#367 of 500 · Member & Benefit Funds
Georgia Transmission Corporation
A not-for-profit, transmission-only electric cooperative headquartered in Tucker, Georgia. Owned by 38 of Georgia's electric membership corporations (EMCs), it plans, builds, operates, and maintains the high-voltage transmission lines and substations that deliver power from generation sources to local EMCs, which in turn serve more than 4.7 million Georgians. It operates on a not-for-profit cooperative basis.
Open the interactive profileFinancials, fiscal 2023
- Revenue
- $419.3M
- Expenses
- $419.3M
- Total assets
- $3.27B
- Net assets
- $410.0M
- Operating margin
- 0.0%
- 1-year growth
- 10.2%
- 5-year growth (CAGR)
- 5.5%
- Reserve (years of spending)
- 11.7
- Contributions share
- n/a
- Programme spending
- 98.3%
- Fundraising cost
- n/a
- Executive pay share
- 1.45%
- Employees
- 367
- Revenue per employee
- $1.1M
- Grants paid
- n/a
- Years filing
- 25
NFP Health Score: 76 / 100
Financial 56 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.
Mission
To provide the best in reliable, cost-effective service to our member EMCs so they, in turn, can provide the reliable power Georgians expect and deserve.
Revenue history
| Year | Revenue |
|---|---|
| 2019 | $339.1M |
| 2020 | $350.7M |
| 2021 | $371.7M |
| 2022 | $380.6M |
| 2023 | $419.3M |