Civic Intelligence

Harrison Rural Electrification Asso

990 • Fiscal year 2013 • EIN 55-0189745

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 07, 2014

Organization ProfileWWW.HARRISONREA.COM
Rr 6 Box 50226301

(304) 624-6365

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.62x

Higher debt load relative to assets than 73% of similar nonprofits.

2013 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

54th percentile

1.53x

Higher debt load relative to revenue than 54% of similar nonprofits.

2013 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2013

Net Margin

77th percentile

7.9%

Higher net margin than 77% of similar nonprofits.

2013 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

34th percentile

$158,965

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2013 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2013

Asset Growth

71st percentile

7.3%

Faster asset growth than 71% of similar nonprofits.

2013 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$33,711,991

Up $2,284,558 (+7.3%) from 2012

Net Assets

Up

$12,651,469

Up $848,692 (+7.2%) from 2012

Liabilities

Up

$21,060,522

Up $1,435,866 (+7.3%) from 2012

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin77th percentile

Revenue

$13,783,874

No earlier filing loaded for comparison.

Expenses

Down

$12,697,726

Down $16,952 (-0.1%) from 2012

Net Income

$1,086,148

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $30,248,999Liabilities 2010: $20,431,992Net Assets 2010: $9,817,0072010Assets 2011: $31,092,882Liabilities 2011: $20,044,381Net Assets 2011: $11,048,5012011Assets 2012: $31,427,433Liabilities 2012: $19,624,656Net Assets 2012: $11,802,7772012Assets 2013: $33,711,991Liabilities 2013: $21,060,522Net Assets 2013: $12,651,4692013Assets 2014: $35,273,493Liabilities 2014: $21,581,898Net Assets 2014: $13,691,5952014Assets 2015: $35,196,183Liabilities 2015: $20,827,900Net Assets 2015: $14,368,2832015Assets 2016: $36,411,848Liabilities 2016: $20,882,835Net Assets 2016: $15,529,0132016Assets 2017: $36,166,152Liabilities 2017: $19,372,512Net Assets 2017: $16,793,6402017Assets 2018: $36,307,202Liabilities 2018: $17,888,683Net Assets 2018: $18,418,5192018Assets 2019: $35,554,176Liabilities 2019: $16,095,359Net Assets 2019: $19,458,8172019Assets 2020: $36,681,796Liabilities 2020: $15,774,138Net Assets 2020: $20,907,6582020Assets 2021: $39,716,529Liabilities 2021: $17,107,226Net Assets 2021: $22,609,3032021Assets 2022: $43,135,007Liabilities 2022: $18,943,277Net Assets 2022: $24,191,7302022Assets 2023: $46,066,139Liabilities 2023: $20,576,831Net Assets 2023: $25,489,3082023Assets 2024: $54,498,325Liabilities 2024: $20,267,520Net Assets 2024: $34,230,8052024

Highlighted filing

2013

Assets$33,711,991
Liabilities$21,060,522
Net Assets$12,651,469
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0Expenses 2010: $11,502,1322010Expenses 2011: $12,271,3042011Expenses 2012: $12,714,6782012Revenue 2013: $13,783,874Expenses 2013: $12,697,726Net Income 2013: $1,086,1482013Revenue 2014: $15,288,064Expenses 2014: $13,515,217Net Income 2014: $1,772,8472014Revenue 2015: $14,714,335Expenses 2015: $13,778,752Net Income 2015: $935,5832015Revenue 2016: $14,163,514Expenses 2016: $12,737,699Net Income 2016: $1,425,8152016Revenue 2017: $14,155,303Expenses 2017: $12,774,694Net Income 2017: $1,380,6092017Revenue 2018: $15,494,118Expenses 2018: $13,847,014Net Income 2018: $1,647,1042018Revenue 2019: $14,443,473Expenses 2019: $13,707,986Net Income 2019: $735,4872019Revenue 2020: $13,765,881Expenses 2020: $12,163,902Net Income 2020: $1,601,9792020Revenue 2021: $14,386,396Expenses 2021: $12,876,944Net Income 2021: $1,509,4522021Revenue 2022: $14,627,050Expenses 2022: $13,251,312Net Income 2022: $1,375,7382022Revenue 2023: $13,495,859Expenses 2023: $12,405,205Net Income 2023: $1,090,6542023Revenue 2024: $22,119,895Expenses 2024: $13,420,663Net Income 2024: $8,699,2322024

