RAPPAHANNOCK ELECTRIC COOPERATIVE: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- RAPPAHANNOCK ELECTRIC COOPERATIVE (EIN 54-1135340)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-08-12
- IRS object ID
- 201512249349301606
- Schema version
- 2014v5.0
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-08-12T08:51:03-07:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541135340 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rappahannock Electric Cooperative | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RAPP | BusinessNameControlTxt |
| Phone | 5408988500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 7388 | AddressLine1Txt |
| City | Fredericksburg | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 224047388 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KENT D FARMER | PersonNm |
| Person Title | PRESIDENT AND CEO | PersonTitleTxt |
| Phone | 5408988500 | PhoneNum |
| Signature | 2015-08-12 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KENT D FARMER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 7388 | AddressLine1Txt |
| City | Fredericksburg | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22404 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $445,247,789 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.myrec.coop | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1980 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | Sale and distribution of electricity to the members of Rappahannock Electric Cooperative. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 446 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $106,684 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $71,664 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,428,970 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,209,192 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $406,484,156 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $440,382,490 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,573,514 | PYInvestmentIncomeAmt |
| CY Investment Income | $448,669 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,201,068 | PYOtherRevenueAmt |
| CY Other Revenue | $1,168,114 | CYOtherRevenueAmt |
| PY Total Revenue | $415,687,708 | PYTotalRevenueAmt |
| CY Total Revenue | $445,208,465 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $48,145 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $42,519 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $16,839,974 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $15,038,892 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $39,595,370 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $38,739,767 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $359,396,687 | PYOtherExpensesAmt |
| CY Other Expenses | $390,190,454 | CYOtherExpensesAmt |
| PY Total Expenses | $415,880,176 | PYTotalExpensesAmt |
| CY Total Expenses | $444,011,632 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$192,468 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,196,833 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $829,378,390 | TotalAssetsBOYAmt |
| Total Assets EOY | $840,369,888 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $486,099,707 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $485,025,796 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $343,278,683 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $355,344,092 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Enhance the lives of the members and communities we serve by | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | DISTRIBUTED ELECTRICITY TO 159,317 MEMBERS | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONNECTED 1,514 NEW SERVICES | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ENERGIZED 67 ADDITIONAL MILES OF UNDERGROUND LINE | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | 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 | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| 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 With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| 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 | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 187 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 446 | 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 |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Members And Shr Gross Income | $435,243,299 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $9,107,660 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | 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 | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THE COOPERATIVE | PersonNm |
| Phone | 5408988500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 247 Industrial Ct | AddressLine1Txt |
| City | Fredericksburg | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22408 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| DARLENE H CARPENTER | |||||||
| Chairman | 15.00 | Yes (X) | Yes (X) | $46,075 | $39,550 | $0 | |
| LINDA R GRAY | |||||||
| Vice Chairman | 12.50 | Yes (X) | Yes (X) | $41,175 | $0 | $0 | |
| CHRISTOPHER G SHIPE | |||||||
| Secretary | 10.00 | Yes (X) | Yes (X) | $31,775 | $0 | $0 | |
| THOMAS T GRADY | |||||||
| Treasurer | 10.00 | Yes (X) | Yes (X) | $32,975 | $0 | $0 | |
| WILLIAM M ALPHIN | |||||||
| Director | 12.00 | Yes (X) | $30,275 | $0 | $0 | ||
| FRANK B BOXLEY JR | |||||||
| Director | 8.50 | Yes (X) | $37,475 | $0 | $0 | ||
| WILLIAM C FRAZIER | |||||||
| Director | 20.00 | Yes (X) | $30,975 | $0 | $0 | ||
| JOHN C LEVASSEUR | |||||||
| Director | 12.00 | Yes (X) | $41,275 | $0 | $0 | ||
