Civic Intelligence

Rayle Electric Membership

990 • Fiscal year 2018 • EIN 58-0398354

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 11, 2019

PO Box 1090Washington, GA 30673

(706) 678-2116

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

86th percentile

0.65x

Higher debt load relative to assets than 86% of similar nonprofits.

2018 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

70th percentile

1.60x

Higher debt load relative to revenue than 70% of similar nonprofits.

2018 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2018

Net Margin

47th percentile

0.0%

Higher net margin than 47% of similar nonprofits.

2018 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

31st percentile

$208,086

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2018 filings • 501(c)12 • $50M-$100M nonprofits • Source year 2018

Asset Growth

69th percentile

4.5%

Faster asset growth than 69% of similar nonprofits.

2018 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

13th percentile

-0.6%

Faster revenue growth than 13% of similar nonprofits.

2018 filings • 501(c)12 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Assets

Up

$88,538,865

Up $3,780,816 (+4.5%) from 2017

Net Assets

Up

$30,765,737

Up $2,671,469 (+9.5%) from 2017

Liabilities

Up

$57,773,128

Up $1,109,347 (+2.0%) from 2017

Revenue

Down

$36,090,191

Down $215,608 (-0.6%) from 2017

Expenses

Down

$36,090,191

Down $215,608 (-0.6%) from 2017

Net Income

Flat

$0

Flat from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2011: $71,534,395Liabilities 2011: $51,560,571Net Assets 2011: $19,973,8242011Assets 2012: $76,296,693Liabilities 2012: $56,568,316Net Assets 2012: $19,728,3772012Assets 2013: $78,035,288Liabilities 2013: $58,374,987Net Assets 2013: $19,660,3012013Assets 2014: $80,986,403Liabilities 2014: $60,297,983Net Assets 2014: $20,688,4202014Assets 2015: $82,189,023Liabilities 2015: $58,123,507Net Assets 2015: $24,065,5162015Assets 2016: $84,278,150Liabilities 2016: $59,005,465Net Assets 2016: $25,272,6852016Assets 2017: $84,758,049Liabilities 2017: $56,663,781Net Assets 2017: $28,094,2682017Assets 2018: $88,538,865Liabilities 2018: $57,773,128Net Assets 2018: $30,765,7372018Assets 2019: $90,707,767Liabilities 2019: $56,082,853Net Assets 2019: $34,624,9142019Assets 2020: $95,513,994Liabilities 2020: $58,215,827Net Assets 2020: $37,298,1672020Assets 2021: $98,082,052Liabilities 2021: $58,191,783Net Assets 2021: $39,890,2692021Assets 2022: $105,955,515Liabilities 2022: $62,595,316Net Assets 2022: $43,360,1992022Assets 2023: $110,654,525Liabilities 2023: $65,356,803Net Assets 2023: $45,297,7222023Assets 2024: $122,900,206Liabilities 2024: $76,045,967Net Assets 2024: $46,854,2392024

Highlighted filing

2018

Assets$88,538,865
Liabilities$57,773,128
Net Assets$30,765,737

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0Revenue 2011: $33,914,646Expenses 2011: $33,914,646Net Income 2011: $02011Revenue 2012: $32,783,850Expenses 2012: $32,783,850Net Income 2012: $02012Revenue 2013: $33,669,467Expenses 2013: $33,669,467Net Income 2013: $02013Revenue 2014: $35,848,154Expenses 2014: $35,848,154Net Income 2014: $02014Revenue 2015: $36,834,671Expenses 2015: $36,834,671Net Income 2015: $02015Revenue 2016: $37,111,250Expenses 2016: $37,111,250Net Income 2016: $02016Revenue 2017: $36,305,799Expenses 2017: $36,305,799Net Income 2017: $02017Revenue 2018: $36,090,191Expenses 2018: $36,090,191Net Income 2018: $02018Revenue 2019: $36,355,634Expenses 2019: $36,355,634Net Income 2019: $02019Revenue 2020: $36,757,372Expenses 2020: $36,757,372Net Income 2020: $02020Revenue 2021: $36,739,711Expenses 2021: $36,739,711Net Income 2021: $02021Revenue 2022: $42,378,192Expenses 2022: $42,378,192Net Income 2022: $02022Revenue 2023: $39,259,738Expenses 2023: $39,259,738Net Income 2023: $02023Revenue 2024: $44,629,912Expenses 2024: $44,629,912Net Income 2024: $02024

