2019-02-27T16:35:24-06:00 2017-12-31 582475857 NICHOLS CAULEY & ASSOCIATES LLC 400 CORDER ROAD WARNER ROBINS GA 310887166 990 2017-01-01 580264525 GRADY ELECTRIC MEMBERSHIP CORPORATION GRAD 2293774182 1499 Hwy 84W Cairo GA 39828 SELETA MASON CFO 2293774182 2019-02-27 1 MARLAN L NICHOLS P00634242 4789293888 2019-02-27 64.88.174.3 2019-02-27 13:48:42 US P ACE31EE7A0A8535D0213BD6DA71A2A33EE4D1634 6B8F72386B27B09CB7A363C3DD18D6DB319F288E 2017 2019-02-21 02:37:17Z SELETA MASON PO BOX 270 CAIRO GA 39828 42572414 0 X www.gradyemc.com X 1937 GA SALE OF ELECTRICITY TO COOPERATIVE MEMBERS. 7 7 80 0 0 0 0 0 41462616 42245532 160837 202541 50661 54950 41674114 42503023 0 0 2113299 3140094 301763 274346 0 0 0 39141981 38948462 41557043 42362902 117071 140121 107299076 114410108 58649533 64657255 48649543 49752853 PROVIDE MEMBERS WITH ELECTRICITY. 0 0 42362902 SALE OF ELECTRICITY TO COOPERATIVE MEMBERS. THE COOPERATIVE SERVES APPROXIMATELY 13,273 MEMBERS. 42362902 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 38 0 1 80 1 0 0 0 0 0 0 0 41507603 995420 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 GA X JOHN LONG INTERIM CEOPRESIDENT 2293774182 1499 HIGHWAY 84 W PO BOX 270 CAIRO GA 39828 JAMES M LEWIS DIRECTOR 4.00 X 9403 0 4656 DEWEY BROCK JR SECRETARY/TREASURER 5.00 X X 6848 0 4656 RONALD SELLARS DIRECTOR 4.00 X 6848 0 4656 EARL STUCKEY CHAIRMAN 4.00 X X 8582 0 8583 HESTELL DONALDSON DIRECTOR 4.00 X 0 0 0 J MARK CLARK VICE CHAIRMAN 4.00 X X 3258 0 0 GORDON CLYATT DIRECTOR 4.00 X 2 0 0 THOMAS A ROSSER JR PRESIDENT/GENERAL MANAGER 50.00 X 196288 0 33804 PAT REED CHIEF FINANCIAL OFFICER 50.00 X 106152 0 71209 JEFFERY REHBERG INSIDE OPERATIONS MANAGER 50.00 X 103761 0 48985 GARY POPPELL CREW WORKER LEADER 50.00 X 110029 0 33998 REX ROBINSON JR ENGINEERING MANAGER 50.00 X 100490 0 21361 TONY HURST CREW WORKER LEADER 50.00 X 103323 0 23330 754984 0 255238 6 0 1 0 ABC PROFESSIONAL TREE SERVICE 201 FLINT RIDGE ROAD WEBSTER TX 77598 TREE SERVICE 884756 MEALOR CONSTRUCTION INC 3593 ATLANTA HWY MADISON GA 30650 RIGHT OF WAY CLEARING 580930 PIKE ELECTRIC LLC PO BOX 1000 MEMPHIS TN 38148 CONSTRUCTION 543207 3 SALE OF ELECTRICITY 221000 41437257 41437257 POLE & TOWER RENT 221000 455093 455093 CAPITAL CREDIT ALLOCATIONS 221000 353182 353182 42245532 132195 132195 139737 69391 70346 70346 70346 OTHER NON-OPERATING INCOME 221000 54950 54950 54950 42503023 41507603 0 995420 X 3140094 274346 1545269 3276845 COST OF POWER 24474995 DISTRIBUTION MAINTENANC 3568804 GENERAL AND ADMINISTRAT 2417928 DISTRIBUTION OPERATIONS 2233770 1430851 42362902 1225665 1549490 3474230 4330868 2215386 2215386 532777 551022 237136 206009 109538261 25801264 80310775 83736997 19303107 21820336 107299076 114410108 5162930 5501338 48375665 52044866 5110938 7111051 58649533 64657255 X 66470 66365 0 0 48583073 49686488 48649543 49752853 107299076 114410108 X 140121 963189 X X 0 1 X 1 0 514169 514169 109024092 25801264 83222828 83736997 CAPITAL CREDITS - OPC 9134080 C CAPITAL CREDITS - GTC 2409649 C CAPITAL CREDITS - COBANK 525320 C CAPITAL CONTRIBUTION - GTC 568625 C CAPITAL CREDITS - GRESCO 786357 C CAPITAL CREDITS - GSOC 2440 C CAPITAL CREDITS - SEDC 170666 C CAPITAL CREDITS - FEDERATED 204897 C CAPITAL CONTRIBUTION - GEC 4000 C CAPITAL CREDITS - GEC 3256715 C STOCK CERTIFICATES - SEDC 100 C CAPITAL CREDITS - NRUCFC 185098 C MEMBERSHIP FEES IN ASSOCIATED ORGANIZATIONS 3225 C SOWEGA ENERGY RESOURCES, LLC 631898 C GRADY EMC HOLDING CORPORATION 1291193 C CAPITAL CREDITS - GREEN POWER EMC 5791 C CAPITAL CREDITS - NRTC 1037 C CAPITAL TERM CERTIFICATES - NRUCFC 574989 C NON-UTILITY PROPERTY, NET 1649256 C SSFF HOLDINGS LLC 415000 C 21820336 POSTRETIREMENT BENEFITS OBLIGATION 5574523 CONSUMER DEPOSITS 1536528 7111051 X 43656850 1293948 1293948 42362902 140121 