2014-07-14T08:04:30-05:00 2013-12-31 202000257 FIORE FEDELI SNYDER CAROTHERS LLP 2013 SANDY DR STE 200 STATE COLLEGE PA 16803 990 2013-01-01 230913675 NEW ENTERPRISE RURAL ELECTRIC NEWE 8147663221 PO BOX 75 NEW ENTERPRISE PA 16664 RICK L EICHELBERGER MANAGER/CEO 8147663221 2014-07-02 1 JOSEPH P FEDELI CPA P00538622 8142378999 2014-07-01 2013 2015-11-30 17:44:51Z RICK L EICHELBERGER PO BOX 75 NEW ENTERPRISE PA 16664 6026169 0 X HTTP://WWW.NEWENTERPRISEREC.COM/ X 1938 PA COOPERATIVE ELECTRIC ORGANIZATION PROVIDING RELIABLE ELECTRIC SERVICE TO MEMBERS AT THE LOWEST POSSIBLE COST 7 7 12 0 0 0 0 0 5704515 6017256 9173 8913 0 0 5713688 6026169 0 0 534573 272747 1038489 1084330 0 0 0 4753733 4630067 6326795 5987144 -613107 39025 3663865 4139619 423906 857962 3239959 3281657 PROVIDING AFFORDABLE ELECTRICITY TO MEMBERS 0 0 5987144 6026169 PROVIDING AFFORDABLE ELECTRICITY TO OVER 2,900 MEMBERS AS ONE OF 625 COOPERATIVES IN 45 STATES THROUGHOUT THE COUNTRY THAT HAVE FORMED AN ALLIANCE CALLED TOUCHSTONE ENERGY. 5987144 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 11 15 1 12 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X RICK EICHELBERGER 8147663221 3596 BRUMBAUGH RD NEW ENTERPRISE PA 16664 LEROY WALLS PRESIDENT 3.00 X X 2400 0 0 ROBERT GUYER ASS'T SECY & DIR 3.00 X X 4000 0 0 ELLIS SOLLENBERGER DIRECTOR 3.00 X 2600 0 0 TIMOTHY NEWMAN DIRECTOR 3.00 X 2600 0 0 DAVID BEQUEATH DIRECTOR & VP 3.00 X X 4000 0 0 DEAN L BRANT DIRECTOR & TREAS 2.00 X X 4000 0 0 JOHN DIVELY DIRECTOR & SEC'Y 3.00 X X 3600 0 0 RICK EICHELBERGER MANAGER/CEO 50.00 X 151959 0 44538 175159 0 44538 1 0 1 0 KW REESE INC PO BOX 298 MERCERSBURG PA 17236 VEGETATION CONTROL 257365 UNITED UTILITY SUPPLY PO BOX 32170 LOUISVILLE KY 40232 PARTS AND MATERIAL PURCHASES 113813 2 PROVIDE ELECTRICITY TO 221000 6017256 6017256 6017256 8913 8913 6026169 6026169 0 0 272747 219697 620082 177494 3783 63274 300 10940 11219 31982 21754 7399 142513 COST OF SALES-ELECTRIC 3421879 LINE MAINTENANCE 616689 INSURANCE 127756 DUES 80877 156759 5987144 1100 1100 924594 1095194 561667 526218 1263 1292 279620 269173 20913 474128 6206393 4443349 1867980 1763044 6728 9470 3663865 4139619 392691 374031 0 447514 31215 36417 423906 857962 X 0 0 16400 14505 3223559 3267152 3239959 3281657 3663865 4139619 X 39025 2743 -70 X 0 0 0 13697 13697 1142778 415945 726833 881603 663913 217690 4168315 3363491 804824 1763044 CUSTOMER DEPOSITS 34030 ACCRUED INTEREST LONG TERM DEBT 2387 36417 X 6026169 0 6026169 0 6026169 5711654 -2743 -2743 5714397 272747 272747 5987144 PART X, LINE 2: THE COMPANY HAS EXAMINED ITS TAX POSITIONS AND BELIEVES THEY WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECTS ON THE FINANCIAL STATEMENTS. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN UNREALIZED VALUE OF INVESTMENTS -2,743. PART XII, LINE 4B - OTHER ADJUSTMENTS: RETIREMENTS OF CAPITAL CREDITS TO CO-COPERATIVE MEMBERS 272,747. X 0 0 0 RICK EICHELBERGER MANAGER/CEO 151959 0 0 0 0 0 0 0 0 44538 151959 44538 0 0 ALLEGHENY ELECTRIC COOPERATIVE INC VENDOR 3421879 SUPPLIER OF POWER 0 UNITED UTILITY SUPPLY COOPERATIVE CORP VENDOR 113813 SUPPLIER OF POWER LINE SUPPLIES/PARTS AND TRANSFORMERS 0 FORM 990, PART VI, SECTION A, LINE 6 CONSUMER-MEMBERS OF NEW ENTERPRISE RURAL ELECTRIC COOPERATIVE AGREE TO PURCHASE ELECTRIC ENERGY FROM THE COOPERATIVE. MEMBERS ACTIVELY PARTICIPATE IN SETTING POLICY AND MAKING DECISIONS BY ELECTING REPRESENTATIVES THAT ARE ACCOUNTABLE TO THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A SEE ABOVE. NEW ENTERPRISE RURAL ELECTRIC HOLDS ELECTIONS FOR SEATS ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B A VOTE TO SELL ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE COOPERATIVE AND/OR A VOTE TO DISSOLVE THE COOPERATIVE REQUIRES THE APPROVAL BY A 2/3 VOTE OF ALL THE MEMBERS FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS REVIEWED THE FORM 990 WITH GENERAL MANAGER/CEO AT THE MONTHLY BOARD MEETING. THE GENERAL MANAGER REVIEWS DRAFT(S) OF THE FORM IN CONNECTION WITH HIS REVIEW OF THE AUDITED FINANCIAL STATEMENTS. ANY QUESTIONS OR CONCERNS ARE RESOLVED PRIOR TO SIGNING AND FILING THE FORM WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C DISTRIBUTE AND REVIEW A QUESTIONNAIRE UPON TIME OF (RE)ELECTION TO A THREE YEAR TERM. FORM 990, PART VI, SECTION B, LINE 15 GENERAL MANAGER/CEO RECOMMENDS SALARIES FOR ALL EMPLOYEES AND THE BOARD OF DIRECTORS APPROVES. THE BOARD ESTABLISHES THE GENERAL MANAGER/CEO COMPENSATION BASED ON PERFORMANCE, COMPARABLE DATA , EXPERIENCE, EXPERTISE AND FACTORS RELATED TO ACCOMPLISHING THE MISSION OF THE COOP. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE, UPON REQUEST, AT THE FRONT DESK OF THE MAIN OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN MEMBERSHIPS -70. CAPITAL CREDITS ASSIGNED TO MEMBERS 272,747. CAPITAL CREDITS RETIRED -272,747.