2023-04-12T09:29:58-04:00 2022-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2022-01-01 580184715 CARROLL ELECTRIC MEMBERSHIP CORPORATION CARR 7708323552 155 N HWY 113 CARROLLTON GA 30117 TIMOTHY C MARTIN PRES & CEO 7708323552 2023-05-15 TIMOTHY C MARTIN XXX-XX-XXXX false H TERRELL MCMICHAEL JR P01259982 4787466277 2023-04-12 2022 2023-04-26 12:10:37Z TIMOTHY C MARTIN 135228596 false X WWW.CEMC.COM X 1936 GA SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT THE LOWEST PRICE CONSISTENT WITH HIGH STANDARDS OF SERVICE. 9 9 156 0 0 120374655 134807297 637948 406899 46824 14400 121059427 135228596 0 6935094 4062026 925806 977426 0 0 113198527 130189144 121059427 135228596 0 281988599 296778132 155148181 167327422 126840418 129450710 TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT THE LOWEST PRICE CONSISTENT WITH HIGH STANDARDS OF SERVICE. false false N/A false false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 115 0 true 156 true false false false false false 131965596 612957 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 CARROLL EMC 7708323552 155 N HWY 113 CARROLLTON GA 301177501 EDDIE GORE CHAIRMAN 15.00 X X 47214 0 0 MAX GOLDIN VICE CHAIRMA 16.00 X X 64407 0 0 RONNIE JORDAN SECRETARY-TR 15.00 X X 50757 0 0 EMMETT HARROD DIRECTOR 15.00 X 45558 0 0 NAN PHILPOT DIRECTOR 12.00 X 38614 0 0 DONNIE BRANNON DIRECTOR 20.00 X 44257 0 0 DON DEFOOR DIRECTOR 18.00 X 54864 0 0 ALVIN GINN DIRECTOR 15.00 X 45814 0 0 LYNN JOYNER DIRECTOR 15.00 X 50787 0 0 TIMOTHY C MARTIN PRES & CEO 50.00 X 438569 0 96585 KEVIN J JOHNSTON COO 45.00 X 294393 0 79908 JENNIFER HARMON VP., FIN. & 45.00 X 233848 0 63927 JAY GILL SVP MEMBER S 55.00 X 232297 0 58978 KIM JENNINGS VP HUMAN RES 45.00 X 216327 0 50404 JAMES LAYTON SYSTEM ENGIN 45.00 X 202596 0 54721 2060302 404523 51 false true false CAPPSTONE ENERGY GROUP LLC PO BOX 2295 COVINGTON GA 30015 ENGINEERING 1439877 PROSOURCE UTILITY CONTRACTORS LLC P O BOX 197 BOWDON JUNCTION GA 30109 UTILITY SERVICE 1275987 ACE POLE ACQUISITION LLC 6352 TIMBER LN BLACKSHEAR GA 31516 UTILITY SERVICE 398389 TOP GUN APPLICATION SERVICES 160 EUBANKS FARM RD INMAN SC 29349 ROW CLEARING 178490 BOBCAT OF MACON 428 INTERSTATE DR MACON GA 31210 EQUIPMENT 104860 5 ELECTRIC REVENUE 221000 131926338 131926338 POLE RENTAL 221000 2344230 2344230 OTHER CAPITAL CREDITS 221000 536729 536729 134807297 406899 57 406842 REVENUE - BROADBAND 12900 12900 GAIN ON DISPOSITION OF PROPER 1500 1500 14400 135228596 132476024 2752572 4062026 977426 1314285 4242374 10635957 PURCHASED POWER 91948366 DISTRIBUTION MAINTENANCE 7040426 OTHER DEDUCTIONS 6535399 ADMIN. & GENERAL EXP. 5154118 3318219 135228596 0 0 0 7582137 5031917 13300000 1058041 8235603 9082348 552238 533791 2168565 3357982 10255331 10921313 343948472 98762540 230820874 245185932 7782500 8011023 1291351 13595785 281988599 296778132 12643216 18669744 9000000 5000000 130198796 140298430 3306169 3359248 155148181 167327422 X 1659316 1781708 125181102 127669002 126840418 129450710 281988599 296778132 X 0 2610292 X false true X