2020-05-14T08:13:15-07:00 2019-12-31 990 2019-01-01 582231201 GEORGIA TRANSMISSION CORPORATION GEOR 7702707400 2100 East Exchange Place Tucker GA 30084 Jenny Buttrey Assistant Controller 7702707214 2020-03-31 198.184.248.181 2019 2021-04-22 16:20:28Z Jenny Buttrey Georgia Transmission Corporation 2100 East Exchange Place Tucker GA 30084 339084908 0 X www.gatrans.com X 1996 GA Transmission of Electricity 13 13 310 0 0 0 0 0 305745861 330462354 16809022 8622554 0 0 322554883 339084908 0 0 15166656 16365162 28656526 29808602 0 0 0 278731701 292911144 322554883 339084908 0 0 2789792363 2670389701 2476995829 2341228005 312796534 329161696 Transmission of Electricity 0 0 Principal Business is providing transmission services. At 12/31/19, Georgia Transmission Corporation owned approximately 3,470 miles of transmission lines and 752 substations. Georgia Transmission Corporation succeeded to all of Oglethorpe's rights and obligations with respect to the Integrated Transmission System. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 171 0 1 310 1 0 0 0 0 0 328560811 14957796 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Jenny Buttrey CPA 7702707214 Georgia Transmission Corporation 2100 East Exchange Place Tucker GA 30084 Raphael Brumbeloe Director 1 X 6800 0 0 David Dunaway Director 3 X 7500 0 0 Charles Fendley Director 2 X 13500 0 0 Michael Goodroe Director 2 X 7000 0 0 Otis Jones Director 1 X 11000 0 0 Ronnie Lee Director 2 X 6900 0 0 Robert L Lewis Director 3 X 6800 0 0 Steve Rawl Director 2 X 8700 0 0 Brad Thomas Director 2 X 8700 0 0 Jill Tietjen Director 4 X 25200 0 0 Tony Tucker Director 2 X 7000 0 0 Jack Waters Director 6 X 9300 0 0 Everett Williams Director 2 X 8700 0 0 Jerry Donovan President, CEO 40 X 560504 0 53002 Barbara Hampton CFO 40 X 456051 0 71999 Keith Daniel Vice President 40 X 346318 0 74415 David Van Winkle Vice President 40 X 283384 0 77063 John Raese Vice President 40 X 279875 0 63549 Angela Sheffield Vice President 40 X 263790 0 73039 Angela Farsee VP, Human Resources Group 40 X 263707 0 63027 Joe Sowell VP, System Planning 40 X 242676 0 70494 Lynn Huffines Controller 40 X 248936 0 64104 Angela Battle Manager, Transmission Projects 40 X 199355 0 35411 Robert Casey Manager, Member Planning Svcs 40 X 197912 0 53553 Craig Heighton Director, External Affairs 40 X 187936 0 64970 Jay Horsley Dir, Safety & Technical Training 40 X 190585 0 53802 Jason Snodgrass Director, Supply Chain Management 40 X 174315 0 56078 Lynn Watkins Manager, Rates 40 X 178427 0 41194 Thomas Leslie Manager, Bulk System Planning 40 X 166663 0 65784 Anne Hicks General Counsel 40 X 246926 0 72342 Patrick McGovern Manager, System Services 40 X 204870 0 43915 James Etheridge Manager, Transmission Line Maint 40 X 197693 0 54704 Nathan Lovett Manager, Relay and Controls Design 40 X 189900 0 53726 Anthony Wright Manager, Electronic Maint 40 X 193995 0 63117 5400918 0 1269288 189 0 1 0 Georgia System Operations Corporation 2100 East Exchange Place Tucker GA 30084 Shared Services and Control 35758102 Aubrey Silvey Construction 371 Hamp Jones Rd Carrollton GA 30117 Construction Services 13760453 Pike Electric Inc PO Box 1000 Dept 517 Memphis TN 38148 Construction Services 6417275 Everything Construction 700 Frog Rd Locust Grove GA 30248 Electrical Contractor - Construction/Maintenance 4563650 Service Electric 1631 East 25th Street Chattanooga TN 37404 Electrical Contractor - Construction/Maintenance 4199209 155 0 Network Services Revenue 221000 291089832 291089832 0 0 Transmission Rental Income 221000 37365878 37365878 0 0 Other Revenues 221000 4206644 4206644 0 0 Refund to Members 221000 -2200000 -2200000 0 0 0 0 0 0 330462354 8622554 8622554 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 339084908 339084908 0 0 0 0 0 16365162 4071383 0 18579428 0 5783880 1373911 0 219426 0 0 0 0 18182111 101719 4005807 0 0 0 889667 0 220136 87781666 0 90210958 1327611 Parity Expense 19994713 Control CenterSvs/Trans Reserve 14496455 Property/Other Taxes 24127592 GSOC Ops/SS Charges 29801154 1552129 339084908 0 0 0 0 0 41466464 102416421 0 0 35851042 34751386 0 0 0 0 0 0 15802437 18228253 254830054 48903077 3557015265 1116223810 2416648733 2440791455 25193633 25299109 2789792363 2670389701 317939588 257264271 0 0 26053 13026 94465000 94465000 0 0 0 0 2059141581 1983973982 5423607 5511726 2476995829 2341228005 X 312796534 