CLAVERACK RURAL ELECTRIC COOPERATIVE INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: CLAVERACK RURAL ELECTRIC COOPERATIVE INC (EIN 24-0548304)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-10-29
IRS object ID: 201333029349300503
Schema version: 2012v2.1
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 L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-10-29T06:29:20-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	232932984	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PARENTEBEARD LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2609 KEISER BOULEVARD	AddressLine1
City	WYOMISSING	City
State	PA	State
ZIP Code	196103338	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	240548304	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	CLAVERACK RURAL ELECTRIC COOPERATIVE	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	CLAV	NameControl
Phone	5702652167	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	32750 ROUTE 6	AddressLine1
City	WYSOX	City
State	PA	State
ZIP Code	18854	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	BOBBI J KILMER	Name
Title	PRESIDENT/CEO	Title
Phone	5702652167	Phone
Date Signed	2013-10-23	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	CHARLES A BEZLER	Name
PTIN	P00193859	PTIN
Phone	6109274910	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	BOBBI J KILMER	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	32750 ROUTE 6	AddressLine1
City	WYSOX	City
State	PA	State
ZIP Code	18854	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	29350986	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.CLAVERACK.COM	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1936	YearFormation
State Legal Domicile	PA	StateLegalDomicile
Activity Or Mission Description	PROVISION OF ELECTRICAL SERVICE IN RURAL PENNSYLVANIA	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	0	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	0	ProgramServiceRevenuePriorYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	64218	InvestmentIncomePriorYear
Investment Income Current Year	63734	InvestmentIncomeCurrentYear
Other Revenue Prior Year	14940606	OtherRevenuePriorYear
Other Revenue Current Year	15204787	OtherRevenueCurrentYear
Total Revenue Prior Year	15004824	TotalRevenuePriorYear
Total Revenue Current Year	15268521	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	362150	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	441480	BenefitsPaidToMembersCY
Salaries Etc Prior Year	509999	SalariesEtcPriorYear
Salaries Etc Current Year	681789	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	12152784	OtherExpensePriorYear
Other Expenses Current Year	11368898	OtherExpensesCurrentYear
Total Expenses Prior Year	13024933	TotalExpensesPriorYear
Total Expenses Current Year	12492167	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	1979891	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	2776354	RevenuesLessExpensesCY
Total Assets BOY	68807104	TotalAssetsBOY
Total Assets EOY	70800848	TotalAssetsEOY
Total Liabilities BOY	41360618	TotalLiabilitiesBOY
Total Liabilities EOY	39735383	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	27446486	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	31065465	NetAssetsOrFundBalancesEOY
Mission Description	PROVISION OF ELECTRIC SERVICE IN RURAL PENNSYLVANIA	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Description	PROVISION OF ELECTRIC SERVICE TO MEMBER/OWNERS IN RURAL PENNSYLVANIA USING THE COOPERATIVE FORM OF OWNERSHIP.	Description
Described In501 C3	0	DescribedIn501C3
Schedule B Required	0	ScheduleBRequired
Political Activities	0	PoliticalActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	1	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	0	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	1	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	98	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Form8899 Filed	0	Form8899Filed
Form1098 C Filed	0	Form1098CFiled
Gross Income From Members	27540154	GrossIncomeFromMembers
Gross Income Other Sources	791549	GrossIncomeOtherSources
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	1	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	1	MembersOrStockholders
Election Of Board Members	1	ElectionOfBoardMembers
Decisions Subject To Approval	1	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	0	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	SHELLEY YOUNG	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	5702652167	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	32750 ROUTE 6	AddressLine1
City	WYSOX	City
State	PA	State
ZIP Code	18854	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (13 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	FormerFormer
THOMAS J ELLIOTT
DIRECTOR-VICE SECRETARY/T	6.00	X	13350	0	0
STEVEN T SLIWINSKI
DIRECTOR - CHAIRMAN	5.50	X	19400	0	0
JAMES E LUCE
DIRECTOR - VICE CHAIRMAN	6.00	X	19400	0	0
MICHAEL J COLEMAN
DIRECTOR - SECRETARY/TREAS	4.30	X	17200	0	0
CHARLES R BULLOCK
DIRECTOR	5.80	X	19000	0	0
ROBERT R FAUX
DIRECTOR	6.00	X	18600	0	0
CHARLES R MCNAMARA
DIRECTOR	6.30	X	19600	0	0
ANGELA S JOINES
DIRECTOR	4.30	X	6965	0	0
BOBBI J KILMER
PRESIDENT/CEO	50.00		0	162000	74384	X
SHELLEY R YOUNG
DIRECTOR OF FINANCE	45.00		0	77034	47498		X
STEVEN ALLABAUGH
DIRECTOR OF ENGINEERING	45.00		0	101664	60926		X
JAMES W ZICK
DIRECTOR (DECEASED 5/12)	6.00		7601	0	0			X
KEVIN B BARRETT
DIRECTOR (DECEASED 11/12)	6.50		17167	0	0			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	158283	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	340698	TotalReportableCompFrmRltdOrgs
Total Other Compensation	182808	TotalOtherCompensation
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	1	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	1	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
ALLEGHENY ELECTRIC COOPERATIVE
PO BOX 1266	HARRISBURG	PA	17108	WHOLESALE ELECTRICITY	13800500
C&T ENTERPRISES INC
33 AUSTIN STREET	WELLSBORO	PA	16901	LABOR AND MANAGEMENT SERVICES	5582206
ASPLUNDH TREE EXPERT CO
708 BLAIR MILL RD	WILLOWGROVE	PA	19090	TREE CUTTING SERVICES	1056476
DAVEY TREE EXPERT CO
PO BOX 709	KENT	OH	44240	TREE CUTTING SERVICES	417036
MK TREE TRIMMERS INC
42 COOLBAUGH ROAD SUITE 1	WYSOX	PA	18854	TREE CUTTING SERVICES	201313

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	5	NumberOfContractorsGT100K

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	63734	TotalRevenueColumn
Exclusion	$63,734	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	7180	TotalRevenueColumn
Exclusion	$7,180	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	27540154	GrossSalesOfInventory
Cost Of Goods Sold	14082465	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	13457689	TotalRevenueColumn
Related Or Exempt Function Income	13457689	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
G&T & OTHER CAP CREDIT	212000	1019283	1019283
EQUITY INCOME AFFILIATE	212000	709116	709116
OTHER NON-OPERATING	212000	11519		$11,519

Field	Value	IRS element (for citing)
Total Other Revenue	1739918	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	15268521	TotalRevenueColumn
Related Or Exempt Function Income	15186088	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$82,433	ExclusionAmount

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	X	InfoInScheduleOPartIX

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	441480	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	681789	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	10264	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	20527	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	1490981	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	50199	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	401152	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	197580	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	69366	Total

Travel Travel

Field	Value	IRS element (for citing)
Total	218570	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	117044	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	1584893	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	4185139	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	2599061	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	14327	Total

Other Expenses OtherExpenses

Field	Value	IRS element (for citing)
Description	MEMBERSHIP DUES/PUBLICA	Description
Total	258966	Total

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	150829	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	12492167	Total

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1122722	BOY
EOY	868073	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	3106487	BOY
EOY	2800982	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	3815046	BOY
EOY	4243019	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	666856	BOY
EOY	719658	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	537094	BOY
EOY	538139	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	86549260	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	38456690	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	47353095	BOY
EOY	48092570	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	28499	BOY
EOY	30107	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	12177305	BOY
EOY	13508300	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	68807104	BOY
EOY	70800848	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	3553986	BOY
EOY	3815160	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	31035983	BOY
EOY	29768450	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	6770649	BOY
EOY	6151773	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	41360618	BOY
EOY	39735383	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

Field	Value	IRS element (for citing)
BOY	164045	BOY
EOY	160225	EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	27282441	BOY
EOY	30905240	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	27446486	BOY
EOY	31065465	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	68807104	BOY
EOY	70800848	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	2776354	ReconcilationRevenueExpenses
Reconcilation Other Changes	842625	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	1	AuditCommittee
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	86549260	InvestmentCostOrOtherBasis
Depreciation	38456690	Depreciation
Book Value	48092570	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	48092570	TotalOfBookValueLandBuildings

Closely Held Equity Interests CloselyHeldEquityInterests

Field	Value	IRS element (for citing)
Book Value	6650272	BookValue
Method Of Valuation	C	MethodOfValuation

Other Securities OtherSecurities (3 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
PATRONAGE CAPITAL IN ASSOC. COOPERATIVES	5486994	C
CAPITAL CERTIFICATE ISSUED BY NRUCCFC	1262910	C
INVESTMENTS IN ASSOCIATED ORGANIZATIONS	108124	C

