2026-07-21T15:46:16-04:00 2025-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2025-01-01 560358446 PIEDMONT ELECTRIC MEMBERSHIP CORPORATION PIED 9197322123 PO DRAWER 1179 HILLSBOROUGH NC 27278 JORDAN OVERBEE PRESIDENT/GM 9197322123 2026-07-21 true WILLIAM R ROUNTREE P01231836 4787466277 2026-07-21 2025 2025-03-06 01:10:19Z JORDAN OVERBEE PO DRAWER 1179 HILLSBOROUGH NC 27278 83111631 false X WWW.PEMC.COOP X 1938 NC TO ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITIES BY EMPOWERING AND PARTNERING WITH OUR MEMBERS. WE STRIVE TO CREATE SUPERIOR VALUE FOR OUR MEMBERS IN AN EVER CHANGING ENERGY ENVIRONMENT. 9 9 96 0 0 78825056 82689806 123561 362274 634028 8424 79582645 83060504 0 3762666 4779671 15043586 14191724 0 0 60776393 64089109 79582645 83060504 0 247993916 275938797 170544088 195255941 77449828 80682856 TO ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITIES BY EMPOWERING AND PARTNERING WITH OUR MEMBERS. WE STRIVE TO CREATE SUPERIOR VALUE FOR OUR MEMBERS IN AN EVER CHANGING ENERGY ENVIRONMENT. false false N/A false false false false false false false false false true false false false true false false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 92 0 true 96 true false false false false false 81772653 903558 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false X PIEDMONT EMC PIEDMONT EMC 8002223107 2500 NORTH CAROLINA 86 SOUTH 2500 NORTH CAROLINA 86 SOUTH HILLSBOROUGH NC 27278 X JAMES RANDY KINLEY CHAIRMAN 6.64 X X 37040 0 0 STEVEN BAILEY VICE-CHAIRMA 3.17 X X 25635 0 0 DAVID POYTHRESS SECRETARY 3.58 X X 24001 0 0 STEPHEN LONG TREASURER 8.49 X X 27470 0 0 CYRUS VERNON DIRECTOR 3.63 X 25205 0 0 V KAY SCURLOCK-FERGUSON DIRECTOR 7.30 X 36609 0 0 JIMMY THOMAS DIRECTOR 3.62 X 28481 0 0 DARREN CHALK DIRECTOR 4.25 X 28481 0 0 KIMBERLY WOODS DIRECTOR (EF 3.07 X 19711 0 0 RICHAL VANHOOK DIRECTOR (TH 7.87 X 12783 0 0 JORDAN OVERBEE PRESIDENT/GM 50.00 X 306067 0 58002 SARAH BOHLIN VP - CORP. S 50.00 X 187224 0 34175 JARROD KILGORE VP - ENGINEE 50.00 X 212680 0 46741 LISA KENNEDY VP FIN. SRVC 50.00 X 253696 0 82541 JOE HUX MGR OF OPERA 50.00 X 167984 0 23624 BRANDON REED MGR OF MBR S 50.00 X 175030 0 66637 1568097 311720 47 false true false WELLSMONT LANDSCAPING 1005 DIMMOCKS MILL RD HILLSBOROUGH NC 27278 LANDSCAPING 197544 DRG TECHNICAL SOLUTIONS 1625 N AIRWAY DRIVE BATON ROUGE LA 708158002 ENG. CONSULTING 119601 2 PROGRAM SERVICE REVENUE 221000 81772653 81772653 POLE RENTAL REVENUE 221000 536497 536497 CAPITAL CREDITS 221000 380656 380656 82689806 362274 362274 59551 51127 8424 8424 8424 83060504 82153309 907195 4779671 4779671 629485 629485 9616137 9616137 1292640 1292640 1927640 1927640 725822 725822 4584644 4584644 9700131 9700131 PURCHASED POWER 44039038 44039038 DISTRIBUTION MAINTENANCE 4678033 4678033 CONSUMER ACCOUNTS 2984379 2984379 DISTRIBUTION OPERATIONS 1801485 1801485 -3698601 -3698601 83060504 83060504 0 0 3539509 29323333 1500000 8497288 9683423 6158321 6461333 4695596 5019274 102898 158465 328806984 110346867 216507690 218460117 6551205 6605399 441409 227453 247993916 275938797 9211857 9943524 150885404 179421274 10446827 5891143 170544088 195255941 X 147340 148235 77302488 80534621 77449828 80682856 247993916 275938797 X 0 3233028 X false true X true false 4429285 4429285 11969108 5661861 6307247 312408591 104685006 207723585 218460117 ACCUM PROV FOR POST RETIRE BENEFITS 2319816 RECOVERY OF WHOLESALE POWER COSTS 1278497 UNCLAIMED CAPITAL CREDITS 876993 CONSUMER DEPOSITS 518752 ACCUM PROV FOR VESTED LEAVE 352000 DEFERRED CREDITS 310711 RECOVERY OF RENEWABLE ENERGY CRE... 234374 5891143 83060504 83060504 83060504 78280833 78280833 4779671 4779671 83060504 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 4,779,671 X X X false false false JORDAN OVERBEE PRESIDENT/GM 289972 3464 12631 26397 31605 364069 SARAH BOHLIN VP - CORP. SERVICES 174074 764 12386 9149 25026 221399 JARROD KILGORE VP - ENGINEERING/OPS 194114 750 17816 13623 33118 259421 LISA KENNEDY VP FIN. SRVCS. 221038 4790 27868 63188 19353 336237 JOE HUX MGR OF OPERATIONS 153714 4492 9778 5438 18186 191608 BRANDON REED MGR OF MBR SERV & PR 171252 3428 350 48619 18018 241667 FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7A THE COOPERATIVE HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE BOARD WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM. FORM 990, PAGE 6, PART VI, LINE 12C THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15A THE ENTIRE BOARD OF DIRECTORS REVIEWS THE SALARY RANGE FOR THE CEO POSITION ANNUALLY USING INFORMATION FROM THE NRECA'S NATIONAL COMPENSATION SURVEY FOR RURAL ELECTRIC DISTRIBUTION SYSTEMS PRIMARILY. THE ENTIRE BOARD RATES CEO PERFORMANCE ANNUALLY USING ESTABLISHED PERFORMANCE CRITERIA. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD REVIEWS AND APPROVES RANGES FOR OTHER KEY MANAGEMENT POSITIONS BY USING PAY STUDY INFORMATION PROVIDED BY OUTSIDE CONSULTANTS. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE MAKES ITS BYLAWS AND AUDITED FINANCIALS STATEMENTS AVAILABLE THROUGH ITS WEBSITE. THE COOPERATIVE'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18. FORM 990, PART XI, LINE 9 DONATED CAPITAL 338,576 MEMBERSHIP FEES 895 PATRONAGE CAPITAL CREDITS 4,779,671 CAPITAL CREDIT RETIREMENTS -1,773,957 OTHER COMPREHENSIVE INCOME -112,157 TOTAL 3,233,028 PIEDMONT ELECTRIC HELPING HANDS PO DRAWER 1179 HILLSBOROUGH NC 27278 821334221 CHARITY NC 3 7 N/A false PIEDMONT SERVICES HOLDING INC PO DRAWER 1179 HILLSBOROUGH NC 27278 562090017 ENERGY SRV NC C CORP C CORP 31466 284729 1.00000 true false false false false false false false false false false false false false false false true true false false PIEDMONT SERVICES HOLDING INC Q 37323 COST PIEDMONT SERVICES HOLDING INC P 111702 COST