COBB ELECTRIC MEMBERSHIP CORPORATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- COBB ELECTRIC MEMBERSHIP CORPORATION (EIN 58-0198155)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-06-18
- IRS object ID
- 202521699349301547
- Schema version
- 2024v5.0
- 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 | 2025-06-18T16:35:23-04:00 | ReturnTs |
| Tax Period End | 2024-12-31 | 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 | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580198155 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COBB ELECTRIC MEMBERSHIP CORP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COBB | BusinessNameControlTxt |
| Phone | 7704292100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 369 | AddressLine1Txt |
| City | MARIETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 300610369 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHELLE FORTNER | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6783553005 | PhoneNum |
| Signature | 2025-06-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM R ROUNTREE | PreparerPersonNm |
| PTIN | P01231836 | PTIN |
| Phone | 4787466277 | PhoneNum |
| Preparation | 2025-06-18 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ATTN MICHELLE FORTNER CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KEVAN ESPY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 EMC PARKWAY | AddressLine1Txt |
| City | MARIETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30060 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $470,116,546 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | HTTPS://WWW.COBBEMC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1938 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | COBB EMC COMMITS TO SAFELY DELIVERING RELIABLE, COMPETITIVELY PRICED ELECTRICITY WHILE BEING ACCOUNTABLE TO OUR MEMBER-OWNERS THROUGH SOUND GOVERNANCE, MANAGEMENT, OPERATING PRACTICES AND IMPROVING QUALITY OF LIFE IN OUR LOCAL COMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 413 | TotalEmployeeCnt |
| Total Gross UBI | $2,648,625 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $182,235 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $450,247,094 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $465,063,596 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,133,175 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,405,463 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,826,889 | PYOtherRevenueAmt |
| CY Other Revenue | $3,647,487 | CYOtherRevenueAmt |
| PY Total Revenue | $454,207,158 | PYTotalRevenueAmt |
| CY Total Revenue | $470,116,546 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $6,201,976 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,511,176 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,653,077 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $438,935,974 | PYOtherExpensesAmt |
| CY Other Expenses | $448,872,166 | CYOtherExpensesAmt |
| PY Total Expenses | $440,447,150 | PYTotalExpensesAmt |
| CY Total Expenses | $456,727,219 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $13,760,008 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $13,389,327 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,223,128,393 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,320,768,104 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $465,543,388 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $437,159,265 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $757,585,005 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $883,608,839 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | COBB EMC COMMITS TO SAFELY DELIVERING RELIABLE, COMPETITIVELY PRICED ELECTRICITY WHILE BEING ACCOUNTABLE TO OUR MEMBER-OWNERS THROUGH SOUND GOVERNANCE, MANAGEMENT, OPERATING PRACTICES AND IMPROVING QUALITY OF LIFE IN OUR LOCAL COMMUNITIES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | N/A | Desc |
