ENERGYUNITED ELECTRIC MEMBERSHIP CORPORATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ENERGYUNITED ELECTRIC MEMBERSHIP CORPORATION (EIN 56-2097218)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2025-05-05
- IRS object ID
- 202501259349303010
- Schema version
- 2023v6.0
- Note
- A later return for the same period supersedes this one.
- 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) |
|---|---|---|
| Return | 2025-05-05T17:02:24-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562097218 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENERGYUNITED ELECTRIC MEMBERSHIP CO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ENER | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1831 | AddressLine1Txt |
| City | Statesville | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28687 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | alec natt | PersonNm |
| Person Title | CHIEF FINANCIAL | PersonTitleTxt |
| Phone | 7048785153 | PhoneNum |
| Signature | 2024-04-09 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENERGYUNITED ELECTRIC MEMBERSH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $289,954,202 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.ENERGYUNITED.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | PROVIDE ELECTRICAL SERVICE TO MEMBERS | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 274 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $280,057,051 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $285,789,516 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,026,040 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,271,852 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,919,665 | PYOtherRevenueAmt |
| CY Other Revenue | $2,892,834 | CYOtherRevenueAmt |
| PY Total Revenue | $283,002,756 | PYTotalRevenueAmt |
| CY Total Revenue | $289,954,202 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $3,679,503 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $3,661,984 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $22,036,979 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $24,256,271 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $250,818,552 | PYOtherExpensesAmt |
| CY Other Expenses | $253,523,234 | CYOtherExpensesAmt |
| PY Total Expenses | $276,535,034 | PYTotalExpensesAmt |
| CY Total Expenses | $281,441,489 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,467,722 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $8,512,713 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $589,019,102 | TotalAssetsBOYAmt |
| Total Assets EOY | $580,763,714 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $285,891,659 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $315,297,739 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $303,127,443 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $265,465,975 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PROVIDE ELECTRICAL SERVICE TO MEMBERS | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $281,441,489 | ExpenseAmt |
| Desc | PROVIDE ELECTRICAL SERVICE TO MEMBERS | Desc |
| Total Program Service Expenses | $281,441,489 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 114 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 274 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $285,789,516 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $4,164,686 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALEC NATT | PersonNm |
| Phone | 7048785153 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1831 | AddressLine1Txt |
| City | Statesville | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 286871831 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Key EmployeeKeyEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|---|---|---|
| THOMAS GOLDEN | ||||||||||
| CEO | 40.00 | 0.00 | Yes (X) | $476,560 | $0 | $40,106 | ||||
| HOWARD W WILKINS | ||||||||||
| CEO-RETIRED | 0.00 | 0.00 | $0 | $0 | $447,562 | Yes (X) | ||||
| ALEC NATT | ||||||||||
| CFO | 40.00 | 0.00 | Yes (X) | $334,183 | $0 | $52,291 | ||||
