2024-05-15T11:27:06-04:00 2023-12-31 621110839 ATA PLLC 624 EAST REELFOOT AVENUE UNION CITY TN 38261 990 2023-01-01 620212280 GIBSON ELECTRIC MEMBERSHIP GIBS 7318554740 1207 S COLLEGE ST TRENTON TN 38382 DAN RODAMAKER PRES. & CEO 7318554740 2024-05-15 true DAN RODAMAKER 999009999 true GARY K DAVIS JR P00971853 7318853661 2024-05-15 2023 2023-04-26 12:10:37Z DAN RODAMAKER 1207 S COLLEGE ST TRENTON TN 38382 119497988 false X WWW.GIBSONEMC.COM X 1936 TN GIBSON EMC IS AN ELECTRIC COOPERATIVE OWNED BY ITS MEMBERS. GIBSON EMC, AND ITS WHOLLY-OWNED SUBSIDIARY GIBSON CONNECT, SUPPLY ENERGY AND FIBER SERVICES THROUGHOUT A 12-COUNTY SERVICE AREA IN NORTHWEST TENNESSEE AND SOUTHWEST KENTUCKY. 12 12 156 0 0 120331226 117536135 150226 374462 948790 1587391 121430242 119497988 0 0 7060061 7122372 0 0 109569574 106608349 116629635 113730721 4800607 5767267 228662408 247285972 107543037 120400754 121119371 126885218 X GIBSON EMC IS AN ELECTRIC COOPERATIVE OWNED BY ITS MEMBERS. GIBSON EMC, AND ITS WHOLLY-OWNED SUBSIDIARY GIBSON CONNECT, SUPPLY ENERGY AND FIBER SERVICES THROUGHOUT A 12-COUNTY SERVICE AREA IN NORTHWEST TENNESSEE AND SOUTHWEST KENTUCKY. false false GIBSON EMC HAS 3,560 MILES OF ELECTRIC LINE AND 39,538 METERS IN CROCKETT, DYER, GIBSON, HAYWOOD, LAKE, LAUDERDALE, MADISON, AND OBION COUNTIES IN TENNESSEE AND CARLISLE, FULTON, GRAVES AND HICKMAN COUNTIES IN KENTUCKY. GIBSON CONNECT, GIBSON EMC'S WHOLLY-OWNED SUBSIDIARY, PROVIDES FIBER SERVICES TO VARIOUS ACCOUNTS THROUGHOUT GIBSON EMC'S SERVICE AREA WITH 3,545 MILES OF FIBER LINES AND 17,694 CUSTOMERS. THE CORPORATE OFFICE IS LOCATED IN TRENTON, TENNESSEE WITH MEMBER SERVICE CENTERS IN ALAMO, TIPTONVILLE, TRENTON, MEDINA, AND TROY, TENNESSEE AND HICKMAN, KENTUCKY. false false false false false false false false false true false false false true false true true false false false false false false false false false false false true false false false false false false false false false false true false false false true 51 0 true 156 true false false false false false 117536135 1961853 false false false X 12 12 false false false false true true false true true false true false true true true true true true true true false X GIBSON ELECTRIC MEMBERSHIP CORP 7318554740 PO BOX 47 TRENTON TN 38382 X STEVE SANDERS CHAIRMAN 5.00 X 12000 0 0 KEITH HEGLAR VICE CHAIRMA 2.00 X 6600 0 0 BOB MCCURDY ASST. SEC. 5.00 X 4600 0 4800 TONY BARGERY TRUSTEE 4.00 X 8100 0 0 JIM TURNER TRUSTEE 4.00 X 8600 0 0 WRAY PULLIAM TRUSTEE 4.00 X 9900 0 0 JOAN MOUSER TRUSTEE 7.00 X 12900 0 0 ERIC DUPREE TRUSTEE 3.00 X 10100 0 0 RANA BUCHANAN TRUSTEE 7.00 X 13800 0 0 KEITH FORRESTER TRUSTEE 2.00 X 8800 0 0 BRUCE KIMBELL TRUSTEE 3.00 X 300 0 7800 BRIAN MCDANIEL