2019-11-07T14:48:40-06:00 2018-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2018-01-01 580140201 AMICALOLA ELECTRIC MEMBERSHIP CORPORATION AMIC 7062535200 544 HWY 515 SOUTH JASPER GA 31043 TODD PAYNE PRESIDENT & CEO 7062535200 2019-11-06 true WILLIAM R ROUNTREE P01231836 4787466277 2019-11-07 98.175.202.218 2019-11-07 14:48:40 CS P BE799C77261EE06AB1BFE677EC220712838153C6 165CA17AB532D5519A9F26DF7B7031333B36404A 2018 2020-01-14 16:20:31Z TODD PAYNE 544 HWY 515 SOUTH JASPER GA 30143 94810811 false X HTTPS://WWW.AMICALOLAEMC.COM/ X 1940 GA TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. 9 9 160 0 2091 0 86695425 92698026 2478661 2112785 0 89174086 94810811 0 429055 9018201 600276 638591 0 0 87921248 84979704 88950579 94636496 223507 174315 161793773 170088488 82283342 89910202 79510431 80178286 TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. false false N/A false false false false false false false false false true false true true 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 35 0 true 160 true false false false false false 83769289 2191684 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 PENELOPE MARSHALL 7062535200 544 HWY 515 SOUTH JASPER GA 30143 CHARLES R FENDLEY CHAIRMAN 6.38 X X 31200 0 0 JOHN H BENNETT JR VICE CHAIRMA 9.81 X X 25750 0 0 RANDALL PONDER SEC.-TREAS. 3.52 X X 30000 0 0 TRAVIS CLINE DIRECTOR 5.13 X 29100 0 0 JAMES H BRYAN DIRECTOR 1.06 X 25200 0 0 KATHY BURT DIRECTOR 2.31 X 26400 0 0 WILLIAM LEON DAVIS DIRECTOR 6.29 X 30300 0 0 DAVID J PIERCE DIRECTOR 12.73 X 24300 0 0 REGGIE STOWERS DIRECTOR 4.71 X 30000 0 0 TODD PAYNE PRESIDENT & 50.00 X 282305 0 104036 PENELOPE MARSHALL SR. VP-FIN/A 50.00 X 202915 0 23486 SAMUEL OWENBY SR. VP-OPER/ 50.00 X 251561 0 64160 JOEL FELLOWS VP- OPERATIO 50.00 X 124194 0 24022 KENNETH PAYNE MNGR. OF EN 50.00 X 128724 0 59194 LARRY YOUNG PLANNING ENG 40.00 X 114818 0 11877 1356767 286775 10 false true false C M KITCHENS CONTRUCTION 2475-I MEADOWBROOK PARKWAY DULUTH GA 30096 CONSTRUCTION 3352158 PIKE ELECTRIC INC 100 PIKE WAY MOUNT AIRY NC 27030 LINE SERVICES 2249798 SWOFFORD CONSTRUCTION INC 6630 OAK RIDGE COMMERCE WAY AUSTELL GA 30168 CONSTRUCTION 2230937 TREELINE SERVICES LLC 1344 COUNTY ROAD 23 RANBURNE AL 36273 ROW SERVICES 1811916 SOUTHEAST WOODLAND SERVICES 431 CAINES LANDING RD CONWAY SC 29526 ROW SERVICES 332749 5 ELECTRIC REVENUE 221000 89869289 89869289 POLE RENTAL 221000 2141253 2141253 OTHER CAPITAL CREDITS 221000 408933 408933 G & T CAPITAL CREDITS 221000 278551 278551 92698026 2112785 2112785 94810811 92698026 2112785 9018201 638591 491444 3202111 6350682 PURCHASED POWER 57279287 DISTRIBUTION MAINTENANCE 8299532 OTHER EXPENSES 4269839 DISTRIBUTION OPERATIONS 2554418 2532391 94636496 0 0 0 929722 1008257 6876083 5899236 1624588 2161744 7331780 5488081 217227511 81312393 127186524 135915118 9810783 10324249 8034293 9291803 161793773 170088488 13164279 10809023 57298419 61151707 11820644 17949472 82283342 89910202 X 795839 812224 78714592 79366062 79510431 80178286 161793773 170088488 X 174315 493540 X false true X true true true 661746 661746 216565765 81312393 135253372 135915118 PAT CAP ASSOC COOPS-<1996 4694586 C PAT CAP ASSOC COOPS-GTC 4611229 C PAT CAP ASSOC COOPS-GRESCO 788744 C INVEST ASSOC ORGAN-GTC 741557 C PAT CAP ASSOC COOPS-SMARR 514630 C PAT CAP ASSOC COOPS-SEDC 299173 C OTHER INVESTMENTS -1325670 C 10324249 ACCRUED UTILITY REVENUE 5858987 POSTRETIREMENT HEALTHCARE BENEFITS 2068005 DEFERRED COMPENSATION 1340935 INTEREST & DIVIDENDS RECEIVABLE 23876 9291803 DEFERRED REVENUE - ASC 980 10800000 CONSUMER DEPOSITS 5808537 DEFERRED COMPENSATION 1340935 17949472 88710811 88710811 6100000 6100000 94810811 85618295 85618295 9018201 9018201 94636496 SCHEDULE D, PAGE 4, PART XI, LINE 4B DEFERRED REVENUE - ASC 980 6,100,000 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 9,018,201 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 UTILILZE 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 false false false TODD PAYNE PRESIDENT & CEO 225030 56522 753 74428 29608 386341 PENELOPE MARSHALL SR. VP-FIN/ACCTING 170234 31928 753 696 22790 226401 SAMUEL OWENBY SR. VP-OPER/ENGINING 40784 210777 49643 14517 315721 KENNETH PAYNE MNGR. OF ENGINEER 110977 17057 690 33045 26149 187918 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 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 BY THE BOARD 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 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 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 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 DONATED CAPITAL 199,018 CHANGE IN MEMBERSHIPS 16,385 RETIRED CAPITAL CREDITS GAINS 412,347 PATRONAGE CAPITAL CREDITS 9,018,201 REVENUE RECOGNIZED UNDER ASC 980 3,400,000 REVENUE DEFERRED UNDER ASC 980 -9,500,000 PATRONAGE CAPITAL CREDIT RETIREMENTS -3,052,411 TOTAL 493,540