2014-11-04T11:19:42-08:00 2013-12-31 ADAMS JENKINS CHEATHAM PC 231 WYLDEROSE DR MIDLOTHIAN VA 231136845 990 2013-01-01 560993598 TIDELAND ELECTRIC MEMBERSHIP CORPORATION TIDE 2529433046 PO BOX 159 PANTEGO NC 27860 Paul G Spruill CEO 2014-11-04 true G STEVEN GILLIAM CPA P00348264 8043231313 2013 2015-11-30 17:44:51Z Paul G Spruill 25831 Highway 264 East Pantego NC 27860 44858079 false false X WWW.TIDELANDEMC.COM X 1941 NC Safe and effective distribution of electricity to the members of TEMC 10 10 89 0 0 43148632 44586638 102619 142693 126364 128748 43377615 44858079 23542 8692 1163382 2160271 6308515 6452488 0 0 36019736 36188619 43515175 44810070 -137560 48009 108927342 113612760 74126868 77127761 34800474 36484999 Safe and effective distribution of electricity to the members of TEMC false false Sale and distribution of electricity to members of TEMC. The three largest program services as measured by expenses are as follows:Cost of power 24,184,976Salaries $4,183,761Depreciation $3,563,683 false false false false false false false false false false true false false 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 false false false false false true true true false false true 50 0 true 89 true false false false false false false false false false 43963238 792243 false false false X 10 10 false false false false true true true true true false false true true true true true true true true false X Tideland EMC 2529433046 PO Box 159 Pantego NC 27860 J Douglas Brinson Vice President 11.00 0.00 X X 11300 0 0 Leon Bryant Director 5.00 0.00 X 6600 0 0 Jimmy Burbage Director 5.00 0.00 X 8750 0 0 Mark Carawan Director 9.00 0.00 X 9050 0 0 Garry Jordan Director 8.00 0.00 X 9650 0 0 Clifton Paul Secretary 6.00 0.00 X X 8900 0 0 Paul Sasnett President 9.00 0.00 X X 9000 0 0 Wayne Sawyer Director 11.00 0.00 X 11300 0 0 David Ipock Treasurer 7.00 0.00 X X 9200 0 0 Rudy Austin Director 8.00 0.00 X 10950 0 0 Jill Lee CFO 40.00 0.00 X 98242 0 80785 Paul G Spruill CEO 40.00 0.00 X 153256 0 28226 346198 109011 1 false true false MasTec Inc PO BOX 277124 ATLANTA GA 303847124 LINE CONSTRUCTION 391717 Lewis Tree Service Inc PO BOX 731897 DALLAS TX 75373 TREE TRIMMING 1012442 Lee Electrical Const Inc PO Box 55 Aberdeen NC 28315 POWER LINE CONSTRUCT 679465 Davey Tree Expert PO Box 92934 CLEVELAND OH 44194 GPS position of Pole 327020 Stokes Land Clearing Inc 3204 Joe Stocks Road Greenville NC 27858 RT OF WAY CLEARING 177815 7 0 CAPITAL CREDITS RECEIVED 159707 159707 CONTRIBUTIONS IN AID 463693 463693 SALE OF ELECTRICITY 43963238 43963238 44586638 142693 142693 0 0 26150 102598 26150 102598 128748 26150 102598 0 0 0 0 0 44858079 44612788 245291 8692 0 0 2160271 455209 0 4183761 712439 746258 354821 0 48524 0 0 0 0 0 0 0 0 0 0 991169 0 117486 2403247 0 3563683 0 Cost of Power 24184976 Admin & General 2344976 Distribution Maintenance 1888398 Taxes 1396966 -750806 44810070 0 0 0 2600771 3651475 1300000 1044139 0 5737598 6046627 0 0 880075 737264 1161876 1054588 1855945 3989992 110503747 20070233 89273322 90433514 0 296692 296692 4756833 5302609 0 1064230 1055860 108927342 113612760 3085467 2527984 58023975 60281355 13017426 14318422 74126868 77127761 X 34800474 36484999 34800474 36484999 108927342 113612760 X 48009 1636516 X false true X true false 816679 816679 109687068 20070233 89616835 90433514 Patronage capital - CFC 489622 C Patronage capital - NCEMC 3419406 C Patronage capital - TEMA 523366 C Investment in CFC-CTCs 870215 C Customer Deposits and Prepayments 1133345 Deferred credits 4304650 Economic Development Grant 300000 Other 63813 Other accrued liabilitiies 1069857 Post retirement benefits 7446757 14318422 44925981 44925981 -67902 -67902 44858079 42623649 42623649 2186421 2186421 44810070 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S patronage div. paid to members' accts. $2160271 Rental income netted against expense $26150 false Tideland Elec Care Tru 25831 HWY 264 East Pantego NC 27860 562118287 3 8692 0 Fair Market Value Charitable and Educational Support 1 0 X X X X false false false Jill Lee CFO 98242 73060 7725 179027 Paul G Spruill CEO 153256 20501 7725 181482 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Tideland 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 serves as the governing body of the cooperative. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body Members of the governing board are elected by the membership at the annual membership meeting. Each member receives one vote. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders The governing body's decisions are ratified by the general membership at the annual membership meeting. Form 990, Part VI, Line 11b: Form 990 Review Process The CEO and manager of finance review the 990 with the governing board prior to filing with the IRS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts officers, directors and key employees are required to disclose interests that could give rise to conflicts ahead of each monthly board meeting. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees CEO compensation is determined by the board of directors after a comparison with surveys, consultants, and other similar organizations. Compensation of other officers and key employees are determined by the CEO after consultation with human resources and reviews of surveys, consultants, and other similar organizations. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Governing documents and policies are available upon request. Financial data is presented to the members at the annual meeting and is also included in the 990, which is also available upon request. Other Changes In Net Assets Or Fund Balances - Other Increases = $0 Other Changes In Net Assets Or Fund Balances - Other Decreases Contributions in aid of construction not revenue per gaap = -$463693 Other Changes In Net Assets Or Fund Balances - Other Increases non-cash patronage allocations not revenue per irs = $557745 Other Changes In Net Assets Or Fund Balances - Other Decreases Other Comprehensive Loss = -$89601 Other Changes In Net Assets Or Fund Balances - Other Increases patronage div. paid to members' accts. not expense per gaap = $2160271 Other Changes In Net Assets Or Fund Balances - Other Decreases Retirement of Capital Credits = -$528206 FORM 990, PART IX, LINE 4 BENEFITS PAID TO OR FOR MEMBERS PATRONAGE DIVIDENDS PAID TO MEMBERS' ACCOUNTS IN ACCORDANCE WITH THE PRE-EXISTING OBLIGATION IN TIDELAND 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 INSTRUCTIOONS FOR LINE 4 CHANGED IN 2011 TO INCLUDE PATRONAGE DIVIDENDS PAID BY SECTION 501(C)(12) ORGANIZATIONS TO THEIR MEMBERS. Tideland Electric Care Trust Inc 25831 Highway 264 East Pantego NC 27860 562118287 Charitable and educational support to the community NC 3 public charity Tideland EMC true false true false false false false false false false false false false false false false false false false true Tideland Electric Care Trust Inc b 8692 FMV Tideland Electric Care Trust Inc s 25278 FMV