CORN BELT ELECTRIC COOPERATIVE INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- CORN BELT ELECTRIC COOPERATIVE INC (EIN 37-0228808)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-08-02
- IRS object ID
- 201632159349300518
- 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 | 2016-08-02T09:43:39-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 430352985 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KERBER ECK & BRAECKEL LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1116 W MAIN ST | AddressLine1Txt |
| City | CARBONDALE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 629012335 | 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 | 370228808 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORN BELT ENERGY CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CORN | BusinessNameControlTxt |
| Phone | 3096625330 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 ENERGY WAY | AddressLine1Txt |
| City | BLOOMINGTON | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 617056356 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DON TAYLOR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3096625330 | PhoneNum |
| Signature | 2016-06-30 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMBER HALSTEAD | PreparerPersonNm |
| PTIN | P01343727 | PTIN |
| Phone | 6185291040 | PhoneNum |
| Preparation | 2016-07-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-12-15 16:53:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DON TAYLOR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 ENERGY WAY | AddressLine1Txt |
| City | BLOOMINGTON | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 617056356 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $83,054,096 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.CORNBELTENERGY.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | TO ENHANCE THE QUALITY OF LIFE OF OUR MEMBERS AND SUPPORT THE COMMUNITIES WE SERVE, BY COOPERATIVELY PROVIDING REASONABLY PRICED ENERGY WITH EXCEPTIONAL SERVICE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 100 | TotalEmployeeCnt |
| Total Gross UBI | $1,688,253 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $83,051,037 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $80,419,069 | CYProgramServiceRevenueAmt |
| PY Investment Income | $530,475 | PYInvestmentIncomeAmt |
| CY Investment Income | $71,804 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,379,703 | PYOtherRevenueAmt |
| CY Other Revenue | $2,520,325 | CYOtherRevenueAmt |
| PY Total Revenue | $85,961,215 | PYTotalRevenueAmt |
| CY Total Revenue | $83,011,198 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,989,887 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,527,008 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $73,836,960 | PYOtherExpensesAmt |
| CY Other Expenses | $71,479,910 | CYOtherExpensesAmt |
| PY Total Expenses | $78,826,847 | PYTotalExpensesAmt |
| CY Total Expenses | $76,006,918 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $7,134,368 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $7,004,280 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $205,142,367 | TotalAssetsBOYAmt |
| Total Assets EOY | $202,032,646 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $114,148,533 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $110,912,951 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $90,993,834 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $91,119,695 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO ENHANCE THE QUALITY OF LIFE OF OUR MEMBERS AND SUPPORT THE COMMUNITIES WE SERVE, BY COOPERATIVELY PROVIDING REASONABLY PRICED ENERGY WITH EXCEPTIONAL SERVICE. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $72,224,076 | ExpenseAmt |
| Revenue | $78,747,327 | RevenueAmt |
| Desc | PROVIDE ELECTRIC SERVICE TO APPROXIMATELY 35,000 CONSUMERS AND PROVIDE NATURAL GAS SERVICE TO 2,500 MEMBERS. | Desc |
| Total Program Service Expenses | $72,224,076 | 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 | 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 | 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 | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | false | ScheduleORequiredInd |
| IRP Document | 36 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 100 | 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 | $80,361,080 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $2,722,700 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LYNN OLESON | PersonNm |
| Phone | 3096625330 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 ENERGY WAY | AddressLine1Txt |
| City | BLOOMINGTON | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 617056356 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| RAE PAYNE | ||||||||
| BOARD CHAIRM | 9.02 | Yes (X) | $20,650 | $0 | $0 | |||
| JANICE REIMER | ||||||||
| SECRETARY/TR | 5.37 | Yes (X) | $17,350 | $0 | $0 | |||
| JERRY STARKEY | ||||||||
| BOARD MEMBER | 6.75 | Yes (X) | $15,750 | $0 | $0 | |||
| DENNIS FREDRICKSON | ||||||||
| BOARD MEMBER | 8.69 | Yes (X) | $13,800 | $0 | $0 | |||
| ALBERT HAGENBUCH | ||||||||
| BOARD MEMBER | 5.63 | Yes (X) | $12,850 | $0 | $0 | |||
| STEPHEN SCHERTZ | ||||||||
| BOARD MEMBER | 5.01 | Yes (X) | $11,850 | $0 | $0 | |||
| ROBERT ANGUS | ||||||||
| BOARD MEMBER | 3.88 | Yes (X) | $11,350 | $0 | $0 | |||
