CRAIG-BOTETOURT ELECTRIC CO-OPERATIVE: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: CRAIG-BOTETOURT ELECTRIC CO-OPERATIVE (EIN 54-0183175)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-11-15
IRS object ID: 202203199349318025
Schema version: 2021v4.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-11-15T15:22:38-05:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	541320089	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ADAMS JENKINS & CHEATHAM	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	231 WYLDEROSE DR	AddressLine1Txt
City	MIDLOTHIAN	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	23113	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	540183175	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CRAIG-BOTETOURT ELECTRIC	BusinessNameLine1Txt
Business Name Line2	COOPERATIVE	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	CRAI	BusinessNameControlTxt
Phone	5408645121	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 265	AddressLine1Txt
City	NEW CASTLE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24127	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JEFF M AHEARN	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	5408645121	PhoneNum
Signature	2022-11-14	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JEFF	PersonFirstNm
Person Last	AHEARN	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	G STEVEN GILLIAM CPA	PreparerPersonNm
PTIN	P00348264	PTIN
Phone	8043231313	PhoneNum
Preparation	2022-11-14	PreparationDt

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JEFF M AHEARN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 265	AddressLine1Txt
City	NEW CASTLE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24127	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$13,868,268	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	WWW.CBEC.COOP	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1936	FormationYr
Legal Domicile State	VA	LegalDomicileStateCd
Activity Or Mission	SALE AND DISTRIBUTION OF ELECTRICITY TO MEMBERS.	ActivityOrMissionDesc
Voting Members Governing Body	6	VotingMembersGoverningBodyCnt
Voting Members Independent	6	VotingMembersIndependentCnt
Total Employee	35	TotalEmployeeCnt
Total Gross UBI	$126,000	TotalGrossUBIAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$13,396,958	PYProgramServiceRevenueAmt
CY Program Service Revenue	$13,521,876	CYProgramServiceRevenueAmt
PY Investment Income	$15,591	PYInvestmentIncomeAmt
CY Investment Income	$38,851	CYInvestmentIncomeAmt
PY Other Revenue	$248,952	PYOtherRevenueAmt
CY Other Revenue	$307,541	CYOtherRevenueAmt
PY Total Revenue	$13,661,501	PYTotalRevenueAmt
CY Total Revenue	$13,868,268	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$709,848	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$776,854	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$2,216,395	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$2,279,123	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$9,731,608	PYOtherExpensesAmt
CY Other Expenses	$10,680,167	CYOtherExpensesAmt
PY Total Expenses	$12,657,851	PYTotalExpensesAmt
CY Total Expenses	$13,736,144	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,003,650	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$132,124	CYRevenuesLessExpensesAmt
Total Assets BOY	$36,850,152	TotalAssetsBOYAmt
Total Assets EOY	$37,707,997	TotalAssetsEOYAmt
Total Liabilities BOY	$23,193,037	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$23,238,782	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$13,657,115	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$14,469,215	NetAssetsOrFundBalancesEOYAmt
Mission	SALE AND DISTRIBUTION OF ELECTRICITY TO MEMBERS.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	SALE AND DISTRIBUTION OF ELECTRICITY TO MEMBERS. THE THREE LARGEST PROGRAM SERVICES AS MEASURED BY EXPENSES ARE AS FOLLOWS: COST OF POWER: 6,552,418 SALARIES & WAGES: 1,639,992 DISTRIBUTION MAINTENANCE: 1,391,861	Desc
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	18	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	35	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Members And Shr Gross Income	$13,383,322	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$324,949	OtherSourcesGrossIncomeAmt
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	6	GoverningBodyVotingMembersCnt
Independent Voting Member	6	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (true)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	CRAIG-BOTETOURT ELECTRIC COOP	PersonNm
Phone	5408645121	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 265	AddressLine1Txt
City	NEW CASTLE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24127	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
JEFF M AHEARN
CEO	40.00	Yes (X)	$137,626	$0	$43,512
JAMES E HUFFMAN
VICE PRESIDE	6.30	Yes (X)	$6,200	$0	$0	Yes (X)
JC WINSTEAD
DIRECTOR	4.37		$6,200	$0	$0	Yes (X)
PATRICK J RYAN
SECRETARY/TR	3.44	Yes (X)	$5,600	$0	$0	Yes (X)
FRANK R GARMAN JR
PRESIDENT	2.30	Yes (X)	$5,200	$0	$0	Yes (X)
TRAVIS SHREWSBURY
ASST SECRETA	1.63	Yes (X)	$4,800	$0	$0	Yes (X)
EVERETTE J HARLOW
DIRECTOR	0.99		$3,000	$0	$0	Yes (X)
JASPER B PERSINGER JR
DIRECTOR	0.98		$2,600	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$171,226	TotalReportableCompFromOrgAmt
Total Other Compensation	$43,512	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
ASPLUNDH
PO BOX 532729	ATLANTA	GA	303532729	CLEARING	$890,678
DAVIS H ELLIOT
PO BOX 37251	BALTIMORE	MD	219273251	ELEC MAINT	$594,695
FUJISTU
PO BOX 841089	DALLAS	TX	752841089	FIBER PROJECT	$430,678
DFC UNDERGROUND
5974 TAURUS DRIVE	DENVER	NC	28037	ELEC MAINT	$421,642
RESPONSIVE TECHNOLOGY
3933 ARROW DRIVE STE 100	RALEIGH	NC	27612	IT SUPPORT	$183,934

