NFP500

#367 of 500 · Member & Benefit Funds

Georgia Transmission Corporation

EIN 58-2231201 · GA · NTEE n/a · Form 990, fiscal 2023

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.

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Financials, 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

YearRevenue
2019$339.1M
2020$350.7M
2021$371.7M
2022$380.6M
2023$419.3M