2023-04-20T10:02:24-04:00 2022-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2022-01-01 580456574 FLINT ELECTRIC MEMBERSHIP CORPORATION FLIN 4788473415 PO BOX 308 3 S MACON ST REYNOLDS GA 31076 JEREMY NELMS PRESIDENT/CEO 4788473415 2023-04-20 true JEREMY NELMS XXX-XX-XXXX false WILLIAM R ROUNTREE P01231836 4787466277 2023-04-20 2022 2023-04-26 12:10:37Z JEREMY NELMS PO BOX 308 REYNOLDS GA 31076 250834907 false X HTTP://WWW.FLINTENERGIES.COM/ X 1937 GA TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. 9 9 255 0 0 228610897 250062551 234961 772356 0 228845858 250834907 0 6806822 5460805 899641 769471 0 0 221139395 245260115 228845858 251490391 -655484 399054796 439600941 247388139 283971017 151666657 155629924 TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. false false TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. 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 false false false false false false false false false false true 71 0 true 255 true false false false false false 247511562 2978276 false false false X 9 9 false false false false true true true true true false false true true true true true true true true false GA X JOHN FYKE 4788475122 PO BOX 308 REYNOLDS GA 31076 X NEAL L TALTON CHAIRMAN 5.50 X X 39659 0 0 DAVID H CLEVELAND VICE CHAIRMA 4.25 X X 29819 0 0 JEFF WAINWRIGHT SECRETARY/TR 4.50 X X 27730 0 0 JANE PERFECT ASSISTANT SE 5.75 X X 20337 0 0 CLARENCE ROBINSON JR DIRECTOR 3.75 X 25773 0 0 DONALD CHASE DIRECTOR 4.00 X 30133 0 0 LEIGHTON COOLEY DIRECTOR 4.75 X 26714 0 0 ARTHUR HEAD DIRECTOR 5.50 X 32956 0 0 PATRICK J BRASKI DIRECTOR 5.00 X 26024 0 0 JEREMY NELMS PRESIDENT/CE 50.00 X 341153 0 169173 ANISSA DERIEUX DIR. CORP. I 50.00 X 275048 0 83901 WALKER FRICKS VP ENGINEERI 50.00 X 210624 0 64390 JIMMY BIGLER VP TECHNOLOG 50.00 X 185518 0 68962 LAQUITA MCCRARY VP CORP SERV 50.00 X 177351 0 46410 ROGIE ROBERSON VP MEMBER SO 50.00 X 165509 0 65338 1614348 498174 54 false true false CONEXON LLC 2001 GRAND BLVD SUITE 700 KANSAS CITY MO 64108 FIBER CONSTRUCT 970035 HARPER'S TREESTUMP REMOVAL 2798 SR 26 E ELLAVILLE GA 31806 RIGHT OF WAY 924756 CELLSITE SOLUTIONS LLC 4150 C STREET SW CEDAR RAPIDS IA 52404 COSTRUCTION 807487 ACE POLE ACQUISITION PO BOX 763 ALMA GA 31510 SUPPLIES 614471 C&S CLEANING LLC 105 WILLINGTON CT WARNER ROBINS GA 31088 CLEANING SERV. 169980 9 ELECTRIC REVENUE 221000 246954591 246954591 POLE RENTAL 221000 1454095 1454095 G & T CAPITAL CREDITS 930446 930446 OTHER CAPITAL CREDITS 723419 723419 250062551 772356 772356 250834907 249380812 1454095 5460805 769471 6357931 16241278 PURCHASED POWER 180075193 ADMIN. & GENERAL EXP. 10744845 DISTRIBUTION MAINTENANCE 10535635 DISTRIBUTION OPERATIONS 9259354 12045879 251490391 0 0 0 1755266 4594257 32028951 38153613 25672726 26962512 5061611 17312031 1129469 2806065 506114203 189861618 305137588 316252585 24971570 26358317 3297615 7161561 399054796 439600941 22067147 29849089 200960140 233150551 24360852 20971377 247388139 283971017 X 926988 946320 150739669 154683604 