Civic Intelligence

Nueces Electric Cooperative Inc

990 • Fiscal year 2010 • EIN 74-0811772

Jan 01, 2010 to Dec 31, 2010 • Filed on Nov 10, 2011

709 East Main78380
Siviq Scores

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

Liabilities / Assets

31st percentile

0.56x

Higher debt load relative to assets than 31% of similar nonprofits.

2010 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$118,324,671

No earlier filing loaded for comparison.

Net Assets

$51,606,996

No earlier filing loaded for comparison.

Liabilities

$66,717,675

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$75,441,315

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2010: $118,324,671Liabilities 2010: $66,717,675Net Assets 2010: $51,606,9962010Assets 2011: $123,458,325Liabilities 2011: $72,568,347Net Assets 2011: $50,889,9782011Assets 2012: $135,162,072Liabilities 2012: $79,414,751Net Assets 2012: $55,747,3212012Assets 2013: $154,617,513Liabilities 2013: $93,474,228Net Assets 2013: $61,143,2852013Assets 2014: $157,590,286Liabilities 2014: $92,131,159Net Assets 2014: $65,459,1272014Assets 2015: $164,384,186Liabilities 2015: $90,315,566Net Assets 2015: $74,068,6202015Assets 2016: $176,131,370Liabilities 2016: $94,937,634Net Assets 2016: $81,193,7362016Assets 2017: $186,837,286Liabilities 2017: $94,375,264Net Assets 2017: $92,462,0222017Assets 2018: $192,520,741Liabilities 2018: $91,515,952Net Assets 2018: $101,004,7892018Assets 2019: $206,673,260Liabilities 2019: $95,214,307Net Assets 2019: $111,458,9532019Assets 2020: $210,472,027Liabilities 2020: $95,536,004Net Assets 2020: $114,936,0232020Assets 2021: $212,095,793Liabilities 2021: $94,907,125Net Assets 2021: $117,188,6682021Assets 2022: $219,076,817Liabilities 2022: $95,790,881Net Assets 2022: $123,285,9362022Assets 2023: $223,330,069Liabilities 2023: $91,451,739Net Assets 2023: $131,878,3302023Assets 2024: $229,523,667Liabilities 2024: $87,870,810Net Assets 2024: $141,652,8572024

Highlighted filing

2010

Assets$118,324,671
Liabilities$66,717,675
Net Assets$51,606,996

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2010: $75,441,3152010Expenses 2011: $70,634,9862011Expenses 2012: $72,036,0572012Revenue 2013: $76,531,621Expenses 2013: $76,531,621Net Income 2013: $02013Revenue 2014: $83,324,437Expenses 2014: $83,324,437Net Income 2014: $02014Revenue 2015: $88,247,378Expenses 2015: $88,247,378Net Income 2015: $02015Revenue 2016: $100,167,287Expenses 2016: $99,680,668Net Income 2016: $486,6192016Revenue 2017: $112,161,802Expenses 2017: $111,227,062Net Income 2017: $934,7402017Revenue 2018: $115,333,723Expenses 2018: $115,725,281Net Income 2018: -$391,5582018Revenue 2019: $115,181,797Expenses 2019: $115,625,120Net Income 2019: -$443,3232019Revenue 2020: $97,372,195Expenses 2020: $99,637,541Net Income 2020: -$2,265,3462020Revenue 2021: $88,707,765Expenses 2021: $88,584,814Net Income 2021: $122,9512021Revenue 2022: $110,016,479Expenses 2022: $109,998,829Net Income 2022: $17,6502022Revenue 2023: $102,692,877Expenses 2023: $101,422,328Net Income 2023: $1,270,5492023Revenue 2024: $103,561,110Expenses 2024: $101,811,558Net Income 2024: $1,749,5522024

Highlighted filing

2010

Revenue-
Expenses$75,441,315
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Nov 10, 2011
Return Version
2010v3.4
Gross Receipts
$84,196,341
Mission and Program Overview

Mission

The mission of nueces electric cooperative, inc, a member-owned cooperative, is to help our members continually improve their quality of life by providing reliable and cost effective electric service.

