2022-05-06T09:07:04-07:00 2021-12-31 990 2021-01-01 582231201 GEORGIA TRANSMISSION CORPORATION GEOR 7702707400 2100 East Exchange Place Tucker GA 30084 Jenny Buttrey Assistant Controller 7702707214 2022-05-06 1 11 0 AAL2 2021 2022-09-23 18:48:47Z Jenny Buttrey 2100 E Exchange Pl Tucker GA 30084 371732306 0 X www.gatrans.com X 1996 GA Transmission of Electricity 13 13 317 0 0 0 0 0 345507414 369573257 5194782 2159049 0 0 350702196 371732306 0 0 16507620 16146885 31529008 33434040 0 0 0 302665568 322151381 350702196 371732306 0 0 2671711584 2780907800 2326042269 2419091600 345669315 361816200 Transmission of Electricity 0 0 Principal Business is providing transmission services. At 12/31/21, Georgia Transmission Corporation owned approximately 3,557 miles of transmission lines and 765 substations. Georgia Transmission Corporation succeeded to all of Oglethorpe's rights and obligations with respect to the Integrated Transmission System. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 260 0 1 317 1 0 0 0 0 0 368974870 4727273 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X Jenny Buttrey CPA 7702707214 Georgia Transmission Corporation 2100 East Exchange Place Tucker GA 30084 Barbara Hampton President, CEO 40 X 538182 0 77022 Keith Daniel SVP Transmission Policy 40 X 392655 0 80602 David Van Winkle SVP Operations & Maintenance 40 X 339558 0 79297 Dustin Zubke Sr VP and CFO 40 X 368416 0 38647 John Raese VP Project Services 40 X 311969 0 68195 Angela Sheffield VP Gen Audit/Chief Reg Cpl Officer 40 X 287421 0 78248 Jerry Donovan President, CEO 0 X 334818 0 28935 Joe Sowell VP System Planning 40 X 281143 0 75669 Angela Farsee VP Human Resources 40 X 277659 0 65718 Lynn Huffines Controller 40 X 275419 0 65341 Anne Hicks General Counsel 40 X 260480 0 76895 J Camron Carden Director Transmission Projects 40 X 242227 0 68286 Kevin Luke Sr Manager, Relay Maintenance 40 X 207237 0 74036 Anthony Wright Director Electronic Maint & Operational Comm 40 X 210515 0 69381 James Etheridge Senior Manager Transmission Line Maint 40 X X 215891 0 60568 Robert Casey Manager Member Planning Svcs 40 X 215461 0 59083 Craig Heighton Director External Affairs 40 X 199657 0 69626 Michael Fourman Director Engineering Services 40 X 208449 0 58767 Nathan Lovett Sr Manager, Relay & Control Design 40 X 203745 0 56478 Jay Horsley Director Safety & Technical Training 40 X 201511 0 57852 Jason Snodgrass Director Supply Chain Management 40 X 190009 0 58411 Lynn Watkins Manager Rates 40 X 199536 0 43086 Jill Tietjen Director 2 X 28230 0 0 Charles Fendley Director 2 X 19032 0 0 Jack Waters Director 4 X 13030 0 0 Steve Rawl Director 1 X 12430 0 0 Otis Jones Director 1 X 12000 0 0 Everett Williams Director 2 X 11420 0 0 Robert L Lewis Director 2 X 10040 0 0 David Dunaway Director 2 X 9830 0 0 Tony Tucker Director 2 X 9230 0 0 Michael McMillian Director 1 X 8440 0 0 Ronnie Lee Director 1 X 7630 0 0 Wendy Sellers Director 1.00 X 7440 0 0 Raphael Brumbeloe Director 1 X 5840 0 0 6116550 0 1410143 213 1 1 0 Georgia System Operations Corporation 2100 E Exchange Place Tucker GA 30084 Shared Services and Control 35119651 Aubrey Silvey Construction 371 Hamp Jones Rd Carrollton GA 30117 Construction Services 15475907 Everything Construction 700 Frog Rd Locust Grove GA 30248 Electrical Contractor - Construction 6128937 Pike Electric Inc PO Box 1000 Dept 517 Memphis TN 38148 Construction Services 5758458 Irby Construction 318 Old Highway 49 South Richland MS 39218 Construction Services 4245391 167 0 Network Services Revenue 221000 333501408 333501408 0 0 Transmission Rental Income 221000 40353081 40353081 0 0 Other Revenues 221000 4418768 4418768 0 0 Refund to Members 221000 -8700000 -8700000 0 0 0 0 0 0 369573257 2159049 2159049 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 371732306 371732306 0 0 0 0 0 16146885 4502281 20574553 6836132 1521074 449235 21595429 118600 4772182 565079 54523 75526596 97010084 1591683 Parity Expense 41647500 GSOC Ops/SS charges 29137749 Property/Other Taxes 25708248 Control Center/Trans Reserve 21724657 2249816 371732306 0 0 0 51865390 95867566 35503670 37596600 17823268 20840861 47935549 47674008 3814508161 1260221320 2493478503 2554286841 25105204 24641924 2671711584 2780907800 218731226 287567208 0 0 0 0 94465000 94465000 2006849827 2030550068 5996216 6509324 2326042269 2419091600 X 345669315 361816200 0 0 345669315 361816200 2671711584 2780907800 X 0 0 0 0 0 16146885 X 0 1 X 1 0 0 396817110 396817110 0 185110467 80770975 104339492 