2025-06-10T14:53:05-04:00 2024-12-31 541320089 ADAMS JENKINS & CHEATHAM 231 WYLDEROSE DR MIDLOTHIAN VA 23113 990 2024-01-01 560993598 TIDELAND ELECTRIC MEMBERSHIP CORPORATION TIDE 2529433046 PO BOX 159 PANTEGO NC 27860 PAUL G SPRUILL CEO 2529433046 2025-06-07 true true G STEVEN GILLIAM CPA P00348264 8043231313 2025-06-10 2024 2025-03-06 01:10:19Z PAUL G SPRUILL PO BOX 159 PANTEGO NC 27860 55171800 false X WWW.TIDELANDEMC.COM X 1941 NC SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF TEMC 10 10 50 0 0 52056531 54446370 162426 129074 159549 567357 52378506 55142801 16107 21945 2808285 3567952 7340881 7909051 0 0 41784252 43222656 51949525 54721604 428981 421197 158206802 162292544 95662586 97023588 62544216 65268956 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 30,351,737 OTHER SALARIES AND WAGES 5,425,334 DEPRECIATION 5,329,572 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 59 0 true 50 true false false false false false 53501072 1134371 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 288088 0 81802 JIM CHRISMAN CFO 40.00 X 189270 0 50254 MYRA BEASLEY HR/RISK MGMT 40.00 X 140293 0 50880 MICHAEL MARSLENDER LINE SUPERIN 40.00 X 129349 0 57195 KAREN HEFFLEY CONTROLLER 40.00 X 111868 0 71015 HEIDI SMITH MGR. ENERGY 40.00 X 111072 0 64121 WAYNE BRACKIN DIR OF JT&S/ 40.00 X 112910 0 57449 J DOUGLAS BRINSON PRESIDENT 17.00 X X 25600 0 0 WAYNE SAWYER DIRECTOR 11.00 X 21700 0 0 CHARLES SLADE DIRECTOR 7.00 X 21200 0 0 MARK CARAWAN SECRETARY 8.00 X X 16200 0 0 DAVID IPOCK TREASURER 7.00 X X 14200 0 0 GARRY JORDAN DIRECTOR 6.00 X 14200 0 0 CLIFTON PAUL VICE PRESIDE 5.00 X X 14200 0 0 RUDY AUSTIN DIRECTOR 6.00 X 13700 0 0 PAUL SASNETT DIRECTOR 7.00 X 13200 0 0 DAWSON PUGH DIRECTOR 6.00 X 12700 0 0 1249750 432716 19 false true false GUNNISON TREE SERVICES LLC 4960 PLANT ATKINSON RD ATLANTA GA 30339 TREE REMOVAL 1658932 LEE ELECTRICAL CONST INC 12828 HWY 15-501 SOUTH ABERDEEN NC 28315 POWER LINE CONS 1003711 RIVER CITY CONSTRUCTION INC PO BOX 1420 WASHINGTON NC 27889 POWER LINE CONS 640933 MERIDIAN COOPERATIVE INC 100 ASHFORD CENTER NSUITE 500 ATLANTA GA 30338 IT 547263 DATAGROUP TECHNOLOGIES INC 100 FOX HAVEN DRIVE GREENVILLE NC 27858 IT 163431 8 SALE OF ELECTRICITY 221000 53501072 53501072 CONTRIBUTIONS IN AID 221000 767271 767271 CAPITAL CREDITS RECEIVED 221000 178027 178027 54446370 158073 158073 31000 104724 31000 104724 135724 31000 104724 28999 -28999 -28999 -28999 GAIN FROM EQUITY INVESTMENT 221000 431633 431633 431633 55142801 54909003 233798 X 21945 3567952 776313 5425334 1161084 74105 472215 39637 1541508 114666 2278408 5329572 COST OF POWER 30351737 DISTRIBUTION MAINTENANCE 2826750 ADMIN AND GENERAL 2158521 DISTRIBUTION OPERATION 1544240 -2962383 54721604 0 0 0 1909431 3067832 1680805 170066 5516373 6178905 2261283 2602918 3558514 3624041 493664 695959 171361197 40370423 128714143 130990774 13348070 14154018 724519 808031 158206802 162292544 3082410 5325305 79509450 79672251 13070726 12026032 95662586 97023588 X 62544216 65268956 62544216 65268956 158206802 162292544 X 421197 2303543 X false true X true false 1456823 1456823 169904374 40370423 129533951 130990774 PATRONAGE CAPITAL - NCEMC 11644202 C PATRONAGE CAPITAL - TEMA 1072019 C INVESTMENT IN CFC-CTCS 767632 C PATRONAGE CAPITAL - CFC 670165 C 14154018 DEFERRED CREDITS 4893244 POST RETIREMENT BENEFITS 3935487 OTHER ACCRUED LIABILITIES 1482078 CONSUMER DEPOSITS 1032578 ECONOMIC DEVELOPMENT GRANT 600000 EQUIPMENT FINANCED 82645 12026032 X 55225375 55225375 -82574 -82574 55142801 51109684 51109684 3611920 3611920 54721604 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 767,271 NON-CASH PAT. ALLOC. -893,813 EXPENSES NETTED WITH OTHER INCOME 43,968 SCHEDULE D, PAGE 4, PART XII, LINE 4B PAT. DIV. PAID TO MEMBERS 3,567,952 EXPENSES NETTED WITH OTHER INCOME 43,968 false TIDELAND ELEC CARE TRUST 25831 HWY 264 EAST PANTEGO NC 27860 562118287 501C3 11939 10006 FMV CHARITABLE AND EDUCA X X X X false false false PAUL G SPRUILL CEO 287758 330 69732 12070 369890 JIM CHRISMAN CFO 188985 285 38184 12070 239524 MYRA BEASLEY HR/RISK MGMT/SAFETY 139618 675 38810 12070 191173 MICHAEL MARSLENDER LINE SUPERINTENDENT 128764 585 45125 12070 186544 KAREN HEFFLEY CONTROLLER 111433 435 58945 12070 182883 HEIDI SMITH MGR. ENERGY SERVICES 110457 615 52051 12070 175193 WAYNE BRACKIN DIR OF JT&S/FACIL 112325 585 45379 12070 170359 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 893,813 PATRONAGE DIV PAID TO MEMBER'S ACCTS 3,567,952 CIAC NOT REVENUE PER GAAP -767,271 RETIREMENT OF CAPITAL CREDITS -1,171,700 OTHER COMPREHENSIVE LOSS -219,251 TOTAL 2,303,543 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 true true TIDELAND ELECTRIC CARE TRUST INC B 11939 FMV TIDELAND ELECTRIC CARE TRUST INC S 26078 FMV TIDELAND ELECTRIC CARE TRUST INC R 13072 FMV