2025-04-29T11:49:16-04:00 2024-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2024-01-01 580465897 DIVERSE POWER INCORPORATED DIVE 7068452000 1400 SOUTH DAVIS ROAD LAGRANGE GA 30241 R WAYNE LIVINGSTON PRESIDENT/CEO 7068452000 2025-04-28 true false WILLIAM R ROUNTREE P01231836 4787466277 2025-04-29 2024 2025-03-06 01:10:19Z ATTN ANDREW KILGORE R WAYNE LIVINGSTON 1400 SOUTH DAVIS ROAD LAGRANGE GA 30241 119841216 false X SEE SCHEDULE O X 1936 GA 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. 9 9 154 0 0 117078680 119515114 148545 218696 107406 117227225 119841216 0 6828082 8435645 804621 860930 0 0 109594522 110544641 117227225 119841216 0 255497385 270798742 169972512 177319407 85524873 93479335 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 119841216 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. 119841216 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 34 0 true 154 true false false false false false 115028179 1153362 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 ANDREW KILGORE 7068452000 1400 SOUTH DAVIS RD LAGRANGE GA 30241 X WILLIAM COUCH CHAIRMAN 7.00 X X 30800 0 0 KIM CURRY VICE CHAIRMA 6.00 X X 29200 0 0 DAVID MURPHY SECRETARY 12.00 X X 30000 0 0 CHARLES KNIGHT DIRECTOR 6.00 X 28400 0 0 JIMMY G BAILEY DIRECTOR 8.00 X 28200 0 0 HARRELL LANDRETH DIRECTOR 6.00 X 28700 0 0 BRAD MORGAN DIRECTOR 5.00 X 26200 0 0 MACK REYNOLDS JR DIRECTOR 2.00 X 15800 0 0 RICHARD WILLIAMS DIRECTOR 11.00 X 27800 0 0 LARRY KEITH DIRECTOR EME 0.00 X 12000 0 0 ROY TOLLERSON JR DIRECTOR EME 0.00 X 12000 0 0 LARRY WILLIAMSON DIRECTOR EME 0.00 X 12000 0 0 CHERYL MEADOWS DIRECTOR EME 0.00 X 12000 0 0 R WAYNE LIVINGSTON PRESIDENT/CE 50.00 X 504946 0 62384 RANDY SHEPARD SVP-CBO 50.00 X 320235 0 69353 ANDREW KILGORE SVP-CFO 50.00 X 250317 0 75944 JAMIN BLAIR SVP-CENGO 50.00 X 240960 0 74547 KIRK KING VP-CONSTRUCT 50.00 X 184554 0 57649 STEVE TITTLE VP-IT 50.00 X 193055 0 67080 1987167 406957 59 true true false GEORGIA RIGHT OF WAY COMPANY 60 LOGISTICS CENTER PKWY FORSYTH GA 31029 ROW 5553804 MAX ENGINEERING AND UTILITY CONSTRUC 5103 HAYNES CT COVINGTON GA 30014 FIBER CONSTRUCT 1413605 PROGRESSIVE SOLULTIONS LLC PO BOX 825124 PHILADELPHIA PA 19182 ROW SPRAYING 317532 BLITZ BROADBAND 3380 TRICKUM RD BLDG 900-100 WOODSTOCK GA 30188 FIBER SPLICE 264775 SIGMA TECHNOLOGIES 27096 OAKMEAD DR PERRYSBURG OH 43551 FIBER 250783 5 ELECTRIC REVENUE 221000 114864063 114864063 OTHER CAPITAL CREDITS 221000 2769944 2769944 POLE RENTAL 221000 1881107 1881107 119515114 218696 218696 GAIN ON DISPOSITION OF PROPER 221000 107406 107406 107406 119841216 117741413 2099803 8435645 812930 48000 6963826 9732081 PURCHASED POWER 72507830 DISTRIBUTION MAINTENANCE 9565543 ADMIN. & GENERAL EXP. 3358252 CONSUMER ACCOUNTS 2732236 5684873 119841216 0 0 0 3648490 6115707 14683945 13263977 5714188 5829729 2137374 1582978 332836300 115432690 204971487 217403610 1100000 2100000 21739018 22755357 1502883 1747384 255497385 270798742 12784785 11396271 145636521 153585621 11551206 12337515 169972512 177319407 X 146457 149232 85378416 93330103 85524873 93479335 255497385 270798742 X 0 7954462 X false true X true false 2718837 2718837 18505714 9665627 8840087 311611749 105767063 205844686 217403610 GTC 6520454 C GRESCO 5361651 C GA ROW 2800081 C COBANK 2595689 C CFC 1576603 C GA TRANSMISSION 943442 C CTC'S 766710 C SMARR EMC 665824 C CFC MEMBER CAPITAL SECURITIES 500000 C FEDERATED 428605 C OTHER 332668 C SEDC 263630 C 22755357 ACCUM PROV FOR PENSION & BENEFITS 6414625 CONSUMER DEPOSITS 2175506 REGULATORY LIABILITES - ASC 980 2000000 DEFERRED COMPENSATION 1747384 12337515 121841216 2000000 2000000 