Civic Intelligence

Walton Electric Membership Corporation

990 • Fiscal year 2014 • EIN 58-0477163

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 11, 2015

PO Box 260Monroe, GA 30655

(770) 267-2505

Siviq Scores

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

Liabilities / Assets

25th percentile

0.56x

Higher debt load relative to assets than 25% of similar nonprofits.

2014 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2014

Liabilities / Revenue

33rd percentile

1.05x

Higher debt load relative to revenue than 33% of similar nonprofits.

2014 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2014

Net Margin

42nd percentile

0.0%

Higher net margin than 42% of similar nonprofits.

2014 filings • 501(c)12 • $250M-$1B nonprofits • Source year 2014

Top Officer Pay

45th percentile

$552,119

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2014 filings • $250M-$1B nonprofits • Source year 2014

Asset Growth

64th percentile

4.2%

Faster asset growth than 64% of similar nonprofits.

2014 filings • 501(c)12 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Revenue Growth

37th percentile

1.9%

Faster revenue growth than 37% of similar nonprofits.

2014 filings • $250M-$1B nonprofits • Annualized from 2013 to 2014

Assets

Up

$465,023,347

Up $18,893,027 (+4.2%) from 2013

Net Assets

Up

$204,832,775

Up $8,356,873 (+4.3%) from 2013

Liabilities

Up

$260,190,572

Up $10,536,154 (+4.2%) from 2013

Revenue

Up

$248,347,305

Up $4,518,076 (+1.9%) from 2013

Expenses

Up

$248,347,305

Up $4,518,076 (+1.9%) from 2013

Net Income

Flat

$0

Flat from 2013

Historical Trend

Balance Sheet Trend

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

$800M$600M$400M$200M$0Assets 2010: $452,258,357Liabilities 2010: $282,681,254Net Assets 2010: $169,577,1032010Assets 2011: $445,844,120Liabilities 2011: $263,261,011Net Assets 2011: $182,583,1092011Assets 2012: $445,529,291Liabilities 2012: $265,206,189Net Assets 2012: $180,323,1022012Assets 2013: $446,130,320Liabilities 2013: $249,654,418Net Assets 2013: $196,475,9022013Assets 2014: $465,023,347Liabilities 2014: $260,190,572Net Assets 2014: $204,832,7752014Assets 2015: $442,354,335Liabilities 2015: $246,694,064Net Assets 2015: $195,660,2712015Assets 2016: $489,308,811Liabilities 2016: $316,711,320Net Assets 2016: $172,597,4912016Assets 2017: $492,278,109Liabilities 2017: $330,033,152Net Assets 2017: $162,244,9572017Assets 2018: $518,526,532Liabilities 2018: $324,720,439Net Assets 2018: $193,806,0932018Assets 2019: $561,829,303Liabilities 2019: $352,008,912Net Assets 2019: $209,820,3912019Assets 2020: $567,238,739Liabilities 2020: $363,752,230Net Assets 2020: $203,486,5092020Assets 2021: $527,402,332Liabilities 2021: $306,014,846Net Assets 2021: $221,387,4862021Assets 2022: $576,846,629Liabilities 2022: $341,926,611Net Assets 2022: $234,920,0182022Assets 2023: $639,137,537Liabilities 2023: $375,683,336Net Assets 2023: $263,454,2012023Assets 2024: $646,919,210Liabilities 2024: $368,140,121Net Assets 2024: $278,779,0892024

