2022-11-03T09:53:36-04:00 2021-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2021-01-01 580433463 SNAPPING SHOALS ELECTRIC MEMBERSHIP CORPORATION SNAP 7707863484 PO BOX 509 COVINGTON GA 300150509 SHAUN MOCK PRESIDENT & CEO 7707863484 2022-11-02 true SHAUN MOCK XXX-XX-XXXX H TERRELL MCMICHAEL JR P01259982 4787466277 2022-11-03 2021 2022-09-23 18:48:47Z SHAUN MOCK PO BOX 509 COVINGTON GA 30015 212107802 false X X 1936 GA 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. 11 11 0 -12815 0 193552526 210783793 1264703 945445 81205 154853 194898434 211884091 0 7177385 3724930 836953 869134 0 0 186884096 207290027 194898434 211884091 0 291162895 296699406 192867622 199535293 98295273 97164113 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. false false N/A false false false false false false false false false true false true false true false false true false false false false false false false false false false false true false false false false false false false false false false false true false false true X 71 0 true 0 false false false false false 206687606 1517342 false true false X 11 11 false false false false false true true true true false false true true true true true true true true false GA X SNAPPING SHOALS EMC 7707863484 PO BOX 509 COVINGTON GA 30015 X FRANK LINEBERGER CHAIRMAN 12.00 X X 32512 0 0 JAKE CARTER VICE CHAIRMA 5.00 X X 34505 0 0 LANCE HARPER SEC.- TREASU 5.00 X 34038 0 0 JEANETTE BERRY ASST SEC.-TR 8.00 X 19835 0 0 GENE MORRIS DIRECTOR 12.00 X X 42980 0 0 ALFRED FLANIGAN DIRECTOR 12.00 X 24330 0 0 WALTER JOHNSON DIRECTOR 8.00 X 18603 0 0 ANTHONY NORTON DIRECTOR 12.00 X 34410 0 0 MILLARD ROSS DIRECTOR 5.00 X 20971 0 0 JAMES WHITE DIRECTOR 8.00 X 31085 0 0 RUBY WOODS DIRECTOR 8.00 X X 28713 0 0 BRADLEY K THOMAS PRES & CEO ( 0.00 0.00 X 0 2080205 8740 SHAUN MOCK PRESIDENT & 50.00 0.00 X 0 437833 109320 FRANK ASKEW COO 50.00 X 0 325577 109361 MIKE MILLIGAN VP-ENGINEERI 50.00 X 0 280826 97271 DONALD RITCHEY SVP-LINE SVC 50.00 X 0 275444 41907 KATIE JOHNSTON SR VP - CORP 50.00 X 0 251791 85598 321982 3651676 452197 true true false CAPPSTONE ENERGY GROUP LLC PO BOX 2295 COVINGTON GA 30015 ENGINEERING CON 679085 WAGES GOLDSTAR ROOFING GUTTERS 1404 BRIGHTON PLACE LOGANVILLE GA 30052 REPAIRS & CONST 474285 JOE POWELL ASSOCIATES 6775 MEADOW LANE ALPHARETTA GA 30005 DATA STORAGE EQ 318833 NOBLES SYSTEMS CORPORATION SUITE 300 ATLANTA GA 30338 CRM SOFTWARE 228467 DONALD LEWIS III 342 SADDLE LAKE DR WILLIAMSON GA 30292 SUBSTATION MOVE 173873 5 ELECTRIC REVENUE 221000 206687606 206687606 POLE RENTAL 221000 2383093 2383093 OTHER CAPITAL CREDITS 939587 939587 G & T CAPITAL CREDITS 773507 773507 210783793 945445 945445 210896 223711 -12815 -12815 GAIN (LOSS) ON SALE OF PROPER 100722 100722 MISCELLANEOUS NONOPERATING IN 66946 66946 167668 211884091 208568368 -12815 3328538 3724930 869134 4035855 11485998 PURCHASED POWER 156262277 DISTRIBUTION OPERATIONS 13296056 ADMIN. & GENERAL EXP. 9137290 DISTRIBUTION MAINTENANCE 6636791 6435760 211884091 0 0 0 14346102 12661486 1950256 7300000 18613703 22190937 2806412 3234858 40022991 30629840 331579680 142435632 182930025 189144048 30480513 31521993 12893 16244 291162895 296699406 18561360 20004628 52098000 51031000 93023823 97767426 29184439 30732239 192867622 199535293 X 913036 925521 97382237 96238592 98295273 97164113 291162895 296699406 X 0 -1131160 X false true X true false 1301371 1301371 330278309 142435632 187842677 189144048 PATRONAGE CAPITAL - GA TRANSMISSION 15462621 C OTHER INVESTMENTS - BEN HILL 2978494 C PATRONAGE CAPITAL - SMARR EMC 2602208 C PATRONAGE CAPITAL - NRUCFC 2569906 C PATRONAGE CAPITAL - GROW 2304869 C INVST IN CAPITAL TERM CERTIFICATES 1894505 C PATRONAGE CAPITAL - COBANK 1854600 C PATRONAGE CAPITAL - GRESCO 973127 C PATRONAGE CAPITAL - FEDERATED 533008 C PATRONAGE CAPITAL - NISC 316612 C OTHER INVESTMENTS IN ASSOC. OR 128114 C PATRONAGE CAPITAL - GSOC 11631 C INVESTMENT IN SUBSIDIARY -107702 C 31521993 ACCUM PROV FOR PENSION & BENEFITS 16399562 CONSUMER DEPOSITS 11988744 OTHER LIABILITIES 2123150 DEFERRED CREDITS 220783 30732239 212951091 1067000 1067000 211884091 211884091 208159161 208159161 3724930 3724930 211884091 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 X X X X X false true false BRADLEY K THOMAS PRES & CEO (RETIRED) 11459 1960212 108534 8740 2088945 1960212 SHAUN MOCK PRESIDENT & CEO 379846 23254 34733 81374 27946 547153 FRANK ASKEW COO 290187 9724 25666 81374 27987 434938 MIKE MILLIGAN VP-ENGINEERING & IT 259940 6280 14606 74314 22957 378097 DONALD RITCHEY SVP-LINE SVCS 235449 5780 34215 14239 27668 317351 KATIE JOHNSTON SR VP - CORP SVCS 210577 7780 33434 58410 27188 337389 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. 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 SNAPPING SHOALS ENERGY MANAGEMENT COMPANY 14750 BROWN BRIDGE RD COVINGTON GA 30016 582360640 PAY MASTER GA SSEMC C CORP -31740 1758151 1.00000 true false false false false false false false false false false false false false false true false false false false SNAPPING SHOALS ENERGY MANAGEMENT COMPANY O 34631040 COST