COBB ELECTRIC MEMBERSHIP CORPORATION: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- COBB ELECTRIC MEMBERSHIP CORPORATION (EIN 58-0198155)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-12
- IRS object ID
- 201513169349301101
- Schema version
- 2014v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-12T07:51:17-06:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 581094351 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX ONE | AddressLine1Txt |
| City | MACON | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 312020001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580198155 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COBB ELECTRIC MEMBERSHIP CORP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COBB | BusinessNameControlTxt |
| Phone | 7704292100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 EMC PARKWAY | AddressLine1Txt |
| City | MARIETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30060 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIE T NELSON | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 7704292100 | PhoneNum |
| Signature | 2015-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | WILLIAM R ROUNTREE | PreparerPersonNm |
| PTIN | P01231836 | PTIN |
| Phone | 4787466277 | PhoneNum |
| Preparation | 2015-11-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | WILLIE T NELSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 EMC PARKWAY | AddressLine1Txt |
| City | MARIETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30060 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $424,513,372 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | HTTPS://WWW.COBBEMC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1938 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | COBB EMC COMMITS TO SAFELY DELIVERING RELIABLE, COMPETITIVELY PRICED ELECTRICITY WHILE BEING ACCOUNTABLE TO OUR MEMBER-OWNERS THROUGH SOUND GOVERNANCE, MANAGEMENT, OPERATING PRACTICES AND IMPROVING QUALITY OF LIFE IN OUR LOCAL COMMUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 581 | TotalEmployeeCnt |
| Total Gross UBI | $13,387 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $12,387 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $413,596,339 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $422,363,713 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,254,912 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,683,831 | CYInvestmentIncomeAmt |
| PY Other Revenue | $419,827 | PYOtherRevenueAmt |
| CY Other Revenue | $465,828 | CYOtherRevenueAmt |
| PY Total Revenue | $416,271,078 | PYTotalRevenueAmt |
| CY Total Revenue | $424,513,372 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,030,689 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,725,095 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $423,297,283 | PYOtherExpensesAmt |
| CY Other Expenses | $416,437,726 | CYOtherExpensesAmt |
| PY Total Expenses | $424,327,972 | PYTotalExpensesAmt |
| CY Total Expenses | $418,162,821 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$8,056,894 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,350,551 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $914,245,365 | TotalAssetsBOYAmt |
| Total Assets EOY | $871,014,666 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $522,272,728 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $492,443,608 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $391,972,637 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $378,571,058 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | COBB EMC COMMITS TO SAFELY DELIVERING RELIABLE, COMPETITIVELY PRICED ELECTRICITY WHILE BEING ACCOUNTABLE TO OUR MEMBER-OWNERS THROUGH SOUND GOVERNANCE, MANAGEMENT, OPERATING PRACTICES AND IMPROVING QUALITY OF LIFE IN OUR LOCAL COMMUNITIES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | COBB EMC COMMITS TO SAFELY DELIVERING RELIABLE, COMPETITIVELY