TAYLOR ELECTRIC COOPERATIVE INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- TAYLOR ELECTRIC COOPERATIVE INC (EIN 75-0597925)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-08-14
- IRS object ID
- 201722269349301032
- Schema version
- 2016v3.0
- 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 | 2017-08-14T13:16:24-05:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 731293012 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRISCOE BURKE & GRIGSBY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4120 EAST 51ST STREET SUITE 100 | AddressLine1Txt |
| City | TULSA | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 741353633 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 750597925 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TAYLOR ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TAYL | BusinessNameControlTxt |
| Phone | 3257938500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 250 | AddressLine1Txt |
| City | MERKEL | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79536 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NANCY BRISCO | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 3257938500 | PhoneNum |
| Signature | 2017-06-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SEAN B DUNAHAY CPA | PreparerPersonNm |
| PTIN | P00086460 | PTIN |
| Phone | 9187498337 | PhoneNum |
| Preparation | 2017-08-09 | PreparationDt |
Filing Security Information FilingSecurityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| At Submission Creation Device Id | 261007C9BFC0B97655971216E6C688944B4687A1 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | F357A0C8BD7DCF042F580CBE79D744063BF37D31 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RYAN BARTLETT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 250 | AddressLine1Txt |
| City | MERKEL | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79536 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $40,949,774 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.TAYLORELECTRIC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1939 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE ELECTRIC POWER TO RURAL AREAS AT COST ON A COOPERATIVE BASIS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 91 | TotalEmployeeCnt |
| Total Gross UBI | $7,479 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$32,192 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $38,128,001 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $39,226,074 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,115,546 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,357,989 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,743,680 | PYOtherRevenueAmt |
| CY Other Revenue | -$262,169 | CYOtherRevenueAmt |
| PY Total Revenue | $41,987,227 | PYTotalRevenueAmt |
| CY Total Revenue | $40,321,894 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,850 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $1,320,593 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $1,016,027 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,558,965 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,600,967 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $39,216,136 | PYOtherExpensesAmt |
| CY Other Expenses | $37,593,588 | CYOtherExpensesAmt |
| PY Total Expenses | $42,098,544 | PYTotalExpensesAmt |
| CY Total Expenses | $40,210,582 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$111,317 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $111,312 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $134,551,742 | TotalAssetsBOYAmt |
| Total Assets EOY | $137,831,968 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $81,067,696 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $83,684,313 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $53,484,046 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $54,147,655 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE ELECTRIC POWER TO RURAL AREAS AT COST ON A COOPERATIVE BASIS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $40,210,582 | ExpenseAmt |
| Desc | SALES OF ELECTRIC POWER TO MEMBERS | Desc |
| Total Program Service Expenses | $40,210,582 | 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 |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | 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 With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| 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 | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 141 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 91 | 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 | $39,226,074 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $1,618,352 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TAYLOR ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3257938500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 226 CR 287 | AddressLine1Txt |
| City | MERKEL | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79536 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| RICHARD PETREE | |||||||||
| DIRECTOR | 4.25 | 0.25 | Yes (X) | $26,550 | $0 | $0 | |||
| KATHRYN RAINEY | |||||||||
| DIRECTOR | 6.50 | 0.25 | Yes (X) | $22,550 | $0 | $0 | |||
| DAVID MCFALL | |||||||||
| DIRECTOR | 5.50 | 0.25 | Yes (X) | $22,365 | $0 | $0 | |||
| PARKS THOMAS | |||||||||
| SECRETARY/TR | 3.75 | 0.25 | Yes (X) | $22,350 | $0 | $0 | |||
| LELAND ROBINSON | |||||||||
| BOARD VICE C | 4.00 | 0.25 | Yes (X) | $22,050 | $0 | $0 | |||
| CECIL DAVIS | |||||||||
| BOARD CHAIRM | 4.25 | 0.25 | Yes (X) | $22,050 | $0 | $0 | |||