0 0 0 0 0 3056765728 1169490590 1887275138 0 175814856 9959755 165855101 2554286841 Accumulated Provision for Benefits 4415096 Deferred Hedge Settlement 2094228 6509324 X 371732306 0 0 0 0 0 371732306 0 0 0 371732306 355585421 0 0 0 0 0 355585421 0 16146885 16146885 371732306 Schedule D, Part X, Line 2 Georgia Transmission is a 501(c)(12) cooperative and is exempt from federal and state income taxes, provided revenues from its Member System and Oglethorpe are at least 85% of Georgia Transmission's total revenues. Georgia Transmission has processes presently in place to ensure the maintenance of its tax-exempt status, to identify and report unrelated income, and to identify and evaluate other matters that may be considered tax positions. Georgia Transmission has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. Schedule D, Part XII, Line 4b Amount represents the financial reporting net income that is reflected as patronage capital "paid" for 2021 to the members. For financial reporting purposes, the amount is not yet distributed. X X 1 1 X X X X 0 1 0 Raphael Brumbeloe Director 5840 0 0 0 0 0 0 0 0 0 5840 0 0 0 David Dunaway Director 9830 0 0 0 0 0 0 0 0 0 9830 0 0 0 Charles Fendley Director 19032 0 0 0 0 0 0 0 0 0 19032 0 0 0 Otis Jones Director 12000 0 0 0 0 0 0 0 0 0 12000 0 0 0 Ronnie Lee Director 7630 0 0 0 0 0 0 0 0 0 7630 0 0 0 Robert L Lewis Director 10040 0 0 0 0 0 0 0 0 0 10040 0 0 0 Michael McMillian Director 8440 0 0 0 0 0 0 0 0 0 8440 0 0 0 Steve Rawl Director 12430 0 0 0 0 0 0 0 0 0 12430 0 0 0 Wendy Sellers Director 7440 0 0 0 0 0 0 0 0 0 7440 0 0 0 Jill Tietjen Director 28230 0 0 0 0 0 0 0 0 0 28230 0 0 0 Tony Tucker Director 9230 0 0 0 0 0 0 0 0 0 9230 0 0 0 Jack Waters Director 13030 0 0 0 0 0 0 0 0 0 13030 0 0 0 Everett Williams Director 11420 0 0 0 0 0 0 0 0 0 11420 0 0 0 Barbara Hampton President, CEO 497908 0 774 0 39500 0 38500 0 38522 0 615204 0 0 0 Dustin Zubke Sr VP and CFO 267108 0 56250 0 45058 0 10547 0 28100 0 407063 0 0 0 Keith Daniel SVP Transmission Policy 354908 0 774 0 36973 0 38500 0 42102 0 473257 0 0 0 David Van Winkle SVP Operations & Maintenance 314574 0 774 0 24209 0 38500 0 40797 0 418854 0 0 0 John Raese VP Project Services 286720 0 774 0 24476 0 38500 0 29695 0 380165 0 0 0 Angela Sheffield VP Gen Audit/Chief Reg Cpl Officer 276783 0 774 0 9864 0 38500 0 39748 0 365669 0 0 0 Jerry Donovan President, CEO - retired 79326 0 100774 0 154718 0 27822 0 1113 0 363753 0 0 0 Joe Sowell VP System Planning 270866 0 774 0 9503 0 38500 0 37169 0 356812 0 0 0 Angela Farsee VP Human Resources 260705 0 774 0 16180 0 38500 0 27218 0 343377 0 0 0 Lynn Huffines Controller 267794 0 2774 0 4851 0 38500 0 26841 0 340760 0 0 0 J Camron Carden Director Transmission Projects 203028 0 500 0 38699 0 32025 0 36261 0 310513 0 0 0 Anthony Wright Director Electronic Maint & Operational Comm 198528 0 500 0 11486 0 28734 0 40646 0 279894 0 0 0 Craig Heighton Director External Affairs 191452 0 500 0 7706 0 30859 0 38767 0 269284 0 0 0 Michael Fourman Director Engineering Services 199281 0 774 0 8394 0 31828 0 26939 0 267216 0 0 0 Jay Horsley Director Safety & Technical Training 188475 0 2000 0 11035 0 30420 0 27432 0 259362 0 0 0 Jason Snodgrass Director Supply Chain Management 186451 0 1000 0 2558 0 30445 0 27966 0 248420 0 0 0 Lynn Watkins Manager Rates 195504 0 1500 0 2532 0 30280 0 12806 0 242622 0 0 0 Anne Hicks General Counsel 256166 0 774 0 3540 0 38500 0 38395 0 337375 0 0 0 Kevin Luke Sr Manager, Relay Maintenance 193770 0 1206 0 12260 0 31889 0 42146 0 281271 0 0 0 James Etheridge Senior Manager Transmission Line Maint 202935 0 1480 0 11476 0 32528 0 28041 0 276460 0 0 0 Robert Casey Manager Member Planning Svcs 201927 0 2322 0 11213 0 31048 0 28034 0 274544 0 0 0 Nathan Lovett Sr Manager, Relay & Control Design 198114 0 774 0 4857 0 29789 0 26689 0 260223 0 0 0 Schedule J, Part I, Line 1a All Georgia Transmission Corporation Officers and qualifying associates are eligible to receive a car allowance. The amounts range from $6,000 to $12,000. Amounts received are not grossed up for income tax purposes and the respective amount is reflected as part of gross wages, box 1, Form W-2 for each respective individual receiving an allowance. Car allowances are reviewed annually. With respect to the actual car allowance, no documentation is required to be presented to receive the allowance other than required Board approval. Mileage reimbursement is, however, required to be substantiated prior to receipt of