Filing and Contact Details

Filer

EIN
74-0811772
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IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NameBusiness/BusinessNameLine11SOUTH TEXAS ELECTRIC COOPERATIVE
IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NameBusiness/BusinessNameLine12SOUTH TEXAS ELECTRIC COOPERATIVE
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IRS990ScheduleO/GeneralExplanation/Explanation0YES
IRS990ScheduleO/GeneralExplanation/Explanation1THE ORGANIZATION CONSISTS OF MEMBERS THAT BELONG TO THE COOP.
IRS990ScheduleO/GeneralExplanation/Explanation2MEMBERS OF THE GOVERNING BODY ARE ELECTED BY THE MEMBERS OF THE COOP.
IRS990ScheduleO/GeneralExplanation/Explanation3DECISIONS ARE SUBJECT TO APPROVAL BY MEMBERS.
IRS990ScheduleO/GeneralExplanation/Explanation4A DRAFT COPY IS REVIEWED BY THE CEO AND IS PROVIDED TO THE BOARD BEFORE FILING.
IRS990ScheduleO/GeneralExplanation/Explanation5OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE IMMEDIATELY ANY RELATIOSHIPS CONSIDERED TO BE A POSSIBLE CONFLICT OF INTEREST.
IRS990ScheduleO/GeneralExplanation/Explanation6A COMPARISON IS MADE AGAINST THE SALARY DATA FROM CO-OPS IN THE STATE, REGION, AND NATION.
IRS990ScheduleO/GeneralExplanation/Explanation7A COMPARISON IS MADE AGAINST THE SALARY DATA FROM CO-OPS IN THE STATE, REGION, AND NATION.
IRS990ScheduleO/GeneralExplanation/Explanation8ANNUAL REPORT AND BY-LAWS ARE ON THE WEBSITE. OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Identifier0MANAGEMENT DELEGATED
IRS990ScheduleO/GeneralExplanation/Identifier1CLASSES OF MEMBERS OR STOCKHOLDERS
IRS990ScheduleO/GeneralExplanation/Identifier2ELECTION OF MEMBERS AND THEIR RIGHTS
IRS990ScheduleO/GeneralExplanation/Identifier3DECISIONS SUBJECT TO APPROVAL OF MEMBERS
IRS990ScheduleO/GeneralExplanation/Identifier4ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier5ENFORCEMENT OF CONFLICTS POLICY
IRS990ScheduleO/GeneralExplanation/Identifier6COMPENSATION PROCESS FOR TOP OFFICIAL
IRS990ScheduleO/GeneralExplanation/Identifier7COMPENSATION PROCESS FOR OFFICERS
IRS990ScheduleO/GeneralExplanation/Identifier8GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/GeneralExplanation/ReturnReference8FORM 990, PAGE 6, PART VI, LINE 19
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$230$87.9$142$104$102$1.75
2023Detailed filing. Detailed filing data is available for this year.$223$91.5$132$103$101$1.27
2022Detailed filing. Detailed filing data is available for this year.$219$95.8$123$110$110$0.02
2021Detailed filing. Detailed filing data is available for this year.$212$94.9$117$88.7$88.6$0.12
2020Detailed filing. Detailed filing data is available for this year.$210$95.5$115$97.4$99.6$2.27
2019Detailed filing. Detailed filing data is available for this year.$207$95.2$111$115$116$0.44
2018Detailed filing. Detailed filing data is available for this year.$193$91.5$101$115$116$0.39
2017Detailed filing. Detailed filing data is available for this year.$187$94.4$92.5$112$111$0.93
2016Detailed filing. Detailed filing data is available for this year.$176$94.9$81.2$100$99.7$0.49
2015Detailed filing. Detailed filing data is available for this year.$164$90.3$74.1$88.2$88.2$0.00
2014Detailed filing. Detailed filing data is available for this year.$158$92.1$65.5$83.3$83.3$0.00
2013Detailed filing. Detailed filing data is available for this year.$155$93.5$61.1$76.5$76.5$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$135$79.4$55.7$72.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$123$72.6$50.9$70.6
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$118$66.7$51.6$75.4