168
Mission and Program Overview

Mission

It is the mission of fayette electric cooperative, inc. To provide reliable, cost effective service to our member-owners while supporting the communities in which we operate.

Filing and Contact Details

Filer

EIN
74-0620793
Raw XML AppendixShowing 400 of 486 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.

Path#Value
IRS990/AccountantCompileOrReview00
IRS990/AccountsPayableAccruedExpenses/BOY01778848
IRS990/AccountsPayableAccruedExpenses/EOY02374578
IRS990/AccountsReceivable/BOY02068514
IRS990/AccountsReceivable/EOY02090699
IRS990/ActivitiesConductedPartnership00
IRS990/ActivityOrMissionDescription0TO PROVIDE RELIABLE, COST EFFECTIVE SERVICE TO OUR MEMBERS/OWNERS.
IRS990/AddressPrincipalOfficerUS/AddressLine10DRAWER 490
IRS990/AddressPrincipalOfficerUS/City0LA GRANGE
IRS990/AddressPrincipalOfficerUS/State0TX
IRS990/AddressPrincipalOfficerUS/ZIPCode078945
IRS990/AllOtherExpenses/Total08700
IRS990/AnnualDisclosureCoveredPersons01
IRS990/AuditCommittee01
IRS990/BenefitsPaidToMembersCY01642703
IRS990/BenefitsPaidToMembersPriorYear01782339
IRS990/BenefitsToMembers/Total01642703
IRS990/BsnssRltnshpThruFamilyMember00
IRS990/BsnssRltnshpWithOrganization00
IRS990/CapStckTrstPrinCurrentFunds/BOY0158425
IRS990/CapStckTrstPrinCurrentFunds/EOY0161140
IRS990/CashNonInterestBearing/BOY0964702
IRS990/CashNonInterestBearing/EOY0657987
IRS990/ChangesToOrganizingDocs00
IRS990/CollectionsOfArt00
IRS990/CompCurrentOfficersDirectors/Total0319732
IRS990/CompensationFromOtherSources00
IRS990/CompensationProcessCEO01
IRS990/CompensationProcessOther01
IRS990/ConflictOfInterestPolicy01
IRS990/ConservationEasements00
IRS990/ConsolidatedAuditFinancialStmt00
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine101140 WESTPARK AVENUE
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine11PO BOX 972119
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine12402 TECHNOLOGY DRIVE
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine13191 MENGER SPRINGS PARKWAY
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City0VICTORIA
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City1KANSAS CITY
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City2BASTROP
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City3BOERNE
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State0TX
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State1MO
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State2TX
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State3TX
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode077905
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode164187
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode278602
IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode378006
IRS990/ContractorCompensation/Compensation0873073
IRS990/ContractorCompensation/Compensation1791748
IRS990/ContractorCompensation/Compensation2646480
IRS990/ContractorCompensation/Compensation3140596
IRS990/ContractorCompensation/DescriptionOfServices0LINE CONSTRUCTION
IRS990/ContractorCompensation/DescriptionOfServices1ROW CLEARANCE AND TREE TRIMMING
IRS990/ContractorCompensation/DescriptionOfServices2LINE CONSTRUCTION
IRS990/ContractorCompensation/DescriptionOfServices3ENGINEERING SERVICES
IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine10SENDERO POWER LINE CONSTRUCTION
IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine11MCCOY TREE SURGERY COMPANY
IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine12LINE TECH
IRS990/ContractorCompensation/NameOfContractor/NameBusiness/BusinessNameLine13SCHNEIDER ENGINEERING
IRS990/ContributionsGrantsCurrentYear00
IRS990/ContributionsGrantsPriorYear00
IRS990/CostOfGoodsSold044831
IRS990/CreditCounseling01
IRS990/DecisionsSubjectToApproval01
IRS990/DeductibleContributionsOfArt00
IRS990/DeductibleNonCashContributions00
IRS990/DelegationOfManagementDuties00
IRS990/DepreciationDepletion/Total02361552
IRS990/DescribedIn501C300
IRS990/Description0SALE OF ELECTRIC ENERGY TO MEMBERS - 13,615 METERS SERVICES WERE PROVIDED POWER AT YEAR END AT COST ON A COOPERATIVE BASIS THROUGH THE ALLOCATION OF PATRONAGE CAPITAL.
