SOMERSET RURAL ELECTRIC COOPERATIVE INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SOMERSET RURAL ELECTRIC COOPERATIVE INC (EIN 25-0807950)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-04-22
- IRS object ID
- 202231129349301113
- Schema version
- 2021v4.0
- 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 | 2022-04-22T10:38:42-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 251284515 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEER REAM CO | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 629 | AddressLine1Txt |
| City | SOMERSET | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 155010629 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 250807950 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOMERSET RURAL ELECTRIC COOP INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOME | BusinessNameControlTxt |
| Phone | 8144454106 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 223 INDUSTRIAL PARK | AddressLine1Txt |
| City | SOMERSET | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15501 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CLARENCE B WALTERMIRE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8144454106 | PhoneNum |
| Signature | 2022-04-18 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CLARENCE | PersonFirstNm |
| Person Last | WALTERMIRE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMANDA J COLEMAN EA | PreparerPersonNm |
| PTIN | P01457923 | PTIN |
| Phone | 8144455440 | PhoneNum |
| Preparation | 2022-04-18 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CLARENCE B WALTERMIRE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 223 INDUSTRIAL PARK ROAD | AddressLine1Txt |
| City | SOMERSET | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15501 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $24,950,814 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | HTTP://WWW.SOMERSETREC.COM/WPI/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Activity Or Mission | PROVIDE ELECTRIC SERVICE TO MEMBERS | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 46 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $24,121,723 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $24,913,480 | CYProgramServiceRevenueAmt |
| PY Investment Income | $38,565 | PYInvestmentIncomeAmt |
| CY Investment Income | $37,334 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $24,160,288 | PYTotalRevenueAmt |
| CY Total Revenue | $24,950,814 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $330,753 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $311,049 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $20,471,463 | PYOtherExpensesAmt |
| CY Other Expenses | $21,971,159 | CYOtherExpensesAmt |
| PY Total Expenses | $20,802,216 | PYTotalExpensesAmt |
| CY Total Expenses | $22,282,208 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,358,072 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,668,606 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $42,860,966 | TotalAssetsBOYAmt |
| Total Assets EOY | $44,691,676 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $10,806,500 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,467,800 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $32,054,466 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $34,223,876 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PROVIDE ELECTRIC SERVICE TO MEMBERS | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $21,146,968 | ExpenseAmt |
| Desc | THE COOPERATIVE PROVIDES ELECTRICAL SERVICES TO APPROXIMATELY 13,000 MEMBERS. | Desc |
| Total Program Service Expenses | $21,146,968 | 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 | Yes (true) | 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 | 11 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 46 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $21,704,032 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $3,209,448 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | 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 | false | 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 | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RUSTON OGBURN GENERAL MANAGER | PersonNm |
| Phone | 8144454106 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | INDUSTRIAL PARK | AddressLine1Txt |
| City | SOMERSET | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15501 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Key EmployeeKeyEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|---|
| RUSTON OGBURN | ||||||||
| GENERAL MANA | 40.00 | Yes (X) | $228,846 | $0 | $82,202 | |||
| DOUG GLESSNER | ||||||||
| EMPLOYEE | 40.00 | $107,469 | $0 | $45,682 | Yes (X) | |||
| PHIL MARTZ | ||||||||
| EMPLOYEE | 45.00 | $108,340 | $0 | $37,708 | Yes (X) | |||
| ROY BITTNER | ||||||||
| EMPLOYEE | 45.00 | $101,462 | $0 | $35,914 | Yes (X) | |||
| GLENN GROSS | ||||||||
| EMPLOYEE | 40.00 | $101,138 | $0 | $22,493 | Yes (X) | |||
| RUSS HILLEGAS | ||||||||
| DIRECTOR | 2.00 | $5,000 | $0 | $0 | Yes (X) | |||
| JOSH SECHLER | ||||||||
| DIRECTOR | 2.00 | $3,800 | $0 | $0 | Yes (X) | |||
| CLARENCE B WALTERMIRE | ||||||||
| PRESIDENT | 2.00 | $3,000 | $0 | $0 | Yes (X) | Yes (X) | ||
| LOWELL L FRIEDLINE | ||||||||
| SECRETARY/TR | 2.00 | $2,800 | $0 | $0 | Yes (X) | Yes (X) | ||
| JERRY L ENGLE | ||||||||
| VICE PRESIDE | 2.00 | $2,600 | $0 | $0 | Yes (X) | Yes (X) | ||
| CARL HAY JR | ||||||||
| DIRECTOR | 2.00 | $2,600 | $0 | $0 | Yes (X) | |||
| FLOYD LEHMAN | ||||||||
| DIRECTOR | 2.00 | $2,600 | $0 | $0 | Yes (X) | |||
| HARVEY RECKNER | ||||||||
| DIRECTOR | 2.00 | $2,600 | $0 | $0 | Yes (X) | |||
| WAYNE E SECHLER | ||||||||
| DIRECTOR | 2.00 | $2,200 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $674,455 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $223,999 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| B&L TREE SERVICE | |||||
| 924 SIDES RD | MANNS CHOICE | PA | 15551 | TREE/RIGHT OF W | $1,804,508 |
| BOTTENFIELD POWERLINE CONST CO | |||||
| RR2 BOX 27 | HOLLIDAYSBURG | PA | 16648 | CONSTRUCTION | $878,678 |
| RIDGETOP TREE SERVICE | |||||
| 160 BUCK RUN RD | HOOVERSVILLE | PA | 15936 | TREE/RIGHT OF W | $535,862 |
| TOP NOTCH TREE CARE LLC | |||||