| 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 | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | 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 | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 188 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 413 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 | $452,938,836 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $77,297,215 | 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 | Yes (true) | 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 | Yes (true) | 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 | MICHELLE FORTNER CFO | PersonNm |
| Phone | 7704292100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 EMC PARKWAY | AddressLine1Txt |
| City | MARIETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30060 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| KELLY P BODNER | ||||||||
| CHAIRMAN | 10.00 | 5.00 | Yes (X) | Yes (X) | $67,368 | $2,750 | $0 | |
| ERIC BROADWELL | ||||||||
| VICE CHAIRMA | 10.00 | 5.00 | Yes (X) | Yes (X) | $81,426 | $2,750 | $0 | |
| BRYAN BOYD | ||||||||
| SECRETARY/TR | 7.00 | 5.00 | Yes (X) | Yes (X) | $94,234 | $2,750 | $0 | |
| DAVID V TENNANT | ||||||||
| DIRECTOR | 7.00 | 5.00 | Yes (X) | $58,270 | $23,500 | $0 | ||
| RUDY R UNDERWOOD | ||||||||
| DIRECTOR | 10.00 | 5.00 | Yes (X) | $101,692 | $20,500 | $0 | ||
| WILLIAM C SHARP III | ||||||||
| DIRECTOR | 10.00 | 1.00 | Yes (X) | $69,147 | $2,750 | $0 | ||
| DAVID MCCLELLAN | ||||||||
| DIRECTOR | 7.00 | 5.00 | Yes (X) | $61,513 | $19,750 | $0 | ||
| EDWARD CROWELL | ||||||||
| DIRECTOR | 10.00 | 10.00 | Yes (X) | $77,734 | $24,250 | $0 | ||
| CHARLES M SWANSON | ||||||||
| DIRECTOR | 7.00 | 5.00 | Yes (X) | $76,442 | $19,000 | $0 | ||
| KEVAN ESPY | ||||||||
| PRESIDENT & | 50.00 | Yes (X) | $843,607 | $0 | $121,645 | |||
| MICHELLE FORTNER | ||||||||
| CFO | 50.00 | $476,305 | $0 | $100,597 | Yes (X) | |||
| TIM SOSEBEE | ||||||||
| SR VP-BUSINE | 50.00 | $396,183 | $0 | $133,122 | Yes (X) | |||
| TIMOTHY HARSHBARGER | ||||||||
| VP-HUMAN RES | 50.00 | $391,611 | $0 | $82,274 | Yes (X) | |||
| TIM JARRELL | ||||||||
| VP-POWER SUP | 50.00 | $363,939 | $0 | $119,291 | Yes (X) | |||
| KELSIE DANIELS | ||||||||
| VP-INFO. TEC | 50.00 | $403,116 | $0 | $65,663 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,562,587 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $118,000 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $622,592 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 243 | 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 |
|---|---|---|---|---|---|
| PIKE ELECTRIC INC | |||||
| 100 PIKE WAY | MOUNT AIRY | NC | 27030 | OUTSIDE SRV | $8,226,084 |
| POWERGRID SERVICES LLC | |||||
| 2350 HWY 31 NW | HARTSELLE | AL | 35640 | OUTSIDE SRV | $3,691,503 |
| INTEGRATED SITEWORK LLC | |||||
| 845 CURTIS PKWY | CALHOUN | GA | 30701 | OUTSIDE SRV | $3,444,985 |
| LEWIS TREE SERVICE INC | |||||
| 300 LUCIUS GORDON DR | NEW YORK | NY | 14586 | OUTSIDE SRV | $2,918,607 |
| ELITE UTILITY SOLUTIONS | |||||
| 1563 CALVARY CHURCH RD | GAINESVILLE | GA | 30507 | OUTSIDE SRV | $2,145,935 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 39 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| ELECTRIC REVENUE | 221000 | $451,519,561 | $451,519,561 | |
| PATRONAGE CAPITAL CREDITS | 221000 | $9,836,124 | $9,836,124 | |
| POLE AND OTHER ATTACHMENTS | 221000 | $3,707,911 | $3,707,911 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $465,063,596 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,405,463 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,405,463 | RelatedOrExemptFuncIncomeAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,005,827 | TotalRevenueColumnAmt |
| Exclusion | $1,005,827 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $128,513 | RealAmt |
| Personal | $210,000 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $128,513 | RealAmt |
| Personal | $210,000 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $338,513 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $210,000 | UnrelatedBusinessRevenueAmt |
| Exclusion | $128,513 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| FINANCIAL GUARANTY FEES | 900099 | $2,056,963 | $2,056,963 | |
