SOMERSET RURAL ELECTRIC COOPERATIVE INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- SOMERSET RURAL ELECTRIC COOPERATIVE INC (EIN 25-0807950)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-05-14
- IRS object ID
- 201501349349305765
- Schema version
- 2014v5.0
- 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 | 2015-05-14T13:29:06-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 251284515 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEER REAM & CO PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 629 | AddressLine1Txt |
| City | SOMERSET | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 155010629 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 250807950 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOMERSET RURAL ELECTRIC COOP INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOME | BusinessNameControlTxt |
| Phone | 8144454106 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 223 INDUSTRIAL PARK | AddressLine1Txt |
| City | SOMERSET | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15501 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WAYNE SECHLER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8144454106 | PhoneNum |
| Signature | 2015-04-17 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VICKIE L BEER CPA | PreparerPersonNm |
| PTIN | P00064001 | PTIN |
| Phone | 8144455440 | PhoneNum |
| Preparation | 2015-05-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $22,637,175 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | HTTP://WWW.SOMERSETREC.COM/WPI/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Activity Or Mission | PROVIDE ELECTRIC SERVICE TO MEMBERS | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 55 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $21,434,268 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $22,602,602 | CYProgramServiceRevenueAmt |
| PY Investment Income | $36,891 | PYInvestmentIncomeAmt |
| CY Investment Income | $34,573 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $21,471,159 | PYTotalRevenueAmt |
| CY Total Revenue | $22,637,175 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $227,754 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $193,553 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $20,374,213 | PYOtherExpensesAmt |
| CY Other Expenses | $20,260,707 | CYOtherExpensesAmt |
| PY Total Expenses | $20,601,967 | PYTotalExpensesAmt |
| CY Total Expenses | $20,454,260 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $869,192 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,182,915 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $39,678,744 | TotalAssetsBOYAmt |
| Total Assets EOY | $39,634,595 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $13,619,867 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $11,807,411 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $26,058,877 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $27,827,184 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PROVIDE ELECTRIC SERVICE TO MEMBERS | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $19,493,279 | ExpenseAmt |
| Desc | THE COOPERATIVE PROVIDES ELECTRICAL SERVICES TO APPROXIMATELY 13,000 MEMBERS. | Desc |
| Total Program Service Expenses | $19,493,279 | 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 | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | 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 | false | 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 | 13 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 55 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| 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 | $21,561,411 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $1,075,764 | 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 | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RUSTON OGBURN GENERAL MANAGER | PersonNm |
| Phone | 8144454106 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | INDUSTRIAL PARK | AddressLine1Txt |
| City | SOMERSET | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15501 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 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 |
|---|---|---|---|---|---|---|---|
| FLOYD LEHMAN | |||||||
| DIRECTOR | 2.00 | Yes (X) | $6,400 | $0 | $349 | ||
| HARVEY RECKNER | |||||||
| DIRECTOR | 2.00 | Yes (X) | $6,000 | $0 | $500 | ||
| JAMES C BROCHT | |||||||
| VICE-PRESIDE | 2.00 | Yes (X) | $5,800 | $0 | $252 | Yes (X) | |
| CARL HAY JR | |||||||
| DIRECTOR | 2.00 | Yes (X) | $5,800 | $0 | $359 | ||
| JERRY L ENGLE | |||||||
| DIRECTOR | 2.00 | Yes (X) | $5,200 | $0 | $375 | ||
| CLARENCE B WALTERMIRE | |||||||
| DIRECTOR | 2.00 | Yes (X) | $4,800 | $0 | $116 | ||
| LOWELL L FRIEDLINE | |||||||
| SECRETARY/TR | 2.00 | Yes (X) | $4,400 | $0 | $308 | Yes (X) | |
| WAYNE E SECHLER | |||||||
| PRESIDENT | 2.00 | Yes (X) | $4,200 | $0 | $458 | Yes (X) | |
| WILLIAM L GLESSNER | |||||||
| DIRECTOR | 2.00 | Yes (X) | $4,000 | $0 | $174 | ||
| RUSTON OGBURN | |||||||
| GENERAL MANA | 40.00 | $125,940 | $0 | $18,122 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $172,540 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $21,013 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | 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 |
|---|---|---|---|---|---|
| POWER SERVICES INC | |||||
| PO BOX 660367 | DALLAS | TX | 75266 | ENG AND CONSTR | $1,600,336 |
| BOTTENFIELD POWERLINE CONST CO | |||||
| RR2 BOX 27 | HOLLIDAYSBURG | PA | 16648 | CONSTRUCTION | $349,969 |
| B&L TREE SERVICE | |||||
| 924 SIDES RD | MANNS CHOICE | PA | 15551 | TREE/RIGHT OF W | $195,542 |
| DAVEY TREE EXPERT COMPANY | |||||
| 1500 N MANTUA ST | KENT | OH | 44240 | TREE/RIGHT OF W | $156,594 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| ELECTRIC ENERGY SALES | $21,826,947 | $21,826,947 |
