STRATEGY STUDIO / PUBLIC DATA EXPLORER

SATILLA RURAL ELECTRIC MEMBERSHIP CORP: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
SATILLA RURAL ELECTRIC MEMBERSHIP CORP (EIN 58-0417350)
Tax period
2023-01-01 to 2023-12-31
Filed
2025-04-28
IRS object ID
202521189349301652
Schema version
2023v6.0
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

FieldValueIRS element (for citing)
Return2025-04-28T10:00:16-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN582475857PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1NICHOLS CAULEY & ASSOCIATES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1400 CORDER ROADAddressLine1Txt
CityWARNER ROBINSCityNm
State AbbreviationGAStateAbbreviationCd
ZIP310887166ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN580417350EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE SATILLA RURAL ELECTRICBusinessNameLine1Txt
Business Name Line2MEMBERSHIP CORPORATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSATIBusinessNameControlTxt
Phone9126327222PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 906AddressLine1Txt
CityAlmaCityNm
State AbbreviationGAStateAbbreviationCd
ZIP315101006ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROMEO REYESPersonNm
Person TitlePRESIDENT/CEOPersonTitleTxt
Phone9126327222PhoneNum
Signature2025-04-25SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCAL BRANTLEY CPAPreparerPersonNm
PTINP00636393PTIN
Phone4789293888PhoneNum
Preparation2025-04-24PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROMEO REYESPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1928 HIGHWAY 32 EASTAddressLine1Txt
CityALMACityNm
State AbbreviationGAStateAbbreviationCd
ZIP31510ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$141,104,659GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website Addresswww.satillaemc.comWebsiteAddressTxt
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Formation1937FormationYr
Legal Domicile StateGALegalDomicileStateCd
Activity Or MissionTO BE RECOGNIZED AS A COMPANY HAVING THE POWER TO MEET THE CHANGING NEEDS AND DEMANDS OF OUR CUSTOMERS BY PROVIDING SUPERIOR ENERGY AND NON-ENERGY RELATED PRODUCTS AND SERVICES.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee173TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$137,712,945PYProgramServiceRevenueAmt
CY Program Service Revenue$135,300,856CYProgramServiceRevenueAmt
PY Investment Income$586,950PYInvestmentIncomeAmt
CY Investment Income$529,760CYInvestmentIncomeAmt
PY Other Revenue$2,669,210PYOtherRevenueAmt
CY Other Revenue$5,252,413CYOtherRevenueAmt
PY Total Revenue$140,969,105PYTotalRevenueAmt
CY Total Revenue$141,083,029CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$3,972,765PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$11,287,366CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,080,655PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,073,464CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$134,915,685PYOtherExpensesAmt
CY Other Expenses$127,722,199CYOtherExpensesAmt
PY Total Expenses$140,969,105PYTotalExpensesAmt
CY Total Expenses$141,083,029CYTotalExpensesAmt
PY Revenues Less Expenses$0PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$0CYRevenuesLessExpensesAmt
Total Assets BOY$349,753,639TotalAssetsBOYAmt
Total Assets EOY$390,356,814TotalAssetsEOYAmt
Total Liabilities BOY$213,963,754TotalLiabilitiesBOYAmt
Total Liabilities EOY$255,109,601TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$135,789,885NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$135,247,213NetAssetsOrFundBalancesEOYAmt
MissionTO BE RECOGNIZED AS A COMPANY HAVING THE POWER TO MEET THE CHANGING NEEDS AND DEMANDS OF OUR CUSTOMERS BY PROVIDING SUPERIOR ENERGY AND NON-ENERGY RELATED PRODUCTS AND SERVICES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$141,083,029ExpenseAmt
DescTO FURNISH OUR MEMBERS WITH DEPENDABLE ELECTRIC SERVICE AT THE LOWEST COST POSSIBLE.Desc
Total Program Service Expenses$141,083,029TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document168IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee173EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Members And Shr Gross Income$129,674,348MembersAndShrGrossIncomeAmt
Other Sources Gross Income$5,782,173OtherSourcesGrossIncomeAmt
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJENNIFER GAINEY DIR OF ADMINISTRATPersonNm
Phone9126323426PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1928 GA HWY 32 EASTAddressLine1Txt
CityALMACityNm
State AbbreviationGAStateAbbreviationCd
ZIP31510ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
THOMAS J MORRIS
DIRECTOR/VICE-CHAIRMAN1.00Yes (X)Yes (X)$12,818$0$0
JAMES W WATERS
DIRECTOR/TREASURER1.00Yes (X)Yes (X)$11,918$0$0