Highlighted filing

2013

Revenue$13,783,874
Expenses$12,697,726
Net Income$1,086,148
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 7, 2014
Return Version
2013v3.1
Gross Receipts
$13,794,199
Mission and Program Overview

Mission

Harrison rural electrification association's (hrea) sole purpose is to provide its members with the lowest cost electricity available.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$26,945,798$27,678,106▲ $732,308
Pd in Cap Srpls Land Bldg Eqp Fund$11,769,342$12,618,049▲ $848,707
Accounts Receivable$2,649,539$2,642,564▼ $6,975
Savings and Temporary Cash Investments$796,124$1,757,279▲ $961,155
Investments Other Securities$512,229$555,950▲ $43,721
Prepaid Expenses and Deferred Charges$131,790$163,420▲ $31,630
Rtn Earn Endowment Incm Other Fnds$33,435$33,420▼ $15
Total Assets$31,427,433$33,711,991▲ $2,284,558
Other Assets Total$391,953$914,672▲ $522,719
Liabilities
Mortgage Notes Payable Secured by Investment Property$17,967,484$19,301,119▲ $1,333,635
Accounts Payable and Accrued Expenses$1,283,508$1,364,597▲ $81,089
Other Liabilities$372,044$393,265▲ $21,221
Deferred Revenue$1,620$1,541▼ $79
Total Liabilities$19,624,656$21,060,522▲ $1,435,866
Net Assets / Fund Balance
Total Net Assets Fund Balance$11,802,777$12,651,469▲ $848,692
Total Liabilities and Net Assets / Fund Balance$31,427,433$33,711,991▲ $2,284,558

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$27,678,106$6,896,148$34,574,254
Compensation and Service Providers
Top Officer Pay34th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terry StoutGeneral ManaFT$113,863$45,102$158,965
Terry StoutGeneral Manager-$113,863$45,102$158,965
Michael CrossPresident-$5,067-$5,067
Ronald WatsonDirector-$4,964-$4,964
Darrell PowellSecretary/tr-$4,416-$4,416
James StuartDirector-$4,347-$4,347
Greg RobertsonVice Preside-$3,953-$3,953
C B SharpDirector-$3,700-$3,700
Kent VanceDirector-$2,312-$2,312
Glenn Cox JrDirector-$417-$417

Highest Paid Contractors

ContractorServicesLocationCompensation
Line Clearance INCTree Clearance-$679,337
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$13,576,885
Investment Income
$-1,237
Other Revenue
$208,226
Change in Net Assets
$1,086,148

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,783,874
Total Revenue per Audited Statements
$13,783,874
Total Revenue per Form 990
$13,783,874
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,010,235
Salaries, Compensation, and Employee Benefits$1,687,491
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,185,834
Depreciation Depletion---$967,461
Interest---$766,088
Pension Plan Contributions---$254,892
Current Officers, Directors, Trustees, and Key Employees---$143,039
Other Expenses---$142,357
Occupancy---$110,061
Payroll Taxes---$103,726
All Other Expenses---$85,376
Conferences and Meetings---$39,236
Office Expenses---$33,418
Fees for Services Other---$23,755
Fees for Services Accounting---$14,000
Fees for Services Legal---$8,134
Total Functional Expenses$0$0$0$12,697,726

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$12,697,726
Total Expenses per Audited Statements$12,697,726
Total Expenses per Form 990$12,697,726
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Leases$393,265
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The association is an electric cooperative that has members who obtain a patronage ownership in the association and are issued member credits when they obtain electric service.”

