SOUTHWESTERN ELECTRIC COOPERATIVE INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- SOUTHWESTERN ELECTRIC COOPERATIVE INC (EIN 37-0525575)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-05-29
- IRS object ID
- 201231509349300138
- Schema version
- 2011v1.2
- 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 | 2012-05-29T15:32:01-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 370980065 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WEST & COMPANY LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 919 E HARRIS | AddressLine1 |
| City | GREENVILLE | City |
| State | IL | State |
| ZIP Code | 62246 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 370525575 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHWESTERN ELECTRIC COOPERATIVE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SOUT | NameControl |
| Phone | 6186641025 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 549 525 US ROUTE 40 | AddressLine1 |
| City | GREENVILLE | City |
| State | IL | State |
| ZIP Code | 622460549 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAN TILLMAN | Name |
| Title | CFO | Title |
| Phone | 6186641025 | Phone |
| Date Signed | 2012-05-25 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JANICE K ROMACK | Name |
| PTIN | P00096784 | PTIN |
| Phone | 6186644848 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | KERRY SLOAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 549 525 US ROUTE 40 | AddressLine1 |
| City | GREENVILLE | City |
| State | IL | State |
| ZIP Code | 622460549 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 65989487 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.SWECI.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1939 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | AN ELECTRIC COOPERATIVE THAT PROVIDES ELECTRIC DISTRIBUTION SERVICE TO ITS MEMBERS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 83 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | 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 | 53482826 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 64851767 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 320308 | InvestmentIncomePriorYear |
| Investment Income Current Year | 435475 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 577565 | OtherRevenuePriorYear |
| Other Revenue Current Year | 702245 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 54380699 | TotalRevenuePriorYear |
| Total Revenue Current Year | 65989487 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 22550 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 6593059 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 7247469 | 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 | 46060755 | OtherExpensePriorYear |
| Other Expenses Current Year | 66418898 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 52653814 | TotalExpensesPriorYear |
| Total Expenses Current Year | 73688917 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1726885 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -7699430 | RevenuesLessExpensesCY |
| Total Assets BOY | 156658822 | TotalAssetsBOY |
| Total Assets EOY | 148771077 | TotalAssetsEOY |
| Total Liabilities BOY | 97122926 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 97518704 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 59535896 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 51252373 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE CORPORATE PURPOSE AND GOAL IS IN ACCORDANCE WITH AND THROUGH THE EXERCISE OF AUTHORITY GRANTED BY THE LAWS OF THE STATE OF ILLINOIS, THE COOPERATIVE'S ARTICLES OF INCORPORATION AND THE BYLAWS, TO PROVIDE ENERGY AND OTHER SERVICES TO ITS MEMBERS AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND PRUDENT MANAGEMENT, AND TO OPERATE ON A COOPERATIVE, NON-PROFIT BASIS FOR THE BENEFIT OF ITS MEMBERS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | THE COOPERATIVE PROVIDES ELECTRIC SERVICE TO 23,755 ELECTRIC SERVICES IN BOND, MADISON AND FAYETTE COUNTIES IN ILLINOIS. (CODE:221000) | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| 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 | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | 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 | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | 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 | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | 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 | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 38 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 83 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Gross Income From Members | 65312167 | GrossIncomeFromMembers |
