2017-01-12T08:16:23-06:00 2016-06-30 621114363 HENDERSON HUTCHERSON & MCCULLOUGH PLLC 1200 MARKET STREET CHATTANOOGA TN 37402 990 2015-07-01 580370240 NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION NORT 7062599441 PO BOX 1407 DALTON GA 307221407 KATHRYN D WEST PRESIDENT AND CEO 7062593394 2017-01-12 1 KIM HUSKEY CPA P00958962 4237567771 2017-01-12 2015 2017-02-10 21:41:12Z KATHRYN D WEST PO BOX 1407 DALTON GA 307221407 242770115 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 7 201 0 0 0 0 0 239243914 232625874 2472287 2805637 7397261 7338604 249113462 242770115 0 0 0 0 14005575 14826636 0 0 0 227137309 221155011 241142884 235981647 7970578 6788468 346165440 351765635 174647471 197788971 171517969 153976664 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 235981647 TO PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO MEMBERS. 235981647 0 0 0 0 0 0 0 0 0 1 1 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 0 201 1 0 0 0 0 0 0 0 240083666 2686449 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 3.00 X 10485 0 0 JOHN HOWARD SECRETARY/TREASURER 6.00 X 9455 0 0 TED CLARK VICE CHAIRMAN 4.00 X 9030 0 0 MARK THOMAS DIRECTOR 2.00 X 7980 0 0 DR GEORGE GALLAGHER DIRECTOR 3.00 X 6320 0 0 KATHY WELCH DIRECTOR 3.00 X 9035 0 0 WILLIAM LARRY KEOWN DIRECTOR 3.00 X 8815 0 0 KATHRYN D WEST PRESIDENT AND CEO 60.00 X 217202 0 127235 STEPHANIE HOLDER VP, MEMBER SERVICES 60.00 X 124001 0 94357 PAUL RUDD VP, ENGINEERING AND OPERAT 60.00 X 123183 0 80566 RONALD HUTCHINS EXECUTIVE STAFF CONSULTANT 60.00 X 166500 0 15293 GENE FRANKLIN EXECUTIVE STAFF CONSULTANT 60.00 X 159189 0 0 851195 0 317451 5 0 1 0 WA KENDALL CO INC PO BOX 831 LAWRENCEVILLE GA 30046 CONSTRUCTION CONTRACTOR 5526974 MARABLE-PIRKLE SERVICES LLC PO BOX 3178 CLEVELAND TN 37320 CONSTRUCTION CONTRACTOR 4362960 SUMTER UTILITIES INC PO BOX 846391 DALLAS TX 35284 CONSTRUCTION CONTRACTOR 1566842 WE HICKS INC PO BOX 10 CAVE SPRINGS GA 30124 TREE TRIMMING CONTRACTOR 875500 WRIGHT TREE SERVICE 5930 GRAND AVENUE WEST DES MOINES IA 50266 TREE TRIMMING CONTRACTOR 699975 16 RESIDENTIAL SALES 221000 141696623 141696623 LARGE COMMERCIAL 221000 64361858 64361858 SMALL COMMERCIAL 221000 17551080 17551080 UNBILLED ELECTRIC SALES 221000 5355342 5355342 OUTDOOR LIGHTING 221000 3660971 3660971 232625874 2805637 2805637 4807083 0 4807083 4807083 4807083 2531521 2531521 2531521 242770115 242770115 0 0 11908533 2918103 252923 39099 812814 6083979 14115021 243469 COST OF POWER 177330810 DISTRIBUTION - OPERATIO 9652470 OTHER OPERATING EXPENSE 9402438 DISTRIBUTION - MAINTENA 8744208 -5522220 235981647 7567038 5016584 19283722 23816924 7008431 6565847 1082513 1718988 6876747 1272110 395402864 107475874 276797782 287926990 24051000 22000000 3498207 3448192 346165440 351765635 21631896 26430934 145190647 137454566 7824928 33903471 174647471 197788971 X 816750 811470 0 0 170701219 153165194 171517969 153976664 346165440 351765635 X 6788468 -24329773 X X 0 1 X 1 0 3258167 3258167 8717775 2923422 5794353 377257675 104552452 272705223 6169247 6169247 287926990 CFC - COMMERCIAL PAPER 22000000 F 22000000 CUSTOMER DEPOSITS 4707862 POST RETIREMENT BENEFITS 29195609 33903471 X 242770115 0 242770115 0 242770115 235981647 0 235981647 0 235981647 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, 2013 THROUGH JUNE 30, 2016, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF JUNE 30, 2016. 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 175203 0 0 0 41999 0 111942 0 15293 0 344437 0 0 0 STEPHANIE HOLDER VP, MEMBER SERVICES 115920 0 0 0 8081 0 75017 0 19340 0 218358 0 0 0 PAUL RUDD VP, ENGINEERING AND OPERAT 108962 0 0 0 14221 0 61225 0 19341 0 203749 0 0 0 RONALD HUTCHINS EXECUTIVE STAFF CONSULTANT 148500 0 0 0 18000 0 0 0 15293 0 181793 0 0 0 GENE FRANKLIN EXECUTIVE STAFF CONSULTANT 159189 0 0 0 0 0 0 0 0 0 159189 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 NGEMC HAS 98,997 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 11 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 DECREASE DURING YEAR -5,280. OTHER COMPREHENSIVE LOSS - APBO -24,324,493. FORM 990, PART XII, LINE 2C AUDIT PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR.