2017-11-15T08:04:59-06:00 2017-06-30 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1200 MARKET STREET CHATTANOOGA TN 37402 990 2016-07-01 580370240 NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION NORT 7062599441 PO BOX 1407 DALTON GA 307221407 KATHRYN D WEST PRESIDENT AND CEO 7062593394 2017-11-08 1 KIM HUSKEY CPA P00958962 4237567771 2017-11-07 66.18.62.66 2017-11-08 15:57:26 ES P A65F44310AD8CEE0552065403E3963946FE4AA31 913CB10A6BF2935F230814CEFEA5A6F20802B349 2016 2021-01-29 14:40:06Z KATHRYN D WEST PO BOX 1407 DALTON GA 307221407 244045575 0 X WWW.NGEMC.COM X 1936 GA TO PROMOTE AND ENCOURAGE THE USE OF ELECTRIC ENERGY AND MAKE IT AVAILABLE TO CONSUMERS AT THE LOWEST POSSIBLE COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT. 7 7 204 0 0 0 0 0 232625874 233850405 2805637 2539828 7338604 7655342 242770115 244045575 0 0 0 0 14826636 16859616 0 0 0 221155011 223175833 235981647 240035449 6788468 4010126 351765635 354179509 197788971 188241637 153976664 165937872 TO PROMOTE AND ENCOURAGE THE USE OF ELECTRIC ENERGY AND MAKE IT AVAILABLE TO CONSUMERS AT THE LOWEST POSSIBLE COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT. 0 0 240035449 TO PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO MEMBERS. 240035449 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 108 0 204 1 0 0 0 0 0 0 0 241543636 2501941 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X X KATHRYN D WEST 7062593394 1850 CLEVELAND ROAD DALTON GA 30722 GERALD G LOWERY CHAIRMAN OF BOARD 10.75 X 9135 0 0 JOHN HOWARD SECRETARY/TREASURER 24.25 X 10020 0 0 TED CLARK VICE CHAIRMAN 17.33 X 9425 0 0 MARK THOMAS DIRECTOR 13.33 X 7760 0 0 DR GEORGE GALLAGHER DIRECTOR 12.08 X 7490 0 0 KATHY WELCH DIRECTOR 14.50 X 9645 0 0 WILLIAM LARRY KEOWN DIRECTOR 13.17 X 9685 0 0 KATHRYN D WEST PRESIDENT AND CEO 60.00 X 216487 0 118021 PAUL RUUD VP, ENGINEERING AND OPERAT 50.00 X 124480 0 93775 BRIAN CHILDERS VP, INFORMATION SERVICES 45.00 X 125086 0 55378 GENE FRANKLIN EXECUTIVE STAFF CONSULTANT 32.00 X 159189 0 0 RONALD HUTCHINS EXECUTIVE STAFF CONSULTANT 0.00 X 176201 0 84166 864603 0 351340 5 1 1 0 MARABLE-PIRKLE SERVICES LLC PO BOX 3178 CLEVELAND TN 37320 CONSTRUCTION CONTRACTOR 5517455 WA KENDALL & CO INC PO BOX 831 LAWRENCEVILLE GA 30046 ROW CONTRACTOR 4878965 TREES UNLIMITED PO BOX 10 CAVE SPRINGS GA 30124 ROW CONTRACTOR 1818891 SUMTER UTILITIES INC PO BOX 846391 DALLAS TX 75284 CONSTRUCTION CONTRACTOR 1311569 KIM L WOODS CONSTRUCTION 2342 KITTLE ROAD DALTON GA 30720 BUILDING CONTRACTOR 551160 17 RESIDENTIAL SALES 221000 148555928 148555928 LARGE COMMERCIAL 221000 64534155 64534155 SMALL COMMERCIAL 221000 18400312 18400312 OUTDOOR LIGHTING 221000 3777909 3777909 UNBILLED ELECTRIC SALES 221000 -1417899 -1417899 233850405 2539828 2539828 4907585 0 4907585 4907585 4907585 2747757 2747757 2747757 244045575 244045575 0 0 11908553 4951063 301904 36502 794814 6332613 14417868 252918 COST OF POWER 183222540 DISTRIBUTION - OPERATIO 10836613 DISTRIBUTION - MAINTENA 10723279 CONSUMER ACCOUNTS 3876119 -7619337 240035449 5016584 4369969 23816924 21550008 6565847 6006066 1718988 2437506 1272110 1120307 409103060 110046490 287926990 299056570 22000000 16000000 3448192 3639083 351765635 354179509 26430934 32681820 137454566 129412707 33903471 26147110 197788971 188241637 X 811470 816180 0 0 153165194 165121692 153976664 165937872 351765635 354179509 X 4010126 7951082 X X 0 1 X 1 0 3256972 3256972 8928715 3080869 5847846 390600617 106965621 283634996 6316756 6316756 299056570 CUSTOMER DEPOSITS 4341467 POST RETIREMENT BENEFITS 21805643 26147110 X 244045575 0 244045575 0 244045575 240035449 0 240035449 0 240035449 PART X, LINE 2: NOTE 21 - UNCERTAIN TAX POSITIONS NGEMC FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF ASC TOPIC 740, INCOME TAXES. NGEMC HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE, AND THERE ARE NO MATERIAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS. NGEMC'S EVALUATION WAS PERFORMED FOR TAX YEARS ENDED JUNE 30, 2014 THROUGH JUNE 30, 2017, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF JUNE 30, 2017. SCHEDULE D, PART VI, LINE 1E OTHER ASSETS IS MADE UP OF CONSTRUCTION AND RETIREMENT WORK IN PROGRESS. X X X 0 0 0 KATHRYN D WEST PRESIDENT AND CEO 176698 0 0 0 39789 0 95816 0 22205 0 334508 0 0 0 PAUL RUUD VP, ENGINEERING AND OPERAT 109416 0 0 0 15064 0 72595 0 21180 0 218255 0 0 0 BRIAN CHILDERS VP, INFORMATION SERVICES 120310 0 0 0 4776 0 34198 0 21180 0 180464 0 0 0 GENE FRANKLIN EXECUTIVE STAFF CONSULTANT 159189 0 0 0 0 0 0 0 0 0 159189 0 0 0 RONALD HUTCHINS EXECUTIVE STAFF CONSULTANT 160411 0 0 0 15790 0 60893 0 23273 0 260367 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 NGEMC HAS 99,670 CUSTOMERS TO WHICH IT PROVIDES POWER. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS OF NGEMC THROUGH A DEMOCRATIC PROCESS. FORM 990, PART VI, SECTION B, LINE 11B NGEMC'S BOARD OF DIRECTORS WILL REVIEW THE 990 BEFORE SUBMITTING IT TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO DISCLOSE ANUALLY ANYTHING THAT IS CONSIDERED TO BE A CONFLICT OF INTEREST AS DEFINED BY NGEMC'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS YEARLY. THE BOARD ALSO APPROVES THE COMPENSATION FOR MANAGEMENT ON A YEARLY BASIS. FORM 990, PART VI, SECTION C, LINE 19 NGEMC WILL PROVIDE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: MEMBERSHIP INCREASE DURING YEAR 4,710. OTHER COMPREHENSIVE INCOME - APBO 7,946,372. FORM 990, PART XII, LINE 2C AUDIT PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR.