BETA

SNAPPING SHOALS ELECTRIC MEMBERSHIP CORP: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
SNAPPING SHOALS ELECTRIC MEMBERSHIP CORP (EIN 58-0433463)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-09-04
IRS object ID
202632479349300823
Schema version
2025v4.0
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

FieldValueIRS element (for citing)
Return2026-09-04T15:37:04-04:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN581094351PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MCNAIR MCLEMORE MIDDLEBROOKS & CO LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1POST OFFICE BOX ONEAddressLine1Txt
CityMACONCityNm
State AbbreviationGAStateAbbreviationCd
ZIP312020001ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN580433463EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SNAPPING SHOALS ELECTRIC MEMBERSHIPBusinessNameLine1Txt
Business Name Line2CORPORATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSNAPBusinessNameControlTxt
Phone7707863484PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 509AddressLine1Txt
CityCOVINGTONCityNm
State AbbreviationGAStateAbbreviationCd
ZIP300150509ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHAUN MOCKPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone7707863484PhoneNum
Signature2026-09-04SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonH TERRELL MCMICHAEL JRPreparerPersonNm
PTINP01259982PTIN
Phone4787466277PhoneNum
Preparation2026-09-04PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSHAUN MOCKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 509AddressLine1Txt
CityCOVINGTONCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30015ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$279,292,246GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1936FormationYr
Legal Domicile StateGALegalDomicileStateCd
Activity Or MissionTO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI-$7,970TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$260,058,147PYProgramServiceRevenueAmt
CY Program Service Revenue$276,252,533CYProgramServiceRevenueAmt
PY Investment Income$1,697,601PYInvestmentIncomeAmt
CY Investment Income$2,505,184CYInvestmentIncomeAmt
PY Other Revenue$210,802PYOtherRevenueAmt
CY Other Revenue$77,560CYOtherRevenueAmt
PY Total Revenue$261,966,550PYTotalRevenueAmt
CY Total Revenue$278,835,277CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$10,853,690PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$9,134,207CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,263,388PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,374,984CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$249,849,472PYOtherExpensesAmt
CY Other Expenses$268,326,086CYOtherExpensesAmt
PY Total Expenses$261,966,550PYTotalExpensesAmt
CY Total Expenses$278,835,277CYTotalExpensesAmt
CY Revenues Less Expenses$0CYRevenuesLessExpensesAmt
Total Assets BOY$357,231,809TotalAssetsBOYAmt
Total Assets EOY$407,010,234TotalAssetsEOYAmt
Total Liabilities BOY$244,983,827TotalLiabilitiesBOYAmt
Total Liabilities EOY$288,226,555TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$112,247,982NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$118,783,679NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescN/ADesc
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstYes (true)ReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document78IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Members And Shr Gross Income$267,978,932MembersAndShrGrossIncomeAmt
Other Sources Gross Income$3,427,713OtherSourcesGrossIncomeAmt
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SNAPPING SHOALS EMCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7707863484PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 509AddressLine1Txt
CityCOVINGTONCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30015ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JAKE CARTER
CHAIRMAN12.00Yes (X)Yes (X)$50,802$0$0
JEANETTE BERRY
VICE CHAIRMA8.00Yes (X)Yes (X)$26,591$0$0
LANCE HARPER
SEC.- TREASU8.00Yes (X)Yes (X)$48,468$0$0
ALFORD FLANIGAN
ASST SEC.-TR12.00Yes (X)Yes (X)$25,964$0$0
GENE MORRIS
DIRECTOR12.00Yes (X)$44,812$0$0
WALTER JOHNSON
DIRECTOR8.00Yes (X)$25,783$0$0
ANTHONY NORTON
DIRECTOR12.00Yes (X)$40,512$0$0
JEFF WIGINGTON
DIRECTOR8.00Yes (X)$25,594$0$0
EARNEST WATKINS
DIRECTOR8.00Yes (X)$33,894$0$0
JAMES WHITE
DIRECTOR8.00Yes (X)$45,324$0$0
RUBY WOODS
DIRECTOR8.00Yes (X)$39,355$0$0
SHAUN MOCK
PRESIDENT &50.00Yes (X)$0$683,300$284,495
FRANK ASKEW
COO50.00$0$437,374$120,520Yes (X)
MIKE MILLIGAN
EXEC. VP - E50.00$0$327,397$119,736Yes (X)
DONALD RITCHEY
SVP-LINE SVC50.00$0$336,542$44,289Yes (X)
KATIE JOHNSTON
CFO50.00$0$362,961$124,317Yes (X)
ROBBIE YOUNG
VP-STRAT INI50.00$0$264,191$41,096Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$407,099TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$2,411,765TotReportableCompRltdOrgAmt
Total Other Compensation$734,453TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K132IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CAPPSTONE ENERGY GROUP LLC
PO BOX 2295COVINGTONGA30015ENGINEERING CON$1,039,639
MIDDLE GA PROPERTY ENHANCEMENTS
PO BOX 322SMARRGA31086FACILITIES$218,803
HIGH POINT NETWORKS LLC
728 E BEATON DRWEST FARGOND58078IT SERVICES$213,106
EVERSHEDS SUTHERLAND LLP
999 PEACHTREE STREET NE SUITE 2300ATLANTAGA303093996LEGAL$192,610
BEACH TIMBER COMPANY LLC
6352 TIMBER LNBLACKSHEARGA31516POLE INSP.$164,745
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K7CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
ELECTRIC REVENUE221000$267,978,932$267,978,932
POLE RENTAL221000$4,914,035$4,914,035
G & T CAPITAL CREDITS221000$2,537,325$2,537,325
OTHER CAPITAL CREDITS221000$822,241$822,241
FieldValueIRS element (for citing)
Total Program Service Revenue$276,252,533TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,505,184TotalRevenueColumnAmt
Exclusion$2,505,184ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$448,999GrossSalesOfInventoryAmt
Cost Of Goods Sold$456,969CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$7,970TotalRevenueColumnAmt
Unrelated Business Revenue-$7,970UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MISCELLANEOUS NONOPERATING IN$64,364$64,364
GAIN (LOSS) ON SALE OF PROPER$21,166$21,166
FieldValueIRS element (for citing)
Other Revenue Total$85,530OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$278,835,277TotalRevenueColumnAmt
Related Or Exempt Func Income$271,424,028RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$7,970UnrelatedBusinessRevenueAmt
Exclusion$7,419,219ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$9,134,207TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,374,984TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$6,002,060TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$13,419,203TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
PURCHASED POWER$195,594,182
DISTRIBUTION OPERATIONS$17,990,391
ADMIN. & GENERAL EXP.$13,256,290
DISTRIBUTION MAINTENANCE$10,368,192

