CRAIG-BOTETOURT ELECTRIC CO-OPERATIVE: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: CRAIG-BOTETOURT ELECTRIC CO-OPERATIVE (EIN 54-0183175)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-03-28
IRS object ID: 201910879349300306
Schema version: 2018v3.1
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

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-03-28T09:19:07-05:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	540504608	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BROWN EDWARDS & COMPANY LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	319 MCCLANAHAN ST SW	AddressLine1Txt
City	ROANOKE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24014	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2018-01-01	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 COOPERATIVE	BusinessNameLine1Txt

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	SHAWN C HILDEBRAND	PersonNm
Person Title	CHIEF EXECUTIVE OFFICER	PersonTitleTxt
Phone	5408645121	PhoneNum
Signature	2019-02-22	SignatureDt

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	M C WINGFIELD	PreparerPersonNm
PTIN	P00005971	PTIN
Phone	5403450936	PhoneNum
Preparation	2019-02-22	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	206.248.228.130	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-02-22	IPDt
IP Tm	20:31:17	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	F75A4857B52D28EE9D0B6B28B386CC6B9346B41E	AtSubmissionCreationDeviceId
At Submission Filing Device Id	CE530EA759AC3AF6BB0EECEF8950573E07121913	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	SHAWN C HILDEBRAND	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	$13,228,024	GrossReceiptsAmt
Group Return For Affiliates	0	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	30	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$11,956,559	PYProgramServiceRevenueAmt
CY Program Service Revenue	$13,056,855	CYProgramServiceRevenueAmt
PY Investment Income	$182,119	PYInvestmentIncomeAmt
CY Investment Income	$171,169	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$12,138,678	PYTotalRevenueAmt
CY Total Revenue	$13,228,024	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$488,704	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$384,468	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$391,795	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$401,068	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$10,943,487	PYOtherExpensesAmt
CY Other Expenses	$12,072,126	CYOtherExpensesAmt
PY Total Expenses	$11,823,986	PYTotalExpensesAmt
CY Total Expenses	$12,857,662	CYTotalExpensesAmt
PY Revenues Less Expenses	$314,692	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$370,362	CYRevenuesLessExpensesAmt
Total Assets BOY	$30,968,900	TotalAssetsBOYAmt
Total Assets EOY	$32,892,039	TotalAssetsEOYAmt
Total Liabilities BOY	$18,146,686	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$19,801,461	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$12,822,214	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$13,090,578	NetAssetsOrFundBalancesEOYAmt
Mission	SALE AND DISTRIBUTION OF ELECTRICITY TO MEMBERS	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Revenue	$12,935,333	RevenueAmt
Desc	SALE AND DISTRIBUTION OF ELECTRICITY TO MEMBERS	Desc
Described In Section501c3	0	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	16	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	30	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Members And Shr Gross Income	$12,764,163	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$140,908	OtherSourcesGrossIncomeAmt
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	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	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	Yes (1)	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE COOPERATIVE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
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

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
CLELL R CLEMONS JR
ASST SECRETARY/TREASURER	2.60	Yes (X)	Yes (X)	$5,400	$0	$0
FRANK R GARMAN JR
SECRETARY/TREASURER	2.31	Yes (X)	Yes (X)	$5,600	$0	$0
JAMES E HUFFMAN
DIRECTOR	6.63	Yes (X)		$6,800	$0	$0
PATRICK J RYAN
DIRECTOR	3.15	Yes (X)		$6,200	$0	$0
JC WINSTEAD
VICE PRESIDENT	2.97	Yes (X)	Yes (X)	$5,200	$0	$0
JASPER B PERSINGER JR
PRESIDENT	2.63	Yes (X)	Yes (X)	$5,200	$0	$0
SHAWN HILDEBRAND
CHIEF EXECUTIVE OFFICER	40.00		Yes (X)	$155,143	$0	$52,245

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$189,543	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$52,245	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
ASPLUNDH
PO BOX 532729	ATLANTA	GA	303532729	RIGHT OF WAY CLEARING	$833,032
DAVIS H ELLIOT
PO BOX 37251	BALTIMORE	MD	219273251	CONSTRUCTION AND REPAIR OF LINES	$691,617

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	2	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	ExclusionExclusionAmt
ELECTRICITY TO MEMBERS	221000	$12,634,973	$12,634,973
POLE RENTAL	221000	$292,692		$292,692
CONTRIBUTIONS IN AID	221000	$99,678	$99,678
PATRONAGE ALLOCATION	221000	$29,512	$29,512