| CHARLES MEISENHEIMER | ||||||||
| VICE CHAIRMA | 4.28 | Yes (X) | $10,350 | $0 | $0 | |||
| JESSE SLAGER | ||||||||
| BOARD MEMBER | 3.05 | Yes (X) | $9,400 | $0 | $0 | |||
| GARY ARCHEY | ||||||||
| BOARD MEMBER | 5.18 | Yes (X) | $9,350 | $0 | $0 | |||
| ROBERT WHITWOOD | ||||||||
| BOARD MEMBER | 4.70 | Yes (X) | $9,150 | $0 | $0 | |||
| LAVERNE MALONE | ||||||||
| BOARD MEMBER | 1.38 | Yes (X) | $7,500 | $0 | $0 | |||
| DENISE MAYES | ||||||||
| BOARD MEMBER | 2.02 | Yes (X) | $4,250 | $0 | $0 | |||
| DON TAYLOR | ||||||||
| PRESIDENT | 50.00 | $227,816 | $0 | $116,184 | Yes (X) | |||
| LYNN OLESON | ||||||||
| ACCOUNTING D | 50.00 | $98,566 | $0 | $61,782 | Yes (X) | |||
| STEVE HANCOCK | ||||||||
| VP ELECTRIC | 50.00 | $145,573 | $0 | $69,861 | Yes (X) | |||
| MICHAEL VOLKER | ||||||||
| VP OF UTILIT | 50.00 | $143,225 | $0 | $88,861 | Yes (X) | |||
| BRIAN FELKER | ||||||||
| MAINTENANCE | 50.00 | $128,554 | $0 | $29,693 | Yes (X) | |||
| RON HOPKINS | ||||||||
| OPERATIONS M | 40.00 | $125,099 | $0 | $80,287 | Yes (X) | |||
| MARK SCHALEY | ||||||||
| MAINTENANCE | 50.00 | $122,722 | $0 | $59,757 | Yes (X) | |||
| ROBERT FISCHBACH | ||||||||
| MGR OF OFFIC | $118,506 | $0 | $3,492 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,263,661 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $509,917 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | 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 |
|---|---|---|---|---|---|
| FOUR SEASONS TREE LANDSCAPING | |||||
| 1218 E EMPIRE ST | BLOOMINGTON | IL | 61701 | TREE CREW | $954,977 |
| CHAMPAIGN SIGNAL LIGHTING | |||||
| 1414 W ANTHONY DR | URBANA | IL | 61802 | LINE CREW | $544,068 |
| NISC | |||||
| ONE INNOVATION CIRCLE | LAKE SAINT LOUIS | MO | 63367 | SOFTWARE | $469,823 |
| USIC LOCATING SERVICES INC | |||||
| 860 OAK CREEK DRIVE | LOMBARD | IL | 60148 | CONTRACT SERV. | $313,863 |
| STARK EXCAVATING INC | |||||
| 1805 WEST WASHINGTON | BLOOMINGTON | IL | 61701 | CONTRACT CONSTR | $247,123 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | BusinessBusinessCd | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| ELECTRIC REVENUE | $78,747,327 | $78,747,327 | ||
| NATURAL GAS SALES | $1,613,753 | 221000 | $1,613,753 | |
| OTHER REVENUE | $57,989 | $57,989 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $80,419,069 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $97,216 | TotalRevenueColumnAmt |
| Exclusion | $97,216 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $91,986 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $17,486 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $74,500 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $74,500 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $74,500 | UnrelatedBusinessRevenueAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $25,412 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$25,412 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$25,412 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$25,412 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| CAPITAL CREDITS | $2,379,676 | $2,379,676 |
| OTHER MISCELLANEOUS REVENUE | $66,149 | $66,149 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,445,825 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $83,011,198 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $81,225,729 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,688,253 | UnrelatedBusinessRevenueAmt |
| Exclusion | $97,216 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $479,982 | TotalAmt |
| Management And General | $479,982 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,506 | TotalAmt |
| Management And General | $118,506 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,928,520 | TotalAmt |
| Program Services | $3,175,878 | ProgramServicesAmt |
| Management And General | $752,642 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $247,245 | TotalAmt |
| Program Services | $247,245 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,437,196 | TotalAmt |
| Program Services | $4,437,196 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,524,019 | TotalAmt |
| Program Services | $5,524,019 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PURCHASED POWER | $50,215,856 | $50,215,856 | |
| DISTRIBUTION MAINTENANCE | $4,075,433 | $4,075,433 | |
| ADMIN & GENERAL | $2,431,712 | $2,431,712 | |
| DISTRIBUTION OPERATIONS | $1,750,387 | $1,750,387 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,798,062 | TotalAmt |
| Program Services | $2,798,062 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,006,918 | TotalAmt |
| Program Services | $72,224,076 | ProgramServicesAmt |
| Management And General | $3,782,842 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $312,184 | BOYAmt |
| EOY | $455,466 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,867,553 | BOYAmt |
| EOY | $499,786 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,682,540 | BOYAmt |
| EOY | $9,023,163 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,791,446 | BOYAmt |
| EOY | $1,734,805 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,728,086 | BOYAmt |
| EOY | $7,372,283 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $217,949,810 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $59,823,129 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $155,987,021 | BOYAmt |
