ENERGYUNITED ELECTRIC MEMBERSHIP CORPORATION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: ENERGYUNITED ELECTRIC MEMBERSHIP CORPORATION (EIN 56-2097218)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-08-15
IRS object ID: 201232289349300713
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
Form 990
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-08-15T06:52:47-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EDDIE CARRICK CPA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	151 YOUNG DR	AddressLine1
City	LEXINGTON	City
State	NC	State
ZIP Code	27292	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	562097218	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ENERGYUNITED EMC	BusinessNameLine1
Business Name Line2	CORPORATION	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	ENER	NameControl
Phone	7048735241	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1831	AddressLine1
City	STATESVILLE	City
State	NC	State
ZIP Code	28687	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	ALEC NATT	Name
Title	CFO	Title
Phone	7048735241	Phone
Date Signed	2012-08-06	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	EDDIE G CARRICK	Name
Phone	3362492545	Phone
Date Prepared	2012-08-07	DatePrepared

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)
Gross Receipts	221150499	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1998	YearFormation
State Legal Domicile	NC	StateLegalDomicile
Activity Or Mission Description	PROVIDE ELECTRICAL SERVICE TO MEMBERS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	190	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	215207871	ProgramServiceRevenuePriorYear
Program Service Revenue CY	215482610	ProgramServiceRevenueCY
Investment Income Prior Year	3690812	InvestmentIncomePriorYear
Investment Income Current Year	3297953	InvestmentIncomeCurrentYear
Other Revenue Prior Year	4009973	OtherRevenuePriorYear
Other Revenue Current Year	2369936	OtherRevenueCurrentYear
Total Revenue Prior Year	222908656	TotalRevenuePriorYear
Total Revenue Current Year	221150499	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	3307726	BenefitsPaidToMembersCY
Salaries Etc Prior Year	10194424	SalariesEtcPriorYear
Salaries Etc Current Year	10915131	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	203529270	OtherExpensePriorYear
Other Expenses Current Year	197802061	OtherExpensesCurrentYear
Total Expenses Prior Year	213723694	TotalExpensesPriorYear
Total Expenses Current Year	212024918	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	9184962	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	9125581	RevenuesLessExpensesCY
Total Assets BOY	397674689	TotalAssetsBOY
Total Assets EOY	401346608	TotalAssetsEOY
Total Liabilities BOY	252595792	TotalLiabilitiesBOY
Total Liabilities EOY	250777538	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	145078897	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	150569070	NetAssetsOrFundBalancesEOY
Mission Description	PROVIDE ELECTRICAL SERVICE TO MEMBERS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	212024918	Expense
Description	ENERGYUNITED ELECTRIC MEMBERSHIP CORPORATION IS A RURAL ELECTRIC COOPERATIVE THAT PROVIDES ELECTRICAL SERVICE TO APPROXIMATELY 119,000 CUSTOMERS IN THE WESTERN PIEDMONT AND FOOTHILLS OF NORTH CAROLINA.	Description
Total Program Service Expense	212024918	TotalProgramServiceExpense
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
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	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
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	false	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
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	false	ScheduleORequired
Number Forms Transmitted With1096	74	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	190	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	true	NonDeductibleContributions
Non Deductible Disclosure	true	NonDeductibleDisclosure
Gross Income From Members	221150498	GrossIncomeFromMembers
Gross Income Other Sources	7110901	GrossIncomeOtherSources
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	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
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	true	InvestmentInJointVenture
Written Policy Or Procedure	true	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	ALEC NATT CFO	NamePerson
Telephone Number	7048735241	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	567 MOCKSVILLE HWY	AddressLine1
City	STATESVILLE	City
State	NC	State
ZIP Code	28625	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (24 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
RUFUS WYATT JR
BOARD MEMBER	1.00	X	46704	0	0
CHARLES M HEDRICK
BOARD MEMBER	3.00	X	31624	0	0
JACK B WOOTEN
BOARD MEMBER	1.00	X	29244	0	0
N MACK SHOAF
BOARD MEMBER	8.00	X	26883	0	0
W MAX WALSER
PRESIDENT	6.00	X	24694	0	0	X
JEANETTE OVERBY
SECRETARY	5.00	X	23618	0	0	X
C RICHARD WATTS
BOARD MEMBER	1.00	X	22686	0	0
B GLENN SMITH
BOARD MEMBER	5.00	X	22405	0	0
JIMMY R HORTON
BOARD MEMBER	3.00	X	21607	0	0
JERRY W ANDERSON
BOARD MEMBER	4.00	X	18908	0	0
RONNIE S HARRISON
TREASURER	6.00	X	16165	0	0	X
ANN M ELLER
BOARD MEMBER	2.00	X	15835	0	0
C EDGAR CARTNER
VICE-PRESIDE	3.00	X	15649	0	0	X
EMORY P WINDSOR JR
BOARD MEMBER	2.00	X	10642	0	0
HOWARD W WILKINS
CEO	40.00		348549	0	65404		X
JOSEPH LEACH
VP ENGINEER	40.00		188008	0	17419		X
ALEC NATT
CFO	40.00		184928	0	28930		X
KATHLEEN HART
CIO/VP CUSTO	40.00		173761	0	28900		X
THOMAS TEDROW
VP HUMAN RES	40.00		155998	0	41097		X
TIM HOLDER
VP SALES	40.00		141691	0	26128			X
STEVE MCCACHERN
DIR OF ENGIN	40.00		111482	0	0			X
JAMES L MCDANIEL
DISTRICT LIN	40.00		107669	0	0			X
DOUGLAS G WIKE
DIRECTOR OF	40.00		103696	0	0			X
RICHARD BROADWAY
DIR OF OPER	40.00		101961	0	0			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1944407	TotalReportableCompFromOrg
Total Other Compensation	207878	TotalOtherCompensation
Number Individuals GT100 K	10	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Description Of ServicesDescriptionOfServices	CompensationCompensation
ASPLUNDH TREE SERVICE
R-O-W CLEARING	4288456
PIKE ELECTRIC INC
ELEC PLANT CONS	1977490
METADIGM SERVICES INC
METER READING	1278768
NISC
IT SERVICES	928700
PBO LAND SERVICES LLC
LAND CONSULTING	752301