IRS990/DisregardedEntity00
IRS990/DocumentRetentionPolicy01
IRS990/DonorAdvisedFunds00
IRS990/DoNotFollowSFAS1170X
IRS990/ElectionOfBoardMembers01
IRS990/EmploymentTaxReturnsFiled01
IRS990/EscrowAccountLiability/BOY04912
IRS990/EscrowAccountLiability/EOY03469
IRS990/FamilyOrBusinessRelationship00
IRS990/FederalGrantAuditRequired00
IRS990/ForeignActivities00
IRS990/ForeignFinancialAccount00
IRS990/ForeignOffice00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek05.10
IRS990/Form990PartVIISectionA/AverageHoursPerWeek18.80
IRS990/Form990PartVIISectionA/AverageHoursPerWeek24.50
IRS990/Form990PartVIISectionA/AverageHoursPerWeek37.50
IRS990/Form990PartVIISectionA/AverageHoursPerWeek46.90
IRS990/Form990PartVIISectionA/AverageHoursPerWeek53.50
IRS990/Form990PartVIISectionA/AverageHoursPerWeek63.70
IRS990/Form990PartVIISectionA/AverageHoursPerWeek740.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/NamePerson0DAVID G LEHMANN
IRS990/Form990PartVIISectionA/NamePerson1JOSEPH D KRUPPA
IRS990/Form990PartVIISectionA/NamePerson2BILL BRISCOE
IRS990/Form990PartVIISectionA/NamePerson3DAVID A STANCIK
IRS990/Form990PartVIISectionA/NamePerson4LEO C HENKE JR
IRS990/Form990PartVIISectionA/NamePerson5JOHN C IVY
IRS990/Form990PartVIISectionA/NamePerson6GALE LINCKE
IRS990/Form990PartVIISectionA/NamePerson7GARY DON NIETSCHE
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation761462
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization019191
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization121111
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization219511
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization319061
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization419511
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization519311
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization617861
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization7122713
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/Title0PRESIDENT
IRS990/Form990PartVIISectionA/Title1VICE-PRESIDENT
IRS990/Form990PartVIISectionA/Title2SECRETARY/TREASURER
IRS990/Form990PartVIISectionA/Title3DIRECTOR
IRS990/Form990PartVIISectionA/Title4DIRECTOR
IRS990/Form990PartVIISectionA/Title5DIRECTOR
IRS990/Form990PartVIISectionA/Title6DIRECTOR
IRS990/Form990PartVIISectionA/Title7GENERAL MANAGER
IRS990/Form990ProvidedToGoverningBody01
IRS990/Form990-TFiled01
IRS990/FormersListed00
IRS990/FSAudited01
IRS990/FSAuditedBasis/FinancialStatementSeparate0X
IRS990/FundraisingActivities00
IRS990/Gaming00
IRS990/GrantsAndSimilarAmntsCY08801
IRS990/GrantsAndSimilarAmntsPriorYear05903
IRS990/GrantsToDomesticOrgs/Total08801
IRS990/GrantsToIndividuals00
IRS990/GrantsToOrganizations01
IRS990/GrantToRelatedPerson00
IRS990/GrossIncomeFromMembers028221789
IRS990/GrossIncomeOtherSources0365623
IRS990/GrossReceipts027633168
IRS990/GrossRents/Personal04883
IRS990/GrossSalesOfInventory043320
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt01
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartIX0X
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartXI0X
IRS990/InfoInScheduleOPartXII0X
IRS990/Interest/Total01635692
IRS990/InventoriesForSaleOrUse/BOY01476422
IRS990/InventoriesForSaleOrUse/EOY01524624
IRS990/InvestmentIncomeCurrentYear022217
IRS990/InvestmentIncome/ExclusionAmount022217
IRS990/InvestmentIncomePriorYear022119
IRS990/InvestmentIncome/TotalRevenueColumn022217
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsProgramRelated/BOY02092771
IRS990/InvestmentsProgramRelated/EOY02198669
IRS990/LandBldgEquipmentAccumDeprec013570704
IRS990/LandBuildingsEquipmentBasis071815966
IRS990/LandBuildingsEquipmentBasisNet/BOY056276114
IRS990/LandBuildingsEquipmentBasisNet/EOY058245262
IRS990/LessRentalExpenses/Personal00
IRS990/LoanToOfficerOrDQP00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders01
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees00
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0IT IS THE MISSION OF FAYETTE ELECTRIC COOPERATIVE, INC. TO PROVIDE RELIABLE, COST EFFECTIVE SERVICE TO OUR MEMBERS/OWNERS WHILE SUPPORTING THE COMMUNITIES IN WHICH WE OPERATE.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/MortNotesPyblSecuredInvestProp/BOY027735484
IRS990/MortNotesPyblSecuredInvestProp/EOY027863518
IRS990/NameOfPrincipalOfficerPerson0GARY DON NIETSCHE
IRS990/NbrIndependentVotingMembers07
IRS990/NbrVotingGoverningBodyMembers07
