2026-04-14T18:33:33-04:00 2025-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2025-01-01 580197945 COASTAL ELECTRIC MEMBERSHIP CORP COAS 9128843311 PO BOX 109 MIDWAY GA 313200109 CHRISTOPHER W FETTES EXECUTIVE VP & CEO 9128802244 2026-04-14 true WILLIAM R ROUNTREE P01231836 4787466277 2026-04-14 2025 2025-03-06 01:10:19Z ATTN EMILY S CANNON CHRISTOPHER W FETTES PO BOX 109 MIDWAY GA 31320 78433648 false X HTTP://WWW.COASTALEMC.COM X 1940 GA TO MEET OR EXCEED MEMBER-OWNER'S EXPECTATIONS BY BEING AN OUTSTANDING PROVIDER OF ENERGY SERVICES. 9 9 84 0 0 71444782 78297123 86929 99272 10213 37253 71541924 78433648 0 3820555 3429179 684308 734486 0 0 67037061 74269983 71541924 78433648 0 181691685 198082553 113028733 127484982 68662952 70597571 TO MEET OR EXCEED MEMBER-OWNER'S EXPECTATIONS BY BEING AN OUTSTANDING PROVIDER OF ENERGY SERVICES. false false N/A false false false false false false false false false true false true false true false false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true X 55 0 true 84 true false false false false false 75784983 482637 false false false X 9 9 false false false false true true true true true false false true true true true true true true true true true GA X EMILY CANNON 9128843311 PO BOX 109 MIDWAY GA 31320 JOHN T WOODS III PRESIDENT 12.00 X X 33952 0 0 REAGAN ODOM VICE-PRESIDE 5.00 X X 33569 0 0 LAURA MCGEE SECRETARY-TR 6.00 X X 18982 0 0 KYLE CHRISTIANSEN DIRECTOR 3.00 X 12732 0 0 HOLLY FIELDS DIRECTOR 3.00 X 15011 0 0 CHARLES GASKIN DIRECTOR 4.00 X 15882 0 0 JOSEPH F GILL DIRECTOR 3.00 X 10482 0 0 JOHN B KEARNS DIRECTOR 5.00 X 38731 0 0 KEN P LUKE DIRECTOR 2.00 X 8132 0 0 CHRISTOPHER W FETTES EXECUTIVE VP 50.00 X 401322 0 145691 EMILY CANNON VP ACCT. & M 50.00 X 233212 0 33891 JOHN M BOLTON VP COMM & MA 50.00 X 232979 0 77795 BRIAN HAYES VP ENGINEER 50.00 X 211874 0 72361 JAMES HORTON JR MANAGER, OPE 50.00 X 168777 0 63439 DAPHANIE HARRIS MANAGER, HR 50.00 X 168203 0 53028 1603840 446205 32 false true false KENNEDY BROADBAND LLC 14480 62ND ST N STE A CLEARWATER FL 33760 CONSTRUCTION 1617846 ELECTRICOM LLC 1660 W HOSPITAL RD PAOLI IN 47454 POLE INSP. 1260680 ASPLUNDH 708 BLAIR MILL ROAD WILLOW GROVE PA 19090 RIGHT OF WAY 1129108 LEE ELECTRICAL CONSTRUCTION 12828 US-501 ABERDEEN NC 28315 CONSTRUCTION 1030985 PIKE ELECTRIC INC 212 INDUSTRIAL PARK DR CUMMING GA 30040 CONSTRUCTION 877333 10 ELECTRIC REVENUE 221000 75784983 75784983 G & T CAPITAL CREDITS 221000 1222356 1222356 POLE RENTAL 221000 877881 877881 OTHER CAPITAL CREDITS 221000 411903 411903 78297123 99272 99272 TOWER RENTAL INCOME 23188 23188 GAIN ON DISPOSITION OF PROPER 14065 14065 37253 78433648 77456495 977153 3429179 734486 4289313 6219196 PURCHASED POWER 48933591 DISTRIBUTION OPERATIONS 4509128 ADMIN. & GENERAL EXP. 3670252 CONSUMER ACCOUNTS 2985438 3663065 78433648 0 0 0 2704616 5272192 5871576 9264168 7265675 6539195 395468 217538 202286624 46855172 143832210 155431452 20029908 21350083 1592232 7925 181691685 198082553 11001369 8935660 100088409 116609147 1938955 1940175 113028733 127484982 X 101275 104505 68561677 70493066 68662952 70597571 181691685 198082553 X 0 1934619 X false true X true false 1065067 1065067 7080846 4092279 2988567 194140711 42762893 151377818 155431452 PATRONAGE CAPITAL FROM ASSOC. 20366642 C OTHER 655077 C CFC CTC'S 328364 C 21350083 CONSUMER DEPOSITS 1856616 DEFERRED CREDITS 83559 1940175 78433648 78433648 78433648 75004469 75004469 3429179 3429179 78433648 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS ASSIGNED TO MEMBERS 3,429,179 X X X X X X false false false CHRISTOPHER W FETTES EXECUTIVE VP & CEO 356389 4524 40409 137812 7879 547013 EMILY CANNON VP ACCT. & MEM SVCS 216033 5236 11943 30942 2949 267103 JOHN M BOLTON VP COMM & MARKETING 199213 2572 31194 69916 7879 310774 BRIAN HAYES VP ENGINEER & OPS 189785 3971 18118 64482 7879 284235 JAMES HORTON JR MANAGER, OPERATIONS 150334 2499 15944 55560 7879 232216 DAPHANIE HARRIS MANAGER, HR 164090 2456 1657 53028 221231 SCHEDULE J, PART III THE CORPORATION HAS DEPOSITED FUNDS, REPRESENTING DEFERRED COMPENSATION, ON BEHALF OF QUALIFIED EMPLOYEES WHO HAVE ELECTED TO DEFER CERTAIN AMOUNTS OF COMPENSATION. THE CORPORATION IS SUBJECT TO ASSESSMENT FOR ANY AMOUNTS BY WHICH THE MARKET VALUATION OF THE FUNDS MIGHT FALL SHORT OF CONTRACTED AND GUARANTEED AMOUNTS DUE THE EMPLOYEES. THE ANNUAL DEFERRAL OF THE COMPENSATION PLAN IS CALCULATED IN ACCORDANCE WITH IRC SECTION 457, SUBJECT TO CHANGES UNDER IRC SECTION 457(B). THERE WERE NO DISTRIBUTIONS TO FORMER DIRECTORS OR OFFICERS WHICH WERE REQUIRED TO BE REPORTED ON THE FORM 990. PARTICIPANT DEFERRALS ARE INCLUDED IN SCHEDULE J, COLUMN C. FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7A THE COOPERATIVE HAS MEMBERS WHO ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 12C THE COOPERATIVE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE BOARD AS PROVIDED FOR IN THE COOPERATIVE'S POLICY WHICH IS INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR KEY EMPLOYEES IS REVIEWED AND APPROVED THROUGH THE USE OF A PERFORMANCE REVIEW CONDUCTED BY THE CEO AS PRESCRIBED BY THE COOPERATIVE'S WAGE AND SALARY PLAN. FORM 990, PAGE 6, PART VI, LINE 19 THE COOPERATIVE MAKES ITS BYLAWS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS PART OF ITS FORM 990. THE FORM 990 IS AVAILABLE UPON REQUEST AS REFLECTED IN PART VI SECTION C LINE 18. FORM 990, PART XI, LINE 9 CHANGE IN MEMBERSHIP FEES 3,230 PATRONAGE CAPITAL CREDITS ASSIGNED 3,429,179 INCOME FROM TAXABLE SUBSIDIARY 77,882 PATRONAGE CAPITAL CREDITS RETIRED -1,415,882 RETIRED CAPITAL CREDITS - GAIN -159,790 TOTAL 1,934,619 COASTAL EMC FOUNDATION INC PO BOX 109 MIDWAY GA 313200109 582076664 CHARITY GA 3 7 NA false COASTAL FIBER INC 1265 SOUTH COASTAL HWY MIDWAY GA 31320 872954685 BROADBAND GA COAST EMC C CORP 202058 1244353 1.00000 true false true false false false false false false false false false false false true true false true false false COASTAL FIBER INC O 14479 COST - (PSC APPROVED CAM) COASTAL FIBER INC Q 650429 COST - (PSC APPROVED CAM) COASTAL FIBER INC N 2782 COST - (PSC APPROVED CAM) COASTAL EMC FOUNDATION INC O 4976 FMV COASTAL EMC FOUNDATION INC B 666213 NBV COASSTAL EMC FOUNDATION INC B 2032 COST SCHEDULE R COASTAL FIBER, INC.: STATE OF GEORGIA SENATE BILL 2 (GEORGIA LAW), WHICH AMENDED CHAPTER 3 OF TITLE 46, ALLOWS ELECTRIC MEMBERSHIP CORPORATIONS TO ENGAGE IN CERTAIN ACTIVITIES IN ORDER TO FACILITATE THE PROVISION OF BROADBAND SERVICES; TO SPECIFICALLY AUTHORIZE ELECTRIC MEMBERSHIP CORPORATIONS AND THEIR AFFILIATES TO PROVIDE BROADBAND SERVICES; TO PROVIDE FOR AND REVISE DEFINITIONS; TO AUTHORIZE CERTAIN FINANCING AND PARTNERSHIPS FOR THE PROVISION OF BROADBAND SERVICES. AS SUCH COASTAL FIBER, INC. (COASTSAL FIBER) IS A WHOLLY-OWNED SUBSIDIARY OF COASTAL EMC. COASTAL FIBER IS A PROVIDER OF RETAIL BROADBAND SERVICES. COASTAL EMC AND COASTAL FIBER OPERATE UNDER A COST ALLOCATION MANUAL APPROVED BY THE GEORGIA PUBLIC SERVICE COMMISSION. THE COST ALLOCATION MANUAL IS DESIGNED TO PREVENT CROSS-SUBSIDIZATION BETWEEN COASTAL EMC'S ELECTRIC OPERATIONS AND THE RETAIL BROADBAND OPERATIONS OF COASTAL FIBER. COASTAL EMC FOUNDATION, INC.: THE CORPORATION'S MEMBERS CAN PARTICIPATE IN AN OPERATION ROUNDUP PROGRAM AND HAVE THEIR ELECTRIC BILL ROUNDED TO THE NEXT HIGHEST WHOLE DOLLAR EACH MONTH. THESE FUNDS ARE TREATED AS CONTRIBUTIONS TO COASTAL EMC FOUNDATION, INC. (THE FOUNDATION), A NONPROFIT 501(C)(3) ORGANIZATION. THE FOUNDATION MAINTAINS A SEPARATE BOARD OF DIRECTORS WHICH APPROVES CHARITABLE ASSISTANCE TO THE AREAS SERVED BY COASTAL ELECTRIC MEMBERSHIP CORPORATION. THE FOUNDATION HAS NO EMPLOYEES. THE TRANSACTIONS BETWEEN THE CORPORATION AND THE FOUNDATION REPORTED ON SCHEDULE R, PART V REPRESENT THE VALUE OF THE SERVICES DONATED BY THE CORPORATION TO THE FOUNDATION.