2015-08-12T08:51:03-07:00 2014-12-31 990 2014-01-01 541135340 Rappahannock Electric Cooperative RAPP 5408988500 P O Box 7388 Fredericksburg VA 224047388 KENT D FARMER PRESIDENT AND CEO 5408988500 2015-08-12 2014 2016-02-25 16:41:14Z KENT D FARMER P O Box 7388 Fredericksburg VA 22404 445247789 false X www.myrec.coop X 1980 VA Sale and distribution of electricity to the members of Rappahannock Electric Cooperative. 11 11 446 0 106684 71664 2428970 3209192 406484156 440382490 5573514 448669 1201068 1168114 415687708 445208465 48145 42519 16839974 15038892 39595370 38739767 0 0 359396687 390190454 415880176 444011632 -192468 1196833 829378390 840369888 486099707 485025796 343278683 355344092 Enhance the lives of the members and communities we serve by false false DISTRIBUTED ELECTRICITY TO 159,317 MEMBERS CONNECTED 1,514 NEW SERVICES ENERGIZED 67 ADDITIONAL MILES OF UNDERGROUND 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 187 0 true 446 true true true false false false false false false false false 435243299 9107660 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 X THE COOPERATIVE 5408988500 247 Industrial Ct Fredericksburg VA 22408 DARLENE H CARPENTER Chairman 15.00 X X 46075 39550 0 LINDA R GRAY Vice Chairman 12.50 X X 41175 0 0 CHRISTOPHER G SHIPE Secretary 10.00 X X 31775 0 0 THOMAS T GRADY Treasurer 10.00 X X 32975 0 0 WILLIAM M ALPHIN Director 12.00 X 30275 0 0 FRANK B BOXLEY JR Director 8.50 X 37475 0 0 WILLIAM C FRAZIER Director 20.00 X 30975 0 0 JOHN C LEVASSEUR Director 12.00 X 41275 0 0 WILLIAM E LANE Director 12.00 X 37575 0 0 MICHAEL W LINDSAY Director 12.00 X 36375 0 0 RICHARD C OLIVER Director 8.00 X 30675 0 0 KENT D FARMER President and CEO 70.00 X 634843 0 123745 CRAIG B LEWIS Vice President of Corp Serv 50.00 X 269595 0 63854 DAVID F KOOGLER Vice President of Customer Service 40.00 X 265465 0 63854 TIMOTHY C MARTIN Vice President of Eng & Ops 40 X 257909 63854 DEANNA C KURZ Assistant Secretary 40 X 125418 24491 STEPHEN C HEADLEY Assistant Treasurer 40 X 156160 46059 LLOYD R BYWATERS District Mgr Bowling Green 40 X 188964 35878 STERLING F SCHOONOVER JR Manager Member Services 40 X 180612 42966 ROBERT W BEARD District Mgr Culpeper 40 X 177123 48488 JOHN S CRAWFORD District Mgr Blue Ridge 50 X 174995 46735 MATTHEW A FAULCONER Mgr of External Affairs 45 X 170945 47108 2998654 39550 607032 126 false true false C W Wright Construction Co Inc P O Box 3810 Chester VA 23831 New line construction 4717227 Lockheed Martin Government Inc P O Box 13522 Newark NJ 071883522 Information technology services 3930702 Wolf Tree Experts Inc P O Box 415000-0046 Nashville TN 372410046 Right-of-way maintenance 3648972 Lewis Tree Service Inc P O Box 731897 Dallas TX 753731897 Right-of-way maintenance 3402275 A D Whittaker Const Co P O Box 6190 Ashland VA 230056190 New construction 1361328 22 3209192 3209192 Sale of electric energy 221000 429433451 Other electric revenue 221000 5923022 Cont in aid of construction 221000 3818681 Patronage capital 221000 1207336 440382490 282730 282730 941542 6420 935122 935122 62596 872526 174540 8601 165939 165939 165939 29016 24303 4713 4713 Electrical services 541900 32456 32456 Training services 611600 3682 3682 Admin and support 561000 3237 3237 188904 188904 228279 445208465 440737333 106684 1155256 42519 15038892 2491875 25298930 4149233 3936010 2863719 179917 108930 1076667 1735809 4222151 417606 228552 16976995 27883674 644847 Purchased power 313892767 Distribution exp-maintenance 13124102 Other miscellaneous exp 3964294 Distribution exp-operations 5734143 444011632 7569731 4826954 15552 3032261 36735630 27846640 24189 15582 6495899 5952465 42465064 44620153 983958627 351087250 618773427 632871377 1782621 1782734 1318062 1386969 114198215 118034753 829378390 840369888 91832384 77614258 394267323 407411538 486099707 485025796 X 343278683 355344092 343278683 355344092 829378390 840369888 X 1196833 10868576 X X false true X true true true 19158487 19158487 964800140 351087250 613712890 632871377 ODEC pat capital assigned 105433845 C CFC pat capital certificates 1472888 C CoBank Class E stock 4280672 C Other 2382744 C Subscription cap term cert 2456879 C Loan cap term cert-int 916150 C Loan cap term cert-nonint 591575 C Member cap securities 500000 C 118034753 true Project Big Heart P O Box 7388 Fredericksburg VA 22404 541681276 501(c)(3) 6000 0 0 Charitable giving within community 1 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 634843 109380 14365 758588 CRAIG B LEWIS 269595 49489 14365 333449 DAVID F KOOGLER 265465 49489 14365 329319 TIMOTHY C MARTIN 257909 49489 14365 321763 STEPHEN C HEADLEY 156160 31694 14365 202219 LLOYD R BYWATERS 188964 32925 2953 224842 STERLING F SCHOONOVER JR 180612 33546 9420 223578 ROBERT W BEARD 177123 34123 14365 225611 JOHN S CRAWFORD 174995 32914 13821 221730 MATTHEW A FAULCONER 170945 32743 14365 218053 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 (3,415) ; 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. 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 188904 491698 1.00000 true false false false false false false false false false false false true false true false false false false false