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Boone Valley Elec Co Op

  • Renwick, IA
  • Tax-exempt since April 1937
  • EIN: 42-0147800

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$228k (2023)

Expenses
$155k (2023)

Total Assets
$1.35M (2023)

Total Liabilities
$67.4k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$228,181
Expenses
$154,836
Net Income
$73,345
Net Assets
$1,287,326
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $93,004
40.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $126,057
55.2%
Other Revenue $9,120
4.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $16,827
10.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,354,682
Total Liabilities $67,356
Net Assets $1,287,326
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Curtis Meinke (Director) $12,840 $0 $0
Doug Martin (Secretary) $1,870 $0 $0
Dave Odland (President) $800 $0 $0
Tom Huntley (Director) $725 $0 $0
Travis Tate (Director) $591 $0 $0
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Document Links

990
Filed on March 19, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$373,304
Expenses
$158,198
Net Income
$215,106
Net Assets
$1,393,280
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $198,129
53.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $171,492
45.9%
Other Revenue $3,683
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $17,801
11.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,468,952
Total Liabilities $75,672
Net Assets $1,393,280
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Curtis Meinke (Director) $13,015 $0 $0
Doug Martin (Secretary) $1,954 $0 $0
Dave Odland (President) $1,147 $0 $0
Travis Tate (Director) $862 $0 $0
Tom Huntley (Director) $823 $0 $0
+ View more people

Document Links

990
Filed on March 27, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$235,699
Expenses
$157,710
Net Income
$77,989
Net Assets
$1,222,277
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $60,102
25.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $159,677
67.7%
Other Revenue $15,920
6.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $16,452
10.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,283,872
Total Liabilities $61,595
Net Assets $1,222,277
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Curtis Meinke (Director) $12,680 $0 $0
Doug Martin (Secretary) $1,875 $0 $0
Travis Tate (Director) $681 $0 $0
Tom Huntley (Director) $648 $0 $0
Dave Odland (President) $568 $0 $0
+ View more people

Document Links

990
Filed on March 21, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$228,288
Expenses
$105,659
Net Income
$122,629
Net Assets
$1,207,037
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $72,237
31.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $148,716
65.1%
Other Revenue $7,335
3.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $14,692
13.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,285,422
Total Liabilities $78,385
Net Assets $1,207,037
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0
Compensation
Key Employees and Officers Compensation Related Other
Curtis Meinke (Director) $12,300 $0 $0
Doug Martin (Secretary) $1,515 $0 $0
Tom Huntley (Director) $310 $0 $0
Dave Odland (President) $309 $0 $0
Travis Tate (Director) $258 $0 $0
+ View more people

Document Links

990
Filed on March 22, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$206,315
Expenses
$137,064
Net Income
$69,251
Net Assets
$1,037,439
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $70,085
34.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $136,230
66.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $15,509
11.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,134,701
Total Liabilities $97,262
Net Assets $1,037,439
Club or Co-Op Income
Income From Members $935,696
Income From Other Sources $72,730
Compensation
Key Employees and Officers Compensation Related Other
Curtis Meinke (Director) $12,512 $0 $0
Doug Martin (Secretary) $1,660 $0 $0
Dave Odland (President) $488 $0 $0
Travis Tate (Director) $465 $0 $0
Tom Huntley (Director) $384 $0 $0
+ View more people

Document Links

990
Filed on March 25, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$276,688
Expenses
$135,071
Net Income
$141,617
Net Assets
$978,723
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $140,893
50.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $135,795
49.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $16,068
11.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,054,987
Total Liabilities $76,264
Net Assets $978,723
Club or Co-Op Income
Income From Members $958,946
Income From Other Sources $140,041
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Curtis Meinke (Director) $12,500 $0 $0
Doug Martin (Secretary) $1,775 $0 $0
Dave Odland (President) $664 $0 $0
Travis Tate (Director) $581 $0 $0
Tom Huntley (Director) $548 $0 $0
+ View more people

Document Links

990
Filed on March 18, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$160,753
Expenses
$105,727
Net Income
$55,026
Net Assets
$840,183
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $64,227
40.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $96,526
60.0%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $15,546
14.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $928,219
Total Liabilities $88,036
Net Assets $840,183
Club or Co-Op Income
Income From Members $894,441
Income From Other Sources $63,524
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Curtis Meinke (Director) $12,450 $0 $0
Doug Martin (Secretary) $1,680 $0 $0
Travis Tate (Director) $482 $0 $0
Dave Odland (President) $469 $0 $0
Tom Huntley (Director) $465 $0 $0
+ View more people

Document Links

990
Filed on April 13, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$211,355
Expenses
$124,781
Net Income
$86,574
Net Assets
$786,035
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $95,533
45.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $115,822
54.8%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $15,450
12.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $872,697
Total Liabilities $86,662
Net Assets $786,035
Club or Co-Op Income
Income From Members $827,842
Income From Other Sources $95,697
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Curtis Meinke (Director) $12,500 $0 $0
Doug Martin (Secretary) $1,600 $0 $0
Tom Huntley (Director) $450 $0 $0
Dave Odland (President) $450 $0 $0
Travis Tate (Director) $450 $0 $0
+ View more people

Document Links

990
Filed on March 18, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$158,476
Expenses
$120,104
Net Income
$38,372
Net Assets
$714,734
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $39,329
24.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $119,147
75.2%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $15,400
12.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $774,422
Total Liabilities $59,688
Net Assets $714,734
Club or Co-Op Income
Income From Members $784,867
Income From Other Sources $38,996

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$144,208
Expenses
$105,549
Net Income
$38,659
Net Assets
$687,521
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $41,513
28.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $102,695
71.2%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $15,750
14.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $762,486
Total Liabilities $74,965
Net Assets $687,521
Club or Co-Op Income
Income From Members $831,243
Income From Other Sources $43,759

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$148,797
Expenses
$106,759
Net Income
$42,038
Net Assets
$643,526
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $44,428
29.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $104,369
70.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $15,474
14.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $718,310
Total Liabilities $74,784
Net Assets $643,526
Club or Co-Op Income
Income From Members $842,084
Income From Other Sources $39,325

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$161,843
Expenses
$106,513
Net Income
$55,330
Net Assets
$628,820
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $50,825
31.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $111,018
68.6%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $15,600
14.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $692,839
Total Liabilities $64,019
Net Assets $628,820
Club or Co-Op Income
Income From Members $757,479
Income From Other Sources $49,352

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$194,501
Expenses
$120,039
Net Income
$74,462
Net Assets
$610,162
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $46,833
24.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $147,668
75.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $16,300
13.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $676,519
Total Liabilities $66,357
Net Assets $610,162
Club or Co-Op Income
Income From Members $701,470
Income From Other Sources $46,834

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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