CHICKASAW ELECTRIC COOPERATIVE INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- CHICKASAW ELECTRIC COOPERATIVE INC (EIN 62-0157827)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2023-09-27
- IRS object ID
- 202322709349301122
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-09-27T23:44:22Z | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620157827 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHICKASAW ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHIC | BusinessNameControlTxt |
| Phone | 9014653591 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17970 HWY 64 EAST | AddressLine1Txt |
| City | SOMERVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 380680000 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | APRIL HENSON | PersonNm |
| Person Title | ACCOUNTING SUPERVISOR | PersonTitleTxt |
| Phone | 9014653591 | PhoneNum |
| Signature | 2023-09-27 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LOYD MUNCY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17970 HWY 64 | AddressLine1Txt |
| City | SOMERVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38068 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $58,883,936 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | CECPOWERUP.COM | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | COOPERATIVE | OtherOrganizationDsc |
| Formation | 1943 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | TO DELIVER SOLID LOW-COST ELECTRICITY TO POWER OUR MEMBERS INTO TOMORROW. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 80 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $574,407 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $641,144 | CYProgramServiceRevenueAmt |
| PY Investment Income | $40,182 | PYInvestmentIncomeAmt |
| CY Investment Income | $371,494 | CYInvestmentIncomeAmt |
| PY Other Revenue | $10,925,909 | PYOtherRevenueAmt |
| CY Other Revenue | $11,164,884 | CYOtherRevenueAmt |
| PY Total Revenue | $11,540,498 | PYTotalRevenueAmt |
| CY Total Revenue | $12,177,522 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,075,708 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,070,090 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,253,046 | PYOtherExpensesAmt |
| CY Other Expenses | $5,665,494 | CYOtherExpensesAmt |
| PY Total Expenses | $9,328,754 | PYTotalExpensesAmt |
| CY Total Expenses | $10,735,584 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,211,744 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,441,938 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $53,475,417 | TotalAssetsBOYAmt |
| Total Assets EOY | $56,692,656 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,117,241 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,889,675 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $45,358,176 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $46,802,981 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO DELIVER SOLID, LOW-COST ELECTRICITY TO POWER OUR MEMBERS INTO TOMORROW. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | Chickasaw Electric is an electric cooperative owned by its members. Revenue is derived from the sale of electricity to its members. The revenue is used to offset the purchase of power from TVA and maintenance of our supply grid. | Desc |
| Prog Srvc Accom Acty2 | ProgSrvcAccomActy2Grp | |
| Prog Srvc Accom Acty3 | ProgSrvcAccomActy3Grp | |
| Total Program Service Expenses | $0 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 19 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 80 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Members And Shr Gross Income | $57,832,211 | MembersAndShrGrossIncomeAmt |
| Org Filed In Lieu Of Form1041 | false | OrgFiledInLieuOfForm1041Ind |
| Licensed More Than One State | false | LicensedMoreThanOneStateInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Excs Tax Sect4951 Or4952 Or4953 | false | ExcsTaxSect4951Or4952Or4953Ind |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | APRIL HENSON | PersonNm |
| Phone | 9014653591 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17970 HWY 64 | AddressLine1Txt |
| City | SOMERVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38068 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ROYCE REEVES | ||||||||
| BOARD PRESIDENT | 1.00 | Yes (X) | Yes (X) | $10,200 | $0 | $0 | ||
| VIP LEWIS | ||||||||
| BOARD VICE PRESIDENT | 1.00 | Yes (X) | Yes (X) | $8,100 | $0 | $0 | ||
| HOWARD DOWDY | ||||||||
| BOARD SECRETARY | 1.00 | Yes (X) | Yes (X) | $9,000 | $0 | $0 | ||
| WILLIAM RHEA | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $9,000 | $0 | $0 | |||
| GORDON TOMLIN | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $8,550 | $0 | $0 | |||
| WILLIAM REEVES | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $9,000 | $0 | $0 | |||
