CLOVERLAND ELECTRIC COOPERATIVE INC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- CLOVERLAND ELECTRIC COOPERATIVE INC (EIN 38-0429495)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-08-12
- IRS object ID
- 201532249349302803
- 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 | 2015-08-12T14:57:33-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 383559481 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARRIS GROUP CPA'S | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 731 S GARFIELD AVE | AddressLine1Txt |
| City | TRAVERSE CITY | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49686 | 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 | 380429495 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLOVERLAND ELECTRIC COOPERATIVE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CLOV | BusinessNameControlTxt |
| Phone | 9066356800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2916 WEST M-28 | AddressLine1Txt |
| City | DAFTER | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49724 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL DASHO | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 9066356800 | PhoneNum |
| Signature | 2015-07-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RONALD G HARRIS CPA | PreparerPersonNm |
| PTIN | P00223494 | PTIN |
| Phone | 2319468930 | PhoneNum |
| Preparation | 2015-07-21 | 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) |
|---|---|---|
| Principal Officer | DANIEL DASHO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2916 WEST M-28 | AddressLine1Txt |
| City | DAFTER | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49724 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $86,495,055 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.CLOVERLAND.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1938 | FormationYr |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Activity Or Mission | ELECTRIC COOPERATIVE | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 120 | TotalEmployeeCnt |
| Total Gross UBI | -$32,813 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$32,813 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $82,289,218 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $85,048,652 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,005,039 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,335,569 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$12,491 | PYOtherRevenueAmt |
| CY Other Revenue | $20,018 | CYOtherRevenueAmt |
| PY Total Revenue | $83,281,766 | PYTotalRevenueAmt |
| CY Total Revenue | $86,404,239 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $68,468 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $750,000 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,667,107 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,719,090 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $79,991,085 | PYOtherExpensesAmt |
| CY Other Expenses | $82,846,553 | CYOtherExpensesAmt |
| PY Total Expenses | $81,726,660 | PYTotalExpensesAmt |
| CY Total Expenses | $85,315,643 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,555,106 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,088,596 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $168,351,694 | TotalAssetsBOYAmt |
| Total Assets EOY | $175,009,826 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $142,763,202 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $147,965,876 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $25,588,492 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $27,043,950 | NetAssetsOrFundBalancesEOYAmt |
| Mission | ELECTRIC COOPERATIVE | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | PROVIDE ELECTRIC POWER TO OVER 44,390 SERVICES. | 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 | 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 | Yes (true) | 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 | 54 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 120 | 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 | $85,383,458 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $996,748 | 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 | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | false | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | 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 | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT MALASKI | PersonNm |
| Phone | 9066356800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2916 W M-28 | AddressLine1Txt |
| City | DAFTER | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49724 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| PETER LEGAULT | ||||||||
| DIRECTOR | 10.00 | Yes (X) | $19,282 | $0 | $528 | |||
| RICHARD NEWLAND | ||||||||
| SEC/TREASURE | 10.00 | Yes (X) | $16,482 | $0 | $528 | Yes (X) | ||
| GERALD NETTLETON | ||||||||
| DIRECTOR | 10.00 | Yes (X) | $16,400 | $0 | $528 | |||
| CHARLES LITZNER | ||||||||
| DIRECTOR | 10.00 | Yes (X) | $14,400 | $0 | $528 | |||
| RONALD PROVO | ||||||||
| DIRECTOR | 10.00 | Yes (X) | $14,400 | $0 | $528 | |||
