RURAL ELECTRIC CONVENIENCE COOPERATIVE CO: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- RURAL ELECTRIC CONVENIENCE COOPERATIVE CO (EIN 37-0495772)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-06-27
- IRS object ID
- 202231789349301403
- 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 | 2022-06-27T15:01:03-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 743040374 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KELSO LYNCH PC PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6700 SQUIBB RD STE 215 | AddressLine1Txt |
| City | MISSION | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 662023252 | 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 | 370495772 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RURAL ELECTRIC CONVENIENCE | BusinessNameLine1Txt |
| Business Name Line2 | COOPERATIVE | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RURA | BusinessNameControlTxt |
| Phone | 2174386197 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 19 | AddressLine1Txt |
| City | AUBURN | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 626150019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID E STUVA | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 2174386197 | PhoneNum |
| Signature | 2022-06-22 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DAVID E | PersonFirstNm |
| Person Last | STUVA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS F HANCOCK CPA | PreparerPersonNm |
| PTIN | P00501575 | PTIN |
| Phone | 9138311150 | PhoneNum |
| Preparation | 2022-06-27 | 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 | DAVID E STUVA | PrincipalOfficerNm |
| Gross Receipts | $14,477,787 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.RECC.COOP | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1936 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | AS AN ENERGY AND SERVICES COOPERATIVE, OUR MEMBERS' NEEDS ARE RURAL ELECTRIC CONVENIENCE COOPERATIVE'S FIRST PRIORITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 28 | TotalEmployeeCnt |
| Total Gross UBI | $11,845 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $10,845 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $10,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $510,787 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $14,272,925 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $13,812,359 | CYProgramServiceRevenueAmt |
| PY Investment Income | $42,204 | PYInvestmentIncomeAmt |
| CY Investment Income | $125,096 | CYInvestmentIncomeAmt |
| PY Other Revenue | $28,299 | PYOtherRevenueAmt |
| CY Other Revenue | $29,545 | CYOtherRevenueAmt |
| PY Total Revenue | $14,353,428 | PYTotalRevenueAmt |
| CY Total Revenue | $14,477,787 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $899,676 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $779,476 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $747,817 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $803,801 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,705,935 | PYOtherExpensesAmt |
| CY Other Expenses | $12,894,510 | CYOtherExpensesAmt |
| PY Total Expenses | $14,353,428 | PYTotalExpensesAmt |
| CY Total Expenses | $14,477,787 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $42,712,247 | TotalAssetsBOYAmt |
| Total Assets EOY | $42,595,868 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $29,119,309 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $28,621,891 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $13,592,938 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $13,973,977 | NetAssetsOrFundBalancesEOYAmt |
| Mission | AS AN ENERGY AND SERVICES COOPERATIVE, OUR MEMBERS' NEEDS ARE RURAL ELECTRIC CONVENIENCE COOPERATIVE'S FIRST PRIORITY. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | RURAL ELECTRIC CONVENIENCE COOPERATIVE (RECC) SERVES 5,910 CONSUMERS IN SANGAMON, MORGAN, MACOUPIN, CHRISTIAN, AND MONTGOMERY COUNTIES. RECC ALSO SERVES CONSUMERS IN SEVERAL GROWING SUBDIVISIONS AROUND SPRINGFIELD, TAYLORVILLE, LITCHFIELD, AND OTHER TOWNS. | Desc |
| 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 | Yes (true) | 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 | 15 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 28 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 | $13,632,268 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $630,921 | 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 | 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 | 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 | AUBRIE MEGGINSON | PersonNm |
| Phone | 2174386197 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 19 | AddressLine1Txt |
