NORTHERN VIRGINIA ELECTRIC CO-OP: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- NORTHERN VIRGINIA ELECTRIC CO-OP (EIN 54-0346923)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-08-08
- IRS object ID
- 201332249349302368
- Schema version
- 2012v2.0
- 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) |
|---|---|---|
| Timestamp | 2013-08-08T13:06:20-07:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540346923 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHERN VIRGINIA ELECTRIC CO-OP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NORT | NameControl |
| Phone | 7033350500 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 2710 | AddressLine1 |
| City | Manassas | City |
| State | VA | State |
| ZIP Code | 201080875 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Wilbur Rollins | Name |
| Title | Sr. VP of Finance | Title |
| Phone | 7033921626 | Phone |
| Date Signed | 2013-08-08 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NOVEC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Stanley C Feuerberg | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 2710 | AddressLine1 |
| City | Manassas | City |
| State | VA | State |
| ZIP Code | 201080875 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 389548576 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.novec.com | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1983 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | Mission: To exceed the expectations of our customers and to be the preferred energy provider in all markets we serve. Distribution of Electricity serving approx. 150,428 meters/customers. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 329 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 447929374 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 387993363 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3276947 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2509701 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -165756 | OtherRevenuePriorYear |
| Other Revenue Current Year | -954488 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 451040565 | TotalRevenuePriorYear |
| Total Revenue Current Year | 389548576 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 46127997 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 21247150 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 25694623 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 26012323 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 383811592 | OtherExpensePriorYear |
| Other Expenses Current Year | 342289103 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 455634212 | TotalExpensesPriorYear |
| Total Expenses Current Year | 389548576 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -4593647 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 0 | RevenuesLessExpensesCY |
| Total Assets BOY | 703708427 | TotalAssetsBOY |
| Total Assets EOY | 790834438 | TotalAssetsEOY |
| Total Liabilities BOY | 145561194 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 212204968 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 558147233 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 578629470 | NetAssetsOrFundBalancesEOY |
| Mission Description | To exceed the expectations of our customers and to be the preferred energy provider in all markets served. Distribution of Electricity (150,428 Meters/Customers) | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 368301426 | Expense |
| Grants | 0 | Grants |
| Revenue | 387993363 | Revenue |
| Description | Provide affordable serivce to its 150,428 members with 99.99% average system reliability rate. NOVEC returned to its member-owners $1.1M in patronage capital; connected 2,802 metered and completed $32.8M in new construction during the fiscal year. | Description |
| Total Of Other Program Service Exp | 0 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 368301426 | TotalProgramServiceExpense |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 1 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 41 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 329 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Gross Income From Members | 382234164 | GrossIncomeFromMembers |
| Gross Income Other Sources | 5759200 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NOVEC | BusinessNameLine1 |
| Business Name Line2 | Northern Virginia Electric Cooperative | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7033350500 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10323 Lomond Drive | AddressLine1 |