Highlighted filing

2014

Assets$465,023,347
Liabilities$260,190,572
Net Assets$204,832,775

Operations Trend

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

$600M$400M$200M$0-$200MExpenses 2010: $224,835,0742010Expenses 2011: $241,558,3022011Expenses 2012: $241,807,6112012Revenue 2013: $243,829,229Expenses 2013: $243,829,229Net Income 2013: $02013Revenue 2014: $248,347,305Expenses 2014: $248,347,305Net Income 2014: $02014Revenue 2015: $238,406,912Expenses 2015: $244,540,773Net Income 2015: -$6,133,8612015Revenue 2016: $290,141,105Expenses 2016: $290,141,105Net Income 2016: $02016Revenue 2017: $285,520,563Expenses 2017: $285,520,563Net Income 2017: $02017Revenue 2018: $314,129,061Expenses 2018: $314,129,061Net Income 2018: $02018Revenue 2019: $310,294,101Expenses 2019: $310,294,101Net Income 2019: $02019Revenue 2020: $305,784,637Expenses 2020: $305,784,637Net Income 2020: $02020Revenue 2021: $323,280,272Expenses 2021: $335,022,585Net Income 2021: -$11,742,3132021Revenue 2022: $369,406,838Expenses 2022: $375,426,410Net Income 2022: -$6,019,5722022Revenue 2023: $395,538,453Expenses 2023: $395,538,453Net Income 2023: $02023Revenue 2024: $420,877,567Expenses 2024: $420,877,567Net Income 2024: $02024

Highlighted filing

2014

Revenue$248,347,305
Expenses$248,347,305
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 11, 2015
Return Version
2014v5.0
Gross Receipts
$248,347,305
Mission and Program Overview

Mission

To provide the best possible electric service to all who desire it within the system's area at a reasonable cost consistent with the highest standards of service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$259,050,130$261,265,520▲ $2,215,390
Rtn Earn Endowment Incm Other Fnds$195,404,432$203,773,539▲ $8,369,107
Investments Program Related$92,256,519$94,034,095▲ $1,777,576
Accounts Receivable$44,101,905$32,574,398▼ $11,527,507
Prepaid Expenses and Deferred Charges$22,785,633$32,488,099▲ $9,702,466
Savings and Temporary Cash Investments-$17,150,000-
Inventories for Sale or Use$1,684,107$1,779,966▲ $95,859
Cash and Non-Interest-Bearing Accounts$1,757,774$1,521,455▼ $236,319
Cap Stk Tr Prin Current Funds$1,071,470$1,059,236▼ $12,234
Other Notes and Loans Receivable, Net$7,317$16,650▲ $9,333
Total Assets$446,130,320$465,023,347▲ $18,893,027
Other Assets Total$24,486,935$24,193,164▼ $293,771
Liabilities
Mortgage Notes Payable Secured by Investment Property$158,280,698$160,058,480▲ $1,777,782
Other Liabilities$61,799,294$74,856,405▲ $13,057,111
Accounts Payable and Accrued Expenses$29,574,426$25,275,687▼ $4,298,739
Total Liabilities$249,654,418$260,190,572▲ $10,536,154
Net Assets / Fund Balance
Total Net Assets Fund Balance$196,475,902$204,832,775▲ $8,356,873
Total Liabilities and Net Assets / Fund Balance$446,130,320$465,023,347▲ $18,893,027

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$250,624,341$129,936,468$380,560,809
Buildings$9,528,080$4,861,917$14,389,997
Land$1,113,099-$1,113,099
Investment Program Related Org$335,996--
Other Assets Org$64,893--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
D Ronnie LeePresident &FT$497,581$54,538$552,119
D Ronnie LeePresident & CEO-$278,453$273,666$552,119
Ronald T MarshallSr. VP-enginFT$251,221$44,258$295,479
Ronald T MarshallSr. VP-engineer/oper-$232,391$63,088$295,479
Russell a DelongSr. VP-corpoFT$240,320$42,103$282,423
Russell a DelongSr. VP-corporate Svs-$221,038$61,385$282,423
Robert E RentfrowVP Power SupFT$219,968$37,582$257,550
Robert E RentfrowVP Power Supply-$208,740$48,810$257,550
Marsha L ShumateVP FinanceFT$203,849$44,865$248,714
Allen R PowersNatural GasFT$149,805$27,779$177,584
Allen R PowersNatural Gas Director-$140,807$36,777$177,584
Warren FewChairmanPT$22,340-$22,340
Daniel J ChelkoDirector-$21,925-$21,925
Sammy SimontonDirector-$21,324-$21,324
Johnny R AllgoodSec/treas-$21,249-$21,249
Robert WilliamsDirector-$21,024-$21,024
Thomas H Adcock JrDirector-$20,874-$20,874
Mary Ann HartmanDirector-$19,102-$19,102
Michael Q LowderDirector-$18,925-$18,925
Jim WhitleyVice Chairma-$18,904-$18,904

