{"success":true,"data":{"_id":850092760,"filings":[{"Organization":{"value":null,"Person":["ROBERT EMERY","JOEL GILBERT","BOB WEESE","EUGENE PODZEMNY","HARRY HOPSON","RENEE RINESTINE","RALPH STEVENSON","ROY PERSCHBACHER","RON GREEN","STERLIN SHIELDS","GARY RINKER"],"Title":["PRESIDENT","VICE PRESIDENT","SECRETARY/TREASURER","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE (JAN-JULY)","TRUSTEE","TRUSTEE","TRUSTEE","GENERAL MANAGER"],"Hours":[1.0,1.0,2.0,1.0,2.0,1.5,1.0,1.0,1.0,1.0,40.0],"Total Compensation":[2430,3128,3613,2624,2932,3442,1685,1173,2240,2647,156074],"Direct compensation":[2430,3128,3613,2624,2932,3442,1685,1173,2240,2647,96483],"Other compensation":[0,0,0,0,0,0,0,0,0,0,59591]},"Basic":{"value":null,"mission":"To provide electric power to rural areas at cost on a cooperative basis.","year":2016,"name":"SOUTHWESTERN ELECTRIC COOPERATIVE INC","phone":5753742451,"website":"WWW.SWEC-COOP.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"GARY RINKER","year_formation":1947,"state_legal_domicile":"NM","total_volunteers":0,"tax_period_begin":"2016-01-01T00:00:00","tax_period_end":"2016-12-31T00:00:00","address":"PO BOX 369, CLAYTON, NM, 884150369, USA","city":"CLAYTON","state":"NM","country":"USA","zip_code":884150369},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":9,"Number of employees total":22,"Total Gross UBI":243,"Net unrelated business taxable income":0,"Number of employees":22,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":36544546,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":36457979,"Total revenue":{"value":36457979,"SALES OF ELECTRICITY":35525977,"PATRONAGE DIVIDENDS":932002},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":82608,"Investment income total":83133,"Net investment gain":-525,"Income from invest bond proceeds":0},"Other revenues":{"value":3959,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":3959,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":36872230,"Grant expense":{"value":1250,"Grants to domestic orgs":1250,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":898989,"Benefits paid to members Total":898989},"Salaries":{"value":1347687,"Current officers":181988,"Disqualified persons":0,"Other salaries and wages":817033,"Pension plan contributions":93297,"Other employee benefits":154132,"Payroll taxes":101237},"Other expenses":{"value":34624304,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":901749,"Payments to affiliates":0,"Depreciation and depletion":981515,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":32716160,"PURCHASED POWER":31350652,"DISTRIBUTION EXPENSE":650739,"ADMIN & GENERAL EXPENSE":607276,"CONSUMER EXPENSE":107493},"All other expenses":24880},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":49935916,"Non-interest bearing cash":1939952,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":2736484,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":78046,"Inventories for sale or use":30679,"Prepaid expenses deferred charges":166152,"Land, building, equipment":24914410,"Investments publicly traded":0,"Investments other":0,"Investments program related":20069832,"Intangible assets":0,"Other assets":361},"Liabilities":{"value":24536595,"Sum of Total Liabilities":0,"Accounts payable, accrued":2681518,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":21434143,"Unsecured notes loans payable":0,"Other liabilities":420934},"Fund balance":{"value":25399321,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.008966700530360947,"percentile":0.36277551476263276},"Liabilities to Assets Ratio":{"score":0.4913616684231846,"percentile":0.13780084820060534},"Operating Reserve Ratio":{"score":1.3542960650874656,"percentile":0.5096798692226903},"Officer Compensation Ratio":{"score":0.004935638555086036,"percentile":0.9814680688648417},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.03341171039591049,"percentile":0.25817734278389554},"Asset Growth":{"score":0.04929290056462843,"percentile":0.524043919147186},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5159815528557341,"percentile":0.36278961031584983}},"source_xml":"201743189349309879_public.xml"},{"Organization":{"value":null,"Person":["ROBERT EMERY","JOEL GILBERT","BOB WEESE","HARRY HOPSON","STERLIN SHIELDS","RON GREEN","JOE REESER","ROY PERSCHBACHER","EUGENE PODZEMY","RENEE RINESTINE","GARY RINKER"],"Title":["PRESIDENT","VICE PRESIDENT","SECRETARY/TREASURER","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE (JAN-AUG)","TRUSTEE","GENERAL MANAGER"],"Hours":[2.0,6.0,2.0,2.0,1.0,2.0,8.0,2.0,2.0,1.3,40.0],"Total Compensation":[2430,2361,3633,2835,2880,2693,1250,2342,1529,3427,151952],"Direct compensation":[2430,2361,3633,2835,2880,2693,1250,2342,1529,3427,98033],"Other compensation":[0,0,0,0,0,0,0,0,0,0,53919]},"Basic":{"value":null,"mission":"To provide electric power to rural areas at cost on a cooperative basis.","year":2017,"name":"SOUTHWESTERN ELECTRIC COOPERATIVE INC","phone":5753742451,"website":"WWW.SWEC-COOP.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TRAVIS SULLIVAN","year_formation":1947,"state_legal_domicile":"NM","total_volunteers":0,"tax_period_begin":"2017-01-01T00:00:00","tax_period_end":"2017-12-31T00:00:00","address":"PO BOX 369, CLAYTON, NM, 884150369, USA","city":"CLAYTON","state":"NM","country":"USA","zip_code":884150369},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":22,"Total Gross UBI":-563,"Net unrelated business taxable income":0,"Number of employees":22,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":37363705,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":37337470,"Total revenue":{"value":37337470,"SALES OF ELECTRICITY":35666954,"PATRONAGE DIVIDENDS":1670516},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":44685,"Investment income total":36185,"Net investment gain":8500,"Income from invest bond proceeds":0},"Other revenues":{"value":-18450,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":-18450,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":37363705,"Grant expense":{"value":1750,"Grants to domestic orgs":1750,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":394234,"Benefits paid to members Total":394234},"Salaries":{"value":1680119,"Current officers":177332,"Disqualified persons":0,"Other salaries and wages":868826,"Pension plan contributions":128652,"Other employee benefits":395766,"Payroll taxes":109543},"Other