2024-08-14T13:19:06-04:00 2023-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2023-01-01 582231207 GEORGIA SYSTEM OPERATIONS CORPORATION GEOR 7702707600 2100 EAST EXCHANGE PLACE TUCKER GA 30084 JOHN G SWEENEY JR EXECUTIVE VP 7702707600 2024-06-01 true false WILLIAM R ROUNTREE P01231836 4787466277 2024-08-14 2023 2024-08-08 14:25:15Z GSOC JOHN G SWEENEY JR 2100 EAST EXCHANGE PLACE TUCKER GA 30084 92308341 false X WWW.GASOC.COM X 1997 GA GEORGIA SYSTEM OPERATIONS CORPORATION (GSOC) PROVIDES 24-HOUR ELECTRIC SYSTEM OPERATION SERVICES, ON A NOT FOR PROFIT BASIS, TO ENERGY MARKET PARTICIPANTS IN GEORGIA AND THE SOUTHEASTERN UNITED STATES. 13 13 307 0 0 85626205 92047174 14591 261167 0 85640796 92308341 0 0 51700786 57635912 0 0 33940010 34672429 85640796 92308341 0 34037151 37044409 33795131 36802389 242020 242020 GEORGIA SYSTEM OPERATIONS CORPORATION (GSOC) PROVIDES 24-HOUR ELECTRIC SYSTEM OPERATION SERVICES, ON A NOT FOR PROFIT BASIS, TO ENERGY MARKET PARTICIPANTS IN GEORGIA AND THE SOUTHEASTERN UNITED STATES. false false 92308341 92047159 GEORGIA SYSTEM OPERATIONS CORPORATION ENSURES RELIABLE, INDEPENDENT SYSTEM OPERATIONS BY CONTROLLING AND MONITORING ELECTRIC GENERATION, TRANSMISSION AND DISTRIBUTION ASSETS OWNED BY ITS MEMBERS AND THEIR POWER SUPPLY PARTNERS. 92308341 false false false false false false false false false true false false true true false true false false false false false false false false false false false false true false false false false false false false false false false false false false true true true false true 90 0 true 307 true false false false false false false false false X 13 13 false false true false true true true true true false false true true true true true true true true false GA X JEFFREY L HAYS 7702707600 2100 EAST EXCHANGE PLACE TUCKER GA 30084 GREGORY S FORD PRESIDENT & 40.00 X 802116 0 149597 JEFF THOMPSON VICE PRESIDE 40.00 X 468595 0 118443 NATHAN BROWN EXECUTIVE VP 40.00 X 463675 0 78390 JOHN G SWEENEY JR EXECUTIVE VP 40.00 X 454527 0 78965 ALAN SIOBERG VICE PRESIDE 40.00 X 357563 0 85766 HOMER GENTRY VICE PRESIDE 40.00 X 375894 0 65469 RUSSELL TURNER VICE PRESIDE 40.00 X 353750 0 78817 DAVID REVILL VICE PRESIDE 40.00 X 364738 0 60170 LAURA COAKLEY CONTROLLER 40.00 X 294712 0 73445 ROSEMARIE CAMPBELL DIRECTOR-HUM 40.00 X 248645 0 83943 MATTHEW GIBBONS DIRECTOR-AUD 40.00 X 249719 0 79148 GARY JENKINS VICE PRESIDE 40.00 X 243795 0 77615 MICHAEL MONTGOMERY DIRECTOR-ENE 40.00 X 243353 0 58178 RALEIGH NOBLES SENIOR VP 40.00 X 243854 0 56761 ANTHONY NORTON DIR., CHAIRM 3.84 X X 32882 0 0 LOU OBERSKI DIRECTOR 3.20 X 28130 0 0 HARRY PARK DIR., SEC/TR 2.20 X X 21770 0 0 MIKE MCDONALD DIRECTOR 2.16 X 21260 0 0 JERRY BOATWRIGHT DIRECTOR 3.17 X 19110 0 0 NEAL SHEPARD DIR, VICE CH 1.91 X X 19030 0 0 DONNIE CORDELL DIRECTOR 2.96 X 18980 0 0 MICHAEL GOODROE DIRECTOR 5.94 X 15860 0 0 SIMMIE KING DIRECTOR 2.63 X 15470 0 0 CHIP JAKINS DIRECTOR 1.86 X 14170 0 0 WAYNE LIVINGSTON DIRECTOR 3.16 X 11570 0 0 NEAL TRICE DIRECTOR 1.20 X 10660 0 0 JIM GOODRICH DIRECTOR 0.53 X 8500 0 0 GREG PROCTOR DIRECTOR 0.72 X 2600 0 0 LEWIS SHEFFIELD DIRECTOR 5.12 X 0 0 0 5404928 1144707 218 false true false EVERSHEDS SUTHERLAND US LLP 999 PEACHTREE STREET NE SUITE 2300 ATLANTA GA 30309 LEGAL 322289 RYAN TAYLOR 1899 MONTE VISTA ST FORT MYERS FL 33901 CONSULTING 184553 