REA ENERGY COOPERATIVE INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- REA ENERGY COOPERATIVE INC (EIN 25-0809685)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-07-29
- IRS object ID
- 201342109349300759
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-07-29T10:23:43-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARNES SALY & COMPANY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 637 FERNDALE AVENUE SUITE 100 | AddressLine1 |
| City | JOHNSTOWN | City |
| State | PA | State |
| ZIP Code | 159053999 | 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 | 250809685 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REA ENERGY COOPERATIVE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | REAE | NameControl |
| Phone | 7243494800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 AIRPORT ROAD PO BOX 70 | AddressLine1 |
| City | INDIANA | City |
| State | PA | State |
| ZIP Code | 15701 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS BORUSIEWICZGARY GRINDLE | Name |
| Title | CO-MANAGERS | Title |
| Phone | 7243494800 | Phone |
| Date Signed | 2013-07-23 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEVIN F KROSKIE CPA | Name |
| Phone | 8142881544 | Phone |
| Date Prepared | 2013-07-29 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | HERMAN BLAKLEY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 AIRPORT ROAD | AddressLine1 |
| City | INDIANA | City |
| State | PA | State |
| ZIP Code | 15701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 38371805 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.REAENERGY.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1937 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | PROVIDING ELECTRICITY TO MEMBERS IN RURAL PENNSYLVANIA ON A COOPERATIVE BASIS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 72 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 51299 | InvestmentIncomePriorYear |
| Investment Income Current Year | 51448 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 16036889 | OtherRevenuePriorYear |
| Other Revenue Current Year | 13286917 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 16088188 | TotalRevenuePriorYear |
| Total Revenue Current Year | 13338365 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 673633 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 701173 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 12245748 | OtherExpensePriorYear |
| Other Expenses Current Year | 13242125 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 12919381 | TotalExpensesPriorYear |
| Total Expenses Current Year | 13943298 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 3168807 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -604933 | RevenuesLessExpensesCY |
| Total Assets BOY | 95836716 | TotalAssetsBOY |
| Total Assets EOY | 96030081 | TotalAssetsEOY |
| Total Liabilities BOY | 48522137 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 49316956 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 47314579 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 46713125 | NetAssetsOrFundBalancesEOY |
| Mission Description | PROVIDING ELECTRICITY TO MEMBERS IN RURAL PENNSYLVANIA ON A COOPERATIVE BASIS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 13943298 | Expense |
| Revenue | 13338366 | Revenue |
| Description | THE COOPERATIVE IS AN ELECTRIC UTILITY SERVING RESIDENTIAL, COMMERCIAL & INDUSTRIAL CUSTOMERS IN THE RURAL AREAS OF INDIANA COUNTY AND SURROUNDING COUNTIES. | Description |
| Total Program Service Expense | 13943298 | TotalProgramServiceExpense |
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 34 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 72 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Gross Income From Members | 37824457 | GrossIncomeFromMembers |
| Gross Income Other Sources | 547349 | GrossIncomeOtherSources |
| Indoor Tanning Services | false | 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 | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REA ENERGY COOP INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7243494800 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 AIRPORT ROAD | AddressLine1 |
| City | INDIANA | City |
| State | PA | State |
| ZIP Code | 15701 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (11 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| JACK RISING | ||||||
