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Sumner Cowley Electric Coop Inc

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.

Details

According to its Dec. 2022 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$13.4M (2022)

Expenses
$13.4M (2022)

Total Assets
$36.3M (2022)

Total Liabilities
$12.5M (2022)

Source: Form 990 tax filings from 2011 to 2022

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.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,376,007
Expenses
$13,376,007
Net Income
$0
Net Assets
$23,786,209
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,288,468
99.3%
Investment Income $40,492
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $15,898
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $31,149
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $547,654
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $205,832
1.5%
Assets/Debt
Total Assets $36,302,479
Total Liabilities $12,516,270
Net Assets $23,786,209
Club or Co-Op Income
Income From Members $13,576,172
Income From Other Sources $263,541
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Coni Adams (Ceo) $180,366 $0 $158,999
Richard Mitchell (Dir Of Opera) $122,599 $0 $83,233
Stacy Wiley (Director Of) $100,604 $0 $53,186
Keith Leddy (Director) $10,973 $0 $0
Jim Mcmullin (Director) $9,225 $0 $0
Gabe Schickau (Director) $8,917 $0 $0
Jeff Swanson (Executive Di) $7,571 $0 $0
John Schon (Director) $7,308 $0 $0
John Beard (Director) $4,800 $0 $0
Craig Knudsen (Director) $4,335 $0 $0
John Whittington (Director) $1,370 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,131,043
Expenses
$12,131,043
Net Income
$0
Net Assets
$23,415,653
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,046,567
99.3%
Investment Income $22,339
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $16,749
0.1%
Net Fundraising $0
Sales of Assets $200
0.0%
Net Inventory Sales $0
Other Revenue $45,188
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $497,415
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $193,701
1.6%
Assets/Debt
Total Assets $35,587,386
Total Liabilities $12,171,733
Net Assets $23,415,653
Club or Co-Op Income
Income From Members $12,561,287
Income From Other Sources $279,796
Compensation
Key Employees and Officers Compensation Related Other
Coni Adams (Ceo) $169,749 $0 $141,650
Richard Mitchell (Dir Of Opera) $119,333 $0 $74,368
Stacy Wiley (Director Of) $91,560 $0 $43,147
Jim Mcmullin (Director) $8,825 $0 $449
Jeff Swanson (Executive Di) $8,620 $0 $449
Keith Leddy (Director) $8,094 $0 $449
Gabe Schickau (Director) $6,702 $0 $449
John Schon (Director) $6,556 $0 $449
John Whittington (Director) $5,063 $0 $449
John Beard (Director) $4,306 $0 $449