Highlighted filing

2018

Revenue$36,090,191
Expenses$36,090,191
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 11, 2019
Return Version
2018v3.1
Gross Receipts
$36,090,191
Mission and Program Overview

Mission

To 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$65,566,301$67,482,758▲ $1,916,457
Rtn Earn Endowment Incm Other Fnds$28,023,163$30,694,257▲ $2,671,094
Investments Program Related$12,627,171$13,440,915▲ $813,744
Accounts Receivable$3,380,721$2,675,741▼ $704,980
Cash and Non-Interest-Bearing Accounts$503,566$2,155,698▲ $1,652,132
Inventories for Sale or Use$1,322,134$1,402,059▲ $79,925
Prepaid Expenses and Deferred Charges$1,352,410$1,375,790▲ $23,380
Cap Stk Tr Prin Current Funds$71,105$71,480▲ $375
Total Assets$84,758,049$88,538,865▲ $3,780,816
Other Assets Total$5,746$5,904▲ $158
Liabilities
Mortgage Notes Payable Secured by Investment Property$48,552,784$48,736,555▲ $183,771
Other Liabilities$4,771,733$5,654,186▲ $882,453
Accounts Payable and Accrued Expenses$3,339,264$3,382,387▲ $43,123
Total Liabilities$56,663,781$57,773,128▲ $1,109,347
Net Assets / Fund Balance
Total Net Assets Fund Balance$28,094,268$30,765,737▲ $2,671,469
Total Liabilities and Net Assets / Fund Balance$84,758,049$88,538,865▲ $3,780,816

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$66,899,515$33,813,785$100,713,300
Land$583,243-$583,243
Investment Program Related Org$1,256--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tony GriffinGeneral ManaFT$151,870$56,216$208,086
Tony GriffinGeneral Manager-$133,291$74,795$208,086
James BennettManager -engFT$106,415$47,920$154,335
James BennettManager -engineering-$98,812$55,523$154,335
Horace W WilliamsDirector-$17,395-$17,395
Jackson CopelanDirector-$16,945-$16,945
James a MathewsDirector-$16,545-$16,545
William R Dingler SrSec-treas-$12,597-$12,597
Fred McwhorterPresidentPT$8,600-$8,600
Herbert L PowellDirector-$7,400-$7,400
Linton ScottVice Preside-$7,200-$7,200
Maurice MathewsDirector-$6,600-$6,600
Kyle BrownDirector-$4,650-$4,650
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$35,733,014
Investment Income
$357,177
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$32,478,195
Salaries, Compensation, and Employee Benefits$305,692
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$3,306,304
Depreciation Depletion---$2,877,764
Interest---$1,863,670
Other Expenses---$1,287,476
All Other Expenses---$971,661
Current Officers, Directors, Trustees, and Key Employees---$306,018
Office Expenses---$186,130
Other Employee Benefits---$-326
Total Functional Expenses$0$0$0$36,090,191
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Postretirement Benefits$4,213,336
Consumer Deposits$730,305
Wholesale Power Cost Recovery$710,545
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The cooperative has members as provided for in its bylaws which are included as a part of this return.

Form 990, Page 6, Part VI, Line 7A

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, Page 6, Part VI, Line 7B

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, Page 6, Part VI, Line 11B

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, Page 6, Part VI, Line 12C

The 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 15A

General manager 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 15B

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, Page 6, Part VI, Line 19

The 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.

Filing and Contact Details

Filer

Filer Name
Rayle Electric Membership
EIN
58-0398354
Phone
7066782116
Address
PO BOX 1090, WASHINGTON, GA 30673

Signing Officer

Name
Tony Griffin
Title
General Manager
Phone
7066782116
Signed
2019-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tony Griffin
Formed
1939
Legal Domicile
Ga
Voting Board Members
9
Independent Board Members
9
Employees
66

Preparer

Firm
Mcnair Mclemore Middlebrooks & Co LLC
Address
POST OFFICE BOX ONE, MACON, GA 31202-0001
Preparer
H Terrell Mcmichael Jr
Phone
4787466277
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Membership fees 375 other comprehensive income -52,334 patronage capital credit retirements -696,065 retired capital credits loss 113,189 patronage capital credits 3,306,304 total 2,671,469