| Address Line2 | PO Box 2710 | AddressLine2 |
| City | Manassas | City |
| State | VA | State |
| ZIP Code | 201080875 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (30 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| Grove Walter | |||||||||
| Treasurer | 0.96 | 0 | X | 42830 | 0 | 4000 | |||
| Wheeler Ann | |||||||||
| Board Member | 3.02 | 0 | X | 45111 | 0 | 4600 | |||
| Ragan Michael | |||||||||
| Secretary | 3.3 | 0 | X | 27476 | 0 | 7600 | |||
| Harris Harry | |||||||||
| Board Member | 2.6 | 0 | X | 19951 | 0 | 0 | |||
| Zilliott William | |||||||||
| Board Member | 3.27 | 0 | X | 27914 | 0 | 0 | |||
| House Wade | |||||||||
| Chairman | 2.04 | 0 | X | 27476 | 0 | 7600 | |||
| Gilbride Cynthia | |||||||||
| Board Member | 2.83 | 0 | X | 23176 | 0 | 4000 | |||
| Chesley James | |||||||||
| Board Member | 1.7 | 0 | X | 23376 | 0 | 4000 | |||
| Garber Manley | |||||||||
| Vice Chairman | 2.94 | 0 | X | 39227 | 0 | 7600 | |||
| Feuerberg Stan | |||||||||
| Exec Director/CEO | 40 | 0 | 538208 | 0 | 80351 | X | |||
| Rollins Wilbur | |||||||||
| Senior Vice President | 40 | 0 | 241464 | 0 | 57335 | X | |||
| Bisson Robert | |||||||||
| Vice President | 40 | 0 | 188613 | 0 | 31081 | X | |||
| Moxley James | |||||||||
| Senior Vice President | 40 | 0 | 187959 | 0 | 58677 | X | |||
| Dailey Michael | |||||||||
| Vice President | 40 | 0 | 173348 | 0 | 56343 | X | |||
| Barbee Allen | |||||||||
| Vice President | 40 | 0 | 122829 | 0 | 28351 | X | |||
| Curtis William | |||||||||
| Vice President | 40 | 0 | 143167 | 0 | 46630 | X | |||
| Toulme Patrick | |||||||||
| Corporate Counsel | 40 | 0 | 176315 | 0 | 56148 | X | |||
| Parsons Marlene | |||||||||
| Vice President | 40 | 0 | 144524 | 0 | 38036 | X | |||
| Johnson Diane | |||||||||
| Vice President | 40 | 0 | 120760 | 0 | 32679 | X | |||
| Shaffer Clarence | |||||||||
| Manager Operation | 40 | 0 | 124896 | 0 | 42503 | X | |||
| Blaylock Kenneth | |||||||||
| Manager Substation and Telecommunication | 40 | 0 | 122421 | 0 | 44159 | X | X | ||
| Jaramillo Gilbert | |||||||||
| Manager Business Development | 40 | 0 | 130729 | 0 | 47135 | X | |||
| Rainey John | |||||||||
| Sr. Energy Contract Originator | 40 | 0 | 159777 | 0 | 51724 | X | |||
| Myers Gordon | |||||||||
| Accounting Manager | 40 | 0 | 111017 | 0 | 27887 | X | |||
| McElhiney David | |||||||||
| Manager SEP | 40 | 0 | 112932 | 0 | 43989 | X | X | ||
| Hawkins Warren | |||||||||
| Manager Quality Assurance | 40 | 0 | 110710 | 0 | 30141 | X | X | ||
| Hollcroft Mason | |||||||||
| Manager construction | 40 | 0 | 110372 | 0 | 43099 | X | X | ||
| Litten Wayne | |||||||||
| Service Technician | 56.77 | 0 | 115692 | 0 | 33171 | X | |||
| Hampton Dan | |||||||||
| Line Technician | 62.73 | 0 | 111650 | 0 | 25666 | X | |||
| Price Kevin | |||||||||
| Service Technician | 52.83 | 0 | 106152 | 0 | 38352 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3630072 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 952857 | TotalOtherCompensation |
| Number Individuals GT100 K | 21 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Leo Construction Company | |||||
| PO Box 966 | Sterling | VA | 201673966 | Underground Utility construction | 2867400 |
| Dewberry and Davis Consultants | |||||
| PO Box 1824 | Merrifield | VA | 22116 | Substation Design and Project Review | 175019 |
| Alex-Alternative Experts LLC | |||||
| PO Box 434 | Marshall | VA | 20116 | Engineering Support | 150599 |
| KPMG | |||||
| PO Box 841156 | Dallas | TX | 752841156 | Auditing Services | 208950 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Electric Sales | 221000 | 382234164 | 382234164 | 0 | $0 |
| Electric Services | 221000 | 3924171 | 3924171 | 0 | $0 |
| Rent from Electric Property | 221000 | 1835028 | 1835028 | 0 | $0 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 387993363 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2509701 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2509701 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | 0 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | 0 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 0 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 0 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 0 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 0 | GrossIncomeGaming |
| Gaming Direct Expenses | 0 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 0 | GrossSalesOfInventory |
