2020-05-20T06:58:38-05:00 2019-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2019-01-01 580184715 CARROLL ELECTRIC MEMBERSHIP CORPORATION CARR 7708323552 155 N HWY 113 CARROLLTON GA 30117 TIMOTHY C MARTIN PRES & CEO 7708323552 2020-05-18 H TERRELL MCMICHAEL JR P01259982 4787466277 2020-05-20 98.175.202.218 2020-05-20 06:58:38 CD P 25F9B7C04C37FA469521EEC6F4E14D36AC5D002A 2A691A27AEE69F0890368BD6409197ED41B1F026 2019 2020-11-19 02:30:22Z TIMOTHY C MARTIN 122225195 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 9 164 0 0 119944998 120161543 2386035 2054195 22829 9457 122353862 122225195 0 10267439 7890515 735792 860342 0 0 111350631 113474338 122353862 122225195 0 242201041 257203747 134098468 141788561 108102573 115415186 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 107 0 true 164 true false false false false false 117718509 2174975 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 false GA X CARROLL EMC 7708323552 155 N HWY 113 CARROLLTON GA 301177501 RONNIE JORDAN CHAIRMAN 15.00 X X 49296 0 0 EMMETT HARROD VICE CHAIRMA 15.00 X X 37656 0 0 NAN PHILPOT SECRETARY/TR 12.00 X X 40506 0 0 DONNIE BRANNON DIRECTOR 16.00 X 33296 0 0 DON DEFOOR DIRECTOR 15.00 X 45736 0 0 ALVIN GINN DIRECTOR 15.00 X 42296 0 0 MAX GOLDIN DIRECTOR 16.00 X 51896 0 0 EDDIE GORE DIRECTOR 15.00 X 43896 0 0 LYNN JOYNER DIRECTOR 16.00 X 39896 0 0 TIMOTHY C MARTIN PRES & CEO 45.00 X 389290 0 86577 KEVIN J JOHNSTON CHIEF OPER. 45.00 X 251376 0 68064 SUSAN P LESTER VP MEMBER SE 45.00 X 265682 0 61374 JENNIFER HARMON VP., FIN. & 45.00 X 203032 0 55155 JAMES LAYTON SYSTEM ENGIN 45.00 X 182849 0 44184 JAY GILL VP COMM & EC 45.00 X 180286 0 50485 1856989 365839 26 false true false PROSOURCE UTILITY CONTRACTORS LLC P O BOX 197 BOWDON JUNCTION GA 30109 UTILITY SERVICE 757274 CAPPSTONE ENERGY GROUP LLC PO BOX 2295 COVINGTON GA 30015 ENGINEERING 466285 TOP GUN APPLICATION SERVICES 160 EUBANKS FARM RD INMAN SC 29349 ROW CLEARING 157904 U S PAYMENT LLC 1800 S BALTIMORE 4TH FLOOR TULSA OK 74119 PYMT TRANS PROC 118160 4 ELECTRIC REVENUE 221000 117699705 117699705 POLE RENTAL 221000 2064253 2064253 OTHER CAPITAL CREDITS 221000 397585 397585 120161543 2054195 2054195 GAIN ON DISPOSITION OF PROPER 9457 9457 9457 122225195 122225195 7890515 860342 1250978 4445715 9311574 PURCHASED POWER 79333629 ADMIN. & GENERAL EXP. 5438855 DISTRIBUTION MAINTENANCE 5344969 OTHER DEDUCTIONS 4807106 3541512 122225195 0 0 0 4089109 3876234 15952938 16033665 5932262 9267401 627363 599778 1809109 1737638 13998180 6284119 297881483 85367347 193345868 212514136 6439840 6692648 6372 198128 242201041 257203747 11173789 16116753 13500000 13500000 107629716 109740245 1794963 2431563 134098468 141788561 X 1394739 1507208 106707834 113907978 108102573 115415186 242201041 257203747 X 0 3936152 3376461 X false true X true false 192244 192244 297689239 85367347 212321892 212514136 CONSUMER DEPOSITS 1535783 DEFERRED CREDITS 895780 2431563 122225195 122225195 122225195 114334680 114334680 7890515 7890515 122225195 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL ALLOCATION 7,890,515 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 RURUAL UTILITIES SERVICE (RUS) IN 7.CFR.1767. THOSE PRACTICES UTILIZE ALLOCATION OF CERTAIN EXPENSES BASED ON LABOR CHARGES OR OTHER ALLOCATION BASES. AS A RESULT, IT WOULD REQUIRE SIGIFICANT EFFORT TO BREAK OUT EXPENSES IN 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 false true false TIMOTHY C MARTIN PRES & CEO 353549 17263 18478 76966 9611 475867 KEVIN J JOHNSTON CHIEF OPER. OFFICER 223223 19429 8724 59662 8402 319440 SUSAN P LESTER VP MEMBER SERVICES 221803 18994 24885 57931 3443 327056 JENNIFER HARMON VP., FIN. & ACCT 183315 19133 584 49476 5679 258187 JAMES LAYTON SYSTEM ENGINEER 168688 10466 3695 38364 5820 227033 JAY GILL VP COMM & ECON DEV 161825 15644 2817 44420 6065 230771 SCHEDULE J, PAGE 1, PART I, LINE 4 TIMOTHY C. MARTIN 0 18,840 0 KEVIN J. JOHNSTON 0 16,950 0 SUSAN P. LESTER 0 17,070 0 JENNIFER HARMON 0 9,562 0 JAY GILL 0 8,270 0 SCHEDULE J, PART III TOTAL DEFERRED COMPENSATION AMOUNTED TO 409,992 AND 307,410 PER AUDITED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2019 AND 2018, 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 112,469 CAPITAL CREDIT GAINS 5,730,545 PATRONAGE CAPITAL ALLOCATION 7,890,515 OTHER 225,109 ASC (980) 2,500,000 PATRONAGE CAPITAL RETIREMENT -9,476,989 OTHER COMPREHENSIVE INCOME -1,105,188 ASC (980) -2,500,000 TOTAL 3,376,461