| City | AUBURN | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 626150019 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| DAVID E STUVA | ||||||
| PRESIDENT & | 50.00 | Yes (X) | $208,498 | $0 | $178,771 | |
| TIMOTHY HEMBERGER | ||||||
| MGR OPERATIO | 45.00 | Yes (X) | $95,394 | $0 | $124,359 | |
| AUBRIE MEGGINSON | ||||||
| MGR FINANCE | 45.00 | Yes (X) | $81,769 | $0 | $33,010 | |
| MELVIN REPSCHER | ||||||
| DIRECTOR | 5.00 | $11,120 | $0 | $6 | Yes (X) | |
| LOU WEITEKAMP | ||||||
| DIRECTOR | 4.00 | $10,070 | $0 | $4 | Yes (X) | |
| CASSIE EIGENMANN | ||||||
| DIRECTOR | 4.00 | $9,720 | $0 | $6 | Yes (X) | |
| GARY NIEMYER | ||||||
| DIRECTOR | 4.00 | $9,690 | $0 | $6 | Yes (X) | |
| JIMMY AYERS | ||||||
| DIRECTOR | 4.00 | $9,370 | $0 | $6 | Yes (X) | |
| CHRIS WILCOX | ||||||
| DIRECTOR | 4.00 | $8,670 | $0 | $6 | Yes (X) | |
| THOMAS HART | ||||||
| DIRECTOR | 4.00 | $8,320 | $0 | $4 | Yes (X) | |
| CLAYTON BLOOME | ||||||
| DIRECTOR | 4.00 | $8,070 | $0 | $6 | Yes (X) | |
| ANDY GOLEMAN | ||||||
| DIRECTOR | 4.00 | $6,920 | $0 | $6 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $467,611 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $336,190 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | 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 |
|---|---|---|---|---|---|
| BLUE CROSS BLUE SHILED OF IL | |||||
| PO BOX 650615 | DALLAS | TX | 75265 | HEALTH INS | $330,611 |
| FARM CREDIT LEASING SERVICES | |||||
| NW-9675 PO BOX 1450 | MINNEAPOLIS | MN | 55485 | VEHICLE LEASING | $256,401 |
| FLETCHER-REINHARDT CO | |||||
| 3105 CORPORATE EXCHANGE COURT | BRIDGETON | MO | 63044 | MATL SUPPLIER | $255,266 |
| UNITED UTILITY SUPPLY | |||||
| PO BOX 32170 | LOUISVILLE | KY | 40232 | MATL SUPPLIER | $202,968 |
| NATIONAL INFORMATION SOLUTION COOP | |||||
| PO BOX 1147 | MANDAN | ND | 58554 | SOFTWARE | $138,362 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $510,787 | GovernmentGrantsAmt |
| Total Contributions | $510,787 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| SALE OF ELECTRICITY | 221000 | $13,382,476 | $13,382,476 |
| CAPITAL CREDITS | 221000 | $272,306 | $272,306 |
| OTHER ELECTRIC REVENUE | 221000 | $157,577 | $157,577 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $13,812,359 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,936 | TotalRevenueColumnAmt |
| Exclusion | $20,936 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,117 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,117 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,117 | TotalRevenueColumnAmt |
| Exclusion | $7,117 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $104,160 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $104,160 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $104,160 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $104,160 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| 990T INCOME | 900099 | $11,845 | $11,845 | |
| MISC NON ELECTRIC REVENUE | 900099 | $10,583 | $10,583 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $22,428 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,477,787 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $13,927,102 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $11,845 | UnrelatedBusinessRevenueAmt |
| Exclusion | $28,053 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $779,476 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $803,801 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $992,864 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,635,108 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| COST OF POWER | $7,686,947 |
| DISTRIBUTION EXPENSE | $1,345,751 |
| ADMIN & GENERAL | $912,491 |
| MEMBER SERVICES | $321,349 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,477,787 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $882,223 | BOYAmt |
| EOY | $420,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,282,325 | BOYAmt |
| EOY | $1,144,268 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $511,304 | BOYAmt |
| EOY | $637,463 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $580,395 | BOYAmt |
| EOY | $406,504 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $58,364,164 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $20,271,214 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,686,533 | BOYAmt |
| EOY | $38,092,950 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,769,467 | BOYAmt |
| EOY | $1,894,683 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,712,247 | BOYAmt |
| EOY | $42,595,868 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,821,829 | BOYAmt |
| EOY | $1,841,957 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $200,568 | BOYAmt |
