COBB ELECTRIC MEMBERSHIP CORPORATION: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- COBB ELECTRIC MEMBERSHIP CORPORATION (EIN 58-0198155)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-09-05
- IRS object ID
- 202322489349301557
- Schema version
- 2022v5.0
- 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 | 2023-09-05T13:47:33-04:00 | ReturnTs |
| Tax Period End | 2022-12-31 | 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 | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580198155 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COBB ELECTRIC MEMBERSHIP CORP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COBB | BusinessNameControlTxt |
| Phone | 7704292100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 369 | AddressLine1Txt |
| City | MARIETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 300610369 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHELLE FORTNER | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6783553005 | PhoneNum |
| Signature | 2023-09-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHELLE | PersonFirstNm |
| Person Last | FORTNER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM R ROUNTREE | PreparerPersonNm |
| PTIN | P01231836 | PTIN |
| Phone | 4787466277 | PhoneNum |
| Preparation | 2023-09-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ATTN MICHELLE FORTNER CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KEVAN ESPY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 EMC PARKWAY | AddressLine1Txt |
| City | MARIETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30060 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $472,050,608 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | HTTPS://WWW.COBBEMC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1938 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | OUR MISSION: RELIABLE, SAFE ELECTRICITY, RATE COMPETITIVE, ROBUST GOVERNANCE, RELEVANT SERVICES, RECOGNIZED EMPLOYER | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 428 | TotalEmployeeCnt |
| Total Gross UBI | $14,500 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $13,500 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $447,194,304 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $469,291,139 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,337,413 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,274,046 | CYInvestmentIncomeAmt |
| PY Other Revenue | $117,122 | PYOtherRevenueAmt |
| CY Other Revenue | $1,485,423 | CYOtherRevenueAmt |
| PY Total Revenue | $448,648,839 | PYTotalRevenueAmt |
| CY Total Revenue | $472,050,608 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $6,230,468 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,744,265 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,240,838 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $429,459,600 | PYOtherExpensesAmt |
| CY Other Expenses | $458,600,444 | CYOtherExpensesAmt |
| PY Total Expenses | $437,434,333 | PYTotalExpensesAmt |
| CY Total Expenses | $459,841,282 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $11,214,506 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,209,326 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,101,529,853 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,177,341,705 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $533,885,012 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $501,611,395 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $567,644,841 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $675,730,310 | NetAssetsOrFundBalancesEOYAmt |
| Mission | RELIABLE, SAFE ELECTRICITY, RATE COMPETITIVE, ROBUST GOVERNANCE, RELEVANT SERVICES, RECOGNIZED EMPLOYER | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | N/A | Desc |
| 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 | Yes (true) | 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 | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 165 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 428 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 | $457,674,221 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $67,329,559 | 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 | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHELLE FORTNER CFO | PersonNm |
