2012-05-11T13:52:37-07:00 2011-12-31 990 2011-01-01 580201495 COLQUITT ELECTRIC MEMBERSHIP CORP COLQ 2299853620 PO Box 3608 Moultrie GA 317763608 Rodney Allegood 2299853620 2012-05-11 2011 2016-02-24 21:20:13Z Danny Nichols PO Box 3608 Moultrie GA 317763608 127465185 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 119319273 124757781 100009 81908 2660717 2625496 122079999 127465185 0 0 0 7059083 12274409 13258581 0 0 0 104128496 107147521 116402905 127465185 5677094 0 201505541 203222332 115090429 115198510 86415112 88023822 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 127465185 127465185 Colquitt Electric Membership Corporation sold electricity and provided services to members as a rural electric cooperative. (42,847 members) 0 0 0 127465185 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 0 1 24 0 1 182 1 0 0 0 0 0 124757781 1701299 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 25694 0 0 Noel Childers 3 X 25694 0 0 Don Copeland 3 X 25694 0 0 Tommy Cothron 3 X X 25694 0 0 Bobby Exum 3 X X 25694 0 0 James H Griner Sr 3 X 24194 0 0 Huey Hiers 3 X 25694 0 0 Simmie King 3 X 25694 0 0 Bobby Griner 3 X 25694 0 0 Daniel L Nichols 40 X 204207 0 39031 Rodney V Allegood 40 X 127060 0 17844 Dixie S Lightfoot 40 X 119357 0 28865 Douglas K Loftis 40 X 119014 0 33179 Charles E Tucker 40 X 105082 0 32040 Sonya M Aldridge 40 X 103186 0 15942 Sidney G Zipperer 40 X 100012 0 31567 1107664 0 198468 7 0 1 0 Cunningham's Tree Service 1289 Old Clyattville Rd Valdosta GA 31601 Utility right of way trimming 1480092 S & S Constructors Inc 1520 U S Hwy 82E Tifton GA 31794 Line construction and meter reading 2123667 Southeastern Data Cooperative Inc 100 Ashford Center N - Ste 500 Atlanta GA 30338 Software support, bill printing, and mailing 693540 Aubrey Silvey Enterprises PO Box 890093 Charlotte NC 282890093 Construction - electric substation 189000 Cauthan Construction Co Inc 1321 West Hill Ave Valdosta GA 31601 Construction - office addition 402446 5 0 Sale of electricity 221000 124757781 124757781 0 0 0 0 0 0 124757781 81908 0 0 81908 0 0 0 0 0 0 0 0 0 0 0 0 Pole attachment rental 221000 1006105 0 0 1006105 Generation & transmission capital credits 221000 1416641 1416641 0 0 Capital credits from lender and others 221000 202750 202750 0 0 0 0 0 0 2625496 127465185 126377172 0 1088013 7059083 7059083 1391755 1391755 6989847 6989847 474231 474231 3793612 3793612 609136 609136 26993 26993 16250 16250 2477697 2477697 50031 50031 1053071 1053071 163381 163381 293840 293840 2404864 2404864 275998 275998 4094605 4094605 303874 303874 6565372 6565372 122531 122531 Cost of Electricity 87392673 87392673 0 0 Property and Franchise Taxes 1310234 1310234 0 0 Operations and Administration 596107 596107 0 0 127465185 127465185 0 0 656335 2453404 7893789 7273101 6812431 2182781 2129531 316514 365468 216798235 58753019 151264585 158045216 31918436 33416282 201505541 203222332 7784843 7506149 0 0 0 0 0 0 0 0 0 0 83262101 87149238 0 0 24043485 20543123 115090429 115198510 X 250915 254130 0 0 86164197 87769692 86415112 88023822 201505541 203222332 X 0 1608710 X 0 1 0 X 0 0 402014 402014 0 5255588 2477664 2777924 0 0 0 0 0 211140633 56275355 154865278 0 0 0 0 158045216 Membership Fees - Associated Organizations 2245 Interest Receivable 18910 Capital Term Certificate Investment with Lender 1781033 Equity Investment with Power Supplier 2208563 Patronage Capital Credits from Associated Organizations 29405531 33416282 0 Federal Unemployment Tax Accrued 5950 Social Security/Medicare Tax Accrued 28782 State Unemployment Tax Accrued 454 State Sales Tax Accrued 524214 Franchise Tax Accrued 284707 Loan Interest Accrued 148085 Vacation Accrued 550444 Payroll Labor Accrued 376240 Pension Contribution Accrued 34514 Member Utility Deposits 2020308 Provision for Retiree Medical Benefit 16413300 Deferred Credit - Unclassified Advance Payment on Microwave Project 156125 20543123 127465185 127465185 0 0 0 0 0 7059083 7059083 7059083 127465185 0 0 0 0 0 127465185 0 0 0 127465185 120406102 0 0 0 0 0 120406102 0 7059083 7059083 127465185 SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Audited financial statements reflect an excess of revenue over expenses of $7,059,083. Form 990 requires an expense input for 501(c)(12) organizations to reflect benefits paid to members which equals the patronage dividend of $7,059,083. The adjustment is necessary to reconcile this amount as profit. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Audited financial statements reflect an expense total of $120,406,102. Form 990 requires an expense input for 501(c)(12) organizations to reflect benefits paid to members which equals the patronage dividend of $7,059,083. The adjustment is necessary to reconcile this amount as an expense. X 0 0 0 Daniel L Nichols 203116 0 650 0 450 0 0 0 37118 0 241334 0 0 0 F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 Colquitt EMC has members that have the rights and privileges regarding election of directors, 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 board members from their board district 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_L05 Form 990, Part XI, Line 5 Membership Fees-New Members $3,215; Capital Credit Refund ($5,069,188); Retiree Medical Benefits FAS158-Change in Equity ($384,400); Patronage Dividends for Members-Current Year $7,059,083