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,793,193
Expenses
$11,788,469
Net Income
$4,724
Net Assets
$23,070,930
Notable Sources of Revenue Percent of Total Revenue
Contributions $188,349
1.6%
Program Services $11,517,814
97.7%
Investment Income $24,165
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $13,562
0.1%
Net Fundraising $0
Sales of Assets $13,000
0.1%
Net Inventory Sales $0
Other Revenue $36,303
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $269,626
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $294,527
2.5%
Assets/Debt
Total Assets $35,137,076
Total Liabilities $12,066,146
Net Assets $23,070,930
Club or Co-Op Income
Income From Members $11,718,901
Income From Other Sources $293,447
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Coni Adams (Ceo) $149,482 $0 $71,602
Richard Mitchell (Dir Of Opera) $111,119 $0 $61,429
Jeff Swanson (Executive Di) $9,881 $0 $0
Keith Leddy (Director) $9,288 $0 $0
John Schon (Director) $8,472 $0 $0
John Beard (Director) $5,923 $0 $0
Ronald Jeffries (Director) $5,197 $0 $0
John Whittington (Director) $4,889 $0 $0
Gabe Schickau (Director) $4,539 $0 $0
Jim Mcmullin (Director) $353 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,392,755
Expenses
$12,392,755
Net Income
$0
Net Assets
$22,328,806
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,309,362
99.3%
Investment Income $26,468
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $12,848
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $44,077
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $792,858
6.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $34,192,670
Total Liabilities $11,863,864
Net Assets $22,328,806
Club or Co-Op Income
Income From Members $12,360,675
Income From Other Sources $329,776
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Cletas Rains (Ceo) $199,421 $0 $91,987
Richard Mitchell (Operations Manager) $106,258 $0 $58,082
Coni Adams Assistant Ceo (Ceo) $105,289 $0 $61,230
Stacy Wiley (Finance Manager) $76,110 $0 $30,984
Ronald Jeffries (Director) $12,129 $0 $0
Keith Leddy (Director) $11,837 $0 $0
Jeff Swanson (Executive Dir.) $10,229 $0 $0
John Schon (Director) $9,312 $0 $0
John Beard (Director) $9,095 $0 $0
Gabe Schlickau (Director) $6,696 $0 $0
John Whittington (Director) $4,199 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,634,373
Expenses
$12,634,373
Net Income
$0
Net Assets
$21,297,580
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,560,535
99.4%
Investment Income $30,053
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $13,662
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $30,123
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $458,142
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $34,160,499
Total Liabilities $12,862,919
Net Assets $21,297,580
Club or Co-Op Income
Income From Members $12,734,659
Income From Other Sources $249,234
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Cletas Rains (Ceo) $192,941 $0 $99,590
Richard Mitchell (Manager Of Operations) $103,946 $0 $66,624
Stacy Wiley (Accountant) $69,595 $0 $35,887
Keith Leddy (Director) $10,451 $0 $0
John Schon (Director) $9,670 $0 $0
Ronald Jeffries (Director) $9,286 $0 $0
Jeff Swanson (Director) $9,023 $0 $0
John Beard (Director) $8,176 $0 $0
Gabe Schlickau (Director) $5,881 $0 $0
John Whittington (Director) $5,093 $0 $0
Max Lowrey (Director) $2,549 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,977,296
Expenses
$11,977,296
Net Income
$0
Net Assets
$20,523,324
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,837,856
98.8%
Investment Income $25,420
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $13,441
0.1%
Net Fundraising $0
Sales of Assets $15,000
0.1%
Net Inventory Sales $0
Other Revenue $85,579
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $420,104
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $32,588,468
Total Liabilities $12,065,144
Net Assets $20,523,324
Club or Co-Op Income
Income From Members $11,671,137
Income From Other Sources $306,159
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Cletas Rains (Ceo) $185,957 $0 $86,996
Stacy Wiley (Accountant) $65,378 $0 $23,227
Keith Leddy (Director) $9,456 $0 $0
Ronald Jeffries (Director) $9,345 $0 $0
Jeff Swanson (Director) $8,481 $0 $0
Max Lowrey (Director) $8,455 $0 $0
John Schon (Director) $7,057 $0 $0
John Whittington (Director) $6,323 $0 $0
John Beard (Director) $5,836 $0 $0
Edmond Gardiner (Director) $1,970 $0 $0
Charles Riggs (Director) $1,622 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,633,277
Expenses
$12,015,887
Net Income
-$382,610
Net Assets
$19,359,350
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,598,810
99.7%
Investment Income $23,149
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $11,318
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $308,296
2.6%
Professional Fundraising Fees $0
Other Salaries and Wages $478,001
4.0%
Assets/Debt
Total Assets $32,173,000
Total Liabilities $12,813,650
Net Assets $19,359,350
Club or Co-Op Income
Income From Members $11,739,427
Income From Other Sources $268,631
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Cletas Rains (Ceo) $180,465 $0 $80,236
Stacy Wiley (Accountant) $35,245 $0 $8,920
Stacy White (Accountant) $31,442 $0 $8,936
Ronald Jeffries (Director) $9,308 $0 $6
Charles Riggs (Director) $8,182 $0 $2
Max Lowrey (Director) $8,095 $0 $6
Jeff Swanson (Director) $7,758 $0 $6
John Schon (Director) $7,726 $0 $6
Keith Leddy (Director) $7,229 $0 $6
Edmond Gardiner (Director) $6,054 $0 $3
John Whittington (Director) $3,836 $0 $4
Gene Beard (Director) $2,955 $0 $2

