2020-11-03T13:43:01-06:00 2019-12-31 541320089 ADAMS JENKINS & CHEATHAM 231 WYLDEROSE DR MIDLOTHIAN VA 23113 990 2019-01-01 541135340 RAPPAHANNOCK ELECTRIC COOPERATIVE RAPP 247 INDUSTRIAL CT FREDERICKSBURG VA 22408 JOHN D HEWA PRESIDENT & CEO 2020-08-27 true G STEVEN GILLIAM CPA P00348264 8043231313 2020-11-02 72.84.234.34 2020-11-03 13:43:01 CS P ACA39D8962F2BB59B316BF06430B2B7C29AE552B 61A6FECD8215AA087FF7745E3D605B7EF8D8F4B6 2019 2021-04-22 16:20:28Z JOHN D HEWA 247 INDUSTRIAL CT FREDERICKSBURG VA 22408 472133703 false X WWW.MYREC.COOP X 1980 VA SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF RAPPAHANNOCK ELECTRIC COOPERATIVE 9 9 464 169137 37836 271687 453185554 468836454 -1102331 1412364 1176370 1228139 453259593 471748644 27650 31450 21334844 18522822 54802574 56056648 0 0 376921422 397160502 453086490 471771422 173103 -22778 935998307 931777168 529793799 511999491 406204508 419777677 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 307,394,326 OTHER SALARIES AND WAGES 41,366,836 DEPRECIATION 41,159,225 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 158 0 true 464 true true true false false false false 462218746 8584268 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 X THE COOPERATIVE 5408988500 247 INDUSTRIAL CT FREDERICKSBURG VA 22408 X KENT D FARMER FORMER PRES 70.00 12.00 X 1083371 0 178017 JOHN D HEWA PRESIDENT & 60.00 0.00 X 520901 0 85045 DAVID F KOOGLER VP-MEMBER SE 60.00 2.00 X 346571 0 87917 RONALD W HARRIS VP-ENG & OPE 60.00 0.00 X 312434 0 81545 JOHN S CRAWFORD MGR SAFETY, 50.00 0.00 X 213525 0 45703 DAVID M ROZELL MGR EAST REG 55.00 0.00 X 198340 0 58392 MARC L SEAY MGR IT & SEC 50.00 0.00 X 192569 0 59927 LAWRENCE G ANDREWS ASSISTANT TR 50.00 0.00 X 190693 0 58539 PATRICIA J HATCHER MGR HUMAN RE 50.00 0.00 X 204354 0 43004 SONDRA K SIEBER MGR MEMBER S 50.00 0.00 X 192436 0 49455 DEANNA C KURZ FORMER ASSIS 50.00 1.00 X 94332 0 14489 JESSE R THOMAS JR TREASURER 16.00 X X 42600 0 0 EUGENE L CAMPBELL JR DIRECTOR 15.00 X 41900 0 0 SANFORD REAVES JR DIRECTOR 12.00 3.00 X 41700 0 0 WHITNEY S WATTS ASSISTANT SE 45.00 1.00 X 34270 0 4890 DARLENE H CARPENTER DIRECTOR 20.00 21.00 X 38700 0 0 CHRISTOPHER G SHIPE CHAIRMAN 15.00 15.00 X X 37500 0 0 LINDA R GRAY DIRECTOR 20.00 5.00 X 37000 0 0 J MARK WOOD SECRETARY 15.00 X X 36900 0 0 MICHAEL W LINDSAY VICE CHAIRMA 20.00 X X 35800 0 0 WILLIAM C FRAZIER DIRECTOR 20.00 1.00 X 30824 0 0 3926720 766923 206 false true false LOCKHEED MARTIN CORP PO BOX 13522 NEWARK NJ 07188 IT SERVICES 4612330 WOLF TREE EXPERTS INC PO BOX 415000 NASHVILLE TN 37241 RIGHT OF WAY 4610141 XYLEM TREE EXPERTS 208 E PLUME ST SUITE 250 NORFOLK VA 23510 RIGHT OF WAY 3257233 LEWIS TREE SERVICE INC PO BOX 731897 DALLAS TX 75373 RIGHT OF WAY 2934121 CW WRIGHT CONSTRUCTION 11500 IRONBRIDGE RD CHESTER VA 23831 CONSTRUCTION 2787201 35 X 271687 271687 SALES OF ELECTRIC ENERGY 221000 460332270 460332270 CONTRIB IN AID OF CONSTR 221000 4472339 4472339 PATRONAGE ALLOCATIONS REC 221000 2145369 2145369 OTHER ELECTRIC REVENUE 221000 1886476 1886476 468836454 1771445 1771445 1114635 11207 1103428 1103428 43526 1059902 359081 -359081 -359081 -359081 19651 14771 4880 4880 