2011-11-15T11:08:51-08:00 2010-12-31 ADAMS JENKINS CHEATHAM PC 231 WYLDEROSE DR MIDLOTHIAN VA 231136845 990 2010-01-01 560993598 TIDELAND ELECTRIC MEMBERSHIP CORPORATION TIDE 2529433046 PO BOX 159 PANTEGO NC 27860 Cecil O Smith Jr 2011-11-15 G STEVEN GILLIAM CPA 8043231313 2010 2016-02-24 21:20:13Z Cecil O Smith Jr 25831 US Highway 264 East Pantego NC 27860 47550227 false false X WWW.TIDELANDEMC.COM X 1941 NC Safe and effective distribution of electricity to the members of TEMC 11 11 94 0 0 42763100 47312543 66533 101513 96186 112525 42925819 47526581 15330 0 6190434 5863852 0 0 32208447 36899101 38398881 42778283 4526938 4748298 98020337 98954067 67182551 65722806 30837786 33231261 Safe and effective distribution of electricity to the members of TEMC false false Sale and distribution of electricity to members of TEMC 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 true false false false false false false false false false true true true false false true 44 0 true 94 true false false false false false false false false false false false 45544174 1898628 false false false false X 11 11 false false false false true true true true true false false false true true true true true true true true false false X Tideland EMC 2529433046 PO Box 159 Pantego NC 27860 Wayne Sawyer 8.00 X 12850 0 0 Rudy Austin 7.00 X 10650 0 0 Ray Hamilton 15.00 X X 18650 0 0 Paul Sasnett 6.00 X X 9100 0 0 Mark Carawan 7.00 X 9700 0 0 Leon Bryant 9.00 X 13150 0 0 Jimmy Burbage 6.00 X 9150 0 0 Jill Lee 40.00 X 82235 0 60811 J Douglas Brinson 13.00 X X 15450 0 0 Garry Jordan 4.00 X 10500 0 0 David Ipock 3.00 X 10800 0 0 Clifton Paul 8.00 X X 11700 0 0 Cecil O Smith Jr 40.00 X 137548 0 53536 351483 114347 1 false true false Stokes Land Clearing Inc 3204 Joe Stocks Rd Greenville NC 27858 Land clearing 178738 MasTec Inc PO BOX 277124 ATLANTA GA 303847124 LINE CONSTRUCTION 1326435 Lewis Tree Service Inc PO BOX 8000 DEPT 886 BUFFALO NY 14267 TREE TRIMMING 1022563 CRISP PAGE & CURRIN LLP 4010 BARRETT DRIVE SUITE 205 RALEIGH NC 276096622 LEGAL SERVICES 120285 Bellweather Management Soultions LLC PO Box 2176 Cornelius NC 28031 METER READING & CONS 313390 5 0 SALE OF ELECTRICITY 45544174 45544174 CONTRIBUTIONS IN AID 1645194 1645194 CAPITAL CREDITS RECEIVED 123175 123175 47312543 41959 41959 0 0 5100 107425 5100 107425 112525 5100 107425 83200 23646 59554 59554 59554 0 0 0 0 47526581 47317643 208938 15330 0 0 0 465830 0 3694808 801445 588602 313167 0 147934 0 0 0 0 0 0 0 0 0 0 0 0 0 2551971 0 3036750 0 Taxes 1717735 Distribution Operation 636985 Distribution Maintenance 1441112 Cost of power 25538951 Admin & General 3068842 -1241179 42778283 0 0 0 1757975 1205776 0 0 5879590 5276902 0 0 1197170 1144565 1680072 1319330 2489610 1954692 99582541 16406684 80635242 83175857 0 196692 196692 3139556 3635955 0 1044430 1044298 98020337 98954067 3451096 3295515 46839057 50288774 16892398 12138517 67182551 65722806 X 30837786 33231261 30837786 33231261 98020337 98954067 X 4748298 -2354823 X false true true X false false 783662 783662 3063406 1525671 1537735 95735473 14881013 80854460 83175857 Investment in CFC-CTCs 884884 C Patronage capital - TEMA 472654 C Patronage capital - NCEMC 1899114 C Patronage capital - CFC 379303 C Post retirement benefits 6752021 Deferred credits 1478757 Customer Deposits and Prepayments 1073392 Advances on LOC 2000000 Accrued taxes 25131 Accrued Payroll 730932 Accrued Interest Payable 78284 12138517 47526581 42778283 4748298 -1209804 -1209804 3538494 46416777 46416777 1109804 1109804 47526581 42878283 42878283 -100000 -100000 42778283 Part XII, Line 4b Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Contributions in Aid of Construction $1645194 Conversion to cash patronage received $-535390 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances PATRONAGE ADJUSTMENT FOR CASH REC. $535390 Cont. in Aid of Construction $ -1645194 Loss on Equity Investments $ -100000 Change in unrealized loss $ -543015 RETIREMENT OF CAPITAL CREDITS $ -602004 Tideland Elec Care Tru 25831 HWY 264 East Pantego NC 27860 562118287 3 15330 0 Fair Market Value Charitable and Educational Support 1 0 X X X X X false false false Cecil O Smith Jr 137548 39679 13857 137548 53536 Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. Ray Hamilton Computer Purchase X 760 538 false false true 538 990 Part VII Section A Tideland EMC maintains a membership in the name of the board president Ray Hamilton at a local club in order to have access to an off-site facility to conduct meetings. The total dues paid during 2010 amounted to $2,518. Form 990, Part VI, Line 19 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. Form 990, Part VI, Line 15b 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 12c 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 11 Form 990, Part VI, Line 11: 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 7a 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 6 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. 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 true false Tideland Electric Care Trust Inc q 39371 Cost Tideland Electric Care Trust Inc b 15330 Fair Market Val