ENERGYUNITED ELECTRIC MEMBERSHIP CORPORATION: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- ENERGYUNITED ELECTRIC MEMBERSHIP CORPORATION (EIN 56-2097218)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-07-26
- IRS object ID
- 201822829349301437
- Schema version
- 2017v2.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-07-26T18:38:22-04:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562097218 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENERGYUNITED ELECTRIC MEMBERSHIP CO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ENER | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1831 | AddressLine1Txt |
| City | Statesville | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28687 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | alec M natt | PersonNm |
| Person Title | CHIEF FINANCIAL | PersonTitleTxt |
| Phone | 7048785153 | PhoneNum |
| Signature | 2018-07-30 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENERGYUNITED ELECTRIC MEMBERSH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $270,999,680 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.ENERGYUNITED.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | PROVIDE ELECTRICAL SERVICE TO MEMBERS | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 207 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $273,566,462 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $263,595,339 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,227,977 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,423,043 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,874,039 | PYOtherRevenueAmt |
| CY Other Revenue | $3,981,298 | CYOtherRevenueAmt |
| PY Total Revenue | $280,668,478 | PYTotalRevenueAmt |
| CY Total Revenue | $270,999,680 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $3,809,412 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $3,816,190 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $13,258,217 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $15,222,954 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $258,204,408 | PYOtherExpensesAmt |
| CY Other Expenses | $249,324,507 | CYOtherExpensesAmt |
| PY Total Expenses | $275,272,037 | PYTotalExpensesAmt |
| CY Total Expenses | $268,363,651 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,396,441 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,636,029 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $460,821,509 | TotalAssetsBOYAmt |
| Total Assets EOY | $454,632,776 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $271,269,641 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $268,002,173 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $189,551,868 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $186,630,603 | NetAssetsOrFundBalancesEOYAmt |
| Mission | PROVIDE ELECTRICAL SERVICE TO MEMBERS | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $268,363,651 | ExpenseAmt |
| Desc | PROVIDE ELECTRICAL SERVICE TO MEMBERS | Desc |
| Total Program Service Expenses | $268,363,651 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 95 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 207 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (true) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (true) | NondeductibleContriDisclInd |
| Members And Shr Gross Income | $263,595,339 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $7,404,341 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALEC NATT | PersonNm |
| Phone | 7048785153 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1831 | AddressLine1Txt |
| City | Statesville | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 286871831 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| W MAX WALSER | |||||||||
| PRESIDENT | 7.00 | 0.00 | Yes (X) | Yes (X) | $32,114 | $0 | $0 | ||
| C EDGAR CARTNER | |||||||||
| VICE PRESIDENT | 3.00 | 0.00 | Yes (X) | Yes (X) | $16,335 | $0 | $0 | ||
| JEANETTE OVERBY | |||||||||
| SECRETARY | 4.00 | 0.00 | Yes (X) | Yes (X) | $21,573 | $0 | $0 | ||
| RONNIE S HARRISON | |||||||||
| TREASURER | 7.00 | 0.00 | Yes (X) | Yes (X) | $11,422 | $0 | $0 | ||
| JERRY W ANDERSON | |||||||||
| DIRECTOR | 4.00 | 0.00 | Yes (X) | $23,713 | $0 | $0 | |||
| N MACK SHOAF | |||||||||
| DIRECTOR | 4.00 | 0.00 | Yes (X) | $19,175 | $0 | $0 | |||
| B GLENN SMITH | |||||||||
| DIRECTOR | 3.00 | 0.00 | Yes (X) | $23,932 | $0 | $0 | |||
| ANN M ELLER | |||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $17,269 | $0 | $0 | |||
| BRIAN SISSON | |||||||||
| DIRECTOR | 5.00 | 0.00 | Yes (X) | $24,394 | $0 | $0 | |||
| HOWARD W WILKINS | |||||||||
| CEO | 40.00 | 0.00 | $467,232 | $0 | $26,051 | Yes (X) | |||
| ALEC NATT | |||||||||
| CFO | 40.00 | 0.00 | $224,982 | $0 | $34,650 | Yes (X) | |||
| KAHLEEN HART | |||||||||
| CIO | 40.00 | 0.00 | $217,628 | $0 | $30,132 | Yes (X) | |||
| PAMELA BRITT | |||||||||
| VP HUMAN RESOURCES | 40.00 | 0.00 | $170,645 | $0 | $28,278 | Yes (X) | |||
| TIM HOLDER | |||||||||
| VP CUSTOMER CARE SALES MARK | 40.00 | 0.00 | $201,968 | $0 | $32,679 | Yes (X) | |||
| DAVID MEISINGER | |||||||||
| VP POWER SUPPLY | 40.00 | 0.00 | $250,525 | $0 | $30,812 | Yes (X) | |||
| STEVE MCCACHERN | |||||||||
| DIRECTOR OF ENGINEERING | 40.00 | 0.00 | $134,921 | $0 | $76,145 | Yes (X) | |||
| MATT SHARPE | |||||||||
| DIRECTOR OF OPERATIONS | 40.00 | 0.00 | $131,155 | $0 | $55,448 | Yes (X) | |||
| DOUG WIKE | |||||||||
| DIRECTOR OF TECHNICAL SERVICE | 40.00 | 0.00 | $115,549 | $0 | $12,986 | Yes (X) | |||
| SANDY FAGAN | |||||||||
