2025-04-30T10:54:10-04:00 2024-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2024-01-01 580197945 COASTAL ELECTRIC MEMBERSHIP CORP COAS 9128843311 PO BOX 109 MIDWAY GA 313200109 CHRISTOPHER W FETTES EXECUTIVE VP & CEO 9128802244 2025-04-29 true false WILLIAM R ROUNTREE P01231836 4787466277 2025-04-30 2024 2025-03-06 01:10:19Z ATTN EMILY S CANNON CHRISTOPHER W FETTES PO BOX 109 MIDWAY GA 31320 71541924 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 78 0 0 66694775 71444782 42424 86929 21910 10213 66759109 71541924 0 6843857 3820555 601442 684308 0 0 59313810 67037061 66759109 71541924 0 162826251 181691685 99507440 113028733 63318811 68662952 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 62 0 true 78 true false false false false false 69144779 154779 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 9.00 X X 30214 0 0 REAGAN ODOM VICE-PRESIDE 5.00 X X 31561 0 0 LAURA MCGEE SECRETARY-TR 7.00 X X 16832 0 0 KYLE CHRISTIANSEN DIRECTOR 3.00 X 11032 0 0 HOLLY FIELDS DIRECTOR 3.00 X 12961 0 0 CHARLES GASKIN DIRECTOR 1.00 X 13232 0 0 JOE GILL DIRECTOR 3.00 X 12232 0 0 JOHN B KEARNS DIRECTOR 2.00 X 34345 0 0 KEN P LUKE DIRECTOR 1.00 X 9032 0 0 CHRISTOPHER W FETTES EXECUTIVE VP 50.00 X 371136 0 141732 EMILY CANNON VP CORPORATE 50.00 X 220857 0 87124 JOHN M BOLTON VP COMM & MA 50.00 X 223478 0 77136 BRIAN HAYES VP ENGINEER 50.00 X 208213 0 69934 JAMES HORTON JR MANAGER, OPE 50.00 X 166781 0 60699 DAPHANIE HARRIS MANAGER, HR 50.00 X 159595 0 52242 FRANK HOLLOWELL JR CEO RETIRED X 118736 0 0 1640237 488867 27 true true false STUART C IRBY 815 IRBY DRIVE JACKSON MS 39201 MATERIAL 3879668 KENNEDY BROADBAND LLC 14480 62ND ST N STE A CLEARWATER FL 33760 CONSTRUCTION 3443522 LEE ELECTRICAL CONSTRUCTION 12828 US-501 ABERDEEN NC 28315 CONSTRUCTION 1219061 LEEFIELD LOGISTICS LLC 248 PULASKI ROAD STATESBORO GA 30458 CONSTRUCTION 881124 ASPLUNDH 708 BLAIR MILL ROAD WILLOW GROVE PA 19090 RIGHT OF WAY 817511 9 ELECTRIC REVENUE 221000 69144779 69144779 G & T CAPITAL CREDITS 221000 1003939 1003939 OTHER CAPITAL CREDITS 221000 669251 669251 POLE RENTAL 221000 626813 626813 71444782 86929 86929 TOWER RENTAL INCOME 6042 6042 GAIN ON DISPOSITION OF PROPER 4171 4171 10213 71541924 70828182 713742 3820555 684308 3352757 5658301 PURCHASED POWER 45571741 ADMIN. & GENERAL EXP. 3351877 DISTRIBUTION OPERATIONS 3194074 DISTRIBUTION MAINTENANCE 2963180 2945131 71541924 0 0 0 2040967 2704616 5702468 5871576 6940306 7265675 671823 395468 186466143 42633933 129109193 143832210 18363209 20029908 -1715 1592232 162826251 181691685 8963435 11001369 84629790 100088409 5914215 1938955 99507440 113028733 X 98310 101275 63220501 68561677 63318811 68662952 162826251 181691685 X 0 5344141 X false true X true false 1065067 1065067 185372448 42635070 142737378 143802445 PATRONAGE CAPITAL FROM ASSOC. 19078495 C OTHER 577195 C CFC CTC'S 374218 C 20029908 CONSUMER DEPOSITS 1808332 DEFERRED CREDITS 130623 1938955 71541924 71541924 71541924 64221369 64221369 7320555 7320555 71541924 SCHEDULE D, PAGE 4, PART XII, LINE 4B PATRONAGE CAPITAL CREDITS ASSIGNED TO MEMBERS 3,820,555 DEFERRED REVENUE - ASC 980 3,500,000 X X X X X X false true false CHRISTOPHER W FETTES EXECUTIVE VP & CEO 331345 4350 35441 132672 9060 512868 EMILY CANNON VP CORPORATE SVCS. 209261 5311 6285 83306 3818 307981 JOHN M BOLTON VP COMM & MARKETING 190382 2704 30392 68034 9102 300614 BRIAN HAYES VP ENGINEER & OPS 185030 3355 19828 63671 6263 278147 JAMES HORTON JR MANAGER, OPERATIONS 146884 3002 16895 51033 9666 227480 DAPHANIE HARRIS MANAGER, HR 155595 2428 1572 51135 1107 211837 FRANK HOLLOWELL JR CEO RETIRED 118736 118736 118736 SCHEDULE J, PAGE 1, PART I, LINE 4 FRANK HOLLOWELL, JR. 0 118,736 0 SCHEDULE J, PART III FRANK HOLLOWELL, JR. COMPENSATION IS DUE TO DISTRIBTUIONS FROM HIS IRC 457 (B) PLAN. THESE DISTRIBUTIONS WILL CONTINUE BASED ON HIS PAYOUT SCHEDULE PROVIDED BY THE PARTICIPANT. THE DISTRIBUTIONS WERE FUNDED SOLEY FROM EMPLOYEE DEFERRALS OF COMPENSATION UNDER IRC 457 (B). 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 2,965 RETIRED CAPITAL CREDITS - GAIN 647,473 PATRONAGE CAPITAL CREDITS ASSIGNED 3,820,555 DEFERRED REVENUE - ASC 980 3,500,000 SUBSIDIARY GAIN 51,146 PATRONAGE CAPITAL CREDITS RETIRED -2,677,998 TOTAL 5,344,141 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 1065207 546955 true false false false false false false false false false false false false false true true false true false false COASTAL FIBER INC O 36507 COST - (PSC APPROVED CAM) COASTAL FIBER INC Q 405788 COST - (PSC APPROVED CAM) COASTAL FIBER INC N 2977 COST - (PSC APPROVED CAM) COASTAL EMC FOUNDATION INC O 9752 FMV 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.