Field	Value	IRS element (for citing)
Total Of Book Value Securities	13508300	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
ACCUMULATED POST RETIREMENT BENEFITS	$6,052,277
DEFERRED INSTALLATION CHARGES CONTRA ACCOUNT	$99,496

Field	Value	IRS element (for citing)
Total Of Amounts	6151773	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	29350986	TotRevenueEtcAuditedFinclStmt
Other Revenues	14082465	OtherRevenues
Revenue Not Rptd F990	14082465	RevenueNotRptdF990
Revenue Subtotal	15268521	RevenueSubtotal
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	15268521	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	27016112	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	14082465	OtherExpensesIncluded
Expenses Not Rptd F990	14082465	ExpensesNotRptdF990
Expenses Subtotal	12933647	ExpensesSubtotal
Other Expenses Not Included	-441480	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	-441480	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	12492167	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)

IdentifierIdentifier	ExplanationExplanation
PART XI, LINE 2D - OTHER ADJUSTMENTS:	PURCHASED POWER
PART XII, LINE 2D - OTHER ADJUSTMENTS:	PURCHASED POWER
PART XII, LINE 4B - OTHER ADJUSTMENTS:	RETIREMENT TO CAPITAL CREDIT
	PART XII, LINE 2D: PURCHASED POWER $14,082,465 PART XII, LINE 4B: CLAVERACK RETIRED $441,480 OF CAPITAL CREDITS TO ITS MEMBERS IN 2012. THIS AMOUNT IS INCLUDED IN BENEFITS PAID TO OR FOR MEMBERS AS INDICATED ON SCHEDULE O.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (9 entries)

TitleTitle	Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
THOMAS J ELLIOTT
DIRECTOR-VICE SECRETARY/T	13350	11250	0	0	0	0	0	0	0	0	13350	11250	0	0
JAMES E LUCE
DIRECTOR - VICE CHAIRMAN	19400	11250	0	0	0	0	0	0	0	0	19400	11250	0	0
MICHAEL J COLEMAN
DIRECTOR - SECRETARY/TREAS	17200	11250	0	0	0	0	0	0	0	0	17200	11250	0	0
CHARLES R BULLOCK
DIRECTOR	19000	10500	0	0	0	0	0	0	0	0	19000	10500	0	0
BOBBI J KILMER
PRESIDENT/CEO	0	162000	0	0	0	0	0	0	0	74384	0	236384	0	0
SHELLEY R YOUNG
DIRECTOR OF FINANCE	0	77034	0	0	0	0	0	0	0	47498	0	124532	0	0
STEVEN ALLABAUGH
DIRECTOR OF ENGINEERING	0	101664	0	0	0	0	0	0	0	60926	0	162590	0	0
JAMES W ZICK
DIRECTOR (DECEASED 5/12)	7601	0	0	0	0	0	0	0	0	0	7601	0	0	0
KEVIN B BARRETT
DIRECTOR (DECEASED 11/12)	17167	0	0	0	0	0	0	0	0	0	17167	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	SUPPLEMENTAL INFORMATION	Identifier
Return Reference	PART III	ReturnReference
Explanation	FORM 990, PART VII, LINE 3A KEVIN B. BARRETT AND JAMES W. ZICK ARE LISTED AS FORMER DIRECTORS. THEY WERE BOTH SERVING AS ACTIVE DIRECTORS IN 2012 UNTIL THEIR DEATHS IN THE SAME YEAR.	Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
BOBBI KILMER
CEO	162000	PAYROLL BENEFITS AND RELATED MANAGEMENT SERVICES	0
BOBBI KILMER
CEO	526297	PURCHASE OF MATERIALS AND SUPPLIES FROM UNITED UTILITY SUPPLY COOPERATIVE CORPORATION OF WHICH BOBBI KILMER IS A DIRECTOR	0
MICHAEL COLEMAN
DIRECTOR	14082465	PURCHASE OF WHOLESALE ELECTRICITY FROM ALLEGHENY ELECTRIC COOPERATIVE OF WHICH MICHEL COLEMAN IS A DIRECTOR	0
KEVIN BARRETT
DIRECTOR	120874	PURCHASE OF INSURANCE FROM FEDERATED RURAL ELECTRIC OF WHICH KEVIN BARRETT IS A DIRECTOR	0

