TAYLOR ELECTRIC COOPERATIVE: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- TAYLOR ELECTRIC COOPERATIVE (EIN 39-0651310)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-04-18
- IRS object ID
- 201301089349300105
- Schema version
- 2012v2.1
- 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) |
|---|---|---|
| Timestamp | 2013-04-18T09:11:19-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 391277627 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAUMAN ASSOCIATES LTD | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1225 | AddressLine1 |
| City | EAU CLAIRE | City |
| State | WI | State |
| ZIP Code | 547021225 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 390651310 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TAYLOR ELECTRIC COOPERATIVE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | TAYL | NameControl |
| Phone | 7156782411 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | N1831 STATE HIGHWAY 13 | AddressLine1 |
| City | MEDFORD | City |
| State | WI | State |
| ZIP Code | 54451 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL SCHAEFER | Name |
| Title | PRESIDENT/CEO | Title |
| Phone | 7156782411 | Phone |
| Date Signed | 2013-04-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GREGORY D MLEZIVA CPA | Name |
| PTIN | P00004968 | PTIN |
| Phone | 7158342001 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MICHAEL SCHAEFER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | N1831 STATE HIGHWAY 13 | AddressLine1 |
| City | MEDFORD | City |
| State | WI | State |
| ZIP Code | 54451 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 3710247 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.TAYLORELECTRIC.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1937 | YearFormation |
| State Legal Domicile | WI | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE SAFE AND RELIABLE ELECTRIC SERVICE TO MEMBERS IN PARTS OF FOUR RURAL WISCONSIN COUNTIES WHILE OPERATING UNDER THE COOPERATIVE PRINCIPLE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 17 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 21986 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3885617 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3676214 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 15340 | InvestmentIncomePriorYear |
| Investment Income Current Year | 12047 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2751 | OtherRevenuePriorYear |
| Other Revenue Current Year | 21986 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3903708 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3710247 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 526151 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 371407 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 253072 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 252511 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3097908 | OtherExpensePriorYear |
| Other Expenses Current Year | 3046282 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3877131 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3670200 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 26577 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 40047 | RevenuesLessExpensesCY |
| Total Assets BOY | 18985755 | TotalAssetsBOY |
| Total Assets EOY | 20073069 | TotalAssetsEOY |
| Total Liabilities BOY | 11242180 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 12146635 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 7743575 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 7926434 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE SAFE AND RELIABLE ELECTRIC SERVICE TO MEMBERS IN FOUR RURAL WISCONSIN COUNTIES WHILE OPERATING ON THE COOPERATIVE PRINCIPLE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | THE COOPERATIVE HAD ELECTRIC SALES TO APPROXIMATELY 4,350 MEMBERS IN 2012. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 1 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 37 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 17 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Gross Income From Members | 8355020 | GrossIncomeFromMembers |
| Gross Income Other Sources | 30867 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7156782411 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | N1831 STATE HIGHWAY 13 | AddressLine1 |
| City | MEDFORD | City |
| State | WI | State |
| ZIP Code | 54451 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (9 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| BRIAN KULAS | ||||||
| CHAIRMAN | 8.70 | X | 4188 | 0 | 0 | |
| DEAN TESCH | ||||||
| VICE CHAIRMAN | 3.70 | X | 3188 | 0 | 0 | |
| PATRICIA WALDHART | ||||||
| SECRETARY/TREASURER | 5.80 | X | 4438 | 0 | 0 | |
| RAYMOND HENRICHS | ||||||