Field	Value	IRS element (for citing)
Total Program Service Revenue	$13,056,855	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$140,908	TotalRevenueColumnAmt
Related Or Exempt Func Income	$140,908	RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$30,261	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	$30,261	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$30,261	TotalRevenueColumnAmt
Related Or Exempt Func Income	$30,261	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$13,228,024	TotalRevenueColumnAmt
Related Or Exempt Func Income	$12,935,332	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$292,692	ExclusionAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$384,468	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$184,343	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$165,696	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$51,029	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$134,824	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,602	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$128,065	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$52,199	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$27,055	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$3,717	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$38,722	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$811,086	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$31,110	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,062,436	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$60,215	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
COST OF POWER	$6,305,377
DISTRIBUTION MAINTENANC	$1,621,694
DISTRIBUTION OPERATION	$1,033,152
CONSUMER ACCOUNTS	$478,025

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$282,847	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$12,857,662	TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$606,824	BOYAmt
EOY	$901,167	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,311,683	BOYAmt
EOY	$1,389,308	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$321,162	BOYAmt
EOY	$316,806	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$793,640	BOYAmt
EOY	$625,781	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$40,931,768	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$11,948,008	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$27,271,311	BOYAmt
EOY	$28,983,760	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$651,524	BOYAmt
EOY	$662,892	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$12,756	BOYAmt
EOY	$12,325	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$30,968,900	BOYAmt
EOY	$32,892,039	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,436,322	BOYAmt
EOY	$1,442,678	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$16,344,767	BOYAmt
EOY	$18,006,348	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$365,597	BOYAmt
EOY	$352,435	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$18,146,686	BOYAmt
EOY	$19,801,461	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$12,822,214	BOYAmt
EOY	$13,090,578	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$12,822,214	BOYAmt
EOY	$13,090,578	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$30,968,900	BOYAmt
EOY	$32,892,039	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$370,362	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	-$101,998	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$132,917	OtherCostOrOtherBasisAmt
Book Value	$132,917	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$883,132	OtherCostOrOtherBasisAmt
Depreciation	$383,282	DepreciationAmt
Book Value	$499,850	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$39,915,719	OtherCostOrOtherBasisAmt
Depreciation	$11,564,726	DepreciationAmt
Book Value	$28,350,993	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$28,983,760	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
CONSUMER DEPOSITS	$231,526
DEFERRED CREDITS	$120,909

Field	Value	IRS element (for citing)
Total Liability	$352,435	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$13,128,347	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$13,128,347	RevenueSubtotalAmt
Other Revenues Not Included	$99,678	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$99,678	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$13,228,025	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$12,473,192	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$12,473,192	ExpensesSubtotalAmt
Other Expenses Not Included	$384,470	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$384,470	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$12,857,662	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART XI, LINE 4B - OTHER ADJUSTMENTS:	CONTRIBUTIONS IN AID 99,678.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	PATRONAGE DIVIDENDS PAID 384,470.

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	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	SHAWN HILDEBRAND	PersonNm
Title	CHIEF EXECUTIVE OFFICER	TitleTxt
Base Compensation Filing Org	$155,143	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$0	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$0	BonusFilingOrganizationAmount
Bonus Related Organizations	$0	BonusRelatedOrganizationsAmt
Other Compensation Filing Org	$0	OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs	$0	OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org	$40,185	DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs	$0	DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org	$12,060	NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs	$0	NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org	$207,388	TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs	$0	TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org	$0	CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs	$0	CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 3	FormAndLineReferenceDesc
Explanation	THE COOPERATIVE FOCUSES ON COMPARABLE ELECTRIC COOPERATIVES IN THE NATION, REGION, AND STATE TO BENCHMARK GENERAL MANAGER 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.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, 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 MEMBERHSIP FEE OF $5.00.
FORM 990, PART VI, SECTION A, LINE 7A	EACH CONSUMER/MEMBER IS AFFORDED ONE VOTE ANNUALLY IN THE ELECTION OF SPECIFIED BOARD SEAT.
FORM 990, PART VI, SECTION A, LINE 7B	IN ACCORDANCE WITH THE COOPERATIVE'S BYLAWS, THE DECISION TO DISSOLVE THE COOPERATIVE WOULD BE SUBJECT TO APPROVAL BY MEMBERS.
FORM 990, PART VI, SECTION B, 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, PART VI, SECTION B, LINE 12C	ALL BOARD MEMBERS AND MANAGEMENT ARE REQUIRED TO SIGN A STATEMENT REVEALING ANY CONFLICT OF INTEREST AND THE ABSENCE THEREOF. THE STATEMENTS WILL BE SIGNED ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15A	THE COOPERATIVE FOCUSES ON COMPARABLE ELECTRIC COOPERATIVES IN THE NATION, REGION, AND STATE TO BENCHMARK GENERAL MANAGER 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, PART VI, SECTION C, 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 ELECTIC SERVICE. THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO MEMBERS AT THE COOPERATIVE'S ANNUAL MEETING AND UPON INDIVIDUAL REQUEST. THE COOPERATIVE'S CONFLICT OF INTEREST POLICY WOULD BE 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:	CHANGE IN MEMBERSHIPS 170. CONTRIBUTIONS IN AID -99,678. OTHER RETIREMENTS -2,490.