2022-04-19T14:53:17-05:00 2021-12-31 990 2021-01-01 560360850 Pitt and Greene Electric Membership Corporation % John A Dixon PITT 2527533128 3989 West Wilson Street Farmville NC 27828 JOHN A DIXON CFO 2527533128 2022-04-19 JOHN DIXON XXX-XX-XXXX 1 IAL1 2021 2022-09-23 18:48:47Z MARK A SUGGS 3989 West Wilson St Farmville NC 27828 24821197 false X www.pgemc.com X 1937 NC It shall be the aim of Pitt and Greene Electric Membership Corporation to make electric energy available to its members at the lowest cost 9 9 36 33174 18399 0 23756053 23478847 142700 1306562 22133 33219 23920886 24818628 0 1238387 479458 2210576 2325868 0 0 19740480 20107092 23189443 22912418 731443 1906210 59968714 61131619 29889593 28942928 30079121 32188691 It shall be the aim of Pitt and Greene Electric Membership Corporation to make electric energy available to its members at the lowest cost consistent with sound economy and good management. false false 22912418 23478847 Sale of electricity to cooperative members. 22912418 false 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 false false false false false true 14 0 false 36 true true true false false false false false 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 MARK A SUGGS 2527533128 3989 West Wilson St Farmville NC 27828 WILLIAM E ASKEW VicePresident 1.300 X X 14800 0 0 KIRBY BELL Director 0.900 X 14786 0 0 JACK EDMONSON Director 0.600 X 14794 0 0 RICHARD S HARPER Director 1.600 X 14800 0 0 JEFFERY N LETCHWORTH SecretaryTreasurer 0.900 X X 14800 0 0 GARLAND MOZINGO Director 1.200 X 14800 0 0 JAMES SHACKLEFORD Director 1.100 X 14794 0 0 ERNEST G SMITH President 1.500 X X 14800 0 0 MICHAEL HARDY Director 0.800 X 14800 0 0 MARK A SUGGS General ManagerEVP 40.00 X 342097 0 30450 ANTHONY W BARROW Director Engineering 40.00 X 227709 0 23563 PATSY B ROWE Director Finance 40.00 X 156768 0 68674 AUSTIN DIXON CFO 40.00 X 126654 0 38294 MILTON M GRANT Director Operations 40.00 X 155235 0 181934 1141637 342915 5 false true false Mastec North America Inc Line Construction 346893 Xylem Tree Experts ROW Trimming 331040 Carolina Power & Signaliza Line Construction 305321 Lucas Tree Experts ROW Trimming 228284 Booth & Associates LLC Engineering Services 223694 5 Sale of Electricity 221000 22912419 22912419 Patronage Capital 566428 566428 23478847 1306562 1306562 35743 2569 33174 33174 33174 0 NCEMC Bright Ideas Gra 45 45 45 24818628 24785454 33174 X 479458 1288483 1037385 94255 46500 747099 2424755 Cost of Power 12690074 Transmission and Distr Expen 2533593 Consumer Account Exp 776053 Admin and General Exp 626474 168289 22912418 0 0 0 2069402 683741 3850000 3850000 2462671 2551830 473948 495890 371508 590730 74386933 28878240 43590494 45508693 7150691 7452324 -1589 59968714 61131619 2563106 2796113 23194369 21785796 4132118 4361019 29889593 28942928 30079121 X 30079121 32188691 30079121 32188691 59968714 61131619 X 1906210 203360 X false true true false false false false false false false false 1721803 1721803 68090728 25113273 42977455 4574402 3764967 809435 45508693 Membership Fees 3075 Patronage Capital 6104337 Capital Term Certificat 696904 Stock 7200 Economic Development 122471 NonUtility Property 518337 7452324 Deferred Asset -1589 -1589 Accumulated Retirement Provision 3569356 Consumer Deposits 753622 Deferred Credits 38041 4361019 false false false false false false false false false WILLIAM E ASKEW VicePresident 14800 14800 KIRBY BELL Director 14786 14786 JACK EDMONSON Director 14794 14794 RICHARD S HARPER Director 14800 14800 JEFFERY N LETCHWORTH SecretaryTreasurer 14800 14800 GARLAND MOZINGO Director 14800 14800 JAMES SHACKLEFORD Director 14794 14794 ERNEST G SMITH President 14800 14800 MICHAEL HARDY Director 14800 14800 MARK A SUGGS General ManagerEVP 324738 6784 10575 30450 48508 421055 ANTHONY W BARROW Director Engineering 219906 4509 3294 23563 27420 278692 PATSY B ROWE Director Finance 149839 3117 3812 68674 24499 249941 AUSTIN DIXON CFO 123795 2651 208 38294 30775 195723 MILTON M GRANT Director Operations 148628 3166 3441 181934 35445 372614 Part VI Line 6 Each active electric customer of the corporation is a member. Part VI Line 7a Each active electric customer of the corporation is a member with one vote. Part VI Line 7b Members have voting rights and must vote to change the charter, set debt Part VI Line 7b limits, and to consider dissolution. Part VI Line 11b A copy of the Form 990 was made available to the governing body at the Part VI Line 11b regular board meeting held on April 28, 2022. Part VI Line 12c The governing body completes an annual conflict of interest questionaire. Part VI Line 15a or b General Manager, EVP - August 2021 Part VI Line 19 Upon recieving a request in our main office located at 3989 West Wilson St Part VI Line 19 Farmville, NC 27828 Part XI Line 9 Retirement of Capital Credits Part XI Line 9 Line 9 Other changes in net assets or fund balances Part XI Line 9 Patronage Capital Retired - 2021 <806,863> Part XI Line 9 Capital Credits Discounted - Reacquired 358,125 Part XI Line 9 Present Value Redeemed <448,738> Part XI Line 9 Change in Membership Fees 10 Part XI Line 9 Adjustments from 2021 posted in 2022 172,630 Part XI Line 9 2021 Operating Margins 617,652 Part XI Line 9 Change in Unbilled Revenue <138,194> Part XI Line 9 Change in Net Assets 203,360