2014-06-10T11:24:06-07:00 2013-12-31 990 2013-01-01 580201495 COLQUITT ELECTRIC MEMBERSHIP CORP COLQ 2299853620 PO Box 3608 Moultrie GA 317763608 Brenda Jarrett Manager of Office Services 2299853620 2014-06-10 2013 2015-11-30 17:44:51Z X Daniel L Nichols P O Box 3608 Moultrie GA 31776 127848495 0 X www.colquittemc.com X 1936 GA Colquitt Electric Membership Corporation sells electricity and provides services to member-owners as a rural electric cooperative. 9 9 184 0 0 0 0 0 122614767 125145376 77939 78505 2783691 2624614 125476397 127848495 0 0 6710675 6124396 14046780 15717924 0 0 0 104718942 106006175 125476397 127848495 0 0 220151412 228507000 127932979 139767120 92218433 88739880 Colquitt Electric Membership Corporation sells electricity and provides services to its member-owners by operating on a non-profit basis. The cooperative provides democratic control through board member elections and the vesting in the members of the net profits in proportion to the members' patronage. 0 0 127848495 0 127848495 Colquitt Electric Membership Corporation sold electricity and provided services to members as a rural electric cooperative. (43,393 members) 0 0 0 127848495 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 1 184 1 0 0 0 0 0 125145376 1732983 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 0 0 0 0 0 0 GA X Brenda Jarrett 2299853620 15 Rowland Drive Moultrie GA 317684169 Gary A Branch Vice-President 3 X X 27260 0 0 Noel Childers Board Member 3 X 27260 0 0 Don Copeland Board Member 3 X 27260 0 0 Tommy Cothron Board Member 3 X 27260 0 0 Bobby Exum President 3 X X 27260 0 0 Bobby Griner Board Member 3 X 25760 0 0 James H Griner Sr Board Member 3 X 25760 0 0 Huey Hiers Secretary-Treasurer 3 X X 27260 0 0 Simmie King Board Member 3 X 27260 0 0 Daniel L Nichols General Manager 40 X 230456 0 43879 Rodney V Allegood Manager of Office Services 40 X 144398 0 23502 Dixie S Lightfoot District Manager 40 X 127679 0 35877 Douglas K Loftis Manager of Administrative Services 40 X 136320 0 41904 Charles E Tucker Manager of Engineering 40 X 115844 0 39834 Sonya M Aldridge Manager of Member Services 40 X 105085 0 19620 Sidney G Zipperer Manager of Operations 40 X 113442 0 31983 William R Foy Operations Superintendent 40 X 104374 0 38663 1319938 0 275262 8 0 1 1 Cunningham's Tree Service 1289 Old Clyattville Rd Valdosta GA 31601 Utility right of way trimming 1791196 S & S Constructors Inc 1520 U S Hwy 82E Tifton GA 31794 Line construction and meter reading 1627020 Southeastern Data Cooperative Inc 100 Ashford Center N - Ste 500 Atlanta GA 30338 Software support, bill printing, and mailing 672742 Kents Janitorial Service 1124 Sarracenia Moultrie GA 31768 Janitorial service 103766 Young Thagard Hoffman Smith and Lawrence P O Box 3007 Valdosta GA 31604 Legal Services 194716 5 0 0 0 0 0 0 0 0 Sale of Electricity 221000 125145376 125145376 0 0 0 0 0 0 125145376 78505 78505 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pole Attachment Rental 221000 970136 0 0 970136 Capital Credits - G&T Cooperative 221000 1432202 1432202 0 0 Capital Credits From Lenders/Oth 221000 222276 222276 0 0 2624614 127848495 126878359 0 970136 6124396 1734946 0 7130811 711518 5504060 636589 30769 16775 1007802 52187 884848 205082 337635 2304411 223316 4230012 275338 7264761 130431 Cost of Electricity 85760355 Property and Franchise Taxes 1169214 Operations and Administration 2113239 127848495 0 0 0 2968234 11090484 8000000 0 7823080 7809173 2168219 2455195 362562 475399 236738439 66629919 163866829 170108520 34962488 36568229 220151412 228507000 7493661 7712888 97198855 98637244 23240463 33416988 127932979 139767120 X 256895 0 0 0 91961538 88739880 92218433 88739880 220151412 228507000 X 0 0 0 0 0 -3478553 X 0 1 X 1 0 0 726539 726539 0 6119834 2764644 3355190 0 0 0 0 0 229892066 63865275 166026791 0 0 0 0 170108520 Membership Fees - Associated Organizations 2245 Interest Receivable 18910 Capital Term Certificate Investment with Lender 1764362 Equity Investment with Power Supplier 2208563 Patronage Capital Credits from Associated Organizations 32574149 36568229 0 Federal Unemployment Tax Accrued 2695 Social Security/Medicare Tax Accrued 33767 State Unemployment Tax Accrued 562 State Sales Tax Accrued 560859 Franchise Tax Accrued 296425 Loan Interest Accrued 212679 Vacation and Pension Accrued 574758 Payroll Labor Accrued 441400 Member Utility Deposits 2361543 Provision for Retiree Medical Benefit 28932300 33416988 127848495 0 0 0 0 0 127848495 0 0 0 127848495 121724099 0 0 0 0 0 121724099 0 6124396 6124396 127848495 Schedule D, Part XII, Line 4b Schedule D, Part XII, Line 4b - Audited financial statements reflect an expense total of $121,724,099. Form 990 requires an expense input for 501(c)(12) organizations to reflect benefits paid to members which equals the patronage dividend of $6,124,396. The adjustment is necessary to reconcile the classification of this amount as an expense. 0 0 0 Daniel L Nichols General Manager 229211 0 700 0 545 0 0 0 45601 0 276057 0 0 0 Form 990, Part VI, Section A, Line 6 Colquitt Electric Membership Corporation has members that have the rights and privileges regarding election of board members, approval of by-law changes and sharing of net profits. Form 990, Part VI, Section A, Line 7a All members of the cooperative have the same voting rights to approve the Board of Directors. Each member has one vote. Form 990, Part VI, Section A, Line 7b All members have the same voting rights to approve the Board of Directors decision to dissolve the cooperative. Form 990, Part VI, Section B, Line 11b No review was or will be conducted. Form 990, Part VI, Section C, Line 19 No documents are available to the general public. Form 990, Part XI, Line 9 Membership fees from new members, $1,810; Capital credit refund to members ($2,354,659); Retiree medical benefits change in equity recognized ($7,250,100); Patronage dividends for members - current year $6,124,396. An extension was filed April 23, 2014 and granted May 19, 2014 due to a change in accounting management.