CLAVERACK RURAL ELECTRIC COOPERATIVE INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- CLAVERACK RURAL ELECTRIC COOPERATIVE INC (EIN 24-0548304)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-01
- IRS object ID
- 201213069349300601
- Schema version
- 2011v1.2
- 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 | 2012-11-01T07:34:28-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | 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 | PO BOX 311 | AddressLine1 |
| City | READING | City |
| State | PA | State |
| ZIP Code | 196030311 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | 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 | 2012-11-01 | 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 | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | 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 | 27769052 | 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 | 65035 | InvestmentIncomePriorYear |
| Investment Income Current Year | 64218 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 14921939 | OtherRevenuePriorYear |
| Other Revenue Current Year | 14940606 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 14986974 | TotalRevenuePriorYear |
| Total Revenue Current Year | 15004824 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 362150 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 478428 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 509999 | 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 | 11542714 | OtherExpensePriorYear |
| Other Expenses Current Year | 12152784 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 12021142 | TotalExpensesPriorYear |
| Total Expenses Current Year | 13024933 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2965832 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1979891 | RevenuesLessExpensesCY |
| Total Assets BOY | 67584507 | TotalAssetsBOY |
| Total Assets EOY | 68807104 | TotalAssetsEOY |
| Total Liabilities BOY | 42152465 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 41360618 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 25432042 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 27446486 | 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 |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 62 | 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 | 26488355 | GrossIncomeFromMembers |
| Gross Income Other Sources | 617595 | 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 | 1 | 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 (11 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|
| THOMAS J ELLIOTT | |||||||
| DIRECTOR | 6.00 | X | 14850 | 0 | 0 | ||
| STEVEN T SLIWINSKI | |||||||
| DIRECTOR - SECRETARY/TREAS | 5.00 | X | 18600 | 0 | 0 | ||
| JAMES E LUCE | |||||||
| DIRECTOR | 6.00 | X | 19800 | 0 | 0 | ||
| JAMES W ZICK | |||||||
| DIRECTOR - VICE SECRETARY/ | 6.00 | X | 19400 | 0 | 0 | ||
| KEVIN B BARRETT | |||||||
| DIRECTOR - CHAIRMAN | 7.00 | X | 18400 | 0 | 0 | ||
| MICHAEL J COLEMAN | |||||||
| DIRECTOR - VICE CHAIRMAN | 5.00 | X | 18600 | 0 | 0 | ||
| CHARLES R BULLOCK | |||||||
| DIRECTOR | 6.00 | X | 20200 | 0 | 0 | ||
| ROBERT R FAUX | |||||||
| DIRECTOR | 6.00 | X | 19600 | 0 | 0 | ||
| CHARLES R MCNAMARA | |||||||
| DIRECTOR | 7.00 | X | 21600 | 0 | 0 | ||
| BOBBI J KILMER | |||||||
| PRESIDENT/CEO | 50.00 | 0 | 161625 | 62735 | X | ||
| SHELLEY R YOUNG | |||||||
| DIRECTOR OF FINANCE | 45.00 | 0 | 73080 | 41509 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 171050 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 234705 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 104244 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 1 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 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 | 12845577 |
| C&T ENTERPRISES INC | |||||
| 33 AUSTIN STREET | WELLSBORO | PA | 16901 | LABOR AND MANAGEMENT SERVICES | 5687694 |
| ASPLUNDH TREE EXPERT CO | |||||
| 708 BLAIR MILL RD | WILLOWGROVE | PA | 19090 | TREE CUTTING SERVICES | 838431 |
| DAVEY TREE EXPERT CO | |||||
| PO BOX 709 | KENT | OH | 44240 | TREE CUTTING SERVICES | 697155 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 64218 | TotalRevenueColumn |
| Exclusion | $64,218 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 65176 | TotalRevenueColumn |
| Exclusion | $65,176 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 26488355 | GrossSalesOfInventory |
| Cost Of Goods Sold | 12764228 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13724127 | TotalRevenueColumn |
| Related Or Exempt Function Income | 13724127 | 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 | 663102 | 663102 | |
| EQUITY INCOME AFFILIAT | 212000 | 490159 | 490159 | |
| OTHER NON-OPERATING | 212000 | -1958 | -$1,958 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1151303 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 15004824 | TotalRevenueColumn |
| Related Or Exempt Function Income | 14877388 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $127,436 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 362150 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 509999 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10136 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21962 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1309614 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64372 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 366730 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 187769 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45745 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 230796 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 98767 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1819253 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5017164 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2510137 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14670 | Total |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MEMBERSHIP DUES/PUBLICA | Description |
| Total | 263310 | Total |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 192359 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13024933 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1454816 | BOY |