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$11,695,768TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$278,835,277TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$27,606,070BOYAmt
EOY$1,897,198EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$58,456,822EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$34,592,814BOYAmt
EOY$36,921,950EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$5,007,959BOYAmt
EOY$5,411,790EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$24,129,751BOYAmt
EOY$19,235,355EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$425,026,678LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$179,071,153LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$228,477,975BOYAmt
EOY$245,955,525EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$36,213,836BOYAmt
EOY$38,291,658EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,203,404BOYAmt
EOY$839,936EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$357,231,809BOYAmt
EOY$407,010,234EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$30,157,055BOYAmt
EOY$32,266,082EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$36,278,000BOYAmt
EOY$30,882,000EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$128,898,204BOYAmt
EOY$138,885,156EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$49,650,568BOYAmt
EOY$86,193,317EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$244,983,827BOYAmt
EOY$288,226,555EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$959,431BOYAmt
EOY$970,191EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$111,288,551BOYAmt
EOY$117,813,488EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$112,247,982BOYAmt
EOY$118,783,679EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$357,231,809BOYAmt
EOY$407,010,234EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$0ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$6,535,697OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,196,960OtherCostOrOtherBasisAmt
Book Value$6,196,960BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$18,418,407OtherCostOrOtherBasisAmt
Depreciation$10,729,848DepreciationAmt
Book Value$7,688,559BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$400,411,311OtherCostOrOtherBasisAmt
Depreciation$168,341,305DepreciationAmt
Book Value$232,070,006BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$245,955,525TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (5 entries)