BOOT HOLDINGS 2022 LLC 597 BARNSLEY GARDENS ROAD ADAIRSVILLE GA 30103 CONFERENCES 161564 ACCENTURE LLP 500 W MADISON CHICAGO IL 60661 IT CONSULTING 159937 AUTRY HALL & COOK LLP 2100 E EXCHANGE PLACE STE 210 TUCKER GA 30084 LEGAL 159166 5 SYSTEM OPER REV - OPC/GTC 221000 61149379 61149379 SHARED SERVS - OPC/GTC 221000 30477010 30477010 OPER REV - OTHER MEMBERS 221000 254101 254101 SHARED SERVS - OTHER MEM 221000 166684 166684 92047174 261167 261167 92308341 92047174 261167 5218492 5218492 36842538 36842538 12667948 12667948 2906934 2906934 397407 397407 7206426 7206426 119646 119646 293709 293709 8361593 8361593 5182103 5182103 359866 359866 247151 247151 1709188 1709188 371673 371673 CORPORATE ALLOCATIONS 3918244 3918244 POWER PRODUCTION COSTS 3246316 3246316 INVESTMENT IN OUTSIDE ORG 1717290 1717290 EQUIPMENT PURCH. / RENTAL 1541817 1541817 92308341 92308341 0 0 5532979 6630238 3988437 5275306 6550730 5741374 30522147 17190864 11321684 13331283 6643321 6066208 34037151 37044409 12590405 16186824 12303696 10993252 8901030 9622313 33795131 36802389 X 205 205 241815 241815 242020 242020 34037151 37044409 X 0 X false true X true false 30522147 17190864 13331283 13331283 OTHER DEFERRED ASSETS 4338647 CONSTRUCTION WORK IN PROGRESS 1400855 SSIT EMC SERVICES PREPAID 186029 OTHER INVESTMENTS 140677 6066208 DEFERRED COMPENSATION 5124451 RIGHT-OF-USE LEASE OBLIGATION 4318757 SSIT EMC SERVICES 179105 9622313 61664647 61664647 30643694 30643694 92308341 61664647 61664647 30643694 30643694 92308341 SCHEDULE D, PAGE 4, PART XI, LINE 4B SHARED SERVICES 30,643,694 SCHEDULE D, PAGE 4, PART XII, LINE 4B SHARED SERVICES 30,643,694 X true true X X X X false true false false false false false false false GREGORY S FORD PRESIDENT & CEO 767686 34430 116714 32883 951713 JEFF THOMPSON VICE PRESIDENT 393835 74760 71628 46815 587038 NATHAN BROWN EXECUTIVE VP, COO 418815 44860 43500 34890 542065 JOHN G SWEENEY JR EXECUTIVE VP 410774 43753 51150 27815 533492 ALAN SIOBERG VICE PRESIDENT 335476 22087 43500 42266 443329 HOMER GENTRY VICE PRESIDENT 338307 37587 43500 21969 441363 RUSSELL TURNER VICE PRESIDENT 331163 22587 43500 35317 432567 DAVID REVILL VICE PRESIDENT 344723 20015 43500 16670 424908 LAURA COAKLEY CONTROLLER 233486 54191 7035 43500 29945 368157 ROSEMARIE CAMPBELL DIRECTOR-HUMAN RES. 202766 41856 4023 39735 44208 332588 MATTHEW GIBBONS DIRECTOR-AUDIT&CON. 209570 38459 1690 40031 39117 328867 GARY JENKINS VICE PRESIDENT 186820 45784 11191 35793 41822 321410 MICHAEL MONTGOMERY DIRECTOR-ENERGY MGT 192698 36369 14286 26302 31876 301531 RALEIGH NOBLES SENIOR VP 214088 15776 13990 46449 10312 300615 SCHEDULE J, PAGE 1, PART I, LINE 4 GREGORY S. FORD 0 78,714 0 JEFF THOMPSON 0 28,128 0 NATHAN BROWN 0 22,375 0 JOHN G. SWEENEY, JR. 0 9,364 0 ALAN SIOBERG 0 9,924 0 HOMER GENTRY 0 10,740 0 RUSSELL TURNER 0 8,787 0 DAVID REVILL 0 10,741 0 LAURA COAKLEY 0 2,192 0 FORM 990, PAGE 6, PART VI, LINE 4 THE CORPORATION'S BYLAWS WERE AMENDED EFFECTIVE MARCH 25, 2024. THE AMENDED BYLAWS ARE ATTACHED TO THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 6 GEORGIA SYSTEM OPERATIONS CORPORATION (GSOC) IS A TAX EXEMPT 501(C)(4) ENTITY WHOSE MEMBERSHIP CONSISTS OF 39 EMC'S IN THE STATE OF GEORGIA, OGLETHORPE POWER CORPORATION(A GEORGIA ELECTRIC MEMBERSHIP CORPORATION NOT-FOR-PROFIT COOPERATIVE) AND GEORGIA TRANSMISSION CORPORATION (A TAX EXEMPT 501(C)(12) CORPORATION). FORM 990, PAGE 6, PART VI, LINE 7A THE CORPORATION HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED BY ITS BYLAWS. 