| GARLAND CARTER | |||||||||
| DIRECTOR | 3.25 | 0.25 | Yes (X) | $14,850 | $0 | $0 | |||
| SYBIL NORRIS | |||||||||
| DIRECTOR | 0.35 | Yes (X) | $3,000 | $0 | $0 | ||||
| RYAN BARTLETT | |||||||||
| PRESIDENT/CE | 40.00 | $161,933 | $0 | $47,513 | Yes (X) | ||||
| NANCY BRISCO | |||||||||
| CFO | 40.00 | $159,892 | $0 | $26,991 | Yes (X) | ||||
| MISTI HAYS | |||||||||
| CONTROLLER | 40.00 | $97,154 | $0 | $43,904 | Yes (X) | ||||
| LANCE MAEDA | |||||||||
| DIR OF INFO | 40.00 | $139,565 | $0 | $49,055 | Yes (X) | ||||
| DAVID THOMAS | |||||||||
| CONSTR OPER | 40.00 | $124,902 | $0 | $58,817 | Yes (X) | ||||
| KEN WELLS | |||||||||
| DIR BUS DEVE | 40.00 | $122,327 | $0 | $61,405 | Yes (X) | ||||
| MARIA TRULOVE | |||||||||
| SYS SUPPORT | 40.00 | $100,396 | $0 | $39,947 | Yes (X) | ||||
| DARRYL SCHRIVER | |||||||||
| FORMER PRESI | 40.00 | $166,790 | $0 | $44,611 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,228,724 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $372,243 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | 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 | Business Name Line2ContractorName/BusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|
| POWERLINE SERVICES INC | ||||||
| 400 E LAS COLINAS BLVD SUITE 900 | IRVING | TX | 75039 | LINE CONTRACTOR | $824,694 | |
| ZACHRY INDUSTRIAL INC | ||||||
| PO BOX 240130 | SAN ANTONIO | TX | 782240130 | SUBSTATION CONS | $731,976 | |
| NORTHEAST SERVICE INC | ||||||
| PO BOX 1185 | KENNEDALE | TX | 76060 | TREE TRIMMING | $320,004 | HORTON TREE SERVICE |
| SIEMENS INDUSTRY INC | ||||||
| PO BOX 2134 | CAROL STREAM | IL | 601322134 | CONST CONTRACTO | $138,104 | |
| LOWER COLORADO RIVER AUTHORITY | ||||||
| PO BOX 301142 | DALLAS | TX | 753031142 | CONSTR CONTRACT | $137,033 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM SERVICE REVENUE | Desc |
| Total Revenue Column | $39,226,074 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $39,226,074 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $39,226,074 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,388,258 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,927 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,386,331 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $39,600 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $451 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $39,149 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $39,149 | TotalRevenueColumnAmt |
| Exclusion | $39,149 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $9,814 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $40,083 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$30,269 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$30,269 | TotalRevenueColumnAmt |
| Exclusion | -$30,269 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $220,280 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $587,346 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$367,066 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $5,552 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$372,618 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER NET INCOME - RELATED | Desc |
| Total Revenue Column | $65,748 | TotalRevenueColumnAmt |
| Exclusion | $65,748 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $65,748 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $40,321,894 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $39,226,074 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $7,479 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,088,341 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,016,027 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $693,152 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $211,401 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $696,414 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,805,467 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,328,705 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| COST OF POWER | $20,140,009 |
| DISTRIBUTION | $3,765,638 |
| ADMINISTRATIVE & GENERAL | $2,843,214 |
| CONSUMER & CUSTOMER ACCOU | $1,802,658 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $907,897 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,210,582 | 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 | $2,316,400 | BOYAmt |
| EOY | $5,374,927 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,500,000 | BOYAmt |
| EOY | $361,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,472,963 | BOYAmt |
| EOY | $3,841,829 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,518 | BOYAmt |
| EOY | $7,258 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,904,274 | BOYAmt |
| EOY | $2,022,509 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $139,511,662 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $42,078,447 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,192,669 | BOYAmt |
| EOY | $97,433,215 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,128,918 | BOYAmt |
| EOY | $27,475,985 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,315,245 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,551,742 | BOYAmt |
| EOY | $137,831,968 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,467,770 | BOYAmt |
| EOY | $3,592,913 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,327,687 | BOYAmt |
| EOY | $77,681,472 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,272,239 | BOYAmt |
| EOY | $2,409,928 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,067,696 | BOYAmt |
| EOY | $83,684,313 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $107,585 | BOYAmt |
