Altamaha EMC
Legal name: Altamaha Electric Membership Corporation
Nonprofit profile at a glance
- EIN
- 580137655
- IRS 990 coverage
- 2020–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Lyons, GA, USA
- Phone
- 912-526-8181
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Public Utilities
Reported finances
- Revenue
- $75,757,371
- Expenses
- $74,545,134
- Assets
- $247,071,487
- Liabilities
- $139,245,323
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- GEORGE MCLENDON (CEO/GENERAL)
Highest reported compensation
- GEORGE MCLENDON (CEO/GENERAL): $348,379 total reported compensation
- JOSHUA THIGPEN (DISTRIBUTION): $252,235 total reported compensation
- BILL KENNEDY (DISTRICT MAN): $220,642 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Altamaha EMC is proud to serve a community that supports us in such a meaningful way. Being voted Best Internet Provider and Best Utility in the Best of Greater Vidalia Chamber awards is an honor made possible by you, our members. Your trust allows us to do more than provide electricity and internet. It gives us the opportunity to be part of your everyday lives, keeping your homes comfortable, your families connected, and your businesses running strong.
What it reported doing in 2024
To provide the best possibble electric service to all wo desire it within the system area at a reasonable cost consistent with the highest standars of service.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Accountability: 100
- Sustainability: 52
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.6%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 3.31; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0.56; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 2%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -52.8% per year; rating input score 0; 0th percentile among comparable filings
- Revenue growth: 9.8% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 10.6% per year; rating input score 100; 73rd percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site · 7 operating locations identified
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $348K · 15 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $16.4M reported
- Consistency: 11 of 12 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 15 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 41/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.