151666657 155629924 399054796 439600941 X -655484 4618751 X false true X true false 6339000 6339000 499775203 189861618 309913585 316252585 GTC 16306216 C NRUCFC 4959891 C GRESCO 3255368 C FEDERATED 698207 C SEDC 514086 C SMARR EMC 225967 C SPECIAL FUNDS 177355 C COBANK 139715 C GREEN POWER 42220 C CRC 27438 C NRTC 11854 C 26358317 CONTRIBUTIONS IN AID 7997867 CONSUMER DEPOSITS 7839098 REGULATORY LIABILITIES - ASC 980 3500000 OTHER 1016248 DEFERRED COMPENSATION 618164 20971377 253265833 2430926 2430926 250834907 250834907 246070996 246070996 5419395 5419395 251490391 SCHEDULE D, PAGE 4, PART XI, LINE 2D ASC 980 DEFERRED REVENUE TRANSACTIONS 3,045,000 ASU 2017-07 - RETIREMENT BENEFITS -614,074 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 4,805,321 ASU 2017-07 - RETIREMENT BENEFITS 614,074 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 CREDITORS, REGULATORS AND ITS MEMBER-OWNERS. X X X X false true false JEREMY NELMS PRESIDENT/CEO 319377 10479 11297 137310 31863 510326 ANISSA DERIEUX DIR. CORP. INITIATIV 263110 9862 2076 61147 22754 358949 WALKER FRICKS VP ENGINEERING & OPS 184837 6071 19716 42365 22025 275014 JIMMY BIGLER VP TECHNOLOGY 165896 5536 14086 38633 30329 254480 LAQUITA MCCRARY VP CORP SERVICES 154412 4910 18029 34521 11889 223761 ROGIE ROBERSON VP MEMBER SOLUTIONS 147913 4934 12662 34569 30769 230847 SCHEDULE J, PART III EXECUTIVE BENEFIT RESTORATION PLAN (EBR PLAN) THE CORPORATION HAS ESTABLISHED AN EXECUTIVE BENEFIT RESTORATION PLAN (EBR PLAN) UNDER IRC 457(F) FOR KEY MANAGEMENT AND HIGHLY COMPENSATED EMPLOYEES WHOSE BENEFITS UNDER THE CORPORATION'S MULTI-EMPLOYER PENSION PLAN (RS PLAN) ARE RESTRICTED BECAUSE OF MAXIMUM LIMITS ON BENEFITS OR COMPENSATION THAT MAY BE PROVIDED BY THE RS PLAN. JEREMY NELMS WAS THE SOLE PARTICIPANT IN THE EBR PLAN AS OF DECEMBER 31, 2022. THE ACTUARIALLY DETERMINED "SERVICE COST" COMPONENT OF CURRENT YEAR NET PERIODIC BENEFIT COST HAS BEEN INCLUDED IN COLUMN (C) OF MR. NELMS COMPENSATION BREAKDOWN IN SCHEDULE J. 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 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 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 WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM. FORM 990, PAGE 6, PART VI, LINE 12C THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE CORPORATION'S BOARD OF DIRECTORS AND COMPENSATION COMMITTEE THROUGH THE USE OF FORM 990 INFORMATION OF OTHER COOPERATIVES, A COMPENSATION SURVEY, AND A PERFORMANCE REVIEW. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED THROUGH THE USE OF FORM 990 INFORMATION OF OTHER COOPERATIVES, A COMPENSATION SURVEY, AND A PERFORMANCE REVIEW. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, 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 CHANGE IN MEMBERSHIP FEES 19,332 RETIRED CAPITAL CREDIT-GAINS 2,212,649 ASC 980 DEFERRED REVENUE RECOGNIZED 3,045,000 PATRONAGE CAPITAL ASSIGNED 5,460,805 OTHER COMPREHENSIVE INCOME 616,338 PATRONAGE CAPITAL RETIRED -6,251,879 DONATED CAPITAL -483,494 TOTAL 4,618,751