TRUSTEE 5.00 X 10200 0 0 DAN RODAMAKER PRES. & CEO 50.00 X 606783 0 131833 BARRY SMITH VP OF OPERAT 52.00 X 224950 0 134421 CHARLES PHILLIPS VP OF TECHNI 49.00 X 221051 0 122955 RITA ALEXANDER VP OF COMMUN 52.00 X 180695 0 78592 RICHARD BEDEN CFO 45.00 X 164600 0 83255 RANDY DOTSON ENGINEER X 148900 0 65982 BRET TAYLOR FIRSTCLASSLI X 129033 0 47027 DANIEL GOODE OPERATIONS X 120759 0 68512 PAYTON FEATHERSTON FIRSTCLASSLI X 124049 0 38002 KENDALL BYASSEE CREWLEADER X 121852 0 53712 2148572 836891 45 false true false CABLESOUTH CONSTRUCTION LLC PO BOX 650 MILAN TN 38358 FIBER INSTALL 9052595 SERVICE ELECTRIC PO BOX 277790 ATLANTA GA 30384 REPLACING POLES 3777017 CRUSE POWER LINES 120 TOWER DR MAYFIELD KY 42066 REPLACING POLES 2408357 XLEM TREE EXPERTS 208 E PLUME ST SUITE 250 NORFOLK VA 23510 TREE TRIMMING 1495238 ASPLUNDH TREE EXPERT CO PO BOX 532729 ATLANTA GA 30353 TREE TRIMMING 1134806 5 PROGRAM SERVICE REVENUE 117536135 117536135 117536135 374462 374462 OTHER REVENUE 1587391 1587391 1587391 119497988 119497988 7122372 1528979 5593393 2473672 2473672 11181354 11181354 PURCHASED POWER 73255386 73255386 MAINTENANCE 9501307 9501307 TRANSMISSION AND DIST 4866378 4866378 CUSTOMER ACCOUNTS 4305778 4305778 1024474 2553453 -1528979 113730721 109666307 4064414 0 1006317 867759 166881 2087684 12814994 9373059 7462661 6682721 3248857 3088030 331805382 110130326 200285678 221675056 3677020 3511663 228662408 247285972 22833271 22159579 71399825 92653661 13309941 5587514 107543037 120400754 X 260380 258960 120858991 126626258 121119371 126885218 228662408 247285972 X 5767267 -1420 X false true X true false 1105173 1105173 330700209 110130326 220569883 221675056 DEFERRED CREDITS 3824007 CUSTOMER DEPOSITS 1763507 5587514 119497988 119497988 119497988 113730721 113730721 113730721 X true true X X X X X X false false false DAN RODAMAKER PRES. & CEO 380767 97382 128634 90994 40839 738616 15112 BARRY SMITH VP OF OPERATIONS/SYS 197349 7465 20136 93330 41091 359371 CHARLES PHILLIPS VP OF TECHNICAL SRVC 195957 6445 18649 88625 34330 344006 RITA ALEXANDER VP OF COMMUNICATION 159928 5313 15454 42662 35930 259287 RICHARD BEDEN CFO 153611 6194 4795 44109 39146 247855 RANDY DOTSON ENGINEER 136356 5079 7465 40557 25425 214882 BRET TAYLOR FIRSTCLASSLINEWORKER 126909 1815 309 15261 31766 176060 DANIEL GOODE OPERATIONS 115443 4056 1260 35820 32692 189271 PAYTON FEATHERSTON FIRSTCLASSLINEWORKER 121968 1881 200 7915 30087 162051 KENDALL BYASSEE CREWLEADER 119954 1605 293 23186 30526 175564 FORM 990 - ORGANIZATION'S MISSION GIBSON EMC IS AN ELECTRIC COOPERATIVE OWNED BY ITS MEMBERS. GIBSON EMC, AND ITS WHOLLY-OWNED SUBSIDIARY GIBSON CONNECT, SUPPLY ENERGY AND FIBER SERVICES THROUGHOUT A 12-COUNTY