COLQUITT ELECTRIC MEMBERSHIP CORP: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- COLQUITT ELECTRIC MEMBERSHIP CORP (EIN 58-0201495)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-03-11
- IRS object ID
- 202110709349301306
- Schema version
- 2020v4.0
- 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 | 2021-03-11T13:37:17-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | 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 | 2020-01-01 | 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 | 2021-02-25 | 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 | 2021-03-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | 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 | $130,746,516 | 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 | 180 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $138,690,067 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $130,670,577 | CYProgramServiceRevenueAmt |
| PY Investment Income | $159,767 | PYInvestmentIncomeAmt |
| CY Investment Income | $75,939 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $138,849,834 | PYTotalRevenueAmt |
| CY Total Revenue | $130,746,516 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $8,249,411 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $5,776,569 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $737,044 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $722,441 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $129,579,782 | PYOtherExpensesAmt |
| CY Other Expenses | $123,657,642 | CYOtherExpensesAmt |
| PY Total Expenses | $138,566,237 | PYTotalExpensesAmt |
| CY Total Expenses | $130,156,652 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $283,597 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $589,864 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $291,649,436 | TotalAssetsBOYAmt |
| Total Assets EOY | $299,154,438 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $161,548,611 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $166,898,922 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $130,100,825 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $132,255,516 | NetAssetsOrFundBalancesEOYAmt |
| 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 |
| 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 | 35 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 180 | 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 | $127,942,192 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $156,642 | 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 (16 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) | $383,810 | $0 | $83,376 | ||
| DOUGLAS LOFTIS | |||||||
| MGR OF HR & | 40.00 | $206,073 | $0 | $54,886 | Yes (X) | ||
| SIDNEY ZIPPERER | |||||||
| MGR OF OPERA | 40.00 | $179,122 | $0 | $67,783 | Yes (X) | ||
| CHARLES TUCKER | |||||||
| MGR OF ENGIN | 40.00 | $176,470 | $0 | $64,751 | Yes (X) | ||
| DIXIE LIGHTFOOT | |||||||
| MGR, MEMB & | 40.00 | $174,297 | $0 | $64,385 | Yes (X) | ||
| BRENDA ALDRIDGE | |||||||
| MGR OF FINAN | 40.00 | $154,379 | $0 | $43,935 | Yes (X) | ||
| GARY A BRANCH | |||||||
| DIRECTOR | 3.00 | $29,172 | $0 | $0 | Yes (X) | ||
| B DON COPELAND | |||||||
| DIRECTOR | 3.00 | $29,172 | $0 | $0 | Yes (X) | ||
| TOMMY COTHRON | |||||||
| DIRECTOR | 3.00 | $29,172 | $0 | $0 | Yes (X) | ||
| BOBBY E EXUM | |||||||
| PRESIDENT | 3.00 | Yes (X) | $29,172 | $0 | $0 | Yes (X) | |
| HUEY HIERS | |||||||
| DIRECTOR | 3.00 | $29,172 | $0 | $0 | Yes (X) | ||
| SIMMIE KING | |||||||
| DIRECTOR | 3.00 | $29,172 | $0 | $0 | Yes (X) | ||
| PATTI PRICE NIEWOEHNER | |||||||
| VICE PRESIDE | 3.00 | Yes (X) | $29,172 | $0 | $0 | Yes (X) | |
| CLAY UNDERWOOD | |||||||
| SECRETARY-TR | 3.00 | Yes (X) | $29,172 | $0 | $0 | Yes (X) | |
| JAMES H GRINER SR | |||||||
| DIRECTOR | 3.00 | $14,586 | $0 | $0 | Yes (X) | ||
| BEN GRINER | |||||||
| DIRECTOR | 3.00 | $7,293 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,529,406 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $379,116 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 27 | 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 |
|---|---|---|---|---|---|
| CUNNINGHAM'S TREE SERVICE | |||||
| 1289 OLD CLYATTVILLE RD | VALDOSTA | GA | 31601 | CLEARING ROW | $2,088,705 |
| S & S CONSTRUCTORS INC | |||||
| 1520 US HWY 82 E | TIFTON | GA | 31794 | LINE CONSTRUCTI | $1,227,928 |
| NETWORK TECHNOLOGY SOLUTIONS LLC | |||||
| 119 EAST JACKSON ST | THOMASVILLE | GA | 31792 | NETWORK SUPPORT | $266,621 |
| DPW LOCK SERVICES LLC | |||||
| 604 TUCKER RD | MOULTRIE | GA | 317682313 | LOCKSMITH | $261,428 |
| KENTS JANITORIAL SERVICE | |||||
| 1124 SARRACENIA | MOULTRIE | GA | 31768 | JANITORIAL SERV | $156,366 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| ELECTRICITY SALES | 221000 | $127,942,192 | $127,942,192 | |
| G&T CAPITAL CREDITS | $1,391,852 | $1,391,852 | ||
| POLE RENTAL | $1,217,729 | $1,217,729 | ||
| PATRONAGE CAP-ASSOC ORG | $168,959 | $168,959 | ||
| GAIN/LOSS ON DISPOSITION | -$50,155 | -$50,155 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $130,670,577 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $75,939 | TotalRevenueColumnAmt |
