2025-09-29T15:17:54-04:00 2024-12-31 541320089 ADAMS JENKINS & CHEATHAM 231 WYLDEROSE DR MIDLOTHIAN VA 23113 990 2024-01-01 541135340 RAPPAHANNOCK ELECTRIC COOPERATIVE RAPP 247 INDUSTRIAL CT FREDERICKSBURG VA 22408 JOHN D HEWA PRESIDENT & CEO 2025-07-30 true true G STEVEN GILLIAM CPA P00348264 8043231313 2025-09-16 2024 2025-03-06 01:10:19Z JOHN D HEWA 247 INDUSTRIAL CT FREDERICKSBURG VA 22408 605951365 false X WWW.MYREC.COOP X 1980 VA SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF RAPPAHANNOCK ELECTRIC COOPERATIVE. 9 9 477 943756 266260 0 529839451 599399925 3647666 3750551 1993023 2502539 535480140 605653015 44300 51025 11209532 16997013 68506546 96769553 0 0 438887457 420186737 518647835 534004328 16832305 71648687 1199468499 1374359006 757399996 916039300 442068503 458319706 SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF RAPPAHANNOCK ELECTRIC COOPERATIVE. false false SAFE AND EFFECTIVE DELIVERY OF ELECTRICITY TO THE MEMBERS OF RAPPAHANNOCK ELECTRIC COOPERATIVE. THE THREE LARGEST PROGRAM SERVICES, AS MEASURED BY EXPENSES ARE AS FOLLOWS: COST OF POWER 336,097,247 OTHER SALARIES AND WAGES 74,984,958 DEPRECIATION 50,891,621 false false false false false false false false false true false true false true true false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 112 0 true 477 true true true false false false false 522494900 7052210 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false X X THE COOPERATIVE 5408988500 247 INDUSTRIAL CT FREDERICKSBURG VA 22408 X JOHN D HEWA PRESIDENT & 60.00 10.00 X 902792 0 106234 PETER N MUHORO CHIEF STRAT 60.00 10.00 X 483977 101923 104446 TRACEY B STEINER CHIEF ENG & 52.00 8.00 X 416039 76442 106234 LEESETTA J BROCK PRINCIPAL EN 50.00 0.00 X 415644 0 86992 LAWRENCE G ANDREWS FMR CHIEF AD 40.00 X 324766 0 79953 JASON E SATTERWHITE CHIEF GRID O 50.00 1.00 X 311050 0 88691 JOHN S CRAWFORD MGR DIR OPS 50.00 0.00 X 292568 0 75257 BRET K ELLIOTT MGR DIR IT & 50.00 1.00 X 281548 0 79687 PATRICIA J HATCHER CHIEF HR 50.00 0.00 X 291096 0 64428 CHRISTOPHER STOIA VP ENG & POW 50.00 1.00 X 277734 0 63508 DOUGLAS KING DIR CYBER IN 50.00 X 259682 0 73072 SONDRA DUNN MGR DIR MEMB 40.00 1.00 X 257463 0 72956 BRUCE M BOWE JR FMR ASST TRE 40.00 X 198357 0 59010 MICHAEL CURLEY ASSISTANT TR 40.00 0.00 X 184800 0 60982 WHITNEY S WATTS ASSISTANT SE 50.00 4.00 X 164746 0 57330 JOHN M ARP FMR CHIEF E 40.00 X 182921 0 7791 STEVEN RODDY CHIEF FINC 50.00 0.00 X 75796 0 8874 MICHAEL W LINDSAY DIRECTOR 20.00 10.00 X 40300 0 0 CHRISTOPHER G SHIPE CHAIRMAN 30.00 5.00 X X 38000 0 0 EUGENE L CAMPBELL JR DIRECTOR 14.00 2.00 X 37400 0 0 ERIC PAULSON TREASURER 16.00 2.00 X X 37400 0 0 J MARK WOOD SECRETARY 18.00 2.00 X X 37100 0 0 LINDA R GRAY DIRECTOR 17.00 5.00 X 37000 0 0 JESSE R THOMAS JR DIRECTOR 15.00 0.00 X 35900 0 0 DARLENE H CARPENTER DIRECTOR 16.00 0.00 X 35600 0 0 SANFORD REAVES JR VICE CHAIRMA 10.50 