| Phone | 7704292100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 EMC PARKWAY | AddressLine1Txt |
| City | MARIETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30060 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DAVID V TENNANT | ||||||||
| CHAIRMAN | 10.00 | 5.00 | Yes (X) | Yes (X) | $45,610 | $14,400 | $0 | |
| RUDY R UNDERWOOD | ||||||||
| VICE CHAIRMA | 7.00 | 5.00 | Yes (X) | Yes (X) | $32,187 | $13,800 | $0 | |
| WILLIAM C SHARP III | ||||||||
| SECRETARY/TR | 10.00 | 5.00 | Yes (X) | Yes (X) | $33,229 | $14,400 | $0 | |
| KELLY P BODNER | ||||||||
| DIRECTOR | 7.00 | Yes (X) | $37,687 | $0 | $0 | |||
| ERIC BROADWELL | ||||||||
| DIRECTOR | 7.00 | Yes (X) | $45,733 | $0 | $0 | |||
| DAVID MCCLELLAN | ||||||||
| DIRECTOR | 7.00 | Yes (X) | $33,625 | $0 | $0 | |||
| EDWARD CROWELL | ||||||||
| DIRECTOR | 10.00 | 5.00 | Yes (X) | $47,674 | $13,200 | $0 | ||
| BRYAN BOYD | ||||||||
| DIRECTOR | 10.00 | 5.00 | Yes (X) | $59,707 | $13,800 | $0 | ||
| CHARLES M SWANSON | ||||||||
| DIRECTOR | 7.00 | Yes (X) | $49,747 | $0 | $0 | |||
| KEVAN ESPY | ||||||||
| PRESIDENT & | 50.00 | Yes (X) | $627,988 | $0 | $227,651 | |||
| TIM SOSEBEE | ||||||||
| SR VP-BUSINE | 50.00 | $359,728 | $0 | $179,323 | Yes (X) | |||
| TIMOTHY HARSHBARGER | ||||||||
| VP HUMAN RES | 50.00 | $337,254 | $0 | $41,405 | Yes (X) | |||
| TIM JARRELL | ||||||||
| VP-POWER SUP | 50.00 | $318,985 | $0 | $156,840 | Yes (X) | |||
| KELSIE DANIELS | ||||||||
| VP-INFO. TEC | 50.00 | $301,952 | $0 | $75,935 | Yes (X) | |||
| BRETT STOVERN | ||||||||
| CFO-FORMER | 50.00 | $645,968 | $0 | $115,514 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,977,074 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $69,600 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $796,668 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 195 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | 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 |
|---|---|---|---|---|---|
| PIKE ELECTRIC INC | |||||
| 100 PIKE WAY | MOUNT AIRY | NC | 27030 | OUTSIDE SRV | $12,175,791 |
| LEWIS TREE SERVICE INC | |||||
| 300 LUCIUS GORDON DR | NEW YORK | NY | 14586 | OUTSIDE SRV | $4,502,099 |
| POWERGRID SERVICES LLC | |||||
| 2350 HWY 31 NW | HARTSELLE | AL | 35640 | OUTSIDE SRV | $2,587,565 |
| CHOATE CONSTRUCTION CO | |||||
| 8200 ROBERTS DRIVE SUITE 600 | ATLANTA | GA | 30350 | OUTSIDE SRV | $2,250,868 |
| WA KENDALL COMPANY LLC | |||||
| 400 FARMER CT | LAWRENCEVILLE | GA | 30046 | OURSIDE SRV | $2,229,075 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 37 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| ELECTRIC REVENUE | 221000 | $456,283,598 | $456,283,598 | |
| PATRONAGE CAPITAL CREDITS | 221000 | $9,484,464 | $9,484,464 | |
| POLE AND OTHER ATTACHMENTS | $3,523,077 | $3,523,077 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $469,291,139 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,274,046 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,274,046 | RelatedOrExemptFuncIncomeAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $940,544 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $940,544 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $75,991 | RealAmt |
| Personal | $14,500 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $75,991 | RealAmt |
| Personal | $14,500 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $90,491 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $14,500 | UnrelatedBusinessRevenueAmt |
| Exclusion | $75,991 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Total Revenue Column | $454,388 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $454,388 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $454,388 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $472,050,608 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $468,437,040 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $14,500 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,599,068 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,240,838 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,566,893 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,294,568 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PURCHASED POWER | $339,375,164 |