SERVICE AREA IN NORTHWEST TENNESSEE AND SOUTHWEST KENTUCKY. FORM 990, PAGE 6, PART VI, LINE 6 GIBSON ELECTRIC MEMBERSHIP CORPORATION IS ORGANIZED WITH MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A GIBSON ELECTRIC MEMBERSHIP CORPORATION'S TRUSTEES ARE ELECTED BY THE MEMBERS OF THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 10B GIBSON ELECTRIC MEMBERSHIP CORPORATION HAS DISTRICT OR BRANCH OFFICES THROUGHOUT NORTHWEST TENNESSEE AND IN HICKMAN, KENTUCKY BUT THEY OPERATE AS ONE ENTITY IN POLICY MAKING. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THIS RETURN IS PRESENTED TO THE EXECUTIVE COMMITTEE AND MADE AVAILABLE TO THE FULL BOARD AT ITS COMPLETION. FORM 990, PAGE 6, PART VI, LINE 12C EMPLOYEES AND THE BOARD OF TRUSTEES SHALL MAKE FULL DISCLOSURE TO THE BOARD OF TRUSTEES OF ANY FACTS INDICATING A CONFLICT OF INTEREST AS IT ARISES. THEY SHALL DISQUALIFY THEMSELVES FROM VOTING ON A DECISION POSING A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST. THE PRESIDENT AND CEO SHALL PROVIDE ASSISTANCE TO THE BOARD OF TRUSTEES TO ASSURE COMPLIANCE WITH THIS POLICY. THE PRESIDENT AND CEO SHALL ALSO DEVELOP AND ENFORCE AN APPROPRIATE MANAGEMENT POLICY RELATING TO CONFLICTS OF INTEREST OF EMPLOYEES. THE GENERAL COUNSEL SHALL ADVISE INDIVIDUAL BOARD MEMBERS AND/OR THE BOARD OF TRUSTEES REGARDING COMPLIANCE WITH THIS POLICY. THE BOARD OF TRUSTEES SHALL REVIEW COMPLIANCE WITH THIS POLICY AND COUNSEL WITH ANY BOARD MEMBER AS THE SITUATION MAY REQUIRE. THE BOARD OF TRUSTEES SHALL ASSURE, TO THE EXTENT POSSIBLE, THAT THE COOPERATIVE IS NOT DAMAGED OR COMPROMISED BECAUSE OF THE EXISTENCE OF A CONFLICT OF INTEREST ON THE PART OF BOARD MEMBERS OR THE GENERAL COUNSEL. FORM 990, PAGE 6, PART VI, LINE 15A A COMPENSATION STUDY IS PERFORMED USING THE NRECA TO DETERMINE SALARIES FOR THE ORGANIZATION'S CEO, OFFICERS, AND OTHER KEY EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 15B A COMPENSATION STUDY IS PERFORMED USING THE NRECA TO DETERMINE SALARIES FOR THE ORGANIZATION'S CEO, OFFICERS, AND OTHER KEY EMPLOYEES. PAYROLL DETERMINATIONS FOR EMPLOYEES ARE ALSO DONE WITH THE HELP OF THE PERSONNEL COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 19 RETURN AVAILABLE UPON REQUEST FORM 990, PART VII PART VII, SECTION A AND SCHEDULE J, PART II COLUMN C REPRESENTS THE ESTIMATED ACTURIAL CHANGE IN THE VESTED RETIREMENT BENEFITS WHICH ARE NOT CASH CONTRIBUTIONS MADE BY THE COOPERATIVE FORM 990, PART XI, LINE 9 CHANGE IN MEMBERSHIPS 0 ADJUSTMENT FOR ADOPTION OF REV. STANDARD 0 CHANGE IN MEMBERSHIPS -1,420 TOTAL -1,420 GIBSON CONNECT C/O GIBSON CONNECT 1207 S COLLEGE STREET 1207 S COLLEGE STREET TRENTON TN 38382 822160661 INTERNET TN 12185446 18467594 GIBSON ELE GEMC