2023-11-15T10:08:03-05:00 2022-12-31 541320089 ADAMS JENKINS & CHEATHAM 231 WYLDEROSE DR MIDLOTHIAN VA 23113 990 2022-01-01 560993598 TIDELAND ELECTRIC MEMBERSHIP CORPORATION TIDE 2529433046 PO BOX 159 PANTEGO NC 27860 PAUL G SPRUILL CEO 2529433046 2023-09-07 true PAUL G SPRUILL XXX-XX-XXXX true G STEVEN GILLIAM CPA P00348264 8043231313 2023-09-07 2022 2023-04-26 12:10:37Z PAUL G SPRUILL PO BOX 159 PANTEGO NC 27860 52138305 false X WWW.TIDELANDEMC.COM X 1941 NC SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF TEMC 10 10 66 0 344187 99098 48448557 51853122 129467 123337 794051 62748 49716262 52138305 16521 11451 3190228 4260578 6930848 7122817 0 0 39504813 41117183 49642410 52512029 73852 -373724 155003665 160063716 98346985 100424804 56656680 59638912 SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF TEMC false false SALE AND DISTRIBUTION OF ELECTRICITY TO MEMBERS OF TEMC. THE THREE LARGEST PROGRAM SERVICES AS MEASURED BY EXPENSES ARE AS FOLLOWS: COST OF POWER 28,328,477 DEPRECIATION 5,062,613 OTHER SALARIES AND WAGES 4,889,932 false false false false false false false false false true false true false true true true false false false false false false false false false false true false true false false false false false false false false false false false true true true false true 60 0 true 66 true false false false false false 51195152 808307 false false false X 10 10 false false false false false true true true true false false true true true true true true true true false X TIDELAND EMC 2529433046 PO BOX 159 PANTEGO NC 27860 PAUL G SPRUILL CEO 40.00 X 225274 0 86219 JIM CHRISMAN CFO 40.00 X 160504 0 52536 STEVEN HARRIS LINE OPER SU 46.00 X 127735 0 66649 BENJAMIN BEAGLEIII MGR. OF OPER 40.00 X 164627 0 16718 MICHAEL MARSLENDER LINE SUPERIN 44.00 X 110526 0 65010 HEIDI SMITH MGR. ENERGY 40.00 X 101679 0 63315 WAYNE BRACKIN DIRECTOR OF 40.00 X 101863 0 52910 J DOUGLAS BRINSON PRESIDENT 17.00 X X 16900 0 0 WAYNE SAWYER DIRECTOR 11.00 X 15700 0 0 CHARLES SLADE DIRECTOR 7.00 X 15700 0 0 RUDY AUSTIN DIRECTOR 7.00 X 14400 0 0 GARRY JORDAN DIRECTOR 7.00 X 13900 0 0 CLIFTON PAUL VICE PRESIDE 7.00 X X 13900 0 0 MARK CARAWAN SECRETARY 9.00 X X 13600 0 0 DAVID IPOCK TREASURER 8.00 X X 13400 0 0 PAUL SASNETT DIRECTOR 9.00 X 13400 0 0 DAWSON PUGH DIRECTOR 5.00 X 13000 0 0 1136108 403357 11 false true false JOHN LUCAS TREE EXPERT PO BOX 958 PORTLAND ME 04105 TREE REMOVAL 1707556 LEE ELECTRICAL CONST INC PO BOX 55 ABERDEEN NC 28315 POWER LINE CONS 1684505 SOUTHEASTERN DATA COOP INC 100 ASHFORD CENTER NORTH SUITE 500 ATLANTA GA 30338 SOFTWARE 493935 ALLEGIANT UTILITY SERVICES 7756 COLLEGE RD STE 150 BAXTER MN 56425 METER WORK 195872 DATAGROUP TECHNOLOGIES INC 100 FOX HAVEN DRIVE GREENVILLE NC 27858 IT 163120 7 99098 99098 SALE OF ELECTRICITY 221000 51195152 51195152 CONTRIBUTIONS IN AID 221000 450953 450953 CAPITAL CREDITS RECEIVED 221000 207017 207017 51853122 106658 106658 27000 100489 27000 100489 127489 27000 100489 16679 16679 16679 16679 LOSS FROM EQUITY INVESTMENT 221000 -64741 -64741 -64741 52138305 51815381 223826 X 11451 4260578 668433 4889932 1000993 141402 422057 83804 1468445 95380 2244903 5062613 COST OF POWER 28328477 DISTRIBUTION MAINTENANCE 2920552 ADMIN AND GENERAL 2090450 DISTRIBUTION OPERATION 1779117 -2956558 52512029 0 0 0 3272889 2866814 1481883 4551468 5600577 5229155 2493997 2623890 2401645 2886791 407628 215197 163702500 35949274 125455812 127753226 1600000 767629 11619129 12431496 670105 738050 155003665 160063716 2855665 4216822 79625782 81265273 15865538 14942709 98346985 100424804 X 56656680 59638912 56656680 59638912 155003665 160063716 X -373724 3355956 X false true X true false 1457308 1457308 162245192 35949274 126295918 127753226 PATRONAGE CAPITAL - NCEMC 10012987 C PATRONAGE CAPITAL - TEMA 960475 C INVESTMENT IN CFC-CTCS 779399 C PATRONAGE CAPITAL - CFC 678635 C 12431496 DEFERRED CREDITS 6846226 POST RETIREMENT BENEFITS 5167169 OTHER