Raw XML AppendixShowing 400 of 426 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03339264
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03382387
IRS990/AccountsReceivableGrp/BOYAmt03380721
IRS990/AccountsReceivableGrp/EOYAmt02675741
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO 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.
IRS990/AllOtherExpensesGrp/TotalAmt0971661
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt03306304
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RAYLE EMC
IRS990/BooksInCareOfDetail/PhoneNum07066782116
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1090
IRS990/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd030673
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt071105
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt071480
IRS990/CashNonInterestBearingGrp/BOYAmt0503566
IRS990/CashNonInterestBearingGrp/EOYAmt02155698
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0306018
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt03306304
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0357177
IRS990/CYOtherExpensesAmt032478195
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt035733014
IRS990/CYRevenuesLessExpensesAmt00
IRS990/CYSalariesCompEmpBnftPaidAmt0305692
IRS990/CYTotalExpensesAmt036090191
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt036090191
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt02877764
IRS990/Desc0N/A
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt066
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt64.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt73.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt83.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt950.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt956216
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1047920
IRS990/Form990PartVIISectionAGrp/PersonNm0HORACE W WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm1JACKSON COPELAN
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES A MATHEWS
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM R DINGLER SR
IRS990/Form990PartVIISectionAGrp/PersonNm4FRED MCWHORTER
IRS990/Form990PartVIISectionAGrp/PersonNm5HERBERT L POWELL
IRS990/Form990PartVIISectionAGrp/PersonNm6LINTON SCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm7MAURICE MATHEWS
IRS990/Form990PartVIISectionAGrp/PersonNm8KYLE BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm9TONY GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm10JAMES BENNETT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt017395
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt116945
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt216545
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt312597
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt48600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt57400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt67200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt76600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt84650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9151870
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10106415
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SEC-TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9GENERAL MANA
IRS990/Form990PartVIISectionAGrp/TitleTxt10MANAGER -ENG
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01939
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt036090191
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/TotalAmt01863670
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01322134
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01402059
IRS990/InvestmentIncomeGrp/ExclusionAmt0357177
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0357177
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt012627171
IRS990/InvestmentsProgramRelatedGrp/EOYAmt013440915
IRS990/IRPDocumentCnt025
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt033813785
IRS990/LandBldgEquipBasisNetGrp/BOYAmt065566301
IRS990/LandBldgEquipBasisNetGrp/EOYAmt067482758
IRS990/LandBldgEquipCostOrOtherBssAmt0101296543
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt035230131
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt048552784
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt048736555
IRS990/NetAssetsOrFundBalancesBOYAmt028094268
IRS990/NetAssetsOrFundBalancesEOYAmt030765737
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt0186130
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05746
IRS990/OtherAssetsTotalGrp/EOYAmt05904
IRS990/OtherChangesInNetAssetsAmt02671469
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0-326
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION MAINTENANCE
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION OPERATIONS
IRS990/OtherExpensesGrp/Desc3CONSUMER ACCOUNTS
IRS990/OtherExpensesGrp/TotalAmt019876743
IRS990/OtherExpensesGrp/TotalAmt13911621
IRS990/OtherExpensesGrp/TotalAmt21503130
IRS990/OtherExpensesGrp/TotalAmt31287476
IRS990/OtherLiabilitiesGrp/BOYAmt04771733
IRS990/OtherLiabilitiesGrp/EOYAmt05654186
IRS990/OtherSourcesGrossIncomeAmt0495289
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01352410
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01375790
IRS990/PrincipalOfficerNm0TONY GRIFFIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1PATRONAGE CAP-ASSOC ORG
IRS990/ProgramServiceRevenueGrp/Desc2RENT FROM ELECTRIC PROP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035230158
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1380979
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2121877
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035230158
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1380979
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2121877
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt03060466
IRS990/PYInvestmentIncomeAmt0355748
IRS990/PYOtherExpensesAmt032948782
IRS990/PYProgramServiceRevenueAmt035950051
IRS990/PYSalariesCompEmpBnftPaidAmt0296551
IRS990/PYTotalExpensesAmt036305799
IRS990/PYTotalRevenueAmt036305799
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt028023163
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt030694257
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt066899515
IRS990ScheduleD/EquipmentGrp/DepreciationAmt033813785
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0100713300
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt07991907
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11912661
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt21575128
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3639391
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt4558952
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5396150
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt6206142
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt7151270
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt86759
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt91299
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt101256
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PATRONAGE CAP OPC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1PATRONAGE CAP GTC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2OTHER
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3PATRONAGE CAP GRESCO
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4INVESTMENT IN ASSOC ORG
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5PATRONAGE CAP CFC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6PATRONAGE CAPITAL FEDERATED
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7PATRONAGE CAP SEDC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc8PATRONAGE CAP NRTC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc9PATRONAGE CAP COBANK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc10PATRONAGE CAP GREEN POWER
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd6C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd7C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd8C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd9C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd10C
IRS990ScheduleD/LandGrp/BookValueAmt0583243
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0583243
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04213336
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1730305
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2710545
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0POSTRETIREMENT BENEFITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CONSUMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2WHOLESALE POWER COST RECOVERY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt067482758
IRS990ScheduleD/TotalBookValueProgramRltdAmt013440915
IRS990ScheduleD/TotalLiabilityAmt05654186
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0133291
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt198812
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount06143
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount14628
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt035015
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt127106
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt021201
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt120814
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt012436
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt12975
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TONY GRIFFIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JAMES BENNETT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1MANAGER -ENGINEERING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0208086
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1154335
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GENERAL MANAGER COMPENSATION IS REVIEWED AND APPROVED AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6KEY EMPLOYEE COMPENSATION IS REVIEWED AND APPROVED AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MEMBERSHIP FEES 375 OTHER COMPREHENSIVE INCOME -52,334 PATRONAGE CAPITAL CREDIT RETIREMENTS -696,065 RETIRED CAPITAL CREDITS LOSS 113,189 PATRONAGE CAPITAL CREDITS 3,306,304 TOTAL 2,671,469
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt084758049
IRS990/TotalAssetsEOYAmt088538865
IRS990/TotalAssetsGrp/BOYAmt084758049
IRS990/TotalAssetsGrp/EOYAmt088538865
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt066
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt036090191
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt056663781
IRS990/TotalLiabilitiesEOYAmt057773128
IRS990/TotalLiabilitiesGrp/BOYAmt056663781
IRS990/TotalLiabilitiesGrp/EOYAmt057773128
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt028094268
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt030765737
IRS990/TotalOtherCompensationAmt0104136
IRS990/TotalProgramServiceRevenueAmt035733014
IRS990/TotalReportableCompFromOrgAmt0356217
IRS990/TotalRevenueGrp/ExclusionAmt0357177
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt035733014
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt036090191
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt084758049
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt088538865
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1090
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030673
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TONY GRIFFIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum07066782116
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAYLE ELECTRIC MEMBERSHIP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0RAYL
ReturnHeader/Filer/EIN0580398354