funds. Reimbursement is obtained through submission of an authorized expense report. For tax year 2021, qualifying associates received a one-time gross up bonus payment for meeting their goals. Qualified associates must have participated in the health goal to receive the gross up payment. Associates that opted to not participate in the health goal received a non-grossed up bonus payment. Schedule J, Part I, Line 3 Georgia Transmission Corporation has a compensation committee that is subset of the Board of Directors. Georgia Transmission Corporation's CEO's salary is market reviewed annually and submitted by Human Resources to the committee for approval. The committee would then present the salary increase recommendation to the Board of Directors for final approval. Schedule J, Part I, Line 4 Non-Qualified plan participants include: Barbara Hampton $12,020, Keith Daniel $5,950, David Van Winkle $3,938, John Raese $2,653, Angela Farsee $1,213. A Development Authority of Burke County Georgia Transmission Corporation Vogtle Project 121342NL9 2015-05-01 94465000 Pollution Control Bonds 0 0 0 A 0 0 94465000 0 0 0 0 0 0 0 0 0 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 Form 990, Part VI, Section A, Line 6 Georgia Transmission Corporation is a tax exempt 501(c)(12) entity whose membership consists of 38 EMCs in the state of Georgia and Oglethorpe Power Corporation, a Not for Profit Electric Membership Corporation. Form 990, Part VI, Section A, Line 7a The corporation has members who elect members of the governing body as provided for in its bylaws. Form 990, Part VI, Section A, Line 7b Certain decisions of the governing body are subject to approval by members as provided for in its bylaws. Form 990, Part VI, Section B, Line 11b The preparer is a licensed CPA in the state of Georgia. Information is accumulated from the Georgia Transmission Corporation financial statements and supporting detail for the respective tax year. Form 990 is prepared and documented accordingly. For 2021, a draft of Form 990 will be reviewed by an additional CPA, external to Georgia Transmission Corporation. All comments from the review process are documented, addressed and if appropriate, any necessary changes are made to the Form 990. Once changes are made, the draft Form 990 is discussed with the reviewer to ensure all review points are cleared. A draft copy of the Form 990 is also provided to the Audit Committee. Any subsequent comments and requested changes will be reviewed and addressed accordingly. The final version of the Form 990 will be e-filed. Form 990, Part VI, Section B, Line 12c Georgia Transmission Corporation maintains a corporate policy that provides guidelines and standards for the employees and directors of Georgia Transmission Corporation to avoid conflicts of interest or any appearances of conflicts of interest, so that the affairs of Georgia Transmission Corporation may be carried out in a businesslike and ethical manner. At time of hiring, all employees are required to review this policy and sign an acknowledgement that they have received and understand the policy. To ensure continued compliance with this policy, Georgia Transmission Corporation's Internal Audit coordinates the mail out and receipt of questionnaires annually to all associates and board members which require these individuals to disclose any potential conflicts of interest. An audit is performed of all disclosures to determine whether an actual conflict of interest exists and what actions need to be taken. Results of the audit are reported to the Audit committee of the Board. Form 990, Part VI, Section B, Line 15 Georgia Transmission Corporation has a compensation committee that is a subset of the Board of Directors. The CEO salary is market reviewed annually and submitted by Human Resources to the committee for approval. The committee would then present the salary increase recommendation to the Board of Directors for final approval. Form 990, Part VI, Section C, Line 19 Currently, Georgia Transmission Corporation publishes its financial statements in PDF format on its website www.gatrans.com. The conflict of interest policy and any governing documents are available on the inter-company document retrieval system and available upon request by the public. Form 990, Part XI, Line 9 Amount represents the financial reporting net income that is reflected as patronage capital "paid" for 2021 to the members. For financial reporting purposes, the amount is not yet distributed.