true true true 192244 192244 343756228 98762540 244993688 245185932 CONSUMER DEPOSITS 1486770 DEFERRED CREDITS 1274575 ACCUM PROV FOR PENSION & BENEFITS 597903 3359248 139536358 4307762 4307762 135228596 135228596 131474332 307762 307762 131166570 4062026 4062026 135228596 SCHEDULE D, PAGE 4, PART XI, LINE 2D REVENUE RECOGNITION UNDER ASC - 980 4,000,000 NET PERODIC PENSION COSTS OTHER THAN SERVICE COSTS 307,762 SCHEDULE D, PAGE 4, PART XII, LINE 2D NET PERIODIC PENSION COSTS OTHER THAN SERVICE COSTS 307,762 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL ALLOCATION 4,062,026 SCHEDULE D, PAGE 4, PART XIII THE CORPORATION'S RECORDS ARE MAINTAINED IN ACCORDANCE WITH THE UNIFORM SYSTEM OF ACCOUNTS PRESCRIBED BY THE FEDERAL ENERGY REGULATORY COMMISSION (18CFR.PART 101) AS MODIFIED AND ADOPTED BY THE RURAL UTILITIES SERVICE (RUS) IN 7.CFR.1767. THOSE PRACTICES UTILIZE ALLOCATION BASES. AS A RESULT, IT WOULD REQUIRE SIGNIFICANT EFFORT TO BREAK OUT EXPENSES IN THE FUNCTIONAL CATEGORIES PROVIDED FOR ON THE STATEMENT OF FUNCTIONAL EXPENSES. MANAGEMENT HAS OPTED TO CLASSIFY ITS EXPENSES ON PART IX OF THE FORM 990 IN THE SAME MANNER IT REPORTS ITS FINANCIAL RESULTS TO LENDERS, REGULATORS AND ITS MEMBER-OWNERS. X X X X false false false TIMOTHY C MARTIN PRES & CEO 381706 35578 21285 85866 10719 535154 KEVIN J JOHNSTON COO 256135 28616 9642 69708 10200 374301 JENNIFER HARMON VP., FIN. & ACCT 212228 20864 756 57168 6759 297775 JAY GILL SVP MEMBER SVC 194568 23147 14582 51989 6989 291275 KIM JENNINGS VP HUMAN RESOURCES 187752 17237 11338 47426 2978 266731 JAMES LAYTON SYSTEM ENGINEER 182617 16095 3884 43962 10759 257317 SCHEDULE J, PART III TOTAL DEFERRED COMPENSATION AMOUNTED TO 597,903 AND 671,886 PER AUDITED FINANCIAL STATEMENTS AS OF DECEMBER 31, 2022 AND 2021, RESPECTIVELY. FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED IN ITS BYLAWS WHICH ARE INCLUDED AS A 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 PRIOR TO FILING IN ACCORDANCE WITH THE GOVERNING BODY'S POLICY WHICH IS INCLUDED AS PART OF THE RETURN. FORM 990, PAGE 6, PART VI, LINE 12C THE COOPERATIVE REGURALY AND CONSITENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY AS PROVIDED FOR IN ITS BOARD POLICY WHICH IS INCLUDED AS PART OF THE RETURN. FORM 990, PAGE 6, PART VI, LINE 15A CEO COMPENSATION IS REVIEWED AND APPROVED BY THE GOVERNING BODY AS PROVIDED IN THE COOPERATIVE'S BOARD POLICY AND PROCEDURES. FORM 990, PAGE 6, PART VI, LINE 15B OTHER OFFICER COMPENSATION IS REVIEWED AND APPROVED BY THE CEO AND GOVERNING BODY AS PROVIDED IN THE COOPERATIVE'S BOARD POLICIES AND PROCEDURES. FORM 990, PAGE 6, PART VI, LINE 19 FEDERAL TAX LAW DOES NOT REQUIRE SUCH DOCUMENTS BE MADE PUBLICLY AVAIABLE. MEMBERS ARE PROVIDED ACCESS TO THIS INFORMATION UPON REQUEST. FORM 990, PART XI, LINE 9 MEMBERSHIPS 122,392 CAPITAL CREDIT GAINS 3,928,492 PATRONAGE CAPITAL ALLOCATION 4,062,026 ASC (980) DEFERRED REVENUE RECOGNIZED 4,000,000 OTHER 105,485 PATRONAGE CAPITAL RETIREMENT -8,502,703 OTHER COMPREHENSIVE INCOME -1,105,400 TOTAL 2,610,292