GEORGIA ELECTRIC MEMBERSHIP CORPORATION

EIN: 580530279

TUCKER, GA

Total Revenue
$17,975,692
Total Expenses
$17,325,941
Total Assets
$13,336,055
Net Assets
$11,063,941
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1940
Legal Domicile
GA
Principal Officer
DENNIS CHASTAIN
Phone
7702706950
Tax Period
2024-01-01 to 2024-12-31

GEORGIA ELECTRIC MEMBERSHIP CORPORATION, founded in 1940, is a mid-sized nonprofit that reported $18.0M in total revenue in fiscal year 2024. Expenses of $17.3M left a modest 4% surplus.

Mission

TO PROMOTE THE EMCS OF GEORGIA BY PROVIDING MEMBER-FOCUSED LEADERSHIP AND A UNIFIED VOICE THROUGH ADVOCACY, EDUCATION AND COMMUNICATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $17,975,692
Investment Income $0
Other Revenue $0
TOTAL REVENUE $17,975,692

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,628,553
Fundraising Expenses $0
Program Expenses $17,325,941
Other Expenses $7,697,388
TOTAL EXPENSES $17,325,941

Year-over-Year Comparison

2024 2023 Change
Revenue $17,975,692 $16,976,309 +0.1%
Expenses $17,325,941 $16,365,435 +0.1%
Net Income $649,751 $610,874 +0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
44
Independent Members
44
Employees
44
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$666,277
Total Directors
47
$114,000
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENNIS CHASTAIN PRESIDENT & 40.00
Officer
$553,209 $99,868 $653,077
KEVIN CURTIN SVP - EXT AF 40.00
Highest
$407,505 $96,810 $504,315
JENNIFER BRUCE CFO - GEMC 40.00
Highest
$391,598 $86,678 $478,276
LINDSAY BRIDGES SVP-COMM/MEM 40.00
Highest
$322,835 $90,449 $413,284
JASON BRAGG VP-GOV RELAT 40.00
Highest
$244,928 $77,562 $322,490
HARRY REEVES VP-TRAIN, ED 40.00
Highest
$249,192 $72,409 $321,601
EDDIE GORE CHAIRMAN 2.00
Officer Director
$7,800 $0 $7,800
BRENDA P GREEN VICE-CHAIR 1.00
Officer Director
$5,400 $0 $5,400
BILLY RAY ALLEN DIRECTOR 1.00
Director
$4,200 $0 $4,200
THEROL BROWN DIRECTOR 1.00
Director
$4,200 $0 $4,200
GARY PORTER DIRECTOR 1.00
Director
$4,200 $0 $4,200
NEAL L TALTON DIRECTOR 1.00
Director
$4,200 $0 $4,200
CHARLES L KNIGHT DIRECTOR 1.00
Director
$3,900 $0 $3,900
GALEN MILLS DIRECTOR 1.00
Director
$3,900 $0 $3,900
JOHN T WOODS DIRECTOR 1.00
Director
$3,900 $0 $3,900
RODNEY L CHANDLER DIRECTOR 1.00
Director
$3,600 $0 $3,600
MIKE MCDONALD DIRECTOR 1.00
Director
$3,600 $0 $3,600
PHILLIP HAM JR DIRECTOR 1.00
Director
$3,300 $0 $3,300
TIM GARRETT DIRECTOR 1.00
Director
$3,000 $0 $3,000
JIMMY HAMMETT DIRECTOR 1.00
Director
$3,000 $0 $3,000
ALGIE J JONES JR DIRECTOR 1.00
Director
$3,000 $0 $3,000
BETTY METTS DIRECTOR 1.00
Director
$3,000 $0 $3,000
CECIL O MYERS DIRECTOR 1.00
Director
$3,000 $0 $3,000
DAVID J PIERCE DIRECTOR 1.00
Director
$3,000 $0 $3,000
JERRY RHODES DIRECTOR 1.00
Director
$3,000 $0 $3,000
BILLY SENKBEIL DIRECTOR 1.00
Director
$3,000 $0 $3,000
DAVID WALL DIRECTOR 1.00
Director
$3,000 $0 $3,000
EDWARD CROWELL DIRECTOR 3.00
Director
$2,700 $0 $2,700
STEPHEN GOODMAN DIRECTOR 1.00
Director
$2,700 $0 $2,700
MARIBETH WANSLEY DIRECTOR 1.00
Director
$2,700 $0 $2,700
KYLE BROWN DIRECTOR 1.00
Director
$2,400 $0 $2,400
DANNY HENSON DIRECTOR 1.00
Director
$2,400 $0 $2,400
HORACE H WEATHERSBY III DIRECTOR 1.00
Director
$2,400 $0 $2,400
AMY ORR DIRECTOR 1.00
Director
$2,400 $0 $2,400
HUGH L BRANTLEY DIRECTOR 1.00
Director
$2,100 $0 $2,100
LAVANDA LYNN DIRECTOR 1.00
Director
$1,800 $0 $1,800
GENE MORRIS DIRECTOR 1.00
Director
$1,800 $0 $1,800
ROBERT YOUMANS DIRECTOR 1.00
Director
$1,800 $0 $1,800
B DON COPELAND DIRECTOR 1.00
Director
$1,500 $0 $1,500
RONNIE HENDRICKS DIRECTOR 1.00
Director
$1,200 $0 $1,200
AMY HENDRIX DIRECTOR 1.00
Director
$1,200 $0 $1,200
WILLIAM SHARP DIRECTOR 1.00
Director
$1,200 $0 $1,200
RAPHAEL A BRUMBELOE DIRECTOR 1.00
Director
$600 $0 $600
STEVE HOLT DIRECTOR 1.00
Director
$600 $0 $600
J NEAL SHEPARD JR DIRECTOR 1.00
Director
$600 $0 $600
CAREY LOCKE DIRECTOR 1.00
Director
$600 $0 $600
MARSHALL S MILLWOOD DIRECTOR 1.00
Director
$600 $0 $600
JERRY PACK DIRECTOR 1.00
Director
$600 $0 $600
JIMMY WOODARD DIRECTOR 1.00
Director
$600 $0 $600
LOUIS CASSOTTA DIRECTOR 1.00
Director
$300 $0 $300
CHARLES FENDLEY DIRECTOR 1.00
Director
$0 $0 $0
CHRIS STEPHENS SEC/TREAS 2.00
Officer Director
$0 $0 $0
KATHRYN WEST DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $17,975,692 $17,325,941 $13,336,055 $649,751
2023 $16,976,309 $16,365,435 $12,967,572 $610,874
2022 $16,059,479 $16,062,860 $12,561,019 $-3,381
2021 $14,888,867 $14,137,529 $11,625,229 $751,338
2020 $14,115,484 $13,169,347 $10,771,730 $946,137
2019 $14,487,071 $14,251,606 $9,758,175 $235,465
2018 $14,889,677 $13,895,075 $9,253,355 $994,602
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