2023-11-06T08:49:51-05:00 2022-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2022-01-01 580224655 GREYSTONE POWER CORPORATION GREY 7709426576 PO BOX 897 DOUGLASVILLE GA 30133 GARY A MILLER PRESIDENT & CEO 7709426576 2023-10-23 true GARY MILLER XXX-XX-XXXX false WILLIAM R ROUNTREE P01231836 4787466277 2023-11-06 2022 2023-04-26 12:10:37Z GARY A MILLER PO BOX 897 DOUGLASVILLE GA 30133 337482416 false X WWW.GREYSTONEPOWER.COM X 1936 GA MAKING LIFE BETTER IN THE COMMUNITIES WE SERVE. 9 9 306 1724089 0 309024120 334126005 8632798 1448416 1408829 1907995 319065747 337482416 0 28276058 15602400 1558610 1371331 0 0 289231079 320508685 319065747 337482416 0 623308885 657153120 327712262 357310041 295596623 299843079 MAKING LIFE BETTER IN THE COMMUNITIES WE SERVE. false false N/A false false false false false false false false false true false true false true false false false false false false false false false false false false false false true false false false false false false false false false false true false false false true 154 0 true 306 true true true false false false false 328202009 6573034 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 KARA PEARSON 7709426576 PO BOX 897 DOUGLASVILLE GA 30134 JIM JOHNS CHAIRMAN 5.63 X X 29231 0 0 GENEVIEVE B COLE VICE CHAIRMA 4.54 X X 26777 0 0 DAVID HAGENOW SECRETARY/TR 5.40 X X 29182 0 0 MILTON JONES DIRECTOR 4.19 X 27660 0 0 MARIBETH WANSLEY DIRECTOR 3.71 X 25383 0 0 JOHN A WALTON DIRECTOR 2.79 X 23783 0 0 BILLY MAYHEW DIRECTOR 4.25 X 24094 0 0 NEAL DETTMERING DIRECTOR 4.73 X 25776 0 0 CHARISSE BRAXTON DIRECTOR 4.50 X 6910 0 0 LUCY ANDRES DIRECTOR 2.81 X 7021 0 0 GARY A MILLER PRESIDENT & 50.00 X 912268 0 233246 MICHAEL MOORE VP-POWER SUP 50.00 X 314700 0 57966 KARA T PEARSON VP-FINANCIAL 50.00 X 295501 0 56891 TIMOTHY WILLIAMS VP CORP & EX 50.00 X 282686 0 90780 DAVID JOHNSON VP-O&E 50.00 X 288059 0 54959 JAMES WRIGHT VP-CORPORATE 50.00 X 285244 0 50595 2604275 544437 89 false true false LINETEC SERVICES LLC 19820 NORTH 7TH AVENUE SUITE 120 PHOENIX AZ 85027 CONTRACT LABOR 2313387 UTILIQUEST LLC PO BOX 932367 ATLANTA GA 311932367 URD LOCATE SVCS 693602 CAPPSTONE ENERGY GROUP LLC PO BOX 2295 COVINGTON GA 30015 PWR LINE CONSUL 579547 SOUTHERN STATES UTILITY 710 WATER OAK LANE 710 WATER PARK LANE TALADEGA AL 35160 CONTRACT LABOR 506379 PARKER FIBERNET LLC PO BOX 688 SUMMERVILLE GA 30747 COMPUTER SVCS 364308 9 ELECTRIC REVENUE 221000 325559293 325559293 PATRONAGE CAPITAL CREDITS 221000 3117064 3117064 POLE RENTAL 221000 2815623 2815623 OTHER ELECTRIC REVENUE 221000 2634025 2634025 334126005 1448416 1448416 477489 477489 COOP CHOICE EARNINGS 900099 1597289 1597289 NON OP REV GAS SOUTH 900099 126800 126800 NON OP REV SURGE MONTHLY FEES 78319 78319 -371902 -371902 1430506 337482416 331016799 1724089 4741528 15602400 1371331 9669569 21559980 PURCHASED POWER 241085370 DISTRIBUTION OPERATIONS/M 28531368 ADMIN. & GENERAL EXP. 9431052 CONSUMER ACCOUNTS 7113203 3118143 337482416 0 0 0 X 3733747 8305432 21500000 10300000 43610868 61315201 6972352 7719284 1324030 337279 667441746 151956175 499340556 515485571 31845363 35077145 14981969 18613208 623308885 657153120 29940868 35113921 275181502 297106970 22589892 25089150 327712262 357310041 X 1243040 1262085 294353583 298580994 295596623 299843079 623308885 657153120 X 0 4246456 X X false true X true false 6272351 6272351 661169395 151956175 509213220 515485571 PAT CAP COOPS - GTC 23196375 C OTHER PAT CAP 4466910 C PAT CAP COOPS - GRESCO 2401476 C PAT CAP-CFC 2034202 C PAT CAP-SEWELL CREEK 1241310 C PAT CAP-SMARR 1077352 C PAT CAP-SEDC 643689 C PAT CAP-GSOC 15831 C 35077145 CONSUMER DEPOSITS 21195101 DEFERRED CREDITS 3369400 DEFERRED COMP LIABILITY 524649 25089150 X X X X X false true false GARY A MILLER PRESIDENT & CEO 695589 128320 88359 222516 10730 1145514 MICHAEL MOORE VP-POWER SUPPLY 291625 737 22338 49936 8030 372666 KARA T PEARSON VP-FINANCIAL SERVICE 279952 813 14736 46407 10484 352392 TIMOTHY WILLIAMS VP CORP & EXT AFFAIR 254014 737 27935 80051 10729 373466 DAVID JOHNSON VP-O&E 265796 737 21526 44475 10484 343018 JAMES WRIGHT VP-CORPORATE SERVICE 270084 737 14423 40435 10160 335839 SCHEDULE J, PAGE 1, PART I, LINE 4 GARY A. MILLER 0 127,583 0 SCHEDULE J, PART III SCHEDULE J, PART II, COLUMN B (III) - THE AMOUNTS REPORTED IN THIS COLUMN INCLUDE AMOUNTS PAID OUT UNDER A NON-QUALIFIED DEFERRED COMPENSATION PLAN (NQDC PLAN). THE PURPOSE OF THE PLAN IS TO MAKE WHOLE CERTAIN MEMBERS OF MANAGEMENT WHOSE ACCRUED BENEFIT UNDER THE NRECA R&S PENSION PLAN WAS LIMITED BY THE INTERNAL REVENUE CODE. DISTRIBUTIONS FROM THE NQDC PLAN ARE PROCESSED THROUGH THE COMPANY'S PAYROLL SYSTEM AND INCLUDED IN EACH PARTICIPANT'S REPORTABLE COMPENSATION. A CREDIT IS RECEIVED FROM NRECA FOR AMOUNTS THE COMPANY PAID THE PARTICIPANTS. 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 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 AS PROVIDED FOR IN BOARD POLICY NO. 207, WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 12C THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE RELATED TO POTENTIAL CONFLICTS OF INTEREST AS PROVIDED FOR IN THE FOLLOWING POLICIES WHICH IS INCLUDED AS A PART OF THIS RETURN: POLICY NO. 111 - DIRECTOR CONFLICT OF INTEREST POLICY NO. 444 - CONFLICT OF INTEREST - OFFICERS AND KEY EMPLOYEES POLICY NO. 113 - STANDARDS OF CONDUCT - DIRECTORS POLICY NO. 118 - NEPOTISM - DIRECTORS THE COOPERATIVE ALSO HAS A "DIRECTORS CODE OF CONDUCT" WHICH IS ALSO INCLUDED AS PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15A CEO COMPENSATION IS REVIEWED AND APPROVED AS PROVIDED FOR IN BOARD POLICY NO. 125, 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 BOARD POLICY NO. 126, WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE'S POLICY NO. 109 - MEMBER ACCESS TO COOPERATIVE INFORMATION, WHICH IS INCLUDED AS PART OF THIS RETURN, DETAILS HOW MEMBERS MAY OBTAIN COOPERTIVE INFORMATION. FORM 990, PART XI, LINE 9 CHANGE IN MEMBERSHIP FEES 19,045 CAPITAL CREDITS ASSIGNED TO MEMBERS 15,602,399 CHANGE IN RETIRED CAPITAL CREDIT GAINS 1,246,164 PATRONAGE CAPITAL RETIRED -12,528,368 CHANGE IN DONATED CAPITAL -92,784 TOTAL 4,246,456 FORM 990, PART XII THE CORPORATION'S FISCAL YEAR END IS AUGUST 31ST. THE CORPORATION UNDERGOES AN INDEPENDENT AUDIT OF ITS FINCIAL STATEMENTS ANNUALLY AS OF THAT DATE. THE CORPORATION RECEIVED AN UNMODIFIED OPINION FOR THE YEARS ENDED AUGUST 31, 2023 AND 2022. GREYSTONE CONNECT LLC GREYSTONE CONNECT LLC PO BOX 897 PO BOX 897 DOUGLASVILLE GA 30134 BROADBAND GA GPC SCHEDULE R GREYSTONE CONNECT, LLC FILED ARTICLES OF INCORPORATION WITH THE GEORGIA SECRETARY OF STATE ON DECEMBER 2, 2022. THE ORGANIZATION WILL PROVIDE BROADBAND SERVICES. THE COMPANY HAD NO ACTIVITY DURING CALENDAR YEAR 2022.