Callaway Electric Cooperative
- Assets
- $84.2m
- Revenue
- $24.8m
- Investments
- $0.0
- Employees
- 46
- Location
- Fulton, MO
- Founding
- 06/1949
- Data as of
- 12/2015
- EIN
- 43-0204430
Organization Overview
Callaway Electric Cooperative is located in Fulton, MO. The organization was established in 1949. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2015, Callaway Electric Cooperative employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Callaway Electric Cooperative is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
DISTRIBUTION OF ELECTRICITY TO RURAL MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOLD AND DISTRIBUTED ELECTRICITY TO RURAL MEMBERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Schmid Director/president | OfficerTrustee | 6.3 | $8,700 |
David Boessen Director | Trustee | 2.38 | $5,150 |
David Guerrant Director | Trustee | 2.3 | $5,300 |
David Means Director/secretary | OfficerTrustee | 4 | $5,900 |
Garnett Garrett Director | Trustee | 3.6 | $5,500 |
Gary Crawford Director/treasurer | OfficerTrustee | 2.23 | $5,400 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hentges Tree Service Row Clearing | 12/30/15 | $724,410 |
Kiowa Line Builders Line Builders | 12/30/15 | $574,880 |
View All Vendors
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $24,657,285 |
| Investment income | $93,936 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $36,560 |
| Net Gain/Loss on Asset Sales | -$1,737 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,786,044 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $958,399 |
| Compensation of current officers, directors, key employees. | $562,739 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,984,129 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,457,034 |
| Insurance | $0 |
| All other expenses | $1,006,903 |
| Total functional expenses | $23,727,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,792,592 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,768,460 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $497,656 |
| Prepaid expenses and deferred charges | $2,452,768 |
| Net Land, buildings, and equipment | $59,472,380 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $17,218,835 |
| Intangible assets | $0 |
| Other assets | $3,293 |
| Total assets | $84,205,984 |
| Accounts payable and accrued expenses | $1,713,739 |
| Grants payable | $0 |
| Deferred revenue | $288,966 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $48,175,855 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,766,460 |
| Total liabilities | $51,945,020 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $52,905 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $32,260,964 |