Civic Intelligence

MID-West Electric Consumers Associations Inc

990 • Fiscal year 2014 • EIN 84-0509417

Jan 01, 2014 to Dec 31, 2014 • Filed on Mar 20, 2015

3401 Quebec StreetDenver, CO 80207

(303) 463-4979

Siviq Scores

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

Liabilities / Assets

84th percentile

0.47x

Higher debt load relative to assets than 84% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

78th percentile

0.31x

Higher debt load relative to revenue than 78% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Net Margin

11th percentile

-11%

Higher net margin than 11% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

100th percentile

$361,915

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 41.0% of source-year revenue.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Asset Growth

16th percentile

-10%

Faster asset growth than 16% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

45th percentile

2.4%

Faster revenue growth than 45% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$585,988

Down $65,918 (-10%) from 2013

Net Assets

Down

$310,215

Down $98,737 (-24%) from 2013

Liabilities

Up

$275,773

Up $32,819 (+14%) from 2013

Revenue

Up

$881,653

Up $20,473 (+2.4%) from 2013

Expenses

Up

$980,390

Up $111,817 (+13%) from 2013

Net Income

Down

-$98,737

Down $91,344 (-1236%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $821,120Liabilities 2011: $312,533Net Assets 2011: $508,5872011Assets 2012: $719,246Liabilities 2012: $302,901Net Assets 2012: $416,3452012Assets 2013: $651,906Liabilities 2013: $242,954Net Assets 2013: $408,9522013Assets 2014: $585,988Liabilities 2014: $275,773Net Assets 2014: $310,2152014Assets 2015: $504,241Liabilities 2015: $117,025Net Assets 2015: $387,2162015Assets 2016: $508,714Liabilities 2016: $95,358Net Assets 2016: $413,3562016Assets 2017: $594,259Liabilities 2017: $165,992Net Assets 2017: $428,2672017Assets 2018: $822,034Liabilities 2018: $387,509Net Assets 2018: $434,5252018Assets 2019: $743,226Liabilities 2019: $385,260Net Assets 2019: $357,9662019Assets 2020: $470,970Liabilities 2020: $11,508Net Assets 2020: $459,4622020Assets 2021: $703,449Liabilities 2021: $112,252Net Assets 2021: $591,1972021Assets 2022: $688,234Liabilities 2022: $58,977Net Assets 2022: $629,2572022Assets 2023: $715,918Liabilities 2023: $30,862Net Assets 2023: $685,0562023Assets 2024: $771,975Liabilities 2024: $13,976Net Assets 2024: $757,9992024

Highlighted filing

2014

Assets$585,988
Liabilities$275,773
Net Assets$310,215

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $761,341Expenses 2011: $753,107Net Income 2011: $8,2342011Revenue 2012: $770,068Expenses 2012: $862,310Net Income 2012: -$92,2422012Revenue 2013: $861,180Expenses 2013: $868,573Net Income 2013: -$7,3932013Revenue 2014: $881,653Expenses 2014: $980,390Net Income 2014: -$98,7372014Revenue 2015: $881,612Expenses 2015: $804,611Net Income 2015: $77,0012015Revenue 2016: $884,594Expenses 2016: $858,454Net Income 2016: $26,1402016Revenue 2017: $913,721Expenses 2017: $898,810Net Income 2017: $14,9112017Revenue 2018: $937,322Expenses 2018: $931,064Net Income 2018: $6,2582018Revenue 2019: $941,645Expenses 2019: $1,018,204Net Income 2019: -$76,5592019Revenue 2020: $812,957Expenses 2020: $711,461Net Income 2020: $101,4962020Revenue 2021: $890,138Expenses 2021: $758,403Net Income 2021: $131,7352021Revenue 2022: $888,953Expenses 2022: $850,893Net Income 2022: $38,0602022Revenue 2023: $946,132Expenses 2023: $890,333Net Income 2023: $55,7992023Revenue 2024: $956,421Expenses 2024: $883,478Net Income 2024: $72,9432024

