2016-08-11T12:37:42-07:00 2015-12-31 990 2015-01-01 541135340 Rappahannock Electric Cooperative RAPP 5408988500 P O Box 7388 Fredericksburg VA 224047388 KENT D FARMER PRESIDENT AND C.E.O. 5408988500 2016-08-09 2015 2016-12-15 16:53:06Z KENT D FARMER P O Box 7388 Fredericksburg VA 22404 470906055 false X www.myrec.coop X 1980 VA Sale and distribution of electricity to the members of Rappahannock Electric Cooperative. 11 11 414 0 65753 3209192 480852 440382490 467853545 448669 495614 1168114 966696 445208465 469796707 42519 52790 15038892 14918181 38739767 37862511 0 0 390190454 416576959 444011632 469410441 1196833 386266 840369888 892036029 485025796 524267432 355344092 367768597 Enhance the lives of the members and communities we serve by false false DISTRIBUTED ELECTRICITY TO 161,186 MEMBERS CONNECTED 1,977 NEW SERVICES ENERGIZED 197 ADDITIONAL MILES OF LINE false false false false false false false false false false true false true false false false false true false false false false false false false false false true false true false false false false false false false false false false false false false true true true false true 183 0 true 414 true true true false false false false false false false false 462256776 7728048 false X 11 11 false false false false true true true true true false false true true true true true true true true false VA X THE COOPERATIVE 5408988500 247 Industrial Ct Fredericksburg VA 22408 DARLENE H CARPENTER Chairman 21.00 X X 48000 0 0 LINDA R GRAY Secretary 20.00 X X 42100 0 0 CHRISTOPHER G SHIPE Vice Chairman 15.00 X X 33800 0 0 THOMAS T GRADY Treasurer 15.00 X X 36000 0 0 WILLIAM M ALPHIN Director 14.00 X 29600 0 0 FRANK B BOXLEY JR Director 5.00 X 35100 0 0 WILLIAM C FRAZIER Director 24.00 X 33200 0 0 JOHN C LEVASSEUR Director 12.00 X 40500 0 0 WILLIAM E LANE Director 12.00 X 38500 0 0 MICHAEL W LINDSAY Director 20.00 X 40200 0 0 RICHARD C OLIVER Director 8.00 X 30700 0 0 KENT D FARMER President and CEO 60.00 X 653428 0 141114 CRAIG B LEWIS Vice President of Corp Serv 50.00 X 299548 0 53924 DAVID F KOOGLER Vice President of Customer Service 50.00 X 286412 0 65499 RONALD W HARRIS Vice President of Eng & Ops 40 X 192079 49077 DEANNA C KURZ Assistant Secretary 40 X 127132 25239 STEPHEN C HEADLEY Assistant Treasurer 40 X 152490 46523 LLOYD R BYWATERS District Mgr Bowling Green 40 X 193378 37109 STERLING F SCHOONOVER JR Manager Member Services 40 X 179382 43753 JOSEPH K GILKERSON Manager Human Resources 40 X 172624 35876 JOHN S CRAWFORD District Mgr Blue Ridge 50 X 169863 48539 MATTHEW A FAULCONER Mgr of External Affairs 50 X 171012 48708 3005048 595361 131 false true false Wolf Tree Experts Inc P O Box 415000-0046 Nashville TN 372410046 Right-of-way maintenance 4274887 Lockheed Martin Government Inc P O Box 13522 Newark NJ 071883522 Information technology services 4058449 C W Wright Construction Co Inc P O Box 3810 Chester VA 23831 New line construction 4041204 Lewis Tree Service Inc P O Box 731897 Dallas TX 753731897 Right-of-way maintenance 3144041 Mastec North America Inc P O Box 591578 Houston TX 77259 New line construction 1112147 24 480852 480852 Sale of electric energy 221000 456128971 Other electric revenue 221000 6262479 Cont in aid of construction 221000 4436279 Patronage capital 221000 1025816 467853545 645606 645606 953226 6238 946988 946988 46045 900943 932831 1082823 -149992 -149992 -149992 23715 20287 3428 3428 Electrical services 541900 13455 13455 Training services 611600 2825 2825 16280 469796707 467703553 65753 1546549 52790 14918181 2500165 24455738 4204355 3936010 2766243 146271 113470 965627 1788018 4489440 498606 271549 17681286 29190248 652335 Purchased power 337006953 Distribution exp-maintenance 13078820 Distribution exp-operations 7200931 Other miscellaneous exp 3493405 469410441 X 4826954 3520998 3032261 39736901 27846640 30360957 15582 9235 5952465 5865413 44620153 38410854 997944124 368915236 632871377 629028888 1782734 1782665 1386969 1393613 118034753 122384598 19541907 840369888 892036029 77614258 75952664 407411538 448314768 485025796 524267432 X 355344092 367768597 355344092 367768597 840369888 892036029 X 386266 12038239 X X false true X true false