2020-11-10T13:03:49-08:00 2019-12-31 743040374 Kevin S Kelso CPA PC PA 6700 Squibb Road Suite 215 Mission KS 66202 990 2019-01-01 370495772 Rural Electric Convenience Cooperative RURA 2174386197 PO Box 19 Auburn IL 62615 David Stuva President & CEO 2020-11-10 true George Lynch P00187596 9138311150 2019 2021-04-22 16:20:28Z David Stuva 14339410 false X www.recc.coop X 1936 IL As an energy and services cooperative, our Members' needs are Rural Electric Convenience Cooperative's first priority. 9 9 31 14765 13765 0 14276045 14200987 54686 27433 209418 110990 14540149 14339410 0 814910 671381 705751 737448 0 0 13019488 12930581 14540149 14339410 0 40270471 41956194 27651698 29000008 12618773 12956186 As an energy and services cooperative, our Members' needs are Rural Electric Convenience Cooperative's first priority. false false Rural Electric Convenience Cooperative (RECC) serves 5,862 consumers in Sangamon, Morgan, Macoupin, Christian, and Montgomery counties. RECC also serves consumers in several growing subdivisions around Springfield, Taylorville, Litchfield, and other towns. false false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 15 0 true 31 true true true false false false false 14160039 416203 false false false X 9 9 false false false false true true true true true false false true true true true true true true false false X Aubrie Megginson 2174386197 PO Box 19 Auburn IL 626150019 David E Stuva President & CEO 50.00 0.00 X 194316 0 134072 Timothy Hemberger COO 45.00 0.00 X 88838 0 82721 George M Sheerin Mgr Finance CFO 45.00 0.00 X 97897 0 48194 Thomas Hart Director 4.00 0.00 X 12660 0 0 Lou Weitekamp Director 4.00 0.00 X 12360 0 0 John Beatty Director 4.00 0.00 X 12060 0 0 Jimmy Ayers Director 4.00 0.00 X 11160 0 0 Cassie Eigenmann Director 4.00 0.00 X 10560 0 0 Melvin Repscher Director 5.00 0.00 X 9960 0 0 Chris Wilcox Director 4.00 0.00 X 9060 0 0 Andy Goleman Director 4.00 0.00 X 7560 0 0 Clayton Bloome Director 4.00 0.00 X 6030 0 0 472461 264987 1 false true false Farm Credit Leasing Services NW-9675 PO Box 1450 Minneapolis MN 55485 Vehicle Leasing 203463 Foiles Tree Service PO Box 1 Hillview IL 62050 Tree Contractor 165100 National Information Solution Cooperative PO Box 1147 Mandan ND 58554 Business Software 150405 Association of Illinois Electric Cooperatives PO Box 3787 Springfiled IL 62708 Support Services 114254 4 0 Capital Credits 221000 194308 194308 Other Electric Revenue 221000 169691 169691 Sale of Electricity 221000 13836988 13836988 14200987 27433 27433 0 0 0 0 0 0 0 990T Income 900099 14765 14765 Misc Non Electric Revenue 900099 96225 96225 110990 14339410 14324645 14765 0 0 0 671381 737448 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1019424 0 1575954 0 Cost of Power 7666815 Distribution Expense 1651238 Admin & General 584792 Member Services 432358 0 14339410 0 0 0 27118 145203 0 0 1430638 1315107 0 0 0 523729 534921 967758 822843 55343017 17928247 35693869 37414770 0 0 1627359 1723350 0 0 40270471 41956194 1821851 2047069 200604 221248 25307933 26414220 321310 317471 27651698 29000008 X 742482 898300 11876291 12057886 12618773 12956186 40270471 41956194 X 0 337413 X false true X true false 22209 22209 1315712 672178 643534 54005096 17256069 36749027 37414770 Acc Provision for Post Retirement 317471 317471 X 14339410 14339410 14339410 13668029 13668029 671381 671381 14339410 Part X : FIN48 Footnote An evaluation of whether or not it has any uncertain tax positions is determined on an annual basis by the Association. While the Association believes it has adequately provided for all tax positions, amounts asserted by taxing authorities could be different than the positions taken by the Association. The Association recognizes any interest and penalties assessed by taxing authorities in income tax expense and, with few exceptions, is no longer subject to federal, state or local income tax examinations by taxing authorities for years before 2016. Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Benefits Allocated to Members $671381 X false false false David E Stuva President & CEO 194316 123037 11035 328388 Timothy Hemberger COO 88838 70124 12597 171559 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The Cooperative is a member owned cooperative. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body All Board members are elected by the membership. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Any bylaw changes are approved by the Members. Form 990, Part VI, Line 11b: Form 990 Review Process The IRS Form 990 is reviewed by management and then emailed to the Board Members. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The Organization is self policed. Typically Directors and Key Employees are addressed before conflicts could arise. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The process for determining compensation of the Organization's CEO is done through an anuual review by the Board. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Bylaws are offered to all new Members. Other Changes In Net Assets Or Fund Balances - Other Increases Gain on Retirements = $131387 Other Changes In Net Assets Or Fund Balances - Other Increases Net Margins Assigned to Members = $671381 Other Changes In Net Assets Or Fund Balances - Other Decreases Retirement of Capital Credits = -$465355 Form 990, Part IX, Line 4 The instructions to the 2019 Form 990 indicate that organizations exempt under Section 501 (c) (12) should report 'patronage dividends paid' to their members in Part IX, Line 4 of the Form 990. The Cooperative has interpreted the words 'patronage dividends paid' in the instructions to mean margins that are assigned or assignable to the members. The Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assignable to the members for the calendar year ended December 31, 2019.