| ADMIN. & GENERAL EXP. | $22,490,501 |
| DISTRIBUTION MAINTENANCE | $19,256,292 |
| CONSUMER ACCOUNTS | $13,706,571 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,910,455 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $459,841,282 | 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 | $532,250 | BOYAmt |
| EOY | $1,181,320 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,496,973 | BOYAmt |
| EOY | $64,314,190 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,098,846 | BOYAmt |
| EOY | $6,828,895 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,174,171 | BOYAmt |
| EOY | $7,034,023 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,464,286 | BOYAmt |
| EOY | $1,455,551 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,041,956,910 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $313,174,766 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $696,895,431 | BOYAmt |
| EOY | $728,782,144 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $226,416,217 | BOYAmt |
| EOY | $233,398,552 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,451,679 | BOYAmt |
| EOY | $134,347,030 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,101,529,853 | BOYAmt |
| EOY | $1,177,341,705 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,531,689 | BOYAmt |
| EOY | $59,674,180 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $405,646,254 | BOYAmt |
| EOY | $373,054,750 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $250,000 | BOYAmt |
| EOY | $4,700,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,457,069 | BOYAmt |
| EOY | $64,182,465 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $533,885,012 | BOYAmt |
| EOY | $501,611,395 | 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 | $396,550 | BOYAmt |
| EOY | $379,295 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $567,248,291 | BOYAmt |
| EOY | $675,351,015 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $567,644,841 | BOYAmt |
| EOY | $675,730,310 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,101,529,853 | BOYAmt |
| EOY | $1,177,341,705 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $12,209,326 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $95,876,143 | 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 | $9,621,002 | OtherCostOrOtherBasisAmt |
| Book Value | $9,621,002 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,032,335,908 | OtherCostOrOtherBasisAmt |
| Depreciation | $313,174,766 | DepreciationAmt |
| Book Value | $719,161,142 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $728,782,144 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (14 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENT IN ASSOC. - OPC | $134,919,391 | C |
| INVESTMENT IN ASSOC.- NRUCFC | $45,328,767 | C |
| INVESTMENT IN ASSOC. - GTC | $40,890,529 | C |
| INVESTMENTS IN ASSOC. - SEWELL CK | $5,783,074 | C |
| INVESTMENTS IN ASSOC. - SMARR | $2,598,992 | C |
| INVESTMENT IN ASSOC.- GRESCO | $1,909,823 | C |
| INVESTMENTS IN ASSOC. - FEDERATED | $1,001,544 | C |
| INVESTMENT IN ASSOC.- COBANK | $446,929 | C |
| INVESTMENT IN ASSOC.- NISC | $372,154 | C |
| INVESTMENT IN ASSOC.- SEDC | $68,274 | C |
| INVESTMENT IN ASSOC. - NRTC | $35,895 | C |
| INVESTMENTS IN ASSOC. - GSOC | $32,199 | C |
| INVESTMENTS IN ASSOC. - CRC | $10,621 | C |
| INVESTMENTS IN ASSOC. - OTHER | $360 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $233,398,552 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| INVESTMENTS IN SUBS | $129,841,232 |
| DEFERRED COMPENSATION | $2,464,613 |
| OTHER | $2,041,185 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $134,347,030 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| REGULATORY LIABILITIES | $42,321,609 |
| CONSUMER DEPOSITS | $14,629,021 |
| OTHER DEFERRED CREDITS | $4,745,148 |
| DEFERRED COMPENSATION | $2,486,687 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $64,182,465 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $478,050,608 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $6,000,000 | OtherRevenueAmt |
