2013-06-28T09:48:13-07:00 2012-12-31 990 2012-01-01 580201495 COLQUITT ELECTRIC MEMBERSHIP CORP COLQ 2299853620 PO Box 3608 Moultrie GA 317763608 Rodney Allegood 2299853620 2013-06-28 2012 2016-02-24 21:20:13Z Danny Nichols PO Box 3608 Moultrie GA 317763608 125476397 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 9 182 0 0 0 0 0 124757781 122614767 81908 77939 2625496 2783691 127465185 125476397 0 0 7059083 6710675 13258581 14046780 0 0 0 107147521 104718942 127465185 125476397 0 0 203222332 220151412 115198510 127932979 88023822 92218433 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 125476397 125476397 Colquitt Electric Membership Corporation sold electricity and provided services to members as a rural electric cooperative. (43,160 members) 0 0 0 125476397 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 27 0 1 182 1 0 0 0 0 0 122614797 1704015 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 0 0 0 0 0 0 X Rodney Allegood 2299853620 15 Rowland Dr Moultrie GA 317684169 Gary A Branch 3 X X 26548 0 0 Noel Childers 3 X 26548 0 0 Don Copeland 3 X 26548 0 0 Tommy Cothron 3 X 26548 0 0 Bobby Exum 3 X X 26548 0 0 Bobby Griner 3 X 26548 0 0 James H Griner Sr 3 X 26548 0 0 Huey Hiers 3 X X 26548 0 0 Simmie King 3 X 26548 0 0 Daniel L Nichols 40 X 218033 0 41061 Rodney V Allegood 40 X 135850 0 21974 Dixie S Lightfoot 40 X 123866 0 33717 Douglas K Loftis 40 X 135735 0 39683 Charles E Tucker 40 X 108790 0 37015 Sonya M Aldridge 40 X 105448 0 18948 Sidney G Zipperer 40 X 105469 0 29685 1172123 0 222083 7 0 1 0 Cunningham's Tree Service 1289 Old Clyattville Rd Valdosta GA 31601 Utility right of way trimming 1516701 S & S Constructors Inc 1520 U S Hwy 82E Tifton GA 31794 Line construction and meter reading 1850562 Southeastern Data Cooperative Inc 100 Ashford Center N - Ste 500 Atlanta GA 30338 Software support, bill printing, and mailing 629545 Kents Janitorial Service 1124 Sarracenia Moultrie GA 31768 Janitorial service 103766 Tower Services of South Georgia LLC 3028 Moore Crossing Rd Valdosta GA 31606 Tower construction and repairs 106782 5 0 Sale of electricity 221000 122614767 122614767 0 0 0 0 0 0 122614767 77939 77939 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pole attachment rental 221000 1157615 0 0 1157615 Capital credits from G&T cooperative 221000 1410683 1410683 0 0 Capital credits from lender and others 221000 215393 215393 0 0 0 0 0 0 2783691 125476397 124318782 0 1157615 6710675 6710675 1494146 1494146 7153988 7153988 612248 612248 4166962 4166962 619436 619436 58958 58958 16475 16475 978255 978255 41730 41730 891654 891654 189176 189176 319298 319298 2368938 2368938 207593 207593 4171376 4171376 0 0 296937 296937 6925600 6925600 0 0 129622 129622 Cost of electricity 84843987 84843987 0 0 Property and franchise taxes 1455881 1455881 0 0 Operations and administration 1823462 1823462 0 0 125476397 125476397 0 0 2453404 2968234 8000000 6812431 7823080 2129531 2168219 365468 362562 227579712 63712883 158045216 163866829 33416282 34962488 203222332 220151412 7506149 7493661 0 0 0 0 0 87149238 97198855 0 20543123 23240463 115198510 127932979 X 254130 256895 0 0 87769692 91961538 88023822 92218433 203222332 220151412 X 0 0 0 0 0 4194611 X 0 1 0 0 0 701539 701539 0 5489324 2562664 2926660 0 0 0 0 0 221388849 61150219 160238630 0 0 0 0 163866829 Membership fees - associated organizations 2245 Interest receivable 18910 Capital term certificate investment with lender 1772912 Equity investment with power supplier 2208563 Patronage capital credits from associated organizations 30959858 34962488 0 Federal unemployment tax accrued 2329 Social security/medicare tax accrued 29450 State unemployment tax accrued 467 State sales tax accrued 568820 Franchise tax accrued 295333 Loan interest accrued 235263 Vacation accrued 548323 Payroll labor accrued 384961 Pension contribution accrued 34689 Member utility deposits 2071728 Provision for retiree medical benefit 19069100 23240463 125476397 0 0 0 0 0 125476397 0 0 0 125476397 118765722 0 0 0 0 0 118765722 0 6710675 6710675 125476397 SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Audited financial statements reflect an expense total of $118,765,722. Form 990 requires an expense input for 501(c)(12) organizations to reflect benefits paid to members which equals the patronage dividend of $6,710,675. The adjustment is necessary to reconcile the classification of this amount as an expense. X 0 0 0 Daniel L Nichols 216690 0 650 0 693 0 0 0 36775 0 254808 0 0 0 F990_P06_S0A_L06 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. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a All members have the same voting rights to elect directors from their board districts periodically. F990_P06_S0A_L07b 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. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b No review was or will be conducted. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 No documents are available to the general public. F990_P11_S00_L09 Form 990, Part XI, Line 9 Membership fees from new members $2,765; Capital credit refund to members ($1,290,429); Retiree medical benefits-change in equity recognized ($1,228,400); Patronage dividends for members-current year $6,710,675