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	7	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ELECTRICITY TO MEMBERS	221000	$13,383,322	$13,383,322
CIAC	221000	$111,873	$111,873
PATRONAGE ALLOCATIONS	221000	$26,681	$26,681

Field	Value	IRS element (for citing)
Total Program Service Revenue	$13,521,876	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$12,670	TotalRevenueColumnAmt
Exclusion	$12,670	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Personal	$311,091	PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Personal	$311,091	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$311,091	TotalRevenueColumnAmt
Exclusion	$311,091	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$26,181	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	$26,181	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$26,181	TotalRevenueColumnAmt
Exclusion	$26,181	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
LEASE INCOME	221000	$126,000	$126,000
OTHER INCOME	221000	$21,544		$21,544
EQUITY (LOSS) FROM SUBSIDIARY		-$151,094		-$151,094

Field	Value	IRS element (for citing)
Other Revenue Total	-$3,550	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$13,868,268	TotalRevenueColumnAmt
Related Or Exempt Func Income	$13,392,326	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$126,000	UnrelatedBusinessRevenueAmt
Exclusion	$349,942	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$776,854	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$214,738	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,639,992	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$282,183	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$142,210	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$33,892	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$381,227	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$5,619	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$729,938	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,327,437	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
COST OF POWER	$6,552,418
DISTRIBUTION MAINTENANCE	$1,391,861
ADMINISTRATIVE AND GENERA	$599,777
DISTRIBUTION OPERATION	$337,995

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	-$679,997	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$13,736,144	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	-$48,018	BOYAmt
EOY	$1,005	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$719,337	BOYAmt
EOY	$8,633	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,543,143	BOYAmt
EOY	$1,929,675	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$654,771	BOYAmt
EOY	$652,743	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$492,177	BOYAmt
EOY	$138,739	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$49,012,863	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$14,739,923	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$31,799,020	BOYAmt
EOY	$34,272,940	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$681,680	BOYAmt
EOY	$696,730	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$8,042	BOYAmt
EOY	$7,532	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$36,850,152	BOYAmt
EOY	$37,707,997	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$2,018,314	BOYAmt
EOY	$1,379,530	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$20,820,083	BOYAmt
EOY	$20,607,432	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$354,640	BOYAmt
EOY	$1,251,820	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$23,193,037	BOYAmt
EOY	$23,238,782	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$13,657,115	BOYAmt
EOY	$14,469,215	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$13,657,115	BOYAmt
EOY	$14,469,215	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$36,850,152	BOYAmt
EOY	$37,707,997	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$132,124	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$679,976	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	false	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$137,179	OtherCostOrOtherBasisAmt
Book Value	$137,179	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$941,432	OtherCostOrOtherBasisAmt
Depreciation	$418,795	DepreciationAmt
Book Value	$522,637	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$47,934,252	OtherCostOrOtherBasisAmt
Depreciation	$14,321,128	DepreciationAmt
Book Value	$33,613,124	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$34,272,940	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDesc	AmtAmt
LINE OF CREDIT	$701,271
CONSUMER DEPOSITS	$222,697
OTHER LIABILITIES	$210,073
DEFERRED CREDITS	$117,779

