2016-10-24T06:54:13-00:00 2015-12-31 990 2015-01-01 314234980 LICKING RURAL ELECTRIFICATION INC LICK 8002556815 1500 GRANVILLE ROAD NEWARK OH 430584970 Patrick McGonagle CFO 10192016 2016-10-19 false 2015 2017-02-10 21:41:12Z PAT MCGONAGLE 1500 GRANVILLE ROAD NEWARK OH 43058 53367504 false X www.theenergycoop.com X 1936 OH DISTRIBUTE ELECTRICITY TO ITS MEMBERS 9 9 46 0 0 51636161 49849974 382022 311962 2551533 3205568 54569716 53367504 0 0 1290034 1033329 0 0 47962537 46912545 49252571 47945874 5317145 5421630 291304395 308079697 203146037 214592734 88158358 93486963 DISTRIBUTE ELECTRICITY TO ITS MEMBERS false false 47945875 53367504 LICKING RURAL ELECTRIFICATION DISTRIBUTES ELECTRICITY TO 25,175 CUSTOMERS IN 9 COUNTIES WITHIN OHIO. 47945875 false false false false false false false false false true true false true true true false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 49 0 true 46 true false false false false false false 49849974 3517530 false X 9 9 false false false false true true true true true false false true true true true true true true true false OH X PAT MCGONAGLE 8002556815 1500 GRANVILLE ROAD NEWARK OH 430584970 JOHN KLAUDER DIRECTOR 001.00 005.00 X 15675 0 0 NELSON SMITH DIRECTOR 008.00 008.00 X 20400 0 0 DONALD HAWK DIRECTOR 000.67 003.33 X 12350 0 0 JACK SCHMIDT JR DIRECTOR 001.58 007.92 X 16350 0 0 JOHN PARKINSON DIRECTOR 000.67 003.33 X 11875 0 0 TOM GRAHAM DIRECTOR 000.67 003.33 X 12350 0 0 DANIEL DUPPS DIRECTOR 000.75 003.75 X 13775 0 0 DUSTIN BUCKINGHAM DIRECTOR 000.67 003.33 X 12825 0 0 JOANNE LITTLE DIRECTOR 000.67 003.33 X 13775 0 0 TODD WARE PRESIDENT CEO 014.00 026.00 X 0 300118 88549 PAT MCGONAGLE VP CFO 014.00 026.00 X 0 232002 86370 DANIEL MCVEY VP COO 040.00 X 0 232662 89215 GARY GLOVER VP COO 040.00 X 158094 0 56261 CONNIE HOGUE DIRECTOR-HR SAFETY 014.00 026.00 X 0 165951 50390 ALLISON SAFFLE CONTROLLER DIRECTOR OF MEMBER SERVICES 014.00 026.00 X 0 187127 58802 DAVID DETTY GAS OPERATIONS MANAGER 040.00 X 0 131344 58190 LIJA KALEPS-CLARK DIRECTOR OF LAND LEGAL SERVICES 010.00 030.00 X 154026 0 47127 ALAN EHLERS GAS SUPPLY MANAGER 040.00 X 0 128872 57902 441495 1378076 592806 5 false true false R&R PIPELINE 155 DAYTON RD NEWARK OH 43055 FACILITIES CONSTRUCTION 1253686 VAUGHN INDUSTRIES 1201 E FINDLAY STREET CAREY OH 43316 FACILITIES CONSTRUCTION 1061803 WA KENDALL PO BOX 831 LAWRENCEVILLE GA 30046 RIGHT OF WAY CLEARING 816610 NEW RIVER PO BOX 70 CLOVERDALE VA 24077 FACILITIES CONSTRUCTION 811497 NOXIOUS VEGETATION L-2533 COLUMBUS OH 43260 RIGHT OF WAY CLEARING 177401 8 RESIDENTIAL COMMERCIAL 49849974 49849974 49849974 329136 329136 360334 360334 360334 360334 -17174 -17174 -17174 -17174 PATRONAGE CAPITAL 2845234 2845234 2845234 53367504 49849974 3517530 0 0 0 0 287469 0 461922 0 283938 0 0 0 0 0 0 0 0 276874 0 0 0 0 0 91430 3838441 0 3961265 19398 PURCHASE POWER 28948095 MAINTENANCE 3186739 PROPERTY TAXES 2039388 CUSTOMER ACCOUNTS 1204253 3346662 47945874 1992737 1139346 6777421 5938745 700354 650966 130868 119206 139686971 36852664 96752537 102834307 34705275 36666875 150245203 160730252 291304395 308079697 7704909 7689280 191049044 202321558 4392084 4581896 203146037 214592734 X 141370 136805 88016988 93350158 88158358 93486963 291304395 308079697 X 5421630 -93025 X false X true X true false false false 603569 603569 86032136 18426332 67605804 53051266 18426332 34624934 102834307 Financial derivatives and other financial products Closely-held equity interests PATRONAGE CAPTIAL 36666875 C 36666875 INTERCOMPANY ACCOUNTS 160730252 160730252 Federal income taxes ACCRUED POST RETIREMENT PENSION 3951514 DEFERRED CREDIT 93425 CONSUMER DEPOSITS 536957 4581896 X X 2 The Cooperative accounts for uncertainty in income taxes in its consolidated financial statements as required under Financial Accounting Standards Codification, Accounting for Uncertainty in Income Taxes. The Cooperative believes there are no material uncertain tax positions. true X X false false false TODD WARE PRESIDENT CEO 287389 5000 7729 75744 12805 388667 PAT MCGONAGLE VP CFO 222932 3000 6070 64391 21979 318372 DANIEL MCVEY VP COO 221659 5000 6003 67236 21979 321877 GARY GLOVER VP COO 151318 2500 4276 41395 14866 214355 CONNIE HOGUE DIRECTOR-HR SAFETY 157082 3000 5869 43210 7180 216341 ALLISON SAFFLE CONTROLLER DIRECTOR OF MEMBER SERVICES 178228 3000 5899 51622 7180 245929 DAVID DETTY GAS OPERATIONS MANAGER 127131 4213 36211 21979 189534 LIJA KALEPS-CLARK DIRECTOR OF LAND LEGAL SERVICES 146852 1250 5924 39947 7180 201153 ALAN EHLERS GAS SUPPLY MANAGER 123872 5000 35923 21979 186774 Form 990, Part VI, Section A, Line 6 Licking Rural Electrification has 25,175 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 organizations 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 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 invovled. The CEO reviews all conflicts and any restrictions imposed are determined on a case by case basis. Form 990, Part VI, Section B, Line 15 The process of determining the compensation of all officers, directors and highly compensated employees includes a review and approval by independent persons and contemporaneous substantiation of the deliberation and decision. Form 990, Part VI, Section C, Line 19 All governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part XI, Line 5 Other assets of 93,025 consists of membership fees returned and the retirement of estate capital credits. 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