| FINDER'S FEES AND INCENTIVES | 900099 | $369,512 | $369,512 | |
| OTHER REVENUE | 221000 | $98,346 | $98,346 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$221,674 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$233,824 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $12,150 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,303,147 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $470,116,546 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $462,625,670 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $2,648,625 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,842,251 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,201,976 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,653,077 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,806,916 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,924,375 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PURCHASED POWER | $314,436,230 |
| ADMIN. & GENERAL EXP. | $24,504,948 |
| DISTRIBUTION MAINTENANCE | $23,927,762 |
| CONSUMER ACCOUNTS | $16,248,615 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,023,320 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $456,727,219 | 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 | $6,680,789 | BOYAmt |
| EOY | $19,864,882 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,971,153 | BOYAmt |
| EOY | $59,336,169 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,484,937 | BOYAmt |
| EOY | $6,356,454 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,040,012 | BOYAmt |
| EOY | $7,357,067 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,898,866 | BOYAmt |
| EOY | $2,139,536 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,132,001,530 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $342,686,715 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $763,317,324 | BOYAmt |
| EOY | $789,314,815 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $242,217,436 | BOYAmt |
| EOY | $249,515,501 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,517,876 | BOYAmt |
| EOY | $186,883,680 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,223,128,393 | BOYAmt |
| EOY | $1,320,768,104 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,520,278 | BOYAmt |
| EOY | $51,250,674 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $347,883,457 | BOYAmt |
| EOY | $324,544,201 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,139,653 | BOYAmt |
| EOY | $61,364,390 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $465,543,388 | BOYAmt |
| EOY | $437,159,265 | 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 | $364,520 | BOYAmt |
| EOY | $351,035 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $757,220,485 | BOYAmt |
| EOY | $883,257,804 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $757,585,005 | BOYAmt |
| EOY | $883,608,839 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,223,128,393 | BOYAmt |
| EOY | $1,320,768,104 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $13,389,327 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $112,634,507 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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 | $9,654,814 | OtherCostOrOtherBasisAmt |
| Book Value | $9,654,814 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $28,646,730 | OtherCostOrOtherBasisAmt |
| Depreciation | $23,278,280 | DepreciationAmt |
| Book Value | $5,368,450 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,093,699,986 | OtherCostOrOtherBasisAmt |
| Depreciation | $319,408,435 | DepreciationAmt |
| Book Value | $774,291,551 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $789,314,815 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (14 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENT IN ASSOC. - OPC | $143,185,374 | C |
| INVESTMENT IN ASSOC. - GTC | $46,121,114 | C |
| INVESTMENT IN ASSOC.- NRUCFC | $44,134,697 | C |
| INVESTMENTS IN ASSOC. - SEWELL CK | $6,053,270 | C |
| INVESTMENT IN ASSOC.- GRESCO | $4,670,396 | C |
