KIAMICHI ELECTRIC COOPERATIVE INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- KIAMICHI ELECTRIC COOPERATIVE INC (EIN 73-0539216)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-10-27
- IRS object ID
- 201643019349300024
- Schema version
- 2015v2.1
- 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 | 2016-10-27T10:26:05-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | 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 | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 730539216 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIAMICHI ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | KIAM | BusinessNameControlTxt |
| Phone | 9184652338 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 340 | AddressLine1Txt |
| City | WILBURTON | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74578 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRETT ORME | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 8008882731 | PhoneNum |
| Signature | 2016-10-25 | 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 | 2016-10-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JIM JACKSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 340 | AddressLine1Txt |
| City | WILBURTON | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74578 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $41,698,183 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1945 | FormationYr |
| Legal Domicile State | OK | LegalDomicileStateCd |
| Activity Or Mission | TO MAKE ELECTRIC ENERGY AVAILABLE TO ALL MEMBERS OF THE COOPERATIVE AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 51 | TotalEmployeeCnt |
| Total Gross UBI | $232,233 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $6,770 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $41,524,100 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $39,340,252 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,488,894 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,934,643 | CYInvestmentIncomeAmt |
| PY Other Revenue | $440,518 | PYOtherRevenueAmt |
| CY Other Revenue | $423,288 | CYOtherRevenueAmt |
| PY Total Revenue | $44,453,512 | PYTotalRevenueAmt |
| CY Total Revenue | $41,698,183 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $5,981 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $3,423,305 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $3,126,203 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $649,759 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $683,021 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $40,380,448 | PYOtherExpensesAmt |
| CY Other Expenses | $37,882,978 | CYOtherExpensesAmt |
| PY Total Expenses | $44,453,512 | PYTotalExpensesAmt |
| CY Total Expenses | $41,698,183 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $99,078,049 | TotalAssetsBOYAmt |
| Total Assets EOY | $99,935,495 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $68,263,912 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $62,552,414 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $30,814,137 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $37,383,081 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO MAKE ELECTRIC ENERGY AVAILABLE TO ALL MEMBERS OF THE COOPERATIVE AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | DISTRIBUTION OF ELECTRICITY ON A COOPERATIVE BASIS. | 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 |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | 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 | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 36 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 51 | 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 | $39,340,252 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $2,171,994 | 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 | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KIAMICHI ELECTRIC COOPERATIVE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008882731 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 966 SW HWY 2 | AddressLine1Txt |
| City | WILBURTON | CityNm |
| State Abbreviation | OK | StateAbbreviationCd |
| ZIP | 74578 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| RUSSELL SHAW | ||||||
| DIRECTOR | 5.35 | Yes (X) | $36,212 | $0 | $0 | |
| LARRY CULWELL | ||||||
| PRESIDENT | 7.08 | Yes (X) | $33,456 | $0 | $0 | Yes (X) |
| DAVID RAY | ||||||
| VICE-PRESIDE | 6.46 | Yes (X) | $32,447 | $0 | $0 | Yes (X) |
| RON PELANCONI | ||||||
| DIRECTOR | 6.46 | Yes (X) | $31,447 | $0 | $0 | |
| DON PARR | ||||||
| SECRETARY/TR | 5.54 | Yes (X) | $30,282 | $0 | $0 | Yes (X) |
| MARK ICHORD | ||||||
| DIRECTOR | 5.06 | Yes (X) | $24,771 | $0 | $0 | |
| RICHARD MEDLOCK | ||||||
| DIRECTOR | 4.25 | Yes (X) | $18,824 | $0 | $0 | |
| JIM JACKSON | ||||||
| CEO | 46.75 | $217,916 | $0 | $118,420 | Yes (X) | |
| CRYSTAL BUTLER | ||||||
| CFO | 41.69 | $91,989 | $0 | $47,257 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $517,344 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $165,677 | 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 (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WYNN CONSTRUCTION | |||||
| 11901 N EASTERN AVENUE | OKLAHOMA CITY | OK | 73131 | CONTRACTOR BUIL | $4,983,537 |
| ASPLUNDH TREE EXPERT COMPANY | |||||
| 1700 SOLUTIONS CENTER | CHICAGO | IL | 60677 | RIGHT-OF-WAY | $3,266,220 |
| GORDON CONSTRUCTION COMPANY INC | |||||
| 905 W MAIN | STIGLER | OK | 74462 | OH LINE CONSTR | $1,450,372 |
| WEST TREE SERVICE | |||||
| PO BOX 4725 | LITTLE ROCK | AR | 722144725 | ROW MAINT | $217,221 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| OPERATING REVENUE - RESIDENTI | $27,935,382 | $27,935,382 |
| OPER REVENUE - SMALL COMM | $8,622,524 | $8,622,524 |
| OPER REVENUE - INDUSTRIAL | $1,865,504 | $1,865,504 |
| OPER REVENUE - GEOTHER | $767,995 | $767,995 |
| OPER REVENUE - GROSS REC | $128,427 | $128,427 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,420 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $20,420 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $39,340,252 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,928,204 | TotalRevenueColumnAmt |
| Exclusion | $1,928,204 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $185,938 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $185,938 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $185,938 | TotalRevenueColumnAmt |
| Exclusion | $185,938 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $6,439 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $6,439 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,439 | TotalRevenueColumnAmt |
| Exclusion | $6,439 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| WILDBLUE | 517000 | $232,233 | $232,233 | |
