BRUNSWICK ELECTRIC MEMBERSHIP CORP: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- BRUNSWICK ELECTRIC MEMBERSHIP CORP (EIN 56-0154512)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-12
- IRS object ID
- 201223179349301662
- Schema version
- 2011v1.2
- 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) |
|---|---|---|
| Timestamp | 2012-11-12T10:25:13-08:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560154512 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRUNSWICK ELECTRIC MEMBERSHIP | BusinessNameLine1 |
| Business Name Line2 | CORPORATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BRUN | NameControl |
| Phone | 9107544391 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 826 | AddressLine1 |
| City | SHALLOTTE | City |
| State | NC | State |
| ZIP Code | 28459 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT W LEAVITT JR | Name |
| Title | CEO/General Manager | Title |
| Date Signed | 2012-11-12 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Robert W Leavitt Jr | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 826 | AddressLine1 |
| City | SHALLOTTE | City |
| State | NC | State |
| ZIP Code | 28459 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 163390821 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c | X | Organization501c |
| Web Site | www.bemc.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1939 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | See Schedule O | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 13 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 153 | TotalNbrEmployees |
| Total Gross UBI | -1124 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -1124 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 156561699 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 162664714 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1144301 | InvestmentIncomePriorYear |
| Investment Income Current Year | 595914 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 153422 | OtherRevenuePriorYear |
| Other Revenue Current Year | 69976 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 157859422 | TotalRevenuePriorYear |
| Total Revenue Current Year | 163330604 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 118500 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 229169 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 8400507 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 5951238 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 20363244 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 22710537 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 126606115 | OtherExpensePriorYear |
| Other Expenses Current Year | 131526567 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 155488366 | TotalExpensesPriorYear |
| Total Expenses Current Year | 160417511 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2371056 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2913093 | RevenuesLessExpensesCY |
| Total Assets BOY | 308467466 | TotalAssetsBOY |
| Total Assets EOY | 324617609 | TotalAssetsEOY |
| Total Liabilities BOY | 219764148 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 236425199 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 88703318 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 88192410 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | See Schedule O | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 153874181 | Expense |
| Revenue | 156806015 | Revenue |
| Description | Distribution of electricity to members, which includes the purchase of electric power from suppliers, transmission operations and maintenance, distribution operations and maintenance, customer accounting, customer service, marketing, general administration, and minor non-operating activities. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5951238 | Expense |
| Description | Patronage dividends paid to members' accounts. See Part IX, line 4, "Benefits paid to or for members", per IRS instructions. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 592092 | Expense |
| Revenue | 720209 | Revenue |
| Description | Operation, maintenance and construction of electric distribution lines for the Military Ocean Terminal Sunny Point, under the terms of a long-term contract with the United States Government. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Rev | 4662766 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 160417511 | TotalProgramServiceExpense |
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 64 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 153 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Gross Income From Members | 157526224 | GrossIncomeFromMembers |
| Gross Income Other Sources | 5804380 | GrossIncomeOtherSources |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Form720 Filed | false | Form720Filed |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 13 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Policies Reference Chapters | false | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | NC | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | THE CORPORATION | NamePerson |
| Telephone Number | 9107544391 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 826 | AddressLine1 |
| City | SHALLOTTE | City |
| State | NC | State |
| ZIP Code | 28459 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| JOHN D WARD | ||||||||
| Director | 8.00 | X | 33651 | 0 | 0 | |||
| FREDERICK A TEDDER | ||||||||
| Director | 8.00 | X | 28163 | 0 | 0 | |||
| LARRY G FOWLER | ||||||||
| Director | 10.00 | X | 38717 | 0 | 0 | |||
| BRYAN R SMITH | ||||||||
| Director | 17.00 | X | 27953 | 0 | 0 | |||
| JACKIE W MILLER | ||||||||
| Director | 20.00 | X | 36416 | 0 | 0 | |||
| JOHN L KOPP | ||||||||
| Director | 10.00 | X | 34885 | 0 | 0 | |||
| DAVID L GORE | ||||||||
| Director | 9.00 | X | 36340 | 0 | 0 | |||
| MONROE C ENZOR JR | ||||||||
| Director | 6.00 | X | 33572 | 0 | 0 | |||
| PHILLIP W CHEERS | ||||||||
| Director | 12.00 | X | 36407 | 0 | 0 | |||
| MOSES C HERRING | ||||||||
| Asst Secy/Treas | 20.00 | X | 23268 | 0 | 0 | X | ||
| L CALVIN DUNCAN | ||||||||
