HOLMES-WAYNE ELECTRIC COOPERATIVE INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- HOLMES-WAYNE ELECTRIC COOPERATIVE INC (EIN 34-0294570)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-08
- IRS object ID
- 201232219349301013
- 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 | 2012-08-08T13:06:15-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 341310124 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REA & ASSOCIATES INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 212 N WASHINGTON STREET | AddressLine1 |
| City | MILLERSBURG | City |
| State | OH | State |
| ZIP Code | 44654 | 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 | 340294570 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLMES-WAYNE ELECTRIC COOPERATIVE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HOLM | NameControl |
| Phone | 3306741055 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 112 | AddressLine1 |
| City | MILLERSBURG | City |
| State | OH | State |
| ZIP Code | 446540112 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GLENN W MILLER | Name |
| Title | PRESIDENT & CEO | Title |
| Phone | 3306741055 | Phone |
| Date Signed | 2012-08-02 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHRIS ROUSH CPA | Name |
| PTIN | P00100273 | PTIN |
| Phone | 3306746055 | Phone |
| Date Prepared | 2012-08-02 | DatePrepared |
| 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 | GLENN W MILLER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 112 | AddressLine1 |
| City | MILLERSBURG | City |
| State | OH | State |
| ZIP Code | 446540112 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 35819269 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.HWECOOP.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1935 | YearFormation |
| State Legal Domicile | OH | StateLegalDomicile |
| Activity Or Mission Description | SINCE BEING ESTABLISHED IN 1935 IN MILLERSBURG, OH, HOLMES-WAYNE ELECTRIC COOPERATIVE, INC. HAS BEEN OPERATING AS A NON-PROFIT ELECTRIC DISTRIBUTION UTILITY. OUR PURPOSE IS TO FURNISH OUR MEMBER-CUSTOMERS WITH QUALITY, LOW COST ELECTRIC SERVICES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 42 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 318 | 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 | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 72620 | InvestmentIncomePriorYear |
| Investment Income Current Year | 60022 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 12669463 | OtherRevenuePriorYear |
| Other Revenue Current Year | 13740579 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 12742083 | TotalRevenuePriorYear |
| Total Revenue Current Year | 13800601 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 9000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 10500 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 1572256 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3891593 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4105024 | 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 | 7675834 | OtherExpensePriorYear |
| Other Expenses Current Year | 8112821 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 11576427 | TotalExpensesPriorYear |
| Total Expenses Current Year | 13800601 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1165656 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 0 | RevenuesLessExpensesCY |
| Total Assets BOY | 67541837 | TotalAssetsBOY |
| Total Assets EOY | 70430164 | TotalAssetsEOY |
| Total Liabilities BOY | 38561991 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 41002847 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 28979846 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 29427317 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE AIM OF THE HOLMES-WAYNE ELECTRIC COOPERATIVE, INC. IS TO FURNISH ITS MEMBERS WITH THE BEST POSSIBLE ELECTRIC SERVICE AT THE LOWEST COST, CONSISTENT WITH SOUND AND GOOD MANAGEMENT. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | OUR LARGEST PROGRAM SERVICE ACCOMPLISHMENT WAS THE DISTRIBUTION OF ELECTRICITY TO THE RURAL AREAS OF EIGHT COUNTIES IN NORTHEAST OHIO. WE HAVE SERVED OVER 18,000 ACCOUNTS WITH NEARLY 2,200 MILES OF DISTRIBUTION LINES AND 17 SUBSTATIONS. | 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 | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | 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 | 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 | 0 | 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 | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 42 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 42 | 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 |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Gross Income From Members | 34141865 | GrossIncomeFromMembers |
| Gross Income Other Sources | 1677404 | 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 | 0 | 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 | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CASEY WAGNER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3306741055 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6060 SR 83 | AddressLine1 |
