2024-04-22T11:35:10-04:00 2023-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2023-01-01 580246393 SAWNEE ELECTRIC MEMBERSHIP CORPORATION SAWN 7708872363 PO BOX 266 CUMMING GA 300280266 MICHAEL A GOODROE PRESIDENT/CEO 7708872363 2024-03-31 true MICHAEL GOODROE XXX-XX-XXXX false H TERRELL MCMICHAEL JR P01259982 4787466277 2024-04-22 2023 2023-04-26 12:10:37Z MICHAEL A GOODROE PO BOX 266 CUMMING GA 30028 448226229 false X WWW.SAWNEE.COM X 1938 GA TO PROVIDE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM'S SERVICE AREA, AS PROVIDED BY GEORGIA LAW, LENDER REQUIREMENTS AND OTHER REGULATORY AND INDUSTRY STANDARDS. 9 8 392 166560 0 438759486 439737513 2696396 7980853 1098568 507863 442554450 448226229 0 12052828 25344585 1193352 1341587 0 0 429308270 421540057 442554450 448226229 0 939931569 977478737 627602905 641058001 312328664 336420736 TO PROVIDE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM'S SERVICE AREA, AS PROVIDED BY GEORGIA LAW, LENDER REQUIREMENTS AND OTHER REGULATORY AND INDUSTRY STANDARDS. false false N/A false false false false false false false false false true false true false true false true false false false false false false false false false false false false true false false false false true false false false false false false false false false true 49 49 true 392 true true true false false false false 439033962 10070262 false false false X 9 8 false false false false true true true true true false false true true true true true true true true false GA X SAWNEE ELECTRIC MEMBERSHIP CORPORAT 7708872363 PO BOX 266 CUMMING GA 30028 ROGER T COKER CHAIRMAN 4.18 X X 41329 0 0 TIM G HEARD VICE CHAIRMA 4.56 X X 43809 0 0 GARY G PORTER SECRETARY/TR 4.42 X X 43344 0 0 BILL BARNETT DIRECTOR 3.21 X 37266 0 0 LARRY M EVANS DIRECTOR 2.20 X 34950 0 0 TERRY W MATHIS DIRECTOR 2.01 X 33984 0 0 MARSHALL S MILLWOOD DIRECTOR 3.59 X 39034 0 0 RODNEY H REESE DIRECTOR 3.50 X 39259 0 0 DONNA O YOST DIRECTOR 3.14 X 38119 0 0 MICHAEL A GOODROE PRESIDENT/CE 50.00 X 954664 0 35829 GARY MAULDIN COO 50.00 X 591910 0 29434 VIRGINIA ELLIS CFO 50.00 X 427567 0 147001 CHET D BLACKSTOCK VP OPERATION 50.00 X 304204 0 124107 DEWAYNE G FARR VP ENGINEERI 50.00 X 229625 0 104305 CARL BADGETT CIO 50.00 X 227408 0 23119 3086472 463795 155 false true false WA KENDALL CO PO BOX 831 LAWRENCEVILE GA 30046 RIGHT-OF-WAY 7177514 TOWNSEND TREE SERVICE COMPANY LLC 1015 WEST JACKSON ST MUNCIE IN 47305 RIGHT-OF-WAY 3757826 POWERGRID SERVICES 2350 HWY 31 NW HARTSELLE AL 35640 RIGHT-OF-WAY 937909 EVERSHEDS SUTHERLAND US LLP 999 PEACHTREE STREET NE SUITE 2300 ATLANTA GA 30309 ATTORNEY 258547 UNIVERSAL PROTECTION SERVICE LP 1551 N TUSTIN AVENUE SUITE 650 SANTA ANA CA 92705 SECURITY 258145 9 ELECTRIC REVENUE 221000 432003870 432003870 G & T CAPITAL CREDITS 221000 2938615 2938615 POLE RENTAL 221000 2458758 2458758 OTHER CAPITAL CREDITS 221000 2336270 2336270 439737513 7980853 7980853 814764 814764 PROFIT SHARING C/F NATURAL G 525100 105050 105050 FINDER'S FEE - GAS 541800 61510 61510 GAIN