Field	Value	IRS element (for citing)
Total Liability	$1,251,820	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$13,771,445	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$13,771,445	RevenueSubtotalAmt
Other Revenues Not Included	$96,823	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$96,823	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$13,868,268	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$12,959,290	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$12,959,290	ExpensesSubtotalAmt
Other Expenses Not Included	$776,854	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$776,854	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$13,736,144	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE D, PAGE 3, PART X	THE CORPORATION FOLLOWS THE GUIDANCE FOR "UNCERTAIN TAX POSITIONS" IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE CORPORATION HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT THEIR TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE.
SCHEDULE D, PAGE 4, PART XI, LINE 4B	CIAC 111,873 PATRONAGE ALLOCATIONS -15,050
SCHEDULE D, PAGE 4, PART XII, LINE 4B	BENEFITS PAID TO MEMBERS 776,854

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	JEFF M AHEARN	PersonNm
Title	CEO	TitleTxt
Base Compensation Filing Org	$137,626	BaseCompensationFilingOrgAmt
Deferred Compensation Flng Org	$34,946	DeferredCompensationFlngOrgAmt
Nontaxable Benefits Filing Org	$8,566	NontaxableBenefitsFilingOrgAmt
Total Compensation Filing Org	$181,138	TotalCompensationFilingOrgAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990	FORM 990 PART IX LINE 4 - BENEFITS PAID TO MEMBERS PATRONAGE DIVIDENDS PAID TO MEMBERS' ACCOUNTS IN ACCORDANCE WITH THE PRE- EXISTING OBLIGATION IN CRAIG-BOTETOURT ELECTRIC 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	CRAIG-BOTETOURT ELECTRIC IS AN ELECTRIC DISTRIBUTION SYSTEM. EACH PROSPECTIVE CONSUMER/MEMBER REQUESTING ELECTRIC SERVICE SHALL SIGN THE COOPERATIVE'S APPLICATION FOR MEMBERSHIP AND SUPPLY THE COOPERATIVE WITH SUCH CREDIT REFERENCES AS MAY BE REQUESTED. THERE IS A MEMBERSHIP FEE OF 5.00.
FORM 990, PAGE 6, PART VI, LINE 7A	EACH CONSUMER/MEMBER IS AFFORDED ONE VOTE ANNUALLY IN THE ELECTION OF SPECIFIED BOARD SEAT.
FORM 990, PAGE 6, PART VI, LINE 7B	IN ACCORDANCE WITH THE COOPERATIVE'S BYLAWS, THE DECISION TO DISSOLVE THE COOPERATIVE WOULD BE SUBJECT TO APPROVAL BY MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 11B	EACH MEMBER OF THE BOARD IS GIVEN A COPY OF FORM 990 TO REVIEW. AFTER THERE HAS BEEN SUFFICIENT TIME FOR THE BOARD MEMBERS TO REVIEW THE 990, A MEETING BETWEEN THE BOARD AND THE CPA FIRM THAT PREPARED THE 990 WILL TAKE PLACE TO DISCUSS THE 990 AND ANSWER ANY QUESTIONS.
FORM 990, PAGE 6, PART VI, LINE 12C	ALL BOARD MEMBERS AND MANAGEMENT ARE REQUIRED TO SIGN A STATEMENT REVEALING ANY CONFLICT OF INTEREST OR THE ABSENCE THEREOF. THE STATEMENTS WILL BE SIGNED ANNUALLY.