ACCRUED LIABILITIES 1288415 CONSUMER DEPOSITS 1040899 ECONOMIC DEVELOPMENT GRANT 600000 14942709 X 52451543 52451543 -313238 -313238 52138305 48128861 48128861 4383168 4383168 52512029 SCHEDULE D, PAGE 3, PART X THE COOPERATIVE FOLLOWS THE GUIDANCE FOR "UNCERTAIN TAX POSITIONS" IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE COOPERATIVE HAS DETERMINED THAT IS IS MORE LIKELY THAN NOT THAT THEIR TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. SCHEDULE D, PAGE 4, PART XI, LINE 4B CIAC NOT REVENUE PER GAAP 450,953 NON-CASH PAT. ALLOC. -886,781 FEMA FUNDS 99,098 EXPENSES NETTED WITH OTHER INCOME 23,492 SCHEDULE D, PAGE 4, PART XII, LINE 4B PAT. DIV. PAID TO MEMBERS 4,260,578 FEMA FUNDS 99,098 EXPENSES NETTED WITH OTHER INCOME 23,492 false TIDELAND ELEC CARE TRUST 25831 HWY 264 EAST PANTEGO NC 27860 562118287 501C3 11451 FMV CHARITABLE AND EDUCA X X X X false false false PAUL G SPRUILL CEO 225004 270 73845 12374 311493 JIM CHRISMAN CFO 153070 234 7200 40162 12374 213040 STEVEN HARRIS LINE OPER SUPERINT 127453 282 54275 12374 194384 BENJAMIN BEAGLEIII MGR. OF OPERATIONS 152345 282 12000 4344 12374 181345 MICHAEL MARSLENDER LINE SUPERINTENDENT 110052 474 52636 12374 175536 HEIDI SMITH MGR. ENERGY SERVICES 101181 498 50941 12374 164994 WAYNE BRACKIN DIRECTOR OF JT&S 101389 474 40536 12374 154773 FORM 990 PART IX, LINE 4 BENEFITS PAID TO OR FOR MEMBERS: PATRONAGE DIVIDENDS ARE PAID TO MEMBERS' ACCOUNTS IN ACCORDANCE WITH THE PRE EXISTING OBLIGATION IN TIDELAND ELECTRIC MEMBERSHIP CORPORATION'S BY LAWS. THE CORPORATION 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 SECTION 501(C)(12) ORGANIZATIONS TO THEIR MEMBERS. FORM 990, PART VI EXPLANATION OF CLASSES OF MEMBERS OR SHAREHOLDER: TIDELAND ELECTRIC MEMBERSHIP CORPORATION IS AN ELECTRIC MEMBERSHIP CORPORATION THAT DELIVERS ELECTRICITY TO THE MEMBERS OF THE COOPERATIVE. THE MEMBERS ELECT THE BOARD OF DIRECTORS, WHICH SERVES AS THE GOVERNING BODY OF THE COOPERATIVE. FORM 990, PAGE 6, PART VI, LINE 7A MEMBERS OF THE GOVERNING BOARD ARE ELECTED BY THE MEMBERSHIP AT THE ANNUAL MEMBERSHIP MEETING. EACH MEMBER RECEIVES ONE VOTE. FORM 990, PAGE 6, PART VI, LINE 7B THE GOVERNING BODY'S DECISIONS ARE RATIFIED BY THE GENERAL MEMBERSHIP AT THE ANNUAL MEMBERSHIP MEETING. FORM 990, PAGE 6, PART VI, LINE 11B THE CEO AND MANAGER OF FINANCE REVIEW THE 990 WITH THE GOVERNING BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS AHEAD OF EACH MONTHLY BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 15A CEO COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS AFTER A COMPARISON WITH SURVEYS, CONSULTANTS, AND OTHER SIMILAR ORGANIZATIONS. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES ARE DETERMINED BY THE CEO AFTER CONSULTATION WITH HUMAN RESOURCES AND REVIEWS OF SURVEYS, CONSULTANTS, AND OTHER SIMILAR ORGANIZATIONS. FORM 990, PAGE 6, PART VI, LINE 15B CEO COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS AFTER A COMPARISON WITH SURVEYS, CONSULTANTS, AND OTHER SIMILAR ORGANIZATIONS. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE CEO AFTER CONSULTATION WITH HUMAN RESOURCES AND REVIEWS OF SURVEYS, CONSULTANTS, AND OTHER SIMILAR ORGANIZATIONS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST. FINANCIAL DATA IS PRESENTED TO THE MEMBERS AT THE ANNUAL MEETING AND IS ALSO INCLUDED IN THE 990, WHICH IS ALSO AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 NON-CASH PATRONAGE ALLOC NOT REV PER IRS 886,781 PATRONAGE DIV PAID TO MEMBER'S ACCTS 4,260,578 CIAC NOT REVENUE PER GAAP -450,953 RETIREMENT OF CAPITAL CREDITS -1,238,534 OTHER COMPREHENSIVE LOSS -101,916 TOTAL 3,355,956 TIDELAND ELECTRIC CARE TRUST INC 25831 HIGHWAY 264 EAST PANTEGO NC 27860 562118287 CHARITABLE NC 3 7 TIDELAND TIDELAND EMC true false true false false false false false false false false false false false false false false false false true TIDELAND ELECTRIC CARE TRUST INC B 11451 FMV TIDELAND ELECTRIC CARE TRUST INC S 25337 FMV