329161696 0 0 312796534 329161696 2789792363 2670389701 X 0 0 0 0 0 16365162 X 0 1 X 1 0 0 392985368 392985368 0 164292005 71040029 93251976 0 0 0 0 0 2865696708 1038608168 1827088540 0 134041184 6575613 127465571 2440791455 Accumulated Provision for Benefits 2888686 Deferred Hedge Settlement 2588667 Gain on Bonds 34373 5511726 X 339084908 0 0 0 0 0 339084908 0 0 0 339084908 322719746 0 0 0 0 0 322719746 0 16365162 16365162 339084908 Schedule D, Part X, Line 2 The FASB issued new guidance on Accounting for Uncertainty in Income Taxes. Georgia Transmission Corporation adopted this new guidance for the year ended December 31, 2009. Management has examined Georgia Transmission Corporation's tax positions and concluded that no uncertain tax positions that require adjustments to the financial statements to comply with the provisions of this guidance have been taken. Georgia Transmission Corporation is generally not subject to income tax examinations by federal, state or local tax authorities for years before 2015. Schedule D, Part XII, Line 4b Amount represents the financial reporting net income that is reflected as patronage capital "paid" for 2019 to the members. For financial reporting purposes, the amount is not yet distributed. X X 1 1 X X X X 0 1 0 Raphael Brumbeloe Director 6800 0 0 0 0 0 0 0 0 0 6800 0 0 0 David Dunaway Director 7500 0 0 0 0 0 0 0 0 0 7500 0 0 0 Charles Fendley Director 13500 0 0 0 0 0 0 0 0 0 13500 0 0 0 Michael Goodroe Director 7000 0 0 0 0 0 0 0 0 0 7000 0 0 Otis Jones Director 11000 0 0 0 0 0 0 0 0 0 11000 0 Ronnie Lee Director 6900 0 0 0 0 0 0 0 0 0 6900 0 Robert L Lewis Director 6800 0 0 0 0 0 0 0 0 0 6800 0 Steve Rawl Director 8700 0 0 0 0 0 0 0 0 0 8700 0 Brad Thomas Director 8700 0 0 0 0 0 0 0 0 0 8700 0 Jill Tietjen Director 25200 0 0 0 0 0 0 0 0 0 25200 0 Tony Tucker Director 7000 0 0 0 0 0 0 0 0 0 7000 0 Jack Waters Director 9300 0 0 0 0 0 0 0 0 0 9300 0 Everett Williams Director 8700 0 0 0 0 0 0 0 0 0 8700 0 0 Jerry Donovan President, CEO 494302 0 24071 0 42131 0 26542 0 26461 0 613507 0 Barbara Hampton CFO 417635 0 774 0 37642 0 37000 0 34999 0 528050 0 Keith Daniel Vice President 314558 0 774 0 30986 0 37000 0 37415 0 420733 0 David Van Winkle Vice President 263717 0 774 0 18893 0 37000 0 40063 0 360447 0 John Raese Vice President 260947 0 774 0 18154 0 37000 0 26549 0 343424 0 0 Angela Sheffield Vice President 249783 0 1274 0 12733 0 37000 0 36039 0 336829 0 Angela Farsee VP, Human Resources Group 245947 0 774 0 16986 0 37000 0 26027 0 326734 0 Joe Sowell VP, System Planning 233820 0 774 0 8082 0 36939 0 33555 0 313170 0 Lynn Huffines Controller 241665 0 774 0 6497 0 37000 0 27104 0 313040 0 Angela Battle Manager, Transmission Projects 195442 0 1274 0 2639 0 22170 0 13241 0 234766 0 Robert Casey Manager, Member Planning Svcs 184242 0 2774 0 10896 0 28652 0 24901 0 251465 0 Craig Heighton Director, External Affairs 179823 0 774 0 7339 0 29247 0 35724 0 252907 0 Jay Horsley Dir, Safety & Technical Training 180479 0 774 0 9333 0 28977 0 24824 0 244387 0 Jason Snodgrass Director, Supply Chain Management 172426 0 774 0 1115 0 28461 0 27617 0 230393 0 Lynn Watkins Manager, Rates 172767 0 774 0 4886 0 27538 0 13656 0 219621 0 Thomas Leslie Manager, Bulk System Planning 158872 0 774 0 7017 0 26596 0 39187 0 232446 0 Anne Hicks General Counsel 240124 0 4052 0 2750 0 37000 0 35342 0 319268 0 Patrick McGovern Manager, System Services 198140 0 774 0 5956 0 31311 0 12604 0 248785 0 James Etheridge Manager, Transmission Line Maint 185983 0 774 0 10936 0 29740 0 24964 0 252397 0 Nathan Lovett Manager, Relay and Controls Design 185785 0 774 0 3341 0 29581 0 24145 0 243626 0 Anthony Wright Manager, Electronic Maint 180709 0 774 0 12512 0 27464 0 35653 0 257112 0 Schedule J, Part I, Line 1a All Georgia Transmission Corporation Officers and qualifying associates are eligible to receive a car allowance. The amounts range from $6,000 to $12,000. Amounts received are not grossed up for income tax purposes and the respective amount is reflected as part of gross wages, box 1, Form W-2 for each respective individual receiving an allowance. Car allowances are reviewed annually. With respect to the actual car allowance, no documentation is required to be presented to receive the allowance other than required Board approval. Mileage reimbursement is, however, required to be substantiated prior to receipt of funds. Reimbursement is obtained through submission of an authorized expense report. For tax year 2019, qualifying associates received a one-time gross up bonus payment for meeting wellness goals. Schedule J, Part I, Line 3 Georgia Transmission Corporation (GTC) has a compensation committee that is subset of the Board of Directors. GTC's CEO salary is market reviewed annually and submitted by Human Resources to the committee for approval. The committee would then present the salary increase recommendation to the Board of Directors for final approval. Schedule J, Part I, Line 4 Non-qualified plan participants include: Jerry Donovan $12,500, Barbara Hampton $18,545, Keith Daniel $13,895, David VanWinkle $6,461, John Raese $4,878, Angela Sheffield $3,153, Angela Farsee $2,488 A Development Authority of Burke County Georgia Transmission Corporation Vogtle Project 121342NL9 2015-05-01 94465000 Pollution Control Bonds 0 0 0 A 0 0 94465000 0 0 0 0 0 0 0 0 0 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 Form 990, Part VI, Section A, Line 6 Georgia Transmission Corporation is a tax exempt 501(c)(12) entity whose membership consists of 38 EMCs in the state of Georgia and Oglethorpe Power Corporation, a Not for Profit Electric Membership Corporation. Form 990, Part VI, Section A, Line 7a The corporation has members who elect members of the governing body as provided for in its bylaws. Form 990, Part VI, Section A, Line 7b Certain decisions of the governing body are subject to approval by members as provided for in its bylaws. Form 990, Part VI, Section B, Line 11b The preparer is a licensed CPA in the state of Georgia. Information is accumulated from the Georgia Transmission Corporation financial statements and supporting detail for the respective tax year. Form 990 is prepared and documented accordingly. For 2019, a draft of form 990 will be reviewed by an additional CPA, internal to Georgia Transmission Corporation. All comments from the review process are documented, addressed and if appropriate, any necessary changes are made to the Form 990. Once changes are made, the draft form 990 is discussed with the reviewer to ensure all review points are cleared. A draft copy of the Form 990 is also submitted to and discussed with the Board. Any subsequent comments and requested changes will be reviewed and addressed accordingly. The final version of the Form 990 will be e-filed. Form 990, Part VI, Section B, Line 12c Georgia Transmission Corporation maintains a corporate policy that provides guidelines and standards for the employees and directors of Georgia Transmission Corporation to avoid conflicts of interest or any appearance of conflicts of interest, so that the affairs of Georgia Transmission Corporation may be carried out in a businesslike and ethical manner. At time of hiring, all employees are required to review this policy and sign an acknowledgement that they have received and understand the policy. To ensure continued compliance with this policy, Georgia Transmission Corporation Internal Audit coordinates the mail out and receipt of questionnaires annually to all associates and board members, which require these individuals to disclose any potential conflicts of interest. An audit is performed of all disclosures to determine whether an actual conflict of interest exists and what actions need to be taken. Results of the audit are reported to the Audit Committee of the Board. Form 990, Part VI, Section B, Line 15 Georgia Transmission Corporation has a compensation committee that is a subset of the Board of Directors. The CEO salary is market reviewed annually and submitted by Human Resources to the committee for approval. The committee would then present the salary increase recommendation to the Board of Directors for final approval. Form 990, Part VI, Section C, Line 19 Currently, Georgia Transmission Corporation publishes its financial statements in PDF format on its website www.gatrans.com. Any governing documents and conflict of interest policy are available on the inter-company document retrieval system and available upon request by the public. Form 990, Part XI, Line 9 Amount represents the financial reporting net income that is reflected as patronage capital "paid" for 2019 to the members. For financial reporting purposes, the amount is not yet distributed.