CLOVERLAND ELECTRIC COOPERATIVE INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- CLOVERLAND ELECTRIC COOPERATIVE INC (EIN 38-0429495)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-05-15
- IRS object ID
- 201421359349302417
- Schema version
- 2013v3.1
- 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 | 2014-05-15T10:30:00-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARRIS GROUP CPA'S | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 731 S GARFIELD AVE | AddressLine1 |
| City | TRAVERSE CITY | City |
| State | MI | State |
| ZIP Code | 49686 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | 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 | BusinessNameLine1 |
| 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 | AddressLine1 |
| City | DAFTER | City |
| State | MI | State |
| ZIP Code | 49724 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL DASHO | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 9066356800 | PhoneNum |
| Signature | 2014-05-15 | 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 | 2014-05-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | 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 | AddressLine1 |
| City | DAFTER | City |
| State | MI | State |
| ZIP Code | 49724 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $83,343,520 | 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 | 122 | TotalEmployeeCnt |
| Total Gross UBI | -$5,987 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$5,987 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $81,814,855 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $82,289,218 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,186,432 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,005,039 | CYInvestmentIncomeAmt |
| PY Other Revenue | $143,912 | PYOtherRevenueAmt |
| CY Other Revenue | -$12,491 | CYOtherRevenueAmt |
| PY Total Revenue | $83,145,199 | PYTotalRevenueAmt |
| CY Total Revenue | $83,281,766 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $1,015,230 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $68,468 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,719,987 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,667,107 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $79,790,706 | PYOtherExpensesAmt |
| CY Other Expenses | $79,991,085 | CYOtherExpensesAmt |
| PY Total Expenses | $82,525,923 | PYTotalExpensesAmt |
| CY Total Expenses | $81,726,660 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $619,276 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,555,106 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $151,427,286 | TotalAssetsBOYAmt |
| Total Assets EOY | $168,351,694 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $127,691,522 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $142,763,202 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $23,735,764 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $25,588,492 | NetAssetsOrFundBalancesEOYAmt |
| Mission | ELECTRIC COOPERATIVE | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | PROVIDE ELECTRIC POWER TO OVER 42,328 MEMBERS. | 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 | 59 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 122 | 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 | $82,686,296 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $975,321 | 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 | 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 | AddressLine1 |
| City | DAFTER | City |
| State | MI | State |
| ZIP Code | 49724 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 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 |
|---|---|---|---|---|---|---|---|---|
| RONALD PROVO | ||||||||
| DIRECTOR | 10.00 | Yes (X) | $20,405 | $0 | $498 | |||
| RICHARD NEWLAND | ||||||||
| SEC/TREASURE | 10.00 | Yes (X) | $19,282 | $0 | $498 | Yes (X) | ||
| CHARLES LITZNER | ||||||||
| DIRECTOR | 10.00 | Yes (X) | $19,200 | $0 | $498 | |||
| PETER LEGAULT | ||||||||
| DIRECTOR | 10.00 | Yes (X) | $18,082 | $0 | $498 | |||
| LINDA HOATH | ||||||||
| DIRECTOR | 10.00 | Yes (X) | $17,600 | $0 | $0 | |||
| VIRGIL MONROE | ||||||||
| DIRECTOR | 10.00 | Yes (X) | $16,400 | $0 | $0 | |||
| GERALD NETTLETON | ||||||||
| DIRECTOR | 10.00 | Yes (X) | $13,600 | $0 | $498 | |||
| DALE CARLSON | ||||||||
| V. CHAIRMAN | 10.00 | Yes (X) | $10,400 | $0 | $498 | Yes (X) | ||
| ROBERT SCHALLIP | ||||||||
| CHAIRMAN | 10.00 | Yes (X) | $0 | $0 | $498 | Yes (X) | ||
| DANIEL DASHO | ||||||||
| PRESIDENT AN | 40.00 | $284,490 | $0 | $87,152 | Yes (X) | |||
| ROBERT MALASKI | ||||||||
| CFO/DIR.OF P | 40.00 | $148,262 | $0 | $52,937 | Yes (X) | |||
| ERNIE MAAS | ||||||||
| DIR. OF ENG. | 40.00 | $194,666 | $0 | $41,590 | Yes (X) | |||
| PHILIP SCHMITIGAL | ||||||||
| DIR. OF GENE | 40.00 | $122,149 | $0 | $46,841 | Yes (X) | |||
| MATTHEW SHADNAW | ||||||||
| LINEWORKER | 40.00 | $110,211 | $0 | $21,877 | Yes (X) | |||
| LOIS KENNEY | ||||||||
| DIRECTOR OF | 40.00 | $107,651 | $0 | $50,745 | Yes (X) | |||
| WILLIAM MOSER | ||||||||
| LEAD LINEWOR | 40.00 | $106,988 | $0 | $15,538 | Yes (X) | |||
| ELIAS ANDARY | ||||||||
| ELECTRICIAN | 40.00 | $104,533 | $0 | $32,026 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,313,919 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $352,192 | 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/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HYDAKER-WHEATLAKE | |||||
| 420 ROTH STREET SUITE B | REED CITY | MI | 49677 | CONSTRUCTION | $2,722,549 |
| TREES INC | |||||
| PO BOX 676367 | HOUSTON | TX | 75267 | TREE CLEARING | $1,332,363 |
| CC POWER LLC | |||||
| 3850 BEEBE RD | KALKASKA | MI | 49646 | CONSTRUCTION | $674,136 |
| MERIT CONSTRUCTION SERVICES | |||||
| 5441-212 STREET WEST | FARMINGTON | MN | 55024 | CONSTRUCTION | $673,531 |
| SKF ELECTRICAL CONTRACTING | |||||
| 10495 DEAL RD | WILLIAMSBURG | MI | 49690 | CONSTRUCTION | $547,204 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 20 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|
| ELECTRIC REVENUE FROM MEMBERS | $82,066,940 | $82,066,940 | |
| POLE CONTACT FEES | $222,278 | $222,278 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $82,289,218 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,005,039 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $951,932 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $53,107 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $47,225 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $55,012 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | -$7,787 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$7,787 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$7,787 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $4,538 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $6,742 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,204 | TotalRevenueColumnAmt |
