2024-04-08T13:25:49-04:00 2023-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2023-01-01 580388085 PLANTERS ELECTRIC MEMBERSHIP CORPORATION PLAN 4789824722 PO BOX 979 MILLEN GA 304420979 EDWARD M BRINSON GENERAL MANAGER/CEO 4789824722 2024-04-04 true EDWARD BRINSON XXX-XX-XXXX false JACOB R MORRIS P01653123 4787466277 2024-04-08 2023 2023-04-26 12:10:37Z EDWARD M BRINSON PO BOX 979 MILLEN GA 30442 41020584 false X WWW.PLANTERSEMC.COM X 1936 GA PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. 9 9 60 0 0 40321002 40177818 716653 842766 0 41037655 41020584 0 2288561 6215520 606229 657171 0 0 38142865 34147893 41037655 41020584 0 111461566 116810085 59634926 62025515 51826640 54784570 PROVIDE THE BEST POSSIBLE ELETRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SERVICE AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. false false TO PROVIDE THE BEST POSSIBLE ELECTRIC SERVICE TO ALL WHO DESIRE IT WITHIN THE SYSTEM AREA AT A REASONABLE COST CONSISTENT WITH THE HIGHEST STANDARDS OF SERVICE. false false false false false false false false false true false true 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 14 0 true 60 true false false false false false 38436559 885063 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 false GA X PLANTERS EMC 4789824722 PO BOX 979 MILLEN GA 30442 HORACE WEATHERSBY III CHAIRMAN 3.00 X X 22232 0 0 JONATHAN CROCKETT VICE CHAIRMA 3.00 X X 17377 0 0 TODD BAZEMORE SECRETARY/TR 3.00 X X 19200 0 0 STANTON R HILLIS DIRECTOR 3.00 X 23634 0 0 AINSWORTH ZEAGLER DIRECTOR 3.00 X 21183 0 0 DON I BURKE DIRECTOR 3.00 X 21358 0 0 LINDA D JOSEY DIRECTOR 3.00 X 17130 0 0 MARY ROBBINS DIRECTOR 3.00 X 20400 0 0 RAYBURN G JOHNSON DIRECTOR 3.00 X 20400 0 0 EDWARD M BRINSON GENERAL MANA 50.00 X 366319 0 107938 NORMAN WILLIAMS ASST GENERAL 45.00 X 194477 0 69536 WILLIAM J MCBRIDE INFO. SYSTEM 45.00 X 201939 0 67784 PAULINE ADAMS MGR. OF ADMI 45.00 X 166692 0 60129 RANDALL HILL MGR. MEMBER 45.00 X 164911 0 60147 WILLIAM WILSON LINE SUPERIN 45.00 X 158431 0 48089 1435683 413623 24 false true false TEREX UTILITIES 3140 15TH AVE SE WATERTOWN SD 57201 SUPPLIER 298552 ALTEC 287 FIRST STREET FOREST PARK GA 30297 CONSTRUCTION 183353 AKINS TREE & MULCHING 839 BILL BRANCH CIRCLE LYONS GA 30436 RIGHT OF WAY 100600 3 ELECTRIC REVENUE 221000 38436559 38436559 G & T CAPITAL CREDITS 221000 727609 727609 POLE RENTAL 221000 538740 538740 OTHER CAPITAL CREDITS 221000 474910 474910 40177818 842766 842766 41020584 40177818 842766 6215520 657171 82831 1245184 2990595 PURCHASED POWER 20268458 DISTRIBUTION MAINTENANCE 3927380 DISTRIBUTION OPERATIONS 2165702 CONSUMER ACCOUNTS 1481540 1986203 41020584 0 0 0 589713 1104335 2675794 9386403 3319126 3300573 1107231 1117304 19881958 12283812 100101133 28813122 66834609 71288011 17007019 18167241 46116 162406 111461566 116810085 3386642 3295697 43344789 44169683 12903495 14560135 59634926 62025515 X 127117 128071 51699523 54656499 51826640 54784570 111461566 116810085 X 0 2957930 X false true X true false 459373 459373 99641760 28813122 70828638 71288011 PATRONAGE CAPITAL FROM ASSOC. 16708941 C OTHER INVESTMENTS IN ASSOC. 678162 C CFC CTC'S 461238 C FEDERATED 228213 C SMARR EMC 54687 C CFC MEMBER CAPITAL SECURITIES 25000 C CRC 10000 C OTHER 1000 C 18167241 REGULATORY LIABILITES - ASC 980 11200000 DEFERRED CREDITS 1799984 CONSUMER DEPOSITS 1560151 14560135 39520584 39520584 1500000 1500000 41020584 34805064 34805064 6215520 6215520 41020584 SCHEDULE D, PAGE 4, PART XI, LINE 4B DEFERRED REVENUE TRANSACTIONS 1,500,000 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS 6,215,520 X X X X false false false EDWARD M BRINSON GENERAL MANAGER/CEO 323071 10911 32337 95659 12279 474257 NORMAN WILLIAMS ASST GENERAL MANAGER 177338 5911 11228 52122 17414 264013 WILLIAM J MCBRIDE INFO. SYSTEM MANAGER 180981 2911 18047 54202 13582 269723 PAULINE ADAMS MGR. OF ADMIN SVCS 147301 2911 16480 43889 16240 226821 RANDALL HILL MGR. MEMBER SERVICES 150014 2911 11986 44794 15353 225058 WILLIAM WILSON LINE SUPERINTENDENT 147861 911 9659 36329 11760 206520 SCHEDULE J, PART III THE NQDC PLAN IS COMPRISED OF EMPLOYEE DEFERRALS UNDER IRC SECTION 457(B) AND EMPLOYER CONTRIBUTIONS UNDER IRC 457(F). THE CORPORATION'S 457 (F)EMPLOYER CONTRIBUTIONS ARE INCLUDED IN COLUMN C, "RETIREMENT AND OTHER DEFERRED COMPENSATION" ON FORM 990, SCHEDULE J. 457(F) DEFERRALS ARE NOT TAXABLE TO THE PARTICIPANT UNTIL DISTRIBUTION OR SUBSTANTIAL RISK OF FORTEITURE CEASES TO EXIST. FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS PART OF THE 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 GENERAL MANAGER IS REVIEWED AND APPROVED 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 ANNUAL PERFORMANCE APPRAISALS ADMINISTERED BY THE GENERAL MANAGER. 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 RETIRED CAPITAL CREDIT - GAIN 232,388 MEMBERSHIP FEES 954 PATRONAGE CAPITAL ASSIGNED 6,215,520 PATRONAGE CAPITAL RETIRED -1,990,932 DEFERRED REVENUE ASC 980 -1,500,000 TOTAL 2,957,930