2015-06-29T15:30:38-05:00 2014-12-31 582475857 NICHOLS CAULEY & ASSOCIATES LLC 400 CORDER ROAD WARNER ROBINS GA 31088 990 2014-01-01 580372535 OCONEE ELECTRIC MEMBERSHIP CORPORATION OCON 4786763191 PO BOX 37 DUDLEY GA 310220037 MARTY SMITH PRESIDENT/CEO 4786763191 2015-05-08 1 CAL BRANTLEY CPA P00636393 4789293888 2015-05-06 2014 2016-04-25 22:37:26Z MARTY SMITH 3445 US HIGHWAY 80 WEST DUDLEY GA 31022 36020817 0 X WWW.OCONEEEMC.COM X 1938 GA TO PROVIDE ELECTRIC SERVICE TO ITS MEMBERS. 7 7 44 0 0 0 0 0 32217994 35987981 26212 26594 49020 6242 32293226 36020817 0 0 485834 1757912 447580 437020 0 0 0 31359812 33825885 32293226 36020817 0 0 71445705 72582618 48440793 48002677 23004912 24579941 TO PROVIDE ELECTRIC SERVICE TO ITS MEMBERS. 0 0 36020817 TO PROVIDE ELECTRIC SERVICE TO ITS MEMBERS. 36020817 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 0 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 37 0 1 44 1 0 0 0 0 0 0 0 35038327 982490 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X PAM BALLARD 4786763191 3445 US HIGHWAY 80 WEST DUDLEY GA 31022 JUANITA F AUSTIN DIRECTOR 4.00 X 8985 0 0 JOHNNIE B HALL DIRECTOR 3.00 X 7285 0 0 AMY S ORR DIRECTOR/CHAIRMAN 4.00 X X 8085 0 0 CHARLES B GRACE DIRECTOR/VICE CHAIR 8.00 X X 8402 0 0 JAMES H DAVIS DIRECTOR/SECRETARY/TREASUR 3.00 X X 7693 0 0 WILLIAM S SHEPHERD DIRECTOR/ASST SEC/TREASURE 3.00 X X 9452 0 0 H DAVID GREEN DIRECTOR 3.00 X 9002 0 0 MARTY SMITH PRESIDENT/CEO 45.00 X 154427 0 47211 TERRI HOWARD CHIEF OPERATING OFFICER 45.00 X 134297 0 42181 347628 0 89392 2 0 1 0 UTILICON SERVICES INC PO BOX 5876 SANDERSVILLE GA 31082 LINE CONSTRUCTION, RIGHT OF WAY CUTTING, 375869 ASPLUNDH TREE EXPERT CO PO BOX 532729 ATLANTA GA 30353 TREE TRIMMING AND REMOVAL 205824 2 ELECTRIC SALES 221000 35038327 35038327 PATRONAGE CAPITAL (ELECTRIC RELAT 221000 690512 690512 POLE RENTAL 221000 259142 259142 35987981 26594 26594 OTHER 221000 6242 6242 6242 36020817 35038327 0 982490 1757912 437020 1929243 1958405 COST OF POWER 23406795 DISTRIBUTION MAINTENANC 2391430 ADMIN AND GENERAL 1472567 DISTRIBUTION OPERATIONS 1270523 1396922 36020817 389635 779095 2568209 2698646 7948 0 386715 420988 178832 218171 71172041 18357361 52942327 52814680 12599860 13063321 2372179 2587717 71445705 72582618 6610944 2436535 36242466 40305440 5587383 5260702 48440793 48002677 X 63770 63875 917 917 22940225 24515149 23004912 24579941 71445705 72582618 X 0 1575029 X 0 0 0 71172041 18357361 52814680 52814680 PATRONAGE CAPITAL - OPC 9445915 C PATRONAGE CAPITAL - NRUCFC 931309 C PATRONAGE CAPITAL - GRESCO 597618 C PATRONAGE CAPITAL - NRTC 7167 C MEMBERSHIP FEES - OTHER 3584 C CAPITAL TERM CERTIFICATES - NRUCFC 904807 C PATRONAGE CAPITAL - PRTC 86289 C FEDERATED RURAL ELECTRIC INSURANCE 81097 C SMARR EMC 27862 C PATRONAGE CAPITAL - SEDC 67673 C ECONOMIC DEVELOPMENT FUNDS-OTHER INVESTMENT 910000 C 13063321 CONSUMER DEPOSITS 1068601 ACCRUED SALES TAXES 109875 PROVISION FOR PENSIONS AND BENEFITS 2192526 PROVISION FOR SICK LEAVE 529443 ACCRUED INTEREST PAYABLE 388164 ACCRUED ANNUAL LEAVE 124887 ACCRUED PROPERTY AND FRANCHISE TAXES 116296 ACCRUED PAYROLL 74589 UNAMORTIZED GAIN ON REACQUIRED DEBT 89029 DEFERRED CREDITS 567292 5260702 X 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 THAT 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. X X 0 0 0 MARTY SMITH PRESIDENT/CEO 152193 0 0 0 2234 0 24420 0 22791 0 201638 0 0 0 TERRI HOWARD CHIEF OPERATING OFFICER 133239 0 0 0 1058 0 30668 0 11513 0 176478 0 0 0 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 THE CORPORATION HAS SEVEN MEMBERS OF ITS BOARD OF DIRECTORS. 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 CHANGES TO THE CORPORATION'S CORPORATE BY-LAWS, MUST BE PRESENTED TO AND APPROVED BY THE MEMBERS. GENERALLY, SUCH CHANGES, IF ANY, ARE PRESENTED AT THE CORPORATION'S ANNUAL MEMBER MEETING. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 WAS REVIEWED WITH THE BOARD OF DIRECTORS BY THE ACCOUNTING FIRM THAT PREPARED THE FORM 990 ALONG WITH CERTAIN MEMBERS OF MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY WAS APPROVED BY THE BOARD OF DIRECTORS EFFECTIVE DECEMBER 31, 2008. THIS POLICY WILL BE REVIEWED ANNUALLY WITH THE BOARD OF DIRECTORS BY THE CHIEF OPERATIONS OFFICER. FORM 990, PART VI, SECTION B, LINE 15 THE CEO SUBMITS A REPORT TO THE BOARD OF DIRECTORS USING THE CEO PERFORMANCE ASSESSMENT FORM. THE BOARD THEN RATES THE CEO'S PERFORMANCE. USING THE CURRENT YEAR NRECA COMPENSATION SURVEY, THE BOARD THEN DETERMINES THE AMOUNT OF ANNUAL INCREASE FOR THE CEO. THE CEO RATES THE EMPLOYEE'S PERFORMANCE. USING THE CURRENT YEAR NRECA COMPENSATION SURVEY, THE CEO THEN DETERMINES THE AMOUNT OF ANNUAL INCREASE FOR THE EMPLOYEE. 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: RETIREMENT OF CAPITAL CREDITS -211,074. DONATED CAPITAL FROM DISCOUNTED CAPITAL CREDITS 28,086. INCREASE IN MEMBERSHIPS 105. PATRONAGE CAPITAL ALLOCATED TO MEMBERS 1,757,912. OCONEE EMC FOUNDATION INC PO BOX 37 DUDLEY GA 31022 050593465 SUPPORT OF LOCAL CHARITABLE ORGANIZATIONS GA 501(C)(3) 170(B)(1) (A)(VI) N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 OCONEE EMC FOUNDATION INC R 67327