PRICED ELECTRICITY WHILE BEING ACCOUNTABLE TO OUR MEMBER-OWNERS THROUGH SOUND GOVERNANCE, MANAGEMENT, OPERATING PRACTICES AND IMPROVING QUALITY OF LIFE IN OUR LOCAL COMMUNITIES. | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (true) | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 156 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 581 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Members And Shr Gross Income | $409,878,840 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $18,590,636 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | Yes (true) | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT D STEELE | PersonNm |
| Phone | 7704292100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 EMC PARKWAY | AddressLine1Txt |
| City | MARIETTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30060 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| BRYAN BOYD | |||||||||
| CHAIRMAN | 25.00 | Yes (X) | Yes (X) | $69,065 | $0 | $0 | |||
| WILLIAM C SHARP III | |||||||||
| VICE CHAIRMA | 15.00 | Yes (X) | Yes (X) | $50,492 | $0 | $0 | |||
| DAVID MCCLELLAN | |||||||||
| SECRETARY/TR | 15.00 | Yes (X) | Yes (X) | $49,052 | $0 | $0 | |||
| KELLY P BODNER | |||||||||
| DIRECTOR | 15.00 | Yes (X) | $38,481 | $0 | $0 | ||||
| ERIC BROADWELL | |||||||||
| DIRECTOR | 15.00 | Yes (X) | $54,565 | $0 | $0 | ||||
| EDWARD CROWELL | |||||||||
| DIRECTOR | 15.00 | Yes (X) | $54,565 | $0 | $0 | ||||
| CHARLES M SWANSON | |||||||||
| DIRECTOR | 15.00 | Yes (X) | $41,481 | $0 | $0 | ||||
| DAVID V TENNANT | |||||||||
| DIRECTOR | 15.00 | Yes (X) | $65,052 | $0 | $0 | ||||
| RUDY R UNDERWOOD | |||||||||
| DIRECTOR | 15.00 | Yes (X) | $38,398 | $0 | $0 | ||||
| WILLIE T NELSON | |||||||||
| PRESIDENT & | 58.00 | Yes (X) | $513,381 | $0 | $718,535 | 2.00 | |||
| DAVID B JOHNSON | |||||||||
| COO | 58.00 | $349,546 | $0 | $140,456 | 2.00 | Yes (X) | |||
| ROBERT D STEELE | |||||||||
| CFO | 58.00 | $345,176 | $0 | $131,423 | 2.00 | Yes (X) | |||
| KENNETH S BEAVERS | |||||||||
| SR VP-ELEC O | 40.00 | $365,245 | $0 | $36,917 | Yes (X) | ||||
| SAMUEL W KELLY | |||||||||
| SR VP-COMM A | 40.00 | $487,712 | $0 | $20,611 | Yes (X) | ||||
| DEBORAH L COOPER | |||||||||
| MATERIALS AC | 40.00 | $262,945 | $0 | $7,051 | Yes (X) | ||||
| FRANCIS S MYERS | |||||||||
| FORMER HCE | $492,695 | $0 | $0 | Yes (X) | |||||
| WILLIAM J GRESHAM | |||||||||
| FORMER DIREC | $16,014 | $0 | $0 | Yes (X) | |||||
| LARRY CHADWICK | |||||||||
| FORMER DIREC | $16,014 | $0 | $0 | Yes (X) | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,309,879 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $1,054,993 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 118 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FIVE POINT PARTNERS LLC | |||||
| 200 GALLERIA PARKWAY SUI | ATLANTA | GA | 30339 | IT CONSULTANT | $2,728,739 |
| ERNST YOUNG US LLP | |||||
| 200 PLAZA DRIVE | SECAUCUS | NJ | 07094 | IT CONSULTANT | $2,472,381 |
| CLIFTONLARSONALLEN LLP | |||||
| 20 E THOMAS ROAD | PHOENIX | AZ | 85012 | FORENSIC AUDIT | $982,555 |
| DST OUTPUT EAST LLC | |||||
| 333 WEST 11TH ST | KANSAS CITY | MO | 64105 | BILL PROCESSING | $855,886 |
| FELLOWS LABRIOLA LLP | |||||
| 225 PEACHTREE ST NE | ATLANTA | GA | 30303 | FORENSIC AUDIT | $423,799 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 12 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| ELECTRIC REVENUE | 221000 | $409,878,839 | $409,878,839 | |
| PATRONAGE CAPITAL | 221000 | $9,629,990 | $9,629,990 | |
| POLE RENTAL INCOME | $2,854,884 | $2,854,884 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $422,363,713 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,683,831 | TotalRevenueColumnAmt |
| Exclusion | $1,683,831 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $452,441 | RealAmt |
| Personal | $13,387 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $452,441 | RealAmt |
