2019-10-14T11:52:09-05:00 2018-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2018-01-01 580197945 COASTAL ELECTRIC MEMBERSHIP CORP COAS 9128843311 PO BOX 109 MIDWAY GA 31320 CHRISTOPHER W FETTES CURRENT CEO 9128843311 2019-10-15 true WILLIAM R ROUNTREE P01231836 4787466277 2019-10-14 98.175.202.218 2019-10-14 11:52:09 CD P BE799C77261EE06AB1BFE677EC220712838153C6 165CA17AB532D5519A9F26DF7B7031333B36404A 2018 2020-03-31 21:24:44Z ATTN EMILY S CANNON CHRISTOPHER W FETTES PO BOX 109 MIDWAY GA 31320 60769841 false X HTTP://WWW.COASTALEMC.COM X 1940 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. 9 9 74 0 368 0 58081344 60678263 41775 91578 0 58123119 60769841 0 3669831 8510451 503567 556881 0 0 53900375 51607537 58073773 60674869 49346 94972 109551464 120523098 71939659 75515025 37611805 45008073 X 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 60117988 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. 556881 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. 556881 60674869 false false false false false false false false false true false true 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 X 57 0 true 74 true false false false false false 59638265 203648 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 COASTAL EMC 9128843311 PO BOX 109 MIDWAY GA 31320 JACK WATERS PRESIDENT 10.12 X X 35168 0 0 JOHN T WOODS III VICE-PRESIDE 7.63 X X 27985 0 0 LAURA MCGEE SECRETARY-TR 9.23 X X 16786 0 0 WILLIAM L BLAND DIRECTOR 1.73 X 14340 0 0 JOHN B KEARNS DIRECTOR 2.25 X 12286 0 0 KEN P LUKE DIRECTOR 1.80 X 9811 0 0 KYLE CHRISTIANSEN DIRECTOR 3.75 X 9461 0 0 HOLLY FIELDS DIRECTOR 4.20 X 13801 0 0 REAGAN ODOM DIRECTOR 5.53 X 15034 0 0 FRANK HOLLOWELL JR CEO THRU 12. 50.00 X 278712 0 123498 CHRISTOPHER W FETTES CURRENT CEO 50.00 X 163207 0 67655 JOHN M BOLTON VP MKTNG & E 50.00 X 154307 0 50229 STEPHEN C GODLEY VP CUSTOMER 50.00 X 135062 0 52157 EMILY CANNON VP FINANCE & 50.00 X 136949 0 46838 DAPHANIE HARRIS HR MANAGER 50.00 X 109113 0 35763 1132022 376140 6 false true false LEE ELECTRICAL CONSTRUCTION INC 1282 HWY 15 501 SOUTH ADERDEEN NC 28315 CONSTRUCTION 588785 LEEFIELD LOGISTICS LLC 248 PULASKI ROAD STATESBORO GA 30458 LOGISTICS 130754 2 ELECTRICITY SALES 221000 59638265 59638265 PATRONAGE CAPITAL 221000 847695 847695 RENTAL 221000 192303 192303 60678263 91578 91578 60769841 60678263 91578 8510451 8510451 556881 556881 2459945 2459945 3521201 3521201 PURCHASED POWER 36572440 36572440 DISTRIBUTION OPERATIONS 2485164 2485164 ADMINISTRATIVE & GENERAL 2222638 2222638 CONSUMER ACCOUNTS 2032480 2032480 2313669 2313669 60674869 60674869 0 0 5143001 11876358 5110194 4935384 43357 1445097 3272794 1671057 824011 112611085 26500477 83485475 86110608 12692697 13456645 3943 3941 109551464 120523098 6095151 7006116 64729036 67319359 1115472 1189550 71939659 75515025 X 79700 82725 37532105 44925348 37611805 45008073 109551464 120523098 X 94972 7301296 X false true X true false 1116318 1116318 111494767 26500477 84994290 86110608 INV. IN ASSOCIATED ORGS-PATCAP 12529213 C OTHER INVESTMENTS 451618 C INVESTMENT IN CTC'S 387216 C INVESTMENT IN STOCK 88598 C 13456645 CONSUMER DEPOSITS 1189550 1189550 60769841 60769841 60769841 52164418 52164418 8510451 8510451 60674869 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 8,510,451 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 RURAL UTILITES 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 SIGNIFICANT EFFORT TO BREAK OUT EXPENSES IN THE 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 X X X false false false FRANK HOLLOWELL JR CEO THRU 12.31.2018 263685 15027 104276 19222 402210 CHRISTOPHER W FETTES CURRENT CEO 154942 8265 54886 12769 230862 JOHN M BOLTON VP MKTNG & ECON DEV 140800 13507 37460 12769 204536 STEPHEN C GODLEY VP CUSTOMER SERVICES 122540 12522 41590 10567 187219 EMILY CANNON VP FINANCE & ACCOUNT 133147 3802 40888 5950 183787 FORM 990, PAGE 2, PART III, LINE 4D 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. FORM 990, PART V PART V, LINE 3A - THE CORPORATION FILED FORM 990-T FOR THE YEAR ENDED DECEMBER 31, 2018, ALTHOUGH THEY DID NOT HAVE ANY GROSS REVENUE FROM AN UNRELATED BUSINESS ACTIVITY. THE FILING REQUIREMENT FOR FORM 990-T WAS A DIRECT RESULT OF IRC SECTION 512(A)(7), WHICH REQUIRES TAX-EXEMPT ORGANIZATIONS TO INCREASE THEIR UBTI BY THE AMOUNT OF EMPLOYEE PARKING EXPENSES THAT WOULD BE NONDEDUCTIBLE IF THEY WERE SUBJECT TO THE SAME DEDUCTION DISALLOWANCE RULES AS TAXABLE ENTITIES. FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS 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 BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. 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 COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE BOARD 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 COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE CEO AS PRESCRIBED BY THE COOPERATIVE'S WAGE AND SALARY PLAN. 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 XI, LINE 9 CHANGE IN MEMBERSHIP FEES 3,025 RETIRED CAPITAL CREDITS - GAIN 597,437 PATRONAGE CAPITAL CREDITS 8,510,451 RETIRED CAPITAL CREDITS -1,809,617 TOTAL 7,301,296