IRS990/NbrVotingMembersGoverningBody07
IRS990/NetAssetsOrFundBalancesBOY030506826
IRS990/NetAssetsOrFundBalancesEOY032054773
IRS990/NetIncomeOrLoss/RelatedOrExemptFunctionIncome0-647
IRS990/NetIncomeOrLoss/TotalRevenueColumn0-1511
IRS990/NetIncomeOrLoss/UnrelatedBusinessRevenue0-864
IRS990/NetRentalIncomeOrLoss/ExclusionAmount04311
IRS990/NetRentalIncomeOrLoss/RelatedOrExemptFunctionIncome0572
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn04883
IRS990/NetUnrelatedBusinessTxblIncome0-864
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith1096021
IRS990/NumberIndependentVotingMembers07
IRS990/NumberIndividualsGT100K01
IRS990/NumberOfContractorsGT100K04
IRS990/NumberOfEmployees044
IRS990/NumberW2GIncluded00
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c0X
IRS990/OtherAssetsTotal/BOY0157716
IRS990/OtherAssetsTotal/EOY0171831
IRS990/OtherEmployeeBenefits/Total0483171
IRS990/OtherExpensePriorYear023425920
IRS990/OtherExpensesCurrentYear023468894
IRS990/OtherExpenses/Description0PURCHASED POWER
IRS990/OtherExpenses/Description1DISTRIBUTION EXPENSE
IRS990/OtherExpenses/Description2ADMIN & GENERAL
IRS990/OtherExpenses/Description3CONSUMER ACCOUNT EXPENS
IRS990/OtherExpenses/Total016579099
IRS990/OtherExpenses/Total11919696
IRS990/OtherExpenses/Total2631531
IRS990/OtherExpenses/Total3332624
IRS990/OtherLiabilities/BOY03055657
IRS990/OtherLiabilities/EOY03357595
IRS990/OtherRevenueCurrentYear03372
IRS990/OtherRevenuePriorYear0-512
IRS990/OtherSalariesAndWages/Total01365964
IRS990/PaidInCapSrplsLandBldgEqpFund/BOY00
IRS990/PaidInCapSrplsLandBldgEqpFund/EOY00
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/Total0116491
IRS990/PensionPlanContributions/Total0182581
IRS990/PoliticalActivities00
IRS990/PrepaidExpensesDeferredCharges/BOY045488
IRS990/PrepaidExpensesDeferredCharges/EOY0764861
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0221000
IRS990/ProgramServiceRevenue/BusinessCode1221000
IRS990/ProgramServiceRevenue/BusinessCode2221000
IRS990/ProgramServiceRevenueCY027562748
IRS990/ProgramServiceRevenue/Description0ELECTRIC ENERGY SALES
IRS990/ProgramServiceRevenue/Description1PATRONAGE DIVIDENDS
IRS990/ProgramServiceRevenue/Description2ELECTRIC SERVICE FEES
IRS990/ProgramServiceRevenuePriorYear027555466
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome027196056
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome1321437
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome245255
IRS990/ProgramServiceRevenue/TotalRevenueColumn027196056
IRS990/ProgramServiceRevenue/TotalRevenueColumn1321437
IRS990/ProgramServiceRevenue/TotalRevenueColumn245255
IRS990/ProhibitedTaxShelterTrans00
IRS990/ReconcilationOtherChanges01547947
IRS990/ReconcilationRevenueExpenses00
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity00
IRS990/RelatedOrgControlledEntity00
IRS990/RentalIncomeOrLoss/Personal04883
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities00
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities01
IRS990/ReportProgRelInvest00
IRS990/RetainedEarningsEndowmentEtc/BOY030348401
IRS990/RetainedEarningsEndowmentEtc/EOY031893633
IRS990/RevenuesLessExpensesCY00
IRS990/RevenuesLessExpensesPriorYear00
IRS990/SalariesEtcCurrentYear02467939
IRS990/SalariesEtcPriorYear02362911
IRS990/ScheduleBRequired00
IRS990ScheduleD/AgentTrusteeEtc00
IRS990ScheduleD/Buildings/BookValue01438851
IRS990ScheduleD/Buildings/Depreciation0441200
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis01880051
IRS990ScheduleD/Equipment/BookValue056161622
IRS990ScheduleD/Equipment/Depreciation013129504
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis069291126
IRS990ScheduleD/ExpensesNotRptdF99000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt01642703
IRS990ScheduleD/ExpensesSubtotal025945634
IRS990ScheduleD/ExplanationInPartXIII0X
