HABERSHAM ELECTRIC MEMBERSHIP CORP: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: HABERSHAM ELECTRIC MEMBERSHIP CORP (EIN 58-0273635)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-09-08
IRS object ID: 202132519349300803
Schema version: 2020v4.0
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
Form 990
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-09-08T07:31:51-05:00	ReturnTs
Tax Period End	2020-12-31	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	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	580273635	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HABERSHAM ELECTRIC MEMBERSHIP CORP	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	HABE	BusinessNameControlTxt
Phone	7067542114	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6135 STATE HWY 115 W	AddressLine1Txt
City	CLARKESVILLE	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	305236761	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	BRYAN FERGUSON	PersonNm
Person Title	PRES/CEO	PersonTitleTxt
Phone	7068394138	PhoneNum
Signature	2021-08-31	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	BRYAN	PersonFirstNm
Person Last	FERGUSON	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JASON A PEACOCK	PreparerPersonNm
PTIN	P00978537	PTIN
Phone	4787466277	PhoneNum
Preparation	2021-09-08	PreparationDt

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	BRYAN FERGUSON	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6135 STATE HIGHWAY 115	AddressLine1Txt
City	CLARKESVILLE	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30523	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$70,876,881	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1937	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	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	98	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$70,580,839	PYProgramServiceRevenueAmt
CY Program Service Revenue	$69,973,089	CYProgramServiceRevenueAmt
PY Investment Income	$975,618	PYInvestmentIncomeAmt
CY Investment Income	$828,658	CYInvestmentIncomeAmt
PY Other Revenue	$132,701	PYOtherRevenueAmt
CY Other Revenue	$75,134	CYOtherRevenueAmt
PY Total Revenue	$71,689,158	PYTotalRevenueAmt
CY Total Revenue	$70,876,881	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$5,289,759	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$4,953,605	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$838,491	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$243,817	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$65,560,908	PYOtherExpensesAmt
CY Other Expenses	$65,679,459	CYOtherExpensesAmt
PY Total Expenses	$71,689,158	PYTotalExpensesAmt
CY Total Expenses	$70,876,881	CYTotalExpensesAmt
CY Revenues Less Expenses	$0	CYRevenuesLessExpensesAmt
Total Assets BOY	$140,073,883	TotalAssetsBOYAmt
Total Assets EOY	$152,067,176	TotalAssetsEOYAmt
Total Liabilities BOY	$85,288,522	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$94,767,416	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$54,785,361	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$57,299,760	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	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.	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	false	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
IRP Document	60	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	98	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
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	$67,212,973	MembersAndShrGrossIncomeAmt
Other Sources Gross Income	$1,160,135	OtherSourcesGrossIncomeAmt
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (true)	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (true)	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

Field	Value	IRS element (for citing)
Person	BRYAN FERGUSON	PersonNm
Phone	7067542114	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6135 STATE HIGHWAY 115	AddressLine1Txt
City	CLARKESVILLE	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30523	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
KELLY WILKINS
VP, FINANCE	51.00	Yes (X)	$195,190	$0	$67,803
GLENN PURCELL
VP OF TECHNO	47.00	Yes (X)	$189,272	$0	$46,860
JAMES COX
VP OF ENGINE	43.00	Yes (X)	$182,212	$0	$44,049
SANDRA G WELBORN
DIRECTOR, HR	47.00	Yes (X)	$135,186	$0	$53,889
JOE F MORRISON
LINE TECH. 1	58.00	Yes (X)	$132,726	$0	$16,563
BRYAN FERGUSON
PRES/CEO	45.00		$63,474	$0	$5,293	Yes (X)
DUSTIN HULSEY
DIRECTOR	4.74		$21,100	$0	$0		Yes (X)
WILLIAM A CANTRELL JR
SECRETARY-TR	7.46		$20,400	$0	$0	Yes (X)	Yes (X)
DAN THURMOND
DIRECTOR	5.88		$19,800	$0	$0		Yes (X)
DAVID WALL
CHAIRMAN (FE	7.32		$19,800	$0	$0	Yes (X)	Yes (X)
JEFF HERRIN
DIRECTOR	4.99		$19,000	$0	$0		Yes (X)
KENNETH MCENTIRE
DIRECTOR	5.19		$19,000	$0	$0		Yes (X)
RICK WOOD
DIRECTOR	5.67		$18,400	$0	$0		Yes (X)
VONDA GREENE
DIRECTOR (MA	6.69		$16,050	$0	$0		Yes (X)
FRANK MCCRACKIN
DIRECTOR (JA	2.02		$9,750	$0	$0		Yes (X)
JONATHAN D TAYLOR
DIRECTOR (JU	5.02		$9,050	$0	$0		Yes (X)
JEFF FERGUSON
CHAIRMAN (JA	3.38		$2,700	$0	$0	Yes (X)	Yes (X)
WHIT HOLLOWELL
INTERIM CEO	50.00		$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,073,110	TotalReportableCompFromOrgAmt
Total Other Compensation	$234,457	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	34	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Business Name Line2ContractorName/BusinessName/BusinessNameLine2Txt	Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
TOWNSEND TREE SERVICE CO LLC
MCALLISTER UTILITIES	PO BOX 7015	MUNCIE	IN	47308	ROW CLEARING	$1,859,214
DAVEY RESOURCE GROUP
	2035 GRASSLAND PKWY	ALPHARETTA	GA	30004	ROW CLEARING	$1,168,553
DENTON CONTRACTING INC
	2916 NAHUNTA RD	PIKEVILLE	NC	27863	FIBER INSTALL	$665,543
STANLEY SKINNER CABLE
	2448 HIGH RIVER RD	HIAWASSEE	GA	305465342	FIBER INSTALL	$555,527
MCCALL-THOMAS ENGINEERING COMPANY
	845 STONEWALL JACKSON BLVD	ORANGEBURG	SC	29115	ENGINEERING	$455,110