| EOY | $224,877 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,786,022 | BOYAmt |
| EOY | $25,303,842 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $950,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $310,890 | BOYAmt |
| EOY | $301,215 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,119,309 | BOYAmt |
| EOY | $28,621,891 | 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 | $1,008,381 | BOYAmt |
| EOY | $1,121,276 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,584,557 | BOYAmt |
| EOY | $12,852,701 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,592,938 | BOYAmt |
| EOY | $13,973,977 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,712,247 | BOYAmt |
| EOY | $42,595,868 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $381,039 | 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $22,209 | OtherCostOrOtherBasisAmt |
| Book Value | $22,209 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,362,207 | OtherCostOrOtherBasisAmt |
| Depreciation | $758,088 | DepreciationAmt |
| Book Value | $604,119 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $56,979,748 | OtherCostOrOtherBasisAmt |
| Depreciation | $19,513,126 | DepreciationAmt |
| Book Value | $37,466,622 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $38,092,950 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER LIABILITIES | Desc |
| Amt | $301,215 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $301,215 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $13,967,000 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $13,967,000 | RevenueSubtotalAmt |
| Other Revenues Not Included | $510,787 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $510,787 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $14,477,787 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $13,187,524 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $13,187,524 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,290,263 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,290,263 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $14,477,787 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 3, PART X | AN EVALUATION OF WHETHER OR NOT IT HAS ANY UNCERTAIN TAX POSITIONS IS DETERMINED ON AN ANNUAL BASIS BY THE ASSOCIATION. WHILE THE ASSOCIATION BELIEVES IT HAS ADEQUATELY PROVIDED FOR ALL TAX POSITIONS, AMOUNTS ASSERTED BY TAXING AUTHORITIES COULD BE DIFFERENT THAN THE POSITIONS TAKEN BY THE ASSOCIATION. THE ASSOCIATION RECOGNIZES ANY INTEREST AND PENALTIES ASSERTED BY TSXING AUTHORITIES IN INCOME TAX EXPENSE AND, WITH FEW EXCEPTIONS, IS NO LONGER SUBJECT TO FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2018. |
| SCHEDULE D, PAGE 4, PART XI, LINE 4B | PPP LOAN FORGIVENESS 510,787 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | BENEFITS ALLOCATED TO MEMBERS 779,476 PPP LOAN FORGIVENESS 510,787 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| DAVID E STUVA | ||||
| PRESIDENT & CEO | $208,498 | $167,845 | $10,926 | $387,269 |
| TIMOTHY HEMBERGER | ||||
| MGR OPERATIONS | $95,394 | $111,708 | $12,651 | $219,753 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | THE COOPERATIVE IS A MEMBER OWNED COOPERATIVE. |
| FORM 990, PAGE 6, PART VI, LINE 7A | ALL BOARD MEMBERS ARE ELECTED BY THE MEMBERSHIP. |
| FORM 990, PAGE 6, PART VI, LINE 7B | ANY BYLAW CHANGES ARE APPROVED BY THE MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE IRS FORM 990 IS REVIEWED BY MANAGEMENT AND THEN EMAILED TO THE BOARD MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE ORGANIZATION IS SELF POLICED. TYPICALLY DIRECTORS AND KEY EMPLOYEES ARE RE-ADDRESSED BEFORE CONFLICTS COULD ARISE. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S CEO IS DONE THROUGH AN ANUUAL REVIEW BY THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 19 | BYLAWS ARE OFFERED TO ALL NEW MEMBERS; ALL OTHER DOCUMENTS ARE AVAILABLE AT ANY TIME UPON REQUEST. |
| FORM 990, PART X | FORM 990, PART IX, LINE 4 THE INSTRUCTIONS TO THE 2021 FORM 990 INDICATE THAT ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(12) SHOULD REPORT "PATRONAGE DIVIDENDS PAID" TO THEIR MEMBERS IN PART IX, LINE 4 OF THE FORM 990. THE COOPERATIVE HAS INTERPRETED THE WORDS "PATRONAGE DIVIDENDS PAID" IN THE INSTRUCTIONS TO MEAN MARGINS THAT ARE ASSIGNED OR ASSIGNABLE TO THE MEMBERS. THE COOPERATIVE ASSIGNS THE NET MARGINS TO ITS MEMBERS EACH YEAR. THEREFORE, THE AMOUNT LISTED IN PART IX, LINE 4 REPRESENTS THE NET MARGINS ASSIGNABLE TO THE MEMBERS FOR THE CALENDAR YEAR ENDED DECEMBER 31, 2021. |
| FORM 990, PART XI, LINE 9 | NET MARGINS ASSIGNED TO MEMBERS 779,476 GAIN ON RETIREMENTS 112,895 RETIREMENT OF CAPITAL CREDITS -511,332 TOTAL 381,039 |