2021-11-09T07:45:00-06:00 2020-12-31 541320089 ADAMS JENKINS & CHEATHAM 231 WYLDEROSE DR MIDLOTHIAN VA 23113 990 2020-01-01 541135340 RAPPAHANNOCK ELECTRIC COOPERATIVE RAPP 247 INDUSTRIAL CT FREDERICKSBURG VA 22408 JOHN D HEWA PRESIDENT & CEO 2021-09-27 true JOHN D HEWA 999009999 G STEVEN GILLIAM CPA P00348264 8043231313 2021-09-28 2020 2022-09-23 18:48:47Z JOHN D HEWA 247 INDUSTRIAL CT FREDERICKSBURG VA 22408 426240123 false X WWW.MYREC.COOP X 1980 VA SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF RAPPAHANNOCK ELECTRIC COOPERATIVE. 9 9 463 128651 41641 271687 0 468836454 423618544 1412364 1164313 1228139 1386086 471748644 426168943 31450 54900 18522822 17780761 56056648 56774691 0 0 397160502 350326501 471771422 424936853 -22778 1232090 931777168 1024099105 511999491 597444858 419777677 426654247 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 266,170,251 DEPRECIATION 43,026,111 OTHER SALARIES AND WAGES 39,870,656 false false false false false false false false false true false true false false true true false false false false false false false false false false true false true false false false false false false false false false false false true true false false true 176 0 true 463 true true true false false false false 417196297 7786391 false true 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 KENT D FARMER FORMER PRES 60.00 10.00 X 1877339 0 127425 JOHN D HEWA PRESIDENT & 62.00 4.00 X 583536 0 88263 DAVID F KOOGLER SENIOR VP-ME 60.00 2.00 X 379032 0 88263 RONALD W HARRIS SENIOR VP-EN 60.00 0.00 X 344822 0 88263 LAWRENCE G ANDREWS VP - CORPORA 60.00 0.00 X 243922 0 61980 JOHN S CRAWFORD MGR DIR SAFE 55.00 0.00 X 233957 0 50453 MARC L SEAY MGR DIR IT & 55.00 0.00 X 212707 0 64416 PATRICIA J HATCHER MGR DIR HR 50.00 0.00 X 225043 0 47782 LESSETTA BROCK MGR DIR ENG 55.00 0.00 X 206529 0 60805 DAVID M ROZELL MGR DIR REGI 50.00 1.00 X 204063 0 61251 JOHN ARP VP ENG & OPE 60.00 0.00 X 183451 0 58446 BRUCE BOWE ASSISTANT TR 60.00 1.00 X 156373 0 53208 PETER MUHORO VP - STRATEG 60.00 2.00 X 145272 0 36996 WHITNEY S WATTS ASSISTANT SE 50.00 0.00 X 101779 0 24340 EUGENE L CAMPBELL JR DIRECTOR 12.00 0.00 X 38300 0 0 SANFORD REAVES JR DIRECTOR 16.00 4.00 X 38050 0 0 JESSE R THOMAS JR TREASURER 12.00 0.00 X X 36500 0 0 CHRISTOPHER G SHIPE CHAIRMAN 25.00 5.00 X X 35500 0 0 DARLENE H CARPENTER DIRECTOR 14.00 15.00 X 34800 0 0 LINDA R GRAY DIRECTOR 14.00 0.00 X 34000 0 0 J MARK WOOD SECRETARY 15.00 0.00 X X 32200 0 0 MICHAEL W LINDSAY VICE CHAIRMA 20.00 0.00 X X 32100 0 0 WILLIAM C FRAZIER DIRECTOR 15.00 0.00 X 30500 0 0 5409775 911891 219 false true false LOCKHEED MARTIN CORP 5600 SAND LAKE RD MP 264 ORLANDO FL 328198907 IT SERVICES 4762231 PITTMAN'S TREE & LANDSCAPING INC PO BOX 531 FRONT ROYAL VA 226300011 RIGHT OF WAY 4476127 WOLF TREE EXPERTS INC PO BOX 74071 CLEVELAND OH 441944071 RIGHT OF WAY 3595770 CW WRIGHT CONSTRUCTION 11500 IRONBRIDGE RD CHESTER VA 238311449 CONSTRUCTION 3208169 LEE ELECTRICAL CONSTRUCTION PO BOX 55 ABERDEEN NC 283150055 