| BOARD TREASU | 8.00 | X | X | 21057 | 0 | 0 |
| HERMAN BLAKLEY | ||||||
| BOARD PRESID | 6.00 | X | X | 21010 | 0 | 0 |
| ROBERT NEESE | ||||||
| BOARD DIRECT | 6.00 | X | 19009 | 0 | 0 | |
| WAYNE STILES | ||||||
| BOARD DIRECT | 7.00 | X | 19008 | 0 | 0 | |
| ROY ECKENROD | ||||||
| BOARD DIRECT | 15.00 | X | 18808 | 0 | 0 | |
| MICHAEL BERTOLINO | ||||||
| BOARD VICE P | 3.00 | X | X | 18410 | 0 | 0 |
| JAMES HARTEIS | ||||||
| BOARD DIRECT | 6.00 | X | 18010 | 0 | 0 | |
| JOHN LEARN | ||||||
| BOARD DIRECT | 4.00 | X | 17809 | 0 | 0 | |
| JAMES SHOPE | ||||||
| BOARD DIRECT | 6.00 | X | 5166 | 0 | 12044 | |
| GARY GRINDLE | ||||||
| CO-MANAGER | 55.00 | X | 206524 | 0 | 67467 | |
| THOMAS BORUSIEWICZ | ||||||
| CO-MANAGER | 55.00 | X | 187426 | 0 | 69425 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 552237 | TotalReportableCompFromOrg |
| Total Other Compensation | 148936 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | CompensationCompensation |
|---|---|---|---|---|
| TOWNSEND TREE SERVICE INC | ||||
| PO BOX 128 | PARKER CITY | IN | 473680128 | 1104119 |
| BNF POWERLINE CONSTRUCTION INC | ||||
| 361 BRUMBAUGH ROAD | ROARING SPRING | PA | 16673 | 726747 |
| THE DAVEY TREE EXPERT COMPANY | ||||
| 3728 FISHCREEK ROAD | STOW | OH | 44224 | 494565 |
| ASPLUNDH TREE EXPERT COMPANY | ||||
| 708 BLAIR MILL ROAD | WILLOW GROVE | PA | 19090 | 479825 |
| PENNLINE SERVICE INC | ||||
| 300 SCOTTDALE AVENUE | SCOTTDALE | PA | 15683 | 157594 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 7 | NumberOfContractorsGT100K |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 51448 | TotalRevenueColumn |
| Exclusion | $51,448 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 37824457 | GrossSalesOfInventory |
| Cost Of Goods Sold | 25033440 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 12791017 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12791017 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| PATRONAGE CAP CREDITS-COOPS | 221000 | 387431 | 387431 |
| MISCELLANEOUS INCOME (LOSS) | 221000 | 108469 | 108469 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 495900 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13338365 | TotalRevenueColumn |
| Related Or Exempt Function Income | 13286917 | RelatedOrExemptFunctionIncome |
| Exclusion | $51,448 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 701173 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1682043 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2662422 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| DISTRIBUTION-MAINTENANCE | 3476061 |
| DISTRIBUTION-OPERATIONS | 1791477 |
| ADMINISTRATIVE & GENERAL | 1701032 |
| CONSUMER ACCTS-COLLECT | 1016920 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 912170 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13943298 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4124717 | BOY |
| EOY | 617158 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 78133 | BOY |
| EOY | 1678181 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4271695 | BOY |
| EOY | 4582733 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 646 | BOY |
| EOY | 752 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1506133 | BOY |
| EOY | 1292148 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 335347 | BOY |
| EOY | 405042 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 98892619 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 21029284 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75807276 | BOY |
| EOY | 77863335 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9712769 | BOY |
| EOY | 9590732 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95836716 | BOY |
| EOY | 96030081 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3981042 | BOY |
| EOY | 4590825 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42965216 | BOY |
| EOY | 43208157 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1575879 | BOY |
| EOY | 1517974 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48522137 | BOY |
| EOY | 49316956 | 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 | 95265 | BOY |
| EOY | 95210 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47219314 | BOY |
| EOY | 46617915 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47314579 | BOY |