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0PURSUANT TO SECTION 74.3013 OF THE TEXAS PROPERTY CODE, THE COOPERATIVE HAS ESTABLISHED A RURAL SCHOLARSHIP FUND WITH RETIREMENTS OF PATRONAGE CAPITAL, WHICH HAVE REMAINED UNCLAIMED FOR A PERIOD OF THREE YEARS. THE AMOUNTS DEPOSITED INTO THE RURAL SCHOLARSHIP FUND ARE APPROVED BY THE STATE OF TEXAS AND CAN ONLY BE USED FOR SCHOLARSHIPS TO ENABLE STUDENTS FROM RURAL AREAS TO ATTEND COLLEGE, TECHNICAL SCHOOL OR OTHER POST SECONDARY EDUCATION INSTITUTION. ANY AMOUNTS SO DEPOSITED INTO THE RURAL SCHOLARSHIP FUND ARE STILL PAYABLE TO THE PERSON TO WHOM THE ORIGINAL PAYMENT WAS MADE BUT UNCLAIMED.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1THE COOPERATIVE HAS ADOPTED THE "UNCERTAIN TAX POSITIONS" PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE PRIMARY TAX POSITION OF THE COOPERATIVE IS ITS FILING STATUS AS A TAX EXEMPT ENTITY. THE COOPERATIVE DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT THEIR TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS), AND THAT ALL TAX BENEFITS ARE LIKELY TO BE REALIZED UPON SETTLEMENT WITH TAXING AUTHORITIES.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation2PATRONAGE CAPITAL ASSIGNABLE 1,642,703.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation3Part IX - THE AMOUNT OF OTHER ASSETS ON FORM 990, PAGE 11, PART X, LINE 15 DOES NOT EQUAL OR EXCEED 5% OF THE TOTAL ASSETS ON FORM 990, PAGE 11, PART X, LINE 16, COLUMN B. CONSEQUENTLY, IN ACCORDANCE WITH IRS INSTRUCTIONS SCHEDULE D, PART IX HAS BEEN LEFT BLANK. Part VIII: THE AMOUNT OF INVESTMENTS - PROGRAM RELATED ON FORM 990, PAGE 11, PART X, LINE 13 DOES NOT EQUAL OR EXCEED 5 PERCENT OF THE TOTAL ASSETS ON FORM 990, PAGE 11, PART X, LINE 16, COLUMN B. CONSEQUENTLY IN ACCORDANCE WITH IRS INSTRUCTIONS SCHEDULE D, PART VIII HAS BEEN LEFT BLANK. PATRONAGE CAPITAL ASSIGNABLE - $1,642,703. Part XII, Line 4B FOR THE AUDITED FINANCIAL STATEMENTS, THE AMOUNT OF PATRONAGE DIVIDENDS PAID OR ALLOCATED TO THE MEMBERS IS REPORTED AS AN INCREASE IN EQUITY AND NOT AS AN EXPENSE. THEREFORE, NET INCOME PER THE AUDITED FINANCIAL STATEMENTS IS REPORTED GROSS OF THE AMOUNT OF PATRONAGE DIVIDENDS THAT ARE EITHER ALLOCATED OR TO BE ALLOCATED AT THE TIME THE AUDITED FINANCIAL STATEMENTS ARE PREPARED. HOWEVER, BECAUSE THE ALLOCATION OF PATRONAGE DIVIDENDS IS ONE ASPECT OF HOW THE COOPERATIVE FULFILLS ITS TAX EXEMPT PURPOSE OF OPERATING ON A COOPERATIVE BASIS, THE AMOUNT OF PATRONAGE DIVIDENDS EITHER ALLOCATED OR TO BE ALLOCATED TO THE MEMBERS IS REPORTED ON FORM 990, PART IX, LINE 4 AS "BENEFITS PAID TO MEMBERS". PATRONAGE DIVIDENDS ARE ALLOCATED ON A PATRONAGE BASIS AND DONE SO PURSUANT TO A PRE-EXISTING OBLIGATION AS PROVIDED FOR IN THE "NON-PROFIT OPERATION" ARTICLE OF THE COOPERATIVE'S BYLAWS.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0Description of Uncertain Tax Positions Under FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1Part XII, Line 4b - Other Adjustments:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0Part IV, Line 2b:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference1Part X, Line 2:
IRS990ScheduleD/IncludedOnFS01
IRS990ScheduleD/Land/BookValue0216000
IRS990ScheduleD/Land/OtherCostOrOtherBasis0216000
IRS990ScheduleD/OtherExpensesNotIncluded01642703
IRS990ScheduleD/OtherLandBuildings/BookValue0428789
IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis0428789
IRS990ScheduleD/OtherLiabilities/Amount0388789
IRS990ScheduleD/OtherLiabilities/Amount1199490
IRS990ScheduleD/OtherLiabilities/Amount222634
IRS990ScheduleD/OtherLiabilities/Amount3288479
IRS990ScheduleD/OtherLiabilities/Amount4101991
IRS990ScheduleD/OtherLiabilities/Amount51025410
IRS990ScheduleD/OtherLiabilities/Amount6710596
IRS990ScheduleD/OtherLiabilities/Amount7620206
IRS990ScheduleD/OtherLiabilities/Description0CONSUMER DEPOSITS
IRS990ScheduleD/OtherLiabilities/Description1ACCRUED EMPLOYEE COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilities/Description2ACCRUED TAXES
IRS990ScheduleD/OtherLiabilities/Description3ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilities/Description4ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilities/Description5REFUNDABLE AID TO CONSTRUCTION
IRS990ScheduleD/OtherLiabilities/Description6DEFERRED CREDIT
IRS990ScheduleD/OtherLiabilities/Description7POWER COST RECOVER - OVERBILLED
IRS990ScheduleD/RevenueNotRptdF99000
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal027588337
IRS990ScheduleD/TotalExpensesPerForm990027588337
IRS990ScheduleD/TotalOfAmounts03357595
IRS990ScheduleD/TotalOfBookValueLandBuildings058245262
IRS990ScheduleD/TotalRevenuePerForm990027588337
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt025945634
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt027588337
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0ALL GRANTS, SPONSORSHIPS AND DONATIONS ARE MADE TO NON-PROFIT AND CIVIC ORGANIZATIONS THAT ARE LOCATED IN THE COOPERATIVE'S SERVICE AREA. ALL DONATIONS ARE INTENDED TO IMPROVE THE COMMUNITIES IN WHICH OUR MEMBERS RESIDE.