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	15	NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
ELECTRIC SALES - MEMBERS	210667390	210667390
ELECTRIC SALES - NONMEMBERS	4724855	4724855
FEES AND SERVICE CHARGES	90365	90365

Field	Value	IRS element (for citing)
Total Program Service Revenue	215482610	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	3297953	TotalRevenueColumn
Exclusion	$3,297,953	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
PATRONAGE ALLOCATIONS	1286424	1286424
OTHER	992879	992879
GAIN (LOSS) FROM SUBS. OPER.	90633	90633

Field	Value	IRS element (for citing)
Total Other Revenue	2369936	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	221150499	TotalRevenueColumn
Related Or Exempt Function Income	217852546	RelatedOrExemptFunctionIncome
Exclusion	$3,297,953	ExclusionAmount

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	3307726	Total
Program Services	3307726	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	1944404	Total
Program Services	1944404	ProgramServices

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	4853765	Total
Program Services	4853765	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	1598784	Total
Program Services	1598784	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1965924	Total
Program Services	1965924	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	552254	Total
Program Services	552254	ProgramServices

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	295196	Total
Program Services	295196	ProgramServices

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	131009	Total
Program Services	131009	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	21400	Total
Program Services	21400	ProgramServices

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	6570025	Total
Program Services	6570025	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	494610	Total
Program Services	494610	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1126067	Total
Program Services	1126067	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	129993	Total
Program Services	129993	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	271514	Total
Program Services	271514	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	1363220	Total
Program Services	1363220	ProgramServices

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	23335	Total
Program Services	23335	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	9730590	Total
Program Services	9730590	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	15598485	Total
Program Services	15598485	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	585051	Total
Program Services	585051	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
COST OF POWER	149259750	149259750
PROPERTY/GROSS REC TAX	9050696	9050696
MISCELLANEOUS	1379820	1379820
MAINTENANCE & REPAIRS	1037948	1037948

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	733352	Total
Program Services	733352	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	212024918	Total
Program Services	212024918	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	6458507	BOY
EOY	2185313	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	23164381	BOY
EOY	21553898	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	225840	BOY
EOY	447500	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	4382507	BOY
EOY	4762187	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	491049708	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	150810803	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	332092796	BOY
EOY	340238905	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	10346581	BOY
EOY	10489739	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	14918216	BOY
EOY	15496759	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	6085861	BOY
EOY	6172307	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	397674689	BOY
EOY	401346608	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	25057987	BOY
EOY	27325507	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	185187096	BOY
EOY	180999081	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	42350709	BOY
EOY	42452950	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	252595792	BOY
EOY	250777538	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	145078897	BOY
EOY	150569070	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	145078897	BOY
EOY	150569070	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	397674689	BOY
EOY	401346608	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	9125581	ReconcilationRevenueExpenses
Reconcilation Other Changes	-3635408	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Other Liabilities OtherLiabilities (5 entries)