| LINEMAN | 40.00 | 0.00 | $147,631 | $0 | $56,988 | Yes (X) | |||
| EDDIE LILES | |||||||||
| SERVICE PERSON | 40.00 | 0.00 | $127,255 | $0 | $46,532 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,379,418 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $430,701 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ASPLUNDH TREE EXPERT CO | |||||
| PO BOX 532729 | Atlanta | GA | 303532729 | R-O-W CLEARING | $4,488,744 |
| PIKE ELECTRIC INC | |||||
| PO BOX 1000 DEPT 517 | Memphis | TN | 381480517 | ELEC PLANT CONSTRU | $2,110,676 |
| UTILITY LINES CONSTRUCTION | |||||
| 708 BLAIR MILL RD | Willow Grove | PA | 19090 | ELEC PLANT CONSTRU | $1,601,124 |
| SUMTER UTILITIES INC | |||||
| PO BOX 579 SUMTER SC 29151 | Atlanta | GA | 30342 | ELECTRIC PLANT CON | $1,175,533 |
| BELLWETHER MANAGEMENT | |||||
| PO BOX 2176 | Cornelius | NC | 28031 | METER READING | $621,437 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ELECTRIC SALES-MEMBERS | 221000 | $257,458,494 | $257,458,494 |
| FEES AND SERVICE CHARGE | 221000 | $5,008,794 | $5,008,794 |
| ELECTRIC SALES-NON MEMB | 221000 | $1,128,051 | $1,128,051 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $263,595,339 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,423,043 | TotalRevenueColumnAmt |
| Exclusion | $3,423,043 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INCOME FROM SUBSIDIARY | 221000 | $1,747,531 | $1,747,531 |
| PATRONAGE ALLOCATIONS | 221000 | $2,194,441 | $2,194,441 |
| OTHER | 221000 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $39,326 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $39,326 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,981,298 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $270,999,680 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $267,576,637 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,423,043 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,816,190 | TotalAmt |
| Program Services | $3,816,190 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,379,418 | TotalAmt |
| Program Services | $2,379,418 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,707,115 | TotalAmt |
| Program Services | $6,707,115 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,279,959 | TotalAmt |
| Program Services | $1,279,959 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,110,016 | TotalAmt |
| Program Services | $4,110,016 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $746,446 | TotalAmt |
| Program Services | $746,446 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,692,972 | TotalAmt |
| Program Services | $1,692,972 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,991 | TotalAmt |
| Program Services | $118,991 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,500 | TotalAmt |
| Program Services | $22,500 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,980,535 | TotalAmt |
| Program Services | $7,980,535 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $251,675 | TotalAmt |
| Program Services | $251,675 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,270,473 | TotalAmt |
| Program Services | $1,270,473 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $255,317 | TotalAmt |
| Program Services | $255,317 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $218,860 | TotalAmt |
| Program Services | $218,860 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,386,918 | TotalAmt |
| Program Services | $1,386,918 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,129 | TotalAmt |
| Program Services | $116,129 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,523,263 | TotalAmt |
| Program Services | $8,523,263 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,898,409 | TotalAmt |
| Program Services | $18,898,409 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $667,955 | TotalAmt |
| Program Services | $667,955 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| COST OF POWER | $202,383,729 | $202,383,729 |
| PROPERTYGROSS REC TAX | $2,239,790 | $2,239,790 |
| MAINT AND EXP | $1,570,226 | $1,570,226 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,726,765 | TotalAmt |
| Program Services | $1,726,765 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $268,363,651 | TotalAmt |
| Program Services | $268,363,651 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,713,006 | BOYAmt |
| EOY | $4,417,743 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,943,351 | BOYAmt |
| EOY | $28,989,263 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,132,500 | BOYAmt |
| EOY | $3,677,500 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,754,848 | BOYAmt |
| EOY | $4,875,112 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $591,374,985 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $216,833,426 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $369,979,096 | BOYAmt |
| EOY | $374,541,559 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,175,237 | BOYAmt |
| EOY | $11,960,249 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,484,080 | BOYAmt |
| EOY | $17,187,063 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,639,391 | BOYAmt |
| EOY | $8,984,287 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $460,821,509 | BOYAmt |
| EOY | $454,632,776 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,519,998 | BOYAmt |
| EOY | $27,918,347 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $195,230,847 | BOYAmt |
| EOY | $183,715,439 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,518,796 | BOYAmt |
| EOY | $56,368,387 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $271,269,641 | BOYAmt |
