Civic Intelligence

Upper Missouri G&T Electric Cooperative Inc

990 • Fiscal year 2013 • EIN 81-0285379

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 23, 2014

PO Box 106959270

(406) 433-4100

Siviq Scores

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

Liabilities / Assets

56th percentile

0.44x

Higher debt load relative to assets than 56% of similar nonprofits.

2013 filings • $250M-$1B nonprofits • Source year 2013

Liabilities / Revenue

25th percentile

0.18x

Higher debt load relative to revenue than 25% of similar nonprofits.

2013 filings • $250M-$1B nonprofits • Source year 2013

Net Margin

41st percentile

4.7%

Higher net margin than 41% of similar nonprofits.

2013 filings • $250M-$1B nonprofits • Source year 2013

Top Officer Pay

8th percentile

$150,591

Higher top officer pay than 8% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2013 filings • $250M-$1B nonprofits • Source year 2013

Asset Growth

88th percentile

19%

Faster asset growth than 88% of similar nonprofits.

2013 filings • $250M-$1B nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Assets

Up

$103,207,933

Up $16,506,989 (+19%) from 2012

Net Assets

Up

$57,937,003

Up $11,095,964 (+24%) from 2012

Liabilities

Up

$45,270,930

Up $5,411,025 (+14%) from 2012

Revenue

$252,999,784

No earlier filing loaded for comparison.

Expenses

Up

$241,017,522

Up $63,536,772 (+36%) from 2012

Net Income

$11,982,262

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.

$600M$400M$200M$0Assets 2011: $67,650,640Liabilities 2011: $28,062,712Net Assets 2011: $39,587,9282011Assets 2012: $86,700,944Liabilities 2012: $39,859,905Net Assets 2012: $46,841,0392012Assets 2013: $103,207,933Liabilities 2013: $45,270,930Net Assets 2013: $57,937,0032013Assets 2014: $121,075,415Liabilities 2014: $51,171,490Net Assets 2014: $69,903,9252014Assets 2015: $136,413,511Liabilities 2015: $53,487,784Net Assets 2015: $82,925,7272015Assets 2016: $174,349,590Liabilities 2016: $49,543,565Net Assets 2016: $124,806,0252016Assets 2017: $202,584,773Liabilities 2017: $54,951,838Net Assets 2017: $147,632,9352017Assets 2018: $283,583,299Liabilities 2018: $58,685,941Net Assets 2018: $224,897,3582018Assets 2019: $311,802,744Liabilities 2019: $65,473,079Net Assets 2019: $246,329,6652019Assets 2020: $334,768,198Liabilities 2020: $62,473,951Net Assets 2020: $272,294,2472020Assets 2021: $346,340,988Liabilities 2021: $55,863,851Net Assets 2021: $290,477,1372021Assets 2022: $433,555,708Liabilities 2022: $69,436,339Net Assets 2022: $364,119,3692022Assets 2023: $495,162,642Liabilities 2023: $80,455,710Net Assets 2023: $414,706,9322023Assets 2024: $537,325,401Liabilities 2024: $81,578,489Net Assets 2024: $455,746,9122024

Highlighted filing

2013

Assets$103,207,933
Liabilities$45,270,930
Net Assets$57,937,003

Operations Trend

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

$1.0B$500M$0Expenses 2011: $111,376,0482011Expenses 2012: $177,480,7502012Revenue 2013: $252,999,784Expenses 2013: $241,017,522Net Income 2013: $11,982,2622013Revenue 2014: $319,137,529Expenses 2014: $319,137,529Net Income 2014: $02014Revenue 2015: $383,856,061Expenses 2015: $383,856,061Net Income 2015: $02015Revenue 2016: $486,536,786Expenses 2016: $486,536,786Net Income 2016: $02016Revenue 2017: $531,441,307Expenses 2017: $531,441,307Net Income 2017: $02017Revenue 2018: $626,821,769Expenses 2018: $626,821,769Net Income 2018: $02018Revenue 2019: $648,547,503Expenses 2019: $648,547,503Net Income 2019: $02019Revenue 2020: $637,652,492Expenses 2020: $637,652,492Net Income 2020: $02020Revenue 2021: $649,145,791Expenses 2021: $649,145,791Net Income 2021: $02021Revenue 2022: $724,957,040Expenses 2022: $724,957,040Net Income 2022: $02022Revenue 2023: $856,251,798Expenses 2023: $856,251,798Net Income 2023: $02023Revenue 2024: $906,436,417Expenses 2024: $906,436,417Net Income 2024: $02024

Highlighted filing

2013

Revenue$252,999,784
Expenses$241,017,522
Net Income$11,982,262
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 23, 2014
Return Version
2013v3.1
Gross Receipts
$252,999,784
Mission and Program Overview

Mission

The organization's mission is to provide electricity to rural consumers.