Highest Paid Contractors

ContractorServicesLocationCompensation
Whitestone Utility ServiceUtility ServicePO BOX 129, 1024A COMMERCE DRIVE, Lincolnton, GA 30817$1,246,329
J&m Fasteners LLCUtility SuppliePO BOX 1153, Covington, GA 30015$152,359
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$244,368,125
Investment Income
$3,037,519
Other Revenue
$941,661
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$246,720,292
Salaries, Compensation, and Employee Benefits$737,786
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$13,035,827
Other Expenses---$6,903,554
All Other Expenses---$6,427,195
Interest---$5,266,658
Benefits to Members---$889,227
Current Officers, Directors, Trustees, and Key Employees---$737,786
Office Expenses---$315,064
Total Functional Expenses$0$0$0$248,347,305
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
Accum Prov for Pension & Benefits$50,755,478
Other Regulatory Liabilities$14,974,806
Consumer Deposits$8,939,273
Deferred Credit-unclaimed Membership$175,659
Deferred Credit-unclaimed A/p$11,189
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 with all supporting documentation made available to them.

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

Compensation for the ceo is reviewed and approved through the use of a compensation survey and a performance review conducted by the member-elected board.

Form 990, Page 6, Part VI, Line 15B

Compensation for key employees is reviewed and approved through the use of a wage and salary plan administered by the ceo and approved by the member-elected board.

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
Walton Electric Membership
EIN
58-0477163
Phone
7702672505
Address
PO BOX 260, MONROE, GA 30655

Signing Officer

Name
D Ronnie Lee
Title
President & CEO
Phone
7702672505
Signed
2015-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Same as C Above
Formed
1936
Legal Domicile
Ga
Voting Board Members
9
Independent Board Members
9
Employees
280

Preparer

Firm
Mcnair Mclemore Middlebrooks & Co LLC
Address
POST OFFICE BOX ONE, MACON, GA 31202-0001
Preparer
J Randolph Nichols
Phone
4787466277
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Medical plan equity adjustment (fas 158) 3,136,964 memberships -12,235 patronage capital credits estimated 65,314 patronage capital credits retired -6,105,275 pension plan equity adjustment (fas 158) -1,384,294 permanent capital - opc margins 263,547 retired capital credits gain - subsidiary 402,211 patronage capital credits 896,697 revenue deferral 11,000,000 permanent capital ( est. Adj.) 93,944