Highlighted filing

2014

Revenue$881,653
Expenses$980,390
Net Income-$98,737
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Mar 20, 2015
Return Version
2014v5.0
Gross Receipts
$885,578
Mission and Program Overview

Mission

To ensure the continuation of public power as a distinct and solid national commitment for the well being of people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$172,954$142,555▼ $30,399
Savings and Temporary Cash Investments$180,000$100,631▼ $79,369
Cash and Non-Interest-Bearing Accounts$68,539$67,790▼ $749
Accounts Receivable$6,846$9,079▲ $2,233
Land, Buildings, and Equipment, Net$6,381$4,694▼ $1,687
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$651,906$585,988▼ $65,918
Other Assets Total$217,186$261,239▲ $44,053
Liabilities
Other Liabilities$227,113$260,209▲ $33,096
Accounts Payable and Accrued Expenses$15,841$15,564▼ $277
Total Liabilities$242,954$275,773▲ $32,819
Net Assets / Fund Balance
Unrestricted Net Assets$228,952$209,584▼ $19,368
Temporarily Rstr Net Assets$180,000$100,631▼ $79,369
Total Net Assets Fund Balance$408,952$310,215▼ $98,737
Total Liabilities and Net Assets / Fund Balance$651,906$585,988▼ $65,918

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,694$33,322$38,016
Other Assets Org$258,831--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas P GravesExec DirectorFT$187,709$174,206$361,915
William DrummondExec DirectorFT$163,333$17,520$180,853

Board Members and Trustees

NameTitle
Vic SimmonsPresident
Leo BrekelVice President
Doug HardySecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$880,198
Investment Income
$1,455
Other Revenue
$0
Change in Net Assets
$-98,737

Audited Revenue Reconciliation

Revenue per Audited Statements
$881,653
Total Revenue per Audited Statements
$881,653
Total Revenue per Form 990
$881,653
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$573,183
Other Expenses$407,207
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$351,042
Conferences and Meetings---$166,162
Fees for Services Legal---$98,408
Pension Plan Contributions---$82,370
Other Employee Benefits---$79,267
Travel---$64,926
Other Salaries and Wages---$37,268
Occupancy---$25,202
Payroll Taxes---$23,236
Office Expenses---$15,520
Fees for Services Accounting---$11,383
Insurance---$9,391
Interest---$3,679
Depreciation Depletion---$2,540
Other Expenses---$347
Total Functional Expenses$0$0$0$980,390

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$980,390
Total Expenses per Audited Statements$980,390
Total Expenses per Form 990$980,390
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
Lobbying activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation Payable$258,831
Payroll Taxes Withheld$1,378
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
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, Part VI, Line 11B: Form 990 Review Process

Board reviews and approves the form 990 prior to the tax return being filed.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

FORM 990, PART VI, SECTION A, LINE 7A:

Directors are nominated by state caucuses and elected by the entire membership of mid-west electric consumers association.

FORM 990, PART VI, SECTION A, LINE 7B:

Changes in by-laws are subject to membership approval.

FORM 990, PART VI, SECTION A,LINE 2:

Some directors have served or are employees of the same member system.

FORM 990, PART VI, SECTION A,LINE 8B:

No committee has authority to act on behalf of the governing body.

FORM 990, PART VI, SECTION B, LINE 11:

Form 990 is distributed to directors at the quarterly b0ard meeting for review, comment, and approval.

FORM 990, PART VI, SECTION B, LINE 15A:

The directors complete a written evaluation form of the executive director every year. By dint of their positions in member organizations, directors are familiar with compensation levels for comparable positions.

FORM 990, PART VI, SECTION B,LINE 12C:

In addition to self reporting, the policy requires the board to investigate any reasonable cause it has to believe a conflict of interest exists.

