2024-07-19T15:04:43-04:00 2023-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2023-01-01 580280657 HART ELECTRIC MEMBERSHIP CORPORATION HART 8002414109 PO BOX 250 HARTWELL GA 306430250 JEFFREY W MURPHY PRESIDENT & CEO 7063764714 2024-07-19 true JEFFREY MURPHY 999009999 true H TERRELL MCMICHAEL JR P01259982 4787466277 2024-07-19 2023 2023-04-26 12:10:37Z JEFFREY W MURPHY PO BOX 250 HARTWELL GA 30643 84757035 false X HARTEMC.COM X 1937 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. 7 7 121 0 0 85302932 81875944 1819285 2881091 0 87122217 84757035 0 8825941 12826409 541316 556400 0 0 77754960 71374226 87122217 84757035 0 242758316 255268022 114984292 125082889 127774024 130185133 X 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 N/A NA false false false false false false false false false true false true false true false false 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 44 0 true 121 true false false false false false 77494121 3153313 false false false X 7 7 false false false false true true true true true false false true true true true true true true true false GA X HART ELECTRIC MEMBERSHIP CORP 8002414109 1071 ELBERTON HWY HARTWELL GA 30643 GALEN MILLS CHAIRMAN 5.00 X X 8950 0 0 GUERRY HALL VICE CHAIRMA 5.00 X X 13450 0 0 KAY REED SEC.-TREAS. 5.00 X X 18663 0 0 JOHN M PEEPLES DIRECTOR 5.00 X 7950 0 0 WILLIAM M LEARD DIRECTOR 5.00 X 14800 0 0 DONNIE A CORDELL DIRECTOR 5.00 X 13538 0 0 DAVID M FLEMING DIRECTOR 5.00 X 14350 0 0 JERRY SNOW DIRECTOR X 0 0 0 JEFFREY W MURPHY PRESIDENT & 50.00 X 366931 0 97768 JOEL K BROWN CHIEF OPER. 50.00 X 254984 0 83000 GLENN CLEVELAND ENGINEERING 50.00 X 152350 0 46201 EDWARD HOY VP ENGINEERI 50.00 X 150831 0 45911 ALLEN BOND RIGHT-OF-WAY 50.00 X 132753 0 52743 JOSEPH M FOWLER JOURNEYMAN L 50.00 X 121081 0 49696 1270631 375319 18 false true false PIKE 100 PIKE WAY MOUNT AIRY NC 27030 ELECTRIC CONT. 1863338 THE DAVEY TREE EXPERT CO 6925 GILLELAND LN NW ATLANTA GA 30360 ROW CONTRACTOR 1686700 CALDWELL LANDSCAPING 310 E CROSSVILLE RD ROSWELL GA 30075 ROW CONTRACTOR 1056738 UTILICLEAR LLC 565 KINNEY MILL RD MOUNT AIRY GA 30563 ROW CONTRACTOR 496684 J L ADAMS INC 1201 MAXWELL RD DEWY ROSE GA 30634 PLUMBING 223866 8 ELECTRIC REVENUE 221000 77494121 77494121 CAPITAL CREDITS 221000 2401589 2401589 POLE RENTAL 221000 1980234 1980234 81875944 2881091 2881091 84757035 79895710 4861325 12826409 12826409 556400 556400 2411669 2411669 6299545 6299545 PURCHASED POWER 45638747 45638747 DISTRIBUTION MAINTENANCE 6643027 6643027 DISTRIBUTION OPERATIONS 3524272 3524272 ADMIN. & GENERAL EXP. 2980958 2980958 3876008 3876008 84757035 84757035 0 0 10984921 7611437 3000000 18000000 10724894 8284403 1173145 1356267 46998305 41195830 216442255 72096946 137777459 144345309 32069126 34198287 30466 276489 242758316 255268022 6863306 6273762 71463104 76546673 36657882 42262454 114984292 125082889 X 136850 138590 127637174 130046543 127774024 130185133 242758316 255268022 X 0 2411109 X false true X true false 86406 86406 215985315 72096262 143889053 143975459 INVESTMENT IN ASSOC ORG. - OPC 22747080 C INVESTMENT IN ASSOC ORG. - GTC 5118863 C OTHER INV IN ASSOC ORGS 2409511 C INVESTMENT IN ASSOC ORG. - GRESCO 1134357 C CONTRIBUTED CAPITAL - GTC 982155 C INV CAPITAL TERM CERTIFICATES - CFC 780490 C INVESTMENT IN SMARR 442196 C INVESTMENT IN ASSOC ORG. - SEDC 292979 C INVESTMENT IN ASSOC ORG. - CFC 290656 C 34198287 REGULATORY LIABILITES - ASC 980 30000000 ACCUM PROV FOR PENSION & BENEFITS 8678937 CONSUMER DEPOSITS 3583517 42262454 SCHEDULE D, PAGE 4, PART XIII THE CORPORATION'S FINANCIAL STATEMENTS WERE AUDITED AS OF MARCH 31, 2023 AND 2022. X X X X X false false false JEFFREY W MURPHY PRESIDENT & CEO 356119 7275 3537 89522 8246 464699 JOEL K BROWN CHIEF OPER. OFFICER 246852 5171 2961 64239 18761 337984 GLENN CLEVELAND ENGINEERING MANAGER 149199 3151 37955 8246 198551 EDWARD HOY VP ENGINEERING & OPS 147197 3118 516 37665 8246 196742 ALLEN BOND RIGHT-OF-WAY MANAGER 129919 2834 33982 18761 185496 JOSEPH M FOWLER JOURNEYMAN LINE TECH 118653 2428 30941 18755 170777 FORM 990, PAGE 2, PART III, LINE 4D NA FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION 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 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 CEO COMPENSATION IS REVIEWED AND APPROVED IN ACCORDANCE WITH COMPENSATION POLICIES WHICH ARE ATTACHED AS A PART OF THE FORM 990. FORM 990, PAGE 6, PART VI, LINE 15B KEY EMPLOYEES COMPENSATION IS REVIEWED AND APPROVED IN ACCORDANCE WITH COMPENSATION POLICIES WHICH ARE ATTACHED AS A PART OF THE FORM 990. 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 PATRONAGE CAPITAL CREDITS 12,826,409 ASC 980 - DEFERRED REVENUE RECOGNITION 5,625,000 DONATED CAPITAL/RETIRED CAPITAL CREDITS 1,303,684 CAPITAL CREDIT RETIREMENTS -GAIN 186,149 MEMBERSHIP FEES 1,740 OTHER COMPREHENSIVE INCOME 947,350 RETIREMENT OF CAPITAL CREDITS -6,479,223 ASC 980 - DEFERRED REVENUE DEFERRAL -12,000,000 TOTAL 2,411,109