2025-06-10T15:20:51-05:00 2024-12-31 540737372 PBMARES LLP 3621 JOHN PLATT DRIVE MOREHEAD CITY NC 28557 990 2024-01-01 560360850 PITT AND GREENE ELECTRIC MEMBERSHIP CORPORATION PITT 2527533128 3989 WEST WILSON STREET FARMVILLE NC 27828 MARK A SUGGS EXECUTIVE VP & GM 2527533128 2025-06-09 1 0 TIMOTHY M WESTON CPA P01908397 2527260551 2025-05-28 2024 2025-03-06 01:10:19Z MARK A SUGGS 3989 WEST WILSON ST FARMVILLE NC 27828 27378117 0 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 CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT. 9 9 32 0 9461 5536 0 0 25181165 26759688 238066 481412 55409 110963 25474640 27352063 0 0 0 0 4234076 4375910 0 0 0 19955808 21461207 24189884 25837117 1284756 1514946 66011743 65393511 32269989 30296646 33741754 35096865 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. 0 0 ELECTRIC DISTRIBUTION CORPORATION SUPPLYING ELECTRIC POWER TO ITS MEMBERS AT LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 32 1 1 1 0 0 0 0 0 0 26198141 1153922 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 NC X MARK A SUGGS 2527533128 3989 WEST WILSON STREET FARMVILLE NC 27828 WILLIAM E ASKEW VICE PRESIDENT 1.41 X X 12000 0 2395 KIRBY BELL DIRECTOR 1.23 X 12000 0 2382 JACK EDMONSON DIRECTOR 0.61 X 12000 0 2390 RICHARD S HARPER DIRECTOR 0.75 X 12000 0 2395 JEFFERY N LETCHWORTH SECRETARY/TREASURER 0.75 X X 12000 0 2395 GARLAND MOZINGO DIRECTOR 1.05 X 12000 0 2395 JAMES SHACKLEFORD DIRECTOR 0.73 X 12000 0 2390 ERNEST G SMITH PRESIDENT 1.56 X X 12000 0 2395 MICHAEL HARDY DIRECTOR 0.54 X 12000 0 2395 MARK A SUGG GENERAL MANAGER/EVP 40.00 X 494592 0 86949 ANTHONY W BARROW DIRECTOR - ENGINEERING 40.00 X 247329 0 50543 PATSY B ROWE DIRECTOR - FINANCE 40.00 X 192111 0 97728 AUSTIN DIXON CFO 40.00 X 156890 0 68289 MILTON M GRANT DIRECTOR - OPERATIONS 40.00 X 191083 0 62388 TAMMY MURPHY DIRECTOR OF HUMAN RESOURCE 40.00 X 173615 0 207123 1563620 0 594552 6 0 1 0 XYLEM TREE EXPERTS 208 EAST PLUME ST SUITE 250 NORFOLK VA 23510 ROW TRIMMING 504047 MASTEC NORTH AMERICA INC 209 ART BRYAN DR ASHEBORO NC 27203 LINE CONSTRUCTION 498403 FARRIOR & SONS INC PO BOX 127 FARMVILLE NC 27828 CONSTRUCTION 481654 LUCAS TREE EXPERTS PO BOX 958 PORTLAND ME 04104 ROW TRIMMING 238836 DEAN JONES 1241 CORBETT TOWN RD SNOW HILL NC 28580 ROW TRIMMING 142978 5 SALE OF ELECTRICITY 221000 26198141 26198141 PATRONAGE CAPITAL 221000 561547 561547 26759688 202553 202553 11324 1863 9461 9461 9461 303050 24191 278859 278859 278859 MISCELLANEOUS INCOME 221000 101502 101502 101502 27352063 26861190 9461 481412 2107101 2268809 44458 61780 119825 1407993 3187 133850 911117 2612198 66139 COST OF POWER 15168741 ADMINISTRATIVE COSTS 422824 MAINTENANCE 347919 CONSUMER ACCOUNT EXPENS 75553 85623 25837117 753355 725479 3000000 2575000 3801175 3076212 587726 476093 363028 66154 84432011 34410488 49518063 50021523 7988396 8453050 66011743 65393511 3108713 4038481 22694936 21332717 6466340 4925448 32269989 30296646 X 0 0 0 0 33741754 35096865 33741754 35096865 66011743 65393511 X 1514946 -159835 X 0 1 X 1 0 79871547 30303030 49568517 4560464 4107458 453006 50021523 MEMBERSHIP FEES 3075 C PATRONAGE CAPITAL 7128597 C CAPITAL TERM CERTIFICATE 678957 C STOCK 7200 C ECONOMIC DEVELOPMENT 122471 C NON-UTILITY PROPERTY 512750 C 8453050 ACCUMULATED RETIREMENT PROVISIONS 3674889 CONSUMER DEPOSITS 1240619 DEFERRED CREDITS 9940 4925448 27352063 0 27352063 0 27352063 25837117 0 25837117 0 25837117 0 0 0 MARK A SUGG GENERAL MANAGER/EVP 391024 0 8457 0 95111 0 36225 0 50724 0 581541 0 0 0 TAMMY MURPHY DIRECTOR OF HUMAN RESOURCE 163623 0 3567 0 6425 0 170990 0 36133 0 380738 0 0 0 ANTHONY W BARROW DIRECTOR - ENGINEERING 238207 0 5071 0 4051 0 25417 0 25126 0 297872 0 0 0 PATSY B ROWE DIRECTOR - FINANCE 183330 0 3943 0 4838 0 73070 0 24658 0 289839 0 0 0 MILTON M GRANT DIRECTOR - OPERATIONS 183734 0 4005 0 3344 0 19612 0 42776 0 253471 0 0 0 AUSTIN DIXON CFO 153311 0 3289 0 290 0 32140 0 36149 0 225179 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 EACH ACTIVE ELECTIC CUSTOMER OF THE CORPORATION ARE MEMBERS FORM 990, PART VI, SECTION A, LINE 7A EACH ACTIVE ELECTRIC CUSTOMER OF THE CORPORATION IS A MEMBER WITH ONE VOTE FORM 990, PART VI, SECTION A, LINE 7B MEMBERS HAVE VOTING RIGHTS AND MUST VOTE TO CHANGE THE CHARTER, SET DEBT LIMITS, AND TO CONSIDER DISSOLUTION. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE GOVERNING BODY (BOARD OF DIRECTORS) AT A REGULAR BOARD MEETING HELD IN MAY. FORM 990, PART VI, SECTION B, LINE 12C EVERY YEAR THE GOVERNING BODY COMPLETES AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE FORM 990, PART VI, SECTION B, LINE 15A MANAGEMENT RECOMMENDS AND THE BOARD OF DIRECTORS APPROVE A WAGE AND SALARY PLAN THAT USED NORTH CAROLINA MIDPOINTS AS REORTED IN THE ANNUAL NRECA NATION COMPENSATION SURVEY FORM 990, PART VI, SECTION C, LINE 19 UPON RECEIVING A REQUEST DURING NORMAL BUSINESS HOURS THE COOPERATIVE MAKES AVAILABLE ITS GOVERNING DOCUMENTS. FORM 990, PART XI, LINE 9: PATRONAGE CAPITAL RETIRED -386,545. CAPITAL CREDITS DISCOUNTED 226,635. CHANGE IN MEMBERSHIP FEE 75.