2011-11-01T11:05:40-07:00 2010-12-31 McNair McLemore Middlebrooks Post Office Box One MACON GA 312020001 990 2010-01-01 580246393 SAWNEE ELECTRIC MEMBERSHIP CORPORATION SAWN 7708872363 PO BOX 266 CUMMING GA 30028 MICHAEL A GOODROE 2011-11-01 J RANDOLPH NICHOLS 4787466277 2010 2016-03-07 17:11:31Z MICHAEL A GOODROE PO BOX 266 CUMMING GA 30028 328250116 false false X www.sawnee.com X 1938 GA 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. 9 9 312 34890 0 303346852 324252251 5352872 3962975 34890 308699724 328250116 0 0 700617 3207139 0 0 290207674 307896501 290908291 311103640 17791433 17146476 495891070 479185246 328505354 297874229 167385716 181311017 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. false false 311103640 324252251 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. 311103640 false false false false false false false false false false true false true true true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false true 62 0 true 312 true true true false false false false false false false false false 322070414 499287 false false false false X 9 9 false false false false true true true true true false false false true true true true true true true true false false GA X SAWNEE ELECTRIC MEM CORP 7708872363 PO BOX 266 CUMMING GA 30028 TERRY MATHIS 3.90 X X 33908 0 0 RODNEY H REESE 4.40 X X 30972 0 0 RICKY KIRKLAND 50.00 X 123438 0 45316 PRESTON MARTIN 2.70 X 28937 0 0 MICHAEL A GOODROE 50.00 X 2229334 0 57046 MARSHALL S MILLWOOD 4.20 X X 34295 0 0 LARRY EVANS 3.20 X 29236 0 0 LAMAR SEXTON 3.40 X 30998 0 0 JEFFERY SATTERFIELD 50.00 X 120713 0 39421 J FRANK NIX 1.10 X 9938 0 0 GARY PORTER 2.30 X 22239 0 0 GARY MAULDIN 50.00 X 209360 0 87614 FRANK COKER 3.10 X 26753 0 0 DONNA O YOST 3.40 X 36009 0 0 DEWAYNE FARR 0.00 X 139882 0 61562 CHET BLACKSTOCK 50.00 X 122064 0 62013 3228076 352972 20 false true false MICROSOFT LICENSING 1950 N Stemmons Fwy Ste 5010 Dallas TX 75207 Software Licenses 101254 1 0 POLE RENTAL REVENUE 221000 2014691 2014691 ELECTRICITY SALES 221000 322237560 322237560 324252251 3962975 3962975 0 0 0 0 0 0 0 Natural Gas Finders Fees 541800 34890 34890 34890 328250116 324252251 34890 3962975 0 0 0 0 2569665 2569665 0 0 0 637474 637474 0 0 236106 236106 0 0 0 0 0 0 595984 595984 0 0 0 0 0 0 13872214 13872214 0 13778163 13778163 0 Purchased Power 231404703 231404703 Distribution Operations 10909547 10909547 Distribution Maintenance 10598070 10598070 Disposal of Obsolete Assets 7173586 7173586 Consumer Accounts 11000553 11000553 8327575 8327575 311103640 311103640 0 0 10135257 7737384 26437903 5048504 0 14366699 16509835 0 0 0 1403237 1538755 0 461813856 89299670 367647913 372514186 13732211 19891243 0 28077299 30366994 0 34090551 25578345 495891070 479185246 26202058 31827252 270142208 223222278 32161088 42824699 328505354 297874229 X 262445 252580 167123271 181058437 167385716 181311017 495891070 479185246 X 17146476 -3221175 X false true true X false false 3897017 3897017 457916839 89299670 368617169 372514186 30366994 Prepayments 20322793 Interest & Dividends Receivable 106239 Deferred Charges 5149313 25578345 Regulatory Liabilities 19891243 Deferred Credits 101385 Consumer Deposits 6911876 Accum Prov for Pension & Benefits 15920195 42824699 328250116 311103640 17146476 -3221175 -3221175 13925301 328250116 328250116 328250116 311103640 311103640 311103640 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances RETIRED CAPITAL CREDIT GAINS $167634 DONATED CAPITAL $69384 RETIREMENTS OF CAPITAL CREDITS $ -3448328 MEMBERSHIP FEES $ -9865 X X X false true false RICKY KIRKLAND 116559 6879 25162 20154 168754 MICHAEL A GOODROE 296275 1933059 34146 22900 2286380 1892015 JEFFERY SATTERFIELD 113809 6904 19441 19980 160134 GARY MAULDIN 191915 17445 65788 21826 296974 DEWAYNE FARR 113808 26074 40807 20755 201444 CHET BLACKSTOCK 115603 6461 41477 20536 184077 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 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 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 $20,281,884 FOR THE ABOVE SERVICES PROVIDED BY GTC DURING 2010. 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 $151,186,000 FOR THE ABOVE SERVICES PROVIDED BY OPC DURING 2010. 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 $727,000 FOR THE ABOVE SERVICES PROVIDED BY GEMC DURING 2010.