| Exclusion | $75,939 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $130,746,516 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $129,452,848 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $1,293,668 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,776,569 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $722,441 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $841,109 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,593,728 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,401,375 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PURCHASED POWER | $82,524,816 |
| DISTRIBUTION MAINTENANCE | $9,241,583 |
| DISTRIBUTION OPERATIONS | $6,694,973 |
| ADMINISTRATIVE & GENERAL | $4,595,394 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,764,664 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $130,156,652 | 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 | $8,693,529 | BOYAmt |
| EOY | $8,669,845 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,007,740 | BOYAmt |
| EOY | $13,365,882 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,853,634 | BOYAmt |
| EOY | $4,303,566 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $571,540 | BOYAmt |
| EOY | $396,148 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $328,905,467 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $104,103,479 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $220,131,436 | BOYAmt |
| EOY | $224,801,988 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,168,232 | BOYAmt |
| EOY | $47,598,185 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $223,325 | BOYAmt |
| EOY | $18,824 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $291,649,436 | BOYAmt |
| EOY | $299,154,438 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,130,771 | BOYAmt |
| EOY | $10,603,080 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $122,274,688 | BOYAmt |
| EOY | $125,566,832 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,143,152 | BOYAmt |
| EOY | $30,729,010 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $161,548,611 | BOYAmt |
| EOY | $166,898,922 | 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 | $280,470 | BOYAmt |
| EOY | $286,055 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,820,355 | BOYAmt |
| EOY | $131,969,461 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,100,825 | BOYAmt |
| EOY | $132,255,516 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $291,649,436 | BOYAmt |
| EOY | $299,154,438 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $589,864 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $1,564,827 | 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 | $328,107,428 | OtherCostOrOtherBasisAmt |
| Depreciation | $104,103,479 | DepreciationAmt |
| Book Value | $224,003,949 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $224,801,988 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (10 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENT IN - OPC | $32,576,771 | C |
| INVESTMENT IN - GTC | $10,154,880 | C |
| INVESTMENT IN - NRUCFC | $2,517,536 | C |
| INVESTMENT IN - GRESCO | $962,341 | C |
| INVESTMENT IN - SMARR EMC | $478,074 | C |
| INVESTMENT IN - FEDERATED INSURANCE | $468,728 | C |
| INVESTMENT IN - SEDC | $381,458 | C |
| INVESTMENT IN - COOPERATIVE COMPUTER | $48,401 | C |
| INVESTMENT IN - GSOC | $7,767 | C |
| INVESTMENT IN - OTHER | $2,229 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $47,598,185 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCUM PROV FOR POSTRETIREMENT BENEFI | $22,827,424 |
| CONSUMER DEPOSITS | $4,505,284 |
| UNCLAIMED CAPITAL CREDITS | $3,396,302 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $30,729,010 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $130,746,516 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $130,746,516 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $130,746,516 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $124,380,083 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $124,380,083 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $5,776,569 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $5,776,569 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $130,156,652 | 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 5,776,569 | 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 | $371,855 | $1,000 | $10,955 | $55,515 | $27,861 | $467,186 |
| DOUGLAS LOFTIS | ||||||
| MGR OF HR & CORP SER | $193,620 | $1,000 | $11,453 | $27,869 | $27,017 | $260,959 |
| SIDNEY ZIPPERER | ||||||
| MGR OF OPERATIONS | $170,302 | $1,000 | $7,820 | $34,079 | $33,704 | $246,905 |
| CHARLES TUCKER | ||||||
| MGR OF ENGINEERING | $170,282 | $1,000 | $5,188 | $34,595 | $30,156 | $241,221 |
| DIXIE LIGHTFOOT | ||||||
| MGR, MEMB & OFF SVCS | $170,998 | $1,000 | $2,299 | $34,211 | $30,174 | $238,682 |
| BRENDA ALDRIDGE | ||||||
| MGR OF FINANCE/ACCT | $152,649 | $1,000 | $730 | $30,543 | $13,392 | $198,314 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 STATEMETN OF THE CORPORATION'S ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | PATRONAGE CAPITAL CREDITS 5,776,569 MEMBERSHIP FEES 5,585 PATRONAGE CAPITAL RETIREMENTS -3,203,833 OTHER EQUITIES -71,838 OTHER COMPREHENSIVE INCOME -941,656 TOTAL 1,564,827 |
Comments