expenses":{"value":35287602,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":914857,"Payments to affiliates":0,"Depreciation and depletion":985816,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":33364510,"PURCHASED POWER":31803562,"ADMIN & GENERAL EXPENSE":798874,"DISTRIBUTION EXPENSE":631349,"CONSUMER EXPENSE":130725},"All other expenses":22419},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":51561627,"Non-interest bearing cash":2086779,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":2671983,"Receivables from officers":4524,"Receivables from disqual persons":0,"Other net note and loans":119860,"Inventories for sale or use":31446,"Prepaid expenses deferred charges":117992,"Land, building, equipment":24756893,"Investments publicly traded":0,"Investments other":0,"Investments program related":21730595,"Intangible assets":0,"Other assets":41555},"Liabilities":{"value":25768072,"Sum of Total Liabilities":0,"Accounts payable, accrued":2674100,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":22802125,"Unsecured notes loans payable":0,"Other liabilities":291847},"Fund balance":{"value":25793555,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.0,"percentile":0.39405288179642484},"Liabilities to Assets Ratio":{"score":0.49975288793738026,"percentile":0.13559513333431655},"Operating Reserve Ratio":{"score":1.3799923481892387,"percentile":0.5149653645858069},"Officer Compensation Ratio":{"score":0.004746103203630368,"percentile":0.9821874662706155},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.02192071056041784,"percentile":0.2905090385909155},"Asset Growth":{"score":0.044632478878546294,"percentile":0.5057912817190181},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.4576483924623481,"percentile":0.22657984398395084}},"source_xml":"201803189349301900_public.xml"},{"Organization":{"value":null,"Person":["TRAVIS SULLIVAN","JOE REESER","JOEL GILBERT","RON GREEN","ROY PERSCHBACHER","MIKAEL NIXON","RENEE RINESTINE","JACK CHATFIELD"],"Title":["GENERAL MANA","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR"],"Hours":[65.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0],"Total Compensation":[211015,7000,4250,3250,3000,2750,2750,2000],"Direct compensation":[120918,7000,4250,3250,3000,2750,2750,2000],"Other compensation":[90097,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To provide electric power to rural areas at cost on a cooperative basis.","year":2021,"name":"SOUTHWESTERN ELECTRIC COOPERATIVE INC","phone":5753742451,"website":"WWW.SWEC-COOP.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TRAVIS SULLIVAN","year_formation":1947,"state_legal_domicile":"NM","total_volunteers":null,"tax_period_begin":"2021-01-01T00:00:00","tax_period_end":"2021-12-31T00:00:00","address":"PO BOX 369, CLAYTON, NM, 884150369, USA","city":"CLAYTON","state":"NM","country":"USA","zip_code":884150369},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":21,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":21,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":26888635,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":26846058,"Total revenue":{"value":26846058,"ELECTRIC SALES":26293166,"CAPTIAL CREDITS":544928,"MISCELLANEOUS ELECTRIC":7964},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":27205,"Investment income total":15705,"Net investment gain":11500,"Income from invest bond proceeds":0},"Other revenues":{"value":15372,"Other total":15355,"Royalties revenue":0,"Net rental income":17,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":26888635,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":814669,"Benefits paid to members Total":814669},"Salaries":{"value":236015,"Current officers":236015,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":25837951,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":845377,"Payments to affiliates":0,"Depreciation and depletion":1102265,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":23867791,"COST OF POWER":21774365,"DISTRIBUTION EXPENSE":1075449,"ADMIN & GENERAL EXPENSE":653445,"CONSUMER EXPENSE":364532},"All other expenses":22518},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":54994571,"Non-interest bearing cash":4880450,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":2072140,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":26009,"Inventories for sale or use":20482,"Prepaid expenses deferred charges":134523,"Land, building, equipment":22872256,"Investments publicly traded":0,"Investments other":0,"Investments program related":24988711,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":25031990,"Sum of Total Liabilities":0,"Accounts payable, accrued":1897724,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":22808151,"Unsecured notes loans payable":0,"Other liabilities":326115},"Fund balance":{"value":29962581,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.0,"percentile":0.39405288179642484},"Liabilities to Assets Ratio":{"score":0.45517202052544425,"percentile":0.14782570755760505},"Operating Reserve Ratio":{"score":2.045271952257896,"percentile":0.6219177290436899},"Officer Compensation Ratio":{"score":0.008777500233834853,"percentile":0.9657746562105778},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.04418888463139701,"percentile":0.2322994436218084},"Asset Growth":{"score":0.02775110048430705,"percentile":0.4365967286891122},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5204534015124653,"percentile":0.3746746999179863}},"source_xml":"202242739349301174_public.xml"},{"Organization":{"value":null,"Person":["Travis Sullivan","Joe Reeser","Joel Gilbert","Ron Green","Chad Deason","Roy Perschbacher","Mikael Nixon","Jack Chetfield"],"Title":["General Manager","Director","Director","Director","Director","Director","Director","Director"],"Hours":[50.