| EOY | $110,420 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $419,030 | BOYAmt |
| EOY | $421,641 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,957,431 | BOYAmt |
| EOY | $53,615,594 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,484,046 | BOYAmt |
| EOY | $54,147,655 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,551,742 | BOYAmt |
| EOY | $137,831,968 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $111,312 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $552,297 | 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) |
|---|---|---|
| Other Cost Or Other Basis | $1,834,474 | OtherCostOrOtherBasisAmt |
| Book Value | $1,834,474 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $137,677,188 | OtherCostOrOtherBasisAmt |
| Depreciation | $42,078,447 | DepreciationAmt |
| Book Value | $95,598,741 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $97,433,215 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENTS IN ASSOCIATED | $27,141,229 | C |
| NON-UTILITY PROPERTY | $169,756 | C |
| CASH SURRENDER VALUE OF EMPLOYEE INS | $165,000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $27,475,985 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED CREDITS | $1,523,058 |
| CONSUMER DEPOSITS | $570,873 |
| POSTRETIREMENT HEALTH CARE BENEFITS | $315,997 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,409,928 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $40,346,628 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $24,734 | OtherRevenueAmt |
| Revenue Not Reported | $24,734 | RevenueNotReportedAmt |
| Revenue Subtotal | $40,321,894 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $40,321,894 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $39,194,555 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $39,194,555 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,016,027 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,016,027 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $40,210,582 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 3, PART X | THE COOPERATIVE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (12) OF THE INTERNAL REVENUE CODE. MORE THAN 85% OF THE GROSS INCOME IS COLLECTED FROM MEMBERS. TAYLOR DEVELOPMENT CORPORATION, INC. IS A TAXABLE C-CORPORATION AND IS REQUIRED TO PAY FEDERAL INCOME TAX. THE TAX YEARS PRIOR TO 2013 GENERALLY ARE NOT SUBJECT TO EXAMINATION BY THE U.S. FEDERAL AND MOST STATE TAX AUTHORITIES. |
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | NET MARGINS FROM SUBSIDIARY 24,734 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | PATRONAGE DIVIDENDS - ALLOCATED 1,016,027 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| RYAN BARTLETT | ||||||
| PRESIDENT/CEO | $155,032 | $5,803 | $1,098 | $15,442 | $32,071 | $209,446 |
| NANCY BRISCO | ||||||
| CFO | $150,026 | $6,173 | $3,693 | $11,586 | $15,405 | $186,883 |
| LANCE MAEDA | ||||||
| DIR OF INFO TECH | $129,188 | $6,284 | $4,093 | $22,305 | $26,750 | $188,620 |
| DAVID THOMAS | ||||||
| CONSTR OPER MGR | $119,502 | $4,493 | $907 | $26,649 | $32,168 | $183,719 |
| KEN WELLS | ||||||
| DIR BUS DEVEL | $115,233 | $4,493 | $2,601 | $29,092 | $32,313 | $183,732 |
| DARRYL SCHRIVER | ||||||
| FORMER PRESIDENT/CEO | $84,000 | $81,547 | $1,243 | $30,555 | $14,056 | $211,401 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | MEMBERS |
| FORM 990, PAGE 6, PART VI, LINE 7A | YES |
| FORM 990, PAGE 6, PART VI, LINE 7B | YES |
| FORM 990, PAGE 6, PART VI, LINE 11B | REVIEW AND/OR APPROVAL BY THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE ORGANIZATION PERIODICALLY REVIEWS ITS CONFLICT OF INTERESTS POLICY WITH EMPLOYEES AND DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE ORGANIZATION UTILIZES INDUSTRY DATA, COMPENSATION SURVEYS AND COMPENSATION COMMITTEES AS DEEMED NECESSARY. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE ORGANIZATION UTILIZES INDUSTRY DATA, COMPENSATION SURVEYS AND COMPENSATION COMMITTEES AS DEEMED NECESSARY. |
| FORM 990, PAGE 6, PART VI, LINE 19 | UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | INCREASE IN MEMBERSHIPS 2,835 PATRONAGE DIVIDEND ALLOCATED 1,016,027 SUB EARNINGS EQUITY 24,734 TRANSFER TO OTHER EQUITIES 111,318 DECREASE OF OTHER EQUITITIES 2,617 RETIRMENT OF PATRONAGE CAPITAL FROM PRIOR YEARS -605,234 TOTAL 552,297 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TAYLOR ELECTRIC TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 250 | AddressLine1Txt |
| City | MERKEL | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79536 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 262612715 | EIN |
| Primary Activities | CHARITY | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Exempt Code Section | 501C3 | ExemptCodeSectionTxt |
| Public Charity Status | 10 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TAYLOR EC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TAYLOR DEVELOPMENT CORPORATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 250 | AddressLine1Txt |
| City | MERKEL | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79536 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 752684020 | EIN |
| Primary Activities | ANS. PHONE | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TAYLOR EC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C CORP | EntityTypeTxt |
| Share Of Total Income | $328,385 | ShareOfTotalIncomeAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| TAYLOR DEVELOPMENT CORPORATION | ||
| A | $1,927 | ACCRUAL |
| TAYLOR ELECTRIC TRUST | ||
| Q | $78,986 | ACCRUAL |