2025-04-17T06:16:38-07:00 2024-12-31 990 2024-01-01 582231201 GEORGIA TRANSMISSION CORPORATION GEOR 7702707400 1979 Lakeside Pkwy Tucker GA 30084 Jenny Buttrey Vice President, Controller 7702707214 2025-04-17 1 2024 2025-03-06 01:10:19Z X Jenny Buttrey 1979 Lakeside Pkwy Tucker GA 30084 456341203 0 X www.gatransmission.com X 1996 GA Transmission of Electricity 11 11 389 0 0 0 0 0 412024784 447494207 7287535 8846996 0 0 419312319 456341203 0 0 24876699 40072436 43401266 46900192 0 0 0 351034354 369368575 419312319 456341203 0 0 3267069983 3896617688 2857072479 3446547748 409997504 450069940 Transmission of Electricity 0 0 Principal Business is providing transmission services. At 12/31/24, Georgia Transmission Corporation owned approximately 5,383 miles of transmission lines and 780 substations. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 237 0 1 389 1 0 0 0 0 0 448022845 14245120 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X Jenny Buttrey CPA 7702707214 Georgia Transmission Corporation 1979 Lakeside Pkwy Tucker GA 30084 Barbara Hampton President, CEO 40 X 1375477 0 79070 Keith Daniel SVP Transmission Policy 40 X 698763 0 93324 Dustin Zubke Sr VP and CFO 40 X 645995 0 89693 David Van Winkle SVP Operations & Maintenance 40 X 555162 0 80534 John Raese Sr VP Project Services 40 X 538114 0 80345 Angela Sheffield VP Gen Audit/Chief Reg Cpl Officer 40 X 466443 0 91112 Joe Sowell VP System Planning 40 X 463471 0 75963 Angie Farsee VP Human Resources 40 X 455032 0 58625 Camron Carden VP Transmission Projects 40 X 369756 0 91280 Jenny Buttrey VP Controller 40 X 278766 0 82529 Kevin Luke Director, Transmission Maintenance 40 X 277956 0 79269 Michael Fourman Dir, Business Intelligence 40 X 281230 0 73998 Anthony Wright Dir, Electronic Maint. & Operational Communications 40 X 260106 0 83234 Jeff Brogdon Director, Engineering-Electrical 40 X 246496 0 82548 Nathan Lovett Sr Mgr, Relay & Control Design 40 X 257968 0 68069 Steve Beaulieu Dir, Member Relations 40 X 254820 0 70756 Chris Beavers Dir, Internal Audit 40 X 241948 0 81439 Jay Horsley Dir Safety & Technical Training 40 X 245657 0 69075 Joey Lowery Senior Manager, System Reliability 40 X 248577 0 52116 Danny Cortese Director, Engineering Services 40 X 241356 0 51575 Chip Buttrill Research Development & Technical Stds Mgr 40 X X 252944 0 38700 Robert Casey Senior Advisor 40 X 249619 0 36708 Lynn Huffines Senior Advisor 40 X X 231561 0 44930 Lynn Watkins Dir, Finance, Rates & Treasury 40 X X 152508 0 29403 David Williams Director, Supply Chain Management 40 X X 131826 0 27606 Anne Hicks General Counsel 40 X X 101320 0 26648 Jill Tietjen Director 2 X 51375 0 0 Charles Fendley Director 2 X 37915 0 0 Otis Jones Director 2 X 36240 0 0 Arthur White Director 2 X 34020 0 0 Steve Rawl Director 2 X 33835 0 0 Michael McMillan Director 2 X 30900 0 0 Wendy Sellers Director 2 X 30900 0 0 David Dunaway Director 2 X 30455 0 0 Robert L Lewis Director 2 X 29500 0 0 Tony Tucker Director 2 X 28275 0 0 Ron Marshall Director 2 X 28100 0 0 Raphael Brumbeloe Director 2 X X 5900 0 0 9900286 0 1738549 265 1 1 0 Georgia System Operations Corporation 2100 E Exchange Place Tucker GA 30084 Shared Services and Control 41729061 Aubrey Silvey Construction 371 Hamp Jones Rd Carrollton GA 30117 Construction Services 24341682 Pike Electric PO Box 1000 Dept 517 Memphis TN 38148 Construction Services 16257351 Strategic Land Services Inc 4275 McBrayer Rd Oakwood GA 30566 Construction Services 8126287 Service Electric Company 1631 East 25th St Chattanooga TN 37404 Construction Services 6960213 74 0 0 0 0 0 0 0 0 Network Services Revenue 210000 408858396 408858396 0 0 Transmission Rental Income 221000 45051303 45051303 0 0 Other Revenues 221000 6584508 6584508 0 0 Refund to Members 221000 -13000000 -13000000 0 0 0 0 0 0 447494207 8846996 8846996 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 456341203 456341203 0 0 40072436 7345585 27418370 0 9917712 2218525 0 723789 0 0 0 0 37591640 88201 6461874 0 0 0 1338782 0 344597 109199723 0 98749338 2179346 GSOC Ops/SS Charges 34755040 Property/Other