RL LEWIS JR
DIRECTOR/CHAIRMAN2.00Yes (X)Yes (X)$19,887$0$02.00
DAVID H BENNETT JR
DIRECTOR1.00Yes (X)$18,587$0$0
SCOTT DAY
DIRECTOR1.00Yes (X)$10,618$0$0
JERRY BOATRIGHT
DIRECTOR/SECRETARY1.00Yes (X)Yes (X)$12,818$0$0
HUGH L BRANTLEY
DIRECTOR2.00Yes (X)$14,618$0$02.00
J MATT BENNETT
DIRECTOR2.00Yes (X)$11,918$0$0
ROMEO A REYES
PRESIDENT/CEO40.00Yes (X)$307,668$0$100,223
JENNIFER LYNN GAINEY
DIRECTOR, ADMIN SERVICES40.00Yes (X)$193,103$0$75,475
SAMUEL L BOATRIGHT
DIRECTOR, LINE SERVICES40.00$153,902$0$64,584Yes (X)
ROBERT K BENNETT JR
DIRECTOR OF DISTRIBUTION S40.00$200,460$0$72,846Yes (X)
James Tucker Jr
Director of Customer Servi40.00$194,990$0$76,083Yes (X)
JOHN R SWEAT
DIRECTOR, SYSTEM SERVICES40.00$183,004$0$70,082Yes (X)
EARL B WILLIAMS
IT MANAGER40.00$195,125$0$72,737Yes (X)
KEVIN D PEACOCK
AMI MANAGER40.00$152,930$0$67,636Yes (X)
LONNY WHITLEY
SYSTEM SUPPORT MANAGER40.00$168,450$0$68,116Yes (X)
DAVID WALKER
ENGINEERING MANAGER40.00$155,795$0$69,095Yes (X)
BRIAN SCOTT MIKELL
LINE FOREMAN40.00$211,244$0$64,430Yes (X)
CHRISTIE R MAUFFRAY
ACCT & FINANCE MGR40.00$178,015$0$73,952Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,407,868TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$875,259TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K52IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
PIKE ENTERPRISES LLC
PO BOX 746308ATLANTAGA303746308LINE MAINTENANCE$14,602,023
BIGHAM CABLE CONSTRUCTION
3171 GULF BREEZE PARKWAYGULF BREEZEFL32563FIBER NETWORK CONSTRUCTION$10,762,691
CONEXON LLC
2001 GRAND BLVD STE 700KANSAS CITYMO64108FIBER NETWORK CONSTRUCTION$5,605,555
BENTON TECHNICAL SERVICES
PO BOX 874654KANSAS CITYMO64187fIBER NETWORK CONSTRUCTION$2,543,691
ASPLUNDH TREE EXPERT CO
PO BOX 827464PHILADELPHIAPA19182LINE MAINTENANCE$1,874,139
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K9CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
SALE OF ELECTRICITY221000$129,674,348$129,674,348
ELECTRIC SYSTEM ACCESS REVENUE221000$4,446,161$4,446,161
POLE RENTAL221000$1,180,347$1,180,347
FieldValueIRS element (for citing)
Total Program Service Revenue$135,300,856TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$318,391TotalRevenueColumnAmt
Exclusion$318,391ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$683,930TotalRevenueColumnAmt
Related Or Exempt Func Income$683,930RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$232,999OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$21,630OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$211,369OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$211,369TotalRevenueColumnAmt
Related Or Exempt Func Income$211,369RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CAPITAL CREDIT ALLOCATIONS221000$4,526,459$4,526,459
OTHER221000$42,024$42,024
FieldValueIRS element (for citing)
Other Revenue Total$4,568,483OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$141,083,029TotalRevenueColumnAmt
Related Or Exempt Func Income$130,611,671RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$10,471,358ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$11,287,366TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,073,464TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$9,111,910TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$10,183,221TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
COST OF PURCHASED POWER$80,451,094
DISTR EXP - MAINTENANCE$12,005,606
DISTR EXP - OPERATIONS$6,902,642
CONSUMER ACCOUNTS EXPEN$5,642,424

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,425,302TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$141,083,029TotalAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$22,259,541BOYAmt
EOY$9,423,618EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,826,702BOYAmt
EOY$5,946,744EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$13,624,823BOYAmt
EOY$13,254,079EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,068,731BOYAmt
EOY$2,467,262EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$355,910,349LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$55,174,350LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$239,924,615BOYAmt
EOY$300,735,999EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$45,734,671BOYAmt
EOY$49,503,330EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$20,314,556BOYAmt
EOY$9,025,782EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$349,753,639BOYAmt
EOY$390,356,814EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$17,499,118BOYAmt
EOY$15,786,040EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$174,939,781BOYAmt
EOY$216,983,110EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$21,524,855BOYAmt
EOY$22,340,451EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$213,963,754BOYAmt
