2021-03-06T10:00:32-06:00 2020-12-31 582475857 NICHOLS CAULEY & ASSOCIATES LLC 400 CORDER ROAD WARNER ROBINS GA 31088 990 2020-01-01 580372535 OCONEE ELECTRIC MEMBERSHIP CORPORATION OCON 4786763191 PO BOX 37 DUDLEY GA 31022 TERRI HOWARD PRESIDENT/CEO 4786763191 2021-02-27 1 TERRI HOWARD 999009999 CAL BRANTLEY CPA P00636393 4789293888 2021-02-27 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z TERRI HOWARD 3445 US HIGHWAY 80 WEST DUDLEY GA 31022 28988736 0 X WWW.OCONEEEMC.COM X 1938 GA TO PROVIDE ELECTRIC SERVICE TO ITS MEMBERS. 7 7 42 0 0 0 0 0 29729495 28687448 31837 26815 253898 274473 30015230 28988736 0 3138 1654618 1573029 268720 281973 0 0 0 28091892 27130596 30015230 28988736 0 0 80202285 81431608 47560445 47491461 32641840 33940147 TO PROVIDE ELECTRIC SERVICE TO ITS MEMBERS. 0 0 28988736 TO PROVIDE ELECTRIC SERVICE TO ITS MEMBERS. 28988736 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 26 0 1 42 1 0 0 0 0 0 0 0 27945541 768722 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X PAM BALLARD 4786763191 3445 US HIGHWAY 80 WEST DUDLEY GA 31022 JUANITA F AUSTIN DIRECTOR/ASST SEC/TREAS 2.00 X X 7250 0 0 AMY S ORR DIRECTOR/CHAIR 2.00 X X 7102 0 0 CHARLES B GRACE DIRECTOR/VICE CHAIR 2.00 X X 7173 0 0 JAMES H DAVIS DIRECTOR/SECRETARY/TREAS 2.00 X X 7922 0 0 H DAVID GREEN DIRECTOR 2.00 X 8673 0 0 DENNIS W HOLDER SR DIRECTOR 2.00 X 8411 0 0 WENDELL KNIGHT DIRECTOR 2.00 X 8368 0 0 TERRI HOWARD PRESIDENT/CEO 40.00 X 171975 0 55098 AUTREY HOWARD SR MGR ENG/OPS 40.00 X 131221 0 58083 ROBERT HARRISON DIRECTOR PURCHASING SAFETY 40.00 X 105954 0 38157 DARYL ROZAR OPER. SUPERINTENDENT (RETIRED 2020) 40.00 X 103453 0 3160 JASON WHITTINGTON IT MANAGER 40.00 X 104789 0 48741 672291 0 203239 5 0 1 0 MCKINNON INC PO BOX 117 MCRAEHELENA GA 31037 TREE TRIMMING AND REMOVAL 862812 PIKE ELECTRIC LLC PO BOX 746308 ATLANTA GA 303746308 LINE CONSTRUCTION SYSTEM IMPROVEMENTS 566714 CAPPSTONE ENERGY GROUP LLC PO BOX 2295 COVINGTON GA 30015 GPS PROJECT & WORK PLAN CONSULTING 133633 3 X ELECTRIC SALES 221000 27945541 27945541 PATRONAGE DIVIDENDS 221000 787335 787335 MISCELLANEOUS 221000 -45428 -45428 28687448 26815 26815 274473 0 274473 274473 274473 28988736 28961921 0 26815 X 3138 1573029 281973 27590 27872 38895 207296 1604076 2327698 COST OF POWER 16305584 DISTRIBUTION MAINTENANC 2624739 DISTRIBUTION OPERATIONS 1597881 ADMINISTRATIVE AND GENE 1216829 1152136 28988736 674582 587222 2441654 2273684 746761 690321 259782 227547 83488534 24943928 57383966 58544606 15579990 16235349 3115550 2872879 80202285 81431608 2264074 2276184 37081725 35091916 8214646 10123361 47560445 47491461 X 66430 67005 917 917 32574493 33872225 32641840 33940147 80202285 81431608 X 0 1298307 X X 0 0 0 83488534 24943928 58544606 58544606 PATRONAGE CAPITAL - OPC 12596869 C PATRONAGE CAPITAL - NRUCFC 1326650 C PATRONAGE CAPITAL - GRESCO 738958 C PATRONAGE CAPITAL - NRTC 56153 C OTHER 3115 C CAPITAL TERM CERTIFICATES - NRUCFC 827427 C PATRONAGE CAPITAL - PRTC 168299 C FEDERATED RURAL ELECTRIC INSURANCE 124653 C SMARR EMC 27862 C PATRONAGE CAPITAL - SEDC 103894 C ECONOMIC DEVELOPMENT FUNDS-OTHER INVESTMENT 260000 C PATRONAGE CAPITAL - GREEN POWER EMC 1469 C 16235349 CONSUMER DEPOSITS 1215806 PROVISION FOR PENSIONS AND BENEFITS 1342472 PROVISION FOR SICK LEAVE 662688 ACCRUED INTEREST PAYABLE 378666 ACCRUED ANNUAL LEAVE 162003 ACCRUED PAYROLL 147266 DEFERRED CREDITS AND REVENUES 5886016 ACCRUED SALES TAX 109398 ACCRUED PROPERTY AND FRANCHISE TAXES 212169 UNAMORTIZED GAIN ON REQUIRED DEBT 6877 10123361 X PART X, LINE 2: THE CORPORATION OPERATES UNDER THE INTERNAL REVENUE CODE, SECTION 501(C)(12), AS A TAX-EXEMPT COOPERATIVE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS. THE CORPORATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ANNUAL AUDIT IS PERFORMED ON A FISCAL YEAR BASIS AS OF EACH JULY 31. X X 0 0 0 TERRI HOWARD PRESIDENT/CEO 169374 0 0 0 2601 0 42867 0 12231 0 227073 0 0 0 AUTREY HOWARD SR MGR ENG/OPS 129860 0 0 0 1361 0 33592 0 24491 0 189304 0 0 0 JASON WHITTINGTON IT MANAGER 104317 0 0 0 472 0 27754 0 20987 0 153530 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUALS AND ENTITIES REQUESTING SERVICE ARE REQUIRED TO PAY A ONE-TIME MEMBERSHIP FEE. FORM 990, PART VI, SECTION A, LINE 7A THE CORPORATION HAS SEVEN MEMBERS OF ITS BOARD OF DIRECTORS. A BOARD ELECTION IS HELD ANNUALLY IN CONJUNCTION WITH THE CORPORATION'S ANNUAL MEMBER MEETING. THE MEMBERS ARE THE ONLY ONES ALLOWED TO VOTE IN THE ANNUAL ELECTION OF BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS, SUCH AS CHANGES TO THE CORPORATION'S CORPORATE BY-LAWS, MUST BE PRESENTED TO AND APPROVED BY THE MEMBERS. GENERALLY, SUCH CHANGES, IF ANY, ARE PRESENTED AT THE CORPORATION'S ANNUAL MEMBER MEETING. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS REVIEWED WITH THE BOARD OF DIRECTORS BY THE ACCOUNTING FIRM THAT PREPARED THE FORM 990 ALONG WITH CERTAIN MEMBERS OF MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY WAS APPROVED BY THE BOARD OF DIRECTORS EFFECTIVE DECEMBER 31, 2008. THIS POLICY IS REVIEWED ANNUALLY WITH THE BOARD OF DIRECTORS BY THE CEO. FORM 990, PART VI, SECTION B, LINE 15 THE CEO SUBMITS A REPORT TO THE BOARD OF DIRECTORS USING THE CEO PERFORMANCE ASSESSMENT FORM. THE BOARD THEN RATES THE CEO'S PERFORMANCE. USING THE CURRENT YEAR NRECA COMPENSATION SURVEY, THE BOARD THEN DETERMINES THE AMOUNT OF ANNUAL INCREASE FOR THE CEO. THE CEO RATES THE EMPLOYEE'S PERFORMANCE. USING THE CURRENT YEAR NRECA COMPENSATION SURVEY, THE CEO THEN DETERMINES THE AMOUNT OF ANNUAL INCREASE FOR THE EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 SUCH INFORMATION IS AVAILABLE TO THE PUBLIC UPON RECEIPT OF A REASONABLE REQUEST. FORM 990, PART VIII, LINE 2 PATRONAGE DIVIDENDS RESULT FROM THE PAYMENT OF INTEREST TO COOPERATIVE FINANCIAL INSTITUTIONS AND THE PURCHASE OF WHOLESALE POWER, SUPPLIES AND SERVICES FROM OTHER COOPERATIVE ORGANIZATIONS. THE EXPENSE ASSOCIATED WITH PURCHASES FROM AND PAYMENTS TO SUCH COOPERATIVE ORGANIZATIONS ARE A DIRECT COMPONENT OF THE COST OF THE ELECTRIC SERVICE PROVIDED BY THE CORPORATION TO ITS MEMBERS. FORM 990, PART IX, LINE 24E CONSUMER ACCOUNTS 863,237. CUSTOMER SERVICE AND INFORMATIONAL 134,281. TAXES 120,508. ANNUAL MEETING 29,274. RENTS 4,836. FORM 990, PART IX THE ACCOUNTING RECORDS OF THE CORPORATION ARE MAINTAINED IN ACCORDANCE WITH THE ACCOUNTING PRACTICES PRESCRIBED BY THE RURAL UTILITIES SERVICE (RUS) OF THE UNITED STATES DEPARTMENT OF AGRICULTURE. THESE ACCOUNTING PRACTICES DO NOT RECORD EXPENSES IN THE GENERAL EXPENSE CATEGORIES PROVIDED ON PART IX, LINES 1 - 23. THE CORPORATION SEPARATELY REPORTS CERTAIN EXPENSE CLASSIFICATIONS, BUT OTHER EXPENSES THAT ARE DESCRIBED IN LINES 1 - 23 WILL BE REPORTED ON LINE 24 UNDER THE EXPENSE CATEGORIES REQUIRED BY RUS. FORM 990, PART XI, LINE 9: CAPITAL CREDITS RETIRED -381,841. DONATED CAPITAL 1,162. INCREASE IN MEMBERSHIPS 575. PATRONAGE CAPITAL ALLOCATED TO MEMBERS 1,573,029. CAPITAL CREDIT GAINS 105,382. FROM 990, PART XII, LINE 2C: THE CORPORATION'S PROCESS HAS NOT CHANGED IN THE PAST YEAR. OCONEE EMC FOUNDATION INC PO BOX 37 DUDLEY GA 31022 050593465 SUPPORT OF LOCAL CHARITABLE ORGANIZATIONS GA 501(C)(3) 170(B)(1) (A)(VI) N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 OCONEE EMC FOUNDATION INC R 65384 FMV