| WILLIAM E LANE | |||||||
| Director | 12.00 | Yes (X) | $37,575 | $0 | $0 | ||
| MICHAEL W LINDSAY | |||||||
| Director | 12.00 | Yes (X) | $36,375 | $0 | $0 | ||
| RICHARD C OLIVER | |||||||
| Director | 8.00 | Yes (X) | $30,675 | $0 | $0 | ||
| KENT D FARMER | |||||||
| President and CEO | 70.00 | Yes (X) | $634,843 | $0 | $123,745 | ||
| CRAIG B LEWIS | |||||||
| Vice President of Corp Serv | 50.00 | Yes (X) | $269,595 | $0 | $63,854 | ||
| DAVID F KOOGLER | |||||||
| Vice President of Customer Service | 40.00 | Yes (X) | $265,465 | $0 | $63,854 | ||
| TIMOTHY C MARTIN | |||||||
| Vice President of Eng & Ops | 40 | Yes (X) | $257,909 | $63,854 | |||
| DEANNA C KURZ | |||||||
| Assistant Secretary | 40 | Yes (X) | $125,418 | $24,491 | |||
| STEPHEN C HEADLEY | |||||||
| Assistant Treasurer | 40 | Yes (X) | $156,160 | $46,059 | |||
| LLOYD R BYWATERS | |||||||
| District Mgr Bowling Green | 40 | $188,964 | $35,878 | Yes (X) | |||
| STERLING F SCHOONOVER JR | |||||||
| Manager Member Services | 40 | $180,612 | $42,966 | Yes (X) | |||
| ROBERT W BEARD | |||||||
| District Mgr Culpeper | 40 | $177,123 | $48,488 | Yes (X) | |||
| JOHN S CRAWFORD | |||||||
| District Mgr Blue Ridge | 50 | $174,995 | $46,735 | Yes (X) | |||
| MATTHEW A FAULCONER | |||||||
| Mgr of External Affairs | 45 | $170,945 | $47,108 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,998,654 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $39,550 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $607,032 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 126 | 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 |
|---|---|---|---|---|---|
| C W Wright Construction Co Inc | |||||
| P O Box 3810 | Chester | VA | 23831 | New line construction | $4,717,227 |
| Lockheed Martin Government Inc | |||||
| P O Box 13522 | Newark | NJ | 071883522 | Information technology services | $3,930,702 |
| Wolf Tree Experts Inc | |||||
| P O Box 415000-0046 | Nashville | TN | 372410046 | Right-of-way maintenance | $3,648,972 |
| Lewis Tree Service Inc | |||||
| P O Box 731897 | Dallas | TX | 753731897 | Right-of-way maintenance | $3,402,275 |
| A D Whittaker Const Co | |||||
| P O Box 6190 | Ashland | VA | 230056190 | New construction | $1,361,328 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 22 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $3,209,192 | GovernmentGrantsAmt |
| Total Contributions | $3,209,192 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt |
|---|---|---|
| Sale of electric energy | 221000 | $429,433,451 |
| Other electric revenue | 221000 | $5,923,022 |
| Cont in aid of construction | 221000 | $3,818,681 |
| Patronage capital | 221000 | $1,207,336 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $440,382,490 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $282,730 | TotalRevenueColumnAmt |
| Exclusion | $282,730 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $941,542 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $6,420 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | $935,122 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $935,122 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $62,596 | UnrelatedBusinessRevenueAmt |
| Exclusion | $872,526 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $174,540 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $8,601 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $165,939 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $165,939 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $165,939 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $29,016 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $24,303 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,713 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $4,713 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|
| Electrical services | 541900 | $32,456 | $32,456 |
| Training services | 611600 | $3,682 | $3,682 |
| Admin and support | 561000 | $3,237 | $3,237 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $188,904 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $188,904 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $228,279 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $445,208,465 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $440,737,333 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $106,684 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,155,256 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,519 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,038,892 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,491,875 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,298,930 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,149,233 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,936,010 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,863,719 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $179,917 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,930 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,076,667 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,735,809 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,222,151 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $417,606 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $228,552 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,976,995 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,883,674 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $644,847 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| Purchased power | $313,892,767 |
| Distribution exp-maintenance | $13,124,102 |
| Other miscellaneous exp | $3,964,294 |