Form 990, Page 6, Part VI, Line 7A

“The association membership consists of seven geographic districts. The members of each district elect a representative to the board of directors.”

Form 990, Page 6, Part VI, Line 7B

“The association has to have a majority vote of its members to enact any bylaw changes. The association has an annual members meeting where such actions, if any, are voted on.”

Form 990, Page 6, Part VI, Line 11B

“The association's general manager and office manager review the 990 and then discuss the 990 with board members at a board of directors meeting for the board's approval.”

Form 990, Page 6, Part VI, Line 12C

“The association's directors all sign conflict of interest statements when elected. These are then monitored by management and the board on an annual basis.”

Form 990, Page 6, Part VI, Line 15A

“The association's general manager is reviewed annually by the whole board of directors.”

Form 990, Page 6, Part VI, Line 15B

“The association's key employees are reviewed by the general manager. However, the board approves the budget for salary increases and limits the amount that key employees' salaries can be based on the approved budget for that year.”

Form 990, Page 6, Part VI, Line 19

“The association provides the governing documents, conflict of interest policy and financial statements to any interested party upon written request.”

Filing and Contact Details

Filer

EIN
55-0189745

Signing Officer

Name
Terry J Stout
Title
General Manager
Signed
2014-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry J Stout
Formed
1938
Legal Domicile
Wv
Voting Board Members
6,563
Independent Board Members
6,563
Employees
28

Preparer

Preparer
Jeffrey a Harr
Phone
7404745210
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Hrea makes annual trips to local schools promoting safety and participates with other area organizations.”

Form 990, Part XI, Line 9

“Retirement of patronage capital 25,958 redemptions, net of new memberships 15 increase in allowance for bad debts 211,483”

Financial Statement Notes

Schedule D, Page 3, Part X

“The cooperative complies with asc 740-10 related to uncertain tax positions. Asc 740-10 prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken on a tax return. Management is not aware of any tax positions taken by the cooperative on its tax returns that they consider to be uncertain or that would jeopardize its tax exempt status. Tax returns for the years ended 2010, 2011 and 2012 are still open and subject to examination by the internal revenue service.”

