2025-08-29T11:33:00-04:00 2024-12-31 541320089 ADAMS JENKINS & CHEATHAM 231 WYLDEROSE DR MIDLOTHIAN VA 23113 990 2024-01-01 560435549 UNION ELECTRIC MEMBERSHIP CORP UNIO 7042893145 PO BOX 5014 MONROE NC 281115014 THERESA BLACKWELL VP FIN & ACCTG 7042893145 2025-07-20 true true G STEVEN GILLIAM CPA P00348264 8043231313 2025-08-28 2024 2025-03-06 01:10:19Z UNION POWER COOPERATIVE GREGORY S ANDRESS PO BOX 5014 MONROE NC 281115014 204977636 false X WWW.UNION-POWER.COM X 1939 NC TO ENHANCE THE QUALITY OF LIFE OF OUR MEMBERS AND THE COMMUNITIES WE SERVE BY DELIVERING ON OUR PROMISE TO PROVIDE SAFE, RELIABLE ELECTRIC POWER AND ENERGY SERVICES WITH EXCEPTIONAL VALUE. 9 9 143 0 0 179777646 201746612 2107299 2747868 1367885 366747 183252830 204861227 20264 38189 12278323 13290373 19120558 21257125 0 0 151972377 169043611 183391522 203629298 -138692 1231929 493152133 511952330 276870664 283642546 216281469 228309784 TO ENHANCE THE QUALITY OF LIFE OF OUR MEMBERS AND THE COMMUNITIES WE SERVE BY DELIVERING ON OUR PROMISE TO PROVIDE SAFE, RELIABLE ELECTRIC POWER AND ENERGY SERVICES WITH EXCEPTIONAL VALUE. false false SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF UNION EMC. THE CORPORATION'S THREE LARGEST PROGRAM SERVICES, AS MEASURED BY EXPENSES ARE AS FOLLOWS: COST OF POWER 127,799,254 DEPRECIATION EXPENSE 16,075,105 SALARIES 14,448,154 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 true false true false false false false false false false false false false false true false false true 54 0 true 143 true false false false false false 199608363 5002526 false false false X 9 9 false false false false true true true true true false false false true true true true true true true false X X THE CORPORATION 7042893145 1525 N ROCKY RIVER ROAD MONROE NC 28110 X GREGORY S ANDRESS EVP VP & GEN 40.00 X 785112 0 383851 DAVID GROSS VP ENG & OPE 40.00 X 371017 0 154895 THERESA BLACKWELL VP FIN & ACC 40.00 X 362104 0 153657 WAYNE HATHCOCK MGR OF ENG 40.00 X 222898 0 118433 CARRIE STROUD VP COMMS & M 40.00 X 216568 0 122232 JEREMY BLACK VP INFO SERV 40.00 X 241203 0 97185 LONNIE KIRKLEY MGR OPERATIO 40.00 X 215051 0 32810 JAMES MURPHY MGR FINANCE 40.00 X 186248 0 32781 DENT H TURNER PRESIDENT 5.00 X X 20977 0 0 WINNIE HONEYCUTT DIRECTOR 4.00 X 19177 0 0 DAVID G HYATT VICE PRESIDE 3.00 X X 17077 0 0 GARY BOSTIAN DIRECTOR 3.00 X 15877 0 0 TOM J CAUDLE DIRECTOR 2.00 X 15877 0 0 DAVID E SMITH DIRECTOR 2.00 X 15877 0 0 SUE THREATT ASST. SEC/TR 2.00 X X 15877 0 0 THOMAS E PORTER JR DIRECTOR 2.00 X 15277 0 0 SHERISE JONES SEC-TREAS 2.00 X X 15003 0 0 2751220 1095844 68 false true false XYLEM TREE EXPERTS 208 E PLUME STREET SUITE 250 NORFOLK VA 23510 ROW MAINTENANCE 3360224 PIKE ELECTRIC LLC PO BOX 746308 ATLANTA GA 30374 CONSTRUCTION 2559532 MERIDAN COOPERATIVE 100 ASHFORD CENTER NORTH SUITE 500 ATLANTA GA 30338 SOFTWARE 1828103 TRULLS POWERLINE CO INC 3135 OLA COURT SHELBY NC 28150 CONSTRUCTION 1679001 DAVIS H ELLIOT CO INC PO BOX 1218 LEXINGTON