2025-09-08T14:43:05-04:00 2024-12-31 541320089 ADAMS JENKINS & CHEATHAM 231 WYLDEROSE DR MIDLOTHIAN VA 23113 990 2024-01-01 560160075 BLUE RIDGE ELECTRIC MEMBERSHIP CORP BLUE 8287582383 P O BOX 112 LENOIR NC 28645 KATIE M WOODLE EXEC. VP & CEO 8287582383 2025-07-22 true true G STEVEN GILLIAM CPA P00348264 8043231313 2025-09-03 2024 2025-03-06 01:10:19Z KATIE M WOODLE PO BOX 112 LENOIR NC 28645 163413547 false X WWW.BLUERIDGEENERGY.COM X 1936 NC SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF BLUE RIDGE EMC 12 12 198 67711 599833 8188795 659298 146312463 155030795 -1552372 488697 9013899 5851275 161962785 162030065 30217 30798 10900476 11494812 28908536 32790556 0 0 115906139 114948501 155745368 159264667 6217417 2765398 493870204 522978047 293156188 316864718 200714016 206113329 SAFE AND EFFECTIVE DISTRIBUTION OF ELECTRICITY TO THE MEMBERS OF BLUE RIDGE EMC false false SAFE AND EFFECTIVE DELIVERY OF ELECTRICITY TO THE MEMBERS OF BLUE RIDGE EMC. THE THREE LARGEST PROGRAM SERVICES, AS MEASURED BY EXPENSES, ARE AS FOLLOWS: COST OF POWER: 73,546,702 OTHER SALARIES AND WAGES: 21,793,262 DEPRECIATION: 20,262,966 false false false false false false false false false true false false false true true false true 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 237 0 true 198 true true true false false false false 151495334 6255083 false true false X 12 12 false false false false true true true true true false false true true true true true true true true false NC X X THE CORPORATION 8287582383 P O BOX 112 LENOIR NC 28645 DOUGLAS W JOHNSON EXEC. VP & C 40.00 6.00 X 670446 296602 225043 ALAN MERCK SVP, COO 50.00 X 428028 0 145190 KATIE M WOODLE SVP, CFO 40.00 10.00 X 437421 0 59996 JULIE O'DELL SVP, CAO 40.00 8.00 X 335978 0 147351 MICHAEL HIGH DIR. ENG. SE 45.00 X 248367 0 163332 MIKEAL KINCAID DIR. OF OPER 45.00 X 231394 0 158501 TANNER GREER SVP CTO 46.00 2.00 X 298340 0 74139 JASON SMITH SVP & CCO 45.00 7.00 X 256667 0 64825 JASON LINGLE DIR. INNOVAT 45.00 2.00 X 257213 0 62853 CRYSTAL SPENCER VP CAO-ELECT 42.00 3.00 X 244976 0 48206 RENEE WALKER DIR. OF PUBL 40.00 2.00 X 192013 0 96048 RALPH SEAMON ENGINEERING 45.00 X 188023 0 70059 BRAD SHIELDS SVP & EXEC C 1.00 X 176944 0 74662 JOY COFFEY DIRECTOR X 48372 0 0 JAMES B LAWRENCE ASST. SEC-TR 7.00 0.15 X X 38453 0 0 JEFFREY B JOINES PRESIDENT 7.82 0.15 X X 37726 0 0 KELLY MELTON SEC. TREASUR 7.18 0.15 X X 36607 0 0 DAVID EGGERS DIRECTOR 7.01 0.15 X 36249 0 0 JOHNNY WISHON VICE PRESIDE 6.48 0.15 X X 13173 0 23000 CINDY PRICE DIRECTOR 10.88 0.15 X 34889 0 0 JAMES YOUNG DIRECTOR 8.78 0.15 X 31371 0 0 MITCH FRANKLIN