Taxes 28057800 Parity Expense 25574040 Control Center/Trans Reserve 21763162 2541243 456341203 0 0 0 111779638 86989005 50208702 90952223 46719998 52302380 55343972 54868840 5177497670 1589526513 2978698851 3587971157 24318822 23534083 3267069983 3896617688 458260980 534909956 0 0 0 0 94465000 94465000 2287970679 2799831101 16375820 17341691 2857072479 3446547748 X 409997504 450069940 0 0 409997504 450069940 3267069983 3896617688 X 0 0 0 0 0 40072436 X 0 1 X 1 0 0 425529693 425529693 0 213036238 88765336 124270902 0 0 0 0 0 4066350660 1485198985 2581151675 0 472581079 15562192 457018887 3587971157 Accumulated Provision for Benefits 5908482 Deferred Credit 9962000 Deferred Hedge Settlement 1471209 17341691 X 456341203 0 0 0 0 0 456341203 0 0 0 456341203 416268767 0 0 0 0 0 416268767 0 40072436 40072436 456341203 Schedule D, Part X, Line 2 Georgia Transmission Corporation is a 501(c)(12) cooperative and is exempt from federal and state income taxes, provided revenues from its Member System and Oglethorpe are at least 85% of total revenue. Georgia Transmission has processes presently in place to ensure the maintenance of its tax-exempt status, to identify and report unrelated income and to identify and evaluate other matters that may be considered tax positions. Georgia Transmission has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. Schedule D, Part XII, Line 4b The amount represents the financial reporting net income that is reflected as patronage capital "paid" for 2024 to the members. For financial reporting purposes, the amount is not yet distributed. X 1 1 X X X X 0 1 0 Barbara Hampton President, CEO 1007335 0 353798 0 25102 0 46000 0 33070 0 1465305 0 0 0 Dustin Zubke Sr VP and CFO 462375 0 173302 0 22731 0 46000 0 43693 0 748101 0 0 0 Keith Daniel SVP Transmission Policy 488396 0 176026 0 50430 0 46000 0 47324 0 808176 0 0 0 David Van Winkle SVP Operations & Maintenance 416538 0 106615 0 44382 0 46000 0 34534 0 648069 0 0 0 John Raese Sr VP Project Services 396083 0 104564 0 49375 0 46289 0 34056 0 630367 0 0 0 Angela Sheffield VP Gen Audit/Chief Reg Cpl Officer 349847 0 88409 0 37261 0 46000 0 45112 0 566629 0 0 0 Joe Sowell VP System Planning 366973 0 88804 0 12069 0 46000 0 29963 0 543809 0 0 0 Angie Farsee VP Human Resources 340551 0 84343 0 42993 0 23816 0 34809 0 526512 0 0 0 Camron Carden VP Transmission Projects 303039 0 64226 0 14322 0 48404 0 42877 0 472868 0 0 0 Jenny Buttrey VP Controller 268040 0 14175 0 4529 0 43743 0 38786 0 369273 0 0 0 Michael Fourman Dir, Business Intelligence 264516 0 11950 0 10555 0 42852 0 31146 0 361019 0 0 0 Kevin Luke Director, Transmission Maintenance 265110 0 9450 0 14781 0 42495 0 36774 0 368610 0 0 0 Anthony Wright Dir, Electronic Maint. & Operational Communications 246227 0 11450 0 15479 0 34891 0 48342 0 356389 0 0 0 Jeff Brogdon Director, Engineering-Electrical 243287 0 9063 0 1740 0 39099 0 43449 0 336638 0 0 0 Jay Horsley Dir Safety & Technical Training 233031 0 7338 0 11994 0 37218 0 31856 0 321437 0 0 0 Chris Beavers Dir, Internal Audit 239958 0 7088 0 4261 0 36255 0 45184 0 332746 0 0 0 Danny Cortese Director, Engineering Services 223553 0 8963 0 14165 0 35694 0 15881 0 298256 0 0 0 Lynn Huffines Senior Advisor 219450 0 9975 0 4221 0 32270 0 12660 0 278576 0 0 0 Lynn Watkins Dir, Finance, Rates & Treasury 141903 0 9450 0 2012 0 23460 0 5943 0 182768 0 0 0 David Williams Director, Supply Chain Management 122057 0 9450 0 1604 0 20233 0 7373 0 160717 0 0 0 Anne Hicks General Counsel 92675 0 9450 0 1039 0 15791 0 10857 0 129812 0 0 0 Nathan Lovett Sr Mgr, Relay & Control Design 246301 0 9650 0 7739 0 37187 0 30882 0 331759 0 0 0 Steve Beaulieu Dir, Member Relations 229988 0 11007 0 33043 0 34032 0 36724 0 344794 0 0 0 Chip Buttrill Research Development & Technical Stds Mgr 240418 0 10106 0 4289 0 36258 0 2442 0 293513 0 0 0 Robert Casey Senior Advisor 227542 0 8836 0 13241 0 36679 0 29 0 286327 0 0 0 Joey Lowery Senior Manager, System Reliability 236425 0 7088 0 7392 0 37682 0 14433 0 303020 0 0 0 Schedule J, Part I, Line 1a All Georgia Transmission