| Gross Income Other Sources | 608722 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | 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 | 1 | 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 | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RONALD SCHAUFELBERGER SECRETARY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8006378667 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 525 US ROUTE 40 | AddressLine1 |
| City | GREENVILLE | City |
| State | IL | State |
| ZIP Code | 62246 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (18 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | FormerFormer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| ALAN LIBBRA | ||||||||
| PRESIDENT | 5.30 | X | X | 23970 | 0 | 0 | ||
| ANN SCHWARM | ||||||||
| VICE PRESIDENT | 4.40 | X | X | 24170 | 0 | 0 | ||
| RONALD SCHAUFELBERGER | ||||||||
| SECRETARY | 4.20 | X | X | 23870 | 0 | 0 | ||
| BARBARA TEDRICK | ||||||||
| TREASURER | 4.20 | X | X | 24487 | 0 | 0 | ||
| RICHARD GUSEWELL | ||||||||
| DIRECTOR | 4.80 | X | 25126 | 0 | 0 | |||
| THEODORE WILLMAN | ||||||||
| DIRECTOR | 3.70 | X | 24170 | 0 | 0 | |||
| RANDALL WOLF | ||||||||
| DIRECTOR | 4.60 | X | 16499 | 0 | 0 | |||
| SANDRA GRAPPERHAUS | ||||||||
| DIRECTOR | 3.10 | X | 12337 | 0 | 0 | |||
| SANDRA NEVINGER | ||||||||
| DIRECTOR | 3.60 | X | 7809 | 0 | 0 | |||
| CARL BARTH | ||||||||
| FORMER DIRECTOR | 3.80 | 21459 | 0 | 0 | X | |||
| JAMES GRAPPERHAUS | ||||||||
| FORMER DIRECTOR | 3.10 | 11976 | 0 | 0 | X | |||
| KERRY SLOAN | ||||||||
| CEO | 40.00 | X | 335340 | 0 | 198119 | |||
| DANIEL TILLMAN | ||||||||
| DIRECTOR OF FINANCE | 40.00 | X | 111413 | 0 | 76203 | |||
| RACHEL SLOAN | ||||||||
| DIRECTOR OF ADMIN. SVCS & | 40.00 | 161869 | 0 | 84953 | X | |||
| RICHARD MCGILL | ||||||||
| DIRECTOR OF ENGINEERING | 40.00 | 116285 | 0 | 85200 | X | |||
| ANDREW JONES | ||||||||
| DIRECTOR OF BUS. DEVELOPME | 40.00 | 125471 | 0 | 80088 | X | |||
| PAUL STRAUSBAUGH | ||||||||
| DIRECTOR OF OPERATIONS | 40.00 | 115227 | 0 | 23750 | X | |||
| SHANE HEALY | ||||||||
| CONSTRUCTION FOREMAN | 47.80 | 116293 | 0 | 57319 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1297771 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 605632 | TotalOtherCompensation |
| Number Individuals GT100 K | 26 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| JF ELECTRIC INC | |||||
| PO BOX 570 | EDWARDSVILLE | IL | 62025 | ELEC. LINE CONSTRUCTION | 1277064 |
| ASPLUNDH TREE EXPERT CO | |||||
| 1700 SOLUTIONS CENTER | CHICAGO | IL | 60677 | R.O.W. CLEARING | 734325 |
| WARRENSBURG TREE SERVICE | |||||
| PO BOX 122 | WARRENSBURG | IL | 62573 | R.O.W. CLEARING | 451643 |
| FELLON-MCCORD | |||||
| 10200 FOREST GREEN BLVD | LOUISVILLE | KY | 40223 | POWER SCHEDULING | 182872 |
| PREMIER PRINT GROUP | |||||
| 2602 N MATTIS AVE | CHAMPAIGN | IL | 61822 | PUBLISHING SERVICES | 130970 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SALE OF ELECTRICITY | Description |
| Business Code | 221000 | BusinessCode |
| Total Revenue Column | 64851767 | TotalRevenueColumn |
| Related Or Exempt Function Income | 64851767 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 64851767 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 435475 | TotalRevenueColumn |
| Exclusion | $435,475 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| FORFEITED DISCOUNTS & | 221000 | 460399 | 460399 |
| PATRONAGE DIVIDENDS | 900099 | 208402 | 208402 |
| NON-OPERATING MARGINS | 900099 | 33444 | 33444 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 702245 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 65989487 | TotalRevenueColumn |
| Related Or Exempt Function Income | 65554012 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $435,475 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10050 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12500 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 863239 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3999085 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1057430 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 849435 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 478280 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 307647 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45300 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1048678 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 289436 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 457799 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 405675 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3494147 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4156015 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 597722 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| ENERGY | 53599021 |
| TAXES | 582789 |
| TRANSPORTATION | 535347 |
| MATERIAL | 258656 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 640666 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73688917 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1526701 | BOY |
| EOY | 3267640 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18718473 | BOY |
| EOY | 9094935 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7232805 | BOY |
| EOY | 6610150 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1279315 | BOY |
| EOY | 1084500 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 206281 | BOY |
| EOY | 136353 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 157443088 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 37356046 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 118498930 | BOY |
| EOY | 120087042 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9196317 | BOY |
| EOY | 8490457 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 156658822 | BOY |
| EOY | 148771077 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5484868 | BOY |
| EOY | 4912722 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88528423 | BOY |
| EOY | 89330112 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3109635 | BOY |
| EOY | 3275870 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 97122926 | BOY |
| EOY | 97518704 | 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 | 59535896 | BOY |
| EOY | 51252373 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 59535896 | BOY |
| EOY | 51252373 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 156658822 | BOY |
| EOY | 148771077 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -7699430 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -584093 | 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 |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 623443 | OtherCostOrOtherBasis |
| Book Value | 623443 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3490415 | OtherCostOrOtherBasis |
| Depreciation | 831453 | Depreciation |
| Book Value | 2658962 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 145414832 | OtherCostOrOtherBasis |
| Depreciation | 34639303 | Depreciation |
| Book Value | 110775529 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7914398 | OtherCostOrOtherBasis |
| Depreciation | 1885290 | Depreciation |
| Book Value | 6029108 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 120087042 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (7 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| INVESTMENTS IN SUBSIDIARY COMPANIES | 3695148 |
| INVESTMENTS IN ASSOCIATED ORGANIZATIONS-PATRONAGE CAPITAL | 1306802 |
| INVESTMENTS IN ASSOCIATED ORGANIZATIONS-GENERAL FUNDS | 2031595 |
| INVESTMENTS IN ASSOCIATED ORGANIZATIONS-NON-GENERAL FUNDS NRU-CFC CTC'S | 1240548 |
| OTHER INVESTMENTS-ERC LOANS & CONSUMER LOANS | 149526 |
| SPECIAL FUNDS | 44297 |
| OTHER CURRENT & ACCRUED ASSETS-ACCRUED INTEREST | 22541 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 8490457 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CONSUMER DEPOSITS | $630,803 |
| OTHER CURRENT & ACCRUED LIABILITIES-TAXES, INS, EXCISE ETC | $660,821 |
| DEFERRED CREDS-MARGIN STABILIZATION, UNCL CAP CRD | $1,984,246 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3275870 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | SCHEDULE D, PART X, LINE 1: FIN 48 (ASC 740) AUDIT FOOTNOTE ACCOUNTING FOR UNCERTAIN TAX POSITIONS - EFFECTIVE JANUARY 1, 2010 THE COOPERATIVE ADOPTED THE ACCOUNTING STANDARD REGARDING "ACCOUNTING FOR UNCERTAIN TAX POSITIONS." THIS ACCOUNTING STANDARD PROVIDES DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX PROVISIONS RECOGNIZED IN THE COOPERATIVE'S CONSOLIDATED FINANCIAL STATEMENTS. THIS STANDARD REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE COOPERATIVE HAS NOT TAKEN ANY TAX POSITION THAT IS EXPECTED TO SIGNIFICANTLY INCREASE OR DECREASE OVER THE NEXT TWELVE MONTHS. THE ADOPTION OF THIS STANDARD HAD NO MATERIAL EFFECT ON THE COOPERATIVE'S CONSOLIDATED FINANCIAL POSITION, CHANGE IN NET ASSETS, OR CASH FLOWS. THE COOPERATIVE FILES INCOME TAX RETURNS IN THE UNITED STATES FEDERAL AND ILLINOIS STATE JURISDICTIONS. THE COOPERATIVE IS NO LONGER SUBJECT TO UNITED STATES FEDERAL OR ILLINOIS STATE TAX EXAMINATIONS FOR YEARS ENDING BEFORE DECEMBER 31, 2008. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
| No Grant More Than5000 | X | NoGrantMoreThan5000 |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | COLLEGE SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 11 | NumberOfRecipients |
| Amount Of Cash Grant | 12500 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | FUNDS ARE GIVEN TO COMMON CHARITIES THAT HAVE EFFECTIVE OVERSIGHT IN THE USE OF THE ASSISTANCE GIVEN. THE BOARD OF DIRECTORS ALSO FOLLOWS UP WITH THE CHARITY TO ENSURE THAT THE FUNDS ARE BEING USED APPROPRIATELY. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | 1 | SubstantiationRequired |