| DIRECTOR | 3.00 | X | 2625 | 0 | 0 | |
| JOANN SMITH | ||||||
| DIRECTOR | 2.80 | X | 2813 | 0 | 0 | |
| JAMES SMOLA | ||||||
| DIRECTOR | 4.60 | X | 3000 | 0 | 0 | |
| CHARLES ZENNER | ||||||
| DIRECTOR | 3.40 | X | 3313 | 0 | 0 | |
| MICHAEL SCHAEFER | ||||||
| PRESIDENT/CEO | 45.00 | 109361 | 0 | 66944 | X | |
| PATRICIA NELSON | ||||||
| FINANCE & ADMIN MANAGER | 45.00 | 77577 | 0 | 41623 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 210503 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 108567 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| MAKOVSKY BRUSH SERVICE | |||||
| N3852 PRENTICE ROAD | PRENTICE | WI | 54556 | BRUSHING | 299017 |
| A J CONSTRUCTION OF WI | |||||
| 3532 PLAYBIRD ROAD | SHEBOYGAN | WI | 53083 | CONSTRUCTION | 259659 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| GROSS ELECTRIC REVENUE | 221000 | 8617823 | 8303696 | $314,127 |
| SERVICES, CHARGES, FEE | 221000 | 47442 | 47442 | |
| MERCHANDISING REVENUE | 453000 | 20761 | 20761 | |
| LESS MERCHANDISING EXP | 453000 | -14740 | -14740 | |
| LESS COST OF POWER | 221000 | -4995072 | -4995072 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3676214 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12047 | TotalRevenueColumn |
| Exclusion | $12,047 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LONG DISTANCE TELEPHON | Description |
| Business Code | 517000 | BusinessCode |
| Total Revenue Column | 544 | TotalRevenueColumn |
| Unrelated Business Revenue | 544 | UnrelatedBusinessRevenue |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21442 | TotalRevenueColumn |
| Unrelated Business Revenue | 21442 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 21986 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3710247 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3362087 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 21986 | UnrelatedBusinessRevenue |
| Exclusion | $326,174 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 371407 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 252511 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8700 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11220 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19354 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20055 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 576893 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 669515 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| DISTRIBUTION - MAINTENA | 603739 |
| DISTRIBUTION - OPERATIO | 493610 |
| CONSUMER ACCOUNTS | 238701 |
| GENERAL & ADMIN EXPENSE | 171358 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 233137 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3670200 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 300 | BOY |
| EOY | 301 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 197537 | BOY |
| EOY | 309508 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 832114 | BOY |
| EOY | 844757 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 293686 | BOY |
| EOY | 259180 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 94238 | BOY |
| EOY | 101376 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 23392178 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 8277795 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14349080 | BOY |
| EOY | 15114383 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3199952 | BOY |
| EOY | 3424634 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18848 | BOY |
| EOY | 18930 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18985755 | BOY |
| EOY | 20073069 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 736092 | BOY |
| EOY | 725137 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9986705 | BOY |
| EOY | 10869545 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 519383 | BOY |
| EOY | 551953 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11242180 | BOY |
| EOY | 12146635 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7743575 | BOY |
| EOY | 7926434 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7743575 | BOY |
| EOY | 7926434 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18985755 | BOY |
| EOY | 20073069 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 40047 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 142812 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 23271 | OtherCostOrOtherBasis |
| Book Value | 23271 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 23368907 | OtherCostOrOtherBasis |
| Depreciation | 8277795 | Depreciation |
| Book Value | 15091112 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 15114383 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated (5 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| DAIRYLAND POWER COOPERATIVE | 2602367 | C |
