Rappahannock Electric Cooperative

Organization Overview

Rappahannock Electric Cooperative is located in Fredericksburg, VA. The organization was established in 1942. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Rappahannock Electric Cooperative employed 484 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rappahannock Electric Cooperative is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2021, Rappahannock Electric Cooperative generated $419.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $420.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF RAPPAHANNOCK ELECTRIC COOPERATIVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SAFE AND EFFECTIVE DELIVERY OF ELECTRICITY TO THE MEMBERS OF RAPPAHANNOCK ELECTRIC COOPERATIVE. THE THREE LARGEST PROGRAM SERVICES, AS MEASURED BY EXPENSES ARE AS FOLLOWS: COST OF POWER 247,785,263 DEPRECIATION 45,208,218 OTHER SALARIES AND WAGES 43,940,108


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Board, Officers & Key Employees

Name (title)Compensation
John D Hewa
President &
$659,296
Ronald W Harris
Former Senio
$577,510
David F Koogler
Senior Vp-Me
$389,197
Peter Muhoro
Chief Strat
$361,572
Lawrence G Andrews
Chief Admin
$318,893
John Arp
Chief Eng &
$283,925

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cw Wright Construction
Construction
$8,174,467
Pittman's Tree & Landscaping Inc
Right Of Way
$5,240,824
Cooperative Building Solutions
Renovation
$4,196,919
Wolf Tree Experts Inc
Right Of Way
$4,589,537
Atlantic Engineering Group Inc
Engineering
$4,655,920
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,797,552
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,797,552
Total Program Service Revenue$416,452,928
Investment income $460,902
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,411,496
Net Gain/Loss on Asset Sales -$497,424
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,348
Miscellaneous Revenue$0
Total Revenue $419,807,187

Grants Awarded

Over the last fiscal year, Rappahannock Electric Cooperative has awarded $24,000 in support to 3 organizations.

Grant RecipientAmount

THE VA FOUNDATION FOR COM CO

Org PageRecipient Profile

Richmond, VA

PURPOSE: Provide access to education

$10,000

PROJECT BIG HEART

Org PageRecipient Profile

Fredericksbrg, VA

PURPOSE: Charitable giving within community

$8,000

COMM AWARENESS OF RAPP ELEC

Org PageRecipient Profile

Fredericksburg, VA

PURPOSE: Charitable giving within community

$6,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Rappahannock Electric Cooperative has recieved totaling $289,452.

Awarding OrganizationAmount
United Way Of Greater Richmond

Richmond, VA

PURPOSE: DONOR DIRECTS FUNDS(DESIGNATIONS) FOR ENERGY SHARE

$289,452
View Grant Recipient Profile

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