SAWNEE ELECTRIC MEMBERSHIP CORP: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- SAWNEE ELECTRIC MEMBERSHIP CORP (EIN 58-0246393)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-04-24
- IRS object ID
- 201201159349300300
- Schema version
- 2011v1.2
- 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) |
|---|---|---|
| Timestamp | 2012-04-24T05:27:53-07:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | McNair McLemore Middlebrooks | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Post Office Box One | AddressLine1 |
| City | Macon | City |
| State | GA | State |
| ZIP Code | 312020001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580246393 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAWNEE ELECTRIC MEMBERSHIP CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SAWN | NameControl |
| Phone | 7708872363 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 266 | AddressLine1 |
| City | CUMMING | City |
| State | GA | State |
| ZIP Code | 30028 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL A GOODROE | Name |
| Title | President & CEO | Title |
| Date Signed | 2012-04-24 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | J RANDOLPH NICHOLS | Name |
| Phone | 4787466277 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 324758250 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c | X | Organization501c |
| Web Site | www.sawnee.com | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1938 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM'S SERVICE AREA, AS PROVIDED BY GEORGIA LAW, LENDER REQUIREMENTS AND OTHER REGULATORY AND INDUSTRY STANDARDS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 329 | TotalNbrEmployees |
| Total Gross UBI | 40198 | TotalGrossUBI |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 324252251 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 321688812 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3962975 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3029240 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 34890 | OtherRevenuePriorYear |
| Other Revenue Current Year | 40198 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 328250116 | TotalRevenuePriorYear |
| Total Revenue Current Year | 324758250 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 20644133 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3207139 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1467214 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 307896501 | OtherExpensePriorYear |
| Other Expenses Current Year | 302646903 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 311103640 | TotalExpensesPriorYear |
| Total Expenses Current Year | 324758250 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 17146476 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 0 | RevenuesLessExpensesCY |
| Total Assets BOY | 479185246 | TotalAssetsBOY |
| Total Assets EOY | 492438317 | TotalAssetsEOY |
| Total Liabilities BOY | 297874229 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 303061896 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 181311017 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 189376421 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM'S SERVICE AREA, AS PROVIDED BY GEORGIA LAW, LENDER REQUIREMENTS AND OTHER REGULATORY AND INDUSTRY STANDARDS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 324758250 | Expense |
| Revenue | 321688812 | Revenue |
| Description | TO PROVIDE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM'S SERVICE AREA, AS PROVIDED BY GEORGIA LAW, LENDER REQUIREMENTS AND OTHER REGULATORY AND INDUSTRY STANDARDS. | Description |
| Total Program Service Expense | 324758250 | TotalProgramServiceExpense |
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | true | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 63 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 329 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Gross Income From Members | 305246046 | GrossIncomeFromMembers |
| Gross Income Other Sources | 4031011 | GrossIncomeOtherSources |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Form720 Filed | false | Form720Filed |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Policies Reference Chapters | false | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | SAWNEE ELECTRIC MEM CORP | NamePerson |
| Telephone Number | 7708872363 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 266 | AddressLine1 |