IRS990ScheduleI/RecordsMaintained00
IRS990ScheduleJ/BoardOrCommitteeApproval0X
IRS990ScheduleJ/CompensationSurvey0X
IRS990ScheduleJ/DiscretionarySpendingAccount0X
IRS990ScheduleJ/EquityBasedCompArrangement00
IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg0119250
IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg0152
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg039059
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0Part II, Column C INCLUDED IN THIS AMOUNT IS THE INCREASE IN ACTUARIAL VALUE OF BENEFITS PAYABLE UNDER A DEFINED BENEFIT RETIREMENT PLAN. THE CONTRIBUTION RATE FOR PARTICIPANTS IN THE NRECA R&S DEFINED BENEFIT PENSION PLAN ARE THE SAME FOR ALL INDIVIDUALS IN THIS MULTI-EMPLOYER PLAN. THE CHANGE IN ACTUARIAL VALUE FOR EACH PARTICIPANT, HOWEVER, VARIES WITH AGE. IN OTHER WORDS, THE OLDER A PLAN PARTICIPANT IS, THE GREATER THE INCREASE IN THAT INDIVIDUAL'S CHANGE IN ACTUARIAL VALUE, ALL OTHER THINGS BEING EQUAL. BECAUSE THIS RELATES TO A MULTI-EMPLOYER PLAN, CASH CONTRIBUTION TO THE PLAN IN LIEU OF THE ACTUARIAL INCREASE ARE EXPENSED IN THE FINANCIAL STATEMENTS. GARY DON NIETSCHE ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN $ 39,059 TOTAL COLUMN C: $ 39,059 LESS: ACTUARIAL INCREASE IN DEFINED BENEFIT PLAN: (39,059) ADD: CASH CONTRIBUTION TO DEFINED BENEFIT PLAN: 19,492 TOTAL COOPERATIVE CASH CONTRIBUTION $ 19,492
IRS990ScheduleJ/Form990ScheduleJPartIII/Identifier0Supplemental Information
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference0Part III
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0GARY DON NIETSCHE
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg022403
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg03311
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/Title0GENERAL MANAGER
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg0184175
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SubstantiationRequired01
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleJ/WrittenPolicyReTAndEExpenses01
IRS990ScheduleO/GeneralExplanation/Explanation0THE COOPERATIVE WAS FORMED BY THE MEMBERS TO PROVIDE ELECTRIC SERVICE AT COST ON A COOPERATIVE BASIS.
IRS990ScheduleO/GeneralExplanation/Explanation1THE MEMBERS OF THE COOPERATIVE VOTE ON THE BOARD OF DIRECTORS. ELECTIONS ARE DONE ON A ONE MEMBER ONE VOTE BASIS.
IRS990ScheduleO/GeneralExplanation/Explanation2THE FOLLOWING ACTS REQUIRE APPROVAL OF THE MEMBERS OF THE COOPERATIVE: 1. THE DISPOSAL OF A SUBSTANTIAL PORTION OF THE COOPERATIVE'S ASSETS; 2. THE DISSOLUTION/LIQUIDATION OF THE COOPERATIVE; 3. THE MERGER OR CONSOLIDATION OF THE COOPERATIVE WITH ANOTHER ORGANIZATION; AND 4. PURCHASE OF STOCK OR BECOME A MEMBER OF ANY OTHER ORGANIZATION UNLESS THE ORGANIZATION IS A NON-PROFIT ORGANIZATION ENGAGED IN FURTHERING THE CAUSE OF RURAL ELECTRIFICATION.
IRS990ScheduleO/GeneralExplanation/Explanation3FROM TIME TO TIME THE ENTIRE BOARD WILL GO INTO EXECUTIVE SESSION FOR DISCUSSING ITEMS OF A SENSITIVE AND CONFIDENTIAL NATURE. WHEN THIS OCCURS MANAGEMENT AND OTHERS IN ATTENDANCE ARE REMOVED FROM THE MEETING ROOM. ITEMS DISCUSSED IN EXECUTIVE SESSION ARE NOT DOCUMENTED. HOWEVER, ACTIONS TAKEN BY THE BOARD AFTER EXECUTIVE SESSIONS ARE ADJOURNED ARE FULLY DOCUMENTED IN THE WRITTEN MINUTES.
IRS990ScheduleO/GeneralExplanation/Explanation4MANAGEMENT PRESENTED A COPY OF THE FORM 990 TO BOARD FOR DISCUSSION, REVIEW AND APPROVAL PRIOR TO FILING. THE DISCUSSION AND REVIEW WAS PERFORMED AT THE BOARD MEETING IMMEDIATELY BEFORE THE FILING OF THE FORM 990.
IRS990ScheduleO/GeneralExplanation/Explanation5THE BOARD MUST ANNUALLY DISCLOSE, SIGN AND ATTEST TO ANY CONFLICT OF INTERESTS BETWEEN SUCH BOARD MEMBER AND THE COOPERATIVE. THE COOPERATIVE'S BYLAWS ADDRESS HOW A BOARD MEMBER WOULD BE IN CONFLICT IF SUCH BOARD MEMBER HOLDS A PUBLIC OFFICE FOR WHICH A SALARY IS PAID OR IS EMPLOYED BY OR FINANCIALLY INTERESTED IN A COMPETING BUSINESS OR ENTERPRISE FROM WHICH THE COOPERATIVE BUYS FROM OR SELLS TO.
IRS990ScheduleO/GeneralExplanation/Explanation6THE BOARD OF DIRECTORS USE A COMPENSATION SURVEY WHEN DETERMINING THE COMPENSATION OF THE GENERAL MANAGER. THE SURVEY SHOWS COMPARATIVE SALARIES OF SUCH POSITIONS FROM TEXAS AND THE NATION. THE BOARD OF DIRECTORS AND THE GENERAL MANAGER USE A COMPENSATION SURVEY WHEN DETERMINING THE COMPENSATION OF THE OTHER OFFICERS AND KEY EMPLOYEES, IF ANY. THE SURVEY SHOWS COMPARATIVE SALARIES OF SUCH POSITIONS FROM TEXAS AND THE NATION.
