2021-11-12T08:21:54-08:00 2020-12-31 541320089 ADAMS JENKINS CHEATHAM PC 231 WYLDEROSE DR MIDLOTHIAN VA 23113 990 2020-01-01 560154512 BRUNSWICK ELECTRIC MEMBERSHIP CORPORATION BRUN 9107544391 PO BOX 826 SHALLOTTE NC 28459 Joshua Winslow CEO/General Manager 2021-11-12 true Joshua Winslow 999009999 G STEVEN GILLIAM CPA P00348264 8043231313 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z Joshua Winslow PO Box 826 Shallotte NC 28459 205285937 false X www.bemc.org X 1939 NC See Schedule O 11 11 195 193133 1948906 7112541 186856414 196279366 1311180 1470514 127070 300448 190243570 205162869 233959 229209 12825571 13227991 22407281 23196080 0 0 156122467 165569390 191589278 202222670 -1345708 2940199 453887577 467836329 284789494 287575146 169098083 180261183 X See Schedule O false false 186027596 229209 193010658 Distribution of electricity to members, which includes the purchase of electric power from suppliers, transmission operations and maintenance, distribution operations and maintenance, customer accounting, customer service, marketing, general administration, and minor non-operating activities. 13227991 Patronage dividends paid to members' accounts. See Part IX, line 4, "Benefits paid to or for members", per IRS instructions. 2967083 3491353 Operation, maintenance and construction of electric distribution lines for (1) the Military Ocean Terminal Sunny Point, under the terms of a long-term contract with the United States Government, and (2) the City of Southport, NC. 202222670 false false false false false false false false false true false true false true true true true false false false false false false false false false true true true false false false false false false false false false false false true true false false true 54 0 true 195 true true true false false false false false false false X 11 11 true false false false true true true true true false false true true true true true true true true false X BRUNSWICK ELECTRIC MEMBERSHIP 9107544391 PO BOX 826 SHALLOTTE NC 28459 Joshua Winslow CEO / Gen Mgr. 60.00 5.00 X 328558 0 144639 Lewis Shaw VP Oper. & Eng. 50.00 0.00 X 270568 0 129095 Corey Thurlow COO 45.00 0.00 X 257876 0 92868 David Reel VP Technology 40.00 0.00 X 216058 0 60213 Lisa Fitzgerald VP Finance 50.00 2.00 X 179047 0 71346 Dana Mauldin Dir. Corp Safety / Loss Contr 50.00 0.00 206378 0 35881 Hector Batchelor Director of Procurement 50.00 0.00 168725 0 66909 Paul Gore Super. Dist / CC 50.00 0.00 165820 0 62742 John R Coleman Manager, Operations 50.00 0.00 185087 0 35923 David Adams Mgr. Infor. Syst. 50.00 0.00 180323 0 35978 James T Tippett Manager, Operations 50.00 0.00 180184 0 35872 John Johnson Manager, Operations 50.00 0.00 179211 0 35907 James D Green Mgr Customer Svc 50.00 0.00 198820 0 16024 Arthur Owens Super Cont Con/Sub 50.00 0.00 175227 0 35811 Alice Ashe HR Director 50.00 0.00 161360 0 35593 Ervin Etheridge Super. Dist / CC 50.00 0.00 160345 0 35560 JOHN D WARD Vice President 7.00 2.00 X X 51969 0 0 DAVID L GORE Sect. / Treas. 10.00 2.00 X X 49274 0 0 LARRY G FOWLER Asst. Sec / Tre 6.00 2.00 X X 47474 0 0 PHILLIP W CHEERS Director 5.00 2.00 X 41584 0 0 Scott Thomas VP Corp Service 50.00 0.00 X 41552 0 0 FREDERICK A TEDDER President 8.00 5.00 X X 38909 0 0 L CALVIN DUNCAN Director 4.00 2.00 X 29906 0 0 Dan Strickland Director 5.00 2.00 X 27210 0 0 MOSES C HERRING Director 3.00 2.00 X 22704 0 0 Perry Sellers Director 9.00 2.00 X 20261 0 0 Deborah G Ahlers Director 7.00 2.00 X 18459 0 0 JOANN B SIMMONS Director 1.00 1.00 X 15054 0 0 3617943 930361 78 false true false Lee Electrical 12828 Highway 15-501 South Aberdeen NC 28315 Utility line const. 9642272 Axel McPherson Construction Inc 721 Jack Hayes Rd Whiteville NC 28472 Utility Line Cosnt. 718996 Sumter Utilities Inc 1151 N Pike W Sumter SC 29153 Utility line const. 1798972 USIC Locating Services 210 Old Dairy Road Suite F Wilmington NC 28405 Utility Line locating Ser 536571 New South Maintenance 837 Savannah Road Tabor City NC 28643 Right of way maint. 2542782 16 7112541 7112541 Capital credits received 221000 1693335 1693335 Contrib. in aid of const. 221000 5196561 5196561 Elec. sale/distribution 221000 185898117 185898117 Southport O&M contract 221000 2621787 2621787 Sunny Point O&M contract 221000 869566 869566 196279366 1489955 1489955 0 0 118788 109803 92961 25827 109803 135630 18200 7627 109803 10666 30107 -19441 -19441 -19441 0 0 0 Common Costs Allocation 40340 40340 Loan servicing fees 221000 146606 146606 Other nonoperating rev 221000 -22128 -20688 -1440 164818 205162869 196276878 193133 1580317 X 216709 12500 0 13227991 3499545 0 14914234 2111549 1284648 1386104 0 113863 0 0 0 0 0 0 0 0 0 0 3552005 0 392307 8720776 0 18650940 0 Cost of power 113377241 Administrative and general 7553967 2020 FEMA Reimbursed Costs 7112541 Distribution operations 5132461 963289 