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,763,227
Expenses
$12,375,126
Net Income
$388,101
Net Assets
$19,441,576
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,760,652
100.0%
Investment Income $23,058
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $10,029
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$30,512
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $289,520
2.3%
Professional Fundraising Fees $0
Other Salaries and Wages $462,815
3.7%
Assets/Debt
Total Assets $31,226,288
Total Liabilities $11,784,712
Net Assets $19,441,576
Club or Co-Op Income
Income From Members $12,904,884
Income From Other Sources $308,318

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,349,806
Expenses
$13,349,806
Net Income
$0
Net Assets
$18,837,930
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,085,082
98.0%
Investment Income $22,751
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $24,948
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $217,025
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $594,276
4.5%
Assets/Debt
Total Assets $31,821,941
Total Liabilities $12,984,011
Net Assets $18,837,930
Club or Co-Op Income
Income From Members $13,555,916
Income From Other Sources $357,007
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Cletas Rains (General Mgr) $161,372 $0 $64,795
Nicholas Ruyle (Cfo) $34,299 $0 $8,347
Stacy White (Cfo) $23,210 $0 $7,115
Keith Leddy (Director) $8,916 $0 $0
Jeff Swanson (Director) $8,802 $0 $0
Max Lowrey (Director) $7,538 $0 $0
John Schon (Director) $6,747 $0 $0
Ronald E Jeffries (Director) $6,736 $0 $0
John Whittington (Director) $5,758 $0 $0
Charles Riggs (Director) $5,428 $0 $0
Edmond Gardner (Director) $4,932 $0 $0
Gene Beard (Director) $4,465 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,535,446
Expenses
$12,535,450
Net Income
-$4
Net Assets
$17,888,990
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,332,771
98.4%
Investment Income $23,725
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $178,950
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $257,493
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $324,065
2.6%
Assets/Debt
Total Assets $30,426,287
Total Liabilities $12,537,297
Net Assets $17,888,990
Club or Co-Op Income
Income From Members $13,578,668
Income From Other Sources $282,367
Compensation
Key Employees and Officers Compensation Related Other
Cletas Rains (General Mgr) $147,650 $0 $55,204
Nicholas Ruyle (Cfo) $57,315 $0 $14,503
Keith Leddy (Director) $9,147 $0 $0
Ronald E Jeffries (Director) $7,769 $0 $0
Max Lowrey (Director) $7,102 $0 $0
Edmond Gardner (Director) $5,713 $0 $0
Charles Riggs (Director) $4,545 $0 $0
John Whittington (Director) $4,487 $0 $0
John Schon (Director) $4,487 $0 $0
Jeff Swanson (Director) $4,241 $0 $0
Gene Beard (Director) $3,937 $0 $0
Eddie Crittenden (Director) $550 $0 $0
Ken Adamek (Director) $550 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,215,311
Expenses
$12,215,311
Net Income
$0
Net Assets
$17,205,821
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,625,970
95.2%
Investment Income $24,173
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $565,168
4.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $223,382
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $300,975
2.5%
Assets/Debt
Total Assets $29,770,366
Total Liabilities $12,564,545
Net Assets $17,205,821
Club or Co-Op Income
Income From Members $0
Income From Other Sources $0

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,308,503
Expenses
$12,308,503
Net Income
$0
Net Assets
$16,160,372
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,738,199
95.4%
Investment Income $20,751
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $24,391
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $525,162
4.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $221,747
1.8%
Professional Fundraising Fees $0
Other Salaries and Wages $262,663
2.1%
Assets/Debt
Total Assets $28,075,098
Total Liabilities $11,914,726
Net Assets $16,160,372
Club or Co-Op Income
Income From Members $11,931,616
Income From Other Sources $763,111

Document Links

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

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

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

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

Fiscal Year Ending Dec.
2006

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

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

Fiscal Year Ending Dec.
2004

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

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.

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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 »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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