DIRECTOR 5.36 0.15 X 30839 0 0 BRYAN EDWARDS DIRECTOR 4.26 0.15 X 30581 0 0 ANGIE MILLER DIRECTOR 4.22 0.15 X 29867 0 0 DAVID BOONE DIRECTOR 3.87 0.15 X 28533 0 0 TOM TREXLER DIRECTOR 1.97 0.15 X 26208 0 0 BRADLEY MCNEILL DIRECTOR X 10230 0 0 4398908 296602 1413205 120 true true false PIKE ELECTRIC LLC PO BOX 746308 ATLANTA GA 30374 CONSTRUCTION 4144388 JOHN LUCAS TREE EXPERT CO PO BOX 958 PORTLAND ME 04104 RIGHT OF WAY 4013794 XYLEM TREE EXPERTS 208 E PLUME ST NORFOLK VA 23510 RIGHT OF WAY 3844703 ASPLUNDH CONSTRUCTION LLC PO BOX 827464 PHILADELPHIA PA 19182 CONSTRUCTION 2306936 WA KENDALL AND COMPANY LLC PO BOX 831 LAWRENCEVILLE GA 30046 VEGETATION 2248333 68 659298 659298 SALE AND DIST. OF ELECT. 221000 151459936 151459936 CONT. IN AID OF CONST. 221000 2814828 2814828 PATRONAGE ALLOCATIONS REC 221000 756031 756031 155030795 455451 455451 799393 2675582 799393 220148 2455434 2455434 744334 25868 1685232 216040 182794 33246 33246 33246 217990 181147 36843 36843 INCOME FROM EQUITY INVEST 221000 3318600 3318600 HOME WARRANTY 221000 35398 35398 INTANGIBLE BENEFITS 221000 5000 5000 3358998 162030065 159129127 67711 2173929 X 30798 11494812 3937709 58602 21793262 4651089 378528 1971366 782762 3603672 359649 8448486 20262966 COST OF POWER 73546702 DISTRIBUTION MAINTENANCE 13333515 ADMINISTRATIVE AND GENERA 3038752 TAXES 2131758 -10559761 159264667 0 0 0 5249572 6532288 5897568 1036443 21636287 49699391 6848367 6081233 8453302 9376634 4946329 2312668 641830677 237771277 398986117 404059400 25776433 23595033 16044318 20253046 31911 31911 493870204 522978047 24206518 27713138 249476992 263085496 19472678 26066084 293156188 316864718 X 200714016 206113329 200714016 206113329 493870204 522978047 X 2765398 2633915 X false true X true true true 641830677 237771277 404059400 404059400 DEFERRED CREDITS 13592976 OTHER POSTRETIREMENT BENEFITS - MED 8332145 OTHER 2214914 CONSUMER DEPOSITS 1926049 26066084 X SCHEDULE D, PAGE 3, PART X PART X - FASB ASC 740 FOOTNOTE THE CORPORATION FOLLOWS THE GUIDANCE FOR "UNCERTAIN TAX POSITIONS" IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THE CORPORATION HAS DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT ITS TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. false BRE MEMBERS FOUNDATION PO BOX 112 LENOIR NC 28645 561793740 30798 CASH VALUE MGMT SUPPORT ENERGY ASSISTANCE SCHEDULE I, PAGE 1, PART I, LINE 2 THE BLUE RIDGE ELECTRIC MEMBERS FOUNDATION, INC. (THE FOUNDATION), ADMINISTERS TWO TYPES OF FUNDS. GRANTS ARE ISSUED TO ORGANIZATIONS WHOM APPLY FOR GRANT FUNDS TO ACCOMPLISH STRATEGIC PROJECTS. THERE IS AN INDEPENDENT GROUP THAT