Raw XML AppendixShowing 400 of 537 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/BOYAmt029574426
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt025275687
IRS990/AccountsReceivableGrp/BOYAmt044101905
IRS990/AccountsReceivableGrp/EOYAmt032574398
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM'S AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.
IRS990/AllOtherExpensesGrp/TotalAmt06427195
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt0889227
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WALTON EMC
IRS990/BooksInCareOfDetail/PhoneNum07702672505
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0842 US HWY 78 NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0MONROE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd030655
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt01071470
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt01059236
IRS990/CashNonInterestBearingGrp/BOYAmt01757774
IRS990/CashNonInterestBearingGrp/EOYAmt01521455
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0737786
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt01246329
IRS990/ContractorCompensationGrp/CompensationAmt1152359
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 129
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 1153
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine2Txt01024A COMMERCE DRIVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0LINCOLNTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1COVINGTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0GA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1GA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd030817
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd130015
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0WHITESTONE UTILITY SERVICE
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1J&M FASTENERS LLC
IRS990/ContractorCompensationGrp/ServicesDesc0UTILITY SERVICE
IRS990/ContractorCompensationGrp/ServicesDesc1UTILITY SUPPLIE
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt0889227
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03037519
IRS990/CYOtherExpensesAmt0246720292
IRS990/CYOtherRevenueAmt0941661
IRS990/CYProgramServiceRevenueAmt0244368125
IRS990/CYRevenuesLessExpensesAmt00
IRS990/CYSalariesCompEmpBnftPaidAmt0737786
IRS990/CYTotalExpensesAmt0248347305
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0248347305
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt013035827
IRS990/Desc0N/A
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt0280
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt63.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt73.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt84.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt950.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1250.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1350.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1450.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
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/OtherCompensationAmt954538
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1044258
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1142103
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1237582
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1328749
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1427779
IRS990/Form990PartVIISectionAGrp/PersonNm0WARREN FEW
IRS990/Form990PartVIISectionAGrp/PersonNm1DANIEL J CHELKO
IRS990/Form990PartVIISectionAGrp/PersonNm2SAMMY SIMONTON
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHNNY R ALLGOOD
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBERT WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm5THOMAS H ADCOCK JR
IRS990/Form990PartVIISectionAGrp/PersonNm6MARY ANN HARTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7MICHAEL Q LOWDER
IRS990/Form990PartVIISectionAGrp/PersonNm8JIM WHITLEY
IRS990/Form990PartVIISectionAGrp/PersonNm9D RONNIE LEE
IRS990/Form990PartVIISectionAGrp/PersonNm10RONALD T MARSHALL
IRS990/Form990PartVIISectionAGrp/PersonNm11RUSSELL A DELONG
IRS990/Form990PartVIISectionAGrp/PersonNm12ROBERT E RENTFROW
IRS990/Form990PartVIISectionAGrp/PersonNm13MARSHA L SHUMATE
IRS990/Form990PartVIISectionAGrp/PersonNm14ALLEN R POWERS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt022340
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt121925
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt221324
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt321249
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt421024
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt520874
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt619102
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt718925
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt818904
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9497581
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10251221
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11240320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12219968
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13219965
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14149805
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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SEC/TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT &
IRS990/Form990PartVIISectionAGrp/TitleTxt10SR. VP-ENGIN
IRS990/Form990PartVIISectionAGrp/TitleTxt11SR. VP-CORPO
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP POWER SUP
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt14NATURAL GAS
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01936
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0248347305
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt034
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/TotalAmt05266658
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01684107
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01779966
IRS990/InvestmentIncomeGrp/ExclusionAmt01761810
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01275709
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03037519
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt092256519
IRS990/InvestmentsProgramRelatedGrp/EOYAmt094034095
IRS990/IRPDocumentCnt065
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0134798385
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0259050130
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0261265520
IRS990/LandBldgEquipCostOrOtherBssAmt0396063905
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersAndShrGrossIncomeAmt0248604075
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM'S AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0158280698
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0160058480
IRS990/NetAssetsOrFundBalancesBOYAmt0196475902
IRS990/NetAssetsOrFundBalancesEOYAmt0204832775
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt0315064
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt024486935
IRS990/OtherAssetsTotalGrp/EOYAmt024193164
IRS990/OtherChangesInNetAssetsAmt08356873
IRS990/OtherExpensesGrp/Desc0PURCHASED POWER
IRS990/OtherExpensesGrp/Desc1DISTRIBUTION OPERATIONS
IRS990/OtherExpensesGrp/Desc2DISTRIBUTION MAINTENANCE
IRS990/OtherExpensesGrp/Desc3CONSUMER ACCOUNTS
IRS990/OtherExpensesGrp/TotalAmt0195517563
IRS990/OtherExpensesGrp/TotalAmt110241642
IRS990/OtherExpensesGrp/TotalAmt29012789
IRS990/OtherExpensesGrp/TotalAmt36903554
IRS990/OtherLiabilitiesGrp/BOYAmt061799294
IRS990/OtherLiabilitiesGrp/EOYAmt074856405
IRS990/OtherRevenueMiscGrp/BusinessCd0900001
IRS990/OtherRevenueMiscGrp/BusinessCd1453000
IRS990/OtherRevenueMiscGrp/Desc0COOPERATIVE CHOICE, LLC
IRS990/OtherRevenueMiscGrp/Desc1MERCHANDISING INCOME
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0993490
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-51829
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0993490
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt1-51829
IRS990/OtherRevenueTotalAmt0941661
IRS990/OtherSourcesGrossIncomeAmt02540252
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt07317
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt016650
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022785633
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt032488099
IRS990/PrincipalOfficerNm0SAME AS C ABOVE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0221000
IRS990/ProgramServiceRevenueGrp/BusinessCd1221000
IRS990/ProgramServiceRevenueGrp/BusinessCd2221000
IRS990/ProgramServiceRevenueGrp/Desc0ELECTRIC REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1G & T CAPITAL CREDITS
IRS990/ProgramServiceRevenueGrp/Desc2POLE RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0237604075
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14729531
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22034519
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0237604075
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14729531
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22034519
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt09357382
IRS990/PYInvestmentIncomeAmt02314788
IRS990/PYOtherExpensesAmt0233800261
IRS990/PYOtherRevenueAmt0686795
IRS990/PYProgramServiceRevenueAmt0240827646
IRS990/PYSalariesCompEmpBnftPaidAmt0671586
IRS990/PYTotalExpensesAmt0243829229
IRS990/PYTotalRevenueAmt0243829229
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0195404432
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0203773539
IRS990/SavingsAndTempCashInvstGrp/EOYAmt017150000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt09528080
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04861917
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014389997
IRS990ScheduleD/EquipmentGrp/BookValueAmt0250624341
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0129936468
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0380560809
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt080544057
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt18983215
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt24170827
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3335996
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PATRONAGE CAPITAL IN ASSOCIATE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INVESTMENT IN CFC CTCS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2OTHER INVESTMENT-ASSOC. ORG.
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3OTHER INVESTMENT-ERC LOANS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4INVESTMENT IN CFC MEMBER CAPIT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/LandGrp/BookValueAmt01113099
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01113099
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt024128271
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt164893
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER INVESTMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INTEREST & DIVIDENDS RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2.
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt050755478
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt114974806
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt28939273
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3175659
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt411189
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCUM PROV FOR PENSION & BENEFITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER REGULATORY LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CONSUMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED CREDIT-UNCLAIMED MEMBERSHIP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4DEFERRED CREDIT-UNCLAIMED A/P
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0261265520
IRS990ScheduleD/TotalBookValueOtherAssetsAmt024193164
IRS990ScheduleD/TotalBookValueProgramRltdAmt094034095
IRS990ScheduleD/TotalLiabilityAmt074856405
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0278453
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1232391
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2221038
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3208740
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4203849
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt5140807
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount0176000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount11000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount21000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount31000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount41000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount51000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt052189
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt141909
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt240174
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt335320
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt426500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt525937
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt02349
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt12349
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt21929
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt32262
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt42249
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt51842
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt043128
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt117830
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt218282
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt310228
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt415116
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt57998
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0D RONNIE LEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1RONALD T MARSHALL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2RUSSELL A DELONG
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3ROBERT E RENTFROW
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4MARSHA L SHUMATE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm5ALLEN R POWERS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SR. VP-ENGINEER/OPER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2SR. VP-CORPORATE SVS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3VP POWER SUPPLY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4VP FINANCE

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.$647$368$279$421$421$0.00
2023Summary only. Only limited summary data is available for this year.$639$376$263$396$396$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$577$342$235$369$375$6.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$527$306$221$323$335$11.7
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$567$364$203$306$306$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$562$352$210$310$310$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$519$325$194$314$314$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$492$330$162$286$286$0.00
2016Summary only. Only limited summary data is available for this year.$489$317$173$290$290$0.00
2015Summary only. Only limited summary data is available for this year.$442$247$196$238$245$6.13
2014Detailed filing. Detailed filing data is available for this year.$465$260$205$248$248$0.00
2013Detailed filing. Detailed filing data is available for this year.$446$250$196$244$244$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$446$265$180$242
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$446$263$183$242
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$452$283$170$225