| City | CUMMING | City |
| State | GA | State |
| ZIP Code | 30028 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Highest Compensated EmployeeHighestCompensatedEmployee | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer |
|---|---|---|---|---|---|---|---|
| VIRGINIA J ELLIS | |||||||
| CFO | 50.00 | X | 128290 | 0 | 69930 | ||
| TERRY MATHIS | |||||||
| Vice Chairman | 4.70 | 34363 | 0 | 0 | X | X | |
| RODNEY H REESE | |||||||
| Sec/Treasurer | 3.53 | 36262 | 0 | 0 | X | X | |
| PRESTON MARTIN | |||||||
| Director | 1.65 | 27312 | 0 | 0 | X | ||
| PHILIP G BRAMBLETT | |||||||
| LINE SUPERVISOR | 50.00 | X | 133759 | 0 | 19281 | ||
| MICHAEL A GOODROE | |||||||
| President & CEO | 50.00 | 367949 | 0 | 29180 | X | ||
| MARSHALL S MILLWOOD | |||||||
| Chairman | 3.84 | 35250 | 0 | 0 | X | X | |
| LARRY EVANS | |||||||
| Director | 2.58 | 28454 | 0 | 0 | X | ||
| LAMAR SEXTON | |||||||
| Director | 3.92 | 31138 | 0 | 0 | X | ||
| GARY PORTER | |||||||
| Director | 4.06 | 30543 | 0 | 0 | X | ||
| GARY MAULDIN | |||||||
| COO | 50.00 | X | 223382 | 0 | 102267 | ||
| FRANK COKER | |||||||
| Director | 4.04 | 30438 | 0 | 0 | |||
| DONNA O YOST | |||||||
| Director | 3.84 | 39887 | 0 | 0 | X | ||
| CHET BLACKSTOCK | |||||||
| VP-Operations | 50.00 | X | 125840 | 0 | 69742 | ||
| BILLY RICE | |||||||
| LINE SUPERVISOR | 50.00 | X | 132142 | 0 | 25725 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1405009 | TotalReportableCompFromOrg |
| Total Other Compensation | 316125 | TotalOtherCompensation |
| Number Individuals GT100 K | 10 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ROSS MAINTENANCE AND SERVICE LLC | |||||
| PO BOX 189 | NEWTON GROVE | NC | 28366 | CONTRACTOR | 764156 |
| MICROSOFT LICENSING | |||||
| 6100 NEIL RD | RENO | NV | 89511 | Software Licenses | 144975 |
| CONSTANGY BROOKS AND SMITH LLC | |||||
| 230 PEACHTREE ST NW | ATLANTA | GA | 30303 | ATTORNEY | 103147 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| POLE RENTAL REVENUE | 221000 | 2019886 | 2019886 |
| ELECTRICITY SALES | 221000 | 319668926 | 319668926 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 321688812 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3029240 | TotalRevenueColumn |
| Exclusion | $3,029,240 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Natural Gas Finders Fees | Description |
| Business Code | 541800 | BusinessCode |
| Total Revenue Column | 40198 | TotalRevenueColumn |
| Unrelated Business Revenue | 40198 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 40198 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 324758250 | TotalRevenueColumn |
| Related Or Exempt Function Income | 321688812 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 40198 | UnrelatedBusinessRevenue |
| Exclusion | $3,029,240 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20644133 | Total |
| Program Services | 20644133 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 690776 | Total |
| Program Services | 690776 | ProgramServices |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 776438 | Total |
| Program Services | 776438 | ProgramServices |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 236136 | Total |
| Program Services | 236136 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 713936 | Total |
| Program Services | 713936 | ProgramServices |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12179622 | Total |
| Program Services | 12179622 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14497803 | Total |
| Program Services | 14497803 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| Purchased Power | 225357184 | 225357184 |
| Distribution Operations | 11842231 | 11842231 |
| Distribution Maintenance | 12593398 | 12593398 |
| Consumer Accounts | 8846316 | 8846316 |
| Admin & General Exp | 7805874 | 7805874 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8574403 | Total |
| Program Services | 8574403 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 324758250 | Total |
| Program Services | 324758250 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7737384 | BOY |
| EOY | 35318343 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5048504 | BOY |
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16509835 | BOY |
| EOY | 14405491 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1538755 | BOY |
