2016-11-14T15:42:30-06:00 2015-12-31 582475857 NICHOLS CAULEY & ASSOCIATES LLC 400 CORDER ROAD WARNER ROBINS GA 310887166 990 2015-01-01 580264525 GRADY ELECTRIC MEMBERSHIP CORPORATION GRAD 2293774182 1499 Hwy 84W Cairo GA 39828 THOMAS A ROSSER JR GENERAL MANAGER 2293774182 2016-11-14 1 MARLAN L NICHOLS P00634242 4789293888 2016-11-14 2015 2017-02-10 21:41:12Z THOMAS A ROSSER JR PO BOX 270 CAIRO GA 39828 41932932 0 X www.gradyemc.com X 1937 GA SALE OF ELECTRICITY TO COOPERATIVE MEMBERS. 7 7 74 0 0 0 0 0 39642944 41545216 212195 126355 116189 145339 39971328 41816910 0 0 1796921 1926077 744191 597604 0 0 0 37523624 39210884 40064736 41734565 -93408 82345 99782307 104207602 54810969 57489309 44971338 46718293 PROVIDE MEMBERS WITH ELECTRICITY. 0 0 41816910 SALE OF ELECTRICITY TO COOPERATIVE MEMBERS. THE COOPERATIVE SERVES APPROXIMATELY 13,217 MEMBERS. 41816910 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 34 0 1 74 1 0 0 0 0 0 0 0 40802812 1014098 0 X 7 7 1 0 0 0 1 1 1 1 1 0 0 1 1 0 0 1 1 1 0 0 GA X THOMAS A ROSSER JR GENERAL MANAGER 2293774182 1499 HIGHWAY 84 W PO BOX 270 CAIRO GA 39828 JAMES F FREEMAN DIRECTOR 5.00 X 14810 0 0 JAMES M LEWIS DIRECTOR 4.00 X 14189 0 0 CAYLOR OUTZS DIRECTOR 5.00 X 19205 0 0 H LAMAR STRICKLAND DIRECTOR 4.00 X 9532 0 0 H LAMAR CARLTON CHAIRMAN 6.00 X X 15121 0 0 ROBERT E LEE VICE-CHAIRMAN 5.00 X X 12634 0 0 DEWEY BROCK JR SECRETARY/TREASURER 5.00 X X 12323 0 0 THOMAS A ROSSER CEO 40.00 X 237578 0 84501 THOMAS A ROSSER JR PRESIDENT/GENERAL MANAGER 50.00 X 153890 0 23821 WAYNE WINDHAM MANAGER OF OPERATIONS 50.00 X 115515 0 39074 PAT REED CHIEF FINANCIAL OFFICER 50.00 X 100713 0 56802 705510 0 204198 4 0 1 0 ASPLUNDH TREE EXPERT PO BOX 532729 ATLANTA GA 303532729 TREE SERVICE 579041 LEWIS TREE SERVICE PO BOX 731897 DALLAS TX 753731897 RIGHT-OF-WAY CLEARING 420608 2 SALE OF ELECTRICITY 221000 40811834 40811834 POLE & TOWER RENT 221000 430868 430868 CAPITAL CREDIT ALLOCATIONS 221000 302514 302514 41545216 135377 135377 107000 116022 -9022 -9022 -9022 OTHER NON-OPERATING INCOME 221000 145339 145339 145339 41816910 40802812 0 1014098 1926077 597604 1211460 3056316 COST OF POWER 26747746 DISTRIBUTION MAINTENANC 2486775 GENERAL AND ADMINISTRAT 2236007 DISTRIBUTION OPERATIONS 2125334 1347246 41734565 1609092 1894951 3969974 4240135 2215386 2215386 448365 508133 592976 309650 101162461 23851866 74667570 77310595 16278944 17728752 99782307 104207602 4957449 5298627 45250649 47338575 4602871 4852107 54810969 57489309 X 66225 66260 0 0 44905113 46652033 44971338 46718293 99782307 104207602 X 82345 1664610 X X 0 1 X 1 0 514169 514169 100648292 23851866 76796426 77310595 CAPITAL CREDITS - OPC 8196267 C CAPITAL CREDITS - GTC 2148617 C CAPITAL CREDITS - COBANK 411577 C CAPITAL CONTRIBUTION - GTC 568625 C CAPITAL CREDITS - GRESCO 709222 C CAPITAL CREDITS - GSOC 2434 C CAPITAL CREDITS - SEDC 169985 C CAPITAL CREDITS - GEMC 377 C CAPITAL CREDITS - FEDERATED 168747 C CAPITAL CONTRIBUTION - GEC 4000 C CAPITAL CREDITS - GEC 2028729 C STOCK CERTIFICATES - SEDC 100 C CAPITAL CREDITS - NRUCFC 182668 C