The organizations mission is to provide electricity to rural consumers

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$46,836,039$57,932,003▲ $11,095,964
Accounts Receivable$18,982,970$27,372,878▲ $8,389,908
Land, Buildings, and Equipment, Net$26,311,059$22,557,872▼ $3,753,187
Cash and Non-Interest-Bearing Accounts$539,716$1,147,444▲ $607,728
Investments in Publicly Traded Securities$134,824$134,824→ $0
Prepaid Expenses and Deferred Charges$55,497$57,505▲ $2,008
Cap Stk Tr Prin Current Funds$5,000$5,000→ $0
Total Assets$86,700,944$103,207,933▲ $16,506,989
Other Assets Total$40,676,878$51,937,410▲ $11,260,532
Liabilities
Accounts Payable and Accrued Expenses$18,591,824$26,276,026▲ $7,684,202
Mortgage Notes Payable Secured by Investment Property$21,268,081$18,994,904▼ $2,273,177
Total Liabilities$39,859,905$45,270,930▲ $5,411,025
Net Assets / Fund Balance
Total Net Assets Fund Balance$46,841,039$57,937,003▲ $11,095,964
Total Liabilities and Net Assets / Fund Balance$86,700,944$103,207,933▲ $16,506,989

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$22,171,483$17,552,533$39,724,016
Land$386,389-$386,389
Other Assets Org$98,248--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
--FT$150,591$150,591
Claire VigesaaGeneral Manager-$150,591$150,591
David SiglohPresidentPT$11,200$11,200
Roger SorensonTreasurer-$11,025$11,025
Dean MccabeSecretaryPT$10,850$10,850
Erlend LairdVPPT$8,400$8,400
William RetterathGeneral ManaPT$7,875$7,875
Travis Thompson-PT$6,300$6,300
Allen Thiessen--$5,775$5,775
Lyle Narum-PT$4,725$4,725
Wayne Deubner--$4,725$4,725
Claire Vigesaa--$4,200$4,200
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$241,655,431
Investment Income
$13,748
Other Revenue
$11,330,605
Change in Net Assets
$11,982,262

Audited Revenue Reconciliation

Revenue per Audited Statements
$252,999,784
Total Revenue per Audited Statements
$252,999,784
Total Revenue per Form 990
$252,999,784
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$240,269,227
Salaries, Compensation, and Employee Benefits$727,780
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,143,000--$1,143,000
Interest$961,504--$961,504
All Other Expenses$644,014$2,827-$646,841
Current Officers, Directors, Trustees, and Key Employees-$427,678-$427,678
Pension Plan Contributions$198,993--$198,993
Other Expenses$191,885--$191,885
Occupancy$49,293$118,989-$168,282
Travel$111,565--$111,565
Other Employee Benefits$77,141--$77,141
Fees for Services Legal$69,097--$69,097
Payroll Taxes$23,968--$23,968
Benefits to Members$20,515--$20,515
Fees for Services Accounting$14,527--$14,527
Advertising$1,973--$1,973
Conferences and Meetings$1,965--$1,965
Total Functional Expenses$240,468,028$549,494$0$241,017,522

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$241,017,522
Expenses per Audited Statements$239,874,522
Total Expenses per Audited Statements$239,874,522
Expenses Not Reported on Financial Statements$1,143,000
Other Expense Adjustments$1,143,000
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is reviewed by the manager

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

EIN
81-0285379
Phone
4064334100

Signing Officer

Name
Claire Vigesaa
Title
Manager
Phone
4064334100
Signed
2014-06-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Claire Vigesaa
Formed
1950
Legal Domicile
Mt
Voting Board Members
10
Independent Board Members
10
Employees
4

Preparer

Preparer
Terry Averett
Phone
4064335464
Supplemental Narrative

Additional Explanations

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

The cooperative provides electricity to the rural areas of north eastern montana and north western north dakota