IRS990ScheduleO/GeneralExplanation/Explanation7THE COOPERATIVE WILL PROVIDE A COMPLETE COPY OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS TO ANY MEMBER WHO REQUESTS A COPY OF ANY SUCH DOCUMENT. THE COOPERATIVE PROVIDES ANNUALLY A COPY OF THE AUDITED BALANCE SHEET AND INCOME STATEMENT TO THE MEMBERS OF THE COOPERATIVE IN THE NOTICE OF ANNUAL MEETING MAILED TO ALL MEMBERS AND AT THE ANNUAL MEETING.
IRS990ScheduleO/GeneralExplanation/Explanation8THE FORM 990 INSTRUCTIONS SPECIFICALLY STATE THAT THE AMOUNT OF PATRONAGE DIVIDENDS PAID TO THE MEMBERS (HEREINAFTER REFERRED TO AS PATRONS) SHOULD BE REPORTED ON PART IX, LINE 4 AS "BENEFITS PAID TO MEMBERS". THE PHRASE "PATRONAGE DIVIDENDS PAID" REFERS TO THE PROCESS, SUBSEQUENT TO YEAR-END, BY WHICH THE COOPERATIVE ALLOCATES PATRONAGE CAPITAL TO AND, THEREFORE, OPERATES AT COST WITH ITS PATRONS. THE COOPERATIVE'S TAX EXEMPT PURPOSE IS TO PROVIDE ELECTRICITY TO ITS PATRONS AND TO DO SO ON A COOPERATIVE BASIS. TAX LAW DEFINES "OPERATING ON A COOPERATIVE BASIS" AS SUBORDINATION OF CAPITAL, DEMOCRATIC CONTROL, AND OPERATION AT COST. THE COOPERATIVE OPERATES AT COST THROUGH THE ALLOCATION OF TRUE PATRONAGE DIVIDENDS (ALSO REFERRED TO AS ALLOCATIONS OF PATRONAGE CAPITAL) TO ITS PATRONS. PATRONAGE DIVIDENDS ARE CONSIDERED PAID IF THE ALLOCATION IS MADE (1) PURSUANT TO A PRE-EXISTING OBLIGATION, (2) FROM THE MARGINS PRODUCED FROM THE TRANSACTIONS DONE WITH OR FOR PATRONS, AND (3) IN A FAIR AND EQUITABLE BASIS ON THE BASIS OF PATRONAGE (I.E. PURCHASES). ADDITIONALLY, THE ALLOCATION OF PATRONAGE DIVIDENDS SHOULD BE MADE WITHIN A REASONABLE TIME PERIOD AFTER THE CLOSE OF THE COOPERATIVE'S YEAR-END OF DECEMBER 31. EACH ONE OF THESE REQUIREMENTS FOR A TRUE PATRONAGE DIVIDEND IS PROVIDED FOR IN THE NON-PROFIT OPERATION ARTICLE OF THE COOPERATIVE'S BYLAWS AND IS SUMMARIZED AS FOLLOWS: (A) IN ORDER TO INDUCE PATRONAGE AND TO ASSURE THAT THE COOPERATIVE WILL OPERATE ON A NONPROFIT BASIS, THE COOPERATIVE IS OBLIGATED TO ACCOUNT ON A PATRONAGE BASIS TO ALL ITS PATRONS FOR ALL AMOUNTS RECEIVED AND RECEIVABLE FROM THE FURNISHING OF ELECTRIC POWER AND ENERGY IN EXCESS OF OPERATING COSTS AND EXPENSES PROPERLY CHARGEABLE AGAINST SUCH SERVICES (I.E. MARGINS FROM THE PROVISION OF ELECTRIC POWER AND ENERGY). (B) THE MARGINS FROM THE PROVISION OF ELECTRIC POWER AND ENERGY ARE RECEIVED WITH THE UNDERSTANDING THAT THEY ARE FURNISHED BY THE PATRONS AS CAPITAL. (C) THE COOPERATIVE IS OBLIGATED TO PAY BY CREDITS TO A CAPITAL ACCOUNT FOR EACH PATRON FOR ALL SUCH MARGINS. AND (D) ALL SUCH AMOUNTS CREDITED TO THE CAPITAL ACCOUNT OF ANY PATRONS SHALL HAVE THE SAME STATUS AS THOUGH THEY HAD BEEN PAID TO THE PATRON IN CASH IN PURSUANCE OF A LEGAL OBLIGATION TO DO SO AND THE PATRON HAD THEN FURNISHED TO THE COOPERATIVE CORRESPONDING AMOUNTS OF CAPITAL. THE AMOUNT REPORTED ON PART IX, LINE 4 REPRESENTS THE AMOUNT OF PATRONAGE