PRESQUE ISLE ELECTRIC & GAS CO-OP: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- PRESQUE ISLE ELECTRIC & GAS CO-OP (EIN 38-0941545)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-14
- IRS object ID
- 201212279349302326
- 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 | 2012-08-14T14:56:01-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARRIS GROUP CPA'S | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 731 S GARFIELD AVE | AddressLine1 |
| City | TRAVERSE CITY | City |
| State | MI | State |
| ZIP Code | 49686 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 380941545 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRESQUE ISLE ELECTRIC & GAS CO-OP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PRES | NameControl |
| Phone | 9897338515 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19831 M-68 HWY | AddressLine1 |
| City | ONAWAY | City |
| State | MI | State |
| ZIP Code | 49765 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TOM SOBECK | Name |
| Title | CFO | Title |
| Phone | 9897338515 | Phone |
| Date Signed | 2012-08-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RONALD G HARRIS CPA | Name |
| Phone | 2319468930 | Phone |
| Date Prepared | 2012-08-14 | 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) |
|---|---|---|
| Gross Receipts | 41951068 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.PIEG.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1937 | YearFormation |
| State Legal Domicile | MI | StateLegalDomicile |
| Activity Or Mission Description | ELECTRIC AND GAS COOPERATIVE | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 103 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 38376773 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 40120702 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 449572 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1554374 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 188815 | OtherRevenuePriorYear |
| Other Revenue Current Year | 198100 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 39015160 | TotalRevenuePriorYear |
| Total Revenue Current Year | 41873176 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 693850 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2834426 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2835076 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 36076641 | OtherExpensePriorYear |
| Other Expenses Current Year | 36959901 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 38911067 | TotalExpensesPriorYear |
| Total Expenses Current Year | 40488827 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 104093 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1384349 | RevenuesLessExpensesCY |
| Total Assets BOY | 103352829 | TotalAssetsBOY |
| Total Assets EOY | 104756938 | TotalAssetsEOY |
| Total Liabilities BOY | 66873315 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 66886920 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 36479514 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 37870018 | NetAssetsOrFundBalancesEOY |
| Mission Description | ELECTRIC AND GAS COOPERATIVE | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Description | REVENUES FROM ELECTRIC POWER PROVIDED TO 33,121 CUSTOMERS AND FROM GAS SERVICES TO 8,589 CUSTOMERS. | Description |
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 24 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 103 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Gross Income From Members | 40519414 | GrossIncomeFromMembers |
| Gross Income Other Sources | 465658 | GrossIncomeOtherSources |
| Indoor Tanning Services | false | 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 | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRESQUE ISLE ELECTRIC AND GAS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9897338515 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19831 M-68 HWY | AddressLine1 |
| City | ONAWAY | City |
| State | MI | State |
| ZIP Code | 49765 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| SALLY KNOPF | |||||||
| DIRECTOR | 4.00 | X | 12750 | 0 | 18 | ||
| RAYMOND WOZNIAK | |||||||
| DIRECTOR | 6.00 | X | 12350 | 0 | 12 | ||
| ALLAN BERG | |||||||
| DIRECTOR | 5.00 | X | 10825 | 0 | 18 | ||
| BERNICE KRAJNIAK | |||||||
| DIRECTOR | 4.00 | X | 9975 | 0 | 8 | ||
| ROBERT WEGMEYER | |||||||
| DIRECTOR | 4.00 | X | 5700 | 0 | 6 | ||
| BRIAN BURNS | |||||||
| CEO | 50.00 | 143086 | 0 | 51824 | X | ||
| DAVID SMITH | |||||||
| SECRETARY | 4.00 | 10925 | 0 | 18 | X | ||
| DARYL PETERSON | |||||||
| TREASURER | 8.50 | 10550 | 0 | 18 | X | ||
| ALLEN BARR | |||||||
| VICE-CHAIRPE | 6.00 | 10200 | 0 | 18 | X | ||
| JOHN BROWN | |||||||
| CHAIRPERSON | 5.00 | 9675 | 0 | 18 | X | ||
| RANDY MCLEAN | |||||||
| FOREMAN | 40.00 | 103298 | 0 | 18888 | X | ||
| RANDY KREFT | |||||||
| FOREMAN | 40.00 | 103242 | 0 | 22220 | X | ||
| GREG WILK | |||||||
| LINEWORKER | 40.00 | 103201 | 0 | 19331 | X | ||
| DEAN ESTEP | |||||||
| LINEWORKER | 40.00 | 102525 | 0 | 13271 | X | ||
| SHAWN WALKER | |||||||
| LINEWORKER | 40.00 | 100667 | 0 | 21980 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 748969 | TotalReportableCompFromOrg |
| Total Other Compensation | 147648 | TotalOtherCompensation |
| Number Individuals GT100 K | 6 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| HYDE'S INC | |||||
| PO BOX 493 | ONAWAY | MI | 49765 | RIGHT OF WAY | 602944 |
| NATIONAL INFORMATION SOLUTIONS COOP | |||||
| PO BOX 1147 | MANDAN | ND | 58554 | SOFTWARE VENDOR | 417521 |
| DYKEMA GOSSETT PLLC | |||||
| 400 RENAISSANCE CENTER | DETROIT | MI | 48243 | LEGAL SERVICES | 183476 |
| THUNDER BAY TREE SERVICE | |||||
| 1172 HALLEY ROAD | ALPENA | MI | 49707 | RIGHT OF WAY | 158388 |
| GREAT LAKES POWER AND PIPE | |||||
| 8814 SWAN ROAD | ONAWAY | MI | 49765 | CONSTRUCTION | 136552 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ELECTRIC REVENUE FROM MEMBERS | Description |
| Total Revenue Column | 40120702 | TotalRevenueColumn |
| Related Or Exempt Function Income | 40120702 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 40120702 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1554374 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1493963 | RelatedOrExemptFunctionIncome |
| Exclusion | $60,411 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 87208 | GrossSalesOfInventory |
| Cost Of Goods Sold | 77892 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9316 | TotalRevenueColumn |