140121 42503023 40516756 1293948 1293948 39222808 3140094 3140094 42362902 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 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. Part XI, Line 2d - Other Adjustments: G&T PATRONAGE ALLOCATIONS REFLECTED AS REDUCTION IN EXPENSES ON FORM 990 1,293,948. Part XI, Line 4b - Other Adjustments: K-1 FLOW THROUGH LOSS FROM SOWEGA ENERGY RESOURCES, LLC IN EXCESS OF BOOKS 140,121. Part XII, Line 2d - Other Adjustments: G&T PATRONAGE ALLOCATION REFLECTED IN REVENUES IN AUDITED FINANCIAL STATEMEN 1,293,948. Part XII, Line 4b - Other Adjustments: BENEFITS PAID TO MEMBERS 3,140,094. X X 0 0 0 THOMAS A ROSSER JR PRESIDENT/GENERAL MANAGER 196288 0 0 0 0 0 21787 0 12017 0 230092 0 0 0 PAT REED CHIEF FINANCIAL OFFICER 106152 0 0 0 0 0 60136 0 11073 0 177361 0 0 0 JEFFERY REHBERG INSIDE OPERATIONS MANAGER 103761 0 0 0 0 0 37913 0 11072 0 152746 0 0 0 GEORGIA ENERGY COOPERATIVE POWER SUPPLIER 11684701 PURCHASED POWER CONTRACT and cooperative representative is on board 0 SOWEGA ENERGY RESOURCES SUBSIDIARY CEO SERVES ON BOARD 0 SOWEGA HOLDING CORPORATION SUBSIDIARY CEO SERVES ON BOARD 0 GRADY EMC HOLDING CORPORATION SUBSIDIARY CEO SERVES ON BOARD 0 BACONTON POWER LLC SUBSIDIARY 361072 PROVIDE ACCOUNTING SERVICES AND UTILITY SERVICES 0 Schedule L, Part V The Company has representatives that sit on the Boards of various entities including:Georgia Energy CooperativeSOWEGA Energy ResourcesSOWEGA Holding CorporationGrady EMC Holding CorporationBaconton Power, LLC 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 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 BY-LAWS CHANGES, MUST BE APPROVED BY THE MEMBERS. Form 990, Part VI, Section B, line 11b FORM 990 WAS REVIEWED WITH THE BOARD OF DIRECTORS AND CERTAIN MEMBERS OF MANAGEMENT BY THE CERTIFIED PUBLIC ACCOUNTING FIRM THAT PREPARED THE FORM 990. Form 990, Part VI, Section B, line 12c The Board discusses the conflict of interest policy each year during the presentation of the tax return to the board. The board monitors all distributions monthly to vendors and inquires of directors any conflicts annually. We recommend the board of directors and officers be required to file a conflict of interest statement annually. This statement should be reviewed at a meeting of the directors and during the presentation of the annaul tax return to the board of directors. Form 990, Part VI, Section B, line 15a THE BOARD OF DIRECTORS APPROVES THE GENERAL MANAGER'S COMPENSATION ON AN ANNUAL BASIS USING WAGE STUDIES AND VARIOUS OTHER CRITERIA. ANNUAL COMPENSATION FOR CERTAIN OTHER EMPLOYEES IS INITIALLY SET BY THE GENERAL MANAGER AND IS THEN SUBJECT TO DIRECTORS' APPROVAL. Form 990, Part VI, Section C, line 19 SUCH INFORMATION IS AVAILABLE TO THE PUBLIC UPON RECEIPT OF A REASONABLE REQUEST. Form 990, Part IX, line 24e CONSUMER ACCOUNTS 1,420,824. TAXES 10,027. Form 990, Part XI, line 9: CHANGE DUE TO INCREASE IN MEMBERSHIPS -105. CHANGE DUE TO REFUNDS OF ESTATE CAPITAL CREDITS -687,105. INCREASE IN OTHER EQUITIES DUE TO DISCOUNTS ON ESTATE CAPITAL CREDITS 411,726. K-1 FLOW THROUGH GAIN FROM SOWEGA ENERGY RESOURCES, LLC IN EXCESS OF BOOK -140,121. PATRONAGE CAPITAL ALLOCATED TO MEMBERS 3,140,094. CHANGE IN UNRECOGNIZED NET ACTUARIAL LOSSES -1,761,300. Form 990, Part XII, Line 2c: THE CORPORATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. SUGAR CANE PROPERTIES LLC 1499 HIGHWAY 84 WEST CAIRO GA 39828 453188451 REAL ESTATE GA -7263 1658727 GRADY ELECTRIC MEMBERSHIP CORPORATION SOWEGA ENERGY RESOURCES LLC 1499 HIGHWAY 84 WEST CAIRO GA 39828 582538051 ELECTRIC POWER GENERATION GA 0 0 GRADY EMC HOLDING CORPORATION 1499 HIGHWAY 84 WEST CAIRO GA 39828 421580055 ELECTRIC POWER GENERATION GA N/A C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0