CAPITAL THAT IS EITHER ALLOCATED OR TO BE ALLOCATED TO THE PATRONS RESULTING FROM THEIR PURCHASE OF ELECTRICITY FROM THE COOPERATIVE FOR THE 2012 CALENDAR YEAR. AS NOTED ABOVE, SUCH AMOUNTS ARE ALLOCATED SUBSEQUENT TO YEAR-END IN A FAIR AND EQUITABLE MANNER ON THE BASIS OF PATRONAGE (I.E. PURCHASES). THE AMOUNTS ALLOCATED ARE REPRESENTATIVE OF THE MARGINS FROM THE PROVISION OF ELECTRIC POWER AND ENERGY TO THE PATRONS AND ARE DONE PURSUANT TO THE OLBIGATION THAT EXISTED IN THE BYLAWS PRIOR TO THE COOPERATIVE PROVIDING ELECTRICITY TO ITS PATRONS. THEREFORE, THESE AMOUNTS MEET THE DEFINITION OF THE TERM "PATRONAGE DIVIDENDS PAID". PLEASE NOTE, HOWEVER, THAT BECAUSE PATRONAGE DIVIDENDS IS THE PROCESS BY WHICH THE COOPERATIVE OPERATES AT COST WITH ITS PATRONS AND THEREBY A KEY COMPONENT TO ACCOMPLISHING ITS EXEMPT PURPOSE, THE COOPERATIVE HAS REPORTED THE AMOUNT OF ITS 2012 MARGIN THAT HAS BEEN OR IS TO BE ALLOCATED TO THE PATRONS SUBSEQUENT TO YEAR-END. SUCH AMOUNTS ARE AN EXPENSE FOR FORM 990 REPORTING AND IS NOT AN EXPENSE FOR FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. AS A RESULT, THE DIFFERENCE BETWEEN THE COOPERATIVE'S GAAP BASIS FINANCIAL STATEMENTS AND THE REVENUE LESS EXPENSES REPORTED ON PART I, LINE 19 IS THE AMOUNT OF PATRONAGE DIVIDENDS REPORTED AS BENEFITS PAID TO MEMBERS.
IRS990ScheduleO/GeneralExplanation/Explanation9NET CHANGE IN MEMBERSHIP EQUITIES 2,715. RETIREMENT OF PATRONAGE CAPITAL -97,470. PATRONAGE CAPITAL ASSIGNABLE 1,642,702.
IRS990ScheduleO/GeneralExplanation/Explanation10THE BOARD OF DIRECTORS HAVE ASSIGNED MEMBERS TO AN AUDIT COMMITTEE TO OVERSEE THE ANNUAL FINANCIAL STATEMENT AUDIT AND TO HELP SELECT THE INDEPENDENT AUDITOR WHO WILL PERFORM THE AUDIT.
IRS990ScheduleO/GeneralExplanation/Explanation11PATRONAGE DIVIDENDS RESULT FROM THE PAYMENT OF INTEREST FROM COOPERATIVE BANKS AND THE PURCHASE OF SUPPLIES AND SERVICES FROM OTHER COOPERATIVE ORGANIZATIONS. THE EXPENSES ASSOCIATED WITH PURCHASES FROM AND PAYMENTS TO SUCH COOPERATIVE ORGANIZATIONS ARE A DIRECT COMPONENT OF COST OF ELECTRIC SERVICE PROVIDED BY THE ORGANIZATION TO ITS MEMBERS.
IRS990ScheduleO/GeneralExplanation/Explanation12THE ACCOUNTING RECORDS OF THE COOPERATIVE ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS AS PRESCRIBED BY THE FEDERAL ENERGY REGULATORY COMMISSION FOR CLASS A AND B ELECTRIC UTILITIES MODIFIED FOR ELECTRIC BORROWERS OF THE NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION. THE UNIFORM SYSTEM OF ACCOUNTING DOES NOT RECORD EXPENSES IN THE GENERAL EXPENSE CATEGORIES PROVIDED ON PART IX LINES 1 - 23. THE COOPERATIVE WILL BREAK OUT SALARIES AND WAGES, EMPLOYEE BENEFITS AND PAYROLL TAXES THAT ARE ALLOCATED IN ACCORDANCE WITH THEIR ACCOUNTING SYSTEM, BUT OTHER EXPENSES THAT ARE DESCRIBED IN LINES 1 - 23 WILL BE REPORTED ON LINE 24 UNDER THE EXPENSE CATEGORIES REQUIRED BY THE UNIFORM SYSTEM OF ACCOUNTS.