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0],"Total Compensation":[295934,11632,4000,3991,2750,2500,2250,2250],"Direct compensation":[191568,11632,4000,3991,2750,2500,2250,2250],"Other compensation":[104366,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To provide electric power to rural areas at cost on a cooperative basis.","year":2024,"name":"Southwestern Electric Cooperative Inc","phone":5753742451,"website":"www.swec-coop.org","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Travis Sullivan","year_formation":1947,"state_legal_domicile":"NM","total_volunteers":null,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"PO Box 369, Clayton, NM, 884150369, USA","city":"Clayton","state":"NM","country":"USA","zip_code":884150369},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":24,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":24,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":26682791,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":26395440,"Total revenue":{"value":26395440,"Electric Sales":25044296,"Capital Credits":1317110,"Other Operating":34034},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":186334,"Investment income total":186334,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":101017,"Other total":101017,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":26682791,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":1729345,"Benefits paid to members Total":1729345},"Salaries":{"value":325307,"Current officers":325307,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":24628139,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":798986,"Payments to affiliates":0,"Depreciation and depletion":1203327,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":22625826,"Cost of Power":20540146,"Distribution Expense":1004359,"Admin & General Expense":733205,"Consumer Expense":348116},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":57656627,"Non-interest bearing cash":1782215,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":1895922,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":10148,"Inventories for sale or use":343194,"Prepaid expenses deferred charges":442536,"Land, building, equipment":26716093,"Investments publicly traded":0,"Investments other":0,"Investments program related":26466519,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":25441815,"Sum of Total Liabilities":0,"Accounts payable, accrued":1930029,"Grants payable":0,"Deferred, revenue":86768,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":21855018,"Unsecured notes loans payable":1570000,"Other liabilities":0},"Fund balance":{"value":32214812,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.0,"percentile":0.39405288179642484},"Liabilities to Assets Ratio":{"score":0.44126436671364766,"percentile":0.15187805313708042},"Operating Reserve Ratio":{"score":2.1608169475224686,"percentile":0.6359281112811597},"Officer Compensation Ratio":{"score":0.012191640672072124,"percentile":0.9507776866660448},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.04478854820645043,"percentile":0.23096008204149612},"Asset Growth":{"score":0.02204570926934721,"percentile":0.41252631540582146},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5190066744162541,"percentile":0.370863191879502}},"source_xml":"202523219349315252_public.xml"},{"Organization":{"value":null,"Person":["ROBERT EMERY","JOHN VINCENT","BOB WEESE","LARRY HARKINS","RENEE RINESTINE","STERLIN SHIELDS","WILBERT STEVENSON","EUGENE PODZEMNY","HARRY HOPSON","RALPH STEVENSON","JOEL GILBERT","GARY RINKER"],"Title":["PRESIDENT","VICE PRESIDENT","SECRETARY/TREASURER","TRUSTEE (1/2014 - 10/2014)","TRUSTEE","TRUSTEE","TRUSTEE (1/2014 - 8/2014)","TRUSTEE","TRUSTEE","TRUSTEE (8/2014 - 12/2014)","TRUSTEE (10/2014 - 12/2014)","GENERAL MANAGER"],"Hours":[2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,40.0],"Total Compensation":[2324,4945,3117,1863,3186,2177,1701,2250,2874,969,691,230922],"Direct compensation":[2324,4945,3117,1863,3186,2177,1701,2250,2874,969,691,97223],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,133699]},"Basic":{"value":null,"mission":"To provide electric power to rural areas at cost on a cooperative basis.","year":2014,"name":"SOUTHWESTERN ELECTRIC COOPERATIVE INC","phone":5753742451,"website":"WWW.SWEC-COOP.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"GARY RINKER","year_formation":1947,"state_legal_domicile":"NM","total_volunteers":0,"tax_period_begin":"2014-01-01T00:00:00","tax_period_end":"2014-12-31T00:00:00","address":"PO BOX 369, CLAYTON, NM, 884150369, USA","city":"CLAYTON","state":"NM","country":"USA","zip_code":884150369},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":9,"Number of employees total":25,"Total Gross UBI":183,"Net unrelated business taxable income":0,"Number of employees":25,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":39287631,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":39150442,"Total revenue":{"value":39150442,"ELECTRIC SALES":37172824,"PATRONAGE DIVIDENDS":1977618},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":131097,"Investment income total":131097,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":6092,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":6092,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":39512983,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":1947393,"Benefits paid to members Total":1947393},"Salaries":{"value":1273456,"Current officers":257019,"Disqualified persons":0,"Other salaries and wages":669475,"Pension plan contributions":0,"Other employee benefits":285596,"Payroll taxes":61366},"Other expenses":{"value":36292134,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":864078,"Payments to affiliates":0,"Depreciation and depletion":931420,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":34475632,"PURCHASED POWER":33213359,"DISTRIBUTION EXPENSE":585873,"ADMIN & GENERAL EXPENSE":535087,"CUSTOMER ACCOUNTS":141313},"All other expenses":21004},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":45117858,"Non-interest bearing cash":531884,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":2856285,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":136218,"Inventories for sale or use":74355,"Prepaid expenses deferred charges":234342,"Land, building, equipment":23517531,"Investments publicly traded":0,"Investments other":0,"Investments program related":17617509,"Intangible assets":0,"Other assets":149734},"Liabilities":{"value":21547008,"Sum of Total Liabilities":0,"Accounts payable, accrued":2644532,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":18380646,"Unsecured notes loans payable":0,"Other liabilities":521830},"Fund balance":{"value":23570850,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.005735952875346442,"percentile":0.37068636444324154},"Liabilities to Assets Ratio":{"score":0.4775716081202259,"percentile":0.14151930492123502},"Operating Reserve Ratio":{"score":1.1418489462058585,"percentile":0.4613244779628552},"Officer Compensation Ratio":{"score":0.006504672147886177,"percentile":0.9752381752409102},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5441375297738072,"percentile":0.4402528766296502}},"source_xml":"201533209349313873_public.xml"},{"Organization":{"value":null,"Person":["TRAVIS SULLIVAN","JOE REESER","JOEL GILBERT","RON GREEN","ROY PERSCHBACHER","MIKAEL NIXON","JACK CHATFIELD","RENEE RINESTINE"],"Title":["GENERAL MANA","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR"],"Hours":[65.