202222670 0 0 0 2025 2025 12674976 12478806 0 34501280 28969219 0 0 3678999 3106552 8315158 9037187 11758148 8036426 551670280 208447068 330494741 343223212 9385976 10490774 2103340 1975210 40972934 50516918 0 0 453887577 467836329 20813720 22573115 208372688 213461260 5692353 3973720 49910733 47567051 284789494 287575146 X 169098083 180261183 169098083 180261183 453887577 467836329 X 2940199 8222901 X false true X true true true 551670280 208447068 343223212 343223212 50516918 Accrued annual leave 8900724 Capital Lease 1012843 Consumer deposits 3399369 Deferred credits 6005382 Economic development grant 1000000 Other postretirement benefits 27248733 47567051 X 193735243 3888900 3888900 189846343 15316526 15316526 205162869 178874714 178874714 23347956 23347956 202222670 Part X : FIN48 Footnote Note A to the Financial Statements: Income Taxes.The Corporation has been granted exemption from income tax under Internal Revenue Service Code Section 501(c)(12) of the Internal Revenue Code. The Corporation evaluates components of the annual test for compliance to maintain its filing status as a tax exempt entity. In accordance with Accounting Standards Codification (ASC) 740 for uncertain tax positions, the Corporation had determined that it is more likely than not that their tax positions will be sustained upon examination by the Internal Revenue Service. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Noncash patronage not revenue per IRS $3888900 Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S CIAC not revenue per GAAP $5196561 Nonoperating items netted on F/S $3007424 FEMA Reclassification $7112541 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Nonoperating items netted on F/S $3007424 Patronage div. paid to members' accts $13227991 FEMA reclassificaton $7112541 true Brunswick Family Assistance PO Box 333 Supply NC 28462 561309961 35000 0 Assistance for electric bills Columbus County Dept of Aging PO Box 1327 Whiteville NC 28472 566000289 35000 0 Assistance for electric bills 2 0 College scholarships 2 12500 Grantmaker's Description of How Grants are Used Brunswick Family Assistance and the Columbus County Department of Aging are government agencies. Any "monitoring" of the use of the proceeds could be viewed as an inappropriate invasion of the ultimate recipients' privacy; therefore, Brunswick EMC does not investigate the use of these funds (the identity of the ultimate recipients) once the funds are disbursed to the government agencies. X X X X X false false false Alice Ashe HR Director 158182 3178 2979 32614 196953 Arthur Owens Super Cont Con/Sub 171822 3405 3197 32614 211038 Corey Thurlow COO 252763 5113 80518 12350 350744 Dana Mauldin Dir. Corp Safety / Loss Contr 202894 3484 3267 32614 242259 David Adams Mgr. Infor. Syst. 176746 3577 3364 32614 216301 David Reel VP Technology 211759 4299 27599 32614 276271 Ervin Etheridge Super. Dist / CC 157214 3131 2946 32614 195905 Hector Batchelor Director of Procurement 164800 3925 34295 32614 235634 James D Green Mgr Customer Svc 195055 3765 3674 12350 214844 James T Tippett Manager, Operations 176733 3451 3258 32614 216056 John Johnson Manager, Operations 175707 3504 3293 32614 215118 John R Coleman Manager, Operations 180656 4431 3309 32614 221010 Joshua Winslow CEO / Gen Mgr. 328558 112025 32614 473197 Lewis Shaw VP Oper. & Eng. 265347 5221 96481 32614 399663 Lisa Fitzgerald VP Finance 175465 3582 38732 32614 250393 Paul Gore Super. Dist / CC 162735 3085 30128 32614 228562 Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: Operation, maintenance and construction of electric distribution lines for (1) the Military Ocean Terminal Sunny Point, under the terms of a long-term contract with the United States Government, and (2) the City of Southport, NC. OTHER PROGRAM SERVICES 5: Capital credits received from suppliers for the furtherance of the distribution of electricity to members. Expenses on Form 990 = $0. Revenue on Form 990 = $1,693,335. OTHER PROGRAM SERVICES 6: Other non-operating reveune including Investment income and other miscellaneous reveune totaling $1,770,962 Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Each director of Brunswick Electric Membership Corporation has a business relationship with all other directors of Brunswick Electric Membership Corporation, in their capacities as directors of Rural Consumer Services Corporation. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The Corporation is an electric cooperative that distributes electricity to its members. Membership is available to any individual or business that desires electric service within the Corporation's assigned service territory. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body All members of the governing body (the Directors) of the Corporation are elected by the general membership of the cooperative at the Corporation's annual membership meeting. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders All decisions made by the governing body of the Corporation are ratified by the general membership of the cooperative at the Corporation's annual membership meeting. Form 990, Part VI, Line 11b: Form 990 Review Process Prior to filing, the Form 990 is presented to the full Board of Directors, at a regularly scheduled meeting, by the CEO and VP of Finance. The Board authorizes the CEO to sign and file the return. In addition, at various meetings throughout the year, the Board receives training regarding the elements of the Form 990 by the Corporation's tax consultant and special outside legal counsel. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Officers, directors, and key employees are required to disclose interests that could give rise to conflicts at the beginning of each regularly scheduled monthly meeting of the Board of Directors. In addition, officers, directors and key employees are required to sign an annual statement disclosing any such interests. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management CEO compensation is determined by the Board of Directors of the Corporation after (1) review by the Compensation Committee of the Board of Directors, (2) comparisons with compensation surveys, (3) consultation with outside professionals, and (4) review of any other pertinent data. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Compensation of officers and key employees is determined by the CEO after (1) consultation with the Director of Human Resources, (2) comparisons with compensation surveys, (3) consultation with outside professionals, and (4) review of other pertinent data. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available All governing documents and policies (including the conflict of interest policy) are available at the Corporate offices, upon request, in accordance with State and Federal statutes. Summary financial statements are provided free of charge to members at the annual membership meeting. Complete audited financial statements are available upon request, either paper or electronic, without charge. The Form 990 is available upon request, paper or electronic, without charge. The Form 990 is also available on-line at "guidestar.com", free of charge. Other Changes In Net Assets Or Fund Balances - Other Decreases Contributions in aid of construction not revenue per GAAP = -$5196561 Other Changes In Net Assets Or Fund Balances - Other Increases Noncash patronage capital allocations not revenue per IRS = $3888900 Other Changes In Net Assets Or Fund Balances - Other Decreases Other Comprehensive loss = -$2457688 Other Changes In Net Assets Or Fund Balances - Other Increases Patronage div. paid to members' accts not expense per GAAP = $13227991 Other Changes In Net Assets Or Fund Balances - Other Decreases Retirement of capital credits = -$1239741 Form 990, Part IX, Line 4 Benefits Paid To or For Members This amount represents patronage dividends paid to members' accounts in accordance with the pre-existing obligation in Section 9.02 of Brunswick 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. Accordingly, these amounts are now reported on line 4. Part 1 question 1 and Part III question 1 - Organization Mission The mission of Brunswick Electric Membership Corporation is to provide our cooperative membership with superior electric and consumer services through open communication, utilizing a highly-trained, efficient work force in conjunction with a knowledgeable and well-informed membership. Our primary goal is to distribute safe, affordable, reliable, and environmentally responsible electricity to our membership. Part IX, Line 17 Travel Per IRS instructions,the total travel costs on this line represent all transportation costs of the Corporation, including the expense of purchasing, leasing, operating and repairing over 100 vehicles owned by the Corporation. This includes all the line and service trucks used in the daily operations of the Corporation. These trucks log approximately 1,000,000 miles each year constructing and maintaining the electric plant of the Corporation. Rural Consumer Services Corporation PO BOX 826 SHALLOTTE NC 28459 561553250 ECONOMIC DEVELOPMENT NC 501 (C) 4 Brunswick Electric Membership Corp true SENC Energy LLC PO Box 826 SHALLOTTE NC 28459 474149471 Energy sales NC Brunswick EMC C Corp -95439 1339684 1.00000 true false false false false false false false false false true false false false true true false true false false Rural Consumer Services Corporation j 100588 Fully Dist Cost Rural Consumer Services Corporation o 44426 Fully Dist Cost Rural Consumer Services Corporation q 146606 Fully Dist Cost SENC Energy LLC n 1220 Fully Dist Cost SENC Energy LLC o 6752 Fully Dist Cost