Form 990 for tax year 2024
Filed by NORTH GEORGIA ELECTRIC MEMBERSHIP.
Totals
- Total revenue
- $298,342,174
- Total expenses
- $290,608,193
- Contributions and grants received
- $0
- Grants paid
- $40,514
- Program service revenue
- $285,400,155
- Investment income
- $1,926,250
- Other revenue
- $11,015,769
- Total assets, end of year
- $477,680,548
- Total liabilities, end of year
- $248,942,994
- Net assets or fund balances, end of year
- $228,737,554
- Program services expenses (Part IX)
- $290,608,193
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $290,608,193
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: RESIDENTIAL SALES
total $188,319,131 · related or exempt $188,319,131
-
2b · Program service revenue: LARGE COMMERCIAL
total $67,927,711 · related or exempt $67,927,711
-
2c · Program service revenue: SMALL COMMERCIAL
total $24,466,972 · related or exempt $24,466,972
-
2d · Program service revenue: OUTDOOR LIGHTING
total $4,282,231 · related or exempt $4,282,231
-
2e · Program service revenue: UNBILLED ELECTRIC SALES
total $404,110 · related or exempt $404,110
-
3 · Investment income
total $1,926,250 · excluded $1,926,250
-
6a · Gross rents
real property $7,643,629
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $7,643,629
-
6d · Net rental income or loss
total $7,643,629 · related or exempt $7,643,629
-
11a · Other revenue: MISC SERVICE REVENUE
total $1,722,120 · related or exempt $1,722,120
-
11b · Other revenue: REVENUE FROM LATE PAYMENTS
total $1,550,728 · related or exempt $1,550,728
-
11c · Other revenue: OTHER ELECTRIC REVENUE
total $99,292 · related or exempt $99,292
-
11e · Other revenue, total
$3,372,140
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $40,514 · program services $40,514
-
5 · Compensation of officers, directors and key employees
total $2,235,136 · program services $2,235,136
-
7 · Other salaries and wages
total $17,925,962 · program services $17,925,962
-
11b · Fees: legal
total $717,409 · program services $717,409
-
11c · Fees: accounting
total $34,747 · program services $34,747
-
13 · Office expenses
total $895,910 · program services $895,910
-
20 · Interest
total $7,242,519 · program services $7,242,519
-
22 · Depreciation, depletion and amortization
total $20,981,545 · program services $20,981,545
-
23 · Insurance
total $313,204 · program services $313,204
-
24a · Other expenses: COST OF POWER
total $219,053,978 · program services $219,053,978
-
24b · Other expenses: DISTRIBUTION - MAINTENA
total $13,680,501 · program services $13,680,501
-
24c · Other expenses: DISTRIBUTION - OPERATIO
total $11,368,622 · program services $11,368,622
-
24d · Other expenses: CONSUMER ACCOUNTS
total $4,925,246 · program services $4,925,246
-
24e · All other expenses
total -$8,807,100 · program services -$8,807,100
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,024,906 · end of year $3,643,933
-
4 · Accounts receivable
beginning of year $28,299,736 · end of year $27,190,086
-
7 · Other notes and loans receivable
beginning of year $3,876,807 · end of year $3,836,141
-
8 · Inventories for sale or use
beginning of year $5,476,272 · end of year $6,766,282
-
9 · Prepaid expenses and deferred charges
beginning of year $2,276,832 · end of year $2,284,146
-
10a · Land, buildings and equipment: cost or other basis
$592,885,896
-
10b · Land, buildings and equipment: accumulated depreciation
$165,627,422
-
10c · Land, buildings and equipment, net
beginning of year $401,840,904 · end of year $427,258,474
-
12 · Investments: other securities
beginning of year $5,584,135 · end of year $6,701,486
-
17 · Accounts payable and accrued expenses
beginning of year $32,243,385 · end of year $40,400,961
-
23 · Secured mortgages and notes payable
beginning of year $180,907,906 · end of year $192,340,920
-
25 · Other liabilities
beginning of year $15,149,697 · end of year $16,201,113
-
29 · Capital stock, trust principal or current funds
beginning of year $869,830 · end of year $877,270
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $220,208,774 · end of year $227,860,284
Mission and programs · 2024
Mission
TO PROMOTE AND ENCOURAGE THE USE OF ELECTRIC ENERGY AND MAKE IT AVAILABLE TO CONSUMERS AT THE LOWEST POSSIBLE COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.
-
NORTH GEORGIA EMC IS A NOT-FOR-PROFIT ELECTRIC COOPERATIVE SERVING OVER 100,000 METERS IN CATOOSA, CHATTOOGA, FLOYD, GORDON, MURRAY, WALKER, AND WHITFIELD COUNTIES.
Expenses $290,608,193
As filed on the 2024 return.