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0],"Total Compensation":[241548,11327,4250,4153,3750,3250,2750,2750],"Direct compensation":[141048,11327,4250,4153,3750,3250,2750,2750],"Other compensation":[100500,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To provide electric power to rural areas at cost on a cooperative basis.","year":2022,"name":"SOUTHWESTERN ELECTRIC COOPERATIVE INC","phone":5753742451,"website":"WWW.SWEC-COOP.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TRAVIS SULLIVAN","year_formation":1947,"state_legal_domicile":"NM","total_volunteers":null,"tax_period_begin":"2022-01-01T00:00:00","tax_period_end":"2022-12-31T00:00:00","address":"PO BOX 369, CLAYTON, NM, 884150369, USA","city":"CLAYTON","state":"NM","country":"USA","zip_code":884150369},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":21,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":21,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":26872770,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":26777115,"Total revenue":{"value":26777115,"ELECTRIC SALES":26719158,"MISCELLANEOUS ELECTRIC":54199,"CAPTIAL CREDITS":3758},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":43348,"Investment income total":43348,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":52307,"Other total":16755,"Royalties revenue":0,"Net rental income":35552,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":26872770,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":546197,"Benefits paid to members Total":546197},"Salaries":{"value":273778,"Current officers":273778,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":26052795,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":808973,"Payments to affiliates":0,"Depreciation and depletion":1133462,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":24083202,"COST OF POWER":21822876,"DISTRIBUTION EXPENSE":1037775,"ADMIN & GENERAL EXPENSE":830048,"CONSUMER EXPENSE":392503},"All other expenses":27158},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":54622985,"Non-interest bearing cash":2163762,"Savings and temp cash investments":2350000,"Pledges and grants receivable":0,"Accounts receivable":1935375,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":13312,"Inventories for sale or use":20091,"Prepaid expenses deferred charges":213724,"Land, building, equipment":22945169,"Investments publicly traded":0,"Investments other":0,"Investments program related":24981552,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":24182068,"Sum of Total Liabilities":0,"Accounts payable, accrued":1875954,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":22088477,"Unsecured notes loans payable":0,"Other liabilities":217637},"Fund balance":{"value":30440917,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.0,"percentile":0.39405288179642484},"Liabilities to Assets Ratio":{"score":0.4427086509461173,"percentile":0.15145301057137192},"Operating Reserve Ratio":{"score":2.0326518256212514,"percentile":0.6202866503147875},"Officer Compensation Ratio":{"score":0.010187933733664226,"percentile":0.9596741857451868},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.04612692046633988,"percentile":0.2280985405046291},"Asset Growth":{"score":0.02474319157424369,"percentile":0.4239030937020495},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5189834436277729,"percentile":0.37068240572772126}},"source_xml":"202302829349300435_public.xml"},{"Organization":{"value":null,"Person":["TRAVIS SULLIVAN","JOE REESER","JACK CHATFIELD","RENEE RINESTINE","ROY PERSCHBACHER","JOEL GILBERT","ROBERT EMERY","RON GREEN","MIKAEL NIXON","BOB WEESE"],"Title":["GENERAL MANAGER","VICE PRESIDENT","SECRETARY/TREASURER","TRUSTEE","TRUSTEE","PRESIDENT","TRUSTEE (JAN-AUG)","TRUSTEE","TRUSTEE","TRUSTEE (JAN-JULY)"],"Hours":[45.0,6.0,2.0,2.5,3.0,3.6,2.0,2.7,1.5,2.0],"Total Compensation":[168919,9160,4500,4125,3875,3781,2968,2750,1750,1250],"Direct compensation":[113566,9160,4500,4125,3875,3781,2968,2750,1750,1250],"Other compensation":[55353,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To provide electric power to rural areas at cost on a cooperative basis.","year":2019,"name":"SOUTHWESTERN ELECTRIC COOPERATIVE INC","phone":5753742451,"website":"WWW.SWEC-COOP.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TRAVIS SULLIVAN","year_formation":1947,"state_legal_domicile":"NM","total_volunteers":0,"tax_period_begin":"2019-01-01T00:00:00","tax_period_end":"2019-12-31T00:00:00","address":"PO BOX 369, CLAYTON, NM, 884150369, USA","city":"CLAYTON","state":"NM","country":"USA","zip_code":884150369},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":17,"Total Gross UBI":8,"Net unrelated business taxable income":0,"Number of employees":17,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":34201485,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":34127723,"Total revenue":{"value":34127723,"SALES OF ELECTRICITY":33014887,"PATRONAGE DIVIDENDS":1112836},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":73498,"Investment income total":69198,"Net investment gain":4300,"Income from invest bond proceeds":0},"Other revenues":{"value":264,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":264,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":34354271,"Grant expense":{"value":950,"Grants to domestic orgs":950,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":1089117,"Benefits paid to members Total":1089117},"Salaries":{"value":1425060,"Current officers":203078,"Disqualified persons":0,"Other salaries and wages":749951,"Pension plan contributions":104140,"Other employee benefits":302813,"Payroll taxes":65078},"Other expenses":{"value":31839144,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":843795,"Payments to affiliates":0,"Depreciation and