| Cost Of Goods Sold | 0 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Fiber Optic Leases | 221000 | 565645 | 565645 | 0 | $0 |
| Patronage from Associated Organization | 900099 | -1520133 | -1520133 | 0 | $0 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | -954488 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 389548576 | TotalRevenueColumn |
| Related Or Exempt Function Income | 389548576 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21247150 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1879207 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16061939 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2917679 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3968189 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1185309 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3644333 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 131079 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 280205 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46041 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 548337 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 753792 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3674703 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1440410 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 240187 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77889 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28279 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3857973 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60220 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20578493 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 798744 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| Property Taxes | 6320372 |
| Purchased Power Supply | 291186682 |
| Transmission & Distribution Expense | 4536381 |
| Consumer Services | 3071040 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1013943 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 389548576 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4377689 | BOY |
| EOY | 6702422 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55616613 | BOY |
| EOY | 46247208 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 576192 | BOY |
| EOY | 108406 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27586251 | BOY |
| EOY | 36586305 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 70000000 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8257290 | BOY |
| EOY | 8727931 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1303361 | BOY |
| EOY | 1007801 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 707478324 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 232995384 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 459827679 | BOY |
| EOY | 474482940 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49336979 | BOY |
| EOY | 51357212 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6197085 | BOY |
| EOY | 6612059 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90629288 | BOY |
| EOY | 89002154 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 703708427 | BOY |
| EOY | 790834438 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29248147 | BOY |
| EOY | 31605698 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2767375 | BOY |
| EOY | 2329406 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88383491 | BOY |
| EOY | 79732452 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 70000000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25162181 | BOY |
| EOY | 28537412 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 145561194 | BOY |
| EOY | 212204968 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1129378 | BOY |
| EOY | 1051157 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20918470 | BOY |
| EOY | 21582498 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 536099385 | BOY |
| EOY | 555995815 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 558147233 | BOY |
| EOY | 578629470 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 703708427 | BOY |
| EOY | 790834438 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 0 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 0 | ReconciliationUnrealizedInvest |
| Reconcilation Donated Services | 0 | ReconcilationDonatedServices |
| Reconcilation Invest Expenses | 0 | ReconcilationInvestExpenses |
| Reconcilation Prior Adjustment | 0 | ReconcilationPriorAdjustment |