| EOY | 1122722 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1901308 | BOY |
| EOY | 3106487 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3952476 | BOY |
| EOY | 3815046 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 453862 | BOY |
| EOY | 666856 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 537499 | BOY |
| EOY | 537094 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 83378303 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 36025208 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47828253 | BOY |
| EOY | 47353095 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40618 | BOY |
| EOY | 28499 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11415675 | BOY |
| EOY | 12177305 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67584507 | BOY |
| EOY | 68807104 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3555862 | BOY |
| EOY | 3553986 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32097776 | BOY |
| EOY | 31035983 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6498827 | BOY |
| EOY | 6770649 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42152465 | BOY |
| EOY | 41360618 | 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 | 169260 | BOY |
| EOY | 164045 | 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 | 25262782 | BOY |
| EOY | 27282441 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25432042 | BOY |
| EOY | 27446486 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67584507 | BOY |
| EOY | 68807104 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1979891 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 34553 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 83378303 | InvestmentCostOrOtherBasis |
| Depreciation | 36025208 | Depreciation |
| Book Value | 47353095 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 47353095 | TotalOfBookValueLandBuildings |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 5941156 | BookValue |
| Method Of Valuation | C | MethodOfValuation |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| PATRONAGE CAPITAL IN ASSOC. COOPERATIVES | 4858501 | C |
| CAPITAL CERTIFICATE ISSUED BY NRUCCFC | 1276454 | C |
| INVESTMENTS IN ASSOCIATED ORGANIZATIONS | 101194 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 12177305 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCUMULATED POST RETIREMENT BENEFITS | $6,675,404 |
| DEFERRED INSTALLATION CHARGES CONTRA ACCOUNT | $95,245 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 6770649 | TotalOfAmounts |
| Total Revenue | 15004824 | TotalRevenue |
| Total Expenses | 13024933 | TotalExpenses |
| Excess Or Deficit For Year | 1979891 | ExcessOrDeficitForYear |
| Other | $34,553 | OtherAmount |
| Total Adjustments | 34553 | TotalAdjustments |
| Excess Or Deficit Per FS | 2014444 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 27769052 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 12764228 | OtherRevenues |
| Revenue Not Rptd F990 | 12764228 | RevenueNotRptdF990 |
| Revenue Subtotal | 15004824 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 15004824 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 25427011 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 12764228 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 12764228 | ExpensesNotRptdF990 |
| Expenses Subtotal | 12662783 | ExpensesSubtotal |
| Other Expenses Not Included | 362150 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 362150 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 13024933 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN OTHER COMPREHENSIVE INCOME (LOSS) 39,768. MEMBERSHIP FUNDS -5,215. TOTAL TO SCHEDULE D, PART XI, LINE 8: 34,553. |
| PART XIII, LINE 2D: PURCHASED POWER $12,764,228 PART XIII, LINE 4B: CLAVERACK RETIRED $362,150 OF CAPITAL CREDITS TO ITS MEMBERS IN 2011. 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 (6 entries)
| 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 | |||||||||||||
| 14850 | 11250 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 14850 | 11250 | 0 | 0 |
| JAMES E LUCE | |||||||||||||
| 19800 | 11250 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19800 | 11250 | 0 | 0 |
| MICHAEL J COLEMAN | |||||||||||||
| 18600 | 10500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18600 | 10500 | 0 | 0 |
| CHARLES R BULLOCK | |||||||||||||
| 20200 | 10500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20200 | 10500 | 0 | 0 |
| BOBBI J KILMER | |||||||||||||
| 0 | 161625 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62735 | 0 | 224360 | 0 | 0 |
| SHELLEY R YOUNG | |||||||||||||
| 0 | 73080 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41509 | 0 | 114589 | 0 | 0 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| BOBBI KILMER | |||
| CEO | 161625 | PAYROLL BENEFITS AND RELATED MANAGEMENT SERVICES | 0 |
| BOBBI KILMER | |||
| CEO | 462861 | PURCHASE OF MATERIALS AND SUPPLIES FROM UNITED UTILITY SUPPLY COOPERATIVE CORPORATION OF WHICH BOBBI KILMER IS A DIRECTOR | 0 |
| THOMAS ELLIOTT | |||
| DIRECTOR | 12764228 | PURCHASE OF WHOLESALE ELECTRICITY FROM ALLEGHENY ELECTRIC COOPERATIVE OF WHICH THOMAS ELLIOT IS A DIRECTOR | 0 |
| KEVIN BARRETT | |||
| DIRECTOR | 119599 | 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 4 | CLAVERACK RURAL COOPERATIVE'S BOARD OF DIRECTORS AMENDED CLAVERACK'S BYLAWS ON SEPTEMBER 28, 2011. | |
| 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 AND 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 XI, LINE 5: | CHANGE IN OTHER COMPREHENSIVE INCOME (LOSS) 39,768. MEMBERSHIP FUNDS -5,215. TOTAL TO FORM 990, PART XI, LINE 5: 34,553. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XI, LINE 5, CHANGES IN NET ASSETS | PLEASE NOTE THAT $1,724,446 WAS ALLOCATED TO CLAVERACK MEMBERS IN 2011. THIS AMOUNT CONSISTED OF OPERATING MARGINS TOTALING $1,061,344 AND OTHER CAPITAL CREDITS TOTALING $663,102. CLAVERACK ALSO RETIRED $362,150 OF CAPITAL CREDITS TO ITS MEMBERS IN 2011. THIS AMOUNT $362,150 IS STATED IN PART I LINE 14. WE HAVE NOT RESTATED 2010 INFORMATION AS THE INSTRUCTIONS FOR "BENEFITS PAID TO OR FOR MEMBERS" WERE CHANGED FOR FILING YEAR 2011. |