2023-10-05T10:47:19-04:00 2022-12-31 541320089 ADAMS JENKINS & CHEATHAM 231 WYLDEROSE DR MIDLOTHIAN VA 23113 990 2022-01-01 560250191 HALIFAX ELECTRIC MEMBERSHIP CORPORATION HALI 2524455113 PO BOX 667 ENFIELD NC 27823 TUCKER LEMLEY CEO 2524455113 2023-10-03 true CHARLES GUERRY 999009999 true G STEVEN GILLIAM CPA P00348264 8043231313 2023-10-03 2022 2023-04-26 12:10:37Z TUCKER LEMLEY PO BOX 667 ENFIELD NC 27823 27384366 false X WWW.HALIFAXEMC.COM X 1938 NC TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. 8 8 51 0 0 26267492 27213204 119606 9064 1222056 71725 27609154 27293993 0 1175973 648809 4656674 4966774 0 0 20099644 21918003 25932291 27533586 1676863 -239593 71310084 73341542 46598574 48371782 24711510 24969760 TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. false false TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. THE THREE LARGEST PROGRAM SERVICES AS MEASURED BY EXPENSES WERE AS FOLLOWS: COST OF POWER 14,540,687 OTHER SALARIES AND WAGES 3,074,283 DEPRECIATION 3,007,042 false false false false false false false false false true false true false true false true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 30 0 true 51 true false false false false false 26923332 389309 false false false X 8 8 false false false false true true true true true false false true true true true true true true true false X WANDA P COOKE 2524455113 PO BOX 667 ENFIELD NC 27823 X CHARLES H GUERRY EXEC VP/GEN 40.00 X 256380 0 115272 SAMUEL MOSELEY MGR OF OPERA 40.00 X 115057 0 73300 WANDA P COOKE MANAGER OF F 40.00 X 119363 0 65698 ROGER CHAPPELL LINE SUPERIN 40.00 X 109077 0 47830 SANDERS P COX EMPLOYEE/DIR 41.00 X 88381 0 15241 BASIL D WILLIAMS PRESIDENT 2.00 X X 13239 0 0 BARBARA BRAYBOY SEC-TREAS 1.00 X X 12236 0 0 STANLEY BROTHERS DIRECTOR 1.00 X 11124 0 0 ROBERT F HARRIS DIRECTOR 1.00 X 10239 0 0 HARRY M WILLIAMS III DIRECTOR 1.00 X 10239 0 0 NATHANIEL M ROBERTSON ASST. SEC/TR 1.00 X X 10239 0 0 ROBIN WILLIAMS VICE PRESIDE 1.00 X X 10139 0 0 MORELL JONES JR FORMER DIREC 1.00 X 8015 0 0 BEVERLY WALKER FORMER DIREC 1.00 X 2328 0 0 776056 317341 4 false true false XYLEM TREE EXPERTS 208 E PLUME STREET SUITE 250 NORFOLK VA 23510 CLEARING 1385820 MERIDIAN COOPERATIVE INC 100 ASHFORD CENTER N STE 500 ATLANTA GA 30338 SOFTWARE 347207 C-PHASE SERVICES LLC PO BOX 3210 KINSTON NC 28502 CONTRACTOR 277353 BOOTH & ASSOCIATES INC 2300 REXWOODS DRIVE SUITE 300 RALEIGH NC 27607 ENGINEERING 213473 LEE ELETRICAL CONSTRUCTION PO BOX 55 ABERDEEN NC 28315 CONSTRUCTION 113640 5 ELECTRICITY SALES 221000 26923332 26923332 PATRONAGE ALLOC. RECEIVED 221000 156647 156647 CIAC 221000 133225 133225 27213204 62773 62773 74725 74725 74725 74725 36664 90373 -53709 -53709 -53709 INCOME FROM SUBSIDIARY -3000 -3000 -3000 27293993 27210204 83789 X 648809 748133 3074283 868355 276003 46508 820831 61742 1257312 3007042 COST OF POWER 14540687 DISTRIBUTION MAINTENANCE 1860603 DISTRIBUTION OPERATION 1107320 ADMIN AND GENERAL 665456 -1449498 27533586 0 0 0 560009 860329 701396 987405 3081270 3027147 1663664 1372996 622117 1204091 58308 335623 92245355 34331094 56792116 57914261 7831204 7639690 71310084 73341542 2281590 2721691 42185218 44130070 2131766 1520021 46598574 48371782 X 101095 101955 24610415 24867805 24711510 24969760 71310084 73341542 X -239593 497843 X false true X true false 517944 517944 91727411 34331094 57396317 57914261 PATRONAGE CAPITAL 6413863 OTHER 772127 CAPITAL TERM CERTIFICATES 453700 7639690 CONSUMER DEPOSITS 825941 DEFERRED CREDITS 694080 1520021 27722254 561486 561486 27160768 133225 133225 27293993 26884777 26884777 648809 648809 27533586 SCHEDULE D, PAGE 4, PART