Listed in Part VII
-
Ted ClarkTED CLARK
CHAIRMAN OF THE BOARD
- Total calculated
- $16,690
- From this org
- $16,690
- From related orgs
- $0
- Other
- $0
- Hours/week
- 8.08
-
John HowardJOHN HOWARD
SECRETARY/TREASURER
- Total calculated
- $16,690
- From this org
- $16,690
- From related orgs
- $0
- Other
- $0
- Hours/week
- 9.56
-
Benjamin MitchellBENJAMIN MITCHELL
DIRECTOR
- Total calculated
- $5,370
- From this org
- $5,370
- From related orgs
- $0
- Other
- $0
- Hours/week
- 7.39
-
Mark ThomasMARK THOMAS
VICE-CHAIRMAN
- Total calculated
- $11,470
- From this org
- $11,470
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2.15
-
Jason ParkerJASON PARKER
DIRECTOR
- Total calculated
- $16,110
- From this org
- $16,110
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3.73
-
Kathryn D WestKATHRYN D WEST
PRESIDENT AND CEO
- Total calculated
- $439,926
- From this org
- $350,443
- From related orgs
- $0
- Other
- $89,483
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $350,443
- Bonus
- $0
- Other
- $0
- Deferred
- $46,000
- Nontaxable benefits
- $43,483
- Filer's total
- $439,926
-
Brian ChildersBRIAN CHILDERS
CHIEF INFORMATION OFFICER
- Total calculated
- $295,363
- From this org
- $220,476
- From related orgs
- $0
- Other
- $74,887
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $220,476
- Bonus
- $0
- Other
- $0
- Deferred
- $36,233
- Nontaxable benefits
- $38,654
- Filer's total
- $295,363
-
Jeffery BrownJEFFERY BROWN
VP OPERATION SERVICES
- Total calculated
- $265,858
- From this org
- $187,735
- From related orgs
- $0
- Other
- $78,123
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $187,735
- Bonus
- $0
- Other
- $0
- Deferred
- $33,825
- Nontaxable benefits
- $44,298
- Filer's total
- $265,858
-
Kim GamelKIM GAMEL
VP CORPORATE SERVICES
- Total calculated
- $266,593
- From this org
- $192,292
- From related orgs
- $0
- Other
- $74,301
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $192,292
- Bonus
- $0
- Other
- $0
- Deferred
- $33,744
- Nontaxable benefits
- $40,557
- Filer's total
- $266,593
-
Alisa BasarabaALISA BASARABA
VP MEMBER SERVICES
- Total calculated
- $254,257
- From this org
- $190,173
- From related orgs
- $0
- Other
- $64,084
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $190,173
- Bonus
- $0
- Other
- $0
- Deferred
- $33,744
- Nontaxable benefits
- $30,340
- Filer's total
- $254,257
-
Paul RuudPAUL RUUD
VP ENGINEERING SERVICES
- Total calculated
- $271,519
- From this org
- $194,517
- From related orgs
- $0
- Other
- $77,002
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $194,517
- Bonus
- $0
- Other
- $0
- Deferred
- $35,044
- Nontaxable benefits
- $41,958
- Filer's total
- $271,519
-
James SatcherJAMES SATCHER
CREW LEADER
- Total calculated
- $191,053
- From this org
- $157,977
- From related orgs
- $0
- Other
- $33,076
- Hours/week
- 49
Schedule J breakdown matched by us
- Base
- $157,977
- Bonus
- $0
- Other
- $0
- Deferred
- $19,971
- Nontaxable benefits
- $13,105
- Filer's total
- $191,053
-
James RogersJAMES ROGERS
LINE WORKER/SERVICE WORKER
- Total calculated
- $208,394
- From this org
- $158,837
- From related orgs
- $0
- Other
- $49,557
- Hours/week
- 43
Schedule J breakdown matched by us
- Base
- $158,837
- Bonus
- $0
- Other
- $0
- Deferred
- $18,704
- Nontaxable benefits
- $30,853
- Filer's total
- $208,394
-
Earnest WitherowEARNEST WITHEROW
SENIOR MANAGER FIELD ADMIN
- Total calculated
- $238,650
- From this org
- $182,846
- From related orgs
- $0
- Other
- $55,804
- Hours/week
- 48
Schedule J breakdown matched by us
- Base
- $182,846
- Bonus
- $0
- Other
- $0
- Deferred
- $28,909
- Nontaxable benefits
- $26,895
- Filer's total
- $238,650
-
Jarrod DrewJARROD DREW
CREW LEADER
- Total calculated
- $225,482
- From this org
- $170,757
- From related orgs
- $0
- Other
- $54,725
- Hours/week
- 53
Schedule J breakdown matched by us
- Base
- $170,757
- Bonus
- $0
- Other
- $0
- Deferred
- $20,242
- Nontaxable benefits
- $34,483
- Filer's total
- $225,482
-
Caleb BransonCALEB BRANSON
LINE WORKER/SERVICE WORKER
- Total calculated
- $200,388
- From this org
- $162,753
- From related orgs
- $0
- Other
- $37,635
- Hours/week
- 56
Schedule J breakdown matched by us
- Base
- $162,753
- Bonus
- $0
- Other
- $0
- Deferred
- $15,209
- Nontaxable benefits
- $22,426
- Filer's total
- $200,388
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
THIS DONATION IS A JOINT SPONSORSHIP WITH CO-OPS ACROSS GEORGIA SUPPORTING HIGH SCHOOL SPORTS.
-
THIS DONATION IS PART OF THE COBANK SHARING SUCCESS GRANT MATCH WHERE COBANK WILL MATCH THE DONATION UP TO $10,000.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
OHMNI SERVICES OF NORTH GEORGIA
C · HOLDING COMPANY · GA · 100% owned · controlled entity
Directly controlled by NORTH GEORGIA ELECTRIC MEMBERSHIP
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 21 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513289349300761
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.