depletion":1163805,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":29809442,"PURCHASED POWER":28658699,"DISTRIBUTION EXPENSE":553158,"ADMIN & GENERAL EXPENSE":514133,"CONSUMER EXPENSE":83452},"All other expenses":22102},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":52742042,"Non-interest bearing cash":2013175,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":2678534,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":55812,"Inventories for sale or use":20326,"Prepaid expenses deferred charges":110955,"Land, building, equipment":23800029,"Investments publicly traded":0,"Investments other":0,"Investments program related":23941419,"Intangible assets":0,"Other assets":121792},"Liabilities":{"value":24294503,"Sum of Total Liabilities":0,"Accounts payable, accrued":2412463,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":21624533,"Unsecured notes loans payable":0,"Other liabilities":257507},"Fund balance":{"value":28447539,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.004467232928628684,"percentile":0.3738822123884607},"Liabilities to Assets Ratio":{"score":0.4606287902163515,"percentile":0.14626196059537913},"Operating Reserve Ratio":{"score":1.535239737731591,"percentile":0.5448104070542791},"Officer Compensation Ratio":{"score":0.005911288293673878,"percentile":0.9776195613580543},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.021198003892032462,"percentile":0.2927263763242084},"Asset Growth":{"score":0.03333628799329938,"percentile":0.4599098862938965},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.519994531381251,"percentile":0.3734533934700602}},"source_xml":"202043219349319084_public.xml"},{"Organization":{"value":null,"Person":["ROBERT EMERY","JOEL GILBERT","BOB WEESE","EUGENE PODZEMNY","HARRY HOPSON","RENEE RHINESTINE","JOHN VINCENT","RALPH STEVENSON JAN - JULY","STELIN SHIELDS","RON GREEN JULY - DEC","GARY RINKER"],"Title":["PRESIDENT","VICE PRESIDENT","SECRETARY/TREASURER","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","GENERAL MANAGER"],"Hours":[2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,40.0],"Total Compensation":[2444,2542,3864,2637,3476,3504,1440,2673,2673,755,182737],"Direct compensation":[2444,2542,3864,2637,3476,3504,1440,2673,2673,755,101077],"Other compensation":[0,0,0,0,0,0,0,0,0,0,81660]},"Basic":{"value":null,"mission":"To provide electric power to rural areas at cost on a cooperative basis.","year":2015,"name":"SOUTHWESTERN ELECTRIC COOPERATIVE INC","phone":5753742451,"website":"WWW.SWEC-COOP.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"GARY RINKER","year_formation":1947,"state_legal_domicile":"NM","total_volunteers":0,"tax_period_begin":"2015-01-01T00:00:00","tax_period_end":"2015-12-31T00:00:00","address":"PO BOX 369, CLAYTON, NM, 884150369, USA","city":"CLAYTON","state":"NM","country":"USA","zip_code":884150369},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":9,"Number of employees total":23,"Total Gross UBI":-434,"Net unrelated business taxable income":0,"Number of employees":23,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":37362686,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":37195492,"Total revenue":{"value":37195492,"ELECTRIC SALES":35648619,"PATRONAGE DIVIDENDS":1546873},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":181651,"Investment income total":134614,"Net investment gain":47037,"Income from invest bond proceeds":0},"Other revenues":{"value":-14457,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":-14457,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":37615797,"Grant expense":{"value":1020,"Grants to domestic orgs":1020,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":1514175,"Benefits paid to members Total":1514175},"Salaries":{"value":1459283,"Current officers":208745,"Disqualified persons":0,"Other salaries and wages":781723,"Pension plan contributions":76201,"Other employee benefits":318829,"Payroll taxes":73785},"Other expenses":{"value":34641319,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":898719,"Payments to affiliates":0,"Depreciation and depletion":960022,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":32764216,"PURCHASED POWER":31621796,"ADMIN & GENERAL EXPENSE":539383,"DISTRIBUTION EXPENSE":520963,"CUSTOMER ACCOUNTS":82074},"All other expenses":18362},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":48326745,"Non-interest bearing cash":1820554,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":2660742,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":133937,"Inventories for sale or use":28135,"Prepaid expenses deferred charges":191175,"Land, building, equipment":24149963,"Investments publicly traded":0,"Investments other":0,"Investments program related":19147830,"Intangible assets":0,"Other assets":194409},"Liabilities":{"value":23498729,"Sum of Total Liabilities":0,"Accounts payable, accrued":2609017,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":20630676,"Unsecured notes loans payable":0,"Other liabilities":259036},"Fund balance":{"value":24828016,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.006774432651870907,"percentile":0.3680770639367279},"Liabilities to Assets Ratio":{"score":0.4862468804799496,"percentile":0.13915197146008165},"Operating Reserve Ratio":{"score":1.2847460071097256,"percentile":0.4947742226104171},"Officer Compensation Ratio":{"score":0.005549397238612278,"percentile":0.9790524954982718},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.0360858745025635,"percentile":0.2513951449822515},"Asset Growth":{"score":0.054733978666391105,"percentile":0.5446473854773445},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5165869591463871,"percentile":0.3643714891439316}},"source_xml":"201613199349310526_public.xml"},{"Organization":{"value":null,"Person":["ROBERT EMERY","JOEL GILBERT","BOB WEESE","HARRY HOPSON","STERLIN SHIELDS","RON GREEN","JOE REESER","ROY PERSCHBACHER","RENEE RINESTINE","TRAVIS SULLIVAN"],"Title":["PRESIDENT","VICE PRESIDENT","SECRETARY/TREASURER","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","GENERAL MANAGER"],"Hours":[2.0,4.0,2.0,2.0,2.0,2.0,4.5,3.0,2.5,42.0],"Total Compensation":[4918,9153,6252,4500,5016,5735,12167,5278,6195,150300],"Direct compensation":[4918,9153,6252,4500,5016,5735,12167,5278,6195,107849],"Other compensation":[0,0,0,0,0,0,0,0,0,42451]},"Basic":{"value":null,"mission":"To provide electric power to rural areas at cost on a cooperative basis.","year":2018,"name":"SOUTHWESTERN ELECTRIC COOPERATIVE INC","phone":5753742451,"website":"WWW.SWEC-COOP.