EOY$255,109,601EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$135,789,885BOYAmt
EOY$135,247,213EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$135,789,885BOYAmt
EOY$135,247,213EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$349,753,639BOYAmt
EOY$390,356,814EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$0ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$542,672OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$404,405OtherCostOrOtherBasisAmt
Book Value$404,405BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$355,505,944OtherCostOrOtherBasisAmt
Depreciation$55,174,350DepreciationAmt
Book Value$300,331,594BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$300,735,999TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (11 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INVESTMENTS - OTHER ASSOCIATED ORGANIZATIONS$1,700,135C
PATRONAGE CAPITAL - OPC$30,620,081C
PATRONAGE CAPITAL - GTC$8,975,553C
PATRONAGE CAPITAL - GSOC$7,024C
PATRONAGE CAPITAL - NRUCFC$2,320,494C
PATRONAGE CAPITAL - SMARR$805,799C
PATRONAGE CAPITAL - GRESCO$2,927,679C
PATRONAGE CAPITAL - COBANK$1,079,173C
PATRONAGE CAPITAL - MERIDIAN$428,290C
PATRONAGE CAPITAL - FEDERATED$637,606C
PATRONAGE CAPITAL - NRTC$1,496C
FieldValueIRS element (for citing)
Total Book Value Program Rltd$49,503,330TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
CUSTOMER DEPOSITS$2,134,178
ACCRUED POSTRETIREMENT BENEFITS$14,016,329
DEFERRED CREDITS$788,755
OTHER CURRENT/ACCRUED EXPENSES$5,401,189
FieldValueIRS element (for citing)
Total Liability$22,340,451TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$140,296,884TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$140,296,884RevenueSubtotalAmt
Other Revenues Not Included$786,145OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$786,145RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$141,083,029TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$129,009,518TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$129,009,518ExpensesSubtotalAmt
Other Expenses Not Included$12,073,511OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$12,073,511ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$141,083,029TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part X, Line 2:THE CORPORATION OPERATES UNDER THE INTERNAL REVENUE CODE, SECTION 501(C)(12), AS A TAX-EXEMPT COOPERATIVE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS. THE CORPORATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
Part XI, Line 4b - Other Adjustments:POSTRETIREMENT BENEFITS EXPENSE NETTED AGAINST NONOPERATING MARGINS IN FS 786,145.
Part XII, Line 4b - Other Adjustments:PATRONAGE CAPITAL ALLOCATED TO MEMBERS 11,287,366. POSTRETIREMENT BENEFITS EXPENSE NETTED AGAINST NONOPERATING MARGINS IN FS 786,145.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ROMEO A REYES
PRESIDENT/CEO$295,025$0$12,643$0$0$0$63,352$0$36,871$0$407,891$0$0$0
BRIAN SCOTT MIKELL
LINE FOREMAN$206,777$0$4,467$0$0$0$27,559$0$36,871$0$275,674$0$0$0
ROBERT K BENNETT JR
DIRECTOR OF DISTRIBUTION S$192,476$0$7,984$0$0$0$40,169$0$32,677$0$273,306$0$0$0
James Tucker Jr
Director of Customer Servi$187,006$0$7,984$0$0$0$40,062$0$36,021$0$271,073$0$0$0
JENNIFER LYNN GAINEY
DIRECTOR, ADMIN SERVICES$185,119$0$7,984$0$0$0$39,054$0$36,421$0$268,578$0$0$0
EARL B WILLIAMS
IT MANAGER$187,141$0$7,984$0$0$0$38,932$0$33,805$0$267,862$0$0$0
JOHN R SWEAT
DIRECTOR, SYSTEM SERVICES$175,565$0$7,439$0$0$0$36,277$0$33,805$0$253,086$0$0$0
CHRISTIE R MAUFFRAY
ACCT & FINANCE MGR$170,617$0$7,398$0$0$0$37,081$0$36,871$0$251,967$0$0$0
LONNY WHITLEY
SYSTEM SUPPORT MANAGER$161,614$0$6,836$0$0$0$34,311$0$33,805$0$236,566$0$0$0
DAVID WALKER
ENGINEERING MANAGER$149,151$0$6,644$0$0$0$32,224$0$36,871$0$224,890$0$0$0
KEVIN D PEACOCK
AMI MANAGER$146,555$0$6,375$0$0$0$31,115$0$36,521$0$220,566$0$0$0
SAMUEL L BOATRIGHT
DIRECTOR, LINE SERVICES$147,558$0$6,344$0$0$0$30,779$0$33,805$0$218,486$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 21. BOARD MEMBER DAVID H. BENNETT, JR. HAS A CERTIFIED PUBLIC ACCOUNTING FIRM AND THIS FIRM PREPARES TAX RETURNS FOR OTHER BOARD MEMBERS. 2. BOARD MEMBER JAMES W. WATERS IS A MINORITY SHAREHOLDER OF FIRST SOUTHERN BANK, AND FIRST SOUTHERN BANK SERVES AS A DEPOSITORY INSTITUTION FOR THE CORPORATION. 3. BOARD MEMBER JERRY BOATRIGHT IS THE FATHER OF SAMMY BOATRIGHT, DIRECTOR OF LINE SERVICES. 4. CERTAIN BOARD MEMBERS ALSO SERVE ON THE BOARD OF DIRECTORS FOR CERTAIN PROGRAM RELATED ORGANIZATIONS, SUCH AS OGLETHORPE POWER CORPORATION, GEORGIA TRANSMISSION CORPORATION AND GEORGIA SYSTEMS OPERATIONS CORPORATIONS. THESE BOARD MEMBERS MAY RECEIVE COMPENSATION FOR THEIR SERVICES DIRECTLY FROM THESE RELATED ORGANIZATIONS.
Form 990, Part VI, Section A, line 6INDIVIDUALS AND ENTITIES REQUESTING SERVICE ARE REQUIRED TO PAY A ONE-TIME MEMBERSHIP FEE.
Form 990, Part VI, Section A, line 7aTHE CORPORATION HAS EIGHT MEMBERS OF ITS BOARD OF DIRECTORS. A BOARD ELECTION IS HELD ANNUALLY IN CONJUNCTION WITH THE CORPORATION'S ANNUAL MEMBER MEETING. THE MEMBERS ARE THE ONLY ONES ALLOWED TO VOTE IN THE ANNUAL ELECTION OF BOARD MEMBERS.
Form 990, Part VI, Section A, line 7bCERTAIN DECISIONS, SUCH AS CHANGES TO THE CORPORATION'S CORPORATE BY-LAWS, MUST BE PRESENTED TO AND APPROVED BY THE MEMBERS. GENERALLY, SUCH CHANGES, IF ANY, ARE PRESENTED AT THE CORPORATION'S ANNUAL MEMBER MEETING.
Form 990, Part VI, Section B, line 11bFORM 990 WAS REVIEWED AT REGULAR SCHEDULED BOARD MEETING WITH THE BOARD OF DIRECTORS BY MANAGEMENT PRIOR TO THE RETURN BEING FILED.
Form 990, Part VI, Section B, line 12cAN ANNUAL DISCLOSURE OF ANY CONFLICTS OF INTEREST IS REQUIRED BY ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES, AND THE BOARD OF DIRECTORS REVIEWS THE DISCLOSURES.
Form 990, Part VI, Section B, line 15COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS BASED ON A PAY MATRIX ESTABLISHED FOR THE POSITION.
Form 990, Part VI, Section C, line 18A NOTICE IS POSTED IN THE LOBBY.
Form 990, Part VI, Section C, line 19A NOTICE IS POSTED IN THE LOBBY.
Form 990, Part IX, line 24eADMINISTRATIVE AND GENERAL EXPENSES 2,547,208. OTHER POSTRETIREMENT BENEFITS 786,146. OTHER DEDUCTIONS 91,948.
Form 990, Part XI, line 9:INCREASE IN MEMBERSHIPS 1,585. OTHER COMPREHENSIVE LOSS -9,673,996. RETIREMENT OF MEMBERS CAPITAL CREDITS -2,878,089. INCREASE IN GAINS FROM RETIRED CAPITAL CREDITS 992,231. PATRONAGE CAPITAL ALLOCATED TO MEMBERS 11,287,366. OTHER EQUITIES -271,769.
FORM 990 PART XII, LINE 2C EXPLANATIONTHE CORPORATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1SATILLA REMC FOUNDATION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1928 GEORGIA HIGHWAY 32 EASTAddressLine1Txt
CityALMACityNm
State AbbreviationGAStateAbbreviationCd
ZIP31510ZIPCd
FieldValueIRS element (for citing)
EIN582510297EIN
Primary ActivitiesSUPPORT OF LOCAL CHARITABLE ORGANIZATIONSPrimaryActivitiesTxt
Legal Domicile StateGALegalDomicileStateCd
Exempt Code Section501(c)(3)ExemptCodeSectionTxt
Public Charity StatusLine 7PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1SATILLA REMC FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeRTransactionTypeTxt
Involved$294,339InvolvedAmt
Method Of Amount DeterminationCASH TRANSFERRED TO FOUNDATIONMethodOfAmountDeterminationTxt