Civic Intelligence

Tri-County Electric Membership Corporation

990 • Fiscal year 2020 • EIN 58-0465263

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 12, 2021

PO Box 487Gray, GA 31032

(478) 986-8100

Siviq Scores

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

Liabilities / Assets

80th percentile

0.64x

Higher debt load relative to assets than 80% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

1.64x

Higher debt load relative to revenue than 66% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Net Margin

53rd percentile

0.0%

Higher net margin than 53% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

28th percentile

$288,924

Higher top officer pay than 28% of similar nonprofits.

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

2020 filings • 501(c)12 • $100M-$250M nonprofits • Source year 2020

Asset Growth

48th percentile

4.1%

Faster asset growth than 48% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

5th percentile

-9.5%

Faster revenue growth than 5% of similar nonprofits.

2020 filings • 501(c)12 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Assets

Up

$115,702,069

Up $4,550,638 (+4.1%) from 2019

Net Assets

Up

$42,199,486

Up $4,703,895 (+13%) from 2019

Liabilities

Down

$73,502,583

Down $153,257 (-0.2%) from 2019

Revenue

Down

$44,814,237

Down $4,707,335 (-9.5%) from 2019

Expenses

Down

$44,814,237

Down $4,707,335 (-9.5%) from 2019

Net Income

Flat

$0

Flat from 2019

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2011: $104,267,512Liabilities 2011: $70,125,594Net Assets 2011: $34,141,9182011Assets 2012: $103,411,112Liabilities 2012: $67,655,493Net Assets 2012: $35,755,6192012Assets 2013: $107,789,107Liabilities 2013: $70,736,650Net Assets 2013: $37,052,4572013Assets 2014: $109,036,089Liabilities 2014: $70,123,642Net Assets 2014: $38,912,4472014Assets 2015: $108,450,853Liabilities 2015: $68,268,655Net Assets 2015: $40,182,1982015Assets 2016: $112,938,421Liabilities 2016: $71,409,601Net Assets 2016: $41,528,8202016Assets 2017: $117,682,921Liabilities 2017: $73,842,392Net Assets 2017: $43,840,5292017Assets 2018: $122,092,917Liabilities 2018: $75,398,206Net Assets 2018: $46,694,7112018Assets 2019: $111,151,431Liabilities 2019: $73,655,840Net Assets 2019: $37,495,5912019Assets 2020: $115,702,069Liabilities 2020: $73,502,583Net Assets 2020: $42,199,4862020Assets 2021: $134,615,818Liabilities 2021: $89,957,411Net Assets 2021: $44,658,4072021Assets 2022: $162,878,320Liabilities 2022: $116,539,062Net Assets 2022: $46,339,2582022Assets 2023: $180,121,890Liabilities 2023: $131,886,998Net Assets 2023: $48,234,8922023Assets 2024: $190,379,579Liabilities 2024: $140,145,367Net Assets 2024: $50,234,2122024

Highlighted filing

2020

Assets$115,702,069
Liabilities$73,502,583
Net Assets$42,199,486

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2011: $44,309,213Expenses 2011: $44,309,213Net Income 2011: $02011Revenue 2012: $40,611,545Expenses 2012: $40,611,545Net Income 2012: $02012Revenue 2013: $42,078,565Expenses 2013: $42,078,595Net Income 2013: -$302013Revenue 2014: $47,124,038Expenses 2014: $47,124,038Net Income 2014: $02014Revenue 2015: $40,878,644Expenses 2015: $40,878,644Net Income 2015: $02015Revenue 2016: $42,605,670Expenses 2016: $42,605,670Net Income 2016: $02016Revenue 2017: $43,274,058Expenses 2017: $43,274,058Net Income 2017: $02017Revenue 2018: $47,512,310Expenses 2018: $47,512,310Net Income 2018: $02018Revenue 2019: $49,521,572Expenses 2019: $49,521,572Net Income 2019: $02019Revenue 2020: $44,814,237Expenses 2020: $44,814,237Net Income 2020: $02020Revenue 2021: $47,083,595Expenses 2021: $48,675,267Net Income 2021: -$1,591,6722021Revenue 2022: $55,087,354Expenses 2022: $56,835,315Net Income 2022: -$1,747,9612022Revenue 2023: $53,549,073Expenses 2023: $54,716,698Net Income 2023: -$1,167,6252023Revenue 2024: $59,824,108Expenses 2024: $59,575,227Net Income 2024: $248,8812024