Form 990, Part XI, Line 9

Book / tax depreciation difference 1,143,000

Form 990, Part XI, Line 9

Patronage capital retirements 886,298

Financial Statement Notes

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

Book / tax depreciation difference 1,143,000

Raw XML Appendix393 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/PrepaidExpensesDefrdChargesGrp/EOYAmt057505
IRS990/PrincipalOfficerNm0CLAIRE VIGESAA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SALES FOR RESALE
IRS990/ProgramServiceRevenueGrp/Desc1TRAMSMISSION CHARGE
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14301815
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0237353616
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14301815
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE COOPERATIVE PROVIDES ELECTRICITY TO THE RURAL AREAS OF NORTH EASTERN MONTANA AND NORTH WESTERN NORTH DAKOTA
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt012755
IRS990/PYInvestmentIncomeAmt010511
IRS990/PYOtherExpensesAmt0176739824
IRS990/PYOtherRevenueAmt07478980
IRS990/PYProgramServiceRevenueAmt0177757434
IRS990/PYRevenuesLessExpensesAmt07766175
IRS990/PYSalariesCompEmpBnftPaidAmt0728171
IRS990/PYTotalExpensesAmt0177480750
IRS990/PYTotalRevenueAmt0185246925
IRS990/ReconcilationRevenueExpnssAmt011982262
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt046836039
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt057932003
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt022171483
IRS990ScheduleD/BuildingsGrp/DepreciationAmt017552533
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt039724016
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01143000
IRS990ScheduleD/ExpensesSubtotalAmt0239874522
IRS990ScheduleD/LandGrp/BookValueAmt0386389
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0386389
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt051056730
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1462550
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2173829
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3146053
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt498248
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PATRONAGE CAPITAL FROM ASSOCIATED OR
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NOTES RECEIVABLE - BASIN ECONOMIC DE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OTHER INVESTMENTS - COBANK
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3PATRONAGE CAPITAL - OTHER
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4OTHER INVESTMENTS - FEDERATED INSURA
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5BASIN MEMBER INVESTMENT PROGRAM
IRS990ScheduleD/OtherExpensesNotIncludedAmt01143000
IRS990ScheduleD/RevenueSubtotalAmt0252999784
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 1,143,000
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022557872
IRS990ScheduleD/TotalBookValueOtherAssetsAmt051937410
IRS990ScheduleD/TotalExpensesPerForm990Amt0241017522
IRS990ScheduleD/TotalRevenuePerForm990Amt0252999784
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0252999784
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0239874522
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CLAIRE VIGESAA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0150591
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COOPERATIVE PROVIDES ELECTRICITY TO THE RURAL AREAS OF NORTH EASTERN MONTANA AND NORTH WESTERN NORTH DAKOTA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE MANAGER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK / TAX DEPRECIATION DIFFERENCE 1,143,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PATRONAGE CAPITAL RETIREMENTS 886,298
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt086700944
IRS990/TotalAssetsEOYAmt0103207933
IRS990/TotalAssetsGrp/BOYAmt086700944
IRS990/TotalAssetsGrp/EOYAmt0103207933
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0549494
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0240468028
IRS990/TotalFunctionalExpensesGrp/TotalAmt0241017522
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt039859905
IRS990/TotalLiabilitiesEOYAmt045270930
IRS990/TotalLiabilitiesGrp/BOYAmt039859905
IRS990/TotalLiabilitiesGrp/EOYAmt045270930
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt046841039
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt057937003
IRS990/TotalProgramServiceExpensesAmt0240468028
IRS990/TotalProgramServiceRevenueAmt0241655431
IRS990/TotalReportableCompFromOrgAmt0225666
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0252999784
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0252999784
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt086700944
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0103207933
IRS990/TravelGrp/ProgramServicesAmt0111565
IRS990/TravelGrp/TotalAmt0111565
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10111 2ND AVE SW
IRS990/USAddress/City0SIDNEY
IRS990/USAddress/State0MT
IRS990/USAddress/ZIPCode059270
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0UPPERMO.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CLAIRE VIGESAA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum04064334100
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-06-23
ReturnHeader/Filer/BusinessName/BusinessNameLine10UPPER MISSOURI G&T ELECTRIC COOPERA
ReturnHeader/Filer/BusinessNameControlTxt0UPPE
ReturnHeader/Filer/EIN0810285379
ReturnHeader/Filer/PhoneNum04064334100
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 1069
ReturnHeader/Filer/USAddress/City0SIDNEY
ReturnHeader/Filer/USAddress/State0MT
ReturnHeader/Filer/USAddress/ZIPCode059270
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810390671
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10BRENNER AVERETT & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10PO BOX 1049
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0SIDNEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0592701049
ReturnHeader/PreparerPersonGrp/PhoneNum04064335464
ReturnHeader/PreparerPersonGrp/PreparationDt02014-06-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TERRY AVERETT
ReturnHeader/ReturnTs02014-06-25T10:37:03-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$537$81.6$456$906$906$0.00
2023Detailed filing. Detailed filing data is available for this year.$495$80.5$415$856$856$0.00
2022Detailed filing. Detailed filing data is available for this year.$434$69.4$364$725$725$0.00
2021Detailed filing. Detailed filing data is available for this year.$346$55.9$290$649$649$0.00
2020Detailed filing. Detailed filing data is available for this year.$335$62.5$272$638$638$0.00
2019Detailed filing. Detailed filing data is available for this year.$312$65.5$246$649$649$0.00
2018Detailed filing. Detailed filing data is available for this year.$284$58.7$225$627$627$0.00
2017Detailed filing. Detailed filing data is available for this year.$203$55.0$148$531$531$0.00
2016Detailed filing. Detailed filing data is available for this year.$174$49.5$125$487$487$0.00
2015Detailed filing. Detailed filing data is available for this year.$136$53.5$82.9$384$384$0.00
2014Detailed filing. Detailed filing data is available for this year.$121$51.2$69.9$319$319$0.00
2013Detailed filing. Detailed filing data is available for this year.$103$45.3$57.9$253$241$12.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$86.7$39.9$46.8$177
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$67.7$28.1$39.6$111