Civic Intelligence

Harrison Rural Electrification Asso

990 • Fiscal year 2015 • EIN 55-0189745

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 30, 2016

Rr 6 Box 502Clarksburg, WV 26301

(304) 624-6365

Siviq Scores

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

Liabilities / Assets

66th percentile

0.59x

Higher debt load relative to assets than 66% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

44th percentile

1.42x

Higher debt load relative to revenue than 44% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2015

Net Margin

78th percentile

6.4%

Higher net margin than 78% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

36th percentile

$146,317

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Source year 2015

Asset Growth

25th percentile

-0.2%

Faster asset growth than 25% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

31st percentile

-3.8%

Faster revenue growth than 31% of similar nonprofits.

2015 filings • 501(c)12 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Down

$35,196,183

Down $77,310 (-0.2%) from 2014

Net Assets

Up

$14,368,283

Up $676,688 (+4.9%) from 2014

Liabilities

Down

$20,827,900

Down $753,998 (-3.5%) from 2014

Revenue

Down

$14,714,335

Down $573,729 (-3.8%) from 2014

Expenses

Up

$13,778,752

Up $263,535 (+1.9%) from 2014

Net Income

Down

$935,583

Down $837,264 (-47%) from 2014

Historical Trend

Balance Sheet Trend

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

2015

Assets$35,196,183
Liabilities$20,827,900
Net Assets$14,368,283

Operations Trend

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

2015

Revenue$14,714,335
Expenses$13,778,752
Net Income$935,583
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 30, 2016
Return Version
2015v2.1
Gross Receipts
$14,714,335
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$30,528,173$30,503,584▼ $24,589
Pd in Cap Srpls Land Bldg Eqp Fund$13,658,475$14,335,618▲ $677,143
Accounts Receivable$2,640,538$2,135,172▼ $505,366
Savings and Temporary Cash Investments$461,792$757,519▲ $295,727
Investments Other Securities$640,183$703,593▲ $63,410
Prepaid Expenses and Deferred Charges$185,106$175,679▼ $9,427
Rtn Earn Endowment Incm Other Fnds$33,120$32,665▼ $455
Total Assets$35,273,493$35,196,183▼ $77,310
Other Assets Total$817,701$920,636▲ $102,935
Liabilities
Mortgage Notes Payable Secured by Investment Property$19,712,717$18,847,379▼ $865,338
Accounts Payable and Accrued Expenses$1,332,390$1,061,642▼ $270,748
Other Liabilities$535,374$917,462▲ $382,088
Deferred Revenue$1,417$1,417→ $0
Total Liabilities$21,581,898$20,827,900▼ $753,998
Net Assets / Fund Balance
Total Net Assets Fund Balance$13,691,595$14,368,283▲ $676,688
Total Liabilities and Net Assets / Fund Balance$35,273,493$35,196,183▼ $77,310

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$30,503,584$7,554,338$38,057,922
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terry StoutGeneral ManaFT$110,925$35,392$146,317
Michael CrossDirector-$5,490-$5,490
Darrell PowellSecretary/tr-$4,200-$4,200
C B SharpDirector-$3,600-$3,600
Greg RobertsonPresident-$3,520-$3,520
Ronald WatsonVice Preside-$2,800-$2,800
James StuartDirector-$2,600-$2,600
Glenn Cox JrDirector-$400-$400

Highest Paid Contractors

ContractorServicesLocationCompensation
Asplundh Tree Experts CoTree ClearancePO BOX 827464, Philadelphia, PA 19182-7464$867,625
Line Clearance INCTree Clearance1185 GREENBRIER RD, Salem, WV 26426$603,792
Cw Wright Construction INCConstruction11500 IRONBRIDGE RD, Chester, VA 23801$119,414
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$14,502,504
Investment Income
$13,657
Other Revenue
$198,174
Change in Net Assets
$935,583

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,714,335
Total Revenue per Audited Statements
$14,714,335
Total Revenue per Form 990
$14,714,335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,075,181
Salaries, Compensation, and Employee Benefits$1,700,686
Grants and Similar Amounts Paid$2,885
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,290,818
Depreciation Depletion---$1,232,672
Interest---$825,183
Other Expenses---$198,923
Occupancy---$192,742
Pension Plan Contributions---$164,569
Current Officers, Directors, Trustees, and Key Employees---$133,535
Payroll Taxes---$111,764
All Other Expenses---$70,479
Conferences and Meetings---$38,080
Office Expenses---$25,692
Fees for Services Other---$20,891
Fees for Services Accounting---$16,600
Fees for Services Legal---$7,395
Grants to Domestic Orgs---$1,885
Grants to Domestic Individuals---$1,000
Total Functional Expenses$0$0$0$13,778,752

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$14,005,254
Expenses per Audited Statements$13,778,752
Total Expenses per Form 990$13,778,752
Expenses Not Reported on Form 990$226,502
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$517,462
Line of Credit$400,000
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

Filer Name
Harrison Rural Electrification Asso
EIN
55-0189745
Address
RR 6 BOX 502, CLARKSBURG, WV 26301

Signing Officer

Name
Terry Stout
Title
General Manager
Signed
2016-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Stout
Formed
1938
Legal Domicile
Wv
Voting Board Members
5,986
Independent Board Members
5,986
Employees
26

Preparer

Firm
Balestra Harr & Scherer Cpas Inc
Address
PO BOX 875, CIRCLEVILLE, OH 43113-0875
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 -31,938 redemptions, net of new memberships -455 increase in allowance for bad debts -226,502 total -258,895

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 2012, 2013 and 2014 are still open and subject to examination by the internal revenue service.

