2025-07-25T10:30:28-04:00 2024-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2024-01-01 561189186 NORTH CAROLINA ASSOCIATION OF ELECTRIC COOPERATIVES INC NORT 9198720800 3400 SUMNER BOULEVARD RALEIGH NC 27616 CHARLES E BAYLESS SVP GENERAL COUNSEL 9198720800 2025-06-04 true false WILLIAM R ROUNTREE P01231836 4787466277 2025-07-25 2024 2025-03-06 01:10:19Z JOSEPH P BRANNAN 3400 SUMNER BOULEVARD RALEIGH NC 27616 13853229 false X HTTPS://WWW.NCELECTRICCOOPERATIVES.COM X 1977 NC PROVIDE PROGRAMS AND SERVICES IN SUPPORT OF RURAL ELECTRIFICATION 52 52 0 3336828 235231 245755 11004198 11264140 30314 37747 2177209 2305586 13446952 13853228 0 0 0 0 0 12822225 13227944 12822225 13227944 624727 625284 4277399 4750377 579516 427210 3697883 4323167 X PROVIDE PROGRAMS AND SERVICES IN SUPPORT OF RURAL ELECTRICIFATION false false 3936122 MEMBER SERVICES - CONDUCTED WORKSHOPS, TRAINING SESSIONS AND SPECIAL PROJECTS TO PROVIDE PERSONNEL OF MEMBER COOPERATIVES OPPORTUNITIES TO ENHANCE WORK SKILLS, JOB KNOWLEDGE AND PERFORMANCE. 5945801 CAROLINA COUNTRY MAGAZINE - PROVIDED MONTHLY MAGAZINE, APPROXIMATELY 720,000 COPIES PER MONTH, TO CUSTOMERS OF MEMBER COOPERATIVES. 1479083 JOB TRAINING & SAFETY - PROVIDED JOB AND SAFETY TRAINING FOR LINEMAN AND OTHER OPERATIONS PERSONNEL OF MEMBER COOPERATIVES. ALSO, PROVIDED PROGRAMS FOR YOUTH VOLUNTEERS, WOMEN'S GROUPS AND LOCAL CO-OP PERSONNEL TO STRENGTHEN THE ELECTRIC COOPERATIVE EFFORT IN NORTH CAROLINA. 1866938 COOPERATIVE INSIGHTS - PROVIDE ANALYTICAL AND OTHER ENERGY-RELATED SERVICES TO ELECTRIC COOPERATIVE MEMBERS AND NONMEMBERS. 1866938 13227944 false false false true false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false true false false false false false true false false true 20 0 0 true true false false false false false false false X 52 52 false true false false true true true true true false false true true true true true true true true false NC X DOUG BROWNE CFO 8198720800 3400 SUMNER BOULEVARD RALEIGH NC 27616 X JOSEPH P BRANNAN EVP AND CEO 6.00 50.00 X 0 1587879 140417 LARK S JAMES SVP AND CFO 6.00 50.00 X 0 560612 139152 CHARLES E BAYLESS SVP GENERAL 6.00 50.00 X 0 361073 118879 MICHAEL YOUTH ASSIST. SEC. 6.00 50.00 X 0 234119 69228 TIMOTHY DODGE ASSIST. SEC. 6.00 50.00 X 0 200632 76289 NELLE HOTCHKISS SVP AND COO 30.00 26.00 X 0 391012 137497 S DIRK BURLESON PRESIDENT 2.00 X X 0 0 0 TAMMIE PHILLIPS VICE PRESIDE 2.00 X X 0 0 0 WINSTON HOWELL SECRETARY/TR 2.00 X X 0 0 0 GREG ANDRESS DIRECTOR 2.00 X 0 0 0 WILLIAM E ASKEW DIRECTOR 2.00 X 0 0 0 TOM BATCHELOR DIRECTOR 2.00 X 0 0 0 J DEAN CARPENTER DIRECTOR 2.00 X 0 0 0 JOHN CHANDLER DIRECTOR 2.00 X 0 0 0 MARSHALL CHERRY DIRECTOR 2.00 X 0 0 0 J DOUGLAS BRINSON DIRECTOR 2.00 X 0 0 0 TOMMY DALRYMPLE DIRECTOR 2.00 X 0 0 0 J MICHAEL DAVIS DIRECTOR 2.00 X 0 0 0 CALVIN DUNCAN DIRECTOR 2.00 X 0 0 0 SUSAN E FLYTHE DIRECTOR 2.00 X 0 0 0 DON GATTON DIRECTOR 2.00 X 0 0 0 THOMAS GOLDEN DIRECTOR 2.00 X 0 0 0 KELLY HARRINGTON DIRECTOR 2.00 X 0 0 0 KEVIN HEATH DIRECTOR 2.00 X 0 0 0 DOUGLAS W JOHNSON DIRECTOR 2.00 X 0 0 0 RICHARD H JOHNSON DIRECTOR 2.00 X 0 0 0 JEFFREY B JOINES DIRECTOR 2.00 X 0 