COLQUITT ELECTRIC MEMBERSHIP CORP: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- COLQUITT ELECTRIC MEMBERSHIP CORP (EIN 58-0201495)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-04-06
- IRS object ID
- 202210969349301031
- Schema version
- 2021v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-04-06T13:13:20-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 581094351 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX ONE | AddressLine1Txt |
| City | MACON | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 312020001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580201495 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLQUITT ELECTRIC MEMBERSHIP | BusinessNameLine1Txt |
| Business Name Line2 | CORPORATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COLQ | BusinessNameControlTxt |
| Phone | 2299853620 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3608 | AddressLine1Txt |
| City | MOULTRIE | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 317763608 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL NICHOLS | PersonNm |
| Person Title | GENERAL MANAGER | PersonTitleTxt |
| Phone | 2299853620 | PhoneNum |
| Signature | 2022-03-29 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DANIEL | PersonFirstNm |
| Person Last | NICHOLS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JASON A PEACOCK | PreparerPersonNm |
| PTIN | P00978537 | PTIN |
| Phone | 4787466277 | PhoneNum |
| Preparation | 2022-04-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DANIEL NICHOLS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3608 | AddressLine1Txt |
| City | MOULTRIE | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 317763608 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $137,703,553 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.COLQUITTEMC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1936 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | COLQUITT ELECTRIC MEMBERSHIP CORPORATION SELLS ELECTRICITY AND PROVIDES SERVICES TO MEMBER-OWNERS AS A RURAL ELECTRIC COOPERATIVE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 189 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $130,670,577 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $137,642,187 | CYProgramServiceRevenueAmt |
| PY Investment Income | $75,939 | PYInvestmentIncomeAmt |
| CY Investment Income | $75,342 | CYInvestmentIncomeAmt |
| CY Other Revenue | -$13,976 | CYOtherRevenueAmt |
| PY Total Revenue | $130,746,516 | PYTotalRevenueAmt |
| CY Total Revenue | $137,703,553 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $5,776,569 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $2,199,785 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $722,441 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $780,846 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $123,657,642 | PYOtherExpensesAmt |
| CY Other Expenses | $134,249,141 | CYOtherExpensesAmt |
| PY Total Expenses | $130,156,652 | PYTotalExpensesAmt |
| CY Total Expenses | $137,229,772 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $589,864 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $473,781 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $299,154,438 | TotalAssetsBOYAmt |
| Total Assets EOY | $314,657,706 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $166,898,922 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $179,754,909 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $132,255,516 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $134,902,797 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | 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. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 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. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 32 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 189 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $134,843,246 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $192,224 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRENDA ALDRIDGE | PersonNm |
| Phone | 2299853620 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15 ROWLAND DR | AddressLine1Txt |
| City | MOULTRIE | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 317684169 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| DANIEL NICHOLS | |||||||
| GENERAL MANA | 50.00 | Yes (X) | $418,936 | $0 | $109,086 | ||
| DOUGLAS LOFTIS | |||||||
