2012-11-12T09:24:29-08:00 2011-12-31 ADAMS JENKINS CHEATHAM PC 231 WYLDEROSE DR MIDLOTHIAN VA 231136845 990 2011-01-01 560435549 UNION ELECTRIC MEMBERSHIP CORPORATION DBA UNION POWER COOPERATIVE UNIO 7042893145 PO BOX 5014 MONROE NC 28110 TONY E HERRIN 2012-11-12 true G STEVEN GILLIAM CPA 8043231313 2011 2016-02-24 21:20:13Z TONY E HERRIN PO BOX 5014 MONROE NC 28110 133667117 false false X www.union-power.com X 1939 NC Safe and effective distribution of electricity to the members of Union EMC. 11 11 121 35842 32139 0 135999785 132808134 116696 143827 501934 588450 136618415 133540411 0 10512515 10024387 10499473 0 0 117301893 113668808 127326280 134680796 9292135 -1140385 234452161 246296593 143746265 147379403 90705896 98917190 Safe and effective distribution of electricity to the members of Union EMC. false false Safe and effective distribution of electricity to the members of Union EMC. The Corporations three largest program services as measured by expenses are as follows:Cost of Power $83,872,195Patronage Dividends paid (assigned to members) $10,512,515Depreciation expense $8,544,759 false 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 false false false false false false true true true false false true 30 0 true 121 true true true false false false false false false false false false 132336483 797484 false false false false X 11 11 false false false false true true true true true false false false false false false false false true true true false false NC X THE CORPORATION 7042893145 1525 ROCKY RIVER ROAD NORTH MONROE NC 28110 LEE ROY KIRK JR 3.00 5185 0 0 Carole P Jones 3.00 X 3118 0 0 JUANITA W POPLIN 2.00 X 10147 0 0 RICHARD L SIMPSON 2.00 X X 15181 0 0 DENT H TURNER 4.00 X X 15889 0 0 NEIL HASTY JR 2.00 X 12018 0 0 JAN HAIGLER 4.00 X X 12383 0 0 JIMMY HARTSELL 2.00 X 10120 0 0 VANN HILTON 2.00 X 11487 0 0 RUFUS REID 2.00 X 10424 0 0 BL STARNES 11.00 X X 18276 0 0 TOM SLUSHER 40.00 X 172265 0 18926 JULIA GRIFFIN 40.00 X 151004 0 18926 TONY E HERRIN 40.00 X 260936 0 169358 David Gross 40.00 X 95623 0 34995 Wayne Hathcock 40.00 X 117154 0 39748 921210 281953 4 false true false Trulls Powerline Co Inc 2109 Weddington Road Monroe NC 28110 Electric line Cont. 1536763 Pike Electric Inc PO Box 1000 dept 157 Memphis TN 381480517 Line maint. & Const 165957 Lee Electrical Construction Inc 12828 US Hwy 15 501 Aberdeen NC 28315 LINE MAINT & CONST 865016 Carolina Tree Care Inc PO Box 1118 Concord NC 28025 ROW Maintenance 543523 ABC Professional Tree 4831 Old Galveston Road Houston TX 77017 ROW Maintenance 758154 6 0 SALE OF ELECTRICITY 132336483 132336483 PATRONAGE ALLOCATIONS 292385 292385 CIAC 179266 179266 132808134 143827 143827 0 0 127592 528552 102237 25355 528552 553907 1299 552608 0 0 0 33390 24469 8921 8921 UNION SERVICES LLC 21024 21024 Book / Tax difference 4598 4598 25622 133540411 132808134 35842 696435 0 0 0 10512515 915643 0 7298028 1655223 0 630579 0 493368 0 0 0 0 0 0 0 0 0 0 0 0 0 6002448 0 8544759 0 General taxes 4364635 distribution expense-operation 3208002 distribution expense-maint 4507267 Cost of power 83872195 Admin & general 1755550 920584 134680796 0 0 0 2359428 4563635 109747 48974 0 8975082 11583644 0 0 1007115 883451 1622295 2600867 272217 487851 281182558 66281105 210764642 214901453 0 220686 215750 9079397 10969407 0 41552 41561 234452161 246296593 16721279 13324610 118517762 124208868 8507224 9845925 143746265 147379403 X 90705896 98917190 90705896 98917190 234452161 246296593 X -1140385 9351679 X false true false X false false 281182558 66281105 214901453 214901453 Other 20885 C Capital certificates 1287691 C Patronage certificates 9660831 C Regulatory liabilities 3000000 other postretirement benefits 2909250 Deferred Credits 769140 Customer Deposits and Prepayments 3167535 9845925 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances Noncash patronage allocations not revenue per IRS $1833925 Patronage Div. Paid to Members' Accts not expense per gaap $10512515 Net change in capital credit gains $929195 Contributions in aid to construction not revenue per gaap $ -179266 Capital credit retirements $ -3713842 Net Change in OCI $ -26465 990 T book tax difference $ -4383 X X X false false false Wayne Hathcock 117154 20822 18926 156902 TONY E HERRIN 260936 150432 18926 430294 TOM SLUSHER 172265 18926 191191 JULIA GRIFFIN 151004 18926 169930 FORM 990, PART IX, LINE 4 BENEFITS PAID TO OR FOR MEMBERS PATRONAGE DIVIDENDS PAID TO MEMBERS' ACCOUNTS IN ACCORDANCE WITH THE PRE-EXISTING OBLIGATION IN UNION ELECTRIC MEMBERSHIP CORPORATION'S BY LAWS. THE CORPORATION IS OBLIGATED TO PAY BY CREDITS TO A CAPITAL ACCOUNT FOR EACH PATRON ALL SUCH AMOUNTS IN EXCESS OF OPERATING COSTS AND EXPENSES. IRS INSTRUCTIONS FOR LINE 4 CHANGED IN 2011 TO INCLUDE PATRONAGE DIVIDENDS PAID BY SECTION 501(C)(12) ORGANIZATIONS TO THEIR MEMBERS. ACCORDINGLY, THESE AMOUNTS ARE NOW REPORTED ON LINE 4. The total amount paid during 2010 was $9,461,236. 990 PART VII SECTION A COLUMN F The Cooperative participates in the NRECA group defined pension plan. As part of this plan, participants are required to recognize the actuarial increase in the value of their account on the form 990. The contribution rate for participants in the plan are the same for all individuals in the plan. The change in actuarial value for each participant, however, varies with age. In other words, the older a participant is, the greater the increase in that individual's change in actuarial value with all other things being equal. The following actuarial increases have been included in column F: Tony E. Herrin $ 150,432 David Gross $ 16,069 Wayne Hathcock $ 20,822 These actuarial increases, do not represent actual cash received, but rather an unrealized actuarial increase in retirement accounts that is required to be reported on the form 990. 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 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 The governing body conducts a performance review of the Executive VP and GM and approves the compensation. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process The Executive Vice President and General Manager informs the board that the 990 has been completed and that there are copies available if they would like to review the form. Form 990, Part VI, Line 7b Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders Certain decisions of the Governing body are subject to approval by the members as provided for in its bylaws. Form 990, Part VI, Line 7a Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body All members of the Union Electric Membership Corporation receive one vote with respect to selecting the Cooperative's board of directors. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Union 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 is the governing body of the cooperative. Union Services LLC 1525 Rock River Road Monroe NC 28110 113688481 Elec Repair NC Union EMC unrelated 21024 278432 false false 1.00000 true false false false false false false false false false false false false true true true false false Union Services LLC p 31093 Cost Union Services LLC o 80169 Cost Union Services LLC n 5877 Cost Union Services LLC a 10500 Cost