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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Georgia Electric Membership Corporation

Georgia Electric Membership Corporation

Fiscal year ending 2020. Filed on June 7, 2021.

2100 East Exchange Place
Tucker, Georgia 30084

Georgia Electric Membership Corporation (EIN: 58-0530279) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2020 IRS Form 990 filing, Georgia Electric Membership Corporation, a 501(c)(6) business league, reported compensation for 7 out of 44 total employees. Among the employees shown here, the average compensation is $321,239. The highest compensated employee at Georgia Electric Membership Corporation is Dennis Chastain with fiscal year 2020 compensation of $468,518.

Revenue, expenses, and employee compensation

Revenue

$14,115,484

Expenses

$13,169,347

Employee compensation

$7,705,737
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dennis Chastain
President
$468,518
$380,191 No related comp$88,327
Jennifer Bruce
CFO - GEMC
$373,151
$300,289 No related comp$72,862
Bill Verner
Senior Vice President
$304,615
$265,319 No related comp$39,296
Jason Bragg
Vice President
$268,606
$205,131 No related comp$63,475
Pat Merritt
Vp-Comm and EC
$257,000
$218,668 No related comp$38,332
Harry Reeves
Vice President
$255,546
$197,814 No related comp$57,732
Chris Stephens
Secretary and Treasurer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Mike McDonald
Chair
$4,100
$4,100 No related compNo other comp
Eddie Gore
Director
$3,500
$3,500 No related compNo other comp
Edward Crowell
Vice Chair
$3,500
$3,500 No related compNo other comp
Amy Orr
Director
$3,400
$3,400 No related compNo other comp
Phillip Ham Jr
Director
$3,400
$3,400 No related compNo other comp
Neal L Talton
Director
$2,900
$2,900 No related compNo other comp
Charles L Knight
Director
$2,800
$2,800 No related compNo other comp
Linton Scott
Director
$2,700
$2,700 No related compNo other comp
Johnny Allgood
Director
$2,700
$2,700 No related compNo other comp
Brenda P Green
Director
$2,600
$2,600 No related compNo other comp
Alice Mallory
Director
$2,400
$2,400 No related compNo other comp
Tim Garrett
Director
$2,400
$2,400 No related compNo other comp

Mission Statement

GEORGIA ELECTRIC MEMBERSHIP CORPORATION IS A NOT-FOR-PROFIT CORPORATION ORGANIZED TO : - FOSTER, DEVELOP AND ENCOURAGE THE PROGRAM OF RURAL ELECTRIFICATION IN THE STATE OF GEORGIA - FURTHER THE GENERAL WELFARE AND TO PROMOTE THE INTEREST OF THE MEMBERS OF GEMC; TO FURTHER THE SAFETY, STABILITY, SECURITY AND PROSPERITY OF ELECTRIC COOPERATIVES; TO AID IN SOLVING PROBLEMS COMMON TO ELECTRIC COOPERATIVES - DISSEMINATE INFORMATION RELATING TO THE RURAL ELECTRIFICATION PROGRAM; TO COOPERATE WITH FEDERAL, STATE AND MUNICIPAL AGENICES IN THE PROMOTION OF RURAL ELECTRIFICATION AND NATIONAL, STATE, COMMUNITY AND RURAL DEVELOPMENT; TO PROVIDE SERVICES AND INFORMATIONAL PROGRAMS THAT WILL STIMULATE LOCAL GROWTH, STABILITY AND SECURITY AND STRENGTHEN THE ELECTRIC COOPERATIVE PROGRAM IN GEORGIA - OTHERWISE ASSIST THE MEMBERS OF GEMC TO PROVIDE ELECTRIC ENERGY TO INHABITANTS OF MEMBER SERVICE AREAS AT THE LOWEST POSSIBLE COST CONSISTENT WITH SOUND ECONOMY

Revisions to this organization profile

June 17, 2025:
2024 Georgia Electric Membership Corporation 990 filed
July 2, 2024:
2023 Georgia Electric Membership Corporation 990 filed
June 26, 2023:
2022 Georgia Electric Membership Corporation 990 filed

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