| MGR OF HR & | 40.00 | $217,901 | $0 | $56,594 | Yes (X) | ||
| SIDNEY ZIPPERER | |||||||
| MGR OF OPERA | 40.00 | $190,484 | $0 | $66,539 | Yes (X) | ||
| CHARLES TUCKER | |||||||
| MGR OF ENGIN | 40.00 | $187,089 | $0 | $66,978 | Yes (X) | ||
| DIXIE LIGHTFOOT | |||||||
| MGR, MEMB & | 40.00 | $185,403 | $0 | $66,692 | Yes (X) | ||
| BRENDA ALDRIDGE | |||||||
| MGR OF FINAN | 40.00 | $162,897 | $0 | $62,225 | Yes (X) | ||
| GARY A BRANCH | |||||||
| DIRECTOR | 3.00 | $31,603 | $0 | $0 | Yes (X) | ||
| B DON COPELAND | |||||||
| DIRECTOR | 3.00 | $31,603 | $0 | $0 | Yes (X) | ||
| BOBBY E EXUM | |||||||
| PRESIDENT | 3.00 | Yes (X) | $31,603 | $0 | $0 | Yes (X) | |
| BEN GRINER | |||||||
| DIRECTOR | 3.00 | $31,603 | $0 | $0 | Yes (X) | ||
| HUEY HIERS | |||||||
| DIRECTOR | 3.00 | $31,603 | $0 | $0 | Yes (X) | ||
| SIMMIE KING | |||||||
| DIRECTOR | 3.00 | $31,603 | $0 | $0 | Yes (X) | ||
| PATTI PRICE NIEWOEHNER | |||||||
| VICE PRESIDE | 3.00 | Yes (X) | $31,603 | $0 | $0 | Yes (X) | |
| CLAY UNDERWOOD | |||||||
| SECRETARY-TR | 3.00 | Yes (X) | $31,603 | $0 | $0 | Yes (X) | |
| TOMMY COTHRON | |||||||
| DIRECTOR | 3.00 | $17,017 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,632,551 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $428,114 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| JCI GENERAL CONTRACTORS INC | |||||
| PO BOX 519 | MOULTRIE | GA | 31776 | BUILDING CONSTR | $2,339,979 |
| CUNNINGHAM'S TREE SERVICE | |||||
| 1289 OLD CLYATTVILLE RD | VALDOSTA | GA | 31601 | CLEARING ROW | $2,024,658 |
| S & S CONSTRUCTORS INC | |||||
| 1520 US HWY 82 E | TIFTON | GA | 31794 | LINE CONSTRUCTI | $1,115,303 |
| MCLEAN ENGINEERING | |||||
| 2929 S MAIN STREET | MOULTRIE | GA | 31768 | ENGINEERING | $219,155 |
| KENTS JANITORIAL SERVICE | |||||
| 1124 SARRACENIA | MOULTRIE | GA | 31768 | JANITORIAL SERV | $163,289 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| ELECTRICITY SALES | 221000 | $134,843,246 | $134,843,246 | |
| G&T CAPITAL CREDITS | $1,339,517 | $1,339,517 | ||
| POLE RENTAL | $1,232,311 | $1,232,311 | ||
| PATRONAGE CAP-ASSOC ORG | $227,113 | $227,113 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $137,642,187 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $75,342 | TotalRevenueColumnAmt |
| Exclusion | $75,342 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GAIN/DISP OF PROPERTY | Desc |
| Total Revenue Column | -$13,976 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$13,976 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$13,976 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $137,703,553 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $136,395,900 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $1,307,653 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,199,785 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $780,846 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $792,520 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,583,870 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,890,404 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PURCHASED POWER | $92,381,108 |
| DISTRIBUTION MAINTENANCE | $9,526,215 |
| DISTRIBUTION OPERATIONS | $6,059,296 |
| ADMINISTRATIVE & GENERAL | $5,401,689 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,614,039 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $137,229,772 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,669,845 | BOYAmt |
| EOY | $8,734,563 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,365,882 | BOYAmt |
| EOY | $14,199,132 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,303,566 | BOYAmt |
| EOY | $5,080,123 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $396,148 | BOYAmt |
| EOY | $449,378 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $348,252,643 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $113,503,594 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $224,801,988 | BOYAmt |
| EOY | $234,749,049 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,598,185 | BOYAmt |
| EOY | $49,051,070 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,824 | BOYAmt |
| EOY | $2,394,391 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $299,154,438 | BOYAmt |
| EOY | $314,657,706 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,603,080 | BOYAmt |
| EOY | $22,248,594 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,566,832 | BOYAmt |
| EOY | $128,062,269 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,729,010 | BOYAmt |