| City | MILLERSBURG | City |
| State | OH | State |
| ZIP Code | 44654 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (12 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| LARRY MARTIN | ||||||
| TRUSTEE/SECRETARY/TREASURER | 4.10 | X | 11550 | 0 | 0 | |
| RONNIE R SCHLEGEL | ||||||
| TRUSTEE | 3.10 | X | 8400 | 0 | 0 | |
| DONALD BUREN | ||||||
| TRUSTEE | 3.40 | X | 9100 | 0 | 0 | |
| KENNETH BOWER | ||||||
| TRUSTEE | 1.80 | X | 5250 | 0 | 0 | |
| KENNETH CONRAD | ||||||
| TRUSTEE | 2.10 | X | 8400 | 0 | 0 | |
| DAVID MANN | ||||||
| TRUSTEE/VICE CHAIRMAN | 4.10 | X | 10150 | 0 | 0 | |
| RANDY SPRANG | ||||||
| TRUSTEE/CHAIRMAN | 4.30 | X | 10500 | 0 | 0 | |
| WILLIAM GRASSBAUGH | ||||||
| TRUSTEE | 3.00 | X | 7700 | 0 | 0 | |
| BARRY JOLLIFF | ||||||
| TRUSTEE | 3.70 | X | 9100 | 0 | 0 | |
| GLENN W MILLER | ||||||
| PRESIDENT & CEO | 41.50 | 163437 | 0 | 67527 | X | |
| JOHN C PORTER | ||||||
| ASST MANAGER & ENGINEER | 42.00 | 130975 | 0 | 55612 | X | |
| CASEY L WAGNER | ||||||
| ACCOUNTING MANAGER | 41.00 | 85135 | 0 | 45233 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 459697 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 168372 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | 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 |
|---|---|---|---|---|---|
| NEW RIVER ELECTRICAL CORPORATION | |||||
| PO BOX 70 | CLOVERDALE | VA | 24077 | LINE CONSTRUCTION | 863455 |
| LEWIS TREE SERVICE INC | |||||
| PO BOX 8000 | BUFFALO | NY | 14267 | TREE TRIMMING | 777026 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 60022 | TotalRevenueColumn |
| Exclusion | $60,022 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 318 | TotalRevenueColumn |
| Unrelated Business Revenue | 318 | UnrelatedBusinessRevenue |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 197306 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 197306 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 197306 | TotalRevenueColumn |
| Exclusion | $197,306 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 34141865 | GrossSalesOfInventory |
| Cost Of Goods Sold | 22018668 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12123197 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12123197 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| GENERATION CAPITAL CRE | 221000 | 1369621 | $1,369,621 |
| OTHER CAPITAL CREDITS | 221000 | 50137 | $50,137 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1419758 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13800601 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12123197 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 318 | UnrelatedBusinessRevenue |
| Exclusion | $1,677,086 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10500 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1572256 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 459697 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2165099 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 644471 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 594580 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 241177 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9564 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20358 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 168300 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13810 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 244506 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 106181 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60887 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46656 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41013 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1529823 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1887242 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80656 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| TAXES- UTILITY PROPERTY | 2249200 |
| OPERATING & MAINTENANCE | 1240135 |
| CONSUMER ACCOUNTS EXPEN | 233257 |
| ADMINISTRATIVE & GENERA | 181233 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13800601 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41331 | BOY |
| EOY | 122488 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1042326 | BOY |
| EOY | 1366907 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4136750 | BOY |
| EOY | 3791756 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 872006 | BOY |
| EOY | 938523 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 160181 | BOY |
| EOY | 58388 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 63122074 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 15156695 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45452547 | BOY |
| EOY | 47965379 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14222961 | BOY |
| EOY | 14989029 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 194158 | BOY |
| EOY | 182579 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1419577 | BOY |
| EOY | 1015115 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67541837 | BOY |
| EOY | 70430164 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3338474 | BOY |
| EOY | 4023093 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1027532 | BOY |
