SATILLA RURAL ELECTRIC MEMBERSHIP CORP: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- SATILLA RURAL ELECTRIC MEMBERSHIP CORP (EIN 58-0417350)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-14
- IRS object ID
- 201213199349301886
- 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 | 2012-11-14T09:56:48-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 582475857 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NICHOLS CAULEY & ASSOCIATES LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 CORDER ROAD | AddressLine1 |
| City | WARNER ROBINS | City |
| State | GA | State |
| ZIP Code | 310887166 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580417350 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SATILLA RURAL ELECTRIC MEMBERSHIP CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SATI | NameControl |
| Phone | 9126327222 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 906 | AddressLine1 |
| City | ALMA | City |
| State | GA | State |
| ZIP Code | 315101006 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROMEO REYES | Name |
| Title | PRESIDENT/CEO | Title |
| Phone | 9126327222 | Phone |
| Date Signed | 2012-11-08 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LENN L HALL | Name |
| PTIN | P00530393 | PTIN |
| Phone | 4789293888 | Phone |
| Date Prepared | 2012-11-08 | 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 | ROMEO REYES | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 928 HIGHWAY 32 EAST | AddressLine1 |
| City | ALMA | City |
| State | GA | State |
| ZIP Code | 31510 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 112041504 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.SATILLAEMC.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1937 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | TO BE RECOGNIZED AS A COMPANY HAVING THE POWER TO MEET THE CHANGING NEEDS AND DEMANDS OF OUR CUSTOMERS BY PROVIDING SUPERIOR ENERGY AND NON-ENERGY RELATED PRODUCTS AND SERVICES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 151 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 108155966 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 110378086 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 149779 | InvestmentIncomePriorYear |
| Investment Income Current Year | 227317 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2192456 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1435509 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 110498201 | TotalRevenuePriorYear |
| Total Revenue Current Year | 112040912 | 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 | 6888574 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 588223 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 578607 | 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 | 103778065 | OtherExpensePriorYear |
| Other Expenses Current Year | 104573731 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 104366288 | TotalExpensesPriorYear |
| Total Expenses Current Year | 112040912 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 6131913 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 0 | RevenuesLessExpensesCY |
| Total Assets BOY | 178976465 | TotalAssetsBOY |
| Total Assets EOY | 184379224 | TotalAssetsEOY |
| Total Liabilities BOY | 105245472 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 106661869 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 73730993 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 77717355 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO BE RECOGNIZED AS A COMPANY HAVING THE POWER TO MEET THE CHANGING NEEDS AND DEMANDS OF OUR CUSTOMERS BY PROVIDING SUPERIOR ENERGY AND NON-ENERGY RELATED PRODUCTS AND SERVICES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 112040912 | Expense |
| Description | TO FURNISH OUR MEMBERS WITH DEPENDABLE ELECTRIC SERVICE AT THE LOWEST COST POSSIBLE. | Description |
| Total Program Service Expense | 112040912 | TotalProgramServiceExpense |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | 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 | 1 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | 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 | 1 | 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 | 34 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 151 | 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 |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Gross Income From Members | 109472789 | GrossIncomeFromMembers |