KY 40509 CONSTRUCTION 1404440 21 SALE OF ELECTRICITY 221000 199608363 199608363 CIAC 900099 1754396 1754396 PATRONAGE ALLOC. RECEIVED 900099 383853 383853 201746612 2642148 2642148 423424 423424 423424 423424 222129 116409 105720 105720 105720 LOSS ON EQUITY INVESTMENT 811000 -56677 -56677 -56677 204861227 201689935 3171292 X 38189 13290373 2361653 14448154 2899382 270625 1277311 88123 2607981 415628 8050761 16075105 COST OF POWER 127799254 DISTR EXP - MAINT 10503352 DISTR EXP - OPERATION 3720801 ADMIN AND GENERAL 2534048 -2751442 203629298 0 0 0 11694276 17371949 34022307 30024247 22026560 24442659 94589 53746 3398325 3403765 2828390 1718099 547743832 179739405 355903762 368004427 16605615 16548172 46132454 49651022 445855 734244 493152133 511952330 18688063 26009512 244675102 248701284 517083 733906 12990416 8197844 276870664 283642546 X 216281469 228309784 216281469 228309784 493152133 511952330 X 1231929 10796386 X false true X true false 547743832 179739405 368004427 368004427 PATRONAGE CERTIFICATES 48483231 C CAPITAL CERTIFICATES 1165791 C OTHER 2000 C 49651022 OTHER POSTRETIREMENT BENEFITS 4061906 CONSUMER DEPOSITS 2859260 DEFERRED CREDITS 1276678 8197844 206689818 206689818 -1828591 -1828591 204861227 190338925 190338925 13290373 13290373 203629298 SCHEDULE D, PAGE 4, PART XI, LINE 4B CONTRIBUTIONS IN AID OF CONSTRUCTION 1,754,396 PATRONAGE ALLOCATIONS -3,582,987 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE DIVIDENDS 13,290,373 false LEE PARK BAPTIST CHURCH 2505 MORGAN MILL ROAD MONROE NC 28110 561372065 501C3 6000 GENERAL SUPPORT UNION POWER CHARITABLE FOUNDATION PO BOX 5014 MONROE NC 28111 882652800 501C3 10930 GENERAL SUPPORT X X X X false true false GREGORY S ANDRESS EVP VP & GEN MGR 785112 351256 32595 1168963 DAVID GROSS VP ENG & OPER 336492 34525 122300 32595 525912 THERESA BLACKWELL VP FIN & ACCTG 328504 33600 121062 32595 515761 WAYNE HATHCOCK MGR OF ENG 211677 11221 85838 32595 341331 CARRIE STROUD VP COMMS & MARKETING 203991 12577 89637 32595 338800 JEREMY BLACK VP INFO SERVICES 228024 13179 64590 32595 338388 LONNIE KIRKLEY MGR OPERATIONS 203950 11101 215 32595 247861 JAMES MURPHY MGR FINANCE & ACCT. 169010 17238 186 32595 219029 SCHEDULE J, PAGE 1, PART I, LINE 4 GREGORY S. ANDRESS 0 22,490 0 DAVID GROSS 0 22,490 0 FORM 990 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 UNION 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. 990 PART IX LINE 17 TRAVEL: PER IRS INSTRUCTIONS THE TOTAL TRAVEL COSTS REPORTED ON THIS LINE REPRESENT ALL TRANSPORTATION COSTS OF THE CORPORATION, INCLUDING THE EXPENSE OF PURCHASING, LEASING, OPERATING, AND REPAIRING ALL VEHICLES OWNED BY THE CORPORATION. THIS INCLUDES ALL THE LINE AND SERVICE TRUCKS USED IN THE DAILY OPERATIONS OF THE CORPORATION. FORM 990, PAGE 6, PART VI, LINE 6 UNION 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 IS THE GOVERNING BODY OF THE COOPERATIVE. FORM 990, PAGE 6, PART VI, LINE 7A ALL MEMBERS OF THE UNION ELECTRIC MEMBERSHIP