Civic Intelligence

Powell Valley Electric Cooperative

EIN 54-0345615 • 501(c)12 • New Tazewell, TN

Profile

Distribution of tva-generated power.

PO Box 1528New Tazewell, TN 37824

www.pve.coop

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

10th percentile

0.27x

Higher debt load relative to assets than 10% of similar nonprofits.

501(c)12 • $100M-$250M nonprofits • Source year 2025

Liabilities / Revenue

6th percentile

0.41x

Higher debt load relative to revenue than 6% of similar nonprofits.

501(c)12 • $100M-$250M nonprofits • Source year 2025

Net Margin

59th percentile

1.1%

Higher net margin than 59% of similar nonprofits.

501(c)12 • $100M-$250M nonprofits • Source year 2025

Top Officer Pay

11th percentile

$243,657

Higher top officer pay than 11% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

501(c)12 • $100M-$250M nonprofits • Source year 2025

Asset Growth

56th percentile

5.0%

Faster asset growth than 56% of similar nonprofits.

501(c)12 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Revenue Growth

83rd percentile

10%

Faster revenue growth than 83% of similar nonprofits.

501(c)12 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Assets

Up

$124,692,493

Up $7,274,867 (+6.2%) from 2023

Liabilities

Up

$33,410,250

Up $3,811,096 (+13%) from 2023

Net Assets

Up

$91,282,243

Up $3,463,771 (+3.9%) from 2023

Revenue

Up

$82,117,471

Up $3,897,699 (+5.0%) from 2023

Expenses

Up

$81,228,212

Up $6,773,210 (+9.1%) from 2023

Net Income

Down

$889,259

Down $2,875,511 (-76%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2010: $83,079,227Liabilities 2010: $40,062,209Net Assets 2010: $43,017,0182010Assets 2011: $84,887,521Liabilities 2011: $39,871,322Net Assets 2011: $45,016,1992011Assets 2012: $85,427,839Liabilities 2012: $38,093,511Net Assets 2012: $47,334,3282012Assets 2013: $85,534,076Liabilities 2013: $35,219,986Net Assets 2013: $50,314,0902013Assets 2014: $86,013,429Liabilities 2014: $32,460,407Net Assets 2014: $53,553,0222014Assets 2015: $85,810,678Liabilities 2015: $28,624,874Net Assets 2015: $57,185,8042015Assets 2016: $86,531,712Liabilities 2016: $25,220,803Net Assets 2016: $61,310,9092016Assets 2017: $86,467,901Liabilities 2017: $23,516,231Net Assets 2017: $62,951,6702017Assets 2018: $90,342,825Liabilities 2018: $24,204,913Net Assets 2018: $66,137,9122018Assets 2019: $93,362,732Liabilities 2019: $20,200,976Net Assets 2019: $73,161,7562019Assets 2020: $96,411,849Liabilities 2020: $20,200,552Net Assets 2020: $76,211,2972020Assets 2021: $99,755,944Liabilities 2021: $19,190,969Net Assets 2021: $80,564,9752021Assets 2022: $112,455,724Liabilities 2022: $27,477,851Net Assets 2022: $84,977,8732022Assets 2023: $117,417,626Liabilities 2023: $29,599,154Net Assets 2023: $87,818,4722023Assets 2025: $124,692,493Liabilities 2025: $33,410,250Net Assets 2025: $91,282,2432025

Highlighted filing

2025

Assets$124,692,493
Liabilities$33,410,250
Net Assets$91,282,243

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100M$50M$0Expenses 2010: $52,094,6232010Revenue 2011: $59,789,929Expenses 2011: $57,791,933Net Income 2011: $1,997,9962011Expenses 2012: $55,161,2212012Expenses 2013: $58,052,9352013Revenue 2014: $68,272,801Expenses 2014: $65,034,199Net Income 2014: $3,238,6022014Revenue 2015: $64,578,730Expenses 2015: $60,946,633Net Income 2015: $3,632,0972015Revenue 2016: $60,945,374Expenses 2016: $56,820,661Net Income 2016: $4,124,7132016Revenue 2017: $60,745,969Expenses 2017: $59,106,113Net Income 2017: $1,639,8562017Revenue 2018: $62,799,504Expenses 2018: $59,613,572Net Income 2018: $3,185,9322018Revenue 2019: $65,926,327Expenses 2019: $58,903,418Net Income 2019: $7,022,9092019Revenue 2020: $60,499,334Expenses 2020: $57,450,988Net Income 2020: $3,048,3462020Revenue 2021: $61,140,182Expenses 2021: $56,788,419Net Income 2021: $4,351,7632021Revenue 2022: $66,895,206Expenses 2022: $62,362,172Net Income 2022: $4,533,0342022Revenue 2023: $78,219,772Expenses 2023: $74,455,002Net Income 2023: $3,764,7702023Revenue 2025: $82,117,471Expenses 2025: $81,228,212Net Income 2025: $889,2592025