| BRETT ALKINS | ||||||||||
| COO | 40.00 | 0.00 | Yes (X) | $298,756 | $0 | $56,616 | ||||
| PAMELA BRITT | ||||||||||
| VP HUMAN RESOURCES | 40.00 | 0.00 | Yes (X) | $293,188 | $0 | $52,868 | ||||
| STEVE MCCACHERN | ||||||||||
| VP ENERGY DELIVERY | 40.00 | 0.00 | Yes (X) | $277,058 | $0 | $39,314 | ||||
| MATT SHARPE | ||||||||||
| DIRECTOR OF OPERATIONS | 40.00 | 0.00 | $177,517 | $0 | $95,619 | Yes (X) | ||||
| LAQUISHA PARKS | ||||||||||
| VP ENERGY SERVICES | 40.00 | 0.00 | Yes (X) | $227,327 | $0 | $40,066 | ||||
| GAUDY JANDRON | ||||||||||
| VP INFORMATION TECHNOLOGY | 40.00 | 0.00 | Yes (X) | $173,352 | $0 | $31,137 | ||||
| BRIAN DACARET | ||||||||||
| IT MANAGER | 40.00 | 0.00 | $170,402 | $0 | $23,767 | Yes (X) | ||||
| LEWIE FAVRE | ||||||||||
| LINEMAN | 40.00 | 0.00 | $171,230 | $0 | $11,426 | Yes (X) | ||||
| EDWARD LILES | ||||||||||
| LINEMAN | 40.00 | 0.00 | $165,398 | $0 | $4,222 | Yes (X) | ||||
| W MAX WALSER | ||||||||||
| PRESIDENT | 9.00 | 0.00 | $23,184 | $0 | $16,500 | Yes (X) | Yes (X) | |||
| C EDGAR CARTNER | ||||||||||
| DIRECTOR | 6.00 | 0.00 | $15,654 | $0 | $14,000 | Yes (X) | ||||
| CRAIG BLACK | ||||||||||
| DIRECTOR | 8.00 | 0.00 | $29,457 | $0 | $0 | Yes (X) | ||||
| CHERYL WRIGHT | ||||||||||
| SECRETARY | 8.00 | 0.00 | $26,477 | $0 | $2,580 | Yes (X) | Yes (X) | |||
| JERRY W ANDERSON | ||||||||||
| DIRECTOR | 5.00 | 0.00 | $27,466 | $0 | $0 | Yes (X) | ||||
| BRIAN SISSON | ||||||||||
| VICE PRESIDENT | 4.00 | 0.00 | $18,657 | $0 | $7,200 | Yes (X) | Yes (X) | |||
| ZOLEE RIGGS | ||||||||||
| DIRECTOR | 4.00 | 0.00 | $25,057 | $0 | $0 | Yes (X) | ||||
| RONNIE S HARRISON | ||||||||||
| TREASURER | 6.00 | 0.00 | $9,037 | $0 | $15,600 | Yes (X) | Yes (X) | |||
| ANN M ELLER | ||||||||||
| DIRECTOR | 1.00 | 0.00 | $17,366 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,957,326 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $950,874 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ASPLUNDH TREE EXPERT CO | |||||
| PO BOX 532729 | Atlanta | GA | 303532729 | R-O-W CLEARING | $9,036,728 |
| DAVEY RESOURCE GROUP | |||||
| 295 SOUTH WATER ST STE 300 | Kent | OH | 44240 | ELEC PLANT CONSTRU | $1,507,465 |
| UTILITY LINES CONSTRUCTION | |||||
| 708 BLAIR MILL RD | Willow Grove | PA | 19090 | ELEC PLANT CONSTRU | $14,331,923 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ELECTRIC SALES-MEMBERS | 221000 | $280,162,474 | $280,162,474 |
| FEES AND SERVICE CHARGE | 221000 | $4,369,942 | $4,369,942 |
| ELECTRIC SALES-NON MEMB | 221000 | $1,257,100 | $1,257,100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $285,789,516 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,271,852 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,271,852 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INCOME FROM SUBSIDIARY | 221000 | ||
| PATRONAGE ALLOCATIONS | 221000 | $2,505,289 | $2,505,289 |
| OTHER | 221000 | $387,545 | $387,545 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,892,834 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $289,954,202 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $289,954,202 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,661,984 | TotalAmt |
| Program Services | $3,661,984 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,298,063 | TotalAmt |
| Program Services | $15,298,063 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,649,534 | TotalAmt |
| Program Services | $7,649,534 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,308,674 | TotalAmt |
| Program Services | $1,308,674 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,790,495 | TotalAmt |
| Program Services | $1,790,495 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $219,680 | TotalAmt |
| Program Services | $219,680 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,250 | TotalAmt |
| Program Services | $26,250 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,500,913 | TotalAmt |
| Program Services | $11,500,913 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $364,478 | TotalAmt |
