STRATEGY STUDIO / PUBLIC DATA EXPLORER

GEORGIA TRANSMISSION CORPORATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
GEORGIA TRANSMISSION CORPORATION (EIN 58-2231201)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-05-16
IRS object ID
201141369349301759
Schema version
2010v3.2
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

FieldValueIRS element (for citing)
Timestamp2011-05-16T08:38:53-07:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate
Return Type990ReturnType
Tax Period Begin Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN582231201EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1GEORGIA TRANSMISSION CORPORATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlGEORNameControl
Phone7702707625Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line12100 East Exchange PlaceAddressLine1
CityTuckerCity
StateGAState
ZIP Code30084ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameDale CooperName
TitleAssistant ControllerTitle
Phone7702707400Phone
Date Signed2011-05-16DateSigned
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonR Dale Cooper III CPANameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line12100 East Exchange PlaceAddressLine1
CityTuckerCity
StateGAState
ZIP Code30084ZIPCode
FieldValueIRS element (for citing)
Gross Receipts246519003GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web Sitewww.gatrans.comWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1996YearFormation
State Legal DomicileGAStateLegalDomicile
Activity Or Mission DescriptionTransmission of ElectricityActivityOrMissionDescription
Nbr Voting Members Governing Body14NbrVotingMembersGoverningBody
Nbr Independent Voting Members14NbrIndependentVotingMembers
Total Nbr Employees296TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year0ContributionsGrantsPriorYear
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year232790983ProgramServiceRevenuePriorYear
Program Service Revenue CY241786710ProgramServiceRevenueCY
Investment Income Prior Year4818234InvestmentIncomePriorYear
Investment Income Current Year4732293InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year237609217TotalRevenuePriorYear
Total Revenue Current Year246519003TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year4999038SalariesEtcPriorYear
Salaries Etc Current Year4472775SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year218076041OtherExpensePriorYear
Other Expenses Current Year227585270OtherExpensesCurrentYear
Total Expenses Prior Year223075079TotalExpensesPriorYear
Total Expenses Current Year232058045TotalExpensesCurrentYear
Revenues Less Expenses Prior Year14534138RevenuesLessExpensesPriorYear
Revenues Less Expenses CY14460958RevenuesLessExpensesCY
Total Assets BOY1824442581TotalAssetsBOY
Total Assets EOY1939358973TotalAssetsEOY
Total Liabilities BOY1645935476TotalLiabilitiesBOY
Total Liabilities EOY1746390910TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY178507105NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY192968063NetAssetsOrFundBalancesEOY
Mission DescriptionTransmission of ElectricityMissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense0Expense
Grants0Grants
Revenue0Revenue
DescriptionPRINCIPAL BUSINESS IS PROVIDING TRANSMISSION SERVICES. AT 12/31/10, GTC OWNED APPROXIMATELY 3040 MILES OF TRANSMISSION LINES AND 649 SUBSTATIONS. GTC SUCCEEDED TO ALL OF OGLETHORPE'S RIGHTS AND OBLIGATIONS WITH RESPECT TO THE ITS. ITS DESCRIPTION PROVIDED.Description
Total Of Other Program Service Exp0TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt0TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev0TotalOfOtherProgramServiceRev
Total Program Service Expense0TotalProgramServiceExpense
Described In501 C30DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds1TaxExemptBonds
Invest Tax Exempt Bonds0InvestTaxExemptBonds
Escrow Account0EscrowAccount
On Behalf Of Issuer0OnBehalfOfIssuer
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With1096217NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees296NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Gross Income From Members230753973GrossIncomeFromMembers
Gross Income Other Sources16166202GrossIncomeOtherSources
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members14NbrVotingGoverningBodyMembers
Number Independent Voting Members14NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders1MembersOrStockholders
Election Of Board Members1ElectionOfBoardMembers
Decisions Subject To Approval1DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture1InvestmentInJointVenture
Written Policy Or Procedure1WrittenPolicyOrProcedure
Own WebsiteXOwnWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonR Dale Cooper III CPANamePerson
Telephone Number7702707625TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1Georgia Transmission CorporationAddressLine1
Address Line22100 East Exchange PlaceAddressLine2
CityTuckerCity
StateGAState
ZIP Code300845336ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (30 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerKey EmployeeKeyEmployee
Otis Jones
Director2X1080000
David Dunaway
Director2X810000
Gary Drake
Director1X800000
Jill S Tietjen
Director3X2630000
Charles R Fendley
Director1X1120000
Roy Tollerson Jr
Director0.5X120000
Steve E Rawl Sr
Director2X990000
J Everett Williams
Director0.5X800000
D Ronnie Lee
Director0.5X810000
Kenneth Cook
Director1.5X810000
Michael Goodroe
Director1X880000
James M Hubbard
Director3X2920000
Robert Lewis
Director2.5X800000
Chris McDermott
Director1X440000
Raphael Brumbeloe
Director1X760000
Jack Waters
Director1X380000
Michael Smith
President, CEO40414296030599X
Barbara Hampton
CFO40320026024820X
Jerry Donovan
Sr. Vice President40293757028648X
Harold Taylor
Vice President40199563030034X
Keith Daniel
Vice President40211717022877X
Tom Parker
Vice President40205927027146X
Russ Schussler
Vice President40205461035215X
David Van Winkle
Vice President40189524024102X
John C Raese
Vice President40173427025258X
Angela Sheffield
Director of Internal Audit40184725028664X
Anne Hicks
General Counsel40179671025199X
Lynn Huffines
Controller40174294026815X
James Etheridge
Manager, Transmission Line Maintenance40156458021678X
Angela Farsee
Manager, Human Resources40154032021388X
FieldValueIRS element (for citing)
Total Reportable Comp From Org3224378TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation372443TotalOtherCompensation
Number Individuals GT100 K216NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensationAddress Line2AddressOfContractor/AddressUS/AddressLine2
Georgia System Operations Corporation
2100 East Exchange PlaceTuckerGA30084Shared Services and Control Center Operations25146673
Georgia Power Company
241 Ralph McGill BlvdAtlantaGA303083374Construction Related Services17544351Bin 10120
Pike Electric Inc
PO Box 1000 Dept 517MemphisTN381480517Construction Services9567622
Aubrey Silvey Enterprises Inc
371 Hamp Jones RoadCarrolltonGA30117Construction Services5115657
PhotoScience Inc
2670 Wilhite DriveLexingtonKY40503Geospatial services including digital imaging services3919210
FieldValueIRS element (for citing)
Number Of Contractors GT100 K216NumberOfContractorsGT100K
Total Contributions0TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeUnrelated Business RevenueUnrelatedBusinessRevenueExclusionExclusionAmount
Network Services Revenue2210002029387852029387850$0
Transmission Rental Income22100033302412333024120$0
Other Revenues221000554551355455130$0