| Revenue Not Reported | $6,000,000 | RevenueNotReportedAmt |
| Revenue Subtotal | $472,050,608 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $472,050,608 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $459,841,282 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $459,841,282 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $459,841,282 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | ASC 980 DEFERRED ELECTRIC REVENUE TRANSACTIONS 6,000,000 |
| SCHEDULE D, PAGE 4, PART XIII | SCHEDULE D, PART XI, LINE 4B: IN 2022, THE CORPORATION HAD NET REVENUE RECOGNITION UNDER ASC 980 OF 6,000,000. THE CORPORATION'S DEFERRED REVENUE PLAN IS APPROVED BY THE BOARD OF DIRECTORS, IN THEIR RATE-MAKING CAPACITY, AND ADHERE TO THE RELEVANT PROVISIONS OF U.S. GAAP FOR REGULATED ENTITIES. FORM 990 DOES NOT RECOGNIZE ASC 980. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| 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 (6 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt |
|---|---|---|---|---|---|---|---|
| KEVAN ESPY | |||||||
| PRESIDENT & CEO | $492,470 | $121,166 | $14,352 | $218,573 | $9,078 | $855,639 | |
| TIM SOSEBEE | |||||||
| SR VP-BUSINESS OPS | $283,277 | $64,198 | $12,253 | $154,913 | $24,410 | $539,051 | |
| TIMOTHY HARSHBARGER | |||||||
| VP HUMAN RESOURCES | $233,046 | $55,537 | $48,671 | $24,303 | $17,102 | $378,659 | $36,454 |
| TIM JARRELL | |||||||
| VP-POWER SUPPLY | $225,466 | $51,738 | $41,781 | $131,833 | $25,007 | $475,825 | |
| KELSIE DANIELS | |||||||
| VP-INFO. TECH. | $238,456 | $53,110 | $10,386 | $57,371 | $18,564 | $377,887 | |
| BRETT STOVERN | |||||||
| CFO-FORMER | $392,947 | $107,417 | $145,604 | $91,104 | $24,410 | $761,482 | |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PAGE 1, PART I, LINE 1A | MARIETTA COUNTRY CLUB: KEVAN ESPY (PRESIDENT & CEO) - 25,000 (INITIATION FEE), 7,853 (DUES) |
| SCHEDULE J, PAGE 1, PART I, LINE 4 | TIMOTHY HARSHBARGER 0 36,454 0 |
| SCHEDULE J, PART III | COBB EMC HAS A NONQUALIFIED DEFERRED COMPENSATION PLAN UNDER IRC SECTION 457(F) THAT PROVIDES BENEFITS FOR A SELECT GROUP OF KEY MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES. THE PLAN WAS ADOPTED TO RETAIN AND REWARD LONG SERVICE PERSONNEL AND TO ATTRACT AND RETAIN MANAGEMENT EMPLOYEES. THE NONQUALIFIED AMOUNT ABOVE WAS PAID OUT IN 2022 AND IS INCLUDED IN THE PARTICIPANT'S W-2 COMPENSATION. THE AMOUNT IS A COMPONENT OF "OTHER REPORTABLE COMPENSATION" ON SCHEDULE J. THE FOLLOWING AMOUNTS ARE THE 2022 EMPLOYER CONTRIBUTIONS TO THE NONQUALIFIED PLAN THAT ARE NOT INCLUDED IN EACH EMPLOYEES' W-2, BUT ARE INCLUDED SCHEDULE J, COLUMN C: KEVAN ESPY - 14,876 BRETT STOVERN - 60,604 TIM SOSEBEE - 8,815 TIM JARRELL - 36,678 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 | THE CORPORATION'S RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS PRESCRIBED BY THE FEDERAL ENERGY REGULATORY COMMISSION (18CFR.PART 101). THOSE PRACTICES UTILIZE ALLOCATION OF CERTAIN EXPENSES BASED ON LABOR CHARGES OR OTHER 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 THE STATEMENT OF FUNCTIONAL EXPENSES IN THE SAME MANNER IT REPORTS ITS FINANCIAL RESULTS TO LENDERS AND ITS MEMBER-OWNERS. |
| FORM 990, PAGE 6, PART VI, LINE 4 | THE BOARD OF DIRECTORS APPROVED REVISIONS TO THE BYLAWS EFFECTIVE JUNE 28, 2022. THE REVISIONS WERE TO PROVIDE CLARIFICATIONS AND WORDING CHANGES. A COPY OF THE AMENDED BYLAWS IS ATTACHED TO THIS RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THE CORPORATION 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 CORPORATION'S MEMBERS DEMOCRATICALLY ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN THE CORPORATION'S BYLAWS WHICH ARE INCLUDED AS 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 THE CORPORATION'S BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 11B | FORM 990 IS REVIEWED BY THE FULL BOARD OF DIRECTORS PRIOR TO SUBMITTAL. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE CORPORATION REGULARY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE FOLLOWING POLICIES, WHICH ARE INCLUDED AS PART OF THIS RETURN: POLICY 602 - CONFLICT OF INTEREST POLICY 901 - EMPLOYEE CODE OF CONDUCT POLICY 911 - EMPLOYEES' OUTSIDE ACTIVITIES |