| Gross Income Other Sources | 2568123 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | 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 | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 1 | LocalChapters |
| Policies Reference Chapters | 1 | PoliciesReferenceChapters |
| 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 | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | 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 | RAYDELLE MAUFFRAY CPA MANAGER OF A | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9126323431 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 928 GA HWY 32 EAST | AddressLine1 |
| City | ALMA | City |
| State | GA | State |
| ZIP Code | 31510 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (16 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| DAVID H BENNETT JR | |||||||
| DIRECTOR | 10.00 | X | 22442 | 0 | 0 | ||
| FRED C HARRISON SR | |||||||
| DIRECTOR | 10.00 | X | 10735 | 0 | 0 | ||
| THOMAS J MORRIS | |||||||
| DIRECTOR | 10.00 | X | 12135 | 0 | 0 | ||
| SCOTT DAY | |||||||
| DIRECTOR (PART OF YEAR) | 10.00 | X | 2596 | 0 | 0 | ||
| KENNETH M VICKERS | |||||||
| DIRECTOR (PART OF YEAR) | 10.00 | X | 17456 | 0 | 0 | ||
| JULIAN RIGBY | |||||||
| DIRECTOR/TREASURER | 10.00 | X | 23292 | 0 | 0 | X | |
| HERMAN SELLERS | |||||||
| DIRECTOR/SECRETARY | 10.00 | X | 11035 | 0 | 0 | X | |
| RL LEWIS JR | |||||||
| DIRECTOR/CHAIRMAN | 10.00 | X | 23092 | 0 | 0 | X | |
| G HINSON MOSLEY | |||||||
| DIRECTOR/VICE CHAIRMAN | 10.00 | X | 11885 | 0 | 0 | X | |
| ROMEO A REYES | |||||||
| PRESIDENT/CEO | 40.00 | 179223 | 0 | 47434 | X | ||
| MARK A JOHNSON | |||||||
| VP CORP & SYS SERVICES | 40.00 | 170964 | 0 | 46317 | X | ||
| JOHNNY D ALLEN | |||||||
| DIRECTOR OF LINE SERVICES | 40.00 | 143545 | 0 | 47938 | X | ||
| WILLIAM M WHITTINGTON | |||||||
| DIRECTOR OF CUSTOMER SERVI | 40.00 | 135333 | 0 | 43215 | X | ||
| RICHARD F URSREY | |||||||
| ASST. DIRECTOR OF CUSTOMER SERVICE | 40.00 | 124712 | 0 | 41077 | X | ||
| ROBERT K BENNETT JR | |||||||
| DIRECTOR OF DISTRIBUTION SERVICES | 40.00 | 123790 | 0 | 39946 | X | ||
| JOHN R SWEAT | |||||||
| FLEET MATERIALS MANAGER | 40.00 | 123580 | 0 | 41077 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1135815 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 307004 | TotalOtherCompensation |
| Number Individuals GT100 K | 13 | 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 |
|---|---|---|---|---|---|
| ASPLUNDH TREE EXPERT CO | |||||
| PO BOX 75090 | CHARLOTTE | NC | 28275 | TREE TRIMMING | 1175977 |
| PIKE ELECTRIC | |||||
| PO BOX 1000 DEPT 517 | MEMPHIS | TN | 38148 | LINE EXTENSION | 1174782 |
| TOWNSEND TREE SERVICE CO INC | |||||
| 101 S MAIN STREET | PARKER CITY | IN | 47368 | TREE TRIMMING | 1113266 |
| D&T ALTMAN RIGHT OF WAY CONTRACTORS INC | |||||
| 802 S CHURCH STREET | ALMA | GA | 31510 | RIGHT OF WAY CLEARING/TRIMMING | 564723 |
| HELENA CHEMICAL COMPANY | |||||
| PO BOX 198153 | ATLANTA | GA | 30384 | RIGHT OF WAY CLEARING/TRIMMING | 468881 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| SALE OF ELECTRICITY | 221000 | 109429059 | 109429059 | |
| POLE RENTAL | 221000 | 949027 | $949,027 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 110378086 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 159775 | TotalRevenueColumn |
| Exclusion | $159,775 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 68134 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 592 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 67542 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 67542 | TotalRevenueColumn |
| Related Or Exempt Function Income | 67542 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| CAPITAL CREDIT ALLOCAT | 221000 | 1391779 | 1391779 |
| OTHER | 221000 | 43730 | 43730 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1435509 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 112040912 | TotalRevenueColumn |