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount
FieldValueIRS element (for citing)
Total Program Service Revenue241786710TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column4732293TotalRevenueColumn
Related Or Exempt Function Income4732293RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real0Real
Personal0Personal

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities0Securities
Other0Other
FieldValueIRS element (for citing)
Total Other Revenue0TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column246519003TotalRevenueColumn
Related Or Exempt Function Income246519003RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total0Total

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total0Total

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total3441648Total

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total812087Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total0Total

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total219040Total

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total148691Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total0Total

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total0Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total0Total

Advertising Advertising

FieldValueIRS element (for citing)
Total34552Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total8668Total

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total0Total

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total0Total

Travel Travel

FieldValueIRS element (for citing)
Total0Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total74055Total

Interest Interest

FieldValueIRS element (for citing)
Total73426292Total

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total53439905Total

Insurance Insurance

FieldValueIRS element (for citing)
Total0Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotal
Operations and Maintenance62560701
GSOC OPS/SS Services18871965
Parity Expense14901913
OPC Allocations, A & G Expense3780776
Taxes Other than Income Taxes337752

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total232058045Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY28313030BOY
EOY60336186EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY29305999BOY
EOY22898197EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY92395053BOY
EOY124440278EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis2261115895LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec566986274LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY1638632608BOY
EOY1694129621EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY24480369BOY
EOY24807251EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY11315522BOY
EOY12747440EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY1824442581BOY
EOY1939358973EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY247873368BOY
EOY342690699EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY143290BOY
EOY130263EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY92735441BOY
EOY92495178EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY1291452511BOY
EOY1300076254EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY13730866BOY
EOY10998516EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY1645935476BOY
EOY1746390910EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY178507105BOY
EOY192968063EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY178507105BOY
EOY192968063EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1824442581BOY
EOY1939358973EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses14460958ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required1FederalGrantAuditRequired
Federal Grant Audit Performed0FederalGrantAuditPerformed

Schedule D IRS990ScheduleD

Land Land

FieldValueIRS element (for citing)
Investment Cost Or Other Basis0InvestmentCostOrOtherBasis
Other Cost Or Other Basis302406914OtherCostOrOtherBasis
Book Value302406914BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Investment Cost Or Other Basis0InvestmentCostOrOtherBasis
Other Cost Or Other Basis107840729OtherCostOrOtherBasis
Depreciation34917129Depreciation
Book Value72923600BookValue