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	18	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	ExclusionExclusionAmt
ELECTRICITY SALES	221000	$67,112,030	$67,112,030
POLE RENTAL	221000	$998,033		$998,033
G & T CAPITAL CREDITS	221000	$919,814	$919,814
OTHER ELECTRIC REVENUE	221000	$516,047	$516,047
PATRONAGE CAP- ASSOC. ORG	221000	$427,165	$427,165

Field	Value	IRS element (for citing)
Total Program Service Revenue	$69,973,089	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$828,658	TotalRevenueColumnAmt
Exclusion	$828,658	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	GAIN ON DISPOSITION OF PROP.	Desc
Total Revenue Column	$75,134	TotalRevenueColumnAmt
Related Or Exempt Func Income	$75,134	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$75,134	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$70,876,881	TotalRevenueColumnAmt
Related Or Exempt Func Income	$69,050,190	RelatedOrExemptFuncIncomeAmt
Exclusion	$1,826,691	ExclusionAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$4,953,605	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$243,817	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,071,043	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$3,089,541	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$6,397,381	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
PURCHASED POWER	$39,899,999
DISTRIBUTION MAINTENANCE	$6,561,902
ADMIN & GENERAL	$3,732,393
DISTRIBUTION OPERATIONS	$2,529,341

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,397,859	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$70,876,881	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	$1,248,760	BOYAmt
EOY	$2,028,464	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$5,608,938	BOYAmt
EOY	$7,282,250	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$1,724,648	BOYAmt
EOY	$2,359,847	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$3,234,456	BOYAmt
EOY	$4,364,816	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$187,440,226	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$78,212,542	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$102,912,894	BOYAmt
EOY	$109,227,684	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$22,580,665	BOYAmt
EOY	$23,905,568	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$2,763,522	BOYAmt
EOY	$2,898,547	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$140,073,883	BOYAmt
EOY	$152,067,176	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$8,592,639	BOYAmt
EOY	$9,143,279	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$61,535,572	BOYAmt
EOY	$56,353,356	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
EOY	$12,300,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$15,160,311	BOYAmt
EOY	$16,970,781	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$85,288,522	BOYAmt
EOY	$94,767,416	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	$959,745	BOYAmt
EOY	$890,930	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$53,825,616	BOYAmt
EOY	$56,408,830	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$54,785,361	BOYAmt
EOY	$57,299,760	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$140,073,883	BOYAmt
EOY	$152,067,176	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	$2,514,399	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	$1,014,292	OtherCostOrOtherBasisAmt
Book Value	$1,014,292	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$186,425,934	OtherCostOrOtherBasisAmt
Depreciation	$78,212,542	DepreciationAmt
Book Value	$108,213,392	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$109,227,684	TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (15 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
INVESTMENT IN ASSOC. ORG - OPC	$13,576,740	C
INVESTMENT IN ASSOC. ORG - GTC	$4,389,687	C
INVESTMENT IN ASSOC. ORG - OTHER	$2,738,548	C
INVESTMENT IN ASSOC. ORG - GRESCO	$735,255	C
INVESTMENT IN CTC'S	$671,814	C
INVESTMENT IN ASSOC. ORG - CFC	$516,726	C
INVESTMENT IN CFC MEM. CAP. SEC	$325,000	C
INVESTMENT IN ASSOC. ORG - SEDC	$262,283	C
INVESTMENT IN ASSOC. ORG - FEDERATED	$245,858	C
INVESTMENT IN ASSOC. ORG - SEWELL CR	$230,293	C
INVESTMENT IN ASSOC. ORG - SMARR EMC	$186,783	C
INVESTMENT IN ASSOC. ORG - NISC	$23,142	C
INVESTMENT IN ASSOC. ORG - GSOC	$3,351	C
INVESTMENT IN ASSOC. ORG - NRTC	$78	C
INVESTMENT - PIONEER (RURALITE)	$10