MEMBERSHIP FEES IN ASSOCIATED ORGANIZATIONS 1225 C SOWEGA ENERGY RESOURCES, LLC 373386 C GRADY EMC HOLDING CORPORATION 520658 C CAPITAL CREDITS - GREEN POWER EMC 4821 C CAPITAL CREDITS - NRTC 649 C CAPITAL TERM CERTIFICATES - NRUCFC 574989 C NON-UTILITY PROPERTY 1661676 C 17728752 POSTRETIREMENT BENEFITS OBLIGATION 3355599 CONSUMER DEPOSITS 1496508 4852107 X 41734565 0 41734565 82345 82345 41816910 39808488 0 39808488 1926077 1926077 41734565 Part X, Line 2: THE CORPORATION OPERATES UNDER THE INTERNAL REVENUE CODE, SECTION 501(C)(12), AS A TAX-EXEMPT COOPERATIVE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS. THE CORPORATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. Part XI, Line 4b - Other Adjustments: K-1 FLOW THROUGH LOSS FROM SOWEGA ENERGY RESOURCES, LLC IN EXCESS OF BOOKS 82,345. Part XII, Line 4b - Other Adjustments: PATRONAGE CAPITAL ALLOCATED TO MEMBERS 1,926,077. X X 0 0 0 THOMAS A ROSSER CEO 202578 0 35000 0 0 0 72307 0 12194 0 322079 0 0 0 THOMAS A ROSSER JR PRESIDENT/GENERAL MANAGER 153890 0 0 0 0 0 12120 0 11701 0 177711 0 0 0 WAYNE WINDHAM MANAGER OF OPERATIONS 115515 0 0 0 0 0 27889 0 11185 0 154589 0 0 0 PAT REED CHIEF FINANCIAL OFFICER 100713 0 0 0 0 0 45778 0 11024 0 157515 0 0 0 Form 990, Part VI, Section A, line 2 OFFICER THOMAS A. ROSSER (CEO) IS THE FATHER OF OFFICER THOMAS A. ROSSER, JR. (PRESIDENT/GENERAL MANAGER). Form 990, Part VI, Section A, line 6 INDIVIDUALS AND ENTITIES REQUESTING SERVICE ARE REQUIRED TO PAY A ONE-TIME MEMBERSHIP FEE. Form 990, Part VI, Section A, line 7a A BOARD ELECTION IS HELD ANNUALLY IN CONJUNCTION WITH THE CORPORATION'S ANNUAL MEMBER MEETING. THE MEMBERS ARE THE ONLY ONES ALLOWED TO VOTE IN THE ANNUAL ELECTION OF BOARD MEMBERS. Form 990, Part VI, Section A, line 7b CERTAIN DECISIONS, SUCH AS BY-LAWS CHANGES, MUST BE APPROVED BY THE MEMBERS. Form 990, Part VI, Section B, line 11 FORM 990 WAS REVIEWED WITH THE BOARD OF DIRECTORS AND CERTAIN MEMBERS OF MANAGEMENT BY THE CERTIFIED PUBLIC ACCOUNTING FIRM THAT PREPARED THE FORM 990. Form 990, Part VI, Section B, line 15a THE BOARD OF DIRECTORS APPROVES THE GENERAL MANAGER'S COMPENSATION ON AN ANNUAL BASIS USING WAGE STUDIES AND VARIOUS OTHER CRITERIA. ANNUAL COMPENSATION FOR CERTAIN OTHER EMPLOYEES IS INITIALLY SET BY THE GENERAL MANAGER AND IS THEN SUBJECT TO DIRECTORS' APPROVAL. Form 990, Part VI, Section C, line 19 SUCH INFORMATION IS AVAILABLE TO THE PUBLIC UPON RECEIPT OF A REASONABLE REQUEST. Form 990, Part XI, line 9: CHANGE DUE TO INCREASE IN MEMBERSHIPS 35. CHANGE DUE TO REFUNDS OF ESTATE CAPITAL CREDITS -425,030. INCREASE IN OTHER EQUITIES DUE TO DISCOUNTS ON ESTATE CAPITAL CREDITS 245,873. K-1 FLOW THROUGH LOSS FROM SOWEGA ENERGY RESOURCES, LLC IN EXCESS OF BOOK -82,345. PATRONAGE CAPITAL ALLOCATED TO MEMBERS 1,926,077. Form 990, Part XII, Line 2c: THE CORPORATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. GRADY EMC HOLDING CORPORATION 1499 HIGHWAY 84 WEST CAIRO GA 39828 421580055 ELECTRIC POWER GENERATION GA N/A C 175729 520659 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0