COLQUITT ELECTRIC MEMBERSHIP CORP: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- COLQUITT ELECTRIC MEMBERSHIP CORP (EIN 58-0201495)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-10-23
- IRS object ID
- 201922969349300642
- Schema version
- 2018v3.1
- 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 | 2019-10-23T12:43:42-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | 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 | 2018-01-01 | 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 | 2019-10-23 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JASON A PEACOCK | PreparerPersonNm |
| PTIN | P00978537 | PTIN |
| Phone | 4787466277 | PhoneNum |
| Preparation | 2019-10-23 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | 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 | $136,004,025 | 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 | 186 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $10,157 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $127,790,143 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $135,752,797 | CYProgramServiceRevenueAmt |
| PY Investment Income | $269,731 | PYInvestmentIncomeAmt |
| CY Investment Income | $251,228 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $128,059,874 | PYTotalRevenueAmt |
| CY Total Revenue | $136,004,025 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $5,274,745 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $5,377,844 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $627,307 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $698,185 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $121,886,100 | PYOtherExpensesAmt |
| CY Other Expenses | $129,686,403 | CYOtherExpensesAmt |
| PY Total Expenses | $127,788,152 | PYTotalExpensesAmt |
| CY Total Expenses | $135,762,432 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $271,722 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $241,593 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $267,561,997 | TotalAssetsBOYAmt |
| Total Assets EOY | $273,432,100 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $153,651,156 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $156,347,033 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $113,910,841 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $117,085,067 | 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 |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| 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 With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| 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 | 39 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 186 | 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 | $132,985,958 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $367,216 | 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 | 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 | BRENDA JARRETT | 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 | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| GARY A BRANCH | |||||||
| DIRECTOR | 3.00 | Yes (X) | $29,004 | $0 | $0 | ||
| B DON COPELAND | |||||||
| DIRECTOR | 3.00 | Yes (X) | $29,004 | $0 | $0 | ||
| HUEY HIERS | |||||||
| PRESIDENT | 3.00 | Yes (X) | $29,004 | $0 | $0 | Yes (X) | |
| PATTI PRICE NIEWOEHNER | |||||||
| DIRECTOR | 3.00 | Yes (X) | $29,004 | $0 | $0 | ||
| TOMMY COTHRON | |||||||
| SECRETARY-TR | 3.00 | Yes (X) | $29,004 | $0 | $0 | Yes (X) | |
| BOBBY E EXUM | |||||||
| VICE PRESIDE | 3.00 | Yes (X) | $29,004 | $0 | $0 | Yes (X) | |
| JAMES H GRINER SR | |||||||
| DIRECTOR | 3.00 | Yes (X) | $29,004 | $0 | $0 | ||
| SIMMIE KING | |||||||
| DIRECTOR | 3.00 | Yes (X) | $29,004 | $0 | $0 | ||
| BOBBY GRINER | |||||||
| DIRECTOR | 3.00 | Yes (X) | $21,753 | $0 | $0 | ||
| CLAY UNDERWOOD | |||||||
| DIRECTOR | 3.00 | Yes (X) | $7,251 | $0 | $0 | ||
| DANIEL NICHOLS | |||||||
| GENERAL MANA | 50.00 | $348,256 | $0 | $89,893 | Yes (X) | ||
| DOUGLAS LOFTIS | |||||||
| MGR OF HR & | 40.00 | $188,441 | $0 | $59,482 | Yes (X) | ||
| CHARLES TUCKER | |||||||
| MGR OF ENGIN | 40.00 | $162,414 | $0 | $64,302 | Yes (X) | ||
| SIDNEY ZIPPERER | |||||||
| MGR OF OPERA | 40.00 | $158,212 | $0 | $54,503 | Yes (X) | ||
| DIXIE LIGHTFOOT | |||||||
| DISTRICT MGR | 40.00 | $157,768 | $0 | $57,817 | Yes (X) | ||
| JUSTIN BROWN | |||||||
| LINE FOREMAN | 40.00 | $142,544 | $0 | $52,981 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,418,671 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $378,978 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 26 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KENTS JANITORIAL SERVICE | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1124 SARRACENIA | AddressLine1Txt |
| City | MOULTRIE | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 31768 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | JANITORIAL SERV | ServicesDesc |
| Compensation | $106,366 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| ELECTRICITY SALES | 221000 | $132,985,958 | $132,985,958 | |
| G&T CAPITAL CREDITS | $1,462,047 | $1,462,047 | ||
| POLE RENTAL | $1,091,234 | $1,091,234 | ||
| PATRONAGE CAP-ASSOC ORG | $223,192 | $223,192 | ||