| Related Or Exempt Function Income | 110932110 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,108,802 | ExclusionAmount |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6888574 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 578607 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3891429 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5437801 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| COST OF PURCHASED POWER | 75916856 |
| DISTRIBUTION MAINTENANC | 6740986 |
| DISTRIBUTION OPERATIONS | 5392284 |
| CONSUMER ACCOUNTS EXPEN | 3766310 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3428065 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 112040912 | Total |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2712715 | BOY |
| EOY | 5451650 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5188668 | BOY |
| EOY | 4755046 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1433688 | BOY |
| EOY | 1479880 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 170645910 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 31109981 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 137424123 | BOY |
| EOY | 139535929 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28679969 | BOY |
| EOY | 29413348 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3537302 | BOY |
| EOY | 3743371 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 178976465 | BOY |
| EOY | 184379224 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8136013 | BOY |
| EOY | 7201205 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80953654 | BOY |
| EOY | 78513234 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16155805 | BOY |
| EOY | 20947430 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105245472 | BOY |
| EOY | 106661869 | 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 | 0 | BOY |
| EOY | 0 | 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 | 73730993 | BOY |
| EOY | 77717355 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73730993 | BOY |
| EOY | 77717355 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 178976465 | BOY |
| EOY | 184379224 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 0 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 3986362 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 0 | FSAudited |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 170645910 | OtherCostOrOtherBasis |
| Depreciation | 31109981 | Depreciation |
| Book Value | 139535929 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 139535929 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| INVESTMENTS - OTHER ASSOCIATED ORGANIZATIONS | 5538955 | C |
| PATRONAGE CAPITAL - OPC | 18718611 | C |
| PATRONAGE CAPITAL - GTC | 4245223 | C |
| PATRONAGE CAPITAL - GSOC | 6085 | C |
| ECONOMIC DEVELOPMENT FUNDS | 910000 | C |
| OTHER | -5526 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 29413348 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CUSTOMER DEPOSITS | $2,961,782 |
| ACCRUED POSTRETIREMENT BENEFITS | $11,968,591 |
| DEFERRED CREDITS | $3,260,328 |
| OTHER CURRENT/ACCRUED EXPENSES | $2,756,729 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 20947430 | TotalOfAmounts |
| Total Revenue | 112040912 | TotalRevenue |
| Total Expenses | 112040912 | TotalExpenses |
| Excess Or Deficit For Year | 0 | ExcessOrDeficitForYear |
| Other | $6,888,574 | OtherAmount |
| Total Adjustments | 6888574 | TotalAdjustments |
| Excess Or Deficit Per FS | 6888574 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 112040912 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 112040912 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 112040912 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 105152338 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 105152338 | ExpensesSubtotal |
| Other Expenses Not Included | 6888574 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 6888574 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 112040912 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part XI, Line 8 - Other Adjustments: | Identifier |
| Explanation | PATRONAGE CAPITAL ALLOCATED TO MEMBERS 6,888,574. | Explanation |
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 (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROMEO A REYES | |||||||||||||