| Program Services | $364,478 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,828,028 | TotalAmt |
| Program Services | $1,828,028 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,094,723 | TotalAmt |
| Program Services | $2,094,723 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,872 | TotalAmt |
| Program Services | $175,872 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,579,751 | TotalAmt |
| Program Services | $2,579,751 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $425,296 | TotalAmt |
| Program Services | $425,296 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,609,054 | TotalAmt |
| Program Services | $7,609,054 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,253,964 | TotalAmt |
| Program Services | $25,253,964 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $898,885 | TotalAmt |
| Program Services | $898,885 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| COST OF POWER | $190,960,940 | $190,960,940 |
| PROPERTYGROSS REC TAX | $2,291,600 | $2,291,600 |
| OTHER | $1,493,835 | $1,493,835 |
| MAINT AND EXP | $2,379,316 | $2,379,316 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,630,154 | TotalAmt |
| Program Services | $1,630,154 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $281,441,489 | TotalAmt |
| Program Services | $281,441,489 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,761,354 | BOYAmt |
| EOY | $4,508,513 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,591,517 | BOYAmt |
| EOY | $27,611,913 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $9,526 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,829,724 | BOYAmt |
| EOY | $2,067,862 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,284,145 | BOYAmt |
| EOY | $19,621,951 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $747,946,295 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $280,253,029 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $436,105,766 | BOYAmt |
| EOY | $467,693,266 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,556,394 | BOYAmt |
| EOY | $32,056,193 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,890,202 | BOYAmt |
| EOY | $27,194,490 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $589,019,102 | BOYAmt |
| EOY | $580,763,714 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,477,274 | BOYAmt |
| EOY | $35,144,449 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $220,503,242 | BOYAmt |
| EOY | $245,735,356 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,911,143 | BOYAmt |
| EOY | $34,417,934 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $285,891,659 | BOYAmt |
| EOY | $315,297,739 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $303,127,443 | BOYAmt |
| EOY | $265,465,975 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $303,127,443 | BOYAmt |
| EOY | $265,465,975 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $589,019,102 | BOYAmt |
| EOY | $580,763,714 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $8,512,713 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$46,174,181 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $747,946,295 | OtherCostOrOtherBasisAmt |
| Depreciation | $280,253,029 | DepreciationAmt |
| Book Value | $467,693,266 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $467,693,266 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | investments | Desc |
| Book Value | $32,056,193 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $32,056,193 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED CREDITS | $18,314,224 |
| ACCUM OBLIGATION FOR POSTRETIREMEN | $8,573,526 |
| CONSUMER DEPOSITS | $3,412,338 |
| OTHER NONCURRENT LIABILITIES | $4,117,846 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $34,417,934 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $289,954,203 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $289,954,203 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $289,954,203 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $277,779,505 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $277,779,505 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $277,779,505 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt |
|---|---|---|---|---|---|
| HOWARD W WILKINS | |||||
| CEO-RETIRED | $447,562 | $447,562 | |||
| ALEC NATT | |||||
| CFO | $29,419 | $386,474 | $294,808 | $39,375 | $22,872 |
| BRETT ALKINS | |||||
| COO | $26,942 | $355,372 | $270,068 | $28,688 | $29,674 |
| PAMELA BRITT | |||||
| VP HUMAN RESOURCES | $26,395 | $346,056 | $264,310 | $28,878 | $26,473 |
| STEVE MCCACHERN | |||||
| VP ENERGY DELIVERY | $9,990 | $316,372 | $250,419 | $26,639 | $29,324 |
| MATT SHARPE | |||||
| DIRECTOR OF OPERATIONS | $73,208 | $273,136 | $165,920 | $11,597 | $22,411 |
| THOMAS GOLDEN | |||||
| CEO | $33,485 | $516,666 | $437,185 | $39,375 | $6,621 |
| GAUDY JANDRON | |||||
| VP INFORMATION TECHNOLOGY | $14,048 | $204,489 | $145,649 | $27,703 | $17,089 |
| EDWARD LILES | |||||
| LINEMAN | $4,222 | $169,620 | $159,112 | $6,286 | |
| LEWIE FAVRE | |||||
| LINEMAN | $11,426 | $182,656 | $169,515 | $1,715 | |
| BRIAN DACARET | |||||
| IT MANAGER | $11,116 | $194,169 | $159,172 | $11,230 | $12,651 |
| LAQUISHA PARKS | |||||
| VP ENERGY SERVICES | $22,092 | $267,393 | $221,280 | $6,047 | $17,974 |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Brian Sisson | PersonNm |
| Relationship With Org | Director | RelationshipWithOrgTxt |
| Loan Purpose | Home Generator loan | LoanPurposeTxt |
| Loan From Organization | Yes (X) | LoanFromOrganizationInd |
| Original Principal | $12,701 | OriginalPrincipalAmt |
| Balance Due | $9,526 | BalanceDueAmt |
| Default | false | DefaultInd |
| Board Or Committee Approval | Yes (true) | BoardOrCommitteeApprovalInd |
| Written Agreement | Yes (true) | WrittenAgreementInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $9,526 | TotalBalanceDueAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Member election for additional members Part VI line 7a | BOARD MEMBERS ARE ELECTED AT THE ANNUAL MEETING |
| Governing body decisions Part VI line 7b | BOARD OF DIRECTORS AND/OR STOCKHOLDERS |
| Form 990 governing body review Part VI line 11 | REVIEWED AT A REGULAR MEETING OF THE BOARD OF DIRECTORS |
| Conflict of interest policy compliance Part VI line 12c | EMPLOYEE MEETINGS AND EXCEPTION REPORTS |
| CEO executive director top management comp Part VI line 15a | USE OF SALARY SURVEYS AND COMPENSATION CONSULTANTS |
| Other officer or key employee compensation Part VI line 15b | USE OF EXTERNAL SALARY SURVEYS AND COMPENSATION CONSULTANTS |
| Governing documents etc available to public Part VI line 19 | DOCUMENTS ARE AVAILABLE TO PUBLIC |
| Explanation of other changes in net assets or fund balances Part XI line 9 | CHANGES IN DERIVATIVES AND ACTUARIAL GAINS-COMPREHENSIVE (LOSS) AND NEW MEMBERSHIPS -46,174,181 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|
| NATIONAL RURAL UTILITIES COOPE | |||||||
| 20701 COOPERATIVE WAY | Sterling | VA | 20166 | BANKING | VA | 501C4 | N/A |
| NC ELECTRIC MEMBERSHIP CORPORA | |||||||
| 3400 SUMNER BLVD | Raleigh | NC | 27616 | WHOLESALE ENERGY | NC | 501C12 | N/A |
| TARHEEL ELECTRIC MEMBERSHIP CO | |||||||
| 3400 SUMNER BLVD | Raleigh | NC | 27616 | WAREHOUSING | NC | 501C12 | N/A |
| COBANK | |||||||
| 900 CIRCLE 75 PARKWAY | Atlanta | GA | 30339 | BANKING | CO | 501C12 | N/A |
| FEDERAL RURAL ELECTRIC INSURAN | |||||||
| 11785 W 85TH ST | Lenexa | KS | 66285 | INSURANCE | KS | 501C12 | N/A |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENERGYUNITED SERVICES CORPORAT | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1831 | AddressLine1Txt |
| City | Statesville | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28687 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | ENERGY SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | C Corp | EntityTypeTxt |
| Ownership | 1.00000 | OwnershipPct |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt |
|---|
| NATIONAL RURAL UTIL COOP FIN COOP |
| ai |
| NCEMC |
| h |
| TARHEEL ELEC MEMBERSHIP CORP |
| h |
| FEDERATED RURAL ELECTRIC INSURANCE |
| h |
| COBANK |
| ai |