CENTRAL GEORGIA ELECTRIC MEMBERSHIP CORP: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- CENTRAL GEORGIA ELECTRIC MEMBERSHIP CORP (EIN 58-0187885)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-12-27
- IRS object ID
- 202330129349301223
- Schema version
- 2021v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-12-27T13:22:26-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 581094351 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX ONE | AddressLine1Txt |
| City | MACON | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 312020001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580187885 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CENTRAL GEORGIA ELECTRIC MEMBERSHIP | BusinessNameLine1Txt |
| Business Name Line2 | CORPORATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CENT | BusinessNameControlTxt |
| Phone | 7707757857 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 923 S MULBERRY STREET | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 302332329 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GEORGE L WEAVER | PersonNm |
| Person Title | PRESIDENT/ CEO | PersonTitleTxt |
| Phone | 7705047836 | PhoneNum |
| Signature | 2022-12-27 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GEORGE | PersonFirstNm |
| Person Last | WEAVER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | H TERRELL MCMICHAEL JR | PreparerPersonNm |
| PTIN | P01259982 | PTIN |
| Phone | 4787466277 | PhoneNum |
| Preparation | 2022-12-27 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ATTN PHYLLIS REDD | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GEORGE L WEAVER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 923 S MULBERRY ST | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30233 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $133,038,791 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.CGEMC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1937 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WIHTHIN THE SYSTEM'S AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 117 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $123,616,594 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $132,810,331 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,632,850 | PYInvestmentIncomeAmt |
| CY Investment Income | $414,216 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$226,342 | PYOtherRevenueAmt |
| CY Other Revenue | -$185,756 | CYOtherRevenueAmt |
| PY Total Revenue | $125,023,102 | PYTotalRevenueAmt |
| CY Total Revenue | $133,038,791 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $10,665,815 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $3,448,473 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $800,993 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $897,626 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $113,556,294 | PYOtherExpensesAmt |
| CY Other Expenses | $128,692,692 | CYOtherExpensesAmt |
| PY Total Expenses | $125,023,102 | PYTotalExpensesAmt |
| CY Total Expenses | $133,038,791 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $291,824,481 | TotalAssetsBOYAmt |
| Total Assets EOY | $317,408,713 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $198,189,840 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $219,622,458 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $93,634,641 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $97,786,255 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WIHTHIN THE SYSTEM'S AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | N/A | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | N/A | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 39 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 117 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $131,566,893 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $785,179 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CENTRAL GEORGIA EMC | BusinessNameLine1Txt |
| Business Name Line2 | CENTRAL GEORGIA EMC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7707757857 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 923 SOUTH MULBERRY STREET | AddressLine1Txt |
| Address Line2 | 923 SOUTH MULBERRY STREE | AddressLine2Txt |
| City | JACKSON | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30233 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Key EmployeeKeyEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| GEORGE L WEAVER | |||||||||
| PRESIDENT/ C | 60.00 | Yes (X) | $533,117 | $0 | $115,693 | ||||
| BEN THOMASON | |||||||||
| COO | 60.00 | $354,003 | $0 | $80,421 | Yes (X) | ||||
| JOHN HARKNESS | |||||||||
| SVP OF DIS. | 60.00 | $272,326 | $0 | $70,752 | Yes (X) | ||||
| RHEE IVEY | |||||||||
| SVP OF CORPO | 60.00 | $241,549 | $0 | $66,409 | Yes (X) | ||||
| HERSCHEL ARANT | |||||||||