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Investment Cost Or Other Basis0InvestmentCostOrOtherBasis
Other Cost Or Other Basis0OtherCostOrOtherBasis
Depreciation0Depreciation
Book Value0BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Investment Cost Or Other Basis0InvestmentCostOrOtherBasis
Other Cost Or Other Basis1782738093OtherCostOrOtherBasis
Depreciation519230439Depreciation
Book Value1263507654BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Investment Cost Or Other Basis0InvestmentCostOrOtherBasis
Other Cost Or Other Basis68130159OtherCostOrOtherBasis
Depreciation12838706Depreciation
Book Value55291453BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings1694129621TotalOfBookValueLandBuildings
Federal Income Tax Liability0FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescriptionAmountAmount
Gain on Bonds$4,423,042
Accumulated Provision for Benefits$658,597
Deferred Hedge Settlement$5,916,877
FieldValueIRS element (for citing)
Total Of Amounts10998516TotalOfAmounts
Total Revenue246519003TotalRevenue
Total Expenses232058045TotalExpenses
Excess Or Deficit For Year14460958ExcessOrDeficitForYear
Net Unrealized GL On Investments0NetUnrealizedGLOnInvestments
Donated Services And Facilities0DonatedServicesAndFacilities
Investment Expenses0InvestmentExpenses
Prior Period Adjustments0PriorPeriodAdjustments
Other$0OtherAmount
Total Adjustments0TotalAdjustments
Excess Or Deficit Per FS14460958ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt246519003TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments0NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities0DonatedSrvcAndUseOfFacilities
Recoveries Of Prior Year Grants0RecoveriesOfPriorYearGrants
Other Revenues0OtherRevenues
Revenue Not Rptd F9900RevenueNotRptdF990
Revenue Subtotal246519003RevenueSubtotal
Investment Expenses Not Included0InvestmentExpensesNotIncluded
Other Revenues Not Included0OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form990246519003TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt232058045TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities0DonatedServicesUseOfFacilities
Prior Year Adjustments0PriorYearAdjustments
Losses Reported0LossesReported
Other Expenses Included0OtherExpensesIncluded
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal232058045ExpensesSubtotal
Investment Expenses Not Included20InvestmentExpensesNotIncluded2
Other Expenses Not Included0OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form990232058045TotalExpensesPerForm990

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Discretionary Spending AccountXDiscretionarySpendingAccount
Written Policy Re T And E Expenses1WrittenPolicyReTAndEExpenses
Substantiation Required1SubstantiationRequired
Compensation CommitteeXCompensationCommittee
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (30 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
Otis Jones
0000108000000010800092000
David Dunaway
00008100000008100069000
Gary Drake
00008000000008000080000
Jill S Tietjen
00002630000000263000257000
Charles R Fendley
00001120000000112000117000
Roy Tollerson Jr
00001200000001200092000
Steve E Rawl Sr
00009900000009900093000
J Everett Williams
00008000000008000080000
D Ronnie Lee
00008100000008100081000
Kenneth Cook
00008100000008100081000
Michael Goodroe
00008800000008800080000
James M Hubbard
00002920000000292000292000
Robert Lewis
00008000000008000080000
Chris McDermott
00004400000004400086000
Raphael Brumbeloe
00007600000007600000
Jack Waters
00003800000003800000
Michael Smith
3803080100000153890000040569704213120
Jerry Donovan
275452000116580000028711002936740
Keith Daniel
19819900070170000020521602117150
Barbara Hampton
301680000100260000031170603199720
Tom Parker
192033000873203300000023376502388270
Harold Taylor
18585500074890000019334401994300
Russ Schussler
18912100069190962500020566502147030
David Van Winkle
17446700074540000018192101892960
John C Raese
15757800072120000016479001722100
Angela Sheffield
17281600051250000017794101905790
Anne Hicks
1706010003710000017097201787530
Lynn Huffines
168185000129401200000018147901730160
James Etheridge
14398800072090000015119701537520
Angela Farsee
14589200019590000014785101523480

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
IdentifierSchJ_P01_S00_L01aIdentifier
Return ReferenceSchedule J, Part I, Line 1aReturnReference
ExplanationAll Georgia Transmission Corporation Officers and qualifying associates are eligible to receive a car allowance. The amounts range from $6000 to $12000. Amounts received are not grossed up for income tax purposes and the respective amount is reflected as part of gross wages, box 1, form W-2 for each respective individual receiving an allowance. Car allowances are reviewed annually.Explanation

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)

Business Name Line2IssuerName/BusinessNameLine2CUSIP NumberCUSIPNumberDate IssuedDateIssuedIssue PriceIssuePriceDescription Of PurposeDescriptionOfPurposeDefeasedDefeasedOn Behalf Of IssuerOnBehalfOfIssuerPool FinancingPoolFinancing
Georgia Development Authorities
Oglethorpe Power Corporation Project Series 2007A Due 2039121342MB22008-04-0427105000Pollution Control Revenue Bonds000
Georgia Development Authorities
Oglethorpe Power Corporation Project Series 2007B Due 2038121342MC02008-04-0427210000Polluiton Control Revenue Bonds000
Georgia Development Authorities
Oglethorpe Power Corporation Project Series 2008D Due 2040121342MS52008-12-1040150000Pollution Control Revenue Bonds000

Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)

Amount RetiredAmountRetiredAmount Bond DefeasedAmountBondDefeasedTotal ProceedsTotalProceedsAmount In Reserve FundAmountInReserveFundCapitalized InterestCapitalizedInterestRefunding EscrowRefundingEscrowIssuance Costs From ProceedsIssuanceCostsFromProceedsCredit EnhancementCreditEnhancementWorking Capital ExpendituresWorkingCapitalExpendituresCapital ExpendituresCapitalExpendituresOther Spent ProceedsOtherSpentProceedsAmount UnspentAmountUnspentYear Of Subst CompletionYearOfSubstCompletionCurrent RefundingCurrentRefundingAdvance RefundingAdvanceRefundingFinal Allocation MadeFinalAllocationMadeAdequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
00000000000019790011
00000000000019790011
00000000000019790011

Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)

Owning Bond Financed PropertyOwningBondFinancedPropertyAny Lease ArrangementsAnyLeaseArrangementsMngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprtyAny Research AgreementsAnyResearchAgreementsBond Counsel Routinely EngagedBondCounselRoutinelyEngagedPrcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthersPercentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBITotal Private Business UseTotalPrivateBusinessUsePost Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
000000001
000000001
000000001

Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)

Form8038 T FiledForm8038TFiledVariable Rate IssueVariableRateIssueHedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecdsGross Proceeds Invested In GICGrossProceedsInvestedInGICGross Proceeds InvestedGrossProceedsInvestedException To RebateExceptionToRebate
010000
010000
010000

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
F990_P06_S0A_L06Form 990, Part VI, Section A, Line 6Georgia Transmission Corporation ("GTC") is a tax exempt 501(c)(12) entity whose membership consists of 39 EMC's in the state of Georgia and Oglethorpe Power Corporation, a Georgia electric membership corporation not for profit cooperative.
F990_P06_S0A_L07aForm 990, Part VI, Section A, Line 7aThe corporation has members who elect members of the governing body as provided for in its bylaws.
F990_P06_S0A_L07bForm 990, Part VI, Section A, Line 7bCertain decisions of the governing body are subject to approval by members as provided for in its bylaws.
F990_P06_S0B_L11aForm 990, Part VI, Section B, Line 11aForm 990 is prepared internally by Georgia Transmission Corporation ("GTC"). the preparer is a licensed CPA in the state of Georgia. Information is accumulated from the GTC financial statements and supporting detail for the respective tax year. Form 990 is prepared and documented accordingly. A draft of form 990 is reviewed by two additional CPA's, one internal to GTC and one external to GTC. All comments from the review process are documented, addressed and if appropriate, any necessary changes are made to the Form 990. Once changes are made, the draft form 990 is discussed with the reviewer to ensure all review points are cleared. Once a draft copy of the Form 990 is complete, it is submitted to the Board for review. Any subsequent comments and requested changes will be reviewed and addressed accordingly. The final version of the Form 990 will then be e-filed accordingly.
F990_P06_S0B_L12cForm 990, Part VI, Section B, Line 12cGeorgia Transmission Corporation ("GTC") maintains a corporate policy that provides guidelines and standards for the employees and directors of GTC to avoid conflicts of interest or any appearance of conflicts of interest, so that the affairs of GTC may be carried out in a businesslike and ethical manner. At time of hiring, all employees are required to review this policy and sign an acknowledgement that they have received and understand the policy. To ensure continued compliance with this policy, GTC internal Audit coordinates the mail out and receipt of questionnaires annually to all associates and board members, which require these individuals to disclose any potential conflicts of interest. An audit is performed of all disclosures to determine whether an actual conflict of interests exists and what actions need to be taken, Results of the audit are reported to the Audit committee of the Board.
F990_P06_S0B_L15Form 990, Part VI, Section B, Line 15Georgia Transmission Corporation ("GTC") has a compensation committee that is a subset of the Board of Directors. GTC's CEO salary is market reviewed annually and submitted by Human Resources to the committee for approval. The committee would then present the salary increase recommendation to the Board of Directors for final approval.
F990_P06_S0C_L19Form 990, Part VI, Section C, Line 19Currently, Georgia Transmission Corporation publishes its financial statements in pdf format on its website, www.gatrans.com Any governing documents and conflict of interest policy are available on the intercompany document retrieval system, but are available upon request by the general public.
F990_P12_S00_L03bForm 990, Part XII, Line 3bThe corporation received monies from FEMA in late 2010. As a result of the award, GTC is undergoing the required A-133 audit for 2010 during a tentative time frame of May 2011 to June 2011. The audit is expected to be completed by the end of June 2011.