2024-06-11T15:28:13-05:00 2023-12-31 610420207 JONES NALE & MATTINGLY PLC 401 WEST MAIN STREET SUITE 1100 LOUISVILLE KY 40202 990 2023-01-01 610193917 FLEMING-MASON ENERGY COOPERATIVE INC FLEM 6068452661 1449 ELIZAVILLE ROAD FLEMINGSBURG KY 41041 BRANDON HUNT PRESIDENT & CEO 6068452661 2024-06-07 1 BRANDON HUNT 999009999 1 TRAVIS C FRICK P01728213 5025830248 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z BRANDON HUNT 1449 ELIZAVILLE ROAD FLEMINGSBURG KY 41041 90836143 0 X N/A X 1938 KY PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF 25,721. 7 7 52 0 0 0 0 110050 94358603 88630218 46119 96681 3765503 1972006 98170225 90808955 10000 12000 3292751 640756 6135369 6023571 0 0 0 88732105 84132628 98170225 90808955 0 0 148749248 151091747 70744158 72219047 78005090 78872700 PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 25,721 CONSUMERS MONTHLY. 0 0 90808955 90133346 PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 25,721 CONSUMERS MONTHLY. 90808955 0 1 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 16 0 1 52 1 0 0 0 0 0 0 0 0 0 90133346 675609 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X LAUREN FRITZ 6068452661 PO BOX 328 FLEMINGSBURG KY 41041 TOM SAUNDERS CHAIRMAN 8.00 X X 17206 0 0 SANDINA GOODING SEC/TREASURER 6.00 X X 16206 0 0 TIMOTHY S ELDRIDGE DIRECTOR 5.00 X 16206 0 0 RICK HORD DIRECTOR 8.00 X 20206 0 0 JOHN ROE VICE-CHAIR 10.00 X X 22206 0 0 REGINA ROSE DIRECTOR 8.00 X 16956 0 0 SHANE SMOOT DIRECTOR 4.00 X 15206 0 0 BRANDON HUNT CEO 40.00 X 157977 0 45887 CAMERON CRAWFORD CONSTRUCTION FOREMAN 40.00 X 139611 0 34443 JUSTIN DAILEY 1ST CLASS LINEMAN 40.00 X 120139 0 27493 LAUREN FRITZ CFO 40.00 X 114031 0 37096 TOMMY PARKS 1ST CLASS LINEMAN 40.00 X 111092 0 33929 KEVIN CLEVENGER CONSTRUCTION CREW LEADER 40.00 X 109510 0 34475 876552 0 213323 14 0 1 0 ARBORWORKS LLC 40094 HWY 49 OAKHURST CA 93644 ROW MAINTENANCE 949114 BOWLIN GROUP LLC 12200 CHANDLER DRIVE WALTON KY 41094 LINE CONSTRUCTION 894077 ASPLUNDAH TREE EXPERT CO PO BOX 532729 ATLANTA GA 30353 ROW MAINTENANCE 473959 MCLEAN ENGINEERING CO INC PO BOX 2587 MOULTRIE GA 31776 ENGINEERING 387824 PROTECTERRALLC 4861 KEATS GROVE LANE LEXINGTON KY 40513 ROW MAINTENANCE 381701 7 110050 110050 ELECTRIC SERVICE 221000 88630218 88630218 88630218 50719 50719 73150 27188 45962 45962 45962 G&T CAPITAL CREDITS 221000 1136936 1136936 JOINT USE POLE ATTACHMENT 221000 514840 514840 CAPITAL CREDITS ASOOC ORG 221000 320139 320139 91 91 1972006 90808955 90133346 0 565559 12000 640756 282169 3966284 720452 739689 314977 44924 12950 258329 2117486 4300200 230650 COST OF POWER 74100617 DISTRIBUTION - MAINTENA 4326389 DISTRIBUTION - OPERATIO 1834039 ADMINISTRATIVE AND GENE 1720152 -4813108 90808955 1118466 674612 10176692 10144262 691063 758650 1566485 120012 129341207 50497427 76650327 78843780 57942657 59452287 603558 1098144 148749248 151091747 8616208 7888436 45745650 50180619 16382300 14149992 70744158 72219047 X 254935 259115 -784188 -306393 78534343 78919978 78005090 78872700 148749248 151091747 X 0 867610 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20691 20691 5829573 2876170 2953403 123490943 47621257 75869686 78843780 PROGRAM RELATED INVESTMENTS 59452287 F 59452287 PENSION & POST RETIREMENT BENEFITS 3819965 SHORT TERM BORROWINGS 4600000 CONSUMER DEPOSITS 1820676 ACCRUED EXPENSES 3622737 CONSUMER ENERGY PREPAYMENTS 111111 DEFERRED CREDITS 175503 14149992 X 90808955 0 90808955 0 90808955 90808955 0 90808955 0 90808955 PART X, LINE 2: FLEMING-MASON'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE/BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. FLEMING-MASON HAS NO UNCERTAIN TAX POSITIONS RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT. 1 SCHOLARSHIPS 12 12000 FORM 990, SCHEDULE I, PART I, LINE 2 CANDIDATE MUST BE FROM FLEMING-MASON ENERGY SERVICE AREA AND THEIR PARENT OR LEGAL GUARDIAN MUST HAVE A RESIDENTIAL OR BUSINESS ACCOUNT WITH FLEMING-MASON ENERGY. APPLICANT MUST BE ENROLLED OR PLANNING TO ENROLL IN AN ACCREDITED EDUCATIONAL OR TRAINING INSTITUTION. ALL CANDIDATES MUST AGREE TO APPEAR AT THE FLEMING-MASON ENERGY'S ANNUAL MEETING. THE APPLICANT CANNOT BE A MEMBER OF THE IMMEDIATE FAMILY OR RESIDE IN THE SAME HOUSEHOLD OF AN EMPLOYEE OR DIRECTOR OF FLEMING-MASON ENERGY, ITS SUBSIDIARY, OR ITS POWER SUPPLIER, EAST KENTUCKY POWER COOPERATIVE. 0 0 0 BRANDON HUNT CEO 157977 0 0 0 0 0 0 0 45887 0 203864 0 0 0 CAMERON CRAWFORD CONSTRUCTION FOREMAN 139611 0 0 0 0 0 0 0 34443 0 174054 0 0 0 LAUREN FRITZ CFO 114031 0 0 0 0 0 0 0 37096 0 151127 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MUST BE A MEMBER TO RECEIVE ELECTRIC SERVICE. EACH MEMBER HAS ONE VOTE. MAY HAVE MORE THAN ONE SERVICE PER MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A NOMINATING COMMITTEE MEETS EVERY YEAR TO SELECT MEMBER TO RUN FOR DIRECTOR. MEMBER MAY RUN FOR DIRECTOR WITH PETITION SIGNED BY 100 MEMBERS AND AN AFFIDAVIT OF QUALIFICATION SIGNED BY THE NOMINEE. FORM 990, PART VI, SECTION A, LINE 7B ARTICLES OF INCORPORATION CAN ONLY BE CHANGED BY A MAJORITY OF THE MEMBERSHIP. BYLAWS MAY BE ALTERED, AMENDED, OR REPEALED BY THE BOARD OF DIRECTORS AT ANY REGULAR OR SPECIAL BOARD MEETING, PROVIDED THE NOTICE OF THE MEETING SHALL HAVE CONTAINED A COPY OF THE PROPOSED ALTERATION, AMENDMENT, OR REPEAL. FORM 990, PART VI, SECTION B, LINE 11B DIRECTORS ARE FURNISHED A DRAFT COPY OF THE FORM 990 PRIOR TO FILING. THE DIRECTORS MAY MAKE INQUIRIES, AND CHANGES TO THE INFORMATION CONTAINED IN THE FILING. ADDITIONALLY, DIRECTORS MEET WITH THE INDEPENDENT AUDITOR AND ARE ABLE TO ASK QUESTIONS AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND KEY EMPLOYEES ANNUALLY COMPLETE QUESTIONNAIRE ON FAMILY AND BUSINESS RELATIONSHIPS. FORM 990, PART VI, SECTION B, LINE 15 LINE 15 (A) AND (B) BOARD OF DIRECTORS REVIEW AND APPROVE COMPENSATION OF TOP MANAGEMENT, KEY EMPLOYEES, AND OTHERS USING DATA PROVIDED BY STATE AND NATIONAL ORGANIZATION SURVEYS OF ELECTRIC COOPERATIVES. DURING THE CURRENT YEAR A NEW WAGE AND SALARY STUDY WAS OBTAINED FROM AN INEDEPENDENT THIRD PARTY. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE BYLAWS AND A STATEMENT OF NONDISCRIMINATION ARE GIVEN TO EACH NEW MEMBER. BYLAWS AND FINANCIAL STATEMENTS ARE PUBLISHED ANNUALLY IN NEWSLETTER MAILED TO EACH MEMBER. AN ANNUAL MEMBERSHIP MEETING IS HELD WITH ALL MEMBERS INVITED TO ATTEND. FORM 990, PART XI, LINE 9: ACCUMULATED COMPREHENSIVE INCOME 477,795. MARGINS ALLOCATED TO MEMBERS 640,756. MEMBERSHIPS ISSUED 4,180. OTHER EQUITIES 1,515. REFUNDS OF CAPITAL CREDITS -256,636. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR. FORM 990, PART IX, LINE 4 - BENEFITS PAID TO OR FOR MEMBERS REPRESENTS PATRONAGE CAPITAL ALLOCATED TO MEMBERS IN ACCORDANCE WITH THE BYLAWS OF THE COOPERATIVE. THIS REPORTING RESULTS IN A DIFFERENCE BETWEEN BOOK AND INCOME REPORTED ON THE FORM 990 BY THE SAME AMOUNT. FM UTILITY RESOURCES LLC 1449 ELIZAVILLE ROAD FLEMINGSBURG KY 410418048 844441413 UTILITY SERVICES KY 0 183412 FLEMING-MASON ENERGY COOPERATIVE INC