| SVP OF ENERG | 60.00 | $227,796 | $0 | $70,081 | Yes (X) | ||||
| JEFFREY GREESON | |||||||||
| VP OF IT | 60.00 | $216,273 | $0 | $78,109 | Yes (X) | ||||
| BLAKE HOLMES | |||||||||
| VP OF ASSET | 60.00 | $203,767 | $0 | $62,117 | Yes (X) | ||||
| CHUCK GRIGGERS | |||||||||
| DIR. OF ACCT | 60.00 | $154,993 | $0 | $52,886 | Yes (X) | ||||
| ARTHUR WHITE JR | |||||||||
| CHAIRMAN | 2.00 | Yes (X) | $33,000 | $0 | $0 | Yes (X) | |||
| DA ROBINSON III | |||||||||
| SEC - TREAS | 2.00 | Yes (X) | $32,700 | $0 | $0 | Yes (X) | |||
| DANIEL T HAMIL | |||||||||
| DIRECTOR | 2.00 | $31,050 | $0 | $0 | Yes (X) | ||||
| ROD MANGHAM | |||||||||
| DIRECTOR | 2.00 | $30,900 | $0 | $0 | Yes (X) | ||||
| PHILLIP B HAM JR | |||||||||
| DIRECTOR | 2.00 | $30,750 | $0 | $0 | Yes (X) | ||||
| LINDA H JORDAN | |||||||||
| ASST SEC-TRE | 2.00 | Yes (X) | $30,600 | $0 | $0 | Yes (X) | |||
| J EVERETT WILLIAMS | |||||||||
| DIRECTOR | 2.00 | $30,125 | $0 | $0 | Yes (X) | ||||
| WARREN E HOLDER | |||||||||
| VICE CHAIRMA | 2.00 | Yes (X) | $27,900 | $0 | $0 | Yes (X) | |||
| JOHN O COLWELL | |||||||||
| FORMER DIREC | 2.00 | $12,614 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,463,463 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $596,468 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 33 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| VOLT POWER | |||||
| 2910 HWY 31 NW | HARTSELLE | AL | 35640 | UTILITY CONST. | $1,928,431 |
| CAPPSTONE ENERGY GROUP LLC | |||||
| 10195 DEARING ST SE STE B | COVINGTON | GA | 30014 | ENGINEERING CON | $1,316,111 |
| MID GEORGIA PROPERTY ENHANCEMENTS | |||||
| PO BOX 322 | SMARR | GA | 31086 | ROW CONTRACTOR | $819,480 |
| CONEXON LLC | |||||
| 2001 GRAND BLVD SUITE 700 | KANSAS CITY | MO | 64108 | BROADBAND CONST | $551,104 |
| ONE VISION UTILITY SERVICES LLC | |||||
| 3175 CORNERS NORTH CT | PEACHTREE CORNERS | GA | 30071 | LOCATING SERVIC | $361,378 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| ELECTRIC REVENUE | 221000 | $128,543,110 | $128,543,110 | |
| G&T CAPITAL CREDITS | 221000 | $2,083,676 | $2,083,676 | |
| POLE RENTAL | 221000 | $1,691,315 | $1,691,315 | |
| OTHER CAPITAL CREDITS | 221000 | $492,230 | $492,230 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $132,810,331 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $414,216 | TotalRevenueColumnAmt |
| Exclusion | $414,216 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| CENTEC LOSS/PROFIT | -$39,826 | -$39,826 |
| CENNAT LOSS/PROFIT | -$145,930 | -$145,930 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$185,756 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $133,038,791 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $130,933,260 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $2,105,531 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,448,473 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $885,012 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,614 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,179,431 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,364,722 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PURCHASED POWER | $96,516,784 |
| DISTRIBUTION MAINTENANCE | $6,203,980 |
| DISTRIBUTION OPERATIONS | $4,036,990 |
| CONSUMER ACCOUNTS | $3,346,413 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,044,372 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,038,791 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,637,462 | BOYAmt |
| EOY | $750,214 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,607,000 | BOYAmt |
| EOY | $9,407,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,007,197 | BOYAmt |
| EOY | $11,860,422 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,572,583 | BOYAmt |
| EOY | $5,077,034 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,107,084 | BOYAmt |
| EOY | $5,075,335 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $299,304,489 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $64,121,626 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $216,387,265 | BOYAmt |
| EOY | $235,182,863 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,460,219 | BOYAmt |
| EOY | $50,010,944 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,671 | BOYAmt |
| EOY | $44,901 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $291,824,481 | BOYAmt |
| EOY | $317,408,713 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,829,458 | BOYAmt |
| EOY | $20,922,417 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,128,000 | BOYAmt |
| EOY | $11,725,002 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $157,869,829 | BOYAmt |
| EOY | $157,691,486 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,362,553 | BOYAmt |
| EOY | $29,283,553 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $198,189,840 | BOYAmt |
| EOY | $219,622,458 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $251,585 | BOYAmt |
| EOY | $258,990 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,383,056 | BOYAmt |
| EOY | $97,527,265 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,634,641 | BOYAmt |
| EOY | $97,786,255 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $291,824,481 | BOYAmt |
| EOY | $317,408,713 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $4,151,614 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $568,984 | OtherCostOrOtherBasisAmt |
| Book Value | $568,984 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $298,735,505 | OtherCostOrOtherBasisAmt |
| Depreciation | $64,121,626 | DepreciationAmt |
| Book Value | $234,613,879 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $235,182,863 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENT IN ASSOC ORG | $45,538,233 | C |
| OTHER INVESTMENTS | $2,183,678 | C |
| DEFERRED COMPENSATION ASSETS | $1,348,924 | F |
| INVESTMENT IN CTC'S - CFC | $940,109 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $50,010,944 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| NOTES PAY - SHRT TRM LOAN CFC | $24,950,000 |
| DEF CREDITS - UNDELIVER C C REF | $2,752,983 |
| DEFERRED COMPENSATION | $1,348,925 |
| GTC CHARGE - CITY OF HAMPTON | $150,425 |
| CONSUMER ADDITIONAL SERVICES | $81,220 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $29,283,553 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $133,038,791 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $133,038,791 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $133,038,791 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $139,890,262 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $6,851,471 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $6,851,471 | ExpensesNotReportedAmt |
| Expenses Subtotal | $133,038,791 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $133,038,791 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 4, PART XII, LINE 2D | DEFERRED REVENUE RECOGNITION (ASC 980) 3,402,998 PATRONAGE CAPITAL CREDITS 3,448,473 |
| SCHEDULE D, PAGE 4, PART XIII | THE CORPORATION'S FISCAL YEAR IS DECEMBER 31. THE CORPORATION'S FINANCIAL STATEMENTS WERE AUDITED AS OF DECEMBER 31, 2021 AND 2020. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| GEORGE L WEAVER | |||||
| PRESIDENT/ CEO | $395,821 | $137,296 | $104,867 | $10,826 | $648,810 |
| BEN THOMASON | |||||
| COO | $261,685 | $92,318 | $72,160 | $8,261 | $434,424 |
| JOHN HARKNESS | |||||
| SVP OF DIS. SERVICES | $226,554 | $45,772 | $62,491 | $8,261 | $343,078 |
| RHEE IVEY | |||||
| SVP OF CORPORATE SER | $221,207 | $20,342 | $58,148 | $8,261 | $307,958 |
| HERSCHEL ARANT | |||||
| SVP OF ENERGY & EXT. | $225,570 | $2,226 | $61,820 | $8,261 | $297,877 |
| JEFFREY GREESON | |||||
| VP OF IT | $203,794 | $12,479 | $58,190 | $19,919 | $294,382 |
| BLAKE HOLMES | |||||
| VP OF ASSET MGMT | $197,793 | $5,974 | $53,856 | $8,261 | $265,884 |
| CHUCK GRIGGERS | |||||
| DIR. OF ACCT-RETIRED | $139,424 | $15,569 | $43,925 | $8,961 | $207,879 |
| JOHN O COLWELL | |||||
| FORMER DIRECTOR | $12,614 | $12,614 | |||
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PAGE 1, PART I, LINE 4 | FormAndLineReferenceDesc |
| Explanation | GEORGE L. WEAVER 0 83,443 0 | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 1, ITEM B | TO AMEND AND APPROPRIATELY CHARACTERIZE COMPENSATION REPORTED ON THE FORM 990 AND ASSOCIATED SCHEDULES. |
| FORM 990, PAGE 2, PART III, LINE 4D | N/A |
| 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 PRO VIDED 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 IS INCLUDED AS PART OF THIS RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANC E WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS POLICY WHI CH IS INCLUDED AS A PART OF THIS RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 15A | PRESIDENT COMPENSATION IS REVIEWED AND APPROVED AS PROVIDED FOR IN THE COO PERATIVE'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 POLICY, AND FINANCI AL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 9 90 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18. |
| FORM 990, PART XI, LINE 9 | PATRONAGE CAPITAL 6,851,471 MEMBERSHIP FEES 7,405 PATRONAGE CAPITAL RETIREMENTS -2,399,348 OTHER EQUITIES -307,914 TOTAL 4,151,614 |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CENTEC INC | ||||||||||||
| 923 S MULBERRY STREET | JACKSON | GA | 30233 | 582261707 | ENERGY & T | GA | CGEMC | C CORP | -$39,826 | $46,305 | 1.00000 | false |
| CENNAT INC | ||||||||||||
| 923 S MULBERRY STREET | JACKSON | GA | 30233 | 843437037 | GAS MARKET | GA | CGEMC | C CORP | -$145,929 | $498,085 | 1.00000 | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CENTEC INC | ||
| O | $53,133 | ALLOCATED BENEFITS/LABOR |
| CENNAT INC | ||
| O | $74,294 | ALLOCATED BENEFITS/LABOR |
| CENNAT INC | ||
| Q | $44,560 | ALLOCATED EXPENSES |