REVIEWS THE APPLICATIONS AND RECOMMENDS ORGANIZATIONS; THE BOARD OF DIRECTORS APPROVES / DENIES THE RECOMMENDATIONS. THE OTHER FUNDS ARE USED FOR BOTH ELECTRIC BILL ASSISTANCE AND HEATING FUELS ASSISTANCE. THE FOUNDATION PROVIDES GUIDELINES AS TO THE AMOUNT OF ASSISTANCE ELIGIBLE AND HOW OFTEN A MEMBER CAN BE GIVEN ASSISTANCE. THE LOCAL DEPARTMENT OF SOCIAL SERVICES DOES THE QUALIFYING AND GRANTING OF THESE ASSISTANCE DOLLARS. THE FOUNDATION ALSO HAS A FINANCIAL AUDIT DONE EACH YEAR BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM. X X X X X X false true false DOUGLAS W JOHNSON EXEC. VP & CEO 483500 75300 174205 219854 12741 1448 81325 125000 18718 770489 421602 ALAN MERCK SVP, COO 334800 85178 8050 119592 25598 573218 KATIE M WOODLE SVP, CFO 306800 81557 49064 36351 23645 497417 JULIE O'DELL SVP, CAO 275200 63452 -2674 131851 15500 483329 MICHAEL HIGH DIR. ENG. SERV. 241355 20040 -13028 139698 23634 411699 MIKEAL KINCAID DIR. OF OPERATIONS 222813 17597 -9016 139819 18682 389895 TANNER GREER SVP CTO 265900 45090 -12650 49446 24693 372479 JASON SMITH SVP & CCO 223600 46665 -13598 39982 24843 321492 JASON LINGLE DIR. INNOVATION ES 216925 34876 5412 49900 12953 320066 CRYSTAL SPENCER VP CAO-ELECT 218617 34876 -8517 29582 18624 293182 RENEE WALKER DIR. OF PUBLIC REL. 179534 14796 -2317 85860 10188 288061 RALPH SEAMON ENGINEERING MANAGER 175723 14226 -1926 51435 18624 258082 BRAD SHIELDS SVP & EXEC CONS 7738 145023 24183 73782 880 251606 JOY COFFEY DIRECTOR 48372 48372 BRADLEY MCNEILL DIRECTOR 10230 10230 SCHEDULE J, PART III PART I, LINE 4 - SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS DIRECTORS HAVE THE OPTION OF PARTICIPATING IN A 457(B) NON-QUALIFIED DEFERRED COMPENSATION (NQDC) PLAN. THE COOP DID NOT MAKE ANY CONTRIBUTIONS TO THIS PLAN DURING THE CURRENT YEAR. THE FOLLOWING INDIVIDUAL PARTICIPATED IN THE 457(B) PLAN DURING THE CURRENT YEAR: JOHNNY WISHON 23,000. AMOUNT WAS INCLUDED ON FORM 990 PART VII COLUMN F. THE FOLLOWING INDIVIDUAL PARTICIPATED IN A 409 (A) NQDC AND HAD THE FOLLOWING CONTRIBUTION TO THE PLAN DURING THE CURRENT YEAR THAT HAS BEEN INCLUDED ON SCHEDULE J PART II COLUMN B (III): DOUGLAS W. JOHNSON 125,000 (BLUE RIDGE ENERGIES, LLC). SCHEDULE J PART II B (COLUMNS I-III) REPRESENT INFORMATION FOR CALCULATING W2 BOX 5 EARNINGS. COLUMNS C AND D REPRESENT NON CASH EARNINGS RELATED TO CORPORATION PROVIDED BENEFITS. COLUMN E IS A TOTAL OF ALL COLUMNS AND REPRESENTS TOTAL REWARDS PROVIDED TO EMPLOYEES. SCHEDULE J PART II BREAKDOWN OF W-2 COMPENSATION COLUMN III OTHER REPORTABLE COMPENSATION: THE NEGATIVE AMOUNTS IN THIS COLUMN ARE INCLUDED