WHARTON COUNTY ELECTRIC COOPERATIVE INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- WHARTON COUNTY ELECTRIC COOPERATIVE INC (EIN 74-0981915)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-02-25
- IRS object ID
- 201630569349300203
- 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 | 2016-02-25T08:10:13-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 741194944 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUMGARDNER MORRISON & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3750 | AddressLine1Txt |
| City | VICTORIA | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77903 | 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 | 740981915 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHARTON COUNTY ELECTRIC COOPERATIVE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WHAR | BusinessNameControlTxt |
| Phone | 9795436271 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 31 | AddressLine1Txt |
| City | EL CAMPO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77437 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GARY RAYBON | PersonNm |
| Person Title | GM / CEO | PersonTitleTxt |
| Phone | 9795436271 | PhoneNum |
| Signature | 2016-02-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JEROME G KOTZUR CPA | PreparerPersonNm |
| PTIN | P00047018 | PTIN |
| Phone | 3615750271 | PhoneNum |
| Preparation | 2016-02-25 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GARY RAYBON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1520 KELVING WAY | AddressLine1Txt |
| City | WHARTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77488 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $22,378,748 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.WCECNET.NET | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1938 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE ECONOMICAL AND RELIABLE ELECTRIC ENERGY SERVICE TO ITS MEMBERS AND TO PROVIDE PRODUCTS, SERVICES, AND LEADERSHIP THAT WILL HAVE A POSITIVE INFLUENCE ON THE ECONOMY OF THE AREA THAT IT SERVES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 42 | TotalEmployeeCnt |
| Total Gross UBI | $372,584 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $52,821 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $22,722,513 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $20,642,197 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,423,593 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,363,967 | CYInvestmentIncomeAmt |
| PY Other Revenue | $373,359 | PYOtherRevenueAmt |
| CY Other Revenue | $372,584 | CYOtherRevenueAmt |
| PY Total Revenue | $24,519,465 | PYTotalRevenueAmt |
| CY Total Revenue | $22,378,748 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $2,978,833 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $2,674,082 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $763,289 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $858,014 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $20,777,343 | PYOtherExpensesAmt |
| CY Other Expenses | $18,846,652 | CYOtherExpensesAmt |
| PY Total Expenses | $24,519,465 | PYTotalExpensesAmt |
| CY Total Expenses | $22,378,748 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $61,621,266 | TotalAssetsBOYAmt |
| Total Assets EOY | $64,946,774 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $29,563,849 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $30,215,026 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $32,057,417 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $34,731,748 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE ECONOMICAL AND RELIABLE ELECTRIC ENERGY SERVICE TO ITS MEMBERS AND TO PROVIDE PRODUCTS, SERVICES, AND LEADERSHIP THAT WILL HAVE A POSITIVE INFLUENCE ON THE ECONOMY OF THE AREA THAT IT SERVES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | THE ORGANIZATION'S EXEMPT PURPOSE IS TO PROVIDE DEPENDABLE ELECTRIC ENERGY TO ITS COOPERATIVE MEMBERS AT THE LOWEST POSSIBLE COST CONSISTENT WITH SOUND ECONOMIC POLICIES AND GOOD MANAGEMENT. | 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 | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln 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 | 7 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 42 | 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 | $20,546,791 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $467,990 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| 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 | false | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GARY RAYBON | PersonNm |
| Phone | 9795436271 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1815 E JACKSON ST | AddressLine1Txt |
| City | EL CAMPO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77437 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| LEROY KASPAR | |||||||
| PRESIDENT | 6.00 | Yes (X) | Yes (X) | $3,450 | $0 | $0 | |
| KENNETH CHRISTENSEN | |||||||
| VICE PRESIDE | 4.00 | Yes (X) | Yes (X) | $4,300 | $0 | $0 | |
| CHERYL ROACH | |||||||
| SEC/TREAS | 4.00 | Yes (X) | Yes (X) | $5,300 | $0 | $0 | |
| PEGGY GLAZE | |||||||
| ASST. SEC/TR | 4.00 | Yes (X) | Yes (X) | $3,800 | $0 | $0 | |
| CRAIG A BRAM | |||||||
| DIRECTOR | 3.00 | Yes (X) | $3,200 | $0 | $0 | ||
| DALE KIGHT | |||||||
| DIRECTOR | 3.00 | Yes (X) | $2,300 | $0 | $0 | ||
| A J KRESTA | |||||||
| DIRECTOR | 3.00 | Yes (X) | $2,300 | $0 | $0 | ||
| FRANKIE J PETER | |||||||
| DIRECTOR | 3.50 | Yes (X) | $3,600 | $0 | $0 | ||
| PAUL PHILLIPS JR | |||||||
| DIRECTOR | 3.50 | Yes (X) | $4,900 | $0 | $0 | ||
| GARY RAYBON | |||||||
| GM / CEO | 55.00 | Yes (X) | $119,896 | $0 | $53,217 | ||
| KEITH BEAL | |||||||
| IT MANAGER/M | 50.00 | $106,816 | $0 | $47,806 | Yes (X) | ||
| WESLEY LANGE | |||||||
| ELECTRIC SYS | 50.00 | $116,831 | $0 | $49,836 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $376,693 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $150,859 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | 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 |
|---|---|---|---|---|---|
| POWERLINE CONSTRUCTION INC | |||||
| PO BOX 889 | EDNA | TX | 77957 | CONSTRUCTION | $180,478 |
| VERSALIFT SOUTHWEST | |||||
| PO BOX 20368 | WACO | TX | 76702 | MANUFACTURING | $143,058 |
| ASPLUNDH TREE EXPERT CO | |||||
| PO BOX 827464 | PHILADELPHIA | PA | 19182 | TREE TRIMMING | $108,721 |
| CANNON TECHNOLOGIES | |||||
| PO BOX 644247 | PITTSBURGH | PA | 15264 | INFRASTRUCTURE | $104,673 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SALE OF ELECTRICITY | Desc |
| Business | 221000 | BusinessCd |
