SNAPPING SHOALS ELECTRIC MEMBERSHIP CORP: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SNAPPING SHOALS ELECTRIC MEMBERSHIP CORP (EIN 58-0433463)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-03
- IRS object ID
- 202233079349300823
- Schema version
- 2021v4.0
- 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 | 2022-11-03T09:53:36-04:00 | ReturnTs |
| Tax Period End | 2021-12-31 | 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 | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580433463 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SNAPPING SHOALS ELECTRIC MEMBERSHIP | BusinessNameLine1Txt |
| Business Name Line2 | CORPORATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SNAP | BusinessNameControlTxt |
| Phone | 7707863484 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 509 | AddressLine1Txt |
| City | COVINGTON | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 300150509 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SHAUN MOCK | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 7707863484 | PhoneNum |
| Signature | 2022-11-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SHAUN | PersonFirstNm |
| Person Last | MOCK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | H TERRELL MCMICHAEL JR | PreparerPersonNm |
| PTIN | P01259982 | PTIN |
| Phone | 4787466277 | PhoneNum |
| Preparation | 2022-11-03 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SHAUN MOCK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 509 | AddressLine1Txt |
| City | COVINGTON | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30015 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $212,107,802 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1936 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Gross UBI | -$12,815 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $193,552,526 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $210,783,793 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,264,703 | PYInvestmentIncomeAmt |
| CY Investment Income | $945,445 | CYInvestmentIncomeAmt |
| PY Other Revenue | $81,205 | PYOtherRevenueAmt |
| CY Other Revenue | $154,853 | CYOtherRevenueAmt |
| PY Total Revenue | $194,898,434 | PYTotalRevenueAmt |
| CY Total Revenue | $211,884,091 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $7,177,385 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $3,724,930 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $836,953 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $869,134 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $186,884,096 | PYOtherExpensesAmt |
| CY Other Expenses | $207,290,027 | CYOtherExpensesAmt |
| PY Total Expenses | $194,898,434 | PYTotalExpensesAmt |
| CY Total Expenses | $211,884,091 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $291,162,895 | TotalAssetsBOYAmt |
| Total Assets EOY | $296,699,406 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $192,867,622 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $199,535,293 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $98,295,273 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $97,164,113 | NetAssetsOrFundBalancesEOYAmt |
| Mission | 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. | 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 | false | 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 | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 71 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| 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 | $206,687,606 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $1,517,342 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | 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
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SNAPPING SHOALS EMC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7707863484 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 509 | AddressLine1Txt |
| City | COVINGTON | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30015 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| FRANK LINEBERGER | |||||||||
| CHAIRMAN | 12.00 | Yes (X) | Yes (X) | $32,512 | $0 | $0 | |||
| JAKE CARTER | |||||||||
| VICE CHAIRMA | 5.00 | Yes (X) | Yes (X) | $34,505 | $0 | $0 | |||
| LANCE HARPER | |||||||||
| SEC.- TREASU | 5.00 | Yes (X) | $34,038 | $0 | $0 | ||||
| JEANETTE BERRY | |||||||||