DescriptionDescription	AmountAmount
DEFERRED CREDITS	$27,407,375
ACCUM. OBLIGATION FOR PENSIONS/BENEF	$8,037,319
CONSUMER DEPOSITS	$3,772,811
OTHER NONCURRENT ACCRUED LIABILITIES	$3,235,445
S/T & LINE-OF-CREDIT BORROWINGS

Field	Value	IRS element (for citing)
Total Of Amounts	42452950	TotalOfAmounts
Total Revenue	221150499	TotalRevenue
Total Expenses	212024918	TotalExpenses
Excess Or Deficit For Year	9125581	ExcessOrDeficitForYear
Other	$3,307,726	OtherAmount
Total Adjustments	3307726	TotalAdjustments
Excess Or Deficit Per FS	12433307	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	221150499	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	221150499	RevenueSubtotal
Total Revenue Per Form990	221150499	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	208717192	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	208717192	ExpensesSubtotal
Other Expenses Not Included	3307726	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	3307726	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	212024918	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
RECONCILIATION OF CHANGES - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 8	BENEFITS TO MEMBERS 3,307,726
EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XIII, LINE 4B	BENEFITS TO MEMBERS 3,307,726

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	true	WrittenPolicyReTAndEExpenses
Substantiation Required	true	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Written Employment Contract	X	WrittenEmploymentContract
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Bonus Filing OrgBonusFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
HOWARD W WILKINS
319849	28700	52650	12754	413953
JOSEPH LEACH
172774	15234	11808	5611	205427
ALEC NATT
168128	16800	13883	15047	213858
KATHLEEN HART
157744	16017	13227	15673	202661
THOMAS TEDROW
142517	13481	29999	11098	197095
TIM HOLDER
128450	13241	10757	15371	167819

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ELECTION OF MEMBERS AND THEIR RIGHTS	FORM 990, PAGE 6, PART VI, LINE 7A	BOARD MEMBERS ELECTED AT ANNUAL MEETING.
DECISIONS SUBJECT TO APPROVAL OF MEMBERS	FORM 990, PAGE 6, PART VI, LINE 7B	BOARD OF DIRECTORS AND/OR STOCKHOLDERS.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	FORM 990 IS REVIEWED BY THE BOARD AT A REGULAR MONTHLY MEETING.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	YES. EMPLOYEE MEETINGS AND EXCEPTION REPORTS.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	YES. USE OF EXTERNAL SALARY SURVEYS AND COMPENSATION CONSULTANTS.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	YES. USE OF EXTERNAL SALARY SURVEYS AND COMPENSATION CONSULTANTS.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	NO DOCUMENTS AVAILABLE TO THE PUBLIC
OTHER CHANGES IN NET ASSETS EXPLANATION	FORM 990, PART XI, LINE 5	NET INCREASE (DECREASE) OF (3,635,408) ATTRIBUTED TO: (3,640,935) UNREALIZED (LOSSES) SFAS 158 (100) NET (LOSSES) ON DERIVATIVES 1,405 NEW MEMBERSHIPS 4,223 DONATED CAPITAL

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Direct Controlling Entity NADirectControllingEntityNA	Controlled OrgControlledOrg
NATIONAL RURAL UTILITIES COOPERATIV
20701 COOPERATIVE WAY	DULLES	VA	20166	BANKING	VA	501C4	N/A	false
NC ELECTRIC MEMBERSHIP CORP
3400 SUMNER BLVD	RALEIGH	NC	27616	WHSE. ENER	NC	501C12	N/A	false

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

Field	Value	IRS element (for citing)
Business Name Line1	ENERGYUNITED SERVICES CORP	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1831	AddressLine1
City	STATESVILLE	City
State	NC	State
ZIP Code	28687	ZIPCode

Field	Value	IRS element (for citing)
EIN	562120568	EIN
Primary Activity	UTIL SVC	PrimaryActivity
Legal Domicile State	NC	LegalDomicileState
Direct Controlling Entity NA	N/A	DirectControllingEntityNA
Type Of Entity	C CORP	TypeOfEntity
Share Of Total Income	1286424	ShareOfTotalIncome
Share Of EOY Assets	23083988	ShareOfEOYAssets
Percentage Ownership	1.00000	PercentageOwnership

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	false	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	true	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	true	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	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	false	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 (6 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved
ENERGYUNITED SERVICES CORP
I	109696
NATL RURAL UTIL COOP FIN CORP
A	760590
NCEMC
G	51904368
TARHEEL ELEC MEMB CORP
G	5463481
FED RURAL ELEC INSUR CORP
G	812843
CO BANK
A	1577890