Georgia Transmission Corporation

Organization Overview

Georgia Transmission Corporation is located in Tucker, GA. The organization was established in 1998. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Georgia Transmission Corporation employed 351 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Transmission Corporation is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.

For the year ending 12/2022, Georgia Transmission Corporation generated $380.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $380.6m during the year ending 12/2022. While expenses have increased by 3.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TRANSMISSION OF ELECTRICITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRINCIPAL BUSINESS IS PROVIDING TRANSMISSION SERVICES. AT 12/31/22, GEORGIA TRANSMISSION CORPORATION OWNED APPROXIMATELY 3,916 MILES OF TRANSMISSION LINES AND 774 SUBSTATIONS. GEORGIA TRANSMISSION CORPORATION SUCCEEDED TO ALL OF OGLETHORPE'S RIGHTS AND OBLIGATIONS WITH RESPECT TO THE INTEGRATED TRANSMISSION SYSTEM.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Georgia System Operations Corporation
Shared Services And Control
$35,918,720
Aubrey Silvey Construction
Construction Services
$25,549,977
Michels Power
Construction Services
$9,917,098
Hitachi Energy
Construction Services
$9,852,446
Pike Electric
Construction Services
$10,317,394
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$377,638,104
Investment income $2,979,166
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $380,617,270

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Georgia Transmission Corporation has recieved totaling $335,730.

Awarding OrganizationAmount
National Rural Utilities Cooperative Finance Corp

Dulles, VA

PURPOSE: INTEGRITY FUND - TERRITORY THREAT

$335,730
View Grant Recipient Profile

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