3.00 X X 30300 0 0 5649979 178365 1195445 308 false true false S & N COMMUNICATIONS 3723 THREE NOTCH RD LOUISA VA 23093 CONSTRUCTION 23051295 LEE ELECTRICAL CONSTRUCTION PO BOX 55 ABERDEEN NC 28315 CONSTRUCTION 15107060 RIVER CITY CONSTRUCTION INC PO BOX 1420 WASHINGTON NC 27889 CONSTRUCTION 10030903 RAPPAHANNOCK ELECTRIC COMM INC PO BOX 8059 FREDERICKSBURG VA 22404 INFO TECHNOLOGY 7851319 CW WRIGHT CONSTRUCTION 1610 ASHTON PARK DRIVE SOUTH CHESTERFIELD VA 238345907 CONSTRUCTION 7307495 69 SALES OF ELECTRIC ENERGY 221000 519655547 519655547 CONTRIB IN AID OF CONSTR 221000 75601487 75601487 OTHER ELECTRIC REVENUE 221000 2839353 2839353 PATRONAGE ALLOCATIONS REC 221000 1303538 1303538 599399925 3487206 3487206 1683346 8293 1675053 1675053 116270 1558783 553402 290057 263345 263345 263345 1029 1029 1029 FIBER-FIREFLY 221000 479205 479205 ELECTRICAL SERVICES 221000 347252 347252 826457 605653015 599399925 943756 5309334 X 51025 16997013 4950559 74984958 10508012 22101 6303923 283708 89768 1473367 10802319 775423 627177 23569686 50891621 845966 COST OF POWER 336097247 DISTRIBUTION - MAINT 20253650 DISTRIBUTION - OPERATION 7822211 CONSUMER ACCOUNTS 6038241 -39383647 534004328 0 0 0 46467346 120800459 214867 12409 76946596 87953777 22217791 21366229 11155102 31177843 1532567644 584667577 881490348 947900067 1029157 685585 159178196 163692490 769096 770147 1199468499 1374359006 51515229 62507218 621807734 648236001 7507563 52000000 76569470 153296081 757399996 916039300 X 442068503 458319706 442068503 458319706 1199468499 1374359006 X 71648687 -55397484 X false true X true false 1532567644 584667577 947900067 947900067 INV IN ASSOC ORG - PATRONAGE CAPITAL 157092464 C INV IN ASSOC ORG - CAPITAL TERM CERT 3352860 C OTHER 3247166 C 163692490 KEY ACCOUNTS CONTRACTS 105616004 CONSUMER DEPOSITS 22854580 DEFERRED CREDITS 11667846 ACCRUED LIABILITIES 8717274 OTHER NONCURRENT LIABILITIES 4196585 CAPITAL LEASE OBLIGATION 243792 153296081 X SCHEDULE D, PAGE 3, PART X THE COOPERATIVE FOLLOWS THE GUIDANCE FOR "UNCERTAIN TAX POSITIONS" IN ACCORDANCE WITH ASC 740. THE COOPERATIVE HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT THEIR TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. X X X X X X true true false JOHN D HEWA PRESIDENT & CEO 883783 19009 89734 16500 1009026 PETER N MUHORO CHIEF STRAT & TECH 433378 101923 45000 5599 89734 14712 588423 101923 TRACEY B STEINER CHIEF ENG & CONSUMER 407342 76442 8697 89734 16500 522273 76442 LEESETTA J BROCK PRINCIPAL ENG MGR 398667 16977 70492 16500 502636 LAWRENCE G ANDREWS FMR CHIEF ADMIN &FIN 320817 3949 67895 12058 404719 JASON E SATTERWHITE CHIEF GRID OPS 309149 1901 72191 16500 399741 JOHN S CRAWFORD MGR DIR OPS SUPPORT 280046 12522 65687 9570 367825 BRET K ELLIOTT MGR DIR IT & CYBER 273011 8537 63187 16500 361235 PATRICIA J HATCHER CHIEF HR 273774 17322 60198 4230 355524 CHRISTOPHER STOIA VP ENG & POW