2025-11-13T08:36:14-05:00 2024-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2024-01-01 560378505 ROANOKE ELECTRIC MEMBERSHIP CORPORATION ROAN 2522092236 518 NC 561 WEST AULANDER NC 27805 MARSHALL CHERRY PRESIDENT & CEO 2522092260 2025-11-06 true false WILLIAM R ROUNTREE P01231836 4787466277 2025-11-13 2024 2025-03-06 01:10:19Z MARSHALL CHERRY PO BOX 1326 AHOSKIE NC 27910 57200666 false X WWW.ROANOKEELECTRIC.COM X 1938 NC ROANOKE EMC: HTTPS://WWW.ROANOKECOOPERATIVE.COM/ABOUT-US/CORPORATE-STRATEGY/ TO PURSUE INNOVATION RELENTLESSLY AND OFFER THE FINEST, MOST RELIABLE, AND COST-EFFICIENT SERVICES IN THE INDUSTRY. THE CO-OP WILL SERVE MEMBER-OWNERS TIRELESSLY AND ENHANCE THEIR LIVES AND COMMUNITIES. OUR VISION IS THAT THE CO-OP WILL COMMIT TO BEING ONE OF OUR MEMBER-OWNERS MOST TRUSTED SERVICE PROVIDERS AND MOST ADMIRED BY ITS PEERS. ROANOKE CONNECT HOLDINGS, LLC DBA FYBE: HTTPS://WWW.GOFYBE.COM/ABOUT-US/WHO-IS-FYBE/ ENABLING EVERY PERSON AND ORGANIZATION IN RURAL NORTH CAROLINA TO ACHIEVE THEIR FULL POTENTIAL AND THRIVE IN THIS DIGITAL AGE WITH THE HIGHEST QUALITY, MOST RELIABLE HIGH-SPEED FIBER-OPTIC SERVICES. 9 9 90 809412 0 45372362 55488278 811622 734311 91481 978077 46275465 57200666 0 583591 9305350 557467 603739 0 0 48215517 51814976 49356575 61724065 -3081110 -4523399 192774384 218226705 146091717 167310142 46682667 50916563 X ROANOKE EMC: HTTPS://WWW.ROANOKECOOPERATIVE.COM/ABOUT-US/CORPORATE-STRATEGY/ TO PURSUE INNOVATION RELENTLESSLY AND OFFER THE FINEST, MOST RELIABLE, AND COST-EFFICIENT SERVICES IN THE INDUSTRY. THE CO-OP WILL SERVE MEMBER-OWNERS TIRELESSLY AND ENHANCE THEIR LIVES AND COMMUNITIES. OUR VISION IS THAT THE CO-OP WILL COMMIT TO BEING ONE OF OUR MEMBER-OWNERS MOST TRUSTED SERVICE PROVIDERS AND MOST ADMIRED BY ITS PEERS. ROANOKE CONNECT HOLDINGS, LLC DBA FYBE: HTTPS://WWW.GOFYBE.COM/ABOUT-US/WHO-IS-FYBE/ ENABLING EVERY PERSON AND ORGANIZATION IN RURAL NORTH CAROLINA TO ACHIEVE THEIR FULL POTENTIAL AND THRIVE IN THIS DIGITAL AGE WITH THE HIGHEST QUALITY, MOST RELIABLE HIGH-SPEED FIBER-OPTIC SERVICES. false false 56676905 TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. 5047160 TO PROVIDE THE BEST POSSIBLE BROADBAND SERVICE TO ALL WHO DESIRE IT AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. 61724065 false false false false false false false false false true false false false true false false true false false false false false false false false false false false true false false false false false false false false false false true true true true false true 48 0 true 90 true true true false false false false 52517682 3036187 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false X HEATHER KINDER 2522092236 518 NC 561 WEST AULANDER NC 27805 ALLEN SPELLER CHAIRMAN 8.35 X X 27350 0 0 ROBERT RIDDICK VICE CHAIRMA 7.23 X X 19450 0 0 DELORES H AMASON SECRETARY/TR 6.50 X X 11550 0 0 KENNETH JERNIGAN ASST. SEC/TR 7.35 X X 15600 0 0 CYNTHIA VAUGHAN DIRECTOR 5.30 X 16750 0 0 CAROLYN BRADLEY DIRECTOR 8.63 X 18550 0 0 DARNELL LEE DIRECTOR 6.96 X 22150 0 0 COLUMBUS JEFFERS DIRECTOR 4.87 X 18100 0 0 MARVA BOND DIRECTOR 4.94 X 17650 0 0 MARSHALL CHERRY PRESIDENT & 50.00 X 351140 0 85450 ROBERT COUGHLIN COO, FYBE 50.00 X 260746 0 75093 JEREMY WHITLEY DIR. FYBE EN 50.00 X 195501 0 42389 JAMES LIVERMAN VP ENG. & OP 50.00 X 201359 0 54427 MARY BETH LAMPE VP CORP SVCS 50.00 X 189779 0 39840 ANGELA GORDAN DIR. CUST. E 50.00 X 181037 0 59328 1546712 356527 6 false true false SOLOMON MARYLAND 611 HILL STREET ROCKY MOUNT NC 27801 HEATING AND AIR 344445 BOOTH ASSOCIATES LLC 2300 REXWOODS DR SUITE 300 RALEIGH NC 27607 ENGINEERING 217785 WINSLOW-WELCH PLLC 416 MORSON ST RALEIGH NC 27601 LEGAL 202869 PROFESSIONAL STAFFING SOLUTIONS PO BOX 594 WASHINGTON NC 27889 STAFFING 198163 REEL BROADBAND LLC 1371 W NEWPORT CENTER DR DEERFIELD BEACH FL 33442 CONSTRUCTION 164515 6 ELECTRIC REVENUE 221000 49720459 49720459 BROADBAND - MEMBER 517000 2642109 2642109 BROADBAND - NONMEMBER 517000 1711957 1711957 CAPITAL CREDITS 221000 1070720 1070720 OTHER ELECTRIC REVENUE 221000 244310 244310 98723 67373 31350 55488278 734311 734311 ARPA GRANT FUNDS - N/M BB 519100 742039 742039 OTHER REVENUE 221000 126509 126509 SUBSIDIARY INCOME/(LOSS) 221000 109529 109529 978077 57200666 55516064 809412 875190 9305350 9305350 603739 603739 7556055 7556055 6417967 6417967 PURCHASED POWER 21068986 21068986 ADMIN. & GENERAL EXP. 6546686 6546686 DISTRIBUTION MAINTENANCE 3380212 3380212 DISTRIBUTION OPERATIONS 2853226 2853226 3991844 3991844 61724065 61724065 0 0 2729216 4912465 6238472 5291797 5103078 9741045 10230131 12102220 2803749 356379 233158883 60348643 156816767 172810240 931149 861155 7663450 8536858 258372 3614546 192774384 218226705 16179105 14298886 166576 110678541 122372347 12500000 22500000 6734071 7972333 146091717 167310142 X 63745 61200 46618922 50855363 46682667 50916563 192774384 218226705 X -4523399 8757295 X false true X true false 662760 662760 232496123 60348643 172147480 172810240 ACCUM PROV FOR PENSION AND BENEFITS 3067266 FINANCING OBLIGATION 2112137 CONSUMER DEPOSITS 1028500 OTHER LONG TERM LIABILITIES 861155 UNCLAIMED CAPITAL CREDITS 529398 OTHER DEFERRED CREDITS 373877 7972333 56458627 56458627 742039 742039 57200666 52418715 52418715 9305350 9305350 61724065 SCHEDULE D, PAGE 4, PART XI, LINE 4B ARPA GRANT FUNDS - N/M BROADBAND 742,039 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 9,305,350 X X X false false false MARSHALL CHERRY PRESIDENT & CEO 300457 30215 20468 53126 32324 436590 ROBERT COUGHLIN COO, FYBE 239948 16450 4348 43323 31770 335839 JEREMY WHITLEY DIR. FYBE ENG IV 175371 11465 8665 27322 15067 237890 JAMES LIVERMAN VP ENG. & OPS 183446 12196 5717 32110 22317 255786 MARY BETH LAMPE VP CORP SVCS 175733 11478 2568 24771 15069 229619 ANGELA GORDAN DIR. CUST. EXP. 162240 10913 7884 28742 30586 240365 FORM 990 - ORGANIZATION'S MISSION ROANOKE EMC: HTTPS://WWW.ROANOKECOOPERATIVE.COM/ABOUT-US/CORPORATE-STRATEGY/ TO PURSUE INNOVATION RELENTLESSLY AND OFFER THE FINEST, MOST RELIABLE, AND COST-EFFICIENT SERVICES IN THE INDUSTRY. THE CO-OP WILL SERVE MEMBER-OWNERS TIRELESSLY AND ENHANCE THEIR LIVES AND COMMUNITIES. OUR VISION IS THAT THE CO-OP WILL COMMIT TO BEING ONE OF OUR MEMBER-OWNERS MOST TRUSTED