2025-07-17T09:57:59-05:00 2024-12-31 610420207 JONES NALE & MATTINGLY PLC 401 WEST MAIN STREET SUITE 1100 LOUISVILLE KY 40202 990 2024-01-01 610193917 FLEMING-MASON ENERGY COOPERATIVE INC FLEM 6068452661 1449 ELIZAVILLE ROAD FLEMINGSBURG KY 41041 BRANDON HUNT PRESIDENT & CEO 6068452661 2025-06-25 1 1 TRAVIS C FRICK P01728213 5025830248 2024 2025-03-06 01:10:19Z BRANDON HUNT 1449 ELIZAVILLE ROAD FLEMINGSBURG KY 41041 89942985 0 X N/A X 1938 KY PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF 25,975. 7 7 52 0 0 0 110050 0 88630218 88537130 96681 51484 1972006 1350170 90808955 89938784 12000 12000 640756 1822406 6023571 6533793 0 0 0 84132628 81570585 90808955 89938784 0 0 151091747 154059329 72219047 71916328 78872700 82143001 PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 25,975 CONSUMERS MONTHLY. 0 0 89938784 12000 89291251 PROVIDE ELECTRIC SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 25,975 CONSUMERS MONTHLY. 89938784 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 21 0 1 52 1 0 0 0 0 0 0 0 0 0 88537130 809806 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X LAUREN FRITZ 6068452661 PO BOX 328 FLEMINGSBURG KY 41041 TOM SAUNDERS CHAIRMAN 6.00 X X 16306 0 0 SANDINA GOODING SEC/TREASURER 5.00 X X 16306 0 0 TIMOTHY S ELDRIDGE DIRECTOR 5.00 X 17806 0 0 RICK HORD DIRECTOR 10.00 X 17006 0 0 JOHN ROE VICE-CHAIR 10.00 X X 18006 0 0 REGINA ROSE DIRECTOR 8.00 X 15806 0 0 SHANE SMOOT DIRECTOR 8.00 X 17806 0 0 BRANDON HUNT CEO 40.00 X 165307 0 54920 LAUREN FRITZ CFO 40.00 X 130696 0 46718 CAMERON CRAWFORD CONSTRUCTION FOREMAN 40.00 X 148514 0 40893 ROBERT SKAGGS MAINTENANCE CREW LEADER 40.00 X 139996 0 40992 WILLIAM HART 1ST CLASS LINEMAN 40.00 X 132904 0 23982 JOSHUA HAMM 1ST CLASS LINEMAN 40.00 X 129375 0 23982 JUSTIN DAILEY 1ST CLASS LINEMAN 40.00 X 123906 0 33231 1089740 0 264718 20 0 1 0 BOWLIN GROUP LLC 3 HOOP DRIVE WALTON KY 41094 LINEWORK 2002668 ARBORWORKS LLC 40094 HWY 49 OAKHURST CA 93644 RIGHT OF WAY 1380326 MCLEAN ENGINEERING CO INC PO BOX 736729 DALLAS TX 75373 ENGINEERING, JOINT-USE 706642 MERIDIAN COOPERATIVE INC 100 ASHFORD CENTER NORTH SUITE 500 ATLANTA GA 30338 BILLING SOFTWARE / SUPPORT 543649 PROTECTERRALLC 4861 KEATS GROVE LANE LEXINGTON KY 40513 RIGHT OF WAY SPRAY 454575 10 ELECTRIC SERVICE 221000 88537130 88537130 88537130 55685 55685 4201 -4201 -4201 -4201 JOINT USE POLE ATTACHMENT 221000 591848 591848 G&T CAPITAL CREDITS 221000 425056 425056 CAPITAL CREDITS ASOOC ORG 221000 332957 332957 309 309 1350170 89938784 89291251 0 647533 12000 1822406 415045 4405216 475522 885463 352547 40085 21750 270744 2180360 4414515 243433 COST OF POWER 72212765 DISTRIBUTION - MAINTENA 4213524 ADMINISTRATIVE AND GENE 1707739 DISTRIBUTION - OPERATIO 1675942 -5410272 89938784 674612 760438 10144262 10857842 758650 747386 120012 291174 132798581 52153479 78843780 80645102 59452287 60072468 1098144 684919 151091747 154059329 7888436 8278501 50180619 47422398 14149992 16215429 72219047 71916328 X 259115 262785 -306393 1357458 78919978 80522758 78872700 82143001 151091747 154059329 X 0 3270301 X X 0 1 X 1 0 20691 20691 5783541 2966753 2816788 126994349 49186726 77807623 80645102 PROGRAM RELATED INVESTMENTS 60072468 F 60072468 PENSION & POST RETIREMENT BENEFITS 2094861 SHORT TERM BORROWINGS 8300000 CONSUMER DEPOSITS 1864666 ACCRUED EXPENSES 3831069 CONSUMER ENERGY PREPAYMENTS 111111 DEFERRED CREDITS 13722 16215429 X 89938784 0 89938784 0 89938784 89938784 0 89938784 0 89938784 PART X, LINE 2: FLEMING-MASON'S ACCOUNTING POLICY PROVIDES THAT A TAX EXPENSE/BENEFIT FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTIONS OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS. FLEMING-MASON HAS NO UNCERTAIN TAX POSITIONS RESULTING IN AN ACCRUAL OF TAX EXPENSE OR BENEFIT. 