NORTH GEORGIA ELECTRIC MEMBERSHIP: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- NORTH GEORGIA ELECTRIC MEMBERSHIP (EIN 58-0370240)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-09
- IRS object ID
- 201213149349301381
- Schema version
- 2011v1.2
- 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) |
|---|---|---|
| Timestamp | 2012-11-09T14:21:03-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 621114363 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HENDERSON HUTCHERSON & MCCULLOUGH PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 MARKET STREET | AddressLine1 |
| City | CHATTANOOGA | City |
| State | TN | State |
| ZIP Code | 37402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580370240 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTH GEORGIA ELECTRIC MEMBERSHIP CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NORT | NameControl |
| Phone | 7062599441 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1407 | AddressLine1 |
| City | DALTON | City |
| State | GA | State |
| ZIP Code | 307221407 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RONALD O HUTCHINS | Name |
| Title | PRESIDENT/CEO | Title |
| Phone | 7062599441 | Phone |
| Date Signed | 2012-10-04 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JERRY SMITH CPA | Name |
| PTIN | P00104258 | PTIN |
| Phone | 4237567771 | Phone |
| Date Prepared | 2012-10-04 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RONALD O HUTCHINS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1407 | AddressLine1 |
| City | DALTON | City |
| State | GA | State |
| ZIP Code | 307221407 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 233319066 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.NGEMC.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1936 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 203 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1825669 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 244859 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 235196609 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 224241374 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 486045 | InvestmentIncomePriorYear |
| Investment Income Current Year | 661015 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 5523229 | OtherRevenuePriorYear |
| Other Revenue Current Year | 8171818 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 243031552 | TotalRevenuePriorYear |
| Total Revenue Current Year | 233319066 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 12991422 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 12500252 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 225595744 | OtherExpensePriorYear |
| Other Expenses Current Year | 214430242 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 238587166 | TotalExpensesPriorYear |
| Total Expenses Current Year | 226930494 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4444386 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6388572 | RevenuesLessExpensesCY |
| Total Assets BOY | 279991082 | TotalAssetsBOY |
| Total Assets EOY | 293339398 | TotalAssetsEOY |
| Total Liabilities BOY | 142934198 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 150579386 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 137056884 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 142760012 | NetAssetsOrFundBalancesEOY |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 226930494 | Expense |
| Description | TO PROVIDE ELECTRIC ENERGY AND RELATED SERVICES TO MEMBERS. | Description |
| Total Program Service Expense | 226930494 | TotalProgramServiceExpense |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 78 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 203 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Gross Income From Members | 232661057 | GrossIncomeFromMembers |
| Gross Income Other Sources | 658009 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RONALD O HUTCHINS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7062599441 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1850 CLEVELAND ROAD | AddressLine1 |
| City | DALTON | City |
| State | GA | State |
| ZIP Code | 30722 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (12 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|
| GERALD G LOWERY | |||||||
| CHAIRMAN OF BOARD | 12.00 | X | 8250 | 0 | 0 | ||
| E DEAN SMITH JR | |||||||
| SECRETARY/TREASURER | 10.00 | X | 7500 | 0 | 0 | ||
| TED CLARK | |||||||
| DIRECTOR | 6.00 | X | 4950 | 0 | 0 | ||
| MARVIN L HOLSONBACK | |||||||
| DIRECTOR | 4.00 | X | 4200 | 0 | 0 | ||
| EDWARD WORLEY | |||||||
| DIRECTOR | 5.00 | X | 4700 | 0 | 0 | ||
| JOHN HOWARD | |||||||
| DIRECTOR | 8.00 | X | 4950 | 0 | 0 | ||
| KATHY WELCH | |||||||
| DIRECTOR | 4.00 | X | 4950 | 0 | 0 | ||
| GENE FRANKLIN | |||||||
| CHIEF OPERATIONS OFFICER | 50.00 | 164113 | 0 | 0 | X | ||
| RONALD O HUTCHINS | |||||||