SYSTEM IMP 3006874 39 SALES OF ELECTRIC ENERGY 221000 415116907 415116907 CONTRIB IN AID OF CONSTR 221000 5461051 5461051 OTHER ELECTRIC REVENUE 221000 2079390 2079390 PATRONAGE ALLOCATIONS REC 221000 961196 961196 423618544 1192414 1192414 1317383 10958 1306425 1306425 47793 1258632 28101 -28101 -28101 -28101 35011 32121 2890 2890 ELECTRICAL SERVICES 221000 77968 77968 GAIN (LOSS) ON EQUITY INV 221000 -1197 -1197 76771 426168943 423617347 128651 2422945 X 54900 17780761 4954659 39870656 8359852 78629 3510895 286688 96830 1150668 6572534 333608 438402 17954732 43026111 604582 COST OF POWER 266170251 DISTRIBUTION - MAINT 19704942 CONSUMER ACCOUNTS 6750829 DISTRIBUTION - OPERATION 4990613 -17754289 424936853 0 0 0 3797373 7072382 8809975 51671672 50994285 57767223 5847716 8298641 16649614 20870086 1197969293 467962633 701900203 730006660 932086 930889 141933920 146611924 911996 869628 931777168 1024099105 63621039 69533097 448378452 527911761 511999491 597444858 X 419777677 426654247 419777677 426654247 931777168 1024099105 X 1232090 5644480 X false true X true false 1197969293 467962633 730006660 730006660 INV IN ASSOC ORG - PATRONAGE CAPITAL 139986255 C INV IN ASSOC ORG - CAPITAL TERM CERT 3549238 C OTHER 3076431 C 146611924 X 424651316 424651316 1517627 1517627 426168943 406870555 406870555 18066298 18066298 424936853 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. SCHEDULE D, PAGE 4, PART XI, LINE 4B CONTRIBUTIONS IN AID TO CONSTRUCTION 5,461,051 PATRONAGE CAP CASH TO ACCRUAL ADJ -4,228,961 EXP NETTED AGAINST REV ON TAX RETURN 43,079 INC (EXP) RECLASSES ON TAX RETURN 242,458 SCHEDULE D, PAGE 4, PART XII, LINE 4B NON-CASH PATRONAGE ALLOC ADJ 17,780,761 EXP NETTED AGAINST REV ON TAX RETURN 43,079 INC (EXP) RECLASSES ON TAX RETURN 242,458 false GERMANNA COMMUNITY COLLEGE PO BOX 1430 LOCUST GROVE VA 22508 541379348 10000 COMMUNITY GRANT SCHEDULE I, PAGE 1, PART I, LINE 2 THERE IS AN ADOPTED BOARD POLICY FOR DONATIONS. IN GENERAL, THE CEO IS ONLY AUTHORIZED TO APPROVE REQUESTS OF 2,500 OR LESS. THOSE REQUESTS FOR GREATER THAN 2,500 ARE SUBMITTED TO THE BOARD. DONATIONS WILL BE GRANTED IN GENERAL PROPORTION TO NUMBER OF MEMBERS IN EACH COUNTY IN REC'S TERRITORY. ONLY 501 (C) 3 ORGANIZATIONS ARE ELIGIBLE (NO INDIVIDUALS). THESE ORGANIZATIONS HAVE TO BE LOCATED IN AND AROUND REC'S SERVICE TERRITORY AND PROVIDE SERVICES TO OUR MEMBERS OR EMPLOYEES. FINALLY, THE ORGANIZATION AND CAUSE MUST HAVE BROAD COMMUNITY SUPPORT, ADDRESS SPECIFIC COMMUNITY NEEDS, AND DEMONSTRATE FISCAL AND ADMINISTRATIVE STABILITY. X X X X X X false true false KENT D FARMER FORMER PRES & CEO 859769 36494 981076 110925 16500 2004764 JOHN D HEWA PRESIDENT & CEO 573659 500 9377 71763 16500 671799 DAVID F KOOGLER SENIOR VP-MEMBER SER 369695 500 8837 71763 16500 467295 RONALD W HARRIS SENIOR VP-ENG & OPS 335903 500 8419 71763 16500 433085 LAWRENCE G ANDREWS VP - CORPORATE SERV 235795 5500 2627 45480 16500 305902 JOHN S CRAWFORD MGR DIR SAFETY, RISK 213345 3500 17112 48350 2103 284410 MARC