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (11 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
FORM 990, PART VI, SECTION A, LINE 3	CLAVERACK RURAL ELECTRIC COOPERATIVE IS A PARTY TO A MANAGEMENT SERVICES CONTRACT WITH C&T ENTERPRISES INC. C&T ENTERPRISES IS A FOR-PROFIT HOLDING COMPANY WHICH IS OWNED BY CLAVERACK AND TRI-COUNTY ELECTRIC COOPERATIVE, INC. CLAVERACK AND TRI-COUNTY EACH OWN 50% OF THE STOCK OF C&T ENTERPRISES. UNDER THE TERMS OF THE CONTRACT, C&T ASSIGNS EMPLOYEES TO CLAVERACK AND PROVIDES ALL PAYROLL AND RELATED SERVICES. C&T ALSO ADMINISTERS THE PAYROLL AND BENEFITS OF THE CLAVERACK PRESIDENT & CEO.
FORM 990, PART VI, SECTION A, LINE 6	CLAVERACK RURAL ELECTRIC COOPERATIVE IS OWNED BY THOSE WHO RECEIVE ELECTRIC SERVICE FROM THE COOPERATIVE.
FORM 990, PART VI, SECTION A, LINE 7A	THE ENTIRE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERSHIP OF THE COOPERATIVE.
FORM 990, PART VI, SECTION A, LINE 7B	THE COOPERATIVE MAY SELL, LEASE OR OTHERWISE DISPOSE OF ALL OR SUBSTANTIALLY ALL OF ITS ASSETS ONLY WHEN AUTHORIZED BY THE AFFIRMATIVE VOTE OF TWO THIRDS OF THE ENTIRE MEMBERSHIP OF THE COOPERATIVE. ALSO, THE BYLAWS OUTLINE THE PROCESS BY WHICH MEMBERS COULD PETITION FOR THE REMOVAL OF A BOARD MEMBER.
FORM 990, PART VI, SECTION B, LINE 11	THE DRAFT OF THE FORM 990 IS REVIEWED WITH THE AUDIT, RATE & BUDGET COMMITTEE. THE FORM 990 IS THEN DISTRIBUTED AND REVIEWED AT THE MEETING OF BOARD OF DIRECTORS. THE BOARD, UPON THEIR SATISFACTION WITH THE FORM, WILL TAKE ACTION, AUTHORIZING THE CEO TO SIGN AND FILE THE FORM 990.
FORM 990, PART VI, SECTION B, LINE 12C	THE POLICY AND COMPLIANCE ARE REVIEWED ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15A	THE COMPENSATION OF THE CEO IS NEGOTIATED AFTER A REVIEW OF COMPARABLE POSITIONS ON A NATIONAL, REGIONAL AND LOCAL LEVEL. VARIOUS SURVEY DATA IS USED TO INCLUDE A NATIONAL COMPENSATION SURVEY OF ELECTRIC COOPERATIVES. THE SALARY IS THEN INCLUDED AS A CONTRACTUAL ITEM IN THE CEO'S EMPLOYMENT CONTRACT. THE CONTRACT IS A THREE WAY AGREEMENT BETWEEN THE CEO, THE ORGANIZATION AND C&T ENTERPRISES, INC., A TAXABLE HOLDING COMPANY IN WHICH CLAVERACK OWNS 50%. C&T PROVIDES MANAGEMENT SERVICES TO INCLUDE PAYROLL AND BENEFIT ADMINISTRATION FOR ALL EMPLOYEES INCLUDING THE CEO.
FORM 990, PART VI, SECTION C, LINE 19	THE FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11G	CONSULTING: TOTAL EXPENSES 31,606. AFTER HOURS CALL CENTER: TOTAL EXPENSES 134,182. LINE INSPECTION: TOTAL EXPENSES 62,924. ROW/TREE TRIMMING/HERVICIDE SPRAYING: TOTAL EXPENSES 1,262,269.	OTHER FEES
FORM 990, PART XI, LINE 9:	CHANGE IN OTHER COMPREHENSIVE INCOME (LOSS) 846,445. MEMBERSHIP FUNDS -3,820.	CHANGES IN NET ASSETS OR FUND BALANCES:
FORM 990, PART XI, LINE 9, OTHER CHANGES IN NET ASSETS:	PLEASE NOTE THAT $2,426,285 WAS ALLOCATED TO CLAVERACK MEMBERS IN 2012. THIS AMOUNT CONSISTED OF OPERATING MARGINS TOTALING $1,407,002 AND OTHER CAPITAL CREDITS TOTALING $1,019,283. CLAVERACK ALSO RETIRED $441,480 OF CAPITAL CREDITS TO ITS MEMBERS IN 2012. THIS AMOUNT OF $441,480 IS STATED IN PART I, LINE 14.