2019-10-22T10:20:36-05:00 2018-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2018-01-01 580465897 DIVERSE POWER INCORPORATED DIVE 7068452000 1400 SOUTH DAVIS ROAD LAGRANGE GA 30241 R WAYNE LIVINGSTON PRES/CEO, TREAS 7068452000 2019-10-21 true WILLIAM R ROUNTREE P01231836 4787466277 2019-10-22 98.175.202.218 2019-10-22 10:20:36 CD P BE799C77261EE06AB1BFE677EC220712838153C6 165CA17AB532D5519A9F26DF7B7031333B36404A 2018 2020-03-31 21:24:44Z ATTN ANDREW KILGORE R WAYNE LIVINGSTON 1400 SOUTH DAVIS ROAD LAGRANGE GA 30241 96239975 false X SEE SCHEDULE O X 1936 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. 10 10 131 -404 0 84881735 96075721 18414 135815 -1902 28439 84898247 96239975 0 1538205 3771796 572535 614723 0 0 82770995 91689202 84881735 96075721 16512 164254 186235248 203235313 121111376 136224153 65123872 67011160 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 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 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 28 0 true 131 true false false false false false 92873374 825737 false false false X 10 10 false false false false true true true true true false false true true true true true true true true false GA X DIVERSE POWER INCORPORATED 7068452000 1400 SOUTH DAVIS RD LAGRANGE GA 30241 JIMMY G BAILEY CHAIRMAN 17.90 X X 27975 0 0 RICHARD WILLIAMS VICE CHAIRMA 12.90 X X 20688 0 0 CHERYL MEADOWS SECRETARY 12.90 X X 22184 0 0 DAVID MURPHY DIRECTOR 7.40 X 20433 0 0 ROY TOLLERSON JR DIRECTOR 8.00 X 17480 0 0 LARRY WILLIAMSON DIRECTOR 10.00 X 22389 0 0 HARRELL LANDRETH DIRECTOR 8.00 X 20780 0 0 WILLIAM COUCH DIRECTOR 6.60 X 21990 0 0 LARRY KEITH DIRECTOR 8.00 X 23882 0 0 CHARLES KNIGHT DIRECTOR 8.00 X 21387 0 0 R WAYNE LIVINGSTON PRES/CEO, TR 40.00 X 324939 0 70597 RANDY SHEPARD SENIOR VICE 40.00 X 255734 0 99346 WADE HALL SENIOR VICE 40.00 X 164162 0 67841 JAMIN BLAIR VP OF ENGINE 40.00 X 154060 0 71829 KIRK KING VP OF CONSTR 40.00 X 140745 0 72776 CHUCK REDMOND STAKING MANA 40.00 X 134746 0 72044 1393574 454433 18 false true false GEORGIA RIGHT OF WAY 1135 RUMBLE ROAD FORSYTH GA 31029 ROW MAINT. 4528563 ANIXTER INC 6525 BEST FRIEND ROAD NORCROSS GA 30071 METER CHANGE OU 1880205 SOUTHEASTERN DATA COOPERATIVE 100 ASHFORD CENTER NORTH SUITE 500 ATLANTA GA 30338 COMP. SERVICES 669839 GRAYCLIFF ENTERPRISES 3300 BATTLEGROUND AVE SUITE 100 GREENSBORO NC 27410 CONSTRUCTION 312783 PROGRESSIVE SOLUTIONS 229936 5 ELECTRIC SALES 221000 92873374 92873374 OTHER CAPITAL CREDITS 221000 1741718 1741718 POLE RENTAL 221000 1460629 1460629 96075721 135815 135815 GAIN ON PROPERTY 221000 28843 28843 EARNINGS (LOSS) SUBSIDIARIES 221000 -404 -404 28439 96239975 96104564 -404 135815 3771796 614723 5402733 9477271 PURCHASED POWER 59648162 DISTRIBUTION MAINTENANCE 6952748 ADMIN & GENERAL EXP 3060366 CONSUMER ACCOUNTS 2526680 4621242 96075721 0 0 0 1766202 8677349 8618000 9969216 162397 162397 3107285 3460590 511311 1941398 242289261 78877543 157447565 163411718 13577331 14628320 1045157 984325 186235248 203235313 9897373 12957953 104342505 114488637 6871498 8777563 121111376 136224153 X 136292 137400 64987580 66873760 65123872 67011160 186235248 203235313 X 164254 1723034 X false true X true false 2684949 2684949 239604312 78877543 160726769 163411718 INVESTMENT-GTC 4198041 C INVESTMENT-COBANK 2364883 C INVESTMENT-GRESCO 2300219 C INVESTMENT- GA GROW 1647214 C INVESTMENT- GA TRANSMISSION 943442 C INVESTMENT-CTC 795210 C INVESTMENT - CFC 783551 C INVESTMENT PAT CAP- SMARR 509336 C CFC MEMBER CAP SECURITIES 500000 C INVESTMENT - FEDERATED 299541 C INVESTMENT - SEDC 213861 C INVESTMENT-OTHER 73022 C 14628320 ACCUM PROV FOR PENSION & BENEFITS 4317109 REGULATORY LIABILITY - ASC 980 2000000 CONSUMER DEPOSITS 1476128 DEFERRED COMPENSATION 984326 8777563 94239975 94239975 2000000 2000000 96239975 93098962 93098962 2976759 2976759 96075721 SCHEDULE D, PAGE 4, PART XI, LINE 4B DEFERRED REVENUE -ASC 980 2,000,000 SCHEDULE D, PAGE 4, PART XII, LINE 4B CAPITAL CREDITS FOR MEMBERS 2,976,759 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 X X false false false R WAYNE LIVINGSTON PRES/CEO, TREAS 300568 3339 21032 32400 38197 395536 RANDY SHEPARD SENIOR VICE PRES 244194 2897 8643 64194 35152 355080 WADE HALL SENIOR VICE PRES/CFO 131347 32815 51110 16731 232003 JAMIN BLAIR VP OF ENGINEERING 146380 2010 5670 40203 31626 225889 KIRK KING VP OF CONSTRUCTION 136312 1808 2625 36347 36429 213521 CHUCK REDMOND STAKING MANAGER 127439 1809 5498 37374 34670 206790 FORM 990 WEBSITE: HTTP://WWW.DIVERSEPOWER.COM/ FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMEBERS 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 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 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 MEMBERSHIPS 1,108 COMPREHENSIVE GAIN 164,391 ADDITIONAL CAPITAL ASSIGNABLE 42,023 BENEFITS PAID TO MEMBERS 3,771,796 DONATED CAPITAL 209,620 CAPTIAL CREDITS - RETIRED -465,904 DEFERRED REVENUE DEFERRED - ASC 980 -2,000,000 TOTAL 1,723,034