| FORM 990, PAGE 6, PART VI, LINE 15A | AS OUTLINED IN BOARD POLICY 608, WHICH IS ATTACHED TO THIS RETURN, THE ANNUAL CEO REVIEW IS CONDUCTED BY THE BOARD'S HUMAN RESOURCES COMMITTEE, WHICH MAKES A COMPENSATION RECOMMENDATION TO THE FULL BOARD FOR THEIR APPROVAL. |
| FORM 990, PAGE 6, PART VI, LINE 15B | KEY EMPLOYEE COMPENSATION IS REVIEWED AND APPROVED AS PROVIDED FOR IN BOARD POLICY 908, A COPY OF WHICH IS INCLUDED AS A PART OF THIS RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE CORPORATION 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. THE CORPORATION'S ANNUAL REPORT IS AVAILABLE ON IT'S WEBSITE. AUDITED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION IS AVAILABLE TO THE CORPORATION'S MEMBERS THROUGH THE MEMBER PORTAL. |
| FORM 990, PART XI, LINE 9 | WHOLLY-OWNED SUBSIDIARY EARNINGS 89,852,701 CHANGE IN DONATED CAPITAL 41,035 ASC 980 DEFERRED ELECTRIC REVENUE TRANSACTIONS 6,000,000 CHANGE IN MEMBERSHIP FEES -17,255 OTHER -338 TOTAL 95,876,143 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIBER SOUTH LLC | BusinessNameLine1Txt |
| Business Name Line2 | FIBER SOUTH LLC | BusinessNameLine2Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 EMC PARKWAY | AddressLine1Txt |
| Address Line2 | 1000 EMC PARKWAY | AddressLine2Txt |
| City | MARIETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30061 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 845178162 | EIN |
| Legal Domicile State | GA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COBB EMC | BusinessNameLine1Txt |
| Business Name Line2 | COBB EMC | BusinessNameLine2Txt |
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 | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|
| GAS SOUTH LLC | ||||||||
| PO BOX 4298 | ATLANTA | GA | 30302 | 203608242 | NAT GAS MA | GA | N/A | Yes (true) |
| COBB ENERGY MANAGEMENT CORPORATION | ||||||||
| 1000 EMC PARKWAY | MARIETTA | GA | 30060 | 582345061 | HOLDING CO | GA | N/A | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | 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 | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | Yes (true) | 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 | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | 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 (7 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| GAS SOUTH LLC | ||
| A | $1,237,415 | FMV |
| GAS SOUTH LLC | ||
| D | $1,289,150 | FMV |
| GAS SOUTH LLC | ||
| F | $58,208,344 | COST |
| GAS SOUTH LLC | ||
| L | $1,959,988 | COST |
| GAS SOUTH LLC | ||
| M | $498,464 | FMV |
| GAS SOUTH LLC | ||
| Q | $238,871 | COST |
| GAS SOUTH LLC | ||
| H | $266,457 | FMV |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R | FormAndLineReferenceDesc |
| Explanation | RELATED ORGANIZATIONS: COBB ENERGY MANAGEMENT CORPORATION (COBB ENERGY): COBB ENERGY WAS INCORPORATED IN THE STATE OF GEORGIA ON SEPTEMBER 3, 1997 TO PROVIDE VARIOUS SERVICES TO COBB ELECTRIC MEMBERSHIP CORPORATION (COBB EMC), ITS SUBSIDIARIES AND OTHER THIRD PARTIES. AS OF DECEMBER 31, 2022, COBB ENERGY MANAGEMENT CORPORATION HAS NO OPERATING ACTIVITIES. GAS SOUTH, LLC (GAS SOUTH) AND SUBSIDIARIES: GAS SOUTH, LLC TOGETHER WITH IT'S WHOLLY-OWNED SUBSIDIARIES IS A NATURAL GAS MARKETER THAT SERVES RESIDENTIAL, BUSINESS, GOVERNMENTAL, AND INSTITUTIONAL CUSTOMERS PRIMARILY IN THE SOUTHEASTERN UNITED STATES IN AREAS WHERE CUSTOMERS HAVE THE ABILITY TO CHOOSE THEIR ENERGY PROVIDER. THE COMPANY ALSO SERVES LARGE CUSTOMERS THAT ARE CONNECTED DIRECTLY TO INTERSTATE PIPELINES AND WHOLESALES NATURAL GAS TO OTHER SERVICE PROVIDERS. GAS SOUTH'S MANAGEMENT COMMITTEE IS MADE UP OF COBB EMC EXECUTIVE MANAGEMENT AND FOUR COBB EMC BOARD MEMBERS. COBB EMC BOARD MEMBERS SERVING ON THE MANAGEMENT COMMITTEE ARE COMPENSATED DIRECTLY BY GAS SOUTH. THESE AMOUNTS ARE REPORTED ON COBB EMC'S FORM 990 AS "REPORTABLE COMPENSATION FROM RELATED ORGANIZATIONS". FIBER SOUTH BROADBAND, LLC: FIBER SOUTH BROADBAND, LLC (FIBER SOUTH) IS A WHOLLY OWNED SINGLE-MEMBER LLC OF COBB EMC. FIBER SOUTH WAS A PROVIDER OF RETAIL BROADBAND SERVICES. FIBER SOUTH EXITED THE BROADBAND BUSINESS IN 2021. FIBER SOUTH HAD NO ACTIVITY IN 2022. | ExplanationTxt |