| EOY | 359479 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33659006 | BOY |
| EOY | 36054095 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 536979 | BOY |
| EOY | 566180 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38561991 | BOY |
| EOY | 41002847 | 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 | 28979846 | BOY |
| EOY | 29427317 | 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 | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28979846 | BOY |
| EOY | 29427317 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67541837 | BOY |
| EOY | 70430164 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 0 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 447471 | 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 Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 360297 | OtherCostOrOtherBasis |
| Book Value | 360297 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4551785 | OtherCostOrOtherBasis |
| Depreciation | 547027 | Depreciation |
| Book Value | 4004758 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3008066 | OtherCostOrOtherBasis |
| Depreciation | 1958134 | Depreciation |
| Book Value | 1049932 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 55201926 | OtherCostOrOtherBasis |
| Depreciation | 12651534 | Depreciation |
| Book Value | 42550392 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 47965379 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (9 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| RURAL ELECTRIC SUPPLY COOPERATIVE | 373434 | C |
| BUCKEYE POWER, INC | 13374155 | C |
| NATIONAL RURAL UTILITIES COOPERATIV | 721192 | C |
| NATIONAL INFORMATION SOLUTIONS CORP | 52212 | C |
| FEDERATED RURAL ELECTRIC INSURANCE | 94324 | C |
| COOPERATIVE RESPONSE CENTER | 19532 | C |
| HEARTLAND EMERGENCY EQUIPMENT, LTD | 125264 | C |
| COBANK COMMON STOCK | 27128 | C |
| OTHER INVESTMENTS | 201788 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 14989029 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CONSTRUCTION DEPOSITS | $62,545 |
| PROVISION FOR POST-RETIREMENT BENEFITS | $308,061 |
| CONSUMER DEPOSITS | $189,385 |
| CONSUMER ENERGY PREPAYMENTS | $6,189 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 566180 | TotalOfAmounts |
| Total Revenue | 13800601 | TotalRevenue |
| Total Expenses | 13800601 | TotalExpenses |
| Excess Or Deficit For Year | 0 | ExcessOrDeficitForYear |
| Other | $447,471 | OtherAmount |
| Total Adjustments | 447471 | TotalAdjustments |
| Excess Or Deficit Per FS | 447471 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 35782984 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 21982383 | OtherRevenues |
| Revenue Not Rptd F990 | 21982383 | RevenueNotRptdF990 |
| Revenue Subtotal | 13800601 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 13800601 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 34210729 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 21982384 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 21982384 | ExpensesNotRptdF990 |
| Expenses Subtotal | 12228345 | ExpensesSubtotal |
| Other Expenses Not Included | 1572256 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1572256 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 13800601 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | OF SCHEDULE D: "INCOME TAXES THE COOPERATIVE IS A RURAL ELECTRIC COOPERATIVE EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(12). ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE. AN INFORMATIONAL TAX RETURN, FORM 990, IS PREPARED AND FILED EACH YEAR WITH THE INTERNAL REVENUE SERVICE. THE COOPERATIVE PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE, RESPECTIVELY, THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAX BENEFITS. INTEREST AND PENALTIES WOULD BE RECORDED AS OPERATING EXPENSES WHEN THEY ARE INCURRED." |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | UNCLAIMED RETIRED CAPITAL CREDITS -1,273,946. REALLOCATED RETIRED CAPITAL CREDITS 412,002. CHANGE IN DONATED CAPITAL 68,064. CHANGE IN RETIRED CAPITAL CREDITS- LOSS -330,905. PATRONAGE DIVIDENDS ALLOCATED FOR 2011 1,572,256. TOTAL TO SCHEDULE D, PART XI, LINE 8: 447,471. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | POWER & MERCHANDISE PURCHASES REPORTABLE ON PART VIII, LINE 10B 21,982,383. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | POWER & MERCHANDISE PURCHASES REPORTABLE ON PART VIII, LINE 10B 21,982,384. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | PATRONAGE DIVIDENDS ALLOCATED FOR 2011 1,572,256. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | EDUCATIONAL SCHOLARSHIPS TO STUDENTS PURSUING HIGHER EDUCATION. | TypeOfGrant |
| Number Of Recipients | 5 | NumberOfRecipients |
| Amount Of Cash Grant | 10500 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | PART I, LINE 2: | SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS ARE AWARDED TO 3 GIRLS AND 3 BOYS FOLLOWING A SCREENING PROCESS BY INDEPENDENT JUDGES. BEFORE AWARDING THE SCHOLARSHIPS, THE STUDENTS MUST PROVE THAT THEY ARE ENROLLED AT THE COLLEGE OR UNIVERSITY OF THEIR CHOICE AND PROVIDE APPROPRIATE DOCUMENTATION. FUNDS ARE NOT DISTRIBUTED UNTIL THAT DOCUMENTATION IS RECEIVED AND REVIEWED. |
