ENERGYUNITED ELECTRIC MEMBERSHIP CORPORATION: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: ENERGYUNITED ELECTRIC MEMBERSHIP CORPORATION (EIN 56-2097218)
Tax period: 2015-01-01 to 2015-12-31
Filed: 2016-09-05
IRS object ID: 201612779349300701
Schema version: 2015v2.1
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
Form 990
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-09-05T19:32:36-04:00	ReturnTs
Tax Period End	2015-12-31	TaxPeriodEndDt
Return Type	990	ReturnTypeCd
Tax Period Begin	2015-01-01	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 NATT	PersonNm
Person Title	CHIEF FINANCIAL	PersonTitleTxt
Phone	7048735241	PhoneNum
Signature	2016-09-01	SignatureDt

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2017-02-10 21:41:12Z	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	$268,580,156	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	198	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$247,824,808	PYProgramServiceRevenueAmt
CY Program Service Revenue	$260,417,859	CYProgramServiceRevenueAmt
PY Investment Income	$3,425,897	PYInvestmentIncomeAmt
CY Investment Income	$3,289,177	CYInvestmentIncomeAmt
PY Other Revenue	$4,612,615	PYOtherRevenueAmt
CY Other Revenue	$4,873,120	CYOtherRevenueAmt
PY Total Revenue	$255,863,320	PYTotalRevenueAmt
CY Total Revenue	$268,580,156	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$3,386,018	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$3,906,060	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$12,736,150	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$12,352,209	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$233,487,195	PYOtherExpensesAmt
CY Other Expenses	$246,430,654	CYOtherExpensesAmt
PY Total Expenses	$249,609,363	PYTotalExpensesAmt
CY Total Expenses	$262,688,923	CYTotalExpensesAmt
PY Revenues Less Expenses	$6,253,957	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$5,891,233	CYRevenuesLessExpensesAmt
Total Assets BOY	$434,422,445	TotalAssetsBOYAmt
Total Assets EOY	$442,073,073	TotalAssetsEOYAmt
Total Liabilities BOY	$260,903,457	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$264,020,283	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$173,518,988	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$178,052,790	NetAssetsOrFundBalancesEOYAmt
Mission	PROVIDE ELECTRICAL SERVICE TO MEMBERS	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$262,688,923	ExpenseAmt
Desc	PROVIDE ELECTRICAL SERVICE TO MEMBERS	Desc
Total Program Service Expenses	$262,688,923	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	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	198	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	$260,417,859	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$8,162,297	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	7048735241	PhoneNum

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

Form990 Part VII Section A Form990PartVIISectionAGrp (18 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	8.00	0.00	Yes (X)	Yes (X)	$31,597	$0	$0
C EDGAR CARTNER
VICE PRESIDENT	6.00	0.00	Yes (X)	Yes (X)	$18,225	$0	$0
JEANNETTE OVERBY
SECRETARY	6.00	0.00	Yes (X)	Yes (X)	$24,070	$0	$0
RONNIE S HARRISON
TREASURER	7.00	0.00	Yes (X)	Yes (X)	$12,923	$0	$0
JERRY W ANDERSON
DIRECTOR	5.00	0.00	Yes (X)		$22,071	$0	$0
N MACK SHOAF
DIRECTOR	5.00	0.00	Yes (X)		$23,015	$0	$0
B GLENN SMITH
DIRECTOR	4.00	0.00	Yes (X)		$20,567	$0	$0
ANN M ELLER
DIRECTOR	3.00	0.00	Yes (X)		$17,879	$0	$0
BRIAN SISSON
DIRECTOR	6.00	0.00	Yes (X)		$24,592	$0	$0
HOWARD W WILKINS
CEO	40.00	0.00			$443,953	$0	$34,353	Yes (X)
ALEC NATT
CFO	40.00	0.00			$206,534	$0	$29,597	Yes (X)
KATHLEEN HART
CIOVP CUSTOMER SERVICE	40.00	0.00			$199,223	$0	$26,363	Yes (X)
DAVID SCHLEICHER
VP ENGINNEERING AND OPERATION	40.00	0.00			$218,430	$0	$19,427	Yes (X)
TIM HOLDER
VP SALES	40.00	0.00			$168,382	$0	$27,230	Yes (X)
ERIC MCINTIRE
VP HUMAN RESOURCES	40.00	0.00			$180,628	$0	$21,751	Yes (X)
DAVID MEISINGER
VP POWER SUPPLY	40.00	0.00			$199,836	$0	$12,331	Yes (X)
STEVE MCCACHERN
DIRECTOR OF ENGINEERING	40.00	0.00			$124,863	$0	$64,474		Yes (X)
MATT SHARPE
REGIONAL LINE MANAGER	40.00	0.00			$107,400	$0	$41,387		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$2,044,188	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$276,913	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	9	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	$4,106,531
PIKE ELECTRIC INC
PO BOX 1000 DEPT 517	Memphis	TN	381480517	ELEC PLANT CONSTRU	$1,845,702
NISC
PO BOX 1147	Mandan	ND	585541147	IT SERVICES	$502,028
SUMTER UTILITIES INC
PO BOX 579 SUMTER SC 29151	Atlanta	GA	30342	ELECTRIC PLANT CON	$2,323,598
BELLWETHER MANAGEMENT
PO BOX 2176	Cornelius	NC	28031	Meter Reading	$529,292

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	23	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ELECTRIC SALES-MEMBERS	221000	$254,052,101	$254,052,101
FEES AND SERVICE CHARGE	221000	$5,140,839	$5,140,839
ELECTRIC SALES-NON MEMB	221000	$1,224,919	$1,224,919