| Personal | $13,387 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $465,828 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $13,387 | UnrelatedBusinessRevenueAmt |
| Exclusion | $452,441 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $424,513,372 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $419,508,829 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $13,387 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,991,156 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,693,067 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,028 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,669,657 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,262,072 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PURCHASED POWER | $279,496,480 |
| ADMINISTRATIVE & GENERAL | $28,487,017 |
| DISTRIBUTION MAINTENANCE | $22,567,957 |
| CONSUMER ACCOUNTS | $19,806,893 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,147,650 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $418,162,821 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,065,775 | BOYAmt |
| EOY | $3,190,210 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,588,317 | BOYAmt |
| EOY | $1,296,277 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,163,363 | BOYAmt |
| EOY | $32,745,283 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,570,903 | BOYAmt |
| EOY | $4,570,903 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,123,422 | BOYAmt |
| EOY | $1,963,246 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,126,674 | BOYAmt |
| EOY | $5,566,089 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $843,919,715 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $254,568,792 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $587,993,947 | BOYAmt |
| EOY | $589,350,923 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $271,760 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $180,492,217 | BOYAmt |
| EOY | $186,977,284 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,718,500 | BOYAmt |
| EOY | $8,082,500 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,130,487 | BOYAmt |
| EOY | $37,271,951 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $914,245,365 | BOYAmt |
| EOY | $871,014,666 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,317,848 | BOYAmt |
| EOY | $42,194,103 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $433,020,046 | BOYAmt |
| EOY | $425,121,852 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,934,834 | BOYAmt |
| EOY | $25,127,653 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $522,272,728 | BOYAmt |
| EOY | $492,443,608 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $549,592 | BOYAmt |
| EOY | $545,130 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $391,423,045 | BOYAmt |
| EOY | $378,025,928 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $391,972,637 | BOYAmt |
| EOY | $378,571,058 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $914,245,365 | BOYAmt |
| EOY | $871,014,666 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $6,350,551 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$19,752,130 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,087,825 | OtherCostOrOtherBasisAmt |
| Book Value | $10,087,825 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $833,831,890 | OtherCostOrOtherBasisAmt |
| Depreciation | $254,568,792 | DepreciationAmt |
| Book Value | $579,263,098 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $589,350,923 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENTS IN ASSOCIATED ORGA | $150,946,563 | C |
| INVESTMENTS IN CTC'S | $33,380,500 | C |
| NRUCFC MEMBER CAPITAL SECURITI | $2,000,000 | C |
| U.S. CORPORATE BONDS | $650,221 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $186,977,284 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| CONSUMER DEPOSITS | $12,809,307 |
| ACCRUED PENSION COSTS | $8,324,736 |
| GAIN ON DEBT EXTINGUISHMENT | $2,772,390 |