CORPORATION RECEIVE ONE VOTE WITH RESPECT TO SELECTING THE COOPERATIVE'S BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERS AS PROVIDED FOR IN ITS BYLAWS. FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE VICE PRESIDENT AND GENERAL MANAGER INFORM THE BOARD THAT THE 990 HAS BEEN COMPLETED AND THAT THERE ARE COPIES AVAILABLE IF THEY WOULD LIKE TO REVIEW THE FORM. A COPY OF THE 990 IS ALSO AVAILABLE ON THE COOPERATIVE'S WEBSITE. FORM 990, PAGE 6, PART VI, LINE 12C ALL DIRECTORS, OR TRUSTEES, AND OFFICERS ARE REQUIRED TO COMPLETE A QUESTIONNAIRE ON AN ANNUAL BASIS WHICH COMPELS DISCLOSURE. ALL OFFICERS, KEY EMPLOYEES, AND ALL OTHER EMPLOYEES ARE NOTIFIED ON AN ANNUAL BASIS, BY REFERENCE TO THE POLICY, WITH THE INTENT TO COMPEL DISCLOSURE. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE COMMITTEE OF THE GOVERNING BODY HIRES AN INDEPENDENT COMPENSATION CONSULTANT TO CONDUCT A COMPENSATION STUDY, CONDUCTS A PERFORMANCE REVIEW, AND RECOMMENDS COMPENSATION TO THE ENTIRE GOVERNING BODY WHICH APPROVES THE COMPENSATION FOR THE EXECUTIVE VP AND GM. FORM 990, PAGE 6, PART VI, LINE 15B THE EXECUTIVE VP AND GM ENSURES THE WAGE AND SALARY PLAN, AS APPROVED BY THE BOARD OF DIRECTORS, IS CARRIED OUT WITHIN THE TERMS OF THE PLAN, WITHIN BUDGET CONSTRAINTS, AND BASED ON THE RESULTS OF THE INDIVIDUAL'S PERFORMANCE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST. FINANCIAL DATA IS PRESENTED TO THE MEMBERS PRIOR TO THE ANNUAL MEETING AND ALSO INCLUDED IN THE 990 WHICH IS ALSO AVAILABLE UPON REQUEST. THE 990 IS ALSO AVAILABLE ON THE COOPERATIVE'S WEBSITE. FORM 990, PART VII 990 PART VII SECTION A COLUMN F: THE COOPERATIVE PARTICIPATES IN THE NRECA GROUP DEFINED PENSION PLAN. AS PART OF THIS PLAN, PARTICIPANTS ARE REQUIRED TO RECOGNIZE THE ACTUARIAL INCREASE IN THE VALUE OF THEIR ACCOUNT ON THE FORM 990. THE CHANGE IN ACTUARIAL VALUE FOR EACH PARTICIPANT; HOWEVER, VARIES WITH AGE. IN OTHER WORDS, THE OLDER A PARTICIPANT IS, THE GREATER THE INCREASE IN THAT INDIVIDUAL'S CHANGE IN ACTUARIAL VALUE, WITH ALL OTHER THINGS BEING EQUAL. THE FOLLOWING ACTUARIAL INCREASES HAVE BEEN INCLUDED IN COLUMN F: GREGORY ANDRESS 350,911 DAVID GROSS 121,955 THERESA BLACKWELL 120,717 CARRIE STROUD 89,420 WAYNE HATHCOCK 85,615 JEREMY BLACK 64,349 THESE ACTUARIAL INCREASES DO NOT REPRESENT ACTUAL CASH RECEIVED, BUT RATHER AN UNREALIZED ACTUARIAL INCREASE IN RETIREMENT ACCOUNTS THAT IS REQUIRED TO BE REPORTED ON THE FORM 990. FORM 990, PART XI, LINE 9 NONCASH PATRONAGE ALLOCATIONS NOT REV PER IRS 3,582,987 PATRONAGE DIV PAID TO MEMBERS' ACCTS NOT EXPENSE 13,290,373 OTHER COMPREHENSIVE INCOME 190,272 CIAC NOT REVENUE PER GAAP -1,754,396 RETIREMENT OF CAPITAL CREDITS -4,512,850 TOTAL 10,796,386 UNION POWER CHARITABLE FOUNDATION PO BOX 5014 MONROE NC 28111 882652800 CHARITY NC 501C3 7 UNION false false true false false false false false false false false false false false false false false false false false UNION POWER CHARITABLE FOUNDATION B 10930 COST