L SEAY MGR DIR IT & SEC 204547 3000 5160 47916 16500 277123 PATRICIA J HATCHER MGR DIR HR 204030 5500 15513 44680 3102 272825 LESSETTA BROCK MGR DIR ENG & POWER 197866 1500 7163 44305 16500 267334 DAVID M ROZELL MGR DIR REGIONAL OPS 200147 500 3416 44751 16500 265314 JOHN ARP VP ENG & OPERATIONS 182133 500 818 41946 16500 241897 BRUCE BOWE ASSISTANT TREAS 155401 500 472 36708 16500 209581 PETER MUHORO VP - STRATEGY & TECH 142459 500 2313 30362 6634 182268 SCHEDULE J, PAGE 1, PART I, LINE 4 KENT D. FARMER 0 967,227 0 SCHEDULE J, PART III DURING 2004, RAPPAHANNOCK ELECTRIC COOPERATIVE ADOPTED THE QUALIFIED PENSION PLAN AS FURTHER DESCRIBED BELOW. UNDER THE VESTING PROVISIONS PROVIDED IN THE PLAN, KENT FARMER VESTED IN THE PLAN DURING 2017 UPON REACHING AGE 60 WITH 38 YEARS OF SERVICE. THIS BENEFIT HAS BEEN ACCRUED AND EXPENSED ACCORDINGLY OVER THE LIFE OF THE PLAN. NO ADDITIONAL EXPENSE WAS RECOGNIZED BY THE COOPERATIVE AS A RESULT OF THE PAYMENT OF THE VESTED AMOUNT. THE VESTED AMOUNT OF 967,227 FOR KENT FARMER HAS BEEN INCLUDED AS PART OF OTHER COMPENSATION ON SCHEDULE J, PART II, COLUMN B (III) OTHER REPORTABLE COMPENSATION. THIS AMOUNT IS ALSO REFLECTED ON THE FORM 990 PART VII COLUMN D AS REPORTABLE COMPENSATION. RAPPAHANNOCK ELECTRIC COOPERATIVE IS A PARTICIPATING EMPLOYER IN THE RETIREMENT SECURITY PLAN SPONSORED BY THE NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION (NRECA)(THE "QUALIFIED PENSION PLAN"). THE COOPERATIVE ALSO MAINTAINS THE SEVERANCE PAY PENSION RESTORATION PLAN ("SEVERANCE PRP") AND THE DEFERRED COMPENSATION PENSION RESTORATION PLAN (THE "DEFERRED COMPENSATION PRP") FOR THOSE OF ITS KEY MANAGEMENT AND HIGHLY COMPENSATED EMPLOYEES WHOSE BENEFITS UNDER THE QUALIFIED PENSION PLAN ARE RESTRICTED BECAUSE OF MAXIMUM LIMITS ON BENEFITS OR COMPENSATION THAT MAY BE PROVIDED BY THE QUALIFIED PENSION PLAN. 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 DARLENE H CARPENTER 30,300 4,500 34,800 SANFORD REAVES, JR. 30,300 7,750 38,050 JESSE R THOMAS, JR. 30,500 6,000 36,500 CHRISTOPHER G SHIPE 35,500 0 35,500 EUGENE L CAMPBELL, JR. 30,300 8,000 38,300 LINDA R GRAY 30,300 3,700 34,000 J. MARK WOOD 30,700 1,500 32,200 MICHAEL W LINDSAY 30,600 1,500 32,100 WILLIAM C FRAZIER 30,500 0 30,500 TOTAL 279,000 32,950 311,950 FORM 990, PART XI, LINE 9 NON-CASH PATRONAGE ALLOCATIONS NOT REV PER IRS 4,228,961 PAT DIV PAID TO MEMBERS' ACCTS NOT EXP PER GAAP 17,780,761 CONTRIBUTIONS IN AID OF CONST NOT REV PER GAAP -5,461,051 NET RETIREMENT OF CAPITAL CREDITS -10,705,929 NET CHANGE IN OCI -198,262 TOTAL 5,644,480 PROJECT BIG HEART PO BOX 7388 FREDERICKSBURG VA 22404 541681276 CHAR. GIV. VA 3 7 RAPP EC true COMM AWARENESS OF RAP ELEC CHARITY PO BOX 7388 FREDERICKSBURG VA 22404 203160667 CHAR. GIV. VA 3 7 RAPP EC true RAPPAHANNOCK ELECTRIC COMM INC PO BOX 8059 FREDERICKSBURG VA 22404 541509322 MARKETING VA REC C CORP -1197 431801 1.00000 true false true false false false false false false false false false true false true false false false false false