| Secy/Treasurer | 35.00 | X | 33470 | 0 | 0 | X | ||
| JOANN B SIMMONS | ||||||||
| Vice President | 15.00 | X | 22242 | 0 | 0 | X | ||
| HUBERT K BRITTAIN | ||||||||
| President | 25.00 | X | 44982 | 0 | 0 | X | ||
| Russell E Shipe | ||||||||
| VP Finance | 50.00 | 185461 | 0 | 65138 | X | |||
| Robert W Leavitt Jr | ||||||||
| CEO/General Mgr | 60.00 | 271333 | 15500 | 205688 | X | |||
| Don Hughes | ||||||||
| VP Operations/COO | 50.00 | 200223 | 0 | 21915 | X | |||
| Judy N Gore | ||||||||
| VP Customer Service | 50.00 | 196152 | 0 | 21857 | X | |||
| Bobby R Davis | ||||||||
| VP Technical Serv. | 50.00 | 172319 | 0 | 21423 | X | |||
| James Green | ||||||||
| Mgr Customer Svc | 50.00 | 115897 | 0 | 71871 | X | |||
| Monte Herring | ||||||||
| Dist. Oper. Super. | 50.00 | 121031 | 0 | 20461 | X | |||
| Bonita Hughes | ||||||||
| Manager HR | 50.00 | 120269 | 0 | 20637 | X | |||
| Lewis Shaw | ||||||||
| Mgr. Engineering | 50.00 | 138261 | 0 | 87758 | X | |||
| Tim Tippett | ||||||||
| Contract Superviso | 50.00 | 116375 | 0 | 66920 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2067387 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 15500 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 603668 | TotalOtherCompensation |
| Number Individuals GT100 K | 26 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Sumter Utilities Inc | |||||
| 1151 N Pike Street | Sumter | SC | 29153 | Utility line const. | 767456 |
| Pike Electric | |||||
| 100 Pike Way | Mt Airy | NC | 27030 | Utility line const. | 1928933 |
| New South Maintenance | |||||
| 837 Savannah Road | Tabor City | NC | 28643 | Right of way maint. | 1478769 |
| Montieth Contruction | |||||
| 32 N Front Street | Wilmington | NC | 28401 | General contractor | 2106418 |
| Lee Electrical | |||||
| 12828 Highway 15-501 | South Aberdeen | NC | 28315 | Utility line const. | 674938 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 20 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Sunny Point O&M contract | 221000 | 720209 | 720209 |
| Electricity sale/distribu | 221000 | 156806015 | 156806015 |
| Contrib. in aid of const. | 221000 | 4662766 | 4662766 |
| Capital credits-suppliers | 221000 | 475724 | 475724 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 162664714 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 586181 | TotalRevenueColumn |
| Exclusion | $586,181 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 19603 | Real |
| Personal | 98446 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 24048 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -4445 | Real |
| Personal | 98446 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 94001 | TotalRevenueColumn |
| Unrelated Business Revenue | -1124 | UnrelatedBusinessRevenue |
| Exclusion | $95,125 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 45902 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 36169 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 9733 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9733 | TotalRevenueColumn |
| Exclusion | $9,733 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Loan servicing fees | 221000 | 507 | 507 |
| Equity investments | 221000 | -24532 | -24532 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | -24025 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 163330604 | TotalRevenueColumn |
| Related Or Exempt Function Income | 162640689 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -1124 | UnrelatedBusinessRevenue |
| Exclusion | $691,039 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 221669 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7500 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5951238 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1707047 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10904032 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2395653 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6818818 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 884987 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125367 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 364754 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25511 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 347550 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 593032 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 404766 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1346772 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 273408 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9065232 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12532521 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| Gross receipts taxes | 4898110 |
| Distribution operations | 3377671 |
| Distribution maintenance | 1788762 |
| Cost of power | 97153032 |
| Administrative and general | 2289092 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -3059013 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 160417511 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7724534 | BOY |
| EOY | 11520717 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9556134 | BOY |
| EOY | 13207970 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1867043 | BOY |
| EOY | 2585404 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4101204 | BOY |
| EOY | 4131234 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2293087 | BOY |
| EOY | 2391471 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 381130886 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 110114662 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 265341558 | BOY |
| EOY | 271016224 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4116353 | BOY |
| EOY | 3966868 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 624937 | BOY |
| EOY | 579197 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12721941 | BOY |
| EOY | 14973180 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 120675 | BOY |
| EOY | 245344 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 308467466 | BOY |
| EOY | 324617609 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14736600 | BOY |
| EOY | 13398189 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2060750 | BOY |
