2026-04-23T09:13:27-04:00 2025-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2025-01-01 560421795 SURRY-YADKIN ELECTRIC MEMBERSHIP CORPORATION SURR 3363568241 PO BOX 305 DOBSON NC 270170305 WILLIAM GREGORY PUCKETT EXECUTIVE VP & GM 3363568241 2026-04-22 true JASON A PEACOCK P00978537 4787466277 2026-04-23 2025 2025-03-06 01:10:19Z WILLIAM GREGORY PUCKETT PO BOX 305 DOBSON NC 27017 69155272 false X WWW.SYEMC.COM X 1940 NC PROVIDE OUTSTANDING SERVICE THAT POWERS OUR RURAL COMMUNITIES 10 10 86 0 0 62458984 67617940 405571 219734 340126 1317598 63204681 69155272 0 630687 4791373 669799 675887 0 0 61544960 63925608 62845446 69392868 359235 -237596 181413293 188079792 112925716 116613617 68487577 71466175 TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. false false TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. false false false false false false false false false true false true false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 51 0 true 86 true false false false false false 66326262 436393 false false false X 10 10 false false false false true true true true true false false true true true true true true true true false X X SURRY-YADKIN EMC 3363568241 510 SOUTH MAIN STREET DOBSON NC 27017 X WILLIAM GREGORY PUCKETT EXECUTIVE VP 50.00 X 356635 0 136642 RICHARD BRYON KENNEDY ASSISTANT MA 45.00 X 216691 0 68273 MISTY UTT VP OF FINANC 45.00 X 191799 0 85226 MICAH MILLS VP OF OPERAT 45.00 X 168312 0 72433 MATTHEW BURKE JOURNEY LINE 45.00 X 147862 0 49480 JODY NORMAN APPARATUS TE 45.00 X 137117 0 50654 KAROLINE OVERBY PRESIDENT 6.00 X X 23550 0 0 SANDY WELBORN DIRECTOR 6.00 X 23550 0 0 STEPHEN HUTSON DIRECTOR 5.00 X 19920 0 0 STEPHEN JOYCE DIRECTOR 5.00 X 19920 0 0 DAVID PENDRY DIRECTOR 5.00 X 19920 0 0 EDDIE CAMPBELL VICE PRESIDE 5.00 X X 19590 0 0 BRENDA HARDY SECRETARY 4.00 X X 18270 0 0 ALVIN REID JR DIRECTOR 3.00 X 17280 0 0 DAVID MILLER TREASURER 3.00 X X 16620 0 0 WILLARD SWIFT DIRECTOR 1.00 X 3990 0 0 1401026 462708 31 false true false PIKE ELECTRIC PO BOX 746308 ATLANTA GA 30374 CONSTRUCTION 3661416 JOHN LUCAS TREE EXPERT CO PO BOX 958 PORTLAND ME 04105 ROW TRIMMING 3084459 CAROLINA CLEARING & TREE SERVICE PO BOX 1772 MOUNT AIRY NC 27030 ROW 651298 TOP GUN APPLICATION SERVICES LLC 160 EUBANKS FARM RD INMAN SC 29439 ROW SPRAYING 379460 ALLEGIANT UTILITY SERIVCES INC 14319 GREGG MANOR RD STE 101 MANOR TX 78653 METERS INSTALL. 352744 13 ELECTRIC SERVICE REVENUE 221000 66326262 66326262 G & T CAPITAL CREDITS 221000 850536 850536 OTHER CAPITAL CREDITS 221000 236855 236855 POLE RENTAL 221000 204287 204287 67617940 219734 59569 160165 OTHER INCOME - MISCELLANEOUS 221000 1211728 1211728 GAIN ON DISPOSITION OF PROPER 221000 249605 249605 REVENUE NON-UTILITY - GENERAT 221000 1200 1200 -144935 -144935 1317598 69155272 68790820 364452 4791373 675887 3181479 5816371 PURCHASE POWER 33651146 DISTRIBUTION MAINTENANCE 7605516 ADMIN & GENERAL 4973362 DISTRIBUTION OPERATIONS 4923832 3773902 69392868 0 0 0 2329504 4984271 1900000 381074 7419012 8619443 541833 689833 1143113 1336260 1628856 795184 205543895 51184040 150407839 