Field	Value	IRS element (for citing)
Total Program Service Revenue	$260,417,859	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,289,177	TotalRevenueColumnAmt
Exclusion	$3,289,177	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INCOME FROM SUBSIDIARY	221000	$3,611,325	$3,611,325
PATRONAGE ALLOCATIONS	221000	$1,261,795	$1,261,795
OTHER	221000

Field	Value	IRS element (for citing)
Other Revenue Total	$4,873,120	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$268,580,156	TotalRevenueColumnAmt
Related Or Exempt Func Income	$265,290,979	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$3,289,177	ExclusionAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$3,906,060	TotalAmt
Program Services	$3,906,060	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,044,188	TotalAmt
Program Services	$2,044,188	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$5,732,219	TotalAmt
Program Services	$5,732,219	ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$1,211,263	TotalAmt
Program Services	$1,211,263	ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$2,697,730	TotalAmt
Program Services	$2,697,730	ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$666,809	TotalAmt
Program Services	$666,809	ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$517,261	TotalAmt
Program Services	$517,261	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$184,286	TotalAmt
Program Services	$184,286	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	$7,003,075	TotalAmt
Program Services	$7,003,075	ProgramServicesAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$377,233	TotalAmt
Program Services	$377,233	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,147,586	TotalAmt
Program Services	$1,147,586	ProgramServicesAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$264,410	TotalAmt
Program Services	$264,410	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$116,671	TotalAmt
Program Services	$116,671	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,194,191	TotalAmt
Program Services	$1,194,191	ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$103,997	TotalAmt
Program Services	$103,997	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$9,345,859	TotalAmt
Program Services	$9,345,859	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$17,796,403	TotalAmt
Program Services	$17,796,403	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$592,180	TotalAmt
Program Services	$592,180	ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
COST OF POWER	$201,665,020	$201,665,020
PROPERTYGROSS REC TAX	$2,141,513	$2,141,513
MAINT AND EXP	$1,808,227	$1,808,227

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,150,242	TotalAmt
Program Services	$2,150,242	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$262,688,923	TotalAmt
Program Services	$262,688,923	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$7,718,639	BOYAmt
EOY	$11,052,290	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$27,489,552	BOYAmt
EOY	$23,440,230	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$1,542,500	BOYAmt
EOY	$2,387,500	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$4,769,389	BOYAmt
EOY	$5,052,538	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$556,336,208	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$191,779,878	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$355,705,653	BOYAmt
EOY	$364,556,330	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$14,399,009	BOYAmt
EOY	$11,941,762	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$13,930,411	BOYAmt
EOY	$14,755,230	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$8,867,292	BOYAmt
EOY	$8,887,193	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$434,422,445	BOYAmt
EOY	$442,073,073	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$28,112,199	BOYAmt
EOY	$29,849,046	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$198,201,728	BOYAmt
EOY	$198,430,927	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$34,589,530	BOYAmt
EOY	$35,740,310	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$260,903,457	BOYAmt
EOY	$264,020,283	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	$173,518,988	BOYAmt
EOY	$178,052,790	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$173,518,988	BOYAmt
EOY	$178,052,790	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$434,422,445	BOYAmt
EOY	$442,073,073	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$5,891,233	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	-$1,357,431	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	$534,817,336	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$21,518,872	OtherCostOrOtherBasisAmt
Depreciation	$191,779,878	DepreciationAmt
Book Value	$364,556,330	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$364,556,330	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	investments	Desc
Book Value	$11,941,762	BookValueAmt
Method Valuation	C	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$11,941,762	TotalBookValueSecuritiesAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

Field	Value	IRS element (for citing)
Desc	investments	Desc
Book Value	$14,755,230	BookValueAmt
Method Valuation	C	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$14,755,230	TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDesc	AmtAmt
DEFERRED CREDITS	$19,576,253
ACCUM OBLIGATION FOR POSTRETIREMEN	$8,815,406
CONSUMER DEPOSITS	$3,441,870
OTHER NONCURRENT LIABILITIES	$3,906,781

Field	Value	IRS element (for citing)
Total Liability	$35,740,310	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$268,580,156	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$268,580,156	RevenueSubtotalAmt
Total Revenue Per Form990	$268,580,156	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$258,782,863	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$258,782,863	ExpensesSubtotalAmt
Other Expenses Not Included	$3,906,060	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$3,906,060	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$262,688,923	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 $3,906,060	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 (8 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	$404,452	$39,501	$21,200	$13,153	$478,306
ALEC NATT
CFO	$187,625	$18,909	$15,672	$13,925	$236,131
KATHLEEN HART
CIOVP CUSTOMER SERVICE	$181,200	$18,023	$14,937	$11,426	$225,586
DAVID SCHLEICHER
VP ENGINNEERING AND OPERATIONS	$198,761	$19,669	$15,989	$3,438	$237,857
TIM HOLDER
VP SALES	$153,495	$14,887	$12,338	$14,892	$195,612
STEVE MCCACHERN
DIRECTOR OF ENGINEERING	$117,731	$7,132	$51,569	$12,905	$189,337
ERIC MCINTIRE
VP HUMAN RESOURCES	$164,456	$16,172	$13,146	$8,605	$202,379
DAVID MEISINGER
VP POWER SUPPLY	$189,837	$9,999	$8,180	$4,151	$212,167

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 $1,367,809, CHANGES IN DONATED CAPITAL AND NEW MEMBERS $10,378

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	Yes (true)	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	$129,122
NCEMC
h	$32,657,430
TARHEEL ELEC MEMBERSHIP CORP
h	$9,576,467
FEDERATED RURAL ELECTRIC INSURANCE
h	$701,297
COBANK
ai	$166,685