Highlighted filing

2025

Revenue$82,117,471
Expenses$81,228,212
Net Income$889,259

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$125$33.4$91.3$82.1$81.2$0.89
2023Summary only. Only limited summary data is available for this year.$117$29.6$87.8$78.2$74.5$3.76
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$112$27.5$85.0$66.9$62.4$4.53
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$99.8$19.2$80.6$61.1$56.8$4.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$96.4$20.2$76.2$60.5$57.5$3.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$93.4$20.2$73.2$65.9$58.9$7.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$90.3$24.2$66.1$62.8$59.6$3.19
2017Summary only. Only limited summary data is available for this year.$86.5$23.5$63.0$60.7$59.1$1.64
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$86.5$25.2$61.3$60.9$56.8$4.12
2015Detailed filing. Detailed filing data is available for this year.$85.8$28.6$57.2$64.6$60.9$3.63
2014Detailed filing. Detailed filing data is available for this year.$86.0$32.5$53.6$68.3$65.0$3.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.5$35.2$50.3$58.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.4$38.1$47.3$55.2
2011Summary only. Only limited summary data is available for this year.$84.9$39.9$45.0$59.8$57.8$2.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$83.1$40.1$43.0$52.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 18, 2025
Return Version
2024v5.2
Gross Receipts
$82,117,471
Mission and Program Overview

Mission

Distribution of tva-generated power.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$90,309,191$91,150,276▲ $841,085
Land, Buildings, and Equipment, Net$68,047,114$69,915,365▲ $1,868,251
Accounts Receivable$32,714,304$32,167,632▼ $546,672
Savings and Temporary Cash Investments$5,966,083$5,323,012▼ $643,071
Inventories for Sale or Use$2,839,238$2,930,711▲ $91,473
Other Notes and Loans Receivable, Net$2,347,817$2,346,148▼ $1,669
Investments in Publicly Traded Securities$1,075,290$1,075,290→ $0
Prepaid Expenses and Deferred Charges$562,779$478,501▼ $84,278
Pd in Cap Srpls Land Bldg Eqp Fund$128,870$131,967▲ $3,097
Cash and Non-Interest-Bearing Accounts$2,901$2,900▼ $1
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$118,784,831$124,692,493▲ $5,907,662
Other Assets Total$5,229,305$10,452,934▲ $5,223,629
Liabilities
Accounts Payable and Accrued Expenses$15,622,061$15,998,094▲ $376,033
Mortgage Notes Payable Secured by Investment Property$5,078,781$9,233,365▲ $4,154,584
Deferred Revenue$7,503,030$7,858,381▲ $355,351
Other Liabilities$142,898$320,410▲ $177,512
Total Liabilities$28,346,770$33,410,250▲ $5,063,480
Net Assets / Fund Balance
Total Net Assets Fund Balance$90,438,061$91,282,243▲ $844,182
Total Liabilities and Net Assets / Fund Balance$118,784,831$124,692,493▲ $5,907,662

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$51,809,956$73,263,818$125,073,774
Buildings$17,666,392$10,086,283$27,752,675
Land$439,017-$439,017
Other Assets Org$9,305--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael CoppockGeneral ManagerFT$224,744$18,913$243,657
Charles S GoodinAssistant General ManagerFT$172,782$13,314$186,096
Travis TolliverDirector of OperationsFT$161,387$18,422$179,809
Michael LoperFirst Class LinemanFT$150,575$17,935$168,510
Ronnie ParkerFirst Class LinemanFT$143,387$17,787$161,174
Joey SouthernArea SupervisorFT$141,462$12,973$154,435
Bill SurberBoard PresidentPT$1,200$17,042$18,242
Michael ShockleyBoard Director-$975$11,845$12,820
Tracey SharpBoard Vice President-$1,875$6,115$7,990
Judy RobertsonBoard Secretary/treasurer-$1,275$6,065$7,340
Lena ShortBoard Director-$1,050$6,115$7,165
Logan ShepardBoard Director-$6,150$349$6,499
Gary L RussellBoard Director-$225$6,115$6,340
Ricky WestBoard Director-$5,600$258$5,858
J Allen ParkeyBoard Director-$600$4,577$5,177
Roger a BallBoard President (retired)-$225$2,909$3,134
Russell EssaryBoard Director-$2,000$111$2,111

Highest Paid Contractors

ContractorServicesLocationCompensation
Price Tree And Bobcat ServiceTree Cutting136 BERT PRICE ROAD, Rogersville, TN 37857$954,677
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$79,921,105
Investment Income
$2,170,684
Other Revenue
$25,682
Change in Net Assets
$889,259