| EOY | $158,126,681 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,751,841 | BOYAmt |
| EOY | $24,798,216 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,696 | BOYAmt |
| EOY | $22,246 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $205,142,367 | BOYAmt |
| EOY | $202,032,646 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,929,259 | BOYAmt |
| EOY | $7,652,619 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,484,384 | BOYAmt |
| EOY | $2,131,147 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,287,842 | BOYAmt |
| EOY | $95,303,984 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,447,048 | BOYAmt |
| EOY | $5,825,201 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,148,533 | BOYAmt |
| EOY | $110,912,951 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,067,465 | BOYAmt |
| EOY | $4,406,418 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,926,369 | BOYAmt |
| EOY | $86,713,277 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,993,834 | BOYAmt |
| EOY | $91,119,695 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $205,142,367 | BOYAmt |
| EOY | $202,032,646 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $7,004,280 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$6,878,419 | 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) |
|---|---|---|
| Investment Cost Or Other Basis | $870,519 | InvestmentCostOrOtherBasisAmt |
| Book Value | $870,519 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $4,709,143 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $1,454,822 | DepreciationAmt |
| Book Value | $3,254,321 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $11,614,947 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $8,522,323 | DepreciationAmt |
| Book Value | $3,092,624 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $200,755,201 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $49,845,984 | DepreciationAmt |
| Book Value | $150,909,217 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $158,126,681 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ASSOCIATED ORGANIZATIONS | $19,576,929 | C |
| NRUCFC TERM CERTIFICATES | $2,656,558 | C |
| 33 1/3% SUBSIDIARY | $2,391,310 | C |
| OTHER INVESTMENTS | $173,419 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $24,798,216 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | POSTRETIREMENT BENEFIT OBLIGATION | Desc |
| Amt | $5,825,201 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,825,201 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $83,011,198 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $83,011,198 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $83,011,198 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $76,006,918 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $76,006,918 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $76,006,918 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 3, PART X | FormAndLineReferenceDesc |
| Explanation | AN EVALUATION OF WHETHER OR NOT IT HAS ANY UNCERTAIN TAX POSITIONS IS DETERMINED ON AN ANNUAL BASIS BY THE COOPERATIVE. WHILE THE COOPERATIVE BELIEVES IT HAS ADEQUATELY PROVIDED FOR ALL TAX POSITIONS, AMOUNTS ASSERTED BY TAXING AUTHORITIES COULD BE DIFFERENT THAN THE POSITIONS TAKEN BY THE COOPERATIVE. THE COOPERATIVE RECOGNIZES ANY INTEREST AND PENALTIES ASSESSED BY TAXING AUTHORITIES IN INCOME TAX EXPENSE AND, WITH FEW EXCEPTIONS, IS NO LONGER SUBJECT TO FEDERAL, STATE, OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2012. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| 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 (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| DON TAYLOR | ||||
| PRESIDENT | $227,816 | $83,443 | $32,741 | $344,000 |
| LYNN OLESON | ||||
| ACCOUNTING DIRECTOR | $98,566 | $36,071 | $25,711 | $160,348 |
| STEVE HANCOCK | ||||
| VP ELECTRIC DISTRIB | $145,573 | $46,855 | $23,006 | $215,434 |
| MICHAEL VOLKER | ||||
| VP OF UTILITY SERV | $143,225 | $55,210 | $33,651 | $232,086 |
| BRIAN FELKER | ||||
| MAINTENANCE FOREMAN | $128,554 | $17,414 | $12,279 | $158,247 |
| RON HOPKINS | ||||
| OPERATIONS MANAGER | $125,099 | $68,095 | $12,192 | $205,386 |
| MARK SCHALEY | ||||
| MAINTENANCE FOREMAN | $122,722 | $32,131 | $27,626 | $182,479 |
| ROBERT FISCHBACH | ||||
| MGR OF OFFICE SRV | $118,506 | $2,045 | $1,447 | $121,998 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PAGE 1, PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | THE COOPERATIVE WILL PAY 10 PER MONTH TOWARD THE COST OF HEALTH CLUB DUES AS PART OF THE WELLNESS PROGRAM. ALL EMPLOYEES ARE ELIGIBLE FOR THIS WELLNESS BENEFIT AND ALL AMOUNTS ARE TAXED AS FRINGE BENEFITS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | 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 | MEMBERS APPROVE ALL BYLAW CHANGES |
| FORM 990, PAGE 6, PART VI, LINE 11B | FORM 990 IS REVIEWED BY MANAGEMENT AND THE BOARD, THEN THE BOARD APPROVES BEFORE FILING |
| FORM 990, PAGE 6, PART VI, LINE 12C | AN ANNUAL INTERNAL REVIEW IS PERFORMED |
| FORM 990, PAGE 6, PART VI, LINE 15A | ANNUAL BOARD REVIEW |
| FORM 990, PAGE 6, PART VI, LINE 15B | GENERAL REVIEW OF OTHER COOPERATIVE DATA |
| FORM 990, PAGE 6, PART VI, LINE 19 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| FORM 990, PART XI, LINE 9 | RETIREMENT OF PATRONAGE CAPITAL CREDITS = (8,217,372) OTHER MISCELLANEOUS CHANGE IN EQUITY = 1,388,953 |