false 997944124 368915236 629028888 629028888 ODEC pat capital assigned 109286098 C CFC pat capital certificates 1528944 C CoBank Class E stock 4682248 C Other 2473272 C Subscription cap term cert 2456879 C Loan cap term cert-int 916150 C Loan cap term cert-nonint 541007 C Member cap securities 500000 C 122384598 true Project Big Heart P O Box 7388 Fredericksburg VA 22404 541681276 501(c)(3) 8000 0 0 Charitable giving within community Community Awareness of Rappahannock Electric Charity P O Box 7388 Fredericksburg VA 22404 203160667 501(c)(3) 6000 0 0 Charitable giving within community The Virginia Foundation for Community College Education 300 Arboretum Place Suite 200 Richmond VA 23236 237004354 501(c)(3) 10000 0 0 Provide access to education 3 Pt 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 organizations and causes must have broad community support, address specific community needs, and demonstrate fiscal and administrative stability. X X X X false true false KENT D FARMER 653428 126749 14365 794542 CRAIG B LEWIS 299548 51134 2790 353472 DAVID F KOOGLER 286412 51134 14365 351911 RONALD W HARRIS 192079 34712 14365 241156 DEANNA C KURZ 127132 22533 2706 152371 STEPHEN C HEADLEY 152490 32158 14365 199013 LLOYD R BYWATERS 193378 34092 3017 230487 STERLING F SCHOONOVER JR 179382 34343 9410 223135 JOSEPH K GILKERSON 172624 32149 3727 208500 JOHN S CRAWFORD 169863 34174 14365 218402 MATTHEW A FAULCONER 171012 34343 14365 219720 Pt I Line 4b Kent D Farmer - $4,100 Pt VI, Line 6 Any person or other legal entity who is able to enter into a legally binding contract will become a member of REC upon receipt of electric service from REC. Pt VI, Line 7a In any election for Board Director, 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. Pt VI, Line 7b An action by the Board of Directors such as amending the Bylaws has to be adopted by an affirmative vote of not less than two-thirds of the members present in person or by proxy at any annual or special meeting of the members. Pt 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. REC's management reviews the Form 990 with the Board and answers any questions brought to their attention. Pt VI, Line 12c REC's conflict of interest questionaire is given out in February for the most current previous year and is filled out, signed and returned within two months. Pt VI, Line 15a REC's C.E.O. is reviewed by the Board of Directors for merit evaluation. Market adjustments are determined through Human Resources using comparable data. Pt VI, Line 15b REC's other officers and key employees are reviewed by direct supervisors for merit evaluation. Market adjustments are determined through Human Resources using comparable data. Pt VI, Line 18 The Forms 990 and 990-T are available upon request. There is time and payment required for copying the forms. Pt VI, Line 19 REC's bylaws and audited financial statements are available upon request. These documents are readily available when requested and usually do not require time for copying or expense reimbursement. Pt XI Decrease in Memberships (3,765) ; Retirement of Patronage Capital (2,866,833) ; Contributions in Aid of Construction (4,436,279) ; Postretirement Benefit Plan Gain 25,754 ; Difference in Cash Pat. Capital vs. Total Pat. Capital 4,401,181 ; Allocation of prior year's margins to members' Pat. Capital accounts 14,918,181 all totals to 12,038,239 Pt XII, Line 2c No change was made to this procedure from the prior year. Pt X Line 10a cell could not accommodate grand total, so Land was moved to Line 15, Other Assets. Pt XII, Line 3b There were no federal awards in 2015. Project Big Heart P O Box 7388 Fredericksburg VA 22404 541681276 Charitable giving within community VA 501(c)(3) 7 NA false Community Awareness of Rappahannock Electric Charity P O Box 7388 Fredericksburg VA 22404 203160667 Charitable giving within community VA 501(c)(3) 7 NA false Rappahannock Electric Communications Inc P O Box 8059 Fredericksburg VA 22404 541509322 Markets and sells products & services VA Rapp Elec Co-op C -746 432583 1.00000 true false true false false false false false false false false false true false true false false false false false