| EOY | 1708719 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 475046064 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 95318995 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 372514186 | BOY |
| EOY | 379727069 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19891243 | BOY |
| EOY | 28179620 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30366994 | BOY |
| EOY | 32454851 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25578345 | BOY |
| EOY | 644224 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 479185246 | BOY |
| EOY | 492438317 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31827252 | BOY |
| EOY | 29839642 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 223222278 | BOY |
| EOY | 220065807 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42824699 | BOY |
| EOY | 53156447 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 297874229 | BOY |
| EOY | 303061896 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 252580 | BOY |
| EOY | 242405 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 181058437 | BOY |
| EOY | 189134016 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 181311017 | BOY |
| EOY | 189376421 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 479185246 | BOY |
| EOY | 492438317 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 0 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 8065404 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformed |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3897017 | OtherCostOrOtherBasis |
| Book Value | 3897017 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 471149047 | OtherCostOrOtherBasis |
| Depreciation | 95318995 | Depreciation |
| Book Value | 375830052 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 379727069 | TotalOfBookValueLandBuildings |
| Total Of Book Value Program Related | 32454851 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Regulatory Liabilities | $28,179,620 |
| Deferred Credits | $98,602 |
| Consumer Deposits | $6,858,486 |
| Accum Prov for Pension & Benefits | $18,019,739 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 53156447 | TotalOfAmounts |
| Total Revenue | 324758250 | TotalRevenue |
| Total Expenses | 324758250 | TotalExpenses |
| Other | $8,065,404 | OtherAmount |
| Total Adjustments | 8065404 | TotalAdjustments |
| Excess Or Deficit Per FS | 8065404 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 316469873 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 316469873 | RevenueSubtotal |
| Other Revenues Not Included | 8288377 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 8288377 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 324758250 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 304114117 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 304114117 | ExpensesSubtotal |
| Other Expenses Not Included | 20644133 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 20644133 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 324758250 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part XIII, Line 4b | Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S | Patronage Capital Credits $20644133 |
| Part XII, Line 4b | Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S | Revenue Deferred Under ASC 980 $8288377 |
| Part XI, Line 8 | Part XI, Line 8: Other Changes in Net Assets or Fund Balances | RETIRED CAPITAL CREDIT GAINS $119523 DONATED CAPITAL $74093 PATRONAGE CAPITAL CREDITS $12355756 RETIREMENTS OF CAPITAL CREDITS $ -4473803 MEMBERSHIP FEES $ -10165 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg |
|---|---|---|---|---|
| VIRGINIA J ELLIS | ||||
| 123362 | 4928 | 44398 | 25532 | 198220 |
| PHILIP G BRAMBLETT | ||||
| 119468 | 14291 | 19281 | 153040 | |
| MICHAEL A GOODROE | ||||
| 306752 | 61197 | 29180 | 397129 | |
| GARY MAULDIN | ||||
| 207478 | 15904 | 74638 | 27629 | 325649 |
| CHET BLACKSTOCK | ||||
| 120148 | 5692 | 25705 | 44037 | 195582 |
| BILLY RICE | ||||
| 126363 | 5779 | 25725 | 157867 | |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Tri-Scapes | |||
| T.Mathis-Family | 111071 | Landscaping Services | false |
| Bagwell & Mathis Tire | |||
| T.Mathis-Family | 132312 | Tire Services | false |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990, Part VI, Line 19 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18. |