AS PART OF THE TOTAL COMPENSATION IN COLUMN B(I) AND B(II) AND REPRESENT PRE-TAX DEDUCTIONS (SECTION 125) TO ARRIVE AT W-2 BOX 5 WAGES. SCHEDULE J PART II BASE COMPENSATION, BONUS AND INCENTIVE COMPENSATION FROM RELATED ORGANIZATIONS ARE NOT INCLUDED IN THE MEMBERS' ELECTRIC RATES. THE FOLLOWING AMOUNTS WERE INCLUDED IN BASE AND BONUS COMPENSATION FROM RELATED ORGANIZATIONS AS PART OF SCHEDULE J: THE FOLLOWING AMOUNTS INCLUDED IN REPORTABLE COMPENSATION IN PART VII SECTION A AND SCHEDULE J PART II B WERE ALLOCATED TO BR ENERGIES, LLC: KATIE WOODLE 48,860 JULIE O'DELL 43,360 TANNER GREER 19,943 JASON LINGLE 10,285 CRYSTAL SPENCER 14,801 RENEE WALKER 8,725 THE FOLLOWING AMOUNTS INCLUDED IN REPORTABLE COMPENSATION IN PART VII SECTION A AND SCHEDULE J PART II B(I) WERE ALLOCATED TO RIDGELINK LLC: DOUGLAS W. JOHNSON 94,836 BRADFORD SHIELDS 88,695 KATIE WOODLE 52,707 JULIE O'DELL 21,680 JASON SMITH 127,925 FORM 990 990 PART VII SECTION A COLUMN F THE CORPORATION 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 CONTRIBUTION RATE FOR PARTICIPANTS IN THE PLAN IS THE SAME FOR ALL INDIVIDUALS IN THE PLAN. THE CHANGE IN ACTUARIAL VALUE FOR EACH PARTICIPANT, HOWEVER, VARIES WITH AGE. FORM 990, PART IX, LINE 4 BENEFITS PAID TO OR FOR MEMEBRS PATRONAGE DIVIDENDS ARE PAID TO MEMBERS' ACCOUNTS IN ACCORDANCE WITH THE PRE-EXISTING OBLIGATION IN THE 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 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 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. 990 PART IX LINE 24 E ALL OTHER EXPENSES THE CORPORATION FOLLOWS THE UNIFORM SYSTEM OF ACCOUNTS (USOA) AS SET FORTH IN 7 CFR PART 1767, ACCOUNTING REQUIREMENTS FOR RURAL DEVELOPMENT ELECTRIC BORROWERS. BASED ON THE REQUIREMENTS OF THE USOA, CERTAIN EXPENSES REQUIRED TO BE REPORTED ON FORM 990 PART IX HAVE BEEN ALLOCATED OR CAPITALIZED AS PART OF THE NET UTILITY PLANT. AS A RESULT OF GROSSING UP EXPENSES TO COMPLY WITH THE TAX REPORTING REQUIREMENTS OF THIS SECTION, CERTAIN EXPENSES THAT HAVE BEEN CAPITALIZED ARE REPORTED AS PART OF LINE 24(E) "CAPITALIZED EXPENSES- AND REFLECTED AS CREDIT BALANCES. ON 04/01/2025 KATIE WOODLE TOOK OVER AS THE CEO OF BLUE RIDGE EMC. KATIE WILL BE THE SIGNER OF THE 2024 TAX RETURN. FORM 990, PAGE 6, PART VI, LINE 6 THE MEMBERS OF THE CORPORATION ELECT THE MEMBERS OF THE BOARD OF DIRECTORS THAT GOVERN THE AFFAIRS OF THE CORPORATION. EACH DIRECTOR SHALL HAVE ONE VOTE IN ALL BOARD MATTERS, AND DECISIONS SHALL BE BASED ON THE VOTE OF A MAJORITY OF THE BOARD MEMBERS PRESENT AT ANY MEETING HAVING A QUORUM OF THE BOARD. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS OF THE CORPORATION ELECT THE MEMBERS OF THE BOARD OF DIRECTORS THAT GOVERN THE AFFAIRS OF THE CORPORATION. THE BOARD OF DIRECTORS MEET MONTHLY WITH MANAGEMENT IN ADDITION TO OTHER COMMITTEE MEETINGS. IN ADDITION, THERE IS ONE ANNUAL MEMBERSHIP MEETING. 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 THE BY-LAWS. FORM 990, PAGE 6, PART VI, LINE 11B THE CFO AND MANAGEMENT REVIEW A DRAFT OF THE 990 WITH THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C THE GOVERNING BOARD OF DIRECTORS ALONG WITH MEMBERS OF MANAGEMENT COMPLETE ANNUAL CONFLICT OF INTEREST STATEMENTS. FORM 990, PAGE 6, PART VI, LINE 15A THE COOPERATIVE UTILIZES AN INDEPENDENT COMPENSATION PROFESSIONAL TO REVIEW MARKET TRENDS AND CONDUCT AN ANALYSIS OF COMPENSATION FOR THE CEO. THE BOARD CONDUCTS AN ANNUAL PERFORMANCE REVIEW OF THE CEO AND SETS THE COMPENSATION PACKAGE ASSOCIATED WITH THIS POSITION. FORM 990, PAGE 6, PART VI, LINE 15B THE COOPERATIVE UTILIZES AN INDEPENDENT COMPENSATION PROFESSIONAL TO REVIEW MARKET TRENDS AND CONDUCT AN ANALYSIS OF COMPENSATION FOR OFFICERS. THE COMPENSATION COMMITTEE OF THE BOARD RECEIVES THE REPORT OF THE INDEPENDENT COMPENSATION PROFESSIONAL. THE CEO PROPOSES AND PRESENTS THE COMPENSATION PACKETS OF THESE OFFICERS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST. THE ANNUAL REPORT, BYLAWS AND OTHER GOVERNING DOCUMENTS ARE AVAILABLE ON THE CORPORATION'S WEBSITE. IN ADDITION, FINANCIAL DATA IS PRESENTED TO THE MEMBERS AT THE ANNUAL MEETING AND ALSO INCLUDED IN THE 990 WHICH IS AVAILABLE ON THE WEBSITE. FORM 990, PART XI, LINE 9 NON-CASH PATRONAGE ALLOCATIONS NOT REVENUE PER IRS 708,728 PATRONAGE DIV. PAID TO MEMBERS' ACCTS. 11,494,812 CONTRIBUTIONS IN AID OF CONSTRUCTION -3,474,126 NET RETIREMENT OF CAPITAL CREDITS -5,997,783 AOCI ADJUSTMENT -94,266 NET CHANGE IN MEMBERSHIPS -3,450 TOTAL 2,633,915 THE BLUE RIDGE ENERGY MEMBERS FOUND PO BOX 112 LENOIR NC 28645 561793740 NEEDY FAM NC 501C3 7 BREMC true RIDGELINK LLC 1216 BLOWING ROCK BLVD LENOIR NC 28645 263648319 TELECOMM NC BREMC C CORP 298389 17606312 1.00000 true BLUE RIDGE ENERGIES LLC 1216 BLOWING ROCK BLVD LENOIR NC 28645 562100909 FUEL NC BREMC C CORP 3020211 34337540 1.00000 true true true false false false false false false false false false false false false true true true false false THE BLUE RIDGE ENERGY MEMBERS FOUND B 30798 FMV RIDGELINK LLC A 440786 FMV = COST RIDGELINK LLC O 462472 COST RIDGELINK LLC Q 1671716 COST BLUE RIDGE ENERGIES LLC A 358607 FMV = COST BLUE RIDGE ENERGIES LLC O 807331 COST BLUE RIDGE ENERGIES LLC P 203903 COST BLUE RIDGE ENERGIES LLC Q 568883 COST