| GAIN/DISP OF PROPERTY | -$9,634 | -$9,634 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $135,752,797 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $251,228 | TotalRevenueColumnAmt |
| Exclusion | $251,228 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $136,004,025 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $134,661,563 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $1,342,462 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,377,844 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $698,185 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,560,891 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,332,114 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PURCHASED POWER | $88,757,456 |
| DISTRIBUTION MAINTENANCE | $8,880,486 |
| DISTRIBUTION OPERATIONS | $7,084,541 |
| ADMINISTRATIVE & GENERAL | $5,972,626 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,098,289 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $135,762,432 | 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 | $10,265,838 | BOYAmt |
| EOY | $6,637,528 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,941,456 | BOYAmt |
| EOY | $7,194,406 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,521,538 | BOYAmt |
| EOY | $3,860,971 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $427,092 | BOYAmt |
| EOY | $382,422 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $299,017,679 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $89,240,287 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $202,445,362 | BOYAmt |
| EOY | $209,777,392 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,003,713 | BOYAmt |
| EOY | $44,600,056 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $956,998 | BOYAmt |
| EOY | $979,325 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $267,561,997 | BOYAmt |
| EOY | $273,432,100 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,710,654 | BOYAmt |
| EOY | $9,735,499 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,579,411 | BOYAmt |
| EOY | $115,280,043 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,361,091 | BOYAmt |
| EOY | $31,331,491 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $153,651,156 | BOYAmt |
| EOY | $156,347,033 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $272,605 | BOYAmt |
| EOY | $276,125 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,638,236 | BOYAmt |
| EOY | $116,808,942 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,910,841 | BOYAmt |
| EOY | $117,085,067 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $267,561,997 | BOYAmt |
| EOY | $273,432,100 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $241,593 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $2,932,633 | 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 | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
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 | $298,219,640 | OtherCostOrOtherBasisAmt |
| Depreciation | $89,240,287 | DepreciationAmt |
| Book Value | $208,979,353 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $209,777,392 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (10 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENT IN - OPC | $30,625,199 | C |
| INVESTMENT IN - GTC | $9,216,861 | C |
| INVESTMENT IN - NRUCFC | $2,538,719 | C |
| INVESTMENT IN - GRESCO | $900,526 | C |
| INVESTMENT IN - SMARR EMC | $478,074 | C |
| INVESTMENT IN - FEDERATED INSURANCE | $417,442 | C |
| INVESTMENT IN - SEDC | $365,838 | 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 | $44,600,056 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCUM PROV FOR POSTRETIREMENT | $24,654,870 |
| CONSUMER DEPOSITS | $4,039,673 |
| UNCLAIMED CAPITAL CREDITS | $2,636,948 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $31,331,491 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $136,004,025 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $136,004,025 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $136,004,025 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $130,384,588 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $130,384,588 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $5,377,844 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $5,377,844 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $135,762,432 | 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 5,377,844 | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 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 | $321,843 | $12,862 | $13,551 | $62,893 | $27,000 | $438,149 |
| DOUGLAS LOFTIS | ||||||
| MGR OF HR & CORP SER | $170,664 | $8,765 | $9,012 | $33,486 | $25,996 | $247,923 |
| CHARLES TUCKER | ||||||
| MGR OF ENGINEERING | $150,057 | $6,745 | $5,612 | $28,934 | $35,368 | $226,716 |
| SIDNEY ZIPPERER | ||||||
| MGR OF OPERATIONS | $146,621 | $8,306 | $3,285 | $27,864 | $26,639 | $212,715 |
| DIXIE LIGHTFOOT | ||||||
| DISTRICT MGR | $149,897 | $6,413 | $1,458 | $28,487 | $29,330 | $215,585 |
| JUSTIN BROWN | ||||||
| LINE FOREMAN | $141,457 | $1,000 | $87 | $18,181 | $34,800 | $195,525 |
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 5,377,844 OTHER EQUITIES 208,710 MEMBERSHIP FEES 3,520 OTHER COMPREHENSIVE INCOME -50,530 PATRONAGE CAPITAL RETIREMENTS -2,606,911 TOTAL 2,932,633 |
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