| ASST SEC.-TR | 8.00 | Yes (X) | $19,835 | $0 | $0 | ||||
| GENE MORRIS | |||||||||
| DIRECTOR | 12.00 | Yes (X) | Yes (X) | $42,980 | $0 | $0 | |||
| ALFRED FLANIGAN | |||||||||
| DIRECTOR | 12.00 | Yes (X) | $24,330 | $0 | $0 | ||||
| WALTER JOHNSON | |||||||||
| DIRECTOR | 8.00 | Yes (X) | $18,603 | $0 | $0 | ||||
| ANTHONY NORTON | |||||||||
| DIRECTOR | 12.00 | Yes (X) | $34,410 | $0 | $0 | ||||
| MILLARD ROSS | |||||||||
| DIRECTOR | 5.00 | Yes (X) | $20,971 | $0 | $0 | ||||
| JAMES WHITE | |||||||||
| DIRECTOR | 8.00 | Yes (X) | $31,085 | $0 | $0 | ||||
| RUBY WOODS | |||||||||
| DIRECTOR | 8.00 | Yes (X) | Yes (X) | $28,713 | $0 | $0 | |||
| BRADLEY K THOMAS | |||||||||
| PRES & CEO ( | 0.00 | $0 | $2,080,205 | $8,740 | 0.00 | Yes (X) | |||
| SHAUN MOCK | |||||||||
| PRESIDENT & | 50.00 | Yes (X) | $0 | $437,833 | $109,320 | 0.00 | |||
| FRANK ASKEW | |||||||||
| COO | 50.00 | $0 | $325,577 | $109,361 | Yes (X) | ||||
| MIKE MILLIGAN | |||||||||
| VP-ENGINEERI | 50.00 | $0 | $280,826 | $97,271 | Yes (X) | ||||
| DONALD RITCHEY | |||||||||
| SVP-LINE SVC | 50.00 | $0 | $275,444 | $41,907 | Yes (X) | ||||
| KATIE JOHNSTON | |||||||||
| SR VP - CORP | 50.00 | $0 | $251,791 | $85,598 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $321,982 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $3,651,676 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $452,197 | TotalOtherCompensationAmt |
| Former Ofcr Employees Listed | Yes (true) | 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 |
|---|---|---|---|---|---|
| CAPPSTONE ENERGY GROUP LLC | |||||
| PO BOX 2295 | COVINGTON | GA | 30015 | ENGINEERING CON | $679,085 |
| WAGES GOLDSTAR ROOFING GUTTERS | |||||
| 1404 BRIGHTON PLACE | LOGANVILLE | GA | 30052 | REPAIRS & CONST | $474,285 |
| JOE POWELL ASSOCIATES | |||||
| 6775 MEADOW LANE | ALPHARETTA | GA | 30005 | DATA STORAGE EQ | $318,833 |
| NOBLES SYSTEMS CORPORATION | |||||
| SUITE 300 | ATLANTA | GA | 30338 | CRM SOFTWARE | $228,467 |
| DONALD LEWIS III | |||||
| 342 SADDLE LAKE DR | WILLIAMSON | GA | 30292 | SUBSTATION MOVE | $173,873 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| ELECTRIC REVENUE | 221000 | $206,687,606 | $206,687,606 | |
| POLE RENTAL | 221000 | $2,383,093 | $2,383,093 | |
| OTHER CAPITAL CREDITS | $939,587 | $939,587 | ||
| G & T CAPITAL CREDITS | $773,507 | $773,507 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $210,783,793 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $945,445 | TotalRevenueColumnAmt |
| Exclusion | $945,445 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $210,896 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $223,711 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$12,815 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$12,815 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| GAIN (LOSS) ON SALE OF PROPER | $100,722 | $100,722 |
| MISCELLANEOUS NONOPERATING IN | $66,946 | $66,946 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $167,668 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $211,884,091 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $208,568,368 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$12,815 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,328,538 | ExclusionAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,724,930 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $869,134 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,035,855 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,485,998 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PURCHASED POWER | $156,262,277 |
| DISTRIBUTION OPERATIONS | $13,296,056 |
| ADMIN. & GENERAL EXP. | $9,137,290 |
| DISTRIBUTION MAINTENANCE | $6,636,791 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,435,760 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $211,884,091 | 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 | $14,346,102 | BOYAmt |
| EOY | $12,661,486 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,950,256 | BOYAmt |
| EOY | $7,300,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,613,703 | BOYAmt |
| EOY | $22,190,937 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,806,412 | BOYAmt |
| EOY | $3,234,858 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,022,991 | BOYAmt |
