nonprofit logo

Georgia System Operations Corporation

Gsoc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 582231207 ✦ Tucker, GA ✦ Designated as a 501(c)(4)

Overview

What is Georgia System Operations Corporation?

Georgia System Operations Corporation (GSOC) is a nonprofit entity based in Tucker, Georgia, with a workforce of 279 individuals. Their primary mission revolves around ensuring the reliable and independent operation of electric generation, transmission, and distribution assets owned by their members and power supply partners in Georgia and the southeastern United States. By providing 24-hour electric system operation services on a not-for-profit basis, GSOC plays a crucial role in facilitating the energy market in these regions.


Official website here: www.gasoc.com

Is Georgia System Operations Corporation legitimate?

Georgia System Operations Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Georgia System Operations Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $4,367,230
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,043,588

For more financial information, click here


Official website here: www.gasoc.com

What is the mission statement of Georgia System Operations Corporation?

The Georgia System Operations Corporation (GSOC) operates as a not-for-profit entity, providing continuous electric system operation services to energy market participants in Georgia and the southeastern United States. Their primary goal is to ensure the reliable and independent functioning of the electric power system, overseeing generation, transmission, and distribution assets owned by their members and their partners. GSOC's mission encompasses controlling and monitoring these assets to maintain a stable and efficient power grid, contributing significantly to the overall energy market in the specified region.


Official website here: www.gasoc.com

Who is the CEO of Georgia System Operations Corporation?

John G Sweeney Jr is the President & of Georgia System Operations Corporation.


Official website here: www.gasoc.com

What is the revenue of Georgia System Operations Corporation?

Georgia System Operations Corporation's revenue in 2022 was $85,640,796.


Official website here: www.gasoc.com

Who are the executives of Georgia System Operations Corporation and what are their salaries?

The average compensation at Georgia System Operations Corporation during 2022 was $137,673. There are 279 employees at Georgia System Operations Corporation.

Here are 28 key members and their salaries:

    Gregory S Ford (President &)
  • Compensation: $696,908
  • Related: $0
  • Other: $128,919

    • John G Sweeney Jr (Executive Vp)
  • Compensation: $449,672
  • Related: $0
  • Other: $73,697

    • Raleigh Nobles (Senior Vp)
  • Compensation: $432,482
  • Related: $0
  • Other: $71,572

    • Keith Porterfield (Vice Preside)
  • Compensation: $402,007
  • Related: $0
  • Other: $66,958

    • Homer Gentry (Vice Preside)
  • Compensation: $366,289
  • Related: $0
  • Other: $62,444

    • Alan Sioberg (Vice Preside)
  • Compensation: $321,829
  • Related: $0
  • Other: $82,757

    • Russell Turner (Vice Preside)
  • Compensation: $321,454
  • Related: $0
  • Other: $80,319

    • David Revill (Vice Preside)
  • Compensation: $336,148
  • Related: $0
  • Other: $57,170

    • Laura Coakley (Controller)
  • Compensation: $275,876
  • Related: $0
  • Other: $70,224

    • Matthew Gibbons (Director-Aud)
  • Compensation: $236,753
  • Related: $0
  • Other: $77,221

    • Gary Jenkins (Director-Pow)
  • Compensation: $224,450
  • Related: $0
  • Other: $74,433

    • Matthew Hyatt (Director-Pow)
  • Compensation: $227,815
  • Related: $0
  • Other: $68,891

    • Bilal Sabusa (Director-Tec)
  • Compensation: $225,015
  • Related: $0
  • Other: $63,375

    • Nathan Brown (Executive Vp)
  • Compensation: $136,901
  • Related: $0
  • Other: $4,391

    • Jeff Thompson (Vice Preside)
  • Compensation: $59,326
  • Related: $0
  • Other: $3,677

    • Jim Goodrich (Director)
  • Compensation: $30,260
  • Related: $0
  • Other: $0