| Distribution exp-operations | $5,734,143 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $444,011,632 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,569,731 | BOYAmt |
| EOY | $4,826,954 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,552 | BOYAmt |
| EOY | $3,032,261 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,735,630 | BOYAmt |
| EOY | $27,846,640 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,189 | BOYAmt |
| EOY | $15,582 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,495,899 | BOYAmt |
| EOY | $5,952,465 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,465,064 | BOYAmt |
| EOY | $44,620,153 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $983,958,627 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $351,087,250 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $618,773,427 | BOYAmt |
| EOY | $632,871,377 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,782,621 | BOYAmt |
| EOY | $1,782,734 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,318,062 | BOYAmt |
| EOY | $1,386,969 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,198,215 | BOYAmt |
| EOY | $118,034,753 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $829,378,390 | BOYAmt |
| EOY | $840,369,888 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,832,384 | BOYAmt |
| EOY | $77,614,258 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $394,267,323 | BOYAmt |
| EOY | $407,411,538 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $486,099,707 | BOYAmt |
| EOY | $485,025,796 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $343,278,683 | BOYAmt |
| EOY | $355,344,092 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $343,278,683 | BOYAmt |
| EOY | $355,344,092 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $829,378,390 | BOYAmt |
| EOY | $840,369,888 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,196,833 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $10,868,576 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $19,158,487 | OtherCostOrOtherBasisAmt |
| Book Value | $19,158,487 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $964,800,140 | OtherCostOrOtherBasisAmt |
| Depreciation | $351,087,250 | DepreciationAmt |
| Book Value | $613,712,890 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $632,871,377 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (8 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| ODEC pat capital assigned | $105,433,845 | C |
| CFC pat capital certificates | $1,472,888 | C |
| CoBank Class E stock | $4,280,672 | C |
| Other | $2,382,744 | C |
| Subscription cap term cert | $2,456,879 | C |
| Loan cap term cert-int | $916,150 | C |
| Loan cap term cert-nonint | $591,575 | C |
| Member cap securities | $500,000 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $118,034,753 | TotalBookValueProgramRltdAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Project Big Heart | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 7388 | AddressLine1Txt |
| City | Fredericksburg | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22404 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 541681276 | RecipientEIN |
| IRC Section | 501(c)(3) | IRCSectionDesc |
| Cash Grant | $6,000 | CashGrantAmt |
| Valuation Method Used | 0 | ValuationMethodUsedDesc |
| Non Cash Assistance | 0 | NonCashAssistanceDesc |
| Purpose Of Grant | Charitable giving within community | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt I Line 2 | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|
| KENT D FARMER | |||
| $634,843 | $109,380 | $14,365 | $758,588 |
| CRAIG B LEWIS | |||
| $269,595 | $49,489 | $14,365 | $333,449 |
| DAVID F KOOGLER | |||
| $265,465 | $49,489 | $14,365 | $329,319 |
| TIMOTHY C MARTIN | |||
| $257,909 | $49,489 | $14,365 | $321,763 |
| STEPHEN C HEADLEY | |||
| $156,160 | $31,694 | $14,365 | $202,219 |
| LLOYD R BYWATERS | |||
| $188,964 | $32,925 | $2,953 | $224,842 |
| STERLING F SCHOONOVER JR | |||
| $180,612 | $33,546 | $9,420 | $223,578 |
| ROBERT W BEARD | |||
| $177,123 | $34,123 | $14,365 | $225,611 |
| JOHN S CRAWFORD | |||
| $174,995 | $32,914 | $13,821 | $221,730 |
| MATTHEW A FAULCONER | |||
| $170,945 | $32,743 | $14,365 | $218,053 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt I Line 4b | FormAndLineReferenceDesc |
| Explanation | Kent D Farmer - $4,100 | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 (3,415) ; Retirement of Patronage Capital (2,813,183) ; Contributions in Aid of Construction (3,818,681) ; Contributions in Aid of Construction-SmartGrid Investment Grant (979,786) ; Postretirement Benefit Plan Loss (67,075) ; Difference in Cash Pat. Capital vs. Total Pat. Capital 3,511,824 ; Allocation of prior year's margins to members' Pat. Capital accounts 15,038,892 all totals to 11,057,480 |
| Pt XII, Line 2c | No change was made to this procedure from the prior year. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rappahannock Electric Communications Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 8059 | AddressLine1Txt |
| City | Fredericksburg | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22404 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541509322 | EIN |
| Primary Activities | Markets and sells products & services | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rapp Elec Co-op | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $188,904 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $491,698 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (true) | 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 | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |