LICKING RURAL ELECTRIFICATION INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- LICKING RURAL ELECTRIFICATION INC (EIN 31-4234980)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-08
- IRS object ID
- 202133149349303198
- Schema version
- 2020v4.1
- 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) |
|---|---|---|
| Return | 2021-11-08T01:20:44-00:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 314234980 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LICKING RURAL ELECTRIFICATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LICK | BusinessNameControlTxt |
| Phone | 8002556815 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 GRANVILLE ROAD | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 430584970 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Patrick McGonagle | PersonNm |
| Person Title | VP CFO | PersonTitleTxt |
| Signature | 2021-11-08 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Pat | PersonFirstNm |
| Person Last | McGonagle | PersonLastNm |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAT MCGONAGLE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 GRANVILLE ROAD | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43058 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $59,136,739 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.theenergycoop.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1936 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | DISTRIBUTE ELECTRICITY TO ITS MEMBERS | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 50 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $53,711,246 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $56,382,700 | CYProgramServiceRevenueAmt |
| PY Investment Income | $332,740 | PYInvestmentIncomeAmt |
| CY Investment Income | $291,546 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,345,076 | PYOtherRevenueAmt |
| CY Other Revenue | $2,462,493 | CYOtherRevenueAmt |
| PY Total Revenue | $56,389,062 | PYTotalRevenueAmt |
| CY Total Revenue | $59,136,739 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,828,605 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,112,850 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $51,752,314 | PYOtherExpensesAmt |
| CY Other Expenses | $52,096,179 | CYOtherExpensesAmt |
| PY Total Expenses | $53,580,919 | PYTotalExpensesAmt |
| CY Total Expenses | $53,209,029 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,808,143 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,927,710 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $336,068,744 | TotalAssetsBOYAmt |
| Total Assets EOY | $306,961,000 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $225,058,829 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $225,606,947 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $111,009,915 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $81,354,053 | NetAssetsOrFundBalancesEOYAmt |
| Mission | DISTRIBUTE ELECTRICITY TO ITS MEMBERS | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | LICKING RURAL ELECTRIFICATION DISTRIBUTES ELECTRICITY TO 26,344 MEMBERS IN 9 COUNTIES WITHIN OHIO. | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 54 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 50 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Members And Shr Gross Income | $55,569,237 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $3,567,502 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAT MCGONAGLE | PersonNm |
| Phone | 8002556815 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 GRANVILLE ROAD | AddressLine1Txt |
| City | NEWARK | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 430584970 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| TODD WARE | ||||||||
| PRESIDENT CEO | 017.00 | 023.00 | Yes (X) | $0 | $361,430 | $150,512 | ||
| PAT MCGONAGLE | ||||||||
| VP CFO | 016.00 | 024.00 | Yes (X) | $0 | $279,586 | $138,126 | ||
| DANIEL MCVEY | ||||||||
| VP COO | 001.00 | 039.00 | Yes (X) | $0 | $291,087 | $125,870 | ||
| JOE HIGDON | ||||||||
| CONTROLLER | 017.00 | 023.00 | $0 | $192,571 | $101,289 | Yes (X) | ||
| CONNIE HOGUE | ||||||||
| DIRECTOR-HR SAFETY | 018.00 | 022.00 | $0 | $205,643 | $86,274 | Yes (X) | ||
| GARY GLOVER | ||||||||
| VP COO | 040.00 | Yes (X) | $192,932 | $0 | $83,558 | |||
| SCOTT STITTS | ||||||||
| IT MANAGER | 014.00 | 026.00 | $0 | $160,128 | $89,949 | Yes (X) | ||
| GARY BAKER | ||||||||
| DIRECTOR OF MARKETING | 012.50 | 027.50 | $161,256 | $0 | $86,708 | Yes (X) | ||
| JOSH FILLER | ||||||||
| MANAGER OF ENGINEERING | 040.00 | $150,736 | $0 | $71,990 | Yes (X) | |||
| NELSON SMITH | ||||||||
| DIRECTOR | 003.00 | 006.25 | $28,525 | $0 | $0 | Yes (X) | ||
| JOHN KLAUDER | ||||||||
| DIRECTOR | 001.00 | 005.00 | $21,588 | $0 | $0 | Yes (X) | ||
| TOM GRAHAM | ||||||||
| DIRECTOR | 000.67 | 003.33 | $20,650 | $0 | $0 | Yes (X) | ||
| JACK SCHMIDT JR | ||||||||
| DIRECTOR | 001.50 | 001.75 | $18,775 | $0 | $0 | Yes (X) | ||
| JOHN PARKINSON | ||||||||
| DIRECTOR | 000.67 | 003.33 | $16,900 | $0 | $0 | Yes (X) | ||
| DANIEL DUPPS | ||||||||
| DIRECTOR | 000.67 | 003.33 | $16,150 | $0 | $0 | Yes (X) | ||
| DONALD HAWK | ||||||||
| DIRECTOR | 000.67 | 003.33 | $15,400 | $0 | $0 | Yes (X) | ||
| JOANNE LITTLE | ||||||||
| DIRECTOR | 000.67 | 003.33 | $15,400 | $0 | $0 | Yes (X) | ||
| DUSTIN BUCKINGHAM | ||||||||
| DIRECTOR | 001.00 | 005.00 | $15,150 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $673,462 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,490,445 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $934,276 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 20 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NEW RIVER | |||||
| PO BOX 70 | CLOVERDALE | VA | 24077 | FACILITIES CONSTRUCTION | $837,966 |
| WA KENDAL | |||||
| PO BOX 831 | LAWRENCEVILLE | GA | 30046 | RIGHT OF WAY CLEARING | $811,867 |
| BOSS & SON EXCAVATING LLC | |||||
| PO BOX 35 | BLADENSBURG | OH | 43005 | FACILITES CONSTRUCTION | $832,579 |
| SMART BILL | |||||
| PO BOX 105 | HEBRON | OH | 43025 | BILL PRINT | $429,743 |
| HYSONG TREE SERVICE LLC | |||||
| 11069 PINEVIEW RD | ST LOUISVILLE | OH | 43071 | PRINTING SERVICES | $216,350 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RESIDENTIAL COMMERCIAL | Desc |
| Total Revenue Column | $56,382,700 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $56,382,700 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $56,382,700 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $310,025 | TotalRevenueColumnAmt |
| Exclusion | $310,025 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $462,811 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $462,811 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $462,811 | TotalRevenueColumnAmt |
| Exclusion | $462,811 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$18,479 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$18,479 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$18,479 | TotalRevenueColumnAmt |
| Exclusion | -$18,479 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PATRONAGE CAPITAL | Desc |
| Total Revenue Column | $1,999,682 | TotalRevenueColumnAmt |
| Exclusion | $1,999,682 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,999,682 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $59,136,739 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $56,382,700 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $2,754,039 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $915,718 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $559,251 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$362,119 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,914 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,691 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees For Services Prof Fundraising | FeesForServicesProfFundraising |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,543 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $302,059 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,426 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,839,534 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,305,046 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$19,328 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PURCHASE POWER | $31,875,820 |
| MAINTENANCE | $3,319,189 |
| PROPERTY TAXES | $2,694,000 |
| CUSTOMER ACCOUNTS | $1,549,890 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,027,395 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,209,029 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,898,198 | BOYAmt |
| EOY | $2,484,804 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,314,959 | BOYAmt |
| EOY | $6,798,956 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $937,416 | BOYAmt |
| EOY | $671,384 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $142,272 | BOYAmt |
| EOY | $243,204 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $178,928,721 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $50,415,478 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $123,145,989 | BOYAmt |
| EOY | $128,513,243 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,305,177 | BOYAmt |
| EOY | $41,514,170 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,324,733 | BOYAmt |
| EOY | $126,735,239 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $336,068,744 | BOYAmt |
| EOY | $306,961,000 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,318,881 | BOYAmt |
| EOY | $8,778,124 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $210,760,726 | BOYAmt |
| EOY | $212,300,396 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,979,222 | BOYAmt |
| EOY | $4,528,427 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $225,058,829 | BOYAmt |
| EOY | $225,606,947 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,020 | BOYAmt |
| EOY | $111,675 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,893,895 | BOYAmt |
| EOY | $81,242,378 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,009,915 | BOYAmt |
| EOY | $81,354,053 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $336,068,744 | BOYAmt |
| EOY | $306,961,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,927,710 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$35,583,572 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformedInd |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $808,755 | OtherCostOrOtherBasisAmt |
| Book Value | $808,755 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $117,133,195 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,207,739 | DepreciationAmt |
| Book Value | $91,925,456 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $60,986,771 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,207,739 | DepreciationAmt |
| Book Value | $35,779,032 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $128,513,243 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Financial derivatives and other financial products | ||
| Closely-held equity interests | ||
| PATRONAGE CAPTIAL | $41,514,170 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $41,514,170 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTERCOMPANY ACCOUNTS | Desc |
| Book Value | $126,735,239 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $126,735,239 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal income taxes | |
| ACCRUED POST RETIREMENT PENSION | $4,118,491 |
| DEFFERED CREDITS | |
| CONSUMER DEPOSITS | $409,936 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,528,427 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | X 2 | FormAndLineReferenceDesc |
| Explanation | The Cooperative accounts for uncertainty in income taxes in its consolidated financial statements as required under Financial Accounitng Standards Codification, Accounting for Uncertainty in Income Taxes. The Cooperateive believes there are no material uncertain tax positions. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TODD WARE | |||||||||||
| PRESIDENT CEO | $347,477 | $5,000 | $8,954 | $129,857 | $20,654 | $511,942 | |||||
| PAT MCGONAGLE | |||||||||||
| VP CFO | $272,714 | $6,872 | $105,788 | $32,338 | $417,712 | ||||||
| DANIEL MCVEY | |||||||||||
| VP COO | $284,399 | $6,688 | $108,978 | $16,892 | $416,957 | ||||||
| GARY GLOVER | |||||||||||
| VP COO | $187,565 | $5,367 | $66,098 | $17,460 | $276,490 | ||||||
| CONNIE HOGUE | |||||||||||
| DIRECTOR-HR SAFETY | $198,758 | $6,885 | $75,807 | $10,467 | $291,917 | ||||||
| JOSH FILLER | |||||||||||
| MANAGER OF ENGINEERING | $145,000 | $5,735 | $51,337 | $20,654 | $222,726 | ||||||
| JOE HIGDON | |||||||||||
| CONTROLLER | $175,056 | $10,968 | $6,547 | $68,951 | $32,338 | $293,860 | |||||
| SCOTT STITTS | |||||||||||
| IT MANAGER | $148,988 | $5,000 | $6,140 | $57,611 | $32,338 | $250,077 | |||||
| GARY BAKER | |||||||||||
| DIRECTOR OF MARKETING | $154,631 | $6,624 | $52,791 | $33,918 | $247,964 | ||||||
Schedule L IRS990ScheduleL
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, Line 6 | Licking Rural Electrification has 26,344 members who elect the members of the governing board, approve significant decisions of the governing body and may receive a share of the organizations profits or excess dues or share of the organizatons assets upon the organizations dissolution |
| Form 990, Part VI, Section A, Line 7a | Each member has one vote in electing the members of the governing board |
| Form 990, Part VI, Section A, Line 7b | Some decisions of the governing body are subject to approval by members. These decisions are outlined in the articles of incorporation |
| Form 990, Part VI, Section B, Line 11 | The Form 990 is reviewed by the CEO and the CFO prior to it being signed and filed. A copy of the Form 990 is presented to the Board members prior to filing. |
| Form 990, Part VI, Section B, Line 12c | The conflict of interest policy covers all employees and directors of Licking Rural Electrification, Inc. including all related organizations. The determination of whether conflict exists is made by the CEO or other managers depending on the level of the employee involved. The CEO reviews all conflicts and any restrictions are determined on a case by case basis. |
| Form 990, Part VI, Section B, Line 15b | The Cooperative makes use of compensation data from two separate industry sources to determine pay ranges for other officers and key employees. These employees are evaluated annually by their supervisor and compensated accordingly within the guidelines of the predetermined pay ranges. The Cooperative has retained an independent consultant to review this compensation methodology. |
| Form 990, Part VI, Section C, Line 19 | All governing documents, conflicts of interest policy and financial statements are available upon request |
| Form 990, Part XI, Line 5 | Other assets of 35,583,572 consists of membership fees returned, retirement of estate capital credits, and the dissolution of The Energy Cooperative II, Inc. |
| Form 990, Part VI, Section B, Line 15a | The Board of Directors the Board of Licking Rural Electrification, Inc. the Cooperative has a standing Executive Committee the Executive Committee that serves as its compensation committee and performs an annual review of the compensation arrangements of the Cooperatives CEO. No member of the Executive Committee or any other member of the Board has any conflict of interest as described in the Instructions to Form 990 for Line 15 of Item VI with respect to the compensation arrangements regarding the Cooperatives CEO.The Executive Committee reviews the performance appraisals of the CEO completed by members of the Board, along with data as to comparable compensation of qualified persons in functionally comparable positions at similarly situated organizations. After reviewing the appraisals and compensation data, the Executive Committee makes a recommendation to the Board regarding adjustments to the compensation arrangements of the CEO. After deliberating, the Board makes a decision as to any adjustments to the CEOs compensation arrangements. Minutes as to the deliberations and decisions of the Board regarding the CEOs compensation arrangements are contemporaneously taken and entered into the Cooperatives records of the Boards proceedings. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| NGO TRANSMISSION COOPERATIVE | ||||||||||
| 1500 GRANVILLE RD | NEWARK | OH | 430584970 | 050592013 | NAT GAS TRANSPORT | OH | 501c12 | NO | NATL GAS & OIL COMP | false |
| PRODUCERS GAS SALES INC | ||||||||||
| 1500 GRANVILLE RD | NEWARK | OH | 430584970 | 311121963 | MKT OF NAT GAS | OH | 501c12 | NO | NATL GAS & OIL COMPANY | false |
| NATIONAL GAS & OIL COOPERATIVE | ||||||||||
| 1500 GRANVILLE RD | NEWARK | OH | 430584970 | 314215215 | NAT GAS DIST | OH | 501c12 | NO | NATL GAS & OIL COMPANY | false |
| TEC ROUND-UP FOUNDATION INC | ||||||||||
| 1500 GRANVILLE RD | NEWARK | OH | 430584970 | 203486818 | FUNDING ASSIST | OH | 501c3 | 11a | NA | false |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| NGO PROPANE COOPERATIVE | ||||||||||
| 1500 GRANVILLE RD | NEWARK | OH | 430584970 | 311603183 | PROPANE DIST | OH | NATL GAS & OIL COMPANY | C Corp | 1.00000 | false |
| NATIONAL GAS AND OIL COMPANY | ||||||||||
| 1500 GRANVILLE RD | NEWARK | OH | 430584970 | 311004640 | NAT GAS SERV | OH | NA | C Corp | 1.00000 | false |
| NGO DEVELOPMENT CORPORATION INC | ||||||||||
| 1500 GRANVILLE RD | NEWARK | OH | 430584970 | 830449797 | OIL GAS PROD | OH | NATL GAS & OIL COMPANY | C Corp | 1.00000 | false |
| THE ENERGY COOPERATIVE II INC | ||||||||||
| 1500 GRANVILLE RD | NEWARK | OH | 430584970 | 311396091 | NAT GAS MKT | OH | NA | C Corp | 1.00000 | false |
| THE ENERGY COOPERATIVE INC | ||||||||||
| 1500 GRANVILLE RD | NEWARK | OH | 430584970 | 300160177 | NAT GAS MKT | OH | NA | C Corp | 1.00000 | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (22 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt |
|---|---|
| NATIONAL GAS & OIL COOPERATIVE | |
| d | $6,277,305 |
| NGO TRANSMISSION | |
| d | $1,353,350 |
| PRODUCERS GAS SALES | |
| d | $936,422 |
| NGO DEVELOPMENT | |
| d | $414,212 |
| NGO PROPANE | |
| d | $381,492 |
| NATIONAL GAS & OIL COMPANY | |
| d | $253,382 |
| NATIONAL GAS & OIL COOPERATIVE | |
| o | $1,294,065 |
| NGO TRANSMISSION | |
| o | $118,290 |
| NGO PROPANE COOPERATIVE | |
| o | -$23,783 |
| NGO TRANSMISSION | |
| p | $3,598,071 |
| NGO COMPANY | |
| p | $34,643 |
| NATIONAL GAS & OIL COOPERATIVE | |
| q | $2,770,492 |
| PRODUCERS GAS SALES | |
| q | $10,298,082 |
| NGO PROPANE COOPERATIVE | |
| q | $1,740,330 |
| NGO DEVELOPMENT | |
| p | $6,593 |
| NGO TRANSMISSION | |
| s | $1,031,659 |
| NGO DEVELOPMENT | |
| r | $380,875 |
| NGO PROPANE COOPERATIVE | |
| r | $339,733 |
| NATIONAL GAS & OIL COMPANY | |
| r | $127,398 |
| NATIONAL GAS & OIL COOPERATIVE | |
| r | $662,705 |
| PRODUCERS GAS SALES | |
| s | $96,928 |
| PRODUCERS GAS SALES | |
| o | -$23,783 |
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