| INVESTMENTS IN ASSOC. - SMARR | $3,295,554 | C |
| INVESTMENTS IN ASSOC. - FEDERATED | $1,031,666 | C |
| INVESTMENT IN ASSOC.- COBANK | $490,633 | C |
| INVESTMENT IN ASSOC.- NISC | $393,105 | C |
| INVESTMENT IN ASSOC.- SEDC | $64,223 | C |
| INVESTMENT IN ASSOC. - NRTC | $33,452 | C |
| INVESTMENTS IN ASSOC. - GSOC | $32,199 | C |
| INVESTMENTS IN ASSOC. - CRC | $9,458 | C |
| INVESTMENTS IN ASSOC. - OTHER | $360 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $249,515,501 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| INVESTMENTS IN SUBSIDIARIES | $183,145,868 |
| DEFERRED COMPENSATION | $3,737,812 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $186,883,680 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| REGULATORY LIABILITIES | $27,399,300 |
| CONSUMER DEPOSITS | $16,063,502 |
| OVERRECOVERY OF COSTS | $8,590,852 |
| OTHER DEFERRED CREDITS | $4,868,145 |
| DEFERRED COMPENSATION | $3,883,232 |
| FINANCE LEASE | $559,359 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $61,364,390 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $470,116,546 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $470,116,546 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $470,116,546 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $450,525,243 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $450,525,243 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $6,201,976 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $6,201,976 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $456,727,219 | 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 ASSIGNED 6,201,976 | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | 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 |
|---|---|---|---|---|---|---|
| KEVAN ESPY | ||||||
| PRESIDENT & CEO | $629,629 | $196,111 | $17,867 | $110,021 | $11,624 | $965,252 |
| MICHELLE FORTNER | ||||||
| CFO | $359,315 | $53,463 | $63,527 | $65,858 | $34,739 | $576,902 |
| TIM SOSEBEE | ||||||
| SR VP-BUSINESS OPS | $329,787 | $42,778 | $23,618 | $98,383 | $34,739 | $529,305 |
| TIMOTHY HARSHBARGER | ||||||
| VP-HUMAN RESOURCES | $292,679 | $36,908 | $62,024 | $57,937 | $24,337 | $473,885 |
| TIM JARRELL | ||||||
| VP-POWER SUPPLY | $308,939 | $36,849 | $18,151 | $84,552 | $34,739 | $483,230 |
| KELSIE DANIELS | ||||||
| VP-INFO. TECH. | $289,516 | $37,230 | $76,370 | $54,039 | $11,624 | $468,779 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PAGE 1, PART I, LINE 4 | KEVAN ESPY 0 12,720 0 MICHELLE FORTNER 0 48,623 0 TIM SOSEBEE 0 9,149 0 TIMOTHY HARSHBARGER 0 43,977 0 TIM JARRELL 0 7,235 0 KELSIE DANIELS 0 63,447 0 |
| SCHEDULE J, PART III | PART I, LINE 1A - FRINGE OR EXPENSE EXPLANATION MARIETTA COUNTRY CLUB: KEVAN ESPY (PRESIDENT & CEO) - 9,530 (DUES) |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (14 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | COBB EMC COMMITS TO SAFELY DELIVERING RELIABLE, COMPETITIVELY PRICED ELECTRICITY WHILE BEING ACCOUNTABLE TO OUR MEMBER-OWNERS THROUGH SOUND GOVERNANCE, MANAGEMENT, OPERATING PRACTICES AND IMPROVING QUALITY OF LIFE IN OUR LOCAL COMMUNITIES. |
| FORM 990 | THE CORPORATION'S RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS PRESCRIBED BY THE FEDERAL ENERGY REGULATORY COMMISSION (18CFR.PART 101). THOSE PRACTICES UTILIZE ALLOCATION OF CERTAIN EXPENSES BASED ON LABOR CHARGES OR OTHER ALLOCATION BASES. AS A RESULT, IT WOULD REQUIRE SIGNIFICANT EFFORT TO BREAK OUT EXPENSES IN THE FUNCTIONAL CATEGORIES PROVIDED FOR ON THE STATEMENT OF FUNCTIONAL EXPENSES. MANAGEMENT HAS OPTED TO CLASSIFY ITS EXPENSES ON THE STATEMENT OF FUNCTIONAL EXPENSES IN THE SAME MANNER IT REPORTS ITS FINANCIAL RESULTS TO LENDERS AND ITS MEMBER-OWNERS. |
