2013-07-29T10:23:43-05:00 2012-12-31 BARNES SALY & COMPANY LLP 637 FERNDALE AVENUE SUITE 100 JOHNSTOWN PA 159053999 990 2012-01-01 250809685 REA ENERGY COOPERATIVE INC REAE 7243494800 75 AIRPORT ROAD PO BOX 70 INDIANA PA 15701 THOMAS BORUSIEWICZGARY GRINDLE 7243494800 2013-07-23 KEVIN F KROSKIE CPA 8142881544 2013-07-29 2012 2016-02-24 21:20:13Z HERMAN BLAKLEY 75 AIRPORT ROAD INDIANA PA 15701 38371805 false X WWW.REAENERGY.COM X 1937 PA PROVIDING ELECTRICITY TO MEMBERS IN RURAL PENNSYLVANIA ON A COOPERATIVE BASIS. 9 9 72 0 0 0 51299 51448 16036889 13286917 16088188 13338365 0 0 673633 701173 0 0 12245748 13242125 12919381 13943298 3168807 -604933 95836716 96030081 48522137 49316956 47314579 46713125 PROVIDING ELECTRICITY TO MEMBERS IN RURAL PENNSYLVANIA ON A COOPERATIVE BASIS. false false 13943298 13338366 THE COOPERATIVE IS AN ELECTRIC UTILITY SERVING RESIDENTIAL, COMMERCIAL & INDUSTRIAL CUSTOMERS IN THE RURAL AREAS OF INDIANA COUNTY AND SURROUNDING COUNTIES. 13943298 false false false false false false false false false true true false false true true false true false false false false false false false false false false false true false true false false false true false false false false false true true true false true 34 0 true 72 true false false false false false 37824457 547349 false X 9 9 false false false false true true true true true false false true true true true true true true true false X REA ENERGY COOP INC 7243494800 75 AIRPORT ROAD INDIANA PA 15701 JACK RISING 8.00 X X 21057 0 0 HERMAN BLAKLEY 6.00 X X 21010 0 0 ROBERT NEESE 6.00 X 19009 0 0 WAYNE STILES 7.00 X 19008 0 0 ROY ECKENROD 15.00 X 18808 0 0 MICHAEL BERTOLINO 3.00 X X 18410 0 0 JAMES HARTEIS 6.00 X 18010 0 0 JOHN LEARN 4.00 X 17809 0 0 JAMES SHOPE 6.00 X 5166 0 12044 GARY GRINDLE 55.00 X 206524 0 67467 THOMAS BORUSIEWICZ 55.00 X 187426 0 69425 552237 148936 2 false true false 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 7 51448 51448 37824457 25033440 12791017 12791017 PATRONAGE CAP CREDITS-COOPS 221000 387431 387431 MISCELLANEOUS INCOME (LOSS) 221000 108469 108469 495900 13338365 13286917 51448 701173 1682043 2662422 DISTRIBUTION-MAINTENANCE 3476061 DISTRIBUTION-OPERATIONS 1791477 ADMINISTRATIVE & GENERAL 1701032 CONSUMER ACCTS-COLLECT 1016920 912170 13943298 0 0 0 4124717 617158 78133 1678181 4271695 4582733 646 752 1506133 1292148 335347 405042 98892619 21029284 75807276 77863335 9712769 9590732 95836716 96030081 3981042 4590825 42965216 43208157 1575879 1517974 48522137 49316956 X 95265 95210 47219314 46617915 47314579 46713125 95836716 96030081 -604933 3479 X false true X true false 38679 38679 3321426 2049987 1271439 6656456 5061157 1595299 88876058 13918140 74957918 77863335 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 9590732 OPERATING RESERVE-STORM DAMAGE 500000 ACCUM PROV-RETIREMENT BENEFIT OBLIG 436429 DEFERRED CREDITS 330833 CUSTOMER DEPOSITS & PREPAYMENTS 138077 ACCUM PROV-DEFERRED COMPENSATION 112635 1517974 X 38371805 25033440 25033440 13338365 13338365 38976738 25033440 25033440 13943298 13943298 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 X X false false false GARY GRINDLE 206524 67467 273991 THOMAS BORUSIEWICZ 187426 69425 256851 GARY GRINDLE CO-MANAGER COMPUTER LOAN X 752 752 false true true 752 ALLEGHENY ELECTRIC COOPERATIVE INC BOARD DIRECTOR 25033440 POWER SUPPLIER false ADDITIONAL INFORMATION SCHEDULE L PART V 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 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 REA ENERGY SERVICES INC 75 AIRPORT ROAD INDIANA PA 15701 251806808 UTIL SERVC PA REA ENERGY C CORP 12828 305787 1.00000 false false false false false false false false false false false false false false true true false false false false REA ENERGY SERVICES INC N 212532 COST