2022-05-06T09:06:35-05:00 2021-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2021-01-01 580184715 CARROLL ELECTRIC MEMBERSHIP CORPORATION CARR 7708323552 155 N HWY 113 CARROLLTON GA 30117 TIMOTHY C MARTIN PRES & CEO 7708323552 2022-05-02 TIMOTHY C MARTIN XXX-XX-XXXX H TERRELL MCMICHAEL JR P01259982 4787466277 2022-05-06 2021 2022-09-23 18:48:47Z TIMOTHY C MARTIN 121059427 false X WWW.CEMC.COM X 1936 GA SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT THE LOWEST PRICE CONSISTENT WITH HIGH STANDARDS OF SERVICE. 9 9 162 0 0 117805012 120374655 1226889 637948 36302 46824 119068203 121059427 0 10184283 6935094 791905 925806 0 0 108092015 113198527 119068203 121059427 0 277120148 281988599 155518212 155148181 121601936 126840418 TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT THE LOWEST PRICE CONSISTENT WITH HIGH STANDARDS OF SERVICE. false false N/A false false false false false false false false false true false false 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 112 0 true 162 true false false false false false 117776725 758009 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 true true GA X CARROLL EMC 7708323552 155 N HWY 113 CARROLLTON GA 301177501 EMMETT HARROD CHAIRMAN 15.00 X X 44476 0 0 MAX GOLDIN VICE CHAIRMA 16.00 X X 53957 0 0 NAN PHILPOT SECRETARY/TR 12.00 X X 41226 0 0 DONNIE BRANNON DIRECTOR 18.00 X 45126 0 0 RONNIE JORDAN DIRECTOR 15.00 X 44156 0 0 DON DEFOOR DIRECTOR 15.00 X 48376 0 0 ALVIN GINN DIRECTOR 15.00 X 45236 0 0 EDDIE GORE DIRECTOR 15.00 X 44626 0 0 LYNN JOYNER DIRECTOR 15.00 X 47076 0 0 TIMOTHY C MARTIN PRES & CEO 50.00 X 420060 0 91490 KEVIN J JOHNSTON COO 45.00 X 273894 0 76147 JENNIFER HARMON VP., FIN. & 44.00 X 214017 0 61248 SUSAN P LESTER VP MEMBER SE 45.00 X 258532 0 65791 JAY GILL VP COMM & EC 45.00 X 210215 0 55792 JAMES LAYTON SYSTEM ENGIN 45.00 X 198326 0 52122 1989299 402590 29 false true false CAPPSTONE ENERGY GROUP LLC PO BOX 2295 COVINGTON GA 30015 ENGINEERING 1150477 PROSOURCE UTILITY CONTRACTORS LLC P O BOX 197 BOWDON JUNCTION GA 30109 UTILITY SERVICE 534821 ACE POLE ACQUISITION LLC 6352 TIMBER LN BLACKSHEAR GA 31516 UTILITY SERVICE 208303 TOP GUN APPLICATION SERVICES 160 EUBANKS FARM RD INMAN SC 29349 ROW CLEARING 172168 MCINTOSH SPECIALTY SERVICE 1655 N 1656 US-27 CARROLLTON GA 30117 UTILITY SERVICE 146026 5 ELECTRIC REVENUE 221000 117783060 117783060 POLE RENTAL 221000 2294678 2294678 OTHER CAPITAL CREDITS 221000 296917 296917 120374655 637948 4655 633293 GAIN ON DISPOSITION OF PROPER 46824 46824 46824 121059427 118084632 2974795 6935094 925806 1274175 4042745 9984047 PURCHASED POWER 80699573 DISTRIBUTION MAINTENANCE 5626395 OTHER DEDUCTIONS 4356353 ADMIN. & GENERAL EXP. 4293553 2921686 121059427 0 0 0 3341073 7582137 22392831 13300000 8511052 8235603 608765 552238 1847316 2168565 9426967 10255331 323477069 92656195 221956176 230820874 7422122 7782500 1613846 1291351 277120148 281988599 12762691 12643216 12500000 9000000 125038419 130198796 5217102 3306169 155518212 155148181 X 1540853 1659316 120061083 125181102 121601936 126840418 277120148 281988599 X 0 5238482 X false true X true false 192244 192244 323284825 323284825 323477069 CONSUMER DEPOSITS 1460894 DEFERRED CREDITS 1173389 ACCUM PROV FOR PENSION & BENEFITS 671886 3306169 124559427 3500000 3500000 121059427 121059427 114124333 114124333 6935094 6935094 121059427 SCHEDULE D, PAGE 4, PART XI, LINE 2D REVENUE RECOGNITION UNDER ASC - 980 3,500,000 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL ALLOCATION 6,935,094 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 LENDERS, REGULATORS AND ITS MEMBER-OWNERS. X X X X false false false TIMOTHY C MARTIN PRES & CEO 377251 22741 20068 81670 9820 511550 KEVIN J JOHNSTON COO 241586 23361 8947 66431 9716 350041 JENNIFER HARMON VP., FIN. & ACCT 196635 16684 698 54838 6410 275265 SUSAN P LESTER VP MEMBER SERVICES 231178 19707 7647 62571 3220 324323 JAY GILL VP COMM & ECON DEV 175523 19529 15163 49382 6410 266007 JAMES LAYTON SYSTEM ENGINEER 178835 15870 3621 42952 9170 250448 SCHEDULE J, PART III TOTAL DEFERRED COMPENSATION AMOUNTED TO 671,886 AND 530,811 PER AUDITED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2021 AND 2020, RESPECTIVELY. FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED 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 PRIOR TO FILING IN ACCORDANCE WITH THE GOVERNING BODY'S POLICY WHICH IS INCLUDED AS PART OF THE RETURN. FORM 990, PAGE 6, PART VI, LINE 12C THE COOPERATIVE REGURALY AND CONSITENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS BOARD POLICY WHICH IS INCLUDED AS PART OF THE RETURN. FORM 990, PAGE 6, PART VI, LINE 15A CEO COMPENSATION IS REVIEWED AND APPROVED BY THE GOVERNING BODY AS PROVIDED IN THE COOPERATIVE'S BOARD POLICY AND PROCEDURES. FORM 990, PAGE 6, PART VI, LINE 15B OTHER OFFICER COMPENSATION IS REVIEWED AND APPROVED BY THE CEO AND GOVERNING BODY AS PROVIDED IN THE COOPERATIVE'S BOARD POLICIES AND PROCEDURES. FORM 990, PAGE 6, PART VI, LINE 19 FEDERAL TAX LAW DOES NOT REQUIRE SUCH DOCUMENTS BE MADE PUBLICLY AVAIABLE. MEMBERS ARE PROVIDED ACCESS TO THIS INFORMATION UPON REQUEST. FORM 990, PART XI, LINE 9 MEMBERSHIPS 118,463 CAPITAL CREDIT GAINS 4,876,916 PATRONAGE CAPITAL ALLOCATION 6,935,094 ASC (980) DEFERRED REVENUE RECOGNIZED 3,500,000 PATRONAGE CAPITAL RETIREMENT -8,820,021 OTHER COMPREHENSIVE INCOME -1,105,400 OTHER -266,570 TOTAL 5,238,482