2022-06-27T15:01:03-05:00 2021-12-31 743040374 KELSO LYNCH PC PA 6700 SQUIBB RD STE 215 MISSION KS 662023252 990 2021-01-01 370495772 RURAL ELECTRIC CONVENIENCE COOPERATIVE RURA 2174386197 PO BOX 19 AUBURN IL 626150019 DAVID E STUVA PRESIDENT & CEO 2174386197 2022-06-22 true DAVID E STUVA 999009999 THOMAS F HANCOCK CPA P00501575 9138311150 2022-06-27 2021 2022-09-23 18:48:47Z DAVID E STUVA 14477787 false X WWW.RECC.COOP X 1936 IL AS AN ENERGY AND SERVICES COOPERATIVE, OUR MEMBERS' NEEDS ARE RURAL ELECTRIC CONVENIENCE COOPERATIVE'S FIRST PRIORITY. 9 9 28 11845 10845 10000 510787 14272925 13812359 42204 125096 28299 29545 14353428 14477787 0 899676 779476 747817 803801 0 0 12705935 12894510 14353428 14477787 0 42712247 42595868 29119309 28621891 13592938 13973977 AS AN ENERGY AND SERVICES COOPERATIVE, OUR MEMBERS' NEEDS ARE RURAL ELECTRIC CONVENIENCE COOPERATIVE'S FIRST PRIORITY. false false RURAL ELECTRIC CONVENIENCE COOPERATIVE (RECC) SERVES 5,910 CONSUMERS IN SANGAMON, MORGAN, MACOUPIN, CHRISTIAN, AND MONTGOMERY COUNTIES. RECC ALSO SERVES CONSUMERS IN SEVERAL GROWING SUBDIVISIONS AROUND SPRINGFIELD, TAYLORVILLE, LITCHFIELD, AND OTHER TOWNS. false false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 15 0 true 28 true true true false false false false 13632268 630921 false false false X 9 9 false false false false true true true true true false false true true true true true true true false false X AUBRIE MEGGINSON 2174386197 PO BOX 19 AUBURN IL 626150019 DAVID E STUVA PRESIDENT & 50.00 X 208498 0 178771 TIMOTHY HEMBERGER MGR OPERATIO 45.00 X 95394 0 124359 AUBRIE MEGGINSON MGR FINANCE 45.00 X 81769 0 33010 MELVIN REPSCHER DIRECTOR 5.00 X 11120 0 6 LOU WEITEKAMP DIRECTOR 4.00 X 10070 0 4 CASSIE EIGENMANN DIRECTOR 4.00 X 9720 0 6 GARY NIEMYER DIRECTOR 4.00 X 9690 0 6 JIMMY AYERS DIRECTOR 4.00 X 9370 0 6 CHRIS WILCOX DIRECTOR 4.00 X 8670 0 6 THOMAS HART DIRECTOR 4.00 X 8320 0 4 CLAYTON BLOOME DIRECTOR 4.00 X 8070 0 6 ANDY GOLEMAN DIRECTOR 4.00 X 6920 0 6 467611 336190 1 false true false BLUE CROSS BLUE SHILED OF IL PO BOX 650615 DALLAS TX 75265 HEALTH INS 330611 FARM CREDIT LEASING SERVICES NW-9675 PO BOX 1450 MINNEAPOLIS MN 55485 VEHICLE LEASING 256401 FLETCHER-REINHARDT CO 3105 CORPORATE EXCHANGE COURT BRIDGETON MO 63044 MATL SUPPLIER 255266 UNITED UTILITY SUPPLY PO BOX 32170 LOUISVILLE KY 40232 MATL SUPPLIER 202968 NATIONAL INFORMATION SOLUTION COOP PO BOX 1147 MANDAN ND 58554 SOFTWARE 138362 5 510787 510787 SALE OF ELECTRICITY 221000 13382476 13382476 CAPITAL CREDITS 221000 272306 272306 OTHER ELECTRIC REVENUE 221000 157577 157577 13812359 20936 20936 7117 7117 7117 7117 104160 104160 104160 104160 990T INCOME 900099 11845 11845 MISC NON ELECTRIC REVENUE 900099 10583 10583 22428 14477787 13927102 11845 28053 X 779476 803801 992864 1635108 COST OF POWER 7686947 DISTRIBUTION EXPENSE 1345751 ADMIN & GENERAL 912491 MEMBER SERVICES 321349 14477787 0 0 0 882223 420000 1282325 