| VIRGIL MONROE | ||||||||
| DIRECTOR | 10.00 | Yes (X) | $14,400 | $0 | $528 | |||
| LINDA HOATH | ||||||||
| DIRECTOR | Yes (X) | $8,000 | $0 | $264 | ||||
| JOHN SAWRUK | ||||||||
| DIRECTOR | 10.00 | Yes (X) | $8,000 | $0 | $264 | |||
| ROBERT SCHALLIP | ||||||||
| CHAIRMAN | 10.00 | Yes (X) | $0 | $0 | $18,128 | Yes (X) | ||
| DALE CARLSON | ||||||||
| V. CHAIRMAN | 10.00 | Yes (X) | $0 | $0 | $15,728 | Yes (X) | ||
| DANIEL DASHO | ||||||||
| PRESIDENT AN | 40.00 | $281,046 | $0 | $87,332 | Yes (X) | |||
| ROBERT MALASKI | ||||||||
| CFO/DIR.OF P | 40.00 | $165,056 | $0 | $60,413 | Yes (X) | |||
| ERNIE MAAS | ||||||||
| DIR. OF ENG. | 40.00 | $199,411 | $0 | $42,900 | Yes (X) | |||
| PHILIP SCHMITIGAL | ||||||||
| DIR. OF GENE | 40.00 | $125,169 | $0 | $48,600 | Yes (X) | |||
| WILLIAM MOSER | ||||||||
| LEAD LINEWOR | 40.00 | $117,120 | $0 | $16,337 | Yes (X) | |||
| ELIAS ANDARY | ||||||||
| ELECTRICIAN | 40.00 | $111,827 | $0 | $33,409 | Yes (X) | |||
| MATTHEW SHADNAW | ||||||||
| LINEWORKER | 40.00 | $111,294 | $0 | $22,557 | Yes (X) | |||
| DON HAGEN | ||||||||
| LINEWORKER | 40.00 | $110,894 | $0 | $36,809 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,333,181 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $385,909 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | 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 |
|---|---|---|---|---|---|
| TREES INC | |||||
| PO BOX 676367 | HOUSTON | TX | 75267 | TREE CLEARING | $1,563,158 |
| HYDAKER-WHEATLAKE | |||||
| 420 ROTH STREET SUITE B | REED CITY | MI | 49677 | CONSTRUCTION | $1,492,942 |
| DUROCHER MARINE | |||||
| 958 N HURON ST | CHEBOYGAN | MI | 49721 | CONSTRUCTION | $663,432 |
| CC POWER LLC | |||||
| 3850 BEEBE RD | KALKASKA | MI | 49646 | CONSTRUCTION | $529,706 |
| SKF ELECTRICAL CONTRACTING | |||||
| 10495 DEAL RD | WILLIAMSBURG | MI | 49690 | CONSTRUCTION | $423,408 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 16 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|
| ELECTRIC REVENUE FROM MEMBERS | $84,806,973 | $84,806,973 | |
| POLE CONTACT FEES | $241,679 | $241,679 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $85,048,652 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,335,569 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,260,383 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $75,186 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $48,100 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $82,563 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | -$34,463 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$34,463 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$34,463 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $4,582 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $8,253 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$3,671 | TotalRevenueColumnAmt |
| Exclusion | -$3,671 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| OTHER REVENUE | $41,184 | $41,184 |
| INCOME OF SUBSIDIARY | $12,288 | $12,288 |
| GAIN ON DISPOSITION OF ASSETS | $3,030 | $3,030 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,650 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,650 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $58,152 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $86,404,239 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $86,123,858 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$32,813 | UnrelatedBusinessRevenueAmt |
| Exclusion | $313,194 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $750,000 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $756,877 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $576,304 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $385,909 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,875 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,430,035 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,345,281 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| COST OF POWER PURCHASED | $43,309,246 |
| TRANSMISSION | $7,567,791 |
| DISTRIBUTIONS MAINTENANCE | $5,542,108 |
| COST OF POWER PRODUCED | $4,131,763 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,509,454 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,315,643 | 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 | $3,440 | BOYAmt |
| EOY | $3,250 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,543,133 | BOYAmt |
| EOY | $2,093,661 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,450,176 | BOYAmt |
| EOY | $9,636,454 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,429,646 | BOYAmt |
| EOY | $3,347,795 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $436,684 | BOYAmt |
| EOY | $349,667 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $171,670,326 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $36,285,064 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,173,261 | BOYAmt |
| EOY | $135,385,262 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,264,204 | BOYAmt |
| EOY | $12,095,422 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,051,150 | BOYAmt |