Schedule D, Page 4, Part XII, Line 2D

Increase in allowance for bad debt 226,502

Raw XML Appendix385 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/BOYAmt01332390
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01061642
IRS990/AccountsReceivableGrp/BOYAmt02640538
IRS990/AccountsReceivableGrp/EOYAmt02135172
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0HARRISON RURAL ELECTRIFICATION ASSOCIATION'S (HREA) SOLE PURPOSE IS TO PROVIDE ITS MEMBERS WITH THE LOWEST COST ELECTRICITY AVAILABLE.
IRS990/AllOtherExpensesGrp/TotalAmt070479
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0TERRY STOUT
IRS990/BooksInCareOfDetail/PhoneNum03046246365
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0600 MARKET PL SUITE 104 CHARLESTON
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRIDGEPORT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WV
IRS990/BooksInCareOfDetail/USAddress/ZIPCd026330
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0133535
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt038080
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0867625
IRS990/ContractorCompensationGrp/CompensationAmt1603792
IRS990/ContractorCompensationGrp/CompensationAmt2119414
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 827464
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt11185 GREENBRIER RD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt211500 IRONBRIDGE RD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0PHILADELPHIA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1SALEM
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2CHESTER
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0PA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1WV
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2VA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd0191827464
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd126426
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd223801
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0ASPLUNDH TREE EXPERTS CO
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1LINE CLEARANCE INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2CW WRIGHT CONSTRUCTION INC
IRS990/ContractorCompensationGrp/ServicesDesc0TREE CLEARANCE
IRS990/ContractorCompensationGrp/ServicesDesc1TREE CLEARANCE
IRS990/ContractorCompensationGrp/ServicesDesc2CONSTRUCTION
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt02885
IRS990/CYInvestmentIncomeAmt013657
IRS990/CYOtherExpensesAmt012075181
IRS990/CYOtherRevenueAmt0198174
IRS990/CYProgramServiceRevenueAmt014502504
IRS990/CYRevenuesLessExpensesAmt0935583
IRS990/CYSalariesCompEmpBnftPaidAmt01700686
IRS990/CYTotalExpensesAmt013778752
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt014714335
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01417
IRS990/DeferredRevenueGrp/EOYAmt01417
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt01232672
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/EmployeeCnt026
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt016600
IRS990/FeesForServicesLegalGrp/TotalAmt07395
IRS990/FeesForServicesOtherGrp/TotalAmt020891
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
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/OtherCompensationAmt735392
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL CROSS
IRS990/Form990PartVIISectionAGrp/PersonNm1DARRELL POWELL
IRS990/Form990PartVIISectionAGrp/PersonNm2C B SHARP
IRS990/Form990PartVIISectionAGrp/PersonNm3GREG ROBERTSON
IRS990/Form990PartVIISectionAGrp/PersonNm4RONALD WATSON
IRS990/Form990PartVIISectionAGrp/PersonNm5JAMES STUART
IRS990/Form990PartVIISectionAGrp/PersonNm6GLENN COX JR
IRS990/Form990PartVIISectionAGrp/PersonNm7TERRY STOUT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt05490
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt33520
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt42800
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt52600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7110925
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/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7GENERAL MANA
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01938
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05986
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01885
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt014714335
IRS990/GrossRentsGrp/RealAmt087120
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05986
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/TotalAmt0825183
IRS990/InvestmentIncomeGrp/ExclusionAmt013657
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013657
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0640183
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0703593
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07554338
IRS990/LandBldgEquipBasisNetGrp/BOYAmt030528173
IRS990/LandBldgEquipBasisNetGrp/EOYAmt030503584
IRS990/LandBldgEquipCostOrOtherBssAmt038057922
IRS990/LegalDomicileStateCd0WV
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt014502504
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/BOYAmt019712717
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt018847379
IRS990/NetAssetsOrFundBalancesBOYAmt013691595
IRS990/NetAssetsOrFundBalancesEOYAmt014368283
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt087120
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt087120
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0192742
IRS990/OfficeExpensesGrp/TotalAmt025692
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0817701
IRS990/OtherAssetsTotalGrp/EOYAmt0920636
IRS990/OtherChangesInNetAssetsAmt0-258895
IRS990/OtherExpensesGrp/Desc0COST OF POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION - MAINTENANC
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION - OPERATIONS