    • Anthony Norton (Dir., Chairm) [Trustee/Director]
  • Compensation: $26,170
  • Related: $0
  • Other: $0

    • Mike Mcdonald (Director)
  • Compensation: $18,940
  • Related: $0
  • Other: $0

    • Donnie Cordell (Director)
  • Compensation: $18,460
  • Related: $0
  • Other: $0

    • Harry Park (Dir., Sec/Tr) [Trustee/Director]
  • Compensation: $18,200
  • Related: $0
  • Other: $0

    • Jerry Boatwright (Director)
  • Compensation: $17,680
  • Related: $0
  • Other: $0

    • Wayne Livingston (Director)
  • Compensation: $15,730
  • Related: $0
  • Other: $0

    • Simmie King (Director)
  • Compensation: $14,820
  • Related: $0
  • Other: $0

    • Michael Goodroe (Director)
  • Compensation: $14,300
  • Related: $0
  • Other: $0

    • Neal Shepard (Dir, Vice Ch) [Trustee/Director]
  • Compensation: $13,830
  • Related: $0
  • Other: $0

    • Neal Trice (Director)
  • Compensation: $12,220
  • Related: $0
  • Other: $0

    • Chip Jakins (Director)
  • Compensation: $11,700
  • Related: $0
  • Other: $0

    • Lewis Sheffield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gasoc.com

    Where can I find the form 990 for Georgia System Operations Corporation?

    The Georgia System Operations Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gasoc.com

    Learn more at the official website: www.gasoc.com

    Mission Statement of Georgia System Operations Corporation

    Georgia System Operations Corporation (GSOC) is a not-for-profit organization dedicated to ensuring the reliable operation of electric systems for energy market participants in Georgia and the Southeastern United States. The corporation provides around-the-clock electric system operation services, monitoring and controlling generation, transmission, and distribution assets owned by its members and power supply partners.

    In essence, GSOC acts as an independent entity responsible for maintaining the electrical grid's stability and dependability. By overseeing and managing the electric infrastructure, GSOC secures a consistent power supply for its clients and protects them from potential power outages or disruptions. The organization's role is crucial for maintaining the flow of electricity and ensuring the stability of the energy market in the region.

    Moreover, GSOC's mission extends beyond just electric system operations. It also aims to foster a collaborative environment among its members and power supply partners, promoting efficient communication and coordination to ensure a seamless electric power system. The organization's commitment to reliable, independent system operations plays a significant role in ensuring the economic viability and competitiveness of the energy market in the Southeastern United States.

    Impact

    This information is meant to be a general summary of Georgia System Operations Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Georgia System Operations Corporation's impact lies in ensuring reliable and independent system operations by controlling and monitoring electric generation, transmission, and distribution assets owned by its members and their power supply partners in Georgia and the southeastern United States. This organization plays a crucial role in providing 24-hour electric system operation services on a not-for-profit basis to energy market participants, contributing to the stability and efficiency of the region's energy infrastructure. By facilitating the coordination and management of electricity resources, Georgia System Operations Corporation helps to maintain a steady and secure power supply for communities and businesses in the area.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,591
  • Program Service Revenue: $85,626,205
  • Gross Receipts: $85,640,796

    • Assets and Liabilities:
  • Total Assets: $34,037,151
  • Total Liabilities: $33,795,131
  • Net Assets: $242,020
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SYSTEM OPER REV - OPC/GTC

    Revenue

    $56,399,441

    SHARED SERVS - OPC/GTC

    Revenue

    $28,557,155

    OPER REV - OTHER MEMBERS

    Revenue

    $530,352

    SHARED SERVS - OTHER MEM

    Revenue

    $139,257

    Organization Details

    Founding Year

    1997

    Principal Officer

    John G Sweeney Jr

    Main Address

    2100 EAST EXCHANGE PLACE, TUCKER, GA, 30084

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Georgia System Operations Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.