| Form 990, Part VI, Line 15b | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | KEY EMPLOYEE COMPENSATION IS REVIEWED AND APPROVED AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. |
| Form 990, Part VI, Line 12c | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICIES AS PROVIDED FOR IN ITS POLICIES WHICH ARE INCLUDED AS A PART OF THIS RETURN. |
| Form 990, Part VI, Line 11 | Form 990, Part VI, Line 11: Form 990 Review Process | FORM 990 IS REVIEWED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. |
| Form 990, Part VI, Line 7b | Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | 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, Part VI, Line 7a | Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body | 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, Part VI, Line 6 | Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. |
| Client Note 2 - Schedule D, Part XII, Line 4b (Disclosure for Schedule D, Part XIV)In 2011, the Corporation deferred revenue of $8,288,377 to be applied to future power cost increases. The $8,288,377 revenue deferral was approved by the Rural Utilities Service and adheres to U.S. GAAP under ASC 980. Form 990 does not recognize ASC 980. As a result, the $8,288,377 revenue deferral has been reported as current year revenue on Form 990, Part VIII.Schedule D, Part XIII, Line 4b (Disclosure for Schedule D, Part XIV)Form 990 requires 501(c)12 organizations to report patronage capital credits as an expense. U.S. GAAP does not recognize this amount as an expense. The result was $20,644,133 more expense on Form 990, Part IX than reported in the audited financial statements. | ||
| Client Note 1 - SAWNEE ELECTRIC MEMBERSHIP CORPORATION (SAWNEE) IS A MEMBER OF A NUMBER OF ORGANIZATIONS WHERE A SAWNEE OFFICER OR DIRECTOR MAY SERVE AS SAWNEE'S REPRESENTATIVE ON THE BOARD OF DIRECTORS. THESE INDIVIDUALS SERVE AT THE PLEASURE OF SAWNEE AND CAN SERVE ONLY AS LONG AS THEY REPRESENT SAWNEE. THE FOLLOWING INDIVIDUALS SERVED IN SUCH POSITIONS:MICHAEL A. GOODROE - DIRECTOR OF GEORGIA TRANSMISSION CORPORATION (GTC)MARSHALL S. MILLWOOD - DIRECTOR OF OGLETHORPE POWER CORPORATION (OPC)RODNEY H. REESE - DIRECTOR OF GEORGIA ELECTRIC MEMBERSHIP CORPORATION (GEMC) GTC IS A NOT-FOR-PROFIT CORPORATION ORGANIZED TO: - TRANSMIT ELECTRICITY FROM POWER SUPPLIERS TO POWER DISTRIBUTORS, THE ELECTRIC MEMBERSHIP COOPERATIVES (EMCs); THE EMCs DISTRIBUTE POWER TO RESIDENTIAL, COMMERCIAL AND INDUSTRIAL CUSTOMERS - PERFORMS JOINT PLANNING WITH THE STATE'S OTHER MAJOR UTILITIES AND THE EMCs TO MEET THE NEED FOR RELIABLE ELECTRIC SERVICE - CONSTRUCTS AND MAINTAINS FACILITIES NECESSARY TO PROVIDE RELIABLE TRANSMISSION SERVICES - PROVIDES OPEN ACCESS TO TRANSMISSION FACILITIES BASED ON AVAILABLE CAPACITY - BULDS NEW TRANSMISSION FACILITIES TO KEEP PACE WITH GROWTH WHILE BEING A GOOD STEWARD OF GEORGIA'S ENVIRONMENTAL, CULTURAL AND COMMUNITY RESOURCES - PROVIDES ASSOCIATED UTILITY SERVICES SAWNEE PAID $21,355,997 FOR THE ABOVE SERVICES PROVIDED BY GTC DURING 2011. OPC IS A NOT-FOR-PROFIT GEORGIA ELECTRIC MEMBERSHIP CORPORATION OWNED BY 38 RETAIL ELECTRIC DISTRIBUTION COOPERATIVE MEMBERS. OPC PROVIDES WHOLESALE ELECTRIC SERVICE TO ITS MEMBERS FOR A SUBSTANTIAL PORTION OF THEIR POWER REQUIREMENTS FROM A COMBINATION OF ITS GENERATION ASSETS AND POWER PURCHASED FROM POWER MARKETERS AND OTHER SUPPLIERS. SAWNEE PAID $141,528,125 FOR THE ABOVE SERVICES PROVIDED BY OPC DURING 2011. GEMC IS A NOT-FOR-PROFIT CORPORATION ORGANIZED TO: - FOSTER, DEVELOP AND ENCOURAGE THE PROGRAM OF RURAL ELECTRIFICATION IN THE STATE OF GEORGIA - FURTHER THE GENERAL WELFARE AND TO PROMOTE THE INTEREST OF THE MEMBERS OF GEMC; TO FURTHER THE SAFETY, STABILITY, SECURITY AND PROSPERITY OF ELECTRIC COOPERATIVES; TO AID IN SOLVING THE PROBLEMS COMMON TO ELECTRIC COOPERATIVES - DISSEMINATE INFORMATION RELATING TO THE RURAL ELECTRIFICATION PROGRAM; TO COOPERATE WITH FEDERAL, STATE AND MUNICIPAL AGENCIES IN THE PROMOTION OF RURAL ELECTRIFICATION AND NATIONAL, STATE, COMMUNITY AND RURAL DEVELOPMENT; TO PROVIDE SERVICES AND INFORMATIONAL PROGRAMS THAT WILL STIMULATE LOCAL GROWTH, STABILITY AND SECURITY AND STRENGTHEN THE ELECTRIC COOPERATIVE PROGRAM IN GEORGIA - OTHERWISE ASSIST THE MEMBERS OF GEMC TO PROVIDE ELECTRIC ENERGY TO INHABITANTS OF MEMBER SERVICE AREAS AT THE LOWEST POSSIBLE COST CONSISTENT WITH SOUND ECONOMY SAWNEE PAID $383,670 FOR THE ABOVE SERVICES PROVIDED BY GEMC DURING 2011. |
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