| EOY | 3500000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 173063176 | BOY |
| EOY | 183745291 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29903622 | BOY |
| EOY | 35781719 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 219764148 | BOY |
| EOY | 236425199 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88703318 | BOY |
| EOY | 88192410 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88703318 | BOY |
| EOY | 88192410 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 308467466 | BOY |
| EOY | 324617609 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2913093 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -3424001 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Both | X | FinancialStatementBoth |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 381130886 | OtherCostOrOtherBasis |
| Depreciation | 110114662 | Depreciation |
| Book Value | 271016224 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 271016224 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Other postretirement benefits | $23,154,186 |
| Other | $32,822 |
| Economic development grant | $400,000 |
| Deferred credits | $2,585,014 |
| Consumer deposits | $2,055,884 |
| Accrued annual leave | $7,553,813 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 35781719 | TotalOfAmounts |
| Total Revenue | 163330604 | TotalRevenue |
| Total Expenses | 160417511 | TotalExpenses |
| Excess Or Deficit For Year | 2913093 | ExcessOrDeficitForYear |
| Other | $3,529,274 | OtherAmount |
| Total Adjustments | 3529274 | TotalAdjustments |
| Excess Or Deficit Per FS | 6442367 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 160236912 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 2240802 | OtherRevenues |
| Revenue Not Rptd F990 | 2240802 | RevenueNotRptdF990 |
| Revenue Subtotal | 157996110 | RevenueSubtotal |
| Other Revenues Not Included | 5334494 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 5334494 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 163330604 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 153794545 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 153794545 | ExpensesSubtotal |
| Other Expenses Not Included | 6622966 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 6622966 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 160417511 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part XIII, Line 4b | Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S | Nonoperating items netted on F/S $671728 Patronage div. paid to members' accts $5951238 |
| Part XII, Line 4b | Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S | CIAC not revenue per GAAP $4662766 Nonoperating items netted on F/S $671728 |
| Part XII, Line 2d | Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 | Noncash patronage not revenue per IRS $2240802 |
| Part XI, Line 8 | Part XI, Line 8: Other Changes in Net Assets or Fund Balances | Noncash patronage capital allocations not revenue per IRS $2240802 Patronage div. paid to members' accts not expense per GAAP $5951238 Contributions in aid of construction not revenue per GAAP $ -4662766 Retirement of capital credits (audit pg 5) $ -2485908 Other comprehensive income (audit pg 5) $ -4464497 Net change in memberships (audit pg 5) $ -2870 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|
| Columbus Dept of Aging | ||||||||
| PO Box 1327 | Whiteville | NC | 28472 | 566000289 | Government | 24500 | 0 | Assistance for elec. bills |
| Brunswick Family Assis | ||||||||
| PO Box 333 | Supply | NC | 28462 | 561309961 | Government | 32000 | 0 | Assistance for elec. bills |
| Brunswick Community College | ||||||||
| PO Box 30 | Supply | NC | 28462 | 581493463 | 501(c)(3) | 5450 | 0 | Scholarships, student programs |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 3 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | College scholarships | TypeOfGrant |
| Number Of Recipients | 3 | NumberOfRecipients |
| Amount Of Cash Grant | 7500 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Grantmaker's Description of How Grants are Used | Identifier |
| Explanation | Brunswick Family Assistance and the Columbus County Department of Aging are government agenices. Any "monitoring" of the use of the proceeds could be viewed as an inappropriate invasion of the ultimate recipients' privacy; therefore, Brunswick EMC does not investigate the use of these funds (the identity of the ultimate receipients) once the funds are given to the government agencies. Brunswick Community College is an educational institution that is independently audited and is monitored by a local Board of Directors. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|
| Tim Tippett | ||||||||
| 114428 | 1947 | 48786 | 18134 | 183295 | 184318 | |||
| Russell E Shipe | ||||||||
| 181873 | 3588 | 47004 | 18134 | 250599 | 232445 | |||
| Robert W Leavitt Jr | ||||||||
| 265843 | 5490 | 187554 | 18134 | 477021 | 453546 | 15500 | 15500 | 17000 |
| Lewis Shaw | ||||||||
| 135431 | 2830 | 69624 | 18134 | 226019 | 217416 | |||
| Judy N Gore | ||||||||
| 192429 | 3723 | 3723 | 18134 | 218009 | 198655 | |||
| James Green | ||||||||
| 113651 | 2246 | 53737 | 18134 | 187768 | ||||
| Don Hughes | ||||||||
| 196442 | 3781 | 3781 | 18134 | 222138 | 202166 | |||
| Bobby R Davis | ||||||||
| 169030 | 3289 | 3289 | 18134 | 193742 | 180122 | |||
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Robert W Leavitt Jr | |||
| Director | 3421 | Propane purchases | false |
| Robert W Leavitt Jr | |||
| Director | 88400 | IT services | false |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Robert W. Leavitt, Jr. is an uncompensated director of TSE Services, Inc. and Diversified Energy, LLC (subsidiaries of the North Carolina Electric Membership Corporation) in his official capacity and duty as the CEO of Brunswick Electric Membership Corporation. Brunswick Electric Membership Corporation purchases IT services from TSE Services, Inc. and retail propane from Diversified Energy, LLC. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part 1 question 1 and Part III question 1 - Organization Mission | The mission is to provide our cooperative membership with superior electric and consumer services through open communication, utilizing a highly-trained, efficient work force in conjunction with a knowledgeable and well-informed membership. The primary goal is to distribute safe, affordable, reliable and environmentally responsible electricity to the membership. | |
