GEORGIA TRANSMISSION CORPORATION (EIN 582231201) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

Jenny Buttrey

Phone

7702707400

Tax Period

2024-01-01 to 2024-12-31

GEORGIA TRANSMISSION CORPORATION is a tax-exempt nonprofit with EIN 582231201, based in Tucker, GA. Founded in 1996, the organization files IRS Form 990 and reported its most recent data for fiscal year 2024. In that period, it reported $456,341,203 in total revenue and $456,341,203 in total expenses, with net assets of $450,069,940.

Mission

Transmission of Electricity

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $447,494,207

Investment Income $8,846,996

Other Revenue $0

TOTAL REVENUE $456,341,203

Expense Breakdown

Grants Paid $0

Salaries & Benefits $46,900,192

Fundraising Expenses $0

Program Expenses $0

Other Expenses $369,368,575

TOTAL EXPENSES $456,341,203

Year-over-Year Comparison

	2024	2023	Change
Revenue	$456,341,203	$419,312,319	+0.1%
Expenses	$456,341,203	$419,312,319	+0.1%
Net Income	$0	$0	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

389

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

$6,669,454

Total Directors

$377,415

Key Employees

$3,061,689

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Barbara Hampton	President, CEO	40	Officer	$1,375,477	$79,070	$1,454,547
Keith Daniel	SVP Transmission Policy	40	Officer	$698,763	$93,324	$792,087
Dustin Zubke	Sr VP and CFO	40	Officer	$645,995	$89,693	$735,688
David Van Winkle	SVP Operations & Maintenance	40	Officer	$555,162	$80,534	$635,696
John Raese	Sr VP Project Services	40	Officer	$538,114	$80,345	$618,459
Angela Sheffield	VP Gen Audit/Chief Reg Cpl Officer	40	Officer	$466,443	$91,112	$557,555
Joe Sowell	VP System Planning	40	Officer	$463,471	$75,963	$539,434
Angie Farsee	VP Human Resources	40	Officer	$455,032	$58,625	$513,657
Camron Carden	VP Transmission Projects	40	Officer	$369,756	$91,280	$461,036
Jenny Buttrey	VP Controller	40	Officer	$278,766	$82,529	$361,295
Kevin Luke	Director, Transmission Maintenance	40	Key Emp	$277,956	$79,269	$357,225
Michael Fourman	Dir, Business Intelligence	40	Key Emp	$281,230	$73,998	$355,228
Anthony Wright	Dir, Electronic Maint. & Operational Communications	40	Key Emp	$260,106	$83,234	$343,340
Jeff Brogdon	Director, Engineering-Electrical	40	Key Emp	$246,496	$82,548	$329,044
Nathan Lovett	Sr Mgr, Relay & Control Design	40	Highest	$257,968	$68,069	$326,037
Steve Beaulieu	Dir, Member Relations	40	Highest	$254,820	$70,756	$325,576
Chris Beavers	Dir, Internal Audit	40	Key Emp	$241,948	$81,439	$323,387
Jay Horsley	Dir Safety & Technical Training	40	Key Emp	$245,657	$69,075	$314,732
Joey Lowery	Senior Manager, System Reliability	40	Highest	$248,577	$52,116	$300,693
Danny Cortese	Director, Engineering Services	40	Key Emp	$241,356	$51,575	$292,931
Chip Buttrill	Research Development & Technical Stds Mgr	40	Highest	$252,944	$38,700	$291,644
Robert Casey	Senior Advisor	40	Highest	$249,619	$36,708	$286,327
Lynn Huffines	Senior Advisor	40	Key Emp	$231,561	$44,930	$276,491
Lynn Watkins	Dir, Finance, Rates & Treasury	40	Key Emp	$152,508	$29,403	$181,911
David Williams	Director, Supply Chain Management	40	Key Emp	$131,826	$27,606	$159,432
Anne Hicks	General Counsel	40	Key Emp	$101,320	$26,648	$127,968
Jill Tietjen	Director	2	Director	$51,375	$0	$51,375
Charles Fendley	Director	2	Director	$37,915	$0	$37,915
Otis Jones	Director	2	Director	$36,240	$0	$36,240
Arthur White	Director	2	Director	$34,020	$0	$34,020
Steve Rawl	Director	2	Director	$33,835	$0	$33,835
Michael McMillan	Director	2	Director	$30,900	$0	$30,900
Wendy Sellers	Director	2	Director	$30,900	$0	$30,900
David Dunaway	Director	2	Director	$30,455	$0	$30,455
Robert L Lewis	Director	2	Director	$29,500	$0	$29,500
Tony Tucker	Director	2	Director	$28,275	$0	$28,275
Ron Marshall	Director	2	Director	$28,100	$0	$28,100
Raphael Brumbeloe	Director	2	Director	$5,900	$0	$5,900

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	$456,341,203	$456,341,203	$3,896,617,688	No data
2023	$419,312,319	$419,312,319	$3,267,069,983	No data
2022	$380,617,270	$380,617,270	$2,954,026,800	No data
2021	$371,732,306	$371,732,306	$2,780,907,800	No data
2020	$350,702,196	$350,702,196	$2,671,711,584	No data
2019	$339,084,908	$339,084,908	$2,670,389,701	No data
2018	$322,554,883	$322,554,883	$2,789,792,363	No data

GEORGIA TRANSMISSION CORPORATION