| Total Revenue Column | $20,642,197 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $20,642,197 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $20,642,197 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,363,967 | TotalRevenueColumnAmt |
| Exclusion | $1,363,967 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISC SALES | Desc |
| Business | 518210 | BusinessCd |
| Total Revenue Column | $372,584 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $372,584 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $372,584 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,378,748 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $20,642,197 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $372,584 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,363,967 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,674,082 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,046 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $223,647 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $481,321 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,296,973 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,531,476 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| COST OF POWER | $13,883,435 |
| DISTR-MAINT | $892,545 |
| CONSUMER ACCOUNT | $520,046 |
| DISTR-OPERATION | $480,447 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $241,730 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,378,748 | 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 | $635,965 | BOYAmt |
| EOY | $381,602 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,535,772 | BOYAmt |
| EOY | $1,507,450 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,859 | BOYAmt |
| EOY | $40,456 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,538,417 | BOYAmt |
| EOY | $1,558,453 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $53,343,064 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $7,862,226 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,063,582 | BOYAmt |
| EOY | $45,480,838 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,805,671 | BOYAmt |
| EOY | $15,977,975 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,621,266 | BOYAmt |
| EOY | $64,946,774 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,764,261 | BOYAmt |
| EOY | $1,683,007 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,342,921 | BOYAmt |
| EOY | $28,019,149 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $456,667 | BOYAmt |
| EOY | $512,870 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,563,849 | BOYAmt |
| EOY | $30,215,026 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,057,417 | BOYAmt |
| EOY | $34,731,748 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,057,417 | BOYAmt |
| EOY | $34,731,748 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,621,266 | BOYAmt |
| EOY | $64,946,774 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $2,674,331 | 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 | $30,126 | OtherCostOrOtherBasisAmt |
| Book Value | $30,126 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,360,256 | OtherCostOrOtherBasisAmt |
| Depreciation | $607,549 | DepreciationAmt |
| Book Value | $752,707 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,261,225 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,606,004 | DepreciationAmt |
| Book Value | $1,655,221 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $45,691,457 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,648,673 | DepreciationAmt |
| Book Value | $43,042,784 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $45,480,838 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENTS IN ASSOCIATED ORG | Desc |
| Book Value | $15,977,975 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $15,977,975 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED CREDITS | $431,465 |
| PENSION OBLIGATION | $81,405 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $512,870 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $22,378,748 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $22,378,748 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $22,378,748 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $19,704,417 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $19,704,417 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2,674,331 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,674,331 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $22,378,748 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 4, PART XII, LINE 4B | FormAndLineReferenceDesc |
| Explanation | PATRONAGE DIVIDENDS ALLOCATED TO MEMBERS 2,674,082 RETIREMENT OF PATRONAGE CAPITAL 0 INCREASE IN MEMBERSHIP CAPITAL 60 INCREASE IN DONATED CAPITAL 189 | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| 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 (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| GARY RAYBON | ||||
| GM / CEO | $119,896 | $33,918 | $19,299 | $173,113 |
| KEITH BEAL | ||||
| IT MANAGER/METERING | $106,816 | $28,507 | $19,299 | $154,622 |
| WESLEY LANGE | ||||
| ELECTRIC SYSTEM MGR | $116,831 | $30,537 | $19,299 | $166,667 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | RURAL ELECTRIC COOPERATIVE MEMBERS |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE BOARD OF DIRECTORS IS ELECTED BY AND ACCOUNTABLE TO THE MEMBERS |
| FORM 990, PAGE 6, PART VI, LINE 11B | REVIEWED AT BOARD MEETING WITH TAX PREPARER PRIOR TO FILING |
| FORM 990, PAGE 6, PART VI, LINE 12C | ANNUAL AFFIDAVITS OF COMPLIANCE WITH CONFLICT OF INTEREST POLICY ARE REQUI RED OF ALL DIRECTORS |
| FORM 990, PAGE 6, PART VI, LINE 15A | COMPARISON OF COMPENSATION TO OTHER COOPERATIVES OF LIKE SIZE IN THE STATE |
| FORM 990, PAGE 6, PART VI, LINE 15B | COMPARISON OF COMPENSATION TO OTHER COOPERATIVES OF LIKE SIZE IN THE STATE |
| FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE UPON REQUEST |
| FORM 990, PART XI, LINE 9 | PATRONAGE DIVIDENDS ALLOCATED TO MEMBERS 2,674,082 INCREASE IN MEMBERSHIP CAPITAL 60 INCREASE IN DONATED CAPITAL 189 TOTAL 2,674,331 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WCEC CHARTIABLE FUND INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 31 | AddressLine1Txt |
| City | EL CAMPO | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77437 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 460501565 | EIN |
| Primary Activities | ASSIST | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Exempt Code Section | 501C | ExemptCodeSectionTxt |
| Public Charity Status | 9 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WCEC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | 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 | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |