2026-07-28T09:09:37-04:00 2025-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2025-01-01 560378505 ROANOKE ELECTRIC MEMBERSHIP CORPORATION ROAN 2522092236 518 NC 561 WEST AULANDER NC 27805 MARSHALL CHERRY PRESIDENT & CEO 2522092260 2026-07-23 true WILLIAM R ROUNTREE P01231836 4787466277 2026-07-28 2025 2025-03-06 01:10:19Z MARSHALL CHERRY PO BOX 1326 AHOSKIE NC 27910 63432743 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 88 3395466 0 55488278 60034804 734311 110284 978077 3287655 57200666 63432743 0 9305350 7251901 603739 591635 0 0 51814976 59675926 61724065 67519462 -4523399 -4086719 218226705 223217401 167310142 169971186 50916563 53246215 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 true 61100629 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. 6418833 TO PROVIDE THE BEST POSSIBLE BROADBAND SERVICE TO ALL WHO DESIRE IT AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. 67519462 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 59 0 true 88 true true true false false false false 55521350 2497985 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 7.53 X X 22650 0 0 ROBERT RIDDICK VICE CHAIRMA 8.02 X X 17400 0 0 MARVA BOND SECRETARY/TR 4.75 X X 16950 0 0 CYNTHIA VAUGHAN ASST. SEC/TR 5.51 X X 13000 0 0 CAROLYN BRADLEY DIRECTOR 7.67 X 20100 0 0 DELORES H AMASON DIRECTOR 4.33 X 8850 0 0 COLUMBUS JEFFERS DIRECTOR 6.60 X 19200 0 0 TIMOTHY HARDY DIRECTOR (AU 1.24 X 4400 0 0 ROBERT BRIAN SAVAGE DIRECTOR (NO 0.68 X 1850 0 0 DARNELL LEE DIRECTOR (JA 3.07 X 7300 0 0 KENNETH JERNIGAN DIRECTOR (JA 3.17 X 9000 0 0 MARSHALL CHERRY PRESIDENT & 50.00 X 359579 0 91356 ROBERT COUGHLIN COO 50.00 X 258118 0 49318 JEREMY WHITLEY DIR. RC NET. 50.00 X 241514 0 53114 JAMES LIVERMAN VP ENG. & OP 50.00 X 208823 0 58259 WISAM SAID DIR, RC FIEL 50.00 X 226144 0 52829 ANGELA GORDAN DIR. CUST. E 50.00 X 239346 0 53782 1674224 358658 38 false true false ELECTRICOM 1660 W HOSPITAL RD PO BOX 319 PAOLI IN 47454 CONSTRUCTION 8600000 REEL BROADBAND LLC 14480 62ND ST N STE A CLEARWATER FL 33760 CONSTRUCTION 3225424 XYLEM INC XYLEM TREE EXPERT 208 E PLUME ST SUITE 250 NORFOLK VA 23510 RIGHT OF WAY 1221252 TBG NETWORK SERVICES 8400 W SUNSET RD STE 300 LAS VEGAS NV 89113 ENGINEERING 966113 ADVANCED TECH SOLUTION LLC 148 LAUTEN LOOP MADISON NC 27025 CONSTRUCTION 893423 14 ELECTRIC REVENUE 221000 53802617 53802617 BROADBAND - NONMEMBER 517000 1937837 1937837 BROADBAND - MEMBER 517000 1691371 1691371 CAPITAL CREDITS 221000 1172286 1172286 POLE RENTAL & ACCESS - MEMBER 221000 1154939 1154939 275754 205044 70710 60034804 110284 110284 ARPA GRANT FUNDS - N/M BB 519100 3324756 3324756 OTHER REVENUE 221000 307075 307075 INCOME FROM TAXABLE SUB 221000 64699 64699 -408875 -408875 3287655 63432743 58772054 3395466 1265223 X 7251901 7251901 591635 591635 7605708 7605708 7140871 7140871 UBIT 3324756 3324756 PURCHASED POWER 24523281 24523281 A&G EXPENSE - ELECTRIC 5513104 5513104 DISTRIBUTION MAINTENANCE 3748404 3748404 7819802 7819802 67519462 67519462 0 0 4912465 4494174 5291797 7330256 9741045 24112867 12102220 980822 356379 611077 240439487 68282890 172810240 172156597 861155 926972 8536858 9351545 3614546 3253091 218226705 223217401 14298886 