| EOY | $30,629,840 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $331,579,680 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $142,435,632 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $182,930,025 | BOYAmt |
| EOY | $189,144,048 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,480,513 | BOYAmt |
| EOY | $31,521,993 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,893 | BOYAmt |
| EOY | $16,244 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $291,162,895 | BOYAmt |
| EOY | $296,699,406 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,561,360 | BOYAmt |
| EOY | $20,004,628 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,098,000 | BOYAmt |
| EOY | $51,031,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,023,823 | BOYAmt |
| EOY | $97,767,426 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,184,439 | BOYAmt |
| EOY | $30,732,239 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $192,867,622 | BOYAmt |
| EOY | $199,535,293 | 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 | $913,036 | BOYAmt |
| EOY | $925,521 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,382,237 | BOYAmt |
| EOY | $96,238,592 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,295,273 | BOYAmt |
| EOY | $97,164,113 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $291,162,895 | BOYAmt |
| EOY | $296,699,406 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$1,131,160 | 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 | $1,301,371 | OtherCostOrOtherBasisAmt |
| Book Value | $1,301,371 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $330,278,309 | OtherCostOrOtherBasisAmt |
| Depreciation | $142,435,632 | DepreciationAmt |
| Book Value | $187,842,677 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $189,144,048 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (13 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PATRONAGE CAPITAL - GA TRANSMISSION | $15,462,621 | C |
| OTHER INVESTMENTS - BEN HILL | $2,978,494 | C |
| PATRONAGE CAPITAL - SMARR EMC | $2,602,208 | C |
| PATRONAGE CAPITAL - NRUCFC | $2,569,906 | C |
| PATRONAGE CAPITAL - GROW | $2,304,869 | C |
| INVST IN CAPITAL TERM CERTIFICATES | $1,894,505 | C |
| PATRONAGE CAPITAL - COBANK | $1,854,600 | C |
| PATRONAGE CAPITAL - GRESCO | $973,127 | C |
| PATRONAGE CAPITAL - FEDERATED | $533,008 | C |
| PATRONAGE CAPITAL - NISC | $316,612 | C |
| OTHER INVESTMENTS IN ASSOC. OR | $128,114 | C |
| PATRONAGE CAPITAL - GSOC | $11,631 | C |
| INVESTMENT IN SUBSIDIARY | -$107,702 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $31,521,993 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCUM PROV FOR PENSION & BENEFITS | $16,399,562 |
| CONSUMER DEPOSITS | $11,988,744 |
| OTHER LIABILITIES | $2,123,150 |
| DEFERRED CREDITS | $220,783 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $30,732,239 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $212,951,091 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $1,067,000 | OtherRevenueAmt |
| Revenue Not Reported | $1,067,000 | RevenueNotReportedAmt |
| Revenue Subtotal | $211,884,091 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $211,884,091 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $208,159,161 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $208,159,161 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $3,724,930 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,724,930 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $211,884,091 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | DEFERRED REVENUE (ASC 980) 1,067,000 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | PATRONAGE CAPITAL CREDITS 3,724,930 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| 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 | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt |
|---|---|---|---|---|---|---|---|
| BRADLEY K THOMAS | |||||||
| PRES & CEO (RETIRED) | $11,459 | $1,960,212 | $108,534 | $8,740 | $2,088,945 | $1,960,212 | |
| SHAUN MOCK | |||||||
| PRESIDENT & CEO | $379,846 | $23,254 | $34,733 | $81,374 | $547,153 | $27,946 | |
| FRANK ASKEW | |||||||
| COO | $290,187 | $9,724 | $25,666 | $81,374 | $434,938 | $27,987 | |
| MIKE MILLIGAN | |||||||
| VP-ENGINEERING & IT | $259,940 | $6,280 | $14,606 | $74,314 | $378,097 | $22,957 | |
| DONALD RITCHEY | |||||||
| SVP-LINE SVCS | $235,449 | $5,780 | $34,215 | $14,239 | $317,351 | $27,668 | |
| KATIE JOHNSTON | |||||||
| SR VP - CORP SVCS | $210,577 | $7,780 | $33,434 | $58,410 | $337,389 | $27,188 | |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PAGE 1, PART I, LINE 4 | BRADLEY K. THOMAS 0 1,960,212 0 |
| SCHEDULE J, PART III | THE CORPORATION HAD ESTABLISHED AND PARTICIPATED IN A PENSION RESTORATION PLAN (PRP) THROUGH THE NATIONAL RURUAL ELECTIRC COOPERATIVE ASSOCIATION (NRECA) FOR KEY MANAGEMENT AND HIGHLY COMPENSATED EMPLOYEES WHOSE BENEFITS UNDER THE RS PLAN ARE RESTRICED BECAUSE OF IRS MAXIMUM LIMITATIONS ON BENEFITS OR COMPENSATION THAT MAY BE PROVIDED BY THE RS PLAN. UNDER PROVISIONS OF THE RS PLAN, THE CORPORATION HAD PREVIOSLY MADE CONTRIBUTIONS TO THE RS PLAN FOR BRADLEY K. THOMAS THROUGHOUT HIS EMPLOYMENTS. ACCORDINGLY, THE CORPORATION RECEIVED A CREDIT FROM NRECA FOR A LIKE AMOUNT THAT WAS USED TO OFFSET CURRENT YEAR CONTIRBUTIONS TO THE PLAN. UPON SEPERATION, THE CORPORATION WAS REQUIRED TO FUND THE PRP PAYOUT AND THESE PAYMENTS IN THE AMOUNT OF 1,960,212 HAVE BEEN INCLUDED AS A COMPONENT OF COMPENSATION IN COLUMN (B) (II). THE CORRESPONDING COMPENASATION PREVIOUSLY REPORTED IN COLUMN (C) ON PRIOR YEAR IRS FORM 990 FILINGS HAS BEEN REPORTED IN COLUMN (F) OF THE FORM 990 IN ACCORDANCE WITH APPLICABLE DISCLOSURE REQUIREMENTS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART V | THE DISCLOSED NUMBER OF EMPLOYEES REPORTED ON FORM W-3 IN QUESTION 2A REPORTS -0- EMPLOYEES OF SNAPPING SHOALS ELECTRIC MEMBERSHIP CORPORATION (EIN 58-0433463). SNAPPING SHOALS ENERGY MANAGEMENT CO. (EIN 58-2360640) REPORTS 251 SHARED PAID EMPLOYEES OF SNAPPING SHOALS ELECTRIC MEMBERSHIP CORPORATION (EIN 58-0433463). REQUIRED PAYROLL FILINGS ARE MADE AS REQUIRED BY SNAPPING SHOALS ENERGY MANAGEMENT CO. (EIN 58-2360640). SHARED PAID EMPLOYEES COMPENSATION MEETING THE PROVISIONS OF PART VII SECTION A. HAS BEEN REPORTED AS COMPENSATION FROM RELATED ORGANIZATIONS ACCORDINGLY. ADDITIONAL INFORMATION REGARDING THE SHARED EMPLOYEES IS DISCLOSED IN SCHEDULE R 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 MADE AVIABLE AND REVIEWED BY THE BOARD IN ITS ENTIRETY PRIOR TO FILING EACH YEAR. |
| 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 | CEO COMPENSATION IS REVIEWED AND APPROVED AS PROVIDED FOR IN THE COOPERATIVE'S POLICY 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 THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. |
| 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 VII | DIRECTORS OF THE CORPORATION HOLDING OFFICER POSITIONS AS PROVIDED FOR IN THE CORPORATION'S BYLAWS HAVE BEEN IDENTIFIED AS OFFICERS AND DIRECTORS/TRUSTEES IN COLUMN (C) OF SECTION A. DIRECTORS OF THE CORPORATION ARE COMPENSATED ON A PER DIEM BASIS FOR RENUMERATION OF FULFILLING THEIR DUTIES AS DIRECTORS. DIRECTORS ARE NOT EMPLOYEES OF THE CORPORATION. |
| FORM 990, PART XI, LINE 9 | MEMBERSHIP FEE 12,485 PATRONAGE CAPITAL ALLOCATIONS 3,724,930 RETIRED CAPITAL CREDIT - GAINS 2,710,470 REVENUE RECOGNIZED UNDER ASC 980 1,067,000 CHNAGE IN AOCI 293,101 DONATED CAPITAL 35,772 42,515 PATRONAGE CAPITAL CREDITS- RETIREMENTS -9,017,433 TOTAL -1,131,160 |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SNAPPING SHOALS ENERGY MANAGEMENT | BusinessNameLine1Txt |
| Business Name Line2 | COMPANY | BusinessNameLine2Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14750 BROWN BRIDGE RD | AddressLine1Txt |
| City | COVINGTON | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30016 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 582360640 | EIN |
| Primary Activities | PAY MASTER | PrimaryActivitiesTxt |
| Legal Domicile State | GA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SSEMC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C CORP | EntityTypeTxt |
| Share Of Total Income | -$31,740 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $1,758,151 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | 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 | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | 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 | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SNAPPING SHOALS ENERGY MANAGEMENT | BusinessNameLine1Txt |
| Business Name Line2 | COMPANY | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | O | TransactionTypeTxt |
| Involved | $34,631,040 | InvolvedAmt |
| Method Of Amount Determination | COST | MethodOfAmountDeterminationTxt |