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Nonprofiteer
← RAPPAHANNOCK ELECTRIC COOPERATIVE

Form 990 for tax year 2022

Filed by RAPPAHANNOCK ELECTRIC COOPERATIVE.

Totals

Total revenue
$493,777,612
Total expenses
$488,656,915
Contributions and grants received
$748,802
Grants paid
$41,152
Program service revenue
$490,374,060
Investment income
$660,109
Other revenue
$1,994,641
Total assets, end of year
$1,122,357,083
Total liabilities, end of year
$687,582,267
Net assets or fund balances, end of year
$434,774,816
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JOHN D HEWA

    PRESIDENT &

    Total calculated
    $835,721
    From this org
    $741,416
    From related orgs
    $0
    Other
    $94,305
    Hours/week
    64 + 6 related

    Schedule J breakdown matched by us

    Base
    $696,486
    Bonus
    $29,250
    Other
    $15,680
    Deferred
    $77,805
    Nontaxable benefits
    $16,500
    Filer's total
    $835,721

  • PETER MUHORO

    CHIEF STRAT

    Total calculated
    $523,440
    From this org
    $379,522
    From related orgs
    $50,000
    Other
    $93,918
    Hours/week
    55 + 10 related

    Schedule J breakdown matched by us

    Base
    $371,207 + $50,000 related
    Bonus
    $5,000
    Other
    $3,315
    Deferred
    $77,805
    Nontaxable benefits
    $16,113
    Filer's total
    $473,440 + $50,000 related

  • LAWRENCE G ANDREWS

    CHIEF ADMIN

    Total calculated
    $444,400
    From this org
    $350,095
    From related orgs
    $0
    Other
    $94,305
    Hours/week
    60 + 1 related

    Schedule J breakdown matched by us

    Base
    $345,175
    Bonus
    not reported
    Other
    $4,920
    Deferred
    $77,805
    Nontaxable benefits
    $16,500
    Filer's total
    $444,400

  • JOHN ARP

    CHIEF ENG &

    Total calculated
    $424,505
    From this org
    $330,200
    From related orgs
    $0
    Other
    $94,305
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $327,532
    Bonus
    not reported
    Other
    $2,668
    Deferred
    $77,805
    Nontaxable benefits
    $16,500
    Filer's total
    $424,505

  • TRACEY B STEINER

    CHIEF ENG &

    Total calculated
    $399,895
    From this org
    $323,091
    From related orgs
    $0
    Other
    $76,804
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $319,859
    Bonus
    not reported
    Other
    $3,232
    Deferred
    $63,477
    Nontaxable benefits
    $13,327
    Filer's total
    $399,895

  • JOHN S CRAWFORD

    MGR DIR SAFE

    Total calculated
    $340,906
    From this org
    $273,391
    From related orgs
    $0
    Other
    $67,515
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $263,192
    Bonus
    $1,000
    Other
    $9,199
    Deferred
    $57,020
    Nontaxable benefits
    $10,495
    Filer's total
    $340,906

  • MARC L SEAY

    MGR DIR IT &

    Total calculated
    $339,923
    From this org
    $264,633
    From related orgs
    $0
    Other
    $75,290
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $253,420
    Bonus
    $2,500
    Other
    $8,713
    Deferred
    $58,790
    Nontaxable benefits
    $16,500
    Filer's total
    $339,923

  • LEESETTA J BROCK

    SR MGR DIR E

    Total calculated
    $326,493
    From this org
    $255,854
    From related orgs
    $0
    Other
    $70,639
    Hours/week
    50 + 1 related

    Schedule J breakdown matched by us

    Base
    $243,171
    Bonus
    $5,000
    Other
    $7,683
    Deferred
    $54,139
    Nontaxable benefits
    $16,500
    Filer's total
    $326,493

  • PATRICIA J HATCHER

    MGR DIR HR

    Total calculated
    $315,983
    From this org
    $261,215
    From related orgs
    $0
    Other
    $54,768
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $239,332
    Bonus
    $4,500
    Other
    $17,383
    Deferred
    $51,460
    Nontaxable benefits
    $3,308
    Filer's total
    $315,983

  • SHAWN P MCDONOUGH

    MGR REGIONAL

    Total calculated
    $302,375
    From this org
    $246,837
    From related orgs
    $0
    Other
    $55,538
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $220,857
    Bonus
    $6,500
    Other
    $19,480
    Deferred
    $51,386
    Nontaxable benefits
    $4,152
    Filer's total
    $302,375

  • BRUCE BOWE

    ASSISTANT TR

    Total calculated
    $288,470
    From this org
    $222,051
    From related orgs
    $0
    Other
    $66,419
    Hours/week
    60 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $217,082
    Bonus
    $4,000
    Other
    $969
    Deferred
    $49,919
    Nontaxable benefits
    $16,500
    Filer's total
    $288,470

  • WHITNEY S WATTS

    ASSISTANT SE

    Total calculated
    $194,175
    From this org
    $144,756
    From related orgs
    $0
    Other
    $49,419
    Hours/week
    50 + 2 related

    Schedule J breakdown matched by us

    Base
    $131,068
    Bonus
    $13,000
    Other
    $688
    Deferred
    $32,919
    Nontaxable benefits
    $16,500
    Filer's total
    $194,175

  • DAVID F KOOGLER

    FORMER VP-ME

    Total calculated
    $181,222
    From this org
    $174,133
    From related orgs
    $0
    Other
    $7,089
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,270
    Bonus
    not reported
    Other
    $863
    Deferred
    $5,820
    Nontaxable benefits
    $1,269
    Filer's total
    $181,222

  • ERIC PAULSON

    DIRECTOR

    Total calculated
    $40,750
    From this org
    $40,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    16

  • JESSE R THOMAS JR

    DIRECTOR

    Total calculated
    $39,100
    From this org
    $39,100
    From related orgs
    $0
    Other
    $0
    Hours/week
    12

  • DARLENE H CARPENTER

    DIRECTOR

    Total calculated
    $36,000
    From this org
    $36,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    20 + 8 related

  • CHRISTOPHER G SHIPE

    CHAIRMAN

    Total calculated
    $36,000
    From this org
    $36,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • LINDA R GRAY

    SECRETARY

    Total calculated
    $35,400
    From this org
    $35,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    17

  • EUGENE L CAMPBELL JR

    DIRECTOR

    Total calculated
    $35,000
    From this org
    $35,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    14

  • SANFORD REAVES JR

    TREASURER

    Total calculated
    $34,150
    From this org
    $34,150
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • MICHAEL W LINDSAY

    VICE CHAIRMA

    Total calculated
    $33,950
    From this org
    $33,950
    From related orgs
    $0
    Other
    $0
    Hours/week
    20 + 2 related

  • J MARK WOOD

    DIRECTOR

    Total calculated
    $32,350
    From this org
    $32,350
    From related orgs
    $0
    Other
    $0
    Hours/week
    15

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 4
JOHN D. HEWA 0 7,400 0 PETER MUHORO 0 919 0 LAWRENCE G. ANDREWS 0 250 0 JOHN ARP 0 215 0
SCHEDULE J, PART III
CERTAIN INDIVIDUALS PARTICIPATE IN A NONQUALIFIED EXECUTIVE BENEFIT RESTORATION PLAN (EBR)UNDER CODE SECTION 457(F), AS A RESULT OF HAVING BENEFITS UNDER THE QUALIFIED PENSION PLAN RESTRICTED BECAUSE OF MAXIMUM LIMITS ON BENEFITS THAT MAY BE PROVIDED UNDER THE QUALIFIED PENSION PLAN. THE EBR IS SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE PRIOR TO PARTICIPANTS REACHING NORMAL RETIREMENT DATE AND OTHER RESTRICTIONS AS DEFINED IN THE EBR PLAN DOCUMENT. 990 REPORTING RULES REQUIRES AMOUNTS ACCRUED BUT NOT YET VESTED OR RECEIVED, TO BE INCLUDED ON SCHEDULE J PART II, COLUMN C. THE FOLLOWING INDIVIDUALS HAD AMOUNTS ACCRUED UNDER THIS PLAN DURING 2022: JOHN HEWA 241,370 TRACEY STEINER 221,771 PETER MUHORO 110,451 JOHN ARP 45,552 LAWRENCE ANDREWS 12,858

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • RAPPAHANNOCK ELECTRIC COMM INC

    C CORP · TECH SVCS · VA · 100% owned · share of income $26,520 · share of assets $795,956 · controlled entity

    Directly controlled by REC

Provenance

Return type
form_990
Tax year
2022
Filed
26 July 2023
IRS schema version
2022v5.0
Source object
202342489349300839

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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