2013-04-30T14:33:46-05:00 2012-12-31 560747981 DIXON HUGHES GOODMAN LLP 110 EXCHANGE STREET SUITE G DANVILLE VA 24541 990 2012-01-01 560421795 SURRY-YADKIN ELECTRIC MEMBERSHIP CORP SURR 3363568241 P O BOX 305 DOBSON NC 270170305 GREG PUCKETT 3363568241 2013-04-30 1 CATHY LILES P00440600 4347925334 2012 2016-03-07 17:11:31Z GREG PUCKETT PO BOX 305 DOBSON NC 27017 46976010 0 X HTTP://WWW.SYEMC.COM X 1940 NC SALE AND DISTRIBUTION OF ELECTRICITY TO MEMBERS 10 10 67 0 0 0 0 0 44675427 46879169 161239 147818 124962 -50977 44961628 46976010 4455 2335 872645 441578 988322 538369 0 0 0 42772723 43885721 44638145 44868003 323483 2108007 88541838 95199543 64061147 68367925 24480691 26831618 SALE AND DISTRIBUTION OF ELECTRICITY TO MEMBERS 0 0 SALE AND DISTRIBUTION OF ELECTRICITY TO MEMBERS 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 67 1 0 0 0 0 0 0 0 0 0 46879169 354378 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 0 0 1 1 1 0 NC X GREG PUCKETT - SURRY YADKIN EMC 3363568241 510 SOUTH MAIN STREET DOBSON NC 27017 GRADY V NICHOLS 4.00 X 10997 0 0 JOHN C BROOKS 5.00 X 7479 0 0 BOBBY S ADAMS 4.00 X 11164 0 0 WAYNE MCINNIS 0.00 X 137 0 0 ALVIN R REID SR 5.00 X 11214 0 0 BENNY G WILES 4.00 X 11164 0 0 DAVID PENDRY 8.00 X 27195 0 0 J AUBREY JOYCE 4.00 X 10964 0 0 LEE VON SPEAKS 13.00 X 17439 0 0 KAROLINE C OVERBY 8.00 X 27570 0 0 WILLARD L SWIFT 8.00 X 9529 0 0 GREG PUCKETT 40.00 X 153807 0 84122 ROBERT MAXWELL 40.00 X 110485 0 45103 409144 0 129225 2 0 1 0 CARTER UTILITY TREE SERVICE INC 213 APOLLO DRIVE MOUNT AIRY NC 27030 RIGHT OF WAY SERVICES 1709281 PIKE ELECTRIC INC PO BOX 1000 DEPT 517 MEMPHIS TN 381480517 OVERHEAD AND UNDERGROUND DISTRBUTION SYS 1436483 BELLWETHER MANAGEMENT SOLUTIONS PO BOX 2176 CORNELIUS NC 280312176 METER READING, COLLECTING AND DISCONNECT 685022 NATIONAL INFORMATION SOLUTIONS COOPERATI PO BOX 86 MINNEAPOLIS MN 554862053 MAIL BILLINGS AND DELIQUENTS, MAINTENANC 341384 ELECTRICAL CONSULTING ENGINEER INC PO BOX 602060 CHARLOTTE NC 28206 ASSIST IN FIGURATIONS OF SITE-SPECIFIC J 128502 7 ELECTRICITY 221000 45680474 45680474 PATRONAGE ALLOCATIONS 221000 722682 722682 POLE RENTAL INCOME 221000 388034 388034 CONTRIBUTIONS IN AID 221000 87979 87979 46879169 125576 125576 22242 0 22242 22242 22242 INCOME FROM INVESTMENTS 221000 -50977 -50977 -50977 46976010 46513377 0 462633 2335 441578 329794 79350 98241 30984 1772813 3188556 COST OF POWER 27532195 DISTRIBUTION MAINTENANC 3316784 DISTRIBUTION OPERATION 2321891 ADMINISTRATIVE AND GENE 2305538 3447944 44868003 1308040 1924712 300000 2250000 5635752 6315303 771461 798064 383238 293948 101715764 23574360 75273990 78141404 4857512 5464086 11845 12026 88541838 95199543 4660982 4100103 49632482 54397354 9767683 9870468 64061147 68367925 X 0 0 0 0 24480691 26831618 24480691 26831618 88541838 95199543 X 2108007 242920 X X 0 1 X 1 0 797541 797541 1939289 973995 965294 98978934 22600365 76378569 78141404 NRUCFC 1012584 C PATRONAGE CAPITAL CERTIFICATES 4140696 C DIVERSIFIED ENERGY 310806 C 5464086 INTEREST RECEIVABLE 12026 12026 ACCUM PROV FOR RETIREMENT BENEFITS 8700900 CONSUMER DEPOSITS 1169568 9870468 X 46888031 0 46888031 87979 87979 46976010 44868003 0 44868003 0 44868003 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE CORPORATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2012 AND 2011. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTIONS IN AID SEE ATTACHED SUPPLEMENTAL SCHEDULE. X 0 0 0 GREG PUCKETT 153807 0 0 0 0 0 68245 0 15877 0 237929 0 0 0 ROBERT MAXWELL 110485 0 0 0 0 0 29996 0 15107 0 155588 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION OPERATES AS A COOPERATIVE. MEMBERSHIP IS COMPRISED OF THOSE INDIVIDUALS AND BUSINESSES THAT USE THE ORGANIZATION'S SERVICES. THERE ARE NO CLASSES OF MEMBERSHIP. EACH MEMBER HAS ONE VOTE. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS IN ACCORDANCE WITH THE BYLAWS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11 ACCOUNTING PERSONNEL REVIEW THE 990 FOR ACCURACY BEFORE FURNISHING IT TO THE MANAGER AND BOARD OF DIRECTORS FOR THEIR APPROVAL. FORM 990, PART VI, SECTION B, LINE 15 SALARIES ARE REVIEWED BY THE BOARD OF DIRECTORS AND FILES ARE MAINTAINED FOR THE REVIEW PROCESS BY WHICH MERIT RAISES ARE GRANTED. FORM 990, PART VI, SECTION C, LINE 19 A COPY OF THE BYLAWS ARE PROVIDED TO NEW MEMBERS. A FINANCIAL STATEMENT IS PROVIDED TO THE MEMBERS AS A PART OF THE ORGANIZATION'S ANNUAL REPORT. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S HEADQUARTERS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -441,578. CHANGE IN MEMBERSHIPS -1,150. OTHER CHANGES IN EQUITY 505,427. CONTRIBUTIONS IN AID -87,979. ACCUMULATED OTHER COMPREHENSIVE INCOME 268,200. NO CHANGES IN CY.