| VOLUNTARY EARLY RETIREMENT LIABILITY | $1,191,330 |
| OTHER DEFERRED CREDITS | $29,890 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $25,127,653 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 4, PART XIII | FormAndLineReferenceDesc |
| Explanation | AUDITED AND REVIEWED FINANCIAL STATEMENTS: COBB EMC'S FISCAL YEAR IS APRIL 30TH. COBB EMC WAS INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS AT APRIL 30, 2015 AND 2014. IN ADDITION, COBB EMC'S FINANCIAL STATEMENTS ARE REVIEWED, AS PART OF CONSOLIDATED FINANCIAL STATEMENTS, BY AN INDEPENDENT ACCOUNTANT AT THE END OF EACH FISCAL QUARTER. THE INTERIM QUARTERLY REVIEW REPORTS ARE MADE AVAILABLE TO ALL MEMBER-OWNERS ON THE CORPORATION'S WEBSITE. THE AFFOREMENTIONED SERVICES ARE OVERSEEN BY THE CORPORATION'S AUDIT COMMITTEE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt |
|---|---|---|---|---|---|---|
| WILLIE T NELSON | ||||||
| PRESIDENT & CEO | $500,581 | $12,800 | $700,000 | $18,535 | $1,231,916 | |
| DAVID B JOHNSON | ||||||
| COO | $330,270 | $19,276 | $115,855 | $24,601 | $490,002 | |
| ROBERT D STEELE | ||||||
| CFO | $326,634 | $18,542 | $106,822 | $24,601 | $476,599 | |
| KENNETH S BEAVERS | ||||||
| SR VP-ELEC OPS | $93,337 | $271,908 | $34,811 | $2,106 | $402,162 | $44,577 |
| SAMUEL W KELLY | ||||||
| SR VP-COMM AFFAIRS | $53,525 | $434,187 | $19,963 | $648 | $508,323 | $160,465 |
| DEBORAH L COOPER | ||||||
| MATERIALS ACCOUNTING | $18,863 | $244,082 | $6,727 | $324 | $269,996 | |
| FRANCIS S MYERS | ||||||
| FORMER HCE | $492,695 | $492,695 | ||||
| WILLIAM J GRESHAM | ||||||
| FORMER DIRECTOR | $16,014 | $16,014 | ||||
| LARRY CHADWICK | ||||||
| FORMER DIRECTOR | $16,014 | $16,014 | ||||
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PAGE 1, PART I, LINE 1A | SOCIAL CLUB DUES PAID: GEORGIAN CLUB (1) WILLIE T. NELSON (PRESIDENT & CEO) - 1,128 (2) ROBERT D. STEELE (CFO) - 1,128 MARIETTA COUNTRY CLUB (1) WILLIE T. NELSON (PRESIDENT & CEO) - 4,400 COBB EMC REQUIRES SUBSTANTIATION PRIOR TO REIMBURSING OR ALLOWING EXPENSES INCURRED BY ITS DIRECTORS AND CEO AS PROVIDED FOR IN THE FOLLOWING POLICIES, WHICH ARE INCLUDED AS PART OF THIS RETURN: (1) POLICY 612 - DIRECTOR TRAVEL EXPENSE (2) POLICY 617 - CONCURRENT TRAVEL OF BOARD OF DIRECTORS AND SENIOR STAFF |
| SCHEDULE J, PAGE 1, PART I, LINE 4 | KENNETH S. BEAVERS 222,846 51,245 0 SAMUEL W. KELLY 190,593 245,859 0 DEBORAH L. COOPER 244,072 0 0 FRANCIS S. MYERS 492,695 0 0 |
| SCHEDULE J, PART III | SCHEDULE J, PART II - FORMER DIRECTORS WILLIAM J. GRESHAM AND LARRY CHADWICK RECEIVED REPORTABLE COMPENSATION IN EXCESS OF 10,000 AND ARE REQUIRED TO BE REPORTED ON SCHEDULE J. THE COMPENSATION FOR EACH IS RELATED SOLELY TO HEALTHCARE PREMIUMS PAID BY COBB EMC UNDER A PREVIOUSLY ADOPTED PLAN FOR RETIRED DIRECTORS. THE CURRENT BOARD AMENDED THE PLAN EFFECTIVE MARCH 31, 2015 TO ELIMINATE MEDICAL BENEFITS FOR RETIRED DIRECTORS. THE BOARD TERMINATED RETIREE MEDICAL BENEFITS FOR CURRENT AND FUTURE DIRECTORS IN 2011. SCHEDULE J, PART II - ON JUNE 25, 2013, COBB EMC'S BOARD OF DIRECTORS APPROVED A VOLUNTARY EARLY SEPARATION PACKAGE (VEOP) OFFERING TO COBB EMC EMPLOYEES. OPEN ENROLLMENT BEGAN ON AUGUST 26, 2013 AND CONCLUDED ON SEPTEMBER 6, 2013. AS PART OF THE OFFERING, COBB EMC WORKED WITH THE EMPLOYEES AND ULTIMATELY ACCEPTED THE EXIT DATE ON AN EMPLOYEE-BY-EMPLOYEE BASIS, UP TO A YEAR FROM THE ACCEPTANCE DATE. 123 EMPLOYEES ACCEPTED THE PACKAGE OFFERED BY COBB EMC. SINCE MANY OF THESE PAYMENTS WERE STRUCTURED OVER 2 TO 3 YEARS, SEVERAL EMPLOYEES THAT WOULD NOT NORMALLY BE CLASSIFIED AS "HIGHLY COMPENSATED EMPLOYEES" (HCE) ARE REPORTED AS SUCH ON PART VII AND SCHEDULE J DUE TO THESE SEVERANCE PAYMENTS. SCHEDULE J, PART II, COLUMN F - THE AMOUNTS REPORTED AS DEFERRED IN A PRIOR FORM 990 ARE PRESENTED AS IF THE CORPORATION HAD FILED A 990 FOR ALL YEARS IN WHICH DEFERRED COMPENSATION HAD BEEN ACCRUED UNDER A NONQUALIFIED DEFERRED COMPENSATION PLAN BY THESE EMPLOYEES. THE CORPORATION FILED FORM 1120, AS A NON-EXEMPT RURAL ELECTRIC COOPERATIVE, FROM 2005 THROUGH 2011. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | COBB EMC COMMITS TO SAFELY DELIVERING RELIABLE, COMPETITIVELY PRICED ELECTRICITY WHILE BEING ACCOUNTABLE TO OUR MEMBER-OWNERS THROUGH SOUND GOVERNANCE, MANAGEMENT, OPERATING PRACTICES AND IMPROVING QUALITY OF LIFE IN OUR LOCAL COMMUNITIES. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THE CORPORATION 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 CORPORATION'S MEMBERS DEMOCRATICALLY ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN THE CORPORATION'S BYLAWS WHICH ARE INCLUDED AS 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 THE CORPORATION'S BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 9 | WILLIAM J. GRESHAM 1200 JOHNSON FERRY ROAD MARIETTA, GA 30068 LARRY CHADWICK 935 OLD CHADWICK LANE ROSWELL, GA 30075 |
| FORM 990, PAGE 6, PART VI, LINE 11B | FORM 990 IS REVIEWED BY THE FULL BOARD OF DIRECTORS PRIOR TO SUBMITTAL. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE CORPORATION REGULARY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE FOLLOWING POLICIES, WHIC ARE INCLUDED AS PART OF THIS RETURN: POLICY 602 - CONFLICT OF INTEREST POLICY 901 - EMPLOYEE CODE OF CONDUCT POLICY 911 - EMPLOYEES' OUTSIDE ACTIVITIES |
| FORM 990, PAGE 6, PART VI, LINE 15A | CEO COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS BASED ON THE CRITERIA OUTLINED IN BOARD POLICY 903, WHICH IS INCLUDED AS 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 908, A COPY OF WHICH IS INCLUDED AS A PART OF THIS RETURN. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE CORPORATION 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 | OTHER COMPREHENSIVE INCOME 12,931,192 WHOLLY-OWNED SUBSIDIARY EARNINGS 13,843,811 LESS: CHANGE IN MEMBERSHIP FEES 4,462 LESS: CHANGE IN DONATED CAPITAL 44,019 LESS: CAPITAL CREDIT RETIREMENTS 46,478,652 |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | EINEIN |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GAS SOUTH LLC | ||||||||||||
| PO BOX 4298 | ATLANTA | GA | 30302 | NAT GAS MA | GA | N/A | C CORP | $15,357,120 | $104,000,000 | 1.00000 | false | |
| COBB ENERGY MANAGEMENT CORPORATION | ||||||||||||
| 1000 EMC PARKWAY | MARIETTA | GA | 30060 | HOLDING CO | GA | N/A | C CORP | -$1,513,309 | $43,000 | 1.00000 | false | 582345061 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | Yes (true) | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| GAS SOUTH LLC | ||
| F | $12,700,000 | COST |
| GAS SOUTH LLC | ||
| Q | $5,813,414 | COST |
| COBB ENERGY MANAGEMENT CORPORATION | ||
| S | $5,919,338 | COST |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R | FormAndLineReferenceDesc |
| Explanation | RELATED ORGANIZATIONS: COBB ENERGY MANAGEMENT CORPORATION (COBB ENERGY) WAS INCORPORATED IN THE STATE OF GEORGIA ON SEPTEMBER 3, 1997 TO PROVIDE VARIOUS SERVICES TO COBB ELECTRIC MEMBERSHIP CORPORATION (COBB EMC), ITS SUBSIDIARIES AND OTHER THIRD PARTIES. AS OF DECEMBER 31, 2014 COBB ENERGY MANAGEMENT CORPORATION HAS NO OPERATING ACTIVITIES. GAS SOUTH, LLC (GAS SOUTH) IS A CERTIFIED NATURAL GAS MARKETER IN THE STATE OF GEORGIA. AS SUCH, IT IS ALLOWED TO COMPETE TO SERVE CUSTOMERS WHO TAKE SERVICE ON ATLANTA GAS LIGHT'S (AGL) NATURAL GAS DISTRIBUTION PIPELINES WITHIN THE STATE OF GEORGIA. GAS SOUTH PURCHASES NATURAL GAS FROM WHOLESALE SUPPLIERS FOR DELIVERY TO THE CITYGATE WHERE AGL ASSUMES RESPONSIBILITY AND LIABILITY ASSOCIATED WITH THE DELIVERY OF NATURAL GAS TO GAS SOUTH'S CONSUMERS. AS OF DECEMBER 31, 2014, COBB EMC DIRECTORS BRYAN BOYD AND DAVID TENNANT WERE ON THE GAS SOUTH MANAGEMENT COMMITTEE. IN ADDITION, THE FOLLOWING MEMBERS OF COBB EMC MANAGEMENT WERE ON THE GAS SOUTH MANAGEMENT COMMITTEE: WILLIE T. NELSON (CHAIR/COBB EMC-CEO), ROBERT D. STEELE (COBB EMC-CFO) AND DAVID JOHNSON (COBB EMC-COO). | ExplanationTxt |