Corporation Officers and qualifying associates are eligible to receive a car allowance. The amounts range from $6,000 to $12,000. Amounts received are not grossed up for income tax purposes and the respective amount is reflected as gross wages, box 1, Form W-2 for each respective individual receiving an allowance. Car allowances are reviewed annually. Concerning the actual car allowance, no documentation is required to be presented to receive the allowance. Mileage reimbursement is, however, required to be substantiated before receipt of funds. Schedule J, Part I, Line 3 Georgia Transmission Corporation has a compensation committee that is a subset of the Board of Directors. Georgia Transmission Corporation's CEO's salary is market-reviewed annually and submitted by Human Resources to the committee for approval. The committee would then present the salary increase recommendation to the Board of Directors for approval. Schedule J, Part I, Line 4 Non-Qualified plan participants include: Dustin Zubke $8,430, John Raese $1,270, Angela Sheffield $6,551, and Angie Farsee $5,954. A Development Authority of Burke County Georgia Transmission Corporation Vogtle Project 121342NL9 2015-05-01 94465000 Pollution Control Bonds 0 0 0 A 0 0 94465000 0 0 0 0 0 0 0 0 0 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 Form 990, Part VI, Section A, Line 6 Georgia Transmission Corporation is a tax-exempt 501(c)(12) entity whose membership consists of 38 EMC's in the state of Georgia and Oglethorpe Power Corporation. Form 990, Part VI, Section A, Line 7a The corporation has members who elect members of the governing body as provided for in its by-laws. Form 990, Part VI, Section A, Line 7b Certain decisions of the governing body are subject to approval by members as provided for in its by-laws. Form 990, Part VI, Section B, Line 11b The Form 990 is prepared by a licensed CPA in the state of Georgia. The draft is reviewed by the Chief Financial Officer and the Assistant Controller. A draft version is then presented to the Audit Committee, a subset of the Board of Directors, for review before submission. Any comments or questions are addressed prior to filing. The final form is submitted by the preparer Form 990, Part VI, Section B, Line 12c Georgia Transmission Corporation maintains a corporate policy that provides guidelines and standards for the employees to avoid conflicts of interest or any appearances of conflicts of interest, so that the affairs of Georgia Transmission Corporation may be carried out in a businesslike and ethical manner. At the time of hiring, all employees are required to review this policy and sign an acknowledgment that they have received and understand the policy. To ensure continued compliance with this policy, Internal Audit coordinates the mail out and receipt of questionnaires annually to all associates and board members which require these individuals to disclose any potential conflicts of interest. An audit is performed of all disclosures to determine whether an actual conflict of interest exists and what actions need to be taken. The results of the audit are reported to the Audit Committee. Form 990, Part VI, Section B, Line 15 Georgia Transmission Corporation has a compensation committee that is a subset of the Board of Directors. The CEO's salary is market-reviewed annually and submitted by Human Resources to the committee for approval. The committee would then present the salary increase recommendation to the Board of Directors for final approval. Form 990, Part VI, Section C, Line 19 Currently, Georgia Transmission Corporation publishes its financial statements in PDF format on its website www.gatransmission.com. The conflict of interest policy and any governing documents are available on the inter-company document retrieval system and available upon request by the public. Form 990, Part XI, Line 9 The amount represents the financial reporting net income that is reflected as patronage capital "paid" for 2024 to the members. For financial reporting purposes, the amount is not yet distributed.