DescDescBook ValueBookValueAmt
OTHER$33,014,365
OTHER INVESTMENTS - BEN HILL$2,978,494
PATRONAGE CAPITAL - GEORGIA TRANSMIS$2,045,503
PATRONAGE CAPITAL - SMARR EMC$243,296
CRC$10,000
FieldValueIRS element (for citing)
Total Book Value Program Rltd$38,291,658TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
OTHER LIABILITIES$50,391,351
ACCUM PROV FOR PENSION & BENEFITS$20,740,187
CONSUMER DEPOSITS$15,061,779
FieldValueIRS element (for citing)
Total Liability$86,193,317TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$278,835,277TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$278,835,277RevenueSubtotalAmt
Total Revenue Per Form990$278,835,277TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$278,835,277TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$278,835,277ExpensesSubtotalAmt
Total Expenses Per Form990$278,835,277TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)

TitleTitleTxtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmt
SHAUN MOCK
PRESIDENT & CEO$595,236$37,031$51,033$252,177$32,318$967,795
FRANK ASKEW
COO$335,524$1,843$100,007$103,028$17,492$557,894
MIKE MILLIGAN
EXEC. VP - ENG./IT$297,893$11,493$18,011$92,894$26,842$447,133
DONALD RITCHEY
SVP-LINE SVCS$292,864$11,843$31,835$17,642$26,647$380,831
KATIE JOHNSTON
CFO$317,859$14,343$30,759$98,882$25,435$487,278
ROBBIE YOUNG
VP-STRAT INITIATIVES$244,181$8,843$11,167$15,081$26,015$305,287

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE J, PAGE 1, PART I, LINE 4SHAUN MOCK 0 145,637 0
SCHEDULE J, PART IIITHE COOPERATIVE'S SUBSIDIARY (PAY MASTER)HAS ESTABLISHED AN EXECUTIVE BENEFIT RESTORATION PLAN (EBR)UNDER IRC 457(F) FOR CERTAIN KEY MANAGEMENT AN HIGHLY COMPENSATED EMPLOYEES WHOSE BENEFITS UNDER THE RS PENSION PLAN ARE RESTRICTED BECAUSE OF IRS MAXIMUM LIMITATIONS ON BENEFITS OR COMPENSATION THAT MAY BE PROVIDED BY THE RS PENSION PLAN. THE ACTUARIALLY DETERMINED FUNDING COMPEMENT HAS BEEN ADDED TO COLUMN(C). PAYMENTS MADE FROM THE EBR PLAN ARE REPORTED PAYMENTS AS A COMPONENT OF CURRRENT YEAR COMPENSATION WHEN APPLICABLE IN COLUMN (B) (II). THERE WERE NO PAYMENTS MADE FROM THE EBR PLAN DURING THE CURRENT YEAR. COMPENESATION PREVIUSLY REPORTED IN COLUMN (C) AS NOTED ABOVE IN PRIOR YEAR IRS FORM 990 FILINGS ARE REPORTED IN COLUMN (F) IN THE CURRENT YEAR IRS FROM 990. THERE ARE NO SUCH AMOUNTS REPORTED IN THE CURRENT YEAR.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VTHE DISCLOSED NUMBER OF EMPLOYEES REPORTED ON FORM W-3 IN QUESTION 2A REPORTS -0- EMPLOYEES OF SNAPPING SHOALS ELECTRIC MEMBERSHIP CORPORATION (EIN 58-0433463). SNAPPING SHOALS ENERGY MANAGEMENT CO. (EIN 58-2360640) REPORTS 293 SHARED PAID EMPLOYEES OF SNAPPING SHOALS ELECTRIC MEMBERSHIP CORPORATION (EIN 58-0433463). REQUIRED PAYROLL FILINGS ARE MADE AS REQUIRED BY SNAPPING SHOALS ENERGY MANAGEMENT CO. (EIN 58-2360640). SHARED PAID EMPLOYEES COMPENSATION MEETING THE PROVISIONS OF PART VII SECTION A. HAS BEEN REPORTED AS COMPENSATION FROM RELATED ORGANIZATIONS ACCORDINGLY. ADDITIONAL INFORMATION REGARDING THE SHARED EMPLOYEES IS DISCLOSED IN SCHEDULE R OF THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 7ATHE 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, PAGE 6, PART VI, LINE 7BCERTAIN 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, PAGE 6, PART VI, LINE 11BFORM 990 IS MADE AVIABLE AND REVIEWED BY THE BOARD IN ITS ENTIRETY PRIOR TO FILING EACH YEAR.
FORM 990, PAGE 6, PART VI, LINE 12CTHE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 15ACEO COMPENSATION IS REVIEWED AND APPROVED AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN.
FORM 990, PAGE 6, PART VI, LINE 15BKEY 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, PAGE 6, PART VI, LINE 19THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, 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 VIIDIRECTORS OF THE CORPORATION HOLDING OFFICER POSITIONS AS PROVIDED FOR IN THE CORPORATION'S BYLAWS HAVE BEEN IDENTIFIED AS OFFICERS AND DIRECTORS/TRUSTEES IN COLUMN (C) OF SECTION A. DIRECTORS OF THE CORPORATION ARE COMPENSATED ON A PER DIEM BASIS FOR RENUMERATION OF FULFILLING THEIR DUTIES AS DIRECTORS. DIRECTORS ARE NOT EMPLOYEES OF THE CORPORATION.
FORM 990, PART XI, LINE 9MEMBERSHIP FEE 10,760 RETIRED CAPITAL CREDIT - GAINS 5,408,670 PATRONAGE CAPITAL ALLOCATION 9,134,207 DEFERRED REVENUE - ASC 980 5,396,000 PATRONAGE CAPITAL CREDITS- RETIREMENTS -8,941,738 ACCUMULATED OTHER COMPREHENSIVE INC -3,684,248 OTHER EQUITIES -787,954 TOTAL 6,535,697