| EOY | $12,098,315 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $168,351,694 | BOYAmt |
| EOY | $175,009,826 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,266,780 | BOYAmt |
| EOY | $10,562,748 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $623,283 | BOYAmt |
| EOY | $692,248 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $118,184,159 | BOYAmt |
| EOY | $129,140,507 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,688,980 | BOYAmt |
| EOY | $7,570,373 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $142,763,202 | BOYAmt |
| EOY | $147,965,876 | 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 | $109,695 | BOYAmt |
| EOY | $117,060 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,853,912 | BOYAmt |
| EOY | $2,069,536 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,624,885 | BOYAmt |
| EOY | $24,857,354 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,588,492 | BOYAmt |
| EOY | $27,043,950 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $168,351,694 | BOYAmt |
| EOY | $175,009,826 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,088,596 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $366,862 | 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) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $171,670,326 | OtherCostOrOtherBasisAmt |
| Depreciation | $36,285,064 | DepreciationAmt |
| Book Value | $135,385,262 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $135,385,262 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (8 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ATC, LLC | $9,145,226 | C |
| INVESTMENT IN NRUCFC | $820,539 | C |
| INVESTMENT IN SUBSIDIARY | $673,238 | C |
| OTHER INVESTMENTS IN ASSOC ORG | $453,614 | C |
| COBANK | $431,218 | C |
| PATRONAGE CAPITAL CREDITS | $286,201 | C |
| FEDERATED RURAL ELECTRIC INSURANCE | $285,386 | C |
| TEMPORARY INVESTMENTS | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $12,095,422 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DEFERRED REGULATORY ASSET | $10,447,995 |
| DEFERRED RETIREMENT BENEFIT | $1,598,471 |
| NON-UTILITY PROPERTY | $51,472 |
| LONG TERM RECEIVABLE | $377 |
| ACCOUNTS RECEIVABLE - SUBSIDIARY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $12,098,315 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| LINE OF CREDIT | $5,500,000 |
| REFUNDABLE POWER COSTS | $2,070,373 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $7,570,373 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $86,418,661 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $86,418,661 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$14,422 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$14,422 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $86,404,239 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $84,580,065 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $84,580,065 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $735,578 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $735,578 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $85,315,643 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 4, PART XI, LINE 4B | REVENUE AND EXPENSES NETTED ON FINANCIAL STATEMENTS -14,422 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | PATRONAGE CAPITAL PAYMENTS TO MEMBERS 750,000 REVENUE AND EXPENSES NETTED ON FINANCIAL STATEMENTS -14,422 |
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 (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| DANIEL DASHO | ||||
| PRESIDENT AND CEO | $281,046 | $84,836 | $2,496 | $368,378 |
| ROBERT MALASKI | ||||
| CFO/DIR.OF PWR MKTG. | $165,056 | $58,971 | $1,442 | $225,469 |
| ERNIE MAAS | ||||
| DIR. OF ENG. & OPS. | $199,411 | $41,296 | $1,604 | $242,311 |
| PHILIP SCHMITIGAL | ||||
| DIR. OF GENERATION | $125,169 | $47,494 | $1,106 | $173,769 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 6 | THE COOPERATIVE IS OWNED BY ITS MEMBERS |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE MEMBERS ELECT THE BOARD OF DIRECTORS BY REGION. |
| FORM 990, PAGE 6, PART VI, LINE 11B | REVIEWED BY PRESIDENT & CEO AND CFO. |
| FORM 990, PAGE 6, PART VI, LINE 15A | REVIEW OF COMPARABLE DATA FROM NRECA. |
| FORM 990, PAGE 6, PART VI, LINE 15B | REVIEW OF COMPARABLE DATA FROM NRECA. |
| FORM 990, PAGE 6, PART VI, LINE 19 | MADE AVAILABLE BY WRITTEN REQUEST. |
| FORM 990, PART IX, LINE 24E | ADMINISTRATIVE AND GENERA 3,181,971 0 0 DISTRIBUTIONS OPERATIONS 3,091,815 0 0 TAXES - PROPERTY 2,656,365 0 0 CUSTOMER ACCOUNTS 2,244,802 0 0 CUSTOMER SERVICE AND INFO 1,273,259 0 0 SALES EXPENSE 94,380 0 0 OTHER DEDUCTIONS 68,141 0 0 TAXES - OTHER -101,279 0 0 |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIGHTHOUSENET | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3098 WEST 8TH STREET | AddressLine1Txt |
| City | SAULT STE MARIE | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49783 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 383287587 | EIN |
| Primary Activities | INTERNET | PrimaryActivitiesTxt |
| Legal Domicile State | MI | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| 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 |