0 0 JACOB JOPLIN DIRECTOR 2.00 X 0 0 0 J RANDY KINLEY DIRECTOR 2.00 X 0 0 0 CARL W KORNEGAY JR DIRECTOR 2.00 X 0 0 0 AMY LOCK DIRECTOR 2.00 X 0 0 0 TUCKER LEMLEY DIRECTOR 2.00 X 0 0 0 ERICE LOCKLEAR DIRECTOR 2.00 X 0 0 0 JON T LOCKLEAR DIRECTOR 2.00 X 0 0 0 JEFFREY LOVEN DIRECTOR 2.00 X 0 0 0 DENNIS MABE DIRECTOR 2.00 X 0 0 0 JAMES E MANGUM JR DIRECTOR 2.00 X 0 0 0 RICHARD A MIDGETT DIRECTOR 2.00 X 0 0 0 ALLEN NELSON DIRECTOR 2.00 X 0 0 0 EDDIE OLDHAM DIRECTOR 2.00 X 0 0 0 JORDAN OVERBEE DIRECTOR 2.00 X 0 0 0 KAROLINE OVERBY DIRECTOR 2.00 X 0 0 0 JOHN L PIERCE DIRECTOR 2.00 X 0 0 0 ELBERT RAY PITT JR DIRECTOR 2.00 X 0 0 0 W GREG PUCKETT DIRECTOR 2.00 X 0 0 0 GARY RAY DIRECTOR 2.00 X 0 0 0 BRIAN SISSON DIRECTOR 2.00 X 0 0 0 LUCAS SORRELLS DIRECTOR 2.00 X 0 0 0 CHRISTOPHER SPEARS DIRECTOR 2.00 X 0 0 0 ALLEN W SPELLER DIRECTOR 2.00 X 0 0 0 JOHN W SPENCE DIRECTOR 2.00 X 0 0 0 DONALD H SPIVEY DIRECTOR 2.00 X 0 0 0 PAUL SPRUILL DIRECTOR 2.00 X 0 0 0 MARK A SUGGS DIRECTOR 2.00 X 0 0 0 KENNETH THORTON JR DIRECTOR 2.00 X 0 0 0 DENT TURNER DIRECTOR 2.00 X 0 0 0 BASIL WILLIAMS DIRECTOR 2.00 X 0 0 0 JOSH WINSLOW DIRECTOR 2.00 X 0 0 0 3335327 681462 false true false 245755 245755 CAROLINA COUNTRY MAGAZINE 513120 5143902 5143902 MEMBERSHIP DUES AND FEES 561000 3932580 3932580 JOB TRAINING & SAFETY 611430 1156416 1156416 CAROLINA COUNTRY MAG. ADV. 513120 1031242 1031242 11264140 37747 37747 56 1 55 55 COOPERATIVE INSIGHTS 541610 2305531 2305531 2305531 13853228 10232898 3336828 37747 6152703 6152703 39165 39165 909576 909576 10024 10024 673389 673389 795 795 183626 183626 18939 18939 84833 84833 PUBLICATON EXPENSES 3861440 3861440 MISC. GENERAL EXPENSES 651040 651040 PROFESSIONAL FEES 548747 548747 DUES AND SUBSCRIPTIONS 93667 93667 13227944 13227944 0 0 2291470 3055136 1742355 1414087 98160 97230 833714 675752 139071 157962 6343 25962 4277399 4750377 356511 317954 206890 92779 16115 16477 579516 427210 X 3697883 4323167 3697883 4323167 4277399 4750377 625284 X false true X true false true false false SCHEDULE C, PART IV MEMBERSHIP DUES ARE PAID BY THE ORGANIZATION'S MEMBERS, ALL OF WHICH ARE TAX-EXEMPT UNDER IRC SECTION 501(C)(12). 563075 445248 117827 270639 230504 40135 157962 ACCRUED EXPENSES 16477 16477 13853228 13853228 13853228 13227944 13227944 13227944 X X X false false false JOSEPH P BRANNAN EVP AND CEO 1587879 140417 1728296 LARK S JAMES SVP AND CFO 560612 139152 699764 CHARLES E BAYLESS SVP GENERAL COUNSEL 361073 118879 479952 MICHAEL YOUTH ASSIST. SEC./TREAS. 234119 69228 303347 TIMOTHY DODGE ASSIST. SEC./TREA. 200632 76289 276921 NELLE HOTCHKISS SVP AND COO NCAEC 391012 137497 528509 SEE SCHEDULE L PART V false SCHEDULE L, PART V THE INDIVIDUALS WHO SERVE AS THE BOARD OF DIRECTORS OF NCAEC ARE ALSO DIRECTORS, OFFICERS OR KEY EMPLOYEES OF NCAEC'S MEMBER COOPERATIVES AND MAY BE DIRECTORS OF RELATED ENTITIES. NCAEC DOES NOT PROVIDE ANY COMPENSATION TO ITS DIRECTORS. NCAEC DOES NOT DIRECTLY COMPENSATE NOR HAS IT UNDERTAKEN ANY SINGLE TRANSACTION IN EXCESS OF 10,000 OR A SERIES OF TRANSACTIONS IN EXCESS OF 100,000 TO ANY INTERESTED PERSON, INCLUDING CURRENT AND FORMER OFFICERS, DIRECTORS AND FAMILY MEMBERS OF CURRENT AND FORMER OFFICERS. FORM 990, PAGE 2, PART III, LINE 4D COOPERATIVE INSIGHTS - PROVIDE ANALYTICAL AND OTHER ENERGY-RELATED SERVICES TO ELECTRIC COOPERATIVE MEMBERS AND NONMEMBERS. FORM 990, PAGE 6, PART VI, LINE 1A THE ORGANIZATION HAS AN EXECUTIVE COMMITTEE WHICH IS COMPRISED OF THE BOARD PRESIDENT, VICE PRESIDENT, SECRETARY/TREASURER, AS WELL AS SIX OTHER BOARD MEMBERS WHICH SERVE STAGGERED THREE YEAR TERMS. FORM 990, PAGE 6, PART VI, LINE 3 THE COMPANY RECEIVES MANAGEMENT AND STAFFING SERVICES FROM NORTH CAROLINA ELECTRIC MEMBERSHIP CORPORATION (NCEMC), AN AFFILIATED ENTITY. AS NOTED BELOW, THE COMPANY DOES NOT HAVE ANY EMPLOYEES AND RECEIVES STAFFING SERVICES FROM NCEMC IN ADDITION TO CHARGES FOR THE USE OF SHARED FACILITIES. FORM 990, PAGE 6, PART VI, LINE 6 NCAEC IS A MEMBER-OWNED 501(C)(6) ORGANIZATION OWNED BY 26 NORTH CAROLINA ELECTRIC MEMBERSHIP CORPORATIONS (ITS "MEMBERS"). FORM 990, PAGE 6, PART VI, LINE 7A THE COMPANY'S BOARD OF DIRECTORS IS COMPRISED OF 52 DIRECTORS REPRESENTING THE GENERAL MANAGER OR CHIEF EXECUTIVE OFFICER FROM EACH OF THE 26 MEMBERS AND 26 DIRECTORS SELECTED FROM THE BOARD OF DIRECTORS FROM EACH OF THE 26 MEMBERS. THE BOARD OF DIRECTORS ELECTS THE OFFICERS OF THE BOARD. FORM 990, PAGE 6, PART VI, LINE 7B DECISIONS BY THE BOARD OF DIRECTORS ARE SUBJECT TO THE APPROVAL OF A MAJORITY OF THE BOARD MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE 2022 FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING AND THE FORM IS AVAILABLE UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 12C THE COMPANY HAS A CONFLICT OF INTEREST POLICY IN PLACE FOR ALL STAFF AND MEMBERS OF THE BOARD OF DIRECTORS. DIRECTORS, OFFICERS AND SENIOR MANAGEMENT ARE REQUIRED TO ANNUALLY DISCLOSE, VIA A WRITTEN QUESTIONAIRE, ANY CONFLICTS OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPANY HAS NO EMPLOYEES. THE INDIVIDUALS LISTED IN SCHEDULE J RECEIVE COMPENSATION FROM A RELATED ENTITY. AS SUCH, THE COMPENSATION RECEIVED FROM THAT RELATED ENTITY IS DISCLOSED IN SCHEDULE J. FORM 990, PAGE 6, PART VI, LINE 15B THE COMPANY HAS NO EMPLOYEES. THE INDIVIDUALS LISTED IN SCHEDULE J RECEIVE COMPENSATION FROM A RELATED ENTITY. AS SUCH, THE COMPENSATION RECEIVED FROM THAT RELATED ENTITY IS DISCLOSED IN SCHEDULE J. FORM 990, PAGE 6, PART VI, LINE 19 NCAEC'S GOVERNING DOCUMENTS ARE AVAILABLE ON THE NORTH CAROLINA SECRETARY OF STATE'S WEBSITE. ALL OTHER INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PAGE 7, PART VII NORTH CAROLINA ELECTRIC MEMBERSHIP CORPORATON (NCEMC) PROVIDES STAFFING SERVICES TO THE COMPANY IN ACCORDANCE WITH A MANAGEMENT AGREEMENT BETWEEN THE PARTIES. MANAGEMENT FEES, WHICH INCLUDE ALLOCABLE COMPENSATION OF CERTIAN MEMBERS OF NCEMC EXECUTIVE MANAGEMENT, ARE CHARGED AT COST. NORTH CAROLINA ELECTRIC MEMBERSHIP 3400 SUMNER BOULEVARD RALEIGH NC 27616 560995910 SALE OF EL NC 501C12 NA NO false THE TARHEEL ELECTRIC MEMBERSHIP 3400 SUMNER BOULEVARD RALEIGH NC 27616 560575465 MATERIAL A NC N/A C CORP false false false false false false false false false false false false true true true true true true false false