| EOY | $29,444,046 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,898,922 | BOYAmt |
| EOY | $179,754,909 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $286,055 | BOYAmt |
| EOY | $290,630 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,969,461 | BOYAmt |
| EOY | $134,612,167 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,255,516 | BOYAmt |
| EOY | $134,902,797 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $299,154,438 | BOYAmt |
| EOY | $314,657,706 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $473,781 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $2,173,500 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $798,039 | OtherCostOrOtherBasisAmt |
| Book Value | $798,039 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $347,454,604 | OtherCostOrOtherBasisAmt |
| Depreciation | $113,503,594 | DepreciationAmt |
| Book Value | $233,951,010 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $234,749,049 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (10 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENT IN - OPC | $33,459,177 | C |
| INVESTMENT IN - GTC | $10,612,991 | C |
| INVESTMENT IN - NRUCFC | $2,511,354 | C |
| INVESTMENT IN - GRESCO | $1,004,485 | C |
| INVESTMENT IN - FEDERATED INSURANCE | $495,957 | C |
| INVESTMENT IN - SMARR EMC | $478,074 | C |
| INVESTMENT IN - SEDC | $431,635 | C |
| INVESTMENT IN - COOPERATIVE COMPUTER | $48,401 | C |
| INVESTMENT IN - GSOC | $7,767 | C |
| INVESTMENT IN - OTHER | $1,229 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $49,051,070 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCUM PROV FOR POSTRETIREMENT BENEFI | $19,890,435 |
| UNCLAIMED CAPITAL CREDITS | $4,928,462 |
| CONSUMER DEPOSITS | $4,625,149 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $29,444,046 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $137,703,553 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $137,703,553 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $137,703,553 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $135,030,287 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $135,030,287 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $2,199,485 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $2,199,485 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $137,229,772 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 4, PART XII, LINE 4B | FormAndLineReferenceDesc |
| Explanation | PATRONAGE CAPITAL CREDITS 2,199,485 | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| DANIEL NICHOLS | ||||||
| GENERAL MANAGER | $398,235 | $1,000 | $19,701 | $81,213 | $27,873 | $528,022 |
| DOUGLAS LOFTIS | ||||||
| MGR OF HR & CORP SER | $205,975 | $1,000 | $10,926 | $29,533 | $27,061 | $274,495 |
| SIDNEY ZIPPERER | ||||||
| MGR OF OPERATIONS | $181,212 | $1,000 | $8,272 | $36,261 | $30,278 | $257,023 |
| CHARLES TUCKER | ||||||
| MGR OF ENGINEERING | $180,627 | $1,000 | $5,462 | $36,700 | $30,278 | $254,067 |
| DIXIE LIGHTFOOT | ||||||
| MGR, MEMB & OFF SVCS | $181,953 | $1,000 | $2,450 | $36,409 | $30,283 | $252,095 |
| BRENDA ALDRIDGE | ||||||
| MGR OF FINANCE/ACCT | $161,119 | $1,000 | $778 | $32,238 | $29,987 | $225,122 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 4D | 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. |
| 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 CORPORATION'S CONFLICTS OF INTEREST POLICY (POLICY NO. 119) IS INCLUDED AS PART OF THIS RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 15A | GENERAL MANAGER COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS ANNUALLY. THE CORPORATION'S GENERAL MANAGER COMPENSATION POLICY (POLICY NO. 211) IS INCLUDED AS PART OF THIS RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 15B | KEY EMPLOYEE COMPENSATION IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. THE CORPORATION'S KEY EMPLOYEE COMPENSATION POLICY (POLICY NO. 434) IS INCLUDED AS PART OF THIS RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE BYLAWS AND CERTAIN POLICIES HAVE BEEN INCLUDED AS PART OF THIS RETURN AND AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18. THE FINANCIAL STATEMENTS OF THE CORPORATION'S ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | PATRONAGE CAPITAL CREDITS 2,199,785 MEMBERSHIP FEES 4,575 OTHER COMPREHENSIVE INCOME 3,082,122 PATRONAGE CAPITAL RETIREMENTS -2,985,165 OTHER EQUITIES -127,817 TOTAL 2,173,500 |
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