SUP 274587 3147 47008 16500 341242 DOUGLAS KING DIR CYBER INFRA 252594 5000 2088 56572 16500 332754 SONDRA DUNN MGR DIR MEMBER 249934 7529 60636 12320 330419 BRUCE M BOWE JR FMR ASST TREASURER 197453 904 46318 12692 257367 MICHAEL CURLEY ASSISTANT TREASURER 177384 2500 4916 44482 16500 245782 WHITNEY S WATTS ASSISTANT SECRETARY 153907 10000 839 40830 16500 222076 JOHN M ARP FMR CHIEF ENG & OPS 42721 140200 6522 1269 190712 SCHEDULE J, PAGE 1, PART I, LINE 4 JOHN D. HEWA 0 10,729 0 PETER N. MUHORO 0 1,440 0 TRACEY B. STEINER 0 1,215 0 JOHN M. ARP 0 413 0 SCHEDULE J, PART III CERTAIN INDIVIDUALS PARTICIPATE IN A NONQUALIFIED EXECUTIVE BENEFIT RESTORATION PLAN (EBR)UNDER CODE SECTION 457(F), AS A RESULT OF HAVING BENEFITS UNDER THE QUALIFIED PENSION PLAN RESTRICTED BECAUSE OF MAXIMUM LIMITS ON BENEFITS THAT MAY BE PROVIDED UNDER THE QUALIFIED PENSION PLAN. THE EBR IS SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE PRIOR TO PARTICIPANTS REACHING NORMAL RETIREMENT DATE AND OTHER RESTRICTIONS AS DEFINED IN THE EBR PLAN DOCUMENT. 990 REPORTING RULES REQUIRES AMOUNTS ACCRUED BUT NOT YET VESTED OR RECEIVED, TO BE INCLUDED ON SCHEDULE J PART II, COLUMN C. THE FOLLOWING INDIVIDUALS HAD AMOUNTS ACCRUED UNDER THIS PLAN DURING 2024: JOHN HEWA 213,211 TRACEY STEINER 178,103 JASON SATTERWHITE 87,461 PETER MUHORO 70,673 STEVEN RODDY 2,517 JOHN M. ARP RECEIVED A ONE-TIME PAYMENT DURING 2024 TOTALING 139,583 THAT HAS BEEN INCLUDED ON SCHEDULE J, PART II B (III) OTHER REPORTABLE COMPENSATION. FORM 990 FORM 990, PART IX, LINE 4 BENEFITS PAID TO OR FOR MEMBERS PATRONAGE DIVIDENDS ARE PAID TO MEMBERS' ACCOUNTS IN ACCORDANCE WITH THE PRE-EXISTING OBLIGATION IN THE COOPERATIVE'S BY-LAWS. THE COOPERATIVE IS OBLIGATED TO PAY BY CREDITS TO A CAPITAL ACCOUNT FOR EACH PATRON ALL SUCH AMOUNTS IN EXCESS OF OPERATING COSTS AND EXPENSES. IRS INSTRUCTIONS FOR LINE 4 CHANGED IN 2011 TO INCLUDE PATRONAGE DIVIDENDS PAID BY SECTION 501(C)(12) ORGANIZATIONS TO THEIR MEMBERS. ACCORDINGLY, THESE AMOUNTS ARE NOW REPORTED ON LINE 4. FORM 990, PAGE 6, PART VI, LINE 6 ANY PERSON OR OTHER LEGAL ENTITY WHO IS ABLE TO ENTER A LEGALLY BINDING CONTRACT WILL BECOME A MEMBER OF THE COOPERATIVE UPON RECEIPT OF ELECTRIC SERVICE FROM THE COOPERATIVE. FORM 990, PAGE 6, PART VI, LINE 7A IN ANY ELECTION FOR BOARD OF DIRECTORS, EACH MEMBER SHALL HAVE THE RIGHT TO VOTE FOR THE DULY NOMINATED CANDIDATE OF THEIR CHOICE IN PERSON AT THE ANNUAL MEETING OR UPON A PROXY FORM. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERS OF THE COOPERATIVE AS PROVIDED FOR IN THE BY-LAWS. FORM 990, PAGE 6, PART VI, LINE 11B BEFORE FORM 990 IS SUBMITTED TO THE IRS, THE BOARD OF DIRECTORS RECEIVES A COPY OF THE FORM. THE COOPERATIVE'S MANAGEMENT ANSWERS ANY QUESTIONS BROUGHT TO THEIR ATTENTION BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 12C THE GOVERNING BOARD OF DIRECTORS ALONG WITH MEMBERS OF MANAGEMENT COMPLETE ANNUAL CONFLICT OF INTEREST STATEMENTS. FORM 990, PAGE 6, PART VI, LINE 15A THE COOPERATIVE UTILIZES AN INDEPENDENT COMPENSATION CONSULTANT TO REVIEW MARKET TRENDS AND CONDUCT AN ANALYSIS OF COMPENSATION. THIS INFORMATION IS UTILIZED BY THE COOPERATIVE'S BOARD AS PART OF THE CEO'S ANNUAL REVIEW FOR MERIT EVALUATION. FORM 990, PAGE 6, PART VI, LINE 15B OTHER OFFICERS AND KEY EMPLOYEES ARE REVIEWED BY DIRECT SUPERVISORS FOR MERIT EVALUATION. MARKET ADJUSTMENTS ARE DETERMINED THROUGH HUMAN RESOURCES USING AN INDEPENDENT COMPENSATION CONSULTANT REVIEW OF CURRENT MARKET TRENDS AND COMPARABLE COMPENSATION DATA. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND POLICIES, AUDITED FINANCIAL STATEMENTS ALONG WITH THE FORM 990 ARE AVAILABLE UPON REQUEST. BY-LAWS AND OTHER GOVERNING DOCUMENTS ARE ALSO AVAILABLE ON THE COOPERATIVES WEB SITE. FORM 990, PART VII 990 PART VII SECTION A COLUMN F THE COOPERATIVE PARTICIPATES IN THE NRECA GROUP DEFINED PENSION PLAN. AS PART OF THIS PLAN, PARTICIPANTS ARE REQUIRED TO RECOGNIZE THE ACTUARIAL INCREASE IN THE VALUE OF THEIR ACCOUNT ON THE FORM 990. THE CONTRIBUTION RATE FOR PARTICIPANTS IN THE PLAN IS THE SAME FOR ALL INDIVIDUALS IN THE PLAN. THE CHANGE IN ACTUARIAL VALUE FOR EACH PARTICIPANT, HOWEVER, VARIES WITH AGE. IN OTHER WORDS, THE OLDER A PARTICIPANT IS, THE GREATER THE INCREASE IN THAT INDIVIDUAL'S CHANGE IN ACTUARIAL VALUE WITH ALL OTHER THINGS BEING EQUAL. 990 PART VII SECTION A COLUMN D DIRECTORS ARE COMPENSATED FOR ATTENDING MEETINGS AND TRAINING. OUT OF TOTAL COMPENSATION REPORTED IN PART VII, SECTION A, COLUMN D, THE FOLLOWING AMOUNTS WERE PAID FOR DIRECTOR TRAINING: BOARD MEMBER MEETINGS TRAINING TOTAL ERIC PAULSON 30,900 6,500 37,400 CHRISTOPHER G. SHIPE 35,500 2,500 38,000 EUGENE L. CAMPBELL, JR. 30,900 6,500 37,400 LINDA R. GRAY 30,500 6,500 37,000 JESSE R. THOMAS, JR. 30,400 5,500 35,900 J. MARK WOOD 30,600 6,500 37,100 SANFORD REAVES, JR. 29,800 500 30,300 DARLENE H. CARPENTER 30,600 5,000 35,600 MICHAEL W. LINDSAY 30,800 9,500 40,300 TOTAL 280,000 49,000 329,000 FORM 990, PART XI, LINE 9 NON-CASH PATRONAGE ALLOCATIONS NOT REV PER IRS 4,296,372 PAT DIV PAID TO MEMBERS' ACCTS NOT EXP PER GAAP 16,997,013 NET CHANGE IN OCI 829,078 CONTRIBUTIONS IN AID OF CONST NOT REV PER GAAP -75,601,487 NET RETIREMENT OF CAPITAL CREDITS -1,574,888 LOSS ON EQUITY INVESTMENT -343,572 TOTAL -55,397,484 PROJECT BIG HEART PO BOX 7388 FREDERICKSBURG VA 22404 541681276 CHAR. GIV. VA 501C3 7 RAPP EC true COMM AWARENESS OF RAP ELEC CHARITY PO BOX 7388 FREDERICKSBURG VA 22404 203160667 CHAR. GIV. VA 501C3 7 RAPP EC true RAPPAHANNOCK ELECTRIC COMM INC PO BOX 8059 FREDERICKSBURG VA 22404 541509322 TECH SVCS VA REC C CORP -343572 1567113 1.00000 true true true false false false false false false false true false true false false true false true false false RAPPAHANNOCK ELECTRIC COMM INC A 51750 CASH