| MARY LOU THOMAS | ||||||||
| BOARD TREASURER | 1.00 | Yes (X) | Yes (X) | $9,000 | $0 | $0 | ||
| PHIL BURROWS | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $9,000 | $0 | $0 | |||
| JUNE WALKER | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $9,000 | $0 | $0 | |||
| JOHN HURDLE | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $8,250 | $0 | $0 | |||
| LOYD MUNCY | ||||||||
| GENERAL MANAGER | 55.00 | $150,998 | $0 | $60,188 | Yes (X) | Yes (X) | ||
| JONATHAN BOWEN | ||||||||
| CREW LEADER LINEMAN | 48.00 | $112,221 | $0 | $45,165 | Yes (X) | |||
| GLENN FONES | ||||||||
| ASSISTANT MANAGER | 40.00 | $137,476 | $0 | $58,040 | Yes (X) | |||
| FREDDIE CLIFFT JR | ||||||||
| LINE SUPERINTENDENT | 40.00 | $117,407 | $0 | $56,281 | Yes (X) | |||
| CHRISTOPHER WHITTEMORE | ||||||||
| LINE FOREMAN | 56.00 | $109,402 | $0 | $50,335 | Yes (X) | |||
| JERRY RUSSELL | ||||||||
| MAINTENANCE SUPERVISOR | 47.00 | $122,448 | $0 | $15,891 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $839,052 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $285,900 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MDR CONSTRUCTION INC | |||||
| 621 EAST BAYHIS CHAPEL ROAD | COLUMBIA | MS | 39429 | UTILITY CONSTRUCTION | $2,550,482 |
| ALLEN & HOSHALL | |||||
| 1661 INTERNATIONAL DR | MEMPHIS | TN | 38120 | ENGINEERING SERVICES | $310,659 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| FORFEITED DISCOUNTS | $451,168 | $451,168 |
| MISC | $189,976 | $189,976 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Oth Program Service Rev | TotalOthProgramServiceRevGrp | |
| Total Program Service Revenue | $641,144 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $153,014 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $153,014 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Incm From Invest Bond Proceeds | IncmFromInvestBondProceedsGrp | |
| Royalties Revenue | RoyaltiesRevenueGrp |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $677,911 | RealAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Less Rental Expenses | LessRentalExpensesGrp |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $677,911 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $677,911 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $677,911 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $0 | OtherAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Less Cost Oth Basis Sales Expnss | LessCostOthBasisSalesExpnssGrp |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $218,480 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $218,480 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $57,191,067 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $46,706,414 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,484,653 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,484,653 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON OPERATING REVENUE | Desc |
| Total Revenue Column | $2,320 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,320 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,320 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,177,522 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,177,522 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,100 | TotalAmt |
| Management And General | $89,100 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,713,015 | TotalAmt |
| Management And General | $3,713,015 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $862,256 | TotalAmt |
| Management And General | $862,256 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $405,719 | TotalAmt |
| Management And General | $405,719 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,813 | TotalAmt |
| Management And General | $1,813 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,914 | TotalAmt |
| Management And General | $26,914 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,087 | TotalAmt |
| Management And General | $4,087 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $385,473 | TotalAmt |
| Management And General | $385,473 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,245 | TotalAmt |
| Management And General | $23,245 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,142 | TotalAmt |
| Management And General | $16,142 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,420,844 | TotalAmt |
| Management And General | $2,420,844 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,172 | TotalAmt |
| Management And General | $27,172 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| CUSTOMER CHARGES | $555,928 | $555,928 |
| TAXES | $283,138 | $283,138 |
| MAINTENANCE | $1,449,479 | $1,449,479 |
| DUES | $89,705 | $89,705 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $381,554 | TotalAmt |