| Exclusion | $9,316 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|
| RENTAL REVENUE | 116219 | 116219 | |
| NON-MEMBERS-STREET LIGHTS | 66825 | $66,825 | |
| MISCELLANEOUS | 5740 | 5740 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 188784 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 41873176 | TotalRevenueColumn |
| Related Or Exempt Function Income | 41736624 | RelatedOrExemptFunctionIncome |
| Exclusion | $136,552 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 693850 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 326240 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2313971 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 194865 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20731 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3151240 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3267176 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| COST OF ENERGY | 23596605 |
| DISTRIBUTION - MAINTENANC | 3461054 |
| CONSUMERS ACCOUNTS | 1599022 |
| ADMINISTRATIVE AND GENERA | 1384543 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 479530 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40488827 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 124290 | BOY |
| EOY | 457322 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1452842 | BOY |
| EOY | 1372732 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4910699 | BOY |
| EOY | 4725144 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1233075 | BOY |
| EOY | 1285871 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 299714 | BOY |
| EOY | 448401 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 121535778 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 45954018 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75001579 | BOY |
| EOY | 75581760 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20330630 | BOY |
| EOY | 20885708 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 103352829 | BOY |
| EOY | 104756938 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7361859 | BOY |
| EOY | 7821937 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 59266732 | BOY |
| EOY | 58648429 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 244724 | BOY |
| EOY | 416554 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66873315 | BOY |
| EOY | 66886920 | 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 | 227440 | BOY |
| EOY | 233595 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -1571251 | BOY |
| EOY | -1301485 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37823325 | BOY |
| EOY | 38937908 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36479514 | BOY |
| EOY | 37870018 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 103352829 | BOY |
| EOY | 104756938 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 1384349 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 6155 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 121535778 | OtherCostOrOtherBasis |
| Depreciation | 45954018 | Depreciation |
| Book Value | 75581760 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 75581760 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEFERRED CREDITS | Description |
| Amount | $416,554 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 416554 | TotalOfAmounts |
| Total Revenue | 41873176 | TotalRevenue |
| Total Expenses | 40488827 | TotalExpenses |
| Excess Or Deficit For Year | 1384349 | ExcessOrDeficitForYear |
| Other | $693,850 | OtherAmount |
| Total Adjustments | 693850 | TotalAdjustments |
| Excess Or Deficit Per FS | 2078199 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 41858120 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | -15056 | OtherRevenues |
| Revenue Not Rptd F990 | -15056 | RevenueNotRptdF990 |
| Revenue Subtotal | 41873176 | RevenueSubtotal |
| Total Revenue Per Form990 | 41873176 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 39779921 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | -15056 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | -15056 | ExpensesNotRptdF990 |
| Expenses Subtotal | 39794977 | ExpensesSubtotal |
| Other Expenses Not Included | 693850 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 693850 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 40488827 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| RECONCILIATION OF CHANGES - OTHER | SCHEDULE D, PAGE 4, PART XI, LINE 8 | REVENUE NETTED AGAINST EXPENSES ON THE FINANCIAL STATEMENT -15,056 REVENUE NETTED AGAINST EXPENSES ON THE FINANCIAL STATEMENT 15,056 PATRONAGE CAPITAL PAYMENTS TO MEMBERS 693,850 |
| REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 2D | REVENUE NETTED AGAINST EXPENSES ON THE FINANCIAL STATEMENT -15,056 |
| EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XIII, LINE 2D | REVENUE NETTED AGAINST EXPENSES ON THE FINANCIAL STATEMENT -15,056 |
| EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XIII, LINE 4B | PATRONAGE CAPITAL PAYMENTS TO MEMBERS 693,850 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BRIAN BURNS | NamePerson |
| Base Compensation Filing Org | 143086 | BaseCompensationFilingOrg |
| Deferred Comp Filing Org | 49676 | DeferredCompFilingOrg |
| Nontaxable Benefits Filing Org | 2148 | NontaxableBenefitsFilingOrg |
| Total Compensation Filing Org | 194910 | TotalCompensationFilingOrg |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | THE MEMBERS OF THE COOPERATIVE ELECT THE GOVERNING BOARD. |
| DECISIONS SUBJECT TO APPROVAL OF MEMBERS | FORM 990, PAGE 6, PART VI, LINE 7B | THE BOARD DOES NOT NEED THE APPROVAL OF THE GENERAL MEMEMBERSHIP ON DECISIONS VOTED ON AT MONTHLY BOARD MEETINGS. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | REVIEWED BY THE CEO, CFO AND BOARD BEFORE FILING. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | BOARD REVIEWS POLICY AND ANNUALLY DISCLOSES ANY POTENTIAL CONFLICTS. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD REVIEWS AN EVALUATION OF THE CEO, USING THE NRECA NATIONAL COMPENSATION SURVEY AS A COMPARABLE GUIDE, THE BOARD WILL SET THE CEO'S COMPENSATION. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | THE CFO'S SALARY IS DETERMINED BY THE CEO WHO THEN PRESENTS IT TO THE BOARD FOR APPROVAL. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | MANY DOCUMENTS POSTED ON THE COOPERATIVE WEBSITE, OTHERS ARE AVAILABLE BY WRITTEN REQUEST. |
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