1 SCHOLARSHIPS 12 12000 FMV FORM 990, SCHEDULE I, PART I, LINE 2 CANDIDATE MUST BE FROM FLEMING-MASON ENERGY SERVICE AREA AND THEIR PARENT OR LEGAL GUARDIAN MUST HAVE A RESIDENTIAL OR BUSINESS ACCOUNT WITH FLEMING-MASON ENERGY. APPLICANT MUST BE ENROLLED OR PLANNING TO ENROLL IN AN ACCREDITED EDUCATIONAL OR TRAINING INSTITUTION. ALL CANDIDATES MUST AGREE TO APPEAR AT THE FLEMING-MASON ENERGY'S ANNUAL MEETING. THE APPLICANT CANNOT BE A MEMBER OF THE IMMEDIATE FAMILY OR RESIDE IN THE SAME HOUSEHOLD OF AN EMPLOYEE OR DIRECTOR OF FLEMING-MASON ENERGY, ITS SUBSIDIARY, OR ITS POWER SUPPLIER, EAST KENTUCKY POWER COOPERATIVE. X X X 0 0 0 BRANDON HUNT CEO 165307 0 0 0 0 0 0 0 54920 0 220227 0 0 0 CAMERON CRAWFORD CONSTRUCTION FOREMAN 148514 0 0 0 0 0 0 0 40893 0 189407 0 0 0 ROBERT SKAGGS MAINTENANCE CREW LEADER 139996 0 0 0 0 0 0 0 40992 0 180988 0 0 0 LAUREN FRITZ CFO 130696 0 0 0 0 0 0 0 46718 0 177414 0 0 0 JUSTIN DAILEY 1ST CLASS LINEMAN 123906 0 0 0 0 0 0 0 33231 0 157137 0 0 0 WILLIAM HART 1ST CLASS LINEMAN 132904 0 0 0 0 0 0 0 23982 0 156886 0 0 0 JOSHUA HAMM 1ST CLASS LINEMAN 129375 0 0 0 0 0 0 0 23982 0 153357 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MUST BE A MEMBER TO RECEIVE ELECTRIC SERVICE. EACH MEMBER HAS ONE VOTE. MAY HAVE MORE THAN ONE SERVICE PER MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A NOMINATING COMMITTEE MEETS EVERY YEAR TO SELECT MEMBER TO RUN FOR DIRECTOR. MEMBER MAY RUN FOR DIRECTOR WITH PETITION SIGNED BY 100 MEMBERS AND AN AFFIDAVIT OF QUALIFICATION SIGNED BY THE NOMINEE. FORM 990, PART VI, SECTION A, LINE 7B ARTICLES OF INCORPORATION CAN ONLY BE CHANGED BY A MAJORITY OF THE MEMBERSHIP. BYLAWS MAY BE ALTERED, AMENDED, OR REPEALED BY THE BOARD OF DIRECTORS AT ANY REGULAR OR SPECIAL BOARD MEETING, PROVIDED THE NOTICE OF THE MEETING SHALL HAVE CONTAINED A COPY OF THE PROPOSED ALTERATION, AMENDMENT, OR REPEAL. FORM 990, PART VI, SECTION B, LINE 11B DIRECTORS ARE FURNISHED A DRAFT COPY OF THE FORM 990 PRIOR TO FILING. THE DIRECTORS MAY MAKE INQUIRIES, AND CHANGES TO THE INFORMATION CONTAINED IN THE FILING. ADDITIONALLY, DIRECTORS MEET WITH THE INDEPENDENT AUDITOR AND ARE ABLE TO ASK QUESTIONS AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND KEY EMPLOYEES ANNUALLY COMPLETE QUESTIONNAIRE ON FAMILY AND BUSINESS RELATIONSHIPS. FORM 990, PART VI, SECTION B, LINE 15 LINE 15 (A) AND (B) BOARD OF DIRECTORS REVIEW AND APPROVE COMPENSATION OF TOP MANAGEMENT, KEY EMPLOYEES, AND OTHERS USING DATA PROVIDED BY STATE AND NATIONAL ORGANIZATION SURVEYS OF ELECTRIC COOPERATIVES. DURING THE CURRENT YEAR A NEW WAGE AND SALARY STUDY WAS OBTAINED FROM AN INDEPENDENT THIRD PARTY. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE BYLAWS AND A STATEMENT OF NONDISCRIMINATION ARE GIVEN TO EACH NEW MEMBER. BYLAWS AND FINANCIAL STATEMENTS ARE PUBLISHED ANNUALLY IN NEWSLETTER MAILED TO EACH MEMBER. AN ANNUAL MEMBERSHIP MEETING IS HELD WITH ALL MEMBERS INVITED TO ATTEND. FORM 990, PART XI, LINE 9: ACCUMULATED COMPREHENSIVE INCOME 1,663,851. MARGINS ALLOCATED TO MEMBERS 1,822,406. MEMBERSHIPS ISSUED 3,670. OTHER EQUITIES 1,351. REFUNDS OF CAPITAL CREDITS -220,977. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR. FORM 990, PART IX, LINE 4 - BENEFITS PAID TO OR FOR MEMBERS REPRESENTS PATRONAGE CAPITAL ALLOCATED TO MEMBERS IN ACCORDANCE WITH THE BYLAWS OF THE COOPERATIVE. THIS REPORTING RESULTS IN A DIFFERENCE BETWEEN BOOK AND INCOME REPORTED ON THE FORM 990 BY THE SAME AMOUNT. FM UTILITY RESOURCES LLC 1449 ELIZAVILLE ROAD FLEMINGSBURG KY 410418048 844441413 UTILITY SERVICES KY 5790 155763 FLEMING-MASON ENERGY COOPERATIVE INC