ELECTRICAL SERVICES 221000 120731 120731 GAIN (LOSS) ON EQUITY INV 221000 -900 -900 119831 471748644 468835554 169137 2472266 X 31450 18522822 3435938 41366836 7650229 87692 3515953 214985 99599 1426422 5485069 723005 439662 18031587 41159225 546583 COST OF POWER 307394326 DISTRIBUTION - MAINT 22628804 DISTRIBUTION - OPERATION 6625132 CONSUMER ACCOUNTS 6374438 -13988335 471771422 0 0 0 5565307 3797373 31725860 8809975 57917373 50994285 5933654 5847716 14872166 16649614 1142589940 440689737 680747065 701900203 2198687 2343540 932986 932086 135136491 139590380 968718 911996 935998307 931777168 71297922 63621039 458495877 448378452 529793799 511999491 X 406204508 419777677 406204508 419777677 935998307 931777168 X -22778 13595947 X false true X true false 1142589940 440689737 701900203 701900203 INV IN ASSOC ORG - PATRONAGE CAPITAL 135756096 C INV IN ASSOC ORG - CAPITAL TERM CERT 3730854 C OTHER 103430 C 139590380 X 471101829 471101829 646815 646815 471748644 452579007 452579007 19192415 19192415 471771422 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 4,472,339 PATRONAGE CAP CASH TO ACCRUAL ADJ -4,495,117 EXP NETTED AGAINST REV ON TAX RETURN 25,978 INC (EXP) RECLASSES ON TAX RETURN 643,615 SCHEDULE D, PAGE 4, PART XII, LINE 4B NON-CASH PATRONAGE ALLOC ADJ 18,522,822 EXP NETTED AGAINST REV ON TAX RETURN 25,978 INC (EXP) RECLASSES ON TAX RETURN 643,615 false PROJECT BIG HEART PO BOX 7388 FREDERICKSBURG VA 22404 541681276 8000 CHARITABLE 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 733321 35090 314960 161517 16500 1261388 JOHN D HEWA PRESIDENT & CEO 511309 9592 68545 16500 605946 DAVID F KOOGLER VP-MEMBER SERV 338105 8466 71417 16500 434488 RONALD W HARRIS VP-ENG & OPERATIONS 304712 7722 65045 16500 393979 JOHN S CRAWFORD MGR SAFETY, RISK 196065 17460 44165 1538 259228 DAVID M ROZELL MGR EAST REGION 191089 4000 3251 41892 16500 256732 MARC L SEAY MGR IT & SECURITY 182796 5000 4773 43427 16500 252496 LAWRENCE G ANDREWS ASSISTANT TREASURER 184347 5000 1346 42039 16500 249232 PATRICIA J HATCHER MGR HUMAN RESOURCES 188690 15664 40222 2782 247358 SONDRA K SIEBER MGR MEMBER SERVICES 185614 6822 38623 10832 241891 SCHEDULE J, PAGE 1, PART I, LINE 4 KENT D. FARMER 0 298,366 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 298,366 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 APPROXIMATELY ONE MONTH BEFORE THE 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 18 GOVERNING DOCUMENTS AND POLICIES, AND AUDITED FINANCIAL STATEMENTS, ALONG WITH THE FORM 990, ARE AVAILABLE UPON REQUEST. BY-LAWS AND OTHER GOVERNING DOCUMENTS ARE ALSO AVAILABLE ON THE COOPERATIVE'S WEBSITE. 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. FORM 990, PART XI, LINE 9 NON-CASH PATRONAGE ALLOCATIONS NOT REV PER IRS 4,495,117 PAT DIV PAID TO MEMBERS' ACCTS NOT EXP PER GAAP 18,522,822 NET CHANGE IN OCI 105,564 CONTRIBUTIONS IN AID OF CONST NOT REV PER GAAP -4,472,339 NET RETIREMENT OF CAPITAL CREDITS -5,055,217 TOTAL 13,595,947 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 -900 432180 1.00000 true false true false false false false false false false false false true false true false false false false false