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. FORM 990, PAGE 6, PART VI, LINE 11B THE RETURN IS PREPARED EXTERNALLY BY A CPA AND WILL BE REVIEWED INTERNALLY BY THE CONTROLLER WHO IS ALSO A CPA. ONCE THE INTERNAL REVIEW IS COMPLETED, THE RETURN WILL THEN BE GIVEN TO THE GOVERNING BODY FOR REVIEW BEFORE THE RETURN IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C GEORGIA SYSTEM OPERATIONS CORPORATION MAINTAINS A CORPORATE POLICY THAT PROVIDES GUIDELINES AND STANDARDS TO EMPLOYEES AND BOARD MEMBERS OF GSOC TO AVOID CONFLICTS OF INTEREST OR THE APPEARANCE OF CONFLICTS OF INTEREST, SO THAT THE AFFAIRS OF GSOC 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 FORM THAT THEY HAVE RECEIVED AND UNDERSTAND THE POLICY. THE DIRECTORS, OFFICERS AND ALL COMPANY EMPLOYEES ARE ASKED TO REVIEW THE POLICY ON AN ANNUAL BASIS AND TO SUBMIT CONFIRMATION THAT THE POLICY HAS BEEN UPDATED AND REVIEWED ANNUALLY. TO ENSURE CONTINUED COMPLIANCE WITH THIS POLICY, GSOC'S INTERNAL AUDIT GROUP CONDUCTS REGULAR AUDITS AND COORDINATES INFORMATION DISCLOSURE TO EMPLOYEES AND BOARD MEMBERS REQUIRING THESE INDIVIDUALS TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST. THE INTERNAL AUDIT GROUP REPORTS SUCH AUDIT FINDINGS TO THE AUDIT COMMITTEE ON AN ANNUAL BASIS. THE CONFLICT OF INTEREST POLICY IN INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15A GEORGIA SYSTEM OPERATIONS CORPORATION HAS A COMPENSATION COMMITTEE THAT IS A SUBSET OF THE BOARD OF DIRECTORS. GSOC'S CEO 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 APROVAL. FORM 990, PAGE 6, PART VI, LINE 15B GEORGIA SYSTEM OPERATIONS CORPORATION HAS A COMPENSATION COMMITTEE THAT IS A SUBSET OF THE BOARD OF DIRECTORS. GSOC'S OFFICERS' SALARIES ARE MARKET REVIEWED ANNUALLY AND SUBMITTED BY HUMAN RESOURCES TO THE COMMITTEE FOR APPROVAL. THE COMMITTEE WOULD THEN PRESENT THE SALARY INCREASE RECOMMENDATIONS TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL. FORM 990, PAGE 6, PART VI, LINE 19 GEORGIA SYSTEM OPERATIONS CORPORATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON THE INTERCOMPANY RETRIEVAL SYSTEM AND ARE AVAILABLE UPON REQUEST BY THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9 SHARED SERVICES -30,643,694 SHARED SERVICES 30,643,694 GEORGIA NETWORK OPERATIONS COMPANY 2100 E EXCHANGE PLACE TUCKER GA 30084 821555793 COMM. GA N/A true false false false false false false false false false false false false false false true false false false true GNOC O 18000 FMV GNOC S 118997 FMV SCHEDULE R IN 2017, GSOC CREATED A WHOLLY-OWNED SUBSIDIARY, GEORGIA NETWORK OPERATIONS COMPANY, LLC (GNOC) TO SERVE AS A COMPETITIVE LOCAL EXCHANGE CARRIER AND INTEREXCHANGE PROVIDER. GNOC PROVIDES A MECHANISM FOR MEMBERS AND THIRD PARTIES TO USE GSOC AND GTC FIBER NETWORK CAPACITY IN EXCHANGE FOR RIGHTS OF USE IN THE MEMBERS AND THIRD PARTYS FIBER NETWORK SYSTEMS OR OTHER CONSIDERATION. GNOC REMITS 10%-15% TO GSOC RELATED TO THESE NEGOTIATED SERVICE AGREEMENTS WITH THIRD PARTIES. THE AMOUNT REMITTED TO GSOC TOTALED 118,997 IN 2023. SINCE GNOC HAS NO EMPLOYEES, GNOC HAS A MANAGEMENT AGREEMENT WITH GSOC. GNOC PAID GSOC 18,000 IN MANAGEMENT FEES IN 2023.