| Reconcilation Other Changes | 20482237 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Both | X | FinancialStatementBoth |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | 5060 | PoliticalExpenditures |
| Volunteer Hours | 0 | VolunteerHours |
| Amt Expended For527 Activities | 4135 | AmtExpendedFor527Activities |
| Amt Of Internal Funds Contributed | 925 | AmtOfInternalFundsContributed |
| Total Exmpt Function Expenditures | 5060 | TotalExmptFunctionExpenditures |
| Form1120 Pol Filed | 1 | Form1120PolFiled |
Sec527 Pol Orgs Sec527PolOrgs (14 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Amt Pd From Internal FundsAmtPdFromInternalFunds | Amt Of Contribs Recd DeliveredAmtOfContribsRecdDelivered | Business Name Line2NameOf527Organization/BusinessNameLine2 |
|---|---|---|---|---|---|---|---|
| Friends of Tag Greason | |||||||
| PO Box 651293 | Potomac Falls | VA | 20165 | 260330076 | 250 | 0 | |
| J Chapman Petersen | |||||||
| Post Office Box 1066 | Fairfax | VA | 220381066 | 760846380 | 510 | 0 | Petersen for State Senate |
| Friends of Jackson Miller | |||||||
| PO Box 10072 | Manassas | VA | 201080632 | 300369691 | 500 | 0 | |
| Dave Marsden | |||||||
| 9322 Jackson Street | Burke | VA | 22015 | 421691958 | 300 | 0 | Marsden for Senate |
| Friends of Scott Lingamfelter | |||||||
| 5420 Lomax Way | Woodbridge | VA | 22193 | 470911440 | 350 | 0 | |
| Mark Herring for Senate | |||||||
| PO Box 6246 | Leesburg | VA | 20178 | 204002020 | 250 | 0 | |
| Puller for Senate | |||||||
| PO Box 73 | Mt Vernon | VA | 22121 | 541998179 | 250 | 0 | |
| Barker for Senate | |||||||
| PO Box 10527 | Alexandria | VA | 22310 | 870782633 | 250 | 0 | |
| Friends of Mike May | |||||||
| 12322 Mulberry Court | Woodbridge | VA | 22192 | 134218831 | 250 | 0 | |
| Friends of John Jenkins | |||||||
| 4194 Windflower Court | Dale City | VA | 22193 | 541998247 | 200 | 0 | |
| Friends of Luke Torian | |||||||
| 4222 Fortuna Plaza No 659 | Dumfries | VA | 22025 | 264035793 | 500 | 0 | |
| Friends of Pat Herrity | |||||||
| PO Box 2863 | Springfield | VA | 22152 | 208668416 | 250 | 0 | |
| LeMunyon for Delegate | |||||||
| 3296 Willow Glen Drive | Oak Hill | VA | 201711916 | 262196998 | 25 | 0 | |
| Friends of David Ramadan | |||||||
| 25050 Riding Plaza Suite 130650 | South Riding | VA | 20152 | 452384227 | 250 | 0 | |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchC_P1A_S00_L01 | Identifier |
| Return Reference | Schedule C, Part I-A, Line 1 | ReturnReference |
| Explanation | Provided campaign contributions to local and state candidates | Explanation |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 15966108 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Book Value | 15966108 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 21436930 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 9933327 | Depreciation |
| Book Value | 11503603 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 645882 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 271502 | Depreciation |
| Book Value | 374380 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 25642118 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 15026337 | Depreciation |
| Book Value | 10615781 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 643787286 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 207764218 | Depreciation |
| Book Value | 436023068 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 474482940 | TotalOfBookValueLandBuildings |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 51357212 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 51357212 | TotalOfBookValueSecurities |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Investment in Associated Organizations | 52375356 |
| Collateral | 9350000 |
| Special Funds-457 Compensation | 1858843 |
| Accrued Revenue | 24380235 |
| Other Current and Accrued Assets | 1037720 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 89002154 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Consumer Deposits | $9,217,451 |
| Purchased Power Cost Recovery | $16,791,591 |
| Provision for Pension Benefits | $2,044,243 |
| Current and Accrued Liabilities | $484,127 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 28537412 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 389548576 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 0 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | 0 | OtherRevenues |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 389548576 | RevenueSubtotal |