Highlighted filing

2020

Revenue$44,814,237
Expenses$44,814,237
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 12, 2021
Return Version
2020v4.0
Gross Receipts
$44,814,237
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$104,416,148$106,536,621▲ $2,120,473
Rtn Earn Endowment Incm Other Fnds$37,407,681$42,109,756▲ $4,702,075
Accounts Receivable$3,506,622$4,092,034▲ $585,412
Investments Program Related$2,301,186$2,331,680▲ $30,494
Cash and Non-Interest-Bearing Accounts$377,346$2,300,818▲ $1,923,472
Inventories for Sale or Use$297,013$268,362▼ $28,651
Prepaid Expenses and Deferred Charges$246,440$166,122▼ $80,318
Cap Stk Tr Prin Current Funds$87,910$89,730▲ $1,820
Total Assets$111,151,431$115,702,069▲ $4,550,638
Other Assets Total$6,676$6,432▼ $244
Liabilities
Mortgage Notes Payable Secured by Investment Property$68,146,906$67,514,040▼ $632,866
Accounts Payable and Accrued Expenses$4,595,229$5,039,658▲ $444,429
Other Liabilities$913,705$948,885▲ $35,180
Total Liabilities$73,655,840$73,502,583▼ $153,257
Net Assets / Fund Balance
Total Net Assets Fund Balance$37,495,591$42,199,486▲ $4,703,895
Total Liabilities and Net Assets / Fund Balance$111,151,431$115,702,069▲ $4,550,638

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$105,212,445$29,768,898$134,981,343
Land$1,142,272-$1,142,272
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Raphael M GrinbergCEOFT$223,816$65,108$288,924
Dawn HaskinsSenior Evp aFT$192,659$34,129$226,788
Dawn HaskinsSenior Evp and CFO-$177,852$48,936$226,788
William MarshVP of Dist SFT$157,679$49,318$206,997
William MarshVP of Dist Services-$150,863$56,134$206,997
Gregory MullisVP of Corp.FT$150,580$37,137$187,717
Gregory MullisVP of Corp. Serv.-$141,439$46,278$187,717
David BrooksVP of OperatFT$155,089$24,722$179,811
David BrooksVP of Operations-$99,062$80,857$179,811
Michael SasserN.d. Op. SupFT$139,877$25,752$165,629
Michael SasserN.d. Op. Supervisor-$115,275$50,246$165,629
Brenda P GreenChairmanPT$13,610-$13,610
Mike S Rainey IiiDirector-$13,110-$13,110
Thomas NolesSecretary/tr-$13,110-$13,110
Cecil B PattersonDirector-$12,510-$12,510
George ComerDirector-$12,310-$12,310
Marion NelsonDirector-$12,310-$12,310
Dan Z GreeneDirector-$12,110-$12,110
Sammy O HallVice-chairma-$11,910-$11,910
Chap NelsonDirector-$7,873-$7,873
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$44,542,621
Investment Income
$271,616
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$40,206,499
Salaries, Compensation, and Employee Benefits$397,777
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$4,209,961
Depreciation Depletion---$4,190,652
Interest---$2,629,452
Other Expenses---$2,008,218
All Other Expenses---$1,724,152
Current Officers, Directors, Trustees, and Key Employees---$397,777
Total Functional Expenses$0$0$0$44,814,237
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
Consumer Deposits$948,885
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 35% controlled entity
No
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 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

Ceo 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 financialstatements 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
Tri-county Electric Membership
EIN
58-0465263
Phone
4789868100
Address
PO BOX 487, GRAY, GA 31032

Signing Officer

Name
Raphael M Grinberg
Title
CEO
Phone
4789868100
Signed
2021-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raphael M Grinberg
Formed
1939
Legal Domicile
Ga
Voting Board Members
9
Independent Board Members
9
Employees
67

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

Memberships 1,820 retired capital credit gains 205,262 donated capital 168,255 patronage capital 4,209,961 asc 606 - permanent 2,027,459 capital credit retirements -1,908,862 total 4,703,895

Financial Statement Notes

Schedule D, Page 4, Part XIII

The corporation's fiscal year ended is april 30. The corporation's financial statements were audited as of april 30, 2021 and 2020.