119841216 119841216 111405571 111405571 8435645 8435645 119841216 SCHEDULE D, PAGE 4, PART XI, LINE 2D DEFERRED REV - ASC - 980 2,000,000 SCHEDULE D, PAGE 4, PART XII, LINE 4B BENEFITS PAID TO MEMBER CAPITAL ACCOUNTS 8,435,645 X X X X X false true false LARRY KEITH DIRECTOR EMERITUS 12000 12000 ROY TOLLERSON JR DIRECTOR EMERITUS 12000 12000 LARRY WILLIAMSON DIRECTOR EMERITUS 12000 12000 CHERYL MEADOWS DIRECTOR EMERITUS 12000 12000 R WAYNE LIVINGSTON PRESIDENT/CEO 452986 4825 47135 41400 20984 567330 RANDY SHEPARD SVP-CBO 302611 3283 14341 39069 30284 389588 ANDREW KILGORE SVP-CFO 238048 2730 9539 46360 29584 326261 JAMIN BLAIR SVP-CENGO 228659 2735 9566 44063 30484 315507 KIRK KING VP-CONSTRUCTION 175209 2294 7051 23039 34610 242203 STEVE TITTLE VP-IT 183662 2320 7073 36596 30484 260135 FORM 990 WEBSITE: HTTP://WWW.DIVERSEPOWER.COM/ FORM 990, PAGE 6, PART VI, LINE 6 THE COOPERATIVE HAS MEMBERS AS PROVIDED FOR IN ITS BYLAWS WHICH ARE INCLUDED AS A PART OF THIS RETURN. FORM 990, PAGE 6, PART VI, LINE 7A THE COOPERATIVE HAS MEMBERS WHICH ELECT MEMBERS OF THE GOVERNING BODY AS PROVIDED FOR IN ITS BYLAWS. THE BYLAWS 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 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 MEMBERSHIPS 2,775 BENEFITS PAID TO MEMBER CAPITAL ACCOUNTS 8,435,645 DONATED CAPITAL 264,847 DEF. REVENUE - ASC 980 2,000,000 OTHER INCREASES 48,035 CAPTIAL CREDITS - RETIRED -554,660 OTHER COMPREHENSIVE -2,242,180 TOTAL 7,954,462 DIVERSE POWER FOUNDATION INC PO BOX 160 LAGRANGE GA 30241 582663728 CHARITY GA 3 7 NA false KUDZU NETWORKS INC 1400 SOUTH DAVIS RD LAGRANGE GA 30241 582251441 COMMUNICAT GA DIV POWER C CORP -739278 3553603 1.00000 true false true false true false false false false false false false false false true true false true false false KUDZU NETWORKS INC Q 311969 COST KUDZU NETWORKS INC B 1000000 COST KUDZU NETWORKS INC N 124092 COST KUDZU NETWORKS INC O 1488488 COST DIVERSE POWER FOUNDATION INC O 8708 FMV SCHEDULE R 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, KUDZU NETWORKS, INC. (KUDZU) IS A WHOLLY-OWNED SUBSIDIARY OF DIVERSE POWER,INC (DIVERSE). KUDZU IS A PROVIDER OF RETAIL BROADBAND SERVICES. DIVERSE AND KUDZU OPERATE THROUGH A COST ALLOCATION MANUAL APPROVED BY THE GEOGIA PUBLIC SERVICE COMMISSION. THE COST ALLOCATION MANUAL IS DESINGED TO PREVENT CROSS-SUBSIDIZATION BETWEEN THE DIVERSE'S ELECTRIC OPERATIONS AND THE RETIAL BROADBAND OPERATIONS OF KUDZU. KUDZU'S MANAGEMENT COMMITTEE IS MADE UP OF DIVERSE'S EXECUTIVE MANAGEMENT. DIVERSE BOARD MEMBERS SERVE AS GOVERNANCE FOR KUDZU. LOAN GUARANTY: DIVERSE HAS A 37M CREDIT FACILITY WITH A LENDER. 5M OF THE LOAN COMMITMENT IS ALLOCATED TO KUDZU AND GUARANTEED BY DIVERSE. THE AMOUNT OUTSTANDING ON KUDZU'S PORTION OF THE CREDIT FACILITY WAS 5M AS OF DECEMBER 31, 2024. KUDZU ALSO HAS A 500,000 LINE-OF-CREDIT WITH THE LENDER, WHICH IS ALSO GUARANTEED BY DIVERSE. THE LINE-OF-CREDIT DID NOT HAVE AN OUTSTANDING BALANCE AT DECEMBER 31, 2024. OPERATION ROUND-UP: THE CORPORATION'S MEMBERS CAN PARTICIPATE IN AN OPERATION ROUNDUP PORGRAM AND HAVE THEIR ELECTRIC BILL ROUNDED TO THE NEXT HIGHEST WHOLE DOLLAR EACH MONTH. THESE FUNDS ARE TRATED AS CONTRIBUTIONS TO THE DIVERSE POWER FOUNDATION, INC. (THE FOUNDATION), A NONPROFIT 501(C)(3) ORGANIZATION. THE FOUNDATION MAINTAINS A SEPARATE BOARD OF DIRECTORS WHICH APPROVES THE CHARITABLE ASSISTANCE TO THE AREAS SERVED BY DIVERSE POWER INCORPORATED. THE FOUNDATION HAS NO EMPLOYEES. THE TRANSACTIONS BETWEEN THE CORPORATION ADN THE FOUNDATION REPORTED ON SCHEDULE R, PART V REPRESENT THE VALUE OF THE SERVICES DONATED BY THE COPRORATION TO THE FOUNDATION.