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$23,905,568	TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
DEFERRED CREDITS	$10,095,997
ACCUM. PROV FOR POSTRETIREMENTS	$5,595,156
CONSUMER DEPOSITS	$1,279,628

Field	Value	IRS element (for citing)
Total Liability	$16,970,781	TotalLiabilityAmt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
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	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt
KELLY WILKINS
VP, FINANCE & ADMIN	$183,890	$9,523	$1,777	$47,100	$20,703	$262,993
GLENN PURCELL
VP OF TECHNOLOGY	$181,084	$8,188		$31,000	$15,860	$236,132
JAMES COX
VP OF ENGINEERING	$172,830	$6,962	$2,420	$29,859	$14,190	$226,261
SANDRA G WELBORN
DIRECTOR, HR	$122,895	$7,241	$5,050	$33,782	$20,107	$189,075

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 3	THE COOPERATIVE DELEGATED MANAGEMENT DUTIES TO AN INTERIM CEO THROUGH A MUTUAL AID AGREEMENT WITH COASTAL ELECTRIC COOPERATIVE. DURING THE YEAR ENDED DECEMBER 31, 2020, THE COOPERATIVE PAID COASTAL ELECTRIC COOPERATIVE 25,546 FOR MANAGEMENT SERVICES. IN ADDITION THE INTERIM CEO WAS DELGATED TO PROVIDE, AS AN IDEPENDENT CONTRACTOR, SERVICES AND DUTIES TO HEMC. THE NAME OF THE INDEPENDENT CONTRACTOR IS HOLLOWELL MANAGEMENT SERVICES AND WAS PAID 345,688 IN 2020. THE CONTRACT STATES, BUT IS NOT LIMITED TO, COMPENSATING THE ACTING CEO 37,881 PER MONTH. THE CONTRACT WAS TERMINATED ON SEPTEMBER 22, 2020 WHEN THE BOARD NAMED BRYAN FERGUSON AS THE CEO.
FORM 990, PAGE 6, PART VI, LINE 6	THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE AVAILABLE ON THE COOPERATIVE'S WEBSITE.
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 AVAILABLE ON THE COOPERATIVE'S WEBSITE.
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 AVAILABLE ON THE COOPERATIVE'S WEBSITE.
FORM 990, PAGE 6, PART VI, LINE 11B	FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING WITH ALL SUPPORTING DOCUMENTATION MADE AVAILABLE TO THEM.
FORM 990, PAGE 6, PART VI, LINE 12C	THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY. ANNUALLY, A FORM IS PROVIDED TO EACH DIRECTOR IN ORDER TO DISCLOSE ANY CONFLICTS OF INTEREST, OR POTENTIAL CONFLICTS OF INTEREST, AND TO CERTIFY COMPLIANCE WITH THE COOPERATIVE'S BOARD-CONFLICT OF INTEREST POLICY AND SECTION 3.03, QUALIFICATIONS OF DIRECTOR, OF THE COOPERATIVE'S BYLAWS. THE COOPERATIVE'S BOARD-CONFLICT OF INTEREST POLICY IS INCLUDED AS PART OF THE FORM 990 AND THE BYLAWS ARE AVAILABLE ON THE COOPERATIVE'S WEBSITE.
FORM 990, PAGE 6, PART VI, LINE 15A	CEO COMPENSATION IS REVIEWED AND APPROVED AS PROVIDED FOR IN THE COOPERATIVE'S WAGE, SALARY, AND COMPENSATION 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 AND FINANCIAL STATEMENTS AVAILABLE ON IT'S WEBSITE.
FORM 990, PART XI, LINE 9	PATRONAGE CAPITAL CREDITS 4,953,605 OTHER EQUITIES 2,744,632 DONATED CAPITAL 4,554 MEMBERSHIPS -68,815 DEFERRED REVENUE -1,000,000 OTHER COMPREHENSIVE INCOME -814,450 CAPITAL CREDIT RETIREMENTS -1,900,011 OTHER EQUITIES -1,405,116 TOTAL 2,514,399

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	TRAILWAVE FIBER INC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 25	AddressLine1Txt
City	CLARKESVILLE	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30523	ZIPCd

Field	Value	IRS element (for citing)
EIN	582469719	EIN
Primary Activities	BROADBAND	PrimaryActivitiesTxt
Legal Domicile State	GA	LegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	HEMC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Entity Type	C CORP	EntityTypeTxt
Share Of Total Income	$4,221,036	ShareOfTotalIncomeAmt
Share Of EOY Assets	$4,065,363	ShareOfEOYAssetsAmt
Ownership	1.00000	OwnershipPct
Controlled Organization	false	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	false	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