2017-10-10T10:49:47-04:00 2016-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2016-01-01 560358446 PIEDMONT ELECTRIC MEMBERSHIP CORPORATION PIED 9197322123 PO BOX 1179 HILLSBOROUGH NC 27278 STEVE HAMLIN PRESIDENT & CEO 9197322123 2017-10-09 true BRYAN A ISGETT P01441928 4787466277 2017-10-10 BE799C77261EE06AB1BFE677EC220712838153C6 DE624E79D3FDB7B117F78ADC73FB33944D56C78F 2016 2021-01-29 14:40:06Z STEVE HAMLIN PO BOX 1179 HILLSBOROUGH NC 27278 63519567 false X WWW.PEMC.COOP X 1938 NC TO EMPOWER AND TO PARTNER WITH OUR MEMBER-CONSUMERS TO PROVIDE ENERGY VALUE AND TO ENHANCE THE QUALITY OF LIFE. 10 10 109 0 0 63085271 61772039 1552250 1701908 81995 33170 64719516 63507117 0 3253706 3584170 11364354 11252346 0 0 50101456 48670601 64719516 63507117 0 169287230 176828087 114403923 119511060 54883307 57317027 TO EMPOWER AND TO PARTNER WITH OUR MEMBER-CONSUMERS TO PROVIDE ENERGY VALUE AND TO ENHANCE THE QUALITY OF LIFE. false false NA false false false false false false false false false true false false false true false false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 73 0 true 109 true false false false false false 60855829 1832863 false X 10 10 false false false false true true true true true false false true true true true true true true true false NC X LISA KENNEDY-VP OF FINANCIAL SERVIC 9197322123 PO BOX 1179 HILLSBOROUGH NC 27278 BILL BARBER CHAIRMAN 9.60 X X 35777 0 0 PAUL L BAILEY VICE CHAIRMA 6.80 X X 28976 0 0 SAM T WOODS SECRETARY 3.60 X X 21397 0 0 RICHAL VANHOOK TREASURER 7.80 X X 31281 0 0 JAMES RANDY KINLEY DIRECTOR 5.50 X 24570 0 0 STEPHEN LONG DIRECTOR 7.80 X 28040 0 0 DAVID POYTHRESS DIRECTOR 4.60 X 24082 0 0 GLENNIE BEASLEY DIRECTOR 4.80 X 16428 0 0 CYRUS VERNON DIRECTOR 5.80 X 25832 0 0 TALMADGE W YANCEY DIRECTOR 3.30 X 20466 0 0 STEVE HAMLIN PRESIDENT & 50.00 X 216826 0 71902 SUSAN CASHION VP CHIEF COM 50.00 X 145116 0 43299 LAWRENCE HOPKINS MGR - ENGINE 50.00 X 144440 0 59055 DONALD NEEMS CREW LEADER 50.00 X 108492 0 37989 ROBERT RILEY VP OF OPERAT 50.00 X 108417 0 38722 CHUCK LEE MGR OF ENERG 50.00 X 104326 0 44731 RANDOLPH G BRECHEISEN PRESIDENT & 50.00 X 248471 0 64405 1332937 360103 8 false true false PROGRAM SERVICE REVENUE 221000 60855829 60855829 CAPITAL CREDITS 221000 526337 526337 POLE RENTAL REVENUE 221000 389873 389873 61772039 1578053 1578053 2000 6730 -4730 -4730 -4730 129575 5720 123855 123855 123855 SUBSIDIARY INCOME 221000 37900 37900 37900 63507117 61382166 2124951 3584170 3584170 858453 858453 7254198 7254198 1365931 1365931 1226181 1226181 547583 547583 3924787 3924787 6476472 6476472 PURCHASED POWER 34464409 34464409 DISTRIBUTION OPERATIONS 2796799 2796799 DISTRIBUTION MAINTENANCE 1727219 1727219 CONSUMER ACCOUNTS 1534305 1534305 -2253390 -2253390 63507117 63507117 0 0 654550 836880 6891844 7101321 4031842 4749609 1791867 1912485 3429126 3095557 224639820 72771233 145533895 151868587 6815751 7127178 138355 136470 169287230 176828087 9044689 16657568 98118559 94602737 7240675 8250755 114403923 119511060 X 1281848 1510344 53601459 55806683 54883307 57317027 169287230 176828087 0 2433720 X false true X true 3541124 3541124 10061040 3319281 6741759 211037656 69451952 141585704 151868587 ACCUM PROV FOR POST RETIRE BENEFITS 3079800 RECOVERY OF WHOLESALE POWER COST 2190616 CONSUMER DEPOSITS 964470 RECOVERY OF RENEWABLE ENERGY CREDITS 801660 UNCLAIMED CAPITAL CREDITS 714209 ACCUM PROV FOR VESTED LEAVE 500000 8250755 63507117 63507117 63507117 59922947 59922947 3584170 3584170 63507117 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 3,584,170 X X false false false STEVE HAMLIN PRESIDENT & CEO 205350 2648 8828 58156 13746 288728 SUSAN CASHION VP CHIEF COMPLIANCE 141334 1874 1908 40103 3196 188415 LAWRENCE HOPKINS MGR - ENGINEERING 140654 2027 1759 42590 16465 203495 RANDOLPH G BRECHEISEN PRESIDENT & CEO-RET. 165722 20312 62437 55496 8909 312876 FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7A THE COOPERATIVE HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE BOARD WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM. FORM 990, PAGE 6, PART VI, LINE 12C THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15A THE ENTIRE BOARD OF DIRECTORS REVIEWS THE SALARY RANGE FOR THE CEO POSITION ANNUALLY USING INFORMATION FROM THE NRECA'S NATIONAL COMPENSATION SURVEY FOR RURAL ELECTRIC DISTRIBUTION SYSTEMS PRIMARILY. THE ENTIRE BOARD RATES CEO PERFORMANCE ANNUALLY USING ESTABLISHED PERFORMANCE CRITERIA. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD REVIEWS AND APPROVES RANGES FOR OTHER KEY MANAGEMENT POSITIONS BY USING PAY STUDY INFORMATION PROVIDED BY OUTSIDE CONSULTANTS. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18. FORM 990, PART XI, LINE 9 CAPITAL CREDIT RETIREMENTS -1,791,246 DONATED CAPITAL 227,336 MEMBERSHIP FEES 1,160 PATRONAGE CAPITAL CREDITS 3,584,170 OTHER COMPREHENSIE INCOME 412,300 TOTAL 2,433,720 PIEDMONT SERVICES HOLDING INC PO DRAWER 1179 HILLSBOROUGH NC 27278 562090017 UTILITY RE NC C CORP C CORP 37900 581083 1.00000 false false false false false false false false false false false false false false false false true true false false PIEDMONT SERVICES HOLDING INC P 662068 COST PIEDMONT SERVICES HOLDING INC Q 177046 COST