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TRAVIS SULLIVAN","year_formation":1947,"state_legal_domicile":"NM","total_volunteers":0,"tax_period_begin":"2018-01-01T00:00:00","tax_period_end":"2018-12-31T00:00:00","address":"PO BOX 369, CLAYTON, NM, 884150369, USA","city":"CLAYTON","state":"NM","country":"USA","zip_code":884150369},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":8,"Number of employees total":21,"Total Gross UBI":-47,"Net unrelated business taxable income":0,"Number of employees":21,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":37133997,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":37066357,"Total revenue":{"value":37066357,"SALES OF ELECTRICITY":35945771,"PATRONAGE DIVIDENDS":1120586},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":56545,"Investment income total":39045,"Net investment gain":17500,"Income from invest bond proceeds":0},"Other revenues":{"value":11095,"Other total":12644,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":-1549,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":37133997,"Grant expense":{"value":2125,"Grants to domestic orgs":2125,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":1629457,"Benefits paid to members Total":1629457},"Salaries":{"value":1618186,"Current officers":209514,"Disqualified persons":0,"Other salaries and wages":836128,"Pension plan contributions":144156,"Other employee benefits":328116,"Payroll taxes":100272},"Other expenses":{"value":33884229,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":857190,"Payments to affiliates":0,"Depreciation and depletion":1023335,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":31980173,"PURCHASED POWER":30893221,"ADMIN & GENERAL EXPENSE":594203,"DISTRIBUTION EXPENSE":412342,"CONSUMER EXPENSE":80407},"All other expenses":23531},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":52279603,"Non-interest bearing cash":1883404,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":2851003,"Receivables from officers":3169,"Receivables from disqual persons":0,"Other net note and loans":91854,"Inventories for sale or use":20059,"Prepaid expenses deferred charges":67353,"Land, building, equipment":24523770,"Investments publicly traded":0,"Investments other":0,"Investments program related":22838801,"Intangible assets":0,"Other assets":190},"Liabilities":{"value":24863874,"Sum of Total Liabilities":0,"Accounts payable, accrued":2555829,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":21912070,"Unsecured notes loans payable":0,"Other liabilities":395975},"Fund balance":{"value":27415729,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.0,"percentile":0.39405288179642484},"Liabilities to Assets Ratio":{"score":0.47559416241167707,"percentile":0.1420858917823192},"Operating Reserve Ratio":{"score":1.407863608110918,"percentile":0.5205911816661173},"Officer Compensation Ratio":{"score":0.005642107419785702,"percentile":0.9786935293793012},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.016389817943854364,"percentile":0.30800808880325636},"Asset Growth":{"score":0.038739248770144105,"percentile":0.4821943985508689},"Independent Voting Board Pct":{"score":0.8888888888888888,"percentile":0.2330250129411084},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.45846240720038534,"percentile":0.22826211512198166}},"source_xml":"201923199349310762_public.xml"},{"Organization":{"value":null,"Person":["JOHN VINCENT","EUGENE PODZEMNY","BOB WEESE","LARRY HARKINS","RENEE RINESTINE","STERLIN SHIELDS","ROBERT EMERY","WILBERT STEVENSON","HARRY HOPSON","GARY RINKER"],"Title":["PRESIDENT","VICE-PRESIDENT","SECRETARY/TREASURER","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","GENERAL MANAGER"],"Hours":[1.7,0.5,0.9,0.9,1.1,0.7,0.9,0.5,1.0,40.0],"Total Compensation":[2688,2762,3354,2816,3377,2898,2425,2911,2666,110493],"Direct compensation":[2688,2762,3354,2816,3377,2898,2425,2911,2666,94027],"Other compensation":[0,0,0,0,0,0,0,0,0,16466]},"Basic":{"value":null,"mission":"To provide electric power to rural areas at cost on a cooperative basis.","year":2013,"name":"SOUTHWESTERN ELECTRIC COOPERATIVE INC","phone":5753742451,"website":"WWW.SWEC-COOP.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"GARY RINKER","year_formation":1947,"state_legal_domicile":"NM","total_volunteers":0,"tax_period_begin":"2013-01-01T00:00:00","tax_period_end":"2013-12-31T00:00:00","address":"PO BOX 369, CLAYTON, NM, 884150369, USA","city":"CLAYTON","state":"NM","country":"USA","zip_code":884150369},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":9,"Number of independent voting members":9,"Number of employees total":23,"Total Gross UBI":223,"Net unrelated business taxable income":0,"Number of employees":23,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":40173137,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":40031439,"Total revenue":{"value":40031439,"ELECTRIC SALES":37748486,"PATRONAGE DIVIDENDS":2282953},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":134256,"Investment income total":129267,"Net investment gain":4989,"Income from invest bond proceeds":0},"Other revenues":{"value":7442,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":7442,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":40173137,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":2309240,"Benefits paid to members Total":2309240},"Salaries":{"value":1164015,"Current officers":136390,"Disqualified persons":0,"Other salaries and wages":596656,"Pension plan contributions":117519,"Other employee benefits":258822,"Payroll taxes":54628},"Other expenses":{"value":36699882,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":873088,"Payments to affiliates":0,"Depreciation and depletion":892656,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":34914173,"PURCHASED POWER":33802304,"DISTRIBUTION EXPENSE":501477,"ADMIN & GENERAL EXPENSE":470400,"CUSTOMER ACCOUNTS":139992},"All other expenses":19965},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":43335724,"Non-interest bearing cash":1132933,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":2810658,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":153608,"Inventories for sale or use":60018,"Prepaid expenses deferred