| 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 (8 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CARL BARTH | |||||||||||||
| 21459 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21459 | 0 | 0 | 0 |
| JAMES GRAPPERHAUS | |||||||||||||
| 11976 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11976 | 0 | 0 | 0 |
| KERRY SLOAN | |||||||||||||
| 324633 | 0 | 0 | 0 | 10707 | 0 | 184202 | 0 | 16801 | 0 | 536343 | 0 | 0 | 0 |
| DANIEL TILLMAN | |||||||||||||
| 105506 | 0 | 5000 | 0 | 907 | 0 | 58178 | 0 | 15714 | 0 | 185305 | 0 | 0 | 0 |
| RACHEL SLOAN | |||||||||||||
| 161456 | 0 | 100 | 0 | 313 | 0 | 84953 | 0 | 749 | 0 | 247571 | 0 | 0 | 0 |
| RICHARD MCGILL | |||||||||||||
| 115002 | 0 | 0 | 0 | 1283 | 0 | 67174 | 0 | 15778 | 0 | 199237 | 0 | 0 | 0 |
| ANDREW JONES | |||||||||||||
| 122618 | 0 | 0 | 0 | 2853 | 0 | 62141 | 0 | 15802 | 0 | 203414 | 0 | 0 | 0 |
| SHANE HEALY | |||||||||||||
| 116121 | 0 | 0 | 0 | 172 | 0 | 36722 | 0 | 18105 | 0 | 171120 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| MICHAEL WILLMAN | |||
| FAMILY MEMBER OF DIRECTOR | 113431 | COMPENSATION | 0 |
| RACHEL SLOAN | |||
| FAMILY MEMBER OF CEO | 170552 | COMPENSATION | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERSHIP IS REQUIRED. ANY PERSON WHO MEETS THE QUALIFICATIONS FOR MEMBERSHIP, AS OUTLINED IN SECTION 2 OF THE BYLAWS, HAS THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE OR TO RECEIVE DISTRIBUTION OF INCOME OR ASSETS FROM THE ORGANIZATION. | |
| FORM 990, PART VI, SECTION A, LINE 7A | PER SECTION 2. A.2 OF THE BYLAWS.."MEMBERS SHALL BE ENTITLED TO VOTE AT ANY MEETING OF THE MEMBERS OF THE COOPERATIVE,...SHALL BE ENTITLED TO BE ELECTED A DIRECTOR OF THE COOPERATIVE SUBJECT TO COMPLIANCE WITH THE QUALIFICATIONS STATED IN SECTION 5." | |
| FORM 990, PART VI, SECTION A, LINE 7B | SECTION 4.C. OF THE BYLAWS COVERS VOTING ON ISSUES DULY PRESENTED TO THE MEMBERS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED BY THE CFO OF THE FILING ORGANIZATION. ONCE COMPLETED, THE CFO FORWARDS THE FORM TO THE CPA FIRM TO REVIEW AND PREPARE FOR ELECTRONIC TRANSMISSION. THE CFO REVIEWS THE FINAL COPY. THE FINAL FORM 990 IS THEN, PRIOR TO FILING, PRESENTED TO THE BOARD AT THE SAME BOARD MEETING THAT THE COMPLETED AUDIT REPORT IS PRESENTED. | |
| FORM 990, PART VI, SECTION B, LINE 12C | BY THE INHERENT INTIMATE NATURE AMONG ITS MEMBERS, THE BOARD REGULARLY MONITORS THIS POLICY THROUGH DISCUSSION AND INTERACTION WITH THE PUBLIC AND THE MEMBERS OF THE COOPERATIVE. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COOPERATIVE ANNUALLY PARTICIPATES IN A NATIONAL COMPENSATION STUDY CONDUCTED BY NRECA IN ORDER TO MONITOR/COMPARE/ESTABLISH THE RATE OF COMPENSATION FOR ITS STAFF. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE COOPERATIVE MAKES AVAILABLE TO ITS MEMBERS UPON REQUEST GOVERNING DOCUMENTS AND POLICIES AT THE CORPORATE HEADQUARTERS. IT ALSO PLACES BYLAWS/MEMBER GUIDES AND FINANCIALS ON ITS WEBSITE FOR INSPECTION. | |
| FORM 990, PART XI, LINE 5: | PRIOR PERIOD ADJUSTMENTS: -80,369. RETIREMENTS OF PATRONAGE CAPITAL ($508,944) -508,944. NEW MEMBERSHIP FEES $4,400 4,400. CANCELLED MEMBERSHIPS $820 820. TOTAL TO FORM 990, PART XI, LINE 5: -584,093. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XI, LINE 2C: PROCESS HAS NOT CHANGED. THE FULL BOARD ESSENTIALLY HAS OVERSIGHT. | ||
| FORM 990, PART XI, LINE 5, PRIOR PERIOD ADJUSTMENT: THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2010 WERE RESTATED FOR A CORRECTION TO A SUBSIDIARY'S PREPAID EXPENSE. THE PREPAID EXPENSE WAS REDUCED BY $80,369 AND THE RELATED EXPENSE WAS INCREASED BY $80,369, FOR A DECREASE IN TOTAL INCOME. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PROPANE PLUS INC | |||||||||||
| 525 US ROUTE 40 PO BOX 549 | GREENVILLE | IL | 62246 | 371331451 | RETAIL PROPANE GAS SALES | IL | SWECI | C | 116407 | 3691199 | 1.00000 |
| NEW ILLINOIS COOPERATIVE ENERGY INC | |||||||||||
| 525 US ROUTE 40 PO BOX 549 | GREENVILLE | IL | 62246 | 261616116 | SUSPENDED-RETAIL ELECTRICITY SALES | IL | SWECI | C | -47808 | 3949 | 1.00000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| PROPANE PLUS INC | ||
| A | 121458 | AMORTIZATION SCHEDULE |
| PROPANE PLUS INC | ||
| D | 1676393 | GENERAL LEDGER |
| PROPANE PLUS INC | ||
| N | 70974 | TIME SHEETS |
| PROPANE PLUS INC | ||
| P | 65581 | GENERAL LEDGER |
| NEW ILLINOIS COOPERATIVE ENERGY | ||
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | F0RM 990, SCHEDULE R, PART V LINE 2: THE VALUES FOR ALL TRANSACTIONS ARE VALUED BASED ON ACTUAL CASH EXCHANGED WITH THE RELATED ORGANIZATION. | Explanation |