XI, LINE 2D CASH PATRONAGE CAPITAL REC ADJ 561,486 SCHEDULE D, PAGE 4, PART XI, LINE 4B CONTRIBUTIONS IN AID OF CONSTRUCTION 133,225 SCHEDULE D, PAGE 4, PART XII, LINE 4B BENEFITS PAID TO OR FOR MEMBERS NOT GAAP EXP 648,809 X X X X false false false CHARLES H GUERRY EXEC VP/GEN MGR 245463 512 10405 93480 21792 371652 SAMUEL MOSELEY MGR OF OPERATIONS 113567 541 949 45696 27604 188357 WANDA P COOKE MANAGER OF FINANCE 116813 541 2009 45165 20533 185061 ROGER CHAPPELL LINE SUPERINTENDENT 107801 541 735 36096 11734 156907 SCHEDULE J, PART III DURING 2022, SANDERS COX WAS A HIGHLY COMPENSATED EMPLOYEE THROUGH MARCH OF 2022 WHEN HE RETIRED FROM HEMC. DURING SEPTEMBER OF 2022, HE WAS ELECTED TO THE BOARD OF DIRECTORS AND SERVED IN THIS CAPACITY FROM SEPTEMBER - DECEMBER. AS A RESULT, SANDERS IS CHECKED AS BOTH A DIRECTOR AND HIGHLY COMPENSATED EMPLOYEE IN PART VII. SANDER'S TOTAL COMPENSATION AS AN EMPLOYEE WAS 98,403 AND HIS TOTAL COMPENSATION AS A DIRECTOR WAS 5,219. FORM 990 FORM 990, PRT. I LINE 14 & PRT IX, LINE 4 BENEFITS PD. TO OR FOR MBRS. PATRONAGE DIVIDENDS PAID TO MEMBERS' ACCOUNTS WERE DONE IN ACCORDANCE WITH THE PRE-EISTING OBLIGATION IN HALIFAX ELECTRIC MEMBERSHIP'S BY-LAWS. THE COOPERATIVE IS OBLIGATED TO PAY BY CREDITS TO A CAPITAL ACCOUNT FOR EACH PATRON ALL SUCH AMOUNTS IN EXCESS OF OPERATING COSTS AND EXPENSES. IRS INSTRUCTIONS FOR LINE 4 CHANGED IN 2011 TO INCLUDE PATRONAGE DIVIDENDS PAID BY SECTIONS 501(C) (12) ORGANIZATIONS TO THEIR MEMBERS. ACCORDINGLY, THESE AMOUNTS ARE NOW REPORTED ON LINE 4. FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS, WHICH ARE AVAILABLE ON THE COOPERATIVE'S WEBSITE. EACH MEMBER HAS ONE VOTE. 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 AVAILABLE ON THE COOPERATIVE'S WEBSITE. 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 AVAILABLE ON THE COOPERATIVE'S WEBSITE. 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 ITS CONFLICT OF INTEREST POLICY. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD AS PRESCRIBED BY THE COOPERATIVE'S WAGE AND SALARY PLAN. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE CEO AS PRESCRIBED BY THE COOPERATIVE'S WAGE AND SALARY PLAN. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE MAKES ITS BYLAWS AVAILABLE ON ITS WEBSITE. THE COOPERATIVE'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AS A PART OF ITS FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI, SECTION C, LINE 18. FORM 990, PART VII 990 PART VII SECTION A COLUMN F: THE COOPERATIVE PARTICIPATES IN THE NRECA GROUP DEFINED PENSION PLAN. AS PART OF THIS PLAN, PARTICIPANTS ARE REQUIRED TO RECOGNIZE THE ACTUARIAL INCREASE IN THE VALUE OF THEIR ACCOUNT ON THE FORM 990. THE CONTRIBUTION RATE FOR PARTICIPANTS IN THE PLAN IS THE SAME FOR ALL INDIVIDUALS IN THE PLAN. THE CHANGE IN ACTUARIAL VALUE FOR EACH PARTICIPANT, HOWEVER, VARIES WITH AGE. IN OTHER WORDS, THE OLDER A PARTICIPANT IS, THE GREATER THE INCREASE IN THAT INDIVIDUAL'S CHANGE IN ACTUARIAL VALUE WITH ALL OTHER THINGS BEING EQUAL. FORM 990, PART XI, LINE 9 PATRONAGE DIV PAID TO MEMBERS NOT EXP PER GAAP 648,809 INCREASE IN MEMBERSHIPS 860 NON CASH PATRONAGE ALLOC NOT INCOME PER IRS 561,486 CIAC NOT INC PER GAAP -133,225 RETIREMENT OF CAPITAL CREDITS -580,087 TOTAL 497,843 HALIFAX HELPS PO BOX 667 ENFIELD NC 27823 262738242 CHAR. GIV. NC 3 7 HALIFAX EM false HALIFAX RESOURCES & SERVICES PO BOX 667 ENFIELD NC 27823 562082842 INTERNET NC HALIFAX EM C CORP -3000 757627 1.00000 false false true false false false false false false false false false false false false false false false true false HALIFAX HELPS INC B 2500 FMV HALIFAX HELPS INC R 39458 FMV