| CHIEF EXECUTIVE OFFICER | 60.00 | 301303 | 0 | 121242 | X | ||
| KATHRYN D WEST | |||||||
| CFO | 60.00 | 165755 | 0 | 82434 | X | ||
| MARK SMITH | |||||||
| VP, INFORMATION SERVICES | 40.00 | 97017 | 0 | 51850 | X | ||
| KIM GAMEL | |||||||
| VP, ADMINISTRATION | 40.00 | 100350 | 0 | 70067 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 868038 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 325593 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| HUNT TECHNOLOGIES | |||||
| 6436 COUNTY ROAD 11 | PEQUOT LAKES | NM | 56472 | MATERIALS & LABOR-AMI PROJECT | 5924968 |
| SUMTER UTILITIES INC | |||||
| 1151 N PIKE W | SUMTER | SC | 29151 | CONSTRUCTION | 2279252 |
| DIVERSIFIED SERVICES INC | |||||
| 2910 HIGHWAY 31 N | HARTSELLE | AL | 25640 | CONSTRUCTION | 1855997 |
| WA KENDALL & CO INC | |||||
| PO BOX 831 | LAWRENCEVILLE | GA | 30046 | RIGHT OF WAY SERVICE | 1387267 |
| ASPLUNDH TREE EXPERT CO | |||||
| 708 BLAIR MILL ROAD | WILLOW GROVE | PA | 19090 | RIGHT OF WAY SERVICE | 1082806 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Government Grants | 244859 | GovernmentGrants |
| Total Contributions | 244859 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| RESIDENTIAL SALES | 221000 | 135791634 | 135791634 |
| LARGE COMMERCIAL | 221000 | 68226929 | 68226929 |
| SMALL COMMERCIAL | 221000 | 15699653 | 15699653 |
| OUTDOOR LIGHTING | 221000 | 3587666 | 3587666 |
| UNBILLED ELECTRIC SALE | 221000 | 935492 | 935492 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 224241374 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 661015 | TotalRevenueColumn |
| Related Or Exempt Function Income | 661015 | RelatedOrExemptFunctionIncome |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 5098840 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 5098840 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5098840 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5098840 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FEMA GRANT RECLASSIFIC | Description |
| Business Code | 221000 | BusinessCode |
| Total Revenue Column | -244859 | TotalRevenueColumn |
| Related Or Exempt Function Income | -244859 | RelatedOrExemptFunctionIncome |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3317837 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3317837 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 3072978 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 233319066 | TotalRevenueColumn |
| Related Or Exempt Function Income | 233074207 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 868038 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11272702 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 359512 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 299518 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29547 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 854191 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5131878 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12704268 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 258172 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| COST OF POWER | 172978335 |
| DISTRIBUTION - OPERATIO | 8102834 |
| DISTRIBUTION - MAINTENA | 6381056 |
| CONSUMER ACCOUNTS | 5514641 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2175802 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 226930494 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1969938 | BOY |
| EOY | 1853337 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 774525 | BOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21102076 | BOY |
| EOY | 21463955 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6887622 | BOY |
| EOY | 7074337 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1354440 | BOY |
| EOY | 1737766 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1517388 | BOY |
| EOY | 1762671 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 345180549 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 89118723 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 240658282 | BOY |
| EOY | 256061826 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5719527 | BOY |
| EOY | 3385506 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7284 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 279991082 | BOY |
| EOY | 293339398 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33985911 | BOY |
| EOY | 44057118 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 99305967 | BOY |
| EOY | 96216369 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9642320 | BOY |
| EOY | 10305899 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 142934198 | BOY |
| EOY | 150579386 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 809350 | BOY |
| EOY | 810906 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 136247534 | BOY |
| EOY | 141949106 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 137056884 | BOY |