| OTHER INCOME | $520,226 | $520,226 |
| WINDFARM REVENUE | $230,782 | $230,782 |
| MISC RENTAL | $24,647 | $24,647 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $22,602,602 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,573 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $34,573 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,637,175 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $22,637,175 | RelatedOrExemptFuncIncomeAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,553 | TotalAmt |
| Management And General | $193,553 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $460,950 | TotalAmt |
| Program Services | $460,950 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,595,693 | TotalAmt |
| Program Services | $1,595,693 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PURCHASED POWER | $12,630,335 | $12,630,335 | |
| DISTRIBUTION EXPENSE | $3,541,514 | $3,541,514 | |
| CONSUMER ACCOUNTS EXPENSE | $865,523 | $865,523 | |
| GENERAL & ADMINISTRATIVE | $767,428 | $767,428 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $399,264 | TotalAmt |
| Program Services | $399,264 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,454,260 | TotalAmt |
| Program Services | $19,493,279 | ProgramServicesAmt |
| Management And General | $960,981 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $848,359 | BOYAmt |
| EOY | $823,499 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,937,363 | BOYAmt |
| EOY | $1,950,002 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24 | BOYAmt |
| EOY | $24 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $543,829 | BOYAmt |
| EOY | $563,516 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,946 | BOYAmt |
| EOY | $28,295 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $49,009,925 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $19,266,591 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,885,249 | BOYAmt |
| EOY | $29,743,334 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,435,974 | BOYAmt |
| EOY | $6,525,925 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,678,744 | BOYAmt |
| EOY | $39,634,595 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,353,750 | BOYAmt |
| EOY | $1,633,287 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,933,428 | BOYAmt |
| EOY | $8,057,736 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,332,689 | BOYAmt |
| EOY | $2,116,388 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,619,867 | BOYAmt |
| EOY | $11,807,411 | 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 | $1,041,155 | BOYAmt |
| EOY | $1,066,430 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,017,722 | BOYAmt |
| EOY | $26,760,754 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,058,877 | BOYAmt |
| EOY | $27,827,184 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,678,744 | BOYAmt |
| EOY | $39,634,595 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,182,915 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$414,608 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| Audit Committee | false | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $638,355 | InvestmentCostOrOtherBasisAmt |
| Book Value | $638,355 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $2,388,813 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $1,924,392 | DepreciationAmt |
| Book Value | $464,421 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $44,985,600 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $17,342,199 | DepreciationAmt |
| Book Value | $27,643,401 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $997,157 | InvestmentCostOrOtherBasisAmt |
| Book Value | $997,157 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $29,743,334 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| PATRONAGE CAPITAL DUE FROM OTHER | $4,505,795 |
| DEFERRED DEBIT | $1,058,504 |
| INVESTED IN ASSOC. ORGANIZATIONS | $852,509 |
| DEFERRED CHARGES | $109,117 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $6,525,925 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| CONSUMER DEPOSITS | $582,397 |
| ACCUMULATED MISCELLANEOUS OPERATING | $539,926 |
| ACCUMULATED PROVISION FOR PENSIONS | $504,703 |
| OTHER CURRENT LIABILITIES | $328,992 |
| DEFERRED CREDITS | $160,370 |
| CFC LINE OF CREDIT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,116,388 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $22,637,175 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $22,637,175 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $22,637,175 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $20,454,260 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $20,454,260 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $20,454,260 | TotalExpensesPerForm990Amt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 7A | BY MEMBERS |
| FORM 990, PAGE 6, PART VI, LINE 7B | GOVERNING DECISIONS ARE SUBJECT TO APPROVAL BY MEMBERS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | ALL DIRECTOR'S ARE PROVIDED A DRAFT COPY OF THE 990 FOR REVIEW PRIOR TO SUBMISSION. THE FINAL FORM 990 IS APPROVED AT THE FORMAL BOARD MEETING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | ANNUAL REVIEW OF POLICY |
| FORM 990, PAGE 6, PART VI, LINE 15A | REVIEW BY BOARD & NRECA STATE REGIONAL COMPENSATION, SURVEY DATA PROVIDED BY NRECA |
| FORM 990, PAGE 6, PART VI, LINE 19 | CONDENSED FINANCIAL INFORMATION IN MAGAZINE SENT TO ALL MEMEBERS AND DELIVERED IN PRINTED FORMAT AT ANNUAL MEETING. FULL DISCLOSURE OF FINANCIAL INFORMATION IS AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | DONATED CAPITAL - INCREASING 30,471 RETIREMENT OF CAPITAL CREDITS - DECREASING 440,714 MEMBERSHIPS ISSUED, NET - DECREASING 4,365 |