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$123$76.0$46.9$44.6$44.6$0.00
2023Summary only. Only limited summary data is available for this year.$111$65.4$45.3$39.3$39.3$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$106$62.6$43.4$42.4$42.4$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$98.1$58.2$39.9$36.7$36.7$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$95.5$58.2$37.3$36.8$36.8$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$90.7$56.1$34.6$36.4$36.4$0.00
2018Detailed filing. Detailed filing data is available for this year.$88.5$57.8$30.8$36.1$36.1$0.00
2017Summary only. Only limited summary data is available for this year.$84.8$56.7$28.1$36.3$36.3$0.00
2016Summary only. Only limited summary data is available for this year.$84.3$59.0$25.3$37.1$37.1$0.00
2015Summary only. Only limited summary data is available for this year.$82.2$58.1$24.1$36.8$36.8$0.00
2014Summary only. Only limited summary data is available for this year.$81.0$60.3$20.7$35.8$35.8$0.00
2013Summary only. Only limited summary data is available for this year.$78.0$58.4$19.7$33.7$33.7$0.00
2012Summary only. Only limited summary data is available for this year.$76.3$56.6$19.7$32.8$32.8$0.00
2011Summary only. Only limited summary data is available for this year.$71.5$51.6$20.0$33.9$33.9$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)12 • $50M-$100M nonprofits