August 2023
2023 Haywood Electric Membership Corporation
Annual Business Meeting August 3
Haywood EMC’s Waynesville Office | 376 Grindstone Road
Haywood EMC Board of Directors Election 2023 Two candidates are seeking re-election to 3-year terms on the Haywood EMC Board of Directors. There were no nominations by petition this year. Those elected will represent you on the board. Ballots were mailed May 31, 2023. Election results will be announced at the August 3 annual business meeting.
625
of energy produced
MWH
by solar field— energized April 2022
Debt Long-Term for Lines of Credit provisions Accumulated postretirement - Current Benefits Healthcare payable Accounts er deposits Consum d taxes and Withhel Accrued Other
51
Credits es Deferred and Liabiliti rs’ Equity Total Membe
community organizations supported
2022 Annual Report
(178,831)
11,288,100 20 56,346,9 100,465,594
19
52,090,6
97,891,452
0 –
28,260 1 3,820,78 776,589 9,525 1,925,523 11,095,678 1,690,436 $170,005,134
3 years 3 years
704
759
518,395 406,506 4,535,00
0 –
4,446,00
28,244 1 2,907,40 782,615 15,103 0 2,092,02 10,271,383 2,429,918 $163,201,767
490
income Other equities
Debit Long-Term ns for lated Provisio Accumu t rent Postretiremen - Noncur Benefits Healthcare Liabilities Portion Current - Current
Dollar Goes
..... 39% ed Power A Purchas Expense ... 33% ng 11% B Operati ation .............. 9% C Depreci Expense........ 8% D Interest r Equity .......... E Membe
2022
capital ensive Patronage other compreh Accumulated
$1.015
million given back to memberowners through Capital Credits
Where Our
) (325,801 7 9,618,86
2021
energized
B
$42,797,55
$45,237,651
Term
David Noland Alan Israel
3. Other business that may come before the meeting or any adjournment thereof.
A
$163,974,995
$170,005,134
538
3,014
miles of power line
Equity Members’
Nominee Name
5* 6*
E
956,470 314,528 19,532,655 34,193
489
ES & EQUITI LIABILITIES
D
District
C
495,850 12,955 -
59,487 1,468,675 309,722 91 20,404,1 416,377
416
ents
Prepaym
Debits Deferred Total Assets
3,371,252 3 9,583,33 2,901,748 6 2,338,88 367,981 3,107
479
revenue le Unbilled s receivab Other account - current portion le Notes receivab ble Interest Receiva and supplies Materials
431
Asset
nts cash equivale ents Cash and Cash Investm Temporary Receivable Accounts
357
Current
reliability systemwide
288
99.94%
2020
served
From
........... ....
2019
32,298 member-owner accounts
Dollar Comes
77% tial 15% A Residen l ...................... . 6% B Seasona rcial .............. C Comme ....... 2% al .............. D Industri
8 3,409,80 0 9,800,00 6 2,664,33 1,878,708
1. The reports of Cooperative Offices, directors and committees. 2. The election of two (2) directors of the cooperative:
*There were no nominations by petition for these districts during the 2023 board election.
A Where Our
5 5,001,54 241,700 – 0 1,900,00 7,143,245
5,115,279 205,383 6,481 7 1,266,66 6,593,810
2018
Investm tions organiza property Non-utility le Notes receivab d Funds Restricte
2017
ents y and Investm Other Propert associated ents in
2016
-at cost in service ss Electric plant work-in-progre Construction Plant n Gross Utility lated provisio n Less- accumu tion/amortizatio for deprecia
$190,441,983 4,179,098 194,621,081 (55,546,568) 139,074,513
,511 $197,070 8 2,999,16 200,069,679 23) (57,478,9 142,590,756
2015
Utility Plant
port
B
2021 2022
ending
ASSETS
2014
2022
Annual Re
For years
2013
2022
SHEE T and 2021 BALA NCE December 31, 2022
Please take note that the regular annual business meeting of the members of Haywood Electric Membership Corporation will be held at the Electric Cooperative’s Waynesville Office on Thursday, August 3, 2023, at 7:00 p.m. to take action on the following matters:
INCUMBENT DIRECTORS
D
C
2022 Fast Facts
Official Notice
ted s Connec New Service 2022 Annual
Report
11
Clay Talley, Secretary, Haywood Electric Membership Corporation
5
PERIODICAL
Haywood-0823 Wrap.indd 1
7/10/23 1:47 PM