Georgia Electric Membership Corporation

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

“The corporation's governing body consists of one director from each member cooperative as provided for in its bylaws which are included as a part of this return.”

“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 is reviewed by the board as provided for in the corporation's policy which is included as a part of this return.”

“The corporation 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.”

“Compensation for the ceo is reviewed by the board as provided for in the corporation's policy which is included as a part of this return.”

“Compensation for key employees is reviewed by the board as provided for in the corporation's policy which is included as a part of this return.”

“The corporation 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.”

“Georgia electric membership corporation is a not-for-profit corporation organized to : - foster, develop and encourage the program of rural electrification in the state of georgia - further the general welfare and to promote the interest of the members of gemc; to further the safety, stability, security and prosperity of electric cooperatives; to aid in solving problems common to electric cooperatives - disseminate information relating to the rural electrification program; to cooperate with federal, state and municipal agenices in the promotion of rural electrification and national, state, community and rural development; to provide services and informational programs that will stimulate local growth, stability and security and strengthen the electric cooperative program in georgia - otherwise assist the members of gemc to provide electric energy to inhabitants of member service areas at the lowest possible cost consistent with sound economy”