Audited Revenue Reconciliation

Revenue per Audited Statements
$82,117,471
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$82,117,471
Total Revenue per Form 990
$82,117,471
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$73,700,539
Salaries, Compensation, and Employee Benefits$7,527,673
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$7,264,032
Depreciation Depletion---$5,042,963
Other Expenses---$1,072,912
All Other Expenses---$621,905
Office Expenses---$411,415
Interest---$358,709
Current Officers, Directors, Trustees, and Key Employees---$245,919
Advertising---$230,814
Insurance---$195,775
Conferences and Meetings---$126,914
Occupancy---$43,826
Fees for Services Management---$39,474
Fees for Services Accounting---$27,600
Fees for Services Legal---$27,384
Other Employee Benefits---$17,722
Travel---$4,549
Total Functional Expenses$0$0$0$81,228,212

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$81,228,212
Total Expenses per Audited Statements$81,228,212
Total Expenses per Form 990$81,228,212
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$223,908
Tax Accruals and Payroll Deductions$96,502
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Customers are members of the cooperative.

Form 990, Part VI, Section A, Line 7A

Governing body is elected by cooperative members.

Form 990, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Powell Valley Electric Cooperative
EIN
54-0345615
Phone
4236260703
Address
PO BOX 1528, NEW TAZEWELL, TN 37824

Signing Officer

Name
Brad Coppock
Title
General Manager
Phone
4236260703
Signed
2025-12-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Coppock
Formed
1940
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
80
Volunteers
0

Preparer

Firm
Pugh & Company Pc
Address
315 N CEDAR BLUFF RD SUITE 200, KNOXVILLE, TN 37923
Preparer
Kelly a Tucker CPA
Phone
8657690660
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Other comprehensive income -48,174. Change in memberships 3,097.

Raw XML AppendixShowing 400 of 554 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt015622061
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt015998094
IRS990/AccountsReceivableGrp/BOYAmt032714304
IRS990/AccountsReceivableGrp/EOYAmt032167632
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0DISTRIBUTION OF TVA-GENERATED POWER.
IRS990/AdvertisingGrp/TotalAmt0230814
IRS990/AllOtherExpensesGrp/TotalAmt0621905
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BRAD COPPOCK
IRS990/BooksInCareOfDetail/PhoneNum04236260703
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1528
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW TAZEWELL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037824
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt02901
IRS990/CashNonInterestBearingGrp/EOYAmt02900
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0245919
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt0126914
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0954677
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0136 BERT PRICE ROAD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0ROGERSVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0TN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd037857
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0PRICE TREE AND BOBCAT SERVICE
IRS990/ContractorCompensationGrp/ServicesDesc0TREE CUTTING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02170684
IRS990/CYOtherExpensesAmt073700539
IRS990/CYOtherRevenueAmt025682
IRS990/CYProgramServiceRevenueAmt079921105
IRS990/CYRevenuesLessExpensesAmt0889259
IRS990/CYSalariesCompEmpBnftPaidAmt07527673
IRS990/CYTotalExpensesAmt081228212
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt082117471
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt07503030
IRS990/DeferredRevenueGrp/EOYAmt07858381
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt05042963
IRS990/Desc0ELECTRIC COOPERATIVE IN CONJUNCTION WITH RUS PROGRAMS, DISTRIBUTION OF TVA GENERATED POWER.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt080
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt027600
IRS990/FeesForServicesLegalGrp/TotalAmt027384
IRS990/FeesForServicesManagementGrp/TotalAmt039474
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1150.00
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IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt011845
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IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL SHOCKLEY
IRS990/Form990PartVIISectionAGrp/PersonNm1BILL SURBER
IRS990/Form990PartVIISectionAGrp/PersonNm2TRACEY SHARP
IRS990/Form990PartVIISectionAGrp/PersonNm3J ALLEN PARKEY
IRS990/Form990PartVIISectionAGrp/PersonNm4GARY L RUSSELL
IRS990/Form990PartVIISectionAGrp/PersonNm5LENA SHORT
IRS990/Form990PartVIISectionAGrp/PersonNm6ROGER A BALL
IRS990/Form990PartVIISectionAGrp/PersonNm7RICKY WEST
IRS990/Form990PartVIISectionAGrp/PersonNm8JUDY ROBERTSON
IRS990/Form990PartVIISectionAGrp/PersonNm9RUSSELL ESSARY
IRS990/Form990PartVIISectionAGrp/PersonNm10LOGAN SHEPARD
IRS990/Form990PartVIISectionAGrp/PersonNm11MICHAEL COPPOCK
IRS990/Form990PartVIISectionAGrp/PersonNm12JOEY SOUTHERN
IRS990/Form990PartVIISectionAGrp/PersonNm13CHARLES S GOODIN
IRS990/Form990PartVIISectionAGrp/PersonNm14MICHAEL LOPER
IRS990/Form990PartVIISectionAGrp/PersonNm15TRAVIS TOLLIVER
IRS990/Form990PartVIISectionAGrp/PersonNm16RONNIE PARKER
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt51050
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6225
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt75600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt81275
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt92000
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IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD SECRETARY/TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12AREA SUPERVISOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF OPERATIONS
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