| Form 990, Part IX, Line 4 Benefits Paid To or For Members | This amount represents patronage dividends paid to members' accounts in accordance with the pre-existing obligation in Section 9.02 of Brunswick 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 instructions for line 4 changed in 2011 to include patronage dividends paid by section 501(c)(12) organizations to their members. Accordingly, these amounts are now reported on line 4. 2010 comparative amounts in Part I have been adjusted to reflect the change in the IRS instructions. | |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | All governing documents and policies (including the conflict of interest policy) are available at the Corporate offices, upon request, in accordance with State and Federal statutes. Summary financial statements are provided free of charge to members at the annual membership meeting. Complete audited financial statements are available upon request, either paper or electronic, without charge. The Form 990 is available upon request, paper or electronic, without charge. The Form 990 is also available on-line at "guidestar.com", free of charge. | Form 990, Part VI, Line 19 |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | Compensation of officers and key employees is determined by the CEO after (1) consultation with the Director of Human Resources, (2) comparisons with compensation surveys, (3) consultation with outside professionals, and (4) review of other pertinent data. | Form 990, Part VI, Line 15b |
| 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 at the beginning of each regularly scheduled monthly meeting of the Board of Directors. In addition, officers, directors and key employees are required to sign an annual statement disclosing any such interests. | Form 990, Part VI, Line 12c |
| Form 990, Part VI, Line 11: Form 990 Review Process | Prior to filing, the Form 990 is presented to the full Board of Directors, at a regularly scheduled meeting, by the CEO and VP of Finance. The Board authorizes the CEO to sign and file the return. In addition, at various meetings throughout the year, the Board receives training regarding the elements of the Form 990 by the Corporation's tax consultant and special outside legal counsel. | Form 990, Part VI, Line 11 |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | All decisions made by the governing body of the Corporation are ratified by the general membership of the cooperative at the Corporation's annual membership meeting. | Form 990, Part VI, Line 7b |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | All members of the governing body (the Directors) of the Corporation are elected by the general membership of the cooperative at the Corporation's annual membership meeting. | Form 990, Part VI, Line 7a |
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | The Corporation is an electric cooperative that distributes electricity to its members. Membership is available to any individual or business that desires electric service within the Corporation's assigned service territory. | Form 990, Part VI, Line 6 |
| Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et | Each director of Brunswick Electric Membership Corporation has a business relationship with all other directors of Brunswick Electric Membership Corporation, in their capacities as directors of Rural Consumer Services Corporation.Hubert K. Brittain has a business relationship with Robert W. Leavitt, Jr., in their capacities as directors of the North Carolina Electric Membership Corporation.Frederick A. Tedder has a business relationship with Robert W. Leavitt, Jr., in their capacities as directors of the North Carolina Association of Electric Cooperatives, Inc. | Form 990, Part VI, Line 2 |
| Form 990, Part III, Line 4d : Other Program Services Description | OTHER PROGRAM SERVICES 4: Patronage dividends paid to members' accounts. See Part IX, line 4, "Benefits paid to or for members", per IRS instructions. | Form 990, Part III, Line 4d |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rural Consumer Services Corporation | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 826 | AddressLine1 |
| City | SHALLOTTE | City |
| State | NC | State |
| ZIP Code | 28459 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561553250 | EIN |
| Primary Activities | ECONOMIC DEVELOPMENT | PrimaryActivities |
| Legal Domicile State | NC | LegalDomicileState |
| Exempt Code Section | 501 (C) 4 | ExemptCodeSection |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Brunswick Electric Membership Corp | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | false | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | true | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | true | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | true | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| Rural Consumer Services Corporation | ||
| n | 228478 | Actual cost |
| Rural Consumer Services Corporation | ||
| j | 730491 | Cash payments |
| Rural Consumer Services Corporation | ||
| i | 87243 | Cost allocation |
| Rural Consumer Services Corporation | ||
| d | 740000 | Cash |
| Rural Consumer Services Corporation | ||
| a | 66340 | Cash payments |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part V Line 1d | Identifier |
| Explanation | Brunswick EMC as intermediary received a $740,000 loan from the USDA REDLG program for weatherization assistance to its members. REDLG rules require that the assistance be made by Rural Consumer Services Corporation, a third party ultimate recipient. Therefore, the funds were loaned by Brunswick EMC as intermediary to Rural Consumer Services Corporation as the ultimate recipient. The terms of the loan from BEMC to RCSC are the same as the terms of the loan from USDA to BEMC. | Explanation |