| FORM 990, SCHEDULE I, PART III | GRANTS AND OHER ASSISTANCE TO INDIVIDUALS IN THE UNITED STATES. | 1ST PRIZE IS AWARDED $2,500.00, 2ND PRIZE IS AWARDED $2,000.00, AND 3RD PLACE IS AWARDED $1,500.00. THE ORGANIZATION WOULD LIKE TO NOTE THAT ONE OF THE SCHOLARSHIP WINNERS DID NOT COMPLETE THE PROPER PAPERWORK BY THE END OF THE YEAR. THUS THEIR SCHOLARSHIP WAS AWARDED, BUT NOT PAID OUT BY THE END OF THE 2011 TAX YEAR. THIS AWARD MAY STILL BE PAID UPON COMPLETION OF THE PROPER PAPERWORK. |
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 (2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GLENN W MILLER | |||||||||||||
| 155848 | 0 | 0 | 0 | 7589 | 0 | 47580 | 0 | 19947 | 0 | 230964 | 0 | 0 | 0 |
| JOHN C PORTER | |||||||||||||
| 130321 | 0 | 0 | 0 | 654 | 0 | 39471 | 0 | 16141 | 0 | 186587 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE COOPERATIVE IS OWNED AND OPERATED BY ITS MEMBERS. | |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS OF THE COOPERATIVE ELECT A NINE MEMBER BOARD OF TRUSTEES TO OVERSEE THE MANAGEMENT OF THE COOPERATIVE. | |
| FORM 990, PART VI, SECTION B, LINE 11 | AN INDEPENDENT ACCOUNTING FIRM PREPARES THE TAX RETURN ANNUALLY. ONCE THE RETURN HAS BEEN ASSEMBLED AND COMPLETED BY THE ACCOUNTING FIRM, A DRAFT COPY IS SENT OR DELIVERED TO THE FILING ORGANIZATION. THE RETURN IS THEN SENT TO EACH BOARD MEMBER BEFORE THE MONTHLY MEETING. THIS IS DESIGNED TO ALLOW FOR INDIVIDUAL REVIEW TIME BEFORE THE ENTIRE BOARD ASSEMBLES FOR THEIR MONTHLY MEETING TO REVIEW THE TAX RETURN AS A GROUP. THE BOARD WILL ADDRESS ANY QUESTIONS, AND PROPOSE NECESSARY REVISIONS IF NEEDED PRIOR TO FILING THE RETURN WITH THE APPROPRIATE TAXING AUTHORITIES. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COOPERATIVE MONITORS ITS CONFLICT OF INTEREST POLICY BY REQUIRING ITS EMPLOYEES AND BOARD OF TRUSTEES TO COMPLETE A CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORM ANNUALLY. BY DOING SO, THE BOARD IS MADE AWARE OF ANY POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE AND ENFORCES COMPLIANCE WITH THIS POLICY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CEO/PRESIDENT'S COMPENSATION IS DECIDED BY THE OTHER MEMBERS OF THE BOARD BY EVALUATING THE CEO/PRESIDENT'S PERFORMANCE AND BY USING A COMPENSATION SURVEY ON COMPARABLE COOPERATIVES IN THE STATE, REGION, & NATION. THE COMPENSATION STATISTICS CAN BE COMPARED BASED ON THE SIZE, REVENUES, NUMBER OF METERS, & ETC. OF A COOPERATIVE. COMPENSATION FOR THE COOPERATIVE'S ASST. MANAGER/ENGINEER AND ACCOUNTING MANAGER IS BASED ON ANNUAL PERFORMANCE REVIEWS AND INDUSTRY DATA TRENDS, WITH THE FINAL DETERMINATION MADE BY THE CEO/PRESIDENT. EACH OF THE THREE OFFICERS' COMPENSATION IS REVIEWED ANNUALLY. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE COOPERATIVE MAINTAINS PERTINENT PUBLIC RECORDS AND RELEASES THEM TO THE PUBLIC BY REQUEST. THE ORGANIZATION'S MOST RECENTLY FILED TAX RETURNS ARE ALSO AVAILABLE FOR VIEWING ON-LINE AT <WWW.GUIDESTAR.ORG>. | |
| FORM 990, PART IX, LINE 4 | IRS HAS CHANGED INSTRUCTIONS FOR REPORTING CAPITAL CREDITS FOR UTILITY COMPANIES. ACCORDINGLY, THE FILING ORGANIZATION IS NOTING THAT IT HAS BEGUN REPORTING ITS PATRONAGE ALLOCATED CAPITAL CREDITS AS EXPENSES ON FORM 990, PART IX, LINE 4 BEGINNING WITH THIS TAX-EXEMPT RETURN. THE ORGANIZATION IS ALSO NOTING THAT THE RETIRED PATRONAGE CAPITAL CREDITS ARE STILL BEING SHOWN AS AN OTHER ASSET ADJUSTMENTS AND ARE NOTED IN DETAIL ON SCHEDULE D, PAGE 5, AND ALSO ON SCHEDULE O. | TREATMENT OF CAPITAL CREDITS |
| FORM 990, PART XI, LINE 5: | UNCLAIMED RETIRED CAPITAL CREDITS -1,273,946. REALLOCATED RETIRED CAPITAL CREDITS 412,002. CHANGE IN DONATED CAPITAL 68,064. CHANGE IN RETIRED CAPITAL CREDITS- LOSS -330,905. PATRONAGE DIVIDENDS ALLOCATED FOR 2011 1,572,256. TOTAL TO FORM 990, PART XI, LINE 5: 447,471. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XI, LINE 2C | IT IS THE RESPONSIBILITY OF THE 9 DIRECTORS ON THE BOARD TO OVERSEE ANY AUDITS, REVIEWS, OR COMPILATIONS OF FINANCIAL STATMENTS AND TO SELECT AN INDEPENDENT ACCOUNTANT. THIS POLICY HAS NOT CHANGED SINCE THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLMES-WAYNE ELECTRIC FOUNDATION INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 112 | AddressLine1 |
| City | MILLERSBURG | City |
| State | OH | State |
| ZIP Code | 446540112 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 203973508 | EIN |
| Primary Activities | PROVISION OF CHARITABLE & BENEVOLENT FUNDING FOR THE COMMUNITY | PrimaryActivities |
| Legal Domicile State | OH | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 9 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLMES-WAYNE ELECTRIC COOPERATIVE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | 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 | 0 | 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 | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLMES-WAYNE ELECTRIC FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | Q | TransactionType |
| Amount Involved | 56965 | AmountInvolved |
| Method Of Amt Determination | COST VALUE | MethodOfAmtDetermination |