| EOY | 46713125 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95836716 | BOY |
| EOY | 96030081 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -604933 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 3479 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 38679 | OtherCostOrOtherBasis |
| Book Value | 38679 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3321426 | OtherCostOrOtherBasis |
| Depreciation | 2049987 | Depreciation |
| Book Value | 1271439 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6656456 | OtherCostOrOtherBasis |
| Depreciation | 5061157 | Depreciation |
| Book Value | 1595299 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 88876058 | OtherCostOrOtherBasis |
| Depreciation | 13918140 | Depreciation |
| Book Value | 74957918 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 77863335 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (8 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| PATR CAP CR-ALLEGHENY ELECTRIC COOP | 7991166 | C |
| CAPITAL TERM CERTIFICATES | 1034459 | C |
| PATR CAP CR-NATIONAL RURAL UTILITIES | 265665 | C |
| PATR CAP CR-UNITED UTIL SUPPLY COOP | 129954 | C |
| PATR CAP CR- FEDERATED RURAL ELECT | 101529 | C |
| OTHER | 31559 | C |
| PATR CAP CR-OTHER | 27941 | C |
| INVESTMENT IN SUBSIDIARY | 8459 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 9590732 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| OPERATING RESERVE-STORM DAMAGE | $500,000 |
| ACCUM PROV-RETIREMENT BENEFIT OBLIG | $436,429 |
| DEFERRED CREDITS | $330,833 |
| CUSTOMER DEPOSITS & PREPAYMENTS | $138,077 |
| ACCUM PROV-DEFERRED COMPENSATION | $112,635 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1517974 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 38371805 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 25033440 | OtherRevenues |
| Revenue Not Rptd F990 | 25033440 | RevenueNotRptdF990 |
| Revenue Subtotal | 13338365 | RevenueSubtotal |
| Total Revenue Per Form990 | 13338365 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 38976738 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 25033440 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 25033440 | ExpensesNotRptdF990 |
| Expenses Subtotal | 13943298 | ExpensesSubtotal |
| Total Expenses Per Form990 | 13943298 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| LIABILITY UNDER FIN 48 FOOTNOTE | SCHEDULE D, PAGE 3, PART X | REA ENERGY COOPERATIVE, INC. IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES PURSUANT TO SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY REA ENERGY AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2012, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. REA'S ENERGY INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. REA ENERGY IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. REA ENERGY'S TAX RETURNS FOR THE YEARS 2009 AND FORWARD ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. |
| REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XI, LINE 2D | COST OF GOODS SOLD - PURCHASED POWER 25,033,440 |
| EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 2D | COST OF GOODS SOLD - PURCHASED POWER 25,033,440 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|
| GARY GRINDLE | |||
| CO-MANAGER | 206524 | 67467 | 273991 |
| THOMAS BORUSIEWICZ | |||
| CO-MANAGER | 187426 | 69425 | 256851 |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | GARY GRINDLE | NamePerson |
| Relationship With Organization | CO-MANAGER | RelationshipWithOrganization |
| Purpose Of Loan | COMPUTER LOAN | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $752 | OriginalPrincipalAmount |
| Balance Due | 752 | BalanceDue |
| Default | false | Default |
| Approved By Board | true | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 752 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ALLEGHENY ELECTRIC COOPERATIVE INC | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | BOARD DIRECTOR | Relationship |
| Amount Of Transaction | 25033440 | AmountOfTransaction |
| Description Of Transaction | POWER SUPPLIER | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | ADDITIONAL INFORMATION | Identifier |
| Return Reference | SCHEDULE L PART V | ReturnReference |