Raw XML Appendix384 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01283508
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01364597
IRS990/AccountsReceivableGrp/BOYAmt02649539
IRS990/AccountsReceivableGrp/EOYAmt02642564
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0HARRISON RURAL ELECTRIFICATION ASSOCIATION'S (HREA) SOLE PURPOSE IS TO PROVIDE ITS MEMBERS WITH THE LOWEST COST ELECTRICITY AVAILABLE.
IRS990/AllOtherExpensesGrp/TotalAmt085376
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0TERRY STOUT
IRS990/BooksInCareOfDetail/PhoneNum03046246365
IRS990/BooksInCareOfDetail/USAddress/AddressLine10600 MARKET PL SUITE 104 CHARLESTON
IRS990/BooksInCareOfDetail/USAddress/City0BRIDGEPORT
IRS990/BooksInCareOfDetail/USAddress/State0WV
IRS990/BooksInCareOfDetail/USAddress/ZIPCode026330
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0143039
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt039236
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0679337
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine10ROUTE 1 BOX 411
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City0SALEM
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State0WV
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode026426
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine10LINE CLEARANCE INC
IRS990/ContractorCompensationGrp/ServicesDesc0TREE CLEARANCE
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-1237
IRS990/CYOtherExpensesAmt011010235
IRS990/CYOtherRevenueAmt0208226
IRS990/CYProgramServiceRevenueAmt013576885
IRS990/CYRevenuesLessExpensesAmt01086148
IRS990/CYSalariesCompEmpBnftPaidAmt01687491
IRS990/CYTotalExpensesAmt012697726
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt013783874
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01620
IRS990/DeferredRevenueGrp/EOYAmt01541
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0967461
IRS990/Desc0HREA SELLS ELECTRIC TO RURAL AREA CUSTOMERS AT THE LOWEST POSSIBLE COST. HREA BUILDS LINES WHERE INVESTOR OWNED UTILITIES DO NOT WANT TO BUILD. HREA IS OWNED BY THE MEMBERS THAT IT SERVES.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt028
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt014000
IRS990/FeesForServicesLegalGrp/TotalAmt08134
IRS990/FeesForServicesOtherGrp/TotalAmt023755
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.78
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt845102
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL CROSS
IRS990/Form990PartVIISectionAGrp/PersonNm1RONALD WATSON
IRS990/Form990PartVIISectionAGrp/PersonNm2DARRELL POWELL
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES STUART
IRS990/Form990PartVIISectionAGrp/PersonNm4GREG ROBERTSON
IRS990/Form990PartVIISectionAGrp/PersonNm5C B SHARP
IRS990/Form990PartVIISectionAGrp/PersonNm6KENT VANCE
IRS990/Form990PartVIISectionAGrp/PersonNm7GLENN COX JR
IRS990/Form990PartVIISectionAGrp/PersonNm8TERRY STOUT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt05067
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14964
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24416
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt34347
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt43953
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt53700
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt62312
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7417
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8113863
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8GENERAL MANA
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01938
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-10325
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06563
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt013794199
IRS990/GrossRentsGrp/RealAmt080848
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06563
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/TotalAmt0766088
IRS990/InvestmentIncomeGrp/ExclusionAmt09088
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt09088
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0512229
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0555950
IRS990/IRPDocumentCnt014
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06896148
IRS990/LandBldgEquipBasisNetGrp/BOYAmt026945798
IRS990/LandBldgEquipBasisNetGrp/EOYAmt027678106
IRS990/LandBldgEquipCostOrOtherBssAmt034574254
IRS990/LegalDomicileStateCd0WV
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt010325
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt013576885
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0HARRISON RURAL ELECTRIFICATION ASSOCIATION'S (HREA) SOLE PURPOSE IS TO PROVIDE ITS MEMBERS WITH THE LOWEST COST ELECTRICITY AVAILABLE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt017967484
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt019301119
IRS990/NetAssetsOrFundBalancesBOYAmt011802777
IRS990/NetAssetsOrFundBalancesEOYAmt012651469
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-10325
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-10325
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt080848