| 215 TATUNKA TRL | SOMERSET | PA | 15501 | TREE/RIGHT OF W | $141,763 |
| LAUREL MOUNTAIN TREE SERVICE | |||||
| 147 FRONT STREET | MINERAL POINT | PA | 15942 | TREE/RIGHT OF W | $108,830 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| ELECTRIC ENERGY SALES | $21,227,510 | $21,227,510 |
| OTHER INCOME | $2,221,492 | $2,221,492 |
| MISC RENTAL | $987,956 | $987,956 |
| GEOTHERMAL AND HVAC | $476,522 | $476,522 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $24,913,480 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $37,334 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $37,334 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,950,814 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $24,950,814 | RelatedOrExemptFuncIncomeAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $311,049 | TotalAmt |
| Management And General | $311,049 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300,946 | TotalAmt |
| Program Services | $300,946 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,834,864 | TotalAmt |
| Program Services | $1,834,864 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PURCHASED POWER | $11,103,666 | $11,103,666 | |
| DISTRIBUTION EXPENSE | $6,752,710 | $6,752,710 | |
| CONSUMER ACCOUNTS EXPENSE | $888,095 | $888,095 | |
| GENERAL & ADMINISTRATIVE | $824,191 | $824,191 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $266,687 | TotalAmt |
| Program Services | $266,687 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,282,208 | TotalAmt |
| Program Services | $21,146,968 | ProgramServicesAmt |
| Management And General | $1,135,240 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $739,533 | BOYAmt |
| EOY | $53,571 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,851,244 | BOYAmt |
| EOY | $2,518,047 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $687,590 | BOYAmt |
| EOY | $751,960 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,365 | BOYAmt |
| EOY | $84,184 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $60,091,457 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $28,077,984 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,900,902 | BOYAmt |
| EOY | $32,013,473 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,633,332 | BOYAmt |
| EOY | $9,270,441 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,860,966 | BOYAmt |
| EOY | $44,691,676 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,319,805 | BOYAmt |
| EOY | $1,447,474 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,293,081 | BOYAmt |
| EOY | $5,674,655 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,193,614 | BOYAmt |
| EOY | $3,345,671 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,806,500 | BOYAmt |
| EOY | $10,467,800 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,477,119 | BOYAmt |
| EOY | $1,565,560 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,577,347 | BOYAmt |
| EOY | $32,658,316 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,054,466 | BOYAmt |
| EOY | $34,223,876 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,860,966 | BOYAmt |
| EOY | $44,691,676 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,668,606 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$499,196 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| Audit Committee | false | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $638,355 | InvestmentCostOrOtherBasisAmt |
| Book Value | $638,355 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $2,414,420 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $2,382,615 | DepreciationAmt |
| Book Value | $31,805 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $56,432,242 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $25,695,369 | DepreciationAmt |
| Book Value | $30,736,873 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $606,440 | InvestmentCostOrOtherBasisAmt |
| Book Value | $606,440 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $32,013,473 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| PATRONAGE CAPITAL DUE FROM OTHER | $7,833,498 |
| INVESTED IN ASSOC. ORGANIZATIONS | $818,382 |
| UNBILLED REVENUE | $430,988 |
| DEFERRED DEBIT | $132,313 |
| DEFERRED CHARGES | $55,260 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $9,270,441 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| CONSUMER DEPOSITS | $1,270,062 |
| ACCUMULATED MISCELLANEOUS OPERATING | $716,411 |
| POST-RETIREMENT BENEFIT OBLIGATIONS | $687,248 |
| OTHER CURRENT LIABILITIES | $455,163 |
| DEFERRED CREDITS | $216,787 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,345,671 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $24,950,814 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $24,950,814 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $24,950,814 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $22,282,208 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $22,282,208 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $22,282,208 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| 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 (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|
| RUSTON OGBURN | |||
| GENERAL MANAGER | $228,846 | $82,202 | $311,048 |
| DOUG GLESSNER | |||
| EMPLOYEE | $107,469 | $45,682 | $153,151 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 7A | BY MEMBERS |
| FORM 990, PAGE 6, PART VI, LINE 7B | GOVERNING DECISIONS ARE SUBJECT TO APPROVAL BY MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | ALL DIRECTORS ARE PROVIDED A DRAFT COPY OF THE 990 FOR REVIEW PRIOR TO SUBMISSION. THE FINAL FORM 990 IS APPROVED AT THE FORMAL BOARD MEETING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ANNUAL REVIEW OF POLICY |
| FORM 990, PAGE 6, PART VI, LINE 15A | REVIEW BY BOARD & NRECA STATE REGIONAL COMPENSATION, SURVEY DATA PROVIDED BY NRECA |
| FORM 990, PAGE 6, PART VI, LINE 19 | CONDENSED FINANCIAL INFORMATION IN MAGAZINE SENT TO ALL MEMEBERS AND DELIVERED IN PRINTED FORMAT AT ANNUAL MEETING. FULL DISCLOSURE OF FINANCIAL INFORMATION IS AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | DONATED CAPITAL - INCREASING 88,441 RETIREMENT OF CAPITAL CREDITS - DECREASING -584,247 MEMBERSHIPS ISSUED, NET - DECREASING -3,390 TOTAL -499,196 |