| EOY | 142760012 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 279991082 | BOY |
| EOY | 293339398 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 6388572 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -685444 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2496372 | OtherCostOrOtherBasis |
| Book Value | 2496372 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7945828 | OtherCostOrOtherBasis |
| Depreciation | 2385134 | Depreciation |
| Book Value | 5560694 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 320398739 | OtherCostOrOtherBasis |
| Depreciation | 86733589 | Depreciation |
| Book Value | 233665150 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14339610 | OtherCostOrOtherBasis |
| Book Value | 14339610 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 256061826 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CUSTOMER DEPOSITS | $4,347,299 |
| POST RETIREMENT BENEFITS | $5,958,600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 10305899 | TotalOfAmounts |
| Total Revenue | 233319066 | TotalRevenue |
| Total Expenses | 226930494 | TotalExpenses |
| Excess Or Deficit For Year | 6388572 | ExcessOrDeficitForYear |
| Other | -$685,444 | OtherAmount |
| Total Adjustments | -685444 | TotalAdjustments |
| Excess Or Deficit Per FS | 5703128 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 233320622 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 1556 | OtherRevenues |
| Revenue Not Rptd F990 | 1556 | RevenueNotRptdF990 |
| Revenue Subtotal | 233319066 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 233319066 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 227617494 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 687000 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 687000 | ExpensesNotRptdF990 |
| Expenses Subtotal | 226930494 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 226930494 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | NOTE 17 UNCERTAIN TAX POSITIONS EFFECTIVE JULY 1, 2009, NGEMC IMPLEMENTED THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF ASC TOPIC 740, INCOME TAXES. THE ADOPTION OF FASB ASC 740 DID NOT HAVE A MATERIAL IMPACT ON NGEMCS FINANCIAL STATEMENTS. NGEMC HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE, AND THERE ARE NO MATERIAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS. NGEMCS EVALUATION WAS PERFORMED FOR TAX YEARS ENDED JUNE 30, 2009 THROUGH JUNE 30, 2012, THE YEARS THAT REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS JUNE 30, 2012. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | MEMBERSHIP INCREASE DURING THE YEAR 1,556. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | OTHER COMPREHENSIVE LOSS 687,000. | |
| INVESTMENTS - LAND, BUILDINGS AND EQUIPMENT - PART VI - OTHER: OTHER ASSETS IS MADE UP OF CONSTRUCTION AND RETIREMENT WORK IN PROGRESS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GENE FRANKLIN | |||||||||||||
| 164113 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 164113 | 0 | 0 | 0 |
| RONALD O HUTCHINS | |||||||||||||
| 301303 | 0 | 0 | 0 | 0 | 0 | 105044 | 0 | 16198 | 0 | 422545 | 0 | 0 | 0 |
| KATHRYN D WEST | |||||||||||||
| 165755 | 0 | 0 | 0 | 0 | 0 | 65323 | 0 | 17111 | 0 | 248189 | 0 | 0 | 0 |
| KIM GAMEL | |||||||||||||
| 100350 | 0 | 0 | 0 | 0 | 0 | 53257 | 0 | 16810 | 0 | 170417 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | NGEMC HAS 98,323 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 WITH THE CPA FIRM WHICH PREPARED IT 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 EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS YEARLY. THE BOARD ALSO DETERMINES 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. | |
| DURING NGEMC'S FISCAL YEAR ENDED JUNE 30, 2011, THE CORPORATION INCURRED SUBSTANTIAL TORNADO DAMAGE. THE CORPORATION RECEIVED A FEMA DISASTER ASSISTANCE GRANT TO SUBSIDIZE THEIR REPAIR COSTS. THIS GRANT IS GIVEN ON A REIMBURSEMENT BASIS AND FEMA HAS NOT FINISHED THEIR AUDIT TO FINALIZE THE ACTUAL AMOUNT OF THE GRANT. NGEMC HAS BOOKED AN ESTIMATE OF $244,859 AS A RECEIVABLE FOR THE YEAR ENDED JUNE 30, 2012. DUE TO RURAL UTILITY SERVICE REPORTING REQUIREMENTS FOR GRANTS, THE $244,859 IS SEEN AS A REIMBURSEMENT FOR EXPENSES AND THE GRANT INCOME IS REPORTED AS AN OFFSETTING AMOUNT TO EXPENSES INCURRED RELATING TO THE DISASTER. THE SURPLUS OF GRANT INCOME OVER EXPENSES INCURRED IS REPORTED IN CONSTRUCTION WIP AS AN OFFSETTING AMOUNT TO CAPITAL EXPENDITURES INCURRED AS A RESULT OF THE TORNADO. THEREFORE, FOR 990 REPORTING PURPOSES, WE HAVE INCLUDED $244,859 AS GOVERNMENT GRANT INCOME AND -$244,859 AS MISCELLANEOUS INCOME. | ||
| FORM 990, PART XI, LINE 5: | MEMBERSHIP INCREASE DURING YEAR 1,556. OTHER COMPREHENSIVE LOSS - APBO -687,000. TOTAL TO FORM 990, PART XI, LINE 5: -685,444. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| AUDIT OVERSIGHT PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. |