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt080848
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0110061
IRS990/OfficeExpensesGrp/TotalAmt033418
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0391953
IRS990/OtherAssetsTotalGrp/EOYAmt0914672
IRS990/OtherChangesInNetAssetsAmt0-237456
IRS990/OtherExpensesGrp/Desc0COST OF POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION - MAINTENANC
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION - OPERATIONS
IRS990/OtherExpensesGrp/Desc3CONSUMER ACCOUNT
IRS990/OtherExpensesGrp/TotalAmt07884089
IRS990/OtherExpensesGrp/TotalAmt1701800
IRS990/OtherExpensesGrp/TotalAmt2234460
IRS990/OtherExpensesGrp/TotalAmt3142357
IRS990/OtherLiabilitiesGrp/BOYAmt0372044
IRS990/OtherLiabilitiesGrp/EOYAmt0393265
IRS990/OtherRevenueMiscGrp/Desc0PATRONAGE CAP FROM ASSOC ORG
IRS990/OtherRevenueMiscGrp/Desc1WILDBLUE INTERNET SERVICE
IRS990/OtherRevenueMiscGrp/Desc2MERCH, JOBBING & CONTRACTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0100704
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt121953
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt24721
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0100704
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt121953
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt24721
IRS990/OtherRevenueTotalAmt0127378
IRS990/OtherSalariesAndWagesGrp/TotalAmt01185834
IRS990/OtherSourcesGrossIncomeAmt0206989
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0103726
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt011769342
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt012618049
IRS990/PensionPlanContributionsGrp/TotalAmt0254892
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0131790
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0163420
IRS990/PrincipalOfficerNm0TERRY J STOUT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SALE OF ELECTRICITY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013576885
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013576885
IRS990/ProgSrvcAccomActy2Grp/Desc0HREA CONTRIBUTES TO AND MAILS TO CUSTOMERS A MONTHLY MAGAZINE CALLED COUNTRY LIVING WHICH HAS A SECTION TITLED "ILLUMINATOR" IN ORDER TO KEEP CUSTOMERS APPRAISED OF CURRENT ELECTRIC ISSUES AND ISSUES AFFECTING THEIR CO-OP.
IRS990/ProgSrvcAccomActy3Grp/Desc0HREA IS INVOLVED WITH THE COMMUNITY BY MAKING VARIOUS DONATIONS TO ORGANIZATIONS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0HREA MAKES ANNUAL TRIPS TO LOCAL SCHOOLS PROMOTING SAFETY AND PARTICIPATES WITH OTHER AREA ORGANIZATIONS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt09148
IRS990/PYOtherExpensesAmt011005900
IRS990/PYOtherRevenueAmt0114686
IRS990/PYProgramServiceRevenueAmt013366585
IRS990/PYRevenuesLessExpensesAmt0775741
IRS990/PYSalariesCompEmpBnftPaidAmt01708778
IRS990/PYTotalExpensesAmt012714678
IRS990/PYTotalRevenueAmt013490419
IRS990/ReconcilationRevenueExpnssAmt01086148
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt080848
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt033435
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt033420
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0796124
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01757279
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt027678106
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06896148
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt034574254
IRS990ScheduleD/ExpensesSubtotalAmt012697726
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0393265
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASES
IRS990ScheduleD/RevenueSubtotalAmt013783874
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COOPERATIVE COMPLIES WITH ASC 740-10 RELATED TO UNCERTAIN TAX POSITIONS. ASC 740-10 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. MANAGEMENT IS NOT AWARE OF ANY TAX POSITIONS TAKEN BY THE COOPERATIVE ON ITS TAX RETURNS THAT THEY CONSIDER TO BE UNCERTAIN OR THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. TAX RETURNS FOR THE YEARS ENDED 2010, 2011 AND 2012 ARE STILL OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027678106
IRS990ScheduleD/TotalExpensesPerForm990Amt012697726
IRS990ScheduleD/TotalLiabilityAmt0393265
IRS990ScheduleD/TotalRevenuePerForm990Amt013783874
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013783874
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012697726
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0113863
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt045102
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TERRY STOUT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0158965