154359855 16043136 16913872 181413293 188079792 5229256 6390756 97297950 98998371 10398510 11224490 112925716 116613617 X 68487577 71466175 68487577 71466175 181413293 188079792 X -237596 3216194 X false true X true true true 1946664 1946664 14416823 1827698 12589125 189180408 49356342 139824066 154359855 PAT CAP - NCEMC 13576386 C PAT CAP - TEMA 1478498 C PAT CAP - NRUCFC 1162139 C PAT CAP - FEDERATED 358161 C PAT CAP - NISC 243001 C OTHER INVESTMENTS 93748 C PATRONAGE CAPITAL - NRTC 1939 16913872 ACCUM PROV FOR POSTRETIREMENT BEN 6343998 REGULATORY LIABILITY - ASC 980 3500000 CONSUMER DEPOSITS 987104 DEFERRED CREDITS 393388 11224490 69005272 69005272 150000 150000 69155272 64601495 64601495 4791373 4791373 69392868 SCHEDULE D, PAGE 4, PART XI, LINE 4B DEFERRED REVENUE - ASC 980 150,000 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 4,791,373 X false false false WILLIAM GREGORY PUCKETT EXECUTIVE VP & GM 327427 13270 15938 104531 32111 493277 RICHARD BRYON KENNEDY ASSISTANT MANAGER 188487 8400 19804 53177 15096 284964 MISTY UTT VP OF FINANCE & ACCT 176120 7480 8199 57609 27617 277025 MICAH MILLS VP OF OPERATIONS 152352 6964 8996 45671 26762 240745 MATTHEW BURKE JOURNEY LINE TECH. 145011 2516 335 23619 25861 197342 JODY NORMAN APPARATUS TECHNICIAN 133144 3622 351 24751 25903 187771 SCHEDULE J, PART III PART II. LINE 1-WILLIAM GREGORY PUCKETT SECTION B)(III) INCLUDES ACCRUED LEAVE TIME WHICH IS IN ACCORDANCE WITH THE CORPORATION'S POLICY. 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 99O 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 SALARIES ARE REVIEWED BY THE BOARD OF DIRECTORS AND FILES ARE MAINTAINED FOR THE REVIEW PROCESS BY WHICH MERIT RAISES ARE GRANTED. FORM 990, PAGE 6, PART VI, LINE 15B SALARIES ARE REVIEWED BY THE BOARD OF DIRECTORS AND FILES ARE MAINTAINED FOR THE REVIEW PROCESS BY WHICH MERIT RAISES ARE GRANTED. FORM 990, PAGE 6, PART VI, LINE 19 A COPY OF THE BYLAWS ARE PROVIDED TO NEW MEMBERS. A FINANCIAL STATEMENT IS PROVIDED TO THE MEMBERS AS A PART OF THE ORGANIZATION'S ANNUAL REPORT. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATIONS'S HEADQUARTERS. FORM 990, PART VII SYEMC BYLAWS: SECTION 5.11 - DIRECTOR COMPENSATION. THE BOARD SHALL DETERMINE THE MANNER AND METHOD OF ANY REASONABLE DIRECTOR REIMBURSEMENT AND COMPENSATION. SUCH COMPENSATION MAY INCLUDE PAYING DIRECTORS A MONTHLY STIPEND AND/OR A FIXED PER DIEM FEE, PLUS DOCUMENTED BUSINESS EXPENSES, AS DETERMINED IN THE BOARD'S REASONABLE DISCRETION, FOR ATTENDING OR ATTENDING TO: 1.THE ONGOING NEEDS OF THE COOPERATIVE, DUTIES OF THE POSITION, AND COMMUNICATIONS WITH MEMBERS; 2.BOARD MEETING; 3.FUNCTION INVOLVING THE COOPERATIVE; OR 4.MEETING OF STATE, NATIONAL OR OTHER COOPERATIVE OR INDUSTRY ORGANIZATION, OR 5.FUNCTION REASONABLY ENHANCING THE DIRECTOR'S ABILITY TO SERVE AS A DIRECTOR. FORM 990, PART XI, LINE 9 BENEFITS PAID TO MEMBERS 4,791,373 DONATED CAPITAL 10,158 RETIRED CAPITAL CREDIT GAINS 239,322 CAPITAL CREDIT RETIREMENT -1,454,264 ACCUM OTHER COMPREHENSIVE INCOME -220,395 DEFERRED REVENUE - ASC 980 -150,000 TOTAL 3,216,194