charges":233943,"Land, building, equipment":23215515,"Investments publicly traded":0,"Investments other":0,"Investments program related":15651951,"Intangible assets":0,"Other assets":77098},"Liabilities":{"value":21486915,"Sum of Total Liabilities":0,"Accounts payable, accrued":2579636,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":18442410,"Unsecured notes loans payable":0,"Other liabilities":464869},"Fund balance":{"value":21848809,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.0,"percentile":0.39405288179642484},"Liabilities to Assets Ratio":{"score":0.4958245303574483,"percentile":0.13662158552552878},"Operating Reserve Ratio":{"score":1.0787239243975395,"percentile":0.44514747510184893},"Officer Compensation Ratio":{"score":0.003395054760100014,"percentile":0.987275505763726},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5486944074100499,"percentile":0.4534730639633004}},"source_xml":"201433149349302878_public.xml"},{"Organization":{"value":null,"Person":["Travis Sullivan","Joe Reeser","Ron Green","Roy Perschbacher","Joel Gilbert","Jack Chetfield","Mikael Nixon","Chad Deason","Renee Rinestine"],"Title":["General Manager","Director","Director","Director","Director","Director","Director","Director","Director"],"Hours":[50.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0,0.0],"Total Compensation":[278551,14299,8704,5503,5499,3500,2750,2250,1000],"Direct compensation":[175541,14299,8704,5503,5499,3500,2750,2250,1000],"Other compensation":[103010,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To provide electric power to rural areas at cost on a cooperative basis.","year":2023,"name":"Southwestern Electric Cooperative Inc","phone":null,"website":"www.swec-coop.org","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Travis Sullivan","year_formation":1947,"state_legal_domicile":"NM","total_volunteers":null,"tax_period_begin":"2023-01-01T00:00:00","tax_period_end":"2023-12-31T00:00:00","address":"PO Box 369, Clayton, NM, 884150369, USA","city":"Clayton","state":"NM","country":"USA","zip_code":884150369},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":23,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":23,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":25825552,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":25547022,"Total revenue":{"value":25547022,"Electric Sales":25309381,"Capital Credits":187037,"Miscellaneous Electric":50604},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":203135,"Investment income total":203135,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":75395,"Other total":-2101,"Royalties revenue":0,"Net rental income":77496,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":25825552,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":594204,"Benefits paid to members Total":594204},"Salaries":{"value":322056,"Current officers":322056,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":24909292,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":769897,"Payments to affiliates":0,"Depreciation and depletion":1087118,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":23025798,"Cost of Power":20706945,"Distribution Expense":1299606,"Admin & General Expense":563572,"Consumer Expense":455675},"All other expenses":26479},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":55307818,"Non-interest bearing cash":1341232,"Savings and temp cash investments":2150000,"Pledges and grants receivable":0,"Accounts receivable":2731344,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":10025,"Inventories for sale or use":43496,"Prepaid expenses deferred charges":371243,"Land, building, equipment":23497770,"Investments publicly traded":0,"Investments other":0,"Investments program related":25162708,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":24425449,"Sum of Total Liabilities":0,"Accounts payable, accrued":2376302,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":21179147,"Unsecured notes loans payable":870000,"Other liabilities":0},"Fund balance":{"value":30882369,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.0,"percentile":0.39405288179642484},"Liabilities to Assets Ratio":{"score":0.44162742055743365,"percentile":0.15177051224696142},"Operating Reserve Ratio":{"score":2.1415928689539725,"percentile":0.6337079364681598},"Officer Compensation Ratio":{"score":0.012470440128443333,"percentile":0.9495322940083915},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.04694923280193021,"percentile":0.22632523025176582},"Asset Growth":{"score":0.022535881498581767,"percentile":0.41457743815441567},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.51844806513652,"percentile":0.3692593147364912}},"source_xml":"202442709349300434_public.xml"},{"Organization":{"value":null,"Person":["TRAVIS SULLIVAN","JOE REESER","JOEL GILBERT","RENEE RINESTINE","RON GREEN","MIKAEL NIXON","ROY PERSCHBACHER","JACK CHATFIELD"],"Title":["GENERAL MANA","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR","DIRECTOR"],"Hours":[65.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0],"Total Compensation":[148327,3784,3500,3264,3250,2979,2500,2433],"Direct compensation":[119076,3784,3500,3264,3250,2979,2500,2433],"Other compensation":[29251,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To provide electric power to rural areas at cost on a cooperative basis.","year":2020,"name":"SOUTHWESTERN ELECTRIC COOPERATIVE INC","phone":5753742451,"website":"WWW.SWEC-COOP.