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1SNAPPING SHOALS ELECTRIC TRUSTBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11475 BROWN BRIDGE RDAddressLine1Txt
CityCOVINGTONCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30015ZIPCd
FieldValueIRS element (for citing)
EIN582058035EIN
Primary ActivitiesCHARITYPrimaryActivitiesTxt
Legal Domicile StateGALegalDomicileStateCd
Exempt Code Section3ExemptCodeSectionTxt
Public Charity Status7PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationfalseControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1SNAPPING SHOALS ENERGY MANAGEMENTBusinessNameLine1Txt
Business Name Line2COMPANYBusinessNameLine2Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line114750 BROWN BRIDGE RDAddressLine1Txt
CityCOVINGTONCityNm
State AbbreviationGAStateAbbreviationCd
ZIP30016ZIPCd
FieldValueIRS element (for citing)
EIN582360640EIN
Primary ActivitiesPAY MASTERPrimaryActivitiesTxt
Legal Domicile StateGALegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1SSEMCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeC CORPEntityTypeTxt
Share Of Total Income$44,536,438ShareOfTotalIncomeAmt
Share Of EOY Assets$1,668,849ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (true)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Business Name Line2OtherOrganizationName/BusinessNameLine2TxtTransaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
SNAPPING SHOALS ENERGY MANAGEMENT
COMPANYO$44,466,865COST
SNAPPING SHOALS ELECTRIC TRUST
O$26,329FMV

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE RFormAndLineReferenceDesc
ExplanationTHE CORPORATION'S MEMBERS CAN PARTICIPATE IN AN OPERATION ROUNDUP PROGRAM AND HAVE THEIR ELECTRIC BILL ROUNDED TO THE NEXT HIGHEST WHOLE DOLLAR EACH MONTH. THESE FUNDS ARE TREATED AS CONTRIBTUIONS TO SNAPPING SHOALS ELECTRIC TRUST (THE TRUST), A NONPROFIT 501(C)(3) ORGANIZATION. THE TRUST MAINTAINS A SEPARATE BOARD OF DIRECTORS WHICH APPROVES CHARITABLE ASSISTANCE TO THE AREAS SERVED BY SNAPPING SHOALS ELECTRIC CORPORATION. THE TRUST HAS NO EMPLOYEES. THE TRANSACTIONS BETWEEN THE CORPORATION AND THE TRUST REPORTED ON SCHEDULE R, PART V REPRESENT THE VALUE OF THE SERVICES DONATED BY THE CORPORATION TO THE TRUST.ExplanationTxt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.