| Investment Expenses Not Included | 0 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 0 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 389548576 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 368301426 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 0 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | 0 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 368301426 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 0 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 21247150 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 21247150 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 389548576 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchD_P12_S00_L04b | Identifier |
| Return Reference | Schedule D, Part XII, Line 4b | ReturnReference |
| Explanation | Included in Part IX line 4 is patronage dividends paid to members that is not recorded as an expenses on NOVEC's audited financial statements. Patronage allocated to members are recorded as a reduction to equity on the audited balance sheet. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (30 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Grove Walter | ||||||||||||||
| Treasurer | 23800 | 0 | 0 | 0 | 19030 | 0 | 4000 | 0 | 0 | 0 | 46830 | 0 | 0 | |
| Wheeler Ann | ||||||||||||||
| Board Member | 23500 | 0 | 0 | 0 | 21611 | 0 | 4600 | 0 | 0 | 0 | 49711 | 0 | 0 | 0 |
| Ragan Michael | ||||||||||||||
| Secretary | 25900 | 0 | 0 | 0 | 1576 | 0 | 7600 | 0 | 0 | 0 | 35076 | 0 | 0 | 0 |
| Harris Harry | ||||||||||||||
| Board Member | 19800 | 0 | 0 | 0 | 151 | 0 | 0 | 0 | 0 | 0 | 19951 | 0 | 0 | 0 |
| Zilliott William | ||||||||||||||
| Board Member | 27100 | 0 | 0 | 0 | 814 | 0 | 0 | 0 | 0 | 0 | 27914 | 0 | 0 | 0 |
| House Wade | ||||||||||||||
| Chairman | 25900 | 0 | 0 | 0 | 1576 | 0 | 7600 | 0 | 0 | 0 | 35076 | 0 | 0 | 0 |
| Gilbride Cynthia | ||||||||||||||
| Board Member | 21600 | 0 | 0 | 0 | 1576 | 0 | 4000 | 0 | 0 | 0 | 27176 | 0 | 0 | 0 |
| Chesley James | ||||||||||||||
| Board Member | 21800 | 0 | 0 | 0 | 1576 | 0 | 4000 | 0 | 0 | 0 | 27376 | 0 | 0 | 0 |
| Garber Manley | ||||||||||||||
| Vice Chairman | 20200 | 0 | 0 | 0 | 19027 | 0 | 7600 | 0 | 0 | 0 | 46827 | 0 | 0 | 0 |
| Feuerberg Stan | ||||||||||||||
| Exec Director/CEO | 478708 | 0 | 20000 | 0 | 22500 | 0 | 17000 | 0 | 80911 | 0 | 619119 | 0 | 0 | 0 |
| Rollins Wilbur | ||||||||||||||
| Senior Vice President | 184464 | 0 | 17500 | 0 | 22500 | 0 | 17000 | 0 | 57335 | 0 | 298799 | 0 | 0 | 0 |
| Bisson Robert | ||||||||||||||
| Vice President | 158113 | 0 | 17500 | 0 | 13000 | 0 | 0 | 0 | 31381 | 0 | 219994 | 0 | 0 | 0 |
| Moxley James | ||||||||||||||
| Senior Vice President | 160689 | 0 | 16750 | 0 | 10520 | 0 | 0 | 0 | 58677 | 0 | 246636 | 0 | 0 | 0 |
| Dailey Michael | ||||||||||||||
| Vice President | 139720 | 0 | 19000 | 0 | 14628 | 0 | 0 | 0 | 56343 | 0 | 229691 | 0 | 0 | 0 |
| Barbee Allen | ||||||||||||||
| Vice President | 89453 | 0 | 12000 | 0 | 21376 | 0 | 0 | 0 | 28669 | 0 | 151498 | 0 | 0 | 0 |
| Curtis William | ||||||||||||||
| Vice President | 128464 | 0 | 13250 | 0 | 1452 | 0 | 0 | 0 | 46630 | 0 | 189796 | 0 | 0 | 0 |
| Toulme Patrick | ||||||||||||||
| Corporate Counsel | 133761 | 0 | 20000 | 0 | 19954 | 0 | 2600 | 0 | 56148 | 0 | 232463 | 0 | 0 | 0 |
| Parsons Marlene | ||||||||||||||
| Vice President | 110274 | 0 | 11750 | 0 | 22500 | 0 | 0 | 0 | 38036 | 0 | 182560 | 0 | 0 | 0 |
| Johnson Diane | ||||||||||||||
| Vice President | 89260 | 0 | 11500 | 0 | 20000 | 0 | 0 | 0 | 32679 | 0 | 153439 | 0 | 0 | 0 |
| Blaylock Kenneth | ||||||||||||||
| Manager Substation and Telecommunication | 92908 | 0 | 16487 | 0 | 13027 | 0 | 0 | 0 | 44159 | 0 | 166581 | 0 | 0 | 0 |
| Jaramillo Gilbert | ||||||||||||||
| Manager Business Development | 102263 | 0 | 17670 | 0 | 10797 | 0 | 0 | 0 | 47135 | 0 | 177865 | 0 | 0 | 0 |
| Rainey John | ||||||||||||||
| Sr. Energy Contract Originator | 116353 | 0 | 20924 | 0 | 22500 | 0 | 0 | 0 | 51724 | 0 | 211501 | 0 | 0 | 0 |
| Shaffer Clarence | ||||||||||||||
| Manager Operation | 89324 | 0 | 15072 | 0 | 20500 | 0 | 0 | 0 | 42733 | 0 | 167629 | 0 | 0 | 0 |
| Myers Gordon | ||||||||||||||
| Accounting Manager | 94909 | 0 | 14548 | 0 | 1560 | 0 | 0 | 0 | 27887 | 0 | 138904 | 0 | 0 | 0 |
| Litten Wayne | ||||||||||||||
| Service Technician | 114497 | 0 | 250 | 0 | 946 | 0 | 0 | 0 | 33171 | 0 | 148864 | 0 | 0 | |
| McElhiney David | ||||||||||||||
| Manager SEP | 87769 | 0 | 15068 | 0 | 10095 | 0 | 0 | 0 | 43989 | 0 | 156921 | 0 | 0 | 0 |
| Hawkins Warren | ||||||||||||||
| Manager Quality Assurance | 88172 | 0 | 14218 | 0 | 8320 | 0 | 0 | 0 | 30141 | 0 | 140851 | 0 | 0 | 0 |
| Hollcroft Mason | ||||||||||||||
| Manager construction | 80680 | 0 | 14849 | 0 | 14842 | 0 | 0 | 0 | 43099 | 0 | 153470 | 0 | 0 | 0 |
| Hampton Dan | ||||||||||||||
| Line Technician | 104675 | 0 | 250 | 0 | 6725 | 0 | 0 | 0 | 25666 | 0 | 137316 | 0 | 0 | 0 |
| Price Kevin | ||||||||||||||
| Service Technician | 89296 | 0 | 250 | 0 | 16606 | 0 | 0 | 0 | 38351 | 0 | 144503 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchJ_P01_S00_L03 | Identifier |
| Return Reference | Schedule J, Part I, Line 3 | ReturnReference |
| Explanation | The CEO's compensation is the responsibility of the Executive committee of the Board of Directors. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P06_S0A_L06 | Form 990, Part VI, Section A, Line 6 | NOVEC is a member owned electric cooperative |
| F990_P06_S0A_L07a | Form 990, Part VI, Section A, Line 7a | NOVEC's members elect the governing body by vote or proxy at the annual meeting |
| F990_P06_S0B_L11b | Form 990, Part VI, Section B, Line 11b | The Form 990 is reviewed by the Accounting Manager, Vice President of Finance and Board of Directors for accuracy and completeness compared to the audited financial statements |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | The policy is monitored and enforced through education and awareness at regular employee meetings and inquiries of directors. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | The VP of Human Resources is responsible for compensation packet for officers and key employees. A market analysis is performed by an independent consultants group with benchmarks by industry and geographical data. The CEO approves compensation packets for key employees. The Executive committee of the Board of Directors review officers compensation, benefits and contract amendments with recommendation for approval |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | All documents are made available, upon written request, by mail, fax or electronic copy. |
| F990_P09_S00_L04 | Form 990, Part IX, Line 4 | As an Electric Cooperative, NOVEC defines patronage dividends "paid" as margins to be allocated to its members for the current fiscal period. These dividends paid are not recorded as expenses per GAAP guidelines. |
| F990_P11_S00_L09 | Form 990, Part XI, Line 9 | NOVEC does not record its patronage dividends paid or allocated to members as an expense. They are recorded as a reduction to equity on the balance sheet ($21,247,150); patronage capital retirements ($1,350,721) and Other changes in Equitites $585,807 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership | Business Name Line2NameOfRelatedOrg/BusinessNameLine2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NOVEC Holdings Inc | ||||||||||||
| 10323 Lomond Drive | Manassas | VA | 20109 | 900719502 | Energy Production and Distribution | DE | Northern Virginia Electric Cooperative | C | 100 | 100 | 1 | |
| NOVEC Energy Solutions Inc | ||||||||||||
| PO Box 2710 | Manassas | VA | 20108 | 542001851 | Retail sale of Natural Gas | VA | NOVEC Holdings Inc | C | 1 | |||
| NOVEC Solutions Inc | ||||||||||||
| PO Box 2710 | Manassas | VA | 20108 | 541830182 | Retail sale pf generators, water heaters, surge protectors | VA | NOVEC Holdings Inc | C | 1 | |||
| South Boston Energy LLC | ||||||||||||
| PO Box 2710 | Manassas | VA | 20108 | 641649511 | Biomass generation power plant | VA | NOVEC Holdings Inc | C | 1 | DBA NOVEC Energy Production2 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 1 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination | Business Name Line2NameOfOtherOrganization/BusinessNameLine2 |
|---|---|---|---|
| NOVEC Solutions Inc | |||
| j | 3659 | Rent is determined by rental market analysis | |
| NOVEC Energy Solutions Inc | |||
| j | 14919 | Rent is determined by rental market analysis | |
| NOVEC Solutions Inc | |||
| q | 101248 | Labor is reimbursed at cost plus fringe benefits fees | |
| NOVEC Energy Solutions Inc | |||
| q | 66991 | Labor is reimbursed at cost plus fringe benefits fees | |
| South Boston Energy LLC | |||
| q | 268354 | Labor is reimbursed at cost plus fringe benefits fees | DBA NOVEC Energy Production2 |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | NOVEC was granted an extension of time to file Notice #CP211A dated June 24, 2013 | Explanation |
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