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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
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IRS990/MembersOrStockholdersInd0false
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.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt06432
IRS990/OtherChangesInNetAssetsAmt04703895
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION OPERATIONS
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION MAINTENANCE
IRS990/OtherExpensesGrp/Desc3ADMIN. & GENERAL EXP.
IRS990/OtherExpensesGrp/TotalAmt023699701
IRS990/OtherExpensesGrp/TotalAmt12985381
IRS990/OtherExpensesGrp/TotalAmt22968943
IRS990/OtherExpensesGrp/TotalAmt32008218
IRS990/OtherLiabilitiesGrp/BOYAmt0913705
IRS990/OtherLiabilitiesGrp/EOYAmt0948885
IRS990/OtherSourcesGrossIncomeAmt0360946
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0246440
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0166122
IRS990/PrincipalOfficerNm0RAPHAEL M GRINBERG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1POLE RENTAL
IRS990/ProgramServiceRevenueGrp/Desc2OTHER CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt043632505
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1782296
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IRS990/PYBenefitsPaidToMembersAmt07340672
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IRS990/PYTotalRevenueAmt049521572
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt037407681
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt042109756
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt01142272
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01142272
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0105212445
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt029768898
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0134981343
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0948885
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONSUMER DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION'S FISCAL YEAR ENDED IS APRIL 30. THE CORPORATION'S FINANCIAL STATEMENTS WERE AUDITED AS OF APRIL 30, 2021 AND 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XIII
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0106354717
IRS990ScheduleD/TotalLiabilityAmt0948885
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0223816
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1177852
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2150863
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3141439
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt499062
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5115275
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount0102
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount1101
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount2108
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount3108
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount4108
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt034959
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt123407
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt239463
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt326116
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt413383
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt515688
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt017298
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt110722
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt29855
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt311021
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt411339
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt510064
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt012749
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt114706
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt26708
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt39033
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt456027
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt524494
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RAPHAEL M GRINBERG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DAWN HASKINS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2WILLIAM MARSH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3GREGORY MULLIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4DAVID BROOKS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm5MICHAEL SASSER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SENIOR EVP AND CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2VP OF DIST SERVICES
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3VP OF CORP. SERV.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4VP OF OPERATIONS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt5N.D. OP. SUPERVISOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0288924
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1226788
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2206997
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt3187717
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt4179811
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt5165629
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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/ExplanationTxt1CERTAIN 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/ExplanationTxt2FORM 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/ExplanationTxt3THE 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/ExplanationTxt4CEO COMPENSATION IS REVIEWED AND APPROVED AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5KEY 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/ExplanationTxt6THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIALSTATEMENTS 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/ExplanationTxt7MEMBERSHIPS 1,820 RETIRED CAPITAL CREDIT GAINS 205,262 DONATED CAPITAL 168,255 PATRONAGE CAPITAL 4,209,961 ASC 606 - PERMANENT 2,027,459 CAPITAL CREDIT RETIREMENTS -1,908,862 TOTAL 4,703,895
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0111151431
IRS990/TotalAssetsEOYAmt0115702069
IRS990/TotalAssetsGrp/BOYAmt0111151431
IRS990/TotalAssetsGrp/EOYAmt0115702069
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IRS990/TotalEmployeeCnt067
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt044814237
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt073655840
IRS990/TotalLiabilitiesEOYAmt073502583
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IRS990/TotalLiabilitiesGrp/EOYAmt073502583
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt037495591
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IRS990/TotalOtherCompensationAmt0223315
IRS990/TotalProgramServiceRevenueAmt044542621
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IRS990/TotalRevenueGrp/ExclusionAmt0271616
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt044542621
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt044814237
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0111151431

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$190$140$50.2$59.8$59.6$0.25
2023Detailed filing. Detailed filing data is available for this year.$180$132$48.2$53.5$54.7$1.17
2022Detailed filing. Detailed filing data is available for this year.$163$117$46.3$55.1$56.8$1.75
2021Detailed filing. Detailed filing data is available for this year.$135$90.0$44.7$47.1$48.7$1.59
2020Detailed filing. Detailed filing data is available for this year.$116$73.5$42.2$44.8$44.8$0.00
2019Detailed filing. Detailed filing data is available for this year.$111$73.7$37.5$49.5$49.5$0.00
2018Detailed filing. Detailed filing data is available for this year.$122$75.4$46.7$47.5$47.5$0.00
2017Detailed filing. Detailed filing data is available for this year.$118$73.8$43.8$43.3$43.3$0.00
2016Detailed filing. Detailed filing data is available for this year.$113$71.4$41.5$42.6$42.6$0.00
2015Summary only. Only limited summary data is available for this year.$108$68.3$40.2$40.9$40.9$0.00
2014Summary only. Only limited summary data is available for this year.$109$70.1$38.9$47.1$47.1$0.00
2013Summary only. Only limited summary data is available for this year.$108$70.7$37.1$42.1$42.1$0.00
2012Summary only. Only limited summary data is available for this year.$103$67.7$35.8$40.6$40.6$0.00
2011Summary only. Only limited summary data is available for this year.$104$70.1$34.1$44.3$44.3$0.00