| NONOPERATING REVENUE | $5,117 | $5,117 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $237,350 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $41,698,183 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $39,340,252 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $232,233 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,125,698 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,981 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,126,203 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $683,021 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $222,375 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,129,554 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,932,944 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| COST OF POWER | $23,033,301 |
| DISTRIBUTION | $6,340,650 |
| CONSUMER ACCOUNTS | $1,846,666 |
| GENERAL & ADMINISTRATIVE | $1,376,043 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,445 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,698,183 | 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 | -$5,865 | BOYAmt |
| EOY | -$469,137 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,945,707 | BOYAmt |
| EOY | $2,183,806 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,844,443 | BOYAmt |
| EOY | $2,079,645 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $388,143 | BOYAmt |
| EOY | $532,448 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,175,253 | BOYAmt |
| EOY | $2,944,704 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $96,193,408 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $20,805,064 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,849,066 | BOYAmt |
| EOY | $75,388,344 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,564,513 | BOYAmt |
| EOY | $17,064,404 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $316,789 | BOYAmt |
| EOY | $211,281 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,078,049 | BOYAmt |
| EOY | $99,935,495 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,615,986 | BOYAmt |
| EOY | $3,372,759 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,792,713 | BOYAmt |
| EOY | $50,443,601 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,855,213 | BOYAmt |
| EOY | $8,736,054 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,263,912 | BOYAmt |
| EOY | $62,552,414 | 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 | $81,370 | BOYAmt |
| EOY | $81,415 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,732,767 | BOYAmt |
| EOY | $37,301,666 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,814,137 | BOYAmt |
| EOY | $37,383,081 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,078,049 | BOYAmt |
| EOY | $99,935,495 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $6,568,944 | 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 |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $157,952 | OtherCostOrOtherBasisAmt |
| Book Value | $157,952 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,307,594 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,149,774 | DepreciationAmt |
| Book Value | $157,820 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,110,159 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,934,191 | DepreciationAmt |
| Book Value | $1,175,968 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $90,617,703 | OtherCostOrOtherBasisAmt |
| Depreciation | $16,721,099 | DepreciationAmt |
| Book Value | $73,896,604 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $75,388,344 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INV-ASSOC ORGS-PATRONAGE CAPITAL | $16,236,778 | C |
| CAPITAL TERM CERTIFICATES | $799,536 | C |
| INV-OTHER ASSOC ORGS | $28,090 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $17,064,404 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (10 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCUM PROV-EMP POST RETIREMENT BNFTS | $5,826,288 |
| CONSUMER DEPOSITS | $1,866,925 |
| ACCRUED SICK/ANNUAL LEAVE | $666,268 |
| UNAMORTIZED GAIN | $161,767 |
| ACCRUED INTEREST EXPENSE | $137,105 |
| ACCRUED CAPITALIZED LABOR | $59,050 |
| MISCELLANEOUS LIABILITIES | $16,837 |
| TAX COLLECTIONS PAYABLE | $16,301 |
| MARGINS & EQUITIES | |
| ACCRUED MISC LIABILITIES | -$14,487 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $8,736,054 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $41,698,183 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $41,698,183 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $41,698,183 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $38,571,980 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $38,571,980 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $3,126,203 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,126,203 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $41,698,183 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 3, PART X | MORE THAN 85% OF THE REVENUE IS RECEIVED FROM MEMBERS OF THE COOPERATIVE. EXEMPTION FROM FEDERAL INCOME TAXES HAS BEEN OBTAINED UNDER INTERNAL REVENUE CODE SECTION 501(C)(12). FORM 990 IS BEING FILED ANNUALLY. THE TAX YEARS PRIOR TO 2011 GENERALLY ARE NOT SUBJECT TO EXAMINATION BY THE U.S. FEDERAL AND MOST STATE TAX AUTHORITIES. |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | PATRONAGE CAPITAL - ALLOCATED 3,126,203 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | JIM JACKSON | PersonNm |
| Title | CEO | TitleTxt |
| Base Compensation Filing Org | $216,923 | BaseCompensationFilingOrgAmt |
| Other Compensation Filing Org | $993 | OtherCompensationFilingOrgAmt |
| Deferred Compensation Flng Org | $91,936 | DeferredCompensationFlngOrgAmt |
| Nontaxable Benefits Filing Org | $26,484 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $336,336 | TotalCompensationFilingOrgAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 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 | THE 990 IS REVIEWED BY THE CEO AND CFO. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE COOPERATIVE USES STATEWIDE AND NATIONAL COMPARATIVE DATA ANNUALLY FOR DETERMINING COMPENSATION FOR CEO CFO. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE COOPERATIVE USES STATEWIDE AND NATIONAL COMPARATIVE DATA ANNUALLY FOR DETERMINING COMPENSATION. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS ARE AVAILABLE ON THE COOPERATIVE'S WEBSITE UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE INLCUDED IN THE ANNUAL MEETING NEWSLETTER AND UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | INCREASE IN MEMBERSHIPS 45 ALLOCATED MARGINS 3,126,203 OTHER COMPREHENSIVE INCOME INCREASE 2,956,624 OTHER EQUITY CHANGES 1,199,919 PATRONAGE RETIREMENT -706,893 DECREASE IN ASSIGNABLE PATRONAGE DIV -6,954 TOTAL 6,568,944 |