| Exclusion | -$2,204 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | BusinessBusinessCd | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| OTHER REVENUE | $39,546 | $39,546 | ||
| MANAGEMENT FEE CHARGED TO SUB | $1,800 | 541610 | $1,800 | |
| GAIN ON DISPOSITION OF ASSETS | $741 | $741 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$44,587 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$44,587 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$2,500 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $83,281,766 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $83,014,572 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$5,987 | UnrelatedBusinessRevenueAmt |
| Exclusion | $273,181 | 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 | $68,468 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $762,387 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $551,532 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $353,188 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,268 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,136,785 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,422,282 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| COST OF POWER PURCHASED | $42,047,062 |
| TRANSMISSION | $7,389,664 |
| DISTRIBUTIONS MAINTENANCE | $5,377,253 |
| COST OF POWER PRODUCED | $4,081,964 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,526,807 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,726,660 | 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 | $3,440 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $290,353 | BOYAmt |
| EOY | $2,543,133 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,633,027 | BOYAmt |
| EOY | $10,450,176 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,812,020 | BOYAmt |
| EOY | $3,429,646 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $421,601 | BOYAmt |
| EOY | $436,684 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $164,350,627 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $35,177,366 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,265,941 | BOYAmt |
| EOY | $129,173,261 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,858,054 | BOYAmt |
| EOY | $11,264,204 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,142,850 | BOYAmt |
| EOY | $11,051,150 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,427,286 | BOYAmt |
| EOY | $168,351,694 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,396,121 | BOYAmt |
| EOY | $11,266,780 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $601,200 | BOYAmt |
| EOY | $623,283 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,098,249 | BOYAmt |
| EOY | $118,184,159 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,595,952 | BOYAmt |
| EOY | $12,688,980 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,691,522 | BOYAmt |
| EOY | $142,763,202 | 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 | $101,490 | BOYAmt |
| EOY | $109,695 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,823,535 | BOYAmt |
| EOY | $1,853,912 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,810,739 | BOYAmt |
| EOY | $23,624,885 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,735,764 | BOYAmt |
| EOY | $25,588,492 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,427,286 | BOYAmt |
| EOY | $168,351,694 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,555,106 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $297,622 | 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 | $164,350,627 | OtherCostOrOtherBasisAmt |
| Depreciation | $35,177,366 | DepreciationAmt |
| Book Value | $129,173,261 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $129,173,261 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (8 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ATC, LLC | $8,548,042 | C |
| INVESTMENT IN NRUCFC | $840,006 | C |
| INVESTMENT IN SUBSIDIARY | $660,944 | C |
| COBANK | $398,900 | C |
| OTHER INVESTMENTS IN ASSOC ORG | $313,043 | C |
| PATRONAGE CAPITAL CREDITS | $280,369 | C |
| FEDERATED RURAL ELECTRIC INSURANCE | $222,663 | C |
| TEMPORARY INVESTMENTS | $237 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $11,264,204 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DEFERRED REGULATORY ASSET | $10,997,889 |
| NON-UTILITY PROPERTY | $51,472 |
| ACCOUNTS RECEIVABLE - SUBSIDIARY | $1,412 |
| LONG TERM RECEIVABLE | $377 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $11,051,150 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| LINE OF CREDIT | $12,250,000 |
| REFUNDABLE POWER COSTS | $438,980 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $12,688,980 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $83,248,710 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $83,248,710 | RevenueSubtotalAmt |
| Other Revenues Not Included | $33,056 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $33,056 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $83,281,766 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $81,625,136 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $81,625,136 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $101,524 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $101,524 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $81,726,660 | 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 33,056 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | PATRONAGE CAPITAL PAYMENTS TO MEMBERS 68,468 REVENUE AND EXPENSES NETTED ON FINANCIAL STATEMENTS 33,056 |
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 (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| DANIEL DASHO | ||||
| PRESIDENT AND CEO | $284,490 | $84,848 | $2,304 | $371,642 |
| ROBERT MALASKI | ||||
| CFO/DIR.OF PWR MKTG. | $148,262 | $51,824 | $1,113 | $201,199 |
| ERNIE MAAS | ||||
| DIR. OF ENG. & OPS. | $194,666 | $40,091 | $1,499 | $236,256 |
| PHILIP SCHMITIGAL | ||||
| DIR. OF GENERATION | $122,149 | $45,807 | $1,034 | $168,990 |
| LOIS KENNEY | ||||
| DIRECTOR OF HR | $107,651 | $49,518 | $1,227 | $158,396 |
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 ITE 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 AND PRESENTED TO THE BOARD OF DIRECTORS. |
| 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 | DISTRIBUTIONS OPERATIONS 3,558,275 0 0 ADMINISTRATIVE AND GENERA 2,649,836 0 0 TAXES - PROPERTY 2,597,198 0 0 CUSTOMER ACCOUNTS 2,065,522 0 0 CUSTOMER SERVICE AND INFO 1,466,827 0 0 SALES EXPENSE 131,326 0 0 OTHER DEDUCTIONS 33,056 0 0 TAXES - OTHER 24,767 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 | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3098 WEST 8TH STREET | AddressLine1 |
| City | SAULT STE MARIE | City |
| State | MI | State |
| ZIP Code | 49783 | ZIPCode |
| 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 |