1144268 511304 637463 580395 406504 58364164 20271214 37686533 38092950 1769467 1894683 42712247 42595868 1821829 1841957 200568 224877 26786022 25303842 950000 310890 301215 29119309 28621891 X 1008381 1121276 12584557 12852701 13592938 13973977 42712247 42595868 X 0 381039 X false true X true 22209 22209 1362207 758088 604119 56979748 19513126 37466622 38092950 OTHER LIABILITIES 301215 301215 X 13967000 13967000 510787 510787 14477787 13187524 13187524 1290263 1290263 14477787 SCHEDULE D, PAGE 3, PART X AN EVALUATION OF WHETHER OR NOT IT HAS ANY UNCERTAIN TAX POSITIONS IS DETERMINED ON AN ANNUAL BASIS BY THE ASSOCIATION. WHILE THE ASSOCIATION BELIEVES IT HAS ADEQUATELY PROVIDED FOR ALL TAX POSITIONS, AMOUNTS ASSERTED BY TAXING AUTHORITIES COULD BE DIFFERENT THAN THE POSITIONS TAKEN BY THE ASSOCIATION. THE ASSOCIATION RECOGNIZES ANY INTEREST AND PENALTIES ASSERTED BY TSXING AUTHORITIES IN INCOME TAX EXPENSE AND, WITH FEW EXCEPTIONS, IS NO LONGER SUBJECT TO FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2018. SCHEDULE D, PAGE 4, PART XI, LINE 4B PPP LOAN FORGIVENESS 510,787 SCHEDULE D, PAGE 4, PART XII, LINE 4B BENEFITS ALLOCATED TO MEMBERS 779,476 PPP LOAN FORGIVENESS 510,787 X false false false DAVID E STUVA PRESIDENT & CEO 208498 167845 10926 387269 TIMOTHY HEMBERGER MGR OPERATIONS 95394 111708 12651 219753 FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE IS A MEMBER OWNED COOPERATIVE. FORM 990, PAGE 6, PART VI, LINE 7A ALL BOARD MEMBERS ARE ELECTED BY THE MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 7B ANY BYLAW CHANGES ARE APPROVED BY THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE IRS FORM 990 IS REVIEWED BY MANAGEMENT AND THEN EMAILED TO THE BOARD MEMBERS. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION IS SELF POLICED. TYPICALLY DIRECTORS AND KEY EMPLOYEES ARE RE-ADDRESSED BEFORE CONFLICTS COULD ARISE. FORM 990, PAGE 6, PART VI, LINE 15A THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S CEO IS DONE THROUGH AN ANUUAL REVIEW BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 19 BYLAWS ARE OFFERED TO ALL NEW MEMBERS; ALL OTHER DOCUMENTS ARE AVAILABLE AT ANY TIME UPON REQUEST. FORM 990, PART X FORM 990, PART IX, LINE 4 THE INSTRUCTIONS TO THE 2021 FORM 990 INDICATE THAT ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(12) SHOULD REPORT "PATRONAGE DIVIDENDS PAID" TO THEIR MEMBERS IN PART IX, LINE 4 OF THE FORM 990. THE COOPERATIVE HAS INTERPRETED THE WORDS "PATRONAGE DIVIDENDS PAID" IN THE INSTRUCTIONS TO MEAN MARGINS THAT ARE ASSIGNED OR ASSIGNABLE TO THE MEMBERS. THE COOPERATIVE ASSIGNS THE NET MARGINS TO ITS MEMBERS EACH YEAR. THEREFORE, THE AMOUNT LISTED IN PART IX, LINE 4 REPRESENTS THE NET MARGINS ASSIGNABLE TO THE MEMBERS FOR THE CALENDAR YEAR ENDED DECEMBER 31, 2021. FORM 990, PART XI, LINE 9 NET MARGINS ASSIGNED TO MEMBERS 779,476 GAIN ON RETIREMENTS 112,895 RETIREMENT OF CAPITAL CREDITS -511,332 TOTAL 381,039