Liabilities / Assets
25th percentile
Higher debt load relative to assets than 25% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.41x
Liabilities / Revenue
13th percentile
Higher debt load relative to revenue than 13% of similar nonprofits.
Net Margin
64th percentile
Higher net margin than 64% of similar nonprofits.
Top Officer Pay
2nd percentile
Higher top officer pay than 2% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
1st percentile
Faster asset growth than 1% of similar nonprofits.
Revenue Growth
29th percentile
Faster revenue growth than 29% of similar nonprofits.
Balance Sheet
Assets
Down$71,203,475
Down $4,825,443 (-6.3%) from 2019
Net Assets
Up$42,295,702
Up $1,000,000 (+2.4%) from 2019
Liabilities
Down$28,907,773
Down $5,825,443 (-17%) from 2019
Revenue And Expenses
Revenue
Down$45,781,651
Down $1,860,561 (-3.9%) from 2019
Expenses
Down$44,781,651
Down $2,860,561 (-6.0%) from 2019
Net Income
Up$1,000,000
Up $1,000,000 from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Nov 9, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $45,781,651
Mission and Program Overview
Mission
To furnish electrical energy and service; to assist its 35 Georgia EMC members in the efficient and economical use of energy; See full mission statement on Sch O.To furnish electrical energy and service; to assist its 35 Georgia EMC members in the efficient and economical use of energy; to engage in research and to promote and develop energy conservation and sources and methods of conserving, producing, converting and delivering energy; and to engage in any lawful act or activity necessary or convenient to effect the foregoing purposes.
Generation of electricty for members cooperatives
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $36,708,853 | $37,708,853 | ▲ $1,000,000 |
| Investments Program Related | $28,729,443 | $24,612,443 | ▼ $4,117,000 |
| Land, Buildings, and Equipment, Net | $11,095,448 | $12,932,342 | ▲ $1,836,894 |
| Cash and Non-Interest-Bearing Accounts | $10,621,813 | $10,350,340 | ▼ $271,473 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $4,586,674 | $4,586,674 | → $0 |
| Accounts Receivable | $2,319,152 | $2,210,751 | ▼ $108,401 |
| Cap Stk Tr Prin Current Funds | $175 | $175 | → $0 |
| Total Assets | $76,028,918 | $71,203,475 | ▼ $4,825,443 |
| Other Assets Total | $23,263,062 | $21,097,599 | ▼ $2,165,463 |
| Liabilities | |||
| Deferred Revenue | $28,793,384 | $20,672,737 | ▼ $8,120,647 |
| Accounts Payable and Accrued Expenses | $5,939,832 | $8,235,036 | ▲ $2,295,204 |
| Total Liabilities | $34,733,216 | $28,907,773 | ▼ $5,825,443 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $41,295,702 | $42,295,702 | ▲ $1,000,000 |
| Total Liabilities and Net Assets / Fund Balance | $76,028,918 | $71,203,475 | ▼ $4,825,443 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $12,145,220 | $258,215,252 | $270,360,472 |
| Land | $787,122 | - | $787,122 |
| Investment Program Related Org | $16,483,903 | - | - |
| Other Assets Org | $383,470 | - | - |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| D Ronnie Lee | Director/President |
| Brad Thomas | Director |
| Edward M Brinson Jr | Director |
| Gary A Miller | Director |
| Randy Crenshaw | Director |
| Sandy Shea | Secretary |
| Anne F Appleby | Treasurer |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Oglethorpe Power Corporation | Mgt and Financial Services | 2100 East Exchange Place, Tucker, GA 30084 | $382,003 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $45,728,945
- Investment Income
- $52,706
- Other Revenue
- $0
- Change in Net Assets
- $1,000,000
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $45,781,651
- Revenue Not Reported on Financial Statements
- $0
- Revenue Not Reported on Form 990
- $0
- Total Revenue per Audited Statements
- $45,781,651
- Total Revenue per Form 990
- $45,781,651
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $44,781,651 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | - | - | - | $1,109,776 |
| Other Expenses | - | - | - | $914,828 |
| Total Functional Expenses | $0 | $0 | $0 | $44,781,651 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $44,781,651 |
| Total Expenses per Audited Statements | $44,781,651 |
| Total Expenses per Form 990 | $44,781,651 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- 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
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- Yes
Governance Explanations
Form 990, Part VI
“Part VI, Section B, Line 16a Oglethorpe Power Corporation, a taxable cooperative (60%) and the organization (40%) are co-owners in CT Parts, LLC, which is treated as a partnership for tax purposes.”