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"TRAVIS SULLIVAN","year_formation":1947,"state_legal_domicile":"NM","total_volunteers":null,"tax_period_begin":"2020-01-01T00:00:00","tax_period_end":"2020-12-31T00:00:00","address":"PO BOX 369, CLAYTON, NM, 884150369, USA","city":"CLAYTON","state":"NM","country":"USA","zip_code":884150369},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":12,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":12,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":27806053,"Contributions":{"value":216800,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":216800,"Related organizations":0},"Program revenue":{"value":27557598,"Total revenue":{"value":27557598,"ELECTRIC SALES":27019971,"CAPTIAL CREDITS":530007,"MISCELLANEOUS ELECTRIC":7620},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":26713,"Investment income total":28013,"Net investment gain":-1300,"Income from invest bond proceeds":0},"Other revenues":{"value":4942,"Other total":4926,"Royalties revenue":0,"Net rental income":16,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":27790385,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":704802,"Benefits paid to members Total":704802},"Salaries":{"value":170037,"Current officers":170037,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":26915546,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":844085,"Payments to affiliates":0,"Depreciation and depletion":1093758,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":24955186,"COST OF POWER":22455064,"DISTRIBUTION EXPENSE":1378749,"ADMIN & GENERAL EXPENSE":792740,"CONSUMER EXPENSE":328633},"All other expenses":22517},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":53723491,"Non-interest bearing cash":3923612,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":2123030,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":34002,"Inventories for sale or use":20731,"Prepaid expenses deferred charges":131577,"Land, building, equipment":23033431,"Investments publicly traded":0,"Investments other":0,"Investments program related":24457108,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":24574172,"Sum of Total Liabilities":0,"Accounts payable, accrued":1859876,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":22328056,"Unsecured notes loans payable":0,"Other liabilities":386240},"Fund balance":{"value":29149319,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.0005634744348649555,"percentile":0.39644676164876486},"Liabilities to Assets Ratio":{"score":0.4574194927131597,"percentile":0.14717534122212336},"Operating Reserve Ratio":{"score":1.933168288240699,"percentile":0.6071519295978646},"Officer Compensation Ratio":{"score":0.006118555032612898,"percentile":0.97677269435085},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.0367540705855067,"percentile":0.24972738224522803},"Asset Growth":{"score":0.02982184722205098,"percentile":0.4452007344342745},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5229066652286289,"percentile":0.3811854011982682}},"source_xml":"202142729349300544_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["Travis Sullivan","Joe Reeser","Joel Gilbert","Ron Green","Chad Deason","Roy Perschbacher","Mikael Nixon","Jack Chetfield"],"Title":["General Manager","Director","Director","Director","Director","Director","Director","Director"],"Hours":[50.0,2.0,2.0,2.0,2.0,2.0,2.0,2.0],"Total Compensation":[295934,11632,4000,3991,2750,2500,2250,2250],"Direct compensation":[191568,11632,4000,3991,2750,2500,2250,2250],"Other compensation":[104366,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"To provide electric power to rural areas at cost on a cooperative basis.","year":2024,"name":"Southwestern Electric Cooperative Inc","phone":5753742451,"website":"www.swec-coop.org","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Travis Sullivan","year_formation":1947,"state_legal_domicile":"NM","total_volunteers":null,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"PO Box 369, Clayton, NM, 884150369, USA","city":"Clayton","state":"NM","country":"USA","zip_code":884150369},"Governance":{"value":null,"501c3 determination":false,"501c determination":true,"Number of voting members":7,"Number of independent voting members":7,"Number of employees total":24,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":24,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":26682791,"Contributions":{"value":0,"Other contributions":0,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":26395440,"Total revenue":{"value":26395440,"Electric Sales":25044296,"Capital Credits":1317110,"Other Operating":34034},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":186334,"Investment income total":186334,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":101017,"Other total":101017,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":26682791,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":1729345,"Benefits paid to members Total":1729345},"Salaries":{"value":325307,"Current officers":325307,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":0},"Other expenses":{"value":24628139,"Management services":0,"Legal":0,"Accounting":0,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":0,"Office expenses":0,"Information technology":0,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":0,"Interest":798986,"Payments to affiliates":0,"Depreciation and depletion":1203327,"Insurance":0,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":22625826,"Cost of Power":20540146,"Distribution Expense":1004359,"Admin & General Expense":733205,"Consumer Expense":348116},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":0,"Management And General Expenses":0,"Fundraising Expenses":0}},"Assets":{"value":57656627,"Non-interest bearing cash":1782215,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":1895922,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":10148,"Inventories for sale or use":343194,"Prepaid expenses deferred charges":442536,"Land, building, equipment":26716093,"Investments publicly traded":0,"Investments other":0,"Investments program related":26466519,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":25441815,"Sum of Total Liabilities":0,"Accounts payable, accrued":1930029,"Grants payable":0,"Deferred, revenue":86768,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":21855018,"Unsecured notes loans payable":1570000,"Other liabilities":0},"Fund balance":{"value":32214812,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.0,"percentile":0.4421253816471043},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.0,"percentile":0.39405288179642484},"Liabilities to Assets Ratio":{"score":0.44126436671364766,"percentile":0.15187805313708042},"Operating Reserve Ratio":{"score":2.1608169475224686,"percentile":0.6359281112811597},"Officer Compensation Ratio":{"score":0.012191640672072124,"percentile":0.9507776866660448},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":-0.04478854820645043,"percentile":0.23096008204149612},"Asset Growth":{"score":0.02204570926934721,"percentile":0.41252631540582146},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5190066744162541,"percentile":0.370863191879502}},"source_xml":"202523219349315252_public.xml"},"sector":"","donation_categories":[],"zakat_policy":null},"error":null}