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HREA MAKES ANNUAL TRIPS TO LOCAL SCHOOLS PROMOTING SAFETY AND PARTICIPATES WITH OTHER AREA ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION IS AN ELECTRIC COOPERATIVE THAT HAS MEMBERS WHO OBTAIN A PATRONAGE OWNERSHIP IN THE ASSOCIATION AND ARE ISSUED MEMBER CREDITS WHEN THEY OBTAIN ELECTRIC SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ASSOCIATION MEMBERSHIP CONSISTS OF SEVEN GEOGRAPHIC DISTRICTS. THE MEMBERS OF EACH DISTRICT ELECT A REPRESENTATIVE TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ASSOCIATION HAS TO HAVE A MAJORITY VOTE OF ITS MEMBERS TO ENACT ANY BYLAW CHANGES. THE ASSOCIATION HAS AN ANNUAL MEMBERS MEETING WHERE SUCH ACTIONS, IF ANY, ARE VOTED ON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ASSOCIATION'S GENERAL MANAGER AND OFFICE MANAGER REVIEW THE 990 AND THEN DISCUSS THE 990 WITH BOARD MEMBERS AT A BOARD OF DIRECTORS MEETING FOR THE BOARD'S APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ASSOCIATION'S DIRECTORS ALL SIGN CONFLICT OF INTEREST STATEMENTS WHEN ELECTED. THESE ARE THEN MONITORED BY MANAGEMENT AND THE BOARD ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ASSOCIATION'S GENERAL MANAGER IS REVIEWED ANNUALLY BY THE WHOLE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ASSOCIATION'S KEY EMPLOYEES ARE REVIEWED BY THE GENERAL MANAGER. HOWEVER, THE BOARD APPROVES THE BUDGET FOR SALARY INCREASES AND LIMITS THE AMOUNT THAT KEY EMPLOYEES' SALARIES CAN BE BASED ON THE APPROVED BUDGET FOR THAT YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ASSOCIATION PROVIDES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO ANY INTERESTED PARTY UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9RETIREMENT OF PATRONAGE CAPITAL 25,958 REDEMPTIONS, NET OF NEW MEMBERSHIPS 15 INCREASE IN ALLOWANCE FOR BAD DEBTS 211,483
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt031427433
IRS990/TotalAssetsEOYAmt033711991
IRS990/TotalAssetsGrp/BOYAmt031427433
IRS990/TotalAssetsGrp/EOYAmt033711991
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt028
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt012697726
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019624656
IRS990/TotalLiabilitiesEOYAmt021060522
IRS990/TotalLiabilitiesGrp/BOYAmt019624656
IRS990/TotalLiabilitiesGrp/EOYAmt021060522
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011802777
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012651469
IRS990/TotalOtherCompensationAmt045102
IRS990/TotalProgramServiceRevenueAmt013576885
IRS990/TotalReportableCompFromOrgAmt0143039
IRS990/TotalRevenueGrp/ExclusionAmt089936
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt013693938
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt013783874
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt031427433
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt033711991
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10600 MARKET PLACE SUITE 104 CHARLES
IRS990/USAddress/City0BRIDGEPORT
IRS990/USAddress/State0WV
IRS990/USAddress/ZIPCode026330
IRS990/VotingMembersGoverningBodyCnt06563
IRS990/VotingMembersIndependentCnt06563
IRS990/WebsiteAddressTxt0WWW.HARRISONREA.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERRY J STOUT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine10HARRISON RURAL ELECTRIFICATION ASSO
ReturnHeader/Filer/BusinessNameControlTxt0HARR
ReturnHeader/Filer/EIN0550189745
ReturnHeader/Filer/USAddress/AddressLine10RR 6 BOX 502
ReturnHeader/Filer/USAddress/City0CLARKSBURG
ReturnHeader/Filer/USAddress/State0WV
ReturnHeader/Filer/USAddress/ZIPCode026301
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0311413363
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10BALESTRA HARR & SCHERER CPAS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10PO BOX 875
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0CIRCLEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0431130875
ReturnHeader/PreparerPersonGrp/PhoneNum07404745210
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY A HARR
ReturnHeader/ReturnTs02014-11-07T10:41:21-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$33,711,991
Liabilities
$21,060,522
Net assets
$12,651,469
Revenue
$13,783,874
Expenses
$12,697,726
Net income
$1,086,148
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.5$20.3$34.2$22.1$13.4$8.70
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.1$20.6$25.5$13.5$12.4$1.09
2022Detailed filing. Detailed filing data is available for this year.$43.1$18.9$24.2$14.6$13.3$1.38
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.7$17.1$22.6$14.4$12.9$1.51
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.7$15.8$20.9$13.8$12.2$1.60
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.6$16.1$19.5$14.4$13.7$0.74
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.3$17.9$18.4$15.5$13.8$1.65
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.2$19.4$16.8$14.2$12.8$1.38
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.4$20.9$15.5$14.2$12.7$1.43
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.2$20.8$14.4$14.7$13.8$0.94
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.3$21.6$13.7$15.3$13.5$1.77
2013Detailed filing. Detailed filing data is available for this year.$33.7$21.1$12.7$13.8$12.7$1.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.4$19.6$11.8$12.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.1$20.0$11.0$12.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.2$20.4$9.82$11.5
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)12 • $25M-$50M nonprofits