Form 990, Part VI, Section A, line 2
“Two of the officers, Anne Appleby and Sandy Shea, are employees of Oglethorpe Power Corporation of which one of Smarr EMC Board of Directors also serve as Board of Directors for Oglethorpe Power Corporation, thus creating a business relationship. Neither of the officers are voting members of the governing body.”
Form 990, Part VI, Section A, line 3
“Oglethorpe Power Corporation provides management services and financial services to the corporation through two management services agreements and two financial services agreements. One of the management services agreements and one of the financial services agreements is associated with the corporations's Sewell Creek Energy Facility. The other two agreements are associated with the corporation's Smarr Energy Facility. The Board of Directors of the corporation oversee compliance with the terms of these agreements. As listed Part VII, Section A, Anne Appleby is an officer of both Smarr EMC and Oglethorpe Power Corporation. However, she is not paid any compensation for the services she performs for Smarr EMC.”
Form 990, Part VI, Section A, line 6
“The corporation has members as provided for in its bylaws.”
Form 990, Part VI, Section A, line 7A
“The corporation has members who elect members of the governing body as provided for in its bylaws.”
Form 990, Part VI, Section A, line 7B
“Certain governance decisions for the corporation are reserved to (or subject to approval by) members as provided for in its bylaws.”
Form 990, Part VI, Section A, line 8B
“The governing body of the organization maintains written documentation of meetings held.”
Form 990, Part VI, Section B, line 11B
“After preparation and review, the return is sent electronically to all officers and board members of Smarr EMC. The return is filed after review by the officers and directors.”
Form 990, Part VI, Section B, line 12C
“The corporation regularly and consistently monitors and enforces compliance with its conflict of interest policy as provided for in its policy.”
Form 990, Part VI, Section C, line 19
“Smarr's governing documents and conflict of interest policy are made available to the public via the internet as well as upon request. The financial statements are available to the public upon request.”
Filing and Contact Details
Filer
- Filer Name
- Smarr EMC
- EIN
- 58-2423010
- Phone
- 7702707660
- Address
- 2100 East Exchange Place, Tucker, GA 30084
Signing Officer
- Name
- Elizabeth Higgins
- Title
- Treasurer
- Phone
- 7702707660
- Signed
- 2021-11-09
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Elizabeth Higgins
- Formed
- 1998
- Legal Domicile
- Ga
- Voting Board Members
- 5
- Independent Board Members
- 5
- Employees
- 0
- Volunteers
- 0
Preparer
- Firm
- Oglethorpe Power Corporation
- Address
- 2100 East Exchange Place, Tucker, GA 30084
- Preparer
- Kathryn Curtis
- Phone
- 7702707600
Raw XML Appendix353 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.
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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 5939832 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 8235036 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 2319152 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 2210751 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | Generation of electricty for members cooperatives |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Oglethorpe Power Corporation |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7702707660 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2100 East Exchange Place |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Tucker |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 30084 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 175 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 175 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 10621813 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 10350340 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
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| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Mgt and Financial Services |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
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| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
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| IRS990/CYOtherExpensesAmt | 0 | 44781651 |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | 1000000 |
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| IRS990/CYTotalExpensesAmt | 0 | 44781651 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 45781651 |
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| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 28793384 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 20672737 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 1 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1109776 |
| IRS990/Desc | 0 | Smarr EMC was incorporated on October 23, 1998 under the Georgia Electric Membership Corporation Act, and operates as a membership cooperative. Smarr EMC has 35 members, each of which is an electric distribution cooperative that operates on a cooperative basis and qualifies as an exempt like organization under section 501(c)(12)(A) of the the Internal Revenue Code of 1986 as amended. Each of the members provides retail electric service on a not-for-profit basis to residential, commercial and industrial customer within a specific geographic area of Georgia. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.40 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.01 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | D Ronnie Lee |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Edward M Brinson Jr |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Gary A Miller |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Randy Crenshaw |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Brad Thomas |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Anne F Appleby |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Sandy Shea |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Director/President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Secretary |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1998 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 45781651 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 52706 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 52706 |
| IRS990/InvestmentInJointVentureInd | 0 | 1 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 28729443 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 24612443 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 258215252 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 11095448 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 12932342 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 271147594 |
| IRS990/LegalDomicileStateCd | 0 | GA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersAndShrGrossIncomeAmt | 0 | 45728945 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | To furnish electrical energy and service; to assist its 35 Georgia EMC members in the efficient and economical use of energy; See full mission statement on Sch O.To furnish electrical energy and service; to assist its 35 Georgia EMC members in the efficient and economical use of energy; to engage in research and to promote and develop energy conservation and sources and methods of conserving, producing, converting and delivering energy; and to engage in any lawful act or activity necessary or convenient to effect the foregoing purposes. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 41295702 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 42295702 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 23263062 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 21097599 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Production Expense |
| IRS990/OtherExpensesGrp/Desc | 1 | Fuel |
| IRS990/OtherExpensesGrp/Desc | 2 | Taxes |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 22714726 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 20042321 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 914828 |
| IRS990/OtherSourcesGrossIncomeAmt | 0 | 52706 |
| IRS990/PartialLiquidationInd | 0 | 0 |
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| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 4586674 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | Elizabeth Higgins |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 221118 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Sale of Electricity to |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 45728945 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 45728945 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 255648 |
| IRS990/PYOtherExpensesAmt | 0 | 47642212 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 47386564 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 0 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 47642212 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 47642212 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1000000 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 1 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 36708853 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 37708853 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 44781651 |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | 0 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 8128540 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 16483903 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | Investments in Associated Organizations |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | Long-Term Investments |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 1 | F |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 787122 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 787122 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 828424 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 19885705 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 383470 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Contruction Work in Progress |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | Materials and Supplies |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | Other MIscellaneous Assets |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 12145220 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 258215252 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 270360472 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 45781651 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 12932342 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 21097599 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 24612443 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 44781651 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 45781651 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 45781651 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 44781651 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Part VI, Section B, Line 16a Oglethorpe Power Corporation, a taxable cooperative (60%) and the organization (40%) are co-owners in CT Parts, LLC, which is treated as a partnership for tax purposes. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Two of the officers, Anne Appleby and Sandy Shea, are employees of Oglethorpe Power Corporation of which one of Smarr EMC Board of Directors also serve as Board of Directors for Oglethorpe Power Corporation, thus creating a business relationship. Neither of the officers are voting members of the governing body. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Oglethorpe Power Corporation provides management services and financial services to the corporation through two management services agreements and two financial services agreements. One of the management services agreements and one of the financial services agreements is associated with the corporations's Sewell Creek Energy Facility. The other two agreements are associated with the corporation's Smarr Energy Facility. The Board of Directors of the corporation oversee compliance with the terms of these agreements. As listed Part VII, Section A, Anne Appleby is an officer of both Smarr EMC and Oglethorpe Power Corporation. However, she is not paid any compensation for the services she performs for Smarr EMC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The corporation has members as provided for in its bylaws. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The corporation has members who elect members of the governing body as provided for in its bylaws. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Certain governance decisions for the corporation are reserved to (or subject to approval by) members as provided for in its bylaws. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | The governing body of the organization maintains written documentation of meetings held. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | After preparation and review, the return is sent electronically to all officers and board members of Smarr EMC. The return is filed after review by the officers and directors. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | The corporation regularly and consistently monitors and enforces compliance with its conflict of interest policy as provided for in its policy. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Smarr's governing documents and conflict of interest policy are made available to the public via the internet as well as upon request. The financial statements are available to the public upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section A, line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section A, line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section A, line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Section A, line 7b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part VI, Section A, line 8b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990, Part VI, Section C, line 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | GA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 76028918 |
| IRS990/TotalAssetsEOYAmt | 0 | 71203475 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 76028918 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 71203475 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 44781651 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 34733216 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 28907773 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 34733216 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 28907773 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 41295702 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 42295702 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 45728945 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 52706 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 45728945 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 45781651 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 76028918 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 71203475 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 2100 East Exchange Place |
| IRS990/USAddress/CityNm | 0 | Tucker |
| IRS990/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990/USAddress/ZIPCd | 0 | 30084 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| IRS990/WrittenPolicyOrProcedureInd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Elizabeth Higgins |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7702707660 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Smarr EMC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SMAR |
| ReturnHeader/Filer/EIN | 0 | 582423010 |
| ReturnHeader/Filer/PhoneNum | 0 | 7702707660 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2100 East Exchange Place |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Tucker |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 30084 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 581211925 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Oglethorpe Power Corporation |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2100 East Exchange Place |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Tucker |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 30084 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7702707600 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Kathryn Curtis |
| ReturnHeader/ReturnTs | 0 | 2021-11-09T13:13:58-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Elizabeth |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Higgins |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $71,203,475
- Liabilities
- $28,907,773
- Net assets
- $42,295,702
- Revenue
- $45,781,651
- Expenses
- $44,781,651
- Net income
- $1,000,000