| EOY | $268,002,173 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $189,551,868 | BOYAmt |
| EOY | $186,630,603 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $189,551,868 | BOYAmt |
| EOY | $186,630,603 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $460,821,509 | BOYAmt |
| EOY | $454,632,776 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,636,029 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$5,557,294 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $573,549,986 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $17,824,999 | OtherCostOrOtherBasisAmt |
| Depreciation | $216,833,426 | DepreciationAmt |
| Book Value | $374,541,559 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $374,541,559 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | investments | Desc |
| Book Value | $11,960,249 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $11,960,249 | TotalBookValueSecuritiesAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | investments | Desc |
| Book Value | $17,187,063 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $17,187,063 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED CREDITS | $38,389,105 |
| ACCUM OBLIGATION FOR POSTRETIREMEN | $10,322,485 |
| CONSUMER DEPOSITS | $3,165,575 |
| OTHER NONCURRENT LIABILITIES | $4,491,222 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $56,368,387 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $270,999,680 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $270,999,680 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $270,999,680 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $264,547,461 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $264,547,461 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $3,816,190 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,816,190 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $268,363,651 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Other expenses included on Form 990 (Part XII, line 4b) | FormAndLineReferenceDesc |
| Explanation | OTHER BENEFITS TO MEMBERS $3,816,190 | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| HOWARD W WILKINS | |||||
| CEO | $425,326 | $41,906 | $14,170 | $11,881 | $493,283 |
| ALEC NATT | |||||
| CFO | $204,519 | $20,463 | $20,793 | $13,857 | $259,632 |
| KAHLEEN HART | |||||
| CIO | $198,124 | $19,504 | $19,928 | $10,204 | $247,760 |
| PAMELA BRITT | |||||
| VP HUMAN RESOURCES | $170,645 | $15,233 | $13,045 | $198,923 | |
| TIM HOLDER | |||||
| VP CUSTOMER CARE SALES MARKETING | $184,076 | $17,892 | $18,161 | $14,518 | $234,647 |
| STEVE MCCACHERN | |||||
| DIRECTOR OF ENGINEERING | $127,421 | $7,500 | $63,086 | $13,059 | $211,066 |
| MATT SHARPE | |||||
| DIRECTOR OF OPERATIONS | $123,655 | $7,500 | $46,298 | $9,150 | $186,603 |
| DAVID MEISINGER | |||||
| VP POWER SUPPLY | $227,988 | $22,537 | $22,580 | $8,232 | $281,337 |
| SANDY FAGAN | |||||
| LINEMAN | $142,539 | $5,092 | $48,408 | $8,580 | $204,619 |
| EDDIE LILES | |||||
| SERVICE PERSON | $122,968 | $4,287 | $33,689 | $12,843 | $173,787 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Member election for additional members Part VI line 7a | BOARD MEMBERS ARE ELECTED AT THE ANNUAL MEETING |
| Governing body decisions Part VI line 7b | BOARD OF DIRECTORS AND/OR STOCKHOLDERS |
| Form 990 governing body review Part VI line 11 | REVIEWED AT A REGULAR MEETING OF THE BOARD OF DIRECTORS |
| Conflict of interest policy compliance Part VI line 12c | EMPLOYEE MEETINGS AND EXCEPTION REPORTS |
| CEO executive director top management comp Part VI line 15a | USE OF SALARY SURVEYS AND COMPENSATION CONSULTANTS |
| Other officer or key employee compensation Part VI line 15b | USE OF EXTERNAL SALARY SURVEYS AND COMPENSATION CONSULTANTS |
| Governing documents etc available to public Part VI line 19 | DOCUMENTS ARE AVAILABLE TO PUBLIC |
| Explanation of other changes in net assets or fund balances Part XI line 9 | CHANGES IN DERIVATIVES-COMPREHENSIVE LOSS $5,567,679, CHANGES IN DONATED CAPITAL AND NEW MEMBERS $10,385 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|
| NATIONAL RURAL UTILITIES COOPE | |||||||
| 20701 COOPERATIVE WAY | Sterling | VA | 20166 | BANKING | VA | 501C4 | N/A |
| NC ELECTRIC MEMBERSHIP CORPORA | |||||||
| 3400 SUMNER BLVD | Raleigh | NC | 27616 | WHOLESALE ENERGY | NC | 501C12 | N/A |
| TARHEEL ELECTRIC MEMBERSHIP CO | |||||||
| 3400 SUMNER BLVD | Raleigh | NC | 27616 | WAREHOUSING | NC | 501C12 | N/A |
| COBANK | |||||||
| 900 CIRCLE 75 PARKWAY | Atlanta | GA | 30339 | BANKING | CO | 501C12 | N/A |
| FEDERAL RURAL ELECTRIC INSURAN | |||||||
| 11785 W 85TH ST | Lenexa | KS | 66285 | INSURANCE | KS | 501C12 | N/A |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ENERGYUNITED SERVICES CORPORAT | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1831 | AddressLine1Txt |
| City | Statesville | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28687 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | ENERGY SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | C Corp | EntityTypeTxt |
| Ownership | 1.00000 | OwnershipPct |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | Yes (true) | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | Yes (true) | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt |
|---|---|
| NATIONAL RURAL UTIL COOP FIN COOP | |
| ai | $129,033 |
| NCEMC | |
| h | $31,428,165 |
| TARHEEL ELEC MEMBERSHIP CORP | |
| h | $8,545,765 |
| FEDERATED RURAL ELECTRIC INSURANCE | |
| h | $991,865 |
| COBANK | |
| ai | $1,061,474 |