| Management And General | $381,554 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,735,584 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $10,735,584 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,278,338 | BOYAmt |
| EOY | $2,655,674 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,489,754 | BOYAmt |
| EOY | $4,738,870 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,362,294 | BOYAmt |
| EOY | $3,107,065 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,632,325 | BOYAmt |
| EOY | $1,069,368 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $80,613,817 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $36,369,975 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,972,136 | BOYAmt |
| EOY | $44,243,842 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $334,155 | BOYAmt |
| EOY | $335,155 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $406,415 | BOYAmt |
| EOY | $542,682 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,475,417 | BOYAmt |
| EOY | $56,692,656 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,201,126 | BOYAmt |
| EOY | $5,162,662 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,916,115 | BOYAmt |
| EOY | $4,727,013 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,117,241 | BOYAmt |
| EOY | $9,889,675 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $109,803 | BOYAmt |
| EOY | $112,668 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,248,373 | BOYAmt |
| EOY | $46,690,312 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,358,176 | BOYAmt |
| EOY | $46,802,980 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,475,417 | BOYAmt |
| EOY | $56,692,655 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,441,938 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $2,865 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $1,414,340 | InvestmentCostOrOtherBasisAmt |
| Book Value | $1,414,340 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $987,481 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $439,965 | DepreciationAmt |
| Book Value | $547,516 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $22,821,247 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $14,254,311 | DepreciationAmt |
| Book Value | $8,566,936 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $55,390,749 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $21,675,699 | DepreciationAmt |
| Book Value | $33,715,050 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $44,243,842 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED DREDITS | $935,711 |
| TAXES | $143,141 |
| CUSTOMER DEPOSITS | $3,071,601 |
| ADVANCES FOR CONSTRUCTION | $576,560 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,727,013 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $58,830,734 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $58,830,734 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $58,830,734 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $57,388,796 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $57,388,796 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $57,388,796 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LOYD MUNCY | PersonNm |
| Title | GENERAL MANAGER | TitleTxt |
| Base Compensation Filing Org | $150,998 | BaseCompensationFilingOrgAmt |
| Deferred Compensation Flng Org | $56,649 | DeferredCompensationFlngOrgAmt |
| Nontaxable Benefits Filing Org | $3,539 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $211,186 | TotalCompensationFilingOrgAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 3 | FormAndLineReferenceDesc |
| Explanation | SALARY IS REVIEWED AND APPROVED BY THE BOARD ON AN ANNUAL BASIS. SALARY DATA IS COLLECTED FROM LIKE INDUSTRIES AND COMPARED ON A NATIONAL AND REGIONAL LEVEL. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part VI, Line 11b | A REPORT IS GIVEN TO THE BOARD TREASURER. THE BOARD TREASURER DISCUSSES THIS REPORT DURING THE NEXT SCHEDULED BOARD MEETING. |
| Part VI, Line 12c | EACH YEAR ALL BOARD MEMBERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTERET AND REVIEW AND SIGN THE CONFLICT-OF-INTEREST POLICY. |
| Part VI, Line 15a | A SURVEY IS RECIEVED BY RELATED ORGANIZATIONS AND REVIEWED BY THE BOARD. THE MANAGER RECOMMENDS A SALARY PLAN. THIS PLAN IS MODIFIED/APPROVED BY THE BOARD. THIS PROCESS IS DOCUMENTED IN THE BOARD MINUTES. |
| Part VI, Line 15b | A SURVEY IS RECIEVED BY RELATED ORGANIZATIONS AND REVIEWED BY THE BOARD. THE MANAGER RECOMMENDS A SALARY PLAN. THIS PLAN IS MODIFIED/APPROVED BY THE BOARD. THIS PROCESS IS DOCUMENTED IN THE BOARD MINUTES. |
| Part VI, Line 19 | ALL SUCH DOCUMENTS ARE AVAILABLE AT THE COOPERATIVE OFFICE FOR REVIEW BY OUR MEMBERS. |
| Part XI, Line 9 | CHANGES IN MEMBERSHIP DUES |