| NRUCFC CAPITAL CREDITS | 250742 | C |
| NRUCFC CAPITAL AND LOAN TERM CREDITS | 356306 | C |
| INVESTMENT IN FEDERATED INS | 52417 | C |
| INVESTMENT IN OTHER ASSOCIATED ORGS | 162802 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 3424634 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities (10 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCRUED INTEREST PAYABLE | $116,656 |
| CUSTOMER DEPOSITS | $87,057 |
| ACCRUED PAYROLL | $23,967 |
| OTHER PAYROLL AND FRINGE ACCRUALS | $156,511 |
| DEFERRED INSTALLATIONS | $69,113 |
| UNAMORITIZED GAIN ON DEBT | $71,939 |
| OTHER DEFERRED CREDITS | $8,373 |
| ACCRUED PROPERTY TAXES AND OTHER ACCRUED TAXES | $17,216 |
| RETIRE NO CHECK CAPITAL CREDITS | $1,118 |
| ACCRUED TAXES | $3 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 551953 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 8705319 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 8705319 | RevenueSubtotal |
| Other Revenues Not Included | -4995072 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -4995072 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 3710247 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 8293865 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 4623665 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 4623665 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3670200 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3670200 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | THE COOPERATIVE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. THE COOPERATIVE WILL RECOGNIZE ANY ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED BENEFITS IN INCOME TAX, IF INCURRED. THE COOPERATIVE'S PREVIOUS THREE TAX YEARS ARE OPEN FOR EXAMINATION BY THE INTERNAL REVENUE SERVICE. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | LESS COST OF POWER -4,995,072. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LESS COST OF POWER 4,995,072. 2012 MARGINS ALLOCATED TO MEMBERS -371,407. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MICHAEL SCHAEFER | NamePerson |
| Title | PRESIDENT/CEO | Title |
| Base Compensation Filing Org | 109361 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 47729 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 19215 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 176305 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAIRYLAND POWER COOPERATIVE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | TAYLOR ELECTRIC COOPERATIVE IS A CUSTOMER OF DAIRYLAND POWER COOPERATIVE. | Relationship |
| Amount Of Transaction | 4995072 | AmountOfTransaction |
| Description Of Transaction | THE TAYLOR ELECTRIC BOARD CHAIRMAN, BRIAN KULAS, WAS ALSO ON THE BOARD OF DIRECTORS AT DAIRYLAND POWER COOPERATIVE IN 2012. TAYLOR ELECTRIC PURCHASED ALL ELECTRICITY FROM DAIRYLAND POWER COOPERATIVE IN 2012. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | ANY PERSON WHO REQUESTS SERVICE FROM THE COOPERATIVE SUBJECT TO THE CONDITIONS APPLICABLE TO ALL PATRONS OF THE SAME CLASS OF SERVICE, UPON RECEIPT OF SUCH SERVICE SHALL BE DEEMED A MEMBER WITH THE SAME RIGHTS AND PRIVILEGES AS EACH OTHER MEMBER OF SUCH CLASS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | CANDIDATES FOR POSITIONS ON THE BOARD OF DIRECTORS ARE NOMINATED BY A NOMINATING COMMITTEE, AND/OR NOMINATED FROM THE FLOOR AT THE ANNUAL MEETING OF THE MEMBERS. THE BOARD OF DIRECTORS MAY APPOINT AN ELIGIBLE MEMBER TO FILL A VACANT POSITION ON THE BOARD, BUT THAT MEMBER MUST STAND FOR ELECTION AT THE NEXT ANNUAL MEETING OF THE MEMBERS. | |
| FORM 990, PART VI, SECTION A, LINE 7B | EACH MEMBER HAS ONE VOTE UPON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD OF DIRECTORS HAVE DELEGATED THE PREISSUANCE OF REVIEW OF FORM 990 TO MANAGEMENT. | |
| FORM 990, PART VI, SECTION B, LINE 12C | MONITORING ON AN ONGOING BASIS WITH MANAGEMENT AS WELL AS SPECIAL CONSIDERATIONS AT TIME OF HIRE. | |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION FOR KEY EMPLOYEES IS REVIEWED PERIODICALLY BY COMPARING TO INDUSTRY PEERS IN STATE AND REGION. | |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTATION IS AVAILABLE UPON REQUEST. | |
| FORM 990, PART XI, LINE 9: | 2012 MARGINS ALLOCATED TO MEMBERS 371,407. PATRONAGE CAPITAL RETIRED -228,595. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C: | NO CHANGES HAVE BEEN MADE SINCE PRIOR YEAR. | |
| FORM 990, PART XIII, LINE 2G: | REPORTED REVENUE ON 990 NET OF WHOLESALE POWER COSTS AND MERCHANDISING EXPENSES. | |
| FORM 990, PART IX, LINE 4: | THE COOPERATIVE HAS INTERPRETED PATRONAGE DIVIDENDS PAID TO BE THE AMOUNT OF CURRENT YEAR MARGINS THAT WILL BE ALLOCATED TO ITS MEMBERS AND THEREFORE HAS PRESENTED THIS AMOUNT. THE COOPERATIVE HAS ALLOCATED ALL OPERATING MARGINS AND RETAINED A PORTION OF ITS NON-OPERATING MARGINS. |