2017-10-23T09:57:05-04:00 2016-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2016-01-01 580224655 GREYSTONE POWER CORPORATION GREY 7709426576 PO BOX 897 DOUGLASVILLE GA 30133 GARY A MILLER PRESIDENT & CEO 7709426576 2017-10-23 true WILLIAM R ROUNTREE P01231836 4787466277 2017-10-23 BE799C77261EE06AB1BFE677EC220712838153C6 4EEB5663787DC7A49F7F2E41E5A93EE45250D55C 2016 2021-01-29 14:40:06Z GARY A MILLER PO BOX 897 DOUGLASVILLE GA 30133 273322577 false X WWW.GREYSTONEPOWER.COM X 1936 GA TO PROVIDE RELIABLE AND COST-COMPETITIVE ELECTRIC AND RELATED SERVICES THAT POSITION THE COOPERATIVE AS THE UTILITY OF CHOICE. 9 9 268 398988 0 282504118 269301089 2902017 3205728 927736 815760 286333871 273322577 0 24839680 21282315 4039569 1110202 0 0 257454622 250930060 286333871 273322577 0 494537463 538696061 265464163 297841986 229073300 240854075 TO PROVIDE RELIABLE AND COST-COMPETITIVE ELECTRIC AND RELATED SERVICES THAT POSITION THE COOPERATIVE AS THE UTILITY OF CHOICE. 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 false false true false false 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 142 0 true 268 true true true false false false false 267862376 6618861 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 GARY A MILLER 7709426576 4040 BANKHEAD HIGHWAY DOUGLASVILLE GA 30134 MILTON JONES CHAIRMAN 4.58 X X 24211 0 0 MARIBETH WANSLEY VICE CHAIRMA 2.13 X X 22869 0 0 JIM JOHNS SEC/TREAS 4.42 X X 26134 0 0 JENNIFER DENYSE DIRECTOR 6.06 X 27633 0 0 DAVID HAGENOW DIRECTOR 3.62 X 26055 0 0 J EDWIN GARRARD DIRECTOR 2.48 X 15572 0 0 LUCY ANDRES DIRECTOR 8.75 X 6948 0 0 JOHN A WALTON DIRECTOR 2.90 X 23153 0 0 GENEVIEVE B COLE DIRECTOR 4.39 X 24778 0 0 NEAL DETTMERING DIRECTOR 4.81 X 23072 0 0 GARY A MILLER PRESIDENT & 50.00 X 742298 0 147479 BILLY J SHARPTON VP-OPS/ENGIN 50.00 X 233200 0 64883 BYRON HUNTER VP-MKTG/MBR 50.00 X 200512 0 58239 MICHAEL MOORE VP-POWER SUP 50.00 X 294303 0 44647 KARA T PEARSON VP-FINANCIAL 50.00 X 190256 0 42597 STEPHEN FINDLEY OPERATIONS M 50.00 X 191053 0 48063 2072047 405908 37 false true false UTILIQUEST LLC PO BOX 932367 ATLANTA GA 31193 INFRASTRUCTURE 559714 LANDIS GYR TECHNOLOGIES 26366 NETWORK PLACE CHICAGO IL 60673 METER SOLUTIONS 335182 RP CAMP ASSOCIATES 3425 SOUTH ATLANTIC AVE DAYTONA BEACH FL 32116 IT CONSULTING 250000 PARKER FIBERNET LLC PO BOX 688 SUMMERVILLE GA 30747 FIBER OPTICS 172393 VERIZON PO BOX 660108 DALLAS TX 75266 COMMUNICATIONS 126532 7 ELECTRIC REVENUE 221000 265821678 265821678 OTHER ELECTRIC REVENUE 221000 2125354 2125354 PATCAP FROM ASSOC ORGS 221000 1354057 1354057 269301089 3205728 3205728 416772 416772 COOPERATIVE CHOICE, LLC (K-1) 900001 239455 239455 ANCILLAY SERVICES 900099 159533 159533 398988 273322577 269301089 398988 3622500 21282315 1110202 10029716 16105650 PURCHASED POWER 183091077 OPERATIONS & MAINTENANCE 20412295 ADMINISTRATIVE & GENERAL 11246227 CONSUMER RELATED EXPENSES 7669361 2375734 273322577 0 0 0 X 4932720 1668033 59398381 82018933 19959342 19489574 3172834 3443365 24908836 42265374 481647378 117074892 357931003 364572486 24234347 25238296 494537463 538696061 23355119 24817460 224972098 247952373 17136946 25072153 265464163 297841986 X 1107034 1126863 227966266 239727212 229073300 240854075 494537463 538696061 0 11780775 X false true X true false 6746416 6746416 474900962 117074892 357826070 364572486 CONSUMER DEPOSITS 19801251 OTHER DEFERRED CREDITS 4780503 ACCUM PROV FOR PENSION & BENEFITS 490399 25072153 SCHEDULE D, PAGE 4, PART XIII GREYSTONE'S FISCAL YEAR END IS AUGUST 31ST. GREYSTONE'S FINANCIAL STATEMETNS WERE AUDITED AT AUGUST 31, 2017 AMD 2016. X X X X X false true false GARY A MILLER PRESIDENT & CEO 517997 480 223821 137498 9981 889777 BILLY J SHARPTON VP-OPS/ENGINEERING 220200 480 12520 57286 7597 298083 BYRON HUNTER VP-MKTG/MBR SVCS 195238 480 4794 50989 7250 258751 MICHAEL MOORE VP-POWER SUPPLY 216759 75480 2064 32154 12493 338950 KARA T PEARSON VP-FINANCIAL SERVICE 186746 480 3030 27842 14755 232853 STEPHEN FINDLEY OPERATIONS MANAGER 132430 480 58143 35954 12109 239116 SCHEDULE J, PAGE 1, PART I, LINE 4 GARY A. MILLER 0 169,134 0 STEPHEN FINDLEY 0 45,654 0 SCHEDULE J, PART III SCHEDULE J, PART II, COLUMN B (III) - THE AMOUNTS REPORTED IN THIS COLUMN INCLUDE AMOUNTS PAID OUT UNDER A NON-QUALIFIED DEFERRED COMPENSATION PLAN (NQDC PLAN). THE PURPOSE OF THE PLAN WAS TO MAKE WHOLE CERTAIN MEMBERS OF MANAGEMENT WHOSE ACCRUED BENEFIT UNDER THE NRECA R&S PENSION PLAN WAS LIMITED BY THE INTERNAL REVENUE CODE. DISTRIBUTIONS FROM THE NQDC PLAN ARE PROCESSED THROUGH THE COMPANY'S PAYROLL SYSTEM AND INCLUDED IN EACH PARTICIPANT'S REPORTABLE COMPENSATION. A CREDIT IS RECEIVED FROM NRECA FOR AMOUNTS THE COMPANY PAID THE PARTICIPANTS. 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 AS PROVIDED FOR IN BOARD POLICY NO. 207, 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 RELATED TO POTENTIAL CONFLICTS OF INTEREST AS PROVIDED FOR IN THE FOLLOWING POLICIES WHICH IS INCLUDED AS A PART OF THIS RETURN: POLICY NO. 111 - DIRECTOR CONFLICT OF INTEREST POLICY NO. 444 - CONFLICT OF INTEREST - OFFICERS AND KEY EMPLOYEES POLICY NO. 113 - STANDARDS OF CONDUCT - DIRECTORS POLICY NO. 118 - NEPOTISM - DIRECTORS THE COOPERATIVE ALSO HAS A "DIRECTORS CODE OF CONDUCT" WHICH IS ALSO INCLUDED AS PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15A CEO COMPENSATION IS REVIEWED AND APPROVED AS PROVIDED FOR IN BOARD POLICY NO. 125, WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15B KEY EMPLOYEE COMPENSATION IS REVIEWED AND APPROVED AS PROVIDED FOR IN BOARD POLICY NO. 126, WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE'S POLICY NO. 109 - MEMBER ACCESS TO COOPERATIVE INFORMATION, WHICH IS INCLUDED AS PART OF THIS RETURN, DETAILS HOW MEMBERS MAY OBTAIN COOPERTIVE INFORMATION. FORM 990, PART XI, LINE 9 MEMBERSHIP FEES 19,829 CAPITAL CREDITS ASSIGNED TO MEMBER ACCOUNTS 21,282,315 CHANGES IN OTHER EQUITIES 1,070,431 PATRONAGE CAPITAL RETIRED -10,591,800 TOTAL 11,780,775