IRS990ScheduleO/GeneralExplanation/Explanation13SALARIES AND WAGES ARE ALLOCATED TO ASSET, LIABILITY, AND EXPENSE ACCOUNTS BASED ON THE ACCOUNTING SYSTEM DESCRIBED ABOVE. IN AN EFFORT TO EXPLAIN WHY THE AMOUNTS REPORTED ON LINES 5-7 DO NOT AGREE TO THE W-3 THE FOLLOWING RECONCILIATION IS PROVIDED. TOTAL PER LINES 5-7 $1,685,696 LESS DIRECTORS FEES REPORTED ON 1099-MISC (135,557) PLUS SALARIES AND WAGES ALLOCATED TO ASSET ACCOUNTS 851,013 LESS EMPLOYEE OFFICER BENEFITS INCLUDED IN LINE 5 (61,462) RECONCILIATION TO W-3 $2,339,690
IRS990ScheduleO/GeneralExplanation/Explanation14THE FOLLOWING IS A BREAKDOWN OF THE EXPENSES REPORTED AS ADMINISTRATIVE AND GENERAL EXPENSE ON FORM 990, PART IX, LINE 24 OFFICE SUPPLIES & EXPENSE $ 165,008 OUTSIDE SERVICES EMPLOYED 113,627 INJURIES AND DAMAGES 17,226 REGULATORY COMMISSION 46,034 ASSOCIATE MEMBER DUES 47,194 MAINTENANCE OF GENERAL PLANT 104,333 MISCELLANEOUS ADMINISTRATIVE AND GENERAL 138,109 TOTAL ADMINISTRATIVE AND GENERAL EXPENSE PER 990 $ 631,531
IRS990ScheduleO/GeneralExplanation/Explanation15THE ORGANIZATION PARTICIPATES IN A MULTI-EMPLOYER DEFINED BENEFIT PLAN. CONTRIBUTIONS TO THIS PLAN ARE BASED ON THE FULL FUNDING LIMITATION OF SUCH PLAN. EMPLOYER CONTRIBUTIONS FOR THE PLAN ARE AVAILABLE TO PARTICIPATING EMPLOYEES, INCLUDING OFFICERS, MEETING THE ELIGIBILITY REQUIREMENTS OF SUCH PLANS. THE ORGANIZATION ALSO PROVIDES HEALTH, DENTAL AND LIFE INSURANCE TO ALL EMPLOYEES, INCLUDING OFFICERS, THROUGH A QUALIFIED PLAN. THE AMOUNTS REPORTED ON PART VII, COLUMN (F) FOR THE OFFICER IS COMPRISED OF THE ACTUARIAL INCREASE IN THE DEFINED BENEFIT PLAN FOR THE OFFICER AND INSURANCE PAID ON BEHALF OF AND FOR BENEFIT OF THE OFFICER.
IRS990ScheduleO/GeneralExplanation/Explanation16THE BOARD OF DIRECTORS CONSIDERS THE GENERAL MANAGER TO BE BOTH THE TOP MANAGEMENT OFFICIAL AND THE TOP FINANCIAL OFFICIAL. THEREFORE, ONLY THE GENERAL MANAGER IS LISTED AS AN EMPLOYEE OFFICER.
IRS990ScheduleO/GeneralExplanation/Identifier0BENEFITS PAID TO MEMBERS
IRS990ScheduleO/GeneralExplanation/Identifier1Changes in Net Assets or Fund Balances:
IRS990ScheduleO/GeneralExplanation/Identifier2AUDIT COMMITTEE
IRS990ScheduleO/GeneralExplanation/Identifier3PATRONAGE DIVIDENDS
IRS990ScheduleO/GeneralExplanation/Identifier4ACCOUNTING SYSTEM
IRS990ScheduleO/GeneralExplanation/Identifier5RECONCILLIATION OF WAGES PER RETURN TO FORM W-3
IRS990ScheduleO/GeneralExplanation/Identifier6BREAKDOWN OF EXPENSES INCLUDED IN ADMINISTRATIVE AND GENERAL
IRS990ScheduleO/GeneralExplanation/Identifier7TO PROVIDE DETAIL REGARDING OFFICER BENEFITS
IRS990ScheduleO/GeneralExplanation/Identifier8GENERAL MANAGER RESPONSIBILITIES
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part VI, Section B, line 11
IRS990ScheduleO/GeneralExplanation/ReturnReference5Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/GeneralExplanation/ReturnReference6Form 990, Part VI, Section B, line 15
IRS990ScheduleO/GeneralExplanation/ReturnReference7Form 990, Part VI, Section C, line 19
IRS990ScheduleO/GeneralExplanation/ReturnReference8FORM 990, PART IX, LINE 4
IRS990ScheduleO/GeneralExplanation/ReturnReference9Form 990, Part XI, line 9:
IRS990ScheduleO/GeneralExplanation/ReturnReference10Form 990, Part XII, Line 2C
IRS990ScheduleO/GeneralExplanation/ReturnReference11Form 990, Part VIII, Line 2B
IRS990ScheduleO/GeneralExplanation/ReturnReference12Form 990, Part IX

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$65,653,933
Liabilities
$33,599,160
Net assets
$32,054,773
Revenue
-
Expenses
$27,588,337
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$118$83.0$35.2$39.7$41.3$1.54
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$108$71.0$37.2$39.2$38.9$0.35
2022Detailed filing. Detailed filing data is available for this year.$95.9$59.3$36.6$35.4$35.6$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$93.8$56.3$37.5$41.7$41.7$0.00
2020Detailed filing. Detailed filing data is available for this year.$90.2$53.1$37.1$39.3$39.3$0.00
2019Detailed filing. Detailed filing data is available for this year.$86.4$47.9$38.5$38.2$38.1$0.10
2018Detailed filing. Detailed filing data is available for this year.$85.1$46.7$38.3$34.3$34.4$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$83.0$45.8$37.3$32.5$32.4$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$79.8$44.7$35.1$28.8$28.8$0.00
2015Detailed filing. Detailed filing data is available for this year.$79.0$45.0$33.9$32.5$32.5$0.00
2014Detailed filing. Detailed filing data is available for this year.$77.2$44.2$33.1$32.8$32.8$0.00
2013Detailed filing. Detailed filing data is available for this year.$70.4$37.0$33.4$26.7$26.7$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.7$33.6$32.1$27.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.1$32.6$30.5$27.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.1$31.4$28.8$24.1