| 171905 | 0 | 7318 | 0 | 0 | 0 | 26190 | 0 | 21244 | 0 | 226657 | 0 | 0 | 0 |
| MARK A JOHNSON | |||||||||||||
| 163901 | 0 | 7063 | 0 | 0 | 0 | 25129 | 0 | 21188 | 0 | 217281 | 0 | 0 | 0 |
| JOHNNY D ALLEN | |||||||||||||
| 137643 | 0 | 5902 | 0 | 0 | 0 | 21018 | 0 | 26920 | 0 | 191483 | 0 | 0 | 0 |
| WILLIAM M WHITTINGTON | |||||||||||||
| 129834 | 0 | 5499 | 0 | 0 | 0 | 18858 | 0 | 24357 | 0 | 178548 | 0 | 0 | 0 |
| RICHARD F URSREY | |||||||||||||
| 119659 | 0 | 5053 | 0 | 0 | 0 | 18012 | 0 | 23065 | 0 | 165789 | 0 | 0 | 0 |
| ROBERT K BENNETT JR | |||||||||||||
| 118695 | 0 | 5095 | 0 | 0 | 0 | 17426 | 0 | 22520 | 0 | 163736 | 0 | 0 | 0 |
| JOHN R SWEAT | |||||||||||||
| 118527 | 0 | 5053 | 0 | 0 | 0 | 18012 | 0 | 23065 | 0 | 164657 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CHANGE FOR 2011 IN THE REPORTING OF "BENEFITS PAID TO OR FOR MEMBERS": | FORM 990, PART I, LINE 14: | THE CORPORATION DID NOT REPORT ON THEIR 2010 FORM 990 "BENEFITS PAID TO OR FOR MEMBERS" ON PART I, LINE 14 AND PART IX, LINE 4. HOWEVER, THE IRS FORM 990 INSTRUCTIONS EFFECTIVE FOR THE 2011 FORM 990 REQUIRE AN AMOUNT TO BE REPORTED FOR "BENEFITS PAID TO OR FOR MEMBERS" ON PART I, LINE 14 AND PART IX, LINE 4. THE CORPORATION ELECTS TO NOT RESTATE THE 2010 AMOUNTS AND LEAVE THE PRIOR YEAR AMOUNTS AS ORIGINALLY REPORTED. THE IRS REPORTING REQUIREMENTS FOR "BENEFITS PAID TO OR FOR MEMBERS" ON PART I, LINE 14 AND PART IX, LINE 4 AS AN EXPENSE IS DIFFERENT FROM THE CORPORATION'S REPORTING UNDER ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES (GAAP) FOR FINANCIAL REPORTING PURPOSES. THE CORPORATION HAS INTERPRETED THE AMOUNTS TO BE REPORTED ON PART I, LINE 14 AND PART IX, LINE 4, AS AMOUNTS ALLOCATED AND CALCULATED BASED ON THE 2011 AUDITED MARGINS. WHILE THESE AMOUNTS WERE NOT PAID OUT TO MEMBERS BEFORE DECEMBER 31, 2011, THE AMOUNT INCLUDED ON THE 2011 FORM 990 IS GENERATED USING 2011 FINANCIAL DATA AND RESULTS. |
| Form 990, Part VI, Section A, line 2 | 1. BOARD MEMBER JULIAN RIGBY'S DAUGHTER IS MARRIED TO THE SON OF HIGHLY COMPENSATED EMPLOYEE JOHNNY ALLEN. 2. BOARD MEMBER JULIAN RIGBY AND HIGHLY COMPENSATED EMPLOYEE JOHNNY ALLEN ARE SHAREHOLDERS IN ALMA PAK, INC. 3. BOARD MEMBER DAVID BENNETT HAS A CERTIFIED PUBLIC ACCOUNTING FIRM AND THIS FIRM PREPARES TAX RETURNS FOR OTHER BOARD MEMBERS. | |
| 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 EIGHT 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 AND CERTAIN MEMBERS OF MANAGEMENT BY THE CERTIFIED PUBLIC ACCOUNTING FIRM THAT PREPARED THE FORM 990. | |
| Form 990, Part VI, Section B, line 12c | AN ANNUAL DISCLOSURE OF ANY CONFLICTS OF INTEREST IS REQUIRED BY ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES, AND THE BOARD OF DIRECTORS REVIEWS THE DISCLOSURES. | |
| Form 990, Part VI, Section B, line 15a | THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE CEO'S COMPENSATION ON AN ANNUAL BASIS. COMPENSATION FOR KEY EMPLOYEES IS BASED ON A PAY MATRIX ESTABLISHED FOR THE POSITION. | |
| Form 990, Part VI, Section C, line 18 | A NOTICE IS POSTED IN THE LOBBY. | |
| Form 990, Part VI, Section C, line 19 | A NOTICE IS POSTED IN THE LOBBY. | |
| Changes in Net Assets or Fund Balances: | Form 990, Part XI, line 5: | INCREASE IN MEMBERSHIPS 170. DECREASE IN OTHER ACCUM COMPREHENSIVE INCOME -831,144. RETIREMENTS OF MEMBERS CAPITAL CREDITS -2,482,634. INCREASE IN GAINS FROM RETIRED CAPITAL CREDITS 411,396. PATRONAGE CAPITAL ALLOCATED TO MEMBERS 6,888,574. Total to Form 990, Part XI, Line 5: 3,986,362. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SATILLA REMC FOUNDATION INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 928 GEORGIA HIGHWAY 32 EAST | AddressLine1 |
| City | ALMA | City |
| State | GA | State |
| ZIP Code | 31510 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 582510297 | EIN |
| Primary Activities | SUPPORT OF LOCAL CHARITABLE ORGANIZATIONS | PrimaryActivities |
| Legal Domicile State | GA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 170(B)(1)(A)(VI) | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SATILLA REMC FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | Q | TransactionType |
| Amount Involved | 94763 | AmountInvolved |
| Method Of Amt Determination | CASH TRANSFERRED TO FOUNDATION | MethodOfAmtDetermination |