| FORM 990, PART VI | PART VI, SECTION B, LINE 13, WHISTLEBLOWER POLICY: COBB EMC'S WHISTLEBLOWER POLICY IS DOCUMENTED IN BOARD POLICY 915. A COPY OF THE POLICY IS ATTACHED TO THIS RETURN. PART VI, SECTION B, LINE 14, DOCUMENT RETENTION AND DESTRUCTION POLICY: COBB EMC'S RECORDS RETENTION POLICY IS DOCUMENTED IN BOARD POLICY 701. A COPY OF THE POLICY IS ATTACHED TO THIS RETURN. THE BOARD OF DIRECTORS HAS ADOPTED BOARD POLICY 608-CORPORATE COMMITTEE STRUCTURE TO MORE CLEARLY DEFINE THE DUTIES AND RESPONSIBILITIES OF ALL COMMITTEES OF THE BOARD OF DIRECTORS. A COPY OF THAT POLICY IS ATTACHED TO THIS RETURN. THE CORPORATION CONTEMPORANEOUSLY DOCUMENTS THE MEETINGS HELD AND ACTIONS UNDERTAKEN BY THE FULL BOARD OF DIRECTORS, AS WELL AS ITS COMMITTEES. |
| FORM 990, PAGE 6, PART VI, LINE 4 | AS A RURAL ELECTRIC COOPERATIVE, COBB EMC IS SUBJECT TO AN 85/15 MEMBER INCOME TEST ANNUALLY. THE 85/15 MEMBER INCOME TEST REQUIRES COBB EMC'S GROSS RECEIPTS FROM MEMBERS TO EQUAL OR EXCEED 85 PERCENT OF ALL GROSS RECEIPTS, WITH CERTAIN EXCLUSIONS. THE TEST MUST BE PERFORMED ANNUALLY. IN YEARS WHERE COBB EMC PASSES THE 85/15 MEMBER INCOME TEST, IT RETAINS ITS TAX EXEMPTION UNDER SECTION 501(C)(12) OF THE INTERNAL REVENUE CODE. IN YEARS THAT COBB EMC DOES NOT PASS THE TEST, COBB EMC IS DESIGNATED AS A NONEXEMPT COOPERATIVE. COBB EMC'S FILED ITS LAST 990 IN CALENDAR YEAR 2022. COBB EMC UPDATED AMENDED ITS BYLAWS IN 2023. A COPY OF THE AMENDED BYLAWS IS ATTACHED TO THIS RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THE CORPORATION 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 CORPORATION'S MEMBERS DEMOCRATICALLY ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN THE CORPORATION'S BYLAWS WHICH ARE INCLUDED AS 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 THE CORPORATION'S BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 11B | FORM 990 IS REVIEWED BY THE FULL BOARD OF DIRECTORS PRIOR TO SUBMITTAL. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE CORPORATION REGULARY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE FOLLOWING POLICIES, WHICH ARE INCLUDED AS PART OF THIS RETURN: POLICY 602 - CONFLICT OF INTEREST POLICY 901 - EMPLOYEE CODE OF CONDUCT POLICY 911 - EMPLOYEES' OUTSIDE ACTIVITIES |
| FORM 990, PAGE 6, PART VI, LINE 15A | AS OUTLINED IN BOARD POLICY 608, WHICH IS ATTACHED TO THIS RETURN, THE ANNUAL CEO REVIEW IS CONDUCTED BY THE BOARD'S HUMAN RESOURCES COMMITTEE, WHICH MAKES A COMPENSATION RECOMMENDATION TO THE FULL BOARD FOR THEIR APPROVAL. |
| FORM 990, PAGE 6, PART VI, LINE 15B | KEY EMPLOYEE COMPENSATION IS REVIEWED AND APPROVED AS PROVIDED FOR IN BOARD POLICY 908, A COPY OF WHICH IS INCLUDED AS A PART OF THIS RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE CORPORATION MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18. THE CORPORATION'S ANNUAL REPORT IS AVAILABLE ON IT'S WEBSITE. AUDITED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION IS AVAILABLE TO THE CORPORATION'S MEMBERS THROUGH THE MEMBER PORTAL. |
| FORM 990, PART VII | THE CORPORATION ELECTS ITS BOARD OFFICERS ANNUALLY. THE OFFICERS LISTED ON PART VII WERE SERVING IN THAT CAPACITY AS OF DECEMBER 31, 2024. BOARD OFFICERS WHICH SERVED IN 2023-2024 WERE AS FOLLOWS: CHAIRMAN - RUDY R. UNDERWOOD VICE CHAIRMAN - ERIC BROADWELL SECRETARY/TREASURER - WILLIAM C. SHARP, III |
| FORM 990, PART XI, LINE 9 | WHOLLY-OWNED SUBSIDIARY EARNINGS 120,129,308 CHANGE IN DONATED CAPITAL 37,489 PATRONAGE CAPITAL CREDITS 6,201,976 OTHER 186,708 CHANGE IN MEMBERSHIP FEES -13,485 RETIREMENT OF PATRONAGE CAPITAL -13,907,489 TOTAL 112,634,507 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIBER SOUTH BROADBAND LLC | BusinessNameLine1Txt |
| Business Name Line2 | FIBER SOUTH BROADBAND LLC | BusinessNameLine2Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 EMC PARKWAY | AddressLine1Txt |
| Address Line2 | 1000 EMC PARKWAY | AddressLine2Txt |
| City | MARIETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30061 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 845178162 | EIN |
| Primary Activities | DORMANT | PrimaryActivitiesTxt |
| Legal Domicile State | GA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COBB EMC | BusinessNameLine1Txt |
| Business Name Line2 | COBB EMC | BusinessNameLine2Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COBB EMC FOUNDATION INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 EMC PARKWAY | AddressLine1Txt |