FORM 990, PAGE 6, PART VI, LINE 15A	THE COOPERATIVE FOCUSES ON COMPARABLE ELECTRIC COOPERATIVES IN THE NATION, REGION, AND STATE TO BENCHMARK CEO COMPENSATION. SALARY INFORMATION FROM SEVERAL COMPENSATION SURVEYS MAY BE USED. IN ADDITION, THE BOARD MAY ENGAGE AN INDEPENDENT QUALIFIED PROFESSIONAL CONSULTANT TO RECOMMEND COMPENSATION OR LEVELS (RANGE), AND DOCUMENT AND FOLLOW THOSE RECOMMENDATIONS. COMPENSATION WILL BE BASED ON AN ANALYSIS OF CONSULTANT RECOMMENDATIONS AND COMPARISON OF COMPENSATION RECEIVED BY EXECUTIVES AT COMPARABLE ORGANIZATIONS THAT ARE REASONABLE WITH RESPECT TO THE ORGANIZATION'S REVENUES, ASSETS, AND COMPLEXITY. FINALLY, EXECUTIVE COMPENSATION WILL BE TIED TO THE ACCOMPLISHMENT OF ORGANIZATIONAL AND EXECUTIVE PERFORMANCE GOALS.
FORM 990, PAGE 6, PART VI, LINE 19	THE COOPERATIVE MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO ITS MEMBERS AT THE COOPERATIVE'S ANNUAL MEMBERSHIP BUSINESS MEETING AND IS INCLUDED IN A NEW MEMBER'S PACKET WHEN APPLYING FOR ELECTRIC SERVICE. THE FINANICIAL STATEMENTS ARE MADE AVAILABLE TO MEMBERS AT THE COOPERATIVE'S ANNUAL MEETING AND UPON INDIVIDUAL REQUEST. THE COOPERATIVE'S CONFLICT OF INTEREST POLICY IS MADE AVAILABLE TO MEMBERS UPON INDIVIDUAL REQUEST. THESE ITEMS MENTIONED ABOVE ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC WITH THE FILING OF IRS FORM 990 AND THE REQUIRED FILINGS WITH RURAL UTILITIES SERVICES IN WASHINGTON, D.C.
FORM 990, PART XI, LINE 9	CASH PATRONAGE RECEIVED NOT REVENUE PER GAAP 15,050 BENEFITS PAID TO MEMBERS NOT EXP PER GAAP 776,854 CIAC NOT REVENUE PER GAAP -111,873 NET DECREASE IN MEMBERSHIPS -55 TOTAL 679,976

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	CRAIG BOTETOURT ENERGY AND HOME	BusinessNameLine1Txt
Business Name Line2	SERVICES LLC	BusinessNameLine2Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 265	AddressLine1Txt
City	NEW CASTLE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24127	ZIPCd

Field	Value	IRS element (for citing)
EIN	841757025	EIN
Primary Activities	INTERNET	PrimaryActivitiesTxt
Legal Domicile State	VA	LegalDomicileStateCd
Direct Controlling NA	N/A	DirectControllingNACd
Controlled Organization	false	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	false	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	false	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	false	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	false	DivRelatedOrganizationInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	false	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	Yes (true)	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	false	SharingOfFacilitiesInd
Paid Employees Sharing	false	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (true)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	false	TransferToOtherOrgInd
Transfer From Other Org	false	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	CRAIG-BOTETOURT EC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Transaction Type	P	TransactionTypeTxt
Involved	$126,000	InvolvedAmt
Method Of Amount Determination	COST	MethodOfAmountDeterminationTxt