IRS990/OtherExpensesGrp/Desc3CONSUMER ACCOUNT
IRS990/OtherExpensesGrp/TotalAmt07523201
IRS990/OtherExpensesGrp/TotalAmt11631360
IRS990/OtherExpensesGrp/TotalAmt2291963
IRS990/OtherExpensesGrp/TotalAmt3198923
IRS990/OtherLiabilitiesGrp/BOYAmt0535374
IRS990/OtherLiabilitiesGrp/EOYAmt0917462
IRS990/OtherRevenueMiscGrp/Desc0PATRONAGE CAP FROM ASSOC ORG
IRS990/OtherRevenueMiscGrp/Desc1MERCH, JOBBING & CONTRACTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0109084
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11970
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0109084
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11970
IRS990/OtherRevenueTotalAmt0111054
IRS990/OtherSalariesAndWagesGrp/TotalAmt01290818
IRS990/OtherSourcesGrossIncomeAmt0211831
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt0111764
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt013658475
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt014335618
IRS990/PensionPlanContributionsGrp/TotalAmt0164569
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0185106
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0175679
IRS990/PrincipalOfficerNm0TERRY STOUT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SALE OF ELECTRICITY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014502504
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014502504
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/PYGrantsAndSimilarPaidAmt02580
IRS990/PYInvestmentIncomeAmt012977
IRS990/PYOtherExpensesAmt011800140
IRS990/PYOtherRevenueAmt0228758
IRS990/PYProgramServiceRevenueAmt015046329
IRS990/PYRevenuesLessExpensesAmt01772847
IRS990/PYSalariesCompEmpBnftPaidAmt01712497
IRS990/PYTotalExpensesAmt013515217
IRS990/PYTotalRevenueAmt015288064
IRS990/ReconcilationRevenueExpnssAmt0935583
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt087120
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt033120
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt032665
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0461792
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0757519
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt030503584
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07554338
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038057922
IRS990ScheduleD/ExpensesNotReportedAmt0226502
IRS990ScheduleD/ExpensesSubtotalAmt013778752
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0226502
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0517462
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1400000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LINE OF CREDIT
IRS990ScheduleD/RevenueSubtotalAmt014714335
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 2012, 2013 AND 2014 ARE STILL OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INCREASE IN ALLOWANCE FOR BAD DEBT 226,502
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt030503584
IRS990ScheduleD/TotalExpensesPerForm990Amt013778752
IRS990ScheduleD/TotalLiabilityAmt0917462
IRS990ScheduleD/TotalRevenuePerForm990Amt014714335
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014714335
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt014005254
IRS990/ScheduleJRequiredInd0false
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 -31,938 REDEMPTIONS, NET OF NEW MEMBERSHIPS -455 INCREASE IN ALLOWANCE FOR BAD DEBTS -226,502 TOTAL -258,895
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/TotalAssetsBOYAmt035273493
IRS990/TotalAssetsEOYAmt035196183
IRS990/TotalAssetsGrp/BOYAmt035273493
IRS990/TotalAssetsGrp/EOYAmt035196183
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt013778752
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt021581898
IRS990/TotalLiabilitiesEOYAmt020827900
IRS990/TotalLiabilitiesGrp/BOYAmt021581898
IRS990/TotalLiabilitiesGrp/EOYAmt020827900
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt013691595
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt014368283
IRS990/TotalOtherCompensationAmt035392
IRS990/TotalProgramServiceRevenueAmt014502504
IRS990/TotalReportableCompFromOrgAmt0133535
IRS990/TotalRevenueGrp/ExclusionAmt0100777
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt014613558
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt014714335
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt035273493
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt035196183
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0600 MARKET PLACE SUTIE 104 CHARLES
IRS990/USAddress/CityNm0BRIDGEPORT
IRS990/USAddress/StateAbbreviationCd0WV
IRS990/USAddress/ZIPCd026330
IRS990/VotingMembersGoverningBodyCnt05986
IRS990/VotingMembersIndependentCnt05986
IRS990/WebsiteAddressTxt0WWW.HARRISONREA.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERRY STOUT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HARRISON RURAL ELECTRIFICATION ASSO
ReturnHeader/Filer/BusinessNameControlTxt0HARR
ReturnHeader/Filer/EIN0550189745
ReturnHeader/Filer/USAddress/AddressLine1Txt0RR 6 BOX 502
ReturnHeader/Filer/USAddress/CityNm0CLARKSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WV
ReturnHeader/Filer/USAddress/ZIPCd026301
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0311413363
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BALESTRA HARR & SCHERER CPAS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 875
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CIRCLEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0431130875
ReturnHeader/PreparerPersonGrp/PhoneNum07404745210
ReturnHeader/PreparerPersonGrp/PreparationDt02016-09-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY A HARR
ReturnHeader/ReturnTs02016-09-30T12:47:55-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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
2015Detailed filing. Detailed filing data is available for this year.$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