Barton County Elec Coop Inc
- Assets
- $53.3m
- Revenue
- $19.6m
- Investments
- $0.0
- Employees
- 29
- Location
- Lamar, MO
- Founding
- 06/1939
- Data as of
- 12/2021
- EIN
- 44-0164765
Organization Overview
Barton County Elec Coop Inc is located in Lamar, MO. The organization was established in 1939. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Barton County Elec Coop Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barton County Elec Coop Inc 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.
For the year ending 12/2021, Barton County Elec Coop Inc generated $19.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $19.6m during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE FARM PRODUCTION AND LIVING STANDARDS THROUGH ELECTRICAL SERVICES PROVIDED TO RURAL AREAS ON A COOPERATIVE BASIS. TO IMPROVE THE ECONOMY OF THE COMMUNITY THROUGH ELECTRICAL SERVICE PROVIDED TO COMMERCIAL, SCHOOLS AND CHURCHES. TO PROMOTE A CLEAN AND SAFE ENVIRONMENT THROUGH ELECTRICAL SERVICE PROVIDED TO LANDFILLS, HIGHWAYS AND PARKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR ORGANIZATION HAS ONLY ONE PROGRAM SERVICE, PROVIDING ELECTRICAL SERVICE FOR 6,694 ACTIVE SERVICES ON COOPERATIVE BASIS. WE HAVE 1,878 MILES OF ENERGIZED LINE AND DURING THE YEAR OF 2021 WE PURCHASED 172,487,771 KWH OF POWER TO PROVIDE ADEQUATE SERVICE TO OUR CUSTOMERS. OUR OBJECTIVE IS TO KEEP SERVICE INTERRUPTIONS TO A MINIMUM. SERVICE INTERRUPTIONS FOR 2021 WERE APPROXIMATELY 0.03 HOURS PER CUSTOMER FOR THE YEAR OF SERVICE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Hull CEO | Officer | 50 | $132,265 |
Tara Littlejohn Financial Ma | Officer | 40 | $101,714 |
Tim Riley Operations M | Officer | 40 | $98,928 |
Bobby Pulliam Operations M | Officer | 40 | $94,472 |
David Engelage Safety Manag | Officer | 40 | $81,618 |
Shawna Phipps Admin Assist | Officer | 40 | $71,370 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pike Electric Corporation Pole Changes | 12/30/21 | $408,969 |
Asplundh Tree Expert Company Inc Row Tree Clear | 12/30/21 | $953,745 |
Fletcher Reinhardt Service Co Maint Regulator | 12/30/21 | $104,876 |
Edko Llc Row Spraying | 12/30/21 | $130,500 |
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 | $19,424,376 |
| Investment income | $62,080 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $34,259 |
| Net Gain/Loss on Asset Sales | $28,128 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,632 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,554,475 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,835 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $1,842,630 |
| Compensation of current officers, directors, key employees. | $1,126,992 |
| 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 | $1,021,116 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,709,588 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $19,554,475 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $990,426 |
| Savings and temporary cash investments | $1,024,415 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,253,933 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $593,096 |
| Prepaid expenses and deferred charges | $281,880 |
| Net Land, buildings, and equipment | $38,822,137 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $10,328,916 |
| Intangible assets | $0 |
| Other assets | $10,429 |
| Total assets | $53,305,232 |
| Accounts payable and accrued expenses | $2,821,916 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $23,735,950 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $26,557,866 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $56,071 |
| Retained earnings, endowment, accumulated income, or other funds | $26,691,295 |
| Total liabilities and net assets/fund balances | $53,305,232 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Barton County Elec Coop Inc Lamar, MO | $53,305,232 | $19,554,475 |
Cristo Rey Kansas City Kansas City, MO | $7,796,405 | $4,970,520 |
Center For Technology And Civic Life Chicago, IL | $81,351,444 | $64,574,797 |
City Of Pikeville Exposition Center Corporation Pikeville, KY | $1,321,608 | $4,939,974 |
Heartland Institute Arlington Heights, IL | $1,778,407 | $4,106,509 |
Brotherhood Of Maintenance Of Way Employees Mayfield, KY | $4,737,490 | $3,573,473 |
Wilson County Promotions Inc Lebanon, TN | $3,248,871 | $4,128,841 |
Better Government Association Inc Chicago, IL | $3,907,227 | $3,042,344 |
Southeast Kansasworks Inc Emporia, KS | $271,427 | $2,525,875 |
Devou Properties Inc Covington, KY | $3,178,668 | $2,304,792 |
Mechanical Contractors Of Kansas City Overland Park, KS | $3,329,023 | $2,016,251 |
Iowa City Downtown Self Supported Municipal Improvement District Iowa City, IA | $210,596 | $1,321,560 |