| City | MARIETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30060 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 463645573 | EIN |
| Primary Activities | CHARITY | PrimaryActivitiesTxt |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Exempt Code Section | 3 | ExemptCodeSectionTxt |
| Public Charity Status | 7 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| GAS SOUTH LLC | ||||||||
| PO BOX 4298 | ATLANTA | GA | 30302 | 203608242 | NAT GAS MA | GA | N/A | Yes (true) |
| COBB ENERGY MANAGEMENT CORPORATION | ||||||||
| 1000 EMC PARKWAY | MARIETTA | GA | 30060 | 582345061 | HOLDING CO | GA | N/A | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | Yes (true) | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (true) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (8 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| GAS SOUTH LLC | ||
| A | $1,575,332 | FMV |
| GAS SOUTH LLC | ||
| D | $2,056,963 | FMV |
| GAS SOUTH LLC | ||
| F | $70,000,000 | COST |
| GAS SOUTH LLC | ||
| K | $126,298 | FMV |
| GAS SOUTH LLC | ||
| O | $362,205 | COST |
| GAS SOUTH LLC | ||
| Q | $6,639 | COST |
| COBB EMC FOUNDATION INC | ||
| O | $49,104 | COST |
| COBB EMC FOUNDATION INC | ||
| B | $38,162 | COST |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R | FormAndLineReferenceDesc |
| Explanation | RELATED ORGANIZATIONS: COBB ENERGY MANAGEMENT CORPORATION (COBB ENERGY): COBB ENERGY MANAGEMENT CORPORATION (COBB ENERGY), A WHOLLY-OWNED SUBSIDIARY OF COBB EMC, WAS INCORPORATED IN THE STATE OF GEORGIA ON SEPTEMBER 3, 1997, TO PROVIDE VARIOUS SERVICES TO COBB EMC, ITS SUBSIDIARIES, AND THIRD PARTIES. COBB ENERGY IS EFFECTIVELY A HOLDING COMPANY WITH NO ACTIVE OPERATIONS AS OF DECEMBER 31, 2024. ALL SUBSIDIARIES OF COBB ENERGY HAVE BEEN DISSOLVED. GAS SOUTH, LLC (GAS SOUTH) AND SUBSIDIARIES: GAS SOUTH, LLC, TOGETHER WITH ITS CONSOLIDATED SUBSIDIARIES, IS A NATURAL GAS MARKETER THAT SERVES BOTH RETAIL AND WHOLESALE MARKETS PRIMARILY IN THE SOUTHEASTERN UNITED STATES. IN THE RETAIL MARKET, GAS SOUTH SUPPLIES FIRM NATURAL GAS SERVICE TO RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL END USERS IN MARKETS WITH RETAIL CHOICE. IN THE WHOLESALE MARKET, GAS SOUTH SUPPLIES NATURAL GAS AND MANAGES PIPELINE CAPACITY AND STORAGE ASSETS ON BEHALF OF GAS UTILITIES, POWER PLANTS, LNG TERMINALS, GAS PRODUCERS, AND COMPLEX COMMERCIAL AND INDUSTRIAL USERS. GAS SOUTH IS ALSO A LEADING NATURAL GAS TRADER THROUGHOUT ITS SERVICE AREA. COBB EMC PROVIDES PARENTAL GUARANTEES TO MEET GAS SOUTH'S LIQUIDITY SUPPORT REQUIREMENTS FOR SUPPLIERS, PIPELINES AND LDCS. THE AMOUNT THE CORPORATION CHARGED GAS SOUTH FOR PARENTAL GUARANTEES FOR THE YEAR ENDED DECEMBER 31, 2024 IS REPRESENTED AS CODE D ON SCHEDULE R, PART V. GAS SOUTH'S 2024 CORPORATE INCOME TAX RETURN IS ON EXTENSION. AS A RESULT, THE INFORMATION REQUESTED ON SCHEDULE R PART IV, COLUMNS (F) AND (G) HAVE NOT BEEN COMPLETED. GAS SOUTH'S MANAGEMENT COMMITTEE IS MADE UP OF COBB EMC EXECUTIVE MANAGEMENT AND FOUR COBB EMC BOARD MEMBERS. COBB EMC BOARD MEMBERS SERVING ON THE MANAGEMENT COMMITTEE ARE COMPENSATED DIRECTLY BY GAS SOUTH. THESE AMOUNTS ARE REPORTED ON COBB EMC'S FORM 990 AS "REPORTABLE COMPENSATION FROM RELATED ORGANIZATIONS". FIBER SOUTH BROADBAND, LLC: FIBER SOUTH BROADBAND, LLC (FIBER SOUTH) IS A WHOLLY OWNED SINGLE-MEMBER LLC OF COBB EMC. FIBER SOUTH WAS A PROVIDER OF RETAIL BROADBAND SERVICES THROUGH APRIL 30, 2021; THE DATE WHICH FIBER SOUTH SOLD ALL OF ITS ASSETS. FIBER SOUTH HAD NO OPERATIONS IN 2024. COBB EMC FOUNDATION INC. THE CORPORATION'S MEMBERS CAN PARTICIPATE IN AN OPERATION ROUNDUP PROGRAM AND HAVE THEIR ELECTRIC BILL ROUNDED TO THE NEXT HIGHEST WHOLE DOLLAR EACH MONTH. THESE FUNDS ARE TREATED AS CONTRIBUTIONS TO COBB EMC FOUNDATION INC, (THE FOUNDATION), A NONPROFIT 501(C)(3) ORGANIZATION. THE FOUNDATION MAINTAINS A SEPARATE BOARD OF DIRECTORS WHICH APPROVES CHARITABLE ASSISATNCE TO THE AREAS SERVED BY COBB EMC. THE FOUNDATION HAS NO EMPLOYEES. | ExplanationTxt |
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