FORM 990, PART VI,SECTION A,LINE 6:

MEMBERS.

FORM 990, PART VI,SECTION C, LINE 19:

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Mid-west Electric Consumers Association
EIN
84-0509417
Phone
3034634979
Address
3401 QUEBEC STREET, DENVER, CO 80207

Signing Officer

Name
William Drummond
Title
Executive Director
Signed
2015-03-20
Discuss with paid preparer
Yes

Organization Details

Formed
1958
Legal Domicile
Co
Voting Board Members
34
Independent Board Members
0
Employees
3

Preparer

Firm
Dix Barrett & Stiltner PC
Address
5670 Greenwood Plaza Blvd505, Greenwood Village, CO 80111
Preparer
Richard G Dix
Phone
3036890844
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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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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11378
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES WITHHELD
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt04694
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0261239
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1WILLIAM DRUMMOND
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXEC DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1EXEC DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD REVIEWS AND APPROVES THE FORM 990 PRIOR TO THE TAX RETURN BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTORS ARE NOMINATED BY STATE CAUCUSES AND ELECTED BY THE ENTIRE MEMBERSHIP OF MID-WEST ELECTRIC CONSUMERS ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CHANGES IN BY-LAWS ARE SUBJECT TO MEMBERSHIP APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SOME DIRECTORS HAVE SERVED OR ARE EMPLOYEES OF THE SAME MEMBER SYSTEM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FORM 990 IS DISTRIBUTED TO DIRECTORS AT THE QUARTERLY B0ARD MEETING FOR REVIEW, COMMENT, AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE DIRECTORS COMPLETE A WRITTEN EVALUATION FORM OF THE EXECUTIVE DIRECTOR EVERY YEAR. BY DINT OF THEIR POSITIONS IN MEMBER ORGANIZATIONS, DIRECTORS ARE FAMILIAR WITH COMPENSATION LEVELS FOR COMPARABLE POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8IN ADDITION TO SELF REPORTING, THE POLICY REQUIRES THE BOARD TO INVESTIGATE ANY REASONABLE CAUSE IT HAS TO BELIEVE A CONFLICT OF INTEREST EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION A,LINE 8B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 11:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION B, LINE 15A:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VI, SECTION B,LINE 12C:
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, PART VI,SECTION C, LINE 19:
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt0275773
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0881653
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0585988
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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0228952
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0209584
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt034
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0MECONSUMERS.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM DRUMMOND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-03-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MID-WEST ELECTRIC CONSUMERS ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0MID-
ReturnHeader/Filer/EIN0840509417
ReturnHeader/Filer/PhoneNum03034634979
ReturnHeader/Filer/USAddress/AddressLine1Txt03401 QUEBEC STREET
ReturnHeader/Filer/USAddress/CityNm0DENVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080207
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Dix Barrett & Stiltner PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05670 Greenwood Plaza Blvd505
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Greenwood Village
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080111
ReturnHeader/PreparerPersonGrp/PhoneNum03036890844
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Richard G Dix
ReturnHeader/ReturnTs02015-03-20T14:37:26-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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.$0.77$0.01$0.76$0.96$0.88$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.72$0.03$0.69$0.95$0.89$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.69$0.06$0.63$0.89$0.85$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.70$0.11$0.59$0.89$0.76$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.47$0.01$0.46$0.81$0.71$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.74$0.39$0.36$0.94$1.02$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.82$0.39$0.43$0.94$0.93$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.59$0.17$0.43$0.91$0.90$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.51$0.10$0.41$0.88$0.86$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.12$0.39$0.88$0.80$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.59$0.28$0.31$0.88$0.98$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.65$0.24$0.41$0.86$0.87$0.01
2012Summary only. Only limited summary data is available for this year.$0.72$0.30$0.42$0.77$0.86$0.09
2011Summary only. Only limited summary data is available for this year.$0.82$0.31$0.51$0.76$0.75$0.01