ON DISPOSITION OF PROPER 60995 60995 -534456 -534456 -306901 448226229 436805294 166560 11254375 25344585 1341587 714478 3078400 11143882 25078379 PURCHASED POWER 285265938 DISTRIBUTION MAINTENANCE 43454806 DISTRIBUTION OPERATIONS 23967405 ADMIN. & GENERAL EXP. 14633057 14203712 448226229 0 0 0 17884631 15613863 21916852 24648507 41410462 44934362 8467011 8922449 104712 116835 832047279 143289958 648038283 688757321 149050000 135909000 51353588 56452232 1706030 2124168 939931569 977478737 46594150 46201176 386747309 407325370 194261446 187531455 627602905 641058001 X 145730 140030 312182934 336280706 312328664 336420736 939931569 977478737 X 0 24092072 X false true X true true true 6148632 6148632 825898647 143289958 682608689 688757321 GTC-CAPITAL CREDITS 30705837 C SMARR EMC-CAPITAL CREDITS 13134352 C GRESCO UTILITY-CAPITAL CREDITS 8388300 C NRUCFC-CAPITAL TERM CERTIFICAT 1261169 C NRUCFC-CAPITAL CREDITS 1171729 C FEDERATED INSURANCE-CAPITAL CR 1016764 C OTHER INVESTMENTS 774081 C 56452232 REGULATORY LIABILITES - ASC 980 141790508 ACCUM PROV FOR PENSION & BENEFITS 33576930 CONSUMER DEPOSITS 12068576 DEFERRED CREDITS 95441 187531455 455366610 7140381 7140381 448226229 448226229 423147850 423147850 25078379 25078379 448226229 SCHEDULE D, PAGE 4, PART XI, LINE 2D REVENUE RECOGNIZED UNDER ASC 980 7,140,381 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 25,078,379 SCHEDULE D, PAGE 4, PART XIII THE CORPORATION'S RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS PRESCRIBED BY THE FEDERAL ENERGY REGULATORY COMMISSION (18CFR.PART 101) AS MODIFIED AND ADOPTED BY THE RURAL UTILITIES SERVICE (RUS) IN 7.CFR.1767. THOSE PRACTICES UTILIZE ALLOCATION BASES. AS A RESULT, IT WOULD REQUIRE SIGNIFICANT EFFORT TO BREAK OUT EXPENSES IN THE FUNCTIONAL CATEGORIES PROVIDED FOR ON THE STATEMENT OF FUNCTIONAL EXPENSES. MANAGEMENT HAS OPTED TO CLASSIFY ITS EXPENSES ON PART IX OF THE FORM 990 IN THE SAME MANNER IT REPORTS ITS FINANCIAL RESULTS TO LENDERS, REGULATORS AND ITS MEMBER-OWNERS. X X X X false false false MICHAEL A GOODROE PRESIDENT/CEO 831583 123081 35829 990493 GARY MAULDIN COO 527555 64355 29434 621344 VIRGINIA ELLIS CFO 398123 29444 111441 35560 574568 CHET D BLACKSTOCK VP OPERATIONS 274971 29233 88758 35349 428311 DEWAYNE G FARR VP ENGINEERING 222268 7357 72421 31884 333930 CARL BADGETT CIO 208778 18630 23119 250527 TRI-SCAPES MATHIS - FAMILY 122689 LANDSCAPE SERVICE false FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7A THE COOPERATIVE HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IN 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 POLICIES AS PROVIDED FOR IN ITS POLICIES WHICH ARE 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 POLICIES, 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. FORM 990, PART XI, LINE 9 DONATED CAPITAL 87,099 REVENUE RECOGNITION UNDER ASC 980 7,140,381 PATRONAGE CAPITAL CREDITS 25,344,585 RETIRED CAPITAL CREDITS - GAIN 765,586 MEMBERSHIP FEES -5,700 RETIREMENT OF CAPITAL CREDITS -9,239,879 TOTAL 24,092,072