SERVICE PROVIDERS AND MOST ADMIRED BY ITS PEERS. ROANOKE CONNECT HOLDINGS, LLC DBA FYBE: HTTPS://WWW.GOFYBE.COM/ABOUT-US/WHO-IS-FYBE/ ENABLING EVERY PERSON AND ORGANIZATION IN RURAL NORTH CAROLINA TO ACHIEVE THEIR FULL POTENTIAL AND THRIVE IN THIS DIGITAL AGE WITH THE HIGHEST QUALITY, MOST RELIABLE HIGH-SPEED FIBER-OPTIC SERVICES. FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7A THE COOPERATIVE HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE BOARD WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM. FORM 990, PAGE 6, PART VI, LINE 12C THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE MEMBER-ELECTED BOARD. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE CEO. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18. FORM 990, PART XI, LINE 9 DONATED CAPITAL 133,659 MEMBERSHIP FEES -2,545 OCI 134,459 OTHER EQUITIES 287,563 PATRONAGE CAPITAL CREDITS 9,305,350 PATRONAGE CAPITAL RETIREMENTS -359,152 ARPA GRANT FUNDS - N/M BROADBAND -742,039 TOTAL 8,757,295 ROANOKE CONNECT HOLDINGS LLC D/B/A FYBE 518 NC 561 WEST AULANDER NC 27805 812893509 BROADBAND NC 4368052 1593759 ROANOKE EM ROANOKE ECONOMIC DEVELOPMENT INC 518 NC 561 WEST AULANDER NC 27805 562182551 CHARITABLE NC 501C3 7 NA false ROANOKE ELECTRIC CARE TRUST INC PO BOX 1326 AHOSKIE NC 279101326 561908185 CHARITY NC 501C3 7 NA false ROANOKE ENERGY RESOURCES INC 518 NC 561 WEST AULANDER NC 27805 562183341 ONLINE PRO NC N/A true false false false true false false false false false false false false false false true false false false false ROANOKE ECONOMIC DEVELOPMENT INC O 298216 FULLY LOADED COST ROANOKE ELECTRIC CARE TRUST INC O 2326 FULLY LOADED COST ROANOKE ECONOMIC DEVELOPMENT INC D 2250158 COST ROANOKE ENERGY RESOURCES INC D 2860630 COST SCHEDULE R ROANOKE ENERGY RESOURCES, INC. ROANOKE ENERGY RESOURCES, INC. (RERI) IS A FOR-PROFIT WHOLLY-OWNED SUBSIDIARY OF THE COOPERATIVE ORGANIZED FOR THE PURPOSE OF PROVIDING PRODUCTS AND SERVICES OUTSIDE THE TAX-EXEMPT PURPOSE OF THE PARENT. RERI HAS NO EMPLOYEES AND OPERATES UNDER A SHARED SERVICES AGREEMENT WITH THE COOPERATIVE. ROANOKE ECONOMIC DEVELOPMENT, INC. ROANOKE ECONOMIC DEVELOPMENT, INC. (REDI) IS A NOT-FOR-PROFIT ENTITY ORGANIZED TO PROVIDE COMMUNITY SUPPORT AND ECONOMIC DEVELOPMENT IN THE COOPERATIVE'S SERVICE AREA. REDI IS AFFILIATED WITH THE COOPERATIVE THROUGH A COMMON BOARD OF DIRECTORS. REDI HAS NO EMPLOYEES AND OPERATES UNDER A SHARED SERVICES AGREEMENT WITH THE COOPERATIVE. ROANOKE ELECTRIC CARE TRUST: THE COOPERATIVE'S MEMBERS CAN PARTICIPATE IN AN OPERATION ROUNDUP PROGRAM AND HAVE THEIR ELECTRIC BILL ROUNDED TO THE NEXT HIGHEST WHOLE DOLLAR EACH MONTH. THESE FUNDS ARE TREATED AS CONTRIBUTIONS TO ROANOKE ELECTRIC CARE TRUST, INC. (THE TRUST), A NONPROFIT 501(C)(3) ORGANIZATION. THE TRUST MAINTAINS A SEPARATE BOARD OF DIRECTORS WHICH APPROVES CHARITABLE ASSISTANCE TO THE AREAS SERVED BY THE COOPERATIVE. THE TRUST HAS NO EMPLOYEES. THE TRANSACTIONS BETWEEN THE COOPERATIVE AND THE TRUST REPORTED ON SCHEDULE R, PART V (CODE O) REPRESENT THE VALUE OF THE SERVICES, AT FULLY LOADED COST, DONATED BY THE CORPORATION TO THE TRUST.