8908180 166576 122372347 148971773 22500000 5000000 7972333 7091233 167310142 169971186 X 61200 60545 50855363 53185670 50916563 53246215 218226705 223217401 X -4086719 6416371 X X false true X true true true 662760 662760 239776727 68282890 171493837 172156597 ACCUM PROV FOR PENSION AND BENEFITS 2772392 FINANCING OBLIGATION 1673368 CONSUMER DEPOSITS 944758 OTHER LONG TERM LIABILITIES 926972 OTHER DEFERRED CREDITS 569139 UNCLAIMED CAPITAL CREDITS 204604 7091233 60107987 60107987 3324756 3324756 63432743 56942805 56942805 10576657 10576657 67519462 SCHEDULE D, PAGE 4, PART XI, LINE 4B ARPA GRANT FUNDS - N/M BB 3,324,756 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 7,251,901 ARPA GRANT - ENCORE TRANSFER 1,141,355 ARPA GRANT - CONTRACTOR COSTS 2,183,401 X X X false false false MARSHALL CHERRY PRESIDENT & CEO 312494 20477 26608 56831 34525 450935 ROBERT COUGHLIN COO 149791 10667 97660 26516 22802 307436 JEREMY WHITLEY DIR. RC NET. ENG. IV 184165 7687 49662 27123 25991 294628 JAMES LIVERMAN VP ENG. & OPS 193291 8468 7064 34275 23984 267082 WISAM SAID DIR, RC FIELD OPS 168891 7374 49879 26942 25887 278973 ANGELA GORDAN DIR. CUST. EXP. 175088 7269 56989 30125 23657 293128 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 2, PART III, LINE 3 THE CORPORATION CEASED ITS TELECOMMUNICATIONS OPERATIONS EFFECTIVE JULY 31, 2025 BY TRANSFERRING TITLE TO CERTAIN FIBER RELATED INVENTORY AND CUSTOMER PREMISES EQUIPMENT IN EXCHANGE FOR AN INSTALLMENT NOTE FROM ENCORE CONNECTS (ENCORE), A 501C3 ORGANIZATION. 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 IX, LINE 24E DISTRIBUTION OPERATIONS 3,068,986 0 0 A&G EXPENSE - BB 2,129,511 0 0 CONSUMER ACCOUNTS 1,307,374 0 0 COST OF REV - BROADBAND 964,566 0 0 CUSTOMER SVC & INFO. EXP 219,294 0 0 OTHER 130,071 0 0 TOTAL 7,819,802 0 0 FORM 990, PART XI, LINE 9 DONATED CAPITAL 317,171 MEMBERSHIP FEES -655 OCI 157,259 OTHER EQUITIES 27,122 PATRONAGE CAPITAL CREDITS 7,251,901 ARPA GRANT CONTRACTOR COSTS 2,183,401 ARPA GRANT - ENCORE TRANSFER 1,141,355 PATRONAGE CAPITAL RETIREMENTS -1,336,427 ARPA GRANT FUNDS - N/M BB -3,324,756 TOTAL 6,416,371 FORM 990, PART XII ROANOKE CONNECT HOLDINGS, AS THE SUBRECIPIENT OF ARPA GRANTS, UNDERWENT A COMPLIANCE AUDIT UNDER 2.CFR PART 200 SUBPART F FOR THE YEAR ENDED DECEMBER 31, 2025. ROANOKE CONNECT HOLDINGS LLC D/B/A FYBE 518 NC 561 WEST AULANDER NC 27805 812893509 BROADBAND NC 3452596 2319326 REMC 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 O&M 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 393182 FULLY LOADED COST ROANOKE ELECTRIC CARE TRUST INC O 2440 FULLY LOADED COST ROANOKE ECONOMIC DEVELOPMENT INC D 2520369 COST ROANOKE ENERGY RESOURCES INC D 2668901 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 HAS NO EMPLOYEES AND OPERATES UNDER A SHARED SERVICES AGREEMENT WITH THE COOPERATIVE. THE REDI BOARD CONSISTS OF FOUR BOARD MEMBERS OF ROANOKE ELECTRIC MEMBERSHIP CORPORATION AND FIVE INDEPENDENT BOARD MEMBERS. THE CORPORATION HAS A LONG-TERM PAYABLE DUE FROM REDI, WHICH IS BEING FORMALIZED 30-YEAR NOTE TO BE FUNDED THROUGH ADMINISTRATIVE FEES ADDED TO ALL FUTURE REDI GRANT APPLICATIONS. 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.