| Explanation | SCHEDULE L PART IV BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS D DESCRIPTION OF TRANSACTION JIM HARTEIS IS A BOARD MEMBER OF ALLEGHENY ELECTRIC COOPERATIVE INC ALLEGHENY IS A GENERATION AND TRANSMISSION COOPERATIVE WHICH WAS FORMED FOR THE PURPOSE OF SECURING WHOLESALE ELECTRIC ENERGY AND TRANSMISSION SERVICES ON BEHALF OF THE DISTRIBUTION COOPERATIVES SUCH AS REA ENERGY COOPERATIVE INC EACH OF THE MEMBER DISTRIBUTION COOPERATIVES HAS A REPRESENTATIVE ON THE ALLEGHENY ELECTRIC COOPERATIVE BOARD OF DIRECTORS EVERY ALLEGHENY DIRECTOR IS ALSO A DIRECTOR OF ONE OF THE 14 DISTRIBUTION COOPERATIVES REA ENERGY COOPERATIVE PURCHASES ITS WHOLESALE ELECTRICITY FROM ALLEGHENY ELECTRIC COOPERATIVE INC | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CLASSES OF MEMBERS OR STOCKHOLDERS | FORM 990, PAGE 6, PART VI, LINE 6 | REA ENERGY COOPERATIVE IS GOVERNED BY A NINE MEMNBER BOARD OF DIRECTORS. MEMBERS OF REA ENERGY COOPERATIVE ELECTS THE DIRECTORS TO FOUR YEAR TERMS. ACCORDING TO THE BYLAWS OF THE REA ENERGY COOPERATIVE, "IN THE EVENT OF THE DISSOLUTION OR LIQUIDATION OF THE COOPERATIVE, AFTER ALL OUTSTANDING INDEBTEDNESS OF THE COOPERATIVE SHALL HAVE BEEN PAID, OUTSTANDING CAPITAL CREDITS SHALL BE RETURNED WITHOUT PRIORITY ON A PRORATA BASIS BEFORE ANY PAYMENTS ARE MADE ON ACCOUNT OR PROPERTY RIGHTS OF PATRONS. |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | MEMBERS OF REA ENERGY COOPERATIVE ELECT THE BOARD OF DIRECTORS TO STAGGERED FOUR YEAR TERMS. |
| DECISIONS SUBJECT TO APPROVAL OF MEMBERS | FORM 990, PAGE 6, PART VI, LINE 7B | ACCORDING TO THE BYLAWS OF REA ENERGY COOPERATIVE, "THE COOPERATIVE MAY SELL, LEASE, LEASE SELL, EXCHANGE OR OTHERWISE DISPOSE OF ALL OR SUBSTANTIALLY ALL OF ITS ASSETS ONLY WHEN AUTHORIZED BY THE AFFIRMATIVE VOTE OF TWO-THIRDS OF ALL MEMBERS OF THE COOPERATIVE". |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE CO-MANAGER OF THE COOPERATIVE WILL REVIEW AND APPROVE THE FORM 990 PRIOR TO SIGNING THE FORM 990 AND FILING WITH THE INTERNAL REVENUE SERVICE. THE FORM 990 IS PROVIDED TO BOARD OF DIRECTORS FOR REVIEW ON JULY 23, 2013 PRIOR TO ITS FILLING WITH THE INTERNAL REVENUE SERVICE. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | ALL BOARD OF DIRECTORS AND EMPLOYEES ARE REQUIRED TO FILL OUT AND SIGN THE FORM DETAILING POSSIBLE CONFLICTS OR STATING THAT NONE EXIST. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE COMPENSATION FOR THE CO-MANAGERS OF THE COOPERATIVE IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS, USING WHAT OTHER MANAGERS EMPLOYED BY ELECTRIC COOPERATIVES WITHIN THE STATE OF PENNSYLVANIA ARE EARNING AS A GUIDE. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | THE COMPENSATION FOR KEY EMPLOYEES OF THE COOPERATIVE IS REVIEWED ANNUALLY BY THE CO-MANAGERS. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | THE BYLAWS OF REA ENERGY COOPERATIVE ARE AVAILABLE FOR REVIEW ON THE REA ENERGY COOPERATIVE WEBSITE AT WWW.REAENERGY.COM. THE FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL INFORMATION IS PRESENTED IN "PENN LINES MAGAZINE". PENN LINES MAGAZINE IS A MONTHLY MAGAZINE DISTRIBUTED BY OUR STATEWIDE ORGANIZATION. |
| RECONCILIATION OF CHANGES - OTHER | FORM 990, PART XI, LINE 9 | COST OF GOODS SOLD - PURCHASED POWER 25,033,440 COST OF GOODS SOLD - PURCHASED POWER -25,033,440 |
| OTHER CHANGES IN NET ASSETS EXPLANATION | FORM 990, PART XI, LINE 9 | DONATED CAPITAL 3,534 MEMBERSHIP FEES 55 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REA ENERGY SERVICES INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 75 AIRPORT ROAD | AddressLine1 |
| City | INDIANA | City |
| State | PA | State |
| ZIP Code | 15701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 251806808 | EIN |
| Primary Activity | UTIL SERVC | PrimaryActivity |
| Legal Domicile State | PA | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REA ENERGY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C CORP | TypeOfEntity |
| Share Of Total Income | 12828 | ShareOfTotalIncome |
| Share